Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Joel Robinson

Bottega House secures landmark riverfront site in St Lucia 

<section data-scroll-anchor="false" data-testid="conversation-turn-6" data-turn="assistant" data-turn-id="request-WEB:84a2af5e-d7cf-4ddf-922a-f4d44d6c6caa-2" data-turn-id-container="request-WEB:84a2af5e-d7cf-4ddf-922a-f4d44d6c6caa-2" dir="auto">
<section data-scroll-anchor="false" data-testid="conversation-turn-2" data-turn="assistant" data-turn-id="request-WEB:5a5ab36c-8dd3-454c-b456-c501f22f0eb4-0" data-turn-id-container="request-WEB:5a5ab36c-8dd3-454c-b456-c501f22f0eb4-0" dir="auto">
The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
</section>
</section>

[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Local Little Bay residents, along with buyers from premium postcodes across Sydney’s affluent Eastern Suburbs, have dominated purchases in developer-builder Urban Property Group’s first Eastern Suburbs apartment development, <a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a>.

The $250 million coastal project, one of the first new developments in the area in several years, has proven particularly popular with downsizers, especially those from Coogee and Bondi. One Double Bay downsizer paid $4.7 million for a four-bedroom penthouse, setting a new local apartment price record in the process.

Buyers have been attracted to the combination of coastal tranquillity, premium design and amenity-rich neighbourhood living. The walkable village setting, along with proximity to three of Sydney’s leading golf courses, New South Wales Golf Club, St Michael’s Golf Club and The Coast Golf Club, has also been a key drawcard.

[smartcode_project:default project_id=112343 project_image_fid=352689]

Built across two low-rise buildings designed by <a href="https://www.apartments.com.au/architects/hill-thalis-architecture-urban-projects-pty-ltd">Hill Thalis</a> and set along a lush, landscaped green spine, designed by leading landscape architect <a href="https://www.apartments.com.au/landscape-architect/arcadia-landscape-architecture">Arcadia</a>, ESTE Little Bay offers a collection of one, two, three and four-bedroom residences with interiors by Richards Stanisich.

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> Sales Director, Tom McIvor said the response to ESTE has been "nothing short of extraordinary."

“Buyers have been quick to recognise ESTE as a rare opportunity to invest in a coastal sanctuary that offers both seclusion and connectivity to the heart of Sydney,” McIvor said.

[smartcode_project:default project_id=112343 project_image_fid=352687]

<a href="https://www.apartments.com.au/project-marketer/srm-residential">SRM Residential</a> Senior Director, <a href="https://www.apartments.com.au/project-marketer/srm-residential">Clayton Ross</a> said the local market has responded incredibly well, driven by ESTE’s exceptional location and the rarity it offers.

“We’ve seen strong interest from a variety of buyer groups, all of whom are drawn to the exclusivity and quality of the build and construction by the 4.5-star iCIRT-rated builder / developer, Urban Property Group. There’s truly nothing else like it along Sydney’s coastline.”

[smartcode_project:default project_id=112343 project_image_fid=352690]

The project also includes robust buyer protections, including Resilience Insurance’s Latent Defects Insurance, providing 10 years of structural cover, and an independent iCIRT-rating of the developer.

“The iCIRT-rating adds another layer of confidence,” Ross added. “Buyers see it as a safeguard for their investment and their lifestyle.” A highlight of ESTE’s offering is its exclusive wellness amenities, including a heated rooftop infinity pool and outdoor heated spa, a state-of-the-art Technogym fitness centre, and a sauna.

<a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a> is topped out and is on track to complete towards the end of 2026, with residents moving in before Christmas.

[smartcode_project_cta:default project_id=112343]

Eastern Suburbs buyers snap up ESTE Little Bay apartments

<a href="https://www.apartments.com.au/developers/sunland-group">Sunland Group</a> has officially lodged plans for its first Gold Coast apartment project since the departure of the Abedian family from the company three years ago, unveiling a new high-rise proposal for a prominent Broadbeach corner site on Old Burleigh Road.

