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?

Plans for Capital Corporation’s apartment project on the site of the Seventh-day Adventist Church site, Wahroonga Estate, have been given the green light by Ku-ring-gai Council.&nbsp;

Lodged on behalf of the Adventist Church, the plans were approved for&nbsp;136 - 144 Fox Valley Road, following extensive planning, community engagement and modification.

<img alt="Render of the proposed apartment building at Wahroonga Estate " data-entity-type="file" data-entity-uuid="17db0d75-bdc8-447c-95df-ed7e26045dc0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Wahroonga%20Estate_View_03.jpg?VersionId=f1_7KBhs9OC_c0d_cyN3gwbC7c9UAL05" />Render of the proposed apartment buildings at Wahroonga Estate.&nbsp;

Set to form an integral part of the regeneration of the 64.2-hectare site on Sydney’s North Shore, 177 apartments will be delivered across four low-rise buildings.&nbsp;

Designed by architectural consultancy firm, GroupGSA, the energy-efficient buildings aim to be visually interesting, contemporary and sympathetic to the surrounding area, with the building’s interiors also benefiting from designs by Coco Republic.&nbsp; 
&nbsp; 
Ranging from four to six-storeys, the buildings will be constructed across two stages, with 143 apartments set for the first stage and an additional 34 in the second.&nbsp;

26 one-bedroom, 95 two-bedroom and 56 three-bedroom apartments will be delivered across the project, with a new two lane access road set to be built as well, providing an entry point to a shared basement.

The apartments will be located within the approved concept plan’s building envelope, just off Fox Valley Rd, with the DA approval coming 12 years after the State Government approved a Part 3A plan for the site, which included the expansion of the Sydney Adventist Hospital and a range of residential, commercial and higher education developments.&nbsp;

<img alt="Render of the proposed apartment building at Wahroonga Estate " data-entity-type="file" data-entity-uuid="f6d0effb-9ab0-4fda-9a2b-2b3df2b118a3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Wahroonga%20Estate_View_04.jpg?VersionId=FC5lTQiQTiq9dmlUuY0q0ckrQBkO7LlL" />Render of the proposed apartment buildings at Wahroonga Estate.

The entire Wahroonga Estate is divided into five neighbourhoods and includes 31.4 hectares of environmental conservation land.

Jim Hunter, Director of Capital Corporation, said the planning process was inclusive of the Council and community feedback to ensure the needs of the local area were met.&nbsp;

“The project has been years in the making. We carefully considered feedback from the community and made many amendments in response,” Hunter said.&nbsp;

“The collaborative approach we took with Council and the community ensured we are delivering a plan that meets the needs of the local community and this was evident in the amount of feedback received.”&nbsp;

A review of initial plans resulted in the reconfiguration of the residential development’s footprint, along with the addition of landscaping and open space.&nbsp;

&nbsp;“We are thrilled with the result and we are excited to bring this project to market in early 2023,” Hunter added.&nbsp;

<img alt="Render of the proposed apartment buildings at Wahroonga Estate" data-entity-type="file" data-entity-uuid="20af84a5-79d1-4293-9633-a6c56ab81a18" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Wahroonga%20Estate_View_02.jpg?VersionId=heKTii97LHAbm7dq8vBesCP8NEG4INYj" />Render of the proposed apartment buildings at Wahroonga Estate.

The proceeds from the development will also unlock funding for reinvestment into facilities, new educational hubs and other community assets within the Wahroonga Estate precinct.&nbsp;

Established in 1991, the Australia-owned Capital Corporation established themselves amongst the Sydney development scene as one of the pioneers of the Norwest Business Park, completing 47 buildings within the precinct.&nbsp;

The group has also recently completed a string of developments including the Esplanade in Norwest, Parklands Estate in Rouse Hill, Veridian in Kogarah, along with Stages One, Two and Three at the $1 billion Woolooware Bay Town Centre in the Sutherland Shire.&nbsp;

The entire Wahroonga Estate is divided into five neighbourhoods and includes 31.4 hectares of environmental conservation land.

