<a href="https://www.apartments.com.au/developers/consolidated-properties">Consolidated Properties Group</a> (CPG) is approaching the launch of its latest Brisbane riverfront development, Castile, on the dress circle Skyring Terrace in Newstead.

VIP buyers are now being engaged, with a full public sales launch coming later this year.

Positioned as the final opportunity to secure a new absolute riverfront residence on the East bank of Newstead, Teneriffe or New Farm, Castile at 47 Skyring Terrace has been designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> as a timeless addition to the Brisbane skyline.&nbsp;

[smartcode_project:default project_id=150489 project_image_fid=371113]

The name Castile draws on themes of permanence, sophistication and legacy, reflecting a broader vision centred on enduring architecture and timelessness in the rarest of riverfront positions.&nbsp;

CPG Chairman and CEO Don O’Rorke said the project had been envisioned as a future Brisbane icon.&nbsp;

“With 47 metres of direct river frontage and never to be built out views, 47 Skyring Terrace is the definitive address on the Brisbane River,” O’Rorke said.&nbsp;

[smartcode_project:default project_id=150489 project_image_fid=371114]

“Rather than following trend-based apartment design, Castile draws inspiration from Brisbane’s great heritage buildings, reinterpreting classical architecture into a contemporary riverfront landmark designed to stand proudly for the next 100 years,” he said.&nbsp;

The approved development will comprise 227 apartments across a 25-storey tower alongside a boutique six-storey riverfront building of just 12 residences.&nbsp;

Construction is scheduled to commence in September 2026.

[smartcode_project_cta:default project_id=150489]

Joel Robinson

CPG unveils Castile Newstead ahead of upcoming sales launch

Australia’s online shopping habits have shifted dramatically over the last decade. As eCommerce volumes surged, so too did the frustrations that came with traditional parcel delivery: missed deliveries, long Post Office queues, parcel theft and the challenge of being home during business hours.

Australia Post’s Parcel Lockers emerged as one of the more practical responses to that changing consumer behaviour.

What started as a relatively niche delivery option has evolved into a nationwide network of more than 1,400 self-service Parcel Lockers positioned at train stations, shopping centres, supermarkets and Post Offices across the country. The system allows Australians to send, collect and return parcels 24 hours a day, fundamentally changing how many people interact with deliveries.

The appeal is relatively straightforward: flexibility.

Instead of waiting at home for a delivery driver or rushing to a Post Office before closing time, users can direct eligible parcels to a Parcel Locker location of their choice. Once the parcel arrives, Australia Post sends a notification with a collection code or QR access through the AusPost app, allowing customers to retrieve their package at any time within the collection window.

For apartment residents in particular, the system has become increasingly valuable.

Higher-density living has created logistical challenges around deliveries, especially in buildings without concierge services or secure parcel rooms. Missed deliveries are common, while parcel theft has become an increasing concern as online shopping volumes continue to rise.

Australia Post itself has repeatedly highlighted the growing issue of “porch pirates” during peak shopping periods, encouraging customers to use Parcel Lockers as a safer alternative to unattended home deliveries.

That security aspect is one of the key reasons the Australia Post Parcel Locker network has grown so rapidly.

Parcel Lockers are positioned as secure, monitored collection points that reduce the risk of theft while also improving delivery efficiency for Australia Post. Instead of multiple redelivery attempts, parcels can be consolidated into a single secure destination.

The Parcel Lockers themselves are free to use through a MyPost account and support a range of parcel sizes up to 16 kilograms and dimensions of approximately 35 x 44 x 61 centimetres.

Beyond receiving parcels, the system has increasingly become integrated into the broader eCommerce ecosystem.

Customers can now use Parcel Lockers to return online purchases, while retailers have embraced the model as a way to improve delivery success rates and reduce friction in the shopping process. Australia Post has actively expanded partnerships with major retailers and promoted Parcel Lockers as part of a broader out-of-home strategy.

The timing of that expansion aligns with broader changes in Australian shopping behaviour.

The acceleration of online retail during and after the pandemic placed enormous pressure on delivery infrastructure. Parcel volumes reached record highs, particularly during Black Friday and Christmas periods, with Australia Post delivering more than 100 million parcels during peak festive seasons.

That growth forced logistics providers to rethink the “last mile” of delivery, widely regarded as the most expensive and operationally difficult stage of the process.

Parcel Locker systems have increasingly been viewed as part of the long-term solution.

The concept itself is not unique to Australia. Parcel Locker networks have become common globally, particularly across Europe and Asia, where dense urban environments and apartment living create similar logistical challenges. But Australia’s geography and suburban sprawl made adoption slower initially.

Now, however, the convenience factor is driving mainstream usage.

For commuters, Parcel Lockers near train stations allow parcels to be collected on the way home from work. For apartment dwellers, they remove the uncertainty around access and missed deliveries.

The rise of the AusPost app has also streamlined the experience, centralising notifications, tracking and Parcel Locker access into a single platform. Australia Post has increasingly pushed customers toward app-based delivery management, partly as a way to combat phishing scams and fake delivery notifications, which have become more sophisticated in recent years.

The Parcel Locker model is also beginning to influence property development itself.

Parcel management has become a growing consideration in apartment building design, particularly as online shopping becomes embedded in everyday life. Many new residential developments are now incorporating dedicated parcel rooms or Parcel Locker systems into foyers and communal spaces.

For developers, parcel management is increasingly viewed as part of the broader resident amenity offering, alongside gyms, wellness spaces and communal work areas.

That reflects a wider evolution in how residential buildings are designed.

Apartment buyers are placing greater emphasis on convenience, security and operational functionality, particularly in higher-density urban environments. Parcel delivery, once considered a minor operational detail, has become an increasingly important part of that equation.

Australia Post’s Parcel Locker network sits at the centre of that behavioural shift.

What began as a simple alternative delivery option has evolved into a key piece of infrastructure supporting Australia’s growing eCommerce economy and changing urban lifestyles.

And as online shopping continues to expand, the role of Parcel Lockers is likely to become even more embedded in how Australians live, shop and receive goods.

