Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

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<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

Gosford

The Grand, the newest apartment development in the burgeoning Gosford, the gateway to the Central Coast, has kicked off its launch with over $25 million in sales.&nbsp;

The exclusive launch event took place at the local watering hole Lyons Den Gosford, conveniently located near the future site of The Grand, a joint venture project between TQM and Ace Property Group.

Prospective buyers had the opportunity to explore the apartment designs and gain insight into the cutting-edge amenities that will be available upon completion.

[smartcode_project:default project_id=22753 project_image_fid=210668]

Situated on Gosford's Mann Street, the project offers one of the most desirable locations for apartment seekers across the entire Central Coast.

Acquired for $9.65 million in mid-2021, the amalgamated site will feature an impressive 18-level tower designed by Kann Finch, encompassing a total of 138 apartments.

[smartcode_project:default project_id=22753 project_image_fid=210676]

The two-bedroom floorplans, priced from $700,000, boast nearly 100 sqm of internal living space and are designed to maximise views across the Brisbane Water.

The curved terraces connect to the spacious internal living areas, which are complemented by well-appointed kitchen and dining spaces. These areas feature stone island benches, back-lit stone splashbacks, brushed brass Parisi tapware, and high-quality ILVE appliances.

[smartcode_project:default project_id=22753 project_image_fid=210684]

The development will also include a street-level podium, housing several food and beverage establishments, adding vibrancy and convenience to residents' daily lives.

The podium levels will be crowned by a residents' infinity pool and a landscaped garden, designed by Site Image Landscape Architects.

TQM Group will oversee the realisation of the project, which is scheduled for completion in 2025.&nbsp;

[smartcode_project_cta:default project_id=22753]

Prospective buyers had the opportunity to explore the apartment designs and gain insight into the cutting-edge amenities that will be available upon completion

alisonwarters@gmail.com

The Grand, Gosford apartment development achieves $25 million in sales after launch weekend

Sydney property agency Highland has been appointed as the lead selling agent for the $375 million luxury apartment project, Archibald by ALAND.

The full-service real estate company has more than 40 projects currently in market along the eastern seaboard from southern Sydney to the Gold Coast, with this week announcing it will sell Archibald's one, two and three-bedroom apartments, along with the three and four-bedroom penthouses.

Located at 108 Donnison Street, Gosford, Archibald is a dual tower development which will deliver 199 residences in the West Tower and 124 in the East Tower.

[smartcode_project:default project_id=134670 project_image_fid=208142]

Highland selling agent Clint Willoughby said Archibald offers a rare balance of affordable coastal and cosmopolitan living in one of the Central Coast’s most connected locations.

“The Highland team is thrilled to be appointed to sell Archibald and we are very eager to show prospective buyers all this project has to offer, from its unrivalled amenity to stunning layouts and finishes,” said Willoughby.

“Being situated where it is, Archibald merges resort living with connectivity, providing the sought after blend of relaxation and recreation among buyers.”

Offering unrivalled amenity that the Central Coast has never seen, Archibald is home to an exclusive Skybar and Lounge on level 28 and a pub on the ground floor with dining.

[smartcode_project:default project_id=134670 project_image_fid=208143]

Residents will have full access to hotel-managed amenities such as the lobby café, resort style pool and swim-up pool bar, which have been designed with relaxation and restoration in mind.

Georgia Scanlon is also selling Archibald, which she says will bring a new level of luxury living to the Central Coast with each residence designed to appeal to a range of buyers.

“Archibald appeals to local buyers, Sydney downsizers looking for the coastal lifestyle, and investors looking to capitalise on the growth potential of this thriving region,” said Scanlon.

“Now an extension of Greater Sydney, it’s situated in one of the Central Coast’s most connected locations, with a full range of business, retail, dining, cultural, entertainment, transport, and recreational activities, essentially at your doorstep.”

