The affluent suburb of Neutral Bay is continuing to go through a new development transformation.

Several developers have jumped into the Lower North Shore locale in recent years, bringing new housing supply to the suburb considered one of the best in the region.

Growing developer CPDM is the latest entrant, as they continue to bolster their portfolio that includes several projects in&nbsp;Lindfield, Gordon and Cremorne.

They are planning a new eight-level building in Neutral Bay, with 25 apartments. They'll be triggering the affordable housing uplift, with six of the apartments dedicated as affordable.

The site, at <a href="https://www.apartments.com.au/new-apartments/27-37-bydown-street-neutral-bay-nsw-2089">27-37 Bydown Street</a>, is an amalgamation of six lots creating over 1,210 sqm just 50m from Military Road. It is currently occupied by several 1890s terraces which aren't heritage listed.

<img alt="First look: CPDM plans eight-storey apartment project with affordable housing in Neutral Bay" data-entity-type="file" data-entity-uuid="8099dd7a-074e-4b32-89fd-cbc0a8f14dc9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/1.png?VersionId=4pnt9IefUuMgy083LA1clU33DUzxyEaK" />

<a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a>&nbsp;wrote in their submission to the North Sydney Council&nbsp;that the project’s massing, materiality, and setbacks are carefully calibrated to respond to the area’s shifting scale, citing “a gradual transition toward medium density development in pockets close to transport corridors and commercial precincts”.

“The development’s density is thoughtfully planned to be sustainable, capitalising on existing and future infrastructure, access to public transport, the site’s cultural and community value, and its environmental attributes,” PBD also noted.

The apartment mix is&nbsp;skewed toward larger residences, with 18 of the 25 apartments having three bedrooms. The remaining will have two bedrooms.

<img alt="First look: CPDM plans eight-storey apartment project with affordable housing in Neutral Bay" data-entity-type="file" data-entity-uuid="c4057575-4c54-4572-914a-5a90e9983933" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/3_0.png?VersionId=Xaa6Xrtk0b8I9jz0AbScBGfTmy15B8iE" />

Neutral Bay is undergoing a transformation, with several new developments, and a new mixed-use precinct, slated for the Lower North Shore suburb.

Fabcot, the development arm of supermarket giant Woolworths, has plans for a new $170 million development on the corner of Yeo Street and Rangers Road. They are <a href="https://www.apartments.com.au/news/nsw/woolworths-fabcot-propose-neutral-bay-shoptop-housing-after">envisaging 70 apartments above a public plaza</a> with a new full-line Woolworths and medical facilities.

<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> is close to completing <a href="https://www.apartments.com.au/new-apartments/the-villas-neutral-bay-7-11-premier-street-neutral-bay-nsw-2089">The Villas</a>, 18 two- and three-bedroom apartments on Premier Street, while <a href="https://www.apartments.com.au/developers/thirdi-group">Third.i</a> is soon to launch <a href="https://www.apartments.com.au/new-apartments/casa-neutral-bay-76-ben-boyd-road-neutral-bay-nsw-2089">CASA</a>, a collection of whole-floor apartments on Ben Boyd Road.

Joel Robinson

First look: Neutral Bay transformation continues as new eight-level building pitched

Allen Linz's Rebel Property Group is the latest developer to takes its development to the NSW Government.

Rebel has applied for a State Significant Development Application (SSDA) for its <a href="https://www.apartments.com.au/new-apartments/164-192-william-street-woolloomooloo-nsw-2011">major urban renewal project on William Street</a>. They have concept approval from December 2023 for the 6,400 sqm site at the southern end of the street. That scheme accounted for around 230 apartments, above a new&nbsp;precinct combining residential, commercial, and recreational uses.&nbsp;

The SSDA will seek further uplift through&nbsp;bonuses under the State Environmental Planning Policy (Housing) 2021.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="672c0a88-01e9-4845-8dd0-33e3b165d08e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-09-30%20at%207.11.52%E2%80%AFAM.png?VersionId=TmfhjAulgEjM1UDc20mkxXqZEyqOEY0P" />

FJC Studio won the design competition for the project in 2024.&nbsp;According to the Town Planning Report prepared by Urbis, the outcome of the competition “resulted in a high-quality urban design outcome that aligns with the desired future character of the area.”&nbsp;

“The proposal seeks to realise the full potential of the site through a contextually sensitive, high-quality urban design response that delivers housing diversity in close proximity to employment, services, and transport,” the Scoping Report submitted to the NSW Government states.

