Nature Based Cities (NBC), the not-for-profit organisation focused on improving biodiversity and nature outcomes in urban development, has launched its latest industry design guidelines and accreditation framework, this time targeting precinct-scale residential communities.

The move extends NBC’s influence beyond its initial focus on medium and high-density residential developments. Several projects have already achieved NBC accreditation since the launch of its Medium &amp; High-Density Residential Guidelines in early 2025.

The expansion into masterplanned communities and new residential precincts reflects the growing need for stronger nature-positive benchmarks as Australia’s outer suburban growth corridors continue to expand at pace.

Paul Hameister OAM, NBC Founder and the Executive Chairman of Melbourne developer Hamton who itself leans heavily into nature and biodiversity in its developments, says the&nbsp;nature-first approach to mitigate the effects of climate change has become standard in other parts of the world such as the UK, but Australia is lagging.&nbsp;Australia’s environmentally sustainable design (ESD) rating tools have no minimum mandatory requirements for living landscapes.

“We’ve always wanted to do more, and we know other developers who want to do more, but the ESD rating tools just aren’t there,” Hameister says. “In Australia, you can have a five-green-star rated building that’s concrete and glass with not a blade of grass. 
 
“The focus is on reducing emissions, which is laudable, but there hasn’t been enough attention paid to protecting and re-establishing nature. We need both for the health of the environment and for communities.”

He says that having now&nbsp;made good progress in supporting developers of medium and high-density residential projects, NBC is now looking to bolster better nature-based decision-making and recognise developers of greenfield projects in the outer ring and large inner-ring brownfield precincts, who want to champion nature and living landscape as a defining feature.

Since 2022, the not-for-profit has sought to remove the roadblocks preventing developers from incorporating nature and living landscapes into their projects, shifting the conversation from the reduction of emissions and grey infrastructure, toward recognising nature as an essential infrastructure.

The New Communities Design Guidelines and Scorecard arm developers with the tools needed to deliver a nature positive outcome for their new communities. Intended to be adopted at the outset of the planning process, the guidelines are designed to help create communities that are cooler, healthier and more resilient while also enhancing social wellbeing and long-term economic value.&nbsp;

New Communities developers seeking accreditation will be independently assessed across a range of key criteria including ecology, tree canopy, biodiversity, and walkability. Once the masterplan is complete and submitted for approval, the scorecard is formalised based on proposed outcomes. Projects that meet the NBC criteria will receive either Commended or Exemplary accreditation outcomes, creating a clear benchmark for nature-positive new communities in Australia.&nbsp;

Janis Fischer, Director at Tract and NBC Advisory Council member, said the development of new communities in our suburbs can have a substantial impact on nature and biodiversity.

"By incorporating nature-based design principles at the inception of a project, developers and their design teams can achieve nature positive outcomes that are good for both people and the planet.’’&nbsp;

NBC accredited New Community projects will gain access to NBC branding and marketing tools to help communicate their nature-based credentials to purchasers and the broader market.&nbsp;

Joel Robinson

Nature Based Cities: A new Australian benchmark for developing nature-positive new communities

Apartment buildings are increasingly being designed around how people actually live day to day, not just how they want a building to look.

For buyers, that shift is showing up in practical inclusions that respond to changing habits. Work-from-home spaces, EV charging, wellness amenities, secure bike storage and parcel management are becoming part of the broader apartment conversation, reflecting a move toward buildings that reduce friction in everyday life.

Online shopping has become one of the clearest examples of that change.

Australians spent a record $82.6 billion online in 2025, with nearly one in four retail dollars now spent online. That has made parcel delivery a regular part of apartment living, rather than an occasional inconvenience.

For apartment residents, however, the delivery process can be less straightforward than it is for detached homes. Parcels may be left in lobbies, redirected to Post Offices, missed entirely, or placed under the responsibility of building managers and concierge teams.

