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

Joel Robinson

Abadeen unveils signature penthouse at Park Residences in Cremorne

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

Dalcott targets owner-occupiers with South Brisbane debut Marrone

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

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

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

ODUS releases $18 million penthouse crowning La Mer Main Beach

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

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

Sydney off the plan apartments

Eddy Haddad's&nbsp;<a href="/developers/level-33">Level 33</a>, arguably one of the biggest developers in Wollongong, is joining forces with the community affordable housing City West Housing to bring a much-needed influx of apartments to the growing coastal city.

The joint venture means there will be an affordable housing component that will be managed by&nbsp;City West Housing, a registered Community Housing Provider. Of the 906 apartments that have been proposed in the State Significant development application, around 220 will be affordable.

The leaves nearly 700 apartments that will hit the traditional off the plan apartment market in the coming years, pending NSW Government approval.

The 30,130 sqm site&nbsp;at the <a href="/new-apartments/60-74-flinders-street-wollongong">intersection of Gipps and Flinders Streets</a>&nbsp;is currently occupied by an old Bunnings Warehouse which ceased trading at the start of 2023, as well as extensive car parking space and a small brick building.

<img alt="Level 33" data-entity-type="file" data-entity-uuid="97c11568-ff91-4521-9e02-bd42fc0a101c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-13%20at%2011.48.53%E2%80%AFAM.png?VersionId=y7XuNDoFsxEYSDE.IVAMpXeElcivleOs" />A key corner view from Gipps Street. Image credit: DKO

The apartments, will be spread across five mixed-use buildings, ranging in height from seven to 13 levels.

The ground floor of the buildings will be&nbsp;dedicated to business and retail spaces, takeaway food premises, specialised retail, and a gallery. The proposal also includes two levels of basement parking, with vehicle access from Throsby Drive and Gipps Street.

The project will be constructed in stages, beginning with Buildings 4 and 5, the latter of which will house the affordable apartments.&nbsp;

<img alt="Level 33 Wollongong masterplan" data-entity-type="file" data-entity-uuid="266ca885-4362-4dc2-ace2-ab81d4639dbe" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Wollongong%20DA%20masterplan.png?VersionId=PpTvdklskSFJESZ1564pj8Dhc92_VeJ7" /> 
The view of the development from Beaton Park. Image credit: DKO

The plans have been drawn up&nbsp;<a href="/tag/dko-architecture">DKO</a>&nbsp;Architecture with a vision that emphasises a connection to the natural surroundings, particularly Mount Kiera.&nbsp;

A plaza with a viewing deck to Mount Kiera has been proposed as part of the wider development. That will include fitness stations, a central lawn, public art installations, a suspending walk viewing deck, and a bushtucker native garden. 
 
<img alt="Viewing deck" data-entity-type="file" data-entity-uuid="34c675b3-93fd-4cfd-82de-4c354858049f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-13%20at%2011.46.32%E2%80%AFAM.png?VersionId=hemtwwaGELo6dw8SaEcAHT.kHjKQtnhq" /> 
A sketch of the viewing deck. Image credit: DKO

The design that has been submitted to the NSW State Significant Register has been revised following feedback from the State Design Review Panel.

The Scoping Report by Sutherland &amp; Associates Planning says the proposal is a "high-quality, transit-orientated development that will provide both housing choice in a location that enjoys exceptional access to the Wollongong Commercial Centre and other amenities within the City of Wollongong."

Level 33 <a href="/news/nsw/launch-alert-level-33-launch-wollongong-apartment-development-easterly">recently revealed</a> its latest Wollongong apartment development, <a href="/new-apartments/easterly-wollongong-13-crown-street-wollongong">Easterly Wollongong</a>, on one of the best sites in area opposite WIN Stadium.

They're also preparing to launch their <a href="/new-apartments/19-21-bourrool-street-kiama">first apartment development in Kiama</a>.

The proposal is a "high-quality, transit-orientated development that will provide both housing choice in a location that enjoys exceptional access to the Wollongong Commercial Centre and other amenities within the City of Wollongong."

First look exclusive: Level 33 to team up with City West Housing for over 900 new Wollongong apartments

The unit market in Sydney, both established and new, is ramping up.

CoreLogic's Monthly Hedonic Index shows another 0.4 per cent gain in the value of units across July, compared to 0.2 per cent in the house market. It's the fourth consecutive month units have outperformed houses according to CoreLogic's Index.

While only modest growth compared to the likes of Brisbane (+1.9 per cent) and Perth (+2.1 per cent), Sydney's unit market continues to show resilience despite being the most expensive capital city in an environment of heightened interest rates.

The Sydney unit median is now $852,000, more than $200,000 more than the next capital (Brisbane, $638,000).

Sydney's new and off the plan apartment market hasn't taken a break in winter either.

There's been record-breaking sales, new apartment developments launched to market, and several suburb-shaping development applications submitted to various councils across Greater Sydney in July.

&nbsp;

<h2>What happened in Sydney’s off the plan apartment market in July</h2>

Winter did not hinder apartment sales in Sydney’s <a href="/developments/norwest-nsw-2153">Norwest</a>.

