For most new apartment buildings, the Owners Corporation starts life with little more than a bank account and the first quarterly strata levies.

At <a href="https://www.apartments.com.au/buildings/9-gay-street-castle-hill-9-gay-street-castle-hill-nsw-2154">9 Gay Street</a> in <a href="https://www.apartments.com.au/developments/castle-hill-nsw-2154">Castle Hill</a>, it starts with around $7 million in reserve.

It's an unusual legacy of what was once one of Sydney's highest-profile apartment remediation projects. When the development, originally known as Skyview and built by disgraced developer Top Place, came under scrutiny by then NSW Building Commissioner David Chandler, an $11 million remediation bond was negotiated to ensure any building defects could be fully rectified.

The building underwent an 18-month remediation program, during which around $4 million of that bond was spent bringing the building up to the standard it should have been in from the outset.

After extensive inspections, all active rectification orders have been lifted. What's more, around $7.2 million remains secured for the Owners Corporation for the next 15 years.

In a twist few would have predicted, what began as a significant concern for purchasers has left the building with something almost unheard of in the apartment market: a multi-million-dollar financial reserve from day one.

[smartcode_project:default project_id=147685 project_image_fid=359136]

<a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a> Executive Chairman Greg Huxley said the structure offers buyers a level of certainty that is difficult to replicate.

"The $11 million bond established for the Skyview Castle Hill development represents exceptional value, providing genuine financial security for purchasers," Huxley said.

"Unlike a standard insurance policy, this bond consists of real funds held in trust for the Owners Corporation, offering a tangible layer of protection and added peace of mind."

The apartments themselves have been designed with a focus on practical, contemporary living. Interiors feature Smeg appliances, stone benchtops, tiled living areas, carpeted bedrooms, 2.7-metre ceilings, floor-to-ceiling glazing, and ducted heating and cooling throughout.

Residents also have access to a range of shared amenities, including two rooftop barbecue areas, a swimming pool, children's playgrounds, secure building access, storage cages, and visitor parking.

The location continues to be one of the project's strongest drawcards. Castle Hill Metro Station sits virtually on the doorstep, providing direct connections across Sydney's expanding Metro network, while Castle Towers offers extensive retail, dining, entertainment, and service amenities within walking distance.

[smartcode_project:default project_id=147685 project_image_fid=359127]

The building, now named after its location at 9 Gay Street, comprises a diverse mix of one-, two-, and three-bedroom apartments starting from just under $600,000.

Equitifund National Sales Director Ben Hamblett said demand in the Hills District continues to be driven by buyers seeking convenience and connectivity.

"Interest from both owner-occupiers and investors in Castle Hill remains exceptionally strong, with buyers consistently prioritising developments in close proximity to the Metro station and Castle Towers Shopping Centre," Hamblett said.

"There is a clear trend in the market, with purchasers seeking convenient access to transport and lifestyle amenities that support a seamless, low-maintenance way of living."

On top of the long-term protection afforded by the remaining $7.2 million bond, Equitifund is offering a limited-time stamp duty rebate on selected apartments.

Eligible purchasers can also secure finance options, including a 3.99 per cent two-year variable rate, loan-to-value ratios of up to 90 per cent, and interest-only lending options through EquitiCredit.

[smartcode_project_cta:default project_id=147685]

Joel Robinson

Why this Castle Hill apartment building starts with a $7 million advantage

For much of the past few years, conversations about Australia's property market have centred on the rapid growth seen in Sydney, Brisbane, Gold Coast, and Perth. <a href="https://www.apartments.com.au/developments/melbourne-vic-3004">Melbourne</a> has followed a different trajectory.

That relative underperformance is now encouraging some buyers to reassess the city, particularly those willing to look beyond short-term market movements and focus on quality property in established locations, along with the long-term growth prospects of a city expected to overtake Sydney as Australia’s most populous.

John Bekiaris, Research &amp; Market Insights at <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Projects by Equitifund</a>, said Melbourne's current position is attracting increasingly sophisticated purchasers.

"Melbourne continues to present one of Australia's strongest long-term investment stories," Bekiaris says.

"While other capital cities have experienced stronger recent growth, that relative underperformance is exactly what's attracting sophisticated counter-cyclical investors."

[smartcode_project:default project_id=1979 project_image_fid=363268]

Equitifund isn't just commenting on Melbourne's property market, it's investing in it.

The Sydney-headquartered capital partner has taken over the remaining apartments at <a href="https://www.apartments.com.au/buildings/victoriana-melbourne-20-queens-road-melbourne-vic-3004">Victoriana</a>, the recently completed glass-encased development opposite Albert Park Lake in Melbourne's tightly held St Kilda Road precinct.

Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> and built by <a href="https://www.apartments.com.au/builders/hickory">Hickory</a>, Victoriana places residents between one of Melbourne's most recognised parklands and the CBD, offering oversized two and three-bedroom apartments aimed at owner-occupiers seeking a genuine alternative to a traditional family home.

The development comprises 232 completed residences alongside a suite of resident amenities, including a 25-metre indoor swimming pool, gymnasium, landscaped entertaining areas, resident lounges, EV charging, secure basement parking and a concierge-style arrival experience.

[smartcode_project:default project_id=1979 project_image_fid=363229]

The apartments have been designed with owner-occupiers firmly in mind.&nbsp;Open-plan living and dining areas flow onto generous balconies framing views across Albert Park Lake, Fawkner Park, the Royal Botanic Gardens and the Melbourne skyline.

Kitchens feature Gaggenau appliances, stone benchtops and generous preparation space. Bedrooms include built-in robes, while bathrooms feature full-height textured tiling. Hardwood flooring and ducted air conditioning complete residences designed for long-term living.

Rothelowman's architecture takes its cues from the landscape opposite the site. Sweeping horizontal glazing references the movement of Albert Park Lake, while generous balconies and expansive glazing strengthen the connection between the apartments and the surrounding parklands. The result is a building designed to deliver the scale and amenity expected of luxury apartment living, while offering the larger floorplans increasingly sought by owner-occupiers.

[smartcode_project:default project_id=1979 project_image_fid=363284]

The location is one of Victoriana's defining characteristics. Positioned on Queens Road, residents are directly opposite Albert Park Lake and within easy reach of Fawkner Park, the Royal Botanic Gardens, South Melbourne, St Kilda Road and the CBD. With few comparable development opportunities remaining in the precinct, buyers are increasingly placing value on outlooks that are unlikely to be interrupted by future construction.

