Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

Sydney house prices continued their surge over&nbsp;January, with&nbsp;affordability issues continuing to plague prospective buyers in the city&rsquo;s inner suburbs. &nbsp;

Growing house prices are pushing more and more home buyers in to the apartment sector, with many looking at the value in off the plan apartments, with small deposits before completion, and room for value growth while the apartments are being developed.

Urban has had&nbsp;a look at the best off-the-plan apartments for sale in Sydney&rsquo;s inner-city suburbs.

<h2>1. Waterfall by Crown 
Developer: Crown Group</h2>

Positioned four kilometres east of the Sydney CBD, Waterfall by Crown Group is a collection of four towers inspired by the tropical landscapes of Indonesia.

The luxuriously appointed apartments include 331 residences in one, two and three-bedroom configurations.

[smartcode_project:default project_id=5763 project_image_fid=182359]

The ground-breaking new development delivers a sophisticated, resort-style residence to Waterloo, offering a balance of luxury, nature and beauty.

Designed by SJB Architects, the development features an internal lagoon, lush rooftop escape, tropical bamboo walk, and a 22-metre waterfall.

<h2>2. Alex Collective 
Developer: Ceerose</h2>

In the neighbouring suburb of Alexandria, Ceerose is delivering a collection of 163 one, two and three-bedroom apartments at Alex Collective.

&quot;Alexandria has always been a highly sought-after location with its unique terraces, warehouse-style apartments and heritage homes in a historic industrial-aged setting&rdquo;, said director of residential at Colliers, David McMahon.

[smartcode_project:default project_id=29785 project_image_fid=91570]

Designed by Andrew Burns Architecture, each apartment boasts floor-to-ceiling storage, bay windows and a balcony fringed by greenery.

The homes also feature concrete-inspired stone benchtops, sandstone-coloured joinery and integrated appliances.

<h2>3. Mastery by Crown 
Developer: Crown Group</h2>

Not far from Crown&rsquo;s other development, Mastery by Crown Group delivers a new cluster of five newly completed buildings in Green Square.

Set to become Australia&rsquo;s first Japanese-themed residential community, the development will feature 368 luxury apartments and a 2,175sqm retail precinct, which will home 27 stores and a new Japanese eat street.

[smartcode_project:default project_id=7020 project_image_fid=25155]

Mastery is the last council-permitted tower for the area, meaning that this is an exclusive opportunity to secure views that will be impossible to replicate in Waterloo with existing zoning rules.

Inspired by the interplay of light, hikari, and shadow, kage, each interior features modern and sophisticated fittings and furnishings designed to enrich residents&rsquo; health and happiness in a Zen manner.

<h2>4. Surry Hills Village 
Developer: TOGA</h2>

Aligning with the City of Sydney&rsquo;s strategy of transforming inner-city urban precincts, Surry Hills Village will deliver the regeneration of a 1.2-hectare site to meet the needs of locals and visitors.

Designed by Iain Halliday and BKH, the masterplanned community will feature 122 apartments and a 102-room hotel, as well as 12,000sqm of commercial and retail spaces, featuring a Coles supermarket, specialty retail and parking for retail customers.

[smartcode_project:default project_id=9302 project_image_fid=188219]

Surry Hills Village was designed by SJB Architects, built to incorporate outdoor spaces, balconies and landscaped gardens.

Complementing the quality private open space, residential communal spaces will include walled gardens, barbecue courtyards and rooftop gardens.

<h2>5. The Frederick 
Developer: Mirvac</h2>

Rising 23 storeys at Green Square, The Frederick is Mirvac&rsquo;s latest stage at its Green Square development.

Offering a range of one, two and three-bedroom apartments, the development features family-sized residences, hotel-like amenities and views across the Sydney city skyline.

[smartcode_project:default project_id=109956 project_image_fid=186237]

Designed by Smart Design Studio and Mirvac Design, its fa&ccedil;ade features a striking curvilinear form that is punctuated by illuminated elements.

Positioned at the gateway to Sydney&rsquo;s sought-after Green Square Town Centre, these residences are located amongst an exciting cosmopolitan playground, which includes parklands, civic plaza and convenient transport offerings.

Urban takes a look at the best off-the-plan apartments for sale in Sydney’s inner-city suburbs. 

max.kwok_55688

The top five apartments for sale in Sydney's inner-city suburbs 

Western Sydney buyers are enjoying a brand-new development positioned in the heart of Mount Druitt at GLP Development&rsquo;s latest residential project, No1 Zoe.

The Zoe Place residence features 268 residences in one, two and three-bedroom configurations, as well as a street-front retail centre, accessible by lift.

