<a href="https://www.apartments.com.au/developers/skymark-group">Skymark</a>'s boutique Cronulla development Solis has secured a 10-year Latent Defects Insurance policy through Resilience Insurance, providing buyers of the 16-residence building on Ewos Parade with structural and waterproofing protection that extends a decade beyond the building's completion.

Currently under construction and due for completion in late 2027, <a href="https://www.apartments.com.au/new-apartments/solis-cronulla-8-ewos-parade-cronulla-nsw-2230">Solis</a> is one of a small number of new developments in the Sutherland Shire to carry Resilience LDI coverage, a distinction that carries increasing weight as buyer confidence in the off-the-plan sector continues to be shaped by how developers stand behind their product.

Latent Defects Insurance, which entered the Australian market in 2022 when Resilience Insurance was approved to offer the cover, protects buyers against major structural or waterproofing defects for ten years post-completion. Unlike traditional statutory warranties, it operates as a first-resort policy, if a covered defect arises, the insurer responds directly, without the buyer needing to pursue the builder or developer through a lengthy claims process.

Resilience Insurance CEO Corey Nugent has noted that the product addresses something fundamental to the new apartment market.

"The overarching feedback from prospective buyers in the new development space is that they want more confidence and assurances around the quality of the build," Nugent says.

"Resilience Insurance Latent Defects Insurance not only gives them complete peace of mind for 10 years, but it shows the developer they are buying from is standing by their product."

[smartcode_project:default project_id=150499 project_image_fid=370898]

For Solis, the Resilience LDI policy adds a meaningful layer of accountability to an already considered project. The development comprises nine two-bedroom and seven three-bedroom residences, including one dual-level three-bedroom apartment, across a five-storey building on Ewos Parade, positioned between Shelly Beach and South Cronulla.

Garden apartments connect directly to private landscaped courtyards, while upper-level homes capture beach views to the east from level four and above.&nbsp;

All 16 residences include at least one balcony or courtyard, and select apartments on the upper floors feature bar areas and secondary flexible living spaces.

Hiba Sander, Managing Director of Skymark, says Solis offers a rare balance, nestled between the quiet beauty of secluded beaches and the lively charm of South Cronulla's esplanade.

"It's a place to choose your pace and live gracefully, seaside'," Sander says.

[smartcode_project:default project_id=150499 project_image_fid=370900]

The architecture, designed by <a href="https://www.apartments.com.au/architects/ida-design-group">IDA Design Group</a>'s Michael Trinh, draws from the natural erosion patterns of <a href="https://www.apartments.com.au/developments/cronulla-nsw-2230">Cronulla</a>'s sandstone headlands, translating the organic forms of the coastline into soft curves, pavilion-style massing, and a material palette chosen for longevity in a salt-tinged environment.&nbsp;

Textured natural stone, soft renders, and timber-look battens reference the tones of the surrounding cliffs, while the building has been oriented to maximise natural light and passive ventilation, with primary living spaces facing north and east to capture morning sun and sea breezes.

"At Solis, our aim was to create architecture that feels quietly confident, grounded in natural materials like stone and timber, and elevated by light and landscape," Trinh says.&nbsp;

"The buildings are designed to sit gently within their coastal surrounds, with expansive glazing and abundant greenery creating a seamless dialogue between inside and out."

[smartcode_project:default project_id=150499 project_image_fid=370897]

Interiors by <a href="https://www.apartments.com.au/architects/hot-black">Hot Black</a> carry the same material language through to every room. Kitchens feature integrated Gaggenau appliances, sculpted stone benchtops, and Lo &amp; Co joinery, while bathrooms feature natural stone, timber, and brushed metal finishes.&nbsp;

Hot Black Founder and Design Director Sophie Safrin describes the intent as one of considered restraint: "At Solis, every detail has been thoughtfully considered to create a timeless coastal retreat, calm, refined, and effortlessly liveable. From natural finishes to seamless indoor-outdoor flow, Solis offers a quiet elegance that's deeply connected to its surroundings.

The landscape, designed by Julian Brady of <a href="https://www.apartments.com.au/landscape-architect/sitedesignstudios">Site Design Studios</a>, treats green space as an integral part of the resident experience rather than an afterthought.&nbsp;

"Gentle curves and layered native plantings mirror the ebb and flow of the ocean," Julian Brady says, "creating a serene connection between architecture and place."&nbsp;

Coco Republic has provided bespoke furniture packages tailored to the project's coastal palette.

[smartcode_project:default project_id=150499 project_image_fid=370899]

Skymark has an established track record in the Sutherland Shire, with a portfolio spanning Cronulla, Woolooware and Burraneer that includes Isla, Sylva, Bask, Shells, Sula and Mist. Securing LDI on Solis reflects a broader shift in how the developer is positioning its buildings to buyers, at a time when Resilience Insurance expects the policy to become mandatory in New South Wales by 2028.

Sales at Solis are launching soon through Ray White Projects, with an official event scheduled for 11 June. Enquire for more information.

[smartcode_project_cta:default project_id=150499]

Joel Robinson

Skymark takes out 10-year Resilience Insurance LDI at Solis Cronulla

Investors may soon find themselves with fewer reasons to buy established property and more incentives to look towards the new apartment market.

Proposed changes to negative gearing and capital gains tax concessions would see new and off-the-plan apartments retain access to the tax benefits, while established properties would miss out, creating a clear advantage for buyers purchasing newly built housing.

The policy direction aligns with what many developers have been saying for several years. Australia needs more housing supply, and governments are increasingly looking for ways to encourage investment into new stock rather than existing homes.

The challenge for investors is that suitable product is becoming harder to find.

For much of the last decade, one-bedroom apartments were the cornerstone of investor demand. They offered a lower entry price, strong rental appeal, and were a common feature across most apartment developments.

Today, the development pipeline looks very different.

Across both New South Wales and South East Queensland, developers are increasingly targeting owner-occupiers and downsizers, delivering larger two, three and four-bedroom apartments in response to changing buyer preferences. While one-bedroom apartments still exist, they now form a much smaller portion of many new projects.

That shift has created a shortage of investor-friendly stock, particularly in well-located projects close to transport, employment hubs and lifestyle amenity.

At the same time, rising apartment prices have pushed many new developments beyond the reach of traditional investors. On the Gold Coast and across South East Queensland, it's becoming increasingly difficult to find new apartments priced around the $1 million mark, particularly those offering strong rental fundamentals and long-term growth prospects.

