Developers and apartment buyers have a narrowing window of opportunity before Brisbane's Olympic infrastructure pipeline begins competing directly with residential construction, pushing up costs, tightening labour supply and making new projects increasingly difficult to deliver.

While Brisbane's apartment market continues to benefit from strong population growth and limited housing supply, industry research suggests the years leading up to 2027 could prove to be the most important period for developers looking to secure builders and buyers hoping to purchase before the next wave of price increases.

A new Colliers report, Brisbane 2032 Olympic and Paralympic Games: Creating Solutions, highlights the scale of the challenge. While thousands of new homes are planned across South East Queensland, the Brisbane Olympic Athletes Village alone will deliver more than 10,500 beds during the Games before being converted into around 1,750 to 2,000 apartments. Equivalent to almost two years of typical inner-city apartment supply, the project will also absorb a significant share of the construction workforce and building materials.

The broader construction pipeline paints an even clearer picture.

Construction Skills Queensland's Horizon 2032 report forecasts Queensland's annual construction pipeline will average $69 billion over the coming years before peaking at $75 billion in 2027-28. Demand for construction workers is expected to increase by 17 per cent to almost 150,000 people, with the industry facing an annual shortfall of around 19,000 workers that could blow out to as many as 35,000 during the peak construction period.

The Olympic venues, athletes village and supporting infrastructure will account for billions of dollars worth of work across South East Queensland through to 2032, creating intense competition for labour at a time when Australia's residential construction sector is already under pressure.

[smartcode_project:default project_id=150489 project_image_fid=373834]

Colliers Queensland Residential Director Andrew Scriven said the convergence of these projects is creating a clear window of opportunity for both developers and buyers.

"From 2027 onwards, the market will shift dramatically," Scriven said.

"Labour will increasingly be locked into government-led infrastructure and Olympic projects, which means private residential developments will face higher costs and tighter margins. The developers who move now are the ones most likely to get projects off the ground."

Scriven said the same dynamic would also affect buyers, with fewer apartment projects expected to launch once construction capacity tightens.

"If you're looking to change your lifestyle over the next five years, now is your window of opportunity to buy."

[smartcode_project:default project_id=150713 project_image_fid=373827]

Developers are already positioning themselves ahead of that window.

Following the success of Monarch at Toowong, Consolidated Properties is preparing to launch two new Brisbane apartment projects in the second half of 2026. They include <a href="https://www.apartments.com.au/new-apartments/gloriette-30-bedivere-street-yeerongpilly-qld-4105">Gloriette</a> at Yeerongpilly Green, a 25-storey tower within one of Brisbane's key Olympic precincts, and <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a>, a recently approved 25-storey riverfront development at 47 Skyring Terrace in Newstead.

Hutchinson Builders will deliver both projects, with early works already underway at Yeerongpilly and Newstead expected to commence later this year.

The timing comes as Brisbane's fundamentals continue to strengthen, with strong interstate migration, population growth and vacancy rates remaining below 1.5 per cent.

Colliers Queensland researcher Pragya Sharma said Greater Brisbane is forecast to require around 40,000 new apartments between 2021 and 2031.

"There's a real mismatch emerging between when housing is needed and when it will be feasible to build," Sharma said.

"As a result, the period leading up to 2027 presents a key window of opportunity for developers to secure approvals, funding and construction capacity, while buyers will have greater choice before supply constraints intensify."

Colliers research outlines a critical pre-2027 window to start residential projects before labour squeeze: now is the time to buy

Joel Robinson

Developers, buyers on watch in South East Queensland ahead of construction crunch: Colliers

It's taken less than nine months for developer Sherpa Property Group to sell out all 51 apartments in its <a href="https://www.apartments.com.au/new-apartments/flourish-oasis-palm-beach-7-9-sixth-avenue-palm-beach-qld-4221">Flourish Oasis</a> development in <a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a>, over a year before its anticipated completion.

&nbsp;

Located at 7-9 Sixth Avenue, the $67 million development has resonated strongly with both local owner-occupiers and downsizers seeking high-quality apartments within walking distance of the beach, dining precincts and everyday amenities.

[smartcode_project:default project_id=151449 project_image_fid=357458]

Christie Leet, Founder of <a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Group</a>, said the sell-out reflected both the strength of the Palm Beach market and the success of Sherpa's community-first approach to development.

"The sell-out of Oasis is a fantastic outcome and reinforces the strong demand we're seeing for thoughtfully designed apartments in lifestyle locations," Leet said.

"From the outset, our vision was to create a development that genuinely enhanced the Palm Beach community while providing residents with exceptional homes and wellness-focused amenities.

