A collection of just 25 large-format apartments and penthouses overlooking Goodwin Park is entering the Coolangatta market, with <a href="https://www.apartments.com.au/new-apartments/marea-residences-coolangatta-27-27a-dixon-street-coolangatta-qld-4225">Maréa Residences</a> combining a low-density, residential-only approach with uninterrupted park and Pacific Ocean outlooks.

Located at 27 Dixon Street, Maréa comprises three and four-bedroom residences alongside a limited number of dual-level penthouses, with the project positioned between Goodwin Park and <a href="https://www.apartments.com.au/developments/coolangatta-qld-4225">Coolangatta</a>’s coastal precinct.

Construction has commenced, with completion currently estimated for late 2027. Three-bedroom residences are priced from $1.8 million.

[smartcode_project:default project_id=150999 project_image_fid=374005]

The project has been designed around its northern outlook across the park, with the building’s architecture, landscaping and material palette intended to establish a connection with the neighbouring green space. The residences have been configured to maximise natural light and views across Goodwin Park towards the ocean.

Inside, the material palette incorporates timber, stone and brushed brass, complemented by curved detailing and ambient lighting. Kitchens and bathrooms carry the same natural material approach, while residences also include basement parking, storage and lift access.

Maréa’s penthouses are arranged over two levels and include private pools, adding another layer to the project’s focus on larger-format apartment living. Across the development, residences are configured with three or four bedrooms rather than the broader mix of smaller apartment types commonly found in larger projects.

[smartcode_project:default project_id=150999 project_image_fid=374010]

Resident amenity is concentrated at rooftop level, where landscaped entertaining terraces and pools take advantage of elevated views across Coolangatta and the Pacific Ocean.

The project has so far been particularly well received by local owner-occupiers and downsizers, according to Urban Activation Property Sales and Marketing Director Matt George, with the residential-only format, construction quality and northern park outlook among the features resonating with purchasers.

“The uninterrupted northern aspect overlooking Goodwin Park has been a key point of difference, with buyers attracted to the sense of serenity and open space the park provides, while still enjoying easy access to the ocean and being within walking distance of the lifestyle and amenities Coolangatta has to offer,” George said.

[smartcode_project:default project_id=150999 project_image_fid=374002]

“The combination of high-quality construction, a residential-only building, park outlook and proximity to the beach has resonated strongly with the local downsizer market.”

The Dixon Street address is within walking distance of Coolangatta Beach and the broader southern Gold Coast coastline, including the surf breaks at Snapper Rocks and Kirra. Coolangatta’s cafés, restaurants and retail are nearby, while Gold Coast Airport is also within close proximity.

[smartcode_project_cta:default project_id=150999]

Joel Robinson

Maréa Residences brings parkside apartments to Coolangatta

Melbourne developer PDG has secured Victorian Government approval for its $1.5 billion Southbank development <a href="https://www.apartments.com.au/new-apartments/the-one-1-queens-bridge-street-southbank-vic-3006">The One</a>, clearing the way for the long-dormant riverfront site opposite Crown to finally be developed.

The Minister for Planning has approved the project at 1-29 Queens Bridge Street, with the Department of Transport and Planning issuing the planning permit following its assessment.

The approval will allow PDG to develop the prominent 5,059 sqm site with a major mixed-use tower comprising premium apartments, including branded residences, a luxury hotel and boutique office space.

PDG acquired the site in late 2024, with its position directly opposite Crown's main entrance and near Melbourne's Arts Precinct making it one of Southbank's most significant remaining development opportunities.

<img alt="PDG" data-entity-type="file" data-entity-uuid="3933013e-6332-4386-b9be-089df05caf17" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.22%E2%80%AFAM.png?VersionId=sITIgBqDL0N3VNSMwWEmF5UA.uvcsRyu" />

Designed by COX in collaboration with ODO and PDG, the tower's architecture draws on the movement of the Yarra River, with six vertical pleats running the height of the sculpted facade.

The project will also see the heritage-listed Queens Bridge Hotel restored and incorporated into the development&nbsp;with new hospitality and public uses, including a rooftop venue.

A significant component of The One will be its residential amenity.

More than 5,000 sqm of resident facilities will be delivered across a single level, making it one of the largest consolidated residential amenity offerings proposed in an Australian apartment development.

The planning approval also incorporates a major upgrade of Queensbridge Square, which PDG will deliver in partnership with the City of Melbourne.

<img alt="PDG" data-entity-type="file" data-entity-uuid="73167fcd-1031-4b6f-a408-a064cfe45ed1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.17%E2%80%AFAM.png?VersionId=Pf1AEWxw6SNmBqR0zQW5lyEze.MtxgFp" />

The existing square will be revitalised as a new civic and pedestrian space along the Yarra River, strengthening the connection between the project, Southbank and the riverfront.

