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

SJB Architects

While the rolling lockdowns were keeping Melburnian&#39;s at home, it was a requirement that all amenity inside apartment developments be treated in the same way as the rest of the hard-hit commercial industry.

[smartcode_project:default project_id=4136 project_image_fid=156385]

But that&#39;s now a thing of the past, and apartment dwellers are once again taking advantage of the shared, communal spaces.

None more so than those at Riverbank, the newly completed development in Abbotsford by Salta Properties.&nbsp;

Set on the banks of the Yarra River, Riverbank is a collection of one and two-bedroom apartments, with interiors&nbsp;by Carr Design Group.

[smartcode_project:default project_id=4136 project_image_fid=194167]

The sustainable 6+ energy rated building features a number of amenities, including a swimming pool and gym, cinema, an extensive lounge space, kids playroom, bike workshop and even a vaunted golf simulation room. There&#39;s also two EV car charging stations for resident use.

Upon entering Riverbank, residents will be captivated by the earthy transitional and communal spaces that connect with the riverfront setting.

Architects&nbsp;SJB&nbsp;created a generous public realm around Riverbank, incorporating plazas, active retail frontages, and pedestrian/bicycle paths.

[smartcode_project:default project_id=4136 project_image_fid=166460]

Unrivalled building amenity has been provided to ensure occupants will be able to create a sense of lifestyle and community within Riverbank.

Clean and simple in design, the &lsquo;Splash&rsquo; swimming pool was purposefully&nbsp;designed to overlook&nbsp;the Yarra River below, while keeping residents privacy with an abundance of tree canopies.

One of the most impressive inclusions on the extensive amenity list is The Clubhouse, the residents&#39; lounge featuring plush velvets and wood panelling. A dark veneer formed bookcase wall creates a spine to the lounge area, sitting as not only a feature in the room but also doubling as a library.

[smartcode_project:default project_id=4136 project_image_fid=166464]

Another feature of Riverbank is the &lsquo;Movie House&rsquo; cinema, where residents will be able to experience VIP treatment with the in-house private screen.

Situated overlooking the Yarra River, the gym and sauna will almost make you feel like you&rsquo;re exercising outside, without leaving the comfort of your own home, fitted out with the best in exercise and fitness equipment.

The children&rsquo;s play and creative area features work benches, colouring areas, and arts and crafts, all in the safety confines of the precinct.

[smartcode_project:default project_id=4136 project_image_fid=166463]

&lsquo;Spokes&rsquo; bike workshop is available for cycling enthusiasts to fine tune, store and maintain their favourite two-wheeled accessory, while golfers can head to &lsquo;The Swing&rsquo; golf simulation room to fine-tune their skills before hitting the fairway.

Comprising 530 apartments in two buildings adjacent to the Yarra River in Abbotsford, The Park House is the final piece in the wider Yarra Gardens Precinct. Embracing its enviable position and river bank frontage, the building is elevated on piloti&#39;s, which gives residents&nbsp;views through the site of the unique natural landscape along the river.&nbsp;

Just three kilometres from the CBD, the tower forms have been arranged and sculpted to allow views to the river from the majority of the apartments, unlocking the parcel of land formerly occupied by the Melbourne Fire Brigade.

[smartcode_project:default project_id=4136 project_image_fid=194168]

When we spoke to SJB earlier, they noted the importance of north-facing frontage to the Yarra River.

&ldquo;These differing conditions resulted in building forms that have been shaped to respond to their location on the site and precinct planning that ensures a high quality public realm with enhanced amenity and connection to the Yarra River,&rdquo; they said.

These shared spaces open up to the surrounding landscape, with internal lounges spilling out onto alfresco terraces, leading down to the river, encapsulating a sense of space and connection to nature.

