Sunset Boulevard was a small, relatively unknown riverfront street on the Nerang River in Surfers Paradise around 18 months ago. However, the street is now set to become a thriving residential hub after the Gold Coast City Council approved several new developments that are poised to transform the character of the area.

The latest development approval on the river is for a 29-level tower by the Sydney-based P&amp;N Sleiman Group. The development, at <a href="https://www.apartments.com.au/new-apartments/52-sunset-boulevard-surfers-paradise-qld-4217">52 Sunset Boulevard</a>, will be its first in the Gold Coast.

The developer, which only filed the plans in April, is approved for 62&nbsp;two-, three-, and four-bedroom apartments, as well as two double-level penthouses with their own&nbsp;private rooftop terraces and plunge pools.

Residents will also have access to communal amenity on level three, including a gym, lounge, barbecue facilities, and an infinity-edge pool.

<img alt="First look exclusive: P&amp;N Sleiman plots debut Gold Coast apartment project" 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/52%20Sunset%20Boulevarde%20DA.png?VersionId=731rf3Vpi3nKCP69_eNV8kpn4GM0olqO" />

&nbsp;

Also now approved is YHY Group's tower which is crowned by what would be the largest penthouse ever produced on the Gold Coast.

YHY Group, also Sydney-based, is approved for a 33-level building with 74 apartments, across a triple site incorporating&nbsp;56, 58 and 60 Sunset Boulevard.&nbsp;The ninth level will feature a kids play area with an adjoining creche, a lap pool that runs along the edge of the building, a recovery space with a sauna and steam room, a yoga room, a gym, golf simulator, and a wellness spa with a treatment room and a massage room.

Above is another swimming pool, this one with&nbsp;an integrated pool bar and spa which has been oriented to offer gun-barrel views to the Surfers skyline. On the same level is a lounge, a bookable lounge with a kitchen, and a business centre.&nbsp;The ground level is set to feature&nbsp;a grand entry lobby, a cigar room, a cellar, library, study, bar and multiple entertaining areas.

The "Ultra Penthouse" is one of the largest ever pitched on the Gold Coast at 1,449 sqm of internal living space.

&nbsp;

There are five bedrooms spread across the five levels, as well as two staff quarters. The top level is dedicated just to a master suite, with a sauna, a gym, and a spa on the balcony. Including external space, the penthouse totals 2,239 sqm.

<img alt="YHY" data-entity-type="file" data-entity-uuid="43381819-fe90-41b5-aa99-90ef3b50fa6b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-25%20at%2010.09.56%E2%80%AFAM.png?VersionId=2nISoYh.pFvOEWBIz2X6ytvR.ok4D8V0" />YHY Group's riverfront tower. Image credit: Mode&nbsp;Design Corp

The first developer to identify Sunset Boulevard was Roy Skaf's Macquarie York. He has approval for a more boutique, 17-level tower on the river, facing Chevron Island's famous Home of The Arts (HOTA) building. There will be a mix of 43 two-, three-, and four-bedroom apartments.

The resident amenity is located on level two and will feature a swimming pool, fire pit area, barbecue space, day beds, gym with a sauna and steam room, work from home space with desks and a boardroom.

&nbsp;

&nbsp;

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<a href="https://www.apartments.com.au/architects/plus-architecture" target="">Plus Architecture</a>, led locally by Danny Juric, says the project has been "meticulously designed to seamlessly blend with its urban and natural surroundings, achieving a harmonious balance between the human-scale streetscape, riverscape, and the emerging skyline."

Joel Robinson

Speedy approvals set to change the face of Surfers Paradise riverfront street

<a href="https://www.urban.com.au/new-apartments/retreat-palm-beach-1177-jefferson-lane-palm-beach-qld-4221">Retreat Palm Beach</a>, the newest apartment development in Palm Beach, is proving highly attractive for those seeking both a holiday escape and the opportunity to generate passive income in the booming Gold Coast apartment market.

Positioned on coveted Jefferson Lane, just one row back from the beach, <a href="https://www.apartments.com.au/new-apartments/retreat-palm-beach-188-jefferson-lane-palm-beach-qld-4221">Retreat</a> comprises 56 apartments across an architecturally-striking nine-level building. It is being delivered by <a href="https://www.apartments.com.au/developers/ignite-projects">Ignite Projects</a>, the team behind the hugely successful Cabana Palm Beach and The Monaco at Main Beach.

