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The Future of Urban Living: Apartment Trends Reshaping Australia

Australia’s urban landscape is rapidly evolving as changing lifestyles, technology, sustainability, and community-focused design continue to influence the way people live. From Sydney and Melbourne to Brisbane and beyond, modern apartment developments are no longer just about location – they are about creating experiences that support convenience, wellness, flexibility, and long-term value.

As the demand for smarter and more connected living grows, the future of urban living is being shaped by innovative approaches in property development in Australia. Today’s residents are looking for more than a home; they want vibrant communities, sustainable environments, and thoughtfully designed spaces that complement modern lifestyles.

The Rise of Lifestyle-Focused Apartment Living

One of the biggest shifts in Australia’s residential market is the move towards lifestyle-driven apartment communities. Buyers and renters are prioritising developments that offer integrated amenities such as wellness spaces, coworking areas, rooftop gardens, retail precincts, and easy access to transport and entertainment hubs.

Modern urban residents value convenience and connectivity. This has encouraged every leading real estate developer in Australia to rethink traditional apartment designs and create communities where people can live, work, and socialise within the same environment.

Developments that focus on walkability, open green spaces, and shared community experiences are becoming increasingly attractive, particularly among younger professionals, downsizers, and investors seeking future-ready properties.

Sustainability Is Becoming Essential

Sustainability is no longer an optional feature in residential projects – it has become a major expectation among Australian homebuyers. Energy-efficient buildings, smart water management systems, solar integration, and environmentally conscious construction materials are now key priorities in modern developments.

The future of property development in Australia is closely connected to sustainable urban planning. Buyers are becoming more aware of the long-term environmental and financial benefits associated with eco-friendly buildings. Apartments designed with sustainability in mind can help reduce utility costs, improve indoor comfort, and support healthier lifestyles.

Developers are also incorporating more green spaces, natural ventilation, and energy-efficient technologies into projects to align with growing environmental expectations and evolving government regulations.

Smart Technology Is Transforming Modern Apartments

Technology continues to redefine urban living across Australia. Smart apartment features such as app-controlled lighting, keyless entry systems, smart security, and energy monitoring tools are becoming increasingly common in premium developments.

As digital lifestyles become more integrated into everyday routines, a forward-thinking real estate developer in Australia understands the importance of creating homes that support flexibility and convenience.

Technology-driven apartment communities are also helping improve safety, efficiency, and resident experience. From parcel management systems to EV charging stations and smart building management, innovation is shaping the next generation of residential living.

Flexible Spaces for Changing Lifestyles

The way Australians use their homes has changed significantly in recent years. Remote work and hybrid lifestyles have increased the demand for flexible living spaces that can adapt to both personal and professional needs.

Modern apartments are now being designed with multifunctional layouts, dedicated study areas, shared coworking facilities, and adaptable communal spaces. These features are especially important for urban professionals who seek balance between work, lifestyle, and convenience.

This shift is influencing the future direction of property development in Australia, encouraging developers to prioritise functionality alongside aesthetics.

Community-Centred Developments Are Growing

People increasingly want to feel connected to the communities they live in. As a result, residential developments are becoming more community-focused, with spaces designed to encourage interaction and social engagement.

Shared lounges, wellness centres, landscaped gardens, cafes, and recreational areas help create a sense of belonging among residents. This trend reflects a broader change in how Australians define quality living.

Leading developers are recognising that successful projects are about more than buildings – they are about creating environments where people can thrive. This approach is helping reshape the role of the modern mixed use real estate developers in Australia.

The Importance of Trusted Developers

As urban living continues to evolve, choosing the right developer has become increasingly important for buyers and investors. Reputation, quality, sustainability, and long-term vision all play a significant role in purchasing decisions.

TOGA is recognised for delivering premium developments that combine design excellence, innovation, and community-focused living experiences across Australia. With decades of experience in residential, commercial, and mixed-use developments, TOGA continues to contribute to the transformation of modern urban living.

By focusing on quality craftsmanship, strategic locations, and future-ready design, TOGA reflects the evolving expectations shaping the future of mixed use property development Australia.

Looking Ahead

The future of apartment living in Australia will continue to be driven by sustainability, technology, flexibility, and lifestyle integration. As cities become more connected and urban populations grow, developers will need to create spaces that balance functionality, wellness, and community engagement.

For buyers, renters, and investors alike, modern apartments are becoming more than places to live – they are becoming long-term lifestyle destinations designed around the needs of future generations.

