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.

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[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."

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[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 signature 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." />

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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

Deicorp has created an entire village at Castle Hill’s Showground precinct.&nbsp;

Located next to the Hills Showground Metro and above a vibrant retail precinct, the development offers the best of urban convenience and lifestyle.&nbsp;

Award-winning architects, Turner Studio have designed the stylish and generous one, two and three-bedroom apartments, with Deicorp's construction team expecting to complete construction in 2025.&nbsp;

[smartcode_project:default project_id=133881 project_image_fid=209804]

First home buyers are set to make up a crop of the purchasers in the Hills Showground Village, with new incentives introduced by the New South Wales Government which allow FHB's to pay no stamp duty.

All of the apartments at Hills Showground Village qualify under the First Home Buyer Choice program, with savings of more than $30,000 available when buying an $800,000 apartment.

Offering lush views across the Cattai Creek Corridor and the Castle Hill district, each of the homes at Hills Showground Village provide connection with their surroundings.

Apartment designs promote a sense of wellbeing and space, complete with highly functional living spaces spilling out onto generous outdoor areas, while floor-to-ceiling glass walls invite the outside in, complemented with the warmth of the engineered European Oak timber floors that run throughout the living and dining spaces.

All kitchens come fully equipped with a SMEG oven and gas cooktops. Storage abounds with an integrated pull-out pantry, with some floorplans even including a handy study space.&nbsp;

[smartcode_project:default project_id=133881 project_image_fid=209812]

Generous communal podium amenities will serve each building, including barbecue, dining and entertainment facilities, a playground, and lushly landscaped gardens and green spaces.&nbsp;

The retail precinct will include a range of cafes and restaurants, along with over 30 speciality retail outlets and a major supermarket.&nbsp;

While leaving the Hills Showground Village is practically unnecessary, with everything on the doorstep of the site, the Hills Showground Metro is located next door, connecting residents to major employment centres, universities, Macquarie Park, Norwest, Chatswood, North Sydney, Barangaroo, and the CBD.&nbsp;

[smartcode_project_cta:default project_id=133881]

alisonwarters@gmail.com

A look at Deicorp's Castle Hill development, Hills Showground Village

Sekisui House Australia are taking on one of Sydney's fastest growing areas in their latest residential development.&nbsp;

The Orchards is set to rejuvenate the urban side of Norwest, with the significant masterplanned community to be home to 1300 apartments, spread across five release stages throughout the 8.1 hectare site.&nbsp;

Lumia is the third stage of apartments to be released in the community, with the previous releases all entirely sold out.&nbsp;

Prospective buyers can currently secure a new apartment in The Orchards with just a one per cent deposit.&nbsp;

[smartcode_project:default project_id=111509 project_image_fid=191136]

Designed for buyers who value privacy and community, green spaces and location, Lumia has been designed by the architects at Turner, offering a mix of one, two, three and four-bedroom apartments.&nbsp; 
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330 residences will be constructed in total, with the range of apartment sizes and multiple designs and layouts stylised to target a broad demographic of buyers.

The apartments will maximise on natural daylight and solar access throughout the open living spaces and external areas, with a large selection also offering additional max spaces. A max space apartment features an additional space that has been functionally designed as a multi-purpose room, to meet everyone's individual needs, be it a study space, workspace or a nursery.&nbsp;

With a variety of outdoor spaces ranging from the landscaped podium at the centre of development to cycleways, pedestrian paths, a linear park, a residents only communal courtyard garden and heated pool and outdoor dining facilities, resident’s will be at home to a pursuit of recreational amenity.&nbsp;

[smartcode_project:default project_id=111509 project_image_fid=191138]

The publicly accessible park will transition through the landscaped podium to the private Lumia open spaces, surrounding residents in lush planting and detailed landscaping that both complement and enhance the surroundings, while the pedestrian and cycleways will also connect the separate elements of the precinct with areas that provide a mix of active and passive spaces.

Site Image Landscape Architects were given the reins in designing the green spaces, with the new linear park situated along the boundary of Lumia, connecting the site to the whole of The Orchards.

