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

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Given the recent sell-out of Flow Residences, premium Gold Coast off-the-plan buyers are looking at the remaining stock in other recently announced projects. 

Flow Residences was named Australia’s fastest selling beachfront apartments following their $74 million sell-out in late October.

Located on the southern Gold Coast, Flow is the project of avid surfer and local property developer Paul Gedoun. Overlooking Coolangatta’s Rainbow Bay from its 1 Petrie Street position, the S&amp;S Projects development will deliver 22 premium residences exclusively for owner occupiers.

Designed by Cottee Parker, each apartment within the 12-storey building offers ocean views of the pointbreak and the Gold Coast. Its amenities include a full-level residents beach club on the ground floor, with an outdoor heated pool, a recreation deck, private dining and function spaces and a gym.

<a class="colorbox colorbox-insert-image" href="/buildings/flow-residences-rainbow-bay-1-petrie-street-rainbow-bay" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/2a4caea1-6e93-427e-ae47-de5ea4b4b3d0-w1600-h1200.jpeg?itok=S7Gjj7Td" width="580"></a>

The last apartment sold was a 241sqm, three-bedroom, three-bathroom, half-floor ‘oceanic residence’ valued at $3.2 million, which sold for $3.15 million in an unconditional sale in mid-October.

The majority were sold to local buyers from Queensland, with seven apartments sold to interstate buyers from NSW.

The project is expected to reach completion in 2022.

<h2>Other luxury developments on the market in the Gold Coast</h2>

Luxury developments are popping up all over the Gold Coast as demand increases for residences with water views and luxury resort-style facilities.

In just the last month, boutique US hotel operator Mondrian has announced it will launch its first brand residence in Australia at Burleigh Heads. Designed by architect Elenberg Fraser, the project will include 89 luxury private residences and 208 guest rooms with the pricing yet to be revealed. 

But in case you've missed out on Flow, here are a few of our favourite new luxury developments on the Gold Coast:

1. Chevron One 

Located at 36-44 Stanhill Drive, Chevron One stands 40 levels tall in the Gold Coast’s Surfers Paradise.

Designed by Marchese Partners and developed by Bensons, the project offers 236 one, two and three-bedroom configurations, resort-style amenities and an organic sculptural form.

<a class="colorbox colorbox-insert-image" href="/new-apartments/chevron-one-36-46-stanhill-drive-chevron-island" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="213" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/chevron-one-36-44-stanhill-drive-surfers-paradise-16c076d8ec443dabf56a4e63f137c7b6.jpg?itok=_zJS4ruU" width="580"></a>

Amenities within the project include an outdoor lagoon pool with floating cinema, an indoor pool and spa, a gym and a residents’ lounge.

Apartments in the complex start from $365,000 for a one-bedroom and from $1.175 million for a three-bedroom.

2. Palm Beach Residences 

Situated between Burleigh Heads and Currumbin Point, Palm Beach Residences offers 80 two and three-bedroom apartments with views of Burleigh Heads, the Pacific Ocean and Gold Coast hinterland.

<a class="colorbox colorbox-insert-image" href="/buildings/palm-beach-residences-10-12-brooke-avenue-palm-beach" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/2016581624_4_1_201027_080721-w1600-h1200.jpeg?itok=TSLFT8VA" width="580"></a>

Designed by BDA Architecture, the CRU Collective project includes an 18-metre resort pool boardroom, zen garden and surfboard racks. The project has an estimated mid-2022 completion.

3. Acqua Palm Beach

With an affordable entry price of just $495,000 for a two-bedroom apartment, Acqua is attracting interest from first home buyers or smart investors. Situated at 10 Third Avenue, the project offers 62 two and three-bedroom apartments with resort-style amenities.

<a class="colorbox colorbox-insert-image" href="/buildings/acqua-palm-beach-10-third-avenue-palm-beach?last_source_news_article_id=41433&amp;ref=news_related_project" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/acqua-palm-beach-10-third-avenue-palm-beach-a5b5d742543c423f5acc6a05885195a1.jpg?itok=l-3b7MH9" width="580"></a>

Amenities within the Marquee Development project include a glass-edge pool, rooftop retreat and fitness centre.
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Premium Gold Coast off-the-plan buyers are looking at the remaining stock in other recently announced projects following the sell-out of Flow Residences.