Mount Druitt is not just for locals. Many buyers are recognising the investment opportunities present in the area, with the $53 million Westfield redevelopment and the construction of the Western Sydney International Airport 15 minutes away.

[smartcode_project:default project_id=6726 project_image_fid=184437]

Surrounded by everything you need from retail and dining to transport, recreation and education, the development will find itself at the centre of a bustling lifestyle hub.

No1 Zoe has been carefully curated to achieve a feeling of timelessness, elegance and serenity.

The project encompasses three 12-storey residential towers, designed in collaboration between Brooks Projects Architects and interior designers Jackson Teece.

[smartcode_project:default project_id=6726 project_image_fid=184434]

The residences are spacious, with large balconies and floor-to-ceiling windows that maximise natural light while framing views to the Blue Mountains to the west and the city skyline to the east.

All apartments feature engineered timber floors, beech cabinetry, engineered quartz stone benchtops and premium Bosch appliances.

Suited to its urban location, homes include earthy shades that add warmth and bespoke detailing that creates a relaxed space.

[smartcode_project:default project_id=6726 project_image_fid=184433]

Two and three-bedroom apartments include a bath in the master ensuite, while all bathrooms include backlit mirrors, chrome tapware by Eago and overhead heating lamps.

Just moments from Westfields Mt Druitt, West HQ, Good Luck Plaza, Mt Druitt Railway Station &amp; bus depot, a range of educational institutions, No1 Zoe is where luxury and convenience fuse.

[smartcode_project_cta: project_id=6726]

Western Sydney buyers are enjoying a brand-new development positioned in the heart of Mount Druitt at GLP Development’s latest residential project, No1 Zoe.

Western Sydney apartment development No1 Zoe built to take advantage of central Mount Druitt location

With Sydney&#39;s luxury market proving resilient, many buyers are seeing the benefit of downsizing to a high-end apartment development at an affordable price.

Sydney luxury real estate prices are expected to surge by nine per cent this year, according to Knight Frank&rsquo;s Prime Global Forecast.

With many making the move to the unit market as a result of growing housing prices, buying from a developer with a track record and long-term commitment to delivering quality projects has become all the more important for aspiring investors.

Below are four of the best downsizer developers delivering residences in NSW that you should keep an eye on in 2022.

<h2>1. Fortis</h2>

Inspired by a shared passion for excellence, Fortis has continued to grow its portfolio under the instruction of Patrick Keenan, Dan Gallen and Charles Mellick, since its inception in 2016.

Partnering exclusively with leading architects, designers and builders, Fortis boasts a portfolio exceeding $276&nbsp;million in successfully completed projects.

The group recently launched their latest NSW development in Neutral Bay, set to reach completion in late this year. &nbsp;

Nestled at the end of a quiet cul-de-sac, Colindia boasts seven residences with expansive terraces, panoramic views and minutes from popular restaurants, caf&eacute;s and bars.

[smartcode_project:default project_id=90627 project_image_fid=188114]

Designed by PBD Architects, the development comprises six half-floor residences crowned by a full-floor penthouse, while more than 40 per cent of the site features landscaped gardens.

Fortis&rsquo; new developments due for completion in the coming years have been valued at over $2.2&nbsp;billion.

This year Fortis will launch their Mona Rd, Darling Point project, as well as their first apartment development in the blue chip suburb, Point Piper.

<h2>2. Sun Property Group (SPG)</h2>

Launched in 2010, Sun Property Group has spent over 10 years producing and delivering quality residential and mixed-use property developments across Sydney.

Led by Wayne Sun, the company has primarily focused on Sydney&rsquo;s affluent Lower North Shore area.

Currently the team at SPG, who has also just ventured in to the luxury Melbourne apartment market, are selling The Ashton, a collection&nbsp;of just 13&nbsp;apartments on Mosman&#39;s Spit Road.

Designed by A+ Design Group, Ashton was the winner of the Sydney Design Awards 2020. It was named after the artist and teacher Julian Ashton and&nbsp;features Hamptons-inspired interiors, rooftop gardens and ground-floor commercial space.

[smartcode_project:default project_id=29139 project_image_fid=82420]

Two of SPG&#39;s most recent projects heading in to 2022 are Bala in Neutral Bay and&nbsp;Aurora in Willoughby.

Bala, which comprises 19 two and three-bedroom apartments&nbsp;in Neutral Bay, was another winner for SPG in the 2020 Sydney Design Awards.

