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.

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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."

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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.

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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.

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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."

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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.

[smartcode_project:default project_id=102717 project_image_fid=355297]

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

Brisbane Apartments

Brisbane is seeing continued growth in its apartment market, but&nbsp;Colliers Director of Residential Andrew Scriven says there&#39;s not been the same strength in the capital&nbsp;yet compared to the booming Gold Coast market just an hour south.

&quot;It&#39;s a more solid market in Brisbane at the moment, with good sales to owner-occupiers,&quot; Scriven says, and suggests for Brisbane to grow, they need investors to come back.

&quot;There&#39;s a bigger pool of people throughout the rest of Australia,&quot; Scriven said, highlighting the four million residents in SEQ and 21 million or so across the rest of the country. That&nbsp;investor pool is ultimately the most important&quot;.

Interstate investors are starting to come back in to the market, but only slowly, Scriven says.

&quot;The yields in Brisbane are&nbsp;still the highest out of all three states [Sydney, Melbourne and Brisbane], with some of the lowest vacancy rates in the country. Prices are half that of Sydney, and 30 per cent less than Melbourne.&quot;

Scriven noted that there&#39;s been a high price differential over the last year&nbsp;between established and off the plan apartments, which is offering further opportunity for value.

&quot;Over the last 12 months, the established apartment median&nbsp;has risen may be 10 per cent,&quot; Scriven says.

&quot;New apartments haven&rsquo;t risen at all over that time. There&#39;s a bit of a price differential which is starting to look like an opportunity for investors.&quot;

With limited action from interstate investors, sales have picked up to owner-occupiers, no more evident than at&nbsp;The Fernery, the mixed-use project in Ferny Grove in Brisbane&#39;s north.

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&quot;There&#39;s been overwhelming success since launch in April&nbsp;from the local market, looking to either downsize, invest or secure something for the children. Most of them have come from a couple of kilometre radius.&quot;

&quot;Locals have really embraced the project. They&nbsp;haven&rsquo;t really had that offering ever.&quot;

The bureau^proberts-designed project, developed&nbsp;by the Townsville-based Honeycombes&nbsp;in partnership with their financier MaxCap, will comprise the 82 apartment block The Fernery, as well as&nbsp;a 12,000 sqm retail centre set next to the Ferny Grove train station.

Prices start from $352,500 for the one bedroom apartments, $399,000 for the two bed units and $620,000 for the three bedrooms.

Scriven says the mixed-use retail precincts is what buyers want in this day and age.

&quot;They&#39;ve got the butcher, the baker, the candlestick maker, all at their doorstep,&quot; Scriven says.

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&quot;It&#39;s away&nbsp;from that investment grade apartment development to more quality schemes. Good architecture and good place&nbsp;to live that will increase in value.&quot;

On the level of finishes and designs of the apartment development, Scriven suggests what The Fernery is offering is&nbsp;what you would typically find in the more premium apartment&nbsp;market areas such as Newstead and New Farm.

Construction is due to commence of the residential and retail components in the coming months, with Broad Construction appointed to handle the build. Completion is slated for late 2023.

Scriven suggests that construction dates, completion dates and builder appointments are&nbsp;what people want to hear when it comes to buying off the plan developments, particularly mixed-use precincts.

&quot;They want to know timelines and when they are being delivered.&quot;

[smartcode_project:default project_id=100681 project_image_fid=162783]

There&#39;s been a bit of expat interest&nbsp;across Brisbane, but that&#39;s primarily been focused on the housing market.

&quot;What we have seen is expats have come back, particularly Australian&nbsp;citizens in Sydney and Melbourne.&nbsp;There&#39;s been around 440,000&nbsp;Australian&#39;s come back from overseas over the 12 moths to Feb or March. All those people are living someone, or they&#39;ve bought.

&quot;A lot of expats have a lot of wealth and have been leaning&nbsp;towards the housing market in SEQ which has been well documented&quot;.

There was a bit of expat interest in the boutique St Lucia riverfront, 160 Macquarie Street.

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Now over 70 per cent sold, 160 Macquarie is&nbsp;St Lucia&#39;s first riverfront apartment development in more than a decade.

