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

Oakleigh

The Melbourne-based builder developer Cornus has seen solid buyer demand in its Carnegie apartment development, Cornus Carnegie.

Around 20 per cent have sold since the launch, with the majority&nbsp;of the 61 two and three bedroom apartments snapped up by first home buyers who took advantage of government incentives earlier in the year.

Most of the apartments that have sold have been close to the $600,000 mark, which qualified for the first home buyer grant.

[smartcode_project:default project_id=96653 project_image_fid=158222]

Cornus were expecting a surge in first home buyers, and don&#39;t expect the appetite from first home buyers to&nbsp;cool off despite the government grants expiring at the end of June.

As house prices across Melbourne continue to rise, Cornus are receiving interest from buyers who have been priced out of the housing market and are keen on the fixed price for off the plan apartments.

The surge in the housing market however has seen the emergence of the downsizer, who are selling their larger homes at premium prices and looking to downsize to larger apartments.

Cornus told Urban that a lot of first home buyers had been drawn to Cornus Carnegie due to the location of the development.

[smartcode_project:default project_id=96653 project_image_fid=158220]

&quot;It&#39;s a really popular area and doesn&#39;t really have many properties for sale,&quot; Cornus said.

&quot;The coveted suburb has great amenities and is great for young people, with good restaurants, bars and cafes.&quot;

Two bedroom apartments in Cornus Carnegie start from $575,000, with the three bedroom apartments priced from $849,000. Completion is slated for the end of 2022.

Cornus has also recently launched Cornus Oakleigh, in the neighbouring suburb.

The development of 69 apartments and 10 townhouses has prices starting from $449,000 for one bedroom apartments, $549,000 for two beds and $789,000 for three bedroom apartments.

The three bedroom, two bathroom townhouses start at $1.15 million.

&nbsp;

Most of the apartments that have sold have been close to the $600,000 mark, which qualified for the first home buyer grant

Why first home buyers are snapping up apartments in Cornus Carnegie

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Ray White Commercial Oakleigh has successfully sold three properties site-unseen across three separate transactions. Two units in Seaford’s Curie Court, one at 7/13-15 and one at 8/13-15 (above), and 167 Buckley Street (below) in Noble Park were marketed and sold for undisclosed prices by Ray White Commercial Oakleigh Sales and Leasing Consultant George Kelepouris. “These hat-trick of sales are testament to the fact that, with the right processes and the right property, buyers will stop at nothing to snap up their desired asset,” Mr Kelepouris said. “The two units at Curie Court were purchased by owner-occupiers and offered architecturally designed warehouses in Seaford’s newest premier estate and benefited from being minutes away from major arterials and had excellent access to major freeways."
<img src="https://f.datasrvr.com/f1/420/57491/167_Buckley_Street,_Noble_Park,_VIC.jpg" width="640" data-imagetype="External">
Curie Court is a new project located within the Seaford Industrial Precinct. The property at Buckley Street was sold to a local investor on behalf of a local owner and offered a parcel of 220 sqm of land and a vacant 50 sqm of retail area. The building with a ground floor retail/office space was offered for sale via private sale. The property attracted three offers and was sold to the highest offer.
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j.ballantyne1990-6AQqhLzZaK

Ray White Commercial Oakleigh scores a lockdown hat-trick

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Pellicano Group are celebrating reaching the completion milestone of their latest $55 million residential development, Alke. 

Situated in Victoria's south-eastern suburb of Oakleigh, the 83-apartment building features a famously-Melbourne red brick facade, with a central laneway which doubles as a resident communal courtyard.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/alke_residents_terrace_l1.jpg" rel="gallery-all" title="Alke. Image supplied. "><img alt="" class="image-article-full-width-580px" height="386" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/alke_residents_terrace_l1.jpg?itok=Fw6IyUVL" title="Alke. Image supplied. " width="580"></a>

<figcaption>Alke. Image supplied.</figcaption></figure>Architecturally designed by SJB Architects, Alke offers timeless, modern design, with one and two-bedroom apartments competitively priced from $463,000. The development also includes a boutique collection of three-bedroom luxury homes starting at $965,000.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/alke_the_prestige_collection_bedroom_with_private_terrace.jpg" rel="gallery-all" title="Alke. Image supplied. "><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/alke_the_prestige_collection_bedroom_with_private_terrace.jpg?itok=Sqsdt-eC" title="Alke. Image supplied. " width="580"></a>

<figcaption>Alke. Image supplied.</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/alke_the_prestige_collection.jpg" rel="gallery-all" title="Alke. Image supplied. "><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/alke_the_prestige_collection.jpg?itok=uWdZYJRC" title="Alke. Image supplied. " width="580"></a>

<figcaption>Alke. Image supplied.</figcaption></figure> 

As a family business who have been operating since 1969, the development also holds some sentimental value, with the Pellicano family launching their very first project not far from the brand new Alke residences.

