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?

Construction has commenced on the Lower North Shore's latest residential development, The Newlands.&nbsp;

Based in Hong Kong and Australia,&nbsp;Top Spring Australia has appointed DASCO as its construction partner, with early works and demolition commencing on site. The project is expected to start to come out of the ground toward the end of 2023.

Bordered by absolute park front on three sides, the 1.26-hectare masterplanned community in St Leonards is embracing an "inner-city tree-change" lifestyle says Colliers Director Daniel McMahon, where established green spaces will connect with a central 5,700 sqm green spine and 1,500 sqm of communal rooftop amenity.&nbsp;

[smartcode_project:default project_id=24509 project_image_fid=203623]

One, two and three-bedroom apartments are on offer at The Newlands, in addition to three-bedroom garden terraces, designed by&nbsp;multidisciplinary design firm, Bates Smart, in collaboration with landscape architects, Arcadia.

The highly-anticipated development&nbsp;is set to roll out in stages, revitalising a well-selected pocket of the area and breathing new life into the community.&nbsp;

Nestled between Marshall Avenue, Canberra Avenue, Park Road, and River Road, the masterplan is strategically positioned, with Newlands Park providing a picturesque backdrop to the east. The location boasts a rare mix of urban conveniences and natural splendour, with the lush bushland stretching beyond River Road, cascading down to the serene Sydney Harbour.

While the masterplan will welcome new households to the tightly-held area, there's a grander Council plan in the works, thanks to the St Leonards and Crows Nest 2036 Plan.&nbsp;

Community infrastructure will get an upgrade, while green spaces were fundamental in the design vision. New pedestrian and bicycle pathways will be incorporated, along with the expansion of Newlands Park, childcare facilities, cafes and pocket parks.

[smartcode_project:default project_id=24509 project_image_fid=203622]

Comprising five low-rise buildings, 329 residences will be constructed across the site along Canberra Avenue, with the lines between exterior and interior set to be blurred.&nbsp;

Stage one of the development is selling now, with prices for a one-bedroom apartment priced from&nbsp;$815,000. The two-bedders start from&nbsp;$1,295,000, while the three-bedroom garden terraces come in at&nbsp;$2,705,000.&nbsp;

[smartcode_project_cta:default project_id=24509]

The highly-anticipated development is set to roll out in stages, revitalising a well-selected pocket of the area and breathing new life into the community. 

Construction commences on Top Spring's St Leonards masterplan, The Newlands

Prominent Sydney developer Coronation Property has been short-listed in the Australian Institute of Architects' National Architecture Awards for their Liverpool-based development, The Foundry.

Nominated in the Multiple Housing category, The Foundry forms part of their award-winning The Paper Mill precinct.

[smartcode_project:default project_id=5847 project_image_fid=211760]

Comprising 200 apartments, including high-rise residences and ground floor laneway apartments, the SJB designed development is fused with generous ground-level landscaping sitting beneath a light-filled central atrium that stretches 17-storeys through its core.

Maximising its frontage onto the Georges River, the tower opens up to a 1,200 sqm resort-style rooftop terrace featuring a private pool and landscaped gardens, providing residents with opportunities to connect with neighbours and enjoy river and district views.&nbsp;

The building's facade blends contemporary elements with a nod to the precinct’s rich history. Constructed using a combination of brick and precast concrete, SJB’s design pays homage to the nearby heritage-listed brick structure that Coronation transformed into Paper Mill Food, a vibrant central dining hub enjoyed by residents and the wider Liverpool community.

[smartcode_project:default project_id=5847 project_image_fid=211761]

The ready-to-move-in apartments at The Foundry feature entertainer’s balconies, engineered floors, double-sized bedrooms, premium joinery, spacious built-in robes, internal laundries, and quality European appliances.

All of the two and three-bedroom apartments have now been sold, with spacious one-bedroom plus study floor plans remaining.&nbsp;

Ideal for first home buyers, investors or young families, these oversized one-bed-plus multi-purpose room apartments, including car space, are priced from $497,000.

[smartcode_project_cta:default project_id=5847]

Nominated in the Multiple Housing category, The Foundry forms part of their award-winning The Paper Mill precinct.

