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

Footscray

The brief for <a href="/buildings/cowper-residences-footscray-34-cowper-street-footscray">Cowper Residences</a> in <a href="/developments/footscray-vic-3011">Footscray</a> was straightforward enough: a residential community of around 400 homes, designed for enduring value and built to last using high-quality materials.

The triangular Cowper Street site however presented multiple challenges along with extraordinary opportunities.

Toby Lauchlan, multi-residential partner at community-focused design studio <a href="/architects/clarke-hopkins-clarke-0">ClarkeHopkinsClarke Architects</a>, says the highly collaborative client and project team saw a great location for an inclusive, walkable community of flexible typologies to suit diverse residents who value quality materiality and seamless connections to each other and the broader neighbourhood.

“The site was zoned for six and 10 storeys but it wasn’t huge, and it had three very different interfaces with surrounding streetscapes,” Lauchlan said.

[smartcode_project:default project_id=4761 project_image_fid=21421]

“The residential interface along Cowper Street was single story, and the other boundaries were hard up against the rail line and Hopkins Street, one of <a href="/developments/footscray-vic-3011">Footscray’s</a> busiest mixed-used streets. But the site was literally surrounded by everything that makes Footscray great - <a href="/developments/footscray-vic-3011">a very diverse neighbourhood</a>, industrial architecture with loads of character, fantastic amenities including public transport, retail, hospitality, arts and culture, employment, and education. Plus local institutions like Footscray Market and Flemington Racecourse, and incredible views in all directions."

Lauchlan said they knew they needed&nbsp;to avoid a singular expression and provide an answer that was multi-faceted, with a diversity of spaces, heights, scales and materials.

"It had to be a fine grain collection of buildings connected by communal spaces including beautiful landscaped gardens and terraces, all which would contribute to the character of Cowper Street and the broader neighbourhood.”

Instead of simply going upwards, like so many surrounding developments, the architects drew on ClarkeHopkinsClarke Architects’ distinctive Creating Vibrant Communities methodology and urban design expertise to maximise the entire site.

Double-height SOHOs and three-storey townhouses are located along and off low-rise Cowper Street. Six and 10-storey apartment precincts are set back towards the rail line and Hopkins Street interface.

At ground level, an entry plaza accommodates retail and hospitality tenancies and leads to a welcoming landscaped courtyard on the expansive podium. These communal spaces are destinations in themselves, not merely thoroughfares, with the built form and landscaping maximise 360-degree views.

[smartcode_project:default project_id=4761 project_image_fid=21420]

Multiple entry and exit points create easy flow and surrounding connections. SOHOs and retail and café tenancies activate the ground plane. A new side street, unusual in a development of this size, creates a townhouse precinct for larger homes with separate entrances.&nbsp;

The design considers residents’ interactions, outlooks&nbsp;and public-private interface, and connects them in multiple ways to <a href="/developments/footscray-vic-3011">Footscray’s bustling activity</a> and to each other – via the podium-level gym with multiple access points and gobsmacking views, for example, and shorter-than-usual apartment corridors, which increase casual interactions between neighbours.

The 364 apartments, 16 townhouses and 10 SOHOs each required distinctive, complementary architectural forms and interior identities, and options for residents to upgrade to deluxe finishes and fixtures.

ClarkeHopkinsClarke senior interior designer, Sa Bayley, capitalised on the apartments’ spacious, light-filled interiors with warm tones, natural palettes and textured materials including charcoal groove feature panelling, refined bathroom tiles and engineered timber flooring.

[smartcode_project:default project_id=4761 project_image_fid=214425]

Corridors awash with views and natural light feature Deco-inspired way finding, timber-texture ceiling battens, graphic wall murals and subtle differences on each level, avoiding hotel-like sameness.

The SOHOs are warehouse loft-like spaces with warm textures and industrial touches like exposed brick facades, warm concrete ceilings, groove panel joinery, crisp white walls, balustrades of black powder-coated steel and mesh and exposed track lights.

