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?

When buying a new home, you're pretty spoilt for choice in Sydney, but one of the key deciding factors to consider, is location. Belle Vue in Wolli Creek has a unique advantage of being super close to the airport but not within the flight path, meaning you don't get the plane noise; perfect for frequent flyers or residents who regularly have visitors from interstate or interstate abroad. Construction is on track for completion in September 2022, so keep watching, and you could be moving into your new home this year.

Watch our recent display suite tour:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/1gGQHCQcXBw" title="YouTube video player" width="660"></iframe>

<h2>BELLE VUE AT A GLANCE</h2>

Address:&nbsp;3-5 Arncliffe Street, Wolli Creek 
Developer:&nbsp;Buildview Corp 
Architect:&nbsp;BKA Architecture

[smartcode_project_cta: project_id=6821]

Located at 3-5 Arncliffe Street, you're situated within convenient access to Princes Highway, Sydney Airport and minutes from the train station, which will take you to Sydney CBD in just 30 minutes.

The homes are both stylish and practical. Each residence has engineered timber flooring, commercial-grade glazing, quality SMEG appliances and 2.7 metre high ceilings. A favourite feature among buyers has been the luxurious look of the marbled honed stone benchtop, which gives the homes an elevated look. Bathrooms are minimalist in style and feature Caroma fixtures and fittings, with some offering both a bath and separate shower.

[smartcode_project:default project_id=6821 project_image_fid=195114]

The building has been designed with sound insulation between each apartment, and 5mm acoustic underlay, with every apartment including a remote-controlled basement car park&nbsp; – even studios. You've also got a secure video intercom system and individually zoned reverse cycle air conditioning.&nbsp;

Many homes also feature study nooks and a wintergarden with louvred windows – offering the perfect relaxation space to take in the uninterrupted views.

[smartcode_project:default project_id=6821 project_image_fid=195117]

You’ll also have access to two communal courtyards complete with barbeque facilities, seating nooks and landscaped grass areas for relaxation.&nbsp;

There are only 31 residences available, so be in quick to secure your new Belle Vue home today.&nbsp;

urban.com.au

Display Tour Video: Belle Vue by Buildview Corp at 3-5 Arncliffe Street, Wolli Creek, NSW

Grand Reve, Castle Hill&#39;s most&nbsp;distinguishable apartment development, was some seven years in planning for the award-winning developer Kassis Homes and its founder, Sam Kassis.

His reputation locally precedes him. He&#39;s been the top home builder for over three decades in the Hills District area, with homes he&#39;s built over 20 years ago still reselling now for suburb records.

And now&nbsp;he wants to do it all over again in the apartment space. Grand Reve isn&#39;t Sam&#39;s first multi-res project, but the Castle Hill development&nbsp;will set a new benchmark even for what he&#39;s produced previously.

&quot;We want to create a landmark,&quot; Kassis says, working on the project with his business partner&nbsp;Romio Georges.

[smartcode_project:default project_id=94147 project_image_fid=197727]

The goal for Grand Reve, which translates to &quot;dream big&quot; in French, was to bring something completely different to the apartment market, something Kassis has&nbsp;been doing with the houses he&#39;s&nbsp;been creating for years.

One of the biggest points of difference Grand Reve offers is its luxury inclusions. All of the apartments at Grand Reve feature Wolf appliances, with the large two and three-bedroom options also including Sub-Zero refrigeration systems as standard inclusions

Kassis said they sat down with a number of suppliers and they showed them the packages that they offer higher density developments, but something didn&#39;t quite sit right.

&quot;It just didn&#39;t feel right,&quot; Kassis says, adding that the whole goal of Grand Reve was to be different.

&quot;We didn&#39;t want to do the same as what everyone else was doing.&quot;

So Kassis approached&nbsp;the high-end appliance retailer&nbsp;Wolf and Sub-Zero, who he has been using for 30 years in his luxury home building career. The premium appliance selection&nbsp;is usually reserved for more boutique projects in inner-city locations - apartments that carry a hefty price tag to match the calibre of appliance.

[smartcode_project:default project_id=94147 project_image_fid=197728]

&quot;We&#39;re the only development north of the city and surrounds to be using Wolf and Sub-Zero appliances,&quot; Kassis noted, adding that the team at Wolf also said they never fit out developments of this scale, and that &quot;no one under the age of 45 has Wolf appliances.&quot;

The apartments are also fitted with Parisi tapware, brass feature fixtures, and stone kitchen bench tops.