The development by&nbsp;QM Properties, led by horse enthusiast and managing director&nbsp;Jon Haseler, has been designed by the architecture firm&nbsp;Rothelowman&nbsp;and only homes 34 riverfront apartments.

Scriven suggested that as a city and potential place of residence,&nbsp;Brisbane has come out of the COVID pandemic as well as any other capital.

&quot;If&nbsp;you don&#39;t need to be in the office, there&#39;s worse places you can be than Brisbane,&quot; Scriven says.

&quot;We didn&#39;t have a lock down as long as anyone else and that has certainly been an attraction to the city. People can work a little bit longer from home, a bit more mobile. There&#39;s regionalisation or mobility in the work force.&quot;

Locals snap up apartments in The Fernery, but Brisbane needs investors to grow: Five minutes with Colliers director Andrew Scriven

There have been two recent sales in the Refinery apartment complex in Brisbane&#39;s New Farm.

A ground floor apartment at 2133/32 Refinery Parade went to Ray White auction last week which fetched $2,375,000 with five registered bidders, local and interstate.

It had last sold at $2m in 2017, and initially at $895,000 in 2004.

A $2.25 million sale of an apartment in the Refinery complex had been secured earlier in May.

The 4th floor apartment ranked as one of 32 apartments in the Refinery, built in 1892, and reimagined by Mirvac in the early 2000s.

<a href="/developments/brisbane-qld?source_news_article_id=101585&amp;ref=news_body_link"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/template_photoshop_brisbane.jpg" width="1200" /></a>

It came with an internal space of 158sqm, plus a rare 6 sqm balcony in the heritage-listed CSR Refinery building.

There was also a 32 sqm car space plus storage locker at 2431/32 Refinery Parade, New Farm.

It last sold at $980,000 in 2004.

Selling agent Peter Hutton at Hutton &amp; Hutton had given a $2.2m to $2.4m price guide.

Mirvac&#39;s Ascot Green community fronting Eagle Farm Racecourse is the developer&#39;s current project under construction.

Ascot House, the first stage has sold-out, with Tulloch House&#39;s remaining apartments priced from $540,000.

The 2431/32 Refinery Parade, New Farm was one of 32 apartments within the Refinery, built in 1892, and reimagined by Mirvac in the early 2000s

jchancellor

Refinery, New Farm Mirvac-built apartment sees strong results in Brisbane

A 27nd floor apartment in the 2017 Brisbane City complex Abian Residences has been sold for $3.1 million.

The sale by Ray White agent James McKinlay was the three bedroom, two bathroom at 3202/140 Alice Street.

It had previously sold off the plan in 2014 by Sunland at $2,705,000.

It came with floor to ceiling glass showcasing views across the Botanic Gardens and the Brisbane River and beyond to the Kangaroo Point Cliffs.

There was a vast living area is positioned at the centre of the apartment, plus a combined lounge and dining space, sleek kitchen and two separate balconies.

<a href="/developments/brisbane-qld?source_news_article_id=101203&amp;ref=news_body_link"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/template_photoshop_brisbane_3.jpg" width="1200" /></a>

Occupying the east wing of the residence, the master bedroom had a luxe ensuite with underfloor heating and electric bidet.&nbsp;

The other two bedrooms are positioned on the west side, sharing river views.

Abian&#39;s facilities including a dual lane 25m lap pool and spa, fully equipped state-of-the-art Technogym, plunge pool, Hammam thermal stone room, sauna, steam room and massage treatment rooms.

Sunland secured its sellout in late 2015 in the 41-storey Abian tower development, located at the entrance to Brisbane&rsquo;s historic Botanic Gardens.

Abian, which was Brisbane&rsquo;s first luxury tower project in more than five years, comprises 150 luxury dwellings with an end value of $240 million.

There is a fresh listing of a sub penthouse - 3-bedroom + office - through Veronica Royal featuring 23-metre glass frontage at 2703.

It first traded at $2.69 million off the plan in 2014.

Ray White secured the $3.1 million Abian Residences trophy apartment sale 

jchancellor-FAypfDUnLy

$3.1 million Abian Residences, Brisbane City Sunland-built trophy apartment sale

A leading national architecture and design practice, Rothelowman&rsquo;s work serves premier private and public organisations with innovative design thinking across Australia.

