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?

A new mixed-use development is set to transform the landscape of Lindus Street in the inner suburbs of Newcastle, with the demolition of two warehouses and a concrete car park set to make way for the construction of 59 new dwellings in <a href="/developments/wickham-nsw-2293">Wickham</a>.

The plans for <a href="/new-apartments/1-21-railway-street-wickham">1-21 Railway Street, Wickham</a>, were lodged by Gemini Interchange Pty Ltd, which is directed by Maitland-born Kristoffer and Dallas Harvey. Kristoffer is currently the CEO for Goodman Group's activities in Greater China.&nbsp;

The development will comprise 21 one-bedroom, 32 two-bedroom and six three-bedroom apartments, along with five four-bedroom three-storey terrace houses, providing a range of living options to cater to the diverse needs of the community.

It’s hoped the project will help address Newcastle’s rental crisis — with the city’s vacancy rate sitting at just 1.4 per cent.&nbsp;

<img alt="Render of the propose terraces homes at the Wickham development" data-entity-type="file" data-entity-uuid="8419ded7-9eb9-4889-9c7b-a3b188eec0de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-04%20at%204.53.29%20pm.png?VersionId=E9Jn68PJRw7Z2VSVpQOszSsZrUbTFJZP" />Render of the propose terraces homes at the Wickham development. Credit: CKDS

The 11-storey development has been designed by&nbsp;CKDS Architecture, with it also set to feature communal open space and an urban activation space facing Lindus Street, as well as ground floor retail space on Railway Street.&nbsp;

The landscape design developed by Xeriscapes will integrate with and enhance the architectural forms and will aid in helping council to deliver a north facing urban activation space&nbsp;to the corners of Railway and Lindus streets, consistent with the vision for a public network outlined in City of Newcastle’s Wickham Masterplan 2017 and 
subsequent 2021 update.

The facade will feature concrete panel walls, metal screens and metal flat bar balustrades, paired with face brickwork, lightweight cladding and powder-coated horizontal plant louvres.&nbsp;

The built form has been constructed to maximise natural sunlight and cross flow ventilation throughout each of the residences while also providing view lines to the harbour.&nbsp;

The northern façade presents as an open form, taking advantage of sunlight and views, broken down into a hierarchy of slabs edges, dividing walls, and balconies.

<img alt="Aerial shot of the Wickham site " data-entity-type="file" data-entity-uuid="08f77289-66c2-4654-8eda-d3c346c48176" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-04%20at%204.56.49%20pm.png?VersionId=gOzCxGNGPZ.4Y6EuzfNUlWT6Ah4oGGOv" />Aerial shot of the Wickham site.&nbsp;

80 car spaces will be available across the site, with 31 planned for the ground level and 49 across level one, in addition to four motorcycle spaces and 64 bicycle spaces, which has been pitched to encourage more sustainable transport options.&nbsp;

The near $30 million project is&nbsp;conveniently located near the <a href="/new-apartments/newcastle-nsw">Newcastle</a> Interchange and is well located for transport, shopping, public places and civic open spaces within the Newcastle City Centre.

The project is expected to take several years to complete, with construction set to begin in the near future. The development is expected to be a significant addition to the city, providing new homes, retail space, and green areas, while also enhancing the overall aesthetic of the area.

[smartcode_project_cta:default project_id=139394]

It’s hoped the project will help address Newcastle’s rental crisis — with the city’s vacancy rate sitting at just 1.4 per cent

New apartment plans lodged for Newcastle's inner-suburbs

Construction will soon commence at Double Bay's record-setting residential development, Ode.

Top Spring Australia has appointed Ceerose to deliver the $250 million revival of the rare corner site at 19-27 Cross Street, with the construction milestone coinciding with the sale of a three-bedroom sub-penthouse for $15.99 million - tipping the total value of sales to more than $105 million.&nbsp;

Ode has eclipsed previous pricing records in the inner-east suburb, with <a href="/news/nsw/downsizers-splash-21-49-million-on-ode-double-bay-penthouse">the penthouses selling off the plan for $24.95 million and $21.49 million</a>, and another sub-penthouse for $17.49 million.

<img alt="Render of Ode" data-entity-type="file" data-entity-uuid="bb82c47d-a574-48f8-a37e-160ce39fb7e4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ODE_External%20Hero_0.jpg?VersionId=CcPkFGaVn2R7C6Fht2CaJ.6AuQHySY_." />Render of Ode, Double Bay. Image supplied.

Top Spring Australia Development Director, Jeff Curnow, said the project's vision to set new benchmarks in luxury living was coming to life with Ceerose.

“There are limited opportunities remaining at <a href="/new-apartments/ode-double-bay-19-27-cross-st-double-bay-nsw-2028">Ode</a>, including three-bedroom apartments from $9.65 million and four-bedroom residences from $11.99 million," Curnow says.

