<p>Around 400 additional homes could be built at Southwark Grounds on Port Road, lifting total site capacity from 1300 to around 1700 dwellings.</p>

<p>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.</p>

<p>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.</p>

<p>“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.</p>

<p>Since the project officially launched in 2025, Mr Wingard said more than 12,000 enquiries had been received about living at Southwark Grounds.</p>

<p>“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.</p>

<p>The Southwark Grounds code amendment was launched in December last year, with community engagement undertaken over five weeks from January.</p>

<p>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.</p>

<p>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.</p>

<p>One of the first developers delivering apartment sites have already finalised redesigns to increase the number of apartments following the code amendment.</p>

<p>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.</p>

<p>The developer is also exploring the potential for additional affordable housing outcomes.</p>

<p>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.</p>

<p>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.</p>

<p>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.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>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.</p>

<p>“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.”</p>

<p>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.</p>

<p>Southwark Grounds is a state government‑led urban renewal project now set to deliver around 1,700 homes over the next decade.</p>

<p>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.</p>


Joel Robinson

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

<p>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.</p>

<p>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.</p>

<p>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.</p>

<p><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" /></p>

<p>“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.</p>

<p>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.”</p>

<p>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.</p>

<p><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" /></p>

<p>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.</p>

<p>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.</p>

<p>“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.</p>

<p>A major focus of the proposal is its five-level wellness and lifestyle offering, extending from the basement through to the rooftop.</p>

<p>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.</p>

<p><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" /></p>

<p>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.</p>

<p>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.</p>


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

<p>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.</p>

<p>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.</p>

<p>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.</p>

<p><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" /></p>

<p>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.</p>

<p>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.</p>

<p>"Dwellings&nbsp;will benefit from excellent access to natural light, cross-ventilation opportunities and extensive communal space," the report noted.</p>

<p>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.</p>

<p>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.</p>

<p><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" /></p>

<p>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.</p>

<p>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.</p>


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

<p>The Gold Coast Planning Committee has supported the preliminary approval for the Benowa Gardens Urban Village project following an extensive community consultation and assessment process.</p>

<p>The proposal will now proceed to a full council vote on June 2.</p>

<p>The application sought approval for a masterplanned urban village on the existing Benowa Gardens Shopping Centre site, combining new housing, retail, dining, health and lifestyle amenities within a walkable, integrated precinct.&nbsp;</p>

<p>The proposed redevelopment includes around 413 apartments integrated above a revitalised mixed-use centre featuring a full-line supermarket of 4,000 sqm, 6,000 sqm of specialty retail and dining space across around 30 retailers, a 7,000 sqm health and wellness precinct, and roughly 9,630 sqm of office and medical suites.&nbsp;</p>

<p><img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="fb36ae47-80bc-45f0-9914-31b0c7b6007d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/PR26576%20Ashmore%20Road%20C4%201121%20FI.jpg?VersionId=6mRKk2uU4r67TmTt39DKGUlvFRbTVqWa" /></p>

<p>The broader masterplan also includes very significant traffic and transport improvements, wide pedestrian walkways, upgraded pedestrian and cycle connections, and enhanced public areas designed to create a more connected and walkable community environment.&nbsp;</p>

<p>Centre owner Patrick Lu said the milestone reflected months of detailed planning, technical assessment and ongoing communication with local residents, businesses, schools and stakeholders.</p>

<p>“We appreciate the time, consideration and care Council officers and the Planning Committee have given this proposal throughout the assessment process,” Lu said.</p>

<p>“We also sincerely thank the local community for engaging with us, sharing feedback and participating in the consultation process over many months.</p>

<p><img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="32fd1fc3-d0e6-485f-ac57-9916c9bcb818" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/PR26576%20Ashmore%20Road%20C5%201121%20FI_2.jpg?VersionId=fz8qQKDBLQ7MyFRc856Zccfbh9nFwLOe" /></p>

<p>“We understand projects of this scale bring questions and concerns, which is why we have worked hard to listen carefully, provide information transparently and continue refining elements of the proposal where possible.</p>

