<a href="https://www.apartments.com.au/developers/sunland-group">Sunland Group</a> has officially lodged plans for its first Gold Coast apartment project since the departure of the Abedian family from the company three years ago, unveiling a new high-rise proposal for a prominent Broadbeach corner site on Old Burleigh Road.

The application was submitted by an entity directed by Tom Jamieson, stepson of longtime Sunland leader Soheil Abedian, and Riaz Rezvanipour, brother-in-law of Sahba Abedian, Soheil’s son.

Sunland acquired the 1,283 sqm site on the corner of Old Burleigh Road and Armrick Avenue for $9.5 million late last year and is now seeking approval for a <a href="https://www.apartments.com.au/new-apartments/99-101-old-burleigh-road-broadbeach-qld-4218">42-storey tower with 81 apartments</a>.

<img alt="First look: Sunland Group returns to Broadbeach with new Old Burleigh Road tower plans" data-entity-type="file" data-entity-uuid="fea2946d-90ee-4cfc-babe-2a8ad5db2cb6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers.png?VersionId=BV0fihJw31nDIQ8ozY_h3GbS8mxDyhnm" />

Designed by <a href="https://www.apartments.com.au/architects/contreras-earl-architecture">Contreras Earl Architecture</a>, the proposed tower at 99-101 Old Burleigh Road would deliver a predominantly larger-format apartment mix aimed at the owner-occupier market. Plans include 17 two-bedroom apartments, 55 three-bedroom apartments, and nine four-bedroom residences across 35 residential levels.

The development also incorporates three basement levels, four podium parking levels, two levels of communal recreation facilities, and rooftop plant and equipment. A total of 189 car spaces are proposed, significantly exceeding the 90 spaces required under the planning scheme.

The architecture adopts a sculpted, curvilinear form, with deep wraparound balconies and integrated landscaping intended to soften the tower’s vertical expression. The planning report states the building’s “slender footprint/form provides a complimentary yet varied built form within the local streetscape” and contributes to “a varied, yet ordered skyline.”

Contreras Earl noted in its Architectural Statement that from the early stages, the project addressed a fundamental challenge: how to accommodate the required residential yield while avoiding the conventional model of a tower sitting on a rigid, fully resolved parking podium.

“The most direct response would have been to consolidate parking into a singular, flat podium and extrude a repetitive tower above,” the statement said. “While efficient, this approach would result in a consolidated built form with limited engagement with the surrounding landscape and public realm.”

Instead, the conventional podium model was “deliberately rejected”. The architects described the base of the building as “a landscaped architectural condition where structure, planting and circulation are integrated”.

“Rather than presenting a continuous built mass, the base of the building is articulated through a series of concrete planter elements that organise the podium into a fragmented system,” the statement said. “This approach reduces the perceived bulk of the lower levels while establishing a more permeable interface with the streetscape and adjacent open space.”

<img alt="Sunland" data-entity-type="file" data-entity-uuid="923fad8d-c960-4527-8fbe-975cf1ddf88d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-25%20at%2010.32.03%E2%80%AFAM.png?VersionId=pngwb0hYOIUpq9vDw6F2EsOiVuHF3DiX" />

&nbsp;

The site sits within the High Density Residential Zone and inside the City of Gold Coast’s unrestricted “HX” building height area, where the planning framework anticipates intensified residential development tied to the expanding light rail corridor. The planning report notes the area is undergoing “transition toward more intense development forms” given its proximity to Broadbeach, Surfers Paradise, and high-frequency public transport infrastructure.

Positioned directly opposite Broadbeach Park and within walking distance of Florida Gardens light rail station, the development would sit among a rapidly evolving stretch of Old Burleigh Road that has become one of the Gold Coast’s most active apartment development corridors.

The application joins a growing pipeline of luxury residential projects reshaping Broadbeach, including nearby developments by 5Point Projects, Polycell, and Graya.

The planning report argues the project contributes toward the Gold Coast’s long-term housing targets under the South East Queensland Regional Plan, which forecasts the need for more than 100,000 additional high-rise dwellings across the city by 2046.

<section data-scroll-anchor="false" data-testid="conversation-turn-4" data-turn="assistant" data-turn-id="request-WEB:84a2af5e-d7cf-4ddf-922a-f4d44d6c6caa-1" data-turn-id-container="request-WEB:84a2af5e-d7cf-4ddf-922a-f4d44d6c6caa-1" dir="auto">
The Abedian family departed Sunland Group in late 2023, ending a four-decade association with the company, and subsequently established the private development firm Abedian &amp; Co. The group is currently delivering <a href="https://www.apartments.com.au/new-apartments/greenmount-residences-cnr-hill-street-and-marine-parade-coolangatta-qld-4225">Greenmount Residences</a> at Rainbow Bay and recently launched <a href="https://www.apartments.com.au/new-apartments/18-mary-avenue-14-18-mary-avenue-broadbeach-qld-4218">18 Mary Avenue</a> in Broadbeach.
</section>

Joel Robinson

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

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

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

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

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

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

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

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

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

Melbourne off the plan townhouses

Glen Iris is one of the most family friendly suburbs in Melbourne.

The small seven square kilometre pocket 10km south east of the Melbourne CBD, is an attractive proposition for those with children due to the convenient access to the city, some of the best schools in the state, and a leafy, suburban feel which isn't often found in suburbs this close to the city.

ABS census data shows over 60 per cent of households have children.

Despite being just seven square kilometres, there's a massive 26 parks scattered across Glen Iris, the best for kids being Ferndale Park with an upgraded kids playground built into a hill.

There's three schools which are rated in the top 15 schools in Victoria according to My Choice Schools. Private girls secondary schools Korowa Anglican Girls' School is ranked as the seventh best private school in the state, while St Cecilia's Primary School and Glen Iris Primary School are ranked 11th and 24th respectively.

There is a large disparity between the median house and median unit price, about 60 per cent, with the house price median about $2,475,000, according to CoreLogic.

The gap is pushing some families who want to either stay in or move to the area into the townhouse and apartment market, a market which has served up some impressive new options in recently.

