<a href="https://www.apartments.com.au/developers/sunland-group">Sunland Group</a> has officially lodged plans for its first Gold Coast apartment project since the departure of the Abedian family from the company three years ago, unveiling a new high-rise proposal for a prominent Broadbeach corner site on Old Burleigh Road.

The application was submitted by an entity directed by Tom Jamieson, stepson of longtime Sunland leader Soheil Abedian, and Riaz Rezvanipour, brother-in-law of Sahba Abedian, Soheil’s son.

Sunland acquired the 1,283 sqm site on the corner of Old Burleigh Road and Armrick Avenue for $9.5 million late last year and is now seeking approval for a <a href="https://www.apartments.com.au/new-apartments/99-101-old-burleigh-road-broadbeach-qld-4218">42-storey tower with 81 apartments</a>.

<img alt="First look: Sunland Group returns to Broadbeach with new Old Burleigh Road tower plans" data-entity-type="file" data-entity-uuid="fea2946d-90ee-4cfc-babe-2a8ad5db2cb6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers.png?VersionId=BV0fihJw31nDIQ8ozY_h3GbS8mxDyhnm" />

Designed by <a href="https://www.apartments.com.au/architects/contreras-earl-architecture">Contreras Earl Architecture</a>, the proposed tower at 99-101 Old Burleigh Road would deliver a predominantly larger-format apartment mix aimed at the owner-occupier market. Plans include 17 two-bedroom apartments, 55 three-bedroom apartments, and nine four-bedroom residences across 35 residential levels.

The development also incorporates three basement levels, four podium parking levels, two levels of communal recreation facilities, and rooftop plant and equipment. A total of 189 car spaces are proposed, significantly exceeding the 90 spaces required under the planning scheme.

The architecture adopts a sculpted, curvilinear form, with deep wraparound balconies and integrated landscaping intended to soften the tower’s vertical expression. The planning report states the building’s “slender footprint/form provides a complimentary yet varied built form within the local streetscape” and contributes to “a varied, yet ordered skyline.”

Contreras Earl noted in its Architectural Statement that from the early stages, the project addressed a fundamental challenge: how to accommodate the required residential yield while avoiding the conventional model of a tower sitting on a rigid, fully resolved parking podium.

“The most direct response would have been to consolidate parking into a singular, flat podium and extrude a repetitive tower above,” the statement said. “While efficient, this approach would result in a consolidated built form with limited engagement with the surrounding landscape and public realm.”

Instead, the conventional podium model was “deliberately rejected”. The architects described the base of the building as “a landscaped architectural condition where structure, planting and circulation are integrated”.

“Rather than presenting a continuous built mass, the base of the building is articulated through a series of concrete planter elements that organise the podium into a fragmented system,” the statement said. “This approach reduces the perceived bulk of the lower levels while establishing a more permeable interface with the streetscape and adjacent open space.”

<img alt="Sunland" data-entity-type="file" data-entity-uuid="923fad8d-c960-4527-8fbe-975cf1ddf88d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-25%20at%2010.32.03%E2%80%AFAM.png?VersionId=pngwb0hYOIUpq9vDw6F2EsOiVuHF3DiX" />

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The site sits within the High Density Residential Zone and inside the City of Gold Coast’s unrestricted “HX” building height area, where the planning framework anticipates intensified residential development tied to the expanding light rail corridor. The planning report notes the area is undergoing “transition toward more intense development forms” given its proximity to Broadbeach, Surfers Paradise, and high-frequency public transport infrastructure.

Positioned directly opposite Broadbeach Park and within walking distance of Florida Gardens light rail station, the development would sit among a rapidly evolving stretch of Old Burleigh Road that has become one of the Gold Coast’s most active apartment development corridors.

The application joins a growing pipeline of luxury residential projects reshaping Broadbeach, including nearby developments by 5Point Projects, Polycell, and Graya.

The planning report argues the project contributes toward the Gold Coast’s long-term housing targets under the South East Queensland Regional Plan, which forecasts the need for more than 100,000 additional high-rise dwellings across the city by 2046.

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The Abedian family departed Sunland Group in late 2023, ending a four-decade association with the company, and subsequently established the private development firm Abedian &amp; Co. The group is currently delivering <a href="https://www.apartments.com.au/new-apartments/greenmount-residences-cnr-hill-street-and-marine-parade-coolangatta-qld-4225">Greenmount Residences</a> at Rainbow Bay and recently launched <a href="https://www.apartments.com.au/new-apartments/18-mary-avenue-14-18-mary-avenue-broadbeach-qld-4218">18 Mary Avenue</a> in Broadbeach.
</section>

Joel Robinson

First look: Sunland Group returns to Broadbeach new apartment market with new Old Burleigh Road tower plans

The Minns Labor Government has established the new Bays West Delivery Authority to lead the development&nbsp;of the Bays West Precinct and Blackwattle Bay Precinct.&nbsp;

The Authority is charged with creating Sydney’s newest precinct, a thriving, connected, sustainable hub with White Bay Power Station as its cultural heart. Its vision is to build on the area’s natural, cultural and industrial history to shape a vibrant new neighbourhood.

The precinct will deliver up to 8,500 well-located homes, including a minimum of 10 per cent affordable and essential worker homes. Combine new housing with public open space, opening public access to the waterfront for the first time in more than 100 years, while retaining important deep-water facilities to support Sydney’s working harbour.

Located just minutes from the Sydney CBD and connected to a world-class metro, ferry, walking and cycling links, the Bays West precinct will rebalance housing growth towards well-serviced inner-city locations and help tackle the state’s housing crisis.

