Lewis Land's latest apartment release within its <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan is targeting one of the Gold Coast's fastest-growing buyer groups, with almost a third of apartments at Solis priced below $1 million.

The seven-storey building at Biggera Waters will comprise 91 apartments, including 24 one-bedroom residences starting from $778,000, a price point Lewis Land says is aimed squarely at first home buyers struggling to enter the Gold Coast market.

<img alt="Harbour Shires" data-entity-type="file" data-entity-uuid="e7486e37-22f6-4c92-b212-9b0622070b8f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.34%E2%80%AFAM.png?VersionId=W8MJwJUCf6HkIyl_EVSksnd.QI6MZryY" />

<a href="https://www.apartments.com.au/developers/lewis-land-group">Lewis Land</a> Head of Development Michael Long said the developer deliberately allocated a significant proportion of the project to more affordable apartment types.

"First home buyers have been priced out of many parts of the Gold Coast, and we saw a clear opportunity to address this and play our part in a longer-term housing solution," Long said.

"That's why 24 of the 91 apartments being delivered at Solis have been designed and priced for the city's next generation of homeowners, quality one-bedroom apartments, half of which include an additional multipurpose room to maximise space and flexibility.

"This approach places 30 per cent of apartments in Solis under $1 million, and with close proximity to Harbour Town's future light rail extension connecting residents to the city's major employment and knowledge hubs, it's a win for buyers looking to secure their first property."

<img alt="Sores" data-entity-type="file" data-entity-uuid="550526d3-73ba-4710-9739-c5f4294a30ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.29%E2%80%AFAM.png?VersionId=cQQdXHt9wS0UXwZEm5Py5bH_3kAmzyhu" />

Designed by BDA Architecture, Solis will deliver a mix of one, two and three-bedroom apartments, with residences ranging up to 232 sqm. Apartments feature generous balconies and contemporary finishes, while residents will have access to Harbour Shores' lagoon pool, clubhouse, tennis court, gym, yoga studio and sauna.

The focus on first home buyers resonated with purchaser Holly Humphreys, who said she and her boyfriend spent more than a year searching for their first property before shifting their attention from houses to apartments.

"We fell in love with the first house we bid on and got our hopes up, but after repeated knockbacks we learned not to get too attached," Humphreys said.

"We offered at the high end of price guides, but sales kept going even higher. That's where we really struggled and we needed to re-evaluate our budget and our expectations. Standalone houses were off the table, and we pivoted to apartments and townhouses."

Humphreys said it was encouraging to see developers recognising the growing demand from first home buyers.

"There's a growing number of young buyers looking to enter the market earlier because they understand that getting in now can make a real difference as prices continue to rise," she said.

"It's fantastic to see a developer recognise this and then actively take measures to deliver an apartment with us in mind."

Solis is the first development planned within the second stage of the Harbour Shores masterplan, with early works expected to commence in September 2026.

[smartcode_project_cta:default project_id=113271]

Joel Robinson

Lewis Land targets first home buyers at latest Harbour Shores release, Solis

Luxury apartment developer Abadeen has recorded $19.25 million in apartment sales across two of its Lower North Shore developments in the lead-up to the end of the financial year, headlined by the sale of a $6.75 million penthouse at <a href="https://www.apartments.com.au/buildings/koyo-crows-nest-5-rodborough-avenue-crows-nest-nsw-2065">KOYO in Crows Nest.</a>

The transactions also included the sale of a newly completed three-bedroom apartment at <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences in Cremorne</a> for $6.35 million, with the residence selling shortly after the project's first public inspections following completion.

The sales come as completed, owner-occupier-focused apartments continue to attract strong demand across Sydney's Lower North Shore, particularly from buyers looking for certainty and immediate occupancy.

The penthouse at KOYO spans 491 sqm across a single level and was designed by architect Koichi Takada. The development is one of Abadeen's flagship boutique projects in Crows Nest.

[smartcode_project:default project_id=108800 project_image_fid=370093]

Abadeen Executive Chairman and Founder Justin Brown said buyer activity lifted noticeably in the lead-up to the end of the financial year.

"We saw a clear increase in enquiry levels, inspection numbers and buyer engagement across our completed projects leading into the end of the financial year," Brown said.

"Buyers have become far more decisive over the past six months. The combination of improving confidence, limited supply and the ability to physically inspect completed residences is creating strong competition for premium apartments in the best locations."

Brown says the&nbsp;response to Park Residences following completion has been particularly strong.

"Buyers want certainty and are responding positively to the opportunity to walk through a finished product, inspect the quality firsthand and move in immediately," Brown suggested.

"Projects such as Park Residences and KOYO demonstrate that when the product is exceptional and the location is irreplaceable, buyers are prepared to act quickly."

[smartcode_project:default project_id=114246 project_image_fid=370116]

Abadeen CEO Joe Tack said quality continued to differentiate projects in the current market.

"Today's buyers are incredibly discerning," Tack said.

"They are seeking larger floorplans, premium finishes, walkability, lifestyle amenity and confidence in the developer delivering the project. Well-designed boutique developments continue to outperform because they offer something genuinely difficult to replace.

"The enquiry we are seeing across our completed and recently completed Lower North Shore portfolio is very encouraging, and we expect this momentum to continue into spring."

The sales follow increased enquiry across Abadeen's Lower North Shore portfolio which also includes <a href="https://www.apartments.com.au/buildings/northcote-collective-naremburn-2-northcote-street-naremburn-nsw-2065">Northcote Collective in Naremburn</a> which also completed recently.

KOYO penthouse headlines Abadeen's $19.25 million EOFY sales flurry

The City of Sydney has approved plans for <a href="https://www.apartments.com.au/developers/billbergia">Billbergia Group</a> and Metrics Credit Partners’ $3.5 billion Castlereagh Place project in the heart of the Sydney CBD

The towers will be among the tallest in <a href="https://www.apartments.com.au/developments/sydney-nsw-2000">Sydney</a>'s CBD, with more floors than any other residential tower in the city.&nbsp;

The 6,000 sqm site was acquired by the joint venture partners in 2024. It is the largest amalgamated land parcel in the Sydney CBD and comprises eight individual sites fronting Castlereagh, Pitt and Liverpool Streets.&nbsp;

<a href="https://www.apartments.com.au/new-apartments/castlereagh-place-sydney-324-348-pitt-street-sydney-nsw-2000">Castlereagh Place</a> will transform an underutilised city block into a landmark mixed-use destination, anchored by two 82-storey towers comprising 607 luxury residences above an 8-level podium housing a 209-room luxury hotel. A 1,000 square metre civic park on ground level features a curated mix of food, beverage and retail.

The plans have been refined over the past year to rebalance the residential and hotel offering, and reconfigure the retail footprint to create a stronger, more dynamic dining experience.

