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]

Joel Robinson

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

The long-planned transformation of Brisbane's historic Shafston Estate has taken another major step, with Capella Hotel Group announced as the luxury hospitality partner behind what will become Brisbane's first branded residences.

The project, to be known as Capella Residences Brisbane, is being delivered by Verso Projects at the landmark Kangaroo Point riverfront estate, with completion targeted for 2029.

The announcement follows a series of planning changes to the project over recent years. The site was originally approved in 2023 for a 15-level, 37-apartment development designed by Rothelowman for Burgundy Group before Verso Projects took over the 10,070 sqm riverfront holding and lodged revised plans with Kerry Hill Architects to increase the development to a 25-level tower with 51 apartments.

The latest announcement confirms Capella Hotel Group will bring its branded residential offering to the project, marking just the second Capella Residences development globally after Seoul, and the group's first branded residential project in Australia.

The <a href="https://www.apartments.com.au/new-apartments/23-castlebar-street-kangaroo-point-qld-4169">Castlebar Street development</a> will centre around the restoration of the heritage-listed Shafston House, one of Brisbane's oldest residences, originally constructed in 1851 by Reverend Robert Creyke as a single-storey cottage known as Ravenscott.

<img alt="Capella" data-entity-type="file" data-entity-uuid="2b9f4ce5-638f-4d6b-8082-3ca7e4b75fca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-09%20at%207.20.41%E2%80%AFAM.png?VersionId=f7aeqsW_DzOJI4FymWb3lD8NptSfsP7q" />

Capella said the project aligns with its focus on heritage-led developments, with the Brisbane estate combining the restored historic residence with a new luxury apartment tower and hospitality-inspired resident amenities.

Residents will have access to the Capella Living Room, a concierge-led communal space inspired by the group's luxury hotels, alongside landscaped gardens, six swimming pools, wellness and recreation facilities.

The broader estate will also include two riverfront homes, a six-berth private marina, porte cochère arrival experience, secure basement parking and a new section of public riverwalk along the Brisbane River frontage.

The heritage Postal Depot Building will also be retained and repurposed as a guest house, in line with the revised development plans.

The project represents another evolution for the site, which Kerry Hill Architects previously described as a rare opportunity to restore one of Brisbane's most significant heritage estates while creating a new benchmark for apartment living.

"The Shafston Estate provides a once-in-a-generation opportunity to restore one of Brisbane's finest heritage precincts and to reinstate residential use as a unique site perched on the edge of Kangaroo Point," Kerry Hill Architects said in its Urban Context Report accompanying the planning submission.

"The project will celebrate excellence in sub-tropical residential design, setting a new benchmark for vertical living in Brisbane."

Verso Projects, which now has an $8.5 billion development pipeline spanning more than 6,000 dwellings across apartments, townhouses, retail and commercial projects, said the partnership with Capella would elevate the development beyond a traditional residential project.

"We feel honoured to be restoring Shafston Estate to its former glory, elevating it to new heights of luxury and excellence underpinned by Capella's distinctive service ethos and design philosophy, and making it a standout landmark in Brisbane," Verso Projects CEO Steve Laffey said.

"By partnering with Capella, globally recognised for its refined approach to luxury hospitality and deep respect for cultural and historical context, we will elevate this project beyond a residential offering into a world-class destination."

Capella Hotel Group President Roland Fasel said Brisbane's emergence as a global city made it the right location for the company's Australian residential debut.

"Brisbane is a city on the cusp of something remarkable, and Capella Residences is our commitment to being part of that story," Fasel said.

"The Capella residential experience is more than luxury. It is about a sense of belonging to a place with deep meaning."

Private appointments have now opened for the project, with a display suite expected to open in late 2026 ahead of the planned 2029 completion.

Capella to launch Brisbane's first branded residences at Shafston House, Kangaroo Point

Lewis Land's latest apartment release within its <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan is targeting one of the Gold Coast's fastest-growing buyer groups, with almost a third of apartments at Solis priced below $1 million.

The seven-storey building at Biggera Waters will comprise 91 apartments, including 24 one-bedroom residences starting from $778,000, a price point Lewis Land says is aimed squarely at first home buyers struggling to enter the Gold Coast market.

<img alt="Harbour Shires" data-entity-type="file" data-entity-uuid="e7486e37-22f6-4c92-b212-9b0622070b8f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.34%E2%80%AFAM.png?VersionId=W8MJwJUCf6HkIyl_EVSksnd.QI6MZryY" />

<a href="https://www.apartments.com.au/developers/lewis-land-group">Lewis Land</a> Head of Development Michael Long said the developer deliberately allocated a significant proportion of the project to more affordable apartment types.

"First home buyers have been priced out of many parts of the Gold Coast, and we saw a clear opportunity to address this and play our part in a longer-term housing solution," Long said.

"That's why 24 of the 91 apartments being delivered at Solis have been designed and priced for the city's next generation of homeowners, quality one-bedroom apartments, half of which include an additional multipurpose room to maximise space and flexibility.

"This approach places 30 per cent of apartments in Solis under $1 million, and with close proximity to Harbour Town's future light rail extension connecting residents to the city's major employment and knowledge hubs, it's a win for buyers looking to secure their first property."

