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

Joel Robinson

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

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

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

Around 400 additional homes could be built at Southwark Grounds on Port Road, lifting total site capacity from 1300 to around 1700 dwellings.

A recently approved code amendment would allow apartment towers of up to 14 storeys in some areas of Renewal SA’s redevelopment of the former West End Brewery.

Renewal SA Acting Chief Executive Shane Wingard said he welcomed the code amendment, with the increase in heights and homes making a positive impact on the supply of high-quality, well-connected housing close to the city.

“By going higher across some parts of Southwark Grounds, we are adding a substantial number of very well-located homes with little impact on project delivery time or planned open space,” Mr Wingard said.

Since the project officially launched in 2025, Mr Wingard said more than 12,000 enquiries had been received about living at Southwark Grounds.

“The very strong early interest we’ve seen since homes were first released in the precinct reinforces our plans to create more housing opportunities,” he said.

The Southwark Grounds code amendment was launched in December last year, with community engagement undertaken over five weeks from January.

It proposed increasing maximum building heights from eight to 14 storeys on the eastern section of Southwark Grounds, and to 12 storeys across the remainder of the site, with minimum building heights ranging from two to four storeys.

The code amendment was implemented through an Early Commencement policy in late January, allowing developers to quickly explore the viability of increased height and housing yield while other planning processes continue.

One of the first developers delivering apartment sites have already finalised redesigns to increase the number of apartments following the code amendment.

Samaras’ development adjacent to the future Colonel Light Park is now planning to deliver 125 apartments across 11 storeys, significantly greater than original plans of around 50 apartments across four storeys.

The developer is also exploring the potential for additional affordable housing outcomes.

Most of the apartments at Southwark Grounds will be delivered within a master-planned precinct on a large parcel of land on the eastern portion of the site, covering around two-thirds of its 8.4 hectares.

Wingard said detailed precinct planning over the coming months may identify further opportunities to increase yield further that could see total apartment numbers at Southwark Grounds, exceed this number.

Affordable homes at Southwark Grounds will also see a net increase, with Renewal SA maintaining its commitment to a minimum of 20 per cent affordable housing across the development.

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Civil works have begun across the site, with construction under way on the first new roads surrounding a townhouse precinct in the south‑west corner of Southwark Grounds. This includes Renewal SA’s 17 Founder’s Row homes, which are on track for completion by Christmas.

“We expect to have people living at Southwark Grounds by the end of the year, so delivering roads and public spaces for those residents is among our highest priorities.”

Construction of 40 townhouses off Anderson Street, known as West Village and being delivered by Contour, is forecast to begin in mid‑2026. Kolabb’s Anderson Lane development will follow shortly after, delivering a further 26 townhouses.

Southwark Grounds is a state government‑led urban renewal project now set to deliver around 1,700 homes over the next decade.

Homes will be supported by a supermarket, a range of retail and hospitality offerings anchored by a revitalised Walkerville Brew Tower, a childcare centre, car parking and well‑connected public spaces.

400 new homes planned for Adelaide's former West End Brewery site

Brisbane developer&nbsp;<a href="https://www.apartments.com.au/developers/cavcorp">Cavcorp</a> has lodged plans for a new mixed-use residential development at <a href="https://www.apartments.com.au/new-apartments/55-wyandra-street-teneriffe-qld-4005">55 Wyandra Street</a>, Teneriffe, anchored by an 85-metre public laneway designed to reconnect the suburb’s riverfront with the Gasworks precinct.

The buildings, known as Teneriffe House and Teneriffe Lane, would replace the existing Queensland Cotton head office site with a 15-storey residential tower transitioning to eight storeys toward Helen Street. The project has been designed by Plazibat Architects and lodged as a code assessable development application for 93 apartments across a 3,401 sqm mixed-use site within the Newstead and Teneriffe Waterfront neighbourhood plan.

Central to the scheme is the transformation of an existing service easement into a publicly accessible cross-block connection linking Wyandra and Helen Streets. Cavcorp says the new laneway will act as both a pedestrian shortcut and a landscaped civic space between the Teneriffe Riverwalk, ferry terminal, and Gasworks precinct.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="26e7f058-b065-4de8-b13d-a2b8cb64dfcc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bldg.png?VersionId=sELS0ZKYi361oYipUa1BIKfe_.DLZoFV" />

“The revised proposal delivers a legacy public-realm cross-block link, permanently secured for community use, transforming an existing private easement into a safe, high-quality pedestrian connection between the Teneriffe heritage riverwalk and the Gasworks–Long Island precinct,” the planning report states.

The laneway will sit beneath a large subtropical loggia integrated into the podium levels of the development. The design incorporates deep landscaping, water gardens, lobby spaces, business lounges, and ground-floor apartments to create what Cavcorp describes as a climate-responsive “urban verandah.”

The tower itself has been designed as a slender form with recessed floorplates and curved translucent corners inspired by contemporary Japanese architecture. The building height aligns with the Commercial Road precinct controls, which permit towers up to 15 storeys within proximity to Longland Street.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="a8a17d40-43b6-4718-b3fd-67676fcbb485" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers%202_1.png?VersionId=i3VwDtp5AmL_8InW7w4qRbDFEpb744Jt" />

The project will comprise a mix of larger-format apartments aimed at owner-occupiers, downsizers, and families. The proposed apartment mix includes 11 loggia apartments across the lower levels, 50 four-bedroom Sky-Terrace apartments from levels three to seven, and 32 Sky-Pool Homes occupying the upper tower levels. The Sky-Pool Homes will feature private thermal plunge pools integrated into oversized balconies.

