Preliminary data by research giant Charter Keck Cramer reveals a 54 per cent decline in Build to Sell apartments across Australia's capital cities, while the Build to Rent boom continues with a 378 per cent increase over the last five years.

Charter Keck Cramer's upcoming National State of the Market Report - Key Metropolitan Areas, scheduled for release in September, will reveal&nbsp;a dramatic transformation in apartment supply patterns across Australia's capital cities between FY2016-2020 and FY2021-2025.

The Build to Sell (BTS) apartment sector has experienced a substantial contraction, with total supply falling by 54 per cent compared to the previous five-year period. The decline represents a reduction of 149,200 apartments across all capital cities.

<img alt="BTS Charter Keck Cramer" data-entity-type="file" data-entity-uuid="3db2ddf3-e7c0-481f-b8b9-63efb365cb80" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-20%20at%2011.26.34%E2%80%AFAM.png?VersionId=bsQl8inhZA7FeiPamnGvw1tse0obBdSd" />

Sydney led the downturn with a decrease of 73,600 apartments, followed by Melbourne (-42,800) and Brisbane (-26,800). Perth and Adelaide also recorded significant declines of 6,400 and 2,400 apartments respectively. Only Gold Coast and Canberra bucked the trend, with modest increases of 500 and 2,300 apartments.

In stark contrast, the Build to Rent (BTR) sector has emerged as a major force in the apartment market, recording a remarkable 378% increase in supply. This growth added 8,590 apartments across the capital cities during FY2021-2025. Melbourne dominated BTR growth with 6,160 additional apartments, while Sydney contributed 2,100 units. Brisbane and Canberra also recorded growth of 800 and 330 apartments respectively. Gold Coast and Perth recorded minor declines, while Adelaide maintained steady levels.

<img alt="BTR CKC" data-entity-type="file" data-entity-uuid="ca13ffd4-ab93-4828-afd2-4c3dccbd2b51" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-20%20at%2011.28.54%E2%80%AFAM.png?VersionId=SXNnpcJuFD36ViWOwF6izBBqcQc3NWao" />

“These preliminary findings indicate a fundamental shift in Australia's apartment development landscape, with traditional Build to Sell models giving way to institutional Build to Rent developments,” said Richard Temlett, Charter Keck Cramer’s National Executive Director of Research.

"This transition reflects changing investor preferences, regulatory environments and housing affordability challenges across major metropolitan areas.”

The complete Charter Keck Cramer National State of the Market Report – Key Metropolitan Areas will provide comprehensive analysis of these trends, their underlying drivers and implications for developers, investors and policymakers when released in September.

Joel Robinson

Build to Sell apartment supply drops 54% in five years across Australian capital cities

Verso Development Group is seeking to bring over 1,100 apartments to the heart of Brisbane's Toowong, with plans filed for a $1 billion, triple tower development known as Toowong Central.

The landmark urban regeneration project "aims to reshape the core of Brisbane’s inner-west riverside suburb."

Covering over 1.4-hectares across&nbsp;Sherwood Road, High Street, and Jephson Street, Toowong Central has been designed by KHA and will comprise three towers rising 49, 55, and 58 levels.

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According to the Urban Context Report prepared by Urbis, Toowong Central is positioned as a “city-defining precinct reclaiming Toowong as ‘the best destination in the west’,” with a vision to deliver density differently, strengthen Toowong’s identity, and lead subtropical urban design.

There will be a wide range of apartment configurations, from one-bedrooms to five-bedroom penthouses, as well as short-term accomodation offerings. The design prioritises pedestrian permeability, with an activated public realm featuring a central civic plaza, laneways, and street-level retail and dining.

“The central square’s structure, programming, scale and location creates a social anchor - shaped by its edges, flexible for use, and animated by a diversity of experiences throughout the day and into the evening,” the Urban Context Report noted, reinforcing the project's ambition to become a vibrant community destination.