Designed by Place Studio, Archibald will feature&nbsp;striking sail-like curves, echoing the boats on the nearby Brisbane Waters, in addition to uninterrupted views of Gosford’s skyline.

[smartcode_project:default project_id=134670 project_image_fid=208153]

Prices for the apartments start from $450,000 through to $1.6 million, with the penthouses priced on application.&nbsp;&nbsp;

ALAND CEO, George Tadrosse said Highland were the obvious choice for sales agents for Archibald.&nbsp;

“Highland was an obvious choice to lead the sales and marketing program for Archibald due to its credibility as one of Sydney’s leading agencies and its extensive network of buyers,” Tadrosse said.

Completion of Archibald is estimated for the third quarter of 2024.

[smartcode_project_cta:default project_id=134670]

Highland appointed to sell Archibald by ALAND apartments

Gosford's Mann Street is one of the most ideally located spots for apartment seekers arguably across the whole of the Central Coast.

It's a stones throw from Central Coast Stadium, the Central Coast Leagues Club and its affiliated park, and the Drifters Wharf and accompanying Brisbane Water. Pair that with an array of coffee shops, retail and restaurants, there's no better spot to be in the gateway to the Central Coast.

Gosford Train Station is just 650 metres away, and Waterfront Park just 140 metres from the project.

Ace Property Group and TQM Group, who have teamed up on a number of apartment developments previously, have collaborated again to create The Grand, which they have just launched to the market.

[smartcode_project:default project_id=22753 project_image_fid=210668]

The project is located at&nbsp;at 35-37 Mann Street, an amalgamated site they secured for $9.65 million in mid-2021. It sits just across the road from St Hilliers multistage masterplan Central Coast Quarter. The Grand will comprise 138 apartments across an 18-level Kann Finch-designed tower.&nbsp;

Kann Finch, one of the world's most accomplished architects, designed the tower to protrude from a&nbsp;fine-grained sandstone podium, which will be crowned by a striking resident infinity pool and a landscaped garden by Site Image Landscape Architects.

Within the podium, on street level, will be a number of food and beverage tenancies when the building is complete in 2025.

[smartcode_project:default project_id=22753 project_image_fid=210687]

The curved form of the building is a source of inspiration for the design, with panoramic bowed terraces that spill into vast internal living spaces, with the living areas adjoining a true entertainer's kitchen and dining room, featuring stone island benches, back-lit stone splash backs, brushed brass stylish Parisi tap ware, and ILVE appliances.

Floor-to-ceiling windows invite an abundance of natural light into each of the residences,&nbsp;with the open-plan living areas featuring timber look floors and lush carpets. The penthouses also include under-mount wine fridges, as well as&nbsp;bespoke joinery that extends to outdoor barbecue areas.

[smartcode_project:default project_id=22753 project_image_fid=210671]

Domain Property Group are handling the sales of The Grand.

Two-bed apartments start from $700,000. They span nearly 100 sqm of internal living area.

TQM Group, an integrated builder developer, will also be in charge of construction of the project.

[smartcode_project_cta:default project_id=22753]

Kann Finch, one of the world's most accomplished architects, designed the tower to protrude from a fine-grained sandstone podium, which will be crowned by a striking resident infinity pool and a landscaped garden


The gateway to Gosford: Ace Property and TQM Group combine to launch The Grand Gosford 

Leading Sydney developer ALAND is set to bring a new level of sophistication to the Central Coast with its plans to build Archibald Skybar and Lounge, the region's highest bar.

The bar will be located on the 28th floor of a premium hotel and luxury residential complex, offering a 270-degree view of Brisbane Waters. With a relaxed yet sophisticated atmosphere, the bar will accommodate up to 400 patrons and include a cocktail lounge, function space, and a separate bar and terrace.

According to Ryan Lane, ALAND's Head of Development, the Archibald Skybar and Lounge will provide a unique and untapped experience for the Central Coast.