The Bays West Delivery Authority,&nbsp;an agency of the Department of Planning, Housing and Infrastructure, will report to the NSW Minister for Lands and Property who already has oversight of major precinct renewal projects including at Blackwattle Bay and Barangaroo.

As part of the broader Bays West transformation, the Minns Government recently announced that a proposal from Lendlease to redevelop part of the Bays West Precinct has progressed to Stage 2 of the NSW Government’s unsolicited proposals process.

<img alt="Sydney" data-entity-type="file" data-entity-uuid="2ed71eb9-d8e8-4fa7-b9d1-de4531dcf2f3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-25%20at%209.42.31%E2%80%AFAM.png?VersionId=IDryFIbped9SNDg72LEN_EecvhUsOPvp" />

The Minns Labor Government has also confirmed the Bays West precinct will have a new suburb name. This will be the first major suburb built in close proximity to Sydney’s CBD in decades and will encompass the area currently being referred to as Bays West, including Glebe Island and the White Bay Power Station. Served by a new Metro station just five minutes from the CBD, it will become one of the most populous suburbs in the Inner West and one of Sydney’s premier cultural destinations.

An early works program is taking shape, which&nbsp;includes the first stages of an international design competition.&nbsp;

The aim of the Bays West&nbsp;International&nbsp;Design Competition is to&nbsp;ensure design excellence is embedded in the project from the start. The competition will deliver an&nbsp;urban framework that defines the character, ambition and long-term identity of&nbsp;this&nbsp;former industrial precinct as it transitions to a vibrant, inclusive and sustainable residential&nbsp;neighbourhood.

The competition will be led by the Bays West Delivery Authority in partnership with Government Architect NSW.&nbsp;

It will launch with an invitation for a global Expressions of Interest, before moving to an invitation-only stage that will be assessed by a panel that&nbsp;will provide advice to Cabinet who will select a winner.

Premier of NSW, Chris Minns said the establishment of the new Authority is the first step in transforming the Bays West precinct into a vibrant, livable suburb minutes from the Sydney CBD and two stops from Hunter St Station on the Metro West line.

“The Authority will deliver well-located homes close to the heart of the city and integrate the new precinct with Blackwattle Bay and the new Sydney Fish Market.

“This is a generational opportunity to build a new suburb on the city’s edge and open the harbour foreshore to the public for the first time in a century.”&nbsp;

Minister for Lands and Property Steve Kamper said the new Bays West Delivery Authority established by the Minns Government will turbocharge the development of Sydney’s newest suburb.

“The Authority is working at a record pace to deliver an international design competition, planning pathways and a financial model so that this development benefits Sydney with well-designed homes in a central location, close to public transport, jobs, entertainment and essential services.

“If we want Sydney to stay liveable and affordable, we need to be bold about using underutilised government-owned land to deliver homes for the future while making sure essential working harbour functions can be accommodated.”

Bays West Delivery Authority established to "turbocharge" Sydney’s newest suburb

Around 400 additional homes could be built at Southwark Grounds on Port Road, lifting total site capacity from 1300 to around 1700 dwellings.

A recently approved code amendment would allow apartment towers of up to 14 storeys in some areas of Renewal SA’s redevelopment of the former West End Brewery.

Renewal SA Acting Chief Executive Shane Wingard said he welcomed the code amendment, with the increase in heights and homes making a positive impact on the supply of high-quality, well-connected housing close to the city.

“By going higher across some parts of Southwark Grounds, we are adding a substantial number of very well-located homes with little impact on project delivery time or planned open space,” Mr Wingard said.

Since the project officially launched in 2025, Mr Wingard said more than 12,000 enquiries had been received about living at Southwark Grounds.

“The very strong early interest we’ve seen since homes were first released in the precinct reinforces our plans to create more housing opportunities,” he said.

The Southwark Grounds code amendment was launched in December last year, with community engagement undertaken over five weeks from January.

It proposed increasing maximum building heights from eight to 14 storeys on the eastern section of Southwark Grounds, and to 12 storeys across the remainder of the site, with minimum building heights ranging from two to four storeys.

The code amendment was implemented through an Early Commencement policy in late January, allowing developers to quickly explore the viability of increased height and housing yield while other planning processes continue.

One of the first developers delivering apartment sites have already finalised redesigns to increase the number of apartments following the code amendment.

Samaras’ development adjacent to the future Colonel Light Park is now planning to deliver 125 apartments across 11 storeys, significantly greater than original plans of around 50 apartments across four storeys.

The developer is also exploring the potential for additional affordable housing outcomes.

Most of the apartments at Southwark Grounds will be delivered within a master-planned precinct on a large parcel of land on the eastern portion of the site, covering around two-thirds of its 8.4 hectares.

Wingard said detailed precinct planning over the coming months may identify further opportunities to increase yield further that could see total apartment numbers at Southwark Grounds, exceed this number.

Affordable homes at Southwark Grounds will also see a net increase, with Renewal SA maintaining its commitment to a minimum of 20 per cent affordable housing across the development.

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Civil works have begun across the site, with construction under way on the first new roads surrounding a townhouse precinct in the south‑west corner of Southwark Grounds. This includes Renewal SA’s 17 Founder’s Row homes, which are on track for completion by Christmas.

“We expect to have people living at Southwark Grounds by the end of the year, so delivering roads and public spaces for those residents is among our highest priorities.”

