<a href="https://www.apartments.com.au/developers/skymark-group">Skymark</a>'s boutique Cronulla development Solis has secured a 10-year Latent Defects Insurance policy through Resilience Insurance, providing buyers of the 16-residence building on Ewos Parade with structural and waterproofing protection that extends a decade beyond the building's completion.

Currently under construction and due for completion in late 2027, <a href="https://www.apartments.com.au/new-apartments/solis-cronulla-8-ewos-parade-cronulla-nsw-2230">Solis</a> is one of a small number of new developments in the Sutherland Shire to carry Resilience LDI coverage, a distinction that carries increasing weight as buyer confidence in the off-the-plan sector continues to be shaped by how developers stand behind their product.

Latent Defects Insurance, which entered the Australian market in 2022 when Resilience Insurance was approved to offer the cover, protects buyers against major structural or waterproofing defects for ten years post-completion. Unlike traditional statutory warranties, it operates as a first-resort policy, if a covered defect arises, the insurer responds directly, without the buyer needing to pursue the builder or developer through a lengthy claims process.

Resilience Insurance CEO Corey Nugent has noted that the product addresses something fundamental to the new apartment market.

"The overarching feedback from prospective buyers in the new development space is that they want more confidence and assurances around the quality of the build," Nugent says.

"Resilience Insurance Latent Defects Insurance not only gives them complete peace of mind for 10 years, but it shows the developer they are buying from is standing by their product."

[smartcode_project:default project_id=150499 project_image_fid=370898]

For Solis, the Resilience LDI policy adds a meaningful layer of accountability to an already considered project. The development comprises nine two-bedroom and seven three-bedroom residences, including one dual-level three-bedroom apartment, across a five-storey building on Ewos Parade, positioned between Shelly Beach and South Cronulla.

Garden apartments connect directly to private landscaped courtyards, while upper-level homes capture beach views to the east from level four and above.&nbsp;

All 16 residences include at least one balcony or courtyard, and select apartments on the upper floors feature bar areas and secondary flexible living spaces.

Hiba Sander, Managing Director of Skymark, says Solis offers a rare balance, nestled between the quiet beauty of secluded beaches and the lively charm of South Cronulla's esplanade.

"It's a place to choose your pace and live gracefully, seaside'," Sander says.

[smartcode_project:default project_id=150499 project_image_fid=370900]

The architecture, designed by <a href="https://www.apartments.com.au/architects/ida-design-group">IDA Design Group</a>'s Michael Trinh, draws from the natural erosion patterns of <a href="https://www.apartments.com.au/developments/cronulla-nsw-2230">Cronulla</a>'s sandstone headlands, translating the organic forms of the coastline into soft curves, pavilion-style massing, and a material palette chosen for longevity in a salt-tinged environment.&nbsp;

Textured natural stone, soft renders, and timber-look battens reference the tones of the surrounding cliffs, while the building has been oriented to maximise natural light and passive ventilation, with primary living spaces facing north and east to capture morning sun and sea breezes.

"At Solis, our aim was to create architecture that feels quietly confident, grounded in natural materials like stone and timber, and elevated by light and landscape," Trinh says.&nbsp;

"The buildings are designed to sit gently within their coastal surrounds, with expansive glazing and abundant greenery creating a seamless dialogue between inside and out."

[smartcode_project:default project_id=150499 project_image_fid=370897]

Interiors by <a href="https://www.apartments.com.au/architects/hot-black">Hot Black</a> carry the same material language through to every room. Kitchens feature integrated Gaggenau appliances, sculpted stone benchtops, and Lo &amp; Co joinery, while bathrooms feature natural stone, timber, and brushed metal finishes.&nbsp;

Hot Black Founder and Design Director Sophie Safrin describes the intent as one of considered restraint: "At Solis, every detail has been thoughtfully considered to create a timeless coastal retreat, calm, refined, and effortlessly liveable. From natural finishes to seamless indoor-outdoor flow, Solis offers a quiet elegance that's deeply connected to its surroundings.

The landscape, designed by Julian Brady of <a href="https://www.apartments.com.au/landscape-architect/sitedesignstudios">Site Design Studios</a>, treats green space as an integral part of the resident experience rather than an afterthought.&nbsp;

"Gentle curves and layered native plantings mirror the ebb and flow of the ocean," Julian Brady says, "creating a serene connection between architecture and place."&nbsp;

Coco Republic has provided bespoke furniture packages tailored to the project's coastal palette.

[smartcode_project:default project_id=150499 project_image_fid=370899]

Skymark has an established track record in the Sutherland Shire, with a portfolio spanning Cronulla, Woolooware and Burraneer that includes Isla, Sylva, Bask, Shells, Sula and Mist. Securing LDI on Solis reflects a broader shift in how the developer is positioning its buildings to buyers, at a time when Resilience Insurance expects the policy to become mandatory in New South Wales by 2028.

Sales at Solis are launching soon through Ray White Projects, with an official event scheduled for 11 June. Enquire for more information.

[smartcode_project_cta:default project_id=150499]

Joel Robinson

Skymark takes out 10-year Resilience Insurance LDI at Solis Cronulla

Investors may soon find themselves with fewer reasons to buy established property and more incentives to look towards the new apartment market.

Proposed changes to negative gearing and capital gains tax concessions would see new and off-the-plan apartments retain access to the tax benefits, while established properties would miss out, creating a clear advantage for buyers purchasing newly built housing.

