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

Bassar Group's penchant for Broadbeach development is set to continue with its latest apartment play.

Bassar, led by Leo Sarris and Simon Bassil, has filed plans with the Gold Coast City Council for a 33-level tower with 56 half-floor apartments on Anne Avenue, similar to their successful Infinity project which they completed around the corner in 2023 on Surf Parade.

The <a href="/new-apartments/avva-19-anne-avenue-broadbeach">new tower, Avva</a>, the Greek translation for Anne which reflects Sarris' heritage, will feature a range of amenities on the podium levels, from a lap pool with day beds to a wellness area with a gym, yoga deck, hot and cold plunge, and a sauna and steam room.

Leo Sarris, Bassar Group Director, said the conditions are right for their next installment of luxury in <a href="/developments/broadbeach-qld-4218">Broadbeach</a>.

"We're excited to announce the next Bassar tower following on from Infinity which sold out before construction completion," Sarris says. They've kept the same design team, with BDA again on board.

"Avva is an edgier and more contemporary cousin to Infinity."

<img alt="Bassar" data-entity-type="file" data-entity-uuid="022a60d0-d41f-4bb6-a1d2-b5fa874fe134" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-02-28%20at%202.04.28%E2%80%AFPM.png?VersionId=mbXzqdPl9Imy2oiTpptYLOiby5RCbSod" />

Sarris says it's all about finding that sweet spot for both the developer and purchasers.

"We're targeting to provide a product that ticks boxes for location and local amenity to suit our buyers, but also being as simple as possible when it comes to design. If we simplify the design process, and give buyers what they need and not overdo it with unnecessary additional costs, we can then offer a competitive price point.

"We'll still be having large 166 sqm internal floorplans with three bedrooms, with just two apartments per floor. We know that's what our type of buyer wants after delivering Infinity."

When comparing to the COVID boom which Bassar benefitted from when they were marketing Infinity, Sarris says the landscape on the Gold Coast is now very different.

"Buyers are more savvy now," Sarris says.

"There was a time when buyers would pay anything to get into the Gold Coast market. Now, with the cost of living and increased interest rates, it's not as easy, so you really need to hit the sweet spot in terms of design which then informs the price you can sell the apartment for."

<img alt="Bassar" data-entity-type="file" data-entity-uuid="aa2656d9-19db-4677-9d44-9c06f9042ee1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-02-28%20at%202.28.01%E2%80%AFPM.png?VersionId=BZmL26GBIFeWWs8SCC_e7Zf4SD4Lhkrh" />

Sarris still expects some interest from the southern states, however acknowledging that demographic won't be as prevalent as it was several years ago. Local buyers are likely to dominate sales.

BDA Architecture, who designed Infinity, has been in charge of the architecture for the new project.

They said the new "modernist-inspired tower&nbsp;adopts an angular expression to its form."

<img alt="BDA" data-entity-type="file" data-entity-uuid="e8cc038c-7cff-4adb-8827-dc4fc9bfc1f9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-02-28%20at%202.32.06%E2%80%AFPM.png?VersionId=CR58MXSiw4UE2OsET8AH2l0FAPb1DhCd" />

"The tower floor plan is shaped to create striking oblique spatial expression. The tower form offers visually interesting angles to passers-by. The movement and angles reflect the subtle angles of the coastal context."

The new tower at 19 Anne Avenue will replace the 1970s MaxMar apartment block.

GV Property Group's Luke Reaby put the 1,032 sqm site together, amalgamating eight individual owners in the original two-level walk-up.

Leo Sarris, Bassar Group Director, said the conditions are right for their next instalment of luxury in Broadbeach

First look: Bassar Group plot next Broadbeach tower

Summary:

<ul>
	<li>Daniel Clarke, General Manager of Sherpa Property Group, joined us at the display suite to discuss Flourish on Sixth</li>
	<li>The Palm Beach development offers a rooftop wellness and dining amenities</li>
	<li>Construction starts in March, with completion expected in early 2027</li>
</ul>

<hr />
Sherpa Property Group’s latest development, <a href="/new-apartments/flourish-on-sixth-ave-6-12-sixth-avenue-palm-beach">Flourish on Sixth</a>, is set to bring a new wave of apartment living to Palm Beach under the developer’s newly launched Flourish brand.&nbsp;

Positioned at 6-12 Sixth Avenue, just 200 metres from the beach, Flourish on Sixth Avenue is giving prospective Palm Beach buyers an opportunity to buy into the suburb that has been dominated by luxury apartments for the last few years.

