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.

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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.

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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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Mirvac’s breathtaking community of Waverley Park offers ideal family living with sustainable and energy-efficient design in Melbourne’s Mulgrave.

The <a href="/buildings/waverley-park-6-goodison-court-mulgrave">final stage of the precinct, Finale</a>, which includes its own picturesque lake, offers three, four and five-bedroom park front homes, adding a serene extension to your own private front garden.

The parklands include barbeque and dining areas, large playgrounds and multi-purpose courts for children, teenagers and adults to enjoy an active and motivated lifestyle.

<a href="/buildings/waverley-park-6-goodison-court-mulgrave"><img alt="" height="600" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/mir0751_waverleypark_s050_ext_park_clay_-_final2000_website_listing_1200px_x_600px.jpg" width="1200"></a>

Each five-bedroom home features generous open-plan living, connecting seamlessly with the outdoors, designed by Mirvac’s in-house design team.

The six-star energy rated homes boast cross-ventilation and superior insulation, reducing energy use and energy costs. LED lighting, solar hot water and energy-efficient appliances will deliver further savings for residents.

<a href="/buildings/waverley-park-6-goodison-court-mulgrave"><img alt="" height="731" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/waverley_park_internal_1299px_x_731px4.png" width="1299"></a>

Located within walking distance of Waverley Park’s cafés, shopping precinct and oval, Mirvac offers residents convenience and community.

The project’s five-bedroom homes are finished with quality material, with customisable options to personalise the space, walk-in pantries and Smeg appliances.

The two-storey homes also include a balcony, patio and alfresco area, as well as a two-car garage.

Five-bedroom residences are priced from $1,245,000, while three-bedroom homes begin at $785,000.

With limited family homes remaining, and only a short drive to the fashion capital, Chadstone, Waverley Place is not one to miss.

To find out more information on Waverley Place, <a href="/buildings/waverley-park-6-goodison-court-mulgrave">click here</a>.
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Each five-bedroom home features generous open-plan living, connecting seamlessly with the outdoors, designed by Mirvac’s in-house design team

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Inside the five-bedroom homes at Mirvac’s Waverley Park 

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Ascot House - the first stage of Mirvac's Ascot Green community fronting Eagle Farm Racecourse in Brisbane - has sold-out, with buyers now rushing to secure the final apartments in sister building, Tulloch House.

The 90 apartments in the completed Ascot House, which features a rooftop terrace with views across 50 hectares of green space and Brisbane city, achieved prices ranging from $460,000 to over $3 million, and were predominantly purchased by local downsizers.

Neighbouring <a href="/buildings/ascot-green-by-mirvac-tulloch-house-61-st-leger-way-ascot-4007">Tulloch House</a> (pictured below), which has 84 one, two and three bedroom apartments, is under construction, with more than 70 per cent already sold and remaining apartments priced from $490,000.

Mirvac head of residential Stuart Penklis said the sell-out of Ascot House and continued strong sales at Tulloch House were a show of demand for a 'green change.'

<a href="/buildings/ascot-green-by-mirvac-tulloch-house-61-st-leger-way-ascot-4007"><img alt="" height="744" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/tulloch_house_mirvac.jpg" width="1200"></a>

"Many of our purchasers say they have chosen Ascot Green because it's like living alongside extensive parkland, with restaurants, cafes and shops within walking distance," he said.

"They enjoy the green open space and peace and quiet in a convenient location, and they love the vibrancy and excitement of the precinct coming alive on race days, with a front row seat to all the action from our rooftop terrace and track-facing pool deck.

"These exclusive resident amenities are just a small part of what residents will have at their doorstep as Brisbane Racing Club's $1.2 billion redevelopment of the racecourse precinct is realised, with additional retail and dining, retirement living, aged care, commercial offices and medical services to be delivered over the coming years.

"We've had a steady run of sales throughout 2020, with a lot of downsizers viewing the changes the year brought as an opportunity to rethink their lifestyle, with a view towards lower maintenance living.