The application was submitted by an entity directed by Tom Jamieson, stepson of longtime Sunland leader Soheil Abedian, and Riaz Rezvanipour, brother-in-law of Sahba Abedian, Soheil’s son.

Sunland acquired the 1,283 sqm site on the corner of Old Burleigh Road and Armrick Avenue for $9.5 million late last year and is now seeking approval for a <a href="https://www.apartments.com.au/new-apartments/99-101-old-burleigh-road-broadbeach-qld-4218">42-storey tower with 81 apartments</a>.

<img alt="First look: Sunland Group returns to Broadbeach with new Old Burleigh Road tower plans" data-entity-type="file" data-entity-uuid="fea2946d-90ee-4cfc-babe-2a8ad5db2cb6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers.png?VersionId=BV0fihJw31nDIQ8ozY_h3GbS8mxDyhnm" />

Designed by <a href="https://www.apartments.com.au/architects/contreras-earl-architecture">Contreras Earl Architecture</a>, the proposed tower at 99-101 Old Burleigh Road would deliver a predominantly larger-format apartment mix aimed at the owner-occupier market. Plans include 17 two-bedroom apartments, 55 three-bedroom apartments, and nine four-bedroom residences across 35 residential levels.

The development also incorporates three basement levels, four podium parking levels, two levels of communal recreation facilities, and rooftop plant and equipment. A total of 189 car spaces are proposed, significantly exceeding the 90 spaces required under the planning scheme.

The architecture adopts a sculpted, curvilinear form, with deep wraparound balconies and integrated landscaping intended to soften the tower’s vertical expression. The planning report states the building’s “slender footprint/form provides a complimentary yet varied built form within the local streetscape” and contributes to “a varied, yet ordered skyline.”

Contreras Earl noted in its Architectural Statement that from the early stages, the project addressed a fundamental challenge: how to accommodate the required residential yield while avoiding the conventional model of a tower sitting on a rigid, fully resolved parking podium.

“The most direct response would have been to consolidate parking into a singular, flat podium and extrude a repetitive tower above,” the statement said. “While efficient, this approach would result in a consolidated built form with limited engagement with the surrounding landscape and public realm.”

Instead, the conventional podium model was “deliberately rejected”. The architects described the base of the building as “a landscaped architectural condition where structure, planting and circulation are integrated”.

“Rather than presenting a continuous built mass, the base of the building is articulated through a series of concrete planter elements that organise the podium into a fragmented system,” the statement said. “This approach reduces the perceived bulk of the lower levels while establishing a more permeable interface with the streetscape and adjacent open space.”

<img alt="Sunland" data-entity-type="file" data-entity-uuid="923fad8d-c960-4527-8fbe-975cf1ddf88d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-25%20at%2010.32.03%E2%80%AFAM.png?VersionId=pngwb0hYOIUpq9vDw6F2EsOiVuHF3DiX" />

&nbsp;

The site sits within the High Density Residential Zone and inside the City of Gold Coast’s unrestricted “HX” building height area, where the planning framework anticipates intensified residential development tied to the expanding light rail corridor. The planning report notes the area is undergoing “transition toward more intense development forms” given its proximity to Broadbeach, Surfers Paradise, and high-frequency public transport infrastructure.

Positioned directly opposite Broadbeach Park and within walking distance of Florida Gardens light rail station, the development would sit among a rapidly evolving stretch of Old Burleigh Road that has become one of the Gold Coast’s most active apartment development corridors.

The application joins a growing pipeline of luxury residential projects reshaping Broadbeach, including nearby developments by 5Point Projects, Polycell, and Graya.

The planning report argues the project contributes toward the Gold Coast’s long-term housing targets under the South East Queensland Regional Plan, which forecasts the need for more than 100,000 additional high-rise dwellings across the city by 2046.

