Rockdale has long been characterized as a suburb on the cusp. Well-located, well-connected, but historically underserved by modern apartment offerings.

It has everything going for it: outstanding connectivity to the Sydney CBD, just four train stops to Central Station, strong local amenity anchored by Roc​kdale Plaza and a growing main-street dining scene, and enviable proximity to Brighton-Le-Sands. The six-kilometre beachfront is lined with bayside restaurants, cafés, and walking paths, giving residents a lifestyle typically associated with much more expensive coastal suburbs.

What Rock​dale has lacked is high-quality contemporary apartments. Most existing developments date back several decades, with floorplans that no longer support modern living needs, and buildings constructed long before today’s standards in engineering, efficiency, and sustainability.

Lender, fund manager and apartment developer Princeton identified the gap early. Seeing all the right ingredients in Rockd​ale, transport, lifestyle, retail, and affordability, they set out to deliver what the suburb was missing. Their answer is <a href="https://www.apartments.com.au/new-apartments/marque-rockdale-602-608-princes-highway-rockdale-nsw-2216">Marque Rockdale</a>, a collection of 58 one-, two-, and three-bedroom apartments now nearing completion just a short walk from Ro​ckdale Plaza, home to over 50 specialist retailers and anchored by&nbsp;Woolworths, Big W and Aldi.

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Understanding they would be resetting the benchmark for the area, Princeton focused on ensuring buyers received best-in-class quality, longevity, and protection.

A major step was securing the sought-after Latent Defects Insurance policy from Resilience Insurance. This policy protects apartment buyers from structural or waterproofing defects for the first 10 years of the building’s lifecycle. Crucially, it is first-response insurance, meaning that if an issue arises, the insurer pays immediately for remediation—rather than waiting for lengthy investigations to determine fault before work can begin. For purchasers, it offers an unprecedented layer of security rarely seen in Sydney apartment projects.

During construction, independent building inspection firm SDSS has been providing Technical Inspection Services, bringing highly specialised construction experts on-site at key stages to ensure workmanship meets the highest standards. The project is being built by Coplex, an iCIRT-rated construction company, and throughout the build SDSS has frequently referred to <a href="https://www.apartments.com.au/new-apartments/marque-rockdale-602-608-princes-highway-rockdale-nsw-2216">Marque Rockdale</a> as one of the best projects currently on their books.

Princeton also doubled down on comfort, acoustics, and livability.&nbsp;As well as being the only building along Princes Highway with a landscaped buffer between the building and the road, Princeton has purposefully included double-glazed windows in all apartments to reduce noise.

Apartments feature double-glazed, noise-reducing windows and ducted air conditioning in every residence.&nbsp;In addition to the project’s transport convenience, Princeton has partnered with GoGet Car Share to provide a dedicated GoGet vehicle housed permanently within the building. Residents will receive a free annual GoGet membership, paying only usage fees, offering a flexible alternative to owning a second car and enhancing the project’s sustainability credentials.

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Residents will enjoy an exclusive rooftop oasis, purpose-designed as an extension of their living space. The communal rooftop includes BBQ facilities and outdoor entertaining areas, a&nbsp;pergola-shaded dining zone, a dedicated children’s play space, and a landscaped herb garden.

Princeton and Coplex is approaching completion of <a href="https://www.apartments.com.au/new-apartments/marque-rockdale-602-608-princes-highway-rockdale-nsw-2216">Marque Rockdale</a>, and are expecting residents to move in early in the new year. The mix of apartment configurations and price points have been a hit with young professionals, those who need to commute to the CBD, and families who appreciate doorstep amenity.

“Marque is a place where residents will be proud to call it home," Princeton Head of Development George Young says.

"We’ve worked really hard with Coplex and our design team to deliver an incredible building for the future home owners to make their own. The homes are all designed to allow the residents to make it their own, a place to belong and live a stylish urban life."

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Joel Robinson

Marque Rockdale sets a new standard of apartment living in Sydney's south

Plans to revitalize the&nbsp;long-established Benowa Gardens Shopping Centre into a mixed-use community combining living, shopping, dining, health and wellbeing facilities, have been proposed to the Gold Coast City Council.

The Benowa Gardens Urban Village proposal by Benowa Gardens Holdings seeks to transform the 17,660 sqm site at <a href="https://www.apartments.com.au/new-apartments/203-ashmore-road-benowa-qld-4217">203 Ashmore Road</a> into a contemporary, sustainable destination that reflects global trends in modern community design while retaining the familiar local character residents value.

The site is bordered by Ashmore and Benowa Roads and Carrara, with ready access to Pindara private hospital, four schools, TAFE, sports fields and the nearby Botanic Gardens.

Benowa Gardens Holdings is seeking a preliminary Council approval only for its proposed masterplan and variations to the site’s Neighbourhood Centre zoning.&nbsp; 
Formal Public Exhibition commenced Friday and also marks the start of comprehensive community consultation with surroundings residents, schools, P&amp;Cs, existing retailers, nearby sporting clubs, arts groups and Botanic Gardens volunteers.

Designed by Neylan Architecture, the masterplan envisions around 413 new apartments, complemented by upgraded retail, dining, and wellness amenities as part of 10,000 sqm of retail, and 9,630 sqm of office space/medical suites.

The development will feature green open spaces, shaded promenades, landscaped terraces, pedestrian walkways, and expanded healthcare and lifestyle services in synergy with the neighbouring Pindara Private Hospital and local schools.

<img alt="Benowa" data-entity-type="file" data-entity-uuid="244f4d54-2e67-4141-92b8-78d5735f47c2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-11-26%20at%2012.47.34%E2%80%AFPM.png?VersionId=FmF5lzhpwVZc7POsdB770TJ_Bf2c0od8" />

“This concept embraces the way people increasingly want to live - safely, conveniently, and within strong local communities,” said Patrick Lu, Director of Benowa Gardens Holding.

“Benowa Gardens will set a new benchmark for integrated living on the Gold Coast. It’s a thoughtful, community-minded evolution that brings global best practice in urban design to one of the city’s most established areas.”

Lu said this isn’t just a redevelopment, it’s a renewal with purpose.

“Benowa Gardens has served the community for decades. Our goal is to ensure it continues to do so for generations to come, as a lively, connected Urban Village where people can truly live, work and thrive. We’re already talking to school leaders and the community to seek their feedback on our proposal, and have taken on board their ideas to improve student safety with additional “traffic calming” measures on Carrara Street. We’re conducting meaningful and sincere consultations and want to play our role in preserving and enhancing the local community."

