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In June last year, ICON Developments acquired the Balaclava site on the corner of Inkerman and Nelson Streets for $9.5 million, with a goal to transform the section into 27 two, three- and four-bedroom townhomes. The permit to excavate and build across the 2,500 square meter site has recently been granted, with demolition works already underway.

According to an analysis by Select Residential Property Research, Balaclava is one of Melbourne’s leading suburbs in terms of price growth, with an anticipated value increase of 20% in the next three years.

The MAArchitects-designed development has been named Inkerman &amp; Nelson (paying homage to the sites cross streets) and will comprise of a village of six detached buildings. Each home features flexible floorplans for interchangeable rooms including the option of a whole floor living area on the ground or second floor. In addition to spacious, open-plan interiors, the townhomes will also include large backyards and some also include a rooftop terrace.

ICON Senior Development Manager, Georgina Goldsworthy explains that the development aims to accommodate the changing needs of buyers by offering flexible townhome living options within Melbourne's inner suburbs.

<blockquote>
“Inkerman &amp; Nelson has been developed around an ethos of flexible living – we’re offering purchasers a variety of functional and flexible layouts with the opportunity to select custom joinery features to truly make the home theirs."
</blockquote>

The concept seamlessly integrates the luxuries of traditional detached dwellings, with modern, smaller footprint living – which is perfect for those not looking to give up their home for apartment living any time soon.

<blockquote>
“Inkerman &amp; Nelson also addresses a gap in the market for family-sized, small footprint living. They’re also comparable to the average two to three-bedroom terrace house.”
</blockquote>

Georgina Goldsworthy, ICON Senior Development Manager

Inkerman &amp; Nelson sales will commence in October this year, with completion slated for Q3 2021.

<h2>ICON’S PREVIOUS TOWNHOME DEVELOPMENTS</h2>

<h3>122 Roseneath St, Clifton Hill</h3>

Located in the heart of Clifton Hill, 122 Roseneath Street perfectly epitomizes idyllic communal living with a shared terrace barbeque area, herb gardens, workshop, communal laundry and more. The site’s historic Brutalist structure has been partially retained and incorporated into the design.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/fieldwork_roseneath_ctatjana-plitt_57a9202-1.jpg" rel="gallery-all" title="122 Roseneath Street exterior. Credit: Fieldwork"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/fieldwork_roseneath_ctatjana-plitt_57a9202-1.jpg?itok=q1ax6em9" title="122 Roseneath Street exterior. Credit: Fieldwork" width="580"></a>

<figcaption>122 Roseneath Street exterior. Credit: Fieldwork</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/fieldwork_roseneath_ctatjana-plitt_57a9223-1.jpg" rel="gallery-all" title="122 Roseneath Street communal workspace. Credit: Fieldwork"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/fieldwork_roseneath_ctatjana-plitt_57a9223-1.jpg?itok=ncdy_srg" title="122 Roseneath Street communal workspace. Credit: Fieldwork" width="580"></a>

<figcaption>122 Roseneath Street communal workspace. Credit: Fieldwork</figcaption></figure><h3>Cantala, Caulfield North</h3>

Cantala’s built form comprises of sweeping art deco curves, with warm timber and ample glazing boasting timeless design from every aspect. Meticulous, landscaped communal gardens and an elongated lap-pool provide residents with plenty of spaces to relax and enjoy nature.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/capi_b8a7f98e42ae6159dfe95018b2492a2e_7b783c5b52f6779dfeb8a66f5fa9f681.jpeg" rel="gallery-all" title="Cantala exterior. Credit: ICON Developments"><img alt="" class="image-article-full-width-580px" height="327" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/capi_b8a7f98e42ae6159dfe95018b2492a2e_7b783c5b52f6779dfeb8a66f5fa9f681.jpeg?itok=HYF-4M-R" title="Cantala exterior. Credit: ICON Developments" width="580"></a>

<figcaption>Cantala exterior. Credit: ICON Developments</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/capi_b8a7f98e42ae6159dfe95018b2492a2e_421c99df0e50f1fab01ace7282595aa8.jpeg" rel="gallery-all" title="Cantala pool area. Credit: ICON Developments"><img alt="" class="image-article-full-width-580px" height="327" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/capi_b8a7f98e42ae6159dfe95018b2492a2e_421c99df0e50f1fab01ace7282595aa8.jpeg?itok=4NCg-h8C" title="Cantala pool area. Credit: ICON Developments" width="580"></a>

<figcaption>Cantala pool area. Credit: ICON Developments</figcaption></figure><h3>Harpers Lane, St Kilda</h3>

ICON Developments and Neometro have already collaborated with MAArchitects on Harpers Lane – a series of timeless apartments with open plan layouts, high-stud ceilings, and natural light and airflow. Residents can enjoy a morning coffee at the on-site café, Harper’s Kitchen or relax in the sunshine on their private deck.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/harper-lane-018-edit-1585x1080.jpg" rel="gallery-all" title="Harper's Lane exterior. Credit: ICON Developments"><img alt="" class="image-article-full-width-580px" height="395" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/harper-lane-018-edit-1585x1080.jpg?itok=QLDPFCfv" title="Harper's Lane exterior. Credit: ICON Developments" width="580"></a>

<figcaption>Harper's Lane exterior. Credit: ICON Developments</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/harper-lane-_012-720x1080.jpg" rel="gallery-all" title="Harper's Lane cafe. Credit: ICON Developments"><img alt="" class="image-article-full-width-580px" height="870" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/harper-lane-_012-720x1080.jpg?itok=WUKaeMkB" title="Harper's Lane cafe. Credit: ICON Developments" width="580"></a>

<figcaption>Harper's Lane cafe. Credit: ICON Developments</figcaption></figure>Lead image: Inkerman &amp; Nelson aerial view. Credit: ICON Developments.
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Olivia Round

Approval granted for Balaclava’s latest townhome development

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When you think about the principles of Passivhaus building certification, it seems like an obvious choice – high quality, healthy, efficient builds with optimum thermal insulation and airtight construction. Yet despite access to cutting edge building design techniques and modern technology, we are still experiencing the repercussions of faulty, poorly constructed homes.

Architecture Construction firm <a href="/architects/steele-associates">Steele Associates</a> are setting a new benchmark for sustainable, 21st century living with the launch of Australia’s first Passivhaus apartment building <a href="/new-apartments/the-fern-7-wyndham-street-alexandria">The Fern</a>.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/_o2a8855a.jpg" rel="gallery-all" title="Image supplied."><img alt="" class="image-article-full-width-580px" height="842" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/_o2a8855a.jpg?itok=e7S_Hcux" title="Image supplied." width="580"></a>

<figcaption>Image supplied.</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/1_13.jpg" rel="gallery-all" title="Image supplied."><img alt="" class="image-article-full-width-580px" height="870" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/1_13.jpg?itok=MnoxVR-v" title="Image supplied." width="580"></a>

<figcaption>Image supplied.</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/dji_0018.jpg" rel="gallery-all" title="Image supplied."><img alt="" class="image-article-full-width-580px" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/dji_0018.jpg?itok=kqjzlirh" title="Image supplied." width="580"></a>

<figcaption>Image supplied.</figcaption></figure><a href="/new-apartments/the-fern-7-wyndham-street-alexandria">The Fern</a> has been a labour of love for award-winning architect and registered builder Oliver Steele, who has spent the past four years working with his Steele Associates team to research suitable materials and refine the design. A selection of carefully-engineered design features will see each of the 11 one-bedroom apartments gain significant wellness benefits and little-to-no utility bills.

Operating off of a 21kW monitored solar power system, conducted via rooftop photovoltaic panels – coupled with highly efficient triple glazing, thermal insulation and airtightness mean no electricity or hot water bills are anticipated. As Steele puts it, "you have a healthy cocoon for living in at goldilocks temperatures, all year round." 

Each apartment will also contain a Heat Recovery Ventilation (HRV) system which will effectively retain heat in winter months while eliminating hot air in summer. The HRV system will also purify the air with a high-quality filtration system, and provide natural air-flow year-round, as an alternative to air conditioning.

<blockquote>
 “Australian building codes didn’t recognise HRV as a ventilation solution because it works with constant low volumes of air instead of a 2-minute high-volume fan blast. So the Australian Passive House Association commissioned Computational Fluid Dynamics Modelling which found that HRV is a superior solution, now approved for the Fern. This alternative solution can be used in apartments across the country, sparking positive change for the way we build and live in the future.”
</blockquote>

Oliver Steele, Steele Associates Director

The interiors have been elegantly designed and feature hand-finished concrete walls; timber and marble finishes; and sun-filled living areas. The apartments also offer excellent indoor-outdoor living with expansive stacker-slider doors which open out onto spacious balconies and terrace gardens. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gib_0649_0.jpg" rel="gallery-all" title="Image supplied."><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/gib_0649_0.jpg?itok=Pq014Tzw" title="Image supplied." width="580"></a>

<figcaption>Image supplied.</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/_o2a8829a.jpg" rel="gallery-all" title="Image supplied."><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/_o2a8829a.jpg?itok=xbbu6m1m" title="Image supplied." width="580"></a>

<figcaption>Image supplied.</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/6-7_wyndham_st_alexandria_high_3_of_17.jpg" rel="gallery-all" title="Image supplied."><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/6-7_wyndham_st_alexandria_high_3_of_17.jpg?itok=5d1fnlU9" title="Image supplied." width="580"></a>

<figcaption>Image supplied.</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/6-7_wyndham_st_alexandria_high_9_of_17.jpg" rel="gallery-all" title="Image supplied."><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/6-7_wyndham_st_alexandria_high_9_of_17.jpg?itok=bFRPmzOT" title="Image supplied." width="580"></a>

<figcaption>Image supplied.</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/7-7_wyndham_st_alexandria_high_5_of_13.jpg" rel="gallery-all" title="Image supplied."><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/7-7_wyndham_st_alexandria_high_5_of_13.jpg?itok=fOyixrXm" title="Image supplied." width="580"></a>

<figcaption>Image supplied.</figcaption></figure>Lord Mayor Clover Moore will be launching The Fern on the 17th of September at a celebratory event marking the completion of Australia’s first Passivhaus apartment. The Fern which will also be awarded a 9.3-10 star NatHERS energy rating – the best ever apartment sustainability rating to be achieved in Australia.

