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

Video

<a href="/new-apartments/skye-residences-kangaroo-point-8-river-terrace-kangaroo-point">Skye Residences</a> is the newest luxury apartment project by longtime Brisbane developer Pikos Group.

The three-building, Kangaroo Point development with just two apartments per floor has been a hit with local baby boomers since its launch a few months ago.

With everything going on at <a href="/new-apartments/skye-residences-kangaroo-point-8-river-terrace-kangaroo-point">Skye Residences</a>, including the recent construction kick off, Urban CEO Mike Bird caught up with Pikos Group's CEO Michelle Wooldridge to talk about the project in depth.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/_V4d8JV7R8w?si=OcXfZxzrLb4I3-4D" title="YouTube video player" width="560"></iframe>

Wooldridge, a former director at Lendlease and also currently the Queensland Division Council Vice President at the&nbsp;Property Council of Australia, says the <a href="/new-apartments/skye-residences-kangaroo-point-8-river-terrace-kangaroo-point">River Terrace site</a> speaks for itself.

"It's a beautifully designed, beautifully finished product with great amenity, but it's all about the location, it's all about the uninterrupted views, the connectivity to the city," Wooldridge says.

Read more:&nbsp;<a href="/news/qld/skye-residences-the-kangaroo-point-clifftop-location-offering-the-best-of-brisbane">Skye Residences: The Kangaroo Point clifftop location offering the best of Brisbane</a>

[smartcode_project:default project_id=90059 project_image_fid=218021]

<a href="/new-apartments/skye-residences-kangaroo-point-8-river-terrace-kangaroo-point">Skye Residences</a>, under construction by Tomkins Commercial, sits&nbsp;on a vast 2,300 sqm site above the Kangaroo Point cliffs. The <a href="/new-apartments/skye-residences-kangaroo-point-8-river-terrace-kangaroo-point">Conrad Gargett-designed buildings</a> will home 68 luxury apartments.&nbsp;

Residents will get exclusive access to the 1,000 sqm sky deck which will home an infinity pool and a rooftop leisure and restaurant precinct.&nbsp;

All apartments feature uninterrupted views of the Brisbane City skyline, South Bank, the Botanic Gardens and the Brisbane River.

[smartcode_project_cta:default project_id=90059]

With everything going on at Skye Residences, including the recent construction kick off, Urban CEO Mike Bird caught up with Pikos Group's CEO Michelle Wooldridge to talk about the project in depth

Michael Bird

Everything a buyer needs to know about Skye by Pikos in Kangaroo Point: Five minutes with Pikos CEO Michelle Wooldridge

DM Property recently introduced a rare new off the plan apartment development to the undersupplied Geelong apartment market.

They recently launched Motif, a Rothelowman-designed building on York Street, right near the hear of the action as well as the beach.

With everything going on at Motif, including their recent launch event,&nbsp;Urban.com.au CEO Mike Bird sat down with DM Property Director Brendan Mullan to discuss the project in more detail.

&lt;iframe width="560" height="315" src="https://www.youtube.com/embed/5CPMhzvF7ms?si=R8VGVo-USQe31ugG" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen&gt;&lt;/iframe&gt;

[smartcode_project_cta:default project_id=136615]

Rediscovering Hidden Potential

Mullan recounts the unearthing of Motif's site—an erstwhile garage shed factory concealed for years. The story of an elderly owner, oblivious to the site's true worth, intertwines with the government's strategic push for Geelong's development. This historic context shapes Motif's emergence as a hidden gem. The interview unveils the intriguing backstory of Motif's genesis and its connection to Geelong's larger transformation.

Geelong's Multifaceted Appeal

Over the past seven to eight years, Geelong has undergone a notable transformation. Mullan highlights the city's appeal across education, hospitality, and employment sectors, attracting a diverse buyer demographic. Motif, strategically positioned to align with Geelong's growth, emerges as a testament to the city's increasing desirability. The interview sheds light on how Geelong's current landscape caters to a broad spectrum of residents, setting the stage for Motif's significance.

Crafting Excellence with a Proven Team

Motif boasts a stellar team featuring renowned architects Rothelowman and sales experts RPM, leveraging the success of their previous project, RAR Home. Mullan emphasises the significance of assembling a team with a proven track record in the area. This section explores how the collaboration of experts contributes to Motif's unique identity and market positioning.

