A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Joel Robinson

Rainbow Bay apartment doubles in price since off the plan sale during pandemic

The long-planned transformation of Brisbane's historic Shafston Estate has taken another major step, with Capella Hotel Group announced as the luxury hospitality partner behind what will become Brisbane's first branded residences.

The project, to be known as Capella Residences Brisbane, is being delivered by Verso Projects at the landmark Kangaroo Point riverfront estate, with completion targeted for 2029.

The announcement follows a series of planning changes to the project over recent years. The site was originally approved in 2023 for a 15-level, 37-apartment development designed by Rothelowman for Burgundy Group before Verso Projects took over the 10,070 sqm riverfront holding and lodged revised plans with Kerry Hill Architects to increase the development to a 25-level tower with 51 apartments.

The latest announcement confirms Capella Hotel Group will bring its branded residential offering to the project, marking just the second Capella Residences development globally after Seoul, and the group's first branded residential project in Australia.

The <a href="https://www.apartments.com.au/new-apartments/23-castlebar-street-kangaroo-point-qld-4169">Castlebar Street development</a> will centre around the restoration of the heritage-listed Shafston House, one of Brisbane's oldest residences, originally constructed in 1851 by Reverend Robert Creyke as a single-storey cottage known as Ravenscott.

<img alt="Capella" data-entity-type="file" data-entity-uuid="2b9f4ce5-638f-4d6b-8082-3ca7e4b75fca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-09%20at%207.20.41%E2%80%AFAM.png?VersionId=f7aeqsW_DzOJI4FymWb3lD8NptSfsP7q" />

Capella said the project aligns with its focus on heritage-led developments, with the Brisbane estate combining the restored historic residence with a new luxury apartment tower and hospitality-inspired resident amenities.

Residents will have access to the Capella Living Room, a concierge-led communal space inspired by the group's luxury hotels, alongside landscaped gardens, six swimming pools, wellness and recreation facilities.

The broader estate will also include two riverfront homes, a six-berth private marina, porte cochère arrival experience, secure basement parking and a new section of public riverwalk along the Brisbane River frontage.

The heritage Postal Depot Building will also be retained and repurposed as a guest house, in line with the revised development plans.

The project represents another evolution for the site, which Kerry Hill Architects previously described as a rare opportunity to restore one of Brisbane's most significant heritage estates while creating a new benchmark for apartment living.

"The Shafston Estate provides a once-in-a-generation opportunity to restore one of Brisbane's finest heritage precincts and to reinstate residential use as a unique site perched on the edge of Kangaroo Point," Kerry Hill Architects said in its Urban Context Report accompanying the planning submission.

"The project will celebrate excellence in sub-tropical residential design, setting a new benchmark for vertical living in Brisbane."

Verso Projects, which now has an $8.5 billion development pipeline spanning more than 6,000 dwellings across apartments, townhouses, retail and commercial projects, said the partnership with Capella would elevate the development beyond a traditional residential project.

"We feel honoured to be restoring Shafston Estate to its former glory, elevating it to new heights of luxury and excellence underpinned by Capella's distinctive service ethos and design philosophy, and making it a standout landmark in Brisbane," Verso Projects CEO Steve Laffey said.

"By partnering with Capella, globally recognised for its refined approach to luxury hospitality and deep respect for cultural and historical context, we will elevate this project beyond a residential offering into a world-class destination."

Capella Hotel Group President Roland Fasel said Brisbane's emergence as a global city made it the right location for the company's Australian residential debut.

"Brisbane is a city on the cusp of something remarkable, and Capella Residences is our commitment to being part of that story," Fasel said.

"The Capella residential experience is more than luxury. It is about a sense of belonging to a place with deep meaning."

Private appointments have now opened for the project, with a display suite expected to open in late 2026 ahead of the planned 2029 completion.

Capella to launch Brisbane's first branded residences at Shafston House, Kangaroo Point

Lewis Land's latest apartment release within its <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan is targeting one of the Gold Coast's fastest-growing buyer groups, with almost a third of apartments at Solis priced below $1 million.

The seven-storey building at Biggera Waters will comprise 91 apartments, including 24 one-bedroom residences starting from $778,000, a price point Lewis Land says is aimed squarely at first home buyers struggling to enter the Gold Coast market.

<img alt="Harbour Shires" data-entity-type="file" data-entity-uuid="e7486e37-22f6-4c92-b212-9b0622070b8f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.34%E2%80%AFAM.png?VersionId=W8MJwJUCf6HkIyl_EVSksnd.QI6MZryY" />

<a href="https://www.apartments.com.au/developers/lewis-land-group">Lewis Land</a> Head of Development Michael Long said the developer deliberately allocated a significant proportion of the project to more affordable apartment types.

"First home buyers have been priced out of many parts of the Gold Coast, and we saw a clear opportunity to address this and play our part in a longer-term housing solution," Long said.

"That's why 24 of the 91 apartments being delivered at Solis have been designed and priced for the city's next generation of homeowners, quality one-bedroom apartments, half of which include an additional multipurpose room to maximise space and flexibility.

"This approach places 30 per cent of apartments in Solis under $1 million, and with close proximity to Harbour Town's future light rail extension connecting residents to the city's major employment and knowledge hubs, it's a win for buyers looking to secure their first property."

<img alt="Sores" data-entity-type="file" data-entity-uuid="550526d3-73ba-4710-9739-c5f4294a30ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.29%E2%80%AFAM.png?VersionId=cQQdXHt9wS0UXwZEm5Py5bH_3kAmzyhu" />

Designed by BDA Architecture, Solis will deliver a mix of one, two and three-bedroom apartments, with residences ranging up to 232 sqm. Apartments feature generous balconies and contemporary finishes, while residents will have access to Harbour Shores' lagoon pool, clubhouse, tennis court, gym, yoga studio and sauna.

The focus on first home buyers resonated with purchaser Holly Humphreys, who said she and her boyfriend spent more than a year searching for their first property before shifting their attention from houses to apartments.

