<p>National diversified developer Fortis has officially launched Crest &amp; Walker, its latest Brisbane apartment development, with construction now underway on the 20-storey Newstead project.</p>

<p>Award-winning builder BINAH has commenced construction on the Bureau^Proberts-designed building, which will deliver a limited collection of 65 two and three-bedroom apartments on Kyabra Street.</p>

<p>[smartcode_project:default project_id=145922 project_image_fid=373556]</p>

<p>The project marks Fortis' fourth active residential development in Brisbane, following River House, which is nearing completion, alongside projects in New Farm and Hamilton as the national developer continues to expand its South East Queensland pipeline.</p>

<p>Fortis General Manager – Development Queensland Dan Boman said Crest &amp; Walker reflects the developer's long-term commitment to delivering design-led residential projects in Brisbane's established inner-city suburbs.</p>

<p>"We're proud to be strengthening our presence in Brisbane with Crest &amp; Walker, particularly in such a sought-after lifestyle destination as Newstead," Boman said.</p>

<p>"Every Fortis project is shaped by its context, and we approach each one with the respect and care it deserves.</p>

<p>"Our focus is always on creating places that feel connected to their neighbourhood and elevate the everyday experience for residents. Newstead continues to evolve as one of Brisbane's most sought-after urban communities, and Crest &amp; Walker reflects our ambition to contribute meaningfully to that story."</p>

<p>[smartcode_project:default project_id=145922 project_image_fid=373559]</p>

<p>Positioned between Gasworks Plaza and James Street, <a href="https://www.apartments.com.au/new-apartments/crest-walker-newstead-12-kyabra-street-newstead-qld-4006">Crest &amp; Walker</a> has been designed as a boutique residential address offering privacy and generous living spaces within one of Brisbane's most established lifestyle precincts.</p>

<p>The building features a contemporary brick podium softened by integrated landscaping, while the upper levels are characterised by restrained architecture and enduring materiality. Interiors have been designed to maximise natural light, acoustic performance and long-term liveability.</p>

<p>[smartcode_project:default project_id=145922 project_image_fid=373583]</p>

<p>Residences comprise spacious two and three-bedroom floorplans, with two-bedroom apartments priced from $1.55 million and three-bedroom, half-floor residences from $3.95 million.</p>

<p>Residents will have access to a wellness-focused rooftop featuring a swimming pool, sauna, steam room, landscaped dining spaces and outdoor lounge areas overlooking Newstead and the Brisbane CBD.</p>

<p>[smartcode_project:default project_id=145922 project_image_fid=373571]</p>

<p>Sales are being managed by Slaite Projects, with Fortis expecting strong demand from owner-occupiers seeking a high-quality, design-focused apartment in one of Brisbane's most tightly held inner-city suburbs.</p>

<p>Completion of Crest &amp; Walker is slated for late 2028.</p>

<p>[smartcode_project_cta:default project_id=145922]</p>


Joel Robinson

Fortis expands Brisbane pipeline with launch of Crest & Walker in Newstead

<p>The enormity of delivering a true skyscraper in Australia's new development market is often overlooked.</p>

<p>It has taken the best part of a decade since plans for Chevron One were first unveiled, but the 52-storey tower is now complete, with residents collecting their keys and moving into what has become one of the Gold Coast's most recognisable new landmarks.</p>

<p>Rising 127 metres above Chevron Island, Chevron One stands almost twice as high as any other building on the island. Its scale places it alongside the trio of towers at Jewel, arguably the last truly significant addition to the central Gold Coast skyline when they were completed around six years ago.</p>

<p>While there are several developments underway around a similar height to Chevron One, they are more concentrated within clusters of the highest towers in the city. The fact Chevron One sits within a developing precinct, looking back at the other high-rise developments in Surfers Paradise and Broadbeach, makes it a different proposition altogether. It will certainly become a reference point on the Gold Coast skyline.</p>

<p>[smartcode_project:default project_id=6515 project_image_fid=68833]</p>

<p>Developer Bensons Property Group is behind the 52-storey tower, which has just shy of 250 apartments, along with an exhaustive list of resident amenity spread across what is the largest development site ever assembled on Chevron Island.</p>

<p>The tower has been the talk of the town for years, says Ray White Projects Gold Coast agent Caitlin Rosenboom, who is selling the remaining apartments.</p>

<p>"People have been watching Chevron One go up for years," Rosenboom says, adding that many prospective buyers have been surprised by the scale of the views once they step inside.</p>

<p>"It's only when they walk through a completed apartment that they truly understand the position of the building," Rosenboom says.</p>

<p>"The views are jaw-dropping. Whether you're looking east over the ocean, across Surfers Paradise, along the river systems or out to the hinterland, every level offers something different but equally impressive."</p>

<p>[smartcode_project:default project_id=6515 project_image_fid=360215]</p>

<p>One of Chevron One's defining advantages is its location on the eastern side of Chevron Island on Stanhill Drive, a position which protects the views forever.</p>

<p>"There's only one row of houses between Chevron One and the water, and the height restrictions along the river means views from Chevron One can never be built out,"&nbsp;Rosenboom says.</p>

<p>While new apartment developments continue to emerge across the Gold Coast, Rosenboom says opportunities to secure a completed apartment with this level of outlook are becoming increasingly rare.</p>

<p>"The size of the site is something that would be incredibly difficult to replicate today," she says.</p>

<p>"That's allowed Chevron One to deliver the sort of amenity, open space and resident facilities that very few projects can offer. There are not many completed apartment buildings on the Gold Coast right now that can compete with the combination of scale, quality and amenity."</p>

<p>[smartcode_project:default project_id=6515 project_image_fid=68839]</p>

<p>There's around 2,000 sqm of amenity solely for the use of residents of Chevron One. Club One features a uniquely shaped swimming pool that mirrors the footprint of the building itself, set within a extensively landscaped gardens. There's also an indoor pool and spa, a fully equipped gym with a Pilates room, a yoga garden, a bookable private dining area and lounge that can host up to 30 people, and a 24-hour concierge service.</p>

<p>As for the buyers, Rosenboom is fielding enquiry from everywhere: Sydneysiders and Melburnians looking at the new and off-the-plan market following the changes in the Federal Budget, as well as those looking to relocate, through to South East Queenslanders seeking either a permanent home or a weekender bolthole.</p>

<p>"The Gold Coast lifestyle continues to resonate with people relocating from the southern states, and when they see the views and the quality of what's been delivered at Chevron One, it becomes very easy for them to understand the appeal," Rosenboom says.</p>

<p>A diverse mix of one, two and three-bedroom apartments remain available, with each offering "something a little different", be it the orientation and views, configuration, or level, to suit a wide variety of buyers.</p>

<p>The remaining apartments are ready to inspect in person, by appointment.</p>

<p>[smartcode_project_cta:default project_id=6515]</p>


A decade in the making: Residents to move into Chevron One as construction wraps up

<p>A general rule of thumb in new apartment developments is that the penthouses get the rooftop.</p>

<p>It's a formula that's become commonplace across Australia's apartment market. Residents might have access to a pool, gym or barbecue facilities on a dedicated lower level, but the most desirable outdoor spaces are typically reserved for the highest-priced homes at the top of the building.</p>

<p><a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Property Group</a> has taken the opposite approach.</p>

<p>Rather than dedicating the rooftop to a handful of buyers, the Gold Coast developer has made it the centrepiece of its Flourish collection, creating expansive shared spaces from the best vantage point in the building.</p>

<p>The philosophy has reached its most ambitious expression at <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> in Palm Beach, where two rooftop precincts connected by a skybridge will deliver one of the most extensive lifestyle offerings seen in a residential apartment project on the Gold Coast.</p>

<p>[smartcode_project:default project_id=150017 project_image_fid=374053]</p>

<p>"We're seeing a clear move toward developments that offer more than just an apartment," Sherpa Group founder Christie Leet said.</p>

<p>"People want spaces that support how they actually live, whether that's working from home, staying active, or spending time with family and friends.</p>

