Gold Coast off the plan apartments

Runaway Bay, an exclusive waterfront suburb on the coveted Gold Coast’s North Shore, has seen very little new apartment development for several years.

While units only account for less than 30 per cent of total dwellings in <a href="https://www.urban.com.au/developments/runaway-bay-qld-4216">Runaway Bay</a>, representing around 1,100 apartments, property data analytics firm CoreLogic shows there are only around 300 three and four-bedroom apartments making these exceptionally sought after.

The lack of supply of new homes and, in particular, of three and four-bedroom apartments in the desirable suburb, paves the way for <a href="https://www.urban.com.au/new-apartments/aqualis-runaway-bay-20-24-oatland-esplanade-runaway-bay">Aqualis</a> – a luxurious development of only 18 three and four-bedroom residences on the dress circle Oatland Esplanade, fronting Pacific Park and offering never-to-be-built-out views over the Broadwater to South Stradbroke Island and The Spit.

[smartcode_project:default project_id=29985 project_image_fid=316718]

The boutique four-level building has been designed for both holidaymakers and downsizers, featuring some of the largest apartments ever offered in the area.

Designed to embrace its waterfront location by XL Architecture, Aqualis apartments have been oriented to take in as much of the stunning and expansive views as possible.

Each residence features an open-plan layout with full-height stacking glass doors that lead to covered terraces overlooking parklands, beaches, and the Broadwater.

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[smartcode_project:default project_id=29985 project_image_fid=316720]

The open kitchens are equipped with integrated Miele appliances, a kitchen island that can be customised in two different countertop materials, and walk-in butler’s pantries.

The master bedrooms all enjoy balcony access to take in the views of the water, as well as large ensuites and walk-in robes.

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[smartcode_project:default project_id=29985 project_image_fid=316722]

Residents will enjoy facilities including a waterfront swimming pool, a fully-equipped gym with a sauna, and a barbecue terrace set within landscaped grounds designed by award-winning firm Shepherd. The development also uniquely features a resident-only 12-berth marina with four additional jet-ski docks.

A builder has been appointed to deliver Aqualis, a milestone step in the development process that gives buyers confidence.

[smartcode_project_cta:default project_id=29985]

Joel Robinson

Rare new luxury apartments set for Runaway Bay as Aqualis launches

Downsizers have become the most dominant buyer demographic at Harbour Shores, the new sustainable masterplanned community on the Gold Coast.

<a href="https://www.urban.com.au/developers/lewis-land-group">Lewis Land</a>, one of the longest-standing developers across the Gold Coast for five decades and the creator of the likes of The Sovereign Islands and Ephraim Island, launched <a href="https://www.urban.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters">Harbour Shores</a>&nbsp;just over 12 months ago, to much fanfare.

[smartcode_project:default project_id=113271 project_image_fid=290022]

The one, two, three, and four-bedroom apartments in <a href="https://www.urban.com.au/developments/biggera-waters-qld-4216">Biggera Waters</a>—an area with limited new apartment supply—attracted immediate interest from first home buyers, next home buyers, and investors.

With over 50% of the first building, The Waterline, already sold, including all of the one-bedroom apartments, attention has now shifted to the larger two, three, and four-bedroom apartments. These range in size from spacious 133 sqm to expansive 414 sqm waterfront residences.

The larger apartments have been particularly popular with downsizers. According to data from MatterFact, the data partner of Urban.com.au, the three-bedroom, 158 sqm apartments priced at $1.64 million have proven just as appealing as the two-bedroom apartments with multi-purpose rooms, which start at $1.35 million.

[smartcode_project:default project_id=113271 project_image_fid=290045]

The Waterline, named after its prime position directly on The Boardwalk fronting canal and the one-hectare feature park, The Green,&nbsp;has been designed to capture either water or park views to the north and east.

Every apartment will boast contemporary light-filled coastal interiors, each featuring a richness of timber and stone accents. The Waterline residents will also enjoy a private pool, expansive rooftop amenities and lush tropical landscaping.