PDG Founder and Managing Director Vince Giuliano said the approval represented a major milestone for a site which has remained largely underutilised for more than 15 years.

“This is the most significant Planning Permit approval Melbourne has seen in recent years,” Giuliano said.

“For more than 15 years, this site has remained underutilised. This approval enables us to deliver a project that will contribute meaningfully to the revitalisation of Southbank, restore and reactivate an important heritage building, and create a new civic and hospitality destination for Melbourne.”

The latest approval follows an earlier planning permit issued by the City of Melbourne covering demolition works across part of the site at 9-29 Queens Bridge Street. Those demolition and early works are already underway.

PDG has also started generating early interest in the residential component from owner-occupiers ahead of a planned public launch in early 2027.

PDG secures approval for $1.5bn Southbank apartment development, The One

Local developer Harridan is seeking to turn its Woolloongabba apartment project into the first stage of a broader transformation of Burke Street, using a new 16-storey mixed-use building to establish a greener pedestrian connection toward the rapidly evolving Boggo Road transport and knowledge precinct.

The South East Queensland developer has filed plans for 154 apartments on the <a href="https://www.apartments.com.au/new-apartments/4-burke-street-woolloongabba-qld-4102">southern side of Burke Street</a>, where its proposal has been designed alongside a wider vision by LatStudios for the street.

That vision positions the southern side of Burke Street for buildings of 15 storeys and above, while envisaging lower-rise development of up to five storeys on the northern side to transition into Woolloongabba's existing character housing. It also proposes wider pedestrian verges, deep planting, new street trees and upgrades to the pedestrian approach to Boggo Road Station.

The Harridan development itself has been designed by Brisbane-based Arqus Design and will comprise 154 apartments across 16 storeys. The mix is weighted heavily toward two-bedroom apartments, with 121 proposed alongside 10 one-bedroom and 23 three-bedroom residences. There will typically be around 14 units per floor.

A lower-ground car park and three podium levels will accommodate 156 resident parking spaces, along with visitor and commercial parking. There will also be 154 resident bicycle spaces and 40 visitor bicycle parks.

&nbsp;

Harridan is a family-owned developer and part of the Holmwood Highgate Group, with more than three decades of development activity across South East Queensland. Its portfolio spans residential, commercial and industrial property, with current residential projects including Riverbank on Byron in Bulimba, Esperance Residences in Carina and The Precinct at Kinross Road in Thornlands.

Wooloongabba has been popular for apartment developers, particularly since the announcement of the 2032 Summer Olympics games in Brisbane.

While there have been a lot of development applications, it has failed to materialize into real supply.&nbsp;

Sarazin has been the major player in the area. They are under construction at Murcia Residences, on the fringe of East Brisbane and Woolloongabba. They have just launched <a href="https://www.apartments.com.au/new-apartments/the-stanley-residences-woolloongabba-8-trafalgar-street-woolloongabba-qld-4102">The Stanley Residences</a>, in Woolloongabba on Trafalagar Street. They also have Nuage coming soon on the nearby <a href="https://www.apartments.com.au/new-apartments/nuage-woolloongabba-14-wellington-road-woolloongabba-qld-4102">Wellington Road</a>.

First look: Harridan plans Burke Street transformation beside Boggo Road transport hub

IN BRIEF

<ul>
	<li>
	Just three double-storey Sky Homes sit at the top of The Waterline, each with its own private marina berth and rooftop terrace.
	</li>
	<li>
	Construction on The Waterline is complete, with the first residents expected to move in from mid-October.
	</li>
	<li>
	Sky Homes range from 282 sqm to 367 sqm and are priced from $3.65 million.
	</li>
</ul>

<hr />
Lewis Land has opened the first completed sky home for inspection at Harbour Shores, giving buyers their first opportunity to step inside one of just three double-storey residences crowning The Waterline.

Each sky home comes with its own private marina berth, rooftop terrace and Broadwater views, combining the scale of a larger home with direct access to the boating lifestyle that underpins the wider <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan.

[smartcode_project:default project_id=113271 project_image_fid=366708]

Lewis Land Head of Development Michael Long said the inclusion of a berth with every Sky Home had become increasingly valuable as marina access across the Gold Coast tightened.

“Marina berths are becoming increasingly difficult to secure across the Gold Coast, so including one with every Sky Home makes this a genuinely rare offering,” Long said.

“The private 70-berth marina will accommodate boats up to 12 metres in length and is positioned just 2.5 kilometres from the Broadwater, placing the open ocean only 15 minutes away.

