Brisbane’s riverfront is about to welcome Queensland’s most ambitious wellness living precinct, with <a href="https://www.apartments.com.au/developers/kokoda-property">Kokoda Property Group</a> unveiling nearly 12,000 sqm of dedicated health, fitness and social amenity within its $1.5 billion Teneriffe Banks development, the largest of its kind in the state.&nbsp;

Australia is now the four largest market in the USD 584 billion Global Wellness Real Estate sector, and <a href="https://www.apartments.com.au/new-apartments/teneriffe-banks-17-27-skyring-terrace-teneriffe-qld-4005">Teneriffe Banks</a> is setting the benchmark locally, offering residents a complete lifestyle precinct that balances wellness, community and luxury.

From rooftop wellness retreats and 5-star co-working spaces to curated retail and dining, lush green spaces and riverfront walkways, the development has been designed as an ecosystem for modern living. Community gardens, a riverfront amphitheatre and community centre further anchor Teneriffe Banks as a destination that connects residents and the wider community in a way Brisbane has never seen before.&nbsp;

Each of the four residential buildings offers an expansive rooftop retreat featuring infinity pools, mineral plunge pools, hydrotherapy zones, and steam and sauna suites. These spa-level amenities eliminate the need for external memberships, seamlessly integrating exercise, recovery and relaxation into daily life.&nbsp;

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Residents of Teneriffe Banks will enjoy exclusive access to The Canopy Club, one of Brisbane’s largest private members' venues. Drawing inspiration from international icons like Soho House but uniquely tailored for Brisbane, the club will feature private dining rooms, a wine cellar and tasting lounge, library, cinema, sports simulator and five-star work spaces, overlooking the Brisbane River.&nbsp;

Complementing this lifestyle is Banks Athletic, a private, residents-only health club offering personalised fitness and holistic wellness programs.

The precinct will also be home to Brisbane’s first five-star Kimpton Hotel Urban Resort, offering guests access to a luxury spa, a fitness centre, signature restaurants, pool club, rooftop cocktail bar and large-scale event spaces. Also forming part of the masterplan is a proposed reimagined marina and landscaped green spaces and gardens among a curated collection of waterfront restaurants, laneway cafes, and boutiques — creating a complete live, work, play lifestyle.&nbsp;

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A recent report by Global Wellness Institute found Australia boasts one of the world’s fastest-growing wellness economies, growing at an annual rate of 7.5 per cent from 2019-2023.

“Luxury living today is about more than just design, it is about how well a place supports mind, body and connection,” said Kokoda Property Group Founder and Managing Director, Mark Stevens.

“With Australia now ranked among the world’s top five global wellness real estate markets, Teneriffe Banks has been designed to meet that growing demand. By blending curated wellness spaces with riverfront greenery and vibrant community amenities, the precinct will set a new benchmark for holistic urban living.”&nbsp;

Stephens said that wellness-focused design is resonating strongly with downsizers and lifestyle-driven buyers alike.&nbsp;

“We’re seeing overwhelming interest from buyers who are drawn to the idea of expansive amenity beyond their own residence, particularly those seeking space without the upkeep. The ability to enjoy a sunrise coffee by the rooftop pool, or build movement and recovery into their daily routine without leaving home, is a drawcard. Low maintenance, high impact living is what today’s market is looking for, and that’s exactly what Teneriffe Banks delivers."

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Set across five architecturally distinct buildings, Teneriffe Banks will deliver over 200 residences, ranging from apartments to modern penthouse residences and woolstore-inspired lofts, each crafted by <a href="https://www.apartments.com.au/architects/studio-mccue">Studio McCue</a>, in collaboration with <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker Architects</a> and <a href="https://www.apartments.com.au/architects/carr-design">Carr</a>.&nbsp;

Further reflecting its commitment to fostering an active, connected lifestyle along the river, Teneriffe Banks is now the naming partner of the Brisbane Marathon Pacers, now known as the ‘Tenerrife Banks Pacers’. The Brisbane Marathon hosts over 10,000 participants from around the world and is only growing in size.&nbsp;

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Joel Robinson

Kokoda's Teneriffe Banks introduces Queensland’s largest residential wellness offering

Summary:&nbsp;

<ul type="disc">
	<li>A new&nbsp;Golden Age Cinema&nbsp;with multiple screens and creative performance spaces</li>
	<li>Approximately&nbsp;60 metres of retail frontage&nbsp;along Oxford Street for small-scale, street-activating businesses</li>
	<li>53 apartments, including 15 affordable housing apartments</li>
	<li>Landscaped public connections between South Dowling and Verona streets, improving walkability and accessibility.</li>
</ul>

<hr />
&nbsp; 
Developer WT Malouf has confirmed plans to transform the much-loved Verona Cinema site on Oxford Street in&nbsp; Paddington into a new mixed-use destination centred on culture, creativity and community.

