Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

Joel Robinson

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

&nbsp;

Developer GURNER™ Group has revealed $1.65 billion in residential sales nationally across the 12 months to December 2025, driven largely by the continued momentum of its Docklands wellness-focused precinct, Elysium Fields.

The sales result was generated across seven projects in Victoria and New South Wales, headlined by Elysium Fields, GURNER™’s $2.75 billion mixed-use precinct planned for Harbour Esplanade in Docklands.

The project has recorded more than $500 million in sales across the first three towers, equating to around 580 apartments sold.

The first tower, Helios, has now sold out of its 240 private residences, with GURNER™ preparing to release a premium penthouse collection comprising 15 three-bedroom penthouses in coming weeks.

[smartcode_project:default project_id=144441 project_image_fid=370975]

Elysium Fields is being developed on the long-held 20,000 sqm Docklands site at 208-226 Harbour Esplanade, which had remained undeveloped for more than two decades prior to GURNER™ taking over the project around four years ago.

Construction has now commenced across four towers ranging between 18 and 30 storeys, with Hamilton Marino and Maxcon appointed as builders.

Once complete, the precinct is expected to comprise around 1,100 residences, alongside retail, hospitality and public realm uses integrated throughout the site.

[smartcode_project:default project_id=144441 project_image_fid=370981]

Designed by Fraser &amp; Partners in collaboration with GURNER™ Design House, the project has been positioned around the developer’s broader focus on wellness-led residential living.

“We don’t sell apartments. We create a true luxury lifestyle that simply doesn’t exist elsewhere in the market today,” Founder and Executive Chairman Tim Gurner said.

“To deliver that requires an extraordinary level of detail, coordination and discipline across multiple verticals, from design and hospitality through to wellness and service.”

“We’ve always believed that living extends far beyond the physical residence. It’s about how you feel the moment you arrive, how you live day-to-day, and the ecosystem that supports that.” 
[smartcode_project:default project_id=144441 project_image_fid=370977]

The project’s design places a heavy focus on landscaping, wellness amenities and biophilic design principles.

Plans include around 3,700 sqm of landscaped gardens and open space throughout the precinct, alongside a retail and dining offering spanning approximately 5,000 sqm.

The broader public realm strategy centres around what GURNER™ describes as the “Path of Life”, an urban forest and landscaped pedestrian environment intended to connect the various buildings and wellness spaces across the precinct.

The apartments themselves will incorporate a range of wellness-focused inclusions, including purified air and water systems, circadian lighting, antimicrobial surfaces, and optional in-home wellness upgrades.

[smartcode_project:default project_id=144441 project_image_fid=370980]

Gurner said the company’s experience through its Saint Haven wellness clubs had directly informed the residential offering now being incorporated into Elysium Fields.

“We’re seeing a clear global shift toward longevity, performance and proactive health,” Gurner said.

“Our role is to deliver that in a way that feels seamless, highly private and beautifully resolved within the environments we create.”

A large component of the wellness offering is planned through the resident amenity and health facilities proposed within the precinct.

That includes plans for bathing and recovery facilities spread throughout the towers, incorporating mineral pools, saunas, steam rooms, flotation therapy, red light therapy and wellness lounges.

The developer is also seeking approvals for what it describes as a “reverse ageing medical clinic” within the precinct.

[smartcode_project:default project_id=144441 project_image_fid=370978]

According to project information released by the group, the proposed facility would include cryotherapy, IV infusion therapy, infrared and dry saunas, PEMF beds, MRIs, DEXA scans, brain scans and blood analysis services.

Within the first tower, Helios, residents will also have access to a dedicated amenity offering known as the Sky Private Club.

The upper 15 levels of the building will include private lounges, dining spaces, rooftop amenities and optional private wellness studios integrated within residences.

The Helios tower itself comprises 260 apartments ranging between 60 sqm and 300 sqm, including a collection of penthouses.

That includes a planned two-storey penthouse spanning around 600 sqm with uninterrupted bay views.

The Elysium Fields precinct is being delivered in partnership with Digital Harbour Holdings, a consortium that includes the Liberman family, which controls the development rights across the Docklands site.

[smartcode_project:default project_id=144441 project_image_fid=370979]

The sales result comes as GURNER™ continues expanding its national development pipeline beyond Victoria.

“We have a strong pipeline across Australia and are now focused on scaling into key markets including New South Wales and Queensland, while continuing to build on our Melbourne base,” Gurner said.

“We currently have more than $3 billion in the market, growing to over $5 billion by October, and expect to materially outperform last year in the 2026 calendar year.”

The result also reflects the continued strength of the upper-end apartment market in Melbourne, particularly for owner-occupier-focused product with large-scale amenity and lifestyle offerings.

