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

Joel Robinson

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

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

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

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

Bottega House secures landmark riverfront site in St Lucia 

<section data-scroll-anchor="false" data-testid="conversation-turn-6" data-turn="assistant" data-turn-id="request-WEB:84a2af5e-d7cf-4ddf-922a-f4d44d6c6caa-2" data-turn-id-container="request-WEB:84a2af5e-d7cf-4ddf-922a-f4d44d6c6caa-2" dir="auto">
<section data-scroll-anchor="false" data-testid="conversation-turn-2" data-turn="assistant" data-turn-id="request-WEB:5a5ab36c-8dd3-454c-b456-c501f22f0eb4-0" data-turn-id-container="request-WEB:5a5ab36c-8dd3-454c-b456-c501f22f0eb4-0" dir="auto">
The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
</section>
</section>

[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Local Little Bay residents, along with buyers from premium postcodes across Sydney’s affluent Eastern Suburbs, have dominated purchases in developer-builder Urban Property Group’s first Eastern Suburbs apartment development, <a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a>.

The $250 million coastal project, one of the first new developments in the area in several years, has proven particularly popular with downsizers, especially those from Coogee and Bondi. One Double Bay downsizer paid $4.7 million for a four-bedroom penthouse, setting a new local apartment price record in the process.

Buyers have been attracted to the combination of coastal tranquillity, premium design and amenity-rich neighbourhood living. The walkable village setting, along with proximity to three of Sydney’s leading golf courses, New South Wales Golf Club, St Michael’s Golf Club and The Coast Golf Club, has also been a key drawcard.

[smartcode_project:default project_id=112343 project_image_fid=352689]

Built across two low-rise buildings designed by <a href="https://www.apartments.com.au/architects/hill-thalis-architecture-urban-projects-pty-ltd">Hill Thalis</a> and set along a lush, landscaped green spine, designed by leading landscape architect <a href="https://www.apartments.com.au/landscape-architect/arcadia-landscape-architecture">Arcadia</a>, ESTE Little Bay offers a collection of one, two, three and four-bedroom residences with interiors by Richards Stanisich.

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> Sales Director, Tom McIvor said the response to ESTE has been "nothing short of extraordinary."

“Buyers have been quick to recognise ESTE as a rare opportunity to invest in a coastal sanctuary that offers both seclusion and connectivity to the heart of Sydney,” McIvor said.

[smartcode_project:default project_id=112343 project_image_fid=352687]

<a href="https://www.apartments.com.au/project-marketer/srm-residential">SRM Residential</a> Senior Director, <a href="https://www.apartments.com.au/project-marketer/srm-residential">Clayton Ross</a> said the local market has responded incredibly well, driven by ESTE’s exceptional location and the rarity it offers.

“We’ve seen strong interest from a variety of buyer groups, all of whom are drawn to the exclusivity and quality of the build and construction by the 4.5-star iCIRT-rated builder / developer, Urban Property Group. There’s truly nothing else like it along Sydney’s coastline.”

[smartcode_project:default project_id=112343 project_image_fid=352690]

The project also includes robust buyer protections, including Resilience Insurance’s Latent Defects Insurance, providing 10 years of structural cover, and an independent iCIRT-rating of the developer.

“The iCIRT-rating adds another layer of confidence,” Ross added. “Buyers see it as a safeguard for their investment and their lifestyle.” A highlight of ESTE’s offering is its exclusive wellness amenities, including a heated rooftop infinity pool and outdoor heated spa, a state-of-the-art Technogym fitness centre, and a sauna.

<a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a> is topped out and is on track to complete towards the end of 2026, with residents moving in before Christmas.

[smartcode_project_cta:default project_id=112343]

Eastern Suburbs buyers snap up ESTE Little Bay apartments

Sydney off the plan apartments

In this article, we explore where, what, and who is driving the most exciting new developments coming to Sydney in 2025.

Sydney's top new apartment developments launching in 2025

Tech billionaire Robin Khuda’s <a href="/developers/ondas">Ondas</a> has received final approval for its long-awaited development in Sydney's millionaire's playground.

It's taken over three years for the six luxury apartments by <a href="/architects/rob-mills-architecture-interiors">Rob Mills Architecture</a> to be approved, on the Barrenjoey Road site of the former Palm Beach Fish &amp; Chips Shop.

The apartments will sit above three ground-floor retail spaces, next door to Barrenjoey House.

The approval follows years of revisions and challenges, including community opposition over concerns about height, bulk, and potential impacts on the area’s character.&nbsp;

Initial plans submitted in 2021 faced multiple setbacks, including rejection by the Northern Beaches Local Planning Panel and requests for significant design modifications to address community and planning concerns.&nbsp;

Despite these obstacles, the amended proposal has now been deemed a valuable addition to the Palm Beach locality.

Acting Commissioner Thorpe praised the project’s design, stating that it would “provide much-needed amenity, commercial business, and housing” while being “respectful of the adjacent heritage item.”&nbsp;

The site neighbours the historic Barrenjoey House, and its redevelopment is anticipated to enhance the area’s seaside atmosphere while maintaining its distinctive charm.

This project aligns with Khuda’s broader real estate ambitions under the Ondas banner, which focuses on high-end residential developments targeting affluent downsizers.&nbsp;

Ondas has recently completed six apartments in Manly, and they have a <a href="/news/vic/robin-khudas-ondas-gets-greenlight-for-22-million-st-kilda-apartment-development">project in St Kilda in Melbourne</a> which is expected to launch in 2025.

