Gold Coast-based developer <a href="https://www.apartments.com.au/developers/ignite-projects">Ignite Projects</a> has lodged a Development Application for a landmark $120 million precinct set to transform the southern gateway of the much-loved Spit.

Positioned at the most prominent entry point to the iconic peninsula, the project has been designed with a strong focus on architecture, public space, heritage and connectivity, delivering a revitalised parkland setting that invites locals and visitors to engage with the Broadwater.

Central to The Isles proposal is a significantly upgraded public realm, including landscaped open space, a new waterfront café, and a family-friendly park featuring a naval-themed playground, open lawns and improved pedestrian connections.

<img alt="Ignite Projects unveils exciting details of landmark gateway precinct for the Spit" data-entity-type="file" data-entity-uuid="de83a270-6091-4b26-bed0-86f9248e7f9e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20Isles%201.jpg?VersionId=vt79HlCOwV9F7eLQe9.Z3bv9JGLMaSP2" />

The design retains and celebrates key elements of the site’s history. The training mast from the vacant and degraded naval cadet building, which forms part of a former Navy minesweeper, will be preserved. The existing Navy Memorial will be relocated and upgraded in collaboration with the RSL, allowing it to be publicly accessible for the first time in years. 
&nbsp; 
Heritage-listed Humphreys Boat Shed remnants will remain and be incorporated into the landscape, while the site’s established Norfolk Pines will be retained, reinforcing the area’s character and sense of place. The enhanced parkland will ultimately create a long-term community asset at the entry to The Spit. 
&nbsp; 
The Development Application (DA) lodged with Gold Coast City Council includes 28 waterfront apartments across three levels, ranging in size from 145sqm to 383sqm, designed as a feature landmark within the precinct and complement the public domain.

<img alt="Ignite Projects unveils exciting details of landmark gateway precinct for the Spit" data-entity-type="file" data-entity-uuid="bbf94e00-b56a-47fb-a15d-3d17b0b1ec76" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20Isles%203.jpg?VersionId=A0vmBNE_KohYJo1EoZcmF5IVW4tT5aDo" /> 
&nbsp; 
Ignite Projects Director Josh Foote said the project as a whole had been carefully shaped to deliver a meaningful outcome for the wider community, not just future residents. 
&nbsp; 
“This is about more than delivering opulent apartments – it’s about creating a welcoming and memorable gateway to The Spit that people can enjoy every day,” Mr Foote said. 
&nbsp; 
“We’ve worked hard to ensure the public realm is a central part of the project, from the landscaped parklands and family-friendly spaces through to the preservation and celebration of important local heritage.”

<img alt="Ignite Projects unveils exciting details of landmark gateway precinct for the Spit" data-entity-type="file" data-entity-uuid="443bbde5-8221-45f8-a549-dad2623df20c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20Isles%204.jpg?VersionId=iUl6nc.sHkjMdo_1RigwbwUz_celHJ3H" /> 
&nbsp; 
Designed by <a href="https://www.apartments.com.au/architects/contreras-earl-architecture">Contreras Earl Architecture</a>, The Isles adopts a considered subtropical approach, with the building form shaped to maximise natural light, cross ventilation and views to the Broadwater and surrounding parklands. 
&nbsp; 
Architect Rafael Contreras said the design responded directly to its unique coastal setting. 
&nbsp; 
“Rather than a typical built form, the architecture has been shaped by performance and experience – from optimising outlook and privacy to creating a strong connection to landscape and climate,” Mr Contreras said. 
&nbsp; 
“A central landscaped courtyard allows light, air and greenery to permeate the building, while the articulated façade introduces movement and rhythm inspired by the Broadwater.

“The Isles will create a place where people can gather, relax and connect with the water, while also delivering a refined residential product that responds to its unique setting.”

<img alt="Ignite Projects unveils exciting details of landmark gateway precinct for the Spit" data-entity-type="file" data-entity-uuid="1089570d-1120-4302-9900-fb9f75c75c26" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20Isles%205.jpg?VersionId=pl9qmKZNbaL3A7XjmD7sjhLwmXaqzzLZ" /> 
&nbsp; 
The DA relates to the residential and public realm components, with a proposed boutique marina to be progressed as part of a future stage, subject to separate approvals. 
&nbsp; 
The Isles is being delivered under The Spit Master Plan, a collaborative vision to create a new residential, tourism, leisure, natural environment and cultural heritage hub on the iconic and much-loved peninsula.&nbsp; 
&nbsp; 
Ignite Projects has an established track record delivering premium residential projects across the Gold Coast, including The Monaco at Main Beach and Cabana at Palm Beach. 
&nbsp; 
Sales for The Isles are expected to commence in coming months from an on-site display suite, with construction targeted to begin later this year, subject to approvals.

Joel Robinson

Ignite Projects unveils exciting details of landmark gateway precinct for the Spit

The Federal Government’s sweeping changes to negative gearing and capital gains tax could trigger an unintended consequence: a surge of investor demand into the new and off the plan apartment sector.

While Treasurer Jim Chalmers has framed the reforms as a way to improve housing affordability and rebalance the tax system, the carve-outs for newly built housing are already positioning off the plan apartments as one of the few remaining tax-effective property investment plays.

