There’s a quiet patch of <a href="https://www.apartments.com.au/developments/hawthorn-vic-3122">Hawthorn</a>, between the bustle of Glenferrie Road and the curve of the Yarra, that rarely sees change, and even more rarely, new apartments. But that’s exactly where <a href="https://www.apartments.com.au/developers/pomeroy-pacific-quattro-corp">PQD</a> is planting Kooyongkoot: a deliberate, 18-residence answer to the question of what downsizers actually want.

“This is something this pocket of Hawthorn has never seen before,” says Fil Gacesa, head of sales at PQD. “<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a> will deliver just 18 large-scale apartments in the heart of Hawthorn. It is the true definition of resort-style living.”

<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/59D7VxzltmM?si=1iCzRD7FRneKryfv" title="YouTube video player" width="560"></iframe>

That scale is central to the story. It’s what allows for two dedicated lift cores, short corridors, and a generous lightcourt that draws natural ventilation and sunlight into every residence. It’s also what makes room for the sort of amenity usually confined to high-density towers: a fully equipped wellness centre with infrared and traditional saunas, yoga and pilates studio, cold therapy shower, and treatment room. There’s a golf simulator, car and dog wash stations, and extensive storage too, not bolted on, but baked in from the start.

But more than the checklist, it’s the design intent that carries weight. “This project has been many years in the making,” says Mark Pomeroy, Director of PQD. “Not just in planning, but in listening, to what our buyers and the local community are looking for”.

[smartcode_project:default project_id=102717 project_image_fid=355289]

That listening shows up in the materials, oak floors, natural stone, V-ZUG appliances, and in how space is handled. Penthouses feature private rooftop terraces with pools. Terraces and garden residences embrace outdoor connection. Inside, the layouts skew large and open, geared for hosting, not just housing.

Architecturally, <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>’s approach is grounded. There’s no reaching for spectacle here. Instead, the building offers a sculptural calm, anchored by landscaping from Eckersley Garden Architecture.&nbsp;

“We wanted to create spaces that feel expansive, serene, and meaningfully connected to daily life,” said founding partner Chris Stribley elsewhere.

[smartcode_project:default project_id=102717 project_image_fid=355304]

That sentiment, calm, connection, echoes in the location itself. Kooyongkoot sits just a short stroll from Central Gardens, Fairview Park, and the Rivoli Cinema. Tram lines and schools are close, but the street is tucked, quiet, and leaf-lined.&nbsp;

“Residents of Kooyongkoot will be a short stroll from Fairview Park, Central Gardens, and the Glenferrie Road retail strip," Gacesa notes, "but you're also cocooned in this peaceful pocket behind extensive landscaping by Eckersley Garden Architecture.”

Kooyongkoot is set for completion in late 2026.

[smartcode_project_cta:default project_id=102717]

Staff Writer

The project that said no to compromise: Inside Kooyongkoot, Hawthorn

When long-time Ivanhoe locals Graeme and Catherine, decided it was time to downsize, they weren’t necessarily in a rush.&nbsp;

Like many in their stage of life, they had started thinking about apartment living, but anticipated making the shift in two to three years.

That timeline changed when they visited <a href="https://www.urban.com.au/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe">Candela</a>, a new boutique development by <a href="https://www.urban.com.au/developers/salter-brothers">Salter Brothers</a>. The project ticked all the boxes they were looking for: location, quality design, and long-term lifestyle benefits, which prompted them to bring their decision forward.

“It was the right place at the right time,” they said. “We knew immediately it ticked all the boxes, and we didn’t want to wait.”

[smartcode_project:default project_id=342 project_image_fid=358855]

Their decision to downsize was driven by a combination of practical needs and lifestyle considerations. Their existing home, while much loved, had become increasingly difficult to maintain. It spanned multiple levels, included extensive front and back gardens, and was starting to show the wear that comes with age.&nbsp;

They were looking for a more manageable lifestyle, one with less upkeep and more freedom. A brand-new apartment with no maintenance requirements and the ability to simply “lock up and leave” gave them peace of mind and a greater sense of control over their future.

Financially, the purchase made sense as well. The available stamp duty savings, strong price-to-value offering, and timing of the settlement suited their plans, making the transition smoother and more cost-effective. The apartment's design and inclusions further supported their choice.

[smartcode_project:default project_id=342 project_image_fid=357493]

The layout was both functional and flexible: three bedrooms, a butler’s pantry, a separate laundry, and a large open-plan living area. It gave them the freedom to host a family, accommodate guests, or set up a home office. The expansive balcony and elevated views added to the appeal, providing a sense of openness and connection to the outdoors.

“It just had a really good flow,” Catherine noted, something they found lacking in many other apartments they’d considered, particularly in the established market.

Candela’s boutique scale was another deciding factor. With a smaller number of residences and a top-floor penthouse position, the couple felt the development offered the privacy and space they were looking for, without feeling isolated.

“We liked that it wasn’t a huge development. It felt well-balanced, modern but still with a sense of community, not overwhelming,” they said.

