National diversified developer <a href="https://www.apartments.com.au/developers/goldfields-group">Goldfields</a> has launched its latest Brisbane apartment project, <a href="https://www.apartments.com.au/new-apartments/quartet-milton-33-manning-street-milton-qld-4064">Quartet Milton</a>, marking its entry into the sought-after inner-city suburb just two kilometres from the CBD.

The circa $100 million development will rise 18 storeys and deliver 131 apartments, offering a mix of one, two-, and three-bedroom residences.

Ideally located on Manning Street, Quartet residents will be within 300 metres of Milton Station, 500 metres from the Milton Ferry Wharf, and a short walk to Milton Markets, the iconic Park Road, as well as a range of breweries and cafés.

&nbsp;

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Designed by architecture firm <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> and brought to life by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, the building features a simple, gridded façade paired with generous glazing to enhance views, maximise aspect, and capture both sunrises and sunsets from within the apartments and their generously sized balconies.

Residents will have access to a 1,000 sqm rooftop, curated to balance wellness and entertaining, in response to increasing demand for wellness-focused shared spaces.

"We've approached Quartet Milton as a complete lifestyle offering, not just apartments, but a place where the design, amenities, and location all work together in a meaningful way," says Goldfields Managing Director Lachlan Thompson.

"Buyers are looking for that sense of confidence, knowing the vision has been carefully thought through not just by us as developers, but by all our consultants appointed to bring this together, and that it will be delivered to the standard they expect."

&nbsp;

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Cera Stribley Co-Founder and Managing Principal Domenic Cerantonio said the rooftop is designed to feel like a place "you'd genuinely use every day."

"A 25-metre pool framed by city and mountain views, wellness areas, and private dining spaces for evenings with friends create a setting designed for year-round comfort and effortless Brisbane living."

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In addition to the 25-metre pool, the rooftop will include a sauna, cold plunge, fully equipped gym, and zen gardens, all complemented by panoramic views of the city and river.

While the building is expected to appeal predominantly to owner-occupiers, Goldfields anticipates interest from investors seeking strong rental returns, driven by the project's design, location, and the city's projected capital growth in the lead-up to the 2032 Brisbane Olympics.

&nbsp;

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<a href="https://www.apartments.com.au/developments/milton-qld-4064">Milton</a>, widely regarded as one of Brisbane's most desirable inner-ring suburbs due to its lifestyle offering and proximity to the CBD, has experienced a shortage of new apartment supply in recent years.

Goldfields is already active in the Brisbane residential market through its Ripley Valley masterplanned community, Hayfield. The 109-hectare neighbourhood is already home to more than 300 families and features a large community park.

Plans for the precinct include a 4 km running track, future schools, and retail and commercial amenities, all within a 35-minute drive of the Brisbane CBD.

Goldfields also plans to deliver a new mixed-use tower at 88 Robertson Street in Fortitude Valley, within the James Street precinct. The project will include 16,000 sqm of boutique commercial space, two levels of wellness facilities, and a rooftop restaurant and event space, akin to Goldfields House in South Yarra, its flagship mixed-use development on Chapel Street, which is crowned by the Beverly Rooftop bar—one of Melbourne’s best-known venues.

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Joel Robinson

Goldfields sets the stage as Quartet Milton launches

<a href="https://www.apartments.com.au/developers/stockland">Stockland</a> and Homes NSW have taken the next major step in the transformation of Waterloo Estate, lodging a Concept State Significant Development Application and concurrent rezoning proposal for the renewal of Waterloo South.

The proposal, now on public exhibition, outlines plans for around 3,300 new homes across the 12.3-hectare precinct. A minimum 30 per cent of residential gross floor area will be delivered as social housing, approximately 20 per cent as affordable housing, and a maximum 50 per cent as market housing. The redevelopment would more than quadruple the number of homes currently on the site and more than double the existing supply of social and affordable housing.

The renewal of Waterloo South forms the first stage of the broader Waterloo Estate transformation and is set to unfold over the next 10 to 15 years. The estate currently contains 750 social housing dwellings and 120 private homes.

<img alt="First look: Stockland and Homes NSW unveil plans for 3,300-home Waterloo South renewal" data-entity-type="file" data-entity-uuid="ba2da34b-171b-4ff1-b0c7-4baf0bce97f2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Waterloo%20public.png?VersionId=S5apPKOqjPHJhk_SzCvdVPxsEBYs300o" />

The proposal, prepared by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a> and Beam Planning, spans 10 street blocks bounded by Cope, Raglan, George, Wellington, Gibson, Kellick, Pitt and McEvoy Streets, directly adjoining the Waterloo Metro Station precinct and within walking distance of Redfern and Green Square stations.

Under the masterplan, building heights would range from two to 33 storeys, delivering approximately 282,485 sqm of residential floor space alongside at least 10,000 sqm of non-residential uses and a minimum 5,000 sqm of community space. The planning framework has been specifically structured to support the mixed-tenure outcome, with the residential gross floor area capped at a maximum 50 per cent market housing allocation.&nbsp;

The Urban Design Report describes the vision as creating “a unique and vibrant mixed-tenure housing precinct that supports the needs of the community and delivers much needed housing in response to National and State Government priorities.”&nbsp;

<img alt="First look: Stockland and Homes NSW unveil plans for 3,300-home Waterloo South renewal" data-entity-type="file" data-entity-uuid="6e1a6d8b-0626-4fa7-94fc-aa91c0af86dc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/waterloo%20per.png?VersionId=duyiJTFOeezTNdM22leI3SoHuqnW6ZaY" />

A major focus of the revised proposal has been increasing the social and affordable housing component. The Minns Government increased the affordable and public housing allocation from 35 per cent to 50 per cent after coming to office in 2023.

Minister for Housing and Homelessness Rose Jackson said the changes were critical to maintaining Waterloo’s social diversity.

“When we came to government, we immediately reviewed the plans for the Waterloo renewal and boosted the number of public and affordable homes from 35 to 50 per cent,” Jackson said.

