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."

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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.

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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.

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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."

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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.

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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.

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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;

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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.

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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.

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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."

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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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A Fitzroy property which was put to the market at 11.45am on Monday morning sold at 2.30pm in the afternoon in the quickest sale of the year and a demonstration of the hot market for development sites in Melbourne.
The property, 44-46 Greeves Street is a 500 square metre building on a 450 square metre site and sold for $3.2 million to a local developer with plans for a boutique apartment project and sold with a short term lease
Clinton Baxter, Savills state director - CBD &amp; Metropolitan Sales said the purchaser had been an under-bidder for a property at 71-75 Argyle Street, Fitzroy which Savills sold last month to Piccolo Developments for $7.8 million.
"Currently, there are no freestanding commercial properties on the market in Fitzroy, so the timing couldn’t have been better,’’ he said. 
"The fact that the property was passed in at auction for $2.9 million by another agent last year clearly demonstrated the ongoing growth and demand in the market for boutique inner-suburban development sites.
"The vendor, a local investor, purchased the property in 1986 for $190,000 and has sold at an appreciation rate of $100,000 per year for 30 years."
 
 
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jonathanchancellor-7SQnKwU6yx

Fitzroy development site snapped up same day through Savills

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An off-the-plan 300 sqm apartment at Manly on Sydney's northern beaches as been sold for $9.5 million at developer CostaFox's first project.
The Bower Street apartment fetched $33,800 a square metre - the highest price paid for the suburb when sold to a local buyer.
The previous Manly record was set in 2008 at $30,000 a square metre for the $12.2 million sale of an apartment at 133 North Steyne Road, Manly, according to the Australian Financial Review.
Architect Koichi Takada designed its nautical theme for the prior developers who have sold the project onto CostaFox which was founded by Michael Fox, the former chief executive of Little Projects. 
His new company is a joint venture with Costa Asset Management.
Four of the six apartments at CostaFox's 1189sq m Bower Street project at 102 Bower Street have sold on launch.
Buyers include Julie Meldrum, the corporate communications operative, and her husband Murray Millsom, a former TV producer, who recently had their nearby home listed at $6 million.
Construction of the project will start next month and be completed in 2018.
The project was initially launched in early 2015 as The Bower through Lloyds Property agent Haig Connolly with prices of between $3.9 million and $8.9 million.
The 1189sq m site with two exisiting blocks and frontages to Bower St and Marine Pde was then offered for sale, and went under contract late last year.
But Tim Grosman, national director with CBRE, told The Manly Daily the sale had failed to complete, and the owners had decided to re-offer the property.
<a href="https://www.realcommercial.com.au/property-land+development-nsw-manly-501831074" target="_blank">It resold</a> in March when developer Victor Fong of MV Projects secured $13.1 million.
Earlier this year there was the $7 million plus sale of coal miner Tony Haggarty’s Manly apartment overlooking Fairy Bower.
The four bedroom, three bathroom 430 sqm, Vince Squillace designed apartment is spread over two levels with a terrace with a glass walled plunge pool.
On the North Steyne promenade there was a $5,125,000 sale.
The Manly record still stands at $12.2 million when a five bedroom sub-penthouse down the road sold to the co-founder of Greenhill Caliburn, Peter Hunt and wife Ellie.
The Hunt couple bought the apartment off the plan with lap pool in 2008 in the Susan Rothwell designed Waillea building.
 
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jchancellor-FAypfDUnLy

$33,800 Manly price per sqm record paid

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Construction of Pointcorp's apartment development Fabric in Brisbanes' Teneriffe is slated to begin late this year with 73 apartments across 7 storeys to be complemented by 2018.
The development, on Florence Street and Commercial Road, 2.5 km from Brisbane’s CBD, features interiors designed by Cottee-Parker and will offer  cityscape and riverfront views and will include residents-only yoga and reflection retreat, pool, sundeck, designer furnishings, barbecue facilities and private dining areas.
<img src="/images/2016/07/20/700_fabric2.jpg" alt="">
The development is influenced by neighbouring wool stores and warehouses surrounding as well city loft conversions in New York City.
Residents can choose between light and dark interior colours  with kitchen areas featuring integrated Miele appliances, down lighting and generous cupboard storage as well as bespoke feature walls and black framing elements.
For more information, <a href="https://fabricteneriffe.com.au" target="_blank">click here</a>.
 