<a href="/developers/sekisui-house-australia">Sekisui House Australia</a> secured over $85 million in sales within a few hours of the new apartment release at its $1 billion masterplan The Orchards

<a href="/new-apartments/the-orchards-veue-parkside-norwest-15-19-spurway-drive-norwest-nsw-2153">Veue Parkside</a> features 156 apartments distributed across two buildings, each standing nine and 14 levels tall.

[smartcode_project:default project_id=145924 project_image_fid=287359]

More than 80 sales came on the day, the majority being for the two-bedroom units.

Sales Manager David Lee said buyers came in large numbers to secure a carefully curated apartment in Veue Parkside, which he called "an architectural masterpiece."

[smartcode_project:default project_id=135129 project_image_fid=258271]

July saw the record sale of an apartment in the Eurobodalla Shire.

The penthouse atop&nbsp;<a href="/new-apartments/kailani-batemans-bay-50-52-beach-road-batemans-bay">Kailani</a>, the only new apartment development in&nbsp;<a href="/developments/batemans-bay-nsw-2536">Batemans Bay</a>, sold for $2.75 million, a record for the whole region. The four-bedroom penthouse crowns the low-rise Beach Road building that is currently under construction by builder-developer <a href="/developers/kela-building-group">KELA Building Group</a>.

<a href="/project-marketer/mcgrath-projects">McGrath Projects</a> agent Adam Sparkes said the buyer was also a local and is intending on reconfiguring the large floorplan.

[smartcode_project:default project_id=136442 project_image_fid=277072]

Princeton Financial Services launched its Rockdale development to the market in July.

<a href="/new-apartments/marque-rockdale-602-608-princes-highway-rockdale">Marque Rockdale</a>&nbsp;comprises 58 one, two, and three-bedroom designer apartments that are ideally located to take advantage of living on the coastal peninsula.

Marque will also be the first development in the area with <a href="/news/resilience-latent-defects-insurance">Resilience Latent Defects Insurance</a>, the first defect insurance in Australia that <a href="/news/what-is-latent-defects-insurance-and-is-it-bringing-confidence-to-the-off-the-plan-apartment-market">covers the cost of structural defects</a> for 10 years post-completion of the building.

[smartcode_project:default project_id=31751 project_image_fid=161005]

July also saw the topping out of the second stage of&nbsp;<a href="/buildings/mason-main-merrylands-245-merrylands-road-merrylands-nsw-2160">Mason &amp; Main</a>&nbsp;in&nbsp;<a href="/developments/merrylands-nsw-2160">Merrylands</a>, the $700 million masterplanned precinct by&nbsp;<a href="/news/coronation-property-launches-its-first-release-in-merrylands-development-mason-main">Coronation Property</a>.

The celebration was marked with an event attended by Coronation Property's owner Joe Nahas, contract partners, suppliers, and executive staff.

Mason &amp; Main Stage Two consists of 415 build-to-sell apartments across two buildings, offering studio, one, two, and three-bedroom configurations.&nbsp;

[smartcode_project:default project_id=31751 project_image_fid=257777]

There was plenty activity in the development application space across Greater Sydney in July, namely from&nbsp;<a href="/developers/deicorp">Deicorp</a>.

They first filed plans for <a href="/new-apartments/130-joynton-avenue-zetland">Joynton Square</a>, another community-style development in <a href="/new-apartments/zetland-nsw-2017">Zetland</a>. The mixed-use precinct at 130 Joynton Avenue, pegged at just over $300 million, will see 574 apartments delivered across nine buildings designed by&nbsp;<a href="/architects/fk-australia" target="">Fender Katsalidis</a>&nbsp;and&nbsp;<a href="/architects/candalepas-associates">Candalepas</a>&nbsp;Associates.

Read more:&nbsp;<a href="/news/nsw/first-look-exclusive-deicorp-submit-plans-for-joynton-square-mixed-use-zetland-precinct">First look exclusive: Deicorp submit plans for Joynton Square, mixed-use Zetland precinct</a>

<img alt="First look exclusive: Deicorp submit plans for Joynton Square, mixed-use Zetland precinct" 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/Screenshot%202024-07-13%20at%2010.47.05%E2%80%AFAM.png?VersionId=VRb2qLsnaakvT8Lyll54bVMQECaltz7N" /> 
One of the buildings in the Zetland precinct

Deicorp then went again later in July, filing for just under 1,200 apartments in&nbsp;<a href="/developments/five-dock-nsw-2046">Five Dock</a>.

The apartments will be spread across six towers which will sit above a six to eight-level podium&nbsp;that will comprise commercial and retail spaces, including a full-line supermarket and an indoor recreation facility.

A competitive design process has already been held for the project. It invited four architectural firms to prepare a mixed-use development proposal, which was considered by a Jury of five members who unanimously decided that the <a href="/architects/turner-studio">Turner</a> scheme had the best potential to achieve design excellence.

Read more:&nbsp;<a href="/news/nsw/deicorp-lodge-state-significant-development-application-for-1-200-apartments-in-five-dock">Deicorp lodge State Significant Development application for 1,200 apartments in Five Dock</a>

<img alt="Deicorp lodge State Significant Development application for 1,200 apartments in Five Dock" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_900,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-07-31%20at%206.35.47%E2%80%AFPM.png?VersionId=bRW97op0_lKBvUJWbcNrdYS99n6PRaOT" />

There was a significant move just north of the bridge where joint venture partners&nbsp;<a href="/developers/cbus-property" target="">Cbus Property</a>&nbsp;and&nbsp;<a href="/developers/galileo-group" target="">Galileo Group</a>&nbsp;scaled up their plans for their prime 3,950 sqm Walker St site in North Sydney.

