New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

[smartcode_project:default project_id=5743 project_image_fid=953]

Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

[smartcode_project:default project_id=5743 project_image_fid=925]

Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

[smartcode_project:default project_id=5743 project_image_fid=5374]

The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

Joel Robinson

The apartment price gap drawing Sydney buyers west

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>.

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

Melbourne off the plan apartments

Prominent Melbourne developer Golden Age has sold its 425-apartment project in Box Hill to Build-To-Rent specialist Local.

The pair will partner up on the $360 million, dual tower project at 517-521 Station Street Box Hill, the site of the former Whitehorse City Council car park.

With architecture and interiors by leading architecture and interiors firm Fender Katsalidis, the development sits at the heart of the suburb’s transformation area, above Golden Age’s new food, lifestyle and retail precinct known as SKY SQR. The expansive three-level podium and food precinct spans around 12,000 sqm. It has been designed by world-renowned Oval Partnership.

Residents will have access to 1,170sqm of outdoor green spaces designed by landscape architect Aspect Studios alongside a range of exclusive amenities. Residents will have access to an 80-seat co-working space, three private dining rooms, a 20m indoor pool, exercise and wellness studios, games and entertainment rooms, and pet wash and electric car share facilities.

Local Co-CEO Matt Berg said the growth in the market of Box Hill has been extraordinary, and they&nbsp;believe the location will endure through market cycles.

"We’re excited to be partnering with Jeff and his best in class team to deliver this project," Berg said.

The Box Hill development will be Local’s first BTR residential project outside Melbourne's inner-city ring. Construction will commence in Q1 2024, with residents moving in late 2025.

<img alt="Box Hill" data-entity-type="file" data-entity-uuid="bc8f05b8-4774-4469-a5d1-d9ec22ac117d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-31%20at%209.11.50%20am.png?VersionId=6TQo8yR502JGZYxc2wnaXuzKNgMaE3Os" />

With a strong local community and economy built on the back of the Eastern Health Precinct and the Box Hill Institute of TAFE, the area is positioned for incredible growth with the development of the suburban rail loop connecting key metropolitan activity centres with the outer suburbs of Melbourne.&nbsp;

Local’s Head of Capital Transactions, Chris Axsentieff, said the move shows Local’s commitment to providing much needed supply in well-connected inner to middle ring locations.

“With a growing need to deliver quality housing alongside access to education, employment and culture outside of the Melbourne CBD, Local is determined to deliver attainable projects in inner to middle ring locations so more renters can enjoy thriving suburbs like Box Hill, which are tightly held, established residential markets with amenity that appeals to a broad range of prospective residents,"&nbsp;Axsentieff said.

"We take a focused approach when considering our development sites, identifying the specific needs of an area and what value we can bring the local community.

"When we looked at Box Hill, we saw a close-knit, diverse community and strong local economy, which we want to build on. The current and future Box Hill infrastructure will continue to drive demand and is unique in Melbourne, being somewhat of a second CBD. We are excited to be partnering with Golden Age Group to create residential projects for new and existing residents to enjoy this vibrant and well-connected suburb.”

Golden Age Group Founder and Managing Director Jeff Xu said Local is the perfect partner to deliver the Build-to-Rent component of the Box Hill project.&nbsp;

“We have spent considerable time exploring and researching the right direction for this project to ensure it caters to the suburb’s ever-evolving needs. Box Hill is the perfect location for build-to-rent and we have always seen ourselves as a co-developer of Box Hill so it’s important every project aligns with the council’s strategic vision and the needs of current and future residents. Local’s commitment to community aligns closely with ours and collectively, we will deliver an unprecedented and iconic project to Box Hill, continuing to shape this vibrant suburb by providing a fresh offering.&nbsp;

“We are excited to be working with the calibre of industry professionals of Dan McLennan and Matt Berg who are distinguished leaders in their fields,” he said.