"We've been incredibly encouraged by the level of local support throughout the campaign, 72.5 per cent of buyers are locals, with a significant proportion of purchasers choosing Oasis as their future home rather than an investment."

[smartcode_project:default project_id=151449 project_image_fid=357463]

Construction is now progressing following development approval, with trusted builder LPS Group delivering the project and completion anticipated in Q3 2027.

Oasis forms part of Sherpa Group's successful Flourish collection, which has become recognised for its focus on wellness, community and elevated coastal living.

[smartcode_project:default project_id=151449 project_image_fid=357469]

Residents will have private access to a rooftop amenity space featuring a pool, gym, sauna, steam room, hot and cold plunge pools, spa and barbecue facilities.

"The success of Oasis demonstrates that buyers continue to prioritise quality, location and lifestyle," Leet said.

"We are proud to have delivered a project that has resonated so strongly with the market and look forward to bringing Oasis to life for our future residents."

Sherpa recently launched <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a>, its third instalment of the Flourish brand in Palm Beach following Flourish Oasis and <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>.

[smartcode_project_cta:default project_id=151449]

Sherpa sells out Flourish Oasis in booming Palm Beach

Urban Property Group's <a href="https://www.apartments.com.au/new-apartments/la-vera-macquarie-park-94-talavera-road-macquarie-park-nsw-2113">La Vera</a> is leading the next phase of Macquarie Park's residential evolution, with the new apartment development set to become the first of several new apartment projects in the precinct to complete.

The 169-apartment building has now topped out ahead of its scheduled completion in the third quarter of 2026, as new residential investment continues to reshape one of Sydney's largest employment hubs into a true mixed-use precinct.

[smartcode_project:default project_id=134951 project_image_fid=368645]

Cox Architecture has designed La Vera to capture the best of its unique positioning on Talavera Road, orienting the building towards Lane Cove National Park.&nbsp;The building features a sculpted northern façade with flowing curves inspired by the surrounding landscape, while its city-facing elevation adopts a more structured architectural expression to maximise skyline views.

"The vision for the project was to conceive a building that adopted an organic and curvilinear form to the northern portion that faces the Lane Cove National Park," <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a> Director Felipe Miranda said.

"The residents that reside in the northern portion of the building benefit by having beautifully crafted curved balconies that speak to the natural context and heighten the relationship of their internal living spaces to the external balconies."

[smartcode_project:default project_id=134951 project_image_fid=358802]

La Vera offers a diverse mix of one, two, three, and four-bedroom configurations, with prices currently starting from $740,000. Buyers so far have been a mix of Sydney-based investors,&nbsp;metro commuters, owner-occupiers and downsizers from surrounding North Shore suburbs.

Both investors and owner-occupiers have been drawn to La Vera's proximity to Macquarie University, Macquarie University Hospital, Macquarie Centre and the Sydney Metro, infrastructure that supports both strong rental demand and a convenient lifestyle for residents.

The apartments feature full-height glazing, timber flooring throughout living areas, stone kitchen benchtops, SMEG appliances, floor-to-ceiling bathroom tiling and ducted air conditioning.

Residents will have access to a rooftop recreation level featuring a swimming pool, sauna, barbecue facilities and landscaped relaxation areas, complemented by additional communal space at ground level. Many apartments enjoy uninterrupted views across Lane Cove National Park, reinforcing the project's connection to its natural setting.

[smartcode_project:default project_id=134951 project_image_fid=364551]

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a>, a family-owned developer and builder with nearly four decades of experience, holds a 4.5-star iCIRT rating and was Australia's first developer to introduce 10-Year Latent Defects Insurance (LDI). La Vera is the first apartment development in <a href="https://www.apartments.com.au/developments/macquarie-park-nsw-2113">Macquarie Park</a> approved to offer the additional insurance protection, alongside a five-year warranty on SMEG appliances.

Urban Property Group CEO Patrick Elias said the additional protection reflects changing buyer expectations in the off the plan market.

"Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. Having LDI is a tool to portray the confidence that we have in our product, and a confidence we want buyers to share," Elias said.

Following completion of the building later this year, buyers will move into their apartments well before Christmas.

[smartcode_project_cta:default project_id=134951]

La Vera closes in on completion as Macquarie Park continues residential transformation

Brisbane developer Red &amp; Co's decision to include dual key apartments in its debut Gold Coast apartment development, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO Varsity Lakes</a>, is proving to be one of the project's biggest drawcards, with buyers quickly snapping up the flexible residences.

More than half of the project's 36 dual key apartments have already sold, helping drive COMO beyond the 50 per cent sold mark within the first month of launch.

