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>.

Joel Robinson

Rainbow Bay apartment doubles in price since off the plan sale during pandemic

The long-planned transformation of Brisbane's historic Shafston Estate has taken another major step, with Capella Hotel Group announced as the luxury hospitality partner behind what will become Brisbane's first branded residences.

The project, to be known as Capella Residences Brisbane, is being delivered by Verso Projects at the landmark Kangaroo Point riverfront estate, with completion targeted for 2029.

The announcement follows a series of planning changes to the project over recent years. The site was originally approved in 2023 for a 15-level, 37-apartment development designed by Rothelowman for Burgundy Group before Verso Projects took over the 10,070 sqm riverfront holding and lodged revised plans with Kerry Hill Architects to increase the development to a 25-level tower with 51 apartments.

The latest announcement confirms Capella Hotel Group will bring its branded residential offering to the project, marking just the second Capella Residences development globally after Seoul, and the group's first branded residential project in Australia.

The <a href="https://www.apartments.com.au/new-apartments/23-castlebar-street-kangaroo-point-qld-4169">Castlebar Street development</a> will centre around the restoration of the heritage-listed Shafston House, one of Brisbane's oldest residences, originally constructed in 1851 by Reverend Robert Creyke as a single-storey cottage known as Ravenscott.

<img alt="Capella" data-entity-type="file" data-entity-uuid="2b9f4ce5-638f-4d6b-8082-3ca7e4b75fca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-09%20at%207.20.41%E2%80%AFAM.png?VersionId=f7aeqsW_DzOJI4FymWb3lD8NptSfsP7q" />

Capella said the project aligns with its focus on heritage-led developments, with the Brisbane estate combining the restored historic residence with a new luxury apartment tower and hospitality-inspired resident amenities.

Residents will have access to the Capella Living Room, a concierge-led communal space inspired by the group's luxury hotels, alongside landscaped gardens, six swimming pools, wellness and recreation facilities.

The broader estate will also include two riverfront homes, a six-berth private marina, porte cochère arrival experience, secure basement parking and a new section of public riverwalk along the Brisbane River frontage.

The heritage Postal Depot Building will also be retained and repurposed as a guest house, in line with the revised development plans.

The project represents another evolution for the site, which Kerry Hill Architects previously described as a rare opportunity to restore one of Brisbane's most significant heritage estates while creating a new benchmark for apartment living.

"The Shafston Estate provides a once-in-a-generation opportunity to restore one of Brisbane's finest heritage precincts and to reinstate residential use as a unique site perched on the edge of Kangaroo Point," Kerry Hill Architects said in its Urban Context Report accompanying the planning submission.

"The project will celebrate excellence in sub-tropical residential design, setting a new benchmark for vertical living in Brisbane."

Verso Projects, which now has an $8.5 billion development pipeline spanning more than 6,000 dwellings across apartments, townhouses, retail and commercial projects, said the partnership with Capella would elevate the development beyond a traditional residential project.

"We feel honoured to be restoring Shafston Estate to its former glory, elevating it to new heights of luxury and excellence underpinned by Capella's distinctive service ethos and design philosophy, and making it a standout landmark in Brisbane," Verso Projects CEO Steve Laffey said.

"By partnering with Capella, globally recognised for its refined approach to luxury hospitality and deep respect for cultural and historical context, we will elevate this project beyond a residential offering into a world-class destination."

Capella Hotel Group President Roland Fasel said Brisbane's emergence as a global city made it the right location for the company's Australian residential debut.

"Brisbane is a city on the cusp of something remarkable, and Capella Residences is our commitment to being part of that story," Fasel said.

"The Capella residential experience is more than luxury. It is about a sense of belonging to a place with deep meaning."

Private appointments have now opened for the project, with a display suite expected to open in late 2026 ahead of the planned 2029 completion.

Capella to launch Brisbane's first branded residences at Shafston House, Kangaroo Point

Lewis Land's latest apartment release within its <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan is targeting one of the Gold Coast's fastest-growing buyer groups, with almost a third of apartments at Solis priced below $1 million.

The seven-storey building at Biggera Waters will comprise 91 apartments, including 24 one-bedroom residences starting from $778,000, a price point Lewis Land says is aimed squarely at first home buyers struggling to enter the Gold Coast market.

<img alt="Harbour Shires" data-entity-type="file" data-entity-uuid="e7486e37-22f6-4c92-b212-9b0622070b8f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.34%E2%80%AFAM.png?VersionId=W8MJwJUCf6HkIyl_EVSksnd.QI6MZryY" />

<a href="https://www.apartments.com.au/developers/lewis-land-group">Lewis Land</a> Head of Development Michael Long said the developer deliberately allocated a significant proportion of the project to more affordable apartment types.

"First home buyers have been priced out of many parts of the Gold Coast, and we saw a clear opportunity to address this and play our part in a longer-term housing solution," Long said.

"That's why 24 of the 91 apartments being delivered at Solis have been designed and priced for the city's next generation of homeowners, quality one-bedroom apartments, half of which include an additional multipurpose room to maximise space and flexibility.

"This approach places 30 per cent of apartments in Solis under $1 million, and with close proximity to Harbour Town's future light rail extension connecting residents to the city's major employment and knowledge hubs, it's a win for buyers looking to secure their first property."

<img alt="Sores" data-entity-type="file" data-entity-uuid="550526d3-73ba-4710-9739-c5f4294a30ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.29%E2%80%AFAM.png?VersionId=cQQdXHt9wS0UXwZEm5Py5bH_3kAmzyhu" />

Designed by BDA Architecture, Solis will deliver a mix of one, two and three-bedroom apartments, with residences ranging up to 232 sqm. Apartments feature generous balconies and contemporary finishes, while residents will have access to Harbour Shores' lagoon pool, clubhouse, tennis court, gym, yoga studio and sauna.

The focus on first home buyers resonated with purchaser Holly Humphreys, who said she and her boyfriend spent more than a year searching for their first property before shifting their attention from houses to apartments.

"We fell in love with the first house we bid on and got our hopes up, but after repeated knockbacks we learned not to get too attached," Humphreys said.

"We offered at the high end of price guides, but sales kept going even higher. That's where we really struggled and we needed to re-evaluate our budget and our expectations. Standalone houses were off the table, and we pivoted to apartments and townhouses."

Humphreys said it was encouraging to see developers recognising the growing demand from first home buyers.

"There's a growing number of young buyers looking to enter the market earlier because they understand that getting in now can make a real difference as prices continue to rise," she said.

"It's fantastic to see a developer recognise this and then actively take measures to deliver an apartment with us in mind."

Solis is the first development planned within the second stage of the Harbour Shores masterplan, with early works expected to commence in September 2026.

[smartcode_project_cta:default project_id=113271]

Lewis Land targets first home buyers at latest Harbour Shores release, Solis

Luxury apartment developer Abadeen has recorded $19.25 million in apartment sales across two of its Lower North Shore developments in the lead-up to the end of the financial year, headlined by the sale of a $6.75 million penthouse at <a href="https://www.apartments.com.au/buildings/koyo-crows-nest-5-rodborough-avenue-crows-nest-nsw-2065">KOYO in Crows Nest.</a>

The transactions also included the sale of a newly completed three-bedroom apartment at <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences in Cremorne</a> for $6.35 million, with the residence selling shortly after the project's first public inspections following completion.

The sales come as completed, owner-occupier-focused apartments continue to attract strong demand across Sydney's Lower North Shore, particularly from buyers looking for certainty and immediate occupancy.

The penthouse at KOYO spans 491 sqm across a single level and was designed by architect Koichi Takada. The development is one of Abadeen's flagship boutique projects in Crows Nest.

[smartcode_project:default project_id=108800 project_image_fid=370093]

Abadeen Executive Chairman and Founder Justin Brown said buyer activity lifted noticeably in the lead-up to the end of the financial year.

"We saw a clear increase in enquiry levels, inspection numbers and buyer engagement across our completed projects leading into the end of the financial year," Brown said.

"Buyers have become far more decisive over the past six months. The combination of improving confidence, limited supply and the ability to physically inspect completed residences is creating strong competition for premium apartments in the best locations."

