Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/FH_1EzB-1vs?si=XScVlP1ERsTDJoME" title="YouTube video player" width="560"></iframe>

"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

[smartcode_project:default project_id=135096 project_image_fid=356818]

After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

[smartcode_project:default project_id=135096 project_image_fid=356828]

Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/tsioMLcnjas?si=zq-ys3JuWpfa5hFv" title="YouTube video player" width="560"></iframe>

The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

[smartcode_project:default project_id=135096 project_image_fid=356829]

Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

[smartcode_project:default project_id=135096 project_image_fid=351104]

Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

[smartcode_project:default project_id=135096 project_image_fid=356822]

ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

[smartcode_project:default project_id=135096 project_image_fid=356826]

For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

[smartcode_project:default project_id=135096 project_image_fid=351102]

Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

Joel Robinson

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

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

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

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

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

[smartcode_project:default project_id=5743 project_image_fid=953]

Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

[smartcode_project:default project_id=5743 project_image_fid=925]

Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

[smartcode_project:default project_id=5743 project_image_fid=5374]

The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

The apartment price gap drawing Sydney buyers west

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

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

Residential Development

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Developer Greaton sold 60 out of 129 apartments in Centrale, one of two 17-storey towers planned for its $260 million Oxford Central development in Sydney's northern suburb of Epping. 
Prices for the one-, two- and three-bedroom units ranged from $525,000 to $1.6 million.
"This is an outstanding sales result," Greaton managing director Nicho Teng said. 
Greaton’s Oxford Central sales office was a hive of activity on Saturday with $50 million worth of prime Epping apartments sold within the first two hours.
The 60 apartments were sold in the first tower known as Centrale with over 90 percent going to local purchasers from Epping, The Hills district, Macquarie Park, Beecroft, Hornsby, West Ryde and Carlingford.
Nicho Teng said young families and professionals purchased most of the apartments, with over 80 percent being two beds.
Centrale comprises 7 one beds, 111 two beds, and 11 three beds.
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jchancellor-FAypfDUnLy

Greaton secure 60 off the plan sales at Oxford Central in Epping

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The $280 million Esplanade mixed-use development in Sydney's north west, located at Norwest Lake, has been given the green light by the Sydney West Joint Regional Planning Panel.
Construction of Esplanade is expected to start in 2017 with prices for a one-bedroom unit starting from $525,000 and two-bedroom apartments with parking starting from $725,000.
A number of premium lakefront apartments have been released, and the penthouse collection due for release soon.
The development also features four-bedroom penthouses called Sky Residences, expected to be released to the market early 2017.
All commercial suites and more than 60 percent of the apartments have already sold pre-DA, according to Capital Corporation managing director Steve Grant.
"This approval from the JRPP is great news for the many people who have shown their confidence in what we’ve proposed by purchasing prior to approval," he said.
"More than 85 percent of buyers are local to the area and keen to stay connected to the community they love but want the change of lifestyle that Esplanade offers,” he says.
 “We’ve had the chance to incorporate feedback from Council and the Norwest Business Association and we’re delighted with the outcome. We’re even more excited for the buyers who will be very pleased to see their new home progress.
 "Enquiry for apartments remained constant, with downsizers, families and investors all drawn to the ‘all-in-one vertical village’ concept and the array of resort-like facilities."
The <a href="https://esplanadenorwest.com.au/leisure-and-lifestyle-is-norwests-new-business.php" target="_blank">Esplanade development</a> will feature two towers – one 19 storeys and the other 20 storeys – with 247 apartments in a mix of one, two and three bedroom layouts, a pool, gym, open-air cinema and landscaped gardens as well as 6,000sqm of waterfront retail space and three levels of boutique commercial suites.
For more information, call 1800 088 800 or visit the sales suite at 11 Solent Circuit, Baulkham Hills, from noon to 3pm on Wednesdays to Sundays.
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jonathanchancellor-7SQnKwU6yx