As the industry evolves, every innovative real estate developer in Australia will play a key role in shaping smarter, greener, and more connected urban communities that define the next chapter of Australian living.

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News

The Evolution of Luxury Living in Australia’s Growing Cities

Australia’s major cities are experiencing a remarkable transformation in the way people define luxury living. As urban populations continue to grow and lifestyles evolve, premium residential developments are no longer focused solely on prestige or location. Today, luxury living is about convenience, sustainability, wellness, smart design, and creating meaningful lifestyle experiences.

From Sydney and Melbourne to Brisbane and emerging metropolitan hubs, developers are responding to changing buyer expectations with innovative residential communities that blend modern architecture, technology, and lifestyle-driven amenities. This shift is redefining the future of urban living and influencing the direction of real estate property development across Australia.

Luxury Living Is Becoming Lifestyle-Focused

Modern homebuyers are seeking more than spacious apartments and premium finishes. They want homes that support flexible lifestyles, wellbeing, and convenience. This has led to a growing demand for integrated residential communities that include fitness facilities, rooftop entertainment areas, wellness spaces, coworking lounges, cafes, and green outdoor environments.

Luxury developments are increasingly designed around the idea of creating connected communities where residents can live, work, socialise, and relax within the same precinct. These lifestyle-focused features are now becoming key differentiators in Australia’s premium residential market.

As a result, every forward-thinking property investment company in Australia is adapting to meet the expectations of buyers looking for long-term value combined with elevated living experiences.

The Rise of Smart and Sustainable Developments

Sustainability is playing a major role in the evolution of luxury living. Environmentally conscious buyers are prioritising properties designed with energy efficiency, natural ventilation, water-saving systems, and sustainable building materials.

Developers are also incorporating smart home technologies that enhance convenience and efficiency. Features such as app-controlled lighting, integrated security systems, smart climate control and EV charging stations are becoming increasingly common in premium apartment developments.

The future of real estate property development in Australia will continue to be shaped by sustainable urban planning and technology-driven innovation. Buyers are no longer simply investing in a home – they are investing in a smarter and more sustainable lifestyle.

Prime Locations Continue to Drive Demand

While luxury living has evolved beyond location alone, proximity to lifestyle amenities still remains a major priority for buyers and investors. Premium residential developments in well-connected urban areas continue to attract strong demand due to their accessibility, convenience, and long-term growth potential.

Modern residents value walkability, transport connectivity, dining precincts, entertainment hubs, and access to green spaces. This trend is influencing how developers plan and design new communities in Australia’s growing cities.

For any leading property investment company in Australia, identifying strategic urban locations remains an essential part of creating successful residential projects that appeal to both owner-occupiers and investors.

Wellness and Community Are Shaping Modern Design

Wellness has become one of the defining elements of luxury apartment living. Buyers are increasingly seeking homes that support healthier lifestyles, mental wellbeing, and community connection.

This has encouraged developers to prioritise natural light, open-air spaces, landscaped gardens, wellness amenities, and communal gathering areas. Shared spaces such as rooftop terraces, yoga studios, outdoor lounges, and wellness centres are now considered valuable additions to premium developments.

The evolution of real estate property development reflects a growing understanding that luxury living is not only about aesthetics – it is also about enhancing everyday quality of life.

Flexible Living for a New Generation

Changing work habits and evolving lifestyles are also influencing the design of modern apartments. With remote and hybrid work becoming more common, buyers are looking for flexible spaces that accommodate both professional and personal needs.

Developers are responding with multifunctional floorplans, dedicated study areas, shared coworking facilities, and adaptable communal spaces that support modern urban living.

This flexibility is becoming increasingly important in Australia’s competitive property market, particularly among younger professionals and lifestyle-focused buyers seeking long-term convenience.

TOGA’s Contribution to Modern Urban Living

TOGA continues to play an important role in shaping premium residential communities across Australia. Known for its commitment to quality, innovation, and thoughtful urban design, TOGA delivers projects that combine lifestyle, sustainability, and architectural excellence.

With experience across residential, commercial, and mixed-use developments, TOGA reflects the future direction of real estate property development by creating communities designed around the evolving needs of modern Australians.

By focusing on premium locations, integrated living experiences, and future-ready design, TOGA continues to stand out as a trusted name in Australia’s property sector.

What’s Next for Urban Living?

The future of luxury living in Australia will continue to evolve as cities grow and buyer expectations change. Sustainability, smart technology, wellness, and community-focused design will remain central to the next generation of residential developments.

