The residential transformation of St Kilda Road is set to continue into with more new apartment plans for the sought-after boulevard.

Wing Tai Asia has lodged plans for a major residential tower at 464-466 St Kilda Road, replacing the former VACC House with an 18-storey mixed-use development designed around a retained heritage podium and a sculpted contemporary tower.

The proposal, prepared under Victoria’s Significant Residential Development with Affordable Housing pathway, would deliver 325 apartments and ground-floor retail across the prominent 4,653 sqm boulevard site in Melbourne’s St Kilda Road North Precinct.

The project centres on the adaptive reuse of the site’s heritage-listed VACC Building, an eight-storey office designed by Bernard Evans that has occupied the address for decades. Planning documents state the development would involve “carefully dismantling and conserving off-site the original metal fabric of the podium visible from St Kilda Road,” before reinstating it as the defining frontage of the new scheme.

Above the restored podium, Wing Tai is proposing a curvilinear residential tower. The scheme includes 172 one-bedroom apartments, 63 two-bedroom apartments, 66 three-bedroom apartments, and 24 four-bedroom apartments, alongside two ground-floor food and beverage tenancies fronting St Kilda Road.

The tower has been designed with substantial articulation and variable setbacks to minimise perceived bulk and maintain view corridors along the boulevard. Urbis, which prepared the planning report, said the design “has been significantly articulated through a curvilinear design” with “an interplay with materials, façade expression and depth” to create visual separation and visual interest.

The proposal also includes 254 basement car spaces, landscaped pedestrian links connecting St Kilda Road and Queens Lane, and a biophilic landscape strategy featuring canopy trees, raised planters, cascading greenery and a glass oculus pool overlooking the eastern frontage.

Planning documents confirm the $270.1 million development will contribute 3 per cent of project costs to the Social Housing Growth Fund as part of the application process.

Wing Tai acquired the St Kilda Road property in 2018 alongside Abacus Property Group for $95.38 million, before later consolidating ownership of the site. The property previously served as the Victorian Automobile Chamber of Commerce headquarters for around 60 years.

The transformation of the St Kilda Rd boulevard is already beginning to materialise, with a number of high-profile projects recently completed, launched, or approaching launch as developers continue to back the long-term appeal of the precinct.

Among the most notable recent completions is Louise by Samuel Property Group, just off the strip on Queens Lane, the same pocket Hirsch &amp; Faigen recently launched The Queensbury. Mirvac is too on the same street with The Albertine, which is approaching completion.

Dexus recently secured approval for its slice of St Kilda Road, while Gurner also has approved plans for the precinct.

Joel Robinson

Wing Tai unveils 325-apartment St Kilda Road tower on former VACC House site

Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
</section>
</section>

[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Sydney Apartments

SQM Research has again advised the national residential rental vacancy rate continues to tighten, down at 1.8% from 1.9% in April.

The total number of vacancies Australia-wide now stands at 62,144 residential properties, down from 66,411 in April.&nbsp;

There were 76,600 vacant dwellings last December.

While they remain elevated, the latest fall in vacancy rates included the Sydney CBD down to 6.9% and Melbourne CBD to 8%.

[smartcode_project:default project_id=2905 project_image_fid=162743]

Sydney CBD briefly sat at 16 percent in May last year, and and its 6.9% current rate has only been matched on two prior occasions, briefly in 2019 and 2009.

Melbourne CBD&#39;s vacancy rate peaked last August at close to 11 percent, and its 8% current rate has only been matched on two prior occasions, briefly in 2010 and 2005.

The vacancy rates continuing to fall Australia-wide was &quot;forcing up in rents, particularly in regional locations,&quot; Louis Christopher, the boss of SQM noted.

&quot;This trend is likely to remain through the second half of the year, given the fierce competition for rental accommodation in many areas.&nbsp;

[smartcode_project:default project_id=2929 project_image_fid=137896]

&quot;We are still seeing falling vacancies everywhere from Victoria&rsquo;s Mornington Peninsula, the Gold Coast, right through to inland areas like the Murray Regions of NSW and South Australia to outback Northern Territory, along with Darwin, which is having the effect of boosting rents as tenants compete for rental homes.&nbsp;

&quot;However, vacancies rates rose for the NSW North Coast, as some renters headed back to town and we also saw a rise in vacancy accommodation in Perth, though the rate was unchanged.

