5 Luxury Coastal Developments To Know

A new wave of premium residential properties along Australia’s east coast are set to hit the market this season, catering to wealthy and discerning investors as well as owner-occupiers seeking the ultimate in lifestyle and comfort.

We’ve highlighted five of the best projects coming to market in Melbourne, Sydney, Brisbane and on the Sunshine and Gold Coast in South East Queensland.

Whether they occupy a coastal, bayside or urban location, each project has exceptional city and water views as standard and are located close to recreational amenities, dining, shopping and transport facilities.

Architecturally striking, they represent the best of Australian contemporary architecture, thoughtfully designed and responsive to a specific setting, climate and topography.

Lavishly appointed with increasingly bespoke finishes and fixtures, the inclusion of exclusive amenities are akin to those offered in world-class private clubs and among the best creature comforts money can buy.

All projects featured are new to the market or were recently released and all have stock currently available for purchase.

Nature by Cube, 49 The Esplanade, Cotton Tree, Sunshine Coast, Queensland

_{Rendering: Cube Developments}

Melbourne and Sydney seachangers have been descending on the Sunshine Coast in droves in the past 12 months. Attracted to the sub-tropical lifestyle of the region, 90 kilometres north of Queensland’s capital city Brisbane, developers such as Cube Developments are meeting the increase in demand for more luxurious residential property.

Nature by Cube is an eight-story Cottee Parker-designed project that will offer 13 state-of-the-art residences, all with water views and premium finishes.

Across 12 three-bedroom apartments and one four-bedroom penthouse, each residence has generous open-plan living, dining and kitchen spaces, a butler’s pantry, timber chevron flooring, limestone benchtops and top-of-the-range Gaggenau appliances.

Each bedroom has an en-suite bathroom while the primary bedrooms will have water and garden views while retaining privacy. The art-like sculptural facade will feature organic curves, glass-reinforced concrete, greenery inserts and draping landscaping as inspired by the shapes and tones of the coastal environment.

House-like in size and scale, apartments range from 250 square meters to 510 square meters for the penthouse, with little wasted space and premium fixtures and finishes throughout.

Nature by Cube apartments are available for sale, via an expression of interest campaign. Construction is scheduled to begin in the second half of 2021.

Number of Units: 13
Price Range: $2.638 million–$7 million
Developer/Architect: Cube Developments/Cottee Parker
Apartment Sizes: Three-bedroom apartments and a four-bedroom penthouse
Amenities: Resort-style amenities include a 25-meter lap pool, gym, steam room and spa, private dining room and wine room. Fine-dining restaurants, wine bars, chilled cafes and the beach are all within walking distance; while there’s hundreds of shops, entertainment options and transport links easily accessible within the new Maroochydore central business district. There are EV charging stations installed in all parking bays.

www.naturebycube.com.au

_{Rendering: Cube Developments}

The Ambrose, 19-23 McDougall St., Milton, Brisbane, Queensland

_{Rendering: Kokoda Property}

Located in a tightly held suburban area of Brisbane’s inner west, construction has begun on The Ambrose, a $150 million landmark residential tower. The 19-story tower, overlooking the Brisbane River, is 1.5 kilometres from the central business district, with arterial roads and cycle and ferry networks on its doorstep.

Queensland architectural practice Cottee Parker has designed a building that is sensitive to the surrounding landscape and responds to Brisbane’s sub-tropical climate. Maximizing views to the east while maintaining privacy, The Ambrose features 181 one-, two- and three-bedroom apartments and four-bedroom penthouses.

The sculptural facade’s organic fins and ascending greenery is inspired by the Brisbane River and city views, reflecting the city’s climate and outdoor lifestyle.

“The Ambrose is a reflection of the way we know people in Brisbane live, work and play, and conveys a strong architectural language rich in both form and function,” Cottee Parker director Sandra Browne said.

The apartments, which range in size from 62 square metres to 185 square meters for the penthouses, feature oak flooring, natural stone bench tops, marble bathrooms and Miele appliances.

The Ambrose is 300 meters from Milton Rail Station, a two-minutes walk to the Milton Ferry, while being only two kilometres from Brisbane’s arts and cultural precinct, including the Gallery of Modern Art, Queensland Performing Arts Centre, Brisbane Library and Brisbane Convention Center.

