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?

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Developers have continued to recognise the importance of incorporating open green space into their projects with home buyers increasingly looking for accessible leisure amenities.

Not only does nearby natural space benefit residents’ quality of life but convenient access to landscaped gardens helps foster a sense of community within a project.  

Here are four homes in New South Wales with nearby parklands space for fitness, leisure and relaxation. 
 

1. Allium, Pagewood 
Address: 128 Bunnerong Road, Pagewood NSW 2035 
Two-bedroom apartments from $815,000

[smartcode_project:default project_id=7822]

Meriton’s Pagewood development, Allium, is ideally located to offer families and first home buyers convenient access to championship golf courses, parklands and Sydney’s Eastern beaches.

As well as adjacent green spaces, the 487-apartment development includes podium gardens on the fifth floor, rooftop retreats and extensive turfed area for relaxation and summer dining. 
 

2. Collection, Rouse Hill 
Address: 49 Terry Road, Rouse Hill NSW 2155 
Two-bedroom apartments from $642,500

[smartcode_project:default project_id=6284]

Delivered by Marquess Group, Rouse Hill’s latest development comprising 311 apartments across three buildings offers residents an abundance of open, green space in Sydney’s north-west.

Masterplanned by architects DKO, Collection borders the popular Berowra Valley National Park and includes a meticulously landscaped communal garden for residents’ private use.   
 

3. Orchid, Eastgardens 
Address: 9 Oscar Place, Eastgardens NSW 2036 
Two-bedroom apartments from $835,000

[smartcode_project:default project_id=29389]

Orchid, the final stage of Meriton’s masterplanned Pagewood Green development in Eastgardens, offers a “residential oasis” within Sydney’s East, according to the project marketing.

Offering residents an ideal natural setting to recharge, the development is located nearby surrounding parklands, sporting fields and recreation facilities, including Centennial Park, Lakes Golf Course and the urban bushland at Moore Park. 
 

4. 1-39 Lord Sheffield Circuit, Penrith 
Address: 1-39 Lord Sheffield Circuit, Penrith NSW 2750 
Apartment prices available upon request

[smartcode_project:default project_id=29200]

Urban Property Group’s new Penrith masterplanned community is situated just metres from Penrith train station and local parks.

The community parklands, just moments away, offers playground equipment, open spaces and barbeque facilities that the whole family can enjoy.
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Here are four homes in New South Wales with nearby parklands space for fitness, leisure and relaxation

max.kwok_55688

Property insider guide: 4 stunning NSW homes with adjacent parkland

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Apartments values across Sydney jumped 1.2 per cent over February, according to CoreLogic's monthly Hedonic Home Value Index.

The New South Wales capital was one of the country's strongest performers, joint second with Melbourne and Perth (both +1.2 per cent).

[smartcode_project:default project_id=21882]

The jump in values across Sydney follows -0.1 per cent declines over December and January. The February growth puts Sydney unit values one per cent up on the quarter.

Sydney's median apartment value now sits at $738,254, according to CoreLogic, up from last month's $734,198.

CoreLogic's head of research Tim Lawless says there are tentative signs the trend of the housing market performing considerably stronger than the unit market could become less obvious.

[smartcode_project:default project_id=6798]

Lawless also noted that the weak rental conditions across Sydney and Melbourne unit markets looks to be turning.

"Melbourne unit rents edged higher in February after falling for nine of the previous 10 months", Lawless said.

"The improvement in unit rents across Australia's two largest cities is likely to be at least partially seasonal as demand from domestic students generally rises early in the year, but could also be attributable to more people returning to work in the inner cities as well as workers in some of the hardest hit industries such as hospitality, food and accomodation service returning to employment."
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The New South Wales capital was one of the country's strongest performers, joint second with Melbourne and Perth (both +1.2 per cent).

March 2021: How did Sydney apartment values perform over February?

<html><body>The $16 million plus Point Piper apartment sale on the weekend confirmed the suburb's status as the priciest location for Australian apartments.

The Point Piper penthouse sold on Friday evening, just hours prior to its scheduled Saturday auction.

The whole-floor apartment, within the tightly held Wentworth Place block, comes with three bedrooms and three-bathrooms.

It has views to the Bridge and Opera House.

The Wentworth Street penthouse has 300sq m of internal space plus 300sq m rooftop terracing.

It traded at $3,325,000 in 1993 and at $3.85 million in 1989.

