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

Melbourne's coveted suburb of Ivanhoe East has welcomed it's latest new residential collection, with JWLand finishing up construction at The Grounds of Ivanhoe.

The Grounds of Ivanhoe, a collection of apartments across three buildings and a number of townhomes at 173 The Boulevard, was designed to take in nature, with more than 15,000 sqm of land dedicated to gardens and public spaces.

JWLand’s Project Marketing Manager Nick Babic says&nbsp;it will really hit home what they’ve produced as the landscaping starts to come to life.

“The landscaping is one of the major drivers for this project," Babic says.

"Most of the residents will be downsizers from the local area, who have been accustomed to large gardens.

"When forming the masterplan for The Grounds, we focused on creating this landscaped environment where residents are still connected to nature, without having to maintain their own gardens.”

[smartcode_project:default project_id=5806 project_image_fid=210854]

The architects behind The Grounds have scaled the townhomes to harmonise with the lush green surroundings, with careful landscaping, featuring a profusion of native and exotic plantings, enveloping the architecture.

Inside, the interiors of the townhomes have been designed to offer spaciousness and sophisticated elegance. The generous use of engineered timber floating flooring, along with natural white walls, creates a warm and light-filled canvas.

Windows that seemingly disappear into the ceiling not only maximise natural light but also offer views, blending the indoors with the outdoors.

The attention to detail extends to the carefully selected features and finishes that adorn each townhome. Premium SMEG kitchen appliances await culinary enthusiasts, while a Vintec 50 bottle wine fridge adds a touch of luxury.

[smartcode_project:default project_id=5806 project_image_fid=201411]

The bedrooms are adorned with plush wool carpets, while the bathrooms boast seamless floor-to-ceiling tiling. The ensuite offers an added touch of indulgence with heated under tile flooring, ensuring your comfort during colder months.

Location-wise, The Grounds couldn't be more ideal. Situated just 1.3 kilometres away from Ivanhoe Station, commuting to Melbourne's CBD is a breeze, taking only 15 minutes by car. But despite its close proximity to the city, Ivanhoe East remains a tranquil oasis characterised by parklands, waterways, and hilly vistas.

The suburb follows the meandering course of the Yarra River and is flanked by vast expanses of greenery, including bushland reserves and sports fields.

Two and three-bedroom floorplans are still available in The Grounds, with prices from&nbsp;$995,000.&nbsp;

[smartcode_project_cta:default project_id=5806]

The Grounds of Ivanhoe was designed to take in nature, with more than 15,000 sqm of land dedicated to gardens and public spaces.



alisonwarters@gmail.com

Residents soon to move in to The Grounds, Ivanhoe East

Mirvac's coveted Voyager residences are generating significant buzz as limited opportunities remain to secure a place in the development.

Nestled in the prestigious Yarra's Edge precinct, Voyager offers contemporary interiors, exceptional amenities, and a prime location just 2.4 kilometres from Melbourne's CBD.

With sweeping views across the Melbourne skyline and Port Phillip Bay, Voyager presents a range of exclusive living options, with only a few two-bedroom apartments and three-bedroom townhomes remaining.

[smartcode_project:default project_id=3494 project_image_fid=213139]

Voyager residents, Rebecca and Alastair, had lived in Australia for 10 years when they decided it was time to finally set roots in the country. They purchased an apartment on floor 31 of Voyager, highlighting the panoramic views as a major drawcard in their decision.&nbsp;

“The rooftop is just amazing. The views are spectacular, when I first went up there I cried, it was that amazing,” Rebecca said.&nbsp;

“It’s got so many amenities, there’s a yoga lawn, little seating areas.”

[smartcode_project:default project_id=3494 project_image_fid=213134]

The level 43 Resident Skydeck&nbsp;features a dining room with a chef's kitchen and a cinema room. There's further amenity in the lobby, where there's a concierge, an art gallery, and a lounge room with a fireplace.

Alastair said moving to Voyager has felt like a sea change.

