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

Pellicano Group

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A collaboration between developers Pellicano and hospitality experts Zagame, could see Melbourne open the Southern Hemisphere’s largest indoor waterpark by summer 2021. 

Not only will the park be home to adrenaline seekers and holiday makers, but an education-focussed initiative will mean students can tour Zagame Wild Water Park behind-the-scenes to discover unique engineering and technology advancements.

The $100 million project, announced earlier this week, contains numerous exciting features such as the ability to launch yourself from towers on zip-lines, play interactive video games through water tunnels, zoom skyward in uphill waterslides, float beneath a giant aquarium of marine-life and more. 

Zagame’s Wild Water Park has been in the planning process for seven years, under the management of award-winning architects Peddle Thorpe. The team also employed the help of Canadian company WhiteWater West, who will bring new innovative technology down-under.

<blockquote>
“The park will be home to some of WhiteWater’s latest innovations in technology and design, bringing a truely one-of-a-kind experience to all Australians.”
</blockquote>

- James Corbett, Managing director of WhiteWater West Australia.

Once open, primary, college and tertiary students will be invited to explore the engineering and technological aspects of the design on a guided tour.

The park will also provide multiple hands-on learning stations such as interactive iPad’s where children can learn about the lifecycle of food, a freshwater aquarium exhibit and a community vegetable garden. Pellicano’s managing director Nando Pellicano explains the ‘learn while playing’ philosophy will provide the wider community with “safe and educational fun for all-ages”. 

THE FACTS:

<ul>
<li>Situated in Dingley Village, only 40 minutes south-east of Melbourne’s CBD</li>
	<li>The park is estimated to create 1184 full-time jobs</li>
	<li>18,200 sqm indoors / 20,000 sqm outdoors</li>
	<li>Will deliver year-round, all-weather experiences</li>
	<li>Forecast visitation numbers at over one million annually</li>
	<li>Zagame and Pelliccan have committed to implementing multiple sustainable practices such as solar power, reuse of rainwater collection, extensive indigenous wetland planting, focus on composing/recycling/biodegradable processes </li>
	<li>The two companies have previously collaborated on Paradise Resort in the Gold Coast</li>
</ul>
</body></html>

Olivia Round

New waterpark gives students exclusive access to world-class technology

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Metro and regional centres alike stand to gain as developer Pellicano announces the latest round of cooperation with short stay provider Quest.

A trio of new locations have been announced in recent days, bolstering the relationship between the duo which already includes a Quest presence in Brisbane's Woolloongabba and metropolitan Melbourne's Dandenong. Gold Coast's Robina is to be joined by new Victorian locations in Geelong and Preston as Pellicano aggressively expands its development pipeline.

Including the Quest apartment hotel at Ballarat Station’s $51 million mixed-use redevelopment, the quartet of projects stand to deliver 328 Quest apartment-hotel rooms, 99 purely residential apartments, a combined retail space of 2,500 square metres and a conference centre/theatrette.

All four projects have a nominated 2020 completion date, ballooning the combined Pellicano and Quest partnership to 555 rooms over eight locations.

<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/image4aa.jpg" rel="gallery-all" title="Quest Robina will become a reality"><img alt="" class="image-article-full-width-580px" height="367" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image4aa.jpg?itok=W7X3EJYd" title="Quest Robina will become a reality" width="580"></a>

<figcaption>Quest Robina will become a reality. Image: Pellicano</figcaption></figure><h2>What they say</h2>

<blockquote>
The newest deals with Quest will take our relationship to eight projects over the past decade.

The mixed-use nature of Quest’s offering combined with our residential apartments is a complementary offering and gives us the opportunity to value add by forming agreements with Quest to offer hotel-like services to the residential occupants in the building.
<cite>Pellicano managing director Nando Pellicano </cite>
</blockquote>

<blockquote>
We are fortunate to have established a long term partnership with such a renowned developer as Pellicano. We look forward to providing greater apartment-style accommodation for our corporate and leisure travellers, in locations where our customers need to be.
<cite>Chairman of Quest Apartments Hotels, Paul Constantinou</cite>
</blockquote>

The latest announcement is a boon for both developer and operator.

