New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

[smartcode_project:default project_id=5743 project_image_fid=953]

Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

[smartcode_project:default project_id=5743 project_image_fid=925]

Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

[smartcode_project:default project_id=5743 project_image_fid=5374]

The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

Joel Robinson

The apartment price gap drawing Sydney buyers west

A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Rainbow Bay apartment doubles in price since off the plan sale during pandemic

The long-planned transformation of Brisbane's historic Shafston Estate has taken another major step, with Capella Hotel Group announced as the luxury hospitality partner behind what will become Brisbane's first branded residences.

The project, to be known as Capella Residences Brisbane, is being delivered by Verso Projects at the landmark Kangaroo Point riverfront estate, with completion targeted for 2029.

The announcement follows a series of planning changes to the project over recent years. The site was originally approved in 2023 for a 15-level, 37-apartment development designed by Rothelowman for Burgundy Group before Verso Projects took over the 10,070 sqm riverfront holding and lodged revised plans with Kerry Hill Architects to increase the development to a 25-level tower with 51 apartments.

The latest announcement confirms Capella Hotel Group will bring its branded residential offering to the project, marking just the second Capella Residences development globally after Seoul, and the group's first branded residential project in Australia.

The <a href="https://www.apartments.com.au/new-apartments/23-castlebar-street-kangaroo-point-qld-4169">Castlebar Street development</a> will centre around the restoration of the heritage-listed Shafston House, one of Brisbane's oldest residences, originally constructed in 1851 by Reverend Robert Creyke as a single-storey cottage known as Ravenscott.

<img alt="Capella" data-entity-type="file" data-entity-uuid="2b9f4ce5-638f-4d6b-8082-3ca7e4b75fca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-09%20at%207.20.41%E2%80%AFAM.png?VersionId=f7aeqsW_DzOJI4FymWb3lD8NptSfsP7q" />

Capella said the project aligns with its focus on heritage-led developments, with the Brisbane estate combining the restored historic residence with a new luxury apartment tower and hospitality-inspired resident amenities.

Residents will have access to the Capella Living Room, a concierge-led communal space inspired by the group's luxury hotels, alongside landscaped gardens, six swimming pools, wellness and recreation facilities.

The broader estate will also include two riverfront homes, a six-berth private marina, porte cochère arrival experience, secure basement parking and a new section of public riverwalk along the Brisbane River frontage.

The heritage Postal Depot Building will also be retained and repurposed as a guest house, in line with the revised development plans.

The project represents another evolution for the site, which Kerry Hill Architects previously described as a rare opportunity to restore one of Brisbane's most significant heritage estates while creating a new benchmark for apartment living.

"The Shafston Estate provides a once-in-a-generation opportunity to restore one of Brisbane's finest heritage precincts and to reinstate residential use as a unique site perched on the edge of Kangaroo Point," Kerry Hill Architects said in its Urban Context Report accompanying the planning submission.

"The project will celebrate excellence in sub-tropical residential design, setting a new benchmark for vertical living in Brisbane."

Verso Projects, which now has an $8.5 billion development pipeline spanning more than 6,000 dwellings across apartments, townhouses, retail and commercial projects, said the partnership with Capella would elevate the development beyond a traditional residential project.

"We feel honoured to be restoring Shafston Estate to its former glory, elevating it to new heights of luxury and excellence underpinned by Capella's distinctive service ethos and design philosophy, and making it a standout landmark in Brisbane," Verso Projects CEO Steve Laffey said.

"By partnering with Capella, globally recognised for its refined approach to luxury hospitality and deep respect for cultural and historical context, we will elevate this project beyond a residential offering into a world-class destination."

Capella Hotel Group President Roland Fasel said Brisbane's emergence as a global city made it the right location for the company's Australian residential debut.

"Brisbane is a city on the cusp of something remarkable, and Capella Residences is our commitment to being part of that story," Fasel said.

"The Capella residential experience is more than luxury. It is about a sense of belonging to a place with deep meaning."

Private appointments have now opened for the project, with a display suite expected to open in late 2026 ahead of the planned 2029 completion.

