Abadeen has released the whole-floor penthouse crowning its recently completed <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences</a> development in Cremorne, bringing the near-300 sqm residence to market for the first time.

Occupying the entire top floor of the boutique Lower North Shore development, the penthouse includes 221 sqm of internal living and a 74 sqm wraparound terrace, with a prized north-facing aspect taking in views across Middle Harbour.

The residence has been completed and fully furnished following a collaboration between Abadeen Executive Chairman Justin Brown and internationally recognised interior designer Jack Freeman, Founder and Managing Director of FREEMAN &amp; CO.

<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> and Freeman approached the penthouse as a finished home, sourcing furniture, artwork, lighting and objects from Australia and overseas.

&nbsp;

[smartcode_project:default project_id=114246 project_image_fid=378718]

Pieces from Parisian design house Pierre Augustin Rose sit alongside contemporary artworks and bespoke lighting, with Freeman drawing on recent visits to PAD Paris and Salone del Mobile Milano for the final collection.

Brown said the aim was to create a penthouse that felt more like a large-scale private home than a traditional apartment.

"The experience begins the moment the lift doors open. You're welcomed into an elegant dining room before the home opens into an extraordinary living space framed by sun-drenched harbour views.

"Every time someone walks through the front door they pause. It's not just the view, it's the incredible sense of space, the warmth created by the northern sunlight that fills the interiors, and the way every room connects so effortlessly.

"It has all the proportions of a luxury home, while delivering the effortless lifestyle and personalised experience of living in a world-class six-star hotel, combined with the simplicity and convenience of apartment living."

&nbsp;

[smartcode_project:default project_id=114246 project_image_fid=378713]

A secure lift provides exclusive access to the penthouse level, opening to a dedicated arrival foyer and dining area before the residence expands into its main living and entertaining spaces.

Floor-to-ceiling glazing runs across the northern side of the home, connecting the interiors with the terrace and Middle Harbour outlook.

The penthouse also features a fireplace and substantial chef's kitchen, while the wraparound terrace has been designed to accommodate both everyday outdoor living and larger-scale entertaining.

[smartcode_project:default project_id=114246 project_image_fid=378720]

Freeman said the interiors had been deliberately kept restrained to complement the scale, natural light and outlook already established by the architecture.

"The penthouse is a serene study in quiet luxury," Freeman said.

"The interior pairs soft, sculptural forms with warm timber, pale stone and a restrained neutral palette. Curated artwork and metallic accents add depth, while abundant natural light creates a calm, effortlessly refined atmosphere. In my world, less is always more."

Freeman said the approach was centred around collecting individual pieces rather than simply decorating the apartment.

"Every material, every object and every piece of furniture has been curated with intention. I am a true believer in collecting versus decorating.

"The architecture already provided extraordinary natural light, remarkable volume and an uninterrupted connection to Middle Harbour. Our role was to complement those qualities with unique one-of-a-kind pieces of fine art and collectible design sourced from recent travels around the world."

[smartcode_project:default project_id=114246 project_image_fid=378694]

Among the collection are solid bronze sculptures by Lorenzo Quinn, alongside a curated crystalware collection and pieces sourced from international design fairs.

Park Residences sits opposite Cammeray Golf Club, Cammeray Croquet Club and Grand Slam Tennis Cammeray, around 300 metres from Neutral Bay Village and its established collection of restaurants, cafés and retail.

Brown said the combination of a whole-floor floorplan, northern aspect and proximity to Neutral Bay was becoming increasingly difficult to find on the Lower North Shore.

"Completed whole-floor penthouses with a sun-drenched north-facing aspect and sweeping Middle Harbour views are exceptionally rare," Brown said.

"Add a quiet position opposite golf, croquet and tennis facilities, a level walk to Neutral Bay Village and only minutes to the CBD, and you have a lifestyle that's incredibly difficult to replicate.

"This is a home that offers the privacy and generosity of a luxury residence together with the convenience of one of Sydney's best-connected harbourside locations."

The penthouse will be exclusively marketed by SRM Residential.

[smartcode_project_cta:default project_id=114246]

Joel Robinson

Abadeen unveils signature penthouse at Park Residences in Cremorne

New Brisbane developer Dalcott has unveiled Marrone, the first of three residential projects it is planning in and around Browning Street in South Brisbane.

<a href="https://www.apartments.com.au/new-apartments/marrone-south-brisbane-39-browning-street-south-brisbane-qld-4101">Marrone</a> will comprise 97 predominantly two- and three-bedroom apartments, with larger residences aimed squarely at the owner-occupier market.

The project will sit in a quiet pocket of South Brisbane between South Bank and West End, close to the restaurants, cultural attractions and riverfront amenity that have driven the suburb's continued transformation.

Dalcott is targeting buyers looking for more space and amenity than has traditionally been offered in the inner-city apartment market, particularly downsizers and professionals wanting to remain close to the city.

[smartcode_project:default project_id=149951 project_image_fid=377072]

Resident facilities will be concentrated around an extensive rooftop amenity offering, including a swimming pool, spa, infrared sauna, warm and cold magnesium plunge pools, private lounge, dining room and outdoor entertaining areas.

Dalcott Managing Director Lachlan Cottee said South Brisbane's combination of lifestyle, connectivity and established character had been central to the approach to Marrone.

“South Brisbane offers a combination of lifestyle, connectivity and character that’s difficult to replicate elsewhere in Brisbane,” Cottee said.

“Our focus has been on creating homes that feel connected to that environment while providing the level of design, functionality and quality that today's owner-occupiers expect.”

The residences will feature an expressive material palette. Italian Calacatta Viola marble, known for its deep burgundy veining, will be paired with aged brass tapware, Chestnut engineered timber flooring and Tuscan Oak joinery.

