Developer DVB Projects has been given the go-ahead to build another Broadbeach apartment development.

<a href="https://www.urban.com.au/developers/DVB-Projects" target="">DVB</a>, currently in the construction phase of&nbsp;<a href="https://www.urban.com.au/new-apartments/broadbeach-qld-4218">Sea Glass</a> in <a href="https://www.urban.com.au/new-apartments/broadbeach-qld-4218">Broadbeach</a>, has scored approval for another high-end tower at 137 Old Burleigh Road, replacing the 1980s, 12-unit Gala building on the prime 1,156 sqm site.

The new&nbsp;32-level tower, designed by <a href="https://www.urban.com.au/architects/rothelowman" target="">Rothelowman</a>,&nbsp;will home 39 half and full-floor luxury apartments starting from 230 sqm.

&nbsp;

<img alt="DVB" data-entity-type="file" data-entity-uuid="c5a530ee-6bdb-4b55-a653-a9fb8ab40f01" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-01-13%20at%2011.29.25%E2%80%AFAM.png?VersionId=7riWoBp7lPih1l24wvr07muXW3CMe3NW" />

The designs had to be tweaked a little after feedback from the Gold Coast City Council, namely around the podium design and accompanying landscaping.

After a seven-month process from application to approval, council cited several factors that align the project with the area's urban planning goals.&nbsp;

"The proposed development positively contributes to housing choice and affordability through the provision of 126 beds within the High density residential zone," council noted in its approval documentation.

"The proposed development provides a high density, high-rise outcome that is considered to be an efficient use of land within the light rail urban renewal corridor."

They said the&nbsp;proposed design incorporates adequate modulation and articulation as well as generous landscaping to soften the built form appearance, protect adjacent amenity, and contribute to the streetscape character.

The building will feature a whole floor of communal amenities on the podium’s sixth level and will feature a 20-metre infinity pool, plunge pools, a gym, sauna, barbecue areas, and private dining spaces.

<img alt="DVB" data-entity-type="file" data-entity-uuid="6196c2e2-6b56-472a-87d2-793dfab3dd24" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-01-13%20at%2011.29.19%E2%80%AFAM.png?VersionId=dSaJT.al7j3uE7sJTR7Q882ulKxfZBQd" />

&nbsp;

&nbsp;

The building continues DVB's efforts in the high-end space on the Gold Coast. Sea Glass, around one kilometre north of the new project on the corner of First Avenue and Old Burleigh Road, has 29 half and full-floor apartments, also designed by Rothelowman.&nbsp;

Sea Glass is currently under construction and is slated for completion in early 2027.

After a seven-month process from application to approval, council cited several factors that align the project with the area's urban planning goals

Joel Robinson

DVB approved for second Broadbeach apartment development

National developer Walker Corp is taking expressions of interest for its newest residential apartment developer, SOL by Walker in Maroochydore on the Sunshine Coast.

Prices start from $660,000 for the apartments which will form part of the $220 million mixed-use development in the heart of the <a href="https://www.urban.com.au/developments/maroochydore-qld-4558">Maroochydore</a> CBD, one of just a handful of greenfield CBD's in the world and Australia's first truly smart city.

<a href="https://www.urban.com.au/developers/walker-corporation">Walker Corp</a>, founded by the late pioneering developer Lang Walker, is one of the joint venture partners delivering the new Maroochydore City Centre alongside the Sunshine Coast Council and SunCentral Maroochydore.

[smartcode_project:default project_id=147777 project_image_fid=319853]

<a href="https://www.urban.com.au/new-apartments/sol-by-walker-maroochydore-first-ave-maroochydore">SOL by Walker</a> will feature two 19-level towers with 250 one to three-bedroom apartments and four-bedroom penthouses.

"Billions of dollars are being invested into the Maroochydore City Centre to create a purpose-built CBD for people to work and live, and these new apartments will offer terrific options for everyone from singles and families to couples and downsizers", Walker Managing Director and Chief Executive Officer David Gallant says. says.

“Within walking distance of the beach, major retail centres and the future Maroochydore Railway Station, the project will offer a range of products including over 50 one-bedroom apartments, which are in short supply on the Sunshine Coast.”

