<article data-scroll-anchor="true" data-testid="conversation-turn-3" dir="auto">
<p>Sydney's new apartment market is gearing up for a big 2025, with several key projects across some of the Harbour capital's most popular suburbs.</p>

<p>The off the plan apartment market in Sydney has had an interesting year. First-home buyers have scrambled to secure entry-level apartments at the earliest opportunity in key metro suburbs like Crows Nest and Castle Hill, while the establishment of new suburbs like Melrose Park and Norwest has also been a favourite for those trying to get into the property market for the first time.</p>

<p>At the other end of the scale, affluent downsizers have driven considerable sales in Sydney's more prestigious suburbs, with supply starting to flow through for larger-scale apartments designed for those looking to check out of their family home.</p>

<p>The middle market, which misses both of these types of buyers, has been the trickiest to pin down in 2024, with interest rates impacting those wanting to spend between around $1.5 million to $2.5 million the most.</p>

<p>What off-the-plan buyers do know about the Sydney market, which is softening after yet another boom, is that Sydney prices always trend upwards eventually. They're recognizing the investment opportunity to buy an apartment and not have to start paying off the mortgage until completion, which could be two or three years away when interest rates should be lower, and the apartment they purchased should have grown in value.</p>

<p>Downsizers care little about interest rates or value growth on the apartment. What they care about is how they can plan the next phase of their life: when to retire, when to sell the family home, and what they'll be calling home likely for the rest of their lives. They're looking for certainty in delivery, which tends to mean they'll wait until the building is out of the ground before committing to a purchase. They want experienced developers, architects, and builders with a track record of delivering apartments to downsizers previously, a bonus if it's in the area.</p>

<p>There's a diverse mix of new projects coming next year, from small boutique apartments in Sydney's harborside suburbs to higher-density projects in the CBD and near train stations.</p>

<p>In this article, we explore where, what, and who is driving the most exciting new developments coming to Sydney in 2025.</p>

<h2><span id="cke_bm_884S" style="display: none;">&nbsp;</span>Who: Podia &amp; CASA</h2>

<h2>Where: North Sydney</h2>

<p>Luxury Sydney developer Podia and joint venture partner CASA will be bringing some much-needed new supply to North Sydney in early 2025, with a, architecturally-striking new building on McLaren Street.</p>

<p>The Bates Smart project at 45 McLaren Street will feature 71 residences, a mix of apartments and townhouses, across a stepped 14-level building, cleverly designed to allow for expansive terraces on the upper levels.</p>

<p><img alt="Podia" data-entity-type="file" data-entity-uuid="46aca352-dcd5-4a32-a395-41bbf8d91b81" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-12-13%20at%208.10.21%E2%80%AFAM.png?VersionId=ckWz2so6vUxlBdyloJ3xiT9RIfb9gBbp" /></p>

<p>Nearly half of the building will be made up of three-bedroom configurations which start from over 100 sqm and go as large as 184 sqm. There are also one and two-bedroom apartments, as well as a two-level, four-bedroom penthouse.</p>

<p>Communal amenities include a roof terrace on level eight, and there’s a public through-site link enhancing connectivity to nearby streets.</p>

<p>North Sydney has proven in demand with off the plan apartment buyers, but in the last three years, they've only had AURA by Aqualand to choose from, across the road from Podia &amp; CASA's new project and next to Victoria Cross Metro.</p>

<h2>Who: Cbus &amp; Galileo</h2>

<h2>What: East Walker Residences</h2>

<h2>Where: North Sydney</h2>

<p>Just 200m away from Podia &amp; CASA's new project will be East Walker Residences, another joint venture development by Cbus and Galileo Group.</p>

<p>East Walker Residences, which will also launch next year when it secures development approval from the local council, will comprise 239 apartments across three buildings designed by Rothelowman.&nbsp;<img alt="First look exclusive: Cbus and Galileo revise plans for new North Sydney apartment development" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-07-11%20at%204.47.10%E2%80%AFAM.png?VersionId=5Yoe1XDt4w_3flgagSB5ejSCn80ZksY_" /></p>

<p>The tallest tower will rise 30 levels and home around 161 of the total apartments, with a smaller 12-level building with a further 78.&nbsp;</p>

