Melbourne’s City Circle tram loops past a dense matrix of culture, education and commerce, but few intersections offer as much access in so little walking distance as the northern end of King Street.

Here, Aspire Melbourne rises 64 storeys from the edge of Flagstaff Gardens, with immediate connectivity to tram and train networks, and pedestrian access to Queen Victoria Market, Marvel Stadium and Melbourne’s major university precincts.

Developed by ICD Property with design by Fraser &amp; Partners, Aspire Melbourne brings 570 apartments to one of the CBD’s most spatially balanced positions, directly between civic green space and key employment infrastructure.

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Everything from retail and dining to sporting events, art, theatre, and festivals, or the serenity of the city’s gardens, is within walking distance of Aspire.

Melbourne's thriving coffee culture is showcased in the CBD's cobblestoned laneways, with popular cafes such as Brother Baba Budan, Krimper, Stagger Lee's, Higher Ground, and Manchester Press all nearby.

For culinary enthusiasts, Melbourne offers a variety of dining experiences. Highly recommended establishments include Maha, Farmer's Daughter, Coda, and MoVida Next Door, offering everything from Middle Eastern dinners to a night out.

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Getting around Melbourne is as effortless as finding a great cup of coffee, thanks to the city’s clean, reliable and extensive public transport network. Aspire’s curved tower is a short walk from Melbourne Central Station, Southern Cross Station and the Free Tram Zone, offering seamless connections across the CBD and out to suburban precincts.

This inner-city accessibility is complemented by Aspire’s rare proximity to green space. The tower directly overlooks Flagstaff Gardens, the city’s oldest park, with Fitzroy Gardens and the Royal Botanic Gardens also nearby, framing the CBD in natural beauty.

Just 11 minutes on foot, Queen Victoria Market adds another layer of amenity. A longstanding hub of culture and commerce, it offers fresh produce, gourmet foods, artisanal goods and vibrant multicultural fare, all woven into the daily rhythm of city life.

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To the west, the CBD’s entertainment quarter features Marvel Stadium, just 750 metres from Aspire, ideal for sports fans and major events.

To the south, Crown Casino along the Yarra River offers entertainment, dining and family-friendly activities, accessible in under 10 minutes by tram.

The Arts Centre Melbourne, a hub for visual art, theatre, music and performance, is also within easy reach by public transport or car.

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For families looking to set up roots in the CBD, education options abound within a one-kilometre radius of Aspire.

The prestigious Haileybury opened its Melbourne CBD campus in January 2017 offering Melbourne's first Early Learning Centre to Year 12 private school campus in the CBD.&nbsp;

<a href="/developments/north-melbourne-vic-3051">North Melbourne</a> Primary School, South Melbourne Primary School, Ozford College, and Simonds Catholic College are among the other choices, while universities like Victoria University, La Trobe University, and Monash University are less than 600 metres away.

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A limited selection of one, two, and three-bedroom apartments remain for sale, with pricing starting from $647,000.

“The Melbourne CBD apartment market has evolved in response to both the strong growth of the overall city as well as the increasing attraction of the CBD which offers unique lifestyle appeal, especially to the fast-growing cohorts of young professionals and university students,” <a href="/project-marketer/colliers">Colliers</a>&nbsp;Managing Director Residential Tim Storey said.

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Joel Robinson

On the fringe of Flagstaff Gardens: Aspire Melbourne's prime location

The onset of the pandemic was a tough time for developers across the country.

In Western Australia, development came to a grinding halt.

“There had been little to no increase in the cost to build for about 12 to 13 years before the pandemic,” Gavin Hawkins, Executive Director of <a href="https://www.apartments.com.au/developers/edge-visionary-living">Edge Visionary Living</a>, one of Perth’s premier developers, told Apartments.com.au.

“Everything then went up overnight. Costs escalated, and so did the prices buyers had to pay. Pair the cost increase with the lack of available builders, and any project worth upwards of $100 million had to be paused because it wasn’t feasible to deliver.”

There were also a series of builder insolvencies, while many tier-one firms shifted their focus away from residential towers. “A lot of the large builders had taken on major government contracts for hospitals, schools and transport infrastructure, which offered lower risk and steadier returns. That left very few willing or able to deliver large-scale apartment projects in WA,” Hawkins said.

As a solution-driven business, Edge decided they would bring construction in-house.

“The builder-developer model is a more common model in the eastern states, but it hasn’t really been done in WA before,” Hawkins says. In the middle of 2023, they established Edge Construction, hiring senior staff members from reputable tier-one builders.

“We showed them our pipeline of projects, which de-risked the process somewhat, and now we have a 45-strong construction team working across our six projects currently under construction.”

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Edge’s portfolio is arguably one of the most enviable in the state, with a diverse spread both geographically and in terms of density.

In Crawley, the team is approaching completion of <a href="https://www.apartments.com.au/new-apartments/broadway-on-the-bay-crawley-168-broadway-crawley-wa-6009">Broadway on the Bay</a>, just 21 riverfront apartments in an eight-level building. North of Crawley, Edge is also soon to complete <a href="https://www.apartments.com.au/new-apartments/claytons-mindarie-beachfront-mindarie-50-alexandria-view-mindarie-wa-6030">Claytons Mindarie Beachfront</a>, an 89-residence community comprising apartments, penthouses, and two-storey townhouses.

One of Edge’s most notable developments is <a href="https://www.apartments.com.au/new-apartments/the-dunes-beachfront-residences-scarborough-1-reserve-street-scarborough-wa-6019">The Dunes</a>, a landmark project on the iconic Scarborough beachfront. Its 223 residences are spread across two buildings that will also feature a lagoon pool, wine cellar, and a series of formal and informal dining and lounge areas, reinforcing its positioning as one of the suburb’s most ambitious residential undertakings.

