Sherpa Group is ramping up its investment in the southern Gold Coast by lodging a development application for <a href="https://www.apartments.com.au/new-apartments/flourish-viver-87-griffith-street-coolangatta-qld-4225">Flourish Viveré</a>, a new $350 million project in Coolangatta.

The move comes after the group’s $27 million acquisition of the 2,029 sqm site on the corner of Griffith and Warner Street, last year.

They will develop 194 apartments across a 26-storey tower, which will become Sherpa’s largest project to date.

Viveré will be the next chapter in the Flourish story, following closely behind Amargo, Oasis, and the Avenues in Palm Beach, as well as Symphony in Brisbane, all designed to deliver affordable housing in lifestyle-rich locations, giving locals a real chance to secure a residence close to the beachfront.

The HAL Architect-designed project will offer a diverse range of residences, from one-, two, and three- bedroom apartments to the premium Canopy range to luxury penthouses.

<img alt="Vivere" data-entity-type="file" data-entity-uuid="c85f5a7e-a22f-4745-8def-400adb3c0b35" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-15%20at%209.53.43%E2%80%AFAM.png?VersionId=OY.chur3BPExn1exQ2q8clHqWnW_CaBi" />

“The Gold Coast is undergoing a period of immense growth, with more people drawn to the incredible 
lifestyle that’s available, leading to strong growth in property prices,” said Christie Leet, founder of Sherpa 
Group.

“Our goal at Sherpa is to ensure locals are not priced out of the market in prime locations, which is why we 
created the Flourish collection.

“Flourish Vivere will form the next chapter in our portfolio, and we are so excited to be lodging the DA, marking our first project in Coolangatta.”

A signature of the Flourish developments is the communal rooftop. Flourish Vivere will showcase a private resident’s lounge, outdoor dining with barbecues and pizza ovens, heated pool, fully-equipped gym, and a wellness centre with sauna and steam room.

<img alt="Vivere" data-entity-type="file" data-entity-uuid="c09372cc-aae6-4458-af2e-f291bd19a5e5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-15%20at%209.53.49%E2%80%AFAM.png?VersionId=Sc_RLXl5jiff.tnadogXjQJ_WIpDjf3p" />

The project is strategically located to offer a walkable lifestyle, with the Strand shopping centre, cafes, restaurants, shops and the beach, all just a short stroll away.

“We have meticulously planned Vivere to build on the Flourish legacy, creating a truly special project,”&nbsp;Leet added.

“Wellness, lifestyle and community are at the forefront of every decision we make, and that has not 
changed for Vivere.”

With the DA now lodged with the Gold Coast City Council, Sherpa has moved quickly to secure LPS Group as the builder, offering buyers a level of certainty that is rarely seen in today’s market.

Sherpa has delivered 16 residential projects over the past seven years with a pipeline of $1 billion, with more under construction.

Joel Robinson

Sherpa takes Flourish brand to Coolangatta, lays plans for Flourish Vivere 

S&amp;S Projects is boosting its investment at Rainbow Bay to more than $1 billion after the prolific Gold Coast developer acquired a new site for $20.25 million and immediately laid plans for a new luxury apartment project in the sought-after precinct.

The site, which is the company’s fifth acquisition at Rainbow Bay in the past four years, will be home to the company’s largest project to date after delivering 3 sold-out projects and construction progresses on Radia worth a combined $215m. 
S&amp;S Projects is currently finalising plans for its latest strategic acquisition, a 1,518 sqm site located 209-213 Boundary Street in Coolangatta, with a development application expected to be lodged within weeks.

The luxury residential development will build on the company’s highly successful projects at Rainbow Bay, comprising Flow, Awaken, Esprit and Radia, with Radia currently under construction by Hutchinson Builders.

“We have been unflinching in our commitment to Rainbow Bay and the transformation we have helped drive in this incredible part of the Gold Coast, which is among the city’s most desirable residential locations,” said S&amp;S Projects founder and director Paul Gedoun.

“Our fifth project will reflect the best of what we have done so far to create a lifestyle precinct that is second to none.”

The latest development, which has yet to be named, is proposed to accommodate 88 luxury apartments in a design that will immerse residents in a unique wellness lifestyle that expands on the legacy of S&amp;S Project’s earlier developments at Rainbow Bay.

The development will feature an expansive rooftop garden and wellness centre with a resort- style pool, among a host of lifestyle amenities planned for residents.

“Rainbow Bay, with its beautiful, protected beach and alongside one of the world’s best surf breaks at Snapper Rocks, is the natural wellness heartland of the Gold Coast,” said Gedoun.

“We are taking every advantage to create a truly unique rooftop wellness experience with a natural feel for residents, offering stone features throughout and an underlying theme that emulates a botanical garden.”

The latest acquisition comes as S&amp;S Projects is at the completion of Esprit and construction continues on Radia, which are part of their significant portfolio undertaken by the company at Rainbow Bay since 2022.