Capella to launch Brisbane's first branded residences at Shafston House, Kangaroo Point

Lewis Land's latest apartment release within its <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan is targeting one of the Gold Coast's fastest-growing buyer groups, with almost a third of apartments at Solis priced below $1 million.

The seven-storey building at Biggera Waters will comprise 91 apartments, including 24 one-bedroom residences starting from $778,000, a price point Lewis Land says is aimed squarely at first home buyers struggling to enter the Gold Coast market.

<img alt="Harbour Shires" data-entity-type="file" data-entity-uuid="e7486e37-22f6-4c92-b212-9b0622070b8f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.34%E2%80%AFAM.png?VersionId=W8MJwJUCf6HkIyl_EVSksnd.QI6MZryY" />

<a href="https://www.apartments.com.au/developers/lewis-land-group">Lewis Land</a> Head of Development Michael Long said the developer deliberately allocated a significant proportion of the project to more affordable apartment types.

"First home buyers have been priced out of many parts of the Gold Coast, and we saw a clear opportunity to address this and play our part in a longer-term housing solution," Long said.

"That's why 24 of the 91 apartments being delivered at Solis have been designed and priced for the city's next generation of homeowners, quality one-bedroom apartments, half of which include an additional multipurpose room to maximise space and flexibility.

"This approach places 30 per cent of apartments in Solis under $1 million, and with close proximity to Harbour Town's future light rail extension connecting residents to the city's major employment and knowledge hubs, it's a win for buyers looking to secure their first property."

<img alt="Sores" data-entity-type="file" data-entity-uuid="550526d3-73ba-4710-9739-c5f4294a30ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.29%E2%80%AFAM.png?VersionId=cQQdXHt9wS0UXwZEm5Py5bH_3kAmzyhu" />

Designed by BDA Architecture, Solis will deliver a mix of one, two and three-bedroom apartments, with residences ranging up to 232 sqm. Apartments feature generous balconies and contemporary finishes, while residents will have access to Harbour Shores' lagoon pool, clubhouse, tennis court, gym, yoga studio and sauna.

The focus on first home buyers resonated with purchaser Holly Humphreys, who said she and her boyfriend spent more than a year searching for their first property before shifting their attention from houses to apartments.

"We fell in love with the first house we bid on and got our hopes up, but after repeated knockbacks we learned not to get too attached," Humphreys said.

"We offered at the high end of price guides, but sales kept going even higher. That's where we really struggled and we needed to re-evaluate our budget and our expectations. Standalone houses were off the table, and we pivoted to apartments and townhouses."

Humphreys said it was encouraging to see developers recognising the growing demand from first home buyers.

"There's a growing number of young buyers looking to enter the market earlier because they understand that getting in now can make a real difference as prices continue to rise," she said.

"It's fantastic to see a developer recognise this and then actively take measures to deliver an apartment with us in mind."

Solis is the first development planned within the second stage of the Harbour Shores masterplan, with early works expected to commence in September 2026.

[smartcode_project_cta:default project_id=113271]

Lewis Land targets first home buyers at latest Harbour Shores release, Solis

Luxury apartment developer Abadeen has recorded $19.25 million in apartment sales across two of its Lower North Shore developments in the lead-up to the end of the financial year, headlined by the sale of a $6.75 million penthouse at <a href="https://www.apartments.com.au/buildings/koyo-crows-nest-5-rodborough-avenue-crows-nest-nsw-2065">KOYO in Crows Nest.</a>

The transactions also included the sale of a newly completed three-bedroom apartment at <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences in Cremorne</a> for $6.35 million, with the residence selling shortly after the project's first public inspections following completion.

The sales come as completed, owner-occupier-focused apartments continue to attract strong demand across Sydney's Lower North Shore, particularly from buyers looking for certainty and immediate occupancy.

The penthouse at KOYO spans 491 sqm across a single level and was designed by architect Koichi Takada. The development is one of Abadeen's flagship boutique projects in Crows Nest.

[smartcode_project:default project_id=108800 project_image_fid=370093]

Abadeen Executive Chairman and Founder Justin Brown said buyer activity lifted noticeably in the lead-up to the end of the financial year.

"We saw a clear increase in enquiry levels, inspection numbers and buyer engagement across our completed projects leading into the end of the financial year," Brown said.

