Preliminary data by research giant Charter Keck Cramer reveals a 54 per cent decline in Build to Sell apartments across Australia's capital cities, while the Build to Rent boom continues with a 378 per cent increase over the last five years.

Charter Keck Cramer's upcoming National State of the Market Report - Key Metropolitan Areas, scheduled for release in September, will reveal&nbsp;a dramatic transformation in apartment supply patterns across Australia's capital cities between FY2016-2020 and FY2021-2025.

The Build to Sell (BTS) apartment sector has experienced a substantial contraction, with total supply falling by 54 per cent compared to the previous five-year period. The decline represents a reduction of 149,200 apartments across all capital cities.

<img alt="BTS Charter Keck Cramer" data-entity-type="file" data-entity-uuid="3db2ddf3-e7c0-481f-b8b9-63efb365cb80" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-20%20at%2011.26.34%E2%80%AFAM.png?VersionId=bsQl8inhZA7FeiPamnGvw1tse0obBdSd" />

Sydney led the downturn with a decrease of 73,600 apartments, followed by Melbourne (-42,800) and Brisbane (-26,800). Perth and Adelaide also recorded significant declines of 6,400 and 2,400 apartments respectively. Only Gold Coast and Canberra bucked the trend, with modest increases of 500 and 2,300 apartments.

In stark contrast, the Build to Rent (BTR) sector has emerged as a major force in the apartment market, recording a remarkable 378% increase in supply. This growth added 8,590 apartments across the capital cities during FY2021-2025. Melbourne dominated BTR growth with 6,160 additional apartments, while Sydney contributed 2,100 units. Brisbane and Canberra also recorded growth of 800 and 330 apartments respectively. Gold Coast and Perth recorded minor declines, while Adelaide maintained steady levels.

<img alt="BTR CKC" data-entity-type="file" data-entity-uuid="ca13ffd4-ab93-4828-afd2-4c3dccbd2b51" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-20%20at%2011.28.54%E2%80%AFAM.png?VersionId=SXNnpcJuFD36ViWOwF6izBBqcQc3NWao" />

“These preliminary findings indicate a fundamental shift in Australia's apartment development landscape, with traditional Build to Sell models giving way to institutional Build to Rent developments,” said Richard Temlett, Charter Keck Cramer’s National Executive Director of Research.

"This transition reflects changing investor preferences, regulatory environments and housing affordability challenges across major metropolitan areas.”

The complete Charter Keck Cramer National State of the Market Report – Key Metropolitan Areas will provide comprehensive analysis of these trends, their underlying drivers and implications for developers, investors and policymakers when released in September.

Joel Robinson

Build to Sell apartment supply drops 54% in five years across Australian capital cities

Verso Development Group is seeking to bring over 1,100 apartments to the heart of Brisbane's Toowong, with plans filed for a $1 billion, triple tower development known as Toowong Central.

The landmark urban regeneration project "aims to reshape the core of Brisbane’s inner-west riverside suburb."

Covering over 1.4-hectares across&nbsp;Sherwood Road, High Street, and Jephson Street, Toowong Central has been designed by KHA and will comprise three towers rising 49, 55, and 58 levels.

<img alt="Toowong Central" data-entity-type="file" data-entity-uuid="48611e3d-7123-4b99-b2cb-bfa4bc98024f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenities.png?VersionId=yKBexB.BgCkq4OET8fHDkWs0d3DjxOKJ" />

According to the Urban Context Report prepared by Urbis, Toowong Central is positioned as a “city-defining precinct reclaiming Toowong as ‘the best destination in the west’,” with a vision to deliver density differently, strengthen Toowong’s identity, and lead subtropical urban design.

There will be a wide range of apartment configurations, from one-bedrooms to five-bedroom penthouses, as well as short-term accomodation offerings. The design prioritises pedestrian permeability, with an activated public realm featuring a central civic plaza, laneways, and street-level retail and dining.

“The central square’s structure, programming, scale and location creates a social anchor - shaped by its edges, flexible for use, and animated by a diversity of experiences throughout the day and into the evening,” the Urban Context Report noted, reinforcing the project's ambition to become a vibrant community destination.

Design excellence was pursued through an international design competition, attracting entries from renowned practices such as UNStudio and BIG. KHA’s winning design distinguished itself with a ceremonial approach to the public realm, integrating terraces, tiered seating, and green infrastructure to promote social interaction and resilience.

The development builds upon two existing approvals: the 25- and 20-storey towers of the Aviary Toowong proposal, and a separate 25- and 24-storey approval at 88 Jephson Street. Consolidation of these fragmented landholdings under a precinct-wide approach allows for increased community value and cohesive urban integration.

Urbis Director Nicholas Stevenson said Toowong Central will bridge the gap in Toowong's current experience, unlocking the potential of the wider precinct.

"Overcoming experiential constraints and leveraging contextual advantages – Toowong Central will redefine Brisbane's inner west.”

<img alt="Toowong Central" data-entity-type="file" data-entity-uuid="73f7a702-625d-452d-9df2-30a0863ac1e8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/master.png?VersionId=TZdh6wxGC_8IIroXpdkZfuhlS8mFZnea" />

Toowong Central’s ambition extends beyond residential and commercial outcomes. Uses under consideration include a world-class hotel, university facilities, a museum, and health and wellness services, reflecting its role as a western gateway to Brisbane’s growing innovation corridor between the CBD and the University of Queensland.

Urbis Managing Partner James Tuma said Brisbane has no greater opportunity to showcase the future of urban living than Toowong – a sustainable, economically vibrant, and people-centric place that embodies the best of Brisbane.

[The plans] gives us a glimpse into our future as a globally relevant, youthful, entrepreneurial, and distinctly subtropical city.”

$1 billion Toowong Central to deliver 1,100 apartments to undersupplied Brisbane market

In <a href="https://www.apartments.com.au/developments/runaway-bay-qld-4216">Runaway Bay</a>, new townhouse-scale waterfront residences are rare - but ones built to the standards found on Sovereign Island are almost unheard of.