We've wrapped up the top townhouse and apartment developments in Glen Iris in 2024.

<h2>Project: Lori</h2>

<h3>Location: 1610 Malvern Road, Glen Iris VIC 3146</h3>

<h3>Developer: LK Property Group</h3>

<a href="/new-townhouses/glen-iris-vic-3146">Glen Iris</a>' latest townhouse project, <a href="/new-apartments/lori-glen-iris-1610-malvern-road-glen-iris">Lori</a> by <a href="/developers/lk-property-group">LK Property Group</a>, has only three of the eight three-bedroom townhouses left, as locals seek this rare opportunity in the southeast suburb.

Designed by the award-winning <a href="/architects/megowan-architectural">Megowan</a>, each two-level townhouse features three bedrooms and is situated on a sloping block near the Glen Iris Station, offering a well-connected location and scenic views through large picture windows overlooking the surrounding treescape.

[smartcode_project:default project_id=114100 project_image_fid=246519]

Built to endure across decades and generations, Lori incorporates future-proof technology and infrastructure.&nbsp;

Each home is designed for rooftop solar and electric car charging, reflecting LK Property Group's commitment to sustainability.&nbsp;

[smartcode_project:default project_id=114100 project_image_fid=246530]

The development is also 100 per cent electric, aligning with a more renewable path and minimising residents' environmental footprint.

Immerse Constructions is currently building Lori, which is slated for completion in Q2 2024.

<h2>Project: GALERIE</h2>

<h3>Location: 1538-1540 High Street, Glen Iris VIC 3146</h3>

<h3>Developer: LDS Property</h3>

Glen Iris' newest apartment development, <a href="/buildings/galerie-glen-iris-1538-1540-high-street-glen-iris-vic-3146">GALERIE</a>, has surpassed the 70 per cent sold mark for its 29 two and three-bedroom units, as construction advances towards a late 2024 completion by high-end, award-winning construction company Iurada.

GALERIE was developed by <a href="/developers/lds-property">LDS Property</a>, which is currently offering a five per cent deposit on the apartments for a limited time.

[smartcode_project:default project_id=112375 project_image_fid=256710]

The two, and three-bedroom apartments boast expansive landscape courtyards or elevated balconies, offering views of the metropolitan area.

The open-planned living spaces have been designed to seamlessly integrate with the surrounding landscape through large windows and sliding doors, providing residents with a direct connection to nature.

[smartcode_project:default project_id=112375 project_image_fid=250358]

GALERIE has been designed by <a href="/architects/ewert-leaf">Ewert Leaf</a> and sits in landscaping by <a href="/landscape-architect/john-patrick-landscape-architects">John Patrick Landscape Architects</a>.

The development drew early interest from local downsizers and empty nesters seeking to remain within the Glen Iris area.&nbsp;

<h2>Project: 225 Burke Rd</h2>

<h3>Location: 225 Burke Road, Glen Iris VIC 3146</h3>

<h3>Developer: Werden Property Group</h3>

Glen Iris has also seen the completion of a boutique development by <a href="/developers/werden-property-group">Werden Property Group</a>, <a href="/buildings/225-burke-road-225-burke-road-glen-iris">225 Burke Road</a>.

Only a few of the 16 contemporary apartments remain for sale. The two-bedroom apartments were snapped up pre-completion, leaving just a few three-bedroom apartments for sale.

Melbourne-based <a href="/architects/ckairouz-architects">C. Kairouz Architects</a> designed 225 Burke Road with a robust façade, which gives way to warm, inviting, and minimalist apartments.

[smartcode_project:default project_id=5016 project_image_fid=225961]

The kitchens feature striking natural stone benchtops, and top-of-the-line integrated Miele appliances, while the bathrooms feature rainwater showers and double vanities in the master ensuites.

The oak floorboards in the home lead out to balconies via the floor-to-ceiling double-glazed windows, flooding the home with abundant natural light.

225 Burke Road boasts an enviable location within walking distance of High Street trams, shops, cafes, esteemed schools, Glen Iris station, and the M1 Freeway, which offers easy access to the rest of Melbourne.

There is a large disparity between the median house and median unit price, about 60 per cent, with the house price median about $2,475,000, according to CoreLogic

Staff Writer

Why Glen Iris offers the best lifestyle for families, and what they can buy

Melbourne's unexplainably soft property market continued into the second half of 2023, but the off the plan apartment market in the Victoria capital market will come good in the short to medium term, Charter Keck Cramer forecast.

It was a little over 12 months ago when the property advisory firm suggested prices could spike in the off the plan space as high as 25 per cent. While the expected price movement hasn't materialized just yet, CKC said it will, and it might even be higher than first thought.

They said there are however a few factors which will contribute to the market going this way.

"Our analysis of <a href="/developments/melbourne-vic">Melbourne’s housing market</a> shows that the price gap between detached houses and established units is 55% (the pre-pandemic average was 35%)," CKC said.

Their analysis found that established units (townhouses and apartments) are currently undervalued by between 15% to 20%, and given the supply v demand imbalance, will continue to correct upwards over 2024 as the market finds a new equilibrium.

"Our analysis suggests that the established unit market (townhouses and apartments) will need to continue to reprice upwards (by around 15% to 20%) until the house price hierarchy is once again established. It is at this point that new off the plan apartments will be able to be delivered at price points which again make apartment development feasible."

They said the timing for when this occurs will come down to when rates start to cut and when Government incentives are introduced, but when they are, they say the market needs to prepare for dramatic price increases in new off the plan apartments of +25% to +30% (compared to pre-pandemic prices) over the next 12-18 months across many sub-markets.

<h2>Government Incentives</h2>

Charter Keck Cramer believe there are several essential tools and levers for Government to both avoid and also pull.

"The key tools and levers to avoid include changing negative gearing, changing CGT, introducing rental caps or rental freezes or further increasing any taxes or charges. This will stifle supply, further suffocate investor confidence, and all but ensure the housing targets fail to be achieved."

