Homecorp has secured approval for a $360 million apartment development at Budds Beach, paving the way for one of the Gold Coast's most amenity-rich residential projects to launch later this year.

Gold Coast City Council has approved Lýon Residences, a 32-level tower that will deliver 178 two and three-bedroom apartments across a prominent corner site at 8-10 Acacia Avenue and 25-27 Oak Avenue.

The approval comes as developers continue to invest in premium lifestyle-driven apartment projects on the Gold Coast, where owner occupiers are increasingly prioritising amenity as much as apartment size and location.

<a href="https://www.apartments.com.au/new-apartments/l-on-residences-25-27-oak-avenue-surfers-paradise-qld-4217">Lýon Residences</a> has been designed around a resort-style wellness offering, headlined by a Moroccan-inspired spa precinct featuring treatment rooms, a Nordic sauna and steam room, hot and cold plunge pools, a soaking pool and a residents-only juice bar.

The rooftop will include a heated infinity pool and spa, residents' lounge with private kitchen and bar, gymnasium, yoga and Pilates studio, outdoor entertaining areas and barbecue facilities overlooking the Surfers Paradise skyline.

<img alt="Lyon" data-entity-type="file" data-entity-uuid="2d3e29af-8793-486e-a684-52cef862241f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-15%20at%204.32.26%E2%80%AFPM.png?VersionId=ayG2zpLf3SS6Zy8XmKDcQods4kVWb0gm" />

Homecorp Founder and CEO Ron Bakir said Budds Beach provided the ideal location for the company's latest luxury apartment project.

"Budds Beach represents one of the most unique and sought-after pockets of the Gold Coast, and Lýon Residences has been designed to reflect that sense of rarity and refinement," Bakir said.

The project arrives as wellness continues to become a defining feature of new residential developments both in Australia and internationally.

The latest Global Wellness Institute figures show wellness real estate remains the fastest-growing segment of the global wellness economy and is forecast to exceed $1.8 trillion by 2030. Australia continues to rank among the world's 15 largest wellness real estate markets, with developers increasingly integrating health, recreation and community facilities into apartment projects.

Queensland is also experiencing strong population growth, with the Gold Coast continuing to outperform many other Australian cities as demand for new housing remains elevated ahead of the 2032 Olympic and Paralympic Games.

Bakir said the project had been designed to respond to that shift in buyer expectations.

"Strong population growth and sustained demand across the Gold Coast continue to highlight the need for well-designed new housing supply. Lýon Residences responds directly to this demand while setting a new benchmark for residential living," he said.

Each apartment has been designed to maximise views across the coastline, the Nerang River and the Gold Coast hinterland.

Located just minutes from Surfers Paradise beach and the Broadwater, the development also offers easy access to the light rail network, Broadbeach and Burleigh Heads.

Early site works are underway, with construction expected to commence later this year.

Joel Robinson

Homecorp approved for Budds Beach apartment tower, Lýon Residences

New apartment developments with uninterrupted, north-facing views over Perth's Swan River are exceptionally rare.

Recognising just how limited those opportunities are, <a href="https://www.apartments.com.au/developers/edge-visionary-living">Edge Visionary Living</a>, one of Perth's most respected builder-developers, targeted <a href="https://www.apartments.com.au/developments/applecross-wa-6153">Applecross</a>, assembling an unrepeatable 6,342 sqm riverfront site on the corner of Moreau Mews and Canning Beach Road to create one of Perth's only new north-facing apartment developments directly overlooking the Swan River.

Today, <a href="https://www.apartments.com.au/buildings/riviere-residences-applecross-59-canning-beach-road-applecross-wa-6153">Rivière Residences</a> offers buyers a unique opportunity to choose between completed residences ready to move into now and off-the-plan homes in the final stage, Rivière West.

[smartcode_project:default project_id=28384 project_image_fid=3823]

Across the completed East and Central buildings, residents are already enjoying the development's luxury amenity, while two of the precinct's hospitality venues are now open.

The completed component of the development gives buyers the advantage of experiencing the finished product firsthand, including its uninterrupted river views, while still having the opportunity to secure a residence in the final stage.

"People are wowed by the view and the quality of the apartments,"&nbsp;Edge Visionary Living Sales Executive, Holly McSweeney, says.