A three-level flagship building on the prominent corner of Pitt and Liverpool Streets will be the gateway to the Castlereagh Place lifestyle precinct. Set to become a Sydney icon, the building is capable of housing multiple hospitality venues.

“Castlereagh Place is designed to be the City's next great urban oasis - an energetic mixed-use precinct that pulses with life, day and night,"&nbsp;said Joseph Kinsella, Group Director of Billbergia.

"It will bring the vibrancy of places like Barangaroo and Darling Quarter into a more accessible, central destination at the very heart of Sydney."

Kinsella said the project will build on&nbsp;Sydney’s growing laneway culture with the City’s largest network of new activated lanes - an expanded, next-generation take on precincts like Angel Place, Palings Lane and Ash Street in Wynyard.

[smartcode_project:default project_id=134477 project_image_fid=374401]

Castlereagh Place has been designed by architects <a href="https://www.apartments.com.au/architects/fjc-studio">fjcstudio</a> in collaboration with Trias Studio, Aileen Sage and Polly Harbison Design, joint winners of an international design competition in 2018.&nbsp;

Signature design elements from the original scheme remain unchanged, while the public domain has been significantly enhanced, delivering 60 per cent more open-to-sky space.

Pedestrian access will also be enhanced through new laneways linking Pitt, Liverpool and Castlereagh Streets, drawing people into a new civic park with outdoor seating, landscaping and integrated public art.

With activated laneways supported by strong hospitality offerings, Castlereagh Place is tipped to become a vibrant new dining destination in the heart of Sydney’s CBD.

It marks the largest undertaking to date for the Billbergia and Metrics Credit Partners partnership. Together they are developing other underutilised Sydney sites into mixed-use precincts, including the $2.2 billion Concord Central and the $1.3 billion Chatswood Grand Residences.

Metrics Managing Partner and Group CEO Andrew Lockhart said Castlereagh Place is a landmark project that will redefine Sydney’s skyline.

"As the tallest residential high-rise development, the revitalised site will offer panoramic views across the CBD and surrounds. We are excited to partner with Billbergia to reinvigorate an underutilised site and create a sophisticated and contemporary mixed-use offering situated in the heart of Sydney.”

Total apartments within the towers have increased to 607 dwellings, with a focus on larger floorplans. Aligned to growing market demand, Castlereagh Place now comprises 299 three-plus-bedroom apartments, 198 two-bedroom units and 110 one-bedroom configurations.

[smartcode_project:default project_id=134477 project_image_fid=374402]

Resident amenities will include an exclusive residents club containing a gym, rooftop pool, dining rooms, co-working spaces, library, golf simulator, games room, cinema room, and access to an exclusive concierge service. There will be around 500 basement car spaces below the towers.

The development will also include a state-of-the-art wellness centre, set to feature a bathhouse with magnesium pools, hot/cold plunge pools and premium amenities.

&nbsp;

According to fjcstudio, the towers will feature distinctive yet elegant architectural design reflecting Sydney’s geometry and urban character, with a network of through-site links and intimate public spaces activating the streetscape.

"Castlereagh Place is a city-making project of significant scale and ambition," said Richard Francis-Jones, Design Director at fjcstudio.

"It will create a rich urban complex of public open spaces, landscaped gardens, and vibrant laneways. Defining these new public spaces and the important streetscape of Castlereagh Street is a sequence of fine-grained, diverse retail and hotel architecture designed in collaboration with Aileen Sage, Polly Harbison Design and Trias.

“Rising above the tree-lined, human-scale streetscape are two slender residential towers that will transform the city skyline and look towards the Harbour, Hyde Park, and the Royal Botanic Garden.”

Demolition and early construction works have commenced onsite at Castlereagh Place.

[smartcode_project_cta:default project_id=134477]

Billbergia, Metrics, approved for $3.5 billion Sydney skyscrapers

International developer&nbsp;<a href="https://www.apartments.com.au/developers/spg-land">SPG Land</a> is preparing to re-launch its long-awaited $1.5 billion <a href="https://www.apartments.com.au/new-apartments/paradiso-place-surfers-paradise-103-ferny-avenue-surfers-paradise-qld-4217">Paradiso Place</a> development at Budds Beach, bringing a new price point to the Surfers Paradise apartment market.

The developer will release one-bedroom apartments from $825,000 and two-bedroom apartments from $1.24 million in the three-tower development.

According to Urbis, the starting price for the two-bedroom apartments is more than $400,000 below the weighted average sale price for comparable two-bedroom apartments in Surfers Paradise during 2025, which was pinned at $1.7 million.

&nbsp;

Urbis reported quarterly average sale prices for new two-bedroom, two-bathroom apartments ranged from around $1.2 million to $1.7 million throughout 2025, peaking in the December quarter.

[smartcode_project:default project_id=106566 project_image_fid=185853]

Paradiso Place is now moving into its formal sales campaign, with a limited early-release opportunity available ahead of the public launch.

The development will comprise 845 apartments across three towers rising 40, 41 and 44 storeys from a 1.15-hectare site spanning an entire city block. The towers will sit above a new retail precinct.

"Paradiso Place represents a rare opportunity in today's market, offering premium apartments at a price point that is significantly more competitive than anything else currently available," SPG Land Sales Director Brad McMahon said.

"When you look at comparable new developments across Surfers Paradise, Main Beach and the Southern Beaches precinct, buyers are typically paying hundreds of thousands more for a similar product.

"The scale of this project and the developer-builder construction model allows us to unlock efficiencies that smaller developments simply cannot achieve. We are passing those benefits directly to buyers, while still delivering a five-star residential experience with an unmatched lifestyle."

[smartcode_project:default project_id=106566 project_image_fid=374280]

Each of the three towers designed by Rothelowman will have its own podium, connected by an elevated skybridge network to create a beachside village for residents. The resident amenity has been designed to rival a five-star hotel, with private dining rooms, resident lounges and entertainment spaces.

McMahon said the pricing strategy was a deliberate response to the current market.

"What Paradiso Place offers is a unique balance, genuine value within a premium market. Buyers are not compromising on quality, design or amenity, they are gaining access to it at a more competitive price point at a time when prices across the Gold Coast continue to reach new highs."

[smartcode_project:default project_id=106566 project_image_fid=362498]

Located around 100 metres from the beach and within walking distance of the Surfers Paradise North light rail station, Paradiso Place occupies one of the Gold Coast's most tightly held beachfront precincts.

Construction is continuing to progress, with eight of the project's 112 foundation piles now complete. Excavation has also commenced on the first diaphragm wall panel, with the first concrete poured on 15 June, marking a key milestone in the project's early works program.