Construction has begun and is scheduled for completion in 2022 with 50% of the apartments still available for purchase.

Number of Units: 181
Price Range: From $590,000 to $2.095 million
Developers/Architect: Kokoda Property/Cottee Parker
Apartment Sizes: One-, two- and three-bedroom apartments and penthouses
Amenities: Residents will have exclusive access to substantial communal amenities including landscaped rooftop gardens, an 11-meter swimming pool, spa, sun lounges and barbecue area. Other amenities include a cinema room, lobby lounge, viewing deck, lawn covered terrace and gym.

theambrose.com.au

_{Rendering: Kokoda Property}

Awaken, 275 Boundary St., Coolangatta, Queensland

_{Rendering: S&S Project Developments}

Occupying an elevated headland above the Gold Coast’s iconic Duranbah and Snapper Rocks, Awaken has been designed to emulate this exclusive location while capturing 360 degrees of panoramic coastal views.

Awaken will occupy a site just inside the Queensland and New South Wales borders, overlooking two surf beaches, rock pools, a scenic lookout and walking paths. Unsurprisingly, the architectural brief for the ultra-premium project had to meet, and if possible, exceed the site’s extraordinary location. The result is a collection of only nine apartments—average price A$4.2 million each—that will likely appeal to affluent second-home owners and permanent residents.

“Awaken will be a game changer for the Gold Coast and South East Queensland,” KM Sales & Marketing director Jayde Pezet said.

World-renowned urban artist Lindy Lee has been engaged to create an 11-story art piece on the north-facing side of the building that will come to represent the iconoclastic status of the structure.

Buyers will have the opportunity to individually design their apartments to ensure each of the nine residences are wholly unique and bespoke.

Lavish and opulent fixtures and fittings will be offered to buyers who will have the choice of incorporating natural stones, steel and glass, custom cabinetry and leather accents alongside a full suite of home automation and security features.

Each apartment will have a private and extensive wraparound balcony, offering views south to Byron Bay and north to Stradbroke Island, while capturing afternoon seabreezes in every room.

Residents will be spoiled for choice with multiple white sand beaches in walking distance as well as the outdoor and leisure activities of the Tweed River.

Registrations of interest are being taken, with the project scheduled to launch to the market in early April.

Number of Units: 9
Price Range: Starting at $3.95 million
Developers/Architect: S&S Project Developments/Cottee Parker
Apartment Sizes: Three- and four-bedroom full floor apartments and one double-story penthouse
Amenities: Residents will have access to a swimming pool, luxurious steam room, outdoor landscaped barbecue area, additional secure storage and beach shower facilities. Level one will contain a destination fine dining restaurant and a café will occupy the ground level offering health food and coffee.

Website: awakenrainbowbay.com.au

The Landmark, 500 Pacific Highway, St Leonards, Sydney, New South Wales

_{Rendering: A+ Design Group}

A vertical village of more than 400 apartments, The Landmark’s visionary architecture, enviable central location and vast amenities make it one of the most anticipated projects in the market.

Uninterrupted vistas of Sydney’s iconic Harbour Bridge and city skyline are part of the 52-story building’s appeal, with every floor and balcony unique in shape, size and outlook.

Still to be released are six of the seven penthouses that will occupy floors 30 and above, promising some of Sydney’s most dramatic views.

Inside will be multiple living areas, floor-to-ceiling windows, three or four bedrooms, a home office, cinema room, internal lift and private garage. Master craftsmanship is on display in the custom Italian-designed kitchens which feature grey Pietra marble countertops, custom cabinetry and Gaggenau and Sub-Zero appliances.

A Sky Lounge will be an exclusive space for residents in three-bedroom apartments and penthouses situated on Level 30 and above, offering stunning, panoramic views and an additional space to entertain friends and guests.All residents can make use of an acoustically engineered music rehearsal room, an indoor playground for children and a library for reading and studying.

The Landmark’s final release of penthouses and three-bedroom skyhomes is expected this year. The building is under construction and will be completed in October 2021.