Under the changes handed down in the Federal Budget, investors purchasing established properties after budget night will no longer be able to access negative gearing benefits. The Government will also replace the long-standing 50 per cent capital gains tax discount with a new inflation-indexation model and introduce a minimum 30 per cent tax on gains from July 2027.

However, there is a major exemption.

Investors buying new builds, including off the plan apartments, will still be eligible for negative gearing and will be able to choose between retaining the current 50 per cent CGT discount or adopting the new indexed model.

That distinction is expected to reshape investor behaviour almost immediately.

For years, established housing has dominated investor purchases because of its perceived lower risk, immediate rental returns and stronger historical capital growth. But with the tax advantages now heavily skewed toward new housing supply, the economics are changing rapidly.

The Federal Government has been explicit about its intent.

“The housing market and tax system are broken,” Chalmers said ahead of the Budget, arguing that existing concessions were disproportionately rewarding speculation rather than supporting housing supply.

The Government says the reforms are designed to encourage investment into new housing rather than established stock, a move aimed at increasing supply during a prolonged housing shortage.

According to the official Budget papers, limiting negative gearing to newly built homes is intended to “better align tax incentives with housing supply objectives.”

For the apartment development sector, particularly the off the plan market, the changes could become one of the strongest investor tailwinds in years.

Developers across Sydney, Melbourne and Brisbane have spent the past two years battling elevated construction costs, higher interest rates and subdued investor confidence. Many projects have struggled to secure sufficient pre-sales to commence construction, particularly in markets heavily reliant on investor demand.

The Budget changes may now alter that equation.

Investors seeking tax-effective property exposure will increasingly find themselves funnelled toward newly built apartments simply because established dwellings no longer offer the same benefits.

Commonwealth Bank described the reforms as one of the most significant shifts to residential property investment settings in decades, noting that the package is centred around “limiting negative gearing for residential property to new builds” while replacing the existing CGT framework.

That could have profound implications for the apartment sector.

Off the plan apartments already hold several advantages for investors. Purchasers typically secure a property at today’s price while settlement occurs years later, allowing time for capital growth and reducing the upfront capital burden. Brand-new apartments also generally attract depreciation benefits, lower maintenance costs, and stronger appeal to renters seeking modern amenity.

Now, they may also become one of the only residential property types still offering the full suite of historical tax advantages.

Industry analysts expect investor demand to increasingly migrate toward projects that can clearly demonstrate strong rental demand, transport connectivity and long-term supply constraints.

The shift is likely to be particularly pronounced in apartment markets already underpinned by structural undersupply, including inner Brisbane, the Gold Coast, parts of Sydney’s Lower North Shore and select Melbourne precincts where new apartment commencements have collapsed over recent years.

The reforms also arrive at a time when apartment supply nationally remains critically constrained.

Australia is already struggling to meet the Federal Government’s target of delivering 1.2 million new homes over five years. Construction feasibility pressures have delayed or shelved thousands of apartments across the country, particularly as building costs remain elevated and financing conditions remain tight.

Critics of the Budget changes argue the reforms could reduce overall investor participation in the housing market and place upward pressure on rents by discouraging investment in established housing.

Some economists estimate the measures could reduce housing supply over the longer term if overall investor appetite weakens.

However, the Government is betting that redirecting investor capital into new housing supply will offset those concerns.

“To continue to incentivise construction of new housing, investors building new residential properties will be able to choose either the 50 per cent CGT discount or the new arrangements,” the Budget papers stated.

That wording has been closely watched by the development industry because it effectively positions new apartments as the preferred investment class within residential property.

For off the plan developers, the reforms could become a powerful sales tool.

Projects that have increasingly relied on owner-occupier demand may once again attract investors seeking to preserve the tax advantages still attached to newly built housing before the July 2027 changes take effect.

The reforms are also expected to sharpen the divide between established and new housing markets.

Rather than a broad investor retreat from property altogether, many analysts expect a redistribution of capital toward sectors still supported by Government incentives.

That could create stronger demand for apartment projects in key urban growth corridors and transit-oriented precincts where population growth, migration and rental shortages remain elevated.

The policy direction also aligns with the Government’s broader push toward increasing housing density in established urban areas.

Across Sydney, Brisbane and Melbourne, planning reforms are increasingly encouraging higher-density apartment development around transport infrastructure and activity centres. By maintaining tax incentives for new housing, the Federal Government is effectively reinforcing that agenda from a taxation perspective.

For apartment developers who have spent years navigating subdued investor confidence, the changes may ultimately become the catalyst that reactivates parts of the off the plan market.

While the broader property sector is still digesting the long-term implications of the Budget, one thing is already becoming clear.

The era of investors buying established apartments and houses primarily for tax advantages may be ending.

But for off the plan apartments, the investment story may just be beginning.

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Investors to flood off the plan apartment market?

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 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]

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

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 Polish community has long been associated with the inner-west Sydney suburb of Ashfield, going back to the end of the second world war, shortly after the Polish settlers arrived.

Over the years, The Polish Club has evolved and has become a landmark in the area on its Norton Street site.

Now Deicorp, in partnership with the Polish Club, will transform the site in to a mixed-use precinct with a brand new&nbsp;club which will cover more than 1,800 sqm and will home a number of bars, restaurants,&nbsp;a meeting room and facilities for club members.

