For Development Victoria, building sustainable homes isn't an option—it’s a baseline expectation for every new development. The State Government authority understands its role and responsibility in providing sustainable homes across Victoria.

In 2020, <a href="https://www.urban.com.au/developers/development-victoria">Development Victoria</a> launched an overarching sustainability strategy, consolidating its previous efforts and setting new goals in line with state statutory policy obligations, industry best practices, and global trends.

"At Development Victoria, we’re taking action on climate change with a strong and clear commitment to creating a sustainable future for our staff, the community, and all Victorians,"&nbsp;Project Director Lucy McNiven&nbsp;says.&nbsp;

"Our aim is to ensure we leave a strong legacy across all our work, through sustainable development and construction—and nothing less than best practice. Our homes are designed to be sustainable and affordable, giving more Victorians the opportunity to live where they want to be, without having to compromise on quality.”

Each new housing project undertaken by Development Victoria begins with a strong focus on how to incorporate sustainable initiatives and features during the planning and design phase. The goal is always to integrate these elements into new homes in the most cost-efficient way possible for buyers.

Their masterplanned community in Officer, called <a href="https://www.urban.com.au/new-townhouses/olio-officer-corner-of-bridge-road-and-coxon-street-officer-vic-3809">Olio</a>, is a prime example of Development Victoria’s forward-thinking approach to home building. Located in Melbourne’s South East Growth Corridor, Olio showcases a thoughtful approach to community development, placing long-term sustainability at the heart of its planning.

[smartcode_project:default project_id=84641 project_image_fid=211742]

The two-, three-, and four-bedroom homes at Olio are designed to achieve a minimum 7-star NatHERS energy rating. All homes are fully electric, significantly reducing environmental impact compared to gas-powered alternatives—particularly in kitchens. Water is heated using energy-efficient heat pump systems that extract heat from the air, while double-glazed windows improve thermal efficiency year-round and reduce reliance on heating systems. Each home is equipped with a 3kW rooftop solar PV system to generate clean, renewable energy and lower electricity bills. A 15A isolator for EV charging is also pre-installed in every garage, future-proofing homes for electric vehicle use.

Beyond the sustainability features that benefit both residents and the environment, Development Victoria has also committed to carbon-neutral construction. Emissions generated during the building process are offset through investment in protected native forests.

&nbsp;

[smartcode_project:default project_id=84641 project_image_fid=211732]

Development Victoria has also placed a focus on improving the natural environment surrounding Olio. The team has supported the revitalisation of Gum Scrub Creek, transforming it into a public green corridor that brings nature to the edge of Olio. A central neighbourhood park has also been created for residents to enjoy.

Over 90 homes have already been delivered in the first stage of Olio. Stage two is now underway by reputable townhouse builder Sienna Homes, the same builder responsible for the successful first stage.

[smartcode_project:default project_id=84641 project_image_fid=161918]

Olio is strategically located directly opposite Officer Station, providing direct train access to Melbourne’s CBD in just over an hour. It’s also within walking distance of the planned Officer Town Centre, which will introduce new retail and commercial services to the area in the near future. Local amenities such as One Centre Square—which features dining, medical, and fitness facilities—are already well-established nearby.

Development Victoria is guided by a mandate to deliver housing that balances affordability, quality, and sustainability—an approach that has shaped other landmark projects including Docklands, Fitzroy Gasworks, and Springvale.

The second stage of homes at Olio Officer are now selling, with prices starting from well under $500,000.

[smartcode_project_cta:default project_id=84641]

Joel Robinson

Shaping a sustainable future: How Development Victoria is setting new standards in sustainability

Developer Tian An has quickly sold around a quarter of the apartments on offer at its recently launched North Village apartment development, the second stage of its successful Auburn Square precinct.

<a href="https://www.urban.com.au/new-apartments/north-village-auburn-square-35-northumberland-road-auburn-nsw-2144">North Village</a>, located opposite the first completed stage of Auburn Square and just a short walk to the centre of Auburn, will deliver 264 one-, two-, and three-bedroom apartments, with prices starting from $525,000.