Capital Corp given green light for Wahroonga Estate apartments 

Urban Property Group are continuing their take over of the western suburbs of Sydney.&nbsp;

Having wracked up a swat of awards for their residential developments in Penrith, including Navali, Lumina and The Henry, Urban are set to transform Edmondson Park in their latest project, with plans for four buildings on a site fronting Buchan Avenue.&nbsp;

<img alt="Render of the proposed Edmondson Park residences" data-entity-type="file" data-entity-uuid="61573d2f-fe58-44d4-b002-7e59ca3728ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-07%20at%204.00.34%20pm.png?VersionId=gZvnLx.KkQZyZ8kNE2ALcMf.YkCzVooY" />

The group recently submitted the plans for the project, which will form part of a greater precinct of homes.&nbsp;

Titled Site 5 of the Edmondson Park North Precinct 9, the buildings will top out at eight-storeys, with COX Architecture to design each of the stages across the precinct.&nbsp;

266 apartments will be delivered across the site, with a communal open green space to separate each of the buildings.&nbsp;

37 one-bedroom apartments will be on offer in the precinct, along with 154 two-bedroom, 65 three-bedroom, nine four-bedroom and one five-bedroom apartment.&nbsp;

<img alt="Render of the proposed Edmondson Park residences" data-entity-type="file" data-entity-uuid="4bc32dd0-64e7-45f4-b0a1-3274fd2da0b8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-07%20at%204.00.23%20pm.png?VersionId=VSYGAfI_0GEpGktWttMSeS5gdmIZ4SXx" />

The group also has plans to develop stage one to three in the Edmondson Park North Precinct 9, along with stage four with the development application currently being prepared.&nbsp;

Sydney property developers to build residential precinct in Edmondson Park 

Developers are setting their sites further west as the expansion of Sydney continues.

A Metropolis of Three Cities, the Eastern Harbour City, the Central River City and the Western Parkland City, known as The Regional Plan, has been prepared by the Greater Cities Commission in a 40 year vision for Metropolitan Sydney.&nbsp;

It envisions a 30-minute city, where residents live within 30 minutes travel of their job, education and health facilities, services and great places.

The Regional Plan projects that almost half of the population growth in Greater Sydney over the next 40 years will reside west of Parramatta in the Central River City and the Western Parkland City, where two development applications have been lodged.&nbsp;

<img alt="Render of the ground floor space proposed for the Bringelly Rd project" data-entity-type="file" data-entity-uuid="bbf30051-f0f3-4c8c-a844-7a1306ee192d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-09%20at%2010.48.19%20am.png?VersionId=wqVeFIPL7Tj4Dq_42D5uu64srcyw97iC" />

Plans have been laid for a four-building development at 313 Bringelly Road.&nbsp;

The Salvo Group, who are a Melbourne-based property group, engaged CM+ to design the three, four-level mixed-use buildings.&nbsp;

There will be 242 apartments delivered across the buildings, with 67 to be included in block A, 84 in block B, and 91 across block C.&nbsp;

The project will be one of the area’s early developments and will foster transformation of the northern part of the Leppington Town Centre.

The site’s rural character will be transformed into a vibrant and multifunctional community that facilitates urban living

It’s projected that the population of Western Parkland City will grow to 1.1 million by 2036 and to over 1.5 million by 2056.

The mixed use development will offer living and working opportunities close to Leppington Station, approximately 400-800 metre walking distance from the site.&nbsp;

It will also create a high amenity living precinct, close to public infrastructure, such as&nbsp; the Leppington Train Station and TfNSW Commuter Car Park, along with open spaces including the future green spaces along Scalabrini Creek and Western Sydney Parklands.

<img alt="Render of the proposed Ingleburn Rd project" data-entity-type="file" data-entity-uuid="2f1ffcf5-00ed-4c9e-8505-afc9399f73ac" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-09%20at%2010.50.33%20am.png?VersionId=Y5VTwnwYJopVybqJLoT_ueIxCU8HCXLM" />Render of the proposed Ingleburn Rd project

There’s further development planned near Leppington Town Centre, on the corner of Ingleburn Rd and Byron Rd.

The plans are for a medium density apartment building, which will deliver a further 63 apartments to the area surrounding the town centre and 18 townhouses.

