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<a href="https://www.apartments.com.au/developers/doma-group">DOMA Group</a> has unveiled plans for Newcastle Quay, a major waterfront precinct set to reshape Newcastle’s harbourfront and further cement the city’s evolution into one of Australia’s fastest-growing urban destinations.

Positioned on a prominent site within the Honeysuckle Precinct, Newcastle Quay will span both sides of Honeysuckle Drive, connecting directly to the Foreshore Promenade and sitting within walking distance of Newcastle Interchange.

The mixed-use precinct is planned to include around 1,000 apartments, more than 28,000 sqm of commercial office space, 6,000 sqm of retail, and a 180-room hotel anchored by a 500-seat conference and exhibition centre, a move expected to significantly lift Newcastle’s ability to attract major business and tourism events.
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<img alt="DOMA Group unveil Newcastle’s future with transformative Newcastle Quay Precinct" data-entity-type="file" data-entity-uuid="0642ca09-67cc-4920-8a7e-d18df9729b4e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/%3D.png?VersionId=CnDmZxQnOV5LN0ePu7jaFBXC9tPGTrWm" />

The proposal builds on DOMA’s growing Newcastle pipeline, where the developer has already delivered 866 apartments and more than 19,000 sqm of commercial and retail space since entering the market in 2013. A further $2 billion pipeline is also in the works across the city.

The masterplan and executive architecture are led by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, with building concepts developed alongside Stewart Architecture, Architecture AND and Curious Practice, and landscape design by <a href="https://www.apartments.com.au/landscape-architect/turf-design">Turf Design Studio</a>. More than 11,000 sqm of open space is planned, including a new waterfront park known as Honeysuckle Green, upgrades to Tree of Knowledge Park, and new pedestrian and cycling links throughout the precinct.

At the centre of the development will be the heritage-listed Wickham School of Arts, which DOMA plans to reposition as the civic and cultural heart of the precinct through restaurants, bars, events and public gathering spaces.

The broader vision is to create a genuine day-to-night precinct, blending residential, hospitality, retail, commercial and cultural uses in a way Newcastle has yet to experience at this scale.

DOMA Group Managing Director Jure Domazet said the aim was to create a precinct that becomes synonymous with Newcastle itself.

“Our vision is to create a precinct that not only delivers high-quality commercial, residential, and cultural spaces, but also defines Newcastle’s waterfront for generations to come,” Domazet said.

DOMA’s Chris Farrington said the project would fundamentally change how Newcastle is perceived nationally.

“Newcastle Quay is more than a waterfront precinct, it is a national announcement for this city,” Farrington said.

“A world-class Conference and Exhibition Centre will open Newcastle and the Hunter Region to a national and international audience for the first time, delivering something this city has long deserved.”

The project is expected to generate more than 4,000 full-time equivalent jobs and act as a major economic driver for the Hunter region through tourism, business events, hospitality and commercial investment.

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Minister for Planning and Public Spaces Paul Scully said the final parcel of harbourfront land will be a "true mixed-use precinct destination that includes housing, hospitality and entertainment, commercial spaces, retail, economic and social outcomes."

Joel Robinson

DOMA Group unveils 1,000-apartment Newcastle Quay precinct

ASX-listed developer Stockland is continuing to ramp up its return to the apartment market.

In late 2024, <a href="https://www.apartments.com.au/developers/stockland">Stockland</a> announced it would resume apartment development after a 13-year absence, launching with Stanton Place in Rosebery, a 144-apartment project now under construction.

Last week, the developer unveiled plans alongside the NSW Government for a <a href="https://www.apartments.com.au/news/nsw/first-look-stockland-nsw-gov-unveils-plans-for-3-300-home-waterloo-south-renewal">3,300-home precinct in Waterloo</a>.

Now, Stockland has shifted its focus in St Leonards, lodging a State Significant Development Application (SSDA) to replace an approved 42-storey office tower with a 52-storey residential development comprising more than 500 apartments.

<img alt="Stockland" data-entity-type="file" data-entity-uuid="8979095e-9072-432b-a7da-58b180cf994d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-20%20at%204.27.36%E2%80%AFPM.png?VersionId=_jbRXYOafCSHjwsz.yQCNIymMyCj8zkF" />

An existing 14-storey commercial office building would make way for a 264.5-metre tower designed by <a href="https://www.apartments.com.au/architects/bates-smart">Bates Smart</a>. The project would deliver 538 apartments, including 30 affordable housing units, alongside retail and commercial uses at the podium and ground plane.

It will rise from&nbsp;<a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">601 Pacific Highway</a>, a prominent 2,844 sqm triangular site adjoining Mitchell Plaza and fronting Pacific Highway.

The development is being pursued under the Housing Delivery Authority pathway after Stockland’s proposal was declared State Significant Development earlier this year.

<img alt="First look: Stockland plans 52-storey mixed-use tower with 538 apartments in St Leonards" data-entity-type="file" data-entity-uuid="67f40f35-0458-47ab-80c0-a4e98a31838a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/stockland%201.png?VersionId=rxXe3njr.auuGDuiR0k42uI8Zr4K.gZA" />

The apartment mix includes 217 one-bedroom apartments, 191 two-bedroom apartments, 122 three-bedroom apartments, and eight four-bedroom residences. Six basement levels would accommodate 300 car spaces, bicycle parking, loading areas, and building services.

