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?

Sydney's north west is booming at the moment as more take to the outskirts of the city.

The development of the Metro train line aided in the growth, with easier connections to the CBD and wider community and major drawcard.&nbsp;

But there's also been a major influx of residential development, not only catering to the demand, but also bringing new residents into the north-western suburbs.&nbsp;

Prominent developers Deicorp have been a major player in the game out west, with the group currently developing both the Hills Showground Precinct in Castle Hill and Tallawong Village just outside of Rouse Hill.

That's where Kellarney Developments are also developing, just outside of Rouse Hill at Box Hill.&nbsp;

[smartcode_project:default project_id=22636 project_image_fid=208857]

Located on the fringe of the new Box Hill Town Centre, Killarney Ponds will target the family occupier market, with the project located within 15 minutes of 15 different schools and education facilities.&nbsp;

With construction well underway, all of stage one has already been sold out, with the group now selling stage two.

The group have made lifestyle a priority when designing the homes, which feature stylish, modern spaces that&nbsp;extend from the living spaces into common areas, including an array of lobby-style common areas.

There's 62 apartments on offer at Killarney Ponds, with a mix of one, two and three-bedroom apartments spanning from&nbsp;110 sqm through to 170 sqm.

The homes have been designed to maximise on space, with the open plan living spaces flowing seamlessly onto generously-sized balconies and courtyards, taking advantage of the natural connections.&nbsp;

[smartcode_project:default project_id=22636 project_image_fid=208858]

There's also a collection of just eight townhouses on offer at Killarney Ponds, spanning from&nbsp;140 sqm to 165 sqm, as well as a more premium offering of penthouse apartments in the upper levels of the building.&nbsp;

Penthouse residents will enjoy a private alfresco area, while there's also a larger alfresco area for all residents on the ground floor, in addition to a picnic area, gym and function room.&nbsp;

Prices begin from&nbsp;$549,000 for a one-bedroom apartment, while the two-bedders are priced from&nbsp;$670,000 and three-bedders from&nbsp;$765,000.&nbsp;

Sitecorp are currently construction the development, with completion slated for September this year.&nbsp;

[smartcode_project_cta:default project_id=22636]

There's 62 apartments on offer at Killarney Ponds, with a mix of one, two and three-bedroom apartments spanning from 110 sqm through to 170 sqm

Family-occupiers the target for new Box Hill apartment development, Killarney Ponds

Urban Property Group (Urban) have expanded their $2.5 billion residential apartment pipeline, purchasing The Halston, the <a href="/developments/north-strathfield-nsw-2137">North Strathfield</a> apartment project.

The development approved, 145-unit project will be Urban's first project in <a href="/developments/north-strathfield-nsw-2137">North Strathfield</a>. It has a forecasted end value of $150 million.

The Australian-owned development company, who operate all over Sydney with projects from Little Bay to Penrith, bought the George Street development from Piety Group.

Laver Residential Projects Director&nbsp;Dennis Vertzayias says Urban's one-stop-shop as a developer builder breeds confidence in the off the plan market.

[smartcode_project:default project_id=29396 project_image_fid=195578]

"It gives us as agents, and the prospective buyers, assurances that the project is going to get built, which is particularly important in this current environment of high labour and construction costs,"&nbsp;Vertzayias says.

"There's a certainty behind the time frame, as well as quality control, when the developer is also in charge of the build."

Vertzayias says there's not a lot of brand new apartment stock in the area.

"The Halston is the only project under construction, and is the only choice for brand new living, in a precinct close to transport, retail, and with all of the Olympic Park amenity also close by."

Demolition on site has commenced, with completion slated for the end of 2024. Laver Residential Projects Project Director Sam Elbanna is handling the sales at The Halston.

[smartcode_project:default project_id=29396 project_image_fid=195557]

Designed by FUSE Architects and Sydney-based architecture studio Jackson Teece, The Halston offers a range of one, two and three-bedroom apartments across three buildings.

The site occupies a well-serviced area referred to as “the triangle of hubs” between Rhodes, Olympic Park and Burwood with proximity to Sydney’s CBD, as well as restaurants, parks, schools and Westfield Burwood.

