Strategic government planning will be crucial in addressing the ongoing supply/demand imbalance in Brisbane’s residential market, as new supply continues to lag.

That’s one of the conclusions from a new CBRE market analysis, which highlights positive fundamentals but ongoing challenges for both the Brisbane and broader South East Queensland residential market.

[smartcode_project:default project_id=136432 project_image_fid=5479]

While 5,600 apartments and townhouses are projected to be completed in Brisbane this year – up from an average of 3,500 in the five years to 2024 – CBRE Research Director Craig Godber said this figure had been somewhat inflated by project delays, which had shifted some anticipated 2024 completions into 2025.

Godber noted that recent completion levels were also well below the peak period in 2016 and 2017 when annual additions averaged around 12,500 units and townhouses.

“Brisbane's residential market is experiencing unprecedented growth, with demand outstripping supply," Godber said.

"Strategic planning by the State Government is crucial in addressing this imbalance and ensuring sustainable development."

Godber noted that low supply levels had translated into an extended period of low vacancy rates, with Brisbane’s metropolitan vacancy being at or below 1.5% since early 2021 and hitting 0.9% as at March this year.

These tight market conditions are evident across all city precincts.

[smartcode_project:default project_id=149098 project_image_fid=330588]

Looking ahead, adjusted additions between 2025 and 2029 are forecast at 23,200 dwellings, or 4,600 per annum, with 60% of these expected to be concentrated in Brisbane’s inner city.

“Brisbane’s low vacancy rate highlights the urgent need for additional residential supply and the forecasted growth in dwelling completions is a positive step towards meeting this demand,” Godber said.

[smartcode_project:default project_id=7574 project_image_fid=3770]

CBRE Metropolitan Investments Director Will Carman said Brisbane’s population expansion and strong demand fundamentals were driving interest in city development sites, but he noted that developer attitudes were shifting.

“As construction pricing continues to climb, developers are becoming more discerning. The focus has shifted toward delivering high-quality, well-located residential communities that can withstand market pressures and meet long-term demand,” Carman said.

He also noted the issue of affordability, with Brisbane’s median house price having crossed the $1 million mark.

“This reflects not only the city’s strong fundamentals and sustained demand, but also the growing challenge of affordability - particularly for first-home buyers. This price growth underscores the importance of strategic planning and quality development to meet evolving market expectations,” Carman said.

Developer focus shifts to high-quality, well-located residential communities that can withstand market pressures and meet long-term demand, new CBRE analysis shows

Joel Robinson

Challenges and opportunities in Brisbane’s residential market as supply lags

Not only is growth in Brisbane’s unit market lasting longer, it’s also getting stronger.

In August, unit values climbed a further 1.3 per cent, one of the strongest monthly results the Queensland capital has recorded in 2025, pushing the median unit value beyond $740,000, according to Cotality’s latest Home Value Index.

Over the rolling quarter, unit values surged 3.9 per cent, and are now 11.1 per cent higher year-to-date,&nbsp;making Brisbane the strongest-performing capital city unit market in the country.

The city’s apartment sector is also comfortably outpacing detached housing in 2025. House values rose 1.2 per cent in August to reach a median of $1.04 million, but quarterly growth was softer at 2.9 per cent, with an annual gain of just 7.3 per cent.

This widening divergence highlights the relative affordability of apartments and the intensifying demand for medium-density housing amid constrained supply,&nbsp;a trend reshaping Brisbane’s property market.

&nbsp;

<h2>What happened in Brisbane’s off the plan apartment market in August?</h2>

It was a busy month in Brisbane's off the plan property market, with new projects coming to the market, new projects and approved, and some hitting major construction milestones.

