Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

Townhouses

<html><body>
Urban.com.au's Michael Townley sits down with Aultun Property Group's Jo Tonkin and Cera Stribley Architects' Domenic Cerantonio to discuss the <a href="/buildings/haven-townhomes-42-homeleigh-road-keysborough">Haven Townhomes project in Keysborough</a>, in Melbourne's south-east.

Jo notes that what sets Haven Townhomes apart from other projects is the "ability to grow" and become part of the thriving Keysborough community with a host of services and amenities, all within walking distance of the development.

Domenic provides insight into some of the key design drivers behind the project, and emphasises the importance of interior spaces which provide strong connections with the outdoors.

To find out more about Haven Townhomes, watch the video below or click on the project page located in the top right hand corner.

<iframe allow="autoplay; encrypted-media" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/o2abVedYdR4" width="560"></iframe>
</body></html>

urbantv

Urban TV profiles Aultun Property Group's Haven Townhomes in Keysborough

<html><body>
Townhouses are leading the charge in Melbourne's west in terms of what is currently being offered to buyers, with two major projects notching significant development milestones.

Stockland is set to move the first stage of its Orion at Braybrook townhouse precinct to construction, appointing Glenvill Projects as head contractor. Orion at Braybrook is Stockland’s largest stand-alone medium density project in Australia, incorporating a hefty 422 townhouses.

The first stage though is now in the hands of Glenvill Projects who specialise in the construction of townhouse and medium density apartment projects.

The 11.5-hectare precinct is the design of DKO Architecture and sits adjacent to 10 additional hectares of parkland. 

<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/image5_17.jpg" rel="gallery-all" title="One of Orion at Braybrook's differing townhouse designs. Image: DKO Architecture"><img alt="" class="image-article-full-width-580px" height="380" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image5_17.jpg?itok=BLLdHN7q" title="One of Orion at Braybrook's differing townhouse designs. Image: DKO Architecture" width="580"></a>

<figcaption>One of Orion at Braybrook's differing townhouse designs. Image: DKO Architecture</figcaption></figure>Stockland's Ben Cantwell said that Orion at Braybrook "will set a new benchmark for housing innovation in Melbourne’s inner-west so we sought to partner with Glenvill Projects because of their many years of experience and excellent track record of quality work.

Orion at Braybrook is also a key component of Stockland’s strategy to help meet Victoria’s housing demand by providing exceptional housing options for homebuyers at all stages of life."

Underlining the latent demand for townhouses on Melbourne's west, Bewise Property Group also recently launched the first stage of <a href="http://www.hampsteadpark.com.au/" target="_blank" rel="nofollow">Maidstone's Hampstead Park</a>. 

Having picked up 82-96 Hampstead Road during 2016 for $41.5 million, Bewise Property Group's townhouse aspect of the development consists of 157 dwellings. ClarkeHopkinsClarke assumed design duties for the project, creating both low and medium-rise buildings within the overall development.

<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/image7_23.jpg" rel="gallery-all" title="Hampstead Park's initial release. Image: Bewise Property Group"><img alt="" class="image-article-full-width-580px" height="326" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image7_23.jpg?itok=Ue3wLvqo" title="Hampstead Park's initial release. Image: Bewise Property Group" width="580"></a>

<figcaption>Hampstead Park's initial release. Image: Bewise Property Group</figcaption></figure>Whilst the townhouse aspect will serve to meet demand in the current market, Hampstead Park's overall plan also includes mid-rise apartment buildings above a raft of retail and community-based tenancies.

The townhouses are arranged around a communal park, whilst the apartments buildings front the site's perimeter. According to ClarkeHopkinsClarke 400 plus apartments are in the pipeline, as is a supermarket, community centre, medical centre and child care centre.

One the precinct's design ClarkeHopkinsClarke states that "Based on the 4 key principles of Community, Integration, Identity and Sustainability, the design will aspire to create a modern and vibrant community, that integrates within the existing context of the site, has a strong sense of identity, and shapes a socially and environmentally sustainable environment. 

The development will set a new benchmark for mixed-use developments, increasing population density, without overloading current infrastructure, and act as a catalyst for future urban renewal."

