Sun Property Group (SPG) has taken a major step to reinforce its commitment to consumer trust by securing Latent Defects Insurance (LDI) from Resilience Insurance for its nearly completed Willoughby development on Sydney’s Lower North Shore.

The boutique project, Aurora, comprising 12 apartments and a ground-floor commercial space, is one of few in the region to adopt the forward-thinking insurance model—offering a point of difference in a competitive market.

For Cameron Johnson, General Manager at Sun Property Group, the decision to adopt LDI was rooted in the company’s long-standing philosophy of maintaining a highly personalised relationship with its end users.

“We’ve always taken ownership over our product,” Johnson said. “Introducing LDI is not just about peace of mind for the buyer—it’s about raising the internal bar. It becomes the baseline for how we do things going forward.”

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While hundreds of developers and builders have taken out an LDI policy from Resilience Insurance, the insurance is still relatively new to Australia. Johnson says he sees significant future potential with LDI nationwide, with both&nbsp;regulatory and market frameworks starting to evolve to support its wider use in class two buildings.

“When we started the Willoughby project, LDI was still just a concept being floated by the Building Commissioner’s office," Johnson says.

"Delays in the construction timeline gave us the unique opportunity to adopt it as the product became more available in late 2023."

That timing aligned with a shift in construction contractors on the project, which opened the door for a more collaborative and considered implementation of the insurance. According to Johnson, Resilience Insurance was proactive and solution-oriented.

“It wasn’t just about us buying a product off the shelf. It was a dialogue—how can we work together to deliver something that meets both of our needs?” he added.

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LDI covers major structural defects for up to 10 years post-completion and offers an alternative to the traditional developer bond held under the Department of Fair Trading’s scheme. SPG prudently factor in a two per cent cost profile for such measures into its feasibility, treating it as “business as usual.”

“What LDI does is show the consumer that we’re front-ending our responsibilities—design, delivery, documentation, execution. That whole chain of custody is assessed and independently reviewed throughout construction. It’s a rubber stamp on quality,” Johnson said.

In a region where no other nearby developments currently carry LDI, the move also creates a market differentiator. While some projects may carry an iCIRT rating, few offer the depth of protection and oversight that LDI provides, especially outside of publicly listed organisations.

Aurora is being brought to market by Henry Burke of McGrath Projects. With the recent cut in interest rates Burke expects that many first home buyers and investors will jump at the chance to buy in Aurora due to its convenient location, fantastic retail amenity, picturesque parks with leafy walks, and excellent transport connections with only one stop to Sydney CBD. He expects a local owner-occupier to secure the standout penthouse which offers 175 sqm of internal space and further 200 sqm of outdoor space.

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Johnson says Aurora residents will not only benefit from the first right insurance policy, which means action is taken immediately rather than often long and complicated battles as developers and builders point fingers at each other as to who created the issue, but from how it can benefit the strata communities of the building.

Many buyers, especially first-time apartment owners, have limited understanding of shared infrastructure or the responsibilities of Owners Corporations. LDI adds an important layer of education, structure, and protection.

“People want to move in and enjoy what they’ve bought. But when things go wrong, that’s when emotions and stress levels rise. The insurance policy gives owners a clearer path to resolution—an assured, regulated compensation process. It also helps equip owners and managers with the knowledge they need to maintain the building properly.”

The insurance includes tools such as service penetration matrices and access documentation—going far beyond standard build drawings. Johnson says it’s about delivering not just a home, but a sustainable, manageable asset.

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Sun Property Group continues to build on its strong track record across Sydney’s Lower North Shore, with an upcoming major development of its Bowen Street, Chatswood landholdings and additional projects underway in Melbourne. The team recently completed its debut Melbourne apartment project, The Brookville in Toorak, showcasing their commitment to delivering high-quality, design-led communities.

In a region where no other nearby developments currently carry LDI, the move also creates a market differentiator

Joel Robinson

Sun Property Group approaches completion of Willoughby's first apartment development with 10-year Latent Defects Insurance

Renowned developer-builder DASCO has unveiled its much-anticipated new development in the heart of Epping.

The architectural brief for Turner Studio was to “create a community where residents are completely immersed in a paradise for the senses.”

The result is <a href="https://www.apartments.com.au/new-apartments/senso-epping-242-244-beecroft-road-epping-nsw-2121">Senso</a>, a series of buildings that have been oriented around an unrepeatable 10,000 sqm-plus site to create a facility-laden, landscape-first precinct, something of which Epping and its surrounds have not seen before.

There are 479 apartments available in a variety of floorplans across the five buildings, a mix of one-, two-, and three-bedroom apartments in addition to a curated penthouse collection.

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The apartments have been designed to appeal to the owner-occupier market, with generous floorplans, premium materials, and optional upgrades including integrated refrigeration, bespoke joinery, and motorised blinds.