[smartcode_project_cta:default project_id=144441]

Record result anchored by the Group’s “utopian” Elysium Fields precinct – defying market headwinds in Docklands.

Elysium Fields drive Gurner to $1.65 billion in apartment sales over 2025

National Australia Bank (NAB) will fund <a href="https://www.apartments.com.au/new-apartments/palmera-residences-gold-coast-18-garfield-terrace-surfers-paradise-qld-4217">Palmera</a>, a $1 billion, 52-level luxury residential tower being developed by Central Equity in one of the Gold Coast’s most tightly held coastal locations at Northcliffe.

The project, launched recently by <a href="https://www.apartments.com.au/developers/central-equity">Central Equity</a>, one of Victoria’s largest private residential developers, comes at a time when construction funding for large residential developments has become increasingly competitive as lenders tighten exposure to the sector.

Multiplex has been appointed the builder, and construction is now underway.

[smartcode_project:default project_id=108274 project_image_fid=365784]

Since its first project, Central Equity has delivered more than 85 residential developments with a combined end value exceeding $8 billion.

Palmera reflects Central Equity’s growing focus on the Gold Coast luxury apartment market and continues a relationship between Central Equity and NAB that dates back to the late 1980s, when the bank funded one of Melbourne’s earliest inner-city residential towers at a time when high-rise apartment living in the CBD was largely unproven.

“NAB’s funding of Central Equity’s $36 million CBD development in the late 1980’s to the financing of the billion-dollar tower today highlights the long-term relationship between the two organisations in delivering major residential projects” said Central Equity Founder and Chairman Eddie Kutner.

He said NAB’s early support was instrumental in helping establish the company’s development model.

“When we commenced our first residential tower in the late 1980s the concept of funding off-the-plan apartments was still largely untested in Australia,” Kutner said.

“NAB recognised the opportunity early and supported the project when others were uncertain. That relationship has now continued for more than 37 years across many developments.”

[smartcode_project:default project_id=108274 project_image_fid=365771]

Central Equity was established in 1987 when Melbourne’s CBD and Southbank precinct were still dominated by warehouses and commercial buildings. Fewer than 100 residents lived in Southbank at the time, and large-scale residential development in the inner city was not widely considered.

Recognising changing demographics and lifestyle preferences, the company began developing high-rise residential projects designed to bring permanent residents into the city centre.

Central Equity has provided accommodation for approximately 40,000 residents across Melbourne’s CBD and Southbank, while also incorporating supporting infrastructure including essential lifestyle facilities like retail spaces, childcare facilities and neighbourhood activity centres.

Central Equity has spent many years assembling the Palmera development site on the corner of Garfield Terrace and Frederick Street in Northcliffe, creating a supersite of around 3,300 sqm.

The developer said the Palmera apartment tower reflects its long-term view of the Gold Coast as a growing and increasingly diversified economy.

[smartcode_project:default project_id=108274 project_image_fid=365768]

Supported by infrastructure including the light rail network, major road upgrades expanded education, hospital and medical facilities and continued expansion at the Gold Coast Airport with more international and domestic flights.

Positioned in the tightly held Northcliffe precinct, the 52-level tower will deliver 347 apartments, targeting buyers seeking a high-end coastal lifestyle, from downsizers to interstate investors.

Designed by Marchese Partners with interiors by DBI, Palmera has been conceived as a next-generation residential offering, featuring a collection of oversized apartments, with premium three-bedroom residences offering sweeping northern views stretching from Surfers Paradise through to Burleigh Heads.

[smartcode_project_cta:default project_id=108274]

NAB funds $1 billion Surfers Paradise apartment development, Palmera

Two years after completing one of the newest developments in North Sydney, developer <a href="https://www.apartments.com.au/developers/aqualand-australia">Aqualand</a> is turning its attention to the rapidly evolving St Leonards apartment market.

The developer, which completed AURA by Aqualand on North Sydney's Walker Street, has lodged plans for a 5,918 sqm site at <a href="https://www.apartments.com.au/new-apartments/33-37-herbert-street-st-leonards-nsw-2065">33-37 Herbert Street, St Leonards,</a> seeking approval for a pair of residential towers rising above a shared podium opposite Royal North Shore Hospital.

The proposal forms part of the broader transformation underway across the St Leonards-Crows Nest precinct, where former industrial and commercial sites are increasingly being redeveloped into high-density mixed-use projects tied to major transport infrastructure.

