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

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

<html><body><div class="property-info__header">
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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