A landmark gated community on the Gold Coast’s Isle of Capri is nearing completion, with <a href="https://www.urban.com.au/new-townhouses/capri-villas-81-salerno-street-isle-of-capri-qld-4217">Capri Villas</a> unveiling its suite of private, resort-style amenities ahead of welcoming residents later this year.&nbsp;

Priced from $2.4 million, only 10 of the 48 architecturally designed villas remain available.

Developed by <a href="https://www.urban.com.au/developers/monaco-property-group">Monaco Property Group</a>, the community offers one of the most comprehensive amenity offerings ever delivered on the exclusive island, including a designer pool with submerged lounges, a resident lounge, outdoor BBQ and dining pavilion, all set within secure landscaped surrounds.&nbsp;

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Designed by <a href="https://www.urban.com.au/architects/plus-architecture">Plus Architecture</a>, each of the villas has been carefully considered, from solid concrete construction and suspended slabs to soaring double-height entry voids and spa-style master ensuites with freestanding tubs.&nbsp;

Engineered timber floors, natural stone surfaces, and expansive glazing create a warm, tactile environment, while outdoor courtyards and custom joinery encourage seamless indoor-outdoor living.&nbsp;

Open-plan interiors are anchored by statement kitchens, each equipped with premium Gaggenau appliances, Vintec wine fridges, integrated French-door refrigerators, natural stone island benchtops, hidden walk-in pantries, and soft-close cabinetry, designed for both form and function, whether entertaining or enjoying everyday life.&nbsp;

Each villa features three or four bedrooms, open-plan living, private courtyards, secure double garage, a configuration that has resonated with downsizers and lifestyle-driven buyers seeking low-maintenance living with quality and space.&nbsp;

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Capri Villas will host a public Open Day on Saturday, June 14, offering guests the first look at the newly completed Villa 1 Display Suite and unveiling of the resort-style amenities. Visitors can experience the Capri lifestyle firsthand while enjoying freshly brewed coffee and light nibbles from local Isle of Capri favourites Bisou Bakery and Manolas.

Jonathan Grasso, co-founder of developer Monaco Property Group, said the strong early sales reflected the demand for homes that deliver not only on design but on amenity and location.&nbsp;

“Capri Villas has attracted a high level of interest from both local and interstate downsizers looking for a secure, low-maintenance home without compromise," Grasso said.

"We’re also seeing a growing number of families purchasing for their children as a way to help them enter the property market in a meaningful way. The combination of premium design, gated security, shared amenities, and a central address has drawn in residents who value quality, privacy, and a true sense of place.”

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Located at 81 Salerno Street, Capri is just 800 metres from the Capri on Via Roma retail and dining precinct, and within easy reach of schools, the beach, and Gold Coast cultural and health hubs.&nbsp;

Construction is being delivered by award-winning builder <a href="https://www.urban.com.au/builders/greyburn">Greyburn</a>, with the first residents expected to move in from late July and final handovers completed before the end of the year.

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Exclusive Isle of Capri Development to Host Open Day June 14; Display Villa Now Complete 

Joel Robinson

Capri prepares to welcome residents to resort-style villa community on Isle of Capri

Momentum is building at Incontro Apartments in Subiaco, with nearly 50 per cent of apartments already sold before construction has commenced.

As construction commencement draws near, buyers are being urged to act fast to take advantage of the highest possible off-the-plan stamp duty savings - a window that will soon close once building works begin.

Developed by award-winning Cedar Woods, the Incontro precinct, located on the edge of Subiaco’s town centre, is already a vibrant community with 41 completed townhouses and now the launch of Incontro Apartments.

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The apartments are attracting strong interest due to their premium location just 5km from Perth’s CBD and access to generous government incentives.

Under recent updates to the WA Government’s Off-the-Plan Duty Concession and Rebate Scheme, eligible buyers can currently benefit from no stamp duty payable on apartments priced under $750,000*, and a 50 per cent concession on duty for apartments priced above $750,000*.

With apartments at Incontro starting from $649,000*, buyers stand to save thousands. However, these savings reduce significantly once construction begins - a milestone expected soon, with builder appointment underway.

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Sales activity at <a href="https://www.urban.com.au/new-apartments/incontro-subiaco-133-salvado-road-subiaco-wa-6008">Incontro Apartments</a> reflects the growing urgency in the market. Almost half of the available apartments have already been secured, and remaining stock is attracting heightened interest from a range of buyers drawn to the lifestyle and investment potential.

Designed by highly regarded Melbourne-based architects, DKO Architecture, the building has been crafted to harmonise with the existing townhouse community, using soft architectural forms and natural colour schemes inspired by Western Australia’s native flora.

