<a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> has lodged plans for a $750 million, three-tower mixed-use precinct that would complete the long-running redevelopment of Carlton's former Carlton United Breweries site.

The proposal at <a href="https://www.apartments.com.au/new-apartments/185-195-queensberry-street-carlton-vic-3053">46-78 Bouverie Street and 185-195 Queensberry Street</a> spans a 6,468 sqm site, the last remaining undeveloped parcels within the former brewery's 2007 masterplan.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the development will comprise two purpose-built student accommodation towers and a third build-to-sell apartment tower above a shared commercial podium and basement.

Across the three towers, SP Setia is proposing 606 build-to-sell apartments and 1,499 student accommodation units containing 2,009 beds.

The apartments will sit in the tallest tower, which will rise nearly 200m and 55 storeys. It will become&nbsp;one of the more substantial new build-to-sell apartment projects at the northern edge of Melbourne's CBD.

The apartment mix is weighted toward smaller inner-city product, with 188 studios, 206 one-bedroom apartments, 192 two-bedroom apartments and 20 three-bedroom apartments

<img alt="First look: SP Setia plans three-tower finale for Carlton’s former CUB precinct" data-entity-type="file" data-entity-uuid="8271bc87-1b0a-41b7-ac73-a425ee375261" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/3_2.png?VersionId=G4lw23o90B1boX4k4dj7rdz2ZEajS9wy" />

Part of the precinct will be a large-scale&nbsp;3,684 sqm supermarket and a further 2,198 sqm of speciality retail, creating close to 5,900 sqm of new commercial space within the precinct.

But one of the biggest components of the proposal is what sits between the buildings.

Around 4,650 sqm, or roughly 72 per cent of the site, will be publicly accessible open space, incorporating plazas, pedestrian connections, landscaped laneways and retail spill-out areas.

The ground plane is intended to finally complete pedestrian connections envisaged when the CUB masterplan was first approved nearly two decades ago, stitching together Victoria Street, Queensberry Street, Bouverie Street and Swanston Street through the former brewery precinct.

Urbis said the development would "complete the CUB precinct", with the public realm providing important north-south and east-west connections through what is currently the final undeveloped portion of the masterplanned site.

SP Setia is also exploring a new linear park within the Bouverie Street road reserve, with the concept to be developed further with the City of Melbourne through the planning process.

The proposal is being pursued through the Victorian Government's Development Facilitation Program under Clause 53.23 for significant residential development with affordable housing.

The planning report acknowledges the proposed heights exceed those contemplated under the original Comprehensive Development Plan and masterplan, but argues the built-form context has changed considerably over the past two decades.

Urbis said the three towers would instead create a stepped transition between Carlton and the Hoddle Grid, rising progressively from the 94.1-metre Tower One along the Queensberry Street edge to the 199.44-metre Tower Three closer to the established CBD-scale buildings to the south.

<img alt="SP Setia" data-entity-type="file" data-entity-uuid="e885a07a-592c-40fc-bf82-e6dbaf32da54" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.52.24%E2%80%AFAM.png?VersionId=7s_ErUkSKAdY1mAWp3GRZgMNCGtwhk5m" />

SP Setia plans to deliver the development across three stages.

Stage One would deliver the basement, podium and retail areas for the entire precinct alongside the first student tower. Tower Two would follow in Stage Two, before the 606-apartment Tower Three is delivered as the final stage.

If approved and delivered, the project would close out a redevelopment process that has been underway since the former brewery masterplan was approved in 2007, adding more than 2,600 student beds and apartments to a precinct already home to Swanston Central, the Barak Building, RMIT Design Hub and several large student accommodation developments.

&nbsp;

&nbsp;

Joel Robinson

SP Setia plans three-tower finale for Carlton’s former CUB precinct

Melbourne developer Lowe Living is seeking to add to its growing bayside apartment pipeline, filing plans for a boutique eight-residence development in tightly held Middle Park.

Lowe Living, which has built much of its development portfolio across Melbourne's affluent bayside and south-east suburbs, is behind the plans for the 730 sqm site at <a href="https://www.apartments.com.au/new-apartments/123-125-erskine-street-middle-park-vic-3206">123-125 Erskine Street</a>, just off Armstrong Street and within the Armstrong Street Neighbourhood Activity Centre.

The developer is seeking approval for a five-storey residential building above two basement levels, with just eight large-format apartments and 18 car spaces.

“This is a deliberately very different proposition for us,"&nbsp;Tim Lowe, Co-Founder of Lowe Living, said.

"Eight residences is exceptionally boutique, but that's precisely what this site calls for.

“There is a strong community in Middle Park and the surrounding suburbs who have spent decades building a life here. They no longer want the maintenance of a large period home, but they aren't prepared to compromise on space, quality or location. We think there is a real opportunity to capture that hyper local market. A site like this rarely comes to market.”

<img alt="Lowe " data-entity-type="file" data-entity-uuid="875fe572-0f14-4d90-9e11-55b28dd07731" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.42.49%E2%80%AFAM.png?VersionId=GDNQRv9BfpR9r1zkZ5UDyUM4ZvpIksut" />

The low-density proposal has been designed by Cera Stribley and is being progressed through the Victorian Government's Great Design Fast Track pathway, having already secured eligibility from the Minister for Planning.

The Office of the Victorian Government Architect supported its eligibility after finding the proposal demonstrated consistency with the program's seven design principles, while the project's financial feasibility has also been independently confirmed by Invest Victoria.

The project is targeting the downsizer market, with the planning documents describing the homes as larger-format residences and noting the two penthouses could otherwise have been configured as four separate apartments.

<img alt="Lowe 2" data-entity-type="file" data-entity-uuid="60ab0987-2da6-4175-adac-315dcf6053c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.15%E2%80%AFAM.png?VersionId=bOCPH0B2MFwlmaRW.TTCF9TzyifgVoQI" />

The site has dual frontage to Erskine Street and Canterbury Place and currently comprises a collection of commercial buildings used as offices, including a former heritage bakehouse, a former stable, a later gabled addition and a central courtyard.

It sits within the Commercial 1 Zone and the Armstrong Street Commercial Precinct heritage overlay, with the existing property classified as a contributory heritage place.

