Preliminary data by research giant Charter Keck Cramer reveals a 54 per cent decline in Build to Sell apartments across Australia's capital cities, while the Build to Rent boom continues with a 378 per cent increase over the last five years.

Charter Keck Cramer's upcoming National State of the Market Report - Key Metropolitan Areas, scheduled for release in September, will reveal&nbsp;a dramatic transformation in apartment supply patterns across Australia's capital cities between FY2016-2020 and FY2021-2025.

The Build to Sell (BTS) apartment sector has experienced a substantial contraction, with total supply falling by 54 per cent compared to the previous five-year period. The decline represents a reduction of 149,200 apartments across all capital cities.

<img alt="BTS Charter Keck Cramer" data-entity-type="file" data-entity-uuid="3db2ddf3-e7c0-481f-b8b9-63efb365cb80" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-20%20at%2011.26.34%E2%80%AFAM.png?VersionId=bsQl8inhZA7FeiPamnGvw1tse0obBdSd" />

Sydney led the downturn with a decrease of 73,600 apartments, followed by Melbourne (-42,800) and Brisbane (-26,800). Perth and Adelaide also recorded significant declines of 6,400 and 2,400 apartments respectively. Only Gold Coast and Canberra bucked the trend, with modest increases of 500 and 2,300 apartments.

In stark contrast, the Build to Rent (BTR) sector has emerged as a major force in the apartment market, recording a remarkable 378% increase in supply. This growth added 8,590 apartments across the capital cities during FY2021-2025. Melbourne dominated BTR growth with 6,160 additional apartments, while Sydney contributed 2,100 units. Brisbane and Canberra also recorded growth of 800 and 330 apartments respectively. Gold Coast and Perth recorded minor declines, while Adelaide maintained steady levels.

<img alt="BTR CKC" data-entity-type="file" data-entity-uuid="ca13ffd4-ab93-4828-afd2-4c3dccbd2b51" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-20%20at%2011.28.54%E2%80%AFAM.png?VersionId=SXNnpcJuFD36ViWOwF6izBBqcQc3NWao" />

“These preliminary findings indicate a fundamental shift in Australia's apartment development landscape, with traditional Build to Sell models giving way to institutional Build to Rent developments,” said Richard Temlett, Charter Keck Cramer’s National Executive Director of Research.

"This transition reflects changing investor preferences, regulatory environments and housing affordability challenges across major metropolitan areas.”

The complete Charter Keck Cramer National State of the Market Report – Key Metropolitan Areas will provide comprehensive analysis of these trends, their underlying drivers and implications for developers, investors and policymakers when released in September.

Joel Robinson

Build to Sell apartment supply drops 54% in five years across Australian capital cities

Verso Development Group is seeking to bring over 1,100 apartments to the heart of Brisbane's Toowong, with plans filed for a $1 billion, triple tower development known as Toowong Central.

The landmark urban regeneration project "aims to reshape the core of Brisbane’s inner-west riverside suburb."

Covering over 1.4-hectares across&nbsp;Sherwood Road, High Street, and Jephson Street, Toowong Central has been designed by KHA and will comprise three towers rising 49, 55, and 58 levels.

<img alt="Toowong Central" data-entity-type="file" data-entity-uuid="48611e3d-7123-4b99-b2cb-bfa4bc98024f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenities.png?VersionId=yKBexB.BgCkq4OET8fHDkWs0d3DjxOKJ" />

According to the Urban Context Report prepared by Urbis, Toowong Central is positioned as a “city-defining precinct reclaiming Toowong as ‘the best destination in the west’,” with a vision to deliver density differently, strengthen Toowong’s identity, and lead subtropical urban design.

There will be a wide range of apartment configurations, from one-bedrooms to five-bedroom penthouses, as well as short-term accomodation offerings. The design prioritises pedestrian permeability, with an activated public realm featuring a central civic plaza, laneways, and street-level retail and dining.

“The central square’s structure, programming, scale and location creates a social anchor - shaped by its edges, flexible for use, and animated by a diversity of experiences throughout the day and into the evening,” the Urban Context Report noted, reinforcing the project's ambition to become a vibrant community destination.

Design excellence was pursued through an international design competition, attracting entries from renowned practices such as UNStudio and BIG. KHA’s winning design distinguished itself with a ceremonial approach to the public realm, integrating terraces, tiered seating, and green infrastructure to promote social interaction and resilience.

The development builds upon two existing approvals: the 25- and 20-storey towers of the Aviary Toowong proposal, and a separate 25- and 24-storey approval at 88 Jephson Street. Consolidation of these fragmented landholdings under a precinct-wide approach allows for increased community value and cohesive urban integration.

Urbis Director Nicholas Stevenson said Toowong Central will bridge the gap in Toowong's current experience, unlocking the potential of the wider precinct.

"Overcoming experiential constraints and leveraging contextual advantages – Toowong Central will redefine Brisbane's inner west.”

<img alt="Toowong Central" data-entity-type="file" data-entity-uuid="73f7a702-625d-452d-9df2-30a0863ac1e8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/master.png?VersionId=TZdh6wxGC_8IIroXpdkZfuhlS8mFZnea" />

Toowong Central’s ambition extends beyond residential and commercial outcomes. Uses under consideration include a world-class hotel, university facilities, a museum, and health and wellness services, reflecting its role as a western gateway to Brisbane’s growing innovation corridor between the CBD and the University of Queensland.

Urbis Managing Partner James Tuma said Brisbane has no greater opportunity to showcase the future of urban living than Toowong – a sustainable, economically vibrant, and people-centric place that embodies the best of Brisbane.

[The plans] gives us a glimpse into our future as a globally relevant, youthful, entrepreneurial, and distinctly subtropical city.”