On the flip side, CKC said there are key tools and levers that are essential that the&nbsp;Government activate so as to stimulate the build to sell apartment markets.

"These include reintroducing off the plan incentives for local and foreign investors, replacing stamp duty with an annual land tax, enticing empty nesters to downsize by removing stamp duty charges and providing rental subsidies to lower income renters.

"Many of these incentives could be introduced for set periods of time until they have the required stimulatory effect on the BTS and BTR apartment markets. Revenue from the supply that is ultimately delivered can then be collected at the back of these projects."

<h2>Downsizers to be incentivized</h2>

Over 2020-2022 the downsizer segment of the BTS apartment market was the best performing segment of the market. This was because the typical downsizer was less impacted by interest rate rises and many increased their asset base via the large increase in the value of their detached house. As a result, they had the option to downsize into an apartment and also have money to fund their retirement. Over the last 6 months, however, a trend has emerged where the downsizer market has started to lock up and stagnate.

This is because the costs of a new apartment in many sub-markets has increased to the point where the price trade-off that made downsizing financially attractive no longer exists. Charter Keck Cramer notes that the costs of a new apartment, when combined with the upfront stamp duty impost for such a dwelling, means downsizers are being asked to downsize into an apartment via a revenue neutral exchange. The response by many downsizers has unsurprisingly been to remain in place and find other ways to support their children and their lifestyles. What is a concern is that our research shows that many downsizer households are under superannuated and will only downsize if they can age in place but also use part of the house sales proceeds to fund their retirement. Government is strongly encouraged to remove stamp duty for downsizers and also bring in further incentives to encourage them to downsize and retire in a financially responsible manner.

<h2>Melbourne's Supply Metrics</h2>

Melbourne’s Central City Region has historically delivered the greatest number of new apartments, due to a favourable planning scheme, the availability of sites and the proximity to tertiary educational institutions. Charter Keck Cramer however noted that Melbourne’s Inner Region demonstrates its growing importance to metropolitan Melbourne’s apartment supply in an evolving market.

Melbourne is forecast to be Australia’s fastest growing capital city over the next 3-4 years. Melbourne’s population growth is forecast to measure around +1.9% p.a. over FY2024-FY2027, supporting demand for additional and diverse forms of dwellings.

Only 2,600 apartments were launched to the market in 2023, the lowest number of&nbsp;launches recorded over the past decade and measures almost 40 per cent below the previous low experienced during the pandemic.

CKC found that the most active region in 2023 was the Inner Region (39% of launches) followed by the Central City (33% of launches). Activity decreased significantly across all regions compared to the 12 months prior.

In 2023, construction commenced on 3,700 apartments, the lowest number of apartment commencements recorded over the past decade and a significant decrease on peak levels recorded during 2015 (22,500).

<img alt="Melbourne" data-entity-type="file" data-entity-uuid="e387c076-3666-4e8a-8901-0992f3edada4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-03-12%20at%202.02.52%20pm.png?VersionId=biRvMfIDMgN1ExxhkUO9wM3G3012E.2e" />

The apartment completions side of the supply metrics were the scariest numbers to read. CKC said that in 2023 completions were at their lowest numbers since 2010.

"As difficult market conditions have dampened launches and commencements, the impact upon completions (and ultimate supply) has well and truly materialised now that any projects that were a legacy of previous cycles have been completed.

"Melbourne is forecast to deliver sub-5000 apartments per annum on average over the coming three years. There are currently 7,700 under construction and due for completion over 2024-2025."

An additional 6,300 are currently being marketed and due to be complete before the end of 2026, however CKC believe a proportion of these projects are likely to be delayed given elevated construction costs and a challenging pre-sale environment.

"Charter Keck Cramer expects Melbourne's apartment market to remain chronically undersupplied for at least the next 2-3 years given current market conditions and the time taken to mobilse and build out high density projects."

<img alt="Melbourne" data-entity-type="file" data-entity-uuid="8b4ffcc2-a632-4c26-8f3a-648c1f27769f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-03-12%20at%202.03.56%20pm.png?VersionId=PDF8HD2YxS1Bvdflf3hH6cKGSew5ziwR" />

<h2>Outlook over 2024</h2>

Charter Keck Cramer concluded by suggesting it will take a lot more than interest rate cuts to stimulate the build to sell apartment market back to life, but also to facilitate them to deliver the unprecedented quantum of apartments required to allow the Federal and State Governments to achieve the aspirational housing targets.

"After considering all the data, our view is that the market will start to turn towards the middle of 2024. Interest rates need to be cut by at least the middle of the year and several incentives need to be introduced immediately to stimulate the BTS apartment markets.

"These are the swing variables as to how quickly the BTS apartment market starts to turn and how quickly the housing and rental crisis is addressed.

"Our research shows that whilst the industry is preoccupied with prices having to increase by +25% to +30% or more for projects to be viable, the biggest risk and one that Government needs to address over the next decade is the shortage of labour required to build out these projects. In this regard, the migration program needs to be changed and tailored to attract key skilled workers into Australia.

"To conclude, the BTS and BTR apartment markets will continue to improve over the course of 2024 and with the market so chronically starved of supply there stands to be a very strong and elastic response as conditions start to improve over 2024 and into 2025."

"After considering all the data, our view is that the market will start to turn towards the middle of 2024," Charter Keck Cramer advised

New apartment projects in Melbourne at lowest levels since 2010, market to turn in mid-2024: Charter Keck Cramer

Prominent townhouse developer Metro Equity PG&nbsp;has doubled down on its townhouse portfolio in Doncaster.

<a href="/developers/metro-equity-0">Metro Equity PG</a>&nbsp;now has three townhouse developments across in&nbsp;<a href="/developments/doncaster-east-vic-3109">Doncaster East</a>. Their latest release,&nbsp;<a href="/new-townhouses/arden-residences-doncaster-east-18-amdura-road-doncaster-east">Arden Residences</a>, are strategically located within the East Doncaster Secondary College and Donburn Primary School zones, which is attracting families to the development.

The townhouses are designed for a large family. Each has four bedrooms across a three-level floorplan. The interiors feature light timber floorboards, custom joinery, concrete-look feature walls, and designer pendant lights.