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Gold Coast premium apartment buyers go with the flow

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Luxury three-bedroom apartments are being offered by Hurstmon in Melbourne’s Malvern East with prices starting at $1.375 million.
The residences, located at <a href="/buildings/hurstmon-3-hurstmon-street-malvern-east">3 Hurstmon Street</a>, are offered by Melbourne-based property developers Landream.
Telha Clarke Architecture and Design and Eckersley Garden Architecture collaborated on the project’s design.
Hurstmon represents the “best of lifestyle, contemporary architecture, earthy tones, premium materials and respect for the area’s deep history”, the development’s marketing writes.
Set in the prime location of Malvern East, the development is <a href="/developments/malvern-east-vic-3145">one of 69 in Malvern East</a>.
The apartment’s offerings include walnut timber joinery, pale timber floorboards and established gardens.
Landscaped courtyards and entertaining areas are features of the ground floor residences. 
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j.ballantyne1990-6AQqhLzZaK

Landream offers $1.35 million apartments in Malvern East project, Hurstmon

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Interstate and local buyers have helped drive luxury apartment sales at Signature Broadbeach to a total of $153 million following a busy start to 2020 for the developer Little Projects and marketing agent KM Sales and Marketing.
Sales gathered pace in the first quarter of the year as construction progressed on the $210 million project, which is backed by high-profile Melbourne businessman Paul Little.
Director of KM Sales and Marketing Jayde Pezet said the sales to date mark a successful debut to the Gold Coast market for Little Projects.
“We are pleased to announce that Signature Broadbeach has now secured buyers for 184 of its 245 apartments since its launch,” Mr Pezet said.
In its latest construction update, Little Projects says basement foundations and perimeter walls have been completed and excavations for the four-level basement carpark are well advanced. 
The tower crane is expected to be on site in late April as construction progresses in earnest on the 35-storey development.
Designed for resort-style living in the heart of Broadbeach, Signature Broadbeach is proving to be ‘something for everyone’, including international buyers, according to Leighton Pyke, director of Little Projects.
“Sales and inquiries are coming from a variety of quarters, largely local owner-occupiers and interstate investors, primarily from Sydney, Melbourne and rural Victoria,” said Mr Pyke.
“Interstate investors are purchasing for an income earning lock-and-leave holiday home on the Coast, and that’s been a solid trend since the launch of this project.
“We’ve also had a number of international investors among our buyers, mainly from New Zealand and Japan. Inquiries have been quite healthy across the board.”
Signature Broadbeach has been specifically designed to offer the best in resort-style living within easy access to the urban amenities of one of the Gold Coast’s most sought-after beachside suburbs.
Located at 12-18 Philip Avenue, it is just half a block from a patrolled beach and one block from the centre of Broadbeach. It is within walking distance of Pacific Fair, Star Casino, the Gold Coast Convention and Exhibition Centre and the café and dining heart of Broadbeach.
The development offers a combination of one, two and three-bedroom apartments, all oriented towards the ocean to maximise views, with prices starting from $515,000.
Award-winning design team Rothelowman and SJB Interiors have crafted the project and its interiors with the apartment owner in mind.
“The quality of fittings and the level of resident amenities are among the highlights that buyers have noted within this development, and it’s just as important for investors as it is for the many owner-occupiers who have been won over by Signature,” said Mr Pyke. 
Residents’ amenities include a 50-metre infinity-edge pool and a recreational heart known as Deck at Signature. This comprises an entire level featuring a landscaped lawn area, barbecue and teppanyaki facilities, private lounge and dining room, sauna, steam room and spa, gymnasium and cinema.
<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/2020/4/14/Pool%20-%20Signature%20.jpg" alt="">
Signature Broadbeach is a joint venture between Melbourne-based, international award-winning Little Projects, chaired by Mr. Little, and KM Develop, a leading Australian property development business led by Haydn Law.
Little Projects are considered Melbourne’s premier private developer having delivered over 2,000 apartments and townhouses across the city.
 