<p>"That's where amenity becomes critical. It's not just about what's included, but how those spaces are designed to be used every day."</p>

<p>[smartcode_project:default project_id=150017 project_image_fid=374052]</p>

<p>The breadth of amenity has already attracted buyers across multiple demographics. Younger first home buyers have been drawn to Soleira's one-bedroom apartments, a product rarely delivered in Palm Beach, while families have responded to practical inclusions such as the shallow children's pool adjoining the main lap pool and the extensive communal recreation areas.</p>

<p>Instead of a single rooftop, Soleira delivers two distinct lifestyle zones.</p>

<p>[smartcode_project:default project_id=150017 project_image_fid=372547]</p>

<p>The southern rooftop has been dedicated to wellness, featuring a gym, yoga and Pilates studio, work-from-home facilities, a wellness centre, spa, and hot and cold plunge pools.</p>

<p>The northern rooftop focuses on recreation and entertaining, incorporating a heated resort-style pool, private dining rooms, pizza ovens, barbecues, a golf simulator, children's recreation areas, and what is expected to be the Gold Coast's first rooftop basketball court, which will also double as a squash court.</p>

<p>[smartcode_project:default project_id=150017 project_image_fid=374054]</p>

<p>Beyond the rooftops, Soleira will introduce 1,500 sqm of curated retail beneath the towers, creating one of Palm Beach's first genuinely mixed-use lifestyle precincts where cafés, restaurants and convenience retail become part of residents' everyday lives.</p>

<p>Sherpa has also retained management rights across the development, allowing it to oversee the long-term operation of the building through a 24-hour concierge model. The developer is also exploring additional revenue streams within the precinct aimed at helping offset ongoing body corporate costs for residents.</p>

<p>[smartcode_project:default project_id=150017 project_image_fid=370962]</p>

<p>While Soleira is the largest project Sherpa has delivered, the rooftop-first philosophy has been evolving for several years.</p>

<p>It began with <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>, the first project released under the Flourish brand. Rather than competing at the ultra-luxury end of the market with oversized half-floor and full-floor residences, Sherpa focused on creating lifestyle-driven apartments supported by resort-style shared spaces.</p>

<p>Amargo introduced more than 800 sqm of rooftop amenity, combining wellness facilities, heated pools, entertaining areas, cabanas, pizza ovens and private dining spaces into what was designed as an extension of residents' homes rather than a facility used only occasionally.</p>

<p>[smartcode_project:default project_id=146527 project_image_fid=366550]</p>

<p>That approach continued with Flourish Oasis, where the same amenity-led philosophy was refined into a more boutique development. Strong demand from Sherpa's growing VIP database saw much of the project sold before it reached the broader market, reinforcing buyer appetite for apartment communities centred around shared lifestyle experiences.</p>

<p>Flourish Amargo is slated for completion mid-way-through next year, with Oasis to be delivered by late 2027. Flourish Soleira is expected to complete in 2030.</p>

<p>[smartcode_project_cta:default project_id=150017]</p>


Sherpa takes amenity to the sky as Flourish Soleira captures booming Palm Beach demand

<p>As apartment living continues to evolve across Sydney's growth corridors, the quality and distribution of shared spaces is increasingly shaping how residents experience home. Rather than functioning as add-ons, amenities are being embedded into the daily rhythm of a building, supporting everything from quiet retreat to social interaction, often within a single vertical community.</p>

<p>At <a href="https://www.apartments.com.au/new-apartments/aeris-melrose-park-nursery-street-melrose-park-nsw-2114">Aeris</a> in Melrose Park, this approach is resolved through a layered amenity offering that unfolds from ground level through to its upper podium. Developed by <a href="https://www.apartments.com.au/developers/sekisui-house-australia">Sekisui House Australia</a> in partnership with Hankyu Hanshin Properties, the project introduces 468 apartments across two towers and a mid-rise building, positioned at the highest point of the broader masterplan.</p>

<p>[smartcode_project:default project_id=426 project_image_fid=359199]</p>

<p>The amenity experience begins at street level, where two courtyards sit within a landscaped setting that connects residents to the wider network of parks and green spaces. These green spaces are not isolated pockets but part of a wider pedestrian network that links Aeris to the surrounding <a href="https://www.apartments.com.au/developments/melrose-park-nsw-2114">Melrose Park</a> precinct, including Central Park, future schools, and the Town Centre opening in July 2026. The result is a transition that moves from public to private without abrupt boundaries, allowing residents to pass through shaded, tree-lined environments before reaching the building itself.</p>

<p>Moving upward, the focus shifts to the level five podium, where the primary communal facilities are concentrated. This space brings together a 16-metre swimming pool, outdoor seating areas, and a communal BBQ zone arranged to take advantage of elevated outlooks. Seating is positioned beneath pergolas, creating pockets of shade that extend the usability of the space throughout the day. The pool edge aligns with views toward the wider district, reinforcing the sense of elevation that defines the project’s positioning.</p>

<p>In the adjacent building, this is complemented by quieter, more contemplative spaces, including an outdoor cinema set within the same level. Positioned to operate primarily in the evening, it introduces a different tempo to the shared environment, shifting from daytime activity to after-hours use without requiring separate zones.</p>

<p>[smartcode_project:default project_id=426 project_image_fid=360299]</p>

<p>The podium also accommodates an intimate private resident gym. Located on the lower levels, it gives residents convenient access to fitness facilities without leaving the building.</p>

<p>Above, the elevated podium sky deck extends the amenity offering, providing additional open-air spaces with elevated outlooks across the surrounding landscape. While more restrained in program, this upper level reinforces the project’s vertical progression, from ground-level greenery to elevated outlook, allowing residents to move between distinct spatial conditions within a single address.</p>

<p>This distribution of amenities reflects a deliberate response to how residents use space across the day. Sekisui House Australia Sales and Marketing Director Peter Kalaf points to the role these shared areas play in shaping buyer demand. Aeris has been conceived as more than a collection of apartments, with the podium pool, gym and outdoor cinema forming part of a broader lifestyle offering that extends the home beyond each individual residence.</p>

<p>[smartcode_project:default project_id=426 project_image_fid=360300]</p>

<p>What distinguishes Aeris is not the inclusion of these elements individually, but how they are arranged in relation to one another. Active, social, and passive spaces are layered vertically rather than separated, allowing residents to choose between them without leaving the building or moving far from their apartment. This proximity supports both routine use, such as a morning swim or evening workout, and more occasional gatherings, whether around the BBQ area or within the cinema setting.</p>

<p>The amenity design also sits within a broader framework of connectivity across Melrose Park. The Melrose Park Town Centre, anchored by Coles and Dan Murphys, features a mix of retail, dining, health and lifestyle offerings, bringing everyday convenience closer to residents. By the end of the year, more than five hectares of parks and open space, equivalent to around seven football fields of green space on residents' doorstep, will further enhance the precinct, allowing the internal facilities at Aeris to operate as an extension of the wider neighbourhood rather than a substitute for it.</p>

<p>Construction at Aeris continues to gather momentum, with ground floor slabs expected to be completed in late 2026 before the first sections of the buildings begin to rise above ground.</p>

<p>[smartcode_project_cta:default project_id=426]</p>


Elevated amenity anchors daily life at Aeris, Melrose Park

<p>Repeat buyers are one of the strongest measures of confidence in any apartment development.</p>

<p>At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.</p>

<p>Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.</p>

<p><iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/FH_1EzB-1vs?si=XScVlP1ERsTDJoME" title="YouTube video player" width="560"></iframe></p>

<p>"I had some boxes I wanted to tick," he says.</p>

<p>Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.</p>

<p>“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.</p>

<p>He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.</p>

<p>[smartcode_project:default project_id=135096 project_image_fid=356818]</p>

<p>After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.</p>

<p>"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."</p>

<p>Today, Keith says the move has completely changed how he experiences Newcastle.</p>

