Adding to Chatswood’s growing skyline, <a href="https://www.apartments.com.au/new-apartments/the-anderson-chatswood-54-56-anderson-street-chatswood-nsw-2067">The Anderson</a> is grounded in a simple principle: apartment living in a major centre does not have to come at the expense of space and outlook.

Set on Anderson Street in the heart of <a href="https://www.apartments.com.au/developments/chatswood-nsw-2067">Chatswood</a>, the new residential tower, a collaboration between developers <a href="https://www.apartments.com.au/developers/changfa-group">Changfa Group</a> and <a href="https://www.apartments.com.au/developers/huirong-group">Huirong Group</a> with architecture and interiors by <a href="https://www.apartments.com.au/architects/ajc-architects">AJC Architects</a>, will introduce 122 apartments that prioritise generous proportions, considered orientation, and a strong connection to the surrounding heritage precinct.

The design originated from a Design Excellence Competition, where AJC proposed a building that combines suburban-style apartment scale with the density expected in a transport-rich centre. The development will include more than 1,800 square metres of retail and commercial space at street level, landscaped communal roof terraces, and a ground-floor pocket park framed by canopy trees. Together these elements aim to create a building that integrates with Chatswood’s evolving streetscape while maintaining a strong residential focus.

[smartcode_project:default project_id=151353 project_image_fid=353250]

A key driver behind the architecture was the desire to deliver family-sized apartments rarely seen in the Chatswood market. The Anderson includes a mix of one to four-bedroom apartments, with around 35 per cent of the residences configured as three or four-bedroom homes. At the top of the building, two double-storey penthouses span approximately 200 square metres each, reinforcing the project’s emphasis on scale and long-term liveability for both downsizers and intergenerational households.

Orientation and outlook were central to the planning of the building. The apartments are positioned to maximise views to the north and east across Chatswood’s heritage precinct, with upper levels capturing glimpses of the Pacific Ocean. South-facing apartments gain distant views toward the Sydney CBD and Harbour Bridge, while the building’s configuration intentionally reduces western exposure at lower levels to minimise overlooking toward the nearby railway corridor.

The external design references the character of the surrounding conservation area without replicating it directly. A brick podium anchors the building to the street and introduces a series of architectural portals that draw inspiration from the nearby Chatswood Presbyterian Church. Above this base, the tower shifts to a lighter, more open expression defined by horizontal lines and carefully detailed balconies that balance privacy with outward views.

[smartcode_project:default project_id=151353 project_image_fid=353254]

Toward the top of the tower, AJC introduces a distinctive lantern-like element formed by sliding screens. These screens provide both solar shading and privacy while also creating a visual marker for the building within the Chatswood skyline. The feature reinforces the architectural intent of the project, a structure that is visually refined while still responding to the practical requirements of apartment living.

Inside the residences, interior architecture by Hayball focuses on clear spatial flow and practical everyday use. Open-plan living areas connect directly to large balconies, extending the internal living spaces outward and allowing natural light to move deeper into the apartments. Kitchens are designed as central working spaces with premium appliances and carefully selected materials, positioned to serve both daily living and entertaining.

[smartcode_project:default project_id=151353 project_image_fid=353256]

Bathrooms follow a similarly restrained design language, using refined fixtures and materials to create calm, functional spaces, while wardrobe areas adopt a gallery-style layout with integrated lighting and generous storage. These elements reflect a broader design approach that prioritises clarity, functionality, and durability over decorative gestures.

Positioned just a short walk from Chatswood Interchange, residents will have direct access to rail, metro, retail, and dining. The Metro extension allows travel from Chatswood to Martin Place in approximately 11 minutes, placing the CBD within easy reach for residents while maintaining the convenience of a walkable North Shore neighbourhood.

One-bedroom apartments at The Anderson start from $1,022,000.

[smartcode_project_cta:default project_id=151353]

Joel Robinson

How AJC designed The Anderson to bring oversized apartment living to Chatswood

<a href="https://www.apartments.com.au/developers/bridgewell-development">Bridgewell Capital</a> has lodged plans for a major mixed-use apartment development in the heart of Maroubra, seeking a significant uplift in height and density controls to deliver 120 apartments and a 120-place childcare centre near Maroubra Junction.

The State Significant Development application, filed through the NSW Government’s Housing Delivery Authority pathway, covers a 3,270 sqm amalgamated site at 251-257 Maroubra Road and 133-135 Garden Street. The proposal includes a concurrent rezoning that would increase the maximum building height from 12 metres to 35.6 metres and lift the floor space ratio to 4.02:1.

Designed by <a href="https://www.apartments.com.au/architects/bka-architecture">BKA Architecture</a>, the project would replace a mechanic’s workshop and several detached homes with a 10-storey residential building above four basement levels.