Heritage has subsequently played a significant role in Cera Stribley's design.

The front section of the former bakehouse facing Erskine Street will be retained, including its return walls, street-facing hipped roof and chimneys, while the Erskine Street façade and part of the western return wall of the former stable will also be incorporated into the new development.

Levels four and five will be set back five metres from the retained stable façade, while bricks removed through demolition are proposed to be salvaged and reused within the new building where possible.

<img alt="Lowe 3" data-entity-type="file" data-entity-uuid="e97927a9-a2de-4a0f-83b6-65451238abfa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.06%E2%80%AFAM.png?VersionId=VR44AChLrX9q1XPB9GvVQV.ALXXbe4gC" />

Rather than presenting as a single five-storey building to Erskine Street, Cera Stribley has broken the development into a series of distinct forms.

A three-storey infill element will sit between the retained bakehouse and stable façades, with the upper levels recessed behind the heritage fabric. Canterbury Place will similarly feature two three-storey podium forms, separated by a central pedestrian accessway, before the upper two levels step back from the street.

A pedestrian through-link will run through the centre of the project between Erskine Street and Canterbury Place, creating entrances from both sides of the site and introducing landscaping and communal areas through the ground plane.

Landscape architect Acre has designed planting across the ground level, private terraces and upper levels, including a feature canopy tree at level three and integrated planting and arbours across the level four terraces. Five existing Erskine Street trees are proposed to be retained.

Sustainability is also a significant component of the Great Design Fast Track application. The apartments are targeting an average eight-star NatHERS rating, with no residence below 6.5 stars, while the project has achieved a 75 per cent BESS score. Seven of the eight apartments are designed for cross-ventilation, with the remaining residence using mechanically assisted natural ventilation.

The plans also incorporate an 8kWp rooftop solar system, a 5,000-litre rainwater tank and infrastructure allowing future electric vehicle charging for every residence.

Lowe has a strong portfolio across Melbourne's blue-chip suburbs. They recently launched <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House by Lowe Living</a> in Camberwell, their first development in the Stonnington LGA.

Lowe Living unveils Middle Park apartment development

Article summary

<ul data-end="888" data-start="289">
	<li data-end="442" data-section-id="8tsh6o" data-start="289">DVB Projects is preparing to launch its second Gold Coast apartment development, with demolition now underway at 137 Old Burleigh Road, Broadbeach.</li>
	<li data-end="573" data-section-id="1nyxl3e" data-start="443">The 34-level tower will comprise just 49 ultra-luxury residences, including half-floor, full-floor and penthouse apartments.</li>
	<li data-end="717" data-section-id="oiyimj" data-start="574">The launch follows strong demand at DVB's nearby Sea Glass project, which is more than 50 per cent sold and currently under construction.</li>
	<li data-end="888" data-section-id="epk9o9" data-start="718">The development adds to the transformation of Old Burleigh Road, with premium beachfront apartment projects continuing to reshape the tightly held Broadbeach strip.</li>
</ul>

<a href="https://www.apartments.com.au/developers/dvb-projects">DVB Projects</a> is preparing to launch its second Gold Coast apartment development, with demolition now underway on the Broadbeach site as the Sydney developer moves closer to bringing the ultra-luxury project to market.

The 34-level tower at <a href="https://www.apartments.com.au/new-apartments/137-old-burleigh-road-broadbeach-qld-4218">137 Old Burleigh Road</a> will comprise just 49 residences, ranging from half-floor apartments through to full-floor homes and a penthouse. The launch follows the strong sales performance of DVB's nearby Sea Glass development. More than half of the apartments at Sea Glass, on the other side of Broadbeach, have been snapped up, well ahead of its late 2027 completion

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="2944b4be-c84e-4b54-8dc1-c712e76704c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E02_Exterior_Street%20Level%20Entrance.jpg?VersionId=YoNig7pRdrE3HCue7sUj78LzJteeQf3H" />

The start of demolition at 137 Old Burleigh Road signals DVB Projects’ underlying confidence in the Gold Coast’s luxury beachside apartment sector.

“We see the Gold Coast as one of the most compelling lifestyle markets in Australia, particularly at the premium end where demand continues to deepen,” said Dean Brown, Managing Director of DVB.&nbsp;

“This project has been carefully designed to respond to that demand - delivering large-format residences with a level of quality, privacy and amenity that is still relatively rare in the apartment market on the beachside."

Brown says the site itself is "exceptional."

"Old Burleigh Road is one of the most tightly held beachfront strips, and opportunities to deliver a project of this scale and calibre in this location are extremely limited.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="398f377a-c037-455e-9250-0c5e0d84c35b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/I12_FF%20Balcony.jpg?VersionId=NwOiRWGMubR1c8wthuEfggklcja7al9." />

The project will comprise 40 half-floor residences of approximately 260 sqm, alongside eight full-floor residences spanning around 524 sqm.

A single penthouse will crown the building, featuring a private pool, barbecue area, indoor gym and dedicated entertaining spaces.

Residents will have access to a resort-style suite of amenities, including a 20-metre pool with daybeds, a gymnasium, hot and cold plunge pools, a sauna, and private residents’ lounge and dining facilities.

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="d1642bb0-9a66-4427-a022-dfc0988c6287" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A02_Pool%20to%20View.jpg?VersionId=c0IXPyn_Gp_Kn3XCwzMrqIVkAdCEwVXP" />

Sales agent Todd Matheson, of <a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a>, which is marketing both 137 Old Burleigh Road and Sea Glass, said 137 Old Burleigh Road would address a clear gap in the market for genuine luxury products.

“There are very few opportunities on the Gold Coast where buyers can secure a residence of this size and quality in a new building,” Matheson said.

“What we’re seeing is a growing cohort of downsizers and interstate buyers who still want space - they’re not willing to compromise on living area, entertaining or finishes.

“This project has been designed with that buyer in mind. It offers the scale of a home, combined with the convenience and security of apartment living, in one of the coast’s most desirable positions.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="59aae0ca-5639-4320-8aca-d0bf60f48e43" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E01_Exterior%20Hero.jpg?VersionId=DS8Zfy2WtgUEtdfe0TEUuf1W1GfcZq8S" />

Located on a 1,156 sqm site one block from the beachfront, the development will replace an ageing walk-up building and is expected to contribute to the ongoing transformation of the Old Burleigh Road strip into one of the Gold Coast’s most prestigious residential corridors.