[smartcode_project:default project_id=9801 project_image_fid=82431]

<h2>3. Abadeen Group</h2>

The Sydney developer, Abadeen Group, founded and led by the long-time CBRE Residential Projects chairman Justin Brown, is one to watch for 2022.

Founded over two decades ago, the development group has an established track record with over $1 billion in projects.

A recent partnership with the private equity real estate investment group Phoenix Property Investors will see them deliver&nbsp;a string of boutique residential apartment projects in Sydney over the next five years.

Among its current projects is Koyo, a Koichi Takada-designed development in Crows Nest, and its sister project, Enso, located in Neutral Bay slated for completion in 2022.

[smartcode_project:default project_id=109005 project_image_fid=186099]

A boutique collection of 27 apartments in the heart of Crows Nest, Koyo will deliver 18 three-bedroom apartments, seven two-bedroom apartments and two one-bedroom apartments.

The development group will see 31 apartments and five restored historic terraces completed at its Brighton Le Sands project, Seychelles.

[smartcode_project:default project_id=109005 project_image_fid=186099]

<h2>4. Dare Property Group</h2>

Another downsizer developer that investors and buyers should watch this year is Dare Property Group, led by the prolific Sydney developer&nbsp;Danny Avidan.

&ldquo;Dare Property Group was created to fill what I saw as a glaring gap in Sydney&rsquo;s prestige real-estate market. At the time I left the fashion industry after 25 years, the words &lsquo;designer&rsquo; and &lsquo;off-plan&rsquo; had not truly been recognised. I intended to change that&rdquo;, Avidan said.

Since it was established in 2019, Dare has grown to one of the most visionary property development brands in Sydney, with previous developments including The Carlton at Vaucluse and Bronte Place.

The luxury eastern suburbs development, Kalypso Tamarama, is slated for completion this year.

The most anticipated development by Dare in 2022 will be the&nbsp;Piper House collaboration with&nbsp;Fortis, which will offer 20 homes on a 2,000 sqm site in the blue chip Point Piper.

Piper, which stands on the northern side of New South Head Road and wraps around leafy Wunulla Road, will be available for purchase this year.

Sydney luxury real estate prices are expected to surge by nine per cent this year, according to Knight Frank’s Prime Global Forecast

Top four downsizer developers in NSW that buyers should watch in 2022

There&#39;s set to be a fresh wave of international returnees over 2022, as Australia once again reopens its borders fully to the world of investors and students.

Some of Sydney&#39;s top developers&nbsp;have been planning for the eventuality, acquiring development sites and timing the launch of their projects to coincide with the expected 2022-rush for apartments.

There&#39;s already been a notable move for the unit market toward the end of 2021, with houses becoming unaffordable for the vast majority of Australians. The gap between the median price for a house and the median price for an apartment is at record highs.

Urban takes a look at eight developers operating in the NSW that you should keep an eye on in the new year.

<h2>1. Mirvac</h2>

Celebrating its 50th year in operation in 2022, Mirvac has an exciting book of projects across New South Wales next year.

Only recently has Mirvac&nbsp;launched NINE by Mirvac, on the site of the former Channel Nine Studios HQ.&nbsp;

The three-hectare site will home over 440 apartments designed by CHROFI in collaboration with Mirvac Design, and interiors by leading Melbourne design studio, MIM Design.

[smartcode_project:default project_id=93788] 
Above image is an artist&#39;s impression

There will be around 6,500 sqm of open space designed by internationally renowned landscapers McGregor Coxall, with parks, gardens, a lawn for active play, sheltered barbecues and a children&rsquo;s playground.

Mirvac&#39;s next stage of their Green Square redevelopment, The Frederick, has also just been launched.

The striking 23-level building,&nbsp;with a striking curvilinear form, is a&nbsp;collaboration between Smart Design Studio and Mirvac Design. That will have 152 apartments when completed in 2023.

[smartcode_project:default project_id=109956 project_image_fid=186240] 
Above image is an artist&#39;s impression

The ASX-listed developer will also be seeking approval for a 2022 launch of Coonara, West Pennant Hills, which will see 418 dwellings built on a 26-hectare block of land focused on the natural environment.

Bordering the Cumberland State Forest, around 10 hectares of remnant bushland will be dedicated to the NSW Government as public open space.

<h2>2. Thir​d.i Group</h2>

Launched in 2006, Third.i has spent over 15 years creating award-winning projects across the residential and commercial sectors.

The Sydney-based developer&rsquo;s current development pipeline, projects either in planning or under construction, exceeds $2.5 billion in value across Australia and the UK.

Late this year, Third.i submitted a development application to the City of Newcastle for its fourth West End apartment project, the 180-residence Dairy Farmers Towers.

