As a first home buyer or investor, have you been contemplating purchasing either a one or two bedroom? Should there be an office space? Are energy efficient appliances and smart tech worth it? Or if you&rsquo;re just curious to know what other first home buyers are getting for themselves, take a look at the budget range and configurations other buyers are searching for on Urban.&nbsp;

According to Urban data, up to 57% of first home buyers in Victoria, New South Wales and Queensland prefer 2-bedroom configurations. This configuration is ideal for buyers as it accommodates the market&rsquo;s largest segment: young families with one or two children. Another factor to take into consideration would be the location. Being located close to university would be a good fit for students or an area that encourages a certain lifestyle for downsizers as there would be less commute time and more access to transportation.&nbsp;

According to <a href="https://www.vu.edu.au/mitchell-institute/tertiary-education/international-students-make-up-more-than-30-of-population-in-some-australian-suburbs">Mitchell Institute</a> from Victoria University,&nbsp;

&ldquo;The centre of Melbourne had the largest number of international students in the country &ndash; at almost 20,000, or 38% of the resident population. The neighbouring suburb of Carlton has the next largest with 9,600 or 39% of the population.&rdquo;

Smaller high-spec homes can give owner occupiers and downsizers a lifestyle improvement and low-maintenance living, while larger high-spec homes have the investment potential to earn better rental yields.&nbsp;

Here are some statistics to get an idea of the budget range from first home buyers from Urban in Australia.&nbsp;

For two bedrooms located in Victoria:

<ul class="rteindent1">
	<li>36% keep their budget within $600k-$800k</li>
	<li>32% keep their budget within $400k-$600k</li>
	<li>26% keep their budget up to $400k</li>
	<li>4% keep their budget within $800k-$1M</li>
	<li>2% keep their budget within $1M-$1.5M</li>
</ul>

Here are some 2-bedroom properties within these budgets that we think offer excellent value for money in Victoria:

FORME (from $600k)&nbsp;

[smartcode_project:default project_id=100322 project_image_fid=163026]

<ul>
	<li>13km from CBD, walking distance from Westfield Doncaster</li>
	<li>Quality finishes</li>
	<li>Close proximity to sought-after schools and transport</li>
</ul>

Sky Garden (from 668k)&nbsp;

[smartcode_project:default project_id=2881 project_image_fid=168781]

<ul>
	<li>30 mins from CBD</li>
	<li>Unique amenities including gaming rooms (mah-jong and billiard), private cinema, gymnasiums with yoga studios, tai chi areas, steam room, heated lap pool and more</li>
	<li>Connected to the revamped and modern The Glen shopping centre located right below</li>
</ul>

<h2>Why is NSW more expensive?</h2>

Due to limited supply in the popular inner NSW suburbs, competition has driven house prices up.&nbsp;However, NSW is a desired place to live and invest in with&nbsp;its&nbsp;competitive market due to homes proving to retain value.

New South Wales:&nbsp;

<ul class="rteindent1">
	<li>54% keep their budget up to $400k</li>
	<li>23% keep their budget within $400k-$600k</li>
	<li>15% keep their budget within $600-$800k</li>
	<li>8% keep their budget within $800-$1M</li>
</ul>

Here are some 2-bedroom properties within these budgets that we think&nbsp; offer excellent value for money in New South Wales:

Kew Schofields Stage 1 - Rose Garden (from 495k); Stage 2- Georgette (from 535k)

[smartcode_project:default project_id=6025 project_image_fid=52592]

[smartcode_project:default project_id=32227 project_image_fid=93951]

<ul>
	<li>Has quality community living, perfect for young families</li>
	<li>Primary schools and Tafe college closeby</li>
	<li>Private access to a courtyard</li>
</ul>

Destination (from 874k)

[smartcode_project:default project_id=8669 project_image_fid=71740]

<ul>
	<li>Prime location in Macquarie and close to transport</li>
	<li>Has large house-like proportion layouts for an apartment that makes the rooms more spacious</li>
	<li>Elegant design and finishes</li>
</ul>

<h2>What does QLD have to offer?</h2>

Known for their beautiful beaches and coastal living, does this imagery of living in QLD fit your dream lifestyle? 
According to <a href="https://www.livingin-australia.com/australian-house-prices/">Living in Australia</a>, the average cost for a house in January 2019 in New South Wales would be $955,000 and $737,000 for Victoria. Compared to New South Wales and Victoria, Queensland&rsquo;s average price for a home is $530,000.

Queensland:

<ul class="rteindent1">
	<li>60% keep their budget within $400-$600k</li>
	<li>23% keep their budget up to $400k</li>
	<li>14% keep their budget within $600-$800k</li>
	<li>3% keep their budget within $800k-$1M</li>
</ul>

Here are some 2-bedroom properties within these budgets that we think offer excellent value for money in Queensland:

The Coterie (from $537k)

[smartcode_project:default project_id=6257 project_image_fid=141422]

<ul>
	<li>Only 1.5m away from the CBD with views of Brisbane&rsquo;s skyscraper</li>
	<li>Luxurious interior that is well-thought of with design elements from St Pauls</li>
	<li>Close to a lively neighbourhood&nbsp;</li>
</ul>

The Catalina (from 549k)

[smartcode_project:default project_id=6517 project_image_fid=71245]

<ul>
	<li>At a central location of Surfers Paradise</li>
	<li>Open floorplan that blends indoor-outdoor living with Gold Coast&rsquo;s skyline</li>
	<li>On top of the usual amenities, they have a hydrotherapy shower, treatment rooms, private cinema, and more to promote wellness</li>
</ul>

Familiarising yourself with the different market valuations in the areas you&rsquo;re looking to purchase a home in, will help you to identify whether you&rsquo;re getting a good deal for your property purchase. You can use platforms like Urban to compare prices within a particular location, taking into account amenities and home configuration. To view all listings on Urban, have a browse at <a href="/developments">our projects</a>.

briana

Urban data compares 2-bedroom configurations around Australia: Which property is right for you?

