A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Joel Robinson

Rainbow Bay apartment doubles in price since off the plan sale during pandemic

The long-planned transformation of Brisbane's historic Shafston Estate has taken another major step, with Capella Hotel Group announced as the luxury hospitality partner behind what will become Brisbane's first branded residences.

The project, to be known as Capella Residences Brisbane, is being delivered by Verso Projects at the landmark Kangaroo Point riverfront estate, with completion targeted for 2029.

The announcement follows a series of planning changes to the project over recent years. The site was originally approved in 2023 for a 15-level, 37-apartment development designed by Rothelowman for Burgundy Group before Verso Projects took over the 10,070 sqm riverfront holding and lodged revised plans with Kerry Hill Architects to increase the development to a 25-level tower with 51 apartments.

The latest announcement confirms Capella Hotel Group will bring its branded residential offering to the project, marking just the second Capella Residences development globally after Seoul, and the group's first branded residential project in Australia.

The <a href="https://www.apartments.com.au/new-apartments/23-castlebar-street-kangaroo-point-qld-4169">Castlebar Street development</a> will centre around the restoration of the heritage-listed Shafston House, one of Brisbane's oldest residences, originally constructed in 1851 by Reverend Robert Creyke as a single-storey cottage known as Ravenscott.

<img alt="Capella" data-entity-type="file" data-entity-uuid="2b9f4ce5-638f-4d6b-8082-3ca7e4b75fca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-09%20at%207.20.41%E2%80%AFAM.png?VersionId=f7aeqsW_DzOJI4FymWb3lD8NptSfsP7q" />

Capella said the project aligns with its focus on heritage-led developments, with the Brisbane estate combining the restored historic residence with a new luxury apartment tower and hospitality-inspired resident amenities.

Residents will have access to the Capella Living Room, a concierge-led communal space inspired by the group's luxury hotels, alongside landscaped gardens, six swimming pools, wellness and recreation facilities.

The broader estate will also include two riverfront homes, a six-berth private marina, porte cochère arrival experience, secure basement parking and a new section of public riverwalk along the Brisbane River frontage.

The heritage Postal Depot Building will also be retained and repurposed as a guest house, in line with the revised development plans.

The project represents another evolution for the site, which Kerry Hill Architects previously described as a rare opportunity to restore one of Brisbane's most significant heritage estates while creating a new benchmark for apartment living.

"The Shafston Estate provides a once-in-a-generation opportunity to restore one of Brisbane's finest heritage precincts and to reinstate residential use as a unique site perched on the edge of Kangaroo Point," Kerry Hill Architects said in its Urban Context Report accompanying the planning submission.

"The project will celebrate excellence in sub-tropical residential design, setting a new benchmark for vertical living in Brisbane."

Verso Projects, which now has an $8.5 billion development pipeline spanning more than 6,000 dwellings across apartments, townhouses, retail and commercial projects, said the partnership with Capella would elevate the development beyond a traditional residential project.

"We feel honoured to be restoring Shafston Estate to its former glory, elevating it to new heights of luxury and excellence underpinned by Capella's distinctive service ethos and design philosophy, and making it a standout landmark in Brisbane," Verso Projects CEO Steve Laffey said.

"By partnering with Capella, globally recognised for its refined approach to luxury hospitality and deep respect for cultural and historical context, we will elevate this project beyond a residential offering into a world-class destination."

Capella Hotel Group President Roland Fasel said Brisbane's emergence as a global city made it the right location for the company's Australian residential debut.

"Brisbane is a city on the cusp of something remarkable, and Capella Residences is our commitment to being part of that story," Fasel said.

"The Capella residential experience is more than luxury. It is about a sense of belonging to a place with deep meaning."

Private appointments have now opened for the project, with a display suite expected to open in late 2026 ahead of the planned 2029 completion.

Capella to launch Brisbane's first branded residences at Shafston House, Kangaroo Point

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

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

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

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

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

Billbergia, Metrics, approved for $3.5 billion Sydney skyscrapers

Melbourne off the plan apartments

A year after paying around $35 million for a large 8,475 sqm site in the heart of Kew, boutique Melbourne apartment developer Piccolo&nbsp;has revealed what it intends to do with it.

They've filed $50 million plans to the Boroondara Council for five three-level buildings at 18 Barry Street, a block near&nbsp;<a href="/developments/kew-vic-3101">Kew</a> Junction shopping village that is&nbsp;currently occupied by a former residential aged care facility.

There will be 60 two, three and four-bedroom apartments as part of&nbsp;<a href="/new-apartments/piccolo-house-barry-st-kew-barry-street-kew-18-barry-street-kew">A Piccolo House , Barry Street</a>, part of the Piccolo House collection that targets the high-end owner-occupier. Its most recent development, <a href="/new-apartments/a-piccolo-house-gore-st-fitzroy-385-gore-street-fitzroy">A Piccolo House, Gore Street</a> in <a href="/developments/fitzroy-vic-3065">Fitzroy</a>, secured a flurry of sales when it launched last year, quickly selling 70 per cent of the 49 apartments.

<a href="/developers/piccolo">Piccolo</a>, led by industry veteran Michael Piccolo, is once again teaming up with <a href="/architects/woods-bagot">Woods Bagot</a>, the architecture firm who has a string of proejcts with Piccolo. The developments end value is expected to be around $180 million.

<img alt="A Piccolo House - Barry Street in Kew, Barry St Frontage" data-entity-type="file" data-entity-uuid="3e72e815-4e96-4655-8a2f-72c6b6482797" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Barry%20St%20Frontage.png?VersionId=Ze8PCoyHGmsYUsG.BTfOsjj8cW6ohuDt" /> 
The Barry St Entrance. Image credit: Woods Bagot

The five buildings,&nbsp;in landscaping by ACRE, will comprise three levels of apartments, each with generous private outdoor spaces or balconies.&nbsp;

The buildings will be arranged around a central communal area. Buildings A and B will each have 10 apartments, Building C will home 12 apartments, while Buildings D and E will have 14 apartments a piece.

The buildings will sit above a basement with 133 parking spaces, additional visitor and staff parking, and 72 bicycle parking spaces.&nbsp;

<img alt="A Piccolo House - Barry Street in Kew, A Beckett Frontage" data-entity-type="file" data-entity-uuid="3b8efd3c-47bd-4da6-92a6-7e7a5b1a59c9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A%20Beckett%20Frontage.png?VersionId=OvWcAtgcY3lgtdVlJ1s60BurYjQRmqlW" />The view from A'Beckett St. Image credit: Woods Bagot

Future residents will also have access to extensive communal spaces, like a north-facing central outdoor area, as well an amenities building dubbed 'The Meadow' that will feature communal entertaining areas, a wine cellar, and a landscaped rooftop.&nbsp;

There will also be health and fitness facilities, including a gym, yoga room, spa, and golf simulator. A guest studio, lobby, concierge, and staff offices will also be part of the development.

