Abadeen has released the whole-floor penthouse crowning its recently completed <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences</a> development in Cremorne, bringing the near-300 sqm residence to market for the first time.

Occupying the entire top floor of the boutique Lower North Shore development, the penthouse includes 221 sqm of internal living and a 74 sqm wraparound terrace, with a prized north-facing aspect taking in views across Middle Harbour.

The residence has been completed and fully furnished following a collaboration between Abadeen Executive Chairman Justin Brown and internationally recognised interior designer Jack Freeman, Founder and Managing Director of FREEMAN &amp; CO.

<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> and Freeman approached the penthouse as a finished home, sourcing furniture, artwork, lighting and objects from Australia and overseas.

[smartcode_project:default project_id=114246 project_image_fid=378718]

Pieces from Parisian design house Pierre Augustin Rose sit alongside contemporary artworks and bespoke lighting, with Freeman drawing on recent visits to PAD Paris and Salone del Mobile Milano for the final collection.

Brown said the aim was to create a penthouse that felt more like a large-scale private home than a traditional apartment.

"The experience begins the moment the lift doors open. You're welcomed into an elegant dining room before the home opens into an extraordinary living space framed by sun-drenched harbour views.

"Every time someone walks through the front door they pause. It's not just the view, it's the incredible sense of space, the warmth created by the northern sunlight that fills the interiors, and the way every room connects so effortlessly.

"It has all the proportions of a luxury home, while delivering the effortless lifestyle and personalised experience of living in a world-class six-star hotel, combined with the simplicity and convenience of apartment living."

[smartcode_project:default project_id=114246 project_image_fid=378713]

A secure lift provides exclusive access to the penthouse level, opening to a dedicated arrival foyer and dining area before the residence expands into its main living and entertaining spaces.

Floor-to-ceiling glazing runs across the northern side of the home, connecting the interiors with the terrace and Middle Harbour outlook.

The penthouse also features a fireplace and substantial chef's kitchen, while the wraparound terrace has been designed to accommodate both everyday outdoor living and larger-scale entertaining.

[smartcode_project:default project_id=114246 project_image_fid=378720]

Freeman said the interiors had been deliberately kept restrained to complement the scale, natural light and outlook already established by the architecture.

"The penthouse is a serene study in quiet luxury," Freeman said.

"The interior pairs soft, sculptural forms with warm timber, pale stone and a restrained neutral palette. Curated artwork and metallic accents add depth, while abundant natural light creates a calm, effortlessly refined atmosphere. In my world, less is always more."

Freeman said the approach was centred around collecting individual pieces rather than simply decorating the apartment.

"Every material, every object and every piece of furniture has been curated with intention. I am a true believer in collecting versus decorating.

"The architecture already provided extraordinary natural light, remarkable volume and an uninterrupted connection to Middle Harbour. Our role was to complement those qualities with unique one-of-a-kind pieces of fine art and collectible design sourced from recent travels around the world."

[smartcode_project:default project_id=114246 project_image_fid=378694]

Among the collection are solid bronze sculptures by Lorenzo Quinn, alongside a curated crystalware collection and pieces sourced from international design fairs.

Park Residences sits opposite Cammeray Golf Club, Cammeray Croquet Club and Grand Slam Tennis Cammeray, around 300 metres from Neutral Bay Village and its established collection of restaurants, cafés and retail.

Brown said the combination of a whole-floor floorplan, northern aspect and proximity to Neutral Bay was becoming increasingly difficult to find on the Lower North Shore.

"Completed whole-floor penthouses with a sun-drenched north-facing aspect and sweeping Middle Harbour views are exceptionally rare," Brown said.

"Add a quiet position opposite golf, croquet and tennis facilities, a level walk to Neutral Bay Village and only minutes to the CBD, and you have a lifestyle that's incredibly difficult to replicate.

"This is a home that offers the privacy and generosity of a luxury residence together with the convenience of one of Sydney's best-connected harbourside locations."

The penthouse will be exclusively marketed by SRM Residential.

[smartcode_project_cta:default project_id=114246]

Joel Robinson

Abadeen unveils penthouse at Park Residences in Cremorne

New Brisbane developer Dalcott has unveiled Marrone, the first of three residential projects it is planning in and around Browning Street in South Brisbane.

<a href="https://www.apartments.com.au/new-apartments/marrone-south-brisbane-39-browning-street-south-brisbane-qld-4101">Marrone</a> will comprise 97 predominantly two- and three-bedroom apartments, with larger residences aimed squarely at the owner-occupier market.

The project will sit in a quiet pocket of South Brisbane between South Bank and West End, close to the restaurants, cultural attractions and riverfront amenity that have driven the suburb's continued transformation.

Dalcott is targeting buyers looking for more space and amenity than has traditionally been offered in the inner-city apartment market, particularly downsizers and professionals wanting to remain close to the city.

[smartcode_project:default project_id=149951 project_image_fid=377072]

Resident facilities will be concentrated around an extensive rooftop amenity offering, including a swimming pool, spa, infrared sauna, warm and cold magnesium plunge pools, private lounge, dining room and outdoor entertaining areas.

Dalcott Managing Director Lachlan Cottee said South Brisbane's combination of lifestyle, connectivity and established character had been central to the approach to Marrone.

“South Brisbane offers a combination of lifestyle, connectivity and character that’s difficult to replicate elsewhere in Brisbane,” Cottee said.

“Our focus has been on creating homes that feel connected to that environment while providing the level of design, functionality and quality that today's owner-occupiers expect.”

The residences will feature an expressive material palette. Italian Calacatta Viola marble, known for its deep burgundy veining, will be paired with aged brass tapware, Chestnut engineered timber flooring and Tuscan Oak joinery.