“Being able to step out of your home onto your boat is a rare luxury, and it’s something residents here can look forward to when it opens later this year.”

[smartcode_project:default project_id=113271 project_image_fid=366709]

The display opening comes as construction completes on The Waterline, with the first residents expected to move in from mid-October.

The three Sky Homes range from 282 sqm to 367 sqm and each feature three bedrooms, three bathrooms, multiple living zones, expansive kitchens with butler's pantries and large balconies taking in the Broadwater outlook.

Each residence also has three secure basement car spaces and additional storage.

“This is the first opportunity the Gold Coast has had to step into Harbour Shores and see, touch and feel what we’re bringing to life here,” Long said.

“There are only three Sky Homes within The Waterline, ranging in size from 282sqm to 367sqm, with each residence featuring three large bedrooms, three bathrooms, multiple living zones, expansive custom-built kitchens with butler’s pantry, and large balconies capturing Broadwater views.”

<img alt="Harbour Shores" data-entity-type="file" data-entity-uuid="bab65e10-4fab-45e1-92d8-fc56e2ab98ff" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%202.00.16%E2%80%AFPM.png?VersionId=XT8q76LsPkw3cYTsvN3JfFDaPLud90PN" />

Residents of The Waterline will have access to a private pool, along with Harbour Shores' wider collection of amenity including a lagoon pool, social clubhouse, tennis court, gym, yoga facilities and sauna.

Lewis Land partnered with Studio Collective to furnish the completed display, with the interiors designed to demonstrate how the residences could function as permanent homes rather than simply as show apartments.

Studio Collective Director Melissa Park said the surrounding waterways informed the interiors, but in a more restrained way than a traditional coastal scheme.

“We drew inspiration from the canals and coastal surrounds, but our approach was to interpret that subtly through layered materials and a grounded palette of earthy tones, rather than literal coastal references,” Park said.

“We introduced hero moments of green and teal to reference the surrounding waterways, while mirrored elements help reflect natural light.

“The result is a residence that feels elevated yet comfortable, somewhere buyers can genuinely imagine themselves living, entertaining and unwinding.”

Sky Homes are priced from $3.65 million.

Lewis Land is also offering private marina berths with The Residences, its limited collection of three and four-bedroom villas positioned directly along the Harbour Shores waterfront boardwalk.

Three-bedroom villas are priced from $2.99 million, while four-bedroom residences start from $3.19 million.

Harbour Shores is being marketed by Colliers International.

[smartcode_project_cta:default project_id=113271]

Lewis Land opens sky home display as The Waterline completes at Harbour Shores

St Vincent de Paul Society Housing Australia has filed plans for a major mixed-use housing precinct on the southern edge of the North Sydney CBD, adding another significant proposal to a pocket around North Sydn​ey Station that is quickly becoming one of the LGA's busiest development zones.

The State Significant Development Application covers a 5,990 sqm site at <a href="https://www.apartments.com.au/new-apartments/1-19-mackenzie-street-lavender-bay-nsw-2060">1-19 MacKenzie Street and 211 Blues Point Road in Lavender Bay</a>, immediately south of Nor​th Sydney Station and between the commercial core and the lower-rise Lavender Bay Heritage Conservation Area.

Designed by Wardle, the proposal would deliver a new residential tower comprising 88 build-to-sell apartments and 19 affordable apartments, alongside a separate co-living building with 57 rooms and a building manager's studio.

It would also see the significant restoration and upgrade of St Francis Xavier Catholic Church, the adaptive reuse of the former school building, new parish facilities, retail, a new public square and around 1,000 sqm of publicly accessible open space.

<img alt="Vinnies North Sydney" data-entity-type="file" data-entity-uuid="d5dd7f87-a617-463e-b577-17541e01f0e9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.10.13%E2%80%AFAM.png?VersionId=4R8TsFN3P_LrrXO2HswTOIrx2blil8lh" />

The project is seeking a concurrent rezoning of the site to R4 High Density Residential and an increase in the maximum building height to allow a tower reaching RL120, or up to 20 storeys. The proposal was progressed through the NSW Government's Housing Delivery Authority pathway.

The build-to-sell component will be weighted toward larger apartments, with just six one-bedroom apartments compared with 31 two-beds, 43 three-beds and eight four-bedroom residences.

The 19 affordable apartments will comprise two studios, 15 one-bedroom apartments and two two-bedroom apartments, taking the total apartment component to 107 residences before the 58 co-living rooms are included.