$1 billion Toowong Central to deliver 1,100 apartments to undersupplied Brisbane market

In <a href="https://www.apartments.com.au/developments/runaway-bay-qld-4216">Runaway Bay</a>, new townhouse-scale waterfront residences are rare - but ones built to the standards found on Sovereign Island are almost unheard of.

<a href="https://www.apartments.com.au/new-townhouses/ocean-suites-on-jennifer-10-12-jennifer-avenue-runaway-bay-qld-4216">Ocean Suites on Jennifer</a>&nbsp;changes that, delivering a calibre of construction and detailing that places its seven villas well above the typical market offering in this northern Gold Coast pocket.

Ocean Suites on Jennifer will be move-in ready before Christmas this year, giving buyers the chance to spend the summer on the water in one of Runaway Bay’s rare new waterfront residences.&nbsp;

[smartcode_project:default project_id=138718 project_image_fid=214444]

The development is a collaboration between <a href="https://www.apartments.com.au/architects/stuart-osman">Stuart Osman Design</a> and <a href="https://www.apartments.com.au/developers/sand-side-developments">Sand Side Developments</a>, with construction by <a href="https://www.apartments.com.au/builders/alroe-constructions">Alroe Constructions</a>.

Architect Stuart Osman says the intent from the outset was to create a home people would be drawn to. “When you build anything, the design is to make you want to go hang out in this house,” he says.&nbsp;

Ocean Suites on Jennifer’s design features a front façade softened with planter boxes, rear pool areas, and rooftop decks looking over the water.&nbsp;

Inside, voids and high skylights bring daylight deep into the centre of each home, while ceiling heights of 2.85 metres maintain a strong sense of volume.

Each four-level residence spans 345 to 388 sqm, with layouts accommodating multi-generational living - a ground-floor bedroom suite for older family members and upper levels for the rest of the household. A lift connects all floors.

[smartcode_project:default project_id=138718 project_image_fid=214435]

For Andrew Erwin, Director at NPA, the project’s appeal lies in both its location and the detail in execution.&nbsp;

"At Ocean Suites, you’ve got a canal-front setting with direct Broadwater access and a level of finish you’d normally only see in the city’s most prestigious addresses. The four-level layouts, the glass-framed living areas, the private pools, even the extended kitchens, every part of it has been designed with the buyer in mind,” he says.

Those buyers have so far been a mix of Gold Coast locals and interstate purchasers, many seeking a lock-up-and-leave holiday home or a downsized residence without sacrificing space for visiting family.&nbsp;

Older households with teenage children are a recurring profile, drawn to layouts that support multi-generational living and the ability to host extended stays.

[smartcode_project:default project_id=138718 project_image_fid=214432]

Material selection reinforces the project’s quality-first ethos, with every home appointed to a premium standard. Kitchens and ensuites feature engineered stone surfaces, complemented by prestige oak engineered timber floors, Victorian ash hardwood staircases, and soft loop-pile carpet.

Premium lighting, statement pendants, ceiling fans, and Fujitsu ducted air conditioning elevate both comfort and design. Each residence also includes a suite of high-end appliances as standard - Fisher &amp; Paykel integrated fridges, Bosch ovens, induction cooktops and dishwashers, Vintec wine fridges, and Franke sinks.

Beyond the interiors, residents enjoy an enviable lifestyle with rooftop terraces, private plunge pools, fire pit areas, outdoor showers, smart home automation, laundry chutes, and private pontoons.

[smartcode_project:default project_id=138718 project_image_fid=214452]

With no additional upgrade costs, Sand Side Developments underscores its no-shortcuts approach, delivering homes where luxury and amenity come as standard.

Osman adds that the kitchen has been designed as “the main hub of the house” with six metres high skylights above a galley-style layout that “makes it feel bigger, brighter, whiter” and “brings light into the centre of the home.”

Both architect and builder emphasise a shared commitment to delivering the intended design without compromise. “Working with Alroe’s structural team and their construction team, it’s been great to make sure that the look and feel that was originally intended is the result achieved at the end of the project,” Osman says.&nbsp;

[smartcode_project:default project_id=138718 project_image_fid=214453]

Outdoor living has been given equal consideration, with rooftop terraces designed for entertaining with a fire pit and bar, and spacious undercover patios featuring private plunge pools.

The marine access is as carefully executed as the homes themselves. An eight-metre gangway leads to a six-metre private pontoon capable of mooring vessels up to 30 feet, just 300 metres by water from the Broadwater.&nbsp;

Even the orientation of each villa has been optimised to capture long views down the canal, across the Broadwater, and south to Main Beach.

With construction in its final stages, just three of the seven villas remain, priced from $3.365 million to $3.695 million.

[smartcode_project_cta:default project_id=138718]

Sovereign Island standards come to Runaway Bay with Ocean Suites on Jennifer

Without local developer <a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a>, it could be argued that the small suburb of <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> would be left behind when it comes to both new housing and retail opportunities.

Gardner Vaughan, one of South East Queensland’s most reputable builder-developers, has been based in <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> for the last decade. They plan to maintain their presence in the northern <a href="https://www.apartments.com.au/developments/brisbane-qld">Brisbane</a> suburb, just seven kilometres from Brisbane Airport and nine kilometres from the city, with the development of <a href="https://www.apartments.com.au/new-apartments/danby-lane-nundah-village-5-danby-lane-nundah-qld-4012">Danby Lane</a>, the first major project in several years in the heart of the town centre.

GVG will retain one of the commercial spaces in the new mixed-use building for their office headquarters. It will be located in the commercial podium, alongside several other new office spaces. Below will be a street-level retail precinct designed to reinvigorate the local economy, and above, 84 brand-new apartments.

[smartcode_project:default project_id=112531 project_image_fid=320114]

Over 60 percent of the apartments have already been snapped up, with buyers eager to secure one of the rare new apartments in <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a>, as well as to benefit from Gardner Vaughan’s solid reputation and long-standing presence in the local community.