<img alt="Barry Street" data-entity-type="file" data-entity-uuid="f48c03c2-65cb-4019-a9f3-ee19ea6db4c2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-31%20at%206.19.01%E2%80%AFPM.png?VersionId=8cgZu52vrvRJzWUGMd92Yt46yFBu8VPS" />The view from Barry St. Image credit: Woods Bagot

The planning assessment report prepared by&nbsp;Contour Consultants said, by definition pursuant to the provision of the GRZ4, the site is a "super sized lot".

"In response [to the Planning Policy Framework], the delivery of 60 high quality apartment dwellings contributes to the provision of a diverse housing type that will cater to a variety of households and families, on a large, under-utilised parcel of land and in an area with good access to transport, employment and a range of other services and facilities," the report noted.

It highlighted the State Government's "bold target" set in September 2023 to build 800,000 new homes by 2033 to address housing shortages and housing affordability.

"Larger sites such as the subject site which provide the opportunity for increased dwelling density, play a significant role in achieving the goals set out by the Victorian Government."

<img alt="Piccolo" data-entity-type="file" data-entity-uuid="d1a335eb-e706-493a-a810-67fec3405030" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-31%20at%206.28.20%E2%80%AFPM.png?VersionId=lkmCccj1Xn.hq6cmMrgy0IT_RJVyjC_g" />The site is currently occupied by an unused residential aged care facility

When securing the site in midway through 2023, Michael Piccolo highlighted the site's potential due to its&nbsp;tranquil setting.

"Its location, surrounded by the serenity of leafy streets and impressive vistas, combined with its scale, liveability, and character, ticks all the boxes for us," Piccolo said.

"This unique opportunity is a rare gem in the current market, where properties of such calibre are extremely scarce."&nbsp;

[smartcode_project_cta:default project_id=141498]

There will be 60 two and three-bedroom apartments as part of A Piccolo House , Barry Street, part of the Piccolo House collection that targets the high-end owner-occupier

First look exclusive: Piccolo plot new Kew apartment development

Civil and infrastructure works at Sunkin Property Group's Highett Common are all but complete, signalling significant progress toward Victoria's first medium-density net zero community.&nbsp;

The advancements in the project's early stages will pave the way for the main works on site to continue to move forward.

[smartcode_project:default project_id=108019 project_image_fid=212656]

The latest updates from the construction team highlight the installation of inground electrical infrastructure and street lighting to ensure Highett Common remains a connected community precinct and achieves the goal of an all-electric development.

Extensive work has also been undertaken on sub-base installation and access roads.&nbsp;

Additionally, basement works in the two apartment buildings of stage one are progressing, with wall concreting at 80 per cent completion and ongoing waterproofing at North Lane.

Construction work continued to advance following the project’s sod-turning ceremony in May.&nbsp;

[smartcode_project:default project_id=108019 project_image_fid=213936]

In June, <a href="/builders/sk-construction">SK Construction</a> made significant strides in the installation of precast columns and stair and lift shafts extending from the basements to the underside of the second levels, marking a further progression in the vertical construction of the building.&nbsp;

Read more:&nbsp;<a href="/news/vic/sunkin-property-group-break-ground-at-highett-common-masterplan">Sunkin Property Group break ground at Highett Common masterplan</a>

&nbsp;

<a href="/new-apartments/highett-common-37-graham-road-highett-vic-3190">Highett Common</a>, situated on a 9.3-hectare site, will eventually accommodate over 1,000 residents.&nbsp;

The first release, Park House, is already 70 per cent sold and features one, two, and three-bedroom residences designed by <a href="/architects/clarke-hopkins-clarke-0">Clarke Hopkins Clarke Architects</a> and <a href="/landscape-architect/tract-landscape-architects">Tract Landscape Architects</a>.

The <a href="/developments/highett-vic-3190">Highett</a>&nbsp;development includes state-of-the-art amenities such as gyms, wellness areas, swimming pools and sun-drenched decks.&nbsp;

It also features a private dining room, indoor and outdoor lounge areas, and spaces dedicated to work, study, workshops, and community meetings, including a new public library.

<a href="/developers/sunkin-property-group">Sunkin Property Group</a>&nbsp;is expecting the first stage of the development to be complete by late 2025.

[smartcode_project_cta:default project_id=108019]

Highett Common, situated on a 9.3-hectare site, will eventually accommodate over 1,000 residents

mikah.m@urban.com.au

Highett Common about to come out of the ground as early site works approach completion

Mirvac's latest parkside apartment development, Prince &amp; Parade&nbsp; , brings together the same team that has created several iconic developments that have stood the test of time in Melbourne.

It was two decades ago when ASX-listed developer Mirvac cut the ribbon to open their St Kilda Road parkside tower, The Melburnian.

The 23-level <a href="/developments/southbank-vic-3006">Southbank</a> tower, at the northern end of the exclusive strip, was one of Mirvac’s first parkside towers. And while the landscape of Southbank has changed over 20 years, The Melburnian, on Kings Domain, still stands as a local landmark.

It wasn’t until 2015 Mirvac put together a prime block of land on Fitzroy Gardens. What came four years later was <a href="/buildings/the-eastbourne-280-albert-street-east-melbourne">The Eastbourne</a>, one of the most revered parkside developments in the whole of Melbourne.

Now it's the turn of Prince &amp; Parade&nbsp; , on Princes Park in <a href="/developments/brunswick-vic-3056">Brunswick</a>. The same architect from The Melburnian and The Eastbourne, Bates Smart, has been commissioned again to design another iconic parkside project for the ASX-listed developer.

We recently took a tour of <a href="/new-apartments/prince-parade-by-mirvac-brunswick-701-park-street-brunswick">Prince &amp; Parade</a> and its surrounding area, and spoke with Mirvac's Julian Gries to find out more about the development.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/cbIZ5hWp79Q?si=htVZNUl9iWtdOZn7" title="YouTube video player" width="560"></iframe>

[smartcode_project_cta:default project_id=4802]

We recently took a tour of Prince & Parade and its surrounding area, and spoke with Mirvac's Julian Gries to find out more about the development

Mirvac go parkside again with Prince & Parade on Princes Park in Brunswick: Urban video tour

Design-driven residential developer Milieu has always broken the mould when it comes to new homes.

Those who live in Melbourne’s inner north know when they’re walking past a Milieu development. Recently the developer branched out to Melbourne’s south-east, bringing their signature style to <a href="/new-apartments/plant-street-by-milieu-malvern-1-plant-street-malvern">Plant Street Malvern</a>. Now they’ve revealed their next development, and it’s probably one of the most unique they’ve produced since being founded 15 years ago.

