A mix of Gold Coast locals, fly-in, fly-out purchasers from Sydney and Melbourne, and Brisbane-based families has driven early sales success at Broadbeach's newest apartment tower, Lumara.

The 26-level project, a joint venture between builder-developer 5Point Projects and Bourke Projects, comprises just 37 luxury residences and is attracting a buyer profile that is looking for exclusivity, above the most amenity-rich suburb on the Gold Coast.

[smartcode_project:default project_id=150454 project_image_fid=364156]

Jamie Bourke, Director of Bourke Projects, says every buyer secured so far intends to use Lumara as a lock-up-and-leave residence, combining holiday use with the ability to work remotely when required.

“The size of the apartments, both half- and full-floor options, and the different zones within the floorplans, lends itself perfectly to dedicated home office setups and multi-generational family holidays,” Bourke says.

That flexibility has become a key drawcard for affluent buyers seeking a second residence on the Gold Coast without sacrificing the ability to conduct business away from their primary home base.

The absence of holiday letting within the building has also resonated strongly with purchasers.

“This type of buyer doesn't need to generate holiday rental income,” Bourke says. “They're paying for exclusivity, privacy and certainty around who their neighbours are.”

[smartcode_project:default project_id=150454 project_image_fid=366491]

The strong demand comes amid broader shifts in the high-end apartment market following the Federal Budget announcements in May.

“We were already seeing strong enquiry from high-net-worth buyers, but that has only accelerated since the policy changes,” Bourke says.

“A lot of those buyers are looking to place more capital into premium lifestyle assets rather than investment-grade stock that has been targeted by the Federal Government.”

[smartcode_project:default project_id=150454 project_image_fid=366486]

Designed by Cottee Parker, Lumara adopts a slender, sculpted form with an emphasis on natural materials suited to its beachfront setting. The architectural approach draws on coastal influences, with a palette of stone, timber and concrete selected for durability and the ability to weather over time.

Apartments are limited to three and four-bedroom configurations, with a maximum of two residences per floor through the mid-levels and a selection of full-floor and dual-level homes in the upper levels. All apartments are oriented to the north to maximise natural light, cross-ventilation and views across the ocean, city skyline and hinterland.

A two-level amenity offering is positioned high within the building on levels 20 and 21, conceived as a sky wellness retreat. Facilities include a magnesium pool, spa, sauna and steam rooms, alongside more social spaces such as a private dining room, resident lounge, workspaces and outdoor barbecue areas integrated with landscaped greenery.

The uppermost levels are reserved for larger-format residences, including several full-floor homes and a dual-level penthouse with its own private wellness features and recreational spaces.

&nbsp;

To give buyers confidence, 5Point and Bourke commenced construction ahead of the apartments launching to the market, a sure-fire way to prove they mean business, and the building will be delivered. They are targeting a 2028 completion date.

[smartcode_project_cta:default project_id=150454]

Joel Robinson

Locals, interstate holiday makers, drive early sales at Lumara, Broadbeach's newest luxury apartment tower

Often when it comes to purchasing property, the biggest barrier to entry is the deposit. Buyers of established homes typically aim for a 20 per cent deposit to avoid the added cost of Lenders Mortgage Insurance, while most property transactions require around a 10 per cent deposit when contracts are exchanged.

The off-the-plan market works differently, with buyers typically paying a deposit during construction and settling the balance upon completion. As completion approaches at <a href="https://www.apartments.com.au/new-apartments/fabbrica-fitzroy-369-gore-street-fitzroy-vic-3065">Fabbrica Fitzroy</a>, developer <a href="https://www.apartments.com.au/developers/pace-development-group">Pace</a> is making it easier for buyers to secure a residence through a deposit-matching incentive. Purchasers need only contribute a five per cent deposit*, with Pace matching the remaining five per cent.

The offer comes as Pace unveils a completed display apartment and townhouse, now available for inspection by appointment ahead of the project's Spring completion.

[smartcode_project:default project_id=139552 project_image_fid=371009]

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/winwood-mckenzie-architecture">Winwood Mckenzie</a> and landscaping by <a href="https://www.apartments.com.au/landscape-architect/acre">Acre</a>, Fabbrica draws on Fitzroy’s industrial and manufacturing history, incorporating references to the former Argyle Shirt Factory and Life Savers Confectionery Company that once occupied the site.

The development comprises 85 residences, spanning low-maintenance apartments through to larger-format townhouses with private street access and double lock-up garages, a relatively uncommon offering in Fitzroy’s higher-density apartment market.

Pace says the project has been designed to appeal to buyers seeking inner-city convenience without sacrificing space, flexibility, or amenity.

[smartcode_project:default project_id=139552 project_image_fid=371016]

Inside the residences, Winwood Mckenzie has focused on adaptable layouts and integrated detailing, with features including custom joinery, and concealed storage solutions. The material palette leans into warm, tactile finishes intended to complement the building’s industrial architectural language.

Fabbrica’s rooftop amenity is a key part of the project offering. Spanning around 800 sqm, the communal rooftop includes a private dining room, communal kitchen, lounge spaces, work-from-home zones, and outdoor dining areas overlooking the Melbourne CBD skyline.

[smartcode_project:default project_id=139552 project_image_fid=371017]

Landscape architecture studio Acre has introduced a layered rooftop garden designed to soften the urban setting while creating a more communal environment for residents.

The Fitzroy location also positions residents within walking distance of Brunswick Street, Smith Street, parks, cafés, galleries, and public transport, while remaining only minutes from Melbourne’s CBD. The project has an enviable Walk Score of 96.

[smartcode_project:default project_id=139552 project_image_fid=371025]

Pace, which is also delivering the project as builder, has developed more than 100 projects across Melbourne over the past three decades. The vertically integrated approach has become increasingly common among developers seeking greater control over construction delivery amid broader market pressures affecting the apartment sector.

The strikingly contemporary Gore Street development is now around 70 per cent complete, with purchasers expected to move into their new homes in Spring 2026. A limited number of residences remain available under the current deposit match offer.

*Conditions apply in relation to the deposit match offer.

[smartcode_project_cta:default project_id=139552]

Pace offers five per cent deposit match at Fabbrica Fitzroy ahead of Spring completion

Sydney developer Hyecorp's roots on the Lower North Shore stretch back three generations, and that deep understanding of the market continues to shape where and how it develops today.

From high-rise towers to boutique apartment projects, the family-run developer has built its reputation by focusing on a part of Sydney it knows intimately. Founded by Michael Abolakian in the early 1990s, Hyecorp is now led by his sons Stephen, Troy and Patrick.

Stephen Abolakian, joint managing director alongside Troy, has spent more than two decades in the business, overseeing development, planning, finance, marketing and sales.

Abolakian says the developer's disciplined focus on where it chooses to operate has been, and continues to be, one of Hyecorp's greatest strengths.

“We know the buyer profile exceptionally well,” Abolakian says.

