Brisbane-based <a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co Developments</a> has officially launched its $250million COMO apartment development in Varsity Lakes, while simultaneously commencing construction.&nbsp;

Building work is now underway at COMO following the appointment of <a href="https://www.apartments.com.au/builders/5point-projects">5Point Projects</a> as contractor to deliver the boutique development which will rise on a 2857 sqm site overlooking Lake Orr at 22 Lake Street.

When completed, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO</a> will comprise 156 apartments across 16 levels located in the heart of Varsity Lakes.

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The project, which will sit alongside Bond University, will deliver a diverse array of apartment designs comprising one-, two- and three-bedroom residences that have already attracted interest from local and interstate investors as well as an array of owner occupiers looking to gain a foothold in the precinct.

Red &amp; Co, which has largely focused on the Brisbane market in recent years where it has delivered more than 500 apartments and townhouses across 26 projects, has designed COMO to combine tranquil, lakeside living with the vibrant urban convenience of the vibrant Varsity Lakes village.

“We’re thrilled to announce a start to construction of COMO in conjunction with the official launch of the project, our first for the Gold Coast,” said Red &amp; Co Director and Co-Founder David Laverty.

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“COMO is superbly positioned to capture the essence of the Varsity Lakes village lifestyle and its thriving café and dining precinct, while delivering a much-needed diverse supply of premium residences for the local market.

“Pre-launch inquiries have been strong among both local and interstate investors and owner-occupiers, including downsizers and upgraders who appreciate the value proposition that COMO represents.”

Prices at COMO start from $1,000,050.

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Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, the COMO development incorporates an extensive range of amenities for residents including a 25-metre rooftop lap pool, sundeck, barbecue and dining areas, as well as multiple rooftop pickleball and paddleball courts, a wellness and activity centre, gym, sauna, plunge baths and landscaped gardens.

“COMO presents a rare opportunity to secure a stylish, lifestyle-focused home in one of the Gold Coast’s most sought-after neighbourhoods,” added Laverty.

“The rooftop will be the epicentre of fun for residents with an array of amenities for residents that are quite unique for a boutique project such as this, all while offering spectacular vistas across the Gold Coast as far north as Southport and south to Burleigh.”

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&nbsp;

Red &amp; Co has chosen the Varsity Lakes site for its proximity to top-tier schools, major shopping hubs, such as Robina Town Centre and its CBD offering, as well as key Gold Coast transport links, including Varsity Lakes Train Station.

COMO will be located just a short walk to shops, cafes and restaurants in Varsity Lakes and just a 10-minute drive to the Burleigh Heads beachfront.

With construction currently underway, Red &amp; Co anticipates COMO will be completed in 2028.

[smartcode_project_cta:default project_id=135546]

Joel Robinson

Red & Co to launch debut Gold Coast development Como Varsity Lakes as construction commences

Longstanding Gold Coast developer Raptis has acquired a prime development site on Surf Parade for its next Broadbeach apartment project.

Progressing towards completion of <a href="https://www.apartments.com.au/new-apartments/the-sterling-broadbeach-6-8-george-avenue-broadbeach-qld-4218">The Sterling Broadbeach</a>, 90 apartments on nearby George Avenue, <a href="https://www.apartments.com.au/developers/raptis">Raptis</a>, led by second-generation family man Evan Raptis, has picked up a block on the corner of Surf Parade and First Avenue.

The site had been earmarked for a luxury apartment project with 33 full-floor apartments across a 37-storey tower. Raptis will go back to the drawing board and create a building more appropriate for the site. The development application will be lodged later this month.

Evan Raptis told Apartments.com.au the site ticks all the boxes.

"Broadbeach is a suburb we've developed several buildings over the years. Surf Parade ticks all the boxes for the type of apartment development we want to deliver."

Raptis had several pre-lodgement meetings with council to ensure they are aligned in the development.

<img alt="Raptis" data-entity-type="file" data-entity-uuid="f0d58573-07a4-47a8-9f5e-fbf35fb03dc3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-03-05%20at%204.58.23%E2%80%AFPM.png?VersionId=iczZEd_4_o4UL0PHMPJGfy_q3tv96J5i" />

Surf Parade has emerged in recent years as one of the most popular streets in Broadbeach for development.