<img alt="Marrone" data-entity-type="file" data-entity-uuid="b8d833da-3b30-496a-ae30-07bdff371b50" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.35%E2%80%AFAM.png?VersionId=P6DAgOfaQzIXljKKK5j3e5NhWtrHIu9G" />

Bathrooms will feature Nara Japanese ceramics and glass bricks, while clay, walnut and brass lighting will be used throughout the apartments.

Dalcott has appointed Realm Projects, led by Managing Director Shane Foley, to handle sales and marketing following previous sold-out collaborations between the groups.

Foley said the Brisbane apartment buyer had become increasingly focused on the quality of the home itself rather than simply securing an inner-city address.

“We expect to see strong demand from buyers who still want all the advantages of inner-city living but aren’t prepared to compromise on the quality of their home,” Foley said.

“Many will be downsizers looking to leave behind the maintenance of a traditional family home without giving up the space they enjoy, while others are likely to be professionals wanting a residence that reflects the way they live today.”

“Marrone responds directly to that demand, with generous floorplans, exceptional resident amenity and a location that places some of Brisbane’s best dining, entertainment and cultural attractions within walking distance.”

<img alt="Marrone" data-entity-type="file" data-entity-uuid="61f7b22f-899e-4c0f-940a-7d3ab1bfb93a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.44%E2%80%AFAM.png?VersionId=PvN1JYxBgUpyCB7efKo52WGdSDs9nmim" />

Marrone will be the first project delivered as part of Dalcott's broader investment in the precinct.

It will be followed by La Terra, a boutique project comprising penthouse-style, single-level apartments on a northeast corner site with extensive resident amenity and city views.

Cottee said Marrone represented the first stage of the group's longer-term plans for the area.

Dalcott was established in 2025 by Lachlan Cottee and Ben Dalgliesh, combining development and construction capability under an integrated model and focusing on architecturally considered residential projects.

Marrone will initially be offered through a pre-release registration campaign ahead of its broader public launch.

Dalcott targets owner-occupiers with South Brisbane debut Marrone

Parnell Developments is the latest to seek significant uplift through the NSW Government's Housing Delivery Authority on a Strathfield site previously approved for a much smaller apartment development.

Parnell has sought approval for a 32-storey mixed use tower across&nbsp;<a href="https://www.apartments.com.au/new-apartments/7-lyons-street-strathfield-nsw-2135">3-7 Lyons Street and 18 Parnell Street</a>, a&nbsp;1,857 sqm site around 400 metres from Strathfield Station. The building would yield 160 apartments, 15 per cent of which will be dedicated affordable as per the government mandate for buildings seeking additional uplift.

Approved previously was a nine-storey building back in 2022 with just over 30 apartments. That approval came prior to the project being&nbsp;progressively reconsidered as planning policy shifted toward greater density around transport hubs.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="c5af5281-a643-4eb2-b8c4-0081b59c04c7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.16.48%E2%80%AFAM.png?VersionId=37bd3mI7rHNpThOV_75VO8xsGFwWOi1u" />

Turner has designed the latest building that would replace&nbsp;existing detached homes across the four lots.

The apartment mix comprises 22 one-bedroom apartments, 107 two-bedroom and two-bedroom-plus configurations, and 31 apartments with three or more bedrooms. The scheme also includes 203 car spaces across six basement levels and 58 bicycle spaces.

The proposal has been designed around a three-storey podium addressing Lyons Street, with the tower rising above and stepping toward its upper levels.

Turner said the podium was deliberately scaled to respond to the existing street, while the taller element has been designed as part of the emerging skyline anticipated around Strathfield Town Centre and the wider Homebush transport-oriented development precinct.

The Lyons Street frontage would have a more active, pedestrian-focused character, incorporating the commercial tenancy, landscaping and a brick-framed podium with an awning.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="14b20874-b8c3-4ac7-bc03-92be9a69fb78" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.48%E2%80%AFAM.png?VersionId=av.9TxtqIRTC6v3PkSuu1rL9rreWoe2h" />

Parnell Street, which faces the railway corridor, has been given a different architectural treatment, with double-height breeze blocks, landscaping and communal areas used to soften the interface with the rail infrastructure.

The tower itself uses curved and recessed facade elements, with wave-like indentations across the northern elevation breaking the building into three vertical forms.

A palette of grey concrete, brick and breeze blocks is complemented by clay and terracotta accents, while the upper tower adopts a lighter expression through articulated slab edges, vertical fins and recessed glazing.

Residents would have access to 467 sqm of communal open space spread across three levels. The ground floor would accommodate the more active resident areas, including barbecue and group gathering spaces and an internal communal room capable of being used for working from home.

A more passive viewing deck is proposed at level three, overlooking the ground-level landscaping and neighbouring tennis courts, while a rooftop "sunset deck" at level 30 would provide another social and relaxation space.

<img alt="Parnell" data-entity-type="file" data-entity-uuid="c3dce401-a80f-4682-8471-4caa01180880" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.34%E2%80%AFAM.png?VersionId=Xyo8JVqbOhSJXNy6Ih.1cHL.O6i0bGR." />

&nbsp;

&nbsp;

&nbsp;

Strathfield has been earmarked for substantial change through the Strathfield Town Centre planning work and the nearby Homebush TOD precinct.

Turner's report says the project has been designed to act as a transition between the existing low and mid-rise development surrounding the site and the taller built form expected to emerge across the town centre.

The proposal is being assessed as State Significant Development under the HDA pathway, alongside the concurrent request to amend the Burwood Local Environmental Plan.

First look: New apartment tower pitched for Strathfield Town Centre precinct

An $18 million penthouse has hit the market in Main Beach as construction tops out on La Mer, the $155 million apartment development rising just metres from the beach.