Brown says the&nbsp;response to Park Residences following completion has been particularly strong.

"Buyers want certainty and are responding positively to the opportunity to walk through a finished product, inspect the quality firsthand and move in immediately," Brown suggested.

"Projects such as Park Residences and KOYO demonstrate that when the product is exceptional and the location is irreplaceable, buyers are prepared to act quickly."

[smartcode_project:default project_id=114246 project_image_fid=370116]

Abadeen CEO Joe Tack said quality continued to differentiate projects in the current market.

"Today's buyers are incredibly discerning," Tack said.

"They are seeking larger floorplans, premium finishes, walkability, lifestyle amenity and confidence in the developer delivering the project. Well-designed boutique developments continue to outperform because they offer something genuinely difficult to replace.

"The enquiry we are seeing across our completed and recently completed Lower North Shore portfolio is very encouraging, and we expect this momentum to continue into spring."

The sales follow increased enquiry across Abadeen's Lower North Shore portfolio which also includes <a href="https://www.apartments.com.au/buildings/northcote-collective-naremburn-2-northcote-street-naremburn-nsw-2065">Northcote Collective in Naremburn</a> which also completed recently.

KOYO penthouse headlines Abadeen's $19.25 million EOFY sales flurry

The City of Sydney has approved plans for <a href="https://www.apartments.com.au/developers/billbergia">Billbergia Group</a> and Metrics Credit Partners’ $3.5 billion Castlereagh Place project in the heart of the Sydney CBD

The towers will be among the tallest in <a href="https://www.apartments.com.au/developments/sydney-nsw-2000">Sydney</a>'s CBD, with more floors than any other residential tower in the city.&nbsp;

The 6,000 sqm site was acquired by the joint venture partners in 2024. It is the largest amalgamated land parcel in the Sydney CBD and comprises eight individual sites fronting Castlereagh, Pitt and Liverpool Streets.&nbsp;

<a href="https://www.apartments.com.au/new-apartments/castlereagh-place-sydney-324-348-pitt-street-sydney-nsw-2000">Castlereagh Place</a> will transform an underutilised city block into a landmark mixed-use destination, anchored by two 82-storey towers comprising 607 luxury residences above an 8-level podium housing a 209-room luxury hotel. A 1,000 square metre civic park on ground level features a curated mix of food, beverage and retail.

The plans have been refined over the past year to rebalance the residential and hotel offering, and reconfigure the retail footprint to create a stronger, more dynamic dining experience.

A three-level flagship building on the prominent corner of Pitt and Liverpool Streets will be the gateway to the Castlereagh Place lifestyle precinct. Set to become a Sydney icon, the building is capable of housing multiple hospitality venues.

“Castlereagh Place is designed to be the City's next great urban oasis - an energetic mixed-use precinct that pulses with life, day and night,"&nbsp;said Joseph Kinsella, Group Director of Billbergia.

"It will bring the vibrancy of places like Barangaroo and Darling Quarter into a more accessible, central destination at the very heart of Sydney."

Kinsella said the project will build on&nbsp;Sydney’s growing laneway culture with the City’s largest network of new activated lanes - an expanded, next-generation take on precincts like Angel Place, Palings Lane and Ash Street in Wynyard.

[smartcode_project:default project_id=134477 project_image_fid=374401]

Castlereagh Place has been designed by architects <a href="https://www.apartments.com.au/architects/fjc-studio">fjcstudio</a> in collaboration with Trias Studio, Aileen Sage and Polly Harbison Design, joint winners of an international design competition in 2018.&nbsp;

Signature design elements from the original scheme remain unchanged, while the public domain has been significantly enhanced, delivering 60 per cent more open-to-sky space.

Pedestrian access will also be enhanced through new laneways linking Pitt, Liverpool and Castlereagh Streets, drawing people into a new civic park with outdoor seating, landscaping and integrated public art.

With activated laneways supported by strong hospitality offerings, Castlereagh Place is tipped to become a vibrant new dining destination in the heart of Sydney’s CBD.

It marks the largest undertaking to date for the Billbergia and Metrics Credit Partners partnership. Together they are developing other underutilised Sydney sites into mixed-use precincts, including the $2.2 billion Concord Central and the $1.3 billion Chatswood Grand Residences.

Metrics Managing Partner and Group CEO Andrew Lockhart said Castlereagh Place is a landmark project that will redefine Sydney’s skyline.

"As the tallest residential high-rise development, the revitalised site will offer panoramic views across the CBD and surrounds. We are excited to partner with Billbergia to reinvigorate an underutilised site and create a sophisticated and contemporary mixed-use offering situated in the heart of Sydney.”

Total apartments within the towers have increased to 607 dwellings, with a focus on larger floorplans. Aligned to growing market demand, Castlereagh Place now comprises 299 three-plus-bedroom apartments, 198 two-bedroom units and 110 one-bedroom configurations.

[smartcode_project:default project_id=134477 project_image_fid=374402]

Resident amenities will include an exclusive residents club containing a gym, rooftop pool, dining rooms, co-working spaces, library, golf simulator, games room, cinema room, and access to an exclusive concierge service. There will be around 500 basement car spaces below the towers.

The development will also include a state-of-the-art wellness centre, set to feature a bathhouse with magnesium pools, hot/cold plunge pools and premium amenities.

&nbsp;

According to fjcstudio, the towers will feature distinctive yet elegant architectural design reflecting Sydney’s geometry and urban character, with a network of through-site links and intimate public spaces activating the streetscape.

"Castlereagh Place is a city-making project of significant scale and ambition," said Richard Francis-Jones, Design Director at fjcstudio.

"It will create a rich urban complex of public open spaces, landscaped gardens, and vibrant laneways. Defining these new public spaces and the important streetscape of Castlereagh Street is a sequence of fine-grained, diverse retail and hotel architecture designed in collaboration with Aileen Sage, Polly Harbison Design and Trias.

“Rising above the tree-lined, human-scale streetscape are two slender residential towers that will transform the city skyline and look towards the Harbour, Hyde Park, and the Royal Botanic Garden.”

Demolition and early construction works have commenced onsite at Castlereagh Place.

[smartcode_project_cta:default project_id=134477]

Billbergia, Metrics, approved for $3.5 billion Sydney skyscrapers

Brisbane off the plan apartments

Queensland's off the plan property market, dominated by Brisbane the Gold Coast, and the Sunshine Coast, was arguably the most talked about market in 2023 as development ahead of the 2032 Brisbane Summer Olympics continued to be the largest topic of conversation.

The Queensland Government also released their ShapingSEQ 2023, the longterm vision for South East Queensland and how they're going to build enough houses to meet increasing population growth.

We've wrapped up the top five most engaging articles on Apartments.com.au in Queensland in 2023.&nbsp;

<h3>The top 16 Gold Coast apartment developments launching in 2023</h3>

The year kicked off with a forward view as to what was looking at launching in 2023.

A number of the projects listed have been held back until 2024 as develops continue to monitor build costs.

Those that did make it into market, like <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">MRCB's Vista project in Surfers Paradise</a> and Aniko Group's <a href="/new-apartments/chevron-island-qld-4217">Chevron Island apartment development</a> <a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a>, have benefited from continued high demand for Gold Coast apartments, demand which is still far outstripping supply.

[smartcode_project:default project_id=112730 project_image_fid=211248]

A number of the projects listed, like <a href="/news/qld/gurner-to-push-on-with-burleigh-heads-after-green-light-from-council">Gurner's Burleigh Heads project</a> and <a href="/news/qld/first-look-siera-group-set-for-beachside-surfers-paradise-apartment-development-exhale-surfers-paradise">Siera's Enderley Avenue tower in Surfers</a>, are expected to hit the market in the first half of this year.

Read more: <a href="/news/qld/the-top-16-gold-coast-apartment-developments-launching-in-2023">The top 16 Gold Coast apartment developments launching in 2023</a>

<h3>First look exclusive: Meriton propose three-tower Surfers Paradise apartment development, Cypress.</h3>

<a href="/developers/meriton">Meriton</a>&nbsp;always draws eyeballs whenever they file apartment plans, particularly on the Gold Coast.