[smartcode_project:default project_id=142485 project_image_fid=229777]

The open-plan layout connects the kitchen, dining, lounge, and north-facing outdoor areas, providing uninterrupted living and entertainment spaces.

Slim picture windows in the kitchens allow natural light to flood in, accentuating the stone benchtops with mirror splashbacks.

Master bedrooms feature plush carpets, ensuites, study nooks, and walk-in robes, all bathed in abundant natural light.

[smartcode_project:default project_id=142485 project_image_fid=229778]

Arden Residences is located at 18 Amdura Road, just down the road from the Tunstall Square Shopping Centre and a number of parks.

<a href="/developers/metro-equity-0">Metro Equity PG</a>&nbsp;has a string of townhouse and apartment developments across Melbourne and Jakarta, where the company HQ is located.

[smartcode_project_cta:default project_id=142485]

Arden Residences is located at 18 Amdura Road, just down the road from the Tunstall Square Shopping Centre and a number of parks

Doncaster East to welcome new townhouse development, Arden Residences

Developer M3 Group identified Reservoir, the growing suburb 12 kilometres north of Melbourne, as a prime location for their latest collection of contemporary townhouses.

They honed in on a pocket near Ruthven Station, on the fringe of the Reservoir activity centre as well as a stone's throw to Bundoora Park Public Golf Course, where they secured a number of development sites for three new townhouse projects.

Simply named after their street name, <a href="/buildings/48-dundee-st-by-m3-group-48-dundee-street-reservoir">48 Dundee Street</a>, <a href="/buildings/69-hickford-st-by-m3-group-69-hickford-street-reservoir">69 Hickford Street</a> and <a href="/buildings/158-purinuan-rd-by-m3-group-158-purinuan-road-reservoir">158 Purinuan Road</a>, the trio of townhouse collection sit with a few hundred metres of each other.

[smartcode_project:default project_id=142462 project_image_fid=230651]

The townhouses have proven incredibly popular, in a suburb not known for new homes. The five two and three-bedroom townhomes at 48 Dundee Street have sold, while 69 Hickford Street offers just four three and four-bedroom townhomes. Two out of the four have been snapped up.

158 Purinuan Road offers the most affordable product, with four two-bedroom townhouses starting from $779,000.

[smartcode_project:default project_id=142461 project_image_fid=240516]

The townhouses have attracted a number of buyers given its proximity to Melbourne and easy connectivity by train or car.

The location of the townhouses have been a real stand out. They're located a short walk to both Dr&nbsp;Atkinson Reserve and JC Donath Reserve, the latter regional sports park with a skate park, exercise equipment and a kids playground. The Bundoora Park Public Golf Course is a 10-minute drive.

Residents will also have no shortage of food options with numerous eateries nearby, including Tre Bambinis Papillon's Pizza, Hi Italy Pizzeria, and Kusina ni Lola.

[smartcode_project:default project_id=142460 project_image_fid=240501]

The townhomes are just an eight-minute drive to the centre of Reservoir, where the train station is located surrounded by more restaurants, cafes, bars, and a Coles supermarket.

For prospective homebuyers who are looking for a home base that is close to schools, 69 Hickford St is adjacent to Reservoir Views Primary School, with Maharishi Elementary School, Reservoir High School, and the La Trobe University campus in close proximity.

Blair Property's Darren Blair is marketing the townhomes.

<a href="/developers/m3-group">M3 is a one stop shop</a>. The developer builds its own projects through its construction arm, and their <a href="/architects/m3-design">M3 Design</a> team creates them.

[smartcode_project_cta:default project_id=142462]

M3 is a one stop shop. The developer builds its own projects through its construction arm, and their M3 Design team creates them

Inside M3 Group's newest contemporary townhouses in Reservoir

Townhouses have become one of the most sought-after dwelling types in Australia.

They bridge the gap between apartments and houses, in both size and price, and they appeal to probably the widest demographic of any type of home.

Seeing the demand trends for the townhouse product, a number of developers have analyzed the market and produced townhouse developments, the majority of which are catering for that demand in an area which hasn't seen new townhouse stock for a number of years.

We've wrapped up the best townhouse developments currently selling across Melbourne in March 2024.

<h2>Project: Bastings Community</h2>

<h3>Location: 88 Bastings Street, Northcote VIC 3070</h3>

<h3>Developer: Lucent Capital</h3>

Lucent&nbsp;Group's new sustainable townhouse collection in&nbsp;<a href="/developments/melbourne-vic" target="">Melbourne</a>'s inner-city suburb Northcote is one of the most ideally located projects for families across the capital.

<a href="/developers/lucent-capital" target="">Lucent</a>&nbsp;Group, led by Founder and Managing Director&nbsp;Panos Miltiadou, secured the 6,131 sqm site at 84-96 Bastings Street, located in the family-friendly Westgarth neighbourhood near Johnson Park, in 2021.

Since then they've been putting together plans for Bastings, just&nbsp;47 townhouses designed by&nbsp;<a href="/developments/melbourne-vic" target="">Melbourne</a>&nbsp;architecture firm&nbsp;<a href="/architects/kavellaris-urban-design" target="">Kavellaris Urban Design</a>&nbsp;(KUD).

[smartcode_project:default project_id=134979 project_image_fid=231063]

The townhouses offer a mix of configurations, with two, three and four-bedrooms on offer across either two or three-levels.&nbsp;

Arranged in four rows on either side of a pedestrian boulevard off Bastings Street, one of the area's historic residential streets, all 47 townhomes are north-south aligned, with north-facing secluded private courtyards. Those along the fourth row also enjoy sweeping views of the city.

<a href="/new-townhouses/bastings-community-westgarth-88-bastings-street-northcote" target="">Bastings Community</a>&nbsp;is&nbsp;strategically positioned just behind Westgarth Primary School. It's just an eight-minute walk to Westgarth Kindergarten on Clarke Street, while higher educational institutions such as Fafield Primart School, St Anthony's Primary School, Northcote High School adnd Santa Maria College, are all within a two-kilometre radius.

