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;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<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

Green Square

Bridgehill, the well-known property developer behind the popular UNO and JADE residences in Green Square, has recently announced the launch of their latest Green Square project, ALBA.

The group has appointed Westbourne Construction to handle the build of the new development, marking the sixth collaboration between the two.&nbsp;

ALBA will comprise 360 apartments across two buildings of 10 and 15 storeys, with a mix of one, two and three-bedroom apartments, as well as generously proportioned double-storey penthouses.

<img alt="ALBA" data-entity-type="file" data-entity-uuid="e44ae957-151e-4543-980f-783172bb7f81" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/LAAN%20S050_FINAL2500.jpg?VersionId=PRzPmH9mCESUkOAW_rRDzdYds2pWsb6z" />

Westbourne will also complete the roadworks and public domain which divide the buildings.&nbsp;

Designed in collaboration by McNally Architects and Sissons Architects, ALBA will feature warm, textured terracotta masonry, paying homage to Green Square's rich industrial heritage.&nbsp;

Completed is slated for Q3 2024.

Located in the heart of one of Sydney's most vibrant and eclectic neighbourhoods and just four-kilometres from the CBD, ALBA is surrounded by a wealth of urban delights.

<img alt="ALBA" data-entity-type="file" data-entity-uuid="9f3815e7-6f56-4020-ab5a-8cf3f11c0636" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/LAAN%20S040_FINAL2500.jpg?VersionId=6M3eASdOA1r2NIT6l0j1bq78Mwfjm5f9" />

From dog-friendly parks and vibrant galleries to the bustling precincts of Alexandria, Waterloo, Erskineville, and Kensington, there is always something new to discover in this dynamic part of the city.

Residents will also be within proximity to the popular Grounds of Alexandria and Carriageworks, as well as Green Square Library and Bourke St Bakery. The project is just 200 metres from Green Square Station.

[smartcode_project_cta:default project_id=138830]

ALBA will comprise 360 apartments across two buildings of 10 and 15 storeys

alisonwarters@gmail.com

Bridgehill launch ALBA apartments in Zetland's Green Square precinct

Mirvac are teaming up with the multi-award winning Smart Design Studio to bring a collection of terraces to the rapidly expanding Green Square Town Centre.&nbsp;

Portman St Terraces by Mirvac will introduce seven limited edition terrace homes to the leafy Portman Street, forming a contemporary extension to the Victorian-era terraces and cottages that have endured since the 19th century.

<img alt="Portman St Terrace" data-entity-type="file" data-entity-uuid="ebe0a3c0-7499-4405-a701-448a257c4df7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/MIR2466_GreenSquareBuildingDTerraces_S010_EXT_Facade_Final2000.jpg?VersionId=0pUXElb3MHq1MESlT3yDW5749CvYVJtH" />Render of a&nbsp;Portman St Terrace by Mirvac. Image supplied.

Displaying the signature white on white that has become synonymous with the William Smart led studio, the Portman St Terraces will benefit from their own street address and entry, in addition to a lift from the secure basement parking and a rooftop entertaining deck, complete with an outdoor kitchen and flexible family room.

“There was a sense of creating something quite grand and luxurious but with an understated approach to luxury,” Smart said.

“Something that would feel on trend now and in 30 years. It’s more about the precision of the detailing and quality of the materials and the way they work together.”

The terrace homes will deliver open plan living on the ground level, with four-bedrooms spread across two levels. The kitchens will feature timber joinery and large format stone benchtops, as well as Gaggenau appliances, connecting to timber wall panelling in the living and dining areas.

“The colour palette is also pared back; where Victorian terraces typically favour high contrast, we were interested in exploring a subtle and harmonious combination of materials and colours."

In a further break with Victorian tradition the terraces will be light and airy, with courtyards both in the front and back, along with a central sculptural staircase that funnels light through the building to the rooms on every level.