“When we set out to investigate the viability of the Skybar we discovered that something like this would be extremely unique for the area. There simply isn't anyone with an offering like this on the coast. There are obviously some comparable offerings around Sydney or the Gold Coast, but what we were really careful not to do was repeat something that's been done in another location.”

[smartcode_project:default project_id=134670 project_image_fid=208142]

He said ALAND worked closely with established designers and architects to come up with a bespoke concept which is tailored for the Central Coast market.

“It's designed to be very approachable and welcoming, but not too over the top. However, it will still provide a point of difference for entertainment that the Central Coast doesn't currently have,” Lane added.

“There are pub and restaurant offerings, but the Skybar is going to give locals a venue they can really celebrate. You can have birthday parties, weddings and any number of functions at the rear of the space where you can hire out the whole venue.”

Situated at 108 Donnison Street in the heart of Gosford's CBD, the Archibald Skybar and Lounge is close to Central Coast Stadium and other popular venues such as Hotel Gosford, Railway Hotel, and Union Hotel.

Once completed in the third quarter of 2024, Archibald will be a bustling hub of activity, with 323 apartments and 130 hotel rooms housing an estimated total of 850 people. In addition, the new Archibald Skybar and Lounge is set to attract locals looking for a stylish and sophisticated social venue.

Lane said the future hospitality operators of both the Archibald Skybar and Lounge and hotel have yet to be announced, however, the group is confident that the results of a rigorous tender process will lead to the selection of top industry players.

[smartcode_project:default project_id=134670 project_image_fid=208151]

“With regards to the Hotel, we’re very well progressed with conversations after having gone through a meticulous tender process with significant response from some pretty prominent brands. In the past, with similar projects, we might have had a handful of qualified interested parties but when you have more than 
10 significantly interested parties - as we have experience with Archibald - it shows the strength of the opportunity in the Gosford market,” he said.

Despite the yet-to-be-confirmed brands of the venues, many confident residential buyers have already secured their new homes at Archibald.

The complex will include two buildings housing one, two, and three-bedroom apartments, as well as three and four-bedroom penthouses, all with access to resort-style facilities and breathtaking views of Brisbane Waters and the city skyline.

Approximately 100 apartments have already been sold off the plan, with prices starting at $475,000 for a one-bedroom property.

[smartcode_project_cta:default project_id=134670]

ALAND to elevate Gosford’s drinking and dining experience with Archibald Skybar and Lounge

Sydney developers ALAND has seen strong interest in its Gosford development, Archibald by ALAND, with one-third of its apartments already sold.

The project, valued at $375 million, will include 323 residential units, 130 hotel rooms, food and beverage options, a pub, and a sky bar and lounge. Less than three months after its launch, 104 apartments worth over $80 million have been purchased, including $20 million prior to the launch.

Buyers include keen investors and downsizers, with local first-home buyers attracted by government schemes and owner-occupiers drawn to the project's affordability.

Designed by Place Studio, Archibald by ALAND is set to become a landmark in the area and a sought-after destination on the Central Coast.

[smartcode_project:default project_id=134670 project_image_fid=208142]

Apartment prices range from $475,000 for a one-bedroom to $835,000 for a three-bedroom. Each unit features functional and spacious floorplans, inspired by the Australian coastline, with balconies and floor-to-ceiling windows offering views of Brisbane Waters and the city skyline.

ALAND CEO George Tadrosse said that the project’s unparalleled offering is also a major drawcard for eager investors.

“Archibald is the only project of its kind in Gosford, the level of amenity is unmatched, and residents will get that hotel lifestyle with access to resort-style facilities and beaches at their doorstep,” he said.

“We’re seeing many investors taking advantage of the growing population and new economic ventures in education, retail and health innovation in the area. It’s no surprise that investors have been quick to recognise this unique offering and its potential."

“With the NSW Government’s recent announcement to invest more than $23 Million in the Central Coast region, committing to a faster rail at Wyong and new university campus at Gosford, we expect another influx of interest across all buyer types,” said Tadrosse.