<p>Amenity will be in the form of a rooftop lap pool on an adjoining five-level building, and an integrated ground plane and a two-level transitional podium with extensive landscaping.</p>

<h2>Who: First Sponsor &amp; ICD Property</h2>

<h2>What: Sydney House</h2>

<h2>Where: Sydney</h2>

<p>Another joint venture will see the Singapore listed First Sponsor work with Melbourne-based developer ICD Property on Sydney House, the redevelopment of the landmark City Tattersall building on Pitt Street in the Sydney CBD.</p>

<p>Richard Crookes Constructions has already started the build of the striking new tower that will emerge above the heritage-listed former club that will be restored and converted into heritage hospitality venues.</p>

<p>The 50-level tower will have 241 high-end apartments and a 110-room hotel.</p>

<p>[smartcode_project:default project_id=12428 project_image_fid=312146]</p>

<p><a href="https://www.urban.com.au/architects/bvn-architecture">BVN Architecture</a>&nbsp;won the design competition to create the new development, dubbed&nbsp;<a href="https://www.urban.com.au/new-apartments/sydney-house-194-204-pitt-street-sydney">Sydney House</a>, handling both the tower and the interiors.&nbsp;FJC Studio led the design of the heritage podium.</p>

<p>The project is expected to support more than 1,600 jobs during the construction phase and create significant long-term economic benefits once completed.</p>

<p>[smartcode_project:default project_id=12428 project_image_fid=312149]</p>

<p><a href="https://www.urban.com.au/project-marketer/cbre-residential-australia" target="">CBRE</a>&nbsp;Residential Projects Senior Director Tim Rees says that once completed in 2027, Sydney House will be Sydney CBD’s newest icon blending modern architecture with historic grandeur located in one of the most prestigious enclaves of the CBD.&nbsp;</p>

<p>“Pitt Street is arguably the most significant street in all of Sydney," Rees said.</p>

<p>"Just a stone’s throw from Circular Quay, The Opera House, Hyde Park and Darling Harbour, Sydney House offers seamless connection with the CBD and beyond. Pitt Street Mall is literally across the road, and there is an abundance of dining venues in close proximity. The outlook from Sydney House will be breathtaking with views of Hyde Park and&nbsp;<a href="https://www.urban.com.au/developments/sydney-nsw-2000">Sydney’s famous iconic landmarks</a>&nbsp;on offer."</p>

<h2><span id="cke_bm_2499S" style="display: none;">&nbsp;</span>Who: Deicorp</h2>

<h2>What:&nbsp;Falcon &amp; Alexander</h2>

<h3>Where: Crows Nest</h3>

<p>Burgeoning developer <a href="https://www.urban.com.au/developers/deicorp">Deicorp</a> will launch its first development in Crows Nest in 2025, a 16-level building at Five Ways Junction.</p>

<p>The tower, <a href="https://www.urban.com.au/new-apartments/falcon-alexander-8-alexander-street-crows-nest">Falcon &amp; Alexander</a>, will have 129 apartments above&nbsp;an 8,000 sqm commercial podium designed by Turner Studio.&nbsp;</p>

<p><img alt="Deicorp" data-entity-type="file" data-entity-uuid="ff8c3217-5830-4eaf-a1b9-41db2775e2de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-12-13%20at%207.47.01%E2%80%AFAM.png?VersionId=Vd0JWlrXDHLDzflAifNDpajGU5pxP.hw" /></p>

<p>The tower will be just 300 metres to the newly opened Crows Nest Metro Station.</p>

<p>Read more:&nbsp;<a href="https://www.urban.com.au/news/nsw/deicorp-secure-gazettal-approval-for-fiveways-junction-crows-nest"><em>Deicorp secure gazettal approval for Fiveways Junction, Crows Nest</em></a></p>

<h2>Who: Coronation Property</h2>

<h2>Where: Chatswood</h2>

<p>Coronation Property is expected to finally launch its Chatswood apartment tower next year, having spent the majority of 2024 padding out its build-to-rent pipeline.</p>

<p>The $200 million development at 57-61 Archer Street, near Westfield Chatswood and Chatswood Chase, will home 130 apartments above 2,000 sqm of retail space.</p>

