Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

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"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

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After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

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Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

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The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

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Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

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Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

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ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

[smartcode_project:default project_id=135096 project_image_fid=356826]

For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

[smartcode_project:default project_id=135096 project_image_fid=351102]

Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

Joel Robinson

From ONE to ERA: Why buyers are choosing GWH again in Newcastle West

Virgate Property Group is preparing to commence construction of Verdé, its new apartment development in Melbourne's Arts Precinct at Southbank, following a strong run of sales that has seen more than half of the project's 173 apartments secured.

Verdé has attracted a broad mix of first home buyers, owner-occupiers upgrading from nearby inner-city suburbs and investors, with younger owner-occupier couples aged between 28 and 45 accounting for the strongest enquiry. Many are already living in Southbank, South Melbourne, Albert Park, Port Melbourne, South Yarra and the CBD.

"Verdé is located in one of the most desirable pockets of southern Melbourne," Blair Property Group Director Darren Blair, who is managing sales at Verdé, said.

"It's within walking distance of the Arts Centre, Royal Botanic Gardens, Albert Park Lake, and Southbank's restaurants and retail. It's a great lifestyle location with strong amenity and liveability, which made it a very attractive choice for the project."

[smartcode_project:default project_id=4661 project_image_fid=372549]

Virgate was already familiar with the precinct, having previously delivered the successful Domain House development in neighbouring South Melbourne. That experience gave the developer confidence to acquire the Coventry Street site and continue expanding its presence in Melbourne's inner south.

"We had been keeping an eye on the site and the broader precinct for a few months before deciding to move forward with the acquisition," Virgate said.

The project was ultimately secured in 2020 following feasibility studies, planning assessments and due diligence, with the brief centred on delivering "a high-quality, considered design that feels both refined and fit for purpose."

[smartcode_project:default project_id=4661 project_image_fid=314259]

Designed by <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, Verdé comprises 173 one, two and three-bedroom apartments priced from $599,000. The architecture is distinguished by a faceted glass façade that responds to both the site's outlook and Melbourne's changing light conditions.

According to Bruce Henderson Architects, the coloured glazing gives the building a distinctive identity while also providing privacy and solar shading, with residences oriented to capture views across the bay, city skyline and surrounding parklands.

Inside, <a href="https://www.apartments.com.au/interior-designers/designoffice">DesignOffice</a> has created interiors focused on natural light, efficient planning and enduring materials. Apartments feature engineered oak flooring, natural stone benchtops, floor-to-ceiling glazing and SMEG appliances, while a restrained material palette aims to complement the expansive outlooks rather than compete with them.

[smartcode_project:default project_id=4661 project_image_fid=372550]

Resident amenity has also been designed around everyday functionality rather than occasional use. Facilities include a concierge-serviced lobby, residents' lounge with fireplace, library and co-working space, gym, terrace garden with barbecue facilities, ground-floor café, and package delivery management.

The project's location continues to be one of its strongest drawcards. Positioned on Coventry Street, Verdé sits within walking distance of the National Gallery of Victoria, Arts Centre Melbourne, Royal Botanic Gardens and Albert Park Lake, while Southbank's dining precinct, Sturt Street trams and the new ANZAC Station are all nearby. The surrounding education catchment also includes Melbourne Grammar, Melbourne Girls Grammar, Mac.Robertson Girls' High School and several major university campuses.

The sales team says buyers have responded particularly well to the combination of location, design quality and long-term liveability.

"They're responding really positively to the quality of the design, premium resident amenities and the uninterrupted views. Many also appreciate the location and how connected it is to everything they need."

The ability to secure stamp duty savings before completion has also been a key factor for purchasers, alongside the opportunity to personalise finishes ahead of settlement.

With construction set to commence soon and more than half the apartments already sold, Verdé enters its next phase as one of the Arts Precinct's more established apartment developments, offering remaining buyers an opportunity to secure a residence before construction advances further. Expected completion is scheduled for late 2027.

[smartcode_project_cta:default project_id=4661]

Virgate's Verdé Southbank moves toward construction as sales fly past halfway stage

Downsizer-focused apartment development Kooyongkoot in Hawthorn has been recognised at the 2026 Better Future Melbourne Design Awards, taking home Gold and Silver awards in two categories.

<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a>, currently being delivered by developer PQD and designed by Cera Stribley, received Gold in the Interior Design – Proposed category and Silver in the Architecture – Proposed category.

The dual recognition reflects the design approach behind the boutique development on prestigious Kooyongkoot Road, where the focus has been on creating homes for downsizers seeking the space, quality and functionality of a detached house within a low-rise apartment building.