"They're looking for the convenience of lock-and-leave living, but they're not looking to downsize on quality."

[smartcode_project:default project_id=28384 project_image_fid=3826]

The rarity of the development hasn't been lost on prospective buyers, McSweeney says.

For McSweeney, it all comes back to a location that is becoming increasingly difficult to replicate.

"Location, location, location," she says. "We are nestled right on the front of the Swan River. You can never get built out, so wherever you are in Rivière Residences, you've got views of the river forever."

The unique waterfront position has resonated particularly strongly with local downsizers. McSweeney says many buyers are long-time Applecross residents looking to transition from large family homes into a luxury apartment without sacrificing space, quality or the lifestyle they've enjoyed for decades.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/N_FowNW0wu8?si=vb25XFq1wZ-iufAW" title="YouTube video player" width="560"></iframe>

A major focus for Edge in recent years has been resident amenity. Across its apartment portfolio, from beachfront developments in Scarborough to luxury towers in South Perth, the developer has increasingly invested in the spaces beyond the apartment itself.

The strategy has largely been shaped by downsizer demand. Many buyers are moving from large family homes with swimming pools and established gardens. While they're looking to leave the maintenance behind, they don't want to compromise on lifestyle.

At Rivière, <a href="https://www.apartments.com.au/architects/hillam-architects">Hillam Architects</a> designed the resident facilities as an extension of each apartment. A 25-metre heated swimming pool takes advantage of the north-facing river outlook, complemented by a large gym, sauna and steam rooms, private dining spaces, residents' lounges, a cinema, games room, and dedicated wine and whisky rooms.

[smartcode_project:default project_id=28384 project_image_fid=372542]

The waterfront location has also proved to be a major drawcard. Residents are within walking distance of the Raffles Hotel, South of Perth Yacht Club, the Heathcote Cultural Precinct and the cafés, restaurants and boutiques along Ardross Street.

Beyond the location and amenity, McSweeney says many buyers take confidence from Edge's fully integrated development model.

Having delivered apartments across Perth for decades, Edge now designs, develops and constructs its projects in-house, giving the company greater control over quality, delivery and the finished product.

"What I love is when people walk through their apartment for the first time and say, 'This is better than what we imagined,'" McSweeney says. "We hear that all the time."

Completed apartments in the East and Central buildings are now available to inspect by appointment, while Rivière West, the final stage of the precinct, is expected to be completed in the first quarter of 2027.

[smartcode_project_cta:default project_id=28384]

North-facing Swan River views drive demand at Rivière Residences in Applecross

Nearly 60 per cent of apartments at McNab Group's $220 million The Tannery development in Brisbane's West End have sold ahead of the project's public launch, including a suburb-record $2.57 million sale for a two-bedroom apartment.

The early sales campaign has secured buyers for 50 of the project's 87 apartments, highlighting continued demand for larger owner-occupier apartments that combine generous floorplans with premium lifestyle amenities in one of Brisbane's most tightly held inner-city suburbs.

[smartcode_project:default project_id=143337 project_image_fid=374768]

McNab Group Executive Chairman Michael McNab said selling more than half the project before launch reflected changing buyer expectations.

"Selling more than half the project before public sales open tells us buyers are actively seeking apartments that offer something genuinely different," McNab said.

"Today's buyers are looking beyond four walls. They want homes that genuinely enhance the way they live, with spaces that support health, connection and everyday wellbeing."

[smartcode_project:default project_id=143337 project_image_fid=374767]

A key point of difference for the project is the adaptive reuse of the heritage-listed Dixon's Tannery building, which will become The Retreat, a residents-only wellness precinct rather than being redeveloped into additional apartments.

The Retreat will feature a sauna and steam room, hot and cold plunge pools, a commercial-grade gym, Pilates studio, cinema, library, co-working spaces and private dining room. Rooftop amenities will include a swimming pool, landscaped gardens, outdoor entertaining areas and dog-friendly spaces.

[smartcode_project:default project_id=143337 project_image_fid=374760]

Designed by Cottee Parker Architects with interiors by Tom Mark Henry and landscape architecture by Aspect Studios, The Tannery comprises 87 two, three and four-bedroom apartments across 11 levels overlooking the Brisbane River.

Cottee Parker principal Dee Passenger said preserving the original tannery building had been central to the project's design.