Design excellence was pursued through an international design competition, attracting entries from renowned practices such as UNStudio and BIG. KHA’s winning design distinguished itself with a ceremonial approach to the public realm, integrating terraces, tiered seating, and green infrastructure to promote social interaction and resilience.

The development builds upon two existing approvals: the 25- and 20-storey towers of the Aviary Toowong proposal, and a separate 25- and 24-storey approval at 88 Jephson Street. Consolidation of these fragmented landholdings under a precinct-wide approach allows for increased community value and cohesive urban integration.

Urbis Director Nicholas Stevenson said Toowong Central will bridge the gap in Toowong's current experience, unlocking the potential of the wider precinct.

"Overcoming experiential constraints and leveraging contextual advantages – Toowong Central will redefine Brisbane's inner west.”

<img alt="Toowong Central" data-entity-type="file" data-entity-uuid="73f7a702-625d-452d-9df2-30a0863ac1e8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/master.png?VersionId=TZdh6wxGC_8IIroXpdkZfuhlS8mFZnea" />

Toowong Central’s ambition extends beyond residential and commercial outcomes. Uses under consideration include a world-class hotel, university facilities, a museum, and health and wellness services, reflecting its role as a western gateway to Brisbane’s growing innovation corridor between the CBD and the University of Queensland.

Urbis Managing Partner James Tuma said Brisbane has no greater opportunity to showcase the future of urban living than Toowong – a sustainable, economically vibrant, and people-centric place that embodies the best of Brisbane.

[The plans] gives us a glimpse into our future as a globally relevant, youthful, entrepreneurial, and distinctly subtropical city.”

$1 billion Toowong Central to deliver 1,100 apartments to undersupplied Brisbane market

In <a href="https://www.apartments.com.au/developments/runaway-bay-qld-4216">Runaway Bay</a>, new townhouse-scale waterfront residences are rare - but ones built to the standards found on Sovereign Island are almost unheard of.

<a href="https://www.apartments.com.au/new-townhouses/ocean-suites-on-jennifer-10-12-jennifer-avenue-runaway-bay-qld-4216">Ocean Suites on Jennifer</a>&nbsp;changes that, delivering a calibre of construction and detailing that places its seven villas well above the typical market offering in this northern Gold Coast pocket.

Ocean Suites on Jennifer will be move-in ready before Christmas this year, giving buyers the chance to spend the summer on the water in one of Runaway Bay’s rare new waterfront residences.&nbsp;

[smartcode_project:default project_id=138718 project_image_fid=214444]

The development is a collaboration between <a href="https://www.apartments.com.au/architects/stuart-osman">Stuart Osman Design</a> and <a href="https://www.apartments.com.au/developers/sand-side-developments">Sand Side Developments</a>, with construction by <a href="https://www.apartments.com.au/builders/alroe-constructions">Alroe Constructions</a>.

Architect Stuart Osman says the intent from the outset was to create a home people would be drawn to. “When you build anything, the design is to make you want to go hang out in this house,” he says.&nbsp;

Ocean Suites on Jennifer’s design features a front façade softened with planter boxes, rear pool areas, and rooftop decks looking over the water.&nbsp;

Inside, voids and high skylights bring daylight deep into the centre of each home, while ceiling heights of 2.85 metres maintain a strong sense of volume.

Each four-level residence spans 345 to 388 sqm, with layouts accommodating multi-generational living - a ground-floor bedroom suite for older family members and upper levels for the rest of the household. A lift connects all floors.

[smartcode_project:default project_id=138718 project_image_fid=214435]

For Andrew Erwin, Director at NPA, the project’s appeal lies in both its location and the detail in execution.&nbsp;

"At Ocean Suites, you’ve got a canal-front setting with direct Broadwater access and a level of finish you’d normally only see in the city’s most prestigious addresses. The four-level layouts, the glass-framed living areas, the private pools, even the extended kitchens, every part of it has been designed with the buyer in mind,” he says.