<img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/dairy_farm_towers.jpg" width="1200" />

The group is also aiming to start the second stage of construction on Balfour Place, a mixed-use Lindfield development in collaboration with Coles Group, in the first quarter of 2022, in what is set to be an exciting year.

The current DA approval sees the 7,091sqm site set to become a luxury residential tower built atop a brand-new Coles supermarket, Liquorland, caf&eacute; and a heritage commercial space.

<h2>3. Iris Capital</h2>

Iris Capital, led by the local hotelier and developer Sam Arnaout and originally boasting a substantial portfolio of assets in the hospitality industry, has ramped up its involvement in the&nbsp;residential sector over the last decade.

Founded in 1995, the development group has delivered a number of integrated residential and mixed-use development across the Sydney region.

Launching its $350 million Potts Point redevelopment Queensgate this month, Iris Capital is expected to see a hot year of sales across its five apartments buildings in the harbourside precinct.

[smartcode_project:default project_id=5570 project_image_fid=180676]

Just 48 high-end apartments will be on offer across a selection of one, two and three-bedroom apartments, in addition to an exclusive collection of ultra-luxury penthouses with private pools.

The stage one completion of Ea​st End, one, two and three-bedroom coastal apartments in Newcastle, has helped cement its place on this must-watch list.

Another who has made the move north, Iris recently launched Victoria &amp; Albert, their first Gold Coast apartment project, and recently secured a prime development site on the Surfers Paradise dress circle Garfield Terrace.

<h2>4. Coronation Property</h2>

Run by Sydney locals, Coronation Property has brought a fresh perspective to urban precincts across Sydney since its inception in 2012.

As a fully-integrated developer, the group controls every part of the development process, from initial design to construction and building management.

Coronation has a track record for delivering great residential developments across Western Sydney including the Paper Mill Precinct in Liverpool. They have 8 Phillip Street in Parramatta currently under construction

Its latest development, Mason &amp; Main, combines the established neighbourhood character of Merrylands with convenient proximity to Sydney&rsquo;s second CBD of Parramatta.

[smartcode_project:default project_id=13693 project_image_fid=34741]

The residence offers 346 residences in one, two and three-bedroom configurations, designed by Woods Bagot.

<h2>5.&nbsp;ALAND</h2>

Established in 2002, ALAND is an Australian-owned family business with over 20 years of experience, and a hit with locals given their long relationship sponsoring the Parramatta Eels.

A specialist builder and developer delivering state-of-the-art contemporary residential projects across the Sydney region, the group now boasts a portfolio of over 2,800 completed apartments.

Now selling in Sydney, is the group&rsquo;s Parramatta project, Paramount on Parkes, offering 294 apartments bordering the well-known horse racing spot, Rosehill.

[smartcode_project:default project_id=9198 project_image_fid=164868]

The 42-level tower will offer expansive one, two and three-bedroom residences with plenty of storage, as well as a number of amenities.

The ALAND team will also see their&nbsp;Liverpool residences at the Hoxton reach completion mid-next year, alongside the Schofield development, Schofield Gardens.

[smartcode_project:default project_id=9198 project_image_fid=164874]

<h2>6. Deicorp</h2>

With over $2.5 billion of residential, retail and commercial real estate in the pipeline, privately-owned development group Deicorp has secured its place on this list for the second year in a row.

Founded in 1999, they have delivered over 8,000 apartments and sold over 1,000 apartments across the calendar year.

Last month, <a href="/news/nsw/deicorp-secure-polding-centre-sydney-apartment-development-site">Deicorp secured the development rights</a> to a 61-storey mixed-use development on the site of the Polding Centre in the Sydney CBD, which will likely hit the market in 2022.

Work has also started on developer Deicorp&rsquo;s $750 million Tallawong Village project in north-west Sydney.

[smartcode_project:default project_id=106821]

The first stage will present a mix of 333 one, two and three-bedroom apartments, forming part of a masterplanned precinct steps from the Sydney Metro line.

<h2>7. Top Spring</h2>

Top Spring has acquired a reputation for its quality developments over its near-three-decade history, completing over 20 development projects in 12 cities around the globe.

The Australian arm, based in Sydney, has the strength of local expertise backed up by a powerful international market presence and knowledge.

Beginning demolition this month to make way for Munro House, a new Elizabeth Bay residence, the group is expected to start construction on the 30 luxury apartments next year.

[smartcode_project:default project_id=100691 project_image_fid=186113]

In 2022, the company also aims to cement its reputation for delivering high-end residential living with a new 18-residence Double Bay project, according to Top Spring Australia&#39;s managing director, Sydney Ma.