<p>“Our vision has always been to create a well-designed, community-focused urban village that responds to the changing needs of the Gold Coast, while delivering improved amenity, housing diversity, healthcare access and local lifestyle benefits.</p>

<p>“This proposal is about creating a genuine live-work-play environment where residents can access everyday services, schools, healthcare, dining, shopping and green space within walking distance, while also supporting local jobs and economic activity.”</p>

<p><img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="50dfbd04-590e-4fc6-983b-766880947867" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Dining%20Day%20Time%20-%20High%20Resolution.jpg?VersionId=BP7ZoKJ0DdL_8iRkkC8VVx99moICV6kg" /></p>

<p>Lu said the proposal had evolved significantly through consultation and technical review, particularly around traffic, pedestrian and student safety and neighbourhood connectivity.&nbsp;</p>

<p>Melissa Griffin, Director at Urbis, said the recommendation recognised the strategic importance of delivering more housing and services within established urban areas already supported by infrastructure.</p>

<p>“This proposal represents the type of thoughtful, integrated growth that planning frameworks across South-East Queensland are encouraging,” Ms Griffin said.</p>

<p>“The project seeks to place housing, retail, healthcare and employment opportunities together in a highly accessible location close to schools, transport and existing services.</p>

<p>“Importantly, the process has involved significant technical assessment and community engagement to ensure local issues and feedback were properly considered throughout the planning pathway.”</p>


$1 billion Benowa Gardens Urban Village heads to council vote following Planning Committee support

<p>Surfers Paradise is officially set for its first new residential development with a 45-storey skybridge connecting the two towers.</p>

<p>John Camilleri’s Celestino Developments has been given the green light by the Gold Coast City Council to develop its major beachfront precinct across its huge 4,000 sqm oceanfront site at <a href="https://www.apartments.com.au/new-apartments/63-79-garfield-terrace-surfers-paradise-qld-4217">63–79 Garfield Terrace</a>, just five months after its <a href="https://www.apartments.com.au/news/qld/first-look-exclusive-billionaire-winx-breeder-s-bold-two-tower-surfers-paradise-play-with-45th-storey-skybridge">submission in late 2025</a>.</p>

<p>The approved scheme will deliver two towers rising 55 and 48 storeys, connected by a skybridge positioned on level 45 that will house a range of resident-only wellness and entertainment spaces.</p>

<p>In its notice of approval, the Gold Coast City Council said the&nbsp;proposed overall built form has been designed to complement the scale, intensity and protect the adjacent amenity and surrounding streets through the use of varied setbacks, site cover and architectural elements.</p>

<p><img alt="First look exclusive: Billionaire Winx breeder’s bold two-tower Surfers Paradise play with 45th-storey skybridge" 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%202025-12-30%20at%209.53.48%E2%80%AFAM.png?VersionId=ADyPJ_TFbJvSU9wZFOiCBnlPtgF7VWqW" /></p>

<p>Designed by <a href="https://www.apartments.com.au/architects/dbi">DBI</a>, the development will comprise 275 apartments across the two towers, including a mix of two-, three-, and four-bedroom residences, as well as several penthouses. The apartments will sit above a landscaped podium featuring more than 90 metres of beachfront pool frontage, private resident lawns, lounges, and wellness spaces.</p>

<p>DBI said the design draws heavily from the movement and form of the coastal environment, with curving balcony lines and sculpted façades intended to soften the scale of the towers while maximising ocean outlooks and passive shading outcomes.</p>

<p>“The project occupies a rare, uninterrupted oceanfront site and has been shaped by a design philosophy that merges architectural elegance with environmental responsiveness and a carefully curated lifestyle experience,” DBI said in planning documents submitted to the Gold Coast City Council.</p>

<p>The most distinctive element of the approved project is the skybridge linking the two towers at level 45. The elevated communal space is planned to include executive lounges, formal dining areas, wellness facilities, and panoramic ocean-facing outlooks.</p>

<p>“The skybridge enhances the identity of the development, promotes social interaction, and delivers a lifestyle experience not found elsewhere on the Gold Coast,” DBI said.</p>

<p>At podium level, residents will have access to a suite of resort-style amenities, including resident lounges, private dining rooms, a yoga lawn, gymnasium, plunge pools, and treatment spaces. The beachfront pool has been designed with separate lap, lounge, and children’s areas extending across the width of the site.</p>