The strong response highlights growing demand for apartment designs that can adapt to changing lifestyles, with buyers increasingly looking for homes that accommodate multi-generational living, provide rental income opportunities or simply offer greater flexibility over time.

Located on the shores of Lake Orr, COMO will deliver 156 apartments across 16 levels, with the dual-key residences forming a limited release within the broader development.

Each combines a primary two-bedroom apartment with a fully self-contained studio on a single title, connected by a shared foyer and lockable internal door. The design allows owners to house ageing parents, adult children or guests while maintaining privacy, or lease the secondary residence to generate additional income.

Just 17 of the original 36 dual key apartments remain available.

[smartcode_project:default project_id=135546 project_image_fid=367096]

The innovative configuration combines two fully self-contained residences on a single title, typically comprising a primary two-bedroom apartment alongside a separate studio residence, connected via a shared foyer and lockable internal door.&nbsp;

The model is proving particularly attractive to owner occupiers navigating changing family dynamics and the realities of the current housing crisis.&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363511]

<a href="https://www.apartments.com.au/project-marketer/npa">NPA</a>&nbsp;CEO Andrew Erwin said dual key living was resonating strongly with modern buyers because it delivered both financial flexibility and practical lifestyle benefits.&nbsp;

“The housing crisis and rising cost of living are fundamentally changing how Australians think about home ownership,” Erwin said.&nbsp;

“Dual key apartments provide a genuine solution for families who want to stay connected while maintaining independence. Parents can help adult children save for a future home, ageing parents can remain nearby without moving into aged care, and owners still retain privacy and flexibility.

“Importantly, buyers are also recognising the financial advantages. It creates the opportunity to generate additional income from part of the home without the holding costs associated with owning a separate investment property.”&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363509]

Unlike traditional dual occupancy arrangements, the residences operate under a single title, meaning owners only incur one set of body corporate fees, council rates and holding costs.&nbsp;

The secondary residence can also evolve over time - functioning as guest accommodation, a home office, creative studio or private retreat before later becoming an income-producing asset.

<a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co</a>&nbsp;Director and Co-Founder David Laverty said the strong early sales reflected growing buyer urgency and changing priorities within the market.&nbsp;

“Securing more than half of COMO’s residences within such a short timeframe is an outstanding result and a clear endorsement of both the design and location,” Laverty said.&nbsp;

“Buyers are responding to the combination of location, connectivity and amenity, but ultimately it’s value relative to other East Coast markets that is driving enquiry.”&nbsp;

“We’re also seeing strong interest from owner occupiers looking for homes that can adapt with them over time. Flexibility has become one of the most important considerations for buyers in today’s market.”&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363515]

Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, COMO features a mix of one-, two- and three-bedroom residences with 2.7-metre ceilings and larger-format floorplans aimed at owner occupiers, downsizers and lifestyle-focused buyers.&nbsp;

The development will feature an extensive rooftop recreation and wellness offering including a 25-metre lap pool, sundeck, barbecue and dining areas, gym, sauna, plunge baths, landscaped gardens, wellness spaces and rooftop pickleball and paddleball courts.

The remaining dual key apartments range from 137 sqm to 167 sqm and include generous three-bedroom layouts with separate self-contained studio accommodation and dual parking.&nbsp;

Erwin said the dual key concept represented a broader shift in how Australians would live in the future.

“People want homes that can evolve with their lives,” he said.&nbsp;

“A dual key apartment can suit a family today, support an ageing parent tomorrow, and potentially generate income later on. That adaptability is becoming incredibly valuable in the current environment.”

Prices currently range from $2,115,750 to $2,583,000.&nbsp;

[smartcode_project_cta:default project_id=135546]

Inter-generational living drives demand for COMO’s dual key apartments as housing pressures reshape buyer priorities 

Builder-developer&nbsp;<a href="https://www.apartments.com.au/developers/ceerose">Ceerose</a> has doubled down on its Leichhardt ambitions, lodging its second State Significant Development Application (SSDA) in the suburb in the last six months.

Their newest proposal seeks to transform a former industrial precinct into a new residential community centred around the adaptive reuse of one of the site's heritage warehouse buildings.

The new project, on a 6,930 sqm block at&nbsp;<a href="https://www.apartments.com.au/new-apartments/40-76-william-street-leichhardt-nsw-2040">40–76 William Street</a>, will bring more than 200 apartments to a suburb that has seen little to no new supply in recent years. It follows Ceerose's late 2025 SSDA for a mixed-use apartment project on nearby Parramatta Road, signalling the developer's growing investment in Sydney's Inner West.