&quot;It&#39;s a high-end finish in every apartment, for an affordable price point,&quot; Kassis adds.

[smartcode_project:default project_id=94147 project_image_fid=197723]

It&#39;s not just the interiors that are striking a chord with buyers.

The development was cleverly designed to allow for apartment amalgamations, which McGrath Projects Associate Director Adam Sparkes says has been popular among those buyers looking for more space.

He is in discussions with a local buyer to amalgamate a number of apartments to create a super-apartment, with&nbsp;over 300 sqm of internal space. That&nbsp;could sell for just under&nbsp;$4 million, which would set the&nbsp;apartment record for the whole of the Hills District, and add another record&nbsp;to Kassis&#39;&nbsp;long line of top prices.

There was an inadvertent helping hand from the local council along the way when it came to the size and scale of the apartments on offer at Grand Reve.

Before the&nbsp;onset of COVID, the local council put a condition in the approval process&nbsp;that around a quarter of the development had to be dedicated to larger two and three-bedroom apartments, which has been a blessing given the demand for bigger space in the home since the pandemic changed the way we live.

[smartcode_project:default project_id=94147 project_image_fid=197732]

&quot;We have so much interest in the larger apartments, which offer sizes not seen in comparable developments in the area,&quot; Sparkes says.

&quot;The way the development has been designed, there&#39;s flexibility for amalgamations throughout the building, not just the penthouse level,&quot; Sparkes added.

&quot;Ultimately it will be budget that dictates whether buyers can amalgamate toward the higher levels of the building or further down. The fact we can offer that amalgamation option throughout the building, all the way to the ground level, is a major plus for all buyers.&quot;

Even without the amalgamation potential, the development offers 37 different floorplan configurations to suit as many buyer needs as possible.

[smartcode_project:default project_id=94147 project_image_fid=197736]

Sparkes says the locals who are visiting the onsite display are well aware of what Sam has produced in the surrounding areas in the housing space.&nbsp;

&quot;There&#39;s been a number of people who have either bought a Kassis-built home before, or are a friend of a friend,&nbsp;and have already seen&nbsp;what the Kassis team&nbsp;has&nbsp;produced previously and know they will deliver something special again.&quot;&nbsp;

Everything Kassis is putting together at Grand Reve gives&nbsp;buyers confidence they&#39;re buying in to something which is timeless, both in its design and its build quality.

Grand Reve offers something completely unique for the burgeoning Hills District suburb.

[smartcode_project_cta: project_id=94147]

The goal for Grand Reve, which translates to "dream big" in French, was to bring something completely different to the apartment market, something Kassis has been doing with the houses he's been creating for years

Kassis Homes "dream big" plans for Castle Hill: Five minutes with Sam Kassis 

The Chatswood CBD skyline is set for a further revamp, with plans for a soaring 90-metre tower lodged by the continually busy Goldfields Group.

Located at 871-877 Pacific Hwy, the $50.6 million project is set to deliver 76 apartments, along with three levels of retail and office space, on a 1,432 sqm site wedged between the North Shore Rail Line and the Pacific Hwy.

Make Architects were selected to lead the design of the project following a competition, with the initial entries lodged back in 2021, before being reworked and refined to what it is today.

The buildings form is massed, with the strategy in place to create a clean, slender tower, according to the architects.

<a href="/new-apartments/the-bryson-of-chatswood-3-wilson-street-chatswood-nsw-2067">To track the project and be alerted when it hits sale, enquire here.</a>

<a href="/new-apartments/the-bryson-of-chatswood-3-wilson-street-chatswood-nsw-2067"><img alt="" data-entity-type="" data-entity-uuid="" height="1044" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-19_at_12.34.45_pm.png" width="780" /></a> 
A render of the proposed development at&nbsp;at 871-877 Pacific Hwy. Credit: Make Architects

“The resulting envelope is a simple elegant mass, split into 4 vertical quadrants. An open level of residential amenity helps create a clear delineation between the commercial podium and the residential tower above,” said Make in their design proposal.

