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

Joel Robinson

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

Virgate Property Group is preparing to commence construction of Verdé, its new apartment development in Melbourne's Arts Precinct at Southbank, following a strong run of sales that has seen more than half of the project's 173 apartments secured.

Verdé has attracted a broad mix of first home buyers, owner-occupiers upgrading from nearby inner-city suburbs and investors, with younger owner-occupier couples aged between 28 and 45 accounting for the strongest enquiry. Many are already living in Southbank, South Melbourne, Albert Park, Port Melbourne, South Yarra and the CBD.

"Verdé is located in one of the most desirable pockets of southern Melbourne," Blair Property Group Director Darren Blair, who is managing sales at Verdé, said.

"It's within walking distance of the Arts Centre, Royal Botanic Gardens, Albert Park Lake, and Southbank's restaurants and retail. It's a great lifestyle location with strong amenity and liveability, which made it a very attractive choice for the project."

[smartcode_project:default project_id=4661 project_image_fid=372549]

Virgate was already familiar with the precinct, having previously delivered the successful Domain House development in neighbouring South Melbourne. That experience gave the developer confidence to acquire the Coventry Street site and continue expanding its presence in Melbourne's inner south.

"We had been keeping an eye on the site and the broader precinct for a few months before deciding to move forward with the acquisition," Virgate said.

The project was ultimately secured in 2020 following feasibility studies, planning assessments and due diligence, with the brief centred on delivering "a high-quality, considered design that feels both refined and fit for purpose."

[smartcode_project:default project_id=4661 project_image_fid=314259]

Designed by <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, Verdé comprises 173 one, two and three-bedroom apartments priced from $599,000. The architecture is distinguished by a faceted glass façade that responds to both the site's outlook and Melbourne's changing light conditions.

According to Bruce Henderson Architects, the coloured glazing gives the building a distinctive identity while also providing privacy and solar shading, with residences oriented to capture views across the bay, city skyline and surrounding parklands.

Inside, <a href="https://www.apartments.com.au/interior-designers/designoffice">DesignOffice</a> has created interiors focused on natural light, efficient planning and enduring materials. Apartments feature engineered oak flooring, natural stone benchtops, floor-to-ceiling glazing and SMEG appliances, while a restrained material palette aims to complement the expansive outlooks rather than compete with them.

[smartcode_project:default project_id=4661 project_image_fid=372550]

Resident amenity has also been designed around everyday functionality rather than occasional use. Facilities include a concierge-serviced lobby, residents' lounge with fireplace, library and co-working space, gym, terrace garden with barbecue facilities, ground-floor café, and package delivery management.

The project's location continues to be one of its strongest drawcards. Positioned on Coventry Street, Verdé sits within walking distance of the National Gallery of Victoria, Arts Centre Melbourne, Royal Botanic Gardens and Albert Park Lake, while Southbank's dining precinct, Sturt Street trams and the new ANZAC Station are all nearby. The surrounding education catchment also includes Melbourne Grammar, Melbourne Girls Grammar, Mac.Robertson Girls' High School and several major university campuses.

The sales team says buyers have responded particularly well to the combination of location, design quality and long-term liveability.

"They're responding really positively to the quality of the design, premium resident amenities and the uninterrupted views. Many also appreciate the location and how connected it is to everything they need."

The ability to secure stamp duty savings before completion has also been a key factor for purchasers, alongside the opportunity to personalise finishes ahead of settlement.

With construction set to commence soon and more than half the apartments already sold, Verdé enters its next phase as one of the Arts Precinct's more established apartment developments, offering remaining buyers an opportunity to secure a residence before construction advances further. Expected completion is scheduled for late 2027.

[smartcode_project_cta:default project_id=4661]

Virgate's Verdé Southbank moves toward construction as sales fly past halfway stage

Downsizer-focused apartment development Kooyongkoot in Hawthorn has been recognised at the 2026 Better Future Melbourne Design Awards, taking home Gold and Silver awards in two categories.

<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a>, currently being delivered by developer PQD and designed by Cera Stribley, received Gold in the Interior Design – Proposed category and Silver in the Architecture – Proposed category.