How Australia Post Parcel Lockers changed parcel delivery convenience in Australia

Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Sunshine Coast off the plan apartments

Sponsored Post

Wake to the sound of waves crashing on the shore and watch the sun rising over the ocean. This is the reality of Oasis living where only a handful of luxury apartment opportunities remain.

Due for completion in late 2024, <a href="/new-apartments/oasis-apartments-bokarina-25-kombi-street-bokarina">Oasis</a> – Bokarina Beach promises an unparalleled blend of modern luxury and coastal serenity on the <a href="/new-apartments/sunshine-coast-qld">Sunshine Coast</a>. The boutique six-level development is a rare opportunity for those seeking the ultimate beachfront lifestyle.

Oasis features a limited selection of luxurious residences, including the final remaining three-bedroom, 2.5-bathroom apartments. These exquisite homes range from 164 sqm to 178 sqm, featuring open-plan living areas, premium appliance packages, and high-end fixtures. They start at $1,695,000.&nbsp;

[smartcode_project:default project_id=109813 project_image_fid=196624]

Each apartment is designed to provide a seamless indoor-outdoor experience, perfect for entertaining or simply relaxing listening to the ocean.

For those desiring something truly extraordinary, the one-of-a-kind luxury penthouse sets a new standard in luxury coastal living. The two-level residence has four bedrooms, 4.5 bathrooms, and accommodates three cars.&nbsp;

The penthouse spans 242 sqm of internal space and 512 sqm total.&nbsp;Priced at $5.6 million, it features expansive ocean and hinterland views, a private rooftop terrace with a pool, sauna, BBQ and entertainment area, and lush landscaping. The premium appliances, fixtures, fireplace, and curtain and blind package add the finishing touches to this luxurious lifestyle opportunity.

&nbsp;

Oasis residents will enjoy state-of-the-art amenities including a gym, pool, sauna, and beautifully landscaped gardens. The development's open-air dining area is perfect for social gatherings, fostering a strong sense of community.

[smartcode_project:default project_id=109813 project_image_fid=197989]

The location is unbeatable, just 200 meters from over 30 new retail tenancies, including restaurants and cafes, ensuring all conveniences are within easy reach.

It is only 1.5 km to the new Sunshine Coast Health Precinct and a short drive to the vibrant hubs of <a href="/new-apartments/caloundra-qld-4551">Caloundra</a> and <a href="/new-apartments/mooloolaba-qld-4557">Mooloolaba</a>. Future development plans, including the Birtinya Town Centre and potential light rail, promise to enhance connectivity and convenience even further.

<img alt="Oasis Apartments, Bokarina Location" data-entity-type="file" data-entity-uuid="fa4022c6-5053-4dc3-9dfa-04149f72ec59" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Site%20Aerial%20-%20North%20Facing.png?VersionId=PSQeRxt.qpy_o4iiAOjS45flxJpUYN7Q" />

Whether you are downsizing, seeking low-maintenance living, or looking for a "lock and leave" property, Oasis Apartments offer the ideal beachside living experience.

With proximity to state-of-the-art educational facilities and the burgeoning health precinct, Oasis is perfect for those wanting a balanced lifestyle combining relaxation, convenience, and luxury.

[smartcode_project_cta:default project_id=109813]

Staff Writer

Last chance to find your Oasis – limited luxury apartments remain in premium beachfront project

Gardner Vaughan Group have been at the forefront of apartment development in South East Queensland since it was founded in 1989.

In the last 35 years, the company has grown from a building and design company to a fully-fledged builder-developer.

They're currently selling four projects across both Brisbane and the Sunshine Coast, while they have future projects coming up in Redcliffe&nbsp;and <a href="/new-apartments/nundah-qld-4012">Nundah</a>.

With everything going on at <a href="/developers/gardner-vaughan-group">Gardner Vaughan</a> at the moment, we recently caught up with Gardner Vaughan Director Sam Gardner to talk about what they're up to.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/SUzKsDG7L6I?si=tBabPbXIL4jV2iSL" title="YouTube video player" width="560"></iframe>

Gardner Vaughan has moved from around 20 to 50 apartments per development to around 90 to 120 per stage.

"A lot of that comes down to the control of having input into every single facet of development," Gardner says, adding that they brought development in house about a decade ago.

"We know that being a builder developer in Queensland at the moment gives us an advantage. It's an interesting environment that we find ourselves in, but it's an environment conducive to builder developers."

Gardner says it's important to build a level of trust with buyers in the off the plan market.

"One of the biggest hesitations of our buyers buying off the plan is that trust, and one of the ways you can improve this trust is by showing a track record and your experience, but it's really taking the buyers and everyone else involved through the process of showing them what we're thinking, showing them how these developments have been designed, showing them how we've had the end user in mind."&nbsp;

Gardner Vaughan has recently released the final stage of their <a href="/new-apartments/chermside-qld-4032">Chermside</a>&nbsp;apartment development, <a href="/new-apartments/estilo-on-the-park-chermside-81-kittyhawk-drive-chermside">Estilo on the Park</a>, on the doorstep of Seventh Brigade Park. They're also parkside in <a href="/new-apartments/stones-corner-qld-4120">Stones Corner</a> where they are developing <a href="/new-apartments/stonebrook-stones-corner-10-flora-street-stones-corner">Stonebrook</a>, 90 apartments on Hanlon Park, voted Australia's best park in 2023.

A further two of GVG's current projects are up on the Sunshine Coast. <a href="/new-townhouses/bokarina-beach-homes-bokarina-boulevard-bokarina">Zinc</a> in <a href="/new-apartments/bokarina-qld-4575">Bokarina</a> has almost completed construction and has just one apartment left to sell, while <a href="/new-apartments/bask-bokarina-38-bokarina-boulevard-bokarina">Bask</a>, a few doors down, will start construction once Zinc has completed.

To find out more information about Gardner Vaughan, visit their <a href="/developers/gardner-vaughan-group">Urban Profile</a>.