We've rounded up four new apartment developments where investors can still secure a foothold in the market for around $1 million or less.

<h2 data-end="1140" data-start="844">Flourish Soleira</h2>

<h2>Priced from: $1.07 million</h2>

Popular Palm Beach developer Sherpa is soon to officially launch its newest local apartment development, Flourish Soleira.

The one-bedroom apartments in the building were only offered to first home buyers rather than investors, and all of those have been snapped up. The two-bedroom apartments will start from $1.07 million, and the three-bedrooms, still a good investment given the popularity of Palm Beach for owner-occupiers, starting at $2,045,000.

&nbsp;

[smartcode_project:default project_id=150017 project_image_fid=370964]

Flourish Soliera will comprise 153 apartments across two buildings, connected by a skybridge, the first ever delivered in the suburb.

True to Sherpa's booming Flourish brand of apartment projects, Flourish Soleira will have extensive rooftop amenity across both buildings including a&nbsp;wellness centre with gym, work from home, yoga, pilates, a&nbsp;heated pool, private dining rooms, pizza oven and barbecues, basketball court, and golf simulator.

<h2>Corallo, Palm Beach</h2>

Priced from: $841,500

Nearby Flourish Soleira is Changfa Group's beachfront-inspired Corallo development. They still have some one-bedroom apartments remaining, priced from $841,500.

The 105-apartment project on Palm Beach Avenue is otherwise dominated by larger two and three-bedroom residences, many of which are aimed at owner-occupiers and downsizers.

[smartcode_project:default project_id=112194 project_image_fid=808]

For investors, the appeal lies in Palm Beach's continued transformation from a laid-back beachside suburb into one of the Gold Coast's most sought-after residential markets. Residents at Corallo will be within walking distance of Palm Beach's surf beaches, the recreational amenity of Tallebudgera Creek, and the increasingly popular collection of cafes, restaurants and boutique retailers along the suburb's central dining precinct.

<h2>Corner House, Stones Corner</h2>

<h2>Priced from: $880,000</h2>

One of only two Brisbane apartment developments to make the list with prices under $1 million is DeMartini Fletcher's Corner House development in Stones Corner.

One-bedroom apartments start from $880,000 within the 88-apartment development, providing investors with exposure to one of Brisbane's most established inner-south locations.

[smartcode_project:default project_id=149098 project_image_fid=330594]

Stones Corner has long been supported by strong tenant demand due to its proximity to major employment and education destinations. The suburb sits less than five kilometres from Brisbane's CBD and is within easy reach of the Princess Alexandra Hospital, Greenslopes Private Hospital, Queensland Children's Hospital and several university campuses.

The project's location within a walkable urban village environment, surrounded by retail, dining and public transport infrastructure, continues to attract both professionals and healthcare workers seeking accommodation close to work.

Parkdrive Apartments, Chermside

Priced from: $749,000

The most affordable apartments across Brisbane's new and off the plan market are in Chermside where developer AusDev is selling one-bedroom apartments from $749,000, and two-beds from $929,000, at its recently launched Parkdrive development.

The development is strategically positioned in one of Brisbane's largest employment and retail precincts, placing residents within easy walking distance of Westfield Chermside, The Prince Charles Hospital, St Vincent's Private Hospital Northside and the suburb's major bus interchange.

[smartcode_project:default project_id=152125 project_image_fid=363782]

Already under construction and scheduled for completion in early 2028, Parkdrive benefits from Chermside's ongoing evolution into Brisbane's northern metropolitan centre. The suburb continues to attract significant public and private investment, supporting population growth and underpinning long-term rental demand.

For investors focused on yield and tenant depth, the combination of healthcare, retail and transport infrastructure within close proximity provides a strong foundation for occupancy and rental performance.

Investors to turn to new apartments after Federal Government changes spark hunt for Queensland's best $1 million apartments

A mix of Gold Coast locals, fly-in, fly-out purchasers from Sydney and Melbourne, and Brisbane-based families has driven early sales success at Broadbeach's newest apartment tower, Lumara.

The 26-level project, a joint venture between builder-developer 5Point Projects and Bourke Projects, comprises just 37 luxury residences and is attracting a buyer profile that is looking for exclusivity, above the most amenity-rich suburb on the Gold Coast.

[smartcode_project:default project_id=150454 project_image_fid=364156]

Jamie Bourke, Director of Bourke Projects, says every buyer secured so far intends to use Lumara as a lock-up-and-leave residence, combining holiday use with the ability to work remotely when required.

“The size of the apartments, both half- and full-floor options, and the different zones within the floorplans, lends itself perfectly to dedicated home office setups and multi-generational family holidays,” Bourke says.

That flexibility has become a key drawcard for affluent buyers seeking a second residence on the Gold Coast without sacrificing the ability to conduct business away from their primary home base.

The absence of holiday letting within the building has also resonated strongly with purchasers.

“This type of buyer doesn't need to generate holiday rental income,” Bourke says. “They're paying for exclusivity, privacy and certainty around who their neighbours are.”

[smartcode_project:default project_id=150454 project_image_fid=366491]

The strong demand comes amid broader shifts in the high-end apartment market following the Federal Budget announcements in May.

“We were already seeing strong enquiry from high-net-worth buyers, but that has only accelerated since the policy changes,” Bourke says.

“A lot of those buyers are looking to place more capital into premium lifestyle assets rather than investment-grade stock that has been targeted by the Federal Government.”

[smartcode_project:default project_id=150454 project_image_fid=366486]

Designed by Cottee Parker, Lumara adopts a slender, sculpted form with an emphasis on natural materials suited to its beachfront setting. The architectural approach draws on coastal influences, with a palette of stone, timber and concrete selected for durability and the ability to weather over time.

Apartments are limited to three and four-bedroom configurations, with a maximum of two residences per floor through the mid-levels and a selection of full-floor and dual-level homes in the upper levels. All apartments are oriented to the north to maximise natural light, cross-ventilation and views across the ocean, city skyline and hinterland.

A two-level amenity offering is positioned high within the building on levels 20 and 21, conceived as a sky wellness retreat. Facilities include a magnesium pool, spa, sauna and steam rooms, alongside more social spaces such as a private dining room, resident lounge, workspaces and outdoor barbecue areas integrated with landscaped greenery.

The uppermost levels are reserved for larger-format residences, including several full-floor homes and a dual-level penthouse with its own private wellness features and recreational spaces.