They've gone back to the drawing board and brought in Rothelowman to rejig the plans, add more levels, and reconfigure the apartment mix. They are now proposing 258 apartments.

Read more:&nbsp;<a href="/news/nsw/first-look-exclusive-cbus-and-galileo-revise-plans-for-new-north-sydney-apartment-development-east-walker-street">First look exclusive: Cbus and Galileo revise plans for new North Sydney apartment development</a>

<img alt="First look exclusive: Cbus and Galileo revise plans for new North Sydney apartment development" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_900,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-07-11%20at%204.47.10%E2%80%AFAM.png?VersionId=5Yoe1XDt4w_3flgagSB5ejSCn80ZksY_" />

Sydney’s affluent Eastern Suburbs is also set for an injection of supply.

Ali Mohammed's&nbsp;<a href="/developers/positive-investment-enterprise" target="">Positive Investment Enterprise</a> has filed plans for its rare three-lot amalgamation at 80-84 Drumalbyn Road, <a href="/developments/bellevue-hill-nsw-2023">Bellevue Hill</a>.

They're planning 26 two, three and four-bedroom apartments across a six-level building.

<img alt="First look: Positive Investment Enterprise reveal Bellevue Hill apartment plans" 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/Screenshot%202024-07-24%20at%2010.34.11%E2%80%AFAM.png?VersionId=iH6Wu_u1d_jyg.dB.egjYFUVAlEchehl" />

The building, which will cost nearly $34 million to construct, has been designed by MHNDUnion who says the apartment mix is consistent with market demand and would suit the demographic mix of couples, small families, retirees and downsizers living within the surrounding area.

Read more:&nbsp;<a href="/news/nsw/first-look-positive-investment-enterprise-reveal-bellevue-hill-apartment-plans">First look: Positive Investment Enterprise reveal Bellevue Hill apartment plans</a>

Nearby in Woollahra, burgeoning developer <a href="/developers/toohey-miller">Toohey Miller</a> is continuing its expansion into Sydney's most expensive property markets, with plans for a new $29 million development designed by&nbsp;<a href="/architects/smart-design-studio">Smart Design Studio</a> at 3 Fullerton Street, just behind Matt Moran's The Chiswick and a short walk from Woollahra's amenity on Ocean and Queen Streets.<img alt="First look: Toohey Miller reveal new Woollahra apartment plans" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_900,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-07-24%20at%202.02.13%E2%80%AFPM.png?VersionId=bX1YmDkVQUztIuMYYAQGOz9bPc52fcR7" />

The new development will be part five, part six level and home 15 apartments, the majority three-bedders.

Since announcing themselves on the development scene in 2022,&nbsp;<a href="/developers/toohey-miller">Toohey Miller</a>&nbsp;has been busy acquiring sites across some of Sydney's best suburbs.

They've&nbsp; the majority of apartments in their luxury&nbsp;<a href="/developments/elizabeth-bay-nsw-2011">Elizabeth Bay</a>&nbsp;apartment development,&nbsp;<a href="/new-apartments/no-1-onslow-place-elizabeth-bay-1-onslow-place-elizabeth-bay">No.1 Onslow Place</a>. They're a joint venture partner on&nbsp;<a href="/new-apartments/muse-potts-point-30-34-brougham-street-potts-point">Muse Potts Point</a>&nbsp;nearby, while they're putting the finishing touches to their approved Darlinghurst apartment development,&nbsp;<a href="/new-apartments/henri-house-349-liverpool-street-darlinghurst">Henri House</a>.

Read more:&nbsp;<a href="/news/nsw/first-look-toohey-miller-reveal-new-woollahra-apartment-plans">First look: Toohey Miller reveal new Woollahra apartment plans</a>

Read more:&nbsp;<a href="/news/nsw/city-beat-july-2024-sydney-units-continue-to-outperform-houses">City Beat July 2024: Sydney units continue to outperform houses</a>

Read more:&nbsp;<a href="/news/nsw/city-beat-june-2024-sydney-off-the-plan-apartment-development-plans-pile-up-as-unit-growth-continues">City Beat June 2024: Sydney off the plan apartment development plans pile up as unit growth continues</a> 
&nbsp;

City Beat August 2024: Sydney's new apartment market secures record sales and city-shaping development plans

Rhodes has become a popular spot for some of Sydney's biggest developers.

The likes of Billbergia and Deicorp have taken to the peninsula suburb to develop some of its most architecturally striking skyscrapers.

However the latest plans, filed by a company linked to Joseph and Pierre Jacobs of Prolet Construction, are for something more boutique.

They're seeking to develop an eight-level building on a&nbsp;1854 sqm triangular site at 2-4 Denham St. It will have 34 apartments above three basement levels of parking for 34 cars and 68 bicycles.

There will be six one-bedroom apartments on offer, 18 two-beds, and 10 three-bed apartments.

