The coastal hotspot embracing micro-communities

A top destination for Australian sea changers, this region is undergoing a shift in how it creates new homes. 

Known for its stunning beaches and laid-back lifestyle, the Gold Coast is attracting movers from near and far.  

The latest data from the Regional Movers Index confirms the Gold Coast as one of Australia’s top destinations for people leaving capital cities. The Queensland hotspot reportedly claimed 4.4% of net migration from capitals to regions during the 12 months leading up to March 2025.  

Buyers are finding lots to love in the brand new developments under construction to the area. And with so many new residents, the region’s urban planning is undergoing a clear shift, turning towards new mixed-use developments, which combine residential, commercial and recreational spaces in one small precinct to create housing as well as community and business hubs. 

While part of larger neighbourhoods, these new micro-communities provide amenity and connection right on residents’ doorsteps. 

These types of developments – centered around the idea of the “20-minute neighbourhood” in which most amenities are accessible within 20 minutes without a car – contribute to growing cities by optimising land use, encouraging community interaction, and promoting sustainable living. 

As such, they are particularly valuable in rapidly expanding areas such as the Gold Coast, where they help meet diverse lifestyle needs while maintaining the city’s appeal. 

With a number of new mixed use developments underway, these projects have locals and movers alike buzzing about the future of the area. 

Mermaid Beach 

Soon to be nestled in the heart of Mermaid Beach is The Alfred, Dankav’s latest development.  

This mixed-use project embodies coastal sophistication and is seamlessly integrated into a bustling precinct. The Alfred includes 80 meticulously designed residences equipped with amenities for a premium living experience.  

Dankav’s latest development The Alfred is set to offer 80 apartments. Picture: Dankav

Residents will be able to enjoy a lifestyle that merges comfort with style. From curated cafes right on their doorsteps to upscale dining and boutique shopping, every need is catered to within a vibrant community setting.  

It’s also located just metres from the new Mermaid Beach South light rail station, providing residents easy transport options.  

Broadbeach 

Aniko Group’s Landmark project in Broadbeach is set to redefine community living.  

Located next to Pacific Fair shopping centre, this $2.5 billion development is designed to create a “micro-community” that enhances the quality of life for its residents.

The first stage of The Landmark is expected to finish in 2027. Picture: Aniko Group

It will feature four towers with a mix of apartments, premium commercial space, fine dining, and a hotel. 

As a whole, the project will offer more than 1000 residential units, catering to the city’s housing needs.  

The first stage is expected to finish in 2027, with 240 apartments as part of the release.  

Kirra 

Kirra is renowned for scenic beauty, and upcoming developments aim to enrich its character.  

Kirra Point Precinct by KTQ Developments is a mixed-use project set to create a vibrant community. Offering luxury apartments with breathtaking views, the precinct also includes a retail laneway and new food outlets.  

Kirra Point Precinct features apartments, retail and dining outlets. Picture: KTQ Developments

For residents, this means a dynamic lifestyle with the convenience of having quality dining, shopping, and relaxation options right at their doorstep. 

Stage one introduced the Miles Residences, adding 116 oceanfront apartments and venues like the Kirra Beach Hotel.  

The next stages have plans for a boutique hotel and a curated retail precinct featuring a village square and wellness facilities.  

Are you interested in off-the-plan apartments? Check out our dedicated New Homes section.  

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This is how non-QM is critically helping achieve the American Dream

The non-QM space has long provided a valuable path for foreign nationals and global investors to purchase property in the United States. While these borrowers may follow a less traditional route, they play an essential role in the diversity and strength of the housing market. Even more importantly, non-QM serves international investors and domestic borrowers with unconventional portfolios.

In the case of foreign demand, these investors have a comparatively high net worth compared to American nationals and enjoy the safe haven that United States property investments offer. They are a less risky collateral base as these investors typically hold other assets in their portfolios.

But that isn’t what compelled me to write this opinion letter to the readers of HousingWire. Indeed, it bears highlighting that the Non-QM market is increasingly critical to helping specific segments of the population who do not fit the conventional “box” achieve the American Dream.

Non-QM lending allows borrowers with nontraditional income sources, such as self-employed individuals, freelancers, and gig workers, to qualify for mortgage financing. This is because traditional income verification requirements for government or government-sponsored loans, including those from Fannie, Freddie, or Ginnie Mae, may not be applicable.