That is why secure parcel infrastructure is increasingly being considered alongside more familiar apartment amenities.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/-VjjLwoViX0?si=A3k7ws9NX35Uac7_" title="YouTube video player" width="560"></iframe>

Australia Post Parcel Lockers offer one way to address the issue. When a parcel arrives, residents receive a notification through the AusPost app or SMS, then collect it using a QR code or one-time PIN. The parcel is kept secure, accessible and removed from common areas.

The broader Parcel Locker network now includes more than 1,500 locations across Australia, positioned at Post Offices, shopping centres, supermarkets, transport hubs and other accessible locations.

For new apartment projects, the relevance is clear. A building’s amenity offering is no longer only about lifestyle spaces, but also about convenience, security and functionality.

As buyer expectations evolve, secure parcel delivery is becoming part of the same design conversation as flexible working, sustainable transport and resident wellbeing.

It is one less thing for residents to worry about, and another example of apartment design adapting to the way Australians now live.

Apartment design is adapting to the way Australians shop

While school holidays and trips to Europe tend to define the winter property market, there's been no cold snap at <a href="https://www.apartments.com.au/new-apartments/the-walden-north-sydney-177-walker-street-north-sydney-nsw-2060">The Walden</a> in North Sydney.

Developer-builder&nbsp;<a href="https://www.apartments.com.au/developers/aland">ALAND</a> sold more than $35 million worth of apartments throughout June, including a $6.8 million apartment that now ranks among the highest apartment sales ever recorded in North Sydney.

SRM Residential agent Ben Stewart said buyer demand throughout June reflected a mix of improving market confidence and longer-term thinking from owner-occupiers.

"We're seeing strong demand from owner-occupiers who are taking a longer-term view," Stewart said.

"Many recognise the opportunity to secure an apartment in an iconic building and premium location while values remain attractive. They may initially lease the property, but the intention is to eventually move in themselves, rather than purchasing purely as an investment."

[smartcode_project:default project_id=134323 project_image_fid=367129]

Located at 177 Walker Street, The Walden will deliver 161 one, two, three and four-bedroom residences across a 30-storey tower designed by Rothelowman. Every apartment occupies a corner position, maximising natural light, cross ventilation and views across Sydney Harbour, the Opera House, Sydney Heads and the northern districts.

Rather than a traditional balcony, the residences feature winter gardens that seamlessly extend the open plan living areas, creating versatile spaces for relaxing or entertaining throughout the year. Floor-to-ceiling glazing draws in natural light while showcasing sweeping views from the building's elevated Walker Street position.

Every apartment features high-end Calacatta marble, bespoke joinery, and fully integrated appliances.

The larger residences have been planned with distinct entertaining and private zones, with many master suites positioned on corners to capture natural light and harbour views. Walk-in dressing rooms, freestanding baths and refined stone finishes reinforce the house-like feel that has resonated with downsizers and owner-occupiers.

[smartcode_project:default project_id=134323 project_image_fid=6393]

Rothelowman Principal Ben Pomroy said the project was designed to make the most of its unique position overlooking the harbour.

"The Walden is a celebration of all things beautiful, curated for those who expect nothing less than exceptional," Pomroy says.

"Meticulously designed entertaining spaces and light-filled living areas that capitalise on capturing the natural beauty of Sydney's iconic harbour."

Residents will also have exclusive access to The Pavilion, a dedicated amenity building featuring a rooftop pool, wellness studio, gymnasium, sauna, concierge service, residents' lounge, private dining spaces and work-from-home facilities.

[smartcode_project:default project_id=134323 project_image_fid=6402]

The project marks ALAND's first major luxury apartment development in Sydney's inner-city market after more than two decades delivering residential communities across Greater Sydney.

Founder and CEO Andrew Hrsto previously said the rarity of the Walker Street site made it an opportunity the company could not overlook.

"This is a rare opportunity to bring a truly exceptional project to life in one of Sydney's most iconic locations, and to showcase our craftsmanship and design expertise at a world-class level," Hrsto said.

[smartcode_project:default project_id=134323 project_image_fid=6383]

The Walden has been introduced to the market at a time when demand for living in North Sydney is at an all-time high. Billions of dollars have been invested in infrastructure, including the recently opened Victoria Cross Metro station, located just 300 metres from The Walden, providing residents with direct access to the Sydney CBD in just minutes.