Harry Triguboff's apartment giant is set to expand its presence further in <a href="/developments/surfers-paradise-qld-4217">Surfers Paradise</a>, lodgining&nbsp;plans for a three-tower development known as&nbsp;<a href="/new-apartments/cypress-palms-surfers-paradise-3346-surfers-paradise-boulevarde-surfers-paradise">Cypress</a>, adding 1,000 apartments to the skyline.&nbsp;

The&nbsp;<a href="/architects/dbi">DBI</a>-designed Cypress will consist of 73 and 80-level towers housing 994 apartments, with an additional 327 serviced apartments in a 53-level tower, each featuring rooftop gardens with pools and gym spaces.&nbsp;

<img alt="Urban's top five most read in 2023 in QLD" data-entity-type="file" data-entity-uuid="ed35c3c9-07a7-43b3-bb26-470a7699c65e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20proposed%20podium%20of%20Cypress.%20Image%20credit%20DBI.png?VersionId=49BsOVkxGnQ_CXbuL7jfaRHyi9S2jCbG" />

The Cypress project holds sentimental value for Triguboff, marking a significant addition to his longstanding contributions to the Gold Coast skyline over six decades.

This development is Triguboff's 21st high-rise on the Gold Coast and will be near <a href="/developers/gurner">GURNER</a>'s <a href="/new-apartments/aquia-la-pelago-108-ferny-avenue-surfers-paradise">La Pelago</a> and <a href="/developers/spg-land">SPG</a>'s <a href="/new-apartments/paradiso-place-surfers-paradise-103-ferny-avenue-surfers-paradise-qld-4217">Paradiso Place</a>.

Read more: <a href="/news/qld/first-look-exclusive-meriton-propose-three-tower-surfers-paradise-apartment-development-cypress">First look exclusive: Meriton propose three-tower Surfers Paradise apartment development, Cypress</a>

<h3>First look exclusive: Frasers plans revealed for Keperra Quarry site</h3>

In April national developer&nbsp;<a href="/developers/frasers-property">Frasers</a>&nbsp;unveiled plans for the former Keperra Quarry in <a href="/developments/brisbane-qld">Brisbane</a>'s north-west, outlining two residential precincts, a sports and recreational precinct, and a conservation zone.&nbsp;

<a href="/architects/rothelowman">Rothelowman</a>'s designs for the first precinct feature 91 townhouses spread across 5,043 sqm of the overall 18.9-hectare residential site.&nbsp;

<img alt="Urban's top five most read in 2023 in QLD" data-entity-type="file" data-entity-uuid="400721f3-ed95-4b3d-a926-6dd8c230f3ed" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20proposed%20plans%20for%20the%20townhouses.%20Image%20credit%20Rothelowman.png?VersionId=99b0EzjWHx0FObRLL1IM5rgn9R5bMFJQ" />

The townhouses will feature a mix of three or four bedrooms across two or three levels, with a minimum gross floor area of 140 sqm and a dedicated private open space of 35 sqm.&nbsp;

Extensive facilities, including two swimming pools, a recreation centre, and a gym, are planned for the first precinct.

Read more: <a href="/news/qld/first-look-exclusive-frasers-plans-revealed-for-keperra-quarry-site">First look exclusive: Frasers plans revealed for Keperra Quarry site</a>

<h3>Inside look: Residential opportunity at new $500 million Marina Mirage, Main Beach redevelopment</h3>

We released the first look at the new $500 milllon Marina Mirage, <a href="/developments/main-beach-qld-4217">Main Beach</a> redevelopment <a href="/news/qld/inside-look-residential-opportunity-at-new-500-million-marina-mirage-main-beach-redevelopment">back in February</a>.

South Australian shopping centre tycoon Con Makris revealed plans&nbsp;by Melbourne architect <a href="/architects/fraser-partners-0">Elenberg Fraser</a>&nbsp;for&nbsp;a new retail and dining precinct, a 110-room hotel, 44 apartments, and 46 villas.&nbsp;

<img alt="Urban's top five most read in 2023 in QLD" data-entity-type="file" data-entity-uuid="60b572a0-9932-4df0-943d-16ce8b583b9d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Marina%20Mirage.png?VersionId=0JVDX4MIBBdy3EyXdc2eJr2R2csMizCc" />

The development aims to attract affluent buyers, retirees, and families seeking beach leisure, fine dining, and cultural exploration.

Read more: <a href="/news/qld/inside-look-residential-opportunity-at-new-500-million-marina-mirage-main-beach-redevelopment">Inside look: Residential opportunity at new $500 million Marina Mirage, Main Beach redevelopment</a>

<h3>The top 12 developers to watch out for on the Gold Coast in 2024</h3>

One of the most popular articles was sent at the end of last year, looking forward to 2024 and reviewing which developers are likely to be the most active this year.

Sales momentum gathered at a strong rate toward the end of 2023, which will have had developers licking their lips and doing what they can to get their projects in market.&nbsp;

There were 400 apartments sold in Q3 2023 across prominent areas like <a href="/developments/broadbeach-qld-4218">Broadbeach</a>, Main Beach, and Surfers Paradise.

Developers like Siera, who will have three projects in market when they launched in Surfers, Lewis Land, who are set to launch their <a href="/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters">$1.5 billion Harbour Shores development</a> in <a href="/new-apartments/biggera-waters-qld-4216">Biggera Waters</a>, made the list.

Read more: <a href="/news/qld/the-top-12-developers-to-watch-out-for-on-the-gold-coast-in-2024">The top 12 developers to watch out for on the Gold Coast in 2024</a>

Urban's top five most read articles in Queensland in 2023

Developer <a href="/developers/traders-in-purple">Traders In Purple</a>&nbsp;is bringing yet another apartment development to the Moreton Bay Region, and their most recent is possibly their best.

Orilla Woody Point comprises just 32 apartments designed by Rothelowman on the&nbsp;water's edge at&nbsp;<a href="/new-apartments/woody-point-qld-4019">Woody Point</a>&nbsp;near the Woody Point jetty.

Placed between <a href="/new-apartments/brisbane-qld">Brisbane</a> and the <a href="/new-apartments/sunshine-coast-qld">Sunshine Coast</a>, the boutique collection comprises three and four-bedroom oversized apartments ranging from 216 sqm to 348 sqm, with multiple living spaces, generous master suites and expansive balconies.

[smartcode_project:default project_id=14055 project_image_fid=216914]

All residences include dual-aspect orientation with views across Moreton Bay and towards the Glass House Mountains.

Designed by <a href="/architects/rothelowman">Rothelowman</a>, Orilla's modern and thoughtfully designed architecture complements its natural surroundings, emphasising the seamless connection between indoor and outdoor spaces.

As residents step into their homes at <a href="/new-apartments/orilla-woody-point">Orilla</a>, breathtaking ocean views await. The design prioritises both aesthetics and functionality.

[smartcode_project:default project_id=14055 project_image_fid=216921]

The well-appointed kitchens showcase Miele appliances, Caesarstone benchtops, an 800mm induction cooktop, an integrated combination steam oven microwave, pyrolytic ovens, a fully integrated dishwasher, a butler's pantry, and a stylish feature dry bar with LED lighting.

Each residence promises absolute ocean views from the living and master bedroom, with an additional balcony extending from the multi-purpose room, providing views of the Glass House Mountains.

The well-appointed master bedroom also has direct access to the balcony overlooking the ocean to enjoy the sunrise.&nbsp;

[smartcode_project:default project_id=14055 project_image_fid=216920]

The master features a walk-in robe and an ensuite with floor-to-ceiling tiles, a double vanity, and a bath and rain shower.&nbsp;

Every residence features a separate laundry room, ample functional storage, and dedicated car parking, with two residences sharing a lift lobby on each level.

Orilla also offers exclusive amenities for entertainment and relaxation. The carefully landscaped surroundings enhance privacy, offering residents a retreat to the subtropical forecourt oasis on the podium level, complete with a swimming pool, sun lounges, and a covered BBQ area.