Ceerose Founder Edward Doueihi told Apartments.com.au the developer’s long-standing presence in Leichhardt and the Inner West had given it a strong understanding of how the area has evolved and where its future opportunities lie.

“Ceerose has had a long-standing presence in Leichhardt and the Inner West, giving us a unique understanding of the area’s evolution and future potential,” Doueihi said.

“Having delivered projects throughout the region, we have witnessed the suburb’s transformation first-hand and understand the opportunities for its continued growth.”

Doueihi said that understanding also informed the planning process, with a comprehensive Stakeholder Engagement Outcomes Report prepared before the application was lodged.

The report identified the key issues and concerns raised by neighbouring residents and other stakeholders, allowing those matters to be considered and incorporated into the design where appropriate.

He said the delivery of additional housing would also play an important role in supporting the revitalisation of Norton Street and the Italian Forum.

“By increasing the local residential population, the development is expected to strengthen demand for local businesses, encourage further investment, and help restore the vibrancy that made the precinct a thriving destination in the early 2000s.”

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="7258c54c-8167-479e-8361-2d5fca9915b4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010B%20-%20CGI%20-%20View%202.jpg?VersionId=S9DQfxu_jpcB5LrAEYFUbyMzg5odW6i5" />

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the redevelopment would involve the demolition of four existing industrial buildings while retaining and adaptively reusing the site's most significant warehouse. The retained structure would anchor a new residential precinct comprising five interconnected buildings arranged around a large central landscaped courtyard, with heights stepping from five storeys along the surrounding residential streets to 11 storeys at the William Street corner.

According to the Architecture Design Report by Woods Bagot, the proposal "seeks to create a residential village centred around a generous green heart while celebrating the site's industrial heritage through the adaptive reuse of the existing warehouse building."

The development would comprise 203 apartments, with 188 proposed as build-to-sell residences, alongside 15 affordable housing apartments.

Rather than treating the retained warehouse as a standalone heritage object, Woods Bagot has sought to weave the site's industrial history throughout the masterplan. The proposal retains the north and west facades of the landmark corner warehouse, while new buildings reinterpret the site's brick-and-steel industrial language through their material palette and architectural expression.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="9e8c64c2-881b-49e1-8c90-6b6acaaa45b6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010C%20-%20CGI%20-%20View%203.jpg?VersionId=Qm8_8H_Xrg_sc4Mdjc59vlAcKF_5wRTb" />

The design is organised around what Woods Bagot describes as a "green heart", a landscaped communal open space that reinstates the leafy character removed when the site became an industrial storage facility. A new pedestrian laneway running through the site would improve permeability between William, North and Francis streets, linking residents through landscaped public spaces while activating the ground plane.

Residents would have access to communal gardens and shared recreation areas distributed throughout the development. Sustainability has also been prioritised, with the project targeting an average 7.9-star NatHERS rating. Proposed initiatives include rooftop solar generation, rainwater harvesting, passive solar design, naturally ventilated lobbies, extensive cross-ventilation and the reuse of existing building fabric to reduce embodied carbon.

The adaptive reuse strategy became a defining feature of the application after heritage investigations found only one of the site's industrial buildings could feasibly be retained. The Heritage Impact Statement concludes that preserving the key warehouse façades while referencing the site's industrial character throughout the new development provides an appropriate balance between renewal and conservation.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="efffafdb-594f-4e2b-a067-921fd51c05e1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010D%20-%20CGI%20-%20View%204.jpg?VersionId=DPmE4.k16YRt0i27hEZVtJAffarpvUfx" />

"Retention and adaptation of the site buildings has been explored but found not to be feasible except for the tallest building, whose street facades will be retained," the heritage report states.

"The proposed building will interpret the brick and steel character of the subject site, including reuse of some components and construction of a large 'sawtooth' structure in the proposed open space."

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="3bfef2b5-83f5-40cd-9cab-767092f34266" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010E%20-%20CGI%20-%20View%205.jpg?VersionId=7asb3i_ql4ybbuJOUb5UHBEIy0Q9t.DF" />

The William Street site is located around 300 metres from Leichhardt North Light Rail station and a short walk to Norton Street's retail, dining and hospitality precinct. The surrounding area has increasingly become a focus for urban renewal given its proximity to public transport and the Parramatta Road corridor.

Doueihi founded Ceerose in 1998 and has grown the business to become one of Sydney's more active apartment developers in recent years, with completed projects including The Alex Collective in Alexandria, Abbie's Lane in Annandale, and the award-winning Munro House in Elizabeth Bay. They are currently delivering Belgravia, 17 luxury apartments in Potts Point.

