Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

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"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

[smartcode_project:default project_id=135096 project_image_fid=356818]

After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

[smartcode_project:default project_id=135096 project_image_fid=356828]

Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

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The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

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Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

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Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

[smartcode_project:default project_id=135096 project_image_fid=356822]

ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

[smartcode_project:default project_id=135096 project_image_fid=356826]

For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

[smartcode_project:default project_id=135096 project_image_fid=351102]

Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

Joel Robinson

From ONE to ERA: Why buyers are choosing GWH again in Newcastle West

Virgate Property Group is preparing to commence construction of Verdé, its new apartment development in Melbourne's Arts Precinct at Southbank, following a strong run of sales that has seen more than half of the project's 173 apartments secured.

Verdé has attracted a broad mix of first home buyers, owner-occupiers upgrading from nearby inner-city suburbs and investors, with younger owner-occupier couples aged between 28 and 45 accounting for the strongest enquiry. Many are already living in Southbank, South Melbourne, Albert Park, Port Melbourne, South Yarra and the CBD.

"Verdé is located in one of the most desirable pockets of southern Melbourne," Blair Property Group Director Darren Blair, who is managing sales at Verdé, said.

"It's within walking distance of the Arts Centre, Royal Botanic Gardens, Albert Park Lake, and Southbank's restaurants and retail. It's a great lifestyle location with strong amenity and liveability, which made it a very attractive choice for the project."

[smartcode_project:default project_id=4661 project_image_fid=372549]

Virgate was already familiar with the precinct, having previously delivered the successful Domain House development in neighbouring South Melbourne. That experience gave the developer confidence to acquire the Coventry Street site and continue expanding its presence in Melbourne's inner south.

"We had been keeping an eye on the site and the broader precinct for a few months before deciding to move forward with the acquisition," Virgate said.

The project was ultimately secured in 2020 following feasibility studies, planning assessments and due diligence, with the brief centred on delivering "a high-quality, considered design that feels both refined and fit for purpose."

[smartcode_project:default project_id=4661 project_image_fid=314259]

Designed by <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, Verdé comprises 173 one, two and three-bedroom apartments priced from $599,000. The architecture is distinguished by a faceted glass façade that responds to both the site's outlook and Melbourne's changing light conditions.

According to Bruce Henderson Architects, the coloured glazing gives the building a distinctive identity while also providing privacy and solar shading, with residences oriented to capture views across the bay, city skyline and surrounding parklands.

Inside, <a href="https://www.apartments.com.au/interior-designers/designoffice">DesignOffice</a> has created interiors focused on natural light, efficient planning and enduring materials. Apartments feature engineered oak flooring, natural stone benchtops, floor-to-ceiling glazing and SMEG appliances, while a restrained material palette aims to complement the expansive outlooks rather than compete with them.

[smartcode_project:default project_id=4661 project_image_fid=372550]

Resident amenity has also been designed around everyday functionality rather than occasional use. Facilities include a concierge-serviced lobby, residents' lounge with fireplace, library and co-working space, gym, terrace garden with barbecue facilities, ground-floor café, and package delivery management.

The project's location continues to be one of its strongest drawcards. Positioned on Coventry Street, Verdé sits within walking distance of the National Gallery of Victoria, Arts Centre Melbourne, Royal Botanic Gardens and Albert Park Lake, while Southbank's dining precinct, Sturt Street trams and the new ANZAC Station are all nearby. The surrounding education catchment also includes Melbourne Grammar, Melbourne Girls Grammar, Mac.Robertson Girls' High School and several major university campuses.

The sales team says buyers have responded particularly well to the combination of location, design quality and long-term liveability.

"They're responding really positively to the quality of the design, premium resident amenities and the uninterrupted views. Many also appreciate the location and how connected it is to everything they need."

The ability to secure stamp duty savings before completion has also been a key factor for purchasers, alongside the opportunity to personalise finishes ahead of settlement.

With construction set to commence soon and more than half the apartments already sold, Verdé enters its next phase as one of the Arts Precinct's more established apartment developments, offering remaining buyers an opportunity to secure a residence before construction advances further. Expected completion is scheduled for late 2027.