[smartcode_project:default project_id=14055 project_image_fid=216915]

Orilla is just a three-minute walk from the iconic Woody Point Jetty and Woody Point Beach. The development is also within a 40-minute drive to Brisbane CBD, 20 minutes to Brisbane Airport, and an hour to the Sunshine Coast.

Traders In Purple has officially commenced construction on this nine-level development, with prices ranging from $1.745 million to $2.805 million.

[smartcode_project_cta:default project_id=14055]

Designed by Rothelowman, Orilla's modern and thoughtfully designed architecture complements its natural surroundings, emphasising the seamless connection between indoor and outdoor spaces

Staff Writer

Inside Traders in Purple's Woody Point apartment development, Orilla

Property developer Traders in Purple has successfully sold out their&nbsp;&nbsp;<a href="/new-apartments/scarborough-qld-4020">Scarborough</a>&nbsp;apartment development, Marin, well before construction completion.

Traders in Purple said the&nbsp;enthusiasm for the unparalleled lifestyle Marin offers has been overwhelming.

"With construction well on track, we can hardly wait to welcome the proud homeowners in early 2025," <a href="/developers/traders-in-purple">Traders in Purple</a> said.

Nestled on the leafy Landsborough Avenue Esplanade, Marin boasts a waterfront location with direct views to the east across Moreton Bay.&nbsp;

[smartcode_project:default project_id=21934 project_image_fid=216925]

Designed by <a href="/architects/ellivo-architects">Ellivo Architects</a>, the mixed-use development features retail on the ground level, including an expansive outdoor dining space set under a green leafy podium that seamlessly combines subtropical and coastal architectural elements.

The eight residential levels above the green base consist of 80 two and three-bedroom apartments.&nbsp;

[smartcode_project:default project_id=21934 project_image_fid=216937]

The gourmet kitchen has a butler's pantry, Miele appliances, and stone benchtops, while the waterfront master suite includes a walk-in robe, an ensuite with a double vanity, and a bath.&nbsp;

Some apartments at Marin include a multi-purpose room, allowing homeowners to create and tailor a personalised space to suit their lifestyle.

Residents will also have access to resort-style facilities, including a swimming pool surrounded by cabana-style day beds, landscaped gardens, and an outdoor BBQ kitchen and alfresco entertaining area.

[smartcode_project:default project_id=21934 project_image_fid=216929]

Marin is strategically located at the northernmost end of the Redcliffe Peninsula, close to beaches, green spaces, and retail outlets, all framed by the iconic Norfolk Pines that grace Landsborough Avenue Esplanade.

Traders In Purple has been a cornerstone of development in the Moreton Bay region for over a decade, with Marin marking their 12th project in the sought-after Moreton Bay Peninsula. The company's in-house construction team will deliver every development stage.

[smartcode_project_cta:default project_id=21934]

Traders in Purple's in-house construction team will deliver every development stage.

Traders in Purple sell out Marin Scarborough

Brisbane homes have seen extraordinary capital growth in the past few years, rising over 50 per cent since the onset of the pandemic in March 2020, data released by&nbsp;property data analytics firm CoreLogic found.

The city’s appeal amid an increase in remote work helped fuel strong population growth, increasing housing demand, driving down supply and making it a seller’s market.&nbsp;

At the end of last year, Brisbane reached a new milestone. The city now has the third-highest median dwelling value among the capitals, behind Sydney and Canberra. In December, the Greater Brisbane median dwelling value was $787,000, surpassing Melbourne’s median value for the first time since July 2009 by around $7,000.

CoreLogic has looked at the fundamentals which has led Brisbane's median dwelling value to overtake Melbourne's.

<img alt="CoreLogic" data-entity-type="file" data-entity-uuid="1cdb2584-bca2-48aa-8541-d652f345ab12" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-11%20at%202.42.13%20pm.png?VersionId=kl20MrZO4WFlfi5hE2z3DZ4YacEeput7" />

<h2>Why has Brisbane surpassed Melbourne in the median dwelling value ranks?&nbsp;</h2>

Composition of housing stock. Despite recording a higher median dwelling value, Brisbane’s median house and unit values are still -$72,000 and -$49,000 below Melbourne’s medians respectively.

<img alt="CoreLogic" data-entity-type="file" data-entity-uuid="4a4798a0-95a7-4775-a431-5b3ea47ec534" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-11%20at%202.42.20%20pm.png?VersionId=q3I.bk7QDDS8dpORHArVar8F9kDD5pqo" />

The reason for this is that Melbourne has a higher share of units as a portion of the dwelling market. CoreLogic estimates that units comprise 33.8% of Melbourne dwellings, compared to 25.6% of homes across Brisbane (Figure 2b). Because units are generally lower value than detached houses, a higher portion of units brings down the median dwelling across all houses and units.&nbsp;

In the near term, this compositional difference might rebalance a little. The latest building activity data from the ABS showed that as of June last year, there were 1.4 units under construction for every house in Victoria, compared to 1.6 units for every house across Queensland. This implies there could be a slightly higher concentration of unit stock to come across Brisbane.&nbsp;

<img alt="CoreLogic" data-entity-type="file" data-entity-uuid="c3a44fea-34ad-4ca1-beaf-c302c336aa06" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-11%20at%202.42.23%20pm.png?VersionId=8j79Bkw4j8VGjFVnCZ.wUd0KHMAIgqgf" />

&nbsp;

Brisbane booms against mild Melbourne upswing. Since the onset of the pandemic in March 2020, Brisbane dwelling values rose 50.2% through to the end of last year. Over the same period Melbourne values rose just 11.0% (Figure 3), which was the weakest increase of any capital city market.&nbsp;

This disparity in growth has seen Brisbane’s median dwelling value rise from -$187,000 below Melbourne’s median in March 2020, to $7,000 higher in December last year.&nbsp;

The reason for such varied capital growth outcomes may be partly due to lifestyle factors, where the appeal of South East Queensland rose through the pandemic. The normalisation of remote work for many professionals made interstate migration to Queensland more feasible, while Melbourne’s extended lockdowns from March 2020 through to October 2021 may have prompted people to leave the city.&nbsp;

<img alt="Figure 3" data-entity-type="file" data-entity-uuid="8da01078-604a-43fe-a5d7-875de2b0005e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-11%20at%202.45.01%20pm.png?VersionId=NszwqCcZPBtFGpwB_74LqecV1pcGKZHQ" />

This is reflected in ABS migration data, which shows net interstate migration to Queensland hit a record high of 51,500 in the year to March 2022. In the same period, net interstate migration to Victoria was -20,000. Net internal migration to Victoria bottomed out at a loss of -35,600 people in the year to June 2021, and was still negative as of June last year. Value falls across Melbourne were also exacerbated by the loss of overseas migration through COVID, but net overseas migration turned positive in 2022. These trends can be seen in Figure 4, which shows rolling annual interstate and overseas migration by state.&nbsp;

While the most recent migration data is only available at a state-wide level, regional population data from the ABS showed that over the year to June 2022, Brisbane’s population grew by 2.3%, more than double the rate across Melbourne (1.1%). Overall, Melbourne still had a higher estimated resident population at 5,031,000, compared to 2,628,000 across Brisbane.&nbsp;

&nbsp;

<img alt="Corelogic" data-entity-type="file" data-entity-uuid="63d2d1f6-0e4c-486c-ac26-10c3584c6c50" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-11%20at%202.45.27%20pm.png?VersionId=x8SEYFEH.O1gSSqArW._Amin2fkpwJ3L" />

<h3>Outlook for market rankings</h3>

Brisbane was not the only city to ‘shift ranks’ in December, with the median dwelling value in Perth inching above the median Hobart dwelling value in the month. Adelaide also surpassed the Hobart median earlier in 2023, making Hobart the second-lowest median across the capitals.

However, these new rankings may be tested in the months ahead. Brisbane remains a seller’s market, but the pace of monthly growth in values has eased slightly, from 1.5% in October 2023 to 1.0% in December. As home values in the city continue to rise, there is less claim to Brisbane being relatively affordable, and some prospective interstate movers may decide to remain in their city. Recent weeks have also demonstrated there is some added risk to pockets of the Brisbane property market from extreme weather and flooding, which could impact demand in the near term.