<a href="https://www.apartments.com.au/new-townhouses/ocean-suites-on-jennifer-10-12-jennifer-avenue-runaway-bay-qld-4216">Ocean Suites on Jennifer</a>&nbsp;changes that, delivering a calibre of construction and detailing that places its seven villas well above the typical market offering in this northern Gold Coast pocket.

Ocean Suites on Jennifer will be move-in ready before Christmas this year, giving buyers the chance to spend the summer on the water in one of Runaway Bay’s rare new waterfront residences.&nbsp;

[smartcode_project:default project_id=138718 project_image_fid=214444]

The development is a collaboration between <a href="https://www.apartments.com.au/architects/stuart-osman">Stuart Osman Design</a> and <a href="https://www.apartments.com.au/developers/sand-side-developments">Sand Side Developments</a>, with construction by <a href="https://www.apartments.com.au/builders/alroe-constructions">Alroe Constructions</a>.

Architect Stuart Osman says the intent from the outset was to create a home people would be drawn to. “When you build anything, the design is to make you want to go hang out in this house,” he says.&nbsp;

Ocean Suites on Jennifer’s design features a front façade softened with planter boxes, rear pool areas, and rooftop decks looking over the water.&nbsp;

Inside, voids and high skylights bring daylight deep into the centre of each home, while ceiling heights of 2.85 metres maintain a strong sense of volume.

Each four-level residence spans 345 to 388 sqm, with layouts accommodating multi-generational living - a ground-floor bedroom suite for older family members and upper levels for the rest of the household. A lift connects all floors.

[smartcode_project:default project_id=138718 project_image_fid=214435]

For Andrew Erwin, Director at NPA, the project’s appeal lies in both its location and the detail in execution.&nbsp;

"At Ocean Suites, you’ve got a canal-front setting with direct Broadwater access and a level of finish you’d normally only see in the city’s most prestigious addresses. The four-level layouts, the glass-framed living areas, the private pools, even the extended kitchens, every part of it has been designed with the buyer in mind,” he says.

Those buyers have so far been a mix of Gold Coast locals and interstate purchasers, many seeking a lock-up-and-leave holiday home or a downsized residence without sacrificing space for visiting family.&nbsp;

Older households with teenage children are a recurring profile, drawn to layouts that support multi-generational living and the ability to host extended stays.

[smartcode_project:default project_id=138718 project_image_fid=214432]

Material selection reinforces the project’s quality-first ethos, with every home appointed to a premium standard. Kitchens and ensuites feature engineered stone surfaces, complemented by prestige oak engineered timber floors, Victorian ash hardwood staircases, and soft loop-pile carpet.

Premium lighting, statement pendants, ceiling fans, and Fujitsu ducted air conditioning elevate both comfort and design. Each residence also includes a suite of high-end appliances as standard - Fisher &amp; Paykel integrated fridges, Bosch ovens, induction cooktops and dishwashers, Vintec wine fridges, and Franke sinks.

Beyond the interiors, residents enjoy an enviable lifestyle with rooftop terraces, private plunge pools, fire pit areas, outdoor showers, smart home automation, laundry chutes, and private pontoons.

[smartcode_project:default project_id=138718 project_image_fid=214452]

With no additional upgrade costs, Sand Side Developments underscores its no-shortcuts approach, delivering homes where luxury and amenity come as standard.

Osman adds that the kitchen has been designed as “the main hub of the house” with six metres high skylights above a galley-style layout that “makes it feel bigger, brighter, whiter” and “brings light into the centre of the home.”

Both architect and builder emphasise a shared commitment to delivering the intended design without compromise. “Working with Alroe’s structural team and their construction team, it’s been great to make sure that the look and feel that was originally intended is the result achieved at the end of the project,” Osman says.&nbsp;

[smartcode_project:default project_id=138718 project_image_fid=214453]

Outdoor living has been given equal consideration, with rooftop terraces designed for entertaining with a fire pit and bar, and spacious undercover patios featuring private plunge pools.

The marine access is as carefully executed as the homes themselves. An eight-metre gangway leads to a six-metre private pontoon capable of mooring vessels up to 30 feet, just 300 metres by water from the Broadwater.&nbsp;

Even the orientation of each villa has been optimised to capture long views down the canal, across the Broadwater, and south to Main Beach.

With construction in its final stages, just three of the seven villas remain, priced from $3.365 million to $3.695 million.

[smartcode_project_cta:default project_id=138718]

Sovereign Island standards come to Runaway Bay with Ocean Suites on Jennifer

Without local developer <a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a>, it could be argued that the small suburb of <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> would be left behind when it comes to both new housing and retail opportunities.

Gardner Vaughan, one of South East Queensland’s most reputable builder-developers, has been based in <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> for the last decade. They plan to maintain their presence in the northern <a href="https://www.apartments.com.au/developments/brisbane-qld">Brisbane</a> suburb, just seven kilometres from Brisbane Airport and nine kilometres from the city, with the development of <a href="https://www.apartments.com.au/new-apartments/danby-lane-nundah-village-5-danby-lane-nundah-qld-4012">Danby Lane</a>, the first major project in several years in the heart of the town centre.

GVG will retain one of the commercial spaces in the new mixed-use building for their office headquarters. It will be located in the commercial podium, alongside several other new office spaces. Below will be a street-level retail precinct designed to reinvigorate the local economy, and above, 84 brand-new apartments.

[smartcode_project:default project_id=112531 project_image_fid=320114]

Over 60 percent of the apartments have already been snapped up, with buyers eager to secure one of the rare new apartments in <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a>, as well as to benefit from Gardner Vaughan’s solid reputation and long-standing presence in the local community.

