<a href="https://www.apartments.com.au/developers/sunland-group">Sunland Group</a> has officially lodged plans for its first Gold Coast apartment project since the departure of the Abedian family from the company three years ago, unveiling a new high-rise proposal for a prominent Broadbeach corner site on Old Burleigh Road.

The application was submitted by an entity directed by Tom Jamieson, stepson of longtime Sunland leader Soheil Abedian, and Riaz Rezvanipour, brother-in-law of Sahba Abedian, Soheil’s son.

Sunland acquired the 1,283 sqm site on the corner of Old Burleigh Road and Armrick Avenue for $9.5 million late last year and is now seeking approval for a <a href="https://www.apartments.com.au/new-apartments/99-101-old-burleigh-road-broadbeach-qld-4218">42-storey tower with 81 apartments</a>.

<img alt="First look: Sunland Group returns to Broadbeach with new Old Burleigh Road tower plans" data-entity-type="file" data-entity-uuid="fea2946d-90ee-4cfc-babe-2a8ad5db2cb6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers.png?VersionId=BV0fihJw31nDIQ8ozY_h3GbS8mxDyhnm" />

Designed by <a href="https://www.apartments.com.au/architects/contreras-earl-architecture">Contreras Earl Architecture</a>, the proposed tower at 99-101 Old Burleigh Road would deliver a predominantly larger-format apartment mix aimed at the owner-occupier market. Plans include 17 two-bedroom apartments, 55 three-bedroom apartments, and nine four-bedroom residences across 35 residential levels.

The development also incorporates three basement levels, four podium parking levels, two levels of communal recreation facilities, and rooftop plant and equipment. A total of 189 car spaces are proposed, significantly exceeding the 90 spaces required under the planning scheme.

The architecture adopts a sculpted, curvilinear form, with deep wraparound balconies and integrated landscaping intended to soften the tower’s vertical expression. The planning report states the building’s “slender footprint/form provides a complimentary yet varied built form within the local streetscape” and contributes to “a varied, yet ordered skyline.”

Contreras Earl noted in its Architectural Statement that from the early stages, the project addressed a fundamental challenge: how to accommodate the required residential yield while avoiding the conventional model of a tower sitting on a rigid, fully resolved parking podium.

“The most direct response would have been to consolidate parking into a singular, flat podium and extrude a repetitive tower above,” the statement said. “While efficient, this approach would result in a consolidated built form with limited engagement with the surrounding landscape and public realm.”

Instead, the conventional podium model was “deliberately rejected”. The architects described the base of the building as “a landscaped architectural condition where structure, planting and circulation are integrated”.

“Rather than presenting a continuous built mass, the base of the building is articulated through a series of concrete planter elements that organise the podium into a fragmented system,” the statement said. “This approach reduces the perceived bulk of the lower levels while establishing a more permeable interface with the streetscape and adjacent open space.”

<img alt="Sunland" data-entity-type="file" data-entity-uuid="923fad8d-c960-4527-8fbe-975cf1ddf88d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-25%20at%2010.32.03%E2%80%AFAM.png?VersionId=pngwb0hYOIUpq9vDw6F2EsOiVuHF3DiX" />

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The site sits within the High Density Residential Zone and inside the City of Gold Coast’s unrestricted “HX” building height area, where the planning framework anticipates intensified residential development tied to the expanding light rail corridor. The planning report notes the area is undergoing “transition toward more intense development forms” given its proximity to Broadbeach, Surfers Paradise, and high-frequency public transport infrastructure.

Positioned directly opposite Broadbeach Park and within walking distance of Florida Gardens light rail station, the development would sit among a rapidly evolving stretch of Old Burleigh Road that has become one of the Gold Coast’s most active apartment development corridors.

The application joins a growing pipeline of luxury residential projects reshaping Broadbeach, including nearby developments by 5Point Projects, Polycell, and Graya.

The planning report argues the project contributes toward the Gold Coast’s long-term housing targets under the South East Queensland Regional Plan, which forecasts the need for more than 100,000 additional high-rise dwellings across the city by 2046.

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The Abedian family departed Sunland Group in late 2023, ending a four-decade association with the company, and subsequently established the private development firm Abedian &amp; Co. The group is currently delivering <a href="https://www.apartments.com.au/new-apartments/greenmount-residences-cnr-hill-street-and-marine-parade-coolangatta-qld-4225">Greenmount Residences</a> at Rainbow Bay and recently launched <a href="https://www.apartments.com.au/new-apartments/18-mary-avenue-14-18-mary-avenue-broadbeach-qld-4218">18 Mary Avenue</a> in Broadbeach.
</section>

Joel Robinson

First look: Sunland Group returns to Broadbeach new apartment market with new Old Burleigh Road tower plans

The Minns Labor Government has established the new Bays West Delivery Authority to lead the development&nbsp;of the Bays West Precinct and Blackwattle Bay Precinct.&nbsp;

The Authority is charged with creating Sydney’s newest precinct, a thriving, connected, sustainable hub with White Bay Power Station as its cultural heart. Its vision is to build on the area’s natural, cultural and industrial history to shape a vibrant new neighbourhood.