<img alt="Aqualand" data-entity-type="file" data-entity-uuid="2cc428cf-fe70-4cac-9cd5-264ad53af62c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%209.51.56%E2%80%AFAM.png?VersionId=otKSnHtbjAvAddOnovyXQMgcAwE6DMe1" />

According to the planning documents, the site sits “within the St Leonards–Crows Nest Strategic Centre, identified by the NSW Government as a key area for accommodating future jobs and housing across Sydney.”

The proposal has been designed by fjcstudio, formerly FJMT Studio, and is being progressed through the State Significant Development pathway due to its scale and affordable housing provision.

The scheme would comprise 413 apartments, including 46 affordable housing units, alongside retail and commercial uses fronting Herbert Street. The project would also include communal open space, landscaping, a swimming pool, gymnasium, children’s play areas and podium-level resident amenities.

Planning documents show the development would consist of a part-13, part-39 storey tower form positioned above a four-storey podium.

“The development comprises a unified podium that activates the street interface, and two setback towers to accommodate new housing supply while maintaining an appropriate human scale at ground level,” fjcstudio noted in its Design Report.

The northern and southern towers have been shaped to respond to the surrounding skyline while also limiting overshadowing impacts to nearby public open space, particularly Talus Reserve.

The design report said the differing tower heights were intended to “contribute to a varied skyline while responding to the surrounding built form context and solar access considerations.”

<img alt="Aqualand" data-entity-type="file" data-entity-uuid="36da62dc-ff9e-41f2-a7e3-7be38373751c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%209.51.45%E2%80%AFAM_0.png?VersionId=Mo6Rp2r.XRLTzIfg_PEEpw8NepDH8UBs" />

The site sits directly opposite Royal North Shore Hospital and within walking distance of both St Leonards Station and the new Crows Nest Metro station.

While the site itself sits just outside the formal Crows Nest Transport Oriented Development boundary, the planning documents repeatedly reference its alignment with the broader TOD objectives reshaping the Lower North Shore.

“The site is located adjacent to St Leonards Station and in close proximity to Crows Nest Metro which is within the Crows Nest Transit Orientated Development Accelerated Precinct which has been identified by the NSW Government to support housing delivery,” the Design Verification Statement noted.

According to fjcstudio, the project has been designed to respond to the broader transition occurring across St Leonards, where increasing residential density is being concentrated around transport infrastructure and employment hubs.

“The broader precinct is undergoing significant change, with a mix of existing mid-rise buildings and newer high-density developments,” the report stated.

“Recent and approved projects indicate a consistent shift toward taller built form, typically organised as tower-and-podium typologies with more active ground levels.”

The proposal includes close to 6,000 sqm of retail and commercial space across the ground floor and podium levels, designed to create a more activated street edge along Herbert Street.

Aqualand’s plans would also introduce a landscaped podium shared between the two towers, with communal open space in the form of a podium rooftop designed to support resident interaction and improve urban greening outcomes. The scheme would also introduce pocket parks at the northern and southern ends of the site, including a landscaped area at the corner of Herbert and Ella streets designed to improve pedestrian amenity and soften the streetscape.

&nbsp;

The proposal is being progressed through the NSW Government’s Housing Delivery Authority pathway, which was introduced to accelerate housing supply across the state. The application was declared State Significant Development in April 2025 following an expression of interest process.

<img alt="Aqualand" data-entity-type="file" data-entity-uuid="faf6d97d-2671-454f-b85a-fe1c6a7be608" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%209.51.49%E2%80%AFAM.png?VersionId=diVd28OBVr5.YV.7prrOz.uAanwwwm7a" />

St Leonards has been particularly active with new developments in recent weeks. Developer SP Setia’s <a href="https://www.apartments.com.au/news/nsw/first-look-sp-setia-targets-st-leonards-skyline-with-40-storey-tod-tower">plans for a new 42-storey tower</a> recently went on exhibition through the same pathway, while <a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">Stockland’s 52-storey tower proposal</a> was also recently unveiled.

Aside from the St Leonards project, which is expected to take around nine months to move through the approvals process ahead of a potential 2027 launch, Aqualand is also preparing to launch Boronia, a new apartment project in Roseville comprising around 111 apartments on Larkin Street.

The developer also has approvals in place for the next stage of the Barangaroo precinct, which will feature new residential, retail, hospitality and community uses, alongside a new metro entry across the five-hectare site.

More than 50 new retail destinations are planned for Central Barangaroo, alongside a 270-metre-long boulevard connecting Hickson Park to Nawi Cove. Together with Harbour Park, more than 50 per cent of the precinct will comprise public open space and parkland.

