National diversified developer Fortis has officially launched Crest &amp; Walker, its latest Brisbane apartment development, with construction now underway on the 20-storey Newstead project.

Award-winning builder BINAH has commenced construction on the Bureau^Proberts-designed building, which will deliver a limited collection of 65 two and three-bedroom apartments on Kyabra Street.

[smartcode_project:default project_id=145922 project_image_fid=373556]

The project marks Fortis' fourth active residential development in Brisbane, following River House, which is nearing completion, alongside projects in New Farm and Hamilton as the national developer continues to expand its South East Queensland pipeline.

Fortis General Manager – Development Queensland Dan Boman said Crest &amp; Walker reflects the developer's long-term commitment to delivering design-led residential projects in Brisbane's established inner-city suburbs.

"We're proud to be strengthening our presence in Brisbane with Crest &amp; Walker, particularly in such a sought-after lifestyle destination as Newstead," Boman said.

"Every Fortis project is shaped by its context, and we approach each one with the respect and care it deserves.

"Our focus is always on creating places that feel connected to their neighbourhood and elevate the everyday experience for residents. Newstead continues to evolve as one of Brisbane's most sought-after urban communities, and Crest &amp; Walker reflects our ambition to contribute meaningfully to that story."

[smartcode_project:default project_id=145922 project_image_fid=373559]

Positioned between Gasworks Plaza and James Street, <a href="https://www.apartments.com.au/new-apartments/crest-walker-newstead-12-kyabra-street-newstead-qld-4006">Crest &amp; Walker</a> has been designed as a boutique residential address offering privacy and generous living spaces within one of Brisbane's most established lifestyle precincts.

The building features a contemporary brick podium softened by integrated landscaping, while the upper levels are characterised by restrained architecture and enduring materiality. Interiors have been designed to maximise natural light, acoustic performance and long-term liveability.

[smartcode_project:default project_id=145922 project_image_fid=373583]

Residences comprise spacious two and three-bedroom floorplans, with two-bedroom apartments priced from $1.55 million and three-bedroom, half-floor residences from $3.95 million.

Residents will have access to a wellness-focused rooftop featuring a swimming pool, sauna, steam room, landscaped dining spaces and outdoor lounge areas overlooking Newstead and the Brisbane CBD.

[smartcode_project:default project_id=145922 project_image_fid=373571]

Sales are being managed by Slaite Projects, with Fortis expecting strong demand from owner-occupiers seeking a high-quality, design-focused apartment in one of Brisbane's most tightly held inner-city suburbs.

Completion of Crest &amp; Walker is slated for late 2028.

[smartcode_project_cta:default project_id=145922]

Joel Robinson

Fortis expands Brisbane pipeline with launch of Crest & Walker in Newstead

The enormity of delivering a true skyscraper in Australia's new development market is often overlooked.

It has taken the best part of a decade since plans for Chevron One were first unveiled, but the 52-storey tower is now complete, with residents collecting their keys and moving into what has become one of the Gold Coast's most recognisable new landmarks.

Rising 127 metres above Chevron Island, Chevron One stands almost twice as high as any other building on the island. Its scale places it alongside the trio of towers at Jewel, arguably the last truly significant addition to the central Gold Coast skyline when they were completed around six years ago.

While there are several developments underway around a similar height to Chevron One, they are more concentrated within clusters of the highest towers in the city. The fact Chevron One sits within a developing precinct, looking back at the other high-rise developments in Surfers Paradise and Broadbeach, makes it a different proposition altogether. It will certainly become a reference point on the Gold Coast skyline.

[smartcode_project:default project_id=6515 project_image_fid=68833]

Developer Bensons Property Group is behind the 52-storey tower, which has just shy of 250 apartments, along with an exhaustive list of resident amenity spread across what is the largest development site ever assembled on Chevron Island.

The tower has been the talk of the town for years, says Ray White Projects Gold Coast agent Caitlin Rosenboom, who is selling the remaining apartments.

"People have been watching Chevron One go up for years," Rosenboom says, adding that many prospective buyers have been surprised by the scale of the views once they step inside.

"It's only when they walk through a completed apartment that they truly understand the position of the building," Rosenboom says.

"The views are jaw-dropping. Whether you're looking east over the ocean, across Surfers Paradise, along the river systems or out to the hinterland, every level offers something different but equally impressive."

