National developer Goldfields has appointed&nbsp;ULTRA Building Co to construct its Chatswood apartment development, <a href="https://www.urban.com.au/new-apartments/the-bryson-of-chatswood-871-877-pacific-highway-chatswood">The Bryson</a>.

CEO of <a href="https://www.urban.com.au/developers/goldfields-group">Goldfields</a>, Lachlan Thompson, said ULTRA Building Co has been appointed to build the&nbsp;luxury residential and mixed-use building&nbsp;and will play a leading role in meeting growing demand for premium apartments, retail and office space in <a href="https://www.urban.com.au/developments/chatswood-nsw-2067">Chatswood</a>.

“We have been impressed by ULTRA Building Co and the quality of their work, most recently completing the Balmoral Collection (Mosman), 1788 Double Bay (Double Bay) and Akoya (North Sydney),” Thompson said.

“The ULTRA team has extensive experience across the residential and commercial sectors. We have been working collaboratively with the project team to ensure this project gets off the ground without compromise. Partnering with such a high-calibre builder, and one with a 4-star iCIRT accreditation to bring our vision for The Bryson to fruition, is something we are very proud of.”

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Founder and Managing Director of Goldfields, Marco Gattino, said the commencement of Goldfields’ high-rise tower in Chatswood represents the beginning of the developer’s plans to build a long-term Sydney presence.

“Goldfields has a solid track record of delivering quality building projects across the residential and commercial sectors and we are excited to bring that experience to the Sydney market," Gattino said.

"With demand for well-located real estate remaining strong, Sydney’s luxury residential market has performed well, and we see this trend continuing.”

Gattino said Chatswood is one of the mosy dynamic suburbs in Sydney's&nbsp;Lower North Shore, one of Australia’s most sought-after places to live and work and.

"[Chatswood] is home to great shopping, fine dining, and superb road and rail links. Ensuring the inner urban lifestyle is accessible to all is important to Goldfields and we’re&nbsp;proud to be providing local purchasers with the opportunity to buy into the premium end of the Sydney apartment market.”

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Goldfields’ footprint continues to expand in Australia’s other capital cities with major projects in Brisbane (88 Robertson Street) and Melbourne (The Raleigh) currently underway.

Adrian Sicari, Managing Director of ULTRA Building Co, said the ULTRA team is delighted to be working with Goldfields on the development of this iconic addition to Chatswood’s skyline.

“The Bryson development will supercharge the Chatswood CBD by bolstering economic activity, job creation, and retail and commercial space in this increasingly significant activity centre,” Sicari said.

Construction is forecast to be completed by Q4 2026.

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Designed by Make Architects and delivered by Fraser and Partners,&nbsp;The Bryson will incorporate a mix of one, two and three-bedroom and full 360-degree penthouse apartments, each with open plan living spaces, balconies, European&nbsp;appliances, luxury finishes, and&nbsp;lush garden zones.

A pool terrace complete with rooftop gardens, outdoor furniture, barbecue facilities and an outdoor fireplace will further enhance the urban resort feel and strike a balance between city living and quiet retreat.

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Integrating into the vibrant public realm of Chatswood is a ground floor retail offering that acts as a threshold between the&nbsp;neighbourhood and the private residences above. Strata office suites will be located on level two and three.

Chatswood has a burgeoning activity centre that is home to&nbsp;corporate headquarters, prestigious schools, fine dining, disparate cycling routes, natural parkland and sporting grounds, and good proximity to public and private transport corridors.

The Bryson is within walking distance of&nbsp;Chatswood Railway Station (and its recently opened and expanded M1 Line from Chatswood to Sydenham), Sydney’s renowned&nbsp;Victoria Avenue retail precinct, and the region’s three major retail hubs – Chatswood Chase, Westfield Chatswood, and the Mandarin.

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Founder and Managing Director of Goldfields, Marco Gattino, said the commencement of Goldfields’ high-rise tower in Chatswood represents the beginning of the developer’s plans to build a long-term Sydney presence.

Joel Robinson

Goldfields appoints ULTRA Building Co to deliver The Bryson, Chatswood apartment development

In the 21st century, there are several key priorities on the wishlist of a luxury off the plan apartment buyer.

The three most important factors tend to be apartment size, viewlines, and amenity. For those willing to spend over $5 million, price becomes less of a concern, with these three elements taking precedence.

Local builder-developer <a href="https://www.urban.com.au/developers/alroe-constructions">Alroe</a> has prioritized all three at its latest Gold Coast apartment development, <a href="https://www.urban.com.au/new-apartments/lune-main-beach-19-21-rankin-parade-main-beach-qld-4217">Lune Main Beach</a>.