[smartcode_project_cta:default project_id=111509]

Inside Lumia: The latest apartments to rise in The Orchards 

The privately owned real estate and investment group Conquest marked their first foray into Burwood with their latest residential development, La Luna.&nbsp;

With offices in both Sydney and London, the group has seamlessly connected La Luna with its surrounding diversified neighbourhood, with the 54-apartment tower donning a brass-accented facade which gives it its distinct character.&nbsp;

Located in the heart of the thriving inner-west suburb, at 23 George Street, the apartments sit on the cusp of Burwood's restaurant district.&nbsp;

[smartcode_project:default project_id=6552 project_image_fid=202004]

A wide variety of venues are on offer, from the fast-paced style of Burwood's own Chinatown, made up of thirty hawker-style eateries, or for a more refined experience, residents can opt for Onyx Grill which is located in&nbsp;Crowne Plaza Sydney Burwood.&nbsp;

For an afternoon sip, Skye Bar is an eight-minute stroll down Burwood Road, taking in sunsets over the Blue Mountains as well as 360 degree views of the Greater Sydney skyline.&nbsp;

Outdoors-y residents will also find a place within the community, with Burwood Park located just 350-metres from La Luna, offering a recreational space for everybody, with a tennis court, an outdoor chess board, and a playground.&nbsp;

Shopping enthusiasts won't have to look far either, with Westfield Burwood a seven-minute stroll from the steps of La Luna, boasting an array of retailers, including&nbsp;David Jones, Kmart, Target, Coles, Woolworths, along with an Event Cinema.

[smartcode_project:default project_id=6552 project_image_fid=202005]

With many families calling Burwood home, a number of schools also fall within reach of La Luna, with Burwood Girls High, Burwood Public School and the&nbsp;Sydney School of Business and Technology all under a 10-minutes walk.

The site is located within 250-metres of Burwood Train Station, making commuting into the city, which is just 12-kilometres away, a breeze. A number of bus stops are also within proximity of La Luna's steps, while the proposed future Burwood Metro will be only a short walk away, adding additional means of transport for residents.&nbsp;Residents can make their way into the city via a ferry as well, with Cabarita Wharf just five-kilometres from the site.&nbsp;

[smartcode_project_cta:default project_id=6552]

Around Burwood's La Luna Residences 

Sydney development group Top Spring Australia has sold the second penthouse within its Ode Double Bay development, fetching a price of a cool $21.49 million.&nbsp;

The 219 sqm penthouse, which features an upper level with a private 111 sqm rooftop terrace, complete with a spa and landscaped entertaining spaces, was sold to a couple seeking to downsize from their five-bedroom harbour-front residence in Sydney’s eastern suburbs.

The penthouse comprises three-bedrooms, three-bathrooms, a media room and multiple living and dining zones. The master bedroom features a custom walk-in robe with leather finishes and an oversized bathroom complete with a freestanding bath, double shower, marble bench tops, and travertine flooring.

A private wine cellar adjoins the expansive entertainer’s kitchen and butler’s pantry, finished in natural stone bench tops, custom joinery and a choice of either timber or travertine floors.

<a data-entity-type="file" data-entity-uuid="6fe53e49-7222-42dd-8022-2d2979098465" href="/new-apartments/ode-double-bay-19-27-cross-st-double-bay-nsw-2028"><img alt="Render of Ode Double Bay" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ODE_External%20Hero.jpg?VersionId=HL7i0pU6L.bhRT2gFhKf8_sUkRq85IMw" /></a>Render of Ode Double Bay. Image supplied.&nbsp;

It’s the third time Ode has broken the previous pricing record of $16.092 million in the blue-ribbon suburb, with the adjoining penthouse selling off the plan for $24.9 million and a sub-penthouse selling for $17.495 million.

Top Spring Australia Managing Director, Sydney Ma, said the sale of the two Ode penthouses to local buyers is a testament to its exceptional architecture and location, and its enduring contribution to the renaissance of Double Bay.&nbsp;

“From its refined architecture, artwork and concierge service to the vibrancy of the custom interiors and ground floor retail spaces, Ode’s contribution ultimately extends beyond that of a residential experience, to a complete and unrivalled lifestyle experience,” Ma said.&nbsp;

All three record-breaking sales were brokered by 1st City Real Estate Group.

Managing Director Brad Caldwell-Eyles said wine collecting is a passion of the latest penthouse purchasers.

“The wine room was certainly a real draw card, alongside the lifestyle, convenience, outlook and quality that comes with living at Ode Double Bay,” Caldwell-Eyles said.

“Our buyers are very active in golf, travel and their family office’s business interests, and the opportunity to downsize from their five-bedroom harbourfront home to this exquisite three-bedroom plus media room penthouse was perfectly timed.”