The proposed redevelopment aims to deliver tangible benefits across the Benowa and wider Gold Coast community, including:

<ul>
	<li>Improvement of retail amenity, to capture the under-served local market demand and keep the local business at their local shopping centre.</li>
	<li>Housing diversity; offering a range of apartment types for key workers, downsizers, and local families who wish to remain in the area.</li>
	<li>Enhanced shopping and dining; revitalised retail spaces designed to support local businesses and attract more visitors.</li>
	<li>Health and wellbeing access; additional medical and wellness amenities to complement existing local facilities.</li>
	<li>Improved traffic flow and access; two new access points, upgraded intersections, upgrade pedestrian pathway’s signal and proposed upgrade of pedestrian and cycle connections/space to improve safety and convenience, especially for school children.</li>
	<li>Environmental sustainability; energy-efficient design, green rooftops, and water-sensitive landscaping to reduce emissions and enhance comfort.</li>
	<li>Local jobs and investment; supporting hundreds of construction and long-term roles while stimulating local economic growth.</li>
</ul>

The group behind the project boasts extensive experience in the property development industry, both in Australia and international markets. Over the past 23 years, the group has been involved in the development and management of a diverse portfolio of assets including residential dwellings, shopping centres, bulky-goods stores, community and medical facilities, childcare centres, offices, hotels, and taverns, across Brisbane, Ipswich, and the Gold Coast.

Benowa Gardens to become new mixed-use urban village

Demand for townhouses in Melbourne’s inner west has surged as buyers seek the elusive combination of space, affordability, and location.&nbsp;

With family-first apartments increasingly rare and standalone homes often out of reach, townhouses have emerged as the new sweet spot, delivering generous living areas with lower maintenance needs within close proximity to the Melbourne CBD.&nbsp;

<a href="https://www.apartments.com.au/new-townhouses/kings-lane-south-kingsville-50-58-new-street-south-kingsville-vic-3015">Kings Lane</a>, the new under-construction townhouse development by the family-owned developer&nbsp;<a href="https://www.apartments.com.au/developers/blue-run">Blue Run</a>&nbsp;in South Kingsville, responds directly to this trend. Comprising just 25 residences designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, the project offers a compelling alternative to both apartment downsizers and family upsizers. With three-bedroom homes priced under $1 million, it presents one of the area’s rare attainable pathways to townhouse living less than eight kilometres from the CBD.

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<a href="https://www.apartments.com.au/developments/south-kingsville-vic-3015">South Kingsville</a> itself is quietly becoming one of Melbourne’s most dynamic pockets of urban renewal. Flanked by the established appeal of Yarraville, Newport and Williamstown, the suburb balances quiet, village-like streetscapes with major infrastructure upgrades and a growing slate of retail, dining and lifestyle amenity.&nbsp;

Kings Lane occupies a well-connected site at 50–58 New Street, just off Blackshaws Road and within walking distance of the emerging Union Quarter precinct, a major retail destination anchored by Woolworths, specialty food outlets and wellness services.

A 400-metre stroll brings residents to the Vernon Street shops, a local favourite known for its mix of independent grocers, cafes and family-run eateries. For broader shopping options, Altona Gate Shopping Centre and Yarraville Square are both within a short drive. Spotswood IGA and the Williamstown retail strip further broaden the convenience of daily essentials.

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Dining options in the area lean toward eclectic and community-driven, with standouts like Rocco’s Deli, Dad and Dave’s, and Pizza d’ASPORTO offering a range of casual and elevated menus. Cafés such as Hudson Road Wine &amp; Beer and Blacksheep Coffee add to the lively yet local feel of the neighbourhood.

Green space is another hallmark of life at Kings Lane. Edwards Reserve is close enough for morning walks or casual sport, while larger parks like Newport Lakes, Yarraville Gardens, and Cruickshank Park are all a few minutes’ drive away. More than half of the nine-hectares of new green space or parkland being created as part of the West Gate tunnel works is located just at the end of New Street, the same street as Kings Lane.

&nbsp;

For those with school-age children, South Kingsville is home to a range of quality childcare centres and schools, including Kingsville Primary, Spotswood Primary, and Williamstown North Primary. Community Children’s childcare and South Kingsville Preschool are nearby, making the suburb particularly attractive to young families.

Transport links continue to improve, with Spotswood Station and the West Gate Freeway both within a five-minute radius. Future upgrades, including the proposed sky rail for Newport and Spotswood, and the delivery of the West Gate Tunnel project, promise even better access to the CBD and Melbourne Airport in the years to come.

Kings Lane's 25 all-electric townhouses are currently under construction, and will complete in late 2026.

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Staff Writer

Kings Lane townhouses offers rare value in Melbourne's thriving inner west

Developer-builder <a href="https://www.apartments.com.au/developers/billbergia">Billbergia</a> has set a new apartment price record for <a href="https://www.apartments.com.au/developments/rhodes-nsw-2138">Rhodes</a>, a suburb the company has been instrumental in transforming over the past two decades.

The milestone follows the delivery of thousands of apartments across the harbourside peninsula, culminating in the $4.5 million sale of a 220 sqm penthouse in the <a href="https://www.apartments.com.au/buildings/rhodes-central-oasis-39-marquet-street-rhodes-nsw-2138">Rhodes Central Oasis</a> building, which Billbergia completed earlier this year. It is the first apartment in Rhodes to surpass not only the $4 million mark for settled sales, but also the $3 million mark, eclipsing the previous $2.75 million record set in 2021.

The purchaser had originally secured several apartments in the 40-storey tower off the plan as investments. During settlement, she spent more time in the Rhodes area and was so impressed with the building that she decided to downsize from her Northbridge home into the four-bedroom plus MPR penthouse.

The sale underscores the long-term work Billbergia has undertaken in Rhodes since the early 2000s. The company, rated 4.5 Gold Stars under the NSW iCIRT system, identifying it as one of the state’s most trustworthy and financially secure developers, was a pioneer of the area’s urban renewal. What was once a heavily industrial waterfront has become one of Sydney’s most successful examples of transit-oriented development.

<img alt="Billbergia" data-entity-type="file" data-entity-uuid="56093d7f-db18-42f4-bf9b-115bdf76f5f3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-11-26%20at%2011.10.06%E2%80%AFAM.png?VersionId=pca77Mr.H83nwXbJexmaLUAqBewtQ7d9" />

Billbergia is now driving the peninsula’s next major evolution: the most ambitious project in its nearly four-decade history. They are planning the Rhodes Bay Masterplan, an eight-tower, mixed-use precinct on Leeds Street. Currently with the NSW Government’s Housing Delivery Authority which is now championing large-scale projects across the state, the Rhodes Bay Masterplan lays the groundwork for a generational reshaping of this important pocket of Sydney’s Inner West.

The masterplan spans more than 31,000 sqm of amalgamated industrial land along the foreshore, land that has been privately held and inaccessible to the community for more than a century. According to Billbergia’s Development Director, Saul Moran, reclaiming this land for public use is central to the company’s vision. 
 
