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

Joel Robinson

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

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

Sammut secures approval for debut Brisbane apartment development in Toowong

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

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

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

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

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

WM Residences fills gap in Mordialloc townhouse market

Keylin

The South East Queensland developer, Keylin Group, has acquired a prime 5,385 sqm Indooroopilly aggregation for $18.6 million.

The sites, at 11 Riverview Terrace and 12 Foxton Street, as well as 30, 40 and 44 Station Road, are located seven&nbsp;kilometres west of Brisbane&rsquo;s CBD.

KeylinTM Managing Director, Louis Cheung, said the aggregation&rsquo;s location is 80m to Indooroopilly Shopping Centre, 170m to Indooroopilly train station, 3.9km to the University of Queensland as well as access to three major arterial roads made it one of the most significant development opportunities in Brisbane&rsquo;s inner city.

&ldquo;An amalgamation of this quality is very special and incredibly rare,&rdquo; Cheung said.

&ldquo;The size and location of the site allows the development of an integrated mixed-use project, incorporating residential with world-class rooftop amenity to enjoy the river views to the south, commercial office accommodation, and ground floor dining.

<img alt="" height="1131" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/indooropilly_amalgamation_2.jpg" width="800" />

&ldquo;A portion of residences will be dedicated to Build to Rent, recognising the strong demand for quality rental accommodation close key transport nodes, Indooroopilly Shopping Centre and leading state and private schools.

&ldquo;By acquiring the aggregation in one-line we can achieve a far enhanced outcome that focuses on integrating leading architecture, extensive landscaping, and complementary uses.

&ldquo;We are excited about the opportunity to create a community within the heart of Indooroopilly, a suburb which offers excellent education, retail and transport amenities.&rdquo;

The aggregation is zoned Mixed Use and Medium Density Residential.

Keylin&rsquo;s current development portfolio includes the $140 million ORIA Spring Hill residential high-rise on Gregory Terrace; the Serenity 4212 master planned community in Helensvale; and the Coomera Town Centre South precinct, which is currently in the planning phase and will be delivered in stages in a joint venture with Kinstone Group.

“An amalgamation of this quality is very special and incredibly rare,” Cheung said

Keylin secure prime Indooroopilly development site 

The Brisbane-based Keylin has sold-out both of its Hope Island townhouse developments.

Their biggest project was the Park Cove master-planned community which comprised 80 villas, 31 parkside terraces and 16 waterfront homes.

Keylin, led by director Louis Cheung, launched the first of the first stage development at 27-31 Sickle Avenue in 2016.

Buyers swooped on the fifth and final stage, with Cheung saying that it represented&nbsp;the last chance to purchase undeveloped land within the luxury project.

&ldquo;The development of Park Cove has allowed buyers to construct their own property in a prized, gated community with exceptional amenities and access to surrounding entertainment and it is located in an area that&rsquo;s in exceptionally high demand,&rdquo; Cheung said.

<img alt="" height="668" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/park_cove-aerial.jpg" width="1200" />

Tony Ashwin, Director of Ashwin Property who&nbsp;marketed&nbsp;the project, said the high demand surrounding Park Cove&rsquo;s final instalment has been a success.

&ldquo;With limited opportunity remaining for buyers on the Gold Coast to secure land in the area, Park Cove has exceeded our expectations for how well each stage was received by buyers,&rdquo; said Mr Ashwin.

Part of the master-planned community, which neighbours over three hectares of parkland,&nbsp;is an&nbsp;outdoor leisure and entertainment area with picnic, pool and barbecue facilities.

Keylin also recently secured the sell out of the $30 million developer Palladium, a&nbsp;collection of 39 villas.

The exclusively waterfront homes, which saw a surging demand from downsizers and&nbsp;those seeking low maintenance, waterfront lifestyles.

<img alt="" height="828" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/palladium_marina_1.jpg" width="1200" />

The architecturally-designed three and four bedrooms villas each have&nbsp;two bathrooms and a powder room, and large windows and stacking doors&nbsp;which take full advantage of waterfront and golf course views. 
 
&ldquo;We saw incredible response to the Palladium villas from the moment they hit the market. Our homes ticked all the right boxes for owner-occupiers seeking that luxury standard, waterfront lifestyle that connects them to a sense of community,&rdquo; Cheung said. 
 
All 39 villas will have access to a waterfront boardwalk which connects to nearby cafes, restaurants and shops at the Hope Island Marina Shopping Centre. Construction has begun on Palladium&#39;s first stage.

Their biggest project was the Park Cove master-planned community which comprised 80 villas, 31 parkside terraces and 16 waterfront homes

Keylin sell-out two Hope Island townhouse developments The Cove and Palladium

Soaring demand in all coastal Queensland markets is seeing developers fast-track their projects in an attempt to meet the continued demand from inter and outer state buyers.

The latest project to be fast tracked is in the $650 million townhouse development Serenity 4212, one of the largest waterfront projects currently underway on the Gold Coast.

The joint Helensvale venture between Keylin and Kinstone Group, adjacent to Hope Island,&nbsp;will see the third stage&nbsp;of Serenity Reserve brought forward after the sell outs of stage one and two, Serenity Waters and Serenity Green.

Serenity Reserve will comprise 83 townhomes each with four bedrooms and two bathrooms. Designed by architectural firm DBI in conjunction with Modulus Architecture, prices for the townhomes&nbsp;will start from $548,000.

Serenity Reserve residences will sit next to&nbsp;a dedicated natural reserve community park, part of 27 hectares being gifted by Keylin to the city council.

<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_reserve_1.jpg" width="1200" /></a>

The wider Serenity 4212 development&nbsp;is being created&nbsp;around Lake Serenity along the shores of Saltwater Creek.&nbsp;

&ldquo;The latest release is aimed at buyers looking to capitalise on existing government grants, including the state government first-home owner&rsquo;s grant,&rdquo; said Keylin&nbsp;director Louis Cheung.

<a href="/buildings/serenity-green-8-ben-dalley-drive-helensvale-road"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/serenity_3.jpg" width="1600" /></a>

&ldquo;Most of our buyers have been owner-occupiers, with many of them locals who are looking for the lifestyle and convenience of one of the best waterfront precincts on the Gold Coast.&rdquo;

Keylin fielded more than 3400 inquiries for the Serenity Waters release alone.

Developments are being fast-tracked all across the Gold Coast with developers inundated with enquiries.

Miles Residences, the luxury redevelopment of the Kirra Beach Hotel by KTQ Group, has been <a href="/news/qld/miles-residences-at-kirra-beach-now-80-sold-as-fast-tracked-construction-begins">fast-tracked after selling over 80 per cent of its stock</a>.

Ditto Cabana at Palm Beach, which saw&nbsp;23 of its 34 apartments <a href="/news/qld/which-gold-coast-apartment-developments-are-being-fast-tracked-due-to-strong-sales">sell within two weeks of its launch</a>.

&nbsp;

Serenity Reserve residences will sit next to a dedicated natural reserve community park, part of 27 hectares being gifted by Keylin to the city council.

Keylin and Kinstone fast-track Gold Coast townhouse project Serenity 4212

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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.



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