<ul>
	<li>Site Excavation</li>
	<li>Development Overview: Mixed-use development with 9 buildings.</li>
	<li>Ground Floor Retail: 5 buildings include commercial/retail spaces.</li>
	<li>Building Site E:
	<ul>
		<li>E1: 8/12 storeys, retail on ground floor, 83 residential apartments.</li>
		<li>E2: 4 storeys, 32 residential apartments.</li>
		<li>E3: 6/9 storeys, retail on ground floor, 74 residential apartments.</li>
	</ul>
	</li>
	<li>Building Site D:
	<ul>
		<li>D1: 8/12 storeys, retail on ground floor, 81 residential apartments.</li>
		<li>D2: 6/7 storeys, 58 residential apartments.</li>
		<li>D3: 4 storeys, 16 residential apartments.</li>
	</ul>
	</li>
	<li>Building Site C:
	<ul>
		<li>C1: 8 storeys, retail on ground floor, 61 residential apartments.</li>
	</ul>
	</li>
	<li>Building Site B:
	<ul>
		<li>B1: 8/12 storeys, retail on ground floor, 76 residential apartments.</li>
	</ul>
	</li>
	<li>Building Site A:
	<ul>
		<li>A1: 8/6 storeys, retail on ground floor, 93 residential apartments.</li>
	</ul>
	</li>
	<li>Additional Features:
	<ul>
		<li>New public open space.</li>
		<li>Stormwater drainage system.</li>
		<li>New local roads.</li>
		<li>2 levels of basement car parking for 587 vehicles.</li>
		<li>653 bicycle parking spaces.</li>
		<li>Landscaping<button></button></li>
	</ul>
	</li>
</ul>

The Avenues, Zetland - 130 Joynton Avenue, Zetland

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="https://www.urban.com.au/developments/norwest-nsw-2153">Norwest</a>.

<a href="https://www.urban.com.au/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="https://www.urban.com.au/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="https://www.urban.com.au/new-apartments/kailani-batemans-bay-50-52-beach-road-batemans-bay">Kailani</a>, the only new apartment development in&nbsp;<a href="https://www.urban.com.au/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="https://www.urban.com.au/developers/kela-building-group">KELA Building Group</a>.

<a href="https://www.urban.com.au/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="https://www.urban.com.au/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="https://www.urban.com.au/news/resilience-latent-defects-insurance">Resilience Latent Defects Insurance</a>, the first defect insurance in Australia that <a href="https://www.urban.com.au/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="https://www.urban.com.au/developments/merrylands-nsw-2160">Merrylands</a>, the $700 million masterplanned precinct by&nbsp;<a href="https://www.urban.com.au/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="https://www.urban.com.au/developers/deicorp">Deicorp</a>.

They first filed plans for <a href="https://www.urban.com.au/new-apartments/130-joynton-avenue-zetland">Joynton Square</a>, another community-style development in <a href="https://www.urban.com.au/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="https://www.urban.com.au/architects/fk-australia" target="">Fender Katsalidis</a>&nbsp;and&nbsp;<a href="https://www.urban.com.au/architects/candalepas-associates">Candalepas</a>&nbsp;Associates.

Read more:&nbsp;<a href="https://www.urban.com.au/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="https://www.urban.com.au/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="https://www.urban.com.au/architects/turner-studio">Turner</a> scheme had the best potential to achieve design excellence.

Read more:&nbsp;<a href="https://www.urban.com.au/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="https://www.urban.com.au/developers/cbus-property" target="">Cbus Property</a>&nbsp;and&nbsp;<a href="https://www.urban.com.au/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="https://www.urban.com.au/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="https://www.urban.com.au/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="https://www.urban.com.au/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="https://www.urban.com.au/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="https://www.urban.com.au/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="https://www.urban.com.au/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="https://www.urban.com.au/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="https://www.urban.com.au/developments/elizabeth-bay-nsw-2011">Elizabeth Bay</a>&nbsp;apartment development,&nbsp;<a href="https://www.urban.com.au/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="https://www.urban.com.au/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="https://www.urban.com.au/new-apartments/henri-house-349-liverpool-street-darlinghurst">Henri House</a>.

Read more:&nbsp;<a href="https://www.urban.com.au/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="https://www.urban.com.au/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="https://www.urban.com.au/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;

Joel Robinson

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

Sydney's busiest apartment developer Deicorp is continuing its dominance in Sydney's inner-city suburbs.