<img alt="Marrone" data-entity-type="file" data-entity-uuid="b8d833da-3b30-496a-ae30-07bdff371b50" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.35%E2%80%AFAM.png?VersionId=P6DAgOfaQzIXljKKK5j3e5NhWtrHIu9G" />

Bathrooms will feature Nara Japanese ceramics and glass bricks, while clay, walnut and brass lighting will be used throughout the apartments.

Dalcott has appointed Realm Projects, led by Managing Director Shane Foley, to handle sales and marketing following previous sold-out collaborations between the groups.

Foley said the Brisbane apartment buyer had become increasingly focused on the quality of the home itself rather than simply securing an inner-city address.

“We expect to see strong demand from buyers who still want all the advantages of inner-city living but aren’t prepared to compromise on the quality of their home,” Foley said.

“Many will be downsizers looking to leave behind the maintenance of a traditional family home without giving up the space they enjoy, while others are likely to be professionals wanting a residence that reflects the way they live today.”

“Marrone responds directly to that demand, with generous floorplans, exceptional resident amenity and a location that places some of Brisbane’s best dining, entertainment and cultural attractions within walking distance.”

<img alt="Marrone" data-entity-type="file" data-entity-uuid="61f7b22f-899e-4c0f-940a-7d3ab1bfb93a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.44%E2%80%AFAM.png?VersionId=PvN1JYxBgUpyCB7efKo52WGdSDs9nmim" />

Marrone will be the first project delivered as part of Dalcott's broader investment in the precinct.

It will be followed by La Terra, a boutique project comprising penthouse-style, single-level apartments on a northeast corner site with extensive resident amenity and city views.

Cottee said Marrone represented the first stage of the group's longer-term plans for the area.

Dalcott was established in 2025 by Lachlan Cottee and Ben Dalgliesh, combining development and construction capability under an integrated model and focusing on architecturally considered residential projects.

Marrone will initially be offered through a pre-release registration campaign ahead of its broader public launch.

Dalcott targets owner-occupiers with South Brisbane debut Marrone

Parnell Developments is the latest to seek significant uplift through the NSW Government's Housing Delivery Authority on a Strathfield site previously approved for a much smaller apartment development.

Parnell has sought approval for a 32-storey mixed use tower across&nbsp;<a href="https://www.apartments.com.au/new-apartments/7-lyons-street-strathfield-nsw-2135">3-7 Lyons Street and 18 Parnell Street</a>, a&nbsp;1,857 sqm site around 400 metres from Strathfield Station. The building would yield 160 apartments, 15 per cent of which will be dedicated affordable as per the government mandate for buildings seeking additional uplift.

Approved previously was a nine-storey building back in 2022 with just over 30 apartments. That approval came prior to the project being&nbsp;progressively reconsidered as planning policy shifted toward greater density around transport hubs.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="c5af5281-a643-4eb2-b8c4-0081b59c04c7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.16.48%E2%80%AFAM.png?VersionId=37bd3mI7rHNpThOV_75VO8xsGFwWOi1u" />

Turner has designed the latest building that would replace&nbsp;existing detached homes across the four lots.

The apartment mix comprises 22 one-bedroom apartments, 107 two-bedroom and two-bedroom-plus configurations, and 31 apartments with three or more bedrooms. The scheme also includes 203 car spaces across six basement levels and 58 bicycle spaces.

The proposal has been designed around a three-storey podium addressing Lyons Street, with the tower rising above and stepping toward its upper levels.

Turner said the podium was deliberately scaled to respond to the existing street, while the taller element has been designed as part of the emerging skyline anticipated around Strathfield Town Centre and the wider Homebush transport-oriented development precinct.

The Lyons Street frontage would have a more active, pedestrian-focused character, incorporating the commercial tenancy, landscaping and a brick-framed podium with an awning.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="14b20874-b8c3-4ac7-bc03-92be9a69fb78" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.48%E2%80%AFAM.png?VersionId=av.9TxtqIRTC6v3PkSuu1rL9rreWoe2h" />

Parnell Street, which faces the railway corridor, has been given a different architectural treatment, with double-height breeze blocks, landscaping and communal areas used to soften the interface with the rail infrastructure.

The tower itself uses curved and recessed facade elements, with wave-like indentations across the northern elevation breaking the building into three vertical forms.

A palette of grey concrete, brick and breeze blocks is complemented by clay and terracotta accents, while the upper tower adopts a lighter expression through articulated slab edges, vertical fins and recessed glazing.

Residents would have access to 467 sqm of communal open space spread across three levels. The ground floor would accommodate the more active resident areas, including barbecue and group gathering spaces and an internal communal room capable of being used for working from home.

A more passive viewing deck is proposed at level three, overlooking the ground-level landscaping and neighbouring tennis courts, while a rooftop "sunset deck" at level 30 would provide another social and relaxation space.

<img alt="Parnell" data-entity-type="file" data-entity-uuid="c3dce401-a80f-4682-8471-4caa01180880" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.34%E2%80%AFAM.png?VersionId=Xyo8JVqbOhSJXNy6Ih.1cHL.O6i0bGR." />

&nbsp;

&nbsp;

&nbsp;

Strathfield has been earmarked for substantial change through the Strathfield Town Centre planning work and the nearby Homebush TOD precinct.

Turner's report says the project has been designed to act as a transition between the existing low and mid-rise development surrounding the site and the taller built form expected to emerge across the town centre.

The proposal is being assessed as State Significant Development under the HDA pathway, alongside the concurrent request to amend the Burwood Local Environmental Plan.

First look: New apartment tower pitched for Strathfield Town Centre precinct

An $18 million penthouse has hit the market in Main Beach as construction tops out on La Mer, the $155 million apartment development rising just metres from the beach.

