The residential transformation of St Kilda Road is set to continue into with more new apartment plans for the sought-after boulevard.

Wing Tai Asia has lodged plans for a major residential tower at 464-466 St Kilda Road, replacing the former VACC House with an 18-storey mixed-use development designed around a retained heritage podium and a sculpted contemporary tower.

The proposal, prepared under Victoria’s Significant Residential Development with Affordable Housing pathway, would deliver 325 apartments and ground-floor retail across the prominent 4,653 sqm boulevard site in Melbourne’s St Kilda Road North Precinct.

The project centres on the adaptive reuse of the site’s heritage-listed VACC Building, an eight-storey office designed by Bernard Evans that has occupied the address for decades. Planning documents state the development would involve “carefully dismantling and conserving off-site the original metal fabric of the podium visible from St Kilda Road,” before reinstating it as the defining frontage of the new scheme.

Above the restored podium, Wing Tai is proposing a curvilinear residential tower. The scheme includes 172 one-bedroom apartments, 63 two-bedroom apartments, 66 three-bedroom apartments, and 24 four-bedroom apartments, alongside two ground-floor food and beverage tenancies fronting St Kilda Road.

The tower has been designed with substantial articulation and variable setbacks to minimise perceived bulk and maintain view corridors along the boulevard. Urbis, which prepared the planning report, said the design “has been significantly articulated through a curvilinear design” with “an interplay with materials, façade expression and depth” to create visual separation and visual interest.

The proposal also includes 254 basement car spaces, landscaped pedestrian links connecting St Kilda Road and Queens Lane, and a biophilic landscape strategy featuring canopy trees, raised planters, cascading greenery and a glass oculus pool overlooking the eastern frontage.

Planning documents confirm the $270.1 million development will contribute 3 per cent of project costs to the Social Housing Growth Fund as part of the application process.

Wing Tai acquired the St Kilda Road property in 2018 alongside Abacus Property Group for $95.38 million, before later consolidating ownership of the site. The property previously served as the Victorian Automobile Chamber of Commerce headquarters for around 60 years.

The transformation of the St Kilda Rd boulevard is already beginning to materialise, with a number of high-profile projects recently completed, launched, or approaching launch as developers continue to back the long-term appeal of the precinct.

Among the most notable recent completions is Louise by Samuel Property Group, just off the strip on Queens Lane, the same pocket Hirsch &amp; Faigen recently launched The Queensbury. Mirvac is too on the same street with The Albertine, which is approaching completion.

Dexus recently secured approval for its slice of St Kilda Road, while Gurner also has approved plans for the precinct.

Joel Robinson

Wing Tai unveils 325-apartment St Kilda Road tower on former VACC House site

Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
</section>
</section>

[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Goldfields

National diversified property developer Goldfields Group has launched it's maiden Chatswood apartment development, The Bryson of Chatswood.

The project, on the Pacific Highway near Beauchamp Park, will comprise 70 one, two and three-bedroom apartments across its 26 levels, including a collection of&nbsp;skyhomes and penthouses.

Located in the heart of Chatswood, the 90 metre tall tower offers expansive views across the Sydney CBD and beyond. Drawing on Sydney’s established narrative, this development embraces its context with a design language inspired by both the industrial ambience and urban vibrancy of its streetscape.&nbsp;

Goldfields CEO Lachlan Thompson said that the launch of The Bryson marked a significant milestone for the increasingly diversified developer.

“We are very excited to mark the latest step in our strategic vision for expanding our presence in New South Wales,” Thompson said.

[smartcode_project:default project_id=21170 project_image_fid=210270]

“Sydney’s Lower North Shore has become one of the most sought-after places to live and work in Australia and we see this trend continuing well into 
the future.

“We saw an unmissable opportunity to bring high-quality mixed-use residential space to an area that is demanding it. We are thrilled to present our vision for The Bryson at the heart of booming Chatswood.”

<h2>The Design</h2>

Architecture firm MAKE handled the design of The Bryson, noting they&nbsp;designed the building form with four vertical ceramic blades that create a full-height cruciform shape.

[smartcode_project:default project_id=21170 project_image_fid=210266]

"The blades curate apartment views and define the residential quadrants of the floorplate, while controlling daylight exposure, shading and ventilation.