The residential component will be known as The Anders, and will comprise 88 apartments designed by Nordon Jago.

The Anders is&nbsp;named after Polish General Władysław&nbsp;Anders, who was a prominent military leader in the Polish army during the Second World War.

[smartcode_project:default project_id=90405 project_image_fid=162043]

Deicorp&#39;s Robert Furolo says there will be interest from two broad groups, people for whom Ashfield is a priority, and people who want to live the inner-west lifestyle.

&quot;It&#39;s an accessible entry point for those who many not be able to find something in Stanmore or Petersham,&quot; Furolo suggested.

Furolo says there&#39;s not a lot of competition around Ashfield.

&quot;The Anders presents a good and rare opportunity to secure an apartment in a new building so close to the town centre.&quot;

Deicorp&rsquo;s founder and managing director&nbsp;Fouad Deiri said how proud he was that Deicorp was a trusted partner of so many community clubs and was able to help them deliver the facilities they couldn&rsquo;t deliver by themselves.

&ldquo;We are very excited about this partnership with the Polish Club of Ashfield and we&rsquo;re looking forward to delivering another outstanding result for a great community organisation.&rdquo; Deicorp&rsquo;s managing director Fouad Deiri said.

&ldquo;This project will provide great new facility for the Polish community as well as a beautiful residential apartment with all the benefits of Sydney&rsquo;s Inner West lifestyle.&rdquo; Mr Deiri added.

About the developer

This project takes to nearly 2,000 the number of apartments currently under construction by Deicorp across Sydney and continues the company&rsquo;s focus on transport-connected developments.

Founded in 1999.&nbsp;Deicorp first entered the Sydney development scene in&nbsp;Newtown with a three&nbsp;storey residential development. Since then they&#39;ve delivered over 8,000 apartments,&nbsp;150,000 sqm of retail and commercial suites and has over $2.5 billion of work in the pipeline.

Deicorp <a href="/news/nsw/deicorp-top-out-westmead-project-highline">recently&nbsp;topped out Highline</a>, the first stage of their&nbsp;Greater Western Sydney project Westmead Rise.

The residential component of the redevelopment will be known as The Anders, and will comprise 88 apartments designed by Nordon Jago.


Deicorp start constructing The Anders apartments, part of mixed-use Ashfield development

The forward-thinking architect Koichi Takada has been&nbsp;one of the hottest commodities&nbsp;on the residential design circuit for over a decade in Australia.

His firm, Koichi Takada Architects, whose approach is to&nbsp;create&nbsp;organically inspired places so the world can reconnect with a more natural, intuitive and conscious future, has been behind some of the most impressive buildings across Australia.

They&#39;ve designed&nbsp;the luxury Crown Group projects Skye in North Sydney, Waterfall by Crown in Waterloo and Infinity by Crown at Green Square, as well as the award-winning mixed use Crown development Arc in the Sydney CBD.

The team was also engaged by FORME, the Brisbane-based developer, to create Norfolk at Burleigh Heads, one of the Gold Coast&#39;s most expensive projects in the last few years. Recently completed, that netted an average sale price of around $4 million for its 15 apartments, including a record $9&nbsp;million penthouse sale. That sold 90 per cent of its apartments within two months of its launch.

The Sydney developer, Abadeen Group, founded and led by the long-time CBRE Residential Projects Chairman&nbsp;Justin Brown, have had Takada work on two of their upcoming developments, the most anticipated being Koyo,&nbsp;a boutique collection of 27 apartments in the heart of Crows Nest.

[smartcode_project:default project_id=108800 project_image_fid=179476]

Koyo, a Japanese terms which refers to the changing colours of the leaves in autumn, has been geared toward the owner-occupier, with its generously-sized living and outdoor areas.

Takada said he was inspired by the parks and the deciduous trees in the area.

&quot;We really&nbsp;wanted to bring that external element of nature into the internal space&quot;, Takada said.

There will be 18-three bedroom apartments, predominantly&nbsp;located at each corner of the development to have the larger outdoor spaces, as well as seven two-bedroom apartments and two-one bedroom apartments. They all have parking, and a number have an additional study or courtyard.

[smartcode_project:default project_id=108800 project_image_fid=179475]

There was a big focus to bring the outdoor in in the&nbsp;10 courtyard apartments, which will feature leafy outdoor areas. The apartments have been designed to take advantage of cross ventilation and to take in as much natural light as possible.

Abadeen are offering buyers to upgrade the apartments with a number of exclusive options, which can include adding a built-in bar, a timber-crafted study nook, or the addition of&nbsp;a fireplace in the living room.

Justin Brown, who founded Abadeen over two decades ago,&nbsp;expects the North Shore owner-occupier market to be the dominant buyer, tapping in to the booing downsizer market.

&nbsp;

[smartcode_project:default project_id=108800 project_image_fid=179488]

&quot;The location of Koyo is almost the epicentre of so many different areas&quot;, Brown says.

&quot;It is equidistant to North Sydney, Cammeray and Neutral Bay.

&quot;There&#39;s a lot of growth&nbsp;happening in North Sydney from a commercial perspective and with the new Metro trains - we really believe it&rsquo;s going to be such a key location for people who wanted to be close to work.