South East Queensland developer Mosaic Property Group kicked it off with Marella by Mosaic. Bassar Group sold out Infinity on the street, while for its&nbsp;first Gold Coast development, Polycell grabbed a Surf Parade site for <a href="https://www.apartments.com.au/new-apartments/the-rochester-broadbeach-143-surf-parade-broadbeach-qld-4218">The Rochester</a>, which is nearly sold out.

Melbourne-based developer Hirsch &amp; Faigen recently launched its fourth Gold Coast project on the exclusive strip. The Eveleigh Broadbeach will have 100 apartments across a 31-storey building designed by Rothelowman.

GV Property Group site development specialists Antonio Mercuri and Luke Reaby, who both amalgamate sites and sell shovel-ready sites to developers up and down the Gold Coast, sold Surf Parade to Raptis.

Raptis secures prime Surf Parade site for next Broadbeach apartment development

Less than two years after breaking ground, Gardner Vaughan Group is celebrating the topping out of Bask, its second development in the exclusive coastal enclave of Bokarina on Queensland’s Sunshine Coast.&nbsp;

Located only minutes from the beachfront, the two seven-storey luxury apartment towers, known individually as Mydas and Caretta, offer a selection of one-to-four-bedroom residences with views of Lake Kawana, the Glasshouse Mountains, and Bokarina Beach.&nbsp;

[smartcode_project:default project_id=141609 project_image_fid=333359]

Gardner Vaughan Group Commercial Director Sam Gardner said the milestone marks the home stretch for construction, with first residents expected to be able to move in from Spring 2026.&nbsp;

“This is a significant milestone in bringing this development to life and represents our confidence in this region’s long-term growth and appeal,” Gardner said.&nbsp;

“With 85 per cent of apartments already sold, buyers are joining an established, coastal village that offers the very best of the Sunshine Coast – seasonally patrolled surf beaches, renowned restaurants, and links to established health and retail.&nbsp;

“The final collection of three- and four- bedroom apartments range in size from 127sqm to 300sqm, each with two or three secure car parks and storage, and with construction fast approaching completion we don’t expect the last few apartments to remain on the market for long.”&nbsp;

[smartcode_project:default project_id=141609 project_image_fid=333362]

Local restaurateur Luke Stringer, who co-owns and manages the award-winning Bocca Italian and Playa Mexican restaurants in Bokarina, has lived in the beachside suburb for 18 months and worked there for more than three years, and said the beachside suburb was thriving.&nbsp;

“It’s fair to say Bokarina is finally stepping into the sun and there’s a lot to love about the place,"&nbsp;Stringer said.

"It’s such a great community, where you see the same smiling faces every morning and everything’s within easy reach – it’s the perfect hub in the middle of the Sunshine Coast.

“When we first opened Bocca Italian, we were the lone restaurant, but it’s been amazing to see how the area has grown. The more venues that open, the busier it gets for everyone. When Playa Mexican opened its first Saturday night, Bocca had a record night and Playa was packed too, which blew us away how everyone is thriving.&nbsp;

“There’s a great energy around the place now, and people are really embracing Bokarina as a food and lifestyle destination.”&nbsp;

[smartcode_project:default project_id=141609 project_image_fid=363368]

Stringer joined other buyers at Bask Bokarina and the Gardner Vaughan Group team to celebrate the topping out at a special event in February.&nbsp;

Located in Kawana Waters, midway between Caloundra and Maroochydore, Bokarina locals enjoy scenic walking paths around Lake Kawana, playgrounds, beachfront boardwalk and parklands, alongside all the convenience of a masterplanned beachside community.&nbsp;

“You see people jogging or swimming in the morning, then grabbing coffee at the cafes, people are really embracing the area and all this growth is bringing more people to Bokarina,” Stringer added.&nbsp;

To take advantage of the vistas, each of the 135 apartments at Bask is designed with full size windows and high ceilings that provide an abundance of natural light.&nbsp;

Prices for the remaining three-bedroom apartments start at $1,599,000 and four-bedroom apartments start at $3,149,000.&nbsp;

[smartcode_project:default project_id=141609 project_image_fid=363369]

The mixed-use development also features ground-level retail space for cafés, dining options and boutiques, including the soon-to-be-opened ‘Corner Shop’, by the team behind Noosa’s well known ‘Organika’.