The development is identified by two building forms, one being a four-storey apartment building consisting of four cores that wraps around the Ingleburn Rd and Byron Rd corner, along with walk-up terrace style homes.&nbsp;

A mix of natural materials will be utilised, tying the project to the surrounding native landscape, with a fine-grain two-tone fibre cement panel facade donning the buildings.&nbsp;

Urban Link Architects are behind the designs of the plans, which will deliver 17 one-bed, 25 two-bed and 21 three-bedroom apartments, along with 18 townhouses.&nbsp;

<img alt="Render of the proposed Ingleburn Rd project" data-entity-type="file" data-entity-uuid="971f08cc-6cce-4da1-9255-47ea2cd7e727" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-09%20at%2010.50.45%20am.png?VersionId=EUsALOGaDDbXRHnZczjxGRWyYnRBgXVP" />Render of the proposed Ingleburn Rd project

Separating the two forms will be a communal open space across the ground floor, featuring deep planting creating a pocket park-like atmosphere, outdoor seating space and barbecue facilities, as well as recreational space on level three.&nbsp;

The growth of Western Parkland City is enhanced by the recently finalised Aerotropolis Planning, which will deliver the new Western Sydney Airport at Badgerys Creek Aerotropolis.

The developments also sit within proximity to Leppington Town Centre, along with being just 30-minutes from Sydney Airport, 30 kilometres from Parramatta CBD and about 50 kilometres from the Sydney CBD.

The precinct is also in proximity to Liverpool CBD, which is currently Sydney’s third CBD.

Leppington’s connectivity will be further improved as well by future train links to Western Sydney Aerotropolis.

Camden City set for two residential developments

Buyers at Coronation Property's Merrylands project, Mason &amp; Main, are set to benefit from a huge pipeline of infrastructure due to the project's location in the heart of the 6000-hectare Greater Parramatta to Olympic Peninsula (GPOP) corridor.

Mason &amp; Main, designed by Woods Bagot, will be its own mini-community with apartments set above vibrant market-style laneways with retail and dining, is set just south of Parramatta in Merrylands, which has transformed into a gentrified hotspot that is appealing both investors and owner-occupiers due to a mix of strong population growth an extensive infrastructure upgrades around Sydney’s west.

[smartcode_project:default project_id=31751 project_image_fid=161005]

Mason &amp; Main offers one, two and three-bedroom apartment configurations across five buildings, as well as resort-style amenities including a pool, private gym and rooftop gardens and a vibrant ‘Eat Street’, creating a new destination for the suburb.

There’s some $20 billion of investment and infrastructure planned over the next five years in the GPOP, fast emerging as the heart of Greater Sydney’s Central City. Merrylands has seen significant investment, with the Cumberland City Council announcing in 2021 the creation of a new civic square in the heart of the suburb.

[smartcode_project:default project_id=31751 project_image_fid=160999]

The $11 million project currently under construction will provide an integrated residential, retail, commercial and commuter hub to Merrylands and will be conveniently located within 50 metres of Mason &amp; Main.

Already Sydney’s western hub has seen a dramatic change with the redevelopment of Parramatta Square which saw the heart of Parramatta revitalised as part of one of the largest urban renewal projects in the country.

The $2.7 billion redevelopment included six new buildings, premium office space, a refurbished town hall, multi-level retail, with the site linked by 6000 sqm of public space.

[smartcode_project:default project_id=31751 project_image_fid=161017]

Bringing Parramatta Quay to life is Charles Street Square

The ferry terminal at Charles Street is the gateway to the Parramatta CBD for those who travel by boat, by foot or by bike along the river, in what will be known in the near future as, Parramatta Quay.

The area is also a place of cultural and geographical significance, as the fresh water of the upper Parramatta meets the saltwater of the lower reaches, connecting Sydney to Parramatta River.

The completed escarpment boardwalk provides connection from one side of the river to the other, with the pedestrian and cycle friendly thoroughfare extending under the MacArthur Street Bridge, joining to Parramatta River Cycle way, providing more than 100 kilometres of walking and cycling paths, extending all the way to Sydney Olympic Park.

The Parramatta Ferry terminal upgrade is complete and once the Charles Street Square upgrade is finished the area will become a confluence of leisure activity, cafe culture and transportation hub celebrating one of the City's special waterway experiences welcoming tens of thousands of visitors and commuters each year.

[smartcode_project:default project_id=31751 project_image_fid=161007]

Construction of the Charles Street Square upgrade is slated to be complete by the end of 2022 or early 2023.

The Sydney Metro West project is also underway, with the new underground metro railway set to connect the Parramatta and Sydney CBDs. The NSW Government committed $6.4 billion over four years to the project, which will achieve a travel time of 20 minutes, as well as unlocking housing supply and employment growth between the two CBDs.

