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

Lidcombe

Sydney-based developer Billbergia are no strangers to create communities with a focus on urban living, with Rhodes Central, Marina Square, and Brisbane Skytower in their portfolio.

They've now taken to Lidcombe to create a connected community that serves not only as a sound investment but also as a budding place to call home, work, and live.

Lidcombe Rise offers residents a blend of greenery, views, and unparalleled convenience right in the heart of Sydney's vibrant entertainment and education hub.

[smartcode_project:default project_id=27232 project_image_fid=185476]

There's a mix of one, two and three-bedroom apartments on offer, designed by the renowned Plus Architecture to cater to a diverse range of buyers, with first home buyers to families and empty nesters taking up stock so far.

Abundant glazing allows natural light to flood in, while the open-plan layouts offer vistas of Lidcombe Rise's lush green gardens, the surrounding district, and the city beyond.

Expansive gardens and numerous rooftop terraces seamlessly integrate the landscapes into the buildings, while the buildings themselves feature curved architectural forms, which lend an organic aesthetic to the exterior.

[smartcode_project:default project_id=27232 project_image_fid=185473]

Convenience is a key aspect of Lidcombe Rise. Its location provides quick and easy access to Sydney, Parramatta, and Sydney Olympic Park.

Whether you want to explore the vibrant city or enjoy the tranquility of green spaces, public parks, village shops, and essential services, everything is conveniently situated just a short distance away.

[smartcode_project_cta:default project_id=27232]

Lidcombe Rise offers residents a blend of greenery, views, and unparalleled convenience right in the heart of Sydney's vibrant entertainment and education hub

alisonwarters@gmail.com

Billbergia continue community-driven urban living with The Lidcombe Rise

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With the Parramatta CBD set to undergo a major transformation over the next five years, the area is seeing unprecedented levels of private investment in property.

“Outlying suburbs such as Parramatta and Liverpool are developing into regional cities, and with improved infrastructure in the works, there is likelihood we will see significant population growth in these areas further from the CBD”, property expert Michael Yardney said.

But why invest? The Parramatta area is ideally located in a growth area, home to a broad range of industries and only a 30-minute train ride from the CBD.

According to Smart Property Investment, the area’s gross rental yield for units sits at 3.8 per cent, almost double the rental yield for houses in the area, which sits at 1.96 per cent.

The suburb will soon service residents with a new light rail between the CBD and Western Sydney airport.

Urban takes a look at five apartments within the council area, starting from $405,000.

1. The Retreat, Lidcombe 
Address: 11 Carter Street, Lidcombe NSW 2141 
One-bedroom apartments from $568,000

[smartcode_project:default project_id=25940]

Offering families a practical sense of home in the rapidly evolving lifestyle hub of Sydney Olympic Park, the 22-storey Retreat development delivers timeless design and functional layouts.

Delivered by Meriton, the curvaceous glass towers form powerful landmarks on the suburb’s skyline.

Among the resort-style, master-planned community’s multiple leisure facilities include an aquatic centre, tennis centre and adventure parks.

Close-by Parramatta CBD and a 20-minute train from the Sydney CBD, Aura provides enviable employment opportunities to its residents.

2. 180 George, Parramatta NSW 2150 
Address: 180 George Street, Parramatta NSW 
One-bedroom apartments from $502,000

[smartcode_project:default project_id=8590]

Another Meriton development, 180 George brings together beautifully curated residences with rich lifestyle amenity across two slender towers.

The 767-apartment development is designed by architect Woods Bagot and features communal open space, a sundrenched podium terrace and a barbeque area.

Rooftop podium gardens, encompassing a 1,200sqm area, a childcare centre and a major national supermarket chain are also included in the site.

The towers are estimated to reach completion in December 2021.

3. Riva, Parramatta 
Address: 30 Charles Street, Parramatta NSW 2150 
One-bedroom apartments from $405,000

[smartcode_project:default project_id=25842]

Situated on a premium riverfront location, Riva offers residents spectacular water views and plenty of natural light.

Riva forms part of the future 180 George mixed-use precinct and offers 146 studios, dual-key and oversized residences in one, two and three-bedroom configurations.

The development features high-quality LED lighting, frameless glass showers, contemporary marble-inspired feature walls and spacious floorplans.

4. Moseley, Carlingford 
Address: 17-21 Moseley Street, Carlingford NSW 2118 
One-bedroom apartments from $550,000

[smartcode_project:default project_id=25486]

Close-by Epping Station, the affordable Moseley project delivers 41 one, two and three-bedroom apartments that match the needs of families, downsizers and young professionals.