<img alt="Vnnies" data-entity-type="file" data-entity-uuid="7d568ca5-cb90-4e18-96c6-d9795dba0c56" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.10.05%E2%80%AFAM.png?VersionId=GY2R5M9VtQh0EKy1vajaea19PSLOPuRD" />

Wardle's design for the Vinnies site has sought to negotiate that emerging high-rise context while retaining the lower-scale character of MacKenzie Street and the adjoining heritage conservation area.

The main building adopts a three-storey podium and tower arrangement, with the podium aligned to the ridgeline and front setback of St Francis Xavier Church.&nbsp;Wardle has designed the podium with colonnades, seating, recessed entries and active ground-floor frontages, with sandstone-toned precast concrete and face brick referencing the materiality of the existing church.

The tower then steps back eight metres to the south and six metres to the north before rising in a sculpted form comprising four interlocking quadrants. Wardle has also introduced rounded forms and chamfered corners to reduce the tower's perceived bulk and improve view sharing with neighbouring development sites.

Resident facilities and outdoor areas are planned at the separation between the podium and tower at Level 3, oriented toward Sydney Harbour and the CBD skyline.

The tower itself will feature a glass reinforced concrete facade, with recessed balconies and deep reveals used both to provide shading and privacy and frame views toward the harbour and city. The lower levels take a different architectural approach, using brick and sandstone-toned finishes intended to establish a stronger relationship with St Francis Xavier Church. The Church itself will be conserved and upgraded for its continued use, while the former school building will be adaptively reused as part of the co-living component.

<img alt="Lavendar Bay" data-entity-type="file" data-entity-uuid="2d4418ad-90aa-4d49-af93-c80b140aea80" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.09.47%E2%80%AFAM.png?VersionId=Kv4gzbsACaGvZSRuaqcfGC54jEJRXIDJ" />

&nbsp;

The proposal adds to an increasingly concentrated pipeline of residential development around Blue Street, MacKenzie Street and Lavender Bay.

Just west of the site, Central Element lodged plans earlier this year for one of the most significant residential developments proposed in Lavender Bay in recent years.

Central Element's SJB-designed scheme at 64-66 Lavender Street and 3-7 Middlemiss Street would deliver 163 apartments across two towers rising 23 and 32 storeys, replacing five existing apartment buildings containing 32 homes. The project also forms part of the Housing Delivery Authority pathway.

<a href="https://www.apartments.com.au/news/nsw/first-look-central-element-reveals-lavender-bay-apartment-plans?utm_source=chatgpt.com" rel="noopener" target="_blank">First look: Central Element reveals Lavender Bay apartment plans</a>

Immediately around North Sy​dney Station, another two significant proposals have emerged at 5 and 15 Blue Street.

Zurich Australian Insurance Properties is seeking to adaptively reuse its longstanding commercial building at 5 Blue Street, directly above North Sydney Station, rather than demolishing the structure.

Its SSDA proposes converting the building into a 14-storey mixed-use development with 62 apartments and 86 co-living rooms, together with ground-floor retail and a major refurbishment of Blue Street Plaza. The application is currently at the Response to Submissions stage.

<a href="https://www.apartments.com.au/news/nsw/first-look-zurich-targets-north-sydney-office-conversion-with-148-unit-proposal-above-metro-station">First look: Zurich targets North Sydney office conversion with 148-unit proposal above Metro station</a>

&nbsp;

First look: Vinnies files for 20-storey Lavender Bay apartment tower as North Sydney housing pocket heats up

Residential Development

<html><body>
GUEST OBSERVER
The advertising of seven new positions to drive housing delivery by the Department of Planning and Environment is a good first step to help Sydney’s housing crisis.
The new positions of a Director and six Managers for Housing Delivery advertised by the NSW Government are a good beginning to tackling Sydney’s housing crisis.
The Urban Taskforce have called for a NSW Commissioner for Housing Supply to unlock large housing projects caught in the NSW planning system so we are pleased to see these new roles being advertised. Our concern though, is whether these positions will have enough authority to have an impact across all government agencies.
The Urban Taskforce has asked its members for examples of large housing projects caught up in the planning system and we have received details of around 40 projects that represent 40,000 new homes in brownfield and greenfield sites.
Many of these projects are languishing waiting for government agencies to resolve road, traffic and infrastructure issues. Delays can add significant costs to a project with some holding costs being as high as $500,000 a month. Most of these projects are on sites nominated by the state government for growth through Priority Precincts, corridors or urban activation zones.
It is good to see that the new housing delivery positions will be ‘identifying and removing blockages to the supply of housing including affordable housing’. There are many areas in the planning system that are slowing down supply including a lack of coordination between government agencies, excessive levies, confusion with council amalgamations and more precautionary approaches to re-zonings and planning proposals.
The Demographia International Housing Affordability Survey for 2017 has nominated Sydney as the second most unaffordable city in the world above Vancouver and Auckland and below Hong Kong. Clearly significant government action is required to help increase housing supply in order to address the housing affordability crisis.
The New Zealand government has set an excellent example and initiated the Auckland Housing Accord, a program to tackle the housing crisis in Auckland. Sydney could learn from the range of initiatives the Accord covers. These include a Housing Action Plan, the identification of Special Housing Areas which are identified for fast-track development and a proactive Development Programme Office.
The Urban Taskforce has identified a range of initiatives to drive quicker production of housing for Sydney and we are keen to work with the NSW Government on ways to improve housing delivery and increase housing affordability.
Chris Johnson is chief executive officer of property development industry group Urban Taskforce and can be contacted <a href="https://www.urbantaskforce.com.au/index.php?option=com_content&amp;view=article&amp;id=97&amp;Itemid=126#.Vdaart55dFI" target="_blank">here</a>.
</body></html>

