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

Gold Coast off the plan apartments

Gold Coast-based builder-developer MAYD has officially started construction on its landmark project, One Burleigh, a collection of ultra-luxury full-floor residences overlooking&nbsp;Burleigh Heads.

<a href="/new-apartments/one-burleigh">One Burleigh</a>, located at 88 The Esplanade, will comprise 16 full-floor residences, each offering expansive oceanfront living with unmatched privacy. Construction is being undertaken by MAYD in partnership with Formplus, with completion expected by summer 2026.

[smartcode_project:default project_id=146358 project_image_fid=323054]

“In times of economic uncertainty, tangible assets like high-quality real estate continue to offer stability and long-term value,” Todd Mould, Director of MAYD, said.

“Stock markets around the world may be fluctuating, but real estate – particularly at the premium end – remains one of the most resilient and proven long-term investment avenues. Our commitment to delivering exceptional residences like One Burleigh reflects our confidence in the enduring appeal of the Gold Coast’s luxury property market.”

[smartcode_project:default project_id=146358 project_image_fid=323056]

MAYD’s portfolio of prestigious developments includes the nearly completed Prominence in Mermaid Beach, a $35 million boutique apartment building featuring eight luxury residences. Additionally, the company has received approval for a $350 million mixed-use development in North Kirra, encompassing a five-star hotel and 60 premium private residences.

“MAYD focuses on carefully chosen, handcrafted projects,” Mould added.

“Every development we take on is selected with intention — where location, design, and quality lead the way. Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

[smartcode_project:default project_id=146358 project_image_fid=323052]

The apartments in One Burleigh have been designed by&nbsp;MAS Architecture Studio and will each feature&nbsp;four bedrooms, 3.5 bathrooms, and three car spaces. Internal living areas span up to 381 sqm, complemented by generous outdoor spaces, culminating in total floor plans of up to 425 sqm.

“One Burleigh is more than a residence; it’s a sanctuary that offers an exclusive lifestyle experience,” Mould said.

“Our vision is to create homes that harmonise with the natural beauty of Burleigh Heads while providing the utmost in luxury and comfort.”

Residents will enjoy uninterrupted panoramic ocean views through floor-to-ceiling glass, maximising natural light and sea breezes. The design emphasises wellness, featuring serene coastal landscaping and exclusive access to a residents’ spa and lounge.

Nearly 50 per cent of the apartments have already been snapped up. Prices are starting from&nbsp;$8.85 million and rise to $15 million plus.

[smartcode_project_cta:default project_id=146358]

&nbsp;

“One Burleigh is more than a residence; it’s a sanctuary that offers an exclusive lifestyle experience,” MAYD Director Todd Mould said.

MAYD kicks off construction of ultra-luxury ONE Burleigh apartment development in Burleigh Heads

Following the strong sales success of the first tower, <a href="/developers/morris-property-group">Morris Property Group</a>&nbsp;has now released the apartments in the second tower of its new Broadbeach development, Crest Broadbeach.

The second tower introduces a fresh collection of two and three-bedroom apartments, which have already generated strong interest. Prices start from just under $1.2 million.

The first tower, which launched just over 12 months ago, is now more than 75 per cent sold.

Morris' in-house construction team is delivering both towers simultaneously. Construction is well underway, with the tower crane already installed on-site and excavation nearing completion on the fifth basement level. Both towers are scheduled for completion by mid-2027.

[smartcode_project:default project_id=112024 project_image_fid=343235]

<a href="/new-apartments/crest-broadbeach-13-armrick-avenue-broadbeach">Crest</a> is ideally positioned on the highly sought-after Armrick Avenue, a tightly held street that has seen surprisingly little apartment development despite the recent boom across Broadbeach. No developer has successfully delivered a high-rise on this exclusive street—until now.

Armrick Avenue offers two major advantages to both investors and owner-occupiers due to its proximity to Broadbeach Park, one of the suburb’s most cherished green spaces.

The park, across the road is home to the iconic Broadbeach Bowls Club, a community institution since the mid-1950s, and the long-standing Broadbeach Surf Life Saving Club, giving Crest residents doorstep amenity at two of Broadbeach's most popular social venues.

The proximity to the park also means Crest residents will enjoy protected, uninterrupted southern views, with the government-owned land of the park never to be built upon.

[smartcode_project:default project_id=112024 project_image_fid=343113]

In addition to the prime location and surrounding amenity, Crest will also offer residents an impressive suite of on-site facilities. These include a fully equipped gym, a resort-style pool, and a barbecue and alfresco entertaining area.