The precinct will deliver up to 8,500 well-located homes, including a minimum of 10 per cent affordable and essential worker homes. Combine new housing with public open space, opening public access to the waterfront for the first time in more than 100 years, while retaining important deep-water facilities to support Sydney’s working harbour.

Located just minutes from the Sydney CBD and connected to a world-class metro, ferry, walking and cycling links, the Bays West precinct will rebalance housing growth towards well-serviced inner-city locations and help tackle the state’s housing crisis.

The Bays West Delivery Authority,&nbsp;an agency of the Department of Planning, Housing and Infrastructure, will report to the NSW Minister for Lands and Property who already has oversight of major precinct renewal projects including at Blackwattle Bay and Barangaroo.

As part of the broader Bays West transformation, the Minns Government recently announced that a proposal from Lendlease to redevelop part of the Bays West Precinct has progressed to Stage 2 of the NSW Government’s unsolicited proposals process.

<img alt="Sydney" data-entity-type="file" data-entity-uuid="2ed71eb9-d8e8-4fa7-b9d1-de4531dcf2f3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-25%20at%209.42.31%E2%80%AFAM.png?VersionId=IDryFIbped9SNDg72LEN_EecvhUsOPvp" />

The Minns Labor Government has also confirmed the Bays West precinct will have a new suburb name. This will be the first major suburb built in close proximity to Sydney’s CBD in decades and will encompass the area currently being referred to as Bays West, including Glebe Island and the White Bay Power Station. Served by a new Metro station just five minutes from the CBD, it will become one of the most populous suburbs in the Inner West and one of Sydney’s premier cultural destinations.

An early works program is taking shape, which&nbsp;includes the first stages of an international design competition.&nbsp;

The aim of the Bays West&nbsp;International&nbsp;Design Competition is to&nbsp;ensure design excellence is embedded in the project from the start. The competition will deliver an&nbsp;urban framework that defines the character, ambition and long-term identity of&nbsp;this&nbsp;former industrial precinct as it transitions to a vibrant, inclusive and sustainable residential&nbsp;neighbourhood.

The competition will be led by the Bays West Delivery Authority in partnership with Government Architect NSW.&nbsp;

It will launch with an invitation for a global Expressions of Interest, before moving to an invitation-only stage that will be assessed by a panel that&nbsp;will provide advice to Cabinet who will select a winner.

Premier of NSW, Chris Minns said the establishment of the new Authority is the first step in transforming the Bays West precinct into a vibrant, livable suburb minutes from the Sydney CBD and two stops from Hunter St Station on the Metro West line.

“The Authority will deliver well-located homes close to the heart of the city and integrate the new precinct with Blackwattle Bay and the new Sydney Fish Market.

“This is a generational opportunity to build a new suburb on the city’s edge and open the harbour foreshore to the public for the first time in a century.”&nbsp;

Minister for Lands and Property Steve Kamper said the new Bays West Delivery Authority established by the Minns Government will turbocharge the development of Sydney’s newest suburb.

“The Authority is working at a record pace to deliver an international design competition, planning pathways and a financial model so that this development benefits Sydney with well-designed homes in a central location, close to public transport, jobs, entertainment and essential services.

“If we want Sydney to stay liveable and affordable, we need to be bold about using underutilised government-owned land to deliver homes for the future while making sure essential working harbour functions can be accommodated.”

Bays West Delivery Authority established to "turbocharge" Sydney’s newest suburb

Around 400 additional homes could be built at Southwark Grounds on Port Road, lifting total site capacity from 1300 to around 1700 dwellings.

A recently approved code amendment would allow apartment towers of up to 14 storeys in some areas of Renewal SA’s redevelopment of the former West End Brewery.

Renewal SA Acting Chief Executive Shane Wingard said he welcomed the code amendment, with the increase in heights and homes making a positive impact on the supply of high-quality, well-connected housing close to the city.

“By going higher across some parts of Southwark Grounds, we are adding a substantial number of very well-located homes with little impact on project delivery time or planned open space,” Mr Wingard said.

Since the project officially launched in 2025, Mr Wingard said more than 12,000 enquiries had been received about living at Southwark Grounds.

“The very strong early interest we’ve seen since homes were first released in the precinct reinforces our plans to create more housing opportunities,” he said.

The Southwark Grounds code amendment was launched in December last year, with community engagement undertaken over five weeks from January.

It proposed increasing maximum building heights from eight to 14 storeys on the eastern section of Southwark Grounds, and to 12 storeys across the remainder of the site, with minimum building heights ranging from two to four storeys.

The code amendment was implemented through an Early Commencement policy in late January, allowing developers to quickly explore the viability of increased height and housing yield while other planning processes continue.

One of the first developers delivering apartment sites have already finalised redesigns to increase the number of apartments following the code amendment.

Samaras’ development adjacent to the future Colonel Light Park is now planning to deliver 125 apartments across 11 storeys, significantly greater than original plans of around 50 apartments across four storeys.

The developer is also exploring the potential for additional affordable housing outcomes.

Most of the apartments at Southwark Grounds will be delivered within a master-planned precinct on a large parcel of land on the eastern portion of the site, covering around two-thirds of its 8.4 hectares.