Coronation Property's The Foundry short-listed for National Architecture Award

Sydney-based construction company Level 33 has submitted plans to Wollongong City Council for a large-scale, mixed-use development in the centre of the third-largest city in New South Wales.

The family-owned firm is proposing to construct two towers in Wollongong, one of 18 levels and the other of 19, on a 6,514 sqm parcel of land made up of four separate lots.

Located on the corner of Crown Street and Gladstone Avenue, the towers&nbsp;will contain a total of 262 apartments, above 1200 sqm of retail space with seven separate tenancies.

<img alt="Render of the proposed Wollongong development" data-entity-type="file" data-entity-uuid="f23e876e-d4b5-436a-a7b9-a88a5f229e02" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/2-4%20Gladstone%2C%20Wollongong%20C3%201221%20FI.jpg?VersionId=mwDvVsUKAeRWjjc0mpv8_nlc1WC3ov_e" />Render of the proposed Wollongong development. Credit: BKA Architecture.

The $73 million project plans were submitted by town planners Planning Ingenuity on behalf of Level 33, with BKA Architecture behind the designs.&nbsp;

A company linked to Level 33 Director Eddy Haddad bought&nbsp;357-359 Crown Street for $7 million in late 2021, then added the 20-unit block next door at 363 Crown Street for between $191,000 and $625,000.&nbsp;

<img alt="Level 33" data-entity-type="file" data-entity-uuid="29c75522-4060-444b-b936-de2323bebbf5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-24%20at%2010.36.32%20am.png?VersionId=Lt0zE6CGIKkY_2UPhxwF5d6sCadqS.BA" />

The new development, which will replace all existing buildings, will feature a five-storey podium containing retail and commercial tenants, along with parking for 318 vehicles on the ground and lower-ground levels.

The majority of the apartments proposed are two-bedders (191). There will be&nbsp;63 one-bedroom units and eight three-bedroom apartments. BKA noted in their design statement&nbsp;submitted as part of the application that the density is considered to be appropriate within the urban and social context of the site.

"Its location in close proximity to transport links and numerous retail, commercial and recreational facilities suggests that the proposed density is both sustainable and compatible with the nature of likely future development."

The main communal open space features over 1,800 sqm of landscaped gardens.

<img alt="Render of the proposed Wollongong development" data-entity-type="file" data-entity-uuid="bb342996-3e23-4bd5-ba18-a14544882633" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/2-4%20Gladstone%2C%20Wollongong%20C2%201221%20FI.jpg?VersionId=t0HUYCoZ1gbK0P6uSaZAJGP.RIDnQNcL" />Render of the proposed Wollongong development. Credit: BKA Architecture.

BKA said the proposal to develop the site for residential purposes will greatly enhance the quality and amenity of the streetscape and make a positive contribution to the emerging and renewed character of the area.

"The proposed development is contextual at its core, adapting its built form and landscape design harmoniously with the topography and adjacent consolidated high density residential neighbours in accordance with the desired future character of the area."

The building has been designed with due regard to environmentally sustainable design principles. Most of the proposed apartments have their living areas orientated towards the north and east to maximize solar access.

Part of the consideration in the design process was the heritage-listed Moreton Bay fig tree on the site, which has stood since at least the late 1930s.

[smartcode_project_cta:default project_id=139252]

The new development, which will replace all existing buildings, will feature a five-storey podium containing retail and commercial tenants

Level 33 file plans for mixed-use Wollongong development 

It was a move back to Sydney that prompted entrepreneur Brett Boyle and his wife to secure an apartment in Piety Group's Wentworth Point development, ONE The Waterfront.

Following a two-year stint living in their Blue Mountains home during COVID, the couple returned to the city, and rented an apartment in ONE The Waterfront, the most recently completed building in Piety's waterfront precinct. They went on to buy a two-bedroom apartment in the same building.

Now with a baby on the way, the growing family decided to upsize, selling their apartment for a healthy eight per cent gain and staying put in ONE The Waterfront, buying a three-bedroom unit.

Boyle says the couple have lived on and off in Wentworth Point for the last decade or so, given it's where his parents reside.&nbsp;So when it came time to head back to the city, Piety's nine-building community offered a rare opportunity to live in a near-new apartment in an area they knew well.

