Name: Everything a buyer needs to know about Development Victoria's LUMA, Sunshine North townhouse development
Uploaded: 2024-07-12T11:05:38+00:00
Description: With everything going on at LUMA, we sat down with Development Victoria's Development Director, Tyson Burkett, to talk about the development

Above Zero and joint venture partner Wilbow Group are set to launch Glyndon, 13 architecturally designed homes in Camberwell.

Designed by&nbsp;Cera Stribley with interiors by Lauren Tarrant, <a href="https://www.urban.com.au/new-townhouses/glyndon-64-66-glyndon-road-camberwell">Glyndon</a> has been over three years in the making.&nbsp;Rooted in the area’s rich architectural heritage,&nbsp;Glyndon reinterprets Federation-era elegance through a contemporary lens.

Classic European influences merge with modern principles to create timeless yet low-maintenance homes that prioritise both form and function.

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<img alt="Glyndon, Camberwell by Above Zero" data-entity-type="file" data-entity-uuid="d54b95da-9e37-4e0c-baed-fe46b830d3ac" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/479182476_18302552782228011_4150542386063696785_n.jpg?VersionId=ZfJzUwIpLPZilu2JsxtJrzoM3ovM2kND" />

Nestled on a quiet and prestigious tree-lined street, Glyndon enjoys a sought-after position within walking proximity to Fordham Village, with boutique shopping, dining, and leafy parklands just a short walk away. Families and downsizers are likely to show the most interest given how close some of Melbourne’s leading private and public schools are.

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Glyndon marks Lauren Tarrant’s debut in multi-residential design. The interiors were inspired by classic Parisian residences and will feature intricate stonework, bespoke flooring patterns, and an elevated material palette.

AJ Batra, Managing Director of Above Zero, says Glyndon is designed for living, and a sequal to their&nbsp;Rondure House project.

"We’ve drawn on Camberwell’s architectural heritage to create homes that seamlessly blend modern elegance with timeless Federation-era influences, all elevated by interiors inspired by classic French design," Batra says.

"These residences redefine multi-residential living, delivering a level of detail and materiality that hasn’t been seen before in this space. Glyndon is a home for those who appreciate design, craftsmanship, and enduring quality.”&nbsp;

Each home offers a private, flexible retreat in the secure basement. The&nbsp;customisable area allows residents to create a private health and wellness sanctuary, complete with a sauna and plunge bath, or a multi-dimensional family retreat with a wine bar and cinema.

<img alt="Glyndon" data-entity-type="file" data-entity-uuid="8f48c351-27f8-4918-9e53-993673ddea4d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-03-18%20at%202.53.02%E2%80%AFPM.png?VersionId=T6KVqv8.2l.DxNVTXlXuQgd1FrhE9sVK" />

Designed with longevity and sustainability in mind, Glyndon maximises natural light and achieves a 7.5-star energy rating for an effortlessly efficient home.&nbsp;

“Designed for living, built for life—Glyndon encapsulates our commitment to crafting homes that are not only architecturally striking but also enduring and secure," Batra added.

"These are residences designed to evolve with our residents, offering a foundation for a beautifully considered lifestyle."

Priced from $2.4 million, Glyndon officially launches in May 2025. Construction is set to begin in Q3 2025.&nbsp;

Jellis Craig Projects Director Stephen Bowtell is selling Glyndon.

[smartcode_project_cta:default project_id=146719]

Joel Robinson

Above Zero to launch Glyndon in Camberwell

Well into construction of the first two stages of its net-zero masterplan, property developer Sunkin has revealed the most premium apartments in their <a href="https://www.urban.com.au/new-apartments/highett-common-37-graham-road-highett-vic-3190">Highett Common</a> community.

They've started selling the Luxury Collection, just 12 residences which are a step up in quality and design from what has been offered in the new precinct before. Think Gaggenau appliances, natural stone benchtops and significant outdoor spaces.

[smartcode_project:default project_id=108019 project_image_fid=300054]

Each residence in the Luxury Collection includes three bedrooms and a variety of layouts. The collection is designed to cater to different preferences, from penthouse-style apartments with wraparound terraces and Bayside views to townhouse-style homes with direct access to landscaped grounds and kids' playgrounds.

Sunkin is offering a range of incentives for those purchasing in the Luxury Collection, including an impressive $12,000 voucher for furniture from interior design experts Coco Republic, as well as a free styling consultation.