Sam Gardner said Gardner Vaughan Group’s 37-year history building and developing across South East Queensland has contributed to the success of its second development in Bokarina, which follows the recently completed Zinc Apartments.&nbsp;

“We care how people live and this is reflected in the way we approach the design and delivery of every development,” he said. “Furthermore, as a builder-developer we have full control over the construction program and our 100 per cent completion rate is something people can draw confidence from.”&nbsp;

Founded by civil engineers Guy Gardner and Darryl Vaughan in 1989, the family-owned business has evolved from a consultancy firm to an award-winning builder-developer, with projects across the Sunshine Coast, Moreton Bay, Brisbane and the Gold Coast.

[smartcode_project_cta:default project_id=141609]

Gardner Vaughan Group tops out Bask Bokarina apartments

Prolific Melbourne developer <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> has launched its fourth new Gold Coast development in as many years.

<a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a>, led by Daniel Faigen and backed by Eddie Hirsch, co-founder of United Petroleum, has unveiled The Eveleigh, on a prime 1,100 sqm site at 7-9 Surf Parade in the heart of Broadbeach.

<a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a> will deliver 100 apartments across 31 levels, making it the company’s largest Gold Coast project to date. It builds on the success of its three earlier developments, <a href="https://www.apartments.com.au/buildings/hemingway-1267-1273-gold-coast-highway-palm-beach">The Hemingway in Palm Beach</a> and <a href="https://www.apartments.com.au/buildings/emerson-kirra-100-musgrave-street-coolangatta">The Emerson at Kirra</a>, both completed, and <a href="https://www.apartments.com.au/new-apartments/yves-mermaid-beach-7-9-mermaid-avenue-mermaid-beach">Yves Mermaid Beach</a>, which is nearing completion.

[smartcode_project:default project_id=149670 project_image_fid=360966]

The announcement of The Eveleigh affirms the company’s sustained confidence in the Gold Coast market which continues to remain undersupplied. It also increases the value of Hirsch &amp; Fa​igen’s Gold Coast development portfolio to more than $700 million since the company first entered the market in 2021 with Hemingway.

The company has enlisted its preferred architecture firm Rothelowman to design The Eveleigh, which will offer a thoughtfully curated lifestyle, including a substantial wellness precinct, communal recreation areas, children’s play spaces, work-from-home facilities, and shared lounge and dining areas.

[smartcode_project:default project_id=149670 project_image_fid=360965]

Designed for the prime market demographic of downsizers and interstate lifestyle investors in mind, The Eveleigh has been crafted to offer an increasingly rare blend of affordable luxury in a tightly held market. Uniquely positioned in the heart of the Gold Coast’s most sought-after lifestyle suburb of Broadbeach, the project will also boast uninterrupted beach and hinterland views.

The Surf Parade site is just a short walk to the bustling Broadbeach dining and retail precinct, Pacific Fair, The Star Gold Coast and convention centre, and an easy stroll to Kurrawa Beach and the recreational amenity of Pratten Park on the Broadbeach foreshore.

[smartcode_project:default project_id=149670 project_image_fid=360975]

“We’re excited to be proceeding with our fourth project on the Gold Coast in what is certain to become the new luxury precinct in Broadbeach,” says Anthony Bueti, the CFO of Hirsch &amp;a​mp; Faigen and a shareholder of the group.

“With the likes of Mosa​ic and Abedian &amp;a​mp; Co also launching quality projects in the area, the transformation will cement Broadbeach as the premier lifestyle and amenity suburb on the Gold Coast.

"After four years in the Gold Coast market, and with three successful projects completed, The Eveleigh is the product of everything we have learned to love about the Gold Coast and it will be an incredible addition to our growing portfolio in one of the most vibrant property markets in the country. We continue to remain very confident in the high-end Gold Coast property market.”

Urban Activation Director Matt George is handling sales for The Eveleigh, having sold out The Emerson, The Hemingway, and Yves, all before construction was completed.

Melbourne builder MAXCON has already commenced construction on The Eveleigh. They are forecasting a mid-2028 completion.