<a href="https://www.apartments.com.au/developers/dasco-australia">DASCO</a>, who builds its own developments, is once again bringing peace of mind to its clients by taking the 10-year Latent Defects Insurance policy offered by Resilience Insurance, which protects buyers against any structural or waterproofing issues for 10 years post completion of the building. This insurance can only be taken out by the builder or developer and not by individual apartment owners.

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DASCO is known for creating more than just apartments — they create places where people connect. Senso will have over 4,000 sqm of resort-inspired communal amenity in the form of two rooftop pools, a celestial outdoor cinema, wellness club, sensory walk, and an observation deck, in addition to multiple BBQ and outdoor communal areas on multiple levels, intended to deliver a complete lifestyle offering within the residential environment.

There will be over 800 sqm of retail space on street level, which will likely be run as hospitality venues.

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Located adjacent to the new Epping Town Centre masterplan, and just a five-minute walk from Epping Metro Station, Senso offers seamless access to Macquarie Park, Chatswood and the Sydney CBD. Families who are interested in the large two- and three-bedroom apartments are within proximity to several regarded educational institutions including Macquarie University, James Ruse Agricultural High, and Cheltenham Girls School.

The project also leverages Epping’s growing dining and retail precinct, proximity to Macquarie Centre, and access to natural assets including Terrys Creek walking trails and Boronia Park.

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With a 33-year track record and over 7,000 dwellings delivered, DASCO continues to develop and build; a business model that enables integrated delivery and peace of mind, especially when Senso is backed by Latent Defects Insurance (LDI), providing 10 years of protection for buyers at no additional cost.

The launch of Senso Epping reinforces DASCO’s active pipeline of Sydney-based developments at a time when the market is increasingly focused on owner-occupier appeal, delivery confidence, and long-term quality.

DASCO is partnering on Senso Epping with leading Australian alternative asset management firm Metrics, which has more than $30 billion in assets under management.

[smartcode_project_cta:default project_id=134954]

DASCO reveals Senso, Epping’s first resort-style apartment development

Preliminary data by research giant Charter Keck Cramer reveals a 54 per cent decline in Build to Sell apartments across Australia's capital cities, while the Build to Rent boom continues with a 378 per cent increase over the last five years.

Charter Keck Cramer's upcoming National State of the Market Report - Key Metropolitan Areas, scheduled for release in September, will reveal&nbsp;a dramatic transformation in apartment supply patterns across Australia's capital cities between FY2016-2020 and FY2021-2025.

The Build to Sell (BTS) apartment sector has experienced a substantial contraction, with total supply falling by 54 per cent compared to the previous five-year period. The decline represents a reduction of 149,200 apartments across all capital cities.

<img alt="BTS Charter Keck Cramer" data-entity-type="file" data-entity-uuid="3db2ddf3-e7c0-481f-b8b9-63efb365cb80" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-20%20at%2011.26.34%E2%80%AFAM.png?VersionId=bsQl8inhZA7FeiPamnGvw1tse0obBdSd" />

Sydney led the downturn with a decrease of 73,600 apartments, followed by Melbourne (-42,800) and Brisbane (-26,800). Perth and Adelaide also recorded significant declines of 6,400 and 2,400 apartments respectively. Only Gold Coast and Canberra bucked the trend, with modest increases of 500 and 2,300 apartments.

In stark contrast, the Build to Rent (BTR) sector has emerged as a major force in the apartment market, recording a remarkable 378% increase in supply. This growth added 8,590 apartments across the capital cities during FY2021-2025. Melbourne dominated BTR growth with 6,160 additional apartments, while Sydney contributed 2,100 units. Brisbane and Canberra also recorded growth of 800 and 330 apartments respectively. Gold Coast and Perth recorded minor declines, while Adelaide maintained steady levels.

<img alt="BTR CKC" data-entity-type="file" data-entity-uuid="ca13ffd4-ab93-4828-afd2-4c3dccbd2b51" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-20%20at%2011.28.54%E2%80%AFAM.png?VersionId=SXNnpcJuFD36ViWOwF6izBBqcQc3NWao" />

“These preliminary findings indicate a fundamental shift in Australia's apartment development landscape, with traditional Build to Sell models giving way to institutional Build to Rent developments,” said Richard Temlett, Charter Keck Cramer’s National Executive Director of Research.

"This transition reflects changing investor preferences, regulatory environments and housing affordability challenges across major metropolitan areas.”

The complete Charter Keck Cramer National State of the Market Report – Key Metropolitan Areas will provide comprehensive analysis of these trends, their underlying drivers and implications for developers, investors and policymakers when released in September.

Build to Sell apartment supply drops 54% in five years across Australian capital cities

Verso Development Group is seeking to bring over 1,100 apartments to the heart of Brisbane's Toowong, with plans filed for a $1 billion, triple tower development known as Toowong Central.

The landmark urban regeneration project "aims to reshape the core of Brisbane’s inner-west riverside suburb."