Billionaire Robin Khuda's Ondas secures Palm Beach apartments development approved

Unit values in <a href="/developments/sydney-nsw">Sydney</a> have remained resilient, while the house segment of the market continues to show signs of weakness.

CoreLogic's Monthly Index revealed that unit values rose by 0.2 per cent in November and 0.4 per cent over the past three months, while house values contracted by -0.4 per cent in November and are down -0.8 per cent over the past quarter.

Sydney’s median unit value is now $865,000, reflecting a 2.5 per cent increase since the start of the year.

Houses are facing greater challenges, driven by tighter lending conditions resulting from the Reserve Bank's decision to maintain interest rates, alongside ongoing affordability issues in a market that has shown considerable strength in recent years.

The volume of available listings has contributed to the market's rebalancing, with Sydney’s listings now 10.4 per cent above the five-year average—the highest for this time of year since 2018.

<h2>What happened in Sydney’s off the plan apartment market in November?</h2>

Enquiry levels in November were the highest they’ve been since April, with demand increasing across all regions from Castle Hill to Newcastle and everywhere in between.

The upswing in enquiry was largely driven by the downsizer/rightsizer market, which has been less affected by high interest rates compared to other market segments.

The Eastern Suburbs, in particular, saw a significant rise in demand from both downsizers/rightsizers and investors, spurred by two prominent projects from one of Sydney’s leading builder-developers.

<a href="/developers/toga-group">TOGA</a> recently completed Surry Hills Village, a redevelopment of the former "murder mall" on the border of Surry Hills and Redfern.

[smartcode_project:default project_id=9302 project_image_fid=306319]

It only took a few weeks for them to sell the final penthouse, which achieved a near-suburb record price after expressions of interest were sought at around $7.5 million.

<a href="/architects/sjb-architects">SJB</a> Director Adam Haddow drew inspiration from his award-winning Redfern residence when designing the three-bedroom penthouses at <a href="/buildings/surry-hills-village-redfern-6-14-baptist-street-redfern-nsw-2016">Surry Hills Village</a>.

A limited number of apartments remain for sale in the landmark mixed-use development, which also includes hospitality venues and retail spaces in Wunderlich Lane.

[smartcode_project:default project_id=9302 project_image_fid=313542]

TOGA’s <a href="/new-apartments/the-kensington-147-151-anzac-parade-kensington">The Kensington</a>, a different yet equally appealing development on Anzac Parade, has been attracting interest from all buyer types in recent months.

Located directly outside a light rail stop and within walking distance of the Prince of Wales Hospital, the University of New South Wales, and Centennial Park, The Kensington has proven especially attractive to both first home buyers and investors.

The development features 142 one, two and three-bedroom apartments currently under construction by 4.5-Star iCIRT rated builder <a href="/builders/dasco-australia">DASCO</a>, and will sit above seven retail spaces—an element TOGA consistently incorporates into its projects.

[smartcode_project:default project_id=110959 project_image_fid=307645]

TOGA has also just broken ground on <a href="/new-apartments/macquarie-rise-122-herring-road-macquarie-park">Macquarie Rise</a>, its fourth development in <a href="/developments/macquarie-park-nsw-2113">Macquarie Park</a>. This project will feature three residential towers with a total of 268 apartments. Over 100 units have already been sold.

The $400 million development, designed by <a href="/interior-designers/turner-studio">Turner Studio</a>, will offer flexible living spaces and lifestyle amenities, including a 20-metre lap pool, a Pilates studio, and a cinema room.

[smartcode_project:default project_id=89243 project_image_fid=242700]

November also saw the unveiling of the Sydney Olympic Park Master Plan 2050, which aims to transform the precinct into a vibrant urban community.

The plan proposes the construction of up to 13,000 new homes, including affordable housing, as well as cultural, recreational, and green spaces.

<img alt="Inside the Sydney Olympic Park Master Plan 2050" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/1730068339168.jpg?VersionId=k1DAC2irCX3vAbZgVt7ibYYHDtma7Brw" />

Key precincts, such as the Urban Centre, are set to integrate residential, commercial, and cultural facilities, while environmental conservation efforts also aim to enhance urban greening and sustainability.&nbsp;

As far as looking ahead goes, <a href="/developers/charter-hall">Charter Hall</a> unveiled plans for a near-$1 billion mixed-use tower at&nbsp;201-217 Elizabeth Street in the CBD.&nbsp;&nbsp;

<img alt="Sydney skyline transformation to continue as Charter Hall pitch near-$1 billion skyscraper" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/201%20-%20217%20Elizabeth%20Street%2C%20Sydney%20podium.png?VersionId=lUg5UW5EJFhvvc7kGotbds2rJZPmUQeW" />

The 55-level skyscraper will feature a combination of hotel accommodations and 264 apartments, ranging from one to four bedrooms, alongside retail and hospitality spaces.&nbsp;

Designed by <a href="/architects/fjc-studio">fjc studio</a>, the tower aims for exemplary sustainability benchmarks and offers sweeping views of Hyde Park and Sydney Harbour.

Staying in the CBD,&nbsp;Signapore-listed First Sponsor Group and joint venture partner <a href="/developers/icd-property">ICD Property</a> revealed the first look of their redevelopment of the 130-year-old, state heritage-listed City Tattersall Club building on Pitt Street.

[smartcode_project:default project_id=12428 project_image_fid=312146]

The 241 premium apartments will hit the market in 2025 with CBRE.

