<p>Brisbane-based <a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co Developments</a> has officially launched its $250million COMO apartment development in Varsity Lakes, while simultaneously commencing construction.&nbsp;</p>

<p>Building work is now underway at COMO following the appointment of <a href="https://www.apartments.com.au/builders/5point-projects">5Point Projects</a> as contractor to deliver the boutique development which will rise on a 2857 sqm site overlooking Lake Orr at 22 Lake Street.</p>

<p>When completed, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO</a> will comprise 156 apartments across 16 levels located in the heart of Varsity Lakes.</p>

<p>[smartcode_project:default project_id=135546 project_image_fid=363515]</p>

<p>The project, which will sit alongside Bond University, will deliver a diverse array of apartment designs comprising one-, two- and three-bedroom residences that have already attracted interest from local and interstate investors as well as an array of owner occupiers looking to gain a foothold in the precinct.</p>

<p>Red &amp; Co, which has largely focused on the Brisbane market in recent years where it has delivered more than 500 apartments and townhouses across 26 projects, has designed COMO to combine tranquil, lakeside living with the vibrant urban convenience of the vibrant Varsity Lakes village.</p>

<p>“We’re thrilled to announce a start to construction of COMO in conjunction with the official launch of the project, our first for the Gold Coast,” said Red &amp; Co Director and Co-Founder David Laverty.</p>

<p>[smartcode_project:default project_id=135546 project_image_fid=363509]</p>

<p>“COMO is superbly positioned to capture the essence of the Varsity Lakes village lifestyle and its thriving café and dining precinct, while delivering a much-needed diverse supply of premium residences for the local market.</p>

<p>“Pre-launch inquiries have been strong among both local and interstate investors and owner-occupiers, including downsizers and upgraders who appreciate the value proposition that COMO represents.”</p>

<p>Prices at COMO start from $1,000,050.</p>

<p>[smartcode_project:default project_id=135546 project_image_fid=363511]</p>

<p>Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, the COMO development incorporates an extensive range of amenities for residents including a 25-metre rooftop lap pool, sundeck, barbecue and dining areas, as well as multiple rooftop pickleball and paddleball courts, a wellness and activity centre, gym, sauna, plunge baths and landscaped gardens.</p>

<p>“COMO presents a rare opportunity to secure a stylish, lifestyle-focused home in one of the Gold Coast’s most sought-after neighbourhoods,” added Laverty.</p>

<p>“The rooftop will be the epicentre of fun for residents with an array of amenities for residents that are quite unique for a boutique project such as this, all while offering spectacular vistas across the Gold Coast as far north as Southport and south to Burleigh.”</p>

<p>[smartcode_project:default project_id=135546 project_image_fid=363514]</p>

<p>&nbsp;</p>

<p>Red &amp; Co has chosen the Varsity Lakes site for its proximity to top-tier schools, major shopping hubs, such as Robina Town Centre and its CBD offering, as well as key Gold Coast transport links, including Varsity Lakes Train Station.</p>

<p>COMO will be located just a short walk to shops, cafes and restaurants in Varsity Lakes and just a 10-minute drive to the Burleigh Heads beachfront.</p>

<p>With construction currently underway, Red &amp; Co anticipates COMO will be completed in 2028.</p>

<p>[smartcode_project_cta:default project_id=135546]</p>


Joel Robinson

Red & Co to launch debut Gold Coast development Como Varsity Lakes as construction commences

<p>Longstanding Gold Coast developer Raptis has acquired a prime development site on Surf Parade for its next Broadbeach apartment project.</p>

<p>Progressing towards completion of <a href="https://www.apartments.com.au/new-apartments/the-sterling-broadbeach-6-8-george-avenue-broadbeach-qld-4218">The Sterling Broadbeach</a>, 90 apartments on nearby George Avenue, <a href="https://www.apartments.com.au/developers/raptis">Raptis</a>, led by second-generation family man Evan Raptis, has picked up a block on the corner of Surf Parade and First Avenue.</p>

<p>The site had been earmarked for a luxury apartment project with 33 full-floor apartments across a 37-storey tower. Raptis will go back to the drawing board and create a building more appropriate for the site. The development application will be lodged later this month.</p>

<p>Evan Raptis told Apartments.com.au the site ticks all the boxes.</p>

<p>"Broadbeach is a suburb we've developed several buildings over the years. Surf Parade ticks all the boxes for the type of apartment development we want to deliver."</p>

<p>Raptis had several pre-lodgement meetings with council to ensure they are aligned in the development.</p>

<p><img alt="Raptis" data-entity-type="file" data-entity-uuid="f0d58573-07a4-47a8-9f5e-fbf35fb03dc3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-03-05%20at%204.58.23%E2%80%AFPM.png?VersionId=iczZEd_4_o4UL0PHMPJGfy_q3tv96J5i" /></p>

<p>Surf Parade has emerged in recent years as one of the most popular streets in Broadbeach for development.</p>

<p>South East Queensland developer Mosaic Property Group kicked it off with Marella by Mosaic. Bassar Group sold out Infinity on the street, while for its&nbsp;first Gold Coast development, Polycell grabbed a Surf Parade site for <a href="https://www.apartments.com.au/new-apartments/the-rochester-broadbeach-143-surf-parade-broadbeach-qld-4218">The Rochester</a>, which is nearly sold out.</p>

<p>Melbourne-based developer Hirsch &amp; Faigen recently launched its fourth Gold Coast project on the exclusive strip. The Eveleigh Broadbeach will have 100 apartments across a 31-storey building designed by Rothelowman.</p>

<p>GV Property Group site development specialists Antonio Mercuri and Luke Reaby, who both amalgamate sites and sell shovel-ready sites to developers up and down the Gold Coast, sold Surf Parade to Raptis.</p>


Raptis secures prime Surf Parade site for next Broadbeach apartment development

<p>Less than two years after breaking ground, Gardner Vaughan Group is celebrating the topping out of Bask, its second development in the exclusive coastal enclave of Bokarina on Queensland’s Sunshine Coast.&nbsp;</p>

<p>Located only minutes from the beachfront, the two seven-storey luxury apartment towers, known individually as Mydas and Caretta, offer a selection of one-to-four-bedroom residences with views of Lake Kawana, the Glasshouse Mountains, and Bokarina Beach.&nbsp;</p>

<p>[smartcode_project:default project_id=141609 project_image_fid=333359]</p>

<p>Gardner Vaughan Group Commercial Director Sam Gardner said the milestone marks the home stretch for construction, with first residents expected to be able to move in from Spring 2026.&nbsp;</p>