Bates Smart said the project has been shaped around a series of urban design principles intended to improve the pedestrian experience and respond to the evolving character of St Leonards.

“With a boundary length of almost 75m along Pacific Highway and 70m along Atchison Street to the north, complying simply with the LEP envelope and required setbacks would result in a very wide tower form on the skyline,” the architects noted in the Design Report.

“We propose breaking the tower form into two defined volumes rather than a singular form.”

The podium has similarly been articulated into separate forms to reduce perceived bulk and create a finer-grain response to Mitchell Plaza and Atchison Street. Retail tenancies would activate the lower levels, while commercial space is proposed across the podium floors.

<img alt="First look: Stockland plans 52-storey mixed-use tower with 538 apartments in St Leonards" data-entity-type="file" data-entity-uuid="90149990-0551-40d2-bd48-14b69a015d12" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/stockland%202.png?VersionId=MJC2KIIWFvU9FPGr3IVq09gkRN_gX3m8" />

The design also places a significant emphasis on communal amenity and environmental performance. Residents would have access to landscaped terraces, wellness areas, flexible workspaces, and rooftop communal facilities, while the all-electric building is targeting an average 7-star NatHERS rating. Bates Smart said the project incorporates passive design measures including natural ventilation, integrated shading, and lightweight façade systems.

Planning documents note the site is around 350 metres from St Leonards Station and 400 metres from the metro entrance, placing it within one of Sydney’s most connected emerging residential precincts.

The project arrives amid a wave of large-scale redevelopment proposals reshaping the St Leonards and Crows Nest skyline. Several nearby sites have recently been approved, lodged, or declared under the Housing Delivery Authority pathway as the precinct absorbs significant residential density uplift tied to transit-oriented development policies.

<img alt="Stockland" data-entity-type="file" data-entity-uuid="7805bd7c-dfd7-4b35-8e15-ec4a8bf8e61b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-20%20at%204.27.26%E2%80%AFPM.png?VersionId=iY12K2m2bQ6EeDnshqfZC9rbLx_oEugP" />

Bates Smart’s report describes St Leonards as transitioning away from its historical commercial identity toward a more mixed-use urban environment.

“In recent years, the character of St Leonards has started to evolve, driven by new development trends along the Pacific Highway corridor,” the report said.

“These projects have increasingly focused on residential accommodation, marking a shift from its purely commercial roots.”

Sekisui House Australia is currently selling Waterstone down near Newlands Park, in a pocket being branded "St Leonards South." Hyecorp recently completed Audrey in the same pocket.

First look: Stockland plans 52-storey, 538-apartment St Leonards tower

ANZ believes the Reserve Bank is in no rush to move again.

Following the release of the May Monetary Policy Board Minutes, ANZ has taken the view that the RBA is now firmly in a holding pattern, with the cumulative impact of previous rate hikes giving the Board scope to assess how the economy evolves from here.

That positioning, in ANZ’s view, makes a June rate hike unlikely.

The bank continues to expect the cash rate to remain unchanged at 4.35 per cent for an extended period, with the RBA adopting what is effectively a wait-and-see approach.

The Minutes point to a Board that sees financial conditions as already restrictive, but without a clear read on just how restrictive they are. That uncertainty has shifted the focus away from immediate policy action and toward monitoring both domestic conditions and global developments, particularly the conflict in the Middle East.

As ANZ interprets it, the Board is deliberately avoiding strong forward guidance.

Instead, it is allowing itself flexibility, acknowledging that monetary policy has limited ability to influence the near-term trajectory of inflation, while also recognising that economic growth is likely to remain below potential for some time.

Despite that pause in momentum, ANZ notes that the Board still carries a tightening bias.

The Minutes reveal that, in weighing up its decision, the Board seriously considered another 25 basis point increase. The key debate centred on the trade-off between inflation and activity, particularly in the context of global uncertainty.

Ultimately, most members leaned toward the inflation side of that equation.

Underlying inflation is still expected to remain above target for an extended period, regardless of how external risks evolve. That has led to a view within the Board that the risks to its inflation objective have increased, and that the current cash rate may not be sufficiently restrictive to fully contain those pressures.

That’s important.

While the decision, for now, is to hold, the underlying tone of the Minutes suggests the door to further tightening has not been closed.

ANZ also points to commentary from Assistant Governor (Economic) Sarah Hunter, who highlighted the risk that inflation could pass through the economy more quickly and broadly than in previous cycles. Both Hunter and a majority of the Board expressed concern that inflation expectations could become less anchored after such a prolonged period above target.

That combination, persistent inflation and the risk of expectations shifting, is what continues to underpin the RBA’s cautious stance.

However, where ANZ diverges from the RBA is on the outlook for activity.

The Board appears relatively comfortable with current spending patterns, effectively downplaying recent declines in business and consumer sentiment. It notes that sentiment has historically been only weakly correlated with actual spending, and that feedback from its liaison program has not yet pointed to a meaningful slowdown in consumption.

ANZ is less convinced.