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Brisbane's Teneriffe set for sleek new residential address by Pointcorp

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Almost 20 percent of office space in the $1.25 billion development by Cbus Property at 447 Collins Street Sydney has been taken.
International law firm King &amp; Wood Mallesons firm will lease 8300 square metres across levels 23 to 27, equating to approximately 20 percent of the development’s 49,000 square metres of NLA commercial space.
The dual tower project designed by SHoP architects and Woods Bagot will be connected by a sky-bridge is located on a unique 6000 square metre island site. 
The development will also feature 294 five-star hotel rooms, wellness centre and conferencing facilities, and residential apartments and is leased through Colliers International.
Colliers International national director of office leasing, Andrew Beasley, said demand for the development was already outperforming other projects in the CBD, with tenants keen to satisfy staff demand for amenity and wellbeing. 
"A desire to upgrade and relocate to new premises to avoid the disruptive nature of churning in their existing premises, was also driving enquiry," he said. 
“The interest received has already exceeded our expectations of the market. We anticipate being able to announce further details over the course of the next few weeks."
 
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Cbus Property announces first 447 tenant

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Crown Group has issued an update on their latest development project, the $395-million Waterfall by Crown Group, five kilometres from Sydney's CBD.
Located at O'Dea Avenue, Waterloo, it will feature four buildings, 331 apartments, vertical gardens and a rooftop infinity pool.
There is also going to be a seven storey water wall and a rainforest-inspired bamboo-covered walkway. 
<img src="https://www.urban.com.au/images/2016/07/18/unspecified.jpeg" alt="" width="687" height="911">
It is designed by architects SJB. Crown Group chief Iwan Sunito said it will create a green revolution in Sydney’s architecture.
“With Waterfall by Crown Group we set out to revolutionize the use of green space in residential developments; breaking away from tradition to cater for people looking for an escape from the hustle and bustle,” he said.
“It is everyone’s desire to find a place of escape; a place of tranquility. 
“Waterfall by Crown Group provides a sense of place, where people can feel both a connection with nature and the urban environment at once,” he added.
<img src="https://www.urban.com.au/images/2016/07/18/unspecified-1.jpeg" alt="">
International supermodel Paula Verhoeven is the face of the project, with construction set to begin next year and scheduled for completion in 2019. 
Waterfall by Crown Group will be released for sale at a grand launch in late-2016.
  For more information, <a href="https://www.waterfallbycrowngroup.com.au" target="_blank">click here</a>. 
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Waterfall by Crown Group at Waterloo unveiled

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Miranda in the Sutherland Shire has fresh DA-approved plans for a 66 residential apartment development.
Located at <a href="https://www.realcommercial.com.au/property-land+development-nsw-miranda-502032710" target="_blank">1-3 University Road, 668A, 668 and 670 Kingsway</a>, the 2872 sqm site will feature the residential building as well as two large town-home-style ground-floor apartments with garden terraces and upper floors with views over Cronulla.
The apartment mix is approved for 27 percent one bedroom apartments, 71 percent two bedroom and 2 percent three bedroom apartments.
The development site is expected to sell for more than $12 million.
Knight Frank agents Dominic Ong, Tim Holtsbaum, Andy Hu and Adam Bodon are managing the sale on behalf of a private family.
Head of Asian Markets Dominic Ong said it is likely to attract locally-based Asian developers. 
“We expect this premium, DA-approved site to appeal not only to a traditionally locally-dominated market, but also to attract the attention of astute developers in the wider Sydney market looking to capitalise on a core development opportunity with strong fundamentals," he said.
“The site is located close to Westfield Miranda, which recently underwent a $475 million redevelopment, and features large-scale retailers including Apple, Uniqlo, David Jones and Myer."
According to Knight Frank’s Director, Residential Site Sales, NSW Tim Holtsbaum,this is a sought-after location which will appeal to local developers and investors as well as local Asian investors. 
“Miranda and the Sutherland-Shire area is a well-established owner-occupier market," Tim said.
"The residential apartments will appeal to a broad range of local investors, including families and those seeking to downsize to large, two-bedroom apartment – a continuing trend.
“This is a rare opportunity to acquire a DA-approved site within such close proximity to infrastructure – there aren’t many opportunities such as this to buy in the area.
"A developer could be in the market selling the units fairly quickly, given the existing approvals." 
“There’s also a marketing suite onsite that can be utilised by an incoming developer to sell the units, which will be useful during the residential sales process."
 