[smartcode_project:default project_id=342 project_image_fid=357508]

Equally important was the ability to remain in Ivanhoe, a suburb they know well and have deep roots in. After 46 years in the area, proximity to local parks, shops, and familiar faces mattered just as much as the apartment itself.

“We didn’t want to give up the community we’ve known for decades. Candela allowed us to upgrade our lifestyle while staying in the place we call home.”

With a Walk Score of 90, the village location supports a convenient, connected lifestyle. <a href="https://www.apartments.com.au/developments/ivanhoe-vic-3079">Ivanhoe</a> Station is just a eight-minute walk away, and the neighbourhood offers access to parks, cafes, restaurants, and schools along Upper Heidelberg Road, all within easy reach.

Beyond the apartment, the couple also saw value in the broader vision for Candela, one that integrates residential living with public spaces and local amenities.&nbsp;

The development introduces 58 new apartments as well as a mix of commercial and social spaces that integrate contemporary architecture with the suburb’s existing character.&nbsp;

At ground level, residents will find a charming café and a lifestyle wellness centre, perfect for unwinding and rejuvenating. Meanwhile, the rooftop garden offers a stunning vantage point for residents to enjoy breathtaking sunsets, host gatherings, or enjoy barbecues with family and friends. It's not just a place to live; it's a vibrant community where every moment is an opportunity to connect and create lasting memories.

[smartcode_project_cta:default project_id=342]

Why Ivanhoe locals are choosing to downsize to Candela

Mark and Roy Makari are expanding their presence in Sydney’s South West with a second major proposal for Leppington, this time envisioning a 900-dwelling mixed-use development just 850 metres from their previously lodged tower trio on Fifth Avenue.

Project management and construction management firm Creative Vision filed the plans for the&nbsp;multi-building project at <a href="https://www.apartments.com.au/new-apartments/230-rickard-road-leppington-nsw-2179">230 Rickard Road, Leppington</a>. The proposal seeks to establish a new focal point for the precinct through a high-density, transit-oriented development supported by diverse land uses.

According to the Scoping Report prepared for the Department of Planning, the scheme includes around 900 apartments across multiple towers, including 135 dwellings designated for affordable housing. A mix of market and subsidised apartments will be supported by ground-level activation through retail and office space, a childcare centre, and a hotel, forming a comprehensive urban precinct.

<img alt="Mixed Use Development 230 Rickard Rd Leppington" data-entity-type="file" data-entity-uuid="34797362-f3dc-4d84-8235-2657fc5f3bde" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Plan.png?VersionId=Uzckrz9tUpDQl5lX1_WMhjnv16bsr8wG" />

The Design Report by <a href="https://www.apartments.com.au/architects/studiosc-0">Studio SC</a> notes that the project “intends to deliver a high-quality, high-density built form that supports the vision for the Leppington Town Centre, integrating mixed-use outcomes and public domain upgrades.” The development is expected to be delivered in stages, although a precise timeline is yet to be confirmed.

The project will be assessed through a future State Significant Development Application, with the Scoping Report indicating the team will seek design excellence via a competitive process or through an expert design review panel. Early massing diagrams suggest a series of mid- to high-rise buildings framing a central landscaped spine, with emphasis on pedestrian permeability and public space.

The planning documentation flags a strong sustainability agenda, stating that the development will “respond to the urban heat island effect, incorporate water sensitive urban design, and prioritise active transport”.

<img alt="Mixed Use Development 230 Rickard Rd Leppington" data-entity-type="file" data-entity-uuid="369d7b54-1279-4cde-88ec-dcb215594414" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Podium_1.png?VersionId=QArL7B2kkLt63vl5xvL0FNV_ardAlez4" />

The proposal follows in the footsteps of the Makaris’ nearby Fifth Avenue site, where they’ve submitted plans for three towers comprising nearly 500 apartments, with 10 per cent dedicated to affordable housing. That project features commercial podiums, a childcare centre, and a new public park that would occupy more than a third of the site.

Both developments are situated within walking distance of Leppington Train Station and fall under strategic precinct plans promoting higher density housing. The town centre is undergoing substantial transformation, driven by state government planning reforms aimed at fast-tracking housing delivery.

Together, the two projects represent a combined ambition of nearly 1,400 new homes across just under two kilometres of central Leppington.

First look: 900-home mixed-use precinct planned for Leppington

Leading Australian integrated property development group, <a href="https://www.apartments.com.au/developers/aqualand-australia">Aqualand</a>, has released the signature penthouses crowning its landmark AURA by Aqualand precinct at 168 Walker Street in North Sydney, unveiling Il Magnate and La Divina as the largest and most luxurious penthouses in the suburb.

With prices anticipated to commence from $15 million, and each accompanied by a new Porsche Carrera 911 valued at over $500K, the residences mark the culmination of <a href="https://www.apartments.com.au/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA by Aqualand</a>’s decade-long journey and the beginning of its final sales chapter. 
&nbsp; 
Their release follows more than $850 million in record-breaking residential sales and the building’s completion and occupation.