<p>"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."</p>

<p>[smartcode_project:default project_id=135096 project_image_fid=356828]</p>

<p>Beyond the location, he says it's the sense of community that has surprised him most.</p>

<p>"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."</p>

<p>For Aimee and Lyle Goodman, the journey started almost by chance.</p>

<p><iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/tsioMLcnjas?si=zq-ys3JuWpfa5hFv" title="YouTube video player" width="560"></iframe></p>

<p>The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.</p>

<p>"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."</p>

<p>As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.</p>

<p>"We actually catch up more as a family now," Aimee says.</p>

<p>"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."</p>

<p>[smartcode_project:default project_id=135096 project_image_fid=356829]</p>

<p>Lyle says their confidence came from GWH's reputation within Newcastle's building industry.</p>

<p>"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."</p>

<p>That confidence only grew throughout the buying process.</p>

<p>"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."</p>

<p>[smartcode_project:default project_id=135096 project_image_fid=351104]</p>

<p>Aimee says one moment stood out.</p>

<p>"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."</p>

<p>The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.</p>

<p>Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.</p>

<p>[smartcode_project:default project_id=135096 project_image_fid=356822]</p>

<p>ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;</p>

<p>Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;</p>

<p>The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.</p>

<p>[smartcode_project:default project_id=135096 project_image_fid=356826]</p>

<p>For Keith, the appeal remains straightforward.</p>

<p>"You feel at home even before you've moved into your home."</p>

<p>For Aimee, the change is measured in time.</p>

<p>“I just felt like I had more time,” she says.</p>

<p>[smartcode_project:default project_id=135096 project_image_fid=351102]</p>

<p>Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.</p>

<p>ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.</p>

<p>[smartcode_project_cta:default project_id=135096]</p>


From ONE to ERA: Why buyers are choosing GWH again in Newcastle West

Sydney

<p>Due to its elite schooling, employment opportunities and natural beauty, Sydney remains popular amongst families searching for low maintenance apartments.</p>

<p>According to the last census, families with children were well represented in Australia&#39;s apartment-living population, a trend that is likely to continue.</p>

<p>Urban takes a look at six new three-bedroom apartments perfect for families in Sydney.</p>

<p><strong>1. Mason &amp; Main, Merrylands</strong><br />
Address: 249-258 Merrylands Road, Merrylands NSW 2160<br />
Three-bedroom apartments from $879,000</p>

<p>[smartcode_project:default project_id=31751 project_image_fid=161015]</p>

<p>Delivered by Coronation Property,&nbsp;Mason &amp; Main is Merryland&#39;s exciting new address, located on&nbsp;Merrylands Road. The home-sized apartments feature three bedrooms and three bathrooms, a large multipurpose room and generous balcony space, ideal for growing Sydney families.</p>

<p>Just 350 metres&nbsp;to Merrylands train station and just three kilometres from Parramatta CBD, residents will be connected to western Sydney&#39;s&nbsp;leading schools, such as The Kings School and Tara Anglican School for Girls, as well as&nbsp;leading universities.</p>

<p><strong>2. Portman House, Green Square</strong><br />
Address: 77-93 Portman Street, Zetland NSW 2017<br />
Three-bedroom apartments from $1,540,000</p>

<p>[smartcode_project:default project_id=30049 project_image_fid=162880]</p>

<p>Mirvac&#39;s latest inner-city development is located just seven kilometres from the Sydney CBD and includes a luxury wellness centre, making it an ideal home for busy parents searching for convenience. Zetland&#39;s abundance of amenities, schools and green spaces will suit children, young to old.</p>

<p>Designed by Mirvac&#39;s in-house design term, Portman House&#39;s art deco-inspired architecture provide a new level of luxury with lavish kitchens, generous balconies and high contrast interiors.</p>

<p><strong>3. Bloom Arncliffe</strong><br />
Address: 213 Princes Highway, Arncliffe NSW 2205<br />
Three-bedroom apartments from $950,000</p>

<p>[smartcode_project:default project_id=6201 project_image_fid=89015]</p>

<p>With construction on Bloom Arncliffe recently completed, families are able to move-in to a ready-to-go three-bedroom apartment.</p>

<p>For parents who have to work from home, each residence offers a dedicated study room for your remote working endeavours, as well as views of Botany Bay and connections to Sydney&rsquo;s train lines.</p>

<p><strong>4. Park Sydney, Erskineville</strong><br />
Address: 149-163 Mitchell Road, Erskineville NSW 2043<br />
Three-bedroom apartments from $1,711,000</p>

<p>[smartcode_project:default project_id=5811]</p>

<p>One of the most significant new residential development Sydney-wide, Park Sydney offers considered design and communal amenities to families looking for a community feel and established neighbourhood.</p>

<p>Boasting an unbeatable location, the development is located just four-kilometres from the Sydney CBD and an easy walk to Erskineville Station. Close to top universities, major employment hubs and elite schools, such as Newington College, Park Sydney meets the needs of the whole family.</p>

<p>The masterplanned community includes 7,400 sqm of parkland and play areas with BBQ facilities, amphitheatres, walkways and cycleways.</p>

<p><strong>5. The Retreat, Lidcombe</strong><br />
Address: 11 Carter Street, Lidcombe NSW 2141<br />
Three-bedroom apartments from $950,000</p>

<p>[smartcode_project:default project_id=25940]</p>

<p>Developed by Meriton, the 22-storey Retreat deliver timeless design and functional layouts, offering families a practical sense of home in the rapidly evolving lifestyle hub of Sydney Olympic Park.</p>

<p>Multiple leisure facilities such as its first-rate aquatic centre, tennis centre and adventure parks, offer something for all the family, and the close-by Parramatta CBD provides enviable employment opportunities.</p>

<p><strong>6. Pavilions, Sydney Olympic Park</strong><br />
Address: 2 Figtree Drive, Sydney Olympic Park NSW 2127<br />
Three-bedroom apartments from $1,495,000</p>

<p>[smartcode_project:default project_id=7363 project_image_fid=89976]</p>

<p>Nestled amongst verdant parklands, Pavilions&nbsp;offers the unique opportunity to step into the&nbsp;family-friendly lifestyle in Sydney&rsquo;s west. The apartments boast spacious floorplans&nbsp;and 4,500sqm of resident-only courtyard, providing the space growing families need.</p>

<p>Designed by Mirvac and BVN Architects, the apartments also feature world-class amenity, including a state-of-the-art gymnasium, community room, and a multifunction space with dedicated playground&nbsp;that your kids are bound to enjoy.</p>


According to the last census, families with children were well represented in Australia's apartment-living population, a trend that is likely to continue

max.kwok_55688

June 2021: Six new three-bedroom apartments perfect for families in Sydney

<html><body>
<p>Coronavirus-impacted “pockets” of Sydney’s north-west and inner-south-west have seen falling median values create opportunities for first home buyers, according to CoreLogic head of research, Eliza Owen.</p>

<p>Although Australia’s residential property market has shown resilience, despite the shock of the pandemic, recent value falls may have created an opportunity for first home buyers who want to take advantage of the first home loan deposit scheme (FHLDS).</p>

<p>On February 3, minister for housing Michael Sukkar announced the reissue of around 1,800 FHLDS places, creating opportunity in suburbs where unit medians have slipped below the Sydney threshold of $700,000.</p>

<p>As of January 2021, there was an average of 107 suburbs observed in the capital cities with a median value at or below the qualifying threshold for the FHLDS, assuming the application is for an established property.</p>

<p>In Sydney, where international border closures have created a particular demand shock, median unit values have declined up to -$88,146 between March 2020 and January 2021.</p>

<p><a href="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/corelogic_0.png"><img alt="" height="860" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/corelogic_0.png" width="1446"></a></p>

<p><a href="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/corelogic_0.png" target="_blank">Click here</a> to enlarge image.</p>

<p>As evident in CoreLogic’s data, Rouse Hill had a pre-pandemic median value at $726,900, which has fallen to just $638,755. While other suburbs like Arncliffe and Hurstville have seen changes in median value at -$31,185 and -$65,019, respectively.  </p>

