Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

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<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

Cube Developments

Cube and award-winning firm Cottee Parker architects have joined forces to introduce an unprecedented revolution in everyday living to the Sunshine Coast owner-occupier market.

Nestled in the rapidly growing suburb of Birtinya, Seasons Birtinya offers more than just apartments, with the project also delivering a suite of resort-inspired amenity.

Seasons aims to bring together the very best in design, innovation, and amenities to enable residents to lead a balanced life, with the development creating an opportunity for individuals to seamlessly transition between work, rest, and play within a single precinct.&nbsp;

[smartcode_project:default project_id=106957 project_image_fid=184874]

The business and wellness precinct revolves around the principles of rest and renewal, ensuring that residents can seamlessly carry out their daily routines and maintain their individual rhythms, all while knowing that everything they require is within reach, with the space including a fully equipped co-working space.&nbsp;

Fitness enthusiasts will be delighted with the state-of-the-art gym facilities, allowing them to pursue their health and wellness goals, while for those seeking relaxation, a private steam room and a timber sauna offer an escape from the stresses of daily life.

Residents will also be able to enjoy a lagoon pool and spa, in addition to a 25-metre lap pool, complete with dual lanes.

[smartcode_project:default project_id=106957 project_image_fid=184872]

Yoga enthusiasts will find solace in the dedicated studio, while a communal private dining area invites residents to gather and enjoy meals together.

Practicality is not overlooked at Seasons, with showers and toilet facilities available for residents' convenience. The indoor/outdoor lounge seamlessly merges the comfort of interior spaces with the tranquility of the outdoors.

The entire precinct is safeguarded by secure keycard entry, ensuring residents' peace of mind.

[smartcode_project_cta:default project_id=106957]

The business and wellness precinct revolves around the principles of rest and renewal



alisonwarters@gmail.com

Offering both work and play: Inside Cube's amenity-rich Seasons Birtinya

Leading Sunshine Coast developer Cube Developments has achieved a near $75 million sell-out across its Bokarina Beach project Oasis.

Positioned with ocean views on the last remaining beachfront location on Bokarina Beach, Oasis makes up a collection of 56&nbsp;apartments with amenities including a lap pool, open air resident dining, a gym, an outdoor beach shower and lush gardens.

The boutique project sold 70 per cent of residences prior to officially hitting the market, totalling close to $50 million within a week of its soft launch.

Just four apartments remain, including two penthouses that range from 191 sqm to 242 sqm, boasting secluded rooftop terraces and private plunge pools, starting from $3.5 million.

[smartcode_project:default project_id=106623 project_image_fid=200348]

Cube Developments Director Scott Juniper pointed out the region's notably high demand for prestigious properties, which is evident in the palpable desire among buyers. However, the limited supply of such properties is struggling to keep up with the demand.

“In a market where there is high demand for prestigious coastal homes, buyers are taking quick action to avoid missing out on the limited supply," Juniper said.

“Our sales team had 40 appointments booked on the first day of Oasis’ soft launch, 25 of which sold that very same day. There’s a strong sense of urgency among potential buyers, and we’ve observed a significant level of enthusiasm from people who want to secure a prime piece.

[smartcode_project:default project_id=106623 project_image_fid=200349]

“We’re delivering an exceptional project on one of the last remaining beachfront blocks on Bokarina Beach to offer an unparalleled lifestyle, and buyers responded well to this vision."

The majority of buyers being local residents and individuals from wider South East Queensland can be attributed to the area's beauty and rarity of properties like this one. This is due to the combination of its premium yet simplistic design and the incredible oceanfront location on Longboard Parade, which provides a unique vantage point.

Set across six levels, Oasis’ configuration maximises access to almost 180 degree ocean views stretching North from Point Cartwright all the way down to the Caloundra Headland.

Oasis is now over 92 per cent sold.&nbsp;Remaining apartments start from $1,650,000.

[smartcode_project_cta:default project_id=106623]

Sunshine Coast apartment demand boom sees Cube approach $75 million Oasis, Bokarina sellout

The leading Sunshine Coast developer, Cube Developments, has achieved a near sell-out success across two of its high-end projects totalling $128 million, as monumental demand for elevated beachfront living continues to sweep through the Sunshine Coast.

Oasis,&nbsp;Cube&#39;s most recent project, saw 70 per cent of residences sold prior to officially hitting the market within a week of its soft launch, totalling close to $50 million.

Oasis is made up of 56 apartments including a lap pool, open air resident&nbsp;dining, gym, outdoor beach shower and lush gardens.