The proposal, a State Significant Development Application (SSDA), will deliver a balanced mix of uses including 53 apartments, including 15 affordable, a new Golden Age Cinema with multiple screens and creative performance spaces, and several small-scale, street-activating businesses across its 60 metres of retail frontage.

The development will retain the Verona’s iconic brick façade, recognising the building’s role in Paddington’s cultural life for nearly three decades.

<img alt="Verona" data-entity-type="file" data-entity-uuid="efed0828-5cc4-4d77-a6df-83e7fa5d24ea" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-03%20at%209.19.31%E2%80%AFAM.png?VersionId=xHbLRgjfTSkScuLsLW_nRjX0Zi5Cwalo" />

WT Malouf has entered into exclusive arrangements with the operators of Golden Age Cinema &amp; Bar, a much-loved Surry Hills institution named among the Top 100 Cinemas in the World by Time Out. Golden Age will bring four screens and versatile creative spaces back to Paddington, helping to anchor Oxford Street’s future as a cultural and entertainment corridor. 
&nbsp; 
“At a time when Sydney is losing suburban cinemas, we’re committed to creating a bigger and better cinema experience for Paddington,” said Jack Joseph, Director at WT Malouf.

“Golden Age’s arrival will ensure Oxford Street continues to be a home for independent film, live performance and community events.” 
&nbsp; 
The project has been designed in line with the City of Sydney’s Oxford Street Cultural and Creative Precinct strategy, which encourages new investment in cultural space, night-time economy and creative industries. It also aligns with the NSW 24-Hour Economy Strategy, contributing to the revival of Oxford Street as a safe, vibrant and connected cultural precinct that operates by day and night.

<img alt="Verona" data-entity-type="file" data-entity-uuid="ac1895bd-d09f-4cf6-aed4-9a2739c2d9b2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-03%20at%209.19.45%E2%80%AFAM.png?VersionId=NcwfjdR0oF5xPbatoSGOR4oWAZm9yJJT" /> 
&nbsp; 
“This development is about more than apartments,” Joseph said. “It’s about contributing to Oxford Street’s restoration as one of Sydney’s great cultural boulevards, where people come to live, create and socialise.” 
&nbsp; 
‘’The new Verona is a once -in-a-generation opportunity to restore this important part of Oxford Street,’’ said Tim Greer, Director of Tonkins Zulaikha Greer (TZG). 
&nbsp; 
Alongside cultural and creative space, the Verona development will deliver new housing in one of Sydney’s most tightly held suburbs. 15 apartments will be set aside as affordable rental homes for essential workers, ensuring Paddington retains a diverse and connected community. 
&nbsp; 
The project is expected to be determined by the NSW Department of Planning, Housing and Infrastructure in 2026, with construction planned to start later that year and delivery within three years.

Paddington’s Verona Cinema set for luxury apartment transformation and new Golden Age Cinema

The Chatswood CBD is the latest city centre in the cross hair of the Minns Labor Government's push to support new housing.

They're pushing for up to 1,500 apartments on the former Sydney Metro construction site, which will include 180 build-to-rent apartments for essential workers, as well as new retail and commercial spaces and outdoor areas.

<img alt="Chatswood" data-entity-type="file" data-entity-uuid="ec539e11-accf-4844-bbce-1b453e0ee907" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-03%20at%209.09.58%E2%80%AFAM.png?VersionId=64L8ymb0LbjKbxcmvUux9TI9qXL8hnkR" />

The remaining mix will be build-to-sell, and incorporate affordable housing. The development will see the adaptive re-use of local heritage building Mowbray House, which operated as a boarding school from 1906 to 1954, for future community use.&nbsp;

Construction on the site is expected to start in late 2026, with the first essential workers expected to move in by late 2028.

Landcom is inviting feedback on the proposal from the community and stakeholders until 9am, Monday 27 October 2025.

<img alt="Chatswood" data-entity-type="file" data-entity-uuid="01cc2e55-a585-4a3f-afb2-bb6213dc59b8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-03%20at%209.09.18%E2%80%AFAM.png?VersionId=ZaaHSI.h_CLRCYloljNdXSa4eigU6vae" />

The Chatswood site is the second&nbsp;to be secured under the Minns Labor Government’s $450 million investment in Landcom to deliver 400 build-to-rent homes for essential workers in Sydney, with 220 essential worker homes already being delivered in Annandale.

&nbsp;

&nbsp;

&nbsp;

&nbsp;

Work is also underway on new build-to-rent apartments on the NSW south coast and work is set to start later this year on new build-to-rent housing in Lismore to boost rental supply in the NSW Northern Rivers.

Premier of New South Wales Chris Minns said essential workers are the backbone of not only Sydney but all of NSW and they deserve to have an affordable place to live near their job and community.

“This will be life changing for essential workers, who will get to live not only near their job but in one of the best-connected areas in all of Sydney.”

Minister for Planning and Public Spaces Paul Scully said people should be able to live, work, relax and play all within one community.

"Delivering both 180 new essential worker homes and 1300 further market and affordable homes will give that opportunity and choice back hundreds of people.

