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 vibrant Fitzroy and Collingwood neighbourhoods are set to welcome a new architectural gem that embodies a decade of creative development by developers Milieu.

Otter Place, the latest addition to the area, promises to be a tangible expression of Milieu's values and an impactful contribution to the local community.

"The design draws on our projects completed across the decade and gets to the heart of who we are, what we represent, and what we envision for urban development," Milieu say.

Collaborating with international design studio Hassell and local practice DesignOffice, Milieu has crafted a building that pays homage to its surroundings while leaving a mark on the streetscape.

"As our sixth project in partnership with DesignOffice, Otter Place is the result of a decade of experimentation and refinement."

[smartcode_project:default project_id=3477 project_image_fid=192694]

Situated just moments away from the bustling Smith Street, the cultural and culinary epicentre of Fitzroy and Collingwood, Otter Place finds itself at the heart of Melbourne's highly regarded dining precinct.

Otter Place will deliver 28 luxury residences that are representative of its location in the heart of Collingwood’s eclectic and progressive Smith Street precinct, with two-storey, walk-up, townhomes to penthouses with panoramic CBD views and podium apartments that open onto framed vignettes of iconic inner Melbourne architecture.

Nestled amidst Wellington, Victoria, Johnston, and Brunswick streets, the neighbourhood boasts an unrivalled selection of cafes, restaurants, bars, and cultural institutions. As long-time residents of Collingwood, Milieu understands and cherishes the distinct personality, diverse people, and inclusive community that make this area so beloved.

The architectural composition of Otter Place is a testament to Hassel's attention to detail. The building is divided into two distinct forms, each one reflecting and celebrating the local surroundings. The lower levels, constructed with brick, pay homage to the industrial masonry architecture prevalent in the area. Meanwhile, the upper levels feature an elegant glass design that captures, reflects, and amplifies the shape and detailing of the neighbouring buildings.

[smartcode_project:default project_id=3477 project_image_fid=192699]

"By studying the existing urban context and brick detailing we’ve created an authentic celebration of the area’s post-industrial masonry architecture while also charting an exciting future ahead. The building base rethinks the contextual material of bricks via a lower façade of shimmering white glazed brick punctuated with window openings of varying sizes that create a striking impact on the streetscape," Hassel said.&nbsp;

"The reflective glazing of the upper levels quite literally mirrors the city, and reads as one object, delicately floating above the solid brick podium."

Inside Otter Place, an elevated yet functional design ethos prevails. The interiors have been assembled using distinguished materials and boast flexible layouts tailored to modern living. Inspired by the simplicity and effectiveness of gallery spaces, the interiors also incorporate smart technology throughout.

[smartcode_project:default project_id=3477 project_image_fid=192698]

Lighting plays a crucial role in creating the desired ambiance, and Otter Place demonstrates a departure from conventional downlights. Instead, a curated suite of uplights, spotlights, and wall lights has been selected to enhance various moods and functions throughout the day.

The proportions and strategic window placement within the residences also allow for abundant natural light to flood the spaces throughout the day.

"At a time when our cities are in such significant change as a result of the COVID-19 pandemic, Otter Place by Milieu provides the reassurance of good old-fashioned quality using elements of traditional construction to provide a unique residential experience for its future residents. And it’s future-proofed for post-pandemic living, with each home offering plenty of flexibility, amenity and access to nature, light and fresh air."

With construction tracking well, the collaborative trio are expecting the first crop of residents to begin calling Otter Place home this year.&nbsp;

[smartcode_project_cta:default project_id=3477]

Otter Place, the latest addition to the area, promises to be a tangible expression of Milieu's values and an impactful contribution to the local community.

alisonwarters@gmail.com

A decade of design brings to life Collingwood's Otter Place by Milieu

The vibrant Brunswick neighbourhood is not just a place but a tapestry woven with the threads of its rich heritage and diverse community. At the heart of the evolving landscape lies Flux, a boutique apartment development comprising just 18 apartments.

Designed to be more than just a place to live, Flux encapsulates the essence of Brunswick and places residents at the heart of the best the suburb has to offer from its Union Street location.&nbsp;

Positioned strategically in the heritage locale, Flux benefits greatly from its connectivity to the community and the myriad opportunities it offers. From the moment you step out of Flux's doorstep, Brunswick's heritage unfolds like a moving feast, inviting anyone with a bike, an appetite, and the time to wander through its eclectic streets.

[smartcode_project:default project_id=21840 project_image_fid=159147]

The neighbourhood's unique blend of eateries, boutique shops, and cultural landmarks such as Sydney Road and Lygon Street are all within easy walking distance, as are Brunswick's pocket parks and sporting grounds, with Brunswick offering residents the ease of an active lifestyle while basking in award-winning contemporary landscape designs framed by centuries-old trees.