The policy direction aligns with what many developers have been saying for several years. Australia needs more housing supply, and governments are increasingly looking for ways to encourage investment into new stock rather than existing homes.

The challenge for investors is that suitable product is becoming harder to find.

For much of the last decade, one-bedroom apartments were the cornerstone of investor demand. They offered a lower entry price, strong rental appeal, and were a common feature across most apartment developments.

Today, the development pipeline looks very different.

Across both New South Wales and South East Queensland, developers are increasingly targeting owner-occupiers and downsizers, delivering larger two, three and four-bedroom apartments in response to changing buyer preferences. While one-bedroom apartments still exist, they now form a much smaller portion of many new projects.

That shift has created a shortage of investor-friendly stock, particularly in well-located projects close to transport, employment hubs and lifestyle amenity.

At the same time, rising apartment prices have pushed many new developments beyond the reach of traditional investors. On the Gold Coast and across South East Queensland, it's becoming increasingly difficult to find new apartments priced around the $1 million mark, particularly those offering strong rental fundamentals and long-term growth prospects.

We've rounded up four new apartment developments where investors can still secure a foothold in the market for around $1 million or less.

<h2 data-end="1140" data-start="844">Flourish Soleira</h2>

<h2>Priced from: $1.07 million</h2>

Popular Palm Beach developer Sherpa is soon to officially launch its newest local apartment development, Flourish Soleira.

The one-bedroom apartments in the building were only offered to first home buyers rather than investors, and all of those have been snapped up. The two-bedroom apartments will start from $1.07 million, and the three-bedrooms, still a good investment given the popularity of Palm Beach for owner-occupiers, starting at $2,045,000.

&nbsp;

[smartcode_project:default project_id=150017 project_image_fid=370964]

Flourish Soliera will comprise 153 apartments across two buildings, connected by a skybridge, the first ever delivered in the suburb.

True to Sherpa's booming Flourish brand of apartment projects, Flourish Soleira will have extensive rooftop amenity across both buildings including a&nbsp;wellness centre with gym, work from home, yoga, pilates, a&nbsp;heated pool, private dining rooms, pizza oven and barbecues, basketball court, and golf simulator.

<h2>Corallo, Palm Beach</h2>

Priced from: $841,500

Nearby Flourish Soleira is Changfa Group's beachfront-inspired Corallo development. They still have some one-bedroom apartments remaining, priced from $841,500.

The 105-apartment project on Palm Beach Avenue is otherwise dominated by larger two and three-bedroom residences, many of which are aimed at owner-occupiers and downsizers.

[smartcode_project:default project_id=112194 project_image_fid=808]

For investors, the appeal lies in Palm Beach's continued transformation from a laid-back beachside suburb into one of the Gold Coast's most sought-after residential markets. Residents at Corallo will be within walking distance of Palm Beach's surf beaches, the recreational amenity of Tallebudgera Creek, and the increasingly popular collection of cafes, restaurants and boutique retailers along the suburb's central dining precinct.

<h2>Corner House, Stones Corner</h2>

<h2>Priced from: $880,000</h2>

One of only two Brisbane apartment developments to make the list with prices under $1 million is DeMartini Fletcher's Corner House development in Stones Corner.

One-bedroom apartments start from $880,000 within the 88-apartment development, providing investors with exposure to one of Brisbane's most established inner-south locations.

[smartcode_project:default project_id=149098 project_image_fid=330594]

Stones Corner has long been supported by strong tenant demand due to its proximity to major employment and education destinations. The suburb sits less than five kilometres from Brisbane's CBD and is within easy reach of the Princess Alexandra Hospital, Greenslopes Private Hospital, Queensland Children's Hospital and several university campuses.

The project's location within a walkable urban village environment, surrounded by retail, dining and public transport infrastructure, continues to attract both professionals and healthcare workers seeking accommodation close to work.

Parkdrive Apartments, Chermside

Priced from: $749,000

The most affordable apartments across Brisbane's new and off the plan market are in Chermside where developer AusDev is selling one-bedroom apartments from $749,000, and two-beds from $929,000, at its recently launched Parkdrive development.

The development is strategically positioned in one of Brisbane's largest employment and retail precincts, placing residents within easy walking distance of Westfield Chermside, The Prince Charles Hospital, St Vincent's Private Hospital Northside and the suburb's major bus interchange.

[smartcode_project:default project_id=152125 project_image_fid=363782]

Already under construction and scheduled for completion in early 2028, Parkdrive benefits from Chermside's ongoing evolution into Brisbane's northern metropolitan centre. The suburb continues to attract significant public and private investment, supporting population growth and underpinning long-term rental demand.

For investors focused on yield and tenant depth, the combination of healthcare, retail and transport infrastructure within close proximity provides a strong foundation for occupancy and rental performance.

Investors to turn to new apartments after Federal Government changes spark hunt for Queensland's best $1 million apartments

A mix of Gold Coast locals, fly-in, fly-out purchasers from Sydney and Melbourne, and Brisbane-based families has driven early sales success at Broadbeach's newest apartment tower, Lumara.

The 26-level project, a joint venture between builder-developer 5Point Projects and Bourke Projects, comprises just 37 luxury residences and is attracting a buyer profile that is looking for exclusivity, above the most amenity-rich suburb on the Gold Coast.

[smartcode_project:default project_id=150454 project_image_fid=364156]

Jamie Bourke, Director of Bourke Projects, says every buyer secured so far intends to use Lumara as a lock-up-and-leave residence, combining holiday use with the ability to work remotely when required.