[smartcode_project:default project_id=6515 project_image_fid=360215]

One of Chevron One's defining advantages is its location on the eastern side of Chevron Island on Stanhill Drive, a position which protects the views forever.

"There's only one row of houses between Chevron One and the water, and the height restrictions along the river means views from Chevron One can never be built out,"&nbsp;Rosenboom says.

While new apartment developments continue to emerge across the Gold Coast, Rosenboom says opportunities to secure a completed apartment with this level of outlook are becoming increasingly rare.

"The size of the site is something that would be incredibly difficult to replicate today," she says.

"That's allowed Chevron One to deliver the sort of amenity, open space and resident facilities that very few projects can offer. There are not many completed apartment buildings on the Gold Coast right now that can compete with the combination of scale, quality and amenity."

[smartcode_project:default project_id=6515 project_image_fid=68839]

There's around 2,000 sqm of amenity solely for the use of residents of Chevron One. Club One features a uniquely shaped swimming pool that mirrors the footprint of the building itself, set within a extensively landscaped gardens. There's also an indoor pool and spa, a fully equipped gym with a Pilates room, a yoga garden, a bookable private dining area and lounge that can host up to 30 people, and a 24-hour concierge service.

As for the buyers, Rosenboom is fielding enquiry from everywhere: Sydneysiders and Melburnians looking at the new and off-the-plan market following the changes in the Federal Budget, as well as those looking to relocate, through to South East Queenslanders seeking either a permanent home or a weekender bolthole.

"The Gold Coast lifestyle continues to resonate with people relocating from the southern states, and when they see the views and the quality of what's been delivered at Chevron One, it becomes very easy for them to understand the appeal," Rosenboom says.

A diverse mix of one, two and three-bedroom apartments remain available, with each offering "something a little different", be it the orientation and views, configuration, or level, to suit a wide variety of buyers.

The remaining apartments are ready to inspect in person, by appointment.

[smartcode_project_cta:default project_id=6515]

A decade in the making: Residents to move into Chevron One as construction wraps up

A general rule of thumb in new apartment developments is that the penthouses get the rooftop.

It's a formula that's become commonplace across Australia's apartment market. Residents might have access to a pool, gym or barbecue facilities on a dedicated lower level, but the most desirable outdoor spaces are typically reserved for the highest-priced homes at the top of the building.

<a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Property Group</a> has taken the opposite approach.

Rather than dedicating the rooftop to a handful of buyers, the Gold Coast developer has made it the centrepiece of its Flourish collection, creating expansive shared spaces from the best vantage point in the building.

The philosophy has reached its most ambitious expression at <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> in Palm Beach, where two rooftop precincts connected by a skybridge will deliver one of the most extensive lifestyle offerings seen in a residential apartment project on the Gold Coast.

[smartcode_project:default project_id=150017 project_image_fid=374053]

"We're seeing a clear move toward developments that offer more than just an apartment," Sherpa Group founder Christie Leet said.

"People want spaces that support how they actually live, whether that's working from home, staying active, or spending time with family and friends.

"That's where amenity becomes critical. It's not just about what's included, but how those spaces are designed to be used every day."

[smartcode_project:default project_id=150017 project_image_fid=374052]

The breadth of amenity has already attracted buyers across multiple demographics. Younger first home buyers have been drawn to Soleira's one-bedroom apartments, a product rarely delivered in Palm Beach, while families have responded to practical inclusions such as the shallow children's pool adjoining the main lap pool and the extensive communal recreation areas.

Instead of a single rooftop, Soleira delivers two distinct lifestyle zones.

[smartcode_project:default project_id=150017 project_image_fid=372547]

The southern rooftop has been dedicated to wellness, featuring a gym, yoga and Pilates studio, work-from-home facilities, a wellness centre, spa, and hot and cold plunge pools.

The northern rooftop focuses on recreation and entertaining, incorporating a heated resort-style pool, private dining rooms, pizza ovens, barbecues, a golf simulator, children's recreation areas, and what is expected to be the Gold Coast's first rooftop basketball court, which will also double as a squash court.

[smartcode_project:default project_id=150017 project_image_fid=374054]

Beyond the rooftops, Soleira will introduce 1,500 sqm of curated retail beneath the towers, creating one of Palm Beach's first genuinely mixed-use lifestyle precincts where cafés, restaurants and convenience retail become part of residents' everyday lives.