Designed by <a href="/architects/pbd-architects">PBD Architects</a>, the Denham St development will incorporate a podium form to create a balanced, human-scale streetscape that aligns with the existing lower-scale development and the desired future character of the area.

<img alt="2-4 Denham St Rhodes apartment development" data-entity-type="file" data-entity-uuid="390e9770-9753-4404-8da6-156251650e46" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/2-4%20Denham%20St%20Rhodes.png?VersionId=bkOjwx_MaDyueVq3e8wT6xX6CoNMnIHo" />

The building's massing and façade details are designed to harmonise with the local character while responding to the sun, views, setbacks, and the site's context.&nbsp;

The design is characterised by using differently pigmented precast concrete and a curtain wall system, which are durable and hard-wearing materials to ensure the development's longevity and enhance its integration into the neighbourhood.

The apartments are designed to maximise the north-facing aspect, ensuring adequate daylight access during winter, with private open space balconies or terraces to further maximise cross-flow ventilation.

<img alt="2-4 Denham St" data-entity-type="file" data-entity-uuid="3d1b9a15-960c-4452-bf38-58f956659b96" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/2-4%20Denham%20St%20Rhodes%20site.png?VersionId=1kUPX39iUzOURy3DX4Qe4vNjz4Is4eU_" /> 
The developer has also collaborated with landscape architect <a href="/landscape-architect/site-image">SITE IMAGE</a> to integrate the building design with its natural surroundings, using a predominantly native planting palette to soften the building footprint and connect it with the existing local environment.

Strategically located, Denham St is conveniently within 210 metres from a proposed primary school site, 450 metres from a proposed ferry wharf, and 750 metres from the Rhodes train station.

First look: New Rhodes apartments pitched

In the heart of <a href="/developments/newcastle-west-nsw-2302">Newcastle West</a>, iCIRT-rated developer <a href="/developers/gwh">GWH</a> is crafting a new architectural icon, ONE Apartments on National Park Street.

The under-construction development offers expansive floor plans that are 20 per cent larger than the local market average, catering to a diverse range of homeowners.

Designed by the renowned <a href="/architects/marchese-partners">Marchese Partners</a> in collaboration with local firm CKDS, <a href="/new-apartments/one-apartments-newcastle-west-1-national-park-street-newcastle-west">ONE Apartments</a> consists of two towers, rising 22 and 19 levels, and connected by a four-level podium housing commercial spaces.&nbsp;

[smartcode_project:default project_id=24247 project_image_fid=281096]

With construction underway at ONE Apartments, we visited the onsite display suite on One National Park Street and spoke to&nbsp;GWH's Peter Kunov and George Araujo to find out more about the development.

<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/Auz9mk1aIhw?si=dEkXpV64j62wFaS1" title="YouTube video player" width="560"></iframe>

ONE Apartments&nbsp;will feature 193 one, two, and three-bedroom apartments, each offering open-plan living areas that extend to private winter gardens. These spaces provide residents with stunning views of Newcastle Harbour, Stockton, Merewether, and the Watagan Mountains.

Future residents will have the option to choose between light and dark colour palettes, featuring natural, earthy tones. The interiors are designed with premium finishes, and the kitchens are equipped with top-of-the-range Smeg appliances, blending style and functionality.

Residents will enjoy access to an outdoor heated pool, a state-of-the-art gym, a sauna, a private Ultra HD cinema, and a bookable private function room.&nbsp;

[smartcode_project:default project_id=24247 project_image_fid=281101]

The development also boasts two all-weather rooftop entertainment areas: the Scenic Lounge on the 22nd floor of the South Tower and the Harbourview Lounge atop the 19th floor of the North Tower. These spaces provide 360-degree views of Newcastle, perfect for hosting gatherings or relaxing.

ONE Apartments is within walking distance from Darby Street eateries, parks, the Civic Theatre, Newcastle Interchange, the Honeysuckle foreshore precinct, and various retail stores.

[smartcode_project_cta:default project_id=24247]

Inside ONE Apartments, Newcastle's newest apartment development: Urban's display suit tour

Deicorp has launched its first apartment project in Rhodes, as the prominent developer continues to expand its footprint Sydney-wide.

The new development, <a href="/new-apartments/marquet-mary-rhodes-1-9-marquet-street-rhodes-nsw-2138">Marquet &amp; Mary</a>, will bring 212 apartments to the heart of <a href="/developments/rhodes-nsw-2138">Rhodes</a>, directly connected to Rhodes Central shopping centre and within walking distance of Rhodes Train Station.

Named after its positioning on the corner of Marquet and Mary streets, the 32-level tower has been designed by&nbsp;<a href="/architects/fk-australia">Fender Katsalidis</a>&nbsp;following a design excellence competition.

[smartcode_project:default project_id=141515 project_image_fid=287869]

There are one, two and three-bedroom apartments on offer, each with views of either east back to the Sydney skyline, or west to the Blue Mountains.

True to Deicorp's vision of not only creating a tower but instead creating a community, the apartments will sit above a four-level podium that will include commercial and retail space. Residents will also have access to a rooftop terrace and garden, as well as another courtyard garden.

[smartcode_project:default project_id=141515 project_image_fid=287859]

Deicorp’s Chairman, Fouad Deiri OAM, said the landmark building will bring much-needed new homes to the heart of Rhodes.