The dual recognition reflects the design approach behind the boutique development on prestigious Kooyongkoot Road, where the focus has been on creating homes for downsizers seeking the space, quality and functionality of a detached house within a low-rise apartment building.

Rather than maximising apartment numbers, <a href="https://www.apartments.com.au/developers/pqd">PQD</a> and <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a> limited the development to just 18 residences, allowing for larger floorplans, greater privacy, generous landscaping and expansive communal spaces.&nbsp;The majority of the apartments also benefit from corner aspects, allowing for dual sources of natural light.

Now around 70 per cent complete and on track for completion in November 2026, Kooyongkoot will comprise a mix of garden residences, ter​race apartments, sub-penthouses, and is crowned by two half-floor penthouses with direct lift access and private rooftop terraces.

[smartcode_project:default project_id=102717 project_image_fid=355297]

The Silver Award for Architecture recognised the way the building responds to its prominent corner position at the ent​rance to Hawthorn's Scotch Hill precinct, one of Melbourne's most established residential neighbourhoods.

Rather than competing with the grand homes that line Kooyongkoot Road, the architectural approach focused on restraint and longevity, using curved brickwork, generous landscaping and carefully considered proportions to integrate with the existing streetscape.

"The form feels fluid and timeless, as though shaped by the landscape itself – architecture that belongs, rather than competes," said Chris Stribley, Co-Founder and Managing Principal of Cera Stribley.

The judging submission also highlighted practical innovations throughout the building, including lift cores servicing only nine homes each, a central landscaped lightcourt designed to bring daylight and ventilation into the building, and fully enclosed private storage rooms with lighting, power and shelving to better accommodate residents transitioning from larger family homes.

[smartcode_project:default project_id=102717 project_image_fid=355293]

The Gold Award for Interior Design recognised the project's focus on long-term liveability rather than display-home aesthetics.

According to the awards submission, the interiors were designed from the inside out, prioritising how homes would function over decades of daily use through generous proportions, practical storage, durable natural materials and flexible layouts.

The specification includes natural stone throughout, upgraded acoustic glazing, V-ZUG appliances and fully enclosed storage rooms, alongside an amenity offering focused on wellness, entertainment and everyday convenience.&nbsp;

Residents will have access to a gym and yoga studio, a wellness centre featuring traditional and infrared saunas, a cold therapy shower and treatment room, as well as a residents' lounge and golf simulator/cinema room for entertainment.&nbsp;Kooyongkoot has also considered the everyday convenience of its residents by offering a private carwash and pet wash facilities on site as well as dedicated parcel lockers and oversized fully enclosed storage rooms.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355303]

The project's attention to detail has already resonated with buyers. Earlier this year, Kooyongkoot recorded one of Boroondara's highest apartment sales when an $8 million penthouse was purchased by a Melbourne CEO downsizing from a nearby family home.

"Every detail feels deliberate, from the overall design down to the smallest touches," the purchaser said.

"The level of quality and refinement is exceptional, but what really sold it was how liveable it felt... It felt like a place where everything had been considered, not just a luxury building."

[smartcode_project:default project_id=102717 project_image_fid=355304]

Sustainability also formed a key part of both award submissions. Kooyongkoot is targeting a minimum 7.5-star NatHERS rating across all residences, supported by passive design principles, high-performance glazing, EV charging infrastructure, water reuse systems and a wellness model focused on lower-energy dry facilities rather than pools and large wet areas.

Located within walking distance of Scotch College, Methodist Ladies' College, Koo​yong Lawn Tennis Club, Aubur​n Village and Camberwell Junction, Kooyongkoot continues to target owner-occupiers looking to remain in Melbourne's inner east without compromising on space or quality. A limited selection of two, three and four-bedroom residences remains available, with prices starting from $1.9 million.

[smartcode_project_cta:default project_id=102717]

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

[smartcode_project:default project_id=5743 project_image_fid=953]

Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

[smartcode_project:default project_id=5743 project_image_fid=925]

Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

[smartcode_project:default project_id=5743 project_image_fid=5374]

The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

The apartment price gap drawing Sydney buyers west

A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Rainbow Bay apartment doubles in price since off the plan sale during pandemic

Mirvac

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The wraps are off Mirvac's latest large-scale residential development that will insert itself into Sydney's Green Square urban renewal area.