Built with a series of four vertical blade walls, the development intends to maximise both residential and public amenity by the way of outdoor terraces and public open space.

The facades of the bladed walls have been designed to maximise solar amenity, views and ventilation, while also providing shading and privacy.

Residences begin from level four, with the vertical blade walls splitting the floor plate into four quadrants, with each quarter becoming its own apartment.

“This promotes a feeling of individuality and ownership as well as providing visual privacy for each apartment,” Make Architects commented.

Levels 13 to 22 will home the typical mid residences, with this section of the building containing three apartments per floor.

The upper residences land across levels 23 to 25, with two three-bedroom apartments proposed, each with their own corner balcony, as well as a dedicated master-bedroom balcony.

<a href="/new-apartments/the-bryson-of-chatswood-3-wilson-street-chatswood-nsw-2067">To track the project and be alerted when it hits sale, enquire here.</a>

<a href="/new-apartments/the-bryson-of-chatswood-3-wilson-street-chatswood-nsw-2067"><img alt="" data-entity-type="" data-entity-uuid="" height="776" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-23_at_3.00.38_pm.png" width="1296" /></a> 
Podium axonometric. Credit: Make Architects.

Crowning the tower, on level 26 will be the single penthouse apartment, with the quadruple-aspect residence providing 360 degree views out over Chatswood and to the distant Sydney CBD. Following an open plan design internally, the penthouse benefits from a large south facing entertaining terrace and adjoining plant room, as well as two north facing corner terraces.

There will be 11 one-bedroom apartments,&nbsp;48 two-bedders, and 17 three-bedroom apartments.

Private residential amenity is shared over the two podium rooftop levels. The southern rooftop at level two provides communal working and dining facilities, equipped with an outdoor dining area and a fire pit lounge, set amongst a walled garden and a planted terrace edge.

With a blend of social and practical uses, this amenity space provides residents with a tangible connection to lush green landscaping and native species says Make.

“Residents are encouraged to connect with nature by nurturing and harvesting the culinary species grown within the raised planters on the terrace.”

<a href="/new-apartments/the-bryson-of-chatswood-3-wilson-street-chatswood-nsw-2067">To track the project and be alerted when it hits sale, enquire here.</a>

<a href="/new-apartments/the-bryson-of-chatswood-3-wilson-street-chatswood-nsw-2067"><img alt="" data-entity-type="" data-entity-uuid="" height="613" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-23_at_4.52.28_pm_0.png" width="770" /></a> 
Proposal axonometric. Credit: Make Architects

The level three northern podium rooftop will provide an expansive external leisure terrace fitted out with an 18-metre lap pool, yoga terrace, sunken lounge, floating sunbeds and a garden reading lounge.

With a string of other major proposals currently under assessment, Goldfields said “the proposal would meet population growth in Chatswood partly driven by the opening of the new Metro station which links the suburb to Sydney’s north west.”

The north shore rail line runs along the eastern boundary of the site with the development nearby to Chatswood Station and other transport links. Future cycle lanes are also intended along both the Pacific Highway and Anderson Street, allowing improved cycle access into Chatswood CBD and the wider area.

The area is due to undergo significant redevelopment as part of the Chatswood CBD strategy 2036, which will see a considerable expansion of the existing CBD to the north, with the proposal to be located at the northern tip on the new CBD.

The proposal is among a growing list of skyscrapers planned in the Chatswood CBD including a 26 storey redevelopment of the Chatswood Mandarin Centre, a 22 storey expansion of Chatswood RSL, a 15 story apartment building at 3 Ellis St, and three towers on the corner of Victoria Ave and Brown St that would include an 18 storey hotel.

Make Architects were selected to lead the design of the project following a competition, with the initial entries lodged back in 2021, before being reworked and refined to what it is today.

Goldfields Group lodge plans for Chatswood apartments

The national development giant, Meriton, has been given the green light to commence with one of the next stages of their&nbsp;Pagewood Green&nbsp;masterplan.

The Bayside Council signed off on the development of 42 three and four-bedroom townhouses, a handful with their own granny flats.

The townhouses have been designed by PTW Architects and&nbsp;will range in size from 116 sqm to 172 sqm.

<img alt="" height="940" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-16_at_2.24.13_pm.png" width="2006" />

Meriton recently launched Uccello,&nbsp;a mix of one, two, three and four-bedroom apartments in the 16 hectare masterplan.