In line with Local’s ESG commitments, 37 apartments in the development are committed to impact housing. Local has successfully established a housing model delivering tangible social benefits whilst achieving commercial returns without the assistance of government support or tax concessions. It's impact housing model incorporates a minimum of 10 per cent social, affordable and specialist disability accommodation in each of its developments, to grow this to a minimum of 1,500 social and affordable homes over the next decade as part of its development pipeline target of over $5 billion.

Local Co-CEO Matt Berg said the growth in the market of Box Hill has been extraordinary, and they believe the location will endure through market cycles.



Golden Age to partner with Local on Box Hill apartment development

Builder developer Buildkomm has officially launched GENOA Residence in Moorabbin, only a few months before construction is set to conclude.

GENOA Residence comprises 33 one, two and three-bedroom apartments across a five-level, low-rise building, located in the heart of the Bayside's neighbourhoods lively retail centre.

The new development, designed by BK World, offers various apartment sizes and layouts which will likely cater to both young professionals and families. Families will be particularly interested in the project given it's just two streets away from Southmoor Primary School.

[smartcode_project:default project_id=137028 project_image_fid=226734]

&nbsp;

Each unit features a gourmet kitchen with integrated Fisher &amp; Paykel appliances, modern tapware and tiling in the bathrooms, split system heating and cooling and video intercom systems. Each apartment also has a balcony which flows from the open plan living area.

Both the Highett and Moorabbin Train Stations are within a 30-minute walk from the Genoa Street project, while there's extensive bus services on South Road and the Nepean Highway.

&nbsp;

Residents however won't have to go far for local amenity.&nbsp;GENOA Residence is ideally located a stone's throw from the local village which has a Woolworths supermarket and a number of cafes and restaurants. Southland Shopping Centre is also just a seven-minute drive.

[smartcode_project:default project_id=137028 project_image_fid=226939]

GENOA Residence is located within close proximity to the Woolworths supermarket, Moorabbin train station, local village shopping, major arterial roads, Southland Shopping Centre, and the expansive Bricker Reserve.

Residents will also be just down the road from Bricker Reserve, which has sports grounds, a&nbsp;sporting pavilion, two playgrounds,&nbsp;landscaped gardens,&nbsp;outdoor exercise equipment and an off-leash dog area.

&nbsp;

These apartments are expected to be fully completed and ready for occupancy by November of this year. Potential buyers can take advantage of the current stamp duty rules and regulations before construction completes.

[smartcode_project_cta:default project_id=137028]

The new development, designed by BK World, offers various apartment sizes and layouts which will likely cater to both young professionals and families

Staff Writer

Buildkomm launches GENOA Residence in Moorabbin ahead of Christmas completion

Sutton Street, a highly anticipated collection of 12 custom-designed residences, are set to launch in Kooyong, one of Melbourne's most prestigious suburbs.

Autron Property are behind the&nbsp;development, which has been designed in a collaboration between IMA Architects and Studio Lancini.

Family-owned and operated Krongold Construction has already started the build on the site at 6 Sutton Street. The project will comprise&nbsp;a mix of one, two and three-bedroom apartments, along with two heritage townhomes.&nbsp;

[smartcode_project:default project_id=135535 project_image_fid=206565]

Set in a leafy and secluded location, Sutton Street has been designed to reflect the natural beauty and timeless quality of the suburb, with the residences paying homage to the heritage character of Kooyong.&nbsp;

The interiors feature high-quality fixtures and fittings, including marble benchtops, limestone bathroom tiles, and Gaggenau appliances, with each boasting an abundance of natural light throughout, thanks to floor-to-ceiling glazing, along with well-appointed ensuites and bathrooms, which utilise natural materials and clean lines.&nbsp;

Sustainability was at the forefront of the design, with the development achieving a 6-Star NatHERS rating due to the double glazed windows, energy-efficient appliances and fixtures, as well as a passive solar design which contributes to minimising energy consumption and the site's carbon footprint.&nbsp;

Located in Melbourne's prestigious eastern suburbs and sharing the same postcode as Toorak, Kooyong is a hidden gem filled with amenities, opportunities, and rich history. Known for its leafy streets and tightly held real estate, this suburb is a sought-after destination for discerning buyers.