[smartcode_project_cta: project_id=4136]

The sustainable 6+ energy rated building features a number of amenities, including a swimming pool and gym, cinema, an extensive lounge space, kids playroom, bike workshop and even a vaunted golf simulation room.



alisonwarters@gmail.com

The onsite amenity keeping residents entertained at Riverbank, Abbotsford apartments

SJB are one of Australia&#39;s most sought-after architecture firms for anything from mutli-residential apartment developments to commercial towers and luxury home builds.

They&#39;ve got two studios, in Sydney as well as Melbourne, and have been the brains behind the likes of Crown&#39;s luxury Waterfall apartments in Sydney and Kings Domain in Southbank.

One of their most recent designed was the&nbsp;Abbotsford apartment development The Park House, developed by the renowned Salta Properties, with a major influence in the design being the building&#39;s proximity to the Yarra River.

Urban spoke to SJB&#39;s Michael Bialek, who headed up the design team for The Park House, to discuss how it was created.

What was the brief from Salta for The Park House, and then more specifically Riverbank? How did it need to differ from Riverbend?

Salta&rsquo;s brief for the The Park House project was to deliver a quality residential development as the final piece for the wider Yarra Gardens precinct.

[smartcode_project:default project_id=4136 project_image_fid=156385]

The project should provide significant improvements to the public realm through the provision of new visual and physical links from Victoria Street through to the Yarra River. Compromising over 500 apartments, the new buildings should respond positively to the landscaped character of the adjoining completed Green Square project and allow construction in stages towards the new proposed Walmer Plaza.

Riverbank addresses the &lsquo;urban edges&rsquo; of Victoria Street and Walmer Plaza, while Riverbend is less prominent &ndash; connected to the adjoining Green Square project and overlooking the bend in the Yarra River.

What were the most important features of the site/location which influenced your design?

The most important features of the site are the frontage to busy Victoria Street and the opportunity presented by the north-facing frontage to the Yarra River. These differing conditions resulted in building forms that have been shaped to respond to their location on the site and precinct planning that ensures a high quality public realm with enhanced amenity and connection to the Yarra River.

<a href="/buildings/the-park-house-627-631-victoria-street-abbotsford"><img alt="" height="810" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/park_house_salta_plans_sjb.jpg" width="1200" /></a>

Were there any other buildings&nbsp;you&#39;ve designed previously&nbsp;(or just seen) that influenced the design?

SJB was previously involved in the delivery of three residential projects fronting both Burnley Street and Victoria Street in the precinct. Each project has a distinctive aesthetic based on its orientation, typology and scale &ndash; townhouses fronting laneways, apartments along street frontages and common amenities surrounding landscaped courtyards.

[smartcode_project:default project_id=4136 project_image_fid=156385]

The buildings which are in close proximity to the retail complex Victoria Gardens, create a varied yet unified residential community which enjoys access to shopping facilities, public transport and riverfront recreation.

What were the biggest challenges of the design?

The challenges faced in the early design phase related mainly to the sensitive location of the site along the Yarra River.

Taller built forms were shaped so that the actual and apparent width of buildings were minimised when viewed from the river. These sculpted forms have been aligned generally to be perpendicular to the river corridor. Building separation, height and setback controls also influenced site planning and built form outcomes.

A two-tier river edge movement system was also incorporated into the master plan in order to maintain and enhance the &lsquo;natural&rsquo; river character at the lower level. A continuous bicycle connection is provided at this lower level while a more active &lsquo;urban&rsquo; character is created at the upper level with new pedestrian connections from the river to Shamrock, Walmer and Davison Streets.

[smartcode_project:default project_id=4136 project_image_fid=156274]

What interested you about the project?

The most interesting aspect of the project was the opportunity and challenge to provide significant improvements to the public realm and amenity for new occupants and the surrounding neighbourhood.

Unlocking this parcel of land formally occupied by the Melbourne Fire Brigade was a significant achievement by the project team, delivered through the provision of new public spaces and connections to the Yarra River.

What part of the design were you most proud/most interested in seeing when it&nbsp;was completed?