&nbsp;

Gold Coast developer <a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Property Group</a> revealed its debut Brisbane apartment development to the market, starting to take expressions of interest for&nbsp;<a href="https://www.apartments.com.au/new-apartments/symphony-south-brisbane-21-23-cordelia-street-south-brisbane-qld-4101">Symphony</a>&nbsp;in South Brisbane.&nbsp;

The 138-apartment development, part of Sherpa’s affordability-focused Flourish brand, is located near Fish Lane and aims to deliver quality homes at more accessible price points.&nbsp;

[smartcode_project:default project_id=7574 project_image_fid=3444]

Symphony’s one-, two-, and three-bedroom apartments will start from $655,000, with eligible first-home buyers benefiting from Queensland’s new stamp duty exemptions.&nbsp;

Over 1,400 sqm of communal amenity, including workspaces, rooftop pool, wellness centre, and private dining, will support a lifestyle-driven community.&nbsp;

Read more: <a href="https://www.apartments.com.au/news/qld/sherpa-opens-pre-release-for-debut-brisbane-apartment-development-symphony">Sherpa opens pre-release for debut Brisbane apartment development, Symphony</a>

Two new project launches in the same month is something Brisbane hasn’t seen in years. Joining Symphony at launch was <a href="https://www.apartments.com.au/new-apartments/banksii-east-brisbane-169-wellington-road-east-brisbane-qld-4169">BANKSII</a>, a 72-apartment development rising opposite Raymond Park in East Brisbane

To be developed by joint venture partners <a href="https://www.apartments.com.au/developers/core-property-partners">Core Property Partners</a> and <a href="https://www.apartments.com.au/developers/vector-property">Vector Property</a>, BANKSII has been designed by&nbsp;<a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a>&nbsp;to reinterpret and integrate the flow of the&nbsp;native Banksia flower into the architecture.

The rooftop will include a suite of wellness amenities including a pool, sauna, gym, and alfresco spaces.&nbsp;

[smartcode_project:default project_id=136432 project_image_fid=5476]

&nbsp;

With the Kangaroo Point Green Bridge, The Gabba, and Cross River Rail all within walking distance, BANKSII is poised to benefit from Olympic precinct investment in the lead-up to 2032.

Read more: <a href="https://www.apartments.com.au/news/qld/banksii-sales-launch-in-booming-east-brisbane-apartment-market">BANKSII sales launch in booming East Brisbane apartment market</a>

August saw major construction milestones achieved both in and out of the city.

<a href="https://www.apartments.com.au/developers/sekisui-house-australia" target="">Sekisui House</a>&nbsp;celebrated the completion of the Uno building at West Village, unveiling its largest apartments, up to 347 sqm internally, as part of <a href="https://www.apartments.com.au/new-apartments/the-allere-collection-west-village-mollison-street-west-end" target="">The Allere Collection</a>.&nbsp;

[smartcode_project:default project_id=114215 project_image_fid=5698]

Positioned in one of Brisbane’s most mature masterplanned precincts, the new residences target the undersupplied upper end of the market, offering rooftop gardens, pools, and pet-friendly amenities like the Paw Pavilion.&nbsp;

The Uno tower follows strong interest in its sold-out sister building Duo, due for completion in late 2025.

Read more: <a href="https://www.apartments.com.au/news/qld/sekisui-house-unveils-allere-unos-largest-apartments-as-building-completes">Sekisui House unveils Allere Uno's largest apartments as building completes</a>

At <a href="https://www.apartments.com.au/developments/rochedale-qld-4123">Rochedale</a> in Brisbane’s south, <a href="https://www.apartments.com.au/developers/metro-property-group">Metro Property Group</a> also marked a key construction milestone at Citrine Townhomes, with stage one now in the defects phase and full completion of all building works.&nbsp;

Stages one and two are fully sold out, while the recently launched stage three has just 10 four-bedroom homes remaining, priced from $1.125 million.&nbsp;

[smartcode_project:default project_id=136295 project_image_fid=2663]

Across the three stages, <a href="https://www.apartments.com.au/new-townhouses/citrine-townhomes-rochedale-311-gardner-road-rochedale-qld-4123">Citrine Townhomes</a> will deliver 90 three and four-bedroom homes with landscaped resident amenities, including a pool and BBQ area.&nbsp;

Settlements for stage one are expected to commence from October 2025.