The scheme comprises 120 apartments, including 27 affordable housing units to be managed by a community housing provider for 15 years, alongside 203 basement car spaces and 92 bicycle spaces. A childcare centre occupying nearly 900 sqm of floor area would sit at ground level and be capable of accommodating 120 children and 22 staff.

<img alt="First look: Bridgewell plots 120 apartments and childcare centre in Maroubra town centre" data-entity-type="file" data-entity-uuid="038a0639-f9e4-4303-8fcc-d43e73fa480f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bridgewell%20pers.png?VersionId=eGBElxmNqJW.YF3JFYgHTnPgAstdyXR3" />

According to the Design Report, the project has been conceived as a “gateway proposal” that responds to Maroubra’s evolving urban character and its proximity to the town centre.

“Designed to complement the character of Maroubra’s town centre, this gateway proposal features a building scale that matches its surroundings,” the report stated.

“It integrates residential units above a ground-level childcare centre, fulfilling the strategic objectives of the Randwick City Council Masterplan.”

The apartment mix is weighted toward larger residences aimed at families and downsizers, reflecting changing demographics in the Randwick LGA and increasing demand for medium-density housing close to transport and amenity.

BKA Architecture said the proposal seeks to reinforce Maroubra Road as a civic spine while improving the pedestrian experience around the site through landscaping and upgraded public interfaces.

“The design capitalises on the following site opportunities: reinforcement of Maroubra Road as a civic spine, enhancement of pedestrian pathways and the public interface via new landscaping, and strong market demand for two and three-bedroom apartments to support families and down-sizers,” the Design Report noted.

<img alt="First look: Bridgewell plots 120 apartments and childcare centre in Maroubra town centre" data-entity-type="file" data-entity-uuid="ee509779-3c7e-4918-b03d-761c785459d0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bridgewell%20site.png?VersionId=eZC4Ruyn.C7O.Qwfr1SVeP5.ds1c5.66" />

The building has been designed with setbacks and articulation intended to transition between the commercial intensity of Maroubra Junction and the surrounding lower-scale residential neighbourhoods. Communal open space is proposed on level one, while upper-level apartments would secure views towards Port Botany, Maroubra Beach and Sydney’s eastern suburbs.

The development sits around 200 metres east of the Maroubra Junction intersection of Anzac Parade and Maroubra Road, within one of Randwick’s identified strategic centres. The site is close to Pacific Square Shopping Centre, major bus routes, schools, parks and future cycling infrastructure proposed under the Maroubra Junction Masterplan.

The Maroubra proposal aligns with broader NSW Government initiatives encouraging higher-density housing near established centres and transport corridors, particularly where affordable housing is incorporated.

Bridgewell is also working on a <a href="https://www.apartments.com.au/news/qld/goldfields-sets-the-stage-as-quartet-milton-launches">new 55-unit project in Killara</a>.

First look: Bridgewell plots 120 apartments and childcare centre in Maroubra town centre

National diversified developer <a href="https://www.apartments.com.au/developers/goldfields-group">Goldfields</a> has launched its latest Brisbane apartment project, <a href="https://www.apartments.com.au/new-apartments/quartet-milton-33-manning-street-milton-qld-4064">Quartet Milton</a>, marking its entry into the sought-after inner-city suburb just two kilometres from the CBD.

The circa $100 million development will rise 18 storeys and deliver 131 apartments, offering a mix of one, two-, and three-bedroom residences.

Ideally located on Manning Street, Quartet residents will be within 300 metres of Milton Station, 500 metres from the Milton Ferry Wharf, and a short walk to Milton Markets, the iconic Park Road, as well as a range of breweries and cafés.

[smartcode_project:default project_id=108736 project_image_fid=367993]

Designed by architecture firm <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> and brought to life by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, the building features a simple, gridded façade paired with generous glazing to enhance views, maximise aspect, and capture both sunrises and sunsets from within the apartments and their generously sized balconies.

Residents will have access to a 1,000 sqm rooftop, curated to balance wellness and entertaining, in response to increasing demand for wellness-focused shared spaces.

"We've approached Quartet Milton as a complete lifestyle offering, not just apartments, but a place where the design, amenities, and location all work together in a meaningful way," says Goldfields Managing Director Lachlan Thompson.

"Buyers are looking for that sense of confidence, knowing the vision has been carefully thought through not just by us as developers, but by all our consultants appointed to bring this together, and that it will be delivered to the standard they expect."

[smartcode_project:default project_id=108736 project_image_fid=368000]

Cera Stribley Co-Founder and Managing Principal Domenic Cerantonio said the rooftop is designed to feel like a place "you'd genuinely use every day."