Covering over 1.4-hectares across&nbsp;Sherwood Road, High Street, and Jephson Street, Toowong Central has been designed by KHA and will comprise three towers rising 49, 55, and 58 levels.

<img alt="Toowong Central" data-entity-type="file" data-entity-uuid="48611e3d-7123-4b99-b2cb-bfa4bc98024f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenities.png?VersionId=yKBexB.BgCkq4OET8fHDkWs0d3DjxOKJ" />

According to the Urban Context Report prepared by Urbis, Toowong Central is positioned as a “city-defining precinct reclaiming Toowong as ‘the best destination in the west’,” with a vision to deliver density differently, strengthen Toowong’s identity, and lead subtropical urban design.

There will be a wide range of apartment configurations, from one-bedrooms to five-bedroom penthouses, as well as short-term accomodation offerings. The design prioritises pedestrian permeability, with an activated public realm featuring a central civic plaza, laneways, and street-level retail and dining.

“The central square’s structure, programming, scale and location creates a social anchor - shaped by its edges, flexible for use, and animated by a diversity of experiences throughout the day and into the evening,” the Urban Context Report noted, reinforcing the project's ambition to become a vibrant community destination.

Design excellence was pursued through an international design competition, attracting entries from renowned practices such as UNStudio and BIG. KHA’s winning design distinguished itself with a ceremonial approach to the public realm, integrating terraces, tiered seating, and green infrastructure to promote social interaction and resilience.

The development builds upon two existing approvals: the 25- and 20-storey towers of the Aviary Toowong proposal, and a separate 25- and 24-storey approval at 88 Jephson Street. Consolidation of these fragmented landholdings under a precinct-wide approach allows for increased community value and cohesive urban integration.

Urbis Director Nicholas Stevenson said Toowong Central will bridge the gap in Toowong's current experience, unlocking the potential of the wider precinct.

"Overcoming experiential constraints and leveraging contextual advantages – Toowong Central will redefine Brisbane's inner west.”

<img alt="Toowong Central" data-entity-type="file" data-entity-uuid="73f7a702-625d-452d-9df2-30a0863ac1e8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/master.png?VersionId=TZdh6wxGC_8IIroXpdkZfuhlS8mFZnea" />

Toowong Central’s ambition extends beyond residential and commercial outcomes. Uses under consideration include a world-class hotel, university facilities, a museum, and health and wellness services, reflecting its role as a western gateway to Brisbane’s growing innovation corridor between the CBD and the University of Queensland.

Urbis Managing Partner James Tuma said Brisbane has no greater opportunity to showcase the future of urban living than Toowong – a sustainable, economically vibrant, and people-centric place that embodies the best of Brisbane.

[The plans] gives us a glimpse into our future as a globally relevant, youthful, entrepreneurial, and distinctly subtropical city.”

$1 billion Toowong Central to deliver 1,100 apartments to undersupplied Brisbane market

In <a href="https://www.apartments.com.au/developments/runaway-bay-qld-4216">Runaway Bay</a>, new townhouse-scale waterfront residences are rare - but ones built to the standards found on Sovereign Island are almost unheard of.

<a href="https://www.apartments.com.au/new-townhouses/ocean-suites-on-jennifer-10-12-jennifer-avenue-runaway-bay-qld-4216">Ocean Suites on Jennifer</a>&nbsp;changes that, delivering a calibre of construction and detailing that places its seven villas well above the typical market offering in this northern Gold Coast pocket.

Ocean Suites on Jennifer will be move-in ready before Christmas this year, giving buyers the chance to spend the summer on the water in one of Runaway Bay’s rare new waterfront residences.&nbsp;

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The development is a collaboration between <a href="https://www.apartments.com.au/architects/stuart-osman">Stuart Osman Design</a> and <a href="https://www.apartments.com.au/developers/sand-side-developments">Sand Side Developments</a>, with construction by <a href="https://www.apartments.com.au/builders/alroe-constructions">Alroe Constructions</a>.

Architect Stuart Osman says the intent from the outset was to create a home people would be drawn to. “When you build anything, the design is to make you want to go hang out in this house,” he says.&nbsp;

Ocean Suites on Jennifer’s design features a front façade softened with planter boxes, rear pool areas, and rooftop decks looking over the water.&nbsp;

Inside, voids and high skylights bring daylight deep into the centre of each home, while ceiling heights of 2.85 metres maintain a strong sense of volume.

Each four-level residence spans 345 to 388 sqm, with layouts accommodating multi-generational living - a ground-floor bedroom suite for older family members and upper levels for the rest of the household. A lift connects all floors.

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For Andrew Erwin, Director at NPA, the project’s appeal lies in both its location and the detail in execution.&nbsp;

"At Ocean Suites, you’ve got a canal-front setting with direct Broadwater access and a level of finish you’d normally only see in the city’s most prestigious addresses. The four-level layouts, the glass-framed living areas, the private pools, even the extended kitchens, every part of it has been designed with the buyer in mind,” he says.

