Design-led developer-builder Lowe Living has unveiled its latest residential development, Jardin House, marking its first foray into Melbourne's blue-chip City of Boroondara.

Located a short walk from Camberwell Junction, <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House</a> has been designed to appeal to affluent local downsizers and established families seeking a low-maintenance alternative to the large homes that have long defined Camberwell and surrounding suburbs.

The project will comprise a collection of two and three-bedroom apartments ranging from 92 sqm to 280 sqm, alongside a limited number of penthouse residences featuring rooftop terraces spanning more than 100 sqm, with optional private pools.

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Lowe Living Co-Founder and Managing Director Tim Lowe said Camberwell represented a natural next step for the developer as it expands into some of Melbourne's most tightly held residential markets.

"Jardin House is an important project for our team as it marks the next evolution of our portfolio into different well-established blue-chip pockets of Melbourne," Lowe said.

"Camberwell, with its incredible walkability, family-led neighbourhood feel and superb access to education and transport, makes it a natural choice for us."

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Designed by Tristan Wong Architects, with interiors by Hecker Guthrie and landscaping by Acre, the development takes inspiration from the Art Deco architecture that remains a defining feature of many of Camberwell's established streets.

A curved facade, arched openings, textured brickwork and sculpted forms reference the suburb's architectural heritage, while extensive landscaping softens the building's presence and creates a strong connection to the surrounding tree-lined streetscape.

The project will be set behind a secure gated entrance, with residents arriving through landscaped gardens designed to create a transition between the public realm and private residences.

Inside, the residences feature natural stone and timber finishes, full-height glazing, Miele appliances and generous open-plan living areas designed for long-term owner occupation.

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While the apartments themselves have been designed to attract discerning owner-occupiers, it is the amenity offering that sets Jardin House apart from many other boutique projects currently launching across Melbourne.

The centrepiece is a 350 sqm private bathhouse curated in partnership with Aurora Spa &amp; Bathhouse founder Lyndall Mitchell.

The wellness precinct includes mineral pools, hydrotherapy experiences, a Himalayan salt room, sauna, steam room, cold plunge pools and dedicated relaxation spaces, creating what Lowe Living describes as a private wellness retreat exclusively for residents.

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The collaboration follows Lowe Living's recent partnership with Aurora at Maison Savoy in Brighton, although Jardin House is the first project to incorporate both indoor and outdoor wellness experiences.

Emma Lowe, Co-Founder and Managing Director of Lowe Living, said wellness was becoming an increasingly important consideration for apartment buyers.

"Collaborating with Lyndall Mitchell from Aurora Spa &amp; Bathhouse for a second time is an intentional nod to creating residences that are more than just homes, but a way to enrich the lives of our residents through wellness and longevity," Lowe said.

The amenity offering is complemented by a Technogym fitness studio, residents' lounge, private dining spaces and concierge services.

The launch comes as developers increasingly target Melbourne's established eastern suburbs, where rising land values, ageing housing stock and growing downsizer demand are creating opportunities for boutique apartment projects.

Lowe said the company expects significant generational wealth transfer across suburbs such as Camberwell in coming years, creating further demand for luxury apartment living.

"Camberwell is a blue-chip suburb where homes regularly transact for multiple millions of dollars," he said.

"The generational change of wealth in these locations expected in the coming years is significant, so we see an opportunity to create exclusive residences that appeal to older families and downsizers in order to meet this demand."

Apartments at Jardin house start from $1,195,000. The project forms part of Lowe Living's near-$1 billion portfolio of new developments across Melbourne.

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Joel Robinson

Lowe Living launches Jardin House in Camberwell

As <a href="https://www.apartments.com.au/developments/north-sydney-nsw-2060">North Sydney</a> continues its transition from a commercial centre into a more layered residential and lifestyle precinct, a new generation of apartment developments is reshaping expectations around scale, amenity, and long-term liveability.

Improved transport connections through the Victoria Cross Metro, continued investment in dining and public spaces, and a constrained supply of new luxury apartments have sharpened demand for homes that combine proximity to the CBD with the privacy and outlook traditionally associated with harbourside houses.

At 177 Walker Street, <a href="https://www.apartments.com.au/developers/aland">ALAND</a>’s new apartment development <a href="https://www.apartments.com.au/new-apartments/the-walden-north-sydney-177-walker-street-north-sydney-nsw-2060">The Walden</a> enters the market with a distinctly residential approach to high-rise living. The 30-level tower will deliver 161 residences, ranging from one-bedroom apartments through to sub-penthouses and a full-floor penthouse, all oriented to capture uninterrupted views across Sydney Harbour, the Opera House, and out toward the Pacific Ocean.

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Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, the project takes advantage of the site’s natural topography and elevated position above the harbour. Rather than relying on density alone, the architecture focuses on outlook, orientation, and spatial flow, with every apartment occupying a corner position to maximise natural light and cross ventilation.

Rothelowman says the site itself shaped much of the architectural response.

“The site has a long history in terms of its inevitable transformation and when we came in, we took inspiration from the idea of reestablishing a sense of the site’s natural terrain and fall. Our scheme aims to integrate with the terrain and the landscape, using the undulating site to slowly reveal glimpses and views of the harbour. The rotation of the tower off grid means every apartment has a view and is naturally cross ventilated. The building's colour palette is quintessentially Sydney, with bronze and sandstone and a luminescent green colour in the glass, making it very earthy and grounded in its location.”

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Inside the residences, the emphasis moves toward larger-format living typically associated with standalone homes. Kitchens sit at the centre of the apartments, connecting directly to open-plan dining and living areas before extending outward into expansive winter gardens and balconies. Calacatta marble, bespoke joinery, integrated appliances, and custom metal detailing are used throughout, while three distinct interior palettes, Terrace, Opera, and Harbour, allow buyers to personalise the spaces without compromising the architectural consistency of the project.

