ASX-listed developer Cedar Woods is progressing its plans for its Southbank arts precinct site.&nbsp;

The developer has filed plans, which are now with the&nbsp;Department of Transport and Planning, for a new 20-level tower at&nbsp;<a href="https://www.apartments.com.au/new-apartments/141-151-sturt-street-southbank-vic-3006">141–151 Sturt Street</a>, a 2,718 sqm block opposite the Habitat Filter sculpture.

The proposal seeks to demolish the two-level&nbsp;commercial building, including a small supermarket and medical tenancies, and create a new building with 180 apartments and a focus on an&nbsp;active public realm and arts integration.

&nbsp;

<img alt="Southbank site" data-entity-type="file" data-entity-uuid="76a72db6-91ef-43ae-827d-a9cfa72893d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Site.png?VersionId=DZgtB4K6BswVh0QtCs3iLjXaLp0CbcEb" />

&nbsp;

There will be a full mix of apartment configurations, including 28 studio apartments, 16 one-bedroom, 104 two-bedroom, and 32 three-bedroom units.

Retail, creative arts, and residential amenity functions are integrated across the lower levels. A food and drink tenancy is planned to front Dodds Street, while a retail tenancy fronting Sturt Street will be accessed via an elevated walkway. The first floor includes a substantial 734 sqm creative arts space, envisioned to support Melbourne’s growing cultural and digital industries.

Architecture firm <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has put together the plans. In their&nbsp;Urban Design Report they highlighted the project’s ambition to embed itself within Southbank’s evolving cultural fabric.

A central feature of the design is a through-block link connecting Sturt and Dodds Streets, landscaped with native plantings and embedded with universal access ramps.

“The ramp has been thoughtfully integrated as the primary access point, ensuring universal accessibility for all users,” the report noted, with the link offering “a direct response to the urban planning scheme of creating more green spaces within our communities”.

<img alt="Southbank podium" data-entity-type="file" data-entity-uuid="4d24b1b2-d69c-4a11-a11d-ec6df432221c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium.png?VersionId=geWoJyZDmPSLODZ_.PNJ0LvpOmyyCdpo" />

The building’s podium form responds to the mandatory height limits along Dodds Street and maintains a fine-grain interface to adjoining developments. Above the podium, the tower is articulated with recessed balconies and a focus on views toward the CBD and surrounding arts institutions. A communal rooftop recreation deck and indoor lounge are positioned on level four, adjoining seven apartments and providing over 900 sqm of resident amenity space.

Vehicle access and loading will be provided via Dodds Street, with 155 resident car spaces located across two basement levels and the first three above-ground floors. Bicycle storage is more generous, with 226 spaces distributed across resident, staff and visitor needs.

Rothelowman describes the architecture as “humanist,” with ground-level interfaces designed to encourage social interaction and provide a dignified entry for both residents and passers-by. “All street interfaces are crafted to invite and nurture human connections,” the design report states. “The façade transitions to a human scale, providing an approachable and engaging streetscape”.

Cedar Woods, while well-known for its large communities it develops outside of Australia's capital cities, they have recently developed in Melbourne's inner-ring before. They are approaching completion at <a href="https://www.apartments.com.au/new-townhouses/88-leveson-north-melbourne-88-leveson-street-north-melbourne-vic-3051">88 Leveson</a>, just 15 townhouses in the heart of North Melbourne.

Joel Robinson

Cedar Woods progresses with new apartment plans in Southbank arts precinct

Brisbane developers Core Property Partners and Vector Property Australia has teamed up for Brisbane's newest apartment development.

The duo identified <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as their preferred suburb, on the fringe of the Gabba Precinct, where they've just revealed BANKSII, 72 apartments opposite Raymond Park.

[smartcode_project:default project_id=136432 project_image_fid=5481]

The one-, two-, and three-bedroom apartments will sit in a glass-wrapped building that will also feature a rooftop with an&nbsp;infinity-edge pool, a BBQ area and alfresco dining spaces, sun lounges, and a sauna, as well as a resident-only gym and a ground-floor cafe.

Rhett Williams, Director of Vector Property Australia, said the project will lift the quality of the East Brisbane community and set a new benchmark.

"In Brisbane’s current property landscape, <a href="https://www.apartments.com.au/new-apartments/banksii-east-brisbane-169-wellington-road-east-brisbane-qld-4169">BANKSII</a> stands out through its emphasis on lifestyle-oriented living, connectivity and sophisticated design," Williams says.