Sherpa has also retained management rights across the development, allowing it to oversee the long-term operation of the building through a 24-hour concierge model. The developer is also exploring additional revenue streams within the precinct aimed at helping offset ongoing body corporate costs for residents.

[smartcode_project:default project_id=150017 project_image_fid=370962]

While Soleira is the largest project Sherpa has delivered, the rooftop-first philosophy has been evolving for several years.

It began with <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>, the first project released under the Flourish brand. Rather than competing at the ultra-luxury end of the market with oversized half-floor and full-floor residences, Sherpa focused on creating lifestyle-driven apartments supported by resort-style shared spaces.

Amargo introduced more than 800 sqm of rooftop amenity, combining wellness facilities, heated pools, entertaining areas, cabanas, pizza ovens and private dining spaces into what was designed as an extension of residents' homes rather than a facility used only occasionally.

[smartcode_project:default project_id=146527 project_image_fid=366550]

That approach continued with Flourish Oasis, where the same amenity-led philosophy was refined into a more boutique development. Strong demand from Sherpa's growing VIP database saw much of the project sold before it reached the broader market, reinforcing buyer appetite for apartment communities centred around shared lifestyle experiences.

Flourish Amargo is slated for completion mid-way-through next year, with Oasis to be delivered by late 2027. Flourish Soleira is expected to complete in 2030.

[smartcode_project_cta:default project_id=150017]

Sherpa takes amenity to the sky as Flourish Soleira captures booming Palm Beach demand

As apartment living continues to evolve across Sydney's growth corridors, the quality and distribution of shared spaces is increasingly shaping how residents experience home. Rather than functioning as add-ons, amenities are being embedded into the daily rhythm of a building, supporting everything from quiet retreat to social interaction, often within a single vertical community.

At <a href="https://www.apartments.com.au/new-apartments/aeris-melrose-park-nursery-street-melrose-park-nsw-2114">Aeris</a> in Melrose Park, this approach is resolved through a layered amenity offering that unfolds from ground level through to its upper podium. Developed by <a href="https://www.apartments.com.au/developers/sekisui-house-australia">Sekisui House Australia</a> in partnership with Hankyu Hanshin Properties, the project introduces 468 apartments across two towers and a mid-rise building, positioned at the highest point of the broader masterplan.

[smartcode_project:default project_id=426 project_image_fid=359199]

The amenity experience begins at street level, where two courtyards sit within a landscaped setting that connects residents to the wider network of parks and green spaces. These green spaces are not isolated pockets but part of a wider pedestrian network that links Aeris to the surrounding <a href="https://www.apartments.com.au/developments/melrose-park-nsw-2114">Melrose Park</a> precinct, including Central Park, future schools, and the Town Centre opening in July 2026. The result is a transition that moves from public to private without abrupt boundaries, allowing residents to pass through shaded, tree-lined environments before reaching the building itself.

Moving upward, the focus shifts to the level five podium, where the primary communal facilities are concentrated. This space brings together a 16-metre swimming pool, outdoor seating areas, and a communal BBQ zone arranged to take advantage of elevated outlooks. Seating is positioned beneath pergolas, creating pockets of shade that extend the usability of the space throughout the day. The pool edge aligns with views toward the wider district, reinforcing the sense of elevation that defines the project’s positioning.

In the adjacent building, this is complemented by quieter, more contemplative spaces, including an outdoor cinema set within the same level. Positioned to operate primarily in the evening, it introduces a different tempo to the shared environment, shifting from daytime activity to after-hours use without requiring separate zones.

[smartcode_project:default project_id=426 project_image_fid=360299]

The podium also accommodates an intimate private resident gym. Located on the lower levels, it gives residents convenient access to fitness facilities without leaving the building.

Above, the elevated podium sky deck extends the amenity offering, providing additional open-air spaces with elevated outlooks across the surrounding landscape. While more restrained in program, this upper level reinforces the project’s vertical progression, from ground-level greenery to elevated outlook, allowing residents to move between distinct spatial conditions within a single address.