&quot;Koyo is also&nbsp;surrounded by a number of schools, which will open the door for families with school aged children to be interested in the larger three bedroom apartments.&quot;

Completion is expected in early 2023, with the North Sydney Council recently giving the green light to the development.

Abadeen are also developing Koyo&#39;s sister project, Enso, located in Neutral Bay, with just the nine apartments in the boutique block. That&#39;s due for launch later this year.

[smartcode_project_cta: project_id=108800]

Koyo, a Japanese terms which refers to the changing colours of the leaves in autumn, has been geared toward the owner-occupier, with its generously-sized living and outdoor areas

Abadeen Group launch Koichi Takada-designed Koyo apartments at Crows Nest

The City of Sydney&rsquo;s Affordable Housing Program, endorsed by the Minister for Planning, Rob Stokes, introduces a charge for the delivery new homes that will now apply across Central Sydney and much of the City of Sydney local government area.

Minister Stokes announced last week the making of a new plan that will push up the price of new housing in the City of Sydney.

The NSW Government has signed off on a new tax of up to 3% on the production of new homes in the City of Sydney Council area.

[smartcode_project:default project_id=7317 project_image_fid=79239]

Urban Taskforce CEO Tom Forrest said, &quot;both the Minister and Clover Moore are well meaning, but you don&rsquo;t create affordable housing by adding additional charges to the production of new homes.&quot;

&quot;The NSW Productivity Commission recognised this conundrum in their review of infrastructure fees and charges. This change goes in the very opposite direction. This is a new tax on new homes to be paid by new home buyers.&nbsp;Prices will go up.&quot;

&quot;Housing affordability is one of the biggest issues facing governments at all levels. But the NSW Government has simply done what the Mayor of Sydney wants &ndash; no questions asked &ndash; no economic analysis applied.&quot;

&quot;The key to housing affordability is more supply &ndash; not extra taxes on those who are trying to solve the affordability problem by creating more homes.&quot;

&quot;It is high-time the penny dropped with the NSW Government &ndash; it is the drought of planning approvals that has caused this housing affordability crisis and urgent policy reform is needed.&quot;

&quot;Unfortunately, while well meaning, today&rsquo;s announcement is a step in the wrong direction.&quot;

&quot;Clover Moore is no-doubt popular &ndash; but we are in trouble if we take her advice on housing affordability!&quot;

The NSW Government has signed off on a new tax of up to 3% on the production of new homes in the City of Sydney Council area

jordan_55689

New production tax to push up price of new housing in City of Sydney

EXPERT INSIGHT

Price growth in the early part of 2021 has been beyond impressive in many locations across Australia - it&rsquo;s been exponential.

Every three months, Hotspotting analyses sales activity and prices for every suburb and town in the nation, for the quarterly editions of The Price Predictor Index.

In updating the median prices for each location, it&rsquo;s impossible to avoid the conclusion that something extraordinary has been happening in many of our property markets.

The change in median prices in just three months has been, in many cases, mind-boggling. At Bondi Beach in Sydney, the median house price three months ago was $2,820,000. Now it&rsquo;s $3,100,000. That&rsquo;s an increase of $280,000 in just three months.

At Noosa Heads in Queensland, the median house price has risen from $1,150,000 to $1,400,000, an increase of $250,000 - 22% - in three months. And at Byron Bay, the median house price has gone from $1,835,000 to $2,220,000. 
 
It&rsquo;s happening also in some of the nation&rsquo;s apartment markets. In Kogarah in Sydney, the median unit price has risen from $685,000 to $785,000, a rise 15% in three months, while the median unit price in Rose Bay has increased $125,000, St Ives is up $100,000 and Lindfield $125,000 in that time frame.

[smartcode_project:default project_id=6201 project_image_fid=89013]

Here are some Sydney examples of median price rises over the past 3 months:

<ul>
	<li>Lindfield, houses up from $2,750,000 to $3,120,000, units up from $1,200,000 to $1,325,000.</li>
	<li>Bronte, houses up from $3,400,000 to $3,890,000.</li>
	<li>Cremorne, houses from $2,800,000 to $3,000,000, units from $1,125,000 to $1,170,000.</li>
	<li>Croydon, houses from $1,570,000 to $1,770,000.</li>
	<li>Kogarah, houses from $1,305,000 to $1,405,000, units from $685,000 to $785,000.</li>
	<li>Fairlight, units from $1,425,000 to $1,560,000.</li>
	<li>Freshwater, houses from $2,480,000 to $2,660,000, units from $890,000 to $940,000.</li>
	<li>Kensington, houses from $2,445,000 to $2,680,000.</li>
	<li>Granville, houses from $730,000 to $805,000.</li>
	<li>Coogee, houses from $2,900,000 to $3,125,000.</li>
	<li>Kirrawee, units from $690,000 to $740,000.</li>
	<li>Jannali, units from $665,000 to $730,000.</li>
	<li>Canley Vale, houses from $810,000 to $880,000.</li>
	<li>Collaroy, houses from $2,400,000 to $2,580,000, units from $875,000 to $905,000.</li>
	<li>Naremburn, houses from $2,280,000 to $2,620,000.</li>
	<li>North Sydney, units from $945,000 to $1,025,000.</li>
	<li>Rose Bay, houses from $3,810,000 to $3,960,000, units from $1,475,000 to $1,600,000.</li>
	<li>Woolloomooloo, units from $935,000 to $1,280,000.</li>
	<li>Seaforth, houses from $2,690,000 to $2,895,000.</li>
	<li>St Ives, houses from $2,040,000 to $2,175,000, units from $1,020,000 to $1,120,000.</li>
</ul>