“We’ve dedicated another 180 homes to essential workers in this project so workers like our teachers, nurses, paramedics and police offices can build a life close to both their home and job.

“This is yet another example of density done well, providing additional, homes and jobs in an area that’s already well serviced by public transport, shops, restaurants, schools and health centres.”

&nbsp;

&nbsp;

Landcom CEO Alex Wendler said this is a highly productive time for Landcom where we are sustaining strong momentum across our entire delivery program.

"Here at Chatswood, we are leading the development of a major city precinct to do density well and make homes happen. This is a great example of Landcom making the government’s policy ambitions a reality and bringing to life the kind of housing options our city needs.”

Premier of New South Wales Chris Minns said essential workers are the backbone of not only Sydney but all of NSW and they deserve to have an affordable place to live near their job and community.

NSW Gov, Landcom plan 1,500 new apartments in Chatswood CBD

Dexus' push into the residential development space is moving down to Melbourne, with the real estate asset giant taking on a x at the southern end of St Kilda Road.

Dexus, who has recently starting developing luxury apartments in Sydney's Northern Beaches, is planning a 27-storey tower with over 400 new apartments at the intersection of St Kilda Road and Queens Road.

The proposal, now with VIC Planning, seeks to replace the ageing 19-storey former Cadbury office building at <a href="https://www.apartments.com.au/new-apartments/636-st-kilda-road-melbourne-vic-3004">636 St Kilda Road</a> with a contemporary high-density apartment complex designed by architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/bates-smart">Bates Smart</a>.

According to the Urban Context Report filed to VIC Planning, the development will respond to the site’s landmark location through a "refined and sculptural built form that mediates between the scale of St Kilda Road and Queens Road” while reinforcing “a sense of civic address at this prominent intersection.”&nbsp;

<img alt="First look: Dexus proposes 27-storey residential tower at 636 St Kilda Road" data-entity-type="file" data-entity-uuid="dfd2ebd1-e311-4348-9c7d-b3d73b64ade4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/St%20Kilda%20bldg.png?VersionId=_DHkdNAj1U3wcH0BX51t2MJYeIMrbG2w" />

The architectural design features active frontages, new pedestrian through-links and an extensive landscape strategy that integrates with the surrounding boulevard character.

The apartment mix is varied, comprising 40 studios, 87 one-bedrooms, 203 two-bedrooms, 66 three-bedrooms, and six penthouses, with each dwelling designed to meet the standards set out in Clause 58 of the Port Phillip Planning Scheme.&nbsp;

A key element of the proposal is a $9.6 million contribution, equivalent to three per cent of the project’s estimated development cost, to the Social Housing Growth Fund, aimed at supporting affordable housing outcomes across Victoria.

<img alt="First look: Dexus proposes 27-storey residential tower at 636 St Kilda Road" data-entity-type="file" data-entity-uuid="7f138f11-5277-461f-8d12-9533b2960586" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/St%20kilda%20rd%20site.png?VersionId=m_ZioKYhwkvekE3ZUF6y7bz.5_5yFPnZ" />

The site’s three street frontages, St Kilda Road, Queens Road, and Queens Lane, enable significant setbacks and design flexibility.

Bates Smart noted the proposal "reinforces the intent for St Kilda Road North to accommodate higher-density, mixed-use development,” leveraging its location near the soon-to-open ANZAC Station tram-rail interchange and the principal cycling corridor along the boulevard.

They emphasised&nbsp;the building’s role as a city-shaping gateway, writing that the proposed tower is “designed to contribute positively to the skyline and urban character of St Kilda Junction,” and would offer visual connections to key city landmarks, including Albert Park Lake and the Shrine of Remembrance.

Public realm upgrades are also proposed as part of the scheme, including a 138 sqm linear park, extensive landscaping, and around 188 metres of active frontages to enhance permeability and safety at the ground plane. A total of 449 car spaces and 120 bicycle spaces are planned across the four basement levels.

<img alt="First look: Dexus proposes 27-storey residential tower at 636 St Kilda Road" data-entity-type="file" data-entity-uuid="dfdbccd3-6954-417e-8543-c6b1f1b5df1b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/St%20KILDA%20rooftop.png?VersionId=.xI5fkVYETzG1WJaiOsOt8Yd4BgQx0DA" />

Dexus is positioning the project as a strategic redevelopment aligned with the St Kilda Road North Precinct Plan. The Planning Report by Urbis states that the distinct features of the site, the emerging context to its interfaces, and the surrounding policy context justify consideration of a taller building” despite the site being subject to Design and Development Overlay – Schedule 26 (DDO26).

St Kilda Road has been one of the most popular streets for residential development in recent years. The likes of Victoriana, The Muse, and St Boulevard are the most recently completed buildings, oriented to look over the adjacent Albert Park Lake, while Gamuda Land is currently developing <a href="https://www.apartments.com.au/new-apartments/fareham-st-kilda-95-st-kilda-road-st-kilda-vic-3182">Fareham</a>, and Hirsch &amp; Faigen has a building in the precinct they will soon launch, just off St Kilda Road on Queens Road.

