Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

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"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

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After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

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Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

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The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

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Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

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Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

[smartcode_project:default project_id=135096 project_image_fid=356822]

ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

[smartcode_project:default project_id=135096 project_image_fid=356826]

For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

[smartcode_project:default project_id=135096 project_image_fid=351102]

Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

Joel Robinson

From ONE to ERA: Why buyers are choosing GWH again in Newcastle West

Virgate Property Group is preparing to commence construction of Verdé, its new apartment development in Melbourne's Arts Precinct at Southbank, following a strong run of sales that has seen more than half of the project's 173 apartments secured.

Verdé has attracted a broad mix of first home buyers, owner-occupiers upgrading from nearby inner-city suburbs and investors, with younger owner-occupier couples aged between 28 and 45 accounting for the strongest enquiry. Many are already living in Southbank, South Melbourne, Albert Park, Port Melbourne, South Yarra and the CBD.

"Verdé is located in one of the most desirable pockets of southern Melbourne," Blair Property Group Director Darren Blair, who is managing sales at Verdé, said.

"It's within walking distance of the Arts Centre, Royal Botanic Gardens, Albert Park Lake, and Southbank's restaurants and retail. It's a great lifestyle location with strong amenity and liveability, which made it a very attractive choice for the project."

[smartcode_project:default project_id=4661 project_image_fid=372549]

Virgate was already familiar with the precinct, having previously delivered the successful Domain House development in neighbouring South Melbourne. That experience gave the developer confidence to acquire the Coventry Street site and continue expanding its presence in Melbourne's inner south.

"We had been keeping an eye on the site and the broader precinct for a few months before deciding to move forward with the acquisition," Virgate said.

The project was ultimately secured in 2020 following feasibility studies, planning assessments and due diligence, with the brief centred on delivering "a high-quality, considered design that feels both refined and fit for purpose."

[smartcode_project:default project_id=4661 project_image_fid=314259]

Designed by <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, Verdé comprises 173 one, two and three-bedroom apartments priced from $599,000. The architecture is distinguished by a faceted glass façade that responds to both the site's outlook and Melbourne's changing light conditions.

According to Bruce Henderson Architects, the coloured glazing gives the building a distinctive identity while also providing privacy and solar shading, with residences oriented to capture views across the bay, city skyline and surrounding parklands.

Inside, <a href="https://www.apartments.com.au/interior-designers/designoffice">DesignOffice</a> has created interiors focused on natural light, efficient planning and enduring materials. Apartments feature engineered oak flooring, natural stone benchtops, floor-to-ceiling glazing and SMEG appliances, while a restrained material palette aims to complement the expansive outlooks rather than compete with them.

[smartcode_project:default project_id=4661 project_image_fid=372550]

Resident amenity has also been designed around everyday functionality rather than occasional use. Facilities include a concierge-serviced lobby, residents' lounge with fireplace, library and co-working space, gym, terrace garden with barbecue facilities, ground-floor café, and package delivery management.

The project's location continues to be one of its strongest drawcards. Positioned on Coventry Street, Verdé sits within walking distance of the National Gallery of Victoria, Arts Centre Melbourne, Royal Botanic Gardens and Albert Park Lake, while Southbank's dining precinct, Sturt Street trams and the new ANZAC Station are all nearby. The surrounding education catchment also includes Melbourne Grammar, Melbourne Girls Grammar, Mac.Robertson Girls' High School and several major university campuses.

The sales team says buyers have responded particularly well to the combination of location, design quality and long-term liveability.

"They're responding really positively to the quality of the design, premium resident amenities and the uninterrupted views. Many also appreciate the location and how connected it is to everything they need."

The ability to secure stamp duty savings before completion has also been a key factor for purchasers, alongside the opportunity to personalise finishes ahead of settlement.

With construction set to commence soon and more than half the apartments already sold, Verdé enters its next phase as one of the Arts Precinct's more established apartment developments, offering remaining buyers an opportunity to secure a residence before construction advances further. Expected completion is scheduled for late 2027.

[smartcode_project_cta:default project_id=4661]

Virgate's Verdé Southbank moves toward construction as sales fly past halfway stage

Downsizer-focused apartment development Kooyongkoot in Hawthorn has been recognised at the 2026 Better Future Melbourne Design Awards, taking home Gold and Silver awards in two categories.

<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a>, currently being delivered by developer PQD and designed by Cera Stribley, received Gold in the Interior Design – Proposed category and Silver in the Architecture – Proposed category.