[smartcode_project_cta:default project_id=4661]

Virgate's Verdé Southbank moves toward construction as sales fly past halfway stage

Downsizer-focused apartment development Kooyongkoot in Hawthorn has been recognised at the 2026 Better Future Melbourne Design Awards, taking home Gold and Silver awards in two categories.

<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a>, currently being delivered by developer PQD and designed by Cera Stribley, received Gold in the Interior Design – Proposed category and Silver in the Architecture – Proposed category.

The dual recognition reflects the design approach behind the boutique development on prestigious Kooyongkoot Road, where the focus has been on creating homes for downsizers seeking the space, quality and functionality of a detached house within a low-rise apartment building.

Rather than maximising apartment numbers, <a href="https://www.apartments.com.au/developers/pqd">PQD</a> and <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a> limited the development to just 18 residences, allowing for larger floorplans, greater privacy, generous landscaping and expansive communal spaces.&nbsp;The majority of the apartments also benefit from corner aspects, allowing for dual sources of natural light.

Now around 70 per cent complete and on track for completion in November 2026, Kooyongkoot will comprise a mix of garden residences, ter​race apartments, sub-penthouses, and is crowned by two half-floor penthouses with direct lift access and private rooftop terraces.

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The Silver Award for Architecture recognised the way the building responds to its prominent corner position at the ent​rance to Hawthorn's Scotch Hill precinct, one of Melbourne's most established residential neighbourhoods.

Rather than competing with the grand homes that line Kooyongkoot Road, the architectural approach focused on restraint and longevity, using curved brickwork, generous landscaping and carefully considered proportions to integrate with the existing streetscape.

"The form feels fluid and timeless, as though shaped by the landscape itself – architecture that belongs, rather than competes," said Chris Stribley, Co-Founder and Managing Principal of Cera Stribley.

The judging submission also highlighted practical innovations throughout the building, including lift cores servicing only nine homes each, a central landscaped lightcourt designed to bring daylight and ventilation into the building, and fully enclosed private storage rooms with lighting, power and shelving to better accommodate residents transitioning from larger family homes.

[smartcode_project:default project_id=102717 project_image_fid=355293]

The Gold Award for Interior Design recognised the project's focus on long-term liveability rather than display-home aesthetics.

According to the awards submission, the interiors were designed from the inside out, prioritising how homes would function over decades of daily use through generous proportions, practical storage, durable natural materials and flexible layouts.

The specification includes natural stone throughout, upgraded acoustic glazing, V-ZUG appliances and fully enclosed storage rooms, alongside an amenity offering focused on wellness, entertainment and everyday convenience.&nbsp;

Residents will have access to a gym and yoga studio, a wellness centre featuring traditional and infrared saunas, a cold therapy shower and treatment room, as well as a residents' lounge and golf simulator/cinema room for entertainment.&nbsp;Kooyongkoot has also considered the everyday convenience of its residents by offering a private carwash and pet wash facilities on site as well as dedicated parcel lockers and oversized fully enclosed storage rooms.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355303]

The project's attention to detail has already resonated with buyers. Earlier this year, Kooyongkoot recorded one of Boroondara's highest apartment sales when an $8 million penthouse was purchased by a Melbourne CEO downsizing from a nearby family home.

"Every detail feels deliberate, from the overall design down to the smallest touches," the purchaser said.

"The level of quality and refinement is exceptional, but what really sold it was how liveable it felt... It felt like a place where everything had been considered, not just a luxury building."

[smartcode_project:default project_id=102717 project_image_fid=355304]

Sustainability also formed a key part of both award submissions. Kooyongkoot is targeting a minimum 7.5-star NatHERS rating across all residences, supported by passive design principles, high-performance glazing, EV charging infrastructure, water reuse systems and a wellness model focused on lower-energy dry facilities rather than pools and large wet areas.