<p>“As more of the housing market is caught in a broad-based upswing, first home buyers could face more challenges getting into the market in the year ahead”, Owen said.<br>
 </p>

<h2>Sydney units listed at or below the qualifying threshold for the FHLDS<strong> </strong>
</h2>

<p><strong>1. Beyond, Hurstville</strong><br>
Address: 93 Forest Road, Hurstville NSW 2220<br>
One-bedroom apartments (with study) from $685,000</p>

<p>[smartcode_project:default project_id=6798]</p>

<p>Developed by Fridcorp, Beyond’s one-bedroom apartments are listed below the $700,000 qualifying threshold for the first home loan deposit scheme.  </p>

<p>The Woods Bagot and DKO Architecture-designed project features sculptural architecture, multi-sensory living, oversized balconies and a 4,500sqm retail precinct anchored by Woolworths.<br>
 </p>

<p><strong>2. Bloom Arncliffe</strong><br>
Address: 213 Princes Highway, Arncliffe NSW 2205<br>
One-bedroom apartments from $595,000</p>

<p>[smartcode_project:default project_id=6201]</p>

<p>The recently completed residential precinct, Bloom Arncliffe, offers 318 apartments across seven buildings, starting from $595,000 – well below the deposit scheme’s price cap.</p>

<p>Delivered by Wingate and designed by Stephen Bowers Architects, the development includes 37 commercial spaces, a youth centre, gym and support facilities.</p>
</body></html>

Recent value falls may have created an opportunity for first home buyers who want to take advantage of the first home loan deposit scheme

The Sydney suburbs now qualifying for First Home Loan Deposit Scheme after price falls

<html><body>
<p>Apartment values in Sydney continued to decline over January, posting -0.1 per cent losses, according to data analytics firm CoreLogic.</p>

<p>It follows a -0.1 per cent loss over December and -0.7 per cent in November.</p>

<p>The decline sees the unit market in the harbour city the worst quarterly performer across the country, with values down one per cent, the only apartment market to have seen declines.</p>

<p>Sydney's median apartment value now sits at $734,198. There was some good news for apartment investors who were given a boost over the month. Unit rents rose 0.8 per cent, the first month on month rise since March last year.</p>

<p>Unit rents had declined 5.6 per cent over the past year.</p>

<p>Urban has taken a look at three apartments blocks to secure under the median apartment value.</p>

<h2>Beyond, Hurstville</h2>

<p>Price: One bedroom apartments starting from $585,000.</p>

<p>[smartcode_project:default project_id=6798]</p>

<p>The Hurstville apartment complex Beyond, developed by Fridcorp, has both of its one bedroom apartments less than Sydney's median apartment price. One beds start from $585,000, while a one bed with study and a parking spot starts from $685,000. Two bedroom apartments are priced from $845,000.</p>

<p>Due for completion this year, Beyond has been designed by DKO Architecture and features Wellness by Fridcorp, Australia's first first precinct designed as a holistic environment that nurtures social, emotional and physical wellness. There's also a 4,500 sqm Beyond retail precinct anchored by Woolworths.</p>

<h2>Bloom Arncliffe</h2>

<p>Price: Two bedroom apartments from $710,000</p>

<p>[smartcode_project:default project_id=6201]</p>

<p>Buyers can secure a two bedroom apartment in the completed Bloom Arncliffe apartments by developer Wingate in Sydney's south for less than Sydney's median apartment price. One bedrooms start from $595,000 and three bedrooms are priced from $950,000.</p>

<p>The 318 apartments across seven buildings designed by EJE Architecture and built by Richard Crookes Construction are part of the $136 development which also features 36 commercial spaces and a youth centre with basketball courts, a gym and support facilities.</p>

<h2>Kew Schofields Stage 2- Georgette</h2>

<p>Price: Two bedrooms apartments from $570,000.</p>

<p>[smartcode_project:default project_id=32227]</p>

<p>In Georgette, stage two of Kew Schofields on the edge of Sydney's urban sprawl buyers can secure the most expensive apartment for nearly $170,000 under Sydney's median apartment price. The priciest two bedroom apartment, which comes with a study, two bathrooms and a parking spot, is priced from $570,000.</p>

<p>And apartments in Georgette, developed by Positive Investment Enterprise and designed by PBD Architects, are eligible for the $15,000 HomeBuilder grant. Georgette is set for completion later this year.</p>

<p> </p>
</body></html>

The decline sees the unit market in the harbour city the worst quarterly performer across the country, with values down one per cent, the only apartment market to have seen declines.



Sydney apartment median value down -0.1% in January: What you can buy for the new median

<html><body>
<p>The prime residential forecasts for the 30 cities in Savills World Cities Prime Residential Index highlight the strength of prime residential property.</p>

<p>Average growth for the cities in the index is forecast at 1.6% for 2021. Sentiment is improving as the rollout of the Covid-19 vaccine begins in many countries and, despite the uncertainties which still linger, prime residential property is expected to remain an active market.</p>

<p>The resilience of prime residential markets was highlighted during the second half of 2020. Savills World Cities Prime Residential Index recorded an average increase of 0.8% for the cities in the index at a time when global GDP is recovering from the impact of Covid-19 and subsequent lockdowns.</p>

<p>Many of the factors which helped drive the prime residential market in the second half of 2020 are expected to continue into 2021, including low stock levels in some locations and the desire for more space.</p>

<p>Historically low interest rates, which are expected to remain low for some time, also make the sector attractive for wealth preservation. These factors, and the sector’s strong fundamentals, mean positive price growth is expected in 19 cities, compared with nine that are expected to see small price falls.</p>

<p><img alt="" height="636" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/savills_world_performance_2021.jpg" width="1200"></p>

<p>Source: Savills Research</p>

<h2>The high fliers: +6%</h2>

<p>Of the cities in the Savills World Cities Prime Residential Index, Seoul saw the strongest growth during 2020 with prices increasing 8.6%. This strong performance is expected to continue over the coming year. The market remains on an upward trend, driven by high demand from historically low interest rates, strong economic performance and short supply.</p>

<p>Berlin and Sydney are the next strongest performers. The German capital has been on an upward trend with high levels of demand that exceed supply. Sydney has seen comparatively weaker performance in recent years but is expected to improve in 2021 as economic activity picks up.</p>

<h2>The strong contenders: +4-6%</h2>

<p>Guangzhou is expected to see the highest growth out of the Chinese cities in the index over the coming year. The city is benefitting from urban regeneration projects as well as its proximity to comparatively higher-valued Shenzhen.</p>

<p>In the USA, as with many Western markets, the search for more space was a pandemic-driven trend during 2020. This is expected to continue over the coming year, benefiting cities that offer space, such as Miami.</p>

<p>Miami also has particularly attractive tax advantages. Should the rise in remote working continue, those who no longer need to stay in one location for work may find Miami appealing.</p>

<p>Mumbai has seen stamp duty changes over the past year. The forecast growth in Mumbai, driven by the stamp duty reduction and low mortgage rates, follows price falls due to an oversupply.</p>

<h2>The steady cities: &gt;0-4%</h2>

<p>Despite the headwinds of 2020, supply remains a significant influencer of price movements. Many cities that expected to see positive growth of up to 4% in 2021 are markets characterised by low supply levels, e.g. San Francisco, Amsterdam and Tokyo.</p>

<p>London’s prime market is expected to see a turnaround, with forecast growth underpinned by the value on offer compared with its peak in 2014.</p>

<p>The Chinese cities of Shanghai, Shenzhen, Hangzhou and Beijing are expected to see growth of between 0% and 4%. These markets have performed well in 2020 as economic activity returned. Residential is seen as a safe investment, which is expected to continue in 2021. Beijing has a slightly weaker forecast than the other cities in China due to heavy local regulation.</p>

