Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

Golden Age Group

Melbourne developer Golden Age Group knew landscaping was paramount at their new Glen Waverley townhouse development Floret.

They had ASPECT Studios design the surroundings of the 77 Rothelowman-designed townhouses and the wider 2.5-hectare development on Ferntree Gully Road.

Floret extensively features nature and green spaces throughout, which ASPECT Senior Associate, Erwin Taal, said was designed with the experience of use in mind.&nbsp;

Read more:&nbsp;<a href="/news/vic/golden-age-group-unveil-new-release-of-floret-townhouses-in-glen-waverley">Golden Age Group unveil new release of Floret townhouses in Glen Waverley</a>

[smartcode_project:default project_id=104680 project_image_fid=207734]

"The approach we’ve taken for Floret here at Glen Waverley, is we have a central garden space which is more of the community hub of the development," Taal said.

"Within this space we’ve created a series of different landscape experiences so that you can be sitting within an open air space, or you can be tucked away in a corner with your friends and family, having a conversation, having a barbecue and enjoying the beautiful outdoor environment."

The verdant landscapes create a lush backdrop for the townhomes. The interplay between the built and natural environments sets Floret apart, offering residents an oasis of tranquillity in the heart of Glen Waverley.

[smartcode_project:default project_id=104680 project_image_fid=207730]

Read more:&nbsp;<a href="/news/vic/how-golden-age-group-has-transformed-glen-waverley">How Golden Age Group has transformed Glen Waverley</a>

"One of the things we’ve tried to really emphasis within Floret is the absence of fences," Taal added.

"We just wanted to have the natural flow of the landscape from the townhouses out into the common areas. We like to have fun designing some elements in the landscape, after all a landscape is meant to be about enjoyment and about fun, and about the experiences that we don’t necessarily design for.”

Construction started on Floret earlier this year, having sold around 90 per cent of the first stage of the development.

Completion of Floret is expected to be in Q1 2025.

[smartcode_project_cta:default project_id=104680]

Floret extensively features nature and green spaces throughout, which ASPECT Senior Associate, Erwin Taal, said was designed with the experience of use in mind

alisonwarters@gmail.com

How ASPECT Studios blended nature into the Glen Waverley's newest townhouse development, Floret

Melbourne developer <a href="/developers/golden-age-group">Golden Age Group</a> has continued to focus it's development efforts in <a href="/developments/glen-waverley-vic-3150">Glen Waverley</a> in Melbourne's east, and to great success.

Following their Sky Garden apartment project above The Glen Shopping Centre, Golden Age decided to create a townhouse project in the area, based on feedback from prospective buyers at Sky Garden who preferred townhouse living.

The team then went and bought land on Ferntree Gully Road and preceded to put together plans for a townhouse project, which was given approval in October 2022.

Since then the development of just 77 two and three-bedroom townhouses designed by Rothelowman have gone from strength to strength. Some 40 per cent of the townhouses were snapped up on their launch.

A Golden Age spokesperson said the townhomes respond to the changing needs of the population by providing diverse housing options

[smartcode_project:default project_id=104680 project_image_fid=207730]

“Glen Waverley is an area predominantly dominated by single-family homes and there is little choice when it comes to townhomes, particularly architecturally-designed homes that offer a premium feel,” they said.

By March this year, the group had achieved&nbsp;$35 million in sales, with the average price point in sales ranging from $1.1 million to $1.6 million.

The townhomes are designed to be sensitive to the site’s existing context, while capitalising on an opportunity to deliver an outstanding architectural response that will set a new standard for townhouses within the area.

Golden Age Founder and Managing Director Jeff Xu said it was a matter of ‘when not if’ the group would bring a luxury townhouse project to market.

"Before even launching to market, we had a waitlist of buyers interested in a townhouse product, one that embodied the same ethos and design philosophy of Sky Garden," Xu said.

[smartcode_project:default project_id=104680 project_image_fid=207724]

Golden Age then appointed a builder in June, Cremorne-based builders&nbsp;Figurehead Construction, to construct the townhomes, which are expected to be completed by early 2025.

They've now sold over&nbsp;80 per cent of the Stage 1 release, with new park front lots brought forward to cater to demand.

There's only a limited number of four-bedroom townhomes remaining in Floret, with prices starting from&nbsp;$1,235,000.&nbsp;

[smartcode_project_cta:default project_id=104680]

A Golden Age Chief spokesperson said the townhomes respond to the changing needs of the population by providing diverse housing options

A buyer's guide to Golden Age's Glen Waverley townhouse development Floret

Golden Age has appointed Figurehead Construction to construct its second Glen Waverley project, Floret.