“The demographics between places like Willoughby, Chatswood, St Leonards and Roseville are very similar. There are nuances between suburbs and projects, but culturally and from a buyer perspective, there’s a strong overlap.”

That buyer has historically been overwhelmingly owner-occupier driven.

Unlike many Sydney apartment developers that have traditionally relied heavily on investor demand, Hyecorp’s projects have typically attracted downsizers, upsizers, rightsizers and family owner-occupiers seeking long-term homes rather than short-term investments.

“Historically, investors have been a much smaller portion of our demand profile,” Abolakian says.

“We design for owner-occupiers. We don’t design for yield, we design for comfort, amenity, family living and long-term usability.”

That philosophy extends well beyond apartment layouts.

From landscaping and communal gardens to shared amenities and circulation spaces, Hyecorp’s developments are designed around how people actually live, something Abolakian believes has become increasingly important in Sydney’s apartment market.

“There was probably a period where having an approved project in market was enough,” he says.

“There wasn’t as much competition and if you built it, buyers would come. That’s no longer the case.”

“There’s more supply in the pipeline now, particularly with TOD precincts and low and mid-rise reforms opening up opportunities across Sydney. Buyers have more choice, so if you get the product wrong, they’ll simply go elsewhere.”

[smartcode_project:default project_id=110379 project_image_fid=311393]

The shift has forced developers to become more sophisticated in how they approach apartment design, particularly as owner-occupier expectations continue to rise.

For Hyecorp, that means thinking beyond who the buyer is today and designing for who they may become in five or 10 years' time.

“People buying now often aren’t moving in for several years,” Abolakian says.

“You might have a young couple buying today, but by the time they move in they may have children, older children, or changing lifestyle needs. You’ve got to think about how families evolve.”

That thinking also shapes Hyecorp’s approach to amenity, which positions wellness at the forefront.

[smartcode_project:default project_id=149594 project_image_fid=362634]

While resort-style facilities have become increasingly common marketing tools across Sydney apartment developments, Abolakian says the challenge is ensuring amenities are genuinely usable and appropriate for the scale of the project.

“If amenities are done right, they can materially improve the living experience,” he says, adding however that if you&nbsp;overdo it or get it wrong, you can end up with facilities nobody uses that simply create ongoing strata costs.”

That balance is something Hyecorp is aiming to strike with projects like Roseville Avenue, one of the group's upcoming Lower North Shore developments, which Abolakian describes as bringing a resort-style living experience into a metropolitan setting.

“It’s about creating something that feels special without being excessive,” he says.

“Good gardens, quality apartments, thoughtful amenity. Creating that resort feeling in a metro location.”

<img alt="Hyecorp" data-entity-type="file" data-entity-uuid="13c4c0f3-b1b7-44cf-9344-0b3d1d07797a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-02%20at%2012.14.57%E2%80%AFPM.png?VersionId=9OLWjyj2bYkDV35F78WJnyMSPfc2bJ2z" />

The focus on owner-occupier product comes as Sydney’s apartment market continues to navigate a difficult development environment.&nbsp;For Hyecorp, maintaining an in-house operating model across construction, sales, marketing and development management has become increasingly important in navigating that environment.

“We’ve always believed in keeping a lot of the process in-house,” Abolakian says.

“It creates efficiencies, but it also creates quality control. You can make faster decisions and ensure the end product stays aligned with the original vision.”

Despite the challenges, Abolakian believes demand for quality owner-occupier apartments across Sydney remains strong beneath the surface, particularly across established Lower North Shore suburbs where downsizers continue to seek new housing options close to existing communities.

“There are definitely people waiting,” he says.

“Once some of the broader uncertainty settles, whether that’s the global environment or some of the local economic noise, I think the right projects will perform very strongly.”

Hyecorp currently has three residential developments on the market across Sydney’s Lower North Shore.&nbsp;Audrey, St Leonards, positioned opposite Newlands Park, is nearing completion and preparing to welcome its first residents, with the project now almost sold out.

Hyecorp has also recently launched&nbsp;<a href="https://www.apartments.com.au/new-apartments/celine-chatswood-37-archer-street-chatswood-nsw-2067">Celine Chatswood</a>, an architectural tower, while continuing to deliver&nbsp;<a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet Roseville</a>, a more boutique scale of development with just 34 apartments.

Why Hyecorp continues to back Sydney's Lower North Shore apartment market

South East Queensland’s apartment market is entering a new phase defined by rising prices, constrained affordability, and mounting pressure on the construction pipeline, according to RPM Group’s latest SEQ Apartments &amp; Townhomes Market Report.

The May 2026 report highlights a widening divide between what buyers can afford and what developers can viably deliver, with detached house prices continuing to push more buyers toward apartments across Brisbane, the Gold Coast, and the Sunshine Coast.

RPM says Brisbane’s median house price has reached around $1.5 million, accelerating the shift toward higher-density housing as buyers are increasingly priced out of the detached market.

[smartcode_project:default project_id=135094 project_image_fid=356540]

Median unit prices rose across all three major SEQ markets in the March quarter. Brisbane City recorded the strongest annual growth, with median unit prices climbing 21 per cent to $862,000, while the Gold Coast reached the highest overall median at $950,000, up 17 per cent year-on-year. The Sunshine Coast followed at $870,000, representing annual growth of nine per cent.

RPM noted the affordability gap between houses and units remains significant, with detached homes commanding premiums of 67 per cent in Brisbane and 68 per cent on the Gold Coast relative to apartments.

The report suggests this price disparity is increasingly consolidating buyer demand within the apartment market, particularly among downsizers and owner-occupiers.

“Demand is real. Supply is moving. But they’re operating on different timelines and the gap between what’s being built and what buyers can afford is the defining tension in this market right now,” RPM Queensland and NSW Managing Directors Peter Neale and Clinton Trezise said in the report.

[smartcode_project:default project_id=150787 project_image_fid=366230]

While approvals and commencements are strengthening, RPM argues the delivery pipeline remains constrained by construction costs, labour shortages, and extended build timelines.

Apartment approvals across Queensland increased 86 per cent over the year to February 2026, reaching 12,682 approvals, the highest level recorded since 2016. Brisbane overtook the Gold Coast as the state’s most active apartment approval market, with nearly 5,000 apartments approved over the past 12 months.

Unit commencements also strengthened considerably, rising 48 per cent year-on-year to 5,453 commencements in the December 2025 quarter, the highest level since 2018.

However, RPM’s research found apartment delivery timeframes have expanded sharply compared to the previous cycle. Projects are now averaging around 30 months from approval to completion, compared to roughly 20 months a decade ago.

[smartcode_project:default project_id=143932 project_image_fid=367515]

The number of units under construction has climbed to approximately 31,530 dwellings, nearing the previous 2016 peak, though projects are remaining in the pipeline for considerably longer.

Construction costs continue to weigh heavily on feasibility. RPM found the average apartment construction cost in Greater Brisbane reached $630,000 per dwelling in 2025, exceeding both Sydney and Melbourne. Coastal Queensland markets, including the Gold Coast and Sunshine Coast, were even higher at an average of $817,418 per apartment due to the prevalence of larger premium product.

