<ul>
	<li>
	Building Specifications:

	<ul>
		<li>Type: Residential building</li>
		<li>Height: 9 storeys</li>
	</ul>
	</li>
	<li>
	Unit Composition:

	<ul>
		<li>Total Units: 23</li>
		<li>Level 1:
		<ul>
			<li>1 x 1 bedroom unit</li>
			<li>2 x 3 bedroom units</li>
		</ul>
		</li>
		<li>Levels 2-7:
		<ul>
			<li>1 x 2 bedroom unit per floor</li>
			<li>2 x 3 bedroom units per floor</li>
		</ul>
		</li>
		<li>Level 8:
		<ul>
			<li>2 x 3 bedroom units</li>
		</ul>
		</li>
	</ul>
	</li>
	<li>
	Amenities:

	<ul>
		<li>Ground Level:
		<ul>
			<li>Swimming pool</li>
			<li>Gymnasium</li>
		</ul>
		</li>
	</ul>
	</li>
	<li>
	Building Features:

	<ul>
		<li>2 lifts</li>
		<li>Rendered wall finish</li>
		<li>Clear glass windows</li>
		<li>Vertical metal balustrades</li>
	</ul>
	</li>
	<li>
	Parking and Storage:

	<ul>
		<li>Car Parking:
		<ul>
			<li>45 spaces across 2 basement levels and ground level</li>
		</ul>
		</li>
		<li>Bicycle Parking:
		<ul>
			<li>29 spaces provided</li>
		</ul>
		</li>
	</ul>
	</li>
	<li>
	Landscaping:

	<ul>
		<li>Includes landscaping around the building premises</li>
	</ul>
	</li>
</ul>

Tarni - 1 Tarni Avenue, Palm Beach

Over the last four quarters, Palm Beach has been the most searched Gold Coast suburb on Urban.com.au.

Since the pandemic hit Australia, there's arguably not been a suburb in Australia that's been more in vogue than <a href="https://www.urban.com.au/developments/palm-beach-qld-4221">Palm Beach</a>&nbsp;on the <a href="https://www.urban.com.au/developments/gold-coast-qld">Gold Coast</a>.

Data from Urban.com.au's new data product, <a href="https://industry.urban.com.au/data-insights">MatterFact</a>, showed that from 2020 to 2021, enquiry spiked 130 per cent, driven by local and interstate purchasers snapping up luxury beachfront apartments.

Enquiry levels returned to early pandemic levels in 2022, namely due to the fact several developments sold out quicktime, but the appetite to live in the coastal enclave did not abate, with search traffic to Palm Beach staying consistent. There was simply much more demand than there was supply.

Josh Foote's <a href="https://www.urban.com.au/developers/ignite-projects">Ignite Projects</a> took just eight weeks to sell all 34 apartments at <a href="https://www.urban.com.au/new-apartments/cabana-1-nineteenth-avenue-palm-beach">Cabana Palm Beach</a>, where sale prices ranged from $1,775,000 to just over $5.5 million.

It was the same story with developer&nbsp;<a href="https://www.urban.com.au/developers/pask-group">Pask</a>. Launching during the pandemic, they sold out <a href="https://www.urban.com.au/new-apartments/esplanade-474-the-esplanade-palm-beach">The Esplanade</a>, named after its position on the dress circle street that runs down to Burleigh Heads. The 15 apartments on the beachfront sold between $3.2 million and over $7.1 million.

<a data-entity-type="file" data-entity-uuid="9d768898-933c-4167-8f8e-ae6c40dc09d8" href="https://www.urban.com.au/new-apartments/gold-coast-qld"><img alt="Palm Beach" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-09-25%20at%208.29.12%E2%80%AFAM_1.png?VersionId=mccK9ZKObftFJ.fHdFNSBFkGpLRuIqjt" /></a>

One of the main reasons southern dwellers descened on Palm Beach was how much it flew under the radar. The quiet neighbour of Burleigh Heads, Palm Beach had been void of new developments until the demand spurred by the pandemic to live on the Gold Coast became aparent, those from the southern states in particular had a narrow brief; Gold Coast, and as close to the beach as possible.

Palm Beach has been one of the most active suburbs for development site sales.

Since the start of 2021, around 25 per cent of total sales by site amalgamation and sales specialists GV Property Group has been in Palm Beach, only second to Broadbeach.