Pellicano Managing Director, Nando Pellicano, explains that interest in the development has remained strong throughout the year, and even more so now that the development is complete. 

<blockquote>
"All the residents our team have been speaking to are looking forward to their new lives at Alke – some were looking for something smaller with a move from the local family home, others were embarking on the first step of home ownership, while some were seeking a residential investment opportunity."
</blockquote>

Settlement has now commenced, with several residents currently occupying their new homes. 
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Olivia Round

Construction complete at Oakleigh's new Pellicano development, Alke

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The City of Monash wants to give Oakleigh Station and its immediate surrounds an upgrade through its Oakleigh Activity Centre Transport Interchange proposal. The council is now seeking public comment on the proposal.

The stated themes of the proposal are to enhance Oakleigh’s village character by making pedestrian infrastructure improvements in and around the station, and to encourage ‘higher value use’ of the land around the station.

One aspect of the proposal is to draw pedestrians to use the spaces to both the north and the south of the station. A large car park dominates the southern side at present which as part of the proposal for the station precinct, the City of Monash report shows could be redeveloped into an 8 level building.

Other pockets of land to the north of the station, the side of the station which sees the greatest amount of pedestrian activity, would also be developed albeit at a smaller scale, according to the report.

The report is compiled by Global South with participants BKK Architects, project management and quantity surveyor outfit Rider Levett Bucknall and advisory firm Charter Keck Cramer listed in the introductory section.

Oakleigh Station has seen rail infrastructure changes as part of the Level Crossing Removal Project between Caulfield and Dandenong – the southern-most face of the island platform which use to carry all city-bound trains – will no longer be used with city-bound trains shifting to the northern face of the island and Dandenong-bound trains are using the third separate platform.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/oakleigh_preinct2.png" rel="gallery-all" title="Overview of the proposal for the Oakleigh Public Transport Interchange. Image: Global South/City of Monash"><img alt="" class="image-article-full-width-580px" height="405" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/oakleigh_preinct2.png?itok=CInuZL1l" title="Overview of the proposal for the Oakleigh Public Transport Interchange. Image: Global South/City of Monash" width="580"></a>

<figcaption>Overview of the proposal for the Oakleigh Public Transport Interchange. Image: Global South/City of Monash</figcaption></figure>The report notes the Level Crossing Removal Authority will be implementing other changes at Oakleigh Station including upgrading the pedestrian underpass including adding lifts, new stairs and upgraded ramps; new station canopies above underpass access ramps; and a new entrance from Haughton Road (the southern station entrance).

The key changes north of the station include creating a new forecourt infront of the station which will "match the pavement of Eaton Mall, and will extend across into Portman Street and the intersection with Station Street, creating continuous, seamless and direct pedestrian movements routes to/from the station”.

No major changes to how buses interact with the precinct are proposed, except buses will no longer be using the existing roundabout.

Surface car park consolidation – in order to better re-use the land for other uses - is another theme of the proposal and the Global South report mentions that the development on the southern car park could be integrated to include public car parking with other live/work uses located above the public car park.  The southern side is part-owned by Council and VicTrack.

Estimates provided by Rider Levett Bucknall and published in one of the appendices of the report put the total cost of the proposal at $14.1 million.  