[smartcode_project:default project_id=135535 project_image_fid=206564]

At the heart of Kooyong lies the iconic Kooyong Lawn Tennis Club, a world-renowned sporting venue that has hosted numerous international tournaments over the past century.

But Kooyong is much more than just a sporting destination, with a plethora of delectable dining options, fashionable shopping destinations, and other lifestyle venues, residents of Sutton Street will enjoy a lifestyle that is second to none.

Residents will be within easy reach of a number of transport options as well, including trains and trams, providing easy access to the CBD and surrounding suburbs.&nbsp;

[smartcode_project_cta:default project_id=135535]

Autron Property are behind the development, which has been designed in a collaboration between IMA Architects and Studio Lancini

Sutton Street: Bespoke residences in the heart of Kooyong

Diversified developer Damgar Property Group has launched its latest residential apartment development Rosella, in Melbourne's south-eastern suburb&nbsp;Murrumbeena.

Rosella is a collection of 70 one, two, and three-bedroom apartments starting at $520,000.

The seven-level building, in the heart of&nbsp;Murrumbeena village, includes six commercial tenancies, a communal rooftop terrace and gardens with views of the Melbourne skyline.

Designed by Cera Stribley, Rosellas’ rough-cast concrete, dark terrazzo, and warm copper accents façade with its arched expression, reflects the fluidity of the adjacent underpasses at Hughesdale Station. The interplay of materials and tones masterfully distinguishes the ground-level podium from the tower.

Within the apartments, gracefully curved walls echo the exterior's arched expression. Each unit features a shared, open floor plan from the kitchen to the terrace.&nbsp;

Rosella's Miele-appointed kitchens are the heart of the home, featuring expansive stone surfaces, convex cupboard pulls, and gun-metal tapware.

The bathrooms are simplistic yet ultramodern with their minimalist palette, oversized wall tiles stretching from floor to ceiling, and bespoke joinery providing concealed storage solutions.

Rosella enjoys convenient access to Murrumbeena Park and playground, schools, public transportation, and cuisine restaurants.&nbsp;

Residents can reach Hughesdale Train Station in just one minute and less than half an hour from Melbourne's CBD.

The project is set for completion in September 2025.

[smartcode_project_cta:default project_id=142221]

The seven-level building includes six commercial tenancies, a communal rooftop terrace and gardens with views of the Melbourne skyline

Damgar Property Group launch Murrumbeena apartment development, Rosella

Set against the backdrop of the Yarra River, Como Terraces stands as a testament to the harmonious relationship between architecture and nature.

Developed by Cbus Property in a joint venture with Sterling Global, the unique project comprises eight intricately designed buildings that cascade down the steep topography of Como Hill in South Yarra.

Design practices Carr and TCL has effortlessly melded the project with its surroundings, born out of a deep appreciation for its once-in-a-lifetime site and a commitment to preserving the natural beauty that envelops it.

The emerging form is imbedded deep amongst lush native and exotic landscapes, enlivening the structures through a measured calmness in the process.

"Como Terraces is a project that truly responds to its site and context," said David Brooks, Associate Director at Carr.

"The site's topography presented a dramatic shift in levels, with a steep drop of 26 metres down to the Yarra River. Our challenge was to create a design that would coexist harmoniously with this unique landscape."

[smartcode_project:default project_id=112238 project_image_fid=208348]

Inspired by the site's dramatic topography, the architects conceived the idea of "central steps" – a pedestrian route that winds through the entire site. The eight buildings, presented almost like individual homes, collectively house 39 two, three, and four-bedroom apartments. Pathways meandering through native plantings connect these buildings to amenity spaces, private courtyards, and parking levels, enhancing the sense of community and connectivity within Como Terraces.