<h2>Project: Early 3191</h2>

<h3>Location: 3-11 George Street, Sandringham VIC 3191</h3>

<h3>Developer: DM Property</h3>

<a href="/developers/dm-property">DM Property</a>'s Sandringham townhouse development, <a href="/buildings/early-3191-sandringham-3-11-george-street-sandringham">Early 3191</a>, is Bayside's most advanced project, set for completion in spring 2024.&nbsp;

Designed by <a href="/architects/rothelowman">Rothelowman</a>, the 35 three and four-bedroom townhouses aim to elevate suburban living in <a href="/developments/sandringham-vic-3191">Sandringham</a> with a focus on natural light, spacious interiors, and high-end features like CDK Marble benchtops, SMEG and Fisher &amp; Paykel appliances.&nbsp;

[smartcode_project:default project_id=138081 project_image_fid=209564]

Sustainability was also a significant consideration in the design process, with features such as solar orientation, solar panels, rainwater tanks, and bicycle storage racks incorporated into the development.

The shared mews enhance the community experience, providing a welcoming passage for residents to enjoy and unwind.

Construction by <a href="/builders/saw-construction">Saw Construction</a> at Early 3191 is well underway and prospective buyers only have a few more weeks to customise their home, which could include a private lift.

<h2>Project: Florenze Terrace</h2>

<h3>Location: 89-101 Lothian Street, North Melbourne VIC 3051</h3>

<h3>Developer: Drake Developments</h3>

<a href="/developers/drake-developments">Drake Developments</a>' new address, <a>Florenze Terrace</a>, brings a distinctive addition to North Melbourne by one of Melbourne's go-to architecture firms, <a href="/architects/nicholas-murray-architects">Nicholas Murray Architects</a>.

Textural planked concrete, wide arches, and symmetrical facades complemented by a carefully considered palette of natural materials characterise the exteriors, blending with the locale's architectural fabric.

<a href="/new-townhouses/florenze-terrace-north-melbourne-89-101-lothian-street-north-melbourne">Florenze Terrace</a> comprises 18 four-bedroom townhouses, commanding broad street frontage for unobstructed views and ample natural light.&nbsp;

[smartcode_project:default project_id=142902 project_image_fid=236596]

Designed for those who appreciate spacious living in an inner-city setting, these townhomes feature multiple living zones, rooftop terraces, expansive retractable doors, ample storage and private garages.

Each townhome has dual living zones, with the studio or theatre rooms seamlessly connected to central living hubs.

Florenze Terrace also prioritises sustainability, aiming for a 6-star energy rating. Rainwater tanks and smart EV charging points were fitted to cater to future and modern environmental considerations.

Construction by builder <a href="/builders/keyway-built">Keyway Built</a> is underway, with move-in anticipated in 2024.

<h2>Project: The Townhomes at Highett Common</h2>

<h3>Location: 37 Graham Road, Highett VIC 3190</h3>

<h3>Developer: Sunkin Property Group</h3>

Following the success of Park House, the first stage of <a href="/new-apartments/highett-common-37-graham-road-highett-vic-3190">Highett Common</a>, Sunkin expands the masterplan with a limited collection of 75 two and three-level townhomes catered to growing families and young couples.

Designed by <a href="/architects/clarke-hopkins-clarke-0">ClarkeHopkinsClarke</a>, the townhouses feature an earthy palette, tactile textures, and practical layouts.&nbsp;

[smartcode_project:default project_id=143259 project_image_fid=243957]

<a href="/new-apartments/highett-common-37-graham-road-highett-vic-3190">The Townhomes at Highett Common</a> have an independent street entry to a private garage, leading to spacious living areas and versatile upper levels.&nbsp;

The family-friendly design extends outdoors with parks, playgrounds, and amenities like a gym, swimming pool, and library in the 10-hectare master plan.&nbsp;

Construction is underway, and residents can expect to move in by mid-2025.

<h2>Project: Kindred Mentone</h2>

<h3>Location: 25 Brindisi Street, Mentone VIC 3194</h3>

<h3>Developer: Sloane Property</h3>

Boutique property developer <a href="/developers/sloane-property">Sloane</a>'s Kindred Mentone is the most architecturally striking off-the-plan development to hit Melbourne's Bayside suburb of <a href="/developments/mentone-vic-3194">Mentone</a>.

<a href="/new-apartments/kindred-mentone-25-brindisi-street-mentone">Kindred Mentone</a> comprises just 10 townhouses designed by award-winning architect <a href="/architects/megowan-architectural">Megowan</a>.

"Kindred Mentone stands out from anything that's been done in Mentone before from an architectural standpoint, but it's also one of few residential sites that faces the park, which makes it difficult to repeat," Jellis Craig Projects Director Stephen Bowtell said.

[smartcode_project:default project_id=138768 project_image_fid=214857]

Each townhouse, priced from $1,295,000, has three bedrooms, a minimum of two and a half bathrooms, and oversized double lock-up garages for a home gym or storage, while a select few feature rooftop decks that take in views over the suburb.

The boutique development sits across the road from Mentone Reserve on Brindisi Street and is located less than 800 metres from the beach, on the cusp of the shopping village, and only 400 metres from the Mentone Train Station.&nbsp;

Kindred Mentone has now just 50 per cent remaining of the 10 townhouses, with demand coming both locally and from out of town.

<h2>Project: 111 Carpenter</h2>

<h3>Location: 111 Carpenter Street, Brighton VIC 3186</h3>

<h3>Developer: Sloane Property</h3>

Sloane also revealed another townhouse development late last year, this time in <a href="/developments/brighton-vic-3186">Brighton</a>'s real estate crown, dubbed 111 Carpenter.

<a href="/new-townhouses/111-carpenter-brighton-111-carpenter-street-brighton">111 Carpenter</a> offers just seven townhomes designed by <a href="/architects/megowan-architectural">Megowan Architectural</a>.

Drawing inspiration from the timeless Art-Deco movement, contemporary design elements shine through, particularly in the bespoke oscillating timber joinery in the kitchen, fireplace shroud, and bathroom.