“The size of the apartments, both half- and full-floor options, and the different zones within the floorplans, lends itself perfectly to dedicated home office setups and multi-generational family holidays,” Bourke says.

That flexibility has become a key drawcard for affluent buyers seeking a second residence on the Gold Coast without sacrificing the ability to conduct business away from their primary home base.

The absence of holiday letting within the building has also resonated strongly with purchasers.

“This type of buyer doesn't need to generate holiday rental income,” Bourke says. “They're paying for exclusivity, privacy and certainty around who their neighbours are.”

[smartcode_project:default project_id=150454 project_image_fid=366491]

The strong demand comes amid broader shifts in the high-end apartment market following the Federal Budget announcements in May.

“We were already seeing strong enquiry from high-net-worth buyers, but that has only accelerated since the policy changes,” Bourke says.

“A lot of those buyers are looking to place more capital into premium lifestyle assets rather than investment-grade stock that has been targeted by the Federal Government.”

[smartcode_project:default project_id=150454 project_image_fid=366486]

Designed by Cottee Parker, Lumara adopts a slender, sculpted form with an emphasis on natural materials suited to its beachfront setting. The architectural approach draws on coastal influences, with a palette of stone, timber and concrete selected for durability and the ability to weather over time.

Apartments are limited to three and four-bedroom configurations, with a maximum of two residences per floor through the mid-levels and a selection of full-floor and dual-level homes in the upper levels. All apartments are oriented to the north to maximise natural light, cross-ventilation and views across the ocean, city skyline and hinterland.

A two-level amenity offering is positioned high within the building on levels 20 and 21, conceived as a sky wellness retreat. Facilities include a magnesium pool, spa, sauna and steam rooms, alongside more social spaces such as a private dining room, resident lounge, workspaces and outdoor barbecue areas integrated with landscaped greenery.

The uppermost levels are reserved for larger-format residences, including several full-floor homes and a dual-level penthouse with its own private wellness features and recreational spaces.

&nbsp;

To give buyers confidence, 5Point and Bourke commenced construction ahead of the apartments launching to the market, a sure-fire way to prove they mean business, and the building will be delivered. They are targeting a 2028 completion date.

[smartcode_project_cta:default project_id=150454]

Locals, interstate holiday makers, drive early sales at Lumara, Broadbeach's newest luxury apartment tower

Often when it comes to purchasing property, the biggest barrier to entry is the deposit. Buyers of established homes typically aim for a 20 per cent deposit to avoid the added cost of Lenders Mortgage Insurance, while most property transactions require around a 10 per cent deposit when contracts are exchanged.

The off-the-plan market works differently, with buyers typically paying a deposit during construction and settling the balance upon completion. As completion approaches at <a href="https://www.apartments.com.au/new-apartments/fabbrica-fitzroy-369-gore-street-fitzroy-vic-3065">Fabbrica Fitzroy</a>, developer <a href="https://www.apartments.com.au/developers/pace-development-group">Pace</a> is making it easier for buyers to secure a residence through a deposit-matching incentive. Purchasers need only contribute a five per cent deposit*, with Pace matching the remaining five per cent.

The offer comes as Pace unveils a completed display apartment and townhouse, now available for inspection by appointment ahead of the project's Spring completion.

[smartcode_project:default project_id=139552 project_image_fid=371009]

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/winwood-mckenzie-architecture">Winwood Mckenzie</a> and landscaping by <a href="https://www.apartments.com.au/landscape-architect/acre">Acre</a>, Fabbrica draws on Fitzroy’s industrial and manufacturing history, incorporating references to the former Argyle Shirt Factory and Life Savers Confectionery Company that once occupied the site.

The development comprises 85 residences, spanning low-maintenance apartments through to larger-format townhouses with private street access and double lock-up garages, a relatively uncommon offering in Fitzroy’s higher-density apartment market.

Pace says the project has been designed to appeal to buyers seeking inner-city convenience without sacrificing space, flexibility, or amenity.

[smartcode_project:default project_id=139552 project_image_fid=371016]

Inside the residences, Winwood Mckenzie has focused on adaptable layouts and integrated detailing, with features including custom joinery, and concealed storage solutions. The material palette leans into warm, tactile finishes intended to complement the building’s industrial architectural language.

Fabbrica’s rooftop amenity is a key part of the project offering. Spanning around 800 sqm, the communal rooftop includes a private dining room, communal kitchen, lounge spaces, work-from-home zones, and outdoor dining areas overlooking the Melbourne CBD skyline.

[smartcode_project:default project_id=139552 project_image_fid=371017]

Landscape architecture studio Acre has introduced a layered rooftop garden designed to soften the urban setting while creating a more communal environment for residents.

The Fitzroy location also positions residents within walking distance of Brunswick Street, Smith Street, parks, cafés, galleries, and public transport, while remaining only minutes from Melbourne’s CBD. The project has an enviable Walk Score of 96.

[smartcode_project:default project_id=139552 project_image_fid=371025]

Pace, which is also delivering the project as builder, has developed more than 100 projects across Melbourne over the past three decades. The vertically integrated approach has become increasingly common among developers seeking greater control over construction delivery amid broader market pressures affecting the apartment sector.

The strikingly contemporary Gore Street development is now around 70 per cent complete, with purchasers expected to move into their new homes in Spring 2026. A limited number of residences remain available under the current deposit match offer.

*Conditions apply in relation to the deposit match offer.