"A 25-metre pool framed by city and mountain views, wellness areas, and private dining spaces for evenings with friends create a setting designed for year-round comfort and effortless Brisbane living."

[smartcode_project:default project_id=108736 project_image_fid=367999]

In addition to the 25-metre pool, the rooftop will include a sauna, cold plunge, fully equipped gym, and zen gardens, all complemented by panoramic views of the city and river.

While the building is expected to appeal predominantly to owner-occupiers, Goldfields anticipates interest from investors seeking strong rental returns, driven by the project's design, location, and the city's projected capital growth in the lead-up to the 2032 Brisbane Olympics.

[smartcode_project:default project_id=108736 project_image_fid=367991]

<a href="https://www.apartments.com.au/developments/milton-qld-4064">Milton</a>, widely regarded as one of Brisbane's most desirable inner-ring suburbs due to its lifestyle offering and proximity to the CBD, has experienced a shortage of new apartment supply in recent years.

Goldfields is already active in the Brisbane residential market through its Ripley Valley masterplanned community, Hayfield. The 109-hectare neighbourhood is already home to more than 300 families and features a large community park.

Plans for the precinct include a 4 km running track, future schools, and retail and commercial amenities, all within a 35-minute drive of the Brisbane CBD.

Goldfields also plans to deliver a new mixed-use tower at 88 Robertson Street in Fortitude Valley, within the James Street precinct. The project will include 16,000 sqm of boutique commercial space, a level of wellness facilities, and a rooftop restaurant and event space, akin to Goldfields House in South Yarra, its flagship mixed-use development on Chapel Street, which is crowned by the Beverly Rooftop bar, one of Melbourne’s best-known venues.

[smartcode_project_cta:default project_id=108736]

Goldfields sets the stage as Quartet Milton launches

<a href="https://www.apartments.com.au/developers/stockland">Stockland</a> and Homes NSW have taken the next major step in the transformation of Waterloo Estate, lodging a Concept State Significant Development Application and concurrent rezoning proposal for the renewal of Waterloo South.

The proposal, now on public exhibition, outlines plans for around 3,300 new homes across the 12.3-hectare precinct. A minimum 30 per cent of residential gross floor area will be delivered as social housing, approximately 20 per cent as affordable housing, and a maximum 50 per cent as market housing. The redevelopment would more than quadruple the number of homes currently on the site and more than double the existing supply of social and affordable housing.

The renewal of Waterloo South forms the first stage of the broader Waterloo Estate transformation and is set to unfold over the next 10 to 15 years. The estate currently contains 750 social housing dwellings and 120 private homes.

<img alt="First look: Stockland and Homes NSW unveil plans for 3,300-home Waterloo South renewal" data-entity-type="file" data-entity-uuid="ba2da34b-171b-4ff1-b0c7-4baf0bce97f2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Waterloo%20public.png?VersionId=S5apPKOqjPHJhk_SzCvdVPxsEBYs300o" />

The proposal, prepared by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a> and Beam Planning, spans 10 street blocks bounded by Cope, Raglan, George, Wellington, Gibson, Kellick, Pitt and McEvoy Streets, directly adjoining the Waterloo Metro Station precinct and within walking distance of Redfern and Green Square stations.

Under the masterplan, building heights would range from two to 33 storeys, delivering approximately 282,485 sqm of residential floor space alongside at least 10,000 sqm of non-residential uses and a minimum 5,000 sqm of community space. The planning framework has been specifically structured to support the mixed-tenure outcome, with the residential gross floor area capped at a maximum 50 per cent market housing allocation.&nbsp;

The Urban Design Report describes the vision as creating “a unique and vibrant mixed-tenure housing precinct that supports the needs of the community and delivers much needed housing in response to National and State Government priorities.”&nbsp;

<img alt="First look: Stockland and Homes NSW unveil plans for 3,300-home Waterloo South renewal" data-entity-type="file" data-entity-uuid="6e1a6d8b-0626-4fa7-94fc-aa91c0af86dc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/waterloo%20per.png?VersionId=duyiJTFOeezTNdM22leI3SoHuqnW6ZaY" />

A major focus of the revised proposal has been increasing the social and affordable housing component. The Minns Government increased the affordable and public housing allocation from 35 per cent to 50 per cent after coming to office in 2023.

Minister for Housing and Homelessness Rose Jackson said the changes were critical to maintaining Waterloo’s social diversity.

“When we came to government, we immediately reviewed the plans for the Waterloo renewal and boosted the number of public and affordable homes from 35 to 50 per cent,” Jackson said.

“This was a crucial step to ensure Waterloo remains a welcoming place for people from all walks of life to call home now and into the future.”&nbsp;

Minister for Planning and Public Spaces Paul Scully said the project would reshape the precinct for generations.