Sydney's Point Piper boasted Australia's highest median unit value, according to CoreLogic’s best of the best 2020 report.

Point Piper took the top spot with a median unit value at $2.28 million, with all the top 10 coming from Sydney.

Nearby Darling Point ranked second at $1.78 million followed by Millers Point at $1.69 million.

Point Piper's top apartment sales over recent years have included 

3/10 Wentworth St, Point Piper, $13.5 million, 2016; 

4/47-49 Wolseley Rd, Point Piper, $13.5 million, 2017; 

4/6 Buckhurst Ave, Point Piper, $16 million, 2017;

72A Wolseley Rd, Point Piper, $14.75 million, 2017;

2/74 Wolseley Rd, Point Piper, $12.35 million 2019;

2/62 Wunulla Rd, Point Piper, 412 million, 2020;

3/10 Longworth Ave, Point Piper, $10.4 million, 2020;

2/124 Wolseley Rd, Point Piper, $13.025 million, 2020. 

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Point Piper is the priciest suburb for apartments across Australia

jchancellor

$16 million plus Point Piper apartment sale

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The NSW Government wants to make it easier for strata schemes to unlock the potential of sustainable energy and infrastructure within apartment complexes.

It proposes to lower the voting threshold from 75 to 50 per cent to get energy efficient projects passed. 

“We know that apartment blocks are lagging behind in the uptake of green energy like solar panels, battery storage and electric vehicle charging points,” Minister for Better Regulation Kevin Anderson said.

“This important change will remove a huge barrier in strata schemes getting sustainability projects over the line.

“Importantly, in time these measures will ease cost of living pressures by encouraging less electricity and water usage, which will flow on to their bills.”

 
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These measures will ease cost of living pressures by encouraging less electricity and water usage, which will flow on to their bills.


Sustainable energy push for NSW strata flats

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Expert Observer

The COVID-19 pandemic has created widespread isolation throughout our communities. People are feeling increasingly disconnected from not only their physical surroundings but also their social ties. This has only been exacerbated by the looming uncertainty around job and financial security, continuous changes to restrictions and surprise cases emerging when we all least expected them. 

However, one thing is for certain in these times: That nothing is certain. Many of us are looking for the light at the end of the pandemic tunnel, where some form of normalcy is restored. Many of us are also disillusioned to this beacon of hope, coming to terms with the new reality we find ourselves in presently.

Our collective resiliency as a nation is entering recovery mode, with the enduring Australian spirit guiding us through the challenges of the pandemic. The repeated blows dealt by the pandemic have been felt the hardest in our communities where our ability to live, work and socialise has been severely impacted. Our relationships and connections within our communities have been challenged  during these trying times. As restrictions continue to ease, more than half of us think this will have a positive effect on our relationships. 

According to the ABS, one in 11 people think that life will never return to normal. With this frightening insight into the new Australian mindset, one space where we need to focus on to secure strong economic and social recovery is at our communities and their citizens. 

<h2>Citizens as local experts for guidance on fostering a modern day community</h2>

As Australian cities look towards economic recovery in the new post COVID-19 world, it is now more important than ever to recognise the important role that strong and resilient communities play in driving growth and connectedness. These are the backbone of our economy and social frameworks. A highly functioning community with involved and committed members is one that that will drive growth. 

These types of community tend to thrive more in ‘people-first places’, where it is less about what is built and more about what the community can be and will become in the future. These places go beyond green belts and access to transport to consider the broader wellbeing of a community. Social cohesion, promotion of healthy lifestyles and addressing digital needs are strongly taken into account and considered throughout the planning process. 

This development ideology is well and truly embedded throughout EG’s ‘Build In Good’ (B.I.G) development philosophy. These developments create a new category in residential living focused on social impact. People-first locations with a community spirit, spaces to meet and relax, multiple housing options for long-term living and a technology-led environment that enables convenience and connection are all at the heart of these B.I.G developments. 

The Flour Mill at Summer Hill, a real-life example of this B.I.G philosophy brought to life, is quickly becoming a thriving community with the guiding vision to build a neighbourhood that was caring and inclusive, an environment that ensured connectivity, fostered physical, mental, and emotional health and wellbeing. Well connected by heavy and light rail, boasting community gardens, public park with an established tree canopy, this is a people-first place that champions and reflects the needs of the community that inhabit it. It’s popular fortnightly Flour Mill Markets were recently named among the best in the Inner West.  