With trains, buses and ferries connecting the Parramatta CBD with Sydney and the wider metropolitan area, the council also runs a free shuttle bus around the Parramatta CBD for those wanting to stay close by.

Further connection will be provided through the development of the Parramatta Light Rail. Stage One of the project will run 12 kilometres, connecting Parramatta CBD to Westmead and Carlingford. Stage One will be operational in 2023.&nbsp;

The Parramatta CBD is also well-connected to major arterials, including the M4 Motorway, Great Western Highway, Windsor Road, Pennant Hills Road and James Ruse Drive.&nbsp;

[smartcode_project:default project_id=31751 project_image_fid=161009]

A new Museum of Arts and Applied Sciences will open on the river foreshore in Parramatta in 2025 as the new centre of arts, culture and innovation. It will include the newly relocated Powerhouse Museum and a revamped Riverside Theatres.

Further boosting the areas growth is the soon to be developed Western Sydney Aerotropolis, which is set to give Western Sydney residents a more convenient option for travel and boost overall population growth.

Sydney’s new airport is set to open to international, domestic and freight flights in 2026, providing much-needed aviation capacity for the entire Sydney region.

Designed to grow in stages and over decades, the Airport will eventually become one of the biggest gateways to Australia and the primary airport for the entire Sydney region. Qantas Group and Virgin Australia Group have signed MOUs with the Airport and have already commenced discussions about the design of the Airport and potential routes and services.&nbsp;

With the Westmead precinct Australia’s largest health and biomedical research precinct, the site is also undergoing revision with four hospitals, two universities, two large research institutes, NSW’s largest pathology service, and many allied health centres currently occupying the space.

With NSW Health, the City of Parramatta Council jointly commissioned the Westmead Innovation District Master Plan project.&nbsp; The project includes aspirational targets for jobs and tertiary students, driven by the significant government investment planned for the area.&nbsp;

[smartcode_project_cta:default project_id=31751] 
 
&nbsp;

Already the area has seen a dramatic change with the redevelopment of Parramatta Square which saw the heart of Parramatta revitalised as part of one of the largest urban renewal projects in the country

The Merrylands lifestyle precinct in Parramatta's growing Olympic Peninsula corridor

Last year F45 co-founder Rob Deutsche spent nearly $20.65 million on a prime site on Campbell Parade site, the exclusive strip fronting Bondi Beach.

Now, it's been revealed what he's going to do with it.

Recent plans submitted to the Waverley Council are for four luxury apartments above a retail premises at 56 Campbell Parade.

<img alt="The Bondi apartments" data-entity-type="file" data-entity-uuid="e54c5e3b-336b-4999-8d51-a7f7275eec59" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-20%20at%2011.12.21%20am.png?VersionId=U41N35uktDcOCjFJ4bLTuOy8YpuGsKe1" />

The existing building will be retained. While not heritage-listed, it is deemed as a contributory building within the Bondi Beach Heritage Conservation area and makes a positive contribution to the streetscape of Campbell Parade, a heritage statement prepared for the development submission noted.

There will be a substantial demolition of the rear of the building to make way for a striking new design by architecture firm&nbsp;Architects Nicholas + Associates.

<img alt="The Bondi apartments" data-entity-type="file" data-entity-uuid="2bd42a21-40d7-4639-b8bc-6eb2d7ba65c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-20%20at%2011.12.25%20am.png?VersionId=fZzaj2dfu4JQPJjE77kFyJIMFfSumxzs" /> 
The proposed plans at 56 Campbell Parade. Image credit: Architects Nicholas + Associates

The existing retail premises will be expanded to spill over two levels and face Campbell Parade.

There are already four apartments within the building, so the density won't change, but at the moment they are only spread over two levels. There will four levels for the new building, offering considerably more size.

The ground level apartment will have nearly 140 sqm of internal space with three bedrooms and a rear terrace.

Above will be two two-level apartments, which share levels one and two. Each will have four bedrooms and around 220 sqm of internal space, as well as a balcony with gun-barrel views across to the beach.

Topping the development will be a two-level penthouse spanning 250 sqm. The whole top level is dedicated to the master suite which opens to a private 25 sqm terrace with plunge pool.

The application comes a few months after next door, 58 Campbell Parade, <a href="/news/nsw/first-look-rare-new-apartments-to-hit-bondi-beachs-campbell-parade">sought redevelopment into a luxury development of 10 apartments</a>.