Figurehead have already kicked off construction of the 77-townhouse project on Ferntree Gully Road, which was approved by the local council just over a year ago.

Golden Age has sold 80 per cent of its Stage 1 release with new park front lots brought forward to cater to demand. Within a day of release, 40 per cent were snapped up,&nbsp;demonstrating the need for architecturally-designed townhomes in the growing suburb.

Designed by leading architectural firm Rothelowman, the Floret townhomes are designed to be sensitive to the site’s existing context, while capitalising on an opportunity to deliver an outstanding architectural response that will set a new standard for townhouses within the area.

[smartcode_project:default project_id=104680 project_image_fid=207734]

Figurehead Group Founder &amp; Managing Director Joe Grasso said the construction group is excited by the opportunity to deliver the Floret townhome project, alongside Golden Age.

“Their commitment to a conservative and robust design and delivery model aligns with our obligation to our key stakeholders, the end users of our product," Grasso said.

“Figurehead Construction has specialised in the delivery of townhomes since its inception in 2007, and for us, it’s important in this challenging climate that we partner with a reputable team, and take on projects we have a track record of delivering to a high standard."

Golden Age Founder and Managing Director Jeff Xu said Figurehead Construction is known for producing results of the highest calibre, something Golden Age Group strives for in the final product of their developments.

[smartcode_project:default project_id=104680 project_image_fid=207713]

“Figurehead has an extensive and diverse portfolio of more than 100 completed projects, all with unwavering quality," Xu said

"Collectively, we are eager to deliver a thorough and proactive approach to this project as it is one that will lift the standard within the area."

By using the same architecture and landscape team (Aspect Studios) as Sky Garden, Golden Age's first project in Glen Waverley above The Glen Shopping Centre, Golden Age’s project will seek to put the community at the heart, offering an array of resident amenities, complemented by extensive gardens in a secure neighbourhood that is ideal for raising families.

[smartcode_project:default project_id=104680 project_image_fid=207732]

The layouts of each townhouse are conducive to multi-generational living with ensuite ground-level bedrooms featuring courtyard access for greater privacy, while the kitchen and living areas serve as connection points.

In response to post-pandemic lifestyles which see more professionals working from home, the three-level townhouses offer much-needed separation from the ground-floor offices and higher-level living areas.

Construction is scheduled for completion in Q1 2025.

[smartcode_project_cta:default project_id=104680]

Golden Age has sold 80 per cent of its Stage 1 release with new park front lots brought forward to cater to demand



Golden Age appoint builder for Glen Waverley townhouse development Floret

Melbourne developer Golden Age Group has achieved $35 million in sales for its second Glen Waverley project, Floret

Offering 77 architecturally-designed townhouses, Golden Age’s vision for <a href="/buildings/floret-glen-waverley-583-ferntree-gully-road-glen-waverley">Floret</a> is to enliven the sought-after area with vibrant greenery, while continuing to raise the bar for residential design.

The average price point of sales to date ranges from $1.1 million to $1.6 million. Prices start from $995,000 for the entry-level, three-bedroom townhouses.

<a href="/developers/golden-age-group">Golden Age</a> Founder and Managing Director Jeff Xu said it was a matter of ‘when not if’ the group would bring a luxury townhouse project to market.

“We had a lot of buyers interested in our flagship Glen Waverley project, <a href="/buildings/sky-garden-235-springvale-road-glen-waverley">Sky Garden</a>, but for whatever reason, an apartment doesn’t suit everyone’s preferences," Xu says.

[smartcode_project:default project_id=104680 project_image_fid=207713]

"Before even launching to market, we had a waitlist of buyers interested in a townhouse product, one that embodied the same ethos and design philosophy of Sky Garden."

It was for this reason Golden Age decided to appoint <a href="/architects/rothelowman">Rothelowman</a> as the architect.

Xu said the townhomes respond to the changing needs of the population by providing diverse housing options.

“Glen Waverley is an area predominantly dominated by single-family homes and there is little choice when it comes to townhomes, particularly architecturally-designed homes that offer a premium feel.

[smartcode_project:default project_id=104680 project_image_fid=207722]

“Glen Waverley is such a highly connected suburb and there is appetite for new developments that cater to not only downsizers but young professionals and young families who are priced out of this area. Glen Waverley is an aspirational area that has traditionally been unaffordable; we’re pioneering a product not typically seen here.”