Gardner Vaughan has moved from around 20 to 50 apartments per development to around 90 to 120 per stage as a builder developer

Michael Bird

How Gardner Vaughan is creating trust as a builder developer in South East Queensland: Five minutes with Gardner Vaughan Group Director Sam Gardner

The Maroochydore CBD is set for a new apartment development that has been inspired by the ocean and will serve as a "metaphorical umbrella".

The 12-level building at&nbsp;<a href="/new-apartments/el-parasol-15-17-ocean-street-maroochydore">15-17 Ocean Street</a>, Maroochydore, is being planned by building firm <a href="/builders/rocking-horse-constructions">Rocking Horse Constructions</a>, who had Ferro Chow Architecture create the unique design for the project which they are calling&nbsp;El Parasol.

El Parasol will bring 53 apartments to the heart of the Maroochydore CBD, in a pocket that hasn't had much supply in recent years.

<img alt="Maroochydore" data-entity-type="file" data-entity-uuid="ff08f8d7-84d6-4a0b-b3c1-9ecb10eeb505" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-25%20at%204.49.55%20pm.png?VersionId=SlXVWpQk_ClwDMZkwsGJq4gJnW.ri_62" />

There will be 16 two-bedroom apartments and 32 three-bed units, half of which will have their own study. Four four-bedroom apartments occupy the penthouse level on level 12.

There are communal facilities on level three in the form of a swimming pool and spa with cabanas, a gym, and a kitchen and dining area.

The ground level will have a hospitality venue, while level two and the other half of level three will home four two-level office spaces.

<img alt="Maroochydore" data-entity-type="file" data-entity-uuid="3c706474-84e2-4dce-8761-646da091d213" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-25%20at%204.52.39%20pm.png?VersionId=DUTd7IIHWK7oNzTieRdLd_FU1wu7NB0x" />

There will be 128 parking spaces, 82 for the apartments, 14 for visitors, 15 for the retail space, and 17 for the offices.

Ferro Chow wrote in their documentation submitted to the Sunshine Coast Council that their architectural vision is to seamlessly weave multiple dwellings, a vibrant food and drink outlet, and flexible office spaces into a harmonious, multi-residential community.

"Our vision is to create a thriving, interconnected community that embodies the spirit of Maroochydore while embracing the beauty of the ocean’s forms and the patterns of life in a vibrant, evolving city,"&nbsp;the report read.

“El Parasol, an embodiment of an ‘umbrella: providing shelter from the sun,’ symbolizes our inspiration. Drawing from the dynamic lifestyle and mixing multiple uses, our project is poised to transform Maroochydore’s celebrated landscape."

<img alt="Maroochydore" data-entity-type="file" data-entity-uuid="2f72c15f-510c-42be-9ecb-c15bc2692b19" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-25%20at%204.52.02%20pm.png?VersionId=5W9KOLWhLC3hEVfc9v7nDcMLTEwoRaSr" />

Ferro Chow, led by Jared Chow, said the building&nbsp;integrates seamlessly into a vibrant entertainment precinct surrounded by various retail and commercial establishments.

"The street-level experience is thoughtfully curated, boasting an activated and landscaped podium with abundant greenery for screening, fostering a strong connection between common areas and the lively street."

They said El Parasol employs&nbsp;earthy, pared-back materials, sculpting a form that is both sculptural and sensitive to its coastal landscape.

"The use of off-form concrete, timber, and rammed earth contributes to a natural, organic aesthetic, further enhanced by hanging planters and perimeter planting, reducing the building’s mass."

<img alt="Maroochydore" data-entity-type="file" data-entity-uuid="def2fd20-d242-4e9f-a1b6-f98bf3f05e84" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-25%20at%204.54.00%20pm.png?VersionId=BtPqERtx1xfxT5DbkvHoT7CuEoYdHPxS" />

&nbsp;

The project, on a 2,190 sqm site which is currently a retail strip, will sit directly opposite&nbsp;Big Top Shopping Centre.

The new plans are a scaled-down version of the plans approved back in 2020. That had 66 apartments and 44 short-term accommodation units across a larger 4,200 sqm site.

Rocking Horse Constructions is led by building veteran Alex Schiavo and is currently building Sorano House, the luxury Kangaroo Point apartment development.&nbsp;

&nbsp;

El Parasol will bring 53 apartments to the heart of the Maroochydore CBD, in a pocket that hasn't had much supply in recent years

"El Parasol": First look at new apartments planned for Maroochydore's centre

Queensland developer Cube is approaching completion of its luxury Cotton Tree residential project Nature, where just one exclusive residence remains for sale.

<a href="/developers/cube-developments">Cube</a> spokesperson Daniel Ryan said the last remaining opportunity with its expansive Ocean and River views had attracted strong local and national interest.

“Buyers have realised that uncompromised living such as this, high above the Maroochy River with spectacular views and resort-style amenity seldom presents itself,’’ Ryan said.

“As such, 12 of the 13 luxury residences have already been snapped up with the building now well under construction, for a combined value in excess of $45 million."

[smartcode_project:default project_id=89721 project_image_fid=249311]

The remaining penthouse has three bedrooms, two bathrooms and a powder room, and an open plan kitchen, living and dining area which spills out onto a balcony with the best views in the building. Never-to-be-built out, views encompass Mount Coolum and Old Woman Island.

Downsizers and astute luxury buyers were driving demand for Nature with the majority of interest coming from Sydney, Brisbane and the Sunshine Coast.

Nature occupies one of the best sites on the highly sought-after Cotton Tree Esplanade.

[smartcode_project:default project_id=89721 project_image_fid=249314]

Just 500 metres from the heart of Cotton Tree&amp;#39;s town centre, future residents will enjoy world-class views and amenity.

Nature offers residents a range of opulent features including a lap pool, private dining, gym, sauna, steam room and yoga lawn surrounded by an abundance of greenery.

Architecture firm Cottee Parker worked closely alongside Cube&amp;#39;s Design Manager Sarah Busch to design <a href="/buildings/nature-by-cube-maroochydore">Nature by Cube</a>.

Cube's brief to <a href="/architects/cottee-parker-architects">Cottee Parker</a> was to create the best the Sunshine Coast has ever seen.