Read more: <a href="https://www.apartments.com.au/news/qld/first-stage-of-townhouses-at-citrine-rochedale-reaches-completion-milestone">First stage of townhouses at Citrine Rochedale reaches completion milestone</a>

Builder-developer <a href="https://www.apartments.com.au/developers/mcnab-developments">McNab</a> is expected to launch its new West End project after receiving development approval from the Brisbane City Council in August.

The new development,&nbsp;<a href="https://www.urban.com.au/new-apartments/tannery-residences-439-montague-road-west-end-qld-4101">The Tannery Residences</a>, will see the historic Dixon's Tannery reimagined into a 10-level apartment building that will&nbsp;integrate the original 19th-century building into a resident wellness hub dubbed The Retreat, featuring a sauna, plunge pools, gym, Pilates studio, and co-working areas.&nbsp;

<img alt="McNab secures approval to transform West End's Dixon’s Tannery into The Tannery Residences" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/McNab%20The%20Tannery_Render_09.jpg?VersionId=Ucpd19J0ABOpzetZ.BsyYmS_x2N2QV_g" />

The 81 residences, ranging from two to four bedrooms, will be complemented by expansive rooftop amenities, including a pool, dog-friendly zones, and outdoor dining.&nbsp;

McNab plans to begin construction in Q3 2025, with completion expected by late 2027.

Read more: <a href="https://www.apartments.com.au/news/qld/mcnab-secures-approval-to-transform-west-ends-dixon-s-tannery-into-the-tannery-residences">McNab secures approval to transform West End's Dixon’s Tannery into The Tannery Residences</a>

&nbsp;

One of the largest applications the local council has seen in years hit the new apartment pipeline in August.

Verso Development filed plans for Toowong Central, a $1 billion precinct across three towers delivering 1,100 apartments to Brisbane’s undersupplied inner-west.&nbsp;

&nbsp;

&nbsp;

<img alt="$1 billion Toowong Central to deliver 1,100 apartments to undersupplied Brisbane market" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/architecture.png?VersionId=G7zTAAtY9Nj3muYKNSFxD_dzEWMqRn3X" />

Designed by <a href="https://www.apartments.com.au/architects/kerry-hill-architects">KHA</a>, the scheme includes short-term accommodation and a civic plaza, and aims to reclaim <a href="Toowong">Toowong</a>’s identity with subtropical urbanism and integrated public realm outcomes.

Read more: <a href="https://www.apartments.com.au/news/qld/1-billion-toowong-central-to-deliver-1-100-apartments-to-undersupplied-brisbane-market">$1 billion Toowong Central to deliver 1,100 apartments to undersupplied Brisbane market</a>

City Beat August 2025: Brisbane unit values surge again in August, as two new apartment developments launch to market

Summit &amp; Ridge, the fourth stage of Sekisui House Australia's Sanctuary in Wentworth Point, secured a flurry of sales at its recent launch.

More than 80 per cent of purchasers of&nbsp;<a href="https://www.apartments.com.au/new-apartments/summit-ridge-at-sanctuary-wentworth-point-14-16-hill-road-wentworth-point-nsw-2127">Summit &amp; Ridge</a>&nbsp;were owner occupiers, underlining the strong demand from buyers looking to live within the new&nbsp;riverfront community. Over 40 apartments were sold valued at $46.5 million within three hours of the launch event, with an average price of $1.107 million.

“Buyers appreciated the larger layouts in this stage and the sense of space Summit &amp; Ridge offers,"&nbsp;said Matthew Landa, Senior Sales Executive – Apartments &amp; Mixed-Use Developments.

"The combination of generous apartments, exclusive amenities and unique position on the Parramatta River peninsula helped with sales. Many told us they could picture themselves living here, it is a place that feels established, green and connected, yet private."