“This concept DA brings thousands of new public, affordable and market homes on the doorstep of the Waterloo Metro station another step closer to reality,” Scully said.

“Importantly, alongside the new homes the plan also proposes new open space where residents and the broader community can gather, relax and play.”&nbsp;

<img alt="First look: Stockland and Homes NSW unveil plans for 3,300-home Waterloo South renewal" data-entity-type="file" data-entity-uuid="867520cb-6e07-4204-885e-53793ac88066" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Waterloo%20public%20a.png?VersionId=lgSI85Q23xBLYLC9NcWKuWZY2HfP4zQ3" />

Stockland Managing Director and CEO Tarun Gupta said the project had been shaped around long-term liveability and community infrastructure.

“As delivery partner, Stockland is proud to be working with the NSW Government on the renewal of Waterloo South – a significant project with community at its heart,” Gupta said.&nbsp;

The planning documents place strong emphasis on “Designing with Country,” recognising the site’s location on Gadigal land. The masterplan incorporates new east-west pedestrian links, activated streetscapes, rooftop communal spaces, retail frontages, and landscaped public areas intended to improve permeability and community connection throughout the estate.&nbsp;

The proposal also seeks to establish a more flexible planning framework for future detailed SSDAs, including updated provisions for educational uses, creative industries, rooftop communal areas, and active frontages. A minimum seven per cent of residential floor space will be delivered as affordable housing managed in perpetuity by community housing provider City West Housing.&nbsp;

The Social Impact Assessment prepared by Urbis describes the renewal as one of Australia’s most significant public housing transformations, identifying substantial long-term positive impacts associated with housing supply, accessibility, public domain improvements, and community infrastructure.&nbsp;

Stockland and Homes NSW have already commenced the first stage of resident relocations, with some tenants moved into newly completed homes at Waterloo Metro Quarter and the Boronia development nearby.

First look: Stockland, NSW Gov, unveils plans for 3,300-home Waterloo South renewal

<a href="https://www.apartments.com.au/new-apartments/smith-by-valli-collingwood-224-228-smith-street-collingwood-vic-3066">Smith Collingwood</a> is a new boutique apartment development bringing a refined, design-led approach to one of Melbourne’s most established inner-city neighbourhoods.

Designed by <a href="https://www.apartments.com.au/architects/pandolfini-architects">Pandolfini Architects</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/lisa-buxton-interiors">Lisa Buxton</a>, Smith by Valli sits on iconic Smith Street and comprises just 22 residences tailored toward owner-occupiers seeking a more considered style of apartment living.

[smartcode_project:default project_id=140747 project_image_fid=367540]

The design of Smith focuses on a north-facing orientation across all residences, a relatively uncommon feature in dense inner-Melbourne settings. Each apartment has been planned to maximise natural light and outlook, alongside a material palette defined by warm tones, custom joinery, and a full suite of Gaggenau appliances.

The development comprises a mix of one, two, and three-bedroom apartments, with pricing currently ranging from just under $1 million to around $4.85 million for the premium penthouse-level residences, reflecting growing demand for luxury owner-occupier product in Melbourne’s inner urban market.

Residents will also have access to a private rooftop garden designed as an elevated retreat above the city, &nbsp;featuring curated landscaping, veggie boxes, intimate seating areas and spaces for relaxed gatherings. Sustainability has also been integrated into the project through a 7-star energy rating and two secure bicycle facilities for every residence.

[smartcode_project:default project_id=140747 project_image_fid=367529]

Smith by Valli sits in the heart of one of Melbourne’s most established retail and hospitality strips, within walking distance of venues such as Falco Bakery, Carnation Canteen and Alimentari, alongside parks and everyday services. With a Walk Score of 99, the location reinforces the project’s positioning toward buyers prioritising walkability and access over car dependency.

With only a limited number of residences, Smith reflects growing demand for smaller, highly curated apartment developments that prioritise design quality, liveability, and connection to neighbourhood character.

[smartcode_project_cta:default project_id=140747]

Smith by Valli delivers design-led apartments to Melbourne’s inner north

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

&nbsp;

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Staff Writer

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

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

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

Ellen Walker

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

The NSW Government&rsquo;s cladding remediation program, Project Remediate, has seen the first cladding removed for investigation from a Darlington apartment block.&nbsp; 
&nbsp; 
Project Remediate aims to remove all flammable cladding from NSW&rsquo;s eligible high-risk residential apartment buildings by the end of 2023.