To view the report and to have your say, see <a href="https://www.monash.vic.gov.au/About-Us/Council/Have-Your-Say/Oakleigh-Public-Transport-Precinct-Proposal">monash.vic.gov.au</a>
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Alastair Taylor

Oakleigh's station precinct plans open for public consultation

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Teska Carson is still marketing a prime, mixed-use, investment at Oakleigh in Melbourne’s south-east.
Located at 40-42 Atherton Road within Oakleigh’s retail and commercial precinct, the property comprises an 829 square metre building.
It incorporates a double fronted, 278 square metre shop and three brand new apartments over two levels, each with balconies and two car spaces.
The Commercial 1 zoned, 424 square metre site, which is located in a precinct that includes Woolworths, Coles, Liquorland, all major banks, and Chemist Warehouse, has 10.5 metres frontage to tree-lined Atherton Street.
The retail component is currently leased to ANZ Bank on a ten year term at circa $133,705 per annum.
The three apartments, including one with three bedrooms and study, one with three bedrooms and one with two bedrooms, will be offered with vacant possession but with a 12 month rental guarantee bringing the total return to $235,105.
Teska Carson’s George Takis and Michael Taylor are offering the property for the first time in 20 years.
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Oakleigh investment with ANZ lease for sale

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Today I'm looking at a planning application within my former stomping ground of Oakleigh, which has seen a crop of apartment buildings begin to emerge in the suburb.

Developer Alpha Property 14 - which also has projects in the works in Hampton, Brunswick and Collingwood - has lodged an application to develop an eight storey residential building at 102-108 Drummond Street, Oakleigh.

The Plus Architecture-designed building is located on the corner of Dalgety and Drummond Streets, in close proximity to Dandenong Road and within walking distance of Chadstone Shopping Centre.

The area is undergoing gradual, yet significant transformation with multi-residential development adding to the mix of office and commercial buildings along Dandenong Road and federation style homes nestled within the tree-lined back streets.

102-108 Drummond Street notwithstanding, Apartments.com.au is currently tracking seven projects within Oakleigh, three of which are in close proximity of the site; Oros, 8 Degrees and 16-18 Dalgety Street.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/oakleigh_future_development.jpg" rel="gallery-all" title="Future Development in the area. Planning Image: Plus Architecture"><img alt="" class="image-article-full-width-580px" height="376" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/oakleigh_future_development.jpg?itok=zVpi85K8" title="Future Development in the area. Planning Image: Plus Architecture" width="580"></a>

<figcaption>Future Development in the area. Planning Image: Plus Architecture</figcaption></figure>102 -108 Drummond Street will add a further 109 residential apartments, comprising 41 x 1 bedroom apartments and 68 x 2 bedroom apartments into the area, with the primary pedestrian entry located off Drummond Street.

Additionally, the application seeks to provide 114 basement car parking spaces, including 5 visitor car spaces accessed via Southern Laneway.

Plus Architecture's design response is based on five key elements;

<ul>
<li>
Mass Breakup which articulates form</li>
	<li>
Horizontal Breakup which articulates scale</li>
	<li>
Vertical Rhythm which generates systematic arrangement</li>
	<li>
Opening Density which plays on light and shadow</li>
	<li>
Lightness and Mass as a means of form stratification from the ground upward</li>
</ul>
The design seeks to reduce the mass via the introduction of vertical rebates across its street frontages, while a gradation between solid and light is employed across the facade, as the building rises from the ground upwards, shifting from a solid robust base opening up to a recessed glazed upper volume on top.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/plans-102-108-drummond-st-oakleigh_hero.jpg" rel="gallery-all" title="102-108 Drummond Street hero shot. Planning Image: Plus Architecture"><img alt="" class="image-article-full-width-580px" height="303" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/plans-102-108-drummond-st-oakleigh_hero.jpg?itok=fFX6fW2T" title="102-108 Drummond Street hero shot. Planning Image: Plus Architecture" width="580"></a>

<figcaption>102-108 Drummond Street hero shot. Planning Image: Plus Architecture</figcaption></figure><blockquote>
The building responds to the juxtaposition of its unique location in many ways. The form is first broken down into smaller versions of the larger mass, to remain sensitive to the nearby lower level houses, giving it a townhouse feel. It is then carefully articulated horizontaly and then vertically, curating a carefully planned rhythm through the facade.

The upper levels of the building are setback and recessed to remain sensitive to the local scale of buildings.

The landing of the building with the ground plane was extensively considered to ensure the interface with the street is engaging, broken up and sensitive in its relationship with the street. It offers a well designed intermittent space 
inspired by the movement between front yard and doorstep that is the common language of surrounding residential properties.