<span id="m_-6939031011704653527m_-4775693149507451560gmail-m_-1572910256152369755gmail-m_6401858372977791536gmail-m_-3717924287056347961m_1034365043048103729gmail-docs-internal-guid-57a38108-7fff-23ea-718e-8948f3630a75">Cube Developments Director Scott Juniper said that buyers have recognised the limited supply of stock and are acting swiftly to avoid missing out.

[smartcode_project:default project_id=109813 project_image_fid=196624]

&ldquo;Our sales team had 40 appointments booked on the first day of Oasis&rsquo; soft launch, 25 of which sold that very same day,&quot; Juniper said.

&quot;There&rsquo;s been a sense of urgency and we&rsquo;ve certainly had people vying to get a piece of the action.

&ldquo;Buyers are largely locals and those from wider South East Queensland who understand the beauty of this area and the rarity in stock like this, both in its very premium yet simplistic design and the incredible oceanfront vantage on Longboard Walk.

&ldquo;Quietly tucked between Caloundra and Mooloolaba, this location offers connection to the best of the suburb and beyond.&quot;

[smartcode_project:default project_id=109813 project_image_fid=196622]

Positioned with uninterrupted ocean views on the last remaining beachfront location on Bokarina Beach, Oasis has two-bedroom apartments from $800,000 and three-bedroom apartments from $1 million.

The&nbsp;project also features two-level penthouses that boast secluded rooftop terraces and private plunge pools, starting from $3.2 million.

Juniper said they expected to be sold out within the week.

It comes at the same time that Cube has sold out its Nature by Cube project further up the road in Cotton Tree, with the 12 apartments selling for a combined value of $43 million, including its $7 million penthouse.

[smartcode_project:default project_id=89721 project_image_fid=172105]

&ldquo;Nature is an extremely exclusive project given the handful of residences on offer, and is unique to the coast from an architectural and materiality standpoint,&quot; Juniper added.

&quot;The sheer amount of amenity and meticulous attention to detail in the design of each home is what sets it apart in the market.

&ldquo;We want to deliver something that hasn&rsquo;t been experienced before here on the Sunshine Coast, to offer an unparalleled lifestyle, and buyers responded well to this vision.

&ldquo;The strong desire for prestige property is palpable in this region, it&rsquo;s a matter of supply struggling to keep up with demand.&quot;

[smartcode_project_cta: project_id=109813]

Cube Developments Director Scott Juniper said that buyers have recognised the limited supply of stock and are acting swiftly to avoid missing out


Cube Developments see soaring demand for high-end Sunshine Coast apartment developments

The Sunshine Coast&nbsp;developer Cube Developments has lodged plans for a $30 million residential community in Peregian Springs, which will be one of the last opportunities for freehold land in the coveted region.

The community, dubbed Lumeah, will see just 33 land lots released, ranging from 500s qm to 800 sqm.

The 2.79 hectare&nbsp;site on Pavilion Drive was originally pinned for 51 townhouses but instead, Cube is seeking to offer 33 exclusive land parcels.

The project, which has been lodged as a joint venture with Queensland builder McNab, will benefit from its position of being a short walk from the Peregian Springs Shopping Centre, beach and Surf Lifesaving Club and Peregian Beach Village, as well as being close by to well-regarded private and state schools.

Director of Cube Developments Scott Juniper said Lumeah has been designed to fit in with the existing style and feel of the surrounding streetscapes, with plenty of landscaping to its verges.

<a href="/developments/peregian-springs-qld-4573"><img alt="" height="822" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-02-24_at_4.35.33_pm.png" width="1288" /></a>

&ldquo;The site itself is just spectacular, it&rsquo;s nestled within the leafy and well-established community of Peregian Springs and is a stone&rsquo;s throw from some of the best beaches the Sunshine Coast has to offer,&rdquo; Juniper said.

&ldquo;Majority of blocks back onto scenic outlooks and provide unbelievable ocean views.&rdquo;

&ldquo;We made the call alongside McNab to reduce the density from the existing DA approval for 51 townhouses, as we feel as though 33 lots is more aligned with the surrounding residents and will give this estate a truly prized and intimate feel.&rdquo;

Peregian Springs is a small oceanside community just south of Noosa that boasts wide open greenspace, oceans and wildlife conservation sites.

Once approved, it will offer one of the last opportunities for freehold land in the coveted Peregian Springs region.