Having secured the 11,740 sqm site of the former ABC Studios on Gordon Street in Elsternwick back in 2022, Milieu has spent the last two years working alongside Woods Bagot, OCULUS Broached Commissions and March Studio to create a garden-centric community they’re calling <a href="/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens by Milieu</a>.

[smartcode_project:default project_id=136535 project_image_fid=288414]

With nearly half of the site reserved for landscaping, Elsternwick Gardens, as the name suggests, will be a garden oasis. The project comprises six low-rise buildings, divided into three distinct interior design offerings. Milieu has assembled a stellar team of interior designers comprising K.P.D.O., Woods Bagot and Flack Studio.

One of the biggest considerations in the planning phase was how to not only incorporate, but celebrate and take advantage of the neighbouring Rippon Lea Estate, the landmark 19th century mansion surrounded by seven hectares of gardens that are deemed some of the best in the country. The estate is listed on the National Heritage Register as one of the finest examples of original suburban estates in Australia.

Future residents of Elsternwick Gardens will have direct access through a private, secure gate to Rippon Lea Estate. Another plus for those who will call Elsternwick Gardens home is that the head gardener of Rippon Lea Estate will oversee maintenance of the landscaping and gardens throughout Elsternwick Gardens, making sure the grounds essentially extend from Rippon Lea Estate through the new development.

[smartcode_project:default project_id=136535 project_image_fid=288420]

The Elsternwick Gardens site was previously part of the wider Rippon Lea Estate, before it was carved up and became the industrial production facility for ABC Studios with the advent of television in Australia. That building is currently being demolished ready for construction to commence.&nbsp;

The design process has involved extensive research and consultation with community groups and stakeholders to ensure the project positively contributes to the social fabric of <a href="/developments/elsternwick-vic-3185">Elsternwick</a>.&nbsp;

Residents will have access to a lounge area at ABC Lane, the precinct's entry point, as well as health and wellness facilities including a fitness centre with sauna, steam room, mineral bath, cold plunge, yoga, pilates, and a simulation golf area. The precinct will also include amenities for pet care, car washing facilities and hobby workshops, as well as a hospitality offering.

[smartcode_project:default project_id=136535 project_image_fid=288412]

<a href="/developers/milieu-property">Milieu</a> Managing Director Michael McCormack said Elsternwick Gardens is a once-in-a-generation opportunity.

“The sheer scale of the project, alongside the historical and cultural importance of the site, renders this our most significant undertaking to date," McCormack says.

"Close to our hearts and planted firmly front of mind, it’s the project that we believe will define our legacy as a creative developer.”

[smartcode_project:default project_id=136535 project_image_fid=288415]

Progressive, sustainable design has always been central to Milieu’s creative development. Milieu’s buildings consistently achieve a NatHERS rating of at least 7.0 on average, and Elsternwick Gardens will be no different. There will be provision for EV charging, carbon-neutral energy supplies, solar power collection and cross-flow ventilation to the apartments. Every apartment will be completely fossil fuel-free and have no connection to the natural gas network. Homes can be powered with 100 per cent renewable energy. Water tanks will harvest rainwater for landscape irrigation minimising residents use of fresh water and impact on Melbourne's stormwater system.

Aside from being located next door to Rippon Lea Estate, future Elsternwick Gardens residents will be a short walk from the centre of Elsternwick to the south, with its train station, shopping precinct and range of restaurants and cafes and the vibrant village or Ripponlea Village to the northwest.&nbsp;

Milieu is currently fitting out an onsite display at 8 Gordon Street that will be ready for prospective buyers in late August.&nbsp;

Register your interest to have first access to information in August ahead of the future public launch.

[smartcode_project_cta:default project_id=136535]

With nearly half of the site reserved for landscaping, Elsternwick Gardens, as the name suggests, will be a garden oasis

Exclusive: Milieu unveils anticipated Elsternwick Gardens precinct on the fringe of Rippon Lea Estate

Construction has officially commenced on Matrix Development's 333 STK apartment development in St Kilda, undertaken by builder Balmain &amp; Co.

Designed by <a href="/architects/rothelowman">Rothelowman</a>, 333 STK will consist of 76 one, two, and three-bedroom apartments, as well as two limited penthouse duplexes.&nbsp;

[smartcode_project:default project_id=112949 project_image_fid=252261]

The development will feature two retail spaces at ground level, anticipated to be a mini grocer and a specialty bakery cafe.

Residents will have exclusive access to communal amenities, including a private dining room, a multifunctional lounge that can serve as a media room or conference space, a rooftop retreat with a barbecue area, and a fully equipped gym.

[smartcode_project:default project_id=112949 project_image_fid=269318]

<a href="/new-apartments/333-stk-333-st-kilda-road-st-kilda">333 StK</a> is strategically located on a 2,540 sqm corner site along St Kilda Road and Blanche Street.

The site offers excellent connectivity with a high transit score of 81, placing future residents just metres from a tram stop and benefiting from the nearby ANZAC Station.&nbsp;

Residents will also enjoy close proximity to local attractions and amenities such as the St Kilda Esplanade Market, The Avenue Hospital, St Kilda Park Primary School, St Mary College, St Kilda Beach, St Kilda Botanical Garden, and Luna Park.

[smartcode_project:default project_id=112949 project_image_fid=252262]

<a href="/builders/balmain-co">Balmain &amp; Co</a>&nbsp;is targeting a Q4&nbsp;2025 completion date. Stamp duty savings are currently available for prospective buyers.&nbsp;

Prices for the apartments range from $645,000 to $4.8 million.

<a href="/developers/matrix-developments">Matrix Development&nbsp;Australia</a>&nbsp;is the Australian division of Matrix Concepts Holdings Berhad&nbsp;(MCHB). MCHB has been operating as a public listed property developer in Malaysia since 1996.

In 2016, Matrix launched its first foray into the Melbourne market with the development of M.Carnegie, a 52-apartment low rise that was 100 per cent sold upon completion in 2018.

[smartcode_project_cta:default project_id=112949]

Balmain & Co commences construction on 333 StK, St Kilda apartment development

When it comes to buyers looking at apartments in new developments in Melbourne and its surrounding suburbs, the level of amenities on offer can often be the deciding factor for a buyer.

Amenity has been a huge focus in the last five years, particularly since the onset of COVID which saw a significant amount of people work from home. That trend may never go away, and that's seen most developers incorporate co-working spaces as part of the amenity of the building. Pre-COVID, this type of amenity didn't exist.

