CDG Group’s landmark Melbourne apartment development, Victoriana, has captured the attention of first home buyers.

According to data from MatterFact, the new data product by Urban.com.au, first home buyers have consistently been the most engaged buyer group, surpassing downsizers and rightsizers in enquiries over the past six months.

Feedback from buyers highlights the quality of the finishes and the development’s prime location as its key attractions.&nbsp;

[smartcode_project:default project_id=1979 project_image_fid=78690]

Designed by <a href="https://www.urban.com.au/architects/rothelowman">Rothelowman</a> and completed in 2021, <a href="https://www.urban.com.au/buildings/victoriana-melbourne-20-queens-road-melbourne">Victoriana</a> features cascading terraces and vertical gardens which are designed to harmonise with the surrounding Albert Park Lake and Fawkner Park.

Located on Queens Road, between the two famous parks and just off St Kilda Road, Victoriana comprises 250 one, two, three and four-bedroom apartments across 16 levels.

First home buyers have shown the greatest interest in the two-bedroom apartments, which start at over 70 sqm and feature two bathrooms, a balcony off the open-plan kitchen, living, and dining area, and a master bedroom with an ensuite.

[smartcode_project:default project_id=1979 project_image_fid=300488]

Victoriana also includes an extensive range of amenities that rival those of a luxury hotel.&nbsp;Residents will have access to concierge services, a heated indoor pool, steam room, sauna, state-of-the-art gym, and a lounge and garden terrace with views of the&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic-3004">Melbourne</a>&nbsp;skyline.&nbsp;

[smartcode_project:default project_id=1979 project_image_fid=78667]

Positioned on the fringe of Melbourne's CBD, Victoriana provides direct access to Albert Park Lake and proximity to St Kilda Road trams and the upcoming Anzac Railway Station.&nbsp;

This combination allows residents to enjoy both vibrant city living and tranquil parkland surroundings, a rare offering for buyers entering the property market.

Nearby attractions include South Melbourne Market, the Royal Botanic Gardens, and Melbourne's vibrant arts precinct.

Qualifying buyers of the two-bedroom apartments won't have to pay a deposit, and could save with a lower interest rate and reduced LMI.

[smartcode_project_cta:default project_id=1979]

Qualifying buyers of the two-bedroom apartments won't have to pay a deposit, and could save with a lower interest rate and reduced LMI

Joel Robinson

First home buyers jump at Victoriana apartments on Melbourne's Albert Park

<a href="https://www.urban.com.au/developers/sekisui-house-australia">Sekisui House Australia</a>&nbsp;has been granted development approval for Dawn, its fifth stage in its new urban renewal project in Melrose Park.

It will be the first stage which is a joint venture, with&nbsp;Hankyu Hanshin Properties becoming part of the development.

Dawn will&nbsp;comprise six low-rise buildings ranging from six to 10 levels, built around a large central courtyard spanning almost two hectares. It will include 368 one, two and three-bedroom apartments.

Positioned less than 150 metres from <a href="https://www.urban.com.au/developments/melrose-park-nsw-2114">Melrose Park</a> Town Centre, Dawn promotes walkability and maximises direct access to green spaces, lifestyle assets and future transport connections, including the Parramatta Light Rail Stage 2.

Melrose Park Town Centre is set to open at the end of 2026, aligning with when residents of Dawn will begin moving in to provide immediate access to essential services and amenities.

<img alt="Dawn, Stage 5 in Melrose Park" data-entity-type="file" data-entity-uuid="d2ac6e67-74e9-497a-a6c4-a06c560c9ed8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/compressed%20SEKISUI_MELROSE%20PARK_VIEW01_FINAL_REV03.jpg?VersionId=M0PX1Lnej70Wanlhr0G1NBoDIUbfkXoj" />

Alex Grujovski, Project Director, Apartment &amp; Mixed-Use Developments, Sekisui House Australia, said Dawn is&nbsp;a high-quality development that sets the tone for future stages of Melrose Park and reflects Sekisui House’s philosophies of sustainability, community and thoughtful design."

"Dawn represents our unwavering commitment to creating communities that coexist harmoniously with nature, while fostering interactions between people and place,"&nbsp;Grujovski says.

Designed by <a href="https://www.urban.com.au/architects/group-gsa">GroupGSA</a>, Dawn will integrate with its surroundings, featuring precinct views of Central Park and the Western Parklands. It will have secluded rooftop amenities, an internal central courtyard garden, shading devices and link bridges.

Alister Eden, Principal, GroupGSA said Dawn is designed with timeless elegance, sustainability and functionality at its core.

"The materials and layout create a seamless connection between urban living and the surrounding natural environment, offering residents a lifestyle that balances modern convenience with green tranquillity. The architectural design features intricately detailed brickwork at its base, creating a strong visual foundation that reflects the character and domestic qualities of the nearby residential suburbs of Melrose Park and Ermington," Eden says.

“Communal open spaces will offer a diverse range of amenity, from quiet areas for contemplation to open lawns for enjoying the winter sun or safe play spaces for young children. Elevated areas also provide unique perspectives and scenic views of district parks."

<img alt="Dawn, Stage 5 in Melrose Park" data-entity-type="file" data-entity-uuid="689edf1d-8f01-4365-b2ab-c7d8930c309e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/MP%20-%20Courtyard%20BBQ%20Wide%20-%20Rev%20B-min.jpg?VersionId=kuq96WjaRGXLVG7Nrnjboz2_csD66piP" />

Pitched as one of the best inclusions in the fifth stage is Central Park which will feature&nbsp;open spaces, BBQ and picnic areas, children’s play facilities and kilometres of walking tracks. Complimenting these are rooftop community facilities including BBQ areas, seating nooks and relaxation zones, encouraging interactions and a connected community.

Dawn incorporates a range of sustainability initiatives. A dedicated energy network enhances energy efficiency, while rooftop gardens provide green spaces for residents. The masterplan will also see 1,500 mature drought-tolerant native trees planted, along with permanent wetlands to boost biodiversity and rain gardens for on-site water treatment.&nbsp;

App-based energy management systems will be implemented, enabling resource efficiency and sustainable living. The project’s construction will prioritise environmental stewardship, with strategies to reuse excavated materials, capture water for irrigation and minimise reliance on external natural resources.

Construction of Dawn will commence in 2025, with completion anticipated in mid-2027.

Sekisui’s $5 billion Melrose Park project is set to transform into a thriving new community upon completion, significantly enhancing the housing supply in the north-west of Sydney with 5,500 homes, a commercial and retail town centre and extensive parklands.&nbsp;

Sekisui’s $5 billion Melrose Park project is set to transform into a thriving new community upon completion, significantly enhancing the housing supply in the north-west of Sydney with 5,500 homes

Sekisui House Australia approved for Dawn, the latest stage at $5 billion Melrose Park masterplan

Diversified New Zealand developer <a href="https://www.urban.com.au/developers/safari-group">Safari Group</a> has introduced a gateway for investors and homeowners to the "adrenaline capital" of &nbsp;New Zealand, situated in the picturesque suburb of Frankton.

Safari's apartment development, Mountain Oak Apartments, will be located in Frankton’s masterplanned precinct, Remarkables Park, offering a mix of 141 apartments ranging in size from 49 sqm to 249 sqm.

The development includes 36 one-bedroom and one-bedroom flexi apartments, 40 two-bedroom and two-bedroom flexi apartments, four three-bedroom apartments, three penthouses, and four private entry apartments.

Dual-key apartments—comprising two separate residences held under one title—are also available.

Its location ensures residents and visitors are just a short drive from popular slopes like Coronet Peak and Cardrona Alpine Resort.&nbsp;

Additionally, the development capitalises on its proximity to essential facilities, including the airport and extensive retail and dining precincts such as Market Street, Five Mile Shopping Centre, and Remarkables Market.

The historic village of Arrowtown, known for its rich gold rush history and scenic trail network, is also just a 30-minute drive away, offering an alternative destination for history and nature enthusiasts.

<img alt="Safari Group’s Mountain Oak Apartments living area" data-entity-type="file" data-entity-uuid="957d1777-8b2b-420e-8a81-f22b75151b85" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/313_Living_WEB.jpg?VersionId=3LglY20Jp_MAzQYdvwODRWvtjL.cZcqI" />

Frankton is a burgeoning area located just seven kilometres from Queenstown’s bustling centre. While Queenstown is a popular year-round holiday destination, its busiest season runs from mid-June to mid-September, coinciding with the snow season.