The larger residences place particular attention on separation between entertaining and private zones. In many apartments, master suites occupy the outer corners of the floorplates, allowing bedrooms to benefit from floor-to-ceiling glazing and harbour outlooks independent of the living spaces. Dressing rooms and ensuites continue the material palette through fluted detailing, freestanding baths, and layered stone finishes.

Rothelowman says the design intent centred on creating homes that feel enduring rather than transient.

“Our philosophy is all about the way people live in these spaces, and we wanted to create homes that reflect the quality of life in this unique Sydney location. The apartments showcase expansive living spaces that are generous, sophisticated, and bold, with the ability to connect with views throughout each apartment.”

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A separate four-storey amenity building known as The Pavilion expands the residential offering beyond the apartments themselves. Positioned alongside the tower, the building consolidates wellness, recreation, and social spaces into a dedicated resident retreat. Facilities include a 20-metre rooftop pool and sundeck, sauna, spa, ice bath, wellness studio, gymnasium, concierge service, wine cellar, residents’ lounge, private dining spaces, and dedicated co-working areas with meeting rooms and boardroom facilities.

The amenity mix reflects the buyer profile emerging in North Sydney, where owner-occupiers and downsizers are increasingly prioritising convenience, apartment scale, and long-term usability over purely investment-driven decisions.

The Walden also represents a significant milestone for ALAND, marking the company’s first major move into Sydney’s inner-city luxury apartment market after more than two decades delivering large-scale residential communities across Greater Sydney. Founder Andrew Hrsto says the Walker Street site stood apart because of both its positioning and its rarity.

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“As a company, we had been searching for a site in one of Sydney’s blue-chip locations, spanning the Eastern Suburbs, the Sydney CBD and the North Shore, and when we had the opportunity to purchase this site, we immediately recognised that it could be something iconic.”

At launch, The Walden recorded more than $103 million in sales, with buyers drawn to the project’s harbour positioning, apartment scale, and proximity to the Metro, which now connects North Sydney to Barangaroo in three minutes and Martin Place in five.

ALAND has commenced construction, and is expecting a completion date in 2028.

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The Walden pairs house-scale living with North Sydney connectivity

The ACT will become the first jurisdiction in Australia to abolish stamp duty for all first home buyers, with no income caps and no property price thresholds from 1 July.

The move, announced as part of the ACT Budget, completes a key election commitment from the Barr Government and removes what Chief Minister Andrew Barr described as one of the biggest barriers to entering the housing market. The reform forms part of the ACT's long-running transition away from transaction taxes and towards a broader-based property tax system.

"This budget marks a major milestone in our long-term tax reform program," Barr said, adding that the government had maintained a sustained focus on removing barriers to home ownership. He said stamp duty had long been one of the largest upfront hurdles facing buyers and that from July, "that barrier is gone" for first home buyers in the Territory.

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The changes come alongside a range of measures designed to encourage new housing supply, including support for the delivery of so-called "missing middle" housing such as terraces, townhouses and low-rise multi-unit developments.

The announcement has renewed debate around whether the ACT's approach could provide a blueprint for improving housing affordability nationally.

New research from OurTop10.com.au, conducted by Primara Research, suggests the Territory's decade-long reform agenda has produced outcomes unmatched elsewhere in Australia.

While stamp duty costs have increased by an average 67 per cent nationally over the past decade, the ACT has recorded growth of just 15 per cent, the lowest increase of any jurisdiction.

The Territory has also emerged as one of the strongest performers on housing delivery. Based on population-weighted housing targets, the ACT is sitting less than one per cent behind its target. Victoria is the next closest at seven per cent behind, while the national average sits 25 per cent below target. New South Wales is tracking 39 per cent behind.

The latest reform removes one of the final barriers facing first home buyers in Canberra.

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The average Australian home buyer currently pays $61,714 in stamp duty. In the ACT, that figure is $38,399 despite the Territory having the third-highest median house price in the country.

Until now, the ACT's first home buyer concession scheme only applied to purchases up to $1.02 million, around $51,000 below Canberra's median house price of $1.071 million. In practical terms, many first home buyers were unable to access the median-priced home without losing the concession.

From July, those restrictions disappear.

Every first home buyer in the ACT will pay no stamp duty, regardless of income or purchase price.

Canberra remains one of Australia's most expensive housing markets, with dwelling values increasing 82 per cent over the past decade. However, that growth ranks only 11th among Australia's 15 major housing markets, suggesting affordability pressures have been less severe than in many other parts of the country.

Simon Ma, CEO of OurTop10.com.au, said the latest reforms recognise that many first home buyers have simply outgrown thresholds set years ago.

"Many first home buyers aren't just looking for a way onto the ladder, they want a home their family can actually live in," Ma said.

"In a market where the median house price is over a million dollars, a concession scheme that cuts out at $1.02 million was never going to get them there.

"Removing the ceiling entirely means ACT first home buyers can now pursue the home they actually want, rather than limiting themselves to a price point designed for a very different market."

Whether other states follow remains to be seen. But at a time when most jurisdictions are struggling to improve affordability while also increasing housing supply, the ACT has quietly become the national test case for both.

15% stamp duty growth. Just 1% off the national housing target. Zero stamp duty for FHBs. Is the ACT the blueprint for the great Australian dream?

ACT abolishes stamp duty for first home buyers

A rooftop pool and spa overlooking the Brisbane CBD, private dining spaces, expansive landscaped gardens and a residents' lounge are set to crown <a href="https://www.apartments.com.au/new-apartments/callista-on-park-west-end-49-mollison-street-west-end-qld-4101">Callista on Park</a>, the final residential building within Brisbane's West Village precinct.