“What’s so exciting is that we have over 300 metres of privately-held industrialised waterfront, land that’s been locked away for more than 100 years, which we’re bringing back to the community,” he says. “It’s taken many years to assemble sites like these, and the goal now is to transform them into meaningful public space where new homes can be built in an integrated, amenity-rich setting.”

At full completion, the Rhodes Bay Masterplan is expected to deliver over 2000 apartments, with the first 1000 to be completed by 2029. Billbergia’s design focused on nine slender towers, so they could give back more to the ground plane. There will be more than 16,000sq m of new parkland and recreation space, including sports fields, a foreshore play area and waterfront green links. Around 14,600 sqm of retail is also proposed, extending the precinct’s role as a true mixed-use hub.

<img alt="Rhodes Bay" data-entity-type="file" data-entity-uuid="240ffc41-4f26-421a-9606-5c56f6fc2d93" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-11-26%20at%2011.05.48%E2%80%AFAM.png?VersionId=BkBxZr7S8CAt1vgNa8AF3zjdc3YuVh0L" />

“Density only works when it’s paired with amenity, transport and open space, and that’s what’s made Rhodes such an amazing success story,” Moran says, adding that the demographic shift Billbergia has seen over the last two decades has informed their future development pipeline in the suburb.

“Rhodes has moved from being largely an investor market to a strong owner-occupier community,” Moran says. “There’s real demand for three-bedroom homes, flexible intergenerational layouts, and apartments people can grow into.”

&nbsp;“We’re designing taller, more slender towers to free up the ground level for sport, recreation and green space. High-density communities thrive when people have the best backyards in Australia, and that’s what we want to create here.”

Demand remains robust, evidenced by Billbergia’s recent results. “We achieved a record sale across the entirety of Rhodes Central just last week,” Moran says. “It shows the depth of confidence buyers have in what’s being built here.”

Billbergia’s vertically integrated model allows them to overcome the recent cost escalation and challenges in the build environment. “Having an in-house construction team lets us control feasibility, value management and quality from day one,” Moran says. “It’s critical in the current market, where construction escalation is at the forefront of every project’s viability.”

The company is also leveraging the NSW Government’s new Housing Delivery Authority process, which Moran describes as a more efficient pathway without compromising design standards. 
 
“We’re really applauding the NSW Government for its efforts to increase housing supply. There’s been a remarkable improvement in how they’re helping deliver more homes, more quickly.”

Billbergia has already commenced construction of Stage One of the Rhodes Bay masterplan. They will be lodging the State Significant Development Application before Christmas.

“We’re moving quickly, but with due care,” Moran says. “This is a generational precinct, and it needs to be done right.”

Billbergia smashes suburb record as Rhodes transformation continues

The sheer scale of the two skyscrapers at <a href="https://www.apartments.com.au/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach-qld-4218">Victoria &amp; Albert</a>, soaring 40 and 64 storeys above the heart of Broadbeach, was always destined to deliver some of the highest and most luxurious apartments ever built in the suburb.

Now, builder-developer <a href="https://www.apartments.com.au/developers/iris-capital">Iris Capital</a> has unveiled the Horizon Collection, a selection of residences with the largest floorplans and most commanding views in the towers. The three-bedroom apartments, starting from $4.64 million, include butler’s pantries, multi-purpose rooms, and, in some layouts, master retreats with private sitting areas.

[smartcode_project:default project_id=107928 project_image_fid=3944]

The most prestigious apartments in the Horizon Collection are the sub-penthouses and penthouses. The two sub-penthouses on the 38th level of the Albert Tower are priced at $8.85 million.

Each features three bedrooms, a study, and a flexible multi-purpose room with a sliding partition that allows half the space to function as a games room.

The open-plan kitchen, living, and dining area, complete with a butler’s kitchen and private wine cellar, flows onto a full-width balcony framing panoramic coastal views.

[smartcode_project:default project_id=107928 project_image_fid=3943]

There is now just one sub-penthouse for sale on the 62nd level of the Victoria Tower, with one already secured by an expat owner-occupier. The remaining sub-penthouse, priced at $8.95 million, offers four bedrooms and a wraparound balcony that captures panoramic views up and down the Coast. vistas from every angle.

Crowning each tower is a full-floor penthouse offering multiple expansive indoor and outdoor living and entertaining spaces. Atop the Victoria building is Oceania, which measures over 735 sqm of living space, and Kurrara atop the Albert Tower, which is almost 800 sqm. They each have four bedrooms, including a master and guest suites, a full 360-degree panorama of the Gold Coast, and all the bells and whistles expected of a luxury penthouse. They are priced from a little over $18 million.

“Every detail, every finish has been thoughtfully considered to imbue the penthouses with the ultimate sense of luxury,” says Susan Rossi, Director of Interior Design at <a href="https://www.apartments.com.au/architects/dbi">DBI</a>, who led both the architecture and interiors for V&amp;A. “We shaped these skyhomes to embody the spirit of Gold Coast luxury.”

[smartcode_project:default project_id=107928 project_image_fid=234091]

Victoria &amp; Albert, colloquially known as V&amp;A, is the flagship Gold Coast development by the Sydney-based Iris Capital. Led by developer and hotelier Sam Arnaout, Iris Capital acquired the landmark Niecon Plaza site in 2021. At the time, Arnaout described the company’s expansion into Queensland as a strategic move to capitalise on one of Australia’s strongest growth markets.

“We were initially looking to expand into Victoria, but the massive migration to the regions that followed the pandemic created a new dynamic across the Australian market,” Arnaout said.

“From a strategic point of view, Queensland — and the Gold Coast in particular — is the perfect fit for our business. The fundamentals here are strong: genuine employment growth, high net migration, and an undersupply of apartments driven by strong demand. The Gold Coast has matured into a thriving, progressive regional city with a fantastic future.”

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Across its two towers, V&amp;A will deliver 425 luxury apartments, supported by a suite of resort-style resident amenities. These include a subtropical podium featuring a 25-metre lap pool, gym, yoga deck, residents’ lounge, kids’ play area, zen garden, and barbecue terraces with outdoor dining spaces.

<a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a> Queensland Director David Higgins, who has managed sales at V&amp;A since its 2021 launch, says the project has set a new benchmark for Broadbeach’s luxury apartment market. Colliers Queensland Director David Higgins, who has managed sales at V&amp;A since its 2021 launch, says the project has set a new benchmark for Broadbeach’s luxury apartment market.

“The premium market has definitely spoken, with V&amp;A having now reached over half a billion dollars in presales since our launch,” Higgins says, adding that over 65 per cent of V&amp;A is now sold.