Daniel Clarke, General Manager of <a href="/developers/sherpa-property-group">Sherpa Property Group</a>, recently joined us at the display suite to provide insight into the project.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/GxJHrhRQYHI?si=e9hBCYRtjDLttLG6" title="YouTube video player" width="560"></iframe>

“Flourish on Sixth represents the first new development in our Flourish brand,” Clarke said. “It aims to give a wide variety of buyers the opportunity to buy in some of Gold Coast’s best locations.”

The remaining two-bedroom apartments start from $1.18 million, while three-bedroom apartments are priced from $1.61 million. Clarke noted that few developments in <a href="/developments/palm-beach-qld-4221">Palm Beach</a> offer such competitive price points and price per square meter rates.

[smartcode_project:default project_id=146527 project_image_fid=311562]

One of the standout features of Flourish on Sixth is its extensive rooftop amenity, designed to offer residents a premium lifestyle experience.

“We position the majority of our communal facilities on the rooftop,” Clarke explained. &nbsp;

“We’ll be creating a wellness centre with a 15-metre heated swimming pool, private cabanas, a sauna, a steam room, a gym, and both hot and cold plunge pools.”&nbsp;

The rooftop will also feature private dining spaces, a fully equipped chef’s kitchen, a residents’ lounge, and barbecue and pizza oven areas.

[smartcode_project:default project_id=146527 project_image_fid=306037]

Flourish on Sixth marks Sherpa’s fifth development in Palm Beach in as many years, reinforcing the developer’s commitment to the area.

Just 200 meters from the sand at Palm Beach and the popular surf club, Clarke emphasised the strategic positioning of the project, tucked away from the Gold Coast Highway while still benefiting from connectivity to key amenities.&nbsp;

“The light rail is extending right down to the airport, which will give Flourish residents unparalleled access north to Broadbeach and south to Coolangatta."

Construction is set to commence in March with LPS Group, and residents are expected to move in by early 2027.

[smartcode_project_cta:default project_id=146527]

Construction of Flourish on Sixth set to commence in March with LPS Group, and residents are expected to move in by early 2027.

Inside Flourish on Sixth Ave, Palm Beach's latest new apartment development: Urban Display Suite Tour

In the 21st century, there are several key priorities on the wishlist of a luxury off the plan apartment buyer.

The three most important factors tend to be apartment size, viewlines, and amenity. For those willing to spend over $5 million, price becomes less of a concern, with these three elements taking precedence.

Local builder-developer <a href="/developers/alroe-constructions">Alroe</a> has prioritized all three at its latest Gold Coast apartment development, <a href="/new-apartments/lune-main-beach-19-21-rankin-parade-main-beach-qld-4217">Lune Main Beach</a>.

Currently under construction and set for occupancy in mid-2025, Lune will feature just six half-floor apartments, making it the most boutique development to come to <a href="/developments/main-beach-qld-4217">Main Beach</a> in years.

Alroe's efforts in creating something unparalleled in the local market has resonated with buyers, with three of the six apartments already snapped up

<h2>Apartment Size</h2>

Pitched as more like villas due to their expansive size, the apartments at Lune start from just shy of 320 sqm, setting a new benchmark for the Main Beach market at just over $15,000 per sqm. For comparison, Bondi Beach regularly sees price-per-square-metre rates comfortably above $60,000, with some properties recently fetching over $100,000 per sqm.

[smartcode_project:default project_id=146373 project_image_fid=297485]

The largest apartments available at Lune offer a generous 340 sqm of living space, designed for those who seek luxury, comfort, and privacy.

Each apartment includes three bedrooms, each with private dressing zones and accompanying en suites. There was a conscious effort to maximise outdoor space at Lune. Two of the ground floor apartments each have expansive landscaped courtyards, offering the largest footprints within the building, while the other four apartments have a Broadwater-facing balcony off the living area and a rooftop terrace accessible by a lift.

<h2>Amenity</h2>

While amenity spaces are often overlooked in smaller boutique developments given there are fewer apartments to service, Alroe has found a unique way to integrate them without following the traditional model.

Instead of a shared communal space, each apartment features its own private swimming pool, ensuring exclusivity and convenience.

