A long-awaited transformation of a former industrial site in Holroyd has been given the green light, with the NSW Government approving the $1.2 billion Crescent Parklands masterplan that will deliver more than 1,200 new homes just south of Parramatta.

The State Significant Development approval clears the way for a large-scale mixed-use precinct at <a href="https://www.apartments.com.au/new-apartments/1-crescent-street-holroyd-nsw-2142">1 Crescent Street</a>, replacing an underutilised site with a coordinated residential community anchored by new open space, retail, and commercial uses.

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> for WA-based developer Tiberius, the approved scheme comprises seven buildings arranged across two precincts. In total, the development will deliver 1,227 apartments, including 201 allocated as affordable housing, alongside approximately 2,500 sqm of retail and 5,000 sqm of commercial space within a mixed-use podium.

<img alt="Tiberius’ Crescent Parklands to deliver 1,200+ homes in major Holroyd transformation" data-entity-type="file" data-entity-uuid="1cc82dd2-8184-4b86-8665-90653147820d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Crescent%20buildings.png?VersionId=2ZmVDc_Rfc4AzQ6ShzZJlvdZnACLerVM" />

The project is structured as a masterplanned precinct rather than a standalone tower. Buildings 1 to 4 will rise from a shared podium with shop-top housing, while Buildings 5 to 7 are positioned closer to the northern park interface as residential flat buildings. The built form has been carefully modulated to balance density with amenity, with the design resolving building separation, solar access, and wind impacts at a precinct scale.

A significant focus of the design is the activation of Crescent Street and the integration of public domain. The submission notes that “individual townhouses [were] removed for community based functions to Crescent Street to increase activation and surveillance,” reinforcing a more urban and publicly engaged street edge. Retail, commercial tenancies, and resident amenity spaces are concentrated along this frontage and within the podium to support day-to-day activity.

The landscape strategy underpins the project’s identity, with a network of pedestrian connections, landscaped corridors, and open spaces linking the site internally and to its surroundings. The design prioritises permeability, delivering “increased uninterrupted flow between spaces for pedestrian access” and improved connections through to the adjoining parklands.

<img alt="Tiberius’ Crescent Parklands to deliver 1,200+ homes in major Holroyd transformation" data-entity-type="file" data-entity-uuid="19282454-ab2f-4e2c-866f-4b35cf4283d4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Crescent%20masterplan.png?VersionId=JQdWGYI5B5R1lzmK4omYOp_8KLPkT4Bv" />

Buildings within the western precinct are oriented toward the park, shaping a residential offering defined by proximity to open space. The design describes this approach as creating apartments “immersed in nature with apartments facing the park,” positioning the landscape as a central organising element of the masterplan.

The broader architectural response addresses both infrastructure and context, with taller elements capturing long-range views toward Parramatta while setbacks and separation distances mitigate impacts on surrounding residential areas. Sustainability initiatives, including solar optimisation, cross-ventilation, and integrated landscape systems, are embedded across the scheme.

Located approximately one kilometre south of Parramatta CBD, the 3.6-hectare site is bounded by Crescent Street, Woodville Road, and Holroyd Sportsground. It benefits from strong access to public transport, including nearby bus routes and train stations, and sits within a rapidly evolving corridor earmarked for increased residential density. The design also strengthens connections between surrounding green spaces, including Holroyd Sportsground and Parramatta Parklands.

The approval follows several years of planning, including a rezoning process that enabled significant uplift in height and density across the site. With determination now secured, Crescent Parklands is positioned to play a major role in delivering new housing supply within Greater Parramatta’s growth area.

Joel Robinson

Tiberius’ Crescent Parklands to deliver over 1,200 homes in major Holroyd transformation

A new State Significant Development application has been lodged over land at <a href="https://www.apartments.com.au/new-apartments/33-43-marion-street-parramatta-nsw-2150">33–43 Marion Street</a>, Parramatta, proposing a high-rise mixed-use tower that leverages planning incentives to deliver a substantial pipeline of new housing, including a dedicated affordable component.

The scheme, currently on exhibition, combines a shop-top housing development with a concurrent rezoning, positioning the site for a significant uplift in density within Parramatta’s evolving southern CBD fringe.

The proposal, designed by <a href="https://www.apartments.com.au/architects/fuse-architecture-0">Fuse Architects</a> for CN Marion, would replace the existing buildings with a 37-storey mixed-use tower, delivering 296 apartments above a retail podium with six basement levels on the 2,376 sqm site.

The residential mix comprises 58 one-bedroom, 207 two-bedroom, and 31 three-bedroom apartments, with communal facilities located on the second level and the rooftop. Ground-level activation is driven by retail and food and beverage tenancies, alongside a publicly accessible through-site link designed to improve pedestrian permeability.

The project includes 194 car spaces, five motorcycle spaces, and 348 bicycle spaces, reflecting a transit-oriented approach in a location directly adjacent to the rail corridor and within walking distance of Harris Park Station.