[smartcode_project:default project_id=136432 project_image_fid=5479]

The 10-level building has been designed by MAS Architecture. Their designs were inspired by the native Banksia flower, with the architecture and interiors reflecting the organic symmetry of its namesake flora. MAS has interpreted this throughout the building’s curved form, façade detailing and interior palette.&nbsp;

The building’s flowing geometry and natural tones are complemented by large balconies and floor-to-ceiling glazing, maximising cross-breezes, daylight and views over the city, parklands and river.

“Having a strong narrative for a building helps us architecturally,” MAS noted. "We can choose colours that come off that species of flowers. The trunk and the trees and the flower elements all are now visible in our joinery on the inside and in our architectural finishes on the outside."

[smartcode_project:default project_id=136432 project_image_fid=5485]

Apartments will feature timber floors, soft porcelain tiles, brushed bronze fittings, and stone benchtops with warm veining.&nbsp;

Kitchens feature premium SMEG appliances and generous storage, while bathrooms have been designed as calming retreats with curved cabinetry and twin sinks in the master ensuites.

The building will feature a suite of rooftop and wellness amenities. Residents will have access to an infinity-edge pool, BBQ and alfresco dining areas, sun lounges and a rooftop sauna.&nbsp;

A residents-only gym will be located on the podium level, while a ground-floor café and landscaped laneway will further activate the site and improve neighbourhood connectivity.

[smartcode_project:default project_id=136432 project_image_fid=5488]

BANKSII will rise from a prime Wellington Road site, with the building oriented to overlook the adjacent Raymond Park and take in extensive city views. It is also on the doorstep of key&nbsp;lifestyle infrastructure, including the future Kangaroo Point Green Bridge, The Gabba stadium, and the planned Brisbane Live arena.&nbsp;

Public transport options, including ferry, bus and rail - including the future Cross River Rail Woolloongabba station - are all nearby, supporting a car-optional lifestyle just minutes from the CBD.

Williams said the team spent over a year searching for the ideal site before securing this location.

"We were attracted to <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as it is a vibrant and growing community that offers a perfect balance of urban convenience and natural beauty with the parklands and river on our doorstep.”

The project is part of the broader Woolloongabba Games precinct, which is undergoing significant investment in the lead-up to the 2032 Brisbane Olympics. This urban renewal, coupled with infrastructure upgrades, is expected to enhance long-term liveability and capital growth in the area.

Given the wide max of configurations, BANKSII is expected to suit everyone from first home buyers and investors to families and downsizers.

[smartcode_project_cta:default project_id=136432]

BANKSII sales launch in booming East Brisbane apartment market

The Minns Labor Government will deliver Sydney’s first new heavy rail station in more than a decade – enabling up to 10,000 new homes by rezoning land around Woollahra and Edgecliff stations, right next to the CBD, to tackle the housing crisis and rebalance growth across the city.

Recent reports by the NSW Productivity Commission have warned that Sydney is losing twice as many young people as it is gaining, while also finding that Woollahra is the most feasible Local Government Area (LGA) in New South Wales to build new housing.

Despite this, housing approvals in Woollahra consistently lag well behind other LGAs, and the population has declined by 11 per cent over the past 50 years while Greater Sydney as a whole has grown by 74 per cent.

The new station that will be an eight-minute trip from Sydney CBD, will be located on the Eastern Suburbs train line in Woollahra, where a station build was started in the 1970s but never completed.

To enable the delivery of new homes the NSW Government will lead a rezoning of Woollahra and Edgecliff stations similar to other state led rezonings to allow additional homes to be built around the stations.

Affordable housing will also make up a proportion of development on the site with the final amount of affordable housing required, to be determined as part of the rezoning process.

The area surrounding the new station is within walking distance of major green and recreational space including Cooper, Trumper, Rushcutters Bay and Centennial Parks.

The Eastern Suburbs train line between Bondi Junction and Sydney CBD also has the lowest passenger usage rates during the AM peak of any line on the Sydney network, with only 43 per cent of operating capacity during the AM peak currently being utilised by passengers.

Sydney Water and Infrastructure NSW have confirmed there is capacity in the water and wastewater systems to accommodate the proposed 10,000 dwellings without major upgrades.

The rezoning is expected to take around two years and will further support the Government’s housing targets that rebalance the delivery of new homes around existing infrastructure.

&nbsp;

&nbsp;

Next stop Woollahra train station - delivering up to 10,000 new homes in the heart of Sydney

<section data-element_type="section" data-id="b086848">
Fresh off completing its mixed-use Malvern project Malvern Collective, Kokoda Property Group has acquired a prime site on Richmond's Bridge Road.

