Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

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.

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

Rosebery

As one of Sydney's first planned suburbs, Rosebery was created to accommodate expansive industrial workplaces in 1911.

Despite the&nbsp;once working-class suburb experiencing a transformation of its industrial warehouses into food and beverage hubs which has drawn peoples attention to Rosebery, there's been little activity in the new and off the plan apartment space, with land for a new development difficult to procure.

Rosebery ticks a lot of boxes for buyers. Its proximity to the city, just six kilometres and several transport routes to accomodate that, is one of the major drawcards, as is the distance to the University of New South Wales, just the other side of Moore Park.

One of the most recent entrants to the new and off the plan apartment space in Rosebery is The Rothschild by renowned developer Deicorp.&nbsp;

[smartcode_project:default project_id=106843 project_image_fid=221673]

The Candelapas-designed apartment development is ideally located at 24 Rothschild Avenue, just six kilometres from Sydney’s city centre and within walking distance of the best Rosebery offers.&nbsp;

The Rothschild's design reflects the industrial heritage of Rosebery, but with European influences.&nbsp;The Rothschild is made with bricks, with the facade curtained by circular columns, arches, and cascading greenery.

Two eight-level buildings will home 176 apartments, multiple outdoor areas, a communal music room and a ground-level retail space.

[smartcode_project:default project_id=106843 project_image_fid=221666]

Residents can access the private landscaped rooftop gardens and the communal courtyard to relax, interact and play while enjoying quick access to the nearby Sweetacres Park.

With all the amenity options within The Rothschild, residents can enjoy the ground-level restaurant and café beneath the residential apartments. The East Village Shopping, Woolworths Metro Rosebery and Wholefoods House are all within walking distance of home for retail conveniences.

The Rothschild is just 550 metres from The Cannery, which really lit a spark under the suburb as a place to visit.

[smartcode_project:default project_id=106843 project_image_fid=221672]

Housed in a revived warehouse space, The Cannery brings together food, drinks and designer homewares, with vendors such as Three Blue Ducks, Koskela and Archie Rose Distilling Co featured in the building, while popular favourites like Messina, Pizza Da Mario and Grandma’s have also made a home for themselves in the burgeoning suburb.&nbsp;

The Rothschild is located just across the road from Sweetacres Park, a green outlook rarely found in an inner-city suburb.

Construction on The Rothschild is well underway, with completion slated for early 2025.

[smartcode_project_cta:default project_id=7016]

One of the most recent entrants to the new and off the plan apartment space in Rosebery is The Rothschild by renowned developer Deicorp

alisonwarters@gmail.com

How Rosebery turned from industrial warehouses to thriving foodie hub

Polo Collection, delivered by Meriton, is the third release within a brand new four-stage masterplanned community designed by an award-winning quartet of leading architectural firms.

The luxury resort-style development sits in Rosebery&rsquo;s vibrant heart, boasting a collection of unique low-rise towers tailored to display its considered architecture and interior design.

Each stage of &lsquo;The Gallery&rsquo; was individually designed by either SJB, Tribe Studio, DKO and Fox Johnston.

[smartcode_project:default project_id=7588 project_image_fid=72298]

Designed by SJB, Polo Collection comprises 270 luxury apartments across four buildings, set amongst tree-lined boulevards, and neighbouring the newly-created 5,683sqm Rosebery Park.

&ldquo;Polo Collection will feature contemporary landscape and architectural design elements which celebrate Rosebery&rsquo;s industrial history while enhancing the recreational needs of residents&rdquo;, said SJB Architects&rsquo; Nick Hatzi.

The buildings incorporate various materials including bricks, tiles, timber and steel mesh which pay homage to the industrial past of the suburb and interacts with the surrounds.

[smartcode_project:default project_id=7588 project_image_fid=72310]

One, two and three-bedroom apartments boast an innovative design, with large format tiles flowing throughout the open-plan living and dining areas, leading to a generous balcony, terrace or courtyard.

Bathrooms and ensuites feature clean, uncluttered lines, while neutral colour palettes deliver luxurious and inviting spa-like quality.

[smartcode_project:default project_id=7588 project_image_fid=72302]

Many apartments feature a study room with bedroom-sized proportions, complete with a window and air conditioning.

Other design features include limestone-look tiles for low maintenance style, spacious gourmet kitchens and an internal laundry with dryer and cabinetry.

Floor-to-ceiling glass windows maximise sunlight, accentuate the generous designs and add character to the fa&ccedil;ade, which also feature ribbons of herringbone tile that hint to wrapped candy boxes.

