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

Prahran

Prominent developer Bensons has launched its latest Melbourne project, Ten Cecil, just 11 apartments in the heart of Prahran.

Starting from $1,999,000, the 11-level tower at 10-16 Cecil Place has been inspired by the unique cosmopolitan suburb, with renowned architecture firm Fender Katsalidis designing the facade of the building.

[smartcode_project:default project_id=4667 project_image_fid=207542]

SORA Interior Design have handled the interiors of the apartments, which each featuring Miele appliances, stone benchtops, European Oak flooring, and even gas fireplaces by&nbsp;ESCEA.

There are 10 two and three-bedroom apartments across the building, which will be part of the wider Anchor &amp; Cecil development which is expected to be fully launched next year. There's also one four-bedroom apartment, which has an $8 million price tag.

Common areas will feature their own curated art collection, incorporating 22 pieces by prominent Australasian artists such as David Bromley, Freddie Timms, Mark Schaller, and Jasper Knight. Bensons has a long association with the art world. Their chairman Elias Jreissati is an avid art collector and believes&nbsp;art&nbsp;is a vital form of communication and expression and belongs to a community.

[smartcode_project:default project_id=4667 project_image_fid=207536]

The discreet entrance from the quiet Cecil Place street front immediately greets residents with a private lobby clad in marble and ceramic feature walls.&nbsp;

Prahran delights with its mix of boho charm, innovative foodie scene and high street fashion, while sitting just five kilometres from Melbourne’s CBD.

Home to Australia’s oldest food market, Prahran Market is only a stroll away, while the spiritual hub of the suburb, Greville Street provides an array of cafes, eateries and retailers.&nbsp;

[smartcode_project_cta:default project_id=4667]

alisonwarters@gmail.com

Bensons launch Prahran apartments, Ten Cecil

Melbourne's inner-city has a new cutting-edge apartment project.

Plus Architecture, who leveraged computational and engineering technology to realise the vision for the complex angular tiled façade, created the designs for developer Little Projects at their recently completed Prahran apartment development, Viridi.

Located at 17-22 Grattan Street, the new-age apartments are a new visual landmark in the heart of Prahran, Melbourne, characterised by a wide-pitched, ‘hill-like’ roof.&nbsp;

<img alt="Render of the nature-inspired design" data-entity-type="file" data-entity-uuid="dd99c715-c5b0-4028-8beb-4dc846a10c4c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/PlusArchitecture_Viridi_Photography_TomRoe_Exterior.jpeg?VersionId=PRrHl3Z.rdj5ue1HL9.bhuVAjQy1iLUF" />

Viridi comprises 43 one, two and three-bedroom apartments across seven levels, alongside ground floor retail and 500 sqm of office space.&nbsp;

Little Projects worked with the land owner, whose two children will take up residence in the top-level apartments.

Little Projects Director Paris Lechte said their 10-year collaborative relationship with Plus Architecture provided a strong foundation of trust in their experience and ability to successfully navigate the complexities of the project.&nbsp;

“From the outset, we knew Plus Architecture had the capability to deliver an outstanding design on this challenging and quirky site. It’s been fantastic to collaborate once again to deliver the Viridi project,” Lechte said.&nbsp;

Designed to reflect and complement the adjacent Grattan Gardens, the facade is clad in a mosaic-like tessellation of over 15,000 terracotta roof tiles, glazed in shades of lush green.&nbsp;

Honouring local heritage hotels and mimicking the colours of the gardens, the tile design was brought to life with the help of a custom computer script, written by the architects, to map the colour ratios and pattern sequences via a 3D model.&nbsp;

Not seen before on an Australian apartment building of this scale, the raked nature of the tiled facade responded to council requirements not to overshadow the gardens or pedestrian pathways.&nbsp;

<img alt="An aerial of Viridi" data-entity-type="file" data-entity-uuid="c03e20ed-50d7-4066-98de-4cc9b7df1f8e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-08-25%20at%208.13.21%20am.png?VersionId=oHGnbdQ3QhmaLNuPGLbYvL.t6rq9vFft" />

Plus Architecture Director Ian Briggs said the strict requirements of the site were harnessed as an opportunity, rather than a restriction, inspiring an innovative response that pushes the boundaries of the use of material, colour and shape.