Their flexible floorplans feature a gorgeous, glazed, street-front office with its own entry and views onto tree-lined Cowper Street. For those not running a business from home these spaces are also being used as dens, studies or additional bedrooms or living spaces.

With 3.7-metre-high ceilings and clerestory windows, these refined spaces feel particularly voluminous. The SOHOs also feature a private courtyard with separate entry directly into the home’s main living and dining spaces, and bedrooms and balconies energised by city views.

In a new side-street introduced to create a comfortable spaciousness within and between residential precincts, three-storey, three-bedroom townhouses provide similarly flexible floorplans, making them easy to re-configure&nbsp;over time as needs and preferences change.

[smartcode_project:default project_id=4761 project_image_fid=21418]

They all feature private entrances, balconies, courtyards and high-end fixtures and fittings, with upgrade options including brass tapware and Herringbone floors.

Residential precincts are linked by abundant landscaping designed by MDG Landscape Architects. This includes private courtyards, terraces and balconies as well as communal spaces like the&nbsp;central courtyard and the rooftop gardens and terraces atop the apartment precincts. Planting is a lush mix of natives, flowering trees, vines and grasses.

Precincts and buildings are oriented, constructed and specified for&nbsp;passive solar design, maximising natural light, ventilation, thermal mass, acoustic privacy, rainwater collection and indoor-outdoor connectivity.

They also maximise views in all directions, from the glazed southern wall of the gym to terraces with vistas of the docks and considered framing of city and treetop-views in the apartment precincts’ shared corridors and lift lobbies.

[smartcode_project_cta:default project_id=4761]

Cowper Residences reinvents a tricky site in Melbourne’s inner west through sustainable placemaking, inventive typologies and robust local character

alisonwarters@gmail.com

How a Footscray car yard was transformed into a community-focussed precinct

Growland continue to achieve milestone after milestone at their <a href="/developments/footscray-vic-3011">Footscray</a> masterplan, <a href="/buildings/victoria-square-8-hopkins-street-footscray">Victoria Square</a>.&nbsp;

The integrated community at <a href="/buildings/victoria-square-8-hopkins-street-footscray">8 Hopkins Street</a> will comprise six towers and 939 apartments when it's completed.

Apartments in the first stage <a href="/buildings/victoria-square-8-hopkins-street-footscray">of the development</a> are completed and settled, with stage two soon set to follow suit after L.U Simon Builders completed the second building.

Renowned <a href="/architects/fk-australia">architecture firm Fender Katsalidis</a> drew&nbsp;inspiration from the surrounding environment for the design. A rhythmic pattern adorns the facade, combining concrete and shading to create a textured and visually engaging exterior that extends into the interiors.&nbsp;

[smartcode_project:default project_id=1187 project_image_fid=170413]

<a href="/architects/fk-australia">Fender Katsalidis</a> Interior Designer, Cassandra Fahey, said they want people to feel that they really belong to a place.&nbsp;

“We aimed to find a balance for the interiors between the <a href="/developments/footscray-vic-3011">historical story of Footscray</a> — the down to earth, edgy vibe — and the contemporary urban scene that’s lively and bespoke."

FK Director James Pearce said they wanted to&nbsp;celebrate a sense of ownership and belonging to a place.

"That’s why we’ve weaved the <a href="/developments/footscray-vic-3011">spirit of Footscray</a>&nbsp;and the contour of the river through the design. The pattern isn’t just an afterthought, it’s essential to how the building is constructed and experienced," Pearce said.

A host of world-class amenities are also on offer for residents of <a href="/developments/melbourne-vic">Victoria Square</a>. The development boasts Australia's first and only Olympic-sized aerial outdoor track, while the 2,400 sqm sky garden, situated atop the four-level podium, provides panoramic views of the city, giving residents a serene oasis within the bustling urban landscape.