Spanning around 600 sqm across the top two levels of the 29-storey tower on Main Beach Parade, the four-bedroom penthouse is one of the latest eight-figure residences to test the upper end of the Gold Coast apartment market.

Its launch comes amid continued activity at the very top of the market, following the $30 million off-the-plan sale of a Burleigh Heads penthouse earlier this year, which surpassed the Gold Coast's previous $24 million apartment record set in 2023.

The <a href="https://www.apartments.com.au/new-apartments/la-mer-main-beach-3580-main-beach-parade-main-beach-qld-4217">La Mer penthouse</a> has been designed as a private residence in the sky, with 360-degree views spanning the ocean, Broadwater, hinterland and Gold Coast skyline.

[smartcode_project:default project_id=95606 project_image_fid=378731]

All four bedrooms have ensuites, while the ocean-facing master retreat occupies around half of the upper level and includes its own lounge, private balcony, two walk-in wardrobes and an oversized ensuite with a freestanding stone bath positioned to take in the views.

The residence also features a kitchen designed to accommodate a private chef, a 3.6-metre island bench, expansive butler's pantry, wine cellar and integrated bar.

[smartcode_project:default project_id=95606 project_image_fid=378732]

A rooftop pool and substantial outdoor entertaining area with its own kitchen sit above the residence, while a grand staircase connects the two internal levels. The penthouse also has its own express lift.

OTP Group Director James Elliott, who is marketing La Mer, said the penthouse was expected to appeal to high-net-worth buyers seeking either a permanent Main Beach residence or Gold Coast holiday home.

“The La Mer penthouse represents exceptional value, considering its quality design, size, privacy and location, not to mention the 360-degree views capturing the beach and Gold Coast Broadwater,” Elliott said.

“We’re anticipating interest from high-net-worth individuals and couples seeking a residence or holiday home in the sought-after village enclave of Main Beach, taking advantage of the unprecedented growth underway in the area and neighbouring The Spit.”

[smartcode_project:default project_id=95606 project_image_fid=378736]

La Mer is being developed by developer-builder ODUS and Nazero, in partnership with funder Metrics Credit Partners.

ODUS Director Byron Sakha said topping out the tower had provided the opportunity to release the project's most significant residence.

“We’ve worked with internationally-recognised studio Sici Design on the penthouse interiors, with a focus on ensuring it isn’t luxury for luxury’s sake. Every element has been thoughtfully designed to enhance quality of life for those who call it home,” Sakha said.

“The views are the hero of virtually every space, but we’ve given equal attention to the fittings and finishes, so every detail exudes elegance and refinement.”

Sici Design Founder and Director Maria Papadopoulos said the extensive views became an integral part of the interior design rather than simply something the residence was designed around.

“The views weren't something we designed around, they became part of the design itself, with the true luxury of La Mer in its feeling of peace, calm and wellbeing,” Papadopoulos said.

“Luxury isn't defined by how something looks, but how it makes you feel, and we believe a luxurious home should be beautiful to live in, not stressful to maintain.”

The interiors combine Austral Dream Dolomite natural stone and travertine with timber flooring and a restrained coastal palette.

[smartcode_project:default project_id=95606 project_image_fid=378734]

Designed by Plus Studio, La Mer is one of the more boutique additions to the rapidly changing Main Beach apartment market.

The tower comprises just 24 full-floor, three-bedroom plus multipurpose room apartments below the two-level penthouse, giving the project a considerably lower density than many of the larger towers being developed across the Gold Coast.

Residents will have access to a pool and spa, gym, sauna, barbecue facilities, private sun lounges, yoga lawn and outdoor beach shower.

The penthouse has been released as part of the final collection of residences at La Mer, with remaining apartments priced from $4.3 million.

Construction is expected to complete later this year, with a fully furnished display apartment now open on level four.

[smartcode_project_cta:default project_id=95606]

ODUS releases $18 million penthouse crowning La Mer Main Beach

<a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a> is preparing to commence construction on <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> this October, marking the next milestone for the Melbourne CBD development and its higher-end Eliza Collection.

Spanning levels 44 to 68 of the 68-storey <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed tower, the Eliza Collection has been conceived as a lower-density offering within the broader development, with only five apartments on each floor, dedicated lift access and a collection of resident spaces reserved exclusively for Eliza Collection residents.

The Eliza Collection forms part of Far East Consortium's broader move toward larger-format residences at 640 Bourke Street, where the number of apartments was reduced from earlier plans as apartment sizes increased.

[smartcode_project:default project_id=509 project_image_fid=365685]

"What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Far East Consortium Director of Sales and Marketing Lauren Sheldon said.

Rothelowman Associate Jun Chang said the design process provided an opportunity to create more generous floorplans.

"We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."

[smartcode_project:default project_id=509 project_image_fid=368869]

That thinking carries through to the Eliza Collection, where the residences have been designed around the space and functionality associated with a larger home, but positioned high above the centre of Melbourne.

Kitchens are equipped with Gaggenau appliances, a butler's pantry, temperature-controlled wine cabinet and sculptural pendant lighting, while engineered timber flooring, stone and porcelain finishes and custom cabinetry feature throughout the broader interiors.

Privacy and security are another point of distinction. Eliza Collection residents have dedicated lift access, while 640 Bourke Street will provide concierge services and secure resident parking. Short-stay accommodation, including Airbnb, will not be permitted within the development.

[smartcode_project:default project_id=509 project_image_fid=365689]

Eliza Collection residents will also have exclusive access to selected amenity spaces across levels one and three of the restored Eliza Tinsley building. These include the Salon with grand piano, an art therapy room, private dining rooms and treatment rooms.

