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.

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<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 long-awaited rejuvenation of the Club Bondi Junction RSL is officially underway following a formal ground-breaking, signalling the start of construction on the back of a successful project sell out.

The 80-apartment development by Australian development business, Capital Corporation, was launched in October 2020, selling 30 per cent of apartments in the first week on the market, with the final apartment sold just prior to the start of the construction phase.&nbsp;

The apartments have been designed by Group GSA, while the interiors are by renowned architects, Koichi Takada.

With a focus on form and function, each home has been designed to celebrate both the city and the sea, with each apartment following an open-plan design, adjoining onto spacious balconies offering views across Bondi and Botany Bay.

Capital Corporation Director, Jim Hunter said the strong sales in 2021 triggered the early construction start, with the flow of buyers following on from there.

&ldquo;Our last sale recently finalised, and the construction program has officially begun, signifying to the community that the project is full steam ahead,&rdquo; he said.

&ldquo;This is such an exciting project that provides both a longstanding future for the Club, modern living facilities and terrific benefits for the community,&rdquo; Hunter added.

Bond is set to revitalise the precinct streets into a buzzing community hub, with the reinvention and modernisation of Club Bondi Junction RSL also planned, which will sit beneath the apartments.

Part of the area&rsquo;s regeneration includes opening the street frontage on the corner of Gray Street and Bronte Road into a welcoming and dynamic location, with an array of cafes and dining options.

Capital Corporation worked closely with Group GSA, to renew and restore aspects of the Club&rsquo;s heritage, while also creating a contemporary facade.

Bondi Junction RSL Club President, Bill Harrigan said they&rsquo;re looking forward to the transformation, attracting all members of the community.

&ldquo;I am excited about the creation of a different type of club, one that attracts not only veterans and their families but all of the community.&rdquo;

With the inclusion of the function spaces and the new restaurant, we expect the club to be a central spot for social connection,&rdquo;&nbsp;Harrigan said. &nbsp;

The 10-level residential project will be crowned by a landscaped rooftop area, created by Urbis, complete with an outdoor cinema, barbecue areas and a yoga lawn.&nbsp;

National Director at Colliers Residential, Blake Schulze, said the project had attracted buyers from the Eastern Suburbs, many of whom purchased multiple apartments, with one as their main residence and the second as either an investment or for another family member or adult child.

&ldquo;We experienced significant demand for Bond from local families and returning Australian expats,&rdquo; he said.

&ldquo;This demand resulted in strong sales, even during our most significant lockdown period of 2021.&rdquo;

After partnering on two successful projects, Veridian in Kogarah and Esplanade in Norwest, Capital Corporation appointed Westbourne Constructions as the builder in December 2021 with construction now officially underway.

[smartcode_project_cta: project_id=31636]

With a focus on form and function, each home has been designed to celebrate both the city and the sea, with each apartment following an open-plan design, adjoining onto spacious balconies offering views across Bondi and Botany Bay.



Bondi Junction RSL Club build kicks off just as project completely sells out

Buildview Corp&rsquo;s recently completed Wolli Creek project, Belle Vue, gives its residents easy access to the South Sydney suburbs, while being just 10 kilometres from the Sydney CBD.

Residents also have convenient access to Sydney Airport, without the problematic plane noise, as Wolli Creek sits away from the designated flight paths.

[smartcode_project:default project_id=6821 project_image_fid=195113]

Belle Vue was designed by local architecture firm BKA, with each residence featuring timber flooring, glazed windows, 2.7-metre-high ceilings, as well as SMEG appliances as standard.

Buildview Corp&nbsp;suggest the marbled honed stone benchtops have been a favourite feature amongst buyers so far, with the aspect elevating the apartments.

A majority of the homes include study nook space, along with wintergardens, with louvred windows.

[smartcode_project:default project_id=6821 project_image_fid=195112]

Two communal gardens feature across the project, complete with barbecue facilities, seating areas and a landscaped grass area.

Sitting within easy reach of the piazza style, Village Square, residents will be among an array of eateries and shopping options.