“Our display gallery is open by appointment and is the perfect way to experience Ode’s opulence, including Rosselli's signature statement fireplace design, as well as timber or travertine floors, stone benchtops, and lustrous cabinetry."

The six-storey development features an innovative curved façade, a ground floor plaza and a private arched lobby with a full-time concierge, designed by celebrated architect Luigi Rosselli, who blends modern European refinement with superlative art and design.

Ode comprises 15 three and four-bedroom light-filled apartments spanning from 219 sqm to 311 sqm of internal space, with buyers able to&nbsp;personalise their interior schemes, created by Alwill Interiors, with neutral palettes punctuated by brass, wood and natural stone.

“We are delighted to appoint Ceerose to deliver Ode after working together on our near-complete Munro House residences in Elizabeth Bay, and we are confident that Ceerose will once again deliver their extraordinary craftsmanship,” Curnow added.

“Ode has been in planning for years and represents a once-in-a-generation opportunity to enjoy a truly remarkable eastern suburbs lifestyle.

<img alt="Render of Ode" data-entity-type="file" data-entity-uuid="cc3dda30-b78d-4412-9ac7-6e8a68db4908" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-04%20at%201.40.56%20pm.png?VersionId=d1HE7Lu4eqIZb6MffUfL7SkGosmLkuMa" /> 
Render of Ode, Double Bay. Image supplied.

“Every detail of Ode is thoughtfully curated to provide the ultimate in elegant harbour-side living, from the unparalleled interiors and world-class architecture to the unrivalled location.”

Ceerose Founder and Director Edward Doueihi said Ode would be delivered by a dedicated team of prestige project specialists.

“Ode will be a fantastic addition to Double Bay and an exciting project for our team who have delivered some of the city’s most prestigious landmarks, including Eliza on Elizabeth Street, Harbour Mill in Pyrmont and Aqualuna in Milsons Point,” Doueihi said.

“We are committed to creating an outstanding development to meet the high expectations of Top Spring Australia and its future residents.’’

Local businesses and the community will be kept informed during Ode’s two-year construction program, with up to 500 jobs created, and completion expected in the third quarter of 2025.

Top Spring Australia has also announced the commencement of construction at their $500 million master planned community, The Newlands, in St Leonards at Sydney’s Lower North Shore.

[smartcode_project_cta:default project_id=113405]

Ode has eclipsed previous pricing records in the inner-east suburb, with the penthouses selling off the plan for $24.95 million and $21.49 million

Construction set to commence at record-breaking Double Bay apartment development Ode

Revised plans by&nbsp;Fender Katsalidis for the $111 million redevelopment of the Coogee Bay Hotel have been submitted.

The original plans to demolish significant parts of the hotel and build a new six-storey apartment building were met with significant opposition from both Randwick City Council and local residents.

The applicant took the matter to the Land &amp; Environment Court in November 2021, and since then, the case has been ongoing. However, on March 23, 2023, the LEC granted permission for the applicant to lodge amended plans.

<img alt="Render of the proposed Coogee development" data-entity-type="file" data-entity-uuid="9bc29867-b60d-4ca4-bd3a-f9c5b0794472" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-03%20at%203.31.59%20pm.png?VersionId=4oVyhWm51qLJxDP.1oX5o4grAiZG7pOR" />

Under the new proposal, several existing buildings and structures on site will be demolished. However, the hotel and most of the Coogee Bay Road facade and beer garden will remain. The internal areas of the hotel will also be reconfigured, and 16 new and 15 refurbished rooms will be added.

To the west of the site a four and five-storey shop top residential building will be constructed, comprising 58 apartments, with seven one-bedroom, 25 two-bedroom and 24 three-bedroom apartments, in addition to two four-bedroom penthouses.

A new three-storey southern hotel wing, south of the beer garden, will be constructed, including 15 new hotel rooms. The existing beer garden area will also be upgraded, with the construction of new dining pavilions.

Additionally, 11 new retail tenancies, including cafes, shops, and restaurants, will be created in a ground-floor eat street precinct and Coogee Bay Road. A new public laneway will also be established, running from Coogee Bay Road to Arden Street, creating a through link.

<img alt="Render of the proposed Coogee development" data-entity-type="file" data-entity-uuid="fc57fa6b-bca4-4457-a5e3-b2d9ee8cc018" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-03%20at%203.32.18%20pm.png?VersionId=XOQ0B5Nv2ZzR4PWvQwrnmrzunmftdLSI" />

Two levels of car parking will service the development, one at ground level and one basement carpark level, with around 159 spaces planned.&nbsp;

Currently, Randwick Council's external planning consultants are undertaking a detailed assessment of the amended plans, and community feedback will be carefully considered as part of the court proceedings.