<p>The project will also introduce new food and beverage offerings along the Enderley Avenue and Oceanway frontages, contributing additional activation to the beachfront precinct.</p>


First look: Winx billionaire’s beachfront Surfers Paradise apartment development greenlit

Melbourne

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<div>EXPERT OBSERVER</div>
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<div>An intriguing set of building activity figures as ever for the March 2018 quarter. </div>
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<div>The most interesting point of note was how thousands of building approvals in the Victorian pipeline were kicked off as dwelling starts in the first three months of the calendar year (recall how Melbourne saw nearly 10,000 townhouses and apartments approved in only a two-month period in October and November last year).</div>
<div> </div>
<div>In New South Wales, on the other hand, there are more houses and apartments approved but not yet commenced than ever before, as developers grapple with tighter financing and languishing apartment pre-sales. </div>
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<div>Following on from the above, there was a near-explosion in the number of quarterly dwelling commencements in Victoria, to a seasonally adjusted 22,150, well over double the equivalent figure from a decade earlier.<br><br>Melbourne's population growth has been tracking at record highs, and demand for housing is high.</div>
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<div>This alone was significant enough to send the national trend for dwelling commencements northwards. </div>
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<div>In Queensland more houses are being commenced in response to strong demand from interstate migrants, but the number of attached dwelling starts continues to moderate as the Brisbane apartment market rebalances. </div>
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<div><strong><span style="text-decoration: underline;">Pipeline is enormous</span></strong></div>
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<div>The number of residential dwellings units under construction also increased as a result of the Melbourne building boom to more than 224,000, a record high.</div>
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<div>You can also see the leap in Victorian attached dwellings under construction to a record level, while Sydney completions are now finally raining in, which should result in a spike in vacancy rates in the harbour city as the year rolls on. </div>
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<div>Both the value of building work to be done ($71.4 billion) and total building work in the pipeline ($95.8 billion) are at all-time highs in current prices terms. </div>
<div> </div>
<div>The big question mark is how many of the buyers of off-the-plan apartments will be unable to settle, especially if more valuations at settlement start to come in at under the contract price. </div>
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pwargent-M4siyDbqQY

Melbourne's population growth at record highs makes for strong demand for housing: Pete Wargent

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<div>Interesting figures from SQM Research showed rental vacancies in Melbourne rising to 27,070 in October 2020, due to the lockdown.</div>
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<div>That's a vacancy rate of 4.4 per cent, and well up from only 11,882 rental vacancies a year earlier.</div>
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<div>SQM Research reported that the vacancy rate was most acute in Melbourne's CBD, at 10.6 per cent.</div>
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<div>The 6mMA figures showed that rental vacancies in Sydney have begun to level off.</div>
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<div>Rental vacancies in Brisbane continued to ease lower, down to 6,912 from 7,950 a year earlier.</div>
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<div>More than 400,000 Australians have returned home this year, which might go some of the way to explaining low rental vacancy rates in Perth, Canberra, Hobart, Adelaide, and Darwin, all of which now have tight vacancy rates of under 1 per cent.</div>
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<div>Consumer confidence lifted again to a 9-month high.</div>
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Melbourne rental vacancies rise to 27,000 as lockdown lifts: Pete Wargent

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<p>Stockland, one of Australia’s largest diversified property groups, has opened its latest display village at Cloverton to the public.</p>

<p>Currently viewed by appointment only, the display home village features 21 inspiring homes from 11 of well-known Melbourne home builders. Stockland are hoping to add to the existing 2,000 residents already living in the Kalkallo community with a plethora of first home buyers looking to take advantage of the HomeBuilder Grant that was recently extended to March 31 2021.</p>

<p>“Cloverton is set to be the future city of Melbourne’s north. The community is already flourishing with three parks, a popular café, an early learning centre and a primary school set to open in 2022. There’s plenty on offer now and into the future for our community,” Stockland Project Director, James Westh said.</p>