Greg Huxley, Founder of Equitifund, believes those qualities become even more valuable over time.

"Premium real estate has always rewarded buyers who take a long-term view," Huxley said.

"Victoriana represents the kind of asset that's increasingly difficult to recreate today, particularly in an established location like Queens Road."

He said rising construction costs are also changing the way buyers assess completed developments.

"When you combine an irreplaceable location with thoughtful architecture and premium finishes, you create something that becomes increasingly difficult to reproduce as construction costs continue to rise."

[smartcode_project:default project_id=1979 project_image_fid=363228]

According to National Sales Director Ben Hamblett, enquiry has been driven largely by Melbourne downsizers and buyers upgrading from smaller apartments.

"Interest in Victoriana continues to build, with strong buyer focus on the larger owner-occupier residences within the development," Hamblett says.

"Enquiry is increasingly driven by local buyers who recognise the rarity of what's on offer: park-facing apartments in an established neighbourhood where new development opportunities are becoming increasingly scarce. At Victoriana, the view is not just a feature; it's an appreciating asset in its own right."

He said interstate enquiry has also strengthened as buyers reassess Melbourne's position within the national property cycle.

"Melbourne currently stands as the most compelling entry point of any major Australian capital, and discerning buyers are beginning to recognise what those who move early always understand: the best opportunities are taken before the price rise confirms them."

[smartcode_project_cta:default project_id=1979]

Why now is the time to buy in Melbourne's premium apartment market

Developers and apartment buyers have a narrowing window of opportunity before Brisbane's Olympic infrastructure pipeline begins competing directly with residential construction, pushing up costs, tightening labour supply and making new projects increasingly difficult to deliver.

While Brisbane's apartment market continues to benefit from strong population growth and limited housing supply, industry research suggests the years leading up to 2027 could prove to be the most important period for developers looking to secure builders and buyers hoping to purchase before the next wave of price increases.

A new Colliers report, Brisbane 2032 Olympic and Paralympic Games: Creating Solutions, highlights the scale of the challenge. While thousands of new homes are planned across South East Queensland, the Brisbane Olympic Athletes Village alone will deliver more than 10,500 beds during the Games before being converted into around 1,750 to 2,000 apartments. Equivalent to almost two years of typical inner-city apartment supply, the project will also absorb a significant share of the construction workforce and building materials.

The broader construction pipeline paints an even clearer picture.

Construction Skills Queensland's Horizon 2032 report forecasts Queensland's annual construction pipeline will average $69 billion over the coming years before peaking at $75 billion in 2027-28. Demand for construction workers is expected to increase by 17 per cent to almost 150,000 people, with the industry facing an annual shortfall of around 19,000 workers that could blow out to as many as 35,000 during the peak construction period.

The Olympic venues, athletes village and supporting infrastructure will account for billions of dollars worth of work across South East Queensland through to 2032, creating intense competition for labour at a time when Australia's residential construction sector is already under pressure.

[smartcode_project:default project_id=150489 project_image_fid=373834]

Colliers Queensland Residential Director Andrew Scriven said the convergence of these projects is creating a clear window of opportunity for both developers and buyers.

"From 2027 onwards, the market will shift dramatically," Scriven said.

"Labour will increasingly be locked into government-led infrastructure and Olympic projects, which means private residential developments will face higher costs and tighter margins. The developers who move now are the ones most likely to get projects off the ground."

Scriven said the same dynamic would also affect buyers, with fewer apartment projects expected to launch once construction capacity tightens.

"If you're looking to change your lifestyle over the next five years, now is your window of opportunity to buy."

[smartcode_project:default project_id=150713 project_image_fid=373827]

Developers are already positioning themselves ahead of that window.

Following the success of Monarch at Toowong, Consolidated Properties is preparing to launch two new Brisbane apartment projects in the second half of 2026. They include <a href="https://www.apartments.com.au/new-apartments/gloriette-30-bedivere-street-yeerongpilly-qld-4105">Gloriette</a> at Yeerongpilly Green, a 25-storey tower within one of Brisbane's key Olympic precincts, and <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a>, a recently approved 25-storey riverfront development at 47 Skyring Terrace in Newstead.

Hutchinson Builders will deliver both projects, with early works already underway at Yeerongpilly and Newstead expected to commence later this year.

The timing comes as Brisbane's fundamentals continue to strengthen, with strong interstate migration, population growth and vacancy rates remaining below 1.5 per cent.

Colliers Queensland researcher Pragya Sharma said Greater Brisbane is forecast to require around 40,000 new apartments between 2021 and 2031.

"There's a real mismatch emerging between when housing is needed and when it will be feasible to build," Sharma said.

"As a result, the period leading up to 2027 presents a key window of opportunity for developers to secure approvals, funding and construction capacity, while buyers will have greater choice before supply constraints intensify."

Colliers research outlines a critical pre-2027 window to start residential projects before labour squeeze: now is the time to buy

Developers, buyers on watch in South East Queensland ahead of construction crunch: Colliers

It's taken less than nine months for developer Sherpa Property Group to sell out all 51 apartments in its <a href="https://www.apartments.com.au/new-apartments/flourish-oasis-palm-beach-7-9-sixth-avenue-palm-beach-qld-4221">Flourish Oasis</a> development in <a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a>, over a year before its anticipated completion.

&nbsp;

Located at 7-9 Sixth Avenue, the $67 million development has resonated strongly with both local owner-occupiers and downsizers seeking high-quality apartments within walking distance of the beach, dining precincts and everyday amenities.

[smartcode_project:default project_id=151449 project_image_fid=357458]

Christie Leet, Founder of <a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Group</a>, said the sell-out reflected both the strength of the Palm Beach market and the success of Sherpa's community-first approach to development.

"The sell-out of Oasis is a fantastic outcome and reinforces the strong demand we're seeing for thoughtfully designed apartments in lifestyle locations," Leet said.

"From the outset, our vision was to create a development that genuinely enhanced the Palm Beach community while providing residents with exceptional homes and wellness-focused amenities.

"We've been incredibly encouraged by the level of local support throughout the campaign, 72.5 per cent of buyers are locals, with a significant proportion of purchasers choosing Oasis as their future home rather than an investment."