[smartcode_project:default project_id=113271 project_image_fid=290031]

The $1.5 billion sustainable masterplan, set to house over 4,500 people by the mid-2030s, is the first Gold Coast development to achieve a 6-Star Green Star Communities V1.1 rating. It will feature eco-friendly elements like solar power, rainwater harvesting, and more than 200,000 native plants across the site.

Spanning 16 hectares, Harbour Shores is one of the last large-scale waterfront greenfield sites on the Gold Coast, a property that Lewis Land has owned for several decades. The development will include waterfront villas, boutique apartments, a public boardwalk, and expansive parklands, along with 1.2 kilometres of canal frontage and private marina berths offering direct boat access to the Broadwater.

Residents in the first stage of Harbour Shores are expected to move in by late 2026. Also completing around the same time to ensure early residents are well served will be The Green, a waterfront park and playground, and The Club, a central amenity with a resort-style pool, gym, yoga facilities, tennis courts, and versatile clubhouse spaces for entertaining.

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At 16 hectares, Harbour Shores stands as one of the last large-scale waterfront greenfield sites on the Gold Coast, a site Lewis Land has held for over several decades

Downsizers drive demand at Lewis Land's Harbour Shores masterplan in Biggera Waters

Developer DVB Projects has been given the go-ahead to build another Broadbeach apartment development.

<a href="https://www.urban.com.au/developers/DVB-Projects" target="">DVB</a>, currently in the construction phase of&nbsp;<a href="https://www.urban.com.au/new-apartments/broadbeach-qld-4218">Sea Glass</a> in <a href="https://www.urban.com.au/new-apartments/broadbeach-qld-4218">Broadbeach</a>, has scored approval for another high-end tower at 137 Old Burleigh Road, replacing the 1980s, 12-unit Gala building on the prime 1,156 sqm site.

The new&nbsp;32-level tower, designed by <a href="https://www.urban.com.au/architects/rothelowman" target="">Rothelowman</a>,&nbsp;will home 39 half and full-floor luxury apartments starting from 230 sqm.

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<img alt="DVB" data-entity-type="file" data-entity-uuid="c5a530ee-6bdb-4b55-a653-a9fb8ab40f01" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-01-13%20at%2011.29.25%E2%80%AFAM.png?VersionId=7riWoBp7lPih1l24wvr07muXW3CMe3NW" />

The designs had to be tweaked a little after feedback from the Gold Coast City Council, namely around the podium design and accompanying landscaping.

After a seven-month process from application to approval, council cited several factors that align the project with the area's urban planning goals.&nbsp;

"The proposed development positively contributes to housing choice and affordability through the provision of 126 beds within the High density residential zone," council noted in its approval documentation.

"The proposed development provides a high density, high-rise outcome that is considered to be an efficient use of land within the light rail urban renewal corridor."

They said the&nbsp;proposed design incorporates adequate modulation and articulation as well as generous landscaping to soften the built form appearance, protect adjacent amenity, and contribute to the streetscape character.

The building will feature a whole floor of communal amenities on the podium’s sixth level and will feature a 20-metre infinity pool, plunge pools, a gym, sauna, barbecue areas, and private dining spaces.

<img alt="DVB" data-entity-type="file" data-entity-uuid="6196c2e2-6b56-472a-87d2-793dfab3dd24" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-01-13%20at%2011.29.19%E2%80%AFAM.png?VersionId=dSaJT.al7j3uE7sJTR7Q882ulKxfZBQd" />

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The building continues DVB's efforts in the high-end space on the Gold Coast. Sea Glass, around one kilometre north of the new project on the corner of First Avenue and Old Burleigh Road, has 29 half and full-floor apartments, also designed by Rothelowman.&nbsp;

Sea Glass is currently under construction and is slated for completion in early 2027.

After a seven-month process from application to approval, council cited several factors that align the project with the area's urban planning goals

DVB approved for second Broadbeach apartment development

Buying off the plan isn't for everyone.

Every building begins as a new build before aging into the secondhand property market, much like cars transition from the showroom to the used car lot. While most Australians purchase established homes—akin to the prevalence of used cars on our roads—the majority of property buyers are more familiar with existing real estate.