<a data-entity-type="file" data-entity-uuid="2081b6a5-3583-470c-80f2-a76e373ea38a" href="/new-apartments/ode-double-bay-19-27-cross-st-double-bay-nsw-2028"><img alt="Render of the wine room in Ode Double Bay" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/21187_214_HR.jpg?VersionId=e7aK1JdNrOAgtRVvGo5tY2rgMwe_siIN" /></a>Render of the wine room in Ode. Image supplied.&nbsp;

The five-storey development, designed by Luigi Rosselli Architects, comprises 15 three and four-bedroom apartments and 600 sqm of ground floor retail space, most of which has been sold to leading Sydney restaurateurs.

Double Bay institution, Indigo, will move into 300 sqm of Ode’s retail space and local fine dining offering, Carte has secured 137 sqm of space with plans to relocate its modern art and fine dining experience.

Located at 19-27 Cross Street, the corner site also directly links to local retail and dining offerings, and is located close to local beaches, parks and public spaces.

The remaining three-bedroom apartments start from $9.695 million, while the four-bedroom 
residences start from $11.995 million.

Demolition of the existing site commenced in September 2022, with the main construction phase due to commence in early 2023. Construction is scheduled to wrap by early 2025.&nbsp;

[smartcode_project_cta:default project_id=113405]

Downsizers splash $21.49 million on Ode Double Bay penthouse 

Property developer Birdy is currently constructing a residential project in Sydney’s Southern Highlands.&nbsp;

The subsidiary of Australian builders, Tribeca, will construct a collection of just four pavilion residences, with the project tipped to attract attention from buyers looking for a low-maintenance home that offers privacy.&nbsp;

Located in Elmsdale at 56 Kangaloon Road in Bowral, each of the pavilions will comprise three-bedrooms, three-bathrooms and a double garage, with considered landscaped gardens in their surrounds.&nbsp;

Knight Frank Agent, Nathan Berlyn is marketing the residences, which are priced from $2.5 million to $2.7 million, saying the homes would appeal largely to downsizers looking for freestanding single-level homes offering great internal proportions, a low maintenance yard, within a boutique complex, all just minutes from Bowral’s town centre.&nbsp;

<img alt="Render of the proposed Bowral development " data-entity-type="file" data-entity-uuid="60c2adb0-8c33-40ed-a338-f78581c47906" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/01-%20LIVING%20VIEW%201%20-%20Woodland.jpg?VersionId=lVXY48eRRQDmlNsMcFmC1HFgrUj8YbTo" />

“One of the biggest draw cards for buyers in the area is the location of Elmsdale in the village of Bowral, with easy access to a huge range of cafes, restaurants and shops,” he said.

“Elmsdale also benefits from being only minutes away from many nature walks, national parks, historic villages, award winning wineries and beautiful gardens that are ever-changing through the seasons.

Berlyn said the Southern Highlands had seen significant demand during and post COVID from Sydney-based buyers.

“We are still seeing strong demand across multiple projects, with Sydney buyers from affluent areas seeking a weekend retreat or eventual retirement home in Bowral,” he said.

“This, combined with the demand from local downsizers coming off larger acreage lots, is creating strong interest in a well-designed project such as Elmsdale.”

Designed by Bowral-based Tziallas Architects, the homes will span from 214.5 sqm to 233.5 sqm, with land sizes ranging from 387 sqm to 407 sqm.&nbsp;

<img alt="Render of the proposed Bowral development " data-entity-type="file" data-entity-uuid="7b35f301-f0bf-428f-95ee-8f5bb87fd273" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/02-%20LIVING%20VIEW%202%20-%20Alpine.jpg?VersionId=pNP6.goO9p9981mLEcipQ79Ba2W4wNDz" />

The residences will feature two living rooms which connect to a garden terrace with an entertainer’s deck, as well as an entry hallway with a built-in window seat.&nbsp;

Josiah Sciascia of Birdy said space, light and laidback luxury characterised the future-proofed pavilions in Elmsdale, which have been designed with quality finished for a low maintenance lifestyle.&nbsp;

“The residences are the epitome of Southern Highlands life,” he said.&nbsp;

“Vaulted ceilings, clean lines and easy flow floorplans come together to create a tranquil and inviting home for relaxing and entertaining.”&nbsp;

Under floor heating and heated towel rails will also be incorporated, in addition to a butler’s pantry, a gas fireplace, wall panelling and floor-to-ceiling windows. &nbsp;