First look: Dexus joins St Kilda Road apartment ranks with gateway tower proposal

Melbourne’s City Circle tram loops past a dense matrix of culture, education and commerce, but few intersections offer as much access in so little walking distance as the northern end of King Street.

Here, Aspire Melbourne rises 64 storeys from the edge of Flagstaff Gardens, with immediate connectivity to tram and train networks, and pedestrian access to Queen Victoria Market, Marvel Stadium and Melbourne’s major university precincts.

Developed by ICD Property with design by Fraser &amp; Partners, Aspire Melbourne brings 570 apartments to one of the CBD’s most spatially balanced positions, directly between civic green space and key employment infrastructure.

[smartcode_project:default project_id=2575 project_image_fid=248847]

Everything from retail and dining to sporting events, art, theatre, and festivals, or the serenity of the city’s gardens, is within walking distance of Aspire.

Melbourne's thriving coffee culture is showcased in the CBD's cobblestoned laneways, with popular cafes such as Brother Baba Budan, Krimper, Stagger Lee's, Higher Ground, and Manchester Press all nearby.

For culinary enthusiasts, Melbourne offers a variety of dining experiences. Highly recommended establishments include Maha, Farmer's Daughter, Coda, and MoVida Next Door, offering everything from Middle Eastern dinners to a night out.

[smartcode_project:default project_id=2575 project_image_fid=79443]

Getting around Melbourne is as effortless as finding a great cup of coffee, thanks to the city’s clean, reliable and extensive public transport network. Aspire’s curved tower is a short walk from Melbourne Central Station, Southern Cross Station and the Free Tram Zone, offering seamless connections across the CBD and out to suburban precincts.

This inner-city accessibility is complemented by Aspire’s rare proximity to green space. The tower directly overlooks Flagstaff Gardens, the city’s oldest park, with Fitzroy Gardens and the Royal Botanic Gardens also nearby, framing the CBD in natural beauty.

Just 11 minutes on foot, Queen Victoria Market adds another layer of amenity. A longstanding hub of culture and commerce, it offers fresh produce, gourmet foods, artisanal goods and vibrant multicultural fare, all woven into the daily rhythm of city life.

[smartcode_project:default project_id=2575 project_image_fid=79445]

To the west, the CBD’s entertainment quarter features Marvel Stadium, just 750 metres from Aspire, ideal for sports fans and major events.

To the south, Crown Casino along the Yarra River offers entertainment, dining and family-friendly activities, accessible in under 10 minutes by tram.

The Arts Centre Melbourne, a hub for visual art, theatre, music and performance, is also within easy reach by public transport or car.

[smartcode_project:default project_id=2575 project_image_fid=311]

For families looking to set up roots in the CBD, education options abound within a one-kilometre radius of Aspire.

The prestigious Haileybury opened its Melbourne CBD campus in January 2017 offering Melbourne's first Early Learning Centre to Year 12 private school campus in the CBD.&nbsp;

<a href="/developments/north-melbourne-vic-3051">North Melbourne</a> Primary School, South Melbourne Primary School, Ozford College, and Simonds Catholic College are among the other choices, while universities like Victoria University, La Trobe University, and Monash University are less than 600 metres away.

[smartcode_project:default project_id=2575 project_image_fid=79444]

A limited selection of one, two, and three-bedroom apartments remain for sale, with pricing starting from $647,000.

“The Melbourne CBD apartment market has evolved in response to both the strong growth of the overall city as well as the increasing attraction of the CBD which offers unique lifestyle appeal, especially to the fast-growing cohorts of young professionals and university students,” <a href="/project-marketer/colliers">Colliers</a>&nbsp;Managing Director Residential Tim Storey said.

[smartcode_project_cta:default project_id=2575]

On the fringe of Flagstaff Gardens: Aspire Melbourne's prime location

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

&nbsp;

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Urban Editorial

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

Off-the-plan property explained: What is stamp duty?

The affluent suburb of Neutral Bay is continuing to go through a new development transformation.

Several developers have jumped into the Lower North Shore locale in recent years, bringing new housing supply to the suburb considered one of the best in the region.

Growing developer CPDM is the latest entrant, as they continue to bolster their portfolio that includes several projects in&nbsp;Lindfield, Gordon and Cremorne.

They are planning a new eight-level building in Neutral Bay, with 25 apartments. They'll be triggering the affordable housing uplift, with six of the apartments dedicated as affordable.

The site, at <a href="https://www.apartments.com.au/new-apartments/27-37-bydown-street-neutral-bay-nsw-2089">27-37 Bydown Street</a>, is an amalgamation of six lots creating over 1,210 sqm just 50m from Military Road. It is currently occupied by several 1890s terraces which aren't heritage listed.