The dual recognition reflects the design approach behind the boutique development on prestigious Kooyongkoot Road, where the focus has been on creating homes for downsizers seeking the space, quality and functionality of a detached house within a low-rise apartment building.

Rather than maximising apartment numbers, <a href="https://www.apartments.com.au/developers/pqd">PQD</a> and <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a> limited the development to just 18 residences, allowing for larger floorplans, greater privacy, generous landscaping and expansive communal spaces.&nbsp;The majority of the apartments also benefit from corner aspects, allowing for dual sources of natural light.

Now around 70 per cent complete and on track for completion in November 2026, Kooyongkoot will comprise a mix of garden residences, ter​race apartments, sub-penthouses, and is crowned by two half-floor penthouses with direct lift access and private rooftop terraces.

[smartcode_project:default project_id=102717 project_image_fid=355297]

The Silver Award for Architecture recognised the way the building responds to its prominent corner position at the ent​rance to Hawthorn's Scotch Hill precinct, one of Melbourne's most established residential neighbourhoods.

Rather than competing with the grand homes that line Kooyongkoot Road, the architectural approach focused on restraint and longevity, using curved brickwork, generous landscaping and carefully considered proportions to integrate with the existing streetscape.

"The form feels fluid and timeless, as though shaped by the landscape itself – architecture that belongs, rather than competes," said Chris Stribley, Co-Founder and Managing Principal of Cera Stribley.

The judging submission also highlighted practical innovations throughout the building, including lift cores servicing only nine homes each, a central landscaped lightcourt designed to bring daylight and ventilation into the building, and fully enclosed private storage rooms with lighting, power and shelving to better accommodate residents transitioning from larger family homes.

[smartcode_project:default project_id=102717 project_image_fid=355293]

The Gold Award for Interior Design recognised the project's focus on long-term liveability rather than display-home aesthetics.

According to the awards submission, the interiors were designed from the inside out, prioritising how homes would function over decades of daily use through generous proportions, practical storage, durable natural materials and flexible layouts.

The specification includes natural stone throughout, upgraded acoustic glazing, V-ZUG appliances and fully enclosed storage rooms, alongside an amenity offering focused on wellness, entertainment and everyday convenience.&nbsp;

Residents will have access to a gym and yoga studio, a wellness centre featuring traditional and infrared saunas, a cold therapy shower and treatment room, as well as a residents' lounge and golf simulator/cinema room for entertainment.&nbsp;Kooyongkoot has also considered the everyday convenience of its residents by offering a private carwash and pet wash facilities on site as well as dedicated parcel lockers and oversized fully enclosed storage rooms.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355303]

The project's attention to detail has already resonated with buyers. Earlier this year, Kooyongkoot recorded one of Boroondara's highest apartment sales when an $8 million penthouse was purchased by a Melbourne CEO downsizing from a nearby family home.

"Every detail feels deliberate, from the overall design down to the smallest touches," the purchaser said.

"The level of quality and refinement is exceptional, but what really sold it was how liveable it felt... It felt like a place where everything had been considered, not just a luxury building."

[smartcode_project:default project_id=102717 project_image_fid=355304]

Sustainability also formed a key part of both award submissions. Kooyongkoot is targeting a minimum 7.5-star NatHERS rating across all residences, supported by passive design principles, high-performance glazing, EV charging infrastructure, water reuse systems and a wellness model focused on lower-energy dry facilities rather than pools and large wet areas.

Located within walking distance of Scotch College, Methodist Ladies' College, Koo​yong Lawn Tennis Club, Aubur​n Village and Camberwell Junction, Kooyongkoot continues to target owner-occupiers looking to remain in Melbourne's inner east without compromising on space or quality. A limited selection of two, three and four-bedroom residences remains available, with prices starting from $1.9 million.

[smartcode_project_cta:default project_id=102717]

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

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Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

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Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

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The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

The apartment price gap drawing Sydney buyers west

A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Rainbow Bay apartment doubles in price since off the plan sale during pandemic

Perth off the plan apartments

Iris Residential's Shenton Quarter, the latest residential development project in Perth's Shenton Park, has become the talk of the town with its prime location in one of the Western Australia capital's most sought-after suburbs.

Offering easy access to the city's top-rated schools, public transport, bustling lifestyle, supermarkets, entertainment hubs, and medical facilities, the development is attracting the attention of potential buyers who prioritise convenience and accessibility.