“Each residence is individually designed to incorporate understated opulent materials including recycled brick, modern roof profiles, vertical v-groove cladding and contemporary landscaping for a low-maintenance lifestyle,” Sciascia said.&nbsp;

<img alt="Render of the proposed Bowral development " data-entity-type="file" data-entity-uuid="694fb501-efb0-4db3-aeb5-72ecf908e93e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/13-Elmsdale-Street-3.jpg?VersionId=ownMriuEIo7R5l2yd3VYNYvvF4qzBPLR" />

“They are also future-proofed for accessibility. Each residence is designed with generous space in the kitchen, master bedroom and main bathroom with large spacious hallways and flat entrance thresholds for level access.”

“Expansive double-glazed windows and doors connect each residence to the surrounding gardens providing an immediate connection to nature.”

Construction on the homes is slated for completion by the first half of this year.&nbsp;

[smartcode_project_cta:default project_id=138289]

Boutique residential development under construction in Bowral 

Allen Linz's Rebel Property Group and developer Braxton Capital, led by Andrew Donnelly, are teaming up again to deliver a striking block of apartments in Sydney's Inner West.

The duo have lodged plans for a 51-apartment building at 37-47 Farr Street, ideally located at the quiet end of Farr Street, while still being in touching distance of Marrickville's bustling foodie and brewery scene.

Donnelly says architecture firm PBD created a design that&nbsp;complemented the rich heritage of the area.

“We were fortunate to be given the opportunity to develop one of the first residential sites in the brand new Victoria Road Precinct,” Donnelly told Urban.

“Collaborating with award winning PBD Architects led to creating a design that mingled with a suite of contemporary, yet sympathetic design features. The result is a character-filled mix of one, two and three-bedroom residences in one of the most coveted residential locales in Sydney’s Inner West.”

Linz and Donnelly picked up the Farr Street site midway through last year, but managed to expand the project by securing the adjoining site just before Christmas.

Having already filed their development application for the apartments, they put together a plan for a pocket park for the community, with plans by Arcadia Landscaping featuring integrated seating, barbecues, an outdoor gym, yoga area, and a playground.

<img alt="Farr St Park" data-entity-type="file" data-entity-uuid="32d635cf-2d96-4217-a536-5920cfc58cb5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-01-19%20at%202.56.29%20pm.png?VersionId=wiMSzxIlD0VO7TZJ_LneGHY6qLHQtusT" /> 
The pocket park at 37 Farr Street designed by Arcadia

"We're at the quiet end of Farr Street, so a small park to benefit both future residents of our project, as well as the local community, felt apt for the site," Donnelly says, adding that the aim is to deliver the same type of pocket parks that you'd see in Notting Hill or Kensington in London.

The Farr Street site is located within the Timber Yards Sub-Precinct of the Victoria Road Precinct&nbsp;which was recently rezoned by the Inner West Council. The park at 37 Farr Street will act as a true site link to Victoria Road which is envisaged to be a street full of a new food and beverage scene, as well as supermarkets and services.

Linz and Donnelly are doubling down on Marrickville, which Donnelly says they feel is an underutilized market for a very different type of product.

Across Victoria Road on Faversham Street, Rebel and Braxton, in partnership with prominent Sydney developer TOGA, are creating 34 industrial workspaces, 24 drive-up storage units, and retail space, located opposite TOGA's under construction Wicks Place residential project which will bring 272 apartments to the area when completed.

<img alt="Braxton" data-entity-type="file" data-entity-uuid="15f9578e-f85a-46e9-9170-ac1b4a0c9544" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-01-19%20at%203.06.55%20pm.png?VersionId=c0IWNk_XX_q9jOePt5LowcRZrri28vgF" /> 
The industrial space by Braxton, Rebel and TOGA

"We're introducing a high amenity workspace for locals to enjoy," Donnelly says, adding that while they are deemed "industrial units", really they are more commercial spaces for small businesses.

"It's very much about the decentralization of the office. A lot of people don't want to head into the city anymore, but nor do they want to work from their kitchen bench or even home office anymore. We're developing a bridge between the two, working closer to home but not from your home."

There's been uptake already from tradies, e-commerce companies, and architects in particular.