“This was a crucial step to ensure Waterloo remains a welcoming place for people from all walks of life to call home now and into the future.”&nbsp;

Minister for Planning and Public Spaces Paul Scully said the project would reshape the precinct for generations.

“This concept DA brings thousands of new public, affordable and market homes on the doorstep of the Waterloo Metro station another step closer to reality,” Scully said.

“Importantly, alongside the new homes the plan also proposes new open space where residents and the broader community can gather, relax and play.”&nbsp;

<img alt="First look: Stockland and Homes NSW unveil plans for 3,300-home Waterloo South renewal" data-entity-type="file" data-entity-uuid="867520cb-6e07-4204-885e-53793ac88066" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Waterloo%20public%20a.png?VersionId=lgSI85Q23xBLYLC9NcWKuWZY2HfP4zQ3" />

Stockland Managing Director and CEO Tarun Gupta said the project had been shaped around long-term liveability and community infrastructure.

“As delivery partner, Stockland is proud to be working with the NSW Government on the renewal of Waterloo South – a significant project with community at its heart,” Gupta said.&nbsp;

The planning documents place strong emphasis on “Designing with Country,” recognising the site’s location on Gadigal land. The masterplan incorporates new east-west pedestrian links, activated streetscapes, rooftop communal spaces, retail frontages, and landscaped public areas intended to improve permeability and community connection throughout the estate.&nbsp;

The proposal also seeks to establish a more flexible planning framework for future detailed SSDAs, including updated provisions for educational uses, creative industries, rooftop communal areas, and active frontages. A minimum seven per cent of residential floor space will be delivered as affordable housing managed in perpetuity by community housing provider City West Housing.&nbsp;

The Social Impact Assessment prepared by Urbis describes the renewal as one of Australia’s most significant public housing transformations, identifying substantial long-term positive impacts associated with housing supply, accessibility, public domain improvements, and community infrastructure.&nbsp;

Stockland and Homes NSW have already commenced the first stage of resident relocations, with some tenants moved into newly completed homes at Waterloo Metro Quarter and the Boronia development nearby.

First look: Stockland, NSW Gov, unveils plans for 3,300-home Waterloo South renewal

<a href="https://www.apartments.com.au/new-apartments/smith-by-valli-collingwood-224-228-smith-street-collingwood-vic-3066">Smith Collingwood</a> is a new boutique apartment development bringing a refined, design-led approach to one of Melbourne’s most established inner-city neighbourhoods.

Designed by <a href="https://www.apartments.com.au/architects/pandolfini-architects">Pandolfini Architects</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/lisa-buxton-interiors">Lisa Buxton</a>, Smith by Valli sits on iconic Smith Street and comprises just 22 residences tailored toward owner-occupiers seeking a more considered style of apartment living.

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The design of Smith focuses on a north-facing orientation across all residences, a relatively uncommon feature in dense inner-Melbourne settings. Each apartment has been planned to maximise natural light and outlook, alongside a material palette defined by warm tones, custom joinery, and a full suite of Gaggenau appliances.

The development comprises a mix of one, two, and three-bedroom apartments, with pricing currently ranging from just under $1 million to around $4.85 million for the premium penthouse-level residences, reflecting growing demand for luxury owner-occupier product in Melbourne’s inner urban market.

Residents will also have access to a private rooftop garden designed as an elevated retreat above the city, &nbsp;featuring curated landscaping, veggie boxes, intimate seating areas and spaces for relaxed gatherings. Sustainability has also been integrated into the project through a 7-star energy rating and two secure bicycle facilities for every residence.

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Smith by Valli sits in the heart of one of Melbourne’s most established retail and hospitality strips, within walking distance of venues such as Falco Bakery, Carnation Canteen and Alimentari, alongside parks and everyday services. With a Walk Score of 99, the location reinforces the project’s positioning toward buyers prioritising walkability and access over car dependency.

With only a limited number of residences, Smith reflects growing demand for smaller, highly curated apartment developments that prioritise design quality, liveability, and connection to neighbourhood character.

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Smith by Valli delivers design-led apartments to Melbourne’s inner north

<a href="https://www.urban.com.au/developers/far-east-consortium">Far East Consortium</a>’s 640 Bourke Street stands as a testament to&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic-3000">Melbourne</a>’s ability to bridge its storied past with a bold vision for the future.&nbsp;

Rising above the heritage-listed Eliza Tinsley building, the development reflects a broader shift toward adaptive reuse in the city, where historical assets are retained and reinterpreted as part of new residential development.

Designed by <a href="https://www.urban.com.au/architects/rothelowman">Rothelowman</a>, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> incorporates the Eliza Tinsley building as its foundation, housing a grand gallery and lobby space that serve as both a functional and symbolic centrepiece. The heritage façade informs the tower’s design, creating a connection between Melbourne’s past and its contemporary skyline.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

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Above this historic base, the 68-storey tower will deliver just over 600 residences, a notable reduction from earlier schemes, reflecting a deliberate move toward larger-format apartments and a stronger owner-occupier focus.

Unlike traditional CBD developments that prioritised investor stock, 640 Bourke Street has been repositioned to respond to changing buyer expectations.

"The discussion was all around making 640 Bourke Street the best residence to live in, to be much more focused on the people in the building rather than people looking at the building," Marsland explained.&nbsp;

This shift is evident in the development’s interiors, which emphasise practical luxury with spacious layouts, high ceilings, and floor-to-ceiling windows framing sweeping views of Melbourne and Port Phillip Bay.&nbsp;

“What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Lauren Sheldon, Far East Consortium’s Director of Sales and Marketing, said.&nbsp;

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Rothelowman Associate Jun Chang added, "We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."&nbsp;

Amenities spanning more than 3,000 sqm across multiple levels further reinforce this focus on resident experience. These include a pool, gym, co-working areas, and a range of hospitality-inspired spaces such as a whisky lounge, library, and private dining rooms, many drawing reference from traditional bathhouses and Melbourne’s laneway culture.

"We wanted to make both the pool and the gym area to be absolutely destinational, and when you traverse across to these spaces, there is a gentle familiarity to the beautiful notions of the hammams and the Roman baths, a gentle nod to history," Chang noted.