"We’ve got floor to ceiling light that comes in first thing in the morning, and then being able to watch the sunset through the windows at night, it’s amazing.”&nbsp;

[smartcode_project:default project_id=3494 project_image_fid=213143]

In addition to these amenities, Voyager residents enjoy access to the Wharf Club, a pool, and gym facility located just a short stroll from the lobby entrance.

Beyond the confines of Voyager, the award-winning Yarra's Edge precinct awaits. Lush established parklands, playgrounds, waterfront boardwalks, and cycling paths create an environment perfect for relaxation and outdoor activities.

Health and wellness centres, retail outlets, dining options, and the nearby Marina YE further enhance the convenience and desirability of the location.

The remaining two-bedroom, two-bathroom apartments are priced from $885,000 with a car space. The three-bedroom, three-bathroom townhomes, which have two car spaces, start from $1,515,000.&nbsp;

[smartcode_project_cta:default project_id=3494]

How Voyager feels like a sea change: Remaining apartments at Mirvac's Voyager at Yarra's Edge

Nestled on the doorstep of the Botanic Gardens and just a stone's throw away from the city centre, Virgate Property Group's Domain House's Capital Collection delivers a ready-to-move-in option to South Melbourne, with the residences boasting views of Southbank, the CBD, Port Phillip Bay, and Albert Park Lake.

One of the standout features of the Capital Collection is its proximity to the future Anzac Train Station, which will be just 260 metres away from the Bank Street project.&nbsp;

Domain House also provides easy access to St Kilda Rd and Kings Way, where residents can explore the city's vibrant cultural and entertainment offerings.

[smartcode_project:default project_id=753 project_image_fid=73027]

The convenient access to public transportation ensures that residents can effortlessly connect with the rest of Melbourne, making commuting a breeze.

And being just minutes away from Melbourne's most prestigious and elite private schools bodes well with families with children who appreciate the convenience and accessibility of the world-class educational institutions.

Upon entering Domain House, residents are greeted by a Japanese-inspired garden and a stylish lobby.

There's also a residents' lounge, complete with a fireplace, along with a private dining room, yoga and wellness room and sky terrace, which offers a backdrop of city views.

Sustainability is also at the forefront of the development, with the Capital Collection boasting a 6.5 Star Energy Rating.&nbsp;

[smartcode_project:default project_id=753 project_image_fid=71884]

A mix of one, two and three-bedroom apartments are still remaining in the development, with prices for a one-bedroom home starting from&nbsp;$515,000.&nbsp;

The two-bedders are priced from&nbsp;$680,000, while a two-bedroom apartment with a car space is priced from&nbsp;$725,000.&nbsp;

The three-bedroom, two-bathroom, two car space apartments start from $1,285,000.

[smartcode_project_cta:default project_id=753]

Domain House also provides easy access to St Kilda Rd and Kings Way, where residents can explore the city's vibrant cultural and entertainment offerings.

Domain House delivers ready-to-move-in option to South Melbourne

R&amp;F Property are offering buyers a suite of white goods to attract buyers to its completed Box Hill apartment development, Prospect.

Buyers of any of the one, two and three-bedrooms before the end of the financial year can score a complimentary fridge, washing machine, or even a new TV.

[smartcode_project:default project_id=3516 project_image_fid=208280]

Completed in September 2022, Prospect is located in the heart of Box Hill's vibrant community.

Residents live the foot of the future transportation hub planned for Box Hill, which will enhance connectivity and make Prospect an enticing choice for a range of buyers, from young professionals, to families.

The dual school zone address of Prospect has been a driving force behind family-occupiers, with the project encompassing educational institutions such as Box Hill High School and Mount Albert Primary School.

Inside Prospect, the apartment interiors have been thoughtfully designed to maximise comfort and functionality.

Spacious living areas are coupled with generous storage, while high-quality SMEG built-in appliances, including a rangehood, four-burner cooktop, dishwasher and microwave don the kitchens.&nbsp;

[smartcode_project:default project_id=3516 project_image_fid=208287]

Prospect also boasts an array of residential amenity, including a heated pool, gym, sauna, lounge area and barbecue facilities.&nbsp;

A&nbsp;57.5 sqm one-bedroom apartment is priced from&nbsp;$419,040 in Prospect, while the slightly more spacious one-bed plus study apartments begin from&nbsp;$426,897.&nbsp;

The two-bedroom apartments span from 79 sqm through to 96 sqm, with prices beginning from&nbsp;$582,731, while the three-bedroom plus study apartments are being marketed at $1,126,000.