<img alt="Braxton" data-entity-type="file" data-entity-uuid="dc32a710-1d26-4e1a-ad6b-1272efc0085c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-01-19%20at%203.03.50%20pm.png?VersionId=OmaaXv5YyEFr6oLiIeWPcAVeSb6Rrigs" />The industrial space by Braxton, Rebel and TOGA

Donnelly says Marrickville, as well as the likes of Alexandria and Five Dock, allow the opportunity to develop similar industrial/commercial developments within residential communities, and they'll continue to look to these markets for further development.

Braxton and Rebel recently further bolstered their 2023 pipeline, securing a site in Lane Cove where they are planning a townhouses project.

While developing everywhere from residential to industrial and commercial, Donnelly says Braxton's ethos to development is simple: deliver beautiful places for people to work or live.

[smartcode_project_cta:default project_id=134278]

“We were fortunate to be given the opportunity to develop one of the first residential sites in the brand new Victoria Road Precinct,” Donnelly told Urban

Exclusive: Braxton and Rebel Property Group lodge plans for boutique apartment building in Marrickville 

Chapman Gardens, one of the most popular off the plan projects in the $1 billion redevelopment of the Hills Showground Precinct in Castle Hill, is offering a handful of rare terraces as part of its release.

Shant Van Kolck, Head of Sales and Marketing at developer CG, has already sold 70 per cent of the terraces in the stage one release, with the majority of buyers coming from the local area.

Downsizers and upgraders have shown the most interest in the terraces so far as stage two follows suit, with strong interest shown in the two and three-bedroom apartments and terraces.&nbsp;

"The terraces offer something completely different to what's available in the local area," Van Kolck says.

[smartcode_project:default project_id=29359 project_image_fid=207472]

There are four configurations on offer in the terrace release; two-bedroom, two-bedroom plus study, three-bedroom and three-bedroom plus study, featuring multiple designs, with majority being on-off opening out to private courtyards.

"The differing floorplans and style designs make the terraces stand out," Van Kolck adds.

"Not only is Chapman Gardens one of the only terrace or townhome offering in the area, even if more are to be developed in the future, every buyer at Chapman Gardens will be at home with their own unique residence."

Space and size is a major focal point in Chapman Gardens, with floor-to-ceiling windows invite ample natural sunlight into every terrace. More cupboard space in the kitchens has also been allocated, creating a more substantial and practical living arrangement. The bathrooms also include a separate shower and bathtub, which Van Kolck says is quite a rare offering within new developments these days.&nbsp;

[smartcode_project:default project_id=29359 project_image_fid=199355]

"A majority of apartments and terraces include the stock standard shower/bath combo. Without compromising on space, Chapman Gardens features both in the main-bathrooms, which we've seen really appeals to the downsizer market," Van Kolck says.

"Another major benefit buyers will see at Chapman Gardens is the fact we've appointed an on-site builder who will be around for two years after construction wraps up. So if there's any maintenance, or general building questions residents have, they'll be able to go straight to his door and organise a plan of action straight away."&nbsp;

Similar benefits have already been seen throughout the construction process, Van Kolck says, with the head builder on-site everyday able to execute and action design and building changes straight away.

A trio of award-winning professionals have come together for the Showground Precinct project.

[smartcode_project:default project_id=29359 project_image_fid=207474]

CG Group engaged PTW for the designs, with the development taking up a unique park fronting site overlooking what will be the 6,000 sqm Chapman Reserve.

"Currently the park sits at 2,000 sqm, but it will further developed to be more expansive and spacious," Van Kolck says.

"50 per cent of the development is allocated toward gardens and with no shadow diagram required, every residence in Chapman Gardens will receive double the sunlight compared to others."

Stage one of Chapman Gardens is tipped to settle early next year, with stage two following on in early 2024.&nbsp;

[smartcode_project_cta:default project_id=29359]

The rare terrace offering drawing local downsizers to Chapman Gardens in Castle Hill

The development is located at the northern end of Bankstown’s commercial precinct and positioned perfectly to enjoy all the burgeoning region has to offer.&nbsp;

Envisioned to create a new benchmark for integrated living, Spring Square will connect residents to the distinct charm of Bankstown, which is overflowing with high end amenity, abundant recreational spaces and a lively food and entertainment scene.