For now though both the Braybrook and Maidstone townhouse releases are adequately meeting buyer demand, particularly from a townhouse perspective.

<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/image6_22.jpg" rel="gallery-all" title="A potential future stage of Hampstead Park. Image: CHC"><img alt="" class="image-article-full-width-580px" height="296" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image6_22.jpg?itok=W292Sazf" title="A potential future stage of Hampstead Park. Image: CHC" width="580"></a>

<figcaption>A potential future stage of Hampstead Park. Image: ClarkeHopkinsClarke</figcaption></figure>
</body></html>

silvermb

Braybrook and Maidstone step into the development spotlight

<html><body>
Box Hill's emerging hotel sector will welcome another operator with Avani Hotel confirmed for Central Park Box Hill.

The 20 level development which has yet to appear above ground is backed by H&amp;F Property and is in the hands of builder Maxcon. H&amp;F Property is a Melbourne-based development firm which brings together Richard and Eddie Hirsch (United Petroleum) and Daniel Faigen (Deague Group).

Daniel Faigen confirmed to Apartments.com.au that Minor International will occupy 75 suites within the mixed-use project under their Avani Hotel brand, with the balance dedicated to 93 private apartments.

Minor International's Avani Hotel is an upmarket designer brand; the hospitality and leisure company also controls Oaks Hotels &amp; Resorts which are prevalent across Melbourne's CBD.

<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/image193_2.jpg" rel="gallery-all" title="SJB Architects have included significant amenities within Central Park Box Hill"><img alt="" class="image-article-full-width-580px" height="436" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image193_2.jpg?itok=DjuP3Brq" title="SJB Architects have included significant amenities within Central Park Box Hill" width="580"></a>

<figcaption>SJB Architects have included significant amenities within Central Park Box Hill</figcaption></figure>Supplementing Avani Hotel and the private apartments is 1,500 square metres of consulting suites within the podium, owing to the development's location opposite Box Hill's medical precinct.

According to Daniel Faigen Minor international was drawn to the development due to its high-quality design. Created by SJB Architects, Central Park Box Hill includes extensive outdoor rooftop amenities which include an indoor/outdoor dining areas, full-size kitchen, gym, pool and sauna.

Minor International's push into the Melbourne market will see its Box Hill presence supplemented by a new CBD hotel which is slated to open next month. Avani Central Melbourne will be located within the 55 level Avant tower at 60 A'Beckett Street which is rapidly approaching construction completion.

Daniel Faigen noted that H&amp;F Property and Minor International are in discussions regarding the prospect of further outlets across the developer's land portfolio.

<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/image190_0.jpg" rel="gallery-all" title="Bruce Henderson Architects have created 107 Darling Road."><img alt="" class="image-article-full-width-580px" height="326" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image190_0.jpg?itok=Uf1oop36" title="Bruce Henderson Architects have created 107 Darling Road." width="580"></a>

<figcaption>Bruce Henderson Architects have created 107 Darling Road.</figcaption></figure>Looking ahead and H&amp;F Property's upcoming project at 107 Darling Road will signify the developer's first foray into the fledgling build to rent sector.

Small in stature, 107 Darling Road will consist of only 9 high-end townhouses split between 7 x 3 storey townhouses with private lifts and 2 x 2 townhouses. Bruce Henderson Architects have undertaken the design for the development which includes underground car parking.

Daniel Faigen explained that on the back of H&amp;F Property's particular success in selling the designated 3 bedroom stock within their completed Grace Apartments at 1555 Malvern Road, the developer recognised the underlying depth for this product in the area. Consequently the compact site was always earmarked as a boutique project.