KM Develop, operating since 2002, have a combined 65 years’ experience, specialising in project acquisition, development and delivery.
Together the renowned developers have delivered projects totalling over $3.5 billion across residential and commercial markets throughout Australia. 
The luxury Signature Broadbeach development is scheduled for completion in the first half of 2022.
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Interstate and local buyers drive sales at Signature Broadbeach to $135 million

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A full floor Surfers Paradise luxury apartment has been listed for $4,275,000.
Kollosche estate agents Duncan Longmore and Michael Kollosche hold the listing.
Situated on the fifth floor, the <a href="https://www.realestate.com.au/property-apartment-qld-surfers+paradise-133142402" target="_blank">Northcliffe Terrace apartment</a> is one of only 15 boutique apartments with an unobstructed ocean views.
The three bedroom, four bathroom oceanfront home features air-conditioning throughout, a gourmet kitchen with brand new European appliances, a walk-in pantry, wet bar, and a 600 bottle Vintec walk-in wine cellar. 
All bedrooms are fitted with stone ensuite and balconies. The master suite also has a walk-in robe, and circular spa in its ensuite. 
The open plan living and dining area showcases a gas fireplace and access to the beachfront balconies which have a BBQ and heated plunge pool with jets.
The apartment also has an executive office with ceiling to floor glass windows and balcony access, fitted with custom built desk and cabinetry. 
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Full floor Surfers Paradise trophy apartment for sale

Olivia Round

Urban.com.au profiles 10 of Melbourne’s top luxury apartments

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Gold Coast's premium apartment sector will likely welcome another contender as a beachfront application looks to deliver premium oversized apartments to Surfers Paradise.

Only 50 apartments are earmarked within a 31 storey development on the intersection of Garfield Terrace and Thornton Street. Maintaining absolute beach frontage, the tower is set to capped by a tri-level five bedroom penthouse that sets the tone for the overall development.

Three sub penthouse apartments containing four bedrooms and 46 triple bedroom apartments round out the application's living options.

Blight Rayner are responsible for 59 Garfield Terrace's design, taking advantage of the site's high density residential zoning to yield the 98 metre tower across the relatively small 608 square metre site. Entity PM No.1 Pty Ltd is backing the application.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/image48_16.jpg" rel="gallery-all" title="Absolute beach frontage. Image: Blight Rayner"><img alt="" class="image-article-full-width-580px" height="755" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image48_16.jpg?itok=uF6pAP6w" title="Absolute beach frontage. Image: Blight Rayner" width="580"></a>

<figcaption>Absolute beach frontage. Image: Blight Rayner</figcaption></figure>Blight Rayner's design draws inspiration from its intended coastal setting:

<blockquote>
The architectural proposition is driven by the site’s natural beauty and coastal environment. Beaches are a natural phenomenon that are formed around rocky outcrops and made up of eroded materials that have been transported from elsewhere.

Our architectural approach to form and materials looks to this natural phenomenon to inform the proposition. To anchor the proposal, dark rocky walls form the base in which the elevated lobby sits.

The rocky outcrops are eroded to house landscape and become escapements for outlook. The tower structure is seen as a charcoal concrete which extrudes from the rocky base.
</blockquote>

These rocky walls frame the tower's communal areas, headlined by a gym and overt swimming pool which is seemingly perched above the beach. Spanning two levels, the podium also includes an elevated lobby that accounts for the main space at ground level.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/image45_11.jpg" rel="gallery-all" title="Ground level activation. Image: Blight Rayner"><img alt="" class="image-article-full-width-580px" height="298" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image45_11.jpg?itok=CvPVzGpV" title="Ground level activation. Image: Blight Rayner" width="580"></a>

<figcaption>Ground level activation. Image: Blight Rayner</figcaption></figure>Not far from the heart of Surfers Paradise and skyline defining towers such as Soul and Q1, 59 Garfield Terrace is part of an emerging sub precinct of beachfront towers.

Northcliffe Residences is nearby; upon completion it will include 75 apartments over 28 levels in another luxury project for developers Qingjian Group and CNQC. Also surrounding 59 Garfield Terrace are expected towers at 2945 Surfers Paradise Boulevard and 9-11 Thornton Street.

9-11 Thornton Street has been approval for 81 apartments across 30 storeys.
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silvermb

A new player seeks its place in the Gold Coast luxury apartment spotlight

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409 St Kilda Road is being positioned as Melbourne's most elite address. 

In a recent media blitz, Devitt Property Group unveiled their intentions for the prime site which currently houses an exhausted-looking 14 level office building. In its place will rise a similarly-sized residential building that Devitt Property Group expect will become Melbourne's most prestigious address on Melbourne's most recognisable boulevard.

Kane Devitt of Devitt Property Group spoke with Apartments.com.au, providing further detail on the project which has been christened The Muse.

UM: Can you go into the rationale behind the choice of Bruce Henderson Architects as design lead for the project, and the design of the building itself?