Urban Property Group Chief Operating Officer Mark Elias, said the team are excited with the acquisition and to continue to expand their development pipeline.

"The opportunity to acquire a site as strategically located as the Halston, inclusive of its development approval, was one we couldn’t pass up," Elias said.

[smartcode_project:default project_id=29396 project_image_fid=195577]

"With units already selling, we are aiming to deliver the project on an accelerated timeline with construction commencing in April 2023 and expected completion at the end of 2024.

“We are proud to continue to expand Urban’s residential portfolio of developments with market-leading design and amenity, while also catering to those across the socio-economic spectrum with an affordable housing offering.”

<h3>About the developer</h3>

Urban is a progressive, family-owned property company with a passion for market-leading design and has a proud legacy of development in Western Sydney.

As a family business with over three decades of experience, Urban has grown into a&nbsp;multi-disciplinary organisation&nbsp;with the capacity to fund, design, develop, and build its own projects, and brings this unique set of experience and values to the project.

[smartcode_project_cta:default project_id=29396]

The Australian-owned development company, who operate all over Sydney with projects from Little Bay to Penrith, bought the George Street development from Piety Group

Exclusive: Urban Property Group buy The Halston, North Strathfield apartment project

Sydney apartment developer Central Element and their joint venture partner Develotek are heading to Sydney's Inner West region for their next project.

They've lodged plans for a boutique development on the waterfront in Drummoyne, which will be the first project in decades to be released on Drummoyne Bay.

The project, dubbed Bianca Drummoyne at&nbsp;2C – 2D Wolseley Street, will comprise just 12 three and four-bedroom apartments, designed to take in expansive views of the water and city skyline through the&nbsp;floor-to-ceiling glass windows. The resident amenity has been focused around the rare waterfront location, with an outdoor swimming pool and communal gardens all fronting the water.

Award-winning multi-disciplinary architecture and design firm SJB have been appointed to lead the creative vision for the project – handling both architecture and interiors. A long-standing partner of Central Element, Principal Adam Haddow and the team having worked tirelessly on projects including Pienza Neutral Bay and Ethos Chatswood.

<img alt="Drummoyne" data-entity-type="file" data-entity-uuid="324f1c2e-2d2a-4855-bba3-de59657f85e7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-18%20at%2011.22.29%20am.png?VersionId=ZZTD28wwgPfA.LOloM8IHZaLw1TBxU0x" />

Nathan Chivas, Managing Director of Central Element, expressed his enthusiasm regarding the company's expansion and increasing momentum in the Sydney market.

“The Drummoyne site will mark the company's first project in the Inner West, an area known for its unique location on the peninsula surrounded by water on three sides, and only six kilometres away from the Sydney CBD," Chivas said.

"This strategic move aligns with the company's vision of seeking out exceptional sites in premium suburbs to build luxurious living spaces of the highest quality.

“We are delighted to be working with Develotek, and our trusted creative team at SJB on the design and interiors for this truly exclusive new project in Sydney’s inner west.”

Develotek is an Australian property development and investment group specialising in the design and development of apartment living across Sydney.

John Fernandes, Director of Develotek, said they are&nbsp;excited to deliver the rare project with Central Element.

"This exceptional project will offer a unique combination of direct North-facing waterfront living and a breath-taking aspect to the city and the Drummoyne Peninsula.

"The seamless fusion of these features not only promises a lavish living experience but will also provide a range of health benefits associated with waterfront living and natural sunlight exposure.

"Residents can relish in the luxurious lifestyle that comes with living on the water’s edge while enjoying the added advantage of improved health and wellbeing”

Drummoyne is expected to launch to market in the second half of 2023.

Central Element is currently selling Pienza in Neutral Bay and Ethos Chatswood. They're also expected to launch their $100 million Hyde Park project this year.

The project, dubbed Bianca Drummoyne at 2C – 2D Wolseley Street, will comprise just 12 three and four-bedroom apartments, designed to take in expansive views of the water and city skyline

First look: Central Element and Develotek lodge plans for Bianca Drummoyne

A carwash facility and a car mechanics in the heart of North Parramatta is set to make way for a new apartment development, committed to helping solve the current shortfall of affordable housing in the area.