cjohnson-8xfqfuuCSq

Housing delivery positions a good beginning for Sydney’s housing crisis: Chris Johnson

<html><body>
Parkland the length of ten football fields will be a feature of AVID Property Group's masterplanned community Harmony in Queensland's Parkdale.
The linear park, spanning more than five hectares will become a  'green spine' through the development according to Bruce Harper, general manager, AVID Property Group. He said conventional design dictates a series of local parks dispersed around the community, which are often under-utilised by residents.
"The combination of the parks into one long linear space, provided a visual and physical connecting ‘green spine’ through the development that would deliver a range of passive and active spaces, making the linear park and the development unique," he said.
“This design has also meant we’ve been able to effectively meet Sunshine Coast Council’s objective of providing a park within 400 metres of every home – at Harmony more than 90 percent of all resident will be within 250 metres from a local park.
"And this also means we’ve been able to connect our future residents to Harmony’s 60km network of pedestrian path and cycle ways.
“The design encompasses key activation areas, including recreational zones for people to kick the football or run around, to quieter areas to relax and read a book or enjoy a picnic. What our grand linear park will offer is a clear reflection of the social and recreational needs of our buyers.
Peter Egerton, technical director, urban design, RPS Regional  said Harmony was unique in its topography as the site was particularly flat, which removed a number of design limitations for the linear park.
“Most new sites for communities of this size, have hills and gullies, which dictate the design by the location of storm water, treatment and roadways,” Mr Egerton said. 
“Harmony has an abundance of open space and types of open space, which will be a huge attraction for buyers. The removal of traditional design restrictions enabled the team to put forward a design that really exceeds expectations for activation and functionality for the community. 
“The difference in our design approach came about using the linear link, or green spine, to put residents within a four to five minute walk away from a linear park that takes you somewhere – and that somewhere can be to a district sports fields, regional open space or a neighbourhood centre.” 
For more information on Harmony, visit <a href="https://www.harmonyliving.com.au%20/" target="_blank">www.harmonyliving.com.au</a> 
</body></html>

jonathanchancellor-7SQnKwU6yx

Linear park a first for Queensland residential development

<html><body>
A waterfront residential development site on 11 hectares set in Sydney’s prestigious Eastern Suburbs has been listed for sale and is expected to sell for more than $280 million. 
Located off Anzac Parade in Little Bay, Little Bay Cove features more than 11 hectares of land including civil works complete along with masterplan development consent which allows for immediate commencement. All remediation, site works, roads, park landscaping and infrastructure have been completed. The site is fully serviced with all required amenities, including water, electricity and gas, according to a media release.
The sale, through an expressions of interest campaign launching February 28, is being managed by Knight Frank’s Tim Holtsbaum and Eugene Evgenikos along with JLL’s Ben Hunter and Sam Brewer.
Holtsbaum said the site is one of the last Eastern Suburbs coastal subdivisions available for development.
“We’ve seen some large residential site sale transactions occur nearby in the South Sydney market but nothing of this prestige, with the coastal lifestyle and beach views,” said Holtsbaum.
“We expect Little Bay Cove to generate significant interest from both local and offshore developers due to its unique characteristics. It is located just 20 minutes’ drive from the Sydney CBD, near all transport and amenity, and is nestled along Sydney’s iconic beaches, stretching from Bondi, Bronte, Coogee and out to Little Bay.”
Fronting Little Bay Beach, the site neighbours four of Sydney’s premium golf courses, including The New South Wales Golf Club, St Michaels Golf Club and the Coast Golf Club. Express bus and future light rail services provide convenient transport to the CBD.
</body></html>

prateek24-ezbwHMbNAk

Residential site with approval in Sydney's Little Bay on sale with $280 million hopes 