<img alt="Sores" data-entity-type="file" data-entity-uuid="550526d3-73ba-4710-9739-c5f4294a30ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.29%E2%80%AFAM.png?VersionId=cQQdXHt9wS0UXwZEm5Py5bH_3kAmzyhu" />

Designed by BDA Architecture, Solis will deliver a mix of one, two and three-bedroom apartments, with residences ranging up to 232 sqm. Apartments feature generous balconies and contemporary finishes, while residents will have access to Harbour Shores' lagoon pool, clubhouse, tennis court, gym, yoga studio and sauna.

The focus on first home buyers resonated with purchaser Holly Humphreys, who said she and her boyfriend spent more than a year searching for their first property before shifting their attention from houses to apartments.

"We fell in love with the first house we bid on and got our hopes up, but after repeated knockbacks we learned not to get too attached," Humphreys said.

"We offered at the high end of price guides, but sales kept going even higher. That's where we really struggled and we needed to re-evaluate our budget and our expectations. Standalone houses were off the table, and we pivoted to apartments and townhouses."

Humphreys said it was encouraging to see developers recognising the growing demand from first home buyers.

"There's a growing number of young buyers looking to enter the market earlier because they understand that getting in now can make a real difference as prices continue to rise," she said.

"It's fantastic to see a developer recognise this and then actively take measures to deliver an apartment with us in mind."

Solis is the first development planned within the second stage of the Harbour Shores masterplan, with early works expected to commence in September 2026.

[smartcode_project_cta:default project_id=113271]

Lewis Land targets first home buyers at latest Harbour Shores release, Solis

Luxury apartment developer Abadeen has recorded $19.25 million in apartment sales across two of its Lower North Shore developments in the lead-up to the end of the financial year, headlined by the sale of a $6.75 million penthouse at <a href="https://www.apartments.com.au/buildings/koyo-crows-nest-5-rodborough-avenue-crows-nest-nsw-2065">KOYO in Crows Nest.</a>

The transactions also included the sale of a newly completed three-bedroom apartment at <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences in Cremorne</a> for $6.35 million, with the residence selling shortly after the project's first public inspections following completion.

The sales come as completed, owner-occupier-focused apartments continue to attract strong demand across Sydney's Lower North Shore, particularly from buyers looking for certainty and immediate occupancy.

The penthouse at KOYO spans 491 sqm across a single level and was designed by architect Koichi Takada. The development is one of Abadeen's flagship boutique projects in Crows Nest.

[smartcode_project:default project_id=108800 project_image_fid=370093]

Abadeen Executive Chairman and Founder Justin Brown said buyer activity lifted noticeably in the lead-up to the end of the financial year.

"We saw a clear increase in enquiry levels, inspection numbers and buyer engagement across our completed projects leading into the end of the financial year," Brown said.

"Buyers have become far more decisive over the past six months. The combination of improving confidence, limited supply and the ability to physically inspect completed residences is creating strong competition for premium apartments in the best locations."

Brown says the&nbsp;response to Park Residences following completion has been particularly strong.

"Buyers want certainty and are responding positively to the opportunity to walk through a finished product, inspect the quality firsthand and move in immediately," Brown suggested.

"Projects such as Park Residences and KOYO demonstrate that when the product is exceptional and the location is irreplaceable, buyers are prepared to act quickly."

[smartcode_project:default project_id=114246 project_image_fid=370116]

Abadeen CEO Joe Tack said quality continued to differentiate projects in the current market.

"Today's buyers are incredibly discerning," Tack said.

"They are seeking larger floorplans, premium finishes, walkability, lifestyle amenity and confidence in the developer delivering the project. Well-designed boutique developments continue to outperform because they offer something genuinely difficult to replace.

"The enquiry we are seeing across our completed and recently completed Lower North Shore portfolio is very encouraging, and we expect this momentum to continue into spring."

The sales follow increased enquiry across Abadeen's Lower North Shore portfolio which also includes <a href="https://www.apartments.com.au/buildings/northcote-collective-naremburn-2-northcote-street-naremburn-nsw-2065">Northcote Collective in Naremburn</a> which also completed recently.

KOYO penthouse headlines Abadeen's $19.25 million EOFY sales flurry

New Apartments

Accompanying the completion of the $430 million Glen Shopping Centre&nbsp;redevelopment is Sky Garden, one of the newly completed residential&nbsp;developments in Glen Waverley.

Comprising 546 one, two and three-bedroom residences, Sky Garden delivers a luxury living experience atop the most modern revamped shopping centre in the East.

[smartcode_project:default project_id=2881 project_image_fid=168801]

Designed by Rothelowman and DKO Architecture, the development boasts a collection of residences that suit a range of lifestyles and profiles, from growing families to downsizers and single professionals.

A relaxed sense of luxury fills every space, with seamless connections to the private gardens and panoramic views outside.

[smartcode_project:default project_id=2881 project_image_fid=168797]

Residents living at the project have access to over 4,000 sqm of internal and external facilities with one of the most impressive features being the rightfully named sky garden.

The sky garden offers the residents shade, sun lounges, a bar and kitchen for entertaining, kids playground, vegetable gardens, large lawns, private dining and seating sanctuaries.

[smartcode_project:default project_id=2881 project_image_fid=168552]

Construction on the development reached completion in December 2020.

Urban takes a look at three of the featured floorplans available at Sky Garden.