[smartcode_project:default project_id=7588 project_image_fid=72299]

Meriton&rsquo;s vibrant residential, retail and leisure hub combines some of the most luxurious and largest residences in the area with convenient shopping amenities including a Woolworths.

Other amenities include an onsite retail precinct, comprehensive security network, onsite childcare centre for over 80 children and a dedicated building manager&rsquo;s office.

Families will enjoy the finest recreational and parkland facilities including picnic lawns, play equipment, a barbeque pavilion and alfresco dining area.

[smartcode_project_cta: project_id=7588]

The luxury resort-style development sits in Rosebery’s vibrant heart, boasting a collection of unique low-rise towers tailored to display its considered architecture and interior design

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Design brief: Meriton’s Polo Collection brings a modern and distinctive style to Rosebery 

The Laneways is the newest address in Rosebery, on the fringe of the Sydney CBD.

Ellerson Property Group are developing the&nbsp;118 apartment project across four buildings&nbsp;designed by Arc Architects.

The Laneways draws its name from a leafy pedestrian pathway connecting Mentmore Avenue to Dunning Avenue.

Urban sat down with Ellerson Property Group directors Fayad and Remon Fayad to discuss The Laneways.

JR: Why did you choose Rosebery as your first inner Sydney project?

Rosebery is one of the secret gems of Sydney&rsquo;s inner city.&nbsp;It is strategically located between the beach and the CBD, has strong infrastructure centring around Green Square and a thriving caf&eacute; dining scene.&nbsp; The opening of Gunyama Aquatic Centre is also a major leisure drawcard for health and leisure activities.

[smartcode_project:default project_id=24323]

JR: How did you initially scope out the project?

The Laneways site was part of the former 12-hectare Sweetacre confectionary factory which gave the world such iconic lollies as Red Frogs, Jaffas and Minties.&nbsp; The opportunity to breathe new life into the site, to build a micro-community in Rosebery was too good to pass up.&nbsp; We reviewed the scale of surrounding residences and set about creating four buildings that would blend elegantly into the streetscape.

JR: What do you think buyers would love about Rosebery?

There is an inviting urban vibe to Rosebery that people find appealing.&nbsp; The suburb has its own dining precinct with Blackstar Pastry and The Cannery serving up some of the best cuisine and coffee in Sydney.&nbsp; It is also home to numerous fashion and design outlets which gives the area a creative design-driven look and feel. &nbsp;

The blending of old industrial architecture with pared back modern luxury sits really well.&nbsp; A strong design aesthetic can also be seen in the Green Square public library which entices readers of all ages. &nbsp;

Pets are very much part of the family in Rosebery, so there are pet boutiques, grooming salons and dog-friendly cafes popping up near the large dog park across the road from The Laneways.

<a href="/buildings/the-laneways-rosebery-33-37-mentmore-avenue-rosebery-nsw"><img alt="" height="671" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_laneways_rosebery_exterior.jpg" width="1200" /></a>

JR: What was the architectural brief?

To create a boutique development with great bones, that connected Mentmore Avenue and Dunning Avenue to promote walkability for residents and the wider community.&nbsp; Also maximising the use of the rooftop terraces.

We also introduced a tech element into the design with the inclusion of Wi-Fi device chargers integrated into the kitchen benches and the inclusion of electric car charging bays in the basement.

JR: What are you most looking forward to seeing when the project is finished?

There is always a sense of achievement when the team finishes a building.&nbsp;You have taken an idea and brought it into reality.&nbsp; The team feels a strong affinity for The Laneways; part of the community.

Something unique to The Laneways that we are particularly proud of, is our public art project Song of Frogs. In researching the site, we learned that as well as the famed Red Frog lolly connection, the area was once a wetland long ago with frogs inhabiting the area.

Armed with that knowledge, we commissioned some of Australia&rsquo;s most formidable design and arts talents to design a succession of five unique bronze frogs that will inhabit the gardens connecting Mentmore and Dunning Avenue.&nbsp; Gentle frog songs will be heard as people walk through The Laneways. &nbsp;

We cannot wait to see the work of Ross Shepherd at Site Image, Tim Phillips from Tilt design, sculptors Clive Calder and Chris Hauge at the Australian Bronze Foundry at North Head installed.&nbsp; We are also honoured to have exceptional artist Dennis Golding who is the Create NSW and Artspace Visual Arts Emerging Fellow for 2020 and award-winning indigenous contemporary art curator Tess Allas working on the design.