Overall, the data reinforces the substantial impact that the pandemic has had on housing preferences, and shifting market dynamics.&nbsp;

Brisbane was not the only city to ‘shift ranks’ in December, with the median dwelling value in Perth inching above the median Hobart dwelling value in the month

Brisbane's median dwelling price overtakes Melbourne after staggering price growth: CoreLogic

<a href="/developments/brisbane-qld">Brisbane</a> continues to outperform the eastern seaboard capitals in both its house and unit market.

Units rose 1.1 per cent again over December to be 12.2 per cent higher than they were at the start of 2023, data from CoreLogic found.

Urban.com.au data shows significant interest in Brisbane over 2023, spiking in months when a new project launched given the lack of new supply in the Queensland capital.

We've looked at the top five most popular Brisbane apartment developments that captured the attention of prospective buyers in Q4 2023.

<h2>Ruby Ruby</h2>

National apartment developer Kokoda Property launched its new apartment development, <a href="/new-apartments/ruby-ruby-milton-12-crombie-street-milton">Ruby Ruby</a> in <a href="/developments/milton-qld-4064">Milton</a>, toward the end of 2023.

The 21-level apartment development at 12-18 Crombie Street comprises 144 two and three-bedroom apartments, including several luxury penthouses.

The <a href="/new-apartments/ruby-ruby-milton-12-crombie-street-milton">Ruby Ruby Penthouse Collection</a> offers six sub-penthouses and two master penthouses ranging from 188 to 392 sqm, starting from $3.75 million.

[smartcode_project:default project_id=139032 project_image_fid=232277]

Kokoda strategically acquired the Crombie Street site just behind the Milton Train Station, a three-minute train ride to Roma Street Station. The train lines also reach as far as <a href="/developments/springfield-qld-4300">Springfield</a> and Ipswich to the south and the Redcliffe Peninsula to the north.

Milton is also quickly gaining attention for its quirky cafe and brewery scene, attracting young professionals.

Ruby Ruby amenities include a large rooftop infinity pool with a thoughtfully landscaped BBQ space and deck, floating daybeds and cabanas, a fire pit, elegant private dining and bar, a state-of-the-art private cinema lounge, billiards room, versatile meeting rooms, and a rejuvenating health and wellness space with a sauna, spa, plunge pool, yoga studio, and a fully equipped gym.

[smartcode_project:default project_id=139032 project_image_fid=232307]

The pet-friendly building also caters to furry friends with its onsite dog-washing facility.

Construction is slated to commence in early 2024, with a target completion date in late 2025.

&nbsp;

[smartcode_project:default project_id=139032 project_image_fid=232280]

"Brisbane is rapidly transforming into a new world city; its culture, business centre, technology, and lifestyle are evolving with over $40 billion of infrastructure investment planned, so naturally, there is a shift occurring with demand now skewed towards sophistication and luxury residential design," Kokoda Property Founder Mark Stevens says.

<h2>Murcia Residences</h2>

<a href="/new-apartments/murcia-residences-east-brisbane-9-overend-street-east-brisbane">Murcia Residences</a> has attracted attention due to its prime location, just 300 metres from the heart of the Olympics.

That's what prominent Woolloongabba developer <a href="/developers/sarazin">Sarazin</a> is offering with their latest project, Murcia Residences, a literal stone's throw from the hallowed turf of The Gabba.&nbsp;

The Overend Street project and its 187 apartment residents will benefit from the substantial investment in the Olympic precinct. Both government and private investors are injecting billions of dollars to establish a thriving 24/7 precinct that will endure long after the conclusion of the 2032 Olympic and Paralympic Games.

[smartcode_project:default project_id=135094 project_image_fid=214636]

Beyond the convenience of entertainment, nature is also at the forefront of the location. Opposite The Gabba, the Kangaroo Point Cliffs offer a river walk and cycle path alongside the Brisbane River. Exiting Murcia and heading east, within 500 metres, Woolloongabba Rotary Park and Norman Creek, surrounded by trees and greenery, await.

For families, Murcia is also strategically positioned near three major university campuses – UQ, QUT, and Griffith South Bank – and falls within the catchment for Brisbane’s first new inner-south high school in over 50 years.

While central to everything, Sarazin will also provide even closer amenities, with new cafes on the ground level of the building. The second level will house a resident gym and bike repair workshop.

[smartcode_project:default project_id=135094 project_image_fid=214684]

Topping Murcia Residences is an expansive, landscaped amenity space offering sweeping panoramic views across the city skyline. The focal point will be the infinity swimming pool, complemented by private poolside cabanas, sun loungers, a wellness area with cold and warm magnesium plunge pools, a sauna, steam room, and outdoor showers, as well as alfresco private dining and barbecue facilities.

Each apartment has been meticulously crafted to open onto a covered balcony from the open-plan living, kitchen, and dining area. Several apartments include multi-purpose rooms and study nooks, allowing future residents the flexibility to tailor their living space to their preferences.

<h2>The Allere Collection, West Village</h2>

<a href="/new-apartments/the-allere-collection-west-village-mollison-street-west-end">The Allere Collection</a>, featuring two side-by-side towers, Uno and Duno, will become the latest addition to the <a href="/developments/west-end-qld-4101">West End</a> master plan upon completion in late 2024. This marks a decade since <a href="/developers/sekisui-house-australia">Sekisui</a> initiated the award-winning redevelopment of the beloved Peters Ice Cream factory site.

Proving popular across diverse demographics, from first-home buyers and pet owners to young and established families, the Mollison Street project holds appeal due to its proximity to everything.

[smartcode_project:default project_id=114215 project_image_fid=204860]

Renowned architecture firm Rothelowman has designed Uno and Duo to soar 20 storeys above the West End precinct.

Residents of the Allere Collection will benefit from double the amenity, with shared access to both Uno and Duo rooftops.

The Uno tower will feature a pool, enclosed dining space, seating areas, a vegetable garden, a conservatory, and a 'Paw Pavilion' – an off-leash dog space on the rooftop. Meanwhile, the Duo Tower will boast a pool, heated spa, enclosed lounge room and dining space, outdoor barbecue facilities, and sun loungers.

[smartcode_project:default project_id=114215 project_image_fid=207148]

Sekisui is also gearing up to launch the final stage of West Village. This FJMT studio-designed 15-storey building will be their most owner-occupier focused, comprising around 70 three and four-bedroom apartments. It represents the last opportunity to buy into this thriving community.

West Village spans approximately 6,500 sqm of public spaces, including The Common, a 1,400 sqm landscaped green space along West End's Boundary Street.

<h2>Monarch Residences</h2>

<a href="/new-apartments/monarch-residences-toowong-600-coronation-drive-toowong">Monarch Residences</a>, the <a href="/developments/toowong-qld-4066">Toowong</a> development by <a href="/developers/consolidated-properties">Consolidated Properties</a> in collaboration with funding partner Qualitas, was the best selling apartment project in Brisbane in the July and September quarters, according to Urbis.

Upon completion, <a href="/new-apartments/monarch-residences-toowong-600-coronation-drive-toowong">Monarch Residences</a> will house 224 apartments and penthouse residences across two buildings on the 1.2-hectare riverfront 600 Coronation Drive site in Toowong.

Consolidated Properties Group Chairman and CEO Don O’Rorke attributed the success of the project to robust demand from buyers seeking larger riverfront apartments and the capability of <a href="/builders/hutchinson-builders">Hutchinson Builders</a>.

“Monarch Residences is one of Brisbane’s most sought-after addresses, with Urbis data showing this project has accounted for a third of all apartment sales in the city over the past six months,” he said.

[smartcode_project:default project_id=113455 project_image_fid=211498]

Sales have experienced a significant uptick leading to Christmas as individuals contemplate their property and lifestyle aspirations for the upcoming year. O’Rorke mentioned that River 2 now has fewer than ten residences remaining for sale, all featuring home-size three-bedroom floor plans, with prices starting from $1.875 million.

