<a href="https://www.apartments.com.au/new-apartments/smith-by-valli-collingwood-224-228-smith-street-collingwood-vic-3066">Smith Collingwood</a> is a new boutique apartment development bringing a refined, design-led approach to one of Melbourne’s most established inner-city neighbourhoods.

Designed by <a href="https://www.apartments.com.au/architects/pandolfini-architects">Pandolfini Architects</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/lisa-buxton-interiors">Lisa Buxton</a>, Smith by Valli sits on iconic Smith Street and comprises just 22 residences tailored toward owner-occupiers seeking a more considered style of apartment living.

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The design of Smith focuses on a north-facing orientation across all residences, a relatively uncommon feature in dense inner-Melbourne settings. Each apartment has been planned to maximise natural light and outlook, alongside a material palette defined by warm tones, custom joinery, and a full suite of Gaggenau appliances.

The development comprises a mix of one, two, and three-bedroom apartments, with pricing currently ranging from just under $1 million to around $4.85 million for the premium penthouse-level residences, reflecting growing demand for luxury owner-occupier product in Melbourne’s inner urban market.

Residents will also have access to a private rooftop garden designed as an elevated retreat above the city, &nbsp;featuring curated landscaping, veggie boxes, intimate seating areas and spaces for relaxed gatherings. Sustainability has also been integrated into the project through a 7-star energy rating and two secure bicycle facilities for every residence.

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Smith by Valli sits in the heart of one of Melbourne’s most established retail and hospitality strips, within walking distance of venues such as Falco Bakery, Carnation Canteen and Alimentari, alongside parks and everyday services. With a Walk Score of 99, the location reinforces the project’s positioning toward buyers prioritising walkability and access over car dependency.

With only a limited number of residences, Smith reflects growing demand for smaller, highly curated apartment developments that prioritise design quality, liveability, and connection to neighbourhood character.

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Joel Robinson

Smith by Valli delivers a refined collection of luxury residences to Melbourne’s inner north

<a href="https://www.urban.com.au/developers/far-east-consortium">Far East Consortium</a>’s 640 Bourke Street stands as a testament to&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic-3000">Melbourne</a>’s ability to bridge its storied past with a bold vision for the future.&nbsp;

Rising above the heritage-listed Eliza Tinsley building, the development reflects a broader shift toward adaptive reuse in the city, where historical assets are retained and reinterpreted as part of new residential development.

Designed by <a href="https://www.urban.com.au/architects/rothelowman">Rothelowman</a>, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> incorporates the Eliza Tinsley building as its foundation, housing a grand gallery and lobby space that serve as both a functional and symbolic centrepiece. The heritage façade informs the tower’s design, creating a connection between Melbourne’s past and its contemporary skyline.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

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Above this historic base, the 68-storey tower will deliver just over 600 residences, a notable reduction from earlier schemes, reflecting a deliberate move toward larger-format apartments and a stronger owner-occupier focus.

Unlike traditional CBD developments that prioritised investor stock, 640 Bourke Street has been repositioned to respond to changing buyer expectations.

"The discussion was all around making 640 Bourke Street the best residence to live in, to be much more focused on the people in the building rather than people looking at the building," Marsland explained.&nbsp;

This shift is evident in the development’s interiors, which emphasise practical luxury with spacious layouts, high ceilings, and floor-to-ceiling windows framing sweeping views of Melbourne and Port Phillip Bay.&nbsp;

“What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Lauren Sheldon, Far East Consortium’s Director of Sales and Marketing, said.&nbsp;

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Rothelowman Associate Jun Chang added, "We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."&nbsp;

Amenities spanning more than 3,000 sqm across multiple levels further reinforce this focus on resident experience. These include a pool, gym, co-working areas, and a range of hospitality-inspired spaces such as a whisky lounge, library, and private dining rooms, many drawing reference from traditional bathhouses and Melbourne’s laneway culture.

"We wanted to make both the pool and the gym area to be absolutely destinational, and when you traverse across to these spaces, there is a gentle familiarity to the beautiful notions of the hammams and the Roman baths, a gentle nod to history," Chang noted.