<img alt="First Look: Plans lodged for 37-storey mixed-use tower with affordable housing at 33–43 Marion Street, Parramatta" data-entity-type="file" data-entity-uuid="3db873ea-62f0-437b-8a6a-eeda154d2dee" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Marion%20building.png?VersionId=YwzBv8OVHwyRnMLGX4slU7QyhTyMZeOX" />

The design adopts a podium-and-tower composition, with a three-storey street wall addressing Marion Street and a reduced two-storey interface responding to adjoining heritage cottages.

A key component of the proposal is the integration of affordable housing under the NSW Government’s in-fill affordable housing pathway, with units to be retained for a minimum of 15 years. This is paired with a broader public domain strategy that emphasises permeability, deep soil planting, and a landscaped through-site link.

“The strategy prioritises a permeable, well-activated public realm and supports a compact tower form to minimise the building’s footprint while enhancing the quality of the ground-level experience,” the design report states.

The proposal includes a central landscaped courtyard, rooftop communal areas, and planting strategies aligned with local environmental conditions and cultural narratives.

<img alt="First Look: Plans lodged for 37-storey mixed-use tower with affordable housing at 33–43 Marion Street, Parramatta" data-entity-type="file" data-entity-uuid="f0e6c165-9967-4d20-9216-e5b8357c85ba" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Marion%20site.png?VersionId=SRod222LwgDmGZJmJY0wTbK39UrWZLSD" />

The site occupies a prominent corner of Marion and Station streets, roughly 100 metres from Harris Park Station, within a precinct earmarked for significant intensification. While the immediate context is characterised by low- to mid-rise buildings and heritage dwellings, planning controls and recent proposals point to a transition toward high-density development.

<section data-scroll-anchor="false" data-testid="conversation-turn-2" data-turn="assistant" data-turn-id="request-WEB:c78224e4-1dd1-48ac-afda-97fe23bac47e-0" dir="auto">
Parramatta has been starved of new apartment supply in recent years. Builder-developers Deicorp and Coronation are the only two currently progressing projects in the suburb. Coronation is nearing completion of <a href="https://www.apartments.com.au/new-apartments/8-phillip-street-2-10-phillip-street-parramatta">8 Phillip Street</a>, which will be the tallest building in Western Sydney once finished, while Deicorp is delivering <a href="https://www.apartments.com.au/new-apartments/cosmopolitan-by-deicorp-parramatta-34-hassall-street-parramatta-nsw-2150">Cosmopolitan</a>, a development comprising over 600 apartments.
</section>

First Look: Plans lodged for 37-storey mixed-use tower in Parramatta

A substantial uplift in height and density is being tested in Lane Cove, with a 225-apartment scheme at 300 Burns Bay Road now on public exhibition as a State Significant Development alongside a concurrent rezoning.

The proposal by <a href="https://www.apartments.com.au/developers/level-33">Level 33</a> would see the demolition of an existing commercial building and associated structures, replaced by a residential development ranging from seven to 15 storeys.&nbsp;

The scheme delivers 225 apartments, including 34 designated as affordable housing, positioning it within the NSW Government’s accelerated Housing Delivery Authority pathway.

The development is arranged as three interconnected residential flat buildings, a response to the site’s long, narrow configuration and sloping topography.&nbsp;

<img alt="First look: 225-apartment Lane Cove tower proposal enters exhibition under State Significant pathway" data-entity-type="file" data-entity-uuid="c325d40c-ead5-45f4-9d77-5a446b23acc0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Lane%20Cove%20pers.png?VersionId=hsCJxT5hj.5kzA6AMInyan1x8mcHeRez" />

<a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a>, the project’s designer, describe a built form that is “divided into three sections, each connected by intermediate infill slots which are recessed to establish greater setbacks and further articulate the development.”

Across the scheme, apartments are supported by communal amenity at ground and rooftop levels, including landscaped open space and a rooftop pool. Basement and lower ground levels accommodate parking, storage, and building services, while a new public park is proposed along the eastern edge of the site, replacing part of the existing built form.

The architectural response has been shaped by the site’s pronounced fall towards the Lane Cove River, with building heights stepping down from west to east to reduce visual bulk and respond to adjoining bushland.&nbsp;

The design report notes that “the development has been carefully designed to integrate with the existing topography with the placement of massing and floor levels adjusted respecting the site’s inherent characteristics.”

<img alt="First look: 225-apartment Lane Cove tower proposal enters exhibition under State Significant pathway" data-entity-type="file" data-entity-uuid="31cc13a5-bc8b-4dc3-b9b1-07c6ec33a82b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Lane%20cove%20site.png?VersionId=NiyH3LimQwiHsE6Q7I5g4Grpr5fRdZaX" />

The project is being advanced through a concurrent rezoning process, seeking to increase the permissible height and floor space ratio beyond current Lane Cove LEP controls of 21 metres. Under the proposal, height would reach up to 54.5 metres, reflecting a shift toward higher-density outcomes in well-located urban areas.