"We fell in love with the first house we bid on and got our hopes up, but after repeated knockbacks we learned not to get too attached," Humphreys said.

"We offered at the high end of price guides, but sales kept going even higher. That's where we really struggled and we needed to re-evaluate our budget and our expectations. Standalone houses were off the table, and we pivoted to apartments and townhouses."

Humphreys said it was encouraging to see developers recognising the growing demand from first home buyers.

"There's a growing number of young buyers looking to enter the market earlier because they understand that getting in now can make a real difference as prices continue to rise," she said.

"It's fantastic to see a developer recognise this and then actively take measures to deliver an apartment with us in mind."

Solis is the first development planned within the second stage of the Harbour Shores masterplan, with early works expected to commence in September 2026.

[smartcode_project_cta:default project_id=113271]

Lewis Land targets first home buyers at latest Harbour Shores release, Solis

Luxury apartment developer Abadeen has recorded $19.25 million in apartment sales across two of its Lower North Shore developments in the lead-up to the end of the financial year, headlined by the sale of a $6.75 million penthouse at <a href="https://www.apartments.com.au/buildings/koyo-crows-nest-5-rodborough-avenue-crows-nest-nsw-2065">KOYO in Crows Nest.</a>

The transactions also included the sale of a newly completed three-bedroom apartment at <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences in Cremorne</a> for $6.35 million, with the residence selling shortly after the project's first public inspections following completion.

The sales come as completed, owner-occupier-focused apartments continue to attract strong demand across Sydney's Lower North Shore, particularly from buyers looking for certainty and immediate occupancy.

The penthouse at KOYO spans 491 sqm across a single level and was designed by architect Koichi Takada. The development is one of Abadeen's flagship boutique projects in Crows Nest.

[smartcode_project:default project_id=108800 project_image_fid=370093]

Abadeen Executive Chairman and Founder Justin Brown said buyer activity lifted noticeably in the lead-up to the end of the financial year.

"We saw a clear increase in enquiry levels, inspection numbers and buyer engagement across our completed projects leading into the end of the financial year," Brown said.

"Buyers have become far more decisive over the past six months. The combination of improving confidence, limited supply and the ability to physically inspect completed residences is creating strong competition for premium apartments in the best locations."

Brown says the&nbsp;response to Park Residences following completion has been particularly strong.

"Buyers want certainty and are responding positively to the opportunity to walk through a finished product, inspect the quality firsthand and move in immediately," Brown suggested.

"Projects such as Park Residences and KOYO demonstrate that when the product is exceptional and the location is irreplaceable, buyers are prepared to act quickly."

[smartcode_project:default project_id=114246 project_image_fid=370116]

Abadeen CEO Joe Tack said quality continued to differentiate projects in the current market.

"Today's buyers are incredibly discerning," Tack said.

"They are seeking larger floorplans, premium finishes, walkability, lifestyle amenity and confidence in the developer delivering the project. Well-designed boutique developments continue to outperform because they offer something genuinely difficult to replace.

"The enquiry we are seeing across our completed and recently completed Lower North Shore portfolio is very encouraging, and we expect this momentum to continue into spring."

The sales follow increased enquiry across Abadeen's Lower North Shore portfolio which also includes <a href="https://www.apartments.com.au/buildings/northcote-collective-naremburn-2-northcote-street-naremburn-nsw-2065">Northcote Collective in Naremburn</a> which also completed recently.

KOYO penthouse headlines Abadeen's $19.25 million EOFY sales flurry

The City of Sydney has approved plans for <a href="https://www.apartments.com.au/developers/billbergia">Billbergia Group</a> and Metrics Credit Partners’ $3.5 billion Castlereagh Place project in the heart of the Sydney CBD

The towers will be among the tallest in <a href="https://www.apartments.com.au/developments/sydney-nsw-2000">Sydney</a>'s CBD, with more floors than any other residential tower in the city.&nbsp;

The 6,000 sqm site was acquired by the joint venture partners in 2024. It is the largest amalgamated land parcel in the Sydney CBD and comprises eight individual sites fronting Castlereagh, Pitt and Liverpool Streets.&nbsp;

<a href="https://www.apartments.com.au/new-apartments/castlereagh-place-sydney-324-348-pitt-street-sydney-nsw-2000">Castlereagh Place</a> will transform an underutilised city block into a landmark mixed-use destination, anchored by two 82-storey towers comprising 607 luxury residences above an 8-level podium housing a 209-room luxury hotel. A 1,000 square metre civic park on ground level features a curated mix of food, beverage and retail.

The plans have been refined over the past year to rebalance the residential and hotel offering, and reconfigure the retail footprint to create a stronger, more dynamic dining experience.

A three-level flagship building on the prominent corner of Pitt and Liverpool Streets will be the gateway to the Castlereagh Place lifestyle precinct. Set to become a Sydney icon, the building is capable of housing multiple hospitality venues.

“Castlereagh Place is designed to be the City's next great urban oasis - an energetic mixed-use precinct that pulses with life, day and night,"&nbsp;said Joseph Kinsella, Group Director of Billbergia.

"It will bring the vibrancy of places like Barangaroo and Darling Quarter into a more accessible, central destination at the very heart of Sydney."

Kinsella said the project will build on&nbsp;Sydney’s growing laneway culture with the City’s largest network of new activated lanes - an expanded, next-generation take on precincts like Angel Place, Palings Lane and Ash Street in Wynyard.

[smartcode_project:default project_id=134477 project_image_fid=374401]

Castlereagh Place has been designed by architects <a href="https://www.apartments.com.au/architects/fjc-studio">fjcstudio</a> in collaboration with Trias Studio, Aileen Sage and Polly Harbison Design, joint winners of an international design competition in 2018.&nbsp;

Signature design elements from the original scheme remain unchanged, while the public domain has been significantly enhanced, delivering 60 per cent more open-to-sky space.

