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

New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

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Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

[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."

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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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Melbourne Quarter, a mixed-used development that will have more than 1,600 homes, has received the Victorian planning minister’s approval. 
The $2 billion project’s first of three towers is coming up at 628 Flinders Street. The 40-level tower will offer views of the city and bay and feature hanging gardens.
The three towers have been designed by Melbourne-based architectural firm, Fender Katsalidis Architects. 
Planning Minister Richard Wynne’s approval marks the next stage for Lendlease on the site’s residential precinct. 
More than half of the 2.5 hectare site has been earmarked for open public spaces including Melbourne’s first elevated Skypark, a neighbourhood park, a public square and retail laneways connecting to the greater CBD area. 
The first building, East Tower, will have one, two and three bedroom apartments. 
Lendlease's managing director for urban regeneration, Mark Menhinnitt, said all residential towers at Melbourne Quarter would target a 5-Star Green Star rating.
“Melbourne Quarter’s competitively priced apartments will provide a range of one, two and three bedroom city residences, with added value in their design features, location and amenity compared to what our CBD competitors are offering,” he said. 
“We are already receiving strong market interest for Melbourne Quarter’s East Tower.” 
Residents of <a href="https://www.melbournequarter.com.au" target="_blank">Melbourne Quarter</a> would have access to clubs, swimming pool, gym, library and a lounge.
On completion, its commercial offices are expected to be home to around 10,000 workers.  
The residential display suite is at 691 Collins Street.  
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jonathanchancellor-7SQnKwU6yx

$2 billion Melbourne Quarter project gets planning approval

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A residential site in Sydney’s Botany, with a development approval in place and a price guide of $10 million, went to auction on August 25 via Raine &amp; Horne.
According to www.realestate.com.au, the site located at <a href="https://www.raineandhorne.com.au/properties/1-5-10-12-morgan-street-botany-2019-new-south-wales-af9c4aad-a078-4a11-a609-b15c54b42205" target="_blank">10-12 Morgan Street</a> was passed in at the auction. 
Listing agent Tony Laing said the “real value in this site lies in the DA approval, and it’s expected the property could command a gross realisation of $30 million plus in off-the-plan sales for a developer”. 
The DA consent allows for a five-storey apartment block, with a mix of 34 one, two and three bedroom apartments and basement parking with spaces for 58 cars.
The property currently comprises five industrial strata units providing an internal building area of approximately 1,653m2.
Laing told trade publication, Logistics &amp; Material Handling that it is expected the property could command a gross realisation of $30 million-plus in off-the-plan sales for a developer.
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Industrial site in Sydney's Botany with development approval on the market via Raine & Horne

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Loftex launched Embassy Tower with success at the weekend at St Leonards. 
Some 142 plus apartments were sold within the first few hours - out of the 205 released. 
CBRE said the primary buyer today were owner occupiers. Embassy Tower is due for completion in 2019.
Studios From 41sqm From $650,000
1 bedroom From 50 sqm From $695,000
2 bedroom From 75 sqm From $1,175,000
3 bedroom From 103 sqm From $1,550,000
"Most of the buyers today were owner occupiers who are coming from the North Shore line around areas such as Lindfield, wanting to be in close proximity to the city," said agent Ben Stewart. 
Its two bedders were most popular apartments with prices up to $2 million. There was a three bedroom apartment sold for $4.5 million.
Embassy Tower, the $280 million mixed-use development set, is the tallest tower designed by architects Nettletontribe.
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Embassy Tower secures 140 plus weekend sales