Nature is expected to be completed by September 2024.

[smartcode_project_cta:default project_id=89721]

Cube's brief to Cottee Parker was to create the best the Sunshine Coast has ever seen

Cube’s luxury Nature project nears completion, only one penthouse remains

South East Queensland has been one of the most heavily invested in regions since over the last four years since the onset of COVID-19.

The appetite has come from both southern state dwellers and locals who have jumped into the property market off the back of exponential growth in population caused primarily by the lockdowns across Sydney and Melbourne.

The region is expected to continue to grow given the Brisbane 2032 Summer Olympics and the government infrastructure pipeline that comes with it. The government is expected to spent upwards of $7 billion on venues alone, as well as billions of dollars on better connecting Brisbane to the Sunshine Coast to the north and the Gold Coast to the south

<a href="/developments/brisbane-qld">Brisbane</a>, the <a href="/developments/sunshine-coast-qld">Sunshine Coast</a> and the <a href="/developments/gold-coast-qld">Gold Coast</a> have been particularly popular with investors so far in 2024. We've rounded up the most popular projects&nbsp;

<h2>Project: JURA Noosa</h2>

<h3>Location: 26 Headland Drive, Noosaville QLD 4566</h3>

<h3>Developer: Capital Prudential</h3>

Fund manager and developer <a href="/developers/capital-prudential">Capital Prudential</a> has found a sweet spot in <a href="/developments/noosaville-qld-4566">Noosaville</a>, the hub of the Sunshine Coast just two kilometres from Noosaville's Gympie Terrace activity centre and six kilometres to the popular Hastings Street on the beachfront.

<a href="/new-apartments/26-headland-drive-noosaville">JURA</a> comprises 38 two-bedroom single-level apartments and dual-level townhomes designed by <a href="/architects/blackwood-architecture">Blackwood Architecture</a>, offering one of just a handful of new developments the area has seen in recent years and is likely to see going forward. The scarcity of new developments in Noosa has seen investors show significant interest.

[smartcode_project:default project_id=142312 project_image_fid=248932]

Its central location and excellent connectivity are a highlight for JURA, which is located 15 minutes from the Bruce Highway and only a 30-minute drive to the <a href="/new-apartments/sunshine-coast-qld">Sunshine Coast</a> Airport.&nbsp;

The townhouses are also located ideally just off Eumundi Road opposite the Noosa Leisure Centre and Noosa Library, while also offering future JURA residents easy access to the Noosa River and just six kilometres from Hastings Street.

JURA provides practical amenities, such as exclusive residence carports, a lock-up garage for townhomes, and ample visitor parking, while also having low body corporate fees compared to similar properties in the Noosa region.

<h2>Project: Ruby Ruby</h2>

<h3>Location: 12 Crombie Street, Milton QLD 4064</h3>

<h3>Developer: Kokoda Property</h3>

<a href="/new-apartments/ruby-ruby-milton-12-crombie-street-milton">Ruby Ruby</a> has once again secured a spot in Apartments.com.au's top enquiries for residential developments in <a href="/new-apartments/brisbane-qld">Brisbane</a>.

The Urban community has identified Ruby Ruby's primary strengths as a solid investment and a high potential for capital growth. This positive reception is attributed to a combination of appealing factors, including diverse amenities, a variety of floor plan designs, and a great location.

National apartment developer <a href="/developers/kokoda-property">Kokoda Property</a> was very strategic in their acquisition of the site for Ruby Ruby.

[smartcode_project:default project_id=139032 project_image_fid=232275]

“Brisbane is rapidly transforming into a new world city; its culture, business centre, technology, and lifestyle is evolving with over $40 billion of infrastructure investment planned, so naturally there is a shift occurring with demand now skewed towards sophistication and luxury residential design," Kokoda Property Founder and Managing Director, Mark Stevens said.

Ruby Ruby is ideally located just behind the <a href="/new-apartments/milton-qld-4064">Milton</a> Train Station, a three-minute train to Roma Street Station. The site has also quickly garnered attention for its quirky cafe and brewery scene attracting young professionals.

[smartcode_project:default project_id=139032 project_image_fid=232284]

The <a href="/architects/cottee-parker-architects">Cottee Parker</a>-designed development will rise 21 levels from 12-18 Crombie Street and will comprise 144 apartments and several luxury penthouses, ranging from 65 sqm to 155 sqm. Prices for Ruby Ruby start at $654,000.

Stevens said the team has also carefully considered the inclusion of extra, premium amenities.

Ruby Ruby will feature a wellness rooftop with a wet-edge swimming pool that spans the full width of the building. Completing the fitness component of the rooftop is a health and wellness space with a gym, infrared sauna, spa, plunge pool and yoga studio.&nbsp;

Kokoda is also catering for the working-from-home trend with several meeting rooms on the ground level, while the podium will be home to a private dining and lounge area, a cinema room, and a billiards room.

<h2>Project: Victoria &amp; Albert</h2>

<h3>Location: 20 Albert Avenue, Broadbeach QLD 4218</h3>

<h3>Developer: Iris Capital</h3>

<a href="/developers/iris-capital">Iris Capital</a>'s flagship Broadbeach development, <a href="/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">Victoria &amp; Albert</a>, has seen a surge in buyer demand over 2023, seeing a diverse buyer profile according to Colliers sales agent Paul Putsay but most especially "attracting a delightful clientele of fly-ins and fly-outs in the Albert tower, while there's been an uptake from hybrid investors and occupiers in the Victoria building."

Investor interest has persisted this year, buoyed by the strength of the <a href="/new-apartments/gold-coast-qld">Gold Coast</a>’s employment market and the massive investment in infrastructure across the city.

V&amp;A will bring over 400 apartments to the central <a href="/developments/broadbeach-qld-4218">Broadbeach</a> area, on the site of the former Niecon Plaza.

[smartcode_project:default project_id=107928 project_image_fid=234088]

One notable factor contributing to the development's popularity is the presence of a $200 million commercial retail and fresh food precinct, located underneath the residential towers.