According to data from MatterFact, Apartments.com.au’s data partner, Crest has appealed to both investors and owner-occupiers alike. While the majority of enquiries have come from Queenslanders, interstate interest has remained consistently strong. In fact, enquiries from New South Wales have made up between 20 to 30 per cent of total enquiries since the beginning of 2024.

[smartcode_project:default project_id=112024 project_image_fid=343256]

Crest marks Morris Property Group’s ninth apartment development in Broadbeach since entering the market in 2006 with their flagship project, Verve.

They recently completed their eighth project, <a href="/buildings/malo-broadbeach-8-jubilee-avenue-broadbeach-qld-4218">Malo Broadbeach</a>, nearby on Jubilee Avenue. Construction is also underway on their tenth Broadbeach project, <a href="/new-apartments/maison-broadbeach-22-chelsea-avenue-broadbeach">Maison Broadbeach</a>, located just across Broadbeach Park on Chelsea Avenue.

[smartcode_project_cta:default project_id=112024]

Crest marks Morris Property Group’s ninth apartment development in Broadbeach since entering the market in 2006 with their flagship project, Verve

Morris releases second tower at Crest Broadbeach after tower one sales success

The first development at Budds Beach in more than a decade has commenced construction, with award-winning builder and developer McNab bringing the sculptural 28-level Elements tower to life.

The milestone coincides with new research from the National Property Research Co that shows the Gold Coast will need another 144,000 new dwellings over the next two decades to meet the forecast population growth, set to tip one million residents by 2045.

McNab Executive Chairman Michael McNab said the 28-level&nbsp;<a href="/new-apartments/elements-budds-beach-surfers-paradise-21-oak-avenue-surfers-paradise-qld-4217">Elements</a> would deliver 87 two, three and four-bedroom apartments in the exclusive Budds Beach enclave.

“Budds Beach is incredibly tightly held, with very few properties exchanging hands in the past five years," McNab said.

"Once you see it for yourself, you can understand why. It’s an enclave you would only discover if you lived locally – a pristine riverfront beach, tree-lined streets and village-style cafes, just seven-minutes' walk from the iconic oceanside of Surfers Paradise."

[smartcode_project:default project_id=111522 project_image_fid=322249]

McNab said they've always looked to position their projects in areas loaded with lifestyle and on the cusp of growth.

“Budds Beach delivers on this, and our vision for Elements will soon create a sculptural landmark and new housing supply in an area where there is strong appetite for premium, home-sized apartments.”

[smartcode_project:default project_id=111522 project_image_fid=322243]

As testament to the project’s design and location, both McNab and the company’s CEO, Kunjan Ganatra, have both purchased apartments in Elements.

Designed by Cottee Parker, the $170 million tower, located at 21 Oak Avenue in Surfers Paradise, is scheduled for completion by Q32027.

Director of National Property Research Co Matthew Gross said more projects of this scale needed to break ground on the Gold Coast to meet the extraordinary pace of growth.

“In the next 20 years the Gold Coast’s population is forecast to surpass one million residents, which means another 144,000 new dwellings will need to be delivered to meet that demand,” Gross said

“The supply-demand imbalance has had a significant impact on property values in the city, with the median apartment price increasing 343 per cent since 2000 from $174,900 to its current median price of $795,000 for the first quarter of 2025."

In the past decade, we’ve also seen the number of apartment sales above $2 million grow by 1,600%, from just 33 sales in 2014 to more than 528 sales in 2024, Gross added.

[smartcode_project:default project_id=111522 project_image_fid=322247]

Elements has been progressively released to the market in stages since its formal launch, with more than 65 per cent of apartments in the Azure Collection now sold.

Managing Director of MOTIV, Carly Cottam, said a limited number of two and three-bedroom apartments were available in the Azure Collection at Elements, priced from $1.31 million for a two-bedroom apartment and from $1.75 million for a three-bedroom apartment.

“These apartments are designed for the local market and feature large floor plans, clever storage solutions and impeccable finishes,” Cottam said.

“Soon we will be releasing the Horizon Collection at Elements, which comprises just 10 four-bedroom 
plus multipurpose room residences, spanning half a residential level."

[smartcode_project:default project_id=111522 project_image_fid=322250]

Featuring European Oak flooring, natural stone benchtops, and an opulent wine bar complete with integrated wine fridge, Cottam said apartments within the Horizon Collection start from $3.912 million.

The full-floor penthouse at Elements has not yet been released to market. Crowning the top of Elements is a full-floor retreat dedicated to wellness and entertaining, with 360-degree views and extensive resident amenities including a horizon-edge pool, poolside lounge, BBQ and teppanyaki bar, yoga deck, gymnasium, sauna, and hot plunge pool.

