Marrickville has undergone a remarkable transformation, evolving from an industrial area into a vibrant and sought-after neighborhood.

The repurposing of old industrial buildings into breweries, cafes, restaurants, and creative spaces has turned it into one of Sydney's most exciting areas. However, despite rezoning efforts aimed at increasing apartment development, the expected boom in new housing has not yet materialized.

One developer that capitalized on this opportunity was TOGA, which, in 2019, partnered with major landowner Danias Timber to develop Wicks Place — a project consisting of 272 apartments integrated with retail spaces and a new laneway that connects directly to Wicks Park.

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In today’s market, delivering one-bedroom apartments has become a significant challenge. The cost of construction has escalated dramatically, particularly since the pandemic, making it increasingly difficult to replicate the value proposition that Wicks Place represents. As a result, the remaining apartments in the development are likely to be among the most affordable new apartments available in Marrickville.

Designed by Turner Studio with interiors by renowned designer Richards Stanisich, Wicks Place is a carefully curated space. The apartments feature floor-to-ceiling windows that maximize natural light, while offering views of the surrounding parks. Kitchens are equipped with integrated Fisher &amp; Paykel appliances and the natural stone island benches.

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Since TOGA began developing Wicks Place, Marrickville has undergone significant change. Key projects like the 2021 expansion of the Marrickville Metro shopping centre and the upcoming Sydney Metro Marrickville connection — set to open in 2026 — have only increased the area's desirability. The gentrification of the suburb has helped it earn a spot on TimeOut's list of the top 10 coolest neighborhoods in Australia, and even ranked 10th globally.

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In addition to these developments, late last year TOGA announced that Harris Farm would become an anchor tenant at Wicks Place. Paul Shaw, TOGA’s Executive General Manager of Development, emphasized how this addition will benefit both the residents and the broader Marrickville community.

“A home is about much more than just a place to live. It’s about creating an environment where people can enjoy access to their everyday needs,” Shaw explained. “We believe the addition of Harris Farm will be a welcome complement to the dynamic and thriving urban precinct we’re creating at Wicks Place.”

With just a few one and two-bedroom apartments remaining at Wicks Place, the opportunity to secure a new home in this high-demand area is fast diminishing. The value proposition that Wicks Place offers — combining affordability, convenience, and lifestyle — will be difficult to replicate as Marrickville’s transformation continues.

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Joel Robinson

Why the value proposition of Marrickville's Wick Place apartments will be hard to repeat

Over 52,000 sqm of open spaces have received approval in <a href="https://www.urban.com.au/developers/sekisui-house-australia">Sekisui House Australia</a> and Hankyu Hanshin Properties $5 billion urban renewal masterplanned community, Melrose Park in Sydney’s north west.

The trio of parks, Central Park (17,586 sqm, soon to be renamed), Wharf Road Gardens (19,960 sqm), and Western Parklands (15,102 sqm), will provide&nbsp;expansive green spaces for the growing community.

Central Park will be the heart of <a href="https://www.urban.com.au/developments/melrose-park-nsw-2114">Melrose Park</a>, offering a dynamic and inclusive space for residents and visitors to enjoy and connect with nature. This park is due for completion early 2026, ready for new residents moving into the recently released fifth stage,&nbsp;<a href="https://www.urban.com.au/new-apartments/dawn-melrose-park-82-84-wharf-road-melrose-park-nsw-2114">Dawn</a>.&nbsp;

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Alex Grujovski, Project Director of Apartment &amp; Mixed-Use Developments at Sekisui House Australia, says the parks will serve as a central gathering point, encouraging people of all ages to interact while also supporting biodiversity and sustainable urban growth.

"Central Park, Wharf Road Gardens and the Western Parklands, will create a connected and vibrant neighbourhood that prioritises sustainability, well-being and social interaction,"&nbsp;Grujovski says.

"The parks will not only provide essential green space but also enhance the liveability of the area by creating opportunities for residents to engage with nature."

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Tim Conybeare, Studio Director at <a href="https://www.urban.com.au/landscape-architect/aspect-studios">ASPECT Studios</a>, says Central Park is designed as a place where people can come together to explore, unwind, and enjoy a variety of landscapes.

"It will feature gardens, open lawns, shady promenades and a play space inspired by river mangroves, creating an immersive play experience for children,"&nbsp;Conybeare said.

“Central Park is structured into three key zones. The Upper Terrace features a scenic lookout and escarpment gardens inviting all ages to relax. The play space and lawns will be a central activity hub for families and recreation. The Plaza near the new Town Centre will support community events."

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Beyond Central Park, Wharf Road Gardens features a shared path connecting Hope Street and the broader Melrose Park area. With an emphasis on movement and passive recreation, the gardens will include boardwalks, native plantings and riparian habitats that enhance biodiversity.