With the development moving into the delivery phase, 137 Old Burleigh Road is slated to hit the market later this year.

[smartcode_project_cta:default project_id=145141]

DVB Projects to launch second Broadbeach apartment tower as demolition commences

<a data-end="327" data-is-only-node="" data-start="250" href="https://www.apartments.com.au/developers/norus-projects" rel="noopener" target="_new">Norus Developments</a> has lodged plans for a new apartment development in Clayton that would add further momentum to the suburb's emerging Green Street corridor.

Plans have been lodged for the consolidated site at <a href="https://www.apartments.com.au/new-apartments/1359-1365-centre-road-clayton-vic-3168">1359-1365 Centre Road</a>, where Norus is seeking approval for 218 apartments across a 12-storey apartment building designed by <a href="https://www.apartments.com.au/architects/life-architecture-and-urban-design">Life Architecture</a>.

The proposal sits within the Clayton Major Activity Centre at the threshold of the planned Green Street corridor, a landscaped pedestrian connection intended to improve links through the precinct towards Clayton Railway Station.

The development would replace the site's existing collection of low-scale residential and commercial buildings with a single consolidated building, introducing significantly greater housing density to this part of Centre Road.

A retail tenancy is proposed at ground level to activate the Centre Road frontage, accompanied by transparent street interfaces and landscaping intended to create a more pedestrian-focused edge to the development.

<img alt="First look: Norus Developments plans landscape-led apartment project for Clayton’s emerging Green Street" data-entity-type="file" data-entity-uuid="0a5a763a-d9e9-4253-af2f-88008de27ebf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Clayton%20a.png?VersionId=S2WJJbat1XVkZwB9SnYtygirXgWHiklX" />

The building has been designed with stepped massing and upper-level setbacks to manage its transition towards surrounding residential properties. The planning report describes the approach as one that integrates the building into the landscape rather than treating landscaping as a secondary element.

"A strong landscape and public realm strategy underpins the proposal," Urbis states in the planning report.

"Public benefits include an affordable housing contribution, a new pocket park, generous landscaped setbacks, deep soil planting and integrated Water Sensitive Urban Design."

The report adds that these elements are intended to create "a permeable, pedestrian-focused ground plane that enhances walkability, supports urban cooling and reinforces the emerging Green Street character."

Biophilic and passive design principles extend through the residential levels, with planting, daylight, natural ventilation and views towards landscaped areas forming part of the amenity strategy.

Parking would be concentrated away from the public realm, with 145 car spaces proposed from the rear laneway rather than dominating the Centre Road frontage.

The proposal follows an extensive pre-application process with the City of Monash. Three formal meetings were held between the project team and Council from December 2025 to March 2026, with the scheme evolving through several concept iterations before the current design was lodged.

The project arrives as Clayton prepares for substantial change around its established activity centre and the wider Suburban Rail Loop precinct. Its position on Centre Road places the development within an existing concentration of shops, services and public transport, while the Green Street connection is intended to strengthen pedestrian access towards Clayton Railway Station.

First look: Norus plans landscape-led apartment project for Clayton’s emerging Green Street

<a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> has officially commenced construction on Bronze on Chevron, celebrating the sod turning of its first-ever Gold Coast development and marking a significant milestone in the company's continued expansion across South East Queensland.&nbsp;

Following the successful delivery of premium residential developments throughout Brisbane and the Sunshine Coast, <a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-chevron-island-qld-4217">Bronze on Chevron</a> represents Gardner Vaughan Group's entry into the Gold Coast market. Bronze will deliver 119 one, two, three and four-bedroom apartments above two ground-level retail tenancies.

[smartcode_project:default project_id=107520 project_image_fid=367193]

The recent sod turning ceremony was attended by Deputy Mayor Mark Hammel, President of the Surfers Paradise Surf Life Saving Club, Cassandra Sedgman, project consultants, purchasers, project partners and invited guests to celebrate the commencement of construction.&nbsp;

Gardner Vaughan Group Chief Executive Officer Simon Betteridge said Bronze on Chevron represented an exciting new chapter for the business.&nbsp;

"We've spent almost four decades building homes that respond to the way people want to live, and we're excited to bring that experience to <a href="https://www.apartments.com.au/developments/chevron-island-qld-4217">Chevron Island</a>," Betteridge said.

"Bronze on Chevron is particularly significant because it marks Gardner Vaughan Group's first development on the Gold Coast following many successful projects across Brisbane and the Sunshine Coast."

[smartcode_project:default project_id=107520 project_image_fid=367183]

Betteridge said the ground breaking is a proud moment for the&nbsp;team and their purchasers, who can now see their future homes beginning to take shape.&nbsp;

"As both developer and builder, we're able to oversee every aspect of the project from design through to construction, ensuring the quality and attention to detail Gardner Vaughan Group has become renowned for."&nbsp;

Designed by acclaimed architectural practice <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, Bronze on Chevron has been thoughtfully designed to complement Chevron Island's evolving streetscape while embracing its relaxed coastal lifestyle.

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029.&nbsp;

[smartcode_project_cta:default project_id=107520]

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029

Gardner Vaughan Group breaks ground on first Gold Coast development, Bronze on Chevron

Brisbane off the plan apartments

Gardner Vaughan Group have been at the forefront of apartment development in South East Queensland since it was founded in 1989.

In the last 35 years, the company has grown from a building and design company to a fully-fledged builder-developer.

They're currently selling four projects across both Brisbane and the Sunshine Coast, while they have future projects coming up in Redcliffe&nbsp;and <a href="/new-apartments/nundah-qld-4012">Nundah</a>.

With everything going on at <a href="/developers/gardner-vaughan-group">Gardner Vaughan</a> at the moment, we recently caught up with Gardner Vaughan Director Sam Gardner to talk about what they're up to.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/SUzKsDG7L6I?si=tBabPbXIL4jV2iSL" title="YouTube video player" width="560"></iframe>

Gardner Vaughan has moved from around 20 to 50 apartments per development to around 90 to 120 per stage.