While the concept of off the plan purchasing has been around for decades, the trend only really gained momentum in Australia in the 2000s, following a recovery from the early 1990s recession. As the market stabilized, property developers increasingly saw opportunities in multi-residential developments, particularly in major cities like Sydney, Melbourne, and Brisbane.

As urban centers grew, there was rising demand for apartments, particularly in inner-city areas. The trend toward apartment living grew as people sought more affordable and convenient living options close to city centers.

Now, off the plan buying in Australia is widespread and growing, and the type of purchasing has become favorable for those who are willing to wait for construction to complete on their new home. It favors first home buyers who want to get into the property market but aren't ready to make repayments or are increasingly frustrated by being outbid at auctions in the more traditional established market.

Downsizers have been the biggest movement in recent years. These buyers typically purchased their family home decades ago and are now ready to move into something closer to the city from the suburbs they've lived in. They seek properties that are low-maintenance and “lock and leave,” ideal for travel in retirement, and prefer buildings with high levels of amenities for added convenience.

While there are many factors that contribute to the popularity of off the plan buying, in this article, we’ve looked at eight of the biggest reasons why people choose this option.

<h2>Floorplans designed for 21st-century living</h2>

The majority of Australia's apartment buildings, particularly the classic 'walk-up' apartments, were built four or five decades ago.

While these properties present at a more affordable price point compared to brand-new developments, they don’t have the modern floorplan configurations that today's buyers expect for 21st-century living.

Many of these older buildings still feature communal coin-operated laundries, carport parking, and lack modern intercom systems for security.

New apartments now typically feature integrated study nooks (a response to the growing work-from-home trend), concealed internal laundries, balconies to extend the main living area, and kitchens with floating islands that create additional prep or dining spaces.

<h2>Customisation</h2>

Off the plan buyers often have the option to customise their apartments. This could be as simple as selecting a color scheme or upgrading appliances, or as significant as combining two apartments to create a larger unit or changing internal walls to adjust room configurations.

For an owner to do this in an established apartment, a renovation of that scale could cost hundreds of thousands of dollars, and it may not even get past the strata committee, which can be notoriously difficult when it comes to apartment renovations.

Read more:&nbsp;<a href="https://www.urban.com.au/news/vic/why-the-ability-to-customise-is-a-crucial-offering-in-the-off-the-plan-apartment-market">Why the ability to customise is a crucial offering in the off the plan apartment market</a>

<h2>Sustainability</h2>

New apartment buildings have a responsibility to focus on sustainable practices.

Most state governments enforce sustainability requirements, and now buildings have to be 7-star NatHERS rated, which means they must include energy-efficient features like double glazing and better insulation.

While it's a positive for the environment, it's also a benefit for new apartment buyers. Energy-efficient appliances and standard practices like solar panels and rainwater harvesting can save thousands on electricity and water bills every year.

You’d be hard-pressed to find an apartment building built before 2000 with solar panels.

<h2>Technology</h2>

Developers today go the extra mile to set their developments apart, and a small feature they often include is advanced technology.

Some developers offer keyless entry systems, whether through keypad door handles or facial recognition, as well as smart home capabilities like routine-driven lights or Wi-Fi-controlled air conditioning. Many fixtures in an apartment, from blinds to air conditioning and lighting, can be controlled remotely via an app, whether at home or not.

This enhances both the functionality and security of living in these buildings.

Developers creating large towers or masterplanned communities in particular understand they're not just building homes, but fostering a community. They&nbsp;go as far as offering a mobile phone application, which, depending on the project, can be used to reserve any of the bookable facilities, request concierge services, or see what community events are taking place.

<h2>Facilities</h2>

One of the biggest differences between apartment buildings from the 1960s and those of today is the level of facilities.

While the facilities offered vary depending on the size of the apartment building, developers dedicate significant resources and floorspace to ensure that residents are well-catered for within the building.

At a minimum, developers allocate large portions of the site for walkable gardens, often landscaped by a professional. Smaller boutique buildings, which may not have a pool or gym, often feature rooftop communal spaces with barbecue facilities and alfresco dining areas.

Larger skyscraper towers go all out with luxury facilities. It's no longer enough to have just a pool and a basic gym. Now, towers are offering facilities that rival those of high-end hotels.