“Our buyers continue to validate the success of the Victoria &amp; Albert development vision and the luxury amenity that comes along with their apartment purchase. Of course, Broadbeach’s most walkable location, just 100m from the Broadbeach surfing beach, makes this luxury apartment a compelling addition to your real estate portfolio.”

Last year, Iris Capital brought construction in-house through its new arm, Iris Built. Completion of the 40-level Albert Tower is scheduled for late 2027, with the 64-level Victoria Tower, the taller of the two, expected to follow in mid-2028.

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Victoria & Albert’s Horizon Collection takes Broadbeach living to new heights

Sydney off the plan apartments

New apartment developer&nbsp;<a href="https://www.apartments.com.au/developers/casa">CASA</a> has appointed <a href="https://www.apartments.com.au/builders/decode">Decode Group</a>&nbsp;to build The McLaren, their newly launched North Sydney project.

Decode’s appointment marks CASA’s second builder engagement this year, reflecting what the company says is “the momentum of our business and the dedication of the incredible team working to bring The McLaren vision to life.”

[smartcode_project:default project_id=141323 project_image_fid=3191]

The appointment follows demolition works on site and strengthens a delivery team that also includes architects Bates Smart and landscape designers 360 Degrees.

<a href="https://www.apartments.com.au/new-apartments/the-mclaren-north-sydney-45-mclaren-street-north-sydney-nsw-2060">The McLaren</a> will rise 14 storeys in a stepped form, cascading towards a sculpted rooftop garden with panoramic views of Sydney Harbour and the CBD. It will have 71 apartments.

<a href="https://www.apartments.com.au/architects/bates-smart">Bates Smart</a>’s design draws on the site’s heritage context, with the podium referencing North Sydney’s fine-grain character and adjacent conservation areas.

&nbsp;

[smartcode_project:default project_id=141323 project_image_fid=3194]

Offering a mix of one- to four-bedroom apartments, more than half of the residences are three-bedroom layouts aimed at downsizers. Interiors feature Gaggenau appliances, natural stone benchtops, and palettes inspired by the local landscape.&nbsp;

A rare selection of terrace homes has also been designed to echo the scale and materiality of nearby Victorian dwellings.

Residents will have access to a suite of amenities, including a rooftop garden, private dining room with wine cellar, and lounge spaces. A new through-site pedestrian link and ground-floor retail will further integrate the project into its local setting.

&nbsp;

[smartcode_project:default project_id=141323 project_image_fid=3196]

Positioned moments from the new Victoria Cross Metro Station, The McLaren offers one-stop connections to the Sydney CBD while retaining the character of a Lower North Shore village lifestyle.&nbsp;

Nearby amenities include North Sydney Oval, Wendy Whiteley’s Secret Garden, Greenwood Plaza, and elite schools such as Wenona and Loreto.

Construction on The McLaren is set to commence shortly, with Colliers managing the sales process.

CASA was established in 2010 as a private real estate fund backed by global institutional investor GFM, and has recently expanded its residential pipeline nationally with projects in Sydney and Melbourne.

[smartcode_project_cta:default project_id=141323]

Construction on The McLaren is set to commence shortly, with Colliers managing the sales process

CASA appoints Decode to build The McLaren in North Sydney

Builder-developer ALAND has drawn back the curtain on its first city-focused new apartment development.

The North Sydney development, <a href="https://www.apartments.com.au/new-apartments/the-walden-north-sydney-173-179-walker-street-north-sydney-nsw-2060">The Walden</a>, is the first time the company has ventured this close to the city, having previously completed thousands of apartments predominantly in Sydney's west, and more recently in Gosford.

<a href="https://www.apartments.com.au/developers/aland">ALAND</a> acquired the prime North Sydney site, spanning Walker and Hampden Streets just down the road from the Victoria Cross Metro station, for $240 million in June.

Now they've unveiled the new project, a mix of one-, two-, three- and four-bedroom apartments across a 30-level building designed by Rothelowman.

[smartcode_project:default project_id=134323 project_image_fid=6384]

The Walden will capitalise on the site’s front-row position on the eastern fringe of the <a href="https://www.apartments.com.au/developments/north-sydney-nsw-2060">North Sydney</a> CBD, which offers uninterrupted Sydney Harbour views stretching from the Sydney Harbour Bridge all the way to Sydney Heads.

The main tower will be flanked by a small four-level amenity building known as The Pavilion, offering exclusive resident-only amenities including a dedicated concierge service, a sauna and private wellness studio, a gymnasium and fitness studio, a resort-style rooftop pool and sundeck.

There will also be a&nbsp;residents’ lounge, private dining and a wine cellar, and co-working facilities with an on-site meeting room and boardroom.

&nbsp;

&nbsp;

[smartcode_project:default project_id=134323 project_image_fid=6382]

ALAND Founder Andrew Hrsto said the company knew they could create something "iconic" with The Walden when they saw the site.

&nbsp;

“As a company, we had been searching for a site in one of Sydney’s blue-chip locations, spanning the Eastern Suburbs, the Sydney CBD and the North Shore, and when we had the opportunity to purchase this site, we immediately recognised that it could be something iconic – being the last development with a view offering this exceptional.

“We identified the attributes and quality of the site as being perfectly aligned for ALAND – and we feel that this off-market acquisition is a perfect opportunity to showcase our craftmanship and expertise through a truly unique offering."

[smartcode_project:default project_id=134323 project_image_fid=6399]

Hrsto pointed to ALAND’s longstanding development expertise as a significant benefit in delivering a positive outcome for The Walden.

“Being a fully integrated development and construction business with a highly experienced team, we have the benefit of in-house experts across the development spectrum, from acquisitions, design, planning, and construction, to sales, marketing, property management, through to building management.

“As one of Australia’s largest private development and construction groups, we’ve been in operation for 23 years, with a Gold Star iCIRT rating and a 100 per cent delivery success rate across numerous masterplanned and mixed-use projects – and we’re very much looking forward to bringing this expertise to The Walden and contributing to the ongoing revitalisation of North Sydney."

The Walden is the latest development in Sydney to have the 10-year Latent Defects Insurance policy by Resilience Insurance, protecting buyers from any structural or waterproofing-related issues for 10 years post-completion.&nbsp;

Demolition of existing structures on The Walden site has already commenced through specialist civil contractor Moits, with the aim of completing preparatory ground works by the end of 2025, ahead of construction commencement in early 2026.

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ALAND unveils The Walden, North Sydney's latest luxury apartment development

Sydney House, the residential redevelopment of the landmark City Tattersall building on Pitt Street in the Sydney CBD, will officially launch to the market this month.