First look: Aqualand joins St Leonards apartment party

Residential Development

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The Oceanside Kawana precinct on Queensland's Sunshine Coast will be a focus for investors in the future according to new research from Urbis.
Director of economics and market research for Urbis, Malcolm Aikman, said the Sunshine Coast’s immediate future will be driven by solid job growth on a scale rarely seen in other locations, and the Oceanside precinct is at the epicentre of this growth.
<a href="/images/2016/07/29/Screen%20Shot%202016-07-29%20at%2011.28.04%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/07/29/Screen%20Shot%202016-07-29%20at%2011.28.04%20AM.png" alt="">
"The Oceanside precinct exhibited strong growth fundamentals, especially with billions of dollars in infrastructure spending leading to the creation of more jobs – with significantly higher wages - and population growth, which in turn should lead to greater demand for residential property," he said.
<a href="/images/2016/07/29/Screen%20Shot%202016-07-29%20at%2011.29.12%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/07/29/Screen%20Shot%202016-07-29%20at%2011.29.12%20AM.png" alt="">
“The $5.3 billion Oceanside Kawana project, which comprises the Oceanside Health Hub, the Sunshine Coast University Hospital (SCUH) and the proposed Oceanside Town Centre, represents one of the largest development projects in Australia and is forecast to employ 16,000 operational staff upon completion.
<a href="/images/2016/07/29/Screen%20Shot%202016-07-29%20at%2011.30.16%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/07/29/Screen%20Shot%202016-07-29%20at%2011.30.16%20AM.png" alt="">
“This increased employment will bring many more people into the precinct, with population growth within the Oceanside catchment forecast at 2.8 per cent per annum over the 20 years to 2036, well above the one per cent forecast for the Brisbane LGA.
<a href="/images/2016/07/29/Screen%20Shot%202016-07-29%20at%2011.31.40%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/07/29/Screen%20Shot%202016-07-29%20at%2011.31.40%20AM.png" alt="">
“A major demographic shift for the population is also underway, with average wages within the precinct set to increase dramatically. The average wage of a hospital worker is $92,300, more than 60 per cent higher than the Sunshine Coast LGA median wage of $56,940.”
According to Urbis, almost 70 percent of the active apartment market in Oceanside is already registered as sold or under contract.
<a href="/images/2016/07/29/Screen%20Shot%202016-07-29%20at%2011.32.51%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/07/29/Screen%20Shot%202016-07-29%20at%2011.32.51%20AM.png" alt="">
Colliers International and Savills are marketing prime development sites within this precinct yielding between 30 and 220 units.
For more information, <a href="https://www.oceansidekawana.com.au" target="_blank">click here</a>.
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jonathanchancellor-7SQnKwU6yx

Does Oceanside Kawana offer investment potential as epicentre of Sunshine Coast growth?

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The Melbourne hip suburban fringe property developer Tim Gurner has submitted plans for his $350 million development in North Fitzroy.
It will feature terraced apartments with their own terrace gardens.
His architect, Koichi Takada proposes a cascading 16-storey development of about 550 apartments, covered in greenery inspired by the rice paddies of south-east Asia.  
Apartment prices will start at $450,000 for a 47-square-metre, one-bedroom apartment rising to $4 million for a 135-square-metre four-bedder.
Tim Gurner's proposed development will retain the existing industrial heritage facade, with a piazza offering community space and shops and restaurants.
The $40 million site was bought in February on <a href="https://www.propertyobserver.com.au/https://vhd.heritage.vic.gov.au/places/result_detail/104097?print=true" target="_blank">Queens Parade</a>. The site was the K.G. Luke Pty Ltd electro plate manufacturing factory created in 1938 for Kenneth G. Luke. 
In 1921 Kenneth Luke became a partner in a small metal-spinning and silverware business at Carlton.
By 1925 he was its proprietor and an employer of seven. These employees were still with him thirty years later, with 650 others, making an ever-increasing range of products: silverware, stainless steel surgical equipment, plated goods and glass-washing machines.
Luke went on to achieve many major public roles.
In 1938-55 he was president of the Carlton Football Club. A delegate (from 1935) to the Victorian Football League, he was its vice president (1946-55) and president (1956-71). 
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jchancellor-FAypfDUnLy