Number of Units: 429
Price Range: Studio apartments from $600,000-$750,000. One-bedrooms from $720-000- $980,000. Two-bedrooms from $1.25 million-$1.88 million. Three-bedrooms from $2.2 million-$4 million. Penthouses from $11 million-$18 million.
Developer/Architects: New Hope/A+ Design Group in association with Warren & Mahoney
Amenities: Residents will be granted exclusive access to Club 500, which includes the services of a full-time concierge, an indoor lap pool, a spa, a sauna, a private gym, a yoga room and a cinema. A virtual golf room combines luxurious lounges and modern technology, while a communal lounge with bar, dining room and fireplace is available for private events.

grandskypenthouse.com.au

_{Rendering: A+ Design Group}

Pavilion Green Sky Homes, 216 Bay Rd., Sandringham, Melbourne, Victoria

_{Rendering: Auyin}

The double-story sky homes atop the recently completed Pavilion Green are a sight to be seen due to size, outlook and quality of finishes.

It’s a new benchmark for this popular seaside suburb less than 20 kilometers from Melbourne’s central business district, where residents relish the active outdoor lifestyle of swimming, sailing, cycling and walking trails.

Pavilion Green’s contemporary design is a direct reflection of its premium coastal location. Waves of curved linear bands flow across the façade thanks to generous cantilevered balconies that are private and protected from the elements. The Sky Homes are Pavilion Green’s piece de resistance; huge homes that range from 235 square meters to 470 square meters, including outdoor terraces.

Each two-story residence comes with its own private elevator and central feature staircase and a complete home-integration system that includes Sonos speakers, electronic blinds and a smart TV in the main living area. Panoramic views of the city skyline and Port Phillip Bay, high ceilings, gas fireplaces and luxe kitchens featuring a Signorino marble island countertops, Miele appliances, double ovens and a butler’s pantry come as standard.

Sandringham is one of Melbourne’s most sought-after seaside villages, with easy access to upscale shopping in Brighton and Westfield Southland, residents have dining, retail, recreational facilities and transport at their doorstop.

Construction of Pavilion Green has been completed with the four sky homes to officially be released to the market in March.

Number of Units: 4
Price Range: $2.2 million to $2.99 million
Developer/Architect: Auyin/CBG
Apartment Sizes: Three-bedroom sky homes
Amenities: At ground level are boutique retail spaces, a private lobby and exclusive residents’ retreat. A large entertainment terrace flows out to the landscaped gardens of Pavilion Green, while central elevators and stairs provide accessibility to allocated basement parking, private lockable storage and bicycle bays.

Website: skyhomessandringham.com.au

_{Rendering: Auyin}

Melbourne is considered Australia’s most liveable city. In fact, Melbourne competes on the global stage, consistently ranking among Time Out’s top cities to live in the world and ranking fourth in 2025. Melbourne is a cultural mecca filled with arts, x, and the country’s best sporting events.

It’s the lifestyle factor that has seen Melbourne’s population grow by over 142,000 people over the 23/24 financial year, largely driven by overseas migration. With increased population comes increased demand for properties, particularly in the rental market.

Akin to Sydney’s Eastern Suburbs, Melbourne’s South Eastern suburbs, towards Bayside and the water, dominate the most expensive suburbs listed to rent across the Victorian capital.

In this article, we’ve examined the six most expensive suburbs to rent a house in Melbourne right now, according to property data analytics firm Cotality (formerly CoreLogic).

Brighton

Median purchase: $3.15m
Median rent: $1,353

Brighton is Melbourne’s most expensive suburb to rent a house, and it’s easy to see why. A blend of grand period homes and modern architectural builds line the wide, tree-filled streets. The suburb is synonymous with luxury, and rental properties—especially those close to the famed Brighton Beach and its iconic bathing boxes—are snapped up quickly. Vacancy rates sit at a tight 0.9 per cent.

The Neighbourhood

Brighton offers an enviable mix of a beachside lifestyle and convenient shopping and dining. With access to top schools like Brighton Grammar and Firbank, plus Church Street’s boutiques and the Royal Brighton Yacht Club, the Bayside suburb is the complete package for Melbourne’s high-end renters.

Malvern

Median purchase: $2.8m
Median rent: $1,313

Long known for its timeless Victorian and Edwardian homes, Malvern is a leafy inner suburb with prestige appeal. Many properties here are fully renovated period homes, featuring extensive gardens and original features that appeal to families and executives.