Designed by SJB Architects, Uccello&rsquo;s towers will rise 20 levels above the brand new Pagewood Centro retail precinct, which will form the Town Centre, offering 23 specialty stores, a major national supermarket and an open-air laneway lined with restaurants.

Boasting the tallest towers in Pagewood and Eastgardens, bookended by two expansive parks, Uccello sits adjacent to the newly completed 8,000 sqm Central Park, which features a basketball court, outdoor gym, state-of-the-art kids&rsquo; playground and barbecue facilities, as well as the future 2,700 sqm Community Park.

Within the towers, the landscaped podium garden is home to a range of residential amenity including an outdoor resort-style 20-metre pool, a spa, sauna, indoor gym, and a barbecue pavilion.

<img alt="" height="1036" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-16_at_2.24.06_pm.png" width="1776" />

Crowning Uccello is the rooftop garden, encompassing sweeping views of the neighbouring eastern suburbs and city beyond.

Four onsite childcare centres are proposed for the Meriton development, as well as electric car charging provisions, MyParcel locker systems, carwash bays and a dedicated onsite building manager, available to cater to all the residents&rsquo; and property needs.

The Eastgardens project benefits from an onsite bus stop, with direct services to Bondi Junction and Kingsford Light Rail Station.

The Eastgardens Westfield bus interchange is only next door, with the residences also enjoying proximity to Maroubra Beach, the University of NSW and the Prince of Wales Hospital all just around three-kilometres away.

[smartcode_project_cta: project_id=109442]

The first stage of the masterplan, Uccello, a mix of one, two, three and four-bedroom apartments across two towers, launched recently.




Meriton secure approval for townhouse stage at Pagewood Green masterplan

Apartment seekers in Sydney&#39;s Inner West&nbsp;will get a rare chance to secure a soon-to-be completed apartment in Enfield, as the&nbsp;Coronation Park development hits the market.

Coronation Park, developed by Sukkar Construction,&nbsp;will feature under 60&nbsp;one and two-bedroom apartments to a design by Olsson &amp; Associates.

HAUS Agency Director Sean Dowling says the architecturally planning invested&nbsp;in Coronation Park is the benchmark for everything that follows in the creation of each home.

[smartcode_project:default project_id=6633 project_image_fid=197389]

&quot;All the necessities in life are included, from the secure underground parking and video intercom lift access to the sun-drenched expansive balconies,&rdquo; Dowling noted.

Enfield is an area on the flanks of Sydney&rsquo;s Inner West, experiencing a sustained expansion in terms of both key transport and lifestyle advantages.

Coronation Park is situated close to express CBD bus stops, as well as being nearby to Strathfield, Ashfield and Burwood station, making commuting a breeze for buyers who aren&rsquo;t working from home.

[smartcode_project:default project_id=6633 project_image_fid=197387]

&ldquo;You&rsquo;re a short stroll to rolling parklands and sporting facilities, dog friendly, off-leash enclosures and the renowned Ashfield Aquatic Centre,&rdquo; Dowling added.

The development sits within easy reach of both public and private schools including Enfield Public School, Strathfield South High School and several quality childcare centres.

[smartcode_project:default project_id=6633 project_image_fid=197388]

Coronation Park&rsquo;s one and two-bedroom apartments are priced from $650,000, with a newly completed display apartment open for inspection at 12 Coronation Parade.

About the developer:

Developer and builder, Sukkar Construction, brings a wealth of experience and expertise to Coronation Park with projects across Sydney.

They believe it&rsquo;s imperative that established areas of Sydney within reach of the CBD are revitalised to meet the needs of new home owners and the communities that are such an integral part of their lives.

[smartcode_project_cta: project_id=6633]

Coronation Park, developed by Sukkar Construction, will feature under 60 one and two-bedroom apartments to a design by Olsson & Associates.



Coronation Park apartments in Enfield launched

Planned infrastructure upgrades can be a fantastic indication that an area is on the up – and with $24 billion invested in Sydney's Merrylands/Parramatta area, you could say that the area is looking like a pretty strong investment opportunity.