"Buyers have become far more decisive over the past six months. The combination of improving confidence, limited supply and the ability to physically inspect completed residences is creating strong competition for premium apartments in the best locations."

Brown says the&nbsp;response to Park Residences following completion has been particularly strong.

"Buyers want certainty and are responding positively to the opportunity to walk through a finished product, inspect the quality firsthand and move in immediately," Brown suggested.

"Projects such as Park Residences and KOYO demonstrate that when the product is exceptional and the location is irreplaceable, buyers are prepared to act quickly."

[smartcode_project:default project_id=114246 project_image_fid=370116]

Abadeen CEO Joe Tack said quality continued to differentiate projects in the current market.

"Today's buyers are incredibly discerning," Tack said.

"They are seeking larger floorplans, premium finishes, walkability, lifestyle amenity and confidence in the developer delivering the project. Well-designed boutique developments continue to outperform because they offer something genuinely difficult to replace.

"The enquiry we are seeing across our completed and recently completed Lower North Shore portfolio is very encouraging, and we expect this momentum to continue into spring."

The sales follow increased enquiry across Abadeen's Lower North Shore portfolio which also includes <a href="https://www.apartments.com.au/buildings/northcote-collective-naremburn-2-northcote-street-naremburn-nsw-2065">Northcote Collective in Naremburn</a> which also completed recently.

KOYO penthouse headlines Abadeen's $19.25 million EOFY sales flurry

Urban Video

Welcome to Park Quarter! Join us as we explore the exciting world of modern urban living in Melbourne's vibrant landscape. In this captivating interview, we're joined by Zoe Powell, the National Director at Collier's Residential, to dive into the heart of the Sunnyland development on St Kilda Road.

Amid the fascinating discussion, Zoe Powell paints a vivid picture of the property landscape. The trend of urbanization is making a dynamic comeback, and Sunnyland caters perfectly to this resurgence. The larger apartments stand out as the top preference among discerning buyers. The convenience-driven lifestyle has taken centre stage, with amenities like concierge services becoming a necessary inclusion in apartment living.

&lt;iframe width="560" height="315" src="https://www.youtube.com/embed/nByQY7kyCGM?si=cIjIYXnkROa2xDj-" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen&gt;&lt;/iframe&gt;

Curious about the buyer mix? You'll find a harmonious blend of owner-occupiers and savvy investors, each drawn to the unique advantages offered by this development. The allure of one-bedroom units is especially strong, as they present an affordable alternative to the increasingly competitive rental market.

What sets Park Quarter apart is not just its contemporary design, but also its long-standing tenure. Sunnyland's decade-long ownership of the site has paved the way for more stable pricing, shielded from the fluctuations of the market. As a result, buyers can enjoy exceptional value while witnessing stunning views over Albert Park and the iconic St Kilda Road.

The discussion delves into the intricate dynamics of preserving views in a bustling urban environment. With Albert Park on one side and St Kilda Road on the other, the project strategically balances these elements to provide residents with breathtaking panoramas. The project's thoughtful design and surroundings mitigate the impact, ensuring a lasting and cherished vista.

[smartcode_project:default project_id=134959 project_image_fid=210773]

A project's success hinges on the collaboration of talented minds, and Sunnyland boasts an impeccable team. Led by the experienced Sunnyland team, in partnership with Cox Architecture, Carr Interiors, and DKO, this project is set to redefine contemporary parkside living in Melbourne.

Dive into the unique world of Marriott Executive serviced apartments nestled within the development. This innovative concept allows residents to access hotel-like amenities with the option to tailor their experience by opting in or out. The result? A premium, hassle-free lifestyle that perfectly aligns with individual preferences.

[smartcode_project:default project_id=134959 project_image_fid=210783]

Considering investing in Melbourne's real estate? Powell offers valuable insights to potential buyers. Emphasizing the advantages of buying off the plan, she highlights the opportunity to personalize your living space without the need for extensive renovations. Park Quarter beckons as a haven for those seeking to elevate their lifestyle through thoughtfully designed residences.

Whether you're a discerning buyer, an investor, or someone seeking to upgrade their lifestyle, this development promises an exquisite blend of convenience, luxury, and sophistication.