“Designed by one of Australia’s leading design practices, FK, Marquet &amp; Mary delivers on Deicorp’s business values of strong design and high-quality amenity,” Deiri said.

FK Partner Craig Baudin said Canada Bay City Council's swift approval of the development application underscores the recognition that this project goes beyond simply providing much-needed housing.

[smartcode_project:default project_id=141515 project_image_fid=287867]

The design by Fender Katsalidis was selected by the City of Canada Bay Council Design Jury for its elegant internal apartment planning, tripartite vertical rhythm of the facade, and human-scaled design of the podium.

The central courtyard will provide light and natural ventilation, while a new public plaza at the southern entrance and a landscaped laneway with active retail use on the ground level aim to connect the greater Rhodes area.

[smartcode_project_cta:default project_id=141515]

mikah.m@urban.com.au

Deicorp launch latest Sydney apartment development, Marquet & Mary in Rhodes

Joint venture partners Deicorp and PAYCE have launched the first collection of apartments in their $700 million Melrose Park development.

<a href="/new-apartments/melrose-central-melrose-park-33-hope-street-melrose-park-nsw-2114">Melrose Central</a>&nbsp;will form part of the 30 hectare&nbsp;Melrose Park North Urbal Renewal Project&nbsp;near the Parramatta River and will deliver just under 500 one, two and three-bedroom apartments starting from $650,000.

The six buildings designed by <a href="/architects/turner-studio">Turner Studio</a> will sit above a five-level podium that will home a 30,000 sqm shopping centre anchored by a Coles supermarket and supported by several speciality stores, health and wellness facilities, and retail and hospitality venues.

&nbsp;

[smartcode_project:default project_id=134220 project_image_fid=289882]

Melrose Central has been eight years in the making. The initial planning discussions for the unused site kicked off back in 2016.

One of the biggest drawcards to Melrose Central will be how connected it is to Greater Sydney. It will have its own station as part of the Parramatta Light Rail Link which will be two stops to Wentworth Point, near its ferry terminal, six stops to Sydney Olympic Park, and nine stops to Parramatta.

[smartcode_project:default project_id=134220 project_image_fid=289877]

The development will incorporate private communal spaces and reinforce key site links established in the masterplan, dividing the large site into smaller, walkable building footprints.

The project will feature four distinct quadrants, each with its unique colour palette, materials, and place-making elements to emphasise the identity of the corner buildings.

[smartcode_project:default project_id=134220 project_image_fid=289888]

Stage one will see the five-level podium constructed, as well as three of the buildings. They will rise six, 15, and 24 levels, with the same heights planned for the other three buildings.

Early site works kicked off on site back in February. Deicorp is expecting Melrose Central to be complete by 2027. There will be around 6,000 apartments in the broader Melrose Park precinct.

<a href="/developers/deicorp">Deicorp</a>, founded in 1999 by&nbsp;Fouad Deiri, is currently building&nbsp;4,400 new apartments across 11 projects in Greater Sydney.

Their recent applications have been for new precincts in <a href="/news/nsw/first-look-exclusive-deicorp-submit-plans-for-joynton-square-mixed-use-zetland-precinct">Zetland</a> and <a href="/news/nsw/deicorp-lodge-state-significant-development-application-for-1-200-apartments-in-five-dock">Five Dock</a>.

[smartcode_project_cta:default project_id=134220]

Melrose Central has been eight years in the making. The initial planning discussions for the unused site kicked off back in 2016

First opportunity to buy Melrose Central apartments in Melrose Park

Demand for new apartments on the Lower North Shore increased to their highest levels in over two years in the second quarter of 2024.

Data from <a href="https://industry.urban.com.au/data-insights">MatterFact</a>, <a href="/" target="">Apartments.com.au's</a>&nbsp;new data product, showed enquiry jumped 20 per cent between Q1 2024 to Q2 2024 across Lower North Shore suburbs, with the likes of <a href="/new-apartments/north-sydney-nsw">North Sydney</a>, <a href="/new-apartments/crows-nest-nsw-2065">Crows Nest</a>, <a href="/new-apartments/mosman-nsw-2088">Mosman</a> and <a href="/new-apartments/roseville-nsw-2069">Roseville</a> seeing the largest increases.

Enquiry hasn't been at this level since 2022.

Increased levels of enquiry were the most prevalent at the upper end of the market. While the most popular price point enquired on across the Lower North Shore in Q2 2024 was between $1.5 million to $2 million, the biggest increase in enquiry came in the $3.5 million to $4.5 million range.

Smaller, boutique apartment developments in some of the Lower North Shore's most affluent suburbs saw a lot of interest, while the ever-popular <a href="/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA by Aqualand</a>, recently completed by Aqualand's inhouse construction arm on North Sydney's dress circle Walker Street, saw an increase in its luxury three-bedroom apartments toward the top of the Woods Bagot designed tower.

[smartcode_project:default project_id=30959 project_image_fid=286062]

The suburb search on Apartments.com.au didn't throw up too many curveballs for the Lower North Shore compared to recent quarters.&nbsp; The most searched suburb for every quarter over the&nbsp;last 12 months has been <a href="/developments/chatswood-nsw-2067">Chatswood</a>,&nbsp;one of the northernmost suburbs in the Lower North Shore.