According to the application, the apartments are intended to reinterpret the scale and character of Teneriffe’s woolstore conversions and Queensland homes within a vertical residential format.

“The sky-pool homes build on Cavcorp’s previous projects and introduce a distinct apartment typology to Teneriffe, informed by both local and international precedent and responding to an identified market demand for enhanced safety, space and amenity,” the planning submission notes.

A major focus of the proposal is its five-level wellness and lifestyle offering, extending from the basement through to the rooftop.

Amenities proposed include a rooftop Swim &amp; Racquet Club with a 25-metre Olympic lap pool and tennis court, coworking spaces and libraries, golf simulators, wine storage, concierge facilities, business lounges, pet wash areas, and rooftop longevity-focused wellness spaces with spas, outdoor fitness zones, and landscaped terraces.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="944b352c-49b9-4247-a4c6-5967b4b69fda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenity.png?VersionId=Ed_qKjAtMwFT.5gfl3jiA9QwdWxSMsaX" />

All parking will be concealed within basement levels accessed from Wyandra and Helen Streets. Cavcorp says the deep-basement engineering approach allows the entire ground plane to prioritise landscaping, pedestrian movement, and active frontage rather than vehicle infrastructure.

The development continues Cavcorp’s concentration in Newstead and Teneriffe, where the Brisbane developer has delivered a number of apartment projects including Lucent, Le Bain, and Luminare, as well as the Long Island Wellness Precinct nearby. Several of those projects have received national design and architecture awards, including recognition under Brisbane’s “Buildings that Breathe” program.

Cavcorp unveils wellness-focused Teneriffe House and Teneriffe Lane apartment buildings

Focus Group Investments has lodged plans for a new apartment development at <a href="https://www.apartments.com.au/new-apartments/64-70-hanover-street-fitzroy-vic-3065">64–70 Hanover Street</a> in Fitzroy, seeking to utilise the Victorian Government’s recently introduced Great Design Fast Track pathway to accelerate approvals for the project.

The proposal is among the latest developments to emerge through the state-led initiative, which was established to fast-track well-designed residential projects in activity centres and transport-connected inner-city locations. The pathway allows qualifying developments that meet elevated design and housing benchmarks to bypass traditional council planning timeframes and instead be assessed directly by the Department of Transport and Planning.

Designed by SJB, the development will comprise a mix of apartments above activated lower levels, with a strong focus on architectural articulation, landscaping, and communal amenity. The design response seeks to balance the industrial character of Richmond’s former warehouse precincts with a more contemporary residential form.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="abea51cc-d85b-479e-9aef-a589f3b37ca7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ground.png?VersionId=e1Kf8EyPWwyiVumtqQ4rM5S4GpOR3CCz" />

Proposed are 63 new dwellings, a wide ranging mix of studio, one-, two-, and three-bedroom apartments, and townhouses and duplexes. They will be spread across a part-three, part-eight storey building.

The Planning and Urban Context Report by Tract says the development is of an "exemplary architectural standard" and has been carefully crafted by SJB Architects.

"Dwellings&nbsp;will benefit from excellent access to natural light, cross-ventilation opportunities and extensive communal space," the report noted.

The architectural material highlights the project’s integration of landscaped elements and communal spaces throughout the building. The proposal also incorporates sustainability initiatives aligned with the Victorian Government’s push for higher-performing apartment developments under the fast-track program.

The Great Design Fast Track was unveiled by the Victorian Government in 2024 as part of a broader housing supply strategy aimed at accelerating the delivery of new homes. Projects assessed through the pathway must demonstrate high-quality architecture, sustainability outcomes, and housing diversity while being located close to public transport and existing infrastructure.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="afdbe834-8dc4-4a77-a943-ba07bc927348" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_11.png?VersionId=0J657j.TaChAZfp93wqJYBTqSsnREJx2" />

Focus Group, founder and led by Paul De Lutiis, is increasingly active across Melbourne’s inner suburbs, targeting well-connected urban renewal locations suited to medium and higher-density residential development. The Fitzroy proposal continues that strategy, leveraging the area’s strong transport links, established retail amenity, and proximity to the CBD.

Fitzroy has been one of the most popular spots for developers and buyers in recent years. The likes of PACE Development Group, SMA Projects, Crema Group and Chapter Group, currently selling projects in the suburb.

First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Fitzroy apartments

Brisbane off the plan apartments

Brisbane developer builder,&nbsp;SAVVE Developments &amp; Construction, have ticked off a major milestone at their new Indooroopilly apartment project, The Audrey.

The Audrey, currently under construction on the tree-lined Clarence Road, has been met with keen buyer interest, with over 55 per cent of the 30 apartments already accounted for.

SAVVE Director,&nbsp;Sandro Alberti, told us their research showed that most buyers would be locals, within an eight kilometre radius, which has, so far, been the case.