[smartcode_project_cta:default project_id=149670]

Hirsch & Faigen unveils The Eveleigh in Broadbeach

Two years after securing development approval for the final stage of its award-winning Thornton Precinct on the doorstep of Penrith Station, Urban Property Group is set to launch <a href="https://www.apartments.com.au/new-apartments/mayfair-on-penrith-172-lord-sheffield-circuit-penrith-nsw-2750">Mayfair on Penrith</a>, around 400 apartments designed to reflect two of Sydney’s most iconic structures.

The builder-developer has continued refining the design plans for the two-building development on a significant 8,280 sqm site on Sheffield Circuit, recognising the importance of the prime parcel as one of the closest developable sites to the station.

UPG enlisted architecture firm SJB to design the project. The team said they drew inspiration from both the General Post Office in Martin Place and East Circular Quay to help shape the design. The two-level colonnade, in particular, reflects the famous GPO building, which dates back to the 1860s.

[smartcode_project:default project_id=136726 project_image_fid=362014]

There will be one-, two-, and three-bedroom apartments on offer, with interiors by Cox Architecture. Residences will sit above a retail podium featuring hospitality and lifestyle operators such as One Playground and Volcano’s Steakhouse, contributing to an activated ground plane within the broader Thornton precinct.

A communal rooftop with a pool and views towards the Blue Mountains will provide shared open space for residents. The development is positioned between Ron Mulock Oval and Westfield Penrith, with the Nepean River and Great River Walk also nearby, placing daily amenity and green space within walking distance.

&nbsp;

[smartcode_project:default project_id=136726 project_image_fid=362015]

Mayfair is being delivered by Urban Property Group, a family-owned developer and builder with nearly 40 years’ experience across Sydney. The project will be the first in Penrith to be offered with Resilience Insurance’s 10-year Latent Defects Insurance (LDI) policy, which Urban Property Group has adopted across a number of its recent developments. The developer also has a 4.5-star iCIRT rating, one of the best ratings in market providing further confidence to buyers.

Urban Property Group CEO Patrick Elias said providing additional assurance to off-the-plan buyers has become increasingly important.

“Anything we can do to give confidence in our product is a plus,” Elias told Apartments.com.au.

“Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. They’re making their single large investment, which is their home, and providing confidence is something that we feel is paramount.”

[smartcode_project:default project_id=136726 project_image_fid=362020]

The LDI policy provides a 10-year warranty covering structural defects, with independent inspections carried out during construction and protection for owners if defects arise post-completion.

Mayfair represents Urban Property Group’s sixth and final development within Thornton, consolidating the masterplanned precinct immediately east of the station.

The developer, which builds its own projects, has already commenced construction. SRM Residential is handling the sales campaign.

[smartcode_project_cta:default project_id=136726]

Urban Property Group to close the curtain on award-winning Thornton precinct with Mayfair on Penrith release

Hills District

Following the successful sell out of stage one, Mayrin have released stage two of their Rouse Hill development, Verset.

Situated in close proximity to Rouse Hill Station and Rouse Hill shopping centre, Verset provides residents with unrivalled convenience.

[smartcode_project:default project_id=24445 project_image_fid=195358]

The area is teeming with a plethora of amenities, including an array of cafes and restaurants, retail shops, supermarkets, expansive parklands, playgrounds, as well as plans for a future hospital and retail expansion.&nbsp;

The apartments in Verset are designed with open-plan layouts, seamlessly integrating the living, lounge, and dining areas. Each of the living spaces extend to either an entertainer's balcony or a garden.

The kitchens feature stone benchtops and gas cooking facilities, along with European appliances, while the&nbsp;master bedrooms are generously sized, complete with an en-suite and built-in wardrobes.&nbsp;

[smartcode_project:default project_id=24445 project_image_fid=195364]

Residents of Verset will also benefit from a communal space at the centre of the site, with the space including an entertaining area and barbecue facilities.&nbsp;

Upon completion, Verset will be home to 185 apartments, set across two four-storey buildings.

[smartcode_project_cta:default project_id=24445]

The apartments in Verset are designed with open-plan layouts, seamlessly integrating the living, lounge, and dining areas

alisonwarters@gmail.com

Mayrin launch stage two of Rouse Hill apartments, Verset

The Sydney construction and development firm Deicorp has been given the green-light for its largest ever project.