<img alt="Portman St Terrace" data-entity-type="file" data-entity-uuid="afe7eecf-cf80-462b-b884-fc9a7f4cabb4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/MIR2466_GreenSquareBuildingDTerracesStills_S030_INT_Kitchen_Final2000.jpg?VersionId=5Jc6nmavpTFTUVH8.JFYXoSKGwS15tkv" />Render inside one of the&nbsp;Portman St Terraces by Mirvac. Image supplied.

Mirvac General Manager of Residential Development NSW, Toby Long said the opportunity to own a Smart-designed, Mirvac terrace home in a neighbourhood where new construction tends towards apartments not houses, would satisfy the interest from buyers in search of high-end homes at Green Square.

“Green Square Town Centre has become a magnet for people in search of a luxury designer home where they can enjoy the urban buzz and still be close to the CBD,” said Long.

“The demand for three and four-bedroom residences at The Frederick, a collaboration with Smart Design Studio and Mirvac Design, has been extraordinary. We had the same experience with Portman on the Park and Portman House, a CO-AP and Mirvac Design collaboration, which led to a number of apartment amalgamations to form larger residences.”

“Our Green Square properties have been selling extremely well, signalling the strength of the owner occupier market and the growing appeal of this neighbourhood to those seeking a high end luxury home,” Long added.&nbsp;

While details of the Portman St Terraces have been kept under wraps before the official marketing launch, word of mouth has led to a steady stream of inquiry which has come as no surprise to Long.

“William Smart is one of Australia’s most celebrated architects,” he said.&nbsp;

“We have partnered with Smart Design Studio on several previous projects, including Maxwell Place at Harold Park and The Moreton at Bondi, and The Frederick, which is now under construction.”

In a further break with Victorian tradition the terraces will be light and airy, with courtyards both in the front and back, along with a central sculptural staircase that funnels light through the building to the rooms on every level.

Mirvac reimagines the traditional victorian terrace at Green Square

The soon-to-be national property developer, Crown Group, has unveiled its penthouse collection across two of its Sydney apartment developments.

The architecture-led penthouses in Crown Group&#39;s&nbsp;Mastery by Crown Group and Waterfall by Crown Group developments are being pitched at potential onshore and offshore investors, now New South Wales is allowing quarantine-free travel.

Iwan Sunito, Crown Group co-founder and group chief executive, said, despite the COVID-19 outbreak, Asian investment in Sydney remains very strong.

&ldquo;Compared with many global cities, Sydney offers stronger growth prospects for property owners; backed by a stable government, strong education market and a demand for housing which outstrips supply.&rdquo;

This year, the Crown Group buyer pool is made up of a mix of offshore and onshore investors, with demand from the Asian market holding up despite travel restrictions.

Crown Group tapped in to the work-from-home trend, pivoting toward&nbsp;flexible floor plans and internal and external living areas, along&nbsp;with resort-style amenities and communal landscaped gardens.

The completed penthouse in the Waterfall by Crown Group apartment development in Waterloo spans two levels and has three bedrooms across its 147 sqm of living space. There&#39;s a balcony over 40 sqm, and a private rooftop with city skyline views.

[smartcode_project:default project_id=5763 project_image_fid=182339]

Waterfall by Crown Group is a $400 million master-planned development comprising 331 apartments across three eight-storey buildings and one 22-storey tower, which is home to the highest man-made waterfall in the southern hemisphere.

Inspired by the tropical landscape of Indonesia&rsquo;s Kalimantan and developed in conjunction with award-winning SJB Architects, Waterfall is a veritable rainforest in the heart of the city, offering access to tranquil gardens, a cantilevered gym, rooftop infinity pool, 49-jet jacuzzi for up to 16 people, outdoor cinema and music and function rooms.

Down the road is Crown&#39;s Mastery by Crown Group development in Green Square, a&nbsp;cluster of five newly completed buildings offering a total of 368 luxury apartments and anchored by a 19-storey, timber-clad tower featuring three exclusive penthouses.