Key amendments to the proposal:

<ul>
	<li>Building heights reduced from a maximum of 23.33m to 21.35m.</li>
	<li>Amendments to the building mass to retain view lines to key landforms including Wedding Cake Island, Dolphin Point and the northern headland of Coogee Beach.</li>
	<li>Reduction in basement excavation by two levels.</li>
	<li>Increased building setback to the southern boundary and accommodation of deep soil planting and additional communal open space.</li>
	<li>Removal of the ground level supermarket tenancy and provision of residential apartments to the street frontage of Vicar Street.</li>
	<li>Increased retention to four heritage building facades along Coogee Bay Road.</li>
	<li>Internal reconfiguration of pub building, hotel and all residential apartments.</li>
	<li>Inclusion of a three-storey building to the southern side of the beer garden. Provision of the car park entry from Arden Street only and removing the car park entrance from Vicar Street.</li>
	<li>Changes to the colour and materials used on the retail tenancies fronting Coogee Bay Road to respond to the character of this streetscape.</li>
</ul>

Under the new proposal, several existing buildings and structures on site will be demolished

Revised plans submitted for $111m Coogee Bay Hotel redevelopment

The RBA halted their aggressive cash rate increases at the April meeting, opting to not hike rates for an 11th consecutive time.

They left the cash rate unchanged at 3.6 per cent.

Below is the RBA statement by RBA Governor Philip Lowe.

At its meeting today, the Board decided to leave the cash rate target unchanged at 3.60&nbsp;per&nbsp;cent and the interest rate on Exchange Settlement balances unchanged at 3.50&nbsp;per&nbsp;cent.

This decision follows a cumulative increase in interest rates of 3½&nbsp;percentage points since May last year. The Board recognises that monetary policy operates with a lag and that the full effect of this substantial increase in interest rates is yet to be felt. The Board took the decision to hold interest rates steady this month to provide additional time to assess the impact of the increase in interest rates to date and the economic outlook.

Global inflation remains very high. In headline terms it is moderating, although services price inflation remains high in many economies. The outlook for the global economy remains subdued, with below-average growth expected this year and next. The recent banking system problems in the United States and Switzerland have resulted in volatility in financial markets and a reassessment of the outlook for global interest rates. These problems are also expected to lead to tighter financial conditions, which would be an additional headwind for the global economy.

The Australian banking system is strong, well capitalised and highly liquid. It is well placed to provide the credit that the economy needs.

A range of information, including the monthly CPI indicator, suggests that inflation has peaked in Australia. Goods price inflation is expected to moderate over the months ahead due to global developments and softer demand in Australia. Meanwhile, rents are increasing at the fastest rate in some years, with vacancy rates low in many parts of the country. The prices of utilities are also rising quickly. The central forecast is for inflation to decline this year and next, to around 3&nbsp;per&nbsp;cent in mid-2025. Medium-term inflation expectations remain well anchored, and it is important that this remains the case.

Growth in the Australian economy has slowed, with growth over the next couple of years expected to be below trend. There is further evidence that the combination of higher interest rates, cost-of-living pressures and a decline in housing prices is leading to a substantial slowing in household spending. While some households have substantial savings buffers, others are experiencing a painful squeeze on their finances.

The labour market remains very tight. The unemployment rate is at a near 50-year low and underemployment is also low. Many firms continue to experience difficulty hiring workers, although some report an easing in labour shortages and the number of vacancies has declined a little. As economic growth slows, unemployment is expected to increase.

Wages growth is continuing to increase in response to the tight labour market and higher inflation. At the aggregate level, wages growth is still consistent with the inflation target, provided that productivity growth picks up. The Board remains alert to the risk of a prices-wages spiral, given the limited spare capacity in the economy and the historically low rate of unemployment. Accordingly, it will continue to pay close attention to both the evolution of labour costs and the price-setting behaviour of firms.

The Board’s priority is to return inflation to target. High inflation makes life difficult for people and damages the functioning of the economy. And if high inflation were to become entrenched in people’s expectations, it would be very costly to reduce later, involving even higher interest rates and a larger rise in unemployment. The Board is seeking to return inflation to the&nbsp;2–3&nbsp;per&nbsp;cent target range while keeping the economy on an even keel, but the path to achieving a soft landing remains a narrow one.

The Board expects that some further tightening of monetary policy may well be needed to ensure that inflation returns to target. The decision to hold interest rates steady this month provides the Board with more time to assess the state of the economy and the outlook, in an environment of considerable uncertainty. In assessing when and how much further interest rates need to increase, the Board will be paying close attention to developments in the global economy, trends in household spending and the outlook for inflation and the labour market. The Board remains resolute in its determination to return inflation to target and will do what is necessary to achieve that.

The RBA halted their aggressive cash rate increases at the April meeting, opting to not hike rates for an 11th consecutive time.

RBA holds official cash rate at April meeting

National developer Goldfields has secured approval for its 24-level Chatswood tower, The Bryson.

The mixed-use tower, which will offer 70 apartments and commercial spaces, is one of the first approved&nbsp;first approved developments under the Chatswood CBD Planning and Urban Design Strategy.

Colliers are already fielding wide-ranging demand, with onsite demolition due to commence April.