[smartcode_project:default project_id=146373 project_image_fid=297492]

Each apartment also boasts its own outdoor kitchen, complete with a barbecue, and an adjoining alfresco area—perfect for entertaining or simply enjoying the view in privacy.

<h2>Views</h2>

In the high-end market, viewlines are incredibly important. For many buyers, the risk of a view being blocked by future development can be a significant deterrent. Alroe took great care in selecting the perfect location for Lune.

Main Beach’s development is primarily oriented toward the east, near the beach and Main Beach Parade.

However, Alroe strategically selected a site on the corner of Rankin Parade and Peak Avenue, positioned toward the quieter, western side of Main Beach. The corner site has no neighboring buildings to the west, providing residents with never-to-be-built-out views toward Broadwater and Pelican Beach, both just a few minutes walk away.

[smartcode_project:default project_id=146373 project_image_fid=297482]

In addition to the uninterrupted views, Lune offers a wealth of other benefits, including a short walk to Tedder Avenue, the beating heart of Main Beach with a variety cafes, restaurants, and shops.

Prices at Lune start from just under $5 million, and the apartments have already proven popular with both downsizing locals and buyers from Sydney.

[smartcode_project_cta:default project_id=146373]

How Alroe has ticked off three must-haves for luxury apartment buyers at Lune Main Beach

Summary:

<ul>
	<li>71 Garfield by Iris Capital is located on Surfers Paradise’s exclusive Garfield Terrace with direct beach access</li>
	<li>The development offers uninterrupted ocean views and proximity to both Surfers Paradise and Broadbeach</li>
	<li>Residents have access to major shopping, dining, and entertainment hubs, including Pacific Fair and Cavill Avenue</li>
	<li>Well-connected via the G:Link light rail and Gold Coast Highway, with schools and hospitals nearby</li>
</ul>

<hr />
Garfield Terrace has long been one of Surfers Paradise’s most sought-after addresses, but due to limited development over several decades, it has&nbsp;remained largely inaccessible to many buyers seeking to own a piece of this beachfront strip, partly due to the lack of wanting to sell on the beach, part the original apartments don't cater for modern day living.

The 500-metre stretch of street facing Northcliffe Beach has been home to small, original walk-up blocks, many of which contain only a few apartments and date back to the 1960s.

Following the pandemic-fueled boom on the Gold Coast, land on Garfield Terrace has become a highly coveted commodity, with long-term unit owners seeing the value of their seven-decade-old apartments soar due to their prime location.

Sydney-based developer <a href="/developers/iris-capital">Iris Capital</a>, the developer behind the billion-dollar Victoria &amp; Albert in Broadbeach, was determined not to miss the opportunity to be part of the area's transformation.

In 2021, they acquired The Premiere, a block of just six apartments within an eight-level building built in the late 1980s. The true value of the site lay in its 865 sqm footprint, boasting 20 meters of beach frontage.

Iris, headed by billionaire property developer and hotel mogul Sam Arnaout, waited patiently before unveiling their plans, ensuring they were offering the very best development on the coveted beachfront strip.

Late in 2021, they submitted plans for a new development, which received approval in mid-2022. After a three-year journey, the project culminated in the launch of <a href="/new-apartments/71-garfield-surfers-paradise-71-garfield-terrace-surfers-paradise-qld-4217">71 Garfield</a>—a collection of 52 exclusive apartments, with prices starting from $2.275 million. This is an extremely rare offering on this highly sought-after street.

It is an exceptional opportunity to purchase a new two-bedroom apartment in a dress-circle location. Most beachside apartments, not only in Surfers but also stretching down the coast to Burleigh and Palm Beach, are priced much higher and typically feature three or more bedrooms.

[smartcode_project:default project_id=110713 project_image_fid=317236]

While Garfield Terrace is a relatively short street, meaning future residents will be in touching distance of everything Surfers has to offer no matter where you are on the street, 71 Garfield offers some unique advantages.

<article data-scroll-anchor="true" data-testid="conversation-turn-3" dir="auto">
To the south lies Monterey Apartments, another original low-rise building with just a handful of units. It has not yet been acquired by a developer, and given the recent development activity on the beachfront, the fact that it has not been purchased suggests it may remain as is. The building also sits on just over 600 sqm, making it challenging for developers to replace it with a larger apartment block.