"A lot of that comes down to the control of having input into every single facet of development," Gardner says, adding that they brought development in house about a decade ago.

"We know that being a builder developer in Queensland at the moment gives us an advantage. It's an interesting environment that we find ourselves in, but it's an environment conducive to builder developers."

Gardner says it's important to build a level of trust with buyers in the off the plan market.

"One of the biggest hesitations of our buyers buying off the plan is that trust, and one of the ways you can improve this trust is by showing a track record and your experience, but it's really taking the buyers and everyone else involved through the process of showing them what we're thinking, showing them how these developments have been designed, showing them how we've had the end user in mind."&nbsp;

Gardner Vaughan has recently released the final stage of their <a href="/new-apartments/chermside-qld-4032">Chermside</a>&nbsp;apartment development, <a href="/new-apartments/estilo-on-the-park-chermside-81-kittyhawk-drive-chermside">Estilo on the Park</a>, on the doorstep of Seventh Brigade Park. They're also parkside in <a href="/new-apartments/stones-corner-qld-4120">Stones Corner</a> where they are developing <a href="/new-apartments/stonebrook-stones-corner-10-flora-street-stones-corner">Stonebrook</a>, 90 apartments on Hanlon Park, voted Australia's best park in 2023.

A further two of GVG's current projects are up on the Sunshine Coast. <a href="/new-townhouses/bokarina-beach-homes-bokarina-boulevard-bokarina">Zinc</a> in <a href="/new-apartments/bokarina-qld-4575">Bokarina</a> has almost completed construction and has just one apartment left to sell, while <a href="/new-apartments/bask-bokarina-38-bokarina-boulevard-bokarina">Bask</a>, a few doors down, will start construction once Zinc has completed.

To find out more information about Gardner Vaughan, visit their <a href="/developers/gardner-vaughan-group">Urban Profile</a>.

Gardner Vaughan has moved from around 20 to 50 apartments per development to around 90 to 120 per stage as a builder developer

Michael Bird

How Gardner Vaughan is creating trust as a builder developer in South East Queensland: Five minutes with Gardner Vaughan Group Director Sam Gardner

Brisbane's unit market will not slow down.

CoreLogic's Monthly Hedonic Index showed growth in the apartment and townhouse market across the Queensland capital outstripped houses again, with value gains of 1.5 per cent in March.

The median unit value in&nbsp;<a href="/developments/brisbane-qld">Brisbane</a> is now at $587,000, continuing to close the gap on Melbourne, whose median unit value is $612,000.

Brisbane unit values are now 4.1 per cent up over 2024, the second best performing capital behind Perth. Comparatively, Brisbane houses are up 2.8 per cent over the same period.

<h2>What happened in Brisbane’s off-the-plan apartment market in March?</h2>

While prices continue to boom across the unit sector, there's still little new movement in Brisbane's tightly held new apartment supply.

Charter Keck Cramer says the Brisbane market will be <a href="/news/qld/brisbane-market-to-be-chronically-undersupplied-for-next-two-to-three-years-charter-keck-cramer">chronically undersupplied for the next two to three years</a>.&nbsp;

Charter Keck Cramer's Metro Brisbane State of the Market H2 2023 found there were just 1,100 apartments launched in 2023, -76 per cent less than the decade average, while low completions are forecast for the next three years.

They did note that recently launched projects are achieving strong sales results.

"These are priced predominantly at the upper end of the market and targeted towards those who can accept the higher price points required to offset increased build costs," the report noted.

They said other local buyer segments remain priced out of the market or are disincentivised to buy given the uncertainty with interest rates and the significant upfront financial handbrake of stamp duty.

<a href="/architects/urbis">Urbis</a> also noted that the stock levels in Brisbane have shrunk toward five-year lows.&nbsp;

The Urbis Apartment Essentials Report showed there were 112 sales in Q4 2023 in Brisbane, with the lowly stock levels resulting in just 512 apartments available to buy.&nbsp;

Supply has been dwindling since Q1 2023 when there were nearly 1,400 apartments on the market with around 500 of those being sold.

In response to strong demand at the upper end of the market,&nbsp;<a href="/developers/sekisui-house-australia">Sekisui</a>&nbsp;launched the Opulent Release in their penultimate stage of their $1.2 billion West End master planned precinct, West Village.

The Opulent Release comprises just four and five-bedroom apartments toward the top of the towers of Uno and Duo, which together form the <a href="/new-apartments/the-allere-collection-west-village-mollison-street-west-end">Allere Collection</a>, which comprises two towers, Uno and Duo.&nbsp;

Read more:&nbsp;<a href="/news/qld/sekisui-release-final-apartments-in-west-villages-allere-collection">Sekisui release final apartments in West Village's Allere Collection</a>

[smartcode_project:default project_id=114215 project_image_fid=204872]

Uno and Duo, which are 95 per cent sold, will be the second to last buildings in the 2.6-hectare West Village precinct which Sekisui started developing in 2016.

The appeal of the Allere Collection spans a diverse demographic, attracting first-home buyers, pet owners, and both young and established families.&nbsp;

The prime location on Mollison Street, close to seven schools, further enhances its allure among families seeking convenient access to education hubs.

[smartcode_project:default project_id=114215 project_image_fid=204843]

The broader West Village precinct also showcases the heritage-listed former Peters Ice Cream Factories, a nod to the area's industrial heritage.&nbsp;

Upon completion, West Village will comprise 1,200 residences, accompanied by 20,000 sqm of commercial space, an 18,000 sqm retail precinct, and a one-hectare expanse of open parklands and heritage laneways.&nbsp;

[smartcode_project:default project_id=107029 project_image_fid=251119]

Elsewhere <a href="/developers/mosaic-property-group">Mosaic Property Group</a> sold out their <a href="/developments/toowong-qld-4066">Toowong</a> apartment development, <a href="/new-apartments/the-prescott-by-mosaic-toowong-24-28-lissner-street-toowong">The Prescott</a>, with all 100 apartments snapped up before its completion.

The Prescott is Mosaic’s third project in Toowong following the successful <a href="/new-apartments/the-patterson-by-mosaic-15-archer-street-toowong">The Patterson by Mosaic</a> and <a href="/buildings/kensington-by-mosaic-36-sylvan-road-toowong">Kensington by Mosaic</a>.