&ldquo;In line with our premium project at Elizabeth Bay, Munro House, this project will encapsulate all the hallmarks that Top Spring Australia is known for, including new technology, art, green spaces and contemporary design,&rdquo; Ma&nbsp;said.

<h2>8. TOGA Group</h2>

A leading Australian property group with a portfolio across Australia, New Zealand and Europe, TOGA currently has several major projects under construction.

Founded by Ervin Vidor in 1963, in coming years TOGA is on-track to launch a pipeline of more than 5,000 apartments and an expansive portfolio of vibrant retail and short-term accommodation.

Among the group&rsquo;s developments includes Surry Hills Village, the mixed-use development and precinct on the corner of Cleveland and Baptist Street.

[smartcode_project:default project_id=9302 project_image_fid=29318]

Due for completed in early 2024, Surry Hills Village will home 122 apartments and a 102-room hotel, as well as 12,000 sqm of commercial and retail spaces.

SJB Architects has designed the development in collaboration with development partners Iain Halliday and BKH,&nbsp;Aspect Studios&nbsp;director Sacha Coles and Studio Prineas architect and principal Eva-Marie Prineas.

TOGA are also 50 per cent sold at their Marrickville development, Wicks Place, which will have 272 apartments atop a number&nbsp;of retail spaces when complete in late 2023.

There&#39;s a site TOGA are working on in Penrith, as well as a 150-apartment project&nbsp;in Kensington, which they are hoping to launch in Q1 2022.

Urban takes a look at ten developers operating in the NSW that you should keep an eye on in the new year. 

The top eight apartment developers to look out for in NSW in 2022

Rawson Communities&rsquo; latest community of Leppington Central delivers the ideal family living experience in Sydney&rsquo;s south-west.

Situated on Heath Road, the site is anchored by a heritage cottage, a rural remnant of the Tegal family farm, one of the first poultry farms in NSW.

The cottage was one of the secondary buildings on site, likely the home of one of the Tegel sons, and not the main homestead itself, according to the development application.

[smartcode_project:default project_id=28100 project_image_fid=141042]

&ldquo;The cottage is the most valuable house within the development&rdquo;, the architects said. It provides the foundation of their understanding of the architectural style of the property.

<blockquote>
&ldquo;We seek to draw on the art-deco language, as well as sit with the remnant piece of architecture on site in the heritage cottage&rdquo;, they said.
</blockquote>

A gate, which still stands from the same period, represents the high optimistic art-deco period, even more so than the cottage.

[smartcode_project:default project_id=28100 project_image_fid=141047]

The heritage features speak of the absolute moment of success when industry was booming and discretionary spend could be afforded on the front entrance.

Leppington Central is set to provide 75 three-bedroom residences on the site, boasting spacious floorplans and convenient access to amenities.

A range of employment and community facilities are planned close by, including business centres, shopping centres, schools and universities.

[smartcode_project:default project_id=28100 project_image_fid=141045]

A hardstand barbeque area has been included centrally for easy access from all the homes.

Other amenities include a pedestrian loop with a small playground, aimed to entertain toddlers and younger children. &nbsp;

Leppington Central also offers land packages to buyers interested in capitalising on this affordable suburb.

Situated on Heath Road, the site is anchored by a heritage cottage, a rural remnant of the Tegal family farm, one of the first poultry farms in NSW

The design decisions behind Rawson Communities’ latest Leppington masterplanned community, Leppington Central 

The Commonwealth&rsquo;s expansionary budget is the right approach for the times.

The Commonwealth has led the way with support for new home buyers through its &ldquo;First Home-owners Deposit Scheme&rdquo; which effectively under-writes housing loans for first home buyers with only a 5% deposit. &nbsp;However, this, along with record low interest rates and the relaxation of APRA controls has seen a spike in housing demand

The Budget expands this scheme and creates a new category of beneficiaries with the new Family Home Guarantee which will provide single custodial parents with a step up towards home ownership. There&rsquo;s also more flexibility for older Australians (over 60) who sell their house (generally to down-size after children have moved out) allowing them to deposit up to $300,000 per person into Superannuation.

The Budget also includes the expansion of the &ldquo;First Home Super Saver Scheme&rdquo; which increases the funds that can be withdrawn from Super accounts from $30,000 to $50,000. &nbsp;This, on top of HomeBuilder grants all adds to demand for new homes. But without a big boost in housing supply, borrowing from Super just pumps up the price further.