"The easy option would have been to maximise the site's development potential with additional apartments. Instead, McNab has chosen to preserve the original tannery as a shared wellness retreat, ensuring this important piece of Brisbane's history remains at the heart of the community."

Passenger said sustainability also played a key role in the design, with materials from the original industrial site salvaged and repurposed throughout the development.

[smartcode_project:default project_id=143337 project_image_fid=374761]

Motiv CEO Carly Cottam said buyers had responded strongly to the combination of larger apartments, wellness facilities and the West End lifestyle.

"We are seeing more buyers looking for homes in the sky that provide the space and functionality of a traditional home, while benefiting from the convenience and lifestyle that apartment living brings," Cottam said.

She said purchasers included both owner occupiers and investors, with demand coming from local buyers as well as interstate purchasers.

Coinciding with the public launch, McNab also announced a partnership with Queensland Ballet, whose neighbouring Thomas Dixon Centre shares historical ties with the original Dixon family.

Located on a 4,465 sqm site at 439 Montague Road, The Tannery overlooks the Brisbane River and is around 10 minutes from the CBD.

Construction is underway, with completion expected in the second half of 2027.

[smartcode_project_cta:default project_id=143337]

More than half of residences sold before public sales as McNab announces significant partnership with Queensland Ballet

McNab's The Tannery nears 60 per cent sold before public release, sets two-bedroom West End record

Iwan Sunito's vision for a landmark mixed-use precinct in Sydney's Inner West has taken a major step forward, with approval granted for the $1.9 billion Five Dock development first unveiled earlier this year.

The approved scheme by <a href="https://www.apartments.com.au/developers/one-global-capital">One Global Capital</a> will deliver an 80,500 sqm mixed-use precinct comprising 840 apartments, integrated hotel accommodation, commercial and retail space, alongside publicly accessible open space designed to create a new destination for the growing suburb.

"This is a significant milestone for One Global Capital and for the future of housing delivery in Sydney," Sunito said.

"The Housing Delivery Authority was established to identify major housing projects capable of delivering meaningful supply more efficiently, and we are delighted that Spencer Street has been recognised as one of those projects.”

He said the declaration reflected the rapid progress achieved since acquiring control of the site.

"In less than seven months we have progressed from taking control of the site to securing entry into one of the NSW Government's most important planning pathways. It reflects the experience of our team, the strength of our consultant group led by Urbis, and our long-term commitment to delivering transformational projects that contribute to Sydney's future."

When the project was revealed earlier this year, Sunito described the opportunity as one of the strongest development sites he had worked on.

"I probably hadn't appreciated the uniqueness of the site until more recently when putting together the concept plans," Sunito said.

"The proximity to the water, and the golf course opposite, is unlike any other part of Parramatta Road. We have a unique position and view corridors over the water that makes this one of the best sites I've worked on."

The development has evolved since its initial announcement, with the approved plans increasing the residential component from the originally proposed 750 apartments to 840 homes while retaining the project's focus on creating an integrated neighbourhood rather than a standalone residential development.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/a-city-within-a-city-iwan-sunito-flags-1-5-billion-mixed-use-precinct-in-five-dock">"A city within a city": Iwan Sunito flags $1.5 billion mixed-use precinct in Five Dock</a>

The precinct will combine apartments with hotel accommodation, commercial workplaces, retail offerings and public spaces, creating a mixed-use environment intended to serve both residents and the broader Five Dock community. The proposal also continues the collaboration between One Global Capital and internationally recognised architect <a href="https://www.apartments.com.au/architects/koichi-takada-architects">Koichi Takada</a>, whose previous work with Sunito includes Infinity, Arc and Skye North Sydney.

Takada previously said the design was driven by a philosophy of integrating nature into the built environment.

"The concept for this development is born from our design approach to naturalising architecture," Takada said.

"The public realm benefits from biophilic design that integrates generous landscaping, and the development is optimised for natural daylight, airflow and water views to foster wellbeing, sustainability and spaces that foster community interaction."

Sunito has consistently described the project as a "city within a city", with a strong emphasis on creating a destination that extends beyond housing.

"We want to create a development that's not only to be seen, but to be experienced by the whole local community," he said.