Examples of median price rises in Regional Queensland include these:

<ul>
	<li>Minyama, houses up from $1,315,000 to $1,400,000.</li>
	<li>Mudjimba, houses from $770,000 to $845,000, units from $445,000 to $485,000.</li>
	<li>Noosa Heads, houses from $1,150,000 to $1,400,000, units from $905,000 to $960,000.</li>
	<li>Maleny, houses from $675,000 to $720,000.</li>
	<li>Mermaid Beach, houses from $1,350,000 to $1,440,000, units from $440,000 to $475,000.</li>
	<li>Burleigh Waters, houses from $820,000 to $870,000, units from $415,000 to $465,000.</li>
	<li>Palm Cove Cairns, houses from $670,000 to $745,000, units from $265,000 to $310,000.</li>
</ul>

[smartcode_project:default project_id=22057 project_image_fid=150842]

And examples from Regional NSW include these:

<ul>
	<li>Wentworth Falls, houses up from $675,000 to $770,000.</li>
	<li>Byron Bay, houses from $1,835,000 to $2,220,000.</li>
	<li>Gerringong, houses from $890,000 to $995,000.</li>
	<li>Kiama, houses from $980,000 to $1,050,000, units from $630,000 to $680,000.</li>
	<li>Kingscliff, houses from $1,165,000 to $1,240,000 and units from $620,000 to $690,000.</li>
	<li>Merimbula, houses from $625,000 to $720,000.</li>
	<li>Yamba, houses from $590,000 to $670,000, units from $450,000 to $510,000.</li>
	<li>Albury, houses from $550,000 to $605,000.</li>
	<li>Moss Vale, houses from $690,000 to $740,000.</li>
</ul>

There are thousands of other similar scenarios from the various markets across Australia.

The change in median prices in just three months has been, in many cases, mind-boggling across Sydney

terryryder

Property price growth has been beyond impressive across Sydney: Hotspotting's Terry Ryder

Coronation Property&rsquo;s latest master-planned community, Mason &amp; Main, offers smart-designed apartments&nbsp;set above an exciting new gourmet dining and fresh food marketplace.

Situated on Merrylands Road, the project offers one, two and three-bedroom configurations with most apartments priced under $650,000.

Designed by Woods Bagot, Mason &amp; Main offers a green roof, communal amenities and public space on the ground floor with commercial premises.

Check out five&nbsp;things Urban loves about Mason &amp; Main.

[smartcode_project:default project_id=31751 project_image_fid=160996]

<h2>1. Delivered by a leading Australian developer</h2>

Australian owned and operated Coronation Property&nbsp;bring a fresh perspective to urban precincts across Sydney.

The award-winning developer has a focus on mixed-use developments, combining deep local knowledge with decades of development experience.&nbsp; As proud Sydney locals, they&nbsp;work to create vibrant communities where people thrive.

Other projects Coronation have worked developed include The Foundry, The Gild, The Bindery and The Paper Mill.

<h2>2. Designed by an award-winning Australian architecture firm</h2>

Founded in Adelaide, Woods Bagot is now a global architectural practice with studios spanning six regions.

The firm, which prioritises &ldquo;human experience and delivers engaging, future-oriented projects for its clients&rdquo;, has become synonymous with deeply-considered and innovative design, engaging clients and communities in their design process.

Past projects by the firm include the Ivy in Sydney, the Wynyard Walk, which connects Wynyard Station to the Barangaroo waterfront, and the 184-residence mixed-use&nbsp;Collins Arch&nbsp;project in Melbourne.

[smartcode_project:default project_id=31751 project_image_fid=160998]

<h2>3. The master-planned community and the location</h2>

Local produce and a world of flavours are on your door step as Mason &amp; Main&nbsp;add&nbsp;to the vibrant neighbourhood culture of Merrylands with a range of new places to shop and dine.

Everything you need is in walking distance to Mason &amp; Main, from Stockland Shopping Centre directly opposite, to Merrylands train station just 350m away.

There are many places to enjoy the great outdoors close to home, such as Holroyd Gardens, Granville Park, Merrylands Park and the Central Gardens Nature Reserve.

Merrylands is known for its eclectic mix of places to eat and shop, and is just&nbsp;three&nbsp;kilometres from the Parramatta CBD.

<h2>4.&nbsp;Amenities inside and out</h2>

Packed with amenity inside as well as those scattered in the masterplanned community and wider area, there&#39;s plenty of features on offer for residents.

Enjoy a private oasis on the resident-only resort level, including a pool with day beds, a gym, lush garden cabanas, and barbecue&nbsp;areas.

Constructed by MN Builders, every feature is completed to a high standard of quality.

Besides the luxury residential facilities, there is the vibrant eat street and fresh food marketplace precinct at your door.

School and learning facilities nearby include&nbsp;Key College,&nbsp;Merrylands Public School,&nbsp;Merrylands High School and Granville Boys High School.