<blockquote>
“Passivhaus takes sustainable development to the next level, using proven building physics to create healthy living spaces that stay cool in summer and warm in winter with ultra-low energy use.”
</blockquote>

Oliver Steele, Steele Associates Director

<h2>Key aspects of Passivhaus design:</h2>

<ul>
<li>Reduced drafts: Passivhaus strives to achieve significantly less ‘air leakage area’</li>
	<li>Insulation
	<ul style="list-style-type:circle;">
<li>Passivhaus standards are R1 underfloor, R3.5 walls, R6 ceiling</li>
		<li>Sydney code-compliant requires no underfloor, R1.5 walls, R3 ceiling</li>
	</ul>
</li>
	<li>Airtightness: Greater control of the inflow and outflow of air results in fewer air changes per hour. This will also reduce pest entry.</li>
	<li>Thermal Bridging: When the insulation layer is broken by a conductive material, this results in a thermal break, creating two relatively separate thermal environments (reducing the risk of Sick Building Syndrome)</li>
</ul>
<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2019-09-05_at_10.47.20_am.png" rel="gallery-all" title="Source: Steele Associates"><img alt="" class="image-article-full-width-580px" height="413" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-09-05_at_10.47.20_am.png?itok=2z0UTApd" title="Source: Steele Associates" width="580"></a>

<figcaption>Thermal Bridging example. Source: Steele Associates</figcaption></figure><ul>
<li>Window ‘U Value’: The lower the U Value, the lower level of heat conducted by windows
	<ul style="list-style-type:circle;">
<li>Passivhaus regulation U1:4</li>
		<li>Sydney average U6.7</li>
	</ul>
</li>
	<li>Heat Recovery Ventilation (also known as HRV): HRV systems work by pumping fresh air into living areas while extracting air from kitchens and bathrooms. This ensures that the air circulation around the home is clean and fresh. It also keeps the heat in during the winter, and the heat out during the summer. HRV also maintains a filtration grade of F7
	<ul style="list-style-type:circle;">
<li>Passivhaus average 85% heat recovery</li>
		<li>Sydney average 0% heat recovery</li>
	</ul>
</li>
	<li>Acoustics: Given the general construction of Passivhaus design, the well-sealed buildings are generally a lot quieter than the average house</li>
</ul>
As a result of all these contributing factors, Passivhaus uses around 10% of the heating and cooling energy of the average house and creates a healthier, safer environment.

Lead image credit: The Fern render by Steele Associates
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No dust, no noise, no bills! Australia’s first Passivhaus apartments are almost here

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The Reserve Bank of Australia has just announced that the official cash rate will remain at a record low of 1% as they continue to assess the impact of the June and July cash rate cuts.

The rate was lowered for the first time in almost three years in a bid to alleviate financial strains by reinvigorating household spending and attempting to boost employment rates across the country. According to CommSec’s Tom Piotrowski, Australia's economy has been growing at the slowest pace in almost a decade, however, an increase in clearance rates, rising home values, and greater housing demand could allude to a brighter outlook for Q4. 

<h2>IT’S ARGUABLY “EASIER” TO BUY PROPERTY IN THE CURRENT MARKET</h2>

In July Apartments.com.au <a href="/news/a-borrower-s-market-the-reserve-bank-of-australia-cuts-cash-rate-to-a-record-low">reported on the announcement of the 1% cash rate</a>, concluding that the property market appears to be in favour of borrowers at present, given the more relaxed lending constraints and lower interest rates on home loans.

We reached out to Jeremy Toeng, Financial Director and Lending Advisor at Chatham House Financial, who shared a similar opinion regarding the current property climate following the two 25 basis point cuts and APRA's announcement of a lowered minimum interest rate serviceability buffer.

<blockquote>
“Following both the Royal Commission and Federal Election, we feel that consumer sentiment has improved which is leading to a noticeable increase in activity, particularly for those looking to purchase property. We feel this is largely due to an easing of lending criteria which has helped consumers with affordability, as well as a reduction in interest rates.”
</blockquote>

Jeremy Toeng, Chatham House Financial Director &amp; Lending Advisor

<h2>CONCERNS ABOUT MORTGAGE SERVICEABILITY</h2>

CoreLogic Research Director Tim Lawless explains that with the low mortgage serviceability there will be an underlying concern that the issue of high household debt will remain unresolved.

<blockquote>
"...The recent step up in the pace of value growth is likely to raise some concern that the lowest mortgage rates since the 1950s is fuelling renewed housing market exuberance at a time when household debt remains around record highs.”
</blockquote>

Tim Lawless, CoreLogic Research Director via <a href="https://www.news.com.au/finance/economy/interest-rates/official-cash-rate-remains-at-1-per-cent-following-reserve-banks-september-meeting/news-story/76606fdc5d68d31e127660261d0948d0">news.com.au</a>

Lawless suggested that a solution to this could be limiting the amount given to borrowers on high debt-to-income ratios, or stricter limits on the loan to value ratio (LVR) which compares your loan amount with the value of your property – meaning the lower the 'LVR', the lower the financial risk for the bank. 

<h2>COULD PROPERTY VALUE GROWTH INDICATE A GOOD TIME TO BUY?</h2>

<a href="/guides/how-australia-s-interest-rate-cuts-could-impact-first-home-buyers">Our research showed</a> that while term deposits would experience a drop in interest return from banks, property could potentially be a safe investment, given the fact that property values have shown an exponential increase in recent months.

<blockquote>
“In line with rate cuts in June and July, housing values in Australia’s two largest cities have recorded a lift, with dwelling values rising 1.9 per cent and 1.8 per cent in Sydney and Melbourne over the past three months.” 
</blockquote>

Tim Lawless, CoreLogic Research Director via <a href="https://www.news.com.au/finance/economy/interest-rates/official-cash-rate-remains-at-1-per-cent-following-reserve-banks-september-meeting/news-story/76606fdc5d68d31e127660261d0948d0">news.com.au</a>

Jeremy Toeng also weighed in on the current markets, concluding that spring is looking up for both developers and buyers,

<blockquote>
“On the property front, clearance rates are increasing and whilst overall stock levels are low, we think this will increase as we head into spring which is traditionally the busiest time of the year in the property market.”
</blockquote>

Jeremy Toeng, Chatham House Financial Director &amp; Lending Advisor

<a href="/guides/off-the-plan-property-buyer-confidence-surges-post-election">In May earlier this year</a>, CBRE’s Andrew Leoncelli also predicted that Q4 would be a good time for developers to take their projects to market, given an uplift in demand for property. It'll be interesting to see how Q3 and Q4 play out, and whether the property market maintains upwards momentum. 

Lead image credit: Daniel Chen
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Is now the best time to buy property? Australia's official cash rate to remain at 1%

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Just two months ago <a href="/news/cedar-woods-lloyd-collins-explains-the-success-of-wyndhams-williams-landing">Urban.com.au reported on the success of Williams Landing’s office building sales</a> – today, we’re taking a look at its booming residential property market.

The mixed-use precinct by <a href="/developers/cedar-woods">Cedar Woods</a> has shown exponential growth across a three-year period with the average property price tipping over $400,000, an increase of 15.4% over three years – which is a substantial return for those who have bought in the early stages of development.

Cedar Woods has approached the project with an emphasis on building quality, sustainable developments with a strong sense of community – which could be one of the key drawcards for buyer investment.