Mosaic partnered with <a href="/architects/dko-architecture">DKO</a>, their second collaboration following the rapid sellout of <a href="/buildings/the-mowbray-73-northcote-street-east-brisbane-qld-4169">The Mowbray</a> in <a href="/developments/east-brisbane-qld-4169">East Brisbane</a>. The architectural design incorporates cascading and climbing plants on each facade, creating green spines throughout The Prescott.

[smartcode_project:default project_id=107029 project_image_fid=251124]

Prospective residents of The Prescott can anticipate a lifestyle that takes advantage of Brisbane's subtropical climate with rooftop recreation spaces that include a pool, a gym with a yoga lawn, and multiple dining areas with panoramic views of the Brisbane River, Mount Coot-Tha, and the city skyline.

Mosaic's building arm, <a href="/builders/mosaic-construction">Mosaic Construction</a>, has already completed the ground-level and level-two concrete slab pour in the last two months.

Read more:&nbsp;<a href="/news/qld/how-mosaic-became-one-of-the-most-trusted-developers-in-south-east-queensland-five-minutes-with-brook-monahan">How Mosaic became one of the most trusted developers in South East Queensland: Five minutes with Brook Monahan</a>

What happened in Brisbane’s off the plan apartment market in March?

City Beat April 2024: Brisbane unit market outstrips house growth as boom continues

Brisbane developer Pikos Group is backing up its recently launched Skye Residences in Kangaroo Point with another project in the affluent suburb.

They've been given the green light by the Brisbane City Council for Gaia, two 15-level buildings at <a href="/new-apartments/gaia-kangaroo-point-108-lambert-street-kangaroo-point">108 Lambert Street</a> which will home 215 apartments as well as creating a full acre of inner-city parklands in the process.

Pikos Group founder and Executive Director Pedro Pikos said the vision for Gaia has been a decade in the making and follows the amalgamation of eight individual lots to create 5,284 sqm of pure river frontage.&nbsp;

“The opportunity to amalgamate such a large riverfront site at Kangaroo Point is unrepeatable,” Pikos said.&nbsp;

“Gaia will transform this rare waterfront site into an inner-city sanctuary that embraces its incredible &nbsp;connectivity to the river and the city, delivering two residential towers and the city’s largest private parkland along a secluded pocket of the Brisbane River.”&nbsp;

Designed by <a href="/architects/dko-architecture">DKO Architecture</a>, Gaia is the second project in Pikos Group’s luxury riverfront property portfolio and follows <a href="/new-apartments/skye-residences-kangaroo-point-8-river-terrace-kangaroo-point">Skye by Pikos</a>, currently under construction at River Terrace,&nbsp;<a href="/developments/kangaroo-point-qld-4169">Kangaroo Point</a>.&nbsp;

<img alt="Pikos Group gets green light for GAIA" data-entity-type="file" data-entity-uuid="c939c0c6-908f-4465-b09d-b6d406fa2308" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Gaia%20Kangaroo%20Point.png?VersionId=yYgN9DPSunixHg7LRSJsGLHqSjms5cCT" />

Pikos Group Chief Executive Officer Michelle Wooldridge said Gaia has been designed as a luxurious urban retreat designed to merge city living with riverside tranquillity.&nbsp;

“The name Gaia means ‘connected to earth,’ which perfectly encapsulates our vision for the site as a holistic residential and wellness precinct grounded in nature,” Wooldridge said.&nbsp;

“In revisiting the design to enhance its buildability, we uncovered the opportunity to open view corridors and create expansive green spaces.&nbsp;

“In doing so, we’ve created Brisbane’s largest private parkland community, with just shy of one acre of riverfront gardens and green spaces providing extensive amenity and connection to nature to all residents.&nbsp;

“The site itself is incredibly tranquil and embraces this quiet pocket of the river while enjoying excellent connectivity to the city. This will only improve once the city’s green bridges are complete.”&nbsp;

Wooldridge said both residential towers at Gaia have been oriented to capture sweeping views of the city and river, with all apartments featuring luxury internal finishes of natural stone, timber flooring and premium appliances.&nbsp;

Residents will have access to wellness&nbsp;amenities including a riverside pool and pool terrace, with hot and cold plunge pools, set amongst the landscaped gardens, as well as an indoor/outdoor gym, BBQ and outdoor dining, rooftop dining and garden workshop, yoga lawn and outdoor cinema, private dining room, and work-from-home lounge.&nbsp;

The River Tower includes a mix of three and four-bedroom apartments, some with a multi-purpose room, while the City Tower will have two and three-bedroom apartments with an additional multi-purpose room.

[smartcode_project_cta:default project_id=7684]

Pikos Group Chief Executive Officer Michelle Wooldridge said Gaia has been designed as a luxurious urban retreat designed to merge city living with riverside tranquillity

Staff Writer

Pikos Group secures approval for Gaia Kangaroo Point apartments

Lutwyche's newest apartment development, Parklane, spearheaded by boutique property developer Ferro Property Group, is approaching completion.

With the final release underway, <a href="/new-apartments/parklane-lutwyche-25-swinburne-street-lutwyche">Parklane</a> has seen an impressive uptake, with all units sold thus far being acquired by owner-occupiers. Only a handful of the 19 three and four-bedroom apartments remain.

[smartcode_project:default project_id=25483 project_image_fid=250562]

Architecture firm&nbsp;<a href="/architects/ferro-chow-architects">FerroArch</a>&nbsp;were inspired by the surrounding parklands. Parklane sits between two parks, xx and xx, on&nbsp;Swinburne Street.

The apartments feature light and airy interiors with on-trend light oak floors, boasting generous proportions and spacious balconies overlooking Kedron Brook.

The kitchens are equipped with a full suite Smeg appliances, complemented by functional butler’s pantries.

[smartcode_project:default project_id=25483 project_image_fid=250559]

Bedrooms offer ample storage with sliding robe space, while the master suite stands out with multiple robes, an ensuite with a freestanding bath, and a double basin vanity with illuminated wall mirror cabinets.