Tim Gurner proposes paddy fields-inspired North Fitzroy project

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Frasers Property Australia is to release a limited number of one, two and three bedroom apartments as part of its $900 million Hamilton Reach development in Brisbane's inner north.
<img src="/images/2016/07/28/Screen%20Shot%202016-07-28%20at%2011.19.22%20AM.png" alt="" width="556" height="377">
The apartments, in the Riverlight development, feature 1700sqm of landscaped gardens, a 20 metre Olympic edge lap pool, barbecue, sun deck and gymnasium overlooking the Brisbane River and Royal Queensland Golf Club. 
<img src="/images/2016/07/28/Screen%20Shot%202016-07-28%20at%2011.19.01%20AM.png" alt="" width="579" height="363">
The development also includes an exclusive dining room and boathouse.
Cameron Leggatt, general manager residential Queensland, Frasers Property, said since 2011, we’ve achieved more than $240 million in sales and transformed an area into one of the most desirable neighbourhoods in South East Queensland.
<img src="/images/2016/07/28/Screen%20Shot%202016-07-28%20at%2011.19.10%20AM.png" alt="">
The project’s one bedroom + multipurpose room and two bedroom apartments will be priced from $420,000 and $452,500 respectively, while three bedroom apartments will start at $622,500.
For more information, <a href="https://www.frasersproperty.com.au/QLD/Hamilton-Reach" target="_blank">click here</a>.
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More apartments at Brisbane's Riverfront, Hamilton Reach released

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The final development plot at Sydney's Green Square Town Centre has come on the market and will be being offered through international expressions of interest closing 30 August 2016.
The 811 Elizabeth Street Zetland site is 9,693sqm and zoned for mixed use development. It has three street frontages and market through Knight Frank’s Eugene Evgenikos, Tim Holtsbaum, Dominic Ong and Adam Bodon. 
The site is diagonally opposite the aquatic leisure centre, which will include a 50-metre outdoor pool set within a ‘beach pool’, indoor pools and gym, a park, native landscaping, and play equipment. 
<img src="/images/2016/07/27/green2.jpg" alt="">
Eugene Evgenikos, head of metropolitan sales, NSW, Knight Frank said the soon-to-be-completed 5,500 square metre Drying Green Park, Gunyama Park and the aquatic leisure centre, all located within a short walking distance, provide a remarkable point of difference and desirability for any ensuing development.
“The precedence for high-density development in the immediate vicinity of the new aquatic centre has been well established, with this site being the last piece of the jigsaw puzzle, the missing link, in connecting the boulevard through Green Square town centre,” he said.
The Green Square Town Centre development area is 278 hectares, and will eventually be home to 30,500 new dwellings. This includes approx. 10,000 now under assessment or construction. When fully completed after 2030, Green Square’s total population is expected to reach 61,000.
 
 
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Final residential development site in Sydney's Green Square Town Centre on market

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A 'small footprint' residential development in Melbourne's inner city suburb of Clifton Hill has notched up brisk sales at registration day, with 53 of 65 available apartments and townhouses sold.
Developed by Wulff Projects, Icon Co. and Assemble, 122 Roseneath St. took a different approach to building in that it sought feedback from prospective buyers at various stages of design prior to construction.
The developers wanted a chance to communicate the social and environmental values that underpin the project, according to a media release.
A high proportion, 96 percent, of buyers at 122 Roseneath St. are owner-occupiers. The developers estimate that 40 percent of all purchasers were first-home buyers, and that 38 percent came from Clifton Hill or surrounding suburbs.
The proportion of first home buyers reflects the affordability of the project, where the median house price is $1.161 million (Domain), claims the media release.
Selling agent Roland Paterson of Nelson Alexander said it was unprecedented for an off-the-plan project.
“Selling almost all the available dwellings is an unprecedented result for an off-the-plan development that has attracted 96 per cent local owner-occupiers,” he said.
All three directors of project architect Assemble – Quino Holland, Ben Keck and Pino Demaio – purchased a home at 122 Roseneath St.
“The participation and feedback throughout the design presentations allowed us to tailor the design and give buyers the confidence to commit to the project,” says Adam Wulff, director of Wulff Projects.
The consultations and feedback led to a communal room, a communal laundry and the provision of an embedded energy network.
Melina Chan, who works in community development, says she has invested in 122 Roseneath St because she couldn’t find anything else in Melbourne quite like it.
Chan says she was looking for a development that prioritised “the wellbeing of the planet” and medium-density housing that minimises travel to places of employment and cultural amenities.
For Marion Arnott, who has three school-going sons, it was a townhouse with a rooftop deck and outdoor area. Arnott says 122 Roseneath St. was an affordable option.
Downsizers Pam and Ray Walford said they were attracted to the aspects of small-footprint living at 122 Roseneath St.
“The location is closer to where our two sons live than where we presently live, and close to major bicycle trails,” Ray Walford says. The Walfords have purchased a two-bedroom apartment.
There are still 10 homes available at 122 Roseneath St, including two one-bedroom apartments and eight townhouses.
In fact, seven of the development partners have bought homes at 122 Roseneath St.
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'Small footprint' project in Melbourne notches brisk sales