Green Light for Norwest's $280M Esplanade mixed-use development

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Design details for Bronte Place have been revealed by developer Danny Avidan's RDA Property Group.
<a href="https://bronteplaceliving.com.au/" target="_blank">It is a three storey block</a> designed by interior architects SJB with 21 apartments.<img class="size-full wp-image-4187" src="https://www.thepropertyaddict.com/wp-content/uploads/2016/10/bronte1.jpg" alt="Image: supplied" width="1000" height="625">
It took four years to obtain development approval for the project.
The last Bronte development was next door at 108 Macpherson Street in the late 1990s.<img class="size-full wp-image-4186" src="https://www.thepropertyaddict.com/wp-content/uploads/2016/10/bronte2.jpg" alt="Image: supplied" width="1000" height="724">
The apartments will feature luxury beachside chic finishes throughout including travertine floors or parquetry and marble bench tops. 
<img class="wp-image-4190 size-large" src="https://www.thepropertyaddict.com/wp-content/uploads/2016/10/bronte3-1024x640.jpg" alt="ProEXR File Description =Attributes= cameraAperture (float): 36.000004 cameraFNumber (float): 10.000000 cameraFarClip (float): 1000000015047466200000000000000.000000 cameraFarRange (float): 1000.000000 cameraFocalLength (float): 28.000000 cameraFov (float): 64.964737 cameraNearClip (float): 0.000000 cameraNearRange (float): 0.000000 cameraProjection (int): 0 cameraTargetDistance (float): 2894.172852 cameraTransform (m44f) channels (chlist) compression (compression): Zip16 dataWindow (box2i): [0, 0, 2499, 1562] displayWindow (box2i): [0, 0, 2499, 1562] lineOrder (lineOrder): Increasing Y pixelAspectRatio (float): 1.000000 screenWindowCenter (v2f): [0.000000, 0.000000] screenWindowWidth (float): 1.000000 =Channels= A (half) B (half) G (half) MultiMatteElement.B (half) MultiMatteElement.G (half) MultiMatteElement.R (half) MultiMatteElement_03.B (half) MultiMatteElement_03.G (half) MultiMatteElement_03.R (half) MultiMatteElement_04.B (half) MultiMatteElement_04.G (half) MultiMatteElement_04.R (half) MultiMatteElement_05.B (half) MultiMatteElement_05.G (half) MultiMatteElement_05.R (half) R (half) VRayDiffuseFilter.B (half) VRayDiffuseFilter.G (half) VRayDiffuseFilter.R (half) VRayExtraTex_Map #2138382978.B (half) VRayExtraTex_Map #2138382978.G (half) VRayExtraTex_Map #2138382978.R (half) VRayGlobalIllumination.B (half) VRayGlobalIllumination.G (half) VRayGlobalIllumination.R (half) VRayLightSelect.B (half) VRayLightSelect.G (half) VRayLightSelect.R (half) VRayLightSelect_01.B (half) VRayLightSelect_01.G (half) VRayLightSelect_01.R (half) VRayLightSelect_02.B (half) VRayLightSelect_02.G (half) VRayLightSelect_02.R (half) VRayLighting.B (half) VRayLighting.G (half) VRayLighting.R (half) VRayReflection.B (half) VRayReflection.G (half) VRayReflection.R (half) VRayRefraction.B (half) VRayRefraction.G (half) VRayRefraction.R (half) VRaySampleRate.B (half) VRaySampleRate.G (half) VRaySampleRate.R (half) VRaySpecular.B (half) VRaySpecular.G (half) VRaySpecular.R (half) VRayWi" width="810" height="506">
The former fashion identity Danny Avidan recently emerged as the buyer of the Bronte RSL site.
Located at 109-113 Macpherson Street, the 21 unit project site was offloaded by the Sydney developer Winston Langley.
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Danny Avidan's Bronte Place beach chic on sale

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GUEST OBSERVER
Finding the perfect apartment development for an owner-occupier can be difficult in today’s investor-laden market.
As the population grows and moves closer to high-density living, many factors need to be considered when appealing to owner-occupiers. While it’s easy to find developments that satisfy a handful of owner-occupier requirements, developments that combine high quality design with large floor plans, great neighbourhood amenities and an enviable location, are a rare find.
Amongst one of the greatest owner-occupier demands is the desire for greenery around the development.
While developers and architects are trying to accommodate this demand with rooftop gardens and vertical gardens on balconies, nothing satisfies this need better than living within close proximity to a park.
Projects such as Metacorp’s Rockley Gardens (above), located at 339 Toorak Rd, South Yarra, adjacent to a luscious parkside location, overlooking the historic Rockley Gardens, are a rarity. You can build a luxury development anywhere, but no one’s creating any more parks so securing prime land directly on one is difficult.
When you combine that with the best restaurants, easy transport, iconic shopping precincts, and a range of lifestyle amenities in one of the most prestigious suburbs, you know you’ve found the right property. Rockley Gardens plays up its unique parkside location by taking design cues from the lush, leafy surrounds.
Project architect Elenberg Fraser teamed up with landscaper Oculus to create an entwined façade for Rockley Gardens of a patterned form of individual planters that meld the development into its unique botanical environs while bringing the verdant views closer within.
Aside from ensuring the steady capital growth of a property, parks and gardens help foster a healthy and social community, and improve the appeal of the area as a whole. It’s perhaps worth noting that capital growth is significantly improved if the property is directly on a park instead of a few streets away.
When you look at what’s considered prime real estate around the world – One Hyde Park in London and The Prasada and Beresford in New York – it’s always the properties that overlook parks and gardens.
Bryce Patterson is director of Capital Property Marketing and can be contacted <a href="https://capitalpropertymarketing.com.au" target="_blank">here</a>.
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Proximity to parks and gardens key to maximum capital growth: Bryce Patterson