<p>“This is a significant milestone in bringing this development to life and represents our confidence in this region’s long-term growth and appeal,” Gardner said.&nbsp;</p>

<p>“With 85 per cent of apartments already sold, buyers are joining an established, coastal village that offers the very best of the Sunshine Coast – seasonally patrolled surf beaches, renowned restaurants, and links to established health and retail.&nbsp;</p>

<p>“The final collection of three- and four- bedroom apartments range in size from 127sqm to 300sqm, each with two or three secure car parks and storage, and with construction fast approaching completion we don’t expect the last few apartments to remain on the market for long.”&nbsp;</p>

<p>[smartcode_project:default project_id=141609 project_image_fid=333362]</p>

<p>Local restaurateur Luke Stringer, who co-owns and manages the award-winning Bocca Italian and Playa Mexican restaurants in Bokarina, has lived in the beachside suburb for 18 months and worked there for more than three years, and said the beachside suburb was thriving.&nbsp;</p>

<p>“It’s fair to say Bokarina is finally stepping into the sun and there’s a lot to love about the place,"&nbsp;Stringer said.</p>

<p>"It’s such a great community, where you see the same smiling faces every morning and everything’s within easy reach – it’s the perfect hub in the middle of the Sunshine Coast.</p>

<p>“When we first opened Bocca Italian, we were the lone restaurant, but it’s been amazing to see how the area has grown. The more venues that open, the busier it gets for everyone. When Playa Mexican opened its first Saturday night, Bocca had a record night and Playa was packed too, which blew us away how everyone is thriving.&nbsp;</p>

<p>“There’s a great energy around the place now, and people are really embracing Bokarina as a food and lifestyle destination.”&nbsp;</p>

<p>[smartcode_project:default project_id=141609 project_image_fid=363368]</p>

<p>Stringer joined other buyers at Bask Bokarina and the Gardner Vaughan Group team to celebrate the topping out at a special event in February.&nbsp;</p>

<p>Located in Kawana Waters, midway between Caloundra and Maroochydore, Bokarina locals enjoy scenic walking paths around Lake Kawana, playgrounds, beachfront boardwalk and parklands, alongside all the convenience of a masterplanned beachside community.&nbsp;</p>

<p>“You see people jogging or swimming in the morning, then grabbing coffee at the cafes, people are really embracing the area and all this growth is bringing more people to Bokarina,” Stringer added.&nbsp;</p>

<p>To take advantage of the vistas, each of the 135 apartments at Bask is designed with full size windows and high ceilings that provide an abundance of natural light.&nbsp;</p>

<p>Prices for the remaining three-bedroom apartments start at $1,599,000 and four-bedroom apartments start at $3,149,000.&nbsp;</p>

<p>[smartcode_project:default project_id=141609 project_image_fid=363369]</p>

<p>The mixed-use development also features ground-level retail space for cafés, dining options and boutiques, including the soon-to-be-opened ‘Corner Shop’, by the team behind Noosa’s well known ‘Organika’.</p>

<p>Sam Gardner said Gardner Vaughan Group’s 37-year history building and developing across South East Queensland has contributed to the success of its second development in Bokarina, which follows the recently completed Zinc Apartments.&nbsp;</p>

<p>“We care how people live and this is reflected in the way we approach the design and delivery of every development,” he said. “Furthermore, as a builder-developer we have full control over the construction program and our 100 per cent completion rate is something people can draw confidence from.”&nbsp;</p>

<p>Founded by civil engineers Guy Gardner and Darryl Vaughan in 1989, the family-owned business has evolved from a consultancy firm to an award-winning builder-developer, with projects across the Sunshine Coast, Moreton Bay, Brisbane and the Gold Coast.</p>

<p>[smartcode_project_cta:default project_id=141609]</p>


Gardner Vaughan Group tops out Bask Bokarina apartments

<p>Prolific Melbourne developer <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> has launched its fourth new Gold Coast development in as many years.</p>

<p><a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a>, led by Daniel Faigen and backed by Eddie Hirsch, co-founder of United Petroleum, has unveiled The Eveleigh, on a prime 1,100 sqm site at 7-9 Surf Parade in the heart of Broadbeach.</p>

<p><a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a> will deliver 100 apartments across 31 levels, making it the company’s largest Gold Coast project to date. It builds on the success of its three earlier developments, <a href="https://www.apartments.com.au/buildings/hemingway-1267-1273-gold-coast-highway-palm-beach">The Hemingway in Palm Beach</a> and <a href="https://www.apartments.com.au/buildings/emerson-kirra-100-musgrave-street-coolangatta">The Emerson at Kirra</a>, both completed, and <a href="https://www.apartments.com.au/new-apartments/yves-mermaid-beach-7-9-mermaid-avenue-mermaid-beach">Yves Mermaid Beach</a>, which is nearing completion.</p>

<p>[smartcode_project:default project_id=149670 project_image_fid=360966]</p>

<p>The announcement of The Eveleigh affirms the company’s sustained confidence in the Gold Coast market which continues to remain undersupplied. It also increases the value of Hirsch &amp; Fa​igen’s Gold Coast development portfolio to more than $700 million since the company first entered the market in 2021 with Hemingway.</p>

<p>The company has enlisted its preferred architecture firm Rothelowman to design The Eveleigh, which will offer a thoughtfully curated lifestyle, including a substantial wellness precinct, communal recreation areas, children’s play spaces, work-from-home facilities, and shared lounge and dining areas.</p>

<p>[smartcode_project:default project_id=149670 project_image_fid=360965]</p>

<p>Designed for the prime market demographic of downsizers and interstate lifestyle investors in mind, The Eveleigh has been crafted to offer an increasingly rare blend of affordable luxury in a tightly held market. Uniquely positioned in the heart of the Gold Coast’s most sought-after lifestyle suburb of Broadbeach, the project will also boast uninterrupted beach and hinterland views.</p>

<p>The Surf Parade site is just a short walk to the bustling Broadbeach dining and retail precinct, Pacific Fair, The Star Gold Coast and convention centre, and an easy stroll to Kurrawa Beach and the recreational amenity of Pratten Park on the Broadbeach foreshore.</p>