First look: Ceerose doubles down in Leichhardt with adaptive reuse of former warehouse site

Newcastle off the plan apartments

Urban Property Group is continuing to expand its ever-widening new apartment pipeline.

The developer is soon to tackle the Newcastle's market, having taking over the mixed-use Bowline project on the harbour in Wickham.&nbsp;

<img alt="Bowline" data-entity-type="file" data-entity-uuid="76e65b76-fbcf-4f05-a1e9-b6834c908691" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-03-31%20at%2010.52.58%E2%80%AFAM.png?VersionId=PTzhKaLh79XhxtUzcM5KSbt2k5Hsi2r5" />

The Bowline, just under 100 apartments across a 14-level building on Dangar Street, was being developed by MultiPart Property before they fell into receivership. Deposits were offered back to the original buyers earlier this year.

The large-scale apartments, that were pitched as being suitable for downsizers when it gained approval in 2019, would sit above 5,500 sqm of commercial space.

Urban Property Group secured the site&nbsp;through a competitive sale process managed by the appointed receivers and managers, Ryan Eagle and Amanda Coneyworth of KPMG.

<img alt="Bowline" data-entity-type="file" data-entity-uuid="a7588c81-24fa-43df-9915-558371a8496f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-03-31%20at%2010.53.04%E2%80%AFAM.png?VersionId=TROUxZjaWUlJrzbzKROIVCOjWGXX24Rx" />

Patrick Elias, CEO of&nbsp;<a href="/developers/urban-property-group">Urban Property Group</a>, said Bowline is a&nbsp;pivotal site in one of the most exciting growth corridors in the state.

"We recognise both the opportunity and the responsibility of taking this project forward."

Elias says the current approval dates back several years and there is a "unique opportunity to reimagine this site in a way that meets today’s needs while embracing the city’s future potential."

The site is located at 10 Dangar Street, Wickham, NSW 2293, on the corner of Hannell Street, Dangar Street, and Charles Street. This prime location places it adjacent to the Newcastle Interchange, a major transport hub.

UPG has recent experience taking over and successfully progressing complex projects. Urban acquired Gosford’s Central Coast Quarter from St Hilliers in 2024, and is now progressing toward top-out of the first stage.

UPG has several projects across Greater Sydney. They're working toward launching <a href="/new-apartments/mayfair-on-penrith-172-lord-sheffield-circuit-penrith">Mayfair on Penrith</a>, 287 apartments across a 10-level building on&nbsp;an 8280 sqm site at 160-172 Lord Sheffield Circuit. It will be&nbsp;Urban Property Group's&nbsp;sixth and final development in the Thornton precinct, alongside their award-winning developments Navali and&nbsp;<a href="/buildings/the-orchards-lumia-norwest-104-fairway-drive-norwest-nsw-2153" target="">Lumia</a>.

&nbsp;

Patrick Elias, CEO of Urban Property Group, said the The Bowline is a pivotal site in one of the most exciting growth corridors in the state.



Urban Property Group acquires harbourside Bowline site in Newcastle's Wickham

Respected local builder-developer, <a href="/developers/gwh">GWH</a>, is offering grand-scale living in every aspect at its under-construction <a href="/developments/newcastle-west-nsw-2302">Newcastle West</a> apartment development, <a href="/new-apartments/one-apartments-newcastle-west-1-national-park-street-newcastle-west">One Apartments</a>.

Upon completion later this year, ONE Apartments will not only become the tallest tower in Newcastle at nearly 80-metres high, but will offer some of the largest floorplans ever seen in the rapidly growing city.

The 193 one, two, and three-bedroom apartments, spread across two 22 and 19-level towers, are, on average, around 20 percent larger than what is typically available in both the new development and established apartment sectors in the Newcastle region.

[smartcode_project:default project_id=24247 project_image_fid=325764]

GWH Build is well advanced in the construction of the development, over half-way up each building which protrude from a shared four-level podium that will host a range of commercial and retail tenancies.

<a href="/architects/marchese-partners">Marchese Partners</a>&nbsp;have collaborated with <a href="/architects/ckds-architecture">CKDS</a>&nbsp;on the design of <a href="/new-apartments/one-apartments-newcastle-west-1-national-park-street-newcastle-west">ONE Apartments</a>, creating a floorplate as part of the striking, pointed design that both creates large floorplans as well as a balconies off the living areas and bedrooms that offer extended views over Newcastle.

[smartcode_project:default project_id=24247 project_image_fid=325772]

Due to the height of the tower, and its strategic position on National Park Street, ensures the majority of the apartments, even at the lower levels, will offer strong viewlines.