The $215 million Radia, which comprises 38 apartments, is currently the flagship development by S&amp;S Projects at Rainbow Bay which is expected to be completed in 2027.

Jayde Pezet, of Pezet Matheson, which has managed sales and marketing for S&amp;S Projects across their Gold Coast portfolio, emphasised the developer’s commitment to continuous improvement and excellence.

“S&amp;S Projects continue to elevate the benchmark of luxury with each development," Pezet said.

“We have worked with S&amp;amp;S on their 4 other projects in Rainbow Bay and their approach reflects a team that is constantly learning, refining, and pushing the standard higher.

“Their hyper-local knowledge and deep expertise within the luxury property sector are what truly set them apart, allowing them to deliver projects that feel both globally sophisticated and authentically connected to their coastal environment”

S&amp;S Projects plans to officially launch its latest project at Rainbow Bay in the second half of this year.

“As we embark on our largest project yet, we have pulled out all stops to create another landmark development that truly reflects the relaxed southern Gold Coast lifestyle,” Gedoun added.

S&S buys $20m Rainbow Bay site for fifth beachside apartment project

Japandi, an emerging design trend that combines Scandinavian functionality with Japanese rustic minimalism, remains relatively untested in Australia’s residential development market.

As developers look to differentiate their projects and offer something distinct to buyers, Brisbane-based developer Lantona has embraced the hybrid style for its recently launched Toowong apartment project, <a href="https://www.apartments.com.au/new-apartments/koya-residences-6-josling-street-toowong-qld-4066">Koya Residences</a>, with early response to the design proving positive.

Lantona entrusted Red Door Architecture and interiors practice Luma Design Co with delivering the Japandi brief. The approach blends Japanese minimalism with Scandinavian functionality, emphasising warm, restrained interiors, natural materials and clean lines. Drawing on the Japanese concept of wabi-sabi (beauty in imperfection) and the Scandinavian principle of hygge (comfort and cosiness), it creates serene, uncluttered and sustainable living environments.

These design principles are expressed throughout the Josling Street development, both in its exterior form and across the 40 one-, two- and three-bedroom residences within.

[smartcode_project:default project_id=150787 project_image_fid=366229]

Koya reflects a deliberately scaled approach, with the five-storey form designed to align with the surrounding residential streetscape rather than dominate it.

“Koya is conceived as a building that sits comfortably within its surroundings. Every decision, from material selection to spatial planning, has been guided by long-term liveability and enduring relevance,” the developer said.

[smartcode_project:default project_id=150787 project_image_fid=366243]

Positioned within an established inner-west neighbourhood, the development sits near riverfront parklands and the Bicentennial Bikeway, while remaining within walking distance of Toowong Village and multiple public transport options connecting to the CBD, St Lucia and West End.

Lantona said the location was central to the project’s conception, pointing to Toowong’s balance of green space, transport access and proximity to major education institutions.

“<a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> combines river access, walkability, immediate CBD connection and a strong educational presence. That balance made it the obvious setting for Koya.”

[smartcode_project:default project_id=150787 project_image_fid=366230]

Communal amenity is concentrated on the rooftop, where a shared retreat will include a pool, dining areas and outdoor spaces oriented towards neighbourhood and city views. The design allows for both private use and small gatherings, extending the living environment beyond individual apartments.

Koya enters the market at a time when smaller-scale developments are becoming less common in established suburbs, with many recent projects in the suburb shooting for the sky.

In a nod of confidence,&nbsp;<a href="https://www.apartments.com.au/builders/brisbane-builders">Brisbane Builders</a>&nbsp;has already commenced construction on the building, which is slated for completion in early 2027. Keenan &amp; Byrne is marketing Koya.

[smartcode_project_cta:default project_id=150787]

Japandi-inspired Koya Residences launch in Toowong

<section data-scroll-anchor="false" data-testid="conversation-turn-6" data-turn="assistant" data-turn-id="request-WEB:ca872054-bfe3-4cc5-a2c8-b373d4dfeafb-2" dir="auto">
A completed Castle Hill apartment development is returning to market with an uncommon level of financial backing, positioning it as one of the more secure options for buyers in Sydney’s north-west.

Skyview in Castle Hill, originally developed by Top Place and now overseen by capital partner <a href="https://www.apartments.com.au/developers/equitifund-group">Equitifund</a>, is being relaunched following a full remediation process. Central to its repositioning is a substantial financial reserve designed to provide ongoing protection and reduce uncertainty for incoming purchasers.

At the core of this offering is an $11 million bond secured during the project’s remediation phase, negotiated by former NSW Building Commissioner David Chandler. With less than $4 million required to complete the works, approximately $7.2 million remains in reserve, with around 15 years left on the term.