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Edge’s Fremantle project, <a href="https://www.apartments.com.au/new-apartments/muse-at-artisan-place-fremantle-19-burt-street-fremantle-wa-6160">Muse at Artisan Place</a>, is also breaking new ground as the first, and most premium stage, of a new residential precinct in the city’s east end. They have two of the four buildings, Muse West and Muse East, under construction, which will deliver 153 of the broader Artisan Place precinct that will eventually comprise 277 residences.&nbsp;

Not forgetting the CBD fringe, Edge has also commenced the build of <a href="https://www.apartments.com.au/new-apartments/lumiere-south-perth-35-mends-street-south-perth-wa-6151">Lumiere</a>, a mix of 115 one, two, and three-bedroom apartments in a striking curved building by Hilliam Architects in South Perth. Lumiere also leans heavily on resident amenity, with an infinity heated pool with cabanas, a gym with a sauna and yoga deck, billiards room and cocktail bar, a residents’ lounge with fireplace and dining area, and a street-level café and wine bar.

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Edge is doubling down in South Perth, having recently acquired a site on Harper Terrace, the last privately held riverfront block in South Perth’s Mends Street precinct. Hawkins says the team had been working for years to secure the adjoining block, which had four separate owners in an original apartment building. Then the neighbouring cleared block came up for sale, allowing them to create a prized and unrepeatable 4,000 sqm-plus site.

The plan is to launch Harper on Swan, an 11-level building with around 71 apartments, mostly three-bedroom residences, to the market soon. Hawkins says the downsizer market in particular continues to be resilient in WA. “Now their homes are up to double what they were four years ago, and they are ready to take advantage of that and move into a new apartment,” Hawkins says.

“With strong population growth, full employment, and limited supply in the new apartment space, WA is well positioned heading into 2026.”

Edge’s portfolio is arguably one of the most enviable in the state, with a diverse spread both geographically and in terms of density.

How EDGE Visionary Living navigated the pandemic, and came out stronger: Five minutes with Gavin Hawkins

Construction has officially commenced at <a href="https://www.apartments.com.au/new-apartments/botanical-turner-2-forbes-street-turner-act-2612">Botanical Turner</a>, one of Canberra’s most anticipated new residential communities, with site works well underway in preparation for the piling rig to arrive in November. &nbsp;

Developed by <a href="https://www.apartments.com.au/developers/amalgamated-property-group">Amalgamated Property Group</a> in partnership with <a href="https://www.apartments.com.au/developers/base-developments">Base Developments</a>, Botanical Turner builds on the team’s proven track record of delivering landmark projects across Canberra and beyond. It is being brought to life by the highly respected team at <a href="https://www.apartments.com.au/builders/milin-builders">Milin Builders</a>, known for delivering a number of award-winning projects across the ACT.&nbsp;

Almost 50 per cent of the residences have already sold during Stage 1, signalling both the strength of &nbsp;buyer confidence and the rarity of Botanical’s offering.

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Graham Potts, Principal and Founding Director of Amalgamated Property Group, said the market response affirms the vision for Botanical.&nbsp;

“To see construction now underway is a milestone for both our team and our buyers. Nearly half &nbsp;of the residences have been secured in this first stage, which validates our approach of creating &nbsp;homes that are both distinctive in design and generous in scale. Botanical is more than a &nbsp;residential project, it’s a contribution to the future of Canberra’s inner north, designed to hold its &nbsp;value for generations to come.”&nbsp;

Proving popular with owner-occupiers, Botanical Turner offers a broad range of floorplans with one-, two-, and three-bedroom residences designed for flexibility. The project has drawn the attention of downsizers in particular, who value the low upkeep, leafy inner-north location, and forward-thinking considerations for storage and functionality.&nbsp;

&nbsp;

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Designed by award-winning <a href="https://www.apartments.com.au/architects/sjb-architects">SJB Architects</a> (2023 International Interior of the Year at World &nbsp;Architecture Festival and 2024 Premiers Prize at NSW Architecture Awards), Botanical Turner &nbsp;makes a statement in both presence and liveability. The building’s bold geometric form is layered in a palette of red brick, terracotta and crisp white.

Carefully integrated communal spaces, including a landscaped courtyard, arched walkways &nbsp;and open thoroughfares, give residents a sense of connection and ease, while the abundant &nbsp;amenities reflect the expectations of a discerning market backed by Amalgamated’s lifestyle-led approach. These include a concierge, indoor lap pool set among greenery, spa, sauna, &nbsp;steam room and a fully equipped gym.

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Keenan Veraar, <a href="https://www.apartments.com.au/project-marketer/lj-hooker-project-marketing-act-0">LJ Hooker</a>, said Botanical Turner has exceeded expectations in terms of demand.&nbsp;

“Botanical Turner has attracted strong early interest and I believe that is because of three key factors; its beautiful build form, the generous apartment sizes, and buyers know they are purchasing into a project backed by one of Canberra’s most respected development partnerships,"&nbsp;Veraar said.

"Amalgamated and Base have delivered time and again, and that consistency gives people confidence. SJB Architects has created outstanding projects interstate using similar &nbsp;tones and materials, all of which have been incredibly well received. That pedigree reassures &nbsp;our buyers that Botanical will set a new benchmark for Canberra.”&nbsp;

[smartcode_project:default project_id=149632 project_image_fid=338672]

Dennis Milin, Principal of Base Developments and Milin Builders, said construction progress is advancing on schedule.&nbsp;

“Off-site works and site servicing are nearing completion, with excavation and preparation for &nbsp;piling equipment in progress to allow for the commencement of basement earthworks," Milin says.

"With decades of delivery experience and a longstanding partnership with Amalgamated, we’re &nbsp;committed to bringing SJB’s vision for Botanical Turner to life. The project will be defined by the &nbsp;same uncompromising standards and attention to detail that underpin every one of our developments.”&nbsp;

Apartments at Botanical start from $600,000.

&nbsp;

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Construction commences at Botanical Turner as stage one reaches 50 per cent sold

Design-led property developer <a href="https://www.apartments.com.au/developers/orchard-piper">Orchard Piper</a> has achieved $125 million in sales prior to publicly launching its latest Toorak Village development, <a href="https://www.apartments.com.au/new-apartments/one-toorak-place-7-19-carters-avenue-toorak-vic-3142">One Toorak Place</a>, to market.