"Their earthy, terracotta colour will visually ground the building within its local context, taking a cue from nearby brick residential buildings.

There was also a focus on wellbeing in The Bryson, which features&nbsp;communal open areas with a swimming pool, reading lounges, pool deck, outdoor terraces with barbecue facilities, dining areas and fire pit lounges.

"We’ve maximised the podium rooftops to provide amenities to residents, including a lap pool, outdoor dining spaces, a yoga terrace and landscaped terrace gardens," MAKE added.

"We’ve also included landscaping at the ground level and publicly accessible open space that’s shaded by large canopy trees.

"With its projected 5 Star Green Star rating, it will set the standard for future development in the Chatswood area."

<h2>The Location</h2>

The Bryson is located in the heart of Chatswood, offering residents easy access to a range of transport connections. The area is serviced by multiple bus routes and train lines, with Chatswood Station just a short walk away. The M2 Motorway also offers direct access into Sydney’s CBD and beyond.&nbsp;

[smartcode_project:default project_id=21170 project_image_fid=210265]

For international travellers, The Bryson offers convenient proximity to both Sydney Airport and Kingsford Smith International Airport. Residents can also take advantage of nearby ferry services which provide direct links to Manly Beach and other popular destinations along the harbour foreshore.&nbsp;

In addition to its excellent transport connections, The Bryson also enjoys close proximity to some of Sydney’s most iconic attractions including Taronga Zoo, Luna Park and Balmoral Beach.

“Chatswood is a mecca of multi-faceted appeal,” Thompson added.

“The area has several quality schools, an abundance of parks and green space, seamless connection to major arterials and transport exchanges and nurtures a thriving commercial landscape which positions it as a suburb of convenience and ample future opportunity.

“We are thrilled to be part of the ongoing evolution of the vibrant Chatswood skyline through the carefully considered design of The Bryson.”

<h2>The Amenity</h2>

Nature is a constant thread through the building’s shared spaces, offering lush garden zones, earthy tones, fresh air and natural light throughout.

[smartcode_project:default project_id=21170 project_image_fid=210275]

The rooftop terrace was designed as an urban resort.&nbsp;Offering views across the surrounding Chatswood CBD, the rooftop features a swimming pool, terrace, gardens, barbecue facilities, and outdoor furniture.

Integrating into the vibrant public realm of Chatswood is a ground floor retail offering that acts as a threshold between the neighbourhood and the private residences above. Strata office suites will be located on levels two and three.

<h2>What's on offer</h2>

Colliers Australia are handling the sales, with prices starting from $865,000 for the one-bedroom apartments.

The two-bedroom apartments range in price from $1,195,000 for a unit without parking, to $1,765,000 for a two-bedroom, two-bathroom apartment with a parking space.

The largest apartments, the three-beds, start at $2.34 million and rise incrementally to $4.63 million for the sub-penthouses.

[smartcode_project_cta:default project_id=21170]

Colliers Australia are handling the sales, with prices starting from $865,000 for the one-bedroom apartments

Goldfields launch The Bryson of Chatswood apartments

National developer Goldfields' first foray into the Brisbane apartment market was no snap decision.

It's taken the prominent diversified developer years to put the plans together, seeking local market insights from the Colliers QLD team on the correct product mix for current market conditions.

Colliers International Australia’s Andrew Scriven, who will be heading the sales team for 33 Manning in Milton, believes the landscape has shifted significantly in residential real estate in the last two to three years.

Scriven says developers now needed to be “smarter and more considered, not only when finding opportunities but in seeing them through”.

“COVID brought with it changes that we didn’t expect but also provided opportunities we didn’t see, initially in the house and land space but subsequently in the apartment space as people chose to change the way they live,” he says.

“This could be changing states or downsizing from a larger house. This has created opportunities for developers and one of those has been tapping into previously undersupplied markets.”

As part of the consulting team behind 33 Manning, Scriven points to a combination of data insights and deep geographical and sector expertise being more valuable than ever before.

In-depth data analysis formed a critical part of the development of the new 18-storey, 131-apartment building. The insights gained helped inform the location, design and offering of the residential tower.