The approval comes as Five Dock continues its transformation ahead of the opening of the Sydney Metro West line, with the new Five Dock station set to significantly improve connections between the Inner West, Parramatta and the Sydney CBD.&nbsp;

The precinct will also benefit from its proximity to the Parramatta Road corridor, nearby waterfront parklands and established retail and dining offerings that have made Five Dock one of Sydney's most tightly held Inner West suburbs.

Iwan Sunito secures approval for $1.9 billion Five Dock mixed-use precinct

The new <a href="https://www.apartments.com.au/new-apartments/yarraville-green-42-stephen-street-yarraville-vic-3013">Yarraville Green</a> development in Melbourne's inner west is showing that landscaping can be just as influential as architecture, with buyers responding strongly to the garden-first approach adopted from the outset by developer Excelon Projects and the project's design team.

Excelon appointed Six Degrees Architects and landscape architects SBLA to work collaboratively on the development, with a brief to create "a sustainable, design-led building with a focus on community."

That approach has resonated with buyers. According to Next Chapter Director Tom Hirini, who is leading the sales campaign, the landscaped communal garden has become one of the project's defining features, alongside its boutique scale and European-inspired cluster housing concept.

Local downsizers, right-sizers and established families already living in Yarraville and surrounding suburbs have accounted for the majority of purchasers.

[smartcode_project:default project_id=144913 project_image_fid=297740]

Yarraville Green will comprise 53 homes, including apartments and townhomes, arranged around the shared central garden to maximise connections to the landscaped open space. Parking has been moved underground, allowing the ground plane to be dedicated to greenery, pedestrian movement and communal spaces.

The landscape extends well beyond passive planting. Productive garden beds, a pergola, communal gathering spaces, garden sheds and a pet wash have all been integrated into the masterplan, creating spaces designed to encourage everyday interaction between residents.

[smartcode_project:default project_id=144913 project_image_fid=297741]

The interiors continue Excelon's focus on craftsmanship, incorporating bespoke elements by Melbourne artisans including leadlight detailing by Adadaz, hand-turned timber hardware by Auburn Woodturning and blown-glass lighting by Ruth Allen.

Sustainability has also been embedded throughout the project, with Yarraville Green targeting an average 7-star NatHERS energy rating through passive design principles, rooftop solar servicing common areas and rainwater harvesting for landscape irrigation.

[smartcode_project:default project_id=144913 project_image_fid=297735]

Construction continues to progress at Yarraville Green, with structural works well underway and framing works approaching completion under builder Balmain &amp; Co. The project remains on track for completion in mid-2027.

Apartments at Yarraville Green are currently priced from $625,000, while townhomes start from $1.4 million.

[smartcode_project_cta:default project_id=144913]

Garden-led design drives buyer demand at Yarraville Green

South Morang

South Morang is set to welcome a new residential development that promises modern living in a convenient location.

Trilogy Place, designed by renowned architects Rothelowman, presents a collection of contemporary townhomes that cater to various homebuyers' needs, with a selection of two, three and four-bedroom residences.

The townhomes at Trilogy Place have been thoughtfully designed to maximise natural light and provide stunning views of the nearby parklands. Spread across two or three levels, the residences showcase a modern functional design that exudes sophistication and practicality.

[smartcode_project:default project_id=29388 project_image_fid=95085]

Each home is built to a 6-star energy rating, ensuring energy efficiency and reducing environmental impact. Furthermore, residents have the freedom to customise their homes with optional upgrades and a choice of two coloue schemes.

Trilogy Place offers the option to include a solar and battery storage system in the homes, which, by incorporating a 5kW solar panel and a 10kWh battery storage system, will significantly reduce a households annual energy bills and contribute to a greener future by mitigating home-produced carbon emissions.

Situated a mere 25 kilometres from Melbourne's bustling CBD, the friendly village offers easy access to a range of amenities.

Residents will find themselves within walking distance of the Westfield Plenty Valley Shopping Centre, providing a myriad of shopping and dining options.

[smartcode_project:default project_id=29388 project_image_fid=95086]

The location is also in proximity to local schools, including Morang South Primary School, Mill Park Secondary College, Marymede, and Parade Catholic Colleges, as well as RMIT and La Trobe University.

For commuters, Trilogy Place is perfectly situated within walking distance to the South Morang Train Station, allowing for effortless travel to the city and beyond.