Lap pools, accompanying spas, and daybeds are now standard. Gyms are often replaced with wellness centres that include saunas, hot and cold plunge pools, and rooms reserved for classes or yoga.

Private dining spaces with large communal kitchens have become common, and many developers in Brisbane and the Gold Coast orient these facilities on the rooftop to take advantage of the warmer climate.

In recent years, some towers have even included golf simulators, cinemas, and karaoke rooms. The majority now feature co-working spaces. Buildings with a prominent street presence often include a ground-level café, while those on larger sites may offer multiple hospitality and retail venues at street level, along with office spaces on the lower floors.

Parking is also becoming more innovative, with license plate recognition systems that sometimes eliminate the need for key fobs.

<h2>Location</h2>

The location of new developments tends to be more strategically selected than older buildings.

Developers nowadays ensure their sites are close to major transport links or local amenities like parks, beaches, and shopping areas. Buyers are less willing to compromise on location when they’re paying more than ever before for a new apartment.

<h2>The fact it's brand new</h2>

Much like the customisation reason, the fact that the apartment is brand new is a huge selling point.

There’s no need to upgrade any fixtures or fittings once the apartment is complete. New apartments feature top-of-the-line appliances, typically from brands like SMEG or BOSCH, with some luxury apartments offering Gaggenau appliances.

Additionally, improvements in flooring materials, like engineered timber and stone benchtops, provide durability and a modern finish that is resistant to wear and tear.

<h2>Financial benefits</h2>

Buying off the plan comes with several financial advantages, including potential stamp duty savings in certain states, which can significantly reduce costs on completion.

Additionally, the staggered payment structure in the off the plan market allows buyers to secure a property at today’s prices while saving for settlement during the construction period.

Generally, buyers pay 10 percent upon going unconditional on the contract, with the remaining 10 percent due on completion. Many developers, however, offer flexible deposit terms, which could be as low as five percent.

The deposit is placed in a protected trust account by the developer, ensuring that the money is safe and untouched, while also generating interest during this time. That interest is handed to the buyer upon completion.

Eight reasons why people buy an off the plan apartment

It was another solid growth year in the Gold Coast unit market.

Much like the majority of capital city unit markets, the <a href="https://www.urban.com.au/developments/gold-coast-qld">Gold Coast</a>&nbsp;market has cooled toward the end 2024, with December values remaining flat. However, the start of the year was so strong, and the market softening came much later than other city markets, values still rose 9.1 per cent in 2024, research from property data analytics firm CoreLogic shows.

The Gold Coast median unit value is now $820,000, having started 2024 at $740,000. To put in capital city comparisons, it would fall just behind Sydney's median ($859,000) and well ahead of Brisbane ($680,000).

<h2>What happened in Gold Coast’s off the plan apartment market in December?</h2>

While the majority of cities across the country shut down over the Christmas and New Year period, the Gold Coast market ramps up. Developers are keen to launch projects right up to Christmas, knowing that attention from interstate holidaymakers is particularly high—a trend that has been prominent since the pandemic.

One developer that has bided their time before launching in December is <a href="https://www.urban.com.au/developers/iris-capital">Iris Capital</a>, who, two years after securing approval for their luxury <a href="https://www.urban.com.au/developments/surfers-paradise-qld-4217">Surfers Paradise</a> beachfront project, has launched <a href="https://www.urban.com.au/new-apartments/71-garfield-surfers-paradise-71-garfield-terrace-surfers-paradise-qld-4217">71 Garfield</a>, just 52 two, three, and four-bedroom apartments.

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Garfield Terrace was set to undergo a drastic transformation a few years ago; however, several developments launched during the pandemic era didn’t proceed. Iris Capital, with its billionaire owner Sam Arnaout and in-house construction arm Iris Built, has all the tools to take to market a project that will go ahead as promised.

Architecture firm&nbsp;<a href="https://www.urban.com.au/architects/dbi">DBI</a>, who designed Iris Capital's other Gold Coast development, Victoria &amp; Albert in Broadbeach, was in charge of the designs for 71 Garfield. The large-scale apartments will be serviced by a suite of luxury beach-facing amenities, like a swimming pool and open-air gym.