[smartcode_project_cta:default project_id=139552]

Pace offers five per cent deposit match at Fabbrica Fitzroy ahead of Spring completion

Sydney developer Hyecorp's roots on the Lower North Shore stretch back three generations, and that deep understanding of the market continues to shape where and how it develops today.

From high-rise towers to boutique apartment projects, the family-run developer has built its reputation by focusing on a part of Sydney it knows intimately. Founded by Michael Abolakian in the early 1990s, Hyecorp is now led by his sons Stephen, Troy and Patrick.

Stephen Abolakian, joint managing director alongside Troy, has spent more than two decades in the business, overseeing development, planning, finance, marketing and sales.

Abolakian says the developer's disciplined focus on where it chooses to operate has been, and continues to be, one of Hyecorp's greatest strengths.

“We know the buyer profile exceptionally well,” Abolakian says.

“The demographics between places like Willoughby, Chatswood, St Leonards and Roseville are very similar. There are nuances between suburbs and projects, but culturally and from a buyer perspective, there’s a strong overlap.”

That buyer has historically been overwhelmingly owner-occupier driven.

Unlike many Sydney apartment developers that have traditionally relied heavily on investor demand, Hyecorp’s projects have typically attracted downsizers, upsizers, rightsizers and family owner-occupiers seeking long-term homes rather than short-term investments.

“Historically, investors have been a much smaller portion of our demand profile,” Abolakian says.

“We design for owner-occupiers. We don’t design for yield, we design for comfort, amenity, family living and long-term usability.”

That philosophy extends well beyond apartment layouts.

From landscaping and communal gardens to shared amenities and circulation spaces, Hyecorp’s developments are designed around how people actually live, something Abolakian believes has become increasingly important in Sydney’s apartment market.

“There was probably a period where having an approved project in market was enough,” he says.

“There wasn’t as much competition and if you built it, buyers would come. That’s no longer the case.”

“There’s more supply in the pipeline now, particularly with TOD precincts and low and mid-rise reforms opening up opportunities across Sydney. Buyers have more choice, so if you get the product wrong, they’ll simply go elsewhere.”

[smartcode_project:default project_id=110379 project_image_fid=311393]

The shift has forced developers to become more sophisticated in how they approach apartment design, particularly as owner-occupier expectations continue to rise.

For Hyecorp, that means thinking beyond who the buyer is today and designing for who they may become in five or 10 years' time.

“People buying now often aren’t moving in for several years,” Abolakian says.

“You might have a young couple buying today, but by the time they move in they may have children, older children, or changing lifestyle needs. You’ve got to think about how families evolve.”

That thinking also shapes Hyecorp’s approach to amenity, which positions wellness at the forefront.

[smartcode_project:default project_id=149594 project_image_fid=362634]

While resort-style facilities have become increasingly common marketing tools across Sydney apartment developments, Abolakian says the challenge is ensuring amenities are genuinely usable and appropriate for the scale of the project.

“If amenities are done right, they can materially improve the living experience,” he says, adding however that if you&nbsp;overdo it or get it wrong, you can end up with facilities nobody uses that simply create ongoing strata costs.”

That balance is something Hyecorp is aiming to strike with projects like Roseville Avenue, one of the group's upcoming Lower North Shore developments, which Abolakian describes as bringing a resort-style living experience into a metropolitan setting.

“It’s about creating something that feels special without being excessive,” he says.

“Good gardens, quality apartments, thoughtful amenity. Creating that resort feeling in a metro location.”

<img alt="Hyecorp" data-entity-type="file" data-entity-uuid="13c4c0f3-b1b7-44cf-9344-0b3d1d07797a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-02%20at%2012.14.57%E2%80%AFPM.png?VersionId=9OLWjyj2bYkDV35F78WJnyMSPfc2bJ2z" />

The focus on owner-occupier product comes as Sydney’s apartment market continues to navigate a difficult development environment.&nbsp;For Hyecorp, maintaining an in-house operating model across construction, sales, marketing and development management has become increasingly important in navigating that environment.

“We’ve always believed in keeping a lot of the process in-house,” Abolakian says.

“It creates efficiencies, but it also creates quality control. You can make faster decisions and ensure the end product stays aligned with the original vision.”

Despite the challenges, Abolakian believes demand for quality owner-occupier apartments across Sydney remains strong beneath the surface, particularly across established Lower North Shore suburbs where downsizers continue to seek new housing options close to existing communities.

“There are definitely people waiting,” he says.

“Once some of the broader uncertainty settles, whether that’s the global environment or some of the local economic noise, I think the right projects will perform very strongly.”

Hyecorp currently has three residential developments on the market across Sydney’s Lower North Shore.&nbsp;Audrey, St Leonards, positioned opposite Newlands Park, is nearing completion and preparing to welcome its first residents, with the project now almost sold out.

Hyecorp has also recently launched&nbsp;<a href="https://www.apartments.com.au/new-apartments/celine-chatswood-37-archer-street-chatswood-nsw-2067">Celine Chatswood</a>, an architectural tower, while continuing to deliver&nbsp;<a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet Roseville</a>, a more boutique scale of development with just 34 apartments.

Why Hyecorp continues to back Sydney's Lower North Shore apartment market

Southbank apartments

While South Bank generally refers to the collection of suburbs south of a river that dissects the city (think Brisbane or London), Melbourne's Southbank is a suburb in its own right, and it's arguably the most connected suburb in the whole of Melbourne.

Given its proximity to the city and the river, it's no surprise that the near-12,000 apartments make up over 98 per cent of dwellings in the 3006 postcode, the 2021 ABS Census showed.