The milestone was reached with the sale of a four-bedroom, three-and-a-half bathroom apartment to a Toorak local for $13.75 million, achieving per square metre rates of $37,000.

Another notable recent transaction is the sale of a four-bedroom, three-and-a-half-bathroom residence to Toorak local Paul Rosen for $12.65 million in July representing a square meter rate of $43,174.&nbsp;

In May, the development made history with the record-breaking penthouse sale of more than $20 million, to Group CEO at Accent Group Limited Daniel Agostinelli and his wife Lynette.&nbsp;

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Orchard Piper Director Luke McKie said the record breaking achievement and sales success reflects the demand for thoughtfully designed, luxury residences and the unique lifestyle proposition of a serviced residential building that offers the scale of a home, but with added lifestyle benefits, high security and amenity.

“The early purchasers of this project are very familiar faces to Orchard Piper. Many of them are Toorak locals who have waited years for the right project to buy into. They understand how rare this offering is, and trust us to deliver them an outstanding property.”&nbsp;

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Developed in collaboration with joint venture partner NPACT (a partnership between James Packer’s family office and Todd Nisbet), One Toorak Place introduces a new model of hotel-style residential living to the suburb.&nbsp;

Located at 7-11A and 17-19 Carters Avenue, the development includes a collection of two-, three-, and four-bedroom residences and penthouses, boutique commercial suites, curated retail and an integrated hospitality precinct by acclaimed restaurateur Chris Lucas.

Delivered in his signature style, the precinct will be curated to reflect the spirit of the neighbourhood and the lifestyle of its residents. Lucas will also design a suite of bespoke services for residents of the building, including in-residence private dining, cellar concierge services and priority access to all Chris Lucas restaurants.&nbsp;

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Designed by <a href="https://www.apartments.com.au/architects/kerry-hill-architects">KHA (Kerry Hill Architects)</a>, residents will enjoy access to hotel-style five-star services and amenities, including concierge, a 25-metre lap pool, full-service gym, sauna, steam room, and hot and cold therapies. Also included are a dedicated resident lounge, resident meeting room, a golf simulator, and practical facilities such as dog-wash and car-wash bays.&nbsp;

One Toorak Place is Toorak’s largest planning approval to date, occupying the 3,589 sqm former Mercedes-Benz Toorak site. With a total of 5,000 sqm of premium land under development across two projects in Toorak Village, Orchard Piper’s contribution to the precinct is set to surpass $550 million in value, reinforcing its long-term commitment to design-led renewal in the area.&nbsp;

Construction on One Toorak Place is expected to commence towards the end of 2025.&nbsp;

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The development is now over 30 per cent sold by value in under three months, with significant sales including a record-breaking $20 million penthouse, and two four-bedroom apartments for $13.75 million and $12.65 million. 

Orchard Piper achieves $125 million in pre-launch sales at Packer-backed Toorak Village development

The first large-scale residential community built on the Gold Coast’s <a href="https://www.apartments.com.au/developments/isle-of-capri-qld-4217">Isle of Capri</a> in more than 30 years is nearing sell-out, with limited villas now available in the exclusive island enclave.

Developed by <a href="https://www.apartments.com.au/developers/monaco-property-group">Monaco Property Group</a> and built by <a href="https://www.apartments.com.au/builders/greyburn">Greyburn</a>, Capri Villas brings 48 architect-designed homes to one of the Gold Coast’s most sought-after addresses. The gated community combines privacy, security and premium design in a central location.

Michael Kollosche, Managing Director of <a href="https://www.apartments.com.au/project-marketer/kollosche-new-projects">Kollosche</a>, said security and lifestyle are front of mind for today’s buyers.

“Capri Villas offers the comfort of a home, the convenience of a central location, and the confidence that comes with a gated community.”

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With only a handful of villas remaining, the sales momentum reflects both strong buyer demand for <a href="https://www.apartments.com.au/buildings/capri-villas-81-salerno-street-isle-of-capri-qld-4217">Capri Villas</a> and a broader shortage of new, move-in-ready boutique homes on the Gold Coast.

The villas span two levels, each with three bedrooms, generous living areas and high-end finishes such as marble kitchens with Gaggenau appliances. Solid concrete construction underpins the design, while landscaped courtyards extend living spaces outdoors. Practical inclusions like secure garaging, ducted climate control and ample storage enhance everyday comfort.

Residents also have access to resort-style facilities within the gated grounds, including a swimming pool with cabanas and day beds, landscaped outdoor entertaining areas with barbecues, and a residents’ lounge.

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“Opportunities like this don’t come up often,” Kollosche added.

“Capri Villas combines security, design and location in a way that is rare on the Gold Coast and the level of interest we’re seeing reflects that.”

Isle of Capri is an island community tucked in behind Surfers Paradise, offering residents a quieter lifestyle while remaining close to the action. Linked to the beachfront by bridge, the suburb is favoured for its walkability, with Capri on Via Roma (including Harris Farm Markets) providing dining, cafes and essentials just 800 metres away. Beaches, restaurants and entertainment are close at hand, while transport connections add to the suburb’s appeal.

Capri Villas are located at 81 Salerno Street, Isle of Capri. Two-level, three-bedroom villas are priced from $2.4 million.

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Capri Villas approach sell-out following recent completion

Construction

The prominent Sunshine Coast developer Cube Developments has launched their own&nbsp;construction arm in an attempt to cruise over the&nbsp;currently problematic&nbsp;Australian&nbsp;construction industry.

Cube Constructions will be led by&nbsp;Michael Crocker,&nbsp;whose long career saw him lead the likes of Hutchinson Builders and NCM Constructions.

Director of Cube Developments Scott Juniper said taking the builds of upcoming projects in-house was a natural evolution for the company due to the team&rsquo;s expert mix of design, build, trades and consultancy.

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&ldquo;Our team has a strong history of delivering high-quality projects across the Sunshine Coast. Couple this with the long running expertise that Michael brings to the venture as Head of Construction, we are confident that we are in the best position to deliver our projects from start to finish,&rdquo; Juniper said.