So Treasurer Josh Frydenberg has a conundrum. &nbsp;Stimulate the economy &ndash; but risk new home prices going up and a backlash from those locked out of the housing market. &nbsp;All of the worthy Commonwealth measures announced in the Budget face particular problem in NSW.&nbsp;

The NSW Planning System dropped the ball and slowed housing approvals down to a crawl just before COVID &ndash; then they failed to use COVID-19 as a chance to catch up. &nbsp;Now there is a massive shortage in supply of land sub-divisions and re-zonings for new homes across Greater Sydney. There is a plan for reform of planning in NSW &ndash; but it won&rsquo;t deliver for years to come. The same bold approach which has driven the Commonwealth is urgently needed in NSW.

What that means is all the extra funding for home buyers just pumps up the price of the existing stock of housing, ironically making home ownership less affordable.&nbsp;

<h2>The real issue for NSW is the supply of new housing.</h2>

The Department of Planning&rsquo;s own forecasts predict 150,000 new homes over the next 4 years in Greater Sydney &ndash; but even this bold prediction, unlikely to be achieved given the Government&rsquo;s refusal to take on NIMBY Councils, falls short of meeting the NSW Government&rsquo;s own Housing Strategy &ldquo;Housing 2041&rdquo; targets which call for 50,000 new dwellings (on average) each year from now till 2041.

The big problem for first home buyers and for the Commonwealth Budget is the NSW planning system.

The Commonwealth needs to get tough with NSW and drive planning reform to increase housing supply. &nbsp;While ever we wait for reform in NSW you can expect that new home prices will continue to rise.

The Commonwealth&rsquo;s increased investment public health, the vaccine roll out, mental health and women&rsquo;s support services is all very welcome indeed.

The Commonwealth investment in in city Infrastructure is also supported &ndash; though one short-coming was the absence of funding to support local infrastructure surrounding the new Western Sydney Airport because the success of this precinct will drive the economy of the nation. With a massive levy of 6.5% (on top of all the other fees and charges) to be applied to the development of employment centres around the airport, the feasibility of development of employment land is called into question and NSW risks missing out on the predicted jobs boom without some support from the Commonwealth.

All up, this is a budget for all Australians. It is very welcome and is strongly supported by the Urban Taskforce.

However, all of the worthy Commonwealth measures announced in the Budget face particular problem in NSW

The Commonwealth’s expansionary budget is the right approach for the times: Tom Forrest

Urban Taskforce welcomes today&rsquo;s intervention from the Chief Economist of the NSW Treasury, Steven Walter, who says that post COVID-19, Sydney&rsquo;s CBD will not return to pre-COVID employment levels. That means the planning system must be flexible and allow changes of use to apartments as has happened successfully throughout the world.

Urban Taskforce has been calling for increased flexibility in CBD planning since well before COVID-19.

These calls have been supported by the Commonwealth Productivity Commission, the NSW Productivity Commission, the Reserve Bank of Australia, and now the Chief Economist of the NSW Treasury.&nbsp;

It is time the NSW Minister for Planning, Rob Stokes, started to listen to the very people who said planning approvals are too slow, to prescriptive and too few. &nbsp;Urban Taskforce said that this would result in upward pressure on new housing prices and that is exactly what we are seeing now.

[smartcode_project:default project_id=7758 project_image_fid=79424]

Urban Taskforce welcomes the support from the Treasurer, Dominic Perrottet, while noting that any change will require much greater flexibility from the City of Sydney. &nbsp;The State Government has the capacity to assert this through the Central Sydney Planning Committee (CSPC) but to date, the Government representatives has used its authority to take on Council&rsquo;s reluctance to support residential apartments in the CBD of Sydney.

A change to the objectives and the permissible uses in the &ldquo;B3&rdquo; zoned commercial core areas would allow for greater flexibility in CBD locations to stimulate CBD investment across Sydney.&nbsp;

Chatswood is a notable example of a CBD centre that has died under Council&rsquo;s obsession with preserving the town centre as &ldquo;commercial core only&rdquo;. &nbsp;There has not been a new building constructed in their B3 zone since the early 1990s.

Steven Walters&rsquo; suggestion that a flexible mixed-use option is the key to the future is timely.

The GSC also needs to heed the changes in employment habits following COVID-19, and focus policy on delivery of new homes as well as jobs. &nbsp;Increasingly homes will be used as workplaces. &nbsp;That means commercial centres and well located industrial areas should also accommodate apartments &ndash; particularly where those centres are close to public transpory.

Tom Forrest is the CEO at the Urban Taskforce

NSW Treasury’s Chief Economist has called for changes in CBD planning to allow more residential utilisation 

jchancellor

Urban Taskforce welcomes NSW Treasury’s chief economist calls for changes in CBD planning

<html><body>The extension of updated NSW’s short-term letting rules has been delayed.