With its premium address and versatile apartment offering, Retreat delivers the best of both worlds: personal use just steps from the sand, plus the potential for strong returns through short-stay holiday letting. Add to this the prospect of continued capital growth in a rising market, and it’s clear why demand for Retreat is already strong.

[smartcode_project:default project_id=134965 project_image_fid=1853]

Rental estimates from Hometime suggests the two-bedroom apartments at Retreat, which start from $1.35 million, could net anywhere between $75,000 per annum, based on 80 per cent occupancy, to $89,000, which is based on 85 per cent occupancy. Short-term and long-term letting will see gross rental yields between five to seven per cent.

All signs point to a strong return for both investors and owner-occupiers. Palm Beach's rental vacancy remains below two per cent, while median apartment prices have more than doubled in five years.

[smartcode_project:default project_id=134965 project_image_fid=1849]

Designed by <a href="https://www.apartments.com.au/architects/plus-architecture">Plus Architecture</a>, the nine-level building draws inspiration from its coastal setting, with soft, curving forms that reflect the movement of sea and sand.&nbsp;

The architecture is complemented by a natural material palette, with bronze tapware, engineered oak flooring, Miele appliances, and natural stone benchtops integrated into thoughtfully zoned open-plan layouts - creating a refined, calming environment that maximises natural light and privacy.

The three-bedroom apartments at Retreat feature king-sized master suites, walk-in butler’s pantries, and secondary living areas.

[smartcode_project:default project_id=134965 project_image_fid=4299]

A key feature of the project is its wellness-focused amenity floor. Residents have exclusive access to a heated lagoon pool, mineral spa, cold plunge, infrared sauna, and gym.

Additional conveniences include floating day loungers, e-bikes, secure surfboard storage, and digital concierge booking for shared spaces.

[smartcode_project:default project_id=134965 project_image_fid=1845]

Located just 500 metres from <a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a>’s vibrant village hub and 10 minutes from Gold Coast Airport, Retreat combines easy access to the beach with day-to-day convenience in one of the Gold Coast’s most tightly held coastal pockets.

Construction is expected to commence in October 2025, with completion scheduled for late 2027.

Prospective buyers only have a few weeks to walk through the onsite display suite, which is soon to be demolished as part of the commencement of construction.

[smartcode_project_cta:default project_id=134965]

Retreat Palm Beach offers dual-purpose beachside living with strong rental upside

Sun Property Group (SPG) has taken a major step to reinforce its commitment to consumer trust by securing Latent Defects Insurance (LDI) from Resilience Insurance for its nearly completed Willoughby development on Sydney’s Lower North Shore.

The boutique project, Aurora, comprising 12 apartments and a ground-floor commercial space, is one of few in the region to adopt the forward-thinking insurance model—offering a point of difference in a competitive market.

For Cameron Johnson, General Manager at Sun Property Group, the decision to adopt LDI was rooted in the company’s long-standing philosophy of maintaining a highly personalised relationship with its end users.

“We’ve always taken ownership over our product,” Johnson said. “Introducing LDI is not just about peace of mind for the buyer—it’s about raising the internal bar. It becomes the baseline for how we do things going forward.”

[smartcode_project:default project_id=109919 project_image_fid=205006]

While hundreds of developers and builders have taken out an LDI policy from Resilience Insurance, the insurance is still relatively new to Australia. Johnson says he sees significant future potential with LDI nationwide, with both&nbsp;regulatory and market frameworks starting to evolve to support its wider use in class two buildings.

“When we started the Willoughby project, LDI was still just a concept being floated by the Building Commissioner’s office," Johnson says.

"Delays in the construction timeline gave us the unique opportunity to adopt it as the product became more available in late 2023."

That timing aligned with a shift in construction contractors on the project, which opened the door for a more collaborative and considered implementation of the insurance. According to Johnson, Resilience Insurance was proactive and solution-oriented.

“It wasn’t just about us buying a product off the shelf. It was a dialogue—how can we work together to deliver something that meets both of our needs?” he added.

[smartcode_project:default project_id=109919 project_image_fid=5717]

LDI covers major structural defects for up to 10 years post-completion and offers an alternative to the traditional developer bond held under the Department of Fair Trading’s scheme. SPG prudently factor in a two per cent cost profile for such measures into its feasibility, treating it as “business as usual.”