The $800 million development, a joint venture between&nbsp;Singapore-listed <a href="https://www.apartments.com.au/developers/first-sponsor">First Sponsor</a>&nbsp;and leading Melbourne-based developer&nbsp;<a href="https://www.apartments.com.au/developers/icd-property">ICD Property</a>, will see a glass tower with 241 apartments and a 135-room hotel built above the restored heritage-listed podium.

[smartcode_project:default project_id=12428 project_image_fid=312145]

The apartments will offer&nbsp;rare northeast-facing views across the sparkling Sydney Harbour and Hyde Park, all positioned above a luxury hotel with exclusive access to premium amenities and five-star lifestyle services.

Internationally acclaimed architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/bvn-architecture">BVN Architecture</a>&nbsp;handled the design for the residential component and the interiors for the hotel, while&nbsp;<a href="https://www.apartments.com.au/architects/fjc-studio">FJC Studio</a>&nbsp;focused on the heritage podium.

[smartcode_project:default project_id=12428 project_image_fid=6670]

First Sponsor’s CEO, Neo Teck Pheng, together with ICD Property’s CEO, Matthew Khoo commented that the joint venture team was ecstatic to bring this extraordinary project to market as the first opportunity for those looking to secure their ultimate CBD luxury residence elevated by premium hotel amenities, including select premium services designed for effortless living.

“<a href="https://www.apartments.com.au/new-apartments/sydney-house-194-204-pitt-street-sydney-nsw-2000">Sydney House</a> will offer a sophisticated expression of modern CBD living, capturing panoramic vistas to Sydney’s most beloved icons, including the Sydney Harbour Bridge as well as Hyde Park out to the North and South Heads,” Khoo said.&nbsp;

&nbsp;

[smartcode_project:default project_id=12428 project_image_fid=312146]

Mr Neo expressed that the reinterpretation of the heritage podium levels will feature an elegant heritage bar and restaurant, along with luxurious hotel and function facilities, enhancing the experience for residents. The historical features will be reborn, ensuring that these grand, opulent spaces will once again be enjoyed, appreciated and celebrated by residents, Sydneysiders as well as interstate and international visitors alike.

Managing sales for the project, SRM Residential Partner Tim Rees said that the team has received an overwhelming response to date, largely from local downsizers and upgraders looking for the ultimate lifestyle purchase.&nbsp;

“Once completed in late 2027, Sydney House will be Sydney CBD’s newest icon blending modern architecture with historic grandeur located in one of the most prestigious enclaves of the CBD,” Rees said.&nbsp;

“Pitt Street is arguably the most significant street in all of Sydney. Just a stone’s throw from Circular Quay, Sydney Opera House, Hyde Park and Darling Harbour, Sydney House offers seamless connection with the CBD and beyond. Pitt Street Mall is literally across the road and there is an abundance of dining and cultural venues in close proximity. The outlook from Sydney House will be breathtaking with views of Hyde Park and Sydney’s famous iconic landmarks on offer.

“Following the trend of other global cities such as New York, London, Paris and Tokyo, luxury inner city apartment living with access to premium hotel amenities is the new ‘trophy home’ for wealthy downsizers or empty-nesters who aren’t looking to slow down, as they want to live in the heart of the action.”

[smartcode_project:default project_id=12428 project_image_fid=350624]

The project boasts a prime CBD location surrounded by the city’s most premium shopping centres including David Jones and Westfield Pitt Street as well as some of Sydney's best restaurants, bars,&nbsp;pubs, theatres, museums, art galleries, and parks.

Residents will be able to access the newly opened Sydney Metro Gadigal Station, located within a block from Sydney House. This station provides connectivity to Martin Place (one min), Barangaroo (three mins) and North Sydney (11 mins) as well as Chatswood and Macquarie University through to Castle Hill and Norwest. With services every four minutes during peak times, the Sydney Metro provides the ultimate convenience with 21 stations from Tallawong to Sydenham.

One of Sydney’s leading residential construction companies, particularly in premium off the plan luxury residences, Richard Crookes Constructions, will complete the project in late 2027.&nbsp;

Price guides at Sydney House include one-bedroom apartments from $1.5 million, two-bedroom apartments from $2.3 million and three-bedroom apartments from $5 million.

[smartcode_project_cta:default project_id=12428]

Set to bring next level luxury to Sydney CBD’s prestige property market

Buyers set for first chance at Sydney House, Sydney CBD's newest landmark tower development

Renowned developer-builder DASCO has unveiled its much-anticipated new development in the heart of Epping.

The architectural brief for Turner Studio was to “create a community where residents are completely immersed in a paradise for the senses.”

The result is <a href="https://www.apartments.com.au/new-apartments/senso-epping-242-244-beecroft-road-epping-nsw-2121">Senso</a>, a series of buildings that have been oriented around an unrepeatable 10,000 sqm-plus site to create a facility-laden, landscape-first precinct, something of which Epping and its surrounds have not seen before.

There are 479 apartments available in a variety of floorplans across the five buildings, a mix of one-, two-, and three-bedroom apartments in addition to a curated penthouse collection.

[smartcode_project:default project_id=134954 project_image_fid=4553]

The apartments have been designed to appeal to the owner-occupier market, with generous floorplans, premium materials, and optional upgrades including integrated refrigeration, bespoke joinery, and motorised blinds.

<a href="https://www.apartments.com.au/developers/dasco-australia">DASCO</a>, who builds its own developments, is once again bringing peace of mind to its clients by taking the 10-year Latent Defects Insurance policy offered by Resilience Insurance, which protects buyers against any structural or waterproofing issues for 10 years post completion of the building. This insurance can only be taken out by the builder or developer and not by individual apartment owners.

[smartcode_project:default project_id=134954 project_image_fid=4552]

DASCO is known for creating more than just apartments — they create places where people connect. Senso will have over 4,000 sqm of resort-inspired communal amenity in the form of two rooftop pools, a celestial outdoor cinema, wellness club, sensory walk, and an observation deck, in addition to multiple BBQ and outdoor communal areas on multiple levels, intended to deliver a complete lifestyle offering within the residential environment.

There will be over 800 sqm of retail space on street level, which will likely be run as hospitality venues.

[smartcode_project:default project_id=134954 project_image_fid=4396]

Located adjacent to the new Epping Town Centre masterplan, and just a five-minute walk from Epping Metro Station, Senso offers seamless access to Macquarie Park, Chatswood and the Sydney CBD. Families who are interested in the large two- and three-bedroom apartments are within proximity to several regarded educational institutions including Macquarie University, James Ruse Agricultural High, and Cheltenham Girls School.

The project also leverages Epping’s growing dining and retail precinct, proximity to Macquarie Centre, and access to natural assets including Terrys Creek walking trails and Boronia Park.