After the boom that saw the likes of Cabana, Esplanade, <a href="/buildings/the-tally-14-twenty-eighth-avenue-palm-beach">The Tally</a> and Hirsch &amp; Faigen's <a href="https://www.urban.com.au/new-apartments/hemingway-1267-1273-gold-coast-highway-palm-beach">Hemingway development</a> sell out, the suburb remained in hot demand, but supply wasn't there to match it. When a project like <a href="https://www.urban.com.au/new-apartments/seaclusion-202-4-twenty-first-avenue-palm-beach">Seaclusion</a>, 40 one two and three-bedroom units on Twenty First Avenue entered the market, the majority of apartments were snapped up within a month.

It wasn't until earlier this year that the tap was turned back on. Prominent Gold Coast developer Sherpa brought to the market Perspective Nexus, 35 apartments at&nbsp;949 Gold Coast Highway&nbsp;that have race to 75 per cent sold, while fellow renowned local developer&nbsp;<a href="https://www.urban.com.au/developers/marquee-development-partners">Marquee Development Partners</a>&nbsp;launched <a href="https://www.urban.com.au/new-apartments/la-belle-palm-beach-332-the-esplanade-palm-beach">La Belle Palm Beach</a> to similar fanfare. Over 80 per cent of the 75 apartments on offer were snapped up, making La Belle the fastest selling project on the Gold Coast in 2024.

l[smartcode_project:default project_id=102340 project_image_fid=273591]

The apartment pipeline for Palm Beach looks strong, as demand will be somewhat to be satisifed by the number of developments waiting to hit the market.

<a href="https://www.urban.com.au/developers/sherpa-property-group">Sherpa</a> is soon to launch <a href="/new-apartments/flourish-on-sixth-ave-6-12-sixth-avenue-palm-beach">Flourish on Sixth</a>, the first development of its Flourish brand that caters for a wider range of buyers with a diverse mix of 94 one, two and three-bedroom apartments.

Tim Gordon's <a href="https://www.urban.com.au/developers/gordon-corp">Gordon Corp</a>, in another joint venture with the Mathieson hospitality family, is <a href="https://www.urban.com.au/news/qld/first-look-exclusive-gordon-corp-team-up-again-with-mathieson-family-and-join-booming-palm-beach-off-the-plan-apartment-market">teaming up again</a> to create a development that is also expecting to attract several buyer camps.

"We have been very deliberate in not pushing scale, or density,” Gordon Corp Sales and Marketing Director Lara Dimond&nbsp;said.

<img alt="Gordon" data-entity-type="file" data-entity-uuid="dd3cdd67-3fd3-4a20-99ee-0f3ecc8f05ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-10-11%20at%204.00.35%E2%80%AFPM.png?VersionId=FbMiVo04utsBy2vtccUAPAcV1oaYoy0x" />

The building, designed by&nbsp;<a href="https://www.urban.com.au/architects/cottee-parker-architects" target="">Cottee Parker</a>, comprises 47 two and three-bedroom apartments across a nine-level building at&nbsp;<a href="https://www.urban.com.au/new-apartments/62-64-jefferson-lane-palm-beach">62-64 Jefferson Lane</a>, just one row back from the beach.

The apartments start from 115 sqm and range in size to 275 sqm. Private resident amenities have been incorporated on the ground floor. There will be a 15m lap pool with day beds and cabanas, a wellness centre with cold plunge and a hot spa, as well as a sauna and steam room. The wellness centre will also feature a&nbsp;state-of-the-art gym.

One of the most recent submissions is for one of Palm Beach's largest developments to date.

B.K.A Holdings Pty Ltd, a company directed by solicitor David Ingwersen, has <a href="https://www.urban.com.au/news/qld/first-look-exclusive-palm-beach-apartment-pipeline-ramps-up-another-notch">proposed two 13-level towers</a> on an&nbsp;amalgamated six-lot, 2,472 sqm site at 1395-1405 Gold Coast Highway and 436-438 The Esplanade, which would home 98 two, three and four-bedroom apartments.

<img alt="palm beach" data-entity-type="file" data-entity-uuid="2aa0460c-45d1-4701-be63-f552f638010c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-10-11%20at%204.04.09%E2%80%AFPM.png?VersionId=n1l3tknhztnAOGO.h8yDcYs303hezxyt" />

The West Tower will have the bulk of the apartments (72), with six units per floor, while the East Tower will have just 25 three-bedroom apartments, each with a multi-purpose room, and a sole four-bedroom penthouse.

There will be two small hospitality venues on the ground floor of the buildings. The more dense buildings will have greater amenity, in the form of a ground level swimming pool and a wellness centre with a gym, steam room, and sauna, while the more boutique building will have the same facilities, just without the gym.