The rooftop amenity collection has been designed as an extension of the lifestyle already established throughout West Village, providing residents with a series of indoor and outdoor spaces that capitalise on the building's elevated position above West End.

A swimming pool and heated spa form the centrepiece of the rooftop offering, surrounded by landscaped gardens developed through a collaboration between developer Sekisui House and ASPECT Studios. The design incorporates expansive lawn areas surrounded by English garden-inspired planting.

[smartcode_project:default project_id=134800 project_image_fid=370648]

Residents will also have access to two barbecue and outdoor dining areas positioned to take advantage of views across Brisbane's skyline, neighbouring Mollison Park, and the surrounding inner-city landscape.

For larger gatherings, the rooftop includes a private dining room centred around a substantial stone island bench, complete with a full kitchen and a 10-seat dining table set beneath four-metre-high ceilings. The space has been designed to overlook both the rooftop gardens and the Brisbane CBD skyline.

A separate residents' lounge provides an additional indoor retreat connected to the broader rooftop amenity offering, creating another space for residents to work, relax or entertain guests.

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The attention to detail extends beyond the rooftop.

Upon arrival, residents will enter through a lobby featuring a bespoke ceiling light installation developed in collaboration between Sekisui House and Alcorn Middleton Architecture. The arrival experience is complemented by private resident mailboxes and carefully considered interior finishes designed to reflect the premium positioning of the building.

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The amenity offering forms part of Callista on Park, the final residential release within the decade-long transformation of the former Peters Ice Cream Factory site into West Village, one of Brisbane's most established mixed-use communities.

Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> and being delivered by <a href="https://www.apartments.com.au/builders/hutchinson-builders">Hutchinson Builders</a>, Callista represents the most premium residential offering within the masterplanned precinct.

Construction is now entering its final stages, with scaffolding beginning to come down and completion expected in the first quarter of 2027.

Prices for the three-bedroom plus MPR apartments start from just over $2.6 million.

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Callista will mark the final opportunity to purchase within West Village, where residents have direct access to more than 35 retail, dining, wellness and medical operators including Harris Farm Markets, Woolworths, Function Well and Goodlife Health Clubs, Metro Arts, and a growing collection of restaurants and cafés.

Located just 800 metres from the Brisbane CBD, the precinct also places residents within walking distance of South Bank, West End's dining scene, riverfront parklands and major public transport connections.

For Sekisui House, which has delivered more than two million homes globally, Callista serves as the concluding piece of the West Village masterplan, bringing together the precinct's heritage character, parkland setting and emphasis on walkability in a final collection of larger-format residences.

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Rooftop pool, private dining and skyline gardens to crown West Village's final apartment release, Callista on Park

<a href="https://www.apartments.com.au/developments/wahroonga-nsw-2076">Wahroonga</a>’s enduring appeal has long been tied to its balance of bushland, established amenity, and access to some of Sydney’s most respected education and healthcare institutions.

Along Fox Valley Road, that combination is becoming increasingly sought after by buyers looking to remain connected to the Upper North Shore lifestyle while prioritising walkability, wellbeing, and convenience.

Developer Capital Corporation's initial vision of a 62-hectare site on Fox Valley Road was that they could create their own walkable community, bordered by&nbsp;more than 25 hectares of bushland and adjoining Coups Creek.

<img alt="Wahroonga" data-entity-type="file" data-entity-uuid="b84917a1-0d75-49b9-888c-ddf7ebfd6692" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/NEW2026_Wahroonga_Walkway.gif?VersionId=Gk3_xi5ssYfalmwuQQ5umQakddceC31j" />

<a href="https://www.apartments.com.au/new-apartments/the-residences-at-wahroonga-estate-169-fox-valley-road-wahroonga-nsw-2076">The Residences at Wahroonga Estate</a> draws directly on the area’s natural landscape, with walking trails and green corridors linking into sections of Lane Cove National Park. The surrounding network of bushwalks, cycling tracks, and reserves reinforces the suburb’s long-standing reputation as one of Sydney’s most nature-oriented residential pockets, while still maintaining close ties to village retail and transport infrastructure.

The address places residents within minutes of Wahroonga and Turramurra villages, where cafés, local grocers, boutiques, and everyday services support a highly localised lifestyle. Popular nearby venues including The Fox Café and Breeze Valley Café provide easy options for morning coffee or casual dining, while longstanding retailers such as IGA Wahroonga Fresh and Novella Fine Books continue to anchor the area’s village character.

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<img alt="Wahroonga" data-entity-type="file" data-entity-uuid="c4a950f7-4f05-4370-b360-b106359788e5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/2026_Wahroonga_Entry_Gates.gif?VersionId=7n5kh9ymu.azYEYDemJkPgiIAfSw44oj" />

Healthcare access remains one of the defining locational advantages of the estate. Sydney Adventist Hospital, known locally as The San, sits directly adjacent and is one of the largest and most respected private hospitals in New South Wales. The hospital precinct incorporates specialist medical services, radiology, physiotherapy, and outpatient care, contributing to growing buyer demand from downsizers and owner-occupiers seeking long-term convenience and peace of mind.

Research commissioned by Capital Corporation found that health and wellbeing considerations are increasingly influencing downsizing decisions, particularly among buyers wanting to remain within familiar neighbourhoods while accessing medical infrastructure more easily.

Education has also historically underpinned demand across Wahroonga and the broader Upper North Shore. The estate sits close to several of Sydney’s leading private and independent schools, including Knox Grammar, Abbotsleigh, Barker College, Pymble Ladies’ College, Ravenswood School for Girls, and Loreto Normanhurst. Co-educational options including Wahroonga Adventist School and Sydney Adventist School further strengthen the area’s appeal to established families looking for long-term schooling pathways within a tightly held catchment.