[smartcode_project:default project_id=147685 project_image_fid=359134]

Rather than a typical insurance-backed structure, the remaining funds are held as cash, creating a readily accessible financial buffer should any future building issues arise. The structure is intended to provide buyers with an added layer of certainty, differentiating the development from more conventional apartment offerings.

Equitifund Executive Chairman Greg Huxley said the structure provides a level of security not typically seen in apartment developments.

“The $11 million bond established for the Skyview Castle Hill development represents exceptional value, providing genuine financial security for purchasers,” Huxley said.

“Unlike a standard insurance policy, this bond consists of real funds held in trust for the Owners Corporation, offering a tangible layer of protection and added peace of mind.”

[smartcode_project:default project_id=147685 project_image_fid=359135]

The remediation process has now been completed in full, with no active rectification orders or outstanding directives linked to the project on NSW Government registers. This outcome reflects the broader tightening of building oversight across the state, while also highlighting the project’s transition into a completed, compliant asset.

In a market where many buyers remain cautious about apartment quality, initiatives like this are designed to restore confidence, giving purchasers greater certainty and a stronger sense of security in their investment.

Equitifund has since acquired the remaining apartments and is managing their reintroduction to the market. With the works finalised and a significant financial reserve in place, the project now presents with a markedly different risk profile compared to its initial release.

[smartcode_project:default project_id=147685 project_image_fid=359137]

Beyond the added security, the development is positioned in one of Castle Hill’s more established pockets. The Gay Street address places it within close proximity to Castle Towers, one of the country’s largest retail centres, as well as Castle Hill Metro Station, which now connects directly to the broader Sydney Metro network.

Equitifund National Sales Director Ben Hamblett said buyer demand in the area continues to be driven by access to transport and amenity.

“Interest from both owner-occupiers and investors in Castle Hill remains exceptionally strong, with buyers consistently prioritising developments in close proximity to the Metro station and Castle Towers Shopping Centre,” Hamblett said.

“There is a clear trend in the market, with purchasers seeking convenient access to transport and lifestyle amenities that support a seamless, low-maintenance way of living.”

[smartcode_project:default project_id=147685 project_image_fid=359145]

The apartments also enter the market at a relatively accessible price point for the area, with two-bedroom configurations starting from $995,000 and rental demand for similar stock reaching around $900 per week. This combination of pricing, connectivity, and completed status is expected to appeal to both owner-occupiers and investors seeking lower-risk entry into the Hills District apartment market.

For eligible buyers, a limited 3.50 per cent p.a. two-year fixed interest rate is currently available through Equitifund’s lending partners, providing an additional layer of affordability.

EquitiCredit Pty Ltd ACN 676 363 769 holds ACL 559289 and provides credit assistance. Finance is arranged through EquitiCredit and funded by its lending partners. Interest rates are subject to change and eligibility criteria apply. Terms, conditions, fees and charges may apply. This is not financial advice and should not be relied upon as such. Prospective buyers should seek independent financial advice.

[smartcode_project_cta:default project_id=147685]
</section>

Castle Hill apartments offering unmatched buyer protection through dedicated fund

A State-Assessed Rezoning Proposal for the Kurnell Peninsula is now on public exhibition, setting out a plan to deliver up to 4,300 homes alongside new retail, tourism and public open space on a 210-hectare coastal site.

The proposal, backed by the Minns Labor Government, would transform a former sand mining area along Captain Cook Drive into a mixed-use precinct delivered over approximately 20 years.

In addition to housing, the plan includes more than 7,000 sqm of retail and commercial space, new community facilities and approximately 116 hectares of open space, equating to more than half the site.

<img alt="Kurnell" data-entity-type="file" data-entity-uuid="ce1c6567-1df0-4de0-9fe5-a76be0367834" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-13%20at%209.11.51%E2%80%AFAM_0.png?VersionId=dbbTmYaJvROA5fkQbgaxis8cmFwtpB5_" />

<hr data-end="849" data-start="846" />
<h2 data-end="902" data-section-id="ony3l3" data-start="851">Rezoning framework enables mixed-use development</h2>

The rezoning application seeks to amend planning controls under the State Environmental Planning Policy (Precincts—Central River City) and the Sutherland Shire Local Environmental Plan 2015.

Its primary objective is to enable a broader range of land uses across the site, including residential, employment, tourism and community uses, while also formalising environmental protections and land management outcomes .

The proposal has progressed through the state-led rezoning pathway after being identified as a project of regional significance, supported by several years of technical studies and agency consultation .

Development would occur in stages, aligned with the progressive closure and remediation of the existing sand mine.

<hr data-end="1718" data-start="1715" />
<h2 data-end="1768" data-section-id="krwii9" data-start="1720">Master plan structured around three precincts</h2>

The accompanying urban design report outlines an indicative master plan that divides the site into three primary precincts, anchored by a town centre in the western portion of the site.

The town centre is planned as the first stage of development, located on land that has already been remediated. It is intended to accommodate higher-density housing, retail, and community uses.