Located on a 7,595 sqm site, the development sits within an established high-density residential pocket characterised by mid-rise apartment buildings set within a bushland setting. The site is within close proximity to Burns Bay Reserve, the Lane Cove River, and an extensive network of open space, reinforcing its strategic positioning for increased housing supply.

Level 33 is doing through the Housing Delivery Authority to try and get its Homebush project of <a href="https://www.apartments.com.au/news/nsw/level-33-adds-to-2-000-unit-pipeline-with-new-two-tower-homebush-plans">more than 300 apartments approved</a>.

The developer has over 2,000 apartments in the pipeline, predominantly in Wollongong.

First look: Level 33 proposes 225-apartment Lane Cove tower

Following the completion of its debut Palm Beach apartment development EVA on Tenth, local Gold Coast developer Chippendale Group has launched its latest project in the in demand area.

Chippendale Group, led by fifth-generation Palm Beach local Daniel Chippendale, has kicked off sales at&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://www.apartments.com.au/new-apartments/elise-palm-beach-3-twenty-fifth-avenue-palm-beach-qld-4221&amp;source=gmail&amp;ust=1775884443343000&amp;usg=AOvVaw2GyxnGQKU2XXwTzQ8_VHgi" href="https://www.apartments.com.au/new-apartments/elise-palm-beach-3-twenty-fifth-avenue-palm-beach-qld-4221" target="_blank">ELISE</a>, 68 coastal-infused apartments just 40 metres from the sand on Twenty Fifth Avenue.

[smartcode_project:default project_id=150992 project_image_fid=366023]

Construction is already well underway, a signal of confidence to buyers, following the demolition of the two-storey walk-up and 1990s built house that sat on two sites that have been amalgamated to create a prime corner block.

There are a mix of two- and three-bedroom apartments on offer, starting from $1.4 million.

[smartcode_project:default project_id=150992 project_image_fid=366024]

Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, Elise responds to its coastal setting through a horizontal architectural form with recessed glazing and layered landscaping. The design aims to balance light, shade and sea breezes while creating a defined presence along the streetscape.&nbsp;

Residences have been planned with an emphasis on outdoor living suited to the Gold Coast climate, including large balconies designed as usable outdoor rooms. Interiors will feature a selection of European appliances and natural materials, including New Zealand wool carpets.&nbsp;

[smartcode_project:default project_id=150992 project_image_fid=366033]

Resident amenities are centred around a wellness-focused ground-level precinct. There will be private access to a heated swimming pool, sauna, cold plunge and gym, alongside a residents’ lounge with dining and entertaining space.&nbsp;

<a href="https://www.apartments.com.au/new-apartments/elise-palm-beach-3-twenty-fifth-avenue-palm-beach-qld-4221">ELISE</a> is located towards the northern end of Palm Beach, which puts it just a short walk to Tallebudgera and Currumbin Creeks. At the end of the street is the newly extended Oceanway, a 36-kilometre pathway that runs up and down the Gold Coast.

Chippendale is targeting a late 2027 completion date for <a href="https://www.apartments.com.au/new-apartments/elise-palm-beach-3-twenty-fifth-avenue-palm-beach-qld-4221">ELISE</a>.

[smartcode_project_cta:default project_id=150992]

Chippendale Group launches Elise, 40 metres from the Palm Beach sand

Sydney developer <a href="https://www.apartments.com.au/new-apartments/31-41-o-hara-street-marrickville-nsw-2204">Third.i</a>&nbsp;has announced a new transport-oriented development in one of Sydney Inner West’s most sought-after metropolitan locations, delivering much needed housing within steps of world-class public transport and vibrant village life.

Located at&nbsp;31-41 O’Hara St,&nbsp;Marrickville, the proposed mixed-use development will include around 300 apartments, with up to 17 per cent dedicated to affordable housing, reinforcing Third.i’s commitment to creating inclusive, well-connected communities that support a diverse mix of residents who keep Sydney’s neighbourhoods thriving.

Located just 100 metres from the new Metro station, the development places residents within minutes of the CBD while offering seamless access to the Inner West’s cafés, retail, and local services. Anchored within a thriving local centre, the project supports everyday living without reliance on cars, while also delivering new public open space for the local community, including a new park and landscaped green areas, alongside high-quality private resident amenities.

Florian Caillon, Head of Acquisitions for Third.i Group, said the project builds on the company’s ongoing work alongside the NSW Government to deliver housing and amenity alongside major transport infrastructure. Amenity includes an activated pedestrianise retail strip that connects Illawarra Road down to the pocket park, and health and wellness facilities.&nbsp;

“Delivering housing of this scale within an established village is a rare opportunity, and few companies have achieved residential outcomes of this size at a village centre," Caillon said.