They are planning a mid-rise residential development with&nbsp;integrated wellness amenities and a vibrant ground-floor retail and dining offering.

The site, at&nbsp;487–495 Bridge Road, spans&nbsp;1,650 sqm with 50 metres of dual frontage across Bridge Road and Palmer Street. It is currently leased to Adairs, and has a large retail building and 20 onsite car parks.
</section>

<section data-element_type="section" data-id="534a164">
Kokoda Property Group’s acquisition forms part of a broader phase of growth in Melbourne, building on momentum from the completion of Malvern Collective and the recent purchase of a Burnley Street site for the developer’s first commercial project.&nbsp;

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating.

“Melbourne is regaining momentum,"&nbsp;Stevens said.

"After a cautious period post-COVID, we’re seeing buyer sentiment stabilise and capital leaning back into well-located, quality projects. Victoria now benefits from deep builder capacity and competitive delivery pricing, creating a rare opportunity to bring design-led inner-city developments to market without compromising on craftsmanship.

“Richmond ticks all the boxes for us – connectivity, culture and everyday amenity – making Bridge Road the perfect address for an amenity-rich, multi-use development."

<img alt="Kokoda" data-entity-type="file" data-entity-uuid="9a8de51d-8092-480a-8b7e-e081816692c2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-29%20at%208.54.27%E2%80%AFAM.png?VersionId=VRHpV5.6beOu2cieKHWrw3ErMPuVOAuj" />

Envisioned as an “urban lantern” the building will bring a distinctive new presence to Bridge Road with a sculptural retail frontage, designed to honour the street’s heritage character while contributing to its renewal.

Stevens said the acquisition reflects the developer’s commitment to design-led addresses in Melbourne’s inner city.

“Drawing on Richmond’s rich heritage and dynamic character, we’ve envisioned a contemporary building that respects the past while elevating the way people live today. With dual frontages, curated ground-floor spaces, and a focus on wellness, this project will contribute to the neighbourhood’s evolution, appealing to both downsizers and a new generation of professionals.”

Kokoda Property will now progress concept design ahead of a future planning process.
</section>

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating

First look: Kokoda secures Richmond site for new apartment development

Gold Coast developer Drew Group is fast approaching sell-out at its Main Beach apartment development, Lagoon Main Beach.

In the last nine months, Drew Group and sales partner Pezet Matheson have secured 31 sales totalling over $75 million, as the two-tower development advances towards completion under the expert eye of Hutchinson Builders.

“Today's buyers are more discerning than ever," Drew Group Managing Director Jon Drew says.

"It's essential to provide something truly unique that sets a development apart, and we believe Lagoon has achieved just that."

[smartcode_project:default project_id=108747 project_image_fid=193023]

Just over 50 per cent of recent&nbsp;sales have been to local buyers, reflecting the deep trust and connection within the Gold Coast community that Drew Group has developed over the years.

Demand has been particularly robust at the top end, with two of the three exclusive penthouses already sold, alongside five sub-penthouses. Only seven apartments remain in Lagoon's Signature Series — one&nbsp;penthouse and six sub-penthouses.

[smartcode_project:default project_id=108747 project_image_fid=284864]

Drew Group has also removed the much-maligned sunset clause from all contracts at Lagoon. The sunset clause — although rarely invoked, yet on occasion known to have been — allows developers to take back contracts on apartments should the building not be completed within the timeframe specified in the contract.

Pezet Matheson Co-Director Jayde Pezet says the fact Lagoon is&nbsp;within a year of completion, and has no sunset clause in contracts, provides certainty to buyers.

"This is paramount in the current market," Pezet says.

Drew Group has committed to providing the highest level of security inclusions — none more impressive than the Ubiquity Access Control System, a cutting-edge facial recognition technology that is one of the most state-of-the-art keyless entry systems on the market.

[smartcode_project:default project_id=108747 project_image_fid=190743]

One of the biggest drawcards to Lagoon has been the size of the apartments.

"It is unlikely that any future new development in Main Beach will be able to offer such spacious living at this price point," Drew says.

"Today's buyers are more discerning than ever, carefully evaluating amenities like gyms, spas, workspaces, and beach lockers, along with quality finishes. It's essential to provide something truly unique that sets a development apart, and we believe Lagoon has achieved just that."

Lagoon is set to complete construction in mid-2026.