<img alt="First look: CPDM plans eight-storey apartment project with affordable housing in Neutral Bay" data-entity-type="file" data-entity-uuid="8099dd7a-074e-4b32-89fd-cbc0a8f14dc9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/1.png?VersionId=4pnt9IefUuMgy083LA1clU33DUzxyEaK" />

<a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a>&nbsp;wrote in their submission to the North Sydney Council&nbsp;that the project’s massing, materiality, and setbacks are carefully calibrated to respond to the area’s shifting scale, citing “a gradual transition toward medium density development in pockets close to transport corridors and commercial precincts”.

“The development’s density is thoughtfully planned to be sustainable, capitalising on existing and future infrastructure, access to public transport, the site’s cultural and community value, and its environmental attributes,” PBD also noted.

The apartment mix is&nbsp;skewed toward larger residences, with 18 of the 25 apartments having three bedrooms. The remaining will have two bedrooms.

<img alt="First look: CPDM plans eight-storey apartment project with affordable housing in Neutral Bay" data-entity-type="file" data-entity-uuid="c4057575-4c54-4572-914a-5a90e9983933" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/3_0.png?VersionId=Xaa6Xrtk0b8I9jz0AbScBGfTmy15B8iE" />

Neutral Bay is undergoing a transformation, with several new developments, and a new mixed-use precinct, slated for the Lower North Shore suburb.

Fabcot, the development arm of supermarket giant Woolworths, has plans for a new $170 million development on the corner of Yeo Street and Rangers Road. They are <a href="https://www.apartments.com.au/news/nsw/woolworths-fabcot-propose-neutral-bay-shoptop-housing-after">envisaging 70 apartments above a public plaza</a> with a new full-line Woolworths and medical facilities.

<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> is close to completing <a href="https://www.apartments.com.au/new-apartments/the-villas-neutral-bay-7-11-premier-street-neutral-bay-nsw-2089">The Villas</a>, 18 two- and three-bedroom apartments on Premier Street, while <a href="https://www.apartments.com.au/developers/thirdi-group">Third.i</a> is soon to launch <a href="https://www.apartments.com.au/new-apartments/casa-neutral-bay-76-ben-boyd-road-neutral-bay-nsw-2089">CASA</a>, a collection of whole-floor apartments on Ben Boyd Road.

First look: Neutral Bay transformation continues as new eight-level building pitched

Allen Linz's Rebel Property Group is the latest developer to takes its development to the NSW Government.

Rebel has applied for a State Significant Development Application (SSDA) for its <a href="https://www.apartments.com.au/new-apartments/164-192-william-street-woolloomooloo-nsw-2011">major urban renewal project on William Street</a>. They have concept approval from December 2023 for the 6,400 sqm site at the southern end of the street. That scheme accounted for around 230 apartments, above a new&nbsp;precinct combining residential, commercial, and recreational uses.&nbsp;

The SSDA will seek further uplift through&nbsp;bonuses under the State Environmental Planning Policy (Housing) 2021.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="672c0a88-01e9-4845-8dd0-33e3b165d08e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-09-30%20at%207.11.52%E2%80%AFAM.png?VersionId=TmfhjAulgEjM1UDc20mkxXqZEyqOEY0P" />

FJC Studio won the design competition for the project in 2024.&nbsp;According to the Town Planning Report prepared by Urbis, the outcome of the competition “resulted in a high-quality urban design outcome that aligns with the desired future character of the area.”&nbsp;

“The proposal seeks to realise the full potential of the site through a contextually sensitive, high-quality urban design response that delivers housing diversity in close proximity to employment, services, and transport,” the Scoping Report submitted to the NSW Government states.

The exhibition stage of the SSDA process will provide more transparency into the number of apartments sought by Rebel, a name synonymous with creating some of the Eastern Suburbs best new developments.

Linz founded Rebel in the late 1990s. They have been behind the redevelopment of the famous Bondi Pacific on Campbell Parade, as well as The Bond, also at Bondi Beach, and Top of the Town in Darlinghurst.

First look: Rebel Property Group takes Woolloomooloo precinct to NSW Government

<a href="https://www.apartments.com.au/developers/thirdi-group">Third.i Group</a>&nbsp;and joint venture partner&nbsp;NPACT has unveiled its luxury new apartment development, The Rushcutters, offering prospective apartment buyers a rare opportunity to buy brand new into one of Sydney's most tightly-held Harbourside suburbs.

<a href="https://www.apartments.com.au/new-apartments/the-rushcutters-51-57-bayswater-road-rushcutters-bay-nsw-2011">The Rushcutters</a> will comprise 12 two- and three-bedroom apartments, and one full-floor penthouse. They range in size from over 120 sqm to nearly 200 sqm. It will sit conveniently between the water at Rushcutters Bay and the cosmopolitan suburb of Potts Point, renowned for its dining, boutique shopping, and cafes, all while being just 200m from the Kings Cross entertainment precinct.