St. A, a new residential development by Cedar Woods, is setting a new standard for living in the heart of St Albans. St A was designed by DKO and includes 254 residences that are aimed at providing homeowners with an upgraded lifestyle complete with modern conveniences and timeless style. Each home has been meticulously designed to provide functional open plan living spaces, a large storage capacity, and a seamless indoor/outdoor flow.&nbsp;

[smartcode_project:default project_id=7633 project_image_fid=80010]

<h2>1. St A offers great access to Melbourne CBD, shopping centres and Sunshine Hospital</h2>

<figure><img alt="" class="image-article-full-width-580px" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/maxresdefault.jpeg?itok=yWlRmixO" width="580" />

<figcaption>St. Albans Railway, <a href="https://www.youtube.com/watch?v=zQtXAK_P__0">source</a></figcaption>
</figure>

Residents will have easy access to the CBD as the St Albans Train Station is situated within walking distance. To go to the city, residents can either travel on the Sunbury line by train or on buses 408, 419 or 903. The city is also only a 20-30 minute drive away on the freeway. St A is also less than 10 minutes drive to Brimbank shopping centre, Keilor Central, and many more shopping centres. It is also good to know that the new upgraded Sunshine Hospital is less than 10 minutes by car.&nbsp;

<h2>2. St A is close to a variety of education, perfect for families and students</h2>

<figure><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/stalb_students-with-principal-093.jpeg?itok=7U7hfWNH" width="580" />

<figcaption>St Albans Secondary College, <a href="https://stalbanssc.vic.edu.au/">source</a></figcaption>
</figure>

For families or students looking to move into the area, there are a number of schools to choose from close to St Albans.

Some of the top education centres include:&nbsp;

<ul>
	<li>St Albans Primary School</li>
	<li>Victoria University</li>
	<li>St Alban Heights Primary School</li>
	<li>Willis Street Kindergarten</li>
	<li>St Alban Meadows Primary School</li>
	<li>Sunshine Park Estate Kindergarten</li>
	<li>Catholic Regional College St Albans</li>
	<li>St Albans Secondary College</li>
</ul>

<h2>3. Join a multicultural suburb and try new things</h2>

<figure><img alt="" class="image-article-full-width-580px" height="313" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/467815_sld.jpeg?itok=CJZYwMiN" width="580" />

<figcaption>Vietnamese &amp; Chinese Restaurant: Phi Phi 2, <a href="https://www.quandoo.com.au/place/phi-phi-2-57230/photos">source</a></figcaption>
</figure>

St Albans is a very multicultural suburb, which means that there are a variety of restaurants, bars and cafes. For an array of Asian cuisine, visit St Albans&#39; major shopping strip, Alfrieda Street, or Main Road West/East if you are looking for European and Middle Eastern cuisines. Grocery shopping will be easy as Woolworths and multiple asian grocery stores are within walking distance.&nbsp;&nbsp;

<h2>4. St Albans is a thriving community&nbsp;</h2>

<figure><img alt="" class="image-article-full-width-580px" height="363" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/st-albans-lunar-festival.png?itok=7de6vDej" width="580" />

<figcaption>Lion Dance at the St Albans Lunar Festival, <a href="https://www.dyob.com.au/suburbs/north-west/st-albans">source</a></figcaption>
</figure>

There are a lot of entertainment options available to St Alban residents. Head down to The Bowery Theatre and St Albans Community Centre (STACC) where they both host art and community venues available for performances, rehearsals, meetings, and events. For a casual scene, St Albans Hotel would be perfect for drinks and dinner in the bistro with live entertainment, pool tables, sport playing on a big screen and an indoor play area for your kids. Every January, 80,000 people gather at St Albans to celebrate the Lunar Festival to watch the Lion Dance and a fireworks display.&nbsp;

<h2>5. St Albans is an in demand suburb</h2>

According to <a href="https://www.realestate.com.au/neighbourhoods/st-albans-3021-vic " target="_blank">Realestate.com</a>, a medium house price at St Albans is $640,000 as of June 2021, and $350 per week for rent as of July. If you are looking to invest, renting at $350 per week would obtain a 2.8% annual rental return for homes. In the last 5 years, St Albans has experienced a compound growth rate of 7.2% for homes and 6.5% for apartment units. St Alban&rsquo;s demographic consists of 24.5% in independent youth and 28.8% in couples and families.&nbsp;

<h2>6. Enjoy the surrounding greenery and be closer to nature with a selection of nearby parks</h2>

<figure><img alt="" class="image-article-full-width-580px" height="265" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/1476410867.55280.jpg?itok=moRCyCc2" width="580" />

<figcaption>Cairnlea Park, <a href="https://goodmigrations.com/city-guides/melbourne/cairnlea">source</a></figcaption>
</figure>

To briefly escape from the hustle and bustle of the city, parklands such as the Brimbank Park, Waterfield Park, Cairnlea Park, and Organ Pipes National Park are all within a 5 minute drive. To enjoy a coastal walk, Altona beach is only a 25 minute drive. Each home is also built with sustainability in mind to reduce the carbon footprint of the entire development, attaining a 6-star energy rating. This includes features such as rainwater tanks and double glazing on select residences.&nbsp;

There are a variety of two and&nbsp;three-bedroom townhomes currently available, with several design layouts to choose from including:&nbsp;

<ul>
	<li>Sapphire IV: A 3 storey 3 bedroom, 3.5 bathroom, a study and a double garage</li>
</ul>

<figure><img alt="" class="image-article-full-width-580px" height="410" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/0001.jpg?itok=PEvC3a3C" width="580" />

<figcaption>Sapphire IV</figcaption>
</figure>

<ul>
	<li>Argyle I &amp; II: A 2 storey, 2 bedroom, 2.5 bathroom and a carpark</li>
</ul>

<figure><img alt="" class="image-article-full-width-580px" height="410" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/0001_copy.jpg?itok=8xP57Jff" width="580" />

<figcaption>Argyle I &amp; II</figcaption>
</figure>

[smartcode_project:default project_id=7633 project_image_fid=32168]

If you can imagine a life in St Albans and enjoying all that the neighbourhood has to offer, then reach out to a sales agent via Urban today.

[smartcode_project_cta: project_id=7633]

7 reasons to consider buying a home at Cedar Woods' St A in Melbourne's north west

Melbourne residential tower K1,&nbsp;boasts&nbsp;360&deg; views with homes offering spacious garden balconies.&nbsp;DE Atelier Architects have designed three-bedroom sky homes with graceful, organic shapes, natural warm materials and luxurious interiors.&nbsp;

<a href="https://res.cloudinary.com/dz9xllyip/image/fetch/c_fill,w_962,h_420,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/project-renders/k1-residences-1-union-street-melbourne-cd459faa3d88cc4d5e564b6bfbdbb45a.jpg" target="_blank"><img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_fill,w_962,h_420,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/project-renders/k1-residences-1-union-street-melbourne-cd459faa3d88cc4d5e564b6bfbdbb45a.jpg" style="width: 1924px; height: 840px;" /></a>

Bergman &amp; Co. creates interiors with exceptional clarity of vision to instil warmth, sophistication, and timeless beauty through combining the use of moody tones, sunlight and French oak. These residences are distinguished by exquisite features such as a desk suspended from the ceiling for the workspace, as well as finer details such as rose gold tapware, and curved garden terraces.