[smartcode_project_cta:default project_id=106566]

SPG Land launches $1.5 billion Paradiso Place at attractive price point

Luxury developer-builder <a href="https://www.apartments.com.au/developers/lowe-living">Lowe Living</a> has achieved a new Victorian benchmark for an off-the-plan apartment, with the sale of two penthouses at its ultra-exclusive Maison Savoy development in Brighton.

The two penthouses achieved a combined sale rate of $49,926 per sqm. Both transactions eclipsed the previous identified Victorian off-the-plan price-per-square-metre benchmark, set by the 449 sqm apartment at Como Toorak, which sold at $46,659 per sqm.

[smartcode_project:default project_id=140818 project_image_fid=366473]

<a href="https://www.apartments.com.au/new-apartments/maison-savoy-brighton-150-esplanade-brighton-vic-3186">Maison Savoy</a>, Lowe Living's redevelopment of the former Brighton Savoy Hotel on absolute beachfront land at 150 The Esplanade, Brighton, has gained significant momentum since launching just eight weeks ago. Around 30 per cent of the project's 19 residences have already been secured, generating approximately $45 million in sales.

"Securing two of the three penthouse sales at this stage, within eight weeks of launching to market speaks to the confidence our clients place in Lowe Living," Lowe Living co-founder Emma Lowe said.

"They know we'll be with them through every stage of the journey, and that assurance is something we've worked hard to earn and never take for granted."

[smartcode_project:default project_id=140818 project_image_fid=366474]

Lowe said Maison Savoy was conceived as a genuine alternative to a prestige Brighton home, combining house-scale proportions with the convenience, security and lock-up-and-leave appeal of apartment living.

Lowe Living co-founder Tim Lowe said the early sales success demonstrated the resilience of Melbourne's prestige market and highlighted the growing demand for house-sized apartments among ultra-high-net-worth buyers.

"The Melbourne market has definitely been tested in recent years, with interest rates and global economic factors all creating a period of uncertainty across the real estate sector. The sales success at Maison Savoy however demonstrates that confidence remains exceptionally strong at the top end of the market.

"The prestige market is being driven by long-term lifestyle decisions rather than short-term market sentiment, which continues to create a level of certainty that befits an absolute beachfront property in a blue-chip location like Brighton.

"Brighton's fundamentals remain among the strongest in Melbourne, with limited new supply, enduring demand from an overwhelmingly local owner-occupier market, and a rare combination of beachfront amenity and proximity to the CBD."

[smartcode_project:default project_id=140818 project_image_fid=374378]

According to Cotality, Brighton remains one of Melbourne's most tightly held prestige suburbs, with an average ownership tenure of 15.3 years for houses and 12.3 years for units, while more than 73 per cent of homes are owner-occupied.

Tim Lowe said selling two of the project's three penthouses so early in the campaign was an uncommon result.

"This sales result is a reflection of quality and understanding the local market. It's incredibly rare to transact the penthouses so early in a sales campaign in any project so to have sold two of the three penthouses at Maison Savoy so soon after launch, all in-house without any external sales agency appointed, is reflective of our careful consideration of our buyers' needs and lifestyle.

"This is knowledge that is accumulated not just from data and demographic analysis, but via a deeply embedded understanding of how this type of buyer wants to live and feel in their home. We pride ourselves on getting to know our clients personally, and over the last 10 years we have been able to refine our product offering by talking one-on-one with our clients about their design and floorplan preferences.

"Being a fully integrated developer-builder with an in-house design and sales team allows us to lead every part of the process and ensure the highest quality of product and service at every touchpoint. It's a really important part of our DNA and the recent sales success at Maison Savoy indicates that our clients and purchasers are resonating with this point of difference.

"It reinforces that demand remains strong for thoughtfully designed residences that offer rarity, lifestyle and long-term value in tightly held locations, which ultimately validates Maison Savoy's positioning as creating a new benchmark for house-scale, wellness-led apartment living on Brighton's beachfront."

&nbsp;

[smartcode_project:default project_id=140818 project_image_fid=366480]

The residences at Maison Savoy start from 295 sqm, with most enjoying uninterrupted views across Port Phillip Bay. The project sits moments from the Brighton Bathing Boxes, Royal Brighton Yacht Club, Middle Brighton Baths and Church Street's retail and dining precinct.

A key feature of the development is its private residents-only bathhouse, curated by the founder of Aurora Spa &amp; Bathhouse and modelled on traditional European bathing rituals and the award-winning Sorrento bathhouse.

The wellness offering includes a hydrotherapy pool, salt room, sauna, steam room, cold plunge pool, foot activation zone and a Vichy rainfall bed, one of only a handful in Australia. Residents will also have access to a Technogym studio, lounge spaces and a dedicated concierge service offering everything from morning coffee delivery and restaurant bookings to dry cleaning and home coordination.

"Wellness-led design has become a defining factor for luxury buyers," Emma Lowe said.

"Purchasers increasingly value homes that enhance wellbeing through thoughtful design, private amenity, privacy and liveability."

The penthouse purchasers are now undertaking a bespoke customisation process curated personally by architect Pete Kennon and the Lowe Living team, one of the developer's signature service offerings.

Construction on the $160 million transformation of the former Brighton Savoy Hotel site commenced last month, with completion expected in early 2028. The project has secured funding from NAB alongside development partner Monark.

Just one penthouse remains available, along with a limited number of two and three-bedroom residences starting from $3.75 million.

Lowe Living currently has eight projects on the market across Melbourne and recently celebrated its 10th anniversary, having grown a $1 billion development pipeline alongside a $350 million construction pipeline.

&nbsp;

[smartcode_project_cta:default project_id=140818]

Lowe Living set new Melbourne off the plan apartment record

Melbourne off the plan apartments

Melbourne developer&nbsp;<a href="https://www.apartments.com.au/developers/hengyi-australia">Hengyi</a> is trying again to develop its prominent Bay Road site in Bayside Sandringham.

The new application, now under consideration via Victoria’s Development Facilitation Program, marks a revised approach after a previous iteration was refused by VCAT in late 2023. They are planning three seven-storey residential buildings at 208-210 Bay Road, an already cleared 5,226 sqm block just under two kilometres from the beach.

The buildings will home&nbsp;123 apartments above a two-level basement car park, along with a commercial tenancy, communal facilities, and landscaping interventions.&nbsp;

<img alt="208-210 BAY ROAD SANDRINGHAM VIC 3191" data-entity-type="file" data-entity-uuid="d5523a8c-47e3-47f4-b468-9fb97f241977" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/front%20full.png?VersionId=CGSZOulullVRFFbCrTAvZLXJ1jPv5.wM" />

Hengyi has addressed the key concerns from VCAT, namely&nbsp;how the building would integrate with the current environment.