Those buyers have so far been a mix of Gold Coast locals and interstate purchasers, many seeking a lock-up-and-leave holiday home or a downsized residence without sacrificing space for visiting family.&nbsp;

Older households with teenage children are a recurring profile, drawn to layouts that support multi-generational living and the ability to host extended stays.

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Material selection reinforces the project’s quality-first ethos, with every home appointed to a premium standard. Kitchens and ensuites feature engineered stone surfaces, complemented by prestige oak engineered timber floors, Victorian ash hardwood staircases, and soft loop-pile carpet.

Premium lighting, statement pendants, ceiling fans, and Fujitsu ducted air conditioning elevate both comfort and design. Each residence also includes a suite of high-end appliances as standard - Fisher &amp; Paykel integrated fridges, Bosch ovens, induction cooktops and dishwashers, Vintec wine fridges, and Franke sinks.

Beyond the interiors, residents enjoy an enviable lifestyle with rooftop terraces, private plunge pools, fire pit areas, outdoor showers, smart home automation, laundry chutes, and private pontoons.

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With no additional upgrade costs, Sand Side Developments underscores its no-shortcuts approach, delivering homes where luxury and amenity come as standard.

Osman adds that the kitchen has been designed as “the main hub of the house” with six metres high skylights above a galley-style layout that “makes it feel bigger, brighter, whiter” and “brings light into the centre of the home.”

Both architect and builder emphasise a shared commitment to delivering the intended design without compromise. “Working with Alroe’s structural team and their construction team, it’s been great to make sure that the look and feel that was originally intended is the result achieved at the end of the project,” Osman says.&nbsp;

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Outdoor living has been given equal consideration, with rooftop terraces designed for entertaining with a fire pit and bar, and spacious undercover patios featuring private plunge pools.

The marine access is as carefully executed as the homes themselves. An eight-metre gangway leads to a six-metre private pontoon capable of mooring vessels up to 30 feet, just 300 metres by water from the Broadwater.&nbsp;

Even the orientation of each villa has been optimised to capture long views down the canal, across the Broadwater, and south to Main Beach.

With construction in its final stages, just three of the seven villas remain, priced from $3.365 million to $3.695 million.

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Sovereign Island standards come to Runaway Bay with Ocean Suites on Jennifer

South Perth

A new landmark development is taking shape in South Perth, offering not just a place to call home, but an iconic piece of architecture that blends elegantly with its surroundings.

Perched between the river and the city, The Pearl by Prosper Living, draws inspiration from the nearby Swan River, incorporating soft curves to create a unique residential tower that promises to deliver premium living spaces and resort-inspired amenities to its future residents.

Each apartment at The Pearl represents a harmony of comfort, flexibility and functionality, with fluid, organic floor plans and premium finishes designed to enhance everyday living.

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A mix of apartment types are on offer within the soaring tower, with the residences beginning on level four.

There's a range of one and two-bedroom options in the lower floor levels, with just eight residences across each.&nbsp;

Level 11 is where the three-bedroom apartment options begin, with these levels only featuring six apartments across each floor plate.&nbsp;Crowning The Pearl are the penthouse apartments, with just three four-bedroom residences on offer.&nbsp;

The one-bedders span from 69 sqm through to 99 sqm, with each offering one-bathroom and one car space, while the two-bedroom apartments begin from 122 sqm through to 148 sqm, with two-bathrooms and two car spaces.&nbsp;

The three-bedroom apartments offer even more generous living space, covering from 163 sqm to 180 sqm, with the four-bedroom penthouses that largest in the mix, with up to 272 sqm of living space.&nbsp;

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Residents of The Pearl have the opportunity to customise the interior of their apartments with a choice of three colour schemes, each one promoting a sense of understated style, elegance, and comfort.

Cleverly orientated to ensure that every apartment has access to natural light and ventilation, they also offer spacious balconies drawing in gentle breezes along with the far-reaching views.

The kitchens have been crafted to be the heart of the homes, while the bathrooms are functional and luxurious, with custom cabinetry, designer fittings and appliances, satin metal finishes, polished stone benchtops, and bespoke timber styling setting the bar for effortless contemporary elegance.

[smartcode_project_cta:default project_id=9197]

alisonwarters@gmail.com

The Pearl: A new era in luxury living

With the lights of the CBD in its sights, South Perth offers some of the best skyline and river views in the city.&nbsp;

Offering a mix of swanky apartments and stately homes, the affluent suburb is home to the Perth Zoo, South Perth Foreshore, the historic Old Mill, as well as a string of prestigious schools and an endless range of cafes, restaurants and bars.&nbsp;

With only the Swan&nbsp;between residents and Perth’s CBD, the river plays a big part in South Perth’s identity and developers, Prosper Living, made sure to represent the iconic body of water in their latest residential project.&nbsp;

Inspired by the ancient Derbarl Yerrigan - the Swan River - The Pearl takes its place&nbsp;in a unique position on the South Perth peninsula, just under five-kilometres from the CBD.&nbsp;

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Its slender silhouette is animated by its shimmering facade that reflects the light from the river and sky, while organic curved balconies sweep across the facade, taking on the form and movement of the water below.

