Sydney’s eastern suburbs are welcoming a new luxury residential development as construction begins on One Darling Point, a collection of 41 three- and four-bedroom residences in the heart of the eastern suburbs.
Located on Darling Point Road, near Darling Point and Edgecliff, the project is being developed by Lendlease in partnership with Mitsubishi Estate Asia. With its modern design, spacious homes, and harbour views, the development is set to bring a new residential option to this sought-after area.
A Design Inspired by Sydney Harbour
One Darling Point is designed by Australian architecture studio Tzannes, with inspiration drawn from Sydney Harbour and the surrounding neighbourhood.
The building features curved shapes inspired by the harbour’s shoreline, while its brickwork reflects the traditional character of the eastern suburbs.
The design aims to blend modern architecture with the area’s natural beauty and history.
Spacious Homes with Modern Interiors
The development will feature 41 residences with three- and four-bedroom layouts.
The interiors are designed by Alexander &CO., with a focus on natural light, privacy, and comfortable living spaces.
Key features include:
- Spacious living areas and generous room layouts
- Natural stone and timber finishes
- Designs that make the most of natural light and views
- Three- and four-bedroom floor plans
These homes are designed for buyers looking for spacious apartment living without the maintenance of a traditional house.
New Retail and Community Spaces
One Darling Point will also introduce new retail and hospitality spaces to the area.
The project includes the restoration of the heritage-listed Commonwealth Bank building, helping preserve an important part of the neighbourhood’s history.
A landscaped pedestrian walkway will connect New South Head Road and Darling Point Road, making it easier for people to move through the area.
These additions aim to improve convenience for residents while supporting the local community.
Edgecliff’s Property Market
Edgecliff continues to attract attention from buyers looking for homes in Sydney’s eastern suburbs.
According to PropTrack’s August 2026 Home Price Index, median unit prices in Edgecliff increased by 11.8% over the previous year, while Sydney’s overall median unit values declined by 1.2% during the same period.
The development also reflects demand for larger apartments, with three- and four-bedroom homes attracting interest from buyers seeking more space in well-connected locations.
What This Means for Sydney’s Eastern Suburbs
The One Darling Point development highlights the continued demand for modern, spacious homes in Sydney’s eastern suburbs.
With its mix of residential, retail, and community spaces, the project is expected to add to the area’s lifestyle options while preserving elements of its local history.
Construction has now begun, with completion expected in late 2028.
As Sydney continues to grow, developments like One Darling Point show how new housing can combine modern living with the character of established neighbourhoods.