There are only a handful of new apartment developments in the market in Chatswood. Central Element's <a href="/new-apartments/ethos-15-ellis-street-753-pacific-highway-chatswood">Ethos Chatswood</a> launched in late 2022 and is on track to complete its construction by late 2025. Over 70 per cent of the 49 apartments have sold to date. Goldfields Group is developing <a href="/new-apartments/the-bryson-of-chatswood-871-877-pacific-highway-chatswood">The Bryson of Chatswood</a> nearby, 70 apartments across a 23-level tower.

The newest entry to the Chatswood new apartments market has been <a href="/new-apartments/hammond-greens-chatswood-5-9-gordon-avenue-chatswood">Hammond Greens</a>&nbsp;by Tian An, one of Australia’s oldest listed property developers. The FJC Studio designed tower offers 64 apartments across 27 levels on Gordon Avenue, next to the Chatswood Bowling Club.

The apartments will sit above&nbsp;1,476 sqm of retail and commercial space, aiming to offer a diverse hybrid work environment and communal spaces to foster connection with the local and broader community.

[smartcode_project:default project_id=142900 project_image_fid=252178]

Chatswood buyers are expected to have more choice next year given the number of development applications filed last year following the amendment to the&nbsp;Chatswood CBD Planning and&nbsp;Urban Design Strategy&nbsp;2026. The amendment saw the CBD boundary expanded to the north which opened up the height limit to another area of the city.

Last year Bridgestone <a href="/news/nsw/bridgestone-file-for-two-tower-chatswood-apartment-project">filed for two towers with 95 apartments</a>, while VIMG <a href="/news/nsw/first-look-vimg-plot-two-tower-chatswood-apartment-development-nelson-place">wants to develop two towers</a> with over 190 apartments.

Busy developer <a href="/developers/billbergia">Billbergia</a> also proposed two new towers, their first development in the area. They're planning <a href="/news/nsw/billbergia-focus-on-hybrid-remote-working-at-new-chatswood-apartment-development">two slim 27-level towers with 251 apartments</a> atop a podium with retail, commercial showrooms and&nbsp;flexible SOHO style live/work offerings.

<a href="/developers/coronation-property">Coronation Property</a> is expecting to launch its Chatswood tower in 2025. That will have around <a href="/news/nsw/coronation-property-acquires-200-million-chatswood-development-site-expect-130-apartment-tower">114 apartments at 57-61 Archer Street</a>, in the centre of the suburb and across the road from key amenities including Westfield Chatswood and Chatswood Chase.

<img alt="Coronation" data-entity-type="file" data-entity-uuid="f05e8633-0532-4cfa-a309-20e7fd32fbcf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-06%20at%2010.10.18%E2%80%AFAM.png?VersionId=uTqa0zg.Zj88AMRoj3nP.s_N5aLFdrJl" />Coronation Property's Chatswood apartment development on Archer Street. Image credit: Coronation Property

There's been noteworthy development applications filed in Q2 2024, pointing to further improved supply in the medium term.

<a href="/developers/cbus-property">Cbus</a> and Galileo <a href="/news/nsw/first-look-exclusive-cbus-and-galileo-revise-plans-for-new-north-sydney-apartment-development-east-walker-street">revised plans for their North Sydney apartment development</a> on Walker Street, just up the road from AURA by Aqualand.

Urban revealed in mid-2022&nbsp;<a href="/news/nsw/first-look-cbus-lodge-plans-for-striking-walker-street-apartment-tower-in-north-sydney">Cbus' original plans</a>&nbsp;for the new on a prime 3,950 sqm site across 173-179 Walker Street and 11-17 Hampden Street.

They've gone back to the drawing board and brought in&nbsp;<a href="/architects/rothelowman" target="">Rothelowman</a>&nbsp;to rejig the plans, add more levels, and reconfigure the apartment mix to have 258 apartments, over five per cent of which are reserved for affordable housing which now triggers increased height levels for new apartment developments.

Developer <a href="/developers/twt-property-group">TWT</a> is pushing forward with its multi-stage, 9,500 sqm masterplan <a href="/new-apartments/the-collective-crows-nest-23-35-atchison-st-crows-nest">The Collective</a>, on the fringe of Crows Nest. Soon to launch the first building of apartments, TWT <a href="/news/nsw/first-look-exclusive-twt-expand-1-billion-st-leonards-precinct">filed for a future stage</a>, two mixed-use buildings with 137 apartments above what will become a thriving commercial, retail and hospitality precinct.

Earlier this year&nbsp;<a href="/news/nsw/twt-appoint-westbourne-construction-to-build-first-stage-of-1-billion-st-leonards-masterplan-the-collective">TWT apppointed Westbourne Constructions</a>&nbsp;as the builder of the masterplan.

The inaugural phase of The Collective will introduce 93 residences with one to four-bedroom configurations. The low-density design has been created by Team2 Architects and will have interiors by DBI.

What are new apartment buyers in Sydney's Lower North Shore looking for? MatterFact Insight

Integrated builder, architect and developer TQM is planning more apartments in Sydney's burgeoning southern suburbs.