Pedestrian access will also be enhanced through new laneways linking Pitt, Liverpool and Castlereagh Streets, drawing people into a new civic park with outdoor seating, landscaping and integrated public art.

With activated laneways supported by strong hospitality offerings, Castlereagh Place is tipped to become a vibrant new dining destination in the heart of Sydney’s CBD.

It marks the largest undertaking to date for the Billbergia and Metrics Credit Partners partnership. Together they are developing other underutilised Sydney sites into mixed-use precincts, including the $2.2 billion Concord Central and the $1.3 billion Chatswood Grand Residences.

Metrics Managing Partner and Group CEO Andrew Lockhart said Castlereagh Place is a landmark project that will redefine Sydney’s skyline.

"As the tallest residential high-rise development, the revitalised site will offer panoramic views across the CBD and surrounds. We are excited to partner with Billbergia to reinvigorate an underutilised site and create a sophisticated and contemporary mixed-use offering situated in the heart of Sydney.”

Total apartments within the towers have increased to 607 dwellings, with a focus on larger floorplans. Aligned to growing market demand, Castlereagh Place now comprises 299 three-plus-bedroom apartments, 198 two-bedroom units and 110 one-bedroom configurations.

[smartcode_project:default project_id=134477 project_image_fid=374402]

Resident amenities will include an exclusive residents club containing a gym, rooftop pool, dining rooms, co-working spaces, library, golf simulator, games room, cinema room, and access to an exclusive concierge service. There will be around 500 basement car spaces below the towers.

The development will also include a state-of-the-art wellness centre, set to feature a bathhouse with magnesium pools, hot/cold plunge pools and premium amenities.

&nbsp;

According to fjcstudio, the towers will feature distinctive yet elegant architectural design reflecting Sydney’s geometry and urban character, with a network of through-site links and intimate public spaces activating the streetscape.

"Castlereagh Place is a city-making project of significant scale and ambition," said Richard Francis-Jones, Design Director at fjcstudio.

"It will create a rich urban complex of public open spaces, landscaped gardens, and vibrant laneways. Defining these new public spaces and the important streetscape of Castlereagh Street is a sequence of fine-grained, diverse retail and hotel architecture designed in collaboration with Aileen Sage, Polly Harbison Design and Trias.

“Rising above the tree-lined, human-scale streetscape are two slender residential towers that will transform the city skyline and look towards the Harbour, Hyde Park, and the Royal Botanic Garden.”

Demolition and early construction works have commenced onsite at Castlereagh Place.

[smartcode_project_cta:default project_id=134477]

Billbergia, Metrics, approved for $3.5 billion Sydney skyscrapers

Footscray

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R&amp;F Property Australia has today turned the sod on what will become one of Footscray’s most significant and largest urban regeneration projects – Live City.
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The site represents a new era for the Kinnears Ropeworks factory. 
The site is centrally positioned between the Victoria University, Western Hospital and Highpoint Shopping Centre.
The sit is being repurposed into a residential and mixed-use precinct of up to 1,450 dwellings. 
Built in 1908, the former Kinnears Ropeworks will require econservation works to be undertaken and R&amp;F Property Australia has told River and Yarraville Ward councillors it is committed to honouring the factory’s industrial past.
It is R&amp;F Property Australia’s first development in Victoria after purchasing the site in August 2016. 
Its experienced development team have been working with Heritage Victoria over the past 18 months to design and deliver an exciting new precinct which carefully balances the site’s State Heritage listing.
<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/2018/4/23/live3.jpg" alt="">
R&amp;F Property Australia vice president Thomas Chiu said the project will create a lively community.
“Live City will set the tone for Footscray’s newest precinct with conservation of three heritage buildings, approximately 1,450 apartments, specialty retail, commercial offices and public spaces to bring this vibrant new community to life,” he said.
“The development comes with a vision to create a sustainable hub that integrates seamlessly with the surrounding local neighbourhood, along with increased housing and amenity for Melbourne’s inner- west. 
“We want to create lively communities that have good transport connections, shops, cafes and access to employment and education facilities,” Mr Chiu said. 
Development will be staged over the next 6-8 years, to incorporate six precincts with a project total end value estimated at $750 million. 
The first stage of Live City is located on the site’s western edge between Ballarat Road and Kinnears Street and will feature 208 residential apartments within three buildings.
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Heights will vary between eight and eighteen storeys and will comprise a mix of retail, residential and carparking facilities on the ground level.
R&amp;F Property Australia is part of R&amp;F Properties, a global property development group.
Its offices in Melbourne and Brisbane, R&amp;F Property Australia works closely with all levels of government, industry partners, local contractors and communities to create high-quality, high-demand mixed-use, residential, commercial, and urban development projects.
For more information <a href="http://ppmga.com.au/project/r-f-property-australia-l-v-e-project/" target="_blank">click here.</a>
 
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jchancellor-FAypfDUnLy

Construction begins at Live City, the $750 million Footscray regeneration project

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Standing dormant for years, Kinnears Footscray has finally begun its transformation into a mixed-use precinct.

Builder LU Simon has initiated works on Stage One of the project, which will be known as <a href="/buildings/live-city-124-188-ballarat-road-footscray">L.I.V.E. City</a>. Beating out other contractors such as Hutchinson and Hamilton Marino, LU Simon is tasked with delivering 208 apartments across 14 levels at the western most section of the massive 33,393 square metre site which is addressed 124-188 Ballarat Road.

Demolition works are in progress elsewhere across the site, gradually removing the structure that formerly housed the rope manufacturer. Architecture firm Elenberg Fraser are working on the master-planned precinct for developer R&amp;F Property Australia. 

Although a display suite onsite is ready, no public release of apartments has taken place as yet.

<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/image281.jpg" rel="gallery-all" title="Works across the Kinnears site with XO Projects' take on the development"><img alt="" class="image-article-full-width-580px" height="492" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image281.jpg?itok=BV_aStlz" title="Works across the Kinnears site with XO Projects' take on the development" width="580"></a>

<figcaption>Works across the Kinnears site with an early masterplanned image for the site</figcaption></figure>Meanwhile works across <a href="/buildings/victoria-square-8-hopkins-street-footscray">Growland's Victoria Square</a> site have begun following a January approval to amended plans for the development.