At street level, the project contributes to the ongoing transformation of the western CBD, with upgrades to Langs Lane and the introduction of retail, hospitality, and gallery spaces designed to activate the precinct and strengthen its connection to the surrounding city fabric.

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The location places residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market, and the Docklands waterfront, positioning the development within a rapidly evolving inner-city neighbourhood.

"We believe it's the best site left in the city of Melbourne," Craig Williams, Executive Director at Far East Consortium, said.&nbsp;

640 Bourke Street is Far East Consortium’s 14th building in Melbourne’s western CBD.

"A very elegant designed building. It's going to be a Melbourne statement for many, many years to come."

One-bedroom apartments are priced from around $640,000, with 640 Bourke Street targeting completion in 2029.

Renders shown are Artist's Impressions correct as of May 2026.

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Heritage-led design anchors Far East Consortium’s 640 Bourke St, Melbourne

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

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The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

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Each residence has been configured with four bedrooms, multiple living zones, a private office, and expansive ocean-facing terraces. Interiors draw on a restrained material palette, including travertine stone, timber joinery, and integrated premium appliances.

Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.

“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”

Residents will have access to a suite of wellness-focused amenities, including pools, sauna facilities, and dedicated relaxation spaces, reflecting a broader shift toward lifestyle-driven apartment design on the Gold Coast.

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The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

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MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

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.

Staff Writer

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.

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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?

It wasn't until the 1950s when Engadine, a small Sutherland Shire suburb 30 kilometres south of Sydney, swung from a primarily rural area to one thousands would call home.

The suburb's name was derived from a word used by the local indigenous people, meaning "a valley or deep hollow between two mountains".

Despite its urbanisation following a housing boom over seven decades ago, Engadine has retained its natural beauty. It's surrounded by national parks and natural reserves, including the Royal National Park and Heathcote National Park.

Architects Smith &amp; Tzannes tapped into these surrounds when they were creating Hermitage Engadine, the boutique apartment development on the fringe of the Royal National Park.

[smartcode_project:default project_id=24508 project_image_fid=203659]

The two-building project, now over 50 per cent sold, began construction in June 2022, with the&nbsp;64-apartment development slated for completion by the end of this year.&nbsp;

The boutique building features a range of one, two and three-bedroom apartments, each featuring either city, national park, or district views.&nbsp;

Residents will be welcomed by a striking foyer, layered with textures including concrete finished that are paired with a recycled timber feature wall and reclaimed railway sleeper timber seating.&nbsp;

[smartcode_project:default project_id=24508 project_image_fid=203658]

Greenery is abundant in the foyer, further reflecting Hermitage's connection to nature, while a collection of black and white framed images don the walls in a nod to Engadine's history.&nbsp;

The open living and dining zones flow onto generously proportioned balconies, creating a connection between the indoors and the out, with fully-ducted air-conditioning throughout.&nbsp;

Awash with warm wooden tones and enriched by earthy materials, the kitchens feature Smeg appliances, Cloudburst Concrete Caesarstone benchtops and splashbacks, while the bedrooms include textural carpets and sheer drapes. In the bathrooms, residents will find integrated stone and timber vanities, as well as freestanding baths and Parisi fixtures.&nbsp;

[smartcode_project:default project_id=24508 project_image_fid=203660]

Less than a 40-minute drive from both the Sydney and Wollongong CBD, Hermitage offers the best of both worlds. The development is a perfect urban oasis, a tranquil escape from the hustle and bustle of city life.

Highland are marketing the apartments where prices for a one-bedroom apartment start from&nbsp;$580,000. The two-bedders have an asking price of&nbsp;$720,000, while the three-bedders top out just over $1 million.&nbsp;

[smartcode_project_cta:default project_id=24508]

Architects Smith & Tzannes tapped into Engadine's surrounds when they were creating Hermitage Engadine, the two-building project on the fringe of The Royal National Park

Hermitage Engadine: Apartments on the fringe of the Royal National Park

Spring Square by Poly is set to become a game-changer in the world of community living. The first of its kind in Sydney's southwest, this sprawling masterplan promises to redefine the way people think about their living spaces.

Drawing inspiration from Bankstown's rich history, Spring Square aims to deliver an enriched urban neighbourhood experience that extends far beyond the four walls of an apartment.

[smartcode_project:default project_id=7054 project_image_fid=47633]

The community will be spread across five towers, each boasting a range of modern and varied living options, including one, two and three-bedroom floorplans.&nbsp;

But it's the range of retail and commercial amenities that will truly set Spring Square apart. From childcare facilities to a state-of-the-art gym and a range of healthcare services, residents will be able to access everything they need right on their doorstep.

Spring Square will also be dotted with communal spaces, offering places to meet, eat, and unwind. Interconnecting walkways will allow residents to explore the precinct at their leisure, while green parks will provide a tranquil escape from the hustle and bustle of everyday life.

[smartcode_project:default project_id=7054 project_image_fid=47636]

The gardens at Spring Square are the highlight, offering a diverse playground for residents of all ages. From lush lawns to native trees, outdoor barbecue and kitchen spaces to al fresco-style leisure areas, this is a space designed to bring people together, with a range of seating nooks scattered throughout the gardens.

But it's not just about the green spaces. Spring Square will also be home to a range of small cafes, bars, and outdoor al fresco dining options. These will spill out onto the podium and ground level, creating a vibrant social hub inspired by the multitude of cultures that call Bankstown home.

[smartcode_project_cta:default project_id=7054]

Poly Global delivers an urban oasis in the heart of Bankstown

The Hills District is alive with activity.

Since it was announced 5,000 apartments were to be built in the Hills Showground Precinct, Castle Hill and its surrounding areas have gone from strength to strength.

There's been regeneration throughout the district, while the first phase of the redevelopment which opened in 2019 included New South Wales’ first direct pedestrian link to the Castle Hill Metro Station and bus interchange, as well as new communal spaces and a bustling new food court and vibrant marketplace.