Wingard said detailed precinct planning over the coming months may identify further opportunities to increase yield further that could see total apartment numbers at Southwark Grounds, exceed this number.

Affordable homes at Southwark Grounds will also see a net increase, with Renewal SA maintaining its commitment to a minimum of 20 per cent affordable housing across the development.

&nbsp;

&nbsp;

Civil works have begun across the site, with construction under way on the first new roads surrounding a townhouse precinct in the south‑west corner of Southwark Grounds. This includes Renewal SA’s 17 Founder’s Row homes, which are on track for completion by Christmas.

“We expect to have people living at Southwark Grounds by the end of the year, so delivering roads and public spaces for those residents is among our highest priorities.”

Construction of 40 townhouses off Anderson Street, known as West Village and being delivered by Contour, is forecast to begin in mid‑2026. Kolabb’s Anderson Lane development will follow shortly after, delivering a further 26 townhouses.

Southwark Grounds is a state government‑led urban renewal project now set to deliver around 1,700 homes over the next decade.

Homes will be supported by a supermarket, a range of retail and hospitality offerings anchored by a revitalised Walkerville Brew Tower, a childcare centre, car parking and well‑connected public spaces.

400 new homes planned for Adelaide's former West End Brewery site

Brisbane developer&nbsp;<a href="https://www.apartments.com.au/developers/cavcorp">Cavcorp</a> has lodged plans for a new mixed-use residential development at <a href="https://www.apartments.com.au/new-apartments/55-wyandra-street-teneriffe-qld-4005">55 Wyandra Street</a>, Teneriffe, anchored by an 85-metre public laneway designed to reconnect the suburb’s riverfront with the Gasworks precinct.

The buildings, known as Teneriffe House and Teneriffe Lane, would replace the existing Queensland Cotton head office site with a 15-storey residential tower transitioning to eight storeys toward Helen Street. The project has been designed by Plazibat Architects and lodged as a code assessable development application for 93 apartments across a 3,401 sqm mixed-use site within the Newstead and Teneriffe Waterfront neighbourhood plan.

Central to the scheme is the transformation of an existing service easement into a publicly accessible cross-block connection linking Wyandra and Helen Streets. Cavcorp says the new laneway will act as both a pedestrian shortcut and a landscaped civic space between the Teneriffe Riverwalk, ferry terminal, and Gasworks precinct.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="26e7f058-b065-4de8-b13d-a2b8cb64dfcc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bldg.png?VersionId=sELS0ZKYi361oYipUa1BIKfe_.DLZoFV" />

“The revised proposal delivers a legacy public-realm cross-block link, permanently secured for community use, transforming an existing private easement into a safe, high-quality pedestrian connection between the Teneriffe heritage riverwalk and the Gasworks–Long Island precinct,” the planning report states.

The laneway will sit beneath a large subtropical loggia integrated into the podium levels of the development. The design incorporates deep landscaping, water gardens, lobby spaces, business lounges, and ground-floor apartments to create what Cavcorp describes as a climate-responsive “urban verandah.”

The tower itself has been designed as a slender form with recessed floorplates and curved translucent corners inspired by contemporary Japanese architecture. The building height aligns with the Commercial Road precinct controls, which permit towers up to 15 storeys within proximity to Longland Street.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="a8a17d40-43b6-4718-b3fd-67676fcbb485" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers%202_1.png?VersionId=i3VwDtp5AmL_8InW7w4qRbDFEpb744Jt" />

The project will comprise a mix of larger-format apartments aimed at owner-occupiers, downsizers, and families. The proposed apartment mix includes 11 loggia apartments across the lower levels, 50 four-bedroom Sky-Terrace apartments from levels three to seven, and 32 Sky-Pool Homes occupying the upper tower levels. The Sky-Pool Homes will feature private thermal plunge pools integrated into oversized balconies.

According to the application, the apartments are intended to reinterpret the scale and character of Teneriffe’s woolstore conversions and Queensland homes within a vertical residential format.

“The sky-pool homes build on Cavcorp’s previous projects and introduce a distinct apartment typology to Teneriffe, informed by both local and international precedent and responding to an identified market demand for enhanced safety, space and amenity,” the planning submission notes.

A major focus of the proposal is its five-level wellness and lifestyle offering, extending from the basement through to the rooftop.

Amenities proposed include a rooftop Swim &amp; Racquet Club with a 25-metre Olympic lap pool and tennis court, coworking spaces and libraries, golf simulators, wine storage, concierge facilities, business lounges, pet wash areas, and rooftop longevity-focused wellness spaces with spas, outdoor fitness zones, and landscaped terraces.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="944b352c-49b9-4247-a4c6-5967b4b69fda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenity.png?VersionId=Ed_qKjAtMwFT.5gfl3jiA9QwdWxSMsaX" />

All parking will be concealed within basement levels accessed from Wyandra and Helen Streets. Cavcorp says the deep-basement engineering approach allows the entire ground plane to prioritise landscaping, pedestrian movement, and active frontage rather than vehicle infrastructure.

The development continues Cavcorp’s concentration in Newstead and Teneriffe, where the Brisbane developer has delivered a number of apartment projects including Lucent, Le Bain, and Luminare, as well as the Long Island Wellness Precinct nearby. Several of those projects have received national design and architecture awards, including recognition under Brisbane’s “Buildings that Breathe” program.