"It peaks all year round, in both winter for skiing and snowboarding, and summer for hiking, cycling, and water sports," said Safari Group Senior Development Manager Josh Van Veen.

Queenstown’s popularity ensures consistent high demand for short-term visitor accommodations, holiday homes, and residences for long-term tourism workers.

"There is high demand for both tourist and residential living, coupled with a shortage of housing options and limited supply for both renters and home buyers," Van Veen said.

After New Zealand locals, Australians are the second most active buyers in the New Zealand property market. They are particularly drawn to Queenstown’s ski fields due to their affordability and investment potential.

Unlike Australia, New Zealand does not impose stamp or transfer duty on property purchases, saving Australian buyers a minimum of four per cent compared to similar transactions at home.

Safari Group has calculated that the average annual gross return for a Mountain Oak Apartment operating as visitor accommodation is 7.43 per cent.

"Queenstown properties generally offer good returns on investment, making this an excellent opportunity for investors to either dip their toes into property investment or expand their portfolios," Van Veen said.

<img alt="Safari Group’s Mountain Oak Apartments dining area" data-entity-type="file" data-entity-uuid="b24ce18d-f4e3-4b9e-9a01-a6173cdcd5b4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/313_Livingv2_WEB.jpg?VersionId=nV229fM0ZeYpoxOrX372HyGjfwY_LR8c" />

Mountain Oak has been designed with this flexibility in mind, offering buyers multiple options. Buyers can opt for long-term rental management to cater to Queenstown's tourism and hospitality workforce or short-term visitor accommodation management to leverage the region’s thriving tourism market.&nbsp;

Buyers can use either the Safari management service, or find their own management provider - this is not something they have to decide straight away.&nbsp;

The Safari short-term accommodation option includes comprehensive services such as cleaning, administration, and 24/7 on-site guest support, providing a hassle-free investment experience.

For homebuyers seeking a permanent residence, Mountain Oak offers spacious apartments with expansive windows that frame breathtaking views of The Remarkables mountain range.

The apartments feature modern amenities, including electronic key-locked front doors, acoustically treated flooring, and underfloor heating in bathrooms, ensuring secure and comfortable living in the Alps.

Kitchens are equipped with premium Fisher &amp; Paykel and Haier appliances, complemented by luxurious yet durable engineered or porcelain benchtops and splashbacks.&nbsp;

Residents can choose between light and dark interior colour schemes to suit their preferences.

One-bedroom apartments at Mountain Oak start from NZ$639,000 (AU$586,000).

Queenstown’s popularity ensures consistent high demand for short-term visitor accommodations, holiday homes, and residences for long-term tourism workers

Safari Group’s Mountain Oak Apartments brings new investment potential to Queenstown

Aurora On Depper, St Lucia: Construction Update

Aurora On Depper, nestled in the prestigious suburb of St Lucia, Queensland, is shaping up as one of the most anticipated townhouse developments in the area. As construction progresses, this boutique project is on track to deliver modern, luxurious homes designed to complement the vibrant lifestyle St Lucia is known for.

In a recent update from Angus Mac of AKAM Constructions and Huw Feeney of Dust Group, we got an inside look at the latest developments on-site. Here’s what’s happening as Aurora On Depper approaches completion:

&lt;p&gt;&lt;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/YkN_oofa-f4?si=RA3Hv9FYeCPkKicC" title="YouTube video player" width="560"&gt;&lt;/iframe&gt;&lt;/p&gt;

<h3>Project Milestones So Far:</h3>

<ul>
	<li>Townhouses 1–4: Roof installations are complete, with framing, external cladding, and service rough-ins underway.</li>
	<li>Townhouse 5: External cladding is fully installed, doors are fitted, and the team is preparing for interior sheeting.</li>
	<li>Building 2 – Level 1: Windows and doors are installed, insulation is in place, and sheeting work has commenced.</li>
	<li>Building 2 – Level 2: Electrical and plumbing rough-ins are complete, and waterproofing is set to begin next week.</li>
	<li>Exterior Progress: Painting is finished at the back of Building 2, with scaffolding removal planned for late January, marking a significant visual transformation.</li>
</ul>

[smartcode_project:default project_id=145923 project_image_fid=287623]

<h3>Why Aurora On Depper Stands Out</h3>

Architectural Excellence 
Aurora On Depper combines contemporary design with thoughtful layouts, ensuring every townhouse maximises space, light, and comfort.

Location Perks 
Situated in the heart of St Lucia, this development offers unparalleled access to top-tier education, including The University of Queensland, lush green spaces, and a vibrant local dining and shopping scene.

Premium Finishes 
Each townhouse is crafted with meticulous attention to detail, featuring modern interiors, quality materials, and a seamless blend of indoor and outdoor living.

[smartcode_project:default project_id=145923 project_image_fid=287617]

<h3>Completion Timeline</h3>

The development team is focused on cladding and interior works to ensure the project remains on schedule. Buyers can look forward to moving into a completed, polished product that sets a new benchmark for townhome living in St Lucia.

Aurora On Depper represents more than just a property purchase—it’s a lifestyle investment in one of Brisbane’s most desirable suburbs. Whether you’re an owner-occupier or a savvy investor, this project offers an exceptional opportunity to secure a stunning home in an unbeatable location.

[smartcode_project:default project_id=145923 project_image_fid=287615]

Ready to learn more? Stay tuned for future updates and don’t miss your chance to secure your dream home at Aurora On Depper!

[smartcode_project_cta:default project_id=145923]

Watch the video tour of Aurora On Depper, St Lucia's construction update with Angus Mac of AKAM Constructions and Huw Feeney of Dust Group.

Urban Editorial

Aurora On Depper, St Lucia: Construction Update

<h3>R.Iconic: A Lifestyle-First Masterpiece in Melbourne</h3>

When considering purchasing a property at R.Iconic, it’s impossible to overlook the development’s unique blend of luxury, lifestyle, and location. This landmark project by R.Corporation isn’t just a residential offering—it’s a complete lifestyle experience designed for discerning buyers who want it all.

Michael Searle from R.Corporation sat down with Urban.com.au CEO Mike Bird to discuss what makes R.Iconic such an outstanding choice for buyers. Here are the key highlights that capture why this development stands out in Melbourne’s competitive property market.

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<h3>1. Breathtaking, Protected Views</h3>

Step onto the balcony of any R.Iconic residence, and you’ll be greeted by sweeping views of Port Phillip Bay, stretching to the Mornington Peninsula. Unlike many inner-city properties, these views are protected by zoning regulations, ensuring they remain unobstructed for life.

This not only enhances the day-to-day experience for residents but also secures the long-term value of the property—making R.Iconic an investment as stunning as it is practical.

[smartcode_project:default project_id=5234 project_image_fid=215072]

<h3>2. Unmatched Location</h3>

R.Iconic offers the best of Melbourne living. Just 1.5 kilometres from Collins Street, it’s a short tram ride or walk from the city centre. Meanwhile, the beach, South Melbourne Market, and world-class dining are minutes away, creating a perfect balance between urban convenience and beachside tranquillity.

As Michael Searle explains, “You’ve got this sort of inner-city living, but with a beachside feel. You’re close to all the culture, dining, shopping, and sporting events that Melbourne is famous for, while still enjoying a quieter, more relaxed neighbourhood vibe.”

[smartcode_project:default project_id=5234 project_image_fid=215077]

<h3>3. Lifestyle-Enhancing Amenities</h3>

At R.Iconic, luxury goes beyond the walls of each residence. The development boasts a suite of amenities designed to enhance your lifestyle:

<ul>
	<li>A year-round heated pool and sauna</li>
	<li>A fully equipped gymnasium and running track</li>
	<li>A cinema and dining pavilions</li>
	<li>An acre of gardens designed by Paul Bangay on the fifth floor</li>
	<li>A convenient on-site Coles Local and Liquorland</li>
</ul>

For premium residents—those in the penthouses and townhouses—the Horizon Lounge offers an exclusive retreat with 270° views, a full kitchen, and a luxurious space for hosting special occasions.