<p>[smartcode_project:default project_id=149670 project_image_fid=360975]</p>

<p>“We’re excited to be proceeding with our fourth project on the Gold Coast in what is certain to become the new luxury precinct in Broadbeach,” says Anthony Bueti, the CFO of Hirsch &amp;a​mp; Faigen and a shareholder of the group.</p>

<p>“With the likes of Mosa​ic and Abedian &amp;a​mp; Co also launching quality projects in the area, the transformation will cement Broadbeach as the premier lifestyle and amenity suburb on the Gold Coast.</p>

<p>"After four years in the Gold Coast market, and with three successful projects completed, The Eveleigh is the product of everything we have learned to love about the Gold Coast and it will be an incredible addition to our growing portfolio in one of the most vibrant property markets in the country. We continue to remain very confident in the high-end Gold Coast property market.”</p>

<p>Urban Activation Director Matt George is handling sales for The Eveleigh, having sold out The Emerson, The Hemingway, and Yves, all before construction was completed.</p>

<p>Melbourne builder MAXCON has already commenced construction on The Eveleigh. They are forecasting a mid-2028 completion.</p>

<p>[smartcode_project_cta:default project_id=149670]</p>


Hirsch & Faigen unveils The Eveleigh in Broadbeach

<p data-end="303" data-start="0">Two years after securing development approval for the final stage of its award-winning Thornton Precinct on the doorstep of Penrith Station, Urban Property Group is set to launch <a href="https://www.apartments.com.au/new-apartments/mayfair-on-penrith-172-lord-sheffield-circuit-penrith-nsw-2750">Mayfair on Penrith</a>, around 400 apartments designed to reflect two of Sydney’s most iconic structures.</p>

<p data-end="556" data-start="305">The builder-developer has continued refining the design plans for the two-building development on a significant 8,280 sqm site on Sheffield Circuit, recognising the importance of the prime parcel as one of the closest developable sites to the station.</p>

<p data-end="926" data-start="558">UPG enlisted architecture firm SJB to design the project. The team said they drew inspiration from both the General Post Office in Martin Place and East Circular Quay to help shape the design. The two-level colonnade, in particular, reflects the famous GPO building, which dates back to the 1860s.</p>

<p data-end="998" data-start="928">[smartcode_project:default project_id=136726 project_image_fid=362014]</p>

<p data-end="1361" data-start="1000">There will be one-, two-, and three-bedroom apartments on offer, with interiors by Cox Architecture. Residences will sit above a retail podium featuring hospitality and lifestyle operators such as One Playground and Volcano’s Steakhouse, contributing to an activated ground plane within the broader Thornton precinct.</p>

<p data-end="1787" data-start="1363">A communal rooftop with a pool and views towards the Blue Mountains will provide shared open space for residents. The development is positioned between Ron Mulock Oval and Westfield Penrith, with the Nepean River and Great River Walk also nearby, placing daily amenity and green space within walking distance.</p>

<p data-end="1859" data-start="1789">&nbsp;</p>

<p data-end="1859" data-start="1789">[smartcode_project:default project_id=136726 project_image_fid=362015]</p>

<p data-end="2229" data-start="1861">Mayfair is being delivered by Urban Property Group, a family-owned developer and builder with nearly 40 years’ experience across Sydney. The project will be the first in Penrith to be offered with Resilience Insurance’s 10-year Latent Defects Insurance (LDI) policy, which Urban Property Group has adopted across a number of its recent developments. The developer also has a 4.5-star iCIRT rating, one of the best ratings in market providing further confidence to buyers.</p>

<p data-end="2389" data-start="2231">Urban Property Group CEO Patrick Elias said providing additional assurance to off-the-plan buyers has become increasingly important.</p>

<p data-end="2510" data-start="2391">“Anything we can do to give confidence in our product is a plus,” Elias told Apartments.com.au.</p>

<p data-end="2750" data-start="2512">“Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. They’re making their single large investment, which is their home, and providing confidence is something that we feel is paramount.”</p>

<p data-end="2822" data-start="2752">[smartcode_project:default project_id=136726 project_image_fid=362020]</p>

<p data-end="3016" data-start="2824">The LDI policy provides a 10-year warranty covering structural defects, with independent inspections carried out during construction and protection for owners if defects arise post-completion.</p>

<p data-end="3178" data-start="3018">Mayfair represents Urban Property Group’s sixth and final development within Thornton, consolidating the masterplanned precinct immediately east of the station.</p>

<p data-end="3333" data-start="3180">The developer, which builds its own projects, has already commenced construction. SRM Residential is handling the sales campaign.</p>

<p data-end="3384" data-is-last-node="" data-is-only-node="" data-start="3335">[smartcode_project_cta:default project_id=136726]</p>


Urban Property Group to close the curtain on award-winning Thornton precinct with Mayfair on Penrith release