Coco Republic has infused the design with a Hamptons-inspired aesthetic, characterized by a neutral color palette, natural stone, and herringbone timber flooring throughout the living spaces.

The marble kitchens, featuring integrated Gaggenau appliances, are anchored by a waterfall island wrapped in natural stone, under feature pendant lighting.

[smartcode_project:default project_id=108019 project_image_fid=331189]

Each residence in the Luxury Collection is also equipped with an ABB Home Automation package integrated with the Highett Common Connect app for seamless control over lighting, climate, and music.

Prospective buyers can secure one of the best apartments in Highett Common with just a five per cent deposit. Apartments start from $1.25 million, meaning a deposit of $62,500 is required upon unconditional sale, with the apartments set for completion later this year.

The Luxury Collection is part of the first stage of Highett Common, set to be Victoria’s first medium-density, net-zero targeted community. Located on a 9.3-hectare site in the heart of Highett, the development is ideally positioned to benefit from the vibrant bar and restaurant scene on Highett Road. Future residents will also be close to Sandringham Beach, Highett Shopping Centre, and Highett Train Station. Three hectares of the large site will be kept as a conservation area, and another one hectare will be dedicated to parkland.

[smartcode_project:default project_id=108019 project_image_fid=331186]

SK Construction recently topped out the first two buildings late last year. They are now starting to work through the fitout of the apartments, meaning those interested in securing a Luxury Collection apartment can see the apartment as an empty shell.

Buyers in the first stage are expected to move into their apartments around November. The surrounding park and playground will also be finished as part of the first stage, as will the new Bayside Community Facility which will home a two-level public library, study areas, rooms for community classes and meetings, and an adjacent café.&nbsp;

Further amenity, like the indoor lap pool, wellness centre with a gym, and a bookable private dining room, will complete as part of the next stage next year.

[smartcode_project_cta:default project_id=108019]

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Sunkin takes luxury to new heights at Highett Common

Kensington and Kingsford, two of Sydney's most connected inner-east suburbs, are about to become even more accessible with Randwick City Council's K2K Plan.

The K2K Plan aims to revitalize the <a href="https://www.urban.com.au/developments/kensington-nsw-2033">Kensington</a> and Kingsford Town Centres, while also enhancing bus services, creating new cycleways, and improving pedestrian infrastructure along Anzac Parade.

The plan will also introduce new public parks and upgraded retail and hospitality venues, boosting local economic activity and making these two suburbs even more desirable places to live.

Several developments are currently underway in the corridor, with Scape and Unilodge bringing student accommodation to the area bordering UNSW.

Renowned builder-developer <a href="https://www.urban.com.au/developers/toga-group">TOGA</a> is one of the few developers offering new apartments for sale. Their under-construction building, The Kensington, located opposite the Kensington Light Rail stop, will feature 142 apartments above seven new retail and hospitality spaces, just two stops from Moore Park and four stops from Central Station.

TOGA has built a strong reputation for creating well-connected communities with doorstep amenities. They recently completed Wicks Place in Marrickville, which includes four specialty shops, while their Surry Hills Village development is integrated with the thriving hospitality precinct of Wunderlich Lane and Sydney's first Eve Hotel.

[smartcode_project:default project_id=110959 project_image_fid=307652]

TOGA chose to develop in Kensington for the same reasons they chose Surry Hills and Marrickville: excellent public transport connections, doorstep amenity, and a wealth of employment opportunities, particularly in the growing health precinct in neighboring Randwick. This combination of factors, as well as significant higher education institutions nearby,&nbsp;has made <a href="https://www.urban.com.au/new-apartments/the-kensington-147-151-anzac-parade-kensington">The Kensington</a> highly appealing to a diverse range of residents including students, professionals, and young families. Investors, who are rarely seen in today’s new apartment market, have also shown interest, expecting strong rental demand.

With the current low supply of new apartment developments across Sydney, particularly in Kensington, there is a unique opportunity to secure long-term growth in a suburb that is set to continue growing in demand.

Rate changes have already sparked renewed demand in the new apartment sector, with increased confidence that further rate cuts will occur in 2025 and 2026.

The Kensington, being built by 4.5 iCIRT-rated builder DASCO, is scheduled for completion in early 2026, when the official cash rate is expected to be closer to 3.5 per cent rather than above four per cent.