Developed by H&amp;T Group, the project boasts contemporary design, modern silhouettes, a gym, communal entertaining areas and an electric charging dock.

Each apartment features timber floorboards, reconstituted stone benchtops and Miele kitchen appliances.

It is located in close proximity to some of the best secondary schools in the country, such as James Ruse Agricultural College, Tara and The King's School.

5. The Galleria, Parramatta 
Address: 23-29 Hassall Street, Parramatta NSW 2150 
One-bedroom apartments from $589,000

[smartcode_project:default project_id=9190]

Nucorp’s Parramatta project, The Galleria, delivers 140 one and two-bedroom residences in Sydney’s second-largest CBD.

Designed by Architex, the Galleria puts you front-row and centre for the exceptional growth, gentrification and cultural change that Parramatta is currently experiencing.

Residents can enjoy a private podium garden or the Church Street dining scene, while onsite commercial spaces at ground level provide a variety of retail offerings.

All apartments come with basement security parking, secure storage spaces, quality SMEG appliances and designer bathrooms.
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With the Parramatta CBD set to undergo a major transformation over the next five years, the area is seeing unprecedented levels of private investment in property

max.kwok_55688

Five new apartments in Parramatta from $405,000

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The Retreat is Sydney’s most iconic resort-style master planned community centrally located in the corridor between Sydney CBD and Parramatta CBD, one of Australia’s fastest growing cities. A sculptural and significant green landmark next door to the rapidly evolving lifestyle hub of Sydney Olympic Park, a vibrant destination for cultural, entertainment, recreation and sporting events.

<figure><a href="/buildings/aura-1-carter-street-eastgardens-1-carter-street-lidcombe"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/aura-1-carter-street-lidcombe-03200c3e5ccb92ab233ef3f0968449ef_1.jpg?itok=HGscRUUa" style="width: 580px; height: 242px;"></a></figure>Meriton is renowned for its attention to detail, innovative design and finishes of the highest standard, with every Meriton residence built for a lifetime of comfort. Aura is no exception showcasing timeless design and functional layouts which deliver both enduring beauty and a practical sense of home. Aura offers the perfect space to relax and unwind at the end of a busy day. Clean lines, simplicity and a neutral, relaxing colour palette give the spaces a luxurious and inviting spa-like quality.

<figure><a href="/buildings/aura-1-carter-street-eastgardens-1-carter-street-lidcombe"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/aura-1-carter-street-lidcombe-0d22f693a42b7ae11787529cb18191c2_1.jpg?itok=94GxQecr" style="width: 580px; height: 242px;"></a></figure>Meriton’s vision was to create two seamless, curved towers, rising 22 levels, which capture the spectacular panoramas of the surrounding precinct over Bicentennial Park and Parramatta River, through to the Sydney CBD from wrap around floor-to-ceiling glass windows and semi-enclosed balconies. 
  
The curvaceous glass towers form powerful landmarks on Aura’s beautiful skyline. Inside, the luxury residences are meticulously designed to capture spectacular city and parkland views, offering optimal sunlight hours in the winter months. Ideal north-facing aspects mean you awake to morning sun streaming through your floor-to-ceiling windows.

<figure><a href="/buildings/aura-1-carter-street-eastgardens-1-carter-street-lidcombe"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/aura-1-carter-street-lidcombe-b8ffb4d0944951f1423b58916145977b_0.jpg?itok=oHtOJS7c" style="width: 580px; height: 242px;"></a></figure>The seamless, curved structure of the two glazed towers frame spectacular never to be built out panoramas of the surrounding precinct through to the Sydney CBD and over Bicentennial Park and Parramatta River.
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urban.com.au

Iconic glass towers light up the skyline in Lidcombe - Aura, the Retreat welcomes you home

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Meriton is renowned for its attention to detail, innovative design and finishes of the highest standard. Every Meriton residence is built for a lifetime of comfort. The Retreat is no exception. Timeless design and functional layouts deliver both enduring beauty and a practical sense of home. Outlooks are spectacular.