The kitchen includes VZug kitchen appliances that were manufactured in Switzerland, Liebherr integrated fridges and Vintec 40 bottle wine fridges.

Bathrooms include Rogerseller fittings that have been carefully selected to represent a timeless contemporary design with quality materials, simplicity and craftsmanship.&nbsp;Bathrooms also include heated shower rails and tile insert shower grate.

These luxurious residences come in a light and dark theme, both of which include neutral palettes.&nbsp;

<a href="https://res.cloudinary.com/dz9xllyip/image/fetch/c_fill,w_630,h_420,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/project-renders/k1-residences-1-union-street-melbourne-02a22cd197380352f9b9de4436b5a747.jpg" target="_blank"><img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_fill,w_630,h_420,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/project-renders/k1-residences-1-union-street-melbourne-02a22cd197380352f9b9de4436b5a747.jpg" style="width: 1260px; height: 840px;" /></a>

THE MATERIALS USED:

<ul>
	<li>Black Odyssey Marble benchtop&nbsp;and splashback</li>
	<li>Bottega and Angora Oak</li>
	<li>Smokey grey mirror wall</li>
	<li>Rose Copper</li>
	<li>Matte finish wall tiles</li>
</ul>

The gardens of K1 Residences are a defining aspect of the stunning building&#39;s design, designed by award-winning landscape architecture firm, Aspect Studios. Layers of greenery add a lovely tracery of dappled light to the exterior&#39;s arcs and crescents. This lush greenery reflects Melbourne&#39;s best-loved suburbs&#39; gardens and tree-lined streets.

<a href="https://res.cloudinary.com/dz9xllyip/image/fetch/c_fill,w_697,h_420,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/project-renders/k1-residences-1-union-street-melbourne-e7a591129cbf2a2a2082596a6d848a3a.jpg" target="_blank"><img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_fill,w_697,h_420,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/project-renders/k1-residences-1-union-street-melbourne-e7a591129cbf2a2a2082596a6d848a3a.jpg" style="width: 1394px; height: 840px;" /></a>

The verdant terrace features timber and natural greenery for you to enjoy the space for relaxation and socialisation. K1 Residences&#39; ground floor transitions seamlessly from a clean contemporary interior to a vast and beautifully planted garden. Residents can now enjoy indoor and outdoor living because of its low maintenance and stunning architecture.&nbsp;

<a href="https://res.cloudinary.com/dz9xllyip/image/fetch/c_fill,w_513,h_420,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/project-renders/k1-residences-1-union-street-melbourne-a368fe75e34312bc5adb8c91f6489d57.jpg" target="_blank"><img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_fill,w_513,h_420,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/project-renders/k1-residences-1-union-street-melbourne-a368fe75e34312bc5adb8c91f6489d57.jpg" style="width: 1026px; height: 840px;" /></a>

Located with the perfect balance of serenity and vibrancy, K1&rsquo;s immediate neighbourhood is tranquil and picturesque. The greatest of Melbourne&#39;s restaurants, entertainment opportunities, markets, shopping, and places to relax are all within walking distance. K1 provides easy access to everything Greater Melbourne has to offer. Major highways and freeways are only a few minutes away, and public transportation is easily accessible.

[smartcode_project:default project_id=2772 project_image_fid=31757]

For more enquires on K1 Residences, please contact our agents via Urban.&nbsp;

The design details: Materials used to craft the recently completed K1 Residences

As a first home buyer, you might be asking yourself, will this property be worth it in the long run? Why is location so important? Will the property be profitable to sell in the future?

Choosing a good location is arguably one of the most important factors when choosing a home. Not only can it offer convenience and better liveability,&nbsp;but buying in a rising suburb can be a&nbsp;smart way to ensure your property will hold its value.&nbsp;We&#39;re going to walk you through some of the top location factors to consider when choosing your first home.

&ldquo;Location creates desirability, desirability creates demand, and demand raises property prices. If you cleverly choose the location of your new home, you will not just enjoy an improved lifestyle (think - better amenities, schools, transport, and so forth) but potentially profit significantly when it comes time to sell-up and move on.&rdquo;

<a href="https://gw.legal/articles/why-location-location-location-is-still-the-most-important-consideration-when-buying-a-home" target="_blank">GW Legal</a>, conveyancing specialists

First home buyers may consider an investment plan for their first home purchase, making location an important investment feature that can be valuable to increase rental opportunities and resale value in future. Here are eight&nbsp;location features you could consider:

<h2>1. Investment opportunity</h2>

<figure><img alt="" class="image-article-full-width-580px" height="385" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/shutterstock_1139707214.jpg?itok=xkZHpW63" title="Source: Shutterstock" width="580" />

<figcaption>Source: Shutterstock</figcaption>
</figure>

To maximize resale value, it can be wise to select a property in a sought-after location. Features to look for can include low noise, a well-maintained neighbourhood and streets with slight elevation for good drainage and sun.

Where possible, avoid close proximity to highways/train tracks, factories and utility lines. According to Gustan Cho Associates, &ldquo;buying a house next to power lines may decrease property value <a href="https://homeguides.sfgate.com/much-power-lines-lower-real-estate-value-2979.html" target="_blank">as much as 10% to 40%</a>&rdquo;.&nbsp;

Having easy access to public transportation, good schools, entertainment, retail, dining and recreational centres are key factors to consider. Having additional public transit choices available, whether in the CBD or the suburbs, means that the property could <a href="https://www.smartcitiesdive.com/news/property-values-thrive-near-transit-study-finds/564982/" target="_blank">become more valuable over time</a>&nbsp;as it becomes easier to commute to.

[smartcode_project:default project_id=5234 project_image_fid=84282]

Being near good schools gives parents that have school-age kids the opportunity to settle or rent out the property to a family. As a result, homes located in good school zones experience a higher growth compared to lower-ranked school zones.

Research from the Real Estate Institute of Victoria states how properties located within popular primary and secondary schools are able to secure sale prices above <a href="https://reiv.com.au/policy-resources/latest-news/top-performing-public-schools-leading-price-growth" target="_blank">$400k more</a> than properties outside those school zones.&nbsp;

<h2>2. Employment opportunities</h2>

<figure><img alt="" class="image-article-full-width-580px" height="387" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/shutterstock_614433167.jpg?itok=phLLncAl" title="Source: Shuttershock" width="580" />

<figcaption>Source: Shutterstock</figcaption>
</figure>

When there are new businesses opening in the area, this can boost job supply making the area a desirable option for job opportunities.