&ldquo;In addition, in what is long-awaited news for landlords in the Melbourne and Sydney CBDs, vacancies rates have fallen there too.&nbsp;

[smartcode_project:default project_id=3490 project_image_fid=92411]

&quot;Those vacancy rates could begin a downward trend over the second half of 2021, particularly in Sydney, as life resumes relative normality.&nbsp;

&quot;However, the loss of international student tenants, along with unit oversupply, will keep vacancy rates relatively high as the COVID-19 pandemic continues.&rdquo;

Brisbane&rsquo;s vacancy rate fell to 1.3% in May from 1.4% in April, according to SQM Research.

It is note the tightest of capital cities as Perth, Adelaide, Canberra, Darwin and Hobart all have a vacancy rate below 1.0%.

Melbourne&rsquo;s vacancy rate fell to 3.7% in May from 4.0% in April.

Sydney dropped to 2.9% from 3.1%.&nbsp;

SQM Research calculates the national residential rental vacancy rate fell to 1.8% during from 1.9% in April

jchancellor

Sydney and Melbourne CBD landlords see further improvement in vacancy rates: SQM

The mean price of NSW&#39;s residential dwellings now sits at $1,011,100, in the first quarter where the ABS calculated mean price of dwellings in any state or territory has risen above $1 million.

The second highest mean price in the country was in Victoria at $834,600, followed by the Australian Capital Territory at $809,600.&nbsp;

The lowest mean price was in the Northern Territory $480,400.

The latest capital city residential property price increases saw Sydney up 6.1% along with Hobart up 6.1%.

This was the largest quarterly rise in the rise for Sydney since the June quarter 2015.

The ABS noted price rises were observed across all segments of the Sydney market, with price growth most evident in the upper market segments.&nbsp;

Melbourne was up 5.1% in the March quarter, which was the largest quarterly rise since the December quarter 2019.&nbsp;

[smartcode_project:default project_id=6201 project_image_fid=89015]

Elsewhere Perth was up 5.2%, Brisbane (+4.0%), Adelaide (+4.0%), Canberra (+5.6%) and Darwin (+4.7%).&nbsp;

Over the last twelve months the biggest jump was in Canberra (+10.9%), followed by Hobart (+10.2%), Perth (+9%), Sydney (+8%), Brisbane (+7.5%), Adelaide (+7.5%), Darwin (+6.4%), and Melbourne (+5.9%).&nbsp;

The figures saw the weighted average residential property price Index rise 5.4% in the March quarter across the eight capital cities, up 7.5% over the last twelve months.

The total value of residential dwellings in Australia rose $449.9b to $8,293.2b.

The ABS advised the mean price of residential dwellings was up $39,100 to $779,000 based on the number of residential dwellings at 10,645,400.

The value of residential dwellings in NSW sits at $3,330 billion, with NSW accounting for 40 per cent of the total value of dwellings in Australia.&nbsp;

The mean price of residential dwellings in NSW rose to $1,011,100, the highest in the country. 

NSW residential dwelling price surpasses $1 million for first time: ABS

Set in the heart of one of Sydney&rsquo;s most prized harbour enclaves, Ashton is a brand-new addition to the Lower North Shore.

Located on Spit Road, this private sanctuary is the epitome of luxury with 14 residences meticulously planned.

Designed by a+ Design Group, Ashton was the winner of the Sydney Design Awards 2020.

Urban takes a look at five reasons you should consider an apartment at Ashton.

1. Developed by Sun Property

[smartcode_project:default project_id=29139 project_image_fid=82423]

Since its inception in 2010, Sun Property has grown an enviable portfolio of projects, specialising in premium boutique residences and mixed-used developments across Sydney&rsquo;s Lower North Shore.

The developers create engaging places that boast exceptional urban amenities and a quality lifestyle.

Sun Property is a property development company which is dedicated to the creation of quality residential projects

2. Luxurious Residences

[smartcode_project:default project_id=29139 project_image_fid=82424]

Graceful in design and presence, each of the boutique apartments beautifully captures the essence of Mosman&rsquo;s proud cultural heritage.

The architects, a+ Design Group, have tailored the space with light, geometry and proportion, with a unique identity and careful considerations.

