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?

A record-breaking $4.775 million has been paid off the plan for a Mona Vale penthouse.

The sale has set a new suburb record for the northern beaches suburb. 
 
The 230sqm property, located at 50&ndash;52 Golf Avenue Mona Vale, is in IPM&rsquo;s luxury Iluka development.

It is three bedrooms, three bathrooms with 190 sqm internal space and 40 sqm external.

It is a full-floor residence offering views over Mona Vale Beach and Golf Club on its Q3, 2022 scheduled completion. 
&nbsp; 
According to real estate agency Domain Residential, the previous suburb record was $3.2 million.&nbsp;

The record was previously held in Mona Vale by an off-the-plan penthouse at the Ivory development.

<img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/golf_ave_mona.jpg" width="1200" />

Iluka has been architecturally designed by PBD Architects and with interiors by interiors studio Mim Design.

Iluka will have 14 three bedroom residences amid green landscaping by Black Beetle.

It was first launched to market in February, with just five now remaining for sale by IPM which has been developing boutique residences for the owner occupier market for over 40 years.

The penthouse was sold by Peter Grant from Domain Residential, who said the purchasers were a local couple downsizing from their existing home in Mona Vale.

&ldquo;We are experiencing strong interest from both the existing local buyers who are doubling down on the suburb after selling the family home, as well as a growing contingent of buyers from Sydney and Melbourne who are looking to relocate and enjoy a more relaxed coastal lifestyle,&rdquo; he said.

<img alt="" height="799" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/golf_ave_mona_.jpg" width="1200" />

The northern beaches suburbs have experienced strong price growth and demand over the past 12 months spurred by a post-COVID lifestyle change and relative scarcity of product.

Mona Vale has been a stand-out performer with the median suburb price increasing to $1,172,500, representing a staggering 23.8 percent price rise in the year to December 2020.

Steven Sroba from IPM said Iluka&rsquo;s location, coupled with the dedication to quality materials and a stellar design team, had proved popular at a time Sydney&rsquo;s northern beaches outperformed many of its inner-city counterparts.

&ldquo;This project really hit the market at exactly the right time, as Sydney&rsquo;s northern beaches have proven an incredibly sound lifestyle and investment choice for a growing number of discerning owner occupiers.

Other suburbs on the northern beaches has seen records too including an apartment in Narrabeen for $3,775,000 and The Boathouse at Avalon, a waterfront with jetty development, for $4,250,000.

The residences remaining for sale, range from 115sqm to 156sqm with terraces up to an additional 186sqm on title.

&nbsp;

The 230 sqm apartment, located at 50–52 Golf Avenue, Mona Vale, was sold off-the-plan in IPM’s luxury Iluka development

jchancellor

Record $4.775 million paid off the plan for IPM's Iluka, Mona Vale penthouse

A Rose Bay apartment development site has fetched $6.65 million at recent auction.

There were just the three bidders at the Cooley auction room for the former Energy Australia substation site.

Two bidders completed over the course of the last $1 million for the offering at 3-5 The Avenue, Rose Bay.

It sold to the opening bidder who offered $5.4 million for the decommissioned substation set within moments of village shops, cafes, Harris Farm Markets and Parisis Food Hall.

<img alt="" height="763" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/rose_bay_substation_1.jpg" width="1200" />

The mostly cleared site came with a freestanding solid double brick structure with high walls with the opportunity to use the structure as a foundation for its redevelopment

The Raine &amp; Horne marketing suggested it had &quot;fantastic potential to create luxury contemporary apartments.&quot;

Rose Bay has seen a surge in new apartment projects including the sellout The Benson.

Other luxury projects have included The Carlisle at 33-37 Carlisle Street, and Richmond Rose at 6-8 Richmond Road.

Two bidders competed over the last $1 million for the former Energy Australia substation site

Rose Bay substation apartment development site sells for $6.65 million

Two apartments in developer Garry Rothwell’s Winten Group were sold last week.

The first sale was when the pharmaceutical entreprenuer David Duchen sold his three bedroom Potts Point sub-penthouse for $7.05 million at 22/22 Wylde Street following the death of his wife, Brenda Duchen last year.