[smartcode_project:default project_id=30959 project_image_fid=358868]

The Richards Stanisich-designed 284 sqm Il Magnate and 224 sqm La Divina penthouses, collectively known as The Icons of AURA, are conceived as grand luxury homes rather than apartments, with expansive proportions, elevated materiality and curated identities that reflect their status as one-off residences.&nbsp;

Il Magnate features a grande master suite, complete with substantial walk-in dressing area and ensuite, three other bedrooms, second ensuite and another bathroom, powder room, open plan kitchen, scullery, substantial dining area and generous living room divided by a feature fireplace, and a multifunction wintergarden, which is ideal for a study and adjoining office breakout space. &nbsp;

Meanwhile, the La Divina residence offers the same amenities, sans the powder room, on a slightly smaller alternate floor plan configuration.

[smartcode_project:default project_id=30959 project_image_fid=358863]

Each occupies half of AURA by Aqualand’s topmost 28th level, comes with four secure car spaces and pairs sweeping Sydney Harbour panoramas with large-scale living spaces, refined detailing and a level of craftsmanship and amenity rarely offered in the North Shore market.&nbsp;

Penthouse residents will also receive Etymon’s ‘Black Key’ private concierge and lifestyle management service, an invitation only offering providing the ultimate in bespoke personalisation, including a range of everyday discrete services, from dinner party management, grocery deliveries, pet feeding or plants watered, dinners, snacks and coffee deliveries, event ticket sourcing, right up to organising travel visas and international airfares. Rarely seen in Australian properties, the service provides residents the benefits of living in a world-class luxury hotel-style home, akin to The Ritz, or the Waldorf Astoria.

[smartcode_project:default project_id=30959 project_image_fid=358862]

<a href="https://www.apartments.com.au/interior-designers/richards-stanisich">Richards Stanisich</a>’s Director, Kirsten Stanisich, said the studio set out to craft residences that feel profoundly considered, contemporary and deeply connected to their setting.

“From the outset, we approached these penthouses with the sensibility of a grand Parisian residence - generous in scale, elegant in proportion and designed to feel more like a handcrafted home than an apartment," Stanisich said.

“Their elevated position and sweeping harbour outlook informed every decision, creating a rare connection between urban sophistication and natural calm. We shaped each space with expressive materiality, sculptural forms and bespoke detailing that invite touch and interaction.&nbsp;

“The result is a pair of residences defined by volume, light and an inherent softness - refined, flexible and deeply personal. These penthouses are unlike anything else in North Sydney, offering a sanctuary of true luxury framed by some of the city’s most remarkable views.”

For Aqualand’s Head of Sales &amp; Marketing, Alex Adams, the collaboration with Porsche underscores the shared ethos behind the residences.

“Aqualand’s collaboration with Porsche underpins both brand’s sharing an obsession with craftsmanship, design excellence, and enduring value," Adams said.

“Our penthouses are created for those who appreciate the finer details and expect the extraordinary at every touchpoint. Including a Porsche simply extends that experience beyond the residence - it’s a continuation of the lifestyle our buyers already live.”&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=292862]

Aqualand’s Managing Director, Jin Lin, said the penthouses represent both the pinnacle of AURA by Aqualand and an important design benchmark for the company’s future pipeline.&nbsp;

“These stunning penthouses reflect the purest expression of Aqualand’s design ambition," Lin said.

“The unparalleled design intent makes them not only the glistening crown of AURA by Aqualand, but the crown of North Sydney itself. They’re essentially a thank you gift to a burgeoning community that deserves this level of quality and architectural consideration.&nbsp;

“We’re leveraging the unrivalled standard set here as the foundation for what comes next, including our upcoming Anderson Street, Chatswood; 15 Blue Street, North Sydney and Central Barangaroo projects. Purchasers of these penthouses will essentially be living inside the blueprint of Aqualand’s future.

“These landmark residences demonstrate how far North Sydney has evolved and the strength of demand for highly curated, bespoke luxury homes. They’re more than penthouses, they’re legacy residences.&nbsp;

“With AURA by Aqualand now a thriving new precinct with residents well and truly settled, and our in-house world-class lifestyle amenity activated, Il Magnate and La Divina represent a once-in-a-lifetime opportunity to secure an extraordinary piece of North Sydney’s future.”

[smartcode_project_cta:default project_id=30959]

Joel Robinson

Aqualand launches North Sydney penthouses with free Porsche Carrera 911

<a href="https://www.apartments.com.au/developments/bokarina-qld-4575">Bokarina</a> Beach has quietly evolved into one of the Sunshine Coast’s most complete coastal lifestyle precincts, defined not just by proximity to the ocean, but by how residential living, local retail and everyday amenity are stitched together.&nbsp;

Gardner Vaughan Group’s <a href="https://www.apartments.com.au/new-apartments/bask-bokarina-38-bokarina-boulevard-bokarina-qld-4575">Bask Bokarina</a> now represents the final residential chapter in that transformation.

[smartcode_project:default project_id=141609 project_image_fid=333360]

Over recent years, the Bokarina Beach precinct has taken shape as a walkable, community-oriented neighbourhood, anchored by beachfront access, Lake Kawana to the west, and a growing mix of cafés, specialty retail and public open space.&nbsp;

With Zinc Bokarina already delivered next door by <a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> (GVG), Bask is the last opportunity to buy a brand new apartment within the precinct, effectively rounding out a fully formed coastal village.