[smartcode_project:default project_id=151449 project_image_fid=357463]

Construction is now progressing following development approval, with trusted builder LPS Group delivering the project and completion anticipated in Q3 2027.

Oasis forms part of Sherpa Group's successful Flourish collection, which has become recognised for its focus on wellness, community and elevated coastal living.

[smartcode_project:default project_id=151449 project_image_fid=357469]

Residents will have private access to a rooftop amenity space featuring a pool, gym, sauna, steam room, hot and cold plunge pools, spa and barbecue facilities.

"The success of Oasis demonstrates that buyers continue to prioritise quality, location and lifestyle," Leet said.

"We are proud to have delivered a project that has resonated so strongly with the market and look forward to bringing Oasis to life for our future residents."

Sherpa recently launched <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a>, its third instalment of the Flourish brand in Palm Beach following Flourish Oasis and <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>.

[smartcode_project_cta:default project_id=151449]

Sherpa sells out Flourish Oasis in booming Palm Beach

Urban Property Group's <a href="https://www.apartments.com.au/new-apartments/la-vera-macquarie-park-94-talavera-road-macquarie-park-nsw-2113">La Vera</a> is leading the next phase of Macquarie Park's residential evolution, with the new apartment development set to become the first of several new apartment projects in the precinct to complete.

The 169-apartment building has now topped out ahead of its scheduled completion in the third quarter of 2026, as new residential investment continues to reshape one of Sydney's largest employment hubs into a true mixed-use precinct.

[smartcode_project:default project_id=134951 project_image_fid=368645]

Cox Architecture has designed La Vera to capture the best of its unique positioning on Talavera Road, orienting the building towards Lane Cove National Park.&nbsp;The building features a sculpted northern façade with flowing curves inspired by the surrounding landscape, while its city-facing elevation adopts a more structured architectural expression to maximise skyline views.

"The vision for the project was to conceive a building that adopted an organic and curvilinear form to the northern portion that faces the Lane Cove National Park," <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a> Director Felipe Miranda said.

"The residents that reside in the northern portion of the building benefit by having beautifully crafted curved balconies that speak to the natural context and heighten the relationship of their internal living spaces to the external balconies."

[smartcode_project:default project_id=134951 project_image_fid=358802]

La Vera offers a diverse mix of one, two, three, and four-bedroom configurations, with prices currently starting from $740,000. Buyers so far have been a mix of Sydney-based investors,&nbsp;metro commuters, owner-occupiers and downsizers from surrounding North Shore suburbs.

Both investors and owner-occupiers have been drawn to La Vera's proximity to Macquarie University, Macquarie University Hospital, Macquarie Centre and the Sydney Metro, infrastructure that supports both strong rental demand and a convenient lifestyle for residents.

The apartments feature full-height glazing, timber flooring throughout living areas, stone kitchen benchtops, SMEG appliances, floor-to-ceiling bathroom tiling and ducted air conditioning.

Residents will have access to a rooftop recreation level featuring a swimming pool, sauna, barbecue facilities and landscaped relaxation areas, complemented by additional communal space at ground level. Many apartments enjoy uninterrupted views across Lane Cove National Park, reinforcing the project's connection to its natural setting.

[smartcode_project:default project_id=134951 project_image_fid=364551]

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a>, a family-owned developer and builder with nearly four decades of experience, holds a 4.5-star iCIRT rating and was Australia's first developer to introduce 10-Year Latent Defects Insurance (LDI). La Vera is the first apartment development in <a href="https://www.apartments.com.au/developments/macquarie-park-nsw-2113">Macquarie Park</a> approved to offer the additional insurance protection, alongside a five-year warranty on SMEG appliances.

Urban Property Group CEO Patrick Elias said the additional protection reflects changing buyer expectations in the off the plan market.

"Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. Having LDI is a tool to portray the confidence that we have in our product, and a confidence we want buyers to share," Elias said.

Following completion of the building later this year, buyers will move into their apartments well before Christmas.

[smartcode_project_cta:default project_id=134951]

La Vera closes in on completion as Macquarie Park continues residential transformation

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.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

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

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

Ellen Walker

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

The ASX-listed group Mirvac together with Easts Group will fill the gap in the downsizer market, with the topping out recently of their near $164 million over–55’s development.&nbsp;

The Langlee will be lifestyle focussed and amenity-rich, with the lucrative benefit of welcoming its first residents in 2023.&nbsp;

The project marks a return to the eastern suburbs for Mirvac, following the successful completion of The Moreton in Bondi in 2017, at a time where up to one in 10 baby boomers are opting to downsize, freeing up the family home to allow the next generation of families to move in.&nbsp;

The ‘right-sizer’ movement, enhanced further by the Federal Government’s Downsizer Scheme, promotes housing efficiency in a supply-constrained market.&nbsp;

<img alt="Render of the Mirvac over-55's development, The Langlee" data-entity-type="file" data-entity-uuid="35d4909b-dbd6-4395-b5c3-7a4a4f158d6f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/MIR2300_Waverley_S030_EXT_HeroWesternFacades_Final2000%20%282%29.jpg?VersionId=fmH_ZFjFYC4Okz45gQQCfSvL7bxQ0iaU" />Render of the Mirvac over-55's development, The Langlee

Mirvac’s Head of Residential, Stuart Penklisa said the partnership with Easts Group will deliver an amenity-rich lifestyle for the right-sizer, offering the best of both convenience and comfort.&nbsp;

“On top of that, we wanted to create a new benchmark of exceptional quality that would live up to Mirvac’s reputation of quality and discerning attention to every detail,” Penklis said.&nbsp;

“We know that Australia’s ageing population is on the rise. In fact, those aged 65 and above will double to one in every four people by 2042, and along with it the trend to downsize will gain further momentum. But The Langlee offers prospective purchasers an attractive downsizing option with a difference.”