Striking Affordability and Quality Balance

A distinguishing factor of Motif is its commitment to delivering quality at an affordable price point. Mullan draws parallels to Melbourne's property scene a decade ago, aspiring to recreate a similar experience without compromising on standards. The interview elucidates on how Motif manages to strike a delicate balance between affordability and maintaining a high-quality living experience.

Powering Ahead with Strong Partnerships

Motif's partnership with Icon Kajima, one of the world's largest property companies, emerges as a cornerstone of the project. Mullan underscores how this alliance instills confidence in buyers amid uncertainties in the builder market. This section explores the positive influence of the partnership with Icon Kajima on buyer perception and the overall credibility of the Motif project.

Grand Launch and Market Resonance

With the completion of the display space, Mullan reflects on the initial market response, citing strong inquiries and early purchases. The upcoming grand launch marks a significant milestone in Motif's journey. This part of the article delves into the public reception and early sales as a reflection of Motif's resonance with the Geelong community.

As Motif Geelong prepares for construction, Brendan Mullan's insights, as revealed in the interview, form a compelling narrative of Geelong's growth and the project's pivotal role in shaping its future. With a commitment to diversity, quality, and collaboration, Motif stands as a beacon heralding a new era in Geelong's urban landscape.

[smartcode_project_cta:default project_id=136615]

With everything going on at Motif, including their recent launch event, Urban.com.au CEO Mike Bird sat down with DM Property Director Brendan Mullan to discuss the project in more detail

Everything a buyer needs to know about Motif Geelong apartments: Five minutes with DM Property's Brendan Mullan

Earlier this year Sunkin Property released Highett Common, their sustainable masterplan in the heart of the sought-after Bayside suburb.

We recently caught up with Scott Jessop, Head of Sales and Marketing at Sunkin Property Group, to discuss the project in more detail.

Highett Common: Shaping the Future of Bayside Melbourne

&lt;iframe width="560" height="315" src="https://www.youtube.com/embed/svkvrP6IGyA?si=Hnll05VBnPeBLC9q" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen&gt;&lt;/iframe&gt;

[smartcode_project_cta:default project_id=108019]

Highett: The Oasis of Bayside Melbourne

Highett boasts beautiful beaches, top-notch schools, golf clubs, and a thriving community. With a mere half-hour train ride to the city, Highett offers the perfect blend of tranquility and urban convenience.

[smartcode_project:default project_id=108019 project_image_fid=212656]

A Pledge to Environmental Sustainability

What sets Highett Common apart is not just its luxury but also its unwavering commitment to environmental sustainability. It's slated to be one of Victoria's rare medium-density Net Zero projects. This goes beyond cost savings; it's about caring for our planet.

The development features solar panels that generate electricity, reducing owners' corporation fees while promoting clean and sustainable energy.

Embracing Electric and Eco-Friendly Living

This project is fully electric, bidding farewell to gas. While some may still appreciate a gas cooktop, the advantages of electric induction are undeniable. It's all part of the effort to create a more sustainable and eco-friendly living environment.

[smartcode_project:default project_id=108019 project_image_fid=212653]

Cultivating a Thriving Community

Highett Common is more than just apartments and amenities; it's about fostering a sense of belonging and community.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Residents will have access to an app that connects them to community programs, events, and services. The goal is to create a vibrant and interconnected community within the development.

A Grand-Scale Endeavor

With an expansive 10-hectare site, the development is thoughtfully divided into smaller stages to ensure a harmonious balance. The first stage comprises 165 apartments spread across two six-story buildings, offering a spacious and open layout that's a far cry from the high-density developments commonly seen today.

[smartcode_project:default project_id=108019 project_image_fid=212514]

An Abundance of Amenities and Greenery

Apart from the spacious apartments, Highett Common offers a wealth of amenities, including a Wellness Centre, an outdoor swimming pool, gyms, dining rooms, and indoor swimming pools.

[smartcode_project:default project_id=108019 project_image_fid=213936]

This scale of amenities is a rarity in Bayside, making Highett Common an exceptional choice for those seeking a high-quality lifestyle.

A Promising Journey Ahead

With construction already underway across the precinct, Highett Common is poised to make a transformative impact on Highett. The development has the potential to drive capital growth in the area, elevating the suburb's status even further.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Experience the Future at Highett Common

The Highett Common display suite offers an immersive experience of what this development has in store.

Highett Common isn't just another development, it's a forward-looking project that values both luxury living and environmental sustainability. It's a testament to the fact that developers today must meet the needs of consumers by creating communities that also care for our planet.