This distribution of amenities reflects a deliberate response to how residents use space across the day. Sekisui House Australia Sales and Marketing Director Peter Kalaf points to the role these shared areas play in shaping buyer demand. Aeris has been conceived as more than a collection of apartments, with the podium pool, gym and outdoor cinema forming part of a broader lifestyle offering that extends the home beyond each individual residence.

[smartcode_project:default project_id=426 project_image_fid=360300]

What distinguishes Aeris is not the inclusion of these elements individually, but how they are arranged in relation to one another. Active, social, and passive spaces are layered vertically rather than separated, allowing residents to choose between them without leaving the building or moving far from their apartment. This proximity supports both routine use, such as a morning swim or evening workout, and more occasional gatherings, whether around the BBQ area or within the cinema setting.

The amenity design also sits within a broader framework of connectivity across Melrose Park. The Melrose Park Town Centre, anchored by Coles and Dan Murphys, features a mix of retail, dining, health and lifestyle offerings, bringing everyday convenience closer to residents. By the end of the year, more than five hectares of parks and open space, equivalent to around seven football fields of green space on residents' doorstep, will further enhance the precinct, allowing the internal facilities at Aeris to operate as an extension of the wider neighbourhood rather than a substitute for it.

Construction at Aeris continues to gather momentum, with ground floor slabs expected to be completed in late 2026 before the first sections of the buildings begin to rise above ground.

[smartcode_project_cta:default project_id=426]

Elevated amenity anchors daily life at Aeris, Melrose Park

Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/FH_1EzB-1vs?si=XScVlP1ERsTDJoME" title="YouTube video player" width="560"></iframe>

"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

[smartcode_project:default project_id=135096 project_image_fid=356818]

After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

[smartcode_project:default project_id=135096 project_image_fid=356828]

Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/tsioMLcnjas?si=zq-ys3JuWpfa5hFv" title="YouTube video player" width="560"></iframe>

The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

[smartcode_project:default project_id=135096 project_image_fid=356829]

Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

[smartcode_project:default project_id=135096 project_image_fid=351104]

Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

[smartcode_project:default project_id=135096 project_image_fid=356822]

ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

[smartcode_project:default project_id=135096 project_image_fid=356826]

For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

[smartcode_project:default project_id=135096 project_image_fid=351102]

Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

From ONE to ERA: Why buyers are choosing GWH again in Newcastle West

Liverpool

<html><body>
The redevelopment of western Sydney's The Paper Mill by Coronation Property will see the heritage-listed mill building in Liverpool repurposed as an open plan dining venue.
Joe Nahas, Managing Director of Coronation Property said retailers, overseen by a single operator, can be envisaged as traditional ‘stalls’ which include an artisanal bakery and cafe, a rotisserie, woodfired pizza kitchen, inhouse brewery, private dining and kids play area.
“This space, complete with dessert carts and open fireplaces, will be Liverpool’s destination dining spot – a modern-day bistro that reflects the values of slow living: cultivating community, simplifying our lives and reclaiming time for what matters most,” he said.
“The retail precinct at The Paper Mill will be a vibrant community zone, comprising approximately 1,400 square metres of premium retail space in a contemporary open-plan setting with exposed ceilings and concrete flooring.
“Ultimately, we’d like to emulate the buzzing retail and food culture that areas such as Balmain, Newtown or Surry Hills provide.
The mill building is expected to open by the end of 2017. 
The regeneration of The Paper Mill precinct includes the construction of 882 apartments on the site, across four contemporary buildings – The Paper Mill, The Bindery, The Gild and The Foundry.
Mr Nahas says The Paper Mill will be a significant drawcard for residents of both Liverpool and wider Sydney. 
“The Paper Mill will connect the indoor and outdoor lifestyle that people love, and once it is fully occupied, the precinct will be home to around 3,000 people who will enjoy the amenity on offer, in addition to Liverpool locals and visitors from other parts of Sydney," he said.
“Liverpool already ticks a lot of boxes for infrastructure, and there’s more on the way, with the region set to benefit from $7 billion in infrastructure investment over the coming decade.
“This is why Liverpool is fast shaping up to be one of the most desirable locations for young buyers to live in Sydney.”
The site’s industrial history began in 1864, when The Australian Paper Company purchased 17 acres of the Collingwood estate in Liverpool.
 For more information, <a href="https://liveatthepapermill.com.au" target="_blank">click here</a>.  
</body></html>