Don't miss the chance to be a part of Melbourne's evolving urban narrative.

[smartcode_project_cta:default project_id=134959]

The trend of urbanization is making a dynamic comeback, and Sunnyland caters perfectly to this resurgence

Staff Writer

One of Melbourne's first project launches in three years: Unpacking Sunnyland's Park Quarter with Colliers Director Zoe Powell

In our latest display suite tour, we explored an exclusive boutique development from builder developer Dasco (a 4.5 icirt gold star rated company).

One Rose started construction earlier this year with the low-density building comprising of just 23 residences, a quarter of which have been snapped up.

Watch the tour to learn more.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/r3CmkJzmIJY" title="YouTube video player" width="660"></iframe>

<h2>ONE ROSE AT A GLANCE</h2>

Address:&nbsp;1-3 Corona Avenue, Roseville 
Developer:&nbsp;<a href="/developers/dasco-australia">DASCO Australia</a> 
Builder:&nbsp;<a href="/builders/dasco-australia">DASCO Australia</a> 
Architect:&nbsp;<a href="/architects/stanisic-architects">Stanisic Architects</a>

[smartcode_project_cta:default project_id=113191]

Located on a quiet street at 1-3 Corona Avenue in Sydney's Roseville, you're situated just 400 metres from Roseville Station, with a selection of city centres within a 10 - 20 minute drive.

You're also within close proximity to the North Shore Hospital, and an abundance of nature walks at Lane Cove National Park.

[smartcode_project:default project_id=113191 project_image_fid=204907]

The monochromatic colour scheme of the kitchen is perfectly complemented by brushed stainless tapware, with a playful juxtaposition of textures, from the fluted panelling and fine-grained timber to glossy Caesarstone.

Each living area has been designed to feel spacious yet cosy, with gas fireplaces and even a built-in bar area for selected apartments.

[smartcode_project:default project_id=113191 project_image_fid=217001]

The bathroom features a practical, decently sized towel rail and shower nook, the perfect deep bathtub and a beautiful herringbone tiled feature wall.

The bedrooms are designed to be a tranquil retreat, with plush carpet and elegant drapes. The custom wardrobe design&nbsp;features ample shelving and is illuminated with LED lighting.&nbsp;

[smartcode_project:default project_id=113191 project_image_fid=216995]

With more amenities can come higher strata levies, which is why Dasco has selected practical amenities, including a yoga room and rooftop garden (complete with BBQ facilities) to keep annual fees to a minimum*. The strata levies will also service the two high-tech car lifts, with four additional spaces dedicated to guest parking. 
*Approximate strata rates: 2 bed $800-1000 • 3 bed $1200-1600

Construction of One Rose is slated for completion in the 2nd quarter of 2024, so get the ball rolling today by submitting an enquiry via Urban.&nbsp;

Olivia Round

Display Suite Tour Video: One Rose by Dasco at 1-3 Corona Avenue, Roseville, NSW

Recently we we're invited to visit Mirvac’s brand new Smiths Lane Hub in Melbourne's Clyde North. If you love the sound of strolling down to the local café, visiting a pop-up cinema or building new friendships with neighbours, then check out our video tour to learn more.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/sxmj9d7GIMI" title="YouTube video player" width="660"></iframe>

<h2>SMITHS LANE AT A GLANCE</h2>

Address:&nbsp;110 Smiths Lane Clyde North, VIC 
Architect:&nbsp;<a href="/architects/mirvac-design">Mirvac Design</a> 
Developer: Mirvac 
Builder: Mirvac Construction

[smartcode_project_cta:default project_id=139030]

Located a short drive from the soon-to-be upgraded Thompson Road and Monash Freeway, you have the chance to buy in this emerging well-connected neighbourhood.

[smartcode_project:default project_id=139030 project_image_fid=212317]

At Smiths Lane, the team has established flexible, contemporary design guidelines to create a beautiful neighbourhood, with parks and open spaces just 200 metres from every home - including Mirvac's iconic adventure playgrounds, such as Banjo Park, which is already loved by families.

The future town centre will feature great cafes, specialty stores and a supermarket, providing a convenient place to catch up with friends for a coffee or meal, or pick up household goods and groceries for dinner.