“Initially, using the tiles seemed an obvious choice as a lightweight flexible solution for what seems like basically a big roof, but as we explored this further it became apparent that we needed to develop new design and construction technology in order to deliver a design that’s unique to Australia,” Briggs said.&nbsp;

“Despite extensive experimentation, prototyping and quality testing, executed over several stages in close collaboration with our project partners, we were remarkably able to deliver the Viridi apartments within the original project budget, which was set out before we envisioned the ambitious roof design.

“It’s really exciting to be able to showcase a building that draws on methodologies that weren’t available to us before, and expresses colour so confidently to our clients and the community.”&nbsp;

In a process similar to painting by numbers, Plus Architecture designed the placement and sequencing of the coloured tiles using the 3D model, with the program further helping to predict how the colours would appear in changing light conditions and producing an accurate map that was expertly realised by tilers TLG Roofing Melbourne.&nbsp;

<img alt="The Viridi apartments" data-entity-type="file" data-entity-uuid="9571b426-a82e-4f5f-a936-a859686abc6d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-08-25%20at%208.13.31%20am.png?VersionId=Fc1KeZ9ISRDy7fLe.FrxFz8GLdunYq6x" />

Further tying the project to the community, the three shades of forest green tiles were selected from leaves sampled in the park, with each of the custom terracotta tiles hand-crafted in Spain – a process made possible through close collaboration with Cobild and constant adaptation to the ever-changing challenges of the pandemic to deliver the dynamic roof design as intended.

Plus also collaborated with engineers Inhabit on the roof design, with the plans requiring the development of new technology and waterproofing approaches specific for the project.&nbsp;

The project’s custom-built blue steel truss system, developed by Bolt Blue Constructions and Dynamic Steel Frame, ensured adequate stability for both the thousands of tiles and large windows – some reaching over 500 kilograms – while also allowing for immersive views of the skyline.&nbsp;

Compared to what a standard vertical wall would allow, the angled roof form also allows for increased natural light within the generously-sized apartments.&nbsp;

In line with the latest environmental standards, Viridi is accredited with a 7-star apartment ESD rating and features sustainable elements embedded within the design, from the double-glazed windows to the thermal insulation that results from the façade itself.

The project also included the revitalisation of the street interface in connection to the site through to the adjacent parkland, ground floor retail and increased pedestrian amenity, setting a tone for a welcoming neighbourhood environment.&nbsp;

Reaching beyond standard multi-residential design, Viridi is Plus Architecture’s latest multi-residential development, part of a pipeline of $1.5 billion in the state of Victoria alone.

Viridi comprises 43 one, two and three-bedroom apartments across seven levels, alongside ground floor retail and 500 sqm of office space. 

Behind Plus Architecture's nature-inspired facade design for Little Projects' Prahran apartments

Multi-billion-dollar&nbsp;developer GURNERTM has been given the green light&nbsp;for the redevelopment for its first private residences and club concept, Club Maison.

The permit comes for the reinvigoration of a historic former bluestone church and former Sunday school hall at 145–151 High Street in Prahran 12 months after&nbsp;GURNERTM filed the plans to create 45 luxury apartments across six levels.

Also part of the plans, which was signed off by the City of Stonnington Council, is&nbsp;a 324 sqm food and beverage tenancy at ground level, and a 262 sqm rooftop bar, infinity pool and lounge with extensive views of Melbourne.

Long-time collaborators Warren and Mahoney Architects have designed the project with John Patrick Landscapes designing the lush greenery and exterior amenity.

The design is both sympathetic to the historical significance of both heritage buildings which date back to the 1870s, and representative of the new use as a high-end club-style offering designed for the discerning clientele.