<p>[smartcode_project:default project_id=29796 project_image_fid=267349]</p>

<p>“The site is in an ideal location, in a blue-chip area that is currently experiencing extensive investment into its town centre and the surrounding infrastructure," said Aras Labutis, Coronation Property's Head of Urban Transformations.</p>

<p>"These factors will drive further growth in the area and make Chatswood an excellent opportunity for owner-occupiers and investors.</p>
</article>

<h2>Who: ALAND</h2>

<h2>What: Queen Street</h2>

<h2>Where: Campbelltown</h2>

<p>Prominent Sydney apartment developer ALAND will be launching its Queen Street mixed-use precinct on their prime gateway site in Campbelltown.</p>

<p>The abandoned Brands on Sale outlet at 22-32 Queen Street will become a new community with around 558 apartments across five buildings. The two-hectare site will also comprise an Eat Street with retail and hospitality spaces and over 4,000 sqm of publicly accessible space, including a two-level community building with an auditorium, kiosk, and multi-purpose spaces.</p>

<p><img alt="Campbelltown" data-entity-type="file" data-entity-uuid="fafd7b1b-08d7-4eaf-9ecc-29c0935499c5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-12-16%20094942.png?VersionId=vdFqgcOCuzpWgnRLSDmm82WehZKeIfLq" /></p>

<p>“This development will be the catalyst for the re-development of the north-eastern end of Queen Street, and flow through to the Campbelltown CBD, aligning with the strategic plans council has envisioned for the city,” ALAND CEO George Tadrosse said.&nbsp;</p>

<p>“The construction and operational phases of the development will provide new jobs for the Macarthur region as well as a brand new Eat Street retail dining precinct.</p>

<p>“Campbelltown is an obvious choice for a project of this scale being a satellite city with great affordability and transport systems. Future residents will have access to Western Sydney University, Macarthur Square, Campbelltown Mall and Campbelltown Hospital, which is currently undergoing a $600 million upgrade.”</p>

<h2>Who: Abadeen</h2>

<h2>What: Henri House</h2>

<h2>Where: Darlinghurst</h2>

<h2>When: February 2025</h2>

<p>Luxury Lower North Shore developer Abadeen is heading south of the harbour for its latest apartment development.</p>

<p>Abadeen, with several active projects across Neutral Bay, Mosman and Naremburn, as well as several lined up in Melbourne, will launch Henri House, just 13 two, three and four-bedroom apartments in Darlinghurst.</p>

<p><img alt="Abadeen" data-entity-type="file" data-entity-uuid="c811bfee-065e-4300-8484-eedd61de2c7a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-12-16%20094750.png?VersionId=czScpQpwnnaNfi9ZrcRD6T0hlpfbNDpf" /></p>

<p>Woods Bagot has designed the seven-level building at 375 Liverpool Street, near Darlo Bar and the heart of Darlinghurst's cafe scene.</p>

<p>Several of the apartments, designed by Chris McCue from Studio McCue and in landscaping by Dangar Barin Smith, offer north-facing views to the Harbour Bridge</p>

<h2>Who: Made Property</h2>

<h2>What: Kirribilli Harbour</h2>

<h2>Where: Kirribilli</h2>

<h2>When: February 2025</h2>

<p>Luxury developer Made Property Group is set to launch one of the first developments in Kirribilli in years.</p>

<p>They're revealing Kirribilli Harbour, two boutique buildings on the heritage Kirribilli Avenue, overlooking Mary Booth Lookout Reserve.</p>

<p><img alt="Made" data-entity-type="file" data-entity-uuid="9043a7bb-68ef-47d0-9837-9abff1f1b6a4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-12-02%20at%202.30.47%E2%80%AFPM.png?VersionId=gGW1et5h8X1pz.f5qBkx5hNYppSsDKNa" /></p>

<p>There will be just nine whole-floor residences across the four and five-level buildings with front row harbour views.</p>

<p>Two two-bedroom apartments will be available, as well as seven three-bedroom residences, each with a study.</p>

<p>EM BE CE has designed the building which will have interiors by Ennen &amp; Co and landscaping by Dangar Barin Smith.</p>

<h2>Who: Central Element</h2>

<h2>Where: Hyde Park</h2>

<p>Central Element is expected to launch its Hyde Park development, 271 Elizabeth Street, in 2025.</p>