[smartcode_project:default project_id=1187 project_image_fid=80716]

There's also a heated indoor pool, with <a href="/developments/melbourne-vic">Melbourne's skyline</a> serving as the backdrop to the space, in addition to a gym, private dining room complete with a commercial kitchen and bar, and a thriving retail and dining precinct with a variety of cafes, bars, supermarkets and restaurants.&nbsp;

Beyond the allure of the development itself, the location of <a href="/developments/melbourne-vic">Victoria Square</a> adds to its appeal. Situated between the trendy neighbourhoods of <a href="/developments/kensington-vic-3031">Kensington</a> and <a href="/developments/yarraville-vic-3013">Yarraville</a>, and just under four kilometres away <a href="/developments/melbourne-vic">from the CBD</a>, <a href="/developments/footscray-vic-3011">Footscray</a> serves as a gateway to both the city centre and the western suburbs. The proximity to fashionable suburbs like <a href="/developments/williamstown-vic-3016">Williamstown</a> and <a href="/developments/seddon-vic-3011">Seddon</a>, along with popular beaches, further enhances the attractiveness of this cultural hub.

One-bedroom apartments are priced from&nbsp;$398,000. Two-bedroom units start at $547,000 and the three-bedroom apartments from&nbsp;$850,000.&nbsp;

[smartcode_project_cta:default project_id=1187]

Renowned architecture firm Fender Katsalidis drew inspiration from the surrounding environment for the design

Buyers to move into Growland's second stage of Victoria Square in Footscray

At the Western gateway to Melbourne, Footscray has become one of the city's most popular destinations for those seeking an inner-city lifestyle.&nbsp;

As the area continues to grow and develop, Bensons Property Group's Liberty One has emerged as a beacon of luxury living, offering an unparalleled opportunity to experience all that Footscray has to offer, with the group welcoming the first crop of residents recently.&nbsp;

The development boasts 24 levels, including a rooftop and four levels of basement car park, comprising of 378 one, two and three-bedroom apartments and 10 retail shop tenancies across the ground floor.

[smartcode_project:default project_id=709 project_image_fid=211787]

There's been a big uptake from first home buyers at Liberty One, with the location of the project a major drawcard a Bensons' spokesperson said.&nbsp;

"Situated just five kilometres from the CBD, residents are within proximity to a bustling and diverse foodie culture, along with proximity to transport, retail and major education institutions."

"Now that the project is completed, its and exciting time for buyers to walk through the spaces and really envision their future home."

With prices for a one-bedder starting from $509,850, first home buyers have also been keen to call the Footscray development home, with the option to secure an apartment with just a $10,000 deposit another drawcard.&nbsp;

Designed by CHT Architects, Liberty One takes on a modern and sleek design, with floor-to-ceiling windows that, as you ascend up the floors, only help to display the expansive view lines from the tower even more impressively.&nbsp;

[smartcode_project:default project_id=709 project_image_fid=210299]

A suite of residential amenity is on offer at Liberty One, with the rooftop a stand out feature, offering communal barbecue spaces, a lounge area, and an outdoor cinema.&nbsp;

The ground floor Joseph Road Precinct is abuzz with convenient amenity as well, with the 12,000 sqm space home to cafes, wine bars, three new parks, yoga studios, gyms and a large scale commercial supermarket.&nbsp;

The tree-lined and town-square-styled boulevards open up the project, spilling retail and dining out from within, while also creating a metaphorical link between the flow of the river and the dynamic culture of Footscray.

Liberty One has also been pitched to the investor market, with a five-year residential lease guarantee on offer. This scheme provides buyers with a consistent return of five per cent gross net for five consecutive years, meaning a stable cash flow and no vacancies.&nbsp;

[smartcode_project:default project_id=709 project_image_fid=210301]

There's been a strong uptake from both local and interstate investors, with Liberty One's price point highly competitive when compared to other markets, such as the Sydney market.&nbsp;

"Investors have also been strongly encouraged by the government's investment in infrastructure, including the West Gate Tunnel project and Footscray hospital upgrades."