Now Castle Towers, one of the largest shopping centres in the country, is to undergo redevelopment.

QIC, founded in 1991 to serve the long-term investment responsibilities of the Queensland government, has unveiled the next phase of the shopping and dining precinct.

Dubbed The Village, plans are before council for a&nbsp;200-key hotel, a 12-story commercial building, a retail component across three levels, a live entertainment venue, a rooftop garden, and a range of other public spaces.

The Woods Bagot-designed hotel will be one of the significant elements of The Village, featuring premium event facilities and several upscale hospitality venues.&nbsp;

QIC has revealed that they will invest a total of $568 million in the masterplan for The Village, which will be the next phase of its Castle Towers Shopping Centre precinct, designed by BVN.

According to QIC, the first 12-story commercial building, at 2 Castle Street, will be of A-grade quality and the first of its type to be built in the area.

The Village is one of the many new developments happening around the area that will benefit the boom in residential development that is occurring as more buyers take to the outskirts of the city.&nbsp;

Kassis Homes' Grand Reve will be one to benefit from the new mixed-use development, located just down the road at&nbsp;8 and 18 Garthowen Crescent. As will Deicorp's Hills Showground Village and KWG's Castle Island, which are both just a five minutes drive from the proposed precinct.&nbsp;

[smartcode_project:default project_id=133881 project_image_fid=209816]

But it's not just those within the immediate area that will be able to take advantage of the world-class precinct, especially with the Metro Train line servicing a number of nearby suburbs.&nbsp;

The first stage of Norwest Quarter will become part of a vibrant and connected masterplanned neighbourhood just five minutes on the Metro from Castle Towers, with developing giants Mulpha at the helm.&nbsp;

&nbsp;

Over 70 per cent of the precinct is green, open space, with a mix of one, two and three-bedroom apartments planned across the first two towers, Banksia and Lacebark.

[smartcode_project:default project_id=103264 project_image_fid=196019]

The zero-carbon development will transform over 3.8 hectares of greenfield land into a vibrant town centre for over 2,000 residents once complete, with prices starting at&nbsp;$620,000 for a one-bedroom apartment.&nbsp;

Two-bedroom apartments are priced from&nbsp;$860,000 while the three-bedders begin at&nbsp;$1.46 million.&nbsp;&nbsp;

Developers Deicorp have been prominent in the north-west corridor, with the group also developing in Tallawong, just next to Rouse Hill. Tallawong Village is situated on the steps of the Metro line, which will take residents to Castle Towers within 15 minutes.&nbsp;

[smartcode_project:default project_id=106821 project_image_fid=169991]

Tallawong Village is the group's largest north-west development, set to feature 333 apartments when completed later this year.&nbsp;

Delivering a collection of one, two and three-bedroom apartments, the varying floorplans will target the owner-occupier market along with investors with a keen eye for the developing market.&nbsp;

The group continued a strong relationship with architects, Turner Studio, who have designed many of the apartments to feature additional study spaces.&nbsp;

The village will also benefit from the planned future Tallawong Town Centre, which will deliver up to 30,000 sqm of retail floorspace, while the bustling Rouse Hill Town Centre is just one stop away on the Metro.&nbsp;

There's been regeneration throughout the district, as well as the new Metro line serving a more direct route to the city.

Why buyers should be looking at Sydney's north west growth corridor 

Bondi Junction locals Stargate Property Group are set to launch The Centennial Collection, their anticipated two-tower Centennial Park apartment project just off Oxford Street.

Prices already agreed in principal will set a new benchmark for Bondi Junction, Ray White Projects Managing Director Eddie Mansour says.

The Nelson Street project of 73 apartments features a range of high-end inclusions from SJB, from a private rooftop swimming pool to bedroom fireplaces, wet bars, full-size wine fridges and butler’s pantries

[smartcode_project:default project_id=136076 project_image_fid=212615]

Each 10-level building will take in 270-degree panoramic views of the harbour, city skyline, and Centennial Park, with every apartments having its own wrap-around balcony. The project is also located just minutes to Queen Street.

SJB's design was chosen in what was&nbsp;Waverley Councils’ first design excellence competition, prior to development approval being granted in August 2022.

SJB Design Director Adam Haddow conceived the development’s artisan architecture, saying the&nbsp;sculptural organic form of the two buildings feels timeless, reminiscent of rocks worn down over millennia.

“On one of Sydney’s highest points, the buildings have this beautiful sense of elevation right at the edge of the city," Haddow said.

“In the residences themselves, the architecture and interiors are seamless. We have these amazing, highly-tailored, house-like environments; each residence with two or three edges to enhance the outdoor relationship.”

[smartcode_project:default project_id=136076 project_image_fid=212628]

SJB Senior Associate Victoria Judge handled the European-inrpsired interiors, noting that the apartments were designed to be like&nbsp;castles high on a hill.

"Envisioned as comfortable, liveable, house-like apartments featuring separate entry vestibules, wide, generous living areas with fireplaces, bedrooms with ample wardrobes and luxurious marble bathrooms, full room-sized laundries, and lots of natural light and airflow, they provide an elevated apartment living experience,"&nbsp;Judge said.

"Finishes are opulent and refined; generously detailed stonemasonry features softened edges and double bullnose trims, timber veneer joinery features curved corners and bold pediments that together bring an air of traditional monumentality.

[smartcode_project:default project_id=136076 project_image_fid=212621]

"Large format stone flooring in elegant creamy white is complimented by custom chequerboard timber parquetry and silky carpets. We wanted to give the spaces enduring qualities so people can still enjoy them in 10, 15, 20 years’ time.”

Communal facilities in the building will include a rooftop pool with outdoor dining and entertaining spaces and an indoor winter pool. Other facilities include a concierge, cold and dry goods delivery rooms and a wellness hub including a cardio and personal training area.&nbsp;

The building will also have EV charging stations and storage for all residences.

[smartcode_project:default project_id=136076 project_image_fid=212622]

Ray White Projects Partner, Marcello Bo said there is nothing like this level of luxury in this enclave of the Eastern Suburbs.