Private investment from the commercial, retail, and hospitality sectors has matched the increase in density and population, turning Southbank into one of the city's most vibrant residential and cultural hubs, right on the Yarra River. The focal point of <a href="/new-apartments/southbank-vic-3006">Southbank</a> is the casino Crown Melbourne, having stood just off the river for the best part of two decades, while the Melbourne Arts Centre and the National Gallery of Victoria are also key destinations.

It wasn't until the 1990s when the suburb began its development, having predominantly been a commercial and industrial area. Now skyscrapers line the skyline.

Just over two decades ago, work began on <a href="/buildings/eureka-tower-7-riverside-quay-southbank">Eureka Tower</a>, which by the time it completed in 2006, was the tallest residential building in the southern hemisphere at nearly 300 metres, putting Southbank on the global map.

That was topped in 2020 when the 317-metre <a href="/buildings/australia-108-southbank-70-southbank-boulevard-southbank">Australia 108</a> was completed. Australia 108, only 200 metres from the front door of Eureka, comprises 1105 apartments across a 100-level building.

[smartcode_project:default project_id=582 project_image_fid=182857]

It was one of the first crop of towers with upscaled resident amenities, a trend which we've seen only grow in the last five years.

The building boasts two exclusive resident grand lobbies with lounges and a hotel-style porte-cochere. The Sky Rise Club features a heated indoor swimming pool, a sauna, a fully equipped gym, a theatre, a grand dining room, and a virtual golf room.

The Star Club, on Levels 70 and 71 and reserved for owners of the more premium apartments, features double-height, full glass infinity pools with spa facilities, along with two state-of-the-art gyms, dining rooms, expansive lounge rooms, a reading room, a private cinema, and a sky garden.

[smartcode_project:default project_id=582 project_image_fid=182879]

One of the newest tower developments in development in Southbank is <a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK by Beulah</a>. One of the two towers, at 366 metres, will be the tallest in Australia.

The 367-apartment development has already seen records shattered after it hit the market last year.&nbsp;A penthouse broke the Melbourne off the plan apartment record when it sold for $35 million, only to be topped by a sub penthouse <a href="/news/vic/sth-bnk-by-beulah-breaks-melbourne-apartment-record-again">that sold for $38 million</a>.

At the heart of&nbsp;<a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK by Beulah</a>&nbsp;will be the world’s tallest ‘greenscraper’—promising a green, active and connected urban environment with the future of retail innovation, customised hospitality, fresh food perspectives, cultural experiences, and vitality and wellness at its core.

A wellness precinct, located on an entire podium level in&nbsp;<a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK by Beulah</a>, is designed to be the city's world-class, all-in-one health and wellness destination backed by science's leading practices.

[smartcode_project:default project_id=8804 project_image_fid=221153]

International developer&nbsp;<a href="/developers/osk-property">OSK Property</a>&nbsp;is also working on one of the largest mixed-use precincts in Melbourne nearby.

<a href="/buildings/melbourne-square-93-119-kavanagh-street-southbank">Melbourne Square</a>, across an unrepeatable two-hectare site on City Road above Melbourne’s internationally acclaimed Arts Precinct, is well into its development, with two towers already completed and ready to move in.

[smartcode_project:default project_id=107714 project_image_fid=211867]

Currently under construction is <a href="/new-apartments/blvd-at-melbourne-square-19-hoff-boulevard-southbank">BLVD</a>, the latest stage which offers just over 600 apartments across a 74-level tower littered with facilities like&nbsp;private dining rooms, state-of-the-art gyms, a 25m indoor swimming pool, spa, sauna, golf simulator, entertainment and lounge spaces, and a double-storey co-working area on levels 55 and 56.&nbsp;

Multiplex is building BLVD, which is slated for completion in early 2028.

[smartcode_project:default project_id=2929 project_image_fid=201012]

While precedent has been set for towers getting up to 100 levels, not every development in Southbank is reaching that high into the sky.

Almost boutique at 62-levels is The Queensbridge Building by Time &amp; Place, MaxCap Group and Hickory, under construction on Queensbridge Street, just one street back from Crown Melbourne.

<a href="/new-apartments/the-queensbridge-building-southbank-90-queensbridge-street-southbank">The Queensbridge Building</a> will have 367 apartments which will share the building with the 188-room Hannah St. Hotel, operated by TFE Hotels.

[smartcode_project:default project_id=1504 project_image_fid=272071]

Only a handful of developments have completed in recent years. Central Equity's FOCUS is Melbourne's most awarded high-rise development in 2023.

<a href="/buildings/focus-melbourne-81-city-road-southbank">FOCUS</a>, rising 50 levels on City Road, won the&nbsp;prestigious Victorian Housing Award from the HIA, and also a coveted UDIA Victoria Award for Excellence.

[smartcode_project:default project_id=3260 project_image_fid=206139]

The $450 million FOCUS Melbourne comprises a&nbsp;mix of one, two, and three-bedroom apartments.

International developer Landence also recently completed its slice of Southbank. <a href="/buildings/the-evermore-southbank-58-66-dorcas-street-southbank">The Evermore</a>, a two-tower development designed by Hayball closer to the Botanic Gardens than the Yarra River, has over 50 different floorplans for buyers to choose from.

There are 366 one, two and three-bedroom apartments in The Evermore, atop a&nbsp;podium level housing upscale retail spaces.

[smartcode_project:default project_id=2087 project_image_fid=237888]

Enquiry for apartments in Southbank on Apartments.com.au has been dominated by&nbsp;first home buyers since the start of 2024.