[smartcode_project:default project_id=31751 project_image_fid=161007]

<h2>5. Apartments designed to adapt at an affordable price</h2>

Apartments at Mason &amp; Main are filled with natural light and maximise indoor-outdoor living, with large balconies and terraces enjoying vistas to the Blue Mountains and the CBD.

The main bedroom, living, dining, and balcony all enjoy a direct northerly aspect, and with only one common wall the living and dining areas enjoy light from two sides.

Most apartments include large multipurpose rooms, maximising flexibility and longevity. These rooms enjoy natural light, custom joinery, and the ability to be completely closed off, perfect for working from home, or for setting up a guest bedroom or nursery.

The development&#39;s bespoke apartment finishes come with two distinct colour schemes to choose from.

The project has received a large response from locals and first home buyers, with studio&#39;s priced from $395,000 and one-bedrooms from $500,000.

Two bedders start at $564,000&nbsp;and 3 bedders at $879,000.

Coronation Property’s latest master-planned community, Mason & Main, offers smartly designed apartments, set above an exciting new gourmet dining and fresh food marketplace.

Why Mason & Main is set to become Merrylands new hotspot

There was just the one bid when the luxury 10th floor apartment at 1006/56 Carr Street, Coogee went to recent auction.

And the $3.5 million offer was enough for auctioneer Damien Cooley to secure its sale through Christie's International.

The top floor offering at 56 Carr Street, in the Coogee View complex had three bedrooms, two bathrooms plus double garaging.

There was a gourmet kitchen with beach views.

It last sold at $625,000 in 1995.

The 1995 complex was developed by the Singapore based Prima Holdings Pty Ltd who secured three-bedroom sales at a record $725,000.

There was a three bedroom apartment sale at $2.55 million earlier this year which had first sold at $460,000 in 1995.

Another three bedroom, with 143sqm internal living and double lock up garage on the ninth floor, fetched $4.385 million last June.

There was just the one bid of $3,500,000 for 1006/56 Carr Street, Coogee

jchancellor

One bid auction secures Coogee trophy top floor apartment

Often compared against some of the greatest cities in the world, Sydney boasts great employment opportunities, stunning beaches and diverse cultural offerings.

The city&rsquo;s southern suburbs are undergoing great transformation, delivering a family-friendly atmosphere, budding gentrification and affordable housing.

Two of Michael Yardney&rsquo;s top 15 suburbs to invest in this year are located in the region, Bexley and Kogarah, displaying the great investment opportunities on offer for homebuyers, investors and downsizers.

With many brand-new developments now on the market, Urban takes a look at five new one-bedroom apartments available in Sydney&rsquo;s southern suburbs under $599,000.

1. Bloom Arncliffe 
Address: 213 Princes Highway, Arncliffe NSW 2205 
One-bedroom apartments from $595,000

[smartcode_project:default project_id=6201 project_image_fid=89013]

Situated in Sydney&rsquo;s south, Bloom boasts a collection of 318 residences in one, two and three-bedroom configurations.

Developed by Wingate, the project spans seven buildings and features ground-floor restaurants and retailers for the convenience of residents, as well as views over Botany Bay and private entertaining balconies.

Each apartment, designed by Stephen Bowers Architects, offers floor-to-ceiling windows, a dedicated study room, and the latest appliances.

2. Kogarah Grand 
Address: 78 Regent Street, Kogarah NSW 2217 
One-bedroom apartments from $599,000

[smartcode_project:default project_id=13642 project_image_fid=154104]

Delivered by Modern Developments, Kogarah Grand offers all of the vibrancy and convenience of urban living with a selection of one, two and three-bedroom apartments.

Situated in the heart of Kogarah village, the apartment building is immersed in a transforming community with renowned beaches, retail centres and great schools.

The architecturally designed building features floor-to-ceiling windows, views across Monterrey and Brighton-Le-Sands, and spacious living rooms.

3. Slate Caringbah 
Address: 2-4 Hinkler Avenue, Caringbah NSW 2229 
One-bedroom apartments from $575,000

[smartcode_project:default project_id=7724 project_image_fid=26030]

Set over five floors, Slate is the newest south Sydney offering from developers Bexgrove.

Designed by PSEC Project Services, the project features one, two and three-bedroom apartments with private courtyards, native landscaping and premium finishes.

Carefully designed, the project boasts a north-east facing fa&ccedil;ade, bold geometric architecture, spacious open-plan interiors and a stylish integration of natural materials.

Slate delivers residents an idyllic lifestyle in an exceptional beachside location, with a rare combination of coastal amenity and central living.

4. The Mitchell, Jannali 
Address: 11-15 Mitchell Avenue, Jannali NSW 2226 
One-bedroom apartments from $565,000

[smartcode_project:default project_id=7393 project_image_fid=44135]

Located in the tranquil Jannali, the Mitchell is moments away from local offerings and Cronulla&rsquo;s vibrant beach culture.

Delivered by Truland, the complex features a collection of one, two and three-bedroom residences that boast contemporary living at an affordable price.

A sophisticated design defines this project, with stone finishes, landscaped greenery and open-plan living.

The homes, designed by PBD Architects, also feature sunlit terraces, floor-to-ceiling glass and views of Jannali&rsquo;s natural surrounds.