[smartcode_project:default project_id=108736 project_image_fid=209694]

“Population growth is a key indicator for changing consumer behaviour and it’s hard to ignore the opportunities offered by the explosive population growth in South-East Queensland and Brisbane over the past two years," Scriven says.

"Net interstate migration exceeded 30,000 people in 2021 and population growth in Queensland was recorded at 1.6% 1 ”.

Considered alongside the lack of available of stock within the western suburbs of Brisbane, Goldfields, development partner Icon, and Colliers saw an opportunity for maximising the post-COVID market.

Scriven believes few have fully understood the potential value of the western suburbs of Brisbane.

“The western suburbs have been undersupplied for some time, and local migration is still increasing at a faster rate than the supply of new homes on this side of the city,” he says.

[smartcode_project:default project_id=108736 project_image_fid=209692]

“We identified that buyers want to live in the western suburbs and as such we needed to deliver a diverse range of product to cater to a wide range of buyers and occupants. 33 Manning does just that with its mix of one, two and three bedroom apartments and penthouses with river and city views.”

Scriven says downsizers are actively seeking out lifestyle precincts that offer connection and a village atmosphere.

“These buyers are looking to stay close to the things they know while enjoying new experiences and unlocking value,” he says. “For investors, the market fundamentals on offer in Milton are its relative affordability compared to other states as well as the population and employment growth in the area.

“With the Olympics around the corner and low supply levels a result of construction and supply chain issues, we don’t see any of these fundamentals changing significantly for some time.”

For Scriven, the city’s low vacancy rate, which is currently under 0.7% is another indication why suburbs like Milton will experience increasing demand for housing.

<h2>Apartment resurgence</h2>

The combination of useful data and deep expertise is critical for developers looking to find value and stay ahead of the market. Similarly, collaboration with leading consultants and experts is invaluable.

[smartcode_project:default project_id=108736 project_image_fid=209693]

“We started to recognise that although sea-changers and tree-changers initially started buying land to build bigger houses at the height of the pandemic, affordability and confidence has led to a recent resurgence in apartment living.

“Additionally, many owner occupiers have been unlocking equity as house prices rise, downsizing their home while upsizing their lifestyle,” he said.

In Brisbane, there is currently a 46 per cent difference between the average house price and apartment price; the largest gap in the country, and the most significant in 10 years. Apartments in the city are currently providing the most value for owner occupiers and opportunity for investors.

[smartcode_project_cta:default project_id=108736]

Scriven says downsizers are actively seeking out lifestyle precincts that offer connection and a village atmosphere

How on the ground insights helped create 33 Manning in Brisbane's Milton

The national property developer Goldfields is already seeing high demand for it's maiden Western Australia land development, set in the heart of wine country, Margret River.

The 47 hectare masterplan, called Spindrift, will be officially unveiled this month.

Construction has begun on the 423-lot project, three kilometres south of the Margaret River town centre in WA's South West area.

Spindrift is surrounded by a developed community to the west and established Karri trees to the north and east. The first release of land will have prices starting from $194,500.

Gareth Wilson, Goldfields General Manager in WA, said Spindrift was perfectly positioned within a short drive to town while still having access to the natural beauty of Margaret River.

He said the development’s larger lots, intelligent design and landscaped reserves would make it highly sought after in a constrained local real estate market.

“Margaret River offers a unique opportunity to live in one of Australia’s most picturesque and renowned destinations and continues to be one of the most sought-after regions in WA,” Wilson said. “Housing demand has continued to outweigh supply in Margaret River which is testament to the attractiveness of the South West lifestyle.

“Spindrift will play a pivotal role in meeting short and medium term demand for housing in Margaret River.”

Spindrift is centred on a strong sense of community, where residents can immerse themselves in nature while still enjoying the comforts and amenity of modern life. It&nbsp;will offer all the amenities expected of a contemporary estate, including immediate access to neighbouring parks and playgrounds, schools, shopping strips, cafes, restaurants and medical facilities.