The report also points to increasing pressure from Olympic-related infrastructure spending ahead of Brisbane 2032, with labour competition expected to intensify over the next several years.

[smartcode_project:default project_id=150017 project_image_fid=370960]

ANZ Associate Director of Property Daniel Gradwell said the underlying demand drivers across South East Queensland remain strong, supported by interstate migration, downsizers, and population growth.

“The challenge is bringing enough supply to market to meet that demand, and nothing on the horizon makes that straightforward,” Gradwell said.

RPM’s analysis found the affordability challenge is becoming more pronounced in the new apartment market itself, with only three per cent of surveyed new apartments priced below $1 million.

Instead, the market is increasingly concentrated in higher price brackets, with the most common new apartment price band across SEQ sitting between $1.5 million and $1.75 million. Around half of all new apartment stock surveyed is priced below $2 million.

The report suggests developers are not necessarily avoiding lower price points by choice, but because current construction economics make delivering affordable apartments increasingly difficult at scale.

Rental conditions also remain tight across the region. Median rents for one-bedroom apartments rose 12 per cent in Brisbane over the past year to $580 per week, while Gold Coast one-bedroom rents increased nine per cent to $630.

Despite rising rents, RPM noted bond lodgements have generally trended downward over the past five years, indicating more apartments are being absorbed by owner-occupiers rather than retained as investor-held rental stock.

Looking ahead, RPM expects projects targeting the mid-market owner-occupier segment between $1.25 million and $2 million to remain the most viable part of the market, while premium projects in highly constrained coastal or riverfront locations continue to attract demand.

“Construction costs are rewriting the feasibility rulebook across Greater Brisbane, and with little relief in sight, only projects in the right price band, right location, and with presales secured early will make it through,” the report concludes.

SEQ apartment demand outpacing affordable supply as construction timelines stretch: RPM

Camberwell Junction has long been the epicentre of amenity in Melbourne’s Boroondara region.

For nearly a century, it has drawn both locals and visitors, anchored by the Camberwell Sunday Market, which first operated in 1929 and quickly became a fixture of the suburb’s identity. Over time, the Junction evolved into one of Melbourne’s most established retail and lifestyle precincts, now comprising more than 400 stores and over 300 commercial businesses.

Despite that depth of amenity, one thing has remained notably limited: the supply of new apartments.

In a suburb defined by its heritage streetscapes and tightly held residential stock, new development opportunities have been scarce, particularly within the core of the Junction itself. That lack of supply has left a gap in the market for larger, design-led apartments suited to downsizers and owner-occupiers wanting to remain in the area.

Boutique developer Above Zero identified that gap when it secured a prime site on Burke Road, in the heart of Camberwell Junction.

[smartcode_project:default project_id=4896 project_image_fid=368543]

The site has a long planning history. Various proposals have been put forward over more than a decade, many of which were knocked back by the City of Boroondara, with initial applications dating back to 2015. Above Zero acquired the site in 2022 and returned with a revised scheme, refining both the building’s height and its ground-level interface to better align with Council expectations.

That process has culminated in approval for Camberwell House.

The Cera Stribley-designed development will deliver 57 residences on a 1,950 sqm site within the Camberwell Activity Centre, placing it directly within one of Melbourne’s most established retail and transport hubs.

It is expected to be one of the only new apartment developments to launch in the Junction in recent years, reinforcing the rarity of new supply in the precinct. Currently, there are just a handful of projects on the market in Camberwell, underscoring the significance of a development of this scale and positioning.

[smartcode_project:default project_id=4896 project_image_fid=368544]

Camberwell House has been conceived with a clear focus on larger-format apartments. The project will offer a mix of two-, three- and four-bedroom residences, alongside a limited number of penthouses, targeting owner-occupiers seeking scale rather than volume-driven product.

The building’s vertical presence will also set it apart.

Positioned on Burke Road, the development is set to become one of the taller buildings in its immediate context, allowing for elevated outlooks across Melbourne’s CBD skyline and toward the Dandenong Ranges. In a precinct characterised by lower-scale built form, that height provides a point of differentiation, particularly for buyers seeking outlook and natural light.

[smartcode_project:default project_id=4896 project_image_fid=368568]

Architecture has been led by Cera Stribley, with interiors by GOLDEN and landscape design by Florian Wild. The design approach centres on material consistency and restraint, with residences oriented to maximise light, ventilation and connection to outdoor spaces.

Full-height glazing and generous terraces form a key part of that strategy, allowing apartments to extend beyond their internal footprint and engage with the surrounding environment.

Beyond the private residences, a significant component of the project is its amenity offering.

Above Zero has positioned Camberwell House as a “complete living environment”, incorporating a full floor dedicated to resident facilities. At the centre of that is a wellness zone, including a 12.5-metre lap pool, spa, sauna and treatment spaces, alongside a gym and recovery-focused amenities.

This level of amenity is more commonly associated with inner-city developments, rather than established middle-ring suburbs like Camberwell.

[smartcode_project:default project_id=4896 project_image_fid=368588]

Additional shared spaces include a private library lounge, dining and entertaining areas, and an indoor golf simulator. A self-contained guest suite has also been incorporated, allowing residents to accommodate visiting family or friends without impacting their primary living space.

The inclusion of these facilities reflects a broader shift in buyer expectations.

As more downsizers look to transition from larger family homes into apartments, there is increasing demand for developments that offer not just a residence, but a lifestyle. That includes access to wellness, social and entertaining spaces within the building itself, reducing the reliance on external amenity while still maintaining proximity to established precincts.

Camberwell House is positioned to benefit from both.

Its location places it within immediate walking distance of Camberwell Junction’s retail and dining offering, as well as public transport connections, including tram and train services. That combination of internal amenity and external convenience is central to its appeal.

<section data-scroll-anchor="false" data-testid="conversation-turn-150" data-turn="assistant" data-turn-id="request-WEB:55d7c6ac-8e6d-4881-ad49-0ed9bf66d1cc-74" dir="auto">
Jellis Craig Projects Director Stephen Bowtell is handling sales for the project and says Camberwell House offers a rare entry point into one of Melbourne’s most tightly held markets.

“Buyers are recognising that Camberwell House offers something they simply haven’t seen before in Boroondara,”&nbsp;Bowtell&nbsp;says.

“It combines a level of resident amenity and service typically associated with Melbourne’s premium inner-city developments, while being positioned right in the heart of Camberwell Junction.

“The response to the concierge offering has been particularly strong. Buyers appreciate not only the convenience, but also the sense of security and peace of mind that comes from having a dedicated presence in the building every day.

“When you combine that with the wellness facilities, the exceptional arrival experience, and panoramic views across both the CBD skyline and the Dandenong Ranges, it creates a lifestyle proposition that is genuinely unique within the local market.”
</section>

[smartcode_project_cta:default project_id=4896]

Above Zero launches Camberwell House in undersupplied Camberwell Junction precinct

Inner-city

As one of Sydney's first planned suburbs, Rosebery was created to accommodate expansive industrial workplaces in 1911.