<section data-scroll-anchor="false" data-testid="conversation-turn-4" data-turn="assistant" data-turn-id="request-WEB:84a2af5e-d7cf-4ddf-922a-f4d44d6c6caa-1" data-turn-id-container="request-WEB:84a2af5e-d7cf-4ddf-922a-f4d44d6c6caa-1" dir="auto">
The Abedian family departed Sunland Group in late 2023, ending a four-decade association with the company, and subsequently established the private development firm Abedian &amp; Co. The group is currently delivering <a href="https://www.apartments.com.au/new-apartments/greenmount-residences-cnr-hill-street-and-marine-parade-coolangatta-qld-4225">Greenmount Residences</a> at Rainbow Bay and recently launched <a href="https://www.apartments.com.au/new-apartments/18-mary-avenue-14-18-mary-avenue-broadbeach-qld-4218">18 Mary Avenue</a> in Broadbeach.
</section>

First look: Sunland Group returns to Broadbeach new apartment market with new Old Burleigh Road tower plans

The Minns Labor Government has established the new Bays West Delivery Authority to lead the development&nbsp;of the Bays West Precinct and Blackwattle Bay Precinct.&nbsp;

The Authority is charged with creating Sydney’s newest precinct, a thriving, connected, sustainable hub with White Bay Power Station as its cultural heart. Its vision is to build on the area’s natural, cultural and industrial history to shape a vibrant new neighbourhood.

The precinct will deliver up to 8,500 well-located homes, including a minimum of 10 per cent affordable and essential worker homes. Combine new housing with public open space, opening public access to the waterfront for the first time in more than 100 years, while retaining important deep-water facilities to support Sydney’s working harbour.

Located just minutes from the Sydney CBD and connected to a world-class metro, ferry, walking and cycling links, the Bays West precinct will rebalance housing growth towards well-serviced inner-city locations and help tackle the state’s housing crisis.

The Bays West Delivery Authority,&nbsp;an agency of the Department of Planning, Housing and Infrastructure, will report to the NSW Minister for Lands and Property who already has oversight of major precinct renewal projects including at Blackwattle Bay and Barangaroo.

As part of the broader Bays West transformation, the Minns Government recently announced that a proposal from Lendlease to redevelop part of the Bays West Precinct has progressed to Stage 2 of the NSW Government’s unsolicited proposals process.

<img alt="Sydney" data-entity-type="file" data-entity-uuid="2ed71eb9-d8e8-4fa7-b9d1-de4531dcf2f3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-25%20at%209.42.31%E2%80%AFAM.png?VersionId=IDryFIbped9SNDg72LEN_EecvhUsOPvp" />

The Minns Labor Government has also confirmed the Bays West precinct will have a new suburb name. This will be the first major suburb built in close proximity to Sydney’s CBD in decades and will encompass the area currently being referred to as Bays West, including Glebe Island and the White Bay Power Station. Served by a new Metro station just five minutes from the CBD, it will become one of the most populous suburbs in the Inner West and one of Sydney’s premier cultural destinations.

An early works program is taking shape, which&nbsp;includes the first stages of an international design competition.&nbsp;

The aim of the Bays West&nbsp;International&nbsp;Design Competition is to&nbsp;ensure design excellence is embedded in the project from the start. The competition will deliver an&nbsp;urban framework that defines the character, ambition and long-term identity of&nbsp;this&nbsp;former industrial precinct as it transitions to a vibrant, inclusive and sustainable residential&nbsp;neighbourhood.

The competition will be led by the Bays West Delivery Authority in partnership with Government Architect NSW.&nbsp;

It will launch with an invitation for a global Expressions of Interest, before moving to an invitation-only stage that will be assessed by a panel that&nbsp;will provide advice to Cabinet who will select a winner.