[smartcode_project:default project_id=112531 project_image_fid=320117]

Gardner Vaughan identified the site at the corner of Buckland Road and Danby Lane for its proximity to key amenities. Within 400 metres of the development, <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> Village offers a variety of cafes, restaurants, and pubs. <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> Train Station, just 400 metres away, provides a quick 20-minute train ride into Roma Street.

The development has also attracted young families, drawn to the proximity of not one, but twelve parks, with Boyd Park and Oxenham Park being the most notable. Established families have shown interest due to the close proximity of <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> State School and Mary MacKillop College.

The one- and two-bedroom apartments in the building have already been snapped up, while the larger three- and four-bedroom apartments—ranging from a generous 117 sqm to nearly 200 sqm—remain highly sought after. There are also just three exclusive luxury penthouses left to sell.

With its in-house construction capability, Gardner Vaughan has already commenced construction on-site and expects to complete the building by March 2027. It's hard to see another opportunity to buy brand new in <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a>, where creating a site anywhere near the scale of the Danby Lane is becoming more and more difficult.

[smartcode_project_cta:default project_id=112531]

Why Danby Lane is the focal point for change in Brisbane's Nundah

<a href="https://www.apartments.com.au/developers/metro-property-group">Metro Property Group</a>’s flagship townhouse development, Citrine Townhomes in <a href="https://www.apartments.com.au/developments/rochedale-qld-4123">Rochedale</a>, has reached another key construction milestone, with the first stage of townhouses now in the defects phase.

All building works for Stage 1 are complete, with the internal roads asphalted, line marking finished, and the bin store slab poured.&nbsp;All essential services, including permanent power, sewer, gas, and water, are now connected and operational.

The defects process is expected to continue until late-August.

<img alt="Citrine Townhomes, Rochedale" data-entity-type="file" data-entity-uuid="f48ad1d8-7bb2-424a-a378-2caa4d34c27d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/017%20-%20%20ROLLEY%20PHOTO%20MEDIA%20%20%20-24072025.jpg?VersionId=o5BC3LgYTwxcufsjldO8mkPww3gix1NC" />

Stage 2 is also moving forward steadily, with all townhouses sheeted, the first coat of paint applied, and joinery installed throughout. Tiling has been completed on six of the seven blocks, and the pool is scheduled to be pebblecreted by the end of August.

Stage 3 continues to gather momentum, with external cladding completed on three of the eight blocks. All townhouses have been fully roughed-in for electrical, plumbing, and air conditioning, and the first two blocks have now progressed to internal sheeting.

Stage 1 and 2 are 100 per cent sold and there are now just 10 four-bedroom townhomes left in Stage 3, priced from $1,125,000.

[smartcode_project:default project_id=136295 project_image_fid=211]

Residents at <a href="https://www.apartments.com.au/new-townhouses/citrine-townhomes-rochedale-311-gardner-road-rochedale-qld-4123">Citrine Townhomes</a> can also look forward to high-quality shared amenities. The residents' facility will feature a pool, landscaped areas, and a BBQ space, contributing to a lifestyle-focused community environment.

Metro’s fully furnished display home has generated strong interest locally, reinforcing the market’s confidence in the project. Stage 1 and 2 are completely sold out and Stage 3 has officially launched and is selling fast. Just 10 townhouses remain for sale in the development.

[smartcode_project:default project_id=136295 project_image_fid=273134]

The broader Citrine development comprises 90 three and four-bedroom townhomes designed across two to three levels, offering a contemporary contrast to Rochedale’s surrounding single-family homes.

Located just 17 km from Brisbane CBD, Citrine is within walking distance to schools, parks, and the popular Rochedale Village, home to Coles, medical services, and dining options.

Metro Property Group remains on track for project completion, with settlements forecast for Stage 1 in October/November 2025, Stage 2 in November/December 2025, and Stage 3 in January/February 2026.

[smartcode_project_cta:default project_id=136295]

First stage of townhouses at Citrine Rochedale reaches completion milestone

Fitzroy

The Fitzroy development George Street, conceived by developer Ben White and award-winning architecture firm Bergman &amp; Co., is set to welcome residents by Q3 2023.

Location is key at George Street, which is located within walking distance of Brunswick Street, Smith Street, and Johnston Street.

Residents will find themselves surrounded by an abundance of amenities, including trendy cafes, boutique shops, and vibrant entertainment venues.

[smartcode_project:default project_id=8068 project_image_fid=167333]

Fitzroy itself is bursting at the seams with culture, character, and creativity. Known as Melbourne's artistic hub, it offers a thriving arts scene, an eclectic mix of galleries, and a diverse range of cultural experiences.

What sets George Street Apartments apart is its exclusivity. The boutique development comprises just 15 apartments, ensuring a sense of privacy and an intimate community atmosphere

The thoughtfully designed apartments offer generous open-plan living spaces, with each apartment crafted with deep timber accents and warm grey cabinetry.

[smartcode_project:default project_id=8068 project_image_fid=169724]

The kitchens feature&nbsp;monolithic terrazzo island bench, which takes centre stage of every apartment, coupled with&nbsp;top-of-the-line V-ZUG Swiss appliances.&nbsp;

The remaining apartments include two and three-bedroom floorplans, spanning from&nbsp;145 sqm through to&nbsp;184 sqm.&nbsp;

Each apartment features one car space and two-bathrooms, with prices starting from&nbsp;$1.49 million for a three-bedder.&nbsp;

[smartcode_project_cta:default project_id=8068]

Location is key at George Street, which is located within walking distance of Brunswick Street, Smith Street, and Johnston Street

alisonwarters@gmail.com

Fitzroy's George Street apartment development to welcome buyers in August

In the vibrant neighbourhood of Fitzroy, a new development is set to stand tall, designed to reflect the character of the area.

Jarrah Property are behind&nbsp;82 Westgarth Street, which will comprise a collection of 18 apartments and just two townhouses, seamlessly combining sustainability and luxury design.