Six buildings consisting of 900 plus apartments, offices and extensive retail space can proceed. The $600 million project now has excavators onsite preparing for a construction start.

Amendments to the Kavellaris Urban Design scheme included bumping apartment numbers up to 931, increasing commercial floor space to 6,012 square metres and boosting parking spaces within the development to 1075. <a href="https://urban.melbourne/planning/2017/10/10/growland-pushes-footscrays-victoria-square-new-heights">Building heights were also marginally increased</a>, with the tallest to stand at 25 storeys.

Stage One of Victoria Square includes the delivery of 161 single bedroom, 265 dual bedroom and 28 triple bedroom apartments across two towers.

<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/image27_5_0.jpg" rel="gallery-all" title="The amended and approved Victoria Square. Image: KUD"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image27_5_0.jpg?itok=pVUNNQPH" title="The amended and approved Victoria Square. Image: KUD" width="580"></a>

<figcaption>The amended and approved Victoria Square. Image: KUD</figcaption></figure>With earthworks in progress, construction proper on Stage One of Victoria Square is slated to begin mid this year, with a completion target of 2020.

Either side of Victoria Square, construction is also in motion for two fellow Joseph Road Precinct projects. Blue Earth Group have initiated construction across 2 Hopkins Street, whilst Stage One of Riverina Footscray has recently topped out.

It will temporarily hold the title as Footscray's tallest residential tower until Victoria Square's first stage is completed. Future stages of Riverina will see two 31 level apartment towers also delivered.

<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/img_7067.jpg" rel="gallery-all" title="Riverina Footscray construction progress"><img alt="" class="image-article-full-width-580px" height="355" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_7067.jpg?itok=hE1vkpNG" title="Riverina Footscray construction progress" width="580"></a>

<figcaption>Riverina Footscray construction progress</figcaption></figure>
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silvermb

Kinnears and Victoria Square add to Footscray's construction upswing

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The swirl of development activity in Footscray has found another gear as new projects are submitted for approval, or are on the verge of beginning construction.

Two separate planning applications have been advertised by Maribyrnong City Council; their subsequent addition to the Apartments.com.au Project Database has seen the overall number of apartment developments within Footscray in development swell to 40. These 40 projects represent approximately 7,350 new dwellings for postcode 3011.

Latest to the database is a proposal spanning multiple residential lots across 108-120 Cowper Street and 10 Parker Street, Footscray. FJP PTY LTD and RLWL PTY LTD hope to secure approval for the  2,414 square metre corner site.

Proposed is a five storey building of 68 apartments designed by Turco and Associates. 7 x 1 bedroom apartments, 57 x 2 bedroom apartments and 4 x 3 bedroom apartments constitute the living mix, with a café and basement parking for 69 vehicles also present.

Outdoor seating is associated with the café whilst a large landscaped atrium at the centre of the development adds to the project's amenity.

<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/image9_19.jpg" rel="gallery-all" title="A new Cowper Street interpretation. Planning image: Turco and Associates"><img alt="" class="image-article-full-width-580px" height="268" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image9_19.jpg?itok=IN1e73_b" title="A new Cowper Street interpretation. Planning image: Turco and Associates" width="580"></a>

<figcaption>A new Cowper Street interpretation. Image: Turco and Associates</figcaption></figure>Keystone Property Group also has another Footscray apartment project at planning, this time adjoining their near complete development at 90 Buckley Street.

The vacant block at 94-104 Buckley Street has been earmarked for a 10 storey mixed-use building comprising 4 retail tenancies over 326 square metres and 121 residential apartments. Holding a build value of $24 million, the project encompasses a 2,770 square metre tract of land which backs onto the Footscray rail corridor.

The apartment mix sees 44 x 1 bedroom, 73 x 2 bedroom and 4 x 3 bedroom apartments. 130 car spaces and 70 bicycle spaces, a swimming pool, seating areas and BBQ facilities are provided within the scheme created by Kavellaris Urban Design.

<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/image8bark.jpg" rel="gallery-all" title="Buckley Street continues to garner residential attention. Planning image: KUD"><img alt="" class="image-article-full-width-580px" height="327" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image8bark.jpg?itok=kURUXoSm" title="Buckley Street continues to garner residential attention. Planning image: KUD" width="580"></a>

<figcaption>Buckley Street continues to garner residential attention. Planning image: KUD</figcaption></figure>Nearby and construction starts are on the agenda within Footscray's Joseph Road Precinct, as two more projects prepare to break ground within the formerly industrial precinct which spans 7 hectares.

Stage One of Growland's Victoria Square project is at tender and is expected to carry a build value in excess of $100 million. Towers 3 and 4 of the six tower project will be constructed along with the podium building for a grand sum of 455 apartments and 8 commercial tenancies.

11 apartments are through the podium, whilst Tower 3 accommodates 276 apartments and Tower 4 houses 168.

Directly east of Victoria Square, Blue Earth Group have moved to initiate works at <a href="/buildings/boat-house-2-joseph-road-footscray">2 Hopkins Street</a>, with a piling rig indicating construction should begin shortly. River One and Boat House are the initial two releases within the development, consisting of hundreds of new apartments on the banks of the Maribyrnong River.

If history repeats itself, Hamilton Marino Builders will construct Blue Earth Group's multi-tower project.

