There has been a 100% increase in occupied apartments over the last 25 years with the latest census revealing that one in ten Australians are now choosing apartment living.

Property experts say this growing trend is driven by many factors including the desire for low-maintenance living and the growing appeal of luxury building design and amenities that apartment developments offer.

In response to this trend, Riverfront Residences on the Nerang River at Carrara on Queensland’s Gold Coast has been specifically designed for the owner-occupier.

The open-plan layout offers generous internal and external space with the look and feel of a spacious home making them some of the largest apartments currently for sale on the Gold Coast, according to QY Developments Managing Director Michael Guo.

The lifestyle development, on nearly two acres of prime riverfront land, features 106 architecturally-designed apartments across two buildings and six floors and has been designed to maximise the views across the water to the RACV Royal Pines golf course, Gold Coast Regional Botanic Gardens and the city skyline. Located close to public transport and a short walk from Metricon Stadium and the Gold Coast Sports and Leisure Centre, Riverfront Residences is only a seven-minute drive to the M1 motorway.

Resident amenities include a luxury infinity edge riverside swimming pool, timber boardwalk on the river’s edge, yoga lawn and outdoor gym, an outdoor kitchen and barbeque area, a jetty, and generous storage for light watercraft available for purchase.

Apart from the appeal of their facilities, location, lifestyle and affordability, population growth is one of the major drivers of apartment living according to Riverfront Residences Marketing Manager and TOTAL Property Group Managing Director, Adrian Parsons. He adds that with the Gold Coast population growing by around 12,500 new residents each year, the demand is only going to increase.

Two- and three-bedroom apartments are available from $489,000.