&ldquo;We&rsquo;re looking forward to giving both existing and new purchasers the confidence that when they sign an off-the-plan contract that it&#39;s something that can and will come to fruition, and in a timely manner.&rdquo;

With a recruitment drive underway, Crocker said the new venture will create plenty of new jobs in the region, including project managers, safety officers and site foreman.

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&ldquo;Following the huge demand for property experienced here on the coast over the last 18 months, we have more than 500 residences in the pipeline across five Cube Developments projects, all of which will be built by Cube Constructions,&rdquo; Crocker said.

The first project to commence under Cube Constructions is Nature by Cube in Cotton Tree with works scheduled to start mid-July, followed by the construction of Oasis in Bokarina Beach and Seasons by Cube in Birtinya.

The announcement comes at a critical time in the Australian building sector, with over 16 large firms having collapsed since 2021, leaving developers with unfinished projects, thousands of Australians without jobs and just as many would-be homeowners empty handed.

Cube Constructions will be led by Michael Crocker, whose long career saw him lead the likes of Hutchinson Builders and NCM Constructions

Sunshine Coast developer Cube launch construction arm

Lendlease Development has appointed the local Melbourne builder, Balmain &amp; Co, to construct their latest Richmond project, Gramercy Terraces.

The industrial brick fa&ccedil;ade will be built by the Melbourne construction company, which has previously collaborated with SMA Projects and CDG Developments.

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&ldquo;A trusted development team has never been more important than now. Lendlease and Bates Smart have partnered seamlessly to present Gramercy Terraces to be delivered by Balmain &amp; Co over the next 12 months&quot;, Bracken Hall&#39;s Andrew Hall said.

&quot;With only two of 14 [townhouses] remaining, the market has seen what we saw, impeccable design and finish in iconic Bendigo St&quot;, Hall added.

Shaped by the heritage precinct of Bendigo Street, the three and four-bedroom freehold homes are designed to deliver grand floorplans and refined contemporary finishes.

Formerly the grounds of &lsquo;Studio Nine&rsquo;, and once the site of the Wertheim Piano Factory, the development&rsquo;s namesake is a nod to music legends and the rich musical history of the site.

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Each residence, designed by architects Bates Smart, features grand floorplans and offer unrivalled space in an exclusive Richmond setting.

Residences in the inner-city development start from $1.945 million, with prices reaching $2.245 million for a four-bedroom townhome.

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With construction commencing later this year and just two properties remaining, this is the last chance for prospective buyers to secure a home at Gramercy.

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Lendlease Development have appointed Balmain & Co to construct their latest Richmond project, Gramercy Terraces

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Balmain & Co appointed to construct Lendlease’s Gramercy Terraces in Richmond: All but two townhouses snapped up

Construction has kicked off&nbsp;on Due North, the Preston&nbsp;apartment development by the Melbourne property developer, Caydon Property.

Ironside has been appointed as the construction partner for Due North, having previously worked with Caydon on the Preston Windsor &amp; Co project, six-level building of 125 apartments..

Caydon said they are&nbsp;excited&nbsp;to work with Ironside again, a company that has an successful track record in creating quality apartment buildings.

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&ldquo;As a leader in multi-residential apartment developments, Ironside has shown strong growth year-to-year in the small to medium size residential space,&quot; a spokesperson for Caydon said.

&ldquo;We have every confidence that Ironside will bring their incredible experience, attention to detail, craftsmanship, and enthusiasm to this project.&quot;

Completion for Due North is slated for mid-2023, with groundworks, including excavation and basement retention, have already begun.

Luke Skurrie, the managing director of Ironside, said the company embraced the opportunity to partner with Caydon once again.

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&ldquo;Ironside are thrilled to be awarded Due North. We look forward to delivering another quality development as we continue to build a better Melbourne with&nbsp;Caydon,&quot; Skurrie said.

Located in the hive of Preston South, the focal point of Due North is its impressive rooftop amenity level, complete with a swimming pool with views back to Melbourne.The 12-level develop is located on the popular High Street, jusut 20 minutes from the Melbourne CBD.

Once complete, Due North will home 107 one, two and three-bedroom apartments and three ground-level retail spaces.&nbsp;Over 50 per cent of apartments in the building have already sold.

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Ironside has been appointed as the construction partner for Due North, having previously delivered the Preston Windsor & Co project with Caydon

Caydon Property appoint Ironside to construct Preston apartment development, Due North

The latest Melbourne lockdown has led to some strong enquiry at Omnia, the&nbsp;Moorabbin development in Melbourne&#39;s south-east developed by Shenfield Property.

The one, two and three-bedroom apartments and townhomes are&nbsp;now sold 50 per cent sold.

[smartcode_project:default project_id=29048 project_image_fid=151676]

Noorden Property director David Lamond attributes this to the generously sized floorplans available at Omnia, ranging from 52 sqm to as large as 185 sqm, which are larger than what is typically on the market.

&ldquo;It is a win-win all the way&rdquo;, he said.

Situated at 4-6 Horscroft Place, Omnia is delivered by boutique developers Shenfield Property and designed in collaboration with Roger Brayshaw Architects.

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Most of the apartments at Omnia face North, offering discerning buyers an abundance of natural light.

The developers are expecting demolition to start during September, with construction to begin shortly after.

With the exception of one buyer, all purchasers so far have been owner-occupiers with some future residents even purchasing two side-by-side to create an even larger residence.

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The Shenfield Property development defines modern comfort and style, with proportioned interiors designed by Aldona Padjak and a great selection of living spaces.

Omnia&rsquo;s park frontage lays the foundation for its environmental consciousness, featuring energy-efficient design and an appealing pocket park on the North side of the building, created by Wallbrink Landscape Architecture.

According to the developers, project completion is on track for October 2022, with Shenfield Property leading the building process.

[smartcode_project_cta: project_id=29048]

The latest Melbourne lockdown has led to some strong enquiry at Omnia, according to Noorden Property director David Lamond.