As businesses grow with the population of the area, there may be higher chances of the property increasing in value as there can potentially be amenities and entertainment that will develop alongside to cater to the population.&nbsp;

<h2>3. Infrastructure upgrades</h2>

Infrastructure projects (planned and under construction) can help in indicating a rise in housing demand.

[smartcode_project:default project_id=29358 project_image_fid=85966]

Social infrastructure that may attract buyers and families to an area includes: public transportation links that provide connectivity to the city, greater selection of educational facilities, upgraded utilities, or the addition of health services.

<figure><img alt="" class="image-article-full-width-580px" height="384" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/shutterstock_190368989.jpg?itok=Je3j24rm" title="Source: Shutterstock" width="580" />

<figcaption>Source: Shutterstock</figcaption>
</figure>

These may be reasonably certain indicators for finding tenants or future buyers. Areas, where the construction and mining sectors are entering or extending their operations, have the opportunity to attract jobs and workers to the region, which may offer potential long-term investment and capital growth opportunities.

<h2>4. Consider looking for property in fringe suburbs</h2>

If your first choice location is out of budget, neighbouring suburbs can be an excellent solution as they can provide cheaper entry points to the market.

Townhouses and family-friendly apartments can also be considered as a more affordable alternative to the stand-alone housing stock in high demand suburbs.

[smartcode_project:default project_id=29048 project_image_fid=151675]

<h2>5. Choosing the right suburb</h2>

<figure><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/shutterstock_1988193521.jpg?itok=-L58WU3l" title="Source: Shutterstock" width="580" />

<figcaption>Source: Shutterstock</figcaption>
</figure>

URBAN &amp; CITY

Pros:&nbsp;

<ul>
	<li>
	Love the bustle of the city
	</li>
	<li>
	Close to an abundance of entertainment, restaurants and nightlife
	</li>
	<li>
	Shorter commute times
	</li>
	<li>
	Many amenities nearby
	</li>
	<li>
	Great for walkability
	</li>
</ul>

Cons:&nbsp;

<ul>
	<li>
	Less space
	</li>
	<li>
	Noise pollution
	</li>
</ul>

COASTAL

Pros:&nbsp;

<ul>
	<li>
	Love the beach and its openness and fresh air
	</li>
	<li>
	Relaxed lifestyle
	</li>
	<li>
	Great place to raise a family
	</li>
	<li>
	Better work/life balance as a <a href="https://www.marketwatch.com/story/people-who-live-on-the-coast-are-typically-happier-than-those-who-dont-says-science-2019-10-01" target="_blank">study</a> from Exeter University found that living close to the sea is good for your mental health
	</li>
</ul>

[smartcode_project:default project_id=5559 project_image_fid=88243]

Cons:&nbsp;

<ul>
	<li>
	Higher maintenance costs due to exposure to sea air, strong winds, spot water damage, damp and rust problems
	</li>
	<li>
	Less privacy during peak season
	</li>
</ul>

SUBURBS&nbsp;

Pros:&nbsp;

<ul>
	<li>
	Often plenty of schooling options
	</li>
	<li>
	Can be more affordable
	</li>
	<li>
	Relaxed lifestyle
	</li>
	<li>
	Local amenities growing
	</li>
</ul>

Cons:&nbsp;

<ul>
	<li>
	Potentially longer commute
	</li>
	<li>
	Not as much entertainment, restaurants and nightlife compared to the city
	</li>
</ul>

<h2>6. Insurance premiums</h2>

Environmental hazards associated with the property&#39;s location should also be addressed, as insuring a property in a flood or bushfire-prone area may be more expensive, affecting your budget.

According to a recent assessment by the <a href="https://www.afr.com/property/residential/climate-change-predicted-to-wipe-571-billion-off-property-values-20190508-p51law" target="_blank">Climate Council</a>, climate change and extreme weather would cause the Australian property market to lose $571 billion in value by 2030.

Make sure to double-check to see whether the insurance covers all these hazards as it may not be the case for most properties.&nbsp;

<h2>7. Limitations on your property</h2>

<figure><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/shutterstock_375497461.jpg?itok=xbcDyYXM" title="Source: Shutterstock" width="580" />

<figcaption>Source: Shutterstock</figcaption>
</figure>

The Vegetation Protection Overlay (VPO), the Environmental Significance Overlay (ESO), the Significant Landscape Overlay (SLO), and the Heritage Overlay (HO) are four overlays that can be used to protect and manage vegetation in urban areas as part of Victoria Planning Provisions (VPP).

They will have limited relevance in urban areas with small lot sizes because they aim to avoid broad-scale clearance of vegetation.&nbsp;

Restrictions such as the Vegetation Protection Overlay (covered in some parts of Monash and Mornington Peninsula Planning Scheme) exist in order to protect current vegetation, encourage the regeneration of native plants and trees, and maintain and improve habitat for native wildlife.

It can be used on individual trees, groups of trees, or large expanses of vegetation. This will cause limitations to any property in a protected area that you may want to renovate.&nbsp;

<h2>8. Recency</h2>

<figure><img alt="" class="image-article-full-width-580px" height="387" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/shutterstock_525154717.jpg?itok=O3dK6E74" title="Source: Shutterstock" width="580" />

<figcaption>Source: Shutterstock</figcaption>
</figure>

When you have found your potential property, it is good to start looking for their comparable sales (also known in the industry as &ldquo;comps&rdquo;).

Comps are recently sold properties that have similar characteristics to the one you&rsquo;ve been looking to purchase or invest in.

When it is a good deal, the value can go up when you resell in the future due to infrastructure and other upgrades.

New houses or renovated houses in that area can also drive up the value as it may increase interest.

As a first home buyer, you might be asking yourself, will this property be worth it in the long run?

Home buyer guide: Location indicators to take into account when buying your first home

4 Ballarat Street is the latest Brunswick apartment development by Assemble Futures, with design by Fieldwork Architects and landscape design by Rush Wright.

The development places an emphasis on providing a seamless transition to the natural environment, with each apartment running on 100% renewable energy. The&nbsp;spacious outdoor areas and floor-to-ceiling glazing provide&nbsp;plenty of light to fill each living space and cross-flow ventilation.&nbsp;

4 Ballarat also aims to connect its community through the functional spaces on offer, including: rooftop area for residents to relax, multipurpose room, assemble space to host social gatherings, barbecue, herb &amp; veggie garden, dog park and lending library where the residents can share and lend their favourite books.&nbsp;

The building&nbsp;sits in the heart of Brunswick, a popular location for cafes and restaurants. Urban has taken a look at what&#39;s in the neighbourhood.