Established in 1991, the architecture firm has been recognised for creating high-quality, innovative designs across a range of sectors and project types. These include high-rise, mixed-use towers, residential developments, interiors, hotels and major retail centres.

Rothelowman believes good architecture is critical to the successful evolution of our cities, and their beautiful designs reflect this.

&ldquo;Our buildings are inspired by the existing context and seek to help define the future. Each building we conceive is an opportunity to respond intelligently to a unique set of circumstances and to improve and redefine the existing built environment&rdquo;, their website reads.

The firm serves both national and international clients, with a number of projects in the pipeline continuing to enhance the Australian landscape.

Urban takes a look at four Rothelowman-designed projects across Queensland on the market right now.

1. The Monaco, Main Beach 
Address: 2-4 MacArthur Parade, Main Beach QLD 4217 
Two-bedroom apartments from $1,800,000

[smartcode_project:default project_id=26730 project_image_fid=83447]

&ldquo;The Monaco offers a boutique beachside residential opportunity for discerning buyers looking to upgrade their lifestyle&rdquo;,&nbsp;<a href="/architects/rothelowman" target="_self">Rothelowman</a>&rsquo;s Jeff Brown said.

Delivered by Ignite Projects, the new tower will feature the Southern Hemisphere&rsquo;s first car elevator to apartments, as well as a sky garage and&nbsp;custom-designed kitchen&nbsp;for each buyer.

[smartcode_project:default project_id=26730 project_image_fid=83448]

&ldquo;The approach to the design has been one seeking clarity and simplicity, allowing for the natural attributes of the location to take precedence.&rdquo;

Generously oversized, the apartments offer up to 600 sqm of living space and feature Italian natural silver travertine floor tiles, a well-equipped butler&rsquo;s pantry and a lavish cocktail bar.

2. Anthology, New Farm 
Address: 155 Moray Street, New Farm QLD 4005 
Three-bedroom apartments from $1,495,000

[smartcode_project:default project_id=22331 project_image_fid=54478]

QM Properties&rsquo; latest Queensland development, Anthology, comprises 26 residences in New Farm, designed by Rothelowman.

The project features a full suite of living options, from one, two and three-bedroom residences through to spacious penthouses. Each apartment feature high-end materials, stone benchtops and Miele appliances in the kitchen.

[smartcode_project:default project_id=22331 project_image_fid=54480]

New Farm, a leafy inner-city Brisbane suburb nourished by expansive parklands, tree-lined streets, and river frontage, helped define the design intent for Anthology.

<blockquote>
&ldquo;Cues taken from the abundance of flora in the vicinity of the subject site led to the evolution of the design response.&rdquo;
</blockquote>

The project features a rooftop lounge with an infinity pool and excellent views of the Brisbane River and city skyline.

3. Bela by Mosaic, Mermaid Beach 
Address: 43 Peerless Avenue, Mermaid Beach QLD 4218 
Two-bedroom apartments from $965,000

[smartcode_project:default project_id=13240 project_image_fid=80769]

Located just off Hedges Avenue, Bela is Mosaic&rsquo;s latest development and offers a stylish low-maintenance lifestyle with the ultimate Gold Coast convenience.

[smartcode_project:default project_id=13240 project_image_fid=80771]

Rothelowman&rsquo;s design pays homage to the iconic beach shacks of the 1950s, reimagined to create spacious retreats in this coveted location.

<blockquote>
&ldquo;The conceptual driver behind the functional program, architectural expression and the experiential qualities of the interior is derived from a &lsquo;beach house&rsquo; ideology and the emotive response it evokes.&rdquo;
</blockquote>

Purposely considered with the discerning owner-occupier in mind, each apartment features open-plan living, balcony space, and stylish finishes and inclusions. The project also introduces a number of resident amenities.

4. Tree House, West End 
Address: 111 Jane Street, West End QLD 4101 
Three-bedroom apartments from $1,100,000

[smartcode_project:default project_id=9113 project_image_fid=28805]

Delivered by the ARIA Property Group, Tree House is conceived as a modern tree canopy with a botanically inspired architectural feature at the entry.