[smartcode_project:default project_id=147777 project_image_fid=319846]

Walker Corp's in-house design team has worked with Plus Architecture to carefully curate communal spaces for residents, including a sunlit recreation deck with a 20-metre pool featuring a family-friendly shallow area, spa and cold plunge pools, saunas, steam rooms, BBQ facilities and dining areas.

<a href="https://www.urban.com.au/architects/plus-architecture">Plus Architecture</a> Principal Chrisney Formosa described the architectural vision. 
 
"Drawing inspiration from the Sunshine Coast's natural beauty, SOL seamlessly integrates coastal living with urban sophistication. Our design delivers spaces that harmonise with the local climate, prioritise user comfort and foster community connection.”

“Every element, from the subtropical landscaping to the innovative amenities, has been meticulously crafted to redefine city living in Maroochydore."

[smartcode_project:default project_id=147777 project_image_fid=319847]

The apartments will sit above a three-level commercial and retail podium that will activate the ground plane.

SOL by Walker will rise from a prime site on the corner of First Avenue and South Sea Islander Way, a short walk to Sunshine Plaza&nbsp;

[smartcode_project_cta:default project_id=147777]

SOL by Walker will feature two 19-level towers with 250 one to three-bedroom apartments and four-bedroom penthouses

Walker Corp reveals SOL by Walker, Maroochydore apartments

Rhett Williams' RG Property Group is the latest to join the residential apartment development scene in the booming Brisbane Games Precinct around Woolloongabba.

RG Property, a diversified developer predominantly playing in the shopping centre and office space nationally, recently acquired the 1,619 sqm site at 169 Wellington Road, East Brisbane, just 800 metres from The Gabba. The site purchase came with approval for a 50-unit, eight-level building.

The developer is seeking to push the height to 10 levels, and increase the density to 72 apartments.

Now on offer will be nine one-bedroom apartments, 36 two-beds, and 27 three-bed apartments. A rooftop will home swimming pool, pool deck, a bar, and a barbecue and alfresco area. There will also be a gym on the podium level.

<img alt="Rooftop" data-entity-type="file" data-entity-uuid="7fa7be62-7ac8-403b-bd3d-651c224b8507" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-01-09%20at%203.07.28%E2%80%AFPM.png?VersionId=Y1fPPvWPgoNmUuVhfk__JaRXRXRuE0SS" />

MAS Architecture has come in for the redesign of the building.

The tower is to be called The Banksii, in response to its design that was inspired by the Banksia flower.

In the documents submitted, MAS said the design concept draws deeply from the Grevillea Banksii, a flowering plant native to Queensland which is&nbsp;mostly found on the Queensland coast from Ipswich to Yeppoon, but sometimes further inland. The shrub, or slender tree, has divided leaves with four to twelve narrow lobes, and creamy white to bright scarlet and yellow flowers.

MAS said the 10-level residential tower is "poised to redefine East Brisbane’s urban fabric."

"Framed by the city skyline to the north, the river to the east, and parklands with mountain vistas to the west, the site presents a rare opportunity to celebrate Brisbane’s distinct landscape.

"The re-imagined ground plane aims to anchor the building within its context, combining landscaped elements with communal spaces to enhance its connection to the streetscape. The architectural design responds by creating a striking yet contextually grounded presence, balancing inspiration from nature with a refined urban sensibility."

<img alt="East Brisbane" data-entity-type="file" data-entity-uuid="29c62e47-db1c-4a13-bfa0-19a69bf757f3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-01-09%20at%203.07.37%E2%80%AFPM.png?VersionId=.KkSmV_o4bux1FDVYRr39h2cz0tadKsX" />

Town planner Urbis noted that, whilst the proposal is generally consistent with the existing approved development, there are additional elements that elevate the design, liveability and public realm to achieve a significant improvement compared to the previous design.

"More glazing has been incorporated to maximize the views of Raymond Park and improve the flow of natural light to each apartment within the tower."

RPG held a pre-lodgement meeting with the Brisbane City Council in October, with the council supportive of the proposed amendments, agreeing that the&nbsp;amendments were relatively minor in nature.

The development will include a laneway that will partially open to the sky and connect Wellington Road to&nbsp;Manilla Street. It will also provide the opportunity for a public art installation.