Non-QM also accepts borrowers with past credit issues that have been remedied and borrowers with limited credit history (often recent immigrants), who conventional lenders tend to deny.

Even more exciting is that the secondary markets recognize that the collateral performance of Non-QM RMBS provides a solid and diverse investment for their portfolios. Indeed, in our recent deal, Standard & Poor’s (note: every major credit ratings agency has reviewed our deals (on at least one occasion) said in its presale that the pool generally consists of loans to high-credit-quality borrowers with considerable home equity, as evidenced by the pool’s weighted average original CLTV ratio of 68.91%. Additionally, third-party due diligence is conducted on 100% of the securitized loans, utilizing firms that have been reviewed and approved by S&P.

Fitch notes on a previous transaction that borrowers in this pool have relatively firm credit profiles, with a Fitch-determined 731 weighted average (WA) model FICO score (735, per the transaction documents), a Fitch-determined 43.5% debt-to-income (DTI) ratio (33.3% DTI, per the transaction documents) and an original combined loan-to-value (CLTV) ratio of 71.6% (71.7%, per the transaction documents) that translates to a Fitch-calculated sustainable LTV (sLTV) ratio of 78.0%.

Mortgage market expectations are projected to favor the non-QM model for the next two years and beyond. Just ten years ago, the Consumer Finance Protection Bureau issued regulations to create a safe and sustainable alternative home loan model, laying the groundwork for the non-QM success story. A decade later, non-QM loans are considered a “stable, crucial option” by mortgage industry analysts.

 March 2025 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group now expects mortgage rates to end 2025 and 2026 at approximately 6.3 percent and 6.2 percent, respectively, each a downward revision of three-tenths of a percent from their prior forecast.

The lower mortgage rate forecast offsets the softer economic outlook for home sales. Fannie Mae analysts revised their outlook for total home sales upward to 4.95 million in 2025, up slightly from 4.90 million in the prior forecast. Single-family mortgage originations are expected to total $1.94 trillion and $2.28 trillion in 2025 and 2026, respectively. These represent slight upward revisions with non-QM uniquely poised to take a greater market share.

Non-QM lending has emerged as a crucial component of the modern mortgage landscape, offering a flexible and inclusive pathway to homeownership for a diverse range of borrowers. As the U.S. economy continues to evolve and traditional lending standards prove inadequate for many individuals, non-QM loans have filled a critical gap, ensuring that the dream of homeownership remains attainable for a broader population segment.

The role of non-QM lending is expected to grow in the coming years. It will become an even more essential tool for shaping the future of U.S. housing finance and helping many people achieve the American Dream.

Victor Kuznetsov is the Co-Founder and Managing Director of Imperial Fund Asset Management.

This column does not necessarily reflect the opinion of HousingWire’s editorial department and its owners.

To contact the editor responsible for this piece: zeb@hwmedia.com.

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Nevada senator accelerates criticism of Republican federal lands proposal

As Republican lawmakers continue to press ahead with a proposal to sell wide swaths of federal land, one official in a state that would be impacted is ramping up her opposition to plans from both the Trump administration and her congressional colleagues.

Democratic Sen. Catherine Cortez Masto of Nevada on Wednesday lambasted Department of the Interior Secretary Doug Burgum during a hearing over the proposal. Later in the day, she blasted Sen. Mike Lee (R-Utah) for introducing a bill that would “use public land sales to pay for Senate Republicans’ billionaire tax cut bill,” she said.

As cabinet members made their way to Capitol Hill on Wednesday to talk with lawmakers about their congressional justifications for the president’s 2026 budget proposal, Burgum appeared before the Senate Energy and Natural Resources Committee. During the hearing, Cortez Masto discussed her support for the Southern Nevada Public Land Management Act (SNPLMA), passed in 1998.

Official Senate portrait of Sen. Catherine Cortez Masto (D-Nev.).
Sen. Catherine Cortez Masto

That bill “allows the Bureau of Land Management (BLM) to sell public land within a specific boundary around Las Vegas, Nevada,” with “the revenue derived from land sales [being] split between the State of Nevada General Education Fund (5%), the Southern Nevada Water Authority (10%), and a special account available to the Secretary of the Interior” according to the BLM.

Cortez Masto said that Burgum has discussed the benefits of such a model in the past, but accused him of actively trying to not put them into practice.