The layout of the eight buildings was planned to follow the site's natural contours, solar orientation, and viewpoints. At first glance, their placement may appear random, but it is, in fact, a deliberate response to the site's unique features.

"The lower level buildings are positioned orthogonally to the bend of the river, while the second tier of built form angles to provide unobstructed views and privacy," Brooks explained.

"This thoughtful arrangement minimises overlooking, both within the development and toward neighbouring properties."

The choice of materials plays a pivotal role in Como Terraces' integration with its natural surroundings. Textured concrete, varying in treatments and tones, helps the buildings blend seamlessly into the landscape, giving the impression that they have emerged from the hill itself.

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Luxury meets nature in the form of communal amenities and spacious residences. Private dining and lounge spaces foster a sense of community, while large balconies provide residents with breathtaking views of the Yarra River and the Melbourne CBD.

"Understanding the needs of future residents was crucial," Brooks said. "Each residence is spacious, allowing for entertaining, and the landscaping minimises any sense of compromise for those downsizing."

Como Terraces reimagines the traditional South Yarra Terrace home as a gallery-like space that affords residents stunning views upon entry. Its distinctive design approach and deep connection with nature set it apart from other developments.

The collaboration between Carr and TCL, the landscape architects, was pivotal in achieving Como Terraces' seamless integration into the natural environment. Lisa Howard, Director at TCL, emphasises the importance of preserving the site's indigenous vegetation and history.

"We wanted to nestle the built form into the steep slope of the landscape," she said. "The landscape was to be the dominant element, immersed within it and respecting the river frontage and Como Park."

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One of Como Terraces' unique features is the inverse experience it offers.

"The meandering journey element is atypical, and it's quite distinct," Brooks added. "As you explore the site, the buildings reveal themselves strategically, providing a unique and ever-changing perspective." This approach, inspired by adjacent heritage apartment buildings, adds a contemporary twist to the landscape.

Como Terraces embodies balance in every aspect. From its soft and sensitive approach to materials, earthy tones, and textures that echo the natural context, to its role as a backdrop to the surrounding landscape.

"It's all about being a backdrop to the landscape," Brooks said. "No lavish overlaying – it is about the beautiful finishes and framed views of the outside, blurring the lines. It is about the experience of calm."

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Design practices Carr and TCL has effortlessly melded the project with its surroundings, born out of a deep appreciation for its once-in-a-lifetime site and a commitment to preserving the natural beauty that envelops it

When architecture meets nature: How Como Terraces seamlessly blends into its Yarra River landscape

Geelong's first apartment launch in a number of years has gone off with a bang.

Developer DM Property Group has secured 35 per cent of sales at its new Geelong apartment development, Motif Geelong. The sales came first from a VIP launch held earlier in the month, and then a public launch a week later.

RPM Group Projects Director Nic Cuni says the sales is a testament to the collaborating between DM Property, JV partner Icon Developments, as well as the&nbsp;exceptional architectural design by Rothelowman.

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The project lent itself to a mix of buyers, which is what Cuni has seen already.

"The most prominent buyers were first home buyers, predominantly female professionals who work in the area and want the safety and securing of an apartment. They want to be in the heart of the action, going to the local restaurants and the growing lifestyle precinct. They're not wanting to leave the city to buy a house and land package outside of Geelong."

Cuni says the other biggest demographic was local downsizers.

"They're downsizing from their suburban home into an apartment which is bringing them closer to Geelong and everything the city offers."&nbsp;

Local investors, who have seen the growth in Geelong in recent years and believe there's still signifcant upside when it comes to price growth, also bought in, as did a couple of interstate investors.

Motif has 129 one and two-bedroom apartments across its five-levels.

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Motif is fossil fuel-free, and the electricity consumption is offset by significant solar paneling, making it a 7-Star NAThers-rated building.