Rather than maximising apartment numbers, <a href="https://www.apartments.com.au/developers/pqd">PQD</a> and <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a> limited the development to just 18 residences, allowing for larger floorplans, greater privacy, generous landscaping and expansive communal spaces.&nbsp;The majority of the apartments also benefit from corner aspects, allowing for dual sources of natural light.

Now around 70 per cent complete and on track for completion in November 2026, Kooyongkoot will comprise a mix of garden residences, ter​race apartments, sub-penthouses, and is crowned by two half-floor penthouses with direct lift access and private rooftop terraces.

[smartcode_project:default project_id=102717 project_image_fid=355297]

The Silver Award for Architecture recognised the way the building responds to its prominent corner position at the ent​rance to Hawthorn's Scotch Hill precinct, one of Melbourne's most established residential neighbourhoods.

Rather than competing with the grand homes that line Kooyongkoot Road, the architectural approach focused on restraint and longevity, using curved brickwork, generous landscaping and carefully considered proportions to integrate with the existing streetscape.

"The form feels fluid and timeless, as though shaped by the landscape itself – architecture that belongs, rather than competes," said Chris Stribley, Co-Founder and Managing Principal of Cera Stribley.

The judging submission also highlighted practical innovations throughout the building, including lift cores servicing only nine homes each, a central landscaped lightcourt designed to bring daylight and ventilation into the building, and fully enclosed private storage rooms with lighting, power and shelving to better accommodate residents transitioning from larger family homes.

[smartcode_project:default project_id=102717 project_image_fid=355293]

The Gold Award for Interior Design recognised the project's focus on long-term liveability rather than display-home aesthetics.

According to the awards submission, the interiors were designed from the inside out, prioritising how homes would function over decades of daily use through generous proportions, practical storage, durable natural materials and flexible layouts.

The specification includes natural stone throughout, upgraded acoustic glazing, V-ZUG appliances and fully enclosed storage rooms, alongside an amenity offering focused on wellness, entertainment and everyday convenience.&nbsp;

Residents will have access to a gym and yoga studio, a wellness centre featuring traditional and infrared saunas, a cold therapy shower and treatment room, as well as a residents' lounge and golf simulator/cinema room for entertainment.&nbsp;Kooyongkoot has also considered the everyday convenience of its residents by offering a private carwash and pet wash facilities on site as well as dedicated parcel lockers and oversized fully enclosed storage rooms.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355303]

The project's attention to detail has already resonated with buyers. Earlier this year, Kooyongkoot recorded one of Boroondara's highest apartment sales when an $8 million penthouse was purchased by a Melbourne CEO downsizing from a nearby family home.

"Every detail feels deliberate, from the overall design down to the smallest touches," the purchaser said.

"The level of quality and refinement is exceptional, but what really sold it was how liveable it felt... It felt like a place where everything had been considered, not just a luxury building."

[smartcode_project:default project_id=102717 project_image_fid=355304]

Sustainability also formed a key part of both award submissions. Kooyongkoot is targeting a minimum 7.5-star NatHERS rating across all residences, supported by passive design principles, high-performance glazing, EV charging infrastructure, water reuse systems and a wellness model focused on lower-energy dry facilities rather than pools and large wet areas.

Located within walking distance of Scotch College, Methodist Ladies' College, Koo​yong Lawn Tennis Club, Aubur​n Village and Camberwell Junction, Kooyongkoot continues to target owner-occupiers looking to remain in Melbourne's inner east without compromising on space or quality. A limited selection of two, three and four-bedroom residences remains available, with prices starting from $1.9 million.

[smartcode_project_cta:default project_id=102717]

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

[smartcode_project:default project_id=5743 project_image_fid=953]

Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

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Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

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The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

The apartment price gap drawing Sydney buyers west

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>.

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

Gold Coast Apartments

The trend of lower density, high-rise towers continues to gather pace at the latest Gold Coast apartment tower launch.

GDI Group, headed by long-time Gold Coast developer Dean Gallagher, are soon to launch Drift Residences, a 27-level tower designed by Plus Architecture at 16-18 Hughes Avenue, near the central hub of Tedder Avenue in Main Beach.

There is approval for 44 apartments, but GDI has recently submitted a minor change notice to the Gold Coast City Council to add a further two apartments, and add another three levels to the building to make it 30 storeys.

The three-bedroom, 262 sqm apartments, just two per floor, will run from the second level to level 22.

From there will be the penthouse collection, five four-bedroom apartments spanning the whole floor and offering 531 sqm each.