<p>The development, in collaboration with equity partner, has been designed by the renowned architects Glenn Murcutt and Angelo Candalepas and will see 42 luxury apartments, mixed with hospitality spaces and amenities, replace the former&nbsp;16-level Hyde Park Inn Hotel.</p>

<p><img alt="Central Eleemnt" data-entity-type="file" data-entity-uuid="e709a188-26fb-405a-99d8-198522f35d98" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-12-16%20094807.png?VersionId=Iq5YGSrV1bQgviSQpUTlRGIXyOYQCX7G" /></p>

<p>The architectural design of the project places a strong emphasis on framing the picturesque views nearby, including the enchanting avenues along Elizabeth and Castlereagh Street.&nbsp;</p>

<p>A mix of two, three and four-bedroom apartments will be on offer, including full-floor apartments with terraces. Residents will have access to a full floor of amenities.</p>

<p>Central Element Managing Director Nathan Chivas said the goal is to transform the site into a pivotal cornerstone of Sydney's future.</p>

<h2>Who: Mirvac</h2>

<h2>Where: Green Square</h2>

<p>Mirvac's evolution of the Green Square precinct is set to continue next year following the recent completion of a trio of buildings in the area.</p>

<p>Having completed The Frederick, Portman on the Park, and Portman House earlier this year, Mirvac will be looking to launch the next two buildings in Green Square, a precinct they've been developing in collaboration with Landcom since 2012, transforming 13.7-hectares around Green Square Train Station to now homeapartments, eateries, a library, and a primary school.&nbsp;</p>

<p><img alt="First look: Mirvac continue Green Square transformation with three-tower mixed-use development" 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/Screenshot%202023-10-05%20at%203.46.20%20pm.png?VersionId=3A4.AGyEV.ANcr7zX85GiB1CMCR5Kw7q" /></p>

<p>The upcoming $315 million phase includes three new towers: two by Tzannes Architects (19 and 14 levels) with 124 and 183 apartments, and 14 retail spaces, and a 21-level tower by Bates Smart with 77 larger, owner-occupier-focused apartments.&nbsp;</p>

<p>The development will border the Green Square central plaza, adding to the precinct’s existing 1,000 residents.</p>

<h2>Who: Fortis</h2>

<h2>Where: Rose Bay</h2>

<p>Luxury national property developer, <a href="https://www.urban.com.au/developers/fortis">Fortis</a>, has several developments in the cross hairs across Sydney and Melbourne in 2025.</p>

<p>They'll be in a position to launch their latest Rose Bay development next year, having sought approval from the Woollahra Council in August for 11 three-bedroom apartments on <a href="https://www.urban.com.au/new-apartments/10-12-ian-street-rose-bay">Ian Street</a>.</p>

<p><img alt="First look exclusive: Fortis plan new Rose Bay apartments" 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/IAN%20St%20perspective.png?VersionId=Q2zUATOJPNYChb1OuW_qMNa41pZR8hYZ" /></p>

<p>The five-level building has been designed by&nbsp;MHN Design Union, who designed Fortis' recently completed Atlas development on the nearby Spencer Street.</p>

<h2>Who: Urban Property Group</h2>

<h2>What:&nbsp;Coast</h2>

<h2>Where: Little Bay</h2>

<p>After a long approval process, Urban Property Group is expected to kick off the sales at its rare Little Bay apartment development, Coast, which they've already started building.</p>

<p>Hill Thali Architecture have designed the courtyard-style complex at 11 Jennifer Street which will home 76 one, two and three-bedroom apartments across three buildings.</p>

<p><img alt="Exclusive first look: Urban Property Group reveal Little Bay apartments project" 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/Screenshot%202022-12-02%20at%209.11.44%20am.png?VersionId=iIsympgSuju1YuASJRpl2Rl43.g9NKpB" /></p>

<p>15 of the ground-floor garden apartments have direct street or garden access and private gardens. The top-floor apartments on both levels two and three have larger floorplans and extensive terraces.</p>

<h2>Who: Urban Property Group</h2>

<h2>What: Mayfair on Penrith</h2>

<h2>Where: Penrith</h2>

<p>Urban Property Group will be doubling down in 2025, with a continued focus in the western corridor they've primarily operated in.</p>