<a href="/architects/bvn-architecture">BVN Architecture</a> won the design competition to create the new development, dubbed Sydney House, handling both the tower and the interiors. FJC Studio led the design of the heritage podium.

[smartcode_project:default project_id=12428 project_image_fid=312147]

Given the short supply of new apartments in Sydney, projects in the city tend to outperform the majority of other markets.

<a href="/developers/mirvac">Mirvac</a> smashed records for its first release of its luxury <a href="/new-apartments/harbourside-by-mirvac-2-10-darling-drive-darling-harbour">Harbourside Residences</a> in Darling Harbour. Their $600 million worth of pre-sales was the highest they've achieved in their 50+ year history.

Over 140 apartments have been conditionally sold to local buyers with sold prices ranging from just over $1.7 million to $25 million.

The sales launch for the 48-level luxury residential tower, a redevelopment of the former Harbourside shopping centre, saw a strong response from a diverse range of buyers including downsizers, families and couples from the local market, including the inner west, northwest, eastern suburbs, and north shore of Sydney. There were also some interstate buyers.

[smartcode_project:default project_id=141327 project_image_fid=314728]

New projects on the Sydney Metro line continue to do well.

<a href="/new-apartments/elevate-hume-place-crows-nest-25-hume-street-crows-nest-nsw-2065">Elevate Hume Place</a>, the apartments above the Crows Nest Station being developed by Third.i and Phoenix Property Investors saw a successful launch.

Designed by Woods Bagot,&nbsp;<a href="/new-apartments/elevate-hume-place-crows-nest-25-hume-street-crows-nest-nsw-2065">Elevate Hume Place</a>&nbsp;comprises&nbsp;130 one, two, and three-bedroom apartments.

[smartcode_project:default project_id=142550 project_image_fid=309369]

<a href="/developers/thirdi-group">Third.i</a> Co-Founder Luke Berry said the unprecedented demand and strong interest not only reflects the quality of the apartments, but also the increasing demand for convenient, transit-oriented living in Sydney's dynamic real estate market.

“We are thrilled with the strong sales results at launch for Elevate Hume Place, this achievement highlights the growing appetite for contemporary living that prioritises accessibility and connectivity,” Berry said.

“The design, amenities, demographic, and prime location of Elevate Hume Place have attracted a diverse range of local and international buyers, from young professionals and first home buyers to investors and downsizers, all seeking the perfect blend of urban convenience and community charm.”

[smartcode_project:default project_id=142550 project_image_fid=309370]

<a href="/developments/castle-hill-nsw-2154">Castle Hill</a> has also ramped up another notch since the metro opened.

Developer <a href="/developers/ellipse-property-group">Ellipse Property</a> has the largest development in the area, just across the road from the newly opened Hills Showground Precinct station.

Ellipse recently put shovel to ground on <a href="/new-apartments/atrium-at-carrington-place-40-42-ashford-avenue-castle-hill">Atrium</a>, the first stage of Carrington Place which is over 50 per cent sold.

<a href="/builders/decode">Decode</a>, another iCIRT rated builder, is constructing Atrium, part of the wider $750 million masterplan that borders the Cattai Creek. Carrington Place will comprise five stages that, when complete in 2032, will have over 800 homes. Atrium is set to complete in late 2025.

[smartcode_project:default project_id=89496 project_image_fid=216765]

Outside of the Sydney Metro area, <a href="/developers/gwh">GWH</a>, Newcastle's only builder-developer, launched its latest development.

<a href="/new-apartments/era-newcastle-124-126-bull-street-newcastle-west-nsw-2302">ERA by Newcastle</a>, two towers designed by <a href="/architects/fk-australia">FK Australia</a>, will comprise 281 apartments and over 2,000 sqm of resident amenities, aiming to cater to a wide range of buyers, including downsizers and first-home buyers.

[smartcode_project:default project_id=135096 project_image_fid=309968]

ERA is expected to cater to different buyer groups, from first home buyers and investors from Sydney to local downsizers who want a low maintenance, city-centric lifestyle while also being ideally located just a few kilometres from Newcastle’s famous beaches.

City Beat November 2024: Sydney unit values rise while house values decline as market softens

Elevate Hume Place, the new apartment development above Crows Nest Metro by developer <a href="/developers/thirdi-group">Third.i</a> and joint venture partner Phoenix Property Investors, has secured enormous support from local and international buyers.

Elevate is one of the most popular&nbsp;transit-oriented developments in Sydney, above the newly opened metro that will connect future Elevate residents to the rest of Sydney in minutes.

Read more:&nbsp;<a href="/news/nsw/third-i-offer-10k-deposits-at-elevate-hume-place-apartments-above-crows-nest-metro">Third.I offer $10k deposits at Elevate Hume Place apartments above Crows Nest Metro</a>

[smartcode_project:default project_id=142550 project_image_fid=309367]

Designed by Woods Bagot, <a href="/new-apartments/elevate-hume-place-crows-nest-25-hume-street-crows-nest-nsw-2065">Elevate Hume Place</a>&nbsp;comprises&nbsp;130 one, two, and three-bedroom apartments.

Third.i Co-Founder Luke Berry said the project has received over 6,000 leads with over 400 appointments to date, with this unprecedented demand and strong interest not only reflecting the quality of the apartments but also the increasing demand for convenient, transit-oriented living in Sydney's dynamic real estate market.

“We are thrilled with the strong sales results at launch for Elevate Hume Place, this achievement highlights the growing appetite for contemporary living that prioritises accessibility and connectivity,” Berry stated.