The exhibition stage of the SSDA process will provide more transparency into the number of apartments sought by Rebel, a name synonymous with creating some of the Eastern Suburbs best new developments.

Linz founded Rebel in the late 1990s. They have been behind the redevelopment of the famous Bondi Pacific on Campbell Parade, as well as The Bond, also at Bondi Beach, and Top of the Town in Darlinghurst.

First look: Rebel Property Group takes Woolloomooloo precinct to NSW Government

<a href="https://www.apartments.com.au/developers/thirdi-group">Third.i Group</a>&nbsp;and joint venture partner&nbsp;NPACT has unveiled its luxury new apartment development, The Rushcutters, offering prospective apartment buyers a rare opportunity to buy brand new into one of Sydney's most tightly-held Harbourside suburbs.

<a href="https://www.apartments.com.au/new-apartments/the-rushcutters-51-57-bayswater-road-rushcutters-bay-nsw-2011">The Rushcutters</a> received approval before the City of Sydney’s No Net Dwelling Loss rule took effect in May 2025, which puts tighter constraints on developers mandating&nbsp;that any new development on a site cannot result in fewer dwellings than were previously on the land, ensuring that redevelopment maintains or increases housing stock. The expectation is this will make boutique development, like The Rushcutters, difficult to reproduce.

[smartcode_project:default project_id=144646 project_image_fid=351901]

The development will comprise 12 two- and three-bedroom apartments, and one full-floor penthouse. They range in size from over 120 sqm to nearly 200 sqm. It will sit conveniently between the water at Rushcutters Bay and the cosmopolitan suburb of Potts Point, renowned for its dining, boutique shopping, and cafes, all while being just 200m from the Kings Cross entertainment precinct.

With exterior and interior architecture by award-winning architects <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, The Rushcutters honours the Art Deco heritage of the local area while blending natural beauty with contemporary sophistication.&nbsp;

Residences capture north-west and north-east vistas through open-plan layouts, private balconies, and a communal rooftop terrace offering panoramic views. Interiors feature stone, timber, and brass finishes, premium Wolf and Miele kitchens, and spa-like bedrooms and bathrooms.

[smartcode_project:default project_id=144646 project_image_fid=351901]

Luke Berry, Co-Founder of Third.i Group, said The Rushcutters captures the perfect balance of city-centre energy and harbourside serenity.

"It’s a rare project that combines location, lifestyle, and timeless design that people will aspire to be part of. Beautiful for residents and the community alike, it will create a lasting legacy for Rushcutters Bay," Berry said.

"We expect it will attract downsizers, rightsizers, and those seeking an exclusive opportunity in the inner-east, and it stands among the best projects we’ve ever delivered.”

[smartcode_project:default project_id=144646 project_image_fid=351902]

Jason Fraser, Principal at Woods Bagot, who collaborated with Third.i on their mixed-use Elevate Crows Nest project and is now partnering with them on The Rushcutters, said the site’s location and outlook shaped every element of the design, drawing on Art Deco and mid-century forms through a contemporary lens.

"The project celebrates the character of Rushcutters Bay while creating something distinctive and truly special for residents and the local area.”

[smartcode_project:default project_id=144646 project_image_fid=351900]

The Rushcutters is the latest in Third.i Group’s portfolio of boutique Sydney residential developments, including Kurraba Residences in Kurraba Point, Muse in Potts Point, and Casa in Neutral Bay.