This has particularly resonated with buyers from <a href="/new-apartments/melbourne-vic">Melbourne</a> and <a href="/new-apartments/sydney-nsw">Sydney</a>, who appreciate the convenience and vibrancy offered by this vibrant commercial hub.

[smartcode_project:default project_id=107928 project_image_fid=234097]

Residents will also have access to the Podium Club facilities located on the fourth level, including a 25-metre lap pool with an outdoor dining and barbecue area, a spa and steam room, a Zen garden, a yoga deck, a boutique resident's lounge, and a kid's club area with a playground.

Topping off the iconic residential offering is the Residents Sky Lounge on the top level of the Victoria tower. It includes luxury dining, lounge, wellness, and work zones that are perfectly designed to embrace the spectacular views of the surrounding coastline.

<h2>Project: UNIQ</h2>

<h3>Location: 2-4 Waterford Court, Bundall QLD 4217</h3>

<h3>Developer: Devlink Group</h3>

<a href="/developers/devlink-group">Devlink Group</a>'s <a href="/new-townhouses/uniq-bundall-2-4-waterford-court-bundall">UNIQ</a> townhouses will be a rare addition to <a>Bundall</a> and are set to benefit from the $370 million redevelopment of the Gold Coast Turf Club just across the Nerang River.

The 22 townhouses will each front the river and have three bedrooms and a self-contained multi-purpose room. They start from $1,395,000.

[smartcode_project:default project_id=114207 project_image_fid=233789]

The latest ABS data shows less than 20 per cent of the dwellings in <a href="/developments/bundall-qld-4217">Bundall</a> are townhouses, which is a rare opportunity to invest in an exclusive and high-demand property.

A townhouse opportunity doesn't come along often, and an opportunity to buy brand new, especially in a suburb more well-known for large family homes, only presents itself every few years.

[smartcode_project:default project_id=114207 project_image_fid=233795]

The location is also one of the most standout factors of UNIQ.

Devlink Group Head of Marketing, James Ball, said the project is an opportunity to deliver an incredible addition to the area at a time when the Sunlight Lifestyle Precinct is set to transform Bundall into one of the most in-demand locations on the entire Gold Coast.

Situated on a prime site on Waterford Court, a small cul-de-sac street with just a handful of homes that front the river, UNIQ takes up an unrepeatable spot within a few minutes walk from the Gold Coast Turf Club.

The waterfront properties will also feature private plunge pools, while the broader development will have access to a communal swimming pool and barbecue facilities.

<h2>Project: Pearl Main Beach</h2>

<h3>Location: 3550-3552 Main Beach Parade, Main Beach QLD 4217</h3>

<h3>Developer: Raptis</h3>

The <a href="/developments/main-beach-qld-4217">Main Beach</a> market demographics point to a steady and large portion of owner-occupiers and downsizers, making the suburb an enviable location for budding investors.

This is all thanks to the convenience of living close to the <a href="/new-apartments/marina-mirage-74-seaworld-drive-main-beach">Marina Mirage</a>, which has an array of boutique shopping and waterfront dining experiences.

[smartcode_project:default project_id=106752 project_image_fid=169993]

"Main Beach is a suburb that has everything", <a href="/developers/raptis">Raptis</a> Joint Managing Director Evan Raptis told Urban.

"It has a shopping and dining prescient, close to the beach, 5-star hotels, theme parks and Broadwater boat access all within the one suburb. Nowhere else on the Gold Coast can offer that."

[smartcode_project:default project_id=106752 project_image_fid=182210]

Apartments at developer Raptis' <a href="/buildings/pearl-main-beach-3550-3552-main-beach-parade-main-beach">Pearl</a> on Main Beach Parade were snapped up largely by owner-occupiers, both locals who are looking to downsize and interstate couples.

Rising 30 floors, Pearl is a collection of 80 apartments, including a luxury two-level penthouse, with just three-bedroom apartments left.

Pearl also features state-of-the-art, resident-exclusive amenities like a rooftop swimming pool with 180-degree views of the Gold Coast coastline, a gym overlooking the Pacific Ocean, a barbecue and alfresco area, and a private dining suite.

The region is expected to continue to grow given the Brisbane 2032 Summer Olympics and the government infrastructure pipeline that comes with it.

South East Queensland's top five apartment developments for investors in 2024

Builder developer Habitat Development Group has officially commenced construction on their latest Sunshine Coast apartment development, St Clair.

The builder developer has turned the first sod at the near 9,000 sqm Waterside Retreat site, the last east facing, absolute waterfront site on <a href="/new-apartments/birtinya-qld-4575">Birtinya</a> Island overlooking Lake Kawana.

<a href="/new-apartments/st-clair-birtinya-930-931-waterside-retreat-birtinya">St Clair</a> will comprise two eight-level buildings with 200 apartments.

Read more:&nbsp;<a href="/news/qld/on-lake-kawana-and-next-to-bokarina-beach-st-clairs-ideal-waterside-location-in-birtinya">On Lake Kawana and next to Bokarina Beach: St Clair's ideal waterside location in Birtinya</a>

[smartcode_project:default project_id=108399 project_image_fid=230765]

<a href="/developers/habitat-development-group">Habitat Development Group</a> Managing Director, Cleighton Clark, said the team is&nbsp;thrilled to be commencing construction of the landmark project.

"The past few years have been difficult for the development and construction industry but we are beginning to see pricing on building materials stabilise and thanks to our strong track record on the coast, we have a great pool of local subcontractors who will help us make this project a reality," Clark said.

"With rental vacancy at an all time low and very few residential projects underway on the Sunshine Coast, we feel this is a great opportunity to help ease the current housing crisis."

[smartcode_project:default project_id=108399 project_image_fid=230948]

In a boost to the local construction sector, between 350-400 workers will be on site during the construction phase.

St Clair has been architecturally designed to capitalise on its prime waterfront location which includes ocean views across Lake Kawana to the east and hinterland views to the west.

Residents at St Clair will enjoy a range of resort style facilities such as a 25-metre resort style pool with shallow water wading and loungers, and a barbecue pavilion and fire pit area.