[smartcode_project:default project_id=149184 project_image_fid=324853]

It is the only new development in Auburn to offer the sought-after Latent Defects Insurance by Resilience Insurance. This insurance provides buyers with up to 10 years of coverage for any structural or waterproofing issues—not just in the building and common areas, but also within their individual apartments. It’s the most rigorous insurance available to developers, giving buyers genuine peace of mind when purchasing off the plan.

Ray White WS Managing Director Mark Bernberg says buyers have been waiting for the opportunity to purchase a brand new apartment ever since the first stage sold out.

"We are just two minutes from the train station and 20 minutes to the CBD. With Auburn Central offering a range of retailers—and Coles taking the entire ground floor of North Village—now is one of the best times for those looking for a brand new apartment in Auburn to enter the market," Bernberg says.

<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/XOighio-qsg?si=kqzPignCcLq6fL1O" title="YouTube video player" width="560"></iframe>

Bernberg has sold apartments to all types of buyers; however, the main demographics have been first home buyers and young professionals.

Designed by renowned architecture firm <a href="https://www.urban.com.au/architects/rothelowman" target="">Rothelowman</a>, North Village marks only their second residential project in the area, following the first stage of Auburn Square. Rothelowman is nationally recognised for designing some of Australia’s most iconic apartment buildings.

[smartcode_project:default project_id=149184 project_image_fid=324852]

Gold Star, iCIRT-rated builder Binah has already cleared the site and is preparing to break ground, with targeted completion set for Q4 2027.

North Village will feature smart home technology-enabled apartments and shared resident amenities, including a gym, cinema, and landscaped rooftop garden.

[smartcode_project_cta:default project_id=149184]

Gold Star, iCIRT-rated builder Binah has already cleared the site and is preparing to break ground, with targeted completion set for Q4 2027

Tian An quickly sells 25% of apartments in North Village, Auburn, following successful launch

As investment in Melbourne’s west accelerates, the Sunshine Precinct is emerging as a key node in Victoria’s long-term urban growth strategy.

Backed by more than $20 billion in public infrastructure projects, this historically working-class area is being quietly repositioned as a future metropolitan centre - one that may reshape how Melbourne’s west grows over the next three decades.

<h2>Strategic repositioning through transport infrastructure</h2>

At the centre of this transformation is Sunshine’s evolving role as a major transport interchange. A series of significant rail upgrades - most notably the Melbourne Airport Rail link - will establish Sunshine Station as a primary hub connecting regional Victoria, the western suburbs, and Melbourne Airport to the CBD.

Currently underway, the Melbourne Airport Rail project will deliver a 30-minute connection between the city and the airport, with Sunshine Station acting as a key transfer point. As part of this, Sunshine is being redeveloped into a transport “superhub”, including new regional platforms, extended concourses, track realignments, and improved signalling infrastructure.

This network shift, supported by complementary projects like the Sunbury Line Upgrade and Metro Tunnel, positions Sunshine at the crossroads of future movement patterns - both within the metropolitan area and beyond.

<h2>Growth Areas: Housing, Jobs and Urban Structure</h2>

Urban growth forecasts model significant shifts in the Sunshine Precinct’s population and job capacity over the next 25 years. According to Victorian Government estimates, the area could support:

<ul>
	<li aria-level="1">70,000 dwellings by 2051, up from 16,000 in 2021</li>
	<li aria-level="1">45,000 residents, compared to today’s estimated 27,000</li>
	<li aria-level="1">26,000 jobs, more than doubling the current base of 10,000</li>
</ul>

Importantly, this growth is concentrated around three primary nodes:

<ul>
	<li aria-level="1">Sunshine Station Precinct – envisioned as a mixed-use transit hub with commercial, civic and high-density residential development.</li>
	<li aria-level="1">Albion Quarter – a large redevelopment area surrounding the rebuilt Albion Station, planned to accommodate a mix of employment land and infill housing.</li>
	<li aria-level="1">Sunshine CBD – a civic and educational centre that includes Victoria University and Sunshine Hospital, with potential for further office-based employment growth.</li>
</ul>

These zones are positioned to support medium-to-high-density outcomes over time, particularly in response to housing supply pressures and the increasing viability of transit-oriented development in Melbourne’s middle suburbs.