Community events will also be held throughout the year, providing an opportunity to connect with your neighbours. Mirvac's dedication to environmental sustainability has influenced the design.

A thriving hub of biodiversity is being established throughout the masterplan that will offer walkways with extensive native planting for residents to explore.

[smartcode_project:default project_id=139030 project_image_fid=212320]

Following successful masterplanned communities like Woodlea and Olivine, Mirvac has over 50 years of experience reimagining urban life through the development of coveted, connected and thoughtful multi-residential projects that drive social connectivity and a healthy lifestyle.

The first townhomes at Smiths Lane have recently launched to market, providing more opportunities to secure your dream home within the community.

Designed and built for ever-changing lifestyles, they include all the features of an outstanding modern home, with solar panels, European appliances and numerous upgrade options.

Enquire via Urban today to learn more.

[smartcode_project:default project_id=139030 project_image_fid=212312]

Display Suite Tour Video: Smiths Lane by Mirvac at 110 Smiths Lane Clyde North, VIC

Whether you're after a stylish apartment just 5 kilometres from Sydney's CBD or an ultra-luxurious penthouse suite, then you may find your dream home at The Landmark Quarter.

Watch our display suite tour video:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/610qeLUERKA" title="YouTube video player" width="660"></iframe>

<h2>THE LANDMARK QUARTER AT A GLANCE</h2>

Address:&nbsp;8 Marshall Avenue, St Leonards 
Developer:&nbsp;<a href="/developers/new-hope-group">New Hope Group</a> 
Architect:&nbsp;<a href="/architects/rothelowman">Rothelowman</a>

[smartcode_project_cta:default project_id=139897]

Located at 8 Marshall Avenue, The Landmark Quarter is tucked away in Sydney's Lower North Shore in the coveted neighbourhood of St Leonards.

You're only a 10-minute drive to the waterfront, minutes from popular dining precincts, leisure centres and public transport. Plus, being situated on the highest point of the precinct gives you incredible city and harbour views.

[smartcode_project:default project_id=139897 project_image_fid=212572]

The trio of Rothelowman-designed buildings will include a luxurious collection of one, two and three-bedroom apartments, spacious walk-up's and townhomes, plus exclusive 4 bedroom penthouses.

[smartcode_project:default project_id=139897 project_image_fid=212567]

From the ambient lighting to the curvature of the island bench, all kitchens exude luxury. Every apartment comes equipped with top-of-the-line Miele appliances and elegant tapware, with plenty of built-in storage.

When you purchase off the plan, you can select between light and dark scheme finishes, which incorporate beautiful textures of natural stone, brushed stainless and engineered timber.

In the bathroom, you'll find floating vanities, large format tiling and opulent gilded tapware.

[smartcode_project:default project_id=139897 project_image_fid=212576]

You’ll have unlimited access to a vast range of resort-style amenities, which can be accessed via the many green links throughout the site. Outdoors, there are gardens with alfresco dining facilities, a kid's playground and a harbour view rooftop area – perfect for socialising. There's also a sun-soaked pool deck complete with a wellness gym. While indoors you have your own cinema, library, plus dining &amp; games rooms.

[smartcode_project:default project_id=139897 project_image_fid=212668]

Your future home in the heart of the lower north shore awaits – so submit your enquiry today via Urban to book a time to visit The Landmark Quarter display suite. But be in quick, as this development is new to market, and these properties will be snapped up.

Display Suite Tour Video: The Landmark Quarter by New Hope Group at 8 Marshall Avenue, St Leonards, NSW

Mike Bird: We're here at the Hyde Metropolitan by Deicorp. I'm here with CBRE managing director for CBRE Residential Projects, Dave Milton. Well, look, we're doing something a bit different today, we've taken requests from buyers in terms of the hard questions that they want to know about the project, so we're going to ask you those and really provide them the opportunity to kind of have a real good look at what are the drivers, what are the things that they should be thinking about. So we'll get started, yeah?

David Milton: Definitely. You are aware I'm a little bit biased because I think this will be one of the preeminent Sydney residential development on this southern end of Hyde Park in the future.