<img alt="Spindrift Goldfields" data-entity-type="file" data-entity-uuid="45ea4607-d6af-4c87-9448-52c216d28499" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-11-28%20at%201.43.30%20pm_0.png?VersionId=g3sfILTkHvjeotjkCCiCGs2Xg1k2gbdh" />

Brook Palmateer, Associate Director at Acton Belle Property in Margaret River, said early interest levels in Spindrift were on par with that seen at larger, metropolitan housing developments.

“Interest is coming from a wide variety of people, but particularly local homebuyers,” Palmateer said. “That early interest has been all the greater because there are very few blocks on the market in the region at the moment.

“Everything has sold, there is hardly anything titled on the market and the only things that are titled at the moment are on very steep blocks that are harder and more expensive to build on. We have a significant lack of stock at this price point for people to choose from, across the whole South West region but particularly in Margaret River.”

The Augusta-Margaret River Shire recorded a sharp 17.8 per cent increase in population from 2016 to 2021 in Census data released by the Australian Bureau of Statistics. The estimated local population of 17,298 represented a year-on-year increase of 2.85 per cent compared to 0.93 per cent population growth in Regional WA more broadly.

According to the Real Estate Institute of WA (REIWA), there were a total of four properties advertised for rent on reiwa.com on 31 October 2022. In October 2021 there were two, and in October 2020 just one.

“We have a housing crisis in Margaret River and the surrounding region at the moment,” Palmateer added. “People cannot find anywhere to live – there is nowhere that is suiting them to buy, there’s no land to build on and we’ve got a rental shortage, and almost zero percent vacancy rate.

“80% of the walk-ins to our office are people looking for rentals. Margaret River in particular, closely followed by Dunsborough, are in the highest demand. Not only are a growing number of people keen to move here and enjoy the beautiful lifestyle now that they have more flexibility with working arrangements, but there are a lot of local people that are looking for housing as well, people that have been here 20-30 years. It is across the board.

“Spindrift is ideally situated to address this significant need for more housing in Margaret River and it is doing so at a great price point, in a central location close to amenities and all the natural beauty the region has to offer. This land will be snapped up swiftly.”

Construction has begun on the 423-lot project, three kilometres south of the Margaret River town centre in WA's South West area.

Goldfields launch Margaret River land estate, Spindrift

Joint venture partners Goldfields and Icon Developments have been given the green light for their first built form project in the burgeoning&nbsp;Brisbane apartment&nbsp;market.

The 18-level tower, named after its Milton dress circle location at 33 Manning, has been designed by renowned architects Rothelowman and will see 131 apartments created in the popular inner western Brisbane suburb.&nbsp;

Strategically located two kilometres from the&nbsp;Brisbane&nbsp;CBD and adjacent to the Park Road precinct, the 1,600 sqm site will feature city and river&nbsp;views,&nbsp;a rooftop pool&nbsp;and convenient transport options.&nbsp;With the&nbsp;project&nbsp;receiving&nbsp;development&nbsp;approval&nbsp;late last&nbsp;week, construction&nbsp;is set&nbsp;to commence in early 2023.&nbsp; 
&nbsp;

<img alt="33 Manning living" data-entity-type="file" data-entity-uuid="46602173-efaa-40b2-9a84-cfb270f4c49c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/220624_PH_LIVING_0.jpg?VersionId=ZswsEnH9ySqvrFbjZtwFviwp47XbVzrU" />

“We are excited to&nbsp;re-imagine&nbsp;the traditional Queenslander&nbsp;for&nbsp;the 21st century with this landmark new project that&nbsp;allows us to bring over a decade of&nbsp;built form&nbsp;experience&nbsp;across Australia into&nbsp;the rapidly growing and undersupplied Queensland market,” Lachlan Thompson, Goldfields&nbsp;CEO, said.&nbsp;

“Explosive population growth in South-East Queensland and Brisbane over the past two years,&nbsp;coupled&nbsp;with&nbsp;net&nbsp;interstate migration&nbsp;which&nbsp;exceeded&nbsp;50,000 people in&nbsp;the last 12 months,&nbsp;has created an ideal environment for a well-located development with&nbsp;progressive&nbsp;design credentials to meet&nbsp;a&nbsp;growing&nbsp;requirement.