KD: Bruce Henderson Architects are one of Melbourne’s top-tier architecture practices, and a group we have a strong working relationship with. In addition to their track record of delivering luxury apartment projects, they have a unique insight into our key target market, having designed some of Melbourne’s largest and most expensive homes.

They understand where these buyers are coming from, and consequently what their expectations are. The buyers we are targeting are uncompromising, they expect the very best, which is what we will be delivering.

We couldn’t be more pleased with the design of the building. The architecture of The Muse is both elegant and respectful of its site on St Kilda Road. It will become one of Melbourne’s preeminent pieces of architecture.

The front row of the building is not facetted, but curved glass to maximize the view from the interior and also reinforce the elegant feminine design throughout. It’s also designed to disappear within the Shrine of Remembrance vista from the CBD, reintroducing this concept for St Kilda Road.

UM: With so many high-end projects currently offering large apartments for sale, how will the development team discern The Muse from the pack?

KD: Yes, the luxury end of the property market is truly thriving not just in Melbourne but throughout Australia. While there are ample luxury developments in progress in the Melbourne market, we have gone a lot further with The Muse.

The Muse differentiates itself in many ways, but one of our key points of difference is that we offer 6-star facilities and services, to an exclusive group of only 47 residents. Our buyers will enjoy 24/7 concierge services, swimming pools, a gymnasium and spa, plus a residents club lounge with private meeting rooms.

No other building in Melbourne, arguably Australia, offers so much to so few residents.

We have taken our cue from cities like London, New York and Singapore, where exclusive buildings like this cater for a high net worth audience that equally value services and facilities with privacy and security. While there is luxury on offer in Melbourne, as we say in the team, The Muse is well and truly 
“life beyond luxury”.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image3devitt.jpg" rel="gallery-all" title="Artist's perspective of The Muse"><img alt="" class="image-article-full-width-580px" height="403" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image3devitt.jpg?itok=-yBWdH1-" title="Artist's perspective of The Muse" width="580"></a>

<figcaption>Artist's perspective of The Muse</figcaption></figure> UM: Are there any features that are unique to The Muse relative to other high-end apartment projects across Melbourne, or is The Muse's selling point that is simply does everything bigger and better in terms of living spaces and amenities? 

KD: Every residence in The Muse is being treated as an entirely separate entity.

Bruce Henderson Architects, in collaboration with our exciting soon to be named top tier design team, will plan each residence to the specific requirements of every purchaser. These homes will be truly customizable, molding themselves to suit each buyer’s specific requirements.

Every apartment will have penthouse quality finishes, large terraces and 10ft ceilings. All apartments will have lockable garages to be comprised of a minimum of 3 spaces, with each space wider than average to accommodate luxury cars. We are catering to the most discerning purchaser, so have gone above and beyond to make this a stand out project.

With the level of luxury and amenity on offer, we are not expecting these properties to come onto the market very often at all. Luxury such as this is often tightly held by owners and becomes almost unattainable.

UM: Can apartments be merged into larger dwellings should prospective buyers request it?

KD: Absolutely. The concept behind The Muse is that a purchaser can quite literally build their own, unique apartment. We are expecting many of our buyers will do this.

Ordinarily a building of this size would house around 200 apartments, we have planned for 47, however we are expecting this will drop further with people combining residences. I wouldn’t be surprised if there were only 40 residences once complete.

UM: Having considered the higher density 200-apartment option versus the luxury 47-apartment intended outcome, which had the higher degree of development risk from Devitt Property Group’s perspective?

KD: There is, of course, an element of risk with any project, but from our perspective, this is a project that we have been in planning for 15 years and is a passion project not just for us, but the whole team.

We have a unique insight in the prime apartment market in Melbourne, and we know that this project fills a void in the Melbourne apartment market as an exclusive, prime offering. There is nothing else out there that can compare on this front, so we are confident moving into launch phase.

We have had many enquiries from people in other buildings in Melbourne who are tired of stepping into their lift with strangers. They do not want to own a luxury home on top of a building full of tenants, they want to be part of an exclusive community of like-minded owners.

UM: Assuming planning for the project goes as expected, when will The Muse be released for sale, and is there a construction start date in mind?

KD: Construction is planned to begin in 2018 and completion 2020. We plan to launch to a VVIP audience in early 2018, with construction of our amazing display suite already underway.
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