<h2>A softening of prices: -2-0%</h2>

<p>Some prime residential markets are more reliant on international demand than others. For these markets, travel restrictions have hindered performance during the past year. While vaccine news does bolster optimism for the return of travel, a number of markets that are driven by international demand, including Dubai, Kuala Lumpur and Lisbon, are expected to see a slight softening of prices over the coming year. Lower international demand is also expected to impact the prime market in Paris.</p>

<p>A weaker economic environment is expected to impede growth in a number of cities in Southern Europe, including Milan, Rome, Barcelona and Madrid, while oversupply also continues to play a role for a few cities in this price growth tier, namely Bangkok and Dubai.</p>

<h2>Down, but not out: &lt;-2%</h2>

<p>In Hong Kong, the highest valued city in our index, prices have been impacted by political uncertainty. Prime values are expected to continue their downward trend over the coming year.</p>

<p>New York’s prime market has been on a downward trend in recent years due to oversupply. The pandemic has also caused a temporary move away from densely populated urban living – whether this becomes a long-term trend, however, still remains to be seen.</p>

<p>Sean Hyett is an analyst for Savills World Research</p>
</body></html>

Sydney forecast to sit among the 2021 residential high fliers: Savills

<html><body>
<p>CoreLogic’s best of the best 2020 report has revealed that the highest median unit value was found in Point Piper, as with 2019.</p>

<p>The report revealed Australia’s $7.2 trillion residential real estate market proved resilient in the face of a global pandemic, leaving an overall positive market outlook for 2021.</p>

<p>Eliza Owen, CoreLogic’s head of research, said the report highlighted the resilience of luxury markets in Australia.</p>

<blockquote>
<p><strong>“This is not to say these suburbs have been unaffected by the pandemic; indeed the high end of the Sydney market is generally more volatile to changes in economic conditions. However, this volatility also tends to see a rapid recovery in the wake of lower mortgage rates and an improvement in consumer sentiment.”</strong></p>
</blockquote>

<p>All ten of suburbs listed amongst the nation’s best for unit value were located in Sydney, with Point Piper taking the top spot with a median unit value exceeding $2.28 million.</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/units.png" rel="gallery-all" title="Top performing capital city suburbs. Source: CoreLogic"><img alt="" class="image-article-full-width-580px" height="358" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/units.png?itok=UMi3PAjN" title="Top performing capital city suburbs. Source: CoreLogic" width="580"></a>

<figcaption>Top performing capital city suburbs. Source: CoreLogic</figcaption></figure><p>Darling Point took the second spot, with 78 units sold throughout the year and a median value of $1.785 million.</p>

<p>Sydney’s eastern suburbs performed well across the board, with Darling Point, Bellevue Hill and Vaucluse taking the three top spots for highest median house value. Double Bay, Tamarama, Rose Bay and Dover Heights also made the top ten.</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/houses.png" rel="gallery-all" title="Top performing capital city suburbs. Source: CoreLogic"><img alt="" class="image-article-full-width-580px" height="352" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/houses.png?itok=V9K-dHl0" title="Top performing capital city suburbs. Source: CoreLogic" width="580"></a>

<figcaption>Top performing capital city suburbs. Source: CoreLogic</figcaption></figure><h2>Here are two luxury apartments you can secure in Sydney’s high-performing eastern suburbs</h2>

<p><strong>1. <a href="/buildings/marmont-319-new-south-head-road-double-bay">Marmont</a>, Double Bay</strong><br>
Address: 219 New South Head Road, Double Bay NSW 2028<br>
Two-bedroom apartments from $2,595,000</p>

<p><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/marmont.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="346" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/marmont.jpg?itok=JI7D4JMZ" width="580"></a></p>

<p>Expected to reach completion early 2021, Fortis’ latest Double Bay project offers an exciting opportunity to secure a two or three-bedroom residence in Sydney’s inner-eastern suburbs.</p>

<p>Designed by MHNDUnion, Marmont features floor-to-ceiling glazed windows, views across the harbour and extensive terrace balconies.<br>
 </p>

<p><strong>2. <a href="/buildings/dusk-625-627-old-south-head-road-rose-bay">Dusk</a>, Rose Bay</strong><br>
Address: 625-627 Old South Head Road, Rose Bay NSW 2029<br>
Two-bedroom apartments from $1,795,000</p>

<p><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/dusk.jpeg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/dusk.jpeg?itok=p7dBDFYv" width="580"></a></p>

<p>Located in the heart of the high-performing Rose Bay, Dusk hosts nine two and three-bedroom apartments just six-kilometres from the Sydney CBD.</p>

<p>The exclusive harbourside residence, delivered by Maestro Rosebay, offers private views, considered interiors and an architecturally-designed façade by Bureau SRH.</p>
</body></html>

Sydney's Point Piper boasts Australia's highest median unit value, according to CoreLogic’s best of the best 2020 report. 

Point Piper hosts Australia’s priciest apartments: CoreLogic 

<p>Whether your&nbsp;children have moved out or you&#39;re wanting to save money, downsizing provides a great option for couples of all ages &ndash; but downsizing doesn&#39;t have to mean downgrading.&nbsp;</p>

<p>With Sydney&#39;s luxury market proving resilient following the coronavirus pandemic, many buyers are seeing the benefit of investing in a high-end development at affordable prices.&nbsp;</p>

<p>Below&nbsp;are nine of the best downsizer apartments on the market in Sydney to help you on your journey towards finding a new home.&nbsp;<br />
&nbsp;</p>

<p><strong>1. <a href="/buildings/polo-collection-55-rothschild-avenue-rosebery">Polo Collection</a>, Rosebery</strong><br />
Address: 55 Rothschild Avenue, Rosebery NSW 2018<br />
One-bedroom apartments from $710,000</p>

<p><a class="colorbox colorbox-insert-image" href="/buildings/polo-collection-55-rothschild-avenue-rosebery" rel="gallery-all" target="_blank"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/polo_collection.jpg?itok=KAk-HRy4" width="580" /></a></p>

<p>Meriton&rsquo;s Polo Collection offers downsizers the chance to remain close to the CBD and enjoy luxury living in a brand new architecturally designed apartment.</p>

<p>Comprising 275 luxury apartments across four buildings, the development offers dynamic and elegant living, green vistas and floor-to-ceiling glass windows, designed by SJB Architects.</p>

<p>[smartcode_project:default project_id=7588]</p>

<p><strong>2. <a href="/buildings/alex-collective-alexandria-163-173-mcevoy-street-alexandria-nsw-2015">Alex Collective</a>, Alexandria</strong><br />
Address: 163-173 McEvoy Street, Alexandria NSW 2015<br />
One-bedroom apartments from $750,000</p>

<p><a href="/buildings/alex-collective-alexandria-163-173-mcevoy-street-alexandria-nsw-2015"><img alt="" height="2160" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/alexcollec.jpeg" width="3189" /></a></p>

<p>In the neighbouring suburb of Alexandria, 163 apartments in one, two and three-bedroom configurations are set to be delivered by Ceerose, boasting floor-to-ceiling storage, bay windows and a balcony fringed by greenery.</p>

<p>Tastefully designed by Andrew Burns Architecture, Alex Collective features concrete-inspired stone benchtops, sandstone-toned joinery and integrated black glass ovens, bringing a warm and contemporary aesthetic with an industrial edge.</p>

<p>[smartcode_project:default project_id=29785]</p>

<p><strong>3. <a href="/buildings/cornerstone-717-727-canterbury-road-belmore">Cornerstone</a>, Belmore</strong><br />
Address: 717-727 Canterbury Road, Belmore NSW 2192<br />
Two-bedroom apartments from $655,000</p>

<p><a href="/buildings/cornerstone-717-727-canterbury-road-belmore"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cornerstone.jpg" width="1200" /></a></p>

<p>Whilst further from the offerings of the CBD, Sydney&rsquo;s inner-south-west provides the ideal downsizer location, boasting a tight-knit community and, soon, the proposed Belmore metro station.</p>

<p>Delivered by ALAND, Cornerstone features high ceilings, open-plan kitchens, alfresco dining areas and recessed balconies. Ground floor retail space and local parkland activate the residence.</p>