To date more than 155 buildings have registered for remediation. 
&nbsp; 
&ldquo;Project Remediate managing contractor Hansen Yuncken will investigate the materials gathered during the assessment process and Global Fa&ccedil;ade Consultant ACOR will give expert engineering and design advice on the best remediation solution for each building. 
&nbsp; 
&ldquo;There are many factors to take into consideration during remediation, including the role the previous cladding played with regards to weatherproofing, wind resistance, durability, thermal insulation and aesthetics, and the work taking place today will lay the framework for the entire physical remediation.&rdquo;

Minister for Better Regulation, Kevin Anderson said the program was important for the families and residents living in apartments impacted by dangerous cladding. 
&nbsp; 
Project Remediate will provide no-interest loans, free expert program management, and the assurance that when remediation work is completed, the work will be accepted by insurers.&nbsp;

For more information or to register for Project Remediate, visit nsw.gov.au/project-remediate.

The NSW Cladding Taskforce was established in 2017 to identify and assess potentially affected buildings following the tragic Grenfell Tower fire in London.

The NSW Government’s cladding remediation program, Project Remediate, has begun

jchancellor-FAypfDUnLy

NSW flammable cladding removal program kicks off in Darlington

The NSW Government has appointed John Minns as the state’s first Property Services Commissioner.

It is hoped the move that will herald a new era of trust and engagement between the real estate industry, its regulator and consumers in NSW.
 
Minister for Better Regulation Kevin Anderson noted the real estate industry contributes $100 billion and over 37,000 jobs to the NSW economy. 

"That is why it is critical to have the right processes in place to allow the NSW Government to support this thriving industry whilst maintaining the highest protections for consumers,” Mr Anderson said.
 
The Property Services Commissioner will reflect the successful model taken by the Building Commissioner who has been tasked to reform the building and construction sector.

Minns has more than 25 years’ experience as a real estate business owner and agent, most recently as managing director of  Canberra-based Independent Property Group.

He was previous the director of Academy of Real Estate Services.
 
"At a time of unprecedented change and rapid digital transformation, I am looking forward to working with leaders across the industry to deliver improved consumer outcomes, a vibrant and sustainable NSW property sector and continued innovation,” Mr Minns said.
 
The Property Services Commissioner will sit independently of Fair Trading and will report directly to the Secretary of the Department of Customer Service and Minister for Better Regulation..
 
Commissioner Minns will commence on 6 December, 2021.

The Property Services Commissioner will sit independently of Fair Trading and report to the Secretary of the Department of Customer Service and Minister for Better Regulation..


John Minns appointed to oversee NSW real estate as NSW's first Property Services Commissioner

Construction has commenced on the&nbsp;industrial Alex Collective apartments, in the heart of Sydney&#39;s inner-city suburb of Alexandria.

It&#39;s being developed by Alexa Development and built by Ceerose, who has just commenced construction on the four striking buildings designed by Andrew Burns.

They will home 163 apartments, taking design influences from the industrial suburb and featuring intricate brickwork, saw-tooth roofs, light wells and sky bridges.

Central to the four buildings which will reach&nbsp;four, seven, and eight storeys, is a garden designed by landscape architecture Site Image Group. There will be cabana-styled seating flanked by a magnesium pool.

[smartcode_project:default project_id=29785 project_image_fid=91611]

Edward Doueihi, Managing Director of Ceerose, says the start of construction is an important milestone for Alex Collective and will add to Ceerose&rsquo;s impressive building portfolio.

&quot;We are delighted to bring this industrial inspired residential development to life. Andrew Burns&rsquo; intuitive design for Alex Collective with pattern brickwork and metallic cladding will further enhance the striking facade. Hundreds of jobs will be created during construction which will help the economy as we move out of lockdown.&rdquo;

The start of construction co-insides with the launch of Alex Collective&rsquo;s third building Cooper, a new collection of apartments and penthouses.

Daniel McMahon, Director of&nbsp;Residential at Colliers, says the market remains strong for high-quality apartments situated on Sydney&rsquo;s city fringe.

[smartcode_project:default project_id=29785 project_image_fid=91571]

&quot;Stock is very low in the Inner West which has driven sales in Alex Collective. The project has had consistent sales results during the Sydney lockdown.&quot;

Over 70 per cent of the apartments in Cooper have sold since being launched in early September.

&ldquo;The release of Cooper is proof that demand continues for quality product in key Sydney locations,&quot; McMahon adds.

&quot;Alexandria has always been a highly sought-after location with its unique terraces, warehouse style apartments and heritage homes in a historic industrial-aged setting.&quot;

[smartcode_project:default project_id=29785 project_image_fid=91605]

Over the past 12 months property prices in Alexandria have grown almost 7.05 per cent according to CoreLogic, a trend which McMahon says&nbsp;is expected to continue with significant infrastructure investment in neighbouring suburbs.

There will be&nbsp;expansive views on the upper levels of Cooper, towards the city skyline.

Prices start at $775,000 for a one-bedroom apartments, $1,155,000 for a two-bedroom apartment, and $1.75 million for the three bedders, which offer nearly 120 sqm of space.