The green space that surrounds the site was an important consideration of the design process. It features native tree lined streets along Drummond and Dalgety, large front gardens to local houses, and a large parkland at the end of Drummond Street

- Plus Architecture Design Statement
</blockquote>

<h2>Project Team</h2>

<ul>
<li>Developer - Alpha 14 Property </li>
	<li>Architect - Plus Architecture </li>
	<li>Structural Engineer - Adams Engineering </li>
	<li>Services Engineer - JBA Consulting Engineering </li>
	<li>Town Planner - Tract Consultants</li>
	<li>Fire Engineer - John Patrick Landscape Architects</li>
	<li>ESD - Efficient Energy Choices</li>
</ul>
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Laurence Dragomir

Marching to the beat of a different Drummond in Oakleigh

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Another big ticket development has rolled into construction, increasing the already impressive tally of sizeable projects at construction within the City of Monash which amount to billions of dollars of investment within the municipality.

Residential project Alke's commencement has boosted the already diverse big-ticket construction list within Monash. Commercial, residential, educational, aged care, large-scale retail and health builds are on the go within the municipality which is Victoria’s second largest economic and employment generator.

Developer Pellicano has brought forward construction of <a href="/buildings/alke-89-atherton-road-oakleigh">Alke</a> six months ahead of initial expectations following a strong sales campaign. The $55 million SJB-designed residential development includes 89 apartments over three buildings and was launched to market in September 2017.

In what has become a commonplace practice of late Pellicano shrunk the number of apartments on the back of buyer demand; Alke initially included 115 apartments but was rejigged to include fewer but larger dwellings.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image214_3.jpg" rel="gallery-all" title="Alke as is, and as will be"><img alt="" class="image-article-full-width-580px" height="211" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image214_3.jpg?itok=bG8AFomv" title="Alke as is, and as will be" width="580"></a>

<figcaption>Alke as is, and as will be</figcaption></figure>Pellicano's in-house construction arm has begun the build with an eye to reaching completion mid-2019. The three buildings include between 14-45 dwellings and are separated by a communal landscaped terrace.

Alke's commencement has seen it join a list of top flight projects currently under construction within City of Monash. 

The diversified list at construction is headlined by the $1 billion <a href="/buildings/m-city-2107-dandenong-road-clayton">M-City</a> development; the project which is in the <a href="/news/construction-officially-begins-at-m-city">early stages of construction</a> will become Melbourne’s largest mixed-use development outside of the CBD. Included is a sizeable commercial component, hotel, serviced apartments, extensive retail and hundreds of apartments.

Also high in value is Vicinity Centres' The Glen redevelopment which weighs in at $490 million. Probuild is currently undertaking works across the Glen Waverley retail hub.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image212_0.jpg" rel="gallery-all" title="Monash BLTB, M-City and the Victorian Heart Hospital"><img alt="" class="image-article-full-width-580px" height="422" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image212_0.jpg?itok=E2IZFFcj" title="Monash BLTB, M-City and the Victorian Heart Hospital" width="580"></a>

<figcaption>Monash BLTB, M-City and the Victorian Heart Hospital</figcaption></figure>Alke joins <a href="/buildings/galleria-glen-waverley-52-osullivan-road-glen-waverley">Galleria</a> as the second large-scale residential project under construction in the municipality, with Hickory Group working on Galleria's basement levels on the way to eventually delivering 267 apartments, 9 retail spaces, 315 car spaces and 88 bike spaces.  

From an education standpoint, builder Multiplex is well into Monash University's Biomedical Learning and Teaching Building. The $100 million Denton Corker Marshall-designed project is expected to be completed late this year and features a unique facade.

The Biomedical Learning and Teaching Building the latest in a string of big-ticket projects facilitated by Monash University over the past five years.

Poised to begin construction toward the end of the year is the new <a href="/news/john-holland-to-build-the-new-victorian-heart-hospital">Victorian Heart Hospital</a> opposite the Australian Synchrotron and partly funded by Monash University. Designed jointly by John Wardle Architects and Conrad Gargett, the $542 million project has been awarded to contractor John Holland.
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silvermb

Alke adds to City of Monash's multibillion dollar construction boom

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Based on the flow of planning applications into Oakleigh, the suburb was identified by Apartments.com.au as <a href="/news/pellicano-group-cements-oakleigh-as-an-upcoming-apartment-hotspot">an emerging apartment hot spot</a> at the turn of 2016.

Oakleigh's apartment-driven regeneration has now taken a step forward with the official launch of another major apartment project. Mount Waverley-based developer Pellicano has pulled the trigger on Alke, their latest residential project that will add 89 dwellings along Oakleigh's Atherton Road.

