A giant parkland two-thirds the size of New York’s iconic Central Park will be created on the Gold Coast. Greenheart will cover 220ha, stretching from Robina to Carrara, making it six times the size of the Southport Broadwater Parklands and rival Sydney’s Centennial Parklands. Plans developed by council staff in the past year and proposed…
RBA slashes cash rate to new low
The cash rate has hit a new record low, with the Reserve Bank easing monetary policy for the fourth time in less than a year amid a sharp dip in market sentiment. The Reserve Bank of Australia (RBA) has lowered the official cash rate by 25 bps from 0.75 per cent to 0.5 per cent…
Downsizers ‘rightsize’ at Maasra Apartments by seeking out large four bedroom apartments to upsize lifestyles
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…
Timber Towers Grow to New Heights: 7 Projects to Watch
News that ASX-listed software giant Atlassian has plans to build a $1 billion timber tower as part of the Sydney central station tech and innovation hub was revealed earlier this month. The hybrid cross-laminated timber tower joins a growing number of major multi-storey timber projects internationally. The lightweight timber structures use a hybrid construction method to push height boundaries with a…