Each apartment will feature interiors with SMEG appliances, soft-touch cabinetry, and premium tapware.

[smartcode_project:default project_id=24247 project_image_fid=325763]

The highest views are captured from the rooftop entertainment areas. The Scenic Lounge, atop the 22-level south tower,&nbsp;and the Harbourview Lounge, crowning the north towers 19th level, will each offer panoramic outlooks across the city and coastline.

As well as the rooftops, residents will have private access to a heated outdoor swimming pool, state-of-the-art gym with steam room, a fully furnished, surround-sound UHD cinema, and several pocket parks, from small courtyards for yoga and meditation to pergolas set in extensive landscaping.

&nbsp;

[smartcode_project:default project_id=24247 project_image_fid=325771]

Newcastle has seen relatively little high-density development compared to the likes of its closest major regions, like Sydney and the Central Coast. GWH is central to the increasing what is a fairly limited supply of new apartments in Newcastle. The limited availability of suitable sites and a small pool of builders capable of delivering large-scale projects have constrained the market.&nbsp;

GWH, which has been shaping Newcastle’s built environment since 1995, is one of the few developers with the expertise and resources to undertake a project of this magnitude.

[smartcode_project:default project_id=24247 project_image_fid=325761]

The location of ONE Apartments will place residents within walking distance of Darby Street’s dining precinct, the Civic Theatre, Marketown Shopping Centre, and the Newcastle Interchange, ensuring seamless connectivity for residents.

Buyers are expecting to move into ONE Apartments in early 2026.

[smartcode_project_cta:default project_id=24247]

The 193 apartments, spread across two 22 and 19-level towers, are, on average, around 20 percent larger than what is typically available in both the new development and established apartment sectors in the Newcastle region.



The grand proportions of Newcastle's newest apartment development

Longstanding and respected Newcastle builder developer, GWH, is giving buyers more bang for their buck compared to any other apartment project in Newcastle.

The <a href="/developers/gwh">iCIRT-rated developer</a> is offering floorplans some 20 per cent larger than others on the local market at their under-construction tower ONE Apartments, located in the heart of the <a href="/developments/newcastle-west-nsw-2302">Newcastle West</a> on National Park Street, on the doorstep of Marketown and the Newcastle Interchange.

The 22 and 19-level buildings designed by&nbsp;<a href="/architects/marchese-partners">Marchese Partners</a>, connected by a four-level podium that will home commercial space, will comprise 193 one, two and three-bedroom apartments.

[smartcode_project:default project_id=24247 project_image_fid=281094]

Over 50 per cent of the apartments have already been snapped up, with construction well on track for a late 2025 completion. Nearly all of the one-bedroom apartments are accounted for.

The&nbsp;apartments feature open-plan living areas extending to private winter gardens offering views of Newcastle Harbour, Stockton, Merewether, and the Watagan Mountains.

GWH Managing Director, Jonothan Craig, says ONE Apartments offer spacious open plan living at its finest.

"Luxurious quality, wellness, security, convenience – ONE showcases GWH’s significant research into the elements our residents most desire for a beautiful, enduring quality of life," Craig says.

[smartcode_project:default project_id=24247 project_image_fid=281096]

The kitchens are equipped with SMEG appliances and soft-touch cabinetry, centred around a breakfast bar designed for ease of entertaining, while the master&nbsp;bedrooms come with built-in or walk-in robes, bathrooms with natural stone tiling, and premium tapware, ensuring ample storage and natural light.

Homeowners can choose between natural, earthy tones in light and dark colour palettes.&nbsp;

Each apartment is also fully wired with fibre-to-premises NBN, Pay TV, wireless access points, and the option to upgrade to the Clipsal Wiser™ Smart Home system, allowing residents to control home features via a single app.

[smartcode_project:default project_id=24247 project_image_fid=281099]

Residents at ONE Apartments will have access to exclusive amenities, including an outdoor pool, cinema, gym, sauna, a bookable private function room, and two rooftop entertainment areas.&nbsp;

The Scenic Lounge is located on the 22nd floor of the South Tower, and the Harbourview Lounge is atop the 19th floor of the North Tower.

[smartcode_project:default project_id=24247 project_image_fid=281103]

ONE Apartments is ideally located within walking distance of Darby Street eateries, parks, the Civic Theatre, Newcastle Interchange, the Honeysuckle foreshore precinct, and various retail stores.

GWH was founded as GWH Build in 1995 by&nbsp;Grahame Chevalley and Hilton Grugeon AM.&nbsp;Since 2017 GWH has delivered over 600 new homes to the Newcastle region.