[smartcode_project:default project_id=6821 project_image_fid=195117]

Connection to surrounding suburbs and the nearby CBD are also made easy, with the Wolli Creek train station just down the road.

A select number of apartments can still be snapped up in Belle Vue, including a one-bedder, a range of two-bedroom options, and a three-bedroom apartment, with two-bathrooms as well as two car spaces.

[smartcode_project_cta: project_id=6821]

Residents have convenient access to Sydney Airport, without the problematic plane noise, as Wolli Creek sits away from the designated flight paths


A look into the Wolli Creek apartment project, Belle Vue

Recently we visited Sydney to check out Hyecorp's New York-inspired boutique apartment development, Audrey. If you're after 5-star resort facilities and a home you can customise, then this one's for you.&nbsp;

Take a look at our video&nbsp;tour:

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<h2>AUDREY AT A GLANCE</h2>

Address:&nbsp;13-19 Canberra Avenue, St Leonards, NSW 
Developer: Hyecorp 
Architect: SJB Architects

[smartcode_project_cta: project_id=110379]

The display suite is in Willoughby, however, the development will be constructed on a fantastic park-facing site at 13-19 Canberra Avenue in St Leonards. You'll be living just 750 metres from the Royal North Shore Hospital, a five-minute walk to St Leonards train station, plus plenty of popular cafes and highly regarded education facilities. St Leonards has also received significant infrastructure investment, with a new $1.6 billion shopping complex, 88 Mall and a brand new open-air civic plaza. One of the best things about living right next door to Newlands Park is that your view won't be built out.

[smartcode_project:default project_id=110379 project_image_fid=192150]

Architecturally designed by award-winning SJB Architects, there will be 84 apartments across 12 levels, with a full suite of luxury amenities. You'll enjoy the use of an indoor pool&nbsp;and spa, a music room and cinema, a private dining room, a personal training studio and a rooftop with barbeque facilities. The development will also include a ground-floor cafe, on-site daycare, and neighbouring community centre.&nbsp;

[smartcode_project:default project_id=110379 project_image_fid=198680]

As you can see from the layout in the display, the floorplans for the apartments are wide rather than narrow, making it easier to customise the space with furniture, and it's great for light and airflow.&nbsp;Hyecorp also&nbsp;gives buyers the flexibility to request bespoke modifications to their home – which we don't often see with off-the-plan developments.&nbsp;

For example, if you wanted a wall-mounted TV, they could provide strengthening provisions in the living area, or if you wanted to paint your kitchen walls blue – that's absolutely doable thanks to the company's 'Live your way' service. You'll also have the option of installing a full home automation system too.&nbsp;

[smartcode_project:default project_id=110379 project_image_fid=192151]

The Audrey kitchens feature high spec finishes in every apartment, with a fully integrated dishwasher and fridge, Miele appliances, a gas cooktop and a 60mm engineered stone benchtop.

The bathrooms have been designed with a luxury hotel feel and are constructed to a superior standard as you can tell from the elegant frameless shower glass, the full wall and floor feature tiling, and the floating stone vanity. It's the little details that show the thought and detail that's gone into the design of these homes.&nbsp;

[smartcode_project:default project_id=110379 project_image_fid=192156]

The layout of each apartment allows for a 3 by 2.8-metre study or multipurpose room, responding to the increasing desire to work from home. For this reason, there's no shortage of extra storage, with built-in joinery - and the ability to add extra powerpoints to set up your home office to your liking.&nbsp;

Hyecorp has been delivering homes in the Lower North Shore for the past 25 years, with Audrey set to be completed by May 2024. To learn more about the apartments available for sale, then enquire today via Urban.

Olivia Round

Display Tour Video: Audrey by Hyecorp Property Group at 13-19 Canberra Avenue, St Leonards

After keen interest leading up to the official launch of The Gladstone Village in Merrylands, 32 units at ALAND&rsquo;s new $800 million development were sold.

Over 150 units have now been snapped up after the Stage One sales event for the 2.5- hectare master-planned precinct, including 116 which had sold prior to the three-day event.

[smartcode_project:default project_id=7642 project_image_fid=197120]

As one of the last remaining pockets along Sydney&rsquo;s rail network to be developed, The Gladstone Village will include 365-apartments across three buildings - up to 20 storeys in height - with construction already underway.