Suburbs

<html><body>
<p class="legacy"><span style="color: #333333; font-family: Tahoma, Helvetica, Arial, sans-serif; font-size: 12.15999984741211px;"><strong>EXPERT OBSERVATION</strong> </span></p>
<p class="legacy"><span style="color: #333333; font-family: Tahoma, Helvetica, Arial, sans-serif; font-size: 12.15999984741211px;">International students made up more than 30 per cent of the population in some Australian suburbs before borders closed to prevent the spread of COVID-19.</span></p>
<p>The Mitchell Institute mapped where international students lived using data from the ABS census and Department of Home Affairs.</p>
<p>The results show striking growth in capital cities, and in some regional areas.</p>
<p>The mapping highlights how international students have become intertwined in Australia’s social fabric. Not only do they contribute A$38 billion to the economy annually and support 130,000 jobs (at any one time), they are also important members of local communities.</p>
<p>The Mitchell Institute research helps illustrate how, beyond universities’ suffering at the loss of international students, local businesses and communities are also being negatively affected.</p>
<p>City areas and suburbs close to university campuses have the most international students.</p>
<p>The centre of Melbourne had the largest number of international students in the country – at almost 20,000, or 38 per cent of the resident population. The neighbouring suburb of Carlton has the next largest with 9,600 or 39 per cent of the population.</p>
<p>The Canberra suburb of Acton, where ANU is located, had one of the highest proportions of international students in the country – at about 44 per cent.</p>
<p><img src="https://cdn.theconversation.com/static_files/files/1075/Canberra.gif?1592181779" width="100%">International students in Canberra.</p>
<p>Many international students have chosen to live in suburbs further away from university campuses, too.</p>
<p>We estimate more than 10 per cent of the population in the Sydney suburbs of Hurstville and Strathfield were international students.</p>
<p><img src="https://cdn.theconversation.com/static_files/files/1074/Sydney.gif?1592181643" width="100%"><span style="font-size: 12.16px;">International students in Sydney.</span></p>
<p>International students made up more than 5 per cent of the population in areas such as Dandenong and Laverton in Melbourne, Joondalup in Perth, and Regency Park in Adelaide.</p>
<p>Affordable property and good transport links may make these suburbs attractive options.</p>
<p><img src="https://cdn.theconversation.com/static_files/files/1073/Adelaide.gif?1592181536" width="100%"><span style="font-size: 12.16px;">International students in Adelaide.</span></p>
<p>Regional areas have also benefited from international students, especially those with university campuses. For instance, in Darling Heights and Gatton in regional Queensland, more than 5 per cent of the population were international students.</p>
<h2><span style="font-family: Tahoma, Helvetica, Arial, sans-serif; font-size: 12.16px;">Wherever international students live they will be important parts of communities and economies.</span></h2>
<p>We also examined Universities Australia’s student finance data to identify the type of businesses that benefit most from international education.</p>
<p>We found over 36 per cent of international student spending goes towards retail and entertainment. This is money that will be spent in Australian cafes, markets and other venues.</p>
<p>Another 36 per cent of spending went to property. As 65 per cent of international students rent, much of this income will support Australian property investors.</p>
<p>The benefits international students bring extend beyond the economy. They also volunteer, contribute to Australia’s cultural diversity and enhance our international standing.</p>
<p>This research helps illustrate the many different roles of international students. They are colleagues, friends, neighbours, tenants, customers, classmates and future world-leaders.</p>
<p>Many will also become future Australian citizens. Of 1.6 million international students who started their course between 2001 and 2014, 16 per cent were granted permanent residency and a pathway to citizenship.</p>
<h2><span style="font-family: Tahoma, Helvetica, Arial, sans-serif; font-size: 12.16px;">Department of Home Affairs figures show over 120,000 current student visa holders are outside Australia.</span></h2>
<p>We estimate this translates into about 13,000 fewer people living in inner Melbourne due to travel restrictions. In places like Sydney’s city and inner south, this translates into 7,000 fewer people. In Adelaide’s Central and Hills region we estimate this means 5,000 fewer people.</p>
<p>These losses will grow as travels bans stop new international students replacing those who have finished their studies.</p>
<p>Every six months international students cannot enrol due to travel bans, between 110,000 to 140,000 won’t start their courses.</p>
<p>Problems with the international education sector will also affect Australian students. Domestic students share in the perspectives students from around the world bring into classrooms and the extra resources education institutions can afford because of them.</p>
<p>Early reports suggest more school leavers will choose to study at university because of an impending recession.</p>
<p>But while universities have capacity, there are currently funding caps which effectively limit the number of domestic students who can enrol.</p>
<p>Uncapping domestic university places will help ensure our universities can properly meet the needs of school leavers.</p>
<p>Continuing to support international students will also be vital. International students are particularly vulnerable to the economic impact of the pandemic. As non-citizens they are ineligible to access Australian government supports such as JobKeeper.</p>
<p>Many have had to rely on support packages offered by universities and state governments.</p>
<p>It is important that Australia continues to support international students who are struggling. This will signal to current and future international students that Australia values them and the enormous contribution they make to our country.</p>
<p><em><strong>Peter Hurley </strong>is a Policy Fellow at the Mitchell Institute Victoria University</em></p>
</body></html>

j.ballantyne1990-6AQqhLzZaK

International students were over 30% of some suburbs population pre-Covid: Peter Hurley 