But developers on this list didn't stop there when it came to creating a point of difference in their building. From cinemas and rooftop dining areas to running tracks and wellness centres, we've wrapped up the best apartment developments around Melbourne with a significant list of amenities.

<h2>Project: R.Iconic, South Melbourne</h2>

<h3>Address: 259 Normanby Road, South Melbourne VIC 3205</h3>

<h3>Developer: R.Corporation</h3>

<a href="/developers/rcorporation">R. Corporation</a>'s latest apartment development, <a href="/buildings/r-iconic-south-melbourne-259-normanby-road-south-melbourne">R.Iconic</a>, is one of the most amenity-fuelled developments ever produced in South Melbourne.

The recently completed first building at 259 Normanby Road features all the bells and whistles of a resort-style hotel.

[smartcode_project:default project_id=5234 project_image_fid=233904]

Set among landscaped gardens designed by the renowned <a href="/landscape-architect/paul-bangay-garden-design">Paul Bagnay</a>, R.Iconic features an expansive backyard featuring one acre of space.&nbsp;

The rooftop is where most of the action is. There's a heated outdoor pool, an infinity running track, an outdoor gym, a tranquil zen garden, and an adventure playground for children. Also featuring on the roof are two dining pavilions, two barbecue spaces and a firepit area.

There's another indoor gym that includes a steam room and a sauna, while a cinema and karaoke room, a&nbsp;24/7 concierge, dog grooming station, and EV charging stations and bicycle storage make up the rest of the amenity.

[smartcode_project:default project_id=5234 project_image_fid=233907]

Penthouse and townhouse owners in R.Iconic also get exclusive access to the Horizon Lounge, a sky-high private level with Bayside views, lounge areas for entertaining, a kitchen and dining space, and a mezzanine meeting area.

<h2>Project: BLVD at Melbourne Square</h2>

<h3>Address: 19 Hoff Boulevard, Southbank VIC 3006</h3>

<h3>Developer: OSK Property</h3>

OSK Property's&nbsp;<a href="/new-apartments/blvd-at-melbourne-square-19-hoff-boulevard-southbank">BLVD</a> is another building in the multi-billion dollar Melbourne Square precinct in&nbsp;<a href="/developments/southbank-vic-3006">Southbank</a> that will deliver a significant amount of building amenity.

The 602 residences receive access to private dining rooms, state-of-the-art gyms, a 25-metre indoor swimming pool, spa, sauna, golf simulator, entertainment and lounge spaces, and a double-storey co-working area on levels 55 and 56.&nbsp;

[smartcode_project:default project_id=107714 project_image_fid=211867]

Beyond its architectural grandeur designed by <a href="/architects/cox-architecture">Cox Architecture</a>, BLVD embodies a commitment to sustainability and well-being, &nbsp;featuring carbon-neutral operation-enabled residences, gas-free design, and EV charging stations.&nbsp;

<a href="/builders/multiplex">Multiplex</a> has recently broken ground on BLVD and commenced construction of the 74-level tower. They're expecting to complete the building in Q1 2028.

<h2>Project: Trielle at Yarra's Edge, Docklands</h2>

<h3>Address: 16 Point Park Crescent, Docklands VIC 3008</h3>

<h3>Developer: Mirvac</h3>

<a href="/developers/mirvac">Mirvac</a>'s Trielle at Yarra's Edge is one of the most highly coveted and exclusive residential towers in Mirvac's $1.2 billion masterplan on the <a href="/developments/docklands-vic-3008">Docklands</a> waterfront.

<a href="/new-apartments/trielle-at-yarras-edge-docklands-16-point-park-crescent-docklands">Trielle</a> is one of Mirvac's most amenity-filled projects they've ever developed. It has everything a buyer could want

[smartcode_project:default project_id=114216 project_image_fid=211520]

A full wellness centre has been designed by Australia’s leading spa expert Naomi Gregory, complete with a 25-metre lap pool and spa, biophilic gym, magnesium spa, cold-pail contrast treatment and day spa treatment rooms.

There's flexi-working spaces, of course, with a resident library complete with business-class work pods as well as dedicated office spaces dubbed Mills Place.

[smartcode_project:default project_id=114216 project_image_fid=212015]

Relaxation and entertainment amenity has not been overlooked with a piano bar, resident dining room, cinema room, games room, golf simulator studio and a teppanyaki barbecue with adjoining outdoor dining.

Trielle also embraces sustainability with its fully electric building and EV charging stations.

Trielle is slated for completion in mid-2027.

<h2>Project: Highett Common</h2>

<h3>Address: 37 Graham Road, Highett VIC 3190</h3>

<h3>Developer: Sunkin Property Group</h3>

<a href="/developers/sunkin-property-group">Sunkin</a>&nbsp;Property Group's&nbsp;<a href="/new-apartments/highett-common-37-graham-road-highett-vic-3190">Highett Common</a>, a masterplan in the heart of <a href="/developments/highett-vic-3190">Highett</a>, will home more than 1,000 residents across a 9.3-hectare site when it's completed.

The first release, Park House, already 70 per cent sold, offers one, two, and three-bedroom residences designed by <a href="/architects/clarke-hopkins-clarke-0">Clarke Hopkins Clarke Architects</a> and <a href="/landscape-architect/tract-landscape-architects">Tract Landscape Architects</a> to harmonise with the surrounding environment.

[smartcode_project:default project_id=108019 project_image_fid=213936]

The state-of-the-art amenities include gyms and wellness areas, swimming pools and sun-drenched decks, providing residents with a resort-like living experience.

Meanwhile, residents can host celebrations with family and friends in a private dining room and expansive indoor and outdoor lounge areas.&nbsp;

[smartcode_project:default project_id=108019 project_image_fid=213939]

The development also incorporates dedicated spaces for work and study, workshops, and community meetings at the new public Highett Library.

<a href="/builders/sk-construction">SK Construction</a> has commenced construction of Highett Common’s $70 million stage 1 construction program, completed by late 2025.

<h2>Project: Louise Melbourne</h2>

<h3>Address: 8 Louise Street, Melbourne VIC 3004</h3>

<h3>Developer: Samuel Property</h3>

<a href="/developers/samuel-property">Samuel Property</a>'s Louise Melbourne, just off St Kilda Road, is another building brining premium amenity to its residents.

Designed by <a href="/architects/cera-stribley-architects">Cera Stribley</a>, <a href="/new-apartments/louise-melbourne-8-louise-street-melbourne">Louise</a> will feature 88 one, two, three and four-bedroom apartments with amenity like a&nbsp;a swimming pool, cleverly positioned beneath a distinctive skylight, forming the focal point of a wellness centre with a steam room.&nbsp;

[smartcode_project:default project_id=112174 project_image_fid=199646]

A landscaped outdoor terrace wraps around communal areas, complemented by a bookable private dining room with a full kitchen and a private lounge area.

