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

Luxury Apartments

One of the most prestigious residential apartment projects to hit the shores of Australia has officially launched to market.&nbsp;

The $250 million Masthead Ocean Club has already been inundated with inquiry,&nbsp;developed in a joint venture by the highly-credentialed Australian businessman, Rory O'Brien and UK-based Banda, which is a world leading interior design studio and development business, founded by the husband of Princess Beatrice, Edo Mapelli Mozzi.

Edo Mapelli Mozzi founded Banda in 2007 and has grown the company from niche London developer into burgeoning global design practice, known for crafting environments which are both intrinsically beautiful and functional.

“This project forms part of Banda’s evolution and global expansion journey. We currently have projects underway in London, New York, Doha, San Salvador, Alps, and all over Europe,” said Mozzi.

“We had been looking for the right opportunity to bring us to Australia and Masthead is absolutely the project we’ve been waiting for.”

<img alt="Render of Masthead" data-entity-type="file" data-entity-uuid="6d3625e8-a224-4626-9979-cbb182dec5c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Masthead.jpg?VersionId=xbW_7RiAJumRs3qMhBSAr5xiXxR0Stmq" />Render of Masthead Ocean Club. Image supplied.&nbsp;

28 whole-floor apartments are on offer in the project, including one penthouse, two sub penthouses and five Sky Homes, which have been exclusively designed by Banda, with the further 20 residences, which capture sweeping and protected views of the Pacific Ocean, Broadwater and Hinterland, designed by Australian-based group, Mim Design.

Each whole floor apartment in Masthead Ocean Club will provide 317 sqm of luxury living, picturesque views from every room, private direct and secure lift access, double garaging, outstanding interior design, and state-of-the-art technology.&nbsp;

The two ultra-deluxe sub penthouses crown the development, spanning a massive 634 sqm each, topped by the grand penthouse, which flaunts over 1000 sqm of living, including its own pool, gym, golf putting green and more.&nbsp;

BDA Architects have also been appointed as architects on the project, with O'Brien saying they have all worked merticulously as a team to create a truly spectacular development that promises a 7-star resort experience and ultra-luxe amenities.&nbsp;

“I am truly delighted to be working alongside Edo to launch this unprecedented product to the Gold Coast residential market, the likes of which has never been seen before in Australia," O'Brien said.&nbsp;

The development will be set in a prime position, adjacent to the beachfront at the highly coveted northern end of Main Beach, dubbed the ‘Golden Triangle’ for its proximity to premier lifestyle destinations.

The Southport Yacht Club and Superyacht Marina, Main Beach Surf Club, and Spit parklands each sit within a stone’s throw of the development, as well as Marina Mirage and the latest dining and entertainment precincts currently in the pipeline.

Masthead will also see the delivery of one of the world’s most elite in-house residents’ only clubs providing an ultra-luxe comprehensive amenities range, to be known as ‘The Ocean Club’.

With membership only accessible via a Masthead apartment purchase, the “Ocean Club” will encompass premium in-home facilities including a sophisticated wine and champagne lounge, whiskey and cigar room, private dining space, coffee bar, sky high library, and business meeting areas – all with panoramic ocean, coastal, and Hinterland views.

Members will also receive additional benefits from distinguished luxury brands including Chairman’s Club membership to Levantine Hill Winery in The Yarra Valley, participation in Newgate’s 2023 racing syndicate, which will also include attendance at select race days in Newgate’s own suite at Randwick Racecourse, and a complimentary new gleaming BMW electric car.

Residents will have 24/7 access to a health and wellness club where they can rejuvenate in a wet edge pool, spa, steam room, and sauna, while fitness enthusiasts can relish in a state-of- the-art world class gym and unwind in yoga and Pilates studios.

“No other project in Australia offers residents such extensive private and secure luxury facilities but shared amongst so few people - in our case just 28 owners. This is true prestige,” O’Brien added.&nbsp;

Highland, a full-service real estate company with more than 40 projects currently in market along the eastern seaboard from southern Sydney to the Gold Coast, has been appointed as the exclusive selling agent for Masthead Ocean Club, with CEO David Highland saying Masthead is the most exclusive residential offering available in Australia.&nbsp;

“In my view, members of Masthead Ocean Club will receive premium living, spectacular picturesque coastal views, state-of-the-art amenities, exclusive club membership, and real value for money," said Highland

“A purchase in Masthead which includes 650 sqm of Ocean Club, is like getting two apartments for the price of one."