<blockquote>
&quot;The immediate frontage of the site facing Davies Park allowed for the exploration and integration of vertical landscaping as a shaping element of the architecture that reflected the adjacent streetscape.&rdquo;
</blockquote>

Rothelowman transposes the natural serenity of the exterior inside with floor-to-ceiling glass, open-plan layouts and timeless finishes.

The home&rsquo;s podium form includes a rooftop Garden Club, an infinity pool, plunge pool, private dining pavilion, fitness centre, BBQ and sun lounge areas as well as a kids&rsquo; play space.

[smartcode_project:default project_id=9113 project_image_fid=79984]

&ldquo;This bold architectural response creates a strong identity. Vertical greenery is the expression and the focus of the fa&ccedil;ade, enriching the precincts urban biodiversity&rdquo;, Rothelowman said.&nbsp;

Want to see more? Take a look at <a href="/news/vic/four-rothelowman-designed-properties-on-the-market-in-melbourne" target="_blank">four Rothelowman projects on the market in Victoria</a>.

Urban takes a look at four Rothelowman-designed projects across Queensland on the market right now

max.kwok_55688

Four Rothelowman apartment developments currently selling in Queensland

Brisbane apartment values are continuing their surge,&nbsp;according to property data firm CoreLogic.

Values rose one&nbsp;per cent, the same as Melbourne.

It puts Brisbane's rolling quarterly apartment gain at three&nbsp;per cent, following jumps of 1.7 per cent in March and one&nbsp;per cent&nbsp;across February.

Brisbane's median apartment value reached a 2020 high of $390,000. Now it's $406,000, up from just over $400,000 last month.

<h2>Apartments in Brisbane around the new median</h2>

Breeze, West End 
Price - One bedroom apartments from $409,000

[smartcode_project:default project_id=8240 project_image_fid=140817]

Forming part of Pradella’s $1 billion masterplanned&nbsp;Riverside West End&nbsp;community, Breeze&nbsp;110 apartments in Brisbane's south.

It features a number of&nbsp;resort-style amenities as well as&nbsp;abundant green open spaces and retail offerings.

A rooftop&nbsp;skygarden&nbsp;terrace complete with a 20-metre lap pool and landscaped entertainment area crowns the 11-storey complex.

The Coterie, Fortitude Valley

Price - One bedroom apartments from $383,300

[smartcode_project:default project_id=6257 project_image_fid=141412]

The completed&nbsp;Fortitude Valley development&nbsp;The Coterie by Vicland Property Group, Rothelowman and&nbsp;Bruce Henderson&nbsp;Architects has views across Brisbane from its&nbsp;St Pauls Terrace&nbsp;location, just 1.5 kilometres from the CBD.

The site’s original heritage bakery facade and feature interior elements of St Pauls have been carefully integrated into the development to preserve the history of the Valley with a convenient cafe offering a welcoming, local face to the modern community.

The 249 apartment development features&nbsp;a private rooftop retreat atop each tower, landscaped gardens, sun decks, a swimming pool and alfresco entertaining zone.

Renovaré, Yeronga

&nbsp;

[smartcode_project:default project_id=7781 project_image_fid=140857]

Price - One bedroom apartments&nbsp;from $389,000

The&nbsp;Gardner Vaughan Group&nbsp;Yeronga project Renovaré is offering its one bedroom apartment from $389,000. They've recently released their third stage, Vensuto, made up of 33 one, two, three and four bedroom apartments.

The&nbsp;project has achieved a five-leaf rating of sustainability from The Urban Development Institute of Australia (UDIA) which highlights the features and positive impact on the environment and community.

Brisbane's median apartment value reached a 2020 high of $390,000. Now it's $406,000.



May 2021: How did Brisbane apartment values perform in April?

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Brisbane's construction activity appears to be coming out of the doldrums, with 48 cranes added across the city over the past six months.

It bucked the trend of Queensland's 2020 drop-off in construction activity, with building work trending below the decade average for most key indicators.

The Rider Levett Bucknall's Q1 2021 Crane Index paints a much more promising picture for Brisbane's construction activity, with the number of cranes added the largest increase in Brisbane's crane numbers since the inception of the index just over seven years ago.