"We are excited to set a new standard for urban living in the heart of Marrickville,” he said.&nbsp;

The inclusion of affordable housing has been welcomed by frontline workers.

“We are supportive of developments which will allow essential workers like nurses, midwives and carers, the opportunity to live in the communities they care for," said&nbsp;Michael Whaites, General Secretary of the NSW Nurses and Midwives’ Association..

“Many healthcare workers tell us they would like to live closer to where they work, but are being priced out of the market, forcing them to move further away.&nbsp;

“Dedicated apartments for essential workers will support recruitment and retention in local hospitals and aged care facilities, helping to strengthen our health system.”

The project has been declared State Significant Development (SSD) by the Housing Delivery Authority (HDA).

Third.i to deliver 300 apartments in Marrickville TOD precinct

Make every day Valentine’s Day for your partner with a luxury bedroom in an off-the-plan development.

Arguably, the most important room in the house, the bedroom is where residents spend most of their time and effectively has a big impact on their life.

Urban takes a look at 10 luxury Gold Coast apartments with the most inviting bedrooms for your Valentine’s.

1. Yves, Mermaid Beach 
Developer: Hirsch &amp; Faigen Property

[smartcode_project:default project_id=102451 project_image_fid=186078]

Situated in the sleepy Gold Coast village of Mermaid Beach, residents at Yves can relish their humble urban lifestyle from the confines of their bedroom.

The third project from Hirsch &amp; Faigen, the new three-tower development will deliver 145 apartments on Mermaid Avenue, steps from the sought-after millionaire’s row, Hedges Avenue.

Designed by Rothelowman, the one, two and three-bedroom designs deliver a calm pared-back palette that reinforces connection to the ocean, with open-plan living and dining, pale timbers and pristine white walls.

2. 123OBR, Broadbeach 
Developer: Bottega Property Group

[smartcode_project:default project_id=31666 project_image_fid=184149]

Delivered by the Brisbane-based developer, Bottega Group, the $52 million residential development, 123OBR,&nbsp;is a grand, new Broadbeach offering.

Described as&nbsp;vertically-stacked, verdant Queensland beach houses, each whole-floor apartment, designed by Woods Bagot, provides the ideal Valentine’s Day setting.

Named after its location of 123 Old Burleigh Road, one row back from Broadbeach, the 14-residence home includes a whole-floor resort deck.

3. Sea, Burleigh Heads 
Developer: Forme

[smartcode_project:default project_id=99968 project_image_fid=187419]

Sea offers a sophisticated collection of homes in Burleigh Heads at a high-end lifestyle development and beachfront address.

Designed in collaboration between Koichi Takada and interior curator Mim Design, the project will feature 240sqm half-floor apartments with three bedrooms and three bathrooms.

Whether in your bedroom or enjoying your private walk-in wine display bar, alfresco dining terrace or large lifestyle space, couples at Sea will savour every moment at home. &nbsp;

4. The AU, Surfers Paradise 
Developer: ASF Group

[smartcode_project:default project_id=6762 project_image_fid=188839]

Delivered by ASF Group, The AU is a collection of just 12 exclusive full-floor ocean-view ‘sky homes’ and two opulent three-level penthouses.

Sitting on the sought-after Esplanade in Surfers Paradise, the 19-storey tower features natural stone benchtops, and gold fixtures and finishes throughout.

With a façade made almost entirely of golden glass, each apartment offers clear panoramic views of the Surfers Paradise beach, the ideal outlook on your special day-in.

5. Chevron One, Surfers Paradise 
Developer: Bensons Property Group

[smartcode_project:default project_id=6515 project_image_fid=174034]

Set to reign as Chevron Island's only luxury high-rise apartment tower, Bensons Property Group’s Chevron One tower delivers ultra-luxury to the Gold Coast.

Designed by Marchese Partners, the development is also home to nearly 2000sqm of resort-style amenities, including a residents’ lounge, floating cinema, dining facilities and sculpted garden.

Master bedrooms front the apartment’s balcony that delivers spectacular views and includes a large walk-in robe and ensuite.

6. Emerson Kirra, Coolangatta 
Developer: Hirsch &amp; Faigen Property

[smartcode_project:default project_id=106646 project_image_fid=184794]

Delivered by Hirsch &amp; Faigen, Emerson at Kirra Beach is a boutique size development with just 27 three and four-bedroom residences.

As well as enjoying a residents’ lounge, recreation deck, resort-style pool and sun lounge, residents will also revel in the experience of living in a Rothelowman-designed bedroom.

Bedrooms feature floor-to-ceiling windows that offer unrivalled views across the ocean and distant Gold Coast skyline.

7. Mirador, Chevron Island 
Developer: Citimark Properties

[smartcode_project:default project_id=107520 project_image_fid=183047]

With a coastal setting on the island oasis of Chevron Island, it is no surprise that the bedrooms at Mirador are exception.