[smartcode_project:default project_id=5751 project_image_fid=209824]

"We looked at buying an apartment when we first made the move back to Sydney, but we decided initially to rent within the precinct, to make sure it was the right fit for us," Boyle, who runs the business consultancy firm RiseUp, told Urban.

"Within six months, we bought in the same building."

Boyle says they were impressed with the quality and the level of detail in the project.

[smartcode_project:default project_id=5751 project_image_fid=209829]

"We were confident in both Piety's track record and what we'd physically lived in and owned. We had no problem committing to upsizing within the precinct knowing what we know about the developer," Boyle says, adding that he's now recommending to his family and friends to buy into the project.

"It has a real community-vibe, with the extensive resident amenity meaning you can socialise around a swimming pool or a barbecue area without having to travel far."

On top of the resort-style pool and barbecue areas, residents of ONE The Waterfront have access to a&nbsp;fee free commercial gym, tennis courts, and outdoor rooftop cinemas. There is also CLUB ONE, a community centre that includes&nbsp; another private cinema.

Boyle also noted the extended level of care from the Piety team, who are still actively involved in the development well past its completion.

"It's not a case of them selling the apartment and moving on. Piety continue to maintain a high-level of customer experience. The building managers do a very good job of maintaining the project."

Boyle took advantage of the generous incentive which was on offer when he bought the three-bedroom apartment, securing free strata levies for two years.

[smartcode_project:default project_id=5751 project_image_fid=195415]

Laver Residential Projects saw a huge uplift in interest since they released the incentive earlier this year. The incentive is still available for a limited time.

Read more:&nbsp;<a href="/news/nsw/how-piety-group-are-attracting-first-home-buyers-and-investors-to-one-the-waterfront-apartments-in-wentworth-point">How Piety Group are attracting first home buyers and investors to ONE The Waterfront apartments in Wentworth Point</a>

First home buyers have also shown significant interest since the NSW Government signed off on the changes to stamp duty. Now&nbsp;a first home buyer won't pay any stamp duty when buying an apartment in ONE The Waterfront, given the most expensive three-bedroom remaining is priced at $1,109,000, well below the new $1.5 million cap.

Late last year Piety submitted plans for the final two towers in the waterfront precinct, which they started developing back in 2010.

[smartcode_project_cta:default project_id=5751]

Boyle says they were impressed with the quality and the level of detail in the project

Why we're onto our third ONE The Waterfront apartment in Wentworth Point: Urban Buyer Q&A

The busy developer Lindsay Bennelong is continuing to pad out its multi-residential property portfolio.

Off the back of two contrasting applications in 2022, one for a $150 million project in Crows Nest and another for a boutique project on Manly Beach, Lindsay Bennelong, headed by Clarendon Homes Founder Peter Campbell, is heading to the Eastern Suburbs.

They've filed for a mixed-use project at 138 Maroubra Road, just behind the Pacific Fair Shopping Centre and next door to the Maroubra Police Station.

The company secured the 1,512 sqm site during their busy 2022. They'll be demolishing the current office building and replacing it with a nine-level building, which will offer a mix of retail, commercial, and residential.

<img alt="138 Maroubra Road" data-entity-type="file" data-entity-uuid="031904f3-36f2-417c-b490-4d1adcf30034" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-23%20at%208.49.16%20am.png?VersionId=AcrfIx5d3D8X6aFsbMDCL6p1XRL9GGR3" />

There will be 57 apartments on offer, a mix of one, two, three and four-bedroom units. The plans are for two retail spaces on the ground level, and a first level commercial office space, which will be flanked by a landscaped outdoor space.

There will be 23 one-bedroom apartments, which range in size from 51 sqm to 62 sqm, 12 two-bed units, which start from 86 sqm and top out at 99 sqm, and large three-bedroom apartments, the smallest 105 sqm and the largest 149 sqm.

There is a sole four-bedroom apartment, which has over 150 sqm of living space.

There are a number of outdoor breakout spaces for residents. Level two will feature an outdoor kids play space, an outdoor gym, and built-in seating around turfed areas.

Level eight will home two outdoor spaces, the largest at the southern end of the building which will have an outdoor barbecue and kitchen area and communal dining space, as well as community garden planters.