Cube lodge application for $30 million residential community in Peregian Springs

Demand has continued for the up-and-coming Sunshine Coast suburb of Birtinya, with Cube Developments announcing a sell out success of the first tower in its Seasons by Cube project, totalling over $40 million in sales.

Comprising 54 two and three-bedroom apartments, the first eight-storey tower was launched to market six months ago and has seen a diverse buyer mix, with first home purchasers, investors, downsizers and interstate buyers all moving quickly on the opportunity to purchase off the plan.

Over 30 per cent of the second tower has already been secured since its launch prior to Christmas.

[smartcode_project:default project_id=106957 project_image_fid=184864]

Director Scott Juniper noted the team have also seen a spike in local downsizers to the project.

&ldquo;Empty nesters from Buddina and the neighbouring area are capitalising on a market where they can sell their existing residence as a million dollar knockdown and opt for an oceanside apartment.

&ldquo;Three-bedroom units have been particularly popular in the most recent release due to being priced at under $750,000, making them appealing to this type of buyer.&rdquo;

[smartcode_project:default project_id=106957 project_image_fid=184867]

&ldquo;We&rsquo;ve also sold two of the three penthouses, one to a local buyer from the neighbouring area for $1.5 million, and given the expansiveness and inclusions of these modern residences, we expect the final penthouse to move quickly too.&rdquo;

Seasons&rsquo; Tower Two offers fewer apartments per floor to Tower One, including ground floor residences, while Tower One houses the elaborate suite of amenities including a fully equipped gym, yoga studio, spa and sauna on the ground level.

Upon completion, the Cottee Parker-designed project will make up around 148 apartments set over three eight-storey towers.

[smartcode_project_cta: project_id=106957]

Over 30 per cent of the second tower has already been secured since its launch prior to Christmas

Cube Developments sell out first tower in Sunshine Coast apartment development, Seasons Birtinya

Seasons Birtinya, on the Sunshine Coast, has proved to be popular with all demographics, as Cube, one of the area&#39;s most well-regarded developments, put together a development which was both design driven and price led.

Cube had their go-to architecture firm, Cottee Parker Architects, who have designed the developer&#39;s most high end stock in the area, create Seasons, with the overarching design principles to connect residents to the local community and to differentiate the design from its neighbours.

Priced from $499,000, the apartments have been a hit with first home buyers, local and interstate investors, as well as downsizers.

Urban recently spoke to Sandra Browne, director at Cottee Parker,&nbsp;to discuss the design ideas behind Seasons.

JR: What was the brief from Cube for Seasons? What were the key features that were essential?&nbsp;​

SB: The&nbsp;brief was to create a unique and elevated &#39;Work Rest Play&#39; environment in response to the post COVID lifestyle shift, with leading amenity for the Sunshine Coast.

JR: Was there a project that inspired you in the design?

SB: We&nbsp;initially&nbsp;drew inspiration from some&nbsp;inner-city&nbsp;Melbourne projects, and&nbsp;then evolved and adapted these to speak to the Sunshine Coast lifestyle -&nbsp;with a point of difference being an enormous amount of amenity to take advantage of the weather, the adventure and a&nbsp;sense&nbsp;of health and wellbeing.

[smartcode_project:default project_id=106957 project_image_fid=184863]

JR: What were the most important features of the site/location which influenced your design?

SB: Its position on Lake Ka​wana alongside the ocean&nbsp;and&nbsp;hinterland views - these factors heavily influenced the design and vision which ultimately&nbsp;culminated&nbsp;in in utilising lots of natural light and in building three individual towers with central cores.

[smartcode_project:default project_id=106957 project_image_fid=184864]

JR: What was the biggest challenge in the design of Seasons?

SB: The unique shape of the site and balance area left over from Stage 1&nbsp;proved a challenge when&nbsp;placing amenity destinations throughout the common areas.

JR: How do you approach designing a three-tower development?

We engaged Cottee Parker architects to ensure our building design captured all views on offer with lots of natural light as&nbsp;well as&nbsp;appealing to a variety of purchasers through the right apartment mix.

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JR: What part of the design are you most proud of/ most looking forward to seeing when the towers are completed?

SB: Looking forward to seeing the terrace apartments of Stage One as well as seeing the three apartment towers work together as an integrated precinct.

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Priced from $499,000, the apartments have been a hit with first home buyers, local and interstate investors, as well as downsizers.



How the Sunshine Coast apartment development, Seasons Birtinya, was designed: Five minutes with Cottee Parker's Sandra Browne

The Sunshine Coast developer, Cube Developments, has appointed National Construction Management to start building their luxury Maroochydore apartment development, Nature.