The index jumped from 68 to 97, with 27 cranes also removed from the city. There are now 71 cranes active across the Brisbane area.

<img alt="" height="1080" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/rlb_crane_index_brisbane.jpg" width="1600">

Residential cranes remain the largest sector in Brisbane, accounting for almost 50 per cent of the cranes across Brisbane. Over the last six month, residential cranes have increased to 34 per cent, up by 12 previously.

This includes new developments starting in Ascot, Brisbane, Cannon Hill, Coorparoo, East Brisbane, Fortitude Valley, Hawthorne, Norman Park, South Brisbane, St Lucia and Yeronga. There have been two projects commence in Indooroopilly, New Farm, Newstead and Seven Hills, with three in Woolloongabba.

The mixed-use sector is the next largest sector, dominated by the nine cranes assisting the Queen's Wharf development. They account for 12 per cent of all the cranes in Brisbane.

[smartcode_project:default project_id=13276]

Waterfront Newstead, the Mirvac community, is one of few mixed-use projects which include two or more cranes.

The latest tower, known as Quay Waterfront Newstead, located alongside the Brisbane River, joins previously completed stages Pier, Park and Unison as part of the grander Waterfront Newstead community.

[smartcode_project:default project_id=90553]

The east of Brisbane saw the largest increase, with six more cranes added over the last six months. Previously there had just been one crane.

The new residential cranes were erected in Cannon hill, Hawthorne, Norman Park and two in Seven Hills.

Brisbane's best off the plan developments

The Coterie, Fortitude Valley

[smartcode_project:default project_id=6257]

Just 1.5km away from Brisbane’s CBD in the culturally rich and vibrant Fortitude Valley are The Coterie. The two residential towers comprise of one, two and three bedroom selections and two penthouses across 27 floors. A collaboration from award winning design teams at Rothelowman and Bruce Henderson Architects introduces an elegant building silhouette wrapped in a flowing, monochromatic motif, a graphic representation of the connectivity between the two towers, the streetscape and the skyscrapers that border the suburb in the CBD.

Monterey Kangaroo Point - 9 Lambert Street, Kangaroo Point

[smartcode_project:default project_id=7145]

Monterey Kangaroo Point is Australia's tallest timber tower. South of the Storey Bridge, Monterey Kangaroo Point is the second Urban Development Institute of Australia accredited EnviroDevelopment for the Gardner Vaughan Group. The Lambert Street development comprises 42 apartments.

Venusto, Yeronga

[smartcode_project:default project_id=34156]

Another from the Gardner Vaughan Group, and their other project to win the Urban Development Institute of Australia accredited EnviroDevelopment, Venusto is the latest announced building in Yeronga's luxury Renovaré development. Venusto is the third stage of the wider project and comprises 33 apartments made up of one, two, three and four bedroom units.

 

 
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The index jumped from 68 to 97, with 27 cranes also removed from the city. There are now 71 cranes active across the Brisbane area.

Brisbane sees biggest crane jump since 2014

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Broad Construction have won the contract to deliver the $140 million development of Ferny Grove Central in Brisbane's north-west.

Broad Construction, a subsidiary of CPB Contractors and part of the ASX-listed CIMIC Group, look set to commence construction of the project, which will turn the Ferny Grove Railway Station precinct into a vibrant suburban Transit Oriented Development (TOD) with a range of residential, retail and entertainment, by May this year.

Construction of Ferny Grove Central is expected to take 28 months with completion set for late 2023.

The TOD is being developed by the Townsville-based Honeycombes, in partnership with their financier MaxCap. The project has been in the planning phase for the past seven years.

The Ferny Grove project will comprise a 12,000 sqm retail centre with a new multi-level parking facility for retail customers and commuters. There will be 82 apartments and a recreational deck for residents in the residential building known as The Fernery.

<img alt="" height="500" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/ferny_grove_apartments_0.jpg" width="1200">

CPB Contractors said it was pleased to be working with the Honeycombes Property Group on the landmark urban redevelopment. 
“The experience of our team means that we have the capability to provide safe and certain delivery to our clients. Broad’s inclusive procurement strategies will also provide opportunities for local workers and businesses," CPB Contractors managing director Jason Spears said.