[smartcode_project_cta:default project_id=108019]

Scott Jessop, Head of Sales and Marketing at Sunkin Property Group, unveils the remarkable "Highett Common" project. Nestled in the heart of Highett, Bayside Melbourne, this development promises to redefine luxury living while prioritising environmental sustainability and community building.

Staff Writer

Everything a buyer needs to know about the sustainable Highett Common development by Sunkin Property

Aqualand, a prominent developer in some of Sydney's best locations, is making waves in North Sydney with a strong commitment to revitalising the area.

Urban.com.au's CEO Mike Bird recently sat down with&nbsp;Alex Adams, Aqualand's Head of Sales and Marketing, to understand a little bit more about how Aqualand operate, their dedication to North Sydney's transformation, and their unique approach to development.

&lt;iframe width="560" height="315" src="https://www.youtube.com/embed/C5bR4GqPcac?si=sbVYvS2idHpk-TDp" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen&gt;&lt;/iframe&gt;

[smartcode_project_cta:default project_id=30959]

Why North Sydney and Aqualand's Vision

Aqualand's interest in North Sydney is not just a passing whim; it's deeply ingrained in the company's DNA. Their Managing Director's passion for the area trickles down throughout the entire organisation.

[smartcode_project:default project_id=30959 project_image_fid=218005]

Their commitment aligns with the local council's vision to invest a whopping $4 billion into the revitalisation of North Sydney's CBD, with the goal of creating Australia's premier micro city. Aqualand shares this vision and aims to be a significant contributor to this transformative process.

Future-Oriented Living at Aura

Unlike older developments that catered to the needs of the past, Aqualand is keen on addressing the evolving preferences of modern residents. Technology has been a focal point in their planning, with provisions for electric vehicle (EV) charging in the building, catering to the growing number of EV owners among their buyers.

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Additionally, Aqualand is going the extra mile by offering three Teslas available for all residents to use, making urban living more convenient and sustainable.

The Ongoing Aqualand Difference

Aqualand doesn't consider their job done once the construction is complete. Their commitment extends into post-completion phases. They have a client relationship team that maintains constant communication with residents. What sets them apart is the AQ Club, a client loyalty program that offers benefits like discounts on future purchases, and access to exclusive events and sponsorships.

Creating a Lasting Legacy

Aqualand's forward-thinking approach extends to the retail spaces within their developments. They understand the value of maintaining active, vibrant retail spaces within their buildings. An excellent example is the success of their retail spaces at Lynfield Village and Lulu, a French boulangerie, which has become a local hit.

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Their commitment to offering a diverse and high-quality experience is clear in their diverse offerings, from a French boulangerie to high-end Japanese restaurants and wine bars, all set to open by the time the first apartment is settled at Aura.

A Community-Centric Vision

What makes Aqualand stand out is their dedication to creating not just residences but thriving communities. By integrating their own hospitality assets, they add a personal touch to their developments. This approach not only enhances the lives of their residents but also enriches the overall living experience in the area.

Aqualand's commitment to North Sydney is more than just a development; it's a promise of a better future for residents and the community. With an eye on the future, a focus on technological integration, and a dedication to community development, Aqualand is creating a blueprint for what modern real estate development should look like.

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Aqualand, a prominent player in the real estate development industry, is making waves in North Sydney with a strong commitment to revitalising the area.

Why Aqualand Is committed to North Sydney's transformation: Five minutes with Aqualand's Alex Adams

Welcome back to another apartment tour!

We've recently dived into the heart of Southbank, Melbourne, to discover Salvo's recently completed apartment development, Stature.

Stature, at 119 Clarendon Street, offers a near-perfect walk score for its residents. A mere three-minute stroll will lead you to the vibrant South Melbourne Markets and South Wharf, where a world of culinary delights and shopping adventures await. Cross the river, and you'll find the entire city at your fingertips, thanks to the free tram service that grants you access to Melbourne's treasures. With direct on-ramp access, the freedom to explore greater Melbourne is unlimited.

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We looked around one of the&nbsp;larger of the two three-bedroom configurations available, stretching over a generous 150 sqm.

This property offers a competitive price point for the area, coupled with a timeless interior fit-out that exudes understated luxury. One can't help but admire the exposed concrete ceilings, complemented by gunmetal track lighting, and the warming touch of matte timber flooring.

The generously-sized kitchen features a full suite of top-quality integrated appliances and a convenient island bench. Natural light bathes the space, a privilege of living at this elevation. The bay views, another remarkable feature, are here to stay, as planning restrictions in this area limit neighboring buildings to a maximum of nine levels, ensuring the longevity of your breathtaking vistas.