[smartcode_project:default project_id=134954 project_image_fid=4399]

With a 33-year track record and over 7,000 dwellings delivered, DASCO continues to develop and build; a business model that enables integrated delivery and peace of mind, especially when Senso is backed by Latent Defects Insurance (LDI), providing 10 years of protection for buyers at no additional cost.

The launch of Senso Epping reinforces DASCO’s active pipeline of Sydney-based developments at a time when the market is increasingly focused on owner-occupier appeal, delivery confidence, and long-term quality.

DASCO is partnering on Senso Epping with leading Australian alternative asset management firm Metrics, which has more than $30 billion in assets under management.

[smartcode_project_cta:default project_id=134954]

DASCO reveals Senso, Epping’s first resort-style apartment development

The development wave of new apartments in Macquarie Park is showing no signs of slowing down.

The latest to secure approval is Legacy Property and&nbsp;Billbergia, who has been given the green light to deliver two towers opposite Macquarie Shopping Centre.

The joint venture is planning 255 apartments across <a href="https://www.urban.com.au/new-apartments/15-21-cottonwood-crescent-macquarie-park-nsw-2113">two 21 and 19-level buildings on Cottonwood Crescent</a>. The apartments will sit above a four-level podium, ground-floor retail, and several levels of basement parking for 288 cars.

<img alt="MacPark Towers in Macquarie Park" data-entity-type="file" data-entity-uuid="1a134369-85a8-47e0-869b-fa3410a54238" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/472210635_18452924104069034_291702179613521155_n.jpg?VersionId=c6OwM5Uv7mdsf1CRpbJM7womne0yCyzL" />

More than 2,400 sqm of communal landscaping will be integrated through the scheme, designed by Place Design Group. The open space connects with neighbouring green corridors including Elouera Reserve and Shrimptons Creek.

The $182 million project, designed by&nbsp;<a href="https://www.apartments.com.au/architects/ajc-architects">AJC Architects</a>, will rise from a large 5,130 sqm site, currently occupied by&nbsp;four older low-rise apartment blocks.

The towers are designed as slender vertical forms with stepped elements to introduce variation to the skyline. At street level, the podium has been configured to create an activated frontage and generous resident lobbies.

Apartment layouts emphasise two and three-bedroom residences, aligning with demand from owner-occupiers in the Macquarie Park corridor.

<img alt="MacPark Towers in Macquarie Park" data-entity-type="file" data-entity-uuid="e85d688b-e1bc-460d-b48d-16f64b75fe5c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/472784686_18452924272069034_5124073470418493437_n.jpg?VersionId=oU8QOtU4kf87t2MLbIwtQWU5biUc3C4V" />

Macquarie Park is going through a wave of new development to keep up with the growing demand for new housing on Sydney's expanded metro line.

TOGA is currently building <a href="https://www.apartments.com.au/new-apartments/macquarie-rise-122-herring-road-macquarie-park-nsw-2113">Macquarie Rise</a>, its fourth project in the suburb well known for its reputable university. They have around 268 apartments across their buildings, that will be anchored by&nbsp;1,200 sqm of retail space, opening onto landscaped communal areas.

Urban Property Group is developing La Vera, while Meriton and Landmark Group continue with their large-scale projects.

Billbergia and Legacy Property secure approval for Macquarie Park towers

Northland Group’s Central Quarter apartment development, located in the heart of Merrylands, ticks every box that buyers consider when purchasing a brand-new apartment.

CQ, currently under construction on Pitt Street, will comprise 194 one-, two-, and three-bedroom apartments in the heart of the growing suburb.

<h2>Guaranteed Delivery</h2>

First and foremost is the guarantee of delivery. <a href="https://www.apartments.com.au/developers/northland">Northland</a> has only just launched the development, despite being close to topping out the main structure. They progressed well into construction before bringing the project to market, giving buyers confidence that the development is genuinely moving ahead.

[smartcode_project:default project_id=5660 project_image_fid=1674]

<h2>Quality Assurance</h2>

The second — and perhaps most important — consideration for new apartment buyers is not just whether the project will be completed, but whether it will be finished to a high standard. Northland Group is the only developer in Merrylands to take out Resilience Insurance’s Latent Defects Insurance, offering buyers protection from any structural or waterproofing issues for 10 years after completion. Northland also has a vastly experienced construction team, having been building across Sydney for the best part of three decades.&nbsp;

<h2>Prime Location</h2>

The third pillar, which is paramount, is location — and how well the apartment fits into a buyer’s lifestyle. It must be well-connected to both transport and local amenities. <a href="https://www.urban.com.au/new-apartments/central-quarter-merrylands-242-252-pitt-street-merrylands-nsw-2160">Central Quarter</a> occupies a prime site on Pitt Street, right next to the Merrylands Bus Interchange and Merrylands Train Station. This offers direct access to Parramatta, just one stop away, and places the CBD within 35 minutes.

<h2>Amenity-Rich Environment</h2>

While the development is already close to everything Merrylands has to offer, Northland Group is adding further value by delivering 22 new retail tenancies at the base of the building and within the commercial podium. Confirmed tenants include a 24/7 gym operator, a provider for a 111-place childcare centre, and major fast-food retailers.

[smartcode_project:default project_id=5660 project_image_fid=1613]

Residents will also have private access to a rooftop with several breakout spaces, barbecue areas, and a children's playground.

<h2>Thoughtfully Designed Apartments</h2>

With all the above boxes ticked, attention turns to the apartments themselves. Northland has gone above and beyond, offering large floorplans and premium finishes as standard. Kitchens include stone island benches, integrated Smeg appliances (gas cooktop, oven, rangehood, microwave, and dishwasher), and Villeroy &amp; Boch tapware.

[smartcode_project:default project_id=5660 project_image_fid=1607]

Even the small details haven’t been overlooked. The integrated VRF air conditioning system allows for zoned temperature control in each room. Furthermore, each Central Quarter balcony will be built with pedestal tiles allowing for seamless indoor/outdoor living.&nbsp;

<h2>A Decade in the Making</h2>

Central Quarter has been over a decade in the making, with Northland Group securing the site back in 2014. Years of careful planning and design have gone into creating a product that truly suits the area.

With completion expected by early to mid-2026 and interest rates forecast to fall further before then, now is arguably the perfect time to secure a new home at this advanced stage of construction.

[smartcode_project_cta:default project_id=5660]

Why Northland Group’s Central Quarter apartment development ticks every box

Developments plans continue to pour in in the Sydney CBD.

While there's been skyscrapers sought and approved across the city in recent months, the latest plans are more boutique.&nbsp;

SLD Development has filed for a $30 million mixed-use building on a near-800 sqm site at 768-772 George Street, on the corner of Rawson Place, in Haymarket.