They've sought to develop a 12-level building at 41-51 Duncan Street, Arncliffe, in between <a href="/developments/arncliffe-nsw-2205">Arncliffe</a> Station and Kogarah Golf Club. It will have 94 one, two and three-bedroom apartments. It will sit next to their recently completed development, <a href="/buildings/ventura-residences-arncliffe-2-kyle-street-arncliffe">Ventura Residences</a>.

There had been previous approval from Bayside Council for 60 apartments across a seven-level building before the upscale plans were recently submitted for the&nbsp;3,070 sqm site on the corner of Duncan Street and Kyle Street.

<img alt="Duncan St Arncliffe" data-entity-type="file" data-entity-uuid="39ae54f7-11bc-4c06-9d90-d3136c41ce8b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-06%20at%209.05.13%E2%80%AFAM.png?VersionId=S68t.DO7qRRtInHx9Kzqg6rz9d1n3rjJ" />

The $32 million project aims to address the demand for affordable housing, targeting very low to moderate-income households and providing adaptable living options for people with disabilities.&nbsp;

The development will offer 11 one-bedroom, 69 two-bedroom, and 14 three-bedroom apartments atop a three-level basement for 92 residential parking spaces, 19 visitor parking spaces, eight motorcycle spaces, and 114 bicycle spaces.

The Duncan Street development was designed by <a href="/architects/design-workshop-australia">Design Workshop Australia</a> to maximise solar access and minimise overshadowing, with units primarily facing north.&nbsp; The building layout also ensures adequate separation between structures for ventilation, daylight, and outlook.

The project will also include 1,161 sqm of communal open space and landscaping that will feature indigenous plants to integrate with the natural environment.

<a href="/developers/tqm-group">TQM</a>, founded in 1999 by Maroun Taouk, has an extensive pipeline of apartments, predominantly in South Sydney, but as far south as Wollongong and as far north as Gosford.

They're currently selling <a href="/new-apartments/fox-lane-rockdale-499-princes-highway-rockdale">Fox Lane in Rockdale</a>, <a href="/new-apartments/lotus-residence-hurstville-105-forest-road-hurstville">Lotus Hurstville</a>, and <a href="/new-apartments/the-grand-gosford-27-37-mann-street-gosford">The Grand Gosford</a>.

TQM file for more Arncliffe apartments

As Sydney exits winter, the Eastern Suburbs new apartment market is starting to hot up once more.

Despite the chill setting in, enquiry across Australia's most affluent region remained strong.

Q1 2024 saw the highest level of enquiries for the Eastern Suburbs on Urban since 2022, surpassing the previous peak in Q4 2023, according to data from <a href="https://industry.urban.com.au/data-insights">MatterFact</a>, Apartments.com.au's new data product.

While demand cooled from the Q1 spike, Q2 2024 was comparable with Q4 2023, showing a prolonged increase in demand in the last three quarters in the Eastern Suburbs.

Demand in Q1 2024 was primarily driven by the upper end of the market. There were more enquiries for apartments between $2.5 million and $4 million than there were for apartments priced under $2.5 million.

Q2 saw a shift back to affordability, with the final release of apartments at Crown Group's <a href="/developments/eastlakes-nsw-2018">Eastlakes</a> apartment development, <a href="/buildings/the-grand-residences-eastlakes-16-evans-avenue-eastlakes">The Grand Residences</a>. The two-bedroom apartments in The Grand Residences are selling for well below $1 million.

Due to a shareholder dispute, Crown Group was placed into provisional liquidation in August 2023. The apartments are now being released to the market in an ordinary wind-down of the Group. &nbsp;

The first stage of the project, above a vibrant precinct with 15 retailers, features Crown Group’s signature high-end amenity that includes a 25-metre heated pool, gym, landscaped gardens, BBQ facilities, and rooftop deck with panoramic views.

[smartcode_project:default project_id=7652 project_image_fid=262585]

<a href="/developments/bondi-junction-nsw-2022">Bondi Junction</a> proved to be the most popular eastern suburb in Q2 2024. It was the most searched postcode on Urban in the three months to July, followed by <a href="/developments/rose-bay-nsw-2029">Rose Bay</a>, <a href="/developments/bellevue-hill-nsw-2023">Bellevue Hill</a> and <a href="/developments/maroubra-nsw-2035">Maroubra</a>.

<a href="/new-apartments/the-centennial-collection-east-sydney-2-nelson-street-bondi-junction">The Centennial Collection</a>, at the eastern end of Bondi Junction bordering Centennial Park, is the only&nbsp;new development in market in the area. The two adjoining 10-level buildings with 73 apartments feature two swimming pools, one on the roof and one winter pool, protected on the side of one building.

The Centennial Collection is on target to be completed by late 2025.

[smartcode_project:default project_id=136076 project_image_fid=212615]

Its developer, Stargate, <a href="/news/nsw/first-look-exclusive-stargate-seek-new-oxford-st-bondi-junction-apartment-development">filed plans for another Bondi Junction site</a>&nbsp;recently, just 400 metres down the road from The Centennial Collection. They're proposing 111 apartments across a 15-level building designed by SJB at 362-384 Oxford Street, on the corner of Oxford and Newland Street.