As urban lifestyles become increasingly experience-driven, the role of every innovative property investment company Australia will be to create spaces that offer more than just accommodation – they will create environments that support connection, wellbeing, and long-term lifestyle value.

Luxury living is no longer defined solely by prestige. In Australia’s growing cities, it is now defined by the ability to combine comfort, convenience, sustainability, and community into one seamless urban experience.

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News

Smart Apartment Buying Tips for First-Time Property Buyers in Australia

Buying your first apartment is one of the biggest financial decisions you will ever make. With Australia’s property market continuing to evolve, first-time buyers are becoming more strategic about choosing homes that offer long-term lifestyle value, strong locations, and future growth potential.

From understanding budgets and financing to choosing the right developer and location, there are several important factors to consider before purchasing. Whether you are searching for modern city living or planning your first investment, knowing what to look for can help you make a smarter and more confident decision.

Today, many buyers exploring apartments for sale are prioritising convenience, lifestyle amenities, sustainability, and connectivity as part of their purchasing journey.

Understand Your Budget Before You Start

One of the first steps for any first-time buyer is understanding the total cost involved in purchasing an apartment. Beyond the property price itself, buyers should also consider additional expenses such as stamp duty, legal fees, strata fees, loan costs, and moving expenses.

Setting a realistic budget helps narrow down your options and prevents unnecessary financial stress later. It is also important to get pre-approval from a lender before beginning your property search, as this gives you a clearer understanding of your borrowing capacity.

As competition remains strong across major Australian cities, buyers looking at premium apartments for sale should focus on balancing affordability with long-term value.

Research the Location Carefully

Location remains one of the most important factors in property buying. A well-connected apartment in a growing suburb can offer better lifestyle convenience and stronger long-term growth potential.

When evaluating a location, consider factors such as:

  • Access to public transport
  • Nearby schools and universities
  • Shopping and dining precincts
  • Green spaces and recreational facilities
  • Future infrastructure developments

Areas experiencing urban renewal and mixed-use development often attract strong demand from both owner-occupiers and investors. Choosing the right suburb can significantly influence your future property value and living experience.

Choose a Trusted Real Estate Developer

The quality of the developer behind a project plays a major role in the long-term success of a property purchase. An experienced real estate developer is more likely to deliver quality construction, thoughtful design, and reliable after-sales support.

Before buying, research the developer’s track record, completed projects, industry reputation, and customer reviews. Buyers should also look at the quality of finishes, sustainability initiatives, and community-focused design elements included in previous developments.

Trusted developers prioritise both construction quality and lifestyle outcomes, helping buyers feel more confident in their investment decisions.

Focus on Lifestyle and Functionality

Modern apartment living is about more than just square metres. Buyers today are increasingly prioritising layouts and amenities that support flexible and comfortable lifestyles.

Features such as open-plan living, natural light, storage solutions, outdoor spaces, coworking facilities, gyms, rooftop gardens, and wellness areas can significantly improve everyday living experiences.

As more Australians embrace apartment living, premium developments are evolving to provide integrated lifestyle communities rather than standalone buildings.

This trend has reshaped the expectations surrounding apartments for sale, especially in major urban centres like Sydney and Melbourne.

Understand the Importance of Sustainability

Sustainability is becoming a major consideration for modern homebuyers. Energy-efficient apartments can help reduce long-term utility costs while supporting environmentally responsible living.

Many new developments now include:

  • Energy-efficient appliances
  • Water-saving systems
  • Sustainable building materials
  • Smart home technology
  • Electric vehicle charging stations

An experienced real estate developer understands the growing importance of sustainable living and incorporates these features into future-focused residential communities.

Review the Apartment Inclusions Carefully

Before purchasing an apartment, carefully review everything included in the contract and project specifications. Buyers should pay attention to:

  • Floorplans and apartment orientation
  • Appliance brands and finishes
  • Storage and parking allocations
  • Strata fees and building facilities
  • Completion timelines for off-the-plan purchases

Understanding these details early helps avoid misunderstandings and ensures the property aligns with your expectations and lifestyle needs.

Consider Long-Term Value

For first-time buyers, purchasing an apartment should not only meet current needs but also support future goals. A well-located apartment with strong design quality and desirable amenities may offer better long-term resale value and rental demand.

When reviewing apartments for sale, it is important to think beyond short-term trends and focus on properties that will continue to appeal to future buyers and tenants.

