Enfield may be home to fewer than 3,000 residents, but its prime location between Strathfield and Burwood has cemented its status as one of the Inner West’s hidden gems.

The suburb offers a village-style lifestyle with an abundance of cafés, restaurants, and boutique shops, staples of Inner West living.

At the last census, there were only around 300 apartments in the suburb. Fewer than a handful of new apartment developments have been delivered in recent years, but none are as well positioned as The Carlyle, just a three-minute walk to Henley Park, arguably one of the best parks in the area.

<a href="https://www.apartments.com.au/new-apartments/the-carlyle-enfield-164-liverpool-rd-enfield-nsw-2136">The Carlyle</a> will comprise 32 one- and two-bedroom apartments, a mix rarely seen in the new development market across Sydney.

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<a href="https://www.apartments.com.au/project-marketer/ray-white-projects-western-sydney">Ray White Projects WS</a>&nbsp;is fielding enquiry from several buyer types.

"First home buyers are realising this is the best time to get into the market," says Mark Bernberg, <a href="https://www.apartments.com.au/project-marketer/ray-white-projects-western-sydney">Ray White Projects WS</a>&nbsp;Managing Director.

"There are now several government incentives assisting first home buyers to get onto the property ladder. The recent announcement to waive lender's mortgage insurance for those with low deposits puts tens of thousands back in their pockets. Pair that with stamp duty savings in the new apartment space, and there has never been a better time to be a first home buyer in the off the plan apartment market."

Bernberg has also seen a re-emergence of investors, attracted to the low supply of apartments in Enfield and the suburb's lifestyle, while also being on the fringe of Burwood, which is set to undergo a huge transformation with its recent rezoning around the new metro station.

"That will bring a wealth of new retail and amenity to the area, which tends to drive prices higher," Bernberg says.

"Rents are at record highs, and with interest rates coming down from the highs earlier this year, investment apartments are starting to stack up again financially."

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The Carlyle apartments will sit above doorstep amenity, with a two-level retail podium incorporated into the striking building. The retail component will include a new ground-floor café facing Carlyle Street.

Two-bedroom apartments range from 67 sqm to 83 sqm internally, with some of the larger residences on the top level featuring expansive wraparound balconies. These layouts are designed to enhance seamless indoor-outdoor living, maximising natural light and views.

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The Carlyle's proximity to Henley Park is one of its biggest drawcards. The 13-hectare park includes multiple sports fields, two fenced playgrounds designed for various age groups, and Enfield Aquatic Centre, complete with Olympic-sized swimming pool.

The Carlyle is on track to welcome residents in early 2026.

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Joel Robinson

The Carlyle in Enfield launches to undersupplied Inner West market

A new Metro stop, a thriving café scene, and proximity to village-style retail have cemented St Leonards as one of the Lower North Shore’s most sought-after suburbs for new development.

Among those seizing the opportunity is Sekisui House Australia, which has chosen this prized pocket, in the St Leonards South precinct, for its first-ever inner-city apartment project, <a href="https://www.apartments.com.au/new-apartments/waterstone-st-leonards-24-berry-road-st-leonards-nsw-2065">Waterstone</a>.

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Set for completion in the summer of 2027, Waterstone comprises 207 apartments across five buildings, designed to look south back to the&nbsp;Sydney&nbsp;CBD.&nbsp;The new project offers residents the rare balance of connected urban living and tranquil green surrounds.

Just moments from home lies Smoothey Park, a blend of natural bushland and manicured parkland. It forms part of the Wollstonecraft cluster of reserves, including Gore Cove, Badangi Reserve, and Berry Island, all offering peaceful escapes on the Harbour’s edge.

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When it comes to lifestyle, St Leonards and its neighbouring suburbs, Crows Nest, Waverton, Greenwich, and Wollstonecraft, deliver an endless array of cafés, restaurants, and boutique retailers. Nearby Mall 88, only 650 metres from Waterstone, adds convenience with over 30 specialty stores.

Connectivity is another major drawcard. The new Crows Nest Metro Station is just one kilometre away, while St Leonards Train Station is a short seven-minute walk. For a more scenic commute, the Greenwich Point Wharf ferry reaches Circular Quay in under 30 minutes.

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For peace of mind, Royal North Shore Hospital, one of Sydney’s most prominent medical hubs, sits just 650 metres away, making Waterstone ideal for healthcare professionals or residents seeking easy access to world-class medical facilities.

Perfectly positioned on the fringe of vibrant activity yet embraced by parkland serenity, Waterstone offers the best of both worlds in Sydney’s evolving Lower North Shore.