Smart Design Studio and CO-AP have shared design duties for the quartet of predominantly residential buildings that pending approval, will account for Zetland's 77-93 Portman Street. Development plans for Mirvac's latest are now on display after having being received by City of Sydney during mid May.

Mirvac is no stranger to the area, already having pursued development nearby in unison with the NSW Government's Landcom property arm. <a href="/buildings/ovo-960-bourke-street-zetland">Ovo</a> at the northern tip of Green Square is Mirvac's 28 level residential tower that is all but complete.

<h2>77-93 Portman Street application summary</h2>

<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/image106_0.jpg" rel="gallery-all" title="Ground level perspective. Image: Smart Design studio / CO-AP"><img alt="" class="image-article-full-width-580px" height="367" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image106_0.jpg?itok=iaIwDv01" title="Ground level perspective. Image: Smart Design studio / CO-AP" width="580"></a>

<figcaption>Ground level perspective. Image: Smart Design studio / CO-AP</figcaption></figure><ul>
<li>Site area: 5,903sqm </li>
	<li>FSR: 6.2:1</li>
	<li>Proposed: 4 buildings between 7-23 levels</li>
	<li>Tallest tower: 78.55m</li>
	<li>354 apartments: 11 x Studio, 65 x 1BR, 208 x 2BR, 66 x 3BR, 4 x Penthouse</li>
	<li>3 Basement levels for 289 vehicles &amp; 432 bicycles</li>
	<li>Total residential GFA: 34,204sqm</li>
	<li>Retail tenancies at ground floor: 1,945sqm</li>
</ul>
<h2>Street level intensification</h2>

77-93 Portman Street is "designed to create an active and lively streetscape at a human scale" according to Smart Design Studio and CO-AP.

Just shy of 2,000 square metres of retail space stretches the length of Zetland Avenue and through to Barker and Portman Streets. The design team have also added an urban plaza and site through link to increase the level of interaction and articulation at ground level.

"The plaza steps up to courtyard level, creating bleachers for seating and a sense of enclosure. Adjacent to retail premises, the urban plaza offers a place to stop and eat an ice-cream, have a coffee or meet friends whilst overlooking the Drying Green park."

<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/image109_1.jpg" rel="gallery-all" title="Views on show. Image: Smart Design studio / CO-AP"><img alt="" class="image-article-full-width-580px" height="335" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image109_1.jpg?itok=c0nPvYdW" title="Views on show. Image: Smart Design studio / CO-AP" width="580"></a>

<figcaption>Views on show. Image: Smart Design studio / CO-AP</figcaption></figure><h2>Keeping the pipeline flowing</h2>

The Portman Street proposal is the latest in Mirvac's substantial pipeline of residential projects in play across Australia; the growing Urban National Project Database includes 13 current apartment projects under Mirvac's guidance.

Perth's Claremont on the Park is the developer's sole active project in the west, with the balance located along the eastern seaboard. Of those, the majority are at either registration and sales or construction.

The Zetland planning application represents the sole project at planning for the developer for the time being.
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silvermb

Mirvac's $240 million Zetland development hits planning

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Mirvac’s flagship Sydney commercial development, the EY Centre at 200 George Street, has won the SAS International Award for Best Office Development at the Property Council of Australia’s 2018 National Innovation &amp; Excellence Awards.  
Campbell Hanan, Mirvac's head of office and industrial, said they knew the the EY Centre was going to be an important building.
“We are incredibly proud that the hard work of the Mirvac team and our partners has been recognised with the achievement of this prestigious Property Council of Australia Award for the EY Centre," Hanan said.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/5/14/EY3.jpg" alt="">
"From the project’s inception, we knew it was going to be an exceptional building that would make a significant contribution to the Sydney CBD community.
"This award is great recognition of the EY Centre and all of those involved in its development.” 
Mirvac worked closely with a number of partners to create the EY Centre and deliver one of Australia’s first ‘smart’ buildings.
Award-winning architects Francis-Jones Morehen Thorp (FJMT) designed a distinctively sculptural, 37-storey building that employs a world-first timber-and-glass closed cavity façade system giving it a unique appearance – an instantly recognisable structure defined by its shimmering, organic, golden-hued curves.  
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/5/14/EY2.jpg" alt="">
The building’s innovative sustainability credentials and world-class achievements contributed to its success, as the EY Centre has a string of Green Star ratings as well as a 5.5 Star NABERS Energy rating.  
It is also Australia’s first fully LED lit building, resulting in reduced power consumption costs, lower maintenance cycles and a reduction of landfill.
Automated timber blinds, combined with vertical timber shading elements and three layers of performance glazing, combine to create an advanced environmental skin.  
This unique system, the first of its type in Australia, adjusts to external factors and occupant preference.
Mirvac have their HQ in the building on level 28.
Their offices achieved Australia’s first Gold WELL rating from the International WELL Building Institute in 2017.
 