Broad have a reputation primarily across Queensland and Western Australia for their commercial developments. In Queensland they transformed 155 Queen Street Mall and 170 Queen Street Mall in to multi-use developments, as well as the 14 storey office tower The Annex. 
Honeycombes Property Group’s managing director Peter Honeycombe has welcomed Broad Construction as a key partner in the success of Ferny Grove Central.

<img alt="" height="1000" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/ferny_grove_central_0.jpg" width="1600"> 
“Broad Construction is the perfect partner for us to deliver Ferny Grove Central, with a depth of experience and a commitment to quality that is second to none,” Honeycombe said. 
“As a landmark project for Brisbane’s North West that will define the urban landscape for decades to come, we’re pleased to bring this vital urban renewal project to fruition in collaboration that has a proven record of project success over the past 30 years.” 
The Townsville-based Honeycombes has an extensive portfolio of developments in Queensland totalling $2 billion over the past 25 years. 
Ferny Grove Central comes off the back of the company’s award-winning $252 million redevelopment of Coorparoo Square situated along Brisbane’s CBD eastern fringe. Coorparoo Square, built on the site of Queensland’s first Myer building, featured 366 residential apartments and retail space which was delivered over three stages in partnership with Frasers Property Australia. 

[smartcode_project:default project_id=94814]
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Construction of Ferny Grove Central is expected to take 28 months with completion set for late 2023

Broad Construction win $140 million mixed-use Ferny Grove Central contract

The South East Queensland&nbsp;developer Mosaic Property is having its busiest period on record.

Fresh off securing a near sell-out of their Mermaid Beach development Dawn in&nbsp;around two weeks, the developer, led by its founder and managing director Brook Monahan, are set to launch yet another project.

Kensington by Mosaic, designed in partnership with Cottee Parker, will be&nbsp;the eighth&nbsp;project the company have developed in Brisbane&#39;s inner west, with more to come, according to Monahan.

&quot;We have invested significantly in this particular area over many years and will continue to do so because there is a genuine, sustained appetite for the incredible, effortless lifestyle on offer,&quot; Monahan says.

<img alt="" height="1734" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kensington_mosaic_1.jpg" width="1600" />

&quot;Everything you could possibly want is in such close reach, including some of the most significant infrastructure projects of our generation, such as Brisbane Live, the Victoria Park redevelopment, Queensland Wharf, and Toowong&#39;s new $450m mixed-use town centre, The Aviary.&quot;&nbsp;

Kensington by Mosaic is not farm&nbsp;from Mosaic&#39;s sold out The Patterson. The 62 apartments, predominantly&nbsp;secured local&nbsp;owner-occupiers, took just four weeks for 90 per cent of the $72 million building to sell last October.

Located&nbsp;across from the heritage-listed Toowong Memorial Park, Kensington by Mosaic will home 63 two and three bedroom apartments and one penthouse over nine levels. There will be a communal rooftop entertainment area with an infinity-edge pool, sun deck, barbecue and dining areas.&nbsp;

<img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kensington_pool.jpg" width="1600" />

The architecture reflects a&nbsp;subtropical theme with over 170 sqm of extensive deep planting and landscaping.&nbsp;

Much like The Patterson, owner-occupiers are expected to be the dominant buyer profile.

Prices start from $610,000 for a 97 sqm two bedroom, two bathroom apartment and 128 sqm for a three bedroom, two bathroom and two car apartment.

The Penthouse&nbsp;

<img alt="" height="889" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kensington_mosaic_3.jpg" width="1600" />

A 230 sqm penthouse&nbsp;boasts an&nbsp;expansive outdoor terrace with northern&nbsp;city, river, hinterland, and parkland views.&nbsp;

Mosaic has&nbsp;approximately&nbsp;$300m in projects currently under construction in Brisbane&nbsp;and another $370m in projects under construction across the Gold and Sunshine Coasts.

The Henry in Indooroopilly is due for completion mid this year, and The Sinclair in East Brisbane and The Patterson in Toowong are due to be finished in 2022. All three Brisbane developments are sold out.