Melbourne lockdown sees Omnia, Moorabbin apartments hit 50% sold, construction to start

Construction has commenced on Lincoln Apartments, the fourth apartment development by property developer Cedar Woods at its Williams Landing masterplanned community in Melbourne&rsquo;s west.

Figurehead Construction has been appointed as the builder for Lincoln Apartments, having previously delivered multiple projects for Cedar Woods across its Victorian communities.

Cedar Woods development director, Callum Knight, joined Figurehead managing director, Joe Grasso, on-site recently for the project&rsquo;s official sod turn.

<figure><img alt="" class="image-article-full-width-580px" height="541" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/210520_lincoln_sod-turn_cal_joe2-crop_1.jpg?itok=RSSD7Mno" title="f Callum Knight, development director at Cedar Woods and Joe Grasso, managing director at Figurehead Construction, breaking ground at the project site" width="580" />

<figcaption>Callum Knight, development director at Cedar Woods and Joe Grasso, managing director at Figurehead Construction, breaking ground at the project site.</figcaption>
</figure>

&ldquo;Our Lincoln project has started construction at an exciting time as we continue to create local jobs and support the construction industry,&rdquo; Knight explains.

Designed by DKO Architecture, the five-storey building will include 69 apartments and features in-house amenities including a gym and a communal rooftop recreation area for residents to enjoy.

Buyers get the opportunity to tailor their apartments, with light or dark palette options of textured timbers, honed stone, loop pile carpet and large format porcelain tiles.

[smartcode_project:default project_id=27675 project_image_fid=70623]

Lincoln Apartments is located within the town centre and will be a short walk from the Williams Landing shopping centre, train station, restaurants and the growing commercial office hub.

According to Knight, amenity has been a key driver in the popularity of the project.

&ldquo;We have developed Lincoln as a project that offers everything residents could possibly need. Being located within the town centre and having access to in-building amenity, purchasers are taking advantage of the value on offer.&rdquo;

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Following the ground-breaking of Lincoln Apartments, Cedar Woods has launched a series of boutique apartment stages in response to market demand from owner-occupiers for low-rise, suburban living.

Positioned as one of Wyndham&rsquo;s preeminent suburbs, once completed, the $2 billion masterplanned Williams Landing community will be home to 2,400 dwellings, as well as a thriving commercial and retail precinct.

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Located just 20 kilometres from Melbourne&rsquo;s CBD Williams Landing offers a diverse housing mix, train station, shopping, dining, parklands and office precinct, and has created demand from first home buyers, to downsizers and investors who saw the growth potential of the suburb.

Construction completion for Lincoln Apartments is slated for mid-2022.

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Construction has commenced on Lincoln Apartments, the fourth apartment development by property developer Cedar Woods at its Williams Landing masterplanned community

Construction commences at Cedar Woods’ fourth Williams Landing apartment development, Lincoln Apartments

Astute property investors are recognising the potential of Sydney property, with its numerous amenities, leading universities and great employment opportunities.

As free-standing home prices surge and approvals to build new houses reach record highs, homebuyers are looking to the off-the-plan apartment market to find savings on brand-new luxury developments.

For many buyers, a downside to off-the-plan purchases include the long wait for construction but with many projects expected to reach completion before the end of the year, Urban has decided to take a look at five soon-to-be-completed developments offered in Sydney.

1. Georgette, Schofields 
Developer: Positive Investment Enterprise 
Two-bedroom apartments from $535,000

[smartcode_project:default project_id=32227 project_image_fid=93945]

Kew Schofields second stage, Georgette, is expected to reach completion later this year, with 137 apartments available in one and two-bedroom configurations.

Designed by PBD Architects, residents can enjoy light-filled apartments in Sydney&rsquo;s fast-growing north-west.

Delivering a change of scenery from the bustling city setting, Georgette is set amongst lush green spaces for privacy and natural beauty.

[smartcode_project:default project_id=32227 project_image_fid=93951]

Each apartment boasts extended gardens, ample storage and, in partnership with Tesla, state-of-the-art energy and storage innovations.

2. 180 George, Parramatta 
Developer: Meriton 
Two-bedroom apartments from $715,000

[smartcode_project:default project_id=8590 project_image_fid=71711]

Hailed as Parramatta&rsquo;s tallest residential tower, 180 George is a new world-class development that brings beautiful residences with luxury amenities.

Set to reach completion in December, the 767-apartment tower features communal open space, rooftop gardens, a sundrenched podium terrace and barbeque area.

The 1,200 sqm podium gardens complement the adjoining 58-level hotel suites tower.

[smartcode_project:default project_id=8590 project_image_fid=71714]

Within walking distance is the Westfield Parramatta, Parramatta Park and a diverse range of bars and restaurants that line Church Street.

3. Ed.Square, Edmondson Park 
Developer: Frasers Property 
Two-bedroom apartments from $620,000

[smartcode_project:default project_id=5995 project_image_fid=78734]

Estimated to reach completion in December 2021, Ed.Square is the latest innovation from Fraser Property that is set to deliver new net zero energy demand homes.

Situated in Sydney&rsquo;s south-west suburb of Edmonson Park, the homes will produce more energy than they consume, saving residents up to 43 per cent of their energy costs.

Its sustainable features include LED lighting, electric-boosted solar hot water, geothermal heating and will not feature natural gas.

[smartcode_project:default project_id=5995 project_image_fid=78730]

The homes are located within convenient access to an array of shopping, dining and entertainment facilities.

4. Castle Residences 
Developer: United Development Sydney 
One-bedroom apartments from $1,230,000

[smartcode_project:default project_id=7758 project_image_fid=79424]

Anticipated to reach completion before the end of the year, United Development Sydney&rsquo;s sought-after Castle Residences is delivering 131 apartments just off Hyde Park.

The project merges five-star luxury hotel services and amenities with high-end apartments designed by Candalepas Associates.

The construction includes the refurbishment of the 142-year-old heritage-listed Porter House building and will include amenities such as luxurious dining areas, private dining spaces and in-residence catering.