The rules were proposed by Planning and Public Spaces Minister Rob Stokes to start from July.

They involved the extension of the 180-nights-a-year cap for unattended holiday lettings from within the greater Sydney area into regional and holiday hotspots.

The 180-day cap dated back to 2018, when the NSW government announced it would cap the use of Airbnb/Stayz-style lettings to control rental affordability and to give respite to neighbours from party homes.

The rule has applied only applied to greater Sydney, with regional councils initially set to impose their own caps.

The extension proposed in locations such as Newcastle, Bega, Dubbo and Ballina would see absentee landlords be allowed to rent out their homes for only up to 180 nights a year. 

The Byron Shire would face the restriction from 31 January 2022.

The rules will allow people living in an apartment or house to rent out a part of their home for 365 days a year.

After suggesting the new rules were “simple”, Stokes has announced that “in the interest of conciliation, and to give the policy the best chance to succeed, we’re happy to extend the date for implementation to November 1.” 

Stayz corporate affairs director Eacham Curry noted the NSW tourism industry was only starting to bounce back after a months dominated by COVID-19 and bushfires.

“The expansion of night caps to further regions is a blow to the tourist economy, and the NSW government should rethink their approach in the face of an uncertain outlook for tourism,” Curry said.

But Stokes said the industry should have been prepared for the implementation of the new rules.

“I maintain that the introduction of the policy should not come as a surprise, as we have been working with industry and councils on short-term rental accommodation since 2017.”</body></html>

The extension of short term rental limits in NSW has been delayed by three months to November 1.

NSW delays extension of short term accomodation rules into the regions

With many&nbsp;projects expected to reach completion over the coming year,&nbsp;Urban&nbsp;has decided to take a look at five&nbsp;soon-to-be-completed&nbsp;developments&nbsp;offered in&nbsp;New South Wales.&nbsp;&nbsp;

1. <a href="/new-apartments/kew-schofields-stage-2-georgette-23-27-schofields-road-schofields">Georgette at Kew Schofields</a> 
Address: 23-27 Schofields Road, Schofields NSW 2762 
One-bedroom apartments from $418,000

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kewschofields.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="365" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/kewschofields.jpg?itok=nyVUxZLF" width="580" /></a>

Georgette, stage two of Positive Investment Enterprise’s Kew Schofields, has been slated for completion later this year. Located in Sydney’s north-west, Georgette offers relaxed, community living with 2700sqm of retail space, parklands and recreation space within walking distance of each property.

Designed by PBD Architects, the light-filled apartments feature ample storage, extended gardens and state-of-the-art energy and storage innovations thanks to a partnership with Tesla. &nbsp;

[smartcode_project:default project_id=32227]

2. Central at The Langston, Epping 
Address: 12-22 Langston Place, Epping NSW 2121 
One-bedroom apartments from $590,000

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/centrallang.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="266" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/centrallang.jpg?itok=NQSydyBo" width="580" /></a>

Delivered by Cbus Property, The Langston is a collection of three towers which comprises 463 apartments and other mixed-use offerings. Its second stage, Central, is expected to reach completion this year, with 180 one, two, three and four-bedroom apartments on offer across its 24-storeys.

Designed by Architectus, the residences include floor-to-ceiling windows, views of the Sydney CBD or the Blue Mountains and exceptional amenities, such as a pool deck, wellness hub, sky lounge and podium-level gardens. &nbsp;

[smartcode_project:default project_id=29936]

3. <a href="/buildings/kira-5-7-mindarie-street-lane-cove">Kira, Lane Cove</a> 
Address: 5-7 Mindarie Street, Lane Cove NSW 2066 
One-bedroom apartments from $675,000

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kiralanecove.jpeg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/kiralanecove.jpeg?itok=Houua9m2" width="580" /></a>

Among the apartments expected to reach completion this year is Hyecorp Property Group’s Lane Cove project, Kira. The development offers contemporary architectural design, with its amenities including a panoramic rooftop garden, lush landscaping and outdoor cinema.

Designed by Hyecorp’s in-house team, Kira offers light-filled one, two and three-bedroom apartments with leafy district views. Its features include state-of-the-art smart home technology, oak flooring and generous storage.