 
 
 
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jrobinson-rf4aSBido9

Mirvac wins Best Office Development Award for EY Centre

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Mirvac Group's A-grade office development 664 Collins Street in Melbourne is 100 per cent pre-leased following the signing of leading energy provider, AGL. 
AGL has committed to over 6,000 square metres across two floors.
It joining tenants, Pitcher Partners and Fujitsu in the 26,000 square metre office tower. 
Mirvac’s Campbell Hanan said, “664 Collins Street is now 100 per cent leased ahead of practical completion this year."
“The changing forces of work and employee experience are demanding more from the built form than ever before. 
"Mirvac is working with tenants to create workplaces and assets, like 664 Collins Street.
He said <a href="https://maps.google.com/?q=644+Collins&amp;entry=gmail&amp;source=g">644 Collins</a> was designed to incorporate leading smart technology and real-time data collection to improve workforce utilisation and efficiencies, "while creating an intuitive working environment.” 
The executive general manager group Operations at AGL, Doug Jackson said AGL was utilising this space to accommodate our digital transformation projects and Melbourne-based operations. 
At 664 Collins Street, Pitcher Partners will occupy over 9,000 square metres across 3.5 levels, with a 12-year lease commencing in June 2018. 
Fujitsu and AGL will take up occupancy in September 2018. 
Upon practical completion, which is expected mid this year, 664 Collins Street will be the final stage of the Southern Cross Station complex. It will target a 5 Star Green Star Design and 5 Star NABERS Energy rating.
In June last year, Mirvac successfully sold down 50 per cent of the building to an investment vehicle sponsored by Morgan Stanley Real Estate Investing (MSREI).
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After AGL Mirvac¹s 664 Collins Street 100 percent pre-leased

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Residential price and volume growth was moderating, as expected, according to the listed property company, Mirvac.
In its latest report to shareholders it advised FIRB pre-sales were moderating from 24 percent of sales to 21 percent.
It completed 735 settlements in 1H18 and a further 429 settlements in January this year with lower 1H18 gross margins of 22 percent due to the mix, with FY18 gross margins expected to be around 25 percent.
It has $2.9bn of residential pre-sales. They include Eastbourne in East Melbourne (above) where revenue is tipped to come forward into the 2019 financial year.
It reported defaults of less than 2 percent in-line with long-term average.
It noted weakness in the Brisbane and Melbourne apartments.
"The residential market is moderating in line with expectations," it advised. 
Mirvac, the developer and landlord, saw its revenue for the six months to December fall 28 per cent to $984 million from $1.36 billion a year earlier, while operating profit fell a smaller percentage of 8 per cent.
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The company said it awaits skewed residential settlements in the next half of the year. 
The main cause of the diversified group's decline in operating profit was lower property revaluation gains in its investment portfolio compared to the prior year.
“Although sales activity has moderated to more normalised levels in Sydney and Melbourne, we are still seeing consistent demand for well-located, quality product, particularly in our masterplanned communities," its CEO Susan Lloyd-Hurtitz said.
“A number of our forward-looking projects in Sydney are also set to benefit from new transport infrastructure, and our ability to buy at the right time has ensured we can release approximately 13,000 lots over the next four years, while taking a prudent approach to restocking our pipeline,” Ms Lloyd-Hurwitz comment.
“Our urban strategy, diversified and integrated business model, and our proven asset creation capability ensures we are on track to deliver strong growth in FY18,” said Ms Lloyd-Hurwitz.
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Mirvac defaults stay low, amid price moderation and downturn in foreign buyers