"Being the builder and developer meant we were able to fully customise, not only the fit out of each apartment but also able to amalgamate two floor plans together to purposely design larger apartments, satisfying our client's desired outcomes," Alberti said.&nbsp;

[smartcode_project:default project_id=94824 project_image_fid=209991]

Designed with owner-occupiers in mind, the development offers a range of amenities that cater to both social and recreational pleasures, with the crowning rooftop terrace a highlight of the project. The space features a swimming pool, along with a number of sun lounges and cabanas, in addition to separate dining areas and barbecue facilities and a fire pit.&nbsp;

There's just 30 apartments set to be constructed within The Audrey, following a number of buyers amalgamating apartments. There's a strong mix of two, three and four-bedroom floorplans on offer in the Prospect Architecture-designed building.

"Of those buyers that decided to opt for larger residences, we have worked together with our architects and them to design magnificent four or five-bedroom apartments that cater for their customised interior preferences," Alberti added.

"With the addition of these unique larger residences within our boutique complex, we've reduced the number of apartments from 35 to now just 30".

The generously sized residences feature herringbone timber floors, which lead out to balconies that have been designed to encompass far reaching views of the surrounding area.&nbsp;

Each apartments is equipped with a laundry, along with an ensuite, media room, butler's pantry and expansive storage.&nbsp;

[smartcode_project:default project_id=94824 project_image_fid=209992]

The ground floor of the building will feature an elegant foyer lobby, setting a welcoming tone for residents and guests alike, along with a residents' library and a dedicated dog grooming and spa area.

Commercial tenancies will also take up shop across the ground floor of the site, with the two-storey addition set to include space for offices and food and beverage retailers.&nbsp;

The location of The Audrey puts residents in prime position to take in the best the riverside suburb has to offer, situated just moments away from an array of cafes, restaurants, world-class shopping, and golf courses. Residents will be within proximity to the Brisbane River's new boardwalk and Indooroopilly Shopping Centre, while also being nearby to the train station, which provides easy connection to the CBD which is located just seven kilometres away.&nbsp;

[smartcode_project_cta:default project_id=94824]

SAVVE Director, Sandro Alberti, told us their research showed that most buyers would be locals, within an eight kilometre radius, which has, so far, been the case

alisonwarters@gmail.com

Locals drive Indooroopilly's The Audrey apartments to 55% sold

Having acquired a prime Kangaroo Point riverfront site earlier this year, Sydney and Melbourne developer Fortis has submitted plans for a luxury 14-level tower with full-floor apartments.

Plus Architecture have designed the new tower, dubbed O'connell, on a prime 1,196 sqm riverfront site at 44 O'Connell Street which was bought from architect-turned developer Joe Adsett.

[smartcode_project:default project_id=109322 project_image_fid=233859]

The new plans will feature 14 full floor apartments, spanning 260 sqm of internal space and a 40 sqm, river-facing balcony which will capture east-to-west views&nbsp; from Bulimba to the Story Bridge and Brisbane City.&nbsp;

<img alt="O'Connell" data-entity-type="file" data-entity-uuid="88e04a1b-4fba-4f88-9d08-e34cc9557ad7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-31%20at%205.18.38%20pm.png?VersionId=cAgCbZj3g2sYrg32QcjOSX8PGniT0uIG" />

The only exception is the penthouse, which has the same floorplan internally as the other apartments, but it has a private rooftop terrace with a swimming pool.

Each apartment will have three bedrooms and a multi-purpose space.

The resident amenity is on the ground floor, which will include a gym with a sauna, a riverfront pool, and a grassed lawn, all oriented toward the river where there will be a pontoon with private mooring.

Plus Architecture broke the design concept down into four sections; the cliff top, the cliff, the riverbank, and the river.

<img alt="Fortis Kangaroo Point" data-entity-type="file" data-entity-uuid="51510852-aec5-4b41-83a9-4730d01c5d7b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Kangaroo%20Point.jpg?VersionId=N7Zt3iLpeRnJGh.Hj3b9EZtDeDpZzGPj" />

They said their design prioritises capturing breathtaking views through thoughtful building orientation.

Given the site setback from the street and the street frontage being blocked by the development to the west, we have focused on treating the river as the main public frontage," Plus Architecture's Director Danny Juric said.

"The design incorporates panoramic views of the scenic New Farm area and the serene Brisbane River, fostering a strong connection to nature.

"The living area and master bedroom will be gain glimpses of the the iconic Story Bridge over the river. Views of the vibrant cityscape to the west create a dynamic and engaging backdrop."

Brisbane's subtropical climate was also taken into consideration during the design process, as Plus sought to target solar heat control and cross ventilation.

"The building itself is orientated in response to Brisbane’s climatic conditions," Juric said.

"As the apartments are full-floor, each unit is designed to embrace the elements and reduce reliance on artificial energy sources.

"The simple architectural form comprises of horizontal eaves to provide shading on the north, east and western facades, precast panels are introduced strategically to block unwanted sun, and vertical fins are proposed to provide shading and screening to apartment living areas."