The bank believes the link between household disposable income, sentiment and spending is more direct than the RBA is currently acknowledging. With inflation continuing to erode real incomes, ANZ expects household spending to soften more materially than the central bank is forecasting.

That divergence matters because it shifts the balance of risk.

If activity weakens more than expected, the trade-off between inflation and growth changes. In ANZ’s view, that would reduce the need for further tightening and reinforce the case for the RBA to remain on hold.

It also suggests that the current policy setting may already be doing more work than the Board fully appreciates.

The broader takeaway from ANZ’s interpretation is that the RBA is walking a narrow path.

On one side sits the risk of inflation remaining elevated for longer than expected. On the other is the growing pressure on households and the potential for a sharper slowdown in activity.

For now, the Board is choosing to wait.

But it is a pause that still carries an underlying tightening bias, rather than a clear pivot toward easing.

In practical terms, that leaves the cash rate anchored at 4.35 per cent for the foreseeable future, with the next move still uncertain.

For borrowers, it reinforces the reality that relief is not imminent.

And for the broader economy, it highlights the delicate balance the RBA is trying to strike, between bringing inflation back to target and avoiding an unnecessarily sharp slowdown in growth.

According to ANZ, it is a balance that is becoming increasingly difficult to maintain.

RBA to hold rates for "prolonged period" rather than hikes: ANZ

<a href="https://www.apartments.com.au/developers/venturecrowd-property-projects">VentureCrowd</a> is down to the final Canopy Villa release at Cumulus Grand Villas in Carrara, as construction continues on the 59-residence gated community positioned above 100 hectares of natural savanna on the Gold Coast.

The remaining Canopy Villa forms part of one of four collections within the <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>-designed community and has attracted interest from buyers seeking larger-format homes that combine privacy, security and low-maintenance living. Positioned within a private cul-de-sac and facing a protected black she oak forest, the four-bedroom villa includes a large private outdoor area suited to pet owners and families wanting more flexible space.

<a href="https://www.apartments.com.au/new-townhouses/cumulus-grand-villas-carrara-17-baltimore-court-carrara-qld-4211">Cumulus Grand Villas</a>, located at 17 Baltimore Court, comprises a mix of three and four-bedroom villas across the Skyline, Canopy, Savanna and Broadview collections. Prices currently range from $1.455 million to $1.895 million, with the final Canopy Villa priced from $1.825 million.

[smartcode_project:default project_id=135663 project_image_fid=360477]

The Canopy Collection villas offer four bedrooms, 2.5 bathrooms and approximately 245 sqm of internal space, alongside double garages and landscaped private areas. Expansive glazing, open-plan living spaces and private balconies have been designed to maximise natural light and outlooks toward the surrounding savanna landscape.

Construction is now underway across the fully funded development, which VentureCrowd says has become an increasingly important consideration for buyers assessing off-the-plan opportunities on the Gold Coast. The project is being delivered by <a href="https://www.apartments.com.au/builders/devcon">Devcon Property Group</a>, which has operated in South East Queensland since 1993 and delivered more than 1,000 homes across the region.

VentureCrowd Director of Property David Whitting previously said the project responds to changing buyer priorities in the prestige Gold Coast market.

“Flexible floorplans have proven particularly relevant for purchasers aged between 40 and 65, including next home buyers, downsizers and investors,” Whitting said.

[smartcode_project:default project_id=135663 project_image_fid=360505]

The buyer profile at Cumulus has reflected that shift toward owner-occupier-driven demand. Stuart Towns and Tracey Loynes recently purchased a Canopy Villa, drawn to both the lifestyle offering and the flexibility the home provided for their next stage of living together.

The couple, who met three years ago, sold their Robina home earlier this year after identifying what they saw as strong long-term investment potential at Cumulus while remaining within the same Gold Coast market. The villa’s private backyard was a major drawcard for their dog Luna, while proximity to golf courses including Emerald Lakes also aligned with their lifestyle interests.

Beyond the residences themselves, the community has been planned around shared lifestyle and recreation amenities. The Infinity Terrace will include a 20-metre heated pool, barbecue facilities, alfresco dining spaces and elevated retreat areas overlooking the surrounding landscape. Walking trails, a private nature reserve, orchard and herb garden are also integrated into the masterplan.

[smartcode_project:default project_id=135663 project_image_fid=360473]

BDA Architecture Director Darren Greenaway said the design approach was heavily influenced by the site’s outlook and secluded setting.

The practice sought to create what Greenaway described as a “little piece of paradise,” drawing inspiration from the elevated views, surrounding greenery and quiet location.

<a href="https://www.apartments.com.au/developments/carrara-qld-4211">Carrara</a> continues to attract buyers seeking larger homes within proximity to the coast but without direct beachfront pricing. Cumulus sits within easy reach of Broadbeach, Pacific Fair, Robina Town Centre and the M1, providing connections north to Brisbane and south toward the Gold Coast Airport and northern New South Wales.

The first stage of Cumulus Grand Villas is targeting completion in 2026.

[smartcode_project_cta:default project_id=135663]

VentureCrowd nears sell-out of Canopy Collection at Cumulus Grand Villas in Carrara

Waverley Council has made a call that many councils have been reluctant to make publicly. Growth is coming, regardless of who controls it.