&nbsp;

To give buyers confidence, 5Point and Bourke commenced construction ahead of the apartments launching to the market, a sure-fire way to prove they mean business, and the building will be delivered. They are targeting a 2028 completion date.

[smartcode_project_cta:default project_id=150454]

Locals, interstate holiday makers, drive early sales at Lumara, Broadbeach's newest luxury apartment tower

Often when it comes to purchasing property, the biggest barrier to entry is the deposit. Buyers of established homes typically aim for a 20 per cent deposit to avoid the added cost of Lenders Mortgage Insurance, while most property transactions require around a 10 per cent deposit when contracts are exchanged.

The off-the-plan market works differently, with buyers typically paying a deposit during construction and settling the balance upon completion. As completion approaches at <a href="https://www.apartments.com.au/new-apartments/fabbrica-fitzroy-369-gore-street-fitzroy-vic-3065">Fabbrica Fitzroy</a>, developer <a href="https://www.apartments.com.au/developers/pace-development-group">Pace</a> is making it easier for buyers to secure a residence through a deposit-matching incentive. Purchasers need only contribute a five per cent deposit*, with Pace matching the remaining five per cent.

The offer comes as Pace unveils a completed display apartment and townhouse, now available for inspection by appointment ahead of the project's Spring completion.

[smartcode_project:default project_id=139552 project_image_fid=371009]

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/winwood-mckenzie-architecture">Winwood Mckenzie</a> and landscaping by <a href="https://www.apartments.com.au/landscape-architect/acre">Acre</a>, Fabbrica draws on Fitzroy’s industrial and manufacturing history, incorporating references to the former Argyle Shirt Factory and Life Savers Confectionery Company that once occupied the site.

The development comprises 85 residences, spanning low-maintenance apartments through to larger-format townhouses with private street access and double lock-up garages, a relatively uncommon offering in Fitzroy’s higher-density apartment market.

Pace says the project has been designed to appeal to buyers seeking inner-city convenience without sacrificing space, flexibility, or amenity.

[smartcode_project:default project_id=139552 project_image_fid=371016]

Inside the residences, Winwood Mckenzie has focused on adaptable layouts and integrated detailing, with features including custom joinery, and concealed storage solutions. The material palette leans into warm, tactile finishes intended to complement the building’s industrial architectural language.

Fabbrica’s rooftop amenity is a key part of the project offering. Spanning around 800 sqm, the communal rooftop includes a private dining room, communal kitchen, lounge spaces, work-from-home zones, and outdoor dining areas overlooking the Melbourne CBD skyline.

[smartcode_project:default project_id=139552 project_image_fid=371017]

Landscape architecture studio Acre has introduced a layered rooftop garden designed to soften the urban setting while creating a more communal environment for residents.

The Fitzroy location also positions residents within walking distance of Brunswick Street, Smith Street, parks, cafés, galleries, and public transport, while remaining only minutes from Melbourne’s CBD. The project has an enviable Walk Score of 96.

[smartcode_project:default project_id=139552 project_image_fid=371025]

Pace, which is also delivering the project as builder, has developed more than 100 projects across Melbourne over the past three decades. The vertically integrated approach has become increasingly common among developers seeking greater control over construction delivery amid broader market pressures affecting the apartment sector.

The strikingly contemporary Gore Street development is now around 70 per cent complete, with purchasers expected to move into their new homes in Spring 2026. A limited number of residences remain available under the current deposit match offer.

*Conditions apply in relation to the deposit match offer.

[smartcode_project_cta:default project_id=139552]

Pace offers five per cent deposit match at Fabbrica Fitzroy ahead of Spring completion

Sydney developer Hyecorp's roots on the Lower North Shore stretch back three generations, and that deep understanding of the market continues to shape where and how it develops today.

From high-rise towers to boutique apartment projects, the family-run developer has built its reputation by focusing on a part of Sydney it knows intimately. Founded by Michael Abolakian in the early 1990s, Hyecorp is now led by his sons Stephen, Troy and Patrick.

Stephen Abolakian, joint managing director alongside Troy, has spent more than two decades in the business, overseeing development, planning, finance, marketing and sales.

Abolakian says the developer's disciplined focus on where it chooses to operate has been, and continues to be, one of Hyecorp's greatest strengths.

“We know the buyer profile exceptionally well,” Abolakian says.

“The demographics between places like Willoughby, Chatswood, St Leonards and Roseville are very similar. There are nuances between suburbs and projects, but culturally and from a buyer perspective, there’s a strong overlap.”

That buyer has historically been overwhelmingly owner-occupier driven.

Unlike many Sydney apartment developers that have traditionally relied heavily on investor demand, Hyecorp’s projects have typically attracted downsizers, upsizers, rightsizers and family owner-occupiers seeking long-term homes rather than short-term investments.

“Historically, investors have been a much smaller portion of our demand profile,” Abolakian says.

“We design for owner-occupiers. We don’t design for yield, we design for comfort, amenity, family living and long-term usability.”

That philosophy extends well beyond apartment layouts.

From landscaping and communal gardens to shared amenities and circulation spaces, Hyecorp’s developments are designed around how people actually live, something Abolakian believes has become increasingly important in Sydney’s apartment market.

“There was probably a period where having an approved project in market was enough,” he says.

“There wasn’t as much competition and if you built it, buyers would come. That’s no longer the case.”

“There’s more supply in the pipeline now, particularly with TOD precincts and low and mid-rise reforms opening up opportunities across Sydney. Buyers have more choice, so if you get the product wrong, they’ll simply go elsewhere.”

[smartcode_project:default project_id=110379 project_image_fid=311393]

The shift has forced developers to become more sophisticated in how they approach apartment design, particularly as owner-occupier expectations continue to rise.

For Hyecorp, that means thinking beyond who the buyer is today and designing for who they may become in five or 10 years' time.

“People buying now often aren’t moving in for several years,” Abolakian says.

“You might have a young couple buying today, but by the time they move in they may have children, older children, or changing lifestyle needs. You’ve got to think about how families evolve.”

That thinking also shapes Hyecorp’s approach to amenity, which positions wellness at the forefront.

[smartcode_project:default project_id=149594 project_image_fid=362634]

While resort-style facilities have become increasingly common marketing tools across Sydney apartment developments, Abolakian says the challenge is ensuring amenities are genuinely usable and appropriate for the scale of the project.

“If amenities are done right, they can materially improve the living experience,” he says, adding however that if you&nbsp;overdo it or get it wrong, you can end up with facilities nobody uses that simply create ongoing strata costs.”