<p>The 21 homes in the display village have been built by 11 different builders including: Porter Davis, Metricon, Carlisle Homes, Simonds, Eight Homes, Bentley Homes, Mimosa Homes, Home Group, Homebuyers Centre, Boutique and ABC Homes.</p>

<h2>Other Stockland Developments</h2>

<p>Waterlea, Rowville</p>

<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/waterlea.png" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="324" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/waterlea.png?itok=Av8aT59w" width="580"></a></figure><p>Another community project by Stockland is Waterlea, a sustainable 6 Star Green Star urban community. Set in 40 plus hectares of natural habitat and green open spaces, the neighbourhood sits at the foot of the Dandenong Ranges in Melbourne’s southeast suburb of Rowville. </p>

<p>It has been designed by the Group GSA Architects.</p>

<p>Haven, Altona North</p>

<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/haven.png" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="289" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/haven.png?itok=8JYHOjlq" width="580"></a></figure><p>Other Stockland projects include Haven in Altona North, comprised of two, three and four bedroom townhouses designed by SJB architects. It has prices ranging from $605,000 - $805,000 available for purchase off the plan.</p>

<p>Another, is the Terraces at Minta in Berwick (pictured below), 46 residences set for completion in 2021 with a lower price point of $450,000 - $550,000 making both these projects eligible for the extended HomeBuilder Grant.</p>

<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/minta_terraces.png" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="344" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/minta_terraces.png?itok=1ZtqlPhe" width="580"></a></figure>
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The display home village features 21 inspiring homes from 11 of well-known Melbourne home builders.

urban.com.au

Stockland's new Kalkallo community display village opens in Cloverton

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<p>Riverlee’s $500 million mixed-use Seafarers project have released their waterfront residences with prices beginning from $1.9 million.</p>

<p>Works commenced on the riverfront precinct in early October, endorsed by the Victorian Government, with the development set to become Melbourne’s first international hotel-branded residence.</p>

<p>Situated next to the Mission to Seafarers on the northern bank of the Yarra River, the project is a welcome boost to Melbourne’s local economy as it looks to rebound from COVID-19.</p>

<p>The riverfront precinct will be Australia’s first 1 Hotel, offered by luxury-lifestyle brand 1 Hotel &amp; Homes.</p>

<p>Designed by Fender Katsalidis, it will include 123 luxury residences, 277 guest rooms, a lobby lounge bar and world class event venue.</p>

<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/seafarers_kitchen_-_light_scheme_-_artist_impression.jpg" rel="gallery-all" title="Seafarers. Courtesy of BINYAN studios."><img alt="" class="image-article-full-width-580px" height="348" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/seafarers_kitchen_-_light_scheme_-_artist_impression.jpg?itok=Ma5igXoj" title="Seafarers. Courtesy of BINYAN studios." width="580"></a>

<figcaption>Seafarers. Image supplied by BINYAN studios.</figcaption></figure><p>Residents are offered the experience of five-star hotel services and amenities, year-round, as well as food and beverage offerings and a 3,500sqm park and a state-of-the-art health centre situated within the new precinct.</p>

<p>At Seafarers, residents will be able to take advantage of 1 Hotel’s services, including private catering, in-room dining, indoor heated pool, 24-hour concierge and valet parking.</p>

<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/seafarers_porte_cochere_-_artist_impression.jpg" rel="gallery-all" title="Seafarers. Courtesy of BINYAN studios."><img alt="" class="image-article-full-width-580px" height="372" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/seafarers_porte_cochere_-_artist_impression.jpg?itok=wm7iEmol" title="Seafarers. Courtesy of BINYAN studios." width="580"></a>

<figcaption>Seafarers. Image supplied by BINYAN studios.</figcaption></figure><p>Park-front and city residences are priced from $1.225 million.</p>

<p>Other amenities include a rooftop garden, library, residents’ lounge and dining rooms, all operated and maintained by 1 Hotel.</p>

<p>Seafarers Residences centres on the reimagining of the heritage-protected Goods Shed 5, where heritage restoration works have commenced. Key elements of Goods Shed 5, such as the roof trusses, doors and windows will be taken offsite for remediation and returned during the construction phase.</p>

<p>Melbourne’s last remaining original electric crane will also be restored and relocated to the east end of the development site.</p>