There's been significant newsworthy activity across the Eastern Suburbs in Q2 2024, however the most significant was probably from Bondi Beach where the penthouse atop Hall &amp; Campbell at 124-126 Campbell Parade, developed by Allen Linz's Rebel Property and Eduard Litver's Capitel Group, <a href="/news/nsw/hall-campbell-sets-new-apartment-record-in-bondi-beach">sold for a record $105,000 per square metre</a>.

The $23 million, five-bedroom apartment sits atop the building that is currently under construction by Trescon.

The redevelopment of the&nbsp;<a href="/news/nsw/coogee-bay-hotel-redevelopment-gets-the-green-light-after-five-years-of-planning">Coogee Bay Hotel into a mixed-use development</a> with 58 new apartments above 11 new retail spaces was greenlit, while builder, developer, and architect powerhouse <a href="/developers/orosi">Orosi</a> sought to create <a href="/news/nsw/first-look-exclusive-orosi-plan-rose-bay-shoptop-on-key-gateway-site">one of the largest developments</a> Rose Bay has seen in decades.

<img alt="Orisi" data-entity-type="file" data-entity-uuid="a20f43b1-e0f0-41a3-847d-2e48134b7cab" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-05%20at%2010.32.52%E2%80%AFAM.png?VersionId=vENx8CogDGDxxynmUV4eXN_0lctM.MSq" />The Rose Bay plans submitted by Orosi for <a href="/new-apartments/orosi-rose-bay-1-the-avenue-rose-bay">1 The Avenue</a>. Image supplied

At the halfway point in the year, we pulled together the top new proejcts that are expected to be live and in market before the end of 2024.

To see that list, which covers projects in Bondi, Edgecliff and Rose Bay, <a href="/news/nsw/the-eight-hottest-off-the-plan-apartment-developments-coming-to-sydney-in-2024">click here</a>.

What are new apartment buyers in Sydney's Eastern Suburbs looking for? MatterFact Insight

The Avidan family's DARE Property Group is taking its well-regarded Eastern Suburbs development ethos to Mosman, where they're planning on bringing in a new era of shoptop housing to the Lower North Shore's most affluent suburb.

Earlier this year <a href="/developers/dare-property-group">DARE</a> secured a prime&nbsp;1,286 sqm, triple site at&nbsp;696, 700 and 706 Military Road, in the heart of Mosman.

It is&nbsp;currently occupied by tired shoptop housing, which is set to make way for&nbsp;<a href="https://www.apartments.com.au/new-apartments/amara-mosman-696-706-military-road-mosman-nsw-2088">AMARA</a>, a fresh new building designed by DKO Architecture who says the proposal considers Mosman’s eclectic character, materiality and colour along Military Road and heritage surrounds.

"As&nbsp;Mosman evolves further to meet changing conditions, it is vital that its architecture and built fabric changes to preserve and improve on its identity, while responding to the needs of a new generation," DKO noted in the Design Outline submitted to the local council.

<img alt="DARE" data-entity-type="file" data-entity-uuid="cbc79f40-4763-4e74-9826-089fbf16aeb7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-05%20at%209.14.10%E2%80%AFAM.png?VersionId=Qckx.F2O3M6oTEFn.elZpxX6f05BlPaw" />

The plan is for 27 apartments above a revived street-level retail. There will be one, two and three-bedroom largescale apartments on offer.

The apartments wrap around a central courtyard which DKO says is a key feature for the project and a point of difference for the development's community.

"Open to the sky, this central courtyard is filled with natural daylight, allowing plants to thrive. Additionally, planters off each level’s residential lobby places nature at the doorsteps of individual homes. With common corridors open to the sky and landscape, a unique entry experience is crafted for residents."

<img alt="DARE" data-entity-type="file" data-entity-uuid="c8a324c2-5cfe-448d-a5fe-f832ec05a028" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-05%20at%209.15.44%E2%80%AFAM.png?VersionId=BPcSeEYttGWgCoFP17PDUebF1SZemBEb" />

David Avidan says Mosman is at a crucial point in the suburb's lifecycle.

"As consumers pivot away from shopping malls, the opportunity has never been greater to reinvigorate the local streetscape with European-style cafes, bars and desirable retail," Avidan said.

"DARE is committed to delivering a project that will meet the needs of the Mosman community, as well as compliment the existing village life by way of delivering spaces that will attract renowned retailers who would have previously overlooked the idyllic enclave” &nbsp;

DARE is committing to the NSW Government's push for affordable housing. Eight of the 27 apartments will be affordable housing.

"Providing diversity in housing for the Mosman community assists in creating a vibrant and inclusive neighbourhood," DKO noted.

DARE Property Group has predominantly operated in the luxury Eastern Suburbs market. They're currently developing <a href="/buildings/fontaine-vaucluse-63-new-south-head-road-vaucluse">Fontaine at Vaucluse</a>, just six luxury apartments, as well as <a href="/new-apartments/piper-2a-wunulla-road-point-piper">Piper</a>, 15 apartments on Point Piper's dress circle Wolseley Road in a joint venture with Fortis.

In mid-2023 DARE completed <a href="/new-apartments/kalypso-63-fletcher-street-tamarama">Kalypso</a> in Tamarama, where the $17 million penthouse sold for a record $96,500 per sqm.

"As consumers pivot away from shopping malls, the opportunity has never been greater to reinvigorate the local streetscape with European-style cafes, bars and desirable retail," David Avidan said.

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