<figure><a href="/buildings/the-retreat-celeste-9-13-carter-street-lidcombe"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the-retreat-11-carter-street-lidcombe-9fdeecae7f73ce198501e25b9bf588a9.jpg?itok=p1tyLnlJ" style="width: 580px; height: 242px;"></a></figure>The Retreat is Sydney’s most iconic resort-style master planned community centrally located in the corridor between Sydney CBD and Parramatta CBD, one of Australia’s fastest growing cities. A sculptural and significant green landmark next door to the rapidly evolving lifestyle hub of Sydney Olympic Park, a vibrant destination for cultural, entertainment, recreation and sporting events.

Meriton’s vision was to create two seamless, curved towers, rising 22 levels, which capture the spectacular panoramas.

<figure><a href="/buildings/the-retreat-celeste-9-13-carter-street-lidcombe"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the-retreat-11-carter-street-lidcombe-a232dbc7dd698a6aaaca781989d0a631_0.jpg?itok=coOdErNF" style="width: 580px; height: 242px;"></a></figure>Neutral palettes and textures bring a timeless warmth to the bedrooms, drawing inspiration from the elements of nature. Conceived as a peaceful sanctuary, generous walk-in or built-in robes and plush carpeted floors ensure your comfort is paramount.

From your luxury residence, stroll to your Sydney Olympic Park neighbourhood, one of the liveliest and fastest growing precincts in the city. This is Sydney’s premier destination for major national and international events and entertainment. Visitors flock here from all over the world to enjoy live events at its numerous world-class stadiums and showgrounds. 

<figure><a href="/buildings/the-retreat-celeste-9-13-carter-street-lidcombe"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the-retreat-11-carter-street-lidcombe-211482958c6def9cdade2c14970effaf.jpg?itok=CjV3FUwQ" style="width: 580px; height: 242px;"></a></figure>Start the day with a jog through Sydney Olympic Parklands or cycle the picturesque trails that run for kilometres around your home. The globally renowned precinct’s multiple leisure facilities such as its first-rate aquatic centre, tennis centre and adventure parks, offer something for all the family.

<figure><a href="/buildings/the-retreat-celeste-9-13-carter-street-lidcombe"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the-retreat-11-carter-street-lidcombe-9aa0fbc92ed614cfcdd70d6c6320250e.jpg?itok=ZUqkbDQN" style="width: 580px; height: 242px;"></a></figure>
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Renowned for their attention to detail, Meriton delivers excellence in new apartment development

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A&amp;A Studios has signed a three-year lease for an 816 square metre industrial facility in Lidcombe, in Sydney’s west. 
The firm, which specialises in interior acoustics, moves into Unit 2, 10 Hill Road for a net rent of $180 per square metre. 
The building features a combines office space, with a warehouse and parking allocation.
It offers street frontage on Hill Road and is moments from the M4 Motorway and Great Western Highway. 
CBRE’s Janet Joljian and Raj Chaudhary managed the campaign for the vendor, OPG Pty Ltd. 
“A&amp;A Studios was drawn to the asset’s great street exposure, blend of corporate and warehouse space and the ability to receive early access for fit out,” Ms Joljian said.
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Lidcombe site leased to acoustic specialists A&A Studios

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A Lidcombe development site owned by Aysha Mehajer, of the infamous Mehajer family, sold at weekend yesterday for $1.635 million.
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The <a href="https://www.realestate.com.au/sold/property-house-nsw-lidcombe-129028246" target="_blank">property, containing two duplex shells</a>, was sold under instructions. The auction, which attracted almost a dozen buyer registrations, had been postponed a week after last minute legalities between the family and their financiers.
Totalling 10 bedrooms over four levels, complete with a rooftop terrace, the Mons Street site was transferred into Aysha’s name in 2014 by Mohammed, father of the jailed former Auburn deputy mayor Salim Mehajer (pictured).
It was last traded for $682,000 in 2011.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/9/11/mehajer2.jpg" alt="">
Aysha Mehajer has a longstanding caveat on the title, stating that she was entitled to the estate as the registered proprietor. There’s also a caveat from the excavation group.
While declining to comment, Devine Real Estate Strathfield agents Steven Devine and Daniel Maiese marketed the property as “must be sold”.
It was totally non-compliant, Devine advised, with orders to cease and a likely demolition of the two-level concrete shell that would cost $200,000.
Salim Mehajer’s former Lidcombe home, the opulent six bedroom mansion with 56 security cameras, is two minutes away.
This article was first published in the Sunday Telegraph.
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Mehajer family Lidcombe development site sells

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A heavily industrial pocket of Lidcombe may turn high rise residential if a planning application for 2 Hill Road is looked upon favourably.