<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/image4vicsqu.jpg" rel="gallery-all" title="Victoria Square above Footscray. Image: Growland"><img alt="" class="image-article-full-width-580px" height="222" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image4vicsqu.jpg?itok=EXrktRoy" title="Victoria Square above Footscray. Image: Growland" width="580"></a>

<figcaption><a href="/buildings/victoria-square-8-hopkins-street-footscray">Victoria Square</a> above Footscray. Image: Growland</figcaption></figure>
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Footscray's churning apartment pipeline reaches 40 separate projects

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A two bedroom Footscray cottage has been sold by mortgagees.
It sold at $647,000.
<a href="https://www.realestate.com.au/sold/property-house-vic-footscray-126733518" target="_blank">The 230 Ballarat Road home</a> has been boarded up.
It last sold at $209,750 in 2002.
The price guidance had been $500,000 to $550,000.
The suburb's median price is $850,000.
It had been a $420 a week rental in 2014.
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j.ballantyne1990-6AQqhLzZaK

Footscray cottage sold at $647,000 by mortgagee

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Growland has sought to increase the size of all bar one of the six tower than constitutes their <a href="/buildings/victoria-square-8-hopkins-street-footscray">Victoria Square development</a>.

Hand in hand with the developer revealing it had <a href="https://urban.melbourne/development/2017/09/12/growland-aims-local-buyers-victoria-squares-second-stage-launched">effectively sold out the Footscray project's first tower release</a> during September, a revised planning application was put before Maribyrnong City Council seeking to add between 4-5 levels across five separate buildings. The revised application also sees a near fourfold increase in commercial space across the development.

Currently, Growland are pursuing sales for Victoria Square's most recently released tower which has been dubbed VS02.

<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/image1kud.jpg" rel="gallery-all" title="A new Dynon Road perspective. Planning image: KUD"><img alt="" class="image-article-full-width-580px" height="363" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image1kud.jpg?itok=hHKeQXZh" title="A new Dynon Road perspective. Planning image: KUD" width="580"></a>

<figcaption>A new Dynon Road perspective. Image: Scharp</figcaption></figure>Under plans currently on display with Maribyrnong City Council, the tallest tower across the development would increase from 24 to 28 levels. It along with the adjoining and unchanged 24 level building constitute Stage 1 of Victoria Square, and are defined by their white horizontal exterior.

The remaining four towers across Stages 2 and 3 are all earmarked for an additional five levels of apartment living. Stage 2's blue-glazed towers front Hopkins Street whilst the development's envisaged final release includes twin 19 level towers across the site's northern perimeter.

An increase in office space from 887sqm to 3,164sqm across Stage 2 is a concession to the objectives within the Footscray Metropolitan Activity Centre framework, which seeks a diversified land use within the wider Joseph Road Precinct.

All in all Victoria Square's final outcome would see as many as 1,066 apartments delivered, plus the aforementioned 3,164sqm of office space and over 2,700sqm of retail space spread across 20 separate retail tenancies. 

<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/image4_18.jpg" rel="gallery-all" title="A new vista beckons for Footscray. Planning image: KUD"><img alt="" class="image-article-full-width-580px" height="361" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image4_18.jpg?itok=cFLr5PL8" title="A new vista beckons for Footscray. Planning image: KUD" width="580"></a>

<figcaption>A new vista beckons for Footscray. Image: Scharp</figcaption></figure>The project's exterior continues to evolve as well, as described by Kavellaris Urban Design within the planning documents:

"The three separate stages incorporate the swaying/shifting floor plates as a common architectural language but have differing material palettes. The central towers (stage 1) incorporate a solid expression of white concrete and perforated metal screens, whereas stage 2 and 3 (southern and northern respectively) incorporate a lighter reflective glass language.

Both stage 1 and 2 towers share a singular podium built form which incorporates a landscaped terrace at the roof level. The podium has been designed to capture the various curvilinear architectural expressions and explores suburban parks and public spaces typologies.:

Imagery created by design agency Scharp also points toward the impending bulk headed for the wider Joseph Road Precinct. Should it be approved, Victoria Square's tallest tower at 28 levels would still be shadowed by taller towers already approved for the urban renewal area.
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Growland pushes Footscray's Victoria Square to new heights

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A two bedroom Footscray apartment has sold for $455,000 making it Melbourne’s cheapest long weekend auction sale.
The apartment at <a href="https://www.realestate.com.au/property-apartment-vic-footscray-126289306" target="_blank">8/155 Gordon Street</a> was being marketed as the “ideal low maintenance” property with price expectations between $450,000 and $490,000.
It last sold for more - in 2012 for $460,000.
The apartment was offered as a $360 a week rental earlier this year, having been offered in 2013 at $400 a week.
It features a living and dining area that leads to a courtyard along with a kitchen complete with stainless steel gas appliances.
There are two double sized bedrooms both having their own built-in robes while a third room is suitable as either a study or separate living room.
Other feature includes an undercover car space.
The property is within close proximity to public transport, shops and cafes.
The property was offered through McGrath.
The neighbouring three bedroom 80 sq m apartment followed a roughly similar path too, having sold at $460,000 recently.
It had last sold in 2012 at $450,000.
It was offered as a $390 a week rental recently, having been offered at $410 a week in 2012.
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Two bedroom Footscray apartment sold for $455,000 - and small loss

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On the back of selling 90% of apartments within the first Victoria Square tower, developer <a href="/developers/growland-group">Growland</a> has launched the second stage of the development located in <a href="/new-apartments/footscray-vic-3011">Footscray's</a> Joseph Road Precinct.

Growland will now pursue the local owner-occupier market even more vigorously in order to account for the bulk of the second tower's sales, having noted a decline in foreign buyer interest of late. The newly released tower has been dubbed VS02 and will include 168 apartments, spanning levels 4 to 21.

This refocusing on the local buyer has seen a diverse number of floorplates and design options made available across VS02; the strategy allows the tower to be an attractive option for as many potential buyers as possible. Growland has also begun single bedroom apartment internals within VS02 from 61sqm, a considerably large size in relation to many other Melbourne apartment projects.