[smartcode_project:default project_id=108399 project_image_fid=230354]

There will also be an&nbsp;exclusive residents’ dining room with a 16-seat dining table, chef’s kitchen and private outdoor entertaining terrace, as well as a&nbsp;1,000 sqm private parkland with a fire pit, BBQ facilities, and direct access to the Lake Kawana esplanade.

A rooftop terrace on level nine will feature an outdoor kitchen and more BBQ facilities, along with numerous seating and lounging areas with sunrise and ocean views over <a href="/developments/bokarina-qld-4575">Bokarina</a>, as well as sunset vistas across the hinterland.

[smartcode_project:default project_id=108399 project_image_fid=230358]

Birtinya has become one of the region’s true property hot spots with excellent proximity to the Sunshine Coast University Hospital as well as to the Stockland Birtinya shopping centre which features a flagship Coles and ALDI supermarket and some 40 specialty retailers along with a variety of food and entertainment options.

Read more:&nbsp;<a href="/news/qld/why-birtinyas-newest-off-the-plan-apartment-development-st-clair-stacks-up-for-investors">Why Birtinya's newest off the plan apartment development St Clair stacks up for investors</a>

“We are very pleased to hear that the former NightQuarter precinct at Birtinya is set to be revitalised into a family friendly entertainment precinct under a new name, The Station," Clark added.

"It’s an exciting addition to the local entertainment industry."

Over 50% of stage one of St Clair apartments has already been sold, with prices ranging from $749,900 to in excess of $3 million for one of the penthouses.

Construction is due for completion in late 2025.

[smartcode_project_cta:default project_id=108399]

Over 50% of stage one of St Clair apartments has already been sold, with prices ranging from $749,900 to in excess of $3 million for one of the penthouses

Habitat Development Group kick off construction at Birtinya apartment development, St Clair

Last year the Queensland Government increased its support for first-home buyers in Queensland, doubling the First Home Owner Grant (FHOG) from $15,000 to $30,000 for eligible first home buyers.

The move saw Queensland FHOG became the highest first home owner grant in Australia.

The FHOG grant in Queensland however only applies to units less than $750,000.

The government estimates that this increase in the grant will assist around 12,000 buyers in acquiring their first homes by the time the boost expires on 30 June 2025.&nbsp;

We've looked at the best off the plan apartments in Queensland where first home buyers can secure the $30,000 FHOG.

<h2>Project: St Clair Birtinya</h2>

<h3>Price: Two-bedroom from $749,000</h3>

<h3>Developer: Habitat Development Group</h3>

<a href="/new-apartments/sunshine-coast-qld">Sunshine Coast</a> developer <a href="/developers/habitat-development-group">Habitat</a>'s recently launched St Clair in <a href="/new-apartments/birtinya-qld-4575">Birtinya</a> offers FHOG-eligible two-bedroom apartments starting at $749,900, with only limited units remaining for the 113 sqm two-bedder.&nbsp;

Designed by <a href="/architects/k-architecture">KArchitecture</a>, the $150 million development, on two side-by-side blocks on Waterfront Retreat, will comprise two eight-level residential towers with 200 two, three and four-bedroom apartments.

[smartcode_project:default project_id=108399 project_image_fid=230367]

There will be a maximum of 13 apartments on each level. Some of the large penthouse apartments will have over 50 sqm of outdoor space, while a handful of courtyard apartments will have around 90 metres of gardens.

Crowning St Clair is a communal rooftop terrace enveloped by lush subtropical landscaping with an outdoor kitchen and BBQ facilities. The rooftop deck faces Bokarina Beach towards the east, while the lounge overlooks the hinterland to the west.

A 25-metre resort-style lap pool is on the ground level, featuring a five-metre shallow wading entry adjacent to a BBQ pavilion. A residents' 16-seat dining room with a private outdoor terrace complements the pool for social gatherings.&nbsp;

[smartcode_project:default project_id=108399 project_image_fid=230359]

There's also a 1,000 sqm of exclusive resident parklands with barbecue facilities and a firepit area.&nbsp;

St Clair is in the heart of the Sunshine Coast's Health Precinct and less than a five-minute drive from Stockland Birtinya Shopping Centre and Bokarina Beach.&nbsp;

The development is under construction by <a href="/builders/habitat-construction-group">Habitat Construction Group</a>, with estimated completion in Q1 of 2026.

<h2>Project: Murcia Residences, East Brisbane</h2>

<h2>Price: One-bedroom apartments from $695,000</h2>

<h3>Developer: Sarazin</h3>

Prominent <a href="/new-apartments/woolloongabba-qld-4102">Woolloongabba</a> developer <a href="/developers/sarazin">Sarazin</a>'s <a href="/new-apartments/murcia-residences-east-brisbane-9-overend-street-east-brisbane">Murcia Residences</a> is offering one-bedroom apartments starting at $685,000, eligible for QLD's double FHOG scheme.

Located only 500m from the new Cross River Rail and 2032 Games precinct, the <a href="/architects/hal-architects">HAL Architects</a>-designed Murcia comprises 187 one, two, three and four-bedroom apartments, all designed to offer spacious and open-plan living.&nbsp;

The one-bedroom units feature large floor-to-ceiling glass windows and up to three metres of ceiling to allow plenty of natural light to flood in, combined with the generous proportions of the living spaces that extend to the balcony.

[smartcode_project:default project_id=135094 project_image_fid=241262]

The kitchens will be well-appointed with a choice of sophisticated Miele or ILVE kitchen appliances including an integrated dishwasher, oven and cooktop.

Crowning the development will be a suite of residential amenities, including an infinity pool, accompanied by private poolside cabanas and sun lounges.

Just steps away from the pool will lie the unique wellness centre, where residents can benefit from chilled and heated magnesium plunge pools, a steam room and a sauna, as well as alfresco private dining and barbecue facilities.&nbsp;

Completion of Murcia Residences is slated for March 2026.