SJB is able to look back with pride at its role in the delivery of a series of residential projects in the precinct, which were successfully adopted by the marketplace over several years. The area has been transformed into a &lsquo;new neighbourhood&rsquo; with an improved public realm and new connections to the Yarra River.

In The Park House project, residential amenity is of high quality. Planning of apartments provide significant northerly outlook over the natural landscape of the river setting while common facilities are well located and generous. The aspirational planning principles for the site have been delivered while the residential character and amenity of the buildings are both innovative and responsive to this unique setting.

[smartcode_project:default project_id=4136 project_image_fid=166461]

How closely do you work with Carr Design when creating the apartments? 

SJB &amp; Carr Design worked collaboratively during the design phases of the project, with extensive briefing sessions determining the aspirations for both teams. The interior design of apartments and common areas was to respond to the architectural character of each building. Particular attention was paid to the extensive recreational facilities including swimming pools, lounges, playrooms and entry lobbies.

[smartcode_project_cta: project_id=4136]

Urban spoke to SJB's Michael Bialek, who headed up the design team for The Park House, to discuss how it was created.



How we designed Riverbank apartments in Abbotsford: Urban chats with SJB's Michael Bialek 

The property&nbsp;developer Land Real&nbsp;are offering $20,000 savings on all of their two and three bedroom apartments at their South Kingsville development, Newport Village.

The limited time offer will see prices for the two bedroom apartments drop from $575,000 to $555,000 and three beds from $900,000 to $880,000.

One bedroom apartments are priced from $435,000.

There are only 34 apartments in the SJB-designed&nbsp;Blackshaws Road development, which will feature a number of townhouses that are expected to be released this year.

[smartcode_project:default project_id=5449 project_image_fid=161852]

SJB have designed the apartments so every apartment takes in views of Newport Lakes Reserve and Ducrow Reserve.

The building is crowned with a resident rooftop terrace, complete with barbecue facilities.

[smartcode_project:default project_id=5449 project_image_fid=161848]

The well regarded building firm Hamilton Marino has been appointed to construct&nbsp;the development. Site works have commenced and completion is slated for late 2022.

About the developer

With roots going back to the early 1980s Land Real is a Melbourne centric real estate developer with a proven track record, striving to deliver innovative developments focused on creating quality homes for people with cosmopolitan lifestyles.

Their most well known development was Kings Domain Apartments in Southbank, which they also had SJB Architects design and Hamilton Marino build.

There are only 34 apartments in the SJB-designed Blackshaws Road development, which will feature a number of townhouses


Land Real offering $20k incentives at South Kingsville apartment development Newport Village

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Stockland’s new townhome development, Haven, combines sustainable features with open spaces in Melbourne’s Altona North.

Situated in the city’s inner-west, the project boasts a collection of two, three and four-bedroom townhomes designed by the award-winning SJB Architects.

Each residence features expansive, open-plan interiors, a contemporary material palette and outdoor entertainment areas, including private back yards and shared green space.

[smartcode_project:default project_id=29947]

Built around a serene central park, the development continues Stockland’s strong history of producing sustainable developments.

Part of a network of pocket parks, the park and accompanying playgrounds provide space for residents and the broader community to get together, work out and enjoy time with their family and friends.

<a href="/buildings/haven-altona-north-278-288-blackshaws-road-altona-north-vic-3025"><img alt="" height="3332" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/haven-278-288-blackshaws-road-altona-north-6c77fa5c4631057caf61b4ebecff7583_0.jpg" width="5000"></a>

The development has been popular amongst first home buyers, who wish to take advantage of quality living spaces and city convenience.

Evolving from its rich, industrial heritage, Altona North has blossomed into a very attractive location for families.

The vibrant suburb is located just 11 kilometres from the Melbourne CBD and enjoys the numerous amenities of the Inner-West.