They sit within more than 3,000 sqm of amenity planned across 640 Bourke Street, alongside facilities including a pool, gym, whisky lounge and further social and wellness spaces.

The Eliza Tinsley building itself is central to the wider project's identity. Rather than treating the existing Eliza Tinsley façade as a separate element, Rothelowman used it as a starting point for the architecture of the new tower, with the historic building to accommodate the project's gallery and lobby.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=368872]

The tower will rise behind the retained heritage building at 640 Bourke Street, placing residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market and the Docklands waterfront.

With construction scheduled to begin in October, Far East Consortium has established an onsite display gallery at 640 Bourke Street, including fully built apartments that allow the project's layouts, materials and finishes to be inspected at full scale.

A fully built Eliza Collection apartment is also available to view at the display suite by appointment ahead of the planned October construction commencement.

Eligible purchasers who buy before construction commences can secure the full available off-the-plan stamp duty savings, subject to eligibility and applicable conditions.

[smartcode_project_cta:default project_id=509]

Far East Consortium brings Eliza Collection to 640 Bourke Street ahead of October construction start

Sydney Apartments

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This summer has earmarked a trend in Australians keen to invest in a holiday home to call their own.

“With the costs of renting a holiday home soaring thanks to huge local demand, combined with record low interest rates, we’re experiencing a unique situation where it may actually be more cost effective to buy rather than regularly rent a holiday home”, said David Hancock, senior financial planner at Montara Wealth.

To assist in your search, Urban takes a look at six stunning coastal properties to consider in NSW. 
 

1. Lighthouse, Dee Why 
Address: 9-17 Howard Avenue, Dee Why NSW 2099 
Two-bedroom apartments from $935,000

[smartcode_project:default project_id=6337]

Showcasing unobstructed panoramic views of the ocean, beach and lagoon, Lighthouse is Dee Why’s latest architectural landmark.

Delivered by Meriton, the development soars high above the surrounding streetscape, blending residential, retail and commercial in one dynamic location – ideal for downsizers or couples looking for a coastal investment property.

Built over four buildings, with two towers rising up to 17 storeys high, Lighthouse comprises of 351 apartments with a range of one, two and three-bedroom configurations, including dual-level residences. 
 

2. Kalypso, Tamarama 
Address: 63 Fletcher Street, Tamarama NSW 2026 
Apartment prices available upon request

[smartcode_project:default project_id=6813]

For those seeking spectacular views of the stunning coastline, Kalypso provides the authentic coastal lifestyle amongst the unmatched beauty of Tamarama.

Delivered by DARE Property Group, Kalypso is inspired by the natural ﬂow of the ocean with a palette that echoes its surrounds of sand and surf.

Curated by Mim Design, Kalypso's curved walls and stone benchtops pay homage to the undulating waves close-by, with vast open spaces and large windows welcoming the sea breeze. 
 

3. Wavelength, Cronulla 
Address: 49-57 Gerrale Street, Cronulla NSW 2230 
Apartment prices available upon request

[smartcode_project:default project_id=6071]

Iridium Development’s Wavelength captures the spirit of the coast with its undulating façade and rhythmic curves, designed by Architecture Urbaneia.

Making the ideal coastal home, the development is surrounded by water, and a foreshore park, fusing contemporary architecture and the coastal lifestyle.

Offering one, two and three-bedroom apartments and penthouses, Wavelength delivers flowing interiors, open-plan layouts and meticulously designed bathrooms. 
 

4. Estelle, Bondi 
Address: 67-69 Penkivil Street, Bondi NSW 2026 
Apartment prices available upon request

[smartcode_project:default project_id=7057]

Showcasing style, quality and privacy, Estelle is the Bondi’s latest coastal development by K2 Property Development Group.

Among its amenities include a landscaped common garden, alfresco entertaining and full-length balconies for year-round use.

Designed by MHN Design Union and Lawless &amp; Meyerson, this development boasts a boutique collection of 14 one, two and three-bedroom apartments, with floor-to-ceiling glass sliding doors, soaring rakes ceilings and the coastal backdrop of the exclusive Eastern suburbs. 
 

5. Luna, Cronulla 
Address: 13 Arthur Avenue, Cronulla NSW 2230 
Apartment prices available upon request

[smartcode_project:default project_id=29824]

Tucked away in a quiet beachfront cul-de-sac, Luna is only a short stroll from the central hub of bustling Cronulla.

Situated steps from the water’s edge, Luna provides everything at your doorstep, from gold courses, expansive parklands and magnificent beaches.

Delivered by Plank Developments and designed by Vic Lake Architects, Luna was designed with a timeless and sophisticated edge, enhancing its oceanfront position.

Among its amenities include alfresco living space, secure basement car parking and sun-drenched interiors. 
 

6. Soul, Cronulla 
Address: 131-133 Gerrale Street, Cronulla NSW 2230 
Apartment prices available upon request

[smartcode_project:default project_id=25138]

Located in Sydney’s southern beaches and just footsteps from the sands of Cronulla, Soul offers relaxed coastal living.

Boasting sweeping ocean views and outlooks in every direction, the development offers the ideal sanctuary from busy city living.

Soul’s two and three-bedroom residences deliver floor-to-ceiling windows and open-plan interiors.

Among the project’s features are modern designs, decadent finishes and, in the luxury penthouse, a private rooftop courtyard and a swimming pool.
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Urban takes a look at six stunning coastal properties to consider in NSW

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Wanting to extend summer? Check out six of NSW's best coastal apartment developments

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First home buyers looking to secure a new off-the-plan apartment will be glad to know they can still take advantage of the NSW Government’s stamp duty exemptions.

Last August, the NSW Government increased the threshold for stamp duty exemption for newly built homes from $650,000 to $800,000 for first home buyers.