Despite the&nbsp;once working-class suburb experiencing a transformation of its industrial warehouses into food and beverage hubs which has drawn peoples attention to Rosebery, there's been little activity in the new and off the plan apartment space, with land for a new development difficult to procure.

Rosebery ticks a lot of boxes for buyers. Its proximity to the city, just six kilometres and several transport routes to accomodate that, is one of the major drawcards, as is the distance to the University of New South Wales, just the other side of Moore Park.

One of the most recent entrants to the new and off the plan apartment space in Rosebery is The Rothschild by renowned developer Deicorp.&nbsp;

[smartcode_project:default project_id=106843 project_image_fid=221673]

The Candelapas-designed apartment development is ideally located at 24 Rothschild Avenue, just six kilometres from Sydney’s city centre and within walking distance of the best Rosebery offers.&nbsp;

The Rothschild's design reflects the industrial heritage of Rosebery, but with European influences.&nbsp;The Rothschild is made with bricks, with the facade curtained by circular columns, arches, and cascading greenery.

Two eight-level buildings will home 176 apartments, multiple outdoor areas, a communal music room and a ground-level retail space.

[smartcode_project:default project_id=106843 project_image_fid=221666]

Residents can access the private landscaped rooftop gardens and the communal courtyard to relax, interact and play while enjoying quick access to the nearby Sweetacres Park.

With all the amenity options within The Rothschild, residents can enjoy the ground-level restaurant and café beneath the residential apartments. The East Village Shopping, Woolworths Metro Rosebery and Wholefoods House are all within walking distance of home for retail conveniences.

The Rothschild is just 550 metres from The Cannery, which really lit a spark under the suburb as a place to visit.

[smartcode_project:default project_id=106843 project_image_fid=221672]

Housed in a revived warehouse space, The Cannery brings together food, drinks and designer homewares, with vendors such as Three Blue Ducks, Koskela and Archie Rose Distilling Co featured in the building, while popular favourites like Messina, Pizza Da Mario and Grandma’s have also made a home for themselves in the burgeoning suburb.&nbsp;

The Rothschild is located just across the road from Sweetacres Park, a green outlook rarely found in an inner-city suburb.

Construction on The Rothschild is well underway, with completion slated for early 2025.

[smartcode_project_cta:default project_id=7016]

One of the most recent entrants to the new and off the plan apartment space in Rosebery is The Rothschild by renowned developer Deicorp

alisonwarters@gmail.com

How Rosebery turned from industrial warehouses to thriving foodie hub

Green Square’s urban renewal is taking place across Beaconsfield and Zetland, and parts of Rosebery, Alexandria and Waterloo.

Revitalising the heritage and charm of this inner-city area, the precinct will be transformed into a major lifestyle and entertainment hub, replete with retail, office and state-of-the-art community facilities.

As one of Australia’s fastest growing neighbourhoods with over 30,000 new residential dwellings expected by 2030, developers have been quick to take advantage of the growth, with development giant Deicorp next on the list with their Zetland residential project, Downtown.&nbsp;

[smartcode_project:default project_id=7106 project_image_fid=211703]

Downtown offers a collection of one, two, and three-bedroom residences that exude sophistication and elegance, with the project designed to echo Zetland's urban energy.&nbsp;

437 apartments will be delivered across the&nbsp;106-116 Epsom Road site, with&nbsp;MHNDU and BVN Architects collaborating in the design of the four unique buildings.&nbsp;

A range of floorplans are on offer, including open plan two-level apartments, which benefit from off street access.&nbsp;

The spacious living areas include sleek and functional kitchens, with SMEG appliances, while a merge between indoor and outdoor living has been created through the private balconies positioned as additional entertaining areas.&nbsp;

[smartcode_project:default project_id=7106 project_image_fid=211701]

The large, king-sized bedrooms feature generous built-in or walk-in robes, with buyer's able to further customise their space with an optional study or dry bar.&nbsp;

The buildings at Downtown will be crowned by rooftop gardens, surrounded by generous lush landscaping, in addition to the various verdant pathways which not only connect the buildings but also the community.&nbsp;

Downtown is conveniently located just a short stroll to the East Village shopping centre, as well as Green Square Train Station, which will get residents to the CBD in a flash or the airport in just 20-minutes.&nbsp;

[smartcode_project:default project_id=7106 project_image_fid=211702]

The NSW Government is building a new primary school and community spaces in Green Square on the old Royal South Sydney Hospital site on Joynton Avenue, while there's 12 primary and secondary schools within two kilometres of the site.&nbsp;

The City of Sydney has also&nbsp;committed $540 million to create world-class community facilities including an innovative new library and plaza, an aquatic centre, many parks and playgrounds, a childcare centre and a creative hub, which upon completion will put&nbsp;residents within five kilometres of 127 parks, cafes and restaurants.&nbsp;

[smartcode_project_cta:default project_id=7106]

Revitalising the heritage and charm of this inner-city area, the precinct will be transformed into a major lifestyle and entertainment hub, replete with retail, office and state-of-the-art community facilities

Deicorp's Downtown Zetland to bolster Green Square urban renewal project

Construction has commenced on a new set of apartments slated for Brisbane’s inner-city by SAVVE Developments &amp; Construction.&nbsp;

The 1610 sqm Indooroopilly site at 107 Clarence Road, is DA-approved to deliver 35 apartments across eight storeys upon completion, with The Audrey offering a mix of two, three and four-bedroom residences as well as one five-bedroom penthouse.&nbsp;

Commercial tenancies will take up shop across the ground floor of the site, with the two-storey addition set to include space for offices and food and beverage retailers.&nbsp;

Designed by Prospect Architects, with interiors by Merge, the development will take inspiration from the tree-lined streets of its locale, which is situated just moments from world-class cafes, restaurants, shopping and golf courses.&nbsp;

[smartcode_project:default project_id=94824 project_image_fid=209993]

An entry lobby and resident’s library will be situated across the ground floor, featuring stone floors, feature wallpaper, timber joinery and custom furniture, with the apartments beginning on level two, with just five residences set for each floor.&nbsp;

Designed for the owner-occupier, each of the homes will feature open living and dining areas, with 2.7-metre high ceilings, wide balcony doors and full-height glass panelling inviting natural light and breezes throughout.&nbsp;

SAVVE Director,&nbsp;Sandro Alberti&nbsp;said their research showed that most buyers would be locals, within an eight kilometre radius, which has, so far, been the case.

"Being the Builder and Developer meant we were able to fully customise, not only the fit out of each apartment but also able to amalgamate two floor plans together to purposely design larger apartments, satisfying our client's desired outcomes," Alberti said.&nbsp;

[smartcode_project:default project_id=94824 project_image_fid=210019]

"Of those buyers that decided to opt for larger residences, we have worked together with our architects and them to design magnificent four or five-bedroom apartments that cater for their customised interior preferences."