Those buyers have so far been a mix of Gold Coast locals and interstate purchasers, many seeking a lock-up-and-leave holiday home or a downsized residence without sacrificing space for visiting family.&nbsp;

Older households with teenage children are a recurring profile, drawn to layouts that support multi-generational living and the ability to host extended stays.

[smartcode_project:default project_id=138718 project_image_fid=214432]

Material selection reinforces the project’s quality-first ethos, with every home appointed to a premium standard. Kitchens and ensuites feature engineered stone surfaces, complemented by prestige oak engineered timber floors, Victorian ash hardwood staircases, and soft loop-pile carpet.

Premium lighting, statement pendants, ceiling fans, and Fujitsu ducted air conditioning elevate both comfort and design. Each residence also includes a suite of high-end appliances as standard - Fisher &amp; Paykel integrated fridges, Bosch ovens, induction cooktops and dishwashers, Vintec wine fridges, and Franke sinks.

Beyond the interiors, residents enjoy an enviable lifestyle with rooftop terraces, private plunge pools, fire pit areas, outdoor showers, smart home automation, laundry chutes, and private pontoons.

[smartcode_project:default project_id=138718 project_image_fid=214452]

With no additional upgrade costs, Sand Side Developments underscores its no-shortcuts approach, delivering homes where luxury and amenity come as standard.

Osman adds that the kitchen has been designed as “the main hub of the house” with six metres high skylights above a galley-style layout that “makes it feel bigger, brighter, whiter” and “brings light into the centre of the home.”

Both architect and builder emphasise a shared commitment to delivering the intended design without compromise. “Working with Alroe’s structural team and their construction team, it’s been great to make sure that the look and feel that was originally intended is the result achieved at the end of the project,” Osman says.&nbsp;

[smartcode_project:default project_id=138718 project_image_fid=214453]

Outdoor living has been given equal consideration, with rooftop terraces designed for entertaining with a fire pit and bar, and spacious undercover patios featuring private plunge pools.

The marine access is as carefully executed as the homes themselves. An eight-metre gangway leads to a six-metre private pontoon capable of mooring vessels up to 30 feet, just 300 metres by water from the Broadwater.&nbsp;

Even the orientation of each villa has been optimised to capture long views down the canal, across the Broadwater, and south to Main Beach.

With construction in its final stages, just three of the seven villas remain, priced from $3.365 million to $3.695 million.

[smartcode_project_cta:default project_id=138718]

Sovereign Island standards come to Runaway Bay with Ocean Suites on Jennifer

Without local developer <a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a>, it could be argued that the small suburb of <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> would be left behind when it comes to both new housing and retail opportunities.

Gardner Vaughan, one of South East Queensland’s most reputable builder-developers, has been based in <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> for the last decade. They plan to maintain their presence in the northern <a href="https://www.apartments.com.au/developments/brisbane-qld">Brisbane</a> suburb, just seven kilometres from Brisbane Airport and nine kilometres from the city, with the development of <a href="https://www.apartments.com.au/new-apartments/danby-lane-nundah-village-5-danby-lane-nundah-qld-4012">Danby Lane</a>, the first major project in several years in the heart of the town centre.

GVG will retain one of the commercial spaces in the new mixed-use building for their office headquarters. It will be located in the commercial podium, alongside several other new office spaces. Below will be a street-level retail precinct designed to reinvigorate the local economy, and above, 84 brand-new apartments.

[smartcode_project:default project_id=112531 project_image_fid=320114]

Over 60 percent of the apartments have already been snapped up, with buyers eager to secure one of the rare new apartments in <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a>, as well as to benefit from Gardner Vaughan’s solid reputation and long-standing presence in the local community.

[smartcode_project:default project_id=112531 project_image_fid=320117]

Gardner Vaughan identified the site at the corner of Buckland Road and Danby Lane for its proximity to key amenities. Within 400 metres of the development, <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> Village offers a variety of cafes, restaurants, and pubs. <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> Train Station, just 400 metres away, provides a quick 20-minute train ride into Roma Street.