[smartcode_project_cta:default project_id=3516]

Completed in September 2022, Prospect is located in the heart of Box Hill's vibrant community

End of financial year developer incentives on offer at Prospect, Box Hill apartments

Growland Group are looking to tap into the investor market at their Southbank development, Marco.&nbsp;

For a limited time only, the developer is providing a rental guarantee of up to five per cent for the first 12 months of ownership to lure investors.

Located in the vibrant Southbank precinct, Marco presents a unique fusion of urban convenience and luxurious living, with an array of world-class amenities and proximity to key attractions.

[smartcode_project:default project_id=257 project_image_fid=26681]

One of the standout features of Marco is its unparalleled location. Situated just a stone's throw away from the Southbank retail and dining precinct, residents will have an extensive selection of culinary delights and shopping options at their doorstep.

The renowned NGV (National Gallery of Victoria) and the Arts Centre Melbourne are also within easy reach from Marco.&nbsp;

The convenience of Marco Melbourne extends beyond its immediate surroundings. A quick drive will take residents to the bustling CBD, along with Port Phillip Bay which is also in close proximity.

Within Marco, investors and tenants will be greeted with a wealth of amenities, including a pool, a private cinema room, state-of-the-art gym and a residents lounge.

[smartcode_project:default project_id=257 project_image_fid=26682]

The two-tower development comprises a total of 432 apartments across the 36-level east tower and 40-level west tower.

The apartments themselves feature premium Smeg and Miele appliances, with select units boasting marble kitchen benchtops and integrated fridges and washing machines.&nbsp;

There's only one and two-bedroom apartments remaining in Marco, with prices from&nbsp;$390,000.

[smartcode_project_cta:default project_id=257]

Growland offer investor rental guarantee at Marco, Southbank apartments

The sculptural masterpiece STH BNK By Beulah is set to become Australia’s first five-minute vertical city, providing residents with a plethora of everyday essentials and world-class offerings within walking distance.

The vertically integrated city within a city will offer over 100 shops spanning retail, everyday essentials, food and dining (inclusive of a fresh food market), a comprehensive wellness precinct, a childcare centre, extensive green spaces including rooftop gardens and eight pocket parks dotted throughout, an innovative cultural centre in partnership with Centre Pompidou, over 50,000 sqm of commercial office space, in addition to a diverse residential offering.

Beulah's five-minute vertical city is substantially lower than the 15-minute benchmark set by planning models across the world, which was first introduced by French-Colombian scientist Carlos Moreno in 2016.

[smartcode_project:default project_id=8804 project_image_fid=194914]

In 2019, the Victorian Government launched a 20-minute neighbourhoods pilot program, following research that 20 minutes is the maximum time that people are willing to walk to meet their daily needs locally.

There is also evidence that active, walkable places produce a wealth of health, social, economic and environmental benefits.

At the helm of the globally collaborative project is Beulah Executive Director Adelene Teh, who says STH BNK offer residents a cosmopolitan lifestyle that prioritises not just health and wellness, but ultimate convenience in the heart of Melbourne.

“Evidence suggests that active, walkable places produce not only health and environmental benefits, but social and economic too. STH BNK By Beulah is redefining what can be made possible by exploring true vertical living."

"By providing a mini metropolis that truly has everything within walking distance, individuals can spend more time on what matters most, as opposed to travelling or commuting.”

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The State Government’s program outlines six key focus areas, with STH BNK By Beulah covering all six areas and more, to create a thriving mini-metropolis in the heart of Melbourne.

The first hallmark is being safe, accessible and well connected for pedestrians and cyclists to optimise active transport. STH BNK By Beulah achieves this via safe cycling networks, walkability and the STH BNK Auto Club: a fleet of 50 cars for residents to book via a car-share subscription. STH BNK By Beulah also provides services and destinations that support local living via childcare and play spaces, co-working spaces and art and culture offerings via a global partnership with Centre Pompidou.