<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/image17vic.jpg" rel="gallery-all" title="Victoria Square's second stage has been released"><img alt="" class="image-article-full-width-580px" height="829" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image17vic.jpg?itok=6SDnjxee" title="Victoria Square's second stage has been released" width="580"></a>

<figcaption>Victoria Square's second stage has been released</figcaption></figure><h2>What they say</h2>

<blockquote>
Interest from foreign buyers is slowing due to regulatory changes, so the market has adapted to meet the preferences of the local owner-occupier market, which is quickly gaining in strength. There are many aspects of a project that need special attention to cater to this demographic. Quality, diversity, and flexibility are crucial.

The scale of Victoria Square and VS02 means we can offer a significantly diverse range of residences. While Victoria Square is fantastic for young professionals, couples, and first-home buyers, there is a large range of larger apartments that are also perfect for young families.

This gives it a unique position in the market place: it will be a truly integrated community in Footscray.
<cite>Ronald Chan, CEO, Growland</cite>
</blockquote>

<blockquote>
The need to add a study or separate office to apartments has been superseded by the need for flexible work zones. We have integrated flexible nooks and activity spaces throughout the Victoria Square apartments so residents can use these for work, relaxation, or children can use them for homework,” says Kavellaris.

This has meant we can adapt the floorplates to house the bigger bedrooms and living spaces that are crucial to creating apartments that modern families can enjoy over a lifetime.
<cite>Billy Kavellaris, Managing Director, <a href="/architects/kavellaris-urban-design">Kavellaris Urban Design</a></cite>
</blockquote>

<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/image22_9.jpg" rel="gallery-all" title="Amenities on show within Victoria Square"><img alt="" class="image-article-full-width-580px" height="461" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image22_9.jpg?itok=apD0YdRp" title="Amenities on show within Victoria Square" width="580"></a>

<figcaption>Amenities on show within Victoria Square</figcaption></figure>VS02's greater design diversity includes three kitchen designs, two colour schemes and a wide array of floor plates. One, two, and three-bedroom apartments are available, and include flexible breakout zones in the living spaces.

Although part of a wider six tower development designed by Kavellaris Urban Design, VS02 will carry interior finishes independent to those of the first tower. On the amenities front, the entire development will include an Australian-first outdoor running track, fitness zones, split-level dining room and a Warde Street laneway retail hub.

The release of VS02 comes as Joseph Road Precinct begins to take shape with major projects either side of Victoria Square in development. 2 Hopkins Street has begun its sales campaign, while <a href="/buildings/riverina-22-hopkins-street-footscray">22 Hopkins Street's</a> first phase is well into construction.

Victoria Square at <a href="/buildings/victoria-square-8-hopkins-street-footscray">8 Hopkins Street</a> will be among the urban renewal area's largest developments, having been granted approval for 939 dwellings.
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Growland aims for local buyers as Victoria Square's second stage is launched

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The Victorian Government has given the green light for the first stage of the new Footscray Learning Precinct (FLP), which will include the redevelopment of Gilmore College for Girls and Footscray City Primary School following a commitment of $10.6 million in May's State Budget.

Hayball has been engaged to complete the master planning and advance designs for all sites in the precinct, including a new junior secondary campus. They are also the architects for the vertical learning schools currently under construction in Richmond and South Melbourne.

In what is being hailed as a first for Victoria by the Government, the FLP aims to better connect early childhood, primary, secondary and tertiary education together in three local ‘hubs’.

The vision for the precinct is one where state-of-the-art facilities, such as a STEM learning centre, sports buildings and a performing arts venue, can be shared between schools, Victoria University and the wider community.

<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/flp_lead.png" rel="gallery-all" title="A glimpse at the Footscray Learning Precinct. Image: State Government of Victoria"><img alt="" class="image-article-full-width-580px" height="360" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/flp_lead.png?itok=th_R2q6E" title="A glimpse at the Footscray Learning Precinct. Image: State Government of Victoria" width="580"></a>

<figcaption>A glimpse at part of the plan for the Footscray Learning Precinct. Image: State Government of Victoria</figcaption></figure>Construction of the first stage is due to begin in 2018, and completed in time for the 2020 school year. This stage includes:

<ul>
<li>Upgrading facilities and expanding capacity at Footscray City Primary School. Additions include a three-court indoor sports and recreation building.</li>
	<li>Refurbishing and modernising Gilmore College for Girls.</li>
</ul>
Key proposals for future stages include:

<ul>
<li>Reconfiguring Gilmore College for Girls as a co-educational school. It would become one of two junior (Years 7-9) secondary campuses in the precinct, with the other being a new vertical school to be built in Seddon at Pilgrim Street</li>
	<li>Transforming Footscray City College into a senior secondary campus (Years 10-12), with a nearby STEM Centre delivered in partnership with Victoria University.</li>
	<li>Building a performing arts centre at either the primary school or Gilmore College for Girls</li>
	<li>Establishing an integrated early learning centre at the primary school in partnership with Maribrynong City Council.</li>
</ul>
<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/south_melbourne_primary_01_1341x1000.jpg" rel="gallery-all" title="South Melbourne Primary School and Richmond High School. Images: Hayball"><img alt="" class="image-article-full-width-580px" height="190" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/south_melbourne_primary_01_1341x1000.jpg?itok=xnPTRj4f" title="South Melbourne Primary School and Richmond High School. Images: Hayball" width="580"></a>

<figcaption>South Melbourne Primary School and Richmond High School. Images: Hayball</figcaption></figure>Urban.com.au discussed Hayball's appointment to master plan the FLP and how they will draw on their experience in the sector with Hayball Director Richard Leonard. This follows from a <a href="/news/a-discussion-on-vertical-modes-of-learning-with-hayballs-richard-leonard">previous discussion</a> from two years ago on the advent of vertical modes of learning.

Urban.com.au: Hayball has considerable experience in the education sector and has built up an impressive body of work. How has/will this experience inform(ed) the design of the FLP?

Richard Leonard: The Footscray Learning Precinct is truly ground-breaking – it’s never been done before in Australia.

The project integrates education opportunities and facilities from cradle to grave, taking into consideration requirements from the community and future citizens. In a region that’s growing at a tremendous rate like the inner west, education is clearly an agent for transformational change in an urban context.