According to recent reports, Shenton Park has been crowned as the most coveted suburb for three consecutive years. The area boasts of the lowest median days to sell, which signals a sound investment opportunity for those looking to invest in the real estate market.

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Located just six kilometres from the Perth CBD, residents of Shenton Quarter have a plethora of convenient amenity on their doorstep.&nbsp;

Within 500 metres of the site, residents will have access to Shenton College and Shenton Park, along with the Shenton Park Train Station.&nbsp;&nbsp;

The well connected suburb offers a range of transportation options, including trains, buses, and cycling paths, while it's also near to the Mitchell Freeway, which makes it easy to travel to other parts of Perth and beyond.&nbsp;

At Shenton Quarter, the ultimate in 21st century convenience can be enjoyed, with the new shared pedestrian-car laneway lined with cafes and alfresco dining.&nbsp;

Across the ground floor of Shenton Quarter there's also a Coles supermarket, along with a range of specialist boutiques, pharmacy and commercial tenancies, meaning you don't ever even need to leave the building for everyday amenities.&nbsp;

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There's a range of recreational pursuits surrounding Shenton Quarter, which also make it an attractive place to live.&nbsp;

Shenton Park is home to several parks and nature reserves, including Lake Jualbup, which is just over 500 metres away, and Kings Park, with the green spaces providing opportunities for walking, running, cycling, picnicking, and other outdoor activities.&nbsp;

There's also a tennis club, a golf course, and a cricket club within five kilometres from the project, in addition to several galleries, theatres, and music venues in the area.&nbsp;

[smartcode_project_cta:default project_id=26734]

According to recent reports, Shenton Park has been crowned as the most coveted suburb for three consecutive years

alisonwarters@gmail.com

Shenton Quarter delivers the ultimate in convenience 

Serai, the new North Fremantle apartment development by Megara, is set to offer it's future residents extensive amenity within arms reach of their new home.

The McCabe Street project of 99 apartments and townhouses will almost certainly attract the recreational unit dweller, given its prime position just a few streets back from the water.

A short trip down the Stirling Highway will take residents to the heart of the Fremantle retail and dining precinct, which will pique the interests of first home buyers or young families.

Even closer to home, the ground level of Serai will home a cafe set in landscaped gardens and an activated ground plane.

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Serai has a mix of one, two, three and four-bedroom apartments on offer, which start from $595,000 for the generously sized, 76 sqm one-bed units.

Felipe Soto, an award-winning architect celebrated for his innovative designs, has crafted Serai to harmoniously blend coastal and riverside living.

Each residence has been designed to capture the essence of its surroundings, with floor-to-ceiling windows that invite the coastal landscape in.

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Residents will be at home a suite of resort-style amenities,&nbsp;including watercraft storage facilities, as well as boat and pet washdown areas.&nbsp;

Serai not only focuses on aesthetics and comfort but also places a strong emphasis on sustainability. With an average 7-star NatHERS energy rating, the residences have been designed to be energy-efficient and environmentally friendly. The incorporation of double-glazed floor-to-ceiling windows ensures a peaceful living environment while also providing insulation and reducing energy consumption.

The interiors of Serai are a testament to the developers' commitment to luxury and elegance. Each residence features quality V-ZUG Appliances, LAUFEN basins and baths, and Australian-made precision Sussex tapware.&nbsp;

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All of the resident amenity, including the infinity pool, gym, with sauna and yoga studio, and an outdoor cinema, all have views. There's also a games room with pool and poker tables.

Buyers will have the opportunity to choose from three unique colour schemes, allowing them to personalise their living spaces, with a variety of options ensuring every residence can be unique.

[smartcode_project_cta:default project_id=110291]

The McCabe Street project of 99 apartments and townhouses will almost certainly attract the recreational unit dweller, given its prime position just a few streets back from the water

Serai: Riverside living at its finest in North Fremantle

The Perth unit market has been incredibly resilient during the year long, seemingly nationwide downturn, triggered by the RBA's aggressive interest rate hikes.

The latest Home Value Index produced by CoreLogic showed unit values in the WA capital have actually shown modest growth over the last 12 months (+0.1 per cent).

It's one of just three unit markets, (Adelaide +8.8 percent, Brisbane +1.5 per cent), to see growth over the 12 months to May. Sydney saw declines of -7.2 per cent and Melbourne -5.8 per cent.