[smartcode_project_cta:default project_id=110959]

The K2K Plan to transform Kensington and Anzac Parade corridor

Builder-developer giant Bathla, one of the largest construction and development companies in Western Sydney, has launched its under-construction townhouses development, <a href="https://www.urban.com.au/new-townhouses/hillview-terrace-north-kellyville-3-23-hillview-road-north-kellyville-nsw-2155">Hillview Terrace</a>&nbsp;in <a href="https://www.urban.com.au/developments/north-kellyville-nsw-2155">North Kellyville</a>.

Bathla has already kicked off the build of the 110 two, three and four-bedroom townhouses which sit in a quiet pocket of the suburb between Smalls and Cattai Creek.

[smartcode_project:default project_id=149513 project_image_fid=336639]

Bathla has nearly 30 years experience delivering homes across Western Sydney, having completed over 22,000 apartments across 58 suburbs since being founded in 1997.&nbsp;

"Hillview Terrace is a prime example of our dedication to improved excellence in residential development," said Robert Loader, Bathla CEO.

"As both the developer and builder, we ensure every stage of the process meets our high standards, from design to construction and final delivery. Buyers can have complete confidence in the quality of this project."

Hillview Terrace residences have been designed to suit both owner-occupiers and investors, with a range of floorplans and configurations not often seen in the townhouse market.

[smartcode_project:default project_id=149513 project_image_fid=336637]

Colliers has been engaged to lead the sales and marketing campaign.

"Colliers is proud to bring Hillview Terrace to market, showcasing Bathla’s ongoing commitment to delivering homes that enhance both individual lifestyles and community growth," said Luke Hayes, Colliers Project Marketing Director.

Display homes are now available to inspect.

[smartcode_project_cta:default project_id=149513]

Bathla launches Hillview Terrace, North Kellyville townhouse development

The <a href="https://www.urban.com.au/developments/gold-coast-qld">Gold Coast</a> has long been one of Australia’s most popular holiday destinations. It had sun, sand, surf, and Surfers Paradise, the epicentre of the action. It was lined with skyscrapers that rivalled anywhere in the southern hemisphere for height. Even today, there’s nowhere in Australia, and arguably the world, with towers of that scale so close to the sand.

Apartments were made for investors and holidaymakers who would snap them up every weekend all year round. It was an arrangement that suited everyone. But with that arrangement came a moniker. The Gold Coast became a ‘boom-bust market’. For the growth the market would see, there were equal busts.

Caitlin Rosenboom, Head of Projects for Ray White on the Gold Coast, says the Gold Coast property markets were heavily influenced by external factors it essentially couldn’t control.

“Because the Gold Coast was traditionally always a holiday destination, the type of apartment built was for that,” Rosenboom says. “But when the economy wobbled, like it has at certain points over the last few decades—such as during the GFC—the Gold Coast market was impacted more than anywhere else. The first thing to go in an economic downturn is the secondary residence, and proportionally, the Gold Coast was well skewed toward those properties.”

Rosenboom said it then became a fight to the bottom. “Once one person, whose hand was forced to sell, sold, then it reset prices in a negative way. Then there would be floods of listings and little demand, which put incredible downward pressure on pricing.”

Indeed, during the GFC, data from Ray White showed house prices across the Gold Coast region declined by around nine per cent across 2010 and 2011 combined, just a little more than the eight per cent for units. But looking more granularly, the picture was a bit different.

Since then, however, the Gold Coast has truly rid itself of its so-called boom-bust reputation. 
From the start of 2012 to the end of 2020, house values rose by over 56 per cent, showing growth in every calendar year apart from 2018, when prices contracted by just one per cent. It was the same story for units over the same period, albeit with slightly more modest 30 per cent growth, and also with a minor one per cent dip in 2012, which houses didn’t experience.

“The Gold Coast has really matured as a region over the last decade,” Rosenboom said on the property market growth.

“It became more and more attractive as a place not only to holiday but to live. Better, larger apartments were being built, alongside an increased level of infrastructure upgrades and investment.”

The Gold Coast was certainly a region on the up and up. However, uncertainty reigned once again in 2020 as the COVID-19 pandemic shut down the country, locking both international and state borders.