We have yet to put down pen to paper in terms of design– but what I can tell you is that it will bring together all of the experience, research and creative minds at the practice into a single project challenge.

UM: Hayball has also been at the forefront designing the first vertical schools here in Victoria, with more on the way. What model(s) can we expect for FLP?

RL: The entire model for the FLP is completely new. The interesting aspect is that there’s a broad spectrum of education facilities integrating together, from an early childhood centre, primary schools, secondary schools and a university. There’s are spread across three distinct precincts of learning within the suburb. This new model of linking places of learning with the community is the next frontier for education in Australia.

There’s actually a vertical junior secondary school envisaged for the precinct, which will be home to students in years seven to ten. The site is relatively small, but the value of integrating with the entire learning community means that we’re able to make the most of the smaller pockets of land in the inner city, because schools can share facilities with other schools nearby or with community facilities such as libraries, sports grounds etc.

UM: Is FLP an opportunity to test new ideas around teaching and learning?

RL: Yes it will be, but in a very different way, in the sense that it’s for all students at all stages in life. The concept of integrated cradle to grave education is a game changer, as is the way this entire precinct will link to the community and other service providers.

The inter-connected model allows schools to work together in terms of developing a consistent curriculum, sharing facilities, systems and resources, and ensuring pedagogies are streamlined so students can move from primary to secondary to tertiary education seamlessly. Overall, it’s improving the holistic approach to teaching and learning, providing students with better opportunities, staff with better resources, and creating better transitions for students.

From a design perspective, as this model has never been done before, we’ll certainly be gaining insights as to how we can support the inter-connected model through urban planning, interior design and architecture.

UM: How do you approach designing an education precinct rather than say a campus? What are some of the challenges and opportunities?

RL: Like any major project, the challenge is how we bring a number of stakeholders (schools), community groups and the council together in the visioning and decision-making process.

The other challenge – and opportunity I suppose – is that because there’s no design models to base this project on, we’ll be setting a new benchmark in terms of integrated learning precincts.

UM: How does the Footscray context inform the design of these schools both at a macro and micro level?

RL: The interesting thing is that the FLP is divided into three precincts – while they are all geographically close, they all have different cultural context and the communities are very different. So we have to take this into consideration.

The Department of Education quotes some astounding figures in terms of growth in Footscray – by 2040, there will be an 80% increase in the overall population, and not just children. As such, there’s a real need to address the future needs of the entire society, not just students.

One of the other things to touch on is that Footscray has always been home to a number of important education institutions. Victoria University and many of the schools have been there for decades so we’ll be taking that into our design consideration. The difference with this project is that while we’re creating a handful of new learning facilities, our primary goal is to assist with the integration and alignment of very significant institutions, community and service providers in the precinct.

In this way, education is at the centre of this model, and it’s being used as a method for transformational change in the urban environment, which is particularly important for the inner west of Melbourne. That’s the really exciting bit!
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Laurence Dragomir

Hayball's Richard Leonard discusses the new Footscray Learning Precinct

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Development news from Footscray continues to flow at an increasing level.

Maribyrnong Council is providing the wider public with a first look at a new mixed use development in the heart of Footscray. <a href="/developers/k7-developments">K7 Developments</a> has enlisted <a href="/architects/rothelowman">Rothelowman</a> to create a scheme for 72-76 Paisley Street, with the expectation that it will eventually accommodate a substantial and predominantly residential building.

One block back from Barkly Street, 72-76 Paisley Street is a 1,840sqm site wedged between a multi level community healthcare centre and the Footscray Baptist Church. Not-for-profit community health organisation cohealth have occupied the modest brick building onsite for some time.

<h2>
<a href="/new-apartments/72-paisley-street-footscray">72-76 Paisley Street</a> application summary</h2>

<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/image151.jpg" rel="gallery-all" title="Street level perspective. Planning image: Rothelowman"><img alt="" class="image-article-full-width-580px" height="320" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image151.jpg?itok=5SytAd7t" title="Street level perspective. Planning image: Rothelowman" width="580"></a>

<figcaption>Street level perspective. Planning image: Rothelowman</figcaption></figure><ul>
<li>Proposed 12 level building at 38.4m in height</li>
	<li>140 apartment: 81 x 1BR, 59 x 2BR</li>
	<li>2 office tenancies of 225.8sqm and 251sqm</li>
	<li>1 restaurant of 131.3sqm with capacity for 50 patrons</li>
	<li>1 retail tenancy of 225.8sqm</li>
	<li>2 basement levels includes capacity for 137 vehicles &amp; 60 bicycles</li>
	<li>Expected cost of development: $25 million</li>
</ul>
The proposed development's treatment of the eastern and northern ground level interface is a direct response to the site's immediate surrounds. An existing through link will be enhanced and activated in order to join with the laneway network bisecting the block between Barkley Street and Paisley Street. 

To the rear of the site an urban street art installation is envisaged. According to Rothelowman, "The concept for the artwork is to use an abstract form in either linear / checked patterns, with principal colors of blue and gold which are bright and complimentary to the proposed building material pallet. The artwork will be placed on the dedicated metal panels on the northern elevation with anti-graffiti coating."

72-76 Paisley Street's eastern flank is to feature the restaurant space and outdoor seating area to the Baptist Church interface.

<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/image152_1.jpg" rel="gallery-all" title="Laneway perspective. Planning image: Rothelowman"><img alt="" class="image-article-full-width-580px" height="312" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image152_1.jpg?itok=1EHzlUyw" title="Laneway perspective. Planning image: Rothelowman" width="580"></a>

<figcaption>Laneway perspective. Planning image: Rothelowman</figcaption></figure>The Footscray application is K7 Developments' third active apartment project.