The unique development features 71 two, three and four-bedroom apartments, terraces and sky homes, complemented by resort-style amenity.

Master bedroom suites feature extensive walk-in robes and, where possible, spectacular views of the landscape from freestanding baths.

8. Niña, Chevron Island 
Developer: Macquarie York

[smartcode_project:default project_id=108640 project_image_fid=186591]

Rising 23 levels at Parnerno Street, Niña is the latest Chevron Island development to hit the small Gold Coast island.

Designed by Plus Architecture, the development boasts 73 apartments, with master suites in each residence featuring a walk-in robe and ensuite.

At the sub-penthouses at Niña, discerning buyers will enjoy three-bedroom residences that connect to an outdoor terrace with its own private plunge pool – the ideal Valentine’s Day experience.

9. Pearl Main Beach 
Developer: Raptis

[smartcode_project:default project_id=106752 project_image_fid=182209]

Expected to reach completion this year, Pearl Main Beach will deliver 80 residences in two and three-bedroom configurations at its prime Main Beach Parade location.

The apartment tower has been designed to take advantage of great outlooks to the beach, with an extensive shoreline on offer from apartments or the rooftop.

For couples seeking to enjoy Valentine’s at home, bedrooms are set away from the living space and feature full-height glass to enjoy both the sunrise and sunset.

10. The Glasshouse, Burleigh Heads 
Developer: Spyre Group

[smartcode_project:default project_id=104773 project_image_fid=189485]

South East Queensland developer&nbsp;Spyre Group&nbsp;is set to create one of the Gold Coast's most expensive boutique apartment projects.

Glasshouse, a collection of just three house-sized apartments, will be crowned with a multi-level penthouse, featuring its own private rooftop with a swimming pool.

With a spa and outdoor entertaining area, it may not be the bedroom that you’ll want to spend the day in at this residence.

Urban takes a look at ten luxury Gold Coast apartments with the most inviting bedrooms for your Valentine’s

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Valentine’s Day: 10 Gold Coast apartments with bedrooms you could stay all day in

There is nothing better than a spectacular seaside view, witnessing stunning sunsets and breathing in the fresh sea air to provide you with a sense of peace.&nbsp;

Whether you&rsquo;re into spending time in the water, relaxing on the shore or just observing the scenery from above, these apartments are for you.

Here are six properties in Gold Coast with stunning seaside views that you can secure under $749,000.

<h2>1. Midwater, Main Beach</h2>

One-bedroom apartment from $649,000

Developer: Heran Building Group

[smartcode_project:default project_id=7356 project_image_fid=82548]

Located on Main Beach Parade, Midwater Apartments feature breathtaking 360 degree sea views, stunning interior design and each home even has one-touch Smart Home Automation installed.

Midwater Apartments has beach access to Surfers Paradise and also offers a large range of luxurious amenities including a beachfront infinity pool as well as a rooftop pool. Additionally Midwater features a fully equipped well-being centre with a gymnasium, an outdoor yoga space, and also a steam room and sauna.

Midwater has parking sorted too, with a fully-automated valet parking system available for resident use.

<h2>2. Encore, Broadbeach&nbsp;</h2>

Two-bedroom apartments from $730,000

Developer: Andrews Projects

[smartcode_project:default project_id=14827 project_image_fid=154118]

Encore Broadbeach represents the quintessential Gold Coast lifestyle with floor-to-ceiling windows and oversized balconies highlighting the panoramic views of Gold Coast&rsquo;s skyline and iconic beaches.

Encore also boasts resort-style amenities such as a 25 metre heated lap pool, gym, private sauna and yoga lawns.

This apartment building is well located and is close by world famous beaches and public parks, a local dining precinct, shopping centres and other places of interest including The Star Casino and The Gold Coast Exhibition Centre.

3. Koko, Broadbeach

Two-bedroom apartments from $719,000

Developer: Morris Property Group

[smartcode_project:default project_id=6995 project_image_fid=86615]

Inspired by easy urban living and the buzzing lifestyle that this region has to offer, Koko entices with its boutique charm and urban sophistication.

Koko apartments is perfectly located to the soothing sands and sparkling waters of Broadbeach, as well as World Class parks and walk and cycle ways.

Each apartment features stone kitchens with fitments by Parisi and premium appliances by Franke. Koko takes relaxation to a new level of sophistication, offering a lap pool, a modern gym facility, and above street level private outdoor entertaining areas and gardens for its residents to relax and unwind.

<h2>4. Opus, Broadbeach</h2>

Two-bedroom apartments from $749,900

Developer: Morris Property Group

[smartcode_project:default project_id=6999 project_image_fid=86625]

Opus apartments capture the breathtaking views of Surfers Paradise&rsquo;s Skyline and the Pacific Ocean.