<img alt="Fortis Kangaroo Point" data-entity-type="file" data-entity-uuid="e6105f61-8469-41a2-aef0-4fe335276c2b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-31%20at%201.38.05%20pm.png?VersionId=uXLQ2ztoWsrUsK0mohJVOOmYcOxivB1b" />

On securing both the Kangaroo Point site and a commercial site in Newstead, Fortis Director Charles Mellick said launching in Brisbane was natural progression for the company after their success in premium projects in Sydney and Melbourne. 
​ 
“Our project in&nbsp;Kangaroo&nbsp;Point is a rare offering, this being an absolute riverfront site with no public parklands or roads in front of it.

"The timing is right as we see record-breaking activity in the off the plan luxury market in Brisbane, alongside record prices being achieved in square metre rates.

The planning report by Ethos Urban said&nbsp;44 O’Connell Street offers sophisticated living close to the CBD.

"The tower’s strength in form and earthy tones replicate the terrestrial makeup of its context at Kangaroo Point; and emphasize the historical significance of the area."

[smartcode_project_cta:default project_id=109322]

Plus Architecture have designed the new tower on the 1,196 sqm site at 44 O'Connell Street, which was bought from architect-turned developer Joe Adsett

Exclusive first look: Fortis propose full floor apartments at first Brisbane apartment development

Following the success of their Albion apartment development Nouveau, developer Pyco Group has launched another unique project, this one in West End.

It's another boutique development offering size and space to its future residents. Pyco sees the units more like vertical townhouses.

There are 36 apartments on offer, each with two levels and three-bedrooms,&nbsp;blending heritage-inspired architecture with greenery and sophisticated interiors.

[smartcode_project:default project_id=105965 project_image_fid=211837]

Making the most of the sub-tropical nature of Brisbane, the apartments open plan layouts will seamlessly connect to large courtyards, balconies or rooftop terraces, designed to provide a connection to the outdoors, no matter where residents are in their apartments.&nbsp;

Designed by DAH Architecture, internally the apartments will boast a rich textural palette, with a mix of hand-picked natural stone and engineered timber joinery.&nbsp;

The apartments range from 143 sqm to 216 sqm, and are priced from $1,575,000.

Larger floorplans are also on offer, spanning between 218 sqm to 272 sqm, and they start at $2,195,000. These apartments include rooftop terraces and private pools, which take in panoramic views to the city skyline.&nbsp;

[smartcode_project:default project_id=105965 project_image_fid=211838]

Landscape architects, FORM have been brought into the project to carry the leafy-nature of West End into the development, with a leafy central atrium planned for the ground floor, which will not only provide a place for residents to gather and meet, but also support cross flow ventilation and the creation of a core lightwell.&nbsp;

Located on the corner of Besant Street and Vulture Street, Atelier offers proximity and connectivity only afforded to a West End address.

The apartments are in the heart of Brisbane's premier arts and entertainment district, with South Bank less than one kilometre away, while the food and drink precinct of Boundary Street is only moments from the steps of the site.&nbsp;

[smartcode_project:default project_id=105965 project_image_fid=211841]

The Vulture Street project will replace an ageing backpacker hostel.

West End has been undergoing a huge transformation for a number of years, with the 2032 Olympic Games expected to see the redevelopment of the South Brisbane suburb continue for years to come.

Sekisui House Australia are heading toward the business end of their $1.2 billion masterplan West Village which they started in 2014.

[smartcode_project_cta:default project_id=105965]

There are 36 apartments on offer, each with two levels and three-bedrooms, blending heritage-inspired architecture with greenery and sophisticated interiors

Pyco Group launch Atelier in West End

Gardner Vaughan Group's Estilo on the Park, in Brisbane's northern suburb of Chermside, will put residents on the fringe of 73 hectares of parklands when it's completed in mid-2024.

Two of the three towers are sold out an under construction, while the final stage of the project,&nbsp;Escencia, has a limited selection of its 50 apartments remaining.

Estilo on the Park is a rare offering in the fast-growing suburb, so close to nature set adjacent to Seventh Brigade Park while also opposite one of the largest Westfield shopping centres in the southern hemisphere.

[smartcode_project:default project_id=100682 project_image_fid=186904]

Gardner Vaughan Group have made the Kittyhawk Drive location their own, also selling out Estilo on Kittyhawk just a few doors down.

Stage one of Estilo on the Park, Lujosa, and stage two,&nbsp;Belleza, comprising 71 one and two-bedroom apartments, have already been sold, with the final and remaining stage three, Escencia, set to deliver 50 apartments, in addition to four commercial tenancies.&nbsp;

Positioned as the&nbsp;very last park side location in Chermside, Estilo on the Park offers&nbsp;a mix of floor plans over 11 levels, featuring one, two, three and four-bedroom apartments, catering to the downsizer, first home buyer, or the lifestyle upsizer market.

The amenities at Estilo on the Park are designed to provide comfort, convenience, and luxury to residents, with the development incorporating bike paths, walking trails, sporting venues, picnic areas, and one of Brisbane's best playgrounds, Kidspace, into the design.

[smartcode_project:default project_id=100682 project_image_fid=186914]

There is also undercover, secure car parking with CCTV surveillance and intercom for visitor access, providing safety and security to residents.

The apartments feature designer kitchens with European appliances and stone benchtops, zoned and ducted air conditioning, ceiling fans, floor-to-ceiling acoustic glazed windows and doors and bathrooms with imported luxury tiles and designer tapware.