[smartcode_project:default project_id=112531 project_image_fid=320117]

Gardner Vaughan identified the site at the corner of Buckland Road and Danby Lane for its proximity to key amenities. Within 400 metres of the development, <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> Village offers a variety of cafes, restaurants, and pubs. <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> Train Station, just 400 metres away, provides a quick 20-minute train ride into Roma Street.

The development has also attracted young families, drawn to the proximity of not one, but twelve parks, with Boyd Park and Oxenham Park being the most notable. Established families have shown interest due to the close proximity of <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> State School and Mary MacKillop College.

The one- and two-bedroom apartments in the building have already been snapped up, while the larger three- and four-bedroom apartments—ranging from a generous 117 sqm to nearly 200 sqm—remain highly sought after. There are also just three exclusive luxury penthouses left to sell.

With its in-house construction capability, Gardner Vaughan has already commenced construction on-site and expects to complete the building by March 2027. It's hard to see another opportunity to buy brand new in <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a>, where creating a site anywhere near the scale of the Danby Lane is becoming more and more difficult.

[smartcode_project_cta:default project_id=112531]

Why Danby Lane is the focal point for change in Brisbane's Nundah

<a href="https://www.apartments.com.au/developers/metro-property-group">Metro Property Group</a>’s flagship townhouse development, Citrine Townhomes in <a href="https://www.apartments.com.au/developments/rochedale-qld-4123">Rochedale</a>, has reached another key construction milestone, with the first stage of townhouses now in the defects phase.

All building works for Stage 1 are complete, with the internal roads asphalted, line marking finished, and the bin store slab poured.&nbsp;All essential services, including permanent power, sewer, gas, and water, are now connected and operational.

The defects process is expected to continue until late-August.

<img alt="Citrine Townhomes, Rochedale" data-entity-type="file" data-entity-uuid="f48ad1d8-7bb2-424a-a378-2caa4d34c27d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/017%20-%20%20ROLLEY%20PHOTO%20MEDIA%20%20%20-24072025.jpg?VersionId=o5BC3LgYTwxcufsjldO8mkPww3gix1NC" />

Stage 2 is also moving forward steadily, with all townhouses sheeted, the first coat of paint applied, and joinery installed throughout. Tiling has been completed on six of the seven blocks, and the pool is scheduled to be pebblecreted by the end of August.

Stage 3 continues to gather momentum, with external cladding completed on three of the eight blocks. All townhouses have been fully roughed-in for electrical, plumbing, and air conditioning, and the first two blocks have now progressed to internal sheeting.

Stage 1 and 2 are 100 per cent sold and there are now just 10 four-bedroom townhomes left in Stage 3, priced from $1,125,000.

[smartcode_project:default project_id=136295 project_image_fid=211]

Residents at <a href="https://www.apartments.com.au/new-townhouses/citrine-townhomes-rochedale-311-gardner-road-rochedale-qld-4123">Citrine Townhomes</a> can also look forward to high-quality shared amenities. The residents' facility will feature a pool, landscaped areas, and a BBQ space, contributing to a lifestyle-focused community environment.

Metro’s fully furnished display home has generated strong interest locally, reinforcing the market’s confidence in the project. Stage 1 and 2 are completely sold out and Stage 3 has officially launched and is selling fast. Just 10 townhouses remain for sale in the development.

[smartcode_project:default project_id=136295 project_image_fid=273134]

The broader Citrine development comprises 90 three and four-bedroom townhomes designed across two to three levels, offering a contemporary contrast to Rochedale’s surrounding single-family homes.

Located just 17 km from Brisbane CBD, Citrine is within walking distance to schools, parks, and the popular Rochedale Village, home to Coles, medical services, and dining options.

Metro Property Group remains on track for project completion, with settlements forecast for Stage 1 in October/November 2025, Stage 2 in November/December 2025, and Stage 3 in January/February 2026.

[smartcode_project_cta:default project_id=136295]

First stage of townhouses at Citrine Rochedale reaches completion milestone

Victoria

Hawthorn East, located in Melbourne&rsquo;s east, has been one of the city&rsquo;s premier suburbs for generations.

With stately homes lining its leafy streets, independent boutiques and prestigious schools, the suburb offers the fundamentals of a grand, established neighbourhood.

Delivered by Dahua Group, Hawthorn Park delivers the best of Hawthorn East at its doorstep thanks to its prime location on Camberwell Road.

[smartcode_project:default project_id=3730 project_image_fid=171605]

The sophisticated mid-rise features 368 residences in one, two and three-bedroom configurations, designed by award-winning architects Rothelowman.

Arriving at the development, residents will be greeted by textured concrete bands that evoke the idea of stone terraces on a hillside.

&ldquo;The design of the internal architectural fa&ccedil;ades and the lush valley landscape was inspired by the stepped landforms of rice paddy fields and the stone terraces of Machu Picchu&rdquo;, said lead architect Kim Lowman.

[smartcode_project:default project_id=3730 project_image_fid=171606]

A series of public piazzas and retail spaces will activate the area along Camberwell Road, providing a local gathering spot for residents.

Exclusive residents&rsquo; amenities are also on offer, such as a spectacular sky pool, gym, splash pool and rooftop grill.

Other private spaces include a residents&rsquo; garden, multi-function space, lounge and dining, sky walk, rooftop lawn and sky lounge.

[smartcode_project:default project_id=3730 project_image_fid=171604]

&ldquo;Located on the top level, the Hawthorn Park private dining room is the perfect setting for residents to host cocktail parties and exclusive dinners&rdquo;, the project marketing reads.

Each apartment also comes with access to a wellness centre, with a state-of-the-art gym, yoga studio, massage rooms and more.

The garden spaces between the buildings of Hawthorn Park have been designed as places of true relaxation by landscape architect Jack Merlo.

&ldquo;My design for Hawthorn Park has been carefully considered to encourage quiet recreation and reflective moments in traditional garden areas, with a more active lifestyle catered for on the rooftop terraces&rdquo;, he said.