Spanning around 600 sqm across the top two levels of the 29-storey tower on Main Beach Parade, the four-bedroom penthouse is one of the latest eight-figure residences to test the upper end of the Gold Coast apartment market.

Its launch comes amid continued activity at the very top of the market, following the $30 million off-the-plan sale of a Burleigh Heads penthouse earlier this year, which surpassed the Gold Coast's previous $24 million apartment record set in 2023.

The <a href="https://www.apartments.com.au/new-apartments/la-mer-main-beach-3580-main-beach-parade-main-beach-qld-4217">La Mer penthouse</a> has been designed as a private residence in the sky, with 360-degree views spanning the ocean, Broadwater, hinterland and Gold Coast skyline.

[smartcode_project:default project_id=95606 project_image_fid=378731]

All four bedrooms have ensuites, while the ocean-facing master retreat occupies around half of the upper level and includes its own lounge, private balcony, two walk-in wardrobes and an oversized ensuite with a freestanding stone bath positioned to take in the views.

The residence also features a kitchen designed to accommodate a private chef, a 3.6-metre island bench, expansive butler's pantry, wine cellar and integrated bar.

[smartcode_project:default project_id=95606 project_image_fid=378732]

A rooftop pool and substantial outdoor entertaining area with its own kitchen sit above the residence, while a grand staircase connects the two internal levels. The penthouse also has its own express lift.

OTP Group Director James Elliott, who is marketing La Mer, said the penthouse was expected to appeal to high-net-worth buyers seeking either a permanent Main Beach residence or Gold Coast holiday home.

“The La Mer penthouse represents exceptional value, considering its quality design, size, privacy and location, not to mention the 360-degree views capturing the beach and Gold Coast Broadwater,” Elliott said.

“We’re anticipating interest from high-net-worth individuals and couples seeking a residence or holiday home in the sought-after village enclave of Main Beach, taking advantage of the unprecedented growth underway in the area and neighbouring The Spit.”

[smartcode_project:default project_id=95606 project_image_fid=378736]

La Mer is being developed by developer-builder ODUS and Nazero, in partnership with funder Metrics Credit Partners.

ODUS Director Byron Sakha said topping out the tower had provided the opportunity to release the project's most significant residence.

“We’ve worked with internationally-recognised studio Sici Design on the penthouse interiors, with a focus on ensuring it isn’t luxury for luxury’s sake. Every element has been thoughtfully designed to enhance quality of life for those who call it home,” Sakha said.

“The views are the hero of virtually every space, but we’ve given equal attention to the fittings and finishes, so every detail exudes elegance and refinement.”

Sici Design Founder and Director Maria Papadopoulos said the extensive views became an integral part of the interior design rather than simply something the residence was designed around.

“The views weren't something we designed around, they became part of the design itself, with the true luxury of La Mer in its feeling of peace, calm and wellbeing,” Papadopoulos said.

“Luxury isn't defined by how something looks, but how it makes you feel, and we believe a luxurious home should be beautiful to live in, not stressful to maintain.”

The interiors combine Austral Dream Dolomite natural stone and travertine with timber flooring and a restrained coastal palette.

[smartcode_project:default project_id=95606 project_image_fid=378734]

Designed by Plus Studio, La Mer is one of the more boutique additions to the rapidly changing Main Beach apartment market.

The tower comprises just 24 full-floor, three-bedroom plus multipurpose room apartments below the two-level penthouse, giving the project a considerably lower density than many of the larger towers being developed across the Gold Coast.

Residents will have access to a pool and spa, gym, sauna, barbecue facilities, private sun lounges, yoga lawn and outdoor beach shower.

The penthouse has been released as part of the final collection of residences at La Mer, with remaining apartments priced from $4.3 million.

Construction is expected to complete later this year, with a fully furnished display apartment now open on level four.

[smartcode_project_cta:default project_id=95606]

ODUS releases $18 million penthouse crowning La Mer Main Beach

<a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a> is preparing to commence construction on <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> this October, marking the next milestone for the Melbourne CBD development and its higher-end Eliza Collection.

Spanning levels 44 to 68 of the 68-storey <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed tower, the Eliza Collection has been conceived as a lower-density offering within the broader development, with only five apartments on each floor, dedicated lift access and a collection of resident spaces reserved exclusively for Eliza Collection residents.

The Eliza Collection forms part of Far East Consortium's broader move toward larger-format residences at 640 Bourke Street, where the number of apartments was reduced from earlier plans as apartment sizes increased.

[smartcode_project:default project_id=509 project_image_fid=365685]

"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," Far East Consortium Director of Sales and Marketing Lauren Sheldon said.

Rothelowman Associate Jun Chang said the design process provided an opportunity to create more generous floorplans.

"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."

[smartcode_project:default project_id=509 project_image_fid=368869]

That thinking carries through to the Eliza Collection, where the residences have been designed around the space and functionality associated with a larger home, but positioned high above the centre of Melbourne.

Kitchens are equipped with Gaggenau appliances, a butler's pantry, temperature-controlled wine cabinet and sculptural pendant lighting, while engineered timber flooring, stone and porcelain finishes and custom cabinetry feature throughout the broader interiors.

Privacy and security are another point of distinction. Eliza Collection residents have dedicated lift access, while 640 Bourke Street will provide concierge services and secure resident parking. Short-stay accommodation, including Airbnb, will not be permitted within the development.

[smartcode_project:default project_id=509 project_image_fid=365689]

Eliza Collection residents will also have exclusive access to selected amenity spaces across levels one and three of the restored Eliza Tinsley building. These include the Salon with grand piano, an art therapy room, private dining rooms and treatment rooms.

They sit within more than 3,000 sqm of amenity planned across 640 Bourke Street, alongside facilities including a pool, gym, whisky lounge and further social and wellness spaces.