“There has been an undersupply of new housing&nbsp;across most&nbsp;of Brisbane for some time&nbsp;and the continued low vacancy rates in the&nbsp;Milton&nbsp;area&nbsp;point to&nbsp;the rise in&nbsp;demand&nbsp;in this precinct in particular.”

Icon Developments’&nbsp;Nick Sestak said 33 Manning represented an opportunity for Icon Developments to partner with leading&nbsp;national&nbsp;developer Goldfields on our first development joint venture in Queensland.

Rothelowman’s Nick Williams says the project celebrates&nbsp;the Sunshine State’s heritage.

<img alt="Dining area 33 Manning" data-entity-type="file" data-entity-uuid="b17a6f2d-2b60-48a1-acff-6ceba7bcb289" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/90F9A8A0-8A84-4613-9978-C6017DEA8727.jpeg?VersionId=.Xmi3t7uyvICoGatymNK1VI2KrCrmrmG" />

”33 Manning pays homage to the verandah – the culmination of the functional intelligence of the traditional Queensland home,” Williams said.

“33 Manning brings the scale and function of a traditional Queensland home to an apartment building, aligned to Queensland’s subtropical climate while transforming it for contemporary high-rise living.

“33 Manning is an open embrace to the sunlight and temperate breezes that give Brisbane its allure,&nbsp;with&nbsp;a&nbsp;design&nbsp;language&nbsp;centred on indoor/outdoor living and elevated by the&nbsp;panoramic views across the Brisbane River and city skyline.”

The striking tower will home a mix of&nbsp;one, two and three-bedroom homes&nbsp;and penthouses&nbsp;designed to&nbsp;enhance inner-city living.

The rooftop pool will offer 180-degree views&nbsp;from&nbsp;Mount Coot-tha to the Brisbane CBD. Communal dining&nbsp;spaces,&nbsp;a&nbsp;yoga&nbsp;area,&nbsp;and the&nbsp;verdant landscaping of the zengarden provide further amenity.

Milton is an evolving area nestled between the established suburbs of Paddington, West End and South Brisbane,&nbsp;in close proximity to transport options, the Brisbane CBD and River and&nbsp;an&nbsp;eclecticarray of&nbsp;cafes, eateries and bars.

Colliers agent Andrew Scriven says migration to&nbsp;Brisbane&nbsp;has continued to increase at a faster rate than the supply of new homes.

“Post-pandemic, we have&nbsp;started to recognise&nbsp;that although sea-changers and tree-changers initially started buying land to build bigger houses at the height of the pandemic, affordability has led to a recent surge in apartment living,” Scriven said.

“Additionally, many owner occupiers have been unlocking equity as house prices rise, downsizing their home while upsizing their lifestyle.&nbsp;City side precincts like Milton that provide river and city views, an active healthy lifestyle and connectivity in a burgeoning village atmosphere tick the box for these buyers.

“In Brisbane,&nbsp;there is currently a 46% difference between the average house price and apartment&nbsp;price,&nbsp;the largest gap in the country, and the most significant in 10 years. Apartments in the city are currently providing the&nbsp;great&nbsp;value for owner occupiers&nbsp;and investors alike.

“With population growth&nbsp;now exceeding&nbsp;50,000 per year, relative affordability when compared to traditional houses and&nbsp;indeed&nbsp;interstate apartments markets, a vacancy rate less than 1% and the city moving towards the 2032 Olympics,&nbsp;the investment equation has never been as strong.”

&nbsp;

The 18-level tower, named after its Milton dress circle location at 33 Manning, has been designed by renowned architects Rothelowman

Goldfields and Icon secure approval for Milton apartment tower

Leading diversified property development group Goldfields is continuing to invest in Australia's regional markets, securing a site in&nbsp;Grantville,&nbsp;on the east coast of Western Port, Victoria.

The $17.8 million purchase of the 13-hectare site will see around 160 lots created as part of a masterplanned residential community.

Strategically located between Phillip Island and Melbourne, and a stone’s throw from Grantville Pier, the estate will offer easy access to Western Port Bay and surrounding beaches, the Bass Highway, Phillip Island, natural bushland and nearby retail and food outlets.&nbsp;

The acquisition bolsters Goldfields’ commitment to investing in regional centres, following the developer’s recent purchase of sites in Margaret River, Western Australia, and Shepparton, Victoria.