“The idea of an over 55`s residence has significant value to the wider community and allows for the natural transition of the housing continuum by allowing downsizers to reside and enjoy a maintenance free environment with state-of-the-art facilities, and in turn on-sell their larger family home to the next generation of families, prompting much needed housing to the market,” he added.&nbsp;

Designed by Altis Architecture, in conjunction with Mirvac’s design team, the rare one-hectare site will feature 55 premium residences, in addition to a suite of lifestyle-focussed amenities, including a 20-metre indoor lap pool, treatment and steam rooms, a mezzanine level gym and space for pilates, yoga and stretching classes.&nbsp;

<img alt="Render of the pool area within The Langlee" data-entity-type="file" data-entity-uuid="523f4712-a114-4021-b944-3e81156feed2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/MIR2300_Waverley_S050_INT_WellnessCentre_Final2000.jpg?VersionId=yjFc9pwlX8zWrAhX_Jt__Hq3MbzJoKeK" />Render of the pool area within The Langlee

An indoor/outdoor casual and contemporary café, restaurant and bar will also be situated on the ground floor, fronted by two bowling greens.&nbsp;

An added feature will be a personalised well-being concierge service delivered by Zinnia Living to benefit residents whilst moving in, making it easier to transition seamlessly into a lifestyle of relaxed luxury.&nbsp;

Penklis said that The Langlee meets the increasing needs of a growing consumer group in an area of limited supply and addresses the unmistakable trend towards living environments which include a high level of amenity that deliver health and social benefits.

Along with lifestyle features and amenities, Mirvac has worked to lighten The Langlee’s environmental footprint through sustainable building practices and cost saving benefits for residents. The Langlee maximises available roof space to house solar panels, with a 92-kW system to be installed which will significantly offset the running costs of the common area facilities, reducing ongoing energy costs to our residents.

Electric Vehicle (EV) charging to each and every residential car space has also been provisioned, along with water and energy efficient appliances, and with more and more people choosing electric vehicles and a more sustainable way of life, the building is future proofed for this important transition.

<img alt="Render inside one of The Langlee residences" data-entity-type="file" data-entity-uuid="2ce5b246-8f36-4775-b992-747f3aee77f0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/MIR2300_Waverley_S060_INT_KitchenLight_Final2000%20%281%29.jpg?VersionId=MFa2w0vnJi2ZJi0HOgJSH0PzCp83L68g" />Render inside one of The Langlee residences

“Not only are purchasers focusing on lifestyle features, but they are increasingly making decisions based on environmental factors to ensure we leave the planet a better place than we received it. At The Langlee, and across our business, we are committed to continually doing our part,” said Penklis.&nbsp;

Easts Group CEO Joe Kelly said that meeting the wider needs of the community, particularly in the Eastern Suburbs where the population aged 55-79 has grown by 8.3 percent (or &gt;4,250 people) since the last Census in 2016, was a fitting repurpose for the former Club.

“The Langlee and our new hospitality venue known as Waverley Greens, presents a unique opportunity to create an exceptional new community precinct,” said Kelly.&nbsp;

“Through our partnership with Mirvac, the Club is looking forward to providing the Eastern Suburbs with a first-class sporting, social and community asset, that along with the residential offering, will set a new benchmark in leisure, comfort and amenity in a landmark location close to Sydney’s most renowned beaches. There is no one better placed to deliver on that than Mirvac, a reputable company known for quality, and with 50 years of proven delivery success.”

The Langlee is consistent with Mirvac’s strategy to extend their pipeline with projects that Penklis says delivers the right product in the right location, at the right price, and with the right partners.&nbsp;

“Mirvac’s fully integrated model means we are designing and constructing the development which enables the confidence in dealing with one party. We are also highly selective in the partners we choose to work with. As a result, we are one of the few development companies in Australia with the capacity to see new projects get off the ground and completed in a timely manner, knowing that our reputation for quality will stand up well in any market,” Penklis concluded.

<img alt="Render of the bowling greens that will front The Langlee" data-entity-type="file" data-entity-uuid="3e3a0663-cd03-4d9f-bde2-4c9cc83766e0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/MIR2300_Waverley_S180_EXT_GroundLevel_Final%202000%20%281%29.jpg?VersionId=XHhIamRMXKfHCaR5V4MQPB9OGyKcEY0b" />Render of the bowling greens that will front The Langlee

Designed by Altis Architecture, in conjunction with Mirvac’s design team, the rare one-hectare site will feature 55 premium residences, in addition to a suite of lifestyle-focussed amenities, including a 20-metre indoor lap pool, treatment and steam rooms, a mezzanine level gym and space for pilates, yoga and stretching classes. 



Mirvac meets growing baby boomer downsizer demand in Sydney’s East 

As development ramps up across Western Sydney, especially in the state’s second CBD, Sydney group, SW Developments are next to join the line in keen developers looking to benefit from the growing pipeline of infrastructure upgrades and projects set for the burgeoning area.&nbsp;

The group has lodged plans for two sites within the City of Parramatta, taking up shop in both Thallon Street and Shirley Street in Carlingford.&nbsp;

Dickson Rothschild prepared the designs for the 12-storey towers, which are similar in design and will deliver a total of 178 apartments upon completion.&nbsp;

Located near the new Carlingford Light Rail Station, the 9-11 Thallon Street site has been designed to cater for the family owner-occupier, contributing to the changing demographics of Carlingford with the addition of a restaurant and retail space across the ground floor.&nbsp;

<img alt="Artist's impression of the Thallon St development " data-entity-type="file" data-entity-uuid="313d283b-41a4-472f-96d4-66f0e81188cc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-11-02%20at%203.02.27%20pm.png?VersionId=vLq05ycaOMtp0ALv2VAtsOcB9fU.Finl" /> 
Artist's impression of the Thallon St development.

43 two-bedroom apartments will be constructed, along with 37 three-bedroom and 11 four-bedroom residences.&nbsp;

Divided via two slots, the tower will be infiltrated with an abundance of natural light and ventilation in the internal corridors, with the elements also modulating the tower’s facade.

The proposed development achieves a built form with good proportions and a balanced composition.&nbsp;

The four-storey podium achieves a human scale within the streetscape with defined bricks in a nod to the existing older building within the streetscape, complemented with an underlying base colour and a lighter frame which reflects the more modern developments in the neighbourhood.&nbsp;

Taking inspiration from the podium, the tower framing elements extend above the roof parapet, crowning the corners of each tower.&nbsp;

The north-eastern portion of the site is landscaped with both communal areas and private terraces, providing additional vegetation on the built form, which softens the tower and provides a complimentary space to the public open area towards the light rail station.&nbsp;

<img alt="Artist's impression of the Shirley St development" data-entity-type="file" data-entity-uuid="9c2b1153-0ce7-451b-977c-5d163ecb3780" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-11-02%20at%203.03.15%20pm.png?VersionId=LNM2Urs1tKn6zRjBiOrSlfhxaptNOAtx" />Artist's impression of the Shirley St development.