Cavcorp unveils wellness-focused Teneriffe House and Teneriffe Lane apartment buildings

Focus Group Investments has lodged plans for a new apartment development at <a href="https://www.apartments.com.au/new-apartments/64-70-hanover-street-fitzroy-vic-3065">64–70 Hanover Street</a> in Fitzroy, seeking to utilise the Victorian Government’s recently introduced Great Design Fast Track pathway to accelerate approvals for the project.

The proposal is among the latest developments to emerge through the state-led initiative, which was established to fast-track well-designed residential projects in activity centres and transport-connected inner-city locations. The pathway allows qualifying developments that meet elevated design and housing benchmarks to bypass traditional council planning timeframes and instead be assessed directly by the Department of Transport and Planning.

Designed by SJB, the development will comprise a mix of apartments above activated lower levels, with a strong focus on architectural articulation, landscaping, and communal amenity. The design response seeks to balance the industrial character of Richmond’s former warehouse precincts with a more contemporary residential form.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="abea51cc-d85b-479e-9aef-a589f3b37ca7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ground.png?VersionId=e1Kf8EyPWwyiVumtqQ4rM5S4GpOR3CCz" />

Proposed are 63 new dwellings, a wide ranging mix of studio, one-, two-, and three-bedroom apartments, and townhouses and duplexes. They will be spread across a part-three, part-eight storey building.

The Planning and Urban Context Report by Tract says the development is of an "exemplary architectural standard" and has been carefully crafted by SJB Architects.

"Dwellings&nbsp;will benefit from excellent access to natural light, cross-ventilation opportunities and extensive communal space," the report noted.

The architectural material highlights the project’s integration of landscaped elements and communal spaces throughout the building. The proposal also incorporates sustainability initiatives aligned with the Victorian Government’s push for higher-performing apartment developments under the fast-track program.

The Great Design Fast Track was unveiled by the Victorian Government in 2024 as part of a broader housing supply strategy aimed at accelerating the delivery of new homes. Projects assessed through the pathway must demonstrate high-quality architecture, sustainability outcomes, and housing diversity while being located close to public transport and existing infrastructure.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="afdbe834-8dc4-4a77-a943-ba07bc927348" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_11.png?VersionId=0J657j.TaChAZfp93wqJYBTqSsnREJx2" />

Focus Group, founder and led by Paul De Lutiis, is increasingly active across Melbourne’s inner suburbs, targeting well-connected urban renewal locations suited to medium and higher-density residential development. The Fitzroy proposal continues that strategy, leveraging the area’s strong transport links, established retail amenity, and proximity to the CBD.

Fitzroy has been one of the most popular spots for developers and buyers in recent years. The likes of PACE Development Group, SMA Projects, Crema Group and Chapter Group, currently selling projects in the suburb.

First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Fitzroy apartments

Melbourne apartments

SQM Research has again advised the national residential rental vacancy rate continues to tighten, down at 1.8% from 1.9% in April.

The total number of vacancies Australia-wide now stands at 62,144 residential properties, down from 66,411 in April.&nbsp;

There were 76,600 vacant dwellings last December.

While they remain elevated, the latest fall in vacancy rates included the Sydney CBD down to 6.9% and Melbourne CBD to 8%.

[smartcode_project:default project_id=2905 project_image_fid=162743]

Sydney CBD briefly sat at 16 percent in May last year, and and its 6.9% current rate has only been matched on two prior occasions, briefly in 2019 and 2009.

Melbourne CBD&#39;s vacancy rate peaked last August at close to 11 percent, and its 8% current rate has only been matched on two prior occasions, briefly in 2010 and 2005.

The vacancy rates continuing to fall Australia-wide was &quot;forcing up in rents, particularly in regional locations,&quot; Louis Christopher, the boss of SQM noted.

&quot;This trend is likely to remain through the second half of the year, given the fierce competition for rental accommodation in many areas.&nbsp;

[smartcode_project:default project_id=2929 project_image_fid=137896]

&quot;We are still seeing falling vacancies everywhere from Victoria&rsquo;s Mornington Peninsula, the Gold Coast, right through to inland areas like the Murray Regions of NSW and South Australia to outback Northern Territory, along with Darwin, which is having the effect of boosting rents as tenants compete for rental homes.&nbsp;

&quot;However, vacancies rates rose for the NSW North Coast, as some renters headed back to town and we also saw a rise in vacancy accommodation in Perth, though the rate was unchanged.

&ldquo;In addition, in what is long-awaited news for landlords in the Melbourne and Sydney CBDs, vacancies rates have fallen there too.&nbsp;

[smartcode_project:default project_id=3490 project_image_fid=92411]

&quot;Those vacancy rates could begin a downward trend over the second half of 2021, particularly in Sydney, as life resumes relative normality.&nbsp;

&quot;However, the loss of international student tenants, along with unit oversupply, will keep vacancy rates relatively high as the COVID-19 pandemic continues.&rdquo;

Brisbane&rsquo;s vacancy rate fell to 1.3% in May from 1.4% in April, according to SQM Research.