<html><body>
<div class="page" title="Page 1">
<div class="layoutArea">
<div class="column">
<p>A joint initiative of the Property Investment Professionals of Australia (PIPA) and CoreLogic has revealed the best performing locations for average annual capital growth in every city over the past decade.</p>
<p><span>The CoreLogic research found the city location with the highest annual capital growth in the nation over the past decade was Lakemba in the Canterbury region of Sydney, where house prices have increased by 8.4 per cent annually. Its median house value has more than doubled over the period to now be about $881,000.</span></p>
<p><span>The second place-getter was also in Sydney, this time in the Oatlands-Dundas Valley region of Carlingford, where house values grew by an average 8.1 per cent each year over the past decade. Its median house value has soared from $662,000 to $1.41 million over the past decade, according to the data.</span></p>
<p><span>Rounding out the top three, on 7.9 per cent annual average growth over 10 years, was Rockbank-</span><span>Mount Cottrell in Melbourne’s west </span><span>where its median house value has increased to nearly $600,000.</span></p>
<p><span>PIPA chairman Peter Koulizos said the national results showed a mix of affordable and prestige suburbs had performed well over the period.</span></p>
<p><span>However, the research also showed that locations within markets that were deemed subdued continued to record robust house value growth, he said.</span></p>
<p><span>“Even though Adelaide only recorded average annual growth of 1.3 per cent </span><span>over the past decade, its top performing location of Prospect saw prices increase by 3.4 per year </span><span>over the period,” Mr Koulizos said.</span></p>
<p><span>“L</span><span>ikewise, in Darwin, where prices reduced on average 1.9 per cent annually, in Rosebery-Bellamack median house values increased by 3.2 per cent at the same time.</span></p>
<p><span>“</span><span>This is actually quite common, because there are submarkets within markets which operate to the beat of their own drums, usually because of consistently strong demand from buyers keen to live or invest </span><span>in those locations.”</span></p>
</div>
</div>
</div>
<div class="page" title="Page 2">
<div class="layoutArea">
<div class="column">
<p><span>The CoreLogic research also found that Sydney recorded the highest average annual capital growth over the decade at 5.5 per cent, followed by Melbourne on 4.9 per cent and Hobart on 3.4 per cent.</span></p>
</div>
</div>
<table>
<colgroup>
<col>
<col>
<col>
</colgroup>
<tbody>
<tr>
<td>
<div class="layoutArea">
<div class="column">
<p><span>City location</span></p>
</div>
</div>
</td>
<td>
<div class="layoutArea">
<div class="column">
<p><span>State</span></p>
</div>
</div>
</td>
<td>
<div class="layoutArea">
<div class="column">
<p><span>Average annual 10-year growth</span></p>
</div>
</div>
</td>
</tr>
<tr>
<td>
<div class="layoutArea">
<div class="column">
<p><span>Greater Sydney</span></p>
</div>
</div>
</td>
<td>
<div class="layoutArea">
<div class="column">
<p><span>NSW</span></p>
</div>
</div>
</td>
<td>
<div class="layoutArea">
<div class="column">
<p><span>5.5%</span></p>
</div>
</div>
</td>
</tr>
<tr>
<td>
<div class="layoutArea">
<div class="column">
<p><span>Greater Melbourne</span></p>
</div>
</div>
</td>
<td>
<img src="blob:https://www.urban.com.au/0bc4b37d-2c82-49a7-9547-f42d67b0cec7" alt="page2image7120560" width="34.680000" height="0.480010"><div class="layoutArea">
<div class="column">
<p><span>VIC</span></p>
</div>
</div>
</td>
<td>
<div class="layoutArea">
<div class="column">
<p><span>4.9%</span></p>
</div>
</div>
</td>
</tr>
<tr>
<td>
<div class="layoutArea">
<div class="column">
<p><span>Greater Brisbane</span></p>
</div>
</div>
</td>
<td>
<div class="layoutArea">
<div class="column">
<p><span>QLD</span></p>
</div>
</div>
</td>
<td>
<div class="layoutArea">
<div class="column">
<p><span>1.3%</span></p>
</div>
</div>
</td>
</tr>
<tr>
<td>
<div class="layoutArea">
<div class="column">
<p><span>Greater Adelaide</span></p>
</div>
</div>
</td>
<td>
<div class="layoutArea">
<div class="column">
<p><span>SA</span></p>
</div>
</div>
<img src="blob:https://www.urban.com.au/b4ef0a80-cbca-4dce-b872-3d581956a50b" alt="page2image7118320" width="34.680000" height="0.480010">
</td>
<td>
<div class="layoutArea">
<div class="column">
<p><span>1.5%</span></p>
</div>
</div>
</td>
</tr>
<tr>
<td>
<div class="layoutArea">
<div class="column">
<p><span>Greater Perth</span></p>
</div>
</div>
</td>
<td>
<div class="layoutArea">
<div class="column">
<p><span>WA</span></p>
</div>
</div>
</td>
<td>
<div class="layoutArea">
<div class="column">
<p><span>-1.4%</span></p>
</div>
</div>
</td>
</tr>
<tr>
<td>
<div class="layoutArea">
<div class="column">
<p><span>Greater Hobart</span></p>
</div>
</div>
</td>
<td>
<img src="blob:https://www.urban.com.au/02c28a48-d80d-4008-8255-fd93ccc24120" alt="page2image7118544" width="34.680000" height="0.480010"><div class="layoutArea">
<div class="column">
<p><span>TAS</span></p>
</div>
</div>
</td>
<td>
<div class="layoutArea">
<div class="column">
<p><span>3.4%</span></p>
</div>
</div>
</td>
</tr>
<tr>
<td>
<div class="layoutArea">
<div class="column">
<p><span>Greater Darwin</span></p>
</div>
</div>
</td>
<td>
<img src="blob:https://www.urban.com.au/8de548a5-d64c-49b4-91f8-8ae9d20c2c7b" alt="page2image7130080" width="34.680000" height="0.480010"><div class="layoutArea">
<div class="column">
<p><span>NT</span></p>
</div>
</div>
</td>
<td>
<div class="layoutArea">
<div class="column">
<p><span>-1.9%</span></p>
</div>
</div>
</td>
</tr>
<tr>
<td>
<div class="layoutArea">
<div class="column">
<p><span>Australian Capital Territory</span></p>
</div>
</div>
</td>
<td>
<img src="blob:https://www.urban.com.au/6142c85e-8244-4a52-b03a-a2ed6e76ec25" alt="page2image7127392" width="34.680000" height="0.480010"><div class="layoutArea">
<div class="column">
<p><span>ACT</span></p>
</div>
</div>
</td>
<td>
<div class="layoutArea">
<div class="column">
<p><span>2.8%</span></p>
</div>
</div>
</td>
</tr>
</tbody>
</table>
<div class="layoutArea">
<div class="column">
<p><span>Source: Corelogic.com.au</span></p>
<p><span>“The other capital cities recorded less than stellar average housing value growth </span><span>rates over the past decade,</span><span>” Mr Koulizos said.</span></p>
<p><span>“Annual growth of between 1.3 per cent to 2.8 per cent over the past decade </span><span>is part of the reason why so many investors and property investment experts are eyeing Brisbane, Adelaide and Canberra as potentially having the best capital growth prospects over the next 10-year period.</span><span>”</span></p>
<p><span>Darwin and Perth recorded negative annual growth over the period at -1.9 per cent and -1.4 per cent respectively, according to the research.</span></p>
<p><span>“</span><span>Investing in the housing market is typically a long-term strategy. Short-term movements are less important than the longer-term trends, which typically see housing values moving through a cycle where values will rise, fall and track sideways,</span><span>” </span><span>CoreLogic Head of Research Tim Lawless said.</span></p>
<p><span>“</span><span>The past 10 years has seen areas of Sydney and Melbourne outperform most other markets thanks to strong economic conditions and high rates of migration, which has fuelled housing demand, however, such high rates of capital gain have eroded housing affordability and compressed rental yields.</span><span>”</span></p>
<p><span>Mr Lawless said investors were likely to find that over the next 10 years the best performing markets are quite different.</span></p>
<p><span>“</span><span>Just as they were over the earlier decade where, for example, mining regions and regional coastal markets where some of the strongest performing areas,</span><span>” </span><span>he said.</span></p>
<p><span><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/3/4/CoreLogic.jpg" alt=""><br></span></p>
<p><em>Source: CoreLogic.com.au </em></p>
</div>
</div>
</div>
</body></html>