“What LDI does is show the consumer that we’re front-ending our responsibilities—design, delivery, documentation, execution. That whole chain of custody is assessed and independently reviewed throughout construction. It’s a rubber stamp on quality,” Johnson said.

In a region where no other nearby developments currently carry LDI, the move also creates a market differentiator. While some projects may carry an iCIRT rating, few offer the depth of protection and oversight that LDI provides, especially outside of publicly listed organisations.

Aurora is being brought to market by Henry Burke of McGrath Projects. With the recent cut in interest rates Burke expects that many first home buyers and investors will jump at the chance to buy in Aurora due to its convenient location, fantastic retail amenity, picturesque parks with leafy walks, and excellent transport connections with only one stop to Sydney CBD. He expects a local owner-occupier to secure the standout penthouse which offers 175 sqm of internal space and further 200 sqm of outdoor space.

[smartcode_project:default project_id=109919 project_image_fid=205010]

Johnson says Aurora residents will not only benefit from the first right insurance policy, which means action is taken immediately rather than often long and complicated battles as developers and builders point fingers at each other as to who created the issue, but from how it can benefit the strata communities of the building.

Many buyers, especially first-time apartment owners, have limited understanding of shared infrastructure or the responsibilities of Owners Corporations. LDI adds an important layer of education, structure, and protection.

“People want to move in and enjoy what they’ve bought. But when things go wrong, that’s when emotions and stress levels rise. The insurance policy gives owners a clearer path to resolution—an assured, regulated compensation process. It also helps equip owners and managers with the knowledge they need to maintain the building properly.”

The insurance includes tools such as service penetration matrices and access documentation—going far beyond standard build drawings. Johnson says it’s about delivering not just a home, but a sustainable, manageable asset.

[smartcode_project:default project_id=109919 project_image_fid=343670]

Sun Property Group continues to build on its strong track record across Sydney’s Lower North Shore, with an upcoming major development of its Bowen Street, Chatswood landholdings and additional projects underway in Melbourne. The team recently completed its debut Melbourne apartment project, The Brookville in Toorak, showcasing their commitment to delivering high-quality, design-led communities.

In a region where no other nearby developments currently carry LDI, the move also creates a market differentiator

Sun Property Group approaches completion of Willoughby's first apartment development with 10-year Latent Defects Insurance

Renowned developer-builder DASCO has unveiled its much-anticipated new development in the heart of Epping.

The architectural brief for Turner Studio was to “create a community where residents are completely immersed in a paradise for the senses.”

The result is <a href="https://www.apartments.com.au/new-apartments/senso-epping-242-244-beecroft-road-epping-nsw-2121">Senso</a>, a series of buildings that have been oriented around an unrepeatable 10,000 sqm-plus site to create a facility-laden, landscape-first precinct, something of which Epping and its surrounds have not seen before.

There are 479 apartments available in a variety of floorplans across the five buildings, a mix of one-, two-, and three-bedroom apartments in addition to a curated penthouse collection.

[smartcode_project:default project_id=134954 project_image_fid=4553]

The apartments have been designed to appeal to the owner-occupier market, with generous floorplans, premium materials, and optional upgrades including integrated refrigeration, bespoke joinery, and motorised blinds.

<a href="https://www.apartments.com.au/developers/dasco-australia">DASCO</a>, who builds its own developments, is once again bringing peace of mind to its clients by taking the 10-year Latent Defects Insurance policy offered by Resilience Insurance, which protects buyers against any structural or waterproofing issues for 10 years post completion of the building. This insurance can only be taken out by the builder or developer and not by individual apartment owners.

[smartcode_project:default project_id=134954 project_image_fid=4552]

DASCO is known for creating more than just apartments — they create places where people connect. Senso will have over 4,000 sqm of resort-inspired communal amenity in the form of two rooftop pools, a celestial outdoor cinema, wellness club, sensory walk, and an observation deck, in addition to multiple BBQ and outdoor communal areas on multiple levels, intended to deliver a complete lifestyle offering within the residential environment.

There will be over 800 sqm of retail space on street level, which will likely be run as hospitality venues.

[smartcode_project:default project_id=134954 project_image_fid=4396]

Located adjacent to the new Epping Town Centre masterplan, and just a five-minute walk from Epping Metro Station, Senso offers seamless access to Macquarie Park, Chatswood and the Sydney CBD. Families who are interested in the large two- and three-bedroom apartments are within proximity to several regarded educational institutions including Macquarie University, James Ruse Agricultural High, and Cheltenham Girls School.