The Eliza Tinsley building itself is central to the wider project's identity. Rather than treating the existing Eliza Tinsley façade as a separate element, Rothelowman used it as a starting point for the architecture of the new tower, with the historic building to accommodate the project's gallery and lobby.

"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.

[smartcode_project:default project_id=509 project_image_fid=368872]

The tower will rise behind the retained heritage building at 640 Bourke Street, placing residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market and the Docklands waterfront.

With construction scheduled to begin in October, Far East Consortium has established an onsite display gallery at 640 Bourke Street, including fully built apartments that allow the project's layouts, materials and finishes to be inspected at full scale.

A fully built Eliza Collection apartment is also available to view at the display suite by appointment ahead of the planned October construction commencement.

Eligible purchasers who buy before construction commences can secure the full available off-the-plan stamp duty savings, subject to eligibility and applicable conditions.

[smartcode_project_cta:default project_id=509]

Far East Consortium brings Eliza Collection to 640 Bourke Street ahead of October construction start

Queensland

Whether you're a fan of golf, enjoy boating, or dream of spending weekends relaxing by a pool, then you'll love the property we have to show you today.

Watch the video tour of Peninsula Collection.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/GMQbiWdwn2g" title="YouTube video player" width="660"></iframe>

<h2>PENINSULA COLLECTION AT A GLANCE</h2>

Developer: ASF Group

Architect:&nbsp;Archidiom

Address:&nbsp;52 Harbourview Drive, Hope Island QLD 4212

Number of residences: 63

[smartcode_project_cta: project_id=22034]

[smartcode_project:default project_id=22034 project_image_fid=172373]

Peninsula Collection is the final release within the Hope Island Resort, following the sell-out-success of Peninsula Terraces.

Securing a home within this prestigious gated community isn't an opportunity that comes around often, which is why we are excited to share this property with you.

While the display suite may be small, the resort is anything but – with 5-star amenities already built and ready for you to enjoy.

Swap your rush-hour commute to a cruise on your very own golf buggy, as you navigate from the pool to the tennis courts, or around the three championship golf courses, the island has to offer.

Another aspect we love about Peninsula Collection is the convenience of its location.

[smartcode_project:default project_id=22034 project_image_fid=172372]

You're just a stone's throw to Hope Island Shopping Centre as well as the marina – which offers boaters and yachters bridge-free and open-ocean access.

Plus, you've also got the added comfort of an in-built security button and 24-hour medically-trained security on site.

You'd think homes like these must come at a premium; however since they are community strata-titled apartments, you get to enjoy a spacious, brand new home in a great location with world-class amenities for a fraction of the price.

Not to mention, all Peninsula Collection residences are FIRB exempt - allowing you to tap into the global market for potential capital gains.

A three-bedroom home with two bathrooms and a parking space starts at just $565,000, one of the lowest price points on the Gold Coast market.

[smartcode_project_cta: project_id=22034]

To find out more about Peninsula Collection, then&nbsp;<a href="/buildings/peninsula-collection-harbourview-drive-hope-island">request more information from the sales agent</a> via Urban today.

Wendell Nulot

Display Tour: Peninsula Collection by ASF Group on Hope Island, Queensland

Located&nbsp;at the northern tip of the Gold Coast, the affluent, residential suburb of Main Beach is an enviable location for budding investors and families who love the beachside lifestyle.

Just walking distance from some of the region’s most iconic beaches, dining precincts and celebrated recreational venues, it provides convenient access to everything this relaxed beachside location has to offer.

Although demographics point to a large portion of established independents, youth and elderly singles, families moving to Main Beach have been steadily growing.

This is all thanks to the convenience of living close by the Marina Mirage, which has an array of boutique shopping and waterfront dining experiences.

The area is also home to two of the Gold Coast’s most luxurious five-star hotels, the Sheraton Grand Mirage Resort and the decadent Palazzo Versace.

Over the past year alone, two-bedroom units in Main Beach have seen weekly asking prices grow 17.0 per cent, according to SQM Research.

This is significant when compared to Brisbane’s 12-month change of 6.5 per cent for two-bedders.

Urban takes a look at the top Main Beach apartments for sale on Apartments.com.au.

1. Lagoon Main Beach 
Developer: Drew Group

[smartcode_project:default project_id=108747 project_image_fid=188174]

Set to be the largest Main Beach development since the 1980s, Drew Group’s Lagoon will be set over a large amalgamated 4,000sqm site.

Designed by Plus Architecture and From Landscape Architects, the development will boast 248 apartments spread across two towers, rising 23 and 31 levels.

Residents will also have access to a range of luxury amenities, including a central lagoon-style pool and spa, complete with integrated cabanas and deck chairs.

2. La Mer 
Developer: Polites Property Group &amp; QNY Group

[smartcode_project:default project_id=95606 project_image_fid=171654]

Ideally located in the heart of Main Beach, La Mer boasts luxurious three and four-bedroom apartments with spacious floorplans exceeding 307sqm.

Designed by Archidiom, the residences feature two ocean-view balconies, a large walk-in pantry, spacious separate laundry and dedicated storage areas.

Among the development’s communal recreational facilities include a 13-metre pool, barbeque facilities, private sun lounges and a yoga lawn.

3. Pearl Main Beach 
Developer: Raptis

[smartcode_project:default project_id=106752 project_image_fid=169994]

Located at 3550-3552 Main Beach Parade, Pearl rises 30 floors and boasts 80 two and three-bedroom residences.

Pearl Main Beach offers a striking architectural presence and includes an exquisite lobby, rooftop pool and easy beach access.

Each residence maximises expansive views with floor-to-ceiling windows, while clean lines and a gentle palette inspire harmony and relaxation.