Residents of Parklane will enjoy exclusive access to amenities, including a swimming pool, entertaining area, and lounge terrace.

[smartcode_project:default project_id=25483 project_image_fid=250561]

Parklane's location on Swinburne Street adds to its appeal, placing residents just six kilometres from the CBD and within walking distance from the Northern Busway Station, Market Central Shopping Centre, local cafes, the Crown Hotel, and the proposed Lamington Markets lifestyle precinct.

Construction of Parklane by builder <a href="/builders/sig-group">SIG Construction Group</a> is approaching completion, with settlement expected in April.

<a href="/developers/ferro-property-group">Ferro Property Group</a>&nbsp;were a&nbsp;UDIA Queensland Finalist in 2021 and they're currently working as a joint venture partner on <a href="/new-apartments/mira-61-garfield-terrace-surfers-paradise-qld-4217">MIRA</a>, the luxury Gold Coast apartment development on Northcliffe Beach.

[smartcode_project_cta:default project_id=25483]

Parklane's location on Swinburne Street adds to its appeal, placing residents within walking distance from the Northern Busway Station, Market Central Shopping Centre and the proposed Lamington Markets lifestyle precinct

Parklane, Lutwyche apartments approach completion

<a href="/developers/national-enterprises-pty-ltd">Woollangabba</a>&nbsp;is undergoing a huge transformation in the lead-up to the Brisbane 2032 Summer Olympics.

Set to see the transformation unfold is residents at <a href="/buildings/the-carl-residences-21-25-carl-street-woolloongabba">The Carl Residences</a>, the suburb's newest residential address.

Buyers will be moving in soon to the 87-apartment development by&nbsp;<a href="/developers/national-enterprises-pty-ltd">National Enterprises</a>&nbsp;on Carl Street,&nbsp;

Just a handful of apartments remain, starting from $495,000.

[smartcode_project:default project_id=27631 project_image_fid=195780]

The Carl Residences presents an attractive opportunity for first home buyers seeking affordable yet well-connected addresses in Brisbane. The Carl Residences qualifies for the $30,000 First Home Owners Grant.

“These apartments are an exceptional opportunity for the first home buyer,” <a href="/project-marketer/remax-qld">RE/MAX</a> Experience’s David Cotterill said when speaking to Urban in 2021.

“The overall design is sleek and modern, the fit-out is stylish and high quality, and balconies are spacious. In fact, all spaces are large.”

The apartments boast light-filled interiors with city views from the north side starting from the fourth level.

The kitchens are modern and stylish and are well-equipped with Bosch appliances.

[smartcode_project:default project_id=27631 project_image_fid=214046]

Set over 12 levels, Carl Residences also offers residents several amenities, including secure underground parking, outdoor gym facilities, and a rooftop pool with a barbecue and entertainment area.

Cotterill said the location of the apartments will result in good rental returns for investors.

Located less than three kilometres from the CBD and only a seven-minute walk from the nearest station, Carl Residences provides residents with both privacy and connectivity—making Woolloongabba an appealing choice, especially with the anticipation of the 2032 Brisbane Summer Olympics.

[smartcode_project:default project_id=27631 project_image_fid=195789]

The upcoming 2032 Summer Olympics have spurred significant investment in the area to create a vibrant 24/7 precinct that will endure beyond the conclusion of the games.&nbsp;

The Queensland and federal governments have pledged $7 billion to transform <a href="/new-apartments/brisbane-qld">Brisbane</a>'s sporting and event venues, including a rebuild of The Gabba, just four minutes away, which will serve as the central hub for the games.

[smartcode_project_cta:default project_id=27631]

Cotterill said the location of the apartments will result in good rental returns for investors

Buyers set to move into The Carl Residences in Woollangabba

Brisbane's riverfront is arguably the most sought-after spot for anyone to live.

The likes of <a href="/developments/kangaroo-point-qld-4169">Kangaroo Point</a>, <a href="/developments/new-farm-qld-4005">New Farm</a> and <a href="/developments/hawthorne-qld-4171">Hawthorne</a> always have their suburb records set on the river. It's been a regular occurrence over the last decade that one of those suburbs has taken out the most expensive house sale in Brisbane.

Seldom does the opportunity arise for a true riverfront apartment development, given the cost of the land and the difficulty of prying a large enough site out of the hands of an owner who will know opportunities to buy back onto the riverfront will be few and far between.

The property developing Zullo family, who run luxury apartment developer <a href="/developers/bellevue-queensland">Bellevue Queensland</a>, bought their slice of riverfront on Byron Street in <a href="/developments/bulimba-qld-4171">Bulimba</a>, buying an old walk-up on 1,454 sqm in early 2022.

Two years after securing the site, they've launched <a href="/new-apartments/apollo-bulimba-63-byron-street-bulimba">Apollo Bulimba</a>, a collection of just 12 apartments starting from $2.125 million, a price unrivalled for the riverfront position.

[smartcode_project:default project_id=144437 project_image_fid=261631]

Apollo Bulimba has been designed by Esat Design who have focused on creating a subtropical lifestyle with a Mediterranean-inspired building and interiors, featuring white textured finishes and rich bronze and copper accents.

The interior palette features warm neutral tones with timber flooring, hand-picked Signorino stone benchtops, brushed metal tapware, and VZUG appliances integrated into the kitchens.

Offering 16 metres of Brisbane River frontage, the apartments will offer sweeping river and city skyline views. The sprawling penthouse will take in the best views, barring the rooftop which will be home to a communal swimming pool, pool deck, and a barbecue lounge for residents.

[smartcode_project:default project_id=144437 project_image_fid=261640]

Apollo is the only off the plan apartment development for sale in Bulimba, which has experienced a scarcity of new apartments in recent years

Luxury home builder and apartment developer GRAYA recently completed their Bulimba apartment development Canvas, which sold out before completion.&nbsp;

Bellevue Queensland have more luxury apartment developments coming up in <a href="/developments/coorparoo-qld-4151">Coorparoo</a>,&nbsp;<a href="/developments/lutwyche-qld-4030">Lutwyche</a> and <a href="/developments/west-end-qld-4101">West End</a>.