They&#39;ve secured approval for the new Tallawong Village, located in Sydney&#39;s Hills District near Rouse Hill.

The NSW Department of Planning, Industry and Environment issued consent for the State Significant Project following an extensive assessment process involving Landcom, Sydney Metro, and Blacktown Council.

The consent covers both stages of the project, and permits work to commence on Stage 1.

The site is located immediately adjacent to the Metro Station at Tallawong,&nbsp;a staple of Deicorp&#39;s projects to be well-connected to transport.

[smartcode_project:default project_id=106821 project_image_fid=169999]

Stage 1 will see 333 residential apartments constructed across five buildings, each with a maximum height of eight storeys. There will&nbsp;also be&nbsp;9,000 sqm&nbsp;of retail and a 3,400 sqm&nbsp;publicly accessible park as part of the first stage.

Stage 2 will see a further 654 apartments constructed, taking to total apartments in Tallawong Village to just under 1,000

Construction is expected to commence in August, with completion scheduled for the final quarter of 2023.

Fouad Deiri OAM, chairman of Deicorp,&nbsp;said that he was very pleased that work could commence on this major project.

&ldquo;The development and construction industries play a critical role in delivering the homes Sydney-siders desperately need and want, and in the process, employ tens of thousands of people to build them.&rdquo; Deiri said.

[smartcode_project:default project_id=106821 project_image_fid=169998]

&ldquo;And projects like Tallawong Village give first-home buyers and young families high-quality, well-located and affordable homes in popular and growing parts of Sydney.

&ldquo;This approval will see the creation of an exciting new village that&rsquo;s close to great jobs and outstanding transport infrastructure. Deicorp is delighted to provide convenience, quality and affordability for buyers in the Sydney property market.

The Tallawong Village project adds to Deicorp&rsquo;s substantial pipeline of projects in the Northwest, with apartments under currently under construction, about to start or with approval pending, totalling over 2,000 apartments.

&ldquo;Between this approval in Tallawong, our soon to start project in Castle Hill, our Proximity project in Rouse Hill and our planned mixed-use project at Showground, we are committed to Sydney&rsquo;s exciting and fast-growing Northwest.&quot;

The submission lodged by Deicorp included significant sustainability initiatives, including roof top solar to reduce the operating costs for future residents and make a tangible reduction in energy consumption. The project is expected to deliver 1,500 jobs across the construction program, and approximately 200 permanent jobs when completed.

Stage 1 will see 333 residential apartments constructed across five buildings, each with a maximum height of eight storeys

Deicorp secure approval for Tallawong Village with nearly 1,000 affordable apartments

Chapman Gardens is a new residential offering in Sydney’s leafy Hills Shire, boasting a collection of 100 duplex-style apartments.

Developed by the CG Group, Chapman Gardens offers one, two and three-bedroom residences that are situated just six minutes from the Hills Showground metro station.

The landmark development comprises three low-rise buildings in a landscaped setting, with an articulated design that cleverly softens the streetscape.

[smartcode_project:default project_id=29359 project_image_fid=199352]

“Clever design and contemporary features combine to create interiors that fuse style with substance”, the project marketing reads.

Designed by PTW and Urbis, the development offers generous apartments with sophisticated interiors and high-quality finishes, with three-bedroom apartments in Castle Hill under $1,000,000.

The kitchens form the heart of the residences and boast stone benchtops with a contemporary waterfall edge and pull-out pantries that optimise storage space.

Ideal for entertaining friends and family, the homes feature abundant entertaining areas, high ceilings and low-maintenance alfresco zones, while a select number of apartments feature private courtyards and direct street access.

[smartcode_project:default project_id=29359 project_image_fid=199353]

Castle Hill is adored for its recreational attractions and abundance of green open space, with picnic areas, walking tracks and playgrounds within close proximity to the development.

"The Hills Showground Station Precinct is poised for significant redevelopment, including new housing, retail and a public plaza and park, which will inject new life into the suburb while enjoying lifestyle benefits and value-growth", the project marketing highlighted.

Well-connected by public transport, commuters will only have to travel a short distance into employment hubs such as Chatswood and Parramatta.

The state-ranked Baulkham Hills High School is located a short bus trip away, as well as numerous private schools.