On the doorstep of Spring Square lies quality education, retail and supermarkets, restaurants and cafes, as well as entertainment options like Hoyts Cinema and the Bryan Brown Theatre.&nbsp;

[smartcode_project:default project_id=7054 project_image_fid=47626]

The newly built Bankstown RSL Club is also directly next door and Bankstown train station is an easy few minutes’ walk.&nbsp;

As the most significant commercial hub of South West Sydney, Bankstown is also well connected with public transport and roads like the M5 and Hume Highway, providing links to the north, south, east and west with ease.&nbsp;

As the region is at the forefront of a revival, with impetus from the NSW Government’s plan to implement the Sydenham to Bankstown Urban Renewal Strategy well underway, a number of neighbourhoods, public spaces, town centres and community services will also be redeveloped and enhanced.&nbsp;

A new Sydney Metro train line is also in progress, which will connect Bankstown to key employment centres – providing further travel options and improved accessibility. Slated to open to the public by 2024, the new Metro line will be located just 300-metres from Spring Square.

This boost to the local economy has also seen the uncovering of plans for a brand new Bankstown-Lidcombe hospital, with the $1.3 billion health precinct a major boost for the area. Improved civic spaces are also on the cards, as well as a Western Sydney University campus right in Bankstown’s CBD, which will be just 400-metres from the development site.&nbsp;

[smartcode_project:default project_id=7054 project_image_fid=47627]

Upon completion, Spring Square is set to comprise&nbsp;five towers, with a mix of one, two and three-bedroom offered across the site.

A range of single and double-storey layouts will be constructed, as well as crossover arrangements, with the residences to benefit from&nbsp;Bankstown’s central location within Sydney, along with its elevation, making it one of the highest vantage points.&nbsp;

Residents will be able to take in expansive district, Sydney CBD and Olympic Park views, with each of the towers designed to maximise these outlooks.&nbsp;

[smartcode_project_cta:default project_id=7054]

As the most significant commercial hub of South West Sydney, Bankstown is also well connected with public transport and roads like the M5 and Hume Highway, providing links to the north, south, east and west with ease. 

How Spring Square by Poly taps in to its burgeoning location

KWG are rolling into the new year offering buyers end of year incentives in their Castle Hill development, Castle Island.&nbsp;

The one-off end-of-year offers will see the group contribute to the first year of a buyer’s mortgage, giving up to three per cent of the contract price as a settlement adjustment.&nbsp;

Buyers will only need a $10,000 deposit, with an additional five per cent installed by the end of 2022, with a balance of another 10 per cent deposit needed by the end of March next year.&nbsp;

[smartcode_project:default project_id=112005 project_image_fid=191253]

The $300 million project will comprise 295 apartments across seven buildings upon completion, near the new Hills Showgrounds town centre.&nbsp;

Within a few paces of Castle Island, the $1 billion destination town centre will be linked into the world-class Sydney Metro station, along with the variety of cultural offerings within the Showground.

Led by the NSW government and anchored by a new civic plaza heart, the lively and walkable public realm will be active day, night, weekdays and weekends, with an abundance of green spaces incorporated as well, from a new park, to a green playground, all within a frisbee throw of the residences.&nbsp;

[smartcode_project:default project_id=112005 project_image_fid=191251]

Green at the heart, the nature-driven development stitches together architecture and landscapes to capture the natural spirit of the suburb, with local architectural firm Giles Tribe, collaborating with Hong Kong architects, ARVA and DLN in the design.

Fronted by three directors, Giles Tribe have been at the heart of some of Sydney’s largest and most successful master planned communities, including Breakfast Point, with Director Danny Yeung tipping Castle Hill Showground to become one of Sydney’s most vibrant and well connected neighbourhoods.&nbsp;

[smartcode_project:default project_id=112005 project_image_fid=191250]

Delivering a mix of one, two and three-bedroom apartments, Castle Island is expected to attract interest from a range of buyers, including owner-occupiers, investors and downsizers, with floorplans spanning from 50 sqm to 135 sqm.&nbsp;

Featuring full-height glazed facades, each of the residences connect to extensive views of landscaped open space, immersing residents in the surrounding nature.&nbsp;

[smartcode_project_cta:default project_id=112005]

The one-off end-of-year offers will see the group contribute to the first year of a buyer’s mortgage, giving up to three per cent of the contract price as a settlement adjustment

KWG to contribute to first year of mortgage at Castle Island, Castle Hill apartment development

ALAND has welcomed the first crop of residents in two of their Western Sydney projects; Lotus and Breynia in Schofields and The Hoxton in Liverpool.&nbsp;

Delivering 677 homes to market at a time when New South Wales is facing one of the most dire supply shortages in decades, a majority of the stock has been taken up by first home buyers, looking to get their foot in the property market door.&nbsp;

According to the 2022 Apartment Supply Pipeline Report just delivered by the Urban Development Institute of Australia (UDIA) NSW, the state’s current apartment deficit of 48,000 units is expected to get worse before apartment completions would eventually reach demand.&nbsp;

The report shows that New South Wales would need to produce 25,000 new apartments each year for the next 13 years to balance the scales.