Designed by&nbsp;Japanese architect Kengo Kuma, who recently designed the 2020 Olympic Stadium in Tokyo and the internationally acclaimed V&amp;A museum in Dundee, Scotland, the tower forms part of a rare collaboration of three renowned architectural firms: Kengo Kuma; established Sydney architects Silvester Fuller; and Koichi Takada Architects, who created sophisticated Japanese-inspired interiors with a generous use of natural materials.

[smartcode_project:default project_id=7020 project_image_fid=173694]

Part of the exclusive Penthouse Collection are&nbsp;three architecturally-designed penthouses in Kengo Kuma&rsquo;s cantilevered tower. Offering between 150 sqm to&nbsp;171 sqm of outdoor space, they occupy the top floor of the tower envisioned by Kengo Kuma to act as a vertical urban forest, with views towards Sydney&rsquo;s CBD, Centennial Park, and&nbsp;panoramic water views to the south.

The penthouses feature water&nbsp;and moisture-resistant travertine&nbsp; in the kitchen island benchtops, splashbacks, and in the bathroom walls, floors and vanity benches. There are Smeg appliances throughout, including rangehoods, gas cooktops, ovens, steam ovens, microwave ovens and coffee machines.

Buyers will have the option to upgrade to a Japanese onsen style bathtub,&nbsp;made of fragrant hinoki cypress, in the ensuite.

&ldquo;Mastery by Crown Group is the last council-permitted tower for the area, meaning that this is an exclusive opportunity to not only live in the very first Kengo Kuma-designed residential building in Australia, but to secure views that will be impossible to replicate in Waterloo with existing zoning rules,&rdquo; Sunito said.

[smartcode_project:default project_id=7020 project_image_fid=173690]

Penthouse Collection residents will have access to Mastery&#39;s resort-style facilities which include an infinity-edge rooftop pool, gym, spa, mini-cinema and a community room. Australia&rsquo;s first Japanese &ldquo;eat street&rdquo; is located on the doorstep.

The Mastery and Waterfall Penthouse Collection apartments are for sale, from $3.75 million to $4.88 million..

There are still studio, one, two and three-bedroom apartments&nbsp;for sale, priced from $630,000 and ranging&nbsp;to $2.37 million.

Knight Frank estimates that in 2021 Sydney luxury real estate prices will surge by 10 per cent. The outlook remains positive for 2022 as well, with a healthy seven per cent&nbsp;year-on-year growth forecast.

Crown Group tapped in to the work-from-home trend, pivoting toward flexible floor plans and internal and external living areas

Crown Group release penthouses in Mastery and Waterfall, Sydney apartment developments

The new Green Square community is closer to getting its planned new primary school and community facility.

The design has been unveiled by the NSW Government and the City of Sydney.

The new primary school will meet enrolment demands in one of Australia&#39;s fastest growing neighbourhoods.&nbsp;

The project will include additional facilities designed for both school and community use.

Architect BVN&rsquo;s competition-winning design integrates school and community spaces for both day and night use and will be built on the former South Sydney Hospital site on Joynton Avenue. 
&nbsp; 
[smartcode_project:default project_id=30049 project_image_fid=162873]

Minister for Education Sarah Mitchell said the winning design from BVN would &quot;create a fantastic place for children to learn.&rdquo; 
&nbsp; 
The NSW Government will fund and staff the project with a contribution from the City of Sydney. 
&nbsp; 
The winning design was commended for its response to the surrounding local area, its clever multi-purpose sports court, smart educational approach and its consideration of the environment.

City of Sydney Lord Mayor Clover Moore said the City will contribute $25 million to the &quot;revolutionary school to provide much-needed community facilities that will be activated day and night for the whole community to use.&quot;

[smartcode_project:default project_id=100811 project_image_fid=162886]

&ldquo;Close to the aquatic center and library, this school will be an important addition to the area&rsquo;s educational, social and cultural life,&rdquo; the Lord Mayor said.

&ldquo;This new school will sit at the heart of the growing Green Square community and set a new benchmark for urban development,&quot; she added.