“The design, amenities, demographic, and prime location of Elevate Hume Place have attracted a diverse range of local and international buyers, from young professionals and first home buyers to investors and downsizers, all seeking the perfect blend of urban convenience and community charm.”

Freya Watson, JLL’s Head of Residential Project Sales Australia - the sales partner for Elevate Hume Place - shared insights into the diverse range of buyers the development has attracted.

“Elevate Hume Place sets a new standard for transit-oriented living, appealing to both owner-occupiers and investors. Properties near metro stations often achieve a 20-30 per cent price premium and attract high rental demand, which has contributed to the strong buyer interest. Buyers clearly recognise the long-term potential of this development.”

Read more:&nbsp;<a href="/news/nsw/why-the-investment-potential-at-elevate-hume-place-above-crows-nest-metro-is-proving-too-good-to-miss">Why the investment potential at Elevate Hume Place above Crows Nest Metro is proving too good to miss</a>

[smartcode_project:default project_id=142550 project_image_fid=309368]

A significant portion of the buyer interest has come from Asia.

Among these international buyers, 25% are seeking residences for their children studying in Sydney, while another 25% are Australian passport holders or permanent residents looking for personal stays. The remaining 50% are investment-driven buyers, primarily from Singapore and Hong Kong, attracted by the project’s strong rental return potential.

“The Metro is a huge draw for buyers, especially those who value or are accustomed to the convenience of public transport, with its prime location and quick access to the CBD," Watson added.

"The city views are also a major attraction, along with the abundance of schools and universities right on the doorstep."

[smartcode_project:default project_id=142550 project_image_fid=297878]

Berry says Elevate Hume Place buyers will experience a perfect blend of connectivity, community, and the vibrant lifestyle that <a href="/developments/crows-nest-nsw-2065">Crows Nest</a> offers.

“Elevate features shared spaces that promote community interaction, iconic Sydney views, and sustainable design elements. The thoughtfully designed apartments foster a meaningful connection to the natural surroundings while honouring the site’s rich history. In addition to direct metro access, residents will benefit from being close to Crows Nest Village, which provides a variety of lifestyle amenities.”

Prices at Elevate start from $970,000.

[smartcode_project_cta:default project_id=142550]

Unprecedented demand from local and international buyers for Third.i’s transit-oriented development

Third.i celebrate successful launch of Elevate, Hume Place apartments above Crows Nest Metro

The first release of Mirvac’s luxury Harbourside Residences in Sydney’s Darling Harbour has sold out, resulting in a fast track of the second release to the market.

They've secured over $600 million of pre-sales, a record for Mirvac.Over 140 apartments have been conditionally sold to local buyers with sold prices ranging from just over $1.7 million to $25 million.

The sales launch for the 48-level luxury residential tower, a redevelopment of the former Harbourside shopping centre, saw a strong response from a diverse range of buyers including downsizers, families and couples from the local market, including the inner west, north west, eastern suburbs, and north shore of Sydney. There were also some interstate buyers.

[smartcode_project:default project_id=141327 project_image_fid=314729]

Stuart Penklis, Mirvac's CEO of Development, said there was unprecedented demand from discerning buyers who recognise the unique opportunity Harbourside presents, driving what he believes is an Australian real estate pre-sales record.

“The exceptional level of amenity we're offering is unparalleled, reflecting our understanding of what luxury buyers desire," Penklis says.

"In creating Harbourside, we're drawing on over 50 years of experience in design excellence, development, and construction to Mirvac’s exacting standards. Our customers know and trust the Mirvac brand and our commitment to delivering the highest quality.

“With the success of the first two sales releases this weekend, we are looking forward to releasing future stages progressively through delivery, with construction completion anticipated in late 2027."

[smartcode_project:default project_id=141327 project_image_fid=314723]

Harbourside Residences will include 263 apartments and feature an entire floor of high-end, resort-style amenity including an outdoor infinity pool with cabanas, a landscaped terrace and yoga/pilates space, indoor lap pool and spa, plus wellness facilities including steam room and sauna. There's also a range of private indoor facilities including a lounge, dining room with kitchen, cinema, and double-storey golf simulator.

Over 40 per cent of new Harbourside owners were repeat Mirvac customers.

“We were delighted to see so many familiar faces at this launch,” Penklis said.

“In the lead up to the VIP sales launch, we offered our valued customers exclusive previews of Harbourside at our state-of-the-art display suite, and their enthusiasm was overwhelming.”

The strong local buyer profile highlights the significant appeal of Harbourside's prime location and its promise of an exceptional lifestyle on Sydney's iconic waterfront, within a fully revitalised Darling Harbour.

“Many customers have shared a strong emotional connection to Harbourside, sharing nostalgic stories whether it be a visit as a child or a fond memory of their experiences at Harbourside with their family,” Penklis added.

[smartcode_project:default project_id=141327 project_image_fid=314732]

Mirvac’s wider $2 billion Harbourside precinct revitalisation will deliver over 10,000 sqm of public open space, including a new waterfront promenade and new 3,500 sqm waterfront park; pedestrian connections to Pyrmont and the waterfront including $50 million in public domain funding; and $7 million in public art and activation.

The precinct will have diverse retail offerings, including restaurants, national and international retailers, integrating and activating the public spaces.

“Bringing a complex, mixed-use project like Harbourside to life requires the expertise of an integrated property group. Our integrated approach enables us to seamlessly manage every aspect of the project, from initial planning and design to construction and delivery."

Harbourside Residences will comprises 263 one, two, three, and four-bedroom apartments across 48 levels, including three penthouses and three sub penthouses.