Flush against the Western Motorway and surrounded by industrial estates, applicant HP Subsidiary Pty Ltd is hoping their $114 million bid for three residential buildings gains approval, after being submitted with Parramatta City Council during May. 2 Hill Road sits on the periphery of the Carter Street Precinct, a zone earmarked for urban regeneration under a <a href="https://www.planning.nsw.gov.au/plans-for-your-area/priority-growth-areas-and-precincts/carter-street">plan</a> backed by the NSW Government.

The application shapes as one of the first for the area which has yet to see development of any substance.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/image107_0.jpg" rel="gallery-all" title="Street level perspective. Planning image: integrated DESIGN group"><img alt="" class="image-article-full-width-580px" height="395" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image107_0.jpg?itok=fiwLG_Ug" title="Street level perspective. Planning image: integrated DESIGN group" width="580"></a>

<figcaption>Street level perspective. Planning image: integrated DESIGN group</figcaption></figure>Architecture practice integrated DESIGN group has taken on design duties for the project which consists of 302 apartments. The split sees 126 single bedroom, 159 dual bedroom and 17 triple bedroom apartments across three separate buildings.

The apartments will be supported by 379 car parking bays across 5 basement levels. The tallest building within the application spans 16 levels or 53 metres, marginally taller than an adjoining 15 level tower, whilst a more modest 6 level structure rounds out the built form.

The smallest building will feature a rooftop terrace shrouded in a lattice-like structure with a sight line over Haslams Creek.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/image110_2.jpg" rel="gallery-all" title="Haslams Creek perspective. Planning image: integrated DESIGN group"><img alt="" class="image-article-full-width-580px" height="338" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image110_2.jpg?itok=Lnhus4VE" title="Haslams Creek perspective. Planning image: integrated DESIGN group" width="580"></a>

<figcaption>Haslams Creek perspective. Planning image: integrated DESIGN group</figcaption></figure>The 14,724 square metre triangular currently serves as an open air storage yard. Approximately half the site is dedicated toward open space, with landscape architect SiteDesign + Studios taking on design responsibilities for the ground plane.

In their report on the project, they highlight the opportunity presented by the sprawling site:

<blockquote>
The landscape design for the proposed residential development will provide an extensive area of usable landscaped open space with direct access to the public domain and the proposed Share Way, east of the existing stormwater channel.

The design includes important linkages to the pedestrian and cycle networks proposed under the Carter Street Precinct DCP and suggests ways in which high quality public spaces could be enhanced e.g. a future bicycle bridge opposite the proposed central pedestrian spine could be provided by others to enable a direct link to Newington and the Parramatta foreshore beyond.

The design includes displays of Public Art Work using local community artists and water features which extend the axii of the resident lobbies into the public domain, visually connecting with Haslams Creek or other key points in the public domain.
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Having only been submitted last month, the City Significant Development is some time off a final decision.
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silvermb

Lidcombe's Carter Street Precinct receives a considerable residential application

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The continuing strength of the apartment development market together with the desire to relocate their offices into the CBD of Sydney has encouraged the CFMEU to list its head office in Lidcombe for sale.
The 6-8 &amp; 10-12 Railway Street offering consists of over 6,000sqm of land.
The vendor will occupy the offices, on a flexible lease arrangement, for up to two years allowing the purchaser time to secure a development approval.
It could exceed 30,000sqm of GFA under the B4 mixed use zoning.
Jon Chomley and Guillaume Volz of Colliers International and John Surian of Raine &amp; Horne Commercial Parramatta have been appointed by the Union as exclusive agents for the marketing and sales process.
The site is only two minutes’ walk from the Lidcombe railway Station, which provides direct access to the Sydney CBD to the east, Parramatta to the West and Liverpool to the south west.
The Lidcombe CBD is opposite the train station and provides a mix of retail amenities including a wide variety of restaurants and cafes.
The site is also close to excellent school facilities, hospitals and a multitude of golf courses, providing extensive amenity for occupiers.
According to Jon Chomley, National Director, Capital Markets at Colliers International it was "an outstanding site within the undersupplied Lidcombe market."
Guillaume Volz, National Director, Development Sites Residential at Colliers International, believes that there will be strong interest in the site from local developers that understand the metrics of the Lidcombe market.
“Lidcombe has had limited development of apartments over the last five years so the market is keen for more opportunities, particularly where there is some level of holding income on the site” he said.
Offers close March 9.
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