The fear of another economic downturn, much like the GFC, could have put the Gold Coast in a problematic position, with a lack of tourism driving the economy. In the end, it was the opposite.

The way the Queensland Government handled the pandemic was broadcast around the country. Gold Coast locals were still on the waves, enjoying coffee on the beach, and living life, while Melburnians weren’t allowed out of their houses, and Sydneysiders weren’t much better off. 
The race was on for those southern capital city dwellers to rush to the Gold Coast.

“The pandemic changed everything,” Rosenboom said. “A lot of people who lived in Sydney and Melbourne made the move for what they considered almost to be a secondment to another part of Australia. The vast majority hadn’t been to the Gold Coast before, or not since they were kids coming on holiday. When they realised how far the Gold Coast had come, no longer just a big holiday resort, most never left.”

Over the 12 months from June 2022 to June 2023, the Gold Coast gained nearly 20,000 people, accounting for 13 per cent of the migration to the whole of Queensland. The property market became one of the best-performing in the country as the demand v supply equation was heavily skewed toward the demand side. New apartment developments that came to market over 2021 and 2022 would spend less than a few weeks online before being sold out. Prices were both unrealistic and realistic at the same time.

Then came another potential bump in the road. The borders reopened, and employees had to show their face in the office, albeit just a few days a week. Would this be the start of the decline the Gold Coast property market hadn’t felt in a decade? In short, no. No, it wasn’t.

Much to the surprise of most in the property industry, growth continued. Another stellar growth cycle in 2023 and 2024 saw house prices rise by 57 per cent in the four years to December 2024, the same growth they saw in double the time up to 2024. Units boomed by 57 per cent too over the four years to the end of 2024, almost double the 30 per cent in the eight years prior.

“The Gold Coast is no longer a holiday destination but a lifestyle destination,” Rosenboom said. 
“The pandemic shone a light on everything locals already loved about the Gold Coast. We have gone from being dominated by holiday lets to an owner-occupier-driven market due to the increased infrastructure, medical facilities, industry, and employment opportunities.”

Rosenboom has seen a mix of buyers at ARC Residences, the luxury tower on Garfield Terrace, considered the best street in Surfers Paradise, given it’s the only one that faces the beach.

[smartcode_project:default project_id=111652 project_image_fid=257250]

A few Sydneysiders, locals from the northern Gold Coast suburbs like Hope Island and Helensvale, as well as a couple of overseas buyers, have all staked their claim in the building of just 37 half- and full-floor apartments with an oceanfront pool, gym with yoga room and infrared sauna, and a cinema, along with a suite of other amenities that are more common in a luxury hotel.

Rosenboom believes there’s no reason why the Gold Coast market should take a step back at all. “We’re now in an interest rate environment where they are only going down and not up, which tends to fuel further increases in price.”

All of the pent-up demand is even without taking into account the 2032 Brisbane Summer Olympics, and the G:LINK light rail extends all the way down to the airport and Coolangatta, essentially connecting the whole of the Gold Coast. If the response to the light rail is anything like Sydney’s, then values are in for one hell of a ride.

[smartcode_project:default project_id=111652 project_image_fid=257251]

Ray White Senior Economist Nerida Conisbee echoed Rosenboom’s sentiment, suggesting the economic stability the Gold Coast now has, with the shortness in supply, scarcity of land, and in particular, the rapid expansion of its population. 
 
“The influx of nearly 20,000 new residents in a single year is a testament to the Gold Coast's appeal, offering a combination of lifestyle, employment opportunities, and relative affordability compared to other major Australian cities,” Conisbee says, adding, however, that this huge increase in population is putting pressure on the housing market.

“Despite the positive outlook, the Gold Coast faces significant challenges in accommodating its projected growth. The shortage of land means that the city will need to embrace higher-density development to house its expanding population.”

“A lifestyle destination rather than a holiday destination” Why the Gold Coast is now more boom than bust

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With everything going on at LUMA, we sat down with Development Victoria's Development Director, Tyson Burkett, to talk about the development

Sunshine North, VIC 3020 is the perfect example of suburban new apartment living that offers all of the amenities and dining options you need without having to head into the busier areas. View the 20 off-the-plan apartment developments available there now on Urban.com.au and enjoy all of the convenience of Sunshine.

Everything a buyer needs to know about Development Victoria's LUMA, Sunshine North townhouse development

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