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Urban Editorial

Nature and connection define life at Waterstone in emerging St Leonards South precinct

A new collection of residences is now available at <a href="https://www.apartments.com.au/new-apartments/sol-by-walker-maroochydore-first-avenue-maroochydore-qld-4558">SOL by Walker</a>, the residential development that continues to take shape within the Maroochydore City Centre.

The second release introduces 137 apartments to the market, adding to the growing community in what is set to become one of South East Queensland’s most significant urban renewal precincts. The new offering includes a mix of one, two and three-bedroom apartments, alongside a limited number of terraces and penthouses designed to suit a range of lifestyle needs.

“SOL represents the beginning of <a href="https://www.apartments.com.au/developments/maroochydore-qld-4558">Maroochydore</a>’s exciting next chapter, redefining expectations around life in this beautiful coastal city,” David Gallant, Chief Executive Officer and Managing Director of <a href="https://www.apartments.com.au/developers/walker-corporation">Walker Corporation</a>, said.

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Located on South Sea Islander Way, SOL forms part of the broader vision to deliver a connected and vibrant city heart for the Sunshine Coast. Construction is already underway on the first 19-storey tower, with completion targeted for early 2028. The development is being delivered by Walker in collaboration with Sunshine Coast Council and SunCentral.

SOL’s second stage continues the project’s focus on high-quality apartment living, with access to a suite of resident-only amenities including a rooftop sky terrace, wellness retreat, co-working lounge, gym and landscaped garden spaces.

Interiors by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> combine timeless design with natural materials, generous layouts and panoramic outlooks to the ocean, hinterland and river.&nbsp;

“SOL by Walker establishes a new standard in apartment quality, seamlessly integrating superior craftsmanship with unmatched design,” Danny Juric, Director at Plus Studio, said

[smartcode_project:default project_id=147777 project_image_fid=346899]

Apartments feature open-plan layouts with high ceilings and expansive glazing to enhance natural light and ventilation.&nbsp;

A warm, neutral palette ties together stone benchtops, brushed platinum accents, and sandstone-toned carpet, while large sliding doors connect living areas to generous outdoor spaces.&nbsp;

Kitchens are fitted with integrated Miele appliances, refined cabinetry and thoughtful storage, while bathrooms offer double vanities and oversized showers to balance function and comfort.

As part of the Sunshine Coast’s new CBD, residents will be within walking distance of local retail, dining and green space, with transport connections set to expand as the precinct grows. Once complete, Maroochydore City Centre is expected to deliver thousands of new homes as part of the region’s long-term housing strategy.

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Second release at SOL by Walker expands residential offering in Maroochydore City Centre

<a href="https://www.apartments.com.au/developers/mirvac">Mirvac</a> has marked the topping out of Prince &amp; Parade in Brunswick, celebrating the completion of the building’s highest point and a major step forward for one of the developer’s landmark Melbourne communities.

The milestone forms part of Mirvac’s strong construction momentum across Victoria, with <a href="https://www.apartments.com.au/new-apartments/prince-parade-by-mirvac-brunswick-701-park-street-brunswick-vic-3056">Prince &amp; Parade</a> and The Albertine both recently reaching structural completion. Together, the two projects will deliver 265 new apartments, contributing to much-needed housing supply in Melbourne’s inner suburbs.

[smartcode_project:default project_id=4802 project_image_fid=3627]

Designed in collaboration with <a href="https://www.apartments.com.au/architects/bates-smart">Bates Smart</a>, Prince &amp; Parade continues a long-standing partnership that has delivered The Melburnian (2002) and The Eastbourne (2019).

The new <a href="https://www.apartments.com.au/developments/brunswick-vic-3056">Brunswick</a> address comprises a mix of one to four-bedroom residences complemented by extensive amenity, including a residents’ lounge, shared dining room and kitchen, library, yoga room, gym, and rooftop terrace, with landscaping by Jack Merlo and a concierge service.

Construction is rapidly transforming the site, with significant milestones achieved across two buildings, supported by 73 slab pours and six fully constructed building cores. Completion is expected in 2026.

[smartcode_project:default project_id=4802 project_image_fid=269383]

Mirvac’s General Manager, Residential Development Victoria, Elysa Anderson said Prince &amp; Parade has been strongly received by buyers seeking quality design and trusted delivery.

“These communities have been well received, attracting strong interest from downsizers and professionals who value high-quality design, premium locations and the confidence of buying with Mirvac,” Anderson said.

Prince &amp; Parade has also achieved a record-breaking apartment sale in Brunswick, underscoring its design quality and market appeal.

“We’re incredibly proud to see Prince &amp; Parade set a new benchmark for Brunswick. This <a href="https://www.apartments.com.au/news/vic/exclusive-mirvac-breaks-brunswick-record-with-prince-parade-sale">record-breaking sale</a> is a testament to Mirvac’s design excellence, quality craftsmanship, and our strong reputation for delivering high-quality residential communities across the country,” Anderson said.