<p>They'll launch their station-focussed development Mayfair on Penrith, the final addition to their award winning series of projects in the Thornton precinct opposite Penrith Station.</p>

<p>Mayfair will have 287 apartments across two 10-level, mixed-use buildings, with the apartments sitting above significant ground-level retail spaces.[</p>

<p><img alt="Urban Property Group secure approval for Mayfair Penrith mixed-use development " 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/Mayfair%20Penrith.png?VersionId=RDv3O.ttpS68vM4Y7loFAz1CtTBKajHD" /></p>

<p>Designed by SJB, Mayfair’s podium incorporates a two-story colonnade designed to mimic Sydney's famous GPO building.</p>

<p>There will be rooftop pools, green spaces, and direct access to Penrith Station.</p>


In this article, we explore where, what, and who is driving the most exciting new developments coming to Sydney in 2025.

Joel Robinson

Sydney's top new apartment developments launching in 2025

<p>Downsizers and rightsizers have dominated the new and off the plan apartment market in 2024.</p>

<p>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.</p>

<p>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.</p>

<p>But where are downsizers and rightsizers looking to buy?&nbsp;</p>

<p>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.</p>

<h2>Broadbeach</h2>

<p><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.</p>

<p>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.</p>

<p>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.</p>

<p>It's been the largest towers that have been targeted by next home buyers.</p>

<p>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.</p>

<p>The Albert Tower in V&amp;A has been more designed for downsizers, with larger apartments starting from $1.8 million.</p>

<p>[smartcode_project:default project_id=107928 project_image_fid=234103]</p>

<p>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.</p>

<p>The apartments will sit above a $200 million retail precinct which will have hand-picked retailers and hospitality venues.</p>

<p>[smartcode_project:default project_id=107928 project_image_fid=234095]</p>

<p><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.</p>

<p>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.</p>

<p>[smartcode_project:default project_id=112024 project_image_fid=241133]</p>

<p>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.</p>

<p>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.</p>

<p>[smartcode_project:default project_id=112024 project_image_fid=241132]</p>

<p>Morris is underway in construction of both the Crest towers, which will be completed in mid-2027.</p>

<h2>Chevron Island</h2>

<p>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>.</p>

<p>The island has been popular with those from New South Wales and Victoria who are looking to move to the Gold Coast.</p>

<p>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.</p>

<p><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.</p>

<p><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.</p>

<p>[smartcode_project:default project_id=108641 project_image_fid=192961]</p>

<p><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.</p>

<p>Also under construction through its own in-house building arm, Orama will rise 21 levels and will also feature significant rooftop amenity.</p>

<p>[smartcode_project:default project_id=111898 project_image_fid=209597]</p>

<p>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.</p>

<p>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.</p>

<p>[smartcode_project:default project_id=143018 project_image_fid=289068]</p>

<p><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>.</p>

<p>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.</p>

<p>The rising price per square metre in Chevron Island—averaging $11,000 for two-bedroom apartments in 2024—reflects the suburb's growing demand.</p>

<h2>Palm Beach</h2>

<p>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.</p>

<p>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>.</p>

<p>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.</p>

<p>“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.</p>

<p>“Our goal with Perspective Nexus is to transform beachfront living with state-of-the-art amenities and innovative design."</p>

<p>[smartcode_project:default project_id=108324 project_image_fid=250147]</p>

<p>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>.</p>

<p>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.</p>

<p>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.</p>

<p>[smartcode_project:default project_id=146527 project_image_fid=311566]</p>

<p>The rooftop will have a lap pool, plunge pools, a gym, sauna, and a private kitchen and dining space.</p>

<p>LDS is set to build Flourish on Sixth, and will start construction in March.</p>

<p>[smartcode_project:default project_id=146527 project_image_fid=306037]</p>

<p><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.</p>

<p>“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.</p>

<p>La Belle comprises 75 residences, including five two-level beach houses with nearly 400 sqm of living space.</p>

<p>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.</p>

<p><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.</p>

<h2>Biggera Waters</h2>

<p><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>.</p>

<p>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.</p>

<p>[smartcode_project:default project_id=113271 project_image_fid=290022]</p>

<p><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;</p>

<p>“<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;</p>

<p>“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."</p>

<p>[smartcode_project:default project_id=113271 project_image_fid=290041]</p>

<p>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.</p>

<h2>Burleigh Heads</h2>

<p><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.</p>

<p>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.</p>

<p>With beachfront developments offering large, luxurious apartments starting upward of $5 million, Burleigh Heads caters to a more mature demographic.&nbsp;</p>