[smartcode_project_cta: project_id=29359]

The landmark development comprises three low-rise buildings in a landscaped setting, with an articulated design that cleverly softens the streetscape. 

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Three-bedroom apartments at the brand-new Chapman Gardens development in Sydney’s Castle Hill

The real estate investment giant Mulpha, developers of Norwest&nbsp;in Sydney&#39;s Hills District, has lodged its development application for the first stage&nbsp;its approved $1 billion masterplanned community, Norwest Quarter.

There will be nine slender residential towers containing 864 apartments across the whole of the masterplan, with 6,000 sqm&nbsp;of space allocated for cafes, restaurants, neighbourhood shops and childcare facilities.

The first stage of Norwest Quarter will see two of the apartment buildings constructed, homing a total of 196 apartments and more than 3,500 sqm of retail and commercial space,&nbsp;including a full-floor commercial gym, fresh food grocer, medical services, and restaurants.

The towers, located less than 400 metres from the new Norwest Metro Station,&nbsp;have been designed by two of Sydney&#39;s leading architecture studios, Bates Smart and Smart Design Studio.&nbsp;

<blockquote>
&quot;We started the design process by asking how people today want to live their lives and what sustainability, technology and community practices reflect their needs, lifestyle and aspirations.&quot; 
Mulpha&#39;s head of developments Tim Spencer
</blockquote>

The slenderness of the towers will allow for 70 percent of the site to be used for landscaping and amenity.

<img alt="" height="1320" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/norwest_4.jpg" width="1200" />

There will be an&nbsp;open-air plaza with retail and outdoor dining, a nature based&nbsp;play area, an amphitheatre for community events and other landscaped areas.

When complete, the Norwest Quarter masterplan will transform over 4.8 hectares of greenfield land into a vibrant village centre for over 2,000 residents.

Bates Smart and Smart Design Studio are working in collaboration with landscape architecture firm Aspect Studios, urban designers Terroir, and environmental sustainability firm Finding Infinity&nbsp;to design and deliver an innovative, environmentally led development with a unique nature-driven biophilic ethos.

<img alt="" height="1200" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/norwest_3.jpg" width="1200" />

<blockquote>
The whole design process was about breaking down and identifying what truly makes a community sustainable &ndash; it was an inter-disciplinary design exercise that had to accept that for true sustainability the project had to have economic and employment drivers, social and education opportunities, bring health and wellness to the forefront and manage the built form and technology infrastructure super efficiently.

&ldquo;The past year has reinforced our belief that we need to be holistically designing to achieve great communities to live in, not just designing stand-alone buildings.
</blockquote>

Norwest Quarter will be a core pillar of the entire Norwest community that is anchored by 46 hectares of public open space and interwoven with 50 kilometres of pathways and 10 kilometres of cycleways, creating a walkable and cyclable city.

There will be nine slender residential towers containing 864 apartments across the whole of the masterplan


Mulpha lodges application for stage one of $1 billion masterplanned Norwest Quarter community

Sydney&rsquo;s leafy Hills Shire strikes the perfect combination between rural tranquility and modern residences.

The area is widely known for its beautiful surrounds, safe streets, excellent schools and family-oriented community.

With suburbs like Baulkham Hills seeing incredible growth over the last year and new developments popping up in the Box Hill growth corridor, the Hills presents strong investment opportunities. &nbsp;

A major $1 billion redevelopment of the &lsquo;Towers&rsquo; shopping centre is also in the works.

With national parks and reserves, picnic locations and the Hawkesbury River nearby, this area is a great choice for homebuyers and investors.

Urban takes a look at four new developments in the region, starting from $642,000

1. The Hills of Carmel, Box Hill 
Address: 17 Boundary Road, Box Hill NSW 2765 
Request more information from an agent

[smartcode_project:default project_id=28070]

Offering an exciting new master-planned community, the Hills of Carmel is set to deliver house and land packages in the growing Box Hill.

Transforming Sydney&#39;s north-west, the development will include sizable lots surrounded by parklands and greenery, leading schools and future shopping villages.

133 hectares of business park and employment land will cater to the growing population, with up to 16,000 new jobs created once the area is fully developed.