Harbourside Residences will be fully electric with rooftop solar panels, targeting a 5 star Green Star Buildings rating, 7 star NaTHers minimum average, 40 BASIX for Water and 25 BASIX for energy. The Harbourside precinct will feature 6,000 sqm of green roofs, in addition to the public domain and the planting of over 100,000 plants on a site that previously had no green landscape spaces.

[smartcode_project_cta:default project_id=141327]

Harbourside Residences will include 263 apartments and feature an entire floor of resort-style amenity including an outdoor infinity pool with cabanas, a landscaped terrace and yoga/pilates space, indoor lap pool and spa, plus wellness facilities including steam room and sauna

Mirvac sell out first stage of Harbourside Residences as sales reach $25 million

Developer <a href="/developers/scion">Scion</a> and Ray White Wider Sydney welcomed prospective buyers to the VIP launch of Sterling, the new apartment development set to transform a quiet pocket in Lane Cove North.

A mix of local first home buyers, rightsizers and downsizers attended the event on site at 2 Merinda Street, with the building nearly finished by Scion's in-house construction team.

With one, two and three-bedroom apartments on offer, and prices starting from $750,000, Sterling has proved popular with the majority of buyer types.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/nn3F_lHHvUY?si=AK6SSzQU9sVY4PJi" title="YouTube video player" width="560"></iframe>

<a href="/new-apartments/sterling-lane-cove-north-2-merinda-street-lane-cove-north-nsw-2066">Sterling</a> is one of very few new developments in <a href="/developments/lane-cove-north-nsw-2066">Lane Cove North</a>. It comprises 50 apartments, just six apartments per floor, ensuring the development is in keeping with the privacy its location expects.

&nbsp;

Sterling is also the first development in the area to be protected with Resilience Insurance's Latent Defects Insurance, a first resort insurance policy that covers apartment buildings for structural defects for 10 years post-completion.

[smartcode_project:default project_id=136108 project_image_fid=303417]

Kitchens are equipped with integrated Miele ovens and cooktops and dishwashers by Fisher &amp; Paykel. The bathrooms feature rainfall showers and high-end fixtures and fittings.

All inclusions and designs go back to the project name, Sterling, reflective of the quality Scion is instilling across the whole of the development.

[smartcode_project:default project_id=136108 project_image_fid=303414]

Open plan kitchen, living and dining spaces feature floor-to-ceiling windows to maximise natural light and offer views of the leafy surrounds and back to the Sydney CBD.

All apartments open onto either a garden courtyard, a balcony, or, for the upper-level apartments, expansive terraces that capture the best views.

[smartcode_project:default project_id=136108 project_image_fid=303420]

The development also offers communal amenities, including a rooftop entertaining area equipped with barbecue facilities — reinforcing the project’s focus on creating a lifestyle centred around both community and comfort.

Sterling’s location on Merinda Street places it in the heart of nature without sacrificing accessibility to urban amenities.

Residents will be positioned near Stringybark Creek and the endangered Blue Gum High Forest while benefiting from proximity to key hubs like Chatswood and Macquarie Park.

[smartcode_project:default project_id=136108 project_image_fid=303418]

Essential services and lifestyle destinations such as The Canopy community hub and major shopping centres are just a short drive away.&nbsp;

Scion has a solid reputation as a premium builder-developer across Sydney, with a string of projects completed and several in the pipeline.

Sterling will complete in early 2025, with buyers moving in shortly after.

[smartcode_project_cta:default project_id=136108]

Sterling’s location on Merinda Street places it in the heart of nature without sacrificing accessibility to urban amenities

Scion launches Sterling apartments in Lane Cove

A landmark development application has been lodged for the redevelopment of the InterContinental Hotel Double Bay, to deliver a $1 billion lifestyle precinct in the heart of Double Bay Village. 
&nbsp; 
The proposal, with Woollahra Municipal Council, will replace the existing outdated purpose-built hotel with an architecturally designed mixed-use building comprising a high-end retail and dining precinct, landscaped open spaces, cinemas and community spaces on the ground floor, and a new boutique luxury hotel, commercial office suites, a health and wellness centre, and 29 apartments across the seven upper levels.&nbsp;

Designed by <a href="/architects/cox-architecture">COX Architecture</a> and led by project and development managers Metis Group, 33 Cross Street is the vision of a consortium headed by Rebel Property and Capitel Group, two leading local developers with deep connections to Double Bay and a proven track record delivering high-quality, &nbsp;lifestyle-focused mixed-use projects.&nbsp;

<img alt="33 Cross St Double Bay Aerial" data-entity-type="file" data-entity-uuid="605bfafd-3dd1-4421-907e-1b0d22598fdd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/33%20Cross%20St%20Double%20Bay%20Aerial.jpg?VersionId=sMJaDwJ8Jeptz78FwkYgu3XG3UCcnNSX" />

<a href="/developers/capitel-group">Capitel Group</a> Managing Director, Eduard Litver, said the proposal for 33 Cross Street had been designed and planned with the Double Bay community in mind.&nbsp;

“This is the largest privately held site in <a href="/developments/double-bay-nsw-2028">Double Bay</a> Village, and over the past 25 years there have been numerous concepts, schemes, ownership changes and refurbishments in an attempt to revitalise the site without sustained success,” Litver said.&nbsp;

“Our focus is to deliver the next evolution of this Sydney icon – a truly mixed-use lifestyle destination of enduring quality that inspires local pride garners global recognition, and aligns with Woollahra &nbsp;Council’s vision for Double Bay Village. &nbsp;