"Stargate is unequivocally raising the bar on luxury apartment living with this exquisite collection of extraordinary, house-sized residences," Bo said.

"Not a stone has been left unturned in the range of elevated finishes and inclusions being offered.”

The project is set to get underway in mid-2023 and is earmarked for completion by the end of 2025.

[smartcode_project_cta:default project_id=136076]

Each 10-level building will take in 270-degree panoramic views of the harbour, city skyline, and Centennial Park, while also being located just minutes to Queen Street

The Centennial Collection to reset Bondi Junction apartment price benchmark

Sydney's luxury real estate market is leading the charge in the city's latest housing boom.

After more than a year of stagnant prices, the national housing market has recorded a month-on-month increase, largely driven by a 1.4 per cent surge in Sydney.

Prominent Sydney developer Aqualand has benefitted from the change in both sentiment and prices over 2023, securing over $150 million in sales from&nbsp;BLUE at Lavender Bay, The REVY in Pyrmont, and AURA by Aqualand in North Sydney.

North Sydney, in particular, has seen strong activity, according to Ray White Chief Economist Nerida Conisbee.

[smartcode_project:default project_id=30959 project_image_fid=202657]

“The depth of the buyer pool for the top-end of the market is a stand-out, while North Sydney and the broader north shore continues to outperform,” Conisbee said.

“We’re now consistently seeing house price growth across Sydney, led by the top quartile of the market.”

Aqualand’s $1 billion AURA by Aqualand project did most of the heavy lifting across the portfolio, securing over $100 million since the turn of the year, a sign of the city’s unwavering demand for high-end apartments.

Alex Adams, Aqualand's Head of Sales and Marketing, said the&nbsp;strong sales at AURA reflect the unique offering the group has created, which they believe is a positive sign for the broader luxury apartment market in Sydney.

[smartcode_project:default project_id=30959 project_image_fid=202656]

"We’ve experienced month-on-month growth since November 2022 with a spike in sales every month this year,” Adams said.

“We’ve seen a breadth of sales across all apartment types at AURA buoyed by major public domain improvements, transport development and the robust growth potential of North Sydney more broadly.”

A buyer recently purchased two adjoining four-bedroom sub penthouses for $12 million.

Other notable prime sales at AURA include two four-bedroom apartments, which sold for $7,115,000 and $7,250,000, as well as a three-bedroom apartment for just under $5 million.&nbsp;

“The majority of sales have been from buyers from the lower and upper north shore with buyer activity led by owner-occupiers and downsizers," Adams added.

“AURA’s performance is a key indicator of this robust market, setting the stage for an exceptional year in luxury residential sales.”

[smartcode_project:default project_id=7559 project_image_fid=212083]

Meanwhile, The REVY in Pyrmont has exceeded $20 million in sales over the last three months and over $35 million has been achieved at BLUE at Lavender Bay, with both projects expected to be selling out soon.

House price growth is expected to continue thanks to fewer building approvals, returning overseas migration and chronic rental shortages, with Sydney unit rents up 18.1 per cent year-on-year. Sydney’s prime price performance trended above the average global annual growth, as reported in the Knight Frank Prime Global Cities Index.

“For those able to transact in this market, there are strong indicators for further growth in Sydney house prices over the medium- to long-term,” Conisbee said.

[smartcode_project:default project_id=7559 project_image_fid=212083]

“Sydney’s prices have jumped 4.1 per cent since December. There’s a dire shortage of stock, while persistent rental shortages will only add further pressure.”

The upward trend will continue to create demand for well-located, high-quality apartments, according to Adams.

“The opportunity to invest in a project which has construction nearing its peak, such as AURA, is extremely attractive to buyers," he said.

“Our buyers also understand what a unique offering AURA is. It really is incomparable to any other projects on the north shore.

“Our hospitality and services business, Etymon Projects, has collaborated with designers to craft an artfully curated selection of venues in AURA’s podium levels, including a providore, bakery, café and wine bar, an all-day diner and a contemporary Japanese restaurant.

“This will serve to enhance and enrich the lives of residents living above a vibrant and refined culinary scene, while also creating a new neighbourhood destination that will be a beacon for visitors and residents in the broader metropolitan area.”

[smartcode_project:default project_id=30959 project_image_fid=202993]

“Residents will also have access to a 5-star luxury hotel-style concierge to cater to their everyday lifestyle and special occasion needs. This service goes well beyond what’s normally available in apartment buildings and has been extremely well received in our BLUE at Lavender Bay project.

“It also appears that AURA is set to be the last North Sydney project to benefit from substantial parking for residents as North Sydney Council plans to enforce parking ratios on future projects."

In addition to the onsite parking, residents will have convenient access to the future Victoria Cross Station next door or use the exclusive pool of Tesla electric vehicles we’re providing.

[smartcode_project_cta:default project_id=30959]

North Sydney, in particular, has seen strong activity, according to Ray White Chief Economist Nerida Conisbee

Aqualand reaps rewards of high-end property surge with $150 million in 2023 sales

Since the near year-long downturn ended, which was a few months ago according to most property data analytics firms, Sydney has flown out of the traps following double digit declines.

CoreLogic's Home Value Index showed a further 1.3 per cent growth in dwelling values (houses and units) over April, following 1.4 per cent gains in March.

Now houses are -12 per cent down over the last 12 months, with units back -7.2 per cent. Both markets have shown a considerable bounce back over the last two months, each posting gains of over one per cent month on month.

The end of the downturn is&nbsp;bringing buyers back to an increasingly undersupplied market. Sydney held 570 auctions over last weekend, well down on the 914 held last year. The preliminary clearance rate was just over 70 per cent, the seventh consecutive week the preliminary clearance rate was above 70 per cent.

Off the plan agents are saying the tight supply is assisting in the strong results being achieved all across Sydney, everywhere from St Leonards to Sydney's Eastern Suburbs.

CBRE Residential Projects Managing Director, David Milton, says there’s some strong data out there which is improving market sentiment.

"With the RBA approaching a holding phase, and the huge immigration forecasts, there’s set to be a lot more demand in the market," Milton says.