<a href="/buildings/haven-altona-north-278-288-blackshaws-road-altona-north-vic-3025"><img alt="" height="2500" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/haven-278-288-blackshaws-road-altona-north-016e13279ed304dbd19d493aa28e1291.jpg" width="5000"></a>

Residents can enjoy an active lifestyle at the nearby public pool, the badminton centre, the indoor climbing gym or the golf course nearby, while cycle paths, walkways and parks connect the community to neighbouring suburbs.

Two-bedroom townhomes within the development begin from just $605,000, while four-bedroom townhomes sell from $815,000.
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The development has been popular amongst first home buyers, who wish to take advantage of quality living spaces and city convenience

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Why Stockland's Altona North townhome development Haven is so popular among first home buyers

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Meriton is renowned for its attention to detail, innovative design and finishes of the highest standard. Every Meriton residence is built for a lifetime of comfort. The Retreat is no exception. Timeless design and functional layouts deliver both enduring beauty and a practical sense of home. Outlooks are spectacular.

<figure><a href="/buildings/the-retreat-celeste-9-13-carter-street-lidcombe"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the-retreat-11-carter-street-lidcombe-9fdeecae7f73ce198501e25b9bf588a9.jpg?itok=p1tyLnlJ" style="width: 580px; height: 242px;"></a></figure>The Retreat is Sydney’s most iconic resort-style master planned community centrally located in the corridor between Sydney CBD and Parramatta CBD, one of Australia’s fastest growing cities. A sculptural and significant green landmark next door to the rapidly evolving lifestyle hub of Sydney Olympic Park, a vibrant destination for cultural, entertainment, recreation and sporting events.

Meriton’s vision was to create two seamless, curved towers, rising 22 levels, which capture the spectacular panoramas.

<figure><a href="/buildings/the-retreat-celeste-9-13-carter-street-lidcombe"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the-retreat-11-carter-street-lidcombe-a232dbc7dd698a6aaaca781989d0a631_0.jpg?itok=coOdErNF" style="width: 580px; height: 242px;"></a></figure>Neutral palettes and textures bring a timeless warmth to the bedrooms, drawing inspiration from the elements of nature. Conceived as a peaceful sanctuary, generous walk-in or built-in robes and plush carpeted floors ensure your comfort is paramount.

From your luxury residence, stroll to your Sydney Olympic Park neighbourhood, one of the liveliest and fastest growing precincts in the city. This is Sydney’s premier destination for major national and international events and entertainment. Visitors flock here from all over the world to enjoy live events at its numerous world-class stadiums and showgrounds. 

<figure><a href="/buildings/the-retreat-celeste-9-13-carter-street-lidcombe"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the-retreat-11-carter-street-lidcombe-211482958c6def9cdade2c14970effaf.jpg?itok=CjV3FUwQ" style="width: 580px; height: 242px;"></a></figure>Start the day with a jog through Sydney Olympic Parklands or cycle the picturesque trails that run for kilometres around your home. The globally renowned precinct’s multiple leisure facilities such as its first-rate aquatic centre, tennis centre and adventure parks, offer something for all the family.

<figure><a href="/buildings/the-retreat-celeste-9-13-carter-street-lidcombe"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the-retreat-11-carter-street-lidcombe-9aa0fbc92ed614cfcdd70d6c6320250e.jpg?itok=ZUqkbDQN" style="width: 580px; height: 242px;"></a></figure>
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urban.com.au

Renowned for their attention to detail, Meriton delivers excellence in new apartment development

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The year's first large-scale permitted site to be offered for sale will see Dexus Property Group exit as the long-term holder of 32 Flinders Street.

Dexus has over recent years headed a planning push to have the site find a different purpose, eventually gaining approval for two residential buildings onsite that could yield hundreds of new apartments overlooking Birrarung Marr and surrounds. The prospective buyer will not only have the right to develop the property, but could also maintain the existing commercial asset. 

