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

Joel Robinson

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

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

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

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

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

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

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

Sherpa sells out Flourish Oasis in booming Palm Beach

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

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

The well-known Sydney property investor and developer, Vaughan Blank, has submitted $9.4 million plans to transform the old Westpac building&nbsp;on Bondi Beach&#39;s exclusive Hall Street in to a mixed-use precinct.

He&#39;ll be creating a new shop-top housing building, with retail premises on the ground floor of 26-32 Hall Street, and 15 apartments above.

BANG Architecture handled the design of the building, just a stones throw from the famous sand, which Blank bought for $17 million earlier this year.

Architect Wieger Meijer, who heads up BANG, said in the design statement submitted to Waverley Council, that&nbsp;Bondi Beach has seen some impressive developments come to fruition in the past decade.

<a href="/new-apartments/26-32-hall-street-bondi-beach">To track the development, enquire here.</a>

<img alt="" height="784" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/hall_st_bondi_beach_2.jpg" width="1200" />

&quot;The desired future character can be seen by the overall high design standards, which on its turn has improved the face of Bondi significantly,&quot;&nbsp;Meijer said.

&quot;The trend of these high design standards have been a key driver in the design process of the proposed development at 26-32 Hall Street.&quot;

Meijer described the overall style as &quot;eclectic&quot;, however noted that&nbsp;all developments are tied together with an overall Australian Beach style which has influenced them.

<a href="/new-apartments/26-32-hall-street-bondi-beach">To track the development, enquire here.</a>

<img alt="" height="861" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/hall_st._bondi_beach.jpg" width="1200" />

&quot;The introduction of the proposal adds to the developing image of Bondi and adds a lifestyle component to it,&quot; Meijer added.

The development, which sits next to the former post office building which has also been converted to apartments, will comprise six one-bedroom apartments, two two-bedroom apartments and seven three-bedroom apartments.

Meijer says the proposal also reflects current market demands in relation to typologies and living patterns currently established in the local area.

<a href="/new-apartments/26-32-hall-street-bondi-beach">To track the development, enquire here.</a>

Vaughan Blank has been a keen investor&nbsp;in Sydney&#39; eastern suburbs apartment market for a number of years, having previously spent over $33 million on a block of Art Deco flats in Edgecliff in 2017, which at the time was highest price paid at auction for a residential property in Australia.

Blank has adjoining future developments sites on the Bondi&#39;s O&#39;Brien Street.&nbsp;

Earlier this year $8 million plans were submitted for a <a href="/news/nsw/new-apartments-heading-to-bondi-beachs-hall-street">new&nbsp;arcade precinct and apartment development</a> just up the road across&nbsp;31, 35 and 37 Hall Street.

Behind the heritage building and facade which will remain at the street front will be a new arcade and 25 apartments, designed by&nbsp;Brian Meyerson, of the&nbsp;Surry Hills-based&nbsp;MHNDU.

Vaughan Blank set for apartment development on Bondi Beach's Hall Street

The Melbourne-based developer, ICD Property, are readying a second mixed-use hotel and apartment tower in the Sydney CBD.

The project at 372 Pitt Street, toward the Haymarket end of Pitt Street near World Square, will be&nbsp;a joint venture between ICD and&nbsp;Belingbak, who appear to be a development arm of new investment firm Belingbak Capital Partners.

Woods Bagot has put together the plans for a 54-level tower,&nbsp;subject to change as the stakeholders continue to work through the architectural design and optimisation process.

<a href="/new-apartments/sydney-nsw">To track this development and be updated on its next stage, enquire here.</a>

<img alt="" height="865" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/icd_pitt_st_sydney_main.jpg" width="1200" />

The&nbsp;project put forward to council, currently valued at around $156 million,&nbsp;is expected to see&nbsp;just a small collection of just 28 apartments, which at the moment start from about level 40, up to the top of the tower. Current plans are for just two apartments per floor from&nbsp;levels 40 to 52,&nbsp;a mix of two and three-bedroom units.

The top two levels are set to&nbsp;home two full-floor, four bedroom penthouses.

There&#39;s expected to be around 288 hotel rooms, running at nine per floor from level seven to 38.