It will be NCM&#39;s third Cube build, following the now complete Curve Birtinya and the currently under construction Picasso apartment development in Mooloolaba.

Nature, located in the small waterfront suburb of Cotton Tree,&nbsp;was originally pinned for 13 opulent residences set over eight-storeys, but has dropped to 12 following a &lsquo;mega apartment&rsquo; amalgamation.

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To date, Nature by Cube has sold close to $39 million worth of apartments off-the-plan with all but one snapped up, including the sale of the enormous $7 million penthouse; a record price for the developer&rsquo;s portfolio.

Designed by Cottee Parker, Nature boasts a host&nbsp;resort-style amenities, including a 25-meter lap pool, gym, steam room and spa, yoga lawn, gardens, greenspaces and sun lounging areas - all programmed into a ground floor activity space.

Cube Development&rsquo;s Director Scott Juniper said it was a significant milestone to be starting construction, following the project&rsquo;s DA approval in July and the near sell-out success.

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&ldquo;Nature will be home to some of the most luxurious apartments the Sunshine Coast has seen and we believe NCM has the capabilities and track record to deliver on this, including the bespoke nature of these apartments following amalgamations and customisations.&rdquo;

Director at Cottee Parker, Sandra Browne, said the quality of architecture far exceeds what is offered in the surrounding market.

&ldquo;We wanted to deliver a product that stood out amongst the crowd in terms of amenity, as well as being of a higher architectural spec and with an unrivalled, premium aesthetic.

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&ldquo;The materiality of the building and the expansiveness of the open&nbsp;glass facade and viewing speaks to a quality of architecture that exceeds what is offered in the surrounding market,&rdquo; she said.

Construction on Nature by Cube is due to commence in the coming weeks and is scheduled to be complete by 2023.

One apartment remains for sale, priced from $3.5 million.

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Construction on Nature by Cube is due to commence in the coming weeks and is scheduled to be complete by 2023.



Cube to start building luxury Cotton Tree, Maroochydore apartment development, Nature

The prominent Sunshine Coast developer, Cube Developments, has bolstered its 2022 pipeline, securing four super lots in the growing Bir​tinya area.

The near 9,000 sqm Cardinal Place site will host up to 245 apartments, adding a further $100 million to Cube&#39;s Birtinya portfolio.

Cube Developments Director Scott Juniper said that he expected the new sites to relieve the pressure currently experienced in the Sunshine Coast housing market.

&ldquo;Our commitment to the Sunshine Coast is resolute and has culminated in a site where we can rapidly cater to the strong demand that we&rsquo;re experiencing,&rdquo; Juniper said.

&ldquo;For us, Birti​nya was the perfect location - it&rsquo;s one of the fastest growing suburbs on the coast and the site itself is nestled in the Birtinya Business Village, adjacent from the Town Centre and of course benefitting from stunning Lake Ka​wana with its waterfront vantage.

&ldquo;The property is just 20 minutes from Marooc​hydore and Cal​oundra, 30 minutes from the Sunshine Coast Airport and just over an hour to land you in Brisbane CBD.&rdquo;

Cube&#39;s already solid Birtinya portfolio includes&nbsp;Seasons by Birtinya, a three-tower, 146-apartment project in its second stage release.

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That&#39;s proved popular with&nbsp;first home buyers and investors, who were been attracted to&nbsp;the affordable $499,000 entry point for a two-bedroom apartment in the Cottee Park-designed development.

Juniper said there was significant interest due to&nbsp;the project&#39;s plethora of amenities and location.

&ldquo;We&rsquo;ve witnessed strong uptake from both first home buyers and investors who are drawn to Seasons&rsquo; amenities, which provides incredible value for money given the price point,&quot; Juniper says.

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&ldquo;All while being located in the heart of it all,&nbsp;Bir​tinya&nbsp;is really starting to come into its own; residents will enjoy waterfront vistas, beach access is just moments away and as it is a relatively new suburb, it has fantastic infrastructure to cater to demand.&rdquo;

Amenities include outdoor BBQ and gathering spaces, private dining room, lounging areas, sun decks, a 25-metre lap pool, fully equipped gym, yoga studio, spa and sauna.

Cube also has the&nbsp;50 sold-out lakeside residences at One Prosperity and the completed, 55-dwelling Curve project.

Cube has recently delivered Beach Life at Alexandra Headland project Beach Life, which settled at the start of this year, and its boutique Mooloolaba project Picasso is due for completion by mid next year.