The communal open space for the development is located on level one, featuring a pool, barbecue facilities, a gym, spa and a common room. Communal open space will also be provided on the rooftop, embellished in lush landscaping.&nbsp;

Thallon Street benefits from being nearby to a number of goods, services, amenities and public transport options, with a broad concentration of retail and dining businesses, as well as community facilities including parks, recreation centres and schools in the surrounding areas.&nbsp;

The Shirley Street development will take place across a 3,141 sqm site, delivering 87 apartments, with a mix of one, two, three and four-bedroom floorplans atop a 76-place childcare centre and basement carparking.&nbsp;

It said the new proposal would result in better communal open space, a unit mix weighted more on larger apartments.&nbsp;

Conceived as a slender tower, two one-bedroom apartments will feature, along with 41 two-bedroom, 43 three-bedroom and one four-bedroom.&nbsp;

Open space will be provided to the south of the site, along with a communal rooftop space, complete with lush landscaping, shaded seating and barbecue facilities.&nbsp;

<img alt="Artist's impression of the Shirley St development" data-entity-type="file" data-entity-uuid="6e6c27e6-9bb2-4e9d-ab0d-da1b975531c4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-11-02%20at%203.03.27%20pm.png?VersionId=fOx_tPswgdq4h3gRhJGvzUfoZdDydkRS" />Artist's impression of the Shirley St development.

“The proposed building as amended provides for a high-quality development … on a strategic site in very close proximity of the new light rail station and within proximity of significant buildings within the core of the Carlingford Precinct,” the development application said.&nbsp;

“This building will set a good standard for urban consolidation and design.”

“The proposal achieves a reasonable transition from the denser development around the light rail to the lower density areas within the precinct to the north.”

“The form of the building has been crafted to take into consideration site constraints and has arisen out of urban design analysis taking into account the site context.”

Located near the new Carlingford Light Rail Station, the 9-11 Thallon Street site has been designed to cater for the family owner-occupier, contributing to the changing demographics of Carlingford with the addition of a restaurant and retail space across the ground floor. 

SW Developments lodge plans for two apartment towers in Sydney’s West 

AURA by Aqualand is an iconic new address and symbol of North Sydney’s sophisticated future. AURA sets a new precedent for luxury harbourside living.

The group released the second stage of apartments in May, offering a mix of one, two, three and four-bedroom residences by award winning architects, Woods Baggot and Richard Stanisich.

[smartcode_project:default project_id=30959 project_image_fid=181046]

The $1 billion luxury mixed-use residential development&nbsp;is home to a sprawling range of residential amenity along with a multi-level hospitality precinct.

The high-end dining and entertaining is only moments from the apartments, with&nbsp;<a aria-label="Aqualand - opens in new tab" data-uw-rm-brl="false" data-uw-rm-ext-link="" href="/developers/aqualand-australia" target="_blank" uw-rm-external-link-id="https://www.urban.com.au/developers/aqualand-australia$aqualand">Aqualand</a>’s hospitality arm, Etymon Projects, curating and managing the precinct.

Part of the Aqualand group of companies, Etymon is a startup in the hospitality space fronted by CEO, Lisa Hobb, with the group pioneering a new level in premium hospitality, luxury concierge services, wellness facilities and retail concepts.

Etymon Projects will introduce a service and lifestyle offering that is central to the heart of AURA, setting a benchmark for future developments in Sydney. &nbsp;

[smartcode_project:default project_id=30959 project_image_fid=181067]

Across the multi-level hospitality precinct, Etymon Projects has collaborated with designers to craft an artfully curated selection of venues conceived with the view to enhance and enrich the lives of the residents living above.

“This new culinary scene will transform this new neighbourhood destination into a beacon for visitors and residents of the broader metropolitan area, a place to gather and enjoy the finer delights,” said Hobb.

“The businesses and retailers that are destined to be part of the AURA story are carefully curated and conceived to complement a dynamic and vibrant lifestyle.”

Collectively designed to be a beacon for visitors and a playground for residents, the mix of venues at AURA include a providore, a bakery, café, wine bar, an all-day diner, as well as a contemporary Japanese eatery.

[smartcode_project:default project_id=30959 project_image_fid=181047]

“We see North Sydney as becoming a great food destination. We’re excited to be an important part of this dining evolution,” Hobb added.

The standard of service that Etymon Projects prides itself on goes beyond just the thriving culinary precinct but is woven into the fabric of everyday life at AURA.

Etymon Concierge is accessible by all residents and exists to enrich the lives of those lucky enough to call this beautiful destination their home.

Whether that means catering to the practicalities of modern life by looking after deliveries, managing visitors or helping with information about the area, a personalised, polished service is central to the beauty, convenience and vibrancy of life at AURA.

[smartcode_project_cta: project_id=30959]

The $1 billion luxury mixed-use residential development is home to a sprawling range of residential amenity along with a multi-level hospitality precinct.

What is Etymon Projects & what are they offering at AURA by Aqualand?

The Southern Highlands, around 110 kilometres south-west of Sydney, doesn't often have an off the plan development to talk about.

But Maeve is set to fill a gap in the market, offering something different to the grand garden estates and surrounding farms which are more typical of the area.

Located at 18 Kangaloon Road in Bowral, the hub of the Southern Highlands,&nbsp;Maeve will comprise just 12 apartments and 12 townhouses.

The three-bedroom apartments. ranging in size from 131 sqm to 179 sqm, will start from $1.7 million, and the three and four-bedroom townhouses, offering 221 sqm of living space, start from $2.2 million.

Reform Projects are behind the development, which will be built on the site of the former destination restaurant Biota which closed in 2020.

[smartcode_project:default project_id=134917 project_image_fid=207172]

Maeve is Reform’s first project as builder developers after an solid track record as a renowned builder for Sydney’s most prestigious luxury boutique homes and apartments in areas like Palm Beach, Manly, Vaucluse, Double Bay, and Bellevue Hill.

Knight Frank's Luke Hayes believes Maeve will appeal to a wide range of buyers and will cater to all ages, rather than just the over 55s market which most developments or property in the area doesn't.