The buildings step down from Bay Road towards the rear, addressing sensitive residential interfaces and the neighbouring Sandringham East Primary School. Design features include varied setbacks, upper-level recesses, and deep soil zones intended to retain and supplement the existing tree canopy.&nbsp;

Vehicular access is proposed via an upgraded crossover on Bay Road, while pedestrian connectivity is enhanced through retention of an easement that links to the primary school. Car parking is proposed to be reduced below the standard requirements, justified in part by the site’s proximity to public transport and active transport networks.

<img alt="208-210 BAY ROAD SANDRINGHAM VIC 3191" data-entity-type="file" data-entity-uuid="d622acc1-0917-43d4-b8ba-8857ded0cc73" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/perspective_2.png?VersionId=iSrKHlI_D11ckyBzWdgq5QEy2TSWZCTW" />

Architect Rothelowman noted in the Urban Context Report that the proposal&nbsp;"seeks to balance site efficiency, residential amenity, and a sensitive response to its urban interface."

Rothelowman's design inspiration stemmed from asking the question 'What does&nbsp;Sandringham and Bayside have that is unique to other parts of suburban Melbourne?'

They said indigenous coastal flora and fauna, extensive areas of recreational greenland, and living by the ancient land that follows the bay, are the three key features of Sandringham.

The proposed mix includes affordable and market housing, with <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>&nbsp;seeking to balance increased density with amenity through articulated built forms and communal offerings such as a gym, co-working space, and rooftop spa.

John Patrick Landscaped Architects have come in to enhance the landscaping, which was another key factor in the VCAT decision to refuse the original application. Now there will be rainforest and coastal gardens with a predominantly native and indigenous planting palette.

<img alt="208-210 BAY ROAD SANDRINGHAM VIC 3191" data-entity-type="file" data-entity-uuid="7cdceff0-aa99-4ed7-a159-0038e8f66fbb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/perspective_3.png?VersionId=uvTAu41Ryn3GWKLjJrIbilvQO09MsuR9" />

The Town Planning Report by Urbis suggested the project is designed to deliver “a much-needed increase in dwelling diversity and density” in an area earmarked by Bayside Council as a Moderate Residential Growth Zone.

The Bayside Housing Strategy identifies the corridor as suitable for higher density residential renewal, aligning with the state government's recent target of 30,000 new homes in Bayside by 2051.

The application is being assessed by the Minister for Planning under Clause 53.23 due to its scale, provision of affordable housing, and $70 million-plus investment.&nbsp;The project is forecast to support 200 full-time construction jobs and deliver $56 million in gross value added during the build period.

Hengyi has previously developed Swanston Central and Light House, both in the Melbourne CBD.

The Bayside Housing Strategy identifies the corridor as suitable for higher density residential renewal, aligning with the state government's recent target of 30,000 new homes in Bayside by 2051

First look: Hengyi proposes trio of apartment buildings for Sandringham’s Bay Road

ASX-listed developer Cedar Woods is progressing its plans for its Southbank arts precinct site.&nbsp;

The developer has filed plans, which are now with the&nbsp;Department of Transport and Planning, for a new 20-level tower at&nbsp;<a href="https://www.apartments.com.au/new-apartments/141-151-sturt-street-southbank-vic-3006">141–151 Sturt Street</a>, a 2,718 sqm block opposite the Habitat Filter sculpture.

The proposal seeks to demolish the two-level&nbsp;commercial building, including a small supermarket and medical tenancies, and create a new building with 180 apartments and a focus on an&nbsp;active public realm and arts integration.

&nbsp;

<img alt="Southbank site" data-entity-type="file" data-entity-uuid="76a72db6-91ef-43ae-827d-a9cfa72893d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Site.png?VersionId=DZgtB4K6BswVh0QtCs3iLjXaLp0CbcEb" />

&nbsp;

There will be a full mix of apartment configurations, including 28 studio apartments, 16 one-bedroom, 104 two-bedroom, and 32 three-bedroom units.

Retail, creative arts, and residential amenity functions are integrated across the lower levels. A food and drink tenancy is planned to front Dodds Street, while a retail tenancy fronting Sturt Street will be accessed via an elevated walkway. The first floor includes a substantial 734 sqm creative arts space, envisioned to support Melbourne’s growing cultural and digital industries.

Architecture firm <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has put together the plans. In their&nbsp;Urban Design Report they highlighted the project’s ambition to embed itself within Southbank’s evolving cultural fabric.

A central feature of the design is a through-block link connecting Sturt and Dodds Streets, landscaped with native plantings and embedded with universal access ramps.

“The ramp has been thoughtfully integrated as the primary access point, ensuring universal accessibility for all users,” the report noted, with the link offering “a direct response to the urban planning scheme of creating more green spaces within our communities”.

<img alt="Southbank podium" data-entity-type="file" data-entity-uuid="4d24b1b2-d69c-4a11-a11d-ec6df432221c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium.png?VersionId=geWoJyZDmPSLODZ_.PNJ0LvpOmyyCdpo" />

The building’s podium form responds to the mandatory height limits along Dodds Street and maintains a fine-grain interface to adjoining developments. Above the podium, the tower is articulated with recessed balconies and a focus on views toward the CBD and surrounding arts institutions. A communal rooftop recreation deck and indoor lounge are positioned on level four, adjoining seven apartments and providing over 900 sqm of resident amenity space.

Vehicle access and loading will be provided via Dodds Street, with 155 resident car spaces located across two basement levels and the first three above-ground floors. Bicycle storage is more generous, with 226 spaces distributed across resident, staff and visitor needs.

Rothelowman describes the architecture as “humanist,” with ground-level interfaces designed to encourage social interaction and provide a dignified entry for both residents and passers-by. “All street interfaces are crafted to invite and nurture human connections,” the design report states. “The façade transitions to a human scale, providing an approachable and engaging streetscape”.

Cedar Woods, while well-known for its large communities it develops outside of Australia's capital cities, they have recently developed in Melbourne's inner-ring before. They are approaching completion at <a href="https://www.apartments.com.au/new-townhouses/88-leveson-north-melbourne-88-leveson-street-north-melbourne-vic-3051">88 Leveson</a>, just 15 townhouses in the heart of North Melbourne.

Cedar Woods progresses with new apartment plans in Southbank arts precinct

<section data-element_type="section" data-id="b086848">
Fresh off completing its mixed-use Malvern project Malvern Collective, Kokoda Property Group has acquired a prime site on Richmond's Bridge Road.

They are planning a mid-rise residential development with&nbsp;integrated wellness amenities and a vibrant ground-floor retail and dining offering.