Best performing suburbs over the past decade: PIPA & CoreLogic

<html><body>
<p>Victoria is set to create 12 new suburbs across greater Melbourne, in a state bid to lower house prices.</p>
<p>State treasurer Tim Pallas will announce today the rezoning of the land over the next few years, according to The Australian Financial Review.</p>
<p>The new suburbs will include Beveridge North West, Wallan South and Wallan East, Merrifield North/Kalkallo Basin, Shenstone Park, Lindum Vale, Craigieburn West, Pakenham East, Officer South Employment precinct, Croskell, Kororoit Part 2 and Aviators Field.</p>
<p>The new suburbs will create around 50,000 new homes.</p>
<p>"The Andrews Labor government is planning for 12 new communities to sustain Melbourne's 15-year land supply, which is critical for keeping house and land packages affordable," Pallas told the AFR.</p>
<p>It is expected to be a challenge for the government to ensure that the newly rezoned housing areas have access to basic services such as public transport.</p>
<p>A study by Infrastructure Australia in October revealed that around 1.4m people residing in Melbourne's outer suburbs do not have immediate access to public transport services.</p>
<p> </p>
<p> </p>
</body></html>

jonathanchancellor-7SQnKwU6yx

Victoria to create 12 new suburbs by rezoning land

<html><body>
<p>GUEST OBSERVATION </p>
<p>Suburban affluence is the defining image of the good life under capitalism, commonly held up as a model to which all humanity should aspire.</p>
<p>More than half of the world’s population now lives in <a href="http://www.un.org/en/development/desa/news/population/world-urbanization-prospects-2014" target="_blank">cities</a>. Yet with the global economy already in gross <a href="https://www.footprintnetwork.org/our-work/ecological-footprint/" target="_blank">ecological overshoot</a>, and a world population heading for more than <a href="https://www.un.org/development/desa/en/news/population/world-population-prospects-2017" target="_blank">11 billion</a>, this way of living is neither <a href="https://www.jasonhickel.org/the-divide/">fair</a> nor sustainable.</p>
<p>To live within our environmental means, the richest nations will need to embrace a planned process of economic “<a href="https://theconversation.com/life-in-a-degrowth-economy-and-why-you-might-actually-enjoy-it-32224" target="_blank">degrowth</a>”. This is not an unplanned recession, but a deliberate downscaling of economic activity and the closely correlated consumption of <a href="https://beyondthisbriefanomaly.org/2018/10/18/carbon-civlisation-and-the-energy-descent-future-life-beyond-this-brief-anomaly/" target="_blank">fossil energy</a>. We don’t argue this is likely, only that it is necessary.</p>
<p>You might naturally assume this will involve pain and sacrifice, but we argue that a “<a href="https://griffithreview.com/wp-content/uploads/GR52_Alexander_Adcock-Ebook.FINAL_.pdf" target="_blank">prosperous descent</a>” is possible. Our new book, <a href="https://www.propertyobserver.com.au/https://www.palgrave.com/us/book/9789811321306" target="_blank">Degrowth in the Suburbs: A Radical Urban Imaginary</a>, envisions how this might unfold in the suburban landscapes that are currently emblematic of overconsumption.</p>
<p>The well-known documentary <a href="https://www.imdb.com/title/tt0446320/" target="_blank">The End of Suburbia</a> presented a coherent narrative of a post-petroleum future, but got at least one thing wrong. There is not a single end to suburbia; there are many ends of suburbia (as we know it).</p>
<p><strong>Reimagining the suburbs beyond fossil fuels</strong></p>
<p>Suburban catastrophists such as James Kunstler argue that fossil fuel depletion will turn our suburbs into urban wastelands. But we see the suburbs as an ideal place to begin retrofitting our cities.</p>
<p>This won’t involve tearing them down and starting again. Typically, Australia’s built environment is turned over at less than 5% per year. The challenge is to reinhabit, not rebuild, the suburban landscape. Here are some of the key features of this reinvigorated landscape:</p>
<ul>
<li>
<p>Suburbanites can and should <a href="https://retrosuburbia.com/" target="_blank">retrofit their homes and develop new energy practices</a> to prepare for an <a href="https://beyondthisbriefanomaly.org/2018/10/18/carbon-civlisation-and-the-energy-descent-future-life-beyond-this-brief-anomaly/" target="_blank">energy descent future</a>.</p>
</li>
<li>
<p>Households must be encouraged to <a href="https://www.propertyobserver.com.au/https://journals.sagepub.com/doi/abs/10.1177/1469540512444019?journalCode=joca" target="_blank">downshift consumerism</a>, swapping superfluous “stuff” for more free time and other sources of meaning and well-being. An <a href="https://www.propertyobserver.com.au/https://www.amazon.com/Sufficiency-Economy-Enough-Everyone-Forever/dp/0994160615">economics of sufficiency</a> involves borrowing and sharing rather than always buying and upscaling.</p>
</li>
<li>
<p>We should reclaim and reimagine areas of the built environment that are misused or underused. The vast areas dedicated to <a href="https://www.theage.com.au/national/victoria/dead-space-in-the-city-the-true-scale-of-vacant-car-parking-revealed-20180626-p4znu3" target="_blank">car parking</a> are but one example.</p>
</li>
<li>
<p>Finally, and most importantly, we should realise that change must come via <a href="https://www.propertyobserver.com.au/https://www.amazon.com/City-Grassroots-Cross-Cultural-California-Development/dp/0520047567" target="_blank">grassroots political organisation</a>, rather than waiting for growth-fixated governments to lead the way. This is not to deny the need for “<a href="/news">top-down</a>” structural change. Our argument is simply that the necessary action from governments will not arrive until there is an active culture of sufficiency that demands it.</p>
</li>
</ul>
<p>What social forces might produce this necessary but elusive urban transformation? We think it can be driven by two broad social groups: the <a href="https://www.propertyobserver.com.au/https://www.amazon.com/Loss-Happiness-Market-Democracies/dp/0300091060" target="_blank">disillusioned middle class</a> and the <a href="https://theconversation.com/the-precariat-is-recruiting-youth-please-apply-10550" target="_blank">exploited working class</a>. These two groups, which already blur together along a spectrum, can potentially become a cohesive urban social movement of transformative economic and political significance.</p>
<p><strong>The disillusioned middle class: radical downshifters</strong></p>
<p>Our first groups consists of employed professionals, bureaucrats, and tradespeople who have secure housing, earn decent wages, and can direct significant portions of their income to discretionary spending. This sector of society participates, consciously or unconsciously, in what is often called “<a href="http://www.oxfordbibliographies.com/view/document/obo-9780199756384/obo-9780199756384-0135.xml" target="_blank">consumer culture</a>”.</p>
<p>This consumerism often <a href="https://mitpress.mit.edu/books/high-price-materialism" target="_blank">fails to fulfil its promise</a> of a rich and meaningful life. The consumer class has been sold a lie, and many affluent consumers are now developing what social scientist Ronald Inglehart calls “<a href="https://ourworldindata.org/materialism-and-post-materialism" target="_blank">post-materialist</a>” goals and values. This emerging way of life involves seeking purpose and satisfaction in life through things other than material riches, including deeper community engagement, more time to pursue private passions, or even increased political action.</p>
<p>This is significant, for three reasons. First, <a href="https://link.springer.com/book/10.1057/978-1-137-30427-8" target="_blank">history</a> shows that social movements tend to be sparked by dissatisfaction with the status quo – otherwise, why would people resist or seek alternatives? The <a href="https://www.allenandunwin.com/browse/books/academic-professional/sociology/Affluenza-Clive-Hamilton-and-Richard-Denniss-9781741146714" target="_blank">deep disillusionment</a> with materialistic lifestyles provides an incentive to explore alternative, more satisfying ways to <a href="https://www.propertyobserver.com.au/https://www.ncbi.nlm.nih.gov/pubmed/28461433" target="_blank">live</a> and <a href="https://www.sciencedirect.com/science/article/pii/S0959652611005142" target="_blank">self-provide</a>.</p>