Properties located within vibrant, walkable communities with transport access and lifestyle amenities often maintain stronger long-term appeal.

TOGA’s Approach to Modern Apartment Living

TOGA Apartments for Sale in Australia showcase a range of thoughtfully designed residential developments that reflect the changing expectations of modern Australian buyers.

As a trusted TOGA, it continues to deliver premium residential communities focused on quality, sustainability, lifestyle, and long-term value. With developments across sought-after Australian locations including Kensington, Marrickville, Surry Hills, and Macquarie Park, TOGA creates spaces designed for modern urban living.

Projects such as The Kensington and Macquarie Rise highlight TOGA’s commitment to creating connected communities with premium amenities, flexible layouts, and future-ready design.

Final Thoughts

Buying your first apartment can feel overwhelming, but careful planning and research can help simplify the process. From choosing the right location and developer to understanding long-term lifestyle value, every decision contributes to a smarter property purchase.

As Australia’s cities continue to grow, first-time buyers who focus on quality developments, sustainable features, and future-ready communities will be better positioned for long-term success in the property market.

With the right guidance and a trusted real estate developer, purchasing your first apartment can become the foundation for both lifestyle growth and future financial opportunity.

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Urban.com.au

TOGA lodge Kensington apartment plans

The prominent Sydney developer, TOGA, has lodged plans for their next residential apartment development.

They’ll be developing for the first time in Kensington, where they’ve submitted a development application for 142 apartments above a mix of commercial and retail at street level. The expectation is approval and sales launch will occur around April time.

Turner Studio has designed the $59 million project at 137-151 Anzac Parade, having handled TOGA’s popular mixed-use Marrickville precinct, Wicks Place, which is around 50 per cent sold.

Artist’s impression

TOGA’s GM of sales, Anthony Falas, says the Kensington development is targeting the higher end owner-occupier.

“The two-bedders are 80, 85 sqm, at the larger end of the scale for a typical two-bedroom apartments,” Falas told Urban.

“We’ve dedicated over 75 per cent of the building to the two and three-bedroom product, offering something that is rare for the area”

Falas added that TOGA wanted to cater for a different market than the area is used to, going away from the more common developments which are targeted at the student accommodation given the proximity to the UNSW Randwick Campus.

TOGA are also offering a range of unique apartments in the project. The SoHo apartments, spread across two levels, give owners the opportunity to have a separate work from home space downstairs, with a studio-style apartment upstairs, accessed by an external staircase.

Falas suggests there may well be buyers of those apartments who will lease out the ground level office space.

Turner Studio Director Kevin Driver, who directed the development application design and documentation, noted in the application that the proposed development will provide a built environment suited to the context that responds to the desired future characteristics of the area, while taking cues from the existing context in terms of streetscape, material and landscaping.

Artist’s impression

“This will be achieved by well-designed building and public realm offering good amenity for the resident population and the visitors to the site,” Driver said.

“By integrating and responding to features unique to its locality the development will provide a higher quality of contextually relevant spatial experience.

“The context is undergoing change following the emergence of the Kensington and Kingsford Town Centres Development Control Plan.”

The development will feature rooftop communal open space with an outdoor dining barbecue area, flexible activity zones, a study and recreation area, and communal gardens, all with the aim to improve wellness of the residents.

There will be further communal open space at street level, with a future laneway proposed.

Turner advise that apartment layouts have been developed to maximise the number of north, west and east facing living spaces to ensure each building meets solar access requirements.

Artist’s impression

Some 20 per cent of the apartments will be adaptable in order to provide variety to potential purchasers.

“The site and its environs are undergoing change from a lower-scale residential suburb/retail strip to a higher density residential/mixed-use precinct, incorporating new open space and laneways,” Driver added.

“The architecture and materiality of the proposal draws on the local vernacular, while responding to precinct.

“The architectural design intent and principles are based on a series of articulated volumes to both Anzac Parade and the future laneway to the west. These are given a series of familial characterisations through the use of brick frames/blades and expressed slab edges.”

Fast facts:

– 142 apartments

– 19 one beds

– 78 two beds

– 31 three beds

– 14 SOHO apartments

– 691 sqm of commercial, 724 sqm of retail

Categories
GOOD WEEKEND

How display suites build a case for property

We live in an era where the real and the virtual often merge, especially when it comes to selling property. Sophisticated CGI is used to market projects that are mere holes in the ground, seducing us with depictions of how they might eventually look.