1. Azalea, Type 116

[smartcode_project:default project_id=2881 project_image_fid=168803]

Apartment Type 116 is one of the many floorplan configurations available at Sky Garden, offering two bedrooms and two bathrooms.

Boasting an internal area of over 70 sqm, the apartments feature an organic composition with a restrained outcome.

The residence includes an open-plan living and dining area, built-in robes, and an 8 sqm balcony.

2. Jasmine, Type 211

[smartcode_project:default project_id=2881 project_image_fid=168804]

Offering a slightly bigger floorplan at an internal area of 79 sqm, Jasmine Type 211 has two bathrooms, two bedrooms and a car space.

The apartment features walk-in robes, an open-plan living and dining space, and a master bedroom with ensuite.

Available on levels three through nine, the residence has a 9 sqm balcony and floor-to-ceiling windows.

3. Magnolia, Type 322

[smartcode_project:default project_id=2881 project_image_fid=168807]

Situated on levels seven through eleven, this Magnolia floorplan is one of five layouts available at Sky Garden.

Type 322 offers&nbsp;residents three bedrooms, two bathrooms and two car spaces, as well as abundant storage and a large master bedroom.

Set over a total area of 122 sqm, the home-sized apartment includes an open-plan kitchen, living and dining, curved floor-to-ceiling windows and built-in robes.

The large balcony commands exceptional views, from the majestic Dandenong Ranges to the towers of Melbourne&rsquo;s city skyline.

[smartcode_project_cta: project_id=2881]

Designed by Rothelowman and DKO Architecture, the development boasts a collection of residences that suit a range of lifestyles and profiles



max.kwok_55688

Floorplan focus: Three varied layouts available to buyers at Sky Garden, Glen Waverley apartments

Byron Bay has enjoyed a COVID-induced boom, with capital city holiday makers and investors driving the housing market&nbsp;in the small northern New South Wales town.&nbsp;

But the area is set to welcome a new breed of holiday maker. There&#39;s rare plans for new apartments on Jonson Street, the main street on the way in to town.

Low-key Melbourne investor Adam Garrison&nbsp;and Singaporean real estate tycoon Dr Stanley Quek are behind&nbsp;$52 million proposal for the&nbsp;mixed-use precinct at 90-96 Jonson Street, with local architect Harley Graham Architects designing the three-level building.

That&nbsp;includes ground level&nbsp;retail, some 1,750 sqm which will&nbsp;incorporate&nbsp;a spice alley. There will also be a cascading pool in the landscaped piazza by Daniel Baffsky at 360 Degrees.

Baffsky was&nbsp;given an extensive brief to green the structure in keeping with local subtropical climate and the buildings orientation.

<img alt="" height="674" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/90-96_jonson_st_byron_bay_2_0.jpg" width="1200" /> 
The plans submitted to the Byron Shire Council. Source: Harley Graham Architects

Levels one and two will be a mix&nbsp;two and three-bedroom apartments, ranging from 90 sqm to 120 sqm. Each will have a front terrace and a rear balcony, and most will have an internal lush lightwell.

Crowning the development will be a resident only rooftop, with swimming pool, pool deck, residential lawn, solar farm, yoga deck and native walking gardens.

There was a pre-lodgement meeting in March where it was revealed that when the notification to local Byron residents was distributed, there were three&nbsp;individuals expressing interest in the residential apartments, with two further sales enquiries received after the consultation closed.

They wanted to be kept updated on the proposal, however, were advised that a number of assessments and plans were yet to be finalised and that their interest was premature.&nbsp;

<img alt="" height="658" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/90-96_jonson_st_byron_bay_3_0.jpg" width="1200" /> 
The plans submitted to the Byron Shire Council. Source: Harley Graham Architects

There&#39;s concerns from locals the apartments will just become lucrative holiday lets and not address the chronic shortage or housing in the area. There are some 3,500 properties listed on Airbnb in the Byron Shire,&nbsp;

It&#39;s the second plans lodged on Jonson Street this year.&nbsp;

Developer Podia has <a href="/news/nsw/27-million-byron-bay-serviced-apartment-project-lodged-by-podia">proposed a $27 million development including serviced apartments</a> at the Holiday Village Backpackers site in Byron Bay.

The project is proposed for 116 and 118 Jonson Street, Byron Bay, currently the Holiday Village Backpackers.

DESIGN SUMMARY

The overall design aims for an environmentally and socially sustainable development. Delivering an integrated experience between the architecture, landscape and varied public and private activates of the site, creating a vibrant precinct to live and visit. This is achieved through multiple devices, including;

&bull; Improved pedestrian connection 
&bull; Activated public frontage 
&bull; Inclusion of fine grain retail spaces 
&bull; Contemporary residential amenity 
&bull; Connection to public amenity including greenspace and transport 
 
The landscape is conceived as a holistic urban garden. The landscape is a counterpoint to the modern architecture and a complement to the district &rsquo;s vernacular. It is a juxtaposition of a wild oasis and a familiar domestic courtyard. It is both elevated and vertical, and being integral to the architecture, demonstrates a progressive whole-of-building approach to the urban landscape that breaks free of the typology of peripheral and interstitial boundary treatments and singular ground floor or podium landscape. The whole of building landscape approach seeks to create a cohesive environmental and socially sustainable landscape and living building.