2. Collection, Rouse Hill 
Address: 49 Terry Road, Rouse Hill NSW 2155

[smartcode_project:default project_id=6284]

Situated in Sydney&rsquo;s growing north-west, the Marquess Group&rsquo;s Rouse Hill project offers generous entertainer balconies and beautiful views of the surrounding landscape and adjacent Berowra Valley National Park.

The&nbsp;DKO&nbsp;Architecture-designed development boasts luxury and modern design with spacious open-plan layouts, walk-in showers and on-site amenities.

3. Skyview, Castle Hill 
Address: 51 Old Castle Hill Road, Castle Hill 2154 
Two-bedroom apartments from $865,000

[smartcode_project:default project_id=25935]

Nestled in the heart of Castle Hill, Skyview delivers one, two and three-bedroom apartments across five distinct towers.

Developed by TOPLACE, the development is nestled within landscaped parklands with views towards the Blue Mountains and the Sydney CBD.

Over 12,000sqm of landscaped gardens and tree-lined walkways feature within the development, as well as communal gardens, a shared swimming pool and a children&rsquo;s playground.

4. The Hugh, Kellyville 
Address: 44 Armbruster Avenue, Kellyville 2155 
Two-bedroom apartments from $799,000

[smartcode_project:default project_id=14461]

Delivered by Kanebridge, the Hugh offers 181 two and three-bedroom residences in the Hills Shire.

Situated in Kellyville, the building offers floor-to-ceiling windows, open plan living and entertaining balconies.

Among its amenities include a central courtyard, seating areas, a children&rsquo;s playground and barbeque facilities.

With national parks and reserves, picnic locations and the Hawkesbury River nearby, this Hills Shire is a great location for both homebuyers and investors

The top two-bedroom residences in the Hills Shire, beginning from $642,000

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The local developer CDMA Australia have launched the final stage of its $237 million Rouse Hill development Rosella Place.

Named after the native bird that characterises the north-western Sydney suburb, Rosella Place is set to home 357 apartments across five nine-storey towers when completed in late 2023.

So far just under 200 apartments have sold, equating to $120 million in sales.

The final stage release sees 117 residences up for grabs across Buildings D and E, a mix of one, two and three bedroom apartments. There will also be seven townhouses available in the final stage (pictured below).

<a href="/buildings/rosella-place-stage-1-56-cudgegong-road-rouse-hill"><img alt="" height="899" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/rosella_place_3.jpg" width="1600"></a>

Designed by local architects WMK Architecture, Rosella Place apartments start from $480,000 for a one bed, $620,000 for two-bedroom apartments and $755,000 for three bedroom apartments.

The Rouse Hill growth forecast

Many experts and agents are suggesting the Hills District is prime for a property boom, with public infrastructure projects in the pipeline worth billions of dollars.

Ray White Group managing director Dan White said the group had never seen higher numbers of from people inspecting properties on a per property basis in the Hills District. 

“It’s currently 30-40 per cent higher than it was at this time last year, prior to Covid,” Mr White said. 

[smartcode_project:default project_id=93223]“All of the short and long-term drivers of the Sydney market are positive and with infrastructure and population growth, post Covid will be as strong as ever. 

Mr White says that people should be very confident with the property outlook over the medium to long term.

"Sydney will always be a great investment for ongoing growth and the real estate market is a great place to invest. Buyers don’t want to miss out on that continued growth."

CDMA Australia’s sales and marketing manager Jonathan Tan said Rouse Hill’s rural, country-style setting appeals to many buyers, which many of the surrounding suburbs such as Blacktown and Westmead do not offer.  

“It also offers an array of excellent amenities including the upcoming Tallawong Town Centre which will include retail, childcare, public parks and cycle and walking tracks all connected to the Metro Station. 

“The area has a variety of major developments and infrastructure on the horizon with the $250 million expansion of the Rouse Hill Town Centre, the new Rouse Hill Hospital and the Norwest University all to be delivered in the next coming years,” he said.
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So far just under 200 apartments have sold, equating to $120 million in sales.