Cuni says the location, paired with the rarity of a new apartment development in Geelong, was a major factor in the sales success.

Motif is ideally located at 1 York Street on the fringe of the CBD, just a stones throw from&nbsp;Pakington&nbsp;Street's cafes, restaurants and bars, and the Little Malop Street precinct, home to The Geelong Library and Heritage Centre, the most striking piece of architecture in town,&nbsp;while all being one street away from the water.

"This really ticks all the boxes for so many people. The location is unbeatable, so close to amenity, the beach, and just a 10-minute walk into the heart of the city. Then there's&nbsp;<a href="/architects/rothelowman" target="_blank">Rothelowman</a>, who are one of the best collaborators in the game."

DM Property was founded by property development experts&nbsp;Brendan Mullan and David Dordevic. Their first development was Early 3191, a collection of townhouses in the heart of Sandringham. That was another in which they had Rothelowman pull together the designs for the 35 townhomes.

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RPM Group Projects Director Nic Cuni says the sales is a testament to the collaborating between DM Property, JV partner Icon Developments, as well as the exceptional architectural design by Rothelowman

Motif Geelong apartment sales rocket on launch

Off the plan buyers rarely get the opportunity to take advantage of stamp duty savings on a completed apartment.

However that opportunity has presented itself at Omnia, the recently completed apartment development in Moorabbin in Melbourne's City of Kingston area.

While the 34 apartments have been completed, titles are a few weeks away from being registered, which means prospective purchasers are still subject to stamp duty concessions as if the apartment is off the plan.

Buyers can save around $28,000 on stamp duty if they buy the apartment before titles are issued, while first home buyers could save up to around $50,000.&nbsp;

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The development by Shenfield Property Group was designed by Roger Brayshaw Architect so the apartments were larger than anything on the market in the local area.

There's just one two-bedroom and one three-bedroom apartment remaining. The two-bedroom, spanning over 200 sqm with two car spaces, is asking $925,000, while the three-bedroom apartment is priced at $1.15 million.

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It's been around an 18-month build at Omnia. Construction kicked off on the project in early 2022.

Noorden Property Director David Lamond, who has been in charge of sales at Omnia since it launched, said almost all of the buyers in the project have been owner-occupiers due&nbsp;to the larger than standard floorplans on offer.

Some buyers have even bought side by side apartments and amalgamated.

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There was also a boost halfway through the marketing when the&nbsp;City of Kingston Council announced they were to expand&nbsp;the current&nbsp;Healey Street Reserve pocket park to a larger space, after recently securing 2 Horscroft Place, literally next door to Omnia.

The new green space features open lawn areas, murals, tables with seating, and extensive landscaping with canopy trees. The new design&nbsp;incorporates water-sensitive Urban design principles&nbsp;and will also see the council plant new street trees.

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The development by Shenfield Property Group was designed by Roger Brayshaw Architect so the apartments were larger than anything on the market in the local area

Final opportunities for stamp duty savings at Omnia, Moorabbin apartments

Melbourne, often lauded as the world's most liveable city by The Economist, continues to captivate with its rich culture, top-notch education, healthcare, and unmatched infrastructure.

At the heart of the vibrant city, the Shakespeare Group has recently pulled the curtain off its latest striking apartment development, St Boulevard. The completed development, situated along the iconic St Kilda Road, puts residents at the epicentre of Melbourne's charm, offering an abundance of world-class amenities within easy reach.

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St Boulevard's strategic location ensures that residents have a world of convenience at their doorstep. Whether you're an art aficionado, a parent seeking excellent education options, a food lover, or someone who relishes green spaces and cultural experiences, St Boulevard has something for everyone.

Melbourne, known as Australia's garden city, boasts an abundance of green spaces, and St Boulevard is nestled amidst some of the most celebrated ones. The Royal Botanical Gardens, Albert Park Lake, and Fawkner Park provide a serene escape for nature lovers and offer a breath of fresh air right in the heart of the city.