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GUEST OBSERVER
Inner Melbourne's apartments are getting tinier with each new development. 
But, how small is small? 
Secret Agent's updated apartment index reveals that the average size of a 1 bedroom apartment is only 47sqm, and for the more popular 2 bedroom apartment the average size is 73sqm.
<a href="/images/2016/08/26/Screen%20Shot%202016-08-26%20at%2011.52.29%20AM.png" target="_blank">Click to enlarge</a>
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These figures are frustrating for many homebuyers looking for an apartment that they can actually live in comfortably. Our index, which is based on 870 apartments in inner Melbourne which have sold between the 1st January 2016 and 30th June 2016, offers some insight into where buyers can find apartments with larger than average floor plans. 
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East Melbourne has the largest two bedroom apartments. At almost 90sqm on average, this was a standout with the second largest 2 bedroom apartments being 10sqm smaller at 80sqm in Port Melbourne. 
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These suburbs are generous with the size of their apartments, most likely due to the properties occupying the top end of the market. Buyers here are much more willing to pay for additional space and are not as price sensitive. 
This means a developer in these areas may be able to sell bigger apartments and still get a similar profit to what they would if they sold more smaller apartments. 
On the other hand, Travancore and Prahran have the smallest 2 bedroom apartments at 57.6sqm and 60.9sqm respectively. 
Click to enlarge
<img src="/images/2016/08/26/Blog-2-2.jpg" alt="">
A younger demographic is attracted to these suburbs and thus they tend to be more price sensitive. developers here have designed smaller floor plans and perhaps would be penalised if they built apartments too large in size. The investor market is also more prevalent in these suburbs. 
For more information, <a href="https://secretagent.com.au/" target="_blank">click here</a>.
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jchancellor-FAypfDUnLy

Inner Melbourne's smallest and largest apartments: Secret Agent

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An apartment project worth $53 million is going on the market in Brisbane's Stones Corner on Saturday 27 August.
The property, named Stoneham, 20 Stoneham Street, is being developed by DeMartini Fletcher and features 12 levels with 99 one and two bedroom apartments, undercover parking and a ground floor retail precinct.
<img src="/images/2016/08/26/700_stones_bed.jpg" alt="">
The pre-1911 building, named ‘Stoneham House’ will be restored and integrated into the design and include an 18 metre pool, barbeques, private dining areas and relaxation zones.
The one and two bedroom apartments will range in size from 74sqm to 93sqm respectively with one bedroom apartments priced from $357,500 and two bedroom configurations priced from $555,000.
<img src="/images/2016/08/26/new_stones_ex.jpg" alt="">
John Lunney, development manager DeMartini Fletcher said Stones Corner is a progressive, dynamic and unique suburb in the midst of an exciting transformation.
“From a community perspective, the Stoneham tower will breathe fresh air into the suburb and become a focal point for locals," he said.
<img src="/images/2016/08/26/700_pool.jpg" alt="">
For more information about Stoneham call 1300 616 141 or <a href="https://stoneham.com.au" target="_blank">click here</a>.
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$53m apartment project for Brisbane’s Stones Corner

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Developer AVJennings has completed construction on the first stage of its new Creekwood Central precinct in Caloundra on Queensland's Sunshine Coast.
The development features 31 double story architecturally designed townhouse with a choice of five contemporary two and three bedroom floorplans, with prices starting from just $345,000.
Creekwood Central has five home designs - the Clovelly, Fraser, Iluka, Esperance and Hamilton which range up to 178 sqm and a five to six star energy rating.
All townhomes feature open plan living and dining areas, with a generous kitchen complete with European stainless steel appliances, stone benchtops and ample storage. The townhomes have been designed to be light and breezy, with large windows for cross-ventilation and supported by air-conditioning in the main living areas and master bedroom.
Rod Chadwick, AVJennings Queensland state general manager said Creekwood Central has been created in response to increasing demand from buyers for homes that offer convenience and connectivity.
"These townhomes are turn-key, so home buyers can see the quality of their new home first hand and make the move as soon as they are ready," he said.
"We also believe variety and individuality are important, so we have included a range of floorplans and a choice of two colour schemes called Sandstone and Pumice in Creekwood Central to appeal to different markets.
"I anticipate first time buyers, investors and downsizers will snap up the two bedroom, two bathroom, single garage Hamilton and Fraser townhomes, with a choice of a 'loft' design with a balcony or a traditional terrace style home with front and rear courtyards.
"Those looking for a larger abode will find the Clovelly, Iluka and Esperance designs meet their needs, with three bedrooms, two bathrooms plus powder room and a single or double garage. These designs all include outdoor entertainment areas and a dedicated study space for students or professionals needing a home office.
"These townhomes have been designed not only to suit residents but also the Creekwood lifestyle, so home buyers can take advantage of the community's proximity to the lake and beach."
For more information, <a href="https://creekwood.com.au" target="_blank">click here</a>.
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AVJennings completes townhomes in new Creekwood Central precinct