Designed by Make Architects to strike a balance between city living and quiet retreat, <a href="/new-apartments/the-bryson-of-chatswood-871-877-pacific-highway-chatswood">The Bryson</a> will incorporate a mix of one, two and three-bedroom apartments, each with open plan living spaces that open to balconies.

[smartcode_project:default project_id=21170 project_image_fid=210274]

CEO of <a href="/developers/goldfields-group">Goldfields</a>, Lachlan Thompson, said approval of The Bryson marked a significant milestone for the increasingly diversified developer and its growing pipeline of projects.

“Sydney’s Lower North Shore has become one of the most sought-after places to live and work in Australia and we see this trend continuing well into the future,” Thompson said.

“We saw an unmissable opportunity to bring high-quality mixed-use residential space to an area that is demanding it.”

Chatswood sits at the commercial and residential heart of Sydney’s Lower North Shore, eight kilometres north of Sydney’s CBD.

The Bryson is situated 400 metres from Chatswood Railway Station and the Westfield Chatswood shopping centre. The Willoughby City Council population forecast for 2023 is 78,783, and is forecast to grow to 87,415 by 2036 – representing 10.96 per cent growth.

[smartcode_project:default project_id=21170 project_image_fid=210275]

Ian Bennett, Director of Residential at Colliers, said the <a href="/new-apartments/chatswood-nsw-2067">Chatswood</a> market was going from strength to strength.

“With the launch of The Bryson, this has been the first time in about five years that an apartment project of this scale and calibre has been brought to the Chatswood market from an off the plan perspective,” Bennett said.

Around 30 per cent of The Bryson sold at launch, equating to $25 million in sales. Bennett said the success was an indication of the strong demand for apartments in the Chatswood market.

He said in the last 18 months, sales activity was driven by downsizers and families purchasing three-bedroom, premium apartment stock as an alternative to increasingly expensive existing residential housing.

But early activity in 2023 has seen one-and two-bedroom apartments proving just as popular, with sales at The Bryson spanning a diverse range of product purchased by a wide range of local buyers including first homebuyers, young executives, downsizers and investors. There has even been early interest from FIRB purchasers.

[smartcode_project:default project_id=21170 project_image_fid=210265]

“At one stage last year, the price gap between existing houses and apartments was over 100 per cent,” Bennett said, suggesting that traditionally that number is around 40 per cent.

"It has probably come back to about a 70 per cent gap this year, but still there is a long way to go for that gap to get back to what we would call normalcy. This shows just how much value for money there is in off-the-plan at the moment compared to existing residential and we are seeing this on the ground in Chatswood.”

Current and prospective buyers were drawn to Chatswood’s close proximity to the CBD and major universities, strong transport connections and growing infrastructure pipeline.

“A lot of the people that we are speaking to are wanting to upgrade, or right-size I guess is more accurate because they’re not of retiree age,” Bennett said.

“These are people who currently live a little further up the train line, up the Pacific Highway in places like Pymble, Turramurra or Lynfield, and they are looking to be more central. Chatswood is almost like a city now, so they see the area as being almost the town centre. The new Metro coming through is seen as a real 
advantage too.”

[smartcode_project:default project_id=21170 project_image_fid=210267]

Simon Lincoln, Asia Pacific Director at Make, said The Bryson’s striking vertical form would be “a great addition to the Chatswood skyline and deliver beautiful living spaces, prioritising wellbeing for residents with a real focus on space and amenity”.

Exclusive Skyhome and Penthouse residences will feature walls of operable glazing between expansive open plan living spaces and generous balconies, providing panoramic views while retaining privacy.

A pool terrace with rooftop gardens, outdoor furniture, barbecue facilities and sweeping views across the surrounding Chatswood CBD enhances the feel of an urban resort. Ground floor retail will act as a threshold between the vibrant Chatswood neighbourhood and the private residences above. Strata office suites will be located on level 2 and 3.

[smartcode_project_cta:default project_id=21170]

Ian Bennett, Director of Residential at Colliers, said the Chatswood market was going from strength to strength

Goldfields secure approval for Chatswood apartment development, The Bryson

Developer Third.i has released the second stage of apartments at its Dairy Farmers Towers in Newcastle, with buyers able to buy with just a $10k deposit.

Following the $10k transaction, buyers will then pay off the remaining deposit in weekly instalments.&nbsp;

Since its launch to market in late 2021, <a href="/new-apartments/dairy-farmers-towers-newcastle-west-924-hunter-street-newcastle-west-nsw-2302">Dairy Farmers Towers</a> has sold over 70 per cent of the entire project with demand from buyers continuing to soar amid tough market conditions.

[smartcode_project:default project_id=109979 project_image_fid=187054]

Third.i’s Co-Founder Luke Berry anticipates remaining apartments won’t last long as regional cities across the New South Wales coastline witness continued heightened sales activity despite a slowing market.&nbsp;

“Works at Dairy Farmers Towers commenced in November last year and we anticipate building works will wrap up in the first quarter of 2025. This project is the heart and soul of Newcastle’s revitalisation, and I can’t wait to see each and every buyer make their new house a home over the coming years."