<img alt="138 Maroubra Road" data-entity-type="file" data-entity-uuid="03e3f7cf-19ff-4a9a-bc53-9ea1ded612f0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-23%20at%208.21.02%20am.png?VersionId=FpNUZ9yRHbggNqiTsyWUKnyT2LgDrdQV" />

The northern outdoor area will have the same facilities, just across a slightly smaller footprint.

DJRD Architects designed the building. Co-owner and director Andrew Hipwell signed off on the design statement, noting that the&nbsp;design intent is to respond positively to the scale and massing of the existing adjacent buildings.

"The proposed project seeks some subtle variety by utilising brick and sheet cladding as a point of difference in texture and colour," the report submitted to the Randwick City Council noted.

"The Ground and Level 1 component will be subtly expressed as a podium with an alternate expression for the residential use above.

"The façade is designed to have “bays” defined by columns and piers that come to ground. The retail frontage is frameless glass for maximum exposure to the street."

The report noted that the structure will be primarily concrete column and slab, with non-loadbearing party walls which would allow apartment amalgamations down the track without any structural implication.

"This feature will permit multiple future configurations of bedroom, bedroom/office, bedroom/living."

Lindsay Bennelong was established in 2007 by the respected property identity Peter Campbell.

They currently have projects in Bondi Junction (Whitton Lane) and Crows Nest (Delano). Last year they submitted plans for five beachside apartments on Manly's dress circle North Steyne.

Read more:&nbsp;<a href="/news/nsw/first-look-lindsay-bennelong-lodge-plans-for-beachside-manly-apartments">First look: Lindsay Bennelong lodge plans for beachside Manly apartments</a>

Fast Facts

<ul>
	<li>Address: 138 Maroubra Road, Maroubra</li>
	<li>Land size: 1,512 sqm</li>
	<li>Ground level retail 1 - 326.7 sqm</li>
	<li>Ground level retail 2 - 425.3 sqm</li>
	<li>Level one commercial space - 849.5 sqm</li>
	<li>three apartments on this level.</li>
	<li>23 x one-bedroom apartments</li>
	<li>12 x two-bedroom apartments</li>
	<li>21 x three-bedroom apartments</li>
	<li>1 x four-bedroom apartments</li>
</ul>

They've filed for a mixed-use project at 138 Maroubra Road, just behind the Pacific Fair Shopping Centre and next door to the Maroubra Police Station

First look: Lindsay Bennelong file Maroubra apartment plans

Green Square’s urban renewal is taking place across Beaconsfield and Zetland, and parts of Rosebery, Alexandria and Waterloo.

Revitalising the heritage and charm of this inner-city area, the precinct will be transformed into a major lifestyle and entertainment hub, replete with retail, office and state-of-the-art community facilities.

As one of Australia’s fastest growing neighbourhoods with over 30,000 new residential dwellings expected by 2030, developers have been quick to take advantage of the growth, with development giant Deicorp next on the list with their Zetland residential project, Downtown.&nbsp;

[smartcode_project:default project_id=7106 project_image_fid=211703]

Downtown offers a collection of one, two, and three-bedroom residences that exude sophistication and elegance, with the project designed to echo Zetland's urban energy.&nbsp;

437 apartments will be delivered across the&nbsp;106-116 Epsom Road site, with&nbsp;MHNDU and BVN Architects collaborating in the design of the four unique buildings.&nbsp;

A range of floorplans are on offer, including open plan two-level apartments, which benefit from off street access.&nbsp;

The spacious living areas include sleek and functional kitchens, with SMEG appliances, while a merge between indoor and outdoor living has been created through the private balconies positioned as additional entertaining areas.&nbsp;

[smartcode_project:default project_id=7106 project_image_fid=211701]

The large, king-sized bedrooms feature generous built-in or walk-in robes, with buyer's able to further customise their space with an optional study or dry bar.&nbsp;

The buildings at Downtown will be crowned by rooftop gardens, surrounded by generous lush landscaping, in addition to the various verdant pathways which not only connect the buildings but also the community.&nbsp;

Downtown is conveniently located just a short stroll to the East Village shopping centre, as well as Green Square Train Station, which will get residents to the CBD in a flash or the airport in just 20-minutes.&nbsp;

[smartcode_project:default project_id=7106 project_image_fid=211702]