"There’s also been strong interest from upgraders, with many recognising the relative affordability of an apartment at Ascot Green when considering the median home price in Ascot is over $1 million.

"The fact Ascot House is complete and ready to move in to was another bonus, with buyers pleased to be able to inspect and immediately move in to their new apartment, while Tulloch House purchasers have been reassured by the quality of the design and build."

The final apartment in Ascot House was secured by Jan Goakes, who also owns Sa Vida Shoes on neighbouring high street, Racecourse Road.

Ms Goakes said when she was looking to downsize from her Hamilton home, her clients suggested she visit Ascot Green, just a short stroll from her store. 

She was immediately impressed with the quality of the apartments which were 'unlike anything else in the area.'

"I found out about Ascot Green from a couple of my clients who had great things to say about the community, so I decided to go and have a look for myself and it ticked all my boxes," she said.

"I was absolutely impressed with the quality of the build and when I found my apartment, I just fell in love with it and decided it was the one for me. The moment I walked in, I knew it was unique.

"It’s large, there is lots of natural light, you look out onto green spaces and there’s a beautiful breeze facing north.

"I really don’t think you would find anything like it anywhere else."

Ms Goakes said she was pleased to be staying close to her store, in a convenient, tight-knit neighbourhood.

"One of the reasons I’ve loved living in Hamilton and am now moving to Ascot is the convenience - you can walk to so many places, so it’s just a great lifestyle," she said.

" I do know a lot of people who live in the area and just love being part of the community. It’s a fabulous place to work and to live. You have a sense of pride and companionship."
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Mirvac head of residential Stuart Penklis said the sell-out of Ascot House and continued strong sales at Tulloch House were a show of demand for a 'green change.'

Mirvac's Ascot House near Eagle Farm Racecourse sells out

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Heightened sales activity following the Federal Government’s HomeBuilder grant and the Victorian Government's ‘Big Housing Build’ stimulus has translated into an almost 60 per cent increase in first home buyer sales for Mirvac in 2020, compared to 2019.

 “From April 2020, the demand from first home buyers has surged. Buyers have had more time at home to spend researching and with record local interest rates combined with government incentives, the opportunity to enter the market has become truly compelling”, Mirvac’s head of residential, Stuart Penklis, said.

Compared to 2019, Mirvac also recorded a 49 per cent increase in first home buyer enquiries throughout the year.

Across its portfolio Mirvac has seen strong first home buyer demand at its inner-city projects, including its Doncaster project, Tullamore, Voyager at Yarra’s Edge, and The Fabric townhomes in Altona North.

<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/doncaster.jpg" rel="gallery-all" title="Folia at Tullamore Apartments, Doncaster "><img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/doncaster.jpg?itok=E-pFLDi8" title="Folia at Tullamore Apartments, Doncaster " width="580"></a>

<figcaption><a href="/buildings/folia-59-stables-circuit-doncaster">Folia at Tullamore Apartments, Doncaster</a></figcaption></figure>Tullamore’s latest stage, Folia, features a carefully-crafted collection of one, two and three-bedroom residences with prices beginning at $400,000.

<a href="/buildings/the-fabric-188-198-blackshaws-road-altona-north">The Fabric</a>, a sustainable 7-Star townhome community, offers brand new two and three-bedroom homes starting at $695,000.

<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/the_fabric_render_1_1030x620.png" rel="gallery-all" title="The Fabric, Altona North"><img alt="" class="image-article-full-width-580px" height="349" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the_fabric_render_1_1030x620.png?itok=rOkUE2e8" title="The Fabric, Altona North" width="580"></a>

<figcaption><a href="/buildings/the-fabric-188-198-blackshaws-road-altona-north">The Fabric, Altona North</a></figcaption></figure>According to Penklis, to meet demand from the first home buyer market, Mirvac released new homes in November which were snapped up at launch, requiring a subsequent release the following weekend.