Premier of NSW, Chris Minns said the establishment of the new Authority is the first step in transforming the Bays West precinct into a vibrant, livable suburb minutes from the Sydney CBD and two stops from Hunter St Station on the Metro West line.

“The Authority will deliver well-located homes close to the heart of the city and integrate the new precinct with Blackwattle Bay and the new Sydney Fish Market.

“This is a generational opportunity to build a new suburb on the city’s edge and open the harbour foreshore to the public for the first time in a century.”&nbsp;

Minister for Lands and Property Steve Kamper said the new Bays West Delivery Authority established by the Minns Government will turbocharge the development of Sydney’s newest suburb.

“The Authority is working at a record pace to deliver an international design competition, planning pathways and a financial model so that this development benefits Sydney with well-designed homes in a central location, close to public transport, jobs, entertainment and essential services.

“If we want Sydney to stay liveable and affordable, we need to be bold about using underutilised government-owned land to deliver homes for the future while making sure essential working harbour functions can be accommodated.”

Bays West Delivery Authority established to "turbocharge" Sydney’s newest suburb

Apartment Development

<html><body>
<div class="page" title="Page 1">
<div class="layoutArea">
<div class="column">
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.
<div class="page" title="Page 2">
<div class="layoutArea">
<div class="column">
Construction is expected to commence in 2021 pending DA approval next year.
</div>
</div>
</div>
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.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/11/29/57%20Coronation%20Drive%20.jpg" alt="">
 
“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. 
</div>
</div>
</div>
<div class="page" title="Page 2">
<div class="layoutArea">
<div class="column">
“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.”
 
</div>
</div>
</div>
</body></html>

wdavis-8cCN98p7xp

Approval lodged for a $200 million mixed-use development in Brisbane

<html><body>
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.”
 
</body></html>

j.ballantyne1990-6AQqhLzZaK

New Williams Landing development Lancaster Apartments completed

<html><body>
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. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/9/2/adelaidean%203.jpg" alt="">
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. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/9/2/adelaidean%202.jpg" alt="">
 
</body></html>

Adelaide's tallest building The Adelaidean to top out soon

<html><body>
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.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/3/14/Steller%202.jpg" alt="">
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
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/3/14/Steller%203.jpg" alt="">
“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.
</body></html>

Laila in Carnegie development adds 'flexible spaces' to its one bedroom units

<html><body>
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.
</body></html>

New apartment market to show signs of recovery in 2019: Urbis

<html><body>
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.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/11/19/ind2.jpg" alt="">
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.
 
 
</body></html>

jrobinson-rf4aSBido9

First ever 48 hour open home in Indooroopilly

<html><body>
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.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/11/1/CHEVRON_R3_LIVING_HI_RES_FINAL_2.jpg" alt="">
"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.
</body></html>

New $35 million Chevron Island luxury apartment building launched

<html><body>
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.
<img src="https://gallery.mailchimp.com/b67f167ae4c8a65c807a7fb5a/images/4c4d59bc-4a8b-433b-9ee9-a5168af2bf39.png">
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.
<img src="https://gallery.mailchimp.com/b67f167ae4c8a65c807a7fb5a/images/982c1910-8cf5-4ec8-a10c-221a1c0036bf.png">
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).
<img src="https://gallery.mailchimp.com/b67f167ae4c8a65c807a7fb5a/images/2c34438c-55d7-4d1e-ac16-f06e2a0c3fdc.png">
"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>. 
</body></html>

One Wellington, St Kilda commissions Sam Wood to design its gym

<html><body>
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. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/8/13/Mahala%20Mermaid%20Beach%203.jpg" alt="">
 
Pindan commissioned Cottee Parker Architects on Mahala.
</body></html>

Perth-based Pindan enters Gold Coast market with luxury Mahala, Mermaid Beach apartment tower

<html><body>
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.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/14/13%20Prospect%20Street%20Box%20Hill.jpg" alt="">
</body></html>

Apartment Development

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Apartment Development

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News