[smartcode_project_cta:default project_id=144437]&nbsp;

Apollo is the only off the plan apartment development for sale in Bulimba, which has experienced a scarcity of new apartments in recent years

Rare opportunity to buy on the Brisbane River as Apollo Bulimba apartments launch

Sustainability and amenity-focussed Brisbane developer, Aria Property Group, is pushing on with its significant apartment development pipeline in the Queensland capital.

Their latest project, <a href="/new-apartments/casamia-west-end-105-107-jane-street-west-end">Casamia West End</a>, is building on the success of their nearby <a href="/buildings/tree-house-111-jane-street-west-end">Tree House</a> development and their recently completed <a href="/buildings/upper-house-66-hope-street-south-brisbane">Upper House</a> in <a href="/new-apartments/south-brisbane-qld-4101">South Brisbane</a>.

When speaking to Urban last year,&nbsp;<a href="/developers/aria-property-group">Aria</a> Development Director Brent Liddell said Casamia is a testament to their commitment to creating remarkable living spaces that pay homage to the unique character of <a href="/new-apartments/west-end-qld-4101">West End</a>.

The 14-level tower of just 44 apartments at 105-107 Jane Street sits adjacent to Tree House, which won the Best High-Density Development in Australia at the 2023 UDIA Awards. The apartments at Casamia range from two to four bedrooms and overlook the beloved Davies Park.&nbsp;

[smartcode_project:default project_id=139836 project_image_fid=261746]

Designed by <a href="/architects/rothelowman">Rothelowman</a> and drawing inspiration from the works of Spanish architect Antoni Gaudi, Casamia showcases a sophisticated sculptural form with a curvaceous flowing façade and artistic screening details that provide shade and dappled light into each home.

Each apartment boasts three-metre-high ceilings, expansive double-glazed glass panels throughout, and spacious wrap-around balconies accessible from the open-plan living and dining areas.

The kitchens at Casamia are well-appointed with state-of-the-art appliances from brands like Gaggenau, Sub-zero, and Whispair. The culinary space features glass splashbacks to gardens and natural stone island panels.

[smartcode_project:default project_id=139836 project_image_fid=261751]

Casamia includes nearly 1,000 sqm of resident amenity spaces throughout the building, continuing Aria's tradition of producing extensive rooftop amenities.

Crowning the building will be an infinity pool, wellness space such as hot and cold magnesium baths, a sauna, a personal training studio, and a Residents' Lounge &amp; Dining Room accessible as members of The Rooftop Garden Club.

Aria Living, the dedicated property management arm of Aria, will manage Casamia. The management service includes an onsite property management team and concierge services.

[smartcode_project:default project_id=139836 project_image_fid=261744]

As part of Aria's commitment to sustainable living, Casamia introduces an electric vehicle (EV) focus. The development offers an electric Mercedes EQC as part of its car-sharing program, while also being EV-ready, providing infrastructure for residents to install EV chargers.

Casamia is projected to reach completion in 2026. Apartments start from $3.7 million.

[smartcode_project_cta:default project_id=139836]

Designed by Rothelowman and drawing inspiration from the works of Spanish architect Antoni Gaudi, Casamia showcases a sophisticated sculptural form with a curvaceous flowing façade and artistic screening details that provide shade and dappled light into each home

Aria push on with West End riverfront apartment development, Casamia

A bold new proposal has been put forward for Brisbane’s 2032 Olympic Games which merges both Brisbane Live and the Gabba stadium into a new “Gabba Olympic Park”.

The plan aims to host both the swimming and athletics events at the same location, creating a single vibrant hub for athletes, swimmers and spectators alike.&nbsp;

Presented by local architecture firm Hayes Anderson Lynch Architects, the Gabba Olympic Park proposal includes a 17,000-seat Aquatic and Entertainment arena set above the Woolloongabba Cross River Rail station, connected to a new 55,000-seat Gabba stadium to replace the current facility. &nbsp;

A new footbridge across the SouthEast freeway will link the precinct with Southbank, the <a href="/developments/brisbane-qld">Brisbane</a> River and the CBD via the Goodwill bridge.&nbsp;

<img alt="The Gabba Olympic Park - an architect's vision" data-entity-type="file" data-entity-uuid="8eed4f69-fc47-4704-9c52-94fb9fb6a259" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20Gabba%20Olympic%20Park%20focus.png?VersionId=_jAl6T0ITv5RaZyyQBQ9lMuIsS2hrROu" />

Architect Elizabeth Anderson from Hayes Anderson Lynch Architects said their proposal creates a legacy of a unique entertainment and sporting precinct, with a distinctive Queensland feel, located in the inner city and above a newly built train station.

"Brisbane needs a new entertainment centre and a new stadium anyway, so it makes sense to combine both into one precinct; with 50% funding from the Federal Government, we are offering Queensland an extraordinary opportunity at half the cost!” &nbsp;

The proposal aligns with the vision of Premier Stephen Miles and Opposition Leader David Crisafulli to avoid building a third stadium in Brisbane. And centralising both the swimming and athletics to one precinct significantly reduces construction costs and improves construction efficiency, with estimates of over $1b in cost savings.&nbsp;

“As local architects based at <a href="/developments/kangaroo-point-qld-4169">Kangaroo Point</a>, our vision is for an iconic Olympic legacy for Brisbane, just like Expo88 was for Southbank," Anderson added.

"<a href="/developments/woolloongabba-qld-4102">Woolloongabba</a> is perfectly located, sized, and serviced to feature Brisbane on the world stage. &nbsp;In the short and long term, it is the only location that makes any sense for sports and entertainment in Brisbane. All the other Brisbane Olympic stadium locations are a joke. &nbsp;Why would we destroy koala habitats or change a beautiful inner-city park when we have a superior location on our CBD doorstep?”