ALAND CEO George Tadrosse said the success of the launch weekend is evidence that demand is still outstripping supply for quality apartments given the unprecedented pandemic-related roadblocks currently plaguing the construction industry.

&ldquo;There is a tremendous amount of pent-up pressure in the Sydney apartment market and due to planning delays, as well as material and labour shortages, there are not enough new apartments coming onto the market to meet demand,&rdquo; he said.

&ldquo;Fortunately, ALAND is well-placed to deliver the much-needed stock for Western Sydney in the timeframe buyers are wanting it. Construction has begun on The Gladstone Village with delivery expected in the second half of 2023.&rdquo;

[smartcode_project:default project_id=7642 project_image_fid=197118]

Tadrosse added that the timely release of The Gladstone Village is good news for house hunters whether they&rsquo;re seeking to buy their first home, upgrade, or invest.

&ldquo;ALAND&rsquo;s units have a solid track-record for success with a 0.5 per cent vacancy rate. There is a 4.9 per cent average yield for our apartments compared with Sydney&rsquo;s average yield of 4.1 per cent. These impressive yields, combined with data showing Sydney apartment rents are rising, means it&rsquo;s the ideal time to secure new property.&rdquo;

By March 2022, ALAND estimated the expected rental return for a two-bedroom apartment at The Gladstone Village would be $520 a week, versus the Merrylands average of $460 a week and greater Sydney&rsquo;s $495 a week.

The Gladstone Village is appealing to a large cross section of purchasers due to its diverse stock offering and range of price points. Of the 365 apartments available in Stage One, there are studios starting at $466,500, one-bedrooms priced from $544,000, two-bedrooms beginning at $599,000, and three-bedrooms from $819,000.

[smartcode_project:default project_id=7642 project_image_fid=197136]

Unparalleled in Merrylands, The Gladstone Village has been designed featuring state-of-the-art finishes, spacious layouts, floor-to-ceiling windows, bespoke porcelain floors, stone bench-tops, Fisher &amp; Paykel appliances, Grohe metal tap-ware and elegant fittings.

The resort-style amenities include a rooftop pool, communal barbecue facilities and vast landscaped open areas for residents, while the site will also contain approximately 2400 sqm of retail and commercial space as well as four-levels of basement parking.

The remaining stages of The Gladstone Village are yet to undergo planning with current controls allowing for a mix of retail, residential and commercial surrounding 5000 sqm of internal parkland and another 6000 sqm of open space.

Positioned within footsteps of Merrylands train station and Stockland Merrylands, The Gladstone Village is also just a short distance to the Parramatta CBD and within a short distance of Sydney&rsquo;s city centre.

[smartcode_project_cta: project_id=7642]

ALAND's, The Gladstone Village in Merrylands entices buyers with unparalleled offerings.


High demand for ALAND’s new vertical village in Western Sydney, The Gladstone Village

Nature and gardens are the focal point at Castle Island, the new Castle Hill apartment development by KWG Property.

Set in the developing Showground Precinct, Castle Island will bring seven buildings to the burgeoning area, with 295 apartments designed by&nbsp;local architectural firm, Giles Tribe, along with two international architects, Hong Kong’s ARVA Architects and DLN Architects.&nbsp;

The communal spaces within Castle Island have been designed&nbsp;by Glyph Studio, with a large garden central to the project, along with&nbsp;three elevated sky gardens.

[smartcode_project:default project_id=112005 project_image_fid=191246]

Castle Island residents will also benefit from further amenity ,with a&nbsp;clubhouse, gym, lobby, library, co-working space, private lounging nooks, yoga zones, games and play areas, and a rooftop dining area all proposed for the $300 million development.&nbsp;

“The fine details in its architecture, landscaping and incredible onsite amenities reinforce the sense of place and the identity of ‘Castle Island’ as prized residential community,” said Giles Tribe Architects Director,&nbsp;Danny Yeung.&nbsp;

Castle Island stitches together architecture and landscapes to capture the natural spirit of the suburb.