<img alt="Kurnell" data-entity-type="file" data-entity-uuid="4bfd5873-4847-4105-b220-0a30c96f5573" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-13%20at%209.20.09%E2%80%AFAM.png?VersionId=7aVaSsZLAc6mElSH4g6Ct5bGsNxZcnPL" />

Additional precincts extend toward Bate Bay and Boat Harbour, with built form responding to environmental conditions and proximity to the coastline.

The design framework identifies distinct local character areas, with the master plan structured to reflect “unique natural qualities” across the site.

<hr data-end="2495" data-start="2492" />
<h2 data-end="2544" data-section-id="1vitwqn" data-start="2497">Open space forms core of the design approach</h2>

A key component of the proposal is the allocation of approximately 116 hectares to open space and ecological land.

This includes:

<ul data-end="2846" data-start="2678">
	<li data-end="2702" data-section-id="d96caj" data-start="2678">Three district parks</li>
	<li data-end="2723" data-section-id="17y6uz6" data-start="2703">Nine local parks</li>
	<li data-end="2741" data-section-id="14hui00" data-start="2724">Sports fields</li>
	<li data-end="2778" data-section-id="ts7psx" data-start="2742">Coastal and ecological corridors</li>
	<li data-end="2846" data-section-id="agduax" data-start="2779">Two kilometres of publicly accessible beachfront along Bate Bay</li>
</ul>

The urban design report positions this open space network as central to the structure of the development, rather than ancillary to it.

It is intended to support ecological regeneration, provide recreational amenity and create a connected network across the peninsula.

The plan includes north–south ecological corridors, expanded wetland systems and pedestrian and cycling links designed to connect residential areas to the coastline and open space areas .

<hr data-end="3347" data-start="3344" />
<h2 data-end="3381" data-section-id="ql66rt" data-start="3349">Housing mix and affordability</h2>

The proposal includes approximately 4,300 dwellings across a range of housing types.

This includes high-density apartments, medium-density housing, townhouses and seniors housing.

Affordable housing provision is identified at approximately 240 dwellings, alongside a smaller component of social housing.

The master plan emphasises housing diversity, with the intent of accommodating a range of household types and age groups within the development.

<img alt="Kurnell" data-entity-type="file" data-entity-uuid="d4baba4d-b5b0-4a86-bcad-5d319b036184" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-13%20at%209.11.59%E2%80%AFAM.png?VersionId=udYFz0q8tjEPR3pmKLHRSFRJN4dKakPO" />

<hr data-end="3877" data-start="3874" />
<h2 data-end="3919" data-section-id="rgckdv" data-start="3879">Built form controls and height limits</h2>

Proposed building heights across the site range from three to 12 storeys.

These controls are set out within the rezoning application and are intended to manage visual impact, maintain view corridors and ensure compatibility with the coastal landscape.

Floor space ratios and height limits are applied across different parts of the site to reflect varying environmental conditions and proximity to open space and the coastline .

Higher density is generally concentrated within the town centre, with lower-scale development toward the coastal edge and environmentally sensitive areas.

<hr data-end="4548" data-start="4545" />
<h2 data-end="4588" data-section-id="1minlda" data-start="4550">Retail, tourism and employment uses</h2>

In addition to residential development, the proposal includes retail, commercial and tourism uses.

This includes:

<ul data-end="4896" data-start="4706">
	<li data-end="4775" data-section-id="1jrun76" data-start="4706">Approximately 7,000–9,800sqm of retail and commercial floor space</li>
	<li data-end="4803" data-section-id="10kyifw" data-start="4776">A full-line supermarket</li>
	<li data-end="4830" data-section-id="fz1hdg" data-start="4804">Food and beverage uses</li>
	<li data-end="4896" data-section-id="1aqg2fj" data-start="4831">Tourism accommodation, including hotel and short-stay options</li>
</ul>

The proposal also identifies employment outcomes, with the development expected to support jobs both during construction and in ongoing operations.

These uses are concentrated within the town centre and key activity areas across the site.

<hr data-end="5142" data-start="5139" />
<h2 data-end="5172" data-section-id="162x2kt" data-start="5144">Infrastructure and access</h2>

The proposal includes upgrades to Captain Cook Drive, which provides the primary access to the peninsula.

These upgrades are intended to improve traffic flow and support emergency access.

The transport strategy also incorporates:

<ul data-end="5529" data-start="5407">
	<li data-end="5433" data-section-id="fanquy" data-start="5407">Internal road networks</li>
	<li data-end="5469" data-section-id="o6y80y" data-start="5434">Walking and cycling connections</li>
	<li data-end="5529" data-section-id="jgraft" data-start="5470">Proposed public transport routes and bus stop locations</li>
</ul>

The rezoning report includes detailed analysis of transport, flooding, and infrastructure requirements to support the staged development of the site .