<a href="/new-apartments/sydney-nsw">To track this development and be updated on its next stage, enquire here.</a>

Residents&nbsp;will have access to the extensive amenity which comes in the mixed-use hotel/apartment concept, with a gym, function room and cinema located on level four, a restaurant and bar&nbsp;with a full width terrace on level three, and a ground floor cafe.

&quot;372 Pitt St will be a monumental addition to Sydney, one that blurs the distinction between personal life and leisure as we strive to bring a first to market hotel and hospitality offering to Sydney &ndash; that is inspired by the diversity of people, local character and originality of the streets and scenes that surround us,&quot; the submission to the City of Sydney Council read.

<img alt="" height="1525" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/icd_main.jpg" width="1200" />

&quot;The team&#39;s vision will bring to Sydney a hotel offering with global character and attraction.

&quot;The new hotel through design, brand, and operation will be a catalyst for the precinct delivering quality architecture, urban activation, social and accommodation opportunities and increased job creation.

&quot;It will provide for the increasing tech community at Central and continue to grow the active centre of the CBD towards the south.

&quot;Our proposal is a unique opportunity for increased city amenity and global identity.&quot;

<img alt="" height="1558" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/icd_2.jpg" width="1200" />

ICD, led by Matt Khoo, are working on another mixed-use hotel apartment development <a href="/news/nsw/sydneys-city-tattersall-redevelopment-gets-sign-off-for-apartment-and-hotel-project">just up the road at the popular City Tattersall Club</a>.

That will see the scales tipped toward apartments over the hotel room component, with 241 apartments and 101 hotel rooms to be developed at the 194-204 Pitt Street address.

The 50-storey tower is another joint venture, this one&nbsp;alongside the Singapore-listed First Sponsor. Late last year the project, designed by BVN Architecture with fjmt studio overseeing all heritage designs, received the green light from the&nbsp;Central Sydney Planning Committee.

Woods Bagot has put together the plans for a 54-level tower, subject to change as the stakeholders continue to work through the architectural design and optimisation process

ICD Property plan another Sydney CBD mixed-use hotel and apartment tower

The leading western Sydney developer ALAND is set to deliver an $800 million masterplanned&nbsp;precinct in Merrylands, in Sydney&rsquo;s west.

ALAND&nbsp;has purchased the project &ndash; formerly known as The Opera &ndash; for $75m. It was one of eight development sites up for sale when a receiver was appointed to some parts of the Dyldam Group in January.

The first Stage of the 2.5 hectare&nbsp;development site at 224-240 Pitt Street is currently being rebranded and is scheduled to be released by&nbsp;ALAND&nbsp;in early 2022.

Ryan Lane, ALAND&#39;s&nbsp;Head of Development, described the site&nbsp;as a fantastic acquisition.

&ldquo;In terms of location, you couldn&rsquo;t find better with the site being within strolling distance to a major retail hub and train station, as well as being moments to the beautiful Holroyd Gardens with playgrounds, bike tracks and picnic areas and only a few minutes&rsquo; drive to Parramatta&rsquo;s CBD,&rdquo; Lane said.

The precinct will deliver around 1200 residential apartments set across multiple buildings with a rooftop pool and gardens. The project was unveiled by the Dyldam Group in 2018 but only minor earthworks have been undertaken on the site to date.&nbsp;

The first stage already has approval for 365 apartments set across three buildings and will include approximately 2600 sqm of retail and commercial space, plus basement car park.&nbsp; It will comprise 17 studios, 98 one-bedroom apartments, 219&nbsp;two-bedders,&nbsp;and 31&nbsp;three-bedroom units.

The first stage will include a ground floor central communal space plus two rooftop areas with pool, terrace, barbecue with picnic/seating area. &nbsp;It will be surrounded by generous planting including a communal vegetable and herb garden.

ALAND are expected to appeal to a range of buyers including families.

The first Stage of the 2.5 hectare development site at 224-240 Pitt Street is currently being rebranded and is scheduled to be released by ALAND in early 2022

ALAND bolster 2022 pipeline with $800 million Merrylands precinct

Three years after lodging a development application for 900 apartments in Tallawong in Rouse Hill, local developer CDMA Australia has received planning proposal approval for the $700 million masterplanned project.