Located within walking distance of Scotch College, Methodist Ladies' College, Koo​yong Lawn Tennis Club, Aubur​n Village and Camberwell Junction, Kooyongkoot continues to target owner-occupiers looking to remain in Melbourne's inner east without compromising on space or quality. A limited selection of two, three and four-bedroom residences remains available, with prices starting from $1.9 million.

[smartcode_project_cta:default project_id=102717]

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

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]

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

Apartment Development

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Approval has been sought for a $200 million mixed-use development in Brisbane CBD's Quay Street precinct.
Maple Development Group have lodged the application for the Rothelowman-designed project proposing 255 one, two, three and four bedroom residential apartments.
There is also set to be a five-star serviced apartment building, commercial offices and a podium-level retail and entertainment space.
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Construction is expected to commence in 2021 pending DA approval next year.
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At the heart of the 3,115 sqm project at 57 Coronation Drive will be a restoration of one of Brisbane's oldest properties.
Davidson's Residence, originally built in 1868, will serve as the reception area.
Maple Development Group development manager Gilbert Zhu said the yet-to-be-named project’s subtropical public realm would be instrumental in reinvigorating the Quay Street precinct by connecting the CBD with Milton, Petrie Terrace and South Brisbane with a meaningful lifestyle hub.
“We’ve gone to great lengths to ensure that the project will make a significant contribution to the city of Brisbane,” Zhu said.
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“Residents will be able to enjoy riverside living while at the ground floor the open space would provide a 24-hour accessible ground plane that would connect residents, visitors and locals to future shopping and dining options, as well as Roma Street Station and the Bicentennial Bikeway. 
“There would be ample underground parking for residents and visitors, and we have also included more than 500 onsite bicycle parking spaces to encourage active transport.” 
Rothelowman principal Jeff Brown, who led the project design team, said what makes the project truly unique to Brisbane’s development landscape is its interaction with the 151-year-old Davidson’s Residence, which is located on the development site along Quay Street. 
“Davidson’s Residence provided a rare opportunity to unlock a piece of Brisbane’s rich history,” he said. 
“The design has been structured to allow the heritage building to take a prominent position between the buildings, importantly maintaining its original location and setting. 
“This ensures it is the focal point for the whole site and allows it to reclaim its original connection to the river.” 
The heritage-listed home will play a vital role in the development, serving as a reception area for the serviced apartments. 
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“A lot of time was dedicated to planning how we could not only maintain the heritage building, but celebrate its existence and give it new function,” Mr Brown said. 
“Visitors would have the chance to experience a significant piece of Brisbane’s history.”
 
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Approval lodged for a $200 million mixed-use development in Brisbane

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A new apartment development in Melbourne’s western suburb of Williams Landing has been completed.
ASX-listed developer Cedar Woods Properties’ Lancaster Apartments, which was designed by Designed by DKO Architecture, has settled.
Lancaster is Cedar Woods’ third development in the area after the sold-out Newton and Oxford Apartments, with a fourth, Lincoln Apartments, on the way.
According to a recent Urbis report, the median price for an apartment in the area has nudged over $400,000 - an increase of 15.4% over three years.
Weekly rents have increased by 5.4% in the past year, with vacancy rates sitting at 5.5%, the Urbis report said.
Williams Landing benefits from transport, amenity and infrastructure links, Cedar Woods’ state manager for Victoria, Lloyd Collins, said.
 “Rental demand is, of course, one of the key indicators of the financial health of investment properties, so we are pleased to see that newly completed apartments are achieving low rental vacancies,” says Collins.
<img src="https://www.urban.com.au/images/2019/9/2/Lancaster_Entrance.png" alt="">
Ela Caglayan, a 23-year-old buyer’s assistant at Target Australia – which relocated its headquarters to Williams Landing at the end of 2018 – has recently moved into Lancaster as a first home buyer.
“I’ve always wanted to live in an apartment,” said Caglayan.
“Once Target relocated from Geelong to Williams Landing, I saw the opportunity to finally invest in my first property, which not only suited my lifestyle but was also affordable and allowed me to take advantage of the first home owners grant.”
“Now I’m able to live close to work, which is definitely a bonus, but I also saw strong growth prospects for Williams Landing – the investment was too good to pass on. I’m looking forward to watching the suburb develop.
“A few of my family and Target colleagues have already moved to the area, and I think more are interested in buying into the community.”
 