Duchen’s adjoining three bedroom investment apartment then sold for about $4 million, used by nursing care staff having previously been a $1800 a week rental.

The two apartments were developed by Garry Rothwell’s Winten Group costing $2.65 million in 2001 and then the second for $2.75 million in 2009.

Their son Steve Duchen purchased the nearby Omnia penthouse and a studio two years ago for $15.7 million.

Two apartments in the development by Garry Rothwell’s Winten Group were sold last week

$7.05 million Potts Point trophy apartment tops Sydney's sales list

Greenwich&rsquo;s newest luxury apartment development Akoya will offer facilities including a virtual golf simulator.

It is an eight-storey, 40-apartment seniors living development currently being built at 2 Greenwich Rd.&nbsp;

The project is being developed by the Alceon Group in partnership with NGS Super, which was established in 1988 as an industry super fund for people who work in education and community-focused organisations. Alceon is headed by Trevor Loewensohn and Phil Green.

[smartcode_project:default project_id=21877 project_image_fid=82705]

The 2140 sqm site was bought in late 2019 at $18 million after Northside Group&rsquo;s Greenwich clinic, the second hospital to open under entreprenuer Paul Ramsay in 1973, was closed in 2016.

Artazan Property Group has been appointed the project manager.

Designed by renowned Architects Marchese Partners, all its one, two and three-bedroom apartments will have studies.

The shared facilities include the Club Lounge, with its virtual golf driving range simulator.

There will also be a 10-seat cinema, private dining room, wine cellar and a library with fireplace.&nbsp;

There will be an on-site cafe/restaurant.

Apartment prices start from $1.35 million to $4.85 million through Alex Hillston and Tim Abbott at Ray White Lower North Shore Projects.

Greenwich’s newest luxury seniors apartment development Akoya will offer facilities including a virtual golf driving range simulator

Greenwich luxury seniors apartment block Akoya will have virtual golf simulator

Mirvac secured the weekend sellout of its new land release in Sydney&#39;s rural far south west.

The initial 28 lots at The Village Menangle near Campbelltown, were the first new land release by Mirvac for five years.

Set 56 kilometres from the CBD, the sales sat between $444,900 and $505,900.

The lots were sold on Saturday after buyers registered online last week.

The registrations were capped at 125 but went well beyond that, Toby Long, general manager residential development for Mirvac in NSW told The Australian Financial Review.

Noting the area was still mostly rural Long suggested it&rsquo;s &ldquo;almost like we were selling a feeling rather than property&rdquo;.

Mirvac has worked with Wollondilly Council to develop The Village design guidelines to help builders create homes that sit comfortably within the Heritage Conservation Area.

The NSW Government has prompted Macarthur as the major destination for retail, tertiary education and health services, with expansion of Macarthur Square, Campbelltown Hospital, Campbelltown Private Hospital, the University of Western Sydney and Campbelltown TAFE.

In 2017 the state government announced a 958-hectare land release to make way for 3000 new homes and a town centre in rural Menangle Park.

Mirvac has sold out its first new land release in south west Sydney for five years

Mirvac sells out its first new land release in Sydney's Menangle

The leading property developer Cbus Property have topped out their residential mixed-use project The Langston in Sydney&#39;s Epping.

The topping out came of their 29-storey Langston Tower, which will be the tallest tower of three to be built by Hutchinson Builders.&nbsp;

The Langston Tower&nbsp;will be flanked with two further towers, the 24 level The Central, as well as a 19-level tower yet to be named. The trio of towers will home 462 apartments which are expected to be completed by the end of 2021.

[smartcode_project:default project_id=6074 project_image_fid=71828]

The Langston, located 100 metres from Epping Station, will also home a 2,750 sqm public plaza which adjoins a 2,100 sqm mixed-use retail precinct which will include a supermarker, cafes, restaurants and a number of retail tenances.

Cbus Property CEO Adrian Pozzo said the topping out, attended by Hutchinson Builders chairman Scott Hutchinson&nbsp;and City of Parramatta Lord Mayor Bob Dywer, marks an important step in the revitalization of the Epping Town Centre.