While anything is possible in the world of development, if Monterey is never developed, the residents of 71 Garfield will have unobstructed views south, not only from the upper levels of the tower but also from the lower floors.

[smartcode_project:default project_id=110713 project_image_fid=317232]

The apartments at 71 Garfield will sit privately above part of the 30-kilometre Jubilee Walkway, which was completed in 2022. The scenic path connects Philip Park at Main Beach (named after Prince Philip) to Queen Elizabeth Park in Coolangatta. Along the walkway are 70 bronze markers, each representing one of Queen Elizabeth's years as monarch.

Iris Capital has thoughtfully integrated the beachside location into the building design, ensuring residents take full advantage of direct access to the beach. They’ve even added a dedicated shower bay at the base of the building, perfect for rinsing off sand before heading back indoors.

Residents will have direct access to both the beach and the walkway, with amenities like the pool and gym strategically positioned to offer views of the beach and beyond.

[smartcode_project:default project_id=110713 project_image_fid=317237]

Located less than 300 meters from the Northcliffe G:Link station, 71 Garfield&nbsp;also offers unrivaled connectivity to the rest of the Gold Coast.

The light rail station currently runs to Broadbeach to the south and Helensvale to the north, a station which is also a stop on the way to Brisbane. Future extensions of the G:Link will extend to Burleigh Heads and eventually to Coolangatta, passing by the Gold Coast Airport, providing convenient light rail access to the entire region.

[smartcode_project:default project_id=110713 project_image_fid=317234]

71 Garfield will comprise 52 two, three, and four-bedroom apartments, as well as a three-level, five-bedroom penthouse with a private rooftop terrace and a two-level, four-bedroom beach house complete with its own pool. The majority of apartments offer spacious layouts with premium finishes, all designed to maximize the views and the beachfront location.

According to DBI Architects, who submitted the plans to the Gold Coast City Council, 71 Garfield is “designed exclusively for the coastal environment,” moving away from smaller units and embracing the demand for larger apartments. The project aims to elevate the area with a new level of coastal sophistication.

"Iris Capital is set to deliver a new breed of building, combining subtropical principles, fashion-inspired design, and a sky-living experience," DBI stated.

Construction of 71 Garfield will be managed by Iris Capital’s own construction arm, Iris Built, with work slated to begin in 2025. The project is expected to be completed by 2028, offering a truly exclusive, beachside living experience like no other.
</article>

[smartcode_project_cta:default project_id=110713]

The unrivalled dress circle location of 71 Garfield apartments

Summary:

<ul>
	<li>The Crisafulli Government has announced abolishing stamp duty on new homes for first home buyers, will be the first priority of Parliament 
	&nbsp;</li>
	<li>The Revenue Legislation Amendment Bill 2024 to be the first piece of legislation debated in the Parliament, delivering major cost of living relief to Queensland first home buyers.&nbsp;&nbsp; 
	&nbsp;</li>
	<li>Abolishing stamp duty is a key commitment to deliver a Fresh Start for Queensland and restore a place to call home for more&nbsp;Queenslanders, easing the Housing Crisis.&nbsp;&nbsp;</li>
</ul>

<hr />
The Crisafulli Government has announced abolishing stamp duty on new homes for first home buyers will be the first action of Parliament this year, delivering major cost of living relief to Queenslanders.&nbsp;&nbsp;

The move will pave the way for thousands of first home buyers to save on upfront transaction costs, unlocking home ownership for more Queenslanders while also boosting housing supply across the State.&nbsp;

In the last decade, Queenslanders were locked out of the housing market with the state recording the lowest rate of home ownership of any state in the nation.&nbsp;

Abolishing stamp duty on new homes for first home buyers is just one of the actions the Crisafulli Government is taking to boost home ownership, including unlocking underused church and charity owned land for community housing, removing restrictions preventing first home buyers renting out rooms and kickstarting new development with a $2 billion investment in housing infrastructure.&nbsp;

A first home buyer purchasing a new house and land package in Toowoomba at the median price could save $24,730.&nbsp;

First home buyers would save $29,500 when purchasing a new build at the median price in Brisbane east, while in Logan-Beaudesert, they would have keep $6960 in their pocket.&nbsp;

Premier David Crisafulli said every Queenslander should have a place to call home.&nbsp;&nbsp;

“We are unlocking more homes for more Queenslanders, more quickly,” Premier Crisafulli said.&nbsp;&nbsp;