<h2>Project: Andiamo Apartments, Hope Island</h2>

<h2>Prices: Two-bedroom apartment from $544,488</h2>

<h3>Developer: Robert Laybutt</h3>

Developer Robert Laybutt is offering some of the most affordable apartments on Hope Island at Andiamo Apartments.

They have two-bedroom apartments range between $544,488 and $700,816, before the $30,000 Government assistance.

[smartcode_project:default project_id=139743 project_image_fid=218960]

Andiamo had already been a hit with local first home buyers even before the increase in the QLD FHOG was announced.

Andiamo Apartments comprises 76 apartments centred around a resort-style pool on Broadwater Avenue.

First home buyers have also been attracted to the low body corp, just $70 a week, despite the swimming pool, barbecue area, multi-purpose room and access to lifts.

The top three off the plan apartments that trigger Queensland's new $30k first home buyer grant

Habitat Development Group's new $150 million Sunshine Coast apartment development St Clair, on the banks of Laka Kawana, is set to redefine waterfront living in the coastal hotspot.

Taking in the still water of Laka Kawana while also being just a bridge away from the sand of Bokarina Beach, St Clair offers its future residents the best of both worlds.

There's plenty of opportunity to take in the natural surroundings, with two lakeside parks, Central Boulevard Park and Southbank Park, and the Kawana Forest Bushland Reserve.

[smartcode_project:default project_id=108399 project_image_fid=230948]

Central Boulevard Park, adjacent to the east of the site overlooking the canal, features picnic and barbecue facilities and public amenities. The park, well-connected by pedestrian pathways, offers colourful play equipment shaded with sails and picnic shelters overlooking the water, making it an excellent spot for residents to spend a few hours enjoying the surroundings.

Four minutes east and over the bridge is Bokarina Beach, a patrolled, dog-friendly surf beach. Public amenities, playgrounds, and picnic facilities are available.

[smartcode_project:default project_id=108399 project_image_fid=232439]

The Kawana Forest bordering Birtinya offers a leafier adventure.&nbsp;The 957-metre-long Kawana Forest Walking Trail loops into remnant paperbark and eucalypt forest, showcasing diverse flora and fauna.

While being incredibly well connected to nature and peace and quiet, future St Clair residents will have an abundance of amenity on their doorstep.

Situated in the heart of the Sunshine Coast's Health Precinct, St Clair offers residents the convenience of being less than a five-minute drive from Sunshine Coast University Hospital, Stockland Birtinya Shopping Centre, dining, cafes, and entertainment options.

[smartcode_project:default project_id=108399 project_image_fid=232437]

The Sunshine Coast University Hospital is the first teaching hospital to open in Australia in two decades. Several restaurants can be found around the large medical establishment.&nbsp;

Some of the closest and highest-rated restaurants in the vicinity are Wildflower Kitchen, 86 Bangkok Street Food, Sushi Omoide and Cutting Edge Burgers.

[smartcode_project:default project_id=108399 project_image_fid=230361]

Heading north along Kawana Way leads residents to the new Stockland Birtinya, a 17,000 sqm shopping centre with Coles as a major anchor tenant, several mini-majors, specialist stores, and a food precinct with alfresco dining areas. Additional food and grocery options include ALDI, Boocock’s Quality Meats, Bakers Delight, Cellarbrations, Fresh Fruit Brothers, and Lake Kawana Jewellers.

The shopping centre also has more cuisine restaurants, such as On A Roll Sushi, Kebab Zone, and Malt Shovel Tap House for dining and takeaway.

[smartcode_project:default project_id=108399 project_image_fid=230367]

While no schools exist in Birtinya, the nearest government primary and secondary school is Kawana Waters State College in the neighbouring Bokarina. The college is close to the Kawana Sports Precinct, where residents are only within a four-minute drive of the Sunshine Coast Stadium and Kawana Aquatic Centre.

Green Beginnings, a daycare centre, and Kawana Waters Farmers Market are within this vicinity, directly across the lake from St Clair.

[smartcode_project:default project_id=108399 project_image_fid=230354]

Access to Nicklin Way, along with nearby bus stops and major highways, ensures residents stay well-connected to the rest of the Coast. Birtinya is just over an hour's drive from Brisbane CBD.

The first stage release of St Clair has already sold 50 per cent. Eligible homebuyers can take advantage of the First Home Owners Grant at St Clair,

Habitat Construction estimates completion in Q1 2026.

[smartcode_project_cta:default project_id=108399]

On Lake Kawana and next to Bokarina Beach: St Clair's ideal waterside location in Birtinya

Sunshine Coast developer Habitat's recently launched apartment development, St Clair in Birtinya, is attracting both local and interstate investor interest due to&nbsp;the robust infrastructure pipeline in the area and anticipated population boom in population in the Sunshine Coast region.

Birtinya, which neighbours Bokarina and Wurtulla, will become a main attraction for the Sunshine Coast and have significant transport links as part of the government's $10 billion infrastructure pipeline.

The government's light rail project, connecting the Maroochydore CBD with Caloundra, will pass through Birtinya and the $3.2 billion, 37-kilometre rail extension between Beerwah &amp; Maroochydore.

[smartcode_project:default project_id=108399 project_image_fid=232439]

Further infrastructure upgrades in the region include the Sunshine Coast Airport expansion of the 5.6-hectare greenfield Maroochydore CBD, which will contribute $4.4 billion to the economy, and the $3.2 billion investment in the Sunshine Coast Health Precinct.

All of the infrastructure—the expansion of the Sunshine Coast Airport, the light and heavy rail extension project, solar farm, submarine cables, injection on the Sunshine Coast health precinct, and a new USC University campus—will create over 100,000 jobs for the region which is already booming more than some of Australia's capital cities.

The GDP of the Sunshine Coast is $24 billion a year, which surpasses Adelaide's, Canberra's, and Darwin's GDP. Sunshine Coast's economic growth is expected to reach $33 billion by 2033.

[smartcode_project:default project_id=108399 project_image_fid=232440]

Sunshine Coast has evolved beyond its initial small-town status, indicating significant potential for growth and an attractive investment opportunity.