[smartcode_project:default project_id=3730 project_image_fid=171608]

The development boasts 2,000sqm of landscaping that features indigenous and exotic plant species, hardy and flowering trees and contrasting foliage.

Expansive central gardens have been designed as a parkland escape in the urban setting, where residents can enjoy a central lawn, walkway, garden pavilion and hammock lounge.

Interiors continue the theme of the contoured exterior and lush landscaping to provide a unified aesthetic experience.

[smartcode_project:default project_id=3730 project_image_fid=171610]

The development includes high-quality finishes, intelligent floorplans, private park vistas and a wide range of residential options.

Completed last year by Hickory, residents can move in now to this one-of-a-kind property.

[smartcode_project_cta: project_id=3730]

Delivered by Dahua Group, Hawthorn Park delivers the best of Hawthorn East at its doorstep thanks to its prime location on Camberwell Road

max.kwok_55688

Blue chip location and ever-green style: Take a tour through the Hawthorn Park master plan 

ASX-listed developer Cedar Woods has recently opened a new sales office for its 64-hectare Mason Quarter masterplanned community in Wollert, following a surge in demand for property in Melbourne’s north.

Located within the fast-growing City of Whittlesea, Mason Quarter will accommodate over 800 dwellings and is located just 25 kilometres from the Melbourne CBD.

According to Cedar Woods’ chief operating officer, Patrick Archer, land lots continue to sell out soon after each release.

<a href="/developments/wollert-vic-3750"><img alt="" data-entity-type="" data-entity-uuid="" height="1067" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cw_masonsq_078_copy.jpeg" width="1600" /></a>

“Land in Melbourne’s growth corridors is increasingly sought after and buyers are in a rush to get into this strong market.”

The new sales office will help facilitate sales and showcase the unique masterplan design that prioritises access to green space.

The masterplan has been designed to showcase the native vegetation on-site with a 7.9-hectare conservation reserve and over 30 distributed tree reserves with retained mature river red gums.

“We’ve developed a clear vision for Mason Quarter, centred around connection to nature and prioritising outdoor space.”

"There is a great deal of amenity in the area and with a site of this size we will be able to establish a brand-new community to enjoy it," says Archer.

[smartcode_project:default project_id=99962 project_image_fid=160808]

Located on Craigieburn Road in Wollert, Mason Quarter is designed around new and existing amenity.

The development includes plans for two schools, a community facility and is located within walking distance to the future Wollert town centre.

The project is also in close proximity to the Hume Freeway, Metropolitan Ring Road, hospitals, shopping centres and public transport.

[smartcode_project:default project_id=99962 project_image_fid=160810]

Covid safety measures are in place at the new sales office with inquiring purchasers able to book a private appointment with a sales agent.

Mason Quarter will be delivered over the next eight years with large 368sqm land lots now selling from $397,500, subject to availability.

[smartcode_project_cta: project_id=99962]

According to Cedar Woods’ chief operating officer, Patrick Archer, land lots continue to sell out soon after each release

Land sales soar in Melbourne’s north as buyers “rush” into “strong market”

There&#39;s set to be a fresh wave of international returnees over 2022, as Australia once again reopens its borders fully to the world of investors and students.

Some of Victoria&#39;s top developers&nbsp;have been planning for the eventuality, acquiring development sites and timing the launch of their projects to coincide with the expected 2022-rush for apartments.

With many making the move to the unit market as a result of growing housing prices, buying from a developer with a track record and long-term commitment to delivering quality projects has become all the more important for aspiring investors.

Urban takes a look at six developers in Melbourne who are set for a busy 2022.

<h2>1. Neometro</h2>

Melbourne-based developer&nbsp;Neometro&nbsp;is one to watch this year thanks to a range of new developments that unite architecture with community and sustainability.

Delivering developments across Melbourne for more than three decades, the group become Australia&rsquo;s first property developer to achieve B Corporation certification in 2013.

Neometro recently launched Nine Wilson Ave, which will home the final 58 apartments and 15 lofts in Jewell Station Village, their fourth residential building&nbsp;at the southern end of Brunswick near Royal Park.

[smartcode_project:default project_id=93019 project_image_fid=183952]

In conjunction with architecture firm MAA and the local landscape designers Mud Office, Nine Wilson Ave promotes wellbeing, prioritises sustainability and is engineered to last.

Neometro&rsquo;s meticulously crafted residences are the result of a unique, curated approach to uniting architecture, interior design, engineering and construction.&nbsp;

Neometro also recently launched 57 Martin St, just six sustainable townhouses in the nearby Thornbury.

[smartcode_project:default project_id=108576 project_image_fid=175139]

<h2>2. Pace Development Group</h2>

With over 100 projects delivered across Melbourne since conception in 1992, Pace Development Group is an integrated property developer and builder.

Founded by Shane Wilkinson, Pace has grown to a team of 80 that oversees development, acquisitions, planning, architecture, sales and marketing as an end-to-end developer involved in every step of the process.

Set to reach completion this year is there 298-residence development Pace of Blackburn, featuring one, two and three-bedroom apartments, designed by Ascui &amp; Co.

[smartcode_project:default project_id=7211 project_image_fid=39984]

The project will feature resort-style amenities, multiple retail spaces on ground level and an office tower, once completed.

Other projects in the pipeline include four boutique buildings that will make up the Hampton Quarter precinct, as well as Pace&rsquo;s final development in Sunshine North which will launch early this year.

There&#39;s also The Darley, which will rise overlooking Flemington Racecourse, in what will be one of the most exciting projects to hit the market in Melbourne this year.

<h2>3. Lendlease</h2>

Founded in 1951, Lendlease boasts over 70 years of experience in building new communities and shaping cities.

Headquartered in Sydney, Lendlease is a globally integrated real estate and investment group operating across four regions.