One, two and three-bedroom floorplans still remain at Liberty One, with two-bedders priced from $693,365 and three-bedders from $921,733

[smartcode_project_cta:default project_id=709]

 First residents move into Footscray apartments, Liberty One

It's a rare feat to find new, completed and ready to move in apartments in Melbourne’s inner-city at the moment.&nbsp;

A number of developments have been hit by extreme worker shortages, the pandemic, and rising material costs, resulting in prolonged construction times.&nbsp;

A handful of developers have managed to overcome these, prevailing through to deliver, with a handful even welcoming their first residents this year.&nbsp;

We’ve taken a closer look at some of the ready-to-move-in options across Melbourne.&nbsp;

<h2>HOME&nbsp;</h2>

[smartcode_project:default project_id=24441 project_image_fid=167645]

Located in Alphington at the corner of Heidelberg Road and Chandler Highway, HOME sits atop the highest and most prominent position in the Alphington Paper Mill Development.

Sleek lines and bold design create this landmark building. The brick podium is a nod to the industrial heritage of the site whilst the parallel lines of the curved glazed tower showcase the latest in contemporary architecture.

Every material used on the exterior is raw and timeless. Brick, concrete, timber, metal and glass forms are cleverly sculpted together to reveal vast inner spaces. And space is something you'll find in abundance at HOME.

The leafy, riverside, sits just 6.5-kilometres north-east of the city, with HOME comprising 16 stories of terrace homes, sky homes and apartments.

[smartcode_project:default project_id=24441 project_image_fid=84979]

All of the one-bedroom apartments have already been sold in HOME, with a handful of two and three-bedders remaining. &nbsp;

Cera Stribley collaborated in the design of the residences, with all 326 apartments featuring large floorplans and light-filled living spaces.&nbsp;

Designed with the homeowner in mind, the 326 apartments feature large floor plans, light-filled living spaces and the modern must-haves, with generous storage, quality appliances, secure parking, concierge services and home automation technology.

The Terrace Homes offer an exclusive living option within HOME, with each spread across three spacious levels.&nbsp;

Natural materials reign supreme throughout, with wood grain joinery, wool-rich carpets, solid timber partitions and brass metal handles giving the living spaces a refined, pared-back feel.

[smartcode_project:default project_id=24441 project_image_fid=84981]

The proportions are generous as well, with three queen-sized bedrooms in each Terrace Home, along with walk-in and fitted robes and ensuites.

Abundant natural light features through the open plan living spaces, with floor-to-ceiling windows, a double-height lightwell above the lounge and bi-fold doors opening out to the expansive balconies as well.&nbsp;

<h2>Ovation</h2>

<h2>Developer: Keystone Property Group</h2>

[smartcode_project:default project_id=5490 project_image_fid=78490]

Located in the heart of Footscray, Ovation reaps all the benefits of inner-city living, maintaining proximity to public transport, schools, dining and recreational amenity, while still feeling like its own set place.

Locals Keystone Property Group are the developers behind Ovation, which comprises 131 residences with a mix of two and three-bedders remaining.&nbsp;

Keystone are no strangers to the burgeoning Footscray area, with the developers boasting a string of already sold out projects, including, The Buckley and Victoria Corner.

Kavellaris Urban Design (KUD) handled the design of Ovation, with owner Billy Kavellaris saying the vision was to honour Footscray’s unique architectural character, while still establishing a new level of design ingenuity for the area.

[smartcode_project:default project_id=5490 project_image_fid=78497]

The building’s form is bold in its depiction of recessed voids, unique shapes and protrusions, with a layer of greenery added through the landscape design which is integrated tactfully into the recesses on the façade, juxtaposing the building’s built form with lush, natural beauty.

The interiors of Ovation are also very much defined by what exists outside of the apartments, with full height windows inviting in ample sunlight and stunning views of the city skyline and surrounding streetscapes.