GVG has positioned Bask to strengthen that lifestyle framework. Ten ground-floor retail spaces are planned beneath the residences, extending Bokarina Boulevard’s existing activity and reinforcing the area’s everyday convenience, from casual dining and coffee to local services, within a short walk of the beach.

[smartcode_project:default project_id=141609 project_image_fid=333359]

The residential component comprises 135 apartments across two buildings, Mydas and Caretta, with a clear shift toward larger three- and four-bedroom layouts and penthouses. That mix reflects a maturing buyer profile in Bokarina, where demand is increasingly led by owner-occupiers and active downsizers seeking space, permanence, and connection to place rather than short-term coastal accommodation.

Design and amenity have followed the same logic. Residents will have access to a heated plunge pool, gym, private dining room with a full kitchen, landscaped communal gardens with barbecues and a firepit, and a shared herb and vegetable garden, facilities intended to support daily use rather than resort-style turnover. Pet-friendly features, including a dog wash bay, acknowledge both buyer expectations and the area’s dog-friendly beach, located around 250 metres from the site.

[smartcode_project:default project_id=141609 project_image_fid=333366]

“Bokarina has become one of the Sunshine Coast’s most desirable beachside communities, and Bask represents the very last chance to buy new in this location,” GVG Director Sam Gardner said.&nbsp;

“Our focus has been to create spacious, functional apartments that meet the needs of locals who want to downsize without compromise, as well as those seeking a full-time coastal retreat.”

Positioned between the Pacific Ocean and Lake Kawana, Bask apartments have been oriented to capture outlooks toward the water or the Glass House Mountains, reinforcing the project’s connection to its natural surroundings. With parks, beachfront paths, hospitals, retail and public transport already in place, Bask arrives at a point where the broader precinct is no longer emerging, but established.

Construction is expected to complete in Q3 this year, with apartments ready to move into this Spring.

[smartcode_project_cta:default project_id=141609]

Bask to complete Bokarina’s Sunshine Coast lifestyle precinct as final apartments are released

Sutherland Shire

Sydney property developers Fyve are heading south of the city for their latest residential development.&nbsp;

The group has lodged plans an amalgamated site in the heart of the Shire, with WMK Architecture behind the designs for the 36 apartments at 15-19 Pinnacle Street, Miranda.&nbsp;

A mix of apartment types will be delivered across a five-storey building, with four one-bedroom, 28 two-bedroom, and four three-bedroom apartments planned.&nbsp;

<img alt="Render of the proposed Miranda apartment development" data-entity-type="file" data-entity-uuid="8ad956c2-7413-434c-b757-116ff7fef8b6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-26%20at%2010.38.22%20pm.png?VersionId=qiH2X2G2ZW18gC3KXMPA6LB38p6FIwi0" />Render of the proposed residential development at&nbsp;at 15-19 Pinnacle Street, Miranda.

Following an open plan design, the living, dining and kitchen areas adjoin to generously-sized open spaces, in the form of balconies and terraces, connecting the indoors with the out whilst also providing additional living space.&nbsp;

Light and dark brown cladding will encompass a majority of the built form, with similar colours and materials used throughout, tying the project to the local environment.&nbsp;

In keeping with the natural surrounds, landscaping and greenery plays a pivotal role in the development, not only in the form of open communal spaces across the ground floor, but in softening the edge of the building and providing clear entry points into the building.&nbsp;

Landscaping will also enhance the privacy of the internal courtyards and balconies, without impeding views from the site. &nbsp;

Fyve has a steady pipeline of projects in the works, with the group also behind the plans for Liverpool's tallest apartment tower, which only recently launched to the market.&nbsp;

Dubbed The Liverpool, the 34-storey tower will deliver 193 apartments, along with a 93-room hotel, 6,500 sqm of commercial space, and a range of ground-floor retail tenancies.

While not only providing stock to a market that is strong in demand, especially in the Shire area, the proposed development also benefits from close proximity to public transport along with the Miranda Town Centre. 

alisonwarters@gmail.com

Sydney developers Fyve lodge plans for Miranda apartment project

The boutique Sydney developer Fiducia is set to launch its latest apartment collection to the market, an exclusive range of 12 Mediterranean-inspired residences in the heart of the Sutherland Shire.

Callista, derived from the Greek word for ‘most beautiful’, is positioned in one of Cronulla’s most intimate beachside neighbourhoods, with the apartments featuring design pieces hand selected from the European coastline.

<img alt="Render of the proposed Cronulla apartment project, Callista" data-entity-type="file" data-entity-uuid="971c72a3-78b0-4b10-95f3-c7fff712aba7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/LAANSTUDIOS_S010_HERO_FINAL2500%20V2.jpg?VersionId=UC4ED_IrEFlgpyOD2FXCH11V.BNAbAQ0" />

Two, three and four-bedroom apartments are on offer on, with the apartments extending onto either lush garden courtyards or balconies, with the four-bedder dwellings on the higher levels benefitting from ocean views. &nbsp;

Fiducia’s Development Director, Marie Doyle, said the group have long had a love and history of delivering boutique costal apartments, with it only being a matter of time until they developed in Cronulla.