The group recently released the final two residences in the development, with one three-bedroom sub penthouses, along with one three-bedroom penthouse.&nbsp;

[smartcode_project:default project_id=27897 project_image_fid=172203]

The sub penthouse will provide unobstructed northerly aspects, along with off-street parking for two vehicles, while the penthouse will deliver CBD-facing vistas, along with two car spaces.&nbsp;

The creative minds behind this architectural masterpiece are none other than Walter&amp;Walter, led by&nbsp;Andrew and Michelle Walter,&nbsp;who approached the project with an understanding of the relationships between tradition, culture, sustainability, and context.

"It’s about taking your time to design a thoughtful and considered piece of architecture. This project is going beyond the functional and sustainability beneﬁts to create a place people will enjoy inhabiting on both a pragmatic and emotional level," said Walter.

Each of the apartments and townhouses offer the same level of high-quality finishes and attention to detail, combining a blend of form and function, with two distinct colour schemes, dark and light, donning the interiors.

[smartcode_project:default project_id=27897 project_image_fid=172205]

82 Westgarth Street boasts a 7-star NatHERS rating, with 100 per cent cross ventilation achieved across each residences, along with a net-zero carbon rating.

Achieving cross flow ventilation is made possible through an innovative design choice - an open-air internal laneway that acts as the corridor connecting each apartment. This feature not only enhances the aesthetic appeal but also serves a practical purpose. On hotter days, it facilitates the cooling of indoor spaces, while at all times, it allows fresh air to circulate efficiently, filling each home with a refreshing ambiance.

Completion on the Fitzroy project is slated for completion in the coming months, with Castran marketing the development.

[smartcode_project_cta:default project_id=27897]

Final release penthouses at 82 Westgarth Street

New Melbourne developer JMSN has lodged plans for its first residential apartment development in the heart of Fitzroy.

JMSN, led by Sam Jamieson, is seeking to develop a six-level building at 227 Napier Street, Fitzroy, a 394 sqm site which they acquired mid-last year.

The plans are for just 10 apartments, four two-bedroom units and six three-bedders, with internal living spaces ranging from around 120 sqm to the 205 sqm whole floor penthouse, which has has two living areas, two balconies, and a private roof terrace.

<a href="/architects/warren-and-mahoney">Warren &amp; Mahoney</a>, who are well known for their interpretation of designs with a heritage element, have handled the architecture, noting the project vision is supported by a high quality architectural design response that will see the development fit within its context - neighboured by highly praised and awarded multi-residential developments.

"JMSN is heavily influenced by European heritage architecture and global street culture - delivering a residential building that takes influence from the area’s hospitality and retail offering while also paying tribute to beautiful heritage homes and materiality," Warren &amp; Mahoney noted in the Urban Context Report submitted to the Yarra City Council.

To be alerted when 227 Napier Street hits sales, <a href="/new-apartments/ns227-fitzroy-227-napier-street-fitzroy">enquire here</a>.

<a data-entity-type="file" data-entity-uuid="ec9b9748-b543-433f-9967-369a581a3338" href="/new-apartments/ns227-fitzroy-227-napier-street-fitzroy"><img alt="227 Napier Street" data-entity-type="file" data-entity-uuid="ec9b9748-b543-433f-9967-369a581a3338" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-11%20at%209.38.54%20am.png?VersionId=zLTt57Bx6cAbwu4.JTtQBPeY4E2mimsO" /></a>

"227 Napier Street is in the heart of Melbourne’s coolest suburb - Fitzroy - and is surrounded by other award-winning and highly revered multi-residential developments."

Milieu's 231 Napier Street and Whitlam Place are just a few doors down, as is Dealcorp's CF Row, designed by Woods Bagot.&nbsp;

"The development will be a good neighbour," the architecture firm suggested.

"A good neighbour to its context in that it respects the architecture that is already there; in that it reflects the historical development of the area; in that it seeks to provide cohesion between the buildings already on the block; and in that it provides high quality and higher density living option for Fitzroy residents. It is a building that you want to be in your community; it’s a good neighbour."

The project will feature a large light well, another nod to neighbouring buildings. The large void will create a large courtyard in the middle of the building to ensure apartments get good access to natural light.

"The building seeks to be timeless - built with natural materials and a formality that doesn’t date, as if it has always been there."

The building will sit less than 200 metres from tram stops for the 11 and 86 lines, while bicycle routes line Napier and Brunswick streets.

To be alerted when 227 Napier Street hits sales, <a href="/new-apartments/ns227-fitzroy-227-napier-street-fitzroy">enquire here</a>.

<a data-entity-type="file" data-entity-uuid="f1ce00e7-8cd3-4b9f-9329-72ed47aa46a3" href="/new-apartments/ns227-fitzroy-227-napier-street-fitzroy"><img alt="227 Napier Street" data-entity-type="file" data-entity-uuid="f1ce00e7-8cd3-4b9f-9329-72ed47aa46a3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-11%20at%209.44.21%20am.png?VersionId=wL3HBJumHgWI0pnED7LDN1ta.RH_D0Cy" /></a>

There was a pre-application meeting held in October, with planning consultant Tract noting the comments in the meeting were&nbsp;overwhelmingly positive, particularly in regard to the high level of internal amenity afforded through generous voids and lights courts, and the considered response to massing and articulation of form in response to adjoining buildings.

"The development plans were subsequently refined with a focus on the interface of the building with Napier Street and as guided by consultant input in relation to ESD, waste, traffic, heritage, landscape, wind and acoustic considerations," Tract's planning report read.

When securing the site last year, Sam Jamieson said that "securing the A-grade site in a suppressed market, coupled with a market wide undersupply of apartment developments, gives them supreme confidence in this investment opportunity.

"You&nbsp;only have to look at the success of the neighbouring multi-award-winning developments to see the great results so far," Jamieson said. 
 