H&amp;F Property also has another significant development in the pipeline which Daniel Faigen has described as a "very special building." More details on that particular project in coming weeks.
</body></html>

H&F Property secures Avani Hotel for Box Hill; Malvern East is next on the agenda

<html><body>
Across inner Melbourne, townhouse developments are becoming increasingly common, according to Secret Agent's latest report.
With limited block sizes closer to the city, developers have to constantly negotiate the size of the actual house with the amount of land available.
Because of these varying levels of building density, Secret Agent wanted to find out if there was a ‘sweet spot’ in the ratio between indoor area and land area.
Are we paying more for a certain ratio?
For the purpose of this bulletin, density refers specifically to the ratio between indoor built area to total land area.
See the diagrams below.
Townhouses nearly always span multiple levels, meaning they often have more indoor area than total land area.
<a href="https://www.propertyobserver.com.au/images/2017/06/Screen%20Shot%202017-02-06%20at%201.54.59%20pm.jpg" target="_blank">Click to enlarge</a>
<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/2017/06/Screen%20Shot%202017-02-06%20at%201.54.59%20pm.jpg" alt="">
Our sample consisted of 232 townhouse sales across 29 suburbs in inner Melbourne, all of which took place between January and December 2016.
A hedonic regression model was used and controlled for area (suburb), sale date, number of bedrooms, bathrooms and car spaces, and size of indoor and outdoor habitable space.
Overall, the ratio of indoor area to land area (in m2) did not have a statistically significant impact on townhouses as a continuous variable (i.e. not categorised).
"However, if we group townhouses with similar ratios into different ranges (e.g. 1:1.5 to 1:1.75), we found that an initial increase in the ratio (i.e. more dense development) led to an increase in average sale price, but the trend quickly reverses as the ratio increases further," the report stated.
<a href="https://www.propertyobserver.com.au/images/2017/06/Screen%20Shot%202017-02-06%20at%201.55.07%20pm.jpg" target="_blank">Click to enlarge</a>
<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/2017/06/Screen%20Shot%202017-02-06%20at%201.55.07%20pm.jpg" alt="">
The only ratio that had any significant positive impact on expected sale price was a 1:1 ratio, up to a 1:1.27 ratio.
On average, townhouses in this category had a land area of 95m2 and an indoor square metre rate of 109m2.
Additionally, these properties had outdoor space (land area not occupied by the building) of 34m2, which is about 36% of the total land, however this was not a prerequesite for the 'sweet spot'.
It is expected that townhouses in the 1:1 to 1:1.27 range can sell for up to 15.15 percent more than denser developments with twice as much indoor area as the land size.
While there is always a demand for bigger houses, it's important to remember that there is such a thing as too much space.
Property Observer found these townhouses currently on the market in Melbourne.
A two bedroom townhouse in Richmond, <a href="https://www.realestate.com.au/property-townhouse-vic-richmond-124572226" target="_blank">11/22 Buckingham Street</a>, with roof top views (pictured above) is currently on the market for between $720,000 - $780,000.
In Malvern East, the three level three bedroom townhome (below) at <a href="https://www.realestate.com.au/property-townhouse-vic-malvern+east-124689830" target="_blank">1039E Dandenong Road Malvern East</a> is up for auction March 11 through Krish Bundhoo and Courtney Matthews of Ray White Mount Waverley.
<img src="https://www.urban.com.au/images/2017/02/10/Screen%20Shot%202017-02-10%20at%209.28.32%20AM.png" alt="">
 <img src="https://www.urban.com.au/images/2017/02/10/Screen%20Shot%202017-02-10%20at%209.34.26%20AM.png" alt="" style="font-size: 12.16px;">
 A four bedroom townhouse in Doncaster East, <a href="https://www.realestate.com.au/property-townhouse-vic-doncaster+east-124553714" target="_blank">3/27 Paula Crescent</a>, (above) is on the market with expectations of between $1.05m - $1.15m.
For more information, <a href="https://secretagent.com.au/" target="_blank">click here</a>.
</body></html>