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Transport connectivity supports the suburb’s liveability without compromising its quieter residential character. Wahroonga and Turramurra train stations provide direct rail access into the Sydney CBD, while the nearby Pacific Highway and M1 motorway strengthen links across the North Shore and broader metropolitan area. At the same time, the heavily treed streetscape and low-density character continue to distinguish the precinct from more urbanised parts of Sydney.

The Residences at Wahroonga Estate forms the first stage of <a href="https://www.apartments.com.au/developers/capital-corporation">Capital Corporation</a>’s broader masterplanned vision for the precinct, delivered alongside the Seventh-day Adventist Church.

[smartcode_project:default project_id=135247 project_image_fid=364995]

Designed by <a href="https://www.apartments.com.au/architects/group-gsa">GroupGSA</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/coco-republic-interior-design">Coco Republic</a>, the development integrates landscaped communal spaces including a pet-friendly Green Spine, resident lounge, BBQ pavilion, and direct bushland access, reinforcing the project’s focus on outdoor connection and community-based living.

Now under construction by Gold Star iCIRT-rated builder <a href="https://www.apartments.com.au/builders/dasco-australia">DASCO</a>, The Residences at Wahroonga Estate will deliver a collection of one, two, and three-bedroom apartments priced from $990,000, with completion anticipated in 2027.

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Capital Corporation to cater to Upper North Shore downsizers by creating walkable community at The Residences at Wahroonga Estate

Lower North Shore

The tightly held Neutral Bay pocket is set to welcome another collection of luxury apartments.

Pertama Developments, who recently completed&nbsp;The Stella Rose Bay, are behind the project, integrated design firm Marchese Partners to put together the plans for nine apartments at 1 Spruson Street. Pertama secured the amalgamated site earlier this year when it was pitched by CBRE to attrach a high-end residential developer.

There will be a mix of three, four and five-bedroom apartments, targeting the popular downsizer market in the affluent area.

<img alt="The Neutral Bay site" data-entity-type="file" data-entity-uuid="6e276bc8-a6a0-4ced-9e5d-1736f529fecf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-08-25%20at%207.55.53%20am.png?VersionId=zokjKU609My7qpekSjjS3TdNghI4ZZJL" />The Neutral Bay site. Image credit: CBRE

&nbsp;

In their design statement submitted to the local council, Marchese Partners noted that the&nbsp;use of natural stone for the interface at Spruson Street at podium levels connects the built form to its neighbouring context, while the vertically the central surface is finished in a white render. A recessed penthouse level crowning the residences with bronze aluminium panels.

"The buildings play with contrasts as a way of providing articulation to the refined facades and the overall composition of lighter and darker materials that assist in the vertical stratification of the proposal," the statement read.

"Deep breaks in the building elevations also help to create vertical breaks into the generally horizontally proportioned elevations, breaking up the perceived mass of the buildings and creating a more modulated building composed of visually smaller building elements.&nbsp;

"The view corridor proposed across the site is circa 9.5-metres wide, which creates the two built forms, along with opening up aspects for all residents to the Sydney Harbour Bridge."

&nbsp;

Floorplans range from 149 sqm to 344 sqm. Each apartment is connected to expansive balconies or courtyards extending off the living space, which will&nbsp;feature large panes of glass, allowing natural light to filter through, whilst also opening up the residences to views to the Harbour Bridge and city skyline.&nbsp;

Neutral Bay has been a hotspot for local developers so far in 2022.

The most recent application came from WINIM, who has lodged plans to transform a landmark 1905-built&nbsp;duplex at 112-114 Wycombe Road,&nbsp;near the Neutral Bay village.

<img alt="WINIM's redevelopment The Wycombe" data-entity-type="file" data-entity-uuid="db0aedb2-d70e-48c0-8bf1-be400626f2a7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-08-09%20at%208.08.01%20am.png?VersionId=uO8YF8lPHdTCqpAx7deZLcV2MxGUy_Xf" />WINIM's The Wycombe. Image credit: Rothelowman

The Abadeen Group also has a string of projects set for the area.

Following the recent launch of the group's Enso project, they also released plans for a site at&nbsp;7-11 Premier Street, near Forsythe Park, with PBD Architects drawing up the plans for a part four-level, part&nbsp;five-level development with 18 apartments, with a mix of two and three-bedroom offerings.&nbsp;

The Woolworths Group will also find a home in the exclusive enclave, with the group set to redevelop a mixed-use site across Rangers Road.&nbsp;

Their plans&nbsp;include reinvigorating the already existing retail space across the site, along with developing residential apartments, an activated pedestrian laneway and public plaza.&nbsp;

In the heart of Neutral Bay, Alton Property Group have amalgamated a massive nine lot site, where 40 apartments will be built, while at&nbsp;96 Ben Boyd Road, Podia has lodged plans for a 23-apartment development.&nbsp;

Pertama Developments, who recently completed The Stella Rose Bay, are behind the project

Neutral Bay apartment pipeline grows with another new luxury development

Inspired by the lush, green landscape of Newlands Park, Audrey has been crafted and inspired by the timeless classicism of New York.

Each of the communal spaces within Audrey have been designed as an extension of the homes.

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Taking inspiration from luxury resorts around the world, Audrey delivers a number of curated communal spaces set to imbue a grand hotel experience.

The expansive skygarden terrace benefits from views across the Sydney skyline and beyond, complete with wood-panelled lounges and dining space, surrounded by lush verdant landscaping.

Audrey also includes a pool and spa, a training studio, a private dining room, a music room, and a resident’s cinema.

