TWT Property Group has secured over $30 million worth of sales at the first release of its new Crows Nest masterplanned community, The Collective.

Locals drove demand for the first release of just 25 apartments, with 60 per cent of them snapped up on the opening weekend.

<a href="https://www.urban.com.au/project-marketer/belle-property">Belle Property</a>&nbsp;International's Murray Wood said younger couples and downsizer owner-occupiers were among the first buyers.

"The enthusiasm we’ve seen on day one confirms that there’s a real appetite for boutique-style residences in this area," Wood said.

"Buyers are very keen to secure a foothold in <a href="https://www.urban.com.au/developments/crows-nest-nsw-2065">Crows Nest</a>, especially given the new Metro station's convenience. The market is showing resilience, and these sales reflect strong confidence in premium, well-connected developments like <a href="https://www.urban.com.au/new-apartments/the-collective-crows-nest-23-35-atchison-st-crows-nest">The Collective</a>."

[smartcode_project:default project_id=94318 project_image_fid=293323]

Prices for the one-bedroom apartments start from $935,000, with two-beds from $1.48 million and three-bedrooms from $2.3 million. The exclusive four-bedroom apartment start at $3.05 million.

The larger two and three-bedroom residences have been the most sought after, particularly by owner-occupiers seeking generously proportioned, well-designed spaces, Wood added.

"The lifestyle-oriented location, combined with a two-year completion horizon, is giving families time to plan their moves."

The newly operational Crows Nest Metro station has been a clear drawcard for buyers, with several purchasers highlighting the Metro as a ‘game-changer’ for their next property move.

[smartcode_project:default project_id=94318 project_image_fid=294220]

Gavin Zhang, General Manager of <a href="https://www.urban.com.au/developers/twt-property-group">TWT Property Group</a>, said after 10 years of planning and development, it was "fantastic to see such strong interest in The Collective."

"We’ve been confident that this project would be a great addition to the neighbourhood, and the results speak for themselves," Zhang says.

"The broader vision for this development is not just about creating high-quality residences, but also fostering a community-focused, arts-inspired precinct that will be a landmark for years to come."

The first stage of the masterplan will feature 3,000 sqm of commercial space, part of the 10,000 sqm of commercial space that will be on offer across the total 1.3-hectare development.&nbsp;

[smartcode_project:default project_id=94318 project_image_fid=293333]

Wood suggested the&nbsp;outlook for The Collective and the surrounding area remains optimistic.

“With escalating land values in Crows Nest and limited new supply, we would expect The Collective to perform well in the long term,”&nbsp;he said.

"We’ve provided detailed, local sales evidence that clearly shows The Collective is well-placed in terms of value. I even told one buyer, ‘If you find another property in this location, with this level of quality and pricing, I’ll buy it myself!’ That’s how confident we are."

While The Collective is technically within <a href="https://www.urban.com.au/developments/st-leonards-nsw-2065">St Leonards</a>, its location on the northern side of the Pacific Highway places it closer to the established, thriving hubs of Crows Nest and Naremburn.

[smartcode_project:default project_id=94318 project_image_fid=294224]

With the first stage well underway,&nbsp;<a href="https://www.urban.com.au/builders/westbourne-constructions">Westbourne Constructions</a>&nbsp;anticipates completion of the first stage in Q3 2026.

<a href="https://www.urban.com.au/architects/team2-architects">Team2</a> and <a href="https://www.urban.com.au/interior-designers/dbi">DBI</a>&nbsp;are the architectural and interior design team behind the project, while artist&nbsp;Mel O’Callaghan,&nbsp;globally known for her large-scale vibrant artworks, has created a 22-metre piece titled 'Vertical Flow’ that will sit within the façade of the building.

[smartcode_project_cta:default project_id=94318]

The larger two and three-bedroom residences have been the most sought after, particularly by owner-occupiers seeking generously proportioned, well-designed spaces.