With an end value of $53 million, Alke is the result of a stint at planning which culminated with a win for Pellicano at VCAT.

Subsequent to the project's approval, Pellicano chose to drop the number of apartments within Alke from 115 to 89, in order to provide larger dwellings and better meet local demand stemming from Oakleigh and surrounding suburbs.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image6alke.jpg" rel="gallery-all" title="Oakleigh's new edition - Alke."><img alt="" class="image-article-full-width-580px" height="327" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image6alke.jpg?itok=dPCmYhPe" title="Oakleigh's new edition - Alke." width="580"></a>

<figcaption>Oakleigh's new edition - Alke.</figcaption></figure><h2>What they say</h2>

<blockquote>
Oakleigh holds a great significance to Pellicano and we want to uphold our history by bringing a more premium product to the area, adding value to the urban context and providing long-term, quality homes for its inhabitants.

These generously sized and well-designed apartments provide a great opportunity for contemporary, community-focused living within an established neighbourhood. Due to the area’s rich history and strong community, we are seeing a lot of interest from local downsizers and local first home buyers.

Many second and third-generation Europeans, who want to stay in their established community and continue to enjoy the abundant amenity but without the hassle of looking after a large family home, are looking to move into these larger, well-appointed apartments. The local primary schools and close links to relatives also make it attractive for the young families looking for a home.
<cite>Nando Pellicano: Pellicano managing director</cite>
</blockquote>

<blockquote>
Our interior arm created a scheme that offers residents the opportunity to express their own personality though the selection of furniture, artwork, and accessories.

The communal areas are light-filled and landscaped with vegetation, offering spaces for social interaction or quiet respite, and adding to the quality of life for Alke residents.
<cite>Tristan Wong: SJB director</cite>
</blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image5alke.jpg" rel="gallery-all" title="Alke's finer street level treatment"><img alt="" class="image-article-full-width-580px" height="725" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image5alke.jpg?itok=QHCrUUru" title="Alke's finer street level treatment" width="580"></a>

<figcaption>Alke's finer street level treatment</figcaption></figure><h2>The design</h2>

After various planning machinations, architecture firm SJB has settled Alke's design; two six level buildings set above a common podium level sweep away from one another, with a low-rise third building also part of the development.

Each building consists between 14-45 apartments, with the larger buildings bisected by a podium top communal garden space. Externally the project is finished in brick snap panels which speaks to Oakleigh's traditional housing finish, floor to ceiling glazing and perforated metal screens for shading and privacy.

Internally Pellicano have split the 1, 2 and 3 bedroom apartments into different categories; Garden Loft Residences, Terrace Homes and 3 bedroom Penthouse sized residences. Interior schemes carry timber floorboards, contrasting lines plus soft grey and white colour schemes with an overtone of industrial detailing.

The almost ubiquitous trendy cafe will also account for Alke's retail space.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image7alke.jpg" rel="gallery-all" title="Alke's communal terrace"><img alt="" class="image-article-full-width-580px" height="327" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image7alke.jpg?itok=N2_Xd7w6" title="Alke's communal terrace" width="580"></a>

<figcaption>Alke's communal terrace</figcaption></figure><h2>Oakleigh bulks up</h2>

Alke joins Oros as projects currently at sales within Oakleigh. 

Oros will eventually become a sprawling development accounting for a 9,605sqm site fronting Dandenong Road; its 348 apartments are joined by a serviced apartment contingent and in excess of 2,000sqm of retail space. Conversely Alke is more conservative in scale and closely cited to Oakleigh's retail and commercial heart, plus Oakleigh Station.

Combined they will add 400 plus apartments to the suburb which has only one considerable apartment project approaching construction completion, namely 8 Degrees at 83 Drummond Street which consists of 54 apartments.
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Alke adds another buyer option to the strengthening Oakleigh apartment market

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The arrival of Oros on <a href="/new-apartments">offtheplan.melbourne</a> heralds the launch of Oakleigh's largest mixed-use development to date.

Located at 807-811 Warrigal Road, Oros is also Nanjing-based Viapac Group's biggest Melbourne project; the Chinese-based developer has three additional developments on its books located in Newport, West Melbourne and South Yarra.