Just beyond The Pearl’s crown-topped tower lies an abundance of recreational pursuits, from high-end shopping to world-class music events, international sporting events, festivals, arts, and even Perth Zoo, which is just one minute from The Pearl.&nbsp;

Locally, the Mends Street precinct is a one-top destination for shopping, cafes and restaurants. Residents will be nearby to the city’s laneways and galleries, along with a number of boutiques, bars and hidden gems, which are scattered about Perth, just a stroll away from the steps of The Pearl.&nbsp;

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Tennis, bowling, golf and sailing clubs are also all close by, and the South Perth foreshore is a great spot for a sunset picnic as the lights of the city beckon across the river.

Kings Park – the green heart and lungs of the city – will connect residents back to nature. Two thirds of the expansive 4,000,000 sqm inner-city park is protected as bushland, providing a haven for a number of native animals, with the open green space also home to the Western Australian Botanic Garden, which has over 3,000 species of the State's flora.

For a trip beyond The Pearl, residents can take the ferry to Elizabeth Quay and savour all the delights of Perth’s newest dining and entertainment options. The waterfront precinct on the banks of the Swan River features the island playground, the BHP Billiton Water Park, along with public artwork, promenades, open spaces and a range of bars and restaurants. &nbsp;

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A range of scenic river cruises sail across from Barrack Street Jetty to the Swan Valley, Fremantle and Rottnest Island, while visitors can also enjoy some time on a segway, a gondola ride on the Swan or just take a leisurely stroll alongside the river and across the bridge. There’s also 24 short term public boat moorings available.

A number of one, two, three and four-bedroom residences can still be purchased in The Pearl, which is slated for completion by mid 2025.&nbsp;

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How The Pearl takes advantage of its coveted South Perth location

Construction has commenced on the South Perth project, One Richardson, with one of Perth’s leading multi-residential and mixed-use builders on the task, Emco.&nbsp;

Developed by Subiaco-based developers, Devwest, One Richardson will deliver a collection of 75 one, two and three-bedroom apartments, along with a series of two-storey penthouses.&nbsp;

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Over 50 per cent of the apartments have already sold in the project, which have been designed by MJA Studio.&nbsp;

Sitting atop a ground floor cafe, as well as a welcoming resident’s lobby, each apartment has been architecturally designed to suit a range of lifestyles and buyers.&nbsp;&nbsp;

The project also leverages on its enviable Swan River location.&nbsp;

Overlooking Richardson Park, One Richardson fronts an expansive public open space, which delivers not only park fronting apartments, but also creates uninterrupted river views, which are normally only attained in high rise developments, brimming with residences.&nbsp; &nbsp;

One Richardson offers a large range of leading sustainability initiatives to help reduce the development’s environmental footprint, including features such as solar energy to common areas, energy efficient lighting and appliances, water efficient tapware and fixtures, electric storage units, solar efficient glazing and more.

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Centrally located on the corner of Richardson Street and Melville Parade, One Richardson enjoys views to the Swan River, along with a residential communal area located on the third floor, complete with barbecue facilities and lush landscaping.&nbsp;

Devwest have taken to transforming the Perth property market, with a number of projects currently in the works and recently completed including, The Bradshaw Residences in Manning and the soon to be launched, Olive Street apartments, which will form part of the revitalisation of Subiaco.

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Over 50 per cent of the apartments have already sold in the project, which have been designed by MJA Studio. 

Construction underway on South Perth apartments, One Richardson

Over the last few years, as people are spending more time in their home and working remotely, resident amenity in apartment towers has gone up several notches.

Resident amenity can be the defining factor in a buyer's decision to secure an apartment in one development over another, and developers are becoming wise to that fact.

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Cygnet West's Director of Residential Projects, Sales and Marketing, Greg Billings&nbsp;says buyers are very well educated on the latest trends.

“Buyers know what they want in both design and specification - with the specification having the ability to make or break a project,” Mr Billings said.&nbsp;

One development ticking all the boxes on buyers’ lists is Prosper Living’s South Perth apartment project, The Pearl.

The Pearl’s amenities have been designed as an extension of the apartments, with Prosper Living’s CEO, Maggie Cai saying they provide a place for residents to interact with one another, and to relax without the need to maintain the facilities themselves.&nbsp;

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“To reflect the beautiful Swan River and leafy parklands of South Perth, The Pearl uses many natural elements within the amenity level. From considered landscaping to herb gardens and citrus trees, residents will enjoy a tranquil oasis,” Ms Cai said.&nbsp;

“Residents can enjoy the beautiful river views from the resident's lounge, while the facilities also provide a place for wellness and well-being in which residents can escape from the busy city lifestyle without the need to travel.”