<p><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.</p>

<p>The townhouses have four bedrooms, private lifts, outdoor entertaining areas, and plunge pools, near the beach and Burleigh's vibrant dining and shopping precinct.</p>


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

<p>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>.</p>

<p><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>.</p>

<p>[smartcode_project:default project_id=136295 project_image_fid=273145]</p>

<p>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.</p>

<p>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.</p>

<p>[smartcode_project:default project_id=136295 project_image_fid=273134]</p>

<p>&nbsp;</p>

<p>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.</p>

<p>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.</p>

<p>Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/why-families-are-descending-on-citrine-townhomes-in-rochedale"><em>Why families are descending on Citrine Townhomes in Rochedale</em></a></p>

<p>[smartcode_project:default project_id=136295]</p>


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

<p>Tech billionaire Robin Khuda’s <a href="https://www.urban.com.au/developers/ondas">Ondas</a> has received final approval for its long-awaited development in Sydney's millionaire's playground.</p>

<p>It's taken over three years for the six luxury apartments by <a href="https://www.urban.com.au/architects/rob-mills-architecture-interiors">Rob Mills Architecture</a> to be approved, on the Barrenjoey Road site of the former Palm Beach Fish &amp; Chips Shop.</p>

<p>The apartments will sit above three ground-floor retail spaces, next door to Barrenjoey House.</p>

<p>The approval follows years of revisions and challenges, including community opposition over concerns about height, bulk, and potential impacts on the area’s character.&nbsp;</p>

<p>Initial plans submitted in 2021 faced multiple setbacks, including rejection by the Northern Beaches Local Planning Panel and requests for significant design modifications to address community and planning concerns.&nbsp;</p>

<p>Despite these obstacles, the amended proposal has now been deemed a valuable addition to the Palm Beach locality.</p>

<p>Acting Commissioner Thorpe praised the project’s design, stating that it would “provide much-needed amenity, commercial business, and housing” while being “respectful of the adjacent heritage item.”&nbsp;</p>

<p>The site neighbours the historic Barrenjoey House, and its redevelopment is anticipated to enhance the area’s seaside atmosphere while maintaining its distinctive charm.</p>

<p>This project aligns with Khuda’s broader real estate ambitions under the Ondas banner, which focuses on high-end residential developments targeting affluent downsizers.&nbsp;</p>

<p>Ondas has recently completed six apartments in Manly, and they have a <a href="https://www.urban.com.au/news/vic/robin-khudas-ondas-gets-greenlight-for-22-million-st-kilda-apartment-development">project in St Kilda in Melbourne</a> which is expected to launch in 2025.</p>


Billionaire Robin Khuda's Ondas secures Palm Beach apartments development approved

<p>Multi-billion-dollar developer <a href="https://www.urban.com.au/developers/gurner">GURNER™ Group</a> has officially commenced demolition works at its $2.75 billion redevelopment of South Yarra's <a href="https://www.urban.com.au/new-apartments/500-chapel-street-south-yarra">Jam Factory on Chapel Street</a>.</p>

<p>GURNER™ Group and joint venture partner Qualitas purchased the remaining 65 per cent interest in the site from Newmark Capital in June after owning 35 per cent since 2021. &nbsp;</p>

<p>Heavy machinery arrived on-site this week with initial demolition works to remove all non-heritage components across the 20,000 sqm site, including the existing Village Cinema complex following their last day of operation last week, while protecting the building’s iconic façade.&nbsp;</p>

<p>[smartcode_project:default project_id=5351 project_image_fid=195659]</p>

<p>The construction milestone follows a decade of failed attempts by other developers to bring the project to fruition, with GURNER™ Group the first developer to overcome these challenges — a testament to its unparalleled expertise and reliability in delivering world-class major projects. &nbsp;</p>

<p>GURNER™ Group has this week unveiled renders of the new precinct that will be home to: &nbsp;</p>