First home buyers and downsizers have been the most prominent buyers in Floret, while investors have shown interest. One investor is looking at securing a number of the townhouses.

“Existing townhouses in Glen Waverley are typically dual occupancy, or feature multiple homes on one lot with no amenities; Floret seeks to put the community at the heart with an array of resident amenities and gardens, located in a secure neighbourhood that is ideal for raising families,” Xu said.

[smartcode_project:default project_id=104680 project_image_fid=207725]

The project features a central open space that spans 1000 sqm, including an open lawn with a walking track, a fitness station, barbecue and picnic area, and a children’s play area.

An entry boulevard of evergreen canopy trees will line the perimeter of the site, while a network of trees will create green corridors across the development site.

Figurehead is due to commence construction this month with completion earmarked for Q1 2025.

Read more:&nbsp;<a href="/news/vic/how-golden-age-are-tapping-into-untapped-markets-five-minutes-with-golden-ages-dandan-zhao">How Golden Age are tapping into untapped markets: Five minutes with Golden Age's Dandan Zhao</a>

[smartcode_project_cta:default project_id=104680]

Golden Age secure $35 million in sales at Floret, Glen Waverley

Melbourne developer Golden Age Group are soon to launch their latest Glen Waverley development, following the success of Sky Garden, their apartment project above The Glen shopping centre.

Their new project, Floret, at 583 Ferntree Gully Road, comprises&nbsp;77 architecturally-designed townhouses, which Golden Age believe will&nbsp;fill a much-needed gap for new developments within the thriving suburb.

Designed by leading Melbourne architect Rothelowman, the townhomes are designed to be sensitive to the site’s existing context, while capitalising on an opportunity to deliver an outstanding&nbsp;architectural response that will set a new standard for townhouses within the area.

Golden Age Chief Marketing Officer Dandan Zhao said the townhomes respond to the changing needs of the population by providing diverse housing options.

“Glen Waverley is an area predominantly dominated by single-family homes and there is little choice when it comes to townhomes, particularly architecturally-designed homes that offer a premium feel,” Zhao said.

“Glen Waverley is such a highly connected suburb and there is appetite for new developments that cater to not only downsizers but young professionals and young families who are priced out of this area. Glen Waverley is an aspirational area that has traditionally been unaffordable; we’re pioneering a product not typically seen here.”

<img alt="The living area in Floret" data-entity-type="file" data-entity-uuid="aef88c85-3dd5-4b40-b874-008ccfdd4ded" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-18%20at%2010.26.12%20am.png?VersionId=ADF5JAPd.0d4n_kIsggUijS8zjP0B0YT" />

With existing townhouses in Glen Waverley typically being dual occupancy, or featuring multiple homes on one lot with no amenities, Golden Age’s project will seek to put community at the heart, offering a number of resident amenities complemented by extensive gardens in a secure neighbourhood that will likely draw families to Floret.

Concept designed by Aspect Studios, the central open space - a 1000 sqm central park - offers an open lawn with walking track complemented with facilities such as a fitness station, barbecue and picnic area, and a children’s play area with seating walls, offering convivial social spaces for residents. An entry boulevard of evergreen and deciduous canopy trees will line the perimeter of the site, while a network of trees will create green corridors across the development site.

The layouts of each townhouse are conducive to multi-generational living with ensuite ground-level bedrooms featuring courtyard access for greater privacy, while the kitchen and living areas serve as connection points.

In response to post-pandemic lifestyles which see more professionals working from home, the three-level townhouses offer much-needed separation from the ground-floor offices and higher-level living areas.

Rothelowman’s design inspiration was capturing character through texture and tactility. Timber is used throughout, both compositionally and strategically, as a defining element. It can be seen oscillating across streetscapes, as enveloping covers, and in feature moments.

“This project has a prominent internal urban planning strategy that makes it unique, Shane Rothe, Principal and Founding Director of Rothelowman said.

"While it responds to a mixed external context, the lush streets and inviting open spaces within the complex promote connectedness and provide a place for the community to connect."

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Floret comprises 77 architecturally-designed townhouses, which Golden Age believe will fill a much-needed gap for new developments within the thriving suburb



Golden Age Group secure approval for latest Glen Waverley development, Floret

The Melbourne developer Golden Age Group has commenced construction on the first two stages of its Willow Springs land estate in the city&rsquo;s west, following the sell-out success of its first three stages, totalling close to $50 million.