"With the addition of these unique larger residences within our boutique complex, we've reduced the number of apartments from 35 to now just 30".

Apartments will incorporate internal laundries, ensuites, media rooms, butler’s pantries and expansive storage options, with an interior palette of stone, engineered Oak Herringbone timber floors, and cool neutral walls.&nbsp;

The two-bedders will be priced from $680,000 with the three-bedroom apartments starting from just over $1 million.&nbsp;

Crowning the inner-city site will be a communal rooftop recreation deck, complete with a lap pool and day beds, barbecue facilities, alfresco dining space, and a conversation zone with a fire pit, all encased in lush green landscaping, with raised vegetable and herb garden beds and an open green zone also incorporated. &nbsp;

[smartcode_project:default project_id=94824 project_image_fid=210018]

Centrally located in a walkable community, The Audrey offers the best of all worlds, with the casual vibe of the leafy riverside suburb brimming with green open parklands while still being seamlessly connected to the CBD, which is just 9 minutes away.

The Indooroopilly Train Station is just a five-minute walk from the site, as is the Indooroopilly Shopping Centre, which is the largest shopping destination in the western suburbs of Brisbane, with over 360 specialty stores, 16 cinema rooms and a food court.&nbsp;

The Audrey is also close-by to two premier golf courses, in addition to a number of educational institutes, including The University of Queensland, Indooroopilly State High School, Brigidine College, St Peters Lutheran College, Ambrose Treacy College &amp; Holy Family Primary School.&nbsp;

[smartcode_project_cta:default project_id=94824]

SAVVE Developments behind latest Indooroopilly apartments, The Audrey

Ten years in the making, St Boulevard has attracted attention from a broad range of buyers in its time on the market.&nbsp;

Offering from one through to five-bedroom residences, the Shakespeare Group project is welcoming buyers, with a range of two-bedroom apartments remaining, as well as one five-bedroom residence.&nbsp;

[smartcode_project:default project_id=1260 project_image_fid=177959]

Located in a prime position on the corner of St Kilda Road and High Street, at the southern tip of Albert Park Lake, the three-tower project is a striking addition to the Melbourne city skyline, with a glass facade that soars from nine to 20-storeys.&nbsp;

The remaining apartments start from $690,000, with the five-bedroom apartment topping out at just over $2.8 million.

Designed by Elenberg Fraser, the interiors of each apartment are centred on key modes of contemporary living.

Featuring an open-plan design, European appliances fit out the kitchens, with timber floorboards throughout the living and dining areas, before transitioning to carpet in the bedrooms.&nbsp;

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Featuring full height windows to frame the views, the remaining apartments all enjoy direct views that sweep across the CBD skyline, St Kilda Road precinct, Port Phillip Bay or South Yarra.

Shakespeare has also included a host of exclusive resident’s-only facilities, including a heated lagoon and lap pool, resort style pavilions, water sunbeds, outdoor barbecue pods, garden seating areas and a children’s play area

[smartcode_project_cta:default project_id=1260]

Inside the final St Boulevard apartments

Only 10 kilometres from the heart of the city, Ivanhoe is one of Melbourne’s most historically rich neighbourhoods.

Recognised as an area with great vitality and landscape appeal, Ivanhoe is bordered by Darebin Creek to the west and the Yarra River to the south, and offers a unique village lifestyle surrounded by parks, walking paths and golf courses – making it a walker’s paradise.&nbsp;

The unique charm and potential of Ivanhoe was what attracted developers Salter Brothers, who have taken to the unique location in the heart of Ivanhoe village to deliver their latest residential project, Candela Apartments.&nbsp;

[smartcode_project:default project_id=342 project_image_fid=169535]

The investment group’s impressive portfolio comprises luxury residences, hotels and restaurants in some of Australia’s most desirable locations.

Salter Brothers engaged John Demos Architects to design the 62 apartments for his deep architectural experience and knowledge of the uniquely shaped site with uninterrupted views across to the Melbourne skyline and Dandenong Ranges.&nbsp;&nbsp;John Demos Architects was founded in Melbourne in 1984 by Demos himself.

Collaborating with his sister, interior designer Kathy Demos, Candela Apartments delivers a mix of one, two, three and four bedroom apartments plus penthouses. In addition, there are three double storey family- sized loft apartments, comprising four bedrooms with a second upstairs living zone, dedicated study area, laundry chute and an opulent master bedroom suite.

Rather than existing as one form, the building has been separated into a series of curved forms. The design allows for points of transition from one form to the next, while also creating a sense of space and privacy between the residences.&nbsp;

[smartcode_project:default project_id=342 project_image_fid=169544]

Distinguished by a glass facade, the layered materiality of the Candela Apartments, coupled with the structural design, interacts with natural light, inviting an abundance into each of the homes.

The apartments are considered as a retreat for rest and rejuvenation. Generously sized and designed with options to suit all purchasers whether they be downsizers, first home buyers, couples or families without compromising on amenity, location or quality.

Internally, apartments include an over-sized living areas and bedrooms, complemented by stone bench tops throughout, wool carpets in the bedrooms, Miele kitchen appliances and an integrated refrigerator.

Each of the apartments also features excellent natural light and views, whilst the penthouses enjoy large terraces with top floor panoramic views.

[smartcode_project:default project_id=342 project_image_fid=169537]

Benefiting from the height and orientation of the building,&nbsp;residents will enjoy unrivalled views from the city skyline or the Dandenong Ranges.

With the city only 20 minutes away by car or train, the development presents the opportunity to live in one of Melbourne’s most rewarding and connected locations. Stroll two minutes up the road for a morning coffee, grocery shopping, gourmet dining, all services and more, with the village conveniences delivering the ultimate inner-urban lifestyle.&nbsp;

[smartcode_project_cta:default project_id=342]

In the heart of Ivanhoe Village designed to suit the lifestyles of families, couples and singles alike.

Discover Candela Ivanhoe’s 45 unique loft style residences, apartments, and penthouses

There&#39;s a reason Melbourne has long been voted the best city in the world to live.

From its bustling laneways, extensive parklands, and riverfront dining scene, Melbourne attracts a diverse demographic&nbsp;from all over the globe.

Much like every capital city in the last two years, there was a mass exodus from high density living, as Australians&nbsp;sought refuge from COVID-19 away from the office, with remote working replacing the traditional office commute.

The extensive vaccine rollout last year has put an end to rolling lockdowns, and Melburnians are heading back into a city that is thriving once again.

The Australian Open was a huge success, the F1 is back at Albert Park with a record turnout, and live events such as the Melbourne International Comedy Festival&nbsp;are on the agenda again having been skipped by large crowds for the last few years.

The shift has seen the median value of a unit in Melbourne soar 8.6 per cent within the last six months, according to CoreLogic data. Those values are only expected to increase as further international investment pours back into the local market.