[smartcode_project_cta:default project_id=24247]

GWH Managing Director, Jonothan Craig, says ONE Apartments offer spacious open plan living at its finest

ONE Apartments to offer Newcastle's largest new apartments

Construction is underway on Newcastle's latest residential development, ONE Apartments.&nbsp;

Their inhouse construction team, GWH Build, is handling construction of the two-tower development of just under 200 one, two and three-bedroom apartments.

The demolition of the existing site concluded late last year, paving the way for structural piling and inground work, which commenced early this year.

ONE Apartments, designed by global architects Marchese Partners and local firm CKDS, will feature one of GWH's signature inclusions, two all-weather rooftop entertaining areas overlooking 360-degree views of Newcastle.&nbsp;

<img alt="ONE Apartments" data-entity-type="file" data-entity-uuid="c6395f94-2e44-49bd-9741-82bbc372a497" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-30%20at%208.25.38%20pm.png?VersionId=8mlhbF7BTeab36M2cY_VB8wzGkwvQqVq" />

Among the additional amenities are an outdoor heated pool, cinema, gymnasium, steam room, and several smaller private communal spaces available for bookings.

GWH officially launched ONE Apartments to the market in mid-June 2022.

The project attracted a strong interest from the outset, particularly among purchasers from other GWH developments. This has resulted in over one-third of Stage One being sold within the first eight weeks on the market.

"Currently, we're over 50 per cent sold in Stage One and all of our one-bedroom apartments are sold out which shows so much confidence in the market at the moment in Newcastle City, especially off-the-plan," said GWH/RE Licensee in Charge - Peter Kunov.

"Our enquiry rate every week seems to grow despite the current market and the confidence in the off-the-plan sales for both downsizers and investors and first home buyers is really strong."

<img alt="ONE Newcastle" data-entity-type="file" data-entity-uuid="a8ed6fa4-7fc9-44d2-a464-860c1ea6cd4c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-30%20at%208.25.24%20pm.png?VersionId=16XvQUSVLNNHTTbqneJOuEUyT6bGkoUY" />

ONE is located in the centre of Newcastle, just steps away from the Interchange, Marketown Shopping Centre and Newcastle’s famous walking tracks and trails.

The development is slated for completion in October 2025.

The project attracted a strong interest from the outset, particularly among purchasers from other GWH developments

Staff Writer

Newcastle's One Apartments over 50% sold as construction continues

Newcastle and Lake Macquarie apartment developer Next Level Seven has officially launched Watervue, a bold new statement to the growing Newcastle skyline.

Watervue, at 10 Steel Street, comprises 106 apartments spread across a 19-level tower that offers panoramic views of the city and the harbour.&nbsp;

Designed by Stewart Architecture, prospective homeowners can select from a range of apartment options, including one-bedroom, one-bedroom plus study, two-bedroom, and three-bedroom configurations, as well as two luxury penthouses. Serviced by three lifts, each floor accommodates a maximum of seven apartments.&nbsp;

<img alt="Watervue" data-entity-type="file" data-entity-uuid="d3e20beb-d6c0-46d3-be01-b650e37780f1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-29%20at%207.29.09%20pm.png?VersionId=4S2qizWWBxynzfc.Kyq.m0Ds9y6EjHGY" />

The generous floor plans, featuring 2.7-metre high ceilings, are strategically designed to optimise views and infuse the interiors with natural light. Expansive balconies extend an invitation to outdoor living.

Watervue, strategically positioned at a corner, captures east-northeast aspects and accompanying breezes. The east-northeast orientation ensures apartments bask in the morning sun while benefiting from coastal breezes during summer.

The double glazing and ducted air conditioning without condensers on verandahs further emphasise Watervue's priority for resident comfort.

<img alt="Watervue" data-entity-type="file" data-entity-uuid="30764554-22f5-4815-8476-b8eea4a684a7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-29%20at%207.29.40%20pm.png?VersionId=jBDuUcEPRfoxDzAbyJGAB8zsTiYpy1W7" />

The well-appointed designer kitchens boast stone benchtops and stainless steel Miele appliances. Luxurious bathrooms showcase floor-to-ceiling tiles and premium fixtures.

Exclusive upgrade packages are available for all apartments, including appliance upgrades, heated bathroom floors and towel rails, ceiling fans, and power outlets in car spaces. Secure parking is provided for all apartments, with each car space having a storage cage.

On the podium, residents can socialise in the fourth-floor residents’ lounge or take advantage of the well-equipped business hub. Residents can pick herbs from the lush edible garden on the podium rooftop, get together on the pool deck or take a dip in the 25-metre heated lap pool.