The launch drew interest from local buyers within a 5km radius, as well as repeat purchasers from previous Sanctuary stages, with 15 per cent of buyers upgrading their property portfolio through Sekisui House Australia’s Rewards Program. Purchasers also came from the Lower North Shore, Oatlands and the Inner West, highlighting the project’s broad market appeal.&nbsp;

<img alt="Summit &amp; Ridge at Sanctuary, Wentworth Point" data-entity-type="file" data-entity-uuid="1166d1aa-e075-429c-a1f4-4861cad140e3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/2417_TheSanctuary_02_EXT_Podium.jpg?VersionId=E37Ym7TBhQX4VFKnFNDwccSiDLp81KZA" />

Comprising 488 apartments across Summt (39 levels), and Ride (32 levels), the first sales release focused exclusively on one and two-bedroom residences, priced from $720,000 to $1.3 million. One-bedroom apartments were popular, with purchasers valuing their limited supply, pricing and uninterrupted views across the Newington Nature Reserve, Parramatta River and picturesque views across the Blue Mountains.

Summit &amp; Ridge enjoys an enviable position on the <a href="https://www.apartments.com.au/developments/wentworth-point-nsw-2127">Wentworth Point</a> peninsula, the only built environment north of Hill Road, surrounded by water and a nature reserve. The project’s Neighbourhood Green, a 1.5-hectare landscaped parkland running through the heart of Sanctuary will also open soon.

The towers by acclaimed architects <a href="https://www.apartments.com.au/architects/turner-studio">TURNER</a> are defined by organic, sculptural forms that frame views, guide movement and enhance the connection between nature and the city, a design approach that ensures Summit &amp; Ridge will become a striking architectural marker within Sydney’s skyline.

<img alt="Summit &amp; Ridge at Sanctuary, Wentworth Point" data-entity-type="file" data-entity-uuid="49e681c8-af8e-4623-aa60-7573acaade7e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/CGI1.png?VersionId=EkqjP9veHDeZaSeXkN8p1aOUW79nLdVv" />

Summit will feature resident-only amenities on level 29 including a resort-style pool and sauna, while Ridge offers an outdoor cinema, sunset bar and dining space on level 23. At the base of Ridge, a 110-place childcare centre will further support growing families, reinforcing the masterplan’s focus on lifestyle and community.

The interiors in the project by <a href="https://www.apartments.com.au/interior-designers/henderson-co">Henderson &amp; Co.</a>, were inspired by the “natural elegance” of Sanctuary’s landscape setting, with efficient Japanese design principles enhancing space and light throughout the homes. 
&nbsp; 
“The fact that sales were achieved so quickly shows the strength of demand for quality, well-designed apartments in Sydney,"&nbsp;Landa added.

"Owner occupiers in particular see the long-term value of being part of a master planned community delivered by Sekisui House Australia, and that trust has been a major driver behind this success."

Sales momentum was further supported by the current downward trend in interest rates, creating favourable conditions for buyers.

<img alt="Summit &amp; Ridge at Sanctuary, Wentworth Point" data-entity-type="file" data-entity-uuid="31591500-e65c-44d6-aa48-35310a7bd45b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/HERO_CASE%20STUDY%20A_1.jpg?VersionId=DiE.Zk1g8Rfb1fRmMMe_0r6oa55oYsAb" />

The recent completion of the third stage of Sanctuary, Laguna &amp; Glade,&nbsp;has further reinforced purchaser confidence, giving buyers a first-hand view of Sekisui House Australia’s build quality and design execution.

Nearby amenities include Marina Square Shopping Centre, Wentworth Point High School, ferry terminal, train station and the future Parramatta Light Rail.&nbsp;

Three and four-bedroom apartments will be released at future launches. &nbsp;Construction is anticipated to commence in Q4 2025 and completed by Q3 2028.

Every apartment in Summit &amp; Ridge will carry a 4 Gold Star iCIRT rating, an independent NSW Government-backed accreditation for integrity, capability and financial stability, giving buyers confidence they are investing in a home built to last.