“Never again will a product of this calibre be delivered to the Gold Coast. Masthead Ocean Club will offer buyers something very special and unique.”

Masthead has all approvals in place and construction is anticipated to commence in the coming months with completion scheduled for 2024.

[smartcode_project_cta:default project_id=134759]

The development will be set in a prime position, adjacent to the beachfront at the highly coveted northern end of Main Beach, dubbed the ‘Golden Triangle’ for its proximity to premier lifestyle destinations.

alisonwarters@gmail.com

$250 million Masthead Ocean Club officially launches to market 

Making an architectural statement on the leafy streets of Kew, The Studley embodies a sophisticated and contemporary design that seamlessly fits into the highly sought after neighbourhood.

Designed over three levels, The Studley is home to just eight residences, ranging up to 500 sqm, each with an expansive floor plan, allowing for generously sized bedrooms and living spaces, which integrate into the outdoor spaces.

[smartcode_project:default project_id=113100 project_image_fid=199815]

David Watson Architect&nbsp;is the boutique practice behind the Kew creation, working in collaboration with John Patrick Landscape Architecture and McKimm to deliver the project.

Established in 2001, the scale of the deliberately small design-driven architecture practice ensures the active involvement of owner, David Watson across all projects, with The Studley being no different.

The Studley’s exterior combines travertine, render and zinc to create a modern built form that remains sympathetic to the leafy streetscape.

[smartcode_project:default project_id=113100 project_image_fid=199818]

The single-floor residences range from two to three-bedrooms, each with two bathrooms and a powder room, appealing to buyers seeking to downsize without compromising on luxury appointments and outdoor space.

Wide oak timber floorboards create a sense of warmth inside the homes, complemented by natural stone benchtops and a neutral colour palette throughout.

Additional luxurious modern features within the residences include freestanding baths and walk-in robes, bespoke joinery, an in-built gas fireplace, and the ultimate chef’s kitchen, complete with Miele appliances, Grand Cru wine fridge and butler’s pantry.

Floor-to-ceiling glass walls optimise light and views in each of the apartments, while the lines between indoors and outdoors have been cleverly blurred through the use of expansive stacking sliding doors.

[smartcode_project:default project_id=113100 project_image_fid=199820]

The main living spaces open to generous gardens and outdoor terraces, enjoying sweeping views across Kew’s leafy canopy.

In keeping with the air of exclusivity, entry to The Studley is via a secure central lobby with a lift service.

The basement also has secure parking for up to three cars, as well as additional storage for each residence.

Two and three-bedroom apartments can still be snapped up in the Kew project, with prices starting from $2,450,000.

[smartcode_project_cta: project_id=113100]

David Watson Architect is the boutique practice behind the Kew creation, working in collaboration with John Patrick Landscape Architecture and McKimm to deliver the project.

Inside the luxury downsizer Kew apartments, The Studley

The Queensland-based developers MAYD Group have a growing pipeline of projects across Southeast Queensland, with four boutique residential development applications lodged with the City of Gold Coast.

Making a turn to focus more exclusively on luxury, boutique developments, residences will feature high-end finishes with coastal inspired interiors, shifting their focus to some of the most sought-after coastlines in Australia, like Mermaid Beach, where the group have lodged four multi-residential development applications for.

The Seagull Avenue project will see four full-floor units created, with three-bedrooms and two-bathrooms.

<img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/seagullave.jpeg" style="width: 1200px; height: 1440px;" title="Render of Seagull Avenue development. Image supplied by MAYD Group" /> 
Render of Seagull Avenue development. Image supplied by MAYD Group

Designed by Architects, Studio Workshop, there will be a private rooftop entertainment area, including a rooftop deck, bar and pool. Basement parking will be provided for all residents.

The groups Chairlift Avenue site sits on the corner of Chairlift Avenue and Petrel Avenue, where they will construct eight luxury units, including two lower-penthouses, and an upper penthouse, that will feature a rooftop terrace, alfresco, plunge pool and lounge area.