RG also has approved plans for a former bread factory in Fortitude Valley. The plans 15-level tower, rising from the heritage-listed building that would home 118 apartments, were approved in 2023.

The Woolloongabba precinct is a buzz with both private and public infrastructure projects. Mosaic has a second project in Kangaroo Point <a href="https://www.urban.com.au/new-apartments/77-linton-street-kangaroo-point">pending launch on Linton Street</a>, while Sarazin is currently developing <a href="https://www.urban.com.au/new-apartments/murcia-residences-east-brisbane-9-overend-street-east-brisbane">Murcia on Overend Street</a>.

The developer is seeking to push the height to 10 levels, and increase the density to 72 apartments

First look: RG Property files for Brisbane Olympic Games precinct apartment tower

Buying off the plan isn't for everyone.

Every building begins as a new build before aging into the secondhand property market, much like cars transition from the showroom to the used car lot. While most Australians purchase established homes—akin to the prevalence of used cars on our roads—the majority of property buyers are more familiar with existing real estate.

While the concept of off the plan purchasing has been around for decades, the trend only really gained momentum in Australia in the 2000s, following a recovery from the early 1990s recession. As the market stabilized, property developers increasingly saw opportunities in multi-residential developments, particularly in major cities like Sydney, Melbourne, and Brisbane.

As urban centers grew, there was rising demand for apartments, particularly in inner-city areas. The trend toward apartment living grew as people sought more affordable and convenient living options close to city centers.

Now, off the plan buying in Australia is widespread and growing, and the type of purchasing has become favorable for those who are willing to wait for construction to complete on their new home. It favors first home buyers who want to get into the property market but aren't ready to make repayments or are increasingly frustrated by being outbid at auctions in the more traditional established market.

Downsizers have been the biggest movement in recent years. These buyers typically purchased their family home decades ago and are now ready to move into something closer to the city from the suburbs they've lived in. They seek properties that are low-maintenance and “lock and leave,” ideal for travel in retirement, and prefer buildings with high levels of amenities for added convenience.

While there are many factors that contribute to the popularity of off the plan buying, in this article, we’ve looked at eight of the biggest reasons why people choose this option.

<h2>Floorplans designed for 21st-century living</h2>

The majority of Australia's apartment buildings, particularly the classic 'walk-up' apartments, were built four or five decades ago.

While these properties present at a more affordable price point compared to brand-new developments, they don’t have the modern floorplan configurations that today's buyers expect for 21st-century living.

Many of these older buildings still feature communal coin-operated laundries, carport parking, and lack modern intercom systems for security.

New apartments now typically feature integrated study nooks (a response to the growing work-from-home trend), concealed internal laundries, balconies to extend the main living area, and kitchens with floating islands that create additional prep or dining spaces.

<h2>Customisation</h2>

Off the plan buyers often have the option to customise their apartments. This could be as simple as selecting a color scheme or upgrading appliances, or as significant as combining two apartments to create a larger unit or changing internal walls to adjust room configurations.

For an owner to do this in an established apartment, a renovation of that scale could cost hundreds of thousands of dollars, and it may not even get past the strata committee, which can be notoriously difficult when it comes to apartment renovations.

Read more:&nbsp;<a href="https://www.urban.com.au/news/vic/why-the-ability-to-customise-is-a-crucial-offering-in-the-off-the-plan-apartment-market">Why the ability to customise is a crucial offering in the off the plan apartment market</a>

<h2>Sustainability</h2>

New apartment buildings have a responsibility to focus on sustainable practices.

Most state governments enforce sustainability requirements, and now buildings have to be 7-star NatHERS rated, which means they must include energy-efficient features like double glazing and better insulation.

While it's a positive for the environment, it's also a benefit for new apartment buyers. Energy-efficient appliances and standard practices like solar panels and rainwater harvesting can save thousands on electricity and water bills every year.

You’d be hard-pressed to find an apartment building built before 2000 with solar panels.

<h2>Technology</h2>

Developers today go the extra mile to set their developments apart, and a small feature they often include is advanced technology.

Some developers offer keyless entry systems, whether through keypad door handles or facial recognition, as well as smart home capabilities like routine-driven lights or Wi-Fi-controlled air conditioning. Many fixtures in an apartment, from blinds to air conditioning and lighting, can be controlled remotely via an app, whether at home or not.