That balance is something Hyecorp is aiming to strike with projects like Roseville Avenue, one of the group's upcoming Lower North Shore developments, which Abolakian describes as bringing a resort-style living experience into a metropolitan setting.

“It’s about creating something that feels special without being excessive,” he says.

“Good gardens, quality apartments, thoughtful amenity. Creating that resort feeling in a metro location.”

<img alt="Hyecorp" data-entity-type="file" data-entity-uuid="13c4c0f3-b1b7-44cf-9344-0b3d1d07797a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-02%20at%2012.14.57%E2%80%AFPM.png?VersionId=9OLWjyj2bYkDV35F78WJnyMSPfc2bJ2z" />

The focus on owner-occupier product comes as Sydney’s apartment market continues to navigate a difficult development environment.&nbsp;For Hyecorp, maintaining an in-house operating model across construction, sales, marketing and development management has become increasingly important in navigating that environment.

“We’ve always believed in keeping a lot of the process in-house,” Abolakian says.

“It creates efficiencies, but it also creates quality control. You can make faster decisions and ensure the end product stays aligned with the original vision.”

Despite the challenges, Abolakian believes demand for quality owner-occupier apartments across Sydney remains strong beneath the surface, particularly across established Lower North Shore suburbs where downsizers continue to seek new housing options close to existing communities.

“There are definitely people waiting,” he says.

“Once some of the broader uncertainty settles, whether that’s the global environment or some of the local economic noise, I think the right projects will perform very strongly.”

Hyecorp currently has three residential developments on the market across Sydney’s Lower North Shore.&nbsp;Audrey, St Leonards, positioned opposite Newlands Park, is nearing completion and preparing to welcome its first residents, with the project now almost sold out.

Hyecorp has also recently launched&nbsp;<a href="https://www.apartments.com.au/new-apartments/celine-chatswood-37-archer-street-chatswood-nsw-2067">Celine Chatswood</a>, an architectural tower, while continuing to deliver&nbsp;<a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet Roseville</a>, a more boutique scale of development with just 34 apartments.

Why Hyecorp continues to back Sydney's Lower North Shore apartment market

Flemington

If you want to live in the heart of Melbourne but not right in the CBD, then just 4 kilometres north-west, you'll find the perfect suburb, Flemington.

Situated right between the Melbourne Zoo and the racecourse, this family-friendly suburb surrounded by parks is only a 9-minute drive to the city – or a 26-minute tram ride.&nbsp;

One of our exciting new listings in Flemington is The Ascot. Take a look at our apartment spotlight video:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/Vise2Dcc2UM" title="YouTube video player" width="660"></iframe>

<h2>THE ASCOT AT A GLANCE</h2>

Developer: Blue Earth Group 
Architect: CHT Architects 
Builder: Hamilton Marino 
Address:&nbsp;72 Ascot Vale Road, Flemington VIC 3031

[smartcode_project_cta: project_id=4739]

[smartcode_project:default project_id=4739 project_image_fid=169155]

Delivered by renowned developer Blue Earth Group, The Ascot follows its predecessors Ivanhoe Gardens and Anthem, which have become Urban best-sellers thanks to their incredible on-site amenity offering and competitively low strata fees.

The Ascot is a boutique development with just 146 residences, with a small number of premium apartments remaining. All apartments feature three bedrooms, two bathrooms and two carparks, with a selection of generous floorplans available.

In the video, we took a look&nbsp;at the floorplans of apartments 501a and 502a. Both boast expansive decks over 100 square metres in size – far greater than that of your average townhome. Property 501a offers expansive south western views of the city skyline, while 502a has a northerly outlook, meaning all day sun.

The property has been designed by CHT Architects in collaboration with Sora Interior Design, with celebrity chef Adam D'Sylva providing expertise for the kitchen layout and functionality.

[smartcode_project:default project_id=4739 project_image_fid=169151]

With The Ascot residences starting at $1.1 million, these homes are $200K - 300K below the suburb median, with the added benefit of luxury amenities including state-of-the-art gym technology, a gold class cinema, golf simulator and games room.

The Ascot also features stunning gardens designed by Jack Merlo Landscape Architects, featuring a tranquil meditation retreat, barbeque and outdoor dining areas and a children's garden.&nbsp;

On days where you want to work from home, The Ascot's co-working lounge is the perfect place to work and overlooks beautiful gardens.&nbsp;

[smartcode_project:default project_id=4739 project_image_fid=169158]

To add to the exceptional convenience of this development, we love that The Ascot allows for easy integration of technological advancements in future. You've got electric car charging bays, fingerprint access and phone operated appliances.

There's also a building app where you can manage post, grocery deliveries, make bookings and more. Plus, you'll have access to keyless click and collect, a dog washing bay and a vehicle cleaning station. All these extra details prove that Blue Earth Group has really taken into account how they can best accommodate each resident's lifestyle.&nbsp;

We've seen buyers take to Blue Earth Groups developments and expect The Ascot to sell out quickly as well. Already 1 &amp; 2 bedroom configurations have completely sold out -&nbsp;giving you a final opportunity to make The Ascot home.

A limited release of 3 bedroom homes are now available. This is a fantastic opportunity to secure exceptional value for money in a great suburb of Melbourne.&nbsp;

[smartcode_project_cta: project_id=4739]

Olivia Round

APARTMENT SPOTLIGHT: The Ascot by Blue Earth Group in Flemington, Melbourne

Developers have seen an increased demand in residential and mixed-use developments that feature a unique offering that buyers may not find elsewhere.

There&#39;s a wave of new developments which border some of Australia&#39;s most popular racetracks. The residences, all part of a wider mini-masterplan community on the undeveloped land, deliver an amenity-rich lifestyle for owner-occupiers, and have discerning investors interested in the potential windfall rental income due to its location.

Urban takes a look at five projects located close-by or on some of the country&rsquo;s most well-known horse racing tracks.

1. Thomas Street, Moonee Ponds 
Developer: Hamton 
Two-bedroom apartments from $645,000

[smartcode_project:default project_id=103179 project_image_fid=167493]

Thomas Street residents will have access to a resort-like rooftop pool and deck that will overlook the city skyline and Moonee Valley Racecourse.

Situated in Moonee Ponds, the project unifies contemporary forms with a distinct design with timeless interiors by Mim Design and a natural palette.