[smartcode_project_cta:default project_id=144917]

Owner occupiers drive $46.5 million launch success at Summit & Ridge, Wentworth Point

Plans to transform the former VicRoads site in Kew are progressing with four shortlisted developers invited to submit their proposals for the site.

<a href="https://www.apartments.com.au/developers/riverlee">Riverlee</a>, <a href="https://www.apartments.com.au/developers/lendlease-development">Lendlease Development Pty Ltd</a>, <a href="https://www.apartments.com.au/developers/mirvac">Mirvac Group</a> and a <a href="https://www.apartments.com.au/developers/milieu-property">Milieu</a>-led consortium have been invited to participate in the Request for Proposal (RFP) process to deliver much needed housing at 60 Denmark Street, Kew.

Acting Executive General Manager Housing, Nemesia Kennett, said the RFP stage follows a strong response to the initial Expression of Interest (EOI) campaign.

"Denmark Street, Kew, presents a unique development opportunity which has attracted high caliber developers well qualified to transform the site,"&nbsp;Kennett said.

“Each shortlisted developer brings a depth of expertise and proven track record in delivering quality housing projects, achieving excellence in design and community outcomes. We’re looking forward to seeing the shortlisted developers' proposals and understanding how they will deliver the best outcomes for the community if successful."

Local views and priorities for the site were captured in a Community Aspirations Report that will guide the next stage of the development process.

"The report found overwhelming community support for redevelopment of the site and recognition of the urgent need for more homes in Kew,"&nbsp;Kennett added.

“Feedback also highlighted opportunities to revitalise public areas, improve walking and cycling connections, create more green open space, and celebrate the site's heritage, including its rail history and Wurundjeri cultural stories.”

Development Victoria will continue to communicate with the Boroondara Council and the local community throughout the transaction process.

A preferred development partner will be confirmed in 2026, following a thorough assessment of proposals.

Developers shortlisted to deliver housing in Kew

Builder-developer ALAND has drawn back the curtain on its first city-focused new apartment development.

The North Sydney development, <a href="https://www.apartments.com.au/new-apartments/the-walden-north-sydney-173-179-walker-street-north-sydney-nsw-2060">The Walden</a>, is the first time the company has ventured this close to the city, having previously completed thousands of apartments predominantly in Sydney's west, and more recently in Gosford.

<a href="https://www.apartments.com.au/developers/aland">ALAND</a> acquired the prime North Sydney site, spanning Walker and Hampden Streets just down the road from the Victoria Cross Metro station, for $240 million in June.

Now they've unveiled the new project, a mix of one-, two-, three- and four-bedroom apartments across a 30-level building designed by Rothelowman.

[smartcode_project:default project_id=134323 project_image_fid=6384]

The Walden will capitalise on the site’s front-row position on the eastern fringe of the <a href="https://www.apartments.com.au/developments/north-sydney-nsw-2060">North Sydney</a> CBD, which offers uninterrupted Sydney Harbour views stretching from the Sydney Harbour Bridge all the way to Sydney Heads.

The main tower will be flanked by a small four-level amenity building known as The Pavilion, offering exclusive resident-only amenities including a dedicated concierge service, a sauna and private wellness studio, a gymnasium and fitness studio, a resort-style rooftop pool and sundeck.

There will also be a&nbsp;residents’ lounge, private dining and a wine cellar, and co-working facilities with an on-site meeting room and boardroom.

&nbsp;

&nbsp;

[smartcode_project:default project_id=134323 project_image_fid=6382]

ALAND Founder Andrew Hrsto said the company knew they could create something "iconic" with The Walden when they saw the site.

&nbsp;

“As a company, we had been searching for a site in one of Sydney’s blue-chip locations, spanning the Eastern Suburbs, the Sydney CBD and the North Shore, and when we had the opportunity to purchase this site, we immediately recognised that it could be something iconic – being the last development with a view offering this exceptional.

“We identified the attributes and quality of the site as being perfectly aligned for ALAND – and we feel that this off-market acquisition is a perfect opportunity to showcase our craftmanship and expertise through a truly unique offering."