The&nbsp;Kann Finch-designed development&nbsp;at 34-42 Tallawong,&nbsp;directly opposite the Tallawong Metro Station and future Town Centre,&nbsp;will home 900 apartments across nine eight-level buildings, as well as a 2,200 sqm public plaza,&nbsp;pending further development approvals from the local council.

The new public piazza will comprise two main zones, one open paved piazza fronting the street and internal green lawns. The plaza will&nbsp;comprises a retail premise and public open space.

A green sp​ine comprising a village green lawn and communal facilities will run through the middle of the development which will be surrounded by an extensive running track.

<img alt="" data-entity-type="" data-entity-uuid="" height="647" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cdma_rouse_hill_3.jpg" width="1200" />

The project is expected to be completed within six or seven years.

CDMA Australia Development Manager, Alex Guan, said after three years of coordination with the NSW Department of Planning, Industry and Environment and local Blacktown Council, the planning proposal was gazetted and officially signed off.

“The height limit of the buildings was increased to 26 metres and the residential yield was increased from 630 units to approximately 900 units subject to DA approval,” he confirmed.

“Significantly, the development has set a new precedent for heights in the area,” he said.

The concept design seeks to create an attractive landscape setting that reflects the surrounding natural bushland character of the Rouse Hill area, while providing a diverse range of outdoor passive and active communal spaces for the residential population.

<img alt="" data-entity-type="" data-entity-uuid="" height="492" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cdma_rouse_hill_4.jpg" width="1200" />

The development will be conveniently located directly opposite the Tallawong Metro Station and new Town Centre which will house two major supermarkets including a Woolworths as well as other retailers.

CDMA has already seen strong demand for its current residential development, Rosella Place, which has sold&nbsp;$30 million worth of apartments&nbsp;since July.

Named after the vibrantly coloured Australian bird which is native to the Rouse Hill area, Rosella Place offers a peaceful, safe community with 357 apartments set across five mid-rise buildings located within a short 100m walk to the newly opened, Tallawong Metro Station.

[smartcode_project:default project_id=93223 project_image_fid=152740]

CDMA Australia’s CEO Richard Wu said since CDMA had entered the Australian marketplace in 2017, the company’s development pipeline had grown gradually with three significant projects either underway or in planning.

“Our first project, Rosella Place has completed its first stage and is now sold out and settled while the second stage will start construction early in the new year.

“Our second project consisting of 900 apartments is located at 34 Tallawong Road and our third project consists of a large-scale masterplanned community in Leppington which we will work on in coming years.

The $700 million development will home 900 apartments across nine eight-level buildings, as well as a 2,200 sqm public plaza. 



CDMA Australia plan for 900 Rouse Hill apartments

Grand Reve is the latest offering from Kassis Homes, set to transform Sydney&rsquo;s north-western suburb of Castle Hill.

Billed as the most prestigious development ever offered in the Hills area,&nbsp;Grand Reve is a&nbsp;collection of 196 contemporary apartments across two towers.

[smartcode_project:default project_id=94147 project_image_fid=152849]

Featuring studio, one, two and three-bedroom apartments, as well as split-level townhouse-style dwellings,&nbsp;Grand Reve has been designed by&nbsp;Turner Studio with a particular focus on outdoor spaces.

&quot;We&#39;re really urbanising the concept of the backyard and integrating that into an urban housing scheme that sits in a suburban context and, therefore, I think we&#39;re going to end up with a unique project and a unique product,&quot; Turner Studio design director&nbsp;Nick Turner&nbsp;said.

A landscaped podium garden, which connects the two towers, features&nbsp;seating pods, resident dining areas, and views across the Hills District.

[smartcode_project:default project_id=94147 project_image_fid=152852]

Altogether, the project will deliver residents three communal garden areas, totalling over 2,000sqm of open space.

Below the two towers is the project&rsquo;s brick base, which houses the&nbsp;open-air concierge, designed with&nbsp;weather-protected corridors and integrated gardens.