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GUEST OBSERVER
Four years after its announcement, the Queensland government last week cancelled the central plank in the Logan Renewal Initiative: the overhaul of Logan’s 4,900 public housing dwellings by a community-housing-provider-led consortium.
The initiative is a planned 20-year strategy to reshape Logan, an outer-suburban centre in Brisbane’s southeast. It would have been Australia’s largest and most-ambitious residential urban regeneration project.
Given its flagship status, and the hopes invested in it as a new form of public-private renewal partnership, the project’s abandonment could be a serious setback for Australian housing and urban policy.
So, why – presumably at a very substantial cost in compensation to the spurned regeneration partners – did the Queensland government walk away from the deal?
<h2>Why was the project canned?</h2>
The Logan area encompasses Queensland’s largest body of public housing. By the early 2000s, the Logan City Council had begun to see the resulting concentration of disadvantage as damaging to the area’s public image and reputation. As well as detracting from residents’ quality of life, high rates of crime and anti-social behaviour had become a perceived barrier to investment.
Partly in response to these concerns, but also building on an existing collaboration between its Labor predecessor and the council, the Newman LNP government began the Logan Renewal Initiative in 2012. From the government’s perspective this was to be just the first instalment of a broader plan to radically recast the state’s public housing system.
In 2014, after three rounds of bids and multiple modifications to the original specification, a consortium involving two NSW-based community-housing providers was revealed as the successful tenderer.
This proposal involved a new place-based management entity, Logan City Community Housing, and pledged the replacement of 1,000 outdated existing public housing units with 2,600 newly built homes – 1,600 of which would be social and affordable dwellings.
In early 2015, Queensland voters threw out the Newman government. But, nearly 18 months and very probably millions of dollars in set-up costs later, Housing Minister Mick de Brenni last week pulled the plug on the project. Instead, he is offering a A$17 million commitment to fund 70 new public homes over the next three years.
At least some of the seeds of the project’s failure were probably sown by the arguably reckless way it was originally rushed forward in 2012. Buttressed by a huge parliamentary majority and impatient to drastically reshape Queensland’s public services, the Newman government gave little priority to building public support for its radical plans – in housing, as in other areas.
Equally, the drawn-out tender process, with its multiple stages and changing requirements, speaks of excessive haste and/or policy over-reach in a state with little previous experience of urban renewal of the scale and complexity envisaged here.
de Brenni claimed:
The previous government’s privatisation plan was risky and unprecedented in scale.
However, he then went much further, declaring the now-doomed plan unacceptable in principle since:
It’s not the policy of this government to privatise essential services and I want to make it very clear that this includes public housing.
Privatisation is an incendiary term in political debate. It may be a technically accurate description for the transfer of public housing to the control of a non-government body in the form of a not-for-profit community housing provider. But whether this really amounts to the kind of deal normally evoked by the term “privatisation” in the public mind is highly debatable.
First, the “assets” concerned were to be retained in government ownership. They would have passed into community housing provider control only on a fixed-term lease. And the additional homes to be developed would also have returned to government ownership and control at the end of the scheme.
Second, since it is not a profit-making body, the acquiring community housing provider is not in this to exploit the opportunity to generate shareholder returns or to squeeze funding for local services.
To the contrary, in canning the Logan project the Queensland government has turned its back on around $800 million of direct investment in social and affordable housing, as well as significant educational and training opportunities for local people.
Third, in terms of its management of the former public housing stock, the would-be new landlord in any housing transfer project of this kind is subject to both contractual obligations and statutory regulation.
<h2>Inconsistent with Labor policy elsewhere</h2>
de Brenni’s declared interpretation of public housing transfers is also out of line with that of Labor colleagues federally and in some other key states.
In 2013, then-federal housing minister Mark Butler <a href="https://www.formerministers.dss.gov.au/12481/opening-address-powerhousing-australia-conference-melbourne-vic/">reaffirmed</a> the Labor government’s aim of boosting the community housing sector, recognised the role of public housing transfers in achieving this goal, and expressly favoured transactions involving ownership handover rather than those limited to short-term management outsourcing.
Meanwhile, South Australia’s Labor government is currently progressing a public housing transfer program aimed at levering in additional funding to upgrade the public housing stock. This funding would otherwise have been unavailable.
Also, Labor leader Luke Foley in 2015 challenged the NSW government by advocating a boost to the state’s community housing sector through the title transfer of 20,000 public housing units.
With Australia’s public housing withering on the vine and many estates falling further into social and physical decline, there is an argument that these problems could and should be fixed by governments directly. But, over decades, both federal and state/territory governments have shown themselves unwilling to take that responsibility.
This policy stance has also recently been backed by the mainstream view that the renewal of large estates should build in social and economic diversity through a private/public housing mix.
In any case, by whichever route it is to be achieved, a clear, bipartisan way forward to tackle these problems is urgently needed. Fundamentally, that would mean commitments to quantify the national cost of remedying public housing disrepair, to devise a funded estate upgrade and diversification program, and to fashion a sustainable financial and governance framework to assure the sector’s future.
Hal Pawson<a href="https://theconversation.com/profiles/hal-pawson-147969" rel="author"></a> is associate director - City Futures - Urban Policy and Strategy, City Futures Research Centre, Housing Policy and Practice, UNSW Australia and author for The Conversation. He can be contacted <a href="https://theconversation.com/profiles/hal-pawson-147969" target="_blank">here</a>.
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Ditching Logan’s public-private regeneration sets Queensland back on social and affordable housing