The release of the Bondi Junction Vision and Master Plan is less about whether the Eastern Suburbs’ primary centre will change, and more about how that change is shaped, funded, and ultimately experienced on the ground. Waverley Council has released a 100-page plan which is effectively the first comprehensive blueprint for Bondi Junction in over two decades, and in doing so, signals a clear shift in how councils are positioning themselves in the current planning environment.

For the past 18 months, the conversation across New South Wales has been dominated by the State Government’s Low and Mid-Rise Housing reforms and the emergence of the Housing Delivery Authority pathway. Both have created faster, more centralised avenues for development approvals, particularly in well-located, infrastructure-rich areas like Bondi Junction.

Waverley Council’s response has been to move early, and decisively.

Rather than react to individual proposals as they come through the HDA or broader State-led reforms, Council has sought to establish a clear, place-based framework that sets the terms for how Bondi Junction evolves. The underlying position is relatively straightforward: if densification is inevitable, it should be tied to infrastructure, public domain improvements, and a cohesive vision for the centre, not delivered piecemeal through ad hoc applications.

<img alt="bondi junction" data-entity-type="file" data-entity-uuid="7f1f729c-ed99-4c6c-bf87-ffbce6991941" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-19%20at%209.58.16%E2%80%AFAM.png?VersionId=ULX4OlXKjeJ5BvNCNGL86evgXCjCfMih" />

At its core, the document is attempting to reposition Bondi Junction from what it largely functions as today, a transport interchange anchored by a major retail centre, into something far more layered. The ambition is to transform it into what the plan describes as the “civic and cultural heart of Sydney’s East,” a place that is active beyond commuting hours and capable of supporting a broader mix of uses, experiences and communities.

That repositioning is built around four key ambitions.

The first is to create a true destination. Bondi Junction already attracts significant foot traffic, with more than 86,000 daily transport users and millions of annual retail visits, but much of that activity is transient. People pass through, rather than stay.

The Master Plan seeks to change that dynamic. It leans heavily into the idea of an “18-hour economy,” extending activity well beyond traditional retail hours through dining, cultural programming, events, and a more active night-time offering. This is not just about adding more hospitality venues, but about fundamentally shifting how the centre operates, from a daytime shopping destination to a place that functions across the full span of the day and into the evening.

Oxford Street Mall sits at the centre of that shift.

Long seen as underperforming relative to its potential, the Mall is identified as one of the key catalyst projects in the plan. It is to be reimagined as a day-to-night spine, combining retail, dining, wellness and cultural uses in a way that creates a continuous flow of activity. Outdoor dining, rooftop venues, laneway activation and a curated events program are all part of the strategy, alongside significant public domain upgrades that aim to improve comfort, safety and usability.

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The second ambition is to transform Bondi Junction into a world-class interchange.

Despite being one of the most heavily used transport nodes in Sydney, the current experience is fragmented. Connections between the station, Westfield, Oxford Street Mall and surrounding streets are often unclear, and major roads create physical barriers that disrupt pedestrian movement.

The Master Plan proposes a more seamless, people-focused network. That includes clearer pedestrian links, improved wayfinding, better integration between transport modes, and a rethinking of how arrival into the centre is experienced. The aim is to shift the perception of Bondi Junction from a place people move through, to a place they arrive in.

The third ambition focuses on greening and open space.

One of the more consistent pieces of community feedback throughout the Vision phase was the need for more greenery, better public spaces, and a more comfortable urban environment. Despite being surrounded by major parks, Bondi Junction itself has relatively limited accessible open space, with much of the public realm dominated by hard surfaces and traffic infrastructure.

The plan responds with a network of new and upgraded public spaces, increased tree canopy, and what it terms the “Parkline,” a green link connecting Waverley Park through to Centennial Park. This is not just about aesthetics. It is about addressing heat, improving liveability, and ensuring that increased density is matched by access to high-quality outdoor space.

The fourth ambition is perhaps the most important from a development perspective: growth that gives back.

Bondi Junction is already the primary location for new housing supply in the Waverley LGA, and that is expected to continue. The area carries a target of 2,400 new dwellings by 2029, with further growth projected beyond that as demand for well-located housing continues to rise. The Master Plan does not seek to limit that growth. Instead, it attempts to shape it.

New housing is to be concentrated around transport, with stepped building heights designed to protect the character of surrounding neighbourhoods. At the same time, the plan introduces a more explicit link between development uplift and public benefit. This is where value capture becomes central.

The document outlines a framework where increased development potential is tied to contributions that fund public domain improvements, community infrastructure, open space, and affordable housing. It is an approach that recognises that much of the transformation of Bondi Junction will be delivered by the private sector, but seeks to ensure that the benefits of that growth are shared more broadly. The Civic Precinct is a key part of that equation.

Leveraging Council-owned land, the plan proposes a consolidated civic and cultural hub centred around Ebley Street. This would include new community facilities, cultural spaces, and potentially a new Council Chambers, creating a focal point for civic life that currently does not exist in Bondi Junction at scale.

It is one of several catalyst projects identified in the Master Plan, alongside the Oxford Street Mall transformation. These projects are intended to anchor change, acting as early interventions that unlock broader investment across the precinct.