“Third.i is committed to innovative brilliance and creating architecturally inspired, high-quality living environments that enhance Sydney’s urban fabric and leave a lasting legacy for generations to come,” Berry added.

Apartment prices range from $4.95 million to $17.88 million.

[smartcode_project_cta:default project_id=144646]

Third.i Group and NPACT launch The Rushcutters

Sekisui House Australia's decade-long redevelopment of the Peter's Ice Cream Factory in West End, is approaching its conclusion.

Construction has officially kicked off at Callista on Park, the final tower in the $1.2 billion, multi award-winning precinct.&nbsp;<a href="https://www.apartments.com.au/builders/hutchinson-builders">Hutchinson Builders</a>, who have delivered every stage of West Village over the past nine years, will deliver Callista on Park, 96 luxury apartments and an abundance of resident facilities across a sculptural 14-storey tower.

[smartcode_project:default project_id=134800 project_image_fid=351537]

West Village Project Director Taku Hashimoto said <a href="https://www.apartments.com.au/new-apartments/callista-on-park-west-end-49-mollison-street-west-end-qld-4101">Callista on Park</a> represented the final opportunity to purchase an off-the-plan residence in the multi-award-winning community.

“Callista on Park is the last-ever instalment of West Village’s masterplan that has breathed new life into this heritage precinct, providing new green spaces, residential buildings, and cultural and commercial spaces alongside more than 35 retail, dining and health operators,” Hashimoto said.

“As the final premium residential offering in the precinct, Callista on Park will continue to deliver homes of the highest quality finishes, bespoke design detail, and spacious indoor and outdoor areas, perfectly suited to Brisbane’s sub-tropical lifestyle with access to amazing amenities on the doorstep.

“We are proud to extend our trusted 10-year partnership with Hutchinson Builders to complete this visionary community, cementing West Village as one of Brisbane’s most celebrated urban renewal projects.’’

[smartcode_project:default project_id=134800 project_image_fid=351535]

Hutchinson Builders Chairman Scott Hutchinson said the family company had created some of <a href="https://www.apartments.com.au/developments/west-end-qld-4101">West End</a>’s most important buildings over the past nine decades.

“Hutchies has actually been part of West End since the 1920s when we had our original yard on Montague Road,’’ Hutchinson said.

“We’ve also had a long history with the site, having worked on the original Peters ice cream building in 1943 and since 2015, we’ve built every stage of the new West Village precinct, including the refurbishment of the ice cream factory.

“It’s a bit surreal to be starting this final stage. The whole Hutchies’ team is very proud to have played a part in such an iconic mixed-use precinct that is close to our hearts.’’

[smartcode_project:default project_id=134800 project_image_fid=330244]

Callista on Park, located adjacent to Mollison Park, is the final piece of the masterplan that will provide almost 1,000 apartments across eight residential towers, two townhouses, the Greenhouse commercial building, and the restored Peters ice cream factory with its retail and dining spaces.

Designed by award-winning architecture studio <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, the distinctive new residences feature generous balconies, most located on the northern and eastern face to capture views down Melbourne Street and across the Brisbane CBD, and ample natural light to create quality outdoor spaces.

A unique feature is the building’s rooftop conservatory, where wildflowers will grow amongst undulating grassed areas and residents will enjoy premium recreational spaces including an infinity pool, spa, BBQ areas, lounge, and private dining room with a chef’s kitchen.

[smartcode_project:default project_id=134800 project_image_fid=341716]

The first release of three and four-bedroom apartments meets the growing demand for house-size, low-maintenance residences in the inner city, with prices starting from $2.4 million for three bedroom residences.

West Village, with a 99/100 walk score, is a stroller’s paradise located only 800m from the Brisbane CBD, close to prestigious schools, universities and hospitals, with the River Walk connecting to South Bank’s parkland precinct.

Hashimoto said West Village had evolved into an energetic inner-city neighbourhood over the past decade, and a retail, dining and cultural destination in its own right.