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GUEST OBSERVER
Urban and regional planning, as an institutional practice, is increasingly criticised for failing to meet ordinary citizens' needs. Enter “hacktivism”.
Fusing hacking and activism, the term has previously referred to using information technology to achieve political goals. While “hacking” often entails malicious attacks on websites, it has another meaning. Hacking also means innovative problem-solving by combining new ideas with readily available materials.
Examples include taking an old DVD and using it as a drink coaster, bending a paperclip to reset a digital device, or twisting a coat hanger to unblock a drain. These are do-it-yourself “hacks” like those of the television character MacGyver.
Essentially, hacking is creative problem-solving. “Hackathons” are a case in point. Hackathons involve the “brainstorming, designing and testing of ideas with change-makers”.
Hacktivism in this sense refers to grassroots problem-solving by like-minded people who are willing to “go round the back” of established institutions to achieve social objectives. Hacktivism reflects a growing disenchantment with mainstream institutions, pervasive neoliberalism, and cultures of consumption.
Hacktivism is different to “place-hacking” by urban explorers. Recent examples of this include guerrilla gardens, pop-up libraries, repurposinginfrastructure and even disco traffic lights and street pong.
<h2>What’s driving hacktivism?</h2>
Hacktivism can challenge the trend among governing bodies to embrace neoliberal rhetoric about fast-tracking development. Cutting “red” and “green” tape disenfranchises residents.
Debates about urban consolidation are an example. Big developers seem to be able to bulldoze communities into accepting projects, which some residents feel will destroy the places they love, overshadow backyards, reduce privacy, increase congestion and noise, or even ruin neighbourhood character.
These concerns are often dismissed as “NIMBYism” and self-interest.
But streamlined development assessment processes and “consultation” typically limit citizen engagement. Who can blame residents for getting angry?
Citizen groups, civic-minded planners, environmentalists and others are beginning to resist the privatisation of public spaces and the erosion of public functions by offering alternatives. These range from interventions such as the parklets and pop-up venues of so-called “tactical urbanism” to more “activist”-oriented responses such as a Toronto group’s subversive use of advertising billboards.
<h2>Case studies in Australia</h2>
In Australia, a small but growing cadre of residents is experimenting with hacktivism in planning. Two recent examples are instructive:
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Gold Coast Hinterland and Environment Council’s (GECKO) initiative to “hack planning” by producing a community-led climate change action plan; and
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organised community resistance to the “West Village” development in West End, Brisbane, where residents have developed their own collaborative planning processes to create an alternative vision for the site.
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West End has a history of community-based resistance to evictions and inappropriate or undesirable development. It also has a history of challenging developers and governments to engage in a more sophisticated debate around best practice in planning and development.
The West Village development proposes seven 15-storey apartment towers and a large supermarket on an inner-city lot. This project highlights the ongoing struggle for social justice in inner Brisbane in the face of rapid development.
Stage 1 of West Village was deemed code-assessable, meaning no provision for public notification and no appeal rights. The full masterplan for the site is, however, impact-assessable.
Many residents saw the development proposal as flawed and creating many serious problems. Building on existing social ties and strengths, a group of residents and interested parties have begun to create an alternative vision (“Instead of West Village”) for the site. The aim is to pressure both the developer and government to engage with their concerns and aspirations.
Residents are using an open, collaborative, community-based planning process, similar to earlier grassroots engagements in the suburb. Community-led draft masterplans have been developed and discussed at various events. These plans are contrasted against community-generated models and images of the proposed development. Public meetings and workshops have enabled input from diverse quarters.
The alternative vision is still being finalised, but the collaboration and spirit of hacktivism underpinning it transcend the importance of the alternative master plan.
This hacktivism asserts a right to the city. It demands that planning be better: more just, more sustainable, more inclusive. In doing so, communities are beginning to “hack” planning itself.
GECKO’s recent Climate Change For Good Conference is a second example. This local non-profit organisation has partnered with the Queensland government to pioneer a new model of local climate-change adaptation.
The process began with a weekend of presentations by a range of experts and practitioners. These were accompanied by community-based problem-solving workshops. The forum closed with an innovative proposal to “hack planning”.
The intent is to devise a living document that crowdsources innovative adaptation ideas from the community to meet challenges such as health, food and water security, emergent business opportunities and place-making. This offers an alternative to Gold Coast City Council’s climate change adaptation plan, which has been shelved.
The community-led plan will enable engagement with diverse groups that are often marginalised in the planning process, such as Aboriginal groups, caravan park dwellers, migrants, youth and homeless citizens.
By giving a voice to real people living in everyday places, and by drawing on citizen knowledge and ingenuity, hacktivism promises action on issues beyond the remit of traditional planning. So, how could you “hack” your city?
Jason Byrne is associate professor of Environmental Planning, Griffith University and can be contacted <a href="https://theconversation.com/profiles/jason-byrne-6066" target="_blank">here</a>.
Natalie Osborne is lecturer, School of Environment, Griffith University and can be contacted <a href="https://theconversation.com/profiles/natalie-osborne-282804" target="_blank">here</a>.
Both are authors for The Conversation.
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Urban hacktivism: getting creative about involving citizens in city planning