The project also leverages Epping’s growing dining and retail precinct, proximity to Macquarie Centre, and access to natural assets including Terrys Creek walking trails and Boronia Park.

[smartcode_project:default project_id=134954 project_image_fid=4399]

With a 33-year track record and over 7,000 dwellings delivered, DASCO continues to develop and build; a business model that enables integrated delivery and peace of mind, especially when Senso is backed by Latent Defects Insurance (LDI), providing 10 years of protection for buyers at no additional cost.

The launch of Senso Epping reinforces DASCO’s active pipeline of Sydney-based developments at a time when the market is increasingly focused on owner-occupier appeal, delivery confidence, and long-term quality.

DASCO is partnering on Senso Epping with leading Australian alternative asset management firm Metrics, which has more than $30 billion in assets under management.

[smartcode_project_cta:default project_id=134954]

DASCO reveals Senso, Epping’s first resort-style apartment development

Preliminary data by research giant Charter Keck Cramer reveals a 54 per cent decline in Build to Sell apartments across Australia's capital cities, while the Build to Rent boom continues with a 378 per cent increase over the last five years.

Charter Keck Cramer's upcoming National State of the Market Report - Key Metropolitan Areas, scheduled for release in September, will reveal&nbsp;a dramatic transformation in apartment supply patterns across Australia's capital cities between FY2016-2020 and FY2021-2025.

The Build to Sell (BTS) apartment sector has experienced a substantial contraction, with total supply falling by 54 per cent compared to the previous five-year period. The decline represents a reduction of 149,200 apartments across all capital cities.

<img alt="BTS Charter Keck Cramer" data-entity-type="file" data-entity-uuid="3db2ddf3-e7c0-481f-b8b9-63efb365cb80" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-20%20at%2011.26.34%E2%80%AFAM.png?VersionId=bsQl8inhZA7FeiPamnGvw1tse0obBdSd" />

Sydney led the downturn with a decrease of 73,600 apartments, followed by Melbourne (-42,800) and Brisbane (-26,800). Perth and Adelaide also recorded significant declines of 6,400 and 2,400 apartments respectively. Only Gold Coast and Canberra bucked the trend, with modest increases of 500 and 2,300 apartments.

In stark contrast, the Build to Rent (BTR) sector has emerged as a major force in the apartment market, recording a remarkable 378% increase in supply. This growth added 8,590 apartments across the capital cities during FY2021-2025. Melbourne dominated BTR growth with 6,160 additional apartments, while Sydney contributed 2,100 units. Brisbane and Canberra also recorded growth of 800 and 330 apartments respectively. Gold Coast and Perth recorded minor declines, while Adelaide maintained steady levels.

<img alt="BTR CKC" data-entity-type="file" data-entity-uuid="ca13ffd4-ab93-4828-afd2-4c3dccbd2b51" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-20%20at%2011.28.54%E2%80%AFAM.png?VersionId=SXNnpcJuFD36ViWOwF6izBBqcQc3NWao" />

“These preliminary findings indicate a fundamental shift in Australia's apartment development landscape, with traditional Build to Sell models giving way to institutional Build to Rent developments,” said Richard Temlett, Charter Keck Cramer’s National Executive Director of Research.

"This transition reflects changing investor preferences, regulatory environments and housing affordability challenges across major metropolitan areas.”

The complete Charter Keck Cramer National State of the Market Report – Key Metropolitan Areas will provide comprehensive analysis of these trends, their underlying drivers and implications for developers, investors and policymakers when released in September.

Build to Sell apartment supply drops 54% in five years across Australian capital cities

North Adelaide

The $250 million redevelopment on the former Le Cornu site at North Adelaide has been given planning approval.

The State Commission Assessment Panel (SCAP) approved construction of three apartment towers set above two levels of retail, hospitality and commercial space at 88 O&rsquo;Connell St.

The tallest tower will be 15 storeys, the highest building outside of the Adelaide CBD.

<a href="/new-apartments/eighty-eight-o-connell-88-oconnell-street-north-adelaide"><img alt="" height="836" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/88_2.jpg" width="1200" /></a> 
Source: City of Adelaide

The other two buildings will be 13 levels.

The 7560sq m site is set to be developed by Commercial &amp; General in a joint venture with Adelaide City Council, which paid $34 million for the site in 2017.