<html><body>
 <img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/02/21/700_greaton_logo.jpg" alt="" width="495" height="70">
SPONSORED POST
Greaton’s $260 million Oxford Central project located in the heart of Epping is fast gaining a reputation as the ultimate address in one of Sydney’s fastest growing and desirable suburbs.
Over three quarters of the landmark project has sold following its launch late last year.
<img src="https://www.urban.com.au/images/2017/02/21/Screen%20Shot%202017-02-21%20at%2010.03.45%20AM.png" alt="">
Oxford Central’s site was earmarked due to its strategic location in the epicentre of the state government’s plans to invest millions in re-developing Epping Town Centre and major transport infrastructure in the suburb. Epping Town Centre and train station are approximately 150 metres from Oxford Central’s front door.
<img src="https://www.urban.com.au/images/2017/02/21/Screen%20Shot%202017-02-21%20at%2010.03.37%20AM.png" alt="">
Cameron Porter, National Sales Manager for Greaton comments, “Oxford Central is a unique development that represents the epitome of luxurious living in a beautiful leafy suburb. Greaton will deliver a high-end lifestyle destination that captures the essence of suburban living combined with city conveniences.
“International award winning architectural practice, Marchese Partners has created beautiful residences on the inside as well as a stunning façade to ensure this project becomes a landmark structure on Epping’s skyline.”
<img src="https://www.urban.com.au/images/2017/02/21/Screen%20Shot%202017-02-21%20at%2010.03.29%20AM.png" alt="">
Situated at 30 - 42 Oxford Street, the iconic project will comprise 252 luxurious apartments spread across two 17 storey towers, 292 car spaces and 625 sq m of retail on the ground level. A two storey heritage building located on the site will also be retained and is part of the retail precinct.  
The uninterrupted views across Sydney’s CBD, Chatswood and North Sydney are drawing buyer attention. Significant employment hubs including Macquarie Park, Chatswood, North Sydney and North Ryde are within a 10 kilometre commute from Epping. There are also direct train, bus and M2 motorway links to these hubs.
Stage two is now selling. Prices for apartments start at $595,000 for a one bed with an average internal size of 50 to 53 sq m, two beds start at $900,000 featuring an internal average size of 70 to 84 sq m and three beds are priced from $1.3 million with an internal space averaging between 99 to 120 sq m.
<img src="https://www.urban.com.au/images/2017/02/21/Screen%20Shot%202017-02-21%20at%2010.03.24%20AM.png" alt="">
The luxurious apartment interiors will enjoy Caesarstone benchtops with timber accents on the cupboards, two distinctive spring and autumn colour palettes to choose from supported by elegant timber floors, Miele appliances in the kitchen, Parisi fittings throughout, imported tiles wrapped around the floor and walls in the bathroom, floor to ceiling glass sliding doors and expansive balconies.
An open air café area and public plaza will feature alongside the Heritage building which fronts Oxford Central and will be accessible to the public. Residents will also enjoy large areas of communal open space on the ground level which include recreational and BBQ facilities.
A state of the art display suite is located on site at 30 Oxford St Epping. It is open seven days from 1pm until 4pm. Viewing outside these times is available by appointment only. 
For further information visit: <a href="https://www.oxfordcentral.com.au/" target="_blank">www.oxfordcentral.com.au</a> or phone 1800 917 997.
Greaton expects to start construction early in April 2017. 
</body></html>

jchancellor-FAypfDUnLy

Oxford Central – The ultimate address in the heart of Epping

<html><body>
Eight detached homes have sold in Sydney's northwestern suburb of Castle Hill to a local developer for around $40 million.
The site, named 'Premier', on Middleton Avenue, Fishburn Crescent and Sexton Avenue, is sized 7,545sqm and has a residential zoning allowing a potential development height of up to 40 metres and high density residential development of up to 250 units.
CBRE's Richard Gell said the site’s position in Sydney’s bourgeoning north-west was a key selling factor.
“The Castle Hill residential apartment market continues to perform well, so we expected to see significant interest in Premier," he said.
"Strong sales prices and sale rates have recently been achieved for off the plan apartment sales due to low supply levels.
“Castle Hill’s proximity to the Norwest Business Park, Castle Towers shopping centre, reputable schools and transport hubs makes for a strong residential market and as a result – a secure investment opportunity for the purchaser.”
Development of the nearby Showground Station precinct is slated for completion late 2018 and feature the Showground train station, residential apartments, shops, cafes and office buildings.
Property Observer found a house sold in 2015, <a href="https://www.realestate.com.au/sold/property-house-nsw-castle+hill-119168139" target="_blank">90 Fisher Crescent, Castle Hill</a> (below) for $1,280,000. The four bedroom home is on 936sqm.
<img src="https://www.urban.com.au/images/2017/02/16/Screen%20Shot%202017-02-16%20at%2010.54.03%20AM.png" alt="">
The three bedroom home at <a href="https://www.realestateview.com.au/real-estate/7-sexton-avenue-castle-hill-nsw/property-details-sold-residential-9251638/" target="_blank">7 Sexton Avenue, Castle Hill</a> sold in 2015 for $2.3 million (below). It is in the Showground/Carrington Road Activation Precinct.
<img src="https://www.urban.com.au/images/2017/02/16/Screen%20Shot%202017-02-16%20at%2010.59.36%20AM.png" alt="">
</body></html>