O'Rorke emphasised the project's uniqueness, attributing its success to its prime riverfront location surrounded by expansive public parkland and its exceptional offerings, designed by renowned architects Wardle and Cottee Parker.

Residents of Monarch Residences will enjoy a range of amenities, including a riverside pool, gym, sauna, and an expansive rooftop terrace with dining and entertainment areas.

The entire project is expected to be completed by the end of 2025.

<h2>Panorama</h2>

Completing the list is the completed Bowen Hills apartment development, <a href="/buildings/panorama-bowen-hills-37-mayne-road-bowen-hills">Panorama</a>, by national developer <a href="/developers/arden-group">Arden Group</a>.

The project's top four selling points are its affordability, location, architecture-designed interiors, and extensive amenities.

Panorama, consisting of 256 one and two-bedroom apartments spread over 25 levels, is competitively priced compared to similar apartment developments in Brisbane.

The development has reached its final release, providing buyers the last opportunity to secure their dream homes in this architecturally designed development.

Designed by Arqus Design, the apartments boast the finest quality and style, featuring spacious designs with expansive balconies, good natural light, and ventilation.

[smartcode_project:default project_id=7711 project_image_fid=196813]

On the ground level, Panorama offers residents convenient retail services in a boutique tree-lined laneway. The Panorama Retreat on level five features a lap pool with an adjoining plunge pool, a Zen garden, a landscaped north-facing ‘quiet zone,’ barbecue, an entertainment terrace, gym facilities, and a sauna.

Level 26 also boasts the Panorama Skydeck with private nooks, a cinema, a bar, and a kitchen.

Panorama provides an on-site property manager to ensure residents receive excellent service and support.

Situated just over two kilometres from the Brisbane CBD and less than a ten-minute walk to some of Brisbane’s best retail, commercial, and employment hot spots, Panorama is in a highly desirable location.

The 27-level building is 200 metres from Bowen Hills train station and is just a ten-minute ride to Brisbane airport.

Panorama presents an exceptional opportunity for those looking to invest or find their dream home in Brisbane, with its completed apartments ready for purchase. With a proven track record of 0 per cent vacancy rates, owners can expect immediate returns, with rental payments made every week.

Some of Brisbane's biggest developers, such as Sarazin and Sekisui House Australia, make the list

Brisbane’s top five most popular off the plan apartment developments on Urban in Q4 2023

Harry Triguboff's apartment giant Meriton has revealed the full plans for its debut apartment development in Brisbane.

Having bought the Gardens Apartments building at <a href="/new-apartments/204-alice-street-brisbane">204 Alice Street last year</a>, <a href="/developers/meriton">Meriton</a> has filed plans for two massive skyscrapers with 795 apartments designed by their go-to architect in Queensland DBI, who has designed Meriton's recent Gold Coast portfolio.

The $1.3 billion development on the 5,485 sqm site directly across the road from the City Botanic Gardens from the Alice Street frontage, will also include a childcare centre, retail and food and beverage spaces, and communal open space facilities like swimming pools, an outdoor gym and play space on the level five podium level, before it gives way to the main tower structure.

<img alt="Alice St Brisbane" data-entity-type="file" data-entity-uuid="724f2714-7819-4b3f-bc80-6358ab5cb9fb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-10%20at%208.48.32%20am.png?VersionId=YmnsitwRbYgiW33GJ4xxve8r4_D6C8Yh" />

The majority of apartments are two-beds (521), while every one-bedroom apartment (208) has a study. There's 156 three-bedroom apartments and 32 four-bedders.

There's 913 parking spaces across the five basement levels and four podium levels.

DBI said in their Urban Design Context Report submitted to the <a href="/new-apartments/brisbane-qld">Brisbane</a> City Council that the&nbsp;two-tower development takes cues from the surrounding context including the city’s urban fabric as well as the Botanic Gardens and seeks to compliment the adjacent heritage and place character.

"The development is set to become a landmark Brisbane destination and provides a visable presence on the skyline of the city.

"The tower plates have been carefully shaped to maximise the amenity of future residents and visitors and provide generous balconies offering access to Brisbane’s outdoor lifestyle. The towers are strategically located to minimise overshadowing and over-dominating the Botanic Gardens. The sculpted subtropical podium conceals a multilevel carpark, sleeved by activated uses and features a double-height lobby framed by the backdrop of the Botanic Gardens."

<img alt="Meriton" data-entity-type="file" data-entity-uuid="2d36ce6c-c90d-4b09-95f9-8c1bb093a16b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-10%20at%208.48.04%20am_0.png?VersionId=vXDDD85FhAZcyacVbmE1uVKkJgmFdYN0" />

They said 204 Alice Street is at "the centre of a critical mass of new activity, urban living and commerce."

"The area around 204 Alice Street is positioned for further dynamic growth in the years to come with a proposed transformation of the Eagle Street Pier Precinct into a world class mixed-use riverside destination, Waterfront Brisbane," DBI said.

"Another large-scale development within Brisbane’s CBD is the Queen’s Wharf project, set to transform the river’s edge into a cultural and entertainment precinct by April 2024, placing Brisbane on the international stage."

Tower A, positioned on the Alice Street frontage of the site, is the taller tower at 79 levels The slender tower is broken down into three golden beaks which reduces the built form's scale from podium to rooftop.&nbsp;

"The tower design draws inspiration from the neighbouring Botanical Gardens with a finer grain branch like pattern that invites a sense of movement and physically draws the eye away from the centre of the built form emphasising the towers articulated footprint and corners," DBI say.

The neighbouring tower, Tower M, references the Margaret Street frontage of the large site.

The upcoming design phases will include a Public Art Strategy to identify strategically located and integrated works of art that enhance and activate the site.

"The precinct has been designed to create a symbiotic relationship between the architecture and landscape," DBI added.

"Brisbane’s sub-tropical environment is reflected in the dense planting of the podium, outdoor terraces, and elevated green spaces, creating an ideal refuge for residents and visitors. Lush vegetation, natural stone and textured materials provide a sense of calm and tranquility that transitions the site towards the City Botanic Gardens."

<img alt="Meriton" data-entity-type="file" data-entity-uuid="3ce546c9-b9c1-4a0a-9cb9-2e0e30b1b7f7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-10%20at%208.48.12%20am.png?VersionId=sU7NsvGPPCWz0V2CYLMyz4oO5HXMkUlm" />

Town Planning Report by Urban Planning Services said&nbsp;the proposed development will reinvigorate the subject site and its setting within the City Centre, delivering high-quality apartments in a well serviced centre of the City promising to improve the choice and availability of housing to meet the substantial demand presently being experienced in South-east Queensland.

The proposed redevelopment, providing new residential living opportunities in a location where residents will benefit from ease of access to all of the shops, services and attractions of the Brisbane CBD, including high frequency public transport services, and the greenspace and recreational opportunities afforded by the proximity to the City Botanical Gardens and river corridor, represents a logical and responsible approach to its renewal.

Overall, the proposed development will deliver a substantial investment in the rejuvenation of this centrally located site, securing efficient use of the site to provide much needed new housing opportunities, together with tourist accommodation and active commercial frontages, including a much sought pedestrian laneway through the site. The proposals will contribute positively to the economy and vitality of the City Centre.

In September&nbsp;<a href="/developers/meriton" target="">Meriton</a>&nbsp;was recognised as the busiest builder in Queensland for 2022-23, despite challenges in the construction sector.

The company has also been named Australia's top apartment builder in the HIA COLORBOND® Steel Housing Top 100 Report and has a 4.5 Gold Star iCIRT rating.

First look: Meriton's full plans for first Brisbane apartment development revealed

Veteran Brisbane developer <a href="/developers/stockwell">Stockwell</a> is continuing to expand its Fish Lane residential portfolio.

Their latest step in development surrounding the sought-after pocket toward the northern end of South Brisbane is a 30-level tower at <a href="/new-apartments/175-melbourne-street-south-brisbane">175 Melbourne Street</a>, South Brisbane, a 1,40 sqm site on the corner of Melbourne Street and Edmondstone Street. The site is next door to The Standard by ARIA Property Group, the developer of Fish Lane's buzzing retail and dining strip.