Williams Landing’s recently completed development <a href="/buildings/lancaster-apartments-30-clarke-street-williams-landing">Lancaster Apartments</a>, <a href="/news/williams-landings-third-apartment-building-lancaster-sells-out">sold out in just six months</a>, following two prior sold-out developments – <a href="/buildings/newton-apartments-1-clark-street-williams-landing">Newton</a> and <a href="/buildings/oxford-apartments-2-clark-street-williams-landing">Oxford</a> apartments. All residential developments have been designed by award-winning <a href="/architects/dko-architecture">DKO Architecture</a> and have been primarily popular among first-home-buyers (28%) and investors (58%) due to the affordability of apartments. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/v01_ext_hero_0.jpg" rel="gallery-all" title="Lancaster Apartments exterior. Credit: Cedar Woods"><img alt="" class="image-article-full-width-580px" height="540" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/v01_ext_hero_0.jpg?itok=XLCu9HO8" title="Lancaster Apartments exterior. Credit: Cedar Woods" width="580"></a>

<figcaption>Lancaster Apartments exterior. Credit: Cedar Woods</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/newton_secondary-image-2.jpg" rel="gallery-all" title="Newton Apartments exterior. Credit: Cedar Woods"><img alt="" class="image-article-full-width-580px" height="386" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/newton_secondary-image-2.jpg?itok=7RoWwoms" title="Newton Apartments exterior. Credit: Cedar Woods" width="580"></a>

<figcaption>Newton Apartments exterior. Credit: Cedar Woods</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/oxford-secondary-image-5.jpg" rel="gallery-all" title="Oxford Apartments exterior. Credit: Cedar Woods"><img alt="" class="image-article-full-width-580px" height="388" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/oxford-secondary-image-5.jpg?itok=FSPtb00P" title="Oxford Apartments exterior. Credit: Cedar Woods" width="580"></a>

<figcaption>Oxford Apartments exterior. Credit: Cedar Woods</figcaption></figure><h2>CASE STUDY</h2>

Ela Caglayan, a 23-year-old buyer’s assistant at Target Australia, recently purchased an apartment at Lancaster as a first home buyer, following the establishment of the new Target Australia headquarters within the Williams Landing precinct.

<blockquote>
“I’ve always wanted to live in an apartment. Once Target relocated from Geelong to Williams Landing, I saw the opportunity to finally invest in my first property, which not only suited my lifestyle but was also affordable and allowed me to take advantage of the first homeowners grant.”
</blockquote>

Ela commented that the upward value trend was a major drawcard when making the decision to purchase an apartment,

<blockquote>
“…I also saw strong growth prospects for Williams Landing – the investment was too good to pass on. I’m looking forward to watching the suburb develop.”
</blockquote>

<h2>LOW RENTAL VACANCIES = A GOOD SIGN FOR INVESTORS</h2>

The demand for apartment living has even extended beyond Melbourne’s city and fringe suburbs, with Williams landing maintaining a significantly low rental vacancy rate among investment properties. According to Urbis, apartment rentals have seen a 5.4% increase in the past year.

<blockquote>
“Rental demand is, of course, one of the key indicators of the financial health of investment properties, so we are pleased to see that newly completed apartments are achieving low rental vacancies.”
</blockquote>

Lloyd Collins, Cedar Woods’ state manager

Urbis also reported that investors could achieve a rental yield of 5.2% in the City of Wyndham, which is significantly higher than the Greater Melbourne median which is currently sitting at 4.1%.

<h2>TO KEEP ON YOUR RADAR</h2>

Cedar Woods has previously commented that it has been their mission to deliver high-quality homes at affordable prices within the Williams Landing community, without compromising quality – which could be why each development has managed to sell out at record speed. In April this year, <a href="/news/cedar-woods-announces-new-apartments-for-williams-landing">we announced the precinct's fourth residential development</a>, Lincoln Apartments which are on sale now. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/180829-lincoln_cgi01_exterior-hero_final-jpeg.jpg" rel="gallery-all" title="Lincoln Apartments exterior. Credit: Cedar Woods"><img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/180829-lincoln_cgi01_exterior-hero_final-jpeg.jpg?itok=1AX0or1Z" title="Lincoln Apartments exterior. Credit: Cedar Woods" width="580"></a>

<figcaption>Lincoln Apartments exterior. Credit: Cedar Woods</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/1_12.jpg" rel="gallery-all" title="Lincoln Apartments terrace. Credit: Cedar Woods"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/1_12.jpg?itok=XDJ2EZaK" title="Lincoln Apartments terrace. Credit: Cedar Woods" width="580"></a>

<figcaption>Lincoln Apartments terrace. Credit: Cedar Woods</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2019-09-03_at_4.08.41_pm.png" rel="gallery-all" title="Lincoln Apartments floor plan, one bedroom, one bathroom. Credit: Cedar Woods"><img alt="" class="image-article-full-width-580px" height="589" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-09-03_at_4.08.41_pm.png?itok=ckVvtE-5" title="Lincoln Apartments floor plan, one bedroom, one bathroom. Credit: Cedar Woods" width="580"></a>

<figcaption>Lincoln Apartments floor plan, one bedroom, one bathroom. Credit: Cedar Woods</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2019-09-03_at_4.08.50_pm.png" rel="gallery-all" title="Lincoln Apartments floor plan, two bedroom, one bathroom. Credit: Cedar Woods"><img alt="" class="image-article-full-width-580px" height="496" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-09-03_at_4.08.50_pm.png?itok=3mzz5tbI" title="Lincoln Apartments floor plan, two bedroom, one bathroom. Credit: Cedar Woods" width="580"></a>

<figcaption>Lincoln Apartments floor plan, two bedroom, one bathroom. Credit: Cedar Woods</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2019-09-03_at_4.08.55_pm.png" rel="gallery-all" title="Lincoln Apartments floor plan, two bedroom, two bathroom. Credit: Cedar Woods"><img alt="" class="image-article-full-width-580px" height="458" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-09-03_at_4.08.55_pm.png?itok=AcCRozTx" title="Lincoln Apartments floor plan, two bedroom, two bathroom. Credit: Cedar Woods" width="580"></a>

<figcaption>Lincoln Apartments floor plan, two bedroom, two bathroom. Credit: Cedar Woods</figcaption></figure><h2>WILLIAMS LANDING STATUS UPDATE</h2>

Residential

<ul>
<li>
<a href="/buildings/lancaster-apartments-30-clarke-street-williams-landing">Lancaster Apartments</a> (complete)</li>
	<li>Lincoln Apartments (in progress)</li>
	<li>
<a href="/buildings/newton-apartments-1-clark-street-williams-landing">Newton Apartments</a> (complete)</li>
	<li>
<a href="/buildings/oxford-apartments-2-clark-street-williams-landing">Oxford Apartments</a> (complete)</li>
</ul>
Commercial

<ul>
<li>1 Kendall Street (in progress)</li>
	<li>
<a href="/developments/williams-landing-vic-3027">101 Overton Road</a> (in progress)</li>
	<li>
<a href="/developments/williams-landing-vic-3027">107 Overton Road</a> (in progress)</li>
	<li>
<a href="/news/cedar-woods-first-strata-office-at-williams-landing-sells-out">111 Overton Road</a> (complete)</li>
	<li>
<a href="/developments/williams-landing-vic-3027">95 Overton Road</a> (in progress)</li>
	<li>Target Australia Headquarters (complete)</li>
	<li>Williams Landing Shopping Centre (in progress)</li>
	<li>Williams Landing Town Centre (in progress)</li>
</ul>
Lead image: Lancaster exterior, supplied by Cedar Woods
</body></html>

Solid growth in Melbourne’s west: Williams Landing property values continue to rise 

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Developers <a href="/developers/beulah">Beulah International</a> are constantly pushing the boundaries to deliver refreshing developments to the Australian market – however, their latest development has really caught out attention. <a href="/buildings/890-toorak-road-camberwell">Provenance Camberwell</a> is a boutique collection of ten house-sized residences, situated within the epicentre of Camberwell, in Melbourne’s east. The development is segmented into three residential offerings, with Botanic apartments on level one, Epicure apartments across the middle floor, and Domain apartments on the upper level.

<h2>SPOTLIGHT ON BOTANIC APARTMENTS</h2>

Being situated on the ground floor, means Botanic apartment residents have access to their own private gardens which have been thoughtfully designed by renowned landscape architecture firm Openwork. The focus of the gardens aims to pay homage to the suburb’s leafy streets, while also nurturing a thriving ecosystem, with Openwork’s carefully considered plant selection consisting of high-nectar producing plants to attract birdlife.

Openwork founder Mark Jacques commented that the gardens of Provenance have been designed “as a love letter to the native birds of Melbourne”.

<blockquote>
“The landscape architecture will create a rambunctious native garden and a moment of green dissonance in the urban environment has been specifically designed to express a textural and verdant type of native garden; with the particular ambition of attracting honey and nectar-eating bird life.”
</blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2019-09-03_at_9.09.38_am.png" rel="gallery-all" title="Botanic apartment gardens. Credit: Beulah International"><img alt="" class="image-article-full-width-580px" height="448" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-09-03_at_9.09.38_am.png?itok=SqigcKgN" title="Botanic apartment gardens. Credit: Beulah International" width="580"></a>

<figcaption>Botanic apartment gardens. Credit: Beulah International</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2019-09-03_at_9.08.59_am.png" rel="gallery-all" title="Botanic apartment's open-plan interiors. Credit: Beulah International"><img alt="" class="image-article-full-width-580px" height="275" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-09-03_at_9.08.59_am.png?itok=U3YC2j59" title="Botanic apartment's open-plan interiors. Credit: Beulah International" width="580"></a>

<figcaption>Botanic apartment's open-plan interiors. Credit: Beulah International</figcaption></figure>All four Botanic homes, designed by architecture firm <a href="/architects/fraser-partners-0">Elenberg Fraser</a>, feature timeless, open-plan living areas and a seamless connection to the outdoors, provided by large stacker-slider doors. Each meticulously landscaped garden will contain mature trees, vibrant guinea flowers, sprawling variegated spur flowers and bountiful ‘happy wanderers’, creating luscious sanctuaries, and a respite from urban city living.