Joel Robinson

Local apartment buyers snap up The Collective, Crows Nest on weekend launch

This week marks the opening of their 9 new apartments for young women experiencing homelessness&nbsp;&nbsp;

Opening September 17, <a href="https://bridgeit.org.au/">Bridge It</a>, a charity providing homes for young women (ages 17-21) who have experienced the out-of-home care system or homelessness, has partnered with <a href="https://www.housingfirst.org.au/work-with-us">HousingFirst</a> to extend their capacity from 7 to 16 studio apartments within their supportive housing program, “The Cocoon.”&nbsp;

<blockquote>
<a href="https://bridgeit.org.au/home/support-us/">To donate to Bridge It head to: https://bridgeit.org.au/home/support-us/&nbsp;
</blockquote>

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/DTdxbjhv7XQ?si=9Y8Lw_Mg8tl_Cr5U" title="YouTube video player" width="560"></iframe>

With 38,000 young people aged 15–24 years sleeping on the streets, couch surfing, and shelter hopping, heavily impacted by the exponential rise in rental prices, coupled with record-low vacancy rates, Bridge It’s CEO and founder, Carla Raynes can see clear gaps in government funding and policy that leaves residents like hers falling through the cracks.&nbsp;&nbsp;

"With systemic underfunding across the homelessness sector, radical collaboration is key. We simply can’t expect the government alone to fix this crisis,” states Carla. “Our goal at Bridge It is to replicate Cocoon's success nationwide, ensuring every state has a Cocoon so young women can access this transformative program.”&nbsp;&nbsp;

"Homelessness in Victoria rose 24% at the last Census, and we need to act now to ensure that we don’t end up with more children and young people without a home. Across 20 years in the sector, I have never seen anything like the Cocoon. The support we provide is holistic and wraps around our young residents in every area of their lives. In our pilot phase, we provided a home to 11 young women and transitioned from our accommodation into the housing of their choice. We refuse to give up on our young people.”&nbsp;&nbsp;

Since launching in 2021, Bridge It has raised a huge $2.5M in donations from generous donors,&nbsp; foundations and corporates including Sir Richard Branson, Mirvac, ANZ, Westpac and AMP to fund the Cocoon project. This funding supports young women to stay in the residence for 12-18 months, providing time to stabilise, learn life and living skills and move positively into adulthood.&nbsp;&nbsp;

<img alt="Bridge It" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/Screenshot%202024-09-15%20at%202.54.14%20pm.png?VersionId=vKxfHCe71jozEi.aUn7kyT0vp1zbl8yV" />

This project marks a private sector, charity, and social services collaboration that integrates lived experience mentoring, therapies like acupuncture, and activities such as zoo visits and cooking lessons, paving pathways to independent housing and employment. Bridge It has had a 100% success rate in its beta program where they placed all 11 Cocoon residents into secure housing. If adopted nationally, this model could be crucial in ending youth homelessness in Australia.&nbsp;

The expansion marks a milestone in Cocoon’s efforts to provide safe, supportive spaces for Australian youth; made possible through a partnership between Bridge It and Housing All Australians who engaged industry leaders: <a href="https://urban.com.au/developers/Mirvac">Mirvac</a>, Dulux, RPS, K2LD, Simon Ellis, Urban.com.au and many others who have donated pro bono work and products valued at $1.5M. &nbsp;

<img alt="Bridge It, St Kilda" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/Screenshot%202024-09-15%20at%202.53.57%20pm.png?VersionId=_HhmOC5SLOMv24Sl5bOrcFnClSXIO1NA" />

Elysa Anderson, General Manager Residential Victoria and Western Australia at Mirvac&nbsp; highlights their commitment: "Mirvac is proud to collaborate with Housing All Australians and&nbsp; Bridge It to refurbish these apartments, aiming to provide a new home and supportive&nbsp; community for young people transitioning from care."&nbsp;&nbsp;

<blockquote>
<a href="https://bridgeit.org.au/home/support-us/">To donate to Bridge It head to: https://bridgeit.org.au/home/support-us/&nbsp;
</blockquote>

Opening September 17, Bridge It has partnered with HousingFirst to extend their capacity from 7 to 16 studio apartments within their supportive housing program, “The Cocoon.”

Urban Editorial

Bridge It leads radical St Kilda Homelessness Collaboration

Gordon Corp has again teamed up with the Mathieson family as they unveil plans for their latest luxury Gold Coast apartment development.

They've joined the hot <a href="https://www.urban.com.au/developments/palm-beach-qld-4221">Palm Beach off the plan apartment market</a>, lodging plans for a nine-level building at&nbsp;62-64 Jefferson Lane, just one row back from the beach.

The building, designed by Cottee Parker, comprises 47 two and three-bedroom apartments.

<img alt="Palm Beach" data-entity-type="file" data-entity-uuid="e7bfc100-b6ed-4437-89ad-31e89058f43b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-09-13%20at%2012.41.07%E2%80%AFPM.png?VersionId=MAtUYadsbJZiLzfcWmTwG_BRG57ll0PO" />

The large 2,185 sqm site neighbours the&nbsp;Pavilions Palm Beach retail precinct.