They represent 46 per cent of enquiry in Southbank this year, followed by those buying their next home (34 per cent), and then investors (20 per cent).

Project searches in Southbank spiked by nearly 60 per cent from September to October, with enquiry also jumping by 75 per cent.

Southbank’s skyline evolution: The rise of new apartment living on the Yarra River

Southbank, <a href="/developments/southbank-vic-3006">the epicentre of Melbourne's culture scene</a>, is set to see a striking addition to it's residential pipeline with Young Group's Aurum on Clarendon,&nbsp;a distinct new landmark designed by award-winning architecture group Fender Katsalidis.

The development will stand out amongst <a href="/developments/southbank-vic-3006">Southbank's grand towers and high-rise buildings</a>, due in part to its graceful golden forms and sleek, modern design.

Aurum's signature circular motif is artfully incorporated into its street-level façade, engaging with passersby and introducing visitors to the exceptional design that lies within. As one's gaze ascends, the building's exterior transitions into a simpler, lighter expression of sleek, gridded glass, beautifully reflecting the brilliance of Melbourne's cityscape.

[smartcode_project:default project_id=4843 project_image_fid=70631]

There's three different categories of residences in Aurum; the Classic Residences, the Bespoke Residences and the Penthouse collection.&nbsp;

The Penthouses, elevated in scale and luxury, offer an extravagant amount of space and opulent details. What sets these residences apart is the personalised approach they offer, allowing residents to tailor the floor plan to suit their individual lifestyles.

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From the layout to the finest finishing touches, the Penthouses at Aurum are a testament to bespoke living at its finest.

The Bespoke Residences, on the other hand, are defined by their generous proportions and unique details. These residences feature a sculptured island bench, stone accents, and custom-made joinery that is exclusive to Aurum.&nbsp;

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For those seeking a more classic and sophisticated living experience, the Classic Residences at Aurum offer a blend of timeless design and modern comfort. The interiors boast rich stone finishes and parquetry flooring, elevating these residences to the pinnacle of elegance.

Private balconies, seamlessly integrated into the building's form, serve as light-filled outdoor retreats, providing residents with sweeping views of the surrounding cityscape.

[smartcode_project_cta:default project_id=4843]

The development will stand out amongst Southbank's grand towers and high-rise buildings, due in part to its graceful golden forms and sleek, modern design

alisonwarters@gmail.com

How Fender Katsalidis designed Aurum on Clarendon in Melbourne's Southbank

Developer Capital Alliance is offering prospective purchasers in The Normanby, the collection of apartments above the recently opened AC Hotel by Marriott, to secure an apartment at 2022 prices, before a price increase in the next few weeks.

Prices for the two and three-bedroom apartments are set to rise from July 1. Two-bedroom apartments are currently priced from $812,400 and three-bedroom apartments from just over $1.4 million.

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Comprising 101 residences, Normanby boasts expansive views of the CBD and Bay from every apartment, with only a select number of apartments across each level.&nbsp;

Designed by DKO Architecture, the residences provide a blend of style and functionality, equipped with gas cooking and ducted air-conditioning, along with a careful selection of fixtures and finishes.

Every apartment includes a personal storage cage on the residential level, eliminating the hassle of frequent trips to the basement.

[smartcode_project:default project_id=1487 project_image_fid=92324]

Residents enjoy full access to AC Hotel Level 7, which features a lounge, bar, and restaurant, while membership options are also available for those seeking access to the gym and pool amenities.

Normanby provides secure residential access and private residential elevators, in addition to a contract-ban on short-stay accomodation, meaning residents won't be disrupted by transient visitors.&nbsp;

[smartcode_project_cta:default project_id=1487]

Comprising 101 residences, Normanby boasts expansive views of the CBD and Bay from every apartment, with only a select number of apartments across each level

Final chance to buy into Southbank's The Normanby before prices increase 

Melbourne's iconic Australia 108 building is offering exclusive price reductions of up to a massive $225,000.

The developers, World Class Global, have cut the price&nbsp;for a limited-time only on the project's Cloud Residences, a collection of three-bedroom apartments which have come down from $1,823,000 to $1,567,000.

Australia 108, which became Melbourne's tallest tower when it was completed in 2020, was designed by Fender Katsalidis and features interiors by Carr Design.

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The tower, over 316 metres tall, features a range of hotel-style amenities scattered across it's 100 levels.

The building boasts two exclusive resident grand lobbies with lounges, along with a hotel-style porte-cochere, providing a grand entrance.&nbsp;

The resident facilities at Australia 108 are unparalleled, with the Sky Rise Club on Level 11 offering a range of amenities to enhance residents' lifestyles, including a heated indoor swimming pool, a sauna, a fully equipped gym, a theatre, a grand dining room and a virtual golf room.

[smartcode_project:default project_id=582 project_image_fid=182879]

For an even more elevated experience, the Star Club on Levels 70 and 71 offers 360-degree panoramic views of the city, garden, and bay.

The exclusive space features dual, double-height full glass infinity pools with spa facilities, along with two state-of-the-art gyms, dining rooms, expansive lounge rooms, a reading room, a private cinema, and a sky garden.