The 16-level development is currently under construction by the renowned builder <a href="/builders/hamilton-marino">Hamilton Marino</a>&nbsp;who is working toward a&nbsp;2025 completion.

<h2>Project: Malvern Collective</h2>

<h3>Address: 2 Station Place, Malvern VIC 3144</h3>

<h3>Developer: Kokoda Property</h3>

Melbourne developer <a href="/developers/kokoda-property">Kokoda Property</a> has created an even more convenient neighbourhood than the 15-minute neighbourhood at their new zero-minute mixed-used precinct, <a href="/new-apartments/malvern-collective-2-station-place-malvern">Malvern Collective</a>.

Malvern Collective comprises 205 one to three-bedroom apartments above a soon-to-be-thriving hospitality precinct, offering future residents every convenience at their doorstep, including a Woolworths Metro, six hospitality venues, and a straightforward commute to the city.

[smartcode_project:default project_id=12457 project_image_fid=217249]

Residents of Malvern Collective will also enjoy exclusive amenities within the project, such as a co-working space, a cinema, a swimming pool, a wellness centre with hot and cold plunge pools, and a private dining area.

Construction on Malvern Collective is well underway, with completion slated for late 2024.

<h2>Project: The Eighth, South Melbourne</h2>

<h3>Address: 22 Kings Place, South Melbourne VIC 3205</h3>

<h3>Developer: Projects by Crema</h3>

<a href="/developments/south-melbourne-vic-3205">South Melbourne</a>'s recently completed <a>The Eighth</a> by <a href="/developers/crema-group">Projects by Crema</a> offers some of the largest apartments on offer in the sought-after suburb on the fringe of the St Kilda Rd precinct.

Designed by <a href="/architects/fraser-partners-0">Elenberg Fraser</a> and Kennon, the 18-level building includes two levels of commercial office space, 36 high-end apartments, a resident rooftop with a swimming pool and bar, and a holistic corporate wellbeing business on the podium level.

[smartcode_project:default project_id=5345 project_image_fid=269736]

Convenience is at the foot of the building in the Palms Cafe and Beppi's Wine Bar is on the ground floor.

Located in Melbourne's Domain Precinct, <a href="/buildings/the-eighth-south-melbourne-22-kings-place-south-melbourne">The Eighth</a> is in an ideal transport pocket, just off the bus stops on Park Street and the new ANZAC Station.

<h2>Project: Victoriana, Melbourne</h2>

<h3>Address: 20 Queens Road, Melbourne VIC 3004</h3>

<h3>Developer: CDG Group</h3>

The 2021-completed project by <a href="/developers/cdg-group">CDG Group</a> comprises a mix of one, two, three and four-bedroom apartments, with the interiors focusing on creating a balance between space and elegance.

The 16-level building has been designed by <a href="/architects/rothelowman">Rothelowman</a> with cascading terraces, a vertical garden, and careful consideration of the natural landscape.

[smartcode_project:default project_id=1979 project_image_fid=78670]

Beyond the confines of the apartments, residents at <a href="/buildings/victoriana-melbourne-20-queens-road-melbourne">Victoriana</a> are treated to a range of resort-inspired amenities that rival those of a six-star hotel.

There's a heated indoor swimming pool, a steam room and a sauna, as well as a state-of-the-art gym, equipped with cardio and weights, a lounge and garden terrace, services like concierge assistance, secure video intercom entry, high-speed lift access, and a porte-cochere.

With the St Kilda Road trams just a stone's throw away and the upcoming Anzac Railway Station in close proximity, commuting and exploring the city has never been easier.

<h2>Project: West Side Place, Melbourne</h2>

<h3>Address: 250 Spencer Street, Melbourne VIC 3000</h3>

<h3>Developer: Far East Consortium</h3>

<a href="/developers/far-east-consortium">Far East Consortium</a>'s completed $1 billion <a href="/buildings/west-side-place-melbourne-250-spencer-street-melbourne-vic-3000">West Side Place</a> stands tall with four residential towers and the prestigious Ritz-Carlton and Dorsett Hotels at 250 Spencer Street.

Designed by <a href="/architects/cottee-parker-architects">Cottee Parker</a>, residents can choose from a one-bedroom, one-bedroom plus study, and multiple two-bedroom configurations.&nbsp;

[smartcode_project:default project_id=1270 project_image_fid=217072]

The amenity, both in and out of the building, has been a major driver at West Side Place.&nbsp;

The development has a swimming pool with a steam room and sauna, a gymnasium with an open terrace, function and meeting rooms, open terraces with seating and BBQ facilities, a private cinema, and even karaoke and virtual golf facilities.

The on-site retail arcades at West Side Place also offer convenience and a diversity of shops and services at the residents' doorstep.

<h2>Project: The Albertine by Mirvac, Melbourne</h2>

<h3>Address: 31 Queens Lane, Melbourne VIC 3004</h3>

<h3>Developer: Mirvac</h3>

<a href="/new-apartments/the-albertine-by-mirvac-melbourne-31-queens-lane-melbourne">The Albertine</a> is one of ASX-listed developer Mirvac's latest projects in <a href="/developments/melbourne-vic-3004">Melbourne</a>.

The new apartment development will home 98 one, two and three-bedroom apartments, catering for every buyer cohort in the market.

[smartcode_project:default project_id=138659 project_image_fid=215874]

Like Mirvac's portfolio, particularly across their Melbourne projects, there's also a high level of amenity for residents.

The resident facilities are split across different levels. The Circadian Club will feature an indoor pool and spa, state-of-the-art gym, yoga and Pilates studio, and sauna, while the Elysian Room on level 10 will be residents' exclusive dining space with sweeping views across Melbourne.

[smartcode_project:default project_id=138659 project_image_fid=215878]

Residents at the $200 million development, will be ideally positioned to take advantage of the new ANZAC Station from its Queens Lane address.

<a href="/builders/mirvac-construction">Mirvac Construction</a>&nbsp;commenced early site works in The Albertine recently.

From rooftop running tracks to piano bars: Melbourne's best apartments with significant resident amenities

While established markets tend to take a breather over winter as agents head overseas, it's a busy time in the off the plan development space.

Developers, media agencies and project marketers start to firm up plans for a spring launch of their developments, giving prospective buyers the biggest hit of supply they'll see all year.

Anecdotal feedback from developers and project marketers is that there's enough demand for new apartments at the moment, based on the lack of supply and as long as the product is being delivered by a team with a strong background in development.&nbsp; Many of those who make this list have been in the development game for decades.

We've wrapped up the top developments that are set to launch before the end of 2024.