Currently under construction and set for occupancy in mid-2025, Lune will feature just six half-floor apartments, making it the most boutique development to come to <a href="https://www.urban.com.au/developments/main-beach-qld-4217">Main Beach</a> in years.

Alroe's efforts in creating something unparalleled in the local market has resonated with buyers, with three of the six apartments already snapped up

<h2>Apartment Size</h2>

Pitched as more like villas due to their expansive size, the apartments at Lune start from just shy of 320 sqm, setting a new benchmark for the Main Beach market at just over $15,000 per sqm. For comparison, Bondi Beach regularly sees price-per-square-metre rates comfortably above $60,000, with some properties recently fetching over $100,000 per sqm.

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The largest apartments available at Lune offer a generous 340 sqm of living space, designed for those who seek luxury, comfort, and privacy.

Each apartment includes three bedrooms, each with private dressing zones and accompanying en suites. There was a conscious effort to maximise outdoor space at Lune. Two of the ground floor apartments each have expansive landscaped courtyards, offering the largest footprints within the building, while the other four apartments have a Broadwater-facing balcony off the living area and a rooftop terrace accessible by a lift.

<h2>Amenity</h2>

While amenity spaces are often overlooked in smaller boutique developments given there are fewer apartments to service, Alroe has found a unique way to integrate them without following the traditional model.

Instead of a shared communal space, each apartment features its own private swimming pool, ensuring exclusivity and convenience.

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Each apartment also boasts its own outdoor kitchen, complete with a barbecue, and an adjoining alfresco area—perfect for entertaining or simply enjoying the view in privacy.

<h2>Views</h2>

In the high-end market, viewlines are incredibly important. For many buyers, the risk of a view being blocked by future development can be a significant deterrent. Alroe took great care in selecting the perfect location for Lune.

Main Beach’s development is primarily oriented toward the east, near the beach and Main Beach Parade.

However, Alroe strategically selected a site on the corner of Rankin Parade and Peak Avenue, positioned toward the quieter, western side of Main Beach. The corner site has no neighboring buildings to the west, providing residents with never-to-be-built-out views toward Broadwater and Pelican Beach, both just a few minutes walk away.

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In addition to the uninterrupted views, Lune offers a wealth of other benefits, including a short walk to Tedder Avenue, the beating heart of Main Beach with a variety cafes, restaurants, and shops.

Prices at Lune start from just under $5 million, and the apartments have already proven popular with both downsizing locals and buyers from Sydney.

[smartcode_project_cta:default project_id=146373]

How Alroe has ticked off three must-haves for luxury apartment buyers at Lune Main Beach

Summary:

<ul>
	<li>71 Garfield by Iris Capital is located on Surfers Paradise’s exclusive Garfield Terrace with direct beach access</li>
	<li>The development offers uninterrupted ocean views and proximity to both Surfers Paradise and Broadbeach</li>
	<li>Residents have access to major shopping, dining, and entertainment hubs, including Pacific Fair and Cavill Avenue</li>
	<li>Well-connected via the G:Link light rail and Gold Coast Highway, with schools and hospitals nearby</li>
</ul>

<hr />
Garfield Terrace has long been one of Surfers Paradise’s most sought-after addresses, but due to limited development over several decades, it has&nbsp;remained largely inaccessible to many buyers seeking to own a piece of this beachfront strip, partly due to the lack of wanting to sell on the beach, part the original apartments don't cater for modern day living.

The 500-metre stretch of street facing Northcliffe Beach has been home to small, original walk-up blocks, many of which contain only a few apartments and date back to the 1960s.

Following the pandemic-fueled boom on the Gold Coast, land on Garfield Terrace has become a highly coveted commodity, with long-term unit owners seeing the value of their seven-decade-old apartments soar due to their prime location.

Sydney-based developer <a href="https://www.urban.com.au/developers/iris-capital">Iris Capital</a>, the developer behind the billion-dollar Victoria &amp; Albert in Broadbeach, was determined not to miss the opportunity to be part of the area's transformation.

In 2021, they acquired The Premiere, a block of just six apartments within an eight-level building built in the late 1980s. The true value of the site lay in its 865 sqm footprint, boasting 20 meters of beach frontage.

Iris, headed by billionaire property developer and hotel mogul Sam Arnaout, waited patiently before unveiling their plans, ensuring they were offering the very best development on the coveted beachfront strip.