Textured timber joinery teams with oak floors, imbuing living spaces with a neutral warmth; a blank canvas of sorts for buyers to fill with their own memories and moments.&nbsp;

Kitchen bench tops are appointed with a modern concrete finish for style and durability, next to plentiful integrated storage.&nbsp;

<h2>Yarra One</h2>

<h2>Developer: EcoWorld International&nbsp;</h2>

[smartcode_project:default project_id=3127 project_image_fid=181982]

EcoWorld's recently completed South Yarra apartment development, Yarra One, was a solid addition to the group's already substantial international portfolio.

Carrying on the traditional themes see throughout other EcoWorld projects, the completed Claremont Street development is designed with liveability and lifestyle in mind.

Presenting as the finishing touch to the elite Forest Hill pocket of South Yarra, Yarra One delivers 250 residences, designed by multi-disciplinary international design firm, Fender Katsalidis.

The 27-storey tower offers a mix of one, two and three-bedroom apartments, as well as a collection of penthouses, with floor plans spanning from 56 sqm up to 109 sqm.

[smartcode_project:default project_id=3127 project_image_fid=181983]

In designing Yarra One, Fender Katsalidis envisioned the birth of a new urban space to unwind and connect for the community and neighbours of Forrest Hill alike.

The location of Yarra One’s atrium between the South Yarra train station and Chapel Street makes it a key destination and gathering place for residents and neighbours of South Yarra, while the tower’s façade and slender linear form speaks directly to the existing language of its neighbouring towers.

Buyers will be at home with a residents' dining room, wine cellar, and rooftop terrace with barbecue facilities, along with a gym, yoga room, outdoor spa, sauna and steam room, pet wash and Tesla car share services.

[smartcode_project:default project_id=3127 project_image_fid=181997]

With a number of developers hit by worker shortages and rising material costs, we’ve taken a closer look at some of those who have prevailed through, with a handful of ready-to-move-in options across Melbourne now. 

The top Melbourne apartments welcoming residents now 

A crop of new residents will soon be calling Footscray home.

The Keystone Property Group project, Ovation, recently topped out, with Platinum Construction behind the build of the inner-city apartments.

[smartcode_project:default project_id=5490 project_image_fid=78497]

Located just 5.6 kilometres from the Melbourne CBD, Footscray is one of those rare suburbs that, while possessing a strong village-like atmosphere, enjoys the same connectivity to that of a city fringe locale.

Designed by architects, Kavellaris Urban Design (KUD), Ovation delivers 131 residences to the heart of the suburb, with a mix of two and three-bedroom apartments.&nbsp;

Ovation’s façade speaks to the domain’s industrial past, featuring red brick, concrete and steel, while the interiors have been designed to evoke a homely atmosphere and a sense of familiarity for its residents.&nbsp;

[smartcode_project:default project_id=5490 project_image_fid=78494]

Textured timber joinery teams with oak floors, imbuing living spaces with a neutral warmth - a blank canvas of sorts, to suit every buyer’s style.&nbsp;

Kitchen benchtops are appointed with a modern concrete finish for style and durability, next to plentiful integrated storage.&nbsp;

The interiors of Ovation are also very much defined by what exists outside of the apartments, with full height windows inviting in ample sunlight along with views to the city skyline and surrounding streetscapes.

Bringing a layer of greenery to the development, John Patrick Landscape Architects designed the verdancy to integrate tactfully into recesses on the façade, juxtaposing the building’s built form with lush, natural beauty.

[smartcode_project:default project_id=5490 project_image_fid=78492]

Two and three-bedders can still be snapped up in the development, with prices starting from $572,500.

[smartcode_project_cta:default project_id=5490]

Located just 5.6 kilometres from the Melbourne CBD, Footscray is one of those rare suburbs that, while possessing a strong village-like atmosphere, enjoys the same connectivity to that of a city fringe locale.

Construction wraps on Footscray apartments, Ovation

Residents at the soon to be completed Liberty One in Footscray will be in a prime position on the doorstep of the upcoming vibrant retail precinct, Joseph Road.