[smartcode_project_cta:default project_id=108747]

Lagoon Main Beach approaches sell-out as local buyers drive $75m in sales

Sunshine

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A one bedroom unit at Sunshine sold for $245,000 making it Melbourne’s most cheapest weekend auction sale.
Located at <a href="https://www.realestate.com.au/sold/property-unit-vic-sunshine-124099310" target="_blank">4/136-140 Wright Street</a>, the property was offered through Douglas Kay Real Estate agents Adrian Kay and Anthony Caccamo.
The adjoining villa sold for $242,000.
They both sold at $67,500 in 2001.
The median price of one bedroom units in Sunshine is $270,000, with the sale $25,000 short of the median price.
The median price of units overall in Sunshine is $352,500 while houses have a median price of $700,000.
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j.ballantyne1990-6AQqhLzZaK

One bedroom Sunshine unit sold for $245,000

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Apartments are the main options for first home buyers within the inner west, according to HTW’s Month in Review: March 2017. 
The valuation firm says many new apartment buildings are being constructed within the suburbs of West Melbourne, Parkville and Travancore, while further west in the suburbs of Sunshine and Sunshine West there are affordable townhouse options.
According to CoreLogic, the median unit sale price in January 2017 for West Melbourne was $497,000, Parkville $497,000, Travancore $480,000, Sunshine $351,000 and Sunshine West $351,000 (source: RP Data).
“Developers particularly within the Sunshine area are building affordable townhouses for the first home buyer,” HTW says.
“Furthermore, within the inner suburbs apartments are being tailored and marketed to first home buyers by developers.
“Due to the magnitude of development currently occurring within the inner suburbs, first home buyers should be cautious when buying apartments.
“Once a volume of new stock comes to the market it could pose a risk to the apartment market.”
A two bedroom unit at <a href="https://www.realestate.com.au/property-unit-vic-sunshine+west-124730726" target="_blank">2/3 Gum Street</a>, Sunshine West (above) has been listed for between $360,000 to $390,000.
Similarly a two bedroom unit at <a href="https://www.realestate.com.au/property-unit-vic-sunshine-124919230" target="_blank">8/39 Fraser Street</a>, Sunshine (below) has been listed in excess of $340,000.
<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/2017/03/10/8_39%20Fraser%20Street.jpg" alt="">
A two bedroom apartment at <a href="https://www.realestate.com.au/property-apartment-vic-west+melbourne-123487762" target="_blank">503/55 Jeffcott Street</a>, West Melbourne (below) has been listed for between $438,000 to $475,000.
<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/2017/03/10/503_55%20Jeffcott%20Street.jpg" alt="">
Similarly a one bedroom apartment at <a href="https://www.realestate.com.au/property-apartment-vic-west+melbourne-123861814" target="_blank">703/9 Dryburgh Street</a>, West Melbourne (below) has been listed for $478,600.
<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/2017/03/10/703_9%20Dryburgh%20Street.jpg" alt="">
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jonathanchancellor-7SQnKwU6yx

Victoria's Sunshine West a rising market for first home buyers: HTW

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In 2016, there was a large increase in demand for properties in Sunshine, 11 kilometres west of Melbourne’s CBD, according to HTW’s February 2017 update.
The valuation firm says the median house price grew $172,000 or 25.5% to $847,500 from the start of the year to December 2016.
“It will be interesting to watch if this price growth spills over into surrounding suburbs such as Sunshine North over the next 12 months,” the firm says.
“With a median house price in Sunshine North of $654,500 and $613,250 in Ardeer, according to CoreLogic, these price points are well below that of the hotspot of Sunshine and it will be worth observing if this gap closes during 2017.”
Further west, the new Caroline Springs V-Line train station and line duplication between Melton and Deerpark is opening in February 2017.
Serving Caroline Springs as well as the adjoining suburbs of Burnside, Plumpton, Taylors and Hillside, this is a highly anticipated major infrastructure boost to this western growth corridor of Melbourne.
It is expected to be used by 1,500 people per day rising to 4,800 per day in 2020, according to PTV.
The outer western suburbs such as Wyndham Vale, Werribee, Tarneit and Truganina still provide affordable entry in to the current property market, HTW says.
The median sale price in December 2016 for Wyndham Vale was $416,000, Werribee was $455,000, Tarneit was $530,000 and Truganina was $478,000, according to CoreLogic.
A three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-wyndham+vale-124537494" target="_blank">56 Evergreen Drive</a>, Wyndham Vale (above) is currently listed for between $429,000 to $459,000.
A three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-werribee-124475122" target="_blank">53 Duncans Road</a>, Werribee (below) is currently listed for sale.
<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/2017/02/15/53%20Duncans%20Road.jpg" width="700" height="425">
“Development is occurring at a rapid pace in this area and there are many large estates at various stages of construction,” says HTW.
The population of Truganina is forecast to double to 40,000 by 2036 while that of Tarneit will almost triple to 89,417 in the same period, according to Wyndham City Council data.
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New rail infrastructure to boost western Melbourne property market: HTW 