<h2>Who:&nbsp;Milieu</h2>

<h2>What: Elsternwick Gardens by Milieu</h2>

<h2>Where: 8 Gordon Street, Elsternwick</h2>

Having secured the 11,740 sqm site of the former ABC Studios on Gordon Street in Elsternwick back in 2022, design-focussed developer Milieu has spent the last two years working alongside Woods Bagot, K.P.D.O., Flack Studio, OCULUS, Broached Commissions and March Studio to create a garden-centric community they’re calling <a href="/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens by Milieu</a>.

Elsternwick Gardens by Milieu is a low-rise, campus-style development of six buildings and over half a hectare of green open space.

[smartcode_project:default project_id=136535 project_image_fid=288414]

One of the biggest considerations in the planning phase was how to not only incorporate, but celebrate and take advantage of the neighbouring Rippon Lea Estate, the landmark 19th century mansion surrounded by seven hectares of gardens that are deemed some of the best in the country. The estate is listed on the National Heritage Register as one of the finest examples of original suburban estates in Australia.

Elsternwick Gardens by Milieu residents will have private access to the heritage gardens through a gate that can only be accessed by its occupants.

[smartcode_project:default project_id=136535 project_image_fid=288420]

Milieu Managing Director Michael McCormack said Elsternwick Gardens is a once-in-a-generation opportunity.

“The sheer scale of the project, alongside the historical and cultural importance of the site, renders this our most significant undertaking to date. Close to our hearts and planted firmly front of mind, it’s the project that we believe will define our legacy as a creative developer."

<h2>Who:&nbsp;ANGLE</h2>

<h2>What: Fernhurst, 20 apartments and homes&nbsp;</h2>

<h2>Where: Fernhurst Grove, Studley Park Kew</h2>

Boutique apartment developer <a href="/developers/angle">ANGLE</a> is set to launch its Kew apartment development, <a href="/new-apartments/fernhurst-kew-11-15-fernhurst-grove-kew-vic-3101">Fernhurst</a>, in the coming months, having received development approval for the luxury 20-residence project late last year.

The development, on a 4,000 sqm site on the corner of Stawell Street and Fernhurst Grove in Studley Park, will comprise 17 apartments and three homes, ranging in price between $2 million and $7 million.

The site has around 113 metres of frontage to Fernhurst Grove and Stawell Street. Every ground-floor apartment will have an average garden area of over 150 sqm, ANGLE’s most extensively landscaped project to date.

<img alt="ANGLE" data-entity-type="file" data-entity-uuid="246001fb-e79f-43f7-9a0a-9aff444919ae" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-06-27%20at%2012.54.04%E2%80%AFPM.png?VersionId=kF88TNHudK4SzCOzGmC.SYV9LmR58yhB" />

Having successfully developed the award-winning Fenwick project together just over 500 metres away, ANGLE is once again partnering with architecture practice Edition Office and landscape designer Eckersley Garden Architecture to deliver Fernhurst.

Director Lachie Gibson says Fernhurst will follow in the footsteps of ANGLE’s nearby projects, representing another opportunity for the team to demonstrate its industry-leading focus on design, landscaping and architecture.

Jellis Craig Projects Director Stephen Bowtell is handling the sales.

<h2>Who:&nbsp;DARE Property Group</h2>

<h2>What: St David</h2>

<h2>Where: 33 St David Street, Fitzroy</h2>

Sydney-based developer DARE Property Group is breaking into the high-end residential market in Melbourne.

Its debut development will be in Fitzroy where they're soon to launch <a href="/new-apartments/saint-david-fitzroy-33-st-david-street-fitzroy-vic-3065">St David</a>, just 17 apartments named after its prime position on St David Street, between Smith and Brunswick streets.

<img alt="St David" data-entity-type="file" data-entity-uuid="7ffa4d4c-aa34-43b8-947d-0237d9865eda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-02%20at%2010.02.30%E2%80%AFPM.png?VersionId=J9PA7SR2URyiXowjP8pfmYOBOKGfUk5B" />

Designed by Cera Stribley, St David will have five two-bedroom apartments, nine three-bed apartments, and three penthouses.

Cera Stribley says 33 St David St "demands a structure of architectural distinction."

"Our design draws inspiration from the rich local context, specifically the iconic Rojo Stools from the former furniture factory. The proposed fluted facade pays homage to the curved form of the stool's seat, creating a simple yet striking architectural tectonic."

<h2>Who: Kincrest</h2>

<h2>What: The Osment - 22 apartments on Grattan Gardens</h2>

<h2>Where: 3-7 Grattan Street, Prahran</h2>

Developer <a href="/developers/kincrest">Kincrest</a> will be bringing one of the best parkside developments to Prahran in Spring after they put together a prime 1,613 sqm site on Grattan Gardens.

They'll be launching 22 two, three and four-bedroom apartments across a seven-level building at <a href="/new-apartments/the-osment-prahran-3-7-grattan-street-prahran">3-7 Grattan Street</a>, a site with a 35-metre frontage to the popular <a href="/developments/prahran-vic-3181">Prahran</a> park.

<img alt="Exclusive first look: Kincrest plots new Prahran apartments" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-06-11%20at%2010.36.50%20am.png?VersionId=CHSl4.FRxEblmX8Chkbm5NRiGvmTYAZE" />

The mixed-use plans by <a href="/architects/cheah-saw-architecture">Cheah Saw Architecture</a>&nbsp;will include two levels of strata offices and a ground-floor cafe and retail space that will face the park.

"The Greville St precinct, with positive input from the City of Stonnington, has rejuvenated in recent years, we’re really excited to be within such a historical, vibrant area of life," Kincrest Director Tom Howgate says.

"We see this development as contributing to a world-class location."

<h2>Who:&nbsp;Abadeen</h2>

<h2>What: 26 apartments by Carr</h2>

<h2>Where: 616-646 High Street, Prahran</h2>

The Victorian division of Sydney's longtime luxury Lower North Shore development company Abadeen, is continuing its push into Melbourne's owner-occupier market.

<a href="/developers/abadeen-group">Abadeen</a>, led locally by former CBRE Director Andrew Leoncelli, is looking to launch its Prahran apartment development, subject to council approval.

<img alt="First look: Abadeen lodge plans for second Melbourne apartment development" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-04-17%20at%2011.05.29%20am.png?VersionId=79fVjZ.l2snAFEPFAw3RuGyQuZFmK7pW" />

Abadeen will be developing a boutique building at 616-646 High Street, on the corner of Airlie Avenue and High Street near Toorak Park and Orrong Romanis Reserve.

They had <a href="/architects/carr-design">Carr</a> design a four-level building that curves around a Smooth Bark Apple tree, immovable as it's listed as a national trust significant tree.

There will be 26 apartments across the four levels, a mix of two-beds, two-bed plus study's, and three-bed apartments.