Connectivity is key in Brunswick, and Flux is ideally positioned to offer convenience and accessibility. Located just 50 metres away, Jewell Station provides easy access to public transportation, while the tram on Sydney Road is equally close. Within 20 minutes, residents can find themselves in the heart of the city, free from the hassle of parking. For those who prefer cycling, Flux offers dedicated bike storage and car parking facilities for longer trips.

But what really sets Brunswick apart is its sense of community. Flux embraces this spirit by providing residents with access to a plethora of cultural experiences throughout the year. Festivals, music events, art exhibitions, fashion showcases, and design exhibitions are a regular part of life in Brunswick, with these events all just a short walk or tram ride away from Flux.

[smartcode_project:default project_id=21840 project_image_fid=159142]

The Brunswick community thrives on everyday moments shared in shops, galleries, churches, schools, parks, and the local cafés and bars. Whether it's a leisurely stroll through Barkly Square or a visit to the bustling farmer's market on the Village Green, Brunswick offers a sense of familiarity and comfort as well.&nbsp;

For those seeking recreational activities, the iconic Brunswick Baths, which celebrated its centenary in 2014, offers state-of-the-art facilities including a gym, indoor and outdoor pools, and water play areas. The local football, soccer, cricket, and netball teams cater to participants of all ages, and for those who prefer cycling or walking, the bike paths leading to the city and along Merri Creek provide a serene commuting option.

Education is a cornerstone of Brunswick's identity, with a diverse range of schools catering to the learning needs of all children. From early learning to world-class tertiary education, Brunswick offers a hub of active thinking that seamlessly connects residents to a spectrum of educational opportunities.The area's historical connection to Melbourne's clothing manufacturing industry is also evident in the presence of textile and printing facilities at RMIT University.

[smartcode_project_cta:default project_id=21840]

Designed to be more than just a place to live, Flux encapsulates the essence of Brunswick and places residents at the heart of the best the suburb has to offer from its Union Street location

How Flux takes advantage of it's Brunswick locale

North Melbourne welcomes a new addition to its open and welcoming character with the arrival of Academy, a thoughtfully designed residential development that seamlessly combines townhouses, apartments, and shared green spaces.

Born out of the collaboration between MAB Corporation and MCR, Academy aims to create a diverse and welcoming community that caters to the needs of its residents.

Comprising four small, sustainable buildings designed in a two-pair composition, Academy takes inspiration from the celebrated low-rise neighbourhoods of Paris and Copenhagen.

Each building benefits from a secure central courtyard at the ground level, while the open-air corridors encourage cross ventilation and promote the use of stairs within the buildings.

The central courtyards, adorned with lush landscaping, also offer views of the sky from every vantage point and are designed to evolve over time, blending harmoniously with the surrounding environment.

[smartcode_project:default project_id=110214 project_image_fid=185969]

The heart of Academy lies in the central Wood Street Garden and community piazza, connecting the buildings and enhancing the sense of community. Adding to the lively atmosphere, a new alfresco café at street level will grace the piazza, complementing the adjacent retail strip, contemporary primary school, and kindergarten.

Each building also boasts its own rooftop garden, designed by award-winning landscape architects, TCL, who&nbsp;took inspiration from the local trees, plants, and materials of North Melbourne.

The rooftops feature open lawns, established trees, bushes, and planted gardens that serve as natural dividers between different areas, allowing residents to occupy various zones within the serene surroundings. Pergolas provide shade for the barbecue, dining, and lounge areas, while carefully selected trees and plants, resilient to changing seasons, mirror and complement the gardens of the surrounding area.

Academy offers a wide range of living options to cater to diverse needs and preferences. Prospective residents can choose from one, two, and three-bedroom apartments, split-level homes with expansive ground floor or rooftop terraces, or flexible home office (SOHO) apartments.&nbsp;

[smartcode_project_cta:default project_id=110214]

Comprising four small, sustainable buildings designed in a two-pair composition, Academy takes inspiration from the celebrated low-rise neighbourhoods of Paris and Copenhagen

Inspired by low-rise European neighbourhoods: The design behind Academy North Melbourne apartments

Established by Nick McKimm in 1991, holistic architecture, construction and property developers mckimm, have been a stalwart in Melbourne's bayside area for over three decades.

Having completed a number of projects in the sought after suburb of Brighton, including Luce, Casa, Otto, last year they finished Nero.

Located at 27 Black Street, the project of just eight house-sized apartments has just one unit remaining, priced at $3 million.