[smartcode_project:default project_id=112005 project_image_fid=191254]

The north-facing central garden acts as an extension of the living spaces, drawing in natural light whilst also providing cool respite in the summer.

The three elevated sky gardens have all been designed with their own personality, sitting above the ground-plane, furnished with barbecues, intimate seating nooks, a yoga lawn and twilight outdoor cinema.

Well connected to the rest of Sydney by the&nbsp;new Sydney Metro Station, Castle Island delivers one, two and three-bedroom apartments to the Hills Shire, with&nbsp;full-height glazed facades designed to offer extensive views and connection to the surrounding nature.

[smartcode_project:default project_id=112005 project_image_fid=191259]

“Castle Hill Showground will become a vibrant and well-connected neighbourhood with the opening of the Sydney Metro,” Yeung commented.

The one and two-bedroom apartments are being pitched at owner-occupiers and investors, while the premium 135 sqm, three-bedroom apartments are expected to generate interest from families, downsizers, and rightsizers.

Construction commencement is proposed for the end of the year, with stage one set to be complete by the second quarter of 2024.

[smartcode_project_cta: project_id=112005]

Castle Island stitches together architecture and landscapes to capture the natural spirit of the suburb

A nature zone in Castle Hill: Gardens the focal point at Castle Island

Sydney developer Coronation Property is continuing to bulk up its residential apartment pipeline.

Following its $200 million Chatswood apartment site purchase, the developer has secured a 50,000 sqm site as part of the future stages of the Park Sydney project, currently being developed by Greenland Golden Horse.

Coronation will bring over 1,000 apartments to the sites at 56 Ashmore Street and 165-175 Mitchell Road in Erskineville, with&nbsp;a mix of build-to-rent and build-to-sell apartments, as well as 5,000 sqm of retail.

The site is one of the last and largest unencumbered freehold parcels of land in the City of Sydney, and is located just four kilometres from the Sydney CBD.

Coronation intends to progress site plans with the City of Sydney imminently which will include&nbsp;a supermarket, as well as a highly curated selection of specialty boutique stores, caf&eacute;s, restaurants, green spaces, and pedestrian pathways.

Having recently purchased a mixed-use residential site in Chatswood, the acquisition of Erskineville further solidifies Coronation&rsquo;s robust development pipeline and strategic focus to increase its residential footprint within a 10km radius of Sydney&rsquo;s CBD.

Coronation Project Managing Director Joseph Nahas said&nbsp;the acquisition of the Erskineville site aligns with Coronation&rsquo;s strategy to secure well-located sites in established and high-performing markets.

&ldquo;As a company, we are dedicated to transformative placemaking and delivering aspirational developments that serve both residents and the wider community through elevated design and well curated spaces. We look forward to bringing a fresh perspective and our innovative take on urban renewal to Erskineville,&rdquo;&nbsp;Nahas said.

&ldquo;We are excited to add to the existing fabric of this vibrant and leafy village. We believe strongly in the power of landscape as a neighbourhood connecter, and we intend to embrace and incorporate the areas&rsquo; natural surrounds into the development.

&ldquo;The former industrial site is in an incredible location on the fringe of the rapidly transforming precincts of Alexandria and Waterloo, and is also close to Sydney Park, which is one of the city&rsquo;s most loved green spaces.

&quot;We expect that our focus on delivering quality design, and premium amenity at Erskineville, along with its prime location, proximity to Sydney CBD, parks and other key infrastructure, will elevate the living experience of our residents.&rdquo;

The site is one of the last and largest unencumbered freehold parcels of land in the City of Sydney, and is located just four kilometres from the Sydney CBD

Coronation Property plan over 1,000 apartments at newly acquired Park Sydney, Erskineville site

Experienced Brisbane developers DeMartini Fletcher and Holm Developments have received the green light to proceed with a $76 million apartment development at Casuarina Beach, tapping into an acute shortage of residences in the exclusive coastal precinct.

Coined, Pama Casuarina, the project will deliver 47 apartments across four levels, designed to coexist with its surrounding context, capturing the essence of the laid-back coastal lifestyle that has made Casuarina Beach so popular.