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j.ballantyne1990-6AQqhLzZaK

New Williams Landing development Lancaster Apartments completed

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There are only five floors to go until Adelaide's tallest building, Adelaidean tops out.
Adelaidean has a mix of three bedroom owner-occupier apartments with a blend of investment apartments.
The display suite will open this weekend.
There are a total of 75 apartments, including 40% of the apartments with three bedrooms. 
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The apartments feature large living areas, floor to ceiling double glazing, three metre ceilings on level 32-36, and at least one car park. 
All three bedroom apartments comes with double walk-in robes and two car parks. 
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Adelaide's tallest building The Adelaidean to top out soon

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Laila in Carnegie, Steller’s latest apartment development has incorporated a new ‘flexible space’ product into it's one bedroom apartments.
Located at 7 – 11 Belsize Avenue, all Laila one-bedroom apartments now include a flexible space component which allows purchasers to choose between incorporating a butlers pantry, study or nursery into the floor plan.
With the addition of this space, one-bedrooms are now 54 to 70 square metres.
According to James Cirelli, Steller’s Project Sales &amp; Marketing Director, this product offers an affordable way for purchasers to add value to their homes while adapting to their own individual requirements.
“Design expectations for off-the-plan developments continue to rise as buyers become savvier about their home and how it needs to function. This flexible space component opens up a world of possibilities for our Laila first home buyers, downsizers and expecting families,” said Cirelli.
With 35 one, two and three-bedroom apartments across four levels, Laila has been designed by architects Ewert Leaf.
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Alongside its expansive one-bedroom apartments, two-bedrooms range from 69 to 100 square metres and three-bedrooms from 125 to 138 square metres.
Cirelli said that Laila caters to the evolving needs of the modern buyer, who want to be close to cafés, shops and recreational facilities.
“Steller’s approach to development is community-centric and we recognise that buyers are now considering a multitude of factors in their purchase, including aesthetics, interior design, location, amenities and community,” he added
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“The flexibility of Laila’s location allows for unrivalled access to coveted school catchment zones. Iconic Caufield Racecourse is just 10 minutes away and offers a range of family- friendly and sporting events throughout the year.”
“Close proximity to nearby Koornang Park and Lord Reserve is an added bonus for Laila residents who can enjoy a weekend stroll or spontaneous family picnic,” he said.
The Laila display suite is now open and prices start from $550,000.
Steller’s flexible space component has also been incorporated into its recently launched Maude Residences at 7-11 Maude Street, Cheltenham and Sora at 13-15 Hamilton Street, Bentleigh.
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Laila in Carnegie development adds 'flexible spaces' to its one bedroom units