Eight Castle Hill residents sell mega site

<html><body><div class="page" title="Page 1">
<div class="layoutArea">
<div class="column">
The Fairway Residences development on Sydney's Strathfield Golf Course is 75 percent sold out, with town homes slated for completion late 2017.
The development, 88 Centenary Drive, Strathfield, features 50three and four bedroom town homes priced from $1.6 million.
Phil Leahy from Metro property Development said a lot of uptake in the three bedroom plus study designs has been from families and young professional couples. 
“There’s also the added bonus of being within close reach of transport links, shopping centres, parks and schools,” he said.
Metro has sold 37 homes, with 13 homes still on the market.
The remaining homes are priced from $1,650,000 to $2,099,000.
The sales office has been relocated to 1 Cave Road, Strathfield, and is open from 1pm to 5pm Wednesday, Saturday and Sunday. For more visit <a href="https://www.fairwayresidences.com.au/" target="_blank">www.fairwayresidences.com.au</a>.
</div>
</div>
</div></body></html>

Fairway Residences in Sydney's Strathfield 75 percent sold

<html><body>
Construction is slated to begin July on Ferro Property Group's $27 million London Residences in Brisbane.
The residential development, 10 Bailey Street, West End, will feature 27 three and four bedroom residences, three 2-story manors, two terrace residences and 22  three bedroom residences.
Marco Ferro, developer, said the boutique market for larger, custom-designed three and four bedroom apartments in Brisbane was largely untapped and very strong.
“We purchased the site at 12 Bailey Street about 12 months ago and since then have been focused on perfecting the design both internally to ensure each Residence is completely unique and special for owners, and externally, to ensure London Residences complements the West End character and location," he said.
“We know the boutique owner-occupier market have very specific needs – and to meet these we have created a mix of oversized residences  - unique 2-story Manors that feature three bedrooms plus sitting rooms, The Terraces which are over 200sqm and home to 4 bedrooms plus study as well as the range of 3-bedroom Residences.
"Completely new to the market is the storage plans – we have dedicated half a floor to storage for owners, each ranging from 6-14sqm and attached to the Title, as well as car parking for 2 to up to 4 cars per residence. This is a flagship development, with owner needs pre-empted and delivered.” 
</body></html>

$27 million Brisbane development London Residences begins July

<html><body>
A 7,149 square metre site in Leichhardt, in Sydney’s Inner West, with approval for 139 units is for sale.
The residential development site at 141 Allen St, Leichhardt is listed through Colliers International agent Guillaume Volz. Offers close March 15.
The site received development consent in October last year for a staged development application comprising construction of six residential flat buildings between four and six storeys above basement level comprising 139 units. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/02/03/Feb3Leichhardt2.jpg" alt="">
“Whilst the market and government have responded to Sydney’s undersupply in mass development areas, such as Olympic Park and the Parramatta Road corridor, core suburbs such as Leichhardt continue to be ignored, despite the inherent attraction and desire from  buyers for apartments in these neighbourhoods,” said Volz.
“Our research indicates that Leichhardt is historically one of Sydney most undersupplied suburbs, with only 22 apartments completions in projects comprising 10 or more dwellings, from 2009 – 2014. 
“Recent rezoning of industrial sites has seen a moderate raise in supply, and since 2014 a further 470 apartments have been built or are under construction.
"There are only another 154 apartments with development approval, 139 of which are located in the subject development.”
The vendor’s representative, Irving Washington, said the property had grown in value due to the DA process and given the group’s interest elsewhere, the owners have now decided to sell.
</body></html>