JR: Which buyer demographic do you think suits The Laneways and why?

We are getting great interest from owner occupiers that want the emotional connection of a new home in the inner city.&nbsp; The project has been priced to offer options for both First Home Buyers who are starting their home ownership journey and next home buyers. &nbsp;

<a href="/buildings/the-laneways-rosebery-33-37-mentmore-avenue-rosebery-nsw"><img alt="" height="672" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/laneways_rosebery_2.jpg" width="1200" /></a>

JR: Where have the buyers come from?

Many of our buyers are from inner Sydney and work in the CBD.&nbsp; Buyers committed to Rosebery have been watching construction take place and are buying into The Laneways.

We have also had buyers who have moved from locations such as the Hills and rented locally to get a feel for the area before deciding to buy in Rosebery.

JR: Any plans for your next development?

We are looking at Croydon Park for our next venture.&nbsp; Again, a great location with its own unique character.

Ellerson Property Group are developing The Laneways, a 118 apartment project across four buildings designed by Arc Architects

Why Rosebery is Sydney's hidden gem: Urban chats with Ellerson Property Group directors Fayad and Remon Fayad

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Astute property investors are recognising the potential of the City of Sydney, with its numerous amenities, leading universities and great employment opportunities.

New apartments with modern designs, developed close to the CBD, are drawing quality tenants.

Throughout the inner-city council region, each suburb boasts its own unique character and identity, from period properties, art deco to modern industrial.

Ever-strengthening infrastructure in the area includes the soon-to-be-completed Sydney Metro City and South-West, which will result in trains running every two minutes.

According to SQM Research, gross rental yields for all units currently sits at 3.5 per cent, the best performing rental type in the area.

For those who wish to capitalise on great cafés and restaurant, and good transport, the Sydney Council might be the ideal new LGA to call home.

Urban takes a look at four new apartments located within the council area, starting from $592,800.

1. Castle Residences, Sydney 
Address: 203 Castlereagh Street, Sydney NSW 2000 
One-bedroom apartments from $1,230,000

[smartcode_project:default project_id=7758]

Developed by United Development Sydney, the highly anticipated Castle Residences is set to offer 131 apartments just off Hyde Park.

The project merges high-end apartments with five-star luxury hotel services and amenities, with construction including the refurbishment of the 142-year-old heritage-listed Porter House building.

The mixed-use development is being designed by Candalepas Associates, with amenities including luxurious dining areas, private dining spaces and in-residence catering. Manhattan-style apartments overlook Australia’s oldest park and timeless sculptural alcoves and arches bring together historical and contemporary architecture.

2. The Laneways, Rosebery 
Address: 33-37 Mentmore Avenue, Rosebery NSW 2018 
One-bedroom apartments from $592,800

[smartcode_project:default project_id=24323]

The Laneways, a collection of four five-storey apartment buildings is Rosebery’s “exciting new address.”

Delivered by Ellerson Property, the project will offer private balconies, green courtyards and a rooftop terrace to socialise with friends and neighbours while enjoying the panoramic city vistas.

Located in one of Sydney’s coolest neighbourhoods, homebuyers will appreciate the project’s entertainers’ kitchen, floor-to-ceiling windows and soft-close cabinetry.

3. Park Sydney, Erskineville 
Address: 149-163 Mitchell Road, Erskineville NSW 2043 
Two-bedroom apartments from $1,159,000

[smartcode_project:default project_id=5811]

As the most significant new development in Sydney, Park Sydney is an exciting opportunity for investors and will create a new local for Erskineville.

Delivered by GH Australia, the project is set over 6.9-hectares, centred around a 7,400sqm park.

The project’s first buildings are named after two of Australia’s national parks, Botany and Cascade, and are designed by WMK Architecture.

Spread across nine buildings, ranging between two and eight stories, the apartments will deliver spacious and light-filled residences.

The precinct will include barbeque facilities, amphitheatres, walkways and cycleways into the city.

4. Eminence, Zetland 
Address: 811 Elizabeth Street, Zetland NSW 2017 
One-bedroom apartments from $745,000

[smartcode_project:default project_id=21882]

Offering a remarkable boutique trio of buildings, Mirvac’s 254-apartment Eminence project commands four street frontages between Green Square and the CBD.

The development offers onsite retail, 1,840 sqm of lush podium gardens and a 75-place childcare centre.

Designed by DKO Architecture, the property showcases high-quality finishes and fixtures, and carefully curated residences.