[smartcode_project:default project_id=109979 project_image_fid=187062]

Early works kicked off late last year to bring Dairy Farmers Towers to life, which will comprise&nbsp;180 one, two and three-bedroom apartments, over two towers and, in a Newcastle first, an exclusive residents’ only shared work hub, alongside other blue chip amenities including yoga studio, sprawling outdoor gardens and an elevated North facing outdoor swimming pool and sundeck.

As one of the largest providers of Specialist Disability Accommodation along the east coast of Australia, the project will also offer eight SDA apartments in partnership with iNSiTU Housing.

Third.i’s revitalisation of Newcastle continues following its debut projects WEST Newcastle, Eaton on Union and Stella on Hannell, with Dairy Farmers Towers adding to its growing $4 billion property portfolio across Australia and the UK.

As the group continues to expand internationally, Third.i is also set to deliver a range of residential and commercial offerings across NSW and London.

<a href="/news/nsw/how-the-sydney-apartment-developer-third-i-always-puts-the-buyer-first-five-minutes-with-luke-berry">Read more:&nbsp;How the Sydney apartment developer, Third.i, always puts the buyer first: Five minutes with Luke Berry</a>

Following the $10k transaction, buyers will then pay off the remaining deposit in weekly instalments

Third.i release Dairy Farmers second stage with $10k deposit offer

Compromise isn’t a word used to describe the apartments in AURA by Aqualand, the new $1 billion tower in North Sydney.

The lack of need to compromise is what’s driven a large number of local downsizers to the luxury development, given the combination of both size and design offered in the larger apartments towards the top of the 28-level building.

Roseville residents Henry and Sandra Rolley are downsizing from their family home for the last two decades to take up residency in a sub-penthouse on level 24 of the Walker Street tower.

While technological advancements and the internet have changed the way we market real estate, it was the trusted letterbox drop which alerted the couple to the project.

[smartcode_project:default project_id=30959 project_image_fid=202995]

"We visited the display showroom and spoke to Domenic (AURA by Aqualand's Sales Consultant), and everything fell into place from there," Henry says.

Continuing their due diligence so they could get a true feel for what it would be like to live at AURA by Aqualand, Henry and Sandra visited the hotel behind the project and took in the views from the 11th level.

One of Sandra's highest priorities on her wish list was to overlook water.

"The extensive terracing in the sub penthouse, paired with 180 degree views from inside which take in the water, will create a very calming environment for us," Sandra says.

[smartcode_project:default project_id=30959 project_image_fid=202994]

It was important for the couple to stay within the local area, and AURA by Aqualand offered the best apartment for quality finishes, size, and location. The couple recently bought a share in a boat which is being moored in Bayview, across from the Royal Sydney Yacht Squadron in Kirribilli.

The location was a big tick for the couple, who wanted to remain north of the bridge so they could still keep in touch with their friends who live on the North Shore. They're planning to use the new metro, to be accessed by the future Victoria Cross Station next door, to get around the majority of the time, while the penthouse also offers two parking spaces.

"It's easy to get everywhere from the location," Henry says, adding that he's excited to see the extensive redevelopment of North Sydney when the government infrastructure projects kick off.

"The alfresco dining strips and the regenerated areas of North Sydney on our doorstep have a massive appeal for us.

"We get the best of both worlds with the exciting lifestyle precinct planned for the base of the building, but a calming oasis to come home to above it all."

Read more:&nbsp;<a href="/news/nsw/what-penthouse-buyers-are-looking-for-in-today-s-market-a-look-into-aura-by-aqualand-s-penthouse-collection">What penthouse buyers are looking for in today’s market; a look into AURA by Aqualand’s penthouse collection</a>

[smartcode_project:default project_id=30959 project_image_fid=202986]

Henry has been able to watch the project come out of the ground from the greens at Northbridge Golf Course.

"I've seen the cranes come and I can see the movement on site, which is great," Henry says.

"Soon enough we'll be able to see the level our apartment will sit on which will be an exciting milestone for us."

Coincidentally, a friend who knows one of Aqualand's internal construction team members, is part of Henry and Sandra's Saturday morning riding group, and he can't speak more highly of <a href="/developers/aqualand-australia">Aqualand</a> and their efficiency, which Henry says gives him confidence that the delivery timeframe will be achieved.

[smartcode_project:default project_id=30959 project_image_fid=202656]

Construction of the $1 billion project commenced early last year and is over half way through, with completion slated for mid-2024.

The Rolley's weren't the only local downsizers buying a premium apartment in the project.

A couple of empty nesters departing their Northern Beaches home of 45 years recently secured one of the four-bedroom apartments in AURA by Aqualand. They intend to turn one of the bedrooms into a home office.