4. Midwater 
Developer: Heran Building Group

[smartcode_project:default project_id=7356 project_image_fid=82551]

Boasting 165 residences in one, two and three-bedroom configurations, Midwater apartments are now available in Main Beach.

Designed by Cottee Parker Architects, the development boasts stunning interior design, resort-style amenities and picturesque views year-round.

Resident facilities include fully-automated valet parking, a beachfront infinity lap pool, smart home automation, rooftop pool, wellbeing centre and beach access.

5. Belvedere 
Developer: Winten Property Group

[smartcode_project:default project_id=106819 project_image_fid=171997]

Belvedere is yet another addition to the growing, rich history of Main Beach, as the largest new residential block on Tedder Avenue.

Located just 300m from the beach and a massive 2,655sqm site, the refined and sophisticated façade reflects the quality of residences within.

Amenities include 24-metre lap pool, grand entrance, grand lobby, four-storey atrium, rooftop pool and resident dining spaces.

Over the past year alone, two-bedroom units in Main Beach have seen weekly asking prices grow 17.0 per cent, according to SQM Research

max.kwok_55688

Top five Main Beach apartments for sale on the Gold Coast

Brisbane apartment values surged over August, jumping 1.4 per cent, according to the monthly update from property data firm CoreLogic.

It was the Queensland capital&#39;s best performing month in 2021 and took the rolling quarterly gains to 1.6 per cent,&nbsp;following&nbsp;0.8 per cent gains over July and 0.7 per cent in June.

Values are now 7.7 per cent higher than they were at the start of 2021, when the median apartment price was $390,000. Now it&#39;s $425,000, CoreLogic calculate.

[smartcode_project:default project_id=7879 project_image_fid=81516]

The price gap between houses and units in Brisbane however has widened, with Brisbane&#39;s median house price standing at $691,000, around $270,000 higher than the median apartment price.

New listings in Brisbane are slowly on the up ahead of the traditional listing increase in spring. The same can be said for Adelaide, Perth and Hobart, however the trend remains weak in the locked-down&nbsp;Sydney, Melbourne and Canberra.

[smartcode_project:default project_id=7879 project_image_fid=81519]

Queensland has benefitted from record low vacancy rates, with southern state dwellers heading north during the pandemic over 12 months ago.

The June 2021 quarter data from the Real Estate Institute of Queensland showed that nearly&nbsp;two thirds of local government areas in Queensland recorded their lowest or equal lowest residential vacancy rates since 2010.

Of the 35 local government areas, 20 saw their vacancy rates tighten, 10 remained static and five saw them slightly rise in the June quarter.

Brisbane&rsquo;s vacancy rate dropped from 2.1 per cent&nbsp;to 1.7 per cent&nbsp;from the previous quarter. The Gold Coast&rsquo;s remained static at a tight 0.6 per cent&nbsp;and the Sunshine Coast&rsquo;s was slightly higher, from 0.5 per cent&nbsp;to 0.6 per cent.

[smartcode_project:default project_id=21132 project_image_fid=33504]

Around Greater Brisbane, Ipswich stayed at one per cent, Logan slightly tightened from 1.1 per cent&nbsp;to one per cent&nbsp;while Moreton Bay remained the same at a low 0.7 per cent. Redland was tight at 0.5 per cent, falling from 0.6 per cent, while the Scenic Rim dropped from 0.8 per cent&nbsp;to 0.7 per cent.

REIQ&nbsp;chief executive Antonia Mercorella said the perfect storm of conditions thrown up by COVID-19 appeared to still have their grip on vacancy rates in the Sunshine State.

&ldquo;It seems the COVID-19 phenomenon of people moving to the regions for lifestyle purposes is still having an effect on vacancy rates,&rdquo; Mercorella said.

&ldquo;With more people taking the opportunity of working remotely and not having to commute regularly to their offices, they are succumbing to the lure of moving to a region where they can enjoy a sea or tree change lifestyle.

&ldquo;This could be reflected in regions around Brisbane such as the Gold and Sunshine Coasts and even further afield, where people can work remotely and commute to the capital city when necessary.

&ldquo;The lifestyle motivation is strong interstate, with people seeking an escape to Queensland from the southern states. According to the Australian Bureau of Statistics (ABS), Queensland recorded a net gain of 9800 interstate migrants in the December quarter &ndash; the highest of any state or territory.

[smartcode_project:default project_id=102309 project_image_fid=163977]

&ldquo;Greater Brisbane also recorded the highest net internal migration rate of any capital city in the December quarter &ndash; with 4800 arrivals. By comparison, Sydney and Melbourne lost 9300 and 8500 people respectively. In terms of overseas migration, half a million Australian expats have returned since the pandemic began.

&ldquo;In central and northern Queensland, a ramping up of the resources industry and a recent revival of tourism&rsquo;s fortunes (at least until the current interstate lockdowns) could be attracting workers to these regions, putting pressure on vacancy rates.&rdquo;

Mercorella said while owner-occupiers had been dominant in the residential property sales market, investors were becoming more active.

&ldquo;In May according to the ABS, the number of new housing loans taken out by investors rose 13.3 per cent to $9.1 billion &ndash; the highest amount seen since June 2015.

&ldquo;A return of investors to the market will likely increase the number of rental properties available and reduce pressure on vacancy rates, potentially providing some relief for those struggling to find a rental.&rdquo;

Queensland has benefitted from record low vacancy rates, with southern state dwellers heading north during the pandemic over 12 months ago

What happened to Brisbane apartment values over August?

EXPERT OBSERVER

Our research for the upcoming Spring edition of The Price Predictor Index shows that Regional Queensland has set another record, with 171 locations with rising sales activity and 96% of all locations achieving price growth in the past year.