jonathanchancellor-7SQnKwU6yx

Open plan dining venue slated for Sydney's heritage mill building

<html><body>
The Liverpool and Fairfield unit market have a healthy level of demand, according to Herron Todd White’s latest July report.
The property data firm says that units below $500,000 is available in those two areas.
“This time last year we mentioned the diminishing opportunities to enter the south-west property market within the sub $500,000 price point.
“That trend has certainly continued in this market segment and that price point is now ultimately reserved to units or vacant land within new subdivisions further from the central hubs of Liverpool and Fairfield.
“The Liverpool and Fairfield home unit market still offers plenty of stock available for under $500,000, although this is limited to older style, 1960s and 1970s low rise walk-up developments or new 1-bedroom units within modern or new high density developments.
“A one bedroom unit at <a href="https://www.realestate.com.au/property-unit-nsw-warwick+farm-125309042" target="_blank">9/5 Drummond Street</a>, Warwick Farm (above) has been listed for $329,000.
“Similarly a one bedroom unit at <a href="https://www.realestate.com.au/property-apartment-nsw-liverpool-125088022" target="_blank">73/12-18 Bathurst Street</a>, Liverpool (below) has been listed for $410,000.
<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/2017/07/03/73_12-18%20Bathurst%20Street.jpg" alt="">
“There are newer style 2000s built 2-bedroom units available under $500,000 however these are mostly second tier high density developments and no longer benefit from the brand new condition which appeals to investors and tenants alike,” the report stated.
However opportunities to enter the sub $500,000 market are impossible due to land values Herron Todd White advises.
“Opportunities to enter the dwelling sub $500,000 market within these locations is basically non- existent given that land value generally exceeds this price point.
“This market benefits from higher than average rental yields which can be appealing to investors, however this is usually a trade-off with weaker capital growth compared to coastal regions such as St George and Sutherland Shire LGAs south of Sydney or locations closer to the Sydney CBD,” the report advised.
Units in Liverpool and Fairfield have a stable demand Herron Todd White comments.
“Liverpool and Fairfield unit markets are currently steady with a healthy level of demand.
“This demand is likely to continue into the future given that these locations are the central hub of the south-west region and are easily accessible via motorways and public transport and within close proximity of the future Western Sydney Airport at Badgerys Creek,” the report commented.
Herron Todd White warns, however, that the unit market is likely to face downward pressure in values due to increasing supply and market conditions.
“As with many regions of Sydney, the unit market is likely to face some downward pressure on values in the near future due to the increasing supply of similar stock and general market conditions, particularly given that this market is heavily investor driven.
“Apart from home units, the other residential asset type sub $500,000 is vacant land located within new suburbs of the South West Priority Growth Area.
“This includes new suburbs such as Edmondson Park on the fringe of Liverpool LGA and further out such as Harrington Park within Camden LGA. Land values are continuing to rise in these suburbs with many lots now in the $400,000 to $500,000 range (or higher) and are generally 300 to 500 square metres.
“Once a parcel is secured, a buyer would then be looking at approximately $300,000 or more to build a family home.
“Such locations are more than 60 kilometres from the Sydney CBD, however are likely to benefit from the growth of the Parramatta and Liverpool regions and the future airport at Badgerys Creek," the report warned.
</body></html>