<blockquote>
“The gardens will supercharge the character of the building by seeing both the ground plane and balconies as a single and immersive landscape, populated with plants that contribute to local biodiversity by radically increasing the biomass and diversity of the site.”
</blockquote>

Mark Jacques, Openwork Landscape Architects

Beulah International Director Adelene Teh explained that the goal for Provenance was to create spaces where there would be no trade-off on space, comfort or security.

<blockquote>
“Each of the four residences is enveloped in its own sanctuary. It blurs the lines between indoors and outdoors, with floor to ceiling windows, and a courtyard that is ripe with greenery. The space is perfect for those who love to entertain outdoors all year round.”
</blockquote>

Images supplied by Beulah International.

<div class="rtecenter">READ MORE:</div>

<div class="rtecenter"><a href="/news/beulah-international-executive-director-adelene-teh-discusses-the-grounds-of-kew-development">Beulah International Executive Director Adelene Teh discusses The Grounds of Kew development</a></div>

<div class="rtecenter"><a href="/news/beulah-international-submits-planning-application-for-southbank-by-beulah">Beulah International submits planning application for Southbank by Beulah</a></div>
</body></html>

A bird’s paradise: Beulah International collaborate with Openwork Landscape Architects to cultivate a series of ecological gardens

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When purchasing an off-the-plan apartment, one of the first, most important things you can do (beside researching the developer), is to ask to see a comprehensive building material list. Undertaking proper research as to what is being used to construct your future home, will help you make an informed choice about whether the property meets health and wellbeing standards, as well as your lifestyle requirements.

We’ve compiled a guide to help you choose the best flooring, based on factors such as health and safety (including toxicity levels); green/eco value and lifecycle; look and aesthetic; durability and financial value.

<h2>ENGINEERED TIMBER</h2>

What is engineered wood?

Engineered wood can be produced using a wide variety of materials, but the structure is often compared to the wood composition of plywood – slices of wood bonded together using glue. It’s a good idea to look out for a high-quality pure wood composition such as Oak, which has been bonded using low VOC adhesives, rather than a product which comprises of a combination of fibreglass/particle board with a veneer of high-quality wood.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2019-09-02_at_3.26.29_pm.png" rel="gallery-all" title="Engineered wood. Credit: Flooring Supplies"><img alt="" class="image-article-full-width-580px" height="618" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-09-02_at_3.26.29_pm.png?itok=bWeNGDVc" title="Engineered wood. Credit: Flooring Supplies" width="580"></a>

<figcaption>Engineered wood. Credit: <a href="https://www.flooringsupplies.co.uk/realwoodflooring/engineeredwoodflooring/10253/natura_oak_ironbark_driftwood_engineered_wood_flooring">Flooring Supplies</a></figcaption></figure>Pros

<ul>
<li>Easy to install</li>
	<li>Improves resale value</li>
	<li>Ability to re-sand</li>
	<li>Underfloor-heating compatible</li>
	<li>Can be water-resistant</li>
	<li>Ability to source formaldehyde-free/low Volatile Organic Compound (VOC) products</li>
	<li>Looks organic and natural</li>
	<li>Sustainable production</li>
	<li>Relatively cost-effective</li>
	<li>Available in a range of colour stains, wood species and patterns</li>
</ul>
Cons

<ul>
<li>Some engineered timber is poorly made with composite materials</li>
	<li>Risk of off-gassing if purchasing a low-cost replica</li>
	<li>Will show scratches/dents from high heels, pet claws and moving furniture</li>
	<li>Will fade over time</li>
</ul>
<hr>
<h2>SOLID WOOD</h2>

Solid wood is naturally harvested timber floorboards, which are glued or nailed onto a flooring underlay. This is arguably the healthiest flooring option for the home.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2019-09-02_at_3.32.09_pm.png" rel="gallery-all" title="Solid timber floorboards. Credit: Sutton Timber"><img alt="" class="image-article-full-width-580px" height="369" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-09-02_at_3.32.09_pm.png?itok=CE92ybf_" title="Solid timber floorboards. Credit: Sutton Timber" width="580"></a>

<figcaption>Solid timber floorboards. Credit: <a href="https://www.suttontimber.co.uk/products/flooring/solid/oak/">Sutton Timber</a></figcaption></figure>Pros

<ul>
<li>Most natural option</li>
	<li>Ability to opt for recycled wood which is highly sustainable</li>
	<li>Wood breathes providing the home with good ventilation</li>
	<li>Less rigid than concrete and tiles, so nicer to walk on</li>
	<li>One of the healthiest options</li>
	<li>Can be nailed down (meaning no Volatile Organic Compounds (VOCs) from adhesives)</li>
</ul>
Cons

<ul>
<li>Risk of Bora infiltration</li>
	<li>Expensive</li>
	<li>Can rot if not properly treated, and exposed to moisture</li>
	<li>Loud</li>
</ul>
<hr>
<h2>CARPET</h2>

Available in a wide range of products including wool, mixed fibre, sisal, shag pile, Berber and more.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/yann-maignan-rriazfkjpmo-unsplash.jpg" rel="gallery-all" title="Carpet flooring. Credit: Yann Maignan"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/yann-maignan-rriazfkjpmo-unsplash.jpg?itok=U11pdI6h" title="Carpet flooring. Credit: Yann Maignan" width="580"></a>

<figcaption>Carpet flooring. Credit: Yann Maignan</figcaption></figure>Pros

<ul>
<li>100% wool carpet provides warmth </li>
	<li>The most comfortable flooring to walk on</li>
	<li>Acts as a sound barrier</li>
	<li>Relatively cost-effective</li>
	<li>Large range of styles, fabrics and colours to choose from</li>
</ul>
Cons

<ul>
<li>Can retain stains and odours </li>
	<li>A breeding ground for dust mites</li>
	<li>Can require steam cleaning/professional cleaning</li>
	<li>Patterns and styles can date quickly</li>
	<li>Susceptible to allergens</li>
	<li>Can be known to off-gas toxins</li>
	<li>Will need to be replaced quicker than any other type of floor covering</li>
	<li>Carpet wear and tear is often more obvious than wood</li>
</ul>
<hr>
<h2>TILES</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/jason-briscoe-aql-j19ocwe-unsplash.jpg" rel="gallery-all" title="Tile flooring. Credit: Jason Briscoe"><img alt="" class="image-article-full-width-580px" height="870" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/jason-briscoe-aql-j19ocwe-unsplash.jpg?itok=ljVvKw5q" title="Tile flooring. Credit: Jason Briscoe" width="580"></a>

<figcaption>Tile flooring. Credit: Jason Briscoe</figcaption></figure>Pros 

<ul>
<li>Ability to choose from a wider range of styles and colours</li>
	<li>They don't possess chemically active properties (meaning less likely to grow bacteria or spread viruses etc.)</li>
	<li>Durable</li>
	<li>High/low-temperature resistant</li>
	<li>Made from natural materials</li>
	<li>Water and stain-resistant</li>
	<li>Easy maintenance</li>
</ul>
Cons

<ul>
<li>More susceptible to mould in wet areas</li>
	<li>Tiles adapt to the weather, meaning they can become very cold in winter months</li>
	<li>If a tile cracks it can be difficult to replace</li>
	<li>Tiles can be slippery to walk on</li>
</ul>
Tip: Use cement-based grouting to avoid the emission of harmful Volatile Organic Compounds (VOCs)

<hr>
<h2>CONCRETE</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/room-fzrn8fhqpp8-unsplash.jpg" rel="gallery-all" title="Concrete flooring. Credit: Unsplash"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/room-fzrn8fhqpp8-unsplash.jpg?itok=GdliIfS3" title="Concrete flooring. Credit: Unsplash" width="580"></a>

<figcaption>Concrete flooring. Credit: Unsplash</figcaption></figure>Pros

<ul>
<li>No harmful Volatile Organic Compounds (VOCs)</li>
	<li>Cost-effective</li>
	<li>Easy maintenance</li>
	<li>Concrete will last the longest</li>
	<li>Many design and texture options</li>
</ul>
Cons

<ul>
<li>Arguably tough on ankle joints</li>
	<li>Concrete doesn't retain heat very well</li>
	<li>They can be loud</li>
	<li>Not very environmentally friendly to produce</li>
</ul>
<hr>
<h2>PLYWOOD/CORK/MDF/PARTICLEBOARD</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2019-09-02_at_4.59.54_pm.png" rel="gallery-all" title="Particleboard flooring. Credit: Revolution Wood Panels"><img alt="" class="image-article-full-width-580px" height="696" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-09-02_at_4.59.54_pm.png?itok=j3SeKvzE" title="Particleboard flooring. Credit: Revolution Wood Panels" width="580"></a>

<figcaption>Particleboard flooring. Credit: <a href="https://revolutionwoodpanels.com.au/products/particleboard-particleboard-flooring">Revolution Wood Panels</a></figcaption></figure>Pros

<ul>
<li>Very cost-effective</li>
	<li>Flexible and easy to change</li>
</ul>
Cons

<ul>
<li>Often bonded with glues containing high Volatile Organic Compounds (VOCs) and formaldehyde</li>
	<li>Can splinter easily</li>
	<li>Needs revarnishing often</li>
	<li>Aesthetically not as appealing as hardwood floorboards</li>
	<li>Prone to water damage</li>
</ul>
<hr>
<h2>UNDERSTANDING THE LINGO</h2>

What kinds of adhesives and finishing products are found in flooring?