The First Home Buyers Assistance scheme (FHBAS) erases barriers to home ownership for many who can now save thousands.

Urban takes a look at six Sydney apartments you can secure and pay no transfer duty

 1. The Laneways, Rosebery 
Address: 33-37 Mentmore Avenue, Rosebery NSW 2018 
One-bedroom apartments from $562,800

[smartcode_project:default project_id=24323]

The Laneways is Rosebery's exciting new address, delivered by Ellerson Property and located on the sought-after Mentmore Avenue.

The boutique-sized apartments include one, two and three-bedroom offerings at an entry price well below the NSW Government’s FHBAS threshold. Among its offerings include a spacious entertainer's kitchen, floor-to-ceiling storage and its convenient location just six-kilometres from the Sydney CBD. 
 

2. Bloom Arncliffe 
Address: 213 Princes Highway, Arncliffe NSW 2205 
Two-bedroom apartments from $710,000

[smartcode_project:default project_id=6201]

Bloom Arncliffe offers one and two-bedroom apartments perfect for first home buyers looking to take advantage of stamp duty exemptions.

Dispersed over seven state-of-the-art buildings, the recently-completed development features space to work from home, private balconies, entertaining space and views of Botany Bay. 
 

3. Beyond, Hurstville 
Address: 93 Forest Road, Hurstville 
One-bedroom apartments from $685,000

[smartcode_project:default project_id=6798]

Designed in collaboration between Woods Bagot and DKO Architecture, Beyond provides first home buyers with incredible amenities at an affordable entry price.

As well as the attached 4,500sqm retail precinct anchored by Woolworths, Fridcorp’s Beyond is boasts an outdoor dining and teppanyaki grill, gardens, lobby bar and residents’ dining. 
 

4. The Galleria, Parramatta 
Address: 23-29 Hassall Street, Parramatta NSW 2150 
Two-bedroom apartments from $699,000

[smartcode_project:default project_id=9190]

Situated in the heart of the Parramatta CBD, the Galleria boasts 20-storeys and numerous on-site amenities, including a sixth-floor sky podium.

Features and finishes of the finest quality have been carefully selected to create an air of enduring style and sophistication from the interior colour palette to the bathrooms and kitchens to the generous indoor and alfresco living spaces. 
 

5. Moseley, Carlingford 
Address: 17-21 Moseley Street, Carlingford NSW 2118 
Two-bedroom apartments from $752,900

[smartcode_project:default project_id=25486]

The affordable Moseley project by the H&amp;T Group is located in the City of Ryde, and close-by Epping Station.

Offering 41 one, two and three-bedroom apartments with contemporary design, modern silhouettes and amenities, first home buyers can save on the project. Among its offerings include private storage, a gym, communal entertaining areas and an electric car charging dock. 
 

6. Eminence, Zetland 
Address: 811 Elizabeth Street, Zetland NSW 2017 
One-bedroom apartments from $745,000

[smartcode_project:default project_id=21882]

Set in the dynamic inner-city precinct, Zetland, Eminence delivers a trio of boutique buildings commanding four street frontages nestled perfectly between Surry Hills, the transformational Green Square precinct and the Sydney CBD.

Delivered by Meriton and designed by DKO Architecture, Eminence brings together residences with onsite retail, childcare facilities, podium gardens and five-star amenities.
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First home buyers looking to secure a new off-the-plan apartment will be glad to know they can still take advantage of the NSW Government’s stamp duty exemptions

Save thousands: Sydney apartments you can secure without paying stamp duty 

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The coming weeks may be your last chance to save on a brand-new apartment purchase with the HomeBuilder Grant extension set to end on March 31.

HomeBuilder provides eligible owner-occupiers, including first home buyers, with a $15,000 grant to purchase a new build or off-the-plan dwelling in Sydney valued under $950,000.

For many first home buyers, the current government incentives mean that it may be cheaper to own than to rent.

So, if you’re looking to cash in on the competitive offers and grants available for only a limited amount of time, here are four Sydney residences eligible for the $15,000 HomeBuilder Grant. 
 

1. Georgette, Kew Schofields 
Address: 23-27 Schofields Road, Schofields NSW 2762 
Two-bedroom apartments from $535,000

[smartcode_project:default project_id=32227]

Georgette is the second stage of Positive Investment Enterprise’s Kew Schofields project, integrating convenient living with natural beauty in one of Sydney’s newest suburbs, Schofields.

Designed by PBD Architects, the light-filled apartments in one and two-bedroom configurations feature ample storage, extended gardens and state-of-the-art energy and storage innovations thanks to a partnership with Tesla. 
 

2. Ed.Square, Edmondson Park 
Address: Corner Soldiers Parade &amp; Campbelltown Road, Edmondson Park NSW 2174 
Three-bedroom townhouses from $750,000

[smartcode_project:default project_id=5995]

Located in Sydney’s south-west suburb of Edmondson Park, Ed.Square is Fraser Property’s new net zero energy demand home project which Is set to produce more energy than they consume.

The balanced energy homes could will save residents up to 43 per cent of their energy costs, with features including, LED lighting, electric boosted solar hot water, ground source heat pump space conditioning and 4kW of solar PV. 
 

3. Auburn Square, Auburn 
Address: 26-36 Northumberland Road, Auburn NSW 2144 
Three-bedroom apartments from $837,000

[smartcode_project:default project_id=7317]

Situated in the heart of western Sydney, Auburn Square boasts ultimate liveability and a sense of community.

Designed by Rothelowman, the development’s design provides perfectly considered spaces and an expansive rooftop, featuring a generous dining experience, outdoor fitness equipment, and impressive cityscape views. 
 