With construction approaching, future price rises are expected. Buyers who act now not only access greater stamp duty savings but also secure the current price and the best remaining apartment layouts before further stock is sold.&nbsp;

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Buyers who act now not only access greater stamp duty savings but also secure the current price and the best remaining apartment layouts before further stock is sold

Buyers take advantage of WA stamp duty concessions as Incontro Subiaco apartments near 50% sold

The Southern Gold Coast continues to attract buyers seeking sun and surf, especially downsizers and lifestyle-driven investors shifting away from traditional beachfront palaces toward more approachable, flexible apartment living.&nbsp;

In Market Insights EP 97, Urban.com.au CEO Mike Bird sits down with <a href="https://www.urban.com.au/project-marketer/srq-projects">SRQ</a>’s Nicholas Clydsdale to unpack this transformation, why demand is soaring in places like Rainbow Bay, and how developers are navigating a more measured but still highly competitive market.

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Clydsdale says the post-COVID real estate wave reshaped both buyer behaviour and developer strategies in Southeast Queensland.

“What we saw was that the prime beachfront market was very well serviced,” he explains. “A lot of developers from the south, along with a lot of interstate migrants, decided to bring forward their retirement plan or alter their lifestyle. They wanted to live on the beach in the Gold Coast.”

But now, the focus has shifted toward “A-minus” product—still beach-adjacent but more accessible in price.

“We’re seeing a real resurgence in the A-minus market,” Clydsdale says. These are typically two or three-bedroom residences, ideal for buyers who want flexibility.

“It’s a lock and leave holiday home, but they might also want to let it out in a holiday-let style business.”

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SRQ’s work with Brisbane-based developer <a href="https://www.urban.com.au/developers/chapter-two">Chapter Two</a> on the <a href="https://www.urban.com.au/new-apartments/holm-rainbow-bay-44-50-eden-avenue-coolangatta">Holm Rainbow Bay</a> project illustrates how developers are responding to the market’s evolving preferences.

The project was launched around two and a half years ago, at a time there were no builders.

"The market was quite chaotic," Clydsdale recalls.

Instead of pushing ahead under pressure, Chapter Two and SRQ paused the release, reframed the project, and later re-entered the market. Six months after starting construction, the project is now over 80 per cent sold.

Holm consists of 87 two and three-bedroom apartments and a handful of four-bedroom townhouses, designed by Plus Architecture.

Crowning the 12-level building will be a residents' club featuring a 25-metre rooftop pool, spa, sauna, steam room, yoga deck, outdoor dining area with barbecue facilities, and a fire pit.

Additional features will include a gymnasium, a work-from-home area, a library, and a function room.

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Another emerging trend, Clydsdale says, is longer-term planning from buyers. Rather than making immediate moves, many are purchasing apartments off-the-plan with two to three-year completion horizons.

“What we've seen is a specific trend in the last six months is buyers - whether they're in Brisbane, Sydney, or Victoria - come up and do two or three holidays and hone in on the area. Rather than going the whole hog and selling the house, they'll buy a two-bedroom or a smaller three-bedroom apartment and look forward to take delivery in two or three years."

These buyers often retain their existing homes while gradually preparing for a future relocation to Southeast Queensland. For some, the timeline from purchase to full relocation may stretch to a decade.

Clydsdale highlights southern coastal areas such as Burleigh, Palm Beach, Coolangatta, and Rainbow Bay, as well as northern New South Wales towns like Kingscliff and Cabarita, as current areas of strong buyer interest.

He adds that projects in the range of 20 to 150 apartments are striking the right balance.

“From a buyer’s point of view, it's not just investment stock. They’re more livable. But also from a delivery point of view and a risk point of view for a buyer, there are a lot more builders out there in that project size. There's a lot more certainty of delivery and of quality.”

SRQ's next project to launch is <a href="https://www.urban.com.au/new-apartments/the-frederick-2265-2267-gold-coast-highway-mermaid-beach-qld-4218">The Frederick at Nobbys Beach</a>&nbsp;by <a href="https://www.urban.com.au/developers/big-projects">Big Projects</a>.

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“What we've seen is a specific trend in the last six months is buyers - whether they're in Brisbane, Sydney, or Victoria - come up and do two or three holidays and hone in on the area," Clydsdale says

Michael Bird

Gold Coast buyers starting to think longer-term: Five minutes with SRQ Projects Director Nick Clydsdale

There arguably hasn’t been as much national—or even international—fanfare for a Gold Coast apartment development as there has been for the recent launch of <a href="https://www.urban.com.au/new-apartments/pescado-palm-beach-228-230-jefferson-lane-palm-beach-qld-4221">Pescado</a> in Palm Beach.

The project is being undertaken by international DJ Paul Fisher and his wife Chloe. The couple, who have just launched YLB Property Development, intend to make the two-level penthouse their base when they’re back in Australia.

The remaining six levels will each comprise a full-floor apartment, set behind a striking curved facade by locals BDA Architecture.