“In fact, on the House side — and I’m assuming they worked with the administration — their reconciliation package included federal land sales […] that weren’t even near areas where you could actually do affordable housing.”

She said that the land being looked at is “in the middle of the desert” and does not contain enough infrastructure to be attractive to homebuilders. She also asked Lee’s proposal.

“And now I’m hearing there is a proposal going to be put back into reconciliation [by Lee] to allow the federal government to sell up to 2 million acres of federal land. Is that correct?” she asked. Burgum confirmed that the proposal was under consideration.

According to Cortez Masto’s office, the language of Lee’s bill would direct the BLM and the U.S. Forest Service “to sell a certain percentage of federal lands in Nevada and other Western states for fair market value, while ignoring the [SNPLMA] and the Nevada tradition of sending federal land revenues back to the state to fund drought mitigation, public education, and conservation projects.”

“Sen. Lee’s bill would instead send the revenue from future lands sales in Nevada to the general Treasury,” she added.

Lee posted a video to announce the bill on Wednesday. He contended that politicians in Washington, D.C., were stalling progress with these lands and that the measure would allow for the development of more housing and businesses.

“We’re opening underused federal land to expand housing, support local development and get Washington, D.C., out of the way of communities that are just trying to grow,” he said in the video. “Washington has proven, time and again, it can’t manage this land. This bill puts it in better hands.”

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Partner Real Estate soars to new heights among mega teams

Partner Real Estate is on the rise — and making its presence felt.

The Los Angeles-based independent brokerage achieved its best-ever placement in the 2025 RealTrends rankings, coming in at No. 13 among mega teams by closed sales volume.

For Rudy Kusuma, CEO of the team, the distinction represents more than just a number.

“We leverage technology and have an app that allows us to generate multiple cash offers,” he said. “So when we go to listing appointments, we are able to generate 15 cash offers on [that] house. That one tool is very powerful.”

Rebrand contributes to success

Founded in 2011, Partner Real Estate has evolved significantly over the years. Originally operating under RE/MAX and later as Your Home Sold Guaranteed Realty, the company rebranded in 2024 to its current name.

That shift was more than cosmetic — it was strategic.

“The name ‘Partner Real Estate’ — it’s subtle, it’s versatile,” said Kusuma. “It fits the luxury market and the entry-level market. And more importantly, it allows our agents to co-brand easily. It supports them, instead of overshadowing them.”

The change helped usher in a record-setting year, fueled by a combination of backend systems and frontline innovation, he added.

Conversion is key

At the heart of Partner Real Estate’s model is a team structure that aims to free agents from the grind of lead generation, Kusuma said.

“We generate buyers and listing appointments for our agents,” he said. “The agents in my team — they just show up. They don’t need to look for customers. They don’t prospect. Their time is spent meeting with buyers and sellers.”

To support this high-efficiency model, the company invests heavily in daily training and coaching.

“We have our conversion sales coach, James MacDonald, and he’s a full timer,” Kusuma added. “So every day we focus on conversion. We focus on one thing; converting from appointments to closings. Every single day, we train.”

Tools that provide more than flash

Technology is also front and center in the company’s growth strategy. Kusuma emphasized that their tech stack isn’t just flashy — it’s functional.

“When we work with buyers, we need to show homes that are not readily available online,” he said. “When we work with sellers, we need to generate that 10 to 15 multiple cash offer within three minutes.”

He also stressed the importance of adopting a powerful customer relationship management system (CRM) — not just a “glorified spreadsheet.”

“When I say powerful CRM, I mean one that’s embedded with AI,” Kusuma said. “Most CRMs are just places to dump names. Ours tells the agents what to do, who to call, when to follow up. That’s how we don’t drop the ball.”

Aspirations for growth

Kusuma believes Partner Real Estate’s model could serve as a blueprint for other firms looking to scale.

“People ask me, ‘What should we focus on?’” he said. “It’s three things; generate appointments for your agents, train them daily on conversion, and give them tools that actually help them close deals.”

While Partner Real Estate remains focused on its local markets — where average home prices hover near $1 million — its model is drawing attention far beyond southern California.

“Our highest price point might be several million, and our lowest might be $200,000,” Kusuma said. “But our system works at any level. It’s scalable.”

As for what’s next, Kusuma is staying focused.

“We’re just getting started,” he said. “ We’re going to get where we want to be by continuing to serve our agents, our clients and our community.”