The transformation into a larger city, coupled with unprecedented factors, is expected to lead to a substantial economic expansion, potentially more than doubling in size within the next 15 years.

Despite the positive outlook, challenges such as record-low unemployment and persistent population growth highlight an increasing demand for housing on the Sunshine Coast. These challenges are further intensified by a growing shortage of available dwellings, creating a critical opportunity for astute investors to capitalise on the favourable conditions anticipated.

[smartcode_project:default project_id=108399 project_image_fid=230354]

According to Bis Oxford Economics, solid population growth, combined with supply-side challenges, is expected to result in the undersupply of dwellings on the Sunshine Coast rising from 3,900 dwellings in FY2023 to approximately 4,800 dwellings in FY2027.

Investors at St Clair, two adjoining buildings on the water, can expect to secure tenants anywhere between $600 to $680 a week for the two-bedroom apartments, which would reflect a rental yield of around four per cent. They start from $749,900.

The three-bedroom apartments, priced from $869,900, could see yields at comfortably over four per cent if they secured a tenant at the lower end of the $700 to $900 a week forecast. At closer to $900 a week, that yield&nbsp; jumps to nearly 5.5 per cent.

[smartcode_project:default project_id=108399 project_image_fid=230765]

The $150 million development, KArchitecture-designed St Clair, on two side-by-side blocks on Waterfront Retreat, will comprise two eight-level residential towers with 200 two, three and four-bedroom apartments.

There will be a maximum of 13 apartments on each level. Some large penthouse apartments will have over 50 sqm of outdoor space, while a handful of courtyard apartments will have around 90 metres of gardens.

A 25-metre resort-style lap pool is on the ground level, featuring a five-metre shallow wading entry adjacent to a BBQ pavilion. A residents' 16-seat dining room with a private outdoor terrace complements the pool for social gatherings.&nbsp;

[smartcode_project:default project_id=108399 project_image_fid=230355]

Crowning St Clair is a communal rooftop terrace enveloped by lush subtropical landscaping by Place Design Group, with an outdoor kitchen and BBQ facilities. The rooftop deck faces Bokarina Beach towards the east, while the lounge overlooks the hinterland to the west.

Additional amenities and services include an outdoor beach shower, dog wash facilities, parcel locker storage, and professional property management.

Builder developer Habitat, who are currently building The Corso in Maroochydore where they are also seeing significant interest from Sydney investors, has fast tracked construction due to strong sales.

Habitat Construction is estimating completion of St Clair in Q1 2026.

[smartcode_project_cta:default project_id=108399]

The GDP of the Sunshine Coast is $24 billion a year, which surpasses Adelaide's, Canberra's, and Darwin's GDP

Why Birtinya's newest off the plan apartment development St Clair stacks up for investors

Ever since the new Maroochydore CBD was gazetted back in 2015, locals and interstate investors have had their eyes on what is fast becoming the focal point of the Sunshine Coast.

The most prominent developer in the Maroochydore region for the last two decades has been <a href="/developers/habitat-development-group">Habitat Development Group</a>, who have been developing and building apartments in the area since 2005.

They're currently building <a href="/buildings/the-corso-maroochydore-20-south-sea-islander-way-maroochydore">The Corso</a>, only the second tower in the&nbsp;evolving <a href="/developments/maroochydore-qld-4558">Maroochdyore</a> CBD, which is one of just a handful of greenfield CBD's in the world. The Sunshine Coast&nbsp;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. They secured the former Horton Park Golf Course eight years ago and went about creating a new city.

In partnership with SunCentral&nbsp;<a href="/developments/maroochydore-qld-4558">Maroochydore</a>&nbsp;and&nbsp;<a href="/developers/walker-corporation" target="">Walker Corporation</a>, the new CBD, to be known as The Bright City, will home 160,000 sqm of commercial and retail space and 4,000 residential apartments when completed in the next 15 to 20 years.

It's drawn owner-occupiers, be it purchasers or renters, to the area, as well as interstate investors. Savvy Sydney investors have identified Maroochydore as an opportunity. They've made up around 50 per cent of the purchases in The Corso, which has 158 apartments across two towers on South Sea Islander Way.

Read more: <a href="/news/qld/why-sydney-investors-are-dominating-in-maroochydores-the-corso-development-on-the-sunshine-coast">Why Sydney investors are dominating in Maroochydore's The Corso development on the Sunshine Coast</a>

&nbsp;

[smartcode_project:default project_id=100708 project_image_fid=197260]

The project, with 715 sqm of retail space on the ground floor, a 600 sqm communal terrace connecting the two towers and a resort-style swimming pool, is around 65 per cent sold.

<a href="/buildings/the-corso-maroochydore-20-south-sea-islander-way-maroochydore">The Corso</a> comes after Habitat's Market Lane Residences, at the entrance to the new CBD on Mundoo Boulevard, which was completed early last year.

<a href="/buildings/the-corso-maroochydore-20-south-sea-islander-way-maroochydore">The Corso</a> will bring much&nbsp;needed housing supply to the area. Maroochydore has been steadily gaining popularity over recent years, evident in census data from the Australian Bureau of Statistics. In 2016, 16,800 people called Maroochydore home, a number that has swelled to 20,629 in 2021.

[smartcode_project:default project_id=100708 project_image_fid=194875]

<a href="/developers/habitat-development-group">Habitat</a> made sure they contributed to driving the Sunshine Coast economy with <a href="/buildings/the-corso-maroochydore-20-south-sea-islander-way-maroochydore">The Corso</a>. Around 380 people have been employed to help deliver the project.

“We have a commitment to supporting local trades in all our projects as much as we can," Habitat Managing Director Cleighton Clarke says.

"We were concerned the labour shortages might affect this project given its size. But despite the labour shortages in the construction sector, it’s been really exciting to see how many local trades are interested in being involved in this new CBD project.&nbsp; That means we’ll be able to resource the project without having to go outside the Sunshine Coast which is great news for the local economy."&nbsp;&nbsp;

The Corso is slated for completion in mid-2024.

[smartcode_project_cta:default project_id=100708]

The Sunshine Coast 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

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