"We look forward to sharing the JMSN vision and executing a boutique residential apartment development that will align with the community and stand the test of time."

Fitzroy has been a popular spot for larger, owner-occupier focused apartments in recent years.

Veteran Melbourne developer Piccolo has just launched <a href="/new-apartments/a-piccolo-house-gore-st-fitzroy-385-gore-street-fitzroy">A Piccolo House</a> on Gore Street, while Pace, who are developing The Darley on Flemington Racecourse, will launch their heritage-focused Fabbrica later this year.

JMSN, led by Sam Jamieson, is seeking to develop a six-level building at 227 Napier Street, Fitzroy, a 394 sqm site which they acquired mid-last year

First look exclusive: JMSN file plans for first apartment development in Fitzroy

A decade on from their award-winning Garden House development adjoining Carlton Gardens, Melbourne apartment developer Piccolo has again teamed up with Woods Bagot and Hecker Guthrie to create A Piccolo House, a boutique apartment project in the heart of Fitzroy.

The 385 Gore Street project, which has just been launched through Three Sixty° Property Group, will comprise just 49 two and three-bedroom apartments. Woods Bagot took cues from Fitzroy's historic Victorian architecture when designing A Piccolo House, with slimline masonry brick and pigmented red oxide concrete on the lower levels contrasting a natural concrete frame for the upper levels.&nbsp;The façade will also display the same signature corbel detailing as the surrounding Victorian terraces.

There are 26 two-bedroom apartments on offer, starting from $1.5 million, and 23 three-bedroom units which range in price from $2.5 million to the $7 million penthouse with 350 sqm of indoor and outdoor living space. Residents will have access to a secret garden within the project, as well as a guest suite, communal dining room, and workshop space.

&nbsp;

[smartcode_project:default project_id=134287 project_image_fid=211712]

Piccolo Managing Director Michael Piccolo said the 2000 sqm site, and its location, was impossible to overlook. He knew it could accomodate a collection of generously-sized apartments, catering for downsizers who wanted to live nearer the city without compromising on space.

“The design was driven by the people that will live in and around 385 Gore Street," Piccolo said.

"We started by thinking about the lifestyle of the people in the area, and what they want out of their home, and then the rest of the design naturally evolved from that point.

“We want 385 Gore Street to enrich the lives of our residents and add value to the neighbourhood of Fitzroy.”

&nbsp;

[smartcode_project:default project_id=134287 project_image_fid=211715]

The property is located in a discreet, picturesque pocket of Fitzroy, on a wide, tree-lined street comprising nineteenth-century red-brick heritage buildings.

Gore Street is within 400 metres of the popular Smith, Johnston and Brunswick streets, and a short distance from tram networks.

Peter Miglis, Principal at Woods Bagot, said within the particualr pocket of Fitzroy the project resides, the traditional converses with the contemporary.

"We see 385 Gore Street as an amalgamation of both elements," Miglis said.

“It’s surrounded by quite an eclectic combination of spaces – industrial buildings, Victorian terrace homes, local cafes and restaurants and stunning tree-lined streets."

A large part of the project is the extensive landscaping by Acre.

Acre Creative Director Brett Robinson said the&nbsp;eclectic combination of plants will bring a remarkable seasonality to the building and link the site beautifully to its context.

“Some plants will lose their leaves and flower periodically, whereas others will remain full- bodied and evergreen; some plants will climb the brickwork, and others will drape from the balconies," Robinson says.

"385 Gore Street will be like a garden – unique, vibrant and full of variety – and each home will be a living thing that exists as part of a broader ecosystem.”

A north-south laneway will split the building into two volumes and provide a secondary connection to Gore Street, and a lobby enveloped on all sides by a secluded ‘secret garden’. Arriving at the building will mimic the experience of stepping into the private garden or courtyard.

&nbsp;

[smartcode_project:default project_id=134287 project_image_fid=211716]

“When entering via the main or guest entrance, residents and visitors will be led up a private pathway and into a courtyard, where they will be greeted by an oasis of greenery," Robinson says.

"This stylised wilderness will emulate the look and feel of a forest, creating a seamless transition between the public and private realms and an immersive arrival experience."

Each apartment features a natural colour palette and robust materials,&nbsp;including oak floorboards, brushed nickel tapware, terrazzo benchtops, hot rolled steel joinery and porcelain mosaic tiles.

Stacey Van Harn, Director at Hecker Guthrie, says the materials and finishes were one of the most interrogated parts of the interior design.

"Throughout the design process, we leant towards honest materiality, selecting organic, high-quality materials like terrazzo, steel and timber that are practical, durable and develop a beautiful natural patina as they age," Van Harn says.

"By incorporating the earthy natural tones of highly tactile materials, we can capture the gritty nature of Fitzroy whilst bringing an element of refinement and finesse that befits a luxury home.”

The kitchens feature&nbsp;top-of-the-range appliances from Gaggenau and Whispair, and a butler’s pantry for extra working space and storage.

[smartcode_project:default project_id=134287 project_image_fid=211714]

The main living areas include a cosy study nook to accommodate work-from-home arrangements, and the master bedroom features an ensuite with a deep shower and large undermount bathtub.

&nbsp;

&nbsp;

“We’ve tried to think beyond just beauty and utility, considering what kind of experiences people want to have in every part of the home," Van Harn added.

"In the bathroom, for example, we have used generous, monolithic sculptural forms and terrazzo flooring, vanities and undermount bathtubs to promote wellness, tranquillity and rejuvenation."

Completion of the project is slated for May 2025.&nbsp;

The family-owned Piccolo has been developing multi-residential projects across Melbourne for the last 50 years. They've previously created multi-res developments Fitzroy House and Elwood House, both of which won a number of awards.