[smartcode_project:default project_id=111522 project_image_fid=322252]

The construction milestone at Elements follows the successful delivery of White Main Beach, which was completed by <a href="/developers/mcnab-developments">McNab</a> in 2024 and awarded best Apartment Building over $50m by the Queensland Master Builders Assoc.

McNab remains one of the few builders in Queensland to consistently grow their pipeline and deliver projects ahead of schedule — a direct result of the company’s integrated business model, which leverages in-house teams of skilled tradespeople, and produces high-quality building materials, to help overcome industry-wide labour and material shortages.

[smartcode_project_cta:default project_id=111522]

McNab breaks ground on Elements apartment tower at Budds Beach

National apartment developer Abadeen Group is bringing its expertise from decades of developing luxury apartments in Sydney, and more recently Melbourne, to the Gold Coast.

<a href="/developers/abadeen-group">Abadeen</a>, founded in 1995 by industry veteran Justin Brown, chose one of the Gold Coast's most popular suburbs for its debut project, Villea, located just 400m away from the sand in<a href="/developments/palm-beach-qld-4221"> Palm Beach</a>.

<a href="/new-apartments/villea-palm-beach">Villea</a>, already well under construction and expected to welcome buyers by the end of 2025, will consist of just 69 apartments across an eight-level building designed by BDA Architecture. It presents a rare opportunity to purchase a two-bedroom apartment for under $1 million in a suburb dominated by luxury beachfront projects.

[smartcode_project:default project_id=106840 project_image_fid=336441]

The apartments have been designed to evoke beachside living. They feature a neutral, coastal colour palette, and have been configured to open to the outdoors through large sliding glass doors, to capture views to either the Pacific Ocean, Tallebudgera Creek, Burleigh Headland, and Snapper Rocks.

Villea residents will be well catered for Villea includes private resort-style amenities such as a resort-style pool enveloped in lush landscaping, a fully equipped gym, and a recreational BBQ area.&nbsp;

[smartcode_project:default project_id=106840 project_image_fid=336442]

The Mawarra Street building, one of only a handful under development on the western side of the Gold Coast Highway where prices are much more affordable than the eastern side, sits in a quiet pocket that is dominated by established houses.

While just a short walk to beachside amenity, Abadeen will bring further convenience by activating the ground plane of Villea with a boutique retail precinct.

[smartcode_project:default project_id=106840 project_image_fid=336445]

Villea residents will also benefit from the extended G:Link light rail that will be extended all the way down to Coolangatta. One of the proposed stops in Palm Beach is just 650m away.

SRQ Projects Director, Nick Clydsdale says Villea residents will be able to embrace a lifestyle unlike any other.

“Villea embraces the essence of Palm Beach living, where mornings begin with a great coffee just steps from home, and the beach is the backyard. From sunrise strolls on the sand to paddleboarding at Tally Creek, Villea places you at the heart of Palm Beach’s natural beauty.”

Villea is already well under construction and is expected to complete by the end of 2025, with buyers moving in shortly after.

GV Property Group's Antonio Mercuri and Luke Reaby amalgamated the site for Abadeen.

[smartcode_project_cta:default project_id=106840]

SRQ Projects Director, Nick Clydsdale says Villea residents will be able to embrace a lifestyle unlike any other.

Abadeen’s Gold Coast debut brings affordable coastal luxury to Palm Beach

<a href="/developers/arena-property-group">Arena Property</a> has been given the green light to proceed with its new <a href="/developments/main-beach-qld-4217">Main Beach</a> apartment tower, Bella Vie.

The 28-level tower, on an amalgamated 1,010 sqm on Pacific Street, one row back from Main Beach parade, will comprise 72 apartments. It will replace an original walk-up unit block.

Bella Vie—a French term that translates to beautiful life—is Arena’s most ambitious project to date and represents a significant shift from their previous low-rise luxury offerings, including their recently completed&nbsp;<a href="/buildings/lana-bilinga-295-golden-four-drive-bilinga">Lana Bilinga development</a>.

<img alt="Belle Vie" data-entity-type="file" data-entity-uuid="c3e5f164-ac17-493f-9016-e1b772793a2b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-04-28%20at%204.12.07%E2%80%AFPM.png?VersionId=hGeIid7b88EVuJ16a8TPM9G4nITq3dGK" />

Designed by <a href="/architects/plus-architecture">Plus Architecture</a>, Belle Vie features two distinct vertical sections, elegantly separated by a full-floor amenities level on Level 18. This central amenity floor will offer residents a curated collection of luxury lifestyle spaces, including a residents’ lounge, games room, wine cellar, library, private dining space, and a sunset-viewing outdoor dining terrace.&nbsp;

&nbsp;

It will also house a dedicated co-working zone with a boardroom, and a wellness hub complete with a 91 sqm gym, Pilates studio, sunrise yoga deck, and functional training room.