Private investment has also transformed the area through the arrival of new retail and dining destinations, elevating the lifestyle offering in what was once considered primarily a commercial precinct rather than an aspirational residential address.

The Walden is currently under construction and is scheduled for completion in 2028.

[smartcode_project_cta:default project_id=134323]

ALAND records $35 million in sales in North Sydney as The Walden bucks quiet winter selling season

The long-awaited redevelopment of the former Eastlakes Shopping Centre site has reached a major milestone, with Conquest's plans for a new mixed-use precinct officially placed on public exhibition.

The State Significant Development Application would transform the 1.7-hectare site at <a href="https://www.apartments.com.au/new-apartments/19a-evans-avenue-eastlakes-nsw-2018">19A Evans Avenue</a> into one of Sydney's largest urban renewal projects, delivering 736 apartments above a new shopping centre anchored by Woolworths, alongside specialty retail, dining, commercial space and new public open spaces.

The public exhibition marks the next chapter for the project after <a href="https://www.apartments.com.au/developers/conquest">Conquest</a> acquired the stalled Stage Two development from Crown Group, who completed the first stage across the road prior to their voluntary liquidation.

<img alt="First look: Conquest unveils plans for 736-home Eastlakes Shopping Centre redevelopment" data-entity-type="file" data-entity-uuid="5fca22c5-d1ed-4e2c-8801-03f7df1eafc8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/eastland%20podium.png?VersionId=uomwr41nF8CmLUZRDcu3mHQechlbxucS" />

&nbsp;

Designed by DKO Architecture, the proposal comprises four residential buildings ranging from 14 to 18 storeys above a two-level retail podium. The development would deliver 736 apartments, including 74 affordable homes, 215 Build-to-Rent apartments and 521 market residences. Provision has also been made for dual-key apartments, which could increase the total number of dwellings to 877.

At ground level, the shopping centre has been designed as the suburb's new meeting place, anchored by a full-line Woolworths and complemented by a curated mix of fresh food retailers, cafés, restaurants, health services and everyday convenience shopping. Generous pedestrian links and landscaped public spaces will connect the retail precinct through to Jack Mundey Reserve, creating a more walkable and connected neighbourhood.

Conquest CEO Michael Akkawi said the redevelopment was about far more than replacing a shopping centre.

"Eastlakes has been overlooked for too long, and this is the community’s moment. We are building a shopping centre and homes, a genuine heart for the suburb, and we genuinely want locals to help shape it."

"We enrich communities through the creation of homes, places, and experiences designed for life, built to last, and owner for generations. That starts with listening, so we warmly encourage everyone with a connection to Eastlakes to view the plans and share their thoughts."

<img alt="First look: Conquest unveils plans for 736-home Eastlakes Shopping Centre redevelopment" data-entity-type="file" data-entity-uuid="22f6fb20-54fb-4bd7-8a92-48fafdd00608" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/eastland.png?VersionId=cugp7s9hrMHGJJdYzkeAkrFoQgnF4GXf" />

DKO said the design had been shaped by the site's landscape setting and surrounding open space.

"Our vision for the site embraces its unique Bidjigal identity by blending the residential living with generous landscaping and a material palette inspired by the Bidjigal locality, and celebrating the panoramic views to Botany Bay and the wetlands reserves."

"Taking cues from Country, we seek to harmonise built form with the landscape and lightly touch the earth. By reconnecting, retaining and regenerating existing ecology, and weaving in natural elements, we can deepen our connection to Country."

The landscape strategy extends across the podium and rooftops, incorporating communal gardens, children's play areas, lawns, community gardens, family gathering spaces and extensive tree planting. New landscaped links will also strengthen the connection between the precinct and Jack Mundey Reserve, while publicly accessible open spaces have been integrated throughout the development.