It is note the tightest of capital cities as Perth, Adelaide, Canberra, Darwin and Hobart all have a vacancy rate below 1.0%.

Melbourne&rsquo;s vacancy rate fell to 3.7% in May from 4.0% in April.

Sydney dropped to 2.9% from 3.1%.&nbsp;

SQM Research calculates the national residential rental vacancy rate fell to 1.8% during from 1.9% in April

jchancellor

Sydney and Melbourne CBD landlords see further improvement in vacancy rates: SQM

Melbourne will see 34,250 new apartments completed over the next three years, according to Knight Frank&#39;s Australian residential development review.

The pipeline is well below the 42,250 recorded in the prior three year 2018-20 period.

Of the new Melbourne apartment projects, 24,125 are planned in inner Melbourne, 8,150 in the middle suburbs and 1,975 in the outer suburbs.

However the slowdown in apartment activity hasn&rsquo;t stopped Melbourne remaining the most attractive investment proposition for overseas developers and investors, who completed $185m in residential development site sales last year.&nbsp;

[smartcode_project:default project_id=29880 project_image_fid=161789]

This was the second year Melbourne led the national rankings with the total representing 53% of all international investment made in Australia in 2020 ($350m) and ahead of Sydney ($139m in 2020), Knight Frank&rsquo;s head of residential research, Michelle Ciesielski said.

&quot;Melbourne&rsquo;s residential development market is best described as being in a holding pattern in 2020, with significant compression in the volume of major sites purchased by developers, although we haven&rsquo;t seen any downward pressure on average values to date.

&ldquo;For new apartment schemes in Melbourne, there will need to be increased focus on wellbeing elements, functional gardens with dry and wet exercise areas in their design features &ndash; especially given the sheer amount of time Melbournians have spent lockdown in their homes.&rdquo;

[smartcode_project:default project_id=2881 project_image_fid=148829]

High-density developments accounted for 59.3% of total sales last year in Greater Melbourne, down from 69.4%.&nbsp;

Low density developments were also lower at just 15.2%.

&quot;This shift resulted in huge growth across Greater Melbourne for sites purchased for medium density development, accounting for 25.5% in 2020 in comparison to 4.9% the prior year,&quot; the report noted.

&quot;As part of this, medium density building approvals in Victoria increased slightly by 0.8% in 2020, to total 11,194 dwellings.&quot;

[smartcode_project:default project_id=600 project_image_fid=13472]

Greater Melbourne recorded $520m of high-density purchases last year, down 39% from 2019, with Box Hill, South Melbourne and Southbank seeing the greatest volume of high-density sales in 2020.

Knight Frank&#39;s director of investment sales in Victoria, James Thorpe said developers are expressing a strong demand for quality medium to lower density projects in core CBD fringe locations.&nbsp;

He also noted properties holding permits for higher density development are being considered for repositioning into the Build to Rent space.

&ldquo;Although Melbourne currently holds the highest number of BTR schemes in the pipeline, recent tax announcements by the state government could derail the momentum for this emerging as set class.&rdquo;

Greater Melbourne recorded $520m of high-density purchases last year, down 39% from 2019, with Box Hill, South Melbourne and Southbank seeing the greatest volume of high-density sales in 2020.

Of the new Melbourne apartment projects forecasted over the next three years, 24,125 are planned in inner Melbourne, 8,150 in the middle suburbs and 1,975 in the outer suburbs

Wellbeing will be the best pitch to buyers as Melbourne apartment pipeline shrinks: Knight Frank

Apartment buyers at Riverbank, the recently completed Abbotsford development on the banks of the Yarra River, will pay $0 stamp duty if they secure an apartment&nbsp;before June 30*.

The Melbourne development firm Salta Properties,&nbsp;one of Australia&#39;s largest privately owned companies, is matching the VIC government&#39;s 50 per cent stamp duty savings, which end at the end of June.

Riverbank&#39;s one- and two-bedroom apartments fall in to the criteria for stamp duty savings, only applied to apartments&nbsp;under $1 million.

The one-bedroom apartments at Riverbank&nbsp;start from $505,000, and two-bedrooms from $740,000.

[smartcode_project:default project_id=4136 project_image_fid=89831]

The nine-level building has been designed&nbsp;by&nbsp;SJB&nbsp;Architects and is finished with interiors by&nbsp;Sue Carr&nbsp;at&nbsp;Carr Design Group.

&ldquo;Our intention was to create a space that had a true sense of home but also a memorable atmosphere,&quot; Carr says.

&quot;We want the purchasers to feel the connection with the landscape beyond, with the building and their apartment becoming a welcoming sanctuary for them to take in all this development has to offer.&rdquo;

Each apartment has a sustainable 6+ energy rating and features Gaggeneau appliances in the kitchen, engineered oak floors and marble-effect stone.&nbsp;

Riverbank&nbsp;is one of two buildings at The Park House.&nbsp;

[smartcode_project:default project_id=4136 project_image_fid=156265]

Set on the Yarra River, Riverbank &ndash; The Park House is located near the&nbsp;Yarra Trail, Boat House and Tea Garden and Melbourne&rsquo;s best open-access golf course, Yarra Bend, around the corner.