GURNERTM general manager of boutique, Brooke Formosa said that to have enjoyed such a collaborative and supportive process with council underpins and reinforces their vision for this site which will reinvigorate this historic Gothic Revival building and inject new life into the site.

"We are incredibly happy that Council shares our affinity for this site and our plans to breathe it back to life as part of the vibrant Chapel Street precinct," Formosa said.

Formosa said Club Maison is a new asset class they are investing heavily into over the next 2 – 5 years, with aspirations to acquire, develop and hold a number of accommodation assets in Victoria, New South Wales and Queensland.

“This Club Maison project will bring everything for which GURNERTM is so well known – amenity, service, concierge, impeccable design and quality – together and recreate it for a new market.

“We have a passion and proven track record for reinvigorating heritage sites and this project will be no different."

Warren and Mahoney Principal Architect, Barrington Gohns said the Club Maison designs really evoke a fuller lifestyle offering.

"The striking geometry of the gothic design has strongly informed our design for the residences, which take on a more contemporary feel and boast all the luxuries and amenities today’s discerning professional aspires to,"&nbsp;Gohns said.

“Like many of the projects we’re collaborating with GURNER on, the design challenge has been a trifecta of respecting and honouring the past, creating aspirational dwellings and, importantly, designing a lived experience that goes well beyond the aesthetic and function of the building.

&nbsp;

Long-time collaborators Warren and Mahoney Architects have designed the project with John Patrick Landscapes designing the lush greenery and exterior amenity

Gurner gets sign off for first Club Maison project in Prahran

The multi-award-winning Melbourne property developer Beulah has secured its next mixed-use development site.

The developer, headed by managing director Jiaheng Chan, has secured a corner site in Prahran, paying $11.4 million for the 1,132 sqm site at&nbsp;&nbsp;182-194 Commercial Road, opposite the well known Prahran Market.

They have plans to activate the community through a sustainable mixed-use development.

The site, on the corner of Izett Street, comprises six adjoining addresses near the recently completed $60 million Prahran Square project.

On the block is a multi-tenanted 1,087 sqm building with potential for future retail activation.

<a href="/news/vic/check-out-beulahs-best-melbourne-residential-projects">Read more:&nbsp;Check out Beulah&#39;s best Melbourne residential projects</a>

Jiaheng Chan said the team is excited to be able to contribute to the urban streetscape of Prahran as it continues to gentrify and evolve over time.

&ldquo;Prahran is currently going through an exciting evolution that is seeing a new generation of businesses set up shop, from forward-thinking restaurants and lifestyle-focused hotel chains,&quot; Chan said.

&ldquo;We&rsquo;re looking forward to offering a product that will add immense value to this inner-city pocket and will complement the renowned Prahran Market via retail, dining and public amenity, coupled with a residential offering not yet explored in this area.

&ldquo;This site will complement our growing boutique portfolio, which sits alongside the other growing arm of our business and that is large-scale, urban renewal precincts, such as that in Southbank.&rdquo;

Beulah are developing STH Bnk by Beulah, a mixed-use development on the current BMW showroom site on Southbank&#39;s&nbsp;City Road. It will comprise nearly 500 apartments and around 390 hotel rooms, as well as retail and office space.

[smartcode_project:default project_id=8804 project_image_fid=27929]

Beulah also recently announced the imminent release of its newest and most innovative residential project, The Wilds. The development features a collection of 15 carbon-neutral homes designed by leading design firm, Edition Office.

&ldquo;The global changes experienced in 2020 saw consumers prioritising health, wellbeing and sustainability, which closely informed our approach to The Wilds.

&quot;Similarly, we intend to draw on this research and approach in creating a thoughtful, sustainable and wellness-inspired design for Prahran,&rdquo; Chan said.

They have plans to activate the community through a sustainable mixed-use development.



Beulah secure Prahran site for mixed-use development

The high-end developer GURNERTM, is set for its second luxury apartment development as part of their new Club Maison strategy.