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EliseAI to integrate conversational AI into Zillow Rentals listings

EliseAI is finalizing a partnership with Zillow Rentals to embed its conversational artificial intelligence (AI) technology directly into multifamily rental listings on the Zillow platform.

The integration is expected to launch in the third quarter of 2025.

Branded as AI Assist, Powered by EliseAI, the new feature will incorporate the company’s LeasingAI technology, which offers renters immediate answers to their questions while streamlining the leasing process for property managers.

“We want to make it even easier for renters on Zillow to get the information they need right when they need it, something no other rental marketplace is doing today,” Michael Sherman, senior vice president of Zillow Rentals, said in a statement. “It’ll be a smarter, faster experience for renters and a more efficient way for property marketers to connect with serious leads.”

AI Assist will offer 24/7 support in more than 50 languages — allowing renters to receive real-time answers to property questions and encouraging them to book a tour before leaving the site. The tool is designed to improve engagement, reduce lead drop-off and increase occupancy rates.

The system will be capable of booking in-person, virtual or self-guided tours directly into a leasing team’s calendar, the companies said.

Once enabled, AI Assist will also send automatic reminders and follow-ups to reduce no-shows and improve lead conversion.

EliseAI’s automation features will capture each conversation, auto-generate guest cards and integrate into existing property management systems to continue the dialogue by email or text, or route inquiries to on-site teams when needed.

According to EliseAI, the integration is part of its broader effort to support property owners, operators and renters by offering more efficient, on-demand digital leasing experiences.

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Federal Reserve watchdog investigates efforts to dismantle CFPB

As Trump administration officials press ahead with their efforts to dismantle and defund the Consumer Financial Protection Bureau (CFPB), the Federal Reserve Office of the Inspector General (OIG) is reportedly opening an investigation into moves to fire the vast majority of CFPB and attempted cancellations of associated federal contracts.

According to reporting by CNBC, the watchdog reportedly informed lawmakers of the investigation in a letter on June 6. This came in response to an inquiry by Democratic Sens. Elizabeth Warren (Mass.) and Andy Kim (N.J.).

“We had already initiated work to review workforce reductions at the CFPB,” Fred Gibson, the Fed’s acting inspector general, wrote in the letter that was viewed by CNBC. “We are expanding that work to include the CFPB’s canceled contracts.”

The administration has moved to significantly scale back the operations and focus of the CFPB, including by dismissing a majority of its staff and even shuttering its offices in Washington, D.C. These moves were spearheaded by Russell Vought, the bureau’s current acting director and head of the White House Office of Management and Budget (OMB).

Moves by Vought and the U.S. DOGE Service — which have been part of the effort to scrutinize CFPB operations — prompted Warren and Kim to send the inquiry to the OIG in the first place. This is also in concert with a look at the activity being undertaken by the Government Accountability Office (GAO), an investigative arm of the legislative branch.

In a statement to CNBC, Kim said that losing the bureau would have an adverse impact on American consumers. 

“As Trump dismantles vital public services, an independent OIG investigation is essential to understand the damage done by this administration at the CFPB and ensure it can still fulfill its mandate to work on the people’s behalf and hold companies who try to cheat and scam them accountable,” Kim told the outlet.

Warren played an instrumental role in the establishment of the CFPB in the wake of the 2007-08 financial crisis. She advised the Obama administration on its implementation prior to entering politics herself.

But the second Trump administration has demonstrated its willingness to go after OIGs.

Within the first week of the president’s new term that started in January, he moved to purge 17 inspectors general from various departments. Spared from the purge, however, was U.S. Department of Justice (DOJ) IG Michael Horowitz, “who this month was named the incoming watchdog for the Fed and CFPB,” CNBC reported.

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How to automate 60% of workflow without sacrificing service

AI will never replace the power of real connection, indie broker Amy Stockberger writes. But it can clear the clutter, remove the repetition, and give you back the time and energy to focus on what actually builds legacy.

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Revealed: 20 suburbs where rents will keep rising

Rents are set to continue rising in at least 20 regions across the country over the next 12 months, with rental stock still a third below pre-pandemic levels and experts predicting a long road to recovery.

A new report provided exclusively to News Corp by property investment advisory, InvestorKit, reveals the markets under the most pressure based on vacancy rates, supply levels, rental yields, affordability, and long-term demand.