<hr data-end="5723" data-start="5720" />
<h2 data-end="5769" data-section-id="14urh3" data-start="5725">Environmental and cultural considerations</h2>

The site is identified as having environmental and cultural significance, including areas of ecological value and Aboriginal archaeological sensitivity.

The proposal includes measures to protect and enhance these areas, including:

<ul data-end="6230" data-start="6004">
	<li data-end="6056" data-section-id="1pzyouo" data-start="6004">Retention and regeneration of coastal vegetation</li>
	<li data-end="6100" data-section-id="bjn2vz" data-start="6057">Strengthening of biodiversity corridors</li>
	<li data-end="6148" data-section-id="1bpeyoj" data-start="6101">Protection of riparian systems and wetlands</li>
	<li data-end="6230" data-section-id="lg0cka" data-start="6149">Integration of cultural interpretation and recognition of Indigenous heritage</li>
</ul>

The urban design report also outlines opportunities for incorporating Indigenous cultural elements into public spaces and landscape design.

<hr data-end="6893" data-start="6890" />
<h2 data-end="6908" data-section-id="w7rk5f" data-start="6895">Next steps</h2>

The proposal is currently on public exhibition, with submissions open to the community. Feedback received during this period will inform the Department of Planning’s assessment of the rezoning.

If approved, the rezoning would establish the planning framework for future development applications across the site.

<hr data-end="6893" data-start="6890" />
<h2 data-end="6908" data-section-id="w7rk5f" data-start="6895">What the NSW Government says</h2>

Minister for Planning and Public Spaces Paul Scully said the planned closure of the sand mine and remediation of the Kurnell Peninsula presents an exciting opportunity to transform the area.

“This proposal envisions a vibrant new beachfront community with thousands of new homes, jobs and great open space in the Sutherland Shire. I encourage the community to have their say during the public exhibition period. Feedback from the community will play an important role in the assessment of the proposal.”

Sydney's newest beachfront city: NSW Gov to unlock 4,300 new homes on Kurnell peninsula

Tarneit

The Melbourne-based property development and investment group,&nbsp;SIG Group, has acquired a second site in Tarneit, in Wyndham&#39;s booming growth corridor.

The 162 hectare site will see another 2,300 lots added to SIG Group&#39;s pipeline in the area.

Located within the Oakbank PSP, the site will offer land and townhomes, with premium lots fronting parks and the riverfront.

Located a stone&rsquo;s throw from the new $150 million Wyndham City Stadium, set to be a major activity centre for Melbourne&rsquo;s west, the estate will also benefit from the proposed Sayers Road train station, with the State Government set to fast-track construction to service the future stadium and growing suburb.

Director at SIG Group Hugh Lu said the new project will provide an unrivalled offering in regards to amenities and green open spaces, with the Werribee River running along the site&rsquo;s western edge.

&ldquo;Future residents will have access to state-of-the-art amenities, right on their doorstep, while immersing themselves in nature via purpose-built wetlands and river frontages.

&ldquo;The future Sayers Road train station means residents will be highly connected to Melbourne&rsquo;s CBD, while being walking distance to the major activity centre of the Wyndham City Stadium.&rdquo;

The acquisition signals the second Tarneit site for SIG, following the acquisition of a 56-hectare site on Derrimut Road earlier this year.

Known as Harlow, the master-planned community will dedicate over 10-hectares to a future sports reserve, waterways and wetlands, and to create a local park.

With just under 30-hectares of developable area, Harlow is expected to comprise around 600 lots and will offer land, as well as premium medium density townhouses, including premium homes with direct frontage to waterways and parkland.

Over 12-hectares will be retained by Al-Taqwa College to develop a new campus, while the Islamic-schools&rsquo; Truganina campus is just a short drive away. A government primary school is also earmarked for the site and a future community facility.

&ldquo;Tarneit is a rapidly expanding suburb, with the population forecast to grow exponentially over the next 20 years, these two sites collectively will cater to this population boom,&rdquo; Lu added.

According to the ABS, the population of Tarneit is forecast to increase by 229.5 per cent between 2018 and 2041, with the number of people living in Tarneit increasing to 115,763 within 20 years time.

Located within the Oakbank PSP, the site will offer land and townhomes, with premium lots fronting parks and the riverfront.

SIG Group secures Tarneit land and townhome site, plans 2,300 lots

Only a quarter of the 26 townhouses on offer in the Tarniet townhouse development, Onyx Estate, are left to sell.

Set for completion in late 2022, the&nbsp;Heiyu Groups, Times Fund development comprises a series of two and three-bedroom townhomes in an established part of Tarneit, west of Melbourne.

The contemporary double-storey townhouses are located in an established area&nbsp;of Tarneit, a 35 minute drive from the Melbourne CBD.