A step between CGI and the end product is the traditional display suite, which can be a good means of showing the decorative and lifestyle potential of a space, while also providing touch, feel and atmosphere.

One of the most successful display suites I’ve seen was created by interior design practice Richards Stanisich for Wicks Place, a development by TOGA Group in Sydney’s Marrickville. “We were interested in creating an apartment interior which felt relaxed, earthy and accessible,” says director Kirsten Stanisich.

Using terracotta as a base, they worked with a tight colour palette to create the sense of refinement their property developer client was after. While fairly uniform tonally, a number of different materials have been used, each with a distinctive texture.

“We sourced materials made with minimal processing, like the linen on the sofa, the wool and sisal rugs, and the terracotta side table and vessels,” she says.

The pièce de résistance is a framed photograph by Terence W. “Because the materials represented within the image and the real-life materials around it are the same, it works a little like a giant mirror or portal, which could magically transport you to another place.”

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Domain

Wicks Place: The new residential community hub celebrating Marrickville’s industrial heritage

A new community in Marrickville blends the inner-west’s famed industrial heritage with a fresh new laneway culture to create a vibrant place for residents to live, work and socialise.

Wicks Place from developers TOGA and Danias Group will include more than 250 new homes, as well as shops, creative spaces and direct access to Wicks Park as part of the wider revitalisation of the Victoria Road precinct.

Raw materials such as brick, metal cladding and concrete will be incorporated into the design of the new buildings, as architect Stephen Cox, a director at Turner Studio, explains.

Wicks Place - Kitchen Living
Wick’s Place will contain more than 250 new homes. Photo: TOGA

“Our vision for Wicks Place draws upon Marrickville’s longstanding community spirit and its dual residential and industrial past,” Cox says. “We’ve sought to create a place that brings delight to those who live and visit and leave a lasting legacy for the evolving suburb.”

The design connects a podium courtyard and ground-level retail stores to Wicks Park. More than 2300 square metres of retail and commercial spaces are planned. New laneways and footpaths create links to nearby streets and the surrounding neighbourhood.

“Just as Marrickville gains strength in diversity, there’s real diversity in the design layouts here too. There are triple and dual aspect apartments in one, two and three-bedroom homes. Even better, everyone gets an outlook,” Cox says.

Buyers have the choice of two interior colour palettes. Photo: TOGA

The five buildings are up to 12 storeys high. Homes on the upper floors offer sweeping city, district and park views. Closer to ground level, residents will have a vivid green backdrop from the communal gardens and Wicks Park. Many of the residences have oversized terraces and studies.

Kirsten Stanisich, director at Sydney interior architecture studio Richards Stanisich, outlines the vision behind the interior design.

“We’ve taken cues from the building’s architecture, the people who’ll live there and the natural environment,” Stanisich says. “Nature shapes the interior palette – a great counterpoint to our increasingly urban lives.”

Nature shapes the interior palette. Photo: TOGA

Buyers have a choice of two palettes, both of which embrace natural stone and soft colours to create a feeling of calm. “We’ve steered away from fads and trends and really sought to capture the unaffected spirit of the neighbourhood.”

The developer’s vision for the precinct includes craft breweries, gin distillers, coffee shops, artisan food outlets, boutique music venues, local pubs and a new creative arts centre.

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Architecture and Design

TOGA unveils Turner’s rejuvenating design for iconic Marrickville precinct

Developers TPGA and the Danias Group have engaged Turner to design Wicks Place, with 272 apartments and over 2,300 square metres of boutique retail and commercial spaces.

The new community is part of the wider revitalisation of Marrickville’s Victoria Road Precinct which will create a thriving neighbourhood for residents to live, work and socialise. The new precinct creates connection between the established village centres of King Street, Newtown, Enmore, and Marrickville Road.

A spokesperson for the Toga Group said, “At Wicks Place, we have drawn on Marrickville’s iconic industrial heritage and its strong culture to create a well-connected development for the community that enhances and celebrates the uniqueness of the area”.

“Wicks Place will lead the rejuvenation of the wider Victoria Road Precinct and enhance the residential character of the area, creating a vibrant neighbourhood for a modern urban lifestyle. The precinct will include the introduction of activated laneways, significant planned infrastructure, new retailers, cycleways and community spaces, reinforcing Marrickville’s identity as a highly sought-after place to live.”