The adaptive reuse plans will see the heritage-listed GIO Building, built in the 1930s, redeveloped and incorporated into the new structure. It was designed in the "Inter-War Chicagoesque style", and has been subject to extensive internal alterations over time.

<a href="https://www.apartments.com.au/architects/dickson-rothschild">Dickson Rothschild</a>&nbsp;has designed the new building, which will rise as high at 14 storeys. There will be an 83-room hotel across the first seven levels, behind the retained heritage facade, and a rooftop bar for hotel guest.

Above the hotel will be an additional six-storey structure, with 30 one-, two-, and three-bedroom apartments.

<img alt="heritage" data-entity-type="file" data-entity-uuid="6d46f11c-9746-4ffd-bc75-f1b9ad8a8348" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-14%20at%201.22.37%E2%80%AFPM.png?VersionId=u2H9P0Pmg1kI.xZukLK15BkEoYPxQ3jz" />

The ground floor would be activated by two food and drink premises, supported by shared building services including a loading dock, plant, waste facilities, and end-of-trip amenities located in the basement.

According to the Urban Design Report, the design strategy centres on reinstating the heritage building’s prominence at this corner location, improving the public interface along George and Barlow Streets, and introducing finer-grained ground-level activation.&nbsp;

The new upper form is set back to respect the existing street wall, while providing a scale transition to taller nearby developments envisaged under the Central Precinct Renewal and Haymarket–Chinatown Public Domain plans.

The George and Barlow Street elevations, identified as the most significant heritage elements, would be retained, while less-significant facades to Parker Lane and the northern boundary would be adapted to suit the new program.

SLD Development was founded in 2015 and has developments in Killara, Kogarah, Sutherland, and Castle Hill.&nbsp;

They noted on their website that the Haymarket development is "set to redefine luxury living in the heart of Sydney."

"This prestigious project will feature an exquisite blend of a luxury hotel and premium residential apartments, offering unparalleled comfort and sophistication. Ideally located on George Street, this development enjoys high pedestrian exposure and provides seamless access to the best of the city."

The latest plans joins several major announcements in the last few months. Lendlease has sought to <a href="https://www.apartments.com.au/news/nsw/lendlease-buys-approved-liverpool-st-hyde-park-development-site-on-sydney-cbd-fringe">develop around 200 apartments on Hyde Park</a>, while Charter Hall has been given approval to develop <a href="https://www.apartments.com.au/news/nsw/city-of-sydney-backs-charter-hall-s-925m-hyde-park-tower">its Hyde Park tower</a>.

First look: Apartment and hotel plans proposed for Haymarket’s heritage-listed GIO Building

The NSW Government will take the lead in rezoning the Burwood North Metro Precinct, that could deliver around 15,000 new homes near the future Sydney Metro station, creating new housing and job opportunities close to transport and services. 
 
The new Burwood North Metro Station provides a once-in-a-generation opportunity to create a thriving inner-west precinct near a world class metro line, just four stations away from the Sydney CBD. 
 
Centred around the new Burwood North Metro Station, the rezoning will deliver a new precinct supported by major public transport links and open space, while rejuvenating another part of the Parramatta Road corridor. 
 
The current Burwood train station and Parramatta Road bus links are also nearby, along with strong local schools and shopping precincts, with the Parramatta River a short distance away. 
 
Burwood Council and Canada Bay Council have both progressed individual masterplans to deliver homes in their Local Government Areas. The NSW Government will build upon the Councils’ plans as well as identify further opportunities for residential growth to better respond to the future Sydney Metro station. 
 
The rezoning is being progressed through the State Significant Rezoning Pathway, which was introduced by the Minns Government to fast-track major rezoning proposals. The State Significant Rezoning Policy, introduced in September 2024, fast tracks the rezoning of key precincts, and existing planning proposals delayed in the planning system. 
 
NSW is in need of bold housing solutions. Sydney is the second least affordable city in the world, with house prices having significantly outstripped wage growth over the last two decades. 
 
A key focus of the state-led rezoning will be to deliver precinct-wide infrastructure that will enable essential services and amenities to be delivered alongside the new housing. 
 
The Department of Planning, Housing and Infrastructure will now work with both councils and the relevant state government agencies to progress the rezoning, with a draft masterplan expected to be exhibited in the first half of 2026. This will be followed by a final precinct masterplan, at which stage development applications can be lodged under the new planning controls. 
 
This new site builds on the NSW Government’s earlier announcements of state-led and state-assessed rezoning projects. To date, 25 projects have been progressed as state rezonings, with the potential to enable the delivery of an estimated 60,000 homes and 68,000 jobs.

The Urban Development Institute of Australia (UDIA) NSW, says the NSW Government’s decision to lead the rezoning of Burwood is an essential move to unlocking much needed housing supply, accelerating the planning system, and ensuring coordinated infrastructure delivery.&nbsp;

“The NSW rezoning process is currently one of the slowest in the country. Any action that helps to speed this up, particularly in well-located areas like Burwood North, should be welcomed,” said UDIA NSW CEO, Stuart Ayres.&nbsp;

“New homes start with rezoned land. That’s why we’re encouraged to see the NSW Government stepping in to lead the process at Burwood North. The more the State can be involved in finalising these complex rezonings, especially where boundaries are shared, the better the outcomes for everyone."

NSW Government to rezone Burwood North and trigger 15,000 new homes near future Sydney Metro Station

Reputable builder-developer TOGA is reviving its mixed-use masterplan precinct in Sydney's Five Dock.

The&nbsp;new State Significant Development Application and rezoning proposal is for nearly 700 dwellings across four buildings on the prime Parramatta Road site.

There will be three shoptop housing towers ranging from 14 to 28 storeys, and one eight-storey build-to-rent (BTR) building with co-living units and co-working space. There will be 50 affordable housing units. The masterplan will also include ground-level retail anchored by a full-line supermarket

<img alt="51-55 Parramatta Road, Five Dock" data-entity-type="file" data-entity-uuid="7779f1ce-4e41-4366-967f-a9025c023052" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Five%20dock%20location.png?VersionId=wQzc1r_9f.m5jokX_DiJ9ItcdUqYJapQ" />

Architecture firm Bates Smart has been engaged to draw up the plans.

They said their vision is for a "sustainable and permeable mixed-use precinct that builds on the urban design principles established in the recently rezoned Kings Bay Precinct."