[smartcode_project:default project_id=103179 project_image_fid=167471]

Designed by Rothelowman, other amenities on offer include a wellness sanctuary with outdoor deck and grassed area, Stonepine Square, an idyllic gathering place surrounded by shady pergolas and a dog wash station. &nbsp;

2. Feehan Row, Moonee Ponds 
Developer: Hamton 
Three-bedroom townhouses from $1,195,000

[smartcode_project:default project_id=102580 project_image_fid=167439]

Botanical green spaces form the cornerstone of Hamton&rsquo;s Feehan Row, with walking trails, sporting fields and green community spaces.

The development, part of the masterplan which also includes Thomas St,&nbsp;was inspired by the historic nature of the site, originally Feehan&rsquo;s Farm leased by W.S. Cox in 1992 for use as a racecourse.

Each home has an individualised entry that makes a statement, delivering a modern interpretation of a Victorian terrace, designed by Rothelowman and Tract Landscape Architects.

[smartcode_project:default project_id=102580 project_image_fid=167425]

&ldquo;We believe that residents will love living at Feehan Row because in addition to the timeless design of these homes, they can access a rich environment of amenities and parkland&rdquo;, said Rothelowman principal Chris Hayton.

3. Newmarket Residences, Randwick 
Developer: Cbus Property 
Floorplan available upon request

[smartcode_project:default project_id=7591 project_image_fid=77904]

At the centre of Sydney&rsquo;s horse racing culture, Newmarket Residences boasts two eight-storey apartment buildings that will sit above a vibrant retail plaza in Randwick.

Located at the site of the racing&rsquo;s Inglis family&rsquo;s Newmarket Stables, purchased in 1917, the development provides a direct pedestrian connection to the heritage stables.

Designed by Bates Smart, the homes and apartments boast considered details, indoor and outdoor living, classic tones and handcrafted finishes.

[smartcode_project:default project_id=7591 project_image_fid=77908]

The five-hectare site will include a playground, 5,000sqm of parkland, 2,300sqm of retail and 642 apartments and terraces.

4. The Ascot, Flemington 
Developer: Blue Earth Group 
Two-bedroom apartments from $639,000

[smartcode_project:default project_id=4739 project_image_fid=169154]

Just a short walk from the fabled Flemington Racecourse, the Ascot is a brand-new residence boasting 146 apartments across two buildings.

Boasting the best of a vibrant inner-city neighbourhood, the CHT Architects-designed project is full of historic charm and an array of high-quality amenities and services.

[smartcode_project:default project_id=4739 project_image_fid=169155]

The development features landscaped multi-purpose gardens, curated by Jack Merlo, and is located just four-kilometres away from the Melbourne CBD.

5. Ascot Green, Eagle Farm 
Developer: Mirvac 
[smartcode_project:default project_id=27556 project_image_fid=71309]

Having sold out the first two residential stages of their Ascot Green development flanking the Eagle Park Racecourse in Brisbane, the ASX-listed developer&nbsp;Mirvac&nbsp;has lodged plans for its third stage.

The third, subtropical-inspired apartment block will rise 14 levels with 111 apartments and a rooftop with panoramic city and track views. That will also feature a private dining room and lounge areas.

It will home the community&#39;s first four-bedroom apartments, as well as four integrated terraces with direct access to green open space fronting the racecourse.

Overlooking some of Australia’s best-known racecourses, these residences deliver an amenity-rich lifestyle for owner-occupiers and, for investors, the potential for holiday rentals.

max.kwok_55688

Five apartments and townhouses being built alongside Australia’s best-known racecourses

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A Flemington milkbar, known in a previous life as the Macca’s Milk Bar, is set to go under the hammer June 15. 
Held for the last 30 years, 31 Dover Street, in Melbourne's north west is up for auction with a price guide of $800,000 to $880,000.
Set on 183 sqm, the one story home features the original facade.
The vendors say the property dates back to 1894 and had been a grocery store.
It was also once famous for its annual football tipping competition, however it stopped operating as a business in 1999. 
Jerome Feery and Simon Mason of Jellis Craig are marketing the property.
The shopfront facade has been preserved while the interior was reconfigured into a private three bedroom two bathroom residence in 2000.
Featuring a large kitchen and leafy courtyard, records show it last sold for $107,000 in May 1988.
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j.ballantyne1990-6AQqhLzZaK

Flemington milkbar home listed for auction

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EXPERT OBSERVER
The announcement that Sydney Markets will move from Flemington to the Aerotropolis in Western Sydney means the existing Flemington site could become a new type of development.
Sydney’s markets were originally in Haymarket close to Darling Harbour but as the city grew they moved west to Flemington closer to the then centre of Sydney at Parramatta.
With Sydney now planned to have three city centres the announcement that the markets will move further west to be part of the third city at the Aerotropolis completes their move to the areas of growth.
This will leave a large site at Flemington ripe for redevelopment.
The Urban Taskforce has asked Sydney architect Tony Owen to develop an exciting vision for the redevelopment of the Flemington site in a manner that retains a number of market uses.
Tony Owen’s proposal (pictured above and below) sets a new standard for urban renewal by incorporating greenery throughout the new built form.
<img src="https://www.urban.com.au/images/2018/11/19/Greenery.JPG" alt="">
Buildings are dripping in greenery and lower height buildings have green roofs that are used for agriculture that could include cows grazing and free range chickens.
There is another great benefit of the proposal in that all the greenery will reduce the heat build up on the site and manage water run off better as well as cleaning the air.
Flemington 2036 is a glimpse into how urban development will occur in the future. The main residential accommodation is in green towers that overlook the shared facilities and markets in the middle of the site.
Tony Owen has cleverly located the tall buildings nearest the highway and commercial areas with lower buildings near existing residential areas.
The amazing potential of the Flemington site is that a whole community can live and work there with 10,000 residents and 4,000 workers all coming together in a park like environment.
What Tony Owen's vision demonstrates is that urban environments can be green and connected to Urban Agriculture. The whole Flemington village will be self sustainable with the food grown on the site.
The Flemington site is well located between the Sydney CBD and the growing city of Parramatta and it has its own railway station.
There is the option of providing a new station on the proposed Metro West line to further connect the site to jobs in Parramatta and in the Sydney CBD.
Redevelopment of a large site like the Flemington Markets must be a leading example of a new approach to urban living.
CHRIS JOHNSON is the CEO of Urban Taskforce
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cjohnson-8xfqfuuCSq