Beyond the fruitful relationship with Quest, Pellicano has a number of active residential projects in both Melbourne and Brisbane, with the latter a joint venture alongside fellow Melbourne-based developer Perri Projects. Dubbed South City Square, the multi-towered precinct's current build includes 140 apartments within the latest residential tower, with future stages still to be delivered.

Urban.com.au recently revealed that Pellicano injected itself into Melbourne's Brunswick <a href="/news/pellicano-drops-in-as-mirabella-opts-out-of-moreland">via a new apartment project</a> which is now at planning.

Designed by Six Degrees Architects and including 66 apartments, the development at 212-214 Albion Street finds itself in a pocket of apartment projects, both existing and in development, that maintain a high degree of design nous coupled with environmental sustainability. The Albion Street 1,530 square metre site was nabbed by Pellicano for $5.8 million during mid 2017.

<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/image8_30.jpg" rel="gallery-all" title="Quest Preston is in the pipeline"><img alt="" class="image-article-full-width-580px" height="363" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image8_30.jpg?itok=01KifPl7" title="Quest Preston is in the pipeline" width="580"></a>

<figcaption>Quest Preston is in the pipeline. Image: Peddle Thorp</figcaption></figure>Bolstered by Sinagporean firm The Ascott Limited increasing its stake in Quest lat year, the brand is proliferating at pace across Australia and elsewhere.

Whilst Ascott’s overall portfolio has expanded to 507 properties across 124 cities, Quest has for the most confined itself to Australia. It maintains a presence in over 150 locations across Australasia, although plans are in place to open as many as 10 apartment hotel properties in the United Kingdom over the coming five years with Liverpool the first nominated city.

The operator's most recent Australian project to reach completion was Quest Pacific Epping which was subject to a separate development agreement between Quest and Pacific Shopping Centres. Head contractor Maben recently completed the seven level complex which involves retail tenancies, office space and 96 rooms.

<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/img_4282.jpg" rel="gallery-all" title="Quest Eping upon completion"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/img_4282.jpg?itok=dUsUYn8h" title="Quest Eping upon completion" width="580"></a>

<figcaption>Quest Pacific Epping upon completion</figcaption></figure>
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silvermb

Secondary markets benefit as Pellicano and Quest expand their national presence

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Project partners Pellicano Group and Perri Projects have taken their massive South City Square project back to planning in order to rework future stages of the development.

The project is very much representative of the boom in development that has been seen across Woolloongabba, although the bulk of South City Square has yet to be built. Earlier this month planning documents were lodged, seeking to alter the composition of future stages of the project which in time willencompasses more than two hectares.

Primarily fronting Logan Road, the applied for changes changes are relevant to the southern portion of the site and look to supersede planning approval granted during late 2016.

Initial buildings on the Logan Road and Deshon Street intersection were completed during 2017.

<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/image3_11.jpg" rel="gallery-all" title="South City Square as of late 2017. Image: Aussie Bhoy / Skyscrapercity"><img alt="" class="image-article-full-width-580px" height="383" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image3_11.jpg?itok=mRoy71di" title="South City Square as of late 2017. Image: Aussie Bhoy / Skyscrapercity" width="580"></a>

<figcaption>South City Square as of late 2017. Image: Aussie Bhoy / Skyscrapercity</figcaption></figure>Changes sought within the new application include:

<ul>
<li>Adding a new parcel of land at 178 Logan Road and removing 31 Sword Street</li>
	<li>Changing the staging for the development proposal</li>
	<li>Delivering a supermarket and central square as a stand alone stage (owing to Woolworths signing on)</li>
	<li>A change in design for what will be known as Building 6</li>
	<li>Building 4 will be split to create two separate buildings known as Building 4 and Building 5 (18 and 15 levels)</li>
	<li>Inclusion of retirement living </li>
	<li>Additional parking</li>
</ul>
Overall seven separate developable buildings between 4 and 18 levels are in the wings, although Stage 3/Supermarket is noted as being at construction.