&nbsp;

[smartcode_project:default project_id=29042 project_image_fid=165521]

ALAND founder and director Andrew Hrsto said despite the sobering outlook and the rising interest rate environment, the grroup has forged ahead this year to settle 374 apartments in stages five and six of its staged Schofield Gardens project along with 303 apartments at The Hoxton, a 32-storey apartment project in Liverpool.

“We have been able to find the formula for creating quality homes at affordable prices in locations that are future growth centres,” Hrsto said.&nbsp;

“We’ve been very encouraged that the apartments are settling – the valuations have held up, and our buyers are able to lock in the finance and that’s exceptional news,” Andrew Hrsto says.”

ALAND will have over 1300 apartments under construction in 2023, with 652 apartment units expected to be completed in the second half of the year, as well as progressing the planning of a further 5500 homes.

Currently under construction is ALAND’s Carson on the Park in St Marys that will bring 289 apartments priced from $475,000, Paramount in Parkes in Parramatta will deliver 331 apartments with prices beginning from $655,000.

[smartcode_project:default project_id=9187 project_image_fid=181002]

In Merrylands, The Gladstone Village offers 363 apartments starting at $482,000, while Archibald in Gosford offers 363 apartments starting at $475,000.

“We are dedicated to making a positive contribution to the future of Western Sydney and both Schofield Gardens and The Hoxton, Liverpool are a reflection of that promise. Our commitment is to deliver quality homes that represent true value for money for all buyers,” he added.

Both the Schofields Gardens stages and The Hoxton Liverpool are sold out with more than half of the apartments bought by first-home buyers. At Schofield Gardens, where sale prices were between $430,000 for a one-bedroom and $800,000 for a three bedroom, approximately 56 per cent of the apartments were purchased by first-timers. The Hoxton Liverpool, where prices ranged between $432,000 and $709,000, approximately 55 per cent of apartments were sold to first-home buyers.

[smartcode_project:default project_id=9198 project_image_fid=164866]

“At ALAND, we see an opportunity to help even up that disconnect between supply and demand while delivering quality homes and investment opportunities in Western Sydney, specifically in areas supported by great infrastructure.”

“Liverpool and Schofields are two vibrant communities offering residents a wealth of amenities including lifestyle facilities, great transport connections and employment hubs. We’re delighted to have created these landmark properties which will provide high quality accommodation for hundreds of people for decades to come.”

NSW Treasury data has revealed Liverpool and Schofields were the top two in-demand suburbs for first home buyers over the last financial year. Both developments fell within the price thresholds for a variety of government assistance schemes, therefore allowing hundreds of buyers to get onto the property ladder sooner.

In the year to July 31, the NSW Government assisted first-home buyers with almost $566 million in grants, duty exemptions and concessions.&nbsp;

From January 16, eligible first-home buyers purchasing a home under $1.5 million can also avoid a hefty up-front stamp duty fee by opting into an on-going property tax instead.

[smartcode_project:default project_id=7642 project_image_fid=197136]

ALAND CEO George Tadrosse said by supplying the market with a variety of quality affordable housing stock, both first-home buyers and investors are able to tap into the power of real estate as a source of wealth creation.

“Investors have been turning to these projects in Schofields and Liverpool in the knowledge that there is a genuine need for more rental stock in Sydney. With low vacancy rates and an influx of post-pandemic immigration on the cards, investors are filling an incredible need for accommodation,” Tadrosse said.

In stages five and six of Schofield Gardens approximately 26 per cent of the apartments went to investors while at The Hoxton Liverpool investors accounted for 34 per cent of the sales.

“Our goal moving forward is to continue to help Sydney meet this growing demand by releasing more stock into the marketplace. There are ongoing challenges including the impacts of a complicated planning environment, but we remain hopeful that we’ll be able to continue to progress the additional 5500 homes we have in the earliest stages of delivery next year,” George Tadrosse added.

In stages five and six of Schofield Gardens approximately 26 per cent of the apartments went to investors while at The Hoxton Liverpool investors accounted for 34 per cent of the sales.

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