“This is Double Bay’s moment – a chance for this site to redefine how people experience this iconic waterfront neighbourhood for years to come."&nbsp;

Rebel Property Managing Director, Allen Linz said almost half of the proposed development has been dedicated to non-residential uses including cinemas, landscaped open spaces, retail and dining, commercial suites and community-accessible services.&nbsp;

“Since the early 1990s, 33 Cross Street has served as a landmark hotel with a limited civic connection beyond one street frontage, while the harbourside community has been transforming into a vibrant cosmopolitan precinct that we know people want to preserve and enrich,” Linz said.&nbsp;

“Our design creates an inviting, permeable street-level experience for all to enjoy while preserving the &nbsp;site’s history with a new right-sized luxury boutique hotel.”&nbsp;

Metis Group Director, Arian Galanis, said the iconic design required a meticulous approach.&nbsp;

“With the client and project team’s extensive experience and local knowledge, we have committed to a design that honours the site’s historic significance while offering an innovative, mixed-use space that caters to the evolving needs of Double Bay,” Galanis said.&nbsp;

“We have engaged with the community to ensure the proposal was thoughtfully considered to set a new benchmark for mixed-use development and will continue to do so throughout the development approvals and delivery process.&nbsp;

“Our shared goal is to create a positive legacy – a precinct that blends seamlessly into the fabric of &nbsp;Double Bay Village garnering local pride and global appeal, a cherished part of its future for years to come."

<img alt="Close Up 33 Cross St Double Bay" data-entity-type="file" data-entity-uuid="e2bb2070-3895-4ccf-99d6-77346bff67ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Close%20Up%2033%20Cross%20St%20Double%20Bay_3D_render_by_VV.jpg?VersionId=wor0_l4iFTizwlA9YoaxyfWrH5QaceAz" />

The proposed design was the culmination of a competitive design excellence process aimed at achieving the highest standard of architectural design, setting a new benchmark for development in &nbsp;Double Bay, with COX awarded the design role from four leading Australian and international firms.&nbsp;

COX Director Ramin Jahromi said the proposal embraced timeless architecture.&nbsp;

“33 Cross Street delivers a modern interpretation of classical proportions, featuring timeless materials and sophisticated finishes that create an iconic building with an elegant, enhanced street presence and enduring appeal,” Jahromi said.&nbsp;

“The facade’s glass light columns create a grand and visually stunning experience that draws inspiration from the illuminated fig trees framing the street-level entrance, adding to the site’s landmark status and enhancing safety and beauty at night.&nbsp;

“Community is really at the heart of the new design, with over 90 per cent of the ground plane accessible to the public. &nbsp;

“The design includes a spectacular atrium with a sculptural staircase and striking public art installation, &nbsp;a generous north-facing courtyard, and a six-metre-wide pedestrian walkway connecting Cross Street to Galbraith Walkway and down to Double Bay Beach."

Jahromi said the building has been&nbsp;carefully designed to not exceed the overall height of the existing building and includes recessed upper floors and an architectural green roof with a fully concealed plant that will offer a recessive landscaped aesthetic visible from higher surrounding areas.

Capitel Group Managing Director, Eduard Litver, said the proposal for 33 Cross Street had been designed and planned with the Double Bay community in mind. 

InterContinental Hotel, Double Bay, to become $1 billion lifestyle precinct

Reputable builder&nbsp;Decode has commenced construction on <a href="/new-apartments/atrium-at-carrington-place-40-42-ashford-avenue-castle-hill">Atrium</a>, the first stage of Ellipe Property's $750 million Castle Hill masterplan, Carrington Place.

&nbsp;Occupying 17 amalgamated sites along Carrington Road, Ashford Avenue and Partridge Avenue in Sydney’s north-west, Carrington Place is the largest residential masterplan in Castle Hill. It will deliver more than 800 new homes across five stages, helping to address Sydney’s critical housing shortage.

A recent groundbreaking event was attended by more than 100 partners and stakeholders, including the Mayor of the Hills Shire, Federal Member for Mitchell, and the Acting NSW Building Commissioner. The groundbreaking was celebrated with a traditional turning of soil as well as a smoking ceremony led by a local Deerubbin Elder, paying respect to the traditional custodians of the land in <a href="/developments/castle-hill-nsw-2154">Castle Hill</a>.

<a href="/new-apartments/carrington-place-castle-hill-36-carrington-road-castle-hill">Carrington Place</a> is <a href="/developers/ellipse-property-group">Ellipse Property</a>’s largest project to date, featuring architecture by the award-winning Tony Owen Partners and Stanisic Architects, with interiors by renowned design firm Studio SC, formerly known as Scott Carver.&nbsp;

[smartcode_project:default project_id=89496 project_image_fid=216768]

With the newly-built Hills Showground Metro Station unlocking greater connectivity between the Hills and the Sydney CBD, <a href="/developers/ellipse-property-group">Ellipse Property</a>&nbsp;Founder Sam El Rihani said that the groundbreaking marks the start of a thriving new community in Sydney’s burgeoning north-west – a sentiment echoed by Federal Member for Mitchell, Alex Hawke.

"With an ongoing shortage of high-quality, transport-oriented housing in greater Sydney, we’re proud to be delivering hundreds of quality new homes – with significant amenities and proximity to retail as well as the state-of-the-art Sydney Metro system," El Rihani said.

"Together with our partners, we are setting a new standard for modern, community-focused living in Castle Hill."