The success of recent land releases as well as townhomes across Mirvac’s Victorian portfolio is “testament to the impact of the state government stimulus and positive consumer sentiment”, Penklis said.

Voyager, Yarra’s Edge has seen demand predominantly come from professional singles and couples, aged between 25 and 40, interested in one or two-bedroom apartments, whilst enquiries into Mirvac's masterplanned community projects came from young local families.

<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/voyager.jpg" rel="gallery-all" title="Voyager at Melbourne's Yarra's Edge"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/voyager.jpg?itok=Uubf-xlF" title="Voyager at Melbourne's Yarra's Edge" width="580"></a>

<figcaption><a href="/buildings/voyager-docklands-103-south-wharf-drive-docklands-vic-3008">Voyager at Melbourne's Yarra's Edge</a></figcaption></figure>The 43 level skyscraper in Docklands is set for completion this year and will include 315 residences in one, two and three-bedroom configurations, starting at $601,500.

Regardless of their situation, many first home buyers will continue searching for long-term security in the new year.
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 The demand from first home buyers surged in 2020 and first home buyers are expected to continue looking for long-term security in the new year

Mirvac achieved near 60% increase in first home buyer sales in 2020

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Mirvac has come 7th on Fast Company’s annual list of the World’s Most Innovative Companies for 2020, representing the only Australian company to make the list.
The recognises the businesses making the most profound impact on both industry and culture, showcasing a variety of ways to thrive in today’s fast-changing world.
This year’s MIC list features 434 businesses from 39 countries.
Mirvac’s CEO &amp; Managing Director, Susan Lloyd-Hurwitz said the inclusion showed the Group’s deliberate on-going journey to drive cultural change and embrace innovation is moving Mirvac in a positive direction.
“We are delighted at the global recognition that our innovation efforts have received.  We still have a long way to go, but to be in the top 10 of all global Urban Development and Real Estate organisations is very pleasing. And then, to be the only traditional bricks and mortar developer amongst a list of property start-ups, is doubly satisfying. It demonstrates that companies can reinvent and innovate for a better future.”
“At Mirvac, our purpose to reimagine urban life inspires us to tackle some of the many challenges facing our cities, big and small. With the constant disruption and rapid pace of change in today’s world, we believe innovation enables us to deliver on our purpose, by finding solutions that help us stay relevant to our customers and leave a positive legacy in our urban environment.”
Mirvac was judged to be the world’s seventh most innovative property company based on three projects which delivered innovative solutions for its commercial, residential and retail customers:
<ul>
<li>Cultivate is an urban basement farm which uses agritech to grow produce in under-utilised spaces in our cities, such as car parks;</li>
<li>Solar Upgrade is a partnership with Evergen whereby individual apartment owners are able to access solar energy; and</li>
<li>The Third Space saw a dedicated co-working space brought to life in a shopping centre, offering all the trappings of a modern office in easy reach of shops and services.</li>
</ul>
 
“Over the last few years we have been working towards a culture of innovation where everybody believes it is part of their job to challenge the status quo and reimagine what we do. This transition has been championed by our innovation team Hatch, who have upskilled our people and helped to establish a fail-safe environment where we are not afraid to experiment. We are changing the way we problem solve as a business,” added Ms Lloyd-Hurwitz.
Fast Company’s editors and writers sought out the most ground-breaking businesses on the planet and across myriad industries. They also judged nominations received through their application process.
The World’s Most Innovative Companies is Fast Company’s signature franchise and one of its most highly anticipated editorial efforts of the year. It provides both a snapshot and a road map for the future of innovation across the most dynamic sectors of the economy.
“At a time of increasing global volatility, this year’s list showcases the resilience and optimism of businesses across the world. These companies are applying creativity to solve challenges within their industries and far beyond,” said Fast Company senior editor Amy Farley, who oversaw the issue with deputy editor David Lidsky.
 