<h2>PROJECT PIPELINE</h2>

<ul>
	<li>Arthur Phillip High School and Parramatta Public School redevelopment $228million</li>
	<li>Engineering Innovation Hub $280million estimated completion 2022</li>
	<li>Merrylands Civic Centre $11million estimated completion 2022</li>
	<li>Royal Parramatta Private Hospital $200million estimated completion 2025&nbsp;</li>
	<li>Parramatta Aquatic Centre $88.6million estimated completion 2023</li>
	<li>Museum of Applied Arts and Sciences $400million estimated completion 2023</li>
	<li>Sydney Metro West $18billion estimated completion 2024</li>
	<li>Western Sydney University Westmead Campus $450million creating 50,000 new jobs by 2036</li>
</ul>

Recently we were invited to tour&nbsp;ALAND’s display suite for The Gladstone Village. It's a beautiful development slated for completion late 2023, and it's situated right in the heart of Merrylands only walking distance to transport, eateries and shopping.&nbsp;

Watch our tour video:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/Is1sKk0VkF4" title="YouTube video player" width="660"></iframe>

<h2>THE GLADSTONE VILLAGE AT A GLANCE</h2>

Address:&nbsp;224-240 Pitt Street, Merrylands 
Developer: ALAND 
Builder: ALAND

[smartcode_project_cta: project_id=7642]

On the&nbsp;way to The Gladstone Village display suite, we passed the Western Motorway which provides convenient access to the CBD and Holroyd Gardens – the perfect picnic spot. Westmead Health Precinct is only 15 minutes away and Stockland Shopping Centre with over 200 speciality stores is right across the road.

Significant infrastructure spending is currently being invested into this region which already enjoys easy access to world-class employment and education hubs. Perfect for growing families and working professionals, you’ll have everything you need at your fingertips now and well into the future.

[smartcode_project:default project_id=7642 project_image_fid=197117]

The Gladstone Village first stage of release will be home to 365 apartments, and features three striking, state-of-the-art buildings. All apartments include either a balcony or terrace, and at least one carpark as well as storage cage. At ground level there are plenty of restaurants, cafes and retail – while on the rooftop you've got your very own resort-style amenities.

On-site, you'll have access to a luxurious swimming pool, a rooftop garden, playground and BBQ area. It's just the right amount of facilities to keep strata fees low, but provides you with a few extra luxuries that apartment living can offer.&nbsp;

[smartcode_project:default project_id=7642 project_image_fid=197135]

After chatting to the developer, we&nbsp;also learnt that ALAND are closely involved with the development post completion – which is a great sign for any off-the-plan development. Every purchaser, tenant or investor has access to the ALAND Care mobile app – which includes 24 hour support from both the Building Manger and concierge staff – making it super easy to log requests efficiently.&nbsp;

ALAND also abides by 5 key principles to ensure the development will remain attractive to future buyers and tenants.

These include:

<ul>
	<li>Longevity</li>
	<li>Liveability</li>
	<li>Accessibility</li>
	<li>Affordability</li>
	<li>Practicality</li>
</ul>

The kitchens are super practical, featuring a generous amount of built-in storage with easy-clean glass splashbacks and stone benchtops. You've also got a complete set of integrated Fisher &amp; Paykel appliances and quality Grohe tapware.&nbsp;

[smartcode_project:default project_id=7642 project_image_fid=197120]

In the bathrooms, there's a very clean, modern aesthetic. You've got floating ceramic vanities with a mirrored storage unit that runs all the way up to the ceiling and frameless walk-in showers. I love the built-in storage ledge and hidden LED feature lighting.&nbsp;

All apartments also come with blinds installed, recessed downlights, and reverse cycle air conditioning.

If you love the sound of this opportunity and want to learn more about The Gladstone Village, then submit your enquiry and get in touch with the ALAND team today.&nbsp;

Display Tour Video: The Gladstone Village by ALAND at 224-240 Pitt Street, Merrylands, NSW

The leading Western Sydney apartment developer, ALAND, has seen a sharp pick up in investor sales in the last quarter.

At their Parramatta tower, Paramount on Parkes, ALAND&nbsp;saw a 54 per cent uplift in purchases by investors over the last quarter, with&nbsp;ALAND's Chief Executive&nbsp;George Tadrosse saying that&nbsp;demand for quality affordable apartments in Sydney is outstripping supply, which is good news for savvy investors and homebuyers seeking solid future growth.