"People are thinking now is the time to buy. They aren’t wanting to wait another 12 months."

Milton says enquiry hasn't necessarily increased, but the quality of the enquiry and the intentions of those enquiring has been much higher, which is leading to improved conversion rates.

CBRE sold out&nbsp;The Cambrian in Paddington by Robby Ingham on the launch day, all 15 apartments. Now they're readying the full launch of the equally rare Woollahra Collection by Fortis, which Milton says will appeal to the Sydney high-end market.

CBRE are also preparing to launch The Landmark Quarter, the next St Leonards project for New Hope Group.

The three-tower project on Marshall Avenue features a range of one, two, three and four-bedroom apartments, as well as a handful of terraces.

[smartcode_project:default project_id=139897 project_image_fid=212572]

St Leonards has had solid demand in recent months, evidenced in Top Spring's The Newlands, just off Newlands Park.

The Colliers project marketing team recorded a 104 per cent increase in sales in Q1 compared to the same time last year, notably due to the $60 million in sales recorded over a VIP weekend held at Top Spring's The Newlands in April.

Colliers National Director of Residential&nbsp;Blake Schulze says despite mixed market sentiment, the residential market across Sydney’s off-the-plan market has continued to yield strong results.&nbsp;

"We have found that there is strong market participation from local owner occupiers who are opting to purchase in projects close to where they are currently living or working," Schulze says, noting that over 20 per cent of purchasers currently live within five kilometres of the site.&nbsp;

"We are experiencing strong market demand for premium oversized apartments across Sydney, dominated by local owner occupiers and downsizers," Schulze says.

[smartcode_project:default project_id=24509 project_image_fid=203623]

"Over 45 per cent of the three-bedroom stock at The Newlands has sold. These apartments are appealing to young families as the generous bedrooms and living spaces are a key consideration for buyers, in addition to the well curated amenity offering."

The lack of supply in Sydney's eastern suburbs has seen strong enquiry already for The Centennial Collection, the new Bondi Junction project from local developer Stargate.

[smartcode_project:default project_id=136076 project_image_fid=212615]

Ray White Projects Managing Director Eddie Mansour says there's a number of buyers ready to transact even ahead of the public launch on May 4.

"Buyers will be transacting at levels above what Bondi Junction has ever seen, which highlights both the lack of future supply in the area and the high quality product Stargate and SJB Architects have put together," Mansour says.

The lack of supply for anything new in Bondi Beach has seen&nbsp;numerous offers on the AYA Penthouse, the $26 million apartment crowning the Koichi Takada-designed Aqualine in Bondi Beach.

<img alt="AYA penthouse" data-entity-type="file" data-entity-uuid="d70bef9e-f3ee-4fff-a472-906530802c82" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-21%20at%208.25.10%20am.png?VersionId=Rk74nsTTvh24dazQQoUNoEqsiovrJ638" />

Mansour says the majority of buyer interest has been from expats who are familiar with Bondi Beach.

"There was some scepticism in launching such a rare, potentially record-breaking priced apartment, in the current economic climate, but the marketing has gone really well."

In Western Sydney, Ray White Projects Western Sydney Managing Director Mark Bernberg says we're now moving into a stabilisation phase for both property values and interest rates.

"Stabilization is a huge thing in property," Bernberg says.

"It removes the fear of the unknown and the fear of change. That will bring more buyers back into the market in the near term, and after a period of holding, barring external circumstances globally, the RBA will cut interest rates as inflation starts to noticeably come down. Rates coming down always results in prices going up.

[smartcode_project:default project_id=27460 project_image_fid=195123]

"Buyers have more money in their pockets as borrowing capacity pops up. That will in turn see more stock come to the market as developers realise there are more buyers transacting."

McGrath Projects Associate Director Adam Sparkes says they are seeing a strong return of the investor.

"Investors such as sophisticated institutional purchasers and private investors buying through a SMSF through to first time investors are all seeing now is an excellent time to buy into a high quality development for a medium to long term hold," Sparkes says.

"The consumer is now more researched than they ever have been – we treat all new enquiry (owner occupiers or investors), coming to our team as a ‘white hot lead’," Sparkes says.

[smartcode_project:default project_id=94147 project_image_fid=197738]

"As a general theme all are seeking high quality construction and a strong track record from the team behind a given development – both seen as crucial elements when considering buying a brand new or off-the-plan dwelling."

Sparkes is marketing Grand Reve by Kassis Homes, who are offering purchasers a 10-year structural defect policy,&nbsp;one of the first apartment towers in NSW in more than two decades to be given an insurance policy against building defects.

"This provides a genuine level of comfort for the consumer and has resulted in new sales from older enquiry now recognising quality will prevail – not only from the team behind the development, but the added safety of such an Insurance policy," Sparkes says.

City Beat May 2023: Sydney sees strong off the plan sales activity 

Sutherland Shire builders, D.velop.R, has commenced construction on the $43.8 million Cronulla development, Callista.

Developed by the multi-award winning Fiducia Property Group, Callista will comprise 12 Mediterranean-inspired residences in two, three, and four-bedroom configurations, all with direct beach access, landscaped gardens, and private courtyards.

<a data-entity-type="file" data-entity-uuid="d1a5a619-e7af-470e-94d9-a111508c28ad" href="/new-apartments/cronulla-nsw-2230"><img alt="Render of the Cronulla project, Callista" data-entity-type="file" data-entity-uuid="d1a5a619-e7af-470e-94d9-a111508c28ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/LAANSTUDIOS_LOBBY%20ENTRANCE_FINAL2500%20V1.jpg?VersionId=_witZCSCxq8T67f6BBW5zC4OoRCH6ZHs" /></a>Render of the Cronulla beachside development, Callista.

With early works and demolition underway at 14 Roker Street, Callista will deliver the epitome of classic coastal luxury, with the project expected to come out of the ground in 2024.

Highland CEO, David Highland said the company is pleased to witness Callista move into the construction phase.

“The project has been well received by prospective buyers, with enticement surrounding the picturesque location and design of the proposed plans," Highland said.