They've filed plans with the City of Sydney Council for their <a href="https://www.urban.com.au/new-apartments/130-joynton-avenue-zetland">2.86-hectare Joynton Avenue site</a>, the former AusGrid facility they secured two years ago.

The proposal is for nine new buildings as part of a new mixed-use precinct at the end of Zetland Avenue, near Gunyama Park. There will be a total of 574 apartments at a cost of just over $300 million.

Akin to its other Zetland apartment development Downtown, the new development, dubbed The Avenues, in the planning documents, will have extensive retail at street level.

Designs have been drawn up by Fender Katsalidis, Candalepas Associates and Lachlan Seegers Architects for the nine buildings.&nbsp;The larger buildings, labelled A, B and C on the perimeter of the site, have been designed by Fender Katsalidis.&nbsp;

<img alt="Deicorp" data-entity-type="file" data-entity-uuid="6fb264fa-6872-42b8-81a6-18be48abf870" src="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" />Building A by Fender Katsalidis

Building A, next to Woolwash Park, will be the tallest of the three at 14 levels. That will home 93 apartments. Building B will have 76 apartments across 12 levels, while building C, next to Biyanbing Park, will rise just eight levels with 61 apartments

Building A will home a providore grocer, cafe and bistro on the ground floor. Building B will have a coffee pop up, juice bar, and a speciality food retailer and Building C will have a large restaurant, a smaller restaurant, and a food and beverage outlet.

The three buildings FK has designed will home 230 apartments, 44 one-beds, 162 two-beds and 24 three-bedroom units.

<img alt="FK" data-entity-type="file" data-entity-uuid="69fdba1d-896f-494d-b7ee-6c9a9cd8a251" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-15%20at%209.39.26%E2%80%AFAM.png?VersionId=ha84O5O5hpAyE21fEr6f.3MAtSm8xEDX" />Building C by Fender Katsalidis

Candalepas designed several of the other smaller buildings. They will bring the other 344 apartments,&nbsp;62 one-beds, 231 two-beds and 51 three-bedroom units.

The Design Verification Statement, signed by&nbsp;Angelo Candalepas, said the proposed building provides a density within the constructs of both the Sydney Local Environmental Plan and the City of Sydney’s current Development Control Plan.

"As such, the proposal is reflective of the future desired character for this area. Given its inner-city location, the Site is well-serviced by local infrastructure, public transport, employment, community facilities, parks, shopping etc."

<img alt="Deicorp" data-entity-type="file" data-entity-uuid="533d57d2-ebc6-4278-a731-7aff71abc137" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-13%20at%2010.44.48%E2%80%AFAM.png?VersionId=RFUzElWmRRukb8VkxBiRTDfzW6yvMkRl" />Building D1 by&nbsp;Candalepas Associates

On the design, Candalepas said the materials are unified and developed as a series of earth-coloured brick structures that provide a deliberate warmth to the centre of the heavily landscaped site.

"The proposal is based around building forms with elegant proportions, contextual linkages as well as a number of pleasuring aesthetic offerings such as textural variety and the carefully considered interplay of light and shadow."

<img alt="Deicorp" data-entity-type="file" data-entity-uuid="dae51cfc-3655-457e-801b-400480bc3bc8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-15%20at%209.47.58%E2%80%AFAM.png?VersionId=WXY42GnG41Rh7kdWGOd_6JV2rkaQqA74" />Building E2 by&nbsp;Lachlan Seegers Architects

The buildings will be sustainable, with the design of the&nbsp;façade developed as a thermally efficient high-performance envelope, to optimise passive thermal design principles and provide user-controlled, external shading devices in conjunction with natural ventilation to regulate thermal comfort.

"We propose to deliver an Environmentally Sustainable Design (ESD) that will not only respond to the regulatory challenges of achieving BASIX and SEPP Sustainable Buildings 2022 targets, but will also provide a vibrant, engaging and healthy development for residences,"&nbsp;Candalepas noted.

Deicorp is one of Sydney's most active developers. It has live developments in Zetland, Parramatta and several in Sydney's Hills District, while also preparing to launch apartments in Melrose Park, Rhodes and Crows Nest.

<h2>Joynton Square Summary</h2>

Address: 130 Joynton Avenue, Zetland

Site: 27,980 sqm

Developer: Deicorp

Architects: Candalepas Assocaites, FK and&nbsp;Lachlan Seegers Architects

Apartments: 574

Parking: 229

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