Under Construction

Waterfront Newstead

Waterfront Newstead is Mirvac's A$1 billion residential community on the banks of the Brisbane River at Newstead, a former industrial reach of the city that the developer has been reshaping precinct by precinct into one of Brisbane's premier riverfront addresses.

Official Website
Verified Sep 27, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
1000
Units
31
Floors
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Details

Skyring Terrace, Brisbane. 31 floors and 1000 residences.

The story so far
Announced 2001Mirvac began developing its vision for the $1b Waterfront Newstead masterplan on the former industrial riverfront in 2001
mirvac.com
Broke ground Aug 24, 2021Mirvac turns the first sod on $450M of Waterfront Newstead building work, LIV Anura and Quay, 538 apartments
mirvac.com
Quay completed Sep 2025Mirvac delivered the 26-level, 135-apartment Quay tower ($204M) with more than 2,000 sq m of new public parkland, fully sold within seven months of launch; Isle, the next tower, expected to complete in FY27
mirvac.com
Topped out Jul 15, 2026Isle, the precinct's third tower, structurally topped out at Level 28 with rooftop pool and spas installed
waterfrontcommunity.mirvac.com
Isle glazing complete Jul 15, 2026residential glazing finished on the 28-level Isle tower and lower-level apartments moved into lock-off for defecting, with Skyring Terrace streetscape works started
waterfrontcommunity.mirvac.com
Expected opening date TBD
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
Supply pressure 55 · ElevatedBrisbane marketMarket →
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About the project

Waterfront Newstead is Mirvac's A$1 billion residential community on the banks of the Brisbane River at Newstead, a former industrial reach of the city that the developer has been reshaping precinct by precinct into one of Brisbane's premier riverfront addresses. The masterplan advances in named stages rather than a single delivery — Pier, Park and Unison landed first, followed by the Sky Precinct and its Quay and Isle towers, with the Shore Precinct approved to come. Mirvac Design's towers lean hard into subtropical building: Quay's 26 storeys carry more than 2,000 plants across a sculptural façade conceived as a "park within a park", and orientations are tuned to catch river breezes and northern light. Amenity across the community runs to rooftop sanctuaries with 25-metre infinity pools, hotel-inspired lobbies, private gardens attached to individual apartments, and ground-floor retail activating the riverwalk. More than 60 per cent of the final Sky Precinct stage is given over to open space, taking the subtropical parkland delivered across that precinct alone past 8,500 square metres and handing a long stretch of restored river frontage back to the public.

Developer & design
Developer
The Brisbane market 55 · Elevated supplyNewstead 7-project pipeline · 2,935 residences and keys · peak Late ’27 Explore the market →
Common questions

Frequently asked

Where is Waterfront Newstead located?

Waterfront Newstead is located in Brisbane.

When will Waterfront Newstead be completed?

Waterfront Newstead is under construction.

Who is developing Waterfront Newstead?

Mirvac is the developer behind Waterfront Newstead.

Who designed Waterfront Newstead?

Waterfront Newstead was designed by Mirvac Design.

How big is Waterfront Newstead?

Waterfront Newstead rises 31 stories with 1000 residences.