[smartcode_project_cta:default project_id=134287]

Piccolo Managing Director Michael Piccolo said the 2000 sqm site, and its location, was impossible to overlook



Piccolo, Woods Bagot, Hecker Guthrie team up again for Fitzroy's A Piccolo House apartment project

The vibrant and funky Fitzroy is set for its next apartment development.

Boutique property developers Urban have launched their latest project, 25 Smith, with the project only growing the group’s already substantial portfolio across Melbourne’s inner-city.&nbsp;

The group began as a collaboration between colleagues Bart O’Callahan and Tony Suttle and now includes a hand-picked specialist team of property-focused staff across both Melbourne and Sydney.

[smartcode_project:default project_id=110364 project_image_fid=206620]

Just 23 apartments will be delivered across the aptly named project at 25 Smith Street, with Urban engaging experienced construction firm Hamilton Marino to build the $44 million development.

The building’s durable materials, flexible spaces, and extensive landscaping all contribute to the ongoing transformation of the precinct’s industrial past to one of Melbourne’s most liveable suburbs.

In collaboration with Clare Cousins Architects, 25 Smith will present a mix of two and three-bedroom apartments, designed to suit the local down-sizer and owner-occupier market, spanning from 91 sqm to 390 sqm.&nbsp;

Just 18 of the apartments have launched to market, with the opportunity remaining for buyers to amalgamate residences to create two additional full-floor apartments.&nbsp;

“Natural stone, textured timbers and warm colours have been selected throughout the interiors which embody a sense of timelessness and calm, acting as a backdrop to the individuality of daily life,” Urban say.&nbsp;

[smartcode_project:default project_id=110364 project_image_fid=206618]

“Room to breathe and an abundance of natural light, allow the restrained sophistication of these spaces to shine through, featuring subtly contrasting textures and superb, high-quality finishes.”

The community will be connected through shared spaces, providing both indoor and outdoor opportunities for gathering and wellness.

A residence-only "Wellness Zone" is set to include an Infra-red sauna and plunge pool, while the ground floor retail space will further integrate the building into the fabric of Fitzroy.

[smartcode_project:default project_id=110364 project_image_fid=206617]

Solar power generation and electric vehicle charging will also be on offer across the development, coupled with the abolishment of gas and high-quality water-sensitive fixtures, all helping to provide a responsible and future-focused home at 25 Smith.

Completion on the project is slated for the end of 2024.

[smartcode_project_cta:default project_id=110364]

Just 23 apartments will be delivered across the aptly named project at 25 Smith Street.

25 Smith launches in Melbourne's inner city hotspot Fitzroy

A new boutique apartment development has been approved for Fitzroy.&nbsp;

Melbourne developers Urban, headed by directors Bart Callaghan and Tony Suttle, submitted the plans for the 23 apartment project at 25 Smith Street, which has been designed by Clare Cousins Architects.&nbsp;

<a data-entity-type="file" data-entity-uuid="d1b2e71f-4084-4e6e-945b-45aa0e605daa" href="/new-apartments/25-smith-street-fitzroy-25-smith-street-fitzroy"><img alt="Render of the Smiths Street development." data-entity-type="file" data-entity-uuid="d1b2e71f-4084-4e6e-945b-45aa0e605daa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-09-06%20at%2011.45.11%20am.png?VersionId=kd5lbogwSMGJ1h.tyfUH9b.K0LTXWI.T" /></a>Render of the planned Smith Street development.&nbsp;Clare Cousins Architects

Clare Cousins Architects was recently awarded 'The Premier Award for Interior Design' by the Australian Interior Design Awards (AIDA) and has previously designed retail stores for Aesop around the globe. The 25 Smith Street site was actually previously the Aesop headquarters, which Cousins designed some 18 years ago.

18 of the apartments will be taken to market, with the generous-sized residences a unique offering due to the designers working collaboratively alongside purchasers, from inception to completion, to ensure the homes are purpose built.&nbsp;

Five two-bedroom apartments will be delivered across the project, along with 13 three-bedroom apartments, including one penthouse and two full-floor apartments.&nbsp;

There is also further opportunity for buyers to combine apartments, creating two more full-floor apartments.&nbsp;

The $44 million project’s prices begin from $890,000 through to $6,000,000, spanning from 91 sqm to 390 sqm.&nbsp;

The group is targeting the local down-sizer and owner-occupier market, having recently completed the nearby Collingwood project, C&amp;L, which was welcomed by a similar demographic.

<a data-entity-type="file" data-entity-uuid="58bbcfaa-f567-45c7-97aa-790b1e95eaa5" href="/new-apartments/25-smith-street-fitzroy-25-smith-street-fitzroy"><img alt="Render of the Smiths Street development." data-entity-type="file" data-entity-uuid="58bbcfaa-f567-45c7-97aa-790b1e95eaa5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-15%20at%202.39.24%20pm.png?VersionId=FiFt_W.JQP.MTXcndxNlniyVzRu08oH0" /></a>Render of the planned Smith Street development. Credit&nbsp;Clare Cousins Architects

The building features a sculptural precast concrete exposed aggregate form, with each residence focusing on providing ample natural light and cross ventilation, while solar panels have been added to the rooftop to further reduce the energy requirements of the property.&nbsp;

The eight-storey building also offers views that cannot be built out, to the Dandenong Ranges in the east as well as the Melbourne city skyline to the west.

Situated on Little Victoria Street’s northwest corner, the development enjoys an enviable position that also fronts Little Smith Street, with residents enjoying the amenities of Smith Street, along with the parks and green spaces of East Melbourne.&nbsp;

The Fitzroy area is also abundant with boutique galleries and health studios, with Gertrude Street boasting some of the city's finest dining options, with Marion Wine Bar, Cutler &amp; Co, and Tamura Sake Bar, all within 800 metres of the CBD.

Urban plans to begin the first stages of construction on the project by the end of the year.&nbsp;

The group began as a collaboration between the Directors, evolving to include a hand-picked specialist team of property-focused staff in Melbourne.