The development has also attracted young families, drawn to the proximity of not one, but twelve parks, with Boyd Park and Oxenham Park being the most notable. Established families have shown interest due to the close proximity of <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> State School and Mary MacKillop College.

The one- and two-bedroom apartments in the building have already been snapped up, while the larger three- and four-bedroom apartments—ranging from a generous 117 sqm to nearly 200 sqm—remain highly sought after. There are also just three exclusive luxury penthouses left to sell.

With its in-house construction capability, Gardner Vaughan has already commenced construction on-site and expects to complete the building by March 2027. It's hard to see another opportunity to buy brand new in <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a>, where creating a site anywhere near the scale of the Danby Lane is becoming more and more difficult.

[smartcode_project_cta:default project_id=112531]

Why Danby Lane is the focal point for change in Brisbane's Nundah

<a href="https://www.apartments.com.au/developers/metro-property-group">Metro Property Group</a>’s flagship townhouse development, Citrine Townhomes in <a href="https://www.apartments.com.au/developments/rochedale-qld-4123">Rochedale</a>, has reached another key construction milestone, with the first stage of townhouses now in the defects phase.

All building works for Stage 1 are complete, with the internal roads asphalted, line marking finished, and the bin store slab poured.&nbsp;All essential services, including permanent power, sewer, gas, and water, are now connected and operational.

The defects process is expected to continue until late-August.

<img alt="Citrine Townhomes, Rochedale" data-entity-type="file" data-entity-uuid="f48ad1d8-7bb2-424a-a378-2caa4d34c27d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/017%20-%20%20ROLLEY%20PHOTO%20MEDIA%20%20%20-24072025.jpg?VersionId=o5BC3LgYTwxcufsjldO8mkPww3gix1NC" />

Stage 2 is also moving forward steadily, with all townhouses sheeted, the first coat of paint applied, and joinery installed throughout. Tiling has been completed on six of the seven blocks, and the pool is scheduled to be pebblecreted by the end of August.

Stage 3 continues to gather momentum, with external cladding completed on three of the eight blocks. All townhouses have been fully roughed-in for electrical, plumbing, and air conditioning, and the first two blocks have now progressed to internal sheeting.

Stage 1 and 2 are 100 per cent sold and there are now just 10 four-bedroom townhomes left in Stage 3, priced from $1,125,000.

[smartcode_project:default project_id=136295 project_image_fid=211]

Residents at <a href="https://www.apartments.com.au/new-townhouses/citrine-townhomes-rochedale-311-gardner-road-rochedale-qld-4123">Citrine Townhomes</a> can also look forward to high-quality shared amenities. The residents' facility will feature a pool, landscaped areas, and a BBQ space, contributing to a lifestyle-focused community environment.

Metro’s fully furnished display home has generated strong interest locally, reinforcing the market’s confidence in the project. Stage 1 and 2 are completely sold out and Stage 3 has officially launched and is selling fast. Just 10 townhouses remain for sale in the development.

[smartcode_project:default project_id=136295 project_image_fid=273134]

The broader Citrine development comprises 90 three and four-bedroom townhomes designed across two to three levels, offering a contemporary contrast to Rochedale’s surrounding single-family homes.

Located just 17 km from Brisbane CBD, Citrine is within walking distance to schools, parks, and the popular Rochedale Village, home to Coles, medical services, and dining options.

Metro Property Group remains on track for project completion, with settlements forecast for Stage 1 in October/November 2025, Stage 2 in November/December 2025, and Stage 3 in January/February 2026.

[smartcode_project_cta:default project_id=136295]

First stage of townhouses at Citrine Rochedale reaches completion milestone

Morris Property Group

The Canberra-based developer and builder, Morris Property Group, is not slowing down its Gold Coast apartment development pipeline.

They've just taken their pipeline to over 1,000 apartments across the Gold Coast, lodging plans for a two-tower scheme in Broadbeach, where they have a number of applications&nbsp;on the desks of the Gold Coast City Council.