“The Pearl's amenities are like a resort hub for residents,” Ms Cai added.&nbsp; 
&nbsp; 
Mr Billings highlighted how important the location was in the final design of the project, saying location is key, with buyers seeking walkability to shopping and restaurants, along with easy access to the city.&nbsp;

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“Whilst there are various projects approved in the South Perth area already, it is likely future development will compromise the views for some of those projects,” he said.&nbsp;

“The majority of the apartments in The Pearl will have ‘forever views’ and with South Perth so keenly sought after by many buyers due to its proximity to the CBD and amenity, The Pearl has positioned itself as one of the stand out projects in the area.”

A variety of buyer demographics have been flocking to The Pearl, with predominately owner-occupiers securing apartments in the building.

That’s where the focus on the curated amenities particularly come into play, says Mr Billings.

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“The typical owner-occupier comes from a larger home and likely has many of these amenities in their existing property. Moving to The Pearl means they enjoy the use of the gardens and pool, plus the additional amenities, without having to manage or maintain them," Mr Billings concluded.

With sustainability also high on the buyer shopping list, a number of developers have looked to achieve environmental excellence in design and construction, with The Pearl meeting these standards with a 5 Star Green Star rating.&nbsp;

Spacious one-bedroom apartments with river views, start from $515,000 at The Pearl.

Coupled with a range of two, three and four-bedroom apartments, The Pearl has a home to suit everyone.&nbsp;

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The Pearl’s amenities have been designed as an extension of the apartments, with Prosper Living’s CEO, Maggie Cai saying they provide a place for residents to interact with one another, and to relax without the need to maintain the facilities themselves. 

Creating an extension to the apartment space: Inside The Pearl, an amenity-rich development

Perth property developer Prosper Living has just launched The Pearl, a mixed-use development on one of South Perth's best streets.

The Pearl will rise 25 levels from 3 Lyall Street, just a stones throw from the Swan River. There will be 137 one, two and three-bedroom apartments across the tower, which will also include three two-level sub-penthouses, as well as a special penthouse across the top two levels.

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"The Pearl is destined to become a landmark in every direction across the city and the Swan River," Prosper Living say.

The Pearl has been designed to be&nbsp;delivered as a 5-star Green Star mixed-use development, with retail and hospitality located across the ground floor plane.&nbsp;

Following an open-plan layout, the apartments&nbsp;connect to expansive balconies, offering panoramic views across the River to the City skyline in the east, Matlida Bay to the west and the Canning Bridge and the Canning River in the south-east.

"The Pearl adopted a series of design strategies to reduce energy consumptions and enhancing thermal comfort via efficient central gas hot water plant, roof-mounted solar panels, high-efficiency LED lighting and appliances, smart control system, home energy and water metering systems to allow residents to track their water and energy used," the architect said to the project.&nbsp;

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The Pearl will exceed solar access levels, with the dynamic shape of the building's footprint maximising&nbsp;natural cross-ventilation and light&nbsp;into each of the apartments, while&nbsp;high performance double glazing systems and beyond NCC standard insulations are also incorporated to maximise thermal comfort for residents.&nbsp;

A green spine softens The Pearl's façade, providing light throughout the development, with the greenery spilling into the lobby area.

Level three will be home to The Pearl’s residential amenity, with a lounge and dining area, along with a fully equipped kitchen and large temperature-controlled wine storage, a games room and pool table, and a 12-seater cinema.

The space is also set to include&nbsp;an infinity edge pool, with the pool deck sitting amongst lush greenery and a herb and citrus garden, as well as an alfresco entertainment area, complete with a barbecue area and an enclosed dining space, along with a massage room, a yoga deck, a gym and a sauna and steam room.

[smartcode_project:default project_id=9197 project_image_fid=203450]

Completion on The Pearl is slated for the end of 2024.

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Comprising one, two and three-bedroom apartments, The Pearl will also home to three double-storey sub-penthouses, as well as one of Perth’s most impressive penthouses once its complete, topping out the residential tower on the 25th floor. 

Prosper Living launch 5-star Green Star-rated South Perth apartments, The Pearl

The Perth skyline is set to welcome&nbsp;one of the world&#39;s most unique towers to date.

Developer Grange Development has this week submitted plans to City of South Perth for what is set to be the world&rsquo;s tallest, $350million hybrid timber tower, and Western Australia&rsquo;s first carbon negative building.

If approved, the 183m high residential building, at 6 Charles Street, South Perth &ndash; aptly titled C6&nbsp;after the periodic table&rsquo;s symbol for Carbon - will become one of Australia&rsquo;s most ambitious carbon negative buildings, with only the Atlassian hybrid timber Tower in Sydney currently on target for a similar carbon negative status.