Alex Hawke said north west Sydney is becoming a hotspot for jobs and growth thanks to our world-class Metro infrastructure.

"The community has been ready for this change for some time now, and we thank developers like Ellipse Property for bringing that vision to Carrington Place,” said Hawke.

&nbsp;

[smartcode_project:default project_id=89496 project_image_fid=216764]

The masterplan will be constructed across five stages and feature abundant community space, with over 20,000 sqm of outdoor recreational area including a one-kilometre boardwalk connecting the precinct to the nearby Fred Caterson Reserve.

The project is seamlessly integrated with the surrounding bushland, with a site boundary that stretches right to the edge of Cattai Creek.

The Hills Showground Metro Station is just a two-minute walk from Carrington Place and offers fast connectivity to Sydney’s CBD, Chatswood, North Sydney, Macquarie Park, and Norwest Business Park.

Atrium comprises 140 one, two, three and four-bedroom apartments, some with double living spaces. Uniquely, over 75 per cent of apartments will feature studies or multi-purpose rooms, and abundant storage with various layouts also offering walk-in pantries.

&nbsp;

[smartcode_project:default project_id=89496 project_image_fid=216765]

Paying homage to its verdant setting, Atrium’s design features a curvilinear exterior echoing the form of Cattai Creek with lush landscaping surrounding the building on three sides. True to its namesake, it will also feature an expansive atrium at the ground floor entrance, further connecting residents to nature.

The development will offer elevated indoor-outdoor living, outdoor kitchens, BBQ areas, an outdoor gym, and rooftop terraces boasting sweeping views of the creek and the wider Hills region.

Atrium will be delivered by <a href="/builders/decode">Decode</a>, an award-winning Tier 2 residential builder and one of the first to achieve a prestigious Gold iCIRT rating.&nbsp;

<img alt="Construction starts on Castle Hill’s largest residential masterplan" data-entity-type="file" data-entity-uuid="02188aec-b465-44fd-bfe0-79fcd07432eb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Team%20Shot%20%281%29.jpg?VersionId=.ZEHlCX4.ECvwt6Yv_jdyeHmZF6EqXrZ" />

Acting NSW Building Commissioner, Matt Press, said housing is a massive investment for any consumer, and it is absolutely vital that they can trust the developer and builder they are dealing with.

"We need iCIRT-rated developers and builders like Ellipse Property and Decode to be the backbone of our industry, and the type of quality players that are filling the void of the housing supply crisis."

Apartments at Atrium have been sold predominantly to downsizers and first-home buyers, who are attracted to Castle Hill’s natural beauty, vibrant community and abundant retail and dining options.

Speaking at the groundbreaking event, the Mayor of the Hills Shire Dr Michelle Byrne said that Carrington Place addressed the needs of the Hills’ changing demographics.

“There are people that have lived in the Hills for 30,40, 50 years, they’re not leaving the Hills - they’re downsizing and choosing apartments," Byrne said.

"There are also more and more people from outside the Hills who want to be part of our community. I’m looking forward to welcoming these people, and projects like Carrington Place - that build not just apartment blocks, but communities - are the key."

Atrium is set for completion in early 2026.

[smartcode_project_cta:default project_id=89496]

The masterplan will be constructed across five stages and feature abundant community space, with over 20,000 sqm of outdoor recreational area including a one-kilometre boardwalk connecting the precinct to the nearby Fred Caterson Reserve

Decode kicks off construction at Castle Hill’s largest residential masterplan, Carrington Place

A growing family and a long-term commitment to a lifestyle that ticked all the boxes were the two key drivers behind the recent purchase of a penthouse at Killarney Ponds in&nbsp;<a href="/developments/box-hill-nsw-2765">Box Hill</a>.

<a href="/new-apartments/killarney-ponds-box-hill-4-alan-street-box-hill-nsw-2765">Killarney Ponds</a>, the new development by&nbsp;<a href="/developers/kellarney-developments">Kellarney Developments</a>&nbsp;that is slated for completion early next year, has been intentionally designed so it not only offers larger-scale apartments than any other new development in the area, but the community facilities to match, creating an environment where its residents can thrive privately and socially.

We recently spoke with a buyer of one of the penthouse apartments to hear firsthand why they bought in&nbsp;Killarney Ponds.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/wy4Blv8jK-A?si=rKKxGXAMzh4jUSDj" title="YouTube video player" width="560"></iframe>

The young family secured a two-level penthouse, with three bedrooms set privately on the second level, away from the main kitchen, living and dining space. The apartment, including terraces, spans around 140 sqm, one of the biggest apartments in Box Hill.

The buyer spoke not only about the rarity of such an apartment, but also about the facilities within the building that they intend to use. Residents will have access to&nbsp;a function room, outdoor barbecue area, and playground on level one, along with a gym and technology hub on level two.&nbsp;

There's also an exclusive rooftop terrace reserved just for the penthouse owners.

[smartcode_project:default project_id=22636 project_image_fid=297514]

Speaking about buying off the plan for the first time, the purchaser said it suited their needs because the family didn't need to move in straight away.

"We wanted to find the right place because this is a long-term decision that we're making for our family," the buyer said.

"It's a 10+ year decision for us, so we didn't want to rush into looking for an established place if we didn't need to. we would rather wait, and when we saw the opportunity, and say all the boxes were ticked, we jumped on it and it was a no-brainer."

[smartcode_project:default project_id=22636 project_image_fid=297513]

It was the first time purchasing off the plan, and the buyer highlighted the effort taken by the McGrath Projects team to help them understand the process.