[smartcode_project:default project_id=134323 project_image_fid=6399]

Hrsto pointed to ALAND’s longstanding development expertise as a significant benefit in delivering a positive outcome for The Walden.

“Being a fully integrated development and construction business with a highly experienced team, we have the benefit of in-house experts across the development spectrum, from acquisitions, design, planning, and construction, to sales, marketing, property management, through to building management.

“As one of Australia’s largest private development and construction groups, we’ve been in operation for 23 years, with a Gold Star iCIRT rating and a 100 per cent delivery success rate across numerous masterplanned and mixed-use projects – and we’re very much looking forward to bringing this expertise to The Walden and contributing to the ongoing revitalisation of North Sydney."

The Walden is the latest development in Sydney to have the 10-year Latent Defects Insurance policy by Resilience Insurance, protecting buyers from any structural or waterproofing-related issues for 10 years post-completion.&nbsp;

Demolition of existing structures on The Walden site has already commenced through specialist civil contractor Moits, with the aim of completing preparatory ground works by the end of 2025, ahead of construction commencement in early 2026.

[smartcode_project_cta:default project_id=134323]

ALAND unveils The Walden, North Sydney's latest luxury apartment development

Miami

A private local developer is set to develop&nbsp;a rare new luxury low-rise apartment block in the Gold Coast&#39;s Miami.

The boutique residential development, dubbed SANA, at 5-7 Hythe Street, sits on an amalgamated double block totalling 974 sqm, on the prized eastern side of the Gold Coast Highway.

The developers, a collection of local business people and entrepreneurs, engaged Plus Architecture to create to the four-storey building, which will home just 12 apartments.

<a href="/new-apartments/sana-5-hythe-street-miami-qld-4220"><img alt="" height="1224" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-29_at_2.12.14_pm.png" width="1978" /></a> 
A render of the proposed development at 5-7 Hythe Street, Miami. Image credit: Plus Architecture&nbsp;&nbsp;

SANA has been conceived as a sophisticated, modern take on a surf shack by Plus, who created a number of different configurations, including two beach homes across the ground level, each with three bedrooms.

Four apartments will feature across both levels one and two, with Sana topping out with two penthouse apartments on level three, with each apartment is arranged to maximise views to the Miami coastline and beyond.

Crowning the development, the rooftop will have a communal pool deck as well as two private terraces, each with their own pool.

<a href="/new-apartments/sana-5-hythe-street-miami-qld-4220"><img alt="" height="1194" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-29_at_2.12.29_pm.png" width="2084" /></a> 
A render of the proposed development at 5-7 Hythe Street, Miami. Image credit: Plus Architecture&nbsp;&nbsp;

Plus noted in their submission to the local council that SANA is a boutique development that celebrates the relaxed lifestyle of Miami, Gold Coast.

&quot;A paired back material palette consisting of off-form concrete, aluminium &amp; timber look battens provides an honest yet refined architectural form, that rhythmically follows its surrounding landscapes.

&quot;At a pedestrian scale, landscaping softens the built form and plays background to the raw material palette.

&quot;Fixed screening to all elevations further plays on the soft architectural language, as well as providing appropriate privacy + solar shading.&quot;

Several high frequency bus routes service the area, as well as a number of established active transport routes, with dedicated cyclist and pedestrian facilities along Marine Parade connecting the site to Broadbeach, Mermaid Beach and other surrounding suburbs. Sana residents will also benefit from the future Miami Light Rail Station.

Conceived as a sophisticated surf shack by Plus Architecture, the four-storey building is made up of 12 residences in total.

alisonwarters@gmail.com

First look: Miami set for rare new apartment development, SANA

The 19-storey Miami beachfront tower sought by DD Living has been approved by Gold Coast council.

The $105-million beachfront apartment tower has been recently marketed as the Alba North Burleigh at the 264 The Esplanade site in anticipation of the approval.