<h2>Public Realm and Amenity Improvements</h2>

Complementing the transport infrastructure is a suite of urban realm projects aimed at improving the liveability and walkability of Sunshine.

The Sunshine Station Masterplan, supported by $143 million in government funding, outlines improvements such as:

<ul>
	<li aria-level="1">A new plaza and bus interchange at Station Place</li>
	<li aria-level="1">Shared user paths and landscaped public open space</li>
	<li aria-level="1">A new development site adjacent to the station</li>
	<li aria-level="1">Improved pedestrian connections across the rail corridor</li>
</ul>

Further north, the Albion Quarter Structure Plan is being prepared to support the transition of underutilised industrial land to mixed-use zones, with an emphasis on proximity to public transport and community infrastructure.

Meanwhile, early-stage planning is underway to revitalise Stony Creek, a concrete-lined drainage corridor, into a more ecologically integrated and accessible green space that could serve both flood management and recreational purposes.

<h2>Market and Investment&nbsp;</h2>

Although Sunshine has seen incremental renewal in recent years, particularly within its CBD and civic precincts, its broader built form remains relatively low in scale. Large parcels of land, legacy industrial uses, and fragmented development patterns have historically limited significant private investment.

However, that equation is beginning to change. Government-led infrastructure is laying the groundwork for long-term uplift in land values and development feasibility, particularly for medium- and high-density residential and mixed-use projects within walking distance of key transit points.

The opportunity, for now, lies in the early timing of intervention. As has occurred in precincts like Box Hill and Footscray, public sector certainty around infrastructure often precedes a wave of private-sector response. Sunshine’s relatively flat topography, proximity to established institutions, and substantial redevelopment sites give it a similar potential trajectory.

<h2>New housing opportunities</h2>

Well positioned to take advantage of the future growth in Sunshine is <a href="https://www.urban.com.au/new-townhouses/luma-sunshine-north-247-st-albans-road-sunshine-north-vic-3020">LUMA</a>, a vibrant new community by <a href="https://www.urban.com.au/developers/development-victoria">Development Victoria</a> - the Victorian Government’s property developer.

Located halfway between Ginifer and Albion Stations and near the upcoming Sunshine Precinct infrastructure, LUMA Sunshine North will feature over 300 townhouses, with Melbourne-based SAW Constructions delivering the first two stages of the development.&nbsp;

The first stage of LUMA has delivered 86 homes, with all residents now moved in and enjoying all that the area has to offer.

[smartcode_project:default project_id=27783 project_image_fid=350574]

More than 3,600 sqm of open space has already been created at the newly opened Willowbark Park which features a playground, BBQs and picnic areas, enhancing liveability and local connection.&nbsp;

A direct connection to the Stony Creek pedestrian path network has also been integrated, seamlessly extending this key link and encouraging active travel both within the site and beyond. A future bridge over Stony Creek will directly link the new community with the existing residential area to the east, improving east–west connectivity.

[smartcode_project:default project_id=27783 project_image_fid=255556]

Development Victoria has recently started construction on Stage two - a mix of 85 two, three, and four-bedroom townhouses to suit a range of households and budgets, from first home buyers and investors to young families and downsizers.

Homes at LUMA are designed with a focus on sustainability and are all-electric, featuring solar PV double-glazed windows, and a minimum 7-star <a href="https://www.urban.com.au/guides/what-is-a-nathers-rating-in-new-off-the-plan-apartment-developments">NatHERS</a> energy rating.