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MB: So, for those buyers that are thinking about right now, should they buy an established apartment maybe in the broader area, you know, what would you say to them as the kind of advantage of this project as opposed to that?

DM: Well, I think there's a lot of advantages to this project in the design, style, the apartments, and the views. But it often comes down to the buyer, whether they're needing to move now or it's a future move. New design often brings better design, new initiatives, better IT, better security, more functionality.

And, you know, I'd say to a lot of buyers, if you're going to be living in the city for some time, waiting a small time to get what you want is really more often worth it than compromising on a decision to buy now.

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MB: And so with that in mind, we look back over the past couple years, it's been a bit of a rocky time for the property market from a pricing standpoint. You know, what would you say to buyers that are thinking about that, uncertain about the interest rates and looking forward?

DM: In terms of the opportunity now, I think we're starting to see change in the market already. We're set by sentiment. You know, we've had all the banks out forecasting price growth, which is in a real turnaround. And I'll say all property pundits and researchers saying the market's changing.

We've got an acute shortage of property. Building costs have risen substantially and still rising, and that hasn't fed through yet into asking prices. So if you sort of said, "What's the time to buy?" It probably is right now, where interest rates are nearly at their peak or at their peak predicted. Then to follow a stabilization, they'll come down. Building prices will continue to rise, and today you can, if you're bought here, you're locking in on today's price, and you're not settling for three and a half years, four years. So the market in four years is going to be very different, particularly with 975,000 new immigrants expected to arrive in that time in Australia.

MB: It's a crazy amount of people coming into the country. Clearly, we've got a supply shortage with not enough projects coming to market.

DM: An enormous supply, like all the stats are, I don't know where people are going to be housed, and there's a big push back to city living. People want the convenience. And so you're starting to see the market where we're getting more and more demand in areas where really, where there's very tight supply.

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MB: The obviously the project is high spec, high-end design, all the rest of it, but Liverpool Street isn't often known as kind of one of those real prestigious streets. You know, what do you think about that?

DM: I think it's overlooked there, and I think it is really a prestigious address. You've got Tech Central now with the development of the Atlassian building and a lot of other high-rise commercial that's going to go in there. That's over 20 hectares being developed there, and that's a few hundred meters away. You're right, you're very close to the city center, David Jones Center, shopping center, but you're on Hyde Park. And if you look at Liverpool Street and the developments, the residential developments that have taken place, they're the most tightly held, and buyers love it here.

We've had buyers that we originally sold to in the residence buy in here. We've had buyers that have bought in here that are renting next door. And without a doubt, it will become a more and more prestigious address and more tightly held.

MB: With the park, obviously, like a huge value add for the project overall, you know, if I was a buyer, one of the things I'd be worried about is getting my view blocked out over time. You know, what would you say to a buyer who also shares my concern with that?

DM: That's one of the beauties of this site. There's the high plain of Elizabeth Street, which is where this building looks over, is governed by the sun plane, allowing winter sun onto the park. So it's not an arbitrary council control. It's locked in stone. So as the sun starts to set in the east, it'll change. But while the sun sets in the west, that is the high plane locked in.

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MB: How does that work? So the government, the council can't change the rules. Why would they make it like that?

DM: Well, you want the sun on Hyde Park, so the grass grows. Fair enough. You know, that's why it is. It's about amenity, and what happens in most councils, buildings can't be overshadowing parks because it takes away from the amenity and the ability for the park to survive.

I might also add there's going to be a further shortage of residential accommodation in the city, and this is one of the last developments we approved under the previous planning codes. Council has now put in place controls restricting or reducing the buildable area on sites where they're residential sites. So basically, proving up the value as commercial use is not residential. So what it means is when developers are looking at sites, there'll be more commercial buildings and less residential.

MB: If it was one of your family members looking to buy and downsizing into an apartment, looking to buy it off the plan, what would you say to them and what tips would you give them?

DM: It's a really great question because you talk about downsizers and the words now moved to empty nesters and right-sizers. So often what we're getting is people moving out of their family home, wanting a large apartment that replicates a lot of their lifestyle within that home but without the maintenance and with more convenience. So you've got downsizers moving into something smaller.