<h2>Social planning and community empowerment</h2>

So how can developers work towards futureproofing our built communities so they can grow in our new post COVID-19 reality? It begins and ends with the people that make these new communities. Drawing upon their knowledge, experiences and expertise as locals for guidance. This starts with extensive community consultation, to fully understand the real needs that impact citizens in their day to day lives. This consultation process and continued community engagement (with existing and incoming residents) helped ensure that the development at the Flour Mill delivered on the promise of building a home which honored the footprint and history of the building and industry that came before them. 

Going back to the basics of community and social planning is key, especially as we navigate our way through these trying and uncertain times. Co-creation between key community members and developers should be heavily encouraged and supported throughout the planning process. This close collaboration allows communities to voice their needs from the outset and promotes a healthy working relationship with the developers crafting the physical components of the planned community. The co-creation process indirectly also further establishes these burgeoning communal connections that will continue to thrive and prosper well after the ribbon cutting ceremony. Staying to foster neighbourly connection is what distinguishes a development from a community.

Creating a connected community begins with the intentional decisions we make in our day-to-day relationships. Connection is the foundation on which we build everything else. And as we build this connected life, we make it possible to build a more connected world, where we create neighbourhoods and workplaces that support and connect us all. 

Now more than ever before, our connections have been tested thanks to the pandemic. It is now time to focus our energy and efforts into forming strong communal ties, that will outlast the most trying of times. As activist Wael Ghonim once said, “The power of the people is much stronger than the people in power”. For me, these words have never run truer than in our new reality as we all look to recovering and healing, together. 

David Workman, Divisional Director – Urban and Community Planning, EG
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Establishing connected communities in a post COVID-19 world

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For the last few years, property trends have reflected the importance of dining facilities and on-site retail spaces for investors and owner-occupiers alike.

These mixed-use developments have become a new sector mainstay in Australia, according to Cromwell Property Group, with developers increasingly combining commercial, retail, leisure and residential.

<a href="/buildings/beyond-hurstville-93-forest-road-hurstville"><img alt="" height="1390" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-02-24_at_12.02.50_pm.png" width="2280"></a>

Urban takes a look at five Sydney apartments with on-site retail and dining facilities.

1. Bloom Arncliffe 
Address: 213 Princes Highway, Arncliffe NSW 2205 
Two-bedroom apartments from $710,000

[smartcode_project:default project_id=6201]

Among Bloom Arncliffe’s on-site amenities include a ground-floor marketplace with restaurants and retailers, so that coffee, food and other simple luxuries are only ever a moment away.

Developed by Wingate, the development offers a collection of 318 one, two and three-bedroom ready-to-go apartments across seven buildings. 
 

2. Beyond, Hurstville 
Address: 93 Forest Road, Hurstville NSW 2220 
Two-bedroom apartments from $845,000

[smartcode_project:default project_id=6798]

Located in South Sydney, Beyond is Fridcorp’s latest Hurstville development, featuring a number of on-site amenities, including a 4,500sqm retail precinct, anchored by Woolworths.

Other facilities include an outdoor dining and teppanyaki grill, gardens, lobby bar and residents’ dining. 
 

3. 180 George, Parramatta 
Address: 180 George Street, Parramatta NSW 2150 
Two-bedroom apartments from $715,000

[smartcode_project:default project_id=8590]

Meriton’s world-class 180 George development brings together lifestyle, retail and five-star amenities across its 67 floors.

Designed by Woods Bagot, the project is set to deliver 767 one, two and three-bedroom apartments looking out over Parramatta River to the Sydney CBD skyline and beyond. 
 

4. Cornerstone, Belmore 
Address: 717-727 Canterbury Road, Belmore NSW 2192 
Two-bedroom apartments from $655,000

[smartcode_project:default project_id=9188]

Located on Canterbury Road, Cornerstone delivers ground-floor retail spaces and parkland to benefit residents as well as the community.

Cornerstone encompasses a collection of 141 flawlessly designed one, two and three-bedroom apartments with secure parking and lift access, boasting exceptionally generous proportions with spacious alfresco areas. 
 

5. The Galleria, Parramatta 
Address: 23-29 Hassall Street, Parramatta NSW 2150 
Two-bedroom apartment from $699,000

[smartcode_project:default project_id=9190]

At Parramatta’s the Galleria, residents’ can enjoy a private podium garden while onsite commercial spaces at ground level provide a variety of retail offerings.