[smartcode_project:default project_id=144646 project_image_fid=351901]

With exterior and interior architecture by award-winning architects <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, The Rushcutters honours the Art Deco heritage of the local area while blending natural beauty with contemporary sophistication.&nbsp;

Residences capture north-west and north-east vistas through open-plan layouts, private balconies, and a communal rooftop terrace offering panoramic views. Interiors feature stone, timber, and brass finishes, premium Wolf and Miele kitchens, and spa-like bedrooms and bathrooms.

[smartcode_project:default project_id=144646 project_image_fid=351901]

Luke Berry, Co-Founder of Third.i Group, said The Rushcutters captures the perfect balance of city-centre energy and harbourside serenity.

"It’s a rare project that combines location, lifestyle, and timeless design that people will aspire to be part of. Beautiful for residents and the community alike, it will create a lasting legacy for Rushcutters Bay," Berry said.

"We expect it will attract downsizers, rightsizers, and those seeking an exclusive opportunity in the inner-east, and it stands among the best projects we’ve ever delivered.”

[smartcode_project:default project_id=144646 project_image_fid=351902]

Jason Fraser, Principal at Woods Bagot, who collaborated with Third.i on their mixed-use Elevate Crows Nest project and is now partnering with them on The Rushcutters, said the site’s location and outlook shaped every element of the design, drawing on Art Deco and mid-century forms through a contemporary lens.

"The project celebrates the character of Rushcutters Bay while creating something distinctive and truly special for residents and the local area.”

[smartcode_project:default project_id=144646 project_image_fid=351900]

The Rushcutters is the latest in Third.i Group’s portfolio of boutique Sydney residential developments, including Kurraba Residences in Kurraba Point, Muse in Potts Point, and Casa in Neutral Bay.

“Third.i is committed to innovative brilliance and creating architecturally inspired, high-quality living environments that enhance Sydney’s urban fabric and leave a lasting legacy for generations to come,” Berry added.

Apartment prices range from $4.95 million to $17.88 million.

[smartcode_project_cta:default project_id=144646]

Third.i Group and NPACT launch The Rushcutters

A slender, sculptural tower designed by acclaimed architects <a href="https://www.apartments.com.au/architects/candalepas-associates">Candalepas Associates</a> will soon rise just moments from Hyde Park, following the demolition of the Polding Centre on Liverpool Street, formerly home to the Sydney Archdiocese.

The project, known as <a href="https://www.apartments.com.au/new-apartments/hyde-metropolitan-sydney-133-141-liverpool-street-sydney-nsw-2000">Hyde Metropolitan</a>, is being delivered by leading Sydney developer <a href="https://www.apartments.com.au/developers/deicorp">Deicorp</a> and will now combine a boutique hotel of 100 rooms with 170 luxury residences positioned above, capturing panoramic views over Hyde Park, the city skyline, and Sydney Harbour.

Residents will enjoy amenities including a 20-metre podium pool, outdoor terraces with barbecue facilities, and a gym. A dedicated concierge service, a signature ground-floor restaurant, and a Skybar on level six complete the offering for residents and hotel guests.&nbsp;

[smartcode_project:default project_id=21809 project_image_fid=351916]

Positioned within steps of Museum Station and the new Gadigal Metro, Hyde Metropolitan offers unparalleled connectivity to Sydney’s transport network, luxury retail, cultural institutions and the city’s world-class dining scene.

“The Hyde Park precinct is on the cusp of a real shift, not just in look and feel, but in how people live and connect here,” said Fouad Deiri, Founder of Deicorp.&nbsp;

“With Oxford Street set to re-emerge as one of Sydney’s most vibrant destinations, Tech Central on the doorstep, and the new metro only a block away, Hyde Metropolitan sits at the heart of a precinct being purposefully reimagined for the future."

[smartcode_project:default project_id=21809 project_image_fid=351920]

Deiri says they have&nbsp;considered every detail, from the architecture to the lifestyle amenities, to create a building that celebrates Hyde Park’s legacy while offering a level of sophistication rarely seen in CBD living.

“The addition of a boutique hotel makes Hyde Metropolitan both a landmark residential address and a destination in its own right. It brings together homes, hospitality, and lifestyle in one of Sydney’s most connected locations."

[smartcode_project:default project_id=21809 project_image_fid=351912]

The interiors feature winter gardens,&nbsp;timber flooring, curated palettes, and high-end finishes.

Demolition of the former Polding Centre is now complete, with construction now underway. Hyde Metropolitan is now selling, with residences priced from $1.48 million.

[smartcode_project_cta:default project_id=21809]

Hyde Metropolitan brings luxury residences and hotel living to the heart of Sydney

Builder-developer ALAND has had buyers jump at the opportunity to buy into their first inner-city Sydney apartment development.

Over $103 million in sales were achieved at the launch of The Walden, North Sydney's newest apartment tower. The sales equated to around 55 per cent of the first release of residences.

[smartcode_project:default project_id=134323 project_image_fid=6382]

Located at 177 Walker Street, North Sydney, The Walden boasts a front-row position on the eastern fringe of the North Sydney CBD, offering uninterrupted Sydney Harbour views stretching from the Sydney Harbour Bridge all the way to Sydney Heads.