Further stages at Melbourne Quarter, a new, vibrant inner-city precinct, are expected to reach completion over the coming year.

[smartcode_project:default project_id=3459]

With a diverse mix of workspaces, living, hospitality, retail and green public realms, Melbourne Quarter is set to house approximately 3,000 residents and engage 15,000 workers.

The 40-level East Tower was recently completed, and Lendlease are offering buyers $0 stamp duty for eligible buyers of the&nbsp;one, two and three-bedroom apartments. One-bedroom apartments start from $446,000.

Currently, the group boasts a current development pipeline of $14.5 billion and feature 100 per cent renewable energy across all Australian building projects.

[smartcode_project:default project_id=3459 project_image_fid=179455]

Lendlease has long been committed to the environment and was named by the&nbsp;Green Building Council&nbsp;of Australia as a 2021 Green Star Champion.

<h2>4. Mirvac</h2>

Celebrating its 50th year in operation in 2022, Mirvac has an unmatched reputation for delivering quality products in the residential development sector.

Founded in 1972, the leading Australian property group has become a trustworthy developer known for its delivery of upfront amenities, diversified product range and quality design.

Mirvac completed over 3,300 residential sales over the 2021 financial year, an increase of 83 per cent on the previous year, with total assets under management growing to approximately $25 billion.

As one to watch, potential buyers and investors should keep an eye on&nbsp;Mirvac&rsquo;s many residential developments, including the launch of&nbsp;Mirvac&#39;s highly anticipated final release at Tullamore, FORME.&nbsp;

[smartcode_project:default project_id=100322 project_image_fid=163021]

FORME residences have been meticulously designed by&nbsp;Mirvac&nbsp;and set within the tranquil surrounds of nature, designed by award-winning landscape architect Paul Bangay.

FORME sits in the wider Tullamore community, which has been a hit with buyers over the last few years. There has been five distinct stages,&nbsp;The&nbsp;Apartments of Tullamore, The Stables, The Club, The Reserve and The Grange.

Tullamore is extremely walkable with over 25 per cent&nbsp;of the site dedicated to green space and trails.

[smartcode_project:default project_id=100322 project_image_fid=167734]

Mirvac are also pressing ahead with their multi billion dollar Yarra&#39;s Edge project, with plans for their ninth tower recently tweaked to be more owner-occupier friendly.

The final apartments remain in Mirvac&#39;s eighth tower, Voyager, the 43-level, 130 metre tower of 310 apartments.

[smartcode_project:default project_id=3494 project_image_fid=184708]

<h2>5. Beulah</h2>

One of the most talked-about developments of 2022 is Beulah International&#39;s&nbsp;STH BNK by Beulah.

The $2.7 billion project will see a&nbsp;dual skyscrapers designed by&nbsp;UNStudio&nbsp;and&nbsp;COX Architecture erected in Southbank.

Once complete, it&nbsp;will top Australia 108 as&nbsp;the Southern Hemisphere&rsquo;s tallest building upon its completion, rising 102 storeys, some 366 metres from the City Road address.

[smartcode_project:default project_id=8804 project_image_fid=27929]

There will be around 449 apartments across the two towers, as well as a hotel, commercial, and retail space.&nbsp;Residents will also have access to a Private Auto Club,&nbsp;a first-of-its-kind in Australia.

The STH BNK Auto Club will see residents have the opportunity to use the fleet of luxury vehicles,&nbsp;from&nbsp;BMWs and Teslas to Porches and Range Rovers.

[smartcode_project:default project_id=2269 project_image_fid=10692]

Last year Beulah acquired the neighbouring site in a strategic move that will allow Australia&#39;s tallest tower to now have four street frontages, with the site increasing to 7,706 sqm.

From thoughtfully considered individual experiences to city-defining mixed-use developments,&nbsp;Beulah&nbsp;is known for its transformative spaces and progressive design approach.

As one to watch,&nbsp;Beulah&nbsp;has cemented its place as a developer to watch with the successful sell-out of Gardenhill and their engagement on high-profile projects.

There&#39;s also plans being prepared for 182-194 Commercial Road, a mixed-use 1,132 sqm site in Prahran, secured last year for $11.4 million opposite the well known Prahran Market.&nbsp;

<h2>6. Buxton Projects</h2>

As one to watch in 2022, Buxton Projects is set to deliver a range of developments this year, including their recently launched Toorak residence, ADA.

A curated collection of 22 private residences in the heart of Melbourne&rsquo;s most sought-after suburb, ADA is the vision of Buxton Projects, Conrad Architects and Jack Merlo.

[smartcode_project:default project_id=92806 project_image_fid=175567]

The development group draws on generations of property and real estate experience to create inspiring spaces for exceptional lifestyles, with a diverse pipeline of development projects across the residential, industrial and commercial sectors.

In November, Buxton Projects purchased a 3,987sqm park-front Malvern East site for $10.5 million, likely to become a townhouse project.

[smartcode_project:default project_id=92806 project_image_fid=175568]

Other projects include Salt Townhomes in Brighton, designed by NTF Architects, which is also expected to reach completion within the next two years.

Urban takes a look at six developers operating in Victoria that you should keep an eye on in the new year.

The top six apartment developers to look out for in Melbourne in 2022

Central 35 is a new 14-storey development located in the heart of Melbourne&rsquo;s north-west suburb of Moonee Ponds.

The development is set to home&nbsp;65 apartments in one, two and three-bedroom configurations, as well as three penthouses, when it is completed in next year.

[smartcode_project:default project_id=107733 project_image_fid=179547]

Just six kilometres from the CBD, Moonee Ponds boasts a mix of historic buildings, ornate, well-maintained fa&ccedil;ades and more contemporary architecture.

Central 35 unique design stands out amongst the streetscape, while referencing the dynamism of the urban lifestyle.