Project Sales Director Georgia Scanlon said ALAND’s sales to date are indicative of the demand of the Central Coast market, observing that lifestyle continues to hold strong appeal.

[smartcode_project:default project_id=134670 project_image_fid=208143]

“The Central Coast market continues to perform despite broader market sentiment, offering buyers an affordable coastal lifestyle that is hard to match anywhere else in regional NSW locations. The Northconnex has allowed the coast to become a part of greater Sydney in the same way Western Sydney has.”

“We’re seeing a lot of local downsizers come from The Hills and Northern Beaches along with first home buyers who are out priced in Sydney. Essentially everyone is chasing a lifestyle only a stone’s throw from Sydney and the CBD,” added Scanlon.

The project is scheduled for completion in Q3 2024 and will offer unique features and easy access to the region's beaches and amenities.

[smartcode_project_cta:default project_id=134670]

Investors and downsizers flock to Archibald by ALAND

The revitalisation of the Gosford CBD is on track with the sale of significant master-planned site.

The largest concept approved, mixed use development site on the Central Coast, known as Pacifica Gosford, has been sold by Paul Lederer's Lederer Group.

There are plans in place for five towers that will sit above retail and commercial podiums on the 1.42 hectare site at 136-148 Donnison Street, in the heart of Gosford's CBD.

<img alt="Pacific Gosford" data-entity-type="file" data-entity-uuid="5eb6b78d-a675-4b7a-864d-187b399f9de2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-14%20at%209.31.18%20am.png?VersionId=XI85fa_K3IggXAyEQC.PqVlai0SqQPA_" />

Colliers agents Jon Chomley and Eugene White secured the record transaction, calling the site "truly irreplaceable."

“Pacifica Gosford is a remarkable central city, development approved site capable of accommodating over 700 residential apartments with additional commercial and retail space and parking for over 1,000 cars,” Chomley said.

“With four street frontages and a design that enables the staged development of up to five towers, this is a truly irreplaceable development site.”

The stage one plans show there is set to be 5,422 square metres of retail and commercial gross floor area, as well as recreation spaces and a new pedestrian link to complement the precinct. The site is currently occupied by the untenanted former Kibbleplex Shopping Centre.

The multi-staged nature of the potential development could also enable the purchaser to consider a variety of end uses, including student accommodation, retirement living and residential apartments.

<img alt="Pacifica Gosford" data-entity-type="file" data-entity-uuid="907eed54-f7d4-43e7-b27a-24be0c69ad4a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-14%20at%209.31.31%20am.png?VersionId=Vp5UgbUm7DF_QxrZtpuMKtLCqtbl4AU0" />

Eugene White said that due to Gosford's coastal location, and also being just an hour from Sydney, the area has&nbsp;been the beneficiary of the sea change movement from Sydney, with an uplift in new residents over the last two years.

"It is also a highly sought after retirement area with older residents benefitting from the extensive medical and care services in the region,” White added.

Located directly across from the recently upgraded Kibble Park and the Imperial Shopping Centre, Pacifica Gosford is just 500 metres from the Gosford railway station. It is also within walking distance&nbsp;to major employment hubs and Government services such as the ATO, the Department of Finance, Safe Work NSW, Gosford Court House, Gosford Hospital and Gosford TAFE.

There has been recent major investment supporting essential infrastructure throughout the Central Coast region to meet the needs of the projected population growth. Some of these include the $368 million redevelopment of Gosford Hospital, the $200 million redevelopment of Wyong Hospital, funding upgrades of the M1 Pacific Motorway, planned university campus and the recent completion of the $10 million waterfront park.