[smartcode_project_cta:default project_id=4802]

Prince & Parade tops out in Brunswick as Mirvac marks dual Melbourne milestones

<a href="https://www.apartments.com.au/developers/mirvac">Mirvac</a> has celebrated the topping out of The Albertine, marking the completion of the 14-storey structure on the edge of Melbourne’s CBD and signalling strong progress across the developer’s Victorian pipeline.

The milestone forms part of Mirvac’s $7.4 billion Victorian development portfolio, which includes both residential and mixed-use projects such as Prince &amp; Parade in Brunswick, which also reached its highest point recently, and Trielle at Yarra’s Edge, scheduled to top out in early 2026

[smartcode_project:default project_id=138659 project_image_fid=294831]

<a href="https://www.apartments.com.au/new-apartments/the-albertine-by-mirvac-melbourne-31-queens-lane-melbourne-vic-3004">The Albertine</a> offers one to four-bedroom residences complemented by exclusive resident-only amenity, including The Circadian Club, a wellness centre with an indoor pool and spa, gym, yoga and Pilates studio, and sauna, as well as The Elysian Room, a private dining space on level 10 with sweeping views across Melbourne.

Since construction began in August last year, up to 240 workers have been on site daily, pouring 7,000 cubic metres of concrete across 72 pours and installing more than 1,000 tonnes of steel reinforcement to bring the project to this landmark moment.

[smartcode_project:default project_id=138659 project_image_fid=4353]

Mirvac’s CEO, Development – Residential and Commercial Mixed Use, Stuart Penklis said the achievement highlights Mirvac’s design quality and sustained delivery across Melbourne.

“We are proud to be delivering The Albertine and Prince &amp; Parade, two projects that embody Mirvac’s design excellence, commitment to quality, and focus on creating homes that connect people to their communities," Penklis said.

"With cranes rising high across Melbourne, Mirvac’s residential pipeline is moving strongly, and these milestones are a testament to that momentum."

[smartcode_project:default project_id=138659 project_image_fid=294826]

Penklis added that Mirvac’s growing portfolio demonstrates its commitment to providing diverse housing options across Victoria.

“We have recently opened our third build-to-rent community in Melbourne, LIV Albert at Brunswick, our fifth nationally, which together with our master-planned communities ensures that we are providing a full spectrum of housing options to Victorians.

Completion of The Albertine is expected in 2026.

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The Albertine reaches its highest point on Melbourne’s city fringe

Residential Development

Developers are set to swoop on a prime two block development site in the heart of the in-demand Broadbeach on the Gold Coast.

Property amalgamation specialists GV Property Group have managed to&nbsp;amalgamate the two blocks, some 12 owners, to create the 1,548 sqm site at 19-23 Anne Avenue. They have expressions of interest closing May 20.

GV Property Group agent Luke&nbsp;Reaby&nbsp;said the availability of parcels this size in the hub of Broadbeach are becoming few and far between

&quot;We have been working on this amalgamation for the last 12 months and are extremely excited to see the response it deserves,&quot; Reaby says.

<img alt="" height="728" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gvproperty.jpeg" width="1000" />

The site is just 300 metres from Broadbeach&#39;s Kurrawa Beach to the east. A tower would offer views over the Nerang River and Surfers Paradise CBD to the north.

To the west there would be direct views over the Cascade Gardens and views back down to the Casino and Broadbeach CBD to the South.

This&nbsp;pocket of Broadbeach is supported by some of the most successful developers such as Raptis, Little Projects, and Niecon, who have all had amazing sell-outs stories. Picking the right location is a top priority and this one is a no-brainer.&quot;

Developers have been quick to snap up any available land in the thriving suburb with Raptis recently lodging plans for their Anne Avenue site.

They had Bates Smart create a 383-apartment tower at 5-9 Anne Avenue. Raptis has also recently cleared the site at 6-10 George Avenue to make way for a proposed 40-storey residential tower.

Little Projects sold-out Signature residences are currently under construction in the area, as is Bassar Construction Group&rsquo;s inaugural Gold Coast project, the 39-level Infinity, which also recently sold out.

Morris Property Group kicked off the booming development back in 2021, completing Koko, which was inspired by the modern luxe of international boutique hotels.

The site is just 300 metres from Broadbeach's Kurrawa Beach to the east



Developers to swoop on prime Broadbeach apartment development site through GV Property Group

Vivére on Dorcas is the latest mixed-use development to hit South Melbourne, offering a new home for residents to enjoy every dimension of vibrancy this most enviable postcode has on offer.

Situated within walking distance of Melbourne’s Art Precinct, this South Melbourne&nbsp;development adeptly echoes the Latin roots of its name, “to live”.