[smartcode_project:default project_id=107733 project_image_fid=179546]

The project includes ground floor commercial and retail offerings, transforming the Hall Street retail strip into an apartment stronghold, while maintaining convenient access to shopfronts and caf&eacute;s.

Boasting a wide array of shops and restaurants, the Moonee Ponds Central Shopping Centre is right on the doorstep of Central 35, as well as nearby parks and recreation facilities within walking distance.

[smartcode_project:default project_id=107733 project_image_fid=179548]

Getting around is easy and convenient with both the Moonee Ponds train station and the local tram stop within 100 metres.

Moonee Ponds is seeing an average population growth of seven per cent per annum, and average capital growth rates at 4.63 per cent over the past ten years.

Nearby, the Queens Park, with its idyllic green surrounds and lovely public art pieces, provide the opportune space to get away from the bustle relax on one of the lakeside picnic tables or the banks of the Maribyrnong River.

[smartcode_project:default project_id=107733 project_image_fid=179550]

With one-bedroom apartments beginning from $405,000, Central 35 delivers apartments below the average median apartment price of $452,000, according to RP Data.

The development is expected to reach completion in 2022.

[smartcode_project_cta: project_id=107733]

Central 35 is a new 14 storey development located in the heart of Melbourne’s north-west suburb of Moonee Ponds. 

Get to know Moonee Ponds: New development Central 35 offers apartments in Melbourne’s north-west

Sierra Hawthorn, located in the vibrant hub of Melbourne's Hawthorn, boasts exclusive amenities for residents to enjoy.

Delivered by JD Group, the 293-residence development is a mix of two and three-bedroom apartments with spacious floorplans.

Floor-to-ceiling windows deliver abundant light and highlight the contrast of rich, dark wood and high-quality stone found within these open-plan residences.

Designed by Rothelowman, the bold architecture of Sierra forms a unique ‘S’ shape, unmissable from Burwood Road.

[smartcode_project:default project_id=2637 project_image_fid=21157]

In the kitchen, oak floorboards, cabinetry, and built-in European appliances create the ideal kitchen to entertain and cook within.

Floor-to-ceiling tiles, clear glazed shower screens, and generous storage characterise the bathrooms, seamlessly blend elegance, form and function.

But it is what is outside the confines of each individual residence that speaks to the true offerings at Sierra Hawthorn.

Urban takes a look at five amenities on offer at the new development.

1. Landscaped Courtyards

[smartcode_project:default project_id=2637 project_image_fid=187171]

Nestled within the Sierra’s elegant curves sit two large courtyards that present a broad, leafy outlook.

The gardens and leafy walkways provide an avenue for peaceful meditation, relaxation or entertaining family and friends.

2. Rooftop &amp; Garden

&nbsp;

[smartcode_project:default project_id=2637 project_image_fid=187172]

The private rooftop garden offers a host of facilities whilst also delivering great views across the Melbourne CBD.

These include Indoor-outdoor dining and a barbeque area with lounges for residents to revel in the outdoor ambience.

3. Sierra Hawthorn Lobby

[smartcode_project:default project_id=2637 project_image_fid=187168]

The imposing entrance at Sierra Hawthorn means that residents, and their guests, are always welcomed home.

Wide, glass-fronted façade, broad inviting stairs and the use of European timber and feature lighting ensure this is a place for grand entrances.

4. Gymnasium

[smartcode_project:default project_id=2637 project_image_fid=187170]

A well-equipped gymnasium with a leafy, courtyard outlook provides opportunities for fitness and relaxation in perfect harmony.

Health-conscious residents can enjoy getting their fitness fix without leaving the comfort of their new surroundings.

5. Swimming Pool &amp; Spa

[smartcode_project:default project_id=2637 project_image_fid=187169]

If you love laps or just enjoy a refreshing dip, Sierra Hawthorn’s sparkling, 22-meter pool is the ideal indulgence. &nbsp;

For those who prefer a refreshing spa day, the spa and sauna provides great amenity to residents.

[smartcode_project_cta:default project_id=94104]

Sierra Hawthorn, located in the vibrant hub of Hawthorn, boasts exclusive amenities for residents to enjoy.


Why first home buyers are keen on the amenities at Sierra, Hawthorn apartments

The Victorian Government has launched a $500 million homebuyer fund that will see the government own a share of 3,000 homes.

Eligible homebuyers can now receive a contribution of up to 25% towards the purchase price of their property, reducing their deposit while avoiding the need to pay Lenders Mortgage Insurance.

The state&rsquo;s Treasurer Tim Pallas says the Victorian Homebuyers Fund (VHF) will help more of the state&rsquo;s residents buy a home.

Most recipients are expected to have a 5% deposit for the house, townhouse or apartment.&nbsp;

The maximum purchase price must be $950,000 or less in Metropolitan Melbourne and Geelong, or $600,000 or less in other eligible regional locations.

The purchase can be for an existing or new property provided that a certificate of occupancy has been issued prior to the date of the contract of sale.&nbsp;

Off-the-plan property purchases are not eligible.

The property must also be vacant when purchased or, if under a lease, the lease must expire within 12 months of the acquisition date and any tenants must vacate the property.

The government will keep a stake in the home until the property is sold or the owner buys out its share.&nbsp;

&ldquo;We will put that money back into the fund, so this will become self-sustaining in all likelihood, given the continuing and historical appreciation and value of assets over time,&rdquo; Pallas said.

To be eligible to participate in the Homebuyer Fund, you need to be an Australian citizen or permanent resident, and earn $125,000 or less per annum for individuals, or $200,000 or less per annum for joint applicants.&nbsp;

Participants must occupy the purchased property as their principal place of residence.

They can not purchase the property from a vendor who is a related person.

The Real Estate Institute of Victoria (REIV) welcomed the Victorian Homebuyer Fund saying it seemed to be &quot;a sensible policy that will be particularly helpful to [first-time] entrants in the property market.&quot;&nbsp;

The Victorian Treasurer denied the scheme would further push up house prices.