The sequence of landscape components (streetscape and piazza, retail lane, podium gardens, and residential amenity) combine to create an integrated, verdant and diverse sequence of spaces that contributes to both the private domain of the building&rsquo;s residents and the public domain of the broader Byron precinct.

The overall design aims for an environmental and socially sustainable landscape and an integrated landscape experience with the buildings architecture and function, activating the site and creating a vibrant precinct and place to live. The podium gardens have been designed with the intention to form a focus on the development and provide complete site cover of landscape. These spaces also provide social and recreational opportunities for residents, while contributing to the urban character, visual quality and biodiversity of the area.

This development demonstrates a progressive approach to landscape integration with residential development. In this project, the garden contributes as much to the character of the street and broader precinct as it does to the enjoyment of the buildings tenants. The studied integration of landscape and architecture also provides environmental benefits including reduction of the heat island effect, stormwater absorption and creation of urban habitat.

Fundamentally the Landscape Architectural design sets out to provide a stimulating environment responsive to the scale of the development that adheres to the local planning controls, including ESD initiatives and native planting requirements. Environmentally, the diversity of landscape expressions and significant site coverage will help reclaim a site that is predominantly carparking into a habitat for local flora and fauna.

Levels one and two will be a mix two and three-bedroom apartments, ranging from 90 sqm to 120 sqm

Byron Bay set for new apartments as plans for $52 million mixed-use Jonson Street precinct lodged

Developers have seen an increased demand in residential and mixed-use developments that feature a unique offering that buyers may not find elsewhere.

There&#39;s a wave of new developments which border some of Australia&#39;s most popular racetracks. The residences, all part of a wider mini-masterplan community on the undeveloped land, deliver an amenity-rich lifestyle for owner-occupiers, and have discerning investors interested in the potential windfall rental income due to its location.

Urban takes a look at five projects located close-by or on some of the country&rsquo;s most well-known horse racing tracks.

1. Thomas Street, Moonee Ponds 
Developer: Hamton 
Two-bedroom apartments from $645,000

[smartcode_project:default project_id=103179 project_image_fid=167493]

Thomas Street residents will have access to a resort-like rooftop pool and deck that will overlook the city skyline and Moonee Valley Racecourse.

Situated in Moonee Ponds, the project unifies contemporary forms with a distinct design with timeless interiors by Mim Design and a natural palette.

[smartcode_project:default project_id=103179 project_image_fid=167471]

Designed by Rothelowman, other amenities on offer include a wellness sanctuary with outdoor deck and grassed area, Stonepine Square, an idyllic gathering place surrounded by shady pergolas and a dog wash station. &nbsp;

2. Feehan Row, Moonee Ponds 
Developer: Hamton 
Three-bedroom townhouses from $1,195,000

[smartcode_project:default project_id=102580 project_image_fid=167439]

Botanical green spaces form the cornerstone of Hamton&rsquo;s Feehan Row, with walking trails, sporting fields and green community spaces.

The development, part of the masterplan which also includes Thomas St,&nbsp;was inspired by the historic nature of the site, originally Feehan&rsquo;s Farm leased by W.S. Cox in 1992 for use as a racecourse.

Each home has an individualised entry that makes a statement, delivering a modern interpretation of a Victorian terrace, designed by Rothelowman and Tract Landscape Architects.

[smartcode_project:default project_id=102580 project_image_fid=167425]

&ldquo;We believe that residents will love living at Feehan Row because in addition to the timeless design of these homes, they can access a rich environment of amenities and parkland&rdquo;, said Rothelowman principal Chris Hayton.

3. Newmarket Residences, Randwick 
Developer: Cbus Property 
Floorplan available upon request

[smartcode_project:default project_id=7591 project_image_fid=77904]

At the centre of Sydney&rsquo;s horse racing culture, Newmarket Residences boasts two eight-storey apartment buildings that will sit above a vibrant retail plaza in Randwick.

Located at the site of the racing&rsquo;s Inglis family&rsquo;s Newmarket Stables, purchased in 1917, the development provides a direct pedestrian connection to the heritage stables.

Designed by Bates Smart, the homes and apartments boast considered details, indoor and outdoor living, classic tones and handcrafted finishes.

[smartcode_project:default project_id=7591 project_image_fid=77908]

The five-hectare site will include a playground, 5,000sqm of parkland, 2,300sqm of retail and 642 apartments and terraces.

4. The Ascot, Flemington 
Developer: Blue Earth Group 
Two-bedroom apartments from $639,000

[smartcode_project:default project_id=4739 project_image_fid=169154]

Just a short walk from the fabled Flemington Racecourse, the Ascot is a brand-new residence boasting 146 apartments across two buildings.

Boasting the best of a vibrant inner-city neighbourhood, the CHT Architects-designed project is full of historic charm and an array of high-quality amenities and services.

[smartcode_project:default project_id=4739 project_image_fid=169155]

The development features landscaped multi-purpose gardens, curated by Jack Merlo, and is located just four-kilometres away from the Melbourne CBD.

5. Ascot Green, Eagle Farm 
Developer: Mirvac 
[smartcode_project:default project_id=27556 project_image_fid=71309]

Having sold out the first two residential stages of their Ascot Green development flanking the Eagle Park Racecourse in Brisbane, the ASX-listed developer&nbsp;Mirvac&nbsp;has lodged plans for its third stage.