<img alt="A new Bondi development" data-entity-type="file" data-entity-uuid="2be3bb63-3f58-458d-8d07-b7948cbacb26" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-20%20at%2011.58.07%20am.png?VersionId=PNj4CnePrReYFn.6gyhnDclwshGTxuF0" /> 
The proposed plans at 58 Campbell Parade. Image credit: MHNDU

The project, designed by MHNDU, is currently under appeal to the NSW Land and Environment Court. MHNDU noted it was important in the design&nbsp;to&nbsp;retain a number of notable original building features. They opened the façade, creating more established viewpoints of the iconic neighbouring beach.

When Deutsche secured the keys at the December auction for the Campbell Parade site, a number of Bondi's most prolific developers were in attendance, including&nbsp;Rebel Property Group’s Allen Linz, who developed Pacific Bondi, and investor and developer Vaughan Blank, both of whom have recently submitted development applications for new apartments around the corner on Hall Street.

<a href="/news/nsw/first-look-allen-linz-and-eduard-litver-team-up-for-new-hall-street-bondi-apartments">Read more:&nbsp;First look: Allen Linz and Eduard Litver team up for new Hall Street, Bondi apartments</a>

<a href="/news/nsw/vaughan-blank-set-for-apartment-development-on-bondi-beachs-hall-street">Read more:&nbsp;Vaughan Blank set for apartment development on Bondi Beach's Hall Street</a>

<a href="/news/nsw/first-look-rare-new-apartments-to-hit-bondi-beachs-campbell-parade">Read more:&nbsp;First look: Rare new apartments to hit Bondi Beach's Campbell Parade</a> 
&nbsp;

Recent plans submitted to the Waverley Council are for four luxury apartments above a retail premises at 56 Campbell Parade.

Exclusive first look: F45 co-founder's Bondi Beach apartment plans revealed

The Foundry is Coronation Property's fourth and final addition to the award-winning Paper Mill Precinct located in Liverpool, southwest of Sydney. The Foundry offers buyers affordable riverfront luxury living, plus construction is complete and apartments are now ready to move into.

Take a look at our recent display suite tour where we explore a one-bedroom apartment and the stunning on-site amenities.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/eld6epMxa3s" title="YouTube video player" width="660"></iframe>

<h2 style="line-height: 1.38; text-align: justify;">THE FOUNDRY AT A GLANCE</h2>

Address:&nbsp;32-34 Shepherd Street, Liverpool 
Developer:&nbsp;<a aria-label="www.urban.com.au" data-uw-rm-brl="false" data-uw-rm-empty-ctrl="" href="/developers/coronation-property">Coronation Property</a> 
Architect:&nbsp;<a data-uw-rm-brl="false" href="/architects/sjb-architects">SJB Architects</a>

[smartcode_project_cta:default project_id=5847]

The Foundry was built and developed by Coronation Property, a privately owned and operated Sydney developer, that has a sound track record for delivering high-spec homes, optimising space, natural light, views, and an abundance of amenities while keeping costs competitive.&nbsp;

At The Foundry, you'll be able to move in straight away and access the exceptional amenities the Paper Mill Precinct has to offer – including the riverwalk along Georges River which is set to open at the end of the year.&nbsp;

On-site, you'll be welcomed home to the grand open-void garden atrium and can keep fit at the state-of-the-art techno-gym. There's also a 1,200 square metre rooftop garden boasting 360 views all the way to Sydney CBDs skyline, and an infinity pool overlooking the picturesque river below.

[smartcode_project:default project_id=5847 project_image_fid=34774]

Architecturally designed by the internationally acclaimed architects at SJB, each apartment features a considered material palette and a well-thought-out layout. With a choice of a light or dark colour scheme, each apartment also offers double-sized bedrooms with spacious built-in wardrobes and storage, internal laundry and an entertainer's balcony. In the kitchen, you've got quality DeLonghi appliances and an extra generous island breakfast bar.

The homes have been designed with plenty of operable windows to create an abundance of natural light, capture the surrounding views and create excellent airflow throughout the apartments.

[smartcode_project:default project_id=5847 project_image_fid=200498]

In addition to the apartment's thoughtful design, a bonus media room has been included and comes with the flexibility to be turned into a home office, playroom, media room or nursery.&nbsp;

When you take into account the apartment's functionality, luxury fixtures and inclusions, plus the secure underground parking and resort-style amenities, these standout apartments' price point is definitely competitive for the area.