When Flemington Markets relocate to the Aerotropolis the site can become a new green urban village: Chris Johnson

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Melbourne based developer, Pace Development Group, has been announced as the Victoria Racing Club’s preferred purchaser of its recently rezoned site at 550 Epsom Road, Flemington. 
Pace was awarded the contract of sale for the 10,600 square-metre parcel of land at the famed Flemington Racecourse, following a competitive tender. 
The land, which sits atop the racecourse’s 1,200 metre main straight known as the ‘Straight Six’, received approval for rezoning earlier this year under a planning scheme for 300 residential dwellings, and has undergone vigorous community consultation to ensure the future development protects the existing character and historic significance of the site. 
VRC Chairman Amanda Elliott said Pace and the VRC have agreed to collaborate throughout the design process. 
Shane Wilkinson, Managing Director of Pace Development Group, the design will be publicly revealed in early 2018.
The project’s first apartments are expected to be on the market from late 2018. 
The sales campaign for the land was managed by Peter Bremner, Trent Hobart and Hamish Burgess from Colliers International and transaction management was handled by Peter Hutchins and Tom Byrnes from Charter Keck Cramer.
<div class="page" title="Page 4">
<div class="layoutArea">
<div class="column">
Epsom is a key development site sitting adjacent to the Flemington Racecourse and has been designated for high density residential development. The site is approximately 1ha in size and includes the heritage listed former Jockey’s Convalescent Lodge. 
Greenland was a prior envisaged developer but did not proceed.
</div>
</div>
</div>
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Pace wins VRC 550 Epsom Road, Flemington residential redevelopment tender

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Flemington and Kensington are the fastest selling localities in Melbourne for houses, according to a recent Investar report.
The property data firm says that houses in Flemington and Kensington takes 41 days to sell.
This is followed by Moonee Ponds with 52 days and Avondale Heights with 53 days.
<table style="width: 424px;" border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="107">
Suburb
</td>
<td valign="top" width="54">
Postcode
</td>
<td valign="top" width="60">
Bedrooms
</td>
<td valign="top" width="89">
Days on market
</td>
<td valign="top" width="113">
Current median price
</td>
</tr>
<tr>
<td valign="top" width="107">
Flemington
</td>
<td valign="top" width="54">
3031
</td>
<td valign="top" width="60">
3
</td>
<td valign="top" width="89">
41
</td>
<td valign="top" width="113">
$870,000
</td>
</tr>
<tr>
<td valign="top" width="107">
Kensington
</td>
<td valign="top" width="54">
3031
</td>
<td valign="top" width="60">
2
</td>
<td valign="top" width="89">
41
</td>
<td valign="top" width="113">
$800,000
</td>
</tr>
<tr>
<td valign="top" width="107">
Moonee Ponds
</td>
<td valign="top" width="54">
3039
</td>
<td valign="top" width="60">
2
</td>
<td valign="top" width="89">
52
</td>
<td valign="top" width="113">
$780,000
</td>
</tr>
<tr>
<td valign="top" width="107">
Avondale Heights
</td>
<td valign="top" width="54">
3034
</td>
<td valign="top" width="60">
3
</td>
<td valign="top" width="89">
53
</td>
<td valign="top" width="113">
$720,000
</td>
</tr>
<tr>
<td valign="top" width="107">
Jacana
</td>
<td valign="top" width="54">
3047
</td>
<td valign="top" width="60">
3
</td>
<td valign="top" width="89">
54
</td>
<td valign="top" width="113">
$485,000
</td>
</tr>
</tbody></table>
A two bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-flemington-126170326" target="_blank">37 Waltham Street</a>, Flemington (above) recently sold for $1.225 million after spending 10 days on the market.
Built in 1890, the 150 square metre house last sold for $686,000 in 2010.
A three bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-flemington-126167510" target="_blank">127 Princes Street</a>, Flemington (below) was recently sold for $885,000 after spending 25 days on the market.
The 185 square metre house last sold in 2011 for $599,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/09/15/127%20Princes%20Street.jpg" alt="">
A three bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-kensington-126119614" target="_blank">2/57 Bayswater Road</a>, Kensington (below) was recently sold for $960,000 after spending 15 days on the market.
Built in 1995 it last sold in 2001 for $340,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/09/15/2_57%20Bayswater%20Road.jpg" alt="">
A two bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-kensington-125553186" target="_blank">18 Altona Street</a>, Kensington (below) was sold for $1.07 million this year after spending 18 days on the market.
The 283 square metre property last sold for $460,000 in 2006.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/09/15/18%20Altona%20Street.jpg" alt="">
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Flemington and Kensington, Victoria houses takes 41 days to sell: Investar