The new project at 132 Victoria Road, on the border of North Parramatta and Parramatta, will bring 45 apartments to the small suburb of just 12,000 people, with over half part of the affordable housing initiative.

North Parramatta has a tight unit market. As of March 31, just 13 units were for sale in Parramatta, while over the 12 months to March 31, asking rents for units increased by 15.8 per cent.

<img alt="North Parramatta" data-entity-type="file" data-entity-uuid="cbc83d33-435c-4800-bf52-382450af81a9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-18%20at%208.57.58%20am.png?VersionId=P2gXM19ajaPqmawMhondEx6Yxs6uHNFy" />A render of the proposed plans at 132 Victoria Road. Image credit: JS Architects

A&nbsp;Social Impact Assessment by Urbanism Planning &amp; Development said it was these stats that&nbsp;suggests that there may be a lack of affordable rental housing in North Parramatta given that the suburb has a higher portion of loan person households than Parramatta LGA but a limited supply of affordable rental accomodation.

"The most significant indicator of continuing unaffordability is that despite a -4.6 per cent decrease in the median value of houses in North Parramatta over the past 12 months there has been a 15.8 per cent increase in the asking rents for units and a five per cent increase in asking rents for houses over the same period," the report noted.

"Although broader economic factors including inflation and rising interest rates are causing a correction in median house and unit prices locally, the rental market is experiencing strong rental demand and rental price growth. This continue to increase housing stress for renters in North Parramatta."

The 45 apartments, designed by JS Architects, are split into three one-bedroom units (seven per cent), 24 two-beds (53 per cent), and 18 three-bedders (40 per cent). 27 of the apartments will be reserved for affordable housing.

There will be three retail spaces on the ground floor, fronting both Victoria Road and Gaggin Street, as well as a communal rooftop terrace with playground and dining areas.

<img alt="132 Victoria Road North Parramatta" data-entity-type="file" data-entity-uuid="1238194c-d29c-4003-a412-8185651e8d99" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-18%20at%208.58.04%20am.png?VersionId=yWKgiDqSrxMseTYHGyStZqb_985xhqNa" />A render of the proposed plans at 132 Victoria Road. Image credit: JS Architects

Landscaping is a key feature in the project.

Landscape architect Naddi Designs said that as the Parramatta LGA&nbsp;undergoes significant transformations with Parramatta highlighting itself as the second city of Sydney, it is key that developments such as this contribute positively to the landscape character of the area.

"The vision for 132 Victoria Road seeks to deliver a range of landscape opportunities and enhance the development's synergy with its current and future context," Naddi Designs noted in their Landscape Proposal report.

"The planting selection has considered areas of the subject site including the street frontage, western ,eastern and northern landscapes, areas of shade and the rooftop terrace for best practice in design.

"The final landscape character of the site will further accentuate the unique architectural forms, unlock unique opportunities and experience for users, and create an attractive outcome the the areas and the street front."

<h3>Fast Facts</h3>

<ul>
	<li>Address: 132 Victoria Street, North Parramatta</li>
	<li>Site area: 2025 sqm</li>
	<li>Apartments: 45</li>
	<li>Three x one-bedroom apartments</li>
	<li>24 x two-bedroom apartments</li>
	<li>18 x three-bedroom apartments</li>
	<li>Three retail spaces with a combined 742 sqm</li>
	<li>Resident car spaces: 89</li>
</ul>

The new project at 132 Victoria Road, on the border of North Parramatta and Parramatta, will bring 45 apartments to the small suburb of just 12,000 people



New North Parramatta apartments to plug gap in affordable housing

TQM Group and ACE Property Development Group are set to present their upcoming project The Grand at an exclusive sales launch event.&nbsp;

The event will take place on Saturday April 29 from 12 pm to 4 pm at the Lyons Den Gosford, just up the road from where The Grand is located on Mann Street.&nbsp;

Buyers will be able to discover the design of the apartments, as well as get an idea behind the state-of-the-art amenities that will be on offer once the build is completed.&nbsp;

[smartcode_project:default project_id=22753 project_image_fid=210669]

Food and drink will be served as buyers have the chance to speak to the team of agents and in-house experts who will be on hand to answer any questions.&nbsp;

Gosford's Mann Street is one of the most ideally located spots for apartment seekers arguably across the whole of the Central Coast.