The project spans a consolidated 18,500 sqm site fronting Parramatta and Queens Roads. TOGA’s concept integrates residential, retail, and community uses with substantial public realm upgrades.&nbsp;

A new 2,090 sqm public park, widened road frontages, a through-site pedestrian and cycle link, and a new local street are proposed as part of the transformation of the Kings Bay Precinct, an area identified under the Parramatta Road Corridor Urban Transformation Strategy (PRCUTS) for high-density redevelopment

The scheme includes:

<ul>
	<li>Three residential towers (Buildings 1–3) with shop top housing (14–28 storeys)</li>
	<li>One eight-storey BTR/co-living building (Building 4)</li>
	<li>674 total dwellings, including a mix of studio to four-bedroom apartments</li>
	<li>Retail and potential community space at ground level</li>
	<li>Three-level basement for car parking and supermarket</li>
	<li>New east-west and north-south connections through the site</li>
	<li>7.5 per cent affordable housing provision, in perpetuity</li>
</ul>

<img alt="51-55 Parramatta Road, Five Dock" data-entity-type="file" data-entity-uuid="e91e8db0-f734-483a-9e04-87725253f72b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Five%20dock%20precinct.png?VersionId=tkXiCp1dEUZMB1Vs7AZhJwFYq4XtWTlU" />

The submission follows the refusal of a previous scheme, known as Five Dock Village, that proposed over 1,000 homes across four towers. The 2024 rejection by Canada Bay Council cited excessive height, bulk, and non-alignment with PRCUTS objectives.

In contrast, the current approach focuses on design excellence and planning alignment, facilitated by a concurrent rezoning and SSD pathway under the Housing Delivery Authority. TOGA will pursue a streamlined design review process via the State Design Review Panel, waiving a competitive design competition while ensuring architectural quality through oversight and review

“The revised scheme responds to council and state feedback and delivers a more integrated outcome,” the scoping report notes, highlighting the project’s focus on active ground-level uses, walkability, and local character.

<img alt="51-55 Parramatta Road, Five Dock" data-entity-type="file" data-entity-uuid="11c1be94-1009-4a51-b7bb-061accb2699e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Five%20dock%20pers.png?VersionId=UVhKtIsr55no2V15fnlJsSdqxPFxw.1U" />

The site falls within the Kings Bay Precinct, an emerging redevelopment zone along Parramatta Road that includes projects such as 129-155 Parramatta Road and 53-75 Queens Road. It sits less than a kilometre from the future Five Dock Metro Station, currently under construction as part of the Sydney Metro West line, strengthening the project’s public transport connectivity and alignment with NSW’s 30-minute city goal

The development is also expected to make a significant contribution to the NSW Government’s housing targets, with the Canada Bay LGA required to deliver 5,000 new homes by 2029.&nbsp;

The proposal supports key pillars of the NSW Housing Strategy and National Housing Accord, with a mix of tenures, affordable housing, and timely delivery potential.

TOGA to push on with Five Dock mixed-use masterplan

The timing couldn’t be better for the upcoming launch of <a href="https://www.apartments.com.au/new-apartments/sydney-house-194-204-pitt-street-sydney-nsw-2000">Sydney House</a>, the newest mixed-use tower in the heart of Sydney’s CBD.

Joint venture partners—Singapore-listed <a href="https://www.apartments.com.au/developers/first-sponsor">First Sponsor</a> and Melbourne-based lifestyle developer&nbsp;<a href="https://www.apartments.com.au/developers/icd-property">ICD Property</a>, chose to bide their time before launching the project, a redevelopment of the landmark City Tattersalls Building on Pitt Street.

They opted to wait until the complex build was well underway, a project that involves retaining the heritage-listed podium while constructing a soaring 55-storey glass tower above.

Their patience, aimed at instilling market confidence in the project’s delivery, has clearly paid off.

According to Charter Keck Cramer's H2 2024 State of the Market Report, the Sydney apartment market faces a significant supply-demand imbalance with continued population growth paired with limited new supply. The report highlights the post-pandemic impact on the apartment supply pipeline, with many planned projects placed on hold or discontinued, due to the broader construction environment.

Sydney House is more than two years into its construction program.&nbsp;Delivery partner <a href="https://www.apartments.com.au/builders/richard-crookes-constructions">Richard Crookes Constructions</a> commenced construction in Q1 2022 and is expected to complete in early 2027.

[smartcode_project:default project_id=12428 project_image_fid=312146]

A recent research report published by CBRE in June 2025 suggests that Australia’s population growth is set to experience continued growth of up to 15 per cent by 2030 supporting the requirement for new housing solutions.

The report highlights that the Sydney apartment supply over the next five-year period is forecast at 12,200 dwellings per annum with a demand forecast requirement of 30,000 dwellings. This suggests that demand for new apartments in central Sydney is expected to exceed supply for years to come, poising the market for a period of growth.

[smartcode_project:default project_id=12428 project_image_fid=350621] 
&nbsp; 
SRM Residential Partner and former CBRE Director, Tim Rees says that around 80 per cent of ‘right-sizer’ purchasers seek a property that’s easier to maintain.

"Approximately half see this as part of their retirement plan, and 40 per cent do so as they want the proceeds of their former home for other things," Rees says.

[smartcode_project:default project_id=12428 project_image_fid=350623]

<a href="https://www.apartments.com.au/new-apartments/sydney-house-194-204-pitt-street-sydney-nsw-2000">Sydney House</a> will comprise 241 premium apartments above a new 135-room boutique hotel.&nbsp;<a href="https://www.apartments.com.au/architects/bvn-architecture" target="">BVN</a>&nbsp;Architecture has led the design of the tower, which will rise above the retained heritage podium. That podium, to be carefully restored by FJC Studio, will house a collection of high-end hospitality venues once complete.

Rees says that&nbsp;<a href="https://www.apartments.com.au/new-apartments/sydney-house-194-204-pitt-street-sydney-nsw-2000">Sydney House</a> will be&nbsp;<a href="https://www.apartments.com.au/developments/sydney-nsw" target="">Sydney</a>&nbsp;CBD’s newest icon, blending modern architecture with historic grandeur located in one of the most prestigious enclaves of the CBD.&nbsp;

“Pitt Street is arguably the most significant street in all of&nbsp;<a href="https://www.apartments.com.au/developments/sydney-nsw" target="">Sydney</a>," Rees says.

"Just a stone’s throw from Circular Quay, The Opera House, Hyde Park and Darling Harbour,&nbsp;<a href="https://www.apartments.com.au/new-apartments/sydney-house-194-204-pitt-street-sydney-nsw-2000">Sydney House</a> offers seamless connection with the CBD and beyond. Pitt Street Mall is literally across the road, and there is an abundance of dining venues in close proximity. The outlook from&nbsp;<a href="https://www.apartments.com.au/new-apartments/sydney-house-194-204-pitt-street-sydney-nsw-2000">Sydney House</a> will be breathtaking with views of Hyde Park and&nbsp;Sydney’s famous iconic landmarks&nbsp;on offer."

[smartcode_project_cta:default project_id=12428]

Sydney House will comprise 241 premium apartments above a new 135-room boutique hotel

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