Designed by Plus Architecture, these units will be three-bedrooms and three-bathrooms, all with basement level car parking.

Alongside landscape design which provides a unique, contemporary, and sophisticated character, the design intends to cater for its residents&#39; modern lifestyle requirements and encourage outdoor living and an active engagement with the beach environment.

<img alt="" height="746" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/maydgroup.png" width="1324" /> 
Render of Chairlift Avenue development. Image supplied by MAYD Group

MAYD will demolish an older residential building at 120 Hedges Avenue with plans for two luxury, four-storey houses.

Level one will comprise four-bedrooms, while the living areas, main kitchen and dining are on level two.

Level three is the rooftop level, inclusive of enclosed entertainment spaces, dry bars, and a rooftop pool, with the basement level featuring a wine/whiskey cellar, storage rooms, a surfboard storeroom, and a gym.

The group&rsquo;s final multi-residential development is for Seaside Avenue, which will see another three full-floor luxury units crafted, with a double-storey penthouse.

<img alt="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/seasideave.jpeg" width="1200" /> 
Render of Seaside Avenue development. Image supplied by MAYD Group

This development has plans for a rooftop pool and terrace, as well as entertainment areas scattered throughout.

The MAYD Group was founded last year in 2021 by Todd Mould, having&nbsp;previously worked as a builder, by trade, in the construction and property development industry for over 15 years.&nbsp;

Making a turn to focus more exclusively on luxury, boutique developments, MAYD Group has lodged four multi-residential development applications in Mermaid Beach 

MAYD Group to develop four boutique residential sites in Mermaid Beach 

Cronulla is set to welcome one of its most high-end apartment projects to date.

Solstice will bring just 15 apartments to Prince Street -&nbsp;Cronulla&#39;s version of Bondi&#39;s Campbell Parade - offering unobstructed beach views across the amalgamated 1,700 sqm dress circle site.

In reality there&#39;s actually only 13 available to purchase, with the developers, GNK, wanting to retain the two penthouse apartments for themselves to reside, which are both set to feature wrap-around balconies and plunge pools.

GNK Developments, led by builder developers Geoffrey Mailey and David Hammond, amalgamated the site at 5-9 Prince Street at the northern end of Cronulla Beach, and had the Sydney-based EMK Architects design the H-shaped development, two buildings coming together to create the five-storey building.

[smartcode_project:default project_id=112239 project_image_fid=195449]

Each apartment will span between 200 sqm and 365 sqm of living space and will have three to four bedrooms&nbsp;and will be kitted out with high-end Gaggenau appliances.

Laver Residential Project Directors James Lampropoulos and Dennis Vertzayias, who are exclusive agents for the project, said it&#39;s the best residential development&nbsp;Cronulla&#39;s ever seen.

&quot;Everything about the project is the height of luxury,&quot; Vertzayias said.

[smartcode_project:default project_id=112239 project_image_fid=195452]

&quot;From the&nbsp;penthouse-size apartments&nbsp;which include enormous private lock up garages that accommodate multiple vehicles, to the iconic prime beachfront location on Prince Street, it is a very rare and exciting opportunity,&quot; he added.

Solstice sits on a rare island site, where three of the four sides of the building don&#39;t have any adjoining&nbsp;neighbours, which provides residents with further views of the ocean, and district views back to the city from the upper level apartments.

Lampropoulos has already seen significant demand from high net worth locals, either currently living locally or someone who has a connection to the Shire and may be returning.

[smartcode_project:default project_id=112239 project_image_fid=195451]

So far apartment sales have ranged from $7.25 million to $9.5 million, setting a new price record for the suburb. Most apartments have been secured by&nbsp;mainly&nbsp;active downsizers who are keen on the healthy beachfront lifestyle and are downsizing from their waterfront family homes.

&quot;There&#39;s no real entry-level, every apartment is 10/10,&quot;&nbsp;Lampropoulos adds.

The same development team created the award-winning Bomborra around the corner for the locally well-known developer, who don&#39;t create too many multi-res projects.

&quot;I&#39;ve honestly not come across a project that everyone knows who the developer is and hold them in such high regard,&quot;&nbsp;Lampropoulos said.