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Mirvac breaks onto Fast Company’s World’s Most Innovative Companies 2020 list

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Mirvac Retail has announced an innovation to help its shopping centre customers navigate busy periods and time manage their physical trip to the shops via the centre website and a new tracking tool.
The traffic tracker application, now available on each of the portfolio’s 16 centres’ websites, has been partly in response the COVID-19 concerns about heavy crowd periods at centres, but also a continuation of the agile teams constant review and response to shopper needs and a focus on customer pain points. 
A simple page on the website under ‘Plan Your Trip’ shows tracking data across each opening hour of the day from the previous week, on a day by day basis, to analyse preferred times to attend the centre and improve the customer experience. The traffic data is presented in similar format to Facebook’s Popular Hours Google’s Popular Times tools. 
“In our Retail Reimagined focus we are always seeking ways to improve both the customer experience and also productivity in our centres for our retailers by helping people maximise their time and choices with quality available data,” said Nicole Imberger, director of experience at Mirvac.
“We hosted over 120 million visitations across our portfolio just in the last year. There is a lot of traffic data we can share and we believe people are seeking increased flexibility and information in so many aspects of their life in these days of more pressure and concern about being in crowded locations,” Ms. Imberger added 
Mirvac Retail has been actively focused on prioritising the health and safety of shoppers and retailers since the pandemic outbreak with many contactless initiatives implemented and hygiene and traffic management regimes put in place.
Compliance with all government guidelines has been a priority and as the restrictions ease and the community ventures back to centres for many and varied reasons, from shopping essentials to entertainment and community connection, it is all the more important for Mirvac to find ways to assist with the new normal of living in COVID times in our particularly urban locations.
Centres rolling out the weekly data include: Moonee Ponds Central in Victoria, Toombul, Orion Springfield Central and Kawana Shoppingworld in Queensland, and in New South Wales at Broadway Sydney, East Village, South Village, Greenwood Plaza, Harbourside, Tramsheds Sydney, Birkenhead Point Brand Outlet, Rhodes Waterside, Stanhope Gardens, Cherrybrook Village and MetCentre as well as Cooleman Court in the ACT.
In a further recent measure to improve customer safety Mirvac Retail locations that required contact to collect car park tickets have now installed contactless wave technology to activate ticket machines at Rhodes Waterside, Stanhope Gardens, Tramsheds and Broadway Sydney.
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Mirvac Retail launches traffic tracker to support shoppers with new COVID conscious planning tools