j.ballantyne1990-6AQqhLzZaK

Liverpool and Fairfield unit market sees healthy demand: HTW

<html><body>
The changing landscape of Liverpool is perfect for residential investors, according to Savills’ latest report.
“Despite strong price growth over the past decade, Liverpool remains a relatively affordable location to buy residential property in comparison to the rest of Sydney.
“The average price in the suburb of Liverpool in December 2016 was $777,000 for a house and $412,000 for a unit.
“This is in line with the average across the wider Liverpool/ Fairfield area but offers a substantial discount of 27 percent and 42 percent respectively when compared to the Sydney average.
“Over the past ten years, house and unit prices in Liverpool have increased significantly with values rising by 137 percent and 122 percent respectively, outperforming the Sydney average.
“Over the past year, the rate of annual growth has slowed to 4 percent for units and 7 percent for houses, reflecting a more subdued housing market seen across Sydney,” the report stated.
Investors in Liverpool focus more on income return rather than price growth Savills comments.
“Since the slowdown in capital value growth across Sydney, an increasing number of investors are placing more emphasis on income return rather than relying only on price growth.
“In Liverpool, the median weekly rent is $480 for houses and $390 for units, resulting in average yields of 3.2 percent and 4.9 percent respectively.
“These are higher than the Sydney average, particularly for units where the median yield across the city is 4.1 percent, and as such, Liverpool is attracting an increasing number of investors.
“The supply of units in Liverpool nearly doubled in 2013 compared to the previous four years as a number of large-scale developments came to the market.
“These units have been absorbed and the number of unit sales has fallen to back in line with the long-term average.
“This has had a positive impact on the vacancy rate across the city of Liverpool, which has been falling over the past six months from 2.2 percent in January 2016 to 1.5 percent in January 2017,” the report advised.
The number of new residents coming to Liverpool has outperformed the Sydney average Savills head of research Sophie Chick reports.
“Over the past 10 years, population growth across the City of Liverpool has outperformed the Sydney average, increasing by 26.0 percent compared to 16.6 percent.
“This has significantly added to the demand for real estate in the area, equating to nearly 4,500 new residents per year.
“Families with children make up a higher proportion of the population in Liverpool than across Sydney, accounting for 60.9 percent of residents compared to an average of 47.0 percent.
“This drives strong demand for housing suitable for children with outside space.
“International buyers are an important source of demand for the housing market across Sydney as both owner- occupiers and investors.
“Liverpool is a culturally diverse city and already has a large international community. Just one-third of residents describe their ancestry as Australian or English compared to over half across Greater Sydney.
“There is a range of employment opportunities in Liverpool, meaning one-third of the residents work locally.
“Beyond Liverpool, Sydney CBD is the largest employment location, accounting for 10 percent of Liverpool’s working population, followed by neighbouring Fairfield and Bankstown. Sydney CBD is the next largest employment location followed by neighbouring Fairfield and Bankstown.
“Health care and social assistance is one of Liverpool’s largest employment sectors, reflecting the fact that the city is home to the largest hospital in NSW,” she commented.
Savills say that Liverpool’s population growth is set to continue.
“The city of Liverpool has already experienced higher population growth than many other areas in Sydney and this is set to continue.
“Over the next 20 years, the City’s population is forecast to increase by 55 percent to 331,000 people compared to a 37 percent increase across Greater Sydney.
“This is likely to further contribute to the already high demand for residential property in the area.
“The construction of Badgerys Creek Airport and surrounding infrastructure to support the new airport is expected to have a significant impact on Liverpool.
“The upgraded and newly formed road networks will increase Liverpool’s connectivity between the surrounding suburbs and greater Sydney.
“With a number of major projects and regeneration schemes underway, the desirability of the area for existing and new residents is forecast to continue to grow,” the report stated.
For more information go to Savills' home <a href="https://www.savills.com.au" target="_blank">page</a>.
</body></html>

Liverpool perfect for residential investors: Savills

<html><body>
Design will be the focus of developer Coronation Property’s projects in Liverpool and Parramatta in Sydney, resulting from its collaboration with international designers and architects.
Jamie Durie’s firm Durie Design will deliver the landscape masterplan at The Paper Mill – an 882-apartment development across four buildings in Liverpool – with the company’s work to include a makeover of the Georges River and surrounding foreshore. 
In Parramatta, the design firm will be responsible for the landscape elements at the 55-storey mixed-use tower 8 Phillip Street. 
Durie’s accomplishments include commercial projects all over the world, such as the Singapore Bay foreshore, Sheraton Salobre Resort Spain, Albarari in Dubai and Australia’s own Hayman Island Resort.
Durie won awards including the PCA Award for Best Residential Development in Australia and a Gold Medal at London’s Chelsea Flower Show. 
 <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/2017/06/26/JamieDurie.jpg" alt="">
“Our design concepts aim to create a sense of community, especially through the clever planning of gardens and green spaces,” said Durie. 
“As such, we’re interested in delivering interactive areas where people can dine, BBQ, sunbake and play, with our landscaping designed to give residents a sense of belonging and what we call ‘destination design’.” 
Durie said the revitalisation of the riverfront precinct at The Paper Mill was a perfect example of urban transformation. 
“This changes the dynamic of urban planning in Liverpool by truly turning the focus back onto the previously disused riverbank. The Paper Mill development is the first to take this approach in Liverpool and I can’t wait to see its progress, because it will really set the benchmark for urban renewal projects in the area.” 
Durie said the landscaping will try and maximise the connection to the water at the Paper Mill, where residents can enjoy views of the Georges River.
 <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/2017/06/26/PaperMill2.jpg" alt="">
Meanwhile, at Parramatta’s 8 Phillip Street, Durie said he plans to apply his ‘transterior’ philosophy, which involves creating a seamless transition between interior and exterior spaces. 
“We’ll be implementing this quintessentially Australian style of living in the tower’s entrance, rooftop bar, pool terrace and streetscape,” said Durie. 
The rooftop garden will feature native Australian species, planted to create an atmosphere of “secret garden oasis with intimate gathering spaces,” he added. 
Coronation Property managing director Joseph Nahas said they wanted to bring the very best in design to Western Sydney. 
“We’re proud to be transforming the urban landscape of Western Sydney, and we believe this is a great opportunity for the private sector to give back to the local community by providing intelligent and integrated public domain and amenity,” said Nahas.
</body></html>