The Hamptons-inspired interiors provide a canvas for each residents&rsquo; personal flair.

3. Lower North Shore Location

[smartcode_project:default project_id=29139 project_image_fid=82425]

Ashton sets a new standard for burgeoning developments in Mosman, with a prime position delivering convenience and a community feel.

The development is surrounded by the backdrop of Sydney Harbour and its national park and is just footsteps from the vibrant Mosman village scene.

This includes its beaches, art galleries, grand historic homes, caf&eacute; culture and direct transport to Sydney&rsquo;s CBD.

4. Impressionist-inspired Architecture 

[smartcode_project:default project_id=29139 project_image_fid=82426]

Ashton&rsquo;s architecture is influenced by the narrative of an impressionist painting.

The project is named in honour of Julian Ashton, a well-established artist in both oils and water-colour known for his romantic figure-paintings and his Australian landscapes.

Artists&#39; camps flourished around Sydney Harbour in the 1880s and 1890s, mainly in the Mosman area making it &quot;Australia&#39;s most painted suburb&quot;, and its iconic shoreline has captured the hearts of many of Australia&rsquo;s most famous artists.

5. Resident Amenities

[smartcode_project:default project_id=29139 project_image_fid=82421]

The Mosman development features communal amenities for its residents and generous living areas.

Apartments flow into an expansive outdoor terrace or wintergarden, as well as a rooftop garden with views overlooking Sydney and Mosman&rsquo;s surrounding streets.

Among its other features include ground-floor commercial space, basement parking, lift access and full security.

Residences in the complex begin from just $845,000.

Located on Spit Road, this private sanctuary is the epitome of luxury with 14 residences meticulously planned

max.kwok_55688

Five reasons to secure a Sydney apartment at the exclusive Mosman residence, Ashton

Five downsizers registered to bid on a prized apartment offering in the conversion of the 1905 Royal Hospital for Women that sold on the weekend for $4.395 million.

The two-bedroom apartment at 8/18 Flinton Street saw bidding open at the $3.7 million price guide.

The reserve was $4 million through Bresic Whitney agent Maclay Longhurst.

With 214sqm on title, the apartment came with level living house-like proportions.

It last traded for $1.61 million in 2005.

There was a $4,375,000 sale in March in the converted building in the Stockland Paddington Green development.&nbsp;

<a href="/developments/sydney-nsw?source_news_article_id=102524&amp;ref=news_body_link"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sydney-cbd-_template_3.jpg" width="1200" /></a>

The apartment came with 243sqm of living space and a north facing entertainer&#39;s deck.

Its price guide had been $1.4 million to $1.47 million.

Peter Chittenden, the managing director at Colliers Residential, wrote on his blog that&nbsp;Paddington Green was a large-scale, inner-city redevelopment of the former Royal Women&rsquo;s Hospital site located two kilometres east of Sydney&rsquo;s CBD.

&quot;A unique aspect of the site, and something in common with Newmarket was the fact that the development comprised several (seven) precincts.

&quot;These comprised a mix of terrace houses and apartment buildings designed by three different and highly regarded architectural firms.

&quot;Construction started in 1999 and included 5-6 storey residential apartment buildings with basement parking (common across the entire site) and a pool.

&quot;Plus, there were a variety of small mainly two-level, apartment buildings and the adaptive reuse of one of the existing 1905 free-standing hospital wings.&quot;

There was also office space and retail premises and a plaza fronting Oxford Street and in the final stages a large new park on Glenmore Road.

In total Paddington Green delivered some 130 dwellings with the intention of the developers Stockland&nbsp;to deliver a modern interpretation of the surrounding Victorian terraces alongside the new apartments and with varied scale.

CoreLogic calculated there was a 63 percent success rate from 625 apartment and townhouse auction offerings.

The success rate from the 2066 houses was 76 percent.

Sydney apartment vendors saw a 70 percent success rate compared to Melbourne&#39;s 56 percent.

There were 312 offerings across Sydney compared to 268 across Melbourne.

Local downsizers bought a two-bedroom apartment for $4.395 million at its auction in Paddington

Five downsizers sought $4.395 million Paddington apartment sale that topped Sydney auctions

Wattblock, a group of independent strata sustainability specialists that partner with eight local councils on sustainability programmes, has released a list of the top 40 eco apartment buildings in Sydney.