The total of 171 rising markets is the highest recorded in the six years of these quarterly surveys. From 2015 to 2020, the average number of rising markets in our surveys of Regional Queensland was 49. The three surveys in 2021 have recorded 157, 146 and 171 rising markets.

The latest increase in the number of upwardly mobile markets comes despite a further softening in the Sunshine Coast market. The Sunshine Coast Region and Noosa Shire combined still have 19 rising markets, but this compares with 25 three months ago and 37 six months ago. This distinct pattern of a softening market comes after three very strong years in this market, and prices are still rising.

[smartcode_project:default project_id=89721 project_image_fid=172109]

Elsewhere in Regional Queensland, it&rsquo;s very much a story of growth. The Gold Coast, Cairns, Bundaberg, Gladstone, Mackay, Rockhampton, Toowoomba and Townsville have all increased the number of suburbs with rising sales volumes.

The Gold Coast is the most prolific municipality in the nation: 37 of the 49 Gold Coast City suburbs ranked in this report have rising trajectories with sales activity. This is an incredibly strong market, thriving on the Exodus to Affordable Lifestyle trend and going to another level every time Sydney and Melbourne experience lockdowns. Southport is a particularly prolific market: quarterly sales have been 197 288 382 496 505.

[smartcode_project:default project_id=106840 project_image_fid=172253]

The other standout market is Toowoomba, where 14 of the 17 suburbs ranked in this report are categorised as growth markets.

In the Far North of the state, both Cairns and Townsville have buoyant markets. Cairns has 16 suburbs with rising sales activity and Townsville has 11. In Palm Cove in Cairns, quarterly sales activity has been 25 54 69 78 92.

[smartcode_project:default project_id=101206 project_image_fid=162024]

In Central Queensland, nine of the 10 Rockhampton suburbs in this report are rising, while 10 of the 14 Mackay suburbs have increasing sales activity. In Yeppoon, quarterly sales have been 41 73 99 107

Gladstone is continuing its revival after a long slump: 8 out of 12 suburbs now have rising sales activity and there is growing evidence of price recovery.

Bundaberg continues to emerge as a growth city, with 8 out of 11 suburbs delivering rising sales activity.

There is also rising momentum in the Whitsundays market.

PRICES: The Sunshine Coast region is the undoubted star of price growth performance in Regional Queensland, although the Gold Coast is also challenging.

Across Queensland, 96% of locations have recorded growth in their median house prices in the past year. Almost 60% of locations have risen more than 10%.

[smartcode_project:default project_id=95606 project_image_fid=171653]

Unit markets have also done well, with 85% of locations recording annual rises in their median unit prices.

Across the region covered by the Sunshine Coast and Noosa councils, there are 33 suburbs and towns where the median house price has increased by at least 12% in the past year.

Sunrise Beach is up 37% to $1.2 million, while Minyama has risen 29% to $1.5 million. Markets which have increased 20-22% include Coolum Beach ($850,000), Wurtulla ($745,000), Woombye ($635,000), Twin Waters ($970,000), Maleny ($750,000), Mt Coolum ($760,000), Mudjimba ($920,000) and Noosaville ($1.35 million).

The Gold Coast has 26 suburbs with annual growth in house prices above 12%, led by Currumbin (up 24% to $1.18 million) and Bundall (22% to $1.27 million). Tallai, Tugun, Coomera, Labrador and Miami have all lifted 18-19% in the past year.

[smartcode_project:default project_id=21132 project_image_fid=33504]

The Hervey Bay market is lifting, headed by the 25% rise in Pialba ($400,000), while six other suburbs have increased more than 12%.

Mackay has several growing suburbs, led by 30% in Sarina ($375,000) and 25% in East Mackay ($425,000). Gladstone&rsquo;s recovery continues, with double-digit median price growth in six of its suburbs.

In Far North Queensland, Cairns has multiple growth locations, including Palm Cove (up 30% to $770,000), Caravonica (30% to $500,000) and Port Douglas (27% to $750,000). The revival in Townsville is being led by the 30% rise in North Ward ($735,000).

Unit markets have also done well, with 85% of locations recording annual rises in their median unit prices

terryryder

The rise and rise of Regional Queensland property markets continue: Hotspotting's Terry Ryder

So, if you are considering a Queensland property to call home; what can you enjoy doing whilst living in this beautiful state? Keep reading as we take a deep dive into everything you need to know about living in Queensland and some tips for buying property there.

Davis Gale

The ultimate guide to buying off-the-plan property in Queensland in 2021

Serving as a hot vacation spot for Australians and international visitors alike, with its breathtaking beach and plethora of nightlife options,&nbsp;Queensland has it all.

Both prestige apartments&nbsp;and entry level apartments on the Gold Coast and across Queensland are currently flying off the shelves.

As a result Brisbane and Queensland median apartment values have continued to soar&nbsp;with interest from every segment of the market.

Investors,&nbsp;first home buyers, upgraders and downsizers have been focused on&nbsp;many Queensland projects across Urban.

Three projects stood out as the most searched:

1. Pearl, Main Beach 
Address: 3550-3552 Main Beach Parade, Main Beach QLD 4217 
Two-bedroom apartments starting from $749,000

[smartcode_project:default project_id=106752 project_image_fid=169996]

The veteran Gold Coast developer Raptis has recently launched sales at its latest Main Beach apartment development, the $160 million Pearl, Main Beach.

The 30-level tower at 3550-3552 Main Beach Parade will have 80 apartments, including a luxury two-level penthouse.

Pearl, Main Beach, is the first foray in to the Main Beach market by Raptis, headed by founder Jim Raptis who started the company in Sydney back in the mid 1960s.

Construction is underway and is expected to be completed in August 2022.