The proposal builds on Conquest's broader placemaking strategy for the site. Through an ongoing partnership, local artist Joe Rashbrook has been appointed Urban Art Curator, working alongside young residents to transform the project's site hoardings into a public art gallery that allows the community to engage with the redevelopment before construction is complete.

Conquest has rapidly expanded its development pipeline since acquiring the Eastlakes site, with more than $6 billion worth of mixed-use projects now in planning across Sydney, including Stanmore, Castlecrag and Waterloo.

Conquest CEO Michael Akkawi said the redevelopment was about far more than replacing a shopping centre.

First look: ‘Far more than replacing a shopping centre’ as Conquest unveils 736-home Eastlakes redevelopment

Abadeen has lodged a State Significant Development Application (SSDA) for one of Mosman's largest apartment developments in recent years, seeking approval to transform the former Honeysuckle Garden and Midas site on Military Road into a 100-apartment mixed-use development.

The SSDA, lodged with investment partner Phoenix Property Investors, proposes around $230 million worth of new housing on the prominent <a href="https://www.apartments.com.au/new-apartments/494-516-military-road-mosman-nsw-2088">494-516 Military Road</a> site.

The proposal comes as Mosman Council continues to progress its recently endorsed Masterplan, which identifies the precinct for increased housing density while maintaining the suburb's established character.

Designed by DKO Architecture, the development would comprise 100 apartments above ground-floor retail, with a rooftop wellness precinct including a gym, sauna, entertaining areas and landscaped communal spaces.

Rather than pushing to the full 12-storey height identified in Council's Masterplan, the proposal ranges between five and nine storeys, stepping down towards Hale Road. A tenth level would accommodate resident amenities rather than additional apartments.

The project has been designed to appeal to a broad range of buyers, from first home buyers and young professionals through to families and local downsizers looking to remain on the Lower North Shore.

<img alt="Mosman" data-entity-type="file" data-entity-uuid="5dada03f-5b4c-43ba-ba62-2868add31440" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-27%20at%209.57.55%E2%80%AFAM.png?VersionId=7LBy0B.Jo8_iWAFJsClcV7Q3UnXrv49r" />

Abadeen Executive Chairman Justin Brown said the apartments had been designed as genuine long-term homes rather than investor-focused stock.

"The apartments have been designed as genuine long-term homes, with efficient floorplans that maximise usable living areas, generous storage, natural light and strong connections between indoor and outdoor spaces," Brown says."

"We've focused on creating homes for a broad range of buyers, from first home buyers and growing families through to downsizers who want to remain in Mosman."

The rooftop wellness offering forms a key part of the proposal, with residents set to have access to a gym, sauna, outdoor entertaining spaces, communal dining areas, landscaped gardens and a multi-use recreation court overlooking Sydney Harbour.

<img alt="Mosman" data-entity-type="file" data-entity-uuid="d37c2d6b-583a-4a0f-b7a9-9f46b893d2f4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-27%20at%209.58.06%E2%80%AFAM.png?VersionId=FPoa5FCm2RtzjhAh2w5FTWJbV6GHfY8D" />

DKO drew heavily on the site's natural and cultural history, undertaking a Connecting with Country process with local Aboriginal Elders to inform the architectural and landscape design.

Senior Associate Matthew Ritchard said the design sought to create a building that responded to both the site's landscape and its cultural significance.

"The architectural language of the project is a deep expression of Connecting with Country, where the materiality and colour palette serve as a bridge between the site's geological history and its future as a residential sanctuary."

The proposal also retains the site's established blue gum tree as the centrepiece of the communal landscaped gardens, while introducing activated retail fronting Military Road to strengthen the connection between Mosman and Cremorne villages.

If approved, the project would deliver 100 new homes within walking distance of shops, public transport, schools and local amenities, adding to the limited pipeline of new apartments on the Lower North Shore.