One of the highlights of St Boulevard's location is its proximity to Melbourne's Arts Precinct. A short stroll down St Kilda Road brings residents to the heart of this cultural hub. The National Gallery of Victoria (NGV) and the Australian Centre for Contemporary Art (ACCA) are just a stone's throw away, while&nbsp;The Shrine of Remembrance, Hamer Hall/Arts Centre and Malthouse Theatre are also just minutes away.&nbsp;

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Residents of St Boulevard will never have a dull moment, with some of Melbourne's best cultural and entertainment venues close by. These venues host acclaimed Australian and international performances, ensuring that you can enjoy world-class entertainment without the hassle of a long commute.

One of the most significant advantages of living at St Boulevard is its proximity to outstanding educational institutions. A short tram ride into the city provides access to some of the top-ranking universities in Australia, if not the world. This ensures that both young and mature learners have ample opportunities for academic growth.&nbsp;St Boulevard is close to esteemed schools like Wesley College, Melbourne Grammar, Mac.Robertson Girls’ High, Melbourne Girls Grammar, South Yarra Primary, Christ Church Grammar, and Fawkner Park Child Centre &amp; Kindergarten.

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Foodies will delight in the plethora of dining options surrounding St Boulevard. From The Press Club and The Kettle Black to Entrecote and Bistro Gitan, the culinary scene is diverse and delightful. Prahran Market, Prahran Hotel, and South Melbourne Market are culinary meccas for those who enjoy fresh produce and artisanal treats. Living at St Boulevard means you'll have the best of Melbourne's dining scene right at your doorstep.

Shopaholics will revel in the nearby retail therapy options. Melbourne Central, Emporium, and luxury boutiques like Chanel and Louis Vuitton on Collins Street offer a shopping paradise. The bustling Bourke Street Mall and fashion-forward H&amp;M are also just a short distance away.

For those who value an active lifestyle, St Boulevard provides easy access to sporting and recreational facilities. Tennis enthusiasts can enjoy Tennis World Albert Reserve and Fawkner Park Tennis Court, while golfers can tee off at the Albert Park Golf Course. Genesis Fitness also provides a modern and well-equipped gym nearby.

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The completed development, situated along the iconic St Kilda Road, puts residents at the epicentre of Melbourne's charm, offering an abundance of world-class amenities within easy reach

St Boulevard: Melbourne's premier urban oasis on St Kilda Road

The&nbsp;exclusive hotel-branded residences, Seafarers, has experienced strong buyer demand since its inception.&nbsp;

Developed by Riverlee, the $550 million Flinders Street development is nearing a sell-out, with only a handful of residences remaining in the Fender Katsalidis, Oculus, Carr and ODO-designed 19-storey tower.

The landmark development heralds a new era of luxury riverfront living, with the five-star amenity and services of the world’s leading sustainable luxury hotel, 1 Hotels, at its centre. The precinct will feature a luxurious lobby lounge bar, world-class event venue and meeting spaces, a state-of-the-art health centre, food and beverage offerings, and a 3,500 sqm landscaped haven, known as Seafarers Rest.

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Centred on an inspired reimagining of the heritage-protected Goods Shed No.5, Seafarers has brought in its fair share of downsizers, looking to capitalise on not only the project's Docklands location, but also its array of amenities, including Australia’s first 1 Hotels property.&nbsp;&nbsp;&nbsp;

That's exactly what captured the attention of frequent global traveller Martin Storm. As someone who has become well acquainted with many of the best hotel brands in the world, its the sustainable luxury offerings at 1 Hotels that keep him coming back.

“Not only is 1 Hotels a fabulous product in the market, but combining it with spacious custom apartments is the best of both worlds,” Storm said.

Storm loves the offering so much he has purchased multiple properties at Seafarers, and has even encouraged his family and friends to take up the unique residential opportunity.