[smartcode_project:default project_id=7517 project_image_fid=214118]

All seven townhouses are north-facing and have either three or four bedrooms across two of three levels.

The open-plan living area opens through bi-fold doors to private landscaped gardens by <a href="/landscape-architect/john-patrick-landscape-architects">John Patrick Landscape Architects</a>.&nbsp;

Some homes feature a master bedroom on the third level which overlooks neighbouring rooftops. Each home has a double garage.

Sloane is looking to start construction early this year, forecasting completion in mid-2025.

The top six off the plan townhouses in Melbourne selling in 2024

In a positive stride towards a sustainable and environmentally responsible housing solution, leading Melbourne property developer Beulah’s latest project Brunswick Established will become the first heritage townhome community to implement circular living in Brunswick.&nbsp;

Designed <a href="/architects/six-degrees-architects">Six Degrees</a>, by leaders in social and sustainable architecture, <a href="/new-townhouses/brunswick-established-23-hodgson-st-brunswick-vic-3056">Brunswick Established</a> has been designed around the three main pillars of circularity: designing out waste and pollution, keeping products and materials in use and regenerating natural systems.&nbsp;

By taking a circular ecosystem approach, residents of Brunswick Established will reap the benefits socially, economically and environmentally, including lower energy costs and utility bills, a reduction in greenhouse gas emissions and the ability to grow their own produce, to name a few.&nbsp;

<img alt="First-of-its-kind heritage townhomes in Brunswick" data-entity-type="file" data-entity-uuid="0896446a-7650-414e-9b1b-75f8f8fd382f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Brunswick%20Est%20Trop%20Design.jpg?VersionId=2tXgxv8HhIE_VDLkIXX6xYHu4dwvw2H3" />

Beulah Executive Director Adelene Teh said environmental sustainability and the principles of the circular economy are becoming increasingly important.&nbsp;

“At Beulah, we are continually thinking about the future and how lifestyles and ways of living will evolve," Teh.

"While sustainability is the end goal, circularity serves as a crucial step towards achieving it by undertaking practices such as reuse, repurposing, recycling, and remanufacturing.”&nbsp;

Brunswick Established comprises 23 two-storey townhomes, located behind a beautiful heritage facade at 17-23 Hodgson Street. Throughout the construction phase, the project will address the first two pillars of circularity by aiming to recycle and repurpose up to 80 per cent of the existing building on site, currently home to one of the earliest clothing factories in <a href="/developments/brunswick-vic-3056">Brunswick</a> from the 1920s.&nbsp;

<img alt="First-of-its-kind heritage townhomes in Brunswick" data-entity-type="file" data-entity-uuid="e10637b9-d88f-4e4f-afc5-7a74e15aa9c4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Brunswick%20Established.jpg?VersionId=ydOI5tAyssEI67Wgq2io5MynjAUEIe5I" />

Bricks will be recycled and used for paving, while salvaged timber will be repurposed into pergolas. Additionally, all power consumed during construction will be via renewable sources. Collectively, this will not only significantly reduce construction waste but will actively reduce the project’s carbon footprint and reduce embodied carbon from using new materials. Additionally, residents will have access to multiple waste streams to partake in best-practice waste management.&nbsp;

The last pillar, regenerating natural systems, has been weaved into the final design of the townhomes, where residents can reap the benefits firsthand. Each home will be gas and fossil-fuel-free and will include a renewable energy system including solar panels and rainwater harvesting, as well as energy-efficient lighting systems and appliances, and EV Charging. Residents will also have access to an edible garden and composting facilities to assist in the continual growth of produce.&nbsp;

“While the built environment industry is more environmentally conscious, there are still opportunities for further innovation, and now more than ever, developers and architects are taking initiatives to ensure that the projects they embark on leave a better footprint upon completion than before,” says Adelene.&nbsp;

“Brunswick, as a suburb, values sustainability and is astutely eco-conscious, placing importance on durable and lasting design, which is intrinsically evident within the locale. In Brunswick Established, we aspire to explore how we can create the right infrastructure and framework to encourage future residents to live circularly and responsibly.&nbsp;

“It is particularly challenging to work with existing heritage buildings to transform them into sustainable homes that meet relevant standards. However, we believe in investing in thorough research and working closely with the best consultant team to create something unique with hopes of setting a benchmark for future townhome living," she says.&nbsp;

<img alt="First-of-its-kind heritage townhomes in Brunswick" data-entity-type="file" data-entity-uuid="f8f0a7e3-e9cf-4422-91ca-59af9e62104d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Brunswick%20Established%20Site.jpg?VersionId=.TDUWF5HGIMQjDeex299B.Bo0qDLROKV" />

Six Degrees Director Peter Malatt said Brunswick Established is a beautifully unique project and one that this suburb has not seen.&nbsp;

“We have drawn inspiration from the rich history of the site to integrate old and new, using our local knowledge of the area and commitment to social and sustainable design. Brunswick Established is an exemplar of heritage, community and environmental sustainability and we believe this project will contribute to the surrounding community for years to come,” he said.&nbsp;

In line with Beulah’s commitment to community engagement and education, Beulah will be hosting a free community event to raise awareness, specifically in the realms of design and sustainable living. The unique neighbourhood fair, set within an iconic heritage warehouse, will be held on March 16, in partnership with Six Degrees Architects, Thank You, Great Dane and Australian Design Review as well as leading eco-conscious brands including Greenspace, Cirque du Soil, Hey Doodle, Secateur Me Baby, DNJ Paper and many more. Through thoughtful conversations, interactive workshops, and pop-up stalls, the event will explore circular living and the future of sustainability.&nbsp;

[smartcode_project_cta:default project_id=136451]

Beulah Executive Director Adelene Teh said environmental sustainability and the principles of the circular economy are becoming increasingly important

First of its kind heritage townhomes in Brunswick to implement circular living at scale 

Glen Iris in Melbourne's inner east is well known for its leafy streets, charming period homes, and family-friendly atmosphere.