“For far too long, stalling housing approvals and skyrocketing housing prices have shut the door on Queenslanders walking into their own home.&nbsp;

“For the past decade, the dream of home ownership has become a nightmare for Queenslanders.”&nbsp;

Treasurer and Minister for Home Ownership David Janetzki said the LNP would put Queensland back on top of the home ownership ladder within a decade.&nbsp;&nbsp;

“Queenslanders are losing hope in the Great Australian Dream of home ownership and the situation has never been more dire for young people wanting to purchase their first home,” he said.&nbsp;

“Never before have so many young Queenslanders wanted to own a home, and never before have so many believed it is out of reach.&nbsp;

“The Crisafulli Government is delivering a fresh start for Queensland, and we are boosting housing supply to increase Queensland home ownership rates.&nbsp;

“Scrapping first home buyer stamp duty on new builds provides real savings and puts the Great Australian Dream back within reach.”&nbsp;

First home buyers to pay no stamp duty on new property in QLD Gov shakeup

The first box that many prospective home buyers tick is location. It’s often the first filter used when browsing property listing websites.

However, it’s essential to look beyond the suburb level. The location of a property within a suburb can vary dramatically, and it’s only by going deeper that buyers can truly appreciate the benefits of being in a prime spot.

Gold Coast developer <a href="/developers/sixty-sticks">Sixty Sticks</a> is shaking things up in Southport, an area where new developments have traditionally centered around the heart of the suburb. They’ve secured a prime park-facing site on Brighton Parade for their newly launched <a href="/new-apartments/brighton-on-the-park-southport-28-brighton-parade-southport">Brighton on the Park</a>&nbsp;development, offering a unique location that offers a superior lifestyle experience.

The new development of just 12 luxury apartments will sit across the road from James Overell Park. It has been designed to take advantage of its location, with each apartment offering never-to-be-built-out views over the park, famous Gold Coast waterways, and across the Nerang to the city skyline.

[smartcode_project:default project_id=138113 project_image_fid=209673]

&nbsp;

&nbsp;

James Overell Park provides a green respite for residents looking to enjoy outdoor activities on its sports field, half-size basketball court, playground, picnic facilities and dog off-leash exercise area.

&nbsp;

The development is also strategically located close to&nbsp;top-tier educational institutions like The Southport School (TSS) and St Hilda’s School.

[smartcode_project:default project_id=138113 project_image_fid=209672]

While located outside&nbsp;<a href="/developments/southport-qld-4215">Southport</a>&nbsp;CBD, future Brighton on the Park residents will be just a three-minute drive is&nbsp;The Brickworks Centre, a lively shopping destination featuring the renowned Ferry Rd Market, known for offering some of the Coast's finest fresh produce, meats, seafood, and deli items.

The CBD is about three kilometres away, offering further&nbsp;shops, cafes, and essential services. The light rail, which heads runs south toward Broadbeach and north toward the Gold Coast University Hospital, is just a five-minute drive.

[smartcode_project:default project_id=138113 project_image_fid=209680]

&nbsp;

Sixty Sticks have already completed some preliminary site preparation for the six-level building which will have just two house-sized apartments per floor. Each apartment starts from nearly 250 sqm.

Crowning the building will be a resident amenity level with a rooftop pool with sun-drenched day beds, a fully equipped gym, and multiple lounge areas.

[smartcode_project:default project_id=138113 project_image_fid=209308]

Demolition of the existing house on the property will begin shortly, with construction expected to start in Q1/Q2 2025. The build is anticipated to take around 14 months, as the project will not require excavation for basement parking, which typically adds significant time to the timeline.

With construction on track, buyers can expect to move in by mid-2026.

&nbsp;

[smartcode_project_cta:default project_id=138113]

Southport's only new parkside apartment development: The prime location of Brighton on the Park

Sunset Boulevard in Surfers Paradise is a surprisingly untapped new development strip in Surfers Paradise. Surprising because it fronts the river and its neighbouring streets also don't have any high-rise apartment buildings of note which allows for unonbstructed views to the west, over the river, and back to the <a href="/developments/surfers-paradise-qld-4217">Surfers Paradise</a> skyline.