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Mirvac official opens LIV Indigo at Sydney Olympic Park, the first residential community in NSW designed and built exclusively for renters.
LIV Indigo is an Australian adaptation of the build to rent model which has soared in popularity in the US and UK, and reduces the vulnerability of tenants in private rental.
Residents will be offered a minimum 12-month secure lease with rental increases capped, no bond requirement, on-site maintenance teams to deal with repairs instantly.
They will also be offered the freedom to paint the walls of their home, bang in a nail to hang a picture and keep a pet without having to negotiate strata by-laws.
The opening event was officiated by Mirvac CEO &amp; Managing Director, Susan Lloyd-Hurwitz and NSW Minister for Planning and Public Spaces Rob Stokes.
Ms Lloyd-Hurwitz said LIV bridged the gap between owning and renting, offering the flexibility of renting with a sense of security akin to ownership.
“We are living in an era where property ownership is not the overarching goal of all Australians,” said Ms Lloyd-Hurwitz. 
“And those who do aspire to home ownership will on average spend more time in the rental market before they can afford to buy their home.
“We studied the market overseas, spoke to Australians about their rental experience and from these insights crafted an entirely new housing choice that offers convenience, comfort and above all security.”
LIV Indigo, within Mirvac’s soon to be completed Pavilions residential development, offers residents a shared community and entertaining space with kitchen lounge and dining area, cinema room, co- working spaces, private and bookable meeting rooms, a gym, workout and fitness space, children’s play room and barbecue facilities.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/8/24/200714_MIRVAC_LIV_GYM_14251%201.jpg" alt="">
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To help build a sense of community, a manager and onsite team will welcome residents as well as arranging events and activities when the first residents move in from 1 September.
institutional landlords such as Mirvac would provide more stability and certainty for those who rent.
“We can’t just assume that the homeowner model is for everyone. As society changes and grows, our policies and approaches to living need to reflect that,” Mr Stokes said.
“Build to rent can attract direct investment in construction at a time when bank finance is hard to secure. It is a critical way to ensure housing is built during difficult financial times.
“Not only do we need different types of housing, such as detached, high-rise and missing-middle types, we need different tenures so that individuals and families can access secure housing that suits their circumstances.”
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/8/24/200714_MIRVAC_LIV_HALLWAY_12744.jpg" alt="">
In line with Mirvac’s sustainability goals, LIV Indigo has been designed to achieve 40 per cent less greenhouse gas emissions. 
Energy and water-saving measures include upgraded glazing to improve thermal performance, LED lighting throughout, energy-efficient appliances, solar power and water efficient taps, toilets, showers and washing machines.
Residents will also have access to electric vehicle charging stations and connection to Sydney Olympic Park’s recycled water network.
The Australian Government, through the CEFC, committed to invest $63 million in LIV Indigo via Mirvac’s Australian Build-to-Rent Club in 2018. 
“We are pleased to be working with Mirvac to show how commercially viable sustainable initiatives can lower energy costs for residents and building owners, as well as reducing greenhouse gas emissions in Australia’s housing market," the CEFC CEO, Ian Learmonth said. 
Ms Lloyd-Hurwitz said recently announced tax discounts proposed by the NSW Government would help Australia’s nascent build to rent sector expand as it has overseas.
“The key drivers for the growth of build to rent overseas – housing affordability, supply, urbanisation and demographics – are all present here in Australia,” said Ms Lloyd-Hurwitz.
“Home ownership rates have been declining for many years and affordability issues mean that more Australians are destined to be long-term or life-long renters.
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“But we are also seeing a fundamental change in the attitudes of people who rent by choice because they are pursuing other investment strategies or have down-sized and want to release the equity from their home to enjoy their retirement.”
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Mirvac officially opens its first purpose built build to rent property

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Situated in the sought-after suburb of Doncaster, is the well-established community of <a href="/developments/doncaster-vic-3108">Tullamore</a> by renown property developer, <a href="/developers/mirvac">Mirvac</a>. The thriving neighbourhood is set to welcome its next boutique residential collection, Maple Townhomes.

<h2>SOPHISTICATED, MODERN DESIGN</h2>

The exclusive townhome release offers stunning modern residences, featuring state-of-the-art fixtures and finishes, from SMEG appliances and butler's pantries to expansive balconies overlooking the 6.8-hectare nature reserve. Each home boasts plenty of open-plan living space, with an abundance of natural light filling each room through floor-to-ceiling glazing. 

<figure><a href="/developments/doncaster-vic-3108"><img alt="" class="image-article_full_width_580px" height="281" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2020-07-15_at_6.24.41_pm.png?itok=-w06f9x6" width="580"></a></figure><figure><a href="/developments/doncaster-vic-3108"><img alt="" class="image-article_full_width_580px" height="281" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2020-07-16_at_12.10.52_pm.png?itok=BuJgqpKX" width="580"></a></figure><h2>SPACIOUS HOMES WITH FLEXIBLE FLOORPLANS</h2>

Maple Townhomes provide the perfect option for families, with flexible floorplans allowing you to make your new home your own. 

The townhomes are set over two and a half levels and include four spacious bedrooms, 3.5 bathrooms and two carparks. Buyers will also have the opportunity to secure a home with a spectacular view of the nature reserve, guaranteeing you fantastic vistas that won't be built out.