The Bureau Proberts-designed project has apartments priced from $2.25 million through David Devine&#39;s DD Living.

The 30-unit apartment tower on The Esplanade had been scaled down from 22 storeys since its initial application in 2019.&nbsp;

The building height still sits above the suburb&rsquo;s level under the City Plan with its 17th storey aligning with the 53 metre code assessable building height.&nbsp;

[smartcode_project:default project_id=100278 project_image_fid=189549]

There were 255 objections from owners in the nearby Mariner Shores apartment complex, according to the Gold Coast Bulletin.

The slender tower with a typical 505sqm floor plan will &shy;replace the 1960s three-storey walk-up on the 1012sqm holding.

The council report said the proposal was 59.6m in height.&nbsp;

The development is located within the Urban neighbourhood which, under limited circumstances, allows for an increase in building height of up to 50 per cent (in this instance, 79.5m providing the relevant provisions are satisfied).

&quot;The proposed development is a well-designed building that complements the existing and emerging character of the area.&nbsp;

[smartcode_project:default project_id=100278 project_image_fid=189549]

&quot;The proposed built form of the development has been designed to achieve a well maintained interface to the adjacent properties.

&quot;The building has been treated with high quality materials to enhance the visual appearance of the building, along with a varying colour pallet.&nbsp;

&quot;Planters are incorporated within the building articulation at all levels of the development to provide visual interest and to soften the built form.&nbsp;

&quot;After a detailed assessment, it has been determined the proposed development is able to satisfy the provisions warranting an increase in building height of 6.6m above the mapped building height of 53m.&nbsp;

&quot;The cumulative consideration of built form setbacks, site cover, landscaping elements and architectural design confirm the developments ability to satisfy the additional height considered within the 50 per cent uplift provisions of the Urban neighbourhoods element.&quot; the report from council advised.

[smartcode_project:default project_id=100278 project_image_fid=189548]

The Melbourne developer Caydon Property Group plan to build a slender 18-storey apartment tower on an adjacent site

The apartment developer intends to have 51 apartments on its 1012sq m site at 266 The Esplanade at Miami, opposite North Burleigh Beach.

It is currently a 12-unit complex.

There are numerous mid-rise developments including Outrigger Resort in the precinct.

All councillors at the council meeting voted to accept the recommendation for approval by officers 

jchancellor-FAypfDUnLy

David Devine's 19 storey Alba, Gold Coast beachfront apartment block approved

The Melbourne-based apartment developer Caydon are the latest southern developer branching out in to Queensland.

They&#39;re starting on the popular Gold Coast, but aren&#39;t building in the heart of the popular tourist hub.

Their first project will be in Miami, just south of Mermaid Beach at the quieter, northern end of the Gold Coast.

Caydon, who always use their in house design team, has lodged plans for a boutique 18-level apartment tower with just 51 apartments, a maximum of four apartments per floor, on the Miami dress circle The Esplanade.

<a href="/new-apartments/burly-residences-north-burleigh-264-268-the-esplanade-burleigh-heads">To keep up to date with the development and its launch, enquire here</a>

The front facade is the host of fins that represent the sunrise from the ocean, with the fins located on the opposite facade telling the story of shadows rays to fall, the design statement submitted by Caydon to the Gold Coast City Council read.

&quot;The transition of fins create unique but strong looks in each and every angles.&quot;

<img alt="" height="704" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/caydon_266_the_esplanade_miami_1.jpg" width="1200" /> 
The curves&nbsp;of the&nbsp;tower. Image credit: Caydon Design

The proposed building, at 266 The Esplanade, has been articulated to maximise ocean views.&nbsp;

There will be 35 two-bedroom apartments and 14 three-bedroom apartments, some of both configurations coming with a study, and a sprawling sub penthouse and penthouse.

<a href="/new-apartments/burly-residences-north-burleigh-264-268-the-esplanade-burleigh-heads">To keep up to date with the development and its launch, enquire here</a>

The penthouses will span the entire level and will each have&nbsp;three bedrooms, each with their own walk-in-robes and ensuites, three balconies, two studies, and a walk in pantry behind the open plan kitchen, living and dining area.