Construction of 40 townhouses off Anderson Street, known as West Village and being delivered by Contour, is forecast to begin in mid‑2026. Kolabb’s Anderson Lane development will follow shortly after, delivering a further 26 townhouses.

Southwark Grounds is a state government‑led urban renewal project now set to deliver around 1,700 homes over the next decade.

Homes will be supported by a supermarket, a range of retail and hospitality offerings anchored by a revitalised Walkerville Brew Tower, a childcare centre, car parking and well‑connected public spaces.

400 new homes planned for Adelaide's former West End Brewery site

Brisbane developer&nbsp;<a href="https://www.apartments.com.au/developers/cavcorp">Cavcorp</a> has lodged plans for a new mixed-use residential development at <a href="https://www.apartments.com.au/new-apartments/55-wyandra-street-teneriffe-qld-4005">55 Wyandra Street</a>, Teneriffe, anchored by an 85-metre public laneway designed to reconnect the suburb’s riverfront with the Gasworks precinct.

The buildings, known as Teneriffe House and Teneriffe Lane, would replace the existing Queensland Cotton head office site with a 15-storey residential tower transitioning to eight storeys toward Helen Street. The project has been designed by Plazibat Architects and lodged as a code assessable development application for 93 apartments across a 3,401 sqm mixed-use site within the Newstead and Teneriffe Waterfront neighbourhood plan.

Central to the scheme is the transformation of an existing service easement into a publicly accessible cross-block connection linking Wyandra and Helen Streets. Cavcorp says the new laneway will act as both a pedestrian shortcut and a landscaped civic space between the Teneriffe Riverwalk, ferry terminal, and Gasworks precinct.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="26e7f058-b065-4de8-b13d-a2b8cb64dfcc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bldg.png?VersionId=sELS0ZKYi361oYipUa1BIKfe_.DLZoFV" />

“The revised proposal delivers a legacy public-realm cross-block link, permanently secured for community use, transforming an existing private easement into a safe, high-quality pedestrian connection between the Teneriffe heritage riverwalk and the Gasworks–Long Island precinct,” the planning report states.

The laneway will sit beneath a large subtropical loggia integrated into the podium levels of the development. The design incorporates deep landscaping, water gardens, lobby spaces, business lounges, and ground-floor apartments to create what Cavcorp describes as a climate-responsive “urban verandah.”

The tower itself has been designed as a slender form with recessed floorplates and curved translucent corners inspired by contemporary Japanese architecture. The building height aligns with the Commercial Road precinct controls, which permit towers up to 15 storeys within proximity to Longland Street.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="a8a17d40-43b6-4718-b3fd-67676fcbb485" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers%202_1.png?VersionId=i3VwDtp5AmL_8InW7w4qRbDFEpb744Jt" />

The project will comprise a mix of larger-format apartments aimed at owner-occupiers, downsizers, and families. The proposed apartment mix includes 11 loggia apartments across the lower levels, 50 four-bedroom Sky-Terrace apartments from levels three to seven, and 32 Sky-Pool Homes occupying the upper tower levels. The Sky-Pool Homes will feature private thermal plunge pools integrated into oversized balconies.

According to the application, the apartments are intended to reinterpret the scale and character of Teneriffe’s woolstore conversions and Queensland homes within a vertical residential format.

“The sky-pool homes build on Cavcorp’s previous projects and introduce a distinct apartment typology to Teneriffe, informed by both local and international precedent and responding to an identified market demand for enhanced safety, space and amenity,” the planning submission notes.

A major focus of the proposal is its five-level wellness and lifestyle offering, extending from the basement through to the rooftop.

Amenities proposed include a rooftop Swim &amp; Racquet Club with a 25-metre Olympic lap pool and tennis court, coworking spaces and libraries, golf simulators, wine storage, concierge facilities, business lounges, pet wash areas, and rooftop longevity-focused wellness spaces with spas, outdoor fitness zones, and landscaped terraces.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="944b352c-49b9-4247-a4c6-5967b4b69fda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenity.png?VersionId=Ed_qKjAtMwFT.5gfl3jiA9QwdWxSMsaX" />

All parking will be concealed within basement levels accessed from Wyandra and Helen Streets. Cavcorp says the deep-basement engineering approach allows the entire ground plane to prioritise landscaping, pedestrian movement, and active frontage rather than vehicle infrastructure.

The development continues Cavcorp’s concentration in Newstead and Teneriffe, where the Brisbane developer has delivered a number of apartment projects including Lucent, Le Bain, and Luminare, as well as the Long Island Wellness Precinct nearby. Several of those projects have received national design and architecture awards, including recognition under Brisbane’s “Buildings that Breathe” program.

Cavcorp unveils wellness-focused Teneriffe House and Teneriffe Lane apartment buildings

Focus Group Investments has lodged plans for a new apartment development at <a href="https://www.apartments.com.au/new-apartments/64-70-hanover-street-fitzroy-vic-3065">64–70 Hanover Street</a> in Fitzroy, seeking to utilise the Victorian Government’s recently introduced Great Design Fast Track pathway to accelerate approvals for the project.

The proposal is among the latest developments to emerge through the state-led initiative, which was established to fast-track well-designed residential projects in activity centres and transport-connected inner-city locations. The pathway allows qualifying developments that meet elevated design and housing benchmarks to bypass traditional council planning timeframes and instead be assessed directly by the Department of Transport and Planning.