[smartcode_project:default project_id=7758 project_image_fid=150437]

Timeless sculptural alcoves and arches bring together historical and contemporary architecture, while interior styling takes inspiration from Manhattan apartments.

5. Beyond, Hurstville 
Developer: Fridcorp 
Two-bedroom apartments from $850,000

[smartcode_project:default project_id=6798 project_image_fid=140935]

Fridcorp&rsquo;s latest Hurstville development, Beyond, will deliver its residents a number of on-site amenities that match the quality of the world&rsquo;s best hotels before the end of 2021.

Each residence exudes uncompromised quality from every aspect, with one, two, and three-bedroom apartments on offer.

Designed by DKO Architecture, the light-filled interiors boast wide frontages and a refined, contemporary aesthetic.

[smartcode_project:default project_id=6798 project_image_fid=140952]

Among its amenities include a two-podium platform, an outdoor dining and teppanyaki grill, gardens, lobby bar and residents&rsquo; dining.

Urban has decided to take a look at five soon-to-be-completed developments offered in Sydney

The top five Sydney apartments completing construction before the end of 2021

Established in 1991, Hickory has steadily evolved from a family-owned company to a nationwide group of construction specialists.

One of Australia&rsquo;s leading construction groups, Hickory has forged a reputation as an innovative and dynamic company with a commitment to environmental sustainability.

Unlike many other construction companies, Hickory prides themselves on their role as project builders.

The company is self-performing of over 60 per cent of the work on their construction projects, including structure, carpentry and fa&ccedil;ade, enabling them greater control over the project&rsquo;s cost and schedule.

With close to 30 properties built by Hickory listed on Urban, below we take a look at the top five that homebuyers can secure in Melbourne now.

1. <a href="/buildings/yarra-one-16-22-claremont-street-south-yarra" target="_blank">Yarra One</a> 
Address: 16-22 Claremont Street, South Yarra VIC 3121 
Two-bedroom apartments from $725,000

[smartcode_project:default project_id=3127 project_image_fid=31085]

EcoWorld International&rsquo;s second Australian project, Yarra One, offers 247 one, two and three-bedroom apartments in Victoria&rsquo;s South Yarra.

Hickory constructed the Fender Katsalidis-designed tower, which features rectilinear patterns and pure geometry.

One of the most striking elements of the $250 million development is the Claremont Street atrium.

2. <a href="/buildings/hawthorn-park-33-camberwell-road-hawthorn-east?last_source_news_article_id=99979&amp;ref=news_related_project" target="_blank">Hawthorn Park</a> 
Address: 33 Camberwell Road, Hawthorn East VIC 3123 
Two-bedroom apartments from $670,000

[smartcode_project:default project_id=3730 project_image_fid=158928]

Dahua Group&#39;s Hawthorn Park&nbsp;delivers a mix of one, two, three and four-bedroom residences that reimagine the norm of apartment living.

Designed by Rothelowman, the project boasts unparalleled amenities, including Melbourne&rsquo;s first sky pool, theatre rooms and a stunning sky lounge.

The tower also features over 2000 sqm of parkland curated by acclaimed landscape architect Jake Merlo that bring the Hickory-constructed building to life.

3. <a href="/buildings/victoria-vine-1-57-wellington-street-collingwood">Victoria &amp; Vine</a> 
Address: 1-57 Wellington Street, Collingwood VIC 3066 
Three-bedroom apartment prices available upon request

[smartcode_project:default project_id=5117 project_image_fid=24688]

Situated in Collingwood, Victoria &amp; Vine is a new $280 million luxury residential and retail precinct delivered by GURNER.

Set across nine buildings of different materials and heights, the development draws influence from New York&rsquo;s Meatpacking District and embodies a warehouse-style structural design.

Designed by COX Architecture, the homes blend into Collingwood&rsquo;s rich history of industrial factories and feature 11 retail tenancies and 4,500 sqm of resident amenity.

Only three-bedroom apartments remain.

4. <a href="/buildings/east-central-tower-820-whitehorse-road-box-hill">East Central Tower</a> 
Address: 820 Whitehorse Road, Box Hill VIC 3128 
Two-bedroom apartments from $565,000

[smartcode_project:default project_id=3867 project_image_fid=21985]

East central tower is a 30-storey building in Melbourne&rsquo;s Box Hill, delivered by the LongRiver Group.

Designed by Fender Katsalidis, the tower features 301 apartments in one, two and three-bedroom configurations.

The urban paradise boasts 1,500sqm of residential facilities, plus 3000 sqm of combined office and retail space, including a wellbeing centre, pool, yoga studio and gym.

Hickory completed construction on the 30-storey tower in December 2020.

5. <a href="/buildings/victoriana-melbourne-20-queens-road-melbourne">Victoriana</a> 
Address: 20 Queens Road, Melbourne VIC 3004 
Two-bedroom apartments from $745,000

[smartcode_project:default project_id=1979 project_image_fid=78667]

Completed in March 2021 by Hickory, Victoriana delivers 250 oversized two, three and four-bedroom apartments over 41,000 sqm of build form.

Overlooking Albert Park, the 18-storey tower features luxurious amenities and sprawling terraces with panoramic vistas.

Located on one of the most prestigious boulevards in Melbourne, St. Kilda Road, the Rothelowman-designed project features a large heated indoor to outdoor pool, cabana lounges and outdoor gardens.

One of Australia’s leading construction groups, Hickory has forged a reputation as an innovative and dynamic company with a commitment to environmental sustainability

Top five projects Hickory are building in Melbourne in 2021

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Developers Samuel Property and Bracken Hall have appointed Minicon to construct their latest Brighton project, Willow.

The art-deco inspired project, architecturally-designed by Bayley Ward, features layered designs and a striking exterior that integrates into its tree-lined environment. The soft arches and brick façade will be built by Minicon, the smaller project entity of the Icon Group and Kajima Australia.

Willow will feature a collection of two, three and four-bedroom home-sized residences. Its offerings include vast light-filled spaces, biophilic design and soft landscaping by Acre Landscape.