Oros' launch follows on from the application's stint at VCAT, as City of Monash failed to decide upon an application within the required 60 day timeframe. Viapac Group's visit to VCAT included amended plans which saw the Rothelowman-designed project cut from a high of 18 levels to a more modest outcome.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image91_3.jpg" rel="gallery-all" title="Oros exterior. Image: Viapac Group"><img alt="" class="image-article-full-width-580px" height="290" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image91_3.jpg?itok=eAG0ZMHq" title="Oros exterior. Image: Viapac Group" width="580"></a>

<figcaption>Oros exterior. Image: Viapac Group</figcaption></figure>Other project adjustments included the reduction in the total number of dwellings to 260, reduction in the total number of car spaces to 555, modifications to the internal layout of the development and adjustments to the project's facade finish. 

Regardless of the toned-down outcome, Oros is comfortably Oakleigh's largest high-density development to date. A sweep through the Apartments.com.au Project Database sees 7 separate apartment project in development. Oakleigh's most recent completion is Drummond Rise with 74 dwellings, whilst Alke on Atherton Road is the largest approved apartment development at 95 dwellings.

Oros is also set to feature a serviced apartment component which includes studio, single and dual bedroom options for a total of 106 suites. It's expected that Oros will provide the first injection of serviced apartments into Oakleigh since the Punt Hill Apartment Hotel Group took on 1384 Warrigal Road during 2009.

Viapac Group have also included a healthy townhouse aspect within Oros, in addition to one, two and three bedroom apartments.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image92_2.jpg" rel="gallery-all" title="Courtyard perspective. Image: Viapac Group"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image92_2.jpg?itok=zKv6xyLH" title="Courtyard perspective. Image: Viapac Group" width="580"></a>

<figcaption>Courtyard perspective. Image: Viapac Group</figcaption></figure>Oros is set across a sprawling 9,605sqm site, allowing Rothelowman to create three separate buildings. The sheer size of the project and subsequent space available has allowed for amenities to take precedence; over 4,360sqm of communal amenity area is included.

<blockquote>
With a bent toward promoting health and wellbeing, onsite recreational facilities include a yoga studio, a bocce field, gym and indoor heated swimming pool, all of which have been shrewdly designed using state-of-art equipment.

The inclusion of an array of communal spaces, including a verdant rooftop garden, modern cinema space, onsite restaurant, cafe, supermarket and lobby, invite the opportunity for social connections.
<cite>Oros marketing brochure</cite>
</blockquote>

Oros will further add the the transformation of Oakleigh into an apartment hot spot. The aforementioned Drummond Rise and the under construction 8 Degrees join Oros on the same block, as does 16-18 Dalgety Street which recently gained approval.

This sees approximately 420 new apartments slated for the one Oakleigh block bound by Warrigal Road, Princes Highway, Dalgety and Drummond Streets.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image89_1.jpg" rel="gallery-all" title="Amenities perspective. Image: Viapac Group"><img alt="" class="image-article-full-width-580px" height="325" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image89_1.jpg?itok=VvGNyhPF" title="Amenities perspective. Image: Viapac Group" width="580"></a>

<figcaption>Amenities perspective. Image: Viapac Group</figcaption></figure>
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Viapac Group launches Oakleigh's largest development

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Property developer Pellicano has been given approval for a mixed-use residential development in the victorian suburb of Oakleigh.
The mixed-use development, worth $53 million, will have 95 apartments and retail space nd consist of three buildings – a small linear building to the south and two sculpted buildings to the northeast and northwest.
A pedestrian walkway will run north to south through the site, connecting Atherton Road with the access laneway to the north.
Nando Pellicano, managing director, Pellicano said the site offers great connectivity to wider Melbourne being within a two-minute walk to bus access, and a five-minute walk to the Oakleigh train station.
"It also has direct access to major arterials such as Dandenong Road, Warrigal Road and the Monash Freeway,” he said.
"Alke will present a four-storey frontage to the street, with a retail tenancy at ground level creating an opportunity to add to the already vibrant street life.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/14/Oakleigh%20original.jpg" alt="">
“We see this development catering to residents in all walks of life,” Pellicano said.
“First home buyers, young professional renters, and downsizers who want the convenience of apartment living while staying within their local community can take advantage of this opportunity.”
A communal residents’ landscaped terrace will be located on level one, landscaped by John Patrick Landscape Architects.
Construction is set to commence in the second half of 2017.
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