Demand from both developers and buyers is expected to see Palm Beach continually be one of the most popular suburbs on the Gold Coast for the foreseeable. Over the last four quarters, Palm Beach has been the most searched Gold Coast suburb on Urban.com.au.

Joel Robinson

Palm Beach: The most indemand off the plan apartment market on the Gold Coast

Most of the new apartment developments in the Southern Gold Coast's sought-after pocket of Palm Beach have been beachfront or beachside luxury.

The latest plans, by a private Melbourne-based developer, will likely offer something a little more pricepointed than what's currently on the market.

Still catering for the owner-occupier with the majority of three-bed apartments, the project, dubbed Tarni due to its location at 1 Tarni Avenue, sits on the western and non-beachside side of the Gold Coast Highway. The 792 sqm site, on the corner of Tarni Avenue and Twenty Eighth Avenue, is nearer to Tallebudgera Creek.

<img alt="Tarni" data-entity-type="file" data-entity-uuid="e2410542-e85d-4066-a675-a771c331a146" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-06-17%20at%209.20.43%E2%80%AFAM.png?VersionId=Jw.9MTL0Odv2D.3p139JGlzhuCjb2Cvc" />

ByCulprit has pulled together the designs for the eight-level building, suggesting the creek, ocean coastlines and coves were the inspiration to create the architectural facade.

They said their design thinking was to "create an organic, jagged base with crushed rocks with soft off-white planes floating above wrapping down to mimic the ocean waves and its sculpted ability."

They "pinched" the building to create view corridors from each corner of the building while also creating "coves", private, protected balconies that can take in the views and create shade.

<img alt="Tarni Palm Beach" data-entity-type="file" data-entity-uuid="f1b97d49-cb8a-491c-921d-c9b457c03fae" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-06-17%20at%209.19.46%E2%80%AFAM.png?VersionId=aXd3pHQOjBy6BLd1Zgq6_UjmiA0n6uGy" />

There will 23 apartments in total, a sole one-bedroom unit, six two-bedrooms, and 16 three-bedroom apartments. They will sit above two basement levels and a ground level with 45 parking spaces and 23 bicycle spaces.

Also on the ground level will be a swimming pool, wet deck with daybeds, and a gym.

The new project will opposite The Tally, the recently completed 45-apartment building by MVGS Properties at 14-18 Twenty Eighth Avenue.

Palm Beach has been the most popular spot on the Gold Coast since the pandemic. Off the plan apartment developments flew off the shelves, and there wasn't enough stock to keep up with demand.

Now the focus is mainly on the beach, where the likes of <a href="https://www.urban.com.au/news/qld/mosaic-secures-beachfront-palm-beach-site-for-latest-luxury-apartment-development">Mosaic</a>&nbsp;and&nbsp;<a href="https://www.urban.com.au/news/qld/first-look-exclusive-ignite-projects-line-up-next-luxury-palm-beach-apartment-development">Ignite Projects</a>&nbsp;and <a href="https://www.urban.com.au/news/qld/5point-doubledown-in-palm-beach-with-15-6-million-beachfront-acquisition">5Point</a>&nbsp;recently secured sites. Marquee has launched <a href="https://www.urban.com.au/new-apartments/la-belle-palm-beach-332-the-esplanade-palm-beach">La Belle Palm Beach</a>, earlier this year and <a href="https://www.urban.com.au/news/qld/marquee-net-100-million-in-sales-at-la-belle-palm-beach-apartment-development">secured $100 million in sales</a> within the first few weeks of launching, making it the city’s fastest-selling project of 2024.

So far sales prices have ranged from $2.5 million to $7 million.

Sherpa is just off the beach at their under-construction development <a href="/new-apartments/perspective-nexus">Perspective Nexus</a> which is already over 50 per cent sold having been on the market for only a few months. Sherpa also recently announced a <a href="https://www.urban.com.au/news/qld/sherpa-secure-three-new-palm-beach-sites-for-next-gold-coast-apartment-development">new site purchase</a>&nbsp;locally, at 8-12 Sixth Avenue.

Tarni

Apartments

Estimated completion date

Buildings

Building Type

More about “Tarni - 1 Tarni Avenue, Palm Beach”

More about Tarni

Location of Tarni

You may also like

News about Tarni

Palm Beach: The most indemand off the plan apartment market on the Gold Coast

First look: More Palm Beach apartments planned

Developments

New apartments

New townhouses

News