Liberty One by Bensons, which recently held a traditional topping out ceremony of the 24-level, 375-apartment building, is a stones throw from the huge 12,000 sqm precinct, offering both owner-occupiers and investors a reason to invest in the Warde Street tower.

Joseph Road will feature a number of&nbsp;restaurants, cafes and wine bars, as well as three parks, yoga studios and gyms, and&nbsp;a 550 sqm large-scale commercial supermarket.

[smartcode_project:default project_id=709 project_image_fid=29990]

Newly designed bike paths within the precinct will provide residents of Liberty One seamless connections between Footscray and surrounding areas, including Melbourne’s CBD which is just four-kilometres away.

After being recognised as a priority precinct, Footscray forms the cultural heart of the west and is also a major health and education centre. It is the gateway between Melbourne’s CBD and the wider western suburbs, providing key access beyond the city limits to regional Victoria.&nbsp;

The State Government has committed $31 billion to the local area which will be invested across a range of sectors by 2026 with projects like the $15 million Metro rail, the $6.1 billion West Gate Tunnel and the $1.5 billion Footscray Hospital redevelopment, giving buyers even more reason to invest in Liberty One.

[smartcode_project:default project_id=709 project_image_fid=97123]

The second release of Liberty One is now selling, with a selection of one, two and three-bedroom apartments still available.&nbsp;

With high demand for the project and increasing popularity of the suburb, a premium second release launched to include an upgraded interior scheme, featuring the latest cutting-edge home technology.

[smartcode_project_cta: project_id=709]

Joseph Road will home a number of restaurants, cafes and wine bars, as well as three parks, yoga studios and gyms, and a 550 sqm large-scale commercial supermarket

Why Liberty One's proximity to the Joseph Road precinct is drawing buyers

The under-construction Ovation Footscray is nearing completion, with the final touches being added to the Buckley Street residences.

Platinum Construction have been building the inner-city apartments, which is expected to welcome its first residents by September this year.

[smartcode_project:default project_id=5490 project_image_fid=78490]

Landing just 5.6 kilometres from the Melbourne CBD, Footscray is one of those rare suburbs that, while possessing a strong village-like atmosphere, it enjoys the same connectivity to that of a city fringe locale.

Located&nbsp;in the heart of Footscray, Ovation reaps all the benefits of these attributes, maintaining proximity to public transport, schools, dining and recreational amenity, while still feeling like its own set place.

Inner-city locals, Keystone Property Group are the developers behind Ovation, which will comprise 131 residences upon completion.

[smartcode_project:default project_id=5490 project_image_fid=78492]

Keystone are no strangers to the burgeoning Footscray area, with the developers boasting a string of already sold out projects, including, The Buckley and Victoria Corner.

<a href="/architects/kavellaris-urban-design" target="_blank">Kavellaris Urban Design</a>&nbsp;(KUD) handled the design of Ovation, with owner, Billy Kavellaris saying the vision was to honour Footscray&rsquo;s unique architectural character, while still establishing a new level of design ingenuity for the area.

[smartcode_project:default project_id=5490 project_image_fid=78493]

&ldquo;Positioned in one of Melbourne&rsquo;s fastest emerging domains, innovation and liveability were of equal importance when designing ovation,&rdquo; Kavellaris said.

Ovation delivers a collection of one, two and three-bedroom apartments, starting from $585,000.

[smartcode_project_cta: project_id=5490]

Platinum Construction have been building the inner-city apartments, which is expected to welcome its first residents by September this year

Ovation, Footscray apartments, set to welcome residents by Spring

Keystone Property Group&rsquo;s latest Footscray offering delivers Ovation to the inner-west of Melbourne, marking the project as the nearly the 10th development in the area for the group.