Roy Skaf's&nbsp;Macquarie York were the first to identify the riverfront street as a prime spot for a new apartment tower. In April last year they secured approval for&nbsp;<a href="/new-apartments/sunset-residence-50-sunset-boulevarde-surfers-paradise">Sunset Residences</a>, 43 apartments across a 17-level tower&nbsp;50 Sunset Boulevard.

Then in November, Sydney-based developer YHY Group filed plans a few doors down for a tower which <a href="/news/qld/first-look-the-gold-coasts-largest-penthouse-pitched-for-new-surfers-paradise-tower">proposes the Gold Coast's largest ever penthouse</a>.&nbsp;

Now there are more plans for new apartments on the busy street. A private developer has submitted plans for a 17-level tower with 30 two, three and four-bedroom apartments at <a href="/new-apartments/15-sunset-boulevard-surfers-paradise">15 Sunset Boulevard</a>, just two apartments per floor.

<img alt="15 Sunrise Boulevard Surfers Paradise" data-entity-type="file" data-entity-uuid="50fd8506-b39a-43fc-a29f-31583e8eaec4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/15%20Sunrise%20Boulevard%20side.png?VersionId=eVAW8ThKWtASfC.pJB60XTxDhv0rVbIS" />

Designed by <a href="/architects/bda-architecture">BDA Architecture</a>, the apartments incorporate large balconies intended to function as outdoor living areas, maximising natural ventilation and light.&nbsp;

BDA noted in their submission to the Gold Coast City Council that the&nbsp;project offers the opportunity to design an innovative architectural building and provide a higher residential density development to this central pocket of Surfers Paradise.

"The 17-storey residential apartment building is a modern take on the surrounding apartment buildings of the 70’s. With a refined façade and architectural language this building provides a welcome addition to this emerging pocket of Surfers Paradise."

Two recreational areas have been proposed: one on the rooftop of the 60-metre building and one on level 16. Level 16 will feature a gym, while the rooftop will offer a pool, hot and cold plunge pools, a fire pit, and seating areas.

<img alt="15 Sunrise Boulevard Surfers Paradise rooftop" data-entity-type="file" data-entity-uuid="0aecd442-128f-4ce0-b659-4069198b7329" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/15%20Sunrise%20Boulevard%20rooftop.png?VersionId=8qmlXmdrbsZnKVL1wmuPsT6uRHbt76Oa" />

The 688 sqm site is located along a canal, providing waterfront views towards the HOTA precinct and the Surfers Paradise skyline.&nbsp;

It is zoned for high-density residential development with no height limit, aligning with the area's ongoing urban renewal.&nbsp;

First look: Surfers Paradise riverfront set for more new apartments

The $500 million 26 Vista Surfers Paradise apartment development by Malaysian construction and development company&nbsp;<a href="/developers/mrcb">MRCB International</a>, has continued to impress buyers.

They've now sold 70 per cent of the 280 apartments and townhouses in the sustainability-focused building named after its location on Vista Street.

“<a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a> offers the ultimate coastal lifestyle, and as such has attracted very strong interest from locals wanting to live there and interstate buyers wanting to get a foothold in a hot Gold Coast Market,” says Matt George from project marketer Urban Activation.

“The diverse mix of buyers we’ve seen investing in this development stands as a testament to the superior product that is being offered. 26 Vista is truly the gold standard for coastal living, with its thoughtfully considered design and its commitment to providing residents with five-star luxury in sub-tropical surrounds.”

[smartcode_project:default project_id=112730 project_image_fid=319148]

26 Vista will offer a unique array of three-level terraces, one, two, three and four-bedroom apartments and a swell of communal amenities.

Club Vista will span the whole of the fourth level and will feature wellness and&nbsp;recreation facilities, including a lap pool, spa, outdoor lounge areas, gym, sauna steam room, yoga deck, cinema room, games room and resident’s lounge.

Taking amenities to sky heights, the rooftop terrace will have 360-degree views stretching from the ocean to hinterland ranges.

[smartcode_project:default project_id=112730 project_image_fid=211252]

On Level 51, Stratos will provide residents with both indoor and outdoor lounges, complete with a fireplace area.

Exclusively for Alto Collection Residences, Alto on Level 51 offers a private indoor lounge and dining room, along with an outdoor fire pit and plunge pool.

[smartcode_project:default project_id=112730 project_image_fid=211251]

“Buyers have loved that they don’t feel the pinch of downsizing and that their sacrificing space, rather, their new residences and the spectacular amenity offerings provide them with more than they could imagine," George added.