<ul>
<li>Urea-formaldehyde resins (UF)</li>
	<li>Phenol formaldehyde resins (PF)</li>
	<li>Melamine-formaldehyde resins (MF)</li>
	<li>Soy-based glues</li>
	<li>Polyurethane (PU)</li>
</ul>
Soy-based glues and water-based polyurethanes have been noted as some of the better adhesives/varnishes. Formaldehyde should always be avoided.

What to look out for:

<ul>
<li>Forest Stewardship Council certification (FSC)</li>
	<li>The Green Building Council Australia approved
	<ul>
<li>Total VOC &lt; 0.5 mg/m2/hr</li>
		<li>4-Phenylcyclohexene &lt; 0.05 mg/m2/hr</li>
	</ul>
</li>
	<li>A decent warranty (20+ years is ideal)</li>
	<li>Ultra-low/Zero VOC emissions that meet <a href="https://www.cetec.com.au/services/voc-product-rating-schemes">E1 international standards</a>
</li>
	<li>Have the wood factory-finished rather than on-site</li>
	<li>Green Seal-11 certification</li>
</ul>
<hr>
<h2>WHAT TO AVOID</h2>

Vinyl

Vinyl is a non-renewable material derived from petroleum-based chemicals including PVC – which releases highly toxic chemical during manufacturing. Vinyl is notorious for off-gassing due to a concoction of harmful chemicals, such as phthalates, which can emit gas for years after installation. Some older vinyl is even worse, as many have an asbestos backing which makes removal of the vinyl extremely unsafe.

Laminate

Similar to vinyl flooring, Laminate is known to contain formaldehyde – a naturally occurring yet toxic chemical found in many adhesives. Formaldehyde has been found to cause a number of health complications over an extended period of toxic emission exposure. Both vinyl and laminate floorings are also non-biodegradable and melamine-formaldehyde resin cannot break down at the end of the product lifecycle.
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How to choose the right flooring for your off-the-plan apartment

Elenberg Fraser's Vicki Karavasil discusses Market Lane's biophilic design approach

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In response to the market’s need for stricter building product regulation – a collaboration between the Insurance Council Australia, Edge Environment and Comply Flow has brought about a brand-new product and building material rating system known as <a href="https://bpirating.com.au/">Building Product Information Rating</a> (BPI Rating).

Anyone who has been following the news lately would be aware of the building crisis in Australia at present. From structural faults to dangerous cladding, to blurred supply chain transparency – some property experts are even referring to the situation as comparable to the scourge of asbestos. A study undertaken by Deakin and Griffith universities found that 70% of buildings in Australia’s eastern cities built after 2003 were found to have had at least one building defect.

While human error and natural causes can be attributed to the issues that occur within buildings, poorly selected building materials can also contribute to the problem. BPI Ratings aim to provide greater transparency to the market and to give industry professionals and buyers the opportunity to make more informed choices.

By undergoing extensive research as to what the building industry requires and would use, the team behind BPI Rating were able to deliver a product which is already a useful and practical resource.

<blockquote>
“At Edge, we have spent years speaking to clients and attending events where that situation was highlighted as something holding back the industry. So we decided that, rather than wait for someone else to do so, we’d solve it by developing the BPI Rating platform. BPI Rating stands for Building Product Information Rating and is a platform designed to create a home for all that data. 

Our hope is that it will help the industry save time and effort when searching for products with the right credentials, while also providing a clear route for leading suppliers to showcase their wares.”
</blockquote>

Jonas Bengtsson, Chief Executive of Edge Environment

The platform currently features 500 products from over 200 companies, with categories including:

<ul>
<li>Appliances</li>
	<li>Ceiling finishes</li>
	<li>External doors</li>
	<li>External walls</li>
	<li>Floor finishes</li>
	<li>Framing</li>
	<li>Internal walls</li>
	<li>Landscaping</li>
	<li>Mechanical services</li>
	<li>Roofing</li>
	<li>Stairs</li>
	<li>Substructure</li>
	<li>Utilities</li>
	<li>Wall Finishes</li>
	<li>Windows</li>
</ul>
While each product goes through a rigorous research process – the platform aims to remain unbiased by displaying a range of products with varying levels of certification (bare minimum, above average, comprehensive and complete) so that users can compare products. Users will also be able to identify who the manufacturer is, where the product was made, how resilient the material is to different weather conditions, warranty information, environmental impact and more. 

The tool also provides guidance for project teams looking to attain sustainable accreditation for their developments, by displaying a selection of environmentally conscious, certified products.

<figure><img alt="" class="image-article_full_width_580px" height="264" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-08-28_at_4.21.46_pm.png?itok=cYzZ56U4" width="580"></figure><blockquote>
“With BPI Rating you can specifically find products with information on embodied carbon, recycled content, red-listed hazardous substances, and contributing to leading rating tools such as Green Star, WELL and the Living Building Challenge.”
</blockquote>

Jonas Bengtsson, Chief Executive of Edge Environment

Lead image: One Central Park | Credit: Victor Zubakin via <a href="https://www.propertyobserver.com.au/https://www.flickr.com/photos/nikabuz/22462876614">Flickr</a>
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Fast track your development’s sustainability credentials by opting for certified building materials 

<a href="/developments/sydney-nsw">Sydney’s</a> latest development, aptly entitled <a href="/buildings/the-landmark-st-leonards-500-pacific-highway-st-leonards-nsw-2065">The Landmark</a>, has recently embarked on the construction of the towering 43-storey building. The momentous day&nbsp;was celebrated with a symbolic soil turning, with special guests including Lane Cover Council Mayor Pam Palmer and General Manager Craig Wrightson in attendance. With architecture led by A+ Design Group, the structure has been inspired by the fluidity of Sydney’s harbour,&nbsp;depicted in the building’s organic, undulating&nbsp;façade. The Landmark&nbsp;is also set to&nbsp;become the tallest mixed-use residential building on Sydney’s lower North Shore, standing at an impressive 138 metres.

<blockquote>
“This new piece of iconic architecture will redefine the skyline of St Leonards and give a new identity to the area. We are excited to open a new chapter and to see this life-changing project taking shape. Our architectural vision is becoming a reality.”
</blockquote>

Tony Leung, CEO of A+ Design Group

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2019-08-27_at_4.17.30_pm.png" rel="gallery-all" title="The soil turning ceremony at The Landmark site at St Leonards."><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="385" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-08-27_at_4.17.30_pm.png?itok=HjBMhSd6" title="The soil turning ceremony at The Landmark site at St Leonards." width="580" /></a>

<figcaption>The soil turning ceremony at The Landmark site at St Leonards.</figcaption>
</figure>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2019-08-27_at_4.17.53_pm.png" rel="gallery-all" title="Aerial view of the site."><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="384" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-08-27_at_4.17.53_pm.png?itok=9cabvmYh" title="Aerial view of the site." width="580" /></a>

<figcaption>Aerial view of the site.</figcaption>
</figure>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2019-08-27_at_4.11.00_pm.png" rel="gallery-all" title="The Landmark exterior render. "><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="321" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-08-27_at_4.11.00_pm.png?itok=fisMbJbL" title="The Landmark exterior render. " width="580" /></a>

<figcaption>The Landmark exterior render.</figcaption>
</figure>

A+ Design Group have worked with the Lane Cove Council since the initial master planning stages, to ensure the design is carefully considered, and well thought out.

<blockquote>
“We are pleased to be working in collaboration with Hutchinson Builders and Warren &amp; Mahoney’s project teams… A+ Design Group are honoured to be appointed as Design Guardian, to ensure design intent and quality standards of the project are met throughout construction.”
</blockquote>

Tony Leung, CEO of A+ Design Group

The Landmark's residents will enjoy spectacular views of Sydney's&nbsp;harbour, including iconic landmarks such as the Sydney Harbour Bridge and the Sydney Opera House. Once built, residents will have access to 5-star resort-style amenities including a luxurious swimming pool, well-equipped music room, sky terrace, a business centre, children’s play centre, an on-site library, private dining room, virtual golf course and state-of-the-art cinema.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2019-08-27_at_4.08.23_pm.png" rel="gallery-all" title="On-site music room."><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="356" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-08-27_at_4.08.23_pm.png?itok=46JjWL3Z" title="On-site music room." width="580" /></a>

<figcaption>On-site music room.</figcaption>
</figure>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2019-08-27_at_4.08.13_pm.png" rel="gallery-all" title="Movie theatre available for resident use."><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="357" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-08-27_at_4.08.13_pm.png?itok=LlE4zJ-t" title="Movie theatre available for resident use." width="580" /></a>

<figcaption>Movie theatre available for resident use.</figcaption>
</figure>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2019-08-27_at_4.14.37_pm.png" rel="gallery-all" title="The Landmark's indoor pool."><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="320" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-08-27_at_4.14.37_pm.png?itok=5cdtAYud" title="The Landmark's indoor pool." width="580" /></a>

<figcaption>The Landmark's indoor pool.</figcaption>
</figure>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2019-08-27_at_4.14.55_pm.png" rel="gallery-all" title="The Landmark's Sky Lounge."><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="287" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-08-27_at_4.14.55_pm.png?itok=XYQklkKJ" title="The Landmark's Sky Lounge." width="580" /></a>

<figcaption>The Landmark's Sky Lounge.</figcaption>
</figure>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2019-08-27_at_4.14.47_pm.png" rel="gallery-all" title="Virtual golf course."><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="315" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-08-27_at_4.14.47_pm.png?itok=T6gRnJ7w" title="Virtual golf course." width="580" /></a>

<figcaption>Virtual golf course.</figcaption>
</figure>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2019-08-27_at_4.14.23_pm_0.png" rel="gallery-all" title="Children's play area."><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="359" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-08-27_at_4.14.23_pm_0.png?itok=zfHiF9he" title="Children's play area." width="580" /></a>

<figcaption>Children's play area.</figcaption>
</figure>

The development is slated for completion by 2022.