Sydney's southern suburbs are undergoing great transformation, delivering a family-friendly atmosphere, budding gentrification and affordable housing

max.kwok_55688

July 2021: Four brand-new apartments in South Sydney under $599,000

Lendlease has secured $2 billion in apartment sales across its two luxury towers at One Sydney Harbour in the Barangaroo harbourside precinct.

Ben Christie, head of residential at Lendlease, advised 90 per cent of the buyers were Australian.

The buyers have been mostly from Sydney, with a mix of downsizers, singles and families.

Lendlease says prices in the Residences Two, a 68-level tower, start with one-bedroom apartment at $2 million plus.

Two bedrooms are priced from $3.5 million.

The three bedrooms start at $5 million and upwards of $12 million with the best Opera House and Sydney Harbour Bridges views.

<img alt="" height="777" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/one_sydney_harbour_1.jpg" width="1200" />

The Australian Financial Review reported Residences One, was now 85 per cent sold.

Its three-level penthouse sold for $100 million to a Chinese buyer who also spent $40 million on a lower floor space.

The 4140 million space, on the upper floors designed by Italian architect Renzo Piano in collaboration with the interior design team who created the private apartments in London&rsquo;s tallest building, the Shard, have been described as reflecting &quot;an investment in international design rarely seen in Australia outside the private property market.&quot;

Some seven whole floor apartments were purchased at an average cost of $40 million.

Christie told The Australian it had accelerated the on-market launch of Residences Two owing to high levels of demand from locally based owner occupiers.

<img alt="" height="858" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/one_sydney_harbour_two.jpg" width="1200" />

More than 20 per cent sold to previous Lendlease customers, along with customer referrals from Residences One purchasers.

The 235m-tall Residences Two tower will have 322 units across 68 levels, designed in a collaboration between Pritzker Prize winning architect Renzo Piano.

The interiors are by Daniel Goldberg of State of Craft and Chris Darling of Darling &amp; Associates.

Lendlease has sold $2 billion across its two luxury towers at One Sydney Harbour in the Barangaroo harbourside precinct

Lendlease secures $2 billion off the plan sales at One Sydney Harbour, Barangaroo 

Nestled amongst verdant parklands, you&rsquo;ll find the tranquil Pavilions Residences, an exciting, newly completed development by one of Australia&rsquo;s leading developers, Mirvac.

Situated in the heart of Greater Sydney&#39;s sporting district, Pavilions by Mirvac offers residents a vibrant lifestyle, with world-class amenities, eateries and transport on their doorstep.&nbsp;

A selection of one, two and three bedroom apartments, terrace homes and Sky Homes are currently available for sale.

[smartcode_project:default project_id=7363 project_image_fid=89973]

Urban has shortlisted five reasons why buyer&rsquo;s should consider an apartment in Pavilions.

<h2>1. Developed by Mirvac and BVN Architects</h2>

Mirvac is one of Australia&rsquo;s leading developers with many of their projects designed by their in-house design team.

With currently $24 billion of assets under management in Sydney, Melbourne, Brisbane and Perth, Mirvac has a solid record of continually delivering a quality product.

BVN, whose HQ is in Sydney, has an international footprint and global reputation for design leadership and innovation, with offices as far as New York. The firm has won more Sir John Sulman Medals than any other Australian practice.

<h2>2. Designed by BVN Architects</h2>

Mirvac&#39;s in house design team worked with the internationally renowned BVN Architecture on Pavilions. BVN has a global reputation for design 
 
leadership and innovation, with offices as far as New York. The firm has won more Sir John Sulman Medals than any other Australian practice.

They&#39;ve worked on the likes of the Greenland Centre in the Sydney CBD, Brisbane&#39;s Ascot House, in the multi-stage Ascot Green development, and the 430 Pitt Street, a hotel designed with a sloping green waterfall, also in Sydney.

[smartcode_project:default project_id=7363 project_image_fid=89987]

<h2>3. The apartments</h2>

Touted as Mirvac&#39;s largest-ever single stage residential project, the four-tower project offers a distinct range of 1, 2 &amp; 3 bedroom apartments, terrace homes and Sky Homes.

Each home is light and spacious, with timeless interior design, high-quality appliances and an abundance of storage. All properties have been designed to suit every lifestyle.&nbsp;

<h2>4. The location and amenities</h2>

[smartcode_project:default project_id=7363 project_image_fid=41840]

Located within the Sydney Olympic Park precinct, the site is 16 kilometres west of the Sydney CBD and nine kilometres from the Parramatta CBD.&nbsp;

Living in Sydney Olympic Park means having access to public transport amenities like the Sydney Olympic Park station, Australia Avenue bus stop, Concord West Station and a future proposed metro rail which will see a tram reach the city in less than 20 minutes.

As well as being a short stroll to local cafes and restaurant, Pavilions by Mirvac features its own alfresco dining facilities, part of the central 4,500 square metre courtyard which brings residents of all four towers together.

[smartcode_project:default project_id=7363 project_image_fid=89977]

Other amenities include a fully equipped on-site gym, a community room and a multifunction space complete with a kitchen.

The shared space has also been designed with families in mind, complete with a dedicated playground.