<p>[smartcode_project:default project_id=9188]</p>

<p><strong>4. <a href="/buildings/lighthouse-9-17-howard-avenue-dee-why">Lighthouse</a>, Dee Why</strong><br />
Address: 9-17 Howard Avenue, Dee Why NSW 2099<br />
Two-bedroom apartments from $935,000</p>

<p><a href="/buildings/lighthouse-9-17-howard-avenue-dee-why"><img alt="" height="474" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/lighthouse.jpg" width="1024" /></a></p>

<p>Situated in Dee Why&rsquo;s new retail hub, Meriton&rsquo;s Lighthouse development offers the tallest towers in the Northern Beaches suburb.</p>

<p>Complete and ready to move in, the development is built over four buildings and offers views of the ocean, beach and lagoon. Downsizers or retirees will enjoy the convenience of this development, located nearby ocean shores and within 35 minutes to Sydney&rsquo;s CBD.</p>

<p>[smartcode_project:default project_id=6337]</p>

<p><strong>5. <a href="/new-apartments/trilogy-112-talavera-road-macquarie-park">Destination</a>, Macquarie Park</strong><br />
Address: 114 Talavera Road, Macquarie Park NSW 2113<br />
One-bedroom apartments from $600,000</p>

<p><a href="/new-apartments/trilogy-112-talavera-road-macquarie-park"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/destination.jpg" width="1920" /></a></p>

<p>Located within NSW&rsquo;s second largest business district, Destination offers lots of opportunity to downsizers hoping to take advantage of Macquarie Park&rsquo;s competitive advantages, including its proximity to Macquarie University.</p>

<p>Delivered by Meriton and designed by DKO Architecture, Destination offers serene garden terraces, timeless design and views from every angle.</p>

<p>[smartcode_project:default project_id=8669]</p>

<p><strong>6. <a href="/buildings/moseley-17-21-moseley-street-carlingford">Moseley</a>, Carlingford</strong><br />
Address: 17-21 Moseley Street, Carlingford NSW 2118<br />
Two-bedroom apartments from $752,900</p>

<p><a href="/buildings/moseley-17-21-moseley-street-carlingford"><img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/moseley.jpg" width="1200" /></a></p>

<p>Still located in the City of Ryde, and close-by Epping Station is the affordable Moseley project by H&amp;T Group. The 41 one, two and three-bedroom apartments match the needs of families, downsizers and young professionals with contemporary design, modern silhouettes and amenities.</p>

<p>The apartment offers private storage, a gym, communal entertaining areas and an electric charging dock.</p>

<p>[smartcode_project:default project_id=25486]</p>

<p><strong>7. Elle, Waitara</strong><br />
Address: 53 Balmoral Street, Waitara NSW 2077<br />
Two-bedroom apartments from $749,000</p>

<p><img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/elle_.jpg" width="1200" /></p>

<p>Located on Sydney&rsquo;s Upper North Shore, Elle provides a prime location for downsizers to enjoy the convenience and style of elite suburban living.</p>

<p>The new residential community boasts free-flowing contemporary living options and landscaped garden space, delivered by Developcorp. Elle is minutes to public transport, quality private schools and Hornsby shops.</p>

<p>[smartcode_project:default project_id=29140]</p>

<p><strong>8. <a href="/buildings/park-avenue-waitara-16-20-park-avenue-waitara">Park Avenue</a>, Waitara</strong><br />
Address: 16-20 Park Avenue, Waitara NSW 2077<br />
Two-bedroom apartments from $649,000</p>

<p><a href="/buildings/park-avenue-waitara-16-20-park-avenue-waitara"><img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/park_av.jpg" width="1200" /></a></p>

<p>Also located in the fast-growing is Park Avenue, offering one and two-bedroom configurations, ideal for investors or downsizers. The spacious residence is located in proximity to Hornsby&rsquo;s amenities.</p>

<p>The residences offer practical layouts, balconies, spacious bedrooms and the relaxed lifestyle of the Upper North Shore community.</p>

<p>[smartcode_project:default project_id=29538]</p>

<p><strong>9. <a href="/new-townhouses/collection-rouse-hill-49-terry-road-rouse-hill">Collection</a>, Rouse Hill</strong><br />
Address: 49 Terry Road, Rouse Hill NSW 2155<br />
One-bedroom apartments from $399,000</p>

<p><a href="/new-townhouses/collection-rouse-hill-49-terry-road-rouse-hill"><img alt="" height="548" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/rouse-hill-1.jpg" width="987" /></a></p>

<p>Downsizing doesn&rsquo;t have to mean smaller either. Collection provides 311 residences in one, two and three-bedroom configurations in Sydney&rsquo;s growing north-west region.</p>

<p>Designed by DKO Architecture, the master-planned offers spacious open-plan layouts, generous entertainer balconies and beautiful views of the surrounding landscape and Berowra Valley National Park.</p>

<p>Rouse Hill&rsquo;s town centre boasts an abundance of amenities and retail offerings, as well as a new metro station that connects residents to Castle Hill, Chatswood and Sydney&rsquo;s CBD.</p>

<p>[smartcode_project:default project_id=6284]</p>


Here are nine apartments on the market in Sydney to match the needs of downsizing couples

Nine of the best downsizer apartments on the market in Sydney

<p>A&nbsp;new&nbsp;wave of luxury apartment living has arrived in Sydney, with&nbsp;buyers seeking high-end&nbsp;amenities and elegant design from new developments.&nbsp;</p>

<p>With many projects now offering communal dining spaces and restaurants on their ground floors, we took a&nbsp;look at five Sydney apartments boasting the&nbsp;most lavish dining areas.<br />
&nbsp;</p>

<p><strong>1. <a href="/buildings/king-phillip-148-160-king-street-sydney">King &amp; Phillip</a>, Sydney</strong><br />
Address: 148-160 King Street, Sydney NSW 2000</p>

<p><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/kingphillip.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="358" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/kingphillip.jpg?itok=SbP0GjXW" width="580" /></a></p>

<p>Formerly the site of the University of Sydney Law School building, the soon to be completed King &amp; Phillip development offers lavish living for Sydney&rsquo;s elite. Delivered by Galileo, the 26-storey building is inspired by nearby colonial-era architecture, featuring natural materials and colonnade.</p>

<p>The luxury development boasts alfresco dining will under the colonnade and Phillip Street terrace, as well as private residents&rsquo; dining and lounge. The aesthetic appeal and timeless quality of the exterior continues seamlessly throughout the residences&rsquo; interiors.</p>

<p>[smartcode_project:default project_id=5938]</p>

<p><strong>2. <a href="/buildings/opera-residences-71-macquarie-street-sydney">Opera Residences</a>, Sydney</strong><br />
Address: 71 Macquarie Street, Sydney NSW 2000</p>

<p><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/operaresidences.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="425" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/operaresidences.jpg?itok=bYGBfocm" width="580" /></a></p>

<p>Amongst Sydney&rsquo;s most luxurious developments on the market today is Macrolink and Landream&rsquo;s Opera Residences. The 19-storey tower offers 104 high-end apartments in Bennelong Point and boasts luxury finishes including Calacatta marble, Gold Portoro marble and travertine.</p>

<p>Designed by Crone Architects, the project will include four levels of restaurant, retail and dining space, with views over the Harbour Bridge, Opera House and the Botanical Gardens.</p>

<p>[smartcode_project:default project_id=6012]</p>

<p><strong>3. <a href="/buildings/the-lennox-12-phillip-street-parramatta">The Lennox</a>, Parramatta</strong><br />
Address: 12 Phillip Street, Parramatta NSW 2150</p>

<p><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/the-lennox-exterior.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the-lennox-exterior.jpg?itok=plV9o672" width="580" /></a></p>

<p>Bordering the Parramatta River and rising 152-metres is Aoyuan International&rsquo;s the Lennox. Featuring luxurious private dining and lounge spaces, as well as ground floor boardwalk restaurants, the Lennox brings countless amenities and luxury to Western Sydney living.</p>