Designed by&nbsp;<a aria-label="Kavellaris Urban Design - opens in new tab" data-uw-rm-brl="false" data-uw-rm-ext-link="" data-uw-styling-context="true" href="/architects/kavellaris-urban-design" target="_blank" uw-rm-external-link-id="https://www.urban.com.au/architects/kavellaris-urban-design$kavellarisurbandesign">Kavellaris Urban Design</a>&nbsp;(KUD), Ovation comprises 131 residences, with a mix of one, two and three-bedroom apartments.

[smartcode_project:default project_id=5490 project_image_fid=78492]

&ldquo;Positioned in one of Melbourne&rsquo;s fastest emerging domains, innovation and liveability were of equal importance when designing Ovation,&rdquo; said KUD Owner,&nbsp;Billy Kavellaris.

Situated at 94 Buckley Street, Footscray, Ovation immerses itself in the diverse and multi-cultural charm of the suburb. &nbsp;

Having experienced rapid-fire gentrification in recent years, the inner-western gem now plays host to a vibrant caf&eacute; culture and a melting pot of eateries churning out flavours from across the globe.

Just three minutes down the road is the bustling Victoria Street, where in-demand cafes like Common Galaxia, Hunter&rsquo;s Harvest and Alfa take residence, while at night, Footscray is equally as equipped, playing host to a bevy of sleek wine bars, lively restaurants, casual eateries, with both Victoria St and Barkley St coming to life with a selection of riverside destinations.

Ovation buyers will be nearby to a range of recreational offerings with a flurry of green, open spaces and leafy retreats peppering the suburb.

[smartcode_project:default project_id=5490 project_image_fid=78497]

The closest park to the project, Bristow Reserve, sits just 700 metres away, with two playgrounds, two barbeques spaces and a pergola.

Ovation is also close by to Footscray Park, which sits beside a stretch of the Maribyrmong River, providing further amenity for residents.

Stretching from Mount Macedon to Port Phillip Bay, the Maribyrnong River trail passes a myriad of parks and attractions including&nbsp;<a href="/developments/footscray-vic-3011">Footscray</a>&nbsp;Community Arts Centre,&nbsp;<a href="/developments/footscray-vic-3011">Footscray</a>&nbsp;Park, and Flemington Racecourse.

&ldquo;<a href="/developments/footscray-vic-3011">Footscray</a>&nbsp;is one of those rare suburbs that, while possessing a strong village atmosphere, enjoys connectivity characteristic to that of a city fringe locale.&rdquo;

CoreLogic data shows Footscray apartments are selling up to eight per cent higher compared to last year, positioning Ovation as a hot buy for investors and owner-occupiers alike.

Further playing into the card of the investor, the median weekly rent for the suburb sits around $350 with the median gross yield at 3.5 per cent according to CoreLogic.

[smartcode_project:default project_id=5490 project_image_fid=78494]

Since their inception Keystone has developed more than 450 properties across 17 projects, with particular experience across growth suburbs such as Footscray, Brunswick and Prahran.

The group currently has a number of other projects in the pipeline and under construction, including The Buckley and Victoria Corner in Footscray, VOX in Prahran, and Ensemble in Elwood.

[smartcode_project_cta: project_id=5490]

Having experienced rapid-fire gentrification in recent years, the inner-western gem now plays host to a vibrant café culture and a melting pot of eateries churning out flavours from across the globe.



Around Keystone’s Footscray apartments, Ovation

The Melbourne property developer Bensons Property Group is well on track to have residents move into their new Liberty One, Footscray apartment project by the end of the year.

Next week Bensons will top out the project&nbsp;at the Warde Street site, ideally located soaring 24 levels overlooking&nbsp;Flemington Racecourse and the Maribyrnong River.

The tower will also benefit from the burgeoning Joseph Road precinct, some 12,000 sqm&nbsp;of restaurants, cafes and wine bars, three new parks, yoga studios, gyms and a large-scale commercial supermarket, right at Liberty One&rsquo;s doorstep.