Levels 5 to 17 will host 56 two-bedroom residences, each boasting a study or multi-purpose room.&nbsp;

<img alt="Belle Vie" data-entity-type="file" data-entity-uuid="9c55f6a9-18ae-4978-9580-4af6c3614be0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-04-28%20at%204.12.13%E2%80%AFPM.png?VersionId=5ifb5cU.lKzbIzaa9fjcsBJhmAIw3Q.Z" />

Above the amenities level, Levels 19 to 27 are reserved for 14 expansive half-floor, three-bedroom apartments, further enhancing Bella Vie’s appeal to the owner-occupier market.&nbsp;

Crowning the tower are two ultra-luxurious penthouses spanning three levels, each featuring four bedrooms, a home office, and a private 120 sqm-plus rooftop with a pool, spa, outdoor kitchen, fire pit, and lawn area.

Complementing the vertical lifestyle offering is a resort-style podium-level amenity deck, which will include a swimming pool with spa and wet deck, hot and cold plunges, and a rejuvenating sauna.&nbsp;

The three-level podium and basement structure will provide parking for 100 vehicles.

Bella Vie, new Main Beach apartment tower, greenlit

International DJ Paul Fisher and his wife Chloe have revealed their much-anticipated Palm Beach apartment development, <a href="/new-apartments/pescado-palm-beach-229-jefferson-lane-palm-beach-qld-4221">Pescado</a>.

The $50 million development, on the dress circle Jefferson Lane, is being developed by the Fishers new development company, YLB Property Developments, and will home just seven ultra-luxury apartments designed by the Fishers and BDA Architecture.

The Fishers, who intend to retain the two-level penthouse, have already appointed Gold Coast construction company HNKN to build Pescado.

[smartcode_project:default project_id=149651 project_image_fid=342040]

Located at 228-230 Jefferson Lane, Palm Beach, Pescado will be designed as a tranquil retreat, offering a seamless blend of architectural sophistication and relaxed beachside living.

Designed in collaboration with leading BDA Architecture, Pescado will set a new standard for premium, low-density living, offering just six full-floor residences and an expansive two-level penthouse in the eight-level building.

Fisher, who has travelled extensively, describes Palm Beach as his personal retreat and the inspiration behind Pescado.

“After weeks on the road, all I can think about is getting home,” Fisher said.

“That feeling of calm, of being fully present, is what we want to bring to Pescado.”

[smartcode_project:default project_id=149651 project_image_fid=342042]

Each three-bedroom, three-bathroom home will feature expansive open-plan layouts, high-end finishes, and seamless indoor-outdoor living. Prices start from $5.25 million.

Designed with an emphasis on wellness, functionality and meaningful social spaces, the residence features a resort-style pool, gym, cold plunge, BBQ, and dining areas, encouraging a balanced lifestyle.

“Palm Beach is part of my DNA, and that’s reflected in Pescado’s design, which captures the natural rhythm and energy of the coastline – it’s wavy and groovy, just like my music,” Fisher added.

“We wanted to create a space where people can entertain, bring their friends over, and truly enjoy the coastal lifestyle.

“Pescado is not just another luxury development—it’s a deeply personal project for us. We’re not just building this place and moving on; this is our forever home. Every detail has been considered to ensure that Pescado is a special place, not just for us but for everyone who becomes part of this journey.”

[smartcode_project:default project_id=149651 project_image_fid=342044]

The name ‘Pescado’ – Spanish for ‘fish’ – is a nod to Fisher’s time in Ibiza, where the nickname stuck. Chloe Fisher, Co-founder of YLB Developments, has led the interior design direction, ensuring Pescado balances elegance with everyday comfort.

“Pescado’s interiors are designed to blend elegance with comfort to ensure it feels like a home, not just a house,” Chloe Fisher said.

“We’ve drawn influence from some of our favourite hotels around the world, with a strong focus on sustainability and liveability – and for me, it’s all about creating a true sense of home.

“We took inspiration from our homes in LA and Ibiza, using organic textures and neutral tones, with subtle pops of sage green and blush pink to give Pescado its own personality without overpowering the coastal feel.