The latest apartment project being marketed is Green Square By Mirvac with Portman House at 77-93 Portman Street, Zetland.

[smartcode_project_cta: project_id=30049]

&nbsp;

The new school will sit at the heart of the growing Green Square community which is setting a new benchmark for urban development, Mayor Clover Moore advised
.

jchancellor-FAypfDUnLy

New primary school proposed for Sydney's Green Square

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Infinity by Crown Group at Green Square has taken out yet another major industry award, this time the Urban Developer’s Development of the Year in its high density residential category. 

The tightly held complex has a limited number of apartments with studios priced from $639,000, and two-bedroom apartments from $1,269,000.

Penthouses are for sale, with prices available on request at the 301 Botany Road, Zetland landmark.  

The accolade follows two major wins for the project last month, when it earned the most innovative development in the Urban Taskforce development excellence awards and the HIA NSW apartment complex at the 2020 HIA-CSR NSW housing and kitchen &amp; bathroom awards. 

Infinity was completed in 2019, as the gateway to the newly developed Green Square Town Centre.

<img alt="" height="843" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/infinity_by_crown_1.jpg" width="1200">

Its 2015 launch saw sales priced up to $3.45 million when more than $350 million worth of apartments were sold at the launch.

Prices for the apartments started from $650,000.

Infinity by Crown Group has 329 residential apartments and 74 hotel apartments in the 20-storey building that has an eye-catching looped design.

Its resort-style facilities for residents include an open-air pool, spa, sauna, gym, roof top terrace, sky lounge, two piano rooms and theatre.

There is also a retail and dining plaza offering the new Italian Street Kitchen, Social Society, McDonald’s, KFC, Bashan Noodles, Gong Cha, Miracle Supermarket and Infinity Health Medical Centre.

The site will soon play host to a 425-seat Infinity Convention Centre.
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Infinity was completed in 2019, as the gateway to the newly developed Green Square Town Centre.



Infinity by Crown Group at Green Square takes out the Urban Developer’s Development of the Year award in its high density residential category 

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Landcom and Mirvac Group have neared completion of OVO at Green Square, which more than 600 residents set to call the landmark building home. 
It was designed by Francis-Jones Morehen Thorp (FJMT) design director, Richard Francis-Jones.
It is the second Landcom and Mirvac building to be completed at Green Square, following the completion of Ebsworth in early 2017 in the transformed former industrial area.
Designed by FJMT in partnership with Mirvac Design, OVO features a distinctive ellipsoid-shaped tower taking advantage of the prime views of the city.
The façade of the building has one of the most complex colour, detail and manufacturing systems Mirvac has delivered, including 1,800 panels in 134 different shapes and 17 different colours.
Mirvac’s CEO Susan Lloyd-Hurwitz said OVO was the gateway to the heart of the Green Square Town Centre, on the corner of Bourke Street and Ebsworth Street.
Green Square’s high street along Ebsworth Street now features a 2,000 square metre Woolworths supermarket and The Social Corner - a community space and cafe.  
Later this year, the City of Sydney will open the civic plaza and library, with more amenities, such as parks and an aquatic centre, set to open in the coming years. 
This has followed the completion of a $32 million community and cultural precinct, complete with a three-storey creative centre, which opened in May 2018.
It as in April 2015 when Mirvac sold 221 apartments on the opening weekend. 
Pricing on the apartments in the 28-storey tower was equivalent to the last two towers the developer had sold in the same burgeoning new precinct.
Rates on level 12 were around $13,000 per square metre, with lower floors cheaper and higher floors dearer. 
Studios were priced from $650,000, with first home buyers paying more than $700,000 for a one bedroom apartment without parking, and two bedroom apartments with one bathroom in the $900,000 range and going up in Ovo, which occupies a prominent gateway location at 956-960 Bourke Street.
Designed by architect Richard Francis-Jones in an elliptical shape, the curving, 28-storey tower features a larger mix of three-bedroom apartments with layouts designed to appeal to households with children.
Some apartments have a bathroom for every bedroom. 
When fully completed around 2030, Green Square’s total population could reach 53,000, according to planning estimates.
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All set for the tallest building at Green Square as OVO celebrates completion