[smartcode_project:default project_id=112236 project_image_fid=202265]

Landing within one of the most sought-after coastal villages on the Tweed Coast at 5 Grand Parade, Pama Casuarina will sit just a short walk to the beach and local cafes, comprising a collection of two, three and four-bedroom apartments.

Designed by acclaimed architect and Casuarina local Danny Juric of Plus Architecture, the residences have been crafted to offer spacious interiors that capture a variety of coastal aspects.

Open-plan designs and large wrap-around balconies in corner apartments take advantage of coastal views along with embracing alfresco living areas, while each three and four-bedroom design, as well as some two-bedroom residences boast a multi-purpose room, creating an even further extension of the living area.

[smartcode_project:default project_id=112236 project_image_fid=202261]

DeMartini Fletcher’s Managing Director, John DeMartini said locals had been quick to secure apartments at Pama, accounting for over 70 per cent of the sales to date, following a low-key local marketing campaign.

“We’re pleased to have received such a strong response from the local market,” said DeMartini.

“With supply of new apartments at record lows, Pama is set to deliver a welcome supply of new apartments to meet continued demand for quality residences in the area,” he added.

Pama has been designed for the owner-occupier market, enhanced by a range of exclusive resident amenities including a resort-style pool with a wet deck and relaxing cabana area, barbecues facilities, with a kitchen and bar area, outdoor showers and exclusive use of vintage bicycles.

[smartcode_project:default project_id=112236 project_image_fid=202261]

“Pama will allow residents to take full advantage of its prime location at Casuarina Beach surrounded by so much natural beauty,” said Godfrey Esmonde, Director of Holm Developments.

“Community is at the heart of Pama, where residents can enjoy long walks on the beach, a short stroll to the local cafés and shops or a bike ride through the Casuarina Beach village.

“While we have designed a collection of supremely private residences, Pama also embraces a connection to community and a sense of belonging that Casuarina locals appreciate.” DeMartini Fletcher and Holm Developments have separately completed a significant portfolio of residential developments located on prime sites between the Tweed and the Sunshine Coast’s.

CBRE Residential Projects are handling the sales of Pama, with Senior Director, Nick Clydsdale saying the project had been very well received by the market, as the development taps into what makes Casuarina such a special place.&nbsp;

[smartcode_project:default project_id=112236 project_image_fid=202265]

“Pama comes to the market at a critical time for Casuarina with a record low residential supply continuing to drive interest in this sought-after lifestyle region. Local buyers have recognised the value proposition quite early, and we’re now looking forward to bringing this exceptional project to the broader market.”

Construction is expected to commence on Pama Casuarina in the fourth quarter of this year.

[smartcode_project_cta: project_id=112236]

Landing within one of the most sought-after coastal villages on the Tweed Coast at 5 Grand Parade, Pama Casuarina will sit just a short walk to the beach and local cafes, comprising a collection of two, three and four-bedroom apartments.

$76 million Pama Casuarina Beach gets green light amid tight supply in popular coastal precinct 

Poised to bring the next generation into the property market, heavyweight property developer Third.i has received the green light from the City of Newcastle council to bring its latest offering to reality, the Dairy Farmers Towers project in the heart of Newcastle&rsquo;s West End.

The project burst onto the market just a few months ago, drawing buyer attention before the project had even launched.

[smartcode_project:default project_id=109979 project_image_fid=187054]

The Dairy Farmers project is set to deliver 184 one, two and three-bedroom apartments over two towers, topping a five-storey residents&rsquo; only shared work hub with over 1600 sqm of commercial and retail space.

Third.i is also one of the largest providers of Specialist Disability Accommodation apartments along the East Coast of Australia, partnering with numerous Specials Independent Living Advisors to provide suitable accommodation in their large scale developments, including Dairy Farmers Towers, which will deliver eight SDA apartments.

With development approval under its wing, Third.i will commence construction in the third quarter of this year with expected completion for the back end of 2024.

The project will offer an exclusive deposit scheme, a first for Newcastle, in collaboration with CoPosit, which will see a fee-free app-based service allowing buyers to purchase a property with just $10,000 in savings, with the remainder of the deposit paid over weekly instalments.