The third, subtropical-inspired apartment block will rise 14 levels with 111 apartments and a rooftop with panoramic city and track views. That will also feature a private dining room and lounge areas.

It will home the community&#39;s first four-bedroom apartments, as well as four integrated terraces with direct access to green open space fronting the racecourse.

Overlooking some of Australia’s best-known racecourses, these residences deliver an amenity-rich lifestyle for owner-occupiers and, for investors, the potential for holiday rentals.

Five apartments and townhouses being built alongside Australia’s best-known racecourses

Integrated with high-end retail, Amara City Gardens is the only private residences situated within the Garden City Perth precinct.

Located in the established suburb of Booragoon, residents can enjoy the neighbourhood&rsquo;s convenient mix of parks, reserves and commercial offerings.

Developed by Iris Residential, the project captures buyers&rsquo; increased interest in generous resident amenity, quality architecture and stylish finishes.

[smartcode_project:default project_id=8266 project_image_fid=158138]

&ldquo;We have captured the glamour and glitz of the retail environment with warm golds and lucrative textures, appealing to the discerning buyer&rdquo;, the developers said.

Upon completion, the project will home 124 one, two and three-bedroom apartments.

Inside the residences, high-quality finishes include large balconies, 2.7-metre ceilings, generous storage, and undercover secured car bays.

[smartcode_project:default project_id=8266 project_image_fid=158127]

The timber and marble-appointed main lobby completes the luxurious appointments that are exclusive to Amara City Gardens residents.

Designed by Cameron Chisholm Nicol, each apartment features open-plan living, mirrored robes and the choice between three contemporary colour schemes.

Some apartments boast sweeping vistas of the Perth skyline and Swan River, contributing to the elegance of the home.

[smartcode_project:default project_id=8266 project_image_fid=158128]

Among resident facilities include a large residents&rsquo; dining area, with fully-equipped kitchen and private wine cellar, an open-air barbeque and sunset veranda, a modern gym and a rooftop tai-chi and yoga deck.

With an array of solar PV cells, double-glazed windows and electric vehicle charging bays, Amara has been designed with the future in mind.

The development achieves a seven-star NatHERS rating, and includes secure bike racks, manicured gardens and an abundance of natural light.

[smartcode_project:default project_id=8266 project_image_fid=158135]

The sought-after Booragoon, which has recorded a quarterly growth of 4.4 per cent for two-bedroom apartments, according to SQM research, also boasts numerous health and medical facilities, schools and transport options within walking distance from the home.

Amara City Gardens has already sold 60 per cent of their stock, with only two and three-bedroom apartments remaining, reflecting the attractive investment opportunities the residences present.

It is expected to reach completion in mid-2022.

[smartcode_project:default project_id=8266 project_image_fid=158117]

About the developer

Iris Residential is a private Western Australian-based property developer with a strong and successful track record in delivering quality residences.

The company has undertaken over $1 billion of developments, with more than 1100 apartments purchased by local buyers.

[smartcode_project_cta: project_id=8266]

Developed by Iris Residential, the project captures buyers’ increased interest in generous resident amenity, quality architecture and stylish finishes. 

Steps away from Perth’s finest retail: Discover Amara City Gardens in Booragoon

With Sydney&#39;s luxury market proving resilient, many buyers are seeing the benefit of investing in a high-end development at affordable prices because downsizing does not mean downgrading.

Whether your children have moved out or you&#39;re wanting to save money, downsizing provides a great option for couples of all ages.

Below are five of the best downsizer apartments on the market in Sydney to help you on your journey towards finding a new home.

1. Bloom Arncliffe 
Developer: Wingate 
Two-bedroom apartments from $699,000

[smartcode_project:default project_id=6201 project_image_fid=89013]

Offering one, two and three-bedroom apartments across seven state-of-the-art buildings, Bloom is the latest development to hit Arncliffe.

Placed in a prime position between the city and the coast, residents enjoy the benefits of being close to Sydney&rsquo;s southern beaches, as well as the Illawarra line&rsquo;s direct link to the CBD, the Inner West and Bondi.

Designed by EJE Architecture, the home features spacious island benches, walk-in pantries, spacious floorplans, and entertaining space.

2. Auburn Square, Auburn 
Developer: Tian An 
Two-bedroom apartments from $615,000

[smartcode_project:default project_id=7317 project_image_fid=79239]

Auburn is a hub of connectivity situated in the geographical heart of Sydney, offering the benefits of suburban living, with great transport accessibility to business centres including Parramatta and the CBD.

Auburn Square has been designed for ultimate day-to-day liveability.&nbsp;Its precinct vision is largely inspired by the nearby Auburn Botanical Gardens,&nbsp;aiming&nbsp;to connect residents and foster a community feel.

Designed by Rothelowman, the development features 2,000sqm of green space, an impressive rooftop garden, outdoor fitness area, film projector and screen and barbeque space.

3. Eminence, Zetland 
Developer: Meriton 
One-bedroom apartments from $745,000

[smartcode_project:default project_id=21882 project_image_fid=71328]

Eminence is a trio of boutique buildings commanding four street frontages nestled between the transformational Green Square precinct and the CBD.