Some apartments include their own private rooftop terraces and others with uninterrupted CBD and Botany Bay views.

The adjacent Gunyama Park Aquatic and Recreation Centre includes beach-inspired pools, open-air training facilities and playgrounds.
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New apartments with modern designs, developed close to the CBD, are drawing quality tenants

Four new apartments in the City of Sydney from $592,800 

The Laneways is&nbsp;the newest address is Sydney&#39;s inner-city suburb of Rosebery.

Made up of four buildings comprising&nbsp;118 apartments designed by Arc Architects, The Laneways draws its name from a leafy pedestrian pathway connecting Mentmore Avenue to Dunning Avenue.

Ideally located and due for completion in the coming months, Urban has taken a look at five things buyers should know about The Laneways.

[smartcode_project:default project_id=24323]

<h2>1. The Developer</h2>

The Laneways Rosebery is the work of Ellerson Property, Australia&rsquo;s first property development agency.&nbsp;

Founded by property industry veterans Fayad Fayad and Remon Fayad, Ellerson Property aims to bring the great Australian urban lifestyle to apartment living with accessible precincts designed for real people.

<h2>2. The Location&nbsp;</h2>

The Laneways is in the heart of Sydney&#39;s up-and-coming inner-city suburb Rosebery, six kilometres south of the Sydney CBD.

<a href="/buildings/the-laneways-rosebery-33-37-mentmore-avenue-rosebery-nsw"><img alt="" height="1009" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_laneways_2.jpg" width="1200" /></a>

It&#39;s located on Mentmore Avenue, the same strip as the suburb&#39;s biggest drawcard, The Cannery, an 11,000 sqm dining, retail and cafe precinct.&nbsp;

The Cannery homes over 40 commercial spaces, including the&nbsp;likes of the dining institution&nbsp;Three Blue Ducks and&nbsp;the popular&nbsp;gin distiller Archie Rose, as well as a number of cafes, gyms, hair salons and cooking schools.

It&#39;s a few hundred metres to the closest Woolworths Metro, The Australian Golf Club is up the road and it&#39;s just a short walk to the Green Square train station which has a direct line to the City and the Sydney Airport.

<h2>3. The Roof</h2>

Each building in The Laneways is crowned with its own sky garden&nbsp;with views across the CBD skyline.

The rooftops feature their own dining and barbecue facilities as well as lush landscaping.

<a href="/buildings/the-laneways-rosebery-33-37-mentmore-avenue-rosebery-nsw"><img alt="" height="698" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/laneways_rosebery_roof_2.jpg" width="1600" /></a>

<h2>4. The Apartments</h2>

The Laneways has one, two and three bedroom apartments with open plan layouts and ceilings as high as three metres.

Designed by Arc Architects, each apartment with timber floor throughout features a&nbsp;kitchen with&nbsp;stone benchtops and stainless steel Smeg appliances.

<a href="/buildings/the-laneways-rosebery-33-37-mentmore-avenue-rosebery-nsw"><img alt="" height="1061" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_laneways_rosebery_4.jpg" width="1600" /></a>

The bathrooms are contemporary, each with a bath tub and floor-to-ceiling ceramic tiles.

Arc Architects have worked on a number of luxury houses in Sydney&#39;s Palm Beach, as well as multi-residential projects including Metro in the nearby Alexandria and Allen Street in Waterloo.

<h2>5. The Price</h2>

One bedroom apartments in The Laneways start from $592,800, well under Sydney&#39;s median apartment price according to CoreLogic of&nbsp;$738,254.

Two bedroom apartments with two bathrooms start from $980,000, and three bedroom apartments from $1.25 million.

&nbsp;

&nbsp;

The Laneways is in the heart of Sydney's up-and-coming inner-city suburb Rosebery, six kilometres south of the Sydney CBD.

Five things we love about The Laneways in Sydney's Rosebery

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With apartments in student markets more affordable than ever, due to retreating investor interest, now may be the time to secure a home that could be a strong performing long-term investment.

The University of New South Wales (UNSW), one of the top universities in Australia, has a student population of 65,000 and is located in Sydney’s south-eastern suburb of Kensington.

Urban takes a look at five apartments perfect for students nearby UNSW, ideal for scholars and academics, high-income postgraduates and investors.

1. The Laneways, Rosebery 
Address: 33-37 Mentmore Avenue, Rosebery NSW 2018 
One-bedroom apartments from $592,800

[smartcode_project:default project_id=24323]

Just 2.6 kilometres from UNSW, Ellerson Property’s the Laneways provides inner-city living with luxury features and architectural design.