“Despite recent interest rate rises putting pressure on housing prices and mortgage availability, we remain very positive on the Southern Shire apartment market, particularly for strong developers like Fiducia.”

<a data-entity-type="file" data-entity-uuid="22d7ddc9-31b1-48ff-8a82-2474c3d3873c" href="/new-apartments/cronulla-nsw-2230"><img alt="Render of the Cronulla beachside development, Callista." data-entity-type="file" data-entity-uuid="22d7ddc9-31b1-48ff-8a82-2474c3d3873c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/LAANSTUDIOS_COMMUNAL%20AREA_FINAL5000.jpg?VersionId=9dJ4vcmMougkHQzxapktsN9ZGjjVphMQ" /></a>Render of the communal area in the Cronulla beachside development, Callista.

Since Callista launched to the market late last year, Highland has witnessed strong enquiry from a range of buyers including young professionals, downsizers with a love for beachside proximity, and locals seeking an upgrade in living.

Callista has had two sales to date with a ground floor three bedroom selling for $2.75 million and the only penthouse in the project, which sold for a record $7.3 million.

The remaining stock is priced from $2.35 million to $5.3 million with the average price of $25,424.44 per sqm.

Construction commences on $43.8m Cronulla apartments, Callista

Sam Arnaout’s Iris Capital is set to fast-track development of the final stages of its $1 billion East End Village in Newcastle after securing $50 million in sales just a month into their launch.

The rich lister is aiming to start construction of stages three and four of the transformational development by the end of this year following the massive sales run that has been led by local buyers.

“The market response to our final release of apartments has been exceptional and we will begin construction as soon as final approvals have been granted,” said Arnaout.

<img alt="Render of the final East End stage in Newcastle" data-entity-type="file" data-entity-uuid="66cdd2cc-c38c-4a88-b318-b23cc700aaf2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/EE_S3_S4_Cam09B_FINAL.jpg?VersionId=TfiV3Zq550nZ7EUsXrSkHFOBXAAQZjY_" />Render of the final East End stage in Newcastle

“We entered the Newcastle market with confidence when we took on the East End Village development in 2016, and that confidence has never waned. The infrastructure spent over recent years to transform the city have made Newcastle CBD one of the most sought-after addresses for locals as well as buyers from Sydney.”

Project marketers Urban Activation, led by Matt George, was appointed in early March to oversee marketing and sales of the East End Village with the team for the $450 million final stages.

“Our team hit the ground running with the latest release of apartments which offer buyers the last chance to be a part of the most significant urban renewal development ever undertaken in Newcastle,” George said.

“Our team has been inundated with inquiries from buyers, most of them locals, as demand for inner-city living in Newcastle continues to firm in the current market. Buyers are looking for premium residences with urban amenities right at their doorstep.

“The sales already achieved by our team support our longer-term view that Newcastle and the Hunter Valley are among the strongest residential property markets in Australia at the moment.”

<img alt="Render of the Newcastle project East End" data-entity-type="file" data-entity-uuid="15f79f65-9643-4f6f-b248-fa64145bc171" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/EE_S3_S4_Cam03A_FINAL.jpg?VersionId=g1DuBHs_YcGgIPYiRYKEb8_b6s0x6q_m" />Render of the Newcastle project East End.

Iris Capital’s vision for East End Village spans twelve new buildings over four blocks in the Newcastle CBD, including the sold out first stage comprising the historic Fabric House, Washington House, and Perkins &amp; King buildings which have been transformed into a retail and multi-residential precinct that is centred on the open space of Lyrique Lane.

The final two stages are a collaboration between three architectural firms, SJB, DBJ and Curious Practice, all of which won a design competition for the best achieved design excellence amongst their peers.

One-bedroom residences in the final stages of East End Village are priced from $750,000, while two-bedroom offerings are priced from $1.15 million and three-bedrooms from $2.75 million.

[smartcode_project_cta:default project_id=107744]

Iris Capital secure $50m sales blitz in a month for final Newcastle East End stages

Property developer Holdmark Group is set to create another mixed-use village in Sydney's west, submitting plans for a huge 5.5 hectare site in Kingswood, next door to Penrith

The Caddens Corner project, neighbouring&nbsp;Western Sydney University and TAFE NSW,&nbsp;will flank the Caddens Corner Shopping Centre on O'Connell Street. The plans are for a 19-building community, which will bring new residential, retail and commercial, as well as extensive landscaping and community gardens.

Just under 600 dwellings are planned as part of the&nbsp;$283.5 million masterplan.

Holdmark, who are involved in the development of a vibrant community in Melrose Park, said they took learnings from the Caddens community which helped shape the design.

"We have learnt a lot about Caddens and the greater region through our experience with the community and shoppers at Caddens Corner," a Holdmark spokesperson said.

"We understand what they love about Caddens and we also understand what they want to see for the area."

<img alt="Caddens Corner" data-entity-type="file" data-entity-uuid="c5b9320a-249f-4108-833c-d3063fa1eef8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-26%20at%203.23.24%20pm.png?VersionId=OpC_D_Jj6QmriawZPwu_H.pzGeiJ.BSm" />

Holdmark says the&nbsp;project was created with the community at the forefront of design and place making.

"The development aims to further establish Caddens a strong and vibrant community precinct with many different civic, natural and urban spaces all connected together.&nbsp;

"New community meeting places, parks, natural reserves and walkways will be accessible to the community and delivered part of this project."

The project will be delivered in four stages, the first stage bringing 145 dwelling across five buildings. There will be around four to five buildings delivered per stage. The last stage, which will see six buildings constructed, will also include four shops and new food and beverage tenancies.

<img alt="Caddens Corner" data-entity-type="file" data-entity-uuid="c137a140-6991-4711-8292-5ff418809c9a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-26%20at%203.22.52%20pm.png?VersionId=mMDJyG6IOsDMWdksA2N6LUgrc6WinjiH" />

Part of the brief to architect Turner Studio was to create a number of different housing typologies which would suit a variety of buyer.