The last new development on Prince Street was over a decade ago, when the award-winning building Bathers on Prince was developed.

[smartcode_project_cta: project_id=112239]

Solstice will bring just 15 apartments to Prince Street - Cronulla's version of Bondi's Campbell Parade - offering unobstructed beach views across the amalgamated 1,700 sqm dress circle site

Solstice: Unrepeatable apartment development heads to Cronulla's beachfront

A wave of local and interstate high-rollers have pinpointed the Sunshine Coast apartment market, with the local apartment developer, Cube Developments, seeing huge success at their&nbsp;Maroochydore apartment development, Nature by Cube.

Over three quarters of the luxury development has sold since it achieved development approval in August, totalling $32 million worth of sales to date.

Nature by Cube, on the dress circle The Esplanade,&nbsp;was pinned for 13 luxury apartments across eight-levels, crowned by an expansive 475 sqm penthouse.

But buyers have been keen on replicating the penthouse scale and level of luxury across the lower levels, combining two apartments to create the bigger space, with six bedrooms being combined.

[smartcode_project:default project_id=89721 project_image_fid=172109]

Cube Developments Director Scott Juniper says&nbsp;that buyers are moving to the area and are looking to maintain inner-city luxuries alongside a post-COVID lifestyle shift.

&ldquo;Buyers are seeking to achieve the best of both worlds - the open-air and relaxed lifestyle that the Sunshine Coast offers, coupled with a high-end home that is on par with their Brisbane,&nbsp;Sydney or Melbourne residence,&rdquo; Juniper said.

&ldquo;We&rsquo;re meeting the need with a flexible design and build model that is culminating in homes that are far from cookie cutter and truly bespoke; we&rsquo;re creating something that you&rsquo;ve never seen before.&rdquo;

The mega-apartments span full floors and will feature&nbsp;seven-metre frontage living with enormous semi-outdoor entertaining and kitchen spaces, as well as two dining areas, a private wine cellar, beverage service bar and multiple home offices.

[smartcode_project:default project_id=89721 project_image_fid=172105]

The penthouse was secured&nbsp;for nearly $7 million.

Architecture firm Cottee Parker designed the development, with Juniper&#39;s brief simple: &#39;We want the best the Sunshine Coast has ever seen.&#39;

Cottee Parker Director Sandra Browne said the expansive design of the sky home has been fashioned to retain waterfront views across the master bedroom and communal living spaces, with an architectural spec which has not yet been seen on the Sunshine Coast.

[smartcode_project:default project_id=89721 project_image_fid=172106]

&ldquo;This is the largest penthouse that we&rsquo;ve been part of creating in the area, and is within the top of Cottee Parker&rsquo;s national portfolio in terms of its sheer size,&rdquo; Browne said.

&ldquo;We have certainly taken advantage of this to capture the views - which are nothing short of spectacular, and maximise the frontage over the water.&quot;

Only three apartments at Nature by Cube remain, and are priced from $2.95 million.

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Nature by Cube was pinned for 13 luxury apartments across eight-levels, crowned by an expansive 475 sqm penthouse

Maroochydore apartments snapped up at Nature by Cube as buyer's seek amalgamated mega-apartments

Bloom Residences is one of four luxury apartment developments in Nedlands currently underway by Blueways Group and Aria Land.

The boutique collection of 38 one, two and three-bedroom apartments has been designed by leading architecture practice Hassell, the biggest architecture practice in Australasia with studios all around the globe.

They combine the power of creative design and strategic intelligence to craft, meaningful and enduring places like the Western Australian Museum, Herston Quarter and the Stadia Precinct.