The short commute to the city is convenient for residents, with&nbsp;tram routes 12 and 109 on the doorstep of Park House and North Richmond station just a short walk away.

Riverbank also features hotel-style amenities throughout the development.

There&#39;s the Club House, which comprises a residents&#39;&nbsp;lounge with fireplace, a Movie House, an eight-seater cinema room which can be hired privately, the Fitness Hub gym, The Swing golf simulation room and The Splash, the swimming pool that opens to the courtyards.

[smartcode_project:default project_id=4136 project_image_fid=156277]

* - Terms and conditions apply

[smartcode_project_cta: project_id=4136]

The nine-level building has been designed by SJB Architects and is finished with interiors by Sue Carr at Carr Design Group

Buyers pay $0 stamp duty at Riverbank in Abbotsford, as Salta matches VIC government offer until June 30

A former tea warehouse in Southbank is set to be transformed under the latest plans to build a new precinct.

The historic Robur Tea House site is set for a hotel, apartment, office, retail and dining hub with its buildings up to 25 storeys high.

The $89m proposal to surround historic Robur Tea House in Southbank with seven new buildings has yet to be considered by the City of &shy;Melbourne.

New buildings between three and 25 storeys tall would be built around it on the 2948 sqm plot.

Apartments are proposed for levels 16-25.

<a href="/developments/southbank-vic-3006"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/template_photoshop_southbank_0.jpg" width="1200" /></a>

Developer CostaFox Developments Pty Ltd bought the property for $28 million last year.

The Melbourne developer has a track record of incorporating historic buildings into new developments as in 2014, it won the Australian Property Institute heritage property award for its redevelopment of the former Art Deco Tip Top Bakery, in Brunswick East.

A 2017 application for a 39-storey development of the tea warehouse was rejected by Heritage Victoria.

The six-storey warehouse was built in 1889 at 28 Clarendon Street, then ranked for years after completion as the tallest structure outside of the Melbourne CBD.

CostaFox director Michael Fox told the realestatesource.com.au website that &ldquo;the plan was to create an international hotel with branded residences, a complete refurbishment of the old Tea House building that will include world class retail and hospitality offerings together with a new public realm and forecourt&rdquo;.

A former tea warehouse in Southbank is set to be transformed into a new precinct designed by Oslo architectural practice, Snøhetta

Former Southbank tea warehouse transformation back on the boil

The Peak is the latest Melbourne CBD development from the property developing Auriton Group.

The $102 million building, rising 140 metres above La Trobe Street, has been a landmark addition to the city skyline since its completion in mid-2020 due top its strikingly thin design.

The Peak homes 177 apartments across its 43 levels, with just four apartments per floor, resulting in each apartment having a corner aspect.

Urban has taken a look at five reasons why The Peak should be on a buyer&#39;s shortlist.

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1. The Location

The Peak is located at 141 La Trobe Street, on the quieter north-eastern side of Melbourne just off Carlton Gardens.

Within short walking distance of The Peak is the State Library Victoria, one of Melbourne&#39;s most impress heritage-listed buildings.

The transport options&nbsp;are immediate, with bus and tram stops located at the foot of the building.

2. The Value Proposition

The Peak has been reasonably priced given its location and apartment prices of surrounding apartment developments.

Nearby developments are selling between 20 per cent and 40 per cent higher than The Peak.

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The Peak is also located just off Spring Street, one of Melbourne&#39;s premier apartment addresses.

3. The Stamp Duty Savings

The Victorian Government announced in the budget that all apartments&nbsp;within the City of Melbourne that had been built for 12 months or longer would see $0 stamp duty paid by buyers.

The concession only applies&nbsp;for apartments under $1 million.

The Peak just falls in to the category, having finished construction just over 12 months ago. The most expensive apartments remaining in The Peak are the two bedrooms which max out at $767,000 for the biggest floorplates.

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4. The Architecture

The Peak was designed by the national architecture firm&nbsp;Plus Architecture.

&quot;The design focus was to create the highest quality of luxury apartment living with an engaging eastern fa&ccedil;ade providing uninterrupted views to Carlton Gardens and beyond,&quot; Plus Architecture advise.

&quot;The Peak is located at the very heart of Melbourne and forms a dramatic pinnacle within the urban fabric of the city.

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&quot;The striking eastern fa&ccedil;ade, comprising triangular forms and abstract shapes, creates a signature building in this part of town.

&quot;With its striking jagged peak towering above, the edge to the glass tower forms a sharp triangular point, framing views over the city skyline and Carlton Gardens beyond.&quot;

5. The Investment Potential

Since The Peak has been completed, and despite the raft of COVID-19 induced lockdowns, landlords have continued to see a solid take-up in the apartments held by investors.

There&#39;s currently long terms tenants in The Peak, as well as short-term, those who are seeking to stay in the Carlton Gardens location for a slice of the price as surrounding developments.

The pool of owner-occupiers and tenants tend to be the young professional demographic, who want to stay away from Melbourne&#39;s busier areas but still want to be within walking distance to the action.

Auriton are also offering a rental guarantee for investor purchasers.