The renaissance of the Victoria Road precinct, led by TOGA and Danias, will reinforce Marrickville as a cultural hub of the Inner-West with a vast array of local craft breweries, gin distillers, coffee shops, artisan food outlets, boutique music venues, friendly local pubs and a new creative arts centre.

“Our family have lived, worked and breathed in the area for over 40 years. We have long held a vision to create a contemporary precinct for the local community that will bring a unique experience to Marrickville,” said Angelo Angelopoulos, CEO of the Danias Group.

“Marrickville is going through a revival. People are seeking out the area as a place that has culture, vibrancy, creative spaces and modern living opportunities. Marrickville continues to be one of Sydney’s most searched and sought-after suburbs for property buyers and we believe that this demand will continue to grow,” Angelopoulos adds.

The building design will form a horseshoe shape with a podium park in the centre to take best advantage of environmental conditions, expansive views and the local surroundings; featuring large green spaces, BBQ areas and communal spaces for residents to socialise and enjoy nature.

Director at Turner, Stephen Cox, says, “Wicks Place is about celebrating all the great things about Marrickville. It’s about creating a new place where residents and community want to be. The design connects to the adjoining Wicks Park with both the podium courtyard and the ground level retail stores opening out to embrace the open green spaces. New laneways and pedestrian pathways connect through to nearby streets and the local neighbourhood. Apartments are designed for entertaining, and with 2,300 square metres of convenient retail on the ground floor, Wicks Place is ideal to become a local meeting place.”

Construction will commence in the first half of 2021 and Wicks Place is set to be completed in 2023.

Categories
The Urban Developer

Sydney’s most sought-after development projects

Foreign investors have kept a watchful eye on Australia’s property market during weeks of Covid-19 shutdown with a series of apartment projects in demand across Sydney.

According to REA Group, Australia’s residential property sector has remained high on the radar of foreign investors, with Asian buyers increasingly searching for stable markets and top-end development projects amid the fast-evolving Covid-19 pandemic.

The country’s largest real estate portal found that in the three months to end of June, newly-launched and recently completed development projects across a number Sydney’s most affluent suburbs topped its search results.

It also noted that international searches for property across its platform jumped 22 per cent year-on-year, bolstered by virtual and video inspections in the wake of the international border closure.

High-rise developments such as Crown Group’s recently-completed $575 million Infinity project, Cbus Property’s under construction Epping project The Langston and Meriton’s 553-apartment project in Parramatta, were amongst the most-viewed products online.

Boutique developments also scored the attention of REA’s international audience, with planned projects in revered locations such as Edgecliff and the waterfront suburb of Coogee in focus.

Australia over recent months has been widely recognised on the international stage as being successful in containing the coronavirus outbreak, despite recent clusters emerging in Sydney and Melbourne.

Although still low, Sydney’s residential market has also been buoyed by a recent uptick in home-buyer sentiment across the June quarter, after restrictions started to ease.

Here are the top 10 most-searched development projects by foreign investors in Sydney.

10. Ladera—Primus Property Group

Bellevue Hill

▲ Architect: Luigi Rosselli Architects

9. Infinity—Crown Group
Green Square
▲ Architect: Koichi Takada
8. 180 George—Meriton
Parramatta
▲ Architect: Woods Bagot
7. Anden—Central Element
Coogee
▲ Architect: MHNDU
6. The Langston—Cbus Property
Epping
▲ Architect: Architectus
5. Aristocrat—Luxcon
Rose Bay
▲ Architect: PBD Architects
4. Surry Hills Village—TOGA
Redfern
▲ Architect: SJB, Architect Prineas
3. Pointe—Primo Developments
Edgecliff
▲ Architect: Luigi Rosselli Architects
2. Dusk—Clutch Capital
Rose Bay
▲ Architect: Bureau SRH
1. King & Philip—Galileo
Sydney CBD
▲ Architect: fjmt
Categories
Realestate.com.au

Coronavirus real estate: Full steam ahead for Stella, Benson, 1788, Aristocrat, Surry Hills Village

It’s full steam ahead for luxury off-the-plan apartments in Sydney’s east, agents say, despite most not securing a sale for at least a month because of COVID-19.

Other signs of the difficult times are jobless hospitality workers turning up at building sites looking for work; hoarding of building materials and dramatically different work practices.

Yet Rose Bay’s Stella is ahead of schedule and will be complete by Christmas; Luxcon Group’s Aristocrat by June and Fortis Development Group’s The Benson by July.

The 1788 Residences in Double Bay will also be complete in “late 2020” and work is expected to start in October on Surry Hills Village, albeit three months later than anticipated.