<a href="/new-apartments/drift-residences-16-18-hughes-avenue-main-beach">To be the first to be alerted to the sales launch, enquire&nbsp;here.</a>

<img alt="" height="1162" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/drift_residences_entry.jpg" width="1200" />

There will be a single two-level penthouse crowning the tower, which will have 1,109 sqm and have five bedrooms, five bathrooms, and its own private roof terrace with a plunge pool.

Residents shared amenity will focus around the wellbeing centre, which will feature an infinity pool, sauna, steam and massage rooms, a spa, cold therpay pool, health club, yoga room, a lounge with fireplace, and an outdoor barbecue area.

&ldquo;Our vision for Drift Residences has grown from a desire to create a timeless and enduring building that reflects the beauty and prestige of its Main Beach surrounds and will be admired for generations to come,&rdquo; GDI Group managing director Dean Gallagher said.

&ldquo;The planning stage, realised in collaboration with Plus Architecture, has been meticulous.

<a href="/new-apartments/drift-residences-16-18-hughes-avenue-main-beach">To be the first to be alerted to the sales launch, enquire&nbsp;here.</a>

&ldquo;Our focus on prioritising both luxury and wellbeing has seen the emergence of an innovative design that optimises the comfort of its inhabitants.&rdquo;

Gallgher intends to keep one of the apartments for himself.

<img alt="" height="600" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/drift_residences_pool.jpg" width="1200" />

&ldquo;Drift Residences will set a new Gold Coast benchmark for intuitive design,&rdquo; he said.

&ldquo;I look forward to personally taking up residence in this remarkable building and seeing it fulfill its promise as the epitome of a Main Beach lifestyle.&rdquo;

Plus has drawn inspiration form the coastal landscape. Danny Juric, director at Plus Architecture, said&nbsp;

&quot;Drift Residences will provide all the convenience you&rsquo;d expect from a home in the suburbs, but with one clear advantage, unprecedented views and prime location,&rdquo; Danny Juric, Director of Plus Architecture, said.

<img alt="" height="598" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/drift_hero.jpg" width="1200" />

<a href="/new-apartments/drift-residences-16-18-hughes-avenue-main-beach">To be the first to be alerted to the sales launch, enquire&nbsp;here.</a>

Deborah Provost, of DP Project Marketing, who will be marketing the apartments, is expecting&nbsp;discerning, lifestyle-seeking downsizers and luxury holiday home buyers.

&ldquo;We believe Drift Residences will set a benchmark for Main Beach that appeals to the luxury downsizer,&rdquo; Provost said.

&ldquo;We believe our market will come predominantly from local and Brisbane downsizers and undoubtedly from interstate markets when the borders re-open.&rdquo;

About the developer

Drift is GDI Group&rsquo;s latest residential venture and follows the success of its $55 million, 100-plus apartment Varsity Waters development at Varsity Lakes.

Established for more than 30 years, the company has developed a diverse and substantial portfolio of projects across all sectors throughout Queensland&rsquo;s southeast corner. Among its current pipeline is a retail/commercial precinct in Toowoomba, where it also has been involved in land subdivision and residential developments.

[smartcode_project_cta: project_id=93593]

The three-bedroom, 262 sqm apartments, just two per floor, will run from the second level to level 22

Drift Residences, Main Beach apartments, set for launch

The pandemic has forced a shift in the way people want to live, and developers on the Gold Coast are taking note of what buyers want in the modern world.

GV Property Group agent Luke&nbsp;Reaby, who amalgamates future development sites up and down the Gold Coast, says&nbsp;boutique sites for one-per-floor apartments are becoming more desirable by developers.

"It used to be the belief that larger sites equalled higher margins in the minds of developers," Reaby said.

"But now apartment developers are pivoting to the current market conditions, where buyers demand space, exclusivity and high end luxury, and are willing to pay a premium for it given the lack of high-end stock in the market."

Reaby is already fielding high demand for a 690 sqm site at 118 Old Burleigh Road in Broadbeach, which GV has listed for sale.

<img alt="" data-entity-type="" data-entity-uuid="" height="786" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/118_obr.jpg" width="1200" />

'When the downsizer market is this strong, you can see why a developer will choose to develop 10-25 apartments at $2m+ each instead of 90 apartments at $650k' Reaby says.

'It's also giving great design and architecture a chance as it's not as heavily dictated by price point.

'With limited development sites left, developers are seeing value in smaller sites suitable for boutique projects," Reaby said.

Jayde Pezet of KM Sales &amp; Marketing says the Gold Coast off t​he plan market has been underpinned by luxurious beachfront sales – a trend he expects to continue as the borders open and southerners sweep into the city for summer months.