<p>Designed by Marchese Partners, the development boasts floor-to-ceiling glazed windows, winter gardens and a 25-metre lap pool.</p>

<p>[smartcode_project:default project_id=5743]</p>

<p><strong>4. <a href="/buildings/castle-residences-sydney-116-castlereagh-street-sydney">Castle Residences</a>, Sydney</strong><br />
Address: 203 Castlereagh Street, Sydney NSW 2000</p>

<p><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/castleresidences.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/castleresidences.jpg?itok=9l6s6P0w" width="580" /></a></p>

<p>Castle Residences merges high-end apartments with five-star luxury hotel services and amenities, with construction including the refurbishment of the 142-year-old heritage-listed Porter House building.</p>

<p>Designed by Candalepas Associates, the development offers luxurious dining areas, private dining spaces and in-residence catering. Manhattan-style apartments overlook Hyde Park and timeless sculptural alcoves and arches bring together historical and contemporary architecture.</p>

<p>[smartcode_project:default project_id=7758]</p>

<p><strong>5. Central at the Langston, Epping</strong><br />
Address: 12-22 Langston Place, Epping NSW 2121</p>

<p><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/sky_lounge.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="291" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/sky_lounge.jpg?itok=PpHiYAYU" width="580" /></a></p>

<p>Central, the Langston&rsquo;s second stage, offers lavish amenities and luxury residences in Sydney&rsquo;s Epping community. With move-in scheduled for later this year, residents will enjoy the development&rsquo;s Sky Lounge &amp; Dining terrace, as well as a 20-metre pool and wellness hub.</p>

<p>Designed by Architectus, Central offers 180 one, two, three and four-bedroom apartments across 24 storeys, featuring premium appliances, full-height timber-look cabinetry and more than 2,000sqm of communal landscaped gardens.</p>

<p>[smartcode_project:default project_id=29936]</p>

<h2><strong>NSW properties selling now:</strong></h2>

<p>[smartcode_project:default project_id=29392]</p>

<p>[smartcode_project:default project_id=7588]</p>

<p>[smartcode_project:default project_id=6656]</p>


Here are five of Sydney's most lavish communal dining areas offered within apartments on the market right now

Five Sydney apartments with the most lavish communal dining

<html><body>
<p class="Body"><span class="Body__Char">Most of the price data that clutters up the airways is essentially useless information.</span></p>
<p class="Body"><span class="Body__Char">Boffins sitting in an office in Paris look at a number which says “Australian property values rose 9% in the past year” and imagine that tells them something about conditions in the fictitious creature they call the Australian property market.</span></p>
<p class="Body"><span class="Body__Char">Suddenly we have the OECD telling us we’re at risk of a price correction after gazing at Australia through an out-of-focus telescope across a distance of 17,000km. Seriously, these turkeys have no right to even express an opinion. Especially as that opinion is based on a meaningless statistic.</span></p>
<p class="Body"><span class="Body__Char">I’ve read in the past two weeks at least five different figures purporting to describe the median cost of the home in Sydney, ranging from $750,000 to $1 million.</span></p>
<p class="Body"><span class="Body__Char">Most of them are fanciful and inaccurate but that doesn’t stop commentators from giving them enormous import. The walking talking ego generally known as Graham Richardson pontificated that the average Sydney home cost a million dollars and declared that no one could afford that. The statement was inherently absurd because if the Sydney market is raging and a million dollars is the median price, clearly a lot of people can afford it because half of all sales are higher than that median figure.</span></p>
<p class="Body"><span class="Body__Char">The bottom line is: the average, mean or median is not a million dollars. CoreLogic RP Data’s latest figures suggest the median dwelling price for Sydney is currently $752,000. The other bottom line is that this figure is meaningless and misleading when you understand that Sydney has over 700 suburbs with median house prices ranging from $345,000 to $3.46 million.</span></p>
<p class="Body"><span class="Body__Char">It’s particularly meaningless and misleading in this context: first-home buyers can’t afford to pay $752,000 therefore, according to the misinformed, we have an affordability crisis which means we need to scrap negative gearing, ban foreign investment, cut out all first-home buyer grants because apparently they just inflate prices, introduce lending restrictions, call another federal parliamentary inquiry because the 18-month inquiry recently concluded didn’t discover anything new and savage the Federal Treasurer for daring to suggest a good job enhances your prospects of getting a loan.</span></p>
<p class="Body"><span class="Body__Char">The end result: truth, accuracy, balance and fair play just took another hammering - but, hey, lots of newspapers got sold.</span></p>
<p class="Body"><span class="Body__Char">The latest edition of Market Monitor from the Real Estate Institute of Queensland highlights how unhelpful it is to quote a single price statistic for an entire large city.</span></p>
<p class="Body"><span class="Body__Char">CoreLogic RP Data says the home value index for the Greater Brisbane area rose 3.1% in the past 12 months. Domain says the median house price increased 2.8%.</span></p>
<p class="Body"><span class="Body__Char">What do you deduce from that? That the Brisbane market is lukewarm? That growth in the city is anaemic at best? Richardson, in his irresponsible outburst on Sky News last week, declared Brisbane had recorded “no growth for years”.</span></p>
<p class="Body"><span class="Body__Char">You have to look deeper, otherwise you’re wasting everyone’s time.</span></p>
<p class="Body"><span class="Body__Char">Market Monitor shows the median house price for the Brisbane City local government area rose 7.2% in the year to April. So the Brisbane City Council area has been better than the wider Brisbane metropolitan area.</span><span style="line-height: 1.3em;"> </span></p>
<p class="Body"><span class="Body__Char">And many individual suburbs did considerably better than that. Northgate grew 12.7% and Holland Park 13.5%, while Chermside rose 18.4% and Nudgee 17.3%.</span></p>
<p class="Body"><span style="line-height: 1.3em;">A scan of the figures suggests that the middle market suburbs of Brisbane City have done much better than the LGA average, which in turn in much higher than the Greater Brisbane average result.</span></p>
<p class="Body"><span style="line-height: 1.3em;">But media quotes the area average rise, which creates a quite misleading impression.</span></p>
<p class="Body"><span class="Body__Char">If you take the time to look through a report like Market Monitor, there are hundreds of stories about suburban and town markets, all doing different things influenced by local events - oblivious to the level of interest rates or the ignorance of media talking heads or the pompous proclamations of twits working for a bureaucracy based in Europe.</span></p>
<p><em>TERRY RYDER is the founder of <a href="https://www.hotspotting.com.au/" target="_blank">hotspotting.com.au</a>. You can <a href="https://mailto:ryder@hotspotting.com.au" target="_blank">email him</a> or follow him on <a href="https://twitter.com/hotspotting" target="_blank">Twitter.</a> </em></p>
<p>Terry was joined by <em>Property Observer</em> editor at large Jonathan Chancellor yesterday for a webinar on why research is the key to successful property investing in 2015. You can download slides and audio from the webinar here.</p>
</body></html>