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Galileo Group launched stage two of its residential development Palisade Miranda with underwhelming results.
Less than half of the apartments were sold although CBRE chairman Justin Brown said sales included the penthouse which fetched above $2 million. 
The majority of buyers of the weekend launch were by empty nesters from the Shire, wider Sydney and local investors that saw the value in what Palisade and The Shire offers, he said. 
The weekend launch - contrasted by the stampede at Macquarie Park - followed Palisade Miranda's August offering which also reflected a comparatively subdued sales rate. 
The August offering saw 65 per cent of the 197 apartments on offer finding buyers.
They were priced between $580,000 to $1.5 million. 
Australian developer Galileo Group say the marketing has been met with "success." 
Palisade is an eight-storey, resort-style development designed by KannFinch and UP Architects, with luxury amenities including a 20-metre pool, lush landscaping, outdoor daybeds, private gym and poolside clubhouse for residents to use as a function space.
There's interiors by Neil Bradford Design. 
It is due for completion early 2019.
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Galileo's Palisade Miranda falls to secure stampede in the Shire

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Property developer Golden Age secured strong weekend sales when it offered the first stage of its Park One project.
There were long queues for new apartments offered in developer Golden Age's launch of its 408-unit project in Macquarie Park.
Set 18 kilometres north of the Sydney CBD, the 230 first-stage apartments sold out on Saturday.
Around 80 per cent were sold to local buyers – mostly Chinese Australians and residents – and 20 percent to overseas buyers in China, Singapore, Canada and Malaysia. 
"People were snatching, not buying ... the display suite is going to close soon at this rate," Golden Age founder Jeff Xu said while watching on. 
"There's a lot of talk about oversupply but show us where has it fallen?...Some popular areas like North Sydney, the better suburbs, the fundamentals are balanced."
The Melbourne developer's Macquarie Park success has followed its two successful inner city developments in Waterloo and Double Bay.
Park One will feature 409 one, two and three bedroom apartments across two buildings surrounded by 5500sqm of outdoor private parkland.
Jeff Xu, Golden Age managing director said Macquarie Park is fast becoming one of Sydney’s most popular and desirable locations for home buyers.
The display suite is at 80 Waterloo Rd, Macquarie Park.
For more information, <a href="https://www.parkonesydney.com/" target="_blank">click here</a>.
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Park One's launch attracts off the plan buyers' queue for Macquarie Park offering 

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Residential developer Sekisui House Australia has won the tender to acquire a 9.4 hectare site on Sydney's harbourside suburb of Wentworth Point for $360 million.
The Sydney Harbour site has views across the Parramatta River, the Sydney CBD and the Sydney Harbour Bridge.
The proposal includes a mixed-use master-planned community of around 2,000 one, two and three bedroom apartments with multiple towers up to 25 stories in height.
Sekisui House Australia chief executive officer said Toru Abe said Sekisui House was pleased to receive the advice that they had been successful in the tender process.
“We have already contributed to the area by delivering 2,000 apartments at Wentworth Point as well as jointly investing in the recently opened A$63 million Bennelong Bridge, which is one of the largest private and public partnership infrastructure projects in Australia," he said.
“We will maximise the enormous potential of this landmark site by delivering a unique and vibrant master-planned community with pocket parks and plenty of other amenity for residents to enjoy.   
"Another major advantage to residents is the excellent transport links the location provides with a new re-developed ferry terminal with increased services, Rhodes Railway Station – now within walking distance – as well as multiple bus services linking to all major centres from Rhodes Shopping Centre.”
The master plan design proposal includes a collaboration between Japanese architecture practice, Kengo Kuma and Associates, as the lead architect, and a local firm to finalise the design. 
Construction for the project has been scheduled to commence in 2018 with anticipated delivery by 2020.
For more information, <a href="https://www.sekisuihouse.com.au/">click here</a>. 
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Sekisui House Australia wins Roads and Maritime Services’ tender at Wentworth Point