"The project creates a diverse product offering appealing to different purchasers at different stages in their lives, whether it be ground floor lofts or upper level terraces with landscaped rooftop community spaces," Holdmark said.

Turner Studio noted that the proposed design will incorporate this generic suburban shopping centre into a pedestrian friendly village centre.

"The proposal to enhance the quality of the site by transforming it into a mixed-use precinct will bring vibrancy and interconnectedness to the existing retail centre and the emerging locality," Turner wrote in their Design Report to the Penrith City Council.

<img alt="Caddens Corner" data-entity-type="file" data-entity-uuid="c625f33f-6dc5-4481-9dad-a4540563ed7b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-26%20at%203.23.30%20pm.png?VersionId=7iRppm4WYHsHAAU7bSYtLVHtbsTcX1cj" />

"The public spaces drive the overall design of the precinct, with a series of public spaces in the form of tree-lined streets courtyards, a retail plaza, a public park that are connected by streets and laneways with unique characters."

Turner says the&nbsp;development proposal builds upon the vision and objectives of the Caddens DCP by creating a vibrant and diverse mixed-use development that responds to local needs by supporting the future culture of the local community.

The project is around five kilometres from downtown Penrith.

First look exclusive: Caddens Corner to secure nearly 600 dwellings in $283 million masterplan

AURA by Aqualand, the $1 billion mixed-use development in North Sydney, has achieved a construction milestone, reaching the top of the tower, contributing to the evolving skyline of the area.

Part of any good marketing campaign is the showroom or display suite, particularly for a project of this size and calibre. Aquland's overall marketing strategy for AURA by Aqualand has&nbsp;earned the company a nomination as a finalist in the AREA Awards' 'Game Changer of the Year' category.

The nomination recognises Aqualand's progressive approach towards customer experience, providing prospective buyers with comprehensive information about North Sydney's public domain strategy, future amenities, transport, and growth areas.

This approach has been facilitated through technology that has not been previously seen in Australia.

Since the launch of the marketing campaign in December 2021, AURA has generated solid sales enquiries, with a significant contribution from the evocative computer-generated images (CGI) and animation produced by the reputable architectural visualisation company, Binyan Studios.

<img alt="Image inside the AURA by Aqualand display suite, showcasing the innovative features the group has included" data-entity-type="file" data-entity-uuid="12e852a8-e14e-41ef-80ac-c0e8056477cf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/AURA%20Display%20Suite%203.12.21_13.jpg?VersionId=EkJCh1KznMUx.5sG66TEZ1VzLRUQN3rx" />Image inside the AURA by Aqualand display showroom, showcasing the innovative DS-Immersion wall.

The CGI and animations take centre stage in AURA's display showroom, which showcases a newly installed interactive digital masterplan of the new North Sydney.

This display has been created in partnership with the proptech company, DisplaySweet. The use of advanced technology in the marketing campaign has set a new benchmark in the industry, making Aqualand's nomination well-deserved.

The display showroom revolutionises the property marketing customer journey and challenges traditional sales methods, Aqualand’s Head of Sales and Marketing Alex Adams said.

“A big feature of the display showroom is the interactive digital masterplan, which highlights projects outlined in the North Sydney Strategy and is not only a visually impressive tool; it also demonstrates our commitment to providing our clients with a wealth of information and context about the area they are investing in,” Adams said.

“This allows them to make informed decisions and visualise the long-term value of their investment.”

Aqualand’s Group Managing Director, Jin Lin, credits his team’s dedication and approach to collaborative partnerships with industry leaders including Binyan Studios, DisplaySweet and The Property Agency, for the award nomination.

[smartcode_project:default project_id=30959 project_image_fid=202986]

“Part of the reason AURA has been so successful since its launch is also due to the visually breathtaking creative used across its marketing campaign, including advertising, brochures and website all designed by specialist agency The Property Agency, who’ve branded developments across Australia for over 35 years,” Lin said.

“We’re proud to be recognised for our efforts to reshape the industry and create unparalleled experiences for our customers.

“Being named a ‘Game Changer of the Year’ finalist is a testament to the hard work and dedication of our team and our partners,” he added.

According to DisplaySweet ANZ Account Director Marcus Skeggs, the display showroom is “easily the most innovative in the country.”

“AURA’s interactive display showroom transforms the customer journey, allowing buyers to visualise their future homes through cutting-edge technology, including the DS-Immersion Wall, DS-Immersion Room, and interactive digital masterplan of North Sydney, Sydney’s CBD and Sydney Harbour," Skeggs said.

“Aqualand continues to set new standards and drive positive change, cementing its reputation as a true game changer."

<img alt="Image inside the AURA by Aqualand display suite, showcasing the innovative features the group has included" data-entity-type="file" data-entity-uuid="6fa2208e-efd8-45b4-a821-4b3d46ac558f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/AURA%20Display%20Suite%203.12.21_14.jpg?VersionId=jaJTWQSftHtqDuPvvqSGm1qvkXCD6vJh" />Image inside the AURA by Aqualand display showroom, showcasing the innovative DS-Immersion room.

With the recent introduction of the interactive digital masterplan in the AURA showroom, Aqualand has demonstrated its vision for the future of luxury property marketing and customer engagement.

“Aqualand’s in-house delivery and state-of-the-art approach to the display showroom exemplifies the kind of innovation and commitment to excellence that we need in the property development sector,” Lin added.

“By incorporating technology and working with the best in the industry, we’re transforming the way people experience luxury property marketing.”

Construction on the landmark mixed-use development at 168 Walker Street has reached midway point and is slated for completion in mid-2024. The project is being delivered by Aqualand’s internal construction arm, which the developer launched to safeguard the integrity, efficiency and safety of its projects.

In addition to the $1 billion North Sydney project, Aqualand's pipeline also includes their upcoming Central Barangaroo project which is the final stage of the Sydney CBD waterfront precinct.&nbsp;

[smartcode_project_cta:default project_id=30959]

Aquland's overall marketing strategy for AURA by Aqualand has earned the company a nomination as a finalist in the AREA Awards' 'Game Changer of the Year' category

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