Abadeen announced itself to the Melbourne owner-occupier market with <a href="/new-apartments/malea-94-burke-road-malvern-east">Maléa</a>, just seven parkside apartments on Malvern East's Central Park.

<h2>Who: Salvo</h2>

<h2>What: Moray House, 305 apartments</h2>

<h2>Where: 42 Moray Street and 11-13 Hancock Street, Southbank</h2>

Prominent Melbourne fringe developer <a href="/developers/salvo">Salvo</a> is set to kick off the demolition phase of its recently-unveiled Southbank tower, <a href="/new-apartments/moray-house-42-moray-street-southbank">Moray House</a>.

Rising 56 levels on a prime corner site across 42 Moray Street and 11-13 Hancock Street, Moray House will comprise 305 apartments. More than 240 of the apartments&nbsp;have already been snapped up by a variety of demographics, from parents purchasing apartments for their children, professionals seeking a city base, families moving back to inner Melbourne post-COVID, and investors.

The $200 million project is primarily made up of two and three-bedroom apartments designed by interior designer David Hicks, as well as two double-level penthouses with never-to-be-built-out views. Moray House also comprises eight levels of office space, hi-tech co-working facilities and two floors of residential amenity with wellness and relaxation at its core.

<img alt="First look: Salvo set to launch Southbank apartment tower Moray House" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-05-01%20at%2010.37.30%20am.png?VersionId=LJb_JYW9EVD0758ZDbTu4jdOV640X6Ca" />

<a href="/developers/salvo">Salvo</a>&nbsp;Managing Partner James Maitland said&nbsp;<a href="/developers/salvo" target="">Salvo</a>’s&nbsp;Now Generation&nbsp;blueprint underscores the project’s design approach to how people live, work and relax today, based around health and wellness, connectivity, work-life balance, and practical luxuries.

“The pandemic accelerated a shift in the way people live and awareness of the critical role that internal and external environments play in our physical and mental health and wellbeing," Maitland said.

“Traditional apartment living has evolved to vertical communities and urban placemaking where residents can make new social connections in various communal indoor and outdoor spaces. They also expect resort-style amenities and connectivity with their local environment."

<h2>Who:&nbsp;Second Nature Developments</h2>

<h2>What: 21 sustainable apartments and townhouses</h2>

<h2>Where:&nbsp;197-205 St Georges Road, Fitzroy North</h2>

Later this year Fitzroy North will welcome its first fossil-fuel-free apartment development with the recent approval of a boutique mixed-use building on St Georges Road.

Second Nature Developments is behind the unique project that features 21 dwellings and three retail tenancies across a part two-level, part six-level development.

<img alt="First look: Approval secured for new fossil fuel-free Fitzroy apartment development" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-05-22%20at%204.17.25%20am.png?VersionId=Ny54GyIyU8s5nV_Sb298zLnN8ptNcm5X" />

The building will sit across 197-201 and 203-205 St Georges Road, a 989 sqm block near Edinburgh Gardens.

Austin Maynard Architects are behind the designs for the new project which will have 17 apartments two and three-bedroom apartments and four double-storey townhouses to the western side of the building.

Project by Buxton Director Heath Thompson will be marketing the development.&nbsp;

<h2>Who: Wickton</h2>

<h2>What: Seven apartments above retail and offices</h2>

<h2>Where: 387-403 Malvern Road, South Yarra</h2>

Property developer <a href="/developers/wickton">Wickton</a> is continuing to move fast in Melbourne's development space.

Wickton, led by Blanco Norton and architect Will Leaf, will be taking to market their mixed-use development in the Hawksburn Village precinct, on the border of South Yarra and Prahran.

Leaf’s architecture practice <a href="/architects/ewert-leaf">Ewert Leaf</a> redesigned the plans to create seven two and three-bedroom luxury apartments above a vibrant ground floor retail with premium hospitality and retail spaces that will anchor three levels of strata offices.

<img alt="First look exclusive: Wickton look to South Yarra for latest mixed-use development" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-04-23%20at%2010.49.55%20am.png?VersionId=vAFBrjQB3nIdlo6ep0roVh2Se0zTQl6L" />

The designs were altered from the previous plans so the floorplates expanded, which meant the apartments sat above the building's large privacy screens and the adjoining buildings so both levels of apartments take in uninterrupted views across Melbourne and back to the city skyline.

Wickton is expecting to start demolition of the bottle shop and adjoining commercial building on the site later this year and start the build in early 2025.&nbsp;

<h2>Who: Sun Property Group</h2>

<h2>What: 18 apartments by Cera Stribley</h2>

<h2>Where: 226-228 Williams Road, Toorak</h2>

National apartment developer <a href="/developers/sun-property-group">Sun Property Group</a>&nbsp;(SPG) is continuing its push into Melbourne with their second project in the city's most affluent postcode.

SPG's latest development, on a double block at 226-228 Williams Road in Toorak, will comprise 18 apartments in a three-level building designed by&nbsp;<a href="/architects/cera-stribley-architects">Cera Stribley</a>. There will be a&nbsp;mix of 10 two-bedroom apartments, four three-beds, and four penthouses on offer.

<img alt="SPG" data-entity-type="file" data-entity-uuid="c4766722-ccb6-479c-af46-eea637d2389e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-06-27%20at%205.21.13%E2%80%AFPM.png?VersionId=Z8ItfTh4zF5B3dgJAmFRugfGZrTtXPVw" />

"This intersection seamlessly blends the charm of <a href="/new-apartments/toorak-vic-3142">Toorak</a>’s leafy streets, Prahran’s urban lifestyle, and South Yarra’s cosmopolitan atmosphere," Cera Stribley said in their submissions to the local council.

The new development is around&nbsp;500 metres away from SPG's debut Melbourne development, The Brookville.

<h2>Who: Ondas</h2>

<h2>What: Shoptop development with 16 apartments</h2>

<h2>Where: 3-15 Fitzroy Street, St Kilda</h2>

Billionaire tech entrepreneur Robin Khuda's development arm <a href="/developers/ondas">Ondas</a>&nbsp;will too be planning the launch of their Fitzroy St, St Kilda shoptop development after securing approval earlier this year.

Designed by <a href="/architects/warren-and-mahoney">Warren &amp; Mahony</a>, the $22 million project will encompass 16 apartments, predominantly three-bedders, above 244 sqm of commercial space and 327 sqm of retail space across the four amalgamated sites which will span 3-15 Fitzroy Street, just down the road from Fortis.

<img alt="Robin Khuda's Ondas gets greenlight for $22 million St Kilda apartment development" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-02-28%20at%201.24.37%20pm.png?VersionId=Y.yNxKuhgCRHCgsy_C5UnztOm2rmtwI_" />

In their Urban Context Report submitted to the City of Port Phillip Bay Council, Warren and Mahoney said the apartments are designed as "urban villas".