[smartcode_project:default project_id=5234 project_image_fid=233906]

<h3>Luxury Residences Tailored to You</h3>

R.Iconic offers a range of luxury residences, each designed with sophistication and comfort in mind:

<ul>
	<li>
	Penthouses and Sub-Penthouses 
	These stunning homes, priced between $2.1 million and $6.3 million, offer 140 to nearly 300 square metres of living space. Elegant interiors by David Hicks feature Gaggenau appliances, marble finishes, and sunlit balconies with panoramic views.
	</li>
	<li>
	Townhouses 
	Inspired by Melbourne’s iconic Victorian terraces, these three-level homes offer private street-level entrances, double garages, and the same high-end finishes as the penthouses.
	</li>
</ul>

Each residence is crafted with meticulous attention to detail, from the spacious hallways to the high ceilings and premium finishes.

[smartcode_project:default project_id=5234 project_image_fid=298021]

<h3>A Completed Project You Can Experience</h3>

One of the standout advantages of R.Iconic is that it’s already complete. Buyers can visit the development and experience the quality, layout, and lifestyle firsthand—something that’s often difficult to imagine from renders alone.

As Mike Bird noted during his tour, “The width of the hallways, the height of the ceilings, and the overall design speak to the thoughtfulness and quality of the development. R.Iconic has prioritised buyer needs, delivering a product that truly stands out.”

[smartcode_project_cta:default project_id=5234]

Watch the video interview with Michael Searle from R.Corporation as he discusses what makes R.Iconic such an outstanding choice for buyers. 

R.Iconic: A Lifestyle-First Masterpiece in Melbourne

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

Off-the-plan property explained: What is stamp duty?

A number of people ask - what is the settlement process when buying off the plan property?

The simple answer is that the process is one part of the off the plan buying journey that isn't too dissimilar to buying in the established market.

The major difference is the time from exchange to settlement, given the off the plan property isn't built yet. The standard settlement for established property is around six to eight weeks.

This however has a number of pros for off the plan buyers.

One of the biggest is that the price paid for the property at the time of exchange doesn't change. Even if the value of the apartment has risen during construction, buyers will still settle on their apartments at the same price agreed.

The settlement date will be forecasted in the contract, as to when the developer believes the building will be complete, and the certificate of occupancy is obtained. Then settlement can start to occur and buyers can move in.

The settlement date forecast is another pro for buyers. While this date can chop and change due to a number of reasons, least of all delays in construction, labour, and materials, it gives the buyer a ballpark future date where they need to have their finances in shape to settle.

By paying a deposit you lock in that price, and you might not be required to pay the rest of the deposit for two or three years, if the construction timeline is that far away. This allows buyers years to save up the rest of the money while their yet-to-be-built property potential grows in value.

The settlement date estimate also puts a time limit on buyers as to when they should either vacate their current rental, or put the wheels in motion to sell their current home.

If you're thinking of purchasing an off the plan apartment, it's a good idea to speak to a conveyancer or solicitor who can advise you on the settlement process and help ensure that everything goes smoothly.

A number of people ask - what is the settlement process when buying off the plan property?

Off the plan property settlement - how does it work?

Arguably floor plans matter more in off the plan property than any other type of property.

In established markets, the floorplan is the floor plan. That's it, barring renovations.

But in the off the plan market, there a number of factors to consider when analyzing floor plans, and a number of questions to ask agents and developers when discussing buying an off the plan property.

First there's the floor plan size.

Floor plan sizes advertised by agents or developers can differ hugely state by state, so it's important to understand whether you are being pitched a property's internal size, or total size.

Internal size is the measurement of the internal floor area of an apartment, and is typically measured in square metres (m²). External size is the measurement of the external dimensions of an apartment, be it a courtyard or a balcony, but sometimes it can include a parking space or storage cage.

Generally, off the plan apartments are advertised with their internal size, as this is the size that you will have to work with when furnishing and decorating your new home. It's important to be aware of external size, however, as this will give you an indication of the overall size of the building and how much outdoor space you will have access to.

When considering internal vs external size, it's important to keep in mind that internal size may vary slightly from the advertised size due to the internal walls of the apartment. External size, on the other hand, is usually accurate to the advertised size as it's based on the overall dimensions of the building.

Another thing to consider when analyzing floor plans in off the plan property is that floor plans aren't necessarily set.

The majority of developers, providing construction is still at its early stages, will allow buyers to customize their floor plan to suit their lifestyle.

It might be that you want to move a bedroom or bathroom, or re-orientate the living area. This generally isn't a problem for developers as long as the moving of internal walls doesn't impact the building structurally, and the redesign all occurs within the same floor plate size of the original apartment.

In the off the plan market, there a number of factors to consider when analyzing floor plans, and a number of questions to ask agents and developers

How to read a floor plan, what questions to ask, and why it's important for off the plan property buyers

Downsizers and rightsizers have dominated the new and off the plan apartment market in 2024.

The two camps, downsizers in particular, are the least impacted by the continued high interest rates compared to a first home buyer or investor, positioning them as a key target for developers. Most of the new apartment developments that have come to the market in 2024 have been large apartments that suit the size and budgets of a downsizer.

Many downsizers have built significant equity in their family homes over the years and are now looking to move into more manageable living spaces, while also securing funds for retirement.

But where are downsizers and rightsizers looking to buy?&nbsp;

In this article, we've looked at the most popular suburbs in Brisbane&nbsp;for both buyer demographics, highlighting some of the most popular developments in those areas.

<h2>Stones Corner</h2>

<a href="https://www.urban.com.au/developments/stones-corner-qld-4120">Stones Corner</a>&nbsp;was only officially recognised as a suburb in 2017, having previously just been classed as a precinct in Greenslopes.

Since then the suburb has become popular among downsizers and rightsizers, with close proximity to the Brisbane CBD but a suburban feel to the suburb. The fully rejuvenated Hanlon Park, voted one of the best parks in Australia, has also been a major drawcard, as has the broader infrastructure boom geared around the neighbouring Woolloongabba due to the 2032 Brisbane Olympics.

Taking advantage of the Stones Corner boom is longtime Brisbane developer <a href="https://www.urban.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a>, who are developing <a href="https://www.urban.com.au/new-apartments/stonebrook-stones-corner-10-flora-street-stones-corner">Stonebrook</a>, a nine-level, owner-occupier focused tower on the fringe of Hanlon Park.

[smartcode_project:default project_id=114094 project_image_fid=223427]

The builder-developer, who is focusing on two, three and four-bedroom apartments in the building, is on track for an early 2025 completion of the development which will give its residents direct access to Hanlon Park, lined with walking and riding tracks and a natural waterway.

Stonebrook will be a short four-minute walk from Stones Corner Village which is set to be transformed by Stockwell into a thriving mixed-use village with a new retail and dining precinct.

[smartcode_project:default project_id=114094 project_image_fid=249477]

Demand in Stones Corner is expected to continue through 2025 with the likes&nbsp;<a href="https://www.urban.com.au/developers/huon-property-group">Huon Property Group</a> wanting to launch their 114-apartment, Cleveland Street development, while up the road Peter Gartshore's Idec Group also have<a href="https://r.search.yahoo.com/_ylt=Awr.rE7bOmFnQAIAV5wM34lQ;_ylu=Y29sbwNpcjIEcG9zAzEEdnRpZAMEc2VjA3Ny/RV=2/RE=1735634907/RO=10/RU=https%3a%2f%2fwww.urban.com.au%2fnews%2fqld%2fnew-apartment-development-approved-for-stones-corner/RK=2/RS=zFdBRPa0oegvriD.BllzA24i6KI-"> approved plans for a two-tower development with 226 apartments</a>.

<h2>Arana Hills</h2>

Outside of the city in Moreton Bay,&nbsp;<a href="https://www.urban.com.au/developments/arana-hills-qld-4054">Arana Hills</a> has proven popular among families, generally the rightsizer demographic, due to its family-friendly community, schooling, abundant parklands, relative affordability, and just 20 minutes from the Brisbane CBD.

Developer&nbsp;<a href="https://www.urban.com.au/developers/jam-group">JAM Group</a>&nbsp;saw a gap in the market, a market which rarely sees new development, particularly in the townhouse community space.

