Gold Coast off the plan apartments

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.

Joel Robinson

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.

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

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.

Iris Capital reveals 71 Garfield, Surfers Paradise beachfront apartments

Broadbeach has been dethroned as the most popular suburb on the Gold Coast.

Data from MatterFact, the data partner of Urban.com.au, revealed that&nbsp;<a href="https://www.urban.com.au/developments/palm-beach-qld-4221">Palm Beach</a> was the most enquired-on suburb in November, overtaking <a href="https://www.urban.com.au/developments/broadbeach-qld-4218">Broadbeach</a>, which had held the top spot every month in 2024—except for May, when Palm Beach last claimed the title.

Interest in the Gold Coast tends to surge in November, December, and January, particularly from people based in southern states and Brisbane who are planning to holiday in the region.

Palm Beach has been the <a href="https://www.urban.com.au/news/qld/palm-beach-the-most-indemand-off-the-plan-apartment-market-on-the-gold-coast">most searched suburb on the Gold Coast</a> for the past four quarters on Urban.com.au, but the scarcity of new projects had left much of that demand unmet.

The last project to come to market in Palm Beach was La Belle&nbsp;Marquee Development Partners, 74 premium beachfront apartments.

The newest development in Palm Beach, just the second to launch in 2024, is tapping into that unmet demand, a segment of the market which has been overlooked in recent years.

Developer <a href="https://www.urban.com.au/developers/sherpa-property-group">Sherpa Property Group</a> has created a new brand, Flourish, to cater to the likes of first home buyers and rightsizers, not just affluent downsizers or holidaymakers.

The brand's debut project,&nbsp;Flourish on Sixth, offers a range of one, two, and three-bedroom apartments, with one-bedroom units starting from under $600,000. These apartments have been quickly snapped up, and while many of the two-bedroom units are also sold, there are still some available around the $1 million mark—an unprecedented price in today’s Gold Coast apartment market.

[smartcode_project:default project_id=146527 project_image_fid=306036]

With amenities including an 800 sqm rooftop featuring a heated lap pool, private cabanas, and a wellness centre, the project delivers high-end communal spaces while maintaining affordability.&nbsp;

The inclusion of shared electric vehicle services and other sustainable features adds further appeal for buyers seeking modern, environmentally conscious living.

[smartcode_project:default project_id=146527 project_image_fid=306037]

Demand is set to continue into 2025. Next year the local market will welcome back <a href="https://www.urban.com.au/new-apartments/villea-palm-beach">Villea Palm Beach</a>, by Sydney and Melbourne developer <a href="https://www.urban.com.au/developers/abadeen-group">Abadeen</a>.

Gordon Corp is teaming up again with the Mathieson family to launch their Jefferson Lane project which will bring another&nbsp;47 two and three-bedroom apartments to the undersupplied market.

Sydney-based Chanine Developments and local developer Macquarie York are focussing on half and full-floor apartments.

[smartcode_project_cta:default project_id=146527]

Palm Beach has been the most searched suburb on the Gold Coast for the past four quarters on Urban.com.au, but the scarcity of new projects had left much of that demand unmet

Enquiry for new apartments in Palm Beach hits 18-month high

Gold Coast developer <a href="https://www.urban.com.au/developers/sherpa-property-group">Sherpa Property Group</a> is doing things a little differently at its newest apartment development in <a href="https://www.urban.com.au/developments/palm-beach-qld-4221">Palm Beach</a>.

After focusing primarily on the high-end market with its popular Perspective series, which has garnered attention from Palm Beach to <a href="https://www.urban.com.au/developments/chevron-island-qld-4217">Chevron Island</a>, Sherpa is now targeting a broader buyer demographic with its latest project.

Introducing Flourish, a fresh brand aimed at making homeownership more accessible for first home buyers and rightsizers, particularly those with smaller budgets in areas where they would typically be priced out.

The first project under the Flourish brand, <a href="https://www.urban.com.au/new-apartments/flourish-on-sixth-ave-palm-beach-6-12-sixth-avenue-palm-beach-qld-4221">Flourish on Sixth</a> in Palm Beach, has already been a success, with more than half of the apartments in the building already snapped up.

One-bedroom apartments were priced under $600,000, while two-bedroom apartments are still around the $1 million mark—prices that are uncommon in the Palm Beach and Burleigh Heads areas

[smartcode_project:default project_id=146527 project_image_fid=311566]

"We believe there's no better location for the Flourish brand of beachside living," Sherpa General Manager, Daniel Clarke, says on Sherpa's fifth development in the suburb.

"Research tells us the average difference in price between beachfront and one block from the beach is about 30 per cent especially in places like Sydney. However, the difference in Palm Beach is more like 100 per cent, meaning greater buyer value just once block from the ocean.

"That's more value we've secured to pass onto the buyer, creating a deal of a lifetime."

[smartcode_project:default project_id=146527 project_image_fid=311562]

True to Sherpa's commitment to delivering high-quality resident amenity in every project they produce, Flourish on Sixth will feature an 800 sqm, north-east facing rooftop with a heated 15-metre lap pool, private cabanas, and communal barbecue area complete with a pizza oven.