[smartcode_project:default project_id=110713 project_image_fid=317237]

<a href="https://www.urban.com.au/developments/broadbeach-qld-4218">Broadbeach</a>&nbsp;has been the most popular suburb for developers for several years. No single developer has contributed more projects than&nbsp;<a href="https://www.urban.com.au/builders/morris-property-group">Morris Property Group</a>, who is onto their 10th development in Broadbeach.

They recently revealed <a href="https://www.urban.com.au/new-apartments/maison-broadbeach-22-chelsea-avenue-broadbeach">Maison Broadbeach</a>,&nbsp;just 21 full-floor apartments across a 22-level tower.

[smartcode_project:default project_id=113008 project_image_fid=318651]

Similarly sized apartments are on offer at&nbsp;<a href="https://www.urban.com.au/new-apartments/brighton-on-the-park-southport-28-brighton-parade-southport">Brighton on the Park</a> in&nbsp;<a href="https://www.urban.com.au/developments/southport-qld-4215">Southport</a> which offer the most expansive apartments the suburb has seen. The project, by developer Sixty Sticks, features just 12 units starting at 247 sqm, with the largest spanning 300 sqm.&nbsp;

Positioned on Brighton Boulevard with views over James Overell Park and the <a href="https://www.urban.com.au/developments/main-beach-qld-4217">Main Beach</a> skyline, Brighton on the Park apartments have been designed for the downsizer.

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Sixty Sticks has also doubled-down on luxury amenity, not often seen in such a boutique development.

The rooftop will home a resort-style swimming pool with sun-drenched day beds, a fully equipped gym, and multiple lounge areas.

[smartcode_project:default project_id=138113 project_image_fid=209308]

December also marked the registrations of interest campaign for&nbsp;<a href="https://www.urban.com.au/new-apartments/the-landmark-mermaid-beach-14-seaview-avenue-mermaid-beach-qld-4218">The Landmark</a>, the transformative $2 billion mixed-use precinct in <a href="https://www.urban.com.au/developments/mermaid-beach-qld-4218">Mermaid Beach</a>&nbsp;by&nbsp;<a href="https://www.urban.com.au/developers/aniko-group">Aniko Group</a>.

Comprising four towers, The Landmark will comprise around 800 apartments, high-end office spaces, and a luxury hotel. Its amenities range from a pickleball court to a lagoon pool and a golf simulator.&nbsp;

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The first release consists of 240 two and three-bedroom apartments that start from just under $1.2 million.

“We are incredibly excited to bring The Landmark to life in&nbsp;Mermaid Beach,” said George Mastrocostas, Founder and Managing Director of&nbsp;Aniko Group.&nbsp;

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“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.”

What happened in Gold Coast’s off the plan apartment market in December?

City Beat December 2024: Gold Coast unit values grow over nine per cent in 2024 but ends with cooling market

Local developer CS Collective is seeking to deliver a collection of just eight luxury apartments in Burleigh Heads.

They've had international architecture firm&nbsp;<a href="https://www.urban.com.au/architects/plus-architecture">Plus Architecture</a>&nbsp;to design Lantern Burleigh, with the triangular 834 sqm peninsula site at&nbsp;13 West Street&nbsp;also set to home a curated retail precinct&nbsp;anchored by a subterranean bathhouse that draws inspiration from ancient wellness traditions.

CS Collective Director Luke Carter said the vision was to create an iconic landmark that resonates with the local community.

"This isn't just about providing new homes – it's about delivering a destination that becomes a defining feature of Burleigh's evolving skyline while maintaining the area's cherished coastal character," Carter said.

Plus Architecture Principal Chrisney Formosa said the unusual triangular nature of the site allowed them to create something truly special for <a href="https://www.urban.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>.