&ldquo;The brick base is a unifying form and is representative of the Sydney suburban vernacular&quot;, Turner Studio said. Designed to catch the light, the warm-coloured bricks have been laid to form ornate patterns across the lower levels.

[smartcode_project:default project_id=94147 project_image_fid=152853]

Light in colour, the towers themselves have been designed as sculptural elements, with soft, rounded corners and a feminine form to respond to the spaces within and the views beyond.

Interiors

Designed to suit a wide demographic, the project features a range of layouts, including studios, split-level townhouse-style dwellings, terrace apartments with generous outdoor spaces and penthouse sky-residences.

Each residence offers generously-sized&nbsp;floorplans, open-plan living and dining and&nbsp;2.7-metre high ceilings, while&nbsp;kitchens feature luxuriously-appointed Wolf&nbsp;gas appliances, engineered stone benchtops and brass fixtures.

[smartcode_project:default project_id=94147 project_image_fid=152848]

The combination of substantial forecasted population growth, an existing and expanding retail hub, and the newly established Metro line are all drawcards for buyers to make the move to Castle Hill.

Marketed by McGrath Projects, prices at Grand Reve begin from $560,000 for the 92sqm studio&nbsp;apartment. 
 
[smartcode_project_cta: project_id=94147]

The project boasts a curated collection of 196 contemporary residences and has been billed as the most prestigious development ever offered in the Hills area

max.kwok_55688

Inside the Grand Reve, Castle Hill apartments

The Minister for Planning and Public Spaces Rob Stokes has set strict benchmarks for the assessment of rezonings and development applications by local councils and the state government.

A new planning order accompanied discussion paper have been released to seek reforms:

·           Consistent timelines for planning decisions across the planning system;

·           Powers for the Minister for Planning and Public Spaces to intervene where councils are not upholding their responsibilities;

·           Proposed improvements to the rezoning process to support prompt decision-making, more informed community consultation, and risk-based approaches to assessments, timeframes and fees; and

·           A new planning guarantee requires councils to make timely decisions or face having to refund planning application fees.

“Planning delays increase housing costs and prevent new housing supply from being delivered in a timely manner," Mr Stokes said.

"Our new planning guarantee will give the housing industry confidence that assessment timelines will be achieved.

“Last year we cleared 336 rezoning proposals through the system, paving the way for nearly 34,000 jobs and more than 40,000 homes. 

"These draft reforms will go a step further by reducing timelines by up to a year for standard applications.”

In the interim, a new guideline has also come into effect to better explain the rezoning process and introduce new practices to immediately improve the system, including earlier engagement and categorising proposals based on their complexity.

The Property Council of Australia has weclomed the "critical changes" to planning proposals and rezoning processes.

Property Council’s NSW Executive Director Luke Achterstraat said the changes would address some of the issues and problems which should alleviate pressure on housing affordability and development.
 
“With only 1 of 35 local councils in greater Sydney on track to meet their housing targets, it is clear that greater accountability and timeframes for approvals need to be set,” Mr Achterstraat said.
 
“These changes introduced have included timeframes for assessment of planning proposals which will help planning proposals that have sat in the planning system for unacceptably long periods of time, awaiting assessment.
 
“When a proposed development requires an adjustment to a planning control, the proponent must lodge a planning proposal. The process of obtaining approval can be lengthy, costly, uncertain and onerous, for even minor amendments.
 
“One application was sitting in system for nine years. This uncertainty deters investment and development, and adds additional holdings costs to development, which then drives up the cost of housing and property.”
 
Mr Achterstraat said planning proposal process over the years had become increasingly complex, lengthy and difficult for developers to navigate, with no consistency or certainty in outcomes.
 
“In particular the removal of hostile councils from the assessment and approval of rezonings which have been recognised by the Department of Planning as having merit,” he said.
 
“Previously, if a council refused a rezoning, the proponent could ask for a review by the relevant planning panel and if recognised as having importance, it was given back to the council to finalise, even though the council had previously indicated it did not support the planning proposal.
 
“Fixing our planning system will not happen overnight but the recognition of these supply issues is a very positive step – the Secretary’s focus on delivery, collaboration and trouble-shooting are excellent principles to take into 2022.”
 