The site, at&nbsp;487–495 Bridge Road, spans&nbsp;1,650 sqm with 50 metres of dual frontage across Bridge Road and Palmer Street. It is currently leased to Adairs, and has a large retail building and 20 onsite car parks.
</section>

<section data-element_type="section" data-id="534a164">
Kokoda Property Group’s acquisition forms part of a broader phase of growth in Melbourne, building on momentum from the completion of Malvern Collective and the recent purchase of a Burnley Street site for the developer’s first commercial project.&nbsp;

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating.

“Melbourne is regaining momentum,"&nbsp;Stevens said.

"After a cautious period post-COVID, we’re seeing buyer sentiment stabilise and capital leaning back into well-located, quality projects. Victoria now benefits from deep builder capacity and competitive delivery pricing, creating a rare opportunity to bring design-led inner-city developments to market without compromising on craftsmanship.

“Richmond ticks all the boxes for us – connectivity, culture and everyday amenity – making Bridge Road the perfect address for an amenity-rich, multi-use development."

<img alt="Kokoda" data-entity-type="file" data-entity-uuid="9a8de51d-8092-480a-8b7e-e081816692c2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-29%20at%208.54.27%E2%80%AFAM.png?VersionId=VRHpV5.6beOu2cieKHWrw3ErMPuVOAuj" />

Envisioned as an “urban lantern” the building will bring a distinctive new presence to Bridge Road with a sculptural retail frontage, designed to honour the street’s heritage character while contributing to its renewal.

Stevens said the acquisition reflects the developer’s commitment to design-led addresses in Melbourne’s inner city.

“Drawing on Richmond’s rich heritage and dynamic character, we’ve envisioned a contemporary building that respects the past while elevating the way people live today. With dual frontages, curated ground-floor spaces, and a focus on wellness, this project will contribute to the neighbourhood’s evolution, appealing to both downsizers and a new generation of professionals.”

Kokoda Property will now progress concept design ahead of a future planning process.
</section>

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating

First look: Kokoda secures Richmond site for new apartment development

High-end retailer Cult Design has signed up to take all of the commercial space, and a large section of the retail space, on the street-level of the upcoming new Fitzroy apartment development, Fitzroy Fitzroy.

Cult Design, which offers&nbsp;premium&nbsp;furniture, lighting and objects from iconic international and local brands, will also furnish the communal areas of the project with Cult’s brands, as well as Cultivate — Cult’s in-house sustainability program that provides buyback, refurbishment, and recycling services — a program that aligns with the project’s efforts to restore and preserve the heritage aspects of the building. Current and future residents will also have the option to purchase a turnkey furnished solution curated by Cult.

Cult has taken&nbsp;the entirety of the project's commercial space, and two of the three retail lots, which will form Cult's new HQ and flagship showroom.&nbsp;

In a further commitment to the building, Cult Design Founder Richard Munao has also bought one of the five terrace homes in the project. DKO’s Director of Interiors &amp; Design Lead for the project, Michael Drescher, has also bought an apartment in the building. The sales highlight the deep alignment between the project’s architectural intent and its growing community of discerning owner-occupiers, including the collaborators themselves.

[smartcode_project:default project_id=14394 project_image_fid=183070]

Dean Lefkos, founder and director of Chapter Group which is developing Fitzroy Fitzroy, said the project is unlike any development he’s seen in terms of its buyer community.

“<a href="https://www.urban.com.au/new-apartments/fitzroy-fitzroy-411-421-smith-street-fitzroy-vic-3065">Fitzroy Fitzroy</a> is a true owner-occupier project; we’ve had best friends, siblings and even cousins purchasing homes, which is truly rare in residential projects these days," Lefkos said.

“The architecture and interiors of Fitzroy Fitzroy genuinely reflect the suburb’s character, with thoughtful design that has clearly resonated with purchasers."

Located on Smith Street and designed by DKO Architecture, Fitzroy Fitzroy sits behind a grand heritage brick facade, once home to MacRobertson’s Garage and Workshop, and reaches nine storeys high, complete with angular rooftops and a chamfered western side to create sunlit internal spaces and generous viewlines.

[smartcode_project:default project_id=14394 project_image_fid=183066]

Originally launching to market with 56 apartments and six terrace homes, Fitzroy Fitzroy will now be home to 52 apartments and five terrace homes following a number of amalgamations. One such purchaser is Michael Drescher, DKO’s design lead on the project, who purchased a three-bedroom apartment.

“I knew the site well, it’s a pocket of Fitzroy I’ve always admired, but it was through designing the interiors and meeting future residents 
that I knew this was a place we could truly call home,” Drescher said.

“I sensed early on that the building would foster a strong sense of community, and that feeling came to life during one of the purchaser events — everyone had the chance to meet their future neighbours, but it felt more like a gathering of old friends coming together.

“At DKO, we invested considerable time in crafting each floor plan with care. From the outset, we anticipated strong interest from owner-occupiers and particularly those already living in the area. The apartment we purchased was always one of my favourite floor plans in the project."

[smartcode_project:default project_id=14394 project_image_fid=1011]

Buyers will have access to resident-only amenities including the Smith Club, with communal bar and dining, private meeting and work-from-home spaces and an expansive, tranquil rooftop garden on level nine, designed by TCL.

Having met with future residents and purchasers, Drescher has developed an understanding of how the residential amenities and rooftop communal spaces will be used and is working with Cult and Chapter Group on furniture selections to suit.

At ground level, an internal laneway connects Smith Street to the residents’ lobby, inspired by the local arcades in Melbourne’s CBD, with Cult’s future corner showroom to be located behind the existing brick facade, with large windows opening onto both Smith Street and Leicester Street.

Limited apartments remain, ranging from $720,000 to over $4 million. Three yet-to-be-released sub-penthouses will launch to market in spring.

[smartcode_project_cta:default project_id=14394]

Dean Lefkos, founder and director of Chapter Group which is developing Fitzroy Fitzroy, said the project is unlike any development he’s seen in terms of its buyer community

Cult Design takes commercial and retail space at Fitzroy Fitzroy as founder buys into project

Frankston City Council has approved planning application for Pace Development Group's $91 million development at the cinematic location of 438-444 Nepean Highway Frankston.

The former home of Frankston Cinemas will be transformed into a 14 storey mixed-use building with views of the bay.

Pace’s approved plans include 144 apartments, one shop, two hospitality spaces, a wellness centre, gym, plus 202 car parking spaces across three basement levels accessed from Nepean Highway. Works are due to commence early 2026 for completion in early 2030. The site has been derelict for over a decade, following the closure of the Frankston Cinema in March 2014.

There are currently seven approved private sector mixed-use developments in Frankston’s city centre. Urban DC’s Harbour Frankston commenced construction in May 2025, after their first project, Horizon Frankston, broke records as Victoria’s fastest selling development back in 2023/24.

Pre-sales on both developments identify enormous local demand for a diversity of housing including the premium market, and more options for downsizers.