Kensington by Mosaic, designed in partnership with Cottee Parker, will be the eighth project the company have developed in Brisbane's inner west



Tower reveal: Mosaic to launch new Toowong development Kensington by Mosaic

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Brisbane's Indooroopilly is set for a new boutique apartment tower.

A company associated with local developer and Verrecchio Property Group director Sandro Alberti has lodged plans to the Brisbane City Council for a 35 apartment block on Clarence Road.

Alberti paid $3 million for the 1,215 sqm block at 109-113 Clarence Road which had been marketed by Cushman &amp; Wakefield as a boutique mixed-use development site which allows for up to eight storeys.

<img alt="" height="1625" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/fairmont_1.jpg" width="1600">

There's already plans by Prospect Architecture for an eight level tower, not including the two basement levels of garaging. Crowning the development will be a communal rooftop with swimming pool. 

The plans suggest the development will be called The Fairmont.

There will be three two bedroom apartments and two three bedroom units on each level.

"Each unit is designed to encourage open plan living, with kitchen, dining room and living room opening onto balcony private open space", the proposal reads.

<img alt="" height="897" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/fairmont_entry.jpg" width="1600">

"Visually, the contemporary building design is consistent with the intent and character of the precinct.

"This includes a variety of materials and textures through brick cladding, rendered and painted blockwork, horizontal cladding, and metal battens assisting in the reduction of overall built form.

"The proposed landscaping and open space areas ensure the site is adequately vegetated, providing amenity for residents as well as adjoining neighbours and the relevant streetscape."

<h2>QLD properties selling now:</h2>

[smartcode_project:default project_id=26730]

[smartcode_project:default project_id=26879]

[smartcode_project:default project_id=13276]

 
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A company associated with local developer and Verrecchio Property Group director Sandro Alberti has lodged plans to the Brisbane City Council



Tower reveal: Plans lodged for boutique Indooroopilly tower in Brisbane

<html><body>
Downsizers and professionals have been the most keen buyers in the inner Brisbane development Bloom on Wesley.

The 36-apartment project in Lutwyche, north of the Brisbane CBD, is 60 per cent sold with just three bedroom apartments left. A Spring completion date is slated.

Raise Projects managing director, Ramy Raymond, said the project attracted the downsizer and professional market due to the size of the three bedroom apartments, their value and their pet friendliness.

Raymond also says the fact that Raise are also building the project allows for a further level of customisation, which was a hit with buyers.

[smartcode_project:default project_id=6179]

“Even with the apartments now under construction, some customisation is still possible, which is the advantage for buyers working directly with a development team like ours, who are also building the project," Raymond said.

“Many buyers have met directly with me and our building team to explore their needs within our floorplans, and we have received a lot of feedback that our ability to listen to our buyers has helped them to purchase, to personalise their journey and really look forward to creating their new home at Bloom on Wesley.”

Mr Raymond said some buyers of the three-bedroom apartments were enjoying the flexibility of using the third room as a professional office or a hobby retreat, while some three-bedroom apartments also came with an additional multi-purpose room.

He said the need for flexible space within apartment living had been emphasized during the pandemic and will remain important as workplaces evolve to be more fluid than previously.

“Bloom on Wesley has been designed for its buyers to have everything they need for great living within their apartments and through wonderful amenities on the rooftop including an infinity pool, meditation/gym space and alfresco dining.

<a href="/buildings/bloom-on-wesley-17-wesley-street-lutwyche"><img alt="" height="802" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/bloom_on_wesley_pool.jpg" width="1626"></a>

“At the same time, they are just metres from great shopping, dining, services and transport, including a new-look Crown Lutwyche Hotel that will be refurbished this year in the next block and new boutique stores at nearby Colwill Place, just a five-minute walk away.

“Bloom on Wesley offers unrivalled value for this location, which is a key factor for our buyers to live without compromise, whether they are re-sizing or downsizing.”

The three bedroom apartments range in size from 123 sqm up to 207 sqm and are priced from $695,000 up to $875,000.

 
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Raise Projects managing director, Ramy Raymond, said the project attracted the downsizer and professional market due to the size of the three bedroom apartments, their value and their pet friendliness.

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