This enhances both the functionality and security of living in these buildings.

Developers creating large towers or masterplanned communities in particular understand they're not just building homes, but fostering a community. They&nbsp;go as far as offering a mobile phone application, which, depending on the project, can be used to reserve any of the bookable facilities, request concierge services, or see what community events are taking place.

<h2>Facilities</h2>

One of the biggest differences between apartment buildings from the 1960s and those of today is the level of facilities.

While the facilities offered vary depending on the size of the apartment building, developers dedicate significant resources and floorspace to ensure that residents are well-catered for within the building.

At a minimum, developers allocate large portions of the site for walkable gardens, often landscaped by a professional. Smaller boutique buildings, which may not have a pool or gym, often feature rooftop communal spaces with barbecue facilities and alfresco dining areas.

Larger skyscraper towers go all out with luxury facilities. It's no longer enough to have just a pool and a basic gym. Now, towers are offering facilities that rival those of high-end hotels.

Lap pools, accompanying spas, and daybeds are now standard. Gyms are often replaced with wellness centres that include saunas, hot and cold plunge pools, and rooms reserved for classes or yoga.

Private dining spaces with large communal kitchens have become common, and many developers in Brisbane and the Gold Coast orient these facilities on the rooftop to take advantage of the warmer climate.

In recent years, some towers have even included golf simulators, cinemas, and karaoke rooms. The majority now feature co-working spaces. Buildings with a prominent street presence often include a ground-level café, while those on larger sites may offer multiple hospitality and retail venues at street level, along with office spaces on the lower floors.

Parking is also becoming more innovative, with license plate recognition systems that sometimes eliminate the need for key fobs.

<h2>Location</h2>

The location of new developments tends to be more strategically selected than older buildings.

Developers nowadays ensure their sites are close to major transport links or local amenities like parks, beaches, and shopping areas. Buyers are less willing to compromise on location when they’re paying more than ever before for a new apartment.

<h2>The fact it's brand new</h2>

Much like the customisation reason, the fact that the apartment is brand new is a huge selling point.

There’s no need to upgrade any fixtures or fittings once the apartment is complete. New apartments feature top-of-the-line appliances, typically from brands like SMEG or BOSCH, with some luxury apartments offering Gaggenau appliances.

Additionally, improvements in flooring materials, like engineered timber and stone benchtops, provide durability and a modern finish that is resistant to wear and tear.

<h2>Financial benefits</h2>

Buying off the plan comes with several financial advantages, including potential stamp duty savings in certain states, which can significantly reduce costs on completion.

Additionally, the staggered payment structure in the off the plan market allows buyers to secure a property at today’s prices while saving for settlement during the construction period.

Generally, buyers pay 10 percent upon going unconditional on the contract, with the remaining 10 percent due on completion. Many developers, however, offer flexible deposit terms, which could be as low as five percent.

The deposit is placed in a protected trust account by the developer, ensuring that the money is safe and untouched, while also generating interest during this time. That interest is handed to the buyer upon completion.

Eight reasons why people buy an off the plan apartment

It was another solid growth year in the Gold Coast unit market.

Much like the majority of capital city unit markets, the <a href="https://www.urban.com.au/developments/gold-coast-qld">Gold Coast</a>&nbsp;market has cooled toward the end 2024, with December values remaining flat. However, the start of the year was so strong, and the market softening came much later than other city markets, values still rose 9.1 per cent in 2024, research from property data analytics firm CoreLogic shows.

The Gold Coast median unit value is now $820,000, having started 2024 at $740,000. To put in capital city comparisons, it would fall just behind Sydney's median ($859,000) and well ahead of Brisbane ($680,000).

<h2>What happened in Gold Coast’s off the plan apartment market in December?</h2>

While the majority of cities across the country shut down over the Christmas and New Year period, the Gold Coast market ramps up. Developers are keen to launch projects right up to Christmas, knowing that attention from interstate holidaymakers is particularly high—a trend that has been prominent since the pandemic.