[smartcode_project_cta: project_id=29785]

Central to the four buildings which will reach four, seven, and eight storeys, is a garden designed by landscape architecture Site Image Group

Construction starts on the industrial-inspired Alexandria apartment development, Alex Collective

A apartment block in the Sydney suburb of Kingsford has sold for $13 million. 

Located at 54-56 Meeks Street, Kingsford, its comprises eight apartments including six three-bedroom apartments and two five-bedroom apartments, plus 14 car spaces. 

The vendor had bought the the 1,391sqm property in 2016. 

The property was sold to a private local investor through Ray White Commercial South Sydney agent Phillip Elmowy. 

The investment block was built in 2010, just a minute’s walk to the University of NSW and Kingsford shopping centre.

Mr Elmowy said there was a potential income of $412,880.

“It also has development approval for a strata subdivision.” 

“Demand for eastern suburbs unit blocks has strengthened  this year, driven mainly by mum and dad investors and family offices wanting low risk, multi-tenanted assets,” the selling agents said

The 1,391sqm property had eight apartments that last sold in one line in 2016 at $11 million

University proxmity sees Kingsford apartment block fetch $13 million 

JLL has sold a 2,987sqm raw residential development site at Lane Cove, on Sydney’s tightly held Lower North Shore.

Adjoining business owners have capitalised on a joint sales opportunity which has been secured by WINIM Funds Management for $25 million.

Located at 1 Gatacre Avenue and 5 Allison Avenue Lane Cove, the site has high density residential zoning, making for an opportunity for a 7,169 sqm of gross floor area. 

JLL’s Capital Markets (NSW) Associate, Harry Sullivan sold the amalgamated site, formerly comprising of a 43-room hotel and licensed restaurant, and adjacent residential home.

“Active developers are focusing on smaller scale high-quality projects in premium locations. Improving conditions are seeing investors return to the apartment market, looking to capitalise on the strength of the broader housing market and rapidly growing prices. 

"Like the existing housing market, more owner-occupier focused smaller apartment developments across much of Sydney have rebounded and performed strongly over the past year. 

“Demand is being driven by owner occupiers. 

"There has been a significant shift towards catering for the owner occupier apartment market, as there is a lack of supply of luxury apartments,” said Mr Sullivan.

According to JLL Research, the volume of all apartment sales in Sydney has increased significantly since 2Q20. 

The number of apartments under construction rose slightly in 2Q21 to 6,560, in an environment where it is generally smaller, high-quality projects progressing to construction as developers continue to focus on the owner-occupier market.

It noted pricing for these development sites had surpassed pre-pandemic levels. 


JLL has sold an amalgamated site at 1 Gatacre Avenue and 5 Allison Avenue, Lane Cove

$25 million Lane Cove apartment project site sold

Quartz Apartments is an exclusive, new boutique development in Sydney&rsquo;s south-west suburb of Belmore, offering a limited release to the market.

Delivered by Pheonix Builders, Quartz&nbsp;boasts the rare opportunity to purchase a brand new, architecturally-designed apartment in Belmore.

Completed last year, the development features 35 generous oversized units in one and two-bedroom configurations, as well as four retail offerings on the ground floor.

Centrally located in heart of Belmore&rsquo;s shops and caf&eacute;s, the boutique block has been designed to incorporate the natural surrounds through open living spaces and timber flooring.

<img alt="" height="1187" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/belmore2.jpg" width="2096" />

Each residence has been developed using star-rated products and materials with a focus on sustainable features, such as natural airflow.

Interiors boast thoughtfully considered finishes and fittings, floor-to-ceiling sliding doors and a well-appointed kitchen.

Situated 14-kilometres south-west of the Sydney CBD, Belmore is within walking distance to great food, interesting cultures, a sense of history and fantastic transport options.

Quartz Apartments is located only 200-metres from the Belmore railway station, while the Canterbury Leagues Club and RSL are only metres away.

[smartcode_project:default project_id=6694 project_image_fid=24912]

A great selection of schools is also close by, including the top-performing Al Noori Muslim School, All Saints Grammar and St Joseph&#39;s Primary School.

&ldquo;Food and family are intertwined in Belmore,&rdquo; the project marketing reads.

Many family-run restaurants can be found within the postcode, from Chinese, Lebanese, Greek, Thai and Italian, all available on the vibrant Burwood Road.

The development will make a great new home for first home buyers or investors looking to invest in a fast-growing suburb.

[smartcode_project_cta: project_id=6694]

Quartz Apartments is an exclusive, new boutique development in Sydney’s south-west suburb of Belmore, offering a limited release to the market

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Quartz brings rare new apartments to Belmore in Sydney’s south-west 

 Some 193 hectares of land at Wilton has been rezoned.