Urban takes a look at five reasons why&nbsp;Vivére on Dorcas should be on a buyers shortlist.

1. Hotel, commercial and residential in one

[smartcode_project:default project_id=108979 project_image_fid=181115]

Not often comes an opportunity where hotel, commercial and residential finds its way into one project.

Soaring above South Melbourne’s Voco Hotel, Vivére is a new collection of 36 upscale residences delivered by BEKL, Amazon Property Group’s Australian operation.

Voco is operated and managed by internationally renowned IHG, offering premium room services, and a range of recreational amenities extended to residents of Vivére, including a gym, a sociable restaurant and bar.

2. Collaboration between top architects at Plus

[smartcode_project:default project_id=108979 project_image_fid=181113]

Vivére is a collaboration between Plus Architect’s director-architect Jessica Liew and interior designer Ivona Golubovic.

The 20-storey building forms a sculptural façade and harnesses the exquisite sightline from the east to west with elegant curves and segments.

Founded in 1997, Plus Architecture boasts a thoughtful and professional approach to design that delivers community-responsive, energy-efficient, beautiful residences crafted around the habits and lifestyles of real people.

“The design prioritises light-filled, practical, considered spaces that denote the meaning of home in a luxury or uber-premium package”, the project marketing reads.

3. Sought-after address

[smartcode_project:default project_id=108979 project_image_fid=181109]

According to BEKL, choosing South Melbourne was an easy decision.

“The address only a stretch from the city centre, offers a lifestyle that is rich and cultured, yet distant enough to procure residents a way of life that is effortless, down to earth, and family friendly”, the developers said.

Located in an elusive pocket of South Melbourne, Vivére enjoys a closeness to Melbourne’s cultural offerings, from street art to live music, gardens to sporting matches.

4. Flawless interiors

[smartcode_project:default project_id=108979 project_image_fid=181110]

Apartment interiors combine artful design with luxury finishes, including statement bathrooms, bespoke kitchens and considered floorplans.

Oversized floor-to-ceiling windows ensure optimal natural lighting, while state-of-the-art V-Zug appliances and a Verde Riviera Quartzite kitchen island complement the opulent exterior.

Each residence features engineered wooden floors and wool-blend carpeting, while private balconies deliver panoramic street views and elevated living experiences.

5. A range of exclusive and local amenities

[smartcode_project:default project_id=108979 project_image_fid=182905]

Vivére on Dorcas is a true advocator of a healthy lifestyle, boasting a range of local and exclusive resident-only amenities.

A well-equipped in-house gym, as well as the central location of Vivére, offer opportunities to work-out, cycle on two wheels, or jog around Melbourne’s iconic Tan Track.

Situated only two kilometres from the Melbourne CBD, off the northern end of St Kilda Road, the development presents a wealth of local amenities close at hand.

These include a range of convenient transport options, including both tram and train lines, as well as the new underground Anzac Train Station expected to reach completion after the construction of Vivére.

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Situated within walking distance of Melbourne’s Art Precinct, this Southbank development adeptly echoes the Latin roots of its name, “to live”

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Five reasons why buyers should be looking at South Melbourne apartments, Vivére on Dorcas

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Long considered gritty and unsafe, Footscray is now praised for its eclectic arts scene, foodie reputation and the luxury residential developments contributing to its facelift.

Located in the City of Maribyrnong, the suburb boasts a multicultural energy due to its diverse population resulting from successive waves of immigration throughout the 1970s to the late 90s.

As a new landmark precinct unfolds in Melbourne’s popular growth suburb, Urban takes a look at ten things you will love about Footscray. 
 

1. A new thriving precinct

<a href="/buildings/live-city-124-188-ballarat-road-footscray"><img alt="" height="942" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-03-17_at_12.51.35_am.png" width="1766"></a>

[smartcode_project:default project_id=3565]

Transforming Melbourne’s inner-western fringe, R&amp;F Property’s newest Footscray precinct brings the community to life.

While honouring the site’s industrial past, Live City will feature laneways, cafés, public spaces and heritage buildings to set the tone for Footscray.

 

2. Investment potential

“Following the likes of Collingwood, Fitzroy and Richmond, the potential of this former working-class industrial suburb is being realised”, the project marketing claims.

Footscray boasts promises of future growth with an influx of education and health workers.

The ‘Footscray University Town’ initiative, a partnership between Victoria University and Maribyrnong City Council, is further opening up opportunities for investment, enterprise and employment in the precinct.

The suburb additionally has a rental yield of 4.2 per cent for units, according to REIV, well above the Metro Melbourne of 2.8 per cent.

“Certain sections of Footscray […] are gentrifying and have got great potential” said property investment adviser, Michael Yardney, on his website in Janaury.