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Residents have been welcomed into Ebsworth, the first apartment building to be completed as part of the $8bn Green Square Town Centre development.
Developed by Mirvac and UrbanGrowth NSW, the building is situated on Ebsworth Street.
The town centre anchors a broader $13 billion Green Square urban renewal precinct which spans 287 hectares.
<img src="https://www.urban.com.au/images/2017/05/19/rsz_ebsworthnew.png" alt="">
The new town centre will deliver much needed retail and community amenity for inner Sydney, as well as jobs and over 30,500 new dwellings. A total of 61,000 people are expected to live in Green Square by 2030.
“Green Square Town Centre is a prime example of our organisation’s ambition to transform city living,” commented UrbanGrowth NSW chief executive Michael Brodie.
“It is enormously satisfying to see this strategic location that was otherwise under-utilised, so successfully transformed into a new transit-oriented development that will provide new homes, community facilities, and job opportunities so close to the CBD,” he said.
Ebsworth offers residents inner-city living, incorporating a diverse range of layouts. It is comprised of 174 one, two and three bedroom apartments with construction completed on schedule earlier this year.
Most residents have already settled and are moving into their new homes. The buyers are a mix of investors, owner occupiers and first home buyers.
Ebsworth residents will enjoy access to high quality amenities including a new Woolworths supermarket on the ground floor of the building opening mid-year, as well as landscaped parks, playing fields, a civic plaza and library, and an aquatic centre to be completed progressively by the City of Sydney.
“Mirvac is extremely proud to be partnering with UrbanGrowth NSW to deliver new homes and a new community for Sydney,” added Mirvac CEO and managing director, Susan Lloyd-Hurwitz.
“Green Square Town Centre showcases Mirvac’s commitment to developing communities within and beyond the boundaries of our developments,” she said.
Mirvac is UrbanGrowth NSW’s delivery partner in Green Square Town Centre, delivering Ebsworth, the adjoining Ovo, No. 8 Ebsworth and Ovo Portman Place - estimated to complete construction by 2018, and future residential, retail and commercial stages.
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First residents move into new Green Square Town Centre

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A luxury top-floor penthouse has surged past property price records in the Sydney suburbs of Green Square, Zetland and Waterloo this month when it sold for $3,598,650.  According to RP Data records, the highest price for a residential apartment situated in Zetland, Green Square and Waterloo was previously held by a three-bedroom penthouse at 8 Sam Sing Waterloo.
Located in the Infinity by Crown Group development, the three-bedroom apartment represents the final sale at the 401-apartment development, which is now officially sold out.  Crown Group recorded $380 million dollars in sales in one day when it first launched the project in 2015.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/04/19/Infinity2.jpg" alt="" width="416" height="286">
The 20-storey building will feature an infinity-edge pool, spa, gym, music room, media theatre, a roof-top terrace, 30 retail outlets, restaurants and cafés; plus a conference centre to hold 450 people. Crown Group global head of sales and marketing, Julian Sedgwick, remarked that the penthouse allowed buyers to own a prestigious home in the city’s next architectural centrepiece.
“The penthouses at Infinity by Crown Group represented a chance for buyers to secure a top-tier, luxury retreat with stunning views of Sydney’s CBD,” he said. “This is a sign of strength within Sydney’s prestige property bastions.”
The 150sqm three-bedroom penthouse features custom-made, floor-to-ceiling glass windows and a spectacular rooftop terrace with panoramic views of Sydney’s CBD.
Boasting bright, naturally-lit living spaces and lavish interior finishes, the luxury penthouse included technology geared for entertainment such as multimedia touch-controlled home automation systems.
“This penthouse at Infinity by Crown Group will be arguably Green Square’s most outstanding apartment showcasing all the benefits of luxury living in Sydney,” added Crown Group sales and marketing director, Roy Marcellus.
“This record-breaking sale reflects customers’ awareness of the premium quality and exclusivity of Crown Group’s apartments. The sale of this penthouses is proof that Sydney’s luxury market is alive and well,” he said.
Additionally, Crown Group has now sold all four level-27 penthouse apartments in its $250-million Arc by Crown Group, which is under-construction in Sydney’s CBD. The $575-million development is located on the corner of Bourke Street and Botany Road and scheduled for completion in 2019.
The next project in the works is the recently Waterfall by Crown Group, located less than 1km from the now sold-out Green Square development, will be launched for sale in June this year.
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Green Square Infinity penthouse smashes suburb price record 