Final stage of Rosella Place apartment development launches in the Rouse Hill growth area

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SPONSORED POST
The Norwest Business Park is on the cusp of a transformation that will bring new life and vitality to the area. A growing workforce and a local population seeking out a new way of living are the driving forces behind the evolution of Norwest.
The milestone of 20,000 workers in Norwest has come and gone with forecasts the area will see more than 35,000 people employed in the business park in the next 15 years.
 “A larger workforce will inevitably mean an increase in demand for housing so there’s no doubt Norwest is already undergoing a revitalisation into an integrated lifestyle destination,” Steve Grant from Capital Corporation says.
“And the plans we have for Esplanade on Norwest Lake are leading the way in that transformation.”
By combining a diverse mix of apartments, a host of resident-only amenities, three levels of boutique workspaces, waterfront dining and retails areas to the backdrop of an upgraded public boardwalk, the Esplanade proposal is the natural next step in an already very successful area to make daily life more enjoyable and convenient.
Norwest will also benefit from Australia’s largest public transport infrastructure project in the Sydney Metro Northwest rail line.
The fast, reliable and high frequency trains will easily transport people from Norwest to the city, Macquarie Park and across the district.
The Norwest metro station is being built within 400 metres of the Esplanade site, with both projects slated for completion in 2019.
This public transport infrastructure will add to the appeal of living in Norwest, with accessibility and connectivity a key consideration for owner-occupiers and investors alike. 
“We’ve been building at Norwest for over 25 years, and we’ve seen that every time there’s a major infrastructure investment there is a corresponding lift in property values,” Mr Grant says.
“That occurred with the opening of the M2, opening of Norwest Marketown, the opening of the M7 and it’s our opinion this will occur again with opening of the Norwest rail station, due to open about the time Esplanade is completed.”
Esplanade responds to the needs of many families who moved to The Hills area 20 or 30 years ago who are now looking for the convenience of a development that brings the life-work-recreation combination together to make daily life more enjoyable.
“Our extensive experience within the northwest market tells us that buyers and investors are looking for projects that contribute to a healthier work-life balance,” Mr Grant says. “That’s why location is just as important as the facilities on offer in an integrated development like the one proposed at Esplanade.”
To learn more about what esplanade offers, please visit <a href="https://esplanadenorwest.com.au" target="_blank">esplanadenorwest.com.au</a>, call 1800 088 800 or visit our unique display suite to see what a full-sized two-bedroom apartment will look like. The display suite is located at 11 Solent Circuit, Baulkham Hills and is open daily from 11am to 2.30pm or by private appointment.
 
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Norwest set for exciting transition into a thriving urban hub

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GUEST OBSERVER
Investing in Sydney’s real estate market has been a tough call in recent years, with ever-increasing prices putting the squeeze on returns and meaning that investors need to do their due diligence more than ever before. 
According to CoreLogic, the median apartment price in Sydney has increased by a massive 106.2% since 2008 and is now at $750,000. 
With prices at this level, investors need to be savvy and on the look-out for ways to increase capital gains by identifying upcoming ‘hot spots’. There is huge potential in some pockets of metropolitan Sydney, set to benefit from significant future development and infrastructure projects. 
Sydney’s burgeoning North West in particular should be high on an investor’s radar. 
Nestled within the Hills Shire, Castle Hill is a suburb where future growth has been forecast. Key early indicators of growth lie within the current and future plans for commercial and residential developments within the region. 
In accordance with The Implementation Plan proposed by the New South Wales Government, some 33,000 new homes are to be developed in North West Sydney. Estimates by the Hills Shire Council predict the population in Castle Hill will grow by 49.53% by 2036. 
It is undeniable that Castle Hill is an area set for long-term growth and ticks all the boxes for investors. 
To cater for the growth in population infrastructure developments are also currently underway including the $900 million upgrade of Castle Towers and the $8.3 billion North West Rail link. 
Upon completion the Castle Towers redevelopment is set to generate 2,373 jobs and create an enhanced community hub. The North West Rail link is expected for completion in 2019 and will also increase the efficiency of transport connecting residents from Castle Hill Station to Martin Place Station in around 30 minutes. 
To combat rising property prices in Sydney investors are strongly encouraged to continue to seek out growth areas and identify “hot spots” to realise the future potential, rather than to try to buy into markets that have already hit their peak. 
Residential real estate remains the investment of choice with solid medium and long-term returns and those who are waiting in anticipation for market conditions to change may miss out on solid investment opportunities.
Ian Bennett is Director, Colliers International  
 
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