Agent CBRE City Sales have the task of moving on the property which currently holds 546 car spaces and generates a net income in excess of $2 million annually.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image114_0_0.jpg" rel="gallery-all" title="A different perspective at a different height. Image: SJB Architects"><img alt="" class="image-article-full-width-580px" height="384" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image114_0_0.jpg?itok=3HUlERdS" title="A different perspective at a different height. Image: SJB Architects" width="580"></a>

<figcaption>A different perspective at a different height. Image: SJB Architects</figcaption></figure>The site is listed as holding approval for 47 levels to Flinders Street and a more modest 14 levels building to Flinders Lane. This is down from the original version that has sought a 212 metre outcome including 625 dwellings. The height of the SJB Architects-designed tower has fallen to 175 metres AHD so as not to cast a shadow within 15 metres of the north bank of the Yarra.

The development did gain support form planning officers at 191 metres AHD, and Dexus subsequently lodged an appeal with VCAT over the eventual height. With that effort failing, Dexus's apartment yield for the development would have likely fallen in excess of 20 percent since the project's initial visit to planning.

Alongside the apartment towers, the scheme also involves an extensive ground floor reconfiguration, enhancing pedestrian network connections and at one stage had intended to gift the private portion of Spark Lane to Melbourne City Council.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image2dex.jpg" rel="gallery-all" title="A new and improved Flinders Street frontage may eventuate. Image: Dexus"><img alt="" class="image-article-full-width-580px" height="368" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image2dex.jpg?itok=ww9zgK6H" title="A new and improved Flinders Street frontage may eventuate. Image: Dexus" width="580"></a>

<figcaption>A new and improved Flinders Street frontage may eventuate. Image: Dexus</figcaption></figure>Currently, the car park adds little to the Flinders Street urban realm. The prospect if it making way for a new and activated building along with the expansion of the adjoining Lindrum Hotel does raise the likelihood of the rejuvenation of the urban realm in this portion of the CBD.

Under the development application expectations, a rebirthed 32 Flinders Street would:

<ul>
<li>Providing a new pedestrian connection from Flinders Lane to Sargood Lane</li>
	<li>Providing new retail activation &amp; interfaces</li>
	<li>Consolidating vehicular access at Flinders Street, away from the laneways</li>
	<li>Allowing Spark Lane to be optimised by removing the existing 5 level car parking link bridge above</li>
	<li>Providing a new lobby address to Spark Lane by gifting MCC with private land</li>
	<li>Allowing for greater passive surveillance throughout the area</li>
</ul>
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silvermb

Dexus opts out of Flinders Street and opens the door to a new urban realm

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

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One of Melbourne's larger infill developments is progressing somewhat under the radar in Williamstown.

Mere kilometres from the CBD, Waterline Place within the bayside suburb is gathering momentum as developer AV Jennings pushes through with the delivery of near on 600 townhouses and apartments in total. Holding a nominal value of $450 million, Waterline Place marked the traditionally greenfield developer's push into Melbourne's apartment market.

Having acquired the sprawling site which was formerly the Port Phillip Woollen Mill and historic Oriental Hotel. AV Jennings now has Waterline Place in full development mode.

First residents were onsite last month within Rosny. The SJB Architects-designed apartment building of some 71 apartments was completed by builder LU Simon at the turn of July, with an adjoining townhouse aspect all bar complete.

According to AV Jennings' recent ASX release, Rosny achieved total presales for the 71 apartments of $42 million, with "the mix of predominantly 1 bedroom plus study and 2 bedroom apartments sold for between $355,000 and $1,200,000."

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image21_14.jpg" rel="gallery-all" title="Rosny apartments at the point of completion"><img alt="" class="image-article-full-width-580px" height="247" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image21_14.jpg?itok=biAWZ_sf" title="Rosny apartments at the point of completion" width="580"></a>

<figcaption>Rosny apartments at the point of completion</figcaption></figure>With Rosny complete, AV Jennings will shift focus to <a href="/buildings/gem-25-windsor-terrace-williamstown">Gem apartments</a> at Waterline Place and further townhouses fronting Kanowna Street.