4. Fairwater, Blacktown 
Address: Fairwater Boulevard, Blacktown NSW 2148 
Two-bedroom townhouse prices available upon request

[smartcode_project:default project_id=7664]

Surrounded by 9-hectares of open parklands, Frasers Property’s Fairwater offers spacious, high-quality and connected homes in Sydney’s Blacktown.

Homes at Fairwater are designed for entertaining with open-plan living that flows from the kitchen to the courtyard
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Four Sydney residences eligible for the $15,000 HomeBuilder Grant

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A $40 million project to refurbish university-owned residences in Sydney’s inner-city Darlington has been approved by the NSW Government in an attempt to provide more safe and affordable accommodation to students.

Owned by the University of Sydney, the terraces will offer 336 students and visiting academics affordable single and double room accommodation across the original Darlington Road complex and four new buildings, between two and four storeys.

“Darlington Terraces will be renovated and four new buildings built providing new and improved student housing in the heart of the inner-city and within minutes of public transport,” Stokes said.

The development will also include new landscaping, park upgrades and public art, delivering broader benefits to the local area.

University of Sydney vice-chancellor Professor Stephen Garton welcomed the approval. 
 

<h2>Other residences ideal for students or investors in Sydney</h2>

While COVID-19 may have halted the flow of international students to Sydney’s inner-city, suburbs, an off-the-plan purchase offers investors an affordable asset as they wait for the borders to reopen.

Urban takes a look at three residences located in high-student populated areas nearby the city’s leading universities:

1. Eminence, Zetland 
Address: 811 Elizabeth Street, Zetland NSW 2017 
One-bedroom apartments from $745,000

[smartcode_project:default project_id=21882]

Delivering some of Zetland's most luxurious oversized apartments, Eminence is a new offering from Meriton. 

Located a short 600-metres from Green Square and 3.5-kilometres from the CBD, Eminence brings together beautifully-considered living environments with vibrant onsite amenities, including a childcare centre, podium gardens and retail.  
 

2. Polo Collection, Rosebery 
Address: 55 Rothschild Avenue, Rosebery NSW 2018 
One-bedroom apartments from $710,000

[smartcode_project:default project_id=7588]

Designed by award-winning architects SJB, Polo Collection comprises 275 luxury apartments in the conveniently-located Rosebery. 

Also delivered by Meriton, the four-building complex enjoys connected inner-city living, an expansive floorplan and green vistas thanks to the neighbouring Rosebery Park. 
 

3. Spectrum, Mascot 
Address: 42 Church Avenue, Mascot NSW 2020 
One-bedroom apartments from $620,000

[smartcode_project:default project_id=5873]

Strategically located under approximately five kilometres from both the University of Sydney and the University of New South Wales, Spectrum presents 367 spacious apartments across four boutique residential towers. 

Spectrum is surrounded by leafy walkways and podium gardens and offers ideal north and east aspects over the lush central park towards Sydney CBD in over 75 per cent of residences.
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Owned by the University of Sydney, the terraces will offer 336 students and visiting academics affordable single and double room accommodation

NSW Government greenlights Darlington Terraces rebuild for affordable student housing

Lifestyle markets in the Greater Sydney region were among a number&nbsp;council areas with the highest incidence of profitability,&nbsp;according to CoreLogic’s recent Pain and Gain report.

While&nbsp;the higher-end housing market of Hunters Hill recorded the highest rate of profitable sales at 97.8 per cent, Sydney's lifestyle markets also saw significant profit-making sales.

“Council regions toward the top of the list for profitability included the Blue Mountains and Central Coast,” the report noted.

The Blue Mountains reported 96.6 per cent of all sales as profit-making with a median profit of $305,000, similar to the median profit of North Shore properties in Ku-Ring-Gai and Lane Cove.&nbsp;

95.5 per cent of Central Coast properties sold for a profit over the September quarter, with a total value of profit recorded at over $600 million, second only to the Northern Beach's $845 million.&nbsp;

Across Greater Sydney, the portion of profit-making sales increased 70 basis points to 91.9 per cent, with houses faring better than units.

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-01-19_at_5.40.39_pm.png" rel="gallery-all"><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="401" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2021-01-19_at_5.40.39_pm.png?itok=5DzoMLA1" width="580" /></a>

Across the council regions of Sydney, the highest portion of loss-making sales were in Strathfield and Parramatta, at 18.7 per cent and 18.4 per cent respectively.

88.1 per cent of the loss-making sales in Parramatta were units, 76.1 per cent of which were investor owned.

With a trend towards recovery in the Sydney dwelling market over the December quarter, CoreLogic predicts profitability may increase across the Sydney market in the coming months.

<h2>Residences on the market in Sydney’s profit-making Central Coast region</h2>

1. <a href="/developments/gosford-nsw-2250">The Archibald</a>, Gosford 
Address: 110-118 Mann Street, Gosford NSW 2250

<a class="colorbox colorbox-insert-image" href="/developments/gosford-nsw-2250" rel="gallery-all" target="_blank"><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="347" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/archibald.png?itok=skyOdEz9" width="580" /></a>

The Archibald is a statement of cosmopolitan living and relaxed luxury. This amenity-rich project&nbsp;is set to become one of the Central Coast’s most vibrant and dynamic urban villages, combining architectural design, luxury&nbsp;apartment living, and a premium hotel.

Taking its name from&nbsp;Archibald&nbsp;Acheson, the second Earl of&nbsp;Gosford&nbsp;circa 1839, The&nbsp;Archibald&nbsp;has an innate refinement&nbsp;with a contemporary laidback appeal. 
&nbsp;

2. Ravello, Point Frederick 
Address: 65 Masons Parade, Point Frederick NSW 2250

<img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="370" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/ravello-65-masons-parade-point-frederick-c5aaeb0223ea1baf93bd99719ae86c1b.jpg?itok=QJl3HX-H" width="580" />

Few locations rival Point Frederick’s intimate embrace of the coast. Prized for its substantial homes, leafy streets and magnificent views, it is one of the most tightly-held enclaves on the Central Coast.