The first tower along Britannia Avenue will rise 40 storeys, and the second tower along Australia Avenue will rise 27 storeys, a combined 348 apartments across both towers. Both towers will have street frontage to both Britannia&nbsp;and Australia Ave.

The recreation level on level two&nbsp;is split to offer each building its own premium, including a pool, a large amount of open sun deck area, BBQ areas, a resident’s lounge, a gym and an outdoor yoga area.

Both buildings have been designed to offer generous landscaping at ground level and on the recreational area, with a design inspired to harness the green open spaces throughout Broadbeach.

<img alt="" data-entity-type="" data-entity-uuid="" height="1080" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/2022-07-19_24_-_photo.jpg" width="1920" />

The site is approximately 650m to the Broadbeach shopping and dining precinct along Surf Parade and approximately 350m to the beach.

Veteran developer Barry Morris said the sites had a major appeal for being located in one of Broadbeach's best areas.

"Future occupiers will enjoy the peaceful surroundings while remaining close to some of the best amenities in Broadbeach and more or less the Gold Coast," Morris says.

"We’ve been developing in the Gold Coast for over 20 years, and this project will be a significant residential project for the group. We adopted our tried and tested design principles of creating floor plans and amenities with the occupier’s front of mind and ensuring the ability to deliver a premium product.

<img alt="" data-entity-type="" data-entity-uuid="" height="1080" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/2022-07-19_20_-_photo_0.jpg" width="1920" />

‘MPG’s target market is owner occupiers, upgraders, downsizers and investors. Not everyone has $3million dollars to spend and we want to ensure we always provide affordable homes for all to enjoy," Morris added.

MPG secured the amalgamated&nbsp;3,305 sqm site through local development site specialists&nbsp;GV Property Group, who listed 13-15 Australia Avenue Broadbeach for sale last year, a collective sale of 12 individual unit owners that took over three months to put together.

Nine offers from local and interstate developers were received for the site, with Morris Property Group providing the most favourable offer to secure the site.

In the following months, a further two blocks to the north - eight&nbsp;units at 16-18 Britannia and four units at 20 Britannia Avenue were amalgamated and purchased off-market.

<img alt="" data-entity-type="" data-entity-uuid="" height="1080" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/2022-07-19_da_10_1_0.jpg" width="1920" />

The site acquisition and scale for MPG is something that has not been seen before in this pocket of Broadbeach, GV Property Group director Antonio Mercuri noted.

"The site has a lot going for it - two street frontages, unobstructed views down Federation Avenue and an expansive 45m North Facing frontage to Britannia Avenue - it's very clear why MPG had significant interest in securing the site," Mercuri said.

"We are happy to be working with a strong and reputable developer who provides not only ourselves but our vendors with certainty that they can transact on the site and in addition, develop the site into the future.

Morris Property Group currently have Sandbar Burleigh Heads and Essentia Surfers Paradise in the market, with the upcoming project Crest Broadbeach set to launch in the coming months.

Veteran developer Barry Morris said the sites had a major appeal for being located in one of Broadbeach's best areas

Morris Property Group continue Gold Coast apartment pile up with two-tower Broadbeach plans

The longstanding development and construction company, Morris Property Group, continues to add to their development pipeline, lodging two applications for residential projects in the in demand Broadbeach.

Veteran developer Barry Morris says the Gold Coast has seen several DA’s lodged in the past six to 12&nbsp;months, especially in Broadbeach.

"Buyers love Broadbeach because it, offers beachside living with metropolitan amenities, which is what the market is after," Morris says.

One of the newly lodged projects, at 22 Chelsea Avenue, is just a few doors down from their newly complete and sold out Opus project.

That will target the owner-occupier, with just 18 three-bedroom apartments across the 20-level tower.

The second level will home the recreation and will feature a barbecue&nbsp;area with outdoor dining, gym and pool. The space will provide an outlook towards Broadbeach Park and maximise northern sunlight.

The Queensland-based architecture firm&nbsp;Burling Brown designed 22 Chelsea Avenue, noting in their design statement that the small tower footprint and orientation of the building&nbsp;will result in a slender tower profile as viewed from the north, where the building will be most visually prominent.