It's a stones throw from Central Coast Stadium, the Central Coast Leagues Club and its affiliated park, and the Drifters Wharf and accompanying Brisbane Water. Pair that with an array of coffee shops, retail and restaurants, there's no better spot to be in the gateway to the Central Coast.

The&nbsp;amalgamated site was secured for $9.65 million in mid-2021 and is set to comprise&nbsp;138 apartments across an 18-level Kann Finch-designed tower.&nbsp;

The two-bedroom floorplans are priced from $700,000, spanning nearly 100 sqm of internal living space, with each oriented to take in the impressive views on offer at The Grand.&nbsp;

[smartcode_project:default project_id=22753 project_image_fid=210685]

The bowed terraces seamlessly connect to the vast internal living areas, which adjoin to kitted out kitchen and dining rooms, featuring stone island benches, back-lit stone splash backs, brushed brass Parisi tap ware and ILVE appliances.&nbsp;

A street level podium will house a number of food and beverage tenancies, while a resident's infinity pool will crown the podium levels, along with a landscaped garden by Site Image Landscape Architects.

TQM will handle the construction of the project, which is slated for completion in 2025.&nbsp;

Interested buyers can register for the event by <a href="https://www.eventbrite.com/e/the-grand-public-launch-tickets-594259856227">clicking here</a>.

[smartcode_project_cta:default project_id=22753]

The event will take place on Saturday April 29 from 12 pm to 4 pm at the Lyons Den Gosford, just up the road from where The Grand is located on Mann Street

TQM to host exclusive sales launch event for The Grand, Gosford apartment

Local builder developer Saf Developments has paid a record $9 million for Maeve, the luxury townhouse and apartment development project in the heart of Bowral.

Maeve, on a 6,000 sqm site at 18 Kangaloon Road,&nbsp;was sold by Reform in an off-market deal negotiated by Knight Frank agents Nathan Berlyn and Luke Hayes, who are also marketing the 12 apartments and 12 townhouses. The development sale was more than double the price of a medium-density site in the area.

Berlyn said there had been strong demand from multiple developers over the course of the off-market campaign to sell the Maeve site and project, and ultimately it was sold to an existing client who was a local builder-developer.

[smartcode_project:default project_id=134917 project_image_fid=207163]

“This property garnered strong interest largely due to being a development-approved, turnkey site in a great location, within walking distance to town.

“It also has a high-end design and a superb product mix with large, oversized homes that perfectly cater to the growing downsizer market in Bowral.”

Around half of Maeve is already sold. The townhouses are sized at 221 sqm and start at $2.2 million, while the apartments, which range from 131 sqm to 179 sqm, start from $1.7 million.

[smartcode_project:default project_id=134917 project_image_fid=207170]

Luke Hayes said Bowral’s real estate market was performing exceedingly well.

“The biggest driver for demand without a doubt has to be the sheer lack of quality stock available for the local market, who are largely equity buyers wanting to downsize to new homes with house-like proportions,” he said.

“With a growing of the local population now reaching retirement age, demand for this type of accommodation in Bowral has increased considerably each year.

“I’d say also a third of this market are co-primary Sydneysiders looking for a weekender or eventual retirement home.”

[smartcode_project:default project_id=134917 project_image_fid=207165]

According to Knight Frank research, given the shortage of new townhouses and apartments being built in Bowral, the average number of established sales was only 22 across the 2022 year, which was the same volume recorded at the end of 2019.

The median price for an attached dwelling in Bowral has more than doubled since March 2020, with 106 per cent growth to be $1.26 million at the end of 2022.

Knight Frank is selling multiple projects in Bowral including Elmsdale Residences and the upcoming Springfield.

Luke Hayes said Bowral’s real estate market was performing exceedingly well.