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The apartments themselves feature floor-to-ceiling glass windows which maximises natural light and captures sweeping views.&nbsp;

Resident's will also benefit from being within proximity to Melbourne's vibrant arts and entertainment precincts which are just a short walk away, offering a range of dining, shopping and recreational opportunities.&nbsp;

[smartcode_project_cta:default project_id=582]

Australia 108, which became Melbourne's tallest tower when it was completed in 2020, was designed by Fender Katsalidis and features interiors by Carr Design

Over $200k price reductions at Southbank's Australia 108

Growland Group are looking to tap into the investor market at their Southbank development, Marco.&nbsp;

For a limited time only, the developer is providing a rental guarantee of up to five per cent for the first 12 months of ownership to lure investors.

Located in the vibrant Southbank precinct, Marco presents a unique fusion of urban convenience and luxurious living, with an array of world-class amenities and proximity to key attractions.

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One of the standout features of Marco is its unparalleled location. Situated just a stone's throw away from the Southbank retail and dining precinct, residents will have an extensive selection of culinary delights and shopping options at their doorstep.

The renowned NGV (National Gallery of Victoria) and the Arts Centre Melbourne are also within easy reach from Marco.&nbsp;

The convenience of Marco Melbourne extends beyond its immediate surroundings. A quick drive will take residents to the bustling CBD, along with Port Phillip Bay which is also in close proximity.

Within Marco, investors and tenants will be greeted with a wealth of amenities, including a pool, a private cinema room, state-of-the-art gym and a residents lounge.

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The two-tower development comprises a total of 432 apartments across the 36-level east tower and 40-level west tower.

The apartments themselves feature premium Smeg and Miele appliances, with select units boasting marble kitchen benchtops and integrated fridges and washing machines.&nbsp;

There's only one and two-bedroom apartments remaining in Marco, with prices from&nbsp;$390,000.

[smartcode_project_cta:default project_id=257]

Growland offer investor rental guarantee at Marco, Southbank apartments

The sculptural masterpiece STH BNK By Beulah is set to become Australia’s first five-minute vertical city, providing residents with a plethora of everyday essentials and world-class offerings within walking distance.

The vertically integrated city within a city will offer over 100 shops spanning retail, everyday essentials, food and dining (inclusive of a fresh food market), a comprehensive wellness precinct, a childcare centre, extensive green spaces including rooftop gardens and eight pocket parks dotted throughout, an innovative cultural centre in partnership with Centre Pompidou, over 50,000 sqm of commercial office space, in addition to a diverse residential offering.

Beulah's five-minute vertical city is substantially lower than the 15-minute benchmark set by planning models across the world, which was first introduced by French-Colombian scientist Carlos Moreno in 2016.

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In 2019, the Victorian Government launched a 20-minute neighbourhoods pilot program, following research that 20 minutes is the maximum time that people are willing to walk to meet their daily needs locally.

There is also evidence that active, walkable places produce a wealth of health, social, economic and environmental benefits.

At the helm of the globally collaborative project is Beulah Executive Director Adelene Teh, who says STH BNK offer residents a cosmopolitan lifestyle that prioritises not just health and wellness, but ultimate convenience in the heart of Melbourne.

“Evidence suggests that active, walkable places produce not only health and environmental benefits, but social and economic too. STH BNK By Beulah is redefining what can be made possible by exploring true vertical living."

"By providing a mini metropolis that truly has everything within walking distance, individuals can spend more time on what matters most, as opposed to travelling or commuting.”

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The State Government’s program outlines six key focus areas, with STH BNK By Beulah covering all six areas and more, to create a thriving mini-metropolis in the heart of Melbourne.

The first hallmark is being safe, accessible and well connected for pedestrians and cyclists to optimise active transport. STH BNK By Beulah achieves this via safe cycling networks, walkability and the STH BNK Auto Club: a fleet of 50 cars for residents to book via a car-share subscription. STH BNK By Beulah also provides services and destinations that support local living via childcare and play spaces, co-working spaces and art and culture offerings via a global partnership with Centre Pompidou.

Open spaces are addressed via local playgrounds, rooftop gardens, pocket parks and sport and recreational facilities, including exercise equipment and meditation zones, while urban farms, an outdoor cinema, cooking and dining facilities allow for improved wellbeing as a result of increased connection time.

Other hallmarks the project meets include delivering housing at density, including housing diversity across multiple sizes and price points, as well as facilitating access to quality public transport, with an abundance of trams, trains and buses within reach.

The thriving economy hallmark takes shape in the form of a world-class retail precinct, fresh food market, world-class entertainment and a global hotel.

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According to the government’s pilot program, if 50 per cent of short private vehicle trips were instead made walking, it would save the Victorian economy approximately $165 million a year in congestion, health, infrastructure and environmental costs. This projection indicates the benefits yet to come with STH BNK’s further reduced travel time.

In addition, by participating in 15-minutes of walking a day, five days a week, the disease burden from physical inactivity would reduce by about 13 per cent, while walkable streets and community spaces can provide critical opportunities for social interaction and social cohesion.

UNStudio Founder Ben van Berkel said it was important to create a building that does much more than just incorporate planting and green areas, to instead be highly biophilic.

“Mixed-use projects are extremely complex. They need to consolidate many different functions for a wide variety of user groups. With STH BNK By Beulah, this also involves a vast public component, so we had to programme the project in the right way to be able to have something for everybody on the site; to create a village in the city for a healthy and inclusive community,” he said.

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Beulah's five-minute vertical city is substantially lower than the 15-minute benchmark set by planning models across the world, which was first introduced by French-Colombian scientist Carlos Moreno in 2016.