For more information and to give feedback on rezoning reforms, visit https://www.planning.nsw.gov.au/rezoning-review.
 

Last year NSW processed 336 rezoning proposals, paving the way for nearly 34,000 jobs and more than 40,000 homes 

jchancellor-FAypfDUnLy

Faster benchmarks for assessment of rezonings and development applications in NSW

Central Element's Pienza Neutral Bay Village project on Sydney’s Lower North Shore has project financing from MaxCap Group.

MaxCap will provide a $109m construction facility to Central Element.

MaxCap also recently announced support for Central Element’s Chatswood project which is due to begin construction later this year.

“Pienza targets the luxury down-sizer market where we have seen continued sales momentum over the past year and projects like this are the perfect means for MaxCap to continue with our renewed push in NSW,” said David Oudshoorn, MaxCap’s NSW state director.

[smartcode_project:default project_id=29544 project_image_fid=188796]

“There is really nothing else like it in the area, right in the heart of Neutral Bay Village.”&nbsp;

Pienza will be a contemporary six-storey building, designed by leading architect SJB with 39 residences sharing a rooftop garden and infinity pool.

There are also two levels of commercial space and basement parking for both residents and the public.

Marketing commenced in November 2021, with the project being sold by CBRE, with construction expected to commence in the first quarter of this year.

[smartcode_project:default project_id=29544 project_image_fid=188793]

Central Element is a privately-owned developer led by directors Wayne Chivas and Shane Smollen with Nathan Chivas as managing director.&nbsp;

Neutral Bay will see settlements this year in Fiducia's 10 top-end residences, the Harriette.

It was designed by PBD Architects with interiors by Alexander &amp; Co and landscaping by Wyer &amp; Co.

[smartcode_project:default project_id=29544 project_image_fid=188791]

There's anticipated $38m gross revenue.

The project has been built by Australex Constructions at 7-9 Harriette Street.

The apartments were listed through McGrath Projects agents Colin Griffin and Murray Wood.

The final release of four had pricing from $3,190,000.

Marketing commenced last November, with the project being sold by CBRE. 

Central Element's Pienza Neutral Bay secures MaxCap funding

Queensgate, the redevelopment of the Bourbon and Beefsteak Hotel in&nbsp;Sydney&#39;s Potts Point, secured over $102 million sales at its opening weekend launch.

Iris Capital&rsquo;s $350 million project saw a number of its 48 apartments snapped up, with huge sales including a 220 sqm, three-bedroom penthouse, bought by a couple from Sydney&#39;s north shore for $16 million.

Three of the 18 sales secured exceeded the $10 million mark, including the sale of a further two penthouses featuring their own private pools.

&ldquo;We are delighted with the sales result to date and are immensely proud of the product that we have worked tirelessly to deliver to market,&rdquo; said Iris Capital CEO Sam Arnaout.

[smartcode_project:default project_id=5570 project_image_fid=180676]

&ldquo;Queensgate has been in planning for seven years so it&rsquo;s no surprise that the response was so overwhelming given the pent-up interest in the project.&rdquo;

Apartment prices start from $1.8 million for a one-bedroom apartment, $2.8 million for two-bedroom, $5 million for three-bedroom, and $10 million for the ultra-indulgent penthouses.

The collection of 48 apartments hit the market on Saturday, instigating a response that CBRE&rsquo;s Ben Stewart described as &ldquo;sensational&rdquo;.

&ldquo;A price point like that of Queensgate&rsquo;s would typically be met with quite a lengthy consideration process, but we had numerous buyers willing to sign on the dotted line the day it hit the market,&rdquo; Stewart said.

[smartcode_project:default project_id=5570 project_image_fid=185763]

&ldquo;Local buyers in particular have been anticipating the arrival of Queensgate for some time, so there was quite a sense of urgency among those eager to put their name against a slice of Potts Point history.&rdquo;

&ldquo;We had anticipated the competitive demand for Queensgate &ndash; as such, a $20,000 deposit was required to secure an expression of interest for an apartment.&rdquo;

&ldquo;This isn&rsquo;t your ordinary collection of luxury homes - you&rsquo;re dealing with an iconic site close to the hearts of many Sydney-siders, not to mention the remarkable architectural feat that Panov Scott and Tonkin Zulaikha Greer have produced.&quot;

[smartcode_project:default project_id=5570 project_image_fid=185762]

The project has been hailed as an architectural reawakening of the 18-32 Darlinghurst Road site which will see the historic fa&ccedil;ade of The Bourbon Hotel retained alongside a brand new collection of residences.