There are plans in place for five towers that will sit above retail and commercial podiums on the 1.42 hectare site at 136-148 Donnison Street, in the heart of Gosford's CBD

Pacifica Gosford, the largest concept approved development site on the Central Coast, sells 

Construction has commenced on a six star luxury development on the Central Coast.&nbsp;

The $250 million master planned estate, Rumbalara Residences, is the work of Australian private investment group Alceon, in collaboration with builders Deicorp and architects Marchese Partners.&nbsp;

<img alt="Render looking out over Gosford" data-entity-type="file" data-entity-uuid="4dea4b9a-e1f7-4c4f-ade6-a8e6d2d7fd16" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/RUM_S18_Blk%20A_PH%20401%20Terrace_5K.jpg?VersionId=z65d3PPs3tRIk.JpJV1o7i_77vkst16z" />

Situated on the highest point of Gosford, offering views stretching over Brisbane Waters, the Marchese-designed residences offer varying one, two and three-bedroom floor plans with 188 apartments set to be spread out across the four buildings.&nbsp;

Ranging in size from 27 sqm to 62 sqm, buyers have the option to select between treehouses or townhouse, with inclusions such as fireplaces and Sub Zero Wolf appliances.&nbsp;

The 2.2-hectare resort-style estate has already been inundated with interest from Sydney buyers including downsizers and first home buyers, with Alceon’s Development Director, Todd Campling saying the initial launch period received more than 1200 enquiries in just a few weeks.

“There’s not many other opportunities where you can secure a home starting at $580,000 with access to such an enormous amount of world class amenities,” he added.

<img alt="Render inside one of the apartments at Rumbalara Residences" data-entity-type="file" data-entity-uuid="ba9767c0-2087-45b9-ac36-d272baa2a14d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/RUM_S20_INT_BLK%20A%20306_Living_5k.jpg?VersionId=aZ_GrLxmgsmFqZ9sDUrt02PvsjrCtcjC" />

Leading construction experts, Deicorp have been appointed to build the project, with the group the first in New South Wales to achieve the coveted iCART rating for trustworthiness under the NSW Building Commission’s reforms.

A figure eight pool takes pride of place in the centre of more than 4,000 sqm of manicured resort-like grounds while residents also have access to a 1,000 sqm Club House, which is home to a suite of amenities including an on-site concierge, private cinema, dining room, gym, day spa, work from home hot desk space and virtual golf simulator.

“The quality of the build signals a new era for development on the Central Coast and it’s no surprise that the majority of interest is coming from Sydney at the moment - mainly from home owners on the North Shore, Northern Beaches, Hills Shire, Inner West and Sutherland Shire looking to downsize,” Campling said.&nbsp;

And with the launch of stage one achieving such success, the group has brought on stage two earlier than expected to meet the demand.&nbsp;

<img alt="Render of the pool area at Rumbalara Residences" data-entity-type="file" data-entity-uuid="508f512e-6935-4738-86f5-c2a0ab092dd2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/RUM_S07_EXT_Pool_5k.jpg?VersionId=fRlmv3gOBRMb5tJrPi7kkP3DKbHLoKNT" />

“We’re finding that people are willing to pay a premium price and act with urgency due to the unique one-of-a-kind style and design of the project,” Campling said.&nbsp;

“Ninety percent of our buyers are owner occupiers and they’re buying in for the lifestyle the development offers,” he added.&nbsp;

Completion on the first stage of the project, including the pool and Club House is slated for completion for 2024.&nbsp;

[smartcode_project_cta:default project_id=112931]

Ranging in size from 27 sqm to 62 sqm, buyers have the option to select between treehouses or townhouse, with inclusions such as fireplaces and Sub Zero Wolf appliances. 

Construction commences on Central Coast masterplanned estate, Rumbalara Residences

Busy Sydney developers, ALAND, has secured&nbsp;one of Gosford&rsquo;s most sought-after mixed-use sites, which sold with development approval for two towers.

The 5656 sqm site at 108-118 Mann Street originally launched to the market at The Archibald in 2019, with development approval for a dual tower build comprising 289 apartments, along with a ground floor pub, level 28 sky bar, 167 hotel suites and a range of hotel amenity including an infinity pool, gym and conference hall.