“The strength of the off t​he plan market is heavily focussed on the luxury downsizer, whether local or interstate, wanting to downsize to luxury homes and live in properties that have unobstructed ocean views or views that cannot be built out,”&nbsp;Pezet says.

Pezet, alongside Todd Matheson at KM Sales &amp; Marketing, are handling the sales for the latest Broadbeach apartment development from Little Projects, who are targeting the luxury owner-occupier after selling out their their 246 apartment Signature nearby.

[smartcode_project:default project_id=108327 project_image_fid=181282]

Aperture, a term which refers to the opening of a lens's diaphragm through which light passes, will have just 29 apartments across its 35 levels.

There's 26 full-floor apartments with three bedrooms, three bathrooms, and three parking spaces, all spanning over 200 sqm across a whole level of the 120 metre building.

The Mary Avenue building&nbsp;has been designed by the Melbourne architect firm Elenberg Fraser to cater for the luxury owner-occupier, with hand-crafted materials and a minimalistic design featuring throughout.

[smartcode_project:default project_id=108327 project_image_fid=181285]

Gaggenau appliances and natural timber and stone have been used for the interiors, creating an extra level of luxury rarely seen in the market..

<a href="/news/qld/little-projects-co-launch-broadbeach-apartment-development-aperture">Read more:&nbsp;Little Projects Co launch Broadbeach apartment development, Aperture</a>

There's been huge success at Main Beach, where Polites Property Group, in a joint venture with QNY Group, aren't far from selling out La Mer, the luxury Main Beach Parade tower of just 29 apartments spread across 34 levels.

Mostly locals have snapped up the three-bedroom apartments, which were priced from $2.35 million. There's only a handful left, starting from $3,245,000.

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Polites Property are taking the same line with their next joint venture.

Alongside Monaco Property Group, Polites has lodged plans for Belvue, the first residential tower in Runaway Bay for three decades.

That will have 31 apartments, just one apartment per floor, each with either&nbsp;four bedrooms or three and a multi-purpose room. The grounds are&nbsp;reminiscent of a resort-style hotel, with two luxury pools, private beach access and a barbecue pavilion.

<a href="/news/qld/the-sophisticated-newcomer-to-runaway-bay-gold-coast-suburb-set-for-first-apartment-development-in-30-years">Read more:&nbsp;"The sophisticated newcomer to Runaway Bay" - Gold Coast suburb set for first apartment development in 30 years</a>

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The swimming pool renders for Belvue

Recently Ignite Projects sold out The Monaco at Main Beach at an average apartment price of $4.6 million, one of the most expensive towers on the Gold Coast. That will have just 24 half and full-floor apartments across 24 levels.

David Calvisi's FORME only has a few apartments left at its latest Burleigh Heads development, Sea, his second in Burleigh Heads designed by the renowned architect Koichi Takada.

The&nbsp;new&nbsp;development at 96 The Esplanade will home 23 half-floor apartments of around 220 sqm, as well as three full-floor residences with around 440 sqm of space.

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Cru Collective are currently selling SUR at Kirra Beach, which will have just 10 whole-floor apartments on the dress circle Musgrave Street.

Apartments at SUR&nbsp;start from $4 million.

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One of the latest developers to join the Gold Coast scene is also taking the same approach.

Orenda Projects, led by the South East Queensland veteran developer Leonard Steiner, are set to create Myst, a slick 33-level tower designed by Plus Architecture.

There will be 46 apartments across the 33-level tower, 45 of those being three-bedroom apartments, which, apart from the three whole-floor sub-penthouses, will span half of a floor.

<img alt="" data-entity-type="" data-entity-uuid="" height="819" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/14_first_ave_broadbeach_2_0.jpg" width="1200" /> 
The proposed&nbsp;Myst apartments at 14 First Avenue

GV Property Group agent Luke Reaby says boutique sites for one-per-floor apartments are becoming more desirable by developers.



The whole-floor apartment trend flooding the Gold Coast apartment market

The hotly anticipated Aperture, which will be one of the most high-end apartment developments&nbsp;in Broadbeach when completed in mid-2023, has officially launched to the market.

Following on from their successful first tower in Broadbeach, Signature, which sold out earlier this year, the Melbourne-based Little Projects took a different approach to&nbsp;Aperture, which refers to the opening of a lens&#39;s diaphragm through which light passes.

This time they&#39;re targeting the luxury owner-occupier, with every apartment on offer spanning a whole-level and offering over 200 sqm of internal and external space, enough space for a downsizer.