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Flemington is the most affordable suburb in Melbourne, according to Secret Agent’s latest report.
Tables 3 to 6 list the most and least affordable suburbs for both terraces and townhouses, in terms of average prices as well as average price per square metre of internal space.
If a suburb had less than 5 sales it was excluded from the data pool.
Even the most affordable suburbs for terraces in inner Melbourne start at an average of over $1 million ($300,000 more than townhouses) as shown in Table 3.
<a href="https://www.propertyobserver.com.au/images/2017/06/Table%203.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/06/Table%203.jpg" alt="">
Buyers would be hard pressed to find terraces anywhere near the CBD for less than $10,000/m2 of internal space.
Brunswick and Brunswick East's affordable terraces have an average price per square metre of $10,400/m2 and $11,400/m2 respectively.
Both of these suburbs also make the list of top 5 most affordable townhouses.
Collingwood terraces, which had the lowest average prices in our sampled region over the last year, sold for $11,800/m2 on average.
Terraces in Flemington were more affordable than terraces in any other inner suburb in our study.
The most expensive terraces in inner Melbourne sold for nearly twice as much on average as the most expensive townhouses, and are valued about $5,000/m2 more.
Table 4 shows the least affordable terraces and is dominated by Middle Park and Albert Park, which are highest per square metre and only beaten by Parkville in terms of average sale price.
<a href="https://www.propertyobserver.com.au/images/2017/06/Table%204.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/06/Table%204.jpg" alt="">
Parkville terrace prices fell just short of making the list at $14,500/m2, edged out by its neighbour Carlton North ($14,800/m2).
"Despite being close on a price per square metre basis, if we only looked at average prices we would get a completely different impression, with average prices in Carlton North at $1.58 million, well below Parkville’s 2016 sample average of $2.44 million," the report stated.
Kensington in the inner West, as well as Brunswick, Brunswick East and Northcote in the inner North are in the top 5 most affordable suburbs for townhouses, both in terms of average prices and average price per square metre, shown in Table 5.
<a href="https://www.propertyobserver.com.au/images/2017/06/Table%205.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/06/Table%205.jpg" alt="">
This comes at no real surprise to people who have been following inner Melbourne’s property market trends.
The same can be said about the lack of any affordable suburbs from the inner South on the list.
Abbotsford is the only suburb from the inner East that made the top 5 in 2016, coming in 4th when ranked by average price.
While not in the top 5 most affordable by price per square metre, the suburb is still relatively affordable at just over $8,000/m2.
The most deceptive suburb is West Melbourne, where townhouses in our sample were sold for nearly $1.1 million on average over the past year, which is well above the other suburbs in the top 5 list.
However, at only $7,100/m2, West Melbourne was the number one most affordable inner suburb per square metre of internal space.
Table 6 shows the least affordable suburbs for townhouses in 2016.
Only suburbs from the inner South and East appear in the top 5 when looking at average prices.
South Yarra is the most expensive suburb by both metrics, with Prahran, Port Melbourne and Richmond also making both lists.
<a href="https://www.propertyobserver.com.au/images/2017/06/Table%206.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/06/Table%206.jpg" alt="">
Collingwood nearly made the most affordable list with an average townhouse sale price of only $870,000 in 2016.
However, when accounting for size, buyers of Collingwood townhouses spent nearly $9,300/m2 on average, the 5th highest of all suburbs we sampled.
While Hawthorn only made the top 5 when comparing average prices, at an average of $9,088/m2 it is also still relatively expensive on a price per square metre basis.
Property Observer found this three bedroom townhouse, <a href="https://www.realestate.com.au/property-apartment-vic-flemington-124556042" target="_blank">4/3 Tunbridge Street Flemington</a> (pictured above), on the market for between $660,000-$720,000.
 A two bedroom townhouse, <a href="https://www.realestate.com.au/property-townhouse-vic-maribyrnong-122451902" target="_blank">1 Gatehouse Place Maribyrnong</a> (below), is going o auction March 4.
<img src="https://www.urban.com.au/images/2017/02/13/Screen%20Shot%202017-02-13%20at%2010.01.54%20AM.png" alt="">
The three bedroom townhouse at <a href="https://www.realestate.com.au/property-townhouse-vic-ascot+vale-124554422" target="_blank" style="font-size: 12.16px;">36 Archer Avenue Ascot Vale is on the market for between $830,000 and $870,000.</a>
<img src="https://www.urban.com.au/images/2017/02/13/Screen%20Shot%202017-02-13%20at%2010.04.19%20AM.png" alt="" width="555" height="323" style="font-size: 12.16px;">
For more information from Secret Agent, <a href="https://secretagent.com.au/" target="_blank">click here</a>.
</body></html>

jchancellor-FAypfDUnLy

Flemington offers Melbourne's most affordable terraces: Secret Agent

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Located less than six kilometres from the Melbourne CBD, Flemington Racecourse occupies a 125ha site in an area undergoing significant transformation and growth. Managed by the Victoria Racing Club (VRC), a long-term master plan was developed for the facility during 2009, with the aim of maximising revenue opportunities for the ongoing investment in facilities for the racecourse and significant capital expenditure undertakings such as replacement of the Member's Old Grandstand.

Part of this master plan involved the sale of non-core land to generate the funds for investment in new facilities.

Enter Greenland Group, China's largest real estate developer which acquired two sites covering a combined 40,000sqm. Known as Flemington Green and Epsom Road, these land holdings were surplus to the needs of the VRC and were offloaded to Greenland Group with the expectation of large-scale development.

The revenue from their sale would then be invested towards the development of the new Club Stand seen below.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/829.jpg" rel="gallery-all" title="The Club Stand. Image courtesy of Bates Smart."><img alt="" class="image-article-full-width-580px" height="287" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/829.jpg?itok=kjfb93Bn" title="The Club Stand. Image courtesy of Bates Smart." width="580"></a>

<figcaption>The Club Stand is expected to be built shortly. Image courtesy of Bates Smart.</figcaption></figure>Flemington Green occupies 30,000sqm of land, situated between Fisher Parade and Leonard Crescent. The site is located at the high point of the promontory above the Racecourse and the Maribyrnong River. The site's existing uses consist primarily of open lot car parks and three dwellings along Fisher Parade.

Epsom Road on the other hand occupies approximately 10,000sqm of land and is adjacent to the intersection of Epsom, Racecourse and Ascot Vale Roads, at the end of the Racecourse Road Activity Centre. The site is currently undeveloped with the exception of a single level building: the heritage listed Former Jockeys’ Convalescent Lodge which will be retained as part of any future development onsite.

Greenland's plans for the sites were revealed late last year when - together with the VRC - it submitted a Planning Scheme Amendment Request with the Minister for Planning, which sought to change the planning controls for both sites. This would allow for the developer to move forward with plans for its 'Flemington Life' development, consisting of four towers ranging in height from 14-storeys (AHD 73.7m) to 31-storeys (AHD 123.9m), supported by medium-density dwellings across a further six buildings.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/flemington_life_dwelling_types.jpg" rel="gallery-all" title="Flemington Green height and dwelling types. Image courtesy Woods Bagot"><img alt="" class="image-article-full-width-580px" height="331" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/flemington_life_dwelling_types.jpg?itok=xdP57VOE" title="Flemington Green height and dwelling types. Image courtesy Woods Bagot" width="580"></a>

<figcaption>Flemington Green height and dwelling types. Image courtesy Woods Bagot</figcaption></figure>An Indicative Development Concept (IDC) has been prepared for both sites which provides extensive details on the type of development that could be accommodated across the two sites. These do not represent the final form of any development on the site, but rather reflect the type, scale and siting of built form that maybe be permitted within the parameters proposed under the new planning controls.

The building envelopes shown in the proposed Comprehensive Development Zone for the low-rise component only allow for variations in height and setbacks.