<p>The project is slated for completion in 2023.</p>
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max.kwok_55688

Waterfront Yarra River residences listed from $1.9 million at Seafarers

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<p>Melbourne’s inner west has been earmarked as a top buying target by property experts for the last few years.</p>

<p>Footscray, one of Melbourne’s inner-western suburbs with countless ongoing development projects, is a similar distance from the CBD as South Yarra but without the soaring property prices.</p>

<p>Realestate.com.au chief economist Nerida Conisbee said that the inner-west region is still quite cheap and is "starting to improve”.</p>

<p>According to CoreLogic, West Footscray was amongst Melbourne's best performing suburbs post-GFC, with values rising over 30 per cent between 2008 and 2011. </p>

<p>Here are two apartments in Footscray:</p>

<p><strong>1. Live City</strong></p>

<p><iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="373" src="https://www.youtube.com/embed/xpaJ47H4tRg" width="540"></iframe></p>

<p>The residential and mixed-use development, Live City, will only push Footscray’s value upward.</p>

<p>Delivered by R&amp;F Property, the $750 million, eight-building project is situated at 124-128 Ballarat Road and is set to offer as many as 1,450 apartments over the next six to eight years. Stage one of the development topped out in August, comprising 208 residences spread across 14 floors.</p>

<p>Designed by Elenberg Fraser, apartments are available in one, two and three-bedroom configurations, with features including a private balcony, views of the Melbourne CBD and expansive glass doors. Other offerings include reconstituted stone benchstops, concealed storage, timber flooring and premium appliances.</p>

<p>One bedroom apartments within the project begin at $350,000, with two-bedrooms priced from $460,000.</p>

<p>You can watch Urban’s tour of Live City’s display suite below:</p>

<p><strong>2. Liberty One</strong></p>

<p><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/liberty-one-1-warde-street-footscray-80d23a56ab6a84323838187b6698c977.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="314" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/liberty-one-1-warde-street-footscray-80d23a56ab6a84323838187b6698c977.jpg?itok=Uv8ifB1F" width="580"></a> <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/liberty-one-render-footscray-ea02-rooftop-outdoor-dining-and-bbq.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="318" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/liberty-one-render-footscray-ea02-rooftop-outdoor-dining-and-bbq.jpg?itok=Z2dieoCF" width="580"></a></p>

<p>Another property to watch in Footscray is Bensons Property Group’s Liberty One development on 1 Warde Street. The development offers 350 one and two-bedroom residences.</p>

<p>Designed by CHT Architects, Liberty One’s features include premium oak floors, stone benchtops, high-end kitchen appliances and private balconies.</p>

<p>Located within the Joseph Road Precinct, the project offers residents close access to alfresco dining and retail spaces, as well as amenities such as an outdoor cinema, gym and residents’ lounge.</p>

<p>Newly built or off the plan properties up to $1 million in purchase price receive 50 per cent discount on their payable stamp duty thanks to Victorian Government initiatives. The November 24 budget revealed substantial discounts for buyers purchasing properties prior to June 30.</p>

<p>One-bedroom apartments in the project begin at $396,000, with two-bedroom properties from $630,000.  </p>
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Footscray, an affordable inner-west suburb of Melbourne, is a similar distance from the CBD as South Yarra and sits within an area earmarked by property experts as long-term price gain potential 

New developments to secure in Melbourne's Footscray

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<p>661 Chapel St is Melbourne's new residential development, setting a benchmark for luxury living in the Victorian capital.</p>

<p>Delivered by Gamuda Land, the 30-storey tower provides 127 apartments in one, two, three and four-bedroom configurations. Situated beside the Yarra River, 661 Chapel St is located within minutes of the Melbourne CBD, parklands, elite shopping and dining precincts. It is located next to Melbourne High.</p>

<p>Completed this year, the project is slashing stamp duty costs by up to 50 per cent as well as generous government grants and incentives for new home buyers and first home buyers.</p>

<p>661 Chapel St gives buyers the rare opportunity to combine two apartments to create a single, large residence with some buyers choosing to snap up entire floors and create “super residences” in the sky.</p>