STH BNK By Beulah to become Australia’s first ‘five-minute vertical city’

It’s quite rare to be able to buy into a completed and ready-to-move-in residential development in the heart of Melbourne, much less one that spans an entire inner-city block.&nbsp;

But buyers can still find a home in OSK Property’s Southbank development, Melbourne Square, which comprises two towers; the East and West Tower, along with a curated selection of retail, dining and amenity offerings.&nbsp;

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The design, by Cox Architecture, focussed on creating a community where every resident’s needs could be met within a short walk, with Southbank home to some of Melbourne’s most dynamic activity zones, including the arts precinct, the Yarra River, a number of sporting venues and open green spaces.&nbsp;

Two and three-bedroom floorplans can still be purchased in the development, with prices starting from $759,300 for a two-bed, two-bath apartment that spans 68 sqm.

Each apartment features a timeless design, with the interior curated in a joint venture by Carr Interior Design and Coco Republic. &nbsp;

The three-bed offerings are the only apartments to include a car space, which is quite a beneficial feature for an inner-city development, where parking can often be hard to find.&nbsp;

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A range of luxury penthouse apartments are also on offer, with the three-bed floorplans covering an expansive 192 sqm for just over $3.6 million. These residents will also benefit from a 25-metre pool, a gym and associated spa deck, which is only accessible to premium apartment buyers that are situated from level 54 and up, with the exclusive Sky Club rounding out the luxe offerings.&nbsp;

A communal podium is located on level eight in Melbourne Square, expanding further on the curated amenity within the development. Spread across two floors of both towers, the area features a 50-metre pool, along with an expansive park, a gym, seating and lounge options, as well as several dining spaces.&nbsp;

Over 6000 sqm of public space has also been included across the ground floor, with a landscaped public park, along with a number of green spaces and walkways, in addition to a full-line double-storey Woolworths, and a plethora of eateries, retail and dining options, from espresso bars, to cafes and bottle shops.&nbsp;

[smartcode_project_cta:default project_id=2929]

Each apartment features a timeless design, with the interior curated in a joint venture by Carr Interior Design and Coco Republic

Limited opportunities remain at Southbank's completed Melbourne Square apartment development

Set on an elegant tree-lined boulevard in Southbank’s Arts Precinct and surrounded by 3,745 sqm of lush green parkland, Melbourne Square is an award-winning inner-city address in an established and thriving precinct delivering resort-style amenities and elevated wellbeing.

Developer OSK Property has built a successful reputation in the suburb having recently completed the build of the first two towers at Melbourne Square, as well as a heap of community amenity including a two-level Woolworths and a 3,745 sqm park designed by Taylor Cullity Lethlean.

Now the group has launched the third tower in the precinct, BLVD at 19 Hoff Boulevard, which will deliver a much needed 619 new apartments to the chronically under supplied Melbourne apartment market.

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Renowned architecture firm Cox Architecture is behind the design of the sculptural tower, having created the first two glass-swatched towers in the precinct with prices ranging from $517,000 to $5.5 million.

The second stage is one of the first residential projects in Australia to be registered for WELL Certification, offering residents a healthy environment as well as future-proof living with smart technology and co-working spaces.&nbsp;

Asia Pacific International WELL Building Institute's Vice President, Jack Noonan said they know that buildings must respond better to create places that feel healthier, happier and deliver more sustainable outcomes.

“This is why BLVD is one of the first residential projects in Australia registered to pursue WELL Certification. OSK Property has applied this world-leading framework from the ground up with a holistic suite of integrated solutions, including optimised access to natural light, great thermal comfort and indoor air quality, through to social, fitness and mental wellbeing amenities. Together, they create an ecosystem to help you live well every day,” Noonan said.

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Local buyers, mainly from Southbank, Docklands and the CBD are tipped to engage the most with the new tower, with strong interest already generated from buyers who purchased in the previous stage.&nbsp;

Uninterrupted view lines across the Arts Precinct, Royal Botanic Gardens and Sidney Myer Music Bowl have underpinned a lot of the interest so far, as has the ability to buy into the already established Melbourne Square community, with a full-line Woolworths, childcare centre and 3,745 sqm of established gardens, cascading water and leafy grounds.&nbsp;

Cox Architecture Director Paul Curry says with the successful completion of Stage 1, Melbourne Square is the largest consolidated site in Southbank.

“Creating any lasting legacy is ambitious, but four years ago, a vision for Melbourne Square emerged to do just that," Curry says.

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"A place enhanced by the cultural Arts Precinct and iconic city venues around it, and a place that enriches life for those within it, creating a true Melbourne community amidst thriving gardens, parks and genuine amenity.

"Now we present the next evolution, BLVD. The tallest building currently planned on site that extends the language of landscape and surrounding nature. With gently rounded corners and curved glazing, the tower rises to the sky with a softness in its architecture and elegance in design. Below it, the podium displays a fine degree of materiality and focus on articulation from the ground level."

A mix of one, two,three-bedroom and penthouse apartments are on offer at BLVD, with the interiors designed by Carr.

Prices start from $517k for a one-bedroom apartment and $714k for a two-bedroom apartment. The three-bedroom apartments are generous in size in comparison to other high-rise residential projects, spanning from 106 sqm to 177 sqm, with prices for those beginning at $1.146 million.&nbsp;

Construction of BLVD is set to commence in the first quarter of 2024, with completion slated for late 2026 / early 2027.

[smartcode_project_cta:default project_id=107714]

Now the group have launched the third tower in the precinct, BLVD at 19 Hoff Boulevard, which will deliver a much needed 619 new apartments to the chronically under supplied Melbourne apartment market.

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