Hyecorp's Head of Sales, George Benlian says the building was designed with a work-from-home importance, which then extended into the amenity offering at Audrey.&nbsp;

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"Audrey, St Leonards offers its residents a level of luxury amenity usually only found in the world's most luxurious hotels,"&nbsp;Benlian said.&nbsp;

With high-level amenity a signature of Hyecorp's, the group believes access to amenity can add value and desirability to a property.&nbsp;

"What sets us apart is our focus on providing for the owner occupier, with amenities being an extension of their homes."

As the importance of offering more than just a pool and a gym within residential projects continues to grow, Benlian says amenities today are crucial for the design of new projects.&nbsp;

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"As communities are developed with the aim of improving the quality of life of residents, many prospective buyers and investors increasingly aspire to have spaces for activities inside their own domain, both for convenience and the time it saves."

"Amenities provide luxury, but they also save time, the one asset we can’t buy or get back."

"Residents can enjoy hosting a private party within the private dining room, host the world cup on the big screen and have their children practice the flute in the music room without disturbing neighbours or having to worry about if they have the space; momentous occasions and memories are made."

With Hyecorp having a history of giving back to the community, Audrey is also set to include a day care within the building.&nbsp;

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"The day care is being delivered in partnership with Lane Cove Council as a future asset owned by Lane Cove Council to service the future residents of the St Leonards South precinct," Benlian added.&nbsp;

Designed by renowned local architecture firm, SJB, Audrey delivers&nbsp;84 apartments across its 12 levels on Canberra Avenue.&nbsp;

Comprising a mix of one, two and three-bedroom apartments, the development still has a limited number of each floorplan available, with&nbsp;many of the residences featuring&nbsp;studies or multipurpose rooms.&nbsp;

With floorplans spanning from 61 sqm to 142 sqm, the homes flow seamlessly onto sculpted balconies and terraces, which are home to cascading gardens and planters, enhancing the indoor-outdoor experience, as well as providing sweeping views to the park and Sydney city skyline.

[smartcode_project_cta: project_id=110379]

Taking inspiration from luxury resorts around the world, Audrey delivers a number of curated communal spaces set to imbue a grand hotel experience.



alisonwarters@gmail.com

Inside Hyecorp's amenity-rich St Leonards apartment project, Audrey

The now national apartment developers,&nbsp;Sun Property Group, are heading back to Sydney’s Lower North Shore for their latest residential project, with plans submitted for a nearly 1600 sqm site in Mosman.

The group has previously developed in the area, with their award-winning central junction apartments, Ashton - which were named in honour of artist and teacher Julian Ashton – also in Mosman, along with projects across Cremorne, Lane Cove and Willoughby.

SPG’s latest acquisition at 64-66 Spit Road is the home of the old Mosman Post Office, which will be transformed into 34 luxury apartments, along with retail tenancy space.

<a href="/new-apartments/mosman-nsw-2088"><img alt="" data-entity-type="" data-entity-uuid="" height="794" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-23_at_4.37.29_pm.png" width="1582" /></a>

Render of the proposed apartment building at 64-66 Spit Rd, Mosman. Credit: a+ design group

Sydney-locals, A+ design will handle the design of the mixed-use site that SPG say will be developed to suit the owner-occupier and local business owner.

A mix of one, two and three-bedroom apartments will be on offer, ranging from 80 sqm to 125 sqm internally.

Each adjoins to generous winter gardens, which have been designed as an extension of the living spaces, so that views and outdoor living can be maximised.

Crowning the building will be a communal residents’ area, complete with dining space and seating areas, basking in landscaped gardens and greenery.

<a href="/new-apartments/mosman-nsw-2088"><img alt="" data-entity-type="" data-entity-uuid="" height="726" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-23_at_4.38.06_pm.png" width="1277" /></a> 
Render of the proposed apartment building at 64-66 Spit Rd, Mosman. Credit: a+ design group

The $28 million project will add to a growing list the group currently has in their pipeline.

Currently under-construction and designed again by a+ design, SPG will soon deliver a collection of apartments to Lane Cove, with, Lane Cove Central, along with 19 two and three-bedroom apartments at Neutral Bay with, Bala.

SPG recently branched out into the Melbourne market with Euroka in Toorak, one of Melbourne's blue chip suburbs.

[smartcode_project:default project_id=109759 project_image_fid=185211]

Euroka&nbsp;is inspired by Melbourne’s iconic Roy Grounds House – once home to one of Victoria’s most influential modern architects.

The renowned architect and design firm,&nbsp;Carr Design, has created the 10 luxury apartments, which includes two ultra-luxury penthouses.

They have another site in Toorak at 226-228 Williams Road which will also home&nbsp;a boutique apartment project.

Earlier this year they secured a Chatswood site with a view to create two towers and around 180 apartments.

A mix of one, two and three-bedroom apartments will be on offer, ranging from 80 sqm to 125 sqm internally.



Sun Property Group head back to Mosman to deliver their latest set of residential apartments

Set in the heart of one of Sydney&rsquo;s most prized harbour enclaves, Ashton is a brand-new addition to the Lower North Shore.

Located on Spit Road, this private sanctuary is the epitome of luxury with 14 residences meticulously planned.

Designed by a+ Design Group, Ashton was the winner of the Sydney Design Awards 2020.

Urban takes a look at five reasons you should consider an apartment at Ashton.

1. Developed by Sun Property

[smartcode_project:default project_id=29139 project_image_fid=82423]

Since its inception in 2010, Sun Property has grown an enviable portfolio of projects, specialising in premium boutique residences and mixed-used developments across Sydney&rsquo;s Lower North Shore.

The developers create engaging places that boast exceptional urban amenities and a quality lifestyle.

Sun Property is a property development company which is dedicated to the creation of quality residential projects

2. Luxurious Residences

[smartcode_project:default project_id=29139 project_image_fid=82424]

Graceful in design and presence, each of the boutique apartments beautifully captures the essence of Mosman&rsquo;s proud cultural heritage.