Located within close proximity to Green Square transport hub and approximately six kilometres from the Sydney CBD, the home provides great investment options with potential homebuyers including mobile professionals, creatives and families.

The chic home includes residents-only car charging bays, a rooftop garden terrace and district views. 
 

2. Orchid, Eastgardens 
Address: 9 Oscar Place, Eastgardens NSW 2036 
One-bedroom apartments from $695,000

[smartcode_project:default project_id=29389]

Farther from the university but still enjoying convenience for students and academics, Orchid is part of Meriton’s latest development.

The final first stage offering in the masterplanned Pagewood Green, Orchid boasts 256 oversized apartments across four buildings.

Just 3.1 kilometres from UNSW’s Kensington campus, Maroubra Beach and the Sydney CBD, this development provides a residential oasis.

Designed by PTW, the community includes podium gardens, a retail precinct and outdoor entertaining spaces. 
 

3. Eminence, Zetland 
Address: 811 Elizabeth Street, Zetland NSW 2017 
One-bedroom apartments from $745,000

[smartcode_project:default project_id=21882]

Offering a remarkable boutique trio of buildings, commanding four street frontages between Green Square and the CBD, Eminence meets the criteria of a strong investment property.

Including onsite retail, 1,840 sqm of lush podium gardens and a 75-place childcare centre, Eminence brings all the necessary amenities to your doorstep.

Delivered by Meriton and designed by DKO Architecture, the property also offers pools, open-air training facilities and playgrounds. 
 

4. Pagewood Green, Eastgardens 
Address: 130-150 Bunnerong Road, Eastgardens NSW 2036 
Two-bedroom apartments from $815,000

[smartcode_project:default project_id=13861]

The multi-staged masterplan development, Pagewood Green, provides diverse layouts for the lifestyle of any homebuyer.

Positioned opposite an upcoming 8,000 sqm park and neighbouring Westfield Eastgardens, the convenient home delivers exceptional amenity within walking distance and is just 17 minutes from UNSW by bus. 
 

5. Polo Collection, Rosebery 
Address: 55 Rothschild Avenue, Rosebery NSW 2018 
One-bedroom apartments from $710,000

[smartcode_project:default project_id=7588]

Set amongst tree-lined streets and only 2.4 kilometres from the Kensington campus, Polo Collection pays homage to Rosebery’s industrial past while providing residents with a residence of the future.

Developed by Meriton, the project connects residents to the Sydney CBD, Green Square and the harbour as one of the city’s most connected inner-city suburbs.

Designed by SJB, the homes boast a modern and distinctive style, with floor-to-ceiling glass, expansive floorplans and views over Sweetacres Park.  
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With apartments in student markets more affordable than ever, due to retreating investor interest, now may be the time to secure a home that could be a strong performing long-term investment

Five apartments under $900k close to UNSW in Sydney's Kensington

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Acting agent Mark Morrissey and wife Lizzi Dayney have listed their mixed-use Rosebery warehouse.
For the last decade the property has been the HQ of Morrissey Management, which has represented the likes of the Hemsworth brothers, TV presenter Jonathan Lapaglia and radio star Kate Ritchie.
The couple paid $1.35 million for the Princess Avenue building in 2008.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/11/2/Morrissey1.jpg" alt="">
The conversion with sky-lit interiors, exposed beams and oversized barn doors has four bedrooms above the lower level commercial space.
The listing through BresicWhitney Darlinghurst agents Ivan Bresic and Julian Barta comes with the option of a two year leaseback to the current owners.
They have a $2.75 million guide for its December 1 auction. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/11/2/morrissey2.jpg" alt="">
Morrissey and Dayney are relocating to their Whale Beach property now their children have grown up.
They paid $2.3 million for the four bedroom home in 2015.
This article was first published in the Sunday Telegraph. 
 