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Australia national new apartment market is set to show signs of recovery in 2019, according to the Urbis Q4 Apartment Essentials Report.
They found with new stock coming in and sales experiencing speed bumps, national apartment sales as a percentage of available stock surveyed has dropped to a new low of 7.7% in quarter four.
"We’ve seen fluctuating results around the country," said Clinton Ostwald, Director at Urbis. 
"In many markets, buyers are soaking up the existing completed stock as the brakes have been put on new launches.
"In other markets, new projects are still being launched to market, replenishing the supply and leading to steady sales.
"Sales rates have been dropping for the last two years, so it’s no surprise that 2018’s results were lacklustre in comparison to 2017."
The report found in Sydney, sold stock averaged 21% of available supply throughout each quarter in 2017 but that dropped by 5.5% in 2018.
Melbourne and the Gold Coast followed suit, with a smaller drop of roughly 4% over the same period.
However Brisbane and Perth, the markets that have seen the least new stock enter, have actually seen slight increases percentage of stock sold in 2018.
Urbis said "it’s not the stock crisis we imagined one year ago".
"Lower levels of new stock entering the market has continued to replenish the slow sales throughout 2018, with 24,000 new apartments launching throughout the year," said Ostwald. 
Melbourne had the most built over 2018 with roughly 11,244 new apartments entering the market, while Sydney placed second in the country with 4,810 new apartment launches.
Brisbane remained an outlier with no new launches in the quarter, however the report noted that "the first half of 2019 will likely bring over 1,000 new apartment launches for the sunny city".
Apartment approvals are at their lowest in the history of Urbis’ Apartment Essentials, sitting at 4,576 in quarter four 2018. 
"We need to keep an eye on supply levels as ongoing population growth, particularly on the East Coast, will quickly take up available supply," said Ostwald.
"This may result in a housing supply shortage in the next 12 to 18 months as we are also seeing fewer completions in the greenfield house and land market."
46% of total sales for 2018 were attributed to owner occupiers.
Interstate investors accounted for 19% of sales, up 10%.
Local state investors, who previously accounted for 30% of the market in 2017, dropped down to 17% in 2018, in line with foreign investors.
7.7% of the surveyed available stock was sold in the December quarter across the five markets:
The national weighted average sale price was recorded at $705,226 for Q4.
Average apartment sale price:
<ul>
<li>Sydney – $899,793</li>
<li>Melbourne – $656,739</li>
<li>Brisbane – $831,884</li>
<li>Perth – $602,524</li>
<li>Gold Coast – $715,032</li>
</ul>
The most popular apartment sales were two-bedroom, two-bathroom apartments, making up 47% of total sales.
Across the cities the highest selling product types were:
<ul>
<li>Sydney – One-bedroom, one-bathroom apartments – 48%</li>
<li>Melbourne – Two-bedroom, two-bathroom apartments – 44%</li>
<li>Brisbane – Two-bedroom, two-bathroom 53%</li>
<li>Perth – Two-bedroom, two-bathroom – 41%</li>
<li>Gold Coast – Two-bedroom, two-bathroom – 66%</li>
</ul>
The report found 25% of actively selling apartments are in presales, 49% are under construction and 26% are recently built.
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New apartment market to show signs of recovery in 2019: Urbis

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Westside in Queensland Indooroopilly is set to host a first ever 48 hour open home.
There are only five brand new apartments left in the Village Building development, which are being marketed by Place Projects.
"We are committed to delivering the ultimate customer experience across 48 exciting hours," the marketing advises.
There will be guided tours, classes and events held by local businesses, free coffee each morning, prizes and property advice and insights.
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On the Friday night there will be an exclusive rooftop barbecue overlooking the city.
The event will run from Thursday at 4.30pm until Saturday at 4.30pm.
Westside on the higher side of Indooroopilly was recently completed.
 
 
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First ever 48 hour open home in Indooroopilly

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Marquee Development Partners has launched a new Gold Coast project, the $35 million Stanhill apartment development on Chevron Island.
The nine level building will be built on a 1,639 square metre site on the corner of Stanhill Drive and Weemala Street.
Its will offer views of the waterways and Surfers Paradise skyline.
Marquee Development Partners' CEO Mark Spedding says initial buyer demand has exceeded expectations.
"We built an eight level viewing platform on site so prospective buyers could witness the spectacular vistas on offer, and this has resulted in a number of reservations taken," he said.
The BDA Architects designed project has builder Rawcorp to construct from this December, with buyers expected to move in the first quarter of 2020.
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"Chevron Island is undergoing a renaissance through urban gentrification,  led by the ongoing development of the Home of the Arts (HOTA), which will soon boast a new $60 million art gallery as part of a planned $380 million cultural precinct” he said.
"With early works underway to establish a green pedestrian and cycle bridge linking Chevron Island to HOTA, residents will soon be less than a five-minute walk from the best music, art and entertainment the city has to offer."
Stanhill comprises a mix of spacious two and three bedroom apartments, priced from $499,000 to $799,000.
Stanhill Chevron Island is Marquee Development Partners' second Gold Coast project, following the success of its Peninsular Residences tower in Surfers Paradise, which is already sold-out and under construction
Marquee Development Partners have delivered the award-winning luxury Haven Newstead and Fleet Lane South Brisbane apartment towers.
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New $35 million Chevron Island luxury apartment building launched