Living at The Paper Mill Precinct means you have what has been voted one of Sydney’s best dining precincts, The Paper Mill Food, on your doorstep. The food and beverage venue is located within the precinct and boasts four unique eateries.

With Sydney CBD only 29kms away, and Paramatta a stone's throw away, this convenient and central location leaves you close to everything.&nbsp;

[smartcode_project:default project_id=5847 project_image_fid=200459]

This is the final release of homes on the market at Coronation Property’s multi-award-winning The Paper Mill Precinct. Don't delay; enquire about The Foundry via Urban today.

Olivia Round

Display Tour Video: The Foundry by Coronation Property at 32-34 Shepherd Street, Liverpool

There’s nothing quite like looking down from the top floors of a building to the surrounding vistas.

Despite a slowing market, it’s still been a landmark year for Sydney penthouse sales.&nbsp;

A collection of penthouses has recently been released in AURA by Aqualand, with four sub-penthouses already sold.&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=202986]

The most recent was purchased by a downsizer from Northbridge, who snapped up the four-bedroom residence for $7.25 million.&nbsp;

The owner plans to downsize from a larger family home and was attracted to the convenience and amenity of North Sydney, along with the area’s unique new CBD masterplan, along with some key trends which universally appeal to penthouse purchasers.

The interiors at Aura have been designed by Kirsten Stanisich of Richards Stansich, with the designer highlighting the top six penthouse features and trends that continue to tick the box for capital growth prospects.&nbsp;

“Glorious views are first on the list. In Sydney, that means harbour, bridge, or Opera House views and choosing a penthouse with any of these is paramount to maintain value over time,” Stanisich said.&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=202994]&nbsp;

Location is always vital, says CBRE’s Ben Stewart.

“Penthouses close to the CBD and within walking distance to lifestyle amenities like great cafés, bars, fine dining, and parks are high on the list for penthouse buyers right now,” he said.

While a property’s location is vital for retaining value for any purchase, buying a penthouse is as much about prestige.&nbsp;

Iconic architecture that stands out against the city skyline combined with timeless interiors created by sought-after architects and designers will win out over less salubrious developments when it comes to steady capital growth prospects.&nbsp;

“Overall, our clients are looking for beautiful high-quality interiors, an elegant materials palette and a sense of permanence,” explained Stanisich.&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=202655]

The layout and planning of penthouse spaces are also essential, says Stanisich.&nbsp;

“Living and sleeping areas should be separately zoned, and there should always be a sense of arrival at the entry as a transition from the building’s common areas to the privacy and intimacy of the penthouse.”

“We carefully consider connections between living, dining and kitchen areas and include amenities like a back kitchen or scullery to minimise cooking smells and visual sight lines of daily clutter,” she said.&nbsp;

Generous shower sizes, huge guest powder rooms, high-quality appliances using the latest technologies, with steam ovens and warming drawers, generous pantries and a separate bar or wine cellar with temperature-controlled wine storage are high on Stanisich’s design list.

“Penthouses with private pools are right on trend at the moment also. High-net-worth buyers want expansive spaces to entertain outdoors, so large, luxuriously appointed terraces and private rooftop gardens will appeal in any market,” she said.&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=203001]

Many architects specify penthouse finishes one would typically find in a stand-alone family home, like statement fireplaces and sculptural island benches.&nbsp;

These add to the sense you’ve arrived somewhere truly extraordinary, says Stanisich.

“Often downsizers moving from larger homes are looking for the ease of apartment living without compromising on size,” she said.&nbsp;

Bedrooms and bathrooms should create a feeling of welcome retreat from the work-a-day world outside.&nbsp;

“Main bedrooms should be generous and open to views and abundant natural light. Robes and ensuites should feel spacious and well connected, while each bathroom feature should create individual moments for restfulness, thought or relaxation. I think using natural materials is also important for their beauty and ultimate longevity.”

[smartcode_project:default project_id=30959 project_image_fid=202989]

Ample parking is another must, says Stanisich.&nbsp;

“It may sound pedestrian, but a great lifestyle location often means parking is at a premium.”

"A penthouse must have multiple, spacious, secure and convenient parking for multiple cars, and if it includes a private lift from the carpark to the penthouse, all the better.”