Frankston City Mayor Kris Bolam JP says the transformation to the urban beautification, local economy, vibrancy and overall reputation from these award-winning developers and architects is going to be "insurmountable."

"When you look at the current list of approved and recently completed projects, Frankston City has a $506 million price tag of private development! Not to mention the additional 770 residential dwellings that will contribute to our housing targets,"&nbsp;Bolam says.

"Every visitor daring to pass through Frankston will have a changed perception of our City, every investor will understand the sheer magnitude of opportunity, every business will realise the potential, and every resident will proudly know that Frankston City is experiencing the most exciting trajectory in decades. There is no doubt that the next evolution of Frankston City will exceed everyone’s wildest expectations.”

Pace Development Group’s original proposal was not supported by Council in April 2023 and ultimately rejected by the Victorian Civil and Administrative Tribunal&nbsp;(VCAT) in July 2024. However once the Victorian Planning Minister had approved implementation of Council’s Frankston Metropolitan Activity Centre (FMAC) Structure Plan into the Frankston Planning Scheme in April 2025, Pace was able to work with Council to satisfactorily address any concerns and align plans accordingly.

Shane Wilkinson, Managing Director of Pace Development Group, said the permit approval was incredibly exciting both for the project at 438-444 Nepean Highway and for Frankston's broader transformation.

"Frankston is on the cusp of major change thanks to the forward-thinking vision of the Frankston City Council," Wilkinson says.

"With the Council's valued support, Pace is proud to be playing a leading role in helping to shape the transformation of Frankston by delivering new homes, jobs and retail opportunities for the Frankston community."

Mayor Bolam added that the Council’s newly adopted FMAC Structure Plan is giving greater confidence to investors that Frankston City is a proven investment hot spot with an optimal strategic planning framework for success.

"The final successful application from Pace is an impressive reflection of our community’s expectations and a great alignment with our Structure Plan. This is yet another development that will help guide Frankston City’s ongoing transformation.”

The FMAC Structure Plan, which provides critical clear direction on a number of criteria including land use, building design, housing and accommodation, is just one of several initiatives designed by Council to encourage, guide and support development applications. Council’s 2025-2026 Annual Budget includes a new differential rate to encourage the development of vacant and land-banked properties in Frankston’s city centre.

Vacant properties within the Frankston Metropolitan Activity Centre and along the Nepean Highway now attract a differential rate three times higher than the general rate, a measure designed to&nbsp;prevent land-banking and drive much needed investment into housing and commercial projects.

Council is also developing a streamlined application assessment timeframe for major developments that recognises the need for faster processing and review timeframes for larger projects, whilst still maintaining robust assessment standards.

Pace Development Group greenlit for 144 apartments in booming Frankston

As Melbourne eyes a net-zero future by 2035, developer Milieu is getting well ahead of the curve. Its new Malvern and Brunswick developments are fossil fuel–free, achieving an average 7-star and 7.5-star NatHERS rating through inclusions like solar photovoltaic systems, high levels of insulation, and passive design that encourages cross-flow ventilation.

Milieu’s largest project to date puts sustainability at the forefront and provides an opportunity to trial new initiatives—particularly in landscaping—thanks to the project’s scale and its unrepeatable, near-1.2-hectare block neighbouring the 140-year-old, heritage-listed Rippon Lea Estate.

[smartcode_project:default project_id=136535 project_image_fid=288419]

Milieu’s nature-first masterplan, <a href="https://www.apartments.com.au/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens</a>, will transform the former ABC Studios on Gordon Street into a new neighbourhood of low-rise buildings interspersed with walking trails, extensive landscaping, and pocket gardens by landscape architect Oculus. Over 40 per cent of the site will be dedicated to green space, with mature tree retention and a resident-access-only gate connecting directly to the Rippon Lea Estate’s gardens.

Like their Malvern and Brunswick projects, <a href="https://www.apartments.com.au/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens</a> will be entirely fossil fuel–free, with no connection to the natural gas network. All appliances and services will be electric, enabling residents to operate on 100 per cent renewable energy. Solar photovoltaic systems are powering common building services and reducing both environmental impact and energy bills.

[smartcode_project:default project_id=136535 project_image_fid=288420]

Water efficiency is another key feature. Rainwater harvesting tanks will irrigate the landscape, reducing reliance on freshwater and easing pressure on Melbourne’s stormwater system. High WELS-rated tapware and fixtures will further minimise water waste.

A multi-waste stream system will promote recycling and efficient waste separation for recyclables, general waste, and green waste. Car parking areas will include infrastructure for electric vehicle (EV) chargers, supporting the transition to sustainable transport.

<a href="https://www.apartments.com.au/developers/milieu-property">Milieu</a> has so far launched two of the residential buildings: Ripponlea Terrace and Gordon Place, with design by Woods Bagot and K.P.D.O. Ripponlea Terrace features a facade covered in cascading greenery that connects seamlessly with the surrounding landscape. Interiors are defined by natural stone, timber finishes, and soft colour accents. Gordon Place is one of the neighbourhood’s most sustainable buildings, incorporating high-performance insulation, double-glazed windows, and energy-efficient heating and cooling systems.

[smartcode_project:default project_id=136535 project_image_fid=288414]

Beyond environmental performance, <a href="https://www.apartments.com.au/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens</a> is also designed to support wellbeing and community. A wellness hub—including yoga and Pilates studios, saunas, and mineral pools—sits alongside pet care amenities, shared lounges, and workshop areas. Technological features such as smart locks, secure parcel lockers, and number plate recognition for car park access round out Milieu’s vision for modern, connected living.

Milieu Founder and Managing Director Michael McCormack says <a href="https://www.apartments.com.au/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens</a> is a once-in-a-generation opportunity.

“The layers of thought and design within this project, alongside the historical and cultural importance of the site, renders this our most significant undertaking to date," McCormack says.

“This site represents a once-in-a-lifetime opportunity to build something truly special. Our first step was to engage the local community, to get a sense of what they expected. Through that process, we arrived at a design that centres on a fully realised natural landscape – a series of private, interconnected gardens that encircle the homes and extend seamlessly from Rippon Lea Estate.”

Milieu recently appointed Brady Constructions to handle the build. The development will be delivered in stages, with the first residents expected to move in by early 2027.

[smartcode_project_cta:default project_id=136535]

Milieu champions sustainability at Elsternwick Gardens

The much-anticipated new residential release at Moonee Valley Park (MVP), the $3 billion redevelopment of the Moonee Valley Racecourse, has hit the market.

The latest stage, The Eveline, introduces a building with two architectural forms seamlessly connected by a communal lobby, The Eveline East and The Eveline West, a biophilic architectural approach by sought-after architecture practice <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>.