With a mix of first-home buyers, owner-occupiers and investors snapping up the land parcels, stage three&nbsp;of Willow Springs was brought forward to meet overwhelming demand, with stage four earmarked for the end of February.

Situated 30km west of Melbourne&rsquo;s CBD in the state&rsquo;s fastest-growing region, Golden Age Group&nbsp;purchased the site in 2017, keenly aware of its potential once key infrastructure had been established.

Golden Age Group Founder and Managing Director, Jeff Xu, said that the Willow Springs site, set within Melbourne&rsquo;s Urban Growth Boundary, offers the ultimate location for a new residential community with its welcoming streetscapes and family-friendly green areas.

[smartcode_project:default project_id=104354 project_image_fid=190575]

&ldquo;Rockbank&rsquo;s proximity to schools, supermarkets and retailers, child care, aged care facilities, and public transport positions it as a perfect base in Melbourne&rsquo;s strong performing western growth corridor,&quot; Xu said.

&ldquo;What sets Willow Springs apart is it is a smaller-scale boutique development yet it still benefits from nearby amenities.&quot;

Willow Springs is centred around&nbsp;7,000 sqm of lush parkland that is ideal for families, complete with charming streetscapes designed by award-winning landscape architects, Flemings.

Located at 520-578 Greigs Road, Rockbank, Willow Springs&nbsp;is within easy reach of shopping and entertainment precincts like Woodgrove Shopping Centre, the newly opened Woodlea Town, Taylors Hill Village and Watergardens Town Centre. In addition, the location offers easy access to transport with Rockbank Train Station&nbsp;1.5km away.

Winslow Constructors have been appointed for the first two stages, with ground breaking commencing February 1.

Upon completion, Willow Springs will be home to over 400 homes with three more stages to be released throughout 2022.

Land at Willow Springs starts from $238,000.

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Golden Age Group Founder and Managing Director, Jeff Xu, said that the Willow Springs site offers the ultimate location for a new residential community



Golden Age Group begin construction on Willow Springs land estate in Rockbank

If having a garden is important to you, then you'll love our latest display suite tour. As the name suggests, <a href="/buildings/sky-garden-235-springvale-road-glen-waverley" target="_blank">Sky Garden</a> is home to an impressive 4000 square metre garden podium with views spanning the city skyline.

Watch our video of Sky Garden:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/ul7MDZTMcI4" title="YouTube video player" width="660"></iframe>

<h2>SKY GARDEN AT A GLANCE</h2>

Developer: <a href="/developers/golden-age-group" target="_blank">Golden Age Group</a>

Architects:&nbsp;<a href="/architects/rothelowman" target="_blank">Rothelowman</a>

Location:&nbsp;235 Springvale Road, Glen Waverley VIC 3150

[smartcode_project:default project_id=2881 project_image_fid=162982]

The amenities on offer at Sky Garden are extensive and carefully curated.

Wellness is a key focus, with a luxurious swimming pool, spa and sauna, bookable treatment rooms and a two level gymnasium. While lounge areas, mahjong rooms and an in-house cinema provide the perfect spaces to relax and socialise.

Outdoor zones are found throughout the development, with stunning views spanning the city skyline.

[smartcode_project:default project_id=2881 project_image_fid=148754]

Each Sky Garden living area prioritises the best views towards the city and Dandenong ranges. Interiors have been inspired by nature, with soft timber and stone, with floor-to-ceiling glazing letting in plenty of natural light.

All kitchens boast state-of-the-art fittings and bronze-tone tapware. Apartment bathrooms feature frameless showers and floating vanities.&nbsp;

[smartcode_project:default project_id=2881 project_image_fid=162984]

To learn more about the apartments available for sale, <a href="/buildings/sky-garden-235-springvale-road-glen-waverley" target="_blank">request a call from a Golden Age Group sales consultant</a> today via Urban.

[smartcode_project_cta: project_id=2881]

Olivia Round

Display Tour: Sky Garden by Golden Age Group in Glen Waverley, VIC

Golden Age have recently completed Sky Garden, the residential complex in&nbsp;Glen Waverley set above The Glen shopping centre.

The well-regarded architecture firm Rothelowman designed the three towers in south-east Melbourne.

Urban recently spoke to Joe, a renter at Sky Garden, and found out what it&#39;s like living in the development.

JR: What first drew you to Sky Garden?

Joe: I found it by accident while I was looking for somewhere to live. When I went through the website and saw the facilities I made an appointment to see it. As soon as I walked into the room I am sitting in right now, I absolutely fell in love with it.