There’s no denying that penthouse apartments are a different kind of real estate. And those lucky to have the resources to buy penthouses have a very different mindset from other property buyers.&nbsp;

At the lofty end of the market, buyers seek the ultimate expression of lifestyle, luxury and prestige rather than simply a place to live or purely a return on investment.

[smartcode_project_cta:default project_id=30959]

A collection of penthouses has recently been released in AURA by Aqualand, with four sub-penthouses already sold. 

What penthouse buyers are looking for in today’s market; a look into AURA by Aqualand’s penthouse collection 

Sydney’s popular eastern suburbs beachside spot Maroubra is set to welcome a rare new apartment development on its beachfront strip.&nbsp; 
&nbsp;

Leading personal injury lawyer Gerard Malouf and his wife Dana has lodged plans for a boutique development at 116-118 Marine Parade.

MHNDU has designed the four-level building which will home just 10 apartments.

The residences will sit atop a stone clad basement level, which has been designed to appear as a landscaped podium.&nbsp;

The project will deliver a mix of apartment types; two one-bedroom, two two-bedroom, and six three-bedroom apartments, with three apartments to be dedicated to affordable housing.&nbsp;

The site is located in an area that is currently underdeveloped, but is zoned for higher density residential buildings in the future, with the desired future character of Marine Parade evident in the more recently constructed buildings further to the south of the site.&nbsp;

The combination of contemporary materials, colour palette and landscaping will provide a well-designed and high quality finish to the public domain and surrounding development, setting a precedent for contemporary development in the area.

The ground floor level will comprise two three-bedroom residences, each containing an open plan living, dining and kitchen area, a powder room, a laundry, three ensuites, a walk-in-robe and outdoor private open space wrapping around the apartment.

The first floor will include two one-bedroom units, again with an open-plan design, a bathroom, a laundry and private open space. The floor also has two two-bedroom apartments, each with a bathroom, a laundry, an ensuite and a walk-in-robe.

On the second floor, two three-bedroom ensuited apartments will be included, each with a powder room, a laundry and a walk-in-robe, with the third floor set to home the additional two three-bedroom apartments, each with ensuites, powder room, a laundry and a walk-in-robe.&nbsp;

All of the apartments will adjoin to private open spaces, in the form of balconies or courtyards, and while no communal open space has been proposed, the site benefits from its location near to Maroubra Beach, and a reserve directly across the road, which provides additional public recreation space.&nbsp;

The development will also include a total of 483 sqm of landscaped greenery at the front, rear and sides of the site, with the designs handled by Wyer &amp; Co. Landscape Design.&nbsp;

Maroubra set for rare new luxury apartment development

A new breed of purchasers are taking luxury living to the next level, refusing to compromise on space by joining off-the-plan apartments together to create their “lock and leave” dream homes.

Apartment amalgamation is becoming an increasing trend among buyers, with house size apartments with unobstructed city views on their wish lists.

[smartcode_project:default project_id=110379 project_image_fid=205516]

End-to-end developers, Hyecorp, have become somewhat specialists in the amalgamation scene, having delivered a number of combined apartments over their time, with the group handling the architecture, construction and design of each of their projects.&nbsp;

“This holistic approach gives us visibility of the entire process and accountability for the high standard of quality we expect of ourselves and our collaborators. The result is one of excellence ensuring a building perfectly suited to the postcode it calls home,” Hyecorp say.&nbsp;

Most recently, the group smashed out the St Leonards apartment price median, with Head of Sales, George Benlian handling the transaction of an amalgamated apartment for $5.05 million.&nbsp;

The combined apartment now encompasses 192 sqm, complete with three-bedrooms, two living rooms, a study, two and half-bathrooms and three balconies.

<img alt="Audrey floorplan" data-entity-type="file" data-entity-uuid="8b5adc37-4040-4810-9a9c-af0f252b6f40" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Hyecorp_Audrey_AmalgamationofApartments_Before%26After1_Screenshot.JPG?VersionId=0H2c3ShXXA74tVw9J.poWq102GONUniC" /> 
Image: Floorplan before vs. after the amalgamation. Credit: Hyecorp

The buyers are local to the area, with their family having already bought in Audrey in June.&nbsp;

“The idea came from the buyers looking for an additional residence, needing around 200 sqm of space, and finding an apartment with a floorplan to suit their need is something nearly impossible to find,” Benlian said.&nbsp;

Hyecorp ​​attributes the record outcome to a growing sector of discerning buyers seeking space and quality.