The Peak homes 177 apartments across its 43 levels, with just four apartments per floor, resulting in each apartment having a corner aspect

Five reasons The Peak in Melbourne should be on a buyer's shortlist

The socially-conscious property developer&nbsp;Assemble are offering rental concessions for key workers in their Kensington project 393 Macaulay Road.

Seven apartments have been reserved exclusively for key workers as part of the Key Worker Program, which will offer a 20 per cent rental concession for those on a moderate income&nbsp;and work within the City of Melbourne or in surrounding suburbs.

The likes of school teachers, medical professionals, carers, social workers, emergency services, arts and culture, and hospitality and service industry workers fall in to the key worker category.

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Eligible key worker applicants will lease their apartments under the developer&rsquo;s innovative&nbsp;Assemble&nbsp;Futures housing concept and will receive a 20% rent concession&nbsp;for the total lease period of five years. At the end of the lease, applicants will have the option to purchase the property at an agreed price.

Assemble&nbsp;Managing Director, Kris Daff said&nbsp;that last year highlighted the vital role that key workers play in our society.

&quot;This is our opportunity to give back in a meaningful way,&quot; Daff said.

&quot;This includes frontline workers, such as our health and emergency services personnel, but also our local barista and the team working at the news agency.

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&ldquo;We have been collaborating with the City of Melbourne over the past three years to design our Key Worker Program that ensures our most essential workers have access to quality housing near their place of employment at a reasonable rental price,&rdquo; said Mr Daff.

Designed by Fieldwork, the apartment development comprises 73 apartments over eight levels and is located three kilometres north-west of Melbourne&rsquo;s CBD in Kensington.

The project topped out in March and will welcome residents toward the end of the year.

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393 Macauley Road was identified as one of Resilient Melbourne&rsquo;s&nbsp;Resilient Communities&nbsp;(an initiative of 100 Resilient Cities &ndash; pioneered by the Rockefeller Foundation).

Assemble are also developing a rent-to-buy apartment block in Brunswick.

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The current factory site at 4 Ballarat Street, Brunswick will be converted by architecture firm Fieldwork to home 171 studio, one, two and three bedroom apartments.

The built form takes inspiration from the Brunswick streetscape, with Fieldwork&rsquo;s design integrating raw materials such as corrugated iron, blue stone paving and concrete to create a timeless ribbed-textured &lsquo;patina&rsquo; exterior.&nbsp;

"This is our opportunity to give back in a meaningful way," Assemble Managing Director Kris Daff said.



Assemble reserve apartments for key workers and offer rental deductions at Kensington project

The Melbourne developer Keystone Property Group is offering investors in their new Footscray apartment development Ovation a guaranteed five percent yield for two years following the development&rsquo;s completion this time next year.

Investors have been creeping back into the property market in recent months, with investment activity across Victoria up 13.7 per cent in March.

Footscray ranks highly as an attractive investment proposition, with $1.2 billion committed to infrastructure, as well as the $1.5 billion investment granted to the redevelopment of the Footscray Hospital, where works began earlier this year.

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The western suburb is tightly held, with a vacancy rate of just one per cent, compared to the wider Melbourne vacancy rate of 1.9 per cent.

Population in Melbourne&rsquo;s west is also forecasted to rise by 180 per cent between 2016 and 2041.

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The Buckley Street development of 131 apartments designed by KUD has a walking score of 90, located just 300 metres from Middle Footscray Station, a tram which is less than 15 minutes in to the Melbourne CBD. Nearby there&rsquo;s also the popular restaurant and bar strips of Victoria Street and Barkly Street.

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Ovation will likely be appealing for student renters given its proximity to the nearby Victoria University, ranked in the top two per cent of universities in the world by Times Higher Education magazine. Just over 50 per cent of the popular of Footscray are aged between 20 and 39, considered to be an ideal renter demographic.

Keystone are also offering investors a free blinds package for their apartments.

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Investors have been creeping back into the property market in recent months, with investment activity across Victoria up 13.7 per cent in March

Keystone offer investors guaranteed rental yield at new Footscray apartment development Ovation

First home buyers have propped the real estate market up since the pandemic hit Australia last March.

A country-wide trend, Victoria saw 44 per cent more loan commitments to first home buyers over the 12 months to April.

And in attempt to gain the market share, astute developers&nbsp;are prepared to offer their own incentives to attract the growing cohort of buyers looking to get on the ladder for the first time.

In their latest Footscray apartment development Ovation, Keystone Property Group are offering first home buyers a free car when a buyer settles on a purchase of an apartment.

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Each first home buyer will be given a brand new Volkswagen Polo, valued at $25,000.

Entry level apartments in Ovation, the Buckley Street development designed by KUD Architects to reflect Footscray&rsquo;s industrial past, start from $367,500.

The one bedroom apartments with a car space start from $410,000.

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Two bedroom apartments are priced from $540,000, still well below Melbourne&rsquo;s growing $605,000 apartment median. There are a handful of three bedroom apartments, which span 143&nbsp;sqm, which start from $900,000.

There will be 131 apartments in the contemporary building set in a prime location within walking distance to Middle Footscray Station.

Completion of Ovation is slated for mid-2022.