Designed by SJB, the development will comprise a mix of apartments above activated lower levels, with a strong focus on architectural articulation, landscaping, and communal amenity. The design response seeks to balance the industrial character of Richmond’s former warehouse precincts with a more contemporary residential form.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="abea51cc-d85b-479e-9aef-a589f3b37ca7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ground.png?VersionId=e1Kf8EyPWwyiVumtqQ4rM5S4GpOR3CCz" />

Proposed are 63 new dwellings, a wide ranging mix of studio, one-, two-, and three-bedroom apartments, and townhouses and duplexes. They will be spread across a part-three, part-eight storey building.

The Planning and Urban Context Report by Tract says the development is of an "exemplary architectural standard" and has been carefully crafted by SJB Architects.

"Dwellings&nbsp;will benefit from excellent access to natural light, cross-ventilation opportunities and extensive communal space," the report noted.

The architectural material highlights the project’s integration of landscaped elements and communal spaces throughout the building. The proposal also incorporates sustainability initiatives aligned with the Victorian Government’s push for higher-performing apartment developments under the fast-track program.

The Great Design Fast Track was unveiled by the Victorian Government in 2024 as part of a broader housing supply strategy aimed at accelerating the delivery of new homes. Projects assessed through the pathway must demonstrate high-quality architecture, sustainability outcomes, and housing diversity while being located close to public transport and existing infrastructure.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="afdbe834-8dc4-4a77-a943-ba07bc927348" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_11.png?VersionId=0J657j.TaChAZfp93wqJYBTqSsnREJx2" />

Focus Group, founder and led by Paul De Lutiis, is increasingly active across Melbourne’s inner suburbs, targeting well-connected urban renewal locations suited to medium and higher-density residential development. The Fitzroy proposal continues that strategy, leveraging the area’s strong transport links, established retail amenity, and proximity to the CBD.

Fitzroy has been one of the most popular spots for developers and buyers in recent years. The likes of PACE Development Group, SMA Projects, Crema Group and Chapter Group, currently selling projects in the suburb.

First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Fitzroy apartments

Melbourne off the plan apartments

Developer builder Platinum is on track to deliver Wanda Terraces, a boutique collection of oversized apartments in Caulfield North, by 2025.

Designed with owner-occupiers in mind, architecture practice Ewert Leaf ensured the inclusion of high-end finishes and a modern range of amenities that cater to residents' daily needs, convenience, and security.

This low-rise development is poised to become a sought-after destination for families and young professionals who enjoy a lifestyle of luxury and the conveniences of inner-city living in a safe, quiet suburb.

[smartcode_project:default project_id=112388 project_image_fid=208651]

Located in the quiet and safe inner suburb of Melbourne, Caulfield North, future residents will be just eight kilometres southeast of the CBD. With the tram at their doorstep and Malvern Station nearby, it takes around half an hour to commute to the CBD or explore the neighbouring suburbs. The area is known for its safety, tranquillity, and proximity to everything—good food, other great suburbs, excellent parks, and schools.

There are many great cafes, bakeries and ethnic restaurants, particularly around the Hawthorn Road, Balaclava Road junction, around 600 metres from Wanda Terraces. For more amenities, the Caulfield Village Shopping Centre is just two kilometres away, featuring grocery stores, pharmacies, hairdressers, barbers, and restaurants.

[smartcode_project:default project_id=112388 project_image_fid=208652]

Caulfield Park, a picturesque green oasis, is just a short walk from Wanda Terraces. It provides a natural extension as the residents' backyard, offering a serene escape from the urban bustle and a perfect backdrop for picnics, morning jogs, or strolls.

Caulfield Racecourse is also open to the public, providing ample space for dog owners to let their pets run inside the huge racetrack.

[smartcode_project:default project_id=112388 project_image_fid=208649]

St Kilda and Elwood Beach are only a 15-minute drive away, making it convenient for a change of scenery and perfect for sunny weekends or evening walks along the coastline.

Families with children will appreciate the presence of quality schools without having to venture far from home. Excellent public and private schools nearby include Caulfield Junior College, St Aloysius' School, Oakwood School, and De La Salle College. Monash University is within 1.5 kilometres.

[smartcode_project_cta:default project_id=112388]

This low-rise development is poised to become a sought-after destination for families and young professionals who enjoy a lifestyle of luxury and the conveniences of inner-city living in a safe, quiet suburb

Staff Writer

Wanda Terraces: Inner-city living surrounding by Caulfield North's greenery

R&amp;F Property are offering $170,000 savings on apartments in their recently completed Box Hill apartment development, Prospect.

There are also extra settlement rebates on offer, as well as a 10 per cent deposit offer.

The Prospect Street tower has been designed by Hayball to feel more like a hotel with its extensive amenities than an apartment development. The project features a swimming pool, gym, lounge, and outdoor barbecue area.

[smartcode_project:default project_id=3516 project_image_fid=208290]

The apartment designs place a focus on functionality.&nbsp;The interiors have been thoughtfully designed to maximise on comfort and utility, with spacious living areas provide room to relax and entertain, while generous storage options ensure the living spaces remain clutter-free.

The kitchens are equipped with top-of-the-line SMEG built-in appliances, featuring a rangehood, four-burner cooktop, dishwasher, and microwave.&nbsp;

[smartcode_project:default project_id=3516 project_image_fid=208280]

Box Hill is emerging as a key transportation hub, and Prospect is perfectly positioned to benefit. With convenient access to public transportation, including trains and buses, residents can easily commute to the city and surrounding suburbs.&nbsp;

Prospect is also&nbsp;ideally situated within a dual school zone, with access to Box Hill High School and Mount Albert Primary School.&nbsp;

One, two and three-bedroom apartments are still available in the project, with prices from&nbsp;$470,450.