[smartcode_project:default project_id=94542 project_image_fid=160729]

When it comes to fantastic eat streets in Melbourne, I would place Sydney Road at the top of the list.

Tiba&#39;s (a Lebanese restaurant founded in 1983), Mediterranean Wholesalers, Project281 Cafe, a vast Italian supermarket, A1 Bakery (a famous family business founded in 1992), are all located here.

The Sydney Road precinct is a short walk from 4 Ballarat.

4 Ballarat is also within walking distance to Woolworths, ALDI, Coles, Chemist Warehouse, Bunnings, and RMIT University Brunswick Campus.&nbsp;

[smartcode_project:default project_id=94542 project_image_fid=160735]

Within a 10 minute walk are a number of&nbsp;outdoor and recreational activity sites, such as Clifton Park, Gilpin Reserve, A G Gillion Oval, and Brunswick Baths.

Residents are well connected to the neighbouring areas, and&nbsp;a 25 minute tram ride to Melbourne&#39;s CBD.&nbsp;

[smartcode_project_cta: project_id=94542]

The building sits in the heart of Brunswick, a popular location for cafes and restaurants.

Walking tour: What’s within walking distance from 4 Ballarat Street, Brunswick?

Townhouses fuse the convenience of apartments and their&nbsp;upgraded amenities with the advantages of investing in a stand alone property. According to <a href="http://ironfish.com.au/blog-news/look-buying-townhouse-tips-investors/">Iron Fish</a>&nbsp;- a company that builds confidence from data-driven investment insights,&nbsp;

&ldquo;A well-built townhouse in a good location usually sees stronger rental yields than houses in the same area. For investors seeking cash flow for their property portfolio, townhouses can be an appealing option when compared to a free-standing house&rdquo;

They are more inexpensive compared to free-standing residences as they hold more value for its use of land, making a promising long-term capital growth. Compared to existing properties, townhouses have low maintenance for their latest standards when it comes to comfort and entertainment. If you are looking for a townhouse located in Victoria, here are 5 of our top picks selling now.

<h2>1.&nbsp;<a href="/buildings/omnia-4-6-horscroft-place-moorabbin">Omnia</a></h2>

[smartcode_project:default project_id=29048 project_image_fid=151680]

[smartcode_project:default project_id=29048 project_image_fid=151679]

Starting from $465,000

Located in the heart of Moorabin - one of Melbourne&rsquo;s major suburbs, Omnia showcases a luxurious lifestyle featuring Roger Brayshaw&rsquo;s designs and renowned Sheffield property developer. Omnia&rsquo;s floor-to-ceiling sliding doors are ideal for a seamless indoor-outdoor lifestyle. Starting at $465,000, Omnia presents the best of both worlds with townhouses and apartments featuring sophisticated finishes and clean lines.&nbsp;

<h2>2.&nbsp;<a href="/new-townhouses/the-fabric-altona-north-188-198-blackshaws-road-altona-north-vic-3025">The Fabric&nbsp;</a></h2>

[smartcode_project:default project_id=22699 project_image_fid=70089]

[smartcode_project:default project_id=22699 project_image_fid=39042]

When designing The Fabric, Mirvac&rsquo;s award winning team prioritised comfort, style, functionality and sustainability. Their spacious courtyards are perfect for hosting your friends and family or to grow your own herb garden. The contemporary architecture is accompanied by floor-to-ceiling windows that maximises natural light. The Fabric also offers a range of intelligent and flexible home designs for optimal personalisation.

<h2>3. <a href="/developments/doncaster-vic-3108">Tullamore Homes</a></h2>

[smartcode_project:default project_id=22803 project_image_fid=53579]

[smartcode_project:default project_id=22803 project_image_fid=53580]

Located in Doncaster, Tullamore Homes by Mirvac has private and public schools closeby with convenient transport routes to University of Melbourne and Deakin University. Tullamore Homes feature contemporary and functional open spaces, as well as walkable trails with 20% of the site dedicated to nature. It is in walking distance to Westfield Doncaster, has over 400 stores, including cafes, restaurants, cinemas, department stores, supermarkets and fresh food markets. Within the Tullamore community, the new&nbsp;dog-friendly caf&eacute;,&nbsp;Stables Providore Caf&eacute;, has had great responses from the community and is open during lockdown for takeaway and dine-in service.&nbsp;

<h2>4. <a href="/new-townhouses/luma-sunshine-north-247-st-albans-road-sunshine-north-vic-3020">Luma</a></h2>

[smartcode_project:default project_id=27783 project_image_fid=96894]

[smartcode_project:default project_id=27783 project_image_fid=96896]

Starting from $515,000

Luma&rsquo;s urban townhomes are perfect for homebuyers that are looking for a property for long-term living and low maintenance. Luma features solar panels and battery storage that help reduce your carbon footprint and energy bills, it&rsquo;s a win-win for the planet and homebuyers! With community in mind, masterplanning agency, RobertsDay, also included a 3,600 square meter park for residents and the broader community that includes a playground, barbecue areas and walking tracks.

<h2>5.&nbsp;<a href="/buildings/haven-townhomes-42-homeleigh-road-keysborough">Haven Townhomes</a></h2>

[smartcode_project:default project_id=8082 project_image_fid=59639]

[smartcode_project:default project_id=8082 project_image_fid=59637]

Situated in a residential neighbourhood to create optimal community lifestyle, Haven Townhomes spoil their residents with tranquil areas to relax. Haven Townhomes is located close to sporting and education facilities, shops, services, roads and transport. Equipped with European Artusi kitchen appliances that motivate cooking for family and friends. Haven Townhomes&rsquo; exterior is filled with luscious landscaped gardens, fences and driveway. With 80% sold in stage 1, Haven Townhomes has everything you need at your doorstep.&nbsp;

The convenience of apartments and spaciousness of free-standing homes: 5 townhomes you’ll love in Melbourne’s outer suburbs

One of North Sydney's best-known commercial buildings could become hundreds of new homes, with insurance giant Zurich Australia lodging a State Significant Development Application (SSDA) to transform 5 Blue Street into a mixed-use residential development above North Sydney Station.

Rather than demolishing the existing building and starting again, Zurich is proposing an adaptive reuse project that would convert the landmark office building into a 15-level residential development delivering 62 apartments, 86 affordable co-living dwellings, activated retail and significant upgrades to the Blue Street Plaza.