Goldfields’ Chief Executive Officer Lachlan Thompson said the new site was reflective of the property developer’s belief in Australia’s regional housing markets.

“This site represents the third residential masterplanned community Goldfields has acquired so far this year," Thompson said.

"We’re always searching for growth opportunities and are bullish on regional markets in areas with a diverse economy, healthy government infrastructure spend and good local amenities."

Goldfields’ National Director of Communities, Paul Cicchiello, said Goldfields saw an opportunity to purchase one of the last remaining sites along the Bass Coast.

“The iconic Bass Coast is being protected from overdevelopment by the local Council’s Distinctive Areas and Landscapes Program,"&nbsp;Cicchiello noted.

"With limited supply in the region and demand for residential housing in regional Victoria increasing, Goldfields is excited to offer future residents a peaceful, well-connected coastal lifestyle.&nbsp;

“Goldfields remains steadfast in its commitment to creating functional, quality housing communities in areas where people actually want to live.

"We’re expecting this new masterplanned community to appeal to sea changers from Melbourne, upgraders working the south-eastern suburbs of Pakenham and Cranbourne and local first-home buyers.

"This&nbsp;project will provide residents with an excellent coastal lifestyle in a sought-after region with easy access to Melbourne,” he said.

Construction is expected to begin in 2024.

Goldfields’ Chief Executive Officer Lachlan Thompson said the new site was reflective of the property developer’s belief in Australia’s regional housing markets

Goldfields secure Bass Coast masterplan community site

The diversified national property development group, Goldfields, has bulked up its regional Victoria residential development pipeline, securing three adjoining sites in Shepparton.

Situated in the Shepparton South East Precinct Structure Plan (PSP), the largest of five proposed major growth corridors in the Shepparton-Mooroopna urban area, the newly acquired sites are set to become a masterplanned residential community comprising of approximately 450 lots (subject to council approval).

Located a stone&rsquo;s throw away from the Shepparton town centre, the estate will offer easy access to local primary and high schools, Coles and Woolworths supermarkets and retail favourites Bunnings and Kmart.

Future residents will also benefit from its proximity to the Shepparton Railway Station, with the Victorian Government&rsquo;s Stage 3 upgrade of the Shepparton Line due to commence this year. The works will deliver additional Shepparton to Melbourne rail services with a shorter travel time.

The acquisition further bolsters Goldfields&rsquo; commitment to investment in regional centres and follows their purchase of a <a href="/news/wa/goldfields-expands-into-wa-with-margaret-river-house-and-land-site-acquisition">400-lot, $8 million site in Margaret River, WA announced in February</a>.

Goldfields&rsquo; National Director of Communities, Paul Cicchiello, said the recent purchase of the residential sites in Shepparton reinforced Goldfields&rsquo; commitment to targeting strategic opportunities in Victoria&rsquo;s regional growth areas.

&ldquo;Demand for residential land across regional Victoria continues to grow, and Shepparton is no exception. It&rsquo;s experiencing significant population growth, which is supported by infrastructure investment from the Victorian and Federal governments,&rdquo; Cicchiello said.

&ldquo;Goldfields is excited to meet this demand to ensure Shepparton can continue to thrive. Our approach will deliver a functional, quality community that adds value and celebrate Shepparton&rsquo;s natural surrounds.&rdquo;

Goldfields&rsquo; Chief Executive Officer Lachlan Thompson said that the new project will provide an unrivalled offering, with quality amenities and green open spaces creating an attractive opportunity for first home buyers, families and investors alike.

&ldquo;These sites are perfectly positioned in the Shepparton South East PSP, providing residents access to an excellent array of amenities,&quot; Thompson said.

&quot;This new urban development will create an interconnected community with easy access to existing retail centres, extensive aged care accommodation, local parks and other community facilities.&rdquo;

&ldquo;Shepparton has a history of low rental vacancies and strong yields for investors. It&rsquo;s also more affordable than similar regions in rural Victoria, such as Ballarat and Bendigo, and these factors contributed to our belief in the area.&quot;

Construction is expected to begin in 2025.