 

3. Live in a trendy suburb

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gender-equity-wall-carla-mcrae-web.jpg" rel="gallery-all" title="Gender Equity wall by Carla McRae, Footscray."><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/gender-equity-wall-carla-mcrae-web.jpg?itok=Her7rn4G" title="Gender Equity wall by Carla McRae, Footscray." width="580"></a>

<figcaption>Gender Equity wall by Carla McRae, Footscray.</figcaption></figure>Footscray is amongst Melbourne’s trendiest suburbs, according to Time Out. The melting pot of cultures boasts a diverse offering of restaurants, bars and eateries.

Melbournians love food and Footscray delivers brilliantly on diverse dining experiences.

The Fresh Food at Live City will deliver residents everything they need to whip up a gourmet dish at home, from delicious deli goods to freshly roasted coffee.

 

4. Health and fitness facilities

Live City is giving Footscray the fitness rejuvenation it needs, with countless health and fitness amenities available to residents.

A dedicated pool and proposed gym within the development encourage a balanced and healthy lifestyle, with an array of workout choices and state-of-the-art facilities.

 

5. City views

<a href="/buildings/live-city-124-188-ballarat-road-footscray"><img alt="" height="626" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-03-17_at_12.56.32_am.png" width="922"></a>

Designed to capture the best angles, each Live City apartment enjoys floor-to-city glazing and expansive views over the city and Footscray.

The development, which boasts a communal upper podium, features a communal bar and lounge, podium deck and green space to soak up the sunshine and take in the expansive outlooks over Melbourne

 

6. Surrounded by parks and recreation

Although still evoking a sense of industry, Footscray is surrounded by parklands and nature, with leisure opportunities abound.

Residents will have opportunities to walk, cycle, canoe, fish and barbeque by the beautiful Maribyrnong River. 
 

7. Convenient Location

<a href="/buildings/live-city-124-188-ballarat-road-footscray"><img alt="" height="562" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-03-17_at_12.56.04_am.png" width="950"></a>

Just a short walk away from two of Victoria University’s campuses, Live City boasts unmatched convenience.

Just six kilometres from the city and brimming with transport options, residents will feel never feel disconnected. 
 

8. Preserved heritage buildings

<a href="/buildings/live-city-124-188-ballarat-road-footscray"><img alt="" height="692" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-03-17_at_12.49.51_am.png" width="1034"></a>Live City sets to preserve the heritage buildings that formerly made upthe  George Kinnears &amp; Sons factory.

The site, which exists as a large industrial complex of early 1900s buildings, will be repurposed for the community, reimagined within the art scene.

Established in Footscray on Ballarat Road in 1902, the Kinnears factory manufactured rope, yarn, wine, canvas, carpet, linen, cordage, jute and flax. 
 

9. Live City’s Public Plaza

R&amp;F Property have designed streets and laneways to drive people into the beating heart of Live City, the central plaza.

The space is set to provide residents and the broader community with space to gather and socialise, featuring public seating, landscape sculptures and pathways.

“Like a network of arteries,” the plaza is set to become the “new heart of Footscray”, the project marketing claims. 
 

10. The luxury apartments themselves

<a href="/buildings/live-city-124-188-ballarat-road-footscray"><img alt="" height="1707" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/dsc00985-scaled_0.jpeg" width="2560"></a>

The residences themselves play a role in reinvigorating the inner fringe suburb of Footscray, creating a contemporary community with thoughtful design.

Live City’s lobby delivers a transitional space that buffers the energy and activity of the outside world from the interior.

Designed by Hayball, the sculpted walls, feature ceiling pendant and complementing arrangement of greenery breathe life into the complex, while earthy finishes reference the site’s original heritage as a ropeworks factory.

Inside the apartments, timber flooring, a reconstituted stone benchtop and open-plan living brings together the kitchen, dining and living into a communal space. 
 

One-bedroom apartments in the home are priced from just $350,000, while three-bedroom residences begin at $690,000.
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Transforming Melbourne’s inner-western fringe, R&F Property’s newest precinct brings the Footscray community to life

No longer considered gritty: What development is transforming Melbourne’s Footscray?

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The COVID-enduced downturn in the Australian economy has given residential developers a chance to look to the future and secure residential sites across Sydney.

The NSW Residential Site Sales Division at Savills secured 12 sales over 2020, worth over $330 million, and have another four sites set to exchange early this year for another $190 million.

Apartment sites located near rail, retail amenity and educational facilities remain in high demand, with the lower and upper north shore, city fringe and inner west particularly popular.

Real estate forecasts are strong for 2021 and beyond, particularly in Sydney, where 

Off the plan sales in premium residential blocks such as Crown Residences, Kurraba Residences and the Sirius Building were strong over 2020, particularly in the owner-occupier market.