At street level, the project contributes to the ongoing transformation of the western CBD, with upgrades to Langs Lane and the introduction of retail, hospitality, and gallery spaces designed to activate the precinct and strengthen its connection to the surrounding city fabric.

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The location places residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market, and the Docklands waterfront, positioning the development within a rapidly evolving inner-city neighbourhood.

"We believe it's the best site left in the city of Melbourne," Craig Williams, Executive Director at Far East Consortium, said.&nbsp;

640 Bourke Street is Far East Consortium’s 14th building in Melbourne’s western CBD.

"A very elegant designed building. It's going to be a Melbourne statement for many, many years to come."

One-bedroom apartments are priced from around $640,000, with 640 Bourke Street targeting completion in 2029.

Renders shown are Artist's Impressions correct as of May 2026.

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Heritage-led design anchors Far East Consortium’s 640 Bourke St, Melbourne

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

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The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

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Each residence has been configured with four bedrooms, multiple living zones, a private office, and expansive ocean-facing terraces. Interiors draw on a restrained material palette, including travertine stone, timber joinery, and integrated premium appliances.

Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.

“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”

Residents will have access to a suite of wellness-focused amenities, including pools, sauna facilities, and dedicated relaxation spaces, reflecting a broader shift toward lifestyle-driven apartment design on the Gold Coast.

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The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

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MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

Apartment developers in the Gold Coast are finding new, creative ways to differentiate themselves from competing projects, as new supply starts to flow through up and down the Coast.

Developer BIG Projects brought in the renowned Sydney-based design studio YSG Studio to craft the interiors for The Frederick, BIG Projects' new Mermaid Beach project and YSG Studio's first move into the multi-residential development space.

[smartcode_project:default project_id=110588 project_image_fid=5346]

It was a strategic move for BIG Projects to bring in a Sydney eye to the development.

“Our role is to give our design partners the space and freedom to explore,” says Matt Barrett, Director of BIG Projects.

“We wanted YSG Studio to capture the essence of Nobby’s, to design a building that embraces life, light and connection, while creating a genuine sense of place.”

There are only 39 apartments in The Frederick, including a striking beach house, just 100 metres from the booming Nobby Beach precinct.&nbsp;

[smartcode_project:default project_id=110588 project_image_fid=5347]

Yasmine Ghoniem, Director of YSG Studio, says their vision&nbsp;for The Frederick "reinvents coastal living."

“Nobby’s has such an iconic energy, it’s one of those rare pockets of the Gold Coast where the community, the beach, and the streets all feel connected,” Ghoniem says.

"Responding to the neighbouring coastline, soothing curves add a relaxing regional overlay, while unique detailing really sets it apart. It’s a place that feels lived in from the moment you step inside.”

A standout feature of The Frederick is its rooftop terrace, an uncommon inclusion for a boutique, low-rise building, where amenity is typically concentrated at ground level.

[smartcode_project:default project_id=110588 project_image_fid=5360]

Positioned to capture panoramic views from the hinterland to the ocean, the rooftop has been designed as a series of intimate zones. It includes a pool, sauna, sun decks, workspaces and dedicated entertaining areas.

“The rooftop was conceived as a collection of spaces where residents can unwind and connect, an extension of the Nobby’s lifestyle,” Barrett says.

Architecture for the project was led by Plus Studio, with landscape design by LDG Landscape Architecture.

SRQ Projects Director Nick Clydsdale, who is handling sales at The Frederick, says the majority of enquiry is coming from South East QLD and Victorian buyers who have been actively searching between Broadbeach and Mermaid Beach for some time.

"They’ve reviewed a number of projects, however this one has stood out for its unique detailing and compelling design,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. BIG Projects is targeting a late 2027 completion.