These Chelsea Avenue residences feature intelligent architecture and superior finishes, crafting the perfect open living space. Bespoke stone kitchens are built in with generous amounts of bench space and storage and are also equipped with Smeg appliances.

Opus apartments offer a residents-only haven with its tranquil two-level recreation deck, dazzling open-air pool, beautifully landscaped yoga lawn, fully equipped gym and green spaces with sun lounges and barbeque areas.

<h2>5. The Star Residences, Broadbeach</h2>

Two-bedroom apartments from $742,000

Developer: Far East Consortium

[smartcode_project:default project_id=7840 project_image_fid=85723]

The Star Residences is Gold Coast&rsquo;s newest world-class integrated resort development. The apartment is a short walk to world-class facilities, beaches and the local railway station.

Each apartment is lively and spacious and features dramatic views overlooking Gold Coast&rsquo;s beaches and hinterland. Apartments feature floor-to-ceiling windows which allow for natural light to flow in, timber floors and designer kitchens with high-end European appliances.

The Star Residences caters to looking after families with a kids club and play areas for children as well as a lap pool, a gym and sauna for parents. Families can also enjoy dining areas with barbeques and even a private dining room that overlooks the Gold Coast. Residents also have access to the five-star hotel services on offer.

<h2>6. Ocean, Surfers Paradise</h2>

One-bedroom apartment from $425,000

Developer: Meriton

[smartcode_project:default project_id=7974 project_image_fid=72339]

Soon to be the tallest high-rise building in the Gold Coast, Ocean apartments will stand at 252 metres and 76 levels tall. These apartments are fitted with floor-to-ceiling windows that allow for all residents to experience uninterrupted beachfront views.

Residents will have exclusive access to on-site hubs including a beach club precinct, an indoor swimming pool and sauna, a sky gym, a childcare centre and multiple cafes along the waterfront.

Ocean apartments are located alongside Gold Coast&rsquo;s vibrant retail district, rail station and the beach is only a few minutes from the front door.

See similar articles;&nbsp;

<a href="/news/qld/la-mer-main-beach-apartment-tower-launch-sales">La Mer, Main Beach apartment tower set to launch sales</a>

<a href="/news/qld/turrisi-properties-make-first-gold-coast-foray-with-broadbeach-tower-plans">Turrisi Properties make first Gold Coast foray with Broadbeach tower plans</a>

<a href="/news/qld/de-luxe-apartments-set-to-tower-over-old-burleigh-theatre-site">De-Luxe apartments set to tower over Old Burleigh Theatre site</a>

&nbsp;

Davis Gale

Life is better at the beach: Six Gold Coast apartments with stunning seaside views under $749,000

The Bailey is Pyco Group&rsquo;s latest residential development in Brisbane&rsquo;s iconic and eclectic West End.

Comprising a collection of 26 boutique two and three-bedroom apartments, the project is nestled just back from the Brisbane River.

&ldquo;The Bailey offers modern sanctuary amidst the vibrant and striking backdrop of Brisbane&rsquo;s West End&rdquo;, the project marketing reads.

[smartcode_project:default project_id=25333 project_image_fid=154021]

Designed by Brisbane architecture studio DAH Architecture (DAHA), the space is curated for work and living, with a space made for both reclining with ease and entertaining with energy.

The residence connects buyers to modern amenity, with retail and transport hubs nearby, as well as a stunning rooftop pool.

[smartcode_project:default project_id=25333 project_image_fid=154028]

Located in Brisbane&rsquo;s cultural heart, West End boasts a lively lifestyle and inner-city eclectic charm, with the best of Brisbane&rsquo;s restaurants, arts and culture on offer.

DAHA was formed in 2014 to produce quality design outcomes and is led by architect David Hansford.

Urban takes a look at some of the finishes on offer at The Bailey.

<h2>Fresh finishes at The Bailey</h2>

[smartcode_project:default project_id=25333 project_image_fid=154020]

&ldquo;The apartments at The Bailey offer true modern sophistication brimming with high-quality inclusions and appliances&rdquo;, the developers said.

Whilst inspired interiors and bright, fresh finishes help to maximise natural light and enhance the sense of open-air living.

[smartcode_project:default project_id=25333 project_image_fid=154025]

Features in the kitchen include hybrid timber flooring, stone benchtops, Polytec cabinetry and feature panelling.

Residents can relax in their bedrooms with plush wool carpets, built-in robes and LED downlights.

The home also boasts Miele appliances, matte black hardware and ample storage.

&nbsp;

About the developer

Pyco Group is a boutique residential property developer with over 20 years of collective experience in the Australian property industry.

With over $130 million worth of projects currently underway across Sydney and Brisbane, Pyco Group continues to seek and develop superior residential property for people throughout Australia.