And so often, they think about what's the critical things that they need. They're often looking to save some money to invest somewhere else, buy a country farm or a coastal property. You've got right-sizers that are saying, "Well, we like the size of our house, and we want that type of space." So they look at larger apartments.

You've got retirees again with different needs. I think developers are so much more aware of the nuances of the different markets that they're providing all of the needs those buyers want, like additional storage, larger rooms. Apartments that were previously often criticized for being small or not being adequate in what they provide for a homeowner, we've now got generous robes, larger bathrooms, kitchens that are really functional.

A number of apartments will have a Butler's kitchen. So there's been enormous more focus on design to meet that market's requirements. And then they buy. What they should be doing is doing research on who the developer is&nbsp;

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In terms of investors, we emphasize the importance of researching the developer's track record and their capacity to deliver on their promises. We advise investors to look into the developer's past experience, their capability, and whether they have built similar projects before. This information should be readily available and easily accessible. If a developer cannot provide this information, it's advisable to be cautious and wary.

For investors, similar to owner-occupiers, it's essential to consider the same factors such as the developer's track record, their capacity to deliver, and the quality of the apartment. In addition to these factors, investors should also focus on the proximity of the property to good transport solutions. Properties near convenient transportation options tend to have higher rental returns and attract tenants more easily.

It's important for investors to understand that the best time to buy is often now. There is a shortage of available properties, and building costs have increased substantially, which will eventually impact sale prices. Moreover, with a significant influx of immigrants expected and predicted decline in interest rates, buying now can lead to higher rental returns in the future and allow investors to enter the market before prices rise further.

Overall, investors should conduct thorough research on the developer, consider the property's location and convenience, and take advantage of the current market conditions to make informed investment decisions.

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"This will be one of the preeminent Sydney residential development on this southern end of Hyde Park." 
Urban CEO Mike Bird & CBRE's David Milton discuss Hyde Metropolitan, Sydney's newest landmark tower.

Why should you buy a new apartment at Sydney's Hyde Metropolitan?

Melbourne Square already has over 16,000 square metres of on site resident facilities, however we decided to explore the Southbank precinct to see which amenities you've also got within walking distance.

Here are 6 amenities in 60 seconds:

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<h2>BLVD AT A GLANCE</h2>

Developer:&nbsp;<a href="/developers/osk-property">OSK Property</a> 
Architect:&nbsp;<a href="/architects/cox-architecture">Cox Architecture</a> 
Address: 19 Hoff Boulevard, Southbank

If you'd love to learn more about BLVD at Melbourne Square, then submit an enquiry to request a call from a sales agent.

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VIC LOCATION TOUR: What's within walking distance from Southbank's BLVD at Melbourne Square?

Downsizers Henry and Sandra share why they decided to purchase their new home at Aura by Aqualand in North Sydney.

Watch the video to learn more:

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<h2>AURA AT A GLANCE</h2>

Address:&nbsp;168 Walker Street, North Sydney 
Developer: Aqualand 
Architect:&nbsp;<a href="/architects/woods-bagot">Woods Bagot</a>

[smartcode_project_cta:default project_id=30959]

BUYER TESTIMONIAL: How Sandra and Henry found their dream home at Aura by Aqualand in North Sydney

Welcome back to another episode of Luxury Listings! 448 Brighton is a boutique development of 20 exclusive residences, metres from Elwood Beach. Watch our video tour of the newly completed $7.5M penthouse.&nbsp;

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<h2>448 BRIGHTON AT A GLANCE</h2>

Address:&nbsp;448 St Kilda Street, Brighton 
Developer:&nbsp;<a href="/developers/sunkin-property-group">Sunkin Property Group</a> 
Architect:&nbsp;<a href="/architects/sjb-architects">SJB Architects</a> 
Builder:&nbsp;<a href="/builders/wolf-group-australia">Wolf Group Australia</a>

[smartcode_project_cta:default project_id=31946]

448 Brighton is an architectural masterpiece inspired by the natural beauty of its surroundings. The elegant stone facade is complemented by fine metal inlays, creating a protective outer layer from the coastal elements and a tranquil oasis within the home.