 
 
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Acting agent Mark Morrissey lists Rosebery warehouse

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An original two-bedroom Rosebery home secretly snapped up by Channel Seven last September for $1.25 million, has returned to the market as new home for auction this weekend.
It’s with a guide of $1.6 million through Purplebricks.
The transformation will be aired in the upcoming season of Channel Seven’s hit television show House Rules, the reality show hosted by Johanna Griggs. 
News Local's Southern Courier noted that the Rosebery neighbours began to speculate when they noticed a house at 54 Tramway Street was knocked down and rebuilt in the record time of just seven days. 
Below is the former home, which <a href="https://www.realestate.com.au/sold/property-house-nsw-rosebery-126269874" target="_blank">sold in September.</a>
<div class="wp-caption">
<img class="size-full wp-image-294747" src="https://www.realestate.com.au/blog/images/1600x1600-fit,progressive/2018/03/12000002/capi_44b2abb8db8cf0ad7cdac801ed7a14b1_ad5c8ca5e82165f47e65565cb0dbd0ad.jpeg" alt="54 Tramway Street Rosebery" data-capiid="ad5c8ca5e82165f47e65565cb0dbd0ad">The new home is a <a href="https://www.realestate.com.au/property-house-nsw-rosebery-127624758" title="www.realestate.com.au">two-storey, four-bedroom, two-bathroom</a>, ultra-modern sanctuary. 
</div>
The new dual level residence offers open-plan living, dining and kitchen and a spacious outdoor entertainment area.
<div id="celtra_holder_news">The kitchen has the latest designer appliances.</div>
<div> </div>
<div>The listing agent Dean Emerson says it presents a creative fusion of subtle warehouse-inspired industrial chic, natural finishes and up-to-the-minute designer style.
</div>
<div>It is being sold fully furnished.</div>
<div> </div>
<div>There have been three development applications for the project totalling $350,000 according to CoreLogic. </div>
<div> </div>
<div>Season six of the series was officially confirmed last October.</div>
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Secret House Rules Rosebery auction

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Gold Coast Titan and NSW Origin star Nathan Peats has sold his Rosebery investment apartment, a fortnight after its auction.
The two bedroom apartment had been an investment for Peats since he moved from the Gold Coast from the Eels.
It sold for $915,000.
The hooker paid $595,000 for the two bedroom apartment in 2012 during his two year stint at South Sydney Rabbitohs where he started his career.
His former Souths team mate turned NG Farah Real Estate agent Beau Champion sold the unit.
The apartment near Green Square was leased at $670 a week once Peats signed with the Titans in 2014.
A sign of the Sydney rental market saw the rental drop to $650 a week when seeking a tenant a year later.
The unit features a large private tiled courtyard off the open plan living area.
In 2014 Peats left the Eels for the Gold Coast in 2014 following the much publicised salary cap breach.
His property portfolio's most recent addition was when he paid $518,000 for a three bedroom timber home in Lota outside of Brisbane last year. 
He retains a three bedroom Central Coast home in Wyoming that cost $420,000 in 2015. 
Peat's Titans finished 15th on the ladder this season. He will spend the off-season in rehabilition after undergoing shoulder reconstruction surgery at the end of August. 
This article first appeared in the Sunday Telegraph.
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NSW Origin star Nathan Peats sells Rosebery investment

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The fearless NSW Origin debutant Nathan Peats is selling his Sydney investment pad. 
The Gold Coast Titan has decided to list redundant Rosebery investment unit.
Amassing 53 tackles in a memorable performance, Peats, who covered 8.1 kilometres in the mid-week game, the most ground ever recorded in Origin, paid $595,000 in 2012 for the two bedroom, two bathroom apartment.
It was during his two year stint with South Sydney where he started his career.
The apartment near Green Square has been listed by new NG Farah real estate recruit agent Beau Champion, who is a former Rabbitohs team mate.
The pair both played at the Bunnies together for a brief period before Peats moved to the Eels.
Peats initially put the apartment as a $670 a week rental once he signed with the Titans in 2014.
Its 2015 tenancy was sought at around $650 a week for the apartment with an open plan living area that opens to a large tiled private courtyard.
Peats left the Eels for the Gold Coast in 2014 following the much publicised salary cap breach.
His property portfolio's most recent addition was when he paid $518,000 for a three bedroom timber home in Lota (pictured below) outside of Brisbane last year.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/04/01/lot-two.jpg" alt="">
It was advertised as having potential for developers due to its 800 square metre parcel.
Peats retains a three bedroom Central Coast home in Wyoming (pictured below) that cost $420,000 in 2015.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/04/01/lot-three.jpg" alt="">
Last month the Daily Telegraph reported that Parramatta chief executive Bernie Gurr said he will consider luring Peats back to the club.
His former teammates Beau Champion recently joined the N G Farah sales team having played over 100 first-grade games for South Sydney Rabbitohs.
Even as an accomplished professional footballer, Beau was always passionate about property especially around the south eastern suburbs of Sydney which Beau considered his backyard.  
This article first appeared in The Sunday Telegraph.
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