[smartcode_project:default project_id=108728 project_image_fid=179572]

3 Onyx Way is within a stroll of the local shopping strips and less than five&nbsp;minutes from a number of schools, including&nbsp;Tarneit Rise Primary School and Tarneit P-9 College.

It is a short drive to private schools like Good News Lutheran College &amp; Westbourne Grammar School.

There are multiple bus stops and the Tarneit&nbsp;train station close by.

[smartcode_project:default project_id=108728 project_image_fid=179573]

Also within walking distance are lush&nbsp;parklands, a hallmark of the area&nbsp;with parks, as well as walking&nbsp;and bicycle trails.

Prices start from $480,000 for the two-bedroom townhouses.

[smartcode_project_cta: project_id=108728]

The contemporary double-storey townhouses are located in an established area of Tarneit, a 35 minute drive from the Melbourne CBD

jordan_55689

Onyx Estate townhouses in Tarneit 75% sold

Satterley has added to its Melbourne house and land development pipeline with a permit-ready Tarneit site with sales underway.

The 45.9 hectare new masterplanned community was bought from New Sky Group in March.

Stage one has already been sold when marketed as Bluestone with stage two lots currently being offered ranging from 212sqm to 512sqm.

Stage four pricing has been advised such as lot 418 Equestrian Street, a 448sqm holding with 14m frontage and 32m depth price at $407,000.

The 800 Derrimut Road holding cost $54,688,888.

&nbsp;With more than 40 years of experience, Satterley is Australia&rsquo;s largest private residential developer.

New Sky had paid $33m in 2016 before obtaining a permit for a 417-lot subdivision.

New Sky sold another 38 hectare Tarneit holding for $50 million to Stockland.

New Sky Group sold the 45.9 hectare holding 24kms from the Melbourne CBD

jchancellor-FAypfDUnLy

Satterley buys permit-ready Tarneit house and land estate site

<html><body>Stockland has added to its residential pipeline with a western Melbourne site.

It has purchased the undeveloped portion of the Grand Central community at Tarneit in Melbourne.

The acquisition within the western growth corridor – 33 kilometres west of Melbourne’s CBD – cost around $50 million.

The 38 hectare site will see Stockland create 493 new homes within the existing community.

Stockland will commence development, marketing and sales following settlement.

“This acquisition enables us to extend our strong brand presence in Melbourne’s western growth area which accounts for more than one third of all Melbourne’s land sales and saw sales double in the 12 months to December 2020," Stockland’s general manager of residential for Victoria, Mike Davis said.

Stockland has over $2.7 billion invested in Victoria delivering some of the State’s most affordable communities, including Highlands in Craigieburn and Mount Atkinson and Grandview in Truganina.

“This acquisition enables us to extend our strong brand presence in Melbourne’s western growth area which accounts for more than one third of all Melbourne’s land sales and saw sales double in the 12 months to December 2020," he said.

There is a range of future amenity planned around the community as part of the Victorian Planning Authority’s Riverdale Precinct Structure Plan, including the Riverdale railway station, a major town centre and a regional indoor recreation facility.

</body></html>

It has purchased the undeveloped portion of the Grand Central community at Tarneit

jchancellor

Stockland adds western Melbourne Tarneit site to its residential pipeline

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Bordered by both the Davis Creek and Werribee River waterways, The Grove Estate is set in a picturesque community setting, surrounded by nature, setting the new standard for location, choice and services in the highly sought after Tarneit. Tarneit is the heart of Melbourne's fastest growing Western corridor, where a modern and family-friendly lifestyle by the river is waiting for you.

<figure><a href="/developments/tarneit-vic-3029"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the-grove-estate-180-davis-road-tarneit-4dab7c011418cb2f29cad99fabef7af9.jpg?itok=QpQ0UajA" style="width: 580px; height: 326px;"></a></figure>Offering a natural and relaxed atmosphere, the community is located just moments from the future Tarneit train station and will create services direct to Melbourne's CBD, about 31 kilometres away. Convenience comes first at The Grove, with leading schools, growing town centres and shopping precincts and highly walkable parkland and wetland areas, perfect for relaxing or entertaining family and friends over a BBQ.

<figure><a href="/developments/tarneit-vic-3029"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the-grove-estate-180-davis-road-tarneit-2177e2708f3a3c1f47be261f2765df6b.jpg?itok=rwRAFwPt" style="width: 580px; height: 415px;"></a></figure>The three and four-bedroom homes on offer at The Grove Estate include:

<ul>
<li>20mm stone benchtops to all wet areas</li>
	<li>Laminate timber flooring</li>
	<li>European stainless steel appliances</li>
	<li>LED downlights throughout</li>
	<li>Air conditioner to living area &amp; master bedroom</li>
	<li>Remote controlled panel lift garage door</li>
	<li>Front &amp; rear landscaping</li>
	<li>Letterbox, clothesline, antenna</li>
</ul>
<figure><a href="/developments/tarneit-vic-3029"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the-grove-estate-180-davis-road-tarneit-5a5fdc6ecd1401b5fbd416787861ac94.jpg?itok=greLZem7" style="width: 580px; height: 326px;"></a></figure>With distinct neighbourhoods, a range of lots for all budgets, and an already well-established community. Discover life by the river soon.
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urban.com.au