<p><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/661-chapel-st-hero_3.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="290" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/661-chapel-st-hero_3.jpg?itok=P9kaU23b" width="580"></a></p>

<p>Among its extensive hotel-inspired resident amenity, the South Yarra project includes a concierge, gym, members lounge and winter garden. Located on its ground floor, residents will also have access to an onyx-windowed, grand library and boardroom. A 25-metre heated pool, cantilevered six levels above Chapel Street and supported by a single beam, rivals the neighbouring hotel pool at The Olsen.</p>

<p>Captivating the interest of art aficionados, the project's marketing indicated that Damien Hirst, the creator behind the $100 million For the Love of God skull, had been engaged in constructing a sculptural walk upon entry, inspired by international galleries. </p>

<p><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/sculpture.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="385" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/sculpture.jpg?itok=JcPQ9XB4" width="580"></a></p>

<p>Marketing advised that the artwork would be displayed alongside a spectacular lighting installation by Omer Arbel.</p>

<p>Designed by bird de la Coeur, apartments in the project offer open interiors, large balconies and floor-to-ceiling windows with views of the Melbourne CBD, Yarra River and the Bay.</p>

<p><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/_dms0222_photoshop_low_res_large.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/_dms0222_photoshop_low_res_large.jpg?itok=v96E39ye" width="580"></a></p>

<p>One-bedroom homes in the project begin from $546,000 while four-bedroom apartments are valued at over $5 million. Each residence includes a suite of designer fixtures and stone and timber finishes.</p>
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661 Chapel St is Melbourne's new residential development, setting a benchmark for luxury living in the Victorian capital

A look at South Yarra's 661 Chapel St

<html><body><p>Through to November, there have been signs of an economic and property market uplift in Victoria, according to the latest data from CoreLogic.

This follows a decline in Melbourne dwelling values, which are sitting 5.0% below the record high value reached in March 2020.

New listings across Melbourne rose from 2,756 in the month of September, to over 8,000 in November. Meanwhile, sales activity rose from 1,546 to an estimated 4,301. This means the increase in sales activity has not matched the big increase in stock on the market, which may have a dampening effect on the recovery of the Melbourne market.

The Melbourne rental market has been particularly impacted by the pandemic. This may also end up impacting property values, and CoreLogic data suggests larger dwelling value declines are correlated with declines in rent values.
"Nationally, housing market values did not see the large decline anticipated at the start of the COVID-19 pandemic. Housing values fell just 1.9% between March and September before moving into a recovery trend, increasing 0.4% nationally through October and 0.8% in November," Eliza Owen, CoreLogic’s Head of Research Australia said.

"Relative to previous housing market downturns, the current decline through to November seems relatively mild, with dwelling values just 0.7% below the pre-COVID levels. There are numerous factors which have contributed to the prevention of a larger downturn in dwelling values including the institutional, coordinated response to the pandemic, which have seen low borrowing costs, added incentives for first home buyers and the extension of mortgage repayment deferrals limiting forced sales."

"Despite an initial slump in housing finance through the beginning of the year due to the COVID-19 pandemic, the year to October saw a remarkable 14.5% lift in the volume of finance secured for the purchase of property, according to ABS lending indicators."

"The post-COVID mortgage lending boost was driven by owner-occupiers including changeover buyers such as upsizers and downsizers, as well as buyers getting into the property market for the first time."

"Money lent to first home buyers saw the fastest growth rate at 35.1% in the year to October, accounting for 22.1% of lending, up from 18.8% in the year prior. Meanwhile, investor mortgage lending increased less than 1% in the same period. There are several factors that contributed to this growth in first home buyer activity, including generational trends, monetary and fiscal incentives and lower dwelling values and competition," she concluded.</p></body></html>

Through to November, there have been signs of an economic and property market uplift in Victoria, according to the latest data from CoreLogic.