Open spaces are addressed via local playgrounds, rooftop gardens, pocket parks and sport and recreational facilities, including exercise equipment and meditation zones, while urban farms, an outdoor cinema, cooking and dining facilities allow for improved wellbeing as a result of increased connection time.

Other hallmarks the project meets include delivering housing at density, including housing diversity across multiple sizes and price points, as well as facilitating access to quality public transport, with an abundance of trams, trains and buses within reach.

The thriving economy hallmark takes shape in the form of a world-class retail precinct, fresh food market, world-class entertainment and a global hotel.

[smartcode_project:default project_id=8804 project_image_fid=214050]

According to the government’s pilot program, if 50 per cent of short private vehicle trips were instead made walking, it would save the Victorian economy approximately $165 million a year in congestion, health, infrastructure and environmental costs. This projection indicates the benefits yet to come with STH BNK’s further reduced travel time.

In addition, by participating in 15-minutes of walking a day, five days a week, the disease burden from physical inactivity would reduce by about 13 per cent, while walkable streets and community spaces can provide critical opportunities for social interaction and social cohesion.

UNStudio Founder Ben van Berkel said it was important to create a building that does much more than just incorporate planting and green areas, to instead be highly biophilic.

“Mixed-use projects are extremely complex. They need to consolidate many different functions for a wide variety of user groups. With STH BNK By Beulah, this also involves a vast public component, so we had to programme the project in the right way to be able to have something for everybody on the site; to create a village in the city for a healthy and inclusive community,” he said.

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Beulah's five-minute vertical city is substantially lower than the 15-minute benchmark set by planning models across the world, which was first introduced by French-Colombian scientist Carlos Moreno in 2016.



STH BNK By Beulah to become Australia’s first ‘five-minute vertical city’

Boutique property developers&nbsp;KBMV will soon finish construction on their Caulfield North project Alma Village, with completion slated for August this year.&nbsp;

They engaged the David Carabott's CHT Architects to design the project, in collaboration with design firm SORA, led by Chantelle Balliro.

Their brief was to make Alma Village a bold architectural statement with a unique and modern facade, while also paying to it's surroundings.

[smartcode_project:default project_id=102265 project_image_fid=163786]

Linear in form, Alma Village's facade honours it's locale, drawing inspiration from its surrounding streetscape while asserting a fresh and distinctive presence.

Toeing the line between classic and contemporary, the building incorporates a layered mix of natural and manmade textures with strong articulation allowing for large recessed balconies within the built form.&nbsp;

The integration of lush landscaping by renowned landscape architect John Patrick further elevates the development, with greenery cleverly interwoven into the building's design, creating a softening effect and blending seamlessly with the surrounding natural beauty.

"These outdoor spaces foster a sense of connection and rejuvenation. Lush and generous, they draw residents out of their homes and encourage them to engage with the beauty of the landscape," Patrick said.

Upon stepping inside Alma Village, residents are greeted with an abundance of natural light that floods the interiors. The architects have deliberately crafted the interiors to offer a neutral canvas, allowing residents to infuse their own unique design preferences into each home.

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"The interiors of Alma Village embody timeless style, defined by an authentically elegant palette of finishes as well as abundant light and ample space,"&nbsp;Balliro said.&nbsp;

Light timber joinery has been utilised throughout the living spaces, complemented by natural stone surfaces, warm oak engineered timber floors, and plush wool blend carpets.&nbsp;

The attention to detail extends into the heart of the home, the kitchen. High-end appliances, ample storage, and stone surfaces complete the space before flowing into the living room which is adorned with stone plinths and curved forms.

Buyers are also offered the opportunity to elevate their living experience with premium upgrades, with inclusions such as a fireplace and a custom bar on offer.&nbsp;

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The master bedrooms in Alma Village have been thoughtfully designed as tranquil retreats, offering residents a private sanctuary within their own homes. Spacious robes and bespoke dressers cater to residents' storage needs, while the ensuite bathrooms feature arched mirrors, walk-in showers, and freestanding baths.