Western Parklands will act as a buffer between residences and new developments, offering recreation opportunities. A shared path will connect the north and south parts of Melrose Park, linking to the Town Centre and Central Park. Fitness stations, nature play areas, and a detention basin at the southern end, doubles as a recreational area in this park.

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"While each park has distinct functions, they have been designed with a unified approach,"&nbsp;Conybeare added.

"A consistent palette of materials, urban furniture and landscape detailing ensures a strong identity across all three parks. Together, they will provide a range of activities while fostering a deep connection between residents and their environment."

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Sekisui House’s $5 billion Melrose Park project is transforming into a thriving new community, significantly enhancing the housing supply in north-west of Sydney with 5,500 homes, a commercial and retail town centre and extensive parklands. Over 1,000 residents now reside in the community.

Melrose Park’s prime location offers road, rail and water transport connections. It is just 30 minutes by car or a 30-minute train ride from Meadowbank Station to Sydney’s CBD. With the approval and State Government funding for Stage 2 of the Parramatta Light Rail, the community will enjoy even greater access to wider Sydney.

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Three new parks to bring more nature to Melrose Park

Developer Golden Sedayu has launched its own construction arm to deliver its landmark $3.8 billion masterplan, Burswood Point.

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Golden Sedayu Construction will soon commence works&nbsp;on the first stage of the new precinct development, which includes the construction of the first&nbsp;two apartment towers: Somerset East and Somerset West. The newly assembled construction team involves key personnel who have previously worked on landmark projects such as The Ritz Carlton and The Towers at Elizabeth Quay.

"This strategic move ensures greater control over project timelines, quality assurance, and seamless coordination," Golden Sedayu Managing Director, Andrew Sugiaputra, said.
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More than $200 million in site works have been completed already, including access roads, water works, sewer infrastructure, bulk earthworks, and a new bridge connecting Victoria Park Drive to the precinct.&nbsp;

Construction of the two towers, which will home 203 apartments, will begin in May. Completion is slated for Q4 2027.

60 per cent of the apartments in Somerset West have been snapped up. Somerset East will launch in the coming months.

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Situated on a 38-hectare site along the Swan River, <a href="https://www.urban.com.au/new-townhouses/burswood-point-saintly-entrance-burswood">Burswood Point</a> is set to become one of Western Australia’s most significant urban renewal projects.&nbsp;

The development will eventually bring 4,500 homes, hotels, retail and dining options, and extensive public open spaces to the area, with over 110,000 sqm of parklands and a 2.5-kilometre foreshore.

Designed by <a href="https://www.urban.com.au/architects/dko-architecture">DKO Architecture</a>, the Somerset towers will feature tiered balconies with greenery, enhancing their visual appeal and complementing the surrounding landscape.&nbsp;

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Residents will have access to a range of amenities, including a 20-metre infinity pool with views of the Swan River, a gym, wellness spaces, and a rooftop observation deck with BBQ facilities overlooking Optus Stadium and Matagarup Bridge.

Golden Sedayu, a partnership between Perth’s Golden Group and Indonesian property developer Agung Sedayu, has positioned Burswood Point as a future lifestyle and entertainment hub, just 3.5 kilometres from the Perth CBD.&nbsp;

The two towers are expected , with additional towers and precincts to be developed in subsequent stages.

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Golden Sedayu establishes Golden Sedayu Construction to deliver landmark Burswood Point masterplan

Parkside living and Parramatta don't often go hand in hand, making Deicorp's first apartment development in the heart of Parramatta CBD even more appealing to prospective buyers.

The transport-focused developer, known for creating well-connected communities, secured a prime site at the eastern end of Parramatta CBD on Hassall Street. It's conveniently located next to the Robin Thomas Light Rail stop and just a short walk to Parramatta Train Station.

Thanks to the prized corner block, with no buildings to the north or east, residents at <a href="https://www.urban.com.au/new-apartments/cosmopolitan-by-deicorp-parramatta-34-hassall-street-parramatta-nsw-2150">Cosmopolitan by Deicorp</a> will enjoy protected views over the adjacent Robin Thomas Reserve and James Ruse Reserve—views that are rare in the growing CBD.

The development's location also offers easy access to nature, being less than 200 metres from the Parramatta River and Queen's Wharf Park.

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The two 45-level towers, which will home just over 600 apartments when completed in late 2027, have been designed by Turner Studio to hero the park views as much as possible, as well as views over the river and the Parramatta skyline to the west.

<a href="https://www.urban.com.au/architects/turner-studio">Turner Studio</a> won the design competition to take the architectural reigns. Their unique design includes a raised podium that links the two towers. The three-level podium, collectively named ‘Gully Forest,’ will feature a landscaped sanctuary adorned with lush greenery, alongside smaller breakout and seating spaces, a distinctive outdoor kitchen, and garden pavilions.