Savills Australia's director of residential site sales Stuart Cox says he anticipates 2021 being their biggest year on record.

"The residential market is set to bounce in a very positive direction," Cox says.

Cox suggests 2021 has all the ingredients for a rapid recovery for the residential market, with record low interest rates, government grants and incentives and the winding back of restrictive lending obligations which will make it easier and quicker for owner occupiers and investors to get a loan, once it comes into effect in March 2021.

“House and land developments experienced a huge resurgence during 2020 as developers took advantage of the various Federal and State stimulus programs currently available which were introduced to keep the construction industry going through the pandemic, these measures are expected to continue to strengthen the demand for house and land developments well into 2021," Cox says.

Cox said his team is still experiencing significant interest from well-established local Asian developers with strong offshore backing for sites in excess of $50 million that can provide scale and access to rail networks.

“Looking ahead to 2021, there are a significant number of sites already signed up and set to hit the market towards the beginning of 2021, with site values ranging from $10m to over $100m, located across of Sydney.

"We anticipate 2021 being our biggest year on record as the residential market is set to bounce in a very positive direction."

 

 
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Residential developers eye quick recovery in Sydney as development sites get snapped up

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For those of you who follow my writings (I am grateful), you may be aware that I started my property journey 14 years ago.
Lately, I’ve been reflecting on what’s happened over that time. It’s nice to allow time to remember because life can be so hectic.
14 years ago I purchased my first investment property. I had purchased two homes (principal places of residence – PPRs) before then but one of them hardly counts.
I’d bought a house with a boyfriend who decided a few weeks after we settled on the property and moved in together, that he wanted to ‘explore’ a relationship with an old flame.
Well that went down like a ton of bricks!
Here I was working crazy hours in a product manager’s role, studying at university three nights a week and just invested all of my hard earned savings into a home with someone now thinking the grass may be greener elsewhere.
Needless to say I ‘asked’ him (very loose description) to move out, giving my blessing for his so called ‘exploration’ project. I then put the house up for lease and moved home to mum and dad – thank goodness for parents.
After a couple of years, I sold my 50 percent share to him, recouped my savings and promptly used them for a deposit on my second home, bought with a husband this time. I’m still living in this home and it has served us well.
Back to my investments…it all started when I was pregnant with my first son and picked up the book Rich Dad, Poor Dad by Robert Kiyosaki. This was life changing for me and literally a light bulb moment.
I put the book down, booked into an intensive property educational course and whilst studying, working, pregnant and highly motivated, bought my first investment property. It settled around the same time my beautiful son was born and I couldn’t have been happier. I was now a property investor and a mother.
This led to buying four more within two years. Sydney was in a growth phase – it was 2002 - but still property seemed very expensive, pretty much like right now! I quickly learnt that whilst the properties were increasing in value, the yields in Sydney were decreasing. I needed cash flow and the properties I’d purchased were negatively geared. Not bad for my tax returns, but still draining.
I’d already started researching large regional areas outside of Sydney where properties were cheap, rents were strong and land size large. I purchased a property, renovated the house, added two dwellings and subdivided it. Now I was a property developer as well as an investor.
I loved the idea of adding value and creating equity, rather than passively waiting for growth.
This led to my property development project management business; Property Bloom. I had two friends who saw what I was doing and wanted me to manage a development for them. And so I started a system that I’ve never stopped refining. My first two clients/friends lead to many more and now I’ve developed over 100 properties for happy investors who wanted to take their first step into property development but needed some help.
What else has happened?
I had another beautiful son 9 years ago. This was interesting times with a little baby and a 6-year-old to care for and a growing business to run, I worked harder than ever. There was no napping when the baby slept, I’d jump into the office when he napped during the day and work into the nights. I was tired but determined.
My determination came from watching my parents retire on very little. There was no Super in those days. They had some money from selling the family home and downsizing to a sea change location but had to rely on pensions. No grand world trips to celebrate years of hard work for them. They were still happy, but had less options. I wanted a lot more for my retirement. I wanted the freedom and options that comes from having money.
My property portfolio appreciated and my business grew. I felt I was finally building wealth. Then, 3 years ago the worst thing happened.
After almost 20 years, my marriage crumbled and I found myself in the most difficult time of my life. I was scared. I didn’t know how I could get through it or what the future held. I focussed on one day at a time and thank goodness my business kept me focussed.
Guess what? I did get through it, my financial situation actually improved even after the property settlement with my ex and I am happy. I coped because the energy around me changed. I know this sounds a bit new agey but the energy in my life during the final stages of marriage was not good. As soon as things changed, I literally felt positivity radiating around me. I have awesome friends, awesome sons and awesome family that all helped me and I am very grateful.
I have learnt that gratitude is paramount. When you feel grateful, you feel great. Try it. Think of something you are really grateful about and I guarantee it’s put a smile on your face. You can also attract things and people into your life with the right focus and energy. Trust me it works.
When I read that book 14 years ago, I had no investments and were about to start a family. Now I have a portfolio of investments and feel secure about my future. My pride and joy – second to my two sons of course - is Property Bloom, my business. I get to do exactly what I love every day, help others and have flexibility and time for my boys and special friends.
Life is good. 
Jo Chivers is chief executive officer of property development project managers <a href="https://www.propertybloom.com.au/about" target="_blank">Property Bloom</a><a href="https://www.propertybloom.com.au/">.</a>
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A lot can happen in 14 years: Jo Chivers