St Leonards' new 43-storey tower 'The Landmark' commences construction

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There’s a reason why property investment for many Australians is considered a full-time job. There are a number of responsibilities which fall on the property owner to take care of, as well as costs they must absorb. From preventative maintenance to value-enhancing improvements, this kind of work comes with a significant price tag, but thanks to the Australian Taxation Office, a number of these outgoing costs are tax-deductible.

<blockquote>
“Most small landlords can deduct up to $25,000 in rental property losses each year.”
</blockquote>

- Nolo, <a href="https://www.nolo.com/legal-encyclopedia/top-ten-tax-deductions-landlords-29497">Top Ten Tax Deductions for Landlords</a>

Here are the 18 ongoing costs associated with owning a rental property, and what you can claim the tax back on according to the Australian Tax Office <a href="https://www.ato.gov.au/uploadedFiles/Content/IND/downloads/Rental-properties-2019.pdf">expense deduction list for 2019</a>*.

*Please note this list is subject to change, so checking the ATO website or consulting with an accountant is always advised.

1. Property agent's fees and commissions (tax-deductible)

To have your property managed by a real estate company can cost you a substantial amount, and there’s no “fixed rate” management fee. Commissions vary by state and often range from 5% to around 20%, and other costs can include letting fees, marketing fees, lease renewal fees, inspection fees and more. To give a rough estimate, a property which leases for $400 per week at a 7% commission would be around $30 commission. 

2. Building and Contents insurance + Public liability (tax-deductible)

According to Canstar Research, insurance premiums would range from $297 - $689 for a townhouse to $1,101 - $4,330 for a detached dwelling, based on an annual premium rate with a $500 excess. House insurance claims cover fire, theft and flood, while landlord liability claims can include, loss of rental income, malicious or accidental damage, water damage and the passing of a tenant.

3. Council rates (tax-deductible)

Council Rates are calculated by taking your property’s current valuation and multiplying it by the rate in the dollar.

Here is an example by <a href="http://knowyourcouncil.vic.gov.au/guide-to-councils/finance-and-planning/rates-and-charges">Victoria Council</a>:

If the Capital Improved Value of a property is $250,000 and the council rate in the dollar is set at 0.0042 cents, the rate bill would be $1050 ($250,000 x 0.0042)

4. Bank fees (some may be tax-deductible)

For a principal + interest home loan, only the interest can be tax-deductible, not the principle. Want to find out more about choosing the right home loan? <a href="/guides/2019/06/17/urbans-first-home-buyer-guide">This article</a> should help. 

5. Pest control (tax-deductible)

No matter how small the pest, the cost to eliminate the problem can set you back $130 for a one-off visit, to around $700+, depending on the service. If left unattended the pest infestation can quickly spiral out of control and become more difficult to treat.

6. General repairs and maintenance (tax-deductible)

General maintenance including repainting a ceiling, fixing a fence or steam cleaning the carpets is essential to ensure your house remains maintained to a decent standard and to ensure the safety, happiness and wellbeing of your tenants. In some cases, asbestos removal may be considered a 'deductible repair' despite the extensive nature of the work required. This is because it may be classed as an 'environmental protection activity' – so definitely one worth looking into to ensure your property is safe for your tenants. 

Tip from ATO: It's also a good idea to find out whether the company or service you use has a registered ABN. If not, you will be required to withhold 47% to be paid as tax. 

Interested to learn more about what to look out for when you visit your rental property next? <a href="/guides/2019/06/24/own-rental-property-here-are-14-things-to-check-to-avoid-major-problems-in-future">Here are 14 things to check to avoid major problems in future.</a>

7. Cleaning (tax-deductible)

The average cost of house cleaning in Australia can cost between $60 - $90 per hour for a 'deep clean' which is generally required in between tenancies. According to the ATO, this cost is usually tax-deductible. 

8. Interest on loans (tax-deductible)

If you have taken out a home loan to buy your rental property and it is being rented, then you may be eligible to claim the interest charged on the loan. The criteria are strict as the ATO want to ensure homeowners are not living in their property or using it for personal reasons such as refinancing etc. 

9. Renovation (generally not tax-deductible)

Renovations in the rental world are considered by the ATO to be 'of a capital nature' – meaning structural enhancements such as extending and altering the home; updating the kitchen/bathroom; pre-existing remedial work that was required before you acquired the property etc. are not tax-deductible, but are often essential. For example, if there is a room in the house which does not receive sufficient light, then it might pay off to have a window installed (at a cost to you) to avoid mould/dampness issues and poor ventilation in future. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/rhema-kallianpur-jbj-_hw2yag-unsplash.jpg" rel="gallery-all" title="Credit: Rhema Kallianpur"><img alt="" class="image-article-full-width-580px" height="923" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/rhema-kallianpur-jbj-_hw2yag-unsplash.jpg?itok=MeJs_iYJ" title="Credit: Rhema Kallianpur" width="580"></a>

<figcaption>Credit: Rhema Kallianpur</figcaption></figure>10. Painting (tax-deductible)

Service maintenance work when required can sometimes be a tax-deductible expense.

11. Electrician fees (tax-deductible)

Average hourly rates by state (excluding the call-out fee) according to <a href="http://ServiceSeeking.com.au">ServiceSeeking.com.au</a>:

<table border="1" cellpadding="1" cellspacing="1" style="width:500px;"><tbody>
<tr>
<td>WA                  </td>
			<td>$92.01 per hour</td>
		</tr>
<tr>
<td>NSW</td>
			<td>$80.86 per hour</td>
		</tr>
<tr>
<td>VIC</td>
			<td>$79.31 per hour</td>
		</tr>
<tr>
<td>QLD</td>
			<td>$77.83 per hour</td>
		</tr>
<tr>
<td>ACT</td>
			<td>$77.73 per hour</td>
		</tr>
<tr>
<td>SA</td>
			<td>$76.26 per hour</td>
		</tr>
</tbody></table>
12. Plumber fees (tax-deductible)

The average rate for typical plumbing services according to <a href="https://www.serviceseeking.com.au/blog/cost-of-plumbing/">ServiceSeeking.com.au</a>:

<table border="1" cellpadding="1" cellspacing="1" style="width:500px;"><tbody>
<tr>
<td>Install a bathroom vanity</td>
			<td>$160</td>
		</tr>
<tr>
<td>Replace a broken tap</td>
			<td>$120</td>
		</tr>
<tr>
<td>Fix a leaking pipe</td>
			<td>$180</td>
		</tr>
<tr>
<td>Replace a broken toilet</td>
			<td>$150</td>
		</tr>
<tr>
<td>Unclog a drain</td>
			<td>$150</td>
		</tr>
<tr>
<td>Unclog a toilet</td>
			<td>$120</td>
		</tr>
</tbody></table>
13. Grounds maintenance including gardening and lawn mowing (tax-deductible)

According to <a href="https://www.airtasker.com/gardening/garden-maintenance/price/how-much-does-garden-maintenance-cost/">Air Tasker</a>, a gardener can cost between $50 - $300 per hour, while a lawn mower can cost $40-$50 an hour. 

14. Replacing furniture, carpets, curtains (generally not tax-deductible)

Prior to 2017, replacing items which tend to depreciate over time such as air-conditioning units, carpets, appliances, furniture was tax-deductible. Today, any items which were already part of an existing property that was purchased after May 9th 2017, will have to be covered by the landlord and is no longer tax-deductible.

15. Travel to visit your investment property (generally not tax-deductible)

Every time you visit your property – whether it’s for maintenance, inspections or viewings, it’s costing you money in transport (unless you live within walking distance). These costs used to be tax-deductible up until July 2017, however now this is a bill absorbed by the property owner.

16. Dealing with issues such as mould, leaks, draughts (sometimes tax-deductible)

<a href="https://www.homeadvisor.com/cost/environmental-safety/remove-mold-and-toxic-materials/">Home Advisor</a> states that mould removal can cost anywhere between $50 to $6,000 depending on the square footage of the mould, and other contributing factors. Similarly, a leaky roof – if not repaired immediately, <a href="https://www.familyhandyman.com/roof/should-i-replace-my-roof-here-are-21-things-to-consider/">can lead to major structural damage</a>, which could end up costing thousands to fix. These issues are all important factors that need to be addressed as soon as the problem occurs to avoid major damage in future. It's always beneficial to respond to your tenant's concerns as soon as they arise.