They&#39;ve secured a&nbsp;historic former bluestone church&nbsp;and former Sunday school hall site&nbsp;at 145 &ndash; 151 High Street, Prahran, and have submitted plans for a $40 million, 45 apartment development above the retained heritage building.

&ldquo;The heritage significance of the sites is what really excited us about the opportunity to be able to create something that embraces its past and re-invigorates it for the future,&rdquo; GURNERTM boss Tim Gurner.

&ldquo;It is no secret I am drawn to heritage sites especially where we can integrate the heritage components into our projects and bring these incredible buildings back to life.

The former Gothic Revival church and Sunday school hall building was constructed in 1891, later altered in 1936 to include shop fronts which are still in use today.

There will be a level of&nbsp;club commercial space behind the fa&ccedil;ade and an exciting ground floor restaurant and bar.

<a href="/developments/melbourne-vic?source_news_article_id=105008&amp;ref=news_body_link"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/template_photoshop_melbournecbd_8.jpg" width="1200" /></a>

The proposed design will also feature a private rooftop club with city views, a clear-edged infinity pool, outdoor kitchen and dining spaces, and a sun deck designed by landscape architect John Patrick.

GURNERTM have appointed their go-to design partner Warren and Mahoney, who specialise in heritage restoration, to handle the design.

&quot;We really wanted the heritage to be treated with the love and respect it deserves,&quot; Gurner added.

The Prahran development will be the second Club Maison concept project for GURNERTM, who&nbsp;announced&nbsp;their first site in St Kilda after the acquisition of the former Cushion Lounge on Fitzroy Street late last year.

Gurner says there&#39;s a major boom coming, and they&nbsp;want to be sure they&#39;re ready for it.

&quot;I&rsquo;m cautiously optimistic on the market this year and think both the residential and hotel markets will present significant opportunities in the coming years so we are aiming to acquire another 10-15 sites across our portfolio in the next one to two years.

[smartcode_project:default project_id=5615 project_image_fid=166290]

&ldquo;The short term effects of the pandemic are hard to predict, however I am extremely confident in the future of Melbourne and Australia as the world comes out of this hiatus and people seek a safe, beautiful and free life and Australia offers this more than anywhere else in the world.&quot;

GURNERTM general manager of boutique, Brooke Formosa, said the site is an ideal location

&ldquo;Being so close to Prahran&rsquo;s vibrant Chapel Street precinct and amenity like Fawkner Park, St Kilda Road and the CBD, this site is the ideal location for both a residential component and our new Club Maison accommodation concept,&rdquo; she said.

&ldquo;Building our private club, hotel and boutique accommodation portfolio will be a major focus for us into 2021 and beyond, to complement our luxury residential pipeline as we expand into new asset classes, particularly where we can retain ownership and management long-term.

"I am extremely confident in the future of Melbourne and Australia as the world comes out of this hiatus and people seek a safe, beautiful and free life," Gurner said.

Boom coming to Melbourne says Tim Gurner, who plans second Club Maison apartment development in Prahran

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The Prahran apartment renovated on The Block in 2014 by contestants Darren and Dea Jolly has been resold at $2.2 million.

The apartment from the Glasshouse season of The Block fetched $820,000 more than its $1.38 million sale on the show’s finale.

The three-bedroom apartment at 6/125 High Street fetched above its $1.9 million price guide at its mid-February auction given four bidders.

“I think Prahran is a bit of an iffy suburb,’’ Dea said after its 2014 result.

“It was a bizarre result,’’ she told the Herald Sun.

“You have two apartments who kill it, and three just die, it’s just not what nobody would have guessed.

“One apartment that did well was facing the south with all that noise, and the other had no external windows.”
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The apartment from the Glasshouse season of The Block fetched $820,000 more than its $1.38 million sale on the show’s finale

jchancellor

Prahran apartment from The Block 2014 resold for a profit

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The Prahran apartment renovated by Darren and Dee Jolly on the 2014 series of The Block has hit the market for the first time.

The two-level warehouse conversion last sold for $1.38 million in 2014.