Tarneit -  Discover life by the river at The Grove Estate

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New land estates within the Melbourne suburbs of Tarneit, Truganina, Wyndham Vale, Williams Landing and Werribee provide an affordable option for first home buyers, according to HTW’s Month in Review: March 2017. 
The valuation firm says the median house sale price in January 2017 was $480,000 in Tarneit, $492,000 in Truganina, $353,885 in Wyndham Vale, $461,000 in Williams Landing and $450,000 in Werribee, according to CoreLogic RP Data.
“These median sale prices are much lower than the Melbourne metro median house price of $770,000 recorded for the December 2016 quarter by the REIV,” HTW says.
With prices in the region climbing, HTW suggests that first home buyers may wish to look further afield to establish their foothold on the property ladder.
“Although the inner suburbs are proving difficult for first home buyers, the outer western suburbs provide great opportunities for first home buyers,” it says.
A three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-tarneit-124919526" target="_blank">59 Emperor Parade</a>, Tarneit (above) has been listed for $475,000 to $510,000.
Similarly a three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-tarneit-124911034" target="_blank">2 Governor Close</a>, Tarneit (below) has been listed for between $450,000 to $490,000.
<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/2017/03/10/2%20Governor%20Close.jpg" alt="">
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jonathanchancellor-7SQnKwU6yx

Tarneit and Truganina estates are first home buyer targets: HTW

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Following the launch of Tarneit's latest mixed-use precinct development, Keystone, Urban.com.au caught up with Akron Property Development Director Andrew Harvey about the importance of creating highly walkable, connected communities – and essentially prioritising place over product.

Urban.com.au: Congratulations on the launch of Keystone, Tarneit! What drew you to this site in particular?

Andrew Harvey: Akron is pleased that Wyndham understood our vision for a highly walkable, connected community to be established that brings a variety of attractive inner-urban features to this suburb.  The Planning Permit for Keystone is the result of a year of planning, urban design and detailed engineering investigations in consultation with Wyndham City Council. Akron was attracted to Tarneit because it is exceptionally well-positioned for future growth. Keystone is only 26 kilometres from the Melbourne CBD and is very close to Werribee, Hoppers Crossing and Williams Landing.  Keystone is already surrounded by established schools, shopping and community infrastructure.  Coupled with the State commitment to upgrade the adjacent railway with future station builds, the site will be an easy walk from two future railway stations at Riverdale and Tarneit West. 

U: When acquiring a site in an outer suburb, do you believe interest will be generated from those looking to commute to/from the CBD or buyers that are keen to live, work and play in Tarneit?

AH: Tarneit won’t be an outer suburb for much longer!  People who know the Western suburbs will know that Tarneit and Werribee are poised to tap into the economic development that will follow from State and local economic investment. Investors and our Keystone residents will be attracted by the close proximity to the CBD, and the established infrastructure close by.  Easy road or rail access exists to the City, Werribee, Geelong and growth areas such as Melton and Bacchus Marsh to the north.  Tarneit has simple access via the Princes Freeway to the Bellarine Peninsula and Surf Coast, enabling a genuine work-life balance.

U: If Melbourne is to become a polycentric city, do you believe the City of Wyndham is equipped to handle the urban sprawl, and accommodate the needs of new residents? 

Wyndham City has tremendous potential.  Wyndham City is one of Australia’s fastest-growing municipalities, expected to almost double in size by 2041. It is well placed on the road and rail links between Melbourne and Geelong, making it an area of great economic significance that extends beyond its own region, impacting the rest of the state and Australia. Affordable housing, geographic appeal, high birth rates, increased migration and major infrastructure investments are driving forces behind Wyndham’s position as the epicentre of western Melbourne’s population growth. This growth will transform Wyndham from a City of 257,000 people in 2018 to nearly double in size to 489,000 by 2041. According to ABS data between 2016 and 2017, Wyndham was Victoria’s largest growing municipality, increasing its population by 14,092 people, or 6.2%.

What local infrastructure is currently on the cards in the areas surrounding Keystone?

In December 2018 the Western Melbourne Group (WMG) obtained a licence from Football Federation Australia (FFA) to field a team in the national A-league, the Western United Football Club. As part of a public-private-partnership development with Wyndham City Council, WMG will deliver an international standard sporting precinct just to the west of Keystone which will include a 15,000 seat main stadium, a 5,000 seat second stadium, training pitches and high-performance centre. Adjacent to the sporting precinct on the southern side of the site, Council will also deliver the Riverdale town centre. With all of this proposed work, the construction of the Sayers Rd Railway Station in Tarneit needs to be brought forward to capitalise on this economic development opportunity. Delivering this station will allow for greater access to the privately funded 15,000 seat stadium being built and will enable business and communities in the area to thrive. The future Riverdale Railway Station at Sayers Road and the proposed Tarneit West station on Davis Road are either side of Keystone and are both within a two-kilometre stroll.