Jamie Durie onboard for Western Sydney's The Paper Mill masterplan

<html><body>
A mixed-use development site in NSW's Liverpool with approval for 162 units has recently sold through CBRE for an undisclosed sum.
The site at <a href="https://www.realcommercial.com.au/property-land+development-nsw-liverpool-502112342" target="_blank">387-397 Macquarie Street, Liverpool, NSW 2170</a> went to the market via an expressions of interest. The zoning is B4 mixed use.
The property last changed hands back in 1989 for $1.3 million, according to RP Data.
Upgrades to the property are a set of commercial strata suites, currently occupied by retail providers cash converters, radio rentals, and motorcycle accessories supermarket -all leases due to expire by quarter 1, 2017.
The property has a land area of 2,391 sqm.
Liverpool is projected to gain more infrastructure than any other city in Australia in the next 10 years.
CBRE's Frank Oliveri and Thomas Mosca brokered the deal.
<img src="/images/2016/11/17/NSWLiverpool.png" alt="">
</body></html>

Liverpool site with approval for apartments changes hands

<html><body>
Western Sydney's residential development The Paper Mill, in Liverpool, has won the Meriton Excellence in Marketing award from The Urban Development Institute of Australia (UDIA).
Frost*collective was commissioned by developer Coronation to create a brand identity, strategic positioning and marketing campaign for The Paper Mill.
Coronation managing director Joseph Nahas said the changing face of south western Sydney, coupled with the opportunity to revitalise a long neglected riverfront location and opportunity to capture the historical features of the site, meant that our marketing campaign was always going to need to be something special.
“When we look at those who were also finalists for this award and the projects they have created, we are very proud of how Frost* has captured the essence of The Paper Mill and brought it to life –  and importantly how this has resonated with purchasers," he said.
Mirvac and UrbanGrowth NSW’s development, Ovo, in the Green Square Town Centre, (above) for which Frost*collective created a new brand and full marketing campaign – was announced as a runner up in UDIA’s Marketing Excellence award.
 
</body></html>

Frost*collective's creative partnerships scores in property awards

<html><body>
Around 90% of the 165 apartments on offer sold in the off the plan weekend launch of The Bindery at Liverpool.
Set within the riverfront The Paper Mill development, prices in the Woods Bagot-designed project ranged from $400,000 up to $685,000 for a three-bedroom terrace.
Some 80% will be owner occupiers with around 20% investors. 
Around 90% of the purchasers were local. 
Coronation Property Co's Paper Mill’s initial release also garnered strong local interest.
Jason Soulos, sales director for Coronation Property Co, the developers of The Paper Mill says Liverpool is a city undergoing significant transformation. 
Designed by architect Domenic Alvaro and his team at Woods Bagot, The Bindery is part of the reactivation of the Georges River and surrounding urban areas.
With top-tier finishes that include recycled timber and brick, granite cobblestones and steel inlay to reflect the site’s industrial past, The Bindery features three sky bridges that link each of the buildings, reminiscent of the communal spaces found within New York apartment buildings.
The purpose built display suite is on Shepherd Street. For more information on the development, <a href="https://www.liveatthepapermill.com.au" target="_blank">click here</a>.
</body></html>

Liverpool

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Liverpool

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News