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Sydney’s YSG Studio makes Gold Coast multi-residential debut with BIG Projects at The Frederick

Melbourne-based property developer ALTA Property has this week achieved planning approval for the adaptive re-use of a former commercial tower into a $200 million, 169-apartment project at 10 Queens Road, one of the last developable sites along the Albert Park Lake-fronting boulevard.&nbsp;

Set within one of Melbourne’s most sought-after precincts and designed by <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser and Partners</a>, the illustrious building will offer unparalleled views across Albert Park Lake, Port Phillip Bay and Melbourne CBD.&nbsp;

The mix of 1, 2 and 3-bedroom residences will be complemented by a ground-floor amenity featuring private dining, a lounge bar, gym and wellness spaces, co-working, outdoor communal gardens, and retail.&nbsp;

The 17-storey building is a masterclass in adaptive re-use, with the existing commercial building’s façade, shell and internal structure to be retained, before high-end residences are built from the ground up in a newly built Albert Park facing addition to the building.&nbsp;

Sitting atop the building will be two 320+sqm penthouses with private rooftop terraces, which are expected to be priced between $9 - $11 million.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="aa11211b-5581-43f9-940c-fc84d30a0e61" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/C_04.png?VersionId=Yhf5p_1EgGDu_zOIMFgvA8Ug8j3sTFQs" />

Architecturally, the building will feature a curved, geometric façade that celebrates and elevates the existing structure, with warm, muted tones which were selected to extend the materiality of the existing building rather than contrast it.&nbsp;

Interiors will bring together three metre high ceilings with waffle concrete in some spaces, natural timber, granite and Australian materials, culminating in crafted, generous and considered spaces that are defined by authenticity.&nbsp;

The adaptive re-use means that the Queens Road project will be a sustainability led, high-quality finished product, with a 62% saving in carbon emissions by re-using the existing structure rather than knocking it down and rebuilding.&nbsp;

ALTA Property was launched by Nigel Givoni in 2023, bringing over 25 years of experience in multi level residential delivery.&nbsp;

Melbourne’s property market growth is currently led by apartments. According to RPM VIC Apartments &amp; Townhomes Market Report (April 2026), units are outpacing houses, especially in the middle ring suburbs where median prices hit $757,500 – a four-year high that represents 2.9 percent growth quarter-on-quarter.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="647e13d7-b4bc-433a-9bc9-fe3c3dd4f2ec" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/V_06.png?VersionId=ou4NUCWUgA3NAy.6CQJlEdKX50j3dOk6" />

For ALTA Property Founder Nigel Givoni, this performance speaks to the confidence he has in the Melbourne market.&nbsp;

“Queens Road represents a rare opportunity to continue to shape our presence in the Melbourne market.,"&nbsp;Givoni says.

"With a considered project team and a premier site along one of the city’s most sought-after boulevards, we look forward to contributing to the fabric of this established address.

“Other Australian markets are getting a lot of attention, but I believe the depth of value in Melbourne is being overlooked. The fundamentals are strong, population growth is steady and, based on our preliminary conversations with a leading builder, construction costs are beginning to normalise, creating further opportunity."

Givoni says the project is a&nbsp;highly considered example of adaptive re-use, delivering quality, high-end residences, premium hotel-inspired amenities and an architecturally striking façade, all achieved without the need to remove the existing structure.

"We are really looking forward to the market’s response,” he said.&nbsp;

ALTA Property to deliver $200 million Queens Road apartment tower

Piper Townhomes

Piper Townhomes is the latest release in AVJenning&#39;s Waterline Place masterplan&nbsp;in the Melbourne&nbsp;bayside suburb of Williamstown.&nbsp;

Located on Nelson Place, Piper comprises just 14 townhomes and terraces.

Set for completion in&nbsp;mid-2022, it is just one part of the 500 residences planned for Waterline Place.

Urban picked out 5 things we love about Piper:

[smartcode_project:default project_id=102256 project_image_fid=163751]

<h2>1. Developed, and designed by AVJennings</h2>

AVJennings is a leading residential property development company that has been part of the Australian landscape for more than 85 years.

With over 12,700 lots in its portfolio, the company has experience in home building, land development, pre-planned integrated housing and medium density activities.

Other projects by AVJennings include Parkside, a townhouse project in Queensland&rsquo;s Bethania.

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<h2>2. Designed for young families and rightsizers</h2>

The three-bedroom townhouses have been designed with young families and rightsizers in mind, with extensive storage spaces, larger full-height windows, and a living area that opens out to a room-sized balcony.

Piper Townhomes are low-maintenance and family-ready homes with flexible spaces and covered outdoor areas for alfresco entertaining.