Importantly, the Master Plan is not just a design document. It includes a delivery framework that sets out how these ambitions are intended to be realised.

Council is explicit in acknowledging that it cannot deliver the transformation alone. Implementation will require coordination between State agencies, private developers, landowners and the community, with a mix of planning agreements, infrastructure contributions and direct delivery mechanisms used to fund and stage improvements over time.

The plan outlines a mix of short-term, medium-term and long-term actions, from immediate public domain upgrades and planning controls, through to larger-scale projects that will unfold over the next decade or more. In practical terms, the next 12 to 24 months will be the most important.

This is when the Master Plan will move through exhibition, refinement and eventual adoption. It is also the period in which Council will seek to embed the framework into its planning controls, giving it weight in the assessment of future development applications.

Council officers have indicated that once the Master Plan is in place, it could be used as a benchmark when assessing Housing Delivery Authority proposals, and potentially reduce the need for further HDA declarations within Bondi Junction. In effect, it is an attempt to bring planning control back to the local level, while still aligning with State housing targets.

That tension between State-led reform and local planning control is not unique to Waverley. It is playing out across Sydney.

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If delivered as intended, Bondi Junction will become denser, more active, and more complex. It will support more residents, more workers, and a wider range of uses, extending beyond its current retail core into a more layered urban environment.

“The civic and cultural heart of Sydney’s East”: Bondi Junction masterplan revealed

Sunshine Coast apartments

Renowned Sunshine Coast developer Cube Developments is down to its last remaining penthouse at its under-construction Bokarina Beach apartment development, Oasis.

The two-level penthouse, priced at $5.6 million, spans 242 sqm internally and more than doubles in size given the generous amount of terracing and a private rooftop which takes the total space to well over 500 sqm.

<img alt="Oasis" data-entity-type="file" data-entity-uuid="174c9ada-40a7-4521-947d-1fe02aa7fe50" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-15%20at%203.13.22%20pm.png?VersionId=N3fPGSoM8PlqqQgAQ8DHy2YH_Z6G5FPw" />

Local Queensland architect Cameron Sheedy, responsible for the design of Oasis, emphasised the importance of prioritising airflow and natural light, creating what he described as "an extremely superior product" in the market.&nbsp;

The penthouse features soaring double-storey glass windows that provide expansive ocean and hinterland views.

<img alt="Oasis" data-entity-type="file" data-entity-uuid="061c14ec-b46f-4882-a5be-3138b800164a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-15%20at%203.13.35%20pm.png?VersionId=nxjNi1i8.4DDKZnyeL5Np.xtvhgMtezy" />The view from the penthouse. Image supplied

Cube Developments' interior designer Sarah Busch spoke of the subtle yet elegant design choices within the penthouse, featuring soft and neutral tones that complement the expansive views.

The penthouse extends onto a private landscaped rooftop terrace complete with a pool, custom joinery with BBQ, kitchen garden and zoned entertainment seating spaces. 
 
The penthouse includes a large glass surround fireplace, with meticulously considered joinery designed to appear closer to an art piece addition. The kitchen features an integrated fridge, Smeg appliances, and a full suite of laundry appliances tucked away in a dedicated laundry space.

An elevated and private home office ensures future residents will be able to work from home with ease.

Buyers of the penthouse also have the option to add a window covering package, adding to the convenience and comfort of their new home.

Penthouse buyers will also benefit from Oasis’ boutique amenities, including open-air dining with pizza oven, gym, swimming pool, and an outdoor beach shower set among the secure and lush garden compound.&nbsp;Beyond this, the site boasts maximised access to almost 180-degree ocean views stretching north from Point Cartwright down to the Caloundra Headland.&nbsp;

Upon completion, Oasis will be home to 56 luxury apartments located on one of the last remaining beachfront blocks on&nbsp;<a href="/developments/bokarina-qld-4575">Bokarina</a> Beach.

<img alt="Oasis" data-entity-type="file" data-entity-uuid="545d5d82-6330-421d-a3a5-d62e7c20b7b7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-15%20at%203.13.41%20pm.png?VersionId=m9Rolt7k0I2SQs1001bpGPiPkPESRxI_" />

At the time of the purchase of the Kombi Street site, Cube Director Scott Juniper said the 3,215 sqm block, located between Caloundra and Mooloolaba and adjacent to <a href="/buildings/the-terraces-at-bokarina-beach-corner-lake-kawana-boulevard-birtinya-boulevard-birtinya">Bokarina Beach</a>, was earmarked for a six-level apartment building of up to 75 apartments.

But Juniper wanted to go the other way, planning something more boutique which would offer a point of difference to the other developments in the masterplan.

“Four of the six sites nearby are under construction and are quite large scale, large built form projects, some with over 100 units,” Juniper said, adding that those developments will have ground floor activation.

“We’re looking to go boutique, with larger format units, and really build to the strength of what Bokarina Beach has become,” Juniper said.

The other five two-level penthouses have been snapped up, with buyers ranging from locals to those from Brisbane, Sydney and even Singapore.

Oasis is over 90 per cent sold and is expected to complete in late 2024.