[smartcode_project:default project_id=27783 project_image_fid=96896]

Development Victoria is a government agency partnering with industry and communities to create sustainable, liveable places for people. They unlock underutilised land to deliver housing across Victoria, from house and land communities in Officer and Springvale, to mixed-use precincts in Fitzroy and Kew. They build a variety of homes and communities where people can thrive while catering to different budgets, lifestyles and needs so that more people can live where they want to be at prices they can afford.

Stage two of LUMA is now selling and is due for settlement next year. Buyers can secure a home with a 2.5% upfront deposit, and receive a $10k discount on the full price of the homes until June 30.

[smartcode_project_cta:default project_id=27783]

Well positioned to take advantage of the future growth in Sunshine is LUMA, a vibrant new community by Development Victoria - the Victorian Government’s property developer

Infrastructure drives new momentum in Melbourne’s Sunshine Precinct

Burgeoning South East Queensland builder-developer <a href="https://www.urban.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> (GVG) has its sights firmly set on their next Sunshine Coast apartment development.

GVG recently settled on a $19 million purchase of a prime 5,289 sqm site across 1–9 Bulcock Street and 45–47 Bombala Terrace. The acquisition paves the way for <a href="https://www.urban.com.au/new-apartments/eden-caloundra-1-9-bulcock-street-caloundra-qld-4551">Eden Caloundra</a>, a two-tower project with 179 apartments.

Early registrations are now open for Eden, with a full launch scheduled for September. Construction is expected to begin in January 2026, with the site already cleared.

<img alt="Eden Caloundra" data-entity-type="file" data-entity-uuid="422d7354-4c2e-4a77-ae67-89d5b0ecf3f7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-04%20at%204.45.16%E2%80%AFPM.png?VersionId=RB.KRQcVhp9fKF1BvHxYpe1igaddH7cx" />

The team revisited the original approved plans, which had included a hotel and nearly 3,000 sqm of retail and commercial space, and opted for a new direction.

GVG Director Sam Gardner says Eden presents an opportunity to reinvigorate Bulcock Street.

"Bulcock Street is one of the premier streets in Caloundra, but it's been left behind in recent years. We expect Eden to be just the start of the revitalization of the area," Gardner says.

He adds that the ground-level retail offering will be carefully curated, with a particular focus on the two hospitality operators that will play a key role in the precinct’s success.

<img alt="Eden Caloundra" data-entity-type="file" data-entity-uuid="6f20917c-6aa4-412e-aed9-39d88fbbb5a7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-04%20at%209.40.07%E2%80%AFAM.png?VersionId=tqo8py25Vq1we1IXFosNRwQPaUOwxIST" />

The national expressions of interest campaign by Colliers&nbsp;agents Brendan Hogan and Baydn Dodds attracted more than 210 enquiries and seven formal offers.

Hogan said this site offered a significant development opportunity in one of the most in-demand and supply-constrained markets in Queensland and Australia.

“The strong demand for housing and accommodation in the Sunshine Coast region drew intense interest from local and national developers,” Hogan said.

“This was a particularly rare site as it is located in an established area close to beaches, shops, cafes and entertainment at the top end of Caloundra’s CBD but also offered an elevated site, offering potential ocean and mountain views."

<img alt="Pool" data-entity-type="file" data-entity-uuid="269a2081-b722-471e-be18-bf3b57cde572" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-04%20at%204.46.03%E2%80%AFPM.png?VersionId=HA6bIy5yRXdW1yMl0am8cq0Qiw.iFGlM" />

Baydn Dodds said the transaction reflects the continued strength of the Sunshine Coast market and the high level of interest for premium development opportunities in lifestyle destinations such as Caloundra.

The population on the Sunshine Coast is expected to grow by 237,900 people between 2021 and 2046, requiring around 89,800 new dwellings. This equates to around 3,600 new homes needing to be delivered each year to accommodate the forecast annual population growth of more than 9,500 people.