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Sutherland Shire set for new 66 apartment development

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A joint project by Brookfield and Cbus Property, Classic East Melbourne, is set to restore the historic Clarendon Street Mosspennoch House into six prestige apartments.
Classic East Melbourne, located beside Pullman on the Park, is a collection of three unique residential buildings featuring 67 large-format apartment residences in total.
It will also add a new seven level building, 22 Clarendon, next to Mosspennoch, complete with 11 half-floor apartments and a full-floor penthouse with wrap-around balcony with 360 degree views. 
A new fourteen level building, Parade, on Wellington Parade, featuring 49 apartments, including two penthouses.
The development is Designed by Bates Smart, with heritage architect Lovell Chen overseeing the restoration of Mosspennoch.
Bates Smart Studio Director Steve Jones said they wanted to create a collection of residences that blends the requirements of contemporary lifestyle with the grand style of living that is synonymous with East Melbourne.
“As a landmark site it required a sophisticated architectural response that is as timeless as the suburb of East Melbourne itself, while incorporating stunning views to the surrounding Fitzroy Gardens and Yarra Park," he said.
"Outdoor living is integrated into the design with generous private resident gardens supplemented by individual terraces and balconies to each of the apartments."
Carl Schibrowski, head of development, Brookfield Property Partners in Australia, said the collection of residences were a unique proposition, not only for their location in tightly held East Melbourne, but also for their triple offering and sweeping views of the CBD, iconic MCG and surrounding suburbs. 
“This is an iconic parcel that commanded a special approach out of respect of the site’s heritage and location,” he said. 
“It is one of the most unique developments we have created and a project we are confident stands apart from anything else in the market. From the start we were very fixed on delivering a boutique offering in this suburb, which is known for its privacy and exclusivity. 
“We will also be investing significant capital into repositioning the Pullman on the Park arrival experience as well as food and beverage offering, delivering a completed precinct solution to this important East Melbourne location.” 
Cbus Property CEO, Adrian Pozzo said the partners were confident the market was strong and that the generously sized apartments would appeal to the ever-growing empty nester and upgrader markets. 
“Classic East Melbourne adds three luxury penthouses to the market and we know there is an appetite for these statement homes," he said.
"In 2008, 150 Clarendon set the benchmark with its $18.2 million penthouse sale, showing the market values these special properties.”
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Mosspennoch and 22 Clarendon will be linked via a large private garden.
Parade will feature a large resident’s garden on level four. 
The project marks the first joint venture for Brookfield and Cbus Property.
For more information, <a href="https://eastmelb.com.au" target="_blank">click here</a>.
 