Across the expansive living areas, bedrooms and bathrooms, the contemporary homes are bright, and bathed in natural light. The warm hues and textures are accented by crisp finishes like reconstituted stone bench tops and Smeg appliances in the kitchen.

Piper&nbsp;have a&nbsp;bluestone and angled roofline theme that mimics traditional local cottages and industrial buildings of the past, to blend in with the established architectural character of the area.

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<h2>3. Different designs and themes on offer across the townhomes and terraces</h2>

While the three-bedroom townhouses have been designed with with extensive storage spaces, larger full-height windows, and a living area that opens out to a room-sized balcony.

The smaller mid-row terraces&nbsp;feature vertical zoning and a planned layout which allows for natural light.

Four of the five townhomes sit on a smaller 125 sqm plot, with number 5 offering 184 sqm of space, similar to the nine terraces.&nbsp;

They offer two different colour schemes, Smoke, with a focus on darker brushed colours and Blonde, a&nbsp;lighter theme.

<h2>4. Location Location Location</h2>

Located within Hobson Bay, the area offers cafes, restaurants, supermarket, shops, swimming beaches and renowned boating clubs.

Residents are also close to Williamstown, Williamstown Beach and Newport train stations and 9km away from the city.

Take a tour of the area and&nbsp;discover the walking trails of Point Gellibrand Coastal Heritage Park or catch the cricket at the Williamstown Cricket Ground near Seaview Williamstown a breezy location for seaside events.

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<h2>5. One part of a masterplan that pays heritage to the suburbs Maritime history</h2>

The development references Williamstown&rsquo;s well-known local personality Richard Piper, the postmaster of the Williamstown Post Office during the mid-nineteenth century.

It is across the road from&nbsp;&nbsp;Gem Pier where residents can get a closer look at the HMAS Castlemaine, a ship museum indicative of Williamstown&#39;s tight naval connections.

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Set for completion in mid-2022, Piper is just one part of the 500 residences planned for Waterline Place

jordan_55689

Five things Urban love about AVJennings Piper Townhomes in Williamstown 

Piper Townhomes is a boutique selection of 14 modern&nbsp;townhouses in the maritime suburb of Williamstown.

The terraces are just one part of AVJennings&#39; vision for Waterline Place, which they described as &ldquo;a village within a village&rdquo;.

Designed and constructed by their in-house team,&nbsp;Piper Townhomes&nbsp;are low-maintenance and family-ready homes with flexible spaces and&nbsp;covered outdoor areas for alfresco entertaining.

[smartcode_project:default project_id=102256 project_image_fid=163755]

Piper comprises nine three-bedroom homes facing Nelson Place, they &nbsp;continue&nbsp;the bluestone and angled roofline theme that mimics traditional local cottages and industrial buildings of the past, to blend in with the established architectural character of the area.

Across the expansive living areas, bedrooms and bathrooms, the&nbsp;contemporary homes are bright, and bathed in natural light. The warm hues and&nbsp;textures are accented by&nbsp;crisp finishes like reconstituted stone bench tops and Smeg appliances in the kitchen.

The three-bedroom townhouses have been designed with young families and downsizers in mind, with extensive&nbsp;storage spaces, larger&nbsp;full-height windows, and a living area that opens out to a room-sized balcony.

The smaller mid-row terraces feature vertical zoning and a planned layout which allows for natural light.&nbsp;AVJennings said they were ideal for young couples wanting their first home, as well as being attractive to&nbsp;investors. 
&nbsp;

<a href="/new-townhouses/piper-townhomes-at-waterline-place-nelson-place" target="_blank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/piper_3_bath.jpg" /></a>

Floorplans available for purchase:

<ul>
	<li>Three bed, three bath, two parking spaces, 180 sqm, $1,330,000&nbsp;(Pictured below)</li>
	<li>Three bed, three and a half bath, two parking spaces, 200 sqm, $1,495,000&nbsp;(Pictured below)</li>
</ul>

<a href="/new-townhouses/piper-townhomes-at-waterline-place-nelson-place" target="_blank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/piper_3.5_bath.jpg" /></a>

Piper&#39;s location is also a highlight, located close to the convenient public transport that is the Williamstown train station 400 metres away, the townhomes are 9km from the Melbourne CBD.