The vertically-integrated builder-developer is crafting <a href="https://www.urban.com.au/new-apartments/nuovo-arana-hills-23-leslie-street-arana-hills">Nuovo</a>, 80 freehold townhouses on Leslie Street, near&nbsp;conservation parks and the Arana Hills Plaza.

[smartcode_project:default project_id=141590 project_image_fid=226629]

Nuovo, meaning "new" and "fresh" in Italian, has been designed by&nbsp;<a href="https://www.urban.com.au/architects/ceccato-associates">Ceccato + Architects</a>&nbsp;to offer the privacy and individuality of a freestanding home, but without the upkeep.

Each townhouse is a separate dwelling with a freehold title, meaning no shared walls.

[smartcode_project:default project_id=141590 project_image_fid=226631]

Construction of Nuovo is underway, with completion of the second and final stage slated for late 2026.

<h2>Rochedale</h2>

Known for its expansive green spaces and luxury houses, <a href="https://www.urban.com.au/developments/rochedale-qld-4123">Rochedale</a>&nbsp;has become a highly sought-after suburb for those looking to downsize.

Where previously opportunities to downsize locally were scant, townhouse developers have descended on the area south of Brisbane to offer a realistic option for those wanting to stay in the area but not in a large family home.

Its excellent connectivity to key employment hubs and the Brisbane CBD, along with the ongoing development of premium amenities, positions it as a top choice for individuals and families seeking a semi-rural feel with all the benefits of modern suburban living.

Rightsizers and downsizers have jumped at what national developer <a href="https://www.urban.com.au/developers/metro-property-group">Metro Property</a> is putting together in the heart of Rochedale.

Their new development, Citrine, is already 60 per cent sold ahead of its construction completion in mid-2025.

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<a href="https://www.urban.com.au/new-townhouses/citrine-townhomes-rochedale-311-gardner-road-rochedale">Citrine</a>&nbsp;will comprise 90 three and four-bedroom townhomes, each either two or three levels, set in a community anchored by a central community area with a&nbsp;resort-style pool and barbecue and dining facilities.

Future upgrades to Rochedale Town Centre promise an even greater array of amenities for residents of Citrine, including a new supermarket, additional retail and dining options, and improved pedestrian access.&nbsp;

[smartcode_project:default project_id=136295 project_image_fid=273134]

More development to uplift Rochedale even further is on its way. Developer <a href="https://www.urban.com.au/developers/kinstone-group">Kinstone Group</a> has plans for a $380 million mixed-use, masterplanned community with new housing, expansive green spaces, retail, and a boutique hotel and tavern.&nbsp;

<img alt="Kinstone plot $380 million Rochedale precinct, Rochedale Terrace" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Rochedale%20Terrace%20-%20R03%20-%20V02.jpg?VersionId=pL6nB0WXHxCrFKMjuVMmwKnPihnKzrqo" />

It has been envisioned as a ‘new community heart’ for the suburb, linking a large new parkland with existing green space to create a walkable corridor that integrates recreation, retail, and residential—where retiree-downsizers can enjoy an active lifestyle with easy access to amenities and social opportunities.

<h2>Chermside</h2>

Gardner Vaughan Group again were one of the first developers to take a really good look at&nbsp;<a href="https://www.urban.com.au/developments/chermside-qld-4032">Chermside</a>, which has earned a&nbsp;reputation as Brisbane’s “mini CBD,” offering unmatched convenience and connectivity.

Home to Westfield Chermside, one of Australia’s largest shopping centres, extensive parklands, and with excellent transport links and proximity to employment and education hubs, Chermside is one of the most popular suburbs for downsizers and rightsizers.

Supply for this market had been limited, before Gardner Vaughan Group revealed <a href="https://www.urban.com.au/new-apartments/estilo-on-the-park-chermside-75-81-kittyhawk-drive-chermside">Estilo on the Park</a>, its three-stage development across the road from 7th Brigade Park, pitched as the very lark parkside location in Chermside.

[smartcode_project:default project_id=100682 project_image_fid=186912]

Two of the three towers, Lujosa and Belleza, are both sold out, and the final stage Esencia, has just a handful of apartments remaining, ahead of its completion in early 2025.

Over 95 per cent of enquiry on Urban.com.au for Estilo on the Park has come from owner-occupiers since the project launched in 2024. More recently, as the two-bedrooms were snapped up, the next home buyers has emerged as the most dominant buyer demographic for the three and four-bedroom apartments that range from 182 sqm to 280 sqm, some of the largest apartments ever produced in the suburb.

[smartcode_project:default project_id=100682 project_image_fid=186903]

Estilo Residents will also have access to a rooftop terrace with indoor and outdoor dining, in addition to several relaxation zones, a central outdoor pool, and landscaped gardens.

<h2>Milton</h2>

<a href="https://www.urban.com.au/developments/milton-qld-4064">Milton</a> has transformed in recent years into a lively and dynamic suburb, appealing to foodies, outdoor enthusiasts, and city commuters with a new tranche of&nbsp;eateries and, breweries emerging in recent years.

Excellent transport links and pedestrian-friendly streets make Milton an easy and convenient place to call home, ensuring its appeal for those looking to downsize without leaving the energy of the city behind.

<a href="https://www.urban.com.au/developers/kokoda-property">Kokoda</a>&nbsp;Property Group has been one of the most active developers in Milton in recent years. Their <a href="https://www.urban.com.au/new-apartments/ruby-ruby-milton-12-crombie-street-milton">Ruby Ruby</a> development is one of just a handful of true tower developments to have launched in the last 18 months, and with that came unprecedented demand.

[smartcode_project:default project_id=139032 project_image_fid=232275]

Over 80 per cent of the apartments within the Crombie Street tower have sold, prompting Kokoda to add a further four levels to the building, resulting in 34 more apartments.

Amenities on offer include a rooftop infinity pool, thoughtfully landscaped BBQ areas and deck, floating daybeds, cabanas, a fire pit, private dining and bar space, a private cinema lounge, billiards room, versatile meeting rooms and a dog wash facility.

[smartcode_project:default project_id=139032 project_image_fid=231171]

Prior to Ruby Ruby, Kokoda completed <a href="https://www.urban.com.au/buildings/the-ambrose-19-23-mcdougall-street-milton">The Ambrose</a>, which has just one penthouse left since its recent completion. The Ambrose has 174 apartments above two retail spaces.

Kokoda Property Group Founder and Managing Director Mark Stevens said demand far outweighs supply for new apartments within Milton and its surrounds.

In this article, we've looked at the most popular suburbs in Brisbane for both buyer demographics, highlighting some of the most popular developments in those areas.



The most popular Brisbane suburbs for downsizers and rightsizers in 2025

Downsizers and rightsizers have dominated the new and off the plan apartment market in 2024.

The two camps, downsizers in particular, are the least impacted by the continued high interest rates compared to a first home buyer or investor, positioning them as a key target for developers. Most of the new apartment developments that have come to the market in 2024 have been large apartments that suit the size and budgets of a downsizer.

Many downsizers have built significant equity in their family homes over the years and are now looking to move into more manageable living spaces, while also securing funds for retirement.

But where are downsizers and rightsizers looking to buy?&nbsp;

In this article, we've looked at the most popular suburbs in the <a href="https://www.urban.com.au/developments/gold-coast-qld">Gold Coast</a> for both buyer demographics, highlighting some of the most popular developments in those areas.

<h2>Broadbeach</h2>

<a href="https://www.urban.com.au/developments/broadbeach-qld-4218">Broadbeach</a> continues to be one of the most popular suburbs on the Gold Coast for every buyer demographic.

Broadbeach offers high-density projects, which lend themselves to the first home buyer and investors as well as the downsizer who wants a sky-high apartment with significant amenity options within the building, as well as full-floor luxury, which tends to be the most popular downsizer option.

It's a walk to the beach, its has its own bowls club, several parks, and primary school, as well as Pacific Fair, the second largest shopping centre in Queensland, and the revamped Star Casino precinct.

It's been the largest towers that have been targeted by next home buyers.

Crest Broadbeach, by <a href="https://www.urban.com.au/developers/morris-property-group">Morris Property Group</a>, and <a href="https://www.urban.com.au/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">Victoria &amp; Albert</a>&nbsp;by <a href="https://www.urban.com.au/developers/iris-capital">Iris Capital</a>, the landmark two-tower development on the former Niecon Plaza site.