The IDC for the Flemington Green site, as prepared by <a href="http://www.woodsbagot.com/">Woods Bagot</a>, seeks the development of 736 dwellings, based on a built form that comprises three residential towers, two street level podia and a lower density precinct containing townhouse and apartment buildings up to 4-storeys. The proposal also includes scope for a small amount of ancillary retail, commercial space and community facilities that will provide local services for residents.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image45_1.jpg" rel="gallery-all" title="Flemington Green as rendered from Fischer Parade. Image courtesy Woods Bagot"><img alt="" class="image-article-full-width-580px" height="370" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image45_1.jpg?itok=WVtqZp8H" title="Flemington Green as rendered from Fischer Parade. Image courtesy Woods Bagot" width="580"></a>

<figcaption>Flemington Green as rendered from Fischer Parade. Image courtesy Woods Bagot</figcaption></figure><blockquote>
The architectural design response adopts a rectilinear architectural language at the perimeter of the master plan and transforms this language to a curved formal language in the centre. This curved formal language continues into the tower geometry, referencing Flemington Racecourse’s distinctive curvilinear shape.
<cite>Woods Bagot</cite>
</blockquote>

The three towers which are expected to form Flemington Green are all distinguished by individual responses to articulation of facades, which draw on the characteristics of the racecourse. These are summarised below:

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/flemington_green_facades.jpg" rel="gallery-all" title="Facade reference images. Image courtesy Woods Bagot"><img alt="" class="image-article-full-width-580px" height="228" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/flemington_green_facades.jpg?itok=49qo4s3A" title="Facade reference images. Image courtesy Woods Bagot" width="580"></a>

<figcaption>Facade reference images. Image courtesy Woods Bagot</figcaption></figure><ul>
<li>
Tower 1, 25-storeys - The Veil: The design concept for the new facade expresses the Flemington’s fascination with fashion.The entire building is enclosed by a skeletal metal frame, which like a veil conveys a mysterious and ambiguous definition by discreetly revealing what is behind. The veil creates a dynamic gesture and form.</li>
	<li>
Tower 2, 20-storeys - The Farrier: The facade design concept is derived from the materiality and tectonic nature of the farriers tools. This is represented by the curvaceous external balconies forms which are asymmetrically offset to create a sculptural form.</li>
	<li>
Tower 3, 14-storeys - Silks: The facade design concept references the silky shiny colours of the jockeys outfit. The smooth curved form of the floor plan is emphasised by glassy exterior treatment, this is contrasted by the striking colours which highlight the recessed balconies.</li>
</ul>
The IDC for the Epsom Road seeks to deliver a high quality, high-density residential development at the apex of the Racecourse Road Activity Centre and Flemington Racecourse, providing a gateway to the precinct. The IDC allows for a 31-storey proposal with a total of 398 dwellings, based on a built form that comprises of a typical tower and podium format.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/flemington_life_epsom_rd.jpg" rel="gallery-all" title="Epsom Road Indicative Development Concept. Image courtesy Woods Bagot"><img alt="" class="image-article-full-width-580px" height="318" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/flemington_life_epsom_rd.jpg?itok=zpBcHn5c" title="Epsom Road Indicative Development Concept. Image courtesy Woods Bagot" width="580"></a>

<figcaption>Epsom Road Indicative Development Concept. Image courtesy Woods Bagot</figcaption></figure>While heavy with detail, it is worth noting that the above designs and images still designated as development concepts created to provide an indication of the planning controls that Greenland Group and Woods Bagot are seeking push through. Whether the development team largely retain the above designs once each land parcel is subject to individual planning submissions remains to be seen.
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Laurence Dragomir

Horses for courses: Greenland Group's Flemington Life in detail

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News broke yesterday of Victoria Racing Club's new premium 18,000 square metre members stand to be situated on the site of what is now the Members' Old Grandstand.
Dubbed The Club Stand, the facility is expected to be operational by November 2017 and further boost VRC's member count beyond the current 30,000.  Whilst VRC has done a mighty job promoting the new venue, we thought we'd highlight architect Bates Smart's take on The Club stand.
<blockquote>
	"In contrast to traditional sports stadia, the Club Stand presents itself in the round.  In doing so it captures the spirit of the promenading which enhances enjoyment of a day at the races.  The sweeping curvilinear forms promote this unique movement and energy.
</blockquote>
<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/Image5_22.jpg" rel="gallery-all" title="Eastern curves of The Club stand. Image © Bates Smart"><img alt="" class="image-article-full-width-580px" height="352" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/Image5_22.jpg?itok=nHJa6A1g" title="Eastern curves of The Club stand. Image © Bates Smart" width="580"></a>
<blockquote>
	The design acknowledges site context in which the theatre of horse racing is played out on all sides - mounting yard, track and members’ lawn to the south; parade ring and day stalls to the east; betting ring to the north; existing grandstands and winning post to the west. 
	The spaces inside the building are to be imbued with a sense of history without feeling beholden to it - featuring elements of the past, but interpreted with clean and sophisticated lines in a modern style, using warm materials. The story of Flemington Racecourse and the VRC is to be woven into the fabric of the building through material, pattern, pictorial and artefact reference and displays.
	The Club Stand is designed to build on the existing heritage at Flemington, and in turn to be an iconic part of the heritage of Flemington’s future."
</blockquote>
<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/Image7_23.jpg" rel="gallery-all" title="Anticipated timeline. Image © VRC"><img alt="" class="image-article-full-width-580px" height="187" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/Image7_23.jpg?itok=bLOhUEWP" title="Anticipated timeline. Image © VRC" width="580"></a>
Whilst the existing stand is heritage listed, the VRC is confident that the new facility will proceed.  Should it do so, owing to its shape "The five-level Club Stand offers sweeping 360-degree views of the Mounting Yard, race track and Members’ Lawn to the south; Parade Ring and raceday horse stalls to the east; Betting Ring to the north; and existing grandstands and Winning Post to the west."  Let's not neglect the CBD, Dandenongs and Bay views as well.
Given the VRC sold near on 3 hectares of unused land fronting Epsom Road to Chinese developer Greenland Group in order to part finance the new Club Stand, one wonders whether the image below will be framed by residential towers in the not too distant future?
<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/Image9_16.jpg" rel="gallery-all" title="Frontal exposure. Image © Bates Smart"><img alt="" class="image-article-full-width-580px" height="230" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/Image9_16.jpg?itok=TRWzF5WT" title="Frontal exposure. Image © Bates Smart" width="580"></a>
Further reading:
<ul>
<li>
		http://media.melbournecup.com/site_media/uploads/vrc-new-club-stand-brochure-2014.pdf</li>
	<li>
		http://www.batessmart.com.au/uploads/projects/03_Hospitality/victoria-racing-club/VRC_2pp.pdf</li>
</ul>
</body></html>

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