[smartcode_project_cta:default project_id=109813]

Oasis is over 90 per cent sold and is expected to complete in late 2024

Cube release final penthouse at Bokarina Beach development Oasis

Developers Scott Property Group are well underway with construction on their latest Sunshine Coast apartment development, The Beachfront Buddina, which is set for completion in early 2024.&nbsp;

The Beachfront Buddina offers&nbsp;a rare opportunity to secure never-to-be-built-out ocean and hinterland view apartments, with each spacious residence featuring aesthetic design, an abundance of natural light, exceptional finishes, stunning views and access to a private residents-only pool, corner store and cafe.

Designed by regulars across the coast, OGE Architects, The Beachfront Buddina strikes a balance between architectural artistry and natural form, with a mix of three and four-bedroom apartments.&nbsp;

[smartcode_project:default project_id=24803 project_image_fid=76028]

Bold lines are enhanced with vertical timber screening, complementing the cascading natural greenery to create an urban oasis.

But it's not just the exterior that's impressive – inside high-end living with luxurious fixtures and fittings are standard, including Miele appliances, open layouts and spacious balconies with floor-to-ceiling glass for seamless indoor-outdoor integration.

Start your beach-life journey with a separate beach room at entry, complete with vanity and sink. And with secure parking, elevators, and ducted heating/cooling, residents will enjoy the ultimate in comfort and convenience.

But&nbsp;The Beachfront Buddina isn't just a place to live – it's a community.

[smartcode_project:default project_id=24803 project_image_fid=76031]

Exclusive access to the residents-only pool, communal gardens, recreational seating and tennis courts allows residents to immerse themselves in the local area and meet the neighbours, while the beach, Surf Club, an array of restaurants, schools and shops are just steps away.&nbsp;

Plus, The Beachfront Buddina is a residential-only building, designed for owner-occupiers with no short-term rentals or Airbnb. This means you can enjoy the peace and privacy of a home designed for long-term living.

[smartcode_project_cta:default project_id=24803]

The Beachfront Buddina offers a rare opportunity to secure never-to-be-built-out ocean and hinterland view apartments

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Inside The Beachfront Buddina apartment development

The Sunshine Coast market has performed as well anywhere in the country over the last five years.

Following a nation-wide decline in property values when the RBA started hiking rates, the Sunshine Coast has bounced back strongly, posting two per cent gains over the last three months, after seeing the market contract over 13 per cent.

But the upswing in values was so large, Sunshine Coast housing values are over 35 per cent, or around $239,000, higher than they were prior to the onset of COVID in March 2020, data&nbsp;exclusively commissioned from CoreLogic found.

CoreLogic Research Director Tim Lawless says it's yet to be seen whether the recent upswing can be sustained in the face of higher interest rates.

"Offsetting the downside effects of high interest rates and low sentiment is a persistently low number of listings," Lawless said.

"At the end of May, advertised supply levels were tracking 26.9 per cent below the previous five year average and one per cent lower than a year ago."

Lawless says the outlook remains strong for the Sunshine Coast property market.

"With interstate and internal migration rates expected to support demand across the region, the outlook for housing demand remains strong against a backdrop of reasonably tight housing supply.

"While we could see the pace of growth in housing values reduce, or even go backwards, if interest rates hold higher for longer, the medium to long term outlook for the Sunshine Coast remains positive."

The continued strong performance of Maroochydore, the Sunshine Coast CBD which has seen unit values jump over 40 per cent since 2018, paired with the relative affordability compared to Sydney, has Sydney-based investors not only window shopping, but going in the store and buying. And they're doing so in large numbers.

Sydney investors have made up&nbsp;nearly 50 per cent of all purchases in The Corso, the new two-tower development from prominent local builder developer Habitat Development Group.

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The development is only the second tower in the evolving Maroochdyore CBD, which is one of just a handful of greenfield CBD's in the world. In Layman's terms, the Sunshine Coast City Council are building the CBD from scratch, and therefore are able to effectively create a city built with more modern technology than other cities across the world. Think automated waste tunnels underground rather than rubbish trucks.

The multi-billion dollar investment is turning what was once a retirement town into a thriving city with a self-sustaining economy. Health related services and construction are the two biggest employers in the burgeoning region, whose economy now mirrors that of Adelaide

There's the internationally-designated airport which has been a huge drawcard for investment, as well as overseas population growth, aided by the award-winning Sunshine Coast University, who are making waves all over the world for their green environmental work. The university recently ranked among the world’s top two per cent of universities according to the Times Higher Education Rankings.

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The next step for Maroochydore is the public transport links, with a light rail under proposal to connect the housing precincts with the key employment hubs like&nbsp;the university, hospital, and the new CBD.&nbsp;Last year's budget proposed a $3.2 billion plan to connect Maroochydore to Brisbane by train, a commute of just over an hour.

The proposition of an affordable entry point compared to Sydney, paired with a significant infrastructure pipeline, have been the major drivers for Sydney investors.

Habitat Development Group's Sales Director Michael Schenk however says the buyers so far aren't a typical investor.

"They're also looking for an asset that they can use,"&nbsp;Schenk says.

"Nearly all of the purchasers have looked at the apartments long-term, with a view that they could capitalise on strong rental prices over the next decade, before moving into the apartment and either making a sea change or retiring."

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The Sunshine Coast is no different to the rest of the country with how tight rental markets are, Schenk says however it's not a new trend locally.