Buyers are taking advantage of the <a href="http://www.sro.vic.gov.au/land-transfer-duty-concession-or-exemption-city-melbourne-residential-property-transactions">current stamp duty concessions on new and off th​e pl​an property in the City of Melbourne</a>, which expires in the coming months.

Up until June 30, buyers who secure a new property under $1 million within the City of Melbourne LGA will see their stamp duty tax slashed in half. For any new property on the market for more than 12 months, stamp duty will be waived in full.

The concessions only apply to those new properties that fall in the City of Melbourne local government area. Urban has had a look at those suburbs and what makes them so desirable for property buyers.

<h2>Southbank</h2>

One of Melbourne&#39;s fastest growing locations, Southbank is situated on the southern side of the Yarra River. The small suburb includes Sou​thbank Promenade that stretches from Southgate shopping and dining complex to Queen​sbridge Square.

Residents in Southbank get easy access to the popular arts precinct, with live theatre, riverside dining, on the doorstep. Significant and rapid residential development has occurred in Southbank and the population has skyrocketed, with a vast majority of residents living in high-rise apartments.

There&#39;s a huge pipeline of infrastructure in the hotspot south of the Yarra, including the transformation of Southbank Boulevard which is set to create&nbsp;five new public spaces and&nbsp;neighbourhood parks, along with a new 1.1-kilometre bike path. It&#39;s also home to arguably two of Melbourne&#39;s most striking buildings, Eureka Tower and <a href="/buildings/australia-108-southbank-70-southbank-boulevard-southbank">Australia 108</a> (the latter being eligible for $0 stamp duty).

One of the most impressive developments to hit Southbank, and maybe even Australia in recent years, is STH BNK by Beulah. The twin tower development on City Road will home the tallest tower in Australia when completed in 2025, some 50 metres taller than Q1 in Surfers Paradise.

[smartcode_project:default project_id=8804 project_image_fid=27929]

The $2.7 billion project features&nbsp;dual skyscrapers with a twisting geometric glass fa&ccedil;ade and terracing, featuring pocket parks and green spaces up to a publicly accessible botanic garden atop of the tower, designed by&nbsp;<a href="/architects/unstudio" target="_blank">UNStudio</a>&nbsp;and&nbsp;<a href="/architects/cox-architecture">Cox Architecture</a>.

Set among its twin towers and activated podium will be four collections of private residences, a hotel, commercial offices, a conference and entertainment centre, a children&rsquo;s day care centre, a world-class integrated health and wellness precinct, experiential retail spaces and 6,000 sqm of green park spaces running throughout the entire project.

[smartcode_project:default project_id=8804 project_image_fid=193963]

There will be a number of apartments in the project which are available for stamp duty concessions, with prices starting from mid $500,000&#39;s.

<h2>Docklands</h2>

Docklands is enjoying a renaissance with new apartment developments driving the growth and infrastructure of the community, and it&#39;s estimated that by around 2031 Docklands will home over 22,000 people.&nbsp;

Docklands became part of the City of Melbourne municipality in July 2007, with the suburb covering more than 200 hectares of land and water on Victoria Harbour, west of the Melbourne CBD.

The area is close to Melbourne&#39;s main transport networks, including Southern Cross Station, and is well known as the home to Marvel Stadium.

From the original development at New Quay, featuring apartments, restaurants and marina, Docklands has grown as a waterfront precinct offering a mix of inner city living, shopping, business, parks, entertainment, dining, sporting events, community events, arts and culture.

One of the biggest redevelopments in Docklands is Yarra&#39;s Edge, the waterfront masterplan by the ASX-listed developer Mirvac.

[smartcode_project:default project_id=3494 project_image_fid=184708]

Mirvac has just completed Voyager, the eighth apartment tower in Yarra&#39;s Edge, and are readying the ninth tower.

Currently the tallest tower within the Yarra&#39;s Edge precinct, Voyager offers a range of one, two and three bedroom apartments, as well as flexi-townhomes.

The $300 million development&nbsp;rises 130 metres and is home to a sweeping range of facilities, including&nbsp;the level 43 Resident Skydeck and&nbsp;Bar, the first-ever rooftop lifestyle space in the precinct.

[smartcode_project:default project_id=3494 project_image_fid=191993]

Both the one-bedroom apartments, which start&nbsp;from $565,000, and the two-beds, from $797,500, are eligible for stamp duty concessions.

<h2>Melbourne</h2>

Often crowning the top of the most liveable cities list, the Melbourne CBD is home to an array of&nbsp;culture, sport, fashion, art&nbsp;and cuisine.

Located in the heart, Federation Square&nbsp;is often a hive of activity,&nbsp;home to galleries, sites of cultural significance, restaurants and bars.&nbsp;The unusual and highly distinctive appearance of Federation Square, through the use of various metals and other materials,&nbsp;is also a main feature of the attraction.

Victoria is often referred to as the &lsquo;garden state&rsquo; and for good reason. The climate and geographical location of the state provide it with some of the most lush and beautiful parks and gardens, with The Royal Botanic Gardens being no exception.

One of Melbourne&#39;s most recently completed apartment&nbsp;towers is Queens Place, the $1 billion development by 3L Alliance.

[smartcode_project:default project_id=2806 project_image_fid=175415]

The $1 billion twin-tower development&nbsp;rises 70 levels, one&nbsp;of the Melbourne CBD&#39;s largest residential developments.

3L Alliance had two of Melbourne&#39;s most well known architecture practices,&nbsp;Fender Katsalidis&nbsp;and&nbsp;Cox Architecture, collaborate on the design.

[smartcode_project:default project_id=2806 project_image_fid=175429]

The Queen Street development has a five-level podium with a range of offerings&nbsp;such as a medical clinic, childcare facilities and professional suites.

Queens Place&nbsp;goes further than hotel-style amenity. While still offering a swimming pool and spa, the project also gives residents exclusive access to private dining rooms with a caterer&rsquo;s kitchen, a games room, private cinema, library, poker room, karaoke suite, and even a cigar bar.

Queens Place has sold out of one-bed apartments. Two-bedders start from $672,500, which are eligible for $0 stamp duty.

The stamp duty concessions expire June 30, 2022.

Click here to learn more about the&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://www.sro.vic.gov.au/land-transfer-duty-concession-or-exemption-city-melbourne-residential-property-transactions&amp;source=gmail&amp;ust=1649988012449000&amp;usg=AOvVaw10AX7zyrkQ49PkpvJDhr8w" href="https://www.sro.vic.gov.au/land-transfer-duty-concession-or-exemption-city-melbourne-residential-property-transactions" target="_blank">Land transfer duty concession or exemption for City of Melbourne residential property transactions&nbsp; | State Revenue Office (sro.vic.gov.au)</a>

The extensive vaccine rollout last year has put an end to rolling lockdowns, and Melburnians are heading back into a city that is thriving once again.