In line with a swag of applications that have targeted retirement living across Brisbane in recent times, South City Square aims to follow suit. Planning consultant Urbis noted "A vertical Retirement Facility is also proposed to be introduced into the development to meet Brisbane’s growing demand for retirement facilities and enhance the diversity and mix of uses included in South City Square.

The introduction of this use has tangible benefits to the broader community who may be looking for retirement options in Woolloongabba."

<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/image1_11.jpg" rel="gallery-all" title="The development as envisaged upon completion. Planning image: DBI "><img alt="" class="image-article-full-width-580px" height="349" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image1_11.jpg?itok=0fe8QgB3" title="The development as envisaged upon completion. Planning image: DBI " width="580"></a>

<figcaption>The development as envisaged upon completion. Planning image: DBI</figcaption></figure>To this point the sprawling $600 million mixed-use project has held a nominated completion date of 2023. The initial plan consisted of six residential buildings and one hotel in addition to the major retail, dining and entertainment aspects at ground level.

It's likely that Brisbane's soft apartment market has in part contributed to the rebalancing of the project's uses. 
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Brisbane's South City Square changes composition

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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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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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Ballarat's station precinct is set to be transformed, following last week's announcement that the Pellicano Group has been awarded the rights to develop a new conference centre and hotel facility.

Premier Daniel Andrews last week joined Minister for Regional Development Jaala Pulford, Member for Wendouree Sharon Knight and Member for Buninyong Geoff Howard to announce the winning team to build the $44 million project which seeks to kick-start the larger revitalisation of Ballarat’s historic station precinct and surrounding area.

The redeveloped precinct will feature:

<ul>
<li>A modern 4.5 star 77 room hotel to be run by Quest.</li>
	<li>1,700sqm conference centre, a 300-seat theatrette and a 300-seat banquet room within the Goods Shed.</li>
	<li>900m2 of retail and dining options within the Goods Shed and a public plaza for community events.</li>
	<li>420 car parks with 270 for commuters and 150 for hotel patrons, with scope for future expansion.</li>
	<li>The Spotless Group will operate the conference facilities under their EPICURE brand and will focus on building an events base including exhibitions, performances, weddings, conventions, community events and galas.</li>
</ul>
<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/screen_shot_2016-11-29_at_9.16.02_am.png" rel="gallery-all" title="The new 4.5 star 77 room Quest Hotel. Image courtesy Pellicano Group"><img alt="" class="image-article-full-width-580px" height="315" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2016-11-29_at_9.16.02_am.png?itok=shEpc4xo" title="The new 4.5 star 77 room Quest Hotel. Image courtesy Pellicano Group" width="580"></a>

<figcaption>The new 4.5 star 77 room Quest Hotel. Image courtesy Pellicano Group</figcaption></figure><blockquote>
Ballarat has a proud history and bright future. This is about putting people first and bringing more people to this great city – creating jobs and making this historic precinct something locals can be proud of.
<cite>Premier Daniel Andrews</cite>
</blockquote>

<blockquote>
We think it’s a very strategic site near the train station, and the combination of a Quest hotel and convention centre run by Spotless was an attractive prospect. It made a lot of sense to invest in the project and we’ve got a long standing relationship with Quest, so that made us more comfortable. We are very confident (it will be successful). We’re basing it on our assumptions done via modelling and Quest already have an existing model as they have a[apartments ion Ballarat already.
<cite>Nando Pellicano, Director, Pellicano Group</cite>
</blockquote>

The Victorian Government will be investing $25 million from its Regional Jobs and Infrastructure Fund. Construction is expected to begin by mid-late 2017, however a completion date for the project has yet to be nominated. The project is expected to generate 140 jobs during construction and 30 ongoing jobs once completed. Construction will be staged in such a way to minimise disruptions to local residents and commuters.