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Cbus Property and Brookfield launch Classic East Melbourne project 

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The ‘AVA I’ development of 18 dwellings in Melbourne’s south-east growth corridor has won the Victorian Architecture Award for Residential Architecture (Multiple Housing).
The follow up release, ‘AVA II’, comprises ten townhouses and received the Award for Excellence in the category of Affordable Housing at last year’s Urban Development Institute of Australia Awards. It has been developed in conjunction with Wolfdene and architects SJB.
Wolfdene director Jon Aitchison said housing affordability remains a big issue in the Melbourne market, so our response was to deliver a quality medium density product that mixes design and function.
“From a design perspective, we wanted to bring the architectural quality identifiable with inner city developments to these new communities," he said.
“With blocks of land shrinking and housing density increasing, the challenge and opportunity was to provide more financially, socially and environmentally appealing homes. 
“Our belief is that affordable can still be aspirational, and our design team is constantly pushing themselves to remain ahead of the curve and set the standards for product being delivered in greenfield communities.”
Wolfdene’s latest completed development at Point Cook (above) features 44 two and three bedroom townhouses and is further evidence of their commitment to delivering design that positively contributes to the built environment.
For more information, <a href="https://www.wolfdene.com.au" target="_blank">click here.</a>
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Townhouse development scoops architecture awards

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Allure on Ludwick Cannon Hill is a development by Your Style Homes which is now almost sold out with just two apartments left.  
The apartments featured an oversized floor plan which is above the average apartment square meterage for a Brisbane one bedroom dwelling.
Managing director Dean Parker believes this offering has formed a large part of its success in a tough apartment market. 
The newly completed 58 Ludwick Street project by developers Your Style Homes has one-bedroom units featuring a combined internal and external floor space of 69 sqm including balcony or courtyard, significantly larger than Brisbane’s reported typical one bedroom apartment size of 52 sqm. 
Just two dwellings remain for sale in the 30-apartment complex after the project launched to market in late 2015 with prices starting from $325,000. 
The development is now attracting strong interest from younger renters who have begun to move in. 
Dean Parker said the apartments addressed all buyers’ wish lists in a suburb with a low suburb vacancy rate of just 1.22 per cent. 
“Our spacious, well-designed one bedroom apartments started at $325,000 - well below the $400,000 to $499,000 price point, considered the “sweet spot” for a one bedroom Brisbane apartment.  
 “These apartments offered two different colour schemes and a choice of a balcony or courtyard with secure car parking, providing a spacious and high quality offering residents. 
“We know buyers seeking one and two-bedroom stock are price-sensitive but also wish to purchase a dwelling that maximises value for money through a lower price coupled with strong potential yields. This value was recognised by buyers at Allure, and has now been passed on to renters who are now eager to move into the development,” Mr Parker said. 
The project sits less than 10 kilometres to Brisbane’s CBD and is placed 150 metres from the forthcoming $600m East Village precinct which is set to offer high quality retail and restaurant options from the designers of Brisbane’s Emporium.
Allure apartments are only a 550m walk to Cannon Hill’s Kmart Plaza. 
The two apartments remaining for sale include one one-bedroom apartment for $345,000 and one two-bedroom apartment for $465,000. Two bedroom apartments feature a combined internal and external area of 93 square metres.  
For more information, <a href="https://www.yourstylegroup.com.au/allure" target="_blank">click here</a>.
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Bigger one bedders secure sales success in Brisbane

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Multipart Property has purchased a DA approved site in Sydney's Rose Bay to develop for six luxury three bedroom units with prices ranging between $2.75 million and $3.5 million aimed at the downsizing market.
The total area of apartments start at 131 square metres increasing up to 490 square metres.
The development, Seaton Rose Bay, is spread across three levels at 687 New South Head Road, Rose Bay and features northerly views across Lyne Park to Sydney Harbour.
<img src="/images/2016/07/06/160608_687_NEW_SOUTH_HEAD_RD_V02_BACKYARD_R01jpg_620x380.jpg" alt="">
<div>Designed by architects MHN Design Union, the total area of apartments start at 131 square metres increasing up to 490 square metres.</div>
The marketing campaign begins August 2016 through agents Ray White and LJ Hooker of Double Bay.
For more information, <a href="https://www.seatonrosebay.com.au" target="_blank">click here</a>.
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