17. Advertising for tenants (tax-deductible)

Advertising involves a number of different components which all incur cost:

<ul>
<li>Photography</li>
	<li>Copywriting</li>
	<li>Social media marketing spend</li>
	<li>Physical signage</li>
	<li>Newspaper/magazine inclusion</li>
</ul>
However, having your property marketed professionally can sometimes help your rental property gain tenants quicker. 

18. Legal fees (sometimes tax-deductible)

Legal fees are treated on a case-by-case basis as they all vary to some degree, therefore making it challenging to form a clear cut checklist. However, if you do incur legal fees from owning a rental property, it would be worth checking with the ATO to see if your expense is eligible for deduction.

For more information and to find out which expenses you are able to claim, visit <a href="https://www.ato.gov.au/uploadedFiles/Content/IND/downloads/Rental-properties-2019.pdf">ato.gov.au</a>

Lead image: Luke van Zyl 
</body></html>

18 ongoing rental property costs (and which ones are tax-deductible)

<a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> has lodged plans for a $750 million, three-tower mixed-use precinct that would complete the long-running redevelopment of Carlton's former Carlton United Breweries site.

The proposal at <a href="https://www.apartments.com.au/new-apartments/185-195-queensberry-street-carlton-vic-3053">46-78 Bouverie Street and 185-195 Queensberry Street</a> spans a 6,468 sqm site, the last remaining undeveloped parcels within the former brewery's 2007 masterplan.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the development will comprise two purpose-built student accommodation towers and a third build-to-sell apartment tower above a shared commercial podium and basement.

Across the three towers, SP Setia is proposing 606 build-to-sell apartments and 1,499 student accommodation units containing 2,009 beds.

The apartments will sit in the tallest tower, which will rise nearly 200m and 55 storeys. It will become&nbsp;one of the more substantial new build-to-sell apartment projects at the northern edge of Melbourne's CBD.

The apartment mix is weighted toward smaller inner-city product, with 188 studios, 206 one-bedroom apartments, 192 two-bedroom apartments and 20 three-bedroom apartments

<img alt="First look: SP Setia plans three-tower finale for Carlton’s former CUB precinct" data-entity-type="file" data-entity-uuid="8271bc87-1b0a-41b7-ac73-a425ee375261" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/3_2.png?VersionId=G4lw23o90B1boX4k4dj7rdz2ZEajS9wy" />

Part of the precinct will be a large-scale&nbsp;3,684 sqm supermarket and a further 2,198 sqm of speciality retail, creating close to 5,900 sqm of new commercial space within the precinct.

But one of the biggest components of the proposal is what sits between the buildings.

Around 4,650 sqm, or roughly 72 per cent of the site, will be publicly accessible open space, incorporating plazas, pedestrian connections, landscaped laneways and retail spill-out areas.

The ground plane is intended to finally complete pedestrian connections envisaged when the CUB masterplan was first approved nearly two decades ago, stitching together Victoria Street, Queensberry Street, Bouverie Street and Swanston Street through the former brewery precinct.

Urbis said the development would "complete the CUB precinct", with the public realm providing important north-south and east-west connections through what is currently the final undeveloped portion of the masterplanned site.

SP Setia is also exploring a new linear park within the Bouverie Street road reserve, with the concept to be developed further with the City of Melbourne through the planning process.

The proposal is being pursued through the Victorian Government's Development Facilitation Program under Clause 53.23 for significant residential development with affordable housing.

The planning report acknowledges the proposed heights exceed those contemplated under the original Comprehensive Development Plan and masterplan, but argues the built-form context has changed considerably over the past two decades.

Urbis said the three towers would instead create a stepped transition between Carlton and the Hoddle Grid, rising progressively from the 94.1-metre Tower One along the Queensberry Street edge to the 199.44-metre Tower Three closer to the established CBD-scale buildings to the south.

<img alt="SP Setia" data-entity-type="file" data-entity-uuid="e885a07a-592c-40fc-bf82-e6dbaf32da54" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.52.24%E2%80%AFAM.png?VersionId=7s_ErUkSKAdY1mAWp3GRZgMNCGtwhk5m" />

SP Setia plans to deliver the development across three stages.

Stage One would deliver the basement, podium and retail areas for the entire precinct alongside the first student tower. Tower Two would follow in Stage Two, before the 606-apartment Tower Three is delivered as the final stage.

If approved and delivered, the project would close out a redevelopment process that has been underway since the former brewery masterplan was approved in 2007, adding more than 2,600 student beds and apartments to a precinct already home to Swanston Central, the Barak Building, RMIT Design Hub and several large student accommodation developments.

&nbsp;

&nbsp;

Joel Robinson

SP Setia plans three-tower finale for Carlton’s former CUB precinct

Melbourne developer Lowe Living is seeking to add to its growing bayside apartment pipeline, filing plans for a boutique eight-residence development in tightly held Middle Park.

Lowe Living, which has built much of its development portfolio across Melbourne's affluent bayside and south-east suburbs, is behind the plans for the 730 sqm site at <a href="https://www.apartments.com.au/new-apartments/123-125-erskine-street-middle-park-vic-3206">123-125 Erskine Street</a>, just off Armstrong Street and within the Armstrong Street Neighbourhood Activity Centre.

The developer is seeking approval for a five-storey residential building above two basement levels, with just eight large-format apartments and 18 car spaces.

“This is a deliberately very different proposition for us,"&nbsp;Tim Lowe, Co-Founder of Lowe Living, said.

"Eight residences is exceptionally boutique, but that's precisely what this site calls for.

“There is a strong community in Middle Park and the surrounding suburbs who have spent decades building a life here. They no longer want the maintenance of a large period home, but they aren't prepared to compromise on space, quality or location. We think there is a real opportunity to capture that hyper local market. A site like this rarely comes to market.”

<img alt="Lowe " data-entity-type="file" data-entity-uuid="875fe572-0f14-4d90-9e11-55b28dd07731" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.42.49%E2%80%AFAM.png?VersionId=GDNQRv9BfpR9r1zkZ5UDyUM4ZvpIksut" />

The low-density proposal has been designed by Cera Stribley and is being progressed through the Victorian Government's Great Design Fast Track pathway, having already secured eligibility from the Minister for Planning.

The Office of the Victorian Government Architect supported its eligibility after finding the proposal demonstrated consistency with the program's seven design principles, while the project's financial feasibility has also been independently confirmed by Invest Victoria.

The project is targeting the downsizer market, with the planning documents describing the homes as larger-format residences and noting the two penthouses could otherwise have been configured as four separate apartments.

<img alt="Lowe 2" data-entity-type="file" data-entity-uuid="60ab0987-2da6-4175-adac-315dcf6053c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.15%E2%80%AFAM.png?VersionId=bOCPH0B2MFwlmaRW.TTCF9TzyifgVoQI" />

The site has dual frontage to Erskine Street and Canterbury Place and currently comprises a collection of commercial buildings used as offices, including a former heritage bakehouse, a former stable, a later gabled addition and a central courtyard.

It sits within the Commercial 1 Zone and the Armstrong Street Commercial Precinct heritage overlay, with the existing property classified as a contributory heritage place.

Heritage has subsequently played a significant role in Cera Stribley's design.

The front section of the former bakehouse facing Erskine Street will be retained, including its return walls, street-facing hipped roof and chimneys, while the Erskine Street façade and part of the western return wall of the former stable will also be incorporated into the new development.

Levels four and five will be set back five metres from the retained stable façade, while bricks removed through demolition are proposed to be salvaged and reused within the new building where possible.

<img alt="Lowe 3" data-entity-type="file" data-entity-uuid="e97927a9-a2de-4a0f-83b6-65451238abfa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.06%E2%80%AFAM.png?VersionId=VR44AChLrX9q1XPB9GvVQV.ALXXbe4gC" />

Rather than presenting as a single five-storey building to Erskine Street, Cera Stribley has broken the development into a series of distinct forms.

A three-storey infill element will sit between the retained bakehouse and stable façades, with the upper levels recessed behind the heritage fabric. Canterbury Place will similarly feature two three-storey podium forms, separated by a central pedestrian accessway, before the upper two levels step back from the street.

A pedestrian through-link will run through the centre of the project between Erskine Street and Canterbury Place, creating entrances from both sides of the site and introducing landscaping and communal areas through the ground plane.

Landscape architect Acre has designed planting across the ground level, private terraces and upper levels, including a feature canopy tree at level three and integrated planting and arbours across the level four terraces. Five existing Erskine Street trees are proposed to be retained.

Sustainability is also a significant component of the Great Design Fast Track application. The apartments are targeting an average eight-star NatHERS rating, with no residence below 6.5 stars, while the project has achieved a 75 per cent BESS score. Seven of the eight apartments are designed for cross-ventilation, with the remaining residence using mechanically assisted natural ventilation.

The plans also incorporate an 8kWp rooftop solar system, a 5,000-litre rainwater tank and infrastructure allowing future electric vehicle charging for every residence.

Lowe has a strong portfolio across Melbourne's blue-chip suburbs. They recently launched <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House by Lowe Living</a> in Camberwell, their first development in the Stonnington LGA.