"We've conceived the building as a lighthouse for the area – visible on approach and offering expansive views across one of Australia's most beautiful beaches. The monochromatic palette allows the sculptural nature of the development to be the hero, with an undercurrent of textural and tonal changes that reference the golden sands of Burleigh."&nbsp;

<img alt="Lantern Burleigh" data-entity-type="file" data-entity-uuid="61c53007-6a85-4779-b8d6-5c5477a6798a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-01-08%20at%2010.33.48%E2%80%AFAM.png?VersionId=4NKN01PvfCv2tMKiOg7YoHt072wmjBJr" />

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Each residence has been conceived as an individual sub-penthouse, featuring double-height spaces that capture sweeping ocean views from every level. The design's distinctive elements include curved soffits, brick formations, and signature circular windows that reinforce Lantern Burleigh's lighthouse-inspired form.&nbsp;

The refined material palette weaves together tinted glass, lush landscaping, warm crazy pavers, stacked tile, profiled concrete, and aluminum battens, creating a sophisticated coastal aesthetic that balances street presence with residential privacy.

CS Collective Co-Director David Skeen said what sets Lantern Burleigh apart is its complete lifestyle offering.

"The private and communal rooftop spaces, featuring infinity pools, saunas, and steam rooms, capitalize on the site's stunning 360-degree ocean views," Skeen said.

"Combined with our premium wellness centre and carefully selected retail offerings, we're creating a new standard for beachside living."&nbsp;

The ground floor precinct will be thoughtfully curated to attract leading food and beverage operators, working in harmony with the development's bathhouse and wellness facilities.

CS Collective Co-Director David Skeen said what sets Lantern Burleigh apart is its complete lifestyle offering

First look: CS Collective file for Lantern Burleigh, luxe apartments in Burleigh Heads

There are thousands of apartments which will launch next year, across some of the best Gold Coast suburbs. We've looked at the developers behind the next tranche of projects launching in 2025.

The top eight new apartment developers to watch on the Gold Coast in 2025

<a href="https://www.urban.com.au/builders/morris-property-group">Morris Property Group</a>, one of the biggest single contributors to the Broadbeach apartment market, is back at it again.

They've just launched Maison Broadbeach, their 10th development in the <a href="https://www.urban.com.au/developments/broadbeach-qld-4218">booming suburb</a> since their first apartment building, Verve, nearly two decades ago.

<a href="https://www.urban.com.au/new-apartments/maison-broadbeach-22-chelsea-avenue-broadbeach">Maison&nbsp;Broadbeach</a> will home just 21 full-floor apartments across a 22-level building at 22 Chelsea Avenue, a street Morris know well. One of their many completed projects, Opus, is just a few doors down.

They each have three bedrooms, a kitchen with a central island bench, and an open plan living and dining area which extend to a private balcony with northern views towards Broadbeach Park.

Buyers will have the choice of two colour schemes, Lumiere and Noir, while each apartment will have appliances by either Siemens or Bosch, a vintec wine bar fridge, and a herringbone lay pattern flooring in the kitchen, living and dining area.

There will be a dedicated resident's lounge, a gym with a sauna, a covered barbecue pavilion, and a rooftop pool with a large dec area.

[smartcode_project:default project_id=113008 project_image_fid=318651]

Maison was designed by Burling Brown, a Queensland-based firm that has incorporated angular edges and a contemporary colour scheme into the tower's design.&nbsp;

The slender tower footprint ensures minimal visual impact from the north, while the use of natural materials complements Broadbeach’s coastal aesthetic

[smartcode_project:default project_id=113008 project_image_fid=318656]

Morris' inhouse construction arm will deliver Maison Broadbeach, with completion slated for 2027.

Maison follows <a href="https://www.urban.com.au/new-apartments/malo-broadbeach-8-jubilee-avenue-broadbeach-qld-4218">Malo&nbsp;Broadbeach</a>, a similar tower with half-floor apartments which Morris completed recently.

Morris is also developing <a href="https://www.urban.com.au/new-apartments/crest-broadbeach-13-armrick-avenue-broadbeach">Crest Broadbeach</a>, two towers nearby on Armrick Avenue. They will launch the second tower in the new year.

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Maison follows Malo Broadbeach, a similar tower with half-floor apartments which Morris completed recently

First look: Morris Property Group reveals 10th Broadbeach apartment development, Maison Broadbeach

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

<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.

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