“Callista offers something for a range of buyers from young professionals, downsizers with a love for beachside proximity or locals simply seeking an upgrade in living," Doyle said.

Prices begin at $2.2 million for a two-bedroom courtyard apartment, ranging up to $7.3 million for the four-bedroom penthouse.

<img alt="Render inside one of the proposed Cronulla apartments at, Callista" data-entity-type="file" data-entity-uuid="b7a37ff6-3f12-47fa-b2fb-937edf0c4cb2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/LAANSTUDIOS_4.01%20PENTHOUSE%20LIVING_FINAL2500.jpg?VersionId=Jt3F5AQE1E7jvhEFJVmZLoSQmqTvhqK6" />

Fiducia have appointed interior designer Chloe Matters to handle the interiors of the apartments, which are designed by local architects Peter Courvaras.

“We wanted to bring together an organic palette rich in texture with elements of rustic stone, natural whites and materials that conjured up that effortless feeling of summer on the Mediterranean coast,” Doyle added.

Callista will also offer residents a communal pool, barbecue area, outdoor shower and surfboard racks.

Highland has been appointed as the exclusive selling agent on the project. Highland CEO David Highland saying the project will set a new benchmark for luxury in apartment living in Cronulla.

<img alt="Render of the proposed Cronulla apartment project, Callista" data-entity-type="file" data-entity-uuid="a93da543-d87b-474a-b198-011ae877fa76" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/LAANSTUDIOS_COMMUNAL%20AREA_FINAL2500.jpg?VersionId=R4cBZa4EwuzafpZl3VKM6h5XmTocnXsb" />

“With an obvious nod to European design and styling not seen before in Cronulla, Callista will offer buyers something very special and unique," Highland said.

"I’m excited to see Fudicia’s new project come to life."

Established in 2004, Fiducia has completed over 700 residences to date, picking up a string of awards along the way, including from the Urban Development Institute of Australia (UDIA NSW), Housing Industry Australia (HIA), and REINSW.

Fiducia set to launch luxury Cronulla apartment project, Callista 

Modern Developments has dipped their toe in the waters of the Shire to bring to life their latest residential offering, Eterna.

The Sydney-based company has developed a reputation for delivering high-value residential and mixed-use developments in Sydney’s prestigious Upper North Shore, St George and Inner-city regions since establishing themselves back in 2001, with Eterna being no different.

[smartcode_project:default project_id=109837 project_image_fid=184579]

Curated by North Sydney architects, Krikis Taylor, the residences have been designed with a focus on oversized layouts, with living spaces offering floor-to-ceiling windows, connecting the inside to the out and allowing natural light to filter through while opening various view aspects.

Inspired by its surroundings, Eterna apartments feature an array of one, two, three and four-bedroom apartments with a modern yet timeless palette that balances both dark and light tones.

Each section of these residences have been meticulously-finished with the finest of materials. The kitchens boast premium Caesarstone benchtops, contemporary glass splashbacks and quality ILVE appliances paired with soft, Grey Oak floorboards leading to the bedrooms which feature plush carpet throughout, while the bathrooms have been designed with a spa-like essence.

[smartcode_project:default project_id=109837 project_image_fid=184584]

One of the standout features tying Eterna to its surrounds is the level six rooftop, complete with seating spaces, barbecue amenities and lush greenery, set against a backdrop of sweeping Shire views.

Positioned close to transport, cafes, lush greenery and neighbouring suburbs with an array of dining and shopping options, the desirable Shire address also benefits from connections to the ocean and surrounding Royal National Park.

[smartcode_project_cta: project_id=109837]

Inspired by its surroundings, Eterna apartments feature an array of one, two, three and four-bedroom apartments with a modern yet timeless palette that balances both dark and light tones.



Modern developments behind Shire residences, Eterna 

The Sutherland Shire&#39;s newest striking apartment development, Grand Vermont, has officially sold out.

The development of 100 apartments at 48 Vermont Street was designed by Benson McCormack Architects (BMA)&nbsp;with a sleek, curved facade, bending around&nbsp;all four of the buildings to create a wave-like feature.

Grand Vermont was developed in a joint venture between property developers Hone Constructions and Holis, who have over 15 years experience in the property industry.

<img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/grand_vermont_exterior.jpg" width="1200" />

First home buyers were keen on the development, particularly at the start of the year with the raft of government incentives. One-bedroom apartments were priced from $550,000, two-beds from $730,000 and three-bedroom apartments from $1.2 million.

Each apartment was kitted out with built-in Fisher &amp; Paykel appliances, Tongue n Groove engineered European oak flooring and Caesar Stone kitchen benchtops.

HAUS Agency director Alex Vrisakis said they saw strong sales as the building nearing completion.

&quot;Many buyers were able to try before they buy,&rdquo; Vrisakis said.

<img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/grand_vermont_interior.jpg" width="1200" />

&ldquo;They were able to physically stand in the kitchen or bathroom of the apartment they had their eye on, see the aspect and view, and measure for furniture, which really boosted the final few sales.&quot;

Vrisakis said owner occupiers made up 85% of buyers, he added was&nbsp;very telling in this market.