And McGrath agents sold a just-complete townhouse in Elevate in Randwick for about $2.9 million over the Easter break.

At Stella, construction manager Toby Meads says he has jobless at his gate every day.

“Seeing so many people unemployed, all the tradies are up for the task and determined to make it work,” he said.

“We’re very grateful that the construction industry has not been shut down during the crisis.”

The builders at the Newcastle St site are taking advantage of Planning Minister Rob Stokes’s announcement on April 2 that they can now work seven days a week.

“We are fortunate, progress is ahead of schedule,” Meads said.

However, it’s taken careful planning, with windows and doors manufactured locally. Hoarding of building materials is also rife in the industry.

“Some sites have been significantly delayed as the windows are imported from China and some trades are experiencing hoarding of building materials such as electrical cables etc,” Meads said.

Work practices have also changed, to accommodate the social distance rules.

There are fewer builders on the site at one time.

Specific walkways to maintain separation are created.

Meal times are staggered.

Spitting is forbidden.

Cigarette butts have to go in the bin.

Touch points are reduced: access doors are left open where possible.

Sales agent Peter Anderson, of Christies International, says of the 11 premium apartments by the Windesea Group, eight remain for sale, priced from $3.95 million for a two-bedder.

The apartments, designed for senior buyers aged between 55 and over 90, have lots of windows and are full of light. They also come with either two or three side-by-side car spots, which is rare.

Anderson said the market in the east had started strongly this year and “all indicators are pointing to a strong back end to 2020 once this pandemic has been overcome”.

He believes during this self-isolation period, property owners will assess their current living arrangement and will quicken their downsizing time frame, both from a financial and property maintenance viewpoint.

Stella has been designed for downsizers with its ideal location opposite the Royal Sydney Golf course and five minutes walk to the village and ferries.

“The development provides a safe and secure haven in Rose Bay,” he says.

Among the first to go at Stella were two top-floor units which will be combined to create one large penthouse. Sources told the Wentworth Courier the buyers were Vass Industries founder Nicholas Vass and his wife, Marion. Their $50 million Coolong Rd, Vaucluse, waterfront mansion remains for sale.

The penthouse at The Benson at 33 Newcastle St, has also sold along with two others, but Ray White Double Bay’s Michael Finger has offer and acceptance on three more.

“They’re selling well at an average of $29,000 per sq metre, which is strong … it’s such a hot spot.”

Another Rose Bay development is The Aristocrat, by Luxcon Group, at 483 Old South Head Rd, which is due for June completion, a month ahead of The Benson.

This consists of 24 apartments. Paul Biller of Biller Property reports that half have sold.

“Obviously there’s been less buyer interest due to the virus,” Biller said.

“But this development has the best finishes of those available in the area and these apartments will sell themselves when buyers can walk through and see the finished product.”

The prices of those remaining are two bedders priced between $1.9 million and $2.5 million, with three-bedders $2.8 million to $4 million.

Meanwhile, the $10.5 million penthouses were also among the first to go at the Double Bay development 1788 when they were first launched to the market in August, 2017.

CBRE agent Ben Stewart had sold $55 million worth of apartments within hours on launch day, from the buyers who’d registered interest. A month later he sold an amalgamation of two apartments for $13.75 million, smashing the suburb record.

With completion coming into view, Ray White Double Bay’s Craig Pontey was charged with selling what remained of the 31 units.

He has 11 left. His most recent sales were a one-bedder for $1.69 million; two-bedders for $3.4 million and two three-bedders $6.25 million and $6.4 million.

But his last sale there was back in February.

Sales have also been in hibernation for the past month at the Surry Hills Village — TOGA Group’s redevelopment of the rundown old ‘Murder Mall’ shopping centre on the corner of Cleveland and Baptist St.

Surry Hills Village Building
An artist’s impression of TOGA’S Surry Hills Village on the corner of Baptist and Cleveland St.

The SJB and BKH-designed apartments cost about $1 million per bedroom. There have been 22 sales so far, including the three penthouses in the first stage which sold for between $4.5 million and $6 million depending on the size.

When asked if there was any prospect of prices being reduced because of the crisis, he said: “We think we’ve priced them well … by 2021, 2022 and 23 there will be significant supply issues in the NSW market and we’ll start to see some price increases.

“We’ve priced them for today … our apartments won’t be complete until 2022 or 23 at best.”