Residents will have access to a rooftop terrace with indoor and outdoor dining, in addition to a number of relaxation zones, a central outdoor pool, and landscaped gardens.&nbsp;

[smartcode_project_cta:default project_id=100682]

Two of the three towers are sold out an under construction, while the final stage of the project, Escencia, has a limited selection of its 50 apartments remaining

Estilo on the Park to offer both nature and convenience in Brisbane's Chermside

Brisbane's riverside suburb of Milton is experiencing a renaissance of sorts, where the blending of its grassroots origins and mindful evolution has given birth to a vibrant community.

The thriving locale celebrates the creativity and diversity of its people while maintaining a close connection to downtown Brisbane, striking a balance between urban energy and the tranquility of the banks of the Brisbane River.

As Milton embraces its evolution, residents of 33 Manning are poised to reap the benefits of living in the thriving suburb. Nestled within the heart of Milton, this residential enclave offers a living experience that combines the charm of the area's grassroots origins with its mindful evolution.

[smartcode_project:default project_id=108736 project_image_fid=209695]

One of the greatest advantages of calling 33 Manning home is the hyper-connectivity it offers to downtown Brisbane. Situated just a stone's throw away from the CBD, residents can effortlessly access the city's amenities, employment opportunities, and cultural offerings.&nbsp;

Milton's renaissance has transformed it into a vibrant hub of creativity and innovation, and residents of 33 Manning have a front-row seat to the transformation.

The microbreweries, rum distilleries, and coffee bunkers that have become emblematic of the area's downtown vibe are just steps away, offering residents the opportunity to immerse themselves in a rich tapestry of flavours and experiences.&nbsp;

Beyond the culinary adventures, 33 Manning residents also have access to a wealth of cultural and recreational offerings. Milton's proximity to the Brisbane River invites residents to explore the scenic riverside parks and walking/cycling paths that wind their way along the water's edge. The iconic Suncorp Stadium, a world-class venue for sports and entertainment, is also just a short stroll away.

[smartcode_project:default project_id=108736 project_image_fid=209941]

Milton acts as a nexus, connecting to some of Brisbane's most well-established neighbourhoods, with 33 Manning residents in a poised position to experience it all.

To the west lies the tranquil locale of Paddington, known for its upscale boutiques, while a short drive northward brings residents to The Valley, a cosmopolitan district with a bohemian music scene and the&nbsp;sophisticated James Street precinct.

A leisurely stroll along the Brisbane River's banks leads you to South Bank, where museums, parklands, and the Queensland Conservatorium engage in a vibrant social and cultural dialogue, providing a gateway to artistic experiences and intellectual pursuits.

Crossing the river brings you to West End, a neighbourhood steeped in affluent heritage and home to a thriving Greek community, art galleries, and lush native spaces that serve as reminders of the vast tangled rainforest that once flourished here.

[smartcode_project_cta:default project_id=108736]

As Milton embraces its evolution, residents of 33 Manning are poised to reap the benefits of living in the thriving suburb

How 33 Manning embraces the renaissance of Brisbane's Milton

Luxury apartment developer GRAYA has hit another major milestone on-site at Canvas Bulimba.

A key feature of the project, the curved pre-cast concrete formwork, has been craned into place.

The curved forms give Canvas its very unique aesthetic, Graya says, softening the building's profile against the streetscape and adding some architectural flare to the suburb.

[smartcode_project:default project_id=112020 project_image_fid=198799]

Graya are forecasting completion for the end of 2023, with buyers moving in shortly after.

The development, designed by bureau^proberts, will set a new benchmark for luxury living in Brisbane's affluent river-side suburb Bulimba, which has never before seen a development with this level of architecture.

Canvas feature just 21 two, three and four-bedroom apartments, of which all but one are sold.

[smartcode_project:default project_id=112020 project_image_fid=198798]

In March, Graya set a new record for the highest price paid for a non-riverfront apartment in Bulimba.

The 185 sqm penthouse, which includes a rooftop terrace, sold for $3.5 million through project marketing agency MOTIV. It is one of three penthouses in the Love Street development and was acquired by a relative of a current Love Street resident as a secondary home in Brisbane.

Following this success, Graya released the final penthouse, which is expected to come close to topping the previous record.

[smartcode_project:default project_id=112020 project_image_fid=198801]

Carly Cottam, Founder and Chief Executive of MOTV Group, noted the strong demand from high-net-worth buyers in Brisbane's affluent inner suburbs.

"The lack of luxury properties available in the city has driven the interest."

"Graya's reputation for offering location, lifestyle, craftsmanship, and low-maintenance solutions has resonated with buyers."

The allure of Canvas extends beyond the elegant apartments themselves. Residents will have the pleasure of indulging in a range of luxurious amenities, further enhancing their living experience, including an expansive rooftop entertainment area which offers views of Newstead and the City.

The space will also include a designer pool, a heated spa, and a sauna, along with sunken lounges, barbecues, and dining areas.

Graya was founded by brothers Rob and Andrew Gray over a decade ago, who have in the last few years broadened their horizons from creating some of Brisbane's most expensive homes, and started developing boutique, multi-residential apartment projects.

[smartcode_project_cta:default project_id=112020]

A key feature of the project, the curved pre-cast concrete formwork, has been craned into place

GRAYA reach milestone at Canvas Bulimba, construction to complete end of 2023

As one of the tallest buildings in Stones Corner, Oakridge Property Group's Lumina project is set to take full advantage of its unencumbered views back to Brisbane.