&ldquo;We saw enquiry from all over Sydney, but ultimately Sutherland Shire based buyers snapped up most of the units, taking advantage of up to $30,000 in Government first home buyer support. We&rsquo;re seeing the appetite for quality apartments has not wained, and achieved great prices.&rdquo;

<img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/grand_vermont_lawn.jpg" width="1200" />

More than 40 per cent of apartment sold within the first three months of its launch in December 2020.

Sean Dowling, another director at HAUS Agency Director, said it was not a surprise to see the majority of&nbsp;buyers have come from within the Sutherland Shire.

&quot;When physical inspections were not able to happen, we created virtual tours, so buyers would meander through the apartments, common areas and street front from their own home.&rdquo;

Grand Vermont, Sutherland Shire's latest apartment development, sells out

First home buyers have been driving enquiry for the new Sutherland development Grand Vermont, which is nearing completion.

The 100-residence project&nbsp;at 48 Vermont Street, Sutherland, is being developed jointly by construction veterans and well known property developers Home Constructions and Holis.

Benson McCormack Architects have handled the design of the building, with a sleek and unique fa&ccedil;ade the stand out, with the curved architecture encapsulating residents from the street below.

<a href="/buildings/grand-vermont-48-vermont-street-sutherland"><img alt="" height="877" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/grand_vermont_sutherland_3.jpg" width="1200" /></a>

HAUS Agency Director, Alex Vrisakis, said the development offers all the comforts you need in a first home, or perhaps to downsize from the family home.

&nbsp;&ldquo;We&rsquo;re seeing first home buyers from all over Sydney take advantage of up to $30,000* in Government first home buyer support.&rdquo;

[smartcode_project:default project_id=89712]

Since its sales launch, Grand Vermont has sold over&nbsp;40% of apartments&nbsp;during the COVID-19 pandemic. Enquiries have come not just from within the Sutherland Shire, but from greater Sydney.&nbsp;

&ldquo;75% of enquiry on Grand Vermont has been from first home buyers, and 15% of enquiries have been from owner occupiers,&rdquo;&nbsp;Vrisakis said.

&ldquo;We&rsquo;re seeing interest not just the Shire, but areas like the North Shore, Inner West Corridor and the Illawara, from those looking for a sea change.&rdquo;

One bedroom apartments start from&nbsp;$550,000, with two bedrooms priced from $730,000, meaning there&#39;s no stamp duty to be paid on those bedroom configurations.

Three bedrooms start from $1.2 million.

The development is located 35 minutes by train to Sydney CBD, less than 5km to Westfield Miranda and&nbsp;Cronulla Beach.

Each of the one, two and three bedroom residences have been designed to capture as much light as possible.&nbsp;They all feature&nbsp;Fisher &amp; Paykel appliances and&nbsp;20mm Caesar Stone benchtops in the kitchen and&nbsp;Tongue n Groove engineered European oak flooring.

<a href="/buildings/grand-vermont-48-vermont-street-sutherland"><img alt="" height="895" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/grand_vermont_sutherland_2.jpg" width="1200" /></a>

There is a lush communal landscaped outdoor area for residents which keeps&nbsp;strata fees low.

In 2020, Sutherland Shire was voted the #2 most liveable location in Australia in a survey by market research leaders Ipsos.

Find out why first home buyers are flocking to new Sutherland apartment development Grand Vermont

<html><body>
Sydney first home buyers should consider looking at suburbs further from the CBD, with good transport links, according to HTW’s Month in Review: March 2017. 
The valuation firm says Hurstville and Sutherland are hubs on the eastern suburbs/Illawarra railway line which may be attractive options.
“First home buyers should be cautious of areas where a large number of units have been constructed and are about to commence as this could lead to an oversupply and put downward pressure on both prices and rents,” the report says.
“Botany/Mascot and Waterloo/ Zetland/Green Square in the inner-south, and Miranda in the Sutherland Shire are potential areas of concern.”
“Just remember if you’re a first home buyer stretching yourself too thin by purchasing something you can just barely afford, is risky – interest rates will start to rise at some stage so it is important to have a buffer built-in to your ability to finance your loan.”
Options are limited for first time buyers throughout greater Sydney and surging prices for the past few years has made it difficult to get into the market.
CoreLogic reports the median house price is currently sitting at $850,000, with a 20% deposit this translates to $170,000.
“The two biggest issues young buyers and first home buyers need to address are price and location. Firstly work out what is affordable and sort a mortgage that is serviceable,” HTW says.
It says the main areas for affordable housing and entry level investment with long term growth prospects are located on the outskirts of Sydney –
• Outer western Sydney, suburbs such as Penrith; Kingswood; Jordan Springs; Ropes Crossing with a median price for a 3-bedroom house at $570,000; $530,000; $625,000 and $595,000 respectfully. (domain)
• South west of Sydney, suburbs such as Leppington, Gregory Hills and Oran Park requiring $660,000 to $700,000 for the same 3-bedroom product.
“New estates within the south west growth precinct present solid long term growth opportunities thanks to the substantial infrastructure spending including Badgerys Creek Airport, investment in surrounding employment areas and updates to transport links.
“As recent times has shown us if you want growth then follow the infrastructure.
“We note land in Austral within a recently released subdivision starts from circa $360,000 and 3-bedroom house and land packages from $615,000, well below the Sydney wide median figure of $850,000.
“In addition to the lower entry point, this region presents a good option for both investors and owner-occupiers thanks to depreciation benefits, government incentives of buying a new property and most importantly capital growth prospects.”
A three bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-penrith-124757482" target="_blank">44 Allard Street</a>, Penrith (above) has been listed for $640,000.
Similarly a three bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-ropes+crossing-124590474" target="_blank">16 Maiden Street</a>, Ropes Crossing (below) has been listed for $629,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/09/16%20Maiden%20Street.jpg" alt="">
</body></html>