[smartcode_project:default project_id=709 project_image_fid=29990]

Liberty One was designed by CHT Architects, whose&nbsp;design intent was to create a building that reinforces the metaphorical link between the flow of the river and the dynamic culture of Footscray.

Residents are connected to the surrounds both inside and outside of their apartments. Each apartment features floor to ceiling windows, spacious terrace balconies and the latest in smart home technologies.

[smartcode_project:default project_id=709 project_image_fid=97120]

Sora Interior Architecture &amp; Design handled the apartment interiors, with the result at Liberty One a creation of spaces that&nbsp;people want to engage with; places to eat, to stay, to sleep and work.

Residents are at one with nature in the building facilities. The&nbsp;dedicated communal rooftop space complete with an open-air yoga space, meditation zone and gym.

[smartcode_project:default project_id=709 project_image_fid=198443]

As the social bedrock of the building, the rooftop is complete with high-end cooking facilities, as well as indoor and outdoor lounge and dining areas and an outdoor cinema.

One-bedroom apartments are&nbsp;priced at $496,975, with two-bedders&nbsp;from $693,365&nbsp;and the biggest apartments on offer, the three-bedrooms,&nbsp;from $943,219.

[smartcode_project_cta: project_id=709]

As the social bedrock of the building, the rooftop is complete with high-end cooking facilities, as well as indoor and outdoor lounge and dining areas and an outdoor cinema


Liberty One Footscray apartments approach completion 

Keystone Property Group are well on track to deliver its latest apartment development, Ovation, in the heart of the burgeoning Footscray area.

Ovation, on the popular&nbsp;Buckley Street, is currently being built by&nbsp;Platinum Construction and will home&nbsp;131 one, two, and three-bedroom apartments just over five kilometres from the Melbourne CBD.

Kavellaris Urban Design (KUD) handled the design of Ovation.

KUD&#39;s&nbsp;Billy Kavellaris said the&nbsp;vision for the Buckley Street development was to honour Footscray&rsquo;s unique architectural character while still establishing a new level of design ingenuity for the area.

[smartcode_project:default project_id=5490 project_image_fid=78492]

&ldquo;Positioned in one of Melbourne&rsquo;s fastest emerging domains, innovation and liveability were of equal importance when designing ovation,&rdquo; Kavellaris said.

The fa&ccedil;ade speaks to the domain&rsquo;s industrial past, exhibiting red brick, concrete and steel, while the building&rsquo;s form is bold in its depiction of recessed voids, distinctive shapes and protrusions.

Bringing a layer of greenery to the development, the landscape design by John Patrick Landscape Architects is integrated tactfully into recesses on the fa&ccedil;ade, juxtaposing the building&rsquo;s-built form with lush, natural beauty.

[smartcode_project:default project_id=5490 project_image_fid=78495]

According to the architects, Ovation&rsquo;s interiors were designed to evoke a homely atmosphere and a sense of familiarity in residents.

Featuring textured timber joinery teamed with oak floors, kitchen bench-tops are appointed with a modern concrete finish, along with brushed-nickel and matte black tap-ware, Bosch appliances and integrated storage.

The interiors of Ovation are also very much defined by what exists outside of the apartments, with full height windows enveloping residences with natural sunlight whilst also providing vistas to the city skyline and surrounding streetscapes.

[smartcode_project:default project_id=5490 project_image_fid=78490]

Level one of Ovation is where the residential amenities are located. The facilities include a lap pool, theatre, and barbecue and dining areas.

On the outskirts of the Melbourne CBD, Footscray is a rare suburb&nbsp;that, while possessing a strong village atmosphere, enjoys connectivity characteristic to that of a city fringe locale.

Located in the heart of Middle Footscray, Ovation reaps all the benefits of this attribute, close to public transport and an exorbitant list of convenient amenity.

[smartcode_project_cta: project_id=5490]

KUD's Billy Kavellaris said the vision for the Buckley Street development was to honour Footscray’s unique architectural character while still establishing a new level of design ingenuity for the area


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