[smartcode_project:default project_id=22347 project_image_fid=41750]

The remaining completed residence sits alongside a small collection of apartments and penthouses, which range in size from 221 sqm through to 285 sqm, boasting spacious bedrooms and living spaces, with a refinement and practicality at the core of the design.&nbsp;&nbsp;

The interiors of Nero seamlessly blend design with the surrounding landscape, with natural materials adorning the spaces. From luxury appliances to custom finishes exclusive to Nero, every detail has been carefully curated to reflect the essence of the Brighton locale.

Situated just moments away from the vibrant Church Street in Brighton, Nero is positioned near Melbourne's finest cafes, restaurants, and amenities.

[smartcode_project:default project_id=22347 project_image_fid=41752]

With Middle Brighton Station a mere 100 meters from the development, commuting to the CBD, located 11 kilometres away, is effortless.

Residents can also enjoy the proximity to iconic landmarks such as Brighton's renowned beach bathing boxes, Dendy Park, and the prestigious Royal Melbourne Golf Course.

[smartcode_project_cta:default project_id=22347]

Located at 27 Black Street, the project of just eight house-sized apartments has just one unit remaining, priced at $3 million

One apartment remains at Nero, Brighton apartment development

Trackside House at Moonee Valley Park, the first track-fronting residential offering at the $2 billion redevelopment of Moonee Valley Racecourse, has generated around $100 million worth of sales within 11 weeks of its launch.

Developer Hamton, who is developing&nbsp;Moonee Valley Park in a joint venture along with superannuation fund Hostplus and in partnership with Moonee Valley Racing Club (MVRC), had a VIP waitlist of buyers who received early access to Trackside House in October last year.

The early success of Trackside House follows its neighbour and previous stage, Stonepine House, which is now over&nbsp;80 percent sold.

The two buildings, which share the same basement, have a combined end value of around $320 million and will be built together as part of a single contract. Icon has been appointed as builder, and construction will commence in May.

Trackside House was designed by architect Rothelowman and interior design studio Carr and continues with the biophilic theme of Moonee Valley Park.

[smartcode_project:default project_id=105114 project_image_fid=210517]

The project is designed to be a neighbourhood within a park, with around half of the masterplan dedicated to botanical green parklands and open space, that prioritises the lifestyle benefits of living amongst nature.

Residents will also have access to rooftop amenity featuring infinity pool, residents’ lounge, private dining, business lounge and a state-of-the-art wellness sanctuary – equipped with glass-walled yoga room, therapy room, sauna and fully equipped gym.

The development team attributes the strong results to Trackside House’s biggest point of difference – its dedicated track-fronting views of Moonee Valley Racecourse and to the CBD, offering an unparalleled vantage point down what will be the new finishing straight for each race meet each year, including the iconic Cox Plate.

[smartcode_project:default project_id=105114 project_image_fid=210518]

Hamton Property Group Executive Chairman Paul Hameister said the overwhelming sales demand has primarily been from downsizing locals.

“Melbournians are very loyal to the areas and communities in which they have grown up and raised families," Hameister said.

"There are very few premium offerings for downsizers in Melbourne’s inner north-west and we have sought to address that with Moonee Valley Park."

Hameister says the typical buyer in Trackside House has been an affluent local rightsizer.

"They are unaffected by the prospect of higher interest rates as they are cash buyers, selling a large home with little or no mortgage and after purchasing one of our homes, they have cash set aside to invest for retirement.

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“All of our buyers at Moonee Valley Park have been drawn by the appeal of living within an extensive new parkland, just 6km from the CBD.

“Many of those buyers in Trackside House also have a connection to Moonee Valley Racing Club, which has been such an integral part of this local community for 140 years."

“The runaway success of Trackside House reiterates the importance of a unique point-of-difference that sets a project apart from commodity-style apartment projects, particularly in this current stage of the market cycle."

Some investors are coming back into the market,&nbsp;Hameister added, although noted that they are looking at the market differently, suggesting they are&nbsp;wanting to buy homes where there is a strong exit strategy to owner-occupiers

Moonee Valley Park launched to the market in August 2019, and has since delivered two completed residential stages as well as amenities including Tote Park and TOTE Bar &amp; Dining – with the first residents moving into their new homes in 2022.

A further stage will complete construction later this year.

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The early success of Trackside House follows its neighbour and previous stage, Stonepine House, which is now over 80 percent sold

Buyers gallop to Moonee Valley Park's Trackside House apartments

Boutique property developer Gestalt has launched Clyde Street, a striking collection of townhouses and apartments in the heart of Kew.