The development also offers easy access to major road links, making it a convenient base for those who prefer to drive. Additionally, local supermarkets, buses, walking and bike paths, playgrounds, and a nearby childcare centre contribute to the overall convenience and family-friendly nature of the area.

[smartcode_project_cta:default project_id=29388]

Trilogy Place offers the option to include a solar and battery storage system in the homes, which will significantly reduce a households annual energy bills

alisonwarters@gmail.com

Customisation and convenience: Trilogy Place delivers modern townhomes to South Morang

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The Melbourne estate agency Gray Johnson are offering a Mill Park development site near South Morang. The 9,908 sqm holding is vacant.

Offers close on the 18 Development Boulevard offering on 24 March with a price expectation in the high $4 millions.

The property has been recently rezoned as Residential Growth Zone – Schedule One which affords permission to build to a height of four storeys or 13.5 metres.

Gray Johnson director Matt Hoath says that the property would suit an apartment project.

“This property has been in multi-generational family ownership long term and the local council rezoned it as they favoured a high density residential project, rather than a commercial project, on the site which is adjoined on one side by parkland” Mr Hoath advises.

It is close to the Rivergum Shopping Centre.

The area is also well served for public transport including the Metro Rail extension to the north.
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The property has been in multi-generational family ownership with the local council rezoning it for a high density residential project

jchancellor

Mill Park apartment development site listed

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From the stunning parkland views to the solar power integration, Trilogy Place in Whittlesea offers the home you've been searching for.

<figure><a class="colorbox colorbox-insert-image" href="/new-apartments/trilogy-place-360-mcdonalds-road-south-morang?utm_source=sms&amp;utm_medium=sms" rel="gallery-all"><img alt="" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/trilogy-place-360-mcdonalds-road-south-morang-e9ff318f02ed2d8b25841c37c8dfa577.jpg?itok=MCoePO-U" style="width: 580px; height: 435px;"></a></figure>Architecturally designed by Rothelowman and delivered by Gibson Property Corporation, Trilogy Place is a vision of luxury, quality and longevity. Each of the two, three and four-bedroom homes are meticulously crafted using the finest materials. Flexible floorplans and customisable options give buyers the opportunity to make their home unique to their personal taste and requirements. 

<figure><a class="colorbox colorbox-insert-image" href="/new-apartments/trilogy-place-360-mcdonalds-road-south-morang?utm_source=sms&amp;utm_medium=sms" rel="gallery-all"><img alt="" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/trilogy-place-360-mcdonalds-road-south-morang-ea539adddaa1ee4a40a2a0786799f3a3.jpg?itok=oGjwxDFe" style="width: 580px; height: 435px;"></a></figure>Trilogy Place townhomes feature large windows, to make the most of the spectacular views and to allow for plenty of natural light to fill the living spaces. This townhome collection is the Stage 2 release of master-planned precinct, and with only 55 townhomes available, this is an opportunity you won't want to miss.

<figure><a class="colorbox colorbox-insert-image" href="/new-apartments/trilogy-place-360-mcdonalds-road-south-morang?utm_source=sms&amp;utm_medium=sms" rel="gallery-all"><img alt="" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/trilogy-place-360-mcdonalds-road-south-morang-44e953d322e98d5ea5c6a978ba3163bc.jpg?itok=nkxxgMfQ" style="width: 580px; height: 435px;"></a></figure>Situated just 25 kilometres from Melbourne's CBD, residents can be in the city in minutes, or enjoy the local convenience of the Whittlesea area. 

Trilogy Place is within walking distance to Westfield Plenty Valley, Pipetrack Park, Plenty Gorge Parklands, Morang South Primary School, Mill Park Secondary College, Marymede and Parade Catholic Colleges, RMIT, La Trobe University, local supermarkets, and great public transport options.

Urban’s three favourite things about Trilogy Place.

<ul>
<li>Trilogy Place is designed to achieve a 6-star energy rating.</li>
	<li>Residents also have the ability to add a 10kWh battery storage system and 5kW solar panel, to significantly reduce their energy bills and carbon footprint.</li>
	<li>Buyers who secure a property within Trilogy Place now could also be eligible for the $15,000 HomeBuilder grant.</li>
</ul>
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urban.com.au

South Morang welcomes Trilogy Place, the home you’ve been searching for.