The harbour views, not to mention North Sydney’s relatively limited housing supply compared to other North Shore suburbs, as well as high demand from a wealthy downsizer demographic and a growing population, is driving the strong demand and premium prices commanded in the area.

The harbourside suburb also continues to benefit from significant government and private sector investment, which is changing the face of North Sydney as it transitions to an 18-hour a day living, dining and recreation hotspot, with more spending set to come over the next decade.

[smartcode_project:default project_id=134323 project_image_fid=6395]

ALAND Founder Andrew Hrsto says North Sydney has fast become a sought-after destination for discerning property buyers.

“It’s clear that North Sydney’s changing rapidly, and property buyers are excited both by what’s on offer in 
the suburb now, as well as what’s yet to come,” Hrsto says.

“Against this backdrop, The Walden is set to become a benchmark for luxury living in North Sydney, and it’s perfectly poised for buyers to capitalise on the continued growth and transformation in the local area."

Hrsto says with&nbsp;its unrivalled amenities, refined design, and rare balance of sophistication and community connection, The Walden delivers a lifestyle unlike anything else on the market.

Residents will enjoy access to a comprehensive suite of facilities, including a fully equipped gym, wellness and treatment room, spa, wine cellar, resident lounge, private dining room, pool, dedicated work-from-home and meeting spaces, as well as the convenience of a dedicated concierge.

[smartcode_project:default project_id=134323 project_image_fid=6394]

Ben Stewart, Partner at SRM Residential, which is overseeing sales at The Walden, says North Sydney offers the perfect balance of city convenience and lifestyle appeal for prospective buyers.

“Apartment sales in North Sydney have remained robust throughout 2025, and today’s opening sales at The Walden reflect strong buyer confidence in the area’s ongoing revitalisation,” said Stewart.

“All the purchasers I spoke to are appreciating the unparalleled amenity and expansive apartments, coupled with North Sydney’s connectivity through the Metro with Barangaroo accessible in three minutes and Martin Place in five – all these factors are key drivers for a purchaser demographic that includes lower North Shore owner-occupiers and downsizers, plus a few city-based, high-end investors."

[smartcode_project:default project_id=134323 project_image_fid=6399]

Stewart says the views, design, and sizing of the apartments at The Walden, is a level&nbsp;above the majority of other projects on the market.&nbsp;

"We’re seeing buyers prioritise well-designed apartments that offer both lifestyle appeal and long-term investment potential. ALAND’s 23 years of delivery success, backed its Gold Star iCIRT rating and Latent Defect Insurance (LDI) have been embraced by this market.”

ALAND will commence construction of The Walden in early 2026, ahead of planned completion by 2028.

ALAND's sales success at The Walden, North Sydney launch

Builder-developer DASCO is continuing to expand its development pipeline, unveiling plans for its third project in Sydney.

The company has secured a prime 5,874 sqm site in the St Leonards South precinct, spanning 14–16 Marshall Avenue, 5–9 Holdsworth Avenue, and 2–10 Berry Street. The site will host three new buildings, delivering 231 new residences.

Each tower will rise 14 storeys and feature a mix of apartments, double-storey townhomes, and penthouses. The inclusion of affordable housing in the development has triggered a height uplift from the previously approved 10 storeys to 14.

DASCO is already familiar with the area, as it is currently delivering The Newlands by Eterno, just down the road, alongside Elation by New Golden.

“This milestone reflects our continued commitment to shaping vibrant communities and delivering enduring places to call home,” DASCO said in its announcement, adding that it will once again partner with Metrics.

DASCO and Metrics are also collaborating on the recently launched Senso in Epping, a landscape-focused precinct comprising 479 apartments across five buildings, the first of its kind in the suburb.

DASCO’s other active project, Danks St District, is similarly transforming its local area. It will include six new residential buildings with around 373 apartments. Both current projects are backed by a 10-year Latent Defects Insurance policy from Resilience Insurance.

&nbsp;

&nbsp;

&nbsp;

Exclusive: DASCO expands Sydney apartment pipeline with trio of St Leonards buildings

New apartment developer&nbsp;<a href="https://www.apartments.com.au/developers/casa">CASA</a> has appointed <a href="https://www.apartments.com.au/builders/decode">Decode Group</a>&nbsp;to build The McLaren, their newly launched North Sydney project.

Decode’s appointment marks CASA’s second builder engagement this year, reflecting what the company says is “the momentum of our business and the dedication of the incredible team working to bring The McLaren vision to life.”

[smartcode_project:default project_id=141323 project_image_fid=3191]

The appointment follows demolition works on site and strengthens a delivery team that also includes architects Bates Smart and landscape designers 360 Degrees.

<a href="https://www.apartments.com.au/new-apartments/the-mclaren-north-sydney-45-mclaren-street-north-sydney-nsw-2060">The McLaren</a> will rise 14 storeys in a stepped form, cascading towards a sculpted rooftop garden with panoramic views of Sydney Harbour and the CBD. It will have 71 apartments.