The architects, a+ Design Group, have tailored the space with light, geometry and proportion, with a unique identity and careful considerations.

The Hamptons-inspired interiors provide a canvas for each residents&rsquo; personal flair.

3. Lower North Shore Location

[smartcode_project:default project_id=29139 project_image_fid=82425]

Ashton sets a new standard for burgeoning developments in Mosman, with a prime position delivering convenience and a community feel.

The development is surrounded by the backdrop of Sydney Harbour and its national park and is just footsteps from the vibrant Mosman village scene.

This includes its beaches, art galleries, grand historic homes, caf&eacute; culture and direct transport to Sydney&rsquo;s CBD.

4. Impressionist-inspired Architecture 

[smartcode_project:default project_id=29139 project_image_fid=82426]

Ashton&rsquo;s architecture is influenced by the narrative of an impressionist painting.

The project is named in honour of Julian Ashton, a well-established artist in both oils and water-colour known for his romantic figure-paintings and his Australian landscapes.

Artists&#39; camps flourished around Sydney Harbour in the 1880s and 1890s, mainly in the Mosman area making it &quot;Australia&#39;s most painted suburb&quot;, and its iconic shoreline has captured the hearts of many of Australia&rsquo;s most famous artists.

5. Resident Amenities

[smartcode_project:default project_id=29139 project_image_fid=82421]

The Mosman development features communal amenities for its residents and generous living areas.

Apartments flow into an expansive outdoor terrace or wintergarden, as well as a rooftop garden with views overlooking Sydney and Mosman&rsquo;s surrounding streets.

Among its other features include ground-floor commercial space, basement parking, lift access and full security.

Residences in the complex begin from just $845,000.

Located on Spit Road, this private sanctuary is the epitome of luxury with 14 residences meticulously planned

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Five reasons to secure a Sydney apartment at the exclusive Mosman residence, Ashton

Riserva Cammeray, the luxury Sydney project from developer Pierce Property, has seen half of its residences&nbsp;snapped up by owner-occupiers before construction starts.

The boutique development on the lower north shore with sweeping views of Middle Harbour has been described as an ultimate&nbsp;downsizer/empty-nester opportunity.

[smartcode_project:default project_id=13951]

&ldquo;Like the fine wine which is its namesake, Riserva Cammeray will boast timeless design, as well as unparalleled quality, nestled in natural sanctuary between two premium golf courses,&rdquo;&nbsp;Mansour said.

<a href="/buildings/riserva-63-carter-street-cammeray"><img alt="" height="719" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/riserva_cammeray_2.jpg" width="2000" /></a>

&ldquo;Downsizers from the Upper and Lower North Shore who are looking for a &lsquo;lifestyle&rsquo; change will be the perfect fit, he said.&quot;

Riserva Cammeray has been designed by DKO Architecture to consider its natural&nbsp;surroundings.

The three bedroom apartment prices start from $2.29 million and prices start for two bedroom apartments start from $1.6 million, although only a few two bedders remain.

<a href="/buildings/riserva-63-carter-street-cammeray"><img alt="" height="1067" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/riserva_cammeray_4.jpg" width="1600" /></a>

Every apartment in the five level development, located top of the crest between Carter Street and Cammeray Road, has a balcony or outdoor entertaining space.

&ldquo;We&rsquo;ve already received strong interest among existing residents in the Upper and Lower north shore wanting to downsize and be closer to the city while simultaneously enjoying the quiet and tranquillity that Cammeray as a harbourside suburb offers,&quot; Mansour added.

Riserva Cammeray has been designed by DKO Architecture to consider its natural surroundings.

Why downsizers are attracted to Cammeray's Riserva apartments

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Admittedly, $700,000 is nearing the bottom end of the Lower North Shore market, but it can still buy you a unit style property with plenty of up-side, according to a recent Herron Todd White (HTW) residential report. 
The valuation firm took a look at how a budget of $700,000 could be invested in property markets across the nation. 
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"Normally when we mention Sydney’s Lower North Shore, we are referring to multi-million dollar prestige properties on expansive allotments with landmark views.
"However, there is another sector of the market on the Lower North Shore which fits the criteria for this month’s lazy $700,000 discussion," the valuation firm said. 
Looking at the suburb of Neutral Bay, just 1.5 kilometres from the Sydney CBD, a one-bedroom unit with parking within a classic circa 1960 or 1970 walk-up style unit complex is still readily available. 
Although at the lower end of the market, a unit such as this in Neutral Bay still offers proximity to amenities, restaurants and retail, public transport (buses and rail depending on position) and the harbour foreshore. 
An example of a recent sale of such a property is<a href="https://www.realestate.com.au/sold/property-apartment-nsw-neutral+bay-133207122" target="_blank"> 9/389A Alfred Street, Neutral Bay</a> (pictured below), selling in March this year for $640,000.
This is a 1960’s style, one-bedroom, one-bathroom, updated, north facing unit with a small balcony and a single car space.
<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/2020/7/28/neutral%20bay%202.jpg" alt="">
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Typically, these units are in demand from young professionals, downsizers or investors. A unit such as the one described above would likely achieve a weekly rental of $500, resulting in an approximate yield of four per cent, the report noted. 
Although this return is not setting any records, capital growth is historically strong on the Lower North Shore and this forms part of the attraction for investors.
"We would expect this sector of the market to continue to perform well in the future, primarily underpinned by the central location, public transport and convenient access to the Sydney CBD," the valuation firm said. 
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What $700,000 can buy in the Lower North Shore: HTW residential 