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Under the Building Victoria Recovery Taskforce, $194 million of work has been given the green light within Riverlee’s $2 billion mixed-use development, New Epping.

Due to its significant community benefit, the Victorian Government fast-tracked approval of a number of permits, including the delivery of 151 affordable housing apartments, a private hospital to be operated by Ramsay Health Care and other key supporting infrastructure.

The $133 million Northern Private Hospital will not only cater to the rapid growth of the northern catchment over the next decade but will greatly lessen the pressure on the adjacent Northern Hospital.

The fast-tracked approvals outline the importance of the project and the impact it will have on the growing region, said Riverlee development director David Lee, who is working collaboratively with the City of Whittlesea.

<blockquote>
New Epping is set to become a vibrant city in the suburbs; the rehabilitation of the former Epping Quarry is one of the largest projects we have undertaken and will be one of the most rewarding due to the sheer impact it will have on the growing region, economically, environmentally and socially.
</blockquote>

Formerly Epping Quarry, the development site spans 51 hectares and is set to be home to over 2,500 townhouses and apartments, a new health precinct and a commercial office precinct.

<h2>Other residential developments in the City of Whittlesea on the market now</h2>

Other developments in the surrounding suburbs will likely take advantage of the proximate masterplanned community in Melbourne’s north-east, transforming the area into the heart of a living, breathing city.

Among these projects are South Morang’s Trilogy Place and Jetts Park townhouse developments.

Located at 360 McDonalds Road, Gibson Property Corporation’s Trilogy Place project is offering the stage two release of their master-planned precinct. Designed by Rothelowman, the project will offer 55 two, three and four-bedroom homes, featuring flexible floorplans and customisable options.

<img alt="Image supplied." height="266" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/south_morang_0_0.jpg" width="580">

Prices for the townhomes start at $457,000 for a two-bedroom, two-bathroom property and from $507,000 for a three-bedroom, two-bathroom.

Jetts Park, situated at 200 Gordons Road, offers 12 three-bedroom, two-bathroom townhouses, featuring wide-open spaces, quality fixtures and architectural design. Located closeby RMIT and LaTrobe University campuses, South Morang offers privacy and convenience just 30-minutes from the Melbourne CBD.

<img alt="Image supplied." height="326" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/jettspark-townhouses_page_03_image_0001_0.jpg" width="580">

Prices for the townhomes begin at $599,000. 

<h2>Other Riverlee developments</h2>

Seafarers, Docklands

[smartcode_project:default project_id=27728]

Seafarers heralds a new era in luxury inner-city living on Melbourne’s Yarra River, with exclusive access to luxury hotel amenities, management and services.

Not only does it deliver 5-star hotel amenities, it also has the convenience of being near world-class restaurants, cafes, markets and some of the best educational facilities and universities Melbourne has to offer.The award-winning architecture and interior design firm Carr Design created the apartments to maximise external views, space and natural light, with interiors including reflective surfaces, natural and concealed doors.
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$194 million of work within Riverlee’s $2 billion mixed-use development has been given the green light by the Victorian Government's Building Victoria Recovery Taskforce

max.kwok_55688

Stage 1 of Riverlee's $2 billion New Epping project approved

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Resi Ventures has celebrated its 10th anniversary with the release of a $70 million townhouse project in South Morang.
It is among the first major townhouse project to be launched post the Melbourne lockdown.
The 92 Townhome Evoke development on Findon Rd will feature 2 and 3 storey homes offering 2 and 3 bedrooms with 2 bathrooms starting from $399,500.
The sales office opens early December with construction slated for commencement in Q2 2021.
Resi Ventures Managing Director Mr Khurram Saeed and partner Anthony Braunthal had decided to launch the boutique project to take advantage of an anticipated post lockdown surge in demand.
“By targeting the first homebuyer and investor market, in a quality location, we believe we will have a sort after product that meets these buyer’s needs,” he said.
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j.ballantyne1990-6AQqhLzZaK