Two and three-bedroom apartments can still be purchased in the development, with prices starting from&nbsp;$930,000.&nbsp;

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Linear in form, Alma Village's facade honours it's locale, drawing inspiration from its surrounding streetscape while asserting a fresh and distinctive presence



How Alma Village's design honours it's Caulfield North location

Arbour Park, the newest residential apartment development in Surrey Hills, takes it's design from the adjacent Surrey Gardens.

Renowned architecture firm Elenberg Fraser designed the owner-occupier targeted development on Canterbury Road, to blend into the garden atmosphere that both Surrey Gardens and the wider suburb are known for.

They have maximised views of the tree canopy along Canterbury Road and the expansive green space of Surrey Gardens. The positioning of the building and the use of high floor-to-ceiling windows ensure that residents can enjoy the natural beauty that surrounds them.

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To enhance the garden theme, landscaping experts Openwork have taken the concept further by creating private sanctuaries within each two or three-bedroom residence. The ground-floor apartments feature lushly planted courtyards, while broad balconies adorn the mid-level units. The upper-floor residences boast wrap-around terraces, providing panoramic views and a seamless connection to nature.&nbsp;

The stepped architectural form of Arbour Park is gently embraced by verdant greenery, establishing a harmonious equilibrium. The concrete façade gains a textured and sensory edge with its exposed aggregate finish.&nbsp;

Reade Dixon, Principal at Elenberg Fraser, expressed the firm's commitment to contributing to the city's landscape.

"We love the location. It's a project situated between two parks—a heavily landscaped entry verge off Canterbury Road and the significant Surrey Gardens behind us, an established landscaped park," he said.&nbsp;

"Our first step was to embrace the landscape and integrate it into the site, working closely with Openwork. Each residence offers private large courtyards for the ground floor, balconies with planters for the mid-level units, and expansive wrap-around terraces on the top floor, providing views to the north and directly over the parkland."

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The architects have also introduced innovative elements to enhance residents' experiences. Rather than a common lift bank, each apartment is accessible via a personal lift, which takes residents directly to their apartment entry or to a small lobby shared with one neighbour.

"This experience is typically reserved for penthouse apartments, now we’re able to provide that for all the residents at Arbour Park,” Dixon added.

"We also have things like a vestibule with a key drop that supports the entry and allows you to personalise the entry into your residence. Beyond the dining rooms, studies, and living rooms, we have ancillary spaces such as butler's pantries, sculleries, and utility rooms for the laundry. All the conveniences you would expect in a house are now part of the apartment offering.

"We have a market that doesn’t want to gibe up their lifestyle, that’s attached to the things they love in their house, but are seeking the security and convenience that comes with multi-residential living."

Two and three-bedroom apartments still remain in Arbour Park. Prices for a two-bedder starting from&nbsp;$740,000, while the three-bed apartments are priced from&nbsp;$1.5 million.

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Reade Dixon, Principal at Elenberg Fraser, expressed the firm's commitment to contributing to the city's landscape

How Elenberg Fraser drew inspiration from Surrey Gardens when designing Arbour Park

Mirvac has officially launched Trielle, it's last residential tower in their $1.4 billion Yarra's Edge masterplan precinct on the Docklands waterfront.

A hundred gathered on a sunny day at the Trielle Display Galleria at 16 Point Park Crescent, where prospective buyers were greeted with tantalising electro-acoustic harp-music and champagne as they entered the crystalline façade of the Trielle Display Galleria on the day of its long-awaited Grand Opening.

Guests were treated with cooking demonstrations by Emma Rosen on the sub-penthouse Bora induction cook top with downdraught exhaust, an example of Mirvac Design's detail in Trielle's highly sculptural kitchens.

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Mirvac's Senior Development Manager, Tim Noakes, spoke to the history of the award-winning Yarra’s Edge community, which has been developed by Mirvac for over 20 years, and now boasts over 3,000 residents who call it home.