Late in 2021, they submitted plans for a new development, which received approval in mid-2022. After a three-year journey, the project culminated in the launch of <a href="https://www.urban.com.au/new-apartments/71-garfield-surfers-paradise-71-garfield-terrace-surfers-paradise-qld-4217">71 Garfield</a>—a collection of 52 exclusive apartments, with prices starting from $2.275 million. This is an extremely rare offering on this highly sought-after street.

It is an exceptional opportunity to purchase a new two-bedroom apartment in a dress-circle location. Most beachside apartments, not only in Surfers but also stretching down the coast to Burleigh and Palm Beach, are priced much higher and typically feature three or more bedrooms.

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While Garfield Terrace is a relatively short street, meaning future residents will be in touching distance of everything Surfers has to offer no matter where you are on the street, 71 Garfield offers some unique advantages.

<article data-scroll-anchor="true" data-testid="conversation-turn-3" dir="auto">
To the south lies Monterey Apartments, another original low-rise building with just a handful of units. It has not yet been acquired by a developer, and given the recent development activity on the beachfront, the fact that it has not been purchased suggests it may remain as is. The building also sits on just over 600 sqm, making it challenging for developers to replace it with a larger apartment block.

While anything is possible in the world of development, if Monterey is never developed, the residents of 71 Garfield will have unobstructed views south, not only from the upper levels of the tower but also from the lower floors.

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The apartments at 71 Garfield will sit privately above part of the 30-kilometre Jubilee Walkway, which was completed in 2022. The scenic path connects Philip Park at Main Beach (named after Prince Philip) to Queen Elizabeth Park in Coolangatta. Along the walkway are 70 bronze markers, each representing one of Queen Elizabeth's years as monarch.

Iris Capital has thoughtfully integrated the beachside location into the building design, ensuring residents take full advantage of direct access to the beach. They’ve even added a dedicated shower bay at the base of the building, perfect for rinsing off sand before heading back indoors.

Residents will have direct access to both the beach and the walkway, with amenities like the pool and gym strategically positioned to offer views of the beach and beyond.

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Located less than 300 meters from the Northcliffe G:Link station, 71 Garfield&nbsp;also offers unrivaled connectivity to the rest of the Gold Coast.

The light rail station currently runs to Broadbeach to the south and Helensvale to the north, a station which is also a stop on the way to Brisbane. Future extensions of the G:Link will extend to Burleigh Heads and eventually to Coolangatta, passing by the Gold Coast Airport, providing convenient light rail access to the entire region.

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71 Garfield will comprise 52 two, three, and four-bedroom apartments, as well as a three-level, five-bedroom penthouse with a private rooftop terrace and a two-level, four-bedroom beach house complete with its own pool. The majority of apartments offer spacious layouts with premium finishes, all designed to maximize the views and the beachfront location.

According to DBI Architects, who submitted the plans to the Gold Coast City Council, 71 Garfield is “designed exclusively for the coastal environment,” moving away from smaller units and embracing the demand for larger apartments. The project aims to elevate the area with a new level of coastal sophistication.

"Iris Capital is set to deliver a new breed of building, combining subtropical principles, fashion-inspired design, and a sky-living experience," DBI stated.

Construction of 71 Garfield will be managed by Iris Capital’s own construction arm, Iris Built, with work slated to begin in 2025. The project is expected to be completed by 2028, offering a truly exclusive, beachside living experience like no other.
</article>

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The unrivalled dress circle location of 71 Garfield apartments

Summary:

<ul>
	<li>Primestone Projects launches Iridian Residences, a boutique collection of 21 apartments in Hampton East</li>
	<li>Designed for spacious living, residences include large balconies, courtyards, and abundant natural light</li>
	<li>Centrally located with easy access to amenities, transport, and Melbourne’s bayside lifestyle</li>
</ul>

<hr />
Boutique Melbourne developer,&nbsp;<a href="https://www.urban.com.au/developers/primestone-projects">Primestone Projects</a>, has launched its latest new apartment project.

Iridian Residences, a collection of 21 apartments in <a href="https://www.urban.com.au/developments/hampton-east-vic-3188">Hampton East</a>, a rare new addition to the suburb's housing stock where just 20 per cent of total dwellings are apartments according to the 2021 ABS Census.