There are just 29 apartments across the 35 levels, with 26 full-floor apartments with three bedrooms, three bathrooms and three parking spaces. They start from $2.1 million, with every level of the 120 metre building offering uninterrupted ocean views from the balcony off the living area.

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Floorplans for the double-storey sub penthouse and penthouse are still in the works, but they expect to have four bedrooms and four bathrooms each.&nbsp;

Elenberg Fraser, who has designed a number of developments&nbsp;in Melbourne, created the modernist-inspired apartment building, with hand-crafted materials and a minimalistic design featuring throughout. Gaggenau appliances and natural timber and stone have been used for the interiors, creating an extra level of luxury rarely seen in the market.

Leighton Pyke, Director of&nbsp;Little Projects Co, reckons&nbsp;the south end of Broadbeach is quite possibly the ultimate location to soak up the central coastal atmosphere.

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&ldquo;It&rsquo;s part of a very tranquil enclave just a little bit away from the heart of the vibrant retail and dining precinct but within walking distance to all that Broadbeach has to offer, and only metres from the beach,&quot; Pyke says.

Pyke said they made a conscious effort to change the course from the high-density projects and instead offer full floor collection of apartments, offering enough space for the downsizer.

&ldquo;We put a lot of thought and energy into this project, alongside our talented team of architects, to come up with a design concept that blends with the superb location of the site.&rdquo;

&ldquo;With this project, we wanted to challenge expectations on how a luxury coastal residential collection should look and feel, so we devised a sub-tropical oasis that incorporates moody tone for an effortlessly luxe feel,&rdquo; Pyke said.

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KM Sales &amp; Marketing agent Todd Matheson is handling the market.

Aperture will feature a&nbsp;lap pool on the podium level, with hotel-like day beds at either end. The pool is flanked by a long pool deck, and an adjoining 20 sqm barbecue area with outdoor dining space. On this level is a gym with a steam room.

The project sits just minutes from the patrolled Kurrawa beach, and a short walk from the heart of Broadbeach&#39;s Oracle dining and retail precinct. 
 
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Elenberg Fraser, who has designed a number of developments in Melbourne, created the modernist-inspired apartment building

Little Projects Co launch Broadbeach apartment development, Aperture

Buyers are set to get another opportunity to secure an apartment in the tightly held, and incredibly highly sought-after, Rainbow Bay.

Kingbella Group, led by Joel and Laura Percey, and&nbsp;Steer Developments, ran by Robert Steer, are teaming up again for the project, having been working in partnership for a number of years.

They&#39;ve also got&nbsp;Oliver Bagheri, Jon Quayle at Chapter Two on board for Eden Ave, proposing&nbsp;a 12-level development on the dress circle Eden Avenue, which will home 91 apartments and three townhouses.

Plus A​rchitecture​ has drawn up the plans for the Eden Avenue development, describing the tower as &quot;beachside luxe living&quot;.

It will sit across four amalgamated lots totalling 1,924 sqm between 44 and 50 Eden Avenue.

<img alt="" height="901" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/eden_ave_coolangatta_2.jpg" width="1200" />

There will be 70 two-bedroom apartments, varying in sizes and aspects,&nbsp;with each having either a&nbsp;multi-purpose room or study.&nbsp;

To keep up to date with the development and its launch, enquire here

The 24 three-bedroom apartments are located on levels nine and up.&nbsp;A unique feature of the design are the proposed two-storey &ldquo;beach houses&rsquo; that fringe the building on the ground plane.&nbsp;

The residences boast their own private street access and provide owners with all the creature comforts of a modern day beach house but with the benefit of access to resort style facilities.

The development will be&nbsp;crowned by a rooftop amenity level featuring an infinity edge pool, sun beds, adjoining spa, a wet deck, garden day beds and barbecue booths.

<img alt="" height="724" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/eden_ave_coolangatta_3.jpg" width="1200" />

An emphasis on health and wellness is apparent with a gym, sauna and steam room proposed, as well as a rare inclusion for apartment projects, an open air ice bath.

The team discussed the popular working from home trend and believe that many new apartment buildings don&rsquo;t provide the necessary space and amenity for residents.&nbsp;

In doing so, the developer revealed their plan to deliver a designated professional work space on the rooftop with six private work from home offices, or &ldquo;zoom rooms&rdquo; as many are now calling them, as well as a function room and boardroom with private outdoor dining space.

<blockquote>
&quot;Bringing a natural elegance to the barefoot beach house&quot;

Plus A​rchitecture​
</blockquote>

The development is expected to launch around Easter 2022.