jchancellor-FAypfDUnLy

The ideal density of a townhouse: Secret Agent

<html><body>
SPONSORED POST
If you’re lucky enough to own a homesite close to Perth’s inner city, chances are you could be looking at developing on narrow lots.
<a href="https://www.summitprojects.com.au/developments-perth/townhouse/" target="_blank" title="Narrow Lot Townhouses" data-id="1148">Narrow lot subdivisions</a> are becoming increasingly popular as they enable multiple residences on a homesite. Narrow lots can have widths as low as 8-9m, maximising space while giving each home its own street frontage.
As a result, more and more narrow lot builders (Perth-based) are coming onto the market, each with their own <a href="https://www.summitprojects.com.au/developments-perth/townhouse/" target="_blank" title="Narrow Lot Townhouses" data-id="1148">catalogue of designs</a>. Yet how do you spot a really smart narrow lot design that intuitively maximises space and style, boosting your return on investment? This checklist can help.
Narrow doesn’t need to be narrow.
A narrow lot home design should defy its narrow footprint, not confirm it. A poor narrow lot home design can result in potential buyers or tenants feeling like they are walking into a tunnel. Incorporating voids above the entrance, extra high ceilings and clever lighting can be used to create a welcoming sense of space and openness.
Light = space. 
Narrow lot homes are often two-storey and positioned very closely together which can result in dark, unappealing living spaces within each home due to lack of light penetration. Quite simply, natural light instantly makes a space feel roomier and more inviting, so make sure your narrow lot builders integrate efficient solar passive principles for this very reason.
Open up your options
Open plan living continues to be popular in narrow lot home designs as it stops the home feeling ‘boxy’ and gives flexibility in regards to furnishings and layout, broadening the market appeal of the home. A smart open plan design should integrate the kitchen, dining, living and alfresco into one voluminous area.
Get in the zone
While maximising living space is essential, where that living space is positioned throughout the home is equally as important. Clever zoning and room layout will ensure that the narrow lot home is a pleasure to live in. A great idea to help create a more functional narrow lot home is to incorporate private retreats for parents and children and a distinct entertaining area.
All season alfresco
It’s often worthwhile paying a little extra to create an alfresco that is sheltered and comfortable enough to allow year-round entertaining. A well designed, quality alfresco looks fantastic and lets residents enjoy all available living space virtually every day of the year.
More in store
Ample storage space is important in any home, yet achieving it requires some clever thinking in a narrow lot home design. Ask your narrow lot builders how they maximise storage space. For example, do they utilise the area under the stairs?
Stepping out upstairs
It sounds simple, but a well-sized balcony looks great, captures any views and adds to the space and appeal of your investment property. If a balcony fits into your budget, it is well worth considering.
Nooks and crannies
Those little nooks throughout a narrow lot home design should be put to good use. For example, a well-positioned study nook can replace the need for a dedicated study room, adding to the number of bedrooms in the home and hence optimising your <a href="https://www.summitprojects.com.au/finance/" target="_blank" title="Finance" data-id="1084">return on investment</a>.
No two narrow lots are created equal so crafting an intelligent and attractive narrow lot home design is a specialist skill.
If you’re ready to <a href="https://www.summitprojects.com.au/developments-perth/" target="_blank" title="Develop your land" data-id="1076">subdivide and build</a> on your narrow lot, speak to Summit Projects. Not only will they project manage the entire subdivision process for you, they have a leading range of narrow lot home designs (including two storey narrow lot homes) that are sure to optimise your final profit margin.
<a href="https://www.summitprojects.com.au/contact-us/" target="_blank" title="Contact us" data-id="1079">Contact the narrow block developers</a> (Perth) at Summit Projects today.
</body></html>

Eight clever yet essential design traits for narrow lot developments: Summit Projects

<html><body><div class="page" title="Page 15">
<div class="section">
<div class="layoutArea">
<div class="column">
Demand for 1970's one bedders is original condition within Ballarat's inner ring is going well, according to Herron Todd White, who see affordability and rental demand for this style of apartment attracting sales of around $150,000 at a rental yield of 5%.
The three bedroom townhouse market, according to Herron Todd White's September Month in Review, has seen significant increases in the last five years with supply met by investors.
"This has seen the capital values for the properties hold steady and developers and agents are now reporting this demand is showing some signs of slowing. As such the next 12 months will reveal if an over supply issue is a possibility," the report noted.
"Off the plan purchases for villas and units have been steady in recent months with three developments of 10 to 20 townhouses each in progress within Brown Hill, Ballarat East and Sebastopol. The villa market has shown approximately a 5% to 10% increase in value over the past five years in the sub prime locations.
"This increase has largely been driven by investors looking for positively geared properties with tax depreciation benefits. Given the increase in supply prices should begin to stabilise. "
 
</div>
</div>
</div>
</div></body></html>

Townhouses

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Townhouses

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News