2. Bide 
Address: 21 Longland Street, Newstead QLD 4006 
Three-bedroom apartments from $950,000

[smartcode_project:default project_id=102309 project_image_fid=163978]

Bide is a new residential offering nestled in the heart of Newstead, offering 89 apartments.

Developed by Dibcorp Properties, the functional apartments are designed as an urban seclusion hidden away in Brisbane

Situated just three kilometres from the CBD, Newstead has established itself as one of Brisbane&rsquo;s most sought-after suburbs.

The dynamic suburb offers residents every amenity, with lifestyle, commercial and entertainment hubs within walking distance, as well as its own zen garden, BBQ and a residents lounge.

3. Chevron One 
Address: 36-44 Stanhill Drive, Surfers Paradise QLD 4217 
Two-bedroom apartments from $858,000

[smartcode_project:default project_id=6515 project_image_fid=68834]

Comprising 236 one, two and three-bedroom apartments, Bensons Property Group&rsquo;s Chevron One stands as an iconic landmark in Surfers Paradise.

Rising 40 floors, the stylish high-rise features an organic sculptural form and rotating geometry that maximises views.

With close to 2000sqm of resort-style amenities, residents will enjoy Chevron&rsquo;s intuitive design and numerous facilities.

Designed by Marchese Partners, these amenities include a residents&rsquo; lounge, floating cinema, dining facilities and sculpted garden.

Investors, first home buyers, upgraders and downsizers have been showing an interest across many Queensland projects on Urban

jordan_55689

Top three most searched Queensland properties on Urban this week

Offering a collection 27 one, two and three-bedroom townhomes, Ascent is the newest development to hit the Sunshine Coast.

Situated at 19 Ellis Way, each residence offers an open plan layout with natural light and an undeniable feeling of space.

The home harmonises perfectly with the relaxed lifestyle of the Sunshine Coast, with residents enjoying parklands, schools, shops and restaurants just minutes away.

[smartcode_project:default project_id=27638 project_image_fid=83429]

&ldquo;A beacon for informed investors and the young professional alike, all eager to settle and enjoy living in this ultimate location&rdquo;, the developers said.

Architecturally designed, the project features a sophisticated design, timber features and thermal chimney skylights.

Ascent incorporates a stylish blend of sophistication and modern design offering buyers the best of both worlds with low-maintenance townhouse living and low body corporate fees.

[smartcode_project:default project_id=27638 project_image_fid=83430]

Some of the home&rsquo;s features include louvred windows, stone benches, generous balconies and a single lock-up garage.

The development is conveniently located less than ten minutes to Caloundra Business District.

[smartcode_project_cta: project_id=27638]

The home harmonises perfectly with the relaxed lifestyle of the Sunshine Coast, with residents enjoying parklands, schools, shops and restaurants just minutes away

A look at Ascent, the latest townhouse development in Sunshine Coast’s Meridan Plains 

Heran Building Group&rsquo;s brand-new Handford Heights project has released its four-bedroom townhouses with prices beginning from $444,900.

Located in the quickly growing North Brisbane suburb of Taigum, the development delivers the best in bayside living, located less than 10 minutes from Sandgate pier.

The family-friendly suburb is quiet and leafy, only minutes away from schools, parks, well-serviced transport options and the Taigum Square shopping mall.

[smartcode_project:default project_id=13435 project_image_fid=154099]

Architecturally designed, homes at Handford Heights come in six configurations: Eastport A, B and C, Coolangatta A, Noosa A and Ashmore A, all with a balcony and patio.

These layouts deliver three and four-bedroom options, two bathrooms, a separate powder room and a study to some floorplans.

Among the developments, other features include onsite management, a swimming pool, professional landscaping and ample visitor car parking.

Taigum is roughly a 25-minute drive to the Brisbane CBD, and ideally located an hour from both the Sunshine Coast and the Gold Coast.

[smartcode_project:default project_id=13435 project_image_fid=154097]

The dynamic urban locale covers everything from culture and art, live music, alfresco dining and stunning natural wonders.

<blockquote>
&quot;Taigum currently does not have many four-bedroom rental available, so higher than normal pricing can be achieved in this area&rdquo;, an appraisal from Marketing Co-ordination Australia stated.
</blockquote>

According to the project marketing, investors could see an expected rental return of up to $470 per week.

&ldquo;Average rentals for a three-bedroom are approx. $380/week, whereas a four-bedroom is approx. $451/week&rdquo;, the appraisal said.

The location is truly second to none, within walking distance to the Taigum Primary School and Carseldine train station direct to the city.

About the developer 
The family-owned Heran Building Group have been building good quality, affordable homes for three generations and is now one of the top privately-owned residential developers in Queensland.

Since 2013, the business has expanded its operations interstate, offering a wide range of townhomes, homes and apartments all over Australia.

[smartcode_project_cta: project_id=13435]

Located in the quickly growing North Brisbane suburb of Taigum, Handford Heights delivers the best in bayside living

Secure a four-bedroom North Brisbane townhouse from $444,900

There&#39;s a lot going for the South East Queensland property market, well before the announcement of the 2032 Olympics.

Queensland&#39;s handling of COVID has seen a number of southern state dwellers move north, buying apartments from Brisbane up to the Sunshine Coast.

There&#39;s expected to be further demand in 2022, when international travel opens up and local and international investors get back in to the market.

There was a 20 per cent rise in of new loan commitments by investors in Queensland in the 12 months to March 2021.

Urban has had a look at the best buys across South East Queensland, all under $495,000.

1. Estilo on Kittyhawk 
Address: 91 Kittyhawk Drive, Chermside QLD 4032 
One-Bedroom apartments&nbsp;from&nbsp;$299,000

[smartcode_project:default project_id=6668 project_image_fid=153835]

Apartments in Estilo on Kittyhawk, the second tower in the three building development in Chermside, north of Brisbane and developed&nbsp;by Gardner Vaughan Group, have been released.