The Neighbourhood
Malvern boasts a refined atmosphere with a strong community feel. Glenferrie Road and High Street offer upscale cafes, boutiques, and grocers, while schools like De La Salle and St Joseph’s make the suburb particularly attractive to families.

Black Rock

Median purchase: $2.29m
Median rent: $1,253

Nestled along the Bayside coast, Black Rock has seen steady growth in both house prices and rents in recent years. Larger blocks and a quieter, more laid-back vibe than neighbouring suburbs make this a coveted spot for renters seeking both space and lifestyle.

The Neighbourhood
Black Rock is home to the picturesque Half Moon Bay and scenic cliffside walks. The suburb blends beachside charm with village convenience, offering local cafés, golf courses, and direct access to some of Melbourne’s best coastal trails.

Sandringham

Median purchase: $2.21m
Median rent: $1,199

Sandringham, next door to Black Rock, offers more of the same as its neighbouring suburb, at similar prices. Sandringham too ticks the box for laid-back waterside recreation, with the majority of homes in walking distance to the sand and charming village shops.

The Neighbourhood
This is a family-friendly suburb with a strong community vibe. Sandringham Village, with its mix of cafes, wine bars, and boutiques, sits just a short walk from the train station and beach. The area also offers excellent sporting facilities and parks. Sandringham Harbour is the local landmark, a popular destination for boating, fishing, and waterfront views from Sandringham Yacht Club.

Canterbury

Median purchase: $3.15m
Median rent: $1,179

Canterbury is the innermost Melbourne suburb on this list. It is considered one of Melbourne’s most prestigious suburbs, defined by grand family homes, generally over-the-top opulent new builds with French Provincial façades behind gated entries.

The Neighbourhood
Canterbury is anchored by the exclusive “Golden Mile” precinct and is surrounded by elite private schools such as Camberwell Grammar and Strathcona. Maling Road provides a quaint village feel, while the area’s lush green spaces complete the picture of prestige.

Hampton

Median purchase: $2.3m
Median rent: $1,171

It’s back to Bayside for the sixth and final suburb on the priciest rental areas in Melbourne. Hampton is not too dissimilar to Brighton, with a main High Street providing convenience and the beach rounding out the relaxed lifestyle found on the bay. The suburb has undergone significant gentrification, with many original homes replaced by contemporary builds.

The Neighbourhood
With a stretch of clean, family-friendly beach and the bustling Hampton Street shopping strip, Hampton has everything renters could want—from stylish cafes to gourmet grocers and boutique fitness studios. Its proximity to Brighton and Sandringham only adds to its appeal.

Melbourne’s Cheapest Suburb: Melton South

Median purchase: $460,000
Median rent: $430

On the opposite end of the spectrum, Melton South—roughly 40km west of the CBD—offers the most affordable rental market. With a median rent of under $450 a week, it’s less than a third of the weekly rent in Brighton. The suburb attracts families and first-home renters seeking value and larger land lots.

Melbourne’s Best Suburb: Toorak

Toorak is considered the Point Piper of Melbourne. Boasting even more billionaires than Sydney’s harbourside hotspot, Toorak is home to Melbourne’s most expensive houses, and reportedly Australia’s most expensive house sale if the 1860s Italianate mansion Coonac settles at over $130 million.

The suburb has some of the best educational institutions in Melbourne, as well as luxury homes on the Yarra, two train stations, and a central shopping precinct undergoing a full transformation with several mixed-use retail and residential developments. It is definitely the place to be.

Where is Melbourne’s most expensive suburb to rent a house?

As of May 2025, Brighton is Melbourne’s most expensive suburb to rent a house.

Where is Melbourne’s cheapest suburb to rent a unit?

As of May 2025, Melton South is Melbourne’s most expensive suburb to rent a house.

Where is Melbourne’s most expensive suburb to buy a house?

As of May 2025, Toorak is Melbourne’s most expensive suburb to buy a house.

Where is Melbourne’s most expensive suburb to buy a unit?

As of May 2025, Beaumaris is Melbourne’s most expensive suburb to buy a unit