<p>Second, by withdrawing their spending from the market economy, this emerging <a href="http://www.whpress.co.uk/EV/EV2214" target="_blank">social movement</a> can undermine that economy and fast-track its <a href="http://simplicityinstitute.org/wp-content/uploads/2011/04/CrashOnDemandSimplicityInstitute.pdf" target="_blank">transformation</a>.</p>
<p>Finally, a “radical downshifting” in consumption could allow people to free up their time by working less. This will provide people with more <a href="http://samuelalexander.info/wp-content/uploads/2018/05/EthicalPerspectives.pdf" target="_blank">time to participate</a> in building <a href="https://www.propertyobserver.com.au/https://www.amazon.com/Rise-Creative-Class-Transforming-Community/dp/1469281422" target="_blank">new forms</a> of economy and engaging in collective action for change. The “voluntary simplicity movement” already numbers as many as <a href="https://www.propertyobserver.com.au/https://journals.sagepub.com/doi/abs/10.1177/1469540512444019?journalCode=joca" target="_blank">200 million people</a>, although its potential depends on more organised and radical expressions.</p>
<p><strong>The exploited working class: economic builders</strong></p>
<p>Radical downshifters will never transform the economy on their own, and this is where our second group comes in. Working-class urbanites, while also drifting into superfluous consumption, are typically characterised as individuals and households who are “<a href="https://theconversation.com/the-precariat-is-recruiting-youth-please-apply-10550" target="_blank">battling</a>” to make ends meet.</p>
<p>Again, a growing dissatisfaction with the status quo provides the incentive to seek and participate in <a href="https://theconversation.com/karl-marx-wouldnt-agree-that-worker-power-has-been-killed-by-the-21st-century-95982" target="_blank">fundamental change</a>. We are often told that Australia’s economy has grown uninterrupted for a quarter-century, yet many people feel their personal circumstances have <a href="https://www.theguardian.com/australia-news/2018/mar/02/who-is-to-blame-for-australias-stalled-wages" target="_blank">stagnated</a>.</p>
<p>There has indeed been growth, yet almost all the benefits have been siphoned away by the <a href="https://www.vox.com/policy-and-politics/2017/8/8/16112368/piketty-saez-zucman-income-growth-inequality-stagnation-chart" target="_blank">wealthy</a>. Why would the working class owe any allegiance to a system that only benefits the rich? As the battlers realise they are being oppressed and duped by an <a href="https://www.ecowatch.com/richest-men-in-the-world-2274065153" target="_blank">unjust system</a>, they threaten to become a dynamite class of explosive <a href="https://www.propertyobserver.com.au/https://www.amazon.com.au/Precariat-New-Dangerous-Class/dp/1472536169" target="_blank">potential</a>.</p>
<p>As economic crises threaten to <a href="https://www.propertyobserver.com.au/https://www.amazon.com.au/Can-Avoid-Another-Financial-Crisis/dp/1509513736" target="_blank">intensify</a> in coming years – including the challenge of <a href="https://theconversation.com/au/topics/automation-4443" target="_blank">automation</a> – we maintain that the exploited working class may be driven to explore alternative ways to self-provide. As incomes become more meagre and jobs less secure, more people will need to seek alternative ways of meeting economic needs “beyond the market”.</p>
<p><span class="caption">Whether through necessity or choice, we foresee a growing number of people beginning to participate in informal, non-monetary, and <a href="https://www.localfutures.org/wp-content/uploads/Post-growth-Localisation.pdf" target="_blank">local</a> economies, including the <a href="https://www.sharing.org/information-centre/articles/sharing-economy-short-introduction-its-political-evolution" target="_blank">sharing economy</a>. Just as radical middle-class downshifters will help stifle economic growth by withdrawing their discretionary spending, those who are less affluent could begin to lay alternative economic foundations, and provide a <a href="https://www.amazon.com/Take-Back-Economy-Transforming-Communities/dp/0816676070/ref=sr_1_1?s=books&amp;ie=UTF8&amp;qid=1531972992&amp;sr=1-1&amp;keywords=take+back+the+economy" target="_blank">post-capitalist social safety net</a>.</span></p>
<p><strong>Working together</strong></p>
<p>We contend that these two social groups – the disillusioned middle class and the exploited working class – can conceivably form a cohesive movement with similar goals. The capitalist system isn’t working for many people, even those who are “winning” the rat race. Furthermore, historic growth trajectories seem to be coming to an end, due to both <a href="http://limits2growth.org.uk/wp-content/uploads/2018/07/AETW-Policy-Briefing-No-1-digital.pdf" target="_blank">financial</a> and <a href="/news">ecological</a> constraints.</p>
<p>Already, a diverse range of movements are working towards a new urbanity. These include <a href="https://theconversation.com/lets-reap-the-economic-benefits-of-local-food-over-big-farming-24478" target="_blank">local farmers’ markets</a> and community and home <a href="https://theconversation.com/is-it-time-to-resurrect-the-wartime-grow-your-own-campaign-66337" target="_blank">gardens</a>, <a href="https://3000acres.org/" target="_blank">urban agriculture projects</a>, freecycling groups, <a href="https://www.plutobooks.com/9780745334226/small-is-necessary/" target="_blank">sharing communities</a>, and repair cafes. It also includes the growing pool of climate activists, <a href="https://350.org/" target="_blank">divestment</a> organisers, <a href="https://www.retrosuburbia.com/" target="_blank">permaculture</a> groups, <a href="http://samuelalexander.info/wp-content/uploads/2017/02/The-Transition-Movement-Samuel-Alexander.pdf" target="_blank">transitions towns</a>, and progressive <a href="https://www.booktopia.com.au/green-bans-red-union-meredith-burgmann/prod9781742235400" target="_blank">unions</a>.</p>
<p>There is the small but vocal “<a href="https://www.saveoursuburbs.org.au/" target="_blank">save our suburbs</a>” network, in which we see the seeds of something more progressive. And it includes the <a href="https://www.youtube.com/watch?v=WeNaMlibiak" target="_blank">energy frugal households</a> quietly moving towards solar, batteries and increased energy self-suffiency. One by one, these households are <a href="https://reneweconomy.com.au/rooftop-solar-may-overtake-coal-by-2040-and-save-billions-20657/" target="_blank">undermining</a> the fossil fuel industry and subtly disrupting the status quo.</p>
<p>As financial and ecological crises deepen in coming years, the social consciousness needed to develop new systems of production and cultures of consumption will become compelling. Together these social groups (and others not yet imagined) could form an urban social movement that withdraws support for the existing system and begins building <a href="https://www.amazon.com/Take-Back-Economy-Transforming-Communities/dp/0816676070/ref=sr_1_1?s=books&amp;ie=UTF8&amp;qid=1531972992&amp;sr=1-1&amp;keywords=take+back+the+economy" target="_blank">new economies</a> on our suburban streets.<img src="https://counter.theconversation.com/content/108496/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important; text-shadow: none !important;"></p>
<p><em><a href="https://theconversation.com/profiles/samuel-alexander-102353" target="_blank">Samuel Alexander</a>, Research fellow, Melbourne Sustainable Society Institute, <a href="http://theconversation.com/institutions/university-of-melbourne-722" target="_blank">University of Melbourne</a> and <a href="https://theconversation.com/profiles/brendan-gleeson-9823" target="_blank">Brendan Gleeson</a>, Director, Melbourne Sustainable Society Institute, <a href="http://theconversation.com/institutions/university-of-melbourne-722" target="_blank">University of Melbourne</a></em></p>
<p><em>This article is republished from <a href="http://theconversation.com" target="_blank">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/the-suburbs-are-the-spiritual-home-of-overconsumption-but-they-also-hold-the-key-to-a-better-future-108496" target="_blank">original article</a>.</em></p>
</body></html>