[smartcode_project_cta:default project_id=3516]

The Prospect Street tower has been designed by Hayball to feel more like a hotel with its extensive amenities than an apartment development

alisonwarters@gmail.com

R&F offer $170k discount at Prospect Box Hill apartments

Developer LDS Property boasts one of the only projects under construction in Melbourne which is backed by one of the Big Four banks.

Their Glen Iris apartment development, GALERIE, is being financed by Westpac and is currently under construction by award-winning builder company Iurada.

[smartcode_project:default project_id=112375 project_image_fid=213649]

Projects by Buxton Director Heath Thompson,&nbsp;who is marketing the project of just 29 apartments, says the financier, and the construction clarity, are two of the biggest drivers in consumer confidence.

"We're in a fortunate position compared to other projects in market where we have one of the biggest financial backers in the country, and construction is well underway," Thompson said.

"A Big Four backing means they see LDS as low risk. They've assessed the finances around the developer and they're comfortable in financing the project. Big banks don't take risks in the current climate, which says a lot about LDS and what they're developing."

[smartcode_project:default project_id=112375 project_image_fid=213651]

The ground floor slab has been poured, and a new slab will be completed every few weeks. The team are hoping to be topped out by Christmas.

GALERIE&nbsp;secured over 40 per cent of sales before it kicked off its build. It had early success in the market from local downsizers and empty nesters who wanted to stay in the&nbsp;<a href="/buildings/accolade-1532-1536-high-street-glen-iris">Glen Iris</a>&nbsp;postcode, but hadn't found the right downsizer product.

[smartcode_project:default project_id=112375 project_image_fid=213653]

Another sign of confidence in a project is when the most expensive apartments sell. Earlier this year a buyer opted to amalgamate two of the top floor apartments to create one large apartment, spending just over $4 million and setting new suburb record.

One of the other top floor apartments was also bought by a close friend of the developer.

There's only one three-bedroom apartment remaining in the project. The two-bedrooms start from under $900,000.

Construction completion is slated for Q4 2024.

[smartcode_project_cta:default project_id=112375]

Projects by Buxton Director Heath Thompson, who is marketing the project of just 29 apartments, says the financier, and the construction clarity, are two of the biggest drivers in consumer confidence

Big Four-backed, under construction: How LDS Property have de-risked GALERIE apartments in Glen Iris

Welcome back to another apartment tour!

We've recently dived into the heart of Southbank, Melbourne, to discover Salvo's recently completed apartment development, Stature.

Stature, at 119 Clarendon Street, offers a near-perfect walk score for its residents. A mere three-minute stroll will lead you to the vibrant South Melbourne Markets and South Wharf, where a world of culinary delights and shopping adventures await. Cross the river, and you'll find the entire city at your fingertips, thanks to the free tram service that grants you access to Melbourne's treasures. With direct on-ramp access, the freedom to explore greater Melbourne is unlimited.

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[smartcode_project_cta:default project_id=24683]

We looked around one of the&nbsp;larger of the two three-bedroom configurations available, stretching over a generous 150 sqm.

This property offers a competitive price point for the area, coupled with a timeless interior fit-out that exudes understated luxury. One can't help but admire the exposed concrete ceilings, complemented by gunmetal track lighting, and the warming touch of matte timber flooring.

The generously-sized kitchen features a full suite of top-quality integrated appliances and a convenient island bench. Natural light bathes the space, a privilege of living at this elevation. The bay views, another remarkable feature, are here to stay, as planning restrictions in this area limit neighboring buildings to a maximum of nine levels, ensuring the longevity of your breathtaking vistas.

[smartcode_project:default project_id=24683 project_image_fid=218538]

The bathrooms are elegantly minimalist, showcasing frameless shower glass, full-height vanity storage, concealed cisterns, and large-format tiling. In the bedrooms, plush carpeting, operable windows for ventilation, and floor-to-ceiling drapes create a serene and inviting atmosphere.

What truly sets Stature apart are its amenities. It's a rare find to have 1000 sqm of communal spaces for just 170 apartments, but Stature defies convention. The opulent common areas are divided across two levels. On Level 12, you'll discover a swimming pool, a state-of-the-art gym, an expansive outdoor area, and a resident's lounge - all perfect for relaxation and socializing.

[smartcode_project:default project_id=24683 project_image_fid=78635]

On Level 34, two open-air but sheltered terraces await, alongside two additional entertaining spaces and even a dedicated podcasting room for those seeking a creative escape.

For the past two decades, Salvo Property Group has been a key player in the Southbank precinct, delivering over 3000 apartments with a combined value exceeding $1.5 billion. Their commitment to creating landmark projects has earned them a stellar reputation as a trusted developer in the industry.

[smartcode_project_cta:default project_id=24683]

Stature, at 119 Clarendon Street, offers a near-perfect walk score for its residents

Inside Salvo's newly completed Southbank apartment development, Stature: Urban Video Tour

Ryrie Home is the most development from developer Franzé Developments.

The mixed-use development, which saw off the plan buyers move in earlier this year, delivered Geelong’s first major hotel and apartment project in two decades.

The Ryrie Home development was a hit throughout its off the plan marketing. Now there's just a handful of apartments left, which are selling for considerably more than what buyers paid a few years ago given Geelong's significant growth.

We've wrapped up the top five reasons why buyers have swooped on Ryrie Home.

<h2>1. Created by the proven&nbsp;Franzé Developments</h2>

Franzé Developments has proven track record in developing, managing and delivering projects across every segment of the property market with residential projects like Nero, The Alexandra and Brunswick establishing prestige in this field.