The Albert Tower in V&amp;A has been more designed for downsizers, with larger apartments starting from $1.8 million.

[smartcode_project:default project_id=107928 project_image_fid=234103]

Victoria &amp; Albert will comprise around 400 apartments, as well as a&nbsp;subtropical recreational podium with a lap pool, gym, and extensive landscaped areas.

The apartments will sit above a $200 million retail precinct which will have hand-picked retailers and hospitality venues.

[smartcode_project:default project_id=107928 project_image_fid=234095]

<a href="https://www.urban.com.au/new-apartments/crest-broadbeach-13-armrick-avenue-broadbeach">Crest</a> has also proven popular with the next home buyer demographic.

So far only the first tower has been released to the market, 184 two and three-bedroom apartments. The second tower, with slightly few apartments, will be released in the new year.

[smartcode_project:default project_id=112024 project_image_fid=241133]

Crest will sit on&nbsp;Armrick Avenue, one of three streets that face the 4.2-hectare Broadbeach Park, a sought-after spot given it means protected south and eastern views toward the beach and the ocean.

On top of the view lines, Broadbeach Park is a drawcard by itself. Broadbeach Park is home to Broadbeach Bowls Club, which has stood as the focal point of Broadbeach since the mid-1950s, as well as Nikiforides Family Park, Broadbeach Croquet Club, and the Broadbeach Life Saving Club.

[smartcode_project:default project_id=112024 project_image_fid=241132]

Morris is underway in construction of both the Crest towers, which will be completed in mid-2027.

<h2>Chevron Island</h2>

For the last three years, there's been a wide variety of options for local downsizers and rightsizers on&nbsp;<a href="https://www.urban.com.au/developments/chevron-island-qld-4217">Chevron Island</a>.

The island has been popular with those from New South Wales and Victoria who are looking to move to the Gold Coast.

Much like Broadbeach, Chevron Island residents get close proximity to Surfers, but its own different lifestyle, like the retail strip of Thomas Street and the thriving Home of The Arts precinct.

<a href="https://www.urban.com.au/developers/siera">SIERA</a>&nbsp;chose Chevron Island for its debut Gold Coast apartment development, <a href="https://www.urban.com.au/new-apartments/tapestry-chevron-island-39-darrambal-street-chevron-island">Tapestry</a>, currently under construction through SIERA's inhouse construction arm.

<a href="https://www.urban.com.au/new-apartments/tapestry-chevron-island-39-darrambal-street-chevron-island">Tapestry</a>, designed by <a href="https://www.urban.com.au/architects/bda-architecture">BDA</a>, will have 113 apartments across a 22-level building which is to be crowned by an amenity-fuelled rooftop with&nbsp;an infinity pool, private dining areas, and a gym.

[smartcode_project:default project_id=108641 project_image_fid=192961]

<a href="https://www.urban.com.au/developers/aniko-group">Aniko Group</a> also recently started construction of its first Chevron Island apartment development <a href="https://www.urban.com.au/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a>, which is comfortably over 80 per cent sold of the 102 apartments.

Also under construction through its own in-house building arm, Orama will rise 21 levels and will also feature significant rooftop amenity.

[smartcode_project:default project_id=111898 project_image_fid=209597]

Aniko Group Managing Director, George Mastrocostas, said the sales success of Orama reaffirms that downsizers are the primary market driving the Gold Coast’s appetite for premium living experiences.

Peter Malady, sales and marketing director of Aniko Group, said their strategic pricing and emphasis on luxury amenities have resonated particularly well with local downsizers, who don’t just seek a residence, but a lifestyle tailored to their needs and desires.

[smartcode_project:default project_id=143018 project_image_fid=289068]

<a href="https://www.urban.com.au/developers/sherpa-property-group">Sherpa Property Group</a>&nbsp;is also tapping into the downsizer with one of its&nbsp;newest developments,&nbsp;<a href="https://www.urban.com.au/new-apartments/perspective-helm">Perspective Helm</a>.

Eight of the 10 residences have sold, with prices starting from $3.7 million. Each apartment has three to four bedrooms, a multi-purpose room, and garaging for three to four cars.

The rising price per square metre in Chevron Island—averaging $11,000 for two-bedroom apartments in 2024—reflects the suburb's growing demand.

<h2>Palm Beach</h2>

Palm Beach has been in a boom for years, with demand mainly coming from downsizers and rightsizers. This is due to the area's significant price growth and the types of apartments being developed.

Palmie dethorned Palm Beach as the Gold Coast's most popular suburb in November, with <a href="https://www.urban.com.au/news/qld/enquiry-for-new-apartments-in-palm-beach-hits-18-month-high">enquiry reaching an 18-month high</a>.

Hitting different demographics, with different budgets, is Sherpa. Their&nbsp;<a href="https://www.urban.com.au/new-apartments/perspective-nexus-949-gold-coast-highway-palm-beach">Perspective Nexus</a>&nbsp;projects, its 12th development on the Gold Coast, comprises 35 two, three and four-bedroom apartments.

“We created <a href="https://www.urban.com.au/new-apartments/perspective-nexus-949-gold-coast-highway-palm-beach">Perspective Nexus</a> to deliver luxury, and comfort residences and revolutionise beach living for local downsizers," Sherpa General Manager, Daniel Clarke, said.

“Our goal with Perspective Nexus is to transform beachfront living with state-of-the-art amenities and innovative design."

[smartcode_project:default project_id=108324 project_image_fid=250147]

Sherpa is catering for downsizers and rightsizers, in a different way, at its recently launched <a href="https://www.urban.com.au/new-apartments/flourish-palm-beach-6-12-sixth-avenue-palm-beach">Flourish on Sixth</a>.

Flourish on Sixth is the first in Sherpa's new Flourish brand which is trying to cater for a wider buyer pool than just luxury apartments on or near the beach.

Over 60 per cent of the one, two and three-bedroom apartments have been snapped up. The one-bedroom apartments were being offered for under $600,000, and a large number of the two's under $1 million.

[smartcode_project:default project_id=146527 project_image_fid=311566]

The rooftop will have a lap pool, plunge pools, a gym, sauna, and a private kitchen and dining space.

LDS is set to build Flourish on Sixth, and will start construction in March.

[smartcode_project:default project_id=146527 project_image_fid=306037]

<a href="https://www.urban.com.au/developers/marquee-development-partners">Marquee Development Partners</a> is also seeing success at La Belle Palm Beach, one project targeting that affluent downsizer.

“Palm Beach has emerged as one of the Gold Coast’s most sought-after markets and <a href="https://www.urban.com.au/new-apartments/la-belle-palm-beach-332-the-esplanade-palm-beach">La Belle</a> is a world-class project that we have designed to meet sustained demand for premium residences on the southern Gold Coast,” Marquee Development Partners Director, Jacques Winterburn, said.

La Belle comprises 75 residences, including five two-level beach houses with nearly 400 sqm of living space.

Just two weeks after its official public launch earlier this year, over $100 million worth of sales were snapped up, with sales prices ranging from $2.5 million to $7 million.

<a href="https://www.urban.com.au/developments/palm-beach-qld">Palm Beach</a> is expected to see demand continue into 2025 with several new projects earmarked to launch early in the year.

<h2>Biggera Waters</h2>

<a href="https://www.urban.com.au/developments/biggera-waters-qld-4216">Biggera Waters</a>&nbsp;wasn't on the radar for Gold Coast off the plan apartments until Lewis Land put it on the map with its suburb-shaping new development,&nbsp;<a href="https://www.urban.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters">Harbour Shores</a>.

Harbour Shores, to be one of the most sustainable masterplans on the Gold Coast having received a 6 Star Green Star Communities rating from the&nbsp;<a href="https://www.urban.com.au/news/a-greener-future-green-building-council-australia-discusses-climate-change" target="">Green Building Council</a>&nbsp;of Australia, has proven popular with the downsizer/rightsizer given the size of the apartments and houses. Its location near Harbour Town and the Broadwater Parklands have been two major drawcards.