&ldquo;To have the physical structure of The Langston completed is a major achievement for our entire project team &ndash; and we&rsquo;re now focussed on pushing ahead into the final stages of the construction,&rdquo; Mr Pozzo said.

&ldquo;We&rsquo;ve been committed to developing this site for a number of years, so to reach this stage in the development is not only an exciting milestone for us, but also for the future face of Epping.

[smartcode_project:default project_id=29936]

&ldquo;The Langston is a major contributor to the Epping Town Centre, providing new housing opposite a major transport hub, as well as brand-new retail offerings and an extensive public domain that links pedestrians from the station through to the eastern side of the suburb.

The event included the placement of a ceremonial magnolia tree atop Langston Tower to mark the occasion.

Architectus have designed the three towers.

Architectus senior associate&nbsp;Gary Henighen believes The Langston will be a distinctive landmark in Sydney&rsquo;s north-west.

&ldquo;The Langston will feature abundant amenity and premium features akin to that of inner-CBD residential projects,&rdquo; Mr Henighen said.

[smartcode_project:default project_id=6074 project_image_fid=71820]

&ldquo;Architectus&rsquo; design thoughtfully responds to the changing market conditions, including the rapid growth of the region, links to the new metro line and increased expectations for apartment living following the COVID-19 pandemic.

&ldquo;The Langston will provide residents with a luxurious, hotel-style experience and externally, the curvaceous form of the buildings maximises the spectacular 360-degree views over Sydney&rsquo;s city skyline and the Blue Mountains.&quot;

There will be a swimming pool with a pool deck and cabanas, a wellness hub with gym and exercise spaces, a sky lounge with terrace and private dining spaces and an on-site co-working space.

Prices start&nbsp;from $580,000 for a one-bedroom apartment or $790,000 for a two-bedroom apartment.

The topping out came of their 29-storey Langston Tower, which will be the tallest tower of three to be built by Hutchinson Builders

Cbus Property top out Epping apartment development The Langston

The Sydney developer Deicorp have topped out Highline, the first stage of their&nbsp;Greater Western Sydney project Westmead Rise.

Highline,&nbsp;inspired by&nbsp;New York&#39;s famous 1.45-mile-long elevated linear park The High Line, has been designed by the multi-award winning architects Turner Studio.

There will be 556 studio, one, two and three bedrooms across the five buildings. Residents are expected to move in by August.

There&#39;s been a strong uptake so far from staff from the local Westmead hospital, as well as those keen on the new transport infrastructure in construction neatby.

First home buyers have also shown interest, trying to get the foot on the ladder.&nbsp;

Deicorp&rsquo;s founder and managing director Fouad Deiri said Highline is&nbsp;the best-connected project ever built by Deicorp.

&ldquo;To be on the doorstep of the new Light Rail, the existing Westmead Train Station and the new Metro Station will ensure this project is hugely popular,&quot; Deiri said.

&quot;Combine this convenience with being right in the heart of the biggest medical, health and education precinct in Australia,&nbsp;and Highline will be sought after for years to come.&rdquo;

[smartcode_project:default project_id=6114 project_image_fid=48464]

Turner Studio said Highline&nbsp;looks at providing a mix of architectural styles to the precinct allowing for a varied street scape.

&quot;The design of each building maximise views and outlook, to either the adjacent Lot 1 heritage building and associated lawns, the reserve between Lots 4 &amp; 5, and the substantial district views towards Parramatta CBD to the east and the Blue Mountains to the west,&quot; Turner Studio advise on their website.

The one bedroom apartments are priced from $545,000, two bedders from $690,000 and three bedroom apartments from $1,035,000.

[smartcode_project:default project_id=6114 project_image_fid=48468]

Each will have kitchen featuring stone benchtops and will be kitted out with Smeg appliances.

Most apartments will have a study or a multi-purpose room.

Highline will feature resort-style&nbsp;facilities including a pool with sundecks and cabanas, barbecue and dining area and a function room.