<div>They have designed Bloom&nbsp;emphasise the character and charm of one of the western suburbs most sought after pockets.</div>

There are a broad range of floor plans on offer across the suite of&nbsp;apartments, I&#39;ve summarized them below alongside their&nbsp;price ranges:

[smartcode_project:default project_id=93813 project_image_fid=178502]

<ul>
	<li>One Bed | One Bath | One Study&nbsp;| 21 - 28&nbsp;sqm Balcony/Terrace&nbsp;| 80&nbsp;- 109 sqm | $475,000+</li>
	<li>Two Bed | One -&nbsp;Two Bath | One Study&nbsp;| 15&nbsp;- 23&nbsp;sqm Balcony/Terrace&nbsp;| 112&nbsp;- 121&nbsp;sqm | $859,000+ (pictured below is the Type B3)</li>
	<li>Three Bed | Two - Three Bath&nbsp;| One Study&nbsp;| 30&nbsp;- 65&nbsp;sqm Balcony/Terrace&nbsp;| 196&nbsp;- 278&nbsp;sqm | $1.49&nbsp;million+</li>
</ul>

<a href="/new-apartments/bloom-residences-95-broadway-nedlands" target="_blank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/bloom_perth_b3.jpg" /></a>

Located on Broadway, each boutique one, two and three bed design offers an open-plan layout, with premium finishes, stone benchtops and Miele appliances. Airy living spaces naturally flow onto spacious balconies and terraces.

There are three internal colour palletes to choose from, Cool, Warm and Dark.

Amenities include a residents-only gym, large purpose-built lounge space, communal dining areas, private landscaped communal gardens and more

Featuring Swan River and city views, it is close to some of Perth&#39;s finest shops, cafes, bars and transport links. It is also within the catchment of some of Perth&rsquo;s most prestigious schools.

Now over 30 per cent&nbsp;sold, Bloom Residences&nbsp;is set for completion in mid-2023

[smartcode_project_cta: project_id=93813]

Hassell has designed Bloom emphasise the character and charm of one of the western suburbs most sought after pockets.


jordan_55689

Inside Bloom Residences, the Nedlands apartment development designed by the biggest architecture practice in Australasia

Buyers have come out in droves to snap up apartments in&nbsp;Rivean Residences, one of the few&nbsp;Perth&nbsp;developments to come out of the collaboration between Aria Land and Blueways Group.

The Nedlands development of just 28 apartments has been&nbsp;designed&nbsp;by&nbsp;Giorgi, one of Australia&#39;s most awarded custom architect builders. They&#39;ve been behind award-winning projects like Echelon Residences, Caversham and 10BVT.

&quot;Rivean draws on local historical materials and innovative design techniques to spark a revitalization of the surrounding community,&quot;&nbsp;Giorgi says.

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&quot;The design is responsive to the environment, providing excellent access to natural light, fresh air and generous outdoor space, whilst also offering a range of spaces and activities that will promote a sense of community.&quot;

Over 50 percent of the two and three bedroom apartments have been sold, with prices ranging from $909,000 to $1,139,000.

Located in the leafy Nedlands at 139 Broadway, Rivean enjoys close proximity to the city, Swan River and premier shopping and dining destinations.

[smartcode_project:default project_id=95299 project_image_fid=178805]

Kings Park is just moments away, together with the many offerings of nearby Elizabeth Quay and the Foreshore parks. Not far from the development is&nbsp;Claremont Quarter, the major shopping hub with a number of restaurants,&nbsp;caf&eacute;s and bars.

There are&nbsp;a range of public transport options at the&nbsp;doorstep, as well as pedestrian and cycle trails.

Construction is scheduled for November 2021,&nbsp;with completion estimated for 2023.

[smartcode_project_cta: project_id=95299]

Over 50 percent of the two and three bedroom apartments have been sold, with prices ranging from $909,000 to $1,139,000

Luxury Nedlands apartment development Rivean Residences passes 50% sold mark

Melbourne developer Caydon Property has gone above and beyond for buyers of Skyhome apartments in their recently completed Moonee Ponds apartment tower, Rise.

Skyhomes are penthouse-style apartments designed to make the most of the sweeping views across Melbourne. Soaring to 29 levels, Rise offers the highest views north of Melbourne&rsquo;s CBD.&nbsp;

Skyhome residents can enjoy access to their own private club, The Conservatory, located on Level 22.

The exclusive lounge has been created to offer a more intimate experience than standard communal areas found in other developments. Skyhome residents and their guests can grab a drink at the bar and socialise in a number of areas, including the outdoor deck, indoor banquet-style seating or the lounge seating in front of the fireplace.