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Property developer Golden Age have received over 2000 registrations of interest and over 400 deposits  prior to the public launch of their latest Sydney project, Park One, this weekend.
Park One will feature 409 one, two and three bedroom apartments across two buildings surrounded by 5500sqm of outdoor private parkland.
Jeff Xu, Golden Age managing director said Macquarie Park is fast becoming one of Sydney’s most popular and desirable locations for home buyers.
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The launch begins 9.00am, 15 October 2016 at 80 Waterloo Rd, Macquarie Park.
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For more information, <a href="https://www.parkonesydney.com" target="_blank">click here</a>.
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Buyer registrations soar for Golden Age's Macquarie Park project, Park One

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Breen Property has announced that its Shearwater Landing residential estate at Greenhills Beach, has sold out.
<a href="https://shearwaterlanding.com.au/" target="_blank">The 13 hectare North Cronulla house and land development site</a> in Sydney’s Sutherland Shire was marketed through Savills.
Tom Breen, executive chairman of Breen Property said that the site had been remediated, re-contoured and re-engineered to produce 160 large, environmentally sensitive, master-planned home sites, with 27 enjoying views over the Pacific Ocean.
Selling prices for the 160 home sites were from just under $1 million to $3.4 million per lot with the lots ranging in size from 550 sqm to over 1,000 sqm.
The beach front sites were all in excess of 785 sq m.
Savills director of residential projects, Nigel Napoli, said throughout the sales process there had been over 5,000 enquiries for the 160 home sites. 
“From the fencing around the site being erected, to opening the doors of the display suite for the first time, buyers have been queueing up to secure their chosen home-site for their future dream home,” said Mr Napoli.
<img src="/images/2016/10/12/image001.jpg" alt="" width="568" height="758">
More than 90 percent of purchasers were local to the Shire.
“Most of the purchasers grew up in the area, and now that they have young families, they want to build their dream home, right by the beach, in the area they grew up in,” added Peter Coulton, Savills selling agent.
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Savills secure sellout of Shearwater Landing, Sutherland Shire land offering

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GUEST OBSERVER
Dwelling approvals outstripped expectations again in August, with a small 1.8 percent pull back from a big spike in July (+12 percent revised up slightly from +11.3 percent).
The consensus forecast was for a more material 6 percent fall. The July update was the second highest level of approvals on record. The August pull back still leaves approvals at the fourth highest level on record.
Expectations centred on high rise approvals which drove the July gain and which tend to be volatile due to large projects. This segment instead held up better than expected with our estimates pointing to about a 10 percent drop in seasonally adjusted terms that still left high rise approvals about 25 percent above their June level.
The rest of the detail showed a decent rise in ‘low-mid rise’ approvals, we estimate up about 7-8 percent in the month with the more stable detached house approvals segment down 1.3 percent/mth. Combine approvals ex high rise were up slightly, we estimate up 1.2 percent/mth. To the extent that this measure is more reflective of underlying trends it is pointing to a modest decline running at about 1-1.5 percent a month.
By state, approvals dipped 2.3 percent in NSW but were up slightly in Vic and Qld with big monthly declines coming in WA and SA. Notably, within the NSW estimates ‘unit’ approvals were still the second highest monthly level on record.
The value of renovation approvals also softened in Aug, down 0.9 percent. The value of non res building approvals recorded a bigger decline down 24 percent/mth and 13 percent/yr.
 Overall, the continued high level of approvals points to a dwelling construction holding up stronger for longer although a softening is still expected to come through in coming months.
Details
Private houses –1.3%mth, –6.5%yr
Private 'units' –3.6%mth, 26.3%yr
NSW –2.3%mth, 37%yr
Vic 1.8%mth, 14.7%yr
Qld 0.6%mth, 13.5%yr
WA –14.3%mth, –36.5%yr
SA –10.6%mth, –22.6%yr
Alteration &amp; additions^ –0.9%mth, 1.2%yr
Non-residential^ –24.3%mth, –12.9%yr ^ value
Matthew Hassan is senior economist with <a href="https://www.westpac.com.au/" target="_blank">Westpac</a>.
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