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The Lower North Shore, often a unique market, can fluctuate either way in a hurry, according to the latest Herron Todd White (HTW) residential report. 
The report noted that last year, as the general property market started to weaken, this region was quite resilient and still saw some very positive results.
"This was especially true in the prestige section of the market with higher value properties outperforming the rest of the market and with a record number of sales," the valuation firm said. 
"Now almost half way through 2019, we take stock of which direction this market is headed.
"The affluent suburb of Mosman, the most well known suburb on the lower north shore, is often the best indicator of where the market currently stands."
The most recent statistical data sourced from realestate.com.au, indicates a median house price for April 2019 of $3,782,500.
A recent sale in Mosman was a renovated full brick Federation house (pictured above).
The three bedroom home at <a href="https://www.realestate.com.au/sold/property-house-nsw-mosman-131171338" target="_blank">41 Countess Street </a>was sold for $3.35 million. 
It comprises master bedroom, two additional bedrooms, media or fourth bedroom, open plan living/dining space, kitchen with breakfast bar, and covered alfresco area. 
It's close to Countess Park, city buses, shops, schools and restaurants. 
"Comparing this price to the median from December 2018, indicated at $3.9 million, we see an obvious weakening trend," the valuation firm commented. 
It would appear that this time around, Mosman is following the trend of the general market cycle, according to the HTW report. 
The prestige sector of Mosman, having experienced a booming few years, also seems to have significantly quietened.
Researching the number of transactions that have occurred over $5 million in Mosman so far in 2019, it appears that there have only been three such transactions in the suburb and none over $10 million, according to CoreLogic data.
"This is in contrast to 2018 where we saw a total of 85 sales over $5 million for the year, 34 of those between January and May," the valuation firm said.
"Local selling agents have indicated that there has certainly been a decline in activity over $5 million, however quality properties are still attracting plenty of interest from genuine buyers."
The unit sector of Mosman usually performs very well and in line with the dwelling market.
With all the talk of over-supply in the form of high-density development, Mosman is partly immune from this issue.
There has been limited high density unit development in Mosman, with most new strata properties being targeted at downsizers.
The report suggests this product is more likely to be lower density and higher quality, aimed at those looking for a low maintenance lifestyle.
The most recent statistical data sourced from realestate.com.au indicates a median unit price for April 2019 of $980,000.
<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/2019/6/19/mosman%202.jpg" alt="">
A two bedroom apartment at Mosman with panoramic harbour and district views was sold for $985,000 in May.
The top floor apartment at <a href="https://www.propertyobserver.com.au/been%20a%20decline%20in%20activity%20over%20%245%20million,%20however%20quality%20properties%20are%20still%20attracting%20plenty%20of%20interest%20from%20genuine%20buyers.%20The%20unit%20sector%20of%20Mosman%20usually%20performs%20very%20well%20and%20in%20line%20with%20the%20dwelling%20market.%20With%20all%20the%20talk%20of%20over-supply%20in%20the%20form%20of%20high-density%20development,%20Mosman%20is%20partly%20immune%20from%20this%20issue.%20There%20has%20been%20limited%20high%20density%20unit%20development%20in%20Mosman,%20with%20most%20new%20strata%20properties%20being%20targeted%20at%20downsizers.%20This%20product%20is%20more%20likely%20to%20be%20lower%20density%20and%20higher%20quality,%20aimed%20at%20those%20looking%20for%20a%20low%20maintenance%20lifestyle.%20The%20most%20recent%20statistical%20data%20sourced%20from%20realestate.com.au%20indicates%20a%20median%20unit%20price%20for%20April%202019%20of%20%24980,000.%20Comparing%20this%20price%20to%20the%20median%20from%20December%202018,%20indicated%20at%20%241.03%20million,%20we%20again%20see%20a%20weakening%20trend,%20generally%20in%20line%20with%20the%20dwelling%20market%20declines%20being%20experienced%20in%20Mosman.%20The%20second%20half%20of%202019%20will%20be%20extremely%20interesting%20as%20we%20see%20what%20direction%20the%20market%20on%20the%20lower%20north%20shore%20takes." target="_blank">37/170 Spit Road </a>(pictured above) comprises open plan living/dining, two double bedrooms, stone kitchen and sunny balcony.
It's within close proximity to Balmoral Beach and Mosman Village with cafes and shops. 
"Comparing this price to the median from December 2018, indicated at $1.03 million, we again see a weakening trend, generally in line with the dwelling market declines being experienced in Mosman," it said.
"The second half of 2019 will be extremely interesting as we see what direction the market on the lower north shore takes." 
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Mosman market quietens as Lower North Shore values weaken: HTW residential 

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McGrath Limited's presence on the lower north shore of Sydney has expanded through an agreement to acquire the real estate business owned and managed by John McManus (currently operating as LJ Hooker Willoughby/Artarmon).
Its ASX shareholders were told the total consideration is expected be $2 million.
“We are excited to welcome John back to McGrath where we expect that he will make a significant contribution to our Lower North Shore business,"McGrath CEO Geoff Lucas said.
"John is without doubt an elite performer within our industry, and has an outstanding depth of knowledge with respect to the Lower North Shore market, where he has lived for over 20 years.”
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Mr McManus returns to McGrath having been their No. 1 agent in FY2011, and ranking in their Top 10 for several years.
Mr McManus left the company to become principal and licensee of LJ Hooker Willoughby/Artarmon in January 2014, where he was awarded the title of Top Sales Agent for NSW/ACT in 2018 and No. 1 World Champion Sales Person for their International division.
McGrath Willoughby will be located at 150 Mowbray Road, Willoughby.
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Lucas advised the acquisition was "consistent with our previously announced corporate strategy of maintaining our presence in the lower north shore of Sydney and expanding our rent roll assets organically and by acquisition."
"The company has entered into an agreement to acquire the business and assets, including rent roll, of a real estate business owned and managed by John McManus (currently operating as LJ Hooker Willoughby/Artarmon)," the announcement said.
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McGrath expand on Sydney's lower north shore 