[smartcode_project:default project_id=6114 project_image_fid=48473]

The masterplanned Westmead Rise community will have 10 residential buildings when completed with over 900 apartments.&nbsp;

About the developer

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.

There will be 556 studio, one, two and three bedrooms across the five buildings

Deicorp top out Westmead project Highline

One of Australia’s most successful residential property developers, Meriton, has continued to make a significant impact on the property landscape in 2021.

Since its formation in 1963, Meriton has grown to become the nation’s largest apartment developer.

Founded by billionaire property entrepreneur Harry Triguboff, the developer is known for its sophisticated designs and high-quality apartments.

With developments all across NSW to choose from, Urban&nbsp;selected just four of the newest on offer across inner-city Sydney.

1.&nbsp;Orchid,&nbsp;Eastgardens 
Address: 9 Oscar Place,&nbsp;Eastgardens&nbsp;NSW 2036 
Two-bedroom apartments from $835,000

[smartcode_project:default project_id=29389 project_image_fid=85679]

Orchid is the final stage in Meriton's&nbsp;Pagewood Green, delivering 256 residences in various configurations.

Designed by PTW, the stunning interiors flow seamlessly from the indoor living area to outdoor entertaining balconies and terraces.

Rooftop garden retreats on Level 17 boast elevated dining pavilions, lush gardens and panoramic views.

Pagewood Green&nbsp;will boast its very own 6,000sqm retail precinct anchored by a major national supermarket and an array of supporting retailers including food, medical and leisure.&nbsp;

2.&nbsp;Polo Collection, Rosebery 
Address: 55 Rothschild Avenue, Rosebery NSW 2018 
Two-bedroom apartments from $710,000

[smartcode_project:default project_id=7588 project_image_fid=72298]

Set amongst tree-lined streets and only minutes from the CBD, Polo Collection pays homage to Rosebery’s industrial past while providing residents with a home&nbsp;of the future.

Polo Collection comprises 275 luxury apartments with grand proportions across four striking buildings.

Developed by&nbsp;Meriton, the project connects residents to the Sydney CBD, Green Square and the harbour as one of the city’s most connected inner-city suburbs.

Designed by&nbsp;SJB, the homes boast a modern and distinctive style, with floor-to-ceiling glass, expansive floorplans and views over Sweetacres Park. &nbsp;

3. Spectrum, Mascot 
Address: 42&nbsp;Church Avenue, Mascot NSW 2020 
Two-bedroom apartments from $1,025,000

[smartcode_project:default project_id=5873 project_image_fid=72323]

Secluded from busy roads on a prime corner position, Spectrum presents four boutique residential towers in Mascot.

Delivering 367 spacious apartments,&nbsp;Meriton’s new Bayside development features inspired design, ample storage and premium finishes.

Spectrum enjoys&nbsp;Due North&nbsp;and east views towards the Sydney city skyline, as well as resort-style amenities, including a gym and sauna.

The site is located in close proximity to beautiful parks and podium gardens.

4. Viola, Eastgardens 
Address: 3 Finch Drive, Eastgardens NSW 2036 
Two-bedroom apartments from $995,000

[smartcode_project:default project_id=29390 project_image_fid=85686]

Viola is the third stage in&nbsp;the Pagewood Green master-planned community described by Meriton's Harry Triguboff as his most ambitious project in 50 years.

Designed by&nbsp;Fox Johnston, it combines&nbsp;luxurious oversized apartments with never-to-be-built-out views of the city and championship golf courses offering buyers a rare opportunity to purchase their dream property in the affluent eastern suburbs of Sydney.

Offering a superb collection of 175 apartments over 16 levels designed for a lifetime of quality and comfort, resort style facilities include an indoor pool, spa and sauna, fully equipped gymnasium, onsite childcare centres and onsite supermarket, retail shops and cafes.

Urban takes a closer look at what is on offer across the Meriton range in Sydney's inner circle.

jordan_55689

The best of Meriton's inner-city Sydney apartments

Sydney apartments saw the second strongest price growth across the nation&#39;s apartment market over April,&nbsp;according to property data firm CoreLogic.

Values rose 1.3 per cent, only second to Darwin&#39;s 2.7 per cent rise.