It will be a big change for the retiring couple, who bought the house when they were 20. Out with the old and in with the new, as they intend to leave the house and sell their furniture and antiques. They'll be buying all new furniture to better match the space, as well as new art.

The couple will be splitting their time between the apartment, which will be their city base, and their two holiday houses.

They said the whole process of buying off the plan with Aqualand has been a great experience.

Read more:&nbsp;<a href="/news/nsw/how-aura-by-aqualand-adds-a-new-jewel-in-north-sydney-s-crown">How AURA by Aqualand adds a new jewel in North Sydney’s crown</a>

[smartcode_project:default project_id=30959 project_image_fid=203003]

“It was our first time buying off the plan, and Aqualand’s professionalism and high degree of organization and knowledge helped us through the buying journey,” they said.

“We constantly get updates on the project and where it’s up to with construction which is important in this sector of the property market. Everything has been smooth sailing in our first off the plan purchase.”

The extensive community-building curated amenity which Aqualand are developing (a providore, bakery, café and wine bar, an all-day diner and a contemporary Japanese restaurant), were a big drawcard for the retiring couple, who are looking forward to being part of a community and meeting new people.&nbsp;

They're excited to explore the city and immerse themselves in the culture, having lived in the Northern Beaches all their lives.

They'll be constantly entertaining, with kids and grandkids, as well as overseas visitors, all expected to come and stay at the apartment, which effectively has two kitchens with the butler's pantry.

[smartcode_project:default project_id=30959 project_image_fid=202655]

Aqualand Head of Sales and Marketing Alex Adams calls AURA by Aqualand “an heirloom of a building, providing truly rare and unique homes.”

“What was once a beautiful concept is forming into a truly remarkable destination set to be a new masterpiece in North Sydney,” Adams says.

“The elegant forms and curves of the building are taking shape and the installation of the glass frame facade is making its way up level by level.

“A new release of residences, including a selection from our breathtaking penthouse collection is available and now selling, providing a once in a generation opportunity.”

With construction well underway, the main tower will start climbing to its peak at level 28, with the residential levels forming individual apartments with services, internal walls, and bathroom and kitchen fitouts to commence.&nbsp;

[smartcode_project_cta:default project_id=30959]

Roseville residents Henry and Sandra Rolley are downsizing from their family home for the last two decades to take up residency in a sub-penthouse on level 24 of the Walker Street tower

AURA by Aqualand offers exciting new phase for downsizers

A groundbreaking ceremony has recently been held at the $180 million Lindfield project, Balfour Place, signifying the beginning of construction with demolition works wrapping up.&nbsp;

Australian developers Third.i, in conjunction with joint venture partner Phoenix Property Investors, are behind Balfour Place, which will comprise 59 apartments on top of 4,500 sqm of retail and hospitality spaces, including a brand new Coles supermarket.

The project launched in April 2022, selling out within a matter of weeks. Construction is expected to be complete by January 2025.&nbsp;

It recently won the Best Mixed Use Development of The Year at the&nbsp;2022 PropertyGuru Asia Property Awards.

[smartcode_project:default project_id=112016 project_image_fid=194989]

On the award win, Luke Berry, Third.i. Co-Founder, said the development had struck a chord with the Lindfield community.&nbsp;

“Balfour Place is truly at heart of what we do and a true example of how we’re building communities by listening to the needs of the market,” Berry said.

“The level of design and architecture has been carefully curated and I think it’s struck a chord with buyers who have recognised that we had larger living spaces on offer in an idyllic location with lifestyle amenities on your doorstep.

“It truly will be a legacy destination for the area and we couldn’t be more thrilled to commence construction."

[smartcode_project:default project_id=112016 project_image_fid=194990]

Australian builder Conquest has been appointed as the project builders, with Balfour Place adding to their project portfolio which includes the Crowne Plaza Sydney Burwood, The Greens Strathfield, La Luna Burwood and Soho Burwood.

First home buyers and young families are among those set to call Balfour Place home.

With a collection of one, two, three and four-bedroom residential apartments, residents will benefit from private courtyards and a shared rooftop garden space to be built on top of a brand new large format Coles supermarket.The Coles grocery hub will be double the size of the existing store and will include a Liqourland and heritage commercial space fronting the Pacific Highway.

Over 230 car parking spaces will also be available spanning across two levels.

The apartments were reduced from 70 to 59, after Third.i's research suggested there was more appetite for larger apartments.

[smartcode_project_cta:default project_id=112016]

The project launched in April 2022, selling out within a matter of weeks. Construction expected to be complete by January 2025

Construction commences at Thirdi's sold-out Lindfield apartments, Balfour Place 

Cronulla's beachside is set to receive an influx of new apartments, with two new development applications filed on the beachside.

The two new developments are on Gerrale Street, which has seen a number of new apartment developments since the&nbsp;introduction of the Sutherland Shire Council Local Environment Plan 2015 (SSC LEP).