The 12-level project, located above Hanlon Park, will offer gun-barrel views to the city from a number of apartments, but the best will be enjoyed from the resident rooftop.

That will feature a rooftop terrace with a resort-style pool and a number of alfresco areas, surrounded by lush landscaping.

[smartcode_project:default project_id=112745 project_image_fid=207746]

Residents will also have access to an on-site movie theatre and a resident lounge, a communal herb garden, a health club with a sauna, and a co-working space with a meeting room.

&nbsp;

The amenity doesn't stop inside Lumina, with the development strategically located in one of Brisbane's most connected address.

Residents will be within easy reach of education, health care, and transport options, in addition to&nbsp;a plethora of dining, entertainment, and leisure options.&nbsp;

There's a range of spacious one, two and three-bedroom apartments in the development designed by NMDS Architecture.

[smartcode_project:default project_id=112745 project_image_fid=207748]

Oakridge secured the Cleveland Street site of the Freemasons building in May 2021, shortly before Brisbane was announced as the hosts of the 2032 Olympics, something which Oakridge development manager Sam Clarke was handy timing.

"Maybe had we have bought the site a few months later, the land value would be considerably more given its&nbsp;location to the Olympic hub," Clarke said.

The old brick lodge, which hasn't been used for a number of years since the Freemasons moved in to the city, has been demolished.

[smartcode_project_cta:default project_id=112745]

Oakridge secured the Cleveland Street site of the Freemasons building in May 2021, shortly before Brisbane was announced as the hosts of the 2032 Olympics

Lumina, Stones Corner to capture unparalleled Brisbane skyline views

A prime inner city development site with uninterrupted views of the CBD and development approval for a 12-storey residential apartment complex has been sold.

After a competitive expressions of interest sales process, the corner site consisting of three lots, 37 Leichhardt Street as well as 8 and 10 Downing Street, was sold to ACT based Addval Developments.

Colliers Director Investment Services Nick Wedge said the property represented one of the best ‘infill’ residential development sites, in the tightly held and highly sought-after suburb of Spring Hill.

“With development approval in place for 15 luxury residential apartments over 12 levels, with the refurbishment of the existing heritage dwelling on site, this provided a great investment opportunity,” Wedge said.

“We had a lot of interest in the site due to the exceptional demand for established and new housing in Brisbane."

“Based on historical demand and likely anticipated supply, Inner Brisbane will experience a shortfall of 16,000 new apartments over the next four years," he added.

Colliers National Director Investment Services Hunter Higgins said Spring Hill was one of Brisbane’s premier inner city suburbs with unmatched locality through its connectivity to amenity including Brisbane CBD, Roma Street Parklands and Train Station and two major private hospitals and schools.

“Opportunities to develop boutique apartment or townhouse projects on the doorstep of the CBD are exceptionally rare,” Higgins said.

“This site presented an unrepeatable development opportunity, especially with market conditions continuing to improve and opportunities like this virtually non-existent."

“Both the established and new housing markets have seen exceptional demand and increased pricing across Brisbane."

“This coupled with the site-specific attributes will result in premiums being paid for the end user product,” Higgins added.

Colliers Residential Site Sales Executive James Matley said located less than one kilometre from Brisbane’s CBD this site provided a great opportunity for the purchaser.

“While it already has development approval for residential units, it is zoned as mixed-use one, allowing for a range of development outcomes," Matley said.

“The zoning provides opportunities including residential, mixed use, retirement/aged care, build to rent, student accommodation, office, a hotel or serviced accommodation, commercial, medical, retail as well as child care, all subject to council approval."

Colliers Director Investment Services Nick Wedge said the property represented one of the best ‘infill’ residential development sites, in the tightly held and highly sought-after suburb of Spring Hill

Addval Developments pay $5.1 million for Spring Hill apartment development site

Queensland's population is set to experience significant growth in the coming years, according to recent data from the Centre for Population. With expectations of a growth rate exceeding 16 percent by 2032, the spotlight is on Greater Brisbane as it emerges as the frontrunner for population expansion within the state.

The surging demand for housing across most parts of the city, coupled with the explosive population growth witnessed throughout 2021 and 2022, has laid a solid foundation for a robust property market.

Brisbane continues to outperform many other cities across the country, thanks to the prevailing undersupply of homes in the region.

And with Brisbane securing the opportunity to host the 2032 Olympic and Paralympic Games, the property market is poised for further growth and investment opportunities in the years ahead.

With the market only heating up, we've wrapped up the top inner city developments on offer that are priced under $1 million.

<h2>Allere Collection, West Village</h2>

<h2>Address: Mollison Street, West End</h2>

<h2>Developer: Sekisui House Australia</h2>

<h2>Prices from: $825,000</h2>

The Allere Collection in Sekisui House Australia's multi-award winning West End development, West Village&nbsp;

The Allere Collection is now over 75 per cent sold, and is one of the last opportunities to buy in West Village, which has formed the new focal point of the West End precinct in South Brisbane.