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The final development plot at Sydney's Green Square Town Centre has come on the market and will be being offered through international expressions of interest closing 30 August 2016.
The 811 Elizabeth Street Zetland site is 9,693sqm and zoned for mixed use development. It has three street frontages and market through Knight Frank’s Eugene Evgenikos, Tim Holtsbaum, Dominic Ong and Adam Bodon. 
The site is diagonally opposite the aquatic leisure centre, which will include a 50-metre outdoor pool set within a ‘beach pool’, indoor pools and gym, a park, native landscaping, and play equipment. 
<img src="/images/2016/07/27/green2.jpg" alt="">
Eugene Evgenikos, head of metropolitan sales, NSW, Knight Frank said the soon-to-be-completed 5,500 square metre Drying Green Park, Gunyama Park and the aquatic leisure centre, all located within a short walking distance, provide a remarkable point of difference and desirability for any ensuing development.
“The precedence for high-density development in the immediate vicinity of the new aquatic centre has been well established, with this site being the last piece of the jigsaw puzzle, the missing link, in connecting the boulevard through Green Square town centre,” he said.
The Green Square Town Centre development area is 278 hectares, and will eventually be home to 30,500 new dwellings. This includes approx. 10,000 now under assessment or construction. When fully completed after 2030, Green Square’s total population is expected to reach 61,000.
 
 
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Final residential development site in Sydney's Green Square Town Centre on market

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Three pedestrian only streets are planned for Green Square’s town centre to help make walking the best way to get around Sydney’s fastest growing urban precinct.
Fellmonger Place to the north of the plaza will become an ‘eat street’ filled with cafes and restaurants, while parts of Hinchcliffe and Barker Streets will be traffic free, providing paved links the heart of the town centre. Lord Mayor Clover Moore said the City was future-proofing the area by giving walking and cycling infrastructure top priority.    “Walking will be the quickest, easiest and most pleasant way to explore the Green Square neighbourhood, so we’re doing all we can to create wide, accessible footpaths, surrounded by trees and gardens, with quiet backstreets for locals and visitors to explore,” the Lord Mayor said.   “Planning Green Square from the ground up means we have a unique opportunity to put people first and create a main street that’s wide and comfortable for walkers, riders and drivers.    “Most people don’t realise that the heart of Green Square is only three kilometres, a 40-minute walk from Central, making walking or riding a bike a great transport option.”   The City has committed $540 million over 10 years for the delivery of the town centre, a 13-hectare site that will become the community’s epicentre. Roughly the same size as Hyde Park, residents and visitors will be able to walk across the town centre in about 10 minutes.   Zetland Avenue, Green Square’s 36-metre-wide tree lined boulevard provides pedestrians and cyclists with generous footpaths and separated off road cycleways, centrally located to link people directly between the creative arts hub, parklands, the aquatic centre, the library and plaza, and onto the Green Square railway station and retail /commercial areas. The close proximity of all new community facilities makes walking and cycling the easiest and most time effective transport options.   Surrounding streets will have their own unique character with high-quality permanent and temporary artworks, creating attractive opportunities to walk or cycle through the area. More than 60,000 people will move into 30,500 new homes in Green Square by 2030, making it Australia’s densest residential area.  Work on the town centre’s streets has started and will continue over the next three years as the rest of the area is developed.
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