It puts Sydney&#39;s rolling quarterly apartment gain at 4.7 per cent, following jumps of 2.1 per cent in March and 1.2 per cent&nbsp;across February.

Sydney&#39;s median apartment value is now $771,859&nbsp;up from the&nbsp;$755,360&nbsp;last month and $734,198 at the start of the year.

The main gains across the last six months or so across the country&nbsp;have been found in the housing&nbsp;sector, which is expected to taper off as the growth has been deemed &quot;unsustainable.&quot;

And that growth is likely to give a shot in the arm to the more affordable apartment sector.

CoreLogic&#39;s&nbsp;research director, Tim Lawless, says the pace of capital gains in the housing market could slow further over the coming months as inventory levels rise and affordability constraints dampen&nbsp;demand.

&ldquo;The slowdown in housing value appreciation is unsurprising given the rapid rate of growth seen over the past six months, especially in the context of subdued wages growth. With housing prices rising faster than incomes, it&rsquo;s likely price sensitive sectors of the market, such as first home buyers and lower income households, are finding it harder to save for a deposit and transactional costs.&rdquo;

&quot;There is already some evidence of fewer first time buyers in the market, with the Australian Bureau of Statistics reporting a -4.0% fall in the value of first home buyer home loans through February, the first drop since May last year.

<h2>Apartments and townhouses across Sydney under the growing median&nbsp;</h2>

Bloom Arncliffe

Price - Two bedroom apartments from $710,000

[smartcode_project:default project_id=6201 project_image_fid=89013]

Developed by Wingate, Bloom offers a collection of 318 one, two and three-bedroom ready-to-go apartments in Bayside Council&rsquo;s ward two suburb,&nbsp;Arncliffe.

The development spans across seven buildings and boasts ground-floor restaurants and retailers, views over Botany Bay and private entertaining balconies.

Each apartment, designed by&nbsp;Stephen Bowers&nbsp;Architects, offers a dedicated study room, floor-to-ceiling windows and the latest appliances.

Georgette, Schofields

Price -&nbsp;Two bedroom apartments from $535,000

[smartcode_project:default project_id=32227 project_image_fid=93952]

Georgette is the second stage of&nbsp;Positive Investment Enterprise&rsquo;s Kew&nbsp;Schofields&nbsp;project, integrating convenient living with natural beauty in one of Sydney&rsquo;s newest suburbs,&nbsp;Schofields.

Designed by&nbsp;PBD Architects, the light-filled apartments in one and two-bedroom configurations feature ample storage, extended gardens and state-of-the-art energy and storage innovations thanks to a partnership with Tesla.

Eminence, Zetland 
 
Price - One bedroom apartments from $745,000

[smartcode_project:default project_id=21882]

A trio of buildings,&nbsp;Mirvac&rsquo;s 254-apartment Eminence project commands four street frontages between Green Square and the Sydney CBD.

The development offers onsite retail, 1,840 sqm of lush podium gardens and a 75-place childcare centre.

Designed by&nbsp;DKO&nbsp;Architecture, the property showcases high-quality finishes and fixtures, and carefully curated residences.

Some apartments include their own private rooftop terraces and others with uninterrupted CBD and Botany Bay views.

The adjacent Gunyama Park Aquatic and Recreation Centre includes beach-inspired pools, open-air training facilities and playgrounds.

The growth in the housing sector has been deemed "unsustainable" which is pushing buyers to apartments

May 2021: How did the Sydney apartment market perform in April?