[smartcode_project:default project_id=5559 project_image_fid=219671]

Demonstrating their strength and commitment they recently purchased a prestigious Chapel Street site valued at $55 million with plans for a mixed-use development in the works.

<h2>2. Designed by Award Winning Australian firm Architectus</h2>

Architectus&nbsp;are a top-tier Australian architecture and design studio specialising in commercial, education, interiors, public, residential, transport, urban design and planning.

They take an insightful and human-centric design approach&nbsp;combined with a collaborative ethos to create unique places that are exemplars of elegance, function and sustainability.

Architectus create projects that are sensitive to a changing climate, responsive to technological developments, and built to contribute to healthy and happy communities for generations to come as can be seen in Ryrie Home.

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When we asked about where they drew inspiration for Ryrie Home, Principal Architect Oliver Mayger told us, "Geelong is a city with a rich heritage of prominent buildings that mark the corner of intersections and are recognisable meeting points. These buildings define the structure of the central city grid and are typically characterised with increased height, a chamfered corner to the building mass and a canopy at street level."

"The repurposing of this site is another example of Geelong’s transition from a primarily agricultural and manufacturing base to a centre for services and innovation. The site’s vision is to embrace and support this new direction whilst celebrating what Geelong was built on."

<h2>3. Prime Location in the heart of Geelong</h2>

Geelong is well-known and much loved for its big city feel, without the congestion. Affectionately called G-Town, everything is within easy reach, so you can spend more time doing the things you love, be it sports, shopping, or exploring the cafés and diverse eateries.

Situated at 44&nbsp;Ryrie Street,&nbsp;Ryrie&nbsp;Home holds a prime position in the center of Geelong a short walk from the acclaimed Geelong Gallery.

Placed on a main thoroughfare the development is 5 minute walk from shopping centres,&nbsp;boutiques and a number of dining establishment.

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Slightly beyond those is a Cinema and the MoPa Museum. And further afield&nbsp;are acclaimed dining institutions like&nbsp;Restaurant IGNI and the&nbsp;Empire Grill

Try taking the bike for a ride along the Geelong waterfront and experience the beaches and Royal Geelong Yacht Club, or enjoy an evening out by the water at bars like the Sailors Rest or Edge Geelong.

<h2>4. Enjoy the view and walking appeal</h2>

The project features exposed concrete ceilings and floor-to-ceiling windows, merging a minimalist aesthetic with a sense of modern luxury in the bayside location.

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Every&nbsp;home in the development features&nbsp;a private balcony where you can enjoy the panoramic bay views and alfresco dining year-round.

Ryrie Home features a&nbsp;new public connection through the&nbsp;site from&nbsp;Ryrie Street&nbsp;to Cuzens Place, driving a&nbsp;built form response and allowing Architectus&nbsp;to activate these resulting laneways and edges with commercial retail and F&amp;B spaces as well as the hotel and residential lobbies. &nbsp;

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<h2>5. The Design Details, Façade&nbsp;and Material Choices</h2>

The material choices and façade articulation are a nod to the strength and robustness that define Geelong’s character and its legacy of craftsmanship and quality.&nbsp;An authoritative and restrained grid is articulated on every façade in various but consistent compositional forms.

Ryrie&nbsp;Home has drawn upon the history of Geelong and its architectural vernacular. The robust materiality and strong compositional order of the brick woolstore are defining markers of the city character and are considered through our podium scale and design. &nbsp;

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Designed by Architectus, Ryrie Home will deliver a landmark Holiday Inn tower, 16 luxury apartments at Ryrie Residences, and a separate 11-storey tower, Ryrie Home

Alison Warters 1

Five reasons why buyers are snapping up the completed Geelong apartments, Ryrie Home

Melbourne developer&nbsp;R&amp;F Property Australia set out to merge Footscray's rich industrial history with a refined and sophisticated contemporary edge at their redevelopment of the old Kinnears Ropeworks site on Ballarat Road.

They're on track to complete one of the more boutique residential buildings on the historic site, Millhouse Residences, next year.

Architecture firm Hayball has designed the 95-apartment Millhouse Residences to be a visually striking and tactile building, inviting residents to interact with its materials and establish a deep connection with the site.&nbsp;

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The development offers a diverse range of living arrangements,&nbsp;each with their own distinctive character, style, and configuration. There's configurations from one-bedroom apartments to three-bedroom terraces.

One of the standout features of Millhouse Residence is its rooftop garden and co-working areas, providing residents with spaces to relax and collaborate.

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The Kinnears Ropeworks, once a bustling industrial complex, played an integral role in the lives of local families for four generations. The historical site, now under redevelopment, holds a special place in the hearts of Footscray's residents.

At its core, Kinnears Ropeworks stands as a symbol of early twentieth-century construction, characterised by exposed red brick walls and visible steel girders.Its industrial charm is a testament to the craftsmanship of a bygone era.&nbsp; Millhouse Residence aims to preserve and enhance these unique features to create a one-of-a-kind urban precinct.

R&amp;F are already well advanced in developing the precinct into a community of&nbsp;laneways lined with retail spaces, eateries, and tranquil garden nooks. In 2019 they completed Live City, a 208-apartment tower, on the site.

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Architecture firm Hayball has designed the 95-apartment Millhouse Residences to be a visually striking and tactile building

Millhouse Residences: Blending history and contemporary in Footscray

Property advisory firm Charter Keck Cramer believes the price gap between house and units in Melbourne to narrow once again having blown out over COVID.