"The villas are all planned with private open spaces in mind; to host families, friends or colleagues."

The 10 hottest off the plan apartment developments coming to Melbourne in 2024 

Melbourne developer&nbsp;Wickton, in collaboration with Will Leaf's architecture firm Ewert Leaf, has prioritised a balance between aesthetics and sustainability at their Hampton apartment development, Linacre Rise.

<a href="/new-apartments/linacre-rise-hampton-8-10-linacre-road-hampton">Linacre Rise</a>, bringing 27 more apartments to <a href="/developments/hampton-vic-3188">Hampton</a>, was designed to exude openness, brightness and an elevated aesthetic that will also stand the test of time.

[smartcode_project:default project_id=95289 project_image_fid=229694]

Solar panels will be installed to reduce reliance on conventional energy sources, lower electricity bills, and decrease the building's carbon footprint.

A rainwater harvesting system will collect and store rainwater, which is then used for toilet flushing and landscape irrigation. This system conserves potable water and reduces overall water consumption.

The development will also be equipped with low-flow toilets and faucets, as well as efficient dishwashers, to minimize water usage without sacrificing performance.

Shared EV charging stations will be available to support the transition to electric vehicles by providing convenient charging options for residents.

[smartcode_project:default project_id=95289 project_image_fid=229695]

Located next to Linacre Private Hospital and within a few hundred metres of Peace Park, Sandringham Golf Club, and Sandringham Beach, Linacre Rise's location also supports convenient access to essential local amenities, encouraging residents to walk or bike.

Appointed builder <a href="/builders/balmain-co">Balmain &amp; Co</a> is anticipating a Q1 2025 completion for <a href="/new-apartments/linacre-rise-hampton-8-10-linacre-road-hampton">Linacre Rise</a>.

[smartcode_project_cta:default project_id=95289]

Linacre Rise will feature EV charging, solar panels, and rainwater tanks

The sustainability factor at Hampton's Linacre Rise apartments

A sales flurry of four sales in as many weeks has seen GALERIE, the new Glen Iris apartment development by LDS Property, approach sellout.

In a positive sign for market sentiment going into the second half of 2024, the buyers transacted quickly.

Projects by Buxton Director Heath Thompson said three of the four buyers went from enquiry to sale within a week.

"We [Melbourne] haven't had that sort of conversion timeline for what feels like a very long time," Thompson said.

[smartcode_project:default project_id=112375 project_image_fid=250362]

GALERIE has sold predominantly to downsizers, but the recent purchasers presented a different demographic in the building that is expected to welcome buyers toward the end of the year.

Only one of the four buyers was a downsizer, another an investor from Perth who bought the apartment for his daughter to live in, and two upsizers.

"It's a positive sign to see an investor come from Perth who isn't chasing a yield given his daugther will live in GALERIE," Thompson says.

"He, like more and more that are enquiring, is understanding the metrics of the supply, demand, and cost imbalance in Melbourne and is expecting compound growth over the medium to long term."

[smartcode_project:default project_id=112375 project_image_fid=250354]

<a href="/buildings/galerie-glen-iris-1538-1540-high-street-glen-iris-vic-3146">GALERIE</a>, backed by Westpac and under construction by award-winning builder&nbsp;<a href="/builders/iurada">Iurada</a>, comprises 29 two and three-bedroom apartments.

Construction has seen the main building structure nearly complete, with Iurada shifting its focus to the internal fit-out of the apartments.

[smartcode_project:default project_id=112375 project_image_fid=256710]

Each unit extends to a private terrace or courtyard, with views over the treetop in its elevated position.

GALERIE has been designed by <a href="/architects/ewert-leaf">Ewert Leaf</a> and sits in landscaping by <a href="/landscape-architect/john-patrick-landscape-architects">John Patrick Landscape Architects</a>.

The development is located near the intersection of High Street and Burke Road and is well-serviced by various transport options including the nearby <a href="/developments/glen-iris-vic-3146">Glen Iris</a> Station.

[smartcode_project_cta:default project_id=112375]

GALERIE has sold predominantly to downsizers, but the recent purchasers presented a different demographic in the building that is expected to welcome buyers toward the end of the year

Sales flurry pushes GALERIE apartments in Glen Iris to over 90 per cent sold

Boutique developer Callex Group is heading to Kew for its latest venture.

Callex is plotting a small development of just seven apartments on an already cleared 1,266 sqm site at&nbsp;9 O’Shaughnessy Street, walking distance to Kew Junction, Glenferrie Road shopping precinct and Victoria Gardens.

The proposed development includes one two-bedroom apartment and six three-bedroom apartments, along with 15 car spaces and six bicycle spaces.

The design by <a href="/architects/carr-design">Carr</a> incorporates elements from the existing built environment, using textures and tones that complement O'Shaughnessy Street and the adjacent Foley Reserve.&nbsp;

"Given the varied roof forms and architectural styles on O’Shaughnessy Street and neighbouring streets the design intentionally reads as a singular and recessive form in its massing and materiality, especially to street and the reserve to the south," Carr noted in their submission to the local council.

"Movement through textured render, hit and mix brickwork for screening devices and a layered landscaped proposal all contribute to a design sited comfortably within its context."

<img alt="9 O’Shaughnessy Street KEW DA" data-entity-type="file" data-entity-uuid="3ebe91e1-c861-49e1-b9fb-18064631590f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/O%E2%80%99Shaughnessy%20Street%20reserve%20view.png?VersionId=zLwcY64PZyZlfqEAMuxLpDNQtWKR8DeZ" />

The apartment layouts focus on connecting internal spaces with external environments, ensuring ample daylight, natural ventilation, and views.&nbsp;

Each apartment has primary views towards O'Shaughnessy Street or Foley Reserve, with dual aspects to prevent purely south-facing units.

Landscaped by <a href="/landscape-architect/acre">Acre</a>, new canopy trees will be planted around the front, side, and rear of the property to mitigate visual bulk and provide necessary screening.&nbsp;

<img alt="9 O’Shaughnessy Street KEW site" data-entity-type="file" data-entity-uuid="04500c12-e604-489b-8d4c-d58729932ec0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Kew%20Site.png?VersionId=0b.njkbiGq3_d2GX6rsO.d.MKU9wFJSu" />

The future development will sit near educational institutions including Xavier College, approximately 800 metres east, and Trinity Grammar School, about 1.1 kilometres north-east.

The <a href="/new-apartments/kew-vic-3101">Kew</a> Activity Centre, which features supermarkets and other amenities, is located approximately 850 metres north along High Street.

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