"There will be very little stock coming onto the unit market over the next 24 months and that is largely due to increased government red tape and increased demand from several buyer types," Tadrosse said, suggesting that those who wait might find themselves out of options.

“Demand for units is high as rising interest rates encourage domestic buyers to shift their focus to the apartment market.

[smartcode_project:default project_id=9187 project_image_fid=164849]

"But now that international borders have opened up, apartment purchasers will also have to face competition from foreign residents who may be looking to rent or buy in Sydney,” Tadrosse said, adding that the two-fold demand was especially good news for investors.

Located at 14-20 Parkes Street Harris Street, Paramount on Parkes offers a mix of one, two and three-bedroom apartments across a 39-level building, along with a resort-inspired pool with a 300 sqm terrace and barbecue area, lush landscaping, and residents’-only children’s play areas.

Construction is well underway on the project and completion is slated for late 2023.

[smartcode_project:default project_id=9187 project_image_fid=181002]

The supply shortage is only set to be exacerbated by the recent announcement to raise the home loan deposit scheme threshold to $900,000 this coming July allowing more first home buyers and first-time investors to enter the market while they can.

While this month’s interest rate rise has given both owner-occupiers and investors pause for thought, Sydney’s unit market remains strong and is shaping up as a popular space for homebuyers, investors and renters alike

“For owner-occupiers, a rate rise can feel more onerous but for investors, it is far less concerning as the interest component of an investor loan is largely tax deductible. We may see a lift in asking rents as interest rates increase, as landlords look to offset any additional expense,” said Tadrosse.

[smartcode_project:default project_id=9187 project_image_fid=164851]

“The good news for owner-occupiers is that lending policies have accounted for an inevitable rate rise to help future proof the serviceability of loans,” he added.

New data from CoreLogic supports the strength of the apartment market, indicating rents are now outpacing those of houses. In its latest Quarterly Rental Review, CoreLogic showed national unit rents have bucked the trend seen since May 2019 and actually rose at a faster pace than national house rents over the first three months of 2022, recording a quarterly growth of 3 per cent while houses only increased by 2.4 per cent.

Similar to the national results, unit rents in the combined capitals also outperformed house rents over the first quarter, increasing 3.1 per cent compared to 2.2 per cent. According to the CoreLogic report, the median Sydney unit rent by the end of March was $546 a week, an 8.3 per cent change over 12 months.

[smartcode_project:default project_id=9187 project_image_fid=164857]

Compared to the previous quarter, gross rental yields for units also rose across Sydney, up 2.3 per cent during the quarter to 3.1 per cent.

Bianca Anton, General Manager of ALAND, said switched on investors are realising the true value of bricks and mortar as a long-term strategy and see units as the more affordable path to that financial freedom.

“Buyers are becoming more educated about the pending gap in their wealth creation so are looking for ways to ride the apartment price wave as far as possible. And with only a limited amount of new apartments available in Sydney right now, it really is a race of ‘first in, best dressed’ especially for those seeking to secure quality property,” she said.

Developer ALAND reveals investor sales soar as demand drives up rental yield

ALAND see apartment investors pour back into to Sydney's west

Parramatta is set to see a solid pipeline of new housing following the sign off of the Parramatta CBD Planning Proposal.

The long-awaited changes to the planning rules for the area will offer&nbsp;the potential to create much needed housing supply and quality jobs for Sydney&rsquo;s second city.

Urban Taskforce CEO Tom Forrest has welcomed the finalisation of the Parramatta CBD Planning Proposal said the new amendments provide capacity for approximately 11,900 new dwellings in the CBD.

&quot;This decision is welcome as it will provide more opportunities to boost housing supply in this LGA and assist the City of Parramatta to reach its five-year housing target of 23,660 new homes by 2026,&rdquo; Forrest said.

[smartcode_project:default project_id=9187 project_image_fid=164849]

However, the final changes to the Local Environmental Plan contain decisions that&nbsp;reduce the proposed development area and remove critical incentives for development of office space.

Urban Taskforce notes that Parramatta North and the Phillip Street Block have been excluded from the process with decisions postponed due to concerns over their heritage and public amenity values.