First look: Saf Developments buy Maeve, Bowral apartment and townhouse development, for record $9 million

Poly Global's latest development, Spring Square by Poly, is set to offer residents a unique and unparalleled view of Sydney's expansive districts, including the CBD and Olympic Park.

Located in the south-western region of Sydney, Bankstown's elevated position makes it one of the highest vantage points in the area, and the developers made sure the architects took full advantage of this in their design of Spring Square by Poly.

Scott Carver handled the designs of the project, utilising the outlooks in their design, with each residence fitted with floor-to-ceiling windows providing views of the landscaped plaza below. This means residents can take in the bustling movements of the area and appreciate the lush greenery surrounding them from the privacy of their own homes.

[smartcode_project:default project_id=7054 project_image_fid=47628]

Residents of Spring Square can choose between two finishing schemes for their homes; Latte, a lighter coffee tone, and Mocha, a richer chocolate-coloured hue. Both options provide a warm and inviting neutral canvas that allows residents to tailor their interiors to their personal taste.

Each courtyard and balcony in Spring Square has been designed with generous space for entertaining, barbecuing, and even growing potted gardens. The outdoor spaces have been seamlessly integrated with the living and bedroom areas to allow natural light and fresh air to flow freely throughout the home, bringing the outdoors in.

The building takes on a striking contrast of tonal brick, extensive glazing, and vertical louvres which work together seamlessly to redefine the area's skyline.

Consisting of five towers, Spring Square offers a range of one, two, and three-bedroom residences with various single and double-storey layouts, as well as cross-over arrangements.

[smartcode_project:default project_id=7054 project_image_fid=47629]

The mix of living options caters to a diverse range of residents, providing a flexible and dynamic living environment.

Extensive glazing to each apartment not only maximises natural light but also provides unobstructed views of the surrounding district.

Nestled in a serene locale, the kitchens boast a sleek and modern design, replete with ample space and high-end appliances. The 20 milimetre Caesarstone benchtops, powerful gas cooktops, and contemporary chrome tapware add to the elegant vibe, while the tinted mirror splashbacks elevate the overall aesthetic.

For those seeking solace and comfort, the bedrooms in this space offer just that. The large windows invite the morning sunlight and fresh air, creating an inviting ambiance, while the plush carpets add an element of warmth and coziness to the space.

[smartcode_project:default project_id=7054 project_image_fid=47637]

Some of the bedrooms even feature outdoor balconies and courtyards, allowing residents to bask in the first light of the day from the comfort of their bed.

Designed with both style and functionality in mind, the bathrooms in this space are a true work of art. Equipped with wall-hung vanities, streamlined shower screens, and both a shower and bathtub

One, two and three-bedroom apartments are still remaining in Spring Square with prices starting from&nbsp;$447,450 for a one-bedder.&nbsp;

[smartcode_project_cta:default project_id=7054]

How Scott Carver designed the apartments at Spring Square by Poly

Deicorp's $670 million Tallawong project in Sydney's northwest has experienced an influx of buyers since launching to the market, with half of the apartments already sold, and all of Stage 1 completely sold out.

The Turner Studio designed apartments have proven to be a popular option in Sydney's northwest, despite the fact that sales started during the pandemic.

Due to the strong demand, new stages of the development have been released earlier than originally planned.

[smartcode_project:default project_id=106821 project_image_fid=169992]

"Located 50 metres from the Tallawong Metro station, and with the convenience of a 9,000 sqm retail and commercial centre and central park, buyers have voted with their feet making this one of our fastest selling projects in history," Rob Furolo, Deicorp’s Executive Manager of Corporate Communications said.

All 333 apartments in the first stage have already sold out, with less than half of the total apartments still available.&nbsp;

Internally, the living and dining spaces lead to open-air terraces and balconies, with the apartments featuring warm carpets, engineered timber floorboards and contemporary floor tiles throughout.

Tallawong Village is a part of the more than 2,000 apartments that Deicorp is delivering along the Northwest Metro line, with the group also responsible for the Hills Showground Village in Castle Hill and Proximity at Rouse Hill.