[smartcode_project:default project_id=109979 project_image_fid=187062]

Third.i Co-Founder and Director, Luke Berry, says the DA approval paves the way for Third.i to fulfil a dream to help people enter and re-enter the property market with overwhelming local support from hungry buyers.

&ldquo;We are thrilled to receive our development approval from the council for Dairy Farmers Towers, a project that is providing achievable deposit schemes for those looking to secure their slice of the real estate market,&rdquo; said Berry.

&ldquo;The West End is quickly becoming Newcastle&#39;s beckoning lifestyle hub, complete with an eclectic mix of urban flair and character. Dairy Farmers Towers joins our stable of West End projects and has already become a legacy project for everyone to enjoy. When you&rsquo;ve also got the CoPosit initiative to help Australians purchase their first homes, I couldn&rsquo;t be prouder of the calibre that will soon be brought to life with this DA approval,&rdquo; he added.

Berry also noted how using the scheme could save buyers money in the long run as well as securing a new build property now, rather than buying one after competition at a higher price, which sees a lot of buyers traditionally priced out of the market.

[smartcode_project:default project_id=109979 project_image_fid=187064]

Dairy Farmers Towers is set to include a deluxe range of exclusive amenities featuring co-working spaces, cabana pool areas with a lap pool, a wine bar and cellar, a state-of-the-art gym and a Pilates studio, as well as multiple function rooms.

A young buyer who purchased through the CoPosit scheme said that if not for the scheme offered at the project, it would&rsquo;ve taken them an additional two years to save for a normal deposit.

&ldquo;What drew me to Dairy Farmers Towers was the bespoke amenities on offer and the opportunity to purchase through CoPosit. I have never seen such a great initiative within Newcastle that assists first home buyers get into the market at such a high-quality level of development,&rdquo; said the Dairy Farmers Towers buyer.

&ldquo;The process was really simple and straightforward. I have been really impressed so far with the service and how many people there are to assist with any of my questions. I think more people should consider purchasing with CoPosit because of how easy and rewarding it has been being able to actually put my name on my dream apartment without having to wait another two-years to save my deposit.&rdquo;

[smartcode_project:default project_id=109979 project_image_fid=187069]

The green-lit Newcastle West site was once home to Dairy Farmers - one of Australia&rsquo;s largest dairy producers.

In a nod to the history of the site, Third.i has reimagined the heritage-listed, iconic milk bottle and clock towers as part of the project through a pedestrianised, broader public art installation.

&ldquo;Residents will have some of the best views in town, as well as access to the harbour, great dining and entertainment options, and the transport interchange at their doorstep. We wanted Dairy Farmers Towers to be a West End icon, a landmark reborn to create a new chapter as a great place to live, work and play. With construction commencing later this year, we can&rsquo;t wait to do exactly that,&rdquo; concluded Berry.

[smartcode_project_cta: project_id=109979]

The Dairy Farmers project is set to deliver 184 one, two and three-bedroom apartments over two towers, topping a five-storey residents’ only shared work hub with over 1600 sqm of commercial and retail space.



 Council gives green light for Dairy Farmers Towers, paving the way for Newcastle’s latest apartment development 

Most known for where Chris Hemsworth lives, Byron Bay is set for a rare apartment development which will benefit the part-time investor, part-time holiday maker.

The Sydney developed Podia has launched The Barbotine, a collection of hotel-style apartments which operate in a similar vein to Airbnb, but will be managed more like a hotel when the apartment owner isn't in residence.

Podia had The Calile Hotel, Brisbane designers, Richards &amp; Spence, create the project at 116-118 Jonson Street, next to Mercato on Byron, the most used gateway into town. There will be just 41 apartments on offer across three low-rise levels, anchored by a landscaped central courtyard which will meet a mix of public retail, wellness and dining venues.

There are two, three and four-bedroom hotel-apartments, which offer an alternative to Airbnb ownership. Buyers will be able to own their own hotel residence to use as both a part-time personal Byron retreat and also use as an income stream when not using the property.