<img alt="" height="1644" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gosfordda.jpeg" width="1200" /> 
Render of the proposed dual tower project at 108-118 Mann St, Gosford. Credit: Colliers

ALAND CEO George Tadrosse confirmed the deal was done via an expression of interest process run by Colliers International which closed at the end of March.

&ldquo;It&rsquo;s a sensational site right in the heart of Gosford, which is increasingly being seen as a key regional location,&rdquo; he said.

&ldquo;We&rsquo;re delighted to have secured the property and look forward to taking the plans for the project forward to deliver a fantastic new addition to the Gosford skyline. Subject to planning, we are looking at launching the project sales in spring and starting construction this year.&rdquo;

<img alt="" height="640" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/f5678df9-044b-42f6-b776-1b4154a6f9b4-w.jpeg" width="1200" /> 
Render inside one of the proposed apartments at 108-118 Mann St, Gosford. Credit: Colliers

The Gosford property is one of the CBD&#39;s last remaining consolidated sites, with street frontages to Mann, Donnison and Baker Streets.

Located close to Gosford&rsquo;s waterfront, the site is also&nbsp;well-connected to key amenities like the Gosford Train Station, Gosford TAFE and the Central Coast Stadium.

The site was demolished in preparation for construction, with the site placed on the market earlier this year.

<img alt="" height="850" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/a1547e19-14ac-4547-ae48-44c829666c5d-w.jpeg" width="1200" /> 
Aerial shot of the site&#39;s location and proximity to key amenity. Credit: Colliers

Tadrosse said his team will now review the project but expects work to begin quickly.

&ldquo;We have an opportunity to make a significant contribution to the city, and we&rsquo;re excited to get this project underway,&rdquo; he added.

ALAND recently launched&nbsp;their $800 million master-planned precinct in Merrylands, in Sydney&rsquo;s west.

There has already been strong demand for the first stage of the project, with the prime 2.5-hectare site, located adjacent to the Merrylands train station, set to deliver 365 apartments across three buildings, up to 20 storeys in height.

The Gladstone Village&nbsp;is a rare offering for Merrylands and one of the last remaining pockets along Sydney&rsquo;s rail network to be developed.

ALAND CEO George Tadrosse confirmed the deal was done via an expression of interest process run by Colliers International which closed at the end of March.



ALAND secures development approved Gosford site

Although summer has passed by, Sydney&rsquo;s latest lockdown has reminded many Australians of the benefits that come with investing in a coastal holiday home.

SQM Research managing director Louis Christopher claimed that its likely regional occupancy has already reached its highpoint.

&ldquo;With the costs of renting a holiday home soaring thanks to huge local demand, combined with record-low interest rates, we&rsquo;re experiencing a unique situation where it may actually be more cost-effective to buy rather than regularly rent a holiday home&rdquo;, said David Hancock, senior financial planner at Montara Wealth.

To assist in your search, Urban takes a look at five stunning coastal properties to consider in regional NSW.

1. Horizon, Gosford 
Developer: JMGM 
Two-bedroom apartment prices available upon request

[smartcode_project:default project_id=101204 project_image_fid=162047]

Delivered by JMGM, Horizon comprises 184 architecturally-designed in one, two and three-bedroom configurations.

Set across 24 stories, the mixed-use development boasts spacious interiors and 2,500 sqm of retail space that forms a vibrant precinct in the heart of Gosford.

In the beautiful Gosford region of the NSW Central Coast, residents can enjoy magnificent national parks, sparkling waterways and golden sandy beaches.

2. Ridgewaters, Kiama 
Developer: St Trinity Property Group 
Three-bedroom apartments from $945,000

[smartcode_project:default project_id=27858 project_image_fid=162070]

Positioned amongst Kiama&rsquo;s serene landscape and only a short walk to pristine beaches, Ridgewaters is a selection of three-bedroom apartments.

This collection of luxury apartments presents an ideal home for a range of purchasers, from retirees and young families to investors and holidaymakers searching for a laid-back coastal lifestyle.