Stockwell, the family-run developer who has been developing in Brisbane since the early 1950s, is producing a heavily-targeted owner-occupier tower, with the majority of the 130 apartments four and five-bed. They're proposing just 27 two-beds and 25 three-beds, some 52 four-bedroom apartments, and 26 five-bedroom apartments.

The apartments will sit above a three-level parking podium and a ground level commercial tenancy, while resident amenity is provided in the form of a rooftop garden with a 17-metre swimming pool and spa, a function room with an outdoor terrace, a gym, yoga lawn and dog park. There will be 240 parking spaces and 164 bicycle spaces.

Stockwell will be delivering the project in two stages, the first being the basement, podium, and tower up to level 20, and the second stages level 21 to 30.

<img alt="Stockwell" data-entity-type="file" data-entity-uuid="d6ca72ac-bdeb-4565-8310-517046e43164" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-05%20at%201.56.55%20pm.png?VersionId=rZ06E5KS5q41KGsSWy744by6KlYWmKf8" />

Architecture firm MODE said in their design statement that the&nbsp;design has been developed to provide a high-quality building with extensive landscaping and materiality to further enhance Melbourne Street as a sub-tropical boulevard.

"The front edge of the building is landscaped with large deep planters to soften this edge and contribute to the sub-tropical nature of Melbourne Street," the report read.

They said the design of the streetscape has many opportunities for the display of public art.

"The lobby and tenancy raised to the required flood level, gives the opportunity to introduce a prominent grand entry staircase and ramp integrated with extensive landscaping. Large glazed facades are featured on the entry lobby and tenancy to facilitate street activation and casual surveillance."

Mode said the&nbsp;existing seats, artwork and planting on Melbourne Street will be retained and create a dialogue with the new entry steps.

The podium façade is clad in a brick skin and brick fins in reference to the local context and identity of South Brisbane, a material&nbsp;featured along Melbourne St and Fish Ln on both historic and new buildings including Stockwell's under construction apartment developments Croft on Fish Lane and Cremorne on Fish Lane.

<img alt="Stockwell" data-entity-type="file" data-entity-uuid="3acab36d-6b9b-4d18-b8e5-a5d487b4a810" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-05%20at%202.02.46%20pm.png?VersionId=1YrEmL.LJXruJsK.Tt01PJupuKQnaDmF" />

Stockwell, led by managing director Mark Stockwell, has a number of projects in development across Brisbane.

Their most impressive is Stones Corner Village, where they're intending to redevelop their current retail and dining precinct just off Hanlon Park.

They've proposed a new mixed-used precinct at 405 Logan Road, which will incorporate 209 apartments across two towers, dubbed Logan and Cleveland, which will sit above 3,000 sqm of retail.

Read more:&nbsp;<a href="/news/qld/first-look-stockwell-plot-stones-corner-village-redevelopment">First look: Stockwell plot Stones Corner Village redevelopment</a>

Stockwell has owned the 5,709 sqm site since 2006, which currently homes 20 retailers and is anchored by an Aldi. Over 500 new car parking spaces will be provided, and 252 bicycle spaces.

Stockwell also has a&nbsp;build to rent project in West End at 399 Montague Road, a few doors down from <a href="/news/qld/first-look-mcnab-file-for-montague-street-west-end-apartment-development">McNab''s recently filed plans for the redevelopment of the former Dixon's Tannery</a>.

Stockwell, led by managing director Mark Stockwell, has a number of projects in development across Brisbane

First look: Stockwell to pad out Fish Lane precinct with more apartments

The final apartments have been offered to the market in Brisbane's priciest apartment development, <a href="/buildings/443-queen-street-brisbane-443-queen-street-brisbane">443 Queen Street</a>.

Hutchies is putting the final touches to the 47-level tower having <a href="/news/qld/hutchinsons-take-over-probuild-construction-of-cbus-propertys-brisbane-apartment-tower-443-queen-st">taken over the build from Probuild in mid-2022</a>.

Aptly named <a href="/buildings/443-queen-street-brisbane-443-queen-street-brisbane">443 Queen Street</a> after its prime location adjacent to the heritage-listed Customs House, the project by prominent developer CBUS has been a huge success as far as sales are concerned since initially launching back in 2017.

[smartcode_project:default project_id=6226 project_image_fid=37149]

Now the final opportunity to buy in the building has presented itself, with just a handful of apartments recently hitting the market.

The one-bedroom apartments start from $950,000 and top $1.5 million for the 81 sqm configuration. The two-bedrooms are priced from $2.3 million and span just over 100 sqm and have a car space, while the four-bedroom units have over 200 sqm of space and start from $5 million.

Prices at <a href="/buildings/443-queen-street-brisbane-443-queen-street-brisbane">443 Queen</a> had initially started from under $500,000, with the four-bedroom apartments selling at $2 million.

[smartcode_project:default project_id=6226 project_image_fid=37148]

443 Queen Street was designed by globally renowned architectural firms WOHA and Architectus to harmonise with Brisbane's subtropical climate. They say the building is a living, breathing entity, ensuring a constant flow of natural and fresh air.

“We believe in innovative, sustainable architecture based on a clear humanist social agenda," WOHA's Richard Hassell said.

"People do not want to live in stacked, sealed boxes."

The emphasis on sustainable and energy-efficient design sets <a href="/buildings/443-queen-street-brisbane-443-queen-street-brisbane">443 Queen Street</a> apart as a world-class development. Lush gardens integrated throughout the building enhance aesthetic appeal and contribute to reducing energy consumption.

<a href="/buildings/443-queen-street-brisbane-443-queen-street-brisbane">443 Queen Street's</a> appeal is further elevated by a dedicated full-floor recreation deck on level seven which comprises a 25-metre riverside infinity pool with cabana lounges, a gym, yoga terrace, and a dining room with terrace.

[smartcode_project:default project_id=6226 project_image_fid=37091]

<a href="/buildings/443-queen-street-brisbane-443-queen-street-brisbane">443 Queen Street</a> also includes a boardwalk-level restaurant, providing a dining experience complementing its location on one of Brisbane’s last remaining riverfront sites.

Strategically located between Queen Street and the <a href="/new-apartments/brisbane-qld">Brisbane</a> River, 443 Queen neighbours a small park and sits within close proximity to the CBD's best cafes, restaurants, and retailers.

Prices at 443 Queen had initially started from under $500,000, with the four-bedroom apartments selling at $2 million.



Last knockings for Brisbane's priciest apartments as prices at 443 Queen Street double since launch

Local Brisbane developer Silverstone Developments has filed plans for a shoptop apartment development in <a href="/new-apartments/ascot-qld-4007">Ascot</a>.

The plans for The Windermere, designed by PDT Architects at&nbsp;<a href="/new-apartments/the-windermere-ascot-77-racecourse-road-ascot">77 Racecourse Road</a>, a few streets back from Kingsford Smith Drive and Bretts Wharf Ferry Terminal, are for 30 apartments above seven retail tenancies.

The building will be crowned with a rooftop lawn, infinity edge swimming pool and spa, communal function room, a gym with a sauna, and a number of seating areas and barbecue spaces.

<img alt="Racecourse" data-entity-type="file" data-entity-uuid="ad404215-8cc6-4718-8e6d-640172b64aa3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-03%20at%209.44.40%20am.png?VersionId=H2Akhmysscw5HUSbkKTeFSaHCmvyXVRx" />

PDT Architects said in their proposal that the aim of the design was to reflect the traditional and green nature of the suburb, which has been retained due to the nearby Eagle Farm Racecourse.

"[The] Eagle Farm Racecourse in 1863 drove a lot of further development and attention in the area over time, leading to increased stables within the suburb and thus larger properties remaining in the area over time. This provided the foundations for a traditional and green nature in the suburb.

"The development strives to pay homage to this character through a raw material palette with extensive landscaping to act as a ‘feature’ piece."

<img alt="77 Eagle Farm" data-entity-type="file" data-entity-uuid="3c24bf68-1342-49c0-92e6-def6c881f076" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-03%20at%209.44.04%20am.png?VersionId=mMYOYV0Q6Q3hOyIOeRbvlw3dNKJk6JRq" />

They said while the proposal drives to activate further Racecourse Road by harnessing pedestrian human scale at entries, heavily landscaped building mass with simplistic but intentional materiality.