The national median unit value in Perth is now $409,000, according to CoreLogic, nearly $200,000 less than the median house price in Perth.

Migration is forecasted to improve in Perth. An influx of migration, paired with the current difficulty for developers to get projects out of the ground, means supply levels for off the plan property are well below demand.

We've wrapped up a list of the best apartments currently selling across Perth.

<h2>Amara City Gardens 
Address: 171 Davy Street, Booragoon 
Developer: Iris Residential&nbsp;</h2>

Offering a ready-to-move-in option on the list, the $43 million Amara City Gardens is home to 124 apartments across 14 levels.&nbsp;

Located on the doorstep of Westfield Booragoon Shopping Centre, which has recently been green lit for expansion, all the one-bedroom floorplans in Amara have been sold, with a limited collection of two and three-bedroom apartments remaining.&nbsp;

[smartcode_project:default project_id=8266 project_image_fid=211898]

The two-bedroom apartments can be snapped up for&nbsp;$670,000, while the three-bedders are priced from&nbsp;$810,000.

Each apartment has been designed with spacious open-plan living and plenty of storage for the owner-occupier, with the apartments connecting to expansive balconies, with some even benefiting from city views.&nbsp;

[smartcode_project:default project_id=8266 project_image_fid=199958]

Wide picture windows with double glazing and high 2.7 metre ceilings give a sense of space and light, while engineered oak floorboards and 100 percent wool carpets add luxury and warmth.

Designed with the future in mind, Amara City Gardens achieves an average Nationwide House Energy Rating of seven stars, with initiatives including photovoltaic cells providing solar power to the common areas, boosted solar gas hot water systems, double glazed windows, a car-charging bay, designated car wash areas, secure bike racks, leafy, manicured gardens and creative artwork screens by award-winning local artist Anne Neil.

Residents also benefit a communal yoga deck, along with a wine cellar, dining pavilion, barbecue terrace, gym, sauna and a garden.&nbsp;

<h2>The Terraces 
Address:&nbsp;3 Shenton Road, Claremont 
Developer: Iris Residential</h2>

Due for completion later next year, The Terraces will home 137 apartments across eight-storeys, with a mix of one, two and three-bedroom floorplans on offer.&nbsp;

Located among the tree-lined streets and on the boundary of the historic Claremont Oval, The Terraces are at the heart of one of Perth’s most affluent and sought-after suburbs.

[smartcode_project:default project_id=111894 project_image_fid=190164]

Local construction group BGC are currently under way with building the $150 million development, which is the final addition to DevelopmentWA's sought-after Claremont on the Park precinct.&nbsp;

One-bedroom apartments are priced from&nbsp;$570,000, with the two-bedders from&nbsp;$715,000, and the three-bedders from $1.45 million.&nbsp;

Inspired by the terraced grandstands that grace the world’s most famous sporting grounds, The Terraces have been thoughtfully designed with owner-occupiers in mind, reaching new heights in sustainable living and design innovation.

[smartcode_project:default project_id=111894 project_image_fid=190165]

The Terraces will set a new benchmark for sustainable residential development in Australia, with the project achieving an industry-leading average 8.05-star Nationwide House Energy Rating Scheme (NatHERS) rating.

The highest-rated residences at the HASSELL-designed project reach 9.7 stars on the 10-star scale, which means those apartments are virtually self-lighting and self-climate controlled, while close to 30 per cent of the apartments at The Terraces will achieve a 9-star NatHERS rating.

Residents will also benefit from access to private onside amenity including two private landscaped podiums, a resident’s lounge and dining room, as well as a gym.

<h2>The Pearl 
Address:&nbsp;1-3 Lyall Street, South Perth 
Developer: Prosper Living</h2>

Still in the pre-construction phase, The Pearl is set to be perched between the river and the city.

Drawing inspiration from the nearby Swan River, the 26-storey tower will incorporate soft curves and a green spine, with a promise to deliver premium living spaces and resort-inspired amenities.

[smartcode_project:default project_id=9197 project_image_fid=203302]

With 137 one, two and three-bedroom apartments plus three four-bedroom skyhomes, the interiors of The Pearl focus on flexibility and function,&nbsp;with each cleverly orientated to allow for access to natural light and ventilation.

The one-bedders are priced from&nbsp;$566,000, with the two-bedders coming in at&nbsp;$988,000. The three-bedroom apartments are priced from&nbsp;$1.865 million, while the four-bedroom penthouses are priced from $5.94 million.&nbsp;&nbsp;

[smartcode_project:default project_id=9197 project_image_fid=203450]

The apartments adjoin to generously proportioned balconies, extending each living space, while also drawing in gentle breezes and far-reaching views.