Leichhardt site for 139 units offered for sale

<html><body>
The apartment developer Gurner has taken the unusual step to announce it has repaid $130 million in construction loans to banks after his two recent apartment projects were well settled in the week leading up to Christmas.
The projects included Ikebana (pictured above) in West Melbourne, that comprises 241 apartments and ground floor retail with a total construction debt of $90 million financed through NAB.
There was also 107 Cambridge Street in Collingwood consisting of 91 apartments plus ground floor retail, with debt totalling just over $40 million with ANZ. 
The projects saw strong settlements from both local and foreign purchasers, and all apartments leased prior to settlement, going against the market chatter about settlement issues and oversupply.
Both projects commenced settlement the week before Christmas – traditionally a difficult time of year for the property market.
By Christmas Eve, 107 Cambridge Street was fully settled, while Ikebana had reached over 90 percent settlement totalling over 215 apartments.
Founder and director Tim Gurner, pictured below, said while 107 Cambridge had zero foreign sales, 45 percent of the apartments at Ikebana were sold to FIRB purchasers. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/02/03/TimGurner.jpg" alt="">
He said the risk of settlement defaults was low due to the quality of the agents and buyers in the project and the increasing percentage of FIRB buyers who settled with cash or other means of financing in lieu of the Australian banks’ support. 
“The specific agents that we use are the best in the business and have been selling internationally for over 15 years, so they know their clients inside and out.  It is the smaller, new agents without a solid reputation that appear to be having issues,” Gurner said.
“Unfortunately the minority of small, dodgy agents have cast a shadow over the industry and scared the banks, however, the majority of the big international agencies we use have been around for 15 to 20 years and know much more about the Chinese market, the economy and the buyers than the banks or us.
“Absolutely there has been a move towards overseas and private institutions filling the funding gap the Australian banks have left behind. There really was no other choice when 80% of the finance market disappears overnight,” he said. 
Major banks had tightened lending to foreigners and investors in 2016 to curb the rapid growth in property values.
“I was initially wary of the rumours around settlement issues and the constant negative press, so we did spend more time and resources focusing on our buyers and the settlement and valuation process to ensure we could mitigate as much risk as possible,” he said.
“Interestingly, we have found a substantial number of purchasers at Ikebana settling with cash – over 35 percent - which is much more than any other project we’ve sold to date. Previously we saw cash settlements in the realm of five to ten percent.” 
He said the market had become more competitive and difficult due to changing regulations and planning policies which would test developers. 
“Considering the success of Ikebana and 107 Cambridge Street which were our first true settlement tests after the changes in foreign lending were announced, I’m confident if developers work hard with purchasers and find alternative funding options, buyers will get through this period unscathed.” 
Gurner said his company had several new projects which are expected to launch and find success in 2017. 
He had a piece of advice for developers. “It is however critical that developers take heed of the change in finance conditions as it is very real,” he said. 
“The main difference for us now is the time it is taking people to get finance approved, valuations completed and then settlement locked in… the days of swiftly preparing projects for settlement are well and truly behind us.” 
</body></html>

Ikebana, Melbourne developer Gurner repays $130 million in construction loans after foreign sales successes

<html><body>
Nearly 40 percent in value of residential development sites were purchased by Chinese developers and investors in 2016 according to a report by Knight Frank.
The figure is up 12 percent in comparison with 2015 and up by 36 percent from 2012.
The report, The Rise of Chinese Developers in Australia – Market Insight: January 2017 found Chinese developers and investors purchased $2.4 billion worth of Australian residential development sites in 2016, some 9.4 percent percent stronger than 2016.
Michelle Ciesielski, Knight Frank's head of residential research, Australia said despite overall total sales falling during 2016, and sales to Chinese developers and investors still being 11.2 percent lower than the market peak recorded in 2014, their influence has grown.
"Chinese developers and investors purchased AUD2.4 billion worth of residential development sites last year. Of these, the average residential development site had an area of 21,045 square metres – increasing more than 18 times from 2012 – and averaged a potential 502 dwellings per development site," she said.  
“While the Australian residential market collectively strengthened throughout 2012 and in 2013, growth in sales turnover encouraged prices to rise for local developers and investors alike.   
“At this time, the Australian dollar became very favourable against other currencies for investment into Australia. The Chinese renminbi was no exception.  
“Opportunistic developers, many for the first time, considered Australia to build their next development after becoming a household name in homeland China. It was considered, and still is to some extent, worth the risk to build a first-time signature development (even if profitability resulted to just be break-even) to be accepted as a reputable developer by the local Australian market.  
 “In the past three years, Chinese developers and investors accounted for over 25 percent of disclosed total sales each year – with 2016 recording a share of sales as high as 38 percent.  
“Long-term strategies must now be devised to allow for the Chinese government tightening the ease of outbound capital flow, and local lenders limiting funding to control their liquidity and satisfy APRA requirements.
"But one thing is clear – Chinese developers are determined to succeed in Australia, and for many generations to come."
</body></html>

Residential Development

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Residential Development

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News