Hayes said there would be strong demand for homes in the project due to its rarity of the offering, the location, luxurious design and inclusions, as well as the sense of space.

[smartcode_project:default project_id=134917 project_image_fid=207173]

“The generous sizing of the three-bedroom homes will have huge appeal,” Hayes said.

“This includes the fact that they are built on a large site, with the developer opting for fewer homes in favour of more open space to create an intimate and relaxed feel that captured that green, country outlook, rather than fitting more homes onto the parcel.

“With timeless architectural appeal, generous floor plans, luxurious finishes and leafy gardens, Maeve will appeal to a wide range of owner-occupiers.

“In particular the residences are a great option for rightsizers, which are those downsizing from a larger Southern Highlands house or estate, or Sydneysiders looking for a second home outside of the city and seeking a taste of the country life.”

[smartcode_project:default project_id=134917 project_image_fid=207166]

Hayes said the rightsizing trend – downsizing to a luxury apartment and townhouse living – was becoming increasingly popular in lifestyle locations, as has been happening in the city.

Bowral-based Tziallas Architects designed the homes, with Chloe Matters Design the interior designer, with the residences designed to provide the best of country life in Bowral with a contemporary twist.

The three-level townhouses are a contemporary reinvention of the rural barn, featuring recycled brickwork and beautiful, black-stained cladding softened by cascading balcony gardens and verdant ground-floor landscaping.

Features include a private basement carpark and lift to a personal lobby and upper floors, wine cellar, feature fireplace, a large outdoor terrace and landscaped garden.

[smartcode_project:default project_id=134917 project_image_fid=207169]

The single-level apartments will have a similar look and feel, with private open spaces in the form of generous balconies on the upper floors and access to beautiful gardens on ground floor apartments.Flexible floorplans for the apartments are available to accommodate the buyer’s preferred layout.

Bowral saw values for attached homes grow by 21.3 per cent in the second quarter of 2022, to record growth of 32 per cent over the past year.

“There is still activity in the lifestyle locations of New South Wales, despite a slowdown across Greater Sydney where attached home prices have remained steady for the past two quarters,” Hayes added.

“The length of time for an attached home being advertised in Bowral has averaged 149 days on the market over the past ten years compared to 66 days in Greater Sydney.

“However, the average number of days in the Bowral market has dropped to average 60 days in the past six months, while Greater Sydney averaged 66 days in this time.”

The homes in Maeve are expected to be completed by early 2025, with construction slated to begin toward the end of Q1/start of Q2 next year.

[smartcode_project_cta:default project_id=134917]

Reform Projects are behind the development, which will be built on the site of the former destination restaurant Biota which closed in 2020.

Rare off the plan apartments and townhomes in Bowral hit the market

Recently we toured one of La Luna's bespoke two-bedroom luxury apartments. The developer, Conquest, has previously delivered over 1,000 multi-residential developments in New South Wales, with La Luna set to bring the same level of care and quality.&nbsp;

Take a look at our tour video:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/_UgLPABJqvI" title="YouTube video player" width="660"></iframe>

<h2 style="line-height: 1.38; text-align: justify;">LA LUNA AT A GLANCE</h2>

Address:&nbsp;23 George Street, Burwood 
Developer:&nbsp;<a data-uw-rm-brl="false" href="/developers/conquest">Conquest</a> 
Architect:&nbsp;<a data-uw-rm-brl="false" href="/architects/urban-link-architects">Urban Link Pty Ltd</a>

[smartcode_project_cta:default project_id=6552]

La Luna is primely positioned at 23 George Street near MLC School and the popular Chinatown restaurants. You're also two minutes from Burwood Train Station and can access Westfield Shopping Centre via a direct walk-through pathway. Sydney CBD is also located 12 kilometres away.&nbsp;

[smartcode_project:default project_id=6552 project_image_fid=202015]

The timeless architectural design features a sleek brass façade, with only three homes per floor, and two lifts per level. There’s also plenty of basement parking and a spacious, landscaped communal garden to enjoy.

All living areas feature timber-look herringbone tile flooring and floor-to-ceiling glazing. You'll notice the small details like the provisions for recessed drapes and creative storage. Master bedrooms feature generous ensuites and a spacious balcony boasting views of the city skyline and Sydney Harbour Bridge.&nbsp;

[smartcode_project:default project_id=6552 project_image_fid=202021]

Conquest selects high quality materials, such as the luxurious Calacatta Stone on the kitchen benchtops and brushed brass metal tapware. La Luna kitchens also features Smeg's premium appliances from their Dolce Stil Novo collection.&nbsp;

Bathrooms are finished with polished porcelain tiles and are complimented with opulent gold tapware.&nbsp;

[smartcode_project:default project_id=6552 project_image_fid=202014]

La Luna apartments are ready to move into now. Enquire via Urban today to book a viewing.

Olivia Round

Display Tour Video: La Luna by Conquest at 23 George Street, Burwood, NSW

Sydney-based investment house Princeton has recently acquired one of the last remaining warehouse conversion sites in the Balmain Village Precinct, worth a combined value of $40 million.&nbsp;

The 960 sqm inner-west site at 73-75 Beattie Street will house just five three-bedroom terraces along with a one-of-a-kind New York loft-style four-bedroom penthouse, with views to the Sydney Harbour Bridge and city skyline.&nbsp;

Construction will kick off in the first quarter of next year as the new residences position themselves as welcome addition to the affluent suburb.&nbsp;

While Sydney property prices show signs of dropping, the latest CoreLogic figures show Balmain has experienced a steady increase over the last five years, with a growth rate of nearly 20 per cent over the last twelve months and a current median sales price of $2.7 million.&nbsp;

<img alt="Render of the proposed Beattie St development " data-entity-type="file" data-entity-uuid="fc40fe3e-2d77-4c14-9f93-f6e929967793" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/CGI%20-%20Llewelyn%20Street.png?VersionId=GHbYC3UB_mUR.3yDK47G0Led5Gaz8Ymx" /> 
Render of the proposed Beattie St. development.

Princeton founders, George Gadallah and Craig Anderson said the new addition provided the perfect step for their quick growing investment portfolio in Sydney’s inner-west.

“The acquisition of the Balmain site is an exciting leap forwards for Princeton in the highly competitive inner-west market,” said Gadallah.