[smartcode_project:default project_id=28792]

4. <a href="/new-apartments/ohana-1-herarde-street-batemans-bay?last_source_news_article_id=89135&amp;ref=news_related_project">Ohana, Batemans Bay</a> 
Address: 1 Herarde Street, Batemans Bay NSW 2536 
One-bedroom apartments from $399,000

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/ohana.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/ohana.jpg?itok=TkhCZ9DX" width="580" /></a>

Set on New South Wales’ South Coast, the picturesque Batemans Bay is known for its beautiful beaches, national parks and welcoming community. Ohana allows buyers to make their favourite holiday spot their new home.

Delivered by Core Developments, the project offers one, two and three-bedroom, beachside luxury apartments and a choice of one of three interior styles by Mon Palmer. The exteriors, designed by JUDD.studio, features undulating and articulated facades, contemporary character and villa-style landscape design. The development also features a communal rooftop garden, pool and open-air walkways.

[smartcode_project:default project_id=26393]

5. Adela, Burwood 
Address: 1-7 Gloucester Avenue, Burwood NSW 2134 
Available apartments from $795,000

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/adela_burwood_hero_1.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="364" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/adela_burwood_hero_1.jpg?itok=FyRvAWXm" width="580" /></a>

Construction on Aoyuan International’s Adela project expected to reach completion in the next six months, offering 115 residences in one, two and three-bedroom configurations. Located in the heart of the inner-city suburb of Burwood, Adela takes advantage of the nearby bustling town centre within the sanctuary of leafy streets.

Overlooking Burwood Park, Adela offers shared walkways, green communal areas and courtyards. Designed by PDB Architects, the thoughtful design includes full-height glazing, sliding doors to balconies and quality finishes. &nbsp;

[smartcode_project:default project_id=6842]

Urban takes a look at five new developments in New South Wales that are expected to reach completion in the coming year.

5 NSW residential developments completing construction in 2021

<html><body>
Unruly NSW house guests will from today be subject to strict new short-term rental accommodation laws that could see them banned from securing accomodation again on booking platforms.

Hosts or guests who commit two serious breaches of the code within two years will be banned for five years.

Platforms and letting agents will not be permitted to offer services to anyone, or any dwelling, that is listed on the exclusion register.

A strike will include any behaviour which unreasonably interferes with a neighbour’s quiet and peaceful enjoyment of their home.

Hosts’ obligations relate to holding an appropriate level of public liability insurance and providing neighbours and owners corporations with information such as the host’s contact details, and that they are bound by the Code of Conduct during their stay.

There will be changes to planning laws in mid-2021, including a new planning policy that applies consistent regulation of the use of premises for short-term rental accommodation across the whole state of NSW.

A short-term rental accommodation premises register is also under development for commencement in mid-2021.

Hosts must register their premises once that obligation is mandated by the Department of Planning, Industry and Environment and the register becomes available online.

Minister for Better Regulation Kevin Anderson said the new industry Code of Conduct provided clear obligations for hosts centred on minimum standards of good behaviour.

“If you are a house guest from hell behaving disgracefully in a holiday rental or a shady host trying to swindle an unsuspecting customer, under these changes you will face penalties, and could be banned from the industry for five years,” Mr Anderson said.

“These new laws are coming into effect at the perfect time as we now head into what is shaping up to be one of the biggest domestic tourism holiday seasons on record.

“While the tourism boom is fantastic news for local communities getting back on their feet following last summer’s bushfires and the unprecedented disruption of COVID-19, it also reinforces the need for increased protections against anti-social and disruptive behaviour.”

Anderson said a key feature of the new laws was the establishment of an exclusion register, which will introduce a ‘two strikes and you’re out’ policy. 

“We are introducing these laws as part of our broad reform of the sector. Together, they will ensure the minority of participants who are giving the sector a bad name are penalised or removed and the sector is improved for hosts, guests and communities,” Mr Anderson said.

The standards are enforceable, with powers available to the NSW Fair Trading Commissioner to take disciplinary action, including penalties and exclusion from the industry for repeat offenders.

All participants, including booking platforms, will be required to comply with the Code and with directions and requests from the Commissioner.

For a time apartment owners in New South Wales faced the prospect of having to pay compensation to their neighbours.

Prior to COVID 19, the short-term rental accommodation injected $2.1 billion plus annually into the economy.

The industry was estimated to be worth $31.3 billion nationally in 2016.

Sydney ranks as one of Airbnb’s top ten cities for most properties on the platform.

In June 2018 the NSW government put a 180-day cap on the number of days properties can be rented out by Airbnb in Sydney.

It also gave strata corporations the power to ban Airbnb in their buildings if 75 percent of owners seek the ban.

The latest rules arose from an options paper by the NSW government.
</body></html>

Hosts or guests who commit two serious breaches of the code within two years will be banned for five years.



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