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CVA have leased a modern 2,117 square metres Sunshine office/warehouse space.
The industrial facility located within the established industrial precinct of Sunshine was leased for $155,000 per annum to Cardno Construction Sciences Pty Ltd on three plus three year term, representing a building rate of $73.22 per square metre.
The property features a clear span warehouse of 1,867 square metres with an internal clearance of seven metres and three motorised roller shutter doors.
The fully air-conditioned office component of 250 square metres includes a reception area, open plan and partitioned office space, and floor to ceiling windows providing excellent natural light.
The site is conveniently located close to Somerville Road, Fairbairn Road and the Western Ring Road.
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Modern office/warehouse at Sunshine leased for $155,000 annually

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Works are about to commence on the Brimbank Community and Civic Centre, heralding another addition to architecture firm Lyons expanding civil and educational repertoire. Construction tenders are due for the complex, which is expected will deliver a first-class outcome for the local community.

<blockquote>
The design includes an exceptional new Sunshine Library set over the first two floors with a large double height reading room and areas for different user groups including children, teens, and adults.

A new customer service centre and a local history interpretive centre make up the ground floor footprint. The second floor also includes a learning centre and community rooms, the council chamber, and an exhibition space.
<cite><a href="http://www.brimbank.vic.gov.au/DEVELOPMENT/Major_Council_Projects/Brimbank_Community_and_Civic_Centre">Brimbank City Council: Brimbank Community and Civic Centre</a></cite>
</blockquote>

The $52 million facility will also showcase a slice of Sunshine's history, with a heritage harvester machine relocated to the building and potentially suspended from the ceiling within the foyer. Lyons have also incorporated a saw tooth element to the facade, in recognition of the Sunshine Harvester Works which were prevalent onsite in times gone by.

When complete the Brimbank Community and Civic Centre is hoped to become a design beacon within the wider Sunshine town centre which is progressively undergoing renewal. Brimbank City Council hope the building will set a benchmark for the quality of future projects, while also facilitating additional development within the precinct which has provisions for 30m (10 level residential) buildings according to structure plans.

<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/artists_impression_of_north_east_perspective_of_brimbank_civic_and_community_centre.jpg" rel="gallery-all" title="Artists impression of the complex. Image courtesy Brimbank City Council"><img alt="" class="image-article-full-width-580px" height="460" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/artists_impression_of_north_east_perspective_of_brimbank_civic_and_community_centre.jpg?itok=bQcXagr6" title="Artists impression of the complex. Image courtesy Brimbank City Council" width="580"></a>

<figcaption>Artists impression of the complex. Image courtesy Brimbank City Council</figcaption></figure>The Brimbank Community and Civic Centre will join two existing municipal buildings designed by Lyons. Seen below, <a href="http://www.lyonsarch.com.au/hume-city-council-office-building/?b=1" target="_blank">Hume City Council's offices</a> were completed during 2007 and promptly won the National Australian Institute of Architects' Harry Seidler Award for Commercial Architecture in 2008.

More recently <a href="http://www.lyonsarch.com.au/dandenong-municipal-building/?b=1" target="_blank">The City of Greater Dandenong Municipal Building Project</a> was opened earlier in 2014. Similar to Brimbank's new domicile, the mixed-use Dandenong complex includes the city's new offices, a public library, community meeting rooms and Council Chambers. A landscaped civic square and retail shops round out the 13,000m² facility.

Many design elements are evident over all three buildings in a uniquely Lyons style, including the use of bold colours, embellished entry points and liberally applied external louvres. In a wider context Lyons have successfully delivered a swag of large municipal and tertiary projects in recent years; it seems that when a design statement is required in such a context, Lyons are the architecture firm of choice.

<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/image21lyons.jpg" rel="gallery-all" title="Hume city Council. Images © Lyons"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/image21lyons.jpg?itok=zvP9nyve" title="Hume city Council. Images © Lyons" width="580"></a>

<figcaption>Hume City Council. Images © Lyons</figcaption></figure>The Brimbank Community and Civic Centre's construction program will see works begin next month, with the Sunshine Library and Customer Service Centre being temporarily relocated for the period of construction. All going to plan the new facility will be ready for occupancy mid-2016.
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Sunshine

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