Five separate buildings will be delivered, to be called Sovereign, Regent, Monarch, Consort and Empress, each exuding a differentiated design with their own lobby and no more than 10 apartments in each building.

Each residence has been elevated by artistic finishes, boasting soaring ceilings, a limited collection of private wine cellars, and cavernous walk-in wardrobes, all encased in a breathtaking heritage fa&ccedil;ade.

The project was greenlit by council earlier this year after spending over three years in approvals.

[smartcode_project_cta: project_id=5570]

“Queensgate has been in planning for seven years so it’s no surprise that the response was so overwhelming given the pent-up interest in the project.”

Queensgate, Potts Point apartments net $16m penthouse buyer and over $102m in weekend launch

Discerning homeowners of Castle Residences, an exclusive address on the doorstep of Sydney&rsquo;s Hyde Park, will have access to numerous amenities thanks to a partnership with a luxury hotel brand.

&ldquo;Once upon a time, all the best people lived in a world-class luxury hotel&rdquo;, the developers, United Development Sydney, state.

Think Coco Chanel at The Ritz, Greta Garbo at Chateau Marmont and Cole Porter at the Waldorf Astoria, who all called hotels home.

[smartcode_project:default project_id=7758 project_image_fid=79424]

Castle Residences, too, will see a unique fusion of luxurious living and the hotel services of the international MGallery boutique hotel brand by Accor.

A worldwide leader in the hospitality sector, AccorHotels brings together over 4,100 hotels in 95 countries, with subsidiaries including Swiss&ocirc;tel, Mercure and Sofitel.

Sitting within the historic Porter House, built in 1876, the MGallery hotel will rise five storeys and maintain the building&rsquo;s heritage sandstone fa&ccedil;ade, while the new residential tower soars above.

&nbsp;

[smartcode_project:default project_id=7758 project_image_fid=150437]

Designed by architecture firm Candalepas Associates with interiors by the interior designer StudioAria, the striking modern structure appears to float over the heritage-listed building, interwoven to achieve a balance of beauty and liveability.

The Manhattan-style apartments feature sculptural cantilevers, alcoves and honeycomb-like arches.

&ldquo;I can imagine, in years to come, that Porter House and the new tower building will merge into one in people&rsquo;s consciousness, as if the entire assembly always coexisted&rdquo;, architect Angelo Candalepas said.

[smartcode_project:default project_id=7758 project_image_fid=150452]

Residents will experience hotel luxuries and world-class amenities offering a new level of convenience for Sydney as privileged members of the world-class AccorHotels community.

Focused on comfort and amenity, services will be accessible to residents via a personalised iPad application.

Below features an extensive list of the hotel services available at Castle Residences:

<ul>
	<li>Dedicated room service</li>
	<li>In-residence catering</li>
	<li>In-residence housekeeping</li>
	<li>In-residence maintenance</li>
	<li>Access to hotel facilities including restaurants, bars, gym, pool and business centre</li>
	<li>Concierge service for restaurant and taxi bookings plus mail and package deliveries</li>
	<li>24-hour security</li>
	<li>Valet parking services</li>
	<li>General service bookings including couriers, dry cleaning and laundry</li>
</ul>

The project is expected to reach completion in 2022.

[smartcode_project_cta: project_id=7758]

Castle Residences boasts access to numerous amenities thanks to a partnership with a luxury hotel brand

What extra luxuries residents at Castle Residences, Sydney, get as part of AccorHotels partnership

There&#39;s set to be a fresh wave of international returnees over 2022, as Australia once again reopens its borders fully to the world of investors and students.

Some of Sydney&#39;s top developers&nbsp;have been planning for the eventuality, acquiring development sites and timing the launch of their projects to coincide with the expected 2022-rush for apartments.