To keep up to date with the development and its launch, enquire here

There&#39;s expected to be huge interest given the location, which has seen unprecedented demand in the last 12 months.

<img alt="" height="725" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/eden_ave_coolangatta_4.jpg" width="1200" />

Miles Residences kicked off the boom back in Christmas last year, when the first stage of the wider $380 million KTQ Group redevelopment of the Kirra Beach Hotel, secured a sell-out after thousands of enquiries flooded in from all over the country.

Rockpool at Rainbow Bay, the luxury apartment project of the architect-turned developer Joe Adsett, sold out before even launching. That&#39;s located just in front of Eden Ave.

There&#39;s the nearly sold-out Esprit, by S&amp;S Projects on Boundary Street, with its own luxury wellness rooftop.&nbsp;

Currently selling are the luxury developments The Emerson, by developer&nbsp;Hirsch &amp; Faigen, which has just 22 apartments, and SUR Kirra Beach, from the local Cru Collective, which has just 10 apartments, starting from $4 million.

Plus A​rchitecture​ has drawn up the plans for the Eden Avenue development, describing the tower as "beachside luxe living".

"Beachside luxe living" set for Rainbow Bay as new apartment tower proposed

The Palm Beach apartments market is showing no signs of slowing down.

Within the first month of its marketing, the Villea apartment development by the Sydney-based Abadeen Group, has locked away buyers for half of the apartments in the Mawarra Street block of 69.

CBRE&#39;s Director of Residential Projects,&nbsp;Nicholas Clydsdale, says there&#39;s been a real mix of buyers in the development, Abadeen&#39;s first outside of Sydney.

&ldquo;Apartments under $750,000 have had a strong uptake from first home buyers, while units over $850,000 have been snapped up from owner occupiers who love the protected Northern views to Burleigh Headland,&rdquo; Clydsdale said.

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&ldquo;I think the rapid sales success we&rsquo;ve had stems from the considerable value buyers recognise in Villea, with a high-end design and central positioning that offers an extremely reasonable entry point into the Palm Beach market without having to compromise on quality.&rdquo;

Just 32 two and three-bedroom apartments now remain in the eight-level, BDA Architecture-designed building, which are priced from $675,000.

&ldquo;Given the rate with which the first apartments vanished from the market, we expect the final allocation will be completely sold out within the coming weeks,&rdquo;&nbsp;Clydsdale suggested.

Villea sits ideally off the Gold Coast Highway, just&nbsp;400 metres from the Palm Beach shoreline and 800 metres from the popular swimming spot Tallebudgera Creek. Villea will have picturesque views across the coastline, Burleigh Headland and the hinterland.

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Residents of&nbsp;Villea will have access to a resort-style pool, fully equipped gym, recreational BBQ area and boutique retail strip on the street-level.

&ldquo;65% of purchases so far have come from Queensland locals, but a considerable 35% of buyers are Sydney residents, which is a rather impressive testament to Abadeen&rsquo;s reputation which has pursued them into the Gold Coast marketplace,&rdquo;&nbsp;Clydsdale added.

&ldquo;I think whether you&rsquo;re familiar with the Gold Coast or not, there&rsquo;s no denying Palm Beach is the precinct with it all, and Villea is sat right at its core.&rdquo;

Abadeen is an experienced developer that has completed more than $1.3 billion in residential and commercial projects over the past 20 years, predominantly in NSW.

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Just 32 two and three-bedroom apartments now remain in the eight-level, BDA Architecture-designed building, which are priced from $675,000

Villea, Palm Beach apartment development, secures 50% of sales in first month

Surfers Paradise was the only suburb outside of Victoria &nbsp;to make the top 10 busiest locations for property settlements.

The data was for digital settlements between January and August this year on the PEXA Exchange.

With around 1400 settlements, Surfers Paradise sat in sixth place on the list which was headed by the Melbourne LGA with over 2500 settlements.

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Tarneit sat in second place followed by Trugannina, Clyde North and Pakenham.

The top 10 was rounded out by Craigieburn, Werribee, Point Cook and Wallert with some 1100 settlements.

Mike Gill, the head of research at PEXA noted, eight of the top 10 suburbs were located in Victorian growth corridors and likely reflected the impact of the Federal Government&rsquo;s HomeBuilder scheme which offered $25K grants.

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The scheme ended in March 2021.

Surfers Paradise lead the Queensland localities followed by Southport, Maroochydore, Buderim, Hope Island, Caboolture, Coomera, Pimpama, Robina and Helensvale.

NSW&#39;s busiest locations for settlements were Sydney, Schofields, Port Macquarie Orange, Dubbo, Leppington, Marsden Park, Austral and Blacktown.