"The tight rental market in the Sunshine Coast isn't following the pattern of the other capital cities across the country.

"Across our portfolio for the last six years or so, vacancy rates have been well below one per cent.

"Maybe the recent crisis has brought it down closer to 0 per cent than one per cent, but the demand for rentals in the Sunshine Coast has been apparent for a number of years."

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A local leasing agency expect the two-bedroom apartments in The Corso to secure a tenant between $720 to $790 a week, depending on which floor plan and level the apartment sits.

Prices for the two-bedroom apartments start from $849,900, which would give an investor a rental yield of between 4.4 per cent and 4.8 per cent.

The agency also noted that, given the development is to be completed within the next year, investors could realistically factor in rental growth expectations between five and 10 per cent per annum on current prices.

Habitat are currently building The Corso, and are up to level seven of the build which is expected to be completed by July 2024.

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The development is only the second tower in the evolving Maroochdyore CBD, which is one of just a handful of greenfield CBD's in the world

Why Sydney investors are dominating in Maroochydore's The Corso development on the Sunshine Coast

Gardner Vaughan Group Zinc has made sure it caters for families at it's Sunshine Coast development Zinc, with a number of three and four-bedroom apartment and townhouse options at the Bokarina project.

Adding to the family appeal is the resident's heated swimming pool on the podium level of the project. That includes a kids shallow area.

The Brisbane-based developer has commenced construction at the beachfront project, which has 92 apartments and townhouses on offer. They're targeted a completion date of early 2024.

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GVG wanted to create homes that feel like traditional houses, ensuring that residents have plenty of space to relax, entertain, and truly make their own.

There's further amenity past the swimming pool. Zinc also features recreational areas, including multiple barbecue areas and herb and vegetable gardens. There's a fully-equipped gym, as well as a function room complete with a kitchenette.&nbsp;

Inside the apartments, no detail has been overlooked. Each residence is appointed with luxury inclusions and finishes, coupled with high ceilings, zoned and ducted air conditioning, and commercial acoustic glazing throughout.

Each apartment comes with residential parking and storage space, while Zinc will also offer ample visitor parking and charging stations for electric cars.

Outdoor enthusiasts will be pleased to find outdoor showers and a surfboard washroom, as well as a wall-mounted bike rack for each car park, in addition to car wash and vacuum bay.&nbsp;

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Location-wise, Zinc offers the best of both worlds.

Situated just 20 minutes from the Sunshine Coast Airport, it is easily accessible for both domestic and international travellers, while&nbsp;Brisbane Airport is also within reach, just 64 minutes away.

The Sunshine Coast University Hospital and Private Hospital are just a short 5-minute drive away, while families will appreciate the proximity to Kawana State School, ensuring a quick and easy commute for the kids.

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GVG have taken to creating homes that feel like traditional houses, ensuring that residents have plenty of space to relax, entertain, and truly make their own

Gardner Vaughan Group offering house-like apartments in Zinc Bokarina

Situated in the heart of the Sunshine Coast, Lowanna Beach Resort is now entering an exciting phase as construction gets underway.

With designs by Cottee Parker and it's prime location, the development offers a unique opportunity for those seeking modern coastal living with urban convenience and a beach soul.

The one, two and three-bedroom dual-key apartments at Lowanna Beach Resort have been designed to maximise space and embrace the natural surroundings.

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Unlike typical stock developments, the apartments boast large living areas, expansive balconies, ample storage, and high-spec finishes.

Enviably located at 38-44 Lowanna Drive, Buddina, residents will be within&nbsp;walking distance or a short 15-minute drive to a range of amenities and attractions, including beaches, world-class medical facilities, high-end retail, dining, and entertainment options.

The apartments offer views of the ocean and hinterland, with the beach and the renowned Kawana Surf Club just 200 metres away.

For those seeking retail therapy, the resort is conveniently located a stone's throw away from the bustling Kawana Shopping World hub.

High-quality tertiary education options are also within easy reach, as are the domestic and international airports.

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Investors have taken up a proportional chunk of the stock at Lowanna, thanks to the six per cent guarantee return on investment with the apartments.&nbsp;

Residents of Lowanna Beach Resort will be treated to a resort-style pool with day beds, while there's also a club lounge and barbecue area.

With construction now underway, the opportunities to purchase an apartment at Lowanna Beach Resort are becoming increasingly limited.&nbsp;

All the one-bedroom apartments have been sold, with a collection of two and three-bedders remaining, priced from&nbsp;$795,950.&nbsp;

Brisbane-based construction company, Constructions Group are handling the build of the development, with completion slated for June 2024.&nbsp;

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The one, two and three-bedroom dual-key apartments at Lowanna Beach Resort have been designed to maximise space and embrace the natural surroundings

Construction underway at Buddina's Lowanna Beach Resort

The vibrant coastal town of Caloundra in Queensland's Sunshine Coast is experiencing a surge in popularity thanks to the revitalisation of its CBD and the upcoming 2032 Olympic and Paralympic Games.

And in good stead to take advantage of the transformation stands Ocean Rise, a boutique collection of just 14 residences that seamlessly blend seaside living with luxury.