The proposal reflects a growing trend of commercial property owners repositioning ageing office assets into residential housing as Sydney grapples with housing supply shortages and changing workplace demand.

<img alt="Zurich" data-entity-type="file" data-entity-uuid="0bba7d12-06dc-4375-aad7-238c94b21ac5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-22%20at%2010.42.05%E2%80%AFAM.png?VersionId=NJl5oLAEBDGuPmY3RnyliKODjMc8lvRh" />

Located directly above North Sydney Metro and train station, the 3,051 sqm site occupies one of the most strategically positioned parcels of land on Sydney's Lower North Shore.

Designed by fjcstudio, the proposal seeks to retain and adapt much of the existing structure while creating a contemporary residential address that better connects with the public domain surrounding North Sydney Station.

The application proposes two basement levels, ground floor retail, affordable co-living accommodation across the podium levels, and apartments above, while preserving and enhancing the publicly accessible Blue Street Plaza.

Rather than pursuing maximum apartment numbers, Zurich has opted for a housing mix heavily weighted towards larger owner-occupier residences.

The proposal includes 62 build-to-sell apartments comprising 12 one-bedroom, 19 two-bedroom, 29 three-bedroom apartments and two premium penthouses. It also incorporates 86 affordable co-living dwellings, which would be managed in perpetuity by a Community Housing Provider.

That balance between traditional apartments and affordable housing reflects the NSW Government's push to increase housing diversity around major transport infrastructure.

The proposal has been lodged concurrently with a rezoning application, with Zurich arguing the site is ideally positioned to support additional housing given its immediate proximity to public transport, employment and services.

"The proposal aims to respond to the housing challenges facing Sydney through the delivery of diverse housing types in a highly accessible location," the design report by fjcstudio states. It also seeks to improve pedestrian amenity through upgrades to Blue Street Plaza while creating a high-performing residential building that responds to the surrounding context.

<img alt="Zurich" data-entity-type="file" data-entity-uuid="36082e15-c636-4481-bb68-5a5f6443fe39" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-22%20at%2010.41.36%E2%80%AFAM.png?VersionId=5P6VD.fvmqjQfIG3TWWMRXxQWiQBjeFB" />

Rather than replacing the commercial building, fjcstudio has developed a design that works with the existing structural framework above the rail corridor, an approach that significantly reduces demolition while allowing the site to be repositioned as a mixed-use residential precinct.

The existing structural constraints have informed much of the building's design, including its relationship with Blue Street and surrounding public spaces.

The building has been designed as a slender tower rising above a clearly defined podium, with vertically expressed façades intended to reduce the perceived bulk while reinforcing North Sydney's emerging skyline.

According to fjcstudio, the architectural language responds directly to the surrounding commercial towers while maintaining a finer grain expression more closely aligned with the neighbouring Lavender Bay streetscape.

The tower incorporates articulated façade elements, landscaped podium edges and recessed upper levels to soften its appearance and improve pedestrian amenity below.

A significant component of the proposal is the revitalisation of Blue Street Plaza.

The existing public space has long served as one of the primary pedestrian connections between North Sydney Station, Greenwood Plaza and Blue Street, yet its role is expected to become even more important following the opening of Sydney Metro.

Zurich's proposal seeks to strengthen that role by improving landscaping, introducing new retail frontages, enhancing pedestrian permeability and creating more active edges throughout the day and evening.

Ground floor retail would wrap the plaza, while separate residential and co-living entries have been designed to improve wayfinding without reducing street activation.

Landscape design has been integrated throughout the podium and public realm, softening what is currently one of the most heavily urbanised parts of North Sydney.

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fjcstudio has carefully oriented apartments towards Sydney Harbour and the CBD while using privacy blades and articulated façades to minimise overlooking between neighbouring buildings.

Large framed openings along the western elevation maximise harbour outlooks, while the eastern apartments have been angled towards the south-east to improve privacy from neighbouring development.

The project forms part of the continuing transformation of North Sydney from a predominantly commercial CBD into a genuine mixed-use city centre.

Since the completion of Victoria Cross Metro Station, developers have increasingly shifted their attention towards residential projects capable of leveraging the area's unparalleled transport connectivity.

&nbsp;

FiveX recently lodged plans for a 61-storey, 490-apartment tower that would become one of the tallest residential buildings in North Sydney if approved.

Aqualand continues to expand its Lower North Shore presence following the completion of AURA on Walker Street and its recent St Leonards and Roseville proposals.

Developers are also progressing projects throughout Walker Street, Miller Street and the Victoria Cross precinct as demand for well-located owner-occupier apartments continues to strengthen.

Joel Robinson

First look: Zurich targets North Sydney office conversion with 148-unit proposal above Metro station

Busy developer Aqualand Prestige has formally taken the next step in its expansion across Sydney's Lower North Shore, lodging a State Significant Development Application (SSDA) for its long-held Archer Street site in Chatswood.

The application covers <a href="https://www.apartments.com.au/new-apartments/51-55-archer-street-chatswood-nsw-2067">51-55 Archer Street</a>, a 1,767 sqm amalgamated site on the eastern edge of the Chatswood CBD, where the developer is seeking approval for a 45-level mixed-use tower delivering 114 apartments, including a significant affordable housing component, alongside retail, commercial space and six basement levels of parking.

The SSDA marks the latest milestone for a project Aqualand has been quietly progressing over the past two years. The developer first secured the site for its Aqualand Prestige platform before undertaking an alternative design excellence process with PTW Architects, ultimately avoiding a formal design competition through the Housing Delivery Authority pathway.

The proposal has evolved considerably from Aqualand's original concept. The revised scheme has been designed around larger owner-occupier product, with an unusually high proportion of three and four-bedroom apartments, targeting the more affluent buyer profile, and downsizer, emerging across the North Shore.

<img alt="Archer St" data-entity-type="file" data-entity-uuid="0171204c-5811-41b5-9b09-2335d1b7c3d0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-22%20at%208.52.48%E2%80%AFAM.png?VersionId=6YTuxfq.puZo7k2wbfgemcO5K3QfXYGQ" />

The 114-apartment mix comprises six studios, 27 one-bedroom apartments, 18 two-bedroom apartments, 50 three-bedroom residences and 13 four-bedroom homes. A quarter of the building will be dedicated to affordable housing, well above the mandated 15 per cent&nbsp;

PTW has structured the building vertically, with affordable housing across levels one to six, premium apartments through levels seven to 31, duplex skyhomes on klevels 32 to 43, a penthouse on level 44, and a rooftop plant level above. Six basement levels will provide resident parking and servicing.