The list, which features properties from Edmondson Park to Little Bay, highlight the apartments that are committed to sustainability and renewable energy.

Wattblock&nbsp;chief executive Brent Clark begun the list in response to a growing interest in sustainability from players in the property industry.

&ldquo;In the last couple of years, we have been contacted by individuals looking to buy apartments in green buildings in Sydney [and] developers who want to create differentiation for their new apartment block when selling green developments off the plan,&rdquo; he said.

This year, an apartment building had to possess at least a 16kW solar PV system to make the cut.

[smartcode_project:default project_id=5995 project_image_fid=78735]

Frasers Property&rsquo;s Ed.Square in Edmondson Park topped the list, thanks to its 2.5MW solar system, embedded network and geothermal air-conditioning, amongst other great features.

The new net-zero energy demand development is set to produce more energy than it consumes, with entry prices for the development as low as $490,000.

According to Clark, the choice to create an eco-apartment block is now often the most cost-effective, in addition to its carbon footprint reducing benefits.

&ldquo;The reduction in the cost of environmental technology, things like solar panels, heat pumps, EV charge points has made these technologies economically viable&rdquo;, he said.

[smartcode_project:default project_id=6219 project_image_fid=24577]

Also featured high up in the list was Meadowbank&rsquo;s Genesis project, by Sasco Developments.

The 58-residence apartment features 30kW solar, an embedded network, a UV warm water system, a green roof and solar-powered EV charging.

Clark commented on the importance of solar panels, and EV carshare for the exclusive use of apartment dwellers.

[smartcode_project:default project_id=4124 project_image_fid=90886]

Cedar Woods&rsquo; Melbourne project,&nbsp;Aster apartments at the Jackson Green masterplan, recently&nbsp;announced their <a href="/news/vic/tesla-carshare-coming-to-residents-at-clayton-south-s-aster-apartments">collaboration with Ohmie Go to bring a Tesla Model 3 to its Clayton South project</a>.

Although this is unsurprising as Melbourne has always been&nbsp;the first to make the shift towards more eco-conscious home buying, Wattblock said. Developments like Nightingale set the&nbsp;new benchmark for all of Australia.

&ldquo;Sydney is now playing catchup&rdquo;, Clarke added. &ldquo;There is a niche for those who will take the eco-credentials of an apartment building into consideration, particularly for the early adopters of electric vehicles.&rdquo;

[smartcode_project:default project_id=6798 project_image_fid=140946]

Another feature that homebuyers should look out for when seeking an eco apartment is the green roof and barbeque area.

&ldquo;[This] is a great addition to the community, particularly if it uses wi-fi connected smart irrigation and dynamically adjusts the watering schedule based upon local weather station data.

&ldquo;We are also starting to see things like smart monitoring touchscreens being installed into each apartment&rdquo;, said Clark.

<blockquote>
&ldquo;We have had a decade of education about sustainability now, so now is the time for action.&rdquo;
</blockquote>

Wattblock has been providing advice to over 1,000 strata apartment buildings on the eastern seaboard over the past seven years on how to retrofit their buildings.

[smartcode_project:default project_id=30049 project_image_fid=162884]

You can <a href="https://www.wattblock.com/buying-an-eco-apartment-in-sydney?utm_source=urban">read the full list of 40 apartments with each residences&rsquo; eco-friendly features on Wattblock</a> or scroll below for the top 20, as determined by Wattblock CEO Brent Clark.

1. Ed.Square, Edmondson Park 
2. Central Park, Chippendale 
3. Genesis, Meadowbank 
4. Generation W, Neutral Bay 
5. Goldsbrough Apartments, Ultimo

6. Quay Grand, Sydney 
7. The Orchards Norwest, Kellyville 
8. Fleetview Apartments, Pyrmont 
9. Revolution Apartments, Marrickville 
10. Rina Apartments, Mascot

11. Zinc, Alexandria 
12. Mindarie St Units, Lane Cove 
13. The Burcham, Rosebery 
14. Avanti Apartments, Hornsby 
15. Aria Apartments, Waterloo

16. Regency, Chatswood 
17. 8 John Tipping Grove, Penrith 
18. 20 Newtown St, Alexandria 
19. The Regency, Epping 
20. Bay Gardens, Maroubra

Wattblock CEO Brent Clark reveals a list of the top 40 eco apartment buildings in Sydney and discusses sustainability

Sustainable architecture shaking up the Sydney property market: Wattblock’s top 40 eco apartments

The latest stage of the upmarket Cbus Newmarket Randwick project has secured 46 apartment sales.