<img alt="" data-entity-type="" data-entity-uuid="" height="2160" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/mpg02_render_4_a.jpg" width="3840" />

"The design incorporates strong and distinct angular edges that articulate the form," the statement noted.&nbsp;

"The use of a light and dark colour scheme and the inclusion of vertical elements up the western elevation produce a high quality and contemporary design."

Burling Brown also designed the other tower at&nbsp;2739 Gold Coast Highway, cleverly designed to have all 48 apartments face north. There will just be two-bedroom apartments in the building, three per floor.

The design of the building illustrates a contemporary look utilising a natural material palette to help complement the area and Broadbeach streetscape.

MPG now have&nbsp;four Broadbeach projects in the pipeline and one in Burleigh Heads. They're also set to be&nbsp;launching Essentia in Surfers Paradise in the coming weeks, which offers one and two-bedroom stock.

"This will be a great opportunity for us to receive some market data and get ourselves back in the selling game, preparing us for the many upcoming project launches," Morris added.

MPG currently has two residential projects under construction Sandbar Burleigh Heads which has limited stock remaining, as well&nbsp;as a new commercial building Mermaid Plaza, in Mermaid Beach.

Veteran developer Barry Morris says the Gold Coast has seen several DA’s lodged in the past six to 12 months, especially in Broadbeach

First look: Morris Property Group file plans for two more Broadbeach towers

One of Queensland&#39;s longest standing property developer and builder,&nbsp;Morris Property Group, is continuing to bulk up its Gold Coast apartment pipeline.

It&#39;s still focused around the Broadbeach area, with Morris, led by the veteran developer Barry Morris, set to lodge&nbsp;plans for Malo, a nine-level tower at 8 Jubilee Avenue, near Federation Park. There will be just 16 three-bedroom apartments.

Morris has had the site since 2006, and has cleared the old two-level, four-apartment building on the 607 sqm site.

The project has been designed by Canberra based architects Guida Moseley and Brown.

The building will also offer ground floor amenities and three levels of underground parking.

The building has been designed to complement the surrounding area&#39;s&nbsp;architecture seamlessly. The site neighbour&#39;s&nbsp;previous MPG projects, Qube and Synergy, and will be the group&#39;s ninth Broadbeach project.

As the group continues to lodge plans for high rise residential developments, the proposed project will position itself in the market for buyers seeking a modern Broadbeach apartment in a low rise building.

In the pipeline for Morris Property Group is Crest Broadbeach, a 37-storey residential tower on Armrick Avenue providing 157 two and three bedroom apartments.

MPG has also consolidated a site at 1873-1875 Gold Coast Highway Burleigh Heads, with a DA expected to be lodged in the coming weeks.

Morris has had the site since 2006, and has cleared the old two-level, four-apartment building on the 607 sqm site.

Morris Property Group set for owner-occupier focused Broadbeach apartment development

Morris Property Group, the popular&nbsp;Canberra and Gold Coast developer, has landed its next apartment development.

It&#39;s in the hot Burleigh Heads market, where MPG, headed by development veteran Barry Morris, has secured a 2,024 sqm double block at 1873-1875 Gold Coast Highway.

They&#39;ve paid $12.9 million for the site, sold through GV Property Group&#39;s Antonio Mercuri, which sits just 300 metres from the Burleigh entertainment and lifestyle precinct.

MPG plans a development comprising predominantly two-bedroom,&nbsp;two-bathroom&nbsp;apartments to provide housing more affordable to a broader section of the community.

<a href="/new-apartments/bondi-burleigh-1873-1875-gold-coast-highway-burleigh-heads-qld-4220">To keep up to date with the development and its launch, enquire here</a>

&quot;Burleigh Heads is a great lifestyle location and represents the relaxed Gold Coast way of life. 1873-1875 Gold Coast Highway is an amazing opportunity to provide more buyers with the opportunity to enjoy the Burleigh life,&quot;&nbsp;Barry Morris said.