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Designed by Axel Baumann of <a href="https://www.urban.com.au/architects/planar-arc">Planar Arc Architects &amp; Interior Design</a> to integrate with its established surroundings, Iridian Residences features a refined architectural approach.&nbsp;

The lower levels incorporate curved brickwork to ground the structure, while the upper floors adopt a lighter, pavilion-like form.&nbsp;

[smartcode_project:default project_id=4072 project_image_fid=325049]

<a href="https://www.urban.com.au/new-apartments/iridian-residences-hampton-east-11-keiller-street-hampton-east-vic-3188">Iridian Residences</a> offers just 21 one and two-bedroom apartments, a product mix not often seen in the new development market.

All apartmetns are designed with a focus on spacious, functional living, extending onto sizable balconies and courtyards to enhance indoor-outdoor connectivity.

Natural light is a key feature of the residences, with north and west-facing orientations maximising sunlight and ventilation.&nbsp;

Interiors feature quality fixtures and finishes in a neutral palette, allowing buyers flexibility in styling their homes.

[smartcode_project:default project_id=4072 project_image_fid=325048]

Located centrally within Hampton East, the development is positioned for convenience, with easy access to local amenities and transport links.&nbsp;

The suburb’s proximity to Melbourne’s bayside lifestyle is a drawcard, with the beach just 4.5 kilometres away, along with coastal walking and cycling trails.&nbsp;

Golf enthusiasts will also find themselves within reach of Melbourne’s renowned Sandbelt golf courses.

Construction of Iridian is approaching completion, and buyers will be able to move into their brand new apartments halfway through 2025.

For a limited time, buyers can secure an apartment with a five per cent deposit. Each apartment is priced under $1 million.

[smartcode_project_cta:default project_id=4072]

Iridian Residences offers just 21 one and two-bedroom apartments, a product mix not often seen in the new development market

Iridian Residences to bring rare new apartments to Hampton East as completion approaches

Summary:

<ul>
	<li>The Crisafulli Government has announced abolishing stamp duty on new homes for first home buyers, will be the first priority of Parliament 
	&nbsp;</li>
	<li>The Revenue Legislation Amendment Bill 2024 to be the first piece of legislation debated in the Parliament, delivering major cost of living relief to Queensland first home buyers.&nbsp;&nbsp; 
	&nbsp;</li>
	<li>Abolishing stamp duty is a key commitment to deliver a Fresh Start for Queensland and restore a place to call home for more&nbsp;Queenslanders, easing the Housing Crisis.&nbsp;&nbsp;</li>
</ul>

<hr />
The Crisafulli Government has announced abolishing stamp duty on new homes for first home buyers will be the first action of Parliament this year, delivering major cost of living relief to Queenslanders.&nbsp;&nbsp;

The move will pave the way for thousands of first home buyers to save on upfront transaction costs, unlocking home ownership for more Queenslanders while also boosting housing supply across the State.&nbsp;

In the last decade, Queenslanders were locked out of the housing market with the state recording the lowest rate of home ownership of any state in the nation.&nbsp;

Abolishing stamp duty on new homes for first home buyers is just one of the actions the Crisafulli Government is taking to boost home ownership, including unlocking underused church and charity owned land for community housing, removing restrictions preventing first home buyers renting out rooms and kickstarting new development with a $2 billion investment in housing infrastructure.&nbsp;

A first home buyer purchasing a new house and land package in Toowoomba at the median price could save $24,730.&nbsp;

First home buyers would save $29,500 when purchasing a new build at the median price in Brisbane east, while in Logan-Beaudesert, they would have keep $6960 in their pocket.&nbsp;

Premier David Crisafulli said every Queenslander should have a place to call home.&nbsp;&nbsp;

“We are unlocking more homes for more Queenslanders, more quickly,” Premier Crisafulli said.&nbsp;&nbsp;

“For far too long, stalling housing approvals and skyrocketing housing prices have shut the door on Queenslanders walking into their own home.&nbsp;

“For the past decade, the dream of home ownership has become a nightmare for Queenslanders.”&nbsp;

Treasurer and Minister for Home Ownership David Janetzki said the LNP would put Queensland back on top of the home ownership ladder within a decade.&nbsp;&nbsp;

“Queenslanders are losing hope in the Great Australian Dream of home ownership and the situation has never been more dire for young people wanting to purchase their first home,” he said.&nbsp;

“Never before have so many young Queenslanders wanted to own a home, and never before have so many believed it is out of reach.&nbsp;

“The Crisafulli Government is delivering a fresh start for Queensland, and we are boosting housing supply to increase Queensland home ownership rates.&nbsp;

“Scrapping first home buyer stamp duty on new builds provides real savings and puts the Great Australian Dream back within reach.”&nbsp;

Darwin market in oversupply with price gains a few years off: BIS Oxford Economics

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