Goldfields secure Shepparton masterplanned community site

National property developer Goldfields is further expanding its extensive portfolio, announcing its first acquisition in Western Australia and the opening of a new Goldfields office in Perth.

The newly acquired 400-lot site was purchased for $8 million and is four kilometres&nbsp;from the centre of the Margaret River township. It will be Goldfields’ first development beyond Australia’s eastern seaboard.

The site, at 211 Darch Road, Margaret River,&nbsp;is set to become a masterplanned residential community, with construction due to commence in the fourth quarter of this year. It is well-positioned to&nbsp;benefit&nbsp;from strong demand as Western Australia prepares to welcome back domestic and international migrants in the future.

Lachlan Thompson, Chief Executive Officer of Goldfields, said the team had been looking for areas with strong development potential on the western coast of Australia.

“We’ve made no secret of our appetite for growth and our expansion into WA further strengthens our national pipeline," Thompson said.

“We’ve identified significant growth opportunities in Margaret River, due to favourable economic conditions, employment expansion and significantly constrained land supply in the area.

“We are delighted to have a permanent presence on the west coast in addition to major ongoing projects in Victoria, New South Wales, Queensland and South Australia."

Gareth Wilson, General Manager WA at Goldfields, noted recent growth in Margaret River and surrounds created an attractive development opportunity.

“Popularity in the South-West is stronger than ever and as a result Margaret River has seen an unprecedented growth in property sales and prices over the past two years," Wilson noted.

“Margaret River’s unique lifestyle offering and the strong Western Australian economy have created demand in the area, not only from the local population, but also holiday makers and investors.

“The picturesque site is surrounded by world-famous surf beaches, renowned wineries and is a short drive into Margaret River township. Not only will this new community help to meet the demand for housing, but it will also offer purchasers an affordable opportunity to improve their lifestyle in the South-West,” Mr Wilson said.

Goldfields also recently branched out in to Brisbane, <a href="/news/qld/melbourne-developer-goldfields-take-first-step-in-to-brisbane">submitting plans for a 20-level tower in&nbsp;Milton</a>, the riverside suburb in the inner western ring of the city.

Goldfields Chief Executive, Lachlan Thompson, told Urban that the time was right to go in to the Brisbane apartment market.

“As a national property developer, we are constantly looking for areas that offer strong development potential and we were impressed with Milton’s amenity and connectivity to all things lifestyle related," Thompson said.

Lachlan Thompson, Chief Executive Officer of Goldfields, said the team had been looking for areas with strong development potential on the western coast of Australia

Goldfields expands into WA with Margaret River house and land site acquisition

<html><body>
Goldfields' plans for the development of an 85-unit Chatswood residential tower has been endorsed by Willoughby Council.
The Chatswood development will be a further addition to Goldfields’ growing pipeline in New South Wales.
"Our project in Chatswood will be one of the first approved developments under the Chatswood CBD Planning and Urban Design Strategy, so it is a great opportunity to bring high-quality mixed-use residentialto an area that is demanding it," managing director of Goldfields, Marco Gattino, said.
The new development site is 400 metres from Chatswood Railway Station and Westfield Shopping Centre.
Construction is set to begin September 2020.
"It’s been a challenging 12 months for Australian property, however Sydney’s Lower North Shore is quickly becoming one of the most searched and desired places to live and work in Australia; and I see this trend continuing into 2020," Gattino said.
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j.ballantyne1990-6AQqhLzZaK

Development approval for Goldfields project in Chatswood 

<html><body>
Following <a href="/news/goldfields-office-development-at-627-chapel-street-approved-by-stonnington">last month's approval of its commercial development at 627 Chapel Street</a> in Melbourne's South Yarra, Goldfields has received further good news with Willoughby Council endorsing its proposal for a 85-unit residential tower in Sydney’s Lower North Shore of Chatswood.

Building on its portfolio of developments along the East Coast, the Chatswood development will be a further addition to Goldfields’ growing pipeline in New South Wales. 
According to Goldfields, the approval of the Chatswood development marked a significant milestone for the company.

<blockquote>
“We’ve established a strong presence in Victoria and spent much of 2018 focussing on our developments in Queensland, so expanding our footprint into New South Wales is an exciting opportunity for Goldfields.