There&#39;s already been a notable move for the unit market toward the end of 2021, with houses becoming unaffordable for the vast majority of Australians. The gap between the median price for a house and the median price for an apartment is at record highs.

Urban takes a look at eight developers operating in the NSW that you should keep an eye on in the new year.

<h2>1. Mirvac</h2>

Celebrating its 50th year in operation in 2022, Mirvac has an exciting book of projects across New South Wales next year.

Only recently has Mirvac&nbsp;launched NINE by Mirvac, on the site of the former Channel Nine Studios HQ.&nbsp;

The three-hectare site will home over 440 apartments designed by CHROFI in collaboration with Mirvac Design, and interiors by leading Melbourne design studio, MIM Design.

[smartcode_project:default project_id=93788] 
Above image is an artist&#39;s impression

There will be around 6,500 sqm of open space designed by internationally renowned landscapers McGregor Coxall, with parks, gardens, a lawn for active play, sheltered barbecues and a children&rsquo;s playground.

Mirvac&#39;s next stage of their Green Square redevelopment, The Frederick, has also just been launched.

The striking 23-level building,&nbsp;with a striking curvilinear form, is a&nbsp;collaboration between Smart Design Studio and Mirvac Design. That will have 152 apartments when completed in 2023.

[smartcode_project:default project_id=109956 project_image_fid=186240] 
Above image is an artist&#39;s impression

The ASX-listed developer will also be seeking approval for a 2022 launch of Coonara, West Pennant Hills, which will see 418 dwellings built on a 26-hectare block of land focused on the natural environment.

Bordering the Cumberland State Forest, around 10 hectares of remnant bushland will be dedicated to the NSW Government as public open space.

<h2>2. Thir​d.i Group</h2>

Launched in 2006, Third.i has spent over 15 years creating award-winning projects across the residential and commercial sectors.

The Sydney-based developer&rsquo;s current development pipeline, projects either in planning or under construction, exceeds $2.5 billion in value across Australia and the UK.

Late this year, Third.i submitted a development application to the City of Newcastle for its fourth West End apartment project, the 180-residence Dairy Farmers Towers.

<img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/dairy_farm_towers.jpg" width="1200" />

The group is also aiming to start the second stage of construction on Balfour Place, a mixed-use Lindfield development in collaboration with Coles Group, in the first quarter of 2022, in what is set to be an exciting year.

The current DA approval sees the 7,091sqm site set to become a luxury residential tower built atop a brand-new Coles supermarket, Liquorland, caf&eacute; and a heritage commercial space.

<h2>3. Iris Capital</h2>

Iris Capital, led by the local hotelier and developer Sam Arnaout and originally boasting a substantial portfolio of assets in the hospitality industry, has ramped up its involvement in the&nbsp;residential sector over the last decade.

Founded in 1995, the development group has delivered a number of integrated residential and mixed-use development across the Sydney region.

Launching its $350 million Potts Point redevelopment Queensgate this month, Iris Capital is expected to see a hot year of sales across its five apartments buildings in the harbourside precinct.

[smartcode_project:default project_id=5570 project_image_fid=180676]

Just 48 high-end apartments will be on offer across a selection of one, two and three-bedroom apartments, in addition to an exclusive collection of ultra-luxury penthouses with private pools.

The stage one completion of Ea​st End, one, two and three-bedroom coastal apartments in Newcastle, has helped cement its place on this must-watch list.

Another who has made the move north, Iris recently launched Victoria &amp; Albert, their first Gold Coast apartment project, and recently secured a prime development site on the Surfers Paradise dress circle Garfield Terrace.

<h2>4. Coronation Property</h2>

Run by Sydney locals, Coronation Property has brought a fresh perspective to urban precincts across Sydney since its inception in 2012.

As a fully-integrated developer, the group controls every part of the development process, from initial design to construction and building management.

Coronation has a track record for delivering great residential developments across Western Sydney including the Paper Mill Precinct in Liverpool. They have 8 Phillip Street in Parramatta currently under construction

Its latest development, Mason &amp; Main, combines the established neighbourhood character of Merrylands with convenient proximity to Sydney&rsquo;s second CBD of Parramatta.