Within walking distance is Hobson Bay offering cafes, restaurants, supermarket, shops, swimming beaches and renowned boating clubs.

Designed and constructed by their in-house team, Piper Townhomes are low-maintenance and family-ready homes with flexible spaces that are bathed in natural light

Inside the floorplans of Piper Townhomes at Williamstown's Waterline Place

Piper Townhomes is the latest release in AVJenning&#39;s Waterline Place masterplan&nbsp;in the bayside suburb of Williamstown.&nbsp;

The boutique collection of just 14&nbsp;townhouses designed and constructed by their in-house team facing Nelson Place.

Piper is just one of&nbsp;14 apartment and townhouse developments that will call Waterline Place home, AVJennings are planning for 500 residences located in and around a sea of&nbsp;pedestrian-friendly, streets and laneways.

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Located close to the convenient public transport that is&nbsp;the Williamstown train station 400 metres away, Piper townhomes are 9km from the Melbourne CBD.

Within walking distance is Hobson Bay, offering&nbsp;cafes, restaurants, supermarket, shops, swimming beaches and renowned boating clubs.

Some of the fine dining establishments on Nelson Place include&nbsp;The Strand, Titanic Bistro &amp; Show,&nbsp;Monzarella Italian and Tick Tok. Further afield are Sebastion and Rotunda by the Williamstown Botanic Gardens.

Residents can discover the walking trails of Point Gellibrand Coastal Heritage Park or catch the cricket at the Williamstown Cricket Ground near Seaview Williamstown a breezy location for seaside events.

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As Piper is so close to the coast, there a number of scenic hotspots to check out including&nbsp;Point Gellibrand Lookout,&nbsp;Williamstown Timeball Tower and Gem Pier where residents can get a closer look at the HMAS Castlemaine, a ship museum indicative of Williamstown&#39;s tight naval connections

Representative of Williamstown&#39;s maritime history, large scale maritime industry dominates Williamstown&#39;s piers precinct and a maritime theme characterises the Nelson Place tourism precinct close-by.

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Residents can discover the walking trails of Point Gellibrand Coastal Heritage Park or catch the cricket at the Williamstown Cricket Ground near Hobson Bay

A walking tour of Williamstown: What's around the Waterline Place masterplan?

Piper Townhomes is a boutique collection of 14 modern, low-maintenance townhouses in the bayside suburb of Williamstown.&nbsp;

The terraces are&nbsp;just one part of AVJennings&#39; vision for Waterline Place, which they described as &ldquo;a village within a village&rdquo;. It will be home to around 500 residences across 14 apartment and townhouse developments, weaved among a sea of biophilic and pedestrian-friendly, streets and laneways.&nbsp;

[smartcode_project:default project_id=102256 project_image_fid=163753]

Piper comprises nine three-bedroom homes facing Nelson Place, starting from an extension of the neighbouring Lonsdale and Lysander townhomes. They will continue&nbsp;the bluestone and angled roofline theme that mimics traditional local cottages and industrial buildings of the past, to blend in with the established architectural character of the area.

The three-bedroom townhouses have been designed with young families and downsizers in mind, with extensive&nbsp;storage spaces, larger&nbsp;full-height windows, and a living area that opens out to a room-sized balcony.

The smaller mid-row terraces feature vertical zoning and a planned layout which allows for natural light.&nbsp;AVJennings said they were ideal for young couples wanting their first home, as well as being attractive to&nbsp;investors.

[smartcode_project:default project_id=102256 project_image_fid=163751]

Located within Hobson Bay, the area offers cafes, restaurants, supermarket, shops, swimming beaches and renowned boating clubs.

Residents are also close to Williamstown, Williamstown Beach and Newport train stations and nine kilometres away from the city.

Piper Townhomes are&nbsp;expected to be completed by&nbsp;mid-2022.

[smartcode_project_cta: project_id=102256]

Comprising just 14 residences, it is just one part of AVJennings vision for Waterline Place which they described as “a village within a village”.