The NSW Government is building a new primary school and community spaces in Green Square on the old Royal South Sydney Hospital site on Joynton Avenue, while there's 12 primary and secondary schools within two kilometres of the site.&nbsp;

The City of Sydney has also&nbsp;committed $540 million to create world-class community facilities including an innovative new library and plaza, an aquatic centre, many parks and playgrounds, a childcare centre and a creative hub, which upon completion will put&nbsp;residents within five kilometres of 127 parks, cafes and restaurants.&nbsp;

[smartcode_project_cta:default project_id=7106]

Revitalising the heritage and charm of this inner-city area, the precinct will be transformed into a major lifestyle and entertainment hub, replete with retail, office and state-of-the-art community facilities

Deicorp's Downtown Zetland to bolster Green Square urban renewal project

Residential property ownership has been the cornerstone of The Australian Dream since the term was first coined in the 1950s and 60s.

Back then however the median house price in Sydney was around $10,000. Now the median is just over $1 million, CoreLogic data suggests.

That's priced many out of the Sydney housing market. Most banks nowadays require a 20 per cent deposit. The buyers that don’t have $200,000 or more will require another upfront fee, Lenders Mortgage Insurance (LMI).

Some prospective buyers are finding other ways to invest in bricks and mortar, one of Australia's strongest performing asset classes over the last century.

The diversified property group WINIM, who have a longstanding reputation of delivering boutique residential projects on Sydney's North Shore, introduced property funds management to their development business in 2015&nbsp; Now, with a track record of over 21 investment funds and over $850 million under management, it's a key part of their business.

Essentially, rather than the traditional property investment route of purchasing a property and owning the asset, a property fund allows a qualified person to invest into a fund. That money is pooled with other investors and used to fund a specific project, either residential or commercial, or repositioning of established assets.&nbsp; The average investment term is around three years. WINIM Funds Management manages the asset, and investors are updated quarterly with the performance. Investors are offered considerable visibility of the asset they’re invested in. In the case of a new development, investors are provided opportunities to walk the sites as the projects near completion.

Todd Kuiters, WINIM's Investment Director, says unlike investing in other assets such as stocks, shares, or even listed property funds, an unlisted investment fund provides investors with the ability to invest directly in property markets and assets that they see value in.

<img alt="WINIM" data-entity-type="file" data-entity-uuid="fb28b947-437a-4259-af98-16ce9e0b6cf5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/1_5_Warners_Ave_View_11F2_External_Hero_Final_6000%20-%20resized%20for%20web.jpg?VersionId=I.KEvRUZgZ9pdafilB0RXGUysQ8jSL.k" /> 
WINIM's Tierra development in Willoughby

"Investors have flexibility to invest in the property sector and choose from funds that deliver ongoing dividend payments through assets such as mixed-use development or commercial assets, or higher return single capital repayment at completion of the development, such as residential buy to sell projects,” Kuiters told Urban.

Kuiters says, on top of the inherit investment return benefits, a lot of investors appreciate the ability to have a single asset that they feel connected to and can see the progress of, through design development all the way through to construction and completion.

"The benefit of investing in an unlisted property fund like WINIM’s is that it gives an investor exposure to asset classes that were typically out of reach of non-institutional investors," Kuiters says.

"Additionally, with the average price of Sydney homes over $1m, having a minimum of $100k investment means you can invest in premium real estate markets with a much smaller outlay of funds."

WINIM’s development funds are currently focused on both premium residential development as well as hotel and mixed-use developments on the East Coast of Australia.

"We are constantly analysing different micro markets in key blue-ribbon suburbs with solid property fundamentals including low supply of premium developments," Kuiters says.

"We focus on low to medium density products that meet specific purchasers' demand and designs that speak to local heritage architecture for long term appeal.”

<img alt="WINIM" data-entity-type="file" data-entity-uuid="b589ea35-cddb-4d9e-a978-41ea3704f97e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-20%20at%203.44.11%20pm.png?VersionId=KBzdvm06qdFzR1rwEoFiE6GPozkf1Vop" /> 
WINIM's The Lawson Terraces Naremburn. Image supplied

Seasoned investor Matt B, who is now onto his fifth investment at WINIM, has been investing in property funds for about 15 years, and has both personal property investments and investments in a number of funds.