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The status of leading Mosman agent Michael Coombs has become slightly clearer just days after McGrath Estate Agents ended its the franchise agreement on the Lower North Shore.
The Coombs profile, along with four team members, came down from the McGrath group website this morning.
Coombs has quit the LNS franchise, but yet to announce what his 2019 plans involve. 
Property Observer wrote earlier this week the franchise decision by head office meant the future of one of the McGrath group's top performers was in play.
Coombs had previously held equity in the Mosman franchise but sold it back to the principals around 18 months ago.
It allowed him the freedom to quit the McGrath office just days after McGrath head office gave their advisory that they'd be ending their agreement with the franchise principals who are listed as Dean Mackie, Piers van Hamburg and David Howe. 
Coombs has always rated highly with his sales tally among the McGrath agents, although his sales tally hasn't been public since he pulled out of the REB Top 100 ratings two years ago. 
Coombs ranked 26 in 2016 with $276 million in property sales.
In 2015 with 13 year's experience, and three support staff his sales tally was $180 million. There was a $4 million average sale.
Coombs sold 41 properties in 2014 for a $140 million total.
McGrath is currently considering the "optimum" structure for the continuation of the McGrath presence in the key markets of Mosman, Neutral Bay, Chatswood and Northbridge.
The cost cutting decision was couched has providing the opportunity of strengthening the profitability for the publicly listed estate agency.
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McGrath opened its first office in Sydney’s Lower North Shore in 1996.
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“We have a clear plan to rejuvenate our presence in the region," McGrath chief, Geoff Lucas told shareholders last Friday.
The shareholders were told by Lucas the LNS profitability had "fallen below expectations in recent years.”
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Michael Coombs departs McGrath

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McGrath Estate Agents has provided the stockmarket with an update regarding the renewal of its Sydney Lower North Shore franchise office arrangement.
McGrath has withdrawn its offer to extend the franchise agreement.
It is due to end in April 2019.
McGrath failed to secure agreement with the franchise principals who are listed as Dean Mackie, Piers van Hamburg and David Howe. 
The negotiations seemingly were cordial.
But the decision puts the future of one of the McGrath group's top performers, Michael Coombs in play.
Coombs had equity in the Mosman franchise but sold them back to the principals around 18 months ago.
Coombs has always rated highly with his sales tally among the McGrath agents, although his sales tally hasn't been public since he pulled out of the REB Top 100 ratings two years ago. 
Coombs ranked 26 in 2016 with $276 million in property sales.
In 2015 with 13 year's experience, and three support staff his sales tally was $180 million. There was a $4 million average sale.
Coombs sold 41 properties in 2014 for a $140 million total.
McGrath, which is trading at 29 cents having floated at $2.10 in late 2015, is currently considering the "optimum" structure for the continuation of the McGrath presence in the key markets of Mosman, Neutral Bay, Chatswood and Northbridge.
The cost cutting decision was couched has providing the opportunity of strengthening the profitability for the publicly listed estate agency.
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McGrath opened its first office in Sydney’s Lower North Shore in 1996.
“We have a clear plan to rejuvenate our presence in the region," McGrath chief, Geoff Lucas said.
The shareholders were told by Lucas the LNS profitability had "fallen below expectations in recent years.”
Lucas was among its clients when he sought to find a buyer of his LNS home last year without success.
"McGrath remains committed to servicing its clients for both residential sales and property management," he stressed.
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It is understood McGrath has been negotiating with the principals since last year but could not reach a mutual agreement on any continuity.
Its recent annual results signalled a key FY19 priority was "office growth with a focus on the Eastern seaboard predominately in the franchise network."
Nine Entertainment reported last week that McGrath had "found its feet again with a new board and chief executive."
On floating the network consisted of 22 company owned offices and 53 franchise offices generating revenue primarily through commissions and franchise fees.
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It had 16 offices in 2009, some three years after it opened its first franchise office.
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Franchise services revenue increased by 31 percent to $9.4 million in FY2015. It now stands at $11 million.
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McGrath Estate Agents currently has 95 offices located throughout the east coast of Australia, which consists of 27 company owned offices and 68 franchise offices.
It recently saw the opening of Coburg/Brunswick and its McGrath Land office. Closures have included Bentleigh, Berry, Cairns, and The Ponds in June.
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The majority of franchisees paid an initial fee, as well as continuing royalties of between 6 percent and 8 percent in respect of commissions received on property sales (excluding GST).
The fee is typically 3 percent in respect of property management fees.
In addition to the initial fee and continuing royalties, the majority of franchisees pay McGrath a marketing levy, which is an amount equal to 1 percent of commissions received on property sales (excluding GST), a monthly website subscription fee, a technology and training levy and a fee in relation to the publication of the McGrath magazine.
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The 2015 prospectus advised McGrath’s franchise agreements were typically five years with an additional five year option exercisable by the franchisee.
"No McGrath franchisee has elected not to renewits franchise agreement and move to another franchise network," the prospectus proudly noted.
Just prior to the float the Manly and Seaforth offices were converted from franchise offices to company owned offices.
The head of franchise at McGrath, Gary Vouris at the time the float left the company in 2017 after six years for First National. Now back at McGrath Sutherland Shire, his Randwick Californian bungalow was sold last year by Ben Collier of The Agency, formerly McGrath's top eastern suburbs agent.
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The McGrath Network, which had previously a strong record of retaining its agents, has been hit hard over the past two years with departures.
On its 2015 float, the top 50 Agents within the McGrath Network based on FY2015 GCI had an average tenure of nine years with McGrath or its franchisees, while the top 10 Agents had an average tenure of 12 years.
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