How the luxury Piper Townhomes fit in AVJennings Waterline Place community in Williamstown

Townhome approvals across Melbourne softened over April, but are still higher than they were this time last year, according to&nbsp;according to Archistar&rsquo;s&nbsp;May National Townhouse and Unit Building Report.

There were 687 townhouses across the Victorian capital approved over April, down from the 895 approved in March.

Sydney went the other way however, with a spike from 699 to 923 approvals.

Since the impact of COVID in early 2020, there&#39;s been a strong shift in buyer preference toward townhouses.

[smartcode_project:default project_id=8082 project_image_fid=59639]

Over the last 12 months, only Adelaide and Perth saw less approvals for townhouses.&nbsp;

Brisbane reported the highest increase in townhouse building approvals over the year ending April 2021, up by 42.9 per cent,&nbsp;followed by Sydney up 14.6 per cent&nbsp;and Melbourne up by one per cent.

Townhouse building approvals however were down by 24.9 per cent&nbsp;for Adelaide and 10.6 per cent&nbsp;for Perth on the same year on year comparisons.

[smartcode_project:default project_id=102256 project_image_fid=163757]

Melbourne reported the highest average per townhouse building cost of $349,032 over April 2021, followed by Perth at $341,500, Brisbane at&nbsp;$282,123, Sydney at $277,494 and Adelaide at $238,286.

Nationally, 6669 higher-density dwellings were approved for building over April, which was the highest April total since 2018.

Since the impact of COVID in early 2020, there's been a strong shift in buyer preference toward townhouses

Melbourne townhouse approvals soften in April as Sydney spikes

ASX-listed developer AVJennings is matching the government stamp duty concession on all Piper Townhomes for those who buy before the end of June.

Piper is a boutique collection of 14 modern, low-maintenance townhouses in the stunning bayside suburb of Williamstown.

[smartcode_project:default project_id=102256 project_image_fid=163752]

The development references Williamstown&rsquo;s well-known local personality Richard Piper, the postmaster&nbsp;of the Williamstown Post Office during the mid-nineteenth century.

&ldquo;With a rich maritime history, this picturesque suburb is situated within Hobson Bay and offers cafes, restaurants, supermarket, shops, swimming beaches and renowned boating clubs&rdquo;, the project marketing reads.

Residents can secure one of nine three-bedroom homes facing Nelson Place, an extension of the neighbouring Lonsdale and Lysander townhomes at Waterline Place.

[smartcode_project:default project_id=102256 project_image_fid=163757]

According to the developers, the vision for Waterline Place is to be &ldquo;a village within a village&rdquo;. It will be home to approximately 500 residences and feature a series of green, active and pedestrian-friendly streets and laneways.

Featuring bluestone and an angled roofline that pays homage to Williamstown&rsquo;s industrial past, the three-bedroom homes blend in with the established character of the area.

With full-height windows, clever storage solutions and a large living area that opens into a room-sized balcony, these larger residences are ideal for couples, young families and downsizers.

[smartcode_project:default project_id=102256 project_image_fid=163754]

The five two-bedroom, two-bathroom terraces fronting Waterline Place are designed for first time buyers or couples looking for intelligent layouts.

Delivering a compact design, the two-bedroom townhomes include a ground-floor study, living room, under-stair storage and a single-car garage.

Prices for the homes in the Piper collection start from $830,000 and reach up to $1,495,000 for a three-bedroom, 3.5-bathroom property.

[smartcode_project:default project_id=102256 project_image_fid=163752]

For residents who purchase the off-the-plan residence before 30th June, AVJennings will pay a rebate at settlement to the same value as the government concession.

The development is expected to reach completion in mid-2022.

About the developer

AVJennings is a leading residential property development company that has been part of the Australian landscape for more than 85 years.

With over 12,700 lots in its portfolio, the company has experience in home building, land development, pre-planned integrated housing and medium density activities.

Other projects by AVJennings include <a href="/developments/bethania-qld-4205">Parkside, a townhouse project in Queensland&rsquo;s Bethania</a>. 
[smartcode_project_cta: project_id=102256]

For residents who purchase the off-the-plan residence before 30th June, AVJennings will pay a rebate at settlement to the same value as the government concession

Piper Townhomes

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