Matt says WINIM's experience in the sector and ability to identify a strong investment has seen him come back and buy into numerous funds.

"WINIM has created a niche specialising in boutique high end residential projects," Matt says, something which isn’t common in funds.&nbsp;

“They are good at selecting sites, as well as understanding and forecasting macro/micro economic factors at play."

Frank K, another seasoned funds investor, recently invested in a WINIM fund for the first time.

Frank, who generally prefers smaller more boutique funds rather than the larger funds, says he did extensive due diligence on WINIM and its Directors.

"The personal investment, reputation and credentials of the Directors is important to me, particularly when I am looking at boutique funds such as WINIM and I do my research prior to investing," Frank says.

"For me, the team at WINIM had the track record that I was looking for.”

WINIM is looking to deliver five to seven new premium diversified opportunities to their investors in agreed strategic locations each year.

To find out more information on WINIM's Funds Management, <a href="https://winim.com.au/funds-management/">click here</a>.

WINIM is looking to deliver five to seven new premium diversified opportunities to their investors in agreed strategic locations each year

Investing in property funds: WINIM's boutique approach to funds management

The largest-ever single floor penthouse ever built in Bondi Beach has hit the market.

Ray White Projects and Wiesner Property are asking $26.4 million for the sprawling AYA Penthouse, atop the Aqualine Bondi Beach project on Hall Street.

Designed by world-renowned architect Koichi Takada, the expansive 443 sqm penthouse is only footsteps to Bondi Beach and comprises four bedrooms, 4.5 bathrooms, and multiple living and entertaining areas.

<img alt="AYA Penthouse" data-entity-type="file" data-entity-uuid="b8165c70-60fa-4b89-a61c-43d19f16c8b4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-21%20at%208.25.19%20am.png?VersionId=a9TyHxLLFwEwQXwIyPW0QTTELaI73HKF" />

Ray White Projects Managing Partner Eddie Mansour says&nbsp;AYA Penthouse is the epitome of coastal luxury, with an iconic location and iconic design.

“Perched above the heart of Bondi, this penthouse is a one-of-a-kind whose every moment is enhanced by custom inclusions and one-off Takada touches.

“Every square metre of this penthouse goes above and beyond - in this case, size really does matter."&nbsp;

The internal living spaces, which features a two-way fireplace that divides the kitchen and dining area and the living area, open to a terrace with ocean views.

<img alt="Aqualine" data-entity-type="file" data-entity-uuid="79f6fb51-03e2-40d2-a38f-8e6e4d3fc0f4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-21%20at%208.25.26%20am.png?VersionId=5KjxV8s5.i9mG.D20kzf2j711sx58P_u" />

Wiesner Property Managing Director Jeremy Wiesner said the one-of-a-kind penthouse would provide the new owner the opportunity to relax and unwind in the indoor/outdoor living area.&nbsp;

“AYA’s interiors are classic Takada, the light and airy palette and soft edges reflect its beachside setting,” Wiesner said.&nbsp;

“It’s a ‘super penthouse' that invites entertaining and relaxation in equally expansive measures.

“Open-plan living flows throughout. The kitchen, dining, and living areas are naturally symbiotic, bathed in sunlight by floor-to-ceiling windows and overhead skylights.”&nbsp;

Aqualine, at 45 Hall Street, is being developed by Moshav Financial and will home just 17 luxury apartments, two basement levels for parking, and retail space on the lower two ground levels.

Designed by world-renowned architect Koichi Takada, the expansive 443 sqm penthouse is only footsteps to Bondi Beach

AYA Penthouse, Bondi Beach's largest single-level apartment, hits the market

Operating across Malaysia and the UK, international property developers BRDB kick started their works in Sydney with two flagship developments in Sydney, with Verdana in Miranda and PARQ in Wollongong.

Their next project, Allen &amp; George, in partnership with Altus Group, is the latest to join the list, located on the corner Allen St &amp; King Georges Rd, South Hurstville

Just&nbsp;57 apartments are on offer in Allen &amp; George, with a mix of of one, two and three-bedroom floorplans, as well as a collection of garden apartments.