The most recent application is at 97-105 Gerrale Street, a $30 million shoptop development pictured main and below comprising 30 apartments across a nine-level building and above two retail spaces.

Those plans have been filed by GerDev Pty Ltd, an entity tied to Sahara Projects owner Nick Colys and a Chinese investor.&nbsp;There will be just two two-bed apartments on offer, and 28 three-bedroom units.

Vic Lake Architects Director and Founder Victor Lake noted in the Design Verification Statement submitted to the Sutherland Shire Council that the project&nbsp;sits at a key junction in Cronulla, a gateway to the peninsula.

"The prominent corner position and heritage items make for a challenging and exciting reinvention," the report noted.

To be notified when the project hits sales, <a href="/new-apartments/97-105-gerrale-street-cronulla">enquire here</a>.

<a data-entity-type="file" data-entity-uuid="25f7c0f3-4c28-4dfb-9586-09565748b4a7" href="/new-apartments/97-105-gerrale-street-cronulla"><img alt="Gerrale Street" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-28%20at%208.45.15%20am.png?VersionId=9wD1RMfZZSI3WoKI7pLPPhenPe5gA5Yb" /></a> 
The plans for&nbsp;97-105 Gerrale Street. Image credit: Vic Lake

Lake said that, like most areas in the Sutherland Shire, Cronulla is in a transitional phase due to the adoption of the SSC LEP 2015, adding that over time most older housing stock will be replaced with new ADG compliant developments.

"Gerrale Street in particular has several new residential and mixed development that extend from The Kingsway to the north extending along South Cronulla Park to the round-about to the east," Lake wrote.

"Since the adoption of Council’s LEP2015 assisted by the age of the existing housing stock and the rising price of new apartments there has been a number of larger site amalgamations along Gerrale Street that have forms the new context. All new developments compete with one another to attract greater returns and many with expensive and novel visual solutions, however all strive to provide for essential needs of the end users."

A Heritage Impact Statement was undertaken by Andrew Starr and Associates Heritage Consultants given the building at 97-99 Gerrale Street is a locally registered heritage item.

The new development will retain the facades and some internal fabric of the heritage, but some demolition of heritage fabric is necessary to&nbsp;achieve the outcome of the proposal for the development of the apartments. The plan is to demolish the freestanding shop built in the 1980s and a 1970s apartment building which are currently on the 1,438 sqm, four-site amalgamation.

A more boutique project has been filed up the road at 79-81 Gerrale Street, a revision of a previous proposal which was rejected in 2020 due to the projects bulk, scale and design issues.

Now the developer, TomTome Group Pty Ltd, has filed for 18 apartments across nine levels on a 918 sqm block which has a western frontage to Monro Park and an eastern frontage facing Cronulla Beach and Cronulla Park. It will replace a three-level apartment building.

To be notified when the project hits sales, <a href="/new-apartments/79-81-gerrale-street-cronulla">enquire here</a>.

<a data-entity-type="file" data-entity-uuid="ebad1ea8-40d7-4776-bf16-ed3dee638d0e" href="/new-apartments/79-81-gerrale-street-cronulla"><img alt="CGI of the proposed development " data-entity-type="file" data-entity-uuid="ebad1ea8-40d7-4776-bf16-ed3dee638d0e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-23%20at%204.18.07%20pm.png?VersionId=lG2Qr.Vo9kIa7OPtmnhy.g8ZsOAR0NN7" /></a> 
The proposed 79-81 Gerrale St building. Credit: IDA Design Group.

The landscaping and architectural design have been developed by Design Collective and IDA Design Group.

The new design includes chamfered corners and a setback that mirrors that of the neighbouring buildings to better integrate with the surrounding area.

One one-bedroom apartment will be on offer, along with eight two-bed and nine three-bedroom residences, in addition to 35 car spaces and four bicycle spaces.&nbsp;

<a data-entity-type="file" data-entity-uuid="d7657a90-8975-4391-a7a1-1849346431b8" href="/new-apartments/79-81-gerrale-street-cronulla"><img alt="CGI of the proposed Gerrale St building. Credit: IDA Design Group." data-entity-type="file" data-entity-uuid="d7657a90-8975-4391-a7a1-1849346431b8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-23%20at%204.18.21%20pm.png?VersionId=cUwtrDmCQymWX7tiSl8wNN0k843ZjfIM" /></a> 
The proposed 79-81 Gerrale St building. Credit: IDA Design Group.

The apartments will benefit from direct ocean views to Cronulla Beach, as well as direct access to Monro Park and Cronulla Park.

Drawing inspiration from the nearby coastline for the design, balcony planters and verdant greenery will also help connect the building to the neighbouring parks.

The prominent Sutherland Shire developer <a href="/developers/sammut-developments">Sammut Group</a> is planning a $100 million project at 67 Gerrale Street.