<h2>Project Snapshot</h2>

Project: Honeysuckle Garden Redevelopment

Address: 494-516 Military Road, Mosman

Developer: Abadeen and Phoenix Property Investors

Architect: DKO Architecture

Lead Architect: Matthew Ritchard

Value: $230 million

Residences: 100 apartments

Key features:

<ul>
	<li>
	Ground-floor retail
	</li>
	<li>
	Rooftop wellness precinct
	</li>
	<li>
	Gym and sauna
	</li>
	<li>
	Outdoor entertaining and BBQ areas
	</li>
	<li>
	Landscaped communal gardens
	</li>
	<li>
	Multi-use recreation court
	</li>
	<li>
	Retained mature blue gum tree
	</li>
	<li>
	Connecting with Country design process
	</li>
	<li>
	Harbour, CBD and Balmoral views from upper-level apartments
	</li>
</ul>

Abadeen Executive Chairman Justin Brown said the apartments had been designed as genuine long-term homes rather than investor-focused stock

First look: Abadeen plans 100 apartments on former Honeysuckle Garden site in Mosman

Hope Island

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The Broadbeach-based development firm Aniko Group has unveiled further plans for its grand Hope Island community on the Gold Coast.

Aniko Group, led by managing director George Mastrocostas, have fast-tracked construction for stage two of their $140 million No.1 Grant Avenue project, having secured more than 70 per cent of sales across the project.

[smartcode_project:default project_id=21346]

Stage two of the development will feature 105 two, two plus study and three-bedroom apartments with a range of bridge free marina berths available along the Hope Island canal. Aniko also responded to the COVID-19 pandemic by creating a "post-pandemic" office precinct for those wanting to work remotely.

Fitness guru Michelle Bridges is designing the health club as part of the second stage, where they will also be a children's play centre, theatre, residents lounge and outdoor cooking and dining facilities.

<a href="/buildings/no-1-grant-avenue-1-grant-avenue-hope-island"><img alt="" height="678" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/aniko_new_pool.jpg" width="1200"></a>

Mastrocostas said that the rapid sell-out of stage one gave them the confidence to fast-track the launch of stage two.

“To have achieved such exceptional sales and demand for our projects during a year that was filled with a lot of uncertainty is a testament to the quality offering we have brought to market,” said Mr Mastrocostas. 

“The market has remained exceptionally strong during Covid and buyers who missed out on securing an apartment in stage one have already purchased within stage two.”

<a href="/buildings/no-1-grant-avenue-1-grant-avenue-hope-island"><img alt="" height="702" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/aniko_grant_2.jpg" width="1200"></a>

Part of the precinct will be No.35 Grant Avenue, with its apartments inspired by designs from New York.

The downsizer and owner-occupier market have been particularly interested in the development which allows them to downsize while still remaining in the area.

“There’s no doubt that the Gold Coast is one of the hotspots for residential property and with great lending conditions we are certainly seeing buyers transitioning into their next investment journey whether it is as an owner occupier or investor.”

“With the recent border re-openings, we expect to see an increasing number of southern buyers purchasing in the project and we look forward to meeting the buyers who purchased in stage one, sight unseen, who haven’t been able to see their apartments until now.”
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Aniko Group, led by managing director George Mastrocostas, have fast-tracked construction for stage two of their $140 million No.1 Grant Avenue project, having secured more than 70 per cent of sales.



Why downsizers and owner-occupiers have descended on Aniko Group's No.1 Grant Avenue on Hope Island

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The Brisbane-based developers Keylin Group and Kinstone Group has began construction on their waterfront homes and townhouses at the luxury Helensvale development Serenity 4212.

The construction commencement comes after more than $107 million in sales since the project, one of the Gold Coast’s largest waterfront land projects, launched 12 months ago.

[smartcode_project:default project_id=83147] 
Over 30 per cent of Serenity Green, part of Serenity 4212 comprising 60 architecturally designed town homes, have sold, with more than $12 million in sales in just four months following its market launch. 

Remaining town homes in Serenity Green are priced from $535,000.

The sales generated in Serenity Green add to the $72 million achieved through Serenity Waters – a collection of 110 waterfront blocks of land that back onto Lake Serenity and the Coombabah Wetlands Conservation Area.