During the finalisation of the Planning Proposal, Council excluded sites previously endorsed in the Parramatta CBD Planning Investigation Area, inevitably &lsquo;kicking the can down the road&rsquo; to be progressed at a later stage.

[smartcode_project:default project_id=9187 project_image_fid=164848]

This has happened again in the Parramatta North and Phillip Street Block and is a missed opportunity to utilise the full potential of the CBD area, according to Forrest.

The other last-minute DPE change to the plan includes restrictions to the floor space ratio (FSR) from those originally proposed by Parramatta Council.

&ldquo;Parramatta Council proposed an exemption from any FSR controls for office development (greater than 1,800 sqm) in the Commercial Core and the Mixed Use zone. This was proposed to allow for maximum flexibility and as an incentive to future investors.

[smartcode_project:default project_id=7642 project_image_fid=197136]

&ldquo;The Urban Taskforce has repeatedly called for flexibility in the planning controls which will enable the market to create developments that are best suited to the area and best respond to the demand for office spaces, retail, and homes. Council had proposed precisely this and DPE re-imposed unwelcome controls which will limit commercial development and opportunities for quality new jobs,&rdquo; Forrest said.

&ldquo;Parramatta Council&rsquo;s worthy intention was to enable A-Grade office towers to be built with modern designs. The competitive and creative designs of today&rsquo;s modern office towers ensure great look, functional space and build form which is best suited to the demand of the market today and in the future,&rdquo; he added.

Notwithstanding the reduced size of the development area and the FSR restrictions, the finalisation of the CBD Planning Proposal will finally give some certainty to investors.

The amended Parramatta Local Environmental Plan commences on 14 October 2022 but is expected to guide the economic development of the CBD for the foreseeable future.

&ldquo;It is great to see the NSW Government, led by Planning Minister Roberts, tackling housing supply and this is a positive step,&rdquo; Forrest concluded.

The long-awaited changes to the planning rules for the area will offer the potential to create much needed housing supply and quality jobs for Sydney’s second city



Parramatta could see 12,000 new dwellings as CBD Planning Proposal gets greenlight

Alton Property Group have amalgamated a massive nine lot site in the heart of the exclusive Neutral Bay on Sydney&#39;s Lower North Shore, with plans to create a 40-apartment development.

Designed by A+ Design Group at 4-14 Merlin Street,&nbsp;the proposal involves alterations and additions to an existing nine-storey residential building, demolition of existing dwellings on six lots, and&nbsp;the construction of a four-storey residential flat development with a rooftop communal open space and residential amenities on the ground floor.

&ldquo;The scale of the buildings has been carefully modulated in bulk, height, landscaped area and spatial separation controls to represent an expression of the desired character in the locality,&rdquo; A+ Design Group Architect, Tony Leung, noted in their submission.

<img alt="" height="1098" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-10_at_10.55.02_pm.png" width="2214" /> 
A render of the proposed development at 4-14 Merlin St, Neutral Bay. Image credit&quot; A+ Design Group.&nbsp;

Set to comprise a mix of four one-bedroom, 17 two-bedroom and 19 three-bedroom apartments, the development aims to keep with the demand in the marketplace, which is predominantly for owner occupiers looking for two and three-bedroom spaces.

The planning and arrangement of the apartments have been designed to maximise solar access, natural ventilation and daylight with a focus on blending the inside to the out.

&ldquo;The proposal contains an appropriate composition of building and landscape elements, textures, materials and colours to reflect the positive elements of the existing neighbourhood,&rdquo; Leung added.

&ldquo;We&rsquo;ve intended to achieve a clean modern aesthetic through a selected palette of materials, as well as the articulation of the building mass.&rdquo;

<img alt="" height="1016" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-10_at_10.55.12_pm.png" width="2198" /> 
A render of the proposed development at 4-14 Merlin St, Neutral Bay. Image credit&quot; A+ Design Group.&nbsp;

A number of canopy trees will feature around the perimeter of the site, with planting along the street frontages providing privacy and a softening to the built forms, as well as planting along the western boundary creating a buffer from the Warringah Freeway.

&ldquo;The proposed landscape design is an integral part of the overall design intent&rdquo;, said Leung, with over 1,191 sqm of the site dedicated to green and open spaces.