The project, on the corner of Clyde and High Street, has been designed by MA Architects to cater for those seeking a house-sized dwelling.

MA Architects Principal Karen Alcock says space is really important when it comes to designing a townhouse.

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"We make sure that our townhouses have a real focus on spatial quality, because you can always change finishes.

"In time, people will change a kitchen or a bathroom. But the space will remain the same, and that’s what is the most important thing to get right.”

Each of the townhouses have three bedrooms, two bathrooms, two living areas, and garaging for two cars.

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They sit in gardens designed by landscape architect Simon Taylor. Taylor of said he only had to&nbsp;look around the suburb for inspiration for the townhouse gardens.

"The parks and gardens of East Kew are lush, beautiful and well-maintained, qualities we intend to continue at Clyde St," Taylor said.

&nbsp;

There are just three apartments in the unusually-designed building, two one-bedroom apartments and a two-bedroom penthouse apartment.

[smartcode_project:default project_id=139984 project_image_fid=212839]

Gestalt, founded by former ICON Developments Senior Development Manager Kyle Reeve, have offices in Cremorne and Mornington, the latter where they are developing three mid-century home, designed to sit around 100-year-old oak trees. Two of the homes will be brand new, while the other will be a restoration of an existing Spanish&nbsp;hacienda-style home.

Gestalt are also currently selling seven land lots in Smeaton East, a new neighbourhood near Daylesford.&nbsp;

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MA Architects Principal Karen Alcock says space is really important when it comes to designing a townhouse

Striking Kew East townhouses Clyde Street launch

Property developer ITUM believes now is the time to strike in the Melbourne apartment market, choosing to launch not one, but two apartment projects within a week of each other.

First they had&nbsp;Mimosa Row, 40-apartments in Carnegie, hit the market through 360 Property Marketing. Now they've had 360 take EIRA Apartments in Bentleigh East to the market.

They've used the same team for both projects. BG Architecture have handled the design and Platinum Construction will deliver the build, targeting completion by the end of 2024.

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There are just 18 apartments in EIRA at 6-8 Bevis Street, which have been designed with a blend of modern living and Bentleigh East's Art Deco charm.

It sits in the McKinnon School Zone, which will no doubt draw the family buyer.

Hidden on a side street of Centre Road, EIRA is located half way between Bentleigh and Bentleigh East, a few streets back from Centre Road which offers extensive amenity and convenient transport.

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Each of the 18 apartments has a dedicated outdoor space.&nbsp;The ground floor apartments have their own private gardens, and apartments on level one and two offer generous and private balconies off the open plan kitchen, living and dining areas and the master bedroom.&nbsp;

EIRA is expected to be completed by the end of 2024.

Read more:&nbsp;<a href="/news/vic/carnegie-to-receive-injection-of-new-apartments-as-mimosa-row-launches">Carnegie to receive injection of new apartments as Mimosa Row launches</a>

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There are just 18 apartments in EIRA at 6-8 Bevis Street, which have been designed with a blend of modern living and Bentleigh East's Art Deco charm

ITUM double down on Melbourne's low supply levels by launching two inner-city apartment developments

Lowe Living has experienced strong buyer demand in their Hampton project, Hampton Hill, since launching to market in early 2022.&nbsp;

With construction well underway, the development of just 29 apartments is now over 65 per cent sold, with only a limited number of two and three-bedroom apartments remaining. They are priced from $1.275 million.&nbsp;

The Hampton Street development has been designed by renowned architecture firm Woods Bagot, who have fused relaxed coastal living with the sophistication of the sought after suburb.&nbsp;

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Designed with sustainability in mind, the homes achieve a 7.5-star energy rating, boasting a refined material palette of contemporary masonry and bronzed metal forms.&nbsp;

The interiors feature a harmony of light and space, as pale oak flooring, honed natural stone and bespoke joinery create a palette of earthy neutrals and bay inspired hues.

Each space has been designed to offer flexibility, with expansive floor-to-ceiling windows creating a seamless connection between indoor and outdoor spaces, while also inviting an abundance of natural light in, in addition to capturing the coastal surroundings.&nbsp;

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The living zones are connected to nature through a series of terrace planters, coastal grasses and cascading foliage in the outdoor spaces.

Residents of Hampton Hill will also have access to a range of exclusive amenities, including state-of-the-art fitness facilities, lush landscaped gardens, and communal spaces designed to foster a sense of community and connection.

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The Hampton Street development has been designed by renowned architecture firm Woods Bagot, who have fused relaxed coastal living with the sophistication of the sought after suburb

Lowe Living secured 65% of sales at Woods Bagot-designed Hampton Hill apartment development

The next phase of the Collins Wharf project at Melbourne's Docklands has been revealed by ASX-listed developer Lendlease.