<h2>5. Sustainable building and design measures</h2>

<a href="/buildings/pavilions-residences-2-figtree-drive-sydney-olympic-park"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/coffee_bag_wall.jpg" /></a> 
Pictured is a feature wall made of recycled coffee bags

In line with Mirvac&rsquo;s sustainability goals and those of its cornerstone investor, the Clean Energy Finance Corporation, LIV Indigo has been designed to achieve 40 per cent less greenhouse gas emissions. Energy and water-saving measures include upgraded glazing to improve thermal performance, LED lighting throughout, energy-efficient appliances, solar power and water efficient taps, toilets, showers and washing machines.

Residents will also have access to electric vehicle charging stations and connection to Sydney Olympic Park&rsquo;s recycled water network. One of the apartments was showcased by Mirvac as part of their efforts for a circular economy.

In collaboration with the University of New South Wales Centre of Sustainable Materials Research and Technology (SMaRT), Mirvac have utilized technology to turn waste materials into &quot;green ceramics&quot;, which were used throughout one of their display&nbsp;apartments. To see Urban&#39;s tour of the apartment, <a href="/news/nsw/mirvac-make-concerted-circular-economy-effort-with-apartment-made-of-waste">click here</a>.

Situated in the heart of Greater Sydney's sporting district, Pavilions by Mirvac offers residents a vibrant lifestyle, with world-class amenities, eateries and transport on their doorstep. 

Five reasons why Mirvac's Pavilions should be on a buyer's shortlist

Expat buying at the top end of the market are leading the way of the changing market.

That&#39;s the view of Colliers Residential director Peter Kerras, who says across Australian media you could say we have a strong fascination with the Australian housing market &ndash; however it doesn&rsquo;t seem to be the case when he speaks to expats.

&quot;A lot of expats who are living in Hong Kong, Singapore, Shanghai, and London to a lesser degree, have no issue with apartment living, because they&#39;ve been doing it for a number of years,&quot; Kerras says, adding that it&#39;s around 80 per cent of expats now buying at the top level.

Kerras, who has been selling apartments across Sydney for over three decades, says for some time we have seen overseas purchaser numbers reduce.

&quot;Previously across our projects we saw a lot of offshore buyers with many based in China,&quot; Kerras says.

&quot;Currently however we are seeing more expats wanting to return to Australia and are actively buying off-the-plan&rdquo;, Kerras noted.

The current strength has been seen far and wide across Sydney&#39;s main prestige areas, from the&nbsp;Upper&nbsp;North&nbsp;Shore to the likes of Vaucluse and Double Bay in the east.

There were three expat buyers in the&nbsp;Avance&nbsp;developed Merrinda at&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://www.urban.com.au/developments/kurraba-point-nsw&amp;source=gmail&amp;ust=1621557175455000&amp;usg=AFQjCNGj5PeMYw8_2JO51pjdtC9Uyy_mfw" href="/developments/kurraba-point-nsw-2089" target="_blank">Kurraba Point</a>, the boutique development of just 14 apartments.

[smartcode_project:default project_id=23292 project_image_fid=161976]

There&#39;s only one apartment remaining in the boutique block designed by PBD Architects.

Kerras says developments now have to cater for a different need.

&quot;Larger developments with more investor focused apartments were the norm for a time, however now the pendulum has swung the other way and we are seeing the downsizers buying larger units or amalgamating apartments.&quot;

Kerras noted the further driver of the downsizer demographic, who are now getting a lot more for their houses as Sydney house prices continue to reach record highs.

&quot;There aren&#39;t too many options for a house-sized apartment at that top end&quot;, Kerras said. He&#39;s been seeing more amalgamations of apartment in yet to be complete developments.

[smartcode_project:default project_id=23292 project_image_fid=161972]

Kerras recently sold two amalgamated apartments in The Bond in Bond Junction to an Australian expat doctor living in Hong Kong.

The Koichi Takada-designed development by Capital Corporation will have 80 apartments and a rooftop cinema by its mid-2023 completion.

The expat had initially been seeking a house in Vaucluse, however the additional cost&nbsp;of land tax in the premium harbourside suburb and a weaker rental yield led the buyer to secure two apartments in The Bond.

There&#39;s also been&nbsp;amalgamations at Northview, a boutique project in St&nbsp;Leonards&nbsp;located in Chandos Street&nbsp;which has nearly sold out.

There were only two one bedders, which were bought together and amalgamated to make a 170 sqm apartment. There was another amalgamation, which saw the total number of apartments downgraded from 12 to 10, well before construction even started.

Prices started from $2.25 million and went up to $3.45 million, selling at around $20,000 per sqm.

Kerras says investors are very different from what they used to be.

&quot;The yield of a property was the number one criteria for investors, however that has now completely changed.

&quot;In the prestige area, it&#39;s more about&nbsp;a quality product, from a quality developer with longevity that they can pass on to their&nbsp;children.&quot;

&quot;They&nbsp;are&nbsp;happy to get a yield of around&nbsp;2&nbsp;to 2.25 per cent a year return and put&nbsp;approximately&nbsp;30 to 40 per cent&nbsp;deposit&nbsp;down on the apartment as a safer place to&nbsp;spend&nbsp;their money,&nbsp;as banks in some countries are charging you to keep&nbsp;money in the bank.&quot;

Peter Kerras, who has been selling apartments across Sydney for over three decades, says for some time we have seen overseas purchaser numbers reduce.



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