Gem shapes the precinct's largest development to date, incorporating 92 new apartments and penthouses. The work of design practice Elenberg Fraser, Gem spans 10 levels and includes 28 single, 36 dual and 28 three-bedroom apartments, with the largest spanning 132sqm.

The building garnered its name from the Gem paddle steamer that ferried people from Williamstown to Port Melbourne during the mid to late 1800's. 

In terms of construction, contractor Buildcorp Commercial has carried out early works for Gem.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image22_8.jpg" rel="gallery-all" title="Gem is the latest building at sales. Image: AV Jennings"><img alt="" class="image-article-full-width-580px" height="298" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image22_8.jpg?itok=OpGkpR9K" title="Gem is the latest building at sales. Image: AV Jennings" width="580"></a>

<figcaption>Gem is the latest building at sales. Image: AV Jennings</figcaption></figure>In line with their work upon Waterline Place's masterplan vision, Elenberg Fraser is also responsible for Lot 8 which shapes as the next apartment building in waiting within the precinct. 

Incorporated are 62 apartments within the building which carries a NSA of 5,081sqm. In the project's current configuration, apartments are split between 8 single, 41 dual and 13 triple bedroom apartments, and are supplemented by 83 car parking spaces and 62 bicycle spaces.

From a design perspective, Elenberg Fraser has referenced nautical shapes and strong horizontality above the podium to create an undulating outcome.

A communal rooftop terrace is included in order to take full advantage of the unimpeded views directly east over Port Phillip Bay.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image20_10.jpg" rel="gallery-all" title="Lot 8 is currently at planning. Planning image: Elenberg Fraser "><img alt="" class="image-article-full-width-580px" height="301" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image20_10.jpg?itok=LEmQUnet" title="Lot 8 is currently at planning. Planning image: Elenberg Fraser " width="580"></a>

<figcaption>Lot 8 is currently at planning. Planning image: Elenberg Fraser</figcaption></figure>Beyond Lot 8 above, 15 townhouses are also in the pipeline for Lot 4 which fronts Nelson Place. Adjoining the Titanic theatre at 1 Nelson Place, the townhouses span three levels and provide a lower interface to the immediate surrounds.

Furthermore, Hobsons Bay City Council has lots 5,6 and 7 at 3-39 Nelson Place as still at planning. Combined theses future buildings are slated for a further 200 dwellings.
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Williamstown's Waterline Place moves into full development mode

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The long-running bid to redevelop Abbotsford's historic St Crispin House has found a resolution, with Pace Development Group granted the right to deliver 133 apartments over 12 levels.

In conjunction with SJB Architects, Pace Development Group have refined the design for the development to a point where it was considered an acceptable outcome. Well before Pace assumed control of the site during 2015, St Crispin House was subject to development overtones, with an earlier application seeking a 17 storey high-rise outcome.

The newly approved envelope will see a mid-rise apartment building rising from behind the Art Deco-styled facade which will be restored. The site's history dates back to the early 1920's when it was utilised as a boot making factory.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image45_6.jpg" rel="gallery-all" title="Pace of Abbotsford. Image: PACE Development Group"><img alt="" class="image-article-full-width-580px" height="673" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image45_6.jpg?itok=dWf-cdSp" title="Pace of Abbotsford. Image: PACE Development Group" width="580"></a>

<figcaption>Pace of Abbotsford. Image: Pace Development Group</figcaption></figure>Pace of Abbotsford, as it will be known, is expected to begin construction later this year; sales of the one, two and three bedroom apartments are expected to begin during October, with construction earmarked for November. Completion is expected during mid-2019.

Within the associated media release, Pace's Planning and Design Manager Michael Holah made note of Johnston's Street gradual transformation, as an increased number of higher density projects take their place within Abbotsford.