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Mirvac has appointed Richard Seddon as general manager of their industrial division following an extensive internal and external selection process.
Seddon joins the business from Goodman where he held the role of senior development manager for six years.
He has more than 15 years of experience in the property and development industry, including 10 years with Goodman where he facilitated significant industrial development transactions for the global company. 
As general manager of industrial, Seddon is responsible for the investment performance and development strategy for Mirvac’s $873 million industrial portfolio, which includes landmark assets such as Calibre at Eastern Creek, a state of the art industrial and office facility offering 120,000 square meters of floor space in Western Sydney. 
Mirvac’s head of office and industrial Campbell Hanan said Seddon is ideally placed to leverage opportunities.
“A number of exciting new trends, such as the growth of eCommerce and online sales, are currently reshaping the industrial property sector, and with his wealth of knowledge and experience Richard is ideally placed to leverage opportunities from across Mirvac’s integrated model, in order to deliver bespoke, innovative industrial property solutions for customers.”
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Mirvac appoints new GM of industrial, Richard Seddon

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Leading household and commercial appliance manufacturer and retailer Miele have signed a seven year lease at Mirvac's industrial development Calibre at Eastern Creek, west of Sydney.
The Miele facility, designed by Mirvac Design in collaboration with SBA Architects, comprises 17,000 sqm of high clearance warehouse facilities and 780 sqm of office and showroom space.
The 5-star green star rated building sits in a prominent position in the Calibre Estate, providing exposure to over 200,000 vehicles a day.
Fabian Nager, Mirvac's industrial development director said the building will establish a new standard for office, warehousing and showroom facilities in Western Sydney.
“At Mirvac we have a strong focus on providing our customers quality, amenity and efficiency, three key components also synonymous with the Miele brand," he said.
Miele’s building through its leading specifications will complement the brand and its business operations providing efficiencies and flexibility to meet the changing face of the retail industry”.
Miele ANZ managing director Sjaak Brouwer said Miele are happy to be joining the Cailbre estate.
"The leasing agreement bolsters our long-standing relationship with the business, as a major supplier of appliances to Mirvac’s residential business," Brouwer said.
“We are very proud to say that Miele Australia has seen substantial growth during the last years and expects this trend to continue, and as such a growing business needs more warehouse capacity and we had to look for a new location in NSW.
”We had some key requirements for the new site – it has to facilitate future growth, it has to be accessible and close to arterials and reflect the premium positioning of the Miele brand. Together with Mirvac we will develop this great new location. We are really pleased with our partnership with Mirvac.”
Miele will take up its tenancy at Calibre in December 2018. They will join leading kitchenware wholesale business Sheldon and Hammond, who will relocate to Building 4 in June 2018, and supply chain management company, CEVA Logistics, who relocated to Building 1 at Calibre earlier this year.
The transaction was introduced to Mirvac by Colliers International’s Peter Evans, Tony Durante and Jonty Lamb.
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Miele signs seven-year lease at Mirvac's Calibre in Eastern Creek

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Developer Mirvac has announced a park spread over more than six hectares at the Waverley Park community in Melbourne.
The new park precinct in Melbourne’s Waverley Park development is Mirvac’s largest to date and will include a lake, wetlands with walking trails, boardwalks and barbecue areas.
The developer is set to unveil the ‘Finale’, the final precinct at its Waverley Park development.
Set to launch in mid October, “The Finale” will feature a range of architect-designed homes, with over two thirds of properties occupying park or lakefront locations.
It will comprise two and three-bedroom townhouses, three and four-bedroom family homes and five-bedroom premium homes.
 