“Functionality has remained at the forefront of the design. We’ve stayed in some of the most beautiful homes around the world, and yet, often we find that the high-end design doesn’t always translate to practicality."

Fisher said they&nbsp;wanted to ensure that every aspect of Pescado was purposeful and considered.

[smartcode_project:default project_id=149651 project_image_fid=342048]

The development team have worked alongside leading architects and designers to bring the project to life, ensuring the highest standard of craftsmanship and architectural integrity. BDA Architects has delivered a design that integrates contemporary coastal architecture with timeless interior appeal.

Darren Greenaway, Director of BDA Architects, said the wave-like façade was deliberately designed to reflect the transition from chaos to calm, with the architecture symbolising a journey from the noise of daily life into a private sanctuary.

“Pescado reinterprets the Gold Coast’s coastal vernacular with modern influences, using crafted brickwork, travertine, and expansive, light-filled spaces to ensure lasting elegance,” said Greenaway.

“Our goal was to incorporate a fluid, organic curvature into the façade so that when people look at Pescado, they experience the same sense of serenity they would watching the ocean.”

With approvals secured, sales are now underway, exclusively represented by Pezet Matheson.

Jayde Pezet, Managing Director of Pezet Matheson, said they anticipate strong demand for boutique beachside developments of this calibre.

“Pescado’s craftsmanship, prime location, and exclusivity will set it apart in the Palm Beach market," Pezet said.

“As interest in high-end, low-density residences continues to grow, Pescado is expected to become a defining addition to Palm Beach’s landscape—offering both prestige and enduring value.”

[smartcode_project_cta:default project_id=149651]

Fisher, who has travelled extensively, describes Palm Beach as his personal retreat and the inspiration behind Pescado.



DJ Fisher launches Pescado, luxury Palm Beach apartment development

Prolific Melbourne developer Hirsch &amp; Faigen is set to boost its investment on the Gold Coast to more than $700 million after announcing plans for a fourth beachside project in as many years.

Hirsch &amp; Faigen, led by Daniel Faigen and backed by Eddie Hirsch, co-founder of United Petroleum, has lodged a development application for the $240 million residential apartment project earmarked for a 1,100sqm site at 7-9 Surf Parade in the heart of Broadbeach.

<a href="/new-apartments/marbella-broadbeach-7-9-surf-parade-broadbeach">Marbella</a> will deliver 100 apartments across 31 levels, making it the company's largest Gold Coast project to date and leveraging off the success of its three earlier projects which all sold out prior to construction starting.

<a href="/developers/hirsch-faigen">Hirsch &amp; Faigen</a> lodged the development application for Marbella Broadbeach this week as the company edges closer to completion of its latest project Yves Mermaid.

The announcement of Marbella Broadbeach affirms the company’s sustained confidence in the Gold Coast market which continues to remain undersupplied.

It also increases the value of Hirsch &amp; Faigen’s Gold Coast development portfolio to more than $700 million since the company first entered the market in 2021 with the launch of Hemingway at Palm Beach.

The company has enlisted its trusted team of Rothelowman Architects and Hutchinson Builders to design and deliver Marbella Broadbeach respectively, continuing a successful partnership forged across the group’s previous Gold Coast developments.

<img alt="Marbella" data-entity-type="file" data-entity-uuid="6ab9ff4e-16ee-44b5-aa52-5cbfc4aaf1cc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-04-03%20at%2010.48.26%E2%80%AFAM.png?VersionId=UyI0DI4CD1v0cZPlRsdZnn81S8xIOZyL" />

Marbella&nbsp;will offer a thoughtfully curated lifestyle, including a substantial wellness precinct, communal recreation areas, children’s play spaces, work-from-home facilities, and shared lounge and dining areas.

Designed for the prime market demographic of downsizers and interstate lifestyle investors in mind, Marbella&nbsp;has been crafted to offer an increasingly rare blend of affordable luxury in a tightly held market.

Uniquely positioned in the heart of the Gold Coast’s most sought-after lifestyle suburb of Broadbeach, the project will also boast uninterrupted beach and hinterland views.

The Surf Parade site is just a short walk to the bustling Broadbeach dining and retail precinct, Pacific Fair, The Star Gold Coast and convention centre, and an easy stroll to Kurrawa Beach and the recreational amenity of Pratten Park on the Broadbeach foreshore.

“We’re excited to be proceeding with our fourth project on the Gold Coast in what is certain to become the new luxury precinct in Broadbeach,” says Anthony Bueti, the CFO of Hirsch &amp; Faigen and a shareholder of the group.