“We’re thrilled to see such an outstanding buyer response, and given the rate with which the apartments and townhouses have been purchased, we’re expecting the remaining residences to have as strong of an uptake.”

[smartcode_project_cta:default project_id=112730]

26 Vista will offer a unique array of three-level terraces, one, two, three and four-bedroom apartments and a swell of communal amenities

26 Vista Street, Surfers Paradise apartment development, hits 70 per cent sold

Following another strong year for the <a href="/developments/gold-coast-qld">Gold Coast</a>&nbsp;unit market, values look like they are going to continue to rise in 2025.

CoreLogic's Monthly Home Value Index reveals that units—comprising both apartments and townhouses—rose by 0.5 per cent in January, building on a <a href="/news/qld/city-beat-december-2024-gold-coast-unit-values-grow-over-nine-per-cent-in-2024-but-ends-with-cooling-market">nine per cent growth in 2024</a>.

The median unit value on the Gold Coast has now reached $829,000. If compared to capital city unit markets, it would only sit behind Sydney's median ($857,000).

<h2>What happened in Gold Coast’s off the plan apartment market in January?</h2>

It was a strong start to the year in the Gold Coast off the plan apartment market.

While there was little movement in terms of new projects either launching or going through the apporval process, demand for off the plan apartments is approaching 12-month highs.

Enquiry in January 2025 was at its highest point since February 2024, led by increased demand in the likes of <a href="/developments/coolangatta-qld-4225">Coolangatta</a>, <a href="/developments/biggera-waters-qld-4216">Biggera Waters</a>, and <a href="/developments/runaway-bay-qld-4216">Runaway Bay</a>.

Interest in Runaway Bay was sparked by the launch of <a href="/new-apartments/aqualis-runaway-bay-20-24-oatland-esplanade-runaway-bay">Aqualis</a>,&nbsp;just 18 luxury three and four-bedroom apartments on Oatland Esplanade, capitalising on the suburb’s limited supply of new apartments.&nbsp;

[smartcode_project:default project_id=29985 project_image_fid=316717]

Designed by <a href="/new-apartments/aqualis-runaway-bay-20-24-oatland-esplanade-runaway-bay">XL Architecture</a>, Aqualis apartments offer expansive living spaces with floor-to-ceiling glass windows and doors, ensuring uninterrupted views over the Broadwater.&nbsp;

The development will also have a swimming pool, gym with sauna, and&nbsp;a residents-only marina with 12 berths and additional jet ski docks.

[smartcode_project:default project_id=29985 project_image_fid=316718]

<a href="/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters">Harbour Shores</a> has continued to lead buyer enquiry in Biggera Waters as the suburb's only new development.&nbsp;

<a href="/new-apartments/holm-rainbow-bay-44-50-eden-avenue-coolangatta">Holm Rainbow Bay</a> by <a href="/developers/chapter-two">Chapter Two</a> has dominated enquiry in Coolangatta. The development, under construction by Groupline, comprises just 87 apartments on Eden Avenue with a rooftop pool looking across Rainbow Bay.

Buyers have jumped at the $1.5 million two-bedroom apartments, as well as as the $3.25 million three-bed apartments.

[smartcode_project:default project_id=109905 project_image_fid=209082]

January saw more than just a surge in enquiries; views of Gold Coast projects hit an 18-month high, driven by both local and interstate buyers.

<a href="/developments/surfers-paradise-qld-4217">Surfers Paradise</a> experienced a notable rise, with project views reaching a 12-month peak.

The next development to launch in Surfers Paradise is <a href="/new-apartments/exhale-surfers-paradise">Exhale by Siera</a>, the developer’s third Gold Coast project in as many years.

Exhale, ideally located on Enderley Avenue just off Northcliffe Beach, will feature 54 apartments in a striking building designed by BDA Architects.

[smartcode_project:default project_id=112661 project_image_fid=283239]

In terms of buyer interest, the $1.5 million to $2 million price range was the most popular in January 2025, with enquiries nearly doubling the 2024 average in this bracket.

The $2 million to $2.5 million range also saw its highest level of activity in the past 12 months.

Enquiry in January 2025 was at its highest point since February 2024, led by increased demand in the likes of Coolangatta, Biggera Waters, and Runaway Bay.