Set to comprise a mix of four one-bedroom, 17 two-bedroom and 19 three-bedroom apartments, the development aims to keep with the demand in the marketplace, which is predominantly for owner occupiers looking for two and three-bedroom spaces.

First look: Alton Property Group to create Neutral Bay apartment development

The international developer Mulpha, who are developing the $1 billion zero-carbon, masterplanned Norwest Quarter project, have already secured over a third of the sales in the first release.

The recently approved first stage of two apartment buildings, Banksia and Lacebark, will home a total of 196 apartments. The first stage will also include&nbsp;more than 3,000 sqm of specially curated and sustainably led retail and commercial space, including a full-floor commercial gym, fresh food grocer, medical services and restaurants.

The initial sales have shown a strong interest from&nbsp;a mix of owner occupiers, including young families, and local investors.

Mulpha has appointed Parkview Construction to build the project, with work expected to commence in June, with a focus on quality control and delivering new benchmarks in sustainable design and construction.

[smartcode_project:default project_id=103264 project_image_fid=196023]

&ldquo;We are very excited to launch the first apartment buildings in Norwest Quarter which we believe will set a new benchmark in lifestyle design with its focus on community, sustainability and harmony with the natural environment,&rdquo; said Mulpha Head of Developments, Tim Spencer.

The 115-apartment Banksia building, designed by leading architects Bates Smart, will offer a choice of one, two and three-bedroom open plan apartments, with views north towards Castle Hill Country Club and southwest over Norwest Lake. Banksia&rsquo;s design prioritises outdoor space and connecting to nature, with each apartment featuring one or more oversized balcony, complimented with lush landscaping.

The 81-apartment Lacebark building, designed by Smart Design Studio, comprises generously sized one, two, and three-bedroom apartments, along with three-bedroom penthouses, all with curved balconies and angled blades, designed to bring in more sunlight in the winter and protection from the sun in the summer.

[smartcode_project:default project_id=103264 project_image_fid=196019]

Banksia will also be home to a residents-only podium rooftop, which will have a swimming pool, sunlit garden, a lounge, work from home pods, and function room for hire, while Lacebark is set to include a resident&rsquo;s lounge and a comunal garden, complete with a kitchen, sundeck, and barbecues.

&ldquo;The design of both buildings far exceeds standard sustainability regulations with best practice passive design principles and high-performance environmental initiatives throughout,&rdquo; Spencer said.

An open public plaza will link the two buildings together, with a wild botanical garden, as well as an amphitheatre, timber walkways, water and wild play for children, decked areas and seating, with the plaza contributing to the 70 percent of open green space within the precinct.

[smartcode_project:default project_id=103264 project_image_fid=196021]

The Norwest Quarter environment has also been designed to minimise the urban heat island effect (UHIE) through substantial re-wilding of the natural landscape, which in turn will promote local flora and fauna.

Initiatives to enhance long term re-wilding include pollination and soil health management, which will all contribute to the creation of a cooler and healthier environment throughout the precinct. Apartments in Norwest Quarter will consume two thirds less energy than a typical apartment, and one third less water from the grid.

Due to the strong sustainability credentials of the apartments, purchasers may also be eligible for discounted green mortgages, potentially providing a lower interest rate on their mortgage.

[smartcode_project:default project_id=103264 project_image_fid=196003]

&ldquo;I believe people will choose to live here for the opportunity to be part of a community, aiming for a better future, targeting 100 percent renewable energy, reduced waste, and efficient use of resources including water,&rdquo; Spencer added.&nbsp;

Both buildings will also feature rooftop solar panels, electric vehicle charging with fast charges, and high-performance, centralised air-conditioning. Apartments will benefit from high efficiency lighting and appliances, and are 100 per cent electric with induction cooktops and electric hot water.

Other sustainable community initiatives will include communal electric barbecues, communal gardens, productive beehives for enhanced pollination, worm farms, composting and natural landscapes.

Once complete, Norwest Quarter will transform over 3.8-hectares of greenfield land into a vibrant village centre for over 2,000 residents. There will be nine residential towers containing 864 apartments, with 6,000 sqm of space provided for cafes, restaurants, neighbourhood shops and childcare facilities.

[smartcode_project_cta: project_id=103264]

Over a third of the first release residences sold out within the first two weeks, with a strong interest from a mix of owner occupiers, including young families, and local investors.



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