Following on from builder <a href="/builders/citi-con">Citi-Con</a>'s recent completion of Canterbury Hill which includes 37 dwellings, two further projects are nearing a construction start. Hawthorn East's <a href="/buildings/brasshouse-771-toorak-road-hawthorn-east">Brasshouse</a> is defined by its undulating gold facade whilst Brunswick East's <a href="/buildings/seamstress-11-13-lygon-street-brunswick-east">Seamstress</a> references the past life of the site in question, which will in due course become a building of some 32 apartments.

Including the Paisley Street application, Rothelowman has become the incumbent architecture practice of choice for K7 Developments, accounting for the developers last four projects. 

72-76 Paisley Street is comfortably the developer's biggest project to date.

<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/image159_1.jpg" rel="gallery-all" title="The completed Canterbury Hill with Brasshouse. Render: Rothelowman"><img alt="" class="image-article-full-width-580px" height="222" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image159_1.jpg?itok=ojpSCYjR" title="The completed Canterbury Hill with Brasshouse. Render: Rothelowman" width="580"></a>

<figcaption>The completed Canterbury Hill with Brasshouse. Render: Rothelowman</figcaption></figure>
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K7 Developments look to push up Paisley Street

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Footscray is to host a new master planned mixed use development adjacent to the heart of Footscray.

Any prospective investor or owner occupier can now secure their space within Cowper Residences, which will be released for sale this month. With Footscray the epicentre of Melbourne's inner west, the wider region is currently subject to $26 billion worth of investment committed to infrastructure and associated projects.

Footscray built form progression is in lockstep with its social transformation. Only 4km from Melbourne's CBD, Footscray now boasts its own evolving cosmopolitan café and shopping precincts.

According to advisory Urbis, the young and fast-growing population in Melbourne's west is expected to more than double over the next 20 years. Over the past 10 years, the median price of apartments in the historical suburb has increased by 7.9 per cent per annum and has experienced the highest annual price growth compared to a selection of suburbs of similar distance to CBD.

In response, Cowper Residences has been positioned in order to attract interest from both astute investors and owner occupiers.

<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/image136_1.jpg" rel="gallery-all" title="Cowper Village offers a choice of living options"><img alt="" class="image-article-full-width-580px" height="386" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image136_1.jpg?itok=5wB1S2T7" title="Cowper Village offers a choice of living options" width="580"></a>

<figcaption>Cowper Residences offers a choice of living options</figcaption></figure>It's Cowper Residences' unique location within the Footscray context that has led to the diverse range of living options within the project.

Nestled between established low rise housing and the Footscray CBD, Cowper Residences allows for a diversified built form and unfettered views toward Docklands, the CBD and beyond. The low to medium density site offers proximity to the city coupled with spacious, quality designs which offer contemporary living and balance with its surrounds.

The development’s first two precincts to market will allow purchasers to choose between sixteen terrace homes, ten SOHOs (Single Office/Home Offices) and 63 traditional apartments.

Cowper Village is the work of ClarkeHopkinsClarke, who have a rich history of creating vibrant, integrated living and community spaces. ClarkeHopkinsClarke partner Toby Lauchlan describes Cowper Residences from the architect's perspective:

<blockquote>
When we saw the site, we immediately recognised it as a standout in Footscray. Centrally located, it’s close to the station and all of the vibrant, lifestyle offerings of this colourful suburb, but rests on a quiet, tree-lined residential street giving it real sense of tranquility.

Cowper Residences has also been designed to capture city views which won’t be built out – a rarity this close to the CBD.

The mix of housing types throughout the precincts allowed us to really diversify the design, with each form appealing to the types of people who will want to reside there.
</blockquote>

<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/image135_0.jpg" rel="gallery-all" title="Expansive views come with Cowper Village"><img alt="" class="image-article-full-width-580px" height="330" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image135_0.jpg?itok=6xO_OqWX" title="Expansive views come with Cowper Village" width="580"></a>

<figcaption>Expansive views are par for Cowper Residences</figcaption></figure>A strong sense of place and community is at the heart of Cowper Residences, with each precinct interlinked by landscaped gardens and internal laneways. Amenities across the development include a café, gym and rooftop terrace and a communal courtyard.

Terrace homes have been designed higher and larger than the norm, with some offering city views; all have a high level of finishes and mix of materials. Each terrace includes two balconies and a private courtyard and are catered toward family living.

SOHOs maintain a loft-style configuration, complete with exposed brickwork and high ceilings. Expected to appeal to young professionals, the SOHOs provide an environment which enables flexible work patterns. 
The small-scale, low density apartment block offers investors and first home buyers the opportunity to enter the Footscray market within the confines of a boutique setting. Spanning six levels and featuring one and two bedroom apartments, the spacious apartments all maintain access to a rooftop terrace.

<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/image137_2.jpg" rel="gallery-all" title="Second level views over established low rise living"><img alt="" class="image-article-full-width-580px" height="315" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image137_2.jpg?itok=dKzu--Te" title="Second level views over established low rise living" width="580"></a>

<figcaption>Second level views over established low rise living</figcaption></figure>Selling agent, F.R. Chee of CT Real Estate, says that while Footscray is still considered affordable, continued gentrification of the area indicates that this may quickly change.

<blockquote>
Currently Footscray is an affordable suburb undergoing the process of gentrification, similar to what we’ve seen in Brunswick and Collingwood where there is now a substantially higher median sale price.

Market growth is also being driven by the high proportion of students and young professionals moving to the area due to its affordability and proximity to the city. Almost 40 per cent of the suburb’s population is aged between 20-34 years.

Cowper Residences’ position and housing mix makes for a unique investment opportunity in one of Footscray’s most premium locations. We are expecting strong sales across the campaign.

With central Footscray set to be transformed, it truly presents one of the last great investment opportunities in Melbourne’s inner ring suburbs.
</blockquote>

Cowper Residences is currently taking registrations of interest, with prospective buyers urged to register their details on <a href="http://www.cowperresidences.com.au?utm_source=urban_melbourne&amp;utm_medium=article_link">www.cowperresidences.com.au</a> and act fast in order to take advantage of off-the-plan stamp duty concessions before 1 July 2017.
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