The apartments have been inspired by post COVID-19 lifestyle changes.

Cbus Property&rsquo;s chief Adrian Pozzo said the apartments focused on family connection, open space, amenity and the joys of home.

The sales are at the upmarket residential project architecturally designed by Bates Smart.

The project known as Young &amp; Fennelly comprises 116 one-, two- and three-bedroom residences across a seven-storey &quot;NewDeco&rdquo;-style building.&nbsp;

One bedroom apartments start from $780,000, with two bedrooms from $1,285,000 and three bedroom apartments from $2,135,000.

[smartcode_project:default project_id=100684 project_image_fid=164623]

Some will have Botany Bay views.

It will also feature 11 north-facing, three-bedroom terraces with courtyards.

It is close to the cafes and restaurants of the retail and dining piazza, Newmarket Dining, which came in the first stages of the Newmarket Randwick masterplan.

There will be a residents&rsquo; communal rooftop space on level four, designed by Arcadia Landscape Architecture, with barbecue facilities.

[smartcode_project:default project_id=100684 project_image_fid=164634]

Young &amp; Fennelly launched on Saturday May 8 with completion due in mid 2023.

Colliers Residential advised The Australian Financial Review that the sales have ranged from one-bedrooms for $1.075 million to top-floor three-bedroom residences for $3 million.

Terrace homes priced between $2.9 million and $4.1 million have sold.

The project takes its name from Fennelly St which pays tribute to Michael Fennelly, who bought the Newmarket property and built the Newmarket Big Stable building.&nbsp;

[smartcode_project_cta: project_id=100684]

Newmarket Randwick project has apartments that have been shaped by post COVID-19 lifestyle changes

Cbus secure 46 apartment sales at Newmarket Randwick Young & Fennelly development

The Sydney apartment market has continued its forward momentum, posting further 1.8 per cent gains over May,&nbsp;the monthly Hedonic Home Value Index from property data firm CoreLogic found.

It was a further uplift from last month when values rose 1.3 per cent. Over March values rose 2.1 per cent, which takes their rolling quarterly gains&nbsp;to 5.3 per cent.

The median apartment value across the Harbour capital is now around $50,000 higher than it was at the start of 2021, having jumped from $734,000 to $781,000 over the last five months.

<a href="/developments/sydney-nsw?source_news_article_id=102258&amp;ref=news_body_link"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sydney-cbd-_template_0.jpg" width="1200" /></a>

&ldquo;From a geographic perspective, it was the smaller capital cities that led the housing market out of the COVID slump, but now Sydney has risen through the ranks to record the largest capital gain over the past three months with values up 9.3 per cent,&quot; CoreLogic&#39;s research director&nbsp;Tim Lawless said on Sydney&#39;s dwelling values (combined house and apartment values).

It has been the top end of the market driving the Sydney dwelling value increase. Upper quartile dwelling values have increased by 12 per cent&nbsp;over the past three months compared with a 5.2 per cent&nbsp;increase in values across the lower quartile.

Lawless reaffirmed the fundamentals driving strength in the housing market remain in place.

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&ldquo;The combination of improving economic conditions and low interest rates is continuing to support consumer confidence which, in turn has created persistently strong demand for housing.

&quot;At the same time, advertised supply remains well below average.

&quot;This imbalance between demand and supply is continuing to create urgency amongst buyers, contributing to the upwards pressure on housing prices.&quot;

CoreLogic research director Tim Lawless reaffirmed the fundamentals driving strength in the housing market remain in place

June 2021: How did Sydney apartments perform over May?

Prospective house buyers across Sydney are continuing to pivot their property search away from houses, which continue to reach record highs.

CoreLogic recently conducted a study which found 99.9 per cent of houses across Sydney were unaffordable for a quarter of city residents. Houses in more than 1000 suburbs across Sydney were out of reach for the bottom 25 per cent of income earners.