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We have just completed this fantastic corner block duplex project for our client Bob in Newcastle. 
Total cost of project; includes land, DA and CC consents, Torrens title subdivision, full turnkey construction, legal fees and stamp duty:  $785,143
Both villas sales price (have exchanged now):  $1,035,000
Equity created within 14 months (before any tax applicable):  $249,857
Return on Investment in 14 months after project management fee: 19.6% 
Key highlights of this project:
•      The villas have uninterrupted views
•      Equity creation $249,857
•      ROI within 14 months is 19.6% (after PM fee deducted)
•      Both villas sold before Handover
 
Jo Chivers is chief executive officer of property development project managers <a href="https://www.propertybloom.com.au/about" target="_blank">Property Bloom</a><a href="https://www.propertybloom.com.au/">.</a>
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Creating equity in a residential development: Jo Chivers

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<img src="/images/2016/12/07/CWG-logo-270W-trans.png" alt="" width="433" height="117">
SPONSORED POST
One of Australia’s fastest growing diversified property company’s CWG Development (formerly Chiwayland) has purchased one of Ryde’s most prominent prime locations situated at 771–775 Victoria Road.
The company has recently launched an iconic structure on the site known as Stellar Ryde, designed by award winning architects SJB.
Jennifer Loh, head – sales and marketing for CWG Development, comments: “CWG purchased the site in February this year and knew it had the potential to become something very special. Its central location in one of Sydney’s fastest growing areas has made it very appealing due to its accessibility to major shopping precincts, transport links and employment hubs including Epping, Eastwood, Macquarie Park and Sydney’s CBD.
“Stellar Ryde is located at the gateway to Ryde and will set a new benchmark for sophistication in Ryde. It represents the epitome of luxurious living in a green suburban metropolis. SJB has designed a striking bold structure and beautiful interiors, supported by leading engineers, builders and town planners to help bring CWG Development’s vision to life.”
CWG Development entered the Australian market in 2014, supported by its parent company CWG International Limited, which is listed on the Singapore Stock Exchange, and ranked as one of the top 100 real estate development enterprises in China.
In a very short period of time the company has become one of the leading property developers in Australia, delivering residential apartments and mixed use developments across both Sydney and Brisbane. The project value is currently in excess of $1.1 billion with total sales exceeding $340 million. 
Loh added: “The company’s future is looking very bright in this great country. CWG Development will continue to expand its property portfolio and seek well located sites in growth suburbs like Ryde to develop quality projects that will enhance the communities where they are located.”
For further information visit <a href="https://www.stellarryde.com.au/" target="_blank">www.stellarryde.com.au</a> or the display suite at 819b Victoria Road, Ryde which is open daily from 11am to 4pm.
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CWG Development expands into Ryde

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This week, I came across a couple of quotes that really resonated with me. They were both around giving. 
It's funny but developing property in a way can be very 'taking'. What I mean by this is that you are always trying to get something more like a better deal or cheaper cost, a faster timeframe or a better sale price or rent.
But I've found over the years, if you give first then it becomes a far more enjoyable journey.
The first quote is from Robert Kiyosaki, the famous author of Rich Dad, Poor Dad. I read this book 15 years ago and it changed my life.
"Teach and you shall receive."
I think he's used a twist on a well known biblical quote 'Ask and you shall receive'. Maybe he was thinking along the lines of teaching so they didn't have to ask?  
Teaching someone is giving them the gift of your knowledge and experience and it's one of the many tips that Kiyosaki shares throughout the book. His words are eloquent concerning this idea: “There are powers in this world that are much smarter than we are. You can get there on your own, but it’s easier with the help of the powers that be. All you need to be is generous with what you have, and the powers will be generous with you.”
I call these "powers that be" the Universe and for me it is a powerful thing.
The other quote I liked is from Mike Dooley, author and entrepreneur - "Every time you give, whether it's your time, your compassion or your financial abundance, you're saying 'I am provided for'."
He's talking about leveraging the Universe and he says giving is powerful because it's a physical act that can demonstrate you know you're ok and that you have enough and it's this sentiment or perhaps energy that manifests for you.
Giving is such a simple thing we can all include in our everyday lives. It can be the smallest gift of a compliment that may make someone's moment a bit brighter.
Relating this back to property development, I do try to incorporate giving into our business. We hope what we give to our clients - time, knowledge and experience meets a number of their needs and helps them move towards financial freedom. Our clients pay us for our service but it's the extra thing - education - that we incorporate into this service in the hope they'll be able to use it sometime in the future.
I also hope by writing each week that I'm sharing something with those who read my stories. When I sit down and wonder what I'm going to write about today, I always try and make it come from my heart as well as my head and hope the information may help someone with what they are trying to achieve. 
 