[smartcode_project:default project_id=113271 project_image_fid=290022]

<a href="https://www.urban.com.au/developers/lewis-land-group">Lewis Land</a>&nbsp;Chief Executive Officer Brett Draffen said the vacant 16-hectare site, which has been held by the group for more than 40 years, would be transformed into a vibrant ‘village of villages’ that will ultimately be home to more than 4,000 people.&nbsp;

“<a href="https://www.urban.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters">Harbour Shores</a>&nbsp;represents the largest and most dynamic community development in&nbsp;<a href="https://www.urban.com.au/developers/lewis-land-group" target="">Lewis Land</a>’s 65-year history, delivering architectural homes and apartments immersed in nature and world-class amenities,” Draffen said.&nbsp;

“From the outset, we assembled a first-class team of architects, landscape designers, planners and placemaking experts and set an ambitious sustainability goal for&nbsp;<a href="https://www.urban.com.au/new-apartments/harbour-shores-564-oxley-drive-biggera-waters" target="">Harbour Shores</a>&nbsp;to become the group’s first completely fossil-fuel-free development."

[smartcode_project:default project_id=113271 project_image_fid=290041]

Respected local builder&nbsp;<a href="https://www.urban.com.au/builders/greyburn">Greyburn</a>&nbsp;has been appointed to deliver the first collection of buildings which will be complted in mid-2026.

<h2>Burleigh Heads</h2>

<a href="https://www.urban.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a> remains a hotspot for affluent downsizers, as the suburb continues to look more like Bondi than a quiet coastal Gold Coast suburb.

Several major hospitality venues have opened up, none more popular than Rick Shores, while The Mondrian, the Gold Coast's first Mondrian Hotel and branded residences, is soon to open to much fan-fare.

With beachfront developments offering large, luxurious apartments starting upward of $5 million, Burleigh Heads caters to a more mature demographic.&nbsp;

<a href="https://www.urban.com.au/new-townhouses/burleigh-beach-houses-2-banksia-broadway-burleigh-heads">Burleigh Beach Houses</a>, the recently completed townhouses by&nbsp;<a href="https://www.urban.com.au/developers/21-property-group">21 Property Group</a>, have been most popular with downsizers and rightsizers.

The townhouses have four bedrooms, private lifts, outdoor entertaining areas, and plunge pools, near the beach and Burleigh's vibrant dining and shopping precinct.

The most popular suburbs on the Gold Coast for downsizers and rightsizers in 2025

Frames are up of the first batch of townhouses at Citrine, the latest townhouse community by <a href="https://www.urban.com.au/developers/metro-property-group">Metro Property</a>.

<a href="https://www.urban.com.au/new-townhouses/citrine-townhomes-rochedale-311-gardner-road-rochedale">Citrine</a>, in <a href="https://www.urban.com.au/developments/rochedale-qld-4123">Rochedale</a>, around 17 kilometres&nbsp;south of Brisbane, will comprise 90 three and four-bedroom townhouses when completed in second half of 2025 through builder <a href="https://www.urban.com.au/builders/creation-projects">Creation Projects</a>.

[smartcode_project:default project_id=136295 project_image_fid=273145]

Over 60 per cent of the townhouses have already been snapped up. Construction of the townhouses in stage two has now commenced, with all slabs poured and framing underway.

The pool shell, located in the Citrine Resident’s facility, has now been completed and construction of the balance of the resident’s facilities will commence over the coming weeks.

[smartcode_project:default project_id=136295 project_image_fid=273134]

&nbsp;

The townhouses at&nbsp;<a href="https://www.urban.com.au/new-townhouses/citrine-townhomes-rochedale-311-gardner-road-rochedale">Citrine</a>&nbsp;will feature two to three-level designs and provide a significant contrast to the predominantly single-family homes in the area.

Citrine is within walking distance of local schools, parks, and Rochedale Village. Rochedale Village features a large Coles supermarket, various dining options, pharmacies, medical services, and fitness facilities.

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/why-families-are-descending-on-citrine-townhomes-in-rochedale">Why families are descending on Citrine Townhomes in Rochedale</a>

[smartcode_project:default project_id=136295]

Rochedale's Citrine Townhomes hits 60 per cent sold as construction advances on first stage

Mosaic Property Group has sold $210 million worth of apartments within the first two weeks of its new Kangaroo Point apartment development, <a href="https://www.urban.com.au/new-apartments/the-bedford-by-mosaic-16-30-prospect-street-kangaroo-point">The Bedford</a> by <a href="https://www.urban.com.au/developers/mosaic-property-group">Mosaic</a>.

The pre-sale result&nbsp;is&nbsp;Mosaic's strongest early Brisbane response ever, coming ahead of its scheduled public launch in January 2025.

<a href="https://www.urban.com.au/new-apartments/the-bedford-by-mosaic-16-30-prospect-street-kangaroo-point">The Bedford</a>, earmarked for a 3,195 sqm site at 25 Ferry Street that has been vacant for three decades, attracted more than 600 expressions of interest in a few weeks.&nbsp;

Mosaic Founder and Managing Director Brook Monahan noted the high anticipation surrounding the undertaking, set to become the first major development in the area in over a decade, with the bulk of sales coming from the Company’s database.&nbsp;

<img alt="The Bedford by Mosaic" data-entity-type="file" data-entity-uuid="db451ca6-af42-4f6c-b693-ef9bc317650f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Building%20NW%20Corner_Dusk.jpg?VersionId=nb083lLOUBqx3kHfXbm9liAyqKY_jpb." /> 
&nbsp; 
"The intense interest generated with minimal advertising speaks to the iconic nature of this development and its exceptional location," Monahan said.

"It also underscores the deep trust and confidence buyers place in the Mosaic brand and ability to deliver with consistency and quality."

Monahan says the Bedford introduces the peninsula’s first full-service supermarket alongside expansive luxury residences.

"With its timeless architectural design, it sets a new benchmark for inner-city living, seamlessly blending convenience and sophistication in one of Brisbane’s most cherished locations.”

Located in the Dockside precinct, The Bedford comprises 128 two and three-bedroom apartments across 17 levels.

Residents will enjoy sweeping city and river views, world-class amenities tailored to contemporary urban living, and easy access to Brisbane's riverside walks, parklands, and the CBD.

<img alt="The Bedford by Mosaic - living and dining area" data-entity-type="file" data-entity-uuid="fc3f1017-3a07-4342-bd3c-2e8704240b8b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/SPH%20Living_Dining_Balcony.jpg?VersionId=MTIhfls3U1TZQk83mTKmxy37bBfB2heV" />

Following acquiring the site from Woolworths, Mosaic collaborated with Gold Coast-based architecture firm <a href="https://www.urban.com.au/architects/bda-architecture">BDA</a> to enhance the original Cottee Parker scheme.

The development will feature a 2,236 sqm Woolworths supermarket, accompanied by a café, liquor store, and ample basement parking—addressing a long-standing demand for essential amenities and convenience in the area.

&nbsp;

Solidifying its reputation as one of the region's most prolific developers, Mosaic has successfully delivered over 65 projects since 2012, with a combined value exceeding $2 billion, and has an additional $2 billion in projects either under construction or in the immediate pipeline. Currently, Mosaic is progressing three other sold-out addresses in Brisbane, all on track for completion in 2025.

<img alt="The Bedford by Mosaic - kitchen" data-entity-type="file" data-entity-uuid="a5d085e3-f413-465f-865a-427a7d042efa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/SPH%20Kitchen.jpg?VersionId=vKtm2TMBPDu_e7sOHwY1lX2J.wBbTVsH" />

Mosaic’s in-house construction arm, now ranked among the top-tier builders in Australia, will undertake The Bedford’s build.

Mosaic Construction recently earned a triple ISO certification in Quality, Environmental, and Occupational Health and Safety Management, cementing its reputation as a builder that meets the industry’s highest standards of quality, sustainability and safety.

Mosaic is gearing up for the official sales release of The Bedford, with prices starting from $1.3 million. Early construction is set to commence in 2025, with completion anticipated in 2027.

[smartcode_project_cta:default project_id=134792]

Mosaic is gearing up for the official sales release of The Bedford, with prices starting from $1.3 million

Mosaic secure $210m in pre-sales at The Bedford by Mosaic in Kangaroo Point

Builder-developer GRAYA is continuing its development push in Brisbane's <a href="https://www.urban.com.au/developments/new-farm-qld-4005">New Farm</a>.