Despite a recovery, Melbourne property values remain 5% below peak

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<p>Unit rents in Sydney and Melbourne continue to fall reflecting continued high vacancy rates notably in inner city and CBD markets that are under pressure from sharply reduced demand and surging supply particularly from previous holiday accommodation now converting to the permanent market. Conversely house rents are on the rise Indicating perhaps Increased demand for larger, outer suburban homes.</p>

<p>Sydney average asking rents for units fell by 2.3% over November but rents for houses Increased sharply by 2.5%. Perth rents continue to rise for both houses and units. Capital city rental markets continue to report diverging results with significantly lower and falling vacancy rates for houses offset by higher rates for units. This reflects sharply falling demand and increased supply of units - particularly in inner-city Sydney and CBD Melbourne.</p>

<p><strong>HOUSE AND UNIT RENTAL VACANCY RATES </strong></p>

<p>Reflecting rent declines In the unit market, vacancy rates continue to Increase In Melbourne and Sydney - remaining at record levels. Vacancy rates for houses are significantly lower in all capitals by comparison with units and likely to continue to place upward pressure on rents.</p>

<p><strong>HOME LOANS </strong></p>

<p>ABS home lending data reported another Increase over October with owner-occupier loans continuing at unprecedented levels. Total residential lending increased by 1.1% over October and has risen by 16.8% over the first 10 months of this year compared to the same period In 2019. All buyer types reported increases over October however, remarkably, lending for first home buyers now exceeds that reported for Investors. All states, with the exception of Victoria reported Increases In the total value of housing loans approved over October. Similarly, only Victoria failed to record an Increases In first home buyer lending over October, falling by 5.9%.</p>

<p>Although lending for first home buyers has surged this year driven by numerous state and federal government Incentive policies, levels remain well below those recorded during the post GFC revival period In 2009-10. Lending for new home building continues to be a significant contributor to the recent surge In home lending reflecting In particular the Impact of the recently extended federal government HomeBuilder policy.  Victoria continues to clearly record the highest number of loans for home building followed by QLD and WA.</p>

<p><strong>HOME BUILDING </strong></p>

<p>The surge In lending for home building Is also been reflected In rising house building activity over recent months. Latest ABS building approvals for October were however lower in Sydney and Melbourne over the month but significantly higher In Brisbane and sharply higher In Perth.  Despite recent rises In home building approvals, underling levels, particularly for units, remain well below previous peak levels.</p>
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Unit rents in Sydney and Melbourne continue to fall reflecting continued high vacancy rates notably in inner city and CBD markets, according to Archistar's Chief Economist Andrew Wilson.

Unit rents continue to fall across Melbourne and Sydney

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<p>There are $5.5 million to $6 million hopes for the historic Melrose, the 1875 Victorian era home Harkaway.</p>

<p>Melrose was built for the late Australian health economist John Deeble on land subdivided from the original Berwick Run squatted by Robert Gardiner.</p>

<p>In 1938 it became the Try Boys' Home, a training farm for disadvantaged youth.</p>

<p>It was resorted during the 1960s ownership by Noel and Marlene Gould, with the help of architects Whitman and Peck.</p>

<p><img alt="" height="1268" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/melrose_4.jpg" width="2000"></p>

<p>The house has far-reaching views towards Port Phillip and Western Port Bay, and at night the lights of Melbourne twinkle in the distance.</p>

<p>The home remains on eight hectares of grounds featuring a pool, a tennis court, a self-contained apartment, horse stables and 10 divided paddocks.</p>

<p><img alt="" height="1393" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/melrose_2.jpg" width="2000"></p>

<p>There is also an orchard with more than 150 fruit trees, plus a chicken roost and an original well.</p>

<p>The property has been listed through Barry Plant Berwick agent Paul Dabb.</p>

<p>It was last sold 12 years ago at $2.475 million.</p>

<p><img alt="" height="1351" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/melrose_3.jpg" width="2000"></p>

<p>At its 1990 auction historic Melrose, then on 22 hectares, attracted a bid for $2,450,000, $400,000 short of its reserve price.</p>

<p>Parkway is a suburb some 39 km south-east of Melbourne's central business district. </p>
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Melrose was built for the late Australian health economist John Deeble on land subdivided from the original Berwick Run squatted by Robert Gardiner

jchancellor

Historic Melrose at Harkaway listed with $6 million hopes

<p>Construction has commenced on Chiodo’s $17.5 million townhouse development project in Melbourne’s Ashburton.</p>