“So buyers will look back and see they were good value.”

He’s optimistic that building will start in October.

The townhouses, developed by Bondi Construction and designed by Brenchley Architects with interiors by Coco Republic, were opened for private inspection for the first time during the Easter week.

The exchange was done over the Easter break, with the buyers eastern suburbs locals. They’d recently sold their home and had been renting in Potts Point.

Two townhouses remain in Elevate: one for $2.69 million and the other for $2.9 million.

Meanwhile, agents selling just-completed new developments are having better luck selling during the coronavirus crisis.

Over Easter, Imran Hamidi and Kevin Mendes of McGrath Coogee sold a three-bedroom, three-bathroom townhouse with double parking in the Elevate complex at 2 Llanfoyst St, Randwick, for about $2.9 million.

The townhouses, developed by Bondi Construction and designed by Brenchley Architects with interiors by Coco Republic, were opened for private inspection for the first time during the Easter week.

The exchange was done over the Easter break, with the buyers eastern suburbs locals. They’d recently sold their home and had been renting in Potts Point.

Two townhouses remain in Elevate: one for $2.69 million and the other for $2.9 million.

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Feature Story

How to turn your balcony into a green oasis

For the less-than-green-thumbed among us, the thought of creating a garden of our own can be daunting. Even a relatively small-scale balcony garden seems beyond reach. But getting your apartment terrace or balcony to look like an oasis of green isn’t necessarily as hard as you think. These 10 tips will have you well on the way to growing an urban patch of perfection.

1. Do your research

Before anything else, it’s essential to check the load-bearing capacity of your balcony with your body corporate or building supervisor. Once you know that, look at your balcony’s orientation – which direction does it face? How much sun does it get every day? Is it really windy? These factors will all determine plant choice.

2. Consider how you’ll use the space

Really think about what you want to use the area for. Is it primarily a quiet spot to enjoy a cup of coffee and take in the view? Or do you want to entertain lots of friends? If it’s the former, you might only need a small wrought-iron table and chairs; for the latter, consider an extendable table and folding chairs that you can stow when they’re not being used.

3. Think about continuity

The key to creating great indoor-outdoor spaces is continuity. ”An outdoor space should have some correlation to your interior, especially if it is very near or connected to the indoors,” says Terrace Outdoor Living’s Paul Joseph Hopper. If your interiors are minimal and neutral-toned, so your balcony garden should be, too.

4. Start small

If gardening is new to you, take baby steps. “Don’t undermine your intentions by starting too big as too many plants and the maintenance required can overwhelm a new gardener,” says garden writer Isabelle Palmer.

5. Keep it simple

Don’t be tempted to clutter your outdoor area. “Before you know it, your little courtyard or balcony is crowded and messy, too hard to maintain and not inviting,” says Hopper. Limiting your colour palette will help, too. Palmer recommends using no more than three shades for your plants, or different tones of one colour, to keep the space looking serene. (This doesn’t include green, of course.)

6. Add green drama

Hopper favours plants with lots of sculptural appeal. His current favourites? “I love the big, beautiful leaves of a Monstera deliciosa or Strelitzia nicolae, the sculptural branches of a frangipani and the super-trendy Ficus lyrata,” he says. If you want a garden to pop with colour all year round, you’ll need to add some annuals (plants that last for a year) or perennials (plants that live for two or more years) to your crop.

7. Go vertical

Vertical gardens have been trending for several years, and with good reason. Not only do they look striking, vertical gardens also take up very little floor space – making them ideal for balconies and terraces. Vertical garden hardware is readily available, and what you plant is only limited by your imagination.

8. Choose larger pots

Once you’ve checked your load-bearing capacity, remember that larger pots not only look more dramatic, they’re better for your plants, too. Research has found that doubling pot size makes plants grown 40 per cent larger. “Aesthetically, the proportions of bigger pots look better as well,” Palmer says. Make sure your pots have appropriately sized saucers too, to limit water damage to your balcony’s surface.

9. Light it up

Nothing adds atmosphere to an outdoor space more than lighting. Creating an inviting night-time ambience is also dead simple and inexpensive. “Candles and suspended lanterns are always pretty and we love ropes of LED lights which you can weave through branches or hang from beams,” says Hopper.

10. Dress your pots

You can add style to your potted plants with a layer of “top dressing” – anything from sculptural pebbles or pieces of slate to more rustic wood bark chips. It will unify the look of your pots, and also helps to stop water evaporating from the soil’s surface.

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