“With the likes of Mosaic and Abedian &amp; Co also launching quality projects in the area, the transformation will cement Broadbeach as the premier lifestyle and amenity suburb on the Gold Coast.

&nbsp;

“After four years in the Gold Coast market, and with three successful projects completed, Marbella is the product of everything we have learned to love about the Gold Coast and it will be an incredible addition to our growing portfolio in one of the most vibrant property markets in the country.

“We continue to remain very confident in the high-end Gold Coast property market.”

The plans for Marbella herald Hirsch &amp; Faigen’s Broadbeach market debut after the group has now made its mark at Kirra Beach with Emerson, Hemingway at Palm Beach and Yves at Mermaid Beach.

Pending approvals for the code-assessable project, the company expects construction to start in September this year.

Hirsch & Faigen plots fourth Gold Coast apartment development, Marbella Broadbeach

Immerse Projects is preparing its third new apartment development in the ever-popular Coolangatta/Kirra area.

Led by building veteran John Kearney, who also runs local construction giant Greyburn, Immerse has filed plans for a new development on <a href="/new-apartments/5-haig-street-coolangatta">Haig Street</a>, just off Musgrave Street and just metres from the beach.

They've called on BDA Architecture to design the 14-level building, which will feature 105 apartments: 64 three-bedroom and 41 two-bedroom units.

Kearney told Urban the diversity of product mix will suit a wider section of the house market needs, not just the downsizer.

"The two, two-bed plus MPR, and three-bed configurations could suit part-time owner-occupiers who might choose to short-term let, lock-and-leave owners, and downsizers who don't want, or can't afford, a full-floor apartment which Kirra is flooded with."<img alt="Kearney Haig Street" data-entity-type="file" data-entity-uuid="8ecdf609-dc29-4bbc-9030-16580980754c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-04-02%20at%202.49.43%E2%80%AFPM.png?VersionId=GFWghfxn6ifF9N9Y4uduzMD9j7LV3GzH" />

Kearney says he has strong belief in the Kirra market and its future growth prospects.

"Kirra has much more amenity on its doorstep than other parts of Coolangatta. There's a real sense of identity with Kirra, it's a really special place."

BDA wrote in their submission to the Gold Coast City Council the architectural vision for 5-7 Haig Street "embraces its coastal setting by responding to the built form, climate, and surrounding landscape."

"The development is designed to integrate seamlessly with its neighbourhood, enhancing the identity of the Kirra precinct while respecting existing urban character and natural elements."

Apartment sizes start from 70 sqm internal for the two-bedroom apartments, and 130 sqm for the two-beds with MPR. The three's start from 130 sqm with 17 sqm of balcony. There are three two-level beach houses that start on the ground level.

The majority of the resident amenity is pitched for the level two podium. A lap pool will run along the northern edge of the building and will sit next to a pool deck, a spa and ice bath area, a gym, a kids play area, and a work from home space with a meeting room.&nbsp;There will also ba a private dining space with outdoor terrace on the ground level.

Immerse secured the amalgamated 2,026 sqm double-block earlier this year. The site is occupied by two two-level qwalk ups, Giraween and Caribbean, dating back to the mid 1970s. They comprise 14 apartments in total. 
<img alt="Kirra" data-entity-type="file" data-entity-uuid="9e83139f-7614-4dab-b027-bd87f953d0f0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-04-02%20at%202.49.47%E2%80%AFPM.png?VersionId=nQXnpNrdQmXuaMAj7hZ_ou7dXaWxsa_r" />

Immerse is currently developing <a href="/new-apartments/rhythm-kirra-hill-30-garrick-street-coolangatta-qld-4225">Rhythm Kirra Hill</a>, just 850m away from the new development on Garrick Street. Rhythm has sold the majority of its 40 one, two and three-bedroom apartments, which will be completed later this year.

Immerse and Greyburn have become quite the formidable development partners in recent years.

As well as Rhythm, Immerse&nbsp;is currently developing&nbsp;Ombre Robina, which will finish construction this summer. They also have another site in Kirra, on McLean Street, which is approved for 58 apartments across a 17-level building.

Greyburn is building both of Immerse's projects, as well as <a href="/new-townhouses/capri-villas-81-salerno-street-isle-of-capri">Capri Villas</a> on Isle of Capri, which is nearly complete, and the first stage of Lewis Land's 16-hectare Biggera Waters masterplan, <a href="/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters">Harbour Shores</a>.

Kirra was one of the success stories for new apartment developments even before COVID hit Australia. The launch of Miles Residences by KTQ at the end of 2019 started a wave of demand, from both local and interstate developers and both local and interstate buyers at both ends of the market.