It’s been a challenging 12 months for Australian property, however Sydney’s Lower North Shore is quickly becoming one of the most searched and desired places to live and work in Australia; and I see this trend continuing into 2020.

Our project in Chatswood will be one of the first approved developments under the Chatswood CBD Planning and Urban Design Strategy, so it is a great opportunity to bring high-quality mixed-use residential to an area that is demanding it.”

-  Marco Gattino, Managing Director of Goldfields
</blockquote>

Chatswood is located 8 km north of Sydney’s CBD and the new development site is just 400m from Chatswood Railway Station and Westfield Shopping Centre.

The area is set to undergo extensive upgrades to Sydney’s rail network that will open the city’s Metro Northwest line in the second quarter of 2019, making the site’s walkability, convenience and accessibility a huge selling point for future buyers.

With approval from Willoughby Council, in hand the Planning Proposal will now proceed to the Department of Planning and Environment for Gateway Determination.

Goldfields aims to begin construction in September 2020.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/pbd_pacific_final_1.jpg" rel="gallery-all" title="Goldfields' Chatswood proposal has received the green light from Willoughby Council. Image: Goldfields"><img alt="" class="image-article-full-width-580px" height="700" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/pbd_pacific_final_1.jpg?itok=gMhLL-Fe" title="Goldfields' Chatswood proposal has received the green light from Willoughby Council. Image: Goldfields" width="580"></a>

<figcaption>Goldfields' Chatswood proposal has received the green light from Willoughby Council. Image: Goldfields</figcaption></figure> 
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Laurence Dragomir

Goldfields expands its footprint to Chatswood

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Stonnington Council has voted in favour of a $300 million office project in <a href="/new-apartments/south-yarra-vic-3141">South Yarra</a> being developed by local developer Goldfields. Located at <a href="/developments/south-yarra-vic-3141">627 Chapel Street</a>, the 24-storey tower will comprise 24,000 sqm of office space in addition to an expansive as ground floor retail offering.

627 Chapel Street - as it is currently known - has been designed by <a href="/architects/cox-architecture">COX Architecture</a> to set a new benchmark in contemporary and innovative workplace design. It would rise directly opposite the under construction <a href="/buildings/capitol-grand-241-toorak-road-south-yarra">Capitol Grand</a> which is fast making its presence felt on the South Yarra skyline. 

The development of an office building on the site seeks to contribute to a more diverse mix of uses within the Forrest Hill Precinct. This represents a strong departure away from the predominantly residential development witnessed in recent years, and aligns with Stonnington Council’s vision for a truly mixed-use precinct as set out in Chapel reVision Structure Plan 2013-2031. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/181210_v01_hero_p.jpg" rel="gallery-all" title="627 Chaepl Street has been approved by Stonnington Council. Image: Supplied"><img alt="" class="image-article-full-width-580px" height="889" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/181210_v01_hero_p.jpg?itok=Z6YgBK_s" title="627 Chaepl Street has been approved by Stonnington Council. Image: Supplied" width="580"></a>

<figcaption>627 Chapel Street has been approved by Stonnington Council. Image: Supplied</figcaption></figure>According to Goldfields, 627 Chapel Street heralds "a new era for South Yarra," by responding to the changing demands of the growing precinct, in addition to prospective tenants searching for an innovative workplace environment which includes restaurants, cafes, multiple green spaces, state of the art end-of-trip facilities, a concierge and a business lounge.

<blockquote>
Our unique lifestyle approach to 627 Chapel Street will create the best Melbourne CBD fringe office development and workplace offering. 627 Chapel Street sets the scene for future-focused business and will attract progressive occupiers with progressive needs. The building is self-sustaining, connected, impeccably designed and integrated with personal lifestyle amenities – all key factors that will bring this building, and precinct, to life.

- Marco Gattino, Managing Director of Goldfields
</blockquote>

Goldfields expects construction to begin on 627 Chapel Street in mid-2019, with an expected two-year build. You can read more about the design of 627 Chapel Street in our piece from <a href="/news/goldfields-and-cox-reboot-627-chapel-street">June last year</a>.
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