Designed by Fraser &amp; Partners - a research-based design studio that has emerged from Elenberg Fraser and created in response to the demands of our times and viewed through the lens of the climate crisis - C6 will be constructed using approximately 7,400m3 of timber leveraging Cross-Laminated Timber (CLT), Glue Laminated Timber (Glulam) and Laminated Veneer Lumber (LVL).

The proposal currently includes provisions for 245 one, two, three and four-bedroom apartments set over 48 levels, a 500 sqm rooftop with an edible garden, dining and entertainment space, and 1650 sqm of communal wellness amenity.

<a href="/new-apartments/c6-6-charles-street-south-perth"><img alt="" height="846" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-21_at_9.10.45_am.png" width="1276" /></a>

At ground level, C6 will include a 2000sqm+ four-storey, split level, open-air piazza with a playground, cinema, horticultural zone, F&amp;B and entertainment precinct, equivalent in size to over 85% of the site, gifted back to Council and the community.

The public realm has been envisaged as a part paddock-to-plate urban farm and part immersive education hub in a visual and auditory experience.

Biophilic design is at the heart of C6, with almost 3,500 sqm of floral, edible, and native gardens. The building seeks to demonstrate that living in a building connected to nature provides tangible health benefits for its occupants.

In total, C6 will offer 18 sqm of communal space per apartment, which is 300 percent more than the current planning requirements of 6 sqm per apartment.

<a href="/new-apartments/c6-6-charles-street-south-perth"><img alt="" height="815" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-21_at_9.11.01_am.png" width="1508" /></a>

Through its extensive research and best practice benchmarking, Grange Development believes that hybrid timber buildings are the future of a carbon conscious construction industry, and if executed correctly, can transform the foundations of our built environments.

Grange Developer Founder and Director, James Dibble, said C6 represents the future of what is possible, except that it will be delivered now.

&ldquo;If we get this right, we should never have to rely on building another solely concrete or steel tower in our lifetime&rdquo; Dibble said.

&quot;The built environment is one of the three major drivers of catastrophic climate change, alongside transport and agriculture. With promising technological advances in both the transport and agriculture industries now working towards drastically reducing global carbon footprints, the property industry is lagging dangerously behind.

&ldquo;Timber as a building material has been around for centuries, but only recently has mass timber construction and fabrication methods made it a viable option en masse.&quot;

<a href="/new-apartments/c6-6-charles-street-south-perth"><img alt="" height="817" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-21_at_9.11.56_am.png" width="1155" /></a>

On-site energy production, a complete electric vehicle solution that can totally remove the need for fossil fuel-powered cars, ahuge focus on biophilic design to deliver tangible health benefits, and a building that actively sequesters carbon.

Post construction, Grange Development is committed to open source sharing the project&rsquo;s research, design and construction documentation, as a call to arms for other developers to take up, evolve and further progress this building methodology.

&ldquo;Steel and concrete are some of the most energy-dense materials in the world to produce and at the moment the industry relies on it. If we can accelerate a paradigm shift into the use of more renewable building materials such as mass timber in a hybrid nature and see even 10, 15 or 20 percent of future projects use mass timber in their construction in the next few years, we will have succeeded. At the moment that figure is almost zero. If nothing changes, nothing changes.

&ldquo;C6 will bring together global best-practice in biophilic design, sustainability, architecture and engineering. Fraser &amp; Partners shares our passion and vision for creating a viable solution to our built environments&rsquo; reliance on non-renewable materials, so together we want C6 to be the beacon of change this industry so desperately, and immediately needs,&rdquo; he said.

C6 has been submitted to council for planning approval, with the building earmarked to launch in the market next year.

Grange Developer Founder and Director, James Dibble, said C6 represents the future of what is possible, except that it will be delivered now.

Perth set for world first hybrid timber tower with 245 apartments

The longstanding Perth developer, Devwest, is&nbsp;set to bring something unique to the South Perth waterfront.

No stranger to mixing commercial office space in with their residential towers, Devwest, led by Tony Hatt,&nbsp;Chad Ferguson, Damon Ferguson and Brett Lovett, is creating two towers on the dress circle Richardson Street, one residential, one commercial.

It&#39;s the first time Devwest has created two standalone towers of commercial and residential in the same development.

Chad Ferguson, Devwest&#39;s Executive Director,&nbsp;says prospective home owners and business owners are rarely afforded the opportunity to work and live within the same development, while still being separate from the office.

[smartcode_project:default project_id=7809 project_image_fid=193003]

&quot;It offers the convenience of working from home whilst at the same time allowing purchasers to separate work from home, it&rsquo;s the ultimate arrangement really&quot; Ferguson told Urban.

Ferguson said&nbsp;the&nbsp;development provided a rare&nbsp;opportunity for businesses to own their own space.