How has the urban planning agency Roberts Day assisted with the master planning process of Keystone, and what were the key takeaways from their input?

We wanted visionary urban design and planning and through our work with Roberts Day, we have tapped into best practice design philosophies through the thought leadership of Mike Day and Emma Petersen.  Placemaking has been a focus, not a cookie-cutter subdivision mentality. We wanted to bring some of the best of the city to Tarneit, and a phrase we use is “more urban than suburban”.  A key focus of this development is the evolution of specially designed elevated townhome lots, fronting leafy, tree-lined boulevards where walking, cycling and conversation with your neighbour are given higher importance.  Landscaped rear laneways, with studios above garages, will give these lots an element of lifestyle flexibility not seen in surrounding suburbs. The Keystone design will promote safer walking and cycling to school, shops and recreation as a fundamental part of everyday activity.  We can‘t wait to do some longer-term studies to measure the positive impact that our design will have on the health and wellbeing of our future residents.

Do you believe that there is enough incentive for developers to create precincts which have a strong community focus like Keystone? Or is it primarily down to company ethos?

The recent correction in the housing market means that the “fear of missing out” has lessened, and astute buyers can take their time to understand what makes a quality development.  Akron has set its ethos on seeing beyond the present day, and we want to leave a legacy of good design and great places for people to make home. Akron partners with like-minded visionary and enthusiastic design teams to incorporate leading design principles, and we try to bring the best of our favourite places in Melbourne and around the world to each Akron neighbourhood.  If we don’t design places that we’d like to live in, how can we expect others to understand our vision and make Keystone home? Akron recognises that systems like the Green Building Council of Australia’s Green Star Rating, and the UDIA EnviroDevelopment certification can be badges which verify Akron’s commitment to sustainability and independently certify the quality of our Keystone vision. 

<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/akron_linkedin_blog_1.png" rel="gallery-all" title="Akron Property team"><img alt="" class="image-article-full-width-580px" height="304" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/akron_linkedin_blog_1.png?itok=gJafKYQj" title="Akron Property team" width="580"></a>

<figcaption>Akron Property team</figcaption></figure>How do you see Keystone evolving over the years?

Akron is committed to early provision of community infrastructure, and the Riverdale North Primary school, in the heart of Keystone will be at the heart of the community. We are working with the Council to refine designs for a community hub opposite the primary school.  We see early provision of a childcare centre and kindergarten opposite the school as priorities, supported by some small shops. We will be working with innovative, quality builders to build and display innovative medium density house product and innovative home office townhouses.  We are committed to exploring a diversity of home types, for different family structures, including singles and couples. We’d love to see a range of home types that cater to different stages of life.

What do you think residents will love most about living at Keystone?

The design approach seeks to encourage physical activity, and we hope for a real sense of health and wellness to evolve. Our green streets will be planted with double rows of trees and will be attractive streets that encourage walking and cycling.  Most local streets point at the school, so we think there will be a high proportion of kids that will walk, ride, skate to school. We will relocate our sales office from Leakes Road into first completed stage, and we hope to partner with Council for some pop-up recreational facilities before council builds the dedicated Active Open Space sports ovals and facilities in years to come.  

Given your experience working on the creation of an international award-winning Ellenbrook Community in Perth, what do you think are the key features of a holistic, modern community? What would you like to see more of in new mixed-use precincts across Australia?

Authentic communities thrive on diversity. This applies to the people who live there, the building typologies and the streets, parks and urban places which will emerge.  When the developer shows a better understanding of how people want to live, houses become homes, and people become neighbours.  Compact living, useable verandahs and rooftop terraces are exciting trends that enable social interaction and community engagement.  We’d love to see radical changes in the building typologies that are accessible to people in Tarneit, and we will be working with our building partners to truly innovate. 
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Olivia Round

Place over product: Akron Property’s Andrew Harvey discusses the concept of creating a community-centric mixed use precinct

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A Tarneit three bedroom house has been listed for sale by mortgagees with $455,000 to $500,000 hopes.
It has been scheduled for March 10.
The Victorian home sets on a 415m2 block (approx) in the location along the walking and bike tracks of Davis Creek &amp; Werribee River.  
<a href="https://www.realestate.com.au/property-house-vic-tarneit-127585002">The 45 Hope Way house</a> comes with three bedrooms, two garage spaces and open plan kitchen.
It has been a $320 a week rental.
It last traded at $140,000 in 2007.
The suburb's median house price sits on $500,000, according to CoreLogic. 
 
 
 
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