Keylin director Louis Cheung said Keylin was keen to expand its residential and commercial portfolio in the northern Gold Coast growth corridor between Helensvale, Hope Island and Coomera.

“We are absolutely delighted that our range of residential offerings has been so warmly welcomed by the marketplace,” Mr Cheung said.

“Keylin, with our team of consultants, has worked very hard to create the most diverse residential options available within our projects and they have been very well received.

<a href="/buildings/serenity-green-8-ben-dalley-drive-helensvale-road"><img alt="" height="794" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/serenity_entrace.jpg" width="1200"></a>

“It’s hard to believe that we have achieved so many sales in Serenity 4212 after only acquiring the waterfront site early last year and made so much progress across all our projects despite the challenges of the pandemic in 2020.”

Serenity Green’s town homes are positioned to capitalise on a growing market of discerning buyers seeking larger sized homes. 

“Demand for larger sized home is certainly growing, which in part is due to buyers spending more time at home during Covid. While the impacts of Covid-19 of the Gold Coast are subsiding, buyers’ desire to upsize their lifestyles certainly remains,” Mr Cheung added. 

Tony Ashwin, director of Ashwin Property which is managing the sales and marketing for Serenity 4212, said Serenity Green has been met with great immediate demand, particularly amongst the local owner-occupier demographic.

“Serenity 4212 is a unique, luxurious and well-priced offering and we’re witnessing great interest from the local community familiar with the great lifestyle on offer here,” said Mr Ashwin. 

<a href="/buildings/serenity-green-8-ben-dalley-drive-helensvale-road"><img alt="" height="720" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/serenity_green_pool.jpg" width="1200"></a>

“There really isn’t much else on the market with the same level of offerings in a beautiful, private and idyllic location, so well-priced to meet the market.

“Demand for the larger sized home offering is certainly there. A lot of our buyers who don’t require all four bedrooms are converting the fourth room or the second living area into a home office which is ideal in a post-Covid working environment.”

A range of resident amenities will be on offer in the gated Serenity Green community including an outdoor recreation area with barbecque facilities and a large swimming pool.

Of the sales achieved to date, four first home buyers have taken advantage of $40,000 of government incentives – the $15,000 First Home Owners Grant and the $25,000 HomeBuilder scheme which ends this month.
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The construction commencement comes after more than $107 million in sales since the project, one of the Gold Coast’s largest waterfront land projects, launched 12 months ago.



Take a look at Keylin and Kinstone's Helensvale development as house and townhouse construction begins

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The Gallery, a $33 million, 46-lot land estate in the Gold Coast’s Hope Island, has achieved a 70 per cent sell-out.

Developed by local developer <a href="/developers/gh-australia">GH Australia</a>, the Gallery has generated in excess of $20 million and is among this year’s best-selling Gold Coast land estates as local demand increases.

Tony Hymus, who is marketing the estate, said the high interstate demand in the community, combined with the imminent opening of the border, is driving locals to quickly purchase the limited land.

Located within the Links Hope Island Resort, the Gallery is situated between the resort’s golf course and the saltwater creek reserve.

“With all the other unique lifestyle benefits of living at Hope Island Resort on the doorstep, it’s no surprise that the land opportunity offered within this community has been met with such great interest”, Hymus said.

Only 15 golf and water fronting land lots remain, with prices beginning at $582,000 for a 608 sqm lot.

The land offerings include lots up to 873 sqm, which are priced from over $1 million.

The Gallery is located in close proximity to the $65 million Hope Island marketplace and will soon offer additional amenities such as a gym and refurbished clubhouse.  

All lots are registered and ready for home construction. You can see what the Gallery has to offer here: 

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://player.vimeo.com/video/466029401" width="560"></iframe>

Other projects developed by GH Australia include Sydney's newest master-planned community <a href="/new-apartments/park-sydney-stage-2-arbor-57-ashmore-street-erskineville">Park Sydney</a> in Erskineville. 