&nbsp;

[smartcode_project:default project_id=106821 project_image_fid=169998]

In just a few short years, the northwest region of Sydney is set to undergo a significant transformation, with its population expected to soar to over half a million by 2030.

The bustling area is slated to become a modern and progressive city, complete with top-notch infrastructure, efficient transportation, a thriving economy, and healthy community developments.

At the centre of this grand vision is the suburb of Tallawong, which will take on a pivotal role in the area&amp;#39;s urban renewal.

[smartcode_project_cta:default project_id=106821]

Deicorp sell out first stage of $670 million Tallawong Village

Sydney unit values continued their upward trajectory over March, posting the strongest gains of any capital city across the country.

Following the end of the downturn over February when values rose 0.3 per cent, March saw increasingly improved value rise, up one per cent. That made unit values flat over the quarter.

Annually unit values are down -8.7 per cent, to a new median of $776,780. Hosue values across Sydney also posted gains (1.5 per cent). Their median is now $1.23 million, down -13.3 per cent annually.

Colliers Director Ian Bennett says the price gaps shows how much room there is to grow in the apartment market.

"The traditional price gap between existing houses and apartments sits at around 40 per cent, with the number currently at around 70 per cent this year. At one point in 2022 it sat at 100 per cent, but there is still a very long way to go to get close to any normal levels.

"This in turn shows how much room there is to grow in the apartment market.

[smartcode_project:default project_id=21170 project_image_fid=210274]

"Our experience this year has shown the bottom of the market seemed to be at the end of 2022, with statistics revealing our three-bedroom stock increasing in value in the last 3 months by 14 per cent.

"The price growth achieved over the last three years increased dramatically, giving owners large equity within their homes. This made it less likely for owners to want to reduce pricing or sell at a loss, putting more pressure on the supply.

"People who purchased three years ago are still better off than they were even after the loss of the last 10 months by at least 15 per cent from when they purchased."

Ray White Projects Western Sydney Managing Director Mark Bernberg saw strong demand continue through March,&nbsp;consistent with the whole of the first quarter of 2023.

[smartcode_project:default project_id=112005 project_image_fid=191253]

"Lead generation has been strong," Bernberg says, although says what isn't changing is buyers' appetite to buy.

"There’s no urgency in the market and people are still not sure what their borrowing capacity will be.

"The RBA needs to get the cash rate to the peak, and quickly, so buyers can have confidence in what they can spend and what their repayments will be."

Bernberg says Labor raising the stamp duty concessional rate to $800,000 was also a strong move for the market.

Across the country, values were up 0.6 per cent in March, the first rise since April 2022.

Dwelling values were higher across the four largest capital cities and most of the broad ‘rest-of-state’ regions, led by a 1.4 per cent gain in Sydney.&nbsp;The lift in housing values has been most evident across the upper quartile of Sydney’s housing market, CoreLogic note.

House values within the most expensive quarter of Sydney’s market were up two per cent in March and the upper quartile of the Sydney unit market was 1.4 per cent higher over the month.

“Sydney upper quartile house values fell by -17.4% from their peak in January 2022 to a recent low in January 2023, the largest drop from the market peak of any capital city market segment."

CoreLogic’s Research Director, Tim Lawless, put the rise down to a combination of low advertised stock levels, extremely tight rental conditions and additional demand from overseas migration.

“Although interest rates are high and there is an expectation the economy will slow through the year, it’s clear other factors are now placing upwards pressure on home prices,” Lawless said.

“Advertised supply has been below average since September last year, with capital city listing numbers ending March almost -20% below the previous five-year average. Purchasing activity has also fallen but not as much as available supply; capital city sales activity was estimated to be roughly -7% below the previous five-year average through the March quarter.

“With rental markets this tight, it’s likely we are seeing some spillover from renting into purchasing, although, with mortgage rates so high, not everyone who wants to buy will be able to qualify for a loan. Similarly, with net overseas migration at record levels and rising, there is a chance more permanent or long-term migrants who can afford to, will skip the rental phase and fast track a home purchase simply because they can’t find rental accommodation.”