The median unit price across Sydney is now some 66 per cent lower than Sydney&#39;s median house price which has soared past its record highs.

It&#39;s pushed potential house buyers who are becoming priced out of the housing market&nbsp;toward the apartment market, which is still showing continued growth, however not as strong as the housing market.

Crown Group have reported a spike in sales at their Waterloo project Mastery by Crown, after seeing a 200 per cent increase in traffic and sales in the last two months.

[smartcode_project:default project_id=7020 project_image_fid=163819]

The majority of buyers have been first home buyers not restricted by budget who have held out waiting for a premium first purchase as well as young professionals wanting to live close to the CBD and enjoy all of the conveniences of an inner-city lifestyle.

Crown Group Director of Sales, Prisca Edwards, says that they haven&rsquo;t been particularly surprised by the sudden rush in sales given the housing market in Sydney has been so hot with FOMO or the fear of missing out and limited supply fuelling the market.

[smartcode_project:default project_id=7020 project_image_fid=163817]

&ldquo;The sales spike we have experienced at Mastery by Crown Group is a reflection of the state of the market which is common in this type of property cycle where buyers are priced out of houses and buyers are drawn to the many benefits and advantages of apartment living,&rdquo;&nbsp;Edwards said.

&ldquo;When the price of houses goes up, units also follows however though there can be a lag. The apartment market is currently in catch up mode to houses,&rdquo; Edwards&nbsp;said.

Mastery by Crown Group is set to become Australia&rsquo;s first Japanese-themed residential community designed by acclaimed Japanese architect Kengo Kuma in collaboration with Koichi Takada Architects and Silvester Fuller.

The project will be Kuma&rsquo;s first residential community in Australia.

The masterplanned community will have five&nbsp;uniquely designed and distinct residential buildings positioned above a 2,175&nbsp;sqm&nbsp;retail precinct which will home&nbsp;27 stores and a new&nbsp;Japanese eat street.

[smartcode_project:default project_id=7020 project_image_fid=163816]

Edwards said that buyers will always be looking for apartments to buy in vibrant communities close to restaurants, bars, supermarkets and and other points of interest.

Mastery by Crown Group has been appealing to a wide range of buyers who are looking to secure an affordable home, but not miss out on the luxury and convenience of residing in a well-serviced community.

&ldquo;From what we&rsquo;ve seen of Mastery by Crown Group, we have reason to believe that this trend will continue over the next few years and buying into off-the-plan as a wise and viable option for first-home-buyers, upsizers, downsizers and investors alike,&rdquo; Edwards added.

[smartcode_project:default project_id=7020 project_image_fid=163821]

Buying off-the-plan is becoming an ever more attractive option for first home buyers as well as a promising opportunity for investors with great potential for return, according to many market observers.

&ldquo;This gives many of us in the industry much hope as people are exercising their confidence in apartment living and leading developers, like Crown Group, that consistently deliver for their buyers,&rdquo;&nbsp;Edwards said.

&ldquo;The past year has really altered the market in a way that now points toward the value of large and high-quality apartments as their affordability has endured.&rdquo;

One bedroom apartments at Crown Mastery start from $765,000, with two bedrooms priced from $1,091,000 and three beds from $1,699,000.

The median unit price across Sydney is now some 66 per cent lower than Sydney's median house price which has soared past its record highs.



Apartment sales spike at Mastery by Crown as Sydney's house market continues surge

A $2,535,000 sale of a Milson&#39;s Point apartment topped Sydney&#39;s last weekend&#39;s auction results for apartments.

The apartment at 44/110 Alfred Street, Milsons Point had 150 sqm space with three bedrooms and two bathrooms.

It sold through Raine &amp; Horne agent Lorinda Mansfield. Sydney saw a 77 percent syuccess rate from its 294 apartment offerings, according to CoreLogic.

The 7th floor apartment came with a large east-facing balcony overlooking the Harbour. There was tandem parking for &quot;two city sized cars&quot; and a 10 sqm lockable storage room. It had been recently offered as a $1100 a week rental.

<a href="/developments/sydney-nsw?source_news_article_id=101584&amp;ref=news_body_link"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sydney-cbd-_template_1.jpg" width="1200" /></a>

The complex&#39;s last sale was unit 104/110-116, a one bedroom, one bathroom, which sold for $885,000 in January, having previously sold for $470,000 in 2007.