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Mirvac said the Finale has seen strong interest from existing Waverley Park home owners hoping to upgrade, as well as other families seeking premium brand-new homes in Melbourne’s south-east with the lake and park-front setting a strong drawcard. 
The new park will feature a playground for young children with plans for an 8.5 metre tower that connects with walking bridges and slides. There will also be other play spaces.
Mirvac expect it to be a children’s attraction similar to Mirvac’s Woodlea playground at Rockbank. 
It will also have jogging/walking trails and wetland boardwalks and fitness stations and outdoor gym equipment dotted throughout the park. 
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Mirvac’s general manager of Residential Victoria, Elysa Anderson, said parks and playgrounds were vital community assets for both family lifestyles and fitness. 
“After years of experience in creating successful masterplanned communities, we have seen the benefits that parks bring to the community, providing environmental, aesthetic and recreational value,” she said. 
The park’s design will be inspired by the surrounding lake and wetlands, using green hues and timber materials. It is expected to be completed by 2020. 
The homes feature brand new designs including, spacious kitchens with stone and timber detailing, with butler’s pantries in the larger designs. 
Bathrooms are designed as spacious retreats with feature baths and tapware. 
Anderson said Mirvac had exceeded reserves on the sale of three display homes in the popular community in recent months and anticipates strong interest in its final remaining stage. 
“The new homes in the Finale are an evolution of our most popular designs, and have been created with adaptability in mind in order to cater for growing families as well as the increasing number of multi- generational families,” she said. 
Waverley Park is also home to the Hawthorn Football Club training ground at the Victorian heritage- listed grandstand and oval. 
More than 1,100 homes have already been built at Waverley Park since the development launched in 2002. 
 
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Mirvac to build six-hectare park in final Waverley Park development

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Mirvac's Tullamore community in Melbourne's Doncaster features a series of luxury homes on the former fifth hole of the Eastern Golf Course.
Named the Emerald Precinct, the '8 Edition' homes are priced at $1.85 million and feature Tesla Powerwall 2 batteries and Evergen solar technology.
Mirvac’s General Manager of Residential Victoria, Elysa Anderson, said the Doncaster market was performing well and producing a strong demand for large contemporary properties to suit families, including those with multiple generations living at one address. 
“As a well-established blue chip suburb, Doncaster continues to attract a range of purchasers, however those looking for a large and modern luxury home have previously been under serviced,” she said. 
“Mirvac has identified a gap in the market for luxury homes to cater for the needs of local families who want a quality, low maintenance new home, with a flexible design allowing for zoned living in a superb natural environment.
"These contemporary luxury home designs were complemented by a diverse mix of housing types across Tullamore, catering for a range of purchasers. 
“Tullamore is a once in a lifetime place to call home, a place to secure property for future family generations.
"We felt such a striking setting, such as the rolling greens of a golf course, commanded homes that respect the retreat-like feel and cater to future family needs and multigenerational living. 
Andrew La, National Housing Design Director at Mirvac said with such a rare and unique site we wanted to ensure we were designing homes that families could see themselves living in for a lifetime.
"We undertook extensive research into how homes are used and what our buyers were looking for to ensure their dream home today continues well into the future,” he said.
“We looked at the way home use changes over the years, from having children’s rooms on the upper level near parents when they are young to allowing them to have their own downstairs retreat when they are older.” 
“We wanted to ensure maximum enjoyment of the site and the reserve is effectively a Tullamore homeowner’s backyard,” said La, whose team was stepping out floor plans from day one to ensure windows were in the best places, maximising light in winter and blocking harsh sun in summer. 
“Mirvac has over 40 years of experience and every day we are looking at data and talking to people about how they use their homes,” said La. “These premium homes have been created to adapt to life stages from nuclear to growing families with facilities for all ages.”
The design-led floorplans offer refined luxurious living and include innovative sustainable features with the integration of the CSIRO-backed Evergen solar generation technology, and the  to reduce energy bills and generate power using renewable energy.
For further information, including display suite location, <a href="https://tullamore.mirvac.com/" target="_blank">click here</a>.
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Mirvac's 8 Edition homes to feature Tesla, Evergen technology