Cube Developments Director Scott Juniper said that he expected the new sites to relieve the pressure currently experienced in the Sunshine Coast housing market

Cube Developments set for further Birtinya apartment development

The prominent Sunshine Coast developer, Cube Developments, has lodged plans for its latest apartment development.

They&#39;ll be creating Oasis Apartments, just 56 apartments across three buildings at Bokarina Beach, a site they acquired earlier in the year.

At the time of purchase, Cube Director Scott Juniper said the&nbsp;3,215 sqm block, located between Calounda and Mooloolaba and adjacent to&nbsp;Bokarina Beach, was earmarked for a six level apartment building of up to 75 apartments.

<a href="/new-apartments/oasis-apartments-bokarina-25-kombi-street-bokarina">To keep up to date with the development and its launch, enquire here</a>

But Juniper wanted to go the other way, planning something more boutique which would offer&nbsp;a point of difference to the other developments in the masterplan.

<img alt="" height="657" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/oasis_apartments_bokorina_3.jpg" width="1200" />

&quot;Three of the five sites nearby are under construction and are quite large scale, large built form projects, some with over 100 units,&quot; Juniper said, adding that those developments will have ground floor activation.

&quot;We&#39;re looking to go boutique, with larger format units, and really build to the strength of what&nbsp;Bokarina has become,&quot; Juniper said.

<a href="/new-apartments/oasis-apartments-bokarina-25-kombi-street-bokarina">To keep up to date with the development and its launch, enquire here</a>

They had local architect Cameron Sheedy put together the plans for the 56 apartments, a maximum of four apartments per level. Each building rises six storeys.

There are six two-level penthouses, each with at least three-bedrooms plus a multipurpose room. The biggest penthouse has four bedrooms. They range from 160 sqm to 242 sqm, and feature their own rooftop terraces with a private lap pool.

They had local architect Cameron Sheedy put together the plans for the 56 apartments.

Cube lodge $75 million plans for Oasis Apartments at Sunshine Coast's Bokarina Beach

A wave of local and interstate high-rollers have pinpointed the Sunshine Coast apartment market, with the local apartment developer, Cube Developments, seeing huge success at their&nbsp;Maroochydore apartment development, Nature by Cube.

Over three quarters of the luxury development has sold since it achieved development approval in August, totalling $32 million worth of sales to date.

Nature by Cube, on the dress circle The Esplanade,&nbsp;was pinned for 13 luxury apartments across eight-levels, crowned by an expansive 475 sqm penthouse.

But buyers have been keen on replicating the penthouse scale and level of luxury across the lower levels, combining two apartments to create the bigger space, with six bedrooms being combined.

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Cube Developments Director Scott Juniper says&nbsp;that buyers are moving to the area and are looking to maintain inner-city luxuries alongside a post-COVID lifestyle shift.

&ldquo;Buyers are seeking to achieve the best of both worlds - the open-air and relaxed lifestyle that the Sunshine Coast offers, coupled with a high-end home that is on par with their Brisbane,&nbsp;Sydney or Melbourne residence,&rdquo; Juniper said.

&ldquo;We&rsquo;re meeting the need with a flexible design and build model that is culminating in homes that are far from cookie cutter and truly bespoke; we&rsquo;re creating something that you&rsquo;ve never seen before.&rdquo;

The mega-apartments span full floors and will feature&nbsp;seven-metre frontage living with enormous semi-outdoor entertaining and kitchen spaces, as well as two dining areas, a private wine cellar, beverage service bar and multiple home offices.

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The penthouse was secured&nbsp;for nearly $7 million.

Architecture firm Cottee Parker designed the development, with Juniper&#39;s brief simple: &#39;We want the best the Sunshine Coast has ever seen.&#39;

Cottee Parker Director Sandra Browne said the expansive design of the sky home has been fashioned to retain waterfront views across the master bedroom and communal living spaces, with an architectural spec which has not yet been seen on the Sunshine Coast.

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&ldquo;This is the largest penthouse that we&rsquo;ve been part of creating in the area, and is within the top of Cottee Parker&rsquo;s national portfolio in terms of its sheer size,&rdquo; Browne said.

&ldquo;We have certainly taken advantage of this to capture the views - which are nothing short of spectacular, and maximise the frontage over the water.&quot;

Only three apartments at Nature by Cube remain, and are priced from $2.95 million.

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Nature by Cube was pinned for 13 luxury apartments across eight-levels, crowned by an expansive 475 sqm penthouse

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