Lowe Living unveils Middle Park apartment development

Article summary

<ul data-end="888" data-start="289">
	<li data-end="442" data-section-id="8tsh6o" data-start="289">DVB Projects is preparing to launch its second Gold Coast apartment development, with demolition now underway at 137 Old Burleigh Road, Broadbeach.</li>
	<li data-end="573" data-section-id="1nyxl3e" data-start="443">The 34-level tower will comprise just 49 ultra-luxury residences, including half-floor, full-floor and penthouse apartments.</li>
	<li data-end="717" data-section-id="oiyimj" data-start="574">The launch follows strong demand at DVB's nearby Sea Glass project, which is more than 50 per cent sold and currently under construction.</li>
	<li data-end="888" data-section-id="epk9o9" data-start="718">The development adds to the transformation of Old Burleigh Road, with premium beachfront apartment projects continuing to reshape the tightly held Broadbeach strip.</li>
</ul>

<a href="https://www.apartments.com.au/developers/dvb-projects">DVB Projects</a> is preparing to launch its second Gold Coast apartment development, with demolition now underway on the Broadbeach site as the Sydney developer moves closer to bringing the ultra-luxury project to market.

The 34-level tower at <a href="https://www.apartments.com.au/new-apartments/137-old-burleigh-road-broadbeach-qld-4218">137 Old Burleigh Road</a> will comprise just 49 residences, ranging from half-floor apartments through to full-floor homes and a penthouse. The launch follows the strong sales performance of DVB's nearby Sea Glass development. More than half of the apartments at Sea Glass, on the other side of Broadbeach, have been snapped up, well ahead of its late 2027 completion

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="2944b4be-c84e-4b54-8dc1-c712e76704c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E02_Exterior_Street%20Level%20Entrance.jpg?VersionId=YoNig7pRdrE3HCue7sUj78LzJteeQf3H" />

The start of demolition at 137 Old Burleigh Road signals DVB Projects’ underlying confidence in the Gold Coast’s luxury beachside apartment sector.

“We see the Gold Coast as one of the most compelling lifestyle markets in Australia, particularly at the premium end where demand continues to deepen,” said Dean Brown, Managing Director of DVB.&nbsp;

“This project has been carefully designed to respond to that demand - delivering large-format residences with a level of quality, privacy and amenity that is still relatively rare in the apartment market on the beachside."

Brown says the site itself is "exceptional."

"Old Burleigh Road is one of the most tightly held beachfront strips, and opportunities to deliver a project of this scale and calibre in this location are extremely limited.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="398f377a-c037-455e-9250-0c5e0d84c35b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/I12_FF%20Balcony.jpg?VersionId=NwOiRWGMubR1c8wthuEfggklcja7al9." />

The project will comprise 40 half-floor residences of approximately 260 sqm, alongside eight full-floor residences spanning around 524 sqm.

A single penthouse will crown the building, featuring a private pool, barbecue area, indoor gym and dedicated entertaining spaces.

Residents will have access to a resort-style suite of amenities, including a 20-metre pool with daybeds, a gymnasium, hot and cold plunge pools, a sauna, and private residents’ lounge and dining facilities.

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="d1642bb0-9a66-4427-a022-dfc0988c6287" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A02_Pool%20to%20View.jpg?VersionId=c0IXPyn_Gp_Kn3XCwzMrqIVkAdCEwVXP" />

Sales agent Todd Matheson, of <a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a>, which is marketing both 137 Old Burleigh Road and Sea Glass, said 137 Old Burleigh Road would address a clear gap in the market for genuine luxury products.

“There are very few opportunities on the Gold Coast where buyers can secure a residence of this size and quality in a new building,” Matheson said.

“What we’re seeing is a growing cohort of downsizers and interstate buyers who still want space - they’re not willing to compromise on living area, entertaining or finishes.

“This project has been designed with that buyer in mind. It offers the scale of a home, combined with the convenience and security of apartment living, in one of the coast’s most desirable positions.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="59aae0ca-5639-4320-8aca-d0bf60f48e43" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E01_Exterior%20Hero.jpg?VersionId=DS8Zfy2WtgUEtdfe0TEUuf1W1GfcZq8S" />

Located on a 1,156 sqm site one block from the beachfront, the development will replace an ageing walk-up building and is expected to contribute to the ongoing transformation of the Old Burleigh Road strip into one of the Gold Coast’s most prestigious residential corridors.

With the development moving into the delivery phase, 137 Old Burleigh Road is slated to hit the market later this year.

[smartcode_project_cta:default project_id=145141]

DVB Projects to launch second Broadbeach apartment tower as demolition commences

<a data-end="327" data-is-only-node="" data-start="250" href="https://www.apartments.com.au/developers/norus-projects" rel="noopener" target="_new">Norus Developments</a> has lodged plans for a new apartment development in Clayton that would add further momentum to the suburb's emerging Green Street corridor.

Plans have been lodged for the consolidated site at <a href="https://www.apartments.com.au/new-apartments/1359-1365-centre-road-clayton-vic-3168">1359-1365 Centre Road</a>, where Norus is seeking approval for 218 apartments across a 12-storey apartment building designed by <a href="https://www.apartments.com.au/architects/life-architecture-and-urban-design">Life Architecture</a>.

The proposal sits within the Clayton Major Activity Centre at the threshold of the planned Green Street corridor, a landscaped pedestrian connection intended to improve links through the precinct towards Clayton Railway Station.

The development would replace the site's existing collection of low-scale residential and commercial buildings with a single consolidated building, introducing significantly greater housing density to this part of Centre Road.

A retail tenancy is proposed at ground level to activate the Centre Road frontage, accompanied by transparent street interfaces and landscaping intended to create a more pedestrian-focused edge to the development.

<img alt="First look: Norus Developments plans landscape-led apartment project for Clayton’s emerging Green Street" data-entity-type="file" data-entity-uuid="0a5a763a-d9e9-4253-af2f-88008de27ebf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Clayton%20a.png?VersionId=S2WJJbat1XVkZwB9SnYtygirXgWHiklX" />

The building has been designed with stepped massing and upper-level setbacks to manage its transition towards surrounding residential properties. The planning report describes the approach as one that integrates the building into the landscape rather than treating landscaping as a secondary element.

"A strong landscape and public realm strategy underpins the proposal," Urbis states in the planning report.

"Public benefits include an affordable housing contribution, a new pocket park, generous landscaped setbacks, deep soil planting and integrated Water Sensitive Urban Design."

The report adds that these elements are intended to create "a permeable, pedestrian-focused ground plane that enhances walkability, supports urban cooling and reinforces the emerging Green Street character."

Biophilic and passive design principles extend through the residential levels, with planting, daylight, natural ventilation and views towards landscaped areas forming part of the amenity strategy.

Parking would be concentrated away from the public realm, with 145 car spaces proposed from the rear laneway rather than dominating the Centre Road frontage.

The proposal follows an extensive pre-application process with the City of Monash. Three formal meetings were held between the project team and Council from December 2025 to March 2026, with the scheme evolving through several concept iterations before the current design was lodged.

The project arrives as Clayton prepares for substantial change around its established activity centre and the wider Suburban Rail Loop precinct. Its position on Centre Road places the development within an existing concentration of shops, services and public transport, while the Green Street connection is intended to strengthen pedestrian access towards Clayton Railway Station.

First look: Norus plans landscape-led apartment project for Clayton’s emerging Green Street

<a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> has officially commenced construction on Bronze on Chevron, celebrating the sod turning of its first-ever Gold Coast development and marking a significant milestone in the company's continued expansion across South East Queensland.&nbsp;

Following the successful delivery of premium residential developments throughout Brisbane and the Sunshine Coast, <a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-chevron-island-qld-4217">Bronze on Chevron</a> represents Gardner Vaughan Group's entry into the Gold Coast market. Bronze will deliver 119 one, two, three and four-bedroom apartments above two ground-level retail tenancies.

[smartcode_project:default project_id=107520 project_image_fid=367193]

The recent sod turning ceremony was attended by Deputy Mayor Mark Hammel, President of the Surfers Paradise Surf Life Saving Club, Cassandra Sedgman, project consultants, purchasers, project partners and invited guests to celebrate the commencement of construction.&nbsp;

Gardner Vaughan Group Chief Executive Officer Simon Betteridge said Bronze on Chevron represented an exciting new chapter for the business.&nbsp;

"We've spent almost four decades building homes that respond to the way people want to live, and we're excited to bring that experience to <a href="https://www.apartments.com.au/developments/chevron-island-qld-4217">Chevron Island</a>," Betteridge said.

"Bronze on Chevron is particularly significant because it marks Gardner Vaughan Group's first development on the Gold Coast following many successful projects across Brisbane and the Sunshine Coast."

[smartcode_project:default project_id=107520 project_image_fid=367183]

Betteridge said the ground breaking is a proud moment for the&nbsp;team and their purchasers, who can now see their future homes beginning to take shape.&nbsp;

"As both developer and builder, we're able to oversee every aspect of the project from design through to construction, ensuring the quality and attention to detail Gardner Vaughan Group has become renowned for."&nbsp;

Designed by acclaimed architectural practice <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, Bronze on Chevron has been thoughtfully designed to complement Chevron Island's evolving streetscape while embracing its relaxed coastal lifestyle.

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029.&nbsp;

[smartcode_project_cta:default project_id=107520]

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029

Olivia Round

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