The first tower in the project has finished construction and is sold out.

The family-ran developer are luring investors to the second tower with a $25,000 developer grant, as long as the purchasers pay a $25,000 deposit.

Situated right on Marchant Park, Estilo on Kittyhawk sits across the road from Westfield&#39;s premier shopping centre and is just over 10 minutes from the airport.

2. The Mill 
137 Eugaree Street, Southport QLD 4215 
One-bedroom apartments from $485,000

[smartcode_project:default project_id=7435 project_image_fid=153965]

The Mill presents a collection of 27 spacious apartments, thoughtfully designed to appeal to those who value quality, luxury, space and design.

Developed by PSA Group and designed by BDA Architecture, don&#39;t miss the opportunity to live a life of opulence surrounded by everything you need right at your doorstep.&nbsp;

Queen Street Village, a $550 million integrated masterplanned community is already taking shape and once complete will be within walking distance. It will feature an urban village with retail, dining and entertainment, as well as commercial office space, a medical centre and cinema.

3.&nbsp;Regal Residences Imperial Square 
Address:59-73 Meron Street,&nbsp;Southport QLD&nbsp;4215 
One-bedroom apartments from&nbsp;$364,000

[smartcode_project:default project_id=29350 project_image_fid=154910]

Gold Coast developer Azzura have fast-tracked construction of Regal Residences, the first stage in their $2.3 billion Imperial Square development in Southport.

Also featuring 200 hotel suites, local construction company Descon Group Australia is on the job.

Already around half of the 145 apartments in Regal Residences have sold, with Azzura&#39;s sales director Jason Paris pinning the strong sales on the pent-up demand for new product in the city&rsquo;s CBD hub.

Regal Residences will also include a range of commercial spaces on completion, rooftop bars, and amenities such as rooftop infinity pool, steam room, sauna, gymnasium, spas, zen garden, BBQ and a residents lounge.

4.The Coterie 
Address:&nbsp;365 St Pauls Terrace, Fortitude Valley QLD 4006 
One-bedroom apartments from&nbsp;$383,880

[smartcode_project:default project_id=6257 project_image_fid=141425]

Vicland Property Group&rsquo;s two breathtaking apartment buildings at Fortitude Valley offers a modern-day sanctuary in an energised urban village.

A prestigious collaboration by&nbsp;Rothelowman&nbsp;and&nbsp;Bruce Henderson&nbsp;Architects delivers residents a range of versatile, open-plan designs and luxury lifestyle offerings.

Preserving the history of the site, the Coterie integrates an original heritage bakery fa&ccedil;ade and feature a ground-level retail presence.

Residents will also have access to crafted social spaces that come together as two indulgent rooftop retreats, featuring an alfresco dining pavilion, rooftop pool, garden lounge seating and sun decks.

5. Ocean 
Address: &lrm;84 The Esplanade, Surfers Paradise QLD 4217 
One-bedroom apartments from $425,000

[smartcode_project:default project_id=7974 project_image_fid=72337]

The Meriton-developed Ocean at Surfers Paradise will soon be the tallest high-rise in the area, standing at 252 metres and 76 levels, therefore there will be a number of the higher apartments which look down on every building in the popular Gold Coast tourist hotspot.

Each of the SJB-designed apartments are complete with floor-to-ceiling windows, made to take full advantage of its iconic beachfront views.

Properties are available in a selection of one, two or three-bedroom apartment configurations, with one beds starting from $425,000. Prices over the last six months have ranged from $450,000 to $1.4 million.

<a href="/developments/gold-coast-qld?source_news_article_id=102343&amp;ref=news_body_link" target="_blank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gold_coasttile_6.png" style="width: 1200px; height: 797px;" /></a>

The entry level apartments in the Queensland market are the next wave to be snapped up, as investors continue to come back in to the market 

Five properties you can buy in Queensland under $495,000

Bensons Property Group’s Chevron One offers residents holiday-style living year-round, with close to 2000 sqm of resort-style amenities.

Designed by Marchese Partners, the project includes a Club One residents’ lounge, floating cinema, dining facilities and sculpted gardens.

As Chevron Island's first luxury tower, the development has a 24-hour concierge service and 360-degree uninterrupted views that will never be built out.&nbsp;

[smartcode_project:default project_id=6515 project_image_fid=68838]

The on-site luxury amenities also include a private dining facilities, a library, multiple swimming pools, a sculpture garden&nbsp;and more.

Situated on Stanhill Drive, Chevron One is within walking distance to Thomas Drive cafes and retail shops, Home Of The Arts precinct, and the beach.

Chevron One&nbsp;Residences offer a fully furnished, fully managed and hassle-free ‘turnkey’ lifestyle investment.

[smartcode_project:default project_id=6515 project_image_fid=68841]

Interstate investors in particular will be keen on the 14 day free days of holiday accommodation per year for their apartment.

<a href="/developments/gold-coast-qld?source_news_article_id=101645&amp;ref=news_body_link"><img alt="" data-entity-type="" data-entity-uuid="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gold_coasttile.png" /></a>

Developer Bensons Property Group are offering a range of incentives for investors in the 41 level tower designed in collaboration with Marchese Partners and Byrns Lardner Landscape Architecture.

The entry price to&nbsp;Chevron One&nbsp;is as low as $480,000 for a one bedroom, one bathroom apartment. A two bedroom, two bathroom apartment with parking is priced from $705,000.

Estimated completion of Chevron One is late 2023. To secure your new home in the sought after development, request a call from a Chevron One sales agent via Urban.&nbsp;

Chevron One offers residents holiday-style living year-round, with 2000 sqm of resort-style amenities

Queensland

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Queensland

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News