Astute developers are acutely aware of the impact first home buyers have on the off the plan property market, and are prepared to offer their own incentives



First home buyers at Ovation Footscray given free car on purchase

The Fabric in Melbourne&#39;s Altona North presents a vibrant master-planned community of townhouses in an ideal location.

Located just nine kilometres from Melbourne&rsquo;s CBD and 2.5 kilometres cycling distance from Newport train station, the Mirvac development prioritises convenience.

&ldquo;Living at The Fabric means being immersed in the best education, dining, shopping and outdoor options that the Inner West has to offer&rdquo;, the project marketing reads.

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Designed by the Mirvac in-house design team, the community boasts unique architecture, private gardens and beautiful open spaces to meet up with family and friends or to explore on your own.

Mirvac&rsquo;s consideration of how residents live in their home is reflected in every design decision.

Urban takes a look at three floorplan configurations that are still available at The Fabric.

1. The Angora 
Lot 57 available from $990,000

<a href="/new-townhouses/the-fabric-altona-north-188-198-blackshaws-road-altona-north-vic-3025"><img alt="" height="980" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-06-08_at_12.44.07_pm.png" width="694" /></a>

The Angora townhome offers a convertible living option, delivering either four bedrooms or three bedrooms with a second living zone.

With a total area of 238sqm, this floorplan offers seven-star family living and is conveniently located directly across from the Patchwork Park.

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Patchwork Park will offer green open spaces, playgrounds, BBQ facilities and a communal herb garden for residents and be the central heart of this soon to be thriving community.

2. The Bedford 
Lot 61 available from $920,000

<img alt="" height="1754" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_bedford.jpg" width="1240" />

Another townhouse situated just moments from the lush Patchwork Park is the Bedford configuration.

The three-bedroom, two-bathroom property includes two secure garage parking spaces, and an abundant open-plan living and dining area.

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With a total area of 240sqm, the home boasts a courtyard and balcony with park views, and the master bedroom features an ensuite and walk-in robe.

3. The Zephyr 
Lot 82 available from $695,000

<a href="/new-townhouses/the-fabric-altona-north-188-198-blackshaws-road-altona-north-vic-3025"><img alt="" height="882" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-06-08_at_12.46.15_pm.png" width="854" /></a>

&ldquo;The Zephyr townhome is perfect for any first home buyer, offering two bedrooms, open plan living and dining space and a secure garage park&rdquo;, Mirvac said.

The home enjoys a northern aspect, expansive first-level balcony and easy access to Patchwork Park.

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Set on a total area of 150sqm, the Zephyr boasts intelligent and flexible design solutions, prioritising functionality.

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Mirvac’s consideration of how residents live in their home is reflected in every design decision

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Floorplan focus: A look at the townhouse layouts at The Fabric in Altona North

ASX-listed developer AVJennings is matching the government stamp duty concession on all Piper Townhomes for those who buy before the end of June.

Piper is a boutique collection of 14 modern, low-maintenance townhouses in the stunning bayside suburb of Williamstown.

[smartcode_project:default project_id=102256 project_image_fid=163752]

The development references Williamstown&rsquo;s well-known local personality Richard Piper, the postmaster&nbsp;of the Williamstown Post Office during the mid-nineteenth century.

&ldquo;With a rich maritime history, this picturesque suburb is situated within Hobson Bay and offers cafes, restaurants, supermarket, shops, swimming beaches and renowned boating clubs&rdquo;, the project marketing reads.

Residents can secure one of nine three-bedroom homes facing Nelson Place, an extension of the neighbouring Lonsdale and Lysander townhomes at Waterline Place.

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According to the developers, the vision for Waterline Place is to be &ldquo;a village within a village&rdquo;. It will be home to approximately 500 residences and feature a series of green, active and pedestrian-friendly streets and laneways.

Featuring bluestone and an angled roofline that pays homage to Williamstown&rsquo;s industrial past, the three-bedroom homes blend in with the established character of the area.

With full-height windows, clever storage solutions and a large living area that opens into a room-sized balcony, these larger residences are ideal for couples, young families and downsizers.

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The five two-bedroom, two-bathroom terraces fronting Waterline Place are designed for first time buyers or couples looking for intelligent layouts.

Delivering a compact design, the two-bedroom townhomes include a ground-floor study, living room, under-stair storage and a single-car garage.

Prices for the homes in the Piper collection start from $830,000 and reach up to $1,495,000 for a three-bedroom, 3.5-bathroom property.

[smartcode_project:default project_id=102256 project_image_fid=163752]

For residents who purchase the off-the-plan residence before 30th June, AVJennings will pay a rebate at settlement to the same value as the government concession.

The development is expected to reach completion in mid-2022.

About the developer

AVJennings is a leading residential property development company that has been part of the Australian landscape for more than 85 years.

With over 12,700 lots in its portfolio, the company has experience in home building, land development, pre-planned integrated housing and medium density activities.

Other projects by AVJennings include <a href="/developments/bethania-qld-4205">Parkside, a townhouse project in Queensland&rsquo;s Bethania</a>. 
[smartcode_project_cta: project_id=102256]

For residents who purchase the off-the-plan residence before 30th June, AVJennings will pay a rebate at settlement to the same value as the government concession

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