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The top 10 suburbs analysis only includes property sales settled digitally via PEXA, so excludes any paper based settlements.&nbsp;

By August 2021, over 98% of sale settlements were lodged digitally in Victoria, NSW, and SA, with over 85% in WA and 65% in QLD.&nbsp;

jchancellor-FAypfDUnLy

Surfers Paradise ranks sixth most busiest property market across Australia: PEXA

All states, bar Queensland, experienced quarter-on-quarter declines in overall sale settlements, but volumes remained well ahead of the same period in 2020, according to the latest Property and Mortgage Insights (PMI) Report from PEXA Insights.&nbsp;

Having largely avoided extended COVID-19 lockdowns, the PMI Report shows that Queensland had more sale settlements in the September quarter than the traditional powerhouse states of New South Wales and Victoria.

Queensland recorded the most sale settlements of any state for the September 2021 quarter at over 59,410, up 3.4% on the Jun-21 quarter and 42.5% on the previous year.&nbsp;

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The locked down states of NSW and Victoria sat behind Queensland reaching 58,047 and 56,196 settlements respectively.

More than $42 billion worth of property was exchanged in Queensland in the quarter, up 93% year-on-year.

Greater Brisbane saw 62% growth year-on-year and Surfers Paradise came in sixth nationally for suburbs ranked by total number of sale settlements in the year to date.

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This growth comes amidst a softening of Australia&rsquo;s property market when compared to the June quarter, but there were still a healthy 210,000 sale settlements completed nationally (up 34% year-on-year).

The New South Wales property market was clamped by the extended COVID-19 restrictions, with 58,000 sale settlements (down 4% on the previous quarter, but up 29% year-on-year) worth more than $71 billion (up 80% year-on-year) processed.

These recent declines were even more evident in Greater Sydney where extended lockdown restrictions were implemented. 
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Victoria&rsquo;s property market recorded 56,000 sale settlements (down 5% on the previous quarter, but up 34% year-on-year) worth more than $50 billion (up 79% year-on-year).

Insights show that both Greater Melbourne and Regional Victoria also experienced a decline in sale settlements from the previous quarter, however, Mike Gill, the head of research at PEXA said, Greater Melbourne experienced the sharper drop likely due to the extended lockdown restrictions implemented across the region.

Both Western Australia and South Australia witnessed a quarter-on-quarter decline of sale settlements in the absence of lockdowns.

Western Australia recorded 23,000 sale settlements (down 4% on the previous quarter, but up 36% year-on-year) worth $13 billion (up 62% year-on-year) and South Australia recorded 14,000 sale settlements (down 8% on the previous quarter, but up 20% year-on-year) worth more than $7 billion (up 35% year-on-year). 
&nbsp;

The Queensland property market has been going from strength to strength, according to the latest quarterly report

Queensland residential market activity overtakes NSW and Victoria: PEXA

Sales are continuing apace at the Ocean Tower development in Surfers Paradise.

Meriton Apartments has advised more than 65 per cent of apartments in the tower are now sold.

&ldquo;It is a tall building so we are selling it in stages,&quot; Meriton boss Harry Triguboff said.

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&quot;We have sold more than 80 per cent in the first stage and in the second higher stage we have sold more than 50 per cent of the apartments,&quot; he confirmed this month to The Australian.

The tower will be home to both luxury residential and hotel suites under the Meriton Suites brand.

Ocean, rising 76 storeys against the Gold Coast skyline, is has been designed by architects SJB.

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Ocean will be Triguboff&#39;s 19th tower on the Gold Coast.

It will be the third tallest tower in the Gold Coast area.

Ocean will be home to 404 apartments starting from level 33, featuring views which will tower over the neighbouring buildings.

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More than 65 per cent of apartments in the tower have been sold in Ocean

Meriton Apartment's Ocean, Surfers Paradise hits 65 percent sold

The Gold Coast&#39;s Runaway Bay is set to see its first residential tower to be developed in the idyllic Gold Coast waterfront enclave for almost three decades.

Belvue, French word for beautiful view,&nbsp;is set to be developed in a joint venture between Monaco Property Group and Polites Property Group, who has just lodged a development for the project.

The luxury tower on a 3,116 sqm site at 13-15 Bayview Street, has been designed for the&nbsp;owner-occupier, with just whole floor apartments.

The 31 apartments, which have four bedrooms each (or three and a multi-purpose room), will each take up a level of the 31 storey building, which is reminiscent of a resort-style hotel, without the mass number of rooms.