<figure><a href="/developments/doncaster-vic-3108"><img alt="" class="image-article_full_width_580px" height="303" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2020-07-15_at_6.26.00_pm.png?itok=aZj1KpFv" width="580"></a></figure><h2>SUSTAINABLE DESIGN</h2>

Each home is designed to achieve a 6 Star environmental rating, solar integration, LED downlights and electric car charging provisions. Walls within all properties have also been painted with low VOC paint – creating a healthier home for you and your family. 

<a href="/developments/doncaster-vic-3108">Book your appointment</a> with a Mirvac Sales Consultant today for your opportunity to purchase a coveted, limited-edition Mirvac townhome.
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Olivia Round

Introducing Maple Townhomes: Tullamore's latest limited-edition release 

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In celebration of the 5th anniversary of the Woodlea community, the team behind the master-planned precinct have announced an extravagant birthday giveaway. Five lucky homeowners will receive their 5% land deposit back, which could be up to $20,000 each.

In addition to this prize, anyone who purchases property* within the Woodlea community during March will receive a $10,000 prepaid Visa card. 

<h2>What is Woodlea?</h2>

Woodlea is a master-planned community, located in the suburb of Aintree, 40 kilometres west of Melbourne city. Delivering the decade-long project is Victoria Investments and Properties (VIP), and ASX listed property developer <a href="/developers/mirvac">Mirvac</a>. With over 2,800 homes sold to date, the new development is now home to over 5,000 residents.

Property available within the precinct includes sections, house and land packages, <a href="/news/vip-mirvac-launch-sixth-woodlea-townhouse-development">architecturally-designed townhomes</a>, and Porter Davis detached dwellings. In November, Mirvac announced that many of their Woodlea townhouses will also include <a href="/news/save-the-planet-and-your-bank-balance-woodlea-introduces-smart-solar-packages-for-townhouse-buyers">smart solar packages</a>, enabling residents to save up to 80% on electricity bills – with scope to eliminate all electricity costs in future. 

<blockquote>
"Since its launch five years ago, Woodlea has gone from strength to strength, taking out the title as Australia's fastest-selling community and is making leaps and bounds in its efforts to become Australia's healthiest community."
</blockquote>

Lora Armstrong, Woodlea Sales and Marketing Manager

The precinct also sits on 711 hectares, with a large portion dedicated to green open space for both residents and the broader community to use. Woodlea has the capacity to host major sporting events with an Australian Rules football oval, cricket pitches; tennis and netball courts; and state-of-the-art facilities. The community also includes a selection of playgrounds and cafes. 

Upon completion, Woodlea will be home to over 20,000 residents. According to the 2019 HIA Population &amp; Residential Building Hotspots Report, Rockbank’s population experienced a 59.4% growth in 2017/18 and over $224 million in building approvals – which goes to show the extent <a href="/news/number-of-residents-in-the-woodlea-development-expected-to-double-by-2020">Woodlea’s exponential growth</a> is having on the wider community.

<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/woodlea_adventurepark.jpg" rel="gallery-all" title="Woodlea adventure park. Image supplied."><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/woodlea_adventurepark.jpg?itok=3LgEyhs4" title="Woodlea adventure park. Image supplied." width="580"></a>

<figcaption>Woodlea adventure park. Image supplied.</figcaption></figure><h2>Could March be a good time to buy at Woodlea?</h2>

Next month Woodlea are planning to release a brand new collection of 60 unique lots, with their $10,000 prepaid Visa card becoming available to new buyers within the community. Sections within the new release will start at $288,000, providing buyers with an affordable entry price point.

Woodlea Sales and Marketing Manager Lora Armstrong explains that the birthday rewards were a way of helping first home buyers enter the property market by giving them a head start financially. 