Each of the towers will have four penthouse apartments with rooftop pools above another 180 apartments.&nbsp;

They will comprise 28 one-bedroom, 125 two-bedroom and 19 three-bedroom apartments across the three towers.

<a href="/new-apartments/eighty-eight-o-connell-88-oconnell-street-north-adelaide"><img alt="" height="824" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/88_-_3.jpg" width="1200" /></a> 
Source: City of Adelaide

Three split-levels of basement parking will include 394 spaces.

The Adelaide Advertiser reported site works have started for a display apartment which is expected to open in September.

Commercial &amp; General executive chairman Jamie McClurg noted the site had been a blank canvas &quot;sitting there for the majority of my adult life just waiting to be done.&rdquo;&nbsp;

[smartcode_project_cta: project_id=93746]

The tallest tower of 15 storeys will be the highest building outside of the Adelaide CBD

jchancellor

Eighty Eight O'Connell, Le Cornu, North Adelaide site gets three tower redevelopment approval

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The mortgagee in possession of a home in Paralowie, in the north of Adelaide, has secured $209,000.
The 1990s built home at <a href="https://www.realestate.com.au/sold/property-house-sa-paralowie-130551434" target="_blank">42 Magdalena Crescent</a> last traded for $177,500.
It sold for its asking price after 51 days on the market.
Set on 570 sqm, it has two bedrooms, one bathroom and an open plan family and dining area.
The dining space opens to a rear verandah and the yard on 570 sqm.
Paralowie has a <a href="/developments/paralowie-sa-5108">median house price</a> of $302,000, according to CoreLogic.
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j.ballantyne1990-6AQqhLzZaK

Paralowie mortgagee secures $209,000

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A two bedroom, two bathroom North Adelaide home has been listed for auction by its mortgagee.
Situated at <a href="https://www.realestate.com.au/property-unit-sa-north+adelaide-130193630" target="_blank">8/7A East Pallant Street</a>, the home was set for a February 2 auction, but it has been postponed until February 16.
Craig Angel of Century 21 holds the listing.
Set across two floors the townhouse features a small home office on the first floor.
Located just off Melbourne street the property is five minutes from the CBD.
<a href="https://www.propertyobserver.com.au/subscribe" target="_blank"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/1/Subscriber%20strip%20ad.jpg" alt=""></a>
The median price for a home in <a href="/developments/north-adelaide-sa-5006">North Adelaide</a> is $951,000, according to CoreLogic, which calculate its annual change in median price over the past 10 years as 1.6%.
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North Adelaide home listed by mortgagee set for February auction 

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A North Adelaide home that was once the private residence of Rupert Murdoch's family has been listed for sale.
Offered for the first time in 35 years, the <a href="https://www.realestate.com.au/property-house-sa-north+adelaide-129327646" target="_blank">Tynte Street property</a> dates back to 1850 when printer David Gall bought the land, soon after his arrival in South Australia.
A year later he erected a simple two-roomed stone cottage. 
In 1866 he had masons Newman and Whitford and Chapman, a carpenter, turn the home into a two storey residence. It was built of Adelaide limestone with brick dressings.
Gall was a founding member of the Chamber of Manufacturers. He was a protectionist, and opposed to free-trade between the colonies. He printed a monthly journal The Comet advocating his beliefs.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/9/14/tynte2.jpg" alt="">
The state heritage listed homes form and detailing are evocative of the symmetry of the late Georgian period.
It has five bedrooms, two bathrooms and a sitting room overlooking the swimming pool and terrace.
Bernard Booth at Bernard H Booth Real Estate is marketing the property in conjunction with Fox Real Estate Adelaide agent Candy Bennett.
Their marketing makes a point of highlighting its property pedigree.
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jrobinson-rf4aSBido9

Rupert Murdoch's former family residence in Adelaide for sale

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A two level North Adelaide heritage building has been listed for sale at $2.6 million.
Located at <a href="https://www.realcommercial.com.au/property-retail-sa-north+adelaide-502474278" target="_blank">107-109 O’Connell Street</a>, the 528 sqm property previously operated as a bar named ‘The Banque’.
It features front, side and rear balconies and is ideal for café, retail, offices and possible upstairs residence.
There are also seven spacious rooms available with off-street car parking. It last traded in 2006 at $1.65 million, and at $1.1 million in 2001.
It is offered through McGees Property agents Simon Lambert and Rory Butterworth.
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North Adelaide

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