First look: Immerse Projects plan new apartments at Kirra Beach

There’s nothing quite like a new penthouse listing.

Beachfront apartment developments, particularly at the southern end of the Gold Coast, are incredibly rare. This makes the penthouses that crown developments like <a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">PIPIS</a> even more unique.

Developer <a href="/developers/siera">SIERA</a> has been working toward the completion of the luxury 11-level Golden Four Drive development, located on the sands of Bilinga Beach. They are anticipating welcoming residents at the end of 2025. Now, they've released a first look inside the luxury two-level penthouses, which are expected to set a new apartment record for this quiet beachside suburb.

Each penthouse spans 446 sqm of internal and external living space across the top two levels of the Ellivo Architects-designed building.

The PIPIS Penthouse Collection is defined by high-end finishes, including natural stone, Navurban Balmoral and Plytec Blossom joinery, woodcut white-oiled natural timber, wool-textured loop carpet, and handmade feature tiles.

A sculptural spiral staircase serves as a striking focal point, complemented by a private lift offering seamless access between levels.

[smartcode_project:default project_id=138311 project_image_fid=341447]

Floor-to-ceiling windows wrap almost entirely around the penthouses, framing panoramic views of the coastline. Each residence has been designed for indoor-outdoor living with four balconies and two entertainment areas, one of which is positioned on the rooftop and will be home to a private plunge pool with a sun deck.

The kitchens are appointed with premium appliances, including an induction cooktop, combination steam oven, speed oven, ZIP tap, InSinkErator, built-in coffee machine, and a butler’s pantry with a wine cellar.

The penthouses offer four spacious bedrooms, one of which is an expansive master suite with a walk-in wardrobe and ensuite.

Each penthouse includes four secure car spaces with EV charging, dedicated bike and surfboard storage, and a full-size laundry with an outdoor drying court.

[smartcode_project:default project_id=138311 project_image_fid=264308]

PIPIS comprises just 17 half-floor apartments, as well as the two penthouses.

Residents of PIPIS will have access to a range of private ground-floor amenities, including a 15-metre heated lap pool with a sun lounge deck, a fully equipped gym with rowing, biking, and reformer Pilates facilities, as well as an outdoor rain-head shower and dog wash station.

PIPIS has been popular with owner-occupiers, downsizers, and investors from both Brisbane and the Gold Coast, while a handful of buyers have come from outside Sydney and Melbourne.

The highest settled sale price for an apartment in Bilinga is $4.6 million, in the recently completed Si Bilinga block, just a few doors down from PIPIS.

[smartcode_project_cta:default project_id=138311]

PIPIS has been popular with owner-occupiers, downsizers, and investors from both Brisbane and the Gold Coast, while a handful of buyers have come from outside Sydney and Melbourne

PIPIS penthouses turn heads in Bilinga

The value growth in the unit market on the <a href="/developments/gold-coast-qld">Gold Coast</a> is starting to slow a touch, after a bull run that has stretched over five years.

Unit values rose 0.3 per cent in March, according to CoreLogic's Home Value Index, to reach a new record-high median of $836,000.

While still growing in value, the gains are softer than the 0.6 per cent growth in February and 0.5 per cent in January.

The&nbsp;<a href="/developments/gold-coast-qld">Gold Coast</a>&nbsp;unit market has been one of the best-performing in the country over the last five years. From the start of 2020 to the end of 2024, the median value of a unit has jumped 78 per cent, from $465,000 to $832,000.

<h2>What happened in the Gold Coast’s off the plan apartment market in March?</h2>

The Gold Coast off the plan unit market saw an increase in buyer demand in March.

Enquiries rose by 13 percent in March compared to February. Excluding January's large spike in enquiries, the March figures were the highest they’ve been in the past 12 months.

Views of Gold Coast projects in Q1 2025 were the highest since Q2 2023, with Surfers Paradise, Main Beach, and Palm Beach capturing the lion's share of the views.

Ashwin Property Director Tony Ashwin has seen strong demand in the northern Gold Coast at Kelyin and Kinstone's latest waterfront release in their Serentiy 4212 masterplan in <a href="/developments/helensvale-qld-4212">Helensvale</a>.

The new release,&nbsp;<a href="/new-townhouses/serenity-lakeside-villas-helensvale-6-lake-serenity-boulevard-helensvale-qld-4212">Lakeside Serenity 4212</a> Waterfront Villas, comprises just&nbsp;16 absolute waterfront homes, each with direct water access and a private pontoon.