<ul>
	<li>600 residences over five&nbsp;towers&nbsp;</li>
	<li>10,000sqm commercial private office&nbsp;</li>
	<li>20,000sqm of&nbsp;retail and hospitality &nbsp;</li>
	<li>World Class Village Cinema + Gold Class complex &nbsp;</li>
	<li>5-star hotel (operator in final negotiations) &nbsp;</li>
	<li>A boutique lifestyle hotel &nbsp;</li>
</ul>

<p>First constructed in 1858, the Jam Factory has enjoyed over 160 years of history, first as a brewery, &nbsp;then as a preserving and jam manufacturer, and later, as an iconic retail and cinema precinct that anchored Chapel Street through the heydays of the 1990s and 2000s. &nbsp;</p>

<p>GURNER™ Group has appointed international, award-winning architects SOM alongside local architects, Buchan to design the precinct, in conjunction with its in-house architect and interior design business GURNER DESIGN HOUSE. &nbsp;</p>

<p><img alt="$2.75b, 20,000 sqm Jam Factory redevelopment" data-entity-type="file" data-entity-uuid="1425ab18-a82c-48ef-b59e-78cde055f7fd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/View%20006.jpg?VersionId=ZLWiiYSImtmPgGE9t5j18hB3PxPvfZ2H" /></p>

<p>Iconic London landscape designer Townshend has been appointed to craft the impeccable gardens and landscaping that will emulate the grounds of Toorak Mansions. &nbsp;</p>

<p>The regeneration of the precinct, retail, hospitality and hotels will capture the essence of the world’s best retail and mixed-use precincts.&nbsp;</p>

<p>The design of the residential precinct will emulate some of New York’s most iconic residential and hotel addresses such as 220 Central Park South, alongside the grandeur of Toorak’s most expensive homes, complete with soaring high ceilings, large entry lobbies, libraries, games facilities and conservatory-like entertaining areas. &nbsp;</p>

<p>GURNER™ Group’s signature amenity offerings will once again be taken to another level with a &nbsp;private residents’ amenity of over 7,000 sqm across the stages and two world-class hotels.&nbsp;</p>

<p>[smartcode_project:default project_id=5351 project_image_fid=195659]</p>

<p>In a significant coup for the project, GURNER™ Group and Qualitas have re-signed Village Cinemas to anchor the new entertainment precinct once complete. The cinema giant has enjoyed a 40+ year tenure at the Jam Factory and will return with a new flagship offering as part of the precinct’s rebirth. &nbsp;</p>

<p>The Jam Factory redevelopment will deliver around 600 new dwellings over five towers in Melbourne’s sought-after inner fringe while anchoring the transformation of Chapel Street to reinvigorate it with a 2,500 sqm north-facing public piazza called Village Square with hotels, retail, hospitality, commercial office and residential.&nbsp;</p>

<p>Surrounded by extensive hospitality offerings with a mix of fine dining options, casual eateries, and bars that celebrate Melbourne’s culinary talent, the Village Square will sit alongside high-end retail and vibrant entertainment options to create a new centrepiece for Chapel Street. &nbsp;</p>

<p>Elevating the shopping experience, the project will feature a meticulously curated selection of luxury retailers, rivalling international luxury shopping destinations, creating a missing high-fashion midpoint between Melbourne’s Collins Street and Chadstone.&nbsp;</p>

<p>GURNER™ Group Founder and Chairman Tim Gurner said commencing works gives confidence to their high-end purchases of completion date and quality.&nbsp;</p>

<p>“ A truly once-in-a-lifetime opportunity for our brand and team and also for the luxury clients who are able to purchase in this incredible precinct," Gurner said.</p>

<p>“Commencing construction on the site is not just a significant milestone for GURNER™ Group, it’s a huge step forward for the reinvigoration of the entire Chapel Street precinct."</p>

<p>"Our aspirations are to spearhead a new coming of age for the precinct so we have made sure to design a destination that can bring together world-class events, activations and brands to the site and celebrate this special part of Melbourne."</p>


The Jam Factory redevelopment will deliver around 600 new dwellings over five towers in Melbourne’s sought-after inner fringe while anchoring the transformation of Chapel Street to reinvigorate it with a 2,500 sqm north-facing public piazza called Village Square

Victorian four bedroom Elwood house listed for $2.5 million plus

Staff reporter

Editor's Picks

Developments

New apartments

New townhouses

News