Also on the roof will be a&nbsp;wellness centre with a gym, sauna, steam room, and both hot and cold plunge pools. A private kitchen and dining area will also be located on the roof, as will work-from-home facilities and a bookable boardroom.

Flourish will feature a shared electric vehicle service, a car wash station, and electric car charging points.

[smartcode_project:default project_id=146527 project_image_fid=311565]

Sherpa is bringing its trusted development partners to Flourish, including <a href="https://www.urban.com.au/builders/lps-group">LPS Group</a>, the builder behind some of their high-end projects. LPS is currently constructing Perspective Nexus in Palm Beach, where two-bedroom apartments start from $1.745 million, and Perspective Helm on Chevron Island, with prices starting at $3.7 million.

LPS will begin construction on Flourish on Sixth early next year, with completion expected by late 2026 or early 2027.

[smartcode_project_cta:default project_id=146527]

"We believe there's no better location for the Flourish brand of beachside living," Sherpa General Manager, Daniel Clarke, says on Sherpa's fifth development in the suburb.

"Creating a deal of a lifetime": Sherpa offers most affordable apartments in Palm Beach with Flourish on Sixth launch

The likes of Morris Property Group, Mosaic, and Abedian & Co, are among those looking to launch new apartment developments in 2025

The top 13 Gold Coast new apartment developments launching in 2025

Local developer Sherpa Property Group looks set to break the <a href="https://www.urban.com.au/developments/chevron-island-qld-4217">Chevron Island</a> apartment record at its newly released luxury development, Perspective Helm.

The 10 apartments, including four river residences and two two-level penthouses, ranging in price from $3.7 million to $10 million. A sale close to $10 million would surpass the island record, set in Chevon One where a penthouse sold for $9 million. That too set a record $25,000 per sqm.

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It is the Eastern Penthouse which is listed for just shy of $10 million. Spanning 917 sqm across two levels, the penthouse features four bedrooms, four bathrooms, a cinema, and an additional multipurpose room. There will also be a wine display cellar and a private rooftop with an outdoor kitchen, pool, pizza oven and firepit, as well as panoramic views of Surfers Paradise.

Eight of the 10 apartments in <a href="https://www.urban.com.au/new-apartments/perspective-helm">Perspective Helm</a> have already been snapped up by local and oversees buyers.

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<a href="https://www.urban.com.au/developers/sherpa-property-group">Sherpa</a> General Manager Daniel Clarke says the swift uptake of Perspective Helm underscores the project’s exceptional design and prime location.

“Our commitment to delivering high-calibre projects in prime locations is clearly resonating with buyers," Clarke says.

"Perspective Helm sets a new benchmark for luxury living.”

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Perspective Helm, on a prime 1,711 sqm north-facing, riverfront site at 107 Stanhill Drive, has been designed in collaboration with HAL Architects and MAS Architectural Studio.

There are a handful of private marina berths with vessels up to 18 metres.

Local builder <a href="https://www.urban.com.au/builders/lps-group">LPS Group</a> is in charge of the build. Excavation is underway and the project is expected to complete by late 2025.

Elsewhere on the Gold Coast, Sherpa is currently delivering <a href="https://www.urban.com.au/new-apartments/perspective-nexus-949-gold-coast-highway-palm-beach">Perspective Nexus</a>, another boutique apartment development in Palm Beach, and <a href="https://www.urban.com.au/new-apartments/flourish-on-sixth-ave-palm-beach-6-12-sixth-avenue-palm-beach-qld-4221">Flourish on Sixth</a>, part of their new brand to offer more affordable apartments to the local market. That too is in <a href="https://www.urban.com.au/developments/palm-beach-qld-4221">Palm Beach</a>.

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Eight of the 10 apartments in Perspective Helm have already been snapped up by local and oversees buyers

Sherpa’s Perspective Helm to challenge Chevron Island apartment record

Malaysian-Australian developer&nbsp;<a href="https://www.urban.com.au/developers/mrcb">MRCB</a>&nbsp;has won PropertyGuru's Best Apartment Architectural Design and the inaugural Sustainable Design Award for its 26 Vista apartment development in Surfers Paradise.

The accolades were announced during the 7th PropertyGuru Asia Property Awards (Australia) ceremony held at the Grand Hyatt Melbourne, celebrating achievements in real estate across the country.

Located on Vista Street just one row back from the beach, <a href="https://www.urban.com.au/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a> will rise 51 levels and home 280 apartments. 70 per cent have already sold, before construction commencement.

&nbsp;

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MRCB International CEO, Ravi Krishnan, said they believe 26 Vista will be the greenest tower on the Gold Coast.