Gordon Corp Sales and Marketing Director Lara Dimond said the&nbsp;vision for the project is to deliver a boutique development with a strong focus on wellness and liveability.

"We have been very deliberate in not pushing scale, or density,” Dimond said.

“The building includes 450sqm of landscaped green space, equating to 20.6% of the site. This focus on landscape extends to the very heart of the building itself, where a stunning atrium delivers cross ventilation and light throughout the building."

Dimond says the development is a complete lifestyle offering, with the beachfront&nbsp;less than 60m away and the retail and dining precincts&nbsp;on its doorstep.

The apartments start from 115 sqm and range in size to 275 sqm. Private resident amenities have been incorporated on the ground floor. There will be a 15m lap pool with day beds and cabanas, a wellness centre with cold plunge and a hot spa, as well as a sauna and steam room. The wellness centre will also feature a&nbsp;state-of-the-art gym.

<img alt="Palm Beach" data-entity-type="file" data-entity-uuid="96fdf117-3edb-422b-a7ca-e6f6ed303bca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-09-13%20at%2012.41.12%E2%80%AFPM.png?VersionId=5cF3YeqXuFjY.l6sxCVUGYdBVfMWJNzf" />

Gordon Corp Managing Director, Tim Gordon, said the project was a welcome addition to the group’s growing residential portfolio, which includes the ultra-luxe The Mantaray Marina &amp; Residences – its first project with the Mathieson family - currently under construction on The Spit.

“Luxury isn’t just in the location, it’s in the detail, and we’ve have been able to channel the same elevated design approach from The Mantaray into our plans for Palm Beach,” Gordon said.

“Once this has progressed through the planning process, our intention is to break ground as swiftly as possible.”

<img alt="Gordon Corp" data-entity-type="file" data-entity-uuid="0f3505de-72c2-4e87-88a5-f6be333bc7b0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-09-13%20at%2012.41.43%E2%80%AFPM.png?VersionId=4TQw0JdakjuAS_BVfzxHNp7MQXpTZWIQ" />

Bruce Mathieson jnr. said Gordon Corp and the Mathiesons were aligned in their vision for ultra- luxe living in south-east Queensland.

“We are pleased to partner with Gordon Corp on another luxury project as we continue to redefine what it means to live on the Gold Coast,” Mathieson said.

“This project has outstanding potential and will truly stand out from the rest at its prime Palm Beach location.”

The Mantaray Marina &amp; Residences is being delivered by Multiplex and on track for completion in early 2026. The $300 million project represents the first new development on The Spit since Palazzo Versace, Sheraton Mirage and Mariner’s Cove more than 20 years ago.

It is also the first development to be delivered under The Spit Master Plan.

The Palm Beach apartment market has been running hot for several years, and has recently had another wave of development applications hit the table of the Gold Coast City Council.

Sherpa, one of the most active developers in Palm Beach, has <a href="https://www.urban.com.au/news/qld/first-look-sherpa-file-plans-for-first-gold-coast-apartment-development-under-new-flourish-brand">filed plans for Flourish on Sixth</a> which <a href="https://www.urban.com.au/new-apartments/flourish-on-sixth-ave">will have 94 apartments</a>.&nbsp;Builder developer 5Point is also doubling down on the suburb, seeking to <a href="https://www.urban.com.au/news/qld/5point-go-again-in-palm-beach-with-palm-shores-apartment-development">develop another luxury project</a> on Jefferson Lane.

First look exclusive: Gordon Corp team up again with Mathieson family and join booming Palm Beach off the plan apartment market

<a href="https://www.urban.com.au/developers/deicorp">Deicorp</a> has commenced construction on its latest project, Marquet &amp; Mary in Rhodes, with a traditional sod-turn and blessing event attended by key project partners.&nbsp;

The event marked the beginning of a significant development that will see the construction of a 42-level tower comprising 274 apartments, with a portion designated as affordable housing for essential workers.