Primely situated in a trendy pocket bordering Elwood, Brighton and Elsternwick, you're within walking distance to Elwood Bathers, Elsternwick Park and nature reserve, several shopping and dining precincts, an off-leash dog park, both Elsternwick and Gardenvale train stations and of course the stunning Port Phillip Bay where you can enjoy watersports, relaxing weekends at the beach or navigating the bay trail.&nbsp;

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The development is the award-winning design of renowned architect SJB, with each penthouse boasting its own generous rooftop terrace complete with barbeque facilities and offering incredible views. Penthouse 203 even includes a state-of-the-art private swimming pool.

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As you can see, every detail of livability has been considered within the apartments. You have not one, but three ovens – which is great for entertaining - and a butler's pantry - so if you're downsizing, you don't have to compromise on storage space.&nbsp;

One of the highlights of this home is the fact that it seamlessly extends to a stunning garden designed by famed landscape architect, Jack Merlo. This gives you flexibility to open up the space to host guests and enjoy being amongst nature without the upkeep.

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Throughout the home, you'll notice an emphasis on maximising storage, with a range of high-quality materials selected for longevity - such as pure wool carpets, ducted heating and cooling, and double glazing to all windows.

When you purchase a home at 448 Brighton, you'll also receive an exclusive design consultation with leading interior styling company Coco Republic and indoor greening curation from Plant Society to create spaces that truly reflect your individual style.&nbsp;

[smartcode_project:default project_id=31946 project_image_fid=212460]

If you'd like to call this gorgeous penthouse home, then don't delay in enquiring as properties like this are in demand in such a sought-after area. Submit your enquiry via Urban, and book your own viewing today.

&nbsp;

448 Brighton is a boutique development of 20 exclusive residences, metres from Elwood Beach. Watch our video tour of the newly completed $7.5M penthouse. 

WATCH: URBAN LUXURY LISTINGS EP 2 - 448 Brighton, VIC

Since ground works began in June 2022, Dibcorp's Newstead development, Bide has rapidly taken form and is on track to reach completion this year.&nbsp;

Watch our Construction Update video to learn more.

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<h2>BIDE AT A GLANCE</h2>

Address:&nbsp;21 Longland Street, Newstead 
Developer:&nbsp;<a href="/developers/dibcorp-properties">Dibcorp Properties</a> 
Architect:&nbsp;<a href="/architects/twohill-and-james">Twohill and James</a> 
Builder:&nbsp;<a href="/builders/lps-group">LPS Group</a>

[smartcode_project_cta:default project_id=102309]

Bide will feature 89 expansive homes, with a range of 1,2 and 3-bedroom floorplans available, with a selection of luxury apartments’s offering 270-degree views of the city skyline.

One of the popular drawcards of this development is the stunning on-site amenities which include a luscious and verdant garden spanning 600 square metres and featuring private cabanas and BBQ facilities.

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As you can see, Bide’s construction is well on track to reach completion this year, with topping out anticipated for late June.

The building’s structure is currently up to level 8, with glazing, internal framing and painting starting on the lower floors.

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So far, 90% of properties have already been snapped up, with a significant share being sold to owner occupiers. This is likely due to the development's enviable location, being situated within walking distance to Gasworks Plaza, James Street and Brisbane River – not to mention the variety of top dining and retail Brisbane has to offer.

The success of Bide can also be attributed to the development’s meticulous design which emphasises natural light, generous living and dining spaces and unobstructed city views.

[smartcode_project:default project_id=102309 project_image_fid=163983]

Now is a great time to secure your city view skyhome before Bide sells out. To learn more, submit your enquiry via Urban today.

Construction Update Video: Bide by Dibcorp Properties, Newstead, Queensland

Glen Iris locals Andrea and Wayne recently secured not one, but two apartments in the new Glen Iris apartment development, Galerie.

They're amalgamating the two apartments to become on large apartment.

We recently spoke with Andrea and Wayne to talk about their purchase.

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<h2>GALERIE AT A GLANCE</h2>

Address:&nbsp;1538-1540 High Street, Glen Iris 
Developer:&nbsp;<a href="/developers/lds-property">LDS Property</a> 
Architect:&nbsp;<a href="/architects/ewert-leaf">Ewert Leaf</a>

[smartcode_project_cta:default project_id=112375]

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