Downsizers moving into the next phase of their lives are now seeking larger living spaces to retain the comforts of a family home, while still pursuing an apartment for low-maintenance, secure and convenient lifestyles. The shift towards upsizing rather than downsizing has been labelled as “rightsizing” by property agents in Australia and apartment purchasers are…
Omega Apartments Reduce Energy Costs
Omega Apartments at Bowen Hills boasts reduced energy costs and a reduced carbon footprint achieving an 8-star NatHERS rating. The developers of $77 million Omega Apartments have designed and built a smart building to lower residents’ energy costs and reduce the greenhouse gas impacts of their residential building to achieve an 8-star rating under the Nationwide…
Community and connectivity at Gallery House
“We don’t just want to construct apartment buildings; we want to create communities,” says Brookfield Residential Properties managing director Lee Butterworth, as new residents move into Gallery House in Brisbane. The luxury two stage development comprises 315 premium apartments and penthouses and occupies an absolute waterfront position with uninterrupted views of the Brisbane River and…
Rentvesting: the back door to home ownership, especially for first-home buyers
As housing affordability continues to blow out and first home buyers continue to struggle to break into the housing market, a key but often ignored property strategy is coming into its own. Despite resurgent optimism for first-home buyers coming into the new year courtesy of the Morrison Government’s Load Deposit Scheme, a sobering reminder for rookie…
Apartment Supply Shortage to Hit by 2022
Slumping numbers of new apartments under construction could force an undersupply by 2022, property advisory group Charter Keck Cramer has forecast. The demand-supply imbalance, according to Charter Keck Cramer’s quarterly state of the market, is largely due to population growth and anaemic construction activity. In Australia’s biggest cities prices have strongly rebounded, with Melbourne lifting by 1.2 per cent over January,…
Gallery House Apartments
Residents have begun moving into the second stage of Brookfield Residential Properties‘ luxury apartment project, Gallery House. The luxury two stage development comprises 315 premium apartments and penthouses and occupies an absolute waterfront position with uninterrupted views of the Brisbane River and city skyline. Paul Makepeace, who purchased a two-bedroom apartment from the Gallery House River…