Apartments.com.au's Project Database shows Pace of Abbotsford is joined by five additional projects along the Abbotsford stretch of Johnston Street which have yet to become reality. Combined there is scope to add approximately 250 apartments and 40 serviced apartments to the area which has traditionally been low-rise.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/img_6973.jpg" rel="gallery-all" title="Pace of Collingwood under construction"><img alt="" class="image-article-full-width-580px" height="414" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_6973.jpg?itok=8Gr5rcGk" title="Pace of Collingwood under construction" width="580"></a>

<figcaption>Pace of Collingwood under construction</figcaption></figure>Pace of Abbotsford is also another notch in the developer's push into City of Yarra; three of Pace's seven current projects within the municipality.

Nearly, Pace of Collingwood has commenced construction proper, with Pace's in-house construction team set to oversee proceedings. 79 apartments are to be delivered within the predominantly brick snap finished building, which accounts for a 1139sqm corner site on Welington Street and Langridge Street.

Diagonally opposite, Pace is also pursuing a development albeit with a commercial outcome. Last week Apartments.com.au highlighted the <a href="/news/spowers-adds-to-the-collingwood-development-blitz">slim-form, Spowers-designed commercial building</a> which if approved will mark Pace Development Group's first foray into purely commercial development.
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Pace of Abbotsford gains approval and eyes a 2017 construction start

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Buyers unsurprisingly are still showing a keen interest in <a href="/developments/collingwood-vic-3066">Collingwood's apartment market</a>, as demonstrated by Pace of Collingwood's strong sales.

Pace Development Group's latest project notched the enviable figure of accounting for 50% of the building's apartments during its first week at sales. This in turn has prompted Pace to commence construction on the project immediately, with an eye toward completion during the last quarter of 2017.

At 75 Wellington Street, Pace of Collingwood will include 77 apartments within the SJB Architects-designed 9 level edifice. As a developer/builder Pace will oversee construction of the project, which joins 808 Sydney Road and Pace of Northcote as fellow current builds under the Pace banner.

<blockquote>
It’s very rare to see construction of a property development of this scale commence so soon after the launch. It’s one of the great benefits of having an in-house construction team and means we can confidently assure our purchasers on delivery timeframes.
<cite>Daryl Wilkinson: Pace Sales Manager</cite>
</blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/pace_coll.jpg" rel="gallery-all" title="Pace of Collingwood's rooftop terrace"><img alt="" class="image-article-full-width-580px" height="286" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/pace_coll.jpg?itok=QT2e9yFS" title="Pace of Collingwood's rooftop terrace" width="580"></a>

<figcaption>Pace of Collingwood's rooftop terrace</figcaption></figure>The strong sales result for Pace of Collingwood bodes well for the suburb's newly released Holme Apartments and the forthcoming release of <a href="/buildings/88-cambridge-88-cambridge-street-collingwood">88 Cambridge</a>.

With a number of projects freshly completed and no sign of buyer intent waning plus a relative dearth of projects at sales, prospective Collingwood apartment purchasers will be limited in what they can secure.

As a point of reference, Apartments.com.au has in the past highlighted the surge in apartment sales and subsequent construction boom that has blanketed many parts of Collingwood. Since late 2014, well in excess of 1,000 apartments have been completed in the area.

As these projects have been completed, others have filled the void, but in doing so have fallen well short of the volume of apartments being offered relative to recent years.

So much so the fresh release of Holme Apartments for sale is the only new release that buyers can peruse in Collingwood. The imminent release of 88 Cambridge will add to available buyer stock, as the Centreland Property-backed project looks to add 93 apartments to the suburb.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image68_7.jpg" rel="gallery-all" title="88 Cambridge is due to launch"><img alt="" class="image-article-full-width-580px" height="345" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image68_7.jpg?itok=JynLrRvb" title="88 Cambridge is due to launch" width="580"></a>

<figcaption>88 Cambridge is due to launch</figcaption></figure>
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