The concept plans are available for viewing and comment at www.engage.vic.gov.au until 22 January 2017. The community is also invited to an open day on Saturday 3 December at Ballarat Library, from 12.00pm to 4.00pm.
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Laurence Dragomir

Ballarat’s historic station precinct set to be transformed

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Builder turned developer Pellicano Group is seeking approval for a residential apartment development in Oakleigh that promises to further propel the suburb toward higher density living. The Mount Waverley-based firm is proposing 111 residential apartments at 89-93 Atherton Road which if approved would become the tallest building within the suburb.

Over a 2,620sqm site, the land in question is located on the north side of Atherton Road and is currently for the most an open air at-grade car park.

<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/image8_2.jpg" rel="gallery-all" title="Ground level perspective. Image courtesy SJB"><img alt="" class="image-article-full-width-580px" height="327" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image8_2.jpg?itok=h_7BFMDc" title="Ground level perspective. Image courtesy SJB" width="580"></a>

<figcaption>Ground level perspective. Image courtesy SJB</figcaption></figure>Requested is a part 5, part 8 and part 10 storey residential building which would sit within the Oakleigh Activity Centre. Limited street frontage and space confines has seen project lead SJB create a multi-building outcome with the expectation that its orientation will allow for maximum natural light to penetrate the development.

Included within 89-93 Atherton Road are 26 single bedroom options supplemented by 85 dual bedroom apartments with either a single or double bathroom in tow. A 200.2sqm retail tenancy faces Atherton Road whilst communal facilities for the project are expected to include a terrace, indoor and outdoor gym and BBQ/teppanyaki area.

In context Pellicano Group's proposal is in close proximity to another SJB-designed apartment project, Atherton &amp; Atkinson, which is currently under construction.  Atherton &amp; Atkinson is second only to Kokoda Property Group's 94-apartment Infinity Oakleigh project which was completed during 2015 in terms of the current wave of Oakleigh apartment project completions.

<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/image7_6.jpg" rel="gallery-all" title="Drummond Hill plus Atherton &amp; Atkinson are adding to the Oakleigh apartment mix"><img alt="" class="image-article-full-width-580px" height="268" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image7_6.jpg?itok=kiLVjDLq" title="Drummond Hill plus Atherton &amp; Atkinson are adding to the Oakleigh apartment mix" width="580"></a>

<figcaption>Drummond Rise plus Atherton &amp; Atkinson are adding to the Oakleigh apartment mix</figcaption></figure>The spread of apartments within Oakleigh has also landed upon Dandenong Road with a number of current projects also showing on the Apartments.com.au Project Database.  CGHS Developments have guided Drummond Rise to construction whilst the adjoining site is being marketed by developer Intraland as 8 Degrees Apartments.

Immediately north of Intraland's site another application is under consideration for a 34-apartment project at 16-18 Dalgety Street. The recent sale of 807-811 Warrigal Road to Chinese affiliated Viapac Australia Pty Ltd further underpins Oakleigh's apartment hot spot credentials with the 3,686 sqm site sold by CBRE City Sales featuring an indicative development scheme for 190 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/image1_2.jpg" rel="gallery-all" title="CBRE City Sales have foreshadowed 200 apartments for 807-811 Warrigal Road"><img alt="" class="image-article-full-width-580px" height="396" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image1_2.jpg?itok=2y8CT__a" title="CBRE City Sales have foreshadowed 200 apartments for 807-811 Warrigal Road" width="580"></a>

<figcaption>CBRE City Sales have foreshadowed 200 apartments for 807-811 Warrigal Road</figcaption></figure>Factoring in the numerous large at-grade car parks within the Oakleigh Activity Centre capable of taking sizeable development, the suburb's proximity to the massive drawcard that is Chadstone Shopping Centre as well as increased rail capacity within 5-10 years with the advent of the Melbourne Metro Rail project / Dandenong rail corridor improvements and the proliferation of smaller scale projects such as 33-35 Ferntree Gully Road, and Oakleigh is in the initial throes of an apartment-based transformation.
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