$70 million townhouse project in South Morang launched

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A three-bedroom house in the Melbourne suburb of Mernda has been sold for $740,000, setting a new suburb record. 
It has been sold by Ray White South Morang Sales Agent and Auctioneer Steve Gruevski. 
The three bedroom, two bathroom home is sitting in an elevated position at <a href="https://www.realestate.com.au/sold/property-house-vic-mernda-133317150" target="_blank">77 Waterview Drive</a>.
<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/2020/5/18/77-Waterview-Dr-Mernda-06%201.jpg" alt="">
The home comes with open plan living and meals, covered alfresco deck, under house cellar and manicured garden. 
It also features open fireplace, high ceilings, and secure parking with remote access.
The home is situated within close proximity to schools, parklands, public transport, cafes and restaurants. 
<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/2020/5/18/77-Waterview-Dr-Mernda-08%201.jpg" alt="">
The vendors had purchased the land for $197,000 ten years ago and built this home. 
“Given the current climate and the perceived negativity around property prices – being able to achieve a suburb record is quite an achievement," Gruevski said. 
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South Morang trophy home sale sets new suburb record

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A South Morang, Vic home has sold under the mortgagee auction hammer for $5,000, above the price guide.
The three bedroom two bathroom house came with a price guide of $360,000 - $395,000.
Brett Sparks and Brook Patto of Millership and Co held the listing.
Situated at <a href="https://www.realestate.com.au/sold/property-house-vic-south+morang-130766666" target="_blank">4 Pace Circuit</a> the property sold for $400,000. 
The 2010 built property is set across two storey's on 208 sqm.
This is an increase of $44,000 on its 2016 sale price when it traded for $356,000.
Located at the top of the court, it is minutes from Westfield, the train station and local schooling.
<a href="https://www.propertyobserver.com.au/subscribe" target="_blank"><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/2019/1/Subscriber%20strip%20ad.jpg" alt=""></a>
The median price for a home in <a href="/developments/south-morang-vic-3752">South Morang</a> is $643,750, according to CoreLogic, which calculate its annual change in median price over the past 10 years as 6.4%.
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South Morang, Vic mortgagee home sold above price guide

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A South Morang three bedroom house has been sold by a mortgagee.
Listed with an indicative price range between $510,000 to $561,000, the house fetched $570,000.
It last sold in 2011 at $350,000.
The house was listed by Nick Petrovski and Rod Taylor from Ray White.
<a href="https://www.realestate.com.au/property-house-vic-south+morang-128266270" target="_blank">Located at 5 Amber Court</a>, South Morang, the house comes with three bedrooms (ensuite to master), kitchen with adjoining meals area and separate lounge.
Other features include ducted heating, evaporative cooling, covered outdoor area and double carport.
It is close to shops and transport.
The suburb's median house price sits on $611,500, according to CoreLogic. 
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South Morang three bedroom house sold by mortgagee

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An old dairy farm in Victoria's Doreen is set to be transformed into a boutique community with more than 360 homes upon completion.
The AVJennings development will include parklands and landscaped gardens for the homes on lots from 294 square metres to more than 700 square metres, from $155,000.
The development, on Bridge Inn Road, is named <a href="https://www.hazelcroft.com.au%20" target="_blank">Hazelcroft</a>, and is a masterplanned community that spent every weekend in March inviting buyers to come and join in with the launch.
Upon completion, more than 16 hectares of reserves and open space, including a central reserve and a green pathway that crosses through the community, will be present, including a central playground due for completion this year.
The site is near to Laurimar shopping centre, Plenty Valley Westfield, Doreen Primary School, Ivanhoe Grammar and two train stations - South Morang and Hurstbridge.
The first release is located at the gateway to the community and is currently available for purchase - either for land or house and land packages for which builders of their choice can be selected.
Peter Vlitas, the Victoria state manager for AVJennings, said that Doreen is already a growing community.
“Doreen is already a great place to live, with all the convenience of existing amenities and the added excitement of our latest residential offering,” Vlitas said.
The March events included face painting, balloon artistry, a gelato van, prize giveaways and a cup cake event - much of these were held with local businesses.
For those purchasing prior to the end of May, a $5,000 'rebate' is being offered for lots in stage one (109, 112, 113, 116, 137 and 138), while those that refer friends are being offered a $1,000 gift card.
In the first premiere release, 30 sites are being offered from 294 square metres to 483 square metres, ranging in price from $155,000 to $195,000 along Windermere Parade, Killarney Street and Wicybush Street. NBN is available to all the properties and the lot depths are up to 34 metres.
Of these, it appears seven have been purchased.
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