The short-term relocation of the AFL and Cricket to the RNA showgrounds would allow unimpeded construction of the precinct, with the sporting codes returning to a world-class stadium which will last many years into the future. “The English would never extinguish Lords, so why would we do the same to the historic Gabba?”, questioned Anderson.&nbsp;

The proposed Gabba Olympic Park already boasts a comprehensive transport infrastructure network, including a new train station, a new metro station, and existing bus interchanges. This network ensures cost-effectiveness and operational efficiency during the Olympic events and beyond. &nbsp;

This transformative project heralds a sustainable and vibrant future for Brisbane and its residents.&nbsp;

Key Features of The Gabba Olympic Park:&nbsp;

<ul>
	<li>55,000-seat iconic Olympic Ceremony stadium to replace the current Gabba Stadium (to be demolished and rebuilt)&nbsp;</li>
	<li>New world-class Arena, featuring a 17,000-seat Entertainment Centre and Aquatic Park above the Cross River Rail station, metro, and bus interchange&nbsp;</li>
	<li>Innovative green elevated Olympic Plaza, open-air auditorium, and parkland&nbsp;</li>
	<li>Preservation of heritage-listed East Brisbane State School and former police station&nbsp;</li>
	<li>Creation of an iconic Olympic green footbridge linking directly to the Brisbane River, Southbank Riverwalk and CBD via the Goodwill bridge&nbsp;</li>
	<li>Inclusion of a warm-up track at Raymond Park&nbsp;</li>
	<li>Minimal disruption to surrounding road networks and transport hubs&nbsp;</li>
</ul>

The proposal aligns with the vision of Premier Stephen Miles and Opposition Leader David Crisafulli to avoid building a third stadium in Brisbane

Hayes Anderson Lynch propose new Brisbane 2032 Olympic Games plan

Developer Ausdev has secured a sell-out at its Nundah Village apartment development, Eight on Eton, just before construction reaches its completion.

The 47 apartments at <a href="/buildings/eight-on-eton-nundah-8-eton-street-nundah">8 Eton Street</a>, which will sit above commercial spaces, is expected to settle in mid-2024.

[smartcode_project:default project_id=14915 project_image_fid=179524]

Nestled among Brisbane’s most sought-after suburbs like <a href="/new-apartments/clayfield-qld-4011">Clayfield</a> and <a href="/new-apartments/ascot-qld-4007">Ascot</a>, <a href="/new-apartments/nundah-qld-4012">Nundah</a> offers an enviable lifestyle marked by convenience and connectivity. Its proximity to the Brisbane CBD, domestic and international airports, esteemed educational institutions, healthcare facilities, fine dining, boutique shopping, parks, and transport networks positions Eight on Eton as a pinnacle of desirable living.

[smartcode_project:default project_id=14915 project_image_fid=179531]

The project proved popular with downsizers, first home buyers and seasoned investors.

The diversity in apartment options, offering one, two, and three-bedroom layouts, caters to a broad spectrum of residents, while three commercial spaces on the ground floor adds further convenience to future residents.

Project Property Sales handled the marketing of the project

[smartcode_project_cta:default project_id=14915]

The project proved popular with downsizers, first home buyers and seasoned investors

Eight on Eton apartment development sells out before completion in Nundah Village

The Newstead Collective, one of Newstead's largest development projects, has hit the market.

Both local and interstate developers are expected to be circling the 7,440 sqm site which incorporates&nbsp;75 Longland Street, 11, 13 and 23 Stratton Street with 22 and 24 Kyabra Street.

It has plans with the Brisbane City Council for a three-tower development with over 1,000 apartments and a variety of retail outlets including&nbsp;such as cafes, restaurants, well-being, and health and beauty.

Colliers Queensland agents Troy Linnane and James Matley and Capital Markets Residential National Director Robert Papaleo have been appointed to launch an international expression of interest campaign for the significant residential development opportunity in the heart of Newstead.

The site has an approximate total site area of 7,440 sqm with frontages to Longland, Stratton and Kyabra streets. On completion it will become a new residential and lifestyle precinct, adjacent to Gasworks Plaza, providing a variety of options for the escalating number of people looking to live and socialise in Brisbane’s sought after Newstead precinct.

Similar scale inner city development sites have transacted for over $100 million.

<img alt="Newstead" data-entity-type="file" data-entity-uuid="85e23812-32e7-47bb-8b45-ada99aa5141d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-27%20at%2012.42.13%20pm.png?VersionId=uxUIK7hJyw5pKX0Op6N5XsKVnGgR9z7u" />

Colliers Queensland Residential Director Troy Linnane said the development concept relates to a masterplanned staged, three-tower project providing 1,001 apartments and 2,713 sqm of ground floor retail uses.

"Positioned in an unrivalled location, 'The Newstead Collective' is a stone's throw away from the Brisbane River and iconic destinations like James Street and Howard Smith Wharves, offering a variety of entertainment and lifestyle options that will complement the lifestyle aspirations of its future residents,” Linnane said.

“The apartment typologies vary to include studio, one, two and three bedroom apartment options.

“Based on historical demand and current supply, inner Brisbane will experience a shortfall of approximately 14,000 new apartments over the next four years, which highlights the chronic housing crisis in Brisbane."

<img alt="Newstead" data-entity-type="file" data-entity-uuid="bce9ca66-42af-429c-95ed-965a41d74052" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-27%20at%2012.42.07%20pm.png?VersionId=zD6xRHjq0MAK5hFeZV.ungUpYzGA2isi" />

Colliers Queensland Residential Executive James Matley said this is the last residential development opportunity of scale within the heart of Newstead, that will provide much-needed housing for both owner-occupiers and renters in this precinct.

“Due to the strong population growth and the lack of housing supply, with a current vacancy rate of 1.0%, we will continue to see price and rental growth in the Brisbane apartment market for the foreseeable future," Matley said.

"This development offers an inspired design that creates a thriving urban community around a piazza where residents can live, shop, dine, and relax in Brisbane’s most desirable inner-city suburb.

“The average sale price for new apartments in inner Brisbane is $1,726,500, which is the highest on record for new apartments. Price and rent increases are expected to continue given the growing demand v supply imbalance."

Situated in the heart of Brisbane’s best apartment neighbourhood and most sought-after inner city suburb, Newstead Collective offers unmatched amenity being in walking distance to James Street precinct, the Fortitude Valley entertainment precinct, 3km from the CBD, and 15 minutes drive from Brisbane Airports.

The project has been designed by Brisbane-based, award-winning architects Bureau Proberts, with the development application now lodged with Brisbane City Council for assessment.

Similar scale inner city development sites have transacted for over $100 million

Brisbane off the plan apartments

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Brisbane off the plan apartments

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News