<a href="/news/nsw/city-beat-sydney-unit-market-insights-for-february">Read more:&nbsp;City Beat: Sydney unit market insights for February</a>

Colliers Director Ian Bennett says the price gaps shows how much room there is to grow in the apartment market

City Beat: Sydney unit market insights for March

High-end property developer Fortis, who are creating striking projects across Sydney and Melbourne's bluechip suburbs, have launched their latest project.

Following the largest site amalgamations in the affluent suburb of Woollahra, Fortis has launched The Woollahra Collection, just 25 residences, a mix of apartments and terraces.

MHN Design Union have been appointed as the lead architects on the project, with landscaping by Wyer &amp; Co. The 1900s terrace interiors are being redesigned by local Phoebe Nicol. On offer will be a collection of two and three bedroom homes with north-facing gardens and secure car parking.

The buildings on the site date back to the late 1800s and early 1900s and will be architecturally restored as part of the $170 million project. Alongside the refurbished buildings, Woollahra Collection will also feature newly built luxury residences, comprising two, three and four-bedroom apartments.

<img alt="The Woollahra Collection" data-entity-type="file" data-entity-uuid="208f26cf-789c-4da0-9e83-96376985b301" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-11%20at%209.58.53%20am.png?VersionId=sCHfQq_qWqPA__nvwPnGpGoNqJhbcMgx" />

The interiors of the luxury new residences are being undertaken by Alexander &amp; Co. The new build will comprise north facing, two, three and four-bedroom residences with large entertaining areas and ample outdoor space.

Part of the project is the restoration of the&nbsp;1880s theatre, which will be restored by Mim Design and converted into a single trophy residence, with an expected end value of around $15 million. The interiors will be an ode to the historic grandeur of the original property, complete with its own basement, tunnel cellar, internal landscaped courtyards and pool.

<img alt="The 1880s Theatre" data-entity-type="file" data-entity-uuid="8dd2d4a2-2fa4-454d-9526-a73a497a2bfe" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-11%20at%209.58.14%20am.png?VersionId=HTcwoaXhABydNbLuTLPgNmfz7JsFKN1g" />

Fortis Director Charles Mellick said the team are&nbsp;grateful to the wider community for supporting us in our vision for this site.

"Our work at the nearby Pallas House Sydney and Gaden House demonstrates our commitment towards retaining Sydney’s architectural heritage, and we feel privileged to have the opportunity to lovingly restore and reinvigorate this site, bringing it back to life," Mellick says.

"We will be preserving the best architectural elements of the site for it to be enjoyed by future generations.

“This is the first time off the plan apartments of this scale are being offered in Woollahra, also marking the biggest sqm regeneration in this suburb."

Mellick says the&nbsp;aim is to be sympathetic to its heritage and context, ensuring that the existing buildings are restored.

"A new build on the site will feature a collection of premium apartments, bringing together unparalleled quality and premium amenities in a location where new residences are few and far between.”

<img alt="The Woollahra Collection" data-entity-type="file" data-entity-uuid="1852336b-55d0-4677-9427-8499a659c17c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-06%20at%206.35.05%20pm.png?VersionId=cko6xSV7hP3vvuWsuKTI6EDRVrGcsHCa" />

Fortis secured the 14 lots, now 2A James Street, for around $50 million, an amalgamation making a 3,500 sqm mega block.

Ben Stewart from Stewart Residential and CBRE is handling the sales.

&nbsp;

“There is a clear demand from buyers to secure well-designed homes in exclusive, tightly held Eastern suburbs - and Woollahra is no exception," Stewart says.

"Just two weeks ago CBRE launched a development 200 metres away (Robby Ingham's The Cambrian in Paddington) which sold out in five hours, which was due to the rarity of the offering and an overall lack of approvals for new developments in the area.

"We have already received an unprecedented level of early enquiries for Woollahra Collection, as the development offers an unrivalled combination of new build residences and terrace homes, fitted out with high-end finishes by an acclaimed design team, all on the doorstep of the Queen Street shopping village."

Construction of The Woollahra Collection is expected to be completed by Q4 of 2024.

[smartcode_project_cta:default project_id=138969]

MHN Design Union have been appointed as the lead architects on the project, with landscaping by Wyer & Co


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