GVG Director Sam Gardner says Eden presents an opportunity to reinvigorate Bulcock Street

Gardner Vaughan plans Eden Caloundra launch after $19m site purchase

Melbourne developer Central Equity is reviving its Surfers Paradise tower that was shelved three years ago due to escalating construction costs.

Central Equity, HIA Victoria's most awarded apartment developer—known for projects such as Melbourne Grand, Southbank Place, and Victoria Tower—has completed over 80 developments.

Back in 2022, the plan was for Pacific One, a 56-level tower comprising 486 dwellings. Although sales began successfully, it soon became clear the project was no longer feasible due to rising construction costs.

Now, there are renewed hopes that the skyscraper—set on a prime 3,259 sqm corner site at <a href="https://www.urban.com.au/new-apartments/corner-of-frederick-street-garfield-terrace-surfers-paradise">Frederick Street and Garfield Terrace</a>—will go ahead.

Central Equity has returned to the drawing board with architecture firm Marchese Partners, submitting a revised proposal for a 52-level tower with 347 apartments. The new design features six podium levels, up from the two originally approved. That will home the 387 parking spaces, rather than in basement-level parking, a costly and timely exercise.

<img alt="CE" data-entity-type="file" data-entity-uuid="e0cf7ffb-442b-4e8d-ae06-c37c0c1015ba" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Central%20Equity.jpg?VersionId=UkIDoY5fIGYQB4zfXvGvQPLrCa1JbfFC" />

A pre-lodgement meeting was held with the Gold Coast City Council before the recent application. Council supported the podium height, and identified reservations about the dark-glazed appearance, recommending finishes that complement the residential coastal character.

"In response to the above items raised, the development was revised to incorporate a more subtropical, coastal design palette with more incorporated articulation and recesses and deep planting," town planner Urbis noted in their submission.

Marchese Partners said in their submission that while&nbsp;the redesign of the development has been approached holistically, the design changes largely relate to the podium levels and tower base.

"The tower design remains primarily the same, with only minor revisions to the central column design. Given proposed increase in podium height, careful consideration has been given to the design strategy of these levels to ensure the tower base positively contributes to the streetscape character and coastal environment."

They said the podium design has been cleverly revised to emulate residential dwellings, by incorporating balconies and glazing with false windows.

"This creates the appearance of residential dwellings while also creating visual interest through balconies of varying height, width and depth and integrated landscaping. This in turn softens the overall appearance of the podium, reducing visual bulk and positively contributing to the development character of the area while maintaining the anticipated development intensity for the zone."

The extensive amenity that was on offer in the original building has been reduced.

Previously known as the Pacific Club (below), the sixth level will still feature two swimming pools, cabanas, barbecue areas, an indoor and outdoor gym, sauna, and a club lounge. Gone however is the exclusive rooftop club, reserved only for the use of skyhome and penthouse residents. There had been plans for a glass-edge pool, gym, sauna, and alfresco dining spaces.

<img alt="Central Equity" data-entity-type="file" data-entity-uuid="b7097f57-ad14-445d-8841-26fdff92d5bf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-04%20at%209.54.54%E2%80%AFAM.png?VersionId=MCrx6w01dAUCsSEv.8Hf3uSd5LRt93o3" />

When Pacific One launched, Central Equity Executive Director, Karl Kutner, said the market had been starved of the type of dwelling mix being offered in the development.

"There's not many projects at the moment in this location that offer one, two, three and four-bedroom apartments," Kutner said.

It is nearly two decades since Central Equity acquired their first block on Frederick Street. They had planned a more boutique building before acquiring several neighbouring properties to create a 19-lot compound.

The new tower will be Central Equity's first outside of Melbourne.

Central Equity has returned to the drawing board with architecture firm Marchese Partners, submitting a revised proposal for a 52-level tower with 347 apartments

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In this eBook, you will read answers to the key questions residential property investors should be asking themselves, including:

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How is your residential property portfolio performing?