<a href="https://www.apartments.com.au/architects/bates-smart">Bates Smart</a>’s design draws on the site’s heritage context, with the podium referencing North Sydney’s fine-grain character and adjacent conservation areas.

&nbsp;

[smartcode_project:default project_id=141323 project_image_fid=3194]

Offering a mix of one- to four-bedroom apartments, more than half of the residences are three-bedroom layouts aimed at downsizers. Interiors feature Gaggenau appliances, natural stone benchtops, and palettes inspired by the local landscape.&nbsp;

A rare selection of terrace homes has also been designed to echo the scale and materiality of nearby Victorian dwellings.

Residents will have access to a suite of amenities, including a rooftop garden, private dining room with wine cellar, and lounge spaces. A new through-site pedestrian link and ground-floor retail will further integrate the project into its local setting.

&nbsp;

[smartcode_project:default project_id=141323 project_image_fid=3196]

Positioned moments from the new Victoria Cross Metro Station, The McLaren offers one-stop connections to the Sydney CBD while retaining the character of a Lower North Shore village lifestyle.&nbsp;

Nearby amenities include North Sydney Oval, Wendy Whiteley’s Secret Garden, Greenwood Plaza, and elite schools such as Wenona and Loreto.

Construction on The McLaren is set to commence shortly, with Colliers managing the sales process.

CASA was established in 2010 as a private real estate fund backed by global institutional investor GFM, and has recently expanded its residential pipeline nationally with projects in Sydney and Melbourne.

[smartcode_project_cta:default project_id=141323]

Construction on The McLaren is set to commence shortly, with Colliers managing the sales process

CASA appoints Decode to build The McLaren in North Sydney

A major redevelopment is on the cards for one of Sydney’s most recognisable inner-city blocks, with <a href="https://www.apartments.com.au/developers/salter-brothers">Salter Brothers</a> lodging plans for a new mixed-use precinct at the long-standing Potts Point Holiday Inn site.

Located at 203–225 Victoria Street, the proposal would see the transformation of the prominent Kings Cross-adjacent site into a contemporary residential-led development incorporating tourist and visitor accommodation, commercial space, and a renewed retail offering.&nbsp;

The application was recently declared a State Significant Development by the NSW Government, recognising its potential to contribute meaningfully to housing supply and urban renewal efforts across Greater Sydney.

Salter Brothers acquired the Holiday Inn Potts Point in 2023 as part of its broader $2 billion hotel portfolio and has since turned its attention to repositioning the asset as a key component of the emerging Kings Cross urban precinct.&nbsp;

<img alt="One Kings Cross" data-entity-type="file" data-entity-uuid="20981833-cd80-480a-a068-2adc222c8bfe" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/sustainable1.jpg?VersionId=kYtPZPkYoPu3v9Qb1BrI10SOKrZVrzAx" />

The proposed redevelopment will be known as One Kings Cross, and is being framed as a "village-style precinct" that blends residential, cultural, and commercial uses above and around Kings Cross Station.

According to preliminary plans, One Kings Cross is expected to deliver between 250 and 300 apartments across a range of low-, mid- and high-rise buildings.

Around five per cent of the dwellings will be allocated as on-site key worker housing, supporting essential service workers in sectors such as healthcare, education, hospitality, and emergency response.

Approximately one-third of the site, equal to about 1,500 sqm, is earmarked for new publicly accessible laneways, a civic square, and pedestrian connections.&nbsp;

A standout element is the proposal to deliver the first new public square in Kings Cross in over a decade, linked to a revitalised entry to Kings Cross Station from Victoria Street.

<img alt="One Kings Cross" data-entity-type="file" data-entity-uuid="92176992-e61a-4f1e-acc7-c36eb112a4d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/sustainable2.jpg?VersionId=7GfotQCJJMn1HtM0mTBE6kggZFy2QJsk" />

Design responsibilities have been entrusted to <a href="https://www.apartments.com.au/architects/bates-smart">Bates Smart</a> and <a href="https://www.apartments.com.au/architects/neeson-murcutt-architects">Neeson Murcutt Neille</a>, working in collaboration with landscape architect <a href="https://www.apartments.com.au/landscape-architect/aspect-studios">Aspect</a> and Connecting with Country consultants Bangawarra. Arup is leading the engineering and transport interface.&nbsp;

The design intent is rooted in local character, prioritising permeability, public activation, and architectural diversity. As outlined in the early proposal documents, the built form will be broken into varied typologies to “encourage different building types to be delivered on site and make it a unique precinct”.

Retail activation is also central to the vision, with 3,000 sqm of dining and lifestyle-focused commercial space proposed across laneways and street frontages.&nbsp;The integration of a new station portal is expected to improve pedestrian flow and visibility, reinforcing the Kings Cross gateway as a vibrant transport and lifestyle node.

If approved, One Kings Cross will represent one of the most significant transformations of the area since the completion of Omnia in 2018, just across the road.

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