[smartcode_project:default project_id=114215 project_image_fid=210749]

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 previous sold out building in the precinct, Altura.&nbsp;

Fronting Mollison Street, the apartments have been designed by renowned architect Rothelowman, with Uno comprising 94 residences and two levels of commercial space, and Duo, set above the West Village retail precinct, homing 109 apartments to a design which Rothelowman describe as "a bold and classic take on the quintessential Queenslander."

[smartcode_project:default project_id=114215 project_image_fid=204857]

Loacted in the Duo tower, the two-bed apartments begin from&nbsp;$825,000, set across 97 sqm with two-bathrooms and one car space,&nbsp;

Residents within the Allere Collection will have the benefit of enjoying double the amenity, with shared access to both Uno and Duo rooftops.

Crowning the Uno tower will be a pool, enclosed dining space, seating areas, a vegetable garden, conservatory, as well as ‘Paw Pavilion’ - an off leash dog space on the rooftop. Topping Duo will be a pool, heated spa, enclosed lounge room and dining space, along with outdoor barbecue facilities and sun loungers.&nbsp;

<h2>Project: 33 Manning</h2>

<h2>Address: 33 Manning Street, Milton</h2>

<h2>Developer: Goldfields Group</h2>

<h2>Prices from: $695,000</h2>

National developer Goldfields' first foray into the Brisbane off the plan apartment market has been a successful one.

Their debut project, 33 Manning in Milton, is now over 50 per cent sold having only launched earlier this year.

[smartcode_project:default project_id=108736 project_image_fid=209692]

Designed by renowned architects Rothelowman, 33 Manning pays homage to the classic Queenslander home. It offers residents the scale and function of the traditional Sunshine State home, aligned to Brisbane’s subtropical climate and transformed for contemporary high-rise living.

Goldfields CEO Lachlan Thompson said demand for 33 Manning has been strong since launch as Brisbane continues to battle undersupply and lower vacancy rates.

There are a number of two-bedroom options at 33 Manning that clock in under the $1 million mark, with prices beginning from&nbsp;$695,000. Even the two-bedroom apartments sit under the $1 million mark ($995,000), and they have a separate study space.

According to Andrew Scriven, Managing Director of Colliers Residential Queensland, the design and architecture of 33 Manning has been a key driver of interest from buyers, alongside its city-fringe location.

[smartcode_project:default project_id=108736 project_image_fid=209941]

Scriven suggested 33 Manning's two-bedroom apartments offer size and aspect, and are the best value in the inner city. He says they could yield almost five per cent for investors&nbsp;given the current rental pressures in Brisbane.

33 Manning also offers Brisbane homebuyers a rare opportunity to buy off-the-plan with a deposit of just $10,000, in conjunction with property-buying platform Coposit.

At no cost to purchasers, the free Coposit app allows buyers to secure an apartment at the current price before paying back the rest of the deposit in weekly instalments during the construction phase.

<h2>Project: Ethereal Residences</h2>

<h2>Address: 97 Swann Road, Indooroopilly</h2>

<h2>Developer: North&nbsp;</h2>

<h2>Prices from: $895,000</h2>

Coloured by an emerald green hue, Indooroopilly is one of the most naturally rich suburbs in Brisbane.

Offering residents the best of both worlds, Indooroopilly sits just 10-minutes from the city, and only seven-minutes from the foothills of Mount Coot-Tha.

[smartcode_project:default project_id=109830 project_image_fid=184163]

Brisbane-based developers North took to the amenity-rich suburb to deliver their latest residential project, in a cross-studio collaboration between the renowned Rothelowman, Carr Design and Form Landscape Architects.

The Swann Road development of just 46 apartments is aimed at the owner occupier, suiting the upsizer, downsizer, and even the first home buyer demographic.

[smartcode_project:default project_id=109830 project_image_fid=184948]

There's a range of two-bedroom apartments coming in below the $1 million club, with prices starting from&nbsp;$895,000. Each comes with two bathrooms and two car spaces, with the pricier two-bedders offering direct street access.&nbsp;

The low-rise building forms are terraced down the hillside to maximise outlook, orientation and privacy, with direct street frontage to Swann Road, Burns Street and Rennie Street.

Ethereal's Sky Terrace crowns the building, with the rooftop retreat equipped with alfresco dining amenities and a swimming pool, all set within verdant landscaping.&nbsp;

<h2>Project: Vivace Apartments</h2>

<h2>Address: 31 Tallowwood Street, Seven Hills</h2>

<h2>Developer:&nbsp;Heran Building Group</h2>

<h2>Prices from: $685,000</h2>

Seven Hills in Brisbane's inner east offers buyers both convenience to the city and an escape to nature.

It's managed to keep its quaint, suburban feel, with little to no population growth over the last decade, with just over 2,000 people calling Seven Hills home, according to the latest census data from the Australian Bureau of Statistics.

[smartcode_project:default project_id=90199 project_image_fid=205365]

There lack of population growth shows there's been little to no opportunity to buy into the already established suburb, with very little new housing options in the owner-occupier-centric market, which is why Heran Building Group's Vivace Apartments has been popular throughout it's time on the market.

Vivace offers both two and three-bedroom floorplans for under $1 million in the tightly held suburb, with the two-bedders priced from&nbsp;$685,000, while the three-bedders begin at&nbsp;$815,000. Each of the apartments feature two-bathrooms as well as two car spaces.&nbsp;

[smartcode_project:default project_id=90199 project_image_fid=205369]

Designed by Heran's internal architect, the Vivace Apartments offer a contemporary design, with a natural colour palette and timber features juxtaposed to stone.