Reputable builder Sitecorp is approaching completion of the building, with internal fitout to commence soon after.&nbsp;

[smartcode_project_cta:default project_id=22636]

Speaking about buying off the plan for the first time, the purchaser said it suited their needs because the family didn't need to move in straight away

Why apartments at Killarney Ponds in Box Hill are suiting the family buyer: Urban Buyer Q&A

NSW Government Announces Major Housing Reform to Streamline Approvals and Boost Supply 
In a bold move to address the state's housing crisis, the New South Wales (NSW) Government has unveiled plans to overhaul the housing approval process, aiming to cut red tape, speed up development, and deliver much-needed homes to the market faster.

The new initiative introduces a state-led approval pathway for large-scale residential housing projects, designed to bypass local council approval and significantly reduce approval timelines. This reform, set to take effect in early 2025, is part of a broader strategy to tackle the state's ongoing housing affordability issues and ensure that housing projects get off the ground more quickly.

<h2>The Housing Delivery Authority (HDA)</h2>

Central to the reform is the creation of the Housing Delivery Authority (HDA), a new body within the Department of Planning, Housing and Infrastructure. The HDA will oversee a streamlined approval process for major housing developments, focusing on projects with an estimated development cost of over $60 million in Greater Sydney (typically 100 or more homes) and $30 million in regional NSW (usually around 40 or more homes).

The HDA will be responsible for managing the approval process, including rezoning and development applications, which will no longer require approval from local councils. By eliminating the council approval stage, the government hopes to shorten approval times by potentially several years, facilitating quicker delivery of new housing across the state.

Key figures in the new authority include the Secretary of the Premier’s Department, Simon Draper; the Secretary of the Department of Planning, Kiersten Fishburn; and the CEO of Infrastructure NSW, Tom Gellibrand. Despite the changes, the Minister for Planning and Public Spaces will remain the final consent authority for any projects moving through this pathway.

<h2>A Shift Towards Faster, State-Managed Approvals</h2>

This reform addresses one of the most pressing issues in NSW’s housing market: the slow pace of housing development due to bureaucratic hurdles. Housing affordability has become a significant challenge for many residents, and the NSW Government has long acknowledged the disconnect between the demand for new housing and the ability of the planning system to deliver it.

The new state-led process aims to fast-track the approval of residential projects by allowing developers to submit their proposals directly to the HDA. Proposals will be assessed on merit, and planning controls will be applied flexibly to suit the needs of each development. This includes potentially making incremental zoning changes when necessary.

This approach is intended to make the approval process more efficient, enabling developers to proceed with projects that might otherwise be delayed or blocked by local council requirements. The government hopes these reforms will foster a more conducive environment for large-scale housing developments, helping to meet the growing demand for homes in NSW.

<h2>New Fast-Track Rezoning Process</h2>

In addition to the streamlined approval pathway, the NSW Government is also introducing a fast-track rezoning process for projects that require more significant zoning changes. This process will apply to developments that could provide a substantial increase in housing supply but need major rezoning to move forward. Like the development approvals, these projects will be chosen through an Expression of Interest (EOI) process managed by the HDA.

By allowing rezoning and development assessments to occur simultaneously, the reform aims to further speed up the planning process. Developers will submit their rezoning proposals directly to the HDA, which will assess them based on criteria aligned with the state’s housing priorities.

<h2>Impact on Local Councils</h2>

One of the anticipated benefits of these changes is a reduction in the number of large, complex development applications that local councils will need to assess. With the state assuming control over these major projects, councils can focus their resources on smaller, less complicated applications. This shift is expected to improve the efficiency of the overall planning system, allowing councils to allocate more time and effort to managing local development needs.

<h2>The Broader Context</h2>

These new measures are part of a series of reforms aimed at addressing housing affordability and supply issues that have plagued NSW for years. Other recent initiatives include:

- The largest rezoning in NSW history to unlock new housing opportunities. 
- Housing targets for councils to ensure a fair distribution of housing across Greater Sydney. 
- A $450 million investment to build new apartments for essential workers, including nurses, paramedics, teachers, and emergency responders. 
- The establishment of a land audit of vacant government-owned land, which will unlock 30,000 homes, including 8,400 public housing units. 
- A $5.1 billion investment in social and affordable housing.

Premier Chris Minns emphasized the urgency of these reforms, noting that previous governments had made it harder to build homes, leading to a growing crisis.

"For over a decade in NSW, governments have made it harder to build the homes we need, not easier – but this cannot continue if we want to be a city that young people can afford to live in," Minns said.

Minister for Planning and Public Spaces Paul Scully echoed these sentiments, stating, "The Minns Government is doing everything in its power to tackle the housing crisis and encourage developers to build and boost housing supply and overall affordability."

Scully also criticized the previous government for adding unnecessary red tape that hindered the development of much-needed housing.

<h2>Looking Ahead</h2>

As the government prepares to roll out these reforms, they are also engaging in consultation with stakeholders to ensure the new system works for both developers and communities. The fast-tracked approval and rezoning processes, expected to come into effect in 2025, mark a significant shift in how housing is developed in NSW, with the state taking a more active role in shaping the future of housing delivery.

By cutting through bureaucratic delays and focusing on high-priority projects, the NSW Government hopes to improve housing affordability and provide more homes for the people who need them most, particularly in a state where the demand for housing continues to outstrip supply.

Premier Chris Minns emphasized the urgency of these reforms, noting that previous governments had made it harder to build homes, leading to a growing crisis

Sydney off the plan apartments

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Sydney off the plan apartments

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News