High-end designer furniture firm Mobilia, good friend and partner of Vogue Living who were involved in the curation of iconic furniture for the Display Galleria, delivered an inspiring masterclass on the design legends past and present such as Patricia Urquiola and Mario Bellini and their timeless furniture that have completed the vision that Mirvac's in-house design had for the Display Galleria experience.

<a data-entity-type="file" data-entity-uuid="78c93b6d-1ef1-4757-8784-caff5e5ed1d2" href="/new-apartments/trielle-at-yarras-edge-docklands-16-point-park-crescent-docklands"><img alt="Mirvac Trielle" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-05%20at%209.10.55%20am.png?VersionId=yid4EFM36AGcMZmBdfyE_IxmjcIlDcnP" /></a>

Trielle will be the tallest tower in Yarra's Edge when it's completed, standing 45 levels tall just 12.5 metres from the Yarra River.

The building is broken down into four different apartment classifications, the Signature, Prestige, Sub Penthouse Collection with the extraordinary Black and White Diamond Penthouses soon to debut.

Trielle will feature the most abundant amenity Mirvac have offered in Yarra's Edge. Arguably it's the most the 51-year old developer has ever offered in any project.

Residents will have access to a library and work pods, The Saletta Business Lounge, The Salone Piano Lounge with self-playing piano with adjoining Chef’s Kitchen, Games room and Teppanyaki bar, Theatre, and a Golf Simulator.

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There's also the Oasis Retreat, complete with urban rainforest garden, a Scandinavian-inspired wellness centre, 25-metre pool, magnesium pool, spa, sauna, cold-pailing and treatment rooms.

Mirvac's extensive Display Galleria also feature custom gem and diamond-cut Apaiser bathtubs and basins, with a Signature and Sub Penthouse Collection kitchen and bathroom on display.

Apartments in Trielle start from $680,000 for a one-bedroom apartment, with parking based on apartment 8.06 . The two-bed apartments start from $1.12M based on Apartment 2.01.

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A hundred gathered on a sunny day at the Trielle Display Galleria at 16 Point Park Crescent, in Melbourne’s Docklands where prospective buyers were greeted with tantalising electro-acoustic harp-music and champagne as they entered the crystalline façade of the Trielle Display Galleria on the day of its long-awaited Grand Opening.


Mirvac launches Trielle at busy weekend display opening

The construction phase has commenced at LDS Property's Glen Iris apartments, GALERIE.&nbsp;

The group appointed award-winning construction firm Iurada to build the project, with works across the site slated for completion in late 2024.&nbsp;

The commencement of construction will only drive buyer demand higher. Already over 40 per cent of the apartments in GALERIE already have sold.&nbsp;

[smartcode_project:default project_id=112375 project_image_fid=213651]

Projects by Buxton, who are handling the sales of the project, broke the Glen Iris record for an apartment earlier this year, selling an amalgamation of two penthouses off-the-plan for around $4 million, highlighting the demand for high-end apartments within the area.&nbsp;

Read more:&nbsp;<a href="/news/vic/glen-iris-apartment-price-record-smashed-with-galerie-penthouse-sale-just-shy-of-4-million">Glen Iris apartment price record smashed with Galerie penthouse sale just shy of $4 million</a>

There's only two and three-bedroom apartments left in Galerie. All of the one-bedroom apartments are spoken for.

Ewert Leaf, in collaboration with John Patrick, were tasked with handling the designs across the development, with the remaining two and three-bedders afforded private courtyards and terraces, situated in an elevated position benefitting from leafy views.&nbsp;

[smartcode_project:default project_id=112375 project_image_fid=213657]

The apartments feature generous open-plan living areas, complimented with oak timber flooring, with the kitchens designed to be an entertainer's delight, boasting&nbsp;natural stone benchtops and&nbsp;built-in Asko appliances, including an integrated fridge, dishwasher and range-hood.&nbsp;

The remaining floorplans span from&nbsp;105 sqm through to&nbsp;189 sqm, with each including two bathrooms and either one or two car spaces.&nbsp;

[smartcode_project_cta:default project_id=112375]

The commencement of construction will only drive buyer demand higher. Already over 40 per cent of the apartments in GALERIE already have sold

Melbourne off the plan apartments

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