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The bathrooms are elegantly minimalist, showcasing frameless shower glass, full-height vanity storage, concealed cisterns, and large-format tiling. In the bedrooms, plush carpeting, operable windows for ventilation, and floor-to-ceiling drapes create a serene and inviting atmosphere.

What truly sets Stature apart are its amenities. It's a rare find to have 1000 sqm of communal spaces for just 170 apartments, but Stature defies convention. The opulent common areas are divided across two levels. On Level 12, you'll discover a swimming pool, a state-of-the-art gym, an expansive outdoor area, and a resident's lounge - all perfect for relaxation and socializing.

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On Level 34, two open-air but sheltered terraces await, alongside two additional entertaining spaces and even a dedicated podcasting room for those seeking a creative escape.

For the past two decades, Salvo Property Group has been a key player in the Southbank precinct, delivering over 3000 apartments with a combined value exceeding $1.5 billion. Their commitment to creating landmark projects has earned them a stellar reputation as a trusted developer in the industry.

[smartcode_project_cta:default project_id=24683]

Stature, at 119 Clarendon Street, offers a near-perfect walk score for its residents

Inside Salvo's newly completed Southbank apartment development, Stature: Urban Video Tour

Welcome to the Monarch Residences! Join us as we dive into the captivating world of Brisbane's top-selling project, where luxury living and visionary design meet.

In this interview we're joined by James MacGinley, Head of Residential at Consolidated Properties. Together, we'll uncover the secrets behind the incredible success of Monarch Residences and give you an exclusive peek into what makes this project truly remarkable.&nbsp;

&lt;iframe width="560" height="315" src="https://www.youtube.com/embed/Kwc6KrSKtsg?si=WoRkMucRkNnD3tdn" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen&gt;&lt;/iframe&gt;

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From the moment you step into the display suite, you'll understand why Monarch Residences is making waves in the real estate scene. MacGinley and his team have crafted an immersive experience that goes beyond the ordinary. While many projects rely solely on renders, Monarch Residences offers something different - a tangible connection. The decision to create a physical display was fueled by the desire to cater to a diverse range of potential buyers, allowing them to touch, feel, and truly envision their future home.

Wondering about the demographics? MacGinley shares that around 85 per cent of buyers are owner-occupiers, exceeding expectations. The project was meticulously designed with these individuals in mind, reflecting their needs and aspirations. The emotional attachment to the finishes and styles chosen is evident, making Monarch Residences more than just a place to live - it's a place to thrive.

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Location, reputation, and trust are the cornerstones of success in today's real estate landscape. Monarch Residences is backed by Blue Chip Developers, a collaboration between Don O'Rorke of Consolidated Properties Group and Scott Hutchinson of Hutchinson Builders. MacGinley sheds light on the unique personal relationship between these industry giants, a partnership that brings this project to life. The physical progress on-site is a testament to their commitment and instills confidence in buyers during these uncertain times.

Curious about Consolidated Properties' track record? With over 40 years of experience, they've delivered more than $3 billion worth of developments across 200 projects. This diverse portfolio, spanning residential, office, and retail spaces, showcases their expertise and commitment to quality.

Looking ahead, Monarch Residences is on track for completion in October 2025, with Hutchinson Builders even ahead of schedule - a rarity in the industry. The estimated move-in timeframe around Christmas 2025 is a reason to anticipate celebrations.

[smartcode_project:default project_id=113455 project_image_fid=211495]

Personally, MacGinley finds the design element to be one of the most rewarding aspects. The penthouse levels, designed by John Wardle Architects and Cottee Parker Architects, are an epitome of luxury, offering breathtaking 360-degree views. These meticulously crafted spaces promise a lifestyle that transcends expectations.

The timeless river views guarantee an uninterrupted skyline, a valuable asset for future growth. Just like the New Farm and Tenerife apartments that appreciated phenomenally over the years, Monarch Residences presents a unique investment opportunity with its front-row seat to the river and city.

[smartcode_project_cta:default project_id=113455]

In this interview we're joined by James MacGinley, Head of Residential at Consolidated Properties to talk about the Toowong apartment development, Monarch Residences

Why owner-occupiers have embraced Consolidated Properties Group's Monarch Residences in Toowong

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.

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<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.

[smartcode_project:default project_id=21809 project_image_fid=215728]

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;

[smartcode_project:default project_id=21809 project_image_fid=215731]

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.

[smartcode_project_cta:default project_id=21809]

"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.

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