Beyond the fanfare of the launch, genuine interest in the apartments has been strong, according to <a href="https://www.urban.com.au/project-marketer/pezet-matheson">Pezet Matheson</a> Managing Director Jayde Pezet.

"Buyers may have been alerted to the project because of the broader-than-usual media coverage it received at launch, but genuine buyers look beyond that and recognise the level of finish and detail," Pezet says.

While enquiries have come from both local and interstate buyers, it's locals who are showing the most interest.

"Everyone on the Gold Coast loves Palm Beach, and Jefferson Lane is the best street in the suburb," Pezet says.

I recently caught up with Jayde to discuss the project in more detail.

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“With this project being so important to Paul and Chloe, and being what they refer to as their forever home, they’ve looked at it and gone, ‘We are going to make this project within code.’”

The result is a low-density, high-amenity development that emphasises lifestyle and spatial quality rather than volume.

Each of the six full-floor residences spans around 325 sqm and have three bedrooms, an MPR, ocean-facing balconies, and interiors inspired by the Fishers' global travels.

All residences have access to a suite of wellness-focused communal spaces, including a pool, gym, and cold plunge facilities - features reflective of the Fishers’ personal lifestyle, which Pezet describes as “heavily wellness-oriented.”

“They're both incredibly into wellness - they eat super clean, they exercise, they ice bath - and you'll see that as a reflection in the project's amenity but also in the way they live their life,” he said.

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With prices ranging from $5.25 million to $7.1 million, Pescado is targeting a narrow but clearly defined buyer pool.

"We've still had an incredible amount of interest from baby boomers, but there have been younger people that have been inquiring also," said Pezet.

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Each of the six full-floor residences spans around 325 sqm and have three bedrooms, an MPR, ocean-facing balconies, and interiors inspired by the Fishers' global travels

A "passion project" not to be repeated: Inside DJ Fisher's Pescado Palm Beach with Jayde Pezet

South East Queensland builder-developer <a href="https://www.urban.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> (GVG) is creating a new mixed-use village in its native Nundah, a suburb they’ve called home for decades.

Close to their heart, GVG called on community feedback during the planning and design phase of what will not only be a rare opportunity to live in a brand new apartment with doorstep retail and hospitality venues, but also their future home, as they plan to relocate their current Union Street office into the development.

The new project, <a href="https://www.urban.com.au/new-apartments/danby-lane-nundah-village-5-danby-lane-nundah-qld-4012">Danby Lane</a>, named after its location just across from Nundah Village shopping mall, will bring 84 one, two, and three-bedroom apartments to the heart of Nundah.

To find out more about Danby Lane, I caught up with GVG Director Sam Gardner to chat about the project.

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From the outset, Gardner made it clear that Danby Lane was about more than bricks and mortar — it was about trust.

“Nundah’s probably got one of the strongest communities we've ever encountered,” Gardner said. “They like to be included or brought along on the journey of things like this.”

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Gardner described a three-year process of community engagement prior to construction, including face-to-face consultations and on-site information stalls.

“There is and remains a negative connotation behind development,” Gardner said. “There is this sense that the developer is bullying their way in, taking a piece of land and making a huge amount of profit on it. We really wanted to change that perception in Nundah.”

It’s a strategy that appears to have worked. While Nundah residents have previously voiced strong opposition to new developments in the area, Danby Lane progressed with community support.

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“We're quite proud that we've become the builder-developer of choice in Nundah,” Gardner said. “Our headquarters is currently in another building we developed 10 years ago.”

At street level, Danby Lane will include six retail and commercial tenancies. GVG is actively working to attract operators that will complement the existing neighbourhood offer.

“One of the main things we target in these sites is the walkability score, the convenience,” Gardner said. “We are doing a lot of work in the design of the retail space at the bottom of Danby to get some more slow-down restaurants included.”

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This aligns with broader trends in suburban intensification, where residential density is paired with retail amenity and improved public interface.

With 84 residential apartments atop two levels of commercial and retail space, Danby Lane is designed with a mix of buyers in mind.

GVG reports interest from a range of buyer groups, particularly downsizers and local residents seeking to remain in the area without the upkeep of a standalone home.

“We're looking at people who don't necessarily want to move out of the area that they love,” Gardner said.

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The location is also attracting buyers who travel frequently.

“Being in between the Brisbane CBD and the airport really has a good opportunity there to target people who travel a lot. We have received a number of leads and people interested in buying for that reason,” he noted.

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Danby Lane marks the latest in a series of developments by Gardner Vaughan Group across South East Queensland.

Construction of Danby Lane is now underway, with completion anticipated in 2027.

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From the outset, GVG Director Sam Gardner made it clear that Danby Lane was about more than bricks and mortar — it was about trust.

Mermaid Beach office sold for $2.31 million

Staff reporter

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