The spacious site provides large balconies and vertical screens for privacy and shading, and contrasts with the high density solutions of the inner city.

Communal spaces are dotted around the site, including a swimming pool, barbecue facilities, a fully-equipped gym, sauna, steam room and communal lounge.

<h2>Project: Adena Residences</h2>

<h2>Address: 15 Alter Street, Wynnum West</h2>

<h2>Developer: Heran Building Group&nbsp;</h2>

<h2>Prices from: $789,000</h2>

Heran has also recently developed in another sought-after Brisbane suburb, with the group taking to Wynnum West for Adena Residences.&nbsp;

Situated in the heart of the suburb, Adena Residences enjoys a prime location just 13 kilometres from the CBD, placing residents within proximity to some of the best Brisbane has to offer.&nbsp;

[smartcode_project:default project_id=109978 project_image_fid=207522]

Adena is another on the list that offers both two and three-bedroom apartments for under $1 million. The two-bedders are priced from $694,000 with the three-bedders from&nbsp;$789,000, each with two-bathrooms and two car spaces.&nbsp;

The open-plan living areas seamlessly connect to private balconies or courtyards, allowing residents to embrace indoor-outdoor living and enjoy the beautiful surroundings.

[smartcode_project:default project_id=109978 project_image_fid=186027]

The apartments feature a range of high-quality finishes throughout, including stone benchtops, European appliances and ducted air conditioning.&nbsp;

Residents will benefit from a suite of amenities within the development, including a pool, sun lounges, a gym with 24 hour access and undercover barbecue terraces. There's also a rooftop crowning the building, complete with a garden, that takes in 360 degree views.&nbsp;

Brisbane continues to outperform many other cities across the country, thanks to the prevailing undersupply of homes in the region

The top five Brisbane off the plan apartments selling for under $1 million in May 2023

Brisbane's unit market continues to go from strength to strength.

There was hardly any downturn felt in the Queensland capital, with lack of supply and continued migration keeping prices firm while its eastern seaboard counterparts suffered near double digit losses over the last year.

Brisbane has actually seen 1.5 per cent growth over the last 12 months, according to CoreLogic. Unit values grew 0.9 per cent across April, the second best performing capital behind Sydney.

The median value of units in Brisbane is now approaching $500,000.

Colliers Director Andrew Scriven, who is handling sales at Consolidated Properties recently launched Monarch Residences in Toowong, says that in an environment of relative uncertainty, enquiry for off the plan apartment projects in Brisbane remains healthy.

[smartcode_project:default project_id=113455 project_image_fid=211496]

"By far the largest group is local owner occupiers who account for approximately 70 per cent of enquiry," Scriven said.

"This cohort consists of downsizers, rightsizers and to a lesser extent first home buyers all being attracted to different products types and locations."

Scriven added that affordability remained an issue for a large portion of the market, with&nbsp;less and less stock available in the sub $700,000 range, however there are good options available for those with larger budgets.

There's also been enquiry grow from investors, who are looking to capitalise on growing yields due to sub one per cent vacancy rates in the inner city.

[smartcode_project:default project_id=113455 project_image_fid=211498]

Developer Dibcorp has timed their Bide, Newstead apartment tower perfectly. They're able to point to an under construction project, which Keenan &amp; Co.'s Fraser Bryne says is now top of the list of questions to ask when enquiring.

"Their first question is 'is the project under construction, and if not, why?'" Byrne says.

"The second question is 'who is the development team and what have they delivered before?'".

[smartcode_project:default project_id=102309 project_image_fid=163977]

Byrne says these are completely understandable requests in the current climate.

"Buyers have access to a vast amount of information nowadays and are often well educated in buying off the plan, so they want full confidence in the project.

"I think these are completely understandable requests and in fact encourage buyers to ask these questions in their search for the right property because if they can be answered with confidence, they should feel comfortable proceeding."

[smartcode_project:default project_id=102309 project_image_fid=163974]

The Longland Street project has benefitted from the tight supply in Brisbane's inner-city, which Bryne says is driving strong buyer demand.

The last residences at Bide have just been released to the market, a collection of two and three-bedroom skyhomes.

Richard Lawrence, Founder and Managing Director at Position Property, says there's a strong imbalance between supply and demand, which isn't likely to change in the immediate future.

"We are heading into new territory in the Brisbane market with the extreme tightening of supply of new product due to more challenging construction costs," Lawrence says.

"Simultaneously, we are seeing high demand.

"Queensland’s population is growing overwhelmingly faster than every other state, with 2,201 people moving to the state each week on average in the past year.

"The majority of this growth split between interstate and international migration, as opposed to natural increase.

"Fundamentally, demand is overwhelmingly outstripping not only current supply, but the short term pipeline of supply.

"Along with this, rental vacancies are at historic lows with yields consistently exceeding the southern states, making the timing perfect for investors to enter the market.

There was hardly any downturn felt in the Queensland capital, with lack of supply and continued migration keeping prices firm while its eastern seaboard counterparts suffered near double digit losses over the last year.

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