<a href="https://www.urban.com.au/new-apartments/marquet-mary-rhodes-1-9-marquet-street-rhodes-nsw-2138">Marquet &amp; Mary</a>, located at the corner of Marquet and Mary streets, has been designed by <a href="https://www.urban.com.au/architects/fender-katsalidis-architects">Fender Katsalidis</a>&nbsp;who won a&nbsp;design excellence competition to take the artchitectural reins.&nbsp;

[smartcode_project:default project_id=141515 project_image_fid=287865]

The building will serve as a new landmark in the <a href="https://www.urban.com.au/developments/rhodes-nsw-2138">Rhodes</a> town centre, with its design emphasising elegant internal apartment planning, a tripartite vertical rhythm on the facade, and a human-scaled design for the podium.

The tower will offer one, two, and three-bedroom apartments with views ranging from the Sydney skyline to the east to the Blue Mountains in the west.&nbsp;

In addition to residential spaces, the development will feature a four-level podium with commercial and retail spaces, along with a rooftop terrace, a courtyard garden, and a new public plaza at the southern entrance.&nbsp;

The project is strategically located within walking distance of Rhodes Train Station and is directly connected to Rhodes Central shopping centre.

[smartcode_project:default project_id=141515 project_image_fid=287864]

<a href="https://www.urban.com.au/developers/deicorp">Deicorp</a> Chairman, Fouad Deiri OAM, highlighted the importance of collaboration in delivering projects of this scale and recognized the contributions of everyone involved in the project so far.&nbsp;

The Marquet &amp; Mary development is part of a larger effort by Deicorp, which currently has 3,200 apartments under construction across Sydney, to provide the homes and communities needed in the area.

The development's swift approval by Canada Bay City Council and the record-setting sales achievements underscore the project's significance in the region.&nbsp;

An 87 sqm two-bedroom apartment on the 30th level recently set a suburb record by selling for $1.72 million, driven by Deicorp’s reputation and the impressive views offered by the property.

Read more:&nbsp;<a href="https://www.urban.com.au/news/nsw/deicorp-set-new-rhodes-apartment-record-with-marquet-mary-sale">Deicorp set new Rhodes apartment record with Marquet &amp; Mary sale</a>

[smartcode_project_cta:default project_id=141515]

The project is strategically located within walking distance of Rhodes Train Station and is directly connected to Rhodes Central shopping centre.

Construction starts on Marquet & Mary apartments in Rhodes

Plans have been finalized for a towering green apartment building by Koichi Takada in Brisbane.

The development, at <a href="https://www.urban.com.au/new-apartments/25-mary-street-brisbane">25 Mary Street</a>, is to be developed by&nbsp;<a href="https://www.urban.com.au/developers/ks-property">KS Property</a>&nbsp;and will be one of the Queensland capital's tallest towers at 264 metres, only behind&nbsp;the Brisbane Sky Tower and The One Residences by Shayher Group.

The 71-level building by the&nbsp;renowned Japanese architect will home 527 one, two, three, and four-bedroom apartments and over 4,000 sqm of communal recreational space.

The design of the tower is inspired by natural forms, with the building's height evoking the image of a tree trunk rising into the sky, while the recreational levels are conceptualised as "nests" scattered throughout the structure.

<img alt="Inside Koichi Takada's designs for one of Brisbane's tallest apartment towers" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-02-07%20at%2010.06.52%20am.png?VersionId=AOihWxSl4StHqBaIHTx6ciUofXJjyOgH" />

Facilities on levels six and seven will cater to all residents, offering amenities such as a pet spa, yoga rooms, float therapy and a gym.

Higher up, on levels 23, 39, and 66, exclusive amenities will be provided for different apartment collections, including business centres, golf simulators, libraries, and private training rooms.

The podium and ground-level design also reflect the building's overall organic aesthetic, featuring cascading plants, green walls, and tactile materials that enhance the pedestrian experience.&nbsp;

The lobby will provide a generously proportioned, open space for residents and offer opportunities for passive surveillance of the street.

<img alt="Inside Koichi Takada's designs for one of Brisbane's tallest apartment towers" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-02-07%20at%2011.58.10%20am.png?VersionId=IXuU2rWmC0xhyCycGaUBTE6liEYi3P.y" />

The tower will sit on a 2,736 sqm site that spans 25 Mary Street and 98 and 98A Margaret Street, just two streets away from the Brisbane City Botanic Gardens and a short distance from Queens Wharf Brisbane.&nbsp;

The site is adjacent to the Unilodge campus apartment building, Metro 21 apartment building, and the 23-level commercial office building, Mineral House.

[smartcode_project_cta:default project_id=143854]

Melbourne has the lowest preliminary clearance rate since February: CoreLogic RP Data

Michael Crawford

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