<a href="/new-apartments/the-bonobo-by-raes-byron-bay"><img alt="" data-entity-type="" data-entity-uuid="" height="1064" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-07-25_at_9.41.54_am.png" width="1452" /></a>

Podia director Michael Grassi said The Barbotine intentionally redefines the hotel experience and curates an unforgettable destination in Byron Bay that can be enjoyed by everyone.

“The Barbotine is a new concept catering for guests who want the intimacy and home away from home feel of an Airbnb, but with the service of a boutique luxury hotel; and for investors who want the returns of an incredible holiday property but without the hassle of upkeep and security," Grassi said.

The dual key apartments allow apartments to be divided into two completely separate apartments, while also cater for larger groups.

<a href="/new-apartments/the-bonobo-by-raes-byron-bay"><img alt="" data-entity-type="" data-entity-uuid="" height="1098" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-07-25_at_9.41.59_am.png" width="1658" /></a>

The hotel will be managed by Jeremy &amp; Jones, purveyors and operators of independent luxury hotels and deliver a guest experience unlike any other that is expected to make it a premier accommodation choice in a town where hotel-style tourism accommodation is scarce.

Jeremy &amp; Jones Director Jeremy Holmes said this is apartment living delivered through the lens of a hotelier.

"Not only will guests enjoy the kind of luxury personalisation you’d expect of a hotel, but owners visiting for the weekend benefit from a concierge they can instruct from afar to have a surfboard tucked away in their room ready for their arrival,” Holmes said.

<a href="/new-apartments/the-bonobo-by-raes-byron-bay"><img alt="" data-entity-type="" data-entity-uuid="" height="1110" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-07-25_at_9.42.06_am.png" width="1996" /></a>

A communal rooftop crowns the building and features a central swimming pool set amid landscaped surrounds, with private rooftop terraces adding further amenity.

Construction is expected to commence mid-2022, targeting a completion in late 2023.

The Sydney developed Podia has launched The Barbotine, a collection of hotel-style apartments which operate in a similar vein to Airbnb, but will be managed more like a hotel when the apartment owner isn't in residence.



Rare Byron Bay off the plan apartment development an alternative to Airbnb management

The Sydney-based IPM has secured approval&nbsp;for their new Coogee project.

Randwick Council gave the green light to IPM to create a three-level, 20-apartment building at&nbsp;201-207 Carrington Road, halfway between Coogee Beach and Randwick.

The privately owned development and investment group will add to their already impressive portfolio which includes in excess of $2.5 billion worth of real estate projects.&nbsp;

There will be a mix of one, two and three-bedroom apartments in the block across the 2268 sqm site, which currently homes four single dwellings.

Paul Buljevic Design (PBD) designed the building, which will connect to its surrounding context through landscaping and&nbsp;a three-pod approach, allowing for full breaks between buildings, as well as giving relief to the bulk of the built form.&nbsp;

"The interplay of planes and introduction of finer vertical grains to the front facade breaks down the bulk further, along with creating a defined entry point to the building," the design statement read.

Each apartment is orientated toward the north, enhancing cross flow ventilation, solar access, and views.&nbsp;

"The design of the proposal responds to the current market demands, in relation to typologies and living patterns currently established in the local area, with apartments generously sized, following an open-plan layout, that maximises the use of the north-facing layout," the statement noted.

IPM has made themselves at home amongst the affluent suburbs over the years, with a portfolio featuring some of the most sought-after addresses.&nbsp;

Developing in some of Sydney's best beachside pockets, the group has taken up a number of projects from Sydney's east to as far north as Palm Beach.

Their latest is in Mona Vale, in the heart of the Mona Vale Town Centre on the Northern Beaches. They'll be delivering apartments above retail at&nbsp;19 Bungan Street. Their Palm Beach project on Barrenjoey Road will&nbsp;comprise just eight&nbsp;apartments, each with panoramic views across the waters of Pittwater.

The group will also build on a Newport site at&nbsp;11-17 Ocean Avenue which will home "coastal-inspired residences."

The privately owned development and investment group will add to their already impressive portfolio which includes in excess of $2.5 billion worth of real estate projects


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