One developer that has bided their time before launching in December is <a href="https://www.urban.com.au/developers/iris-capital">Iris Capital</a>, who, two years after securing approval for their luxury <a href="https://www.urban.com.au/developments/surfers-paradise-qld-4217">Surfers Paradise</a> beachfront project, has launched <a href="https://www.urban.com.au/new-apartments/71-garfield-surfers-paradise-71-garfield-terrace-surfers-paradise-qld-4217">71 Garfield</a>, just 52 two, three, and four-bedroom apartments.

[smartcode_project:default project_id=110713 project_image_fid=317234]

Garfield Terrace was set to undergo a drastic transformation a few years ago; however, several developments launched during the pandemic era didn’t proceed. Iris Capital, with its billionaire owner Sam Arnaout and in-house construction arm Iris Built, has all the tools to take to market a project that will go ahead as promised.

Architecture firm&nbsp;<a href="https://www.urban.com.au/architects/dbi">DBI</a>, who designed Iris Capital's other Gold Coast development, Victoria &amp; Albert in Broadbeach, was in charge of the designs for 71 Garfield. The large-scale apartments will be serviced by a suite of luxury beach-facing amenities, like a swimming pool and open-air gym.

[smartcode_project:default project_id=110713 project_image_fid=317237]

<a href="https://www.urban.com.au/developments/broadbeach-qld-4218">Broadbeach</a>&nbsp;has been the most popular suburb for developers for several years. No single developer has contributed more projects than&nbsp;<a href="https://www.urban.com.au/builders/morris-property-group">Morris Property Group</a>, who is onto their 10th development in Broadbeach.

They recently revealed <a href="https://www.urban.com.au/new-apartments/maison-broadbeach-22-chelsea-avenue-broadbeach">Maison Broadbeach</a>,&nbsp;just 21 full-floor apartments across a 22-level tower.

[smartcode_project:default project_id=113008 project_image_fid=318651]

Similarly sized apartments are on offer at&nbsp;<a href="https://www.urban.com.au/new-apartments/brighton-on-the-park-southport-28-brighton-parade-southport">Brighton on the Park</a> in&nbsp;<a href="https://www.urban.com.au/developments/southport-qld-4215">Southport</a> which offer the most expansive apartments the suburb has seen. The project, by developer Sixty Sticks, features just 12 units starting at 247 sqm, with the largest spanning 300 sqm.&nbsp;

Positioned on Brighton Boulevard with views over James Overell Park and the <a href="https://www.urban.com.au/developments/main-beach-qld-4217">Main Beach</a> skyline, Brighton on the Park apartments have been designed for the downsizer.

&nbsp;

&nbsp;

[smartcode_project:default project_id=138113 project_image_fid=209673]

Sixty Sticks has also doubled-down on luxury amenity, not often seen in such a boutique development.

The rooftop will home a resort-style swimming pool with sun-drenched day beds, a fully equipped gym, and multiple lounge areas.

[smartcode_project:default project_id=138113 project_image_fid=209308]

December also marked the registrations of interest campaign for&nbsp;<a href="https://www.urban.com.au/new-apartments/the-landmark-mermaid-beach-14-seaview-avenue-mermaid-beach-qld-4218">The Landmark</a>, the transformative $2 billion mixed-use precinct in <a href="https://www.urban.com.au/developments/mermaid-beach-qld-4218">Mermaid Beach</a>&nbsp;by&nbsp;<a href="https://www.urban.com.au/developers/aniko-group">Aniko Group</a>.

Comprising four towers, The Landmark will comprise around 800 apartments, high-end office spaces, and a luxury hotel. Its amenities range from a pickleball court to a lagoon pool and a golf simulator.&nbsp;

&nbsp;

[smartcode_project:default project_id=134338 project_image_fid=311028]

The first release consists of 240 two and three-bedroom apartments that start from just under $1.2 million.

“We are incredibly excited to bring The Landmark to life in&nbsp;Mermaid Beach,” said George Mastrocostas, Founder and Managing Director of&nbsp;Aniko Group.&nbsp;

[smartcode_project:default project_id=134338 project_image_fid=311030]

“This project reflects our dedication to creating iconic spaces that not only redefine residential living but also enrich the surrounding community.

“We are encouraging those interested to register early, as The Landmark promises to be a highly sought-after address for those looking to experience a premium coastal lifestyle.”

What happened in Gold Coast’s off the plan apartment market in December?

Vacancy rates fall while rent rises: SQM Research

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