Residences in the bayside development start from $2.175 million, with prices reaching $6.5 million for a penthouse apartment.

With construction commencing early 2021, this is the last chance for prospective buyers to design their home ahead of construction in a complimentary private appointment offered by Bayley Ward.

<h2>Other luxury developments on the market in Melbourne’s Bayside suburbs</h2>

1.    <a href="/buildings/tilli-547-hampton-street-hampton">Tilli, Hampton</a> 
Address: 547 Hampton Street, Hampton VIC 3188 
Three-bedroom residences from $1,190,000

<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/tilli-547-hampton-street-hampton-7ccdd72a5a4e52304e318a7e8f7435b0_0.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="337" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/tilli-547-hampton-street-hampton-7ccdd72a5a4e52304e318a7e8f7435b0_0.jpg?itok=r-ZQgs98" width="580"></a>

Positioned on the top end of a vibrant Bayside retail strip, Tilli offers luxury in a exclusive location. Delivered by Shenfield Property, Tilli is a collection of eight two and three-bedroom residences.

The three-storey mixed-use project offers residents generous kitchens, terrace space and light-filled living with apartments beginning from $1.19 million.

2.    <a href="/buildings/jasmin-1-wave-street-hampton">Jasmin, Hampton</a> 
Address: 1 Wave Street, Hampton VIC 3188 
Three-bedroom residences from $2,850,000

<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/jasmin.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="348" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/jasmin.jpg?itok=ws88z1mn" width="580"></a>

Poised atop Hampton Hill, just one kilometre from the beach, Jasmin offers five high-end apartments amongst Melbourne’s iconic bayside beaches.

Designed by Taylor Pressly Architects, each apartment features three bedrooms, north-facing aspect and private outdoor area.  
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Developers Samuel Property and Bracken Hall have appointed Minicon to construct their latest Brighton project

Samuel Property appoints Minicon to build Willow Brighton

With many developments expected to reach completion over the coming year, Urban has decided to take a look at five&nbsp;soon-to-be-completed developments offered in&nbsp;Victoria.&nbsp;&nbsp;

1. <a href="/new-townhouses/addison-walk-williams-landing">Lincoln Apartments, Williams Landing</a> 
Address: 100 Overton Road, Williams Landing VIC 3027 
Two-bedroom apartments from $419,000

[smartcode_project:default project_id=27675]

<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/lincoln.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/lincoln.jpg?itok=ZUdEgOZp" width="580" /></a>

Set for completion late this year, Lincoln Apartments is located in the centre of the masterplanned community, Williams Landing. Delivered by Cedar Woods and designed by DKO Architecture, the residence features light-filled apartments with balconies, a rooftop garden and a residents&rsquo; gym.

Other offerings include views over the conservation reserve, pleasant greenery and parklands and transport connections.

Cedar Woods is offering investors $15,000 off on their apartment purchases within the project.

2. <a href="/buildings/the-terraces-at-minta-soldiers-road-berwick">The Terraces at Minta, Berwick</a> 
Address: Soldiers Road, Berwick VIC 3806 
Two-bedroom townhouses from $449,900

[smartcode_project:default project_id=27487]

<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/minta_townhome.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/minta_townhome.jpg?itok=Ia4t_Fbg" width="580" /></a>

With estimated completion just six months away, Stockland&rsquo;s recent project in Melbourne&rsquo;s south-east expects increased demand from first home buyers. With two-bedroom residences available from $449,900 and three-bedrooms from $529,900, townhomes in the project offer buyers excellent value for money.

Each of the double-storey homes include secure car garages, double glazing, high ceilings and garden landscaping, as well as open-plan living and dining and a fully-fenced garden patio.

3. <a href="/buildings/avenue-by-skelton-14-gleniffer-avenue-brighton-east">Avenue, Brighton East</a> 
Address: 14 Gleniffer Avenue, Brighton East VIC 3187 
Three-bedroom townhouses from $2,290,000

[smartcode_project:default project_id=29935]

<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/metr10298_gleniffer-avenue_e01_streetscape.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="290" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/metr10298_gleniffer-avenue_e01_streetscape.jpg?itok=BxXV_LQ6" width="580" /></a>

Brighton East&rsquo;s luxury townhome collection, Avenue, offers nine three-bedroom residences with Japanese and minimalist influence. Revealed in Avenue&rsquo;s latest construction update, which you can view <a href="https://www.youtube.com/watch?v=3PDXqOH-ya4">here</a>, potential buyers are now able to see the project&rsquo;s striking pitched roofs upon arrival to Gleniffer Avenue.

Delivered by SKELTON and designed by ADDARC and Jack Merlo, Avenue offers private balconies, ground-floor courtyards, cascading greenery and bespoke kitchens. Double glazing, custom bathroom cabinetry and 4.4-metre-high gabled windows also feature within these luxury homes.

4. <a href="/buildings/two51-on-swan-245-251-swan-street-richmond">TWO51 on Swan, Richmond</a> 
Address: 241-251 Swan Street, Richmond VIC 3121 
Two-bedroom apartments from $1,030,000

[smartcode_project:default project_id=3298]

<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/two51-on-swan-245-251-swan-street-richmond-4ec507e5809b1dc1253cc608479756d6.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="396" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/two51-on-swan-245-251-swan-street-richmond-4ec507e5809b1dc1253cc608479756d6.jpg?itok=gg8aYGEf" width="580" /></a>

Expected to reach completion in August, TWO51 on Swan offers the rare opportunity for half and full-floor penthouses in Melbourne&rsquo;s Richmond. Blueprint Projects&rsquo; development offers buyers two, three and four-bedroom configurations in the art deco-inspired building, designed by Watson Young Architects.

Other features include a grand lobby, open-plan layouts, and an expansive open-air &lsquo;winter garden&rsquo;, with integrated balustrades finished with stone, timber and metal textures.