The suburbs hold the key to a better future: Samuel Alexander & Brendan Gleeson

<html><body>
<p>Following on from Apartments.com.au's piece looking at the <a href="/news/urbans-top-5-for-october-most-viewed-architects">Top 5 Most Viewed Architects</a>, today we look at the Top 5 Most Viewed Suburbs. Once again these will be favoured heavily towards Melbourne due to the site's history as Apartments.com.au.</p>

<p>As the database and Apartments.com.au's presence continues to expand into the other Australian cities no doubt these will change. But for now here are the Top 5 and their respective development pipelines;</p>

<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/top_suburbs_oct.png" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="209" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/top_suburbs_oct.png?itok=uHeMnblK" width="580"></a>

<figcaption> </figcaption></figure><h2><a href="/developments/melbourne-vic"><u><strong>1. Melbourne</strong></u></a></h2>

<p>The Victorian capital is experiencing an unprecedented level of population growth as it races towards becoming Australia’s largest city by 2030. This is being reflected in Melbourne’s strong development pipeline and investment in key infrastructure projects at state and local level, to ensure it remains among the world’s most liveable cities.</p>

<p>While the residential development pipeline appears to be winding down, the likes of West Side Place, Queens Place, Premier Tower, and By The Gardens are just beginning. In other words: the flurry of cranes that have been a permanent fixture on the Melbourne skyline for the last decade are set to remain for quite some time.</p>

<p><iframe frameborder="0" height="420px" src="https://www.urban.com.au/developments/melbourne-vic?embeddable=map" width="100%"></iframe></p>

<h2><a href="/developments/southbank-vic-3006"><u><strong>2. Southbank</strong></u></a></h2>

<p>Southbank will continue its transformation over the next five years as it reaches for the sky, but also turns its focus to improving the quality of the public realm.</p>

<p>Significant developments include some of Australia's tallest buildings, with Australia 108 (317m), One Queensbridge Street (323m), and Southbank by Beulah (356m) joining Eureka Tower (297m) to produce a dramatic cluster of buildings.</p>

<p><iframe frameborder="0" height="420px" src="https://www.urban.com.au/developments/southbank-vic?embeddable=map" width="100%"></iframe></p>

<h2><a href="/developments/south-melbourne-vic-3205"><u><strong>3. South Melbourne</strong></u></a></h2>

<p>Having experienced a steady rate of residential development over the last few years, South Melbourne doesn’t appear to be showing any signs of slowing down. A number of apartments are planned for Albert Road, Eastern Road, and Dorcas Street, exploiting views of Albert Park Lake, the Bay, and the Melbourne skyline.</p>

<p>South Melbourne is also experiencing an increase in commercial development around the South Melbourne Market precinct and along Moray Street, reinforcing the suburb’s status as an emerging office precinct of low to mid-rise developments.</p>

<p><iframe frameborder="0" height="420px" src="https://www.urban.com.au/developments/south-melbourne-vic?embeddable=map" width="100%"></iframe></p>

<h2><a href="/developments/footscray-vic-3011"><u><strong>4. Footscray</strong></u></a></h2>

<p>Best remembered in the 90s for Franco Cozzo’s furniture store and iconic ads, Footscray will soon become synonymous with high-rise living as the suburb fulfils its potential as an activity centre and employment cluster, with support from the State Government and Maribyrnong City Council.</p>

<p><iframe frameborder="0" height="420px" src="https://www.urban.com.au/developments/footscray-vic?embeddable=map" width="100%"></iframe></p>

<h2><a href="/developments/west-melbourne-vic-3003"><u><strong>5. West Melbourne</strong></u></a></h2>

<p>Acting as a gateway into the Melbourne CBD, West Melbourne is expected to see considerable development activity, with support from the Council to transform the industrial suburb into a village.</p>

<p>The City of Melbourne has developed a new structure plan for the area including the extension of trams down Spencer Street which would be re-imagined as a ‘high street.’</p>

<p><iframe frameborder="0" height="420px" src="https://www.urban.com.au/developments/west-melbourne-vic?embeddable=map" width="100%"></iframe></p>

<p>Keep an eye out for the Top 5 Most Viewed Local Government Areas tomorrow.</p>
</body></html>

Suburbs

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Suburbs

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News