Developer <a href="/developers/lk-property-group">LK Property Group</a>, led by billionaire NBL owner Larry Kestelman, identified a small pocket where they knew future residents of their recently launched townhouse development, Lori, would be able to take advantage of the best <a href="/new-townhouses/glen-iris-vic-3146">Glen Iris</a> has to offer.

In 2021 they snapped up an unusually shaped 1,120 sqm site on Malvern Road, an irregular site which allowed for a creative design of eight townhouses set well back from the street.

[smartcode_project:default project_id=114100 project_image_fid=246532]

Lori, at 1610 Malvern Road, sits opposite a direct laneway through to Gardiners Creek where there's the Gardiners Creek Trail, a 40-minute trail to the city, as well as Nettleton Dog Park and Howard Dawson Reserve.

Just 500 metres down Malvern Road is the popular independent craft brewery Deeds Brewery, as well as the Glen Iris Station, connecting future Lori residents to the city in around 20 minutes.

On the way to the station is Platform Espresso, the popular commuter coffee stop, while just past the station is the hospitality strip on Malvern Road. There's&nbsp;That Greek Tavern, Pimento Thai Cuisine, Beans Republique, bagels and pastries at 3146 Bagels or AM Bakehouse, Italian pizza at Teo's, dinner at Hen's House, and a nightcap at Milton Wine Shop. They all sit within less than 500 metres from Lori.

Glen Iris is a well established, family friendly community, and with that comes excellent schools. The likes of Caulfield Grammer, Sacre Coeur, Auburn High, and Korowa Anglican Girls' School which all feature in the states top 10 per cent best schools list.

There's close physical amenity in the form of&nbsp;the TH King Oval, the aforementioned Gardiners Creek Trail, Gardiner Tennis Court, and Harold Holt Pool, which is just over one kilometre away from Lori.

Lori will be inkeeping with the wider Glen Iris community. The&nbsp;100-year old trees on the site will be preserved, creating a tree canopy from Lori's master suites located on the upper level

Each Lori townhouse will have three bedrooms across two levels, as well as parking for two cars.

[smartcode_project:default project_id=114100 project_image_fid=246531]

Award-winning architectural practice&nbsp;<a href="/architects/megowan-architectural">Megowan</a>&nbsp;has designed&nbsp;<a href="/new-apartments/lori-glen-iris-1610-malvern-road-glen-iris">Lori</a>.

Every part of the house is smartly designed, with careful thought put into every square metre for usability. The space under the stairs turns into a concealed study nook that opens to the living space.

The Miele-appointed kitchens feature a highly functional and adaptable open cupboard with plenty of storage space. The location of the kitchen&nbsp;allows for entertaining from the kitchen's terrazzo and natural stone benchtops to flow into the dining and living spaces.

Immerse Constructions is currently building Lori, which is slated for completion in Q4 2024.

[smartcode_project_cta:default project_id=114100]

Lori, at 1610 Malvern Road, sits opposite a direct laneway through to Gardiners Creek where there's the Gardiners Creek Trail, a 40-minute trail to the city, as well as Nettleton Dog Park and Howard Dawson Reserve

Family friendly and surrounded by nature: Lori's supreme location in Glen Iris

Melbourne's north east suburb of Northcote offers something for every buyer.

The <a href="/new-townhouses/northcote-vic-3070">inner-city suburb</a>, just seven kilometres from the heart of <a href="/new-townhouses/melbourne-vic">Melbourne</a>, draws the young professional thanks to its lively bar and restaurant scene, as well as the young and established families, given the extensive schooling and village lifestyle.

Developer <a href="/developers/lucent-capital">Lucent Capital</a> has created a product for the latter with their new Northcote townhouse development, <a href="/new-townhouses/bastings-community-westgarth-88-bastings-street-northcote">Bastings Community</a>.

Bastings Community comprises 48 architecturally designed townhouses by <a href="/architects/kavellaris-urban-design">Kavellaris Urban Design</a> (KUD). Billy Kavellaris has designed 47 individual floor plans, so no two townhouses are the same.

[smartcode_project:default project_id=134979 project_image_fid=231078]

The family buyer was considered from the outset of the development, when Lucent Capital was identifying the perfect location which would suit families.

The project sits on Bastings Street, one of Northcote's most charming and oldest residential streets.

Bastings Community, at 88 Bastings Street, is&nbsp;strategically positioned just behind Westgarth Primary School. It's just an eight-minute walk to Westgarth Kindergarten on Clarke Street, while higher educational institutions such as Fafield Primart School, St Anthony's Primary School, Northcote High School adnd Santa Maria College, are all within a two-kilometre radius.

[smartcode_project:default project_id=134979 project_image_fid=231064]

Families also love parks. They're the easiest day out for a family, and Bastings Community is set in the heart of a number of large parks.

Johnson Park is the closest, 450-metres from the project. That features a playground and large open grass spaces for sport and picnics.

Additional nearby parks and playgrounds include Derby Reserve Playground, McDonell Park, All Nations Park, Oldis Gardens, The Merri Creek Trail along Bill Lawry Oval, and The Westfield Reserve.

Lucent had&nbsp;Kavellaris also create a large centralised communal space within Bastings Community, to foster a sense of community among future residents.

[smartcode_project:default project_id=134979 project_image_fid=231079]

Mornings at Bastings Community can start with coffee and breakfast or lunch options from the family and pet-friendly Red Door Corner Stone, just a quick six-minute walk from the front door.

Later on the day, the century-old Fairfield Boathouse is a popular choice for lunch or dinner on the banks of the Yarra River and surrounded by native bushland.

Residents can savour their picnics on the lawn, barbecue in the public area, or enjoy the panoramic views from the top-floor verandah while taking advantage of the freshly made fare from the tea room, grill, and kitchen.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/G4im_OEGP7s?si=zsXVRT77FgxueVKk" title="YouTube video player" width="560"></iframe>

Easily recognisable with its imposing Victorian-era facade, the 1854 Peacock Inn at the corner of Bastings and High Streets stands as one of the area's grandest, oldest, and most renowned pubs.