5. <a href="/buildings/heirloom-doncaster-east-908-doncaster-road-doncaster-east">Heirloom, Doncaster East</a> 
Address: 908 Doncaster Road, Doncaster East VIC 3109 
Two-bedroom apartments from $659,000

[smartcode_project:default project_id=26614]

<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/heirloom.jpeg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/heirloom.jpeg?itok=7c-Ouo_h" width="580" /></a>

Heirloom, a collection of 16 homes in Doncaster East, will also reach completion this year, offering the latest features and modern conveniences to its residents. Designed by ClarkeHopkinsClarke as a vibrant mixed-use community, Heirloom draws inspiration from its location, with home-sized apartments and 1960s furniture pieces.

Delivered by Parkes Property, Heirloom features light-filled interiors, terraces&nbsp;and mini butler&rsquo;s pantries.

Urban takes a look at five new developments in Victoria that are expected to reach completion in the coming year. 

5 VIC residential developments completing construction in 2021

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The Australian Bureau of Statistics (ABS) released building approvals data for August 2014 earlier this month.
At a headline level, dwelling approvals were 3.0% higher over the month and are now 14.5% year on year. With 16,810 approvals over the month there is clearly a strong level of residential development activity with monthly approvals just -5.0% lower than their recent peak.
<img src="/images/2014/10/8/Chart-1.jpg" alt="">
Of the 16,810 dwelling approvals in recorded over the month of August, 9,401 were for houses and the remaining 7,409 were mulit-unit dwellings (typically apartments).
Over the month, house approvals fell by -1.4% while unit approvals rose by 9.2%. Year-on-year, house approvals are 12.6% higher while unit approvals are up 17.1%. 
As the chart above shows, the six month trend indicates a slowing of dwelling approval numbers and it also shows that monthly movements in unit approvals tend to be much more volatile. Also remember that a multi-unit development is more risky than developing a single house and ultimately less likely to ultimately be constructed.
<img src="/images/2014/10/8/Chart-2.jpg" alt="">
Focussing on dwelling approvals on an annual basis we have seen more house and unit approvals than ever before over the 12 months to August 2014. Over the 12 month period there were 197,571 dwelling approvals, of which 111,020 were for houses and 86,552 were units. The annual number of approvals has increased by 19.2% over the past year.
Although approvals have surged, as the chart shows it is largely due to a significant lift in unit approvals. Although the number of unit approvals over the past year was at a record high, house approvals are still -6.8% lower than their previous peak over the year to July 2010 and -21.2% lower than their all-time high of 140,832 over the year to April 1989.
Historically, units have been much less likely to move from approval to construction. Units also tend to be much more likely to be owned by investors than houses. 
With the Reserve Bank flagging that deliberations are ongoing into the introduction of macroprudential policies to slow the level of investor activity in the housing market, there is potentially an even bigger than normal risk that these units won't make it to completion.
<img src="/images/2014/10/8/Chart-3.jpg" alt="">
Across the combined capital cities, there was an all-time high of 147,122 dwellings approved for construction over the 12 months to August 2014. The number of capital city dwelling approvals has increased by 21.9% over the past year. 
Over the year there were, 71,662 approvals for houses and 75,460 unit approvals with house approvals up 20.6% and unit approvals 23.2% higher.
Much like the national results you can see that unit approvals are at their higher levels while house approvals are only just approaching their previous peak levels.
This article continues on the next page. Please click below.
<hr class="system-pagebreak">
 
 
<img src="/images/2014/10/8/Chart-4.jpg" alt="">
Across the individual capital cities, Brisbane has recorded the greatest increase in dwelling approvals over the year (41.8%) followed by: Perth (24.9%), Adelaide (24.0%) and Sydney (23.3%). Dwelling approvals are lower over the year in Darwin (-6.8%) and Canberra (-6.4%) while Melbourne (16.3%) and Hobart (19.4%) have recorded only moderate rises in dwelling approvals. 
Despite certain cities recording significant rises in dwelling approvals, Sydney and Melbourne have accounted for more than 57% of all capital city dwelling approvals over the past year. With 26,123 dwelling approvals over the past year, approvals in Perth are at a record high while Brisbane approvals are just shy of their record high.
<img src="/images/2014/10/8/Chart-5.jpg" alt="">
A key driver of the overall increase in dwelling approvals has been the rising prominence of the unit market. Over the past year, the increase in unit approvals has been greater than the increase in house approvals in Sydney, Brisbane, Adelaide and Perth.  Although unit approvals have recorded greater increases in these cities, there has been a substantial decline in unit approvals across Hobart and falls in both Darwin and Canberra.
<img src="/images/2014/10/8/Chart-6.jpg" alt="">
With more than half of all capital city dwelling approvals for units as opposed to houses, all individual capital cities except for Adelaide (31.8%), Perth (25.9%) and Hobart (7.0%) are seeing a majority of approvals for units. In Sydney, 67.7% of dwelling approvals were for units over the past year, elsewhere 53.0% were for units in Melbourne, 55.9% in Brisbane, 63.2% in Darwin and 57.9% in Canberra.
Sydney has consistently approved more units than houses since 1993 and Darwin has consistently approved more units than houses since 2003, while across the other cities it is a relatively new phenomenon.  
Melbourne has only been approving more units than houses since mid-2012, in Brisbane it has occurred since mid-2013 and in Canberra since mid-2010. Of course, there is an increasing level of demand for units, but particularly in Melbourne and Brisbane the number of units in the pipeline is largely untested in the market. 
Furthermore, units tend to be more appealing to the investor market rather than owner occupiers. While demand may currently be strong it remains to be seen whether there is enough investor demand to satisfy all of the supply in the pipeline.
Dwelling approvals remain at a very high level and with the rate of population growth slowing it is encouraging to see that supply is finally responding.  With their lower price point compared to houses and superior rental returns no doubt we are seeing a rising level of demand for units, particularly in inner city markets. 
Of course, the Reserve Bank of Australia has raised concerns about the level of investment lending which is most prominent for inner city units.
If controls are introduced to slow the level of investment there may be an adverse impact on demand and subsequently values of inner city units, particularly new inner city units which are a strong target from the investment segment of the market.
 
</body></html>

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