Read more:&nbsp;<a href="/news/nsw/sammut-group-spend-38-million-at-cronulla-for-apartment-development-site">Sammut Group spend $38 million at Cronulla for apartment development site</a>

[smartcode_project_cta:default project_id=137595]

The two new developments are on Gerrale Street, which has seen a number of new apartment developments since the introduction of the Sutherland Shire Council Local Environment Plan 2015 (SSC LEP)

Cronulla apartment pipeline grows with two new beachside developments planned

The tightly held Kirribilli Avenue, which runs from the Harbour Bridge through to the Prime Minster’s Kirribilli House, is set for a rare new luxury apartment development.

Plans have been filed for eight high-end apartments, which will see a the restoration of an inter-war building at 77 Kirribilli Avenue adjoin a new three-level flat building at 75 Kirribilli Avenue. The latter was one of the first buildings in the area, according to town planner Urbis.

That will be demolished and make way for a new five-level building which will home a communal gym, wine room, and five of the eight apartments, including a two-level penthouse which features a rooftop terrace with spa. Next door will be a cinema on the ground level, and a further three units.

There will be seven three-bedroom apartments and one two-bedroom unit on offer in the $9.3 million development designed by EMBECE Studio, in collaboration with GMU Urban Design and Architecture. It will front the&nbsp;the heritage-listed Mary Booth Reserve, which means views of the Harbour Bridge can never be built out. Views of the Opera House are limited, due to the longstanding building next door.

<img alt="Kirribilli" data-entity-type="file" data-entity-uuid="0cc3b19f-2f56-4187-aebc-4a92fd8270fd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-24%20at%209.31.03%20am.png?VersionId=IHL6Maj3O95aY7NDRmIk0QqQSQY2qX6l" />

In their plans submitted to the North Sydney council, EMBECE said the the&nbsp;ambitions of the project is to provide eight new high end apartments which are a respectful and elegant addition to the local conservation area, the street and the harbour front.&nbsp;

"A unique site location on the harbour which creates distinctive opportunities for the built form and residential amenity&nbsp;

"The site is a waterfront site and bounded by two distinctively different urban conditions of Kirribilli Avenue and Mary Booth Reserve. These interfaces in the broader context of the harbour location create important considerations for how the building character and residential amenity respond to its setting.

<img alt="Kirribilli" data-entity-type="file" data-entity-uuid="1c81ebc8-4d11-4b39-9a31-20eda3370434" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-24%20at%209.27.25%20am_0.png?VersionId=8pPGgJBpprEEuaYyVk3keVzRWn.HN3RK" />

The Urban Design Report submitted by&nbsp;GMU Urban Design and Architecture&nbsp;said the&nbsp;proposal seeks to deliver elegant, contemporary architectural outcomes that are contextually appropriate, to complement the site and desirable neighbourhood characteristics.

"To the street, the proposed development presents as an existing inter-war building adjacent to a new three-storey residential flat building with high-quality integrated landscape outcomes to complement the streetscape setting.

"The new building at No. 75 presents to the street with simple, elegant contemporary forms paraphrasing the proportions of neighbouring inter-war walk-ups with decorative masonry details, expressed bays and vertical articulation.

"The copper roof is a visual reference to the pitched roof forms found in the area with its profile carefully sculpted to maintain a contemporary elegant expression and minimise visual bulk to the public domain and neighbouring sites."

Town planner Urbis found that 75 Kirribilli Avenue was originally a part of an estate containing the early Victorian cottage, ‘The Dingle’.

"This building was one of the first buildings in the area and was constructed in a vernacular fashion of salvaged metal and other building materials from the Crimean War in the 1850s5 resulting in the colloquial name, the ‘Iron House’. By the late 1800s, the Dingle had its own underground water reservoir, wharf, boathouse, and bathing-house."

Urbis said overall the proposed redevelopment of the subject site will respect the significance of the Kirribilli HCA and will ensure that there are no negative impacts on the vicinity heritage items in the area.

The landscaping has been handled by FORM Architects, who say the&nbsp;landscape design unifies the two buildings through a cohesive garden setting which extends from Kirribilli Avenue and down into the borrowed landscape of the Reserve and the Harbour.

Kirribill Avenue, which is lined with original apartment blocks with gun-barrel views of the Harbour Bridge, has only seen one apartment sale this year and just seven in 2022, which included a $13.5 million sale of a three-bed, 2000-built sub-penthouse with Opera House and Harbour Bridge views.

<h2>Fast Facts:</h2>

<ul>
	<li>Address: 75 Kirribilli Avenue, Kirribilli NSW 2061</li>
	<li>Land size: 1038.1 sqm</li>
	<li>Building Height: 12m</li>
	<li>LGA: North Sydney Council</li>
	<li>Apartments: 8</li>
	<li>1 x 2-bedroom apartment</li>
	<li>7 x 3-bedroom apartment</li>
	<li>Parking spaces: 14</li>
	<li>Estimated cost of work: $9,383,106</li>
</ul>

Plans have been filed for eight high-end apartments, which will see a the restoration of an inter-war building adjoin a new five-level flat building.



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