The tower is proposed to reach approximately 154 metres, placing it among a growing collection of residential high-rises transforming Chatswood's skyline.

Rather than competing purely on height, PTW says the design has been driven by creating a slimmer tower capable of delivering significantly larger apartments.

"The primary objective of this project was to create a distinctive building that stands out from the recently approved or built structures in the Chatswood area," the design report states, noting the structural efficiency allows greater investment into apartment quality and resident amenity.

Residents would have access to more than 450 sqm of communal open space including landscaped gardens, swimming pool, rooftop entertaining areas, fitness spaces, community gardens, children's play areas and barbecue facilities.

A major focus of the design has been the public domain.

The ground plane has been opened up through landscaped terraces inspired by Willoughby's sandstone ridges, with native planting, public seating, artwork, retail activation and a series of gathering spaces intended to soften what has traditionally been a hard commercial streetscape.

The landscape strategy references Blue Gum forests once common throughout the area, while incorporating Indigenous storytelling, public art and lighting installations to strengthen the connection to Country.

Chatswood has been one of Sydney's busiest apartment markets over the past 12 months, with a steady pipeline of both new project launches and fresh development applications.

Hyecorp recently launched Celine, a 122-apartment development just along Archer Street, while Changfa and Huirong Group are progressing The Anderson, an 84-apartment project on Anderson Street.

Develotek recently secured approval for a 101-apartment tower on Pacific Highway, while Tian An LFD received the green light for Hammond Greens, its apartment development on the edge of the Chatswood Bowling Club.

Commercial property developer FiveX is also making its move into the residential market. Last month it lodged plans for a 61-storey tower with 490 apartments, which, if approved, would become one of the tallest residential buildings in Chatswood.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-fivex-targets-chatswood-skyline-with-61-storey-tower-after-north-sydney-plans">First look: FiveX targets Chatswood skyline with 61-storey tower after North Sydney plans</a>

Aqualand is also expanding its development pipeline following the launch of its luxury residential brand, Aqualand Prestige. The developer has delivered a string of high-end apartment projects across Sydney's affluent suburbs over the past decade, most recently AURA by Aqualand on Walker Street in North Sydney.

[smartcode_project:default project_id=30959 project_image_fid=292863]

It has since quietly assembled its next wave of projects.

Earlier this year Aqualand launched Boronia in Roseville, a boutique 111-apartment development on Larkin Street. The project is one of the first significant apartment developments to launch in the suburb ahead of what is expected to become one of Sydney's most active new housing precincts under the NSW Government's Low and Mid-Rise Housing reforms, which allow greater density around train stations.

[smartcode_project:default project_id=152095 project_image_fid=373685]

The developer has also lodged plans for a two-tower, 413-apartment development on Herbert Street in nearby St Leonards, further strengthening its presence across the Lower North Shore.

Beyond that, Aqualand remains behind the final stage of Barangaroo, where plans will deliver a five-hectare mixed-use precinct comprising new homes, retail, hospitality and community facilities, alongside a new Metro entrance and more than two hectares of public open space, completing the Barangaroo precinct.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/central-barangaroo-development-takes-big-step-with-concept-proposal-approval">Central Barangaroo development takes big step with concept proposal approval</a>

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-aqualand-joins-st-leonards-apartment-party">First look: Aqualand joins St Leonards apartment party</a> 
&nbsp;

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First look: Aqualand pushes ahead with Chatswood apartment tower as SSDA lodged for Archer Street

Mass timber is becoming an increasingly popular construction material in apartment developments, but Adelaide developer <a href="https://www.apartments.com.au/developers/otello">Otello</a> is taking the approach a step further.

At its new <a href="https://www.apartments.com.au/new-apartments/flowe-bowden-18-gibson-street-bowden-sa-5007">Flowe Bowden</a> development, the exposed cross-laminated timber (CLT) structure isn't just about reducing the building's environmental footprint. It also forms the foundation of a broader wellness strategy, influencing everything from indoor air quality and natural materials to the way residents move through and experience the building.

The 115-apartment mixed-use development, designed by Melbourne-based architecture practice Fieldwork, will occupy a prominent island site opposite Bowden Village Reserve, combining one, two and three-bedroom apartments with retail and a dedicated wellness destination.

[smartcode_project:default project_id=152022 project_image_fid=375528]

Wellness isn't confined to a gym or shared resident facility at Flowe. Instead, Fieldwork embedded the concept into the building itself.

The development has been split into two residential wings connected by a naturally ventilated central breezeway, replacing traditional enclosed corridors with open-air walkways that improve natural light, encourage cross ventilation and create more opportunities for neighbourly interaction.

"Rather than treating wellness as something that only happens on the ground floor, our response integrates it throughout the building, which led us to ask what it really means to design a healthy building," Fieldwork Director Quino Holland said.

[smartcode_project:default project_id=152022 project_image_fid=375531]

The building's architecture also reflects Bowden's industrial heritage. The lower podium references the area's historic brick and sandstone buildings, while the upper levels transition to exposed CLT, allowing the timber structure to become a defining feature throughout the apartments and shared spaces.

The use of mass timber sits alongside a range of sustainability initiatives, including a fully electric, gas-free design, rooftop solar and a targeted 5 Star Green Star rating.

[smartcode_project:default project_id=152022 project_image_fid=375524]

Inside the residences, the focus remains on natural, durable materials. Blackbutt engineered timber flooring, exposed CLT ceilings, porcelain surfaces and warm timber joinery create a calming interior palette, while low-VOC finishes and responsibly sourced materials have been selected to improve indoor air quality.

Kitchens have been designed as the centrepiece of each apartment, featuring porcelain island benchtops, timber-look cabinetry and brushed steel tapware, with layouts that maximise natural light and ventilation.

[smartcode_project:default project_id=152022 project_image_fid=375530]

The more traditional interpretation of wellness comes in the form of Level Eleven, a two-storey wellness club spanning the ground floor, mezzanine and first floor.

The facility will include a gym, yoga and reformer Pilates studios, Finnish and infrared saunas, magnesium hot and cold plunge pools, and dedicated recovery spaces. Unlike many residential wellness facilities, Level Eleven will also operate commercially, allowing the broader Bowden community to access the venue while giving residents exclusive membership benefits.

The ground floor has also been designed around everyday living. A café overlooking Bowden Village Reserve will activate the street frontage, while a bike workshop with tool storage, co-working space and dog wash has been incorporated to support daily routines and encourage interaction between residents.