Ready to move in 2021, Ravello offers waterside residences with spacious living and large outdoor terraces. Designed by White + Dickson Architects, the residence includes wine cellars, furnished lobby and views over Brisbane Water. &nbsp;

Council regions toward the top of the list for profitability included the Blue Mountains and Central Coast

Greater Sydney lifestyle markets fared well in 2020: CoreLogic

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Prospective homebuyers will be better protected under sweeping changes to the law governing off-the-plan contracts. 
Changes to the Conveyancing Act, which take effect on 1 December 2019, will see much tighter requirements imposed on developers regarding disclosures, cooling-off periods, holding of deposits and sunset clauses. 
Minister for customer service Victor Dominello said the number of off-the-plan purchases in NSW had increased significantly in the last decade from 2,646 in the 2008/09 financial year, to 17,218 in 2018/19, which represents 10.6 per cent of residential property sales.  
“We are delivering on our commitment to better protect home buyers by closing down loopholes and increasing disclosure standards across the board,” Mr Dominello said.
The changes include:
·         Buyers being provided with key information about the development, including  copies of the proposed plan, proposed by-laws and a schedule of finishes before contracts are signed;
·         Requiring vendors to notify purchasers of material changes to what was disclosed;
·         Allowing buyers to end the contract or claim compensation in some cases if they are materially impacted by changes made from what was disclosed; 
·         Vendors providing a copy of the final plan at least 21 days before the buyer can be compelled to settle;
·         Widening existing legislation to clarify that the Supreme Court can award damages where the vendor terminates under a sunset clause; and
·         Extending the cooling-off period to 10 business days with any deposit to be held in a controlled account until settlement.
“Buying off-the-plan is a popular option, particularly for first home buyers, but there can be risks and uncertainties involved,” Mr Dominello said.
Minister for better regulation and innovation Kevin Anderson said the changes are "vitally important for the NSW Government’s building reforms which aim to deliver greater protections for consumers, while increasing the transparency, accountability and quality of work in the sector.”
For more information visit <a href="https://protect-au.mimecast.com/s/dHuoCXLWL0u7qA0KT6kyFG?domain=registrargeneral.nsw.gov.au" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://protect-au.mimecast.com/s/dHuoCXLWL0u7qA0KT6kyFG?domain%3Dregistrargeneral.nsw.gov.au&amp;source=gmail&amp;ust=1575324325478000&amp;usg=AFQjCNEXTjDk3d_48SClm18G02DcTMIgdg">www.registrargeneral.nsw.gov.au</a>.
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New off the plan rules for NSW apartment developers

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Sydney units are starting to approach the bottom of the market after spending 12 months in decline, according to Herron Todd White (HTW).
Apartments started to decline in June last year and became a declining market a month later, the valuation firm said.
To enlarge Herron Todd White's national property clock for units, <a href="https://www.propertyobserver.com.au/images/2019/7/3/Herron%20Todd%20White%20unit%20clock%20July.jpg" target="_blank">click here</a>.
<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/2019/7/3/Herron%20Todd%20White%20unit%20clock%20July.jpg" alt="">
The Illawarra market, which has closely tracked the decline in Sydney over houses and units, is also approaching the bottom, along with the Southern Highlands south-west of Sydney.
The Melbourne unit has officially hit the bottom, the valuation firm believe.
Mackay has too hit the bottom of the market, but will be looking fellow mining town Emerald in Queensland which is now starting to see a recovery in its apartment market.
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Sydney units start to approach the bottom: HTW

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The headwinds facing the Sydney market are starting to ease, but further hurdles need to be overcome before the market stabilise, says a new report from JLL.
Its Australian Residential Research – April 2019 report says the market is still trying to absorb the tail end of a significant supply cycle.
The report says “the final recommendations of the Hayne Royal Commission have not tightened credit further and APRA have loosened its macro-prudential measures”.
But measures to boost demand will take time to take effect.
<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/2019/5/30/New%20Project.jpg" alt="">
JLL says that the economic outlook for the state looks positive, with the state’s infrastructure pipeline to underpin economic growth in NSW.
“The coming Federal election is also likely to stifle demand in the short-term and the result could impact the longer-term outlook if Labor’s proposed property tax changes are passed,” it said.
“Meanwhile, the economic outlook for NSW remains positive.
“The re-elected State government is committed to infrastructure spending, which will support employment growth and underlying housing demand.”
<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/2019/5/30/New%20Project%201.jpg" alt="">
On the demand side, both foreign and domestic investor demand continues to decline, but first home buyers remain active.
“Demand from foreign buyers is expected to continue to fall as the Federal and state governments are unlikely to remove foreign stamp duties or foreign investment application fees, which would offer some relief to foreign investors in the near future,” JLL said.
Meanwhile, apartment supply pipeline remains subdued, as fewer projects progress to construction.
<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/2019/5/30/New%20Project%203.jpg" alt="">
Apartment values are falling, however there appears to be some easing in decline.
“Capital values will continue to face pressure in 2019 and experience further decline,” the report 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/2019/5/30/New%20Project%204.jpg" alt="">
Apartment rents declined across Sydney, while the vacancy rate showed signs of stabilising.
<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/2019/5/30/New%20Project%205.jpg" alt="">
Gross apartment yields remain stable and the lowest of all capital cities.
“Teh vacany rate is expected to stabilise towards the backend of the year,” JLL said.
“Rents are expected to follow, with any further decline likely to be marginal.”
<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/2019/5/30/New%20Project%206.jpg" alt="">
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Sydney apartment market headwinds subside, but much still to be done: JLL