Designed by Brisbane architecture studio DAH Architecture, the space is curated for work and living, with a space made for both reclining with ease and entertaining with energy

The design finishes at Brisbane’s new West End tower, The Bailey

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Damning new research has discovered how prevalent ice and methamphetamine residue is in Queensland rental homes.
In the past seven months, Meth Screen has conducted more than 400 tests, with 35% of Queensland properties testing positive for the illicit drug.
The frightening results found 36% of properties on the Gold Coast contain ice and methamphetamine residue.
In contrast 26% of properties in Brisbane recorded a positive reading.
Some six of the 14 properties (43%) tested on the Sunshine Coast discovered disturbing levels of ice and methamphetamine residue.
One Redland’s rental property recently tested positive for ice, with the methamphetamine readings three times above the Australian guideline levels.
“We’re hopeful landlord insurance will pay for the house to be decontaminated, but at the moment the house is unrentable and we’re losing thousands of dollars in potential rent,” the landlord said.
“Fortunately, we had the property tested for ice when our previous tenants broke their lease.
“I’d hate to think of the repercussions if I had leased the property to a family with young children, without getting the property tested. I’d be putting their health and welfare at risk.”
Crystal methamphetamine is costing Australia an estimated $4.4 billion a year, with Smoke Alarm Solutions launching its partnership with Meth Screen, so property owners and managers can undertake screening for ice and methamphetamine residue.
The partnership will see Smoke Alarm Solutions screen properties for residual meth contaminants, absorbed by floorings, walls, ducting and any furnishings or fixtures and determine if a previous tenant or occupant used or manufactured ice.
Smoke Alarm Solutions CEO Cameron Davis said landlords and real estate agents who value their tenants will adopt meth screening.
There are many short-term health effects associated with exposure to meth residue, including headaches, nausea, burning skin, dizziness, breathing difficulty, sleeplessness and behavioural issues.
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Many Queensland rental properties test positive for meth/ice 

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Set on an 800 square metre block in central Cannonvale, the three bedroom house has been sold by mortgagees for $272,000.
It was sold by Ellen and Bek from Ray white earlier this month.
It had last sold for $375,000 in 2006.
<a href="https://www.realestate.com.au/sold/property-house-qld-cannonvale-127313018" target="_blank">Located at 4 Grace Avenue</a>, the property features polished floorboards and a large entertaining deck.
There is plenty of car parking under the home and the potential to build in underneath and there is also space to put in a pool.
The suburb's median house price sits on $430,000 according to CoreLogic. 
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Cannonvale, Queensland offering sold by mortgagee