&ldquo;It&rsquo;s not something that will effectively augment the price,&rdquo; he said.

&ldquo;We&rsquo;re not putting more money into people&rsquo;s pockets &hellip; we&rsquo;re giving them the opportunity to participate in a competitive market.&rdquo;

Recipients do not need to be first home buyers, but cannot currently own a property.

The Victorian fund is an expansion of the $50 million HomesVic Shared Equity Initiative, which helped more than 330 households into the market.&nbsp;

The maximum purchase price must be $950,000 or less in Metropolitan Melbourne and Geelong, or $600,000 or less in other eligible regional locations

jchancellor-FAypfDUnLy

Who is eligible of the Victorian Homebuyers Fund (VHF)?

At Urban, we find that whenever we list coastal properties, we see an influx of demand – because who wouldn't want to live near the beach?

Southend Brighton is a popular new development that's only a 5-minute drive to Brighton Beach and offers a very reasonable price-point.

There are only 22 homes available, so take a look at our spotlight&nbsp;video&nbsp;to learn more as this is a property you won't want to miss.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/F30CpzItkuk" title="YouTube video player" width="660"></iframe>

<h2><a href="/new-apartments/604-608-hampton-street-brighton">SOUTHEND BRIGHTON</a>&nbsp;AT A GLANCE</h2>

Developer: Southend Property Group 
Estimated completion: Dec 2022 
Address:&nbsp;604-608 Hampton Street, Brighton VIC 3186

[smartcode_project_cta: project_id=94152]

Southend Brighton is located on a desirable site, at 604 Hampton Street, with a thriving collection of cafes, shops and gourmet grocers within walking distance.

You're just a 30-minute drive from Melbourne CBD and minutes from the beach, perfectly positioned to enjoy a relaxed lifestyle, while the city is also within easy reach.&nbsp;

We know that location is a significant factor to consider when buying property, and it's clear that Southend Brighton ticks all the boxes.

[smartcode_project:default project_id=94152 project_image_fid=171494]

The interiors of the Southend Brighton apartments are stylish and give you the perfect canvas to customise your home to reflect your personal style.

Kitchens feature LED lighting, integrated appliances and a generous amount of storage, while the bathrooms feature luxurious walk-in showers, ceiling height mirrors, concealed cisterns and warm LED lighting.

[smartcode_project:default project_id=94152 project_image_fid=171495]

One of the best features of these homes is the seamless flow between indoor and outdoor living.

It's easy to imagine summer evenings enjoying the warm breeze on your private patio or spending weekends creating your own veggie garden or entertaining friends.&nbsp;

If you love the sound of Southend Brighton, then&nbsp;<a href="/new-apartments/604-608-hampton-street-brighton">enquire today</a>&nbsp;so you don't miss out on this fantastic opportunity.&nbsp;

[smartcode_project_cta: project_id=94152]

Southend Brighton is a popular new development that's only a 5-minute drive to Brighton Beach and offers a very reasonable price-point. There are only 22 homes available, so take a look at our spotlight video to learn more as this is a property you won't want to miss.

Olivia Round

Apartment Spotlight Video: Southend Brighton by Southend Property Group in Brighton, Melbourne

Residents have moved in to the completed Glen Waverley apartment project Sky Garden.

The striking project was developed by Golden Age Group to a design by Rothelowman.

With buyers having moved in, Urban spoke to first home buyer Adam Feng about his property buying journey, and what he loves about Sky Garden.

[smartcode_project:default project_id=2881 project_image_fid=168799]

MK: How did you hear about Sky Garden and were you in the market for a new property at the time?

AF: I used to work at The Glen and would often see Sky Garden salespeople at the kiosk and display suite. At the time I didn&rsquo;t consider buying, but three years later after making enough money, I chose to buy at Sky Garden.

MK: What stood out to you about Sky Garden that assisted you in your decision to buy?

AF: The outdoor environment, especially the huge garden podium. I walk around it at least five times a week, if not every day.&nbsp;

Also, the lift goes directly to the lower ground floor, where The Glen is, so that&rsquo;s super convenient.

The soundproofing in my apartment is really effective. Even though I&rsquo;m facing Springvale Road which can be quite busy, the noise is completely blocked out.&nbsp;

<img alt="" height="898" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-08-30_at_11.33.31_am.png" width="1254" />

MK: What made you decide to buy off-the-plan rather than an existing dwelling?

AF: My apartment was new but already finished when I moved in.&nbsp;

MK: What do you love most about living at the development?

AF: I love the sauna and pool. Not many people use it at 7am, so when my girlfriend and I work out in the morning, we have the whole place to ourselves. We use it at least five times a week.&nbsp;

[smartcode_project:default project_id=2881 project_image_fid=168800]

MK: Is this your first property purchase? How did you find the due diligence research and purchase process?

AF: Yes, it&rsquo;s my first property purchase. I decided I wanted to buy at 18 and started saving, and settled at Sky Garden at the age of 20. The purchase process was good, my only recommendation would be to ensure you do enough research on your own personal financial situation before looking to buy.&nbsp;

MK: Which colour scheme did you choose for your apartment and how did you personalise your home?

AF: I chose my apartment for its lucky number (909A)&nbsp;over the colour scheme (which is light) and also for its view facing the bay and south side. We can see the police academy on top of the hill which is pretty cool.&nbsp;

Our one-bedroom apartment is perfect for my girlfriend and I, but we bought a sofa bed in case we have visitors. There is a large floor-to-ceiling window, which we have positioned my girlfriend&rsquo;s piano beside &mdash; that&rsquo;s probably the most creative thing we have done with the place.&nbsp;

<img alt="" height="828" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-08-30_at_11.33.18_am_0.png" width="1374" />

MK: Would you recommend living at a lifestyle precinct like Sky Garden? &nbsp;

AF: I would definitely recommend Sky Garden. Firstly because it&rsquo;s super convenient in terms of location and having The Glen right downstairs.&nbsp;

Secondly, the views are unobstructed as we&rsquo;re the tallest building in the area so when I look out my window there&rsquo;s nothing in the way, unlike the city.&nbsp;

[smartcode_project_cta: project_id=2881]

Urban spoke to first home buyer Adam Feng about his property buying journey

Why a first home buyer secured a Sky Garden, Glen Waverley apartment

Investors have been flocking to Ryrie Home, Franz&eacute; Developments&rsquo; latest mixed-use development that forms part of the new Geelong Quarter.