[smartcode_project:default project_id=2881 project_image_fid=162989]

I thought it was magnificent. I looked out onto the garden, BBQ facilities and was taken down to look at the 25m pool, gym and enjoyed its location above a shopping centre.

I have doctors, dentists, clinics, shops and restaurants right downstairs &mdash; this all really appealed to me. I absolutely love it.

[smartcode_project:default project_id=2881 project_image_fid=162982]

JR: How long had you been searching for a property?

Joe: I was looking for a month. 

JR: Were you always looking for an apartment?

Joe: No, I initially had a townhouse in mind because it has its own garage.

I have a nice Audi so security was a big thing. But when I found this and saw that it has a storage cage, it ticked all the boxes for me.

JR: Why did you choose Glen Waverley? 

Joe: I walk to work, which is 15 minutes away, when I can so that appealed to me.&nbsp;I&rsquo;ve been working in Glen Waverley for the last 38 years.

[smartcode_project:default project_id=2881 project_image_fid=148830]

I also looked at Burwood and Notting Hill, but this one ticked all boxes, as it&rsquo;s so convenient and close to work.

JR: Did you have a set of criteria that the apartment had to meet? 

Joe: Not really. This has two bedrooms, two bathrooms, a good-sized living area and a lovely big balcony. The kitchen is a touch small, but ideal for me.

[smartcode_project_cta: project_id=2881]

Urban recently spoke to Joe, a renter at Sky Garden, and discussed what it's like living in the development


Resident insight: What it's like living in Glen Waverley's Sky Garden

Residents of Golden Age Group&#39;s Sky Garden apartment development in Glen Waverley will have access to a resident-only rewards program.&nbsp;

The concept was introduced upon settlement in a bid to support retailers following the extended lockdown Melbourne.

The customised app gives residents a reward program for retail outlets in The Glen shopping plaza, located beneath the recently completed development designed by Rothelowman where 536 apartments sit across three towers.

[smartcode_project:default project_id=2881]

The offers range between&nbsp;discounts at homeware&nbsp;stores to bulk-billed in-home clinic vists from the local medical clinic.

The Glen underwent a $430 million redevelopment&nbsp;in 2019 and now homes a mix of 240 shops and eateries.

<a href="https://www.google.com/search?q=sky+garden+urban&amp;oq=sky+garden+urban&amp;aqs=chrome.0.69i59j69i60l3.7044j0j9&amp;sourceid=chrome&amp;ie=UTF-8"><img alt="" height="899" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sky_garden_glen_waverley.jpg" width="1600" /></a>

There are only around 75 apartments left in the 536 apartment tower, with prices starting from $498,000 for one bedroom apartments and $668,000&nbsp;for two bedroom apartments. Three bedroom apartments are priced from $1,118,000.

There&#39;s a 4,000 sqm private garden located above the plaza which features fitness and play areas, a bar, lounge and a dining space.

Residents will also have communal gaming rooms, private cinema and media rooms, a fully equipped gym, heated lap pool and a sauna and steam room.

Residents of Golden Age Group's Sky Garden apartment development in Glen Waverley will have access to a resident-only rewards program 



Glen Waverley's Sky Garden offering residents unique reward program

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The 5-star Green Rating Emerald features a striking organic rippling form infused with shades of green and silver. Inspired by the organic movement of a wave, The Emerald is an architectural masterpiece that is at once both soft and striking.

<ul>
<li>Enviable location in the heart of South Melbourne.</li>
	<li>High quality and spacious residences.</li>
	<li>Luxurious amenities.</li>
</ul>
<figure><a class="colorbox colorbox-insert-image" href="/buildings/emerald-35-albert-road-south-melbourne?utm_source=sms&amp;utm_medium=sms" rel="gallery-all"><img alt="" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/emerald-35-albert-road-south-melbourne-6eb90687f40a6834e29d66e4f2088b80.jpg?itok=4DE528T8" style="width: 580px; height: 435px;"></a></figure>Looming high above Melbourne’s Albert Park Lake and Botanical Gardens, this thriving mixed-use development incorporates 290 apartments, a rooftop garden and spa, plus ground-floor commercial and retail businesses that contribute to the urban landscape. The exclusive Emerald apartments in South Melbourne features custom designed and produced vanities by Omvivo for Hecker Guthrie.

The intention with The Emerald was to unite the high-end nature of the location and design, with a laid-back family-friendly spirit. Joined together, they ignite a sense of conscious community.
</body></html>

Golden Age Group

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