<img alt="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/burleigh_hero_2.jpg" width="1200" />

&quot;The purchase of the Burleigh 1873 property comes hot on the heels of the group&rsquo;s purchase of 13-15 Armrick Avenue Broadbeach and 13-15 Australia Avenue Broadbeach as the group replenishes its Gold Coast development and construction pipeline.

&quot;There are several developments in the Burleigh area that offer multi-million dollar apartments to a select few; this is not our target market. We want more people to be able to enjoy Burleigh and everything it has to offer.&quot;

Antoni Mercuri, whose&nbsp;GV Property Group sold MPG the site, said there were over 20 enquiries from developers and investors, with six development groups&nbsp;submitting offers.

&quot;It is rare to find such a holding in the Burleigh precinct bounded by The Esplanade and the Gold Coast Highway, and the competitive tension between developers was a testament to the popularity of the area,&quot; Mercuri said.

<a href="/new-apartments/bondi-burleigh-1873-1875-gold-coast-highway-burleigh-heads-qld-4220">To keep up to date with the development and its launch, enquire here</a>

Morris Property Group first started developing on the Gold Coast in 2005 when they created Verve Broadbeach.

Since then, MPG has completed seven towers in Broadbeach, two in Mermaid Beach and three in Burleigh Heads totalling over 1,200 apartments.

The group has two Gold Coast apartments projects under construction including Sandbar Burleigh Heads and&nbsp;Essence Surfers Paradise. They recently sold out all of the apartments in Koko Broadbeach and Opus Broadbeach.

Only 10 apartments remain in Sandbar Burleigh, the 26-level development with 163 apartments.

MPG plans a development comprising predominantly two-bedroom, two-bathroom apartments to provide housing more affordable to a broader section of the community.



Morris Property Group set for Burleigh apartment tower after site purchase

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Offering world-class bay views, outstanding amenity and in-house facilities including a gymnasium, landscaped BBQ area and resident’s lounge, Miramar will be a fantastic place to call home. 

The building facade consists of large areas of glazing to make the most of both the bay and city views and fill living spaces with natural light. The elegant lines and uncomplicated form combine to create a remarkable building that will remain an icon for Geelong for many years to come.

[smartcode_project:default project_id=5557]

Superior finishes, top of the range inclusions and contemporary styling make Miramar a pleasure to come home to, now and into the future.

<figure><a href="/buildings/miramar-geelong-18-20-cavendish-street-geelong"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/miramar-geelong-18-20-cavendish-street-geelong-78b29ce3740fe33005d20cbf93d96f30.jpg?itok=Fqnll879" style="width: 580px; height: 287px;"></a></figure>Careful attention to detail is evident throughout, with opulent finishes such as stone bench tops and the use of natural materials including timber and stone.

Fisher and Paykel appliances including fully-integrated dishwasher, touch control ceramic cooktops and a concealed rangehood come as standard. A stylish black tectonite sink by Franke also brings a unique point of difference to the kitchen.

<figure><a href="/buildings/miramar-geelong-18-20-cavendish-street-geelong"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/miramar-geelong-18-20-cavendish-street-geelong-e6b128785d505f3419fc860daa39d2f4.jpg?itok=5pLKihQO" style="width: 580px; height: 356px;"></a></figure>Entertain blissfully in your spacious open plan living area, awash with natural light. And at night, gaze upon the ocean views where the calm gentility of the waves create a relaxing backdrop to your living spaces.

Whether it’s the short walk to the local cafe for lunch or the convenience of having Geelong’s best shopping on your doorstep, there’s just so much to love about living in the heart of Central Geelong.