It was offered by the buyer as a $610 a week rental. It had been a $580 a week rental in 2013. This weekend there were 3,162 capital city homes set to go under the hammer, up by 11% on last week&rsquo;s 2,838 auctions held.

The volumes were expected to surpass the 3,016 auctions held in early May as the second busiest week of 2021.

But with almost half of all activity in Melbourne - some 1,451 homes - the lockdown timing for Melbourne is far from ideal.

This weekend was shaping up to be the second biggest auction week so far this year, according to CoreLogic.

The apartment at 44/110 Alfred Street, Milsons Point had 150 sqm space

jonathan_55692

Milsons Point sale tops Sydney's weekend apartment results

The forward-thinking architect Koichi Takada has been&nbsp;one of the hottest commodities&nbsp;on the residential design circuit for over a decade in Australia.

His firm, Koichi Takada Architects, whose approach is to&nbsp;create&nbsp;organically inspired places so the world can reconnect with a more natural, intuitive and conscious future, has been behind some of the most impressive buildings across Australia.

They&#39;ve designed&nbsp;the luxury Crown Group projects Skye in North Sydney, Waterfall by Crown in Waterloo and Infinity by Crown at Green Square, as well as the award-winning mixed use Crown development Arc in the Sydney CBD.

The team was also engaged by FORME, the Brisbane-based developer, to create Norfolk at Burleigh Heads, one of the Gold Coast&#39;s most expensive projects in the last few years. Recently completed, that netted an average sale price of around $4 million for its 15 apartments, including a record $9&nbsp;million penthouse sale. That sold 90 per cent of its apartments within two months of its launch.

The Sydney developer, Abadeen Group, founded and led by the long-time CBRE Residential Projects Chairman&nbsp;Justin Brown, have had Takada work on two of their upcoming developments, the most anticipated being Koyo,&nbsp;a boutique collection of 27 apartments in the heart of Crows Nest.

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Koyo, a Japanese terms which refers to the changing colours of the leaves in autumn, has been geared toward the owner-occupier, with its generously-sized living and outdoor areas.

Takada said he was inspired by the parks and the deciduous trees in the area.

&quot;We really&nbsp;wanted to bring that external element of nature into the internal space&quot;, Takada said.

There will be 18-three bedroom apartments, predominantly&nbsp;located at each corner of the development to have the larger outdoor spaces, as well as seven two-bedroom apartments and two-one bedroom apartments. They all have parking, and a number have an additional study or courtyard.

[smartcode_project:default project_id=108800 project_image_fid=179475]

There was a big focus to bring the outdoor in in the&nbsp;10 courtyard apartments, which will feature leafy outdoor areas. The apartments have been designed to take advantage of cross ventilation and to take in as much natural light as possible.

Abadeen are offering buyers to upgrade the apartments with a number of exclusive options, which can include adding a built-in bar, a timber-crafted study nook, or the addition of&nbsp;a fireplace in the living room.

Justin Brown, who founded Abadeen over two decades ago,&nbsp;expects the North Shore owner-occupier market to be the dominant buyer, tapping in to the booing downsizer market.

&nbsp;

[smartcode_project:default project_id=108800 project_image_fid=179488]

&quot;The location of Koyo is almost the epicentre of so many different areas&quot;, Brown says.

&quot;It is equidistant to North Sydney, Cammeray and Neutral Bay.

&quot;There&#39;s a lot of growth&nbsp;happening in North Sydney from a commercial perspective and with the new Metro trains - we really believe it&rsquo;s going to be such a key location for people who wanted to be close to work.

&quot;Koyo is also&nbsp;surrounded by a number of schools, which will open the door for families with school aged children to be interested in the larger three bedroom apartments.&quot;

Completion is expected in early 2023, with the North Sydney Council recently giving the green light to the development.

Abadeen are also developing Koyo&#39;s sister project, Enso, located in Neutral Bay, with just the nine apartments in the boutique block. That&#39;s due for launch later this year.

[smartcode_project_cta: project_id=108800]

Koyo, a Japanese terms which refers to the changing colours of the leaves in autumn, has been geared toward the owner-occupier, with its generously-sized living and outdoor areas

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