The&nbsp;penthouse starts at level 17 and has two levels, with stairs leading up to a private rooftop terrace with a lap pool and spa, outdoor kitchen, and lounge and dining areas.

<img alt="" height="669" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/caydon_266_the_esplanade_miami_4.jpg" width="1200" /> 
The glass facade of the&nbsp;tower. Image credit: Caydon Design

The resident amenity will be located on ground level, and will feature a gym, swimming pool, a spa, a yoga lawn, and a sauna.

&quot;The recreation deck was designed to make real connection with the vibrancy and vitality that beach side living offers,&quot; the design statement continued.

Currently on The Esplanade&nbsp;block is North Burleigh Place, an old low-rise apartment building.

<img alt="" height="856" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/caydon_266_the_esplanade_miami_5.jpg" width="1200" /> 
The development will sit adjacent to parklands. Image credit: Caydon Design

The Miami - North Burleigh area is undergoing a new wave of&nbsp;urban regeneration and gentrification, according to the town planning report by Zone Planning Group.

The Esplanade itself has two new developments, 112 The Esplanade approved and under construction,&nbsp;and ALBA at 264 The Esplanade,&nbsp;currently on the council planning approval desk. Both have been designed by bureau^proberts.

The report also cited developments on First Ave and Goodwin Terrace, which are all contributing to the regeneration.

<a href="/new-apartments/burly-residences-north-burleigh-264-268-the-esplanade-burleigh-heads">To keep up to date with the development and its launch, enquire here</a>

About the developer

Caydon are well known in Melbourne development circles,&nbsp;delivering&nbsp;100 percent of their apartment developments on time and on budget.

Since being founded in 1999 by Joe Russo, Caydon have diversified&nbsp;city skylines with&nbsp;contemporary apartments, commercial spaces, retail outlets and luxury hotels.

They currently have four projects in market, Home at Alphington, Rise at Moonee Ponds, Due North in Preston, and Coppins Corner in Cremorne,.

Their first project will be in Miami, just south of Mermaid Beach at the quieter, northern end of the Gold Coast

Caydon Property to expand in to Queensland with first Gold Coast apartment tower

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A tri-level architecturally designed home on Miami beachfront reserve is for sale.
Located on <a href="https://www.realestate.com.au/property-house-qld-miami-129932406" target="_blank">36 Marine Parade, Miami</a> the listing describes the home as a stunning residence that leaves people spellbound.
Entering the house through the copper entrance door the grand lobby greets, adorned with quality travertine flooring, a tranquil water feature, soaring ceilings and modern architectural staircase the home if fitted out.
<img src="https://www.urban.com.au/images/2018/11/30/Miami%202.JPG" alt="">
<div class="tell-me-more tell-me-more--expanded">Located on the ground level are three bedrooms, each with built in wardrobes, including one with private ensuite and another serviced by a two way family bathroom.  Further down the hall is a large media room and wet bar, which opens out to a terrace, private landscaped gardens and a grassed yard.</div>
<div class="tell-me-more tell-me-more--expanded"> The first floor among other things is host to a fully tiled lap pool, pool sundeck &amp; wet Bar, powder room, outdoor kitchen, gymnasium and steam room.</div>
<div class="tell-me-more tell-me-more--expanded"> </div>
<div class="tell-me-more tell-me-more--expanded"><img src="https://www.urban.com.au/images/2018/11/30/Miami%203.JPG" alt=""></div>
<div class="tell-me-more tell-me-more--expanded"> </div>
<div class="tell-me-more tell-me-more--expanded">Set on 567 sqm the home features its own security system and four car lockup garage</div>
<div class="tell-me-more tell-me-more--expanded"> </div>
<div class="tell-me-more tell-me-more--expanded">
The home is set for a January 22 auction if not sold prior. </div>
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