Jo Chivers is chief executive officer of property development project managers <a href="https://www.propertybloom.com.au/about" target="_blank">Property Bloom</a>.
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Teach and you shall give: Jo Chivers

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Remember the TV show Deal or No Deal?  
It’s a show where the player has a suitcase that contains an amount of money. They choose cases to eliminate them in the hope to end up with the highest amount which is $200k at the end. Along the way contestants can choose to take the bank deal offered or take a risk and continue to play. They may end up with $200k or with a much smaller sum.
I used to love the show and I’m always yelling ‘take the deal!’ as I vigorously rub the tips of my fingers together (this may sound weird if you haven’t seen the show).  My pleads directed at the TV get louder as the odds get slimmer.  I realised from playing this game even though I’m a property developer, I don’t like to take too much of a risk if it means losing money.
This threw me a bit as I always thought of myself as a risk taker.  Then I worked out that I do like risk, but only calculated risk.
Calculated risk is defined as:  “A risk associated with a certain course of action which has been given full consideration prior to making the decision to pursue that action. This is usually done when the potential gain is greater than any potential harm that might occur.” investorwords.com
The bit I like in this definition is ‘...when the potential gain is greater than any potential harm...’ ah, so that’s why I like risk, it’s what I do everyday; assess the potential gains in a property deal.  Also my job as property development project manager is to ‘give full consideration’ to a development and inform our clients before they ‘pursue action’.
In a way, the show was a bit like property developing.  If you hit the jackpot, there is good money to be made.  Making the decision on what case to chose could be somewhat like choosing a development site. 
If you chose the wrong site, you can uncover a $50,000 problem and eliminate a lot of your profit.  If you chose the right site, you may create $200,000. 
Property developing is about spotting potential and taking calculated risks. That’s why I love it.
Jo Chivers is chief executive officer of property development project managers <a href="https://www.propertybloom.com.au/about" target="_blank">Property Bloom</a><a href="https://www.propertybloom.com.au/">.</a>
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Spotting property development potential and taking calculated risks: Jo Chivers

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<img src="/images/2016/12/07/CWG-logo-270W-trans.png" alt="" width="437" height="118">
SPONSORED POST 
Acclaimed architects SJB has revealed its latest signature design  – Stellar Ryde which is an $80 million development located in the heart of Ryde.
Ninety five luxurious apartments are spread across two towers reaching nine and five storeys high with prices starting from $599,000 for a one bed.
Gabrielle Suhr, associate SJB Architects, comments: “Bright metallic ribbon like balustrades wrap and shimmer around the solid exterior which brings an element of movement to the façade. The contoured and geometric architecture establishes a unique street presence. 
“Stellar Ryde’s striking grand forms feature a unique blend of colours, with radiant orange on lower levels ascending to yellow and white as the building meets the sky. Bronze louvres and charcoal renders support the autumn colour palette to unveil a distinctive and smart design.
“The interiors reflect the playfulness of the façade with the majority of the apartments enjoying light spanning the depth of the spaces. Shelving details in bright colours bring a touch of the signature yellow into the apartments, while a colour palette of elegant navy and white joinery options bring a crispness to the interiors that are framed by the bronze coloured window details.”
Stellar Ryde comprises 38 one beds, 53 two beds and four three beds. Nine floor plate options are on offer and 24 apartment types. Landscaped gardens and outdoor living areas will also support Stellar Ryde in addition to 208 square metres of retail space on the ground level. Building A also features a roof top terrace with a BBQ and picnic area for recreational activities. Also, 121 car spaces are included in the project (95 residential, 19 visitors, seven retail).
The spacious apartments boast floor to ceiling windows, open-plan layouts, chic modern kitchens with island benches and glazed splashbacks and splendid views of the district and city skyline from most apartments. 
For further information visit <a href="https://www.stellarryde.com.au/" target="_blank">www.stellarryde.com.au</a> or the display suite at 819b Victoria Road, Ryde which is open daily from 11am to 4pm.
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