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<h1>
<a href="https://theconversation.com/profiles/mark-mcgovern-168" target="_blank" style="font-family: Tahoma, Helvetica, Arial, sans-serif; font-size: 12.16px;">Mark McGovern</a>, <a href="http://theconversation.com/institutions/queensland-university-of-technology-847" target="_blank">Queensland University of Technology</a>
</h1>
The Queensland state government is <a href="https://www.qtc.com.au/annual-reports/annual-report-2016-17/" target="_blank">paying a higher interest rate</a> than most Queenslanders are on their mortgages. To make matters worse, debt is <a href="https://www.researchgate.net/publication/265852954_Subprime_agriculture_and_Australia" target="_blank">becoming problematic in rural areas</a> with incomes and asset values down, and debts, unemployment and underemployment up.
Without improved state government debt arrangements, and policies to alleviate stressed industries and communities, Queenslanders’ income and wealth will suffer.
A destructive dynamic is at work in government, rural and urban debts. As debt servicing bites, consumption falls, stressing businesses and their employees. Public and private interest payments crowd out jobs and business investment.
The interest rate on Queensland government debt is currently 5.2% per annum, compared to <a href="https://www.canstar.com.au/compare/home-loans/?amount=350000&amp;profile=Buying+Next+Home+350k&amp;purpose=Buying+Next+Home&amp;repayment_type=P%2BI&amp;state=NSW&amp;Loan+Type=Variable&amp;provider_link=Yes%2C+only+show+results+with+links" target="_blank">mortgage rates</a> between 3% and 4%.
Interest rates fluctuate markedly from year to year. Today the <a href="https://www.rba.gov.au/statistics/cash-rate/" target="_blank">Reserve Bank of Australia cash rate is 1.5% pa</a> yet the Queensland government in 2013-14 was paying the same 5.2% pa when the RBA cash rate was 3% pa. Failure to capture lower market rates is evident in the state’s finances.
<h2>Government debt</h2>
The Queensland government sells bonds to cover its borrowing. For example, it could sell a ten-year bond for A$1,000 (the face value) that pays out 5% pa every six months. The Queensland Treasury makes interest payments every six months and pays back the A$1,000 after ten years.
However, bonds are traded in markets and can be bought and sold for more or less than the face value. If interest rates in the wider economy are lower than what the bond pays or if perceived risks are low, a bond may trade for more than the face value, say A$1,100.
Looking at <a href="https://www.qtc.com.au/annual-reports/annual-report-2016-17/" target="_blank">Queensland Treasury Corporation data</a> we can see that total debts held by the State of Queensland had a face value of A$89.2 billion but a market value for A$98.5 billion at the end of June 2017. This was A$9.3 billion more than face value.
Also evident is that total debt peaked in 2014-15, but <a href="https://www.sunshinecoastdaily.com.au/news/leaders-trip-over-debt-campaign-unfolds/3253743/" target="_blank">no one seems to have noticed</a>.
<iframe style="border: none;" src="https://datawrapper.dwcdn.net/10id6/3/" frameborder="0" width="100%" height="400"></iframe>
Examining the breakdown between Queensland departments such as Treasury and the government-owned corporations that supply electricity, water and the like, the rise in Queensland general government debt was relatively smooth between 2007 and 2015. Changes in government had no significant effects on the trend in general government debt.
This rise appears driven by a <a href="https://s3.budget.qld.gov.au/budget/papers/2/4-Revenue.pdf" target="_blank">shortfall in government revenue</a>, poor policies and the global financial crisis. A lack of critical information about government debt compounded these problems.
As discussed by the <a href="https://publications.qld.gov.au/dataset/rural-debt-and-drought-taskforce-report/resource/fea23ad0-e069-4484-91ce-d1d762decc48" target="_blank">rural debt and drought taskforce</a>, relatively small rural debts also appear to be manageable. Much bigger challenges lie in the big cities because of the sheer size and the recentness of much debt.
<h2>Refinancing Queensland?</h2>
Relatively small steps can have big effects in the current situation.
The first step for the new government is to provide better transparency about the state of government debt with Treasury publishing better analysis and fuller accounts. This will help lead to more sustainable state finances, and to tackle problems in both rural and urban areas.
Although large Queensland government debts appear relatively manageable, this is providing that net government revenues can be maintained.
There are several potential policy initiatives but we only have space to consider one. Suppose the Queensland government set a target of transitioning to raise one-third of its funds from directly selling non-transferable bonds (that can’t be bought or sold) to Queenslanders. This was a regular practice before financial liberalisation in the 1980s. If done again well, it could be a win-win outcome.
Much like a term deposit, Queenslanders could buy five-year bonds with an interest rate of, say, 3% pa. This would reward Queensland savers with better returns than they could get in a savings account and keep money within the state. It would have saved the government the significant sum of A$620 million if used for a third of government bonds in 2016-17.
<img src="https://counter.theconversation.com/content/87586/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1">Interest payments should be one focus for the incoming government as it works with insight to improve its management of debts and their effects. Gains from some fresh thinking could be considerable.
<a href="https://theconversation.com/profiles/mark-mcgovern-168" target="_blank">Mark McGovern</a>, Visiting Fellow, QUT Business School, Economics and Finance, <a href="http://theconversation.com/institutions/queensland-university-of-technology-847" target="_blank">Queensland University of Technology</a>
This article was originally published on <a href="http://theconversation.com" target="_blank">The Conversation</a>. Read the <a href="https://theconversation.com/the-queensland-government-is-paying-more-for-its-debt-than-the-average-mortgage-holder-87586" target="_blank">original article</a>.
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The Queensland government is paying more for its debt than the average mortgage holder

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The level of loss-making resales has fallen across Brisbane during the March 2105 quarter and are now at their lowest level since April 2011.
According to the CoreLogic RP Data pain gain report, Brisbane's losing resales totalled 9.6%, down from 10.3% the previous quarter and down from 10.9% when compared to the same period last year.
Resale losses were felt hardest in the Lockyer Valley (24.3%), Somerset (18.2%) and Ipswich (17.2%). 
<a href="/images/2015/06/23/700_pain5.jpg" target="_blank">Click to enlarge</a>
 
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Lockyer Valley, Somerset, Ipswich resale losses still rampant: CoreLogic RP Data pain gain report

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The boutique 1770 Beach Shacks in the Queensland town 1770, south of Bundaberg, has been listed for sale for the first time in 17 years.
The town of 1770 is about 130 kilometres from Bundaberg in the north and Gladstone in the south and 494 kilometres from Brisbane.
Located on Captain Cook Drive, the 1770 Beach Shack has four Balinese-inspired pole houses with private decks, overlooking the 1770 swimming beach. 
The ‘Stone Cottage’ is an adjoining bungalow on 809 square metres of land that holds a separate title and is on Elliot Street. It is currently used as a manager’s residence. The combined land area is about 1,585 square metres.
1770 is named for Captain Cook's second land fall.
Agent Leon Alaban of Ray White is seeking expressions of interest, closing on November 19, in the property as a freehold with a business.
According to RP Data, a house on 610 square metres of land at 632 Captain Cook Drive has been for sale for several years with a price tag of $1.2 million.
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