Having recently completed <a href="https://www.urban.com.au/buildings/chalk-by-graya-228-230-moray-street-new-farm">Chalk</a> and currently delivering&nbsp;<a href="https://www.urban.com.au/new-apartments/york-new-farm-299-bowen-terrace-new-farm-qld-4005">York</a>&nbsp;in the popular riverside suburb, <a href="https://www.urban.com.au/developers/graya">GRAYA</a> has submitted plans for Ivory New Farm, just four luxury apartments on the Brisbane River.

The 17 Julius Street site spans 688 sqm and has 32-metre frontage to the river. It was bought by the Gray family for $8.5 million in late 2022&nbsp;from developer Tom Dooley, who had approved plans for a luxury four-level home.

It was reported that a home at that scale, on that rare of a site, would be worth around $20 million. A mid-1990s home sits on the block currently.

Ivory New Farm will have three full-floor apartments and an impressive two-level penthouse.

<img alt="Ivory" data-entity-type="file" data-entity-uuid="4f986697-7948-4fcf-bfef-c45765dc0493" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-12-11%20at%201.47.46%E2%80%AFPM.png?VersionId=XYxPX5iKxTAF2SZTUFVtnOcDgTSPleKU" />Each of the full floor apartments will have three bedrooms, kitchens with butler's pantries, and either a rumpus room or a bar with adjoining wine cellar.

The two-level penthouse has the same floor plan as the apartments on levels two and three, but has its own private rooftop terrace with rumpus room and second kitchen and steam room, a swimming pool, fire pit and lounge area, and stairs leading to a spa.

<img alt="Graya" data-entity-type="file" data-entity-uuid="91192fe9-fde1-41e2-99cc-0af4aa29b651" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-12-11%20at%201.47.39%E2%80%AFPM.png?VersionId=nkJ.Mpz6jnO.SRxzj4Ld9J.TVGopkXvh" />

GRAYA is operating across both Brisbane and the Gold Coast, in both the luxury house and apartment market.

They're seeking offers over $5 million for the final penthouse at Chalk.

They have Arc in <a href="https://www.urban.com.au/developments/kangaroo-point-qld-4169">Kangaroo Point</a> on the river, as well as <a href="https://www.urban.com.au/new-apartments/kloud-palm-beach-154-jefferson-lane-palm-beach">Kloud</a> and Ripple, both in <a href="https://www.urban.com.au/developments/palm-beach-qld-4221">Palm Beach</a> on the <a href="https://www.urban.com.au/developments/gold-coast-qld">Gold Coast</a>.

GRAYA is operating across both Brisbane and the Gold Coast, in both the luxury house and apartment market

First look: GRAYA files plans for Ivory New Farm apartments

<a href="https://www.urban.com.au/developers/aniko-group">Aniko Group</a>, one of Queensland’s leading builder-developers, is getting set to embark on one of the most sought-after projects to be launched on the Gold Coast in recent years.

Aniko Group, headed by George Mastrocostas, is taking registrations of interest at&nbsp;<a href="https://www.urban.com.au/new-apartments/the-landmark-mermaid-beach-14-seaview-avenue-mermaid-beach-qld-4218">The Landmark</a>, a groundbreaking $2 billion mixed-use project located in Mermaid Beach.

The ambitious development will consist of four towers, blending apartments, high-end office spaces, a fine dining precinct, and an internationally branded upper-luxury hotel.

The first release consists of 240 apartments. There will be around 800 in the overall precinct.

[smartcode_project:default project_id=134338 project_image_fid=311027]

“We are incredibly excited to bring The Landmark to life in <a href="https://www.urban.com.au/developments/mermaid-beach-qld-4218">Mermaid Beach</a>,” said George Mastrocostas, Founder and Managing Director of Aniko Group.&nbsp;

“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.”

[smartcode_project:default project_id=134338 project_image_fid=311026]

Landmark’s two and three-bedroom apartments have been designed to maximize views of the beach, city, and river.

Designed in collaboration with renowned architects at Plus and the expert team at Aniko Group, The Landmark merges contemporary coastal architecture with luxurious amenities that enhance the lifestyle experience.&nbsp;

Residents of The Landmark will enjoy an exceptional suite of amenities, which include a pickleball court, an outdoor lagoon pool, a dedicated Pilates studio, a golf simulator, an arcade, a sauna, spa, and a fully equipped gymnasium featuring state-of-the-art fitness equipment.

[smartcode_project:default project_id=134338 project_image_fid=311031]

Strategically positioned on Mermaid Beach, the development grants residents convenient access to the area’s pristine beaches, premier shopping at Pacific Fair, and a wide selection of dining and entertainment venues, including The Star Casino and the lively precincts of Broadbeach and Burleigh Heads.

Aniko Group brings a proven track record of delivering exceptional large-scale projects on schedule and with a commitment to quality. Following the successful completion of a $500 million waterfront transformation at Hope Island and the upcoming $145 million Orama project on Chevron Island, Aniko Group has further solidified its reputation as a trusted and reliable developer-builder. The company is preparing to redeploy its skilled construction teams to The Landmark in early 2025, ensuring the project will be built to the highest standards of quality and craftsmanship.

With its distinctive design, comprehensive amenities, and prime location, The Landmark is positioned to become a defining addition to the Gold Coast skyline and a coveted address for buyers and investors from across Australia and beyond.

[smartcode_project_cta:default project_id=134338]

Landmark’s two and three-bedroom apartments have been designed to maximize views of the beach, city, and river.

Registrations of interest start at Aniko's Mermaid Beach precinct, The Landmark

Splitting time between <a href="https://www.urban.com.au/developments/sydney-nsw">Sydney</a> and the <a href="https://www.urban.com.au/developments/gold-coast-qld">Gold Coast</a> has never been so popular.

While a long-favoured destination for Sydney families seeking a summer getaway, the Gold Coast is growing in popularity among retirees who are making it their second home, and sometimes, their primary residence.

Of course there are also who already have the beachside lifestyle in Sydney, but are looking for something else.

That was the case for David and Antoniette Richards, who have been Mosman locals for several decades. They recently secured a <a href="https://www.urban.com.au/new-townhouses/capri-81-salerno-street-isle-of-capri">villa in Capri</a>, the gated community currently being delivered by <a href="https://www.urban.com.au/developers/monaco-property-group">Monaco Property Group</a> on the <a href="https://www.urban.com.au/developments/isle-of-capri-qld-4217">Isle of Capri</a>, across a bridge from <a href="https://www.urban.com.au/developments/surfers-paradise-qld-4217">Surfers Paradise</a> and all of the connectivity that comes with it.

[smartcode_project:default project_id=139511 project_image_fid=298822]

The couple had been exploring their options and how they want to downsize. Looking at the local Mosman market, and the $5 million-plus prices that were being commanded for two and three-bedroom apartments, they decided to look north.

“We’ve been holidaying on the Gold Coast for the last four decades, and as we approach retirement, we wanted to spend more time here,” says David, a former journalist and media executive. “The decision to move north was an easy one. The question for us was where.”

For David and Antoniette, it wasn’t necessarily to make a sea change.

“Initially, we looked at places like <a href="https://www.urban.com.au/developments/broadbeach-qld-4218">Broadbeach</a> and <a href="https://www.urban.com.au/developments/main-beach-qld-4217">Main Beach</a>, but we didn’t feel the need to be right on the beach,” says David, whose home overlooks Balmoral Beach in Mosman. “What really appealed to us was the size of the properties and the type of community we could become part of.”

When they discovered the <a href="https://www.urban.com.au/new-townhouses/capri-81-salerno-street-isle-of-capri">Capri</a> development, everything clicked. “When we saw what Monaco Property Group was offering, we knew it was the right fit for us,” David recalls.

[smartcode_project:default project_id=139511 project_image_fid=298833]

The Richards secured a three-level, four-bedroom townhouse in the villa community of 48 residences, paying a fraction of what they would have paid for something similar in Sydney. “It’s incredible value for money,” David says. “You couldn’t get anything like this in a desirable Sydney suburb.”

Beyond the financial benefits, the location of <a href="https://www.urban.com.au/new-townhouses/capri-81-salerno-street-isle-of-capri">Capri</a> was a major draw. The development is nestled near golf clubs, cafes like Via Roma, and is far enough from the Gold Coast’s major tourist zones to offer a more tranquil lifestyle. “It’s the best of both worlds,” David adds. “We’re close to everything, but not caught up in the noise.”