As well as 1,840sqm of lush podium gardens, the development by Meriton offers luxurious five-star amenities for year-round resort enjoyment.

Directly across from your home at Eminence, Gunyama Park Aquatic and Recreation Centre features beach-inspired pools, open-air training facilities, boardwalks and playgrounds.

4. Arcadia, North Lane Cove 
Developer: Dasco Australia 
Price for two-bedroom apartments available upon request

[smartcode_project:default project_id=6912 project_image_fid=153916]

Close by Chatswood&rsquo;s commercial, entertainment and dining offerings and the thriving Lane Cove Village, Arcadia is a sophisticated and elegant residence on Sydney&rsquo;s Lower North Shore.

Boasting rooftop gardens, a gym, barbeque areas and a dedicated workspace lounge, the development boasts great amenities for downsizers and first-home buyers alike.

Designed by PSEC Project Services, Arcadia residences include floor-to-ceiling sliding glass doors and abundant natural light, while some residences boast dual terraces and balcony access from the master bedroom.

5. Destination, Macquarie Park 
Developer: Meriton 
One-bedroom apartments from $600,000

[smartcode_project:default project_id=8669 project_image_fid=71739]

Located within NSW&rsquo;s second-largest business district, Destination offers lots of opportunities to downsizers hoping to take advantage of Macquarie Park&rsquo;s competitive advantages.

Delivered by Meriton and designed by DKO Architecture, Destination offers serene garden terraces, timeless design and views from every angle.

The development provides large apartment layouts with house-like proportions, tailored materials and classic detailing.

A look at five downsizer apartments on the market in Sydney to help you on your journey towards finding a new home

Downsizing does not mean downgrading: Sydney’s best downsizer apartments on the market today

Melbourne is expected to see prices continue to rise as unmet future residential demand shifts to emerging areas around the CBD.

With an upswing expected later this year as investor interest in the Victorian property market rises, buyers who get in early will be rewarded with competitive prices on off-the-plan residences.

Urban takes a look at the top four Melbourne apartments marketed as investor-friendly properties.

1. R.Iconic, South Melbourne 
Developer: R.Corporation 
One-bedroom apartments from $506,500

[smartcode_project:default project_id=5234 project_image_fid=167355]

Set on a rare island site with prime park frontage, R.Iconic has been labelled a great investment opportunity by its developers.

Apartments at the South Melbourne building are guaranteed to secure five per cent net annual return for four years, thanks to its great location in a high-growth Melbourne precinct.

&ldquo;The Emergence of South Melbourne&rsquo;s Montague precinct provides a generational opportunity to secure a new CBD quality apartment at an exceptional price that simply can no longer be delivered in the CBD&rdquo;, the developers have said.

[smartcode_project:default project_id=5234 project_image_fid=84282]

Investors will also enjoy knowing that R.Iconic residences boast deposits as low as $20,000, making it easy to invest in a project redefining inner-city Melbourne living.

Expected to reach completion in mid-2022, the building showcases one, two and three-bedroom apartment configurations and 38 world-class resident-only amenities.

Focusing on natural surroundings, wellbeing, fitness, entertaining and technology, R.Iconic has double the amenities of any project of its type.

2. Hawthorn Park, Hawthorn East 
Developer: Dahua Group 
One-bedroom apartments from $609,000

[smartcode_project:default project_id=3730 project_image_fid=35252]

Hawthorn Park is a sophisticated residential mid-rise that is strategically located amongst Hawthorn East&rsquo;s several transport, education, lifestyle and amenity offerings.

According to the DHHS, apartments in Hawthorn East have registered median rental growth of 4.2% per annum for one-bedroom apartments in the ten-year period to March 2021, in spite of the continued impacts of the coronavirus pandemic.

&ldquo;Looking forward, high demand driven by the catchment&rsquo;s proximity to education, transport and amenity, coupled with the ongoing growth of the renal market, is likely to attract market interest from interstate and overseas investors&rdquo;, the developers said.

[smartcode_project:default project_id=3730 project_image_fid=30658]

Residents will enjoy the property&rsquo;s landscaped green spaces and parks that feature fruit and vegetable gardens for dwellers to grow their own produce.

The project also features a sky boardwalk, splash pool, sky lounge, massage suites and fully-equipped gym.

3. Voyager, Docklands 
Developer: Mirvac 
Two-bedroom apartments from $706,500

[smartcode_project:default project_id=3494 project_image_fid=90814]

Docklands is continuing to develop as a place where people choose to live, work and visit, becoming the country&rsquo;s largest construction project.

Mirvac&rsquo;s Voyager at Yarra&rsquo;s Edge delivers a range of one, two and three-bedroom apartments across 43 levels.

According to the developers, &ldquo;[a]stute investors in Voyager will see opportunity in purchasing within the already established Yarra&rsquo;s Edge community.&rdquo;

Contemporary apartments and a number of resident-only amenities has encouraged investors to purchase into the development.

[smartcode_project:default project_id=3494 project_image_fid=89724]

Facilities include a resident sky deck, dining room and bar, hanging gardens, 270-degree skyline views and a cinema and karaoke room.

The rental market for Docklands is strong with median rents for two-bedroom apartments higher than across Greater Melbourne at $465 and $385 per week, respectively, according to SQM Research.