In mid-2019, <a href="/news/st-leonards-new-43-storey-tower-the-landmark-commences-construction">we reported on the groundbreaking of a St Leonards site</a> which would soon be home to Sydney&#39;s new 43-storey skyscraper, <a href="/buildings/the-landmark-st-leonards-500-pacific-highway-st-leonards-nsw-2065">The Landmark</a>. This month The Landmark is set to celebrate its topping out, with a ceremony to be held later this month ahead of the building&#39;s completion in October.&nbsp;

As the development nears the end of the construction timeline, the boutique collection of 7 penthouses are now available for sale, with price points ranging from $11m to $18m. Only five homes remain due to two properties being snapped up in the early stages of the launch.&nbsp;

<a href="/buildings/the-landmark-st-leonards-500-pacific-highway-st-leonards-nsw-2065"><img alt="" height="1272" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/thelandmark-2.png" width="2306" /></a>

<a href="/buildings/the-landmark-st-leonards-500-pacific-highway-st-leonards-nsw-2065"><img alt="" height="1200" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/thelandmark-11.png" width="2386" /></a>

<a href="/buildings/the-landmark-st-leonards-500-pacific-highway-st-leonards-nsw-2065"><img alt="" height="1320" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/thelandmark-3.png" width="2388" /></a>

Designed by award-winning architects A+ Design Group in association with Warren &amp; Mahoney, each penthouse features unique elements including, sculptural staircases, private lifts and koi ponds.

Purchasers will be able to customise their homes with furniture pieces from luxury brands including Fendi Casa, Versace Home, Armani Casa, and Bugatti Home.

<a href="/buildings/the-landmark-st-leonards-500-pacific-highway-st-leonards-nsw-2065"><img alt="" height="1320" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/thelandmark-14.png" width="2384" /></a>

The Landmark is located in Sydney&#39;s lower north shore, which is currently experiencing rapid market growth, due to its close proximity to major employment hubs and improved access to infrastructure. The area is set to reach 5,600 residents by 2036, making it a popular suburb among both investors and owner-occupiers.&nbsp;

Infrastructure upgrades in the area could also contribute to the increase in demand for property, with the $112 million North Shore Health Hub offering medical care and employment in surgery, physiotherapy, pharmacy, dentistry, allied health, research and education services. The&nbsp;projected health and technology sectors in the area will deliver up to 7,130 new jobs over the next two decades.

Colliers International Residential Director, Blake Schulze, has noticed a growing demand for luxury penthouses in recent months.&nbsp;

&quot;We have also experienced increasing enquiry on both Aqualuna at Milsons Point and Merrinda at Kurraba Point. The majority of the enquiry has been from owner-occupiers currently living on the Lower North Shore and a smaller selection from interstate.&quot;

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Urban has also identified an increase in demand for luxury housing, with a 42% uptake in enquiries for properties over $1.5m in Sydney over the last 12 months compared to 2020. So far in 2021, Queensland has seen a staggering 86% increase in enquiries on luxury apartments and townhouses valued at over $1.5 million and a 19% increase in Victoria.&nbsp;

&quot;We&#39;re seeing our downsizer audience continue to gravitate toward the luxury end of the market; projects with strong amenity and high-quality penthouse options are getting a lot of attention.&quot;

Mike Bird, CEO Apartments.com.au

<a href="/buildings/the-landmark-st-leonards-500-pacific-highway-st-leonards-nsw-2065"><img alt="" height="1342" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/thelandmark-8.png" width="928" /></a>

Apartment living can offer some of the most incredible views in a city &ndash; with The Landmark&#39;s seven two-storey penthouses showcasing&nbsp;uninterrupted panoramic views spanning the northern beaches to Sydney Harbour and the Blue Mountains.&nbsp;

&quot;The increasing levels of demand for luxury off-the-plan apartments in Sydney is primarily driven due to the continual growth and high price points being achieved in the established house market. Due to this, we have experienced a growing number of downsizers which are intending to sell their homes and opting for a recently completed or off-the-plan apartment. In addition to this, the record low interest rates is further influencing increasing demand.

Majority of purchasers are local, primarily from the North Shore. We have had a small proportion of offshore buyers due to the challenges to travel with international boarder restrictions. We anticipate the demand for off-the-plan apartments within Sydney will increase as the boarders open.&quot;

Blake Schulze, Residential Director, Colliers

It will be interesting to observe sales statistics over the coming months as travel restrictions ease and more buyers enter the property market.&nbsp;

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Read next:&nbsp;<a href="/news/st-leonards-new-43-storey-tower-the-landmark-commences-construction">St Leonards&#39; new 43-storey tower &#39;The Landmark&#39; commences construction</a>

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