<blockquote>
"None of this would be possible without the support of our customers and our community, with over 5,000 residents currently calling Woodlea home. It seemed only fitting to give back to new home buyers who are trying to climb the property ladder."
</blockquote>

The five winners will be be announced at the start of April and will be drawn at random (game of chance).
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Woodlea's birthday giveaway: Win your way into a new home

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Last week, all eleven Woodlea townhomes were snapped up within hours after being launched to market, and by the weekend Yarraville Place had sold 50% of 55 townhomes in the first week of sales. These statistics suggest a high demand for stock in Melbourne’s western suburbs, with buyers ready to move 10-30 kilometres out of the CBD to secure their dream home.

This sentiment follows waves of uncertainty around buying off-the-plan; however, today, there are many reasons why purchasing off-the-plan could be a better time than ever.

Here are five reasons to consider buying a new apartment or townhome.

<ol>
<li>Building regulations are stricter today</li>
	<li>Many home seekers could be eligible for Stamp Duty concessions</li>
	<li>House prices are forecast to increase over the next 12 to 24 months</li>
	<li>Mortgage serviceability has become easier for home buyers</li>
	<li>Finance is more accessible to acquire due to APRA’s loosened lending constraints</li>
</ol>
<h2>Why Woodlea sales were such a success</h2>

Known as Australia’s fastest-growing community, Woodlea has now launched its most affordable product to date – 11 townhomes all of which sold within hours of release.  The two and three-bedroom homes designed by <a href="/architects/dko-architecture">DKO Architecture</a>, with grounds curated by MDG Landscape Architecture, allowed buyers to purchase an architecturally-designed, spacious home for around $339,000, which is rare in today’s market given the average first home buyer loan <a href="https://www.finder.com.au/australian-home-loan-statistics">is about $366,776</a>.

Woodlea’s Project Director Matthew Dean noticed a gap in the market which caters to the need for affordable housing to ease the debt of first home buyers, which is what inspired The Urbanist Collection.

<blockquote>
“It’s unheard of to be able to buy an architecturally designed townhouse that is turnkey ready for under $350,000 so it was important for us to offer a product that catered to the first home buyer market and the loan size in which they can borrow.”
</blockquote>

<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/the_urbanist_collection_-_exterior_copy.jpg" rel="gallery-all" title="The Urbanist Collection townhome exterior. Image supplied."><img alt="" class="image-article-full-width-580px" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the_urbanist_collection_-_exterior_copy.jpg?itok=hcA43L2a" title="The Urbanist Collection townhome exterior. Image supplied." width="580"></a>

<figcaption>The Urbanist Collection townhome exterior. Image supplied.</figcaption></figure><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/the_urbanist_collection_-_interior.jpg" rel="gallery-all" title="The Urbanist Collection townhome interior. Image supplied. "><img alt="" class="image-article-full-width-580px" height="363" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the_urbanist_collection_-_interior.jpg?itok=6mVJog7s" title="The Urbanist Collection townhome interior. Image supplied. " width="580"></a>

<figcaption>The Urbanist Collection townhome interior. Image supplied.</figcaption></figure>The Urbanist Collection is <a href="/developers/mirvac">Mirvac’s</a> latest development within the Woodlea precinct and maintains the high-quality design and functionality synonymous with that of the 711-hectare community. Each home includes luxurious Smeg appliances, 2.5-2.7-metre-high ceilings, spacious living areas, stone benchtops and more.

<blockquote>
“Buyers will be spoilt for choice with a variety of floor plans to choose from, all while being located in the social heart of Woodlea; just 100-metres from the future local Town Centre, an abundance of parks and nearby schools.” 
</blockquote>

Matthew Dean, Woodlea Project Director

Key selling points:

<ul>
<li>Located within walking distance to the local playground, which is found to increase housing values by approximately $20,000</li>
	<li>All townhomes include high-quality appliances, fixtures and fittings</li>
	<li>Townhomes require only a 5% deposit</li>
</ul>
<h2>Why first home buyers are flocking to Yarraville Place</h2>

Property developer ID_Land celebrated a successful opening week of Yarraville Place sales, bringing in a staggering $45 million and selling more than 50% of townhome stock.