It has just been listed again through Marshall White Fraser Cahill with a price range of $1.65 million to $1.75 million.

The three bedroom, two bathroom space at 6/125 High Street was one of the five residences in a building known as The Glasshouse.

It comes with a gourmet kitchen with four Bosch ovens, including a steamer, and a butler’s pantry.

It was previously office space.

Offers are due February 23.

The marketing advises the addresses of recently sold comparable property as:

<ol>
<li>14/7 Gordon Street Toorak 3142 - $1,800,000</li>
	<li>1901/572 St Kilda Road Melbourne 3004 - $1,800,000</li>
	<li>1003/454 St Kilda Road Melbourne 3004 - $1,690,000</li>
</ol>
There was a resale of 5/125 High Street in 2019 with its 232 sqm space fetching $2,275,000 having fetched $1,724,000 at its 2014 auction.
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The Prahran apartment renovated by Darren and Dee Jolly on the 2014 series of The Block has hit the market for the first time

Darren and Dee Jolly's 2014 The Block unit offered for the first time

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Prahran had the top Melbourne auction result on the weekend with a mooted development site selling at $3.6 million.
<a href="https://www.realestate.com.au/sold/property-house-vic-prahran-128438542" target="_blank">The 76 Williams Road offering</a> (pictured above) was listed through RT Edgar inconjunction Gross Waddell.
It was a block of five, two bedroom apartments, on separate titles returning $98,016 p.a.
The total land area of 975m2 featured two street frontages, with access via Russell Street.
It was within a short walk to the High Street shops and restaurants, nearby parklands and transport.
Each apartment comprises two bedrooms, open plan kitchen/living room, one bathroom and one car space.
It came with four monthly tenancies and one lease terminating February next year.
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j.ballantyne1990-6AQqhLzZaK

Block of five Prahran apartments sells for $3.6 million.

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The Chapter Group have commenced construction on their Prahran project, Ukiyo.
Located at <a href="/buildings/ukiyo-2-porter-street-prahran">2 Porter Street, Ukiyo</a> offers twelve half or full-floor configurations with prices beginning at $2.1 million for a three-bedroom apartment.
Designed by K2LD Architects, Ukiyo is inspired by the Japanese Ukiyo-e art movement, offering carved qualities and “living walls”, the marketing reads.
The project’s offering include full floors bathed in natural light, 270 degree views and custom detailed wardrobes.
The home’s interiors use vertical fluted timbers and horizontal black lines to contrast materials.
Only two apartments remain in the project, with Chapter Group sales representative Lucas Burton holding the listing. 
<a href="/architects/k2ld-architects?utm_source=PropertyObserver" target="_blank">Other projects by K2LD</a> include Nest at the Hill in Doncaster, developed by Sin Heng Chan.
The project offers 253 residences spread across 12 floors.
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wdavis-8cCN98p7xp

Japanese-inspired Prahan project, Ukiyo, almost sold out

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A contemporary family home over three levels in Prahran, Victoria has been sold for r $6.46 million by online auction. 
It was sold by Anthony Grimwade and Jack Edgar of RT Edgar Toorak. 
The resort-style home at <a href="https://www.realestate.com.au/sold/property-house-vic-prahran-134007806" target="_blank">52 Murray Street </a>is situated on 620sqm of land, positioned in one of Prahran's wide tree-lined streets next to Victoria Gardens. 
The ground floor comprises multiple living and dining zones opening to outdoor entertaining. 
The first level comes with four bedrooms including one with ensuite, plus a further central bathroom and rumpus or media room. 
The whole upper level is occupied by the master bedroom with ensuite, parent's retreat and balcony with city and garden views. 
<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/2020/8/3/prahran%202.jpg" alt="">
The home also features CBUS system, security intercom, alarm and garaging for three cars. 
It is situated within a short stroll to Hawksburn Village shops, restaurants and transport. 
<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/2020/8/3/prahran%203.jpg" alt="">
The property was only on the market for 10 days, according to Anthony. 
It was last sold in 2007 for $500,000. 
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