<img alt="Watervue" data-entity-type="file" data-entity-uuid="2d1a05f4-e857-481b-a546-cebb81070d73" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-29%20at%207.29.46%20pm.png?VersionId=6stEIQ0kUZkTc1LZC.yIP0KmNMW1X9k6" />

Situated just one block from Newcastle’s harbour, apartments from level 12 and above offer uninterrupted views of the busy working waterway. Lower levels provide view corridors to the harbour along with aspects overlooking Watervue’s private swimming pool, with its beach area and landscaped surrounds.

Watervue is just a short stroll from major supermarkets, light rail, the Newcastle Transport Interchange, cafés, restaurants, bars, and the Newcastle Cruising Yacht Club, with easy access to Market Town shopping centre, the inner city and Cooks Hill.

Next Level Seven appointed builder Bloc Constructions to build Watervue, with an estimated completion date in September 2024. Street Property is marketing the project.

Watervue, at 10 Steel Street, comprises 106 apartments spread across a 19-level tower that offers panoramic views of the city and the harbour

Rare new off the plan apartment development launches in Newcastle

A new mixed-use development is set to transform the landscape of Lindus Street in the inner suburbs of Newcastle, with the demolition of two warehouses and a concrete car park set to make way for the construction of 59 new dwellings in <a href="/developments/wickham-nsw-2293">Wickham</a>.

The plans for <a href="/new-apartments/1-21-railway-street-wickham">1-21 Railway Street, Wickham</a>, were lodged by Gemini Interchange Pty Ltd, which is directed by Maitland-born Kristoffer and Dallas Harvey. Kristoffer is currently the CEO for Goodman Group's activities in Greater China.&nbsp;

The development will comprise 21 one-bedroom, 32 two-bedroom and six three-bedroom apartments, along with five four-bedroom three-storey terrace houses, providing a range of living options to cater to the diverse needs of the community.

It’s hoped the project will help address Newcastle’s rental crisis — with the city’s vacancy rate sitting at just 1.4 per cent.&nbsp;

<img alt="Render of the propose terraces homes at the Wickham development" data-entity-type="file" data-entity-uuid="8419ded7-9eb9-4889-9c7b-a3b188eec0de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-04%20at%204.53.29%20pm.png?VersionId=E9Jn68PJRw7Z2VSVpQOszSsZrUbTFJZP" />Render of the propose terraces homes at the Wickham development. Credit: CKDS

The 11-storey development has been designed by&nbsp;CKDS Architecture, with it also set to feature communal open space and an urban activation space facing Lindus Street, as well as ground floor retail space on Railway Street.&nbsp;

The landscape design developed by Xeriscapes will integrate with and enhance the architectural forms and will aid in helping council to deliver a north facing urban activation space&nbsp;to the corners of Railway and Lindus streets, consistent with the vision for a public network outlined in City of Newcastle’s Wickham Masterplan 2017 and 
subsequent 2021 update.

The facade will feature concrete panel walls, metal screens and metal flat bar balustrades, paired with face brickwork, lightweight cladding and powder-coated horizontal plant louvres.&nbsp;

The built form has been constructed to maximise natural sunlight and cross flow ventilation throughout each of the residences while also providing view lines to the harbour.&nbsp;

The northern façade presents as an open form, taking advantage of sunlight and views, broken down into a hierarchy of slabs edges, dividing walls, and balconies.

<img alt="Aerial shot of the Wickham site " data-entity-type="file" data-entity-uuid="08f77289-66c2-4654-8eda-d3c346c48176" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-04%20at%204.56.49%20pm.png?VersionId=gOzCxGNGPZ.4Y6EuzfNUlWT6Ah4oGGOv" />Aerial shot of the Wickham site.&nbsp;

80 car spaces will be available across the site, with 31 planned for the ground level and 49 across level one, in addition to four motorcycle spaces and 64 bicycle spaces, which has been pitched to encourage more sustainable transport options.&nbsp;

The near $30 million project is&nbsp;conveniently located near the <a href="/new-apartments/newcastle-nsw">Newcastle</a> Interchange and is well located for transport, shopping, public places and civic open spaces within the Newcastle City Centre.

The project is expected to take several years to complete, with construction set to begin in the near future. The development is expected to be a significant addition to the city, providing new homes, retail space, and green areas, while also enhancing the overall aesthetic of the area.

[smartcode_project_cta:default project_id=139394]

It’s hoped the project will help address Newcastle’s rental crisis — with the city’s vacancy rate sitting at just 1.4 per cent

Newcastle off the plan apartments

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Newcastle off the plan apartments

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News