Residents of The Pearl will also have access to an array of resort-inspired amenity within the tower, including a landscaped terrace which is complete with an infinity edge pool, a massage room, private seating alcoves, gardens, an outdoor dining area and barbecue facilities.&nbsp;

The tower also homes a gym, sauna, steam room, yoga deck, theatre, games room, resident's lounge and dining room, as well as a temperature-controlled wine room.&nbsp;

Construction of The Pearl is slated for completion by mid 2025.&nbsp;

<h2>Olive St 
Address:&nbsp;263 Hay Street, Subiaco 
Developer: Devwest</h2>

Construction has begun on the latest residences set for the leafy suburb of Subiaco.

Set across six-storeys, Olive St. will feature 71 apartments, with a mix of one, two and three-bedroom apartments, as well as commercial and retail space.

[smartcode_project:default project_id=106968 project_image_fid=210984]

Designed by the architects at MJA, the apartments are well-oriented, with natural light abounding, and a range of views to be enjoyed from different apartments, including city views and an outlook over Subiaco.

Each apartment is fitted with premium appliances, ample storage, and flow, as well as open-plan living spaces that connect to spacious terraces or balconies, allowing for seamless indoor and outdoor living.

[smartcode_project:default project_id=106968 project_image_fid=210985]

Olive St has also been cleverly designed to offer communal work from home facilities, complete with plenty of desk space, high-speed WiFi, booths for private calls, and a boardroom for client meetings.&nbsp;

The development will also feature leafy green outdoor spaces, a barbecue area, a residents' lounge, and even a fire pit.

The one-bedroom apartments are priced from&nbsp;$535,000, with the two-bedders beginning from&nbsp;$710,000, before topping out at $1.145 million for the three-bedroom offerings.&nbsp;

The latest Home Value Index produced by CoreLogic showed unit values in the WA capital have actually shown modest growth over the last 12 months (+0.1 per cent).

Perth's best off the plan apartment selling in May 2023

Perth locals Devwest have commenced construction on their latest apartment development in the leafy suburb of Subiaco.

Set across six-storeys, Olive St. will feature 71 apartments, with a mix of one, two and three-bedroom apartments, as well as commercial and retail space.

The sought-after inner city address will connect residents to the best Perth has to offer, with shops, bars, restaurants and parks all nearby, not to mention the CBD and Swan River.

[smartcode_project:default project_id=106968 project_image_fid=210986]

Jones Realty are marketing the project which will fill a gap in the market for affordable housing, with prices starting from just $505,000.

Designed by the architects at MJA, the apartments are well-oriented, with natural light abounding, and a range of views to be enjoyed from different apartments, including city views and an outlook over Subiaco.

Each apartment is fitted with premium appliances, ample storage, and flow, as well as open-plan living spaces that connect to spacious terraces or balconies, allowing for seamless indoor and outdoor living.

The interior features a mixture of bold and modern design elements, from the engineered timber flooring to the entertainer-style kitchens.

[smartcode_project:default project_id=106968 project_image_fid=210987]

Olive St has also been cleverly designed to offer communal work from home facilities, complete with plenty of desk space, high-speed WiFi, booths for private calls, and a boardroom for client meetings.&nbsp;

The development will also feature leafy green outdoor spaces, a barbecue area, a residents' lounge, and even a fire pit.

[smartcode_project_cta:default project_id=106968]

Jones Realty are marketing the project which will fill a gap in the market for affordable housing, with prices starting from just $505,000

Devwest commence construction on Subiaco apartments, Olive St.

Ready to move in, riverfront apartments come few and far between in Perth, but award-winning developers Edge Visionary Living still have a handful of residences remaining in their Vantage development in Rivervale.&nbsp;

Located in the popular Springs precinct at 60 Riversdale Road, Hillam Architects have designed the project to offer a blend of five-star hotel resort living and private residences.

[smartcode_project:default project_id=7780 project_image_fid=75504]

The lobby is the ultimate welcome, with contemporary finishes and angular voids that define the space and begin the luxury hotel-like experience.

That experience is only enhanced by the resort-style amenity, with the pool deck oasis a standout feature. An infinity pool and spa overlooks the river, and it's accompanied by a barbecue cabana, and a gym with a steam room.