While rental growth has moderated compared to previous years, regions in Western Australia, South Australia and Queensland continue to lead the country.

A house in Unley, Adelaide, where rents are forecast to rise. Supplied by LJ Hooker.

InvestorKit has identified Unley in Adelaide as a standout suburb for future rental growth, with its median house price of $1.4m making renting significantly cheaper than buying, even with anticipated rate cuts.

RELATED: Tide finally turns for renters as market pressure eases

It also highlights Mundaring in Perth, which has seen rents surge 69 per cent over the past four years, combined with persistently low vacancy rates and limited new supply.

In Brisbane, Loganlea, The Gap, and Wynnum-Manly are tipped to see continued rental growth due to their relative affordability compared to house prices and a lack of new housing supply in these areas.

InvestorKit predicts rents will continue to rise in the suburb of Loganlea in 2025.

Rents in the Queensland suburb of Wynnum are predicted to continue rising.

MORE: Sold in 12 minutes: Fund manager’s $17.5m penthouse pay day

InvestorKit CEO Arjun Paliwal said despite interest rates falling, housing supply was still well below demand, which would keep upward pressure on rents in 2025 and beyond.

“Australia’s rental crisis has now entered its fourth year and while there has been some relief, for example, national ‘for rent’ listings and vacancy rates have improved slightly, both metrics remain significantly below their pre-Covid levels,” Mr Paliwal said.

“This is not a temporary issue. It is a chronic condition driven by long-standing structural problems: a sustained lack of private rental supply, limited diversity in rental options, insufficient social housing, and an ongoing shortfall in new housing supply that cannot be quickly resolved.”

NWK_REALESTATE_INVESTOR_ARJUN_15FEB25(2)

InvestorKit CEO Arjun Paliwal. Picture: John Gass.

The latest vacancy rate data from SQM Research reveals the national vacancy rate held steady at 1.2 per cent in May, down from 1.3 per cent in April.

Nationally, combined rents average $649 a week, ranging from a high of $854/week in Sydney, to $543/week in Hobart.

SQM Research managing director Louis Christopher said it was likely the nation would see “ongoing elevated rents for a long period of time”, until the tenancy demand/supply ratio was more balanced.

“That’s not likely to happen until such time as we experience a slow down in population rate and a meaningful increase in new dwelling completions,” Mr Christopher said.

REGIONS WHERE RENTS ARE SET TO CONTINUE TO RISE

1. Unley, Adelaide

2. Mundaring, Perth

3. Loganlea, Greater Brisbane

4. The Gap – Enoggera, Brisbane

5. Wynnum – Manly, Brisbane

6. Wyong, Greater Sydney

7. Hobsons Bay, Greater Melbourne

8. Hobart – North East, Greater Hobart

9. Bathurst, NSW

10. Dubbo, NSW

11. Inverell – Tenterfield, NSW

12. Tamworth – Gunnedah, NSW

13. Goulburn – Mulwaree, NSW

14. Albury – Wodonga, NSW/Victoria

15. Bendigo, Victoria,

16. Devonport, Tasmania

17. Rockhampton, QLD

18. Toowoomba, QLD

19. Geraldton, Western Australia

20. Albany, Western Australia

(Source: InvestorKit)

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Queensland’s top landscape projects revealed at leading awards ceremony

Queensland’s landscape architects celebrated the best new landscapes across the state in an awards show on Thursday night, where 6 projects won awards of excellence for their work across the field.

The Australian Institute of Landscape Architects (AILA) Queensland Awards had more than fifty projects nominated for awards at Blackbird Brisbane, in an event that covered accomplishments in fields such as parks, infrastructure and climate positive design.

Future South Bank Master Plan, by Urbis and South Bank Corporation. Urbis won three awards of excellence at Thursday night’s awards show for Queensland landscapes. Picture: Urbis

One of the night’s most successful companies was design firm Urbis, which won three awards of excellence and two landscape architecture awards.

Their work on the Northshore Brisbane Street renewal program received an award of excellence for the infrastructure category, and the company shared an award with South Bank Corporation for the Future South Bank Master Plan.

Glen Power, Director of Urbis, said the team was proud of their work over the past year, and appreciated the recognition within the field.

“It’s obviously an honour to be nominated amongst all the other incredible submissions,” he said. “It’s more of a celebration than it is a competition.”