Located just 90 minutes south of Sydney and 30 minutes from Wollongong CBD, the boutique two-storey development promises convenience and local amenity.

3. Sky Residences, Newcastle 
Developer: GWH 
Two-bedroom apartments from $675,000

[smartcode_project:default project_id=8430 project_image_fid=28045]

Sky Residences is Newcastle&rsquo;s newest skyline tower in the heart of the CBD&rsquo;s Civic Cultural Precinct, connecting residents to everything they love.

Offering a choice of 180 apartments in one, two and three-bedroom configurations, Sky boasts light-filled living spaces, security swipe access and energy-efficient fittings.

&ldquo;We reserved the prime rooftop space, making it possible for every SKY resident to enjoy unprecedented 360-degree views and contemporary lifestyle amenities that enrich the way they live&rdquo;, GWH managing director Jonathan Craig said. 
 
4. Midtown, Wollongong 
Developer: Level 33 
Two-bedroom apartments from $575,000

[smartcode_project:default project_id=34275 project_image_fid=153610]

Midtown encompasses a collection of studios, one, two and three-bedroom apartments that capture the impressive views of the Illawarra Escarpment.

Delivered by Level 33, the home includes a ground-level retail podium that activates the building, a number of apartments that boast ocean views and a communal rooftop entertaining terrace.

The development is perfectly located for those who desire convenience and connection, and will benefit from the Wollongong Council&rsquo;s $800 million infrastructure investment 2018-2022.

5. Highpoint, Charlestown 
Developer: GWH 
Two-bedroom apartments from $640,000

[smartcode_project:default project_id=8980 project_image_fid=28277]

Developed and built by Hunter locals, GWH, Highpoint boasts premium finishes and fittings that are purposefully designed to reflect the needs of today&rsquo;s living.

The development is located in Charlestown, the shopping, dining and entertainment precinct of Lake Macquarie, ideal for young families and downsizers.

Exclusive to Highpoint residents is the terrace garden, entertainment and barbeque area on the level three podium, as well as a rooftop entertaining space.

Although summer has passed by, Sydney’s latest lockdown has reminded many Australians of the benefits that come with investing in a coastal holiday home

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Five coastal apartments to consider in NSW

Local Central Coast buyers are enjoying refined coastal living at JMGM&rsquo;s latest Gosford development, Horizon.

Set across 19-storeys, the Mann Street development comprises 182 one, two and three-bedroom apartments, as well as 2,500sqm of retail space.

[smartcode_project:default project_id=101204 project_image_fid=162046]

The Gosford region is not just for locals. Many buyers have begun recognising the beauty of the area and its sparkling waterways, sandy beaches and family-friendly activities on offer.

The area continues to grow and thrive as both a desirable place to live and a flourishing tourist destination, home to renowned beaches such as Avoca, Terrigal and MacMasters Beach.

Gosford is an attractive and affordable option for first home buyers and investors alike, boasting strong rental returns and positive capital growth.

[smartcode_project:default project_id=101204 project_image_fid=162047]

Designed by Lutolli Architects and Partners, Horizon has been carefully crafted as a modern and luxurious tower, boasting exceptional views and spacious interiors.

Each residence&rsquo;s kitchen is characterised by sculptural curved surfaces and a sophisticated, timeless palette of warm neutrals.

The home&rsquo;s feature floor-to-ceiling windows, wrap-around balcony, open-plan living and dining, and amazing views across Gosford, Brisbane Water and National Parklands.

[smartcode_project:default project_id=101204 project_image_fid=162051]

&ldquo;Floor-to-ceiling windows and frameless glass balconies bring views into your living and dining spaces&rdquo;, the project marketing reads.

Exclusive amenities available to residents include an outdoor pool, pool lounges and Swedish-inspired sauna.

[smartcode_project_cta: project_id=101204]

Local Central Coast buyers are enjoying refined coastal living at JMGM’s latest Gosford development, Horizon

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