&ldquo;The ability to own office space in a landmark building with panoramic water views, in a blue-ribbon CBD fringe suburb, is very rare. Office space of this quality is usually only available to lease.&rdquo; Ferguson said.

[smartcode_project:default project_id=7809 project_image_fid=193004]

There&#39;s already been a sale to a small business owner, who has secured an office space in the commercial tower, and an apartment in the neighbouring tower.

&quot;We thought this type of arrangement may appeal to some people and it has already proven to be the case,&quot; Ferguson added.

Living near the office is something Ferguson knows only too well.

&quot;When I started out in early 2000, my apartment was located directly above our office,&quot; Ferguson said.

[smartcode_project:default project_id=7809 project_image_fid=193002]

&quot;My apartment was actually hard wired to the server!&quot;

Designed by MJA Studio, One Richardson will have 75 apartments across its 13 levels. Construction&nbsp;firm EMCO is undertaking the build, with completion slated for Q1 2024.

Ferguson is expecting buyers to be anyone from first home buyers and owner-occupiers to investors.

&quot;It&#39;s a bluechip location for anyone,&quot; Ferguson said.

&quot;It fronts the Swan River, enjoys easy&nbsp;access to the surrounding parks&nbsp;and golf course, and is easily&nbsp;accessible via the freeway and the future&nbsp;South Perth Railway Station, which will be on the doorstep.&quot;

One Richardson will have&nbsp;uninterrupted views of Richardson Park, Royal Perth Golf Course and the Swan River. Buyers can choose from one and two-bedroom apartments, or the unique two and four-bedroom, two-level lifestyle apartments that are located on the upper levels.

[smartcode_project_cta: project_id=7809]

Devwest launch unique South Perth apartment development, One Richardson

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A large home in Booragoon, Western Australia has been listed for auction by mortgagee.
The five-bedroom, two-bathroom property, situated at <a href="https://www.realestate.com.au/property-house-wa-booragoon-134413786">207 Riseley Street</a>, was advertised as a mortgagee on realestate.com.
Booragoon is a southern suburb of Perth, located within the city of Melville.
Set on 766sqm of land, the home comes with two living areas and about 18.5 metres of frontage.
The home needs a complete renovation to lease out or to occupy.
According to CoreLogic data, the median sales price of houses in Booragoon is $820,000.
It is located close to Leach Highway and on a bus route to Westfield Shopping Centre and Applecross High School.
The home last traded for $740,000 in 2013.
Acton Applecross’ Monica Yeoh holds the listing, with the auction set to take place Saturday, October 17 at 11AM.
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j.ballantyne1990-6AQqhLzZaK

Booragoon, WA home listed for mortgagee auction 

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A two floors of penthouse in South Perth with city and river views has been listed for sale with $7.9 million hopes.
The four bedroom, four bathroom apartment is situated at <a href="https://www.realestate.com.au/property-apartment-wa-south+perth-131219458" target="_blank">4/47 South Perth Esplanade</a>. 
The 585sqm apartment comprises 2 kitchen, 2 dining areas and 2 alfresco dining areas, 4 living areas and 2 balconies. 
Other highlights include laundry with private drying area, storage room and four car garage. 
The apartment is fully self contained with its own separate lift access.
Situated within a boutique apartment block of only 4, the penthouse is close to restaurants, retail, public transport and Perth City.
Gary Carlton of Gary Carlton Real Estate has the listing. 
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South Perth penthouse with city views listed 

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Fractional property investment platform BrickX have entered the Perth market over the Christmas period.
They've paid $1.04 million for a renovated 1930s home at <a href="https://www.realestate.com.au/sold/property-house-wa-kensington-129759462" target="_blank">29 Campbell Street</a> in Kensington, a southern suburb of Perth.
Its purchase reflected a 3.5% rental yield.
They are yet to release the cost per brick, which is how investors value their share of the property.
Their first purchase in Perth was undertaken after consultation with its buying panel, which include CoreLogic's Tim Lawless and the REA Group's chief economist Nerida Conisbee. The buying team includes two buyers' agent.
<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/2019/2/4/Brickx-Perth2.jpg" alt="">
The three bedroom, two bathroom home on the leafy Campbell Street is currently seeking $700 a week tenants.
BrickX snapped up the character home just eight days in to its marketing.
It last traded for $216,000 in 1997.
Kensington's median house price value has increased 4.6% in the last five years. It now sits at $895,000, approaching its 2015 highs of $910,000.
It's now the fourth state BrickX invested in, with previous purchases in New South Wales, Victoria and South Australia.
Last year they bought their first property in Central Victoria, a home <a href="/news/brickx-buy-first-regional-property-at-soldiers-hill-ballarat">in Soldiers Hill</a>, quickly followed by <a href="/news/brickx-buy-again-near-ballarat-in-central-victoria">another in Ballarat</a>.
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