Some 1,600 homes will be created at Wilton through the rezoning, bringing the town centre precinct on-line with the rezoned North and South-East Wilton Precincts.
 
“The rezoning brings the 20-year vision for the area a step closer, with the town centre precinct featuring new walking and cycling paths, a public transport hub, and a future school site.
 
“Development of the Wilton growth area will build on the NSW Government’s promise to deliver 18,000 homes in south-west Sydney, across Glenfield, Lowes Creek Maryland, Leppington and Wilton.”
 
The rezoning will come into effect on 31 March 2022 for the Wilton Town Centre precinct, allowing time for a Voluntary Planning Agreement (VPA) to be finalised with the proponent to deliver key State infrastructure. 

The draft VPA will go out for public comment in early 2022. 

Locals have expressed concerns Wilton will become like Jordan Springs – "overcrowded and overpopulated."

The Wilton Town Centre Precinct will be the residential, retail, commercial and entertainment core of the Wilton Growth Area and the largest strategic centre in the Wollondilly Shire.
 
The Precinct has been rezoned, with a commencement date of 31 March 2022.
 
We worked with Wollondilly Shire Council and State agencies to prepare the draft planning package, which was on exhibition in November and December 2020. 
 
The precinct rezoning will deliver a major retail and commercial centre to provide jobs and services; about 1600 new homes with a mix of housing types from detached houses to low-rise apartments; 
6.5 hectare land for a new public school, a new major public open space including sports fields; and protection of 37 hectares of environmentally sensitive land; and provision for a central bus terminal.

Mining rights will be extinguished as part of deed of agreement for rezoning process.

The three major landowners in Wilton New Town are Bradcorp, Governors Hill and Walker Corporation. 

The rezoning of the Wilton Town Centre precinct will take effect on 31 March 2022

Wilton Town centre gets fresh rezoning approval

Minister for Planning and Public Spaces Rob Stokes has advised the rezoning of Rhodes Place which will see 4,200 new homes.

Residential apartment towers will be up to 45 stories.

It will come with around 2.3-hectares of open space.

It involves an upgrade to Rhodes Railway Station, along with a proposed ferry wharf.

There will be a site for a new public school.

Stokes said the finalisation of the Rhodes Place Strategy was a key project to help address the city&rsquo;s housing needs.

Rhodes is an important Strategic Centre in the Eastern City District Plan, after the City of Canada Bay Council nominated Rhodes in 2015 as an area for potential renewal.

The Rhodes Place Strategy is a plan for the development of the Rhodes Precinct over the next 20 years.&nbsp;

Excellence in design and sustainability, including dual reticulation for development, incentives to exceed BASIX targets and tree canopy targets were pinpointed in the draft place strategy exhibited for feedback between 31 August and 9 October 2020.

The Rhodes Place Strategy builds on earlier work for the 2018/2019 exhibition and 2017 exhibition. 
&nbsp; 
The finalisation of the place strategy allows landowners to submit development applications (DAs) to Council to begin renewal of the precinct.

The finalisation of the place strategy allows landowners to submit development applications (DAs) to Council to begin renewal of the precinct

Rhodes Place gets rezoning approval

The $1 billion mixed-use development, AURA by Aqualand, is lined up to be the focal point of the transformation of North Sydney.

AURA, which will comprise a mix of&nbsp;386 luxury residences, retails, dining precinct, and commercial spaces at 168 Walker Street, will give residents&nbsp;gun barrel panoramic views of the&nbsp;Sydney Harbour Bridge, Luna Park, and the Sydney Opera House.

Award-winning architects from Woods Bagot and Richards Stanisch have combined to create the 28-level tower and apartments, which for off the plan buyers will be available in three different colour schemes;&nbsp;dark, mid, or light.

[smartcode_project:default project_id=30959 project_image_fid=181044]

The highest standard in materials will be used throughout, from toughened fluted glass to premium tiling and marble.

Each apartment will open to a balcony with winter gardens. They have been designed to offer different floorplans and flexible solutions to balance working and living at home.

There will be extensive resident amenity, including a&nbsp;ground level pool and gym, a dining and entertaining area on level nine, and outdoor barbecue facilities, a sun deck, and dining rooms on the top level.

[smartcode_project:default project_id=30959 project_image_fid=181059]

AURA residents will also benefit from Aqualand's recently launched hospitality arm, Etymon Projects, which incorporates a dedicated concierge service&nbsp;designed to create a 360-degree lifestyle development offering with exceptional service.&nbsp;

Aqualand’s vision is to bring the 5-star hotel experience to its developments by combining traditional concierge services with lifestyle management for the first time.