4. Ryrie Home, Geelong 
Developer: Franz&eacute; Developments 
One-bedroom apartments from $375,000

[smartcode_project:default project_id=5559 project_image_fid=88241]

Although not in Melbourne, local and interstate investors are flocking to coastal investments thanks to a shift in lifestyle for many city-dwellers.

Population growth is always a key driver for increased demand in the residential market and thanks to a population growth forecast at 3.14 per cent per annum, the demand for housing in Geelong will yield consistent returns.

&ldquo;The median sale price for apartments in Geelong has grown significantly, on average 10 per cent per annum over three years, this suggests strong capital growth returns&rdquo;, the project marketing stated.

[smartcode_project:default project_id=5559 project_image_fid=88244]

As the fastest-growing regional city in Australia, Ryrie Home delivers investors the pleasure of owning a beautiful apartment for an affordable price.

Each apartment boasts secure basement car parking and storage units, as well as access to hotel amenities, commercial retail and views across Corio Bay and the Botanical Gardens.

Melbourne is expected to see prices continue to rise as unmet future residential demand shifts to emerging areas around the CBD

The top four Melbourne apartments marketed as investor-friendly properties 

Offering a collection 27 one, two and three-bedroom townhomes, Ascent is the newest development to hit the Sunshine Coast.

Situated at 19 Ellis Way, each residence offers an open plan layout with natural light and an undeniable feeling of space.

The home harmonises perfectly with the relaxed lifestyle of the Sunshine Coast, with residents enjoying parklands, schools, shops and restaurants just minutes away.

[smartcode_project:default project_id=27638 project_image_fid=83429]

&ldquo;A beacon for informed investors and the young professional alike, all eager to settle and enjoy living in this ultimate location&rdquo;, the developers said.

Architecturally designed, the project features a sophisticated design, timber features and thermal chimney skylights.

Ascent incorporates a stylish blend of sophistication and modern design offering buyers the best of both worlds with low-maintenance townhouse living and low body corporate fees.

[smartcode_project:default project_id=27638 project_image_fid=83430]

Some of the home&rsquo;s features include louvred windows, stone benches, generous balconies and a single lock-up garage.

The development is conveniently located less than ten minutes to Caloundra Business District.

[smartcode_project_cta: project_id=27638]

The home harmonises perfectly with the relaxed lifestyle of the Sunshine Coast, with residents enjoying parklands, schools, shops and restaurants just minutes away

A look at Ascent, the latest townhouse development in Sunshine Coast’s Meridan Plains 

Chapman Gardens is a new residential offering in Sydney’s leafy Hills Shire, boasting a collection of 100 duplex-style apartments.

Developed by the CG Group, Chapman Gardens offers one, two and three-bedroom residences that are situated just six minutes from the Hills Showground metro station.

The landmark development comprises three low-rise buildings in a landscaped setting, with an articulated design that cleverly softens the streetscape.

[smartcode_project:default project_id=29359 project_image_fid=199352]

“Clever design and contemporary features combine to create interiors that fuse style with substance”, the project marketing reads.

Designed by PTW and Urbis, the development offers generous apartments with sophisticated interiors and high-quality finishes, with three-bedroom apartments in Castle Hill under $1,000,000.

The kitchens form the heart of the residences and boast stone benchtops with a contemporary waterfall edge and pull-out pantries that optimise storage space.

Ideal for entertaining friends and family, the homes feature abundant entertaining areas, high ceilings and low-maintenance alfresco zones, while a select number of apartments feature private courtyards and direct street access.

[smartcode_project:default project_id=29359 project_image_fid=199353]

Castle Hill is adored for its recreational attractions and abundance of green open space, with picnic areas, walking tracks and playgrounds within close proximity to the development.

"The Hills Showground Station Precinct is poised for significant redevelopment, including new housing, retail and a public plaza and park, which will inject new life into the suburb while enjoying lifestyle benefits and value-growth", the project marketing highlighted.

Well-connected by public transport, commuters will only have to travel a short distance into employment hubs such as Chatswood and Parramatta.

The state-ranked Baulkham Hills High School is located a short bus trip away, as well as numerous private schools.

[smartcode_project_cta: project_id=29359]

The landmark development comprises three low-rise buildings in a landscaped setting, with an articulated design that cleverly softens the streetscape. 

Three-bedroom apartments at the brand-new Chapman Gardens development in Sydney’s Castle Hill

The Peak is the newest thin-scraper in the heart of the Melbourne CBD from developers Auriton, in joint venture with the Vic Investments Management Group (VIMG).

Comprising a collection of 177 one and two-bedroom apartments, the project occupies the site of the former pulsing jazz venue on Bennetts Lane.

&ldquo;Find your space, secluded high above the hustle and bustle of city life&rdquo;, the project marketing reads.

[smartcode_project:default project_id=2905 project_image_fid=162743]

Designed by Plus Architecture, the tower delivers 43 levels of residential apartments and amenities, and three levels of ground-floor retail fronting La Trobe Street.

The homes feature a classic, minimalist aesthetic, with white accents contrasting against black and gold.

[smartcode_project:default project_id=2905 project_image_fid=162741]

Each apartment is available in either light or dark scheme, allowing residents another way to customise their home.

Light timber floors maintain the timeless palette, as well as floor-to-ceiling windows and panoramic views across the city and the Carlton Gardens that reside below.