Plus Architecture, who are handling the design, call Belvue&nbsp;&quot;the sophisticated newcomer to Runaway Bay.&quot;

<a href="/new-apartments/15-bayview-street-runaway-bay">To be the first to know when Belvue is launched, click here.</a>

&quot;It&#39;s an elevated lifestyle with resort-style amenities,&quot; Plus advise in their design statement.

Upon entry to the waterfront site will be&nbsp;three luxury detached villas, each spanning two levels with three bedrooms and a private&nbsp;outdoor terrace area.

<img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/belvue_villas.jpg" width="1200" />

The tower is set at the rear of the block, past the luxury, resort-style swimming pool and landscaping by FORM landscape architects.

There will be a gym next to the main pool, as well as a barbecue pavilion, while past the tower is a second pool, overlooking the water. There&#39;s also a sauna and a steam room, as well as poolside cabanas, and a private terrace leading down to the beach.

The tower is targeting the owner-occupier, with each apartment having 246 sqm of internal space, with at least 23 sqm of external area. There are two balconies per apartment, one off the kitchen, living and dining area, the other accessed on the other side of the apartment.

<img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/belvue_swimming_pools._jpg.jpg" width="1200" />

<a href="/new-apartments/15-bayview-street-runaway-bay">To be the first to know when Belvue is launched, click here.</a>

&ldquo;Runaway Bay&rsquo;s development history dates back to the 1970s and it set the benchmark for residential apartment living on the Gold Coast in the 1980s and 1990s,&rdquo; Alex Polites said.

&ldquo;But since then, the Gold Coast has evolved into a sophisticated city envied not just as a holiday destination but for its coastal lifestyle. Now, finally, the time has come for the reinvigoration of Runaway Bay as one of the Gold Coast&rsquo;s premier waterfront residential addresses.

&ldquo;All of the 34 luxury residences in Belvue will offer a new design benchmark and the ultimate in sophisticated coastal living.&rdquo;

Jonathan Grasso said Belvue had been meticulously designed to capture the most amazing views the Gold Coast and to create a private resort-style atmosphere on one of the Gold Coast&rsquo;s quietest and most exclusive Broadwater enclaves.

&ldquo;Our team has spent a lot of time designing and curating what we believe will be a highly unique luxurious residential offering for this pristine part of the Coast,&rdquo; Grasso added.

Plus Architecture, who are handling the design, call Belvue "the sophisticated newcomer to Runaway Bay."

"The sophisticated newcomer to Runaway Bay" - Gold Coast suburb set for first apartment development in 30 years

The Brisbane-based Cielo Group has taken advantage of a short supply for prestige apartments in the small, tightly held Gold Coast suburb of Bilinga.

Cielo Group,&nbsp;led by Justin O&#39;Donnell and Azemm Dannaoui, had been looking for an opportunity to break in to the Gold Coast for about year, before finding the 503 sqm site at 55 Golden Four Drive, just north of Kirra&#39;s dress circle Musgrave Street.

GV Property Group sold the site, with plans by Boris Design for a&nbsp;six-level&nbsp;building with five apartments, ranging in size from two and four-bedrooms, with some of the bigger four-bedders spanning two levels.

But when Cielo secured the site, they engaged the Brisbane architecture firm Z Architects, who they had worked with extensively in the Queensland capital on a number of projects,&nbsp;to create something more striking.

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They came up with Bloom, a nine-level building with nine whole floor apartments. They created the three-bedroom plus multi-purpose room apartments with a laid back coastal luxury design. Each of the&nbsp;three bedrooms have their own&nbsp;walk-in wardrobes, while&nbsp;the master also has an&nbsp;ensuite.

The apartments have been oriented to face the beach, with the open plan kitchen (which features a dedicated bar area), living and dining space, opening to an east-facing balcony. The majority of the apartments have views over the beach.

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The resident amenity is located on the roof, so each resident can enjoy the sweeping beach views. On the 200 sqm roof is a swimming pool, barbecue area, and outdoor dining.

There&#39;s already been huge appetite for the project through CBRE Gold Coast.

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Cielo&#39;s Justin O&#39;Donnell said the product was designed to be suited to a wider range of buyers that what has generally been on offer just south in Kirra.

&quot;We might not be offering that beachfront product, but the fact is we&#39;re only 200 metres to the sand, and are offering&nbsp;something equal in the high-level of finishes and interiors, without the beach price point, which&nbsp;seems to be attracting a lot of buyers.&quot;

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Cielo Group had been looking for an opportunity to break in to the Gold Coast for quite some time, before finding the 503 sqm site at 55 Golden Four Drive



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