<figure><a href="/buildings/miramar-geelong-18-20-cavendish-street-geelong"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/miramar-geelong-18-20-cavendish-street-geelong-cc69f412bc676e8d36862c7a109d83be.jpg?itok=gq4iauLW" style="width: 580px; height: 287px;"></a></figure>Miramar is within walking distance of Deakin University, Geelong Station, Westfield Shopping Centre and the Geelong CBD, and only one hour on the train to Melbourne.
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The building facade consists of large areas of glazing to make the most of both the bay and city views and fill living spaces with natural light.

urban.com.au

Why Miramar Geelong ticks waterfront and city living boxes for first home buyers

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Consisting of just 74 boutique luxury apartments, perfectly located in the heart of Macquarie.

Designed with owner occupiers in mind, all homes at Parc include oversize living spaces, well thought-out floor plans and abundant amounts of storage space.

All 74 spacious one, two and three-bedroom apartments are thoughtfully designed, with premium finishes and inclusions. Careful thought at the design phase has aimed to keep Body Corporate costs reasonable, and the boutique nature of the project means you’ll feel comfortable meeting your neighbours. 
Each apartment includes premium finishes such as: AEG &amp; Westinghouse appliances, stone benchtops and condenser dryers for your convenience. Windows and sliding doors are all double glazes, optimising the energy efficiency of your new home and limiting outdoor noise.

Living at Parc affords you the convenience of walking across the road to get your groceries from Jamison Plaza, or meet a friend at Ricardo’s for a quick coffee. A short drive takes you to Westfield Belconnen, offering an even wider array of shopping and entertainment options, and a selection of dining venues at Emu Bank.

Lake Ginninderra offers leisurely walks on the weekends with the family, or alternatively CISAC and AIS Arena present an extensive choice of fitness options. 
Spacious layouts to suit your lifestyle at Parc, Macquarie.
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Patrica

Check out why owner-occupiers will like new Macquarie apartment development Parc

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Rising 40 levels, on the corner of Queensland and Jubilee Avenues, Qube is set to create a new destination precinct for Broadbeach. With a vibrant retail plaza, almost half an acre of unique and stylish amenities on the residents recreation deck &amp; luxury apartments from level five, Qube is your opportunity to experience a new dimension in living. This property caters for all with 1, 2 and 3 bedroom apartments. Whether it is a couples weekend away or a family holiday, you will find what you are looking for at Qube Broadbeach.

<figure><a class="colorbox colorbox-insert-image" href="/buildings/qube-2-4-jubilee-avenue-broadbeach" rel="gallery-all"><img alt="" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/qube-2-4-jubilee-avenue-broadbeach-3124e272b64423ef44344538c89f9ba2_0.jpg?itok=rIkBgY_E" style="width: 580px; height: 387px;"></a></figure>The use of stone, timber veneer, LED feature lighting, Parisi tapware and Ilve appliances will impress while remaining perfectly functional. Everything has been considered and planned for, from additional storage to character detailing with recessed display shelving. This luxury finish extends beyond the kitchen with wool blend carpets, oversized floor to ceiling tiles and locally and imported fittings to ensure a sophisticated and timeless home throughout.

<figure><a class="colorbox colorbox-insert-image" href="/buildings/qube-2-4-jubilee-avenue-broadbeach" rel="gallery-all"><img alt="" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/qube-2-4-jubilee-avenue-broadbeach-1a491cc7ac0ccb61f32ab64e7037d792_0.jpg?itok=9Up-z-5S" style="width: 580px; height: 387px;"></a></figure>Everything that gives a richness to life is here: a broad sweep of beach along with restaurants, business and retail centres, the stimulation of fabulous Pacific Fair shopping and the world class entertainment of the Star Casino. And, being directly opposite the Broadbeach North Light Rail Station with direct access to the Gold Coast Highway, Qube’s connected location means adventure is just moments away.

<figure><a class="colorbox colorbox-insert-image" href="/buildings/qube-2-4-jubilee-avenue-broadbeach" rel="gallery-all"><img alt="" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/qube-2-4-jubilee-avenue-broadbeach-2e4fba571cd86496887ca1f168bcf7f1.jpg?itok=phrCzwXB" style="width: 580px; height: 387px;"></a></figure> 
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Morris Property Group

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