Situated a mere four-minute walk from the shoreline of Kings Beach, Ocean Rise offers sweeping coastal views in every direction. From Bribie Island to Moreton Island and all the way up to Point Cartwright, the residences provide an unparalleled vantage point to soak in the beauty of the Australian coast.

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Caloundra CBD's ongoing revitalisation project is set to reshape the southern end of the Sunshine Coast.

Ocean Rise will sit within a short drive or less than a 15-minute walk to Caloundra's main street, where residents will have easy access to a range of streetscaping and placemaking upgrades, in addition to plans to create a vibrant hub for arts, community, and creativity, ensuring that the cultural scene comes alive in the coastal town.

Beyond the beaches, Ocean Rise also offers proximity to natural wonders with the internationally-renowned Glass House Mountains a 30-minute drive away, while the hinterland towns of Maleny and Montville or even Brisbane aren't too far away. The Sunshine Coast International Airport is also just 30 minutes away.

What sets Ocean Rise apart is its unique positioning in relation to the 2032 Olympic and Paralympic Games. As South East Queensland gears up to host the world's largest sporting event, a public rail transport system is anticipated to directly link Caloundra. This will make it effortless for residents to travel north or south and be part of the Olympic action.&nbsp;

The architectural design of Ocean Rise harmonises with its coastal surroundings, boasting a facade that seamlessly blends neutral earthy tones with timber and stone features.

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Residents will benefit from a grand entrance that leads to the secure underground carpark, while there's also an array of curated outdoor spaces, including a pool and seating areas.

In a region where large floor spaces coupled with ocean views are a rarity, Ocean Rise's 14 apartments boasts a spacious open living area with a high-specification entertainer's kitchen, complete with stone benchtops that feature waterfall edges.

Most of the apartments are blessed with large windows and expansive views, while the attention to detail extends to the layout of the balcony and lounge, maximising the outlooks and providing unobstructed views as far as the eye can see.

Ocean Rise has already seen swift interest, with the ground floor two-bedroom apartment already sold and only a limited collection of three-bedroom floorplans remaining.&nbsp;

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Ocean Rise: Where seaside lifestyle meets luxury in Kings Beach

Zinc Bokarina is the latest Sunshine Coast development by the award-winning Gardner Vaughan Group.

The Australian owned property development and building company has 25 years’ experience developing properties in some of Brisbane’s and South East Queensland’s most desirable areas.

Opposite the pristine Bokarina Beach on the Sunshine Coast, Zinc delivers a coastal living experience with expansive one, two, three and four-bedroom apartments, along with eight exclusive luxury Beach Houses, designed to enhance living spaces inside and out.&nbsp;

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Gardner Vaughan said they selected the unrivalled location as when you combine the wonders of the coast with the parklands, boardwalks and amenities of a premium seafront community, you get the best of both worlds.

Taking on a mindful design, two buildings will be constructed in the community, with 81 residences set to be delivered, along with a vibrant ground-floor retail offering which will enhance the beachside locale.&nbsp;

Zinc is a part of Stockland’s Sunshine Coast Oceanside Community which won Australia’s Best Master Planned Development at the 2020 Urban Development Institute of Australia (UDIA) Awards for Excellence. According to Stockland, the Oceanside master planned community is set to become ‘Australia’s healthiest city by the beach’ – creating a community like no other in Queensland.&nbsp;

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Building one, called SOL, will house 44 apartments, along with two commercial tenancies across the ground floor. Building two is MAR, where the remaining 37 apartments will be constructed, as well as one commercial space.&nbsp;

Zinc will also incorporate a podium-level pool and recreation area, featuring lush tropical gardens, an outdoor heated pool, a gym, and multiple barbecue and recreational areas. Outdoor showers and a surfboard washroom is also on hand in the development, along with wall mounted bike racks with each car space, a car wash and vacuum bay and a function room.&nbsp;

The eight beach houses have only recently been released to the market. The spacious three-level homes comprise either three or four-bedrooms. They have two-and-a-half bathrooms and two car spaces. Residents of the beach house also have access to the complex’s facilities.&nbsp;

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The balcony spaces and living areas of each residence have been designed to seamlessly integrate with the beachside, with two colour scheme options for buyers, inspired by the coastal surrounds.&nbsp;

High ceilings, zoned and ducted air conditioning and commercial acoustic glazing feature throughout each of the residences, complemented by contemporary cabinetry in the kitchens and bathrooms, as well as stylish tap wear, stone benchtops and European appliances.&nbsp;

Zinc Bokarina is situated right on the doorstep of Bokarina Beach, between Caloundra and Mooloolaba. Offering the escape of quintessential beachside living while conveniently located close to the Sunshine Health precinct and the Stockland Birtinya and Kawana Shopping Centres.

Within a 20-minutes drive of the Sunshine Coast airport, residents will find themselves near to an abundance of convenient daily essentials, while still being immersed and connected to nature.&nbsp;

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With prices ranging from $539,000 through to $2,399,000, stage one and two of the apartments is slated for completion by mid to late 2023, with the beach houses tipped for the end of next year.&nbsp;

The under-construction project still has a select number of two, three and four-bedroom apartments remaining, as well as some beach houses, with Christmas incentives currently on offer for prospective buyers.

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