The Peacock's front room is perfect for dinner with friends or a Sunday lunch with family, while the multi-screen sports lounge is the ideal spot to watch teams in action, challenge others at the pool, or indulge in arcade games.

Another local gem is the heritage-listed and oldest operating purpose-built cinema in Melbourne, The Westgarth, offering an alternative entertainment option to mainstream multiplexes.&nbsp;

Housed in an Art Deco building, it now features five cinemas and two bars open day and night for pre- or post-movie drinks and snacks.

Bastings Community offers a diverse selection of two, three, and four-bedroom plans, the majority spanning four interconnected levels. Each residence includes a private, lockable basement garage with up to 30 sqm of multipurpose space, while those in the fourth row enjoy sweeping city views.

The development is slated for completion in October 2025.

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The family buyer was considered from the outset of the development, when Lucent Capital was identifying the perfect location which would suit families

Why Northcote's Bastings Community offers the perfect inner-city family location

The largest townhouse community in Glen Waverley has experienced overwhelming demand, with Golden Age selling over 70 per cent of townhouses within its Floret development.

Comprised of 77 architecturally designed homes, <a href="/buildings/floret-glen-waverley-583-ferntree-gully-road-glen-waverley">Floret</a> has been popular with young families, downsizers and first-home buyers due to its entry $1.26 million price point - a significantly more attainable price 
than the suburb's $1.7 million median.

Designed by <a href="/architects/rothelowman">Rothelowman</a> and <a href="/landscape-architect/aspect-studios">Aspect Studios</a>, the same team that brought Golden Age's Sky Garden to life,&nbsp;the townhomes boast an expansive central open space that spans 1000 sqm, including an open lawn with a walking track, and facilities such as a fitness station, barbecue and picnic area and a children’s play area.

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<a href="/developers/golden-age-group">Golden Age</a> Development Director, Damien Hehir, said the team is very proud of how well Floret has been received by the market.

“These luxury townhomes are in demand as we are catering to what the market and neighbourhood needs," Hehir said.

"<a href="/new-townhouses/glen-waverley-vic-3150">Glen Waverley</a> is dominated by family homes, and our success from our other Glen Waverley project, Sky Garden, lends to our track record with Floret in providing the neighbourhood with architecturally-designed residences, curated for a number of buyer demographics.”

[smartcode_project:default project_id=104680 project_image_fid=207722]

The layout for each townhome is conducive for multi-generational living with ensuite ground-level bedrooms featuring courtyard access for greater privacy, while the kitchen and living areas serve as communal family space.

Additionally, with home offices being a necessity, the three-level townhome offers residents the much needed separation between the workspace level and the higher level living area.

[smartcode_project:default project_id=104680 project_image_fid=207713]

As the cost of living continues to rise, prospective buyers are looking for investments that meet multiple criterias, addressing a range of needs. The array of resident amenities at Floret complements its appeal, enhanced by its proximity to Monash University and The Glen Shopping Centre, creating a <a href="/new-townhouses/glen-waverley-vic-3150">close-knit community</a>.

&nbsp;Figurehead Construction has been making headway on site at 583 Ferntree Gully Road with all civil works and roads now completed. Construction of the homes commenced at the end of last year and are on-track to be delivered in Q1 2025.

[smartcode_project_cta:default project_id=104680]

Construction of the townhomes at Floret commenced at the end of last year and are on-track to be delivered in Q1 2025.

Golden Age sells 70 per cent of Glen Waverley townhouse project, Floret

Boutique townhouse developer Sloane Property Group has seen a great response to their architecturally-striking townhouse development in Mentone on Melbourne's Port Phillip Bay.

They've now just 50 per cent remaining of the 10 townhouses, with demand coming both locally and from out of town.

There was one expat purchaser, a successful business person, who secured one of the townhomes, having previously secured an off the plan townhouse designed by <a href="/architects/megowan-architectural">Megowan Architectural</a> a few years ago.

<a href="/project-marketer/jellis-craig-projects">Jellis Craig Projects</a> Director Stephen Bowtell, who is selling Kindred <a href="/new-townhouses/mentone-vic-3194">Mentone</a>, said the buyer knew the quality of the designs Chris Megowan puts together, while the track record of Sloane added further confidence.

[smartcode_project:default project_id=138768 project_image_fid=214858]

Each townhouse at&nbsp;<a href="/new-apartments/kindred-mentone-25-brindisi-street-mentone">Kindred</a>&nbsp;has&nbsp;three bedrooms, while a select few feature rooftop decks which take in views over the suburb.

They all have oversized double lock up garages, ideal for a home gym or to store bikes and paddle boards

[smartcode_project:default project_id=138768 project_image_fid=214862]

Adam <a href="/developers/sloane-property">Sloane</a>, Sloane Director, said it's been a great response from the market.

"We've had over 600 enquiries at the project, in an area not particularly well known for off the plan development," Sloane says.

"With a 100 per cent track record of delivering townhouse, and the fact it's getting harder and harder to make projects stack up now, it gives our buyers confidence to move ahead with a purchase."

[smartcode_project:default project_id=138768 project_image_fid=214860]

The location of Kindred has been one of the key selling points.

Located on Brindisi Street directly opposite a reserve with an oval, playground, and a garden, Kindred is just a few streets away from Mentone Beach, Mentone Racecourse Reserve, and Mentone's local retail strip, Mentone Parade.

<a href="/news/vic/the-coastal-charm-of-mentone-where-lifestyle-meets-location">The coastal charm of Mentone: Where lifestyle meets location</a>

The sales success has triggered Sloane to appoint local builder Level 10 who specializes in townhouse developments. They will kick off construction within the next few weeks, with a completion date expected toward the end of 2025.

Sloane has created a niche of developing architecturally-driven townhouses across Melbourne. Sloane and Megowan have worked on a number of projects together over the last decade with a 100 per cent delivery rate.

[smartcode_project_cta:default project_id=138768]

The sales success has triggered Sloane to appoint local builder Level 10 who specializes in townhouse developments

Melbourne off the plan townhouses

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