The group has made a habit of working with clients to design apartments that suit their specific needs, having combined apartments in previous projects as well.&nbsp;

[smartcode_project:default project_id=110379 project_image_fid=198678]

“In Eva Lane Cove at 2 Waterview Drive, which was completed in 2019, we amalgamated three apartments into one massive penthouse sold at $3,150,000 - which still remains the highest achieved price for an apartment in Lane Cove.”

“Also in the same project we amalgamated two apartments into a large three-bedroom home, also on the top floor.“&nbsp;

One, two and three-bedroom apartments are still remaining in the lower north shore project, with prices starting from $850,000.

[smartcode_project_cta:default project_id=110379]

Hyecorp knock over $5.05 million   St Leonards apartment sale in Audrey

Construction has commenced on a six star luxury development on the Central Coast.&nbsp;

The $250 million master planned estate, Rumbalara Residences, is the work of Australian private investment group Alceon, in collaboration with builders Deicorp and architects Marchese Partners.&nbsp;

<img alt="Render looking out over Gosford" data-entity-type="file" data-entity-uuid="4dea4b9a-e1f7-4c4f-ade6-a8e6d2d7fd16" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/RUM_S18_Blk%20A_PH%20401%20Terrace_5K.jpg?VersionId=z65d3PPs3tRIk.JpJV1o7i_77vkst16z" />

Situated on the highest point of Gosford, offering views stretching over Brisbane Waters, the Marchese-designed residences offer varying one, two and three-bedroom floor plans with 188 apartments set to be spread out across the four buildings.&nbsp;

Ranging in size from 27 sqm to 62 sqm, buyers have the option to select between treehouses or townhouse, with inclusions such as fireplaces and Sub Zero Wolf appliances.&nbsp;

The 2.2-hectare resort-style estate has already been inundated with interest from Sydney buyers including downsizers and first home buyers, with Alceon’s Development Director, Todd Campling saying the initial launch period received more than 1200 enquiries in just a few weeks.

“There’s not many other opportunities where you can secure a home starting at $580,000 with access to such an enormous amount of world class amenities,” he added.

<img alt="Render inside one of the apartments at Rumbalara Residences" data-entity-type="file" data-entity-uuid="ba9767c0-2087-45b9-ac36-d272baa2a14d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/RUM_S20_INT_BLK%20A%20306_Living_5k.jpg?VersionId=aZ_GrLxmgsmFqZ9sDUrt02PvsjrCtcjC" />

Leading construction experts, Deicorp have been appointed to build the project, with the group the first in New South Wales to achieve the coveted iCART rating for trustworthiness under the NSW Building Commission’s reforms.

A figure eight pool takes pride of place in the centre of more than 4,000 sqm of manicured resort-like grounds while residents also have access to a 1,000 sqm Club House, which is home to a suite of amenities including an on-site concierge, private cinema, dining room, gym, day spa, work from home hot desk space and virtual golf simulator.

“The quality of the build signals a new era for development on the Central Coast and it’s no surprise that the majority of interest is coming from Sydney at the moment - mainly from home owners on the North Shore, Northern Beaches, Hills Shire, Inner West and Sutherland Shire looking to downsize,” Campling said.&nbsp;

And with the launch of stage one achieving such success, the group has brought on stage two earlier than expected to meet the demand.&nbsp;

<img alt="Render of the pool area at Rumbalara Residences" data-entity-type="file" data-entity-uuid="508f512e-6935-4738-86f5-c2a0ab092dd2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/RUM_S07_EXT_Pool_5k.jpg?VersionId=fRlmv3gOBRMb5tJrPi7kkP3DKbHLoKNT" />

“We’re finding that people are willing to pay a premium price and act with urgency due to the unique one-of-a-kind style and design of the project,” Campling said.&nbsp;

“Ninety percent of our buyers are owner occupiers and they’re buying in for the lifestyle the development offers,” he added.&nbsp;

Completion on the first stage of the project, including the pool and Club House is slated for completion for 2024.&nbsp;

[smartcode_project_cta:default project_id=112931]

Ranging in size from 27 sqm to 62 sqm, buyers have the option to select between treehouses or townhouse, with inclusions such as fireplaces and Sub Zero Wolf appliances. 

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