"In designing 26 Vista, our aim was to mirror the dedication we bring to all our projects, carefully crafting a sustainable yet prestigious living experience for both current and future residents of <a href="https://www.urban.com.au/developments/surfers-paradise-qld-4217">Surfers Paradise</a>," Krishnan, said.&nbsp;

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MRCB has also employed a number of other green initiatives for 26 Vista, including adopting an all-electric solution and eliminating gas via SUPA Energy, Australia’s most progressive energy solution.

These initiatives align with the developer's emphasis on sustainable construction practices, supported by its proprietary MRCB Building System (MBS).&nbsp;

This modular construction technology allows for up to 85 per cent of the building process to be completed off-site, significantly reducing energy consumption, carbon emissions, and waste while enhancing overall build quality.

&nbsp;

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26 Vista will also offer EV car-sharing options in partnership with mobility company Outbound, making it one of the first residential buildings on the Gold Coast to provide this service.

"The project is a real showcase of what’s possible when developers prioritise convenience, luxury, and sustainability for the benefit of their residents," Outbound CEO Luke Rust said.

"Electric car sharing is an accelerating trend in buildings around the world and we’re excited to be pioneering the concept in Queensland.

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Since launching to market in early 2023, over 70 per cent of the apartments at 26 Vista have sold.

26 Vista will also offer residents lush private rooftop gardens and sky-high residents' lounges, providing 360-degree views of South East Queensland, along with offering a hotel-styled wellness precinct featuring a state-of-the-art gym, outdoor yoga space, outdoor pool and spa, sauna, and a steam room.

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MRCB International CEO, Ravi Krishnan, said they believe 26 Vista will be the greenest tower on the Gold Coast.

MRCB clinch Sustainable Design Award and Best Apartment Architectural Design for 26 Vista, Surfers Paradise apartments

The luxury Gold Coast tower La Mer at Main Beach is set to relaunch, with a new developer and builder driving the project forward, offering rare full-floor beachside apartments on Main Beach Parade.

Developer ODUS is teaming up with builder Nazero to deliver the $140 million, 27-level development at 3580 Main Beach Parade. They started the build of the tower in July, and are expecting the tower to complete in late 2026.

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Designed by Plus Architecture, <a href="https://www.urban.com.au/new-apartments/la-mer">La Mer</a> will feature 22 premium three-bedroom plus multipurpose room apartments, each spanning 300 sqm and taking in views of the beach, Broadwater, and <a href="https://www.urban.com.au/developments/gold-coast-qld">Gold Coast</a> skyline.

The two-level penthouse will have four bedrooms across 600 sqm.

Residents will have exclusive access to a resort-style pool, spa, gym, sauna, barbeque facilities, private sun lounges, yoga lawn, and an outdoor beach shower.

Prices will start from $3.9 million.

[smartcode_project:default project_id=95606 project_image_fid=316688]&nbsp;

The release comes after new research by Colliers which revealed a 30 per cent supply gap for ultra-luxury apartments on the Gold Coast.

ODUS Director Byron Sakha said La Mer was the latest evolution of the exclusive, laid-back <a href="https://www.urban.com.au/developments/main-beach-qld-4217">Main Beach</a> village, one of the Gold Coast’s most highly sought-after addresses.

“Every apartment in La Mer has house-sized proportions and incredible views—not to mention a location in one of the city’s best postcodes,” Sakha said. 
 
“Demand continues to outstrip supply for ultra-luxury apartments on the Gold Coast, and the rare full-floor design will make these residences particularly prized."

Sakha said the team has "elevated every aspect of the development", reconfiguring layouts to make better use of the panoramic views and upgrading the finishes with&nbsp;natural stone and premium Gaggenau appliances.

“Additionally, we've reimagined the resident amenities, introducing a spa, sauna, an expanded gym, and a larger recreation deck, ensuring a level of sophistication and comfort that sets a new benchmark for coastal living."

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Sakha said the partnership was quick to secure the site when the opportunity presented and had already secured funding, meaning construction is powering ahead.

Developer <a href="https://www.urban.com.au/developers/odus">ODUS</a> is directed by Sakha—who also runs one of Australasia's largest coaching institutes, Jarrod Younan and Sebastian Younan. The Younans also head builder Nazero.

Together, the trio have a track record of delivering more than $500 million of boutique apartments and luxury homes over two decades.

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OTP Group Director James Elliott, who is managing the project’s sales, said La Mer would appeal to buyers from across the Eastern seaboard.

“We’re anticipating interest from Gold Coasters rightsizing from a large family home to an expansive, low maintenance apartment for the lifestyle—in easy reach of cafes, restaurants, the beach, Broadwater, and entertainment,” Elliot said said.

“We also see holidaymakers from <a href="https://www.urban.com.au/developments/brisbane-qld">Brisbane</a>, <a href="https://www.urban.com.au/developments/sydney-nsw">Sydney</a>, and Melbourne, who are seeking a permanent Gold Coast residence, and lifestyle purchasers buying now to relocate in future, among prospective buyers.”

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ODUS Director Byron Sakha said La Mer was the latest evolution of the exclusive, laid-back Main Beach village, one of the Gold Coast’s most highly sought-after addresses.

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