City Beat January 2025: Gold Coast property values continue to grow as off the plan enquiries hit near 12-month high

Fresh off the success of its under-construction Amaya apartment development, Amalgamated Property Group has unveiled its latest installment in the booming Broadbeach.

<a href="/developers/amalgamated-property-group">Amalgamated</a>, in partnership with Base Developments, has drawn back the curtain on <a href="/new-apartments/affinity-broadbeach-40-46-chelsea-avenue-broadbeach">Affinity Broadbeach</a>, 180 apartments on the sought-after Chelsea Avenue, on the same street as Nikiforides Family Park between&nbsp;Kurrawa Beach and Pacific Fair Shopping Centre.

It's the first new development in Broadbeach to hit the market fresh in 2025.

[smartcode_project:default project_id=107690 project_image_fid=323198]

The two and three-bedroom apartments across the 39-level glass tower will each feature open-plan layouts, with sizes starting from 115 sqm for the two-bed apartments and 180 sqm for the three-bed apartments.

The living areas feature floor-to-ceiling windows, with balconies extending off the main spaces to maximize coastal views and natural light.

[smartcode_project:default project_id=107690 project_image_fid=323196]

A unique feature for future owners is the large space between Affinity’s eastern side and its neighbours due to the developer purchasing multiple lots and prioritising keeping this large vertical space open instead of expanding the building footprint.

They've reserved that space for the heated outdoor pool set in extensive landscaping, creating a more private space for residents. Affinity will also feature a&nbsp;gym, sauna, yoga spaces, and several communal lounges and private dining areas for resident use.

[smartcode_project:default project_id=107690 project_image_fid=323199]

Carly Cottam, CEO of MOTIV Group who is in charge of sale, says the Gold Coast property market continues to demonstrate remarkable resilience, with discerning buyers increasingly prioritising quality, location, and most importantly, the reputation of the developer and builder.

"Affinity stands out by offering an affordable luxury option, perfectly positioned near the beach, vibrant dining, and retail precincts. With such strong off-market interest to date, it is clear, demand for premium residences remains robust. Whether seeking a lifestyle retreat, downsizing, or rightsizing, buyers are drawn to the seamless blend of convenience and elegance that Affinity provides.”

Graham Potts, Principal and Founding Director Amalgamated Property Group, says Affinity Broadbeach meets a genuine need in the market.

“We’re thrilled to be adding another residential development to our Queensland portfolio and in particular, on the much sought-after Gold Coast," Potts said.

He said they have the added bonus of having their own in-house construction team, Capital Constructions Queensland, which will bring buyers confidence in the project delivery.

[smartcode_project:default project_id=107690 project_image_fid=323744]

Dennis Milin from Base Developments and Director of Capital Constructions Queensland said the successful 20-year partnership with Amalgamated has resulted in numerous award-winning projects, focusing on spacious designs, functional amenities, and high-quality construction.

"This success is driven by our collaboration with a skilled and reputable team of architects, designers, engineers, and trades, alongside our experienced in-house construction professionals," Millin says.

"We are excited to soon deliver another leading collection of homes in Broadbeach which will perfectly complement the Gold Coast lifestyle."

Capital Constructions Queensland will commence construction in Q2 2025, and expect to complete in 2028.

[smartcode_project:default project_id=107690 project_image_fid=323743]

Broadbeach continues to be a sought-after destination for local owner-occupiers and interstate investors, driven by its location just south of Surfers, and home to popular attractions like the Broadbeach Bowls Club,&nbsp;Kurrawa Surf Club, and The Star Casino.

The suburb's popularity surged during the pandemic, with strong price growth recorded throughout 2021 and 2022. While the market saw a brief correction in 2023, growth stabilized in 2024, maintaining steady annual increases of 10 to 15 per cent, according to CoreLogic data.

Amalgamated Property Group has been busy paving the way in changing ACT’s property landscape over the last two decades. They have been responsible for premium developments such as Kiara, Ivy, the Oaks 3-stage precinct and Civic Quarter in the ACT, as well as Sierra Grand and Verve in the Gold Coast, and Aurora in Brisbane.

Amalgamated was also responsible for developing the first luxury homes within the prestigious Parliamentary Triangle with The Griffin project - a huge achievement in the most prominent landscape of Australia’s Capital.&nbsp;

[smartcode_project_cta:default project_id=107690]

Affinity is the first new development in Broadbeach to hit the market fresh in 2025.

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