Positioned at the centre of the precinct and surrounded by 20 hectares of green open space, <a href="https://www.apartments.com.au/new-apartments/the-eveline-33-dean-street-moonee-ponds-vic-3039">The Eveline</a> draws on the site’s natural and historical context.&nbsp;

“The site’s proximity to the <a href="https://www.apartments.com.au/developments/moonee-ponds-vic-3039">Moonee Ponds</a> Creek inspired the beautiful organic curves to the building façade,” said Dom Cerantonio, Co-founder and Managing Principal at Cera Stribley.&nbsp;

“We wanted to continue the vegetation beyond the podium and right up the building to engage with residents on the upper floors."

[smartcode_project:default project_id=142519 project_image_fid=3137]

The $3 billion precinct is a joint venture between developer <a href="https://www.apartments.com.au/developers/hamton">Hamton</a> and leading industry superannuation fund Hostplus, in partnership with Moonee Valley Racing Club.

“The Eveline will be an exemplar of nature-based excellence, the uniqueness of these homes is grounded in biophilic design, its curved form, exceptional lifestyle amenities, breathtaking city views, and its setting within a sprawling 40-hectare botanical park," Hamton’s Executive Chairman Paul Hameister said.

[smartcode_project:default project_id=142519 project_image_fid=3143]

Residences range from one to three bedrooms, including three exclusive penthouse homes, with pricing from $525,000 to $4,995,000.

The Classic Residences overlook the Moonee Valley Park gardens and Moonee Ponds, featuring Smeg appliances and layouts of up to three bedrooms. The Grand Residences offer sweeping views of the Moonee Valley Racecourse and the city skyline, and are complemented by Miele appliances and natural stone finishes.

[smartcode_project:default project_id=142519 project_image_fid=3144]

The project incorporates a suite of 5-star amenities, including a porte-cochère drop-off, co-working hub, 25-metre lap pool with city views, and an expansive rooftop with lounge dining spaces, and communal vegetable gardens.

Additional wellness features include a gym and yoga room with views of the racetrack and skyline, as well as steam and sauna facilities.

[smartcode_project:default project_id=142519 project_image_fid=3135]

Hamton’s Managing Director Matt Malseed said The Eveline appeals to downsizers with its generous layouts and low-maintenance living.

“Cera Stribley’s diverse range of floorplan layouts makes the most of the surrounding green spaces and sweeping nature views.

“At The Eveline, there is a perfect residence for every household, and this diversity in design helps foster community and connection.

Located just six kilometres from the Melbourne CBD, Moonee Valley Park is fast emerging as a new residential enclave in the city’s north, with previous stages sold out. The precinct’s integration of green space, lifestyle amenity, and varied product mix has driven strong interest from a broad buyer demographic, particularly among downsizers seeking quality without compromise.

[smartcode_project_cta:default project_id=142519]

Hamton launches The Eveline at Moonee Valley Park, offering biophilic design and five-star amenities

Property developer <a href="https://www.apartments.com.au/developers/gamuda-land">Gamuda Land</a> has topped out its Fareham apartment development on St Kilda Road.

Markscon has completed the 16-storey structure and remains on track to deliver the entire building by early 2026.

“Topping out marks more than just structural progress — it represents our long-term vision to create sustainable, well-integrated neighbourhoods that add real value to the communities around them,” said Jess Teng, Chief Operating Officer, Gamuda Land.

<a href="https://www.urban.com.au/new-apartments/fareham-st-kilda-95-st-kilda-road-st-kilda-vic-3182">Fareham</a>, one of the few new developments currently on the market in St Kilda, responds directly to its location along the iconic St Kilda Road. The project is targeting an average 8-star NatHERS rating, well above standard requirements for new apartment buildings.

[smartcode_project:default project_id=137950 project_image_fid=281439]

The development incorporates a range of sustainable features that support energy efficiency, occupant comfort, and long-term operational performance. Fareham is enabled to operate on zero carbon energy, including an onsite 20kW array and access to 100% renewable electricity. As an all-electric building, Fareham has been designed without gas connections, further supporting low-emission living.

Its design includes open-air internal corridors — among the tallest of their kind in Melbourne — and enables cross-flow ventilation in 80% of apartments. High levels of daylight access to living and bedroom areas enhance thermal comfort and reduce reliance on artificial lighting. Water-sensitive design has also been integrated, with rainwater collected and reused for landscape irrigation and toilet flushing.

&nbsp;

[smartcode_project:default project_id=137950 project_image_fid=281447]

With just five apartments per floor, Fareham offers a low-density living environment that prioritises privacy and space. Its architectural form and orientation take cues from the surrounding coastal character, maximising natural light, breezes, and views — evoking the openness and comfort of beachside living.

Located within close reach of St Kilda Beach, Fitzroy Street’s dining scene, and Albert Park Lake, the development is also well-connected to public transport and cultural destinations across Melbourne.&nbsp;

[smartcode_project:default project_id=137950 project_image_fid=281446]

Gamuda Land is progressing on a similar timeline with its other Melbourne apartment project, The Canopy in Fishermans Bend, which also recently topped out and is scheduled for completion in early 2026. That project is being delivered by Crema Constructions.

“At both Fishermans Bend and St Kilda Road, we’ve embedded environmental performance and community benefit from the earliest stages," Teng added.

"These projects are not only designed for lower operational impact but also to elevate liveability for residents. We believe that sustainable urban homes must be thoughtful, resilient, and connected — and these developments reflect that ethos.”

Gamuda currently has over 60 infrastructure and engineering projects underway across Australia. It recently expanded its local presence through the acquisition of DT Infrastructure and Tunnelling Solutions (TunSol) — the infrastructure projects division of ASX-listed Downer Group.

[smartcode_project_cta:default project_id=4269]

Construction milestone marks progress at Fishermans Bend and St Kilda Road developments

Gamuda Land tops out Fareham on St Kilda Rd

One of the primary characteristics of a university campus is its location in high-amenity, well-connected suburbs, as it caters to the thousands of students who walk through its doors every day.

It’s this enviable central location that makes Hamton’s newest neighbourhood so appealing to discerning buyers. The 1.6-hectare site was formerly home to a University of Melbourne campus.

This relocation paved the way for <a href="https://www.apartments.com.au/developers/hamton">Hamton</a>, best known for their $3 billion joint venture development Moonee Valley Park, a vibrant new residential community emerging around the Moonee Valley Racecourse.

[smartcode_project:default project_id=149097 project_image_fid=327680]

<a href="https://www.apartments.com.au/new-apartments/scotch-hill-gardens-hawthorn-147-robinson-road-hawthorn-vic-3122">Scotch Hill Gardens</a> benefits from excellent transport connections and local amenities, further enhanced by the revitalisation of Bills Street delivered as part of the development. Thanks to its history as a university campus, the site is within five minutes of Glenferrie and Auburn Villages and 10 minutes to Kooyong Station.