What it's like living in Melbourne's inner-city

OSK Property developed the precinct and won two Asia Pacific Property Awards <a href="/news/osk-property-s-double-win-for-melbourne-square-at-asia-pacific-property-awards">in 2020</a> for the best mixed-use development and the best residential high-rise architecture.&nbsp;

Melbourne Square will deliver 1054 premium apartments with seven unique floor plans, exceptional private amenities, lush rooftop gardens and an expansive 3,700sqm park featuring Australian native, exotic and sub-tropical plants. The precinct provides an abundance of lifestyle amenities, including bars, a childcare centre, a Hilton Hotel, restaurants, retail stores, and a two-level supermarket.

Melbourne Square&rsquo;s one-bedroom apartments are selling for $487,000, with residents to enjoy breathtaking views, exceptional architecture and interior design, some of the city&rsquo;s best amenities and the best of Melbourne&rsquo;s CBD and Southbank to explore. What more could you ask for?

<h2>A Look at the Design of Melbourne Square&rsquo;s Residences</h2>

Melbourne Square was architecturally designed by international award-winner Cox Architecture and was influenced by the cultural heritage, greenery and grandeur of the city. Sue Carr&rsquo;s team designed the interior of the residences and was inspired by the building&#39;s architectural form and its garden landscapes. Both designers collaborated to help create intelligent spacious apartments that showcase spectacular views of the city.&nbsp;

[smartcode_project:default project_id=2929 project_image_fid=139890]

As a part of the Life &amp; Style edition curated by Coco Republic, Melbourne Square apartments include four fresh and unique design themes including; The Bondi with coastal decor, The Manhattan with mature dark aesthetics, The Paris flaunting everlasting luxury and The Soho with an industrial chic theme.

All Kitchens feature an opulent marble block island with Kohler tapware and state-of-the-art Miele appliances creating a luxurious space to prepare meals and a secondary area to dine at. Bathrooms come with dual vanities equipped with modern tapware, generous spaces for storage, large mirrored cabinets and a semi-frameless shower.&nbsp;

All bedrooms feature floor-to-ceiling windows with homes positioned to enjoy natural light and the breathtaking views of the city, an integrated heating and cooling system, and spacious wardrobes. Master suites include automated block-out blinds that extend and retract with the flick of a switch. Plus, if you need the flexibility to work from home, custom-made study nooks are available and walk-in wardrobes will give you plenty of room to store all of your clothing items.

<a href="/buildings/melbourne-square-93-119-kavanagh-street-southbank"><img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_fill,w_629,h_420,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/project-renders/melbourne-square-93-119-kavanagh-street-southbank-9dd974c26116f96637977bf800cf6f84.jpg" style="width: 600px; height: 401px;" /></a>

Melbourne Square&rsquo;s penthouses known as &lsquo;The Couture Series&rsquo; feature luxurious residences with either 3 to 5 bedrooms and the unique opportunity to personalise its interior in collaboration with iconic firms including Carr Design, Cox Architects and HUB Furniture. Currently, new purchases of selected two and three bedroom apartments can secure you a Life &amp; Style package worth $30,000, which includes stunning Coco Republic furniture, integrated wellness technology by Delos that controls air and water quality and smart lighting, Samsung white goods and a voucher to The Plant Society.

<h2>What Amenities Does Melbourne Square Offer?</h2>

Melbourne Square has two levels entirely dedicated to relaxation, which are filled with luxurious resort-style amenities, these are level 54 also known as The Skye Club and level 8 known as The Podium. 

<a href="/buildings/melbourne-square-93-119-kavanagh-street-southbank"><img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch//https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/project-renders/melbourne-square-93-119-kavanagh-street-southbank-d34984a3517972c6ed4da85b10c14909.jpg" style="width: 600px; height: 366px;" /></a>

The Skye Club provides residents with a breathtaking panoramic outlook of the Melbourne city skyline and boasts a 25 metre indoor pool with a spa. The Skye Club also features a gym, a premium lounge bar, a series of private meeting and dining rooms with catering kitchens and a games room too. The Skye Club is exclusive and is only accessible to residents who live on the 54th level or above.

The Podium spreads across two full floors of both towers and is highlighted by a rooftop garden with a sub-tropical theme. The Podium offers a demonstration kitchen, a lounge bar and three private dining rooms that can be reserved. Residents will be entertained by the cinema and games room and will thoroughly enjoy the golfing simulator and the music room. To relax residents can enjoy an expansive outdoor pool equipped with sun lounges, a gym, two saunas, and yoga studio. The Podium provides a peaceful atmosphere that all residents can access and enjoy.&nbsp;&nbsp;

<a href="/buildings/melbourne-square-93-119-kavanagh-street-southbank"><img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch//https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/project-renders/melbourne-square-93-119-kavanagh-street-southbank-21e35fc6091b859162646eb4eb734f75.jpg" style="height: 286px; width: 600px;" /></a>

Melbourne Square also offers residents personal care options including a car service that can drive you anywhere in Melbourne, housekeeping available to take care of your laundry needs, a welcome desk with a concierge and private spaces can be reserved to host functions.

For families, the Nido Early School offers premium early childhood education for children aged 6 weeks to school age, ensuring parents that all children will be well taken care of.&nbsp;

The grounds of Melbourne Square offer recreation and regeneration and include a lush 3,700 square metre park where residents can have a picnic or relax in the shade. The grounds also feature a collection of pocket gardens, a tree-lined boulevard, water features and walkways.&nbsp;&nbsp;

<a href="/buildings/melbourne-square-93-119-kavanagh-street-southbank"><img alt="" src="https://melbournesquare.com.au/resources/images/vision/n4.jpg" style="height: 300px; width: 600px;" /></a>

<h2>Melbourne Square&rsquo;s Retail Offerings</h2>

Melbourne Square&rsquo;s collection of retailers were chosen to build on to the already impressive and established dining scene in Melbourne&rsquo;s CBD and surrounding Southbank area.&nbsp;

Melbourne Square accommodates Southbank&rsquo;s first major full-line supermarket and the first double-storey Woolworths&rsquo; in the state of Victoria. Whilst picking up the groceries at Woolies shoppers can also stock up their cellars at the BWS Bottle Shop.

<a href="/buildings/melbourne-square-93-119-kavanagh-street-southbank"><img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch//https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/project-renders/melbourne-square-93-119-kavanagh-street-southbank-8c242f8bffafa667d836cdcd906314d8.jpg" style="height: 400px; width: 600px;" /></a>

The Melbourne Square precinct incorporates a coffee shop named the Espresso Bar which overlooks Melbourne Squares park and serves premium baked goods and barista made coffee. The precinct also includes four unique and buzzing restaurants including; Pizza Pantelleria an Sicilian pizzeria, Theo&rsquo;s Fish Bar which serves tasty grilled and fried seafood options, The Golden Bunny by Tho Tho a Vietnamese restaurant and Waku Waku an authentic Japanese eatery.