“Balmain is one of Sydney’s most in demand suburbs and continues to outperform the wider market due to government infrastructure announcements such as WestConnex and Sydney Metro West, as well as its proximity to amenities in the CBD, strong demographic and lack of land supply.”

“This development will offer home buyers dynamic, terrace-style living with unparalleled views of Sydney’s world-famous harbour, with each terrace providing a separate home office or rumpus room above basement car parking.”

“It’s going to be exciting to see this project come to life over the coming months/years and cement itself as a crown jewel of the inner west,” Gadallah added.&nbsp;

The Balmain project will join an already strong portfolio from Princeton, including the underway Botany project, Baronet &amp; Banks, Serrata in Blakehurst, and luxury living development in Bondi Beach with Eurangi.

The 960 sqm inner-west site at 73-75 Beattie Street will house just five three-bedroom terraces along with a one-of-a-kind New York loft-style four-bedroom penthouse, with views to the Sydney Harbour Bridge and city skyline. 

Princeton to build apartments in the heart of Balmain 

Third.i has quickly secured 80 per cent of sales at its $35.5 million Sable at the Jetty project in Coffs Harbour.

The development approved project will deliver a collection of one, two and three-bedroom apartments starting from $650,000 and rising to $2.35 million.

Early works expected to commence this year, with completion slated for mid 2024.&nbsp;

<img alt="Render inside one of the Sable at the Jetty residences." data-entity-type="file" data-entity-uuid="50af8709-1128-4b99-b5ce-a03281dea165" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/CollingwoodEdgar_View_03B_Apt504_Living%20FINAL2_0.jpg?VersionId=3hxj0M7y1mUHkWGVBwJ0ituKvJvNkuzK" />Render inside one of the Sable at the Jetty residences.

Third.i Co-Founder Luke Berry said Third.i’s debut Coffs Harbour project is helping to fill a gap in the market for quality coastal homes and the demand isn’t showing signs of slowing down.

“Sable at the Jetty is our first project here at Coffs Harbour, so we’ve ensured it exceeds expectations and lives up to the legacy I know it will leave for the region. Encouragingly, sales results at our launch event last week show us we’ve done exactly that,” Berry said.

“It’s all about elevating our buyer’s lifestyle, with premium apartments and different layouts and configurations to suit each and every one of our potential buyers.

“The interest received prior to launch has shown demand for this type of product isn’t slowing anytime soon, and we can’t wait to kickstart construction and bring this project to life,” Berry added.&nbsp;

<img alt="Render inside one of the Sable at the Jetty residences." data-entity-type="file" data-entity-uuid="8af85df8-ca81-4edb-b510-1b5eb8e74101" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/CollingwoodEdgar_View_06B2_Apt502_Living%20FINAL2_0.jpg?VersionId=zRnRRznoo0Y.BBv.6qkw4Ou7RNIiyzjr" />Render inside one of the Sable at the Jetty residences.

Designed by Third.i team Design Manager Luke Mahaffey, Sable at the Jetty draws inspiration from the surrounding coastal context, incorporating colours and textures reminiscent of the nearby ocean and sand, as well as the local flora and fauna.&nbsp;

Located on the corner of Collingwood and Edgar Streets, the site is within walking distance to the beach, along with a number of local schools, cafes and shops. Numerous transport links will also be on offer from the steps of Sable.&nbsp;

“The Jetty is an icon for the city and has come to symbolise the next major chapter of the city’s economic growth. Whether you’re looking for somewhere to raise a family, or downsizing to simplify your life, these apartments are sure to be a great investment,” Berry said.

<img alt="Render of the landscaped communal space in Sable at the Jetty" data-entity-type="file" data-entity-uuid="ecf23ce9-518e-4963-858c-086b173645ca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/CollingwoodEdgar_View_10C_Communal_Space%20FINAL.jpg?VersionId=uspMnj_3QnMGeU8AUXbAUmG6n2u22RCr" />Render of the landscaped communal space in Sable at the Jetty

&nbsp;

“With the convenience of the city centre close by, yet outside of the hustle and bustle, Sable is perfectly located for convenience and peace of mind. A range of gyms, shops, cafes and restaurants, as well as transport options are all within walking distance.”

The latest offering from Third.i joins a growing list of developments across Australia’s eastern seaboard, including Dairy Farmers Towers and Merewether Residences in Newcastle, as well as Balfour Place in Lindfield.

Luke Berry said Third.i’s debut Coffs Harbour project is helping to fill a gap in the market for quality coastal homes and the demand isn’t showing signs of slowing down.

Thirdi.i’s Sable at the Jetty splashes onto the market selling over 80 per cent of residences in three days

Inspired by the lush, green landscape of Newlands Park, Hyecorp’s Audrey in St Leonard's occupies&nbsp;a one of a kind position where sweeping views of the neighbouring park and Sydney city skyline present themselves from every aspect.

Located at 13-19 Canberra Ave, the DA-approved Audrey benefits from all that comes with being tucked away in the urban epicentre of the lower North Shore.&nbsp;

[smartcode_project:default project_id=110379 project_image_fid=192150]

With construction due to commence shortly, and completion slated for mid-2024, buyers in the St Leonards project will soon enjoy an enviable address complimented by park front living, while being just five kilometres from the Sydney CBD.&nbsp;

Residents will also be just 200 metres from the upcoming open air Civic Plaza, which is set to feature a modern retail and dining precinct which will include a Coles and a brand new public library.

St Leonards Train Station is located 450 metres from Audrey, while the Royal North Shore Hospital is only 750 metres away.&nbsp;

[smartcode_project:default project_id=110379 project_image_fid=198678]

Audrey will also have the rare added convenience of an onsite daycare centre, which will feature both indoor and outdoor learning environments where children are encouraged to explore and learn.

St. Leonards is a premier education location with residents set to enjoy easy access to numerous top-tier schools in the suburb and nearby, including the selective schools North Sydney Boys and Girls High School.

Within close proximity to the bustling Crows Nest, Audrey is also within reach of Chatswood, with both destinations providing ample shopping, dining and recreational offerings.&nbsp;

[smartcode_project:default project_id=110379 project_image_fid=198978]

Buyers will also benefit from the upcoming Metro Train Station, set for Crows Nest in 2024, with a train from the station getting commuters to Martin Place in just seven minutes.