The new service takes its lead from New York, China, Singapore and Hong Kong luxury apartment living, where applying hotel services and a hospitality ethos to homes isn’t new.

[smartcode_project:default project_id=30959 project_image_fid=181045]

Etymon Project’s next-level The Club will custom-fit its services to fit individual lifestyles perfectly. Options will include Home Management (grocery put away, coordinating tradespeople, watering plants and vehicle maintenance) and Home Event Planning (dinner parties, children’s birthdays and more).

Etymon Projects will also manage a providore, artisan bakery, casual diner and a contemporary Japanese eatery in&nbsp;AURA’s vibrant culinary precinct, acting as an extension to residents' apartments and a social anchor for the local community.

Buyers only need to look to Aqualand's most recent successful mixed-use precinct at Central Barangaroo, where the developer was in charge of delivering the&nbsp;residential, commercial, and public spaces.

Aqualand, led by founder and managing director, Jin Lin, has also recently completed the $420 million&nbsp;Blue at Lavender Bay, the luxury apartment tower with 130 apartments, as well as The Revy on Darling Island.

[smartcode_project:default project_id=30959 project_image_fid=181068]

"The vision for AURA is simple enough, but ambitiously bold," Lin says.

"We see this as a once-in-a-generation development, shaping the future of North Sydney and modern luxury living in Australia."

Aqualand's head of sales and marketing, Alex Adams, says there are two ways to create a dream home.

"[You can] build an average product and hope that people will love it, or you can design something that's iconic and special, that jusut doesn't compare to anything that has ever existed before", Adams says.

[smartcode_project:default project_id=30959 project_image_fid=181055]

"Aura is the latter, an heirloom we hope our home owners will keep within their families for generations.

The first stage of apartments are set to be released to the market, starting from $995,000. There will be 102 apartments in the release, a mix of one, two and three-bedroom apartments.

AURA is expected to be the centrepiece of the ever evolving North Sydney precinct, which is expected to become Sydney's second CBD hub with the amount of plans and infrastructure in the pipeline.

[smartcode_project:default project_id=30959 project_image_fid=181063]

The closing of Miller Street to cars and&nbsp;the massive investment in green spaces and entertainment precincts is expected to increase its attractiveness to future residents.

There are 19 key projects currently reincofrcing Miller Street as its civic spine. Plans are underway for over 17,000 sqm of new parks, plazas, and laneway networks. There's also plans for a&nbsp;Warringah Land Bridge will connect North Sydney with the other side of the freeway, and plans to turn the tramway viaduct into a large active recreation space.

The new Sydney Metro Victoria Cross station will sit adjacent to AURA.

Some 80,000 workers are expected in North Sydney by 2036.&nbsp;

[smartcode_project_cta: project_id=30959]

"The vision for AURA is simple enough, but ambitiously bold," Aqualand founder and managing director Jin Lin says.



"A once-in-a-generation development" - Sales set to launch at Aqualand's luxury North Sydney apartment tower, AURA 

Sydney apartments values continued their strength&nbsp;over October, posting 1.2 per cent gains over the month to now be 14.5 per cent over the calendar year,&nbsp;according to the monthly Hedonic Home Value Index by CoreLogic.

The gains follow 1.4 per cent growth in August and 1.6 per cent in both June and July.

Over 2020, values were down -0.2 per cent.

The median has now jumped over $100,000 since the start of the year, when the median apartment value was $733,000. Now it&#39;s $837,000.

[smartcode_project:default project_id=7758 project_image_fid=150461]

CoreLogic&#39;s research director Tim Lawless believes Sydney will see the highest trend toward high density living compared to the other capitals, as the gap between the median apartment value and median house value rises to over $500,000. (Sydney&#39;s median house value is now $1.33 million, up 1.6 per cent over October).

&ldquo;As housing becomes less affordable, we expect to see more demand deflected towards the higher density sectors of the market,&quot; CoreLogic&#39;s research director, Tim Lawless, said.&nbsp;

&quot;House prices continue to outpace wages by a ratio of around 12:1,&quot; Lawless noted.

&quot;This is one of the reasons why first home buyers are becoming a progressively smaller component of housing demand.

[smartcode_project:default project_id=7758 project_image_fid=150450]

&quot;With investors becoming a larger component of new housing finance, we may see more demand flowing into medium to high density properties,&quot; Lawless added.

&quot;Investor demand across the unit sector could be bolstered as overseas borders open, which is likely to have a positive impact on rental demand, especially across inner city unit precincts.&rdquo;

Sydney has seen the largest rise in rents over the last three months, up 2.4 per cent, followed&nbsp;by Brisbane, regional Queensland and regional New South Wales (all up 2.3 per cent).

The median has now jumped over $100,000 since the start of the year, when the median apartment value was $733,000. Now it's $837,000

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