<h2>Melbourne Square&rsquo;s Commercial Tower</h2>

Melbourne Square&rsquo;s commercial tower offers a lucrative entrepreneurial opportunity for commercial interests because of its unparalleled connection to the Melbourne CBD. The commercial tower has over 38,000 square metres of commercial space available over its 29 floors and features world class end-of-trip facilities in two of the levels. The incentives to establish and grow any business exists at Melbourne Square.&nbsp;

<h2>The Hilton Hotel&nbsp;</h2>

The renowned accommodation brand Hilton Hotels is also establishing a luxury 600-room hotel at Melbourne Square, offering conference and dining facilities, state of the art accommodation and wellness amenities.

<h2>Melbourne Square&rsquo;s Prime Location</h2>

Melbourne Square is situated in the fantastic inner-city suburb of Southbank and is centrally positioned to enjoy the very best of Melbourne living including; the bustling streets of the CBD, the shimmering waters of the Yarra River, the tranquil Royal Botanic Gardens and the waterfront playgrounds of Docklands and St Kilda Beach.&nbsp;

There is something for everyone to do and see in the beautiful inner-city suburb of Southbank. Art lovers can enjoy the world famous National Gallery of Victoria which is the oldest, biggest and most visited art museum in Australia as well as the Australian Centre for Contemporary Art which displays exhibitions from national and international artists. Performance art enthusiasts will be entertained by the internationally acclaimed Melbourne Recital Centre and Melbourne Arts Centre which is Australia&rsquo;s largest and busiest performing arts centre with more than 4,000 performances being hosted each year including The Australian Ballet, Opera and the Melbourne Symphony Orchestra.

<a href="/buildings/melbourne-square-93-119-kavanagh-street-southbank"><img alt="" src="https://melbournesquare.com.au/images/location/arts-3.jpg" style="width: 600px; height: 344px;" /></a>

Southbank is home to the largest casino complex in the Southern Hemisphere known as the Crown Melbourne, it includes the Crown Towers which is the go-to accommodation option for celebrities with Bill Gates, Beyonce and Jay Z, George Clooney and Elton John, all known to have stayed here. The Crown features a cinema, a spa, Kingpin bowling, Playtime arcade games, several bars and nightclubs, 29 restaurants, multiple luxury clothing stores, as well as hosting concerts and live theatre performances.&nbsp;&nbsp;

Also found in Southbank is The Eureka Tower, which is Australia&rsquo;s second tallest building at a height of 975ft which boasts the highest public vantage point for any building in the Southern Hemisphere.&nbsp;

For residents who are looking to further their career or teach those who are Southbank&rsquo;s notable institutions include the Victorian Institute for Forensic Medicine which is Australia&rsquo;s largest multidisciplinary centre for forensic services and the Victorian College of the Arts which offers educational opportunities in Dance, Film, Musical Theatre, Production, Television, Visual Art and Writing.

<h2>Melbourne Square&rsquo;s Construction Process&nbsp;</h2>

Stage One in the construction process of Melbourne Square was completed on May the 26th which included the bottle store and supermarket, the cafe and four restaurants, the childcare centre, the landscaping including the 3,745 square metre park and the east and west residential towers.

The remaining stages of construction are yet to be finalised later this year, with the fully completed site to be home to six towers including the commercial tower, the Hilton Hotel and two more residential towers.&nbsp;

If you are interested to learn more about the Melbourne Square precinct, you can visit its <a href="/buildings/melbourne-square-93-119-kavanagh-street-southbank">Urban property listing here</a>.&nbsp;&nbsp;

Located in the inner-city area of Southbank the newly completed Melbourne Square, spans an entire inner-city block and stands at a height of 226 metres.

Davis Gale

The ultimate guide to Melbourne Square: 93-119 Kavanagh Street, Southbank

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West Melbourne’s newest address combines spacious architecturally designed apartments with convenience and security.

Situated at 408 Spencer Street, Parkhill Apartments boasts 161 residents in one and two-bedroom configurations.

Already proving popular with city residents who value location and won’t compromise on style and design quality, Parkhill sets the standard for affordable apartments in Melbourne.

Just metres from the inner-city with CBD views, homebuyers can secure one-bedroom apartments in the block from just $479,000. Two-bedroom apartments start from $619,000, and up to $819,000 when featuring an extra bathroom and a parking space.

Urban takes a look at the top five selling points for buyers looking to secure a home in Parkhill. 
 

1. Save thousands if you buy now

[smartcode_project:default project_id=27406]

Owner-occupiers can save up to $72,000 if they buy before March 31.

Alongside huge stamp duty savings up to $42,000 and the final weeks of the $15,000 HomeBuilder Grant, the developer will offer an extra $15,000 to qualifying owner-occupiers,

Investors can also save, with stamp duty reductions up to $24,500. 
 

2. Delivered by multi-award-winning developer

Parkhill Apartments is developed by Australian developer, Central Equity, with over 80 completed Melbourne projects.

Central Equity has won the Housing Institute of Australia (HIA) Victoria’s ‘Apartment Project of the Year’ award six times over the last ten years, making them the HIA Victoria’s most awarded apartment developer. 
 

3. Top-quality design features

<a href="/buildings/parkhill-apartments-west-melbourne-408-spencer-street-west-melbourne"><img alt="" height="1331" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/parkhill-apartments-408-spencer-street-west-melbourne-fd9b2c881caccfc8ebe2917266392b4f.jpg" width="2000"></a>

Each apartment delivers high-quality features like Miele appliances and German tapware.

Other offerings include 2.7-metre high windows, private balconies and double-glazed full-height windows allowing for an abundance of natural light.

“We really want [residents] to enjoy all this space, so we provided plenty of storage options to keep your things tucked away” said Central Equity’s general manager of product design, Ian Carkeek.

The homes include plenty of hidden storage space, with built-in-robes and kitchen cabinetry, as well as a hideaway laundry in select residences. 
 

4. Great location

Parkhill is located in a compelling Melbourne CBD fringe location, only metres from the tranquil Flagstaff Gardens and other amenities.

Residents will have convenient access to shopping and dining offerings, universities, Melbourne’s employment hub and excellent public transport services. 
 

5. Countless amenities

<a href="/buildings/parkhill-apartments-west-melbourne-408-spencer-street-west-melbourne"><img alt="" height="1331" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/parkhill-apartments-408-spencer-street-west-melbourne-e949846ce0c9b496d328aea3b18e298c.jpg" width="2000"></a>

Designed to be the ideal place to work, live and play, Parkhill’s lifestyle offerings include a rooftop gymnasium with views of Melbourne’s skyline and a rooftop garden terrace.

The terrace provides a calming, landscaped setting to entertain family and friends, featuring dedicated seating areas, mature planting and barbeque facilities.

On the ground floor, a grand foyer and seven-day concierge help welcome you home.

Other features include two levels of secure basement parking, on-site video security, secured lift access and plenty of bicycle storage.
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Already proving popular with city residents who value location and won’t compromise on style and design quality, Parkhill sets the standard for West Melbourne apartments

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