Residences begin from $1.54 million in the landmark buildings designed by WMK Architecture, Botany and Cascade. The <a href="/news/park-sydney-erskineville-nears-first-stage-sellout-as-residents-move-in">recently completed towers have nearly sold out</a>.
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urban.com.au

Land estate on the Gold Coast achieves 70 per cent sell-out

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A Hope island apartment has been recently sold for $260,000 at mortgagee auction.
The two bedroom three bathroom unit features one underground parking space. 
It was listed by Mark Worthington of LJ Hooker.
Situated at <a href="https://www.realestate.com.au/property-unit-qld-hope+island-130660170" target="_blank">1106/2 Activa Way</a> it is part of the Azzura Greens development and the building was completed in 2007.
With 155 sqm of floorspace, the property is inside the Hope Island Resort community.
Located adjacent to the Tennis Academy &amp; links to the Hope Island Golf Club it features a verandah.
Last sold in 2008 the apartment traded for $506,450, a reduction of $245,950 dollars.
<a href="https://www.propertyobserver.com.au/subscribe" target="_blank"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/1/Subscriber%20strip%20ad.jpg" alt=""></a>
It was listed as recently as 2017 initially asking for offers from $362,000 before reducing the price guide to $350,000 and being taken off market after 54 days.
Highlighting the loss of value at 2 Activa Way is apartment number 2317, which sold in December of 2017 for $380,000. 
The two bedroom two bathroom apartment was originally purchased off the plan in 2006 for $564,240.
Every subsequent sale has been $150,000 or more less than this price.
The median price for a home in <a href="/developments/hope-island-qld-4212">Hope Island</a> is $972,500 according to CoreLogic, which calculate its annual change in median price over the past 10 years as -2.5%.
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j.ballantyne1990-6AQqhLzZaK

Hope Island, Qld apartment sold by mortgagee for $250,000 loss

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The northern Gold Coast leisure-land of Hope Island has become critically undersupplied with less than 50 new apartments currently on the market, according to a new report. 
According to property consultants Urbis, The North Shore precinct which includes Hope Island, is the most undersupplied market on the Gold Coast for apartment buyers. 
“Since the beginning of 2016, only six new apartment projects have been launched to the market across the North Shore Precinct,” said Urbis senior consultant Lynda Campbell. 
“This has resulted in a low level of supply with the September 2018 quarter ending with only 49 new apartments available for sale. 
“This is the lowest level of supply across the four Gold Coast precincts which have supply levels ranging from 277 up to 1,190 apartments.”
Despite the supply shortfall, population forecasts indicate demand for new homes and apartments will continue to rise. 
The Hope Island catchment area is expected to house an extra 35,680 people over the 20 years to 2036, or an average of 1784 new residents a year. 
Gold Coast company Aniko Group, headed by George Mastrocostas (pictured below), has moved to fill the current void in the Hope Island market with plans to launch a major resort-style apartment project this year. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/3/22/George%20Mastrocostas.jpg" alt="">
Aniko Group will deliver 240 luxury apartments on an 8390 square metre waterfront site at 1 Grant Avenue. 
The move follows last year’s successful sell-out of Aniko’s Three72 Marine development at Labrador and builds on the company’s appetite for high growth markets in south-east Queensland. 
“Hope Island has been very much a slow burn in terms of its maturity as an apartment market, and it’s probably only in the last few years that we’ve really seen that start to fire up,” said Mastrocostas. 
“The area has so much going for it in terms of absolute waterfront lifestyle and key transport infrastructure, and the market is starting to respond to that, especially local buyers who know the area well. 
“Waterfront living is in demand across the Gold Coast and Hope Island is one of the few areas left in the city where we can deliver quality resort-style living without the big premium of coastal apartments. 
“Hope Island has been on our wish list for some time, so we’re excited to be bringing this project to fruition at this time. The early response we have received from the market has been very encouraging.” 
The Hope Island property market is benefitting from a raft of private and public investment being ploughed into the northern Gold Coast region. 
The recent opening of the new $65 million Hope Island Marketplace has become a key investment driver by bringing a range of amenities and new jobs to the heart of the suburb.
This comes on top of the completion of the nearby $450 million Westfield Coomera. 
Infrastructure work planned for the area includes major upgrades to M1 exits and the $400 million expansion of the Gold Coast Marine Precinct, which is set to boost local jobs. 
Anika Group is poised to officially launch 1 Grant Ave soon.
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Hope Island apartment market facing critical undersupply of stock: Urbis