They've just submitted plans for a 24-level residential tower with 499 apartments designed by Cox Architecture. It will sit between two sites earmarked for future wharves as part of the expansive Collins Wharf masterplan.

The apartments will cover 23 of the 24 levels, above the ground floor which will have a concierge reception, music room, private dining rooms, a media room, residents' lounge, pet facilities, and an arts and crafts room. There will be extensive work from home amenity, including a business lounge, meeting rooms, and even podcast studios.

<img alt="Render of the proposed third stage in the Collins Wharf development" data-entity-type="file" data-entity-uuid="e04c246e-5132-410d-ac6f-be24c73b518a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-15%20at%205.39.40%20pm.png?VersionId=QD2D0uEyJGH43zdvRdJGae2JpKjJsUnO" /> 
Render of the proposed next residential tower in the Collins Wharf development. Cox Architecture.

More residential amenity will be incorporated across the fourth level, with an array of recreational facilities, including terraces, indoor and outdoor gyms, yoga spaces, a lap pool and pool lounge, sauna, steam room, a treatment room and changing rooms. The level will also feature five studio and five two-bedroom apartments.&nbsp;

The majority of the levels will have 24 apartments, a combination of studios and one and two-bedroom units. The 22nd floor&nbsp;will comprise seven two-bedroom apartments, two one-bedroom apartments, and one three-bedroom apartment.

There will be just two three-bedroom apartments on the 23rd floor, as well as&nbsp;dining rooms, a terrace and a residents' lounge.

<img alt="Render of the proposed Collins Wharf development " data-entity-type="file" data-entity-uuid="cccdde5c-7f26-46d3-85f7-188f1ba52b37" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-16%20at%2010.13.22%20am.png?VersionId=AJc9HiSIN5_pweKzASQAp4ZzrUDrq1zy" />Render of the proposed next residential tower in the Collins Wharf development. Cox Architecture.

Lendlease's huge $1.5 billion Collins Wharf masterplan encompasses five towers in total and spans a vast 6.5-hectare site.

While No.1 Collins Wharf commenced construction in 2017, Collins Wharf 2 and 3, designed by Warren and Mahoney Architects, are currently in the planning process. These designs are awaiting approval, with minor changes such as amended plans to ceiling heights being considered.

Upon completion, the entire Collins Wharf project will boast a total of 1,500 apartments in the Victoria Harbour area of Docklands, with the project under the supervision of Development Victoria, which has overseen all developments in Docklands since the mid-1990s.

The project has an estimated end value of $6.7 billion by 2030.

Lendlease reveal plans for next stage of Collins Wharf development

Kew, known for its picturesque landscapes and rich heritage, is set to welcome a new addition to its vibrant community, with boutique developers Carpe setting their sights on the sought-after locale.

They're developing The Walton, a residential development that captures the essence of Kew's past while offering a new, contemporary perspective.&nbsp;

Situated on an elevated and leafy street corner, The Walton comprises 27 light-filled residences, offer two to three-bedroom apartments designed&nbsp;by the esteemed architectural firm Warren and Mahoney, who are specialists in heritage-restoration and design.

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Each apartment has been crafted to embody a sense of timeless elegance, with prices ranging from $1.35 million to $4.65 million.

One of the key highlights of The Walton is its emphasis on both heritage and contemporary living. The design embraces the suburb's rich history while incorporating modern elements to meet the demands of today's lifestyles.

The building's stone-clad façade presents itself as a seamless extension of the existing streetscape, paying homage to Kew's architectural heritage, while the&nbsp;unique elevated position of the building affords sweeping views across multiple aspects.

Drawing inspiration from the charm of established family homes, every aspect of The Walton has been thoughtfully considered to provide ample space and uncompromising quality for its residents, while&nbsp;a clever use of land contours allows for views towards the Dandenong Ranges.

The interiors have been intelligently designed to maximise functionality and comfort, ensuring that everything important to residents has its rightful place, with each light-filled space available in a choice between either a warm or cool colour scheme.&nbsp;

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Joinery, reminiscent of curated furniture pieces, showcases stone and expert craftsmanship throughout, with timber flooring and full-height glazing only adding to the overall appeal of each apartments.

The Walton enjoys close proximity to a plethora of amenities, with residents able to indulge in the vibrant café culture that Kew has to offer or take a leisurely nine-minute stroll to High St, where an array of shopping and dining options await.&nbsp;

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The Walton comprises 27 light-filled residences, ranging from two to three bedrooms, designed by the esteemed architectural firm Warren and Mahoney.

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