Since its inception in 2009, the team has successfully developed and delivered more than $2 billion worth of residential, commercial, retail, industrial and master-planned projects.

<a data-entity-type="file" data-entity-uuid="363564ff-b257-4541-8e4b-6596cb07df85" href="/new-apartments/25-smith-street-fitzroy-25-smith-street-fitzroy"><img alt="Render of the Smiths Street development." data-entity-type="file" data-entity-uuid="363564ff-b257-4541-8e4b-6596cb07df85" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-09-06%20at%2011.47.08%20am.png?VersionId=FzQ3wNRrCgQD9l71VBNRpHJ3WSzOvBzX" /></a>

[smartcode_project_cta:default project_id=110364]

Five two-bedroom apartments will be delivered across the project, along with 13 three-bedroom apartments, including one penthouse and two full-floor apartments. 

Apartments approved for Fitzroy's 25 Smith Street

The design driven inner city Melbourne developer, Neometro, has secured a site in Fitzroy for a new residential project.

As one of the last remaining development sites in Melbourne&rsquo;s Fitzroy, Neometro paid more than $9.3 million for the 450 Gore Street site, after having recently snapped up a St Kilda site for almost $22 million, which has a lease to Fitness First until 2024.

Fitzroy&rsquo;s Chris James and Chris Kombi sold 450 Gore Street, at the corner of Leicester Street on behalf of a private family, attracting strong interest from buyers, with the campaign generating more than 130 enquiries.

Chris James said they had seen prudent, highly qualified developers compete strongly for the few recent offerings in the area and as expected, 450 Gore St was no different.

&ldquo;Developers looked past inflationary pressures and growing construction costs, recognising this was an unrivalled opportunity to deliver a project in the heart of one of Australia&rsquo;s most liveable locations,&rdquo; James said.

&ldquo;Inner-city locations with excellent lifestyle qualities are particularly popular with Melburnians as flexible working arrangements become commonplace. The market&rsquo;s seen overwhelming evidence for demand in the immediate area across multiple projects.&rdquo;

The significant triple-fronted 900 sqm site is located on the tree-lined Gore Street, just behind the buzzing Smith Street, which was named the coolest street in the world by Time Out.

Fitzroy itself has recently ranked as Melbourne&rsquo;s most liveable suburb by CoreLogic, taking into consideration the abundant and accessible park, health, shopping, public transport and educational amenity.

Sitting within the Fitzroy East and Johnston Street North planning precinct, the site has favourable Mixed-Use zoning, which promotes significant density and development.

Kombi commented on the site&rsquo;s walkability, sitting within walking distance to every possible amenity, including parks, public transport, renowned bars and eateries, as well as Fitzroy swimming pool.

Along with Smith Street, the site is also close by to the Brunswick Street and Johnston Street precincts, as well as the iconic Edinburgh Gardens, and just 1.5 kilometres from the Melbourne CBD.

Neometro&rsquo;s project will be the latest development in Fitzroy, which attracts local, interstate and international guests to the precinct given its world-class offering of retailers, restaurant, cafes and bars.

The suburb is soon to be home to boutique hotel group, The Standard nearby on Rose Street, where a 126-room hotel is set to be opened in 2023.

Piccolo has recently been granted a permit for their $120 million apartment project at 385 Gore Street and sold out its 71-75 Argyle Street project, while the Victorian Government is redeveloping the Fitzroy Gasworks site into a new residential, sports and community precinct.

Nearby is also the rapidly developing Collingwood office market with multiple projects recently completed and underway, including the $111 million Aesop headquarters by Impact Investment Group, global investment group Hines&rsquo; $200 million timber tower, and projects at 51 Langridge Street and 71 Gipps Street.

[smartcode_project_cta: project_id=114139]

The campaign generated more than 130 enquiries with multiple qualified underbidders competing for the property, with high-end boutique developers, Neometro snapping up the site for $9,305,500.



Neometro add Gore Street, Fitzroy site to residential apartment development pipeline

Even before its recent launch to the market, the new Fitzroy apartment development by the&nbsp;local Melbourne developer Outline Projects&nbsp;was a hit with the architecture community.

&quot;We had a number of early enquiries on the apartments from architects and designers given the following Freedman White has,&quot; Outline Projects Sales and Marketing Director Tom Aylward told Urban.

Aylward said when the site was acquired at 131 Smith Street, they said to themselves &quot;who is the best architect for the area and&nbsp;who interprets the Fitzroy lifestyle drivers the best?&quot;

[smartcode_project:default project_id=110365 project_image_fid=197936]

The design-driven developer&nbsp;has a solid reputation for producing striking projects in Fitzroy following their seven townhouses nearby at 44-46 Greeves Street, which were recently nominated for an award in the multiple housing category in the Australian Institute of Architects Architecture Awards for Victoria.

They knew Freedman White would fit their brief: to not create just another cookie-cutter development, and design something that is more a tune to the story of the area.

&quot;We were conscious of the enduring outcome of this site, sitting between two beautiful heritage buildings, so we felt a key outcome was to add to that streetscape and create something that would sit equally among it,&quot; Aylward added.

[smartcode_project:default project_id=110365 project_image_fid=197938]

The first street level facade is in keeping with the surroundings. There&#39;s a more contemporary build set back from the street, which will home the majority of the two and three-bedroom apartments.

There will be ground floor commercial on Smith Street, while residents will be afforded entry to the building both from Smith Street and one from Little Smith Street. Aylward expects the&nbsp;latter to be used the most frequently by owner-occupiers.

[smartcode_project:default project_id=110365 project_image_fid=197935]

&quot;They can enter and exit off the quieter Little Smith St and be a 150m walk to&nbsp;Gertrude Street,&quot; Aylward said.

There&#39;s extensive views on offer, and the sought-after western aspect, with views over Gore Street and Napier, which will never-to-be-built-out, given the heritage overlay, and therefore height control, of the area.