Audrey will comprise 81 apartments across 12 levels, offering a diverse mix of one, two and three-bedroom apartments, with each including either a separate study or a multi-purpose room.

Residents will have access to a suite of amenity, including an indoor pool and spa, a music room, cinema, personal training studio, an on-site cafe, a private dining room and an expansive rooftop terrace, as well as&nbsp;EV provisions for each carpark.

[smartcode_project_cta:default project_id=110379]

The St Leonards project enjoys an enviable address complimented by parkfront living, while being just five kilometres from the Sydney CBD. 

Defining a new St Leonards: How Audrey takes advantage of its prime location

Castle Hill is set to see two huge new apartment developments that will bring well over 600 apartments to the burgeoning suburb.

Sydney developer Bathla Group are behind one of the two projects submitted to the local council in the last week.

The prominent Greater Sydney developer is planning a near $80 million, 350-apartment development&nbsp;across a 1.77 hectare site incorporating Dawes, Hughes, and Middleton Avenue's, will see the 350 apartments built across four buildings on the huge 1.77 hectare site.

The site, in the continually transforming Showground Station Precinct, is an amalgamation of 19 sites with 19 separate dwellings. It's just 300 metres from the Hills Showground Railway Station.

Bathla's plans are for 60 one-bed apartments, 205 two-beds, and 85 three-bed units. There will be 487 parking spaces, 407 for residents and 80 for visitors, as well as 10 motorcycle spaces and 151 bicycle parking spaces.

<img alt="Bathla Castle Hill" data-entity-type="file" data-entity-uuid="54fa0f03-3b9a-44fc-894e-7a2ebd3bd47e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-20%20at%204.29.31%20pm.png?VersionId=.c6Ftav_1DVvbRIRQNJbcu8vw7W9yusD" /> 
The propose Bathla development. Image credit: Plus Architecture

The apartments will be spread across four buildings. Building A will have&nbsp;103 apartments, Building B 106, Building C 95, and Building D just 46. Each will rise six levels.

Plus Architecture noted in their architectural design statement that the development seeks to maintain a green and walkable setting, in keeping with the residential areas in Castle Hill which have lush landscaping with established street trees following the undulating topography.

"The proposal provides extensive green spaces through multiple open spaces, tree lined streets and garden areas within the street setbacks," Plus stated.

"The ground plane provides connectivity between the public domains and communal open spaces for the residents and general public."

"The proposal generally has four-storey articulated base podium to respond to the pedestrian movement and human scale. The four-storey podium is further broken down with various facade materiality and articulations to be expressed as either single or double storey expression from the ground to be sympathetic to the existing pedestrian network."

Just a 200 metre walk around the corner is another massive 1.6 hectare site which has plans for 315 apartments lodged this week.

<img alt="Castle Hill" data-entity-type="file" data-entity-uuid="86a7c67a-5e19-4ffc-9512-61f232aa37c2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-18%20at%2010.51.06%20am.png?VersionId=7fyot877QUgMTojhQLi6hHA.HBn0vjba" /> 
The proposed Place Studios development. Image credit: Place Studios

There will be eight buildings in the $80 million development which fronts Dawes and Hughes Avenue and Cadman Crescent, with the plans submitted by town planners BMA Urban on behalf of architects Place Studio. 515 residential car spaces have been planned, a further 62 visitors spaces, 205 bicycle spaces, and 31 motorbike spaces.

It was noted in the submission that Place wanted to "deliver&nbsp;an architecturally unique and contemporary development that strives to set a new standard for high amenity residential developments."

They are seeking to deliver a modulated skyline with a variety of building heights, with taller elements creating visual interest.

<img alt="Castle Hill" data-entity-type="file" data-entity-uuid="d3e06084-edad-41a6-a22b-75a15a6c65bb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-18%20at%2010.51.12%20am.png?VersionId=sP2J5SDBJEej9C3r7ujy6KgUQw.XJQ0w" />

Zenith Landscape Design are across the landscaping. The strategy from them "seeks to provide residents with a diversity of spaces and activities for their leisure that are both attractive and functional.

"The design aims to deliver opportunities for community gathering and private retreats across both the ground floor and rooftops. Large open lawns, seating pods and passive retreats have been integrated into the ground floor communal open space and is connected by a number of pedestrian paths through the development."

Sydney developer Bathla Group headlines the two projects submitted to the local council in the last week

First look: Castle Hill set for two huge new apartment developments

AVID Property Group (AVID) has bought its second strategic development site in as many months, securing 40 hectares of land for a new 275-lot residential development in Chisholm in New South Wales’ Lower Hunter Region.

The announcement follows the confirmation last month of a deal on a 30.5 hectare site in Pakenham, west of Melbourne. The two new sites add almost $500 million to AVID’s national development pipeline.

AVID purchased the strategically located site adjacent to AVID’s highly popular communities of Waterford and Harvest.

“The site in Chisholm builds on our existing presence in the area and takes our Waterford community to a total of 1,500 lots, which will eventually become home to up to 3,600c people,” AVID CEO Cameron Holt said.

Substantial population growth in the Hunter Region will see rising demand for housing in the region, with predicted population rises set to see another 86,703 more people – 10 per cent more than what was predicted just a few years ago.

According to the Hunter Regional Plan 2036, the Hunter is the leading regional economy in Australia and is currently home to more than 860,000 people. This figure is expected to grow to 1.1 million by 2031 
 
“AVID has grown a strong foundation within the Lower Hunter Region of New South Wales, allowing us to continue to expand our offering and investment within this corridor,” Holt added.

“As one of New South Wales’ highest growth areas, the Hunter region is an appealing lifestyle proposition at great value, which has long been a draw card for buyers at all stages of life.

“We’ve had considerable success in the Lower Hunter, with the sell-out of Harvest, a 510-home community in Chisholm, and high demand for Waterford, which has already sold around 1000 home sites since it was launched in Jan 2018.”

The acquisition enables the completion of the masterplan envisioned for the Waterford community, including new housing options and connecting roads.

The greenfield site is located 23 kilometres north of Newcastle, surrounded by 74 hectares of green space, pristine waterways and native wetlands, and seven kilometres of cycling and walking tracks, with a scenic outlook across Four Mile Creek.

AVID will lodge planning applications with Council in the coming weeks, and it anticipates launching to market in 2024.

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