Located at 44 Ryrie Street, Ryrie Home sits in the heart of the regional city&rsquo;s art precinct, pitching its proximity to Melbourne and cheaper housing prices as a drawcard for investors and owner-occupiers alike.

The project was listed as Urban&#39;s most popular investor project for Q1 2021 thanks to Geelong&rsquo;s low vacancy rate of 1.7 per cent and the 10 per cent per annum growth in apartments over the last three years.

And the transport improvements in Geelong, including the $100 million fast rail and the&nbsp;$6.7 billion Westgate Tunnel which will shave 20 minutes off any commute, has investors keen on securing a property in the growing area.

[smartcode_project:default project_id=5559 project_image_fid=88241]

Population growth is always a key driver for increased demand in the residential market, especially in regional areas.

With Geelong&rsquo;s population growth forecast at 3.14 per cent per annum, the demand for housing tends to&nbsp;yield consistent returns.

Geelong supports over 100,000 jobs, with Greater Geelong&#39;s output of economic development pegged at over $31 billion.

[smartcode_project:default project_id=5559 project_image_fid=168395]

The previously industrial city on the western edge of Port Phillip Bay is changing into one driven by services, as a range of major businesses shift head offices to Geelong.

Among these include Qantas, KFC, WorkSafe, Jetstar and the NDIA federal government agency administering the National Disability Insurance Scheme.

There&#39;s further development of new buildings, including the $174 million Geelong Convention Centre on the waterfront which will have 1000 seats and an exhibition centre.

There will be a new $91 million HQ for the Geelong council with 10,000 sqm of office space. Nearly $175 of increased tourism expenditure will come from the Spirit of Tasmania, which will relocate to the Geelong Port by 2029.

[smartcode_project:default project_id=5559 project_image_fid=88246]

Property investors are also being drawn to the region with the Bellarine Village Shopping centre selling for $38 million, and investment giant Brookfield looking to sell their 50 per cent stake in Geelong Port, which some investors say has a $1.8 billion value.

Ryrie Home is a short walk from the train station, shopping, dining, and the foreshore, as well as educational offerings, including Deakin University, which has over 60,000 students.

[smartcode_project:default project_id=5559 project_image_fid=88248]

The ground floor of the development will be activated with a curated selection of retail stores for buyers&rsquo; convenience.

The new development is a contemporary residential space in a well-connected village.

Designed by Architectus, the project boasts an authoritative and restrained grid fa&ccedil;ade, pedestrian laneways, commercial retail, and F&amp;B spaces, as well as hotel and residential lobbies.

Each residence has been cleverly planned to deliver great amenity, comfort and abundant storage, including a dedicated laundry room.

[smartcode_project_cta: project_id=5559]

Investors have been flocking to Ryrie Home, Franzé Developments’ latest mixed-use development that forms part of the new Geelong Quarter

Why Ryrie Home, Geelong apartments have been a hit with investors

The Peak is the newest thin-scraper in the heart of the Melbourne CBD from developers Auriton, in joint venture with the Vic Investments Management Group (VIMG).

Comprising a collection of 177 one and two-bedroom apartments, the project occupies the site of the former pulsing jazz venue on Bennetts Lane.

&ldquo;Find your space, secluded high above the hustle and bustle of city life&rdquo;, the project marketing reads.

[smartcode_project:default project_id=2905 project_image_fid=162743]

Designed by Plus Architecture, the tower delivers 43 levels of residential apartments and amenities, and three levels of ground-floor retail fronting La Trobe Street.

The homes feature a classic, minimalist aesthetic, with white accents contrasting against black and gold.

[smartcode_project:default project_id=2905 project_image_fid=162741]

Each apartment is available in either light or dark scheme, allowing residents another way to customise their home.

Light timber floors maintain the timeless palette, as well as floor-to-ceiling windows and panoramic views across the city and the Carlton Gardens that reside below.

[smartcode_project:default project_id=2905 project_image_fid=162748]

The architects and developers have focused on form and function, with smart inclusions and clever storage options.

Designed to be sleek and understated, the kitchens feature Bosch stainless steel appliances, stone bench tops and gold fixtures, providing the ideal atmosphere whether entertaining or relaxing.

[smartcode_project:default project_id=2905 project_image_fid=162742]

Apartments in the tower boast large floorplans, as well as a sky deck for all residents to utilise.

Other communal facilities in the project include a shared lounge, kitchen and dining room and expansive outdoor balconies.

Residing on the fringe of the education precinct, The Peak is located only a short walk away from RMIT and the University of Melbourne, as well as arts, entertainment, dining and natural wonders.

&nbsp;

<h2>Who is VIMG?</h2>

Vic Investments Management Group (VIMG) is one of the most respected local property developers in Australia.

The group has earned an enviable reputation in property development by providing customers with a high level of service across its service range.

Some of their recent projects include&nbsp;<a href="/new-apartments/coventry-haus-33-coventry-street-southbank">Coventry Haus</a> in Southbank and&nbsp;<a href="/buildings/metrolitan-melbourne-137-bourke-street-melbourne">Metrolitan Melbourne</a>&nbsp;on Bourke Street.

[smartcode_project_cta: project_id=2905]

Comprising a collection of 177 one and two-bedroom apartments, the project occupies the site of the former pulsing jazz venue on Bennetts Lane

Victoria

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