ID_Land Joint Managing Director Matthew Belford explained that location was a key driver behind the impressive sales.

<blockquote>
“We think the strength of the sales results to-date indicate that buyers across multiple demographics are back in the market and they’re looking for accessible, premium property in sought-after postcodes like Yarraville. Understanding the demographics of the area, we saw an opportunity to deliver a product that would embrace the character of the location while tapping into the significant demand for three- and four-bedroom dwellings at an affordable price.”
</blockquote>

<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/yarraville_place_render_1.jpg" rel="gallery-all" title="Yarraville Place townhome exterior. Image supplied."><img alt="" class="image-article-full-width-580px" height="293" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/yarraville_place_render_1.jpg?itok=DjRUkMmx" title="Yarraville Place townhome exterior. Image supplied." width="580"></a>

<figcaption>Yarraville Place townhome exterior. Image supplied.</figcaption></figure><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/yarraville_place_render_2.jpg" rel="gallery-all" title="Yarraville Place townhome exterior. Image supplied."><img alt="" class="image-article-full-width-580px" height="414" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/yarraville_place_render_2.jpg?itok=1GB_ZHsF" title="Yarraville Place townhome exterior. Image supplied." width="580"></a>

<figcaption>Yarraville Place townhome exterior. Image supplied.</figcaption></figure><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/yarraville_place_render_3.jpg" rel="gallery-all" title="Yarraville Place townhome exterior. Image supplied."><img alt="" class="image-article-full-width-580px" height="352" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/yarraville_place_render_3.jpg?itok=erhOznR_" title="Yarraville Place townhome exterior. Image supplied." width="580"></a>

<figcaption>Yarraville Place townhome exterior. Image supplied.</figcaption></figure>Designed by <a href="/architects/rothelowman">Rothelowman Architects</a> with landscaping by Tract, Yarraville Place was a substantial project developed in collaboration with heritage consultant Bryce Raworth. The in-fill development echoes Yarraville’s rich industrial heritage with its sawtooth rooflines, retained Bluestone walls and arched keystone doorframes.

<blockquote>
“The retention of heritage assets throughout the project gives it a very unique and different look and feel.”
</blockquote>

Stuart Marsland, Rothelowman Principal

Townhomes are available in two, three and four-bedroom configurations and buyers can choose from a selection of 10 floorplans.

Key selling points:

<ul>
<li>Multiple floorplan options to suit a variety of buyer needs</li>
	<li>Yarraville is a great inner-west location which saw a surge in popularity in recent years</li>
	<li>The area has undergone significant transformation in terms of commercial development and village upgrades</li>
</ul>
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Overwhelming sales statistics last week reveal reinstated confidence in the off-the-plan market

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A Mirvac executive allegedly had tradies build a union boss's Brisbane home with the bills allocated instead to the Orion Springfield Central shopping centre project using false invoices.
The former Mirvac executive Mathew McAllum and the ex-CFMEU Queensland senior-vice president David Hanna are accused of corruptly giving and receiving a secret commission.
The work was allegedly done to complete the five-bedroom, three-bathroom Cornubia home.
Both men deny the charge in the Brisbane District Court matter.
The Brisbane Times reported the hearing on Monday heard that the $290,000 worth of building works was conducted between February and November 2013.
"The end result is that David Hanna received construction work for goods arranged by an employee of Mirvac, primarily Mr McAllum, for free," the court was told. 
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McAllum was a former project manager on the shopping centre development.
The paperwork described the cost of building Hanna's home as a cost variation to the original quote for Orion.
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<div>The court heard a second former Mirvac executive, Queensland commercial construction boss Adam Moore, was also allegedly involved in the scheme but had since died.</div>
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<div>Orion was developed at Springfield Lakes by the publicly listed Mirvac in 2007 and underwent a major expansion that completed in 2016.</div>
 
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