18 landscape architecture awards were given out, to projects such as Red Note Courtyard Queensland Conservatorium at Griffith University, by TCL Taylor Cullity Lethlean. Picture: Christopher Wardle

Urbis also scored an award of excellence for the parks and open space category, with their work on the Archerfield Wetlands District Park.

Mr Power said his team was especially proud of creating spaces within the park both for community members and the redevelopment of the Oxley Creek corridor.

“We’re proud to create an environment for flora and fauna that’ll … continually keep giving back to the community,” he said.

Wallumburn at Lake Cooroibah, by Coco-Dash Landscape Architecture, was the only project to win an award in the gardens category. Picture: James Peeters

Meanwhile, the master plan for Washpool Creek Catchment by Tract received an award of excellence for landscape planning, along with an award for climate positive design, a regional achievement award and a ShadeSmart award.

Judges said the project’s plans for transforming the catchment over the next three decades represented a strong vision for the area, and credited their work in mapping out the technical stormwater engineering.

The University of Queensland Ampitheatre from Hassell was awarded for how it adapted to post-pandemic lifestyles in an education environment. Picture: Scott Burrows

Other awarded projects included the Archerfield Wetlands Land Management project from the Brisbane Sustainability Agency. The project was given an award of excellence for land management, while the University of Queensland Ampitheatre from Hassell took home one for the health and education landscape category.

The jury described Hassell’s work on the project as thoughtful response to post-pandemic attitudes, “reinviting students outdoors and reinvigorating campus life through a landscape that is culturally aware, ecologically attuned, and beautifully resolved.”

Overall, 18 landscape architecture awards were also given out on the night, along with several regional achievement awards, ShadeSmart awards and one award for climate positive design.

Finally, Caloundra Community and Creative Hub from Jacobs and Sunshine Coast Council won the people’s choice award that evening.

Several projects in Archerfield received awards at the event, including the Archerfield Wetlands Land Management by the Brisbane Sustainability Agency. Picture: Cathy Finch

AILA Queensland Jury Chair, David Hatherly, said judges saw “a strong commitment” across the board to designing with climate and community in mind, when creating public spaces across Queensland.

“Landscape architecture is playing a critical role in connecting policy, infrastructure and biodiversity with how people connect with and experience their everyday environments,” he said. “The profession’s leadership is helping guide our cities, towns and regions towards more inclusive, sustainable futures.”

Many of the night’s winners will now be heading to the National Landscape Architecture Awards, to be hosted in Hobart in October.

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What $4.5 million can get you in today’s luxury property market

Five ultra-luxury residences are being offered to homeowners looking for “the best view in St Lucia” – provided you have at least $4.5 million.

The luxury project ‘Vellora’ has had $22 million in funding, with each property on the highly elevated space offering 180 degree views over Brisbane.

With pre-construction underway, each home is planned at more than 300 sqm in size, with unique differences from home to home.

‘Vellora,’, a new residential development in St Lucia, will offer tall multistorey homes with a view over brisbane, for between $4.5 and $5 million.

Developer Grubir Sidhu took the project on as his first development, and worked with a tight-knit team to navigate the complexities of building on a sloped plot of land.

“When I looked at this site, I said, this deserves something grand, something really nice, something beautiful,” he said. “I learned very quickly to try and build a good team around you … I quickly surrounded myself with some people who could answer questions I had, and possible solutions.”

The developer recruited a team of experts for his ambitious first project, including architect Rafael Contreras.

The building was designed to have a striking image no matter the angle, whether from above or below.

Aimed at wealthy buyers from professionals to empty nesters, residences will range from $4.5 million to $5 million in price.

Each home will contain four levels, three bedrooms, two and a half bathrooms, a study, a three-car garage and even a private elevator.

Finally, each residence has a private rooftop retreat, bordered by a garden terrace to conceal the plunge pool sitting beneath the night sky.

Each residence has its own private rooftop, so residents can take a dip while admiring the view towards Brisbane.

The homes were designed by acclaimed architect Rafael Contreras, who set to make the home look like a living sculpture – “a rock formation forming organically from the land”.

“The power that architecture has is to connect with people,” Mr Contreras said, and added it inspired his team to create a ‘fifth facade’ that gives the residences a unique look from above.

“We wanted these homes to look just as striking from the air as they do from the street,” he said.

The homes are being built by Winacres Property Group, with construction set to be completed in the middle of 2026.

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