jonathanchancellor-7SQnKwU6yx

Go west to find affordable Sydney locations

<html><body><div class="page" title="Page 6">
<div class="section">
<div class="layoutArea">
<div class="column">
Downsizers are playing a significant part in driving the local market in the Sutherland Shire, as they sell their larger family homes for smaller three- bedroom units or duplex homes, according to the latest Herron Todd White (HTW) residential report. 
The valuation firm took a look at what things traditionally matter to property markets and how current crisis is playing into decision making. 
"These types of properties appeal to the downsizer market as they cash in on their large family home for a more modern and low maintenance alternative," the valuation firm said. 
Prestige units located in central areas near transport and shops have always been popular with the empty nester demographic and more recently, low maintenance duplexes with a lift, minimal stairs or the ability to have a bedroom and bathroom on the ground floor are also proving popular.
A one bedroom apartment with parkland views in Miranda has recently been sold for $531,500.
Situated at <a href="https://www.realestate.com.au/sold/property-apartment-nsw-miranda-133200262" target="_blank">74/7-15 Jackson Avenue</a> (pictured below), the apartment is close to Miranda Station, shops, cafes and restaurants.
It comes with kitchen with gas appliances, enclosed balcony, sleek bathroom and lock up garage. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/4/14/miranda%201.jpg" alt="">
"We have also noticed a trend in the downsizer market to demolish the existing family home and build a duplex pair, staying in one and selling or renting the other," the valuation firm said. 
The report notes upgraders have also been active in the market over the past six months, with young families moving from a unit or townhouse to a detached dwelling or duplex.
"Upgraders are looking for something near transport, schools and shops, and often prefer modern or renovated properties so that they can move in with nothing to do.
"This is a change to what we have seen in the past as this demographic tended to prefer a dwelling they could renovate themselves and therefore increase the value," the valuation  firm continued. 
<div class="page" title="Page 7">
<div class="section">
<div class="layoutArea">
<div class="column">
First home buyers are generally attracted to two- bedroom units along the railway line, particularly from Sutherland to Cronulla.
A two bedroom apartment in Sutherland is currently on the market with a price guide of $600,000 - $650,000.
The two bedroom, one bathroom apartment is situated at <a href="https://www.realestate.com.au/property-apartment-nsw-sutherland-133409382" target="_blank">17/76 Auburn Street </a>(pictured below). 
It comes with open plan living and dining area, covered balcony, modern kitchen and double garage. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/4/14/sutherland.jpg" alt="">
However the recent increase in new unit complexes around the Miranda, Kirrawee and Caringbah areas created an oversupply with developers having to implement incentives such as cash back or stamp duty rebates to clear the remaining stock, the report notes. 
"This oversupply issue has started to ease in recent months as the number of complexes under construction has reduced. Despite this we are still seeing examples of units that were completed mid 2019 for sale, with developers offering incentives to clear the remaining stock," the valuation firm said. 
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div></body></html>