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The Dennis Family Corporation has launched medium density development Summerlin in the northern Brisbane suburb of Banyo.
Summerlin features a range of 248 boutique apartments and contemporary terrace homes across a three-hectare precinct.
Grant Dennis, executive chairman, Dennis Family Corporation said this is the first community development of its kind and of this scale in the local area
“Our master-planned community at Summerlin will bring the best of city living to this emerging neighbourhood and capitalise on the many great attributes of the site location, which include its close proximity to both Nudgee and Banyo train stations,” he said.
Summerlin’s terrace homes will contain three bedrooms, with two or three bedroom apartments. Interiors include walk-in-robes in the master bedroom, along with a breakfast bar and tile splashbacks in the kitchen.
The first-stage market release features 26 three bedroom terrace homes, priced from just $460,000. 
Facilities including a swimming pool with integrated lap pool, sun deck, fully equipped gymnasium, residents’ lounge with kitchen, and barbecues as well as 4,000 square metres of parklands and a separate yoga lawn.
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The sales office is located at 38 Ivedon Street, Banyo. For more information phone 1800 461 860 or <a href="https://www.summerlin.com.au" target="_blank">click here</a>.
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Brisbane's Summerlin development launched in Banyo

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Developers Abacus Property and Linear Group have redesigned a number of apartment layouts and features in their Sydney residential development, One A Erskineville.
Iain Halliday of BKH and Kannfinch and Breakspear Architects has designed new 1 and 2 bedroom penthouses which are now on sale for between $788,000 and $1.195 million.
Some 125 of 175 apartments have already sold, with a number of 3 bedroom penthouse apartments in the development already selling for between $1.5 million and $1.975 million.
For more information, <a href="https://onealiving.com.au" target="_blank">click here</a>.
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One A Erskineville release new penthouses

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Developer Fridcorp has completed construction on its first Sydney-based residential project Eve in Erskineville.
The project between Fridcorp and joint venture partner Wingate, on the corner of Eve and MacDonald Street is worth $160 million and has a mix of 197 one, two and three bedroom apartments across four buildings that vary from four to six levels.
Apartments range from 50 to 110 square metres and were priced from $450,000 - $1,500,000. More than 140 of its 197 apartments were sold within two hours of launching in May 2014, all off-the-plan.
The 8,000sqm development is designed by architecture firm DKO with interiors designed by Hecker Guthrie.
David Randerson, director at DKO and the project’s lead architect said they wanted to create a local landmark but with a sophisticated approach.
“It is conceived, designed and shaped as a response to a range of local elements, such as the distinctive curved corner treatment of numerous local buildings, along with an honest and robust materiality,” he said. 
"Fridcorp was insistent that the development’s design integrity not be compromised, especially when it came to the design and construction of the entryway’s sweeping curves, consisting of textural brickwork that lines the ceiling and flows down the walls of the entry way."
Eve features a secluded, landscaped courtyard with built-in timber seating, mature trees and plants as well as a 1,000 sqm resort-style rooftop garden with expansive views of Sydney’s skyline.
Residents can reserve one of three white timber rooftop cabanas, two of which contain cooking facilities. Interiors have been designed with white oak floors and white walls, and a choice of black or all-white colour palette.
For more information, <a href="https://www.fridcorp.com.au/projects/eve" target="_blank">click here</a>.
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