[smartcode_project:default project_id=5328 project_image_fid=164747]

The fixtures and fittings of the Skyhomes also exude luxury, featuring high-quality finishes and spacious open-plan living space. The kitchens are fitted with European appliances, with a gold-metallic rangehood suspended from the ceiling. The island bench has stone benchtops and a cantilevered oak breakfast bar.

The bathroom exudes contemporary design with its feature wall tiling framing the vanity, whilst the remaining floor-to-ceiling porcelain tiles are in a white matt finish. In most Skyhomes, the bathroom features bespoke, dual Omvivo basins.

Prices for the Skyhomes start from $864,000. There are both two- and three-bedroom options remaining, with living space ranging from 88 sqm up to 130 sqm.&nbsp;

[smartcode_project:default project_id=5328 project_image_fid=164757]

Skyhome buyers will also have access to the communal facilities on level two, which features an indoor heated pool and spa. On the same level is Club Rise, the building&rsquo;s health and fitness centre with a fully equipped gymnasium with sauna and a yoga studio.

Mason Terrace, an indoor-outdoor entertaining space, is situated on level four. A full-sized indoor kitchen can be booked for entertaining, while outside is a barbecue area.

Rise, located on Everage Street in the heart of the vibrant village, has 297 one, two and three-bedroom apartments across its 29 levels.

Rise also has its own concierge and resident app, Caydon HQ, allowing residents to interact with neighbours, manage deliveries, place repair requests and more.

For a limited time, Caydon Property are offering a six month settlement on any two or three-bedroom apartment, a unique offering targeting buyers who are yet to have sold their current home.

[smartcode_project_cta: project_id=5328]

Caydon Property’s Rise delivers a luxury living experience with spacious floorplans, cutting-edge interiors, floor-to-ceiling windows and numerous amenities.

The extra luxuries on offer for Skyhome buyers at Rise apartments in Moonee Ponds

Sherpa Property Group are set to continue to change the shape of Palm Beach with their luxury apartments.

The development firm, led by Christie Leet, has lodged plans for Perspective Nexus, their latest in the Perspective chain. The proposal comes after sell-out success at the nearby Perspective 488 and Perspective Two Sea.

Located on 1581&nbsp;sqm at&nbsp;949-953 Gold Coast Highway, Sherpa are planning a 14-storey building pitched at the downsizer. There will be just 34 apartments, half of the site's allowable density.

There will be just three and four-bedroom apartments, including three impressive three-level, four-bedroom sky-homes, which each has its own private roof access where there will be a pool and spa and 360 degree views across the Gold Coast.

<img alt="" data-entity-type="" data-entity-uuid="" height="750" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/nexus_perspective_rooftop.jpg" width="1200" />

Designed by Hayes Anderson Lynch Architects, each of the apartments will have a home office and a private balcony. They&nbsp;are oriented to the north-east for solar access and views of the ocean.

Level two will home the&nbsp;central communal recreation&nbsp;area, complete with pool, gym, yoga room, sauna, steam room, breakout spaces and landscaping.

Perspective Nexus residences — ranging in size from 235 sqm to 560 sqm — are priced from $1.45 million to $6.5 million.

Sherpa's managing director Christie Leet says the team are&nbsp;excited to begin unveiling the in such a unique and highly sought-after location.

“Palm Beach encapsulates an eclectic mix of desirable water frontages including the vast Pacific Ocean as well as Currumbin Creek, which runs from the hinterland in Currumbin Valley down to Palm Beach where an abundance of lifestyle and activity on and around the water converge at Perspective Nexus.”

<img alt="" data-entity-type="" data-entity-uuid="" height="750" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/perspective_nexus_living_room.jpg" width="1200" />

Leet said lifestyle was the driving force behind the design of Perspective Nexus, which rejects the more traditional quantity-over-quality approach to Gold Coast high-rise apartment development.

“True luxury is unrestrained lifestyle — doing what you love and engaging with life in natural surroundings while enjoying the ease and convenience in absolute comfort,” he said. “It’s all about how you want to live your life.” 
 
Perspective Nexus is Sherpa’s third Palm Beach instalment, following its beachfront sales sensation that wiped out Sherpa’s Perspective 488 stock in just three months, prompting the successive sell-out of its fast-tracked sister project, Perspective Two Sea. The two projects achieved a combined sales total in excess of $70 million.