j.ballantyne1990-6AQqhLzZaK

Sutherland Shire property market driven by downsizers: HTW residential 

<html><body><div class="page" title="Page 4">
<div class="section">
<div class="layoutArea">
<div class="column">
The Shire has been transforming over the past decade or so as there has been changing demographics, ageing and increasing population, and particular areas becoming gentrified for various reasons, according to a recent Herron Todd White (HTW) residential report. 
The report notes that the Sutherland Shire is located approximately 20 kilometres south of Sydney CBD and covers a large area from Waterfall, Menai and Sylvania to Cronulla and Kurnell, and includes approximately 218,000 residents (2016 census).
 Most residential construction throughout the Shire took place from circa 1950s onwards and included traditional three- and four-bedroom fibrous cement and brick veneer dwellings on standard allotments of at least 500 to 600 square metres.
The report notes these properties were the main style of construction throughout the Shire and were family homes.
Higher density construction commenced around the 1960s and 1970s, mostly around Cronulla and along the train line.
</div>
</div>
<div class="layoutArea">
<div class="column">
"Another driver of shifting demographics and changes to buying patterns is flexible workplaces and improved technology," the valuation firm said. 
</div>
</div>
<div class="page" title="Page 5">
<div class="section">
<div class="layoutArea">
<div class="column">
This is particularly evident in the suburb of Caringbah which is generally divided into Caringbah South, Lilli Pilli and Dolans Bay on the southern side of the peninsular and the northern part of Caringbah which adjoins the suburb of Taren Point further north. 
This suburb once consisted of traditional style family homes on above average sized allotments however due to the aforementioned reasons it now comprises varying examples of developments ranging from high density developments along the transport corridors, medium density townhouse style properties, duplexes and also seniors housing which are generally reserved for residents who are over 55 years of age.
A near new one bedroom plus study apartment (pictured below) in Caringbah was sold for $570,000 in December, 2019.
The apartment at <a href="https://www.propertyobserver.com.au/The%20Shire%20has%20been%20transforming%20over%20the%20past%20decade%20or%20so%20as%20there%20has%20been%20changing%20demographics,%20ageing%20and%20increasing%20population,%20and%20particular%20areas%20becoming%20gentrified%20for%20various%20reasons" target="_blank">307/316 Taren Point Road</a> comprises caesarstone kitchen, bedroom plus study nook, internal laundry and entertainer's balcony. 
Other features include ducted air-conditioning, gas heating, timber tiles and communal rooftop terrace. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/3/16/caringbah.jpg" alt="">
Another three bedroom apartment in Caringbah (pictured below) with panoramic views was sold for $1.18 million in November, 2019. 
The townhouse style apartment at <a href="https://www.realestate.com.au/sold/property-apartment-nsw-caringbah-130377786" target="_blank">607/22 Banksia Road</a> comes with three bedrooms, three balconies, open living area and large kitchen. 
Other features include timber flooring, spacious laundry and three storage areas. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/3/16/caringbah%202.jpg" alt="">
A four bedroom townhouse situated at<a href="https://www.realestate.com.au/sold/property-townhouse-nsw-caringbah+south-131750142" target="_blank"> 2/9 Alice Street, Caringbah South </a>(pictured below) was sold for $1.4 million in September last year. 
The brand new home comprises designer kitchen, four bedrooms with built-ins, open plan living and alfresco entertaining area.
Other features include west facing entertainers deck, grassed yard and secure basement parking.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/3/16/caringbah%20south.jpg" alt="">
<div class="page" title="Page 5">
<div class="section">
<div class="layoutArea">
<div class="column">
Development throughout Caringbah has been somewhat assisted by the above average land sizes that allow for duplex and townhouse style developments. 
Many of the baby boomers have sold their large, older properties to younger generations and young families which is also encouraging new non-residential development such as cafes, restaurants, hotels, pubs and the overall changing demographic of the area, the report suggested. 
"The current low interest rate environment and overall positive market sentiment is likely to fuel continued construction and renovation, particularly in the first half of 2020," the residential report notes. 
</div>
</div>
</div>
</div>
 
</div>
</div>
</div>
</div>
</div>
</div></body></html>

The Sutherland Shire market : HTW residential 

<html><body>
In the Sutherland Shire, $700,000 is a popular price point for first home buyers with agents noting that properties with a price of $750,000 and below are often quick to sell, even under current market conditions, according to a recent Herron Todd White (HTW) residential report. 
The valuation firm took a look at how a budget of $700,000 could be invested in property markets across the nation. 
<div class="page" title="Page 28">
<div class="section">
<div class="layoutArea">
<div class="column">
The report notes a good example of the type of property is the sale of a one-bedroom, one-bathroom unit with a one-car garage in Cronulla which sold in mid- June for $645,000. 
The first floor 1980’s unit has been updated internally and is located within 200 metres of the sand.
A typical rent for this type of unit would be around $425 per week, representing around a 3.5 per cent gross return.
<div class="page" title="Page 28">
<div class="section">
<div class="layoutArea">
<div class="column">
<div class="page" title="Page 28">
<div class="section">
<div class="layoutArea">
<div class="column">
"Whilst below the median price for all suburbs in the Sutherland region, you can still pick up a house for around the $700,000 mark, although they are pretty few and far between, meaning you have to make some compromises," the valuation firm said. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/7/28/heathcote.jpg" alt="">
<a href="https://www.realestate.com.au/sold/property-house-nsw-heathcote-133280594" target="_blank"> 11 Rosebery Street in Heathcote</a> (pictured above) sold for $690,000 in mid-April. The property was a single level cottage in need of repairs and renovations on a smaller than average lot of 416 square metres, however the property was well located to the railway station, local shops and local primary school.
"With the current possibility of an oversupply of modern units in suburbs such as Caringbah and Miranda, at this price range an older style one- or two-bedroom unit in a smaller development in a desirable location, such as a one-bedroom unit in Cronulla, is likely to be the best performer over the short to medium term for both value growth and rental return," the valuation firm said. 
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</body></html>

Sutherland Shire

Editor's Picks

Have something to contribute?

The latest real estate & off the plan properties & news, delivered to your inbox.

Developments

New apartments

New townhouses

News

The latest real estate & off the plan properties & news, delivered to your inbox.

Sutherland Shire

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

The latest real estate & off the plan properties & news, delivered to your inbox.

Developments

New apartments

New townhouses

News

The latest real estate & off the plan properties & news, delivered to your inbox.