In&nbsp;their&nbsp;State of the Market Report H1 2023, Charter Keck Cramer said Melbourne is not experiencing normal housing market conditions.

"This means that there will continue to be extraordinary price and rent changes with more unique levels of risk and opportunity compared to historical patterns," CKC advised.

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They noted that pre-COVID, the long-term price gap between houses and units was 34 per cent, however the median house price in June 2023 was $919,000 for houses compared to $601,000 for units. That's a gap of 53 per cent, which CKC said was "extremely large."

They believe, given&nbsp;rate rises and diminished purchasing capacity for buyers, that additional buyer demand will be driven into the unit market which stands to support price growth and overall apartment price recalibration in new apartments in many locations in Melbourne.

They also expect rental price growth to be around for some time yet, which will attract investors.

"Given the current supply vs demand imbalance, it is reasonable to expect elevated rental growth in the rental market over the next three to four years," the report noted.

"Vacancy rates are anticipated to remain very low given the shortage of supply of dwellings which are struggling to be mobilised combined with the substantial increase in demand for dwellings. Renters are once again having to make lifestyle choices about the types of dwellings (houses, townhouse or apartments) they occupy. They are also starting to group up (to share the rent) which was a pre-pandemic trend which is anticipated to continue in the absence of the delivery of new rental stock."

Vacancy rates across all housing markets in Melbourne are less than three per cent.

Addressing the well documented supply vs demand imbalance, CKC's analysis showed only 4,400 apartments were launched to the market in FY23, which represented the lowest number of launches recorded over the past decade and -82 per cent below the peak levels in FY16. Constructed start on 4,600 apartments in FY23, which was also the lowest number of apartment commencements in the past decade.

<img alt="Melbourne BTS" data-entity-type="file" data-entity-uuid="1a64c7f3-662e-40e4-ab06-c0ffcd12b1aa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-09-11%20at%202.57.04%20pm.png?VersionId=cgmtdp_ruOFoyKBiKlPQg.Tmkz8GqYDJ" />

Completions in Melbourne Metro were also below trends for a second consecutive year.

"As the market continues to suffer from the lagged impact of COVID, less than 10,000 apartments have been delivered, a decline of -40 per cent compared to the pre-pandemic years."

There are just 10,000 apartments currently under construction and due for completion in FY24 to FY26.&nbsp;CKC believe&nbsp;Melbourne needs&nbsp;to build between 15,000 to 18,000 BTS and BTR apartments every year to accommodate the growing population. They also however believe the government is "substantially underestimating population growth."

"This misalignment between supply and demand is anticipated to remain an ongoing issue, and depending on the responses by Government, could potentially be exacerbated over the balance of the decade."

There's a further 9,200 apartments currently being marketed on top of the 10,000 under construction, but CKC suspect a significant proportion of these projects are likely to be delayed given elevated construction costs and a challenging pre-sale environment.

"We continue to expect Melbourne’s apartment market to remain severely under-supplied as high levels of net overseas migration (NOM) absorb new stock that is able to be mobilised."

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CKC believe there are opportunities for developers&nbsp;those developers that are able to proceed with construction at present.

"It is very clear that the buyer and renter markets are seeking new stock but also certainty with respect to both costs and timing. These developers will be delivering completed stock into a market with a shortage of new BTS and BTR apartment supply over the next 2 years and will have the opportunity to be rewarded when providing desirable stock."

CKC are looking ahead to what is anticipated to be some major planning system announcements this month through the State Government’s Housing Statement.

"In summary, it is very reasonable for industry to expect that over the next two years, weekly rents will continue to increase at above average levels of growth and prices of new BTS apartments will recalibrate upwards across most markets. Once the market finds a new equilibrium we anticipate that both rent and price changes will revert to longer-term trends."

In their State of the Market Report H1 2023, Charter Keck Cramer said Melbourne is not experiencing normal housing market conditions

"New Melbourne apartments will recalibrate upwards across most markets": Charter Keck Cramer State of the Market Report

ASX-listed community developer AVJennings has reached a significant milestone at its <a href="/developments/williamstown-vic-3016">Williamstown</a> community, Waterline Place.

They've topped out Merchant Apartments, their final apartment building in the 2.7-hectare masterplan. The seven-level building will be the last apartment building of its height in the City of Hobsons Bay.

Over 70 stakeholders including AVJennings CEO Phil Kearns and staff, principals from prominent architecture firm Elenberg Fraser who designed Merchant Apartments, town planners, and other key consultants and suppliers gathered atop the building to commemorate the achievement.&nbsp;

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"The completion of the building is a significant milestone for the flagship community as it is the last apartment building in the precinct and the last of its height in the City of Hobsons Bay,"&nbsp;AVJennings Chief Executive Officer Phil Kearns said.

"The Merchant apartment topping out is a proud moment for AVJennings and represents an important achievement in the delivery of the Waterline Place community.”

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The Elenberg Fraser-designed building was designed to represent the site's industrial past. It has 127 apartments, with prices starting from $550,000.

Earlier this year two adjoining penthouses were sold to the same buyer for a combined&nbsp;$4 million plus, <a href="/news/vic/avjennings-set-williamstown-apartment-record-at-merchant-apartments-waterline-place-community">setting the Williamstown apartment record</a>.

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The buyer intends on amalgamating the apartments to create a 309 sqm spread with&nbsp;dual aspect views of both Hobsons Bay and the city.