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"We have enjoyed the earthy stylings of 1 Hotels overseas and love the idea of constantly experiencing this lifestyle of convenience while living in a luxurious private apartment with custom facilities," he said.

"We wanted all of our family to enjoy this extraordinary property experience with us, so we have bought extra properties for them. Friends have subsequently done the same. I can see us all being together in this lovely environment, enjoying all its services and assets, as well as the city’s offerings."

Storm and his wife live in a home further along the Yarra River, so the environment was nothing new to them, and its something they really appreciated.&nbsp;

"Not only does Seafarers offer us even better proximity to the city, but having unhampered access to the facilities of a world-class hotel means it will really embody the very best of high-end apartment living. The brilliant architecture of Nonda Katsalidis and the Fender Katsalidis team also makes it very special."

"The fact that Melbourne is the first choice for the 1 Hotels and Riverlee partnership is wonderful for our home city. Not only is 1 Hotels a fabulous product in the market, but combining it with spacious custom apartments means it transforms into the best of both worlds."

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It's not the first time Storm has experienced something like this before, with him noting the Mandarin Oriental and Four Seasons brands, but he says it's 1 Hotels eco-friendly design that sets them apart.&nbsp;

"I know that 1 Hotels operates in the same orbit. Its advantage, however, and what personally resonates with me, is its organic, eco-friendly, and design-sensitive environment. Sometimes I feel like I am entering an enchanted forest when I enter a 1 Hotels property," he said.&nbsp;

Having purchased multiple properties at Seafarers, Storm also encouraged his friends and family to do the same.

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The landmark development heralds a new era of luxury riverfront living, with the five-star amenity and services of the world’s leading sustainable luxury hotel, 1 Hotels, at its centre

Why buyers are choosing the $550m Docklands apartment development, Seafarers 

As one of Melbourne's fastest-growing suburbs, one would be mistaken to be in the heart of the CBD with the new high-rise towers being developed in Box Hill.

The suburb is going through a huge development phase, and investment and price growth go hand in hand.

The latest mixed-use tower to be built in Box Hill is Prospect Box Hill by R&amp;F Property Australia. They had Hayball design the 25-level tower of 194 apartments and commercial and retail tenancies on Prospect Street, an ideal location for residents due to its connectivity.

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Located less than 50 metres from the Box Hill train station and the 109 Tram line, commuting from Prospect to Melbourne's CBD and neighbouring suburbs has never been more convenient.

Food and shopping enthusiasts will find themselves in paradise here, as a fantastic array of Asian restaurants and grocery stores, specialty shops, and the famous Box Hill Fresh Food Marketplace are all located within Box Hill Central Shopping Centre, just a short stroll from Prospect.

Xu Dumpling, the Korean hot pot at Shabu Guksu, Bowltiful's savoury halal Lanzhou beef noodles, and bubble tea from Milk Flower are some of the highest-rated options for Asian cuisine and drinks in the shopping centre.

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Away from the busy Box Hill Central, the suburb offers charming pockets to walk around and explore, like the areas around Albion Rd and Surrey Park with their leafy, tree-lined streets and charming classic homes that harken back to a bygone era.&nbsp;

Nearby parks like Box Hill Gardens and Surrey Park also provide a refreshing escape for residents seeking respite from city life.&nbsp;

Other suburban amenities surrounding the property include Box Hill Hospital, Box Hill Library, and nearby schools.&nbsp;

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Several public and private schools are located within one kilometre from Prospect, with the nearest options including St. Francis Xavier's School, Box Hill Senior Secondary College, Kingswood College and Our Lady of Sion College.

Prospect Box Hill currently offers exclusive limited-time incentives for potential buyers who sign a contract by December 1, 2023. Buyers can take advantage of a 10 per cent discount for units below level 15, a settlement bonus, or a $3,650 rebate.

[smartcode_project_cta:default project_id=3516]

The suburb is going through a huge development phase, and investment and price growth go hand in hand

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