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Statements by the NSW Planning Minister raising concerns about high rise apartment living for families are misplaced.
NSW Planning Minister, Rob Stokes, has recently raised concerns about both urban sprawl and high density apartments by preferring town houses and terrace houses for families as Sydney grows.
In an article in the Sun-Herald Minister Stokes said 'We have an ideology in favour of sprawl, which has proven wrong' and 'an ideology in favour of high-rise might lead to problems in 50 years' time'. But many Sydney families are preferring the more co-operative lifestyle of apartment living, where much bigger gardens are shared by a number of families.
The 2016 census demonstrated that 28 per cent of Sydney's apartments are occupied by families and the apartment market is responding to this trend by providing onsite child care, large gardens and parks, as well as playgrounds that mean children get much bigger and better facilities than the small back garden in a terrace house.
Shared swimming pools are also an asset in apartments while terrace house gardens cannot have space for a pool.
The Urban Taskforce has recently undertaken research on the growing trend towards family living in apartments, and has found many examples of successful lifestyles. The development, The Gallery, by Meriton at Roseberry has a day care centre right next to the front door with a large play area in the internal courtyard.
Resident Lauren, with her little boy Lucas, are thrilled with the apartment lifestyle having access to shared swimming pools, playgrounds and parks as well as to local schools. At Harold Park by Mirvac the apartments open directly onto a shared park with playground facilities for children of all ages.
While terrace houses are part of the solution to providing housing diversity for Sydney's growth the reality is that 50 councils petitioned the NSW Government against this code. The primary reason was that the so called 'missing middle' would change the character of Sydney’s leafy suburbs, and the concept of the detached house defining ownership.
A better approach may be to protect Sydney's suburbs and focus new development in more urban precincts around railway stations in apartments. 
The Urban Taskforce calls on Dr Stokes as planning minister to have an open mind about apartment living as a key component of managing Sydney's growth. During the recent NSW state election there was a lot of anti-apartment and anti-density rhetoric that was picked up by politicians.
We believe much of this came from older people wedded to the detached house as being the 'Aussie' way to live, but younger generations like the Millennials are demonstrating that they prefer apartment living, where they trade off house size for closeness to work and amenities, and are trading off excessive ownership of assets with a sharing lifestyle where access to amenities is more important.
The Urban Taskforce is developing a campaign to support apartment living as a vital part of the diversity of housing types Sydney needs into the future. Our "welcomehome.org.au" website is the beginning of this awareness campaign.
CHRIS JOHNSON is the Urban Taskforce CEO
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NSW Planning Minister must support apartments for families: Chris Johnson

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One of the failings of Sydney's new high-rise housing landscape is the lack of family-suitable apartments.
While three-bedroom apartments have been typically targeted towards cashed up empty nesters and downsizers, there has been little supply for vertical families seeking an alternative to the home with backyards on suburb streets.
Developers ought be embracing more affordable three-and four bedroom designs to provide cross-generational villages where everyone from young to old can be accommodated.
For much of the recent apartment boom, developers have instead taken the quick money supplying studio, one and two bedroom stock aimed very much for the investor.
The majority of new apartment housing is 75 square-metre, two-bedroom apartments.
It is calculated three-bedroom apartments only make up between three per cent to 6% of all apartments.
This week's CommSec’s Home Size Trends Report noted apartments are shrinking in size across the country — from around 140 square metres between 2004-2010 to just under 125 square metres today. And they are smaller in Sydney, down 10% over the past year to a 116 square metre average size, the smallest among all the capital cities.
The newly built apartment mix is generally within the development control plans of local council as a preferred percentage with required sizes within in the state government's residential flat design code.
Most councils currently have two bedrooms at 70% of stock, one bedrooms consist 20% and the proportion of three bedrooms at 10%. 
But already 20% of Sydney’s apartments are being occupied by families, according to the 2016 census, up from 14% of apartment dwellers being couples with children in 1991.
The design of apartment building mix needs to ensure appropriately sized apartments are a greater part of the mix so they are able to be lived in as a family home for a long duration.
We ought be inspired by classic European cities like Paris, if Sydney wishes to meet its aim of being among the most liveable cities of the world.
Building three-bedroom apartment help avoid urban sprawl by encouraging families to be where there's established infrastructure.
The push to Sydney high-rise is irreversible.
Chris Johnson at the Urban Taskforce, an industry organisation representing property development interests, says back in 1991 apartments were only 21% of Sydney’s homes. 
"They are now 30%, and this could rise to an amazing 50% in 40 years time," he said.
Three bedrooms require a big change in developer thinking.
Yes, developers have embraced minimum open space requirements, sometimes rooftop gardens with shared BBQ facilities.
There's now communal bike areas, although developers are still slow to ensure basics such as basement storage which are needed to take the place of the backyard shed.
Then there's the need for libraries, maybe even music practice rooms.
Realistically there can only be a gradual increase in any mandated requirement by council for an improved diversity of apartment mix.
The Hills Shire is apparently pushing bigger apartments more than most councils.
But it will come at a cost.
The price of land across Sydney dictates the highest possible density for return on development investment.
The standard construction building costs per square metre range from $2600 to $5000.
The average sale price for a Sydney apartment is $10,000 a square metre as a rough rule of thumb.
The developers have certainly tapped the baby boomer downsizers as Savills International suggested typical off the plan luxury sale prices sat at around $26,000 a square metre as the boom neared its peak.
Any shift to affordable, larger apartments would be a “godsend” according to University of NSW’s City Futures Research Centre director Bill Randolph.
This article first appeared in The Daily Telegraph. 
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