In addition, the site lies within the prestigious Scotch Hill catchment, which includes highly sought-after educational institutions such as Scotch College, Bialik, and Auburn Primary and Auburn High. This makes it an attractive location for both young families and working professionals.

Understanding that the location would appeal to owner-occupiers, particularly rightsizers and downsizers, Hamton focused on creating a collection of residences tailored to this demographic. The design prioritised community over density, with a series of low-rise buildings nestled within nature.

[smartcode_project:default project_id=149097 project_image_fid=327652]

The development retains 77 established trees on the site and will add a further 151, creating a unique topography visible from the upper levels of the building. A collaboration between placemaking specialists Woods Bagot and landscape architect Tract, the design dedicates over 40 percent of the 1.6-hectare site to landscaped green open space, seamlessly woven between the low-rise buildings.

Landscaping subtly defines boundaries between public and private zones, ensuring a harmonious blend of spaces.

[smartcode_project:default project_id=149097 project_image_fid=327686]

Inspired by nature, the masterplan reflects the organic formations of lily pads on a pond, discreet yet interconnected, sitting lightly within their context. Following the principles of “nature-based cities,” the site integrates nature, amenity, wellness, and community.

This commitment to nature complements the already well-established landscape nearby. Adjacent to Gardiners Creek, the site offers both recreational and ecological benefits, while the Yarra River trails, Patterson Reserve, and Hawthorn Velodrome, further enhance the area’s outdoor amenities.

[smartcode_project:default project_id=149097 project_image_fid=327694]

Residents will have access to a range of facilities, including a bathhouse with wellness amenities, a gym, co-working spaces, and communal dining and lounge areas.

Hamton will announce a builder in the coming months. Demolition of the old Campus is underway with construction on the first stage, anticipated to commence early 2026.&nbsp;

[smartcode_project_cta:default project_id=149097]

Scotch Hill Gardens, a new life for the former University of Melbourne Hawthorn Campus

In the property market, many genuine financial shortcuts are scarce. Almost every region nationwide has experienced considerable growth over the last five, ten, or even fifteen years—driving affordability measures far above traditional standards.&nbsp;

One of the largest costs faced by buyers is stamp duty, especially when combined with mandatory deposits. A 10 per cent deposit typically triggers Lenders Mortgage Insurance (LMI), and to avoid that additional cost, buyers usually need to provide a 20 per cent deposit.&nbsp;

However, there is one area of potential savings that’s often overlooked: stamp duty concessions.&nbsp;

In the established market, stamp duty exemptions are limited to specific buyer segments or price points. But in Melbourne’s off-the-plan apartment market, the Victorian Government is offering a significant incentive—abolishing stamp duty entirely until October 2026, regardless of purchase price.&nbsp;

While other costs still apply, the difference in stamp duty between buying off the plan and purchasing an established property in Melbourne is now substantial.&nbsp;

This difference is especially pronounced in house-dominated suburbs like Ivanhoe, located in Melbourne’s leafy north-east. Developer Salter Brothers has identified an opportunity in the local apartment market, where the median house price sits at approximately $1.8 million—up 10 per cent over the past 12 months.&nbsp;

Their latest project, <a href="https://www.urban.com.au/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe">Candela</a>, presents a compelling case for savvy buyers looking to take advantage of stamp duty savings only afforded in the off the plan development.&nbsp;

[smartcode_project:default project_id=342 project_image_fid=324523]&nbsp;

Buyers of the $2,366,000 homes would pay around $51,854 in stamp duty. In contrast, the same priced home in the established market would cost around $133,790 in stamp duty, a difference of around $81,000.&nbsp;

A two-bedroom apartment priced just under $1 million would attract $16,270 in stamp duty at Candela, compared to nearly $55,000 in the established market—around $38,455 difference.&nbsp;

One-bedroom apartments, starting from $649,000, would incur stamp duty of just $9,350. An established property at that price would cost around $34,010 in stamp duty.&nbsp;

These figures reflect the benefit of how stamp duty is calculated on off-the-plan purchases (for owner occupiers), based only on the land component at the time of contract and point of construction —compared to established homes, where it is calculated on the full purchase price. Once construction is complete, however, these off the plan incentives are no longer available.&nbsp;

[smartcode_project:default project_id=342 project_image_fid=336456]

It’s a technicality that has evolved into a smart strategy for those who know where to look. At Candela, these financial advantages come with the added bonus of thoughtfully designed, contemporary apartments in one of Melbourne’s most desirable postcodes.&nbsp;

<h2>Why Ivanhoe?&nbsp;</h2>

Ivanhoe remains one of Melbourne’s most established and sought-after suburbs, offering a strong mix of lifestyle and convenience. It boasts access to top-tier schools, well-developed transport infrastructure, and vibrant village-style retail and dining. The area’s enduring appeal lies in its leafy streetscapes, proximity to the CBD, and nearby Yarra River parklands.&nbsp;

[smartcode_project:default project_id=342 project_image_fid=169551]&nbsp;

Candela is ideally located near Upper Heidelberg Road, offering residents seamless access to cafés, essential services, and public transport.&nbsp;

<h2>Design-led living at Candela&nbsp;</h2>

Salter Brothers partnered with architect John Demos to create four distinct apartment collections within Candela—Aurora, Brillante, Halo, and Lustre—with floorplans ranging from one to four bedrooms.&nbsp;

Apartments in the Brillante collection and beyond are well-suited to families. Curved walls in the master bedrooms create natural nooks, ideal for nursery corners or serene study spaces.&nbsp;

The one-bedroom Aurora apartments provide another thoughtful living solution: dual-key designs that allow for multi-generational living. These layouts enable grandparents or young adults to live close by while retaining privacy and independence. With just two of these apartments left, they represent a rare opportunity for proximity with autonomy.&nbsp;

[smartcode_project:default project_id=342 project_image_fid=169534]&nbsp;

Residents will benefit from access to commercial spaces designed to promote community connection, alongside private amenities including a resident lounge and rooftop terrace.&nbsp;

<h2>The long view on off the plan purchases&nbsp;</h2>

While buying off the plan involves some considerations—such as construction timelines and the need to thoroughly review plans and specifications—it also presents clear advantages. Chief among them is the ability to secure today’s prices while avoiding the higher upfront costs associated with established properties.&nbsp;

Construction at Candela, led by Ironside, is already underway, with completion expected by the end of September 2026.&nbsp;

[smartcode_project_cta:default project_id=342]

Savings can be around $81,000 to buy in Ivanhoe's newest off the plan apartment development, Candela Ivanhoe

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