The focus for Outline was on the owner-occupier.

[smartcode_project:default project_id=110365 project_image_fid=197946]

The one-bedroom apartments start from a generous 64 sqm of internal living space, and have their own study area. Aylward expects to net a lot of first home buyers and investors interested in the one-bedroom stock, with owner-occupiers, rightsizers, and downsizers looking at the two and three-bedroom apartments.

There&#39;s already been enquiry come from Collingwood and Fitzroy.

[smartcode_project:default project_id=110365 project_image_fid=197944]

&quot;It&#39;s hard to get anyone out of Fitzroy once they&#39;ve lived in the area,&quot; Aylward says, due to its doorstep convenience, buzz of Smith Street bars, cafes and restaurants, and its extensive tram network to the city.

[smartcode_project_cta: project_id=110365]

The design-driven developer have a solid reputation for producing striking projects in Fitzroy following their seven townhouses nearby at 44-46 Greeves Street

Outline Projects launch 131 Smith Street, Fitzroy apartments

The former Fitzroy Gasworks site, one of the most prominent sites in the East Melbourne suburb, is set to become a huge new precinct.

The Andrews&nbsp;Labor Government is turning the former Fitzroy Gasworks site at&nbsp;433 Smith Street, Fitzroy North, into a new precinct, with more than 1,000 apartments, a sports centre, a community facility, underground car parking, options for bicycle parking and open space.

It also includes a new 650-student senior secondary campus for Collingwood College and Fitzroy High School, which has already been developed at the site and opened to students earlier this year. The apartments will be built with a strong focus on energy and water conservation, as well as waste management and transport solutions.

Around 200 will be Affordable Build to Rent, to provide high quality housing that will remain available as a rental for the long term.

Active forms of transport will also be encouraged, with all apartments to include two bike parks, as well as carshare options.

Fitzroy North is a diverse community in close proximity to schools, public transport and services, making it a highly desirable suburb to call home. The former Fitzroy Gasworks site is an important part of the area&rsquo;s industrial and social heritage. The registration of interest process is now open to deliver approximately 800 of the apartments at the site, as well as a retail component and commercial tenancies.

A final developer will be&nbsp;selected by the end of the year.

The project&rsquo;s development plan &ndash; which outlines the planning controls, policies and principles that will guide the design and construction of the site &ndash; was released for community feedback last year and has since been submitted for approval.

&ldquo;We&rsquo;re getting on with turning the Fitzroy Gasworks site into a vibrant new neighbourhood &ndash; with affordable housing options, a sports centre, more open space and a high school that&rsquo;s close to public transport &ndash; making it easier for locals to travel,&rdquo;&nbsp;Minister for Transport Infrastructure Jacinta Allan said.

&ldquo;It&rsquo;s great to see the project progressing &ndash; which will benefit the whole Fitzroy community, as well as create hundreds of local jobs.&rdquo;

The former Fitzroy Gasworks site at 433 Smith Street, Fitzroy North, will becomne a new precinct, with more than 1,000 apartments, a sports centre and a community facility



Fitzroy Gasworks site set for new precinct with over 1,000 apartments

Rising nine stories in Melbourne&rsquo;s inner-northern suburb of Carlton, Encompass is the latest residential project from leading developers Frasers Property and Citta Property Group.

The development, under construction by the reputable construction firm Harris HMC,&nbsp;has been designed by Jackson Architecture to present a collection of premium one, two and three-bedroom residences.

Residents arriving at the development, situated on the corner of Elgin and Nicholson Streets, will be greeted by an architecturally distinct building, establishing a unique urban presence within Carlton.

Staying true to the neighbourhood&rsquo;s cultural heritage, the architects utilise &lsquo;masonry stone&rsquo; textured concrete on the fa&ccedil;ade, reminiscent of the original blue cobblestone streets of Carlton.

The building&#39;s form is sculpted by its balconies and terraces, creating a layered effect, and providing a level of privacy, outlook and outdoor living for residents to enjoy.

&ldquo;Pop-out perforated metal clad balconies and staggered anodised window hoods add another element of articulation to the fa&ccedil;ade&rdquo;, the project marketing reads.

The lobby is also framed by perforated metal finishes which continues into the foyer, merging the fa&ccedil;ade with the interior.

[smartcode_project:default project_id=5116 project_image_fid=188246]

Open and bright living spaces are the feature of each residence, with 2.7m ceilings, paved terraces and balconies and floor-to-ceiling windows.

Oak timber finish flooring and the choice between two colour schemes, light or dark, add a warmth to the home

&ldquo;The kitchens at Encompass are the perfect combination of contemporary style and functionality&rdquo;, the developers note.

[smartcode_project:default project_id=5116 project_image_fid=188244]

Premium appliances, matte timber-look, full-height cabinetry and dual-tone cupboards contrast against the reconstituted stone benchtop in raw concrete.

Kitchens also include a pull-out pantry and&nbsp;sophisticated matte black tapware to present a cohesive minimalist style. An&nbsp;integrated fridge and freezer is an optional upgrade.

Bedrooms are similarly warm and inviting with built-in robes, wool loop pile carpets and some featuring a study nook.

[smartcode_project:default project_id=5116 project_image_fid=188243]

Encompass bathrooms follow on from the clean lines and minimalist style of the residence, with feature black fittings, terrazzo floor tiles and a hand-blown Hollywood-style wall lamp.

Creative architecture and considered landscaping mean residents can feel excited whether they are in their private apartments or enjoying the communal amenities on offer.

The development features a rooftop lounge, outdoor barbeque, alfresco dining and lounge areas and a fully-equipped kitchen to provide an escape from the hustle and bustle of the city below.

[smartcode_project_cta: project_id=5116]

Residents arriving at the development, situated on the corner of Elgin and Nicholson Streets, will be greeted by an architecturally distinct building

Fitzroy

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