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Development has been approved for Mirvac's Sydney Olympic Park development Pavilions.
The developer have slated 705 new homes for the site. 
The approval came the day before the launch of Verde, the second building at Pavilions from Mirvac.
Since weekend launch, 68 first home buyers have purchased at Pavilions.
Around one-third of the apartments in Verde are prioritised for the first home buyer.
Toby Long, Mirvac’s General Manager, Residential Development NSW &amp; Major Projects said, the strength of our sales to first home buyers means we are building a strong community of new property owners who will play an integral role in the future of Sydney Olympic Park.
“We are delighted to see so many young people grab the opportunity to invest in their future and we look forward to helping them on this journey,” he said.
“Demolition of existing buildings began last week, a significant milestone in the development timeline, and with DA approval we are now very pleased to be in a position to begin construction on program.
“The NSW Government has identified Sydney Olympic Park as a priority growth area and critical to its plans to provide jobs, homes and recreation in the Sydney to Parramatta corridor.”
Mirvac began selling the first of four buildings at Pavilions in February this year when launchingThe Right Start, an initiative that allows pre-qualified first home buyers to exchange on a five per cent deposit with the remaining five per cent paid in two annual instalments.
The four buildings at Pavilions range from nine to 35 storeys,
More than 75 per cent of the apartments and terrace homes at Pavilions have sold.
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Mr Long said the government has set a target of 10,700 new homes for 23,500 new residents, 34,000 new jobs, new schools and more shops, cafés and parks for Olympic Park that will revitalise the entire area, creating a vibrant new town centre alive with the people who live and work here, not just those who come to attend an event.
“This is a vision for city building in a prime location midway between the established CBD of Sydney and the emerging CBD of Parramatta," he said.
“It sits within the knowledge corridor where the jobs of the future are being created in employment centres such as Ryde and Macquarie Park,” said Mr Long.
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Mirvac gains DA approval for Sydney Olympic Park as second building sells

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Property developer Mirvac has acquired two new residential development sites in Brisbane.
Its $18.6 million outlay is part of its efforts to increase its footprint in Queensland.
The developer recently settled a site in Arana Hills site (above) on Plucks Road for $5.35 million.
The deal was negotiated by Colliers International's Adam Rubie and Brendan Hogan.
Earlier this year, the listed property group acquired a six-hectare parcel at Ashmore Street in Everton Park for $13.25 million, in a deal brokered by Ray White's Matthew Fritzsche and Andrew Burke.
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It is in the process of obtaining development approval for the sites which will together deliver about 220 new homes.
At the Arana Hills development, Mirvac plans 77 three and four bedroom townhomes along with three homesites at Arana Hills. The leafy development will boast elevated aspects to nearby green corridors, and a recreation area with a pool.
The planned development at Everton Park will feature 139 lots, including 54 homesites and 85 three and four-bedroom townhomes.
The proposal also includes exclusive resident facilities with a pool and recreation centre and the retention and restoration of a heritage Queensland home, located at the community's entrance.
Mirvac Queensland Residential general manager, Warwick Bible, said the proposed projects at Arana Hills and Everton Park complemented Mirvac's fast-growing portfolio of residential communities in Queensland.
"We are actively pursuing opportunities and progressing projects in key growth precincts across south-east Queensland and see Brisbane's middle suburban ring as a prime location," he said.
"Everton Park is a suburb we know well, having completed and sold-out of our $30 million Greystone Terraces community late last year (2016), with all 56 homes purchased within 18 months,” he added.
"Demand for homesites and townhomes in this precinct remains extremely strong and we believe these planned new developments will also be well received."
Launches are expected in 2018, pending approval from the Council.
Bible said the proposed projects continue Mirvac's vision for Brisbane's middle suburban ring, with the developer moving forward with plans for a 133-homesite community on a site at Rochedale, which it acquired earlier this year.
The announcement of the new projects also comes on the back of the developer receiving state government approval for a new community at Greenbank in the Greater Flagstone Priority Development Area.  
Located about 30 kilometres south-west of the Brisbane CBD, Mirvac will deliver approximately 3,300 residential homesites and community facilities including a state primary school, neighbourhood retail centre and community health centre on the Greenbank site.
The launch is expected in 2018.
While Mirvac gears up to launch the new projects in 2018, it is also continuing to deliver its well-established Gainsborough Greens community at Pimpama, in the corridor between Brisbane and the Gold Coast.
Bible said Gainsborough Greens was one of the fastest-selling projects in Queensland, with 307 lots totalling over $75 million settled since January.
Mirvac said it achieved a record high lot settlements for the year ending June 30, while maintaining less than 2 per cent defaults. 
The developer’s 3,311 lot settlements was 17 per cent higher than last year. It secured $2.7 billion in residential pre-sales.
 
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