AVJennings kicked off development at Waterline Place seven years ago.&nbsp;When complete, the Waterline Place community will home over 520 residences with a mix of one, two and three-bedroom apartments and executive style three-bedroom townhomes – all conveniently located close to cafes, local shopping, reserves, the beach and 12km from the Melbourne CBD.&nbsp;

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The seven-level building will be the last apartment building of its height in the City of Hobsons Bay

AVJennings top out Merchant Apartments, Williamstown apartment development

Melbourne's ever-evolving skyline is set to welcome a new addition, as Samuel Property's Louise development continues its steady ascent towards completion.

Renowned builder Hamilton Marino are currently construction the 16-level project on Louise Street, just off St Kilda Road. They're expecting a two-year build, with completion coming toward the back end of 2025.

Over 70 per cent of the apartments have already been snapped up in the Cera Stribley-designed building. Downsizers have made up a majority of the buyers so far, with many seeking&nbsp;the convenience of a lock-and-leave lifestyle that the apartments offer.&nbsp;

[smartcode_project:default project_id=112174 project_image_fid=199592]

Louise will comprise 88 apartments, a mix of one, two, three, and four-bedroom residences.

The initial number of apartments set to be delivered has been slightly adjusted as&nbsp;a result of many buyers choosing to amalgamate multiple floor plans, creating unique spaces tailored to their individual preferences.

Located on the corner of Louise Street and Queens Lane, Louise is a testament to modern architectural design while paying homage to the city's rich art deco heritage. Cera Stribley's aim was to have Louise blend seamlessly into its surroundings. In keeping with its surroundings on St Kilda Road, Louise's architectural palette is a harmonious blend of red brick and white terrazzo, complemented by lush greenery.

[smartcode_project:default project_id=112174 project_image_fid=199600]

The tower's design is a nod to the nearby Albert Park Sailing Club, with projecting eaves fanning out as the building ascends, creating a visually stunning and organic effect. The tower's concrete and glass skeletal exterior is a study in symmetry and balance, with a vertical seam running the entire length of the structure, providing a distinctive character to the development.

Blair Property Group's Darren Blair, who is marketing Louise, says getting the construction underway is a major sign of confidence in today's off the plan environment.

"While construction commencement is a major milestone in the off the plan market and it gives people confidence the building is going ahead, it also helps those who want and need a more firm completion timeline so they can get their other affairs in order."

&nbsp;

[smartcode_project_cta:default project_id=112174]

Over 70 per cent of the apartments have already been snapped up in the Cera Stribley-designed building

Hamilton Marino begin construction on Louise Melbourne apartment development

The Albertine, one of Mirvac's latest residential developments, is set to take centre stage above not one, but two of Melbourne's best parklands.

The 15-level Queens Lane building, which launched to the market last month, will take in views of Albert Park to the west, while Fawkner Park is just 100 metres from The Albertine front door.

The Albertine will take up a prime position on the fringe of Melbourne, offering the tranquility of the neighbouring parklands while also being in the vibrant St Kilda Road precinct which offers both convenient amenity and connectivity to the heart of the city.

Mirvac snapped up the prime 2,323 sqm site in mid-2022, with the driving force behind the purchase being the unbeatable location.&nbsp;

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There are just 98 one, two, three and four-bedroom apartments on offer in the all electric building, as well as extensive amenity in the form of The Circadian Club, which features&nbsp;an&nbsp;indoor pool and spa, state-of-the-art gym, yoga and pilates studio and sauna, and the&nbsp;Elysian Room, which will home a residents exclusive dining space with sweeping views across Melbourne.

Future residents won't have to look far for activities outside The Albertine. On the doorstep is the 225-hectare Albert Park, home to the Australian Grand Prix. The park is littered with picnic areas, playgrounds, communal barbecues, and walking and bicycle trails, the main route circling the lake.

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Adjoining the park there's the internationally recognised Melbourne Sports &amp; Aquatic Centre, Lakeside Stadium, home of Athletics Australia, the historic Junction Oval, and the Albert Park Public Golf Course and driving range, all located on the opposite site of the lake to The Albertine. There's various bowls clubs, tennis clubs, cricket ovals and soccer and rugby fields scattered across the vast expanse of parklands.

Some of Melbourne's most iconic venues are within easy reach of The Albertine. Think the MCG and Rod Laver Arena, Melbourne Museum, and the National Gallery Victoria.

Shopping options surrounding The Albertine are too abundant. There's the local shopping villages of Bridport Street in Albert Park, Clarendon and Coventry Street in South Melbourne and High Street Armadale. Popular with foodies, the South Melbourne &amp; Prahran Markets are within easy reach. And for high fashion, easily venture into Chapel Street South Yarra, the CBD for Collins Street Boutiques, Emporium Melbourne and more.

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Transport links are always the key when it comes to buying into an off the plan development. There's extensive connectivity by either car or tram from St Kilda Road, while the future ANZAC Station is set to be developed not far from the Queens Lane address. There's further bus links on Commercial Road, around one kilometre away.

Families will also find The Albertine an attractive choice due in part to the project's close proximity to a range of esteemed schools, including Christ Church Grammar, Melbourne Girls Grammar, Melbourne Grammar School, Port Melbourne Secondary College. The RMIT University, The University of Melbourne, and Wesley Colleges are also within proximity.&nbsp;

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The Albertine will take up a prime position on the fringe of Melbourne, offering the tranquility of the neighbouring parklands while also being in the vibrant St Kilda Road precinct which offers both convenient amenity and connectivity to the heart of the city

Melbourne off the plan apartments

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