[smartcode_project:default project_id=149142 project_image_fid=324622]

The four-bedroom residences, featuring premium finishes and expansive lake views, have drawn significant interest from both local downsizers and Brisbane buyers seeking a coastal lifestyle with easy city access.&nbsp;

“The northern suburbs of the Gold Coast are in extremely high demand,” Ashwin says, highlighting that Helensvale is central to this growth.

“Helensvale is the only Gold Coast suburb with both heavy and light rail connections, offering residents easy access to Brisbane and the rest of the Gold Coast.”

[smartcode_project:default project_id=149142 project_image_fid=324623]

<a href="/builders/resort-homes">Resort Homes</a>&nbsp;is well advanced in construction of the homes, which will be ready for occupancy in Q3 2025.

&nbsp;

Read more:&nbsp;<a href="/news/qld/high-demand-and-limited-supply-in-northern-gold-coast-drives-buyers-to-helensvales-lakeside-serenity-villas">High demand and limited supply in Northern Gold Coast drives buyers to Helensvale's Lakeside Serenity Villas</a>

Construction is also gathering steam at DD Living's popular&nbsp;<a href="/new-apartments/burly-residences-north-burleigh-264-268-the-esplanade-burleigh-heads">Burly Residences</a> in North Burleigh. The luxury beachfront development will comprise just over 100 high-end apartments, introducing a new standard of residential amenities to the area.&nbsp;

Designed by renowned Japanese architect <a href="/architects/koichi-takada-architects">Koichi Takada</a>&nbsp;with interiors by <a href="/interior-designers/mim-design">MIM Design</a>, Burly Residences will offer two, three, and four-bedroom apartments alongside two levels of six-star resort-style amenities. These include multiple swimming pools, a gym with a Peloton room, and private dining areas.

[smartcode_project:default project_id=134791 project_image_fid=328212]

Gowdie Management Group is handling the construction of Burly Residences and is expecting to complete the build in 2027.

Read more:&nbsp;<a href="/news/qld/construction-commences-at-devines-luxury-burleigh-tower-burly-residences">Construction commences at Devine's luxury Burleigh tower, Burly Residences</a>

The pipeline of new apartments was also topped up in March. The most impressive plans came from <a href="/developments/main-beach-qld-4217">Main Beach</a> where&nbsp;<a href="/developers/gdi-group">GDI Group</a>&nbsp;is planning a luxury apartment development on Cunningham Avenue.

<img alt="First look: GDI Group plot two-level apartments in Main Beach" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Cunningham.png?VersionId=O8Zo4guRXRsWLaxXreN8Xix7ySPEPKo0" />

Approaching completion of their Drift Residences nearby, GDI Group is planning a 23-level building with just 10 two-level apartments, each featuring three bedrooms on the lower level and an open-plan kitchen, living, and dining area on the upper level.

Amenities will include a wellness centre and a pool, with Bureau Proberts designing a contemporary addition to Main Beach’s evolving skyline.&nbsp;

GDI is expected to oversee construction, having brought the build for Drift Residences in-house, a popular choice for developers in the current build environment.

Read more:&nbsp;<a href="/news/qld/first-look-gdi-group-plot-two-level-apartments-in-main-beach">First look: GDI Group plot two-level apartments in Main Beach</a>

Another builder-developer, the Brisbane-based <a href="/developers/bpg-developments">BPG Developments</a>,&nbsp;also has a new project on the horizon.

They are planning a return to the <a href="/developments/palm-beach-qld-4221">Palm Beach</a>&nbsp;with a 14-level tower on a double-block site across the Gold Coast Highway and a prized entry from Jefferson Lane.<img alt="First look: BPG Developments returns to Palm Beach new apartment market" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/gold%20coast%20da.png?VersionId=2WnKIURE0J1ceRTfRntCUamzdrHV0DxR" />

The new development will include 71 two- and three-bedroom residences, three two-level townhouses, and resident amenities such as a pool and wellness space. Designed by <a href="/architects/plus-architecture" target="">Plus Architecture</a>, the project draws inspiration from Queensland’s coastal vernacular.&nbsp;

Situated next to the recently completed Village Palm Beach and near other upcoming projects, this development will add to the growing apartment supply in the sought-after Palm Beach market.

BPG completed Sable on Palm Beach, just up the road, in 2019.

Read more:&nbsp;<a href="/news/qld/first-look-bpg-developments-returns-to-palm-beach-new-apartment-market">First look: BPG Developments returns to Palm Beach new apartment market</a>

From the start of 2020 to the end of 2024, the median value of a unit on the Gold Coast has jumped 78 per cent, from $465,000 to $832,000.

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