"Flowe brings together my two biggest passions, creating places and creating healthier lives," Otello founder Daniel Harris said.

"We wanted to create something Adelaide hasn't seen before, a genuinely healthy building, where the way you live is lifted without even trying."

Flowe is positioned directly opposite Bowden Village Reserve and within walking distance of Bowden Railway Station and the Adelaide Entertainment Centre, placing future residents just minutes from the Adelaide CBD while remaining connected to one of the city's most established urban renewal precincts.

[smartcode_project_cta:default project_id=152022]

Otello launches wellness-focused Flowe Bowden with Adelaide-first mass timber apartment design

Not all apartment amenities are immediately visible.

Swimming pools, gyms, rooftop terraces and residents' lounges have long featured on buyers' wishlists, but as the way Australians live has changed, so too have the features that make apartment living more convenient.

Increasingly, buyers are placing value on the practical aspects of day-to-day life. Fast internet, EV charging, secure bike storage, flexible workspaces and parcel management are becoming just as relevant as lifestyle amenities, reflecting changing habits and expectations.

Online shopping has been one of the biggest drivers of that shift.

Australians spent a record $82.6 billion shopping online in 2025, with almost one in every four retail dollars now spent digitally, making parcel deliveries a routine part of everyday life rather than an occasional convenience.

For apartment residents, however, receiving those deliveries isn't always straightforward.

Without someone home to accept a parcel, deliveries can be redirected to a nearby Post Office, left in building foyers or common areas, or require building management to temporarily store packages. As apartment living continues to grow across Australia's cities, parcel management has become an increasingly important consideration for both residents and developers.

Australia Post's Parcel Locker network is one response to that shift.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/KPZ9j5FRdsQ?si=Qztc1dNP3ZvEIUhb" title="YouTube video player" width="560"></iframe>

Rather than relying on home delivery, eligible parcels can be directed to a nominated Parcel Locker, where they're securely stored until collected. Once a parcel arrives, residents receive a notification through the AusPost app or SMS and can retrieve it using a one-time code or QR code at a time that suits them.

The network has expanded to more than 1,500 locations nationwide, with Parcel Lockers positioned at Post Offices, shopping centres, supermarkets, transport hubs and, increasingly, within or alongside residential developments.

That growing presence reflects a broader change in how apartment buildings are being planned.

Developers are increasingly considering the operational side of apartment living alongside traditional lifestyle amenities. Just as secure mailrooms, bicycle storage and EV charging have become more common inclusions, parcel management is emerging as another feature that supports everyday convenience.

It also helps preserve the arrival experience within a building. Carefully designed lobbies and communal spaces can quickly become cluttered when deliveries accumulate, while secure parcel solutions reduce the likelihood of missed deliveries or parcels being left unattended.

For buyers comparing apartments, these everyday details are becoming part of the decision-making process.

Location, floorplans and finishes remain fundamental, but the features that simplify daily life are carrying greater weight than they once did. As online shopping continues to shape consumer behaviour, secure parcel delivery is increasingly becoming another amenity worth looking for.

Parcel delivery is joining the apartment amenity checklist

Inca Property Group has lodged a State Significant Development Application (SSDA) for Dawn, a 53-apartment oceanfront development overlooking Mona Vale Beach.

The proposal, at 35-39 Darley Street East, would replace an existing 18-apartment strata building with a new owner-occupier-focused development comprising 53 two and three-bedroom apartments, including nine affordable built-to-rent residences delivered under the State's infill affordable housing scheme.

Positioned on a 2,679 sqm elevated site around 280 metres from Mona Vale Beach, the development has been designed to maximise panoramic ocean views while responding to the site's sloping topography.

<a href="https://www.apartments.com.au/developers/inca-property-group">Inca Property Group</a> Managing Director Josh Thompson said the State Significant pathway provided greater certainty for projects of this scale.

"This State Significant pathway gives the team real certainty to progress <a href="https://www.apartments.com.au/new-apartments/dawn-35-39-darley-street-east-mona-vale-nsw-2103">Dawn</a> through to completion," Thompson said.

"It allows us to acquire a one-off site, design it carefully and deliver the right offering for the suburb, assessed by the NSW Government's planning department."

The project is one of the first developments in the area to be assessed under the NSW Government's Low and Mid-Rise Housing policy, with the site sitting on the edge of the policy's designated inner area.

The proposal includes three basement levels providing 124 car spaces, alongside a range of resident amenities including a swimming pool, gym, sauna, wellness facilities and private plunge pools for selected ground-floor and penthouse apartments.

<img alt="Dawn" data-entity-type="file" data-entity-uuid="fc1a1daf-0ce4-4f12-9076-b1fa553c7a91" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-21%20at%208.42.11%E2%80%AFAM.png?VersionId=4GZ9h.gpNkTljbxyAET8Jfhv51XUamDm" />

Thompson said Dawn had been designed specifically for owner-occupiers and downsizers, a buyer profile that has driven demand across Inca's recent Upper North Shore developments.

"The majority of buyers in our recent North Shore projects have been downsizers, and we are learning exactly what this market is looking for. Beyond the location itself, we have included resort-style amenities to deliver a genuine lifestyle offering," Thompson said.

Located within walking distance of Mona Vale Beach, the town centre, Mona Vale Golf Club and the Royal Motor Yacht Club, Dawn represents Inca's first Northern Beaches project following the sell-out of Tara on Park in Waitara and Ellis Residences, currently under construction in St Ives.

Construction will be undertaken by Inca's in-house construction arm, GOP Constructions.

Dawn is the latest major apartment proposal for Mona Vale, with the suburb emerging as one of the key beneficiaries of the NSW Government's new Low and Mid-Rise Housing policy.

New developer One Living, led by industry veteran Joseph Scuderi, recently secured a site on Mona Vale Road, on the border of Mona Vale and Pymble, where it is planning around 140 apartments.

IPM is also planning its third project in Mona Vale, significantly increasing the scale of its previous developments with an 82-apartment proposal at <a href="https://www.apartments.com.au/new-apartments/159-167-darley-street-west-mona-vale-nsw-2103">159-167 Darley Street West</a>, opposite Bayview Golf Course and less than 800 metres from Mona Vale town centre.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/one-living-enters-sydneys-new-apartment-market-with-northern-beaches-site-acquisition">One Living enters Sydney's new apartment market with Northern Beaches site acquisition</a>

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-ipm-plans-third-mona-vale-project">First look: IPM plans third Mona Vale project</a>

Briana Lee

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