[smartcode_project:default project_id=2905 project_image_fid=162748]

The architects and developers have focused on form and function, with smart inclusions and clever storage options.

Designed to be sleek and understated, the kitchens feature Bosch stainless steel appliances, stone bench tops and gold fixtures, providing the ideal atmosphere whether entertaining or relaxing.

[smartcode_project:default project_id=2905 project_image_fid=162742]

Apartments in the tower boast large floorplans, as well as a sky deck for all residents to utilise.

Other communal facilities in the project include a shared lounge, kitchen and dining room and expansive outdoor balconies.

Residing on the fringe of the education precinct, The Peak is located only a short walk away from RMIT and the University of Melbourne, as well as arts, entertainment, dining and natural wonders.

&nbsp;

<h2>Who is VIMG?</h2>

Vic Investments Management Group (VIMG) is one of the most respected local property developers in Australia.

The group has earned an enviable reputation in property development by providing customers with a high level of service across its service range.

Some of their recent projects include&nbsp;<a href="/new-apartments/coventry-haus-33-coventry-street-southbank">Coventry Haus</a> in Southbank and&nbsp;<a href="/buildings/metrolitan-melbourne-137-bourke-street-melbourne">Metrolitan Melbourne</a>&nbsp;on Bourke Street.

[smartcode_project_cta: project_id=2905]

Comprising a collection of 177 one and two-bedroom apartments, the project occupies the site of the former pulsing jazz venue on Bennetts Lane

Secluded in the sky: The interiors inside Melbourne’s newest thin-scraper, The Peak

With many developments expected to reach completion before the end of the year, Urban has decided to take a look at five soon-to-be-completed developments offered in Victoria.

1. Haven Townhomes, Keysborough 
Address: 42 Homeleigh Road, Keysborough VIC 3173 
Three-bedroom townhomes from $675,000

[smartcode_project:default project_id=8082 project_image_fid=59641]

With an estimated December completion, buyers of Haven Townhomes could move into their new three or four-bedroom townhome before the end of the year.

Delivered by Aultun Property Group, Haven encompasses a variety of two-storey floorplans that suit to any needs. &nbsp;

[smartcode_project:default project_id=8082 project_image_fid=59637]

The townhomes are part of a unique waterside estate, designed by Cera Stribley Architects, boasting access to parklands and wetlands, sporting facilities, shops and transport.

2. MCKN, McKinnon 
Address: 236 Jasper Road, McKinnon VIC 3204 
Two-bedroom apartments from $755,000

[smartcode_project:default project_id=4939 project_image_fid=152593]

Construction has already begun on DealCorp&rsquo;s new McKinnon development, MCKN, which is set to reach completion in Q3.

The development boasts 41 two and three-bedroom apartments in close proximity to Alnutt Park and the beach.

[smartcode_project:default project_id=4939 project_image_fid=152584]

Designed by local architects Ritz &amp; Ghougassian, MCKN features spacious floorplans, balconies with skyline views and convenient amenities within walking distance.

3. Voyager, Docklands 
Address: 103 South Wharf Drive, Docklands VIC 3008 
Two-bedroom apartments from $706,500

[smartcode_project:default project_id=3494 project_image_fid=90814]

Mirvac&rsquo;s residential tower, Voyager, is one of the newest developments set within the masterplanned Yarra&rsquo;s Edge precinct on the Docklands waterfront.

The 43-storey building is set to reach completion in September as the tallest building to date at Yarra&rsquo;s Edge, offering views across the city skyline.

[smartcode_project:default project_id=3494 project_image_fid=89724]

Residents will enjoy the best in marina living with significant shared amenity, including over 1,000sqm of fine dining and retail, a wellness centre, parklands and a marina berth.

4. Two51 on Swan, Richmond 
Address: 245-251 Swan Street, Richmond VIC 3121 
Two-bedroom apartments from $1,030,000

[smartcode_project:default project_id=3298 project_image_fid=30548]

Residents who buy into Blueprint Project&rsquo;s art-deco inspired development, Two51 on Swan, won&rsquo;t have to wait long before moving in with completion estimated for August.

The half and full-floor penthouses in Richmond come in two, three and four-bedroom configurations, designed by Watson Young Architects.

[smartcode_project:default project_id=3298 project_image_fid=96136]

Other features include a grand lobby, open-plan layouts, and an expansive open-air &lsquo;winter garden&rsquo;, with integrated balustrades finished with stone, timber and metal textures.

5. Eastside at Highlands, Craigieburn 
Address: 1 North Shore Drive, Craigieburn VIC 3064 
Two-bedroom townhomes from $415,000

[smartcode_project:default project_id=92985 project_image_fid=148502]

Stockland have released 41 turnkey homes for low-maintenance and relaxed living in Melbourne&rsquo;s Craigieburn.

The two and three-bedroom homes, which are expected to reach completion in September, boast generous floorplans, secure garages and landscaped backyards.

[smartcode_project:default project_id=92985 project_image_fid=148500]

Located in a thriving location, Eastside at Highlands ticks all the boxes. It is situated within close proximity to primary schools, award-winning parks and shopping centres.

With many developments expected to reach completion before the end of the year, Urban has decided to take a look at five soon-to-be-completed developments offered in Victoria

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