[smartcode_project:default project_id=13693 project_image_fid=34741]

The residence offers 346 residences in one, two and three-bedroom configurations, designed by Woods Bagot.

<h2>5.&nbsp;ALAND</h2>

Established in 2002, ALAND is an Australian-owned family business with over 20 years of experience, and a hit with locals given their long relationship sponsoring the Parramatta Eels.

A specialist builder and developer delivering state-of-the-art contemporary residential projects across the Sydney region, the group now boasts a portfolio of over 2,800 completed apartments.

Now selling in Sydney, is the group&rsquo;s Parramatta project, Paramount on Parkes, offering 294 apartments bordering the well-known horse racing spot, Rosehill.

[smartcode_project:default project_id=9198 project_image_fid=164868]

The 42-level tower will offer expansive one, two and three-bedroom residences with plenty of storage, as well as a number of amenities.

The ALAND team will also see their&nbsp;Liverpool residences at the Hoxton reach completion mid-next year, alongside the Schofield development, Schofield Gardens.

[smartcode_project:default project_id=9198 project_image_fid=164874]

<h2>6. Deicorp</h2>

With over $2.5 billion of residential, retail and commercial real estate in the pipeline, privately-owned development group Deicorp has secured its place on this list for the second year in a row.

Founded in 1999, they have delivered over 8,000 apartments and sold over 1,000 apartments across the calendar year.

Last month, <a href="/news/nsw/deicorp-secure-polding-centre-sydney-apartment-development-site">Deicorp secured the development rights</a> to a 61-storey mixed-use development on the site of the Polding Centre in the Sydney CBD, which will likely hit the market in 2022.

Work has also started on developer Deicorp&rsquo;s $750 million Tallawong Village project in north-west Sydney.

[smartcode_project:default project_id=106821]

The first stage will present a mix of 333 one, two and three-bedroom apartments, forming part of a masterplanned precinct steps from the Sydney Metro line.

<h2>7. Top Spring</h2>

Top Spring has acquired a reputation for its quality developments over its near-three-decade history, completing over 20 development projects in 12 cities around the globe.

The Australian arm, based in Sydney, has the strength of local expertise backed up by a powerful international market presence and knowledge.

Beginning demolition this month to make way for Munro House, a new Elizabeth Bay residence, the group is expected to start construction on the 30 luxury apartments next year.

[smartcode_project:default project_id=100691 project_image_fid=186113]

In 2022, the company also aims to cement its reputation for delivering high-end residential living with a new 18-residence Double Bay project, according to Top Spring Australia&#39;s managing director, Sydney Ma.

&ldquo;In line with our premium project at Elizabeth Bay, Munro House, this project will encapsulate all the hallmarks that Top Spring Australia is known for, including new technology, art, green spaces and contemporary design,&rdquo; Ma&nbsp;said.

<h2>8. TOGA Group</h2>

A leading Australian property group with a portfolio across Australia, New Zealand and Europe, TOGA currently has several major projects under construction.

Founded by Ervin Vidor in 1963, in coming years TOGA is on-track to launch a pipeline of more than 5,000 apartments and an expansive portfolio of vibrant retail and short-term accommodation.

Among the group&rsquo;s developments includes Surry Hills Village, the mixed-use development and precinct on the corner of Cleveland and Baptist Street.

[smartcode_project:default project_id=9302 project_image_fid=29318]

Due for completed in early 2024, Surry Hills Village will home 122 apartments and a 102-room hotel, as well as 12,000 sqm of commercial and retail spaces.

SJB Architects has designed the development in collaboration with development partners Iain Halliday and BKH,&nbsp;Aspect Studios&nbsp;director Sacha Coles and Studio Prineas architect and principal Eva-Marie Prineas.

TOGA are also 50 per cent sold at their Marrickville development, Wicks Place, which will have 272 apartments atop a number&nbsp;of retail spaces when complete in late 2023.

There&#39;s a site TOGA are working on in Penrith, as well as a 150-apartment project&nbsp;in Kensington, which they are hoping to launch in Q1 2022.

Urban takes a look at ten developers operating in the NSW that you should keep an eye on in the new year. 

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