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One Wellington, St Kilda, a new project by property developer, LAS Group Developments and capital partner, Qualitas was launched last week.
It comes with 181 apartments in two towers to be constructed at the triangle of Punt Road, Wellington Street and St Kilda Road.
The development will comprise the east tower with 10 levels and the west tower with 25 levels.
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Set at St Kilda Junction, One Wellington will allows purchasers to personalise both the design and space of their apartments.
Stephen Javens, Director at design firm K.P.D.O., said they are providing three very strong schemes and buyers can then select from the extensive range of beautiful finishes.
Les Smith, Managing Director at LAS Group, said he and the team we want purchasers to become far more involved in the design of their apartments.
"We want people to come and tell us what they want, not ask what we have. If you're a family with three teenagers, we can give you a four-bedroom plan with two living areas. If you're a couple who likes to entertain, we can give you indulgent living spaces," he said.
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Prices for the one-bedroom apartments range from $465,000 to $620,000; two-bed from $695,000 to $1.35 million; three-bed from $1. 9 million to $3.725 million; and the penthouses from $2.45 million to $5.8 million.
 Completion is suggested as mid 2021 through Capital Property Marketing agent Bryce Patterson.
Apartment interiors at One Wellington can be personalised through the flexibility of three different schemes – Minimal (top), Chromatic (above) and Dark (below).
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"Apartments can easily be amalgamated to produce personalised floor plans that work.
"When a customer wants to put two or more apartments together, it can be done without compromising the floor plan," Mr Smith said.
The project will house 200 apartments and include a pool, spa, sauna and gym with its design overseen by fitness guru and former Bachelor star Sam Wood.
There will also be a cinema, residents’ lounge, a roundthe-clock concierge and dry and coolstorage at ground level for grocery deliveries. 
One Wellington will be next to The Icon, at 6 St Kilda Road, St Kilda, also known as “the Lego tower”, given it resembles stacked cubes. 
Interested parties can <a href="https://onewellington.com/" target="_blank">register online</a>. 
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One Wellington, St Kilda commissions Sam Wood to design its gym

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The Western Australia property groups, Pindan, is set to make its first foray into the Gold Coast.
It has secured development approval for an apartment tower overlooking Hedges Avenue in Mermaid Beach.
It has been designed for owner occupiers, with leisure and lifestyle top of mind.
Mahala will boast 94 spacious two, three and four bedroom apartments with two car bays, across 25 levels.
A rooftop solar farm system will allow residents to benefit from cheaper energy costs and lower strata fees at the project's Peerless Avenue building.
Pindan has over 40 years' experience.
It has expanded its operations on the East Coast over the past five years with its funds management arm, Pindan Capital, overseeing $1.7 billion of development projects throughout Australia. 
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Pindan commissioned Cottee Parker Architects on Mahala.
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Perth-based Pindan enters Gold Coast market with luxury Mahala, Mermaid Beach apartment tower

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A Box Hill landbank between two planned apartment towers has sold for $8.25million, demonstrating the ongoing demand for development opportunities.
The sale of the 1,004sqm property at 13 Prospect Street reflects a strong land rate of $8,217 per sqm.
Savills Australia’s Nick Peden, Clinton Baxter and Jesse Radisich brokered the deal on behalf of a local private vendor, who first purchased the property several decades ago.
More than 65 interested parties reviewed the opportunity, with the eventual purchaser being a private Chinese developer, Peden said.
Box Hill was arguably “Melbourne’s most active and robust development location”, with unmatched interest from Chinese developers and the suburb’s Chinese community, the Savills team suggested.
Box Hill is anticipated to become Melbourne’s second high-rise CBD, they said.
The transaction marks Savills 12th major development site sale since the end of 2016 for more than $133million in the past 18 months, Peden said.
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