[smartcode_project:default project_id=6838 project_image_fid=201911]

Situated across two buildings, with ground floor retail space in one, the apartments gaze over a landscaped residents-only courtyard and barbecue area, which creates a calming green sanctuary.&nbsp;

The higher floor apartments take in views of the surrounding neighbourhood and bay, while the lower levels offer a more secluded and private living experience.&nbsp;

Designed by the&nbsp;Richard Foley, Paul Greenwood and Kate Greenwood fronted stu+FF Studio, the apartments feature&nbsp;full height glazing floods the apartments with natural sunlight, while the crossflow design and three street frontages ensure that most apartments are corner positioned, maximising natural ventilation and viewpoints.&nbsp;

The apartments adjoin to landscaped balconies, allowing residents to enjoy the outdoors and entertain guests in the privacy of their own homes.&nbsp;

[smartcode_project:default project_id=6838 project_image_fid=201919]

Allen &amp; George is just a short stroll to the Hurstville Train Station, making commuting to and from the city a breeze. The Hurstville Town Centre is also within walking distance, offering a variety of retail, dining, and entertainment options.

In addition, the apartments are surrounded by a number of parks and reserves, providing a serene environment away from the hustle and bustle of city life.&nbsp;

With over $20 billion in residential project sales across some of Sydney’s most prominent new developments, Laver&nbsp;Residential Projects are handling the marketing of Allen &amp; George, with a display suite open now by appointment.

[smartcode_project_cta:default project_id=6838]

Just 57 apartments are on offer in Allen & George, with a mix of of one, two and three-bedroom floorplans, as well as a collection of garden apartments

International developers BRDB take to South Hurstville for Allen & George apartments

Sydney property agency Highland has been appointed as the lead selling agent for the $375 million luxury apartment project, Archibald by ALAND.

The full-service real estate company has more than 40 projects currently in market along the eastern seaboard from southern Sydney to the Gold Coast, with this week announcing it will sell Archibald's one, two and three-bedroom apartments, along with the three and four-bedroom penthouses.

Located at 108 Donnison Street, Gosford, Archibald is a dual tower development which will deliver 199 residences in the West Tower and 124 in the East Tower.

[smartcode_project:default project_id=134670 project_image_fid=208142]

Highland selling agent Clint Willoughby said Archibald offers a rare balance of affordable coastal and cosmopolitan living in one of the Central Coast’s most connected locations.

“The Highland team is thrilled to be appointed to sell Archibald and we are very eager to show prospective buyers all this project has to offer, from its unrivalled amenity to stunning layouts and finishes,” said Willoughby.

“Being situated where it is, Archibald merges resort living with connectivity, providing the sought after blend of relaxation and recreation among buyers.”

Offering unrivalled amenity that the Central Coast has never seen, Archibald is home to an exclusive Skybar and Lounge on level 28 and a pub on the ground floor with dining.

[smartcode_project:default project_id=134670 project_image_fid=208143]

Residents will have full access to hotel-managed amenities such as the lobby café, resort style pool and swim-up pool bar, which have been designed with relaxation and restoration in mind.

Georgia Scanlon is also selling Archibald, which she says will bring a new level of luxury living to the Central Coast with each residence designed to appeal to a range of buyers.

“Archibald appeals to local buyers, Sydney downsizers looking for the coastal lifestyle, and investors looking to capitalise on the growth potential of this thriving region,” said Scanlon.

“Now an extension of Greater Sydney, it’s situated in one of the Central Coast’s most connected locations, with a full range of business, retail, dining, cultural, entertainment, transport, and recreational activities, essentially at your doorstep.”

Designed by Place Studio, Archibald will feature&nbsp;striking sail-like curves, echoing the boats on the nearby Brisbane Waters, in addition to uninterrupted views of Gosford’s skyline.

[smartcode_project:default project_id=134670 project_image_fid=208153]

Prices for the apartments start from $450,000 through to $1.6 million, with the penthouses priced on application.&nbsp;&nbsp;

ALAND CEO, George Tadrosse said Highland were the obvious choice for sales agents for Archibald.&nbsp;

“Highland was an obvious choice to lead the sales and marketing program for Archibald due to its credibility as one of Sydney’s leading agencies and its extensive network of buyers,” Tadrosse said.

Completion of Archibald is estimated for the third quarter of 2024.

[smartcode_project_cta:default project_id=134670]

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