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The ground floor podium is strategically designed to provide extensive retail and hospitality frontages for commercial tenants, activating the entire precinct.

On the second level of the podium, an open-air community space will be home to barbecue facilities and smaller group gathering areas.&nbsp;Above will feature flexible workplace tenancies, as well as spaces designated for a fitness centre and medical practice.

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Deicorp's in-house building arm has commenced construction of Cosmopolitan. There are one, two and three-bedroom apartments. The two-bedroom, two-bathroom units with a car space start from just over $900,000.

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The development's location offers easy access to nature, being less than 200 metres from the Parramatta River and Queen's Wharf Park

Parkside living in Parramatta: Cosmopolitan by Deicorp to offer parkside apartments in Sydney's second CBD

Sydney-based residential developer, <a href="https://www.urban.com.au/developers/top-spring-australia">Top Spring Australia</a>, has launched its latest project, Halcyon in Bondi, under its new name as it rebrands as Eterno Property Group (Eterno).

The new brand identity marks the finalisation of the company’s transition into a fully Australian-owned and operated entity, managing all its projects independently with local governance – a process that commenced in late 2022 – but had been postponed while the company focused on delivering its portfolio of luxury Sydney projects.&nbsp;

While Eterno will leverage the experience and profile it’s gained under the Top Spring Australia banner since 2017, Eterno – which means ‘eternal’ and ‘everlasting’ – will now continue the company’s mission to create luxury spaces that inspire, connect, and most importantly, endure, with Halcyon being the first under the Eterno banner.

Delivered in partnership with <a href="https://www.urban.com.au/developers/dcn-group">DCN Capital</a>, the approved Halcyon includes an exclusive collection of eight luxury residences designed by <a href="https://www.urban.com.au/architects/mhn-design-union">MHNDU</a>, with interiors by <a href="https://www.urban.com.au/interior-designers/richards-stanisich">Richards Stanisich</a>&nbsp;on a generous 1,635 sqm site at 1-7 Andrews Avenue and 26 Glen Street in Bondi.

Spanning four levels, the project comprises expansive three-bedroom apartments, some with an additional multi-function room. The two ground-floor residences will each boast a private pool and terraced rear garden, while the penthouse will offer 180-degree ocean views.&nbsp;

Each residence is designed to leverage natural cross-ventilation, abundant light, and a connection to the outdoors, with apartments either orientated north – with generous balconies framing views of <a href="https://www.urban.com.au/developments/bondi-nsw-2026">Bondi</a>&nbsp;or south towards Tamarama and Bronte.

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MHNDU Principal, Liam Hancock, said residents will feel a very real connection to nature.&nbsp;

“From the lush gardens enveloping it and beyond to the nearby coast, residents will feel a sense of escapism from the city, in a place of tranquil luxury that offers peaceful sanctuary and respite, away from the hustle and bustle of Bondi’s Campbell Parade,” Hancock said.

“Halcyon’s wider-than-standard apartments will connect to the outside with solar access and natural ventilation from the ocean breezes. The bones of everything are much more connected to nature, including the materiality, which emphasises its connection to the beach."

<img alt="Top Spring" data-entity-type="file" data-entity-uuid="124ffa20-99ca-42c7-bd0b-26e34144f389" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-03-19%20at%2011.28.43%E2%80%AFAM.png?VersionId=xBwlbbFdRiQbneATqkvPD9yizvhHYpO9" />

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Residents will benefit from premium communal amenities unmatched in the area, including a 17-metre lap pool, a separate plunge pool, and a wellness cabana featuring a sauna, ice bath, steam room and changing facilities.

Crowning the building is the whole-floor, 300 sqm penthouse with three bedrooms and extensive ocean views from its abundance of balconies that wrap around three of the building’s sides.

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Sydney Ma, Managing Director of Eterno, said the time was right to launch Halcyon under the Eterno name.

“As a company, we’ve operated in the Australian market for close to a decade, building a strong reputation for excellence in luxury residential real estate," Ma says.

"Our developments are synonymous with deeply considered design and construction excellence, having created hundreds of homes that exemplify these values,” Sydney explained.

“With our transition to Eterno, we’re excited to extend this legacy further, unveiling Halcyon as the next chapter in our design-led portfolio. This project embodies our vision of understated luxury, offering residents a rare sanctuary in the heart of Sydney's eastern suburbs.”

Sydney Ma, Managing Director of Eterno, said the time was right to launch Halcyon under the Eterno name.

New listings for combined capital cities up 1.3 percent: CoreLogic RP Data

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