<p>Ei8ht,&nbsp;situated at 348 Warrigal Road, is a three-storey project that will offer eight residences with a mix of two and three-bedroom configurations.</p>

<p>Each of the residences will include their own personal lift. There will also be the choice of a wine cellar or theatre room in the basement.</p>

<p>Designed by Studio Mint, the homes will include entertainment spaces, stone benchtops private storage space.</p>

<p>“Ei8ht townhomes are inspired by the traditional character of Ashburton. We wanted to pay tribute to the suburb’s diversity, incorporating the big city feel with small-town charm,” the Chiodo founder, Paul Chiodo, said.</p>

<p>The development’s construction is set to create 50 jobs in Melbourne’s south-east.</p>

<p>[smartcode_project:default project_id=34608]</p>

<h2>Other new residences&nbsp;in Melbourne&nbsp;</h2>

<p><strong>1. Hurstmon, Malvern East</strong></p>

<p>One-bedroom apartments from $449,000<br />
Address: 3 Hurstmon Street, Malvern East VIC 3145</p>

<p>[smartcode_project:default project_id=4807]</p>

<p><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/image_43.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="280" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/image_43.jpg?itok=jdCPehq3" width="580" /></a></p>

<p>Moments from Ashburton, Malvern East offers premium residences surrounded by rich layers of character. Located nearby established parks, bicycle paths and historic gardens, Landream's Hurstmon is no exception.&nbsp;</p>

<p>Designed by Telha Clarke, each residence offers contemporary style, walnut timber joinery and premium materials,&nbsp;with thoughtful, premium features found in every room. Ground-floor residences in the project feature landscaped courtyards and expansive entertaining areas.&nbsp;&nbsp;</p>

<p><strong>2. 1060 Carnegie</strong></p>

<p>One-bedroom apartments from $459,000<br />
Address: 1060 Dandenong Road, Carnegie VIC 3163</p>

<p>[smartcode_project:default project_id=2882]</p>

<p><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/1060-carnegie-1060-dandenong-road-carnegie-01c6be043216a86f1e8e119467435cf0.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/1060-carnegie-1060-dandenong-road-carnegie-01c6be043216a86f1e8e119467435cf0.jpg?itok=xtZvKebe" width="580" /></a></p>

<p>Carnegie sits&nbsp;in the south-east of Melbourne with a strong community heart on Koornang Road comprising of diverse restaurants and community facilities. It's within five minutes of Chadstone Shopping Centre.</p>

<p>1060 Carnegie is a mid-rise development, delivered by Fortune Property Group and MRCB Land. The 96 one, two and three-bedroom residences will sit atop a podium that hosts retail shops and cafes.&nbsp;Designed by Peddle Thorp Architects, the apartments will offer a rooftop garden, landscaped lawns and outdoor balconies.&nbsp;</p>

<p><strong>3. Collins &amp; Bates, Chadstone&nbsp;</strong></p>

<p>One-bedroom apartments from $420,000<br />
Address: 72-76&nbsp;Batesford Road,&nbsp;Chadstone VIC&nbsp;3148</p>

<p>[smartcode_project:default project_id=93913]</p>

<p><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/collins-bates-72-76-batesford-road-chadstone-19a412e2837855a817fd74ce5401d626.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="232" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/collins-bates-72-76-batesford-road-chadstone-19a412e2837855a817fd74ce5401d626.jpg?itok=OpDKvDMZ" width="580" /></a></p>

<p>Located close to the Southern Hemisphere’s largest retail and lifestyle hub, Collins &amp;&nbsp;Bates&nbsp;brings you city convenience alongside&nbsp;crafted&nbsp;courtyards for natural surrounds. Designed by&nbsp;Point Architects&nbsp;and C&amp;C Interiors, Collin &amp;&nbsp;Bates&nbsp;offers residence private outdoor balconies, oak timber flooring and timeless interiors.</p>

<p>Estimated for completion this month, the project offers one-bedroom, one-bathroom residences, with a private car space from $420,000.</p>


Construction has commenced on Chiodo’s $17.5 million townhouse development project in Melbourne’s Ashburton

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