[smartcode_project:default project_id=134800 project_image_fid=330235]

“West Village is a community designed to be treasured for generations to come,’’ he said.

“It is fitting that this final stage connects with, and embodies, our values of community, sustainability and design-driven amenity to elevate people’s experience of where they live.

“There will never be another opportunity like it at West Village.’’

Callista on Park is due for completion in late 2027.

[smartcode_project_cta:default project_id=134800]

Hutchies start building West Village's final apartment building

A slender, sculptural tower designed by acclaimed architects <a href="https://www.apartments.com.au/architects/candalepas-associates">Candalepas Associates</a> will soon rise just moments from Hyde Park, following the demolition of the Polding Centre on Liverpool Street, formerly home to the Sydney Archdiocese.

The project, known as <a href="https://www.apartments.com.au/new-apartments/hyde-metropolitan-sydney-133-141-liverpool-street-sydney-nsw-2000">Hyde Metropolitan</a>, is being delivered by leading Sydney developer <a href="https://www.apartments.com.au/developers/deicorp">Deicorp</a> and will now combine a boutique hotel of 100 rooms with 170 luxury residences positioned above, capturing panoramic views over Hyde Park, the city skyline, and Sydney Harbour.

Residents will enjoy amenities including a 20-metre podium pool, outdoor terraces with barbecue facilities, and a gym. A dedicated concierge service, a signature ground-floor restaurant, and a Skybar on level six complete the offering for residents and hotel guests.&nbsp;

[smartcode_project:default project_id=21809 project_image_fid=351916]

Positioned within steps of Museum Station and the new Gadigal Metro, Hyde Metropolitan offers unparalleled connectivity to Sydney’s transport network, luxury retail, cultural institutions and the city’s world-class dining scene.

“The Hyde Park precinct is on the cusp of a real shift, not just in look and feel, but in how people live and connect here,” said Fouad Deiri, Founder of Deicorp.&nbsp;

“With Oxford Street set to re-emerge as one of Sydney’s most vibrant destinations, Tech Central on the doorstep, and the new metro only a block away, Hyde Metropolitan sits at the heart of a precinct being purposefully reimagined for the future."

[smartcode_project:default project_id=21809 project_image_fid=351920]

Deiri says they have&nbsp;considered every detail, from the architecture to the lifestyle amenities, to create a building that celebrates Hyde Park’s legacy while offering a level of sophistication rarely seen in CBD living.

“The addition of a boutique hotel makes Hyde Metropolitan both a landmark residential address and a destination in its own right. It brings together homes, hospitality, and lifestyle in one of Sydney’s most connected locations."

[smartcode_project:default project_id=21809 project_image_fid=351912]

The interiors feature winter gardens,&nbsp;timber flooring, curated palettes, and high-end finishes.

Demolition of the former Polding Centre is now complete, with construction now underway. Hyde Metropolitan is now selling, with residences priced from $1.48 million.

[smartcode_project_cta:default project_id=21809]

Hyde Metropolitan brings luxury residences and hotel living to the heart of Sydney

Palmswoods

<html><body>
A residential development space in the Sunshine Coast region of Palmwoods has been sold to a local developer.
The 18 hectare block sold for $4.4 million to Sunshine Beach Constructions.
The 50 Abbots Road, Palmwoods property has been approved for 109 lots with a rate of $40,367 per lot.
The sale was handled by Colliers International’s Bayden Dodds and Savills’ Dustin Welch,
Dodds said the strength of the Sunshine Coast residential market contributed to interest from a mix of local, south-east Queensland and interstate developers.
"This is due to new land releases selling out in record time as builders, owner occupiers and investors seek to secure suitable housing lots," said Dodds.
"The Sunshine Coast market has trended towards smaller lot sizes in recent times and the large residential housing lots are becoming a rare commodity.
"This was a key attractor for developers with the average lot size of 725 square metres seen as a real advantage in the market."
 
</body></html>

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