Sherpa are simultaneously gearing up to migrate its ‘Perspective’ brand further north, lodging a development application for&nbsp;‘Perspective Broadwater’ which will have just six full-floor apartments overlooking the esplanade and waterfront of Biggera Waters.

There will be just three and four-bedroom apartments, including three impressive three-level, four-bedroom sky-homes

Sherpa lodge Perspective Nexus, new Palm Beach apartment development

The luxury Main Beach apartment tower The Monaco is set to begin its construction next month, with the biggest drawcard for buyers being the customisation on offer.

For Helene Omeros, whose family owns and runs the multi-award winning Omeros Brothers Seafood Restaurant at Marina Mirage around the corner, and her husband&nbsp;Charles Millard, it was the option to completely customise their kitchen.

The couple are downsizing after buying a three-bedroom, three-bathroom apartment on the 11th level of The Monaco,&nbsp;which is being developed by local developer Ignite Projects and designed by Rothelowman.

&ldquo;We&rsquo;re a close family and we spend a lot of time cooking and eating together so having the ideal kitchen is so important to us,&rdquo; Omeros said.

Omeros Brothers is a Gold Coast icon with the Omeros family having operated some of the country&rsquo;s leading restaurants for more than 40 years.&nbsp;

[smartcode_project:default project_id=26730 project_image_fid=83445]

Millard said it is very important as the kitchen lends itself not just to the practicalities of cooking but entertaining as well.

&ldquo;The kitchen is always the focal point of entertaining at least for the first hour after guests arrive,&rdquo; he said.

&ldquo;That&rsquo;s why we want to be interacting with our guests rather than having our backs to them while we use the cooktop and ovens. &ldquo;We find it works best if the ovens and cooktop are built into the island bench facing the living area so that way the entertaining flows perfectly.

He said key features for the couple will include gas cooktops, two fridges and two over-sized ovens as well as a generous butler&rsquo;s pantry.&nbsp;Omeros said they will be sure to consult her dad and brother on the design on the kitchen before it gets built.

Andrew Erwin, of NPA Projects, said the customizable kitchen is one of the key drawcards for people buying in The Monaco.

[smartcode_project:default project_id=26730 project_image_fid=83449]

&ldquo;People love working with our concierge team and the kitchen designers to design the kitchen they&rsquo;ve always wanted but until now been unable to have in an apartment,&rdquo; he said.

&ldquo;Combined with the fact it is a boutique building with a recreation space complete with a 24-metre heated pool alongside a private dining area and virtual golf as well as stunning views from every apartment adds up to The Monaco being the complete package.&rdquo;

Omeros said, as well as the&nbsp;customizable kitchen option, the amazing location and unbeatable views incorporating the Broadwater and ocean were key reasons for purchasing in The Monaco.

&ldquo;We don&rsquo;t get Broadwater views at our current building so that&rsquo;s a lovely change. The Monaco is also close enough to walk to my job at the family restaurant,&rdquo; she said.

&ldquo;I&rsquo;ve lived in Main Beach for six years and it has definitely grown on me, and my husband, who has been in Main Beach for over 18 years. It will be even better when we move into The Monaco.&rdquo;

[smartcode_project:default project_id=26730 project_image_fid=83448]

Millard said he loves the &ldquo;village vibe&rdquo; of the suburb.

&ldquo;People are so nice here in Main Beach. It is a more mature area, but we do have younger people moving in.

&ldquo;The suburb has also historically held its value better than Broadbeach and Mermaid Beach during past downturns. We&rsquo;re now getting national press that Main Beach is where there is huge demand and not enough stock and that will keep going into next 
year.&rdquo;

The Monaco is a 24-level north-facing apartment building with a collection of luxury full-floor and half-floor residences at 2-4 MacArthur Parade, Main Beach.

Three-bedroom, three-bathroom apartments, with two multi-purpose rooms, are priced from $4.45 million with construction by McNab due to start this September.

[smartcode_project_cta: project_id=26730]

Andrew Erwin, of NPA Projects, said the customizable kitchen is one of the key drawcards for people buying in The Monaco

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