[smartcode_project:default project_id=139511 project_image_fid=298829]

Antoinette, a seasoned interior designer, was particularly excited about the possibilities the new space presented. The couple has built and designed several homes together in Sydney, and Antoinette knew exactly what to look for when it came to both the layout and finishes of their new home.&nbsp;

“NPA Projects took us through the specifications, and Plus Architecture and BDA designed a floorplan that suited our needs perfectly,” David says. “The multi-generational layouts, private lift, and high-end appliances really sold us on the place.”

The central amenities at <a href="https://www.urban.com.au/new-townhouses/capri-81-salerno-street-isle-of-capri">Capri</a> were also key to their decision.&nbsp;

“The smaller downsizer buildings in Sydney didn’t offer the level of amenities we wanted. We wanted a real sense of community, where we could interact with neighbours and see familiar faces at the pool, rather than constantly encountering short-term renters and holidaymakers.”

[smartcode_project:default project_id=139511 project_image_fid=317104]

While the housing type, design, specifications, location and price boxes were all ticked, a purchase wouldn’t have happened without confidence in the team delivering <a href="https://www.urban.com.au/new-townhouses/capri-81-salerno-street-isle-of-capri">Capri</a>.

“I was impressed with the developer and his passion for the project,” David said.

“We were told he was a local <a href="https://www.urban.com.au/developments/isle-of-capri-qld-4217">Isle of Capri</a> resident, and that helped in our understanding of what the project meant to him.”&nbsp;

[smartcode_project:default project_id=139511 project_image_fid=298831]

David said nowadays, you really have to do your research.&nbsp;

“Buildings from the 70s through to the 2000s were built to last, and there wasn’t much to worry about when it came to researching the developers behind them. But now, buyers have to be more diligent. You really need to understand who is behind a project before committing,” he says.

Adding to the confidence of the developer was the build partner, Greyburn, who has delivered a string of projects up and down the Gold Coast for over 20 years.

Greyburn is a solid builder in South East Queensland, and it’s easy to see they deliver what they promise. We feel confident in their ability to complete the project to the highest standard.”

Construction of <a href="https://www.urban.com.au/new-townhouses/capri-81-salerno-street-isle-of-capri">Capri</a> is set to complete in mid-2025. A handful of villas remain for sale.

David and Antoniette took part in Urban's Buyer Q&amp;A series which focuses on the driving factors behind&nbsp;<a href="https://expert-insights/buying/the-top-eight-considerations-when-buying-off-the-plan" target="">buying off the plan</a>&nbsp;property in Australia.

[smartcode_project_cta:default project_id=139511]

Construction of the villa development, Capri, is set to complete in mid-2025

From Mosman to Isle of Capri: Why Sydney buyers are heading to the Gold Coast

Southport is about to witness the arrival of some of its most expansive apartments ever, with the launch of Brighton on The Park, a prestigious new development by Sixty Sticks.

Positioned on the park-facing Brighton Boulevard, <a href="https://www.urban.com.au/new-apartments/brighton-on-the-park-southport-28-brighton-parade-southport">Brighton on the Park</a> offers unparalleled, never-to-be-built-out views over the adjacent parklands, Nerang River, and extensive views toward the Main Beach skyline and Surfers Paradise. The exclusive development will feature just 12 luxurious apartments, with sizes starting from a generous 247 sqm.

The three-bedroom, half-floor residences offer spacious living, with the largest apartments reaching 300 sqm.

Designed with a focus on lifestyle and leisure, Brighton on The Park boasts an array of high-end amenities, including a rooftop pool with sun-drenched day beds, a fully equipped gym, and multiple lounge areas.

[smartcode_project:default project_id=138113 project_image_fid=209672]

Sixty Sticks, led by Andrew Gilbert, has owned the 1,000 sqm-plus site since 2018, well before COVID-19 caused land prices on the Gold Coast to soar to record highs.

Preliminary works are booked in and ready to ensure the project launches by early 2025.

Demolition of the existing house on the property will begin shortly, with construction expected to start in Q1/Q2 2025. The build is anticipated to take around 14 months, as the project will not require excavation for basement parking, which typically adds significant time to the timeline.

With construction on track, buyers can expect to move in by mid-2026.

[smartcode_project:default project_id=138113 project_image_fid=209672]

Gilbert explains that the majority of buyer interest so far has come from local suburbs, particularly downsizers looking for spacious apartments that can accommodate visits from kids and grandkids.

"These buyers are drawn to the convenience of apartment living, with all the comforts of a home—like a rooftop pool and an entertainer’s balcony—without the upkeep," Gilbert says.

[smartcode_project:default project_id=138113 project_image_fid=209308]

Each apartment features a generous balcony with a full outdoor kitchen, offering views over James Overell Park and the Gold Coast skyline.

The heart of each residence is the kitchen, designed to offer the feel of a house with a large butler’s pantry and a floating island that doubles as both a dining and entertaining area.

Each apartment also includes two side-by-side parking spaces, complete with an EV charging station.

[smartcode_project_cta:default project_id=138113]

Sixty Sticks, led by Andrew Gilbert, has owned the 1,000 sqm-plus site since 2018, well before COVID-19 caused land prices on the Gold Coast to soar to record highs


Brighton on the Park to offer Southport's largest apartments

Three years after submitting a planning application, and two and a half years since it was approved, Iris Capital has revealed to buyers what it plans to create on its prime Garfield Terrace site.

The development, <a href="71 Garfield">71 Garfield</a>, will feature just 52 apartments, ranging from two-bedroom units with multi-purpose rooms to a $25.5 million penthouse. Designed by <a href="https://www.urban.com.au/architects/dbi">DBI</a>, the architecture firm behind Iris Capital’s debut Gold Coast project, V&amp;A Broadbeach, 71 Garfield is set to offer a new level of luxury in the area.

[smartcode_project:default project_id=110713 project_image_fid=317231]

The majority of the apartments, with spacious layouts and premium finishes, are oriented to take advantage of the beachside position. The building will offer direct access to the sand.

There are two, three and four-bedrooms, a three-level penthouse with its own private rooftop terrace on offer, as well as a rare, two-level beachfront house with four bedrooms, two living areas, and a private pool.

[smartcode_project:default project_id=110713 project_image_fid=317233]

Residents of 71 Garfield will benefit from several luxury facilities, also oriented to capture the views. The swimming pool and gym looking directly across the water, as does the yoga deck.

On the submission to the Gold Coast City Council, DBI said 71 Garfield is "designed exclusively for the coastal environment, moving away from smaller unit types and white upstands to embrace the increasing demand for large apartments and 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."

[smartcode_project:default project_id=110713 project_image_fid=317232]

71 Garfield is one of just a handful of projects active in the market on what is known as the Surfers Paradise Glitter Strip.

Garfield Terrace, on Northcliffe Beach, was mooted to go through a huge transformation several years ago, but several developments haven't gone ahead and have traded hands in recent years.

AALTO, by Weiya Holdings just next door to 71 Garfield, is now in the <a href="https://www.urban.com.au/news/qld/first-look-exclusive-winx-breeder-john-camilleri-continues-gold-coast-apartment-development-site-spree">hands of Winx breeder John Camilleri</a>, while prominent developer KTQ also sold its <a href="https://www.urban.com.au/news/qld/first-look-ktq-sell-garfield-terrace-site-for-56-million-as-demand-soars-for-gold-coast-beachfront-sites">Garfield Terrace site for $56 million</a>.

<a href="https://www.urban.com.au/developers/iris-capital">Iris Capital</a> is working away on <a href="https://www.urban.com.au/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">Victoria &amp; Albert</a>, its two-tower landmark which is replacing the Niecon Plaza in <a href="https://www.urban.com.au/developments/broadbeach-qld-4218">Broadbeach</a>.

Iris, led by billionaire Sam Arnaout, is now a fully integrated developer, having <a href="https://www.urban.com.au/news/qld/iris-capital-create-construction-arm-to-build-victoria-albert-broadbeach-apartments">brought construction inhouse last year</a> when they established <a href="https://www.urban.com.au/builders/iris-built">Iris Built</a>.

[smartcode_project_cta:default project_id=110713]

71 Garfield is one of just a handful of projects active in the market on what is known as the Surfers Paradise Glitter Strip.

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