"The rigid form promotes the eye to focus on the draping greenery and regular pattern forms through detailed balustrade treatments. The colour scheme aims to embrace natural colours whilst contrasting bold black trim and dark treatments to the light wells &amp; plant screening.

"The architectural approach is holistic, to provide a mass that utilises simple raw materials that allows prominent and extensive landscaping to become the feature of the site, this pays respect to the green and traditional character of Ascot whilst providing a striking and modern design presence to the street. It provides new high quality spaces for retail users and a striking destination to call home for residential users that situates itself well into the street and suburbs identity."

<img alt="77 Racecourse" data-entity-type="file" data-entity-uuid="39fff363-db7e-4086-a36c-469aa3929921" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-03%20at%209.44.14%20am.png?VersionId=.R9Rms2x6aKq5LP9EPu3Gvo.TTLZFdFP" />

PDT added that while the 3,162 sqm site is in close proximity to the city it still maintains a strong suburban and homely character.

Silverstone is seeking to target the owner-occupier with the large apartments. There are just three two-bedroom units and 27 three-bedroom apartments. Each apartment features its own balcony, with an average balcony size just under 40 sqm.

Urban Strategies noted in their Town Planning Report that the proposal is considered to be in line with the zoning of the site and the relevant outcomes sought under the Racecourse Precinct Neighbourhood Plan.

"The proposed development is anticipated to provide uses which will service the immediate local catchment and activate the street," the report read.

"The proposal is of a high quality design and revitalises an underutilised site. The proposal is designed to remain of a human scale and to reinforce the precinct’s identity and sense of place."

&nbsp;

The Racecourse Road site currently comprises a commercial building with a grocery and convenience store, pharmacist, and liquor store, while the eastern part of the site is currently an open air car park.

It's a return to residential for Silverstone, who also work in the commercial space. They have recently completed the Spring Hill Day Hospital among a number of other commercial projects. They were prominent in the residential development space back in 2015 and 2016, completing a number of projects in Kangaroo Point, Bulimba and Milton.

&nbsp;

Silverstone file shoptop apartment plans for The Windermere Ascot

Playing a key role in meeting the residential demand in Australia’s Sunshine State, Rothelowman made a significant contributed to Gold Coast and Brisbane in 2023, with one project reaching completion and many more being submitted for development approval and breaking ground.

As experts in living, Rothelowman’s growing portfolio of premium residential projects in Queensland across both build-to-sell and build-to-rent typologies, brings a new standard of liveability and connectivity to the 
rapidly evolving cities.

We've wrapped up Rothelowman's top five Queensland apartment developments in 2023.

<h3>Project: Trellis 
Address: 20 Edmondstone Street, South Brisbane QLD 4101</h3>

Opening its doors to residents in 2023, Trellis by Aria sold all 110 two- and three-bedroom apartments well before the tower reached completion.

Awarded the title of Aria's most liveable and sustainable project to date, each dwelling features soaring three-metre-high ceilings, generously proportioned floor plans, unrivalled amenity and a rooftop where the 25-metre infinity pool and hot and cold magnesium baths reside.

[smartcode_project:default project_id=108278 project_image_fid=173616]

Queenslander-style balconies wrap around each apartment for natural airflow and ventilation, accentuated by generously proportioned floor plans, three-metre high ceilings, and timber flooring. Cross-flow ventilation corridors, operable architectural screen doors and double-glazed glass reduce reliance on ducted air-conditioning.

The $60 million project, which also features a private wine bar and lounge, a resident wine cellar, and a boardroom and podcast room, sits on&nbsp;Edmondstone Street, located adjacent to Musgrave Park, one of Brisbane’s oldest and most iconic parklands.

Read more:&nbsp;<a href="/news/qld/aria-complete-trellis-sustainable-south-brisbane-apartment-development">ARIA complete Trellis, sustainable South Brisbane apartment development</a>

<h3>Project: Sea Glass 
Address: 2 First Avenue, Broadbeach QLD 4218</h3>

The ultimate beachfront oasis, <a href="/new-apartments/sea-glass-2-first-avenue-broadbeach">Sea Glass</a> by DVB Projects will seamlessly emerge from the Broadbeach coastline.

Having received development approval in 2023, <a href="/new-apartments/sea-glass-2-first-avenue-broadbeach">Sea Glass</a> will deliver 35 apartments, including 26 half-floor residences, eight full-floor residences and one penthouse occupying three floors.

<img alt="Sea Glass" data-entity-type="file" data-entity-uuid="8bed0e3e-94b6-4edf-b3d4-fe64666de9f1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-21%20at%2010.36.18%20am_0.png?VersionId=KY6aXPDDo7uM84VrJh93zYaIPCYaBV6k" />

Responding to the needs and lifestyles of the traditional Queenslander, the surf craft room allows residents to rinse and store their boards after a morning spent in the surf.

Construction is expected to commence in 2024.

Read more:&nbsp;<a href="/news/qld/dvb-projects-win-approval-for-sea-glass-broadbeach-apartment-development">DVB Projects win approval for Sea Glass, Broadbeach apartment development</a>

<h3>Project: Casamia 
Address: 105-107 Jane Street, West End QLD 4101</h3>

Situated in the heart of Brisbane's West End, Casamia by Aria is a boutique collection of 44 two-, three- and four-bedroom homes. The Spanish-inspired tower uses natural materials, organic patterns and curved shapes unlike anything else seen in Brisbane's skyline.

Overlooking Davies Park and the Brisbane River, residents of Casamia will have access to amenities such as a private dining room and lounge area, rooftop infinity pool and magnesium baths.

More than 80 per cent of dwellings at Casamia have sold. Casamia is expected to reach completion in 2026.

Read more: <a href="/news/qld/aria-launch-casamia-west-end-apartment-development">Aria launch Casamia, West End apartment development</a>

<h3>Project: Ann Street 
Address: 801 Ann Street, Fortitude Valley QLD 4006</h3>

EG Funds recently submitted a development application for two Rothelowman-designed towers on Ann Street in Fortitude Valley - a 326- apartment build-to-rent tower and a 225-apartment build-to-sell tower.

<img alt="EG Funds" data-entity-type="file" data-entity-uuid="e2aac018-a25a-4949-8655-0d520b30033b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-21%20at%2010.28.01%20am.png?VersionId=XhS.d.QW8aitD4Sb5u1aiWPMBmA.G_h_" />

&nbsp;801 Ann will create a vertical neighbourhood centred on community and well-being whilst delivering much-needed housing to the growing city of Brisbane.

A network of landscaped communal spaces connects the two towers, tying them together using a lattice of sub-tropical plantings.

Read more:&nbsp;<a href="/news/qld/eg-funds-to-plug-brisbane-housing-supply-hole-with-build-to-rent-and-build-to-sell-plan-apartment-towers-in-fortitude-valley">EG Funds to plug Brisbane housing supply hole with build to rent and build to sell plan apartment towers in Fortitude Valley</a>

<h3>Project:&nbsp; The Allere Collection 
Address: Mollison Street, West End QLD 4101</h3>

Rothelowman designed Sekisui House Australia's The Allere Collection in the multi-award winning masterplan West Village. The Allere Collection was <a href="/news/qld/brisbane-s-top-five-most-popular-off-the-plan-apartment-developments-on-urban-in-2023">Urban.com.au's most popular apartment development in Queensland in 2023</a>.

[smartcode_project:default project_id=114215 project_image_fid=204857]

Comprising two vertical communities, Uno and Duo, the 203-apartment The Allere Collection was released to the market off the back of the group's previously sold-out building in the precinct, Altura.&nbsp;

Fronting Mollison Street,&nbsp;Uno will comprise 94 residences and two levels of commercial space, and Duo, set above the West Village retail precinct, homing 109 apartments to a design which&nbsp;<a href="/architects/rothelowman" target="_blank">Rothelowman</a>&nbsp;describes as "a bold and classic take on the quintessential Queenslander."

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