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More than 60 percent of apartments have sold in the Alto &amp; Tenor development in Brisbane's Red Hill.
Development firm Property Solutions will soon start construction of the boutique apartment project.
Alto &amp; Tenor features 19 one- two- and three-bedroom apartments in a complex fronting Upper Clifton Terrace and Lower Clifton Terrace and are priced from $455,000. Three-bedroom dwellings, priced from $780,000 will be released in August.
For more information, <a href="https://altotenor.com.au" target="_blank">click here</a>.
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Construction of Brisbane, Red Hill development Alto & Tenor to start

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A vacant beachfront block at in Victoria's Mount Eliza has been listed for sale. 
The 1,400 square metre block of land at <a href="https://www.realestate.com.au/property-house-vic-mount+eliza-121701910" target="_blank">3 Tintagel Court</a> is located in the 'Golden Mile' at the point of Davey's Bay and Canadian Bay. 
It last traded for $3.6 million in 2014.
The property is listed by Michael Hamilton at Biggin &amp; Scott, Frankston. 
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Mount Eliza land for sale on Golden Mile

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Sydney’s North West is trending into a sought after investment hotspot amid the soft development market and the investor rush to cash in on record low interest rates, according to real estate firm CBRE.
The recent sale of 2A Hector Court, Kellyville to supermarket chain Woolworths for $12.5 million through CBRE Capital Markets is a case in point. 
Tom Sheridan of CBRE’s Western Sydney Capital Markets team said areas such as Baulkham Hills, Castle Hill, Kellyville, Dural and Blacktown were particularly in demand from investors, mostly along busy thoroughfares and in neighbourhood centres. 
“The softening development market over the past five months is prompting buyers to park their money in investment assets, in order to benefit from historically low interest rates and tightening yields,” he said. 
The softening Australian dollar is also driving offshore groups to invest in Australia, with Asian buyers honing their focus on the North West, added Alex Mirzaian, senior manager, CBRE Capital Markets.
“In addition to the significant amount of local buyers in the market, including existing owner occupiers looking to expand, Asian buyers are targeting the region’s commercial and retail assets to acquire sites with a holding income,” said Mirzaian.
“Freestanding retail investments leased to blue chip tenants including major supermarket chains are sought after, with investors wishing to acquire these assets to anchor their property portfolios.” 
An oversupply of housing and undersupply of “community benefit stock” such as service stations, neighbourhood shops, grocers and food premises in Sydney’s North West was also prompting leading national brands to set up shop there, said Alex Ugarte of CBRE Capital Markets.
The elections and the debate on negative gearing has triggered a major shift in the residential market - which is contributing to the interest in the commercial and retail sector, he added. 
The sale to Woolworths was via an expressions of interest campaign, which saw strong interest from a range of investors due to the site’s B2 local centre zoning, according to CBRE executives. 
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Offshore investors target Sydney’s North West: CBRE 

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A 1,214 sqm development site in Mitchelton is for sale with an $1.85 million asking price.
Located eight kilometres north west of the Brisbane CBD, <a href="https://www.realestate.com.au/property-house-qld-mitchelton-120022013" target="_blank">5-7 Sussex Street</a> is a combination of two blocks with a 30 metre frontage.
The land has low-medium residential (LMR3) zoning for up to three storeys however any development is subject to the approval of Brisbane City Council.  
The property is listed by Torstein Woodhall at Bowtell Woodhall Real Estate. 
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