There's also the&nbsp;expansive Sky Terrace which has similarly sweeping views, as well as an outdoor kitchen and dining spaces, a yoga deck, and even a rooftop cinema.

[smartcode_project:default project_id=7780 project_image_fid=75522]

The two and three-bedroom apartments feature large floor-to-ceiling windows that fill the space with natural light and offer uninterrupted views of the Swan River, Perth City, and the Perth Hills, while shadow-line cornices add a touch of sophistication.

The kitchens are the heart of the homes, with AEG appliances and stone benchtops, which are both stylish and functional, designed as the perfect place to entertain.&nbsp;

[smartcode_project:default project_id=7780 project_image_fid=75493]

The location is one of the biggest drawcards to Vantage.

Absolute riverfront access means that you can kayak, swim, or simply take in the views of the river whenever you like.

And if you're a sports fan, Optus Stadium and Crown Perth are also within walking distance.

[smartcode_project_cta:default project_id=7780]

Located in the popular Springs precinct at 60 Riversdale Road, Hillam Architects have designed the project to offer a blend of five-star hotel resort living and private residences

Move-in ready apartments on the Swan River: Inside Edge Visionary Living's Vantage

DevelopmentWA has released the Draft Concept Plan for a new residential community that will transform the former TAFE site in Beaconsfield, in collaboration with the City of Fremantle and Department of Communities.&nbsp;

The Draft Concept Plan for the&nbsp;11-15 Grosvenor Street site incorporates a range of affordable and social housing options, as well as community facilities, public open spaces, and potential commercial premises.

The redevelopment will be informed by DevelopmentWA's consultation with the community and key stakeholders, as well as consideration of the City of Fremantle's 'The Heart of Beaconsfield (THOB) Masterplan.'

The Beaconsfield Redevelopment Project is approximately 14-hectares of land and comprises the Davis Park precinct and the Beaconsfield TAFE site.

The former TAFE site was used for a number of decades as a training ground for particularly building and construction, carpentry, business and hospitality trades, with the demolition of the 54-year old site completed back in December 2022.&nbsp;

Through the redevelopment of the site, DevelopmentWA is contributing to the State Government's target of 3,300 new social housing dwellings over four years, with the new community set to provide much-needed affordable housing options for the city of Fremantle.&nbsp;

The project is also expected to generate jobs and stimulate economic growth in the area, transforming the disused site into a vibrant and sustainable community that meets the needs of the growing Beaconsfield area.

<img alt="proposed site development" data-entity-type="file" data-entity-uuid="b5c99d1a-9d0b-4f83-87f8-ca03759a3e2a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-28%20at%202.15.36%20pm.png?VersionId=Mt05elKyd9.YmcAajA5fTS5h1zZJtpAD" />

Housing and Lands Minister John Carey said the redevelopment of the former Beaconsfield TAFE site will transform and breathe new life into the local community, while bolstering the supply of social and affordable housing in the area.

"We have listened to the local community and have taken on board their input and feedback as we develop the final vision for this important urban regeneration project."

The proposed development will include a mix of high-density residential buildings, family houses, and commercial premises.

Plans for the 3.8-hectare site included a focus on sustainability, new public open space, retention of mature trees and improved security and safety in the area, in addition to a playground and a network of pathways featuring waterwise landscaping.&nbsp;

150 residences are expected to be delivered in the development, with precincts for one and two-storey family houses and precincts for five and eight-storey apartment buildings.

The site will also feature a mixed-use zone and road connectivity from Badham Close through to Caesar Street. Pedestrian/cycling and green links, including Lefroy Road to Grosvenor Street, will also be incorporated into the design.

Sustainability will be a key feature in the project, with the team incorporating learning from DevelopmentWA's recent developments in White Gum Valley and Hamilton Hill. A community garden will be considered as part of the project, with the all-electric development also set to incorporate water sensitive landscaping infrastructure.&nbsp;

It's anticipated the houses will target a 7-star&nbsp;NatHERS rating, while also including solar PV systems.&nbsp;

The site redevelopment is expected to take a few years to complete, with the former TAFE site already demolished to pave way for the future development.

Currently in the planning approval phase, DevelopmentWA expect to begin sales and construction from 2025 onwards.&nbsp;

[smartcode_project_cta:default project_id=139296]

The Beaconsfield Redevelopment Project is approximately 14-hectares of land and comprises the Davis Park precinct and the Beaconsfield TAFE site

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