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The philanthropist Neil Balnaves has listed his Hope Island, Gold Coast estate which was inspired by the J. Paul Getty Museum.
Balnaves’ 2834 square metre Killymoon Drive mansion is centred around an outdoor courtyard with an 18 metre pool and fountains.
There's walls adorned with hand painted frescoes by artist Michael Place referencing Roman mythology.
The holiday home, built by the family in the mid-90s, is listed through Charlon Delos Angeles of Amir Mian Prestige Property Agents.
Balnaves, who founded the Southern Star Group, has been a trustee member of Bond University and was once chairman of Dreamworld operator Ardent Leisure.
This article first appeared in The Weekend Australian. 
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Philanthropist Neil Balnaves lists Hope Island estate

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Hope Island is set to host a new store from the famous American restaurant chain Carl’s Jr.
The store will be in the $65 million Hope Island Marketplace, which is set to open in December.
The chain is known for its burgers, chicken strips and ice cream shakes.
Franchisor the Bansal Group will open the store’s doors on December 6 at 8.30am, with an ‘eat free for a year’ voucher offer for the first 50 customers.
The shopping centre is located at the intersection of Broadwater Avenue and Mervyn Drive.
“Carl’s Jr. is a household name in America and love for the brand is growing in Australia, so we’re thrilled to have the next restaurant opening here at Hope Island Marketplace,” said developer Lennon Lin.
The centre’s opening celebration will be on Saturday 8th December from 10am.
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Carl's Jr store coming to new Hope Island shopping centre

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A Hope Island waterfront house sold for $5.05 million.
Rita Na at Hope Island Resort Reality sold the home that last traded for $900,000 in 2009.
Privately positioned, the <a href="https://www.realestate.com.au/sold/property-house-qld-hope+island-127615510" target="_blank">Virginia Drive home</a> features large scale entertaining area with outdoor built in BBQ kitchen overlooking swimming pool and 14 metre pontoon.
It has four bedrooms, a kitchen with European appliances and fully equipped media room.
According to CoreLogic, the suburb's median house price sits on $640,000.
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Waterfront Hope Island trophy home sold for over $5 million

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A single level Hope Island home within Sanctuary Cove's prestigious Schotia Island precinct has been sold by the mortgagee for $1,375,000.
<a href="https://www.realestate.com.au/sold/property-house-qld-hope+island-126205598" target="_blank">Built by Deep North</a> with an in-ground pool, the home sits on a 993 square metre block adjoining 4.5 hectare of open green parkland on two sides.
The 2091 The Circle property had three king size bedrooms, all ensuited, plus a large study.
It last sold at $1.3 million in 2014. It had sold in 2007 at $1.3 million, and in 2011 at $950,000.
It was on the market for over 100 days before its sale in late November.
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Mortgagee sells Hope Island home for $1,375,000

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Leading developer Stockland has confirmed its acquisition of a waterfront site at Hope Island for $13.5 million.
The purchase of the 3.3 hectare site at Marina Quays Boulevard is Stockland’s first stand-alone medium density acquisition in the state.
Stockland general manager of medium density Ben Cantrell said the site was an enviable waterfront location, surrounded by excellent established housing, golf courses, and opposite the proposed town centre that will be include a supermarket.
"This acquisition aligns with our strategy to diversify and broaden the reach of our residential business through mutual density development, by offering our customers high-quality architecturally designed homes, in key locations at affordable prices.”
The site is around the corner from Stockland’s Foreshore Coomera development, where the Coomera Town Centre will become home to the northern Gold Coast’s biggest shopping complex and new central business district.
Stockland is proposing a diverse range of townhomes to appeal to “upgraders, downsizers and first home buyers”, with approximately half of the townhomes in the new community to have water frontage.
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