terryryder-YECXbqmri2

Accurate price data or useless information? Terry Ryder

<html><body>
<div><span style="line-height: 1.3em;">There's a lot of drivel written about the supply response in Sydney causing a serious property market correction.</span></div>
<div> </div>
<div>It really depends on what property type and locations you're talking about.<br><br>
</div>
<div>Sure, I don't doubt that some of those buying new apartments off the plan in parts of the inner south will see prices fall.</div>
<div> </div>
<div>That's more or less certain to happen when the downturn phase of the cycle ticks around. </div>
<div> </div>
<div>There are some other areas where the market will be flooded by new apartments too, such as around parts of North Sydney.</div>
<div> </div>
<div>There's nothing new or surprising about this.</div>
<div> </div>
<div>But as an owner of property in a suburb like Pyrmont - where the supply of new sites has been totally depleted - it's hard to get too excited by the babble in the media.</div>
<div> </div>
<div>Prices in these parts will only be materially impacted by a lack of capacity to pay, which means very high interest rates (nah) or high unemployment (the unemployment rate in Pyrmont-Ultimo has increased from 2.8% to 2.9% over the past year).<br><br>A fair proportion of units are investor owned, of course, but in the current low interest rate environment cash flows are strong, while vacancy rates remain very low.</div>
<div> </div>
<div>
<div><strong><span style="text-decoration: underline;">Capped supply</span></strong></div>
<div> </div>
<div>To be quite blunt, it has long been obvious that property prices in Pyrmont would soar. </div>
<div> </div>
<div>With the population of Greater Sydney increasing by around 84,200 or so persons per annum - give or take - the demand side of the equation more or less takes care of itself in such a prime location suburb. </div>
<div> </div>
<div>As for new supply...well, there isn't any. </div>
<div> </div>
<div>There is none, because there is nowhere left to build.</div>
<div>
<br>Actually, strictly speaking that's not quite true.</div>
<div> </div>
<div>A <a href="/news">DA was lodged</a> to develop a few dozen apartments at 97 Pyrmont Bridge Road back in May 2013.</div>
<div>
<br>And down the road in the adjacent suburb of Ultimo there was a development application lodged in 2014 to build 50 apartments on Harris Street.</div>
<div> </div>
<div>So, there might be a very slight trickle of new supply in the area.</div>
<div> </div>
<div>
<div>But even though Harris Street is a pretty busy thoroughfare, land prices in these parts have been exploding higher over recent years, and ultimately the price of property is a derivative of the land that sits thereunder.</div>
<div> </div>
<div>The 485 Harris development fetched some $63 million, equating to a price per apartment of more than $1.25 million (in Ultimo!..on Harris Street!).</div>
<div> </div>
<div>So, no, I can't say I worry too much about the supply of apartments causing a price correction in Pyrmont.</div>
<div> </div>
<div>Now the South Dowling precinct on the other hand...the latest inner apartments report from BIS Shrapnel sums it up rather nicely.</div>
<div> </div>
<div><a href="/images/2015/08/06/BIS.jpg" target="_blank">Click to enlarge</a></div>
<div> </div>
<div><img src="/images/2015/08/06/BIS.jpg" alt=""></div>
<div> </div>
<div>
<div>Demand for apartments in Sydney from overseas investors in particular shows "little sign of abating", but there is plenty of supply due to come online in suburbs such as Zetland, Waterloo, Rosebery, Alexandria...and for that matter Mascot, Green Square et al.</div>
<div> </div>
<div><strong><span style="text-decoration: underline;">Apartment completions</span></strong></div>
<div> </div>
<div>Inner Sydney apartment should average around 3,100 per annum over the next few years to 2018 per BIS Shrapnel.</div>
<div> </div>
<div><a href="/images/2015/08/06/BIS4.jpg" target="_blank">Click to enlarge</a></div>
<div> </div>
<div><img src="/images/2015/08/06/BIS4.jpg" alt=""></div>
<div>
<div>But the new supply of apartments in Sydney will be very much skewed towards the inner south and the old urban wastelands around Sydney airport.</div>
<div> </div>
<div>49% of the new inner Sydney apartments will be in the South Dowling precinct, as compared to just 1% in Pyrmont.</div>
<div> </div>
<div><a href="/images/2015/08/06/BIS2.jpg" target="_blank">Click to enlarge</a></div>
<div> </div>
<div><img src="/images/2015/08/06/BIS2.jpg" alt=""></div>
<div><span>Or, to put that graphically:</span></div>
<div><span> </span></div>
<div><a href="/images/2015/08/06/BIS3.jpg" target="_blank"><span>Click to enlarge</span></a></div>
<div><span> </span></div>
<div><span><img src="/images/2015/08/06/BIS3.jpg" alt=""></span></div>
<div> </div>
<div>
<div>Much of property investment is about common sense. </div>
<div> </div>
<div>Invest in the areas where people really want to live but where there is nowhere left to build new supply. </div>
<div> </div>
<div>Unfortunately too many people do precisely the opposite by investing in areas where people don't really want to live and where there are stacks of sites on which to build.</div>
<div>
<br>Same applies in Brisbane by the way!</div>
<div> </div>
<div>Check out the full BIS Shrapnel report <a href="https://www.theurbandeveloper.com/wp-content/uploads/Inner-Sydney-Apartment-Market-Brief-July-2015.pdf" target="_blank">here</a>. </div>
<div> </div>
<div>
<p><span><em>PETE WARGENT is the co-founder of <a href="https://allenwargent.com/" target="_blank" rel="nofollow">AllenWargent</a> property buyers (London, Sydney) and a best-selling author and <a href="https://petewargent.blogspot.com/" target="_blank" rel="nofollow">blogger</a>.</em><br></span></p>
<p><em>His latest book is <a href="https://www.bigskypublishing.com.au/Books/General-Interest/Four-Green-Houses--and-a-Red-Hotel/1015/productview.aspx" target="_blank" rel="nofollow">Four Green Houses and a Red Hotel</a>.</em></p>
</div>
</div>
</div>
</div>
</div>
</div>
</body></html>

pwargent-M4siyDbqQY

A lot of drivel written about Sydney's supply response: Pete Wargent

<html><body>
<p>There’s little doubt that the Sydney slowdown is under way.</p>
<p>I note that the boffin who runs APRA is trying to claim credit for a reduction in investor activity, but the wind-down in Sydney sales volumes pre-dated his misguided measures to prevent investors from buying real estate.</p>
<p>In terms of sales activity, Sydney peaked way back in the December Quarter of 2013. Auction frenzy and price growth has continued because sales levels have fallen away only gradually. And history shows that markets take time to adjust to new circumstances. Sales activity can be falling for six months or more before prices start to react.</p>
<p>Transactions in the March Quarter 2015 were down on the December 2014 Quarter and also below the March 2014 Quarter. The June 2015 Quarter has shown a further gradual decline.<span style="line-height: 1.3em;"> </span></p>
<p>The most telling barometer of the Sydney slowdown is the number of individual growth markets, as revealed by Hotspotting’s quarterly research for the Price Predictor Index. </p>
<p>The February research found 118 suburbs with rising sales activity across the Sydney metropolitan area. The May survey found 72. The latest research finds only 36 suburbs with a growth trajectory.</p>
<p>The dominant market type in Sydney now is what we call “plateau” markets. These are suburbs where sales activity was previously rising, but now sales levels have tapered off – still at a healthy level, but below the peak activity.</p>
<p>This is an indicator that the market is beginning to loose its heat.</p>
<p>Another indicator that the cycle has almost run its course is that the leading growth markets are on the fringes of the metropolitan area.</p>
<p>The leading precincts, still with growth markets, are the Campbelltown (far south-west) and Penrith (far west) municipalities.</p>
<p>Other areas still hanging in there (lots of plateau markets) include the Bankstown, Blacktown and Parramatta municipalities.</p>
<p>Yet another sign that the boom cycle has moved on is the performance of regional New South Wales markets. I’ve reported previously that Sydney’s momentum has rippled out into regional centres – firstly those close to Sydney, like Wollongong, Gosford and Newcastle, and more recently those further afield.</p>
<p>The latest survey shows that Regional NSW has considerably more growth markets than Sydney does – almost double the number, in fact. </p>
<p>Sydney is declining, but doesn’t know it, while the state’s regional cities are increasingly buoyant.</p>
<p><span style="line-height: 1.3em;">Tuned-in investors will have moved on from Sydney some time ago. The price growth of the near future will be found in places like Port Macquarie, Albury, Goulburn, Coffs Harbour and Tweed Heads.</span></p>
<p><em> </em></p>
<p><em>TERRY RYDER is the founder of <a href="https://www.hotspotting.com.au/" target="_blank">hotspotting.com.au</a>. You can <a href="https://mailto:ryder@hotspotting.com.au" target="_blank">email him</a> or follow him on <a href="https://twitter.com/hotspotting" target="_blank">Twitter.</a></em></p>
</body></html>

Sydney

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Sydney

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News