Developed by Nucorp and designed by Architex, the Galleria puts you front row and centre for the exceptional growth, gentrification and cultural change that Parramatta is currently experiencing.

Lead image credit: Wingate, Bloom Arncliffe
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For the last few years, property trends have reflected the importance of dining facilities and on-site retail spaces for investors and owner-occupiers alike

The top five off the plan Sydney apartments with on-site retail and dining facilities

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Three adjoining properties in Parramatta have been listed as a potential parkland development site with a $13.8 million asking price.

The 14 Pitt Street holding is a two-storey brick block of four home units with resident parking.

The 16 Pitt Street holding is two-storey brick block of four home units with resident parking and 18 Pitt Street is a three-storey office building with ground floor parking built in 1994.

Nearby projects

[smartcode_project:default project_id=8590]

All up there is a combined 1,886 sqm, set 750 metres from Parramatta Transit Interchange Station.

CoreLogic Cordell Connect advised they were for sale at an asking price of $13.8 million through Knight Frank Sydney West.

There is an estimated potential GFA of 8,487 sqm* (STCA).
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All up there is a combined 1,886 sqm, set 750 metres from Parramatta Transit Interchange Station.

Development opportunity: Three adjoining Parramatta properties listed for $13.8 million 

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This summer has earmarked a trend in Australians keen to invest in a holiday home to call their own.

“With the costs of renting a holiday home soaring thanks to huge local demand, combined with record low interest rates, we’re experiencing a unique situation where it may actually be more cost effective to buy rather than regularly rent a holiday home”, said David Hancock, senior financial planner at Montara Wealth.

To assist in your search, Urban takes a look at six stunning coastal properties to consider in NSW. 
 

1. Lighthouse, Dee Why 
Address: 9-17 Howard Avenue, Dee Why NSW 2099 
Two-bedroom apartments from $935,000

[smartcode_project:default project_id=6337]

Showcasing unobstructed panoramic views of the ocean, beach and lagoon, Lighthouse is Dee Why’s latest architectural landmark.

Delivered by Meriton, the development soars high above the surrounding streetscape, blending residential, retail and commercial in one dynamic location – ideal for downsizers or couples looking for a coastal investment property.

Built over four buildings, with two towers rising up to 17 storeys high, Lighthouse comprises of 351 apartments with a range of one, two and three-bedroom configurations, including dual-level residences. 
 

2. Kalypso, Tamarama 
Address: 63 Fletcher Street, Tamarama NSW 2026 
Apartment prices available upon request

[smartcode_project:default project_id=6813]

For those seeking spectacular views of the stunning coastline, Kalypso provides the authentic coastal lifestyle amongst the unmatched beauty of Tamarama.

Delivered by DARE Property Group, Kalypso is inspired by the natural ﬂow of the ocean with a palette that echoes its surrounds of sand and surf.

Curated by Mim Design, Kalypso's curved walls and stone benchtops pay homage to the undulating waves close-by, with vast open spaces and large windows welcoming the sea breeze. 
 

3. Wavelength, Cronulla 
Address: 49-57 Gerrale Street, Cronulla NSW 2230 
Apartment prices available upon request

[smartcode_project:default project_id=6071]

Iridium Development’s Wavelength captures the spirit of the coast with its undulating façade and rhythmic curves, designed by Architecture Urbaneia.

Making the ideal coastal home, the development is surrounded by water, and a foreshore park, fusing contemporary architecture and the coastal lifestyle.

Offering one, two and three-bedroom apartments and penthouses, Wavelength delivers flowing interiors, open-plan layouts and meticulously designed bathrooms. 
 

4. Estelle, Bondi 
Address: 67-69 Penkivil Street, Bondi NSW 2026 
Apartment prices available upon request

[smartcode_project:default project_id=7057]

Showcasing style, quality and privacy, Estelle is the Bondi’s latest coastal development by K2 Property Development Group.

Among its amenities include a landscaped common garden, alfresco entertaining and full-length balconies for year-round use.

Designed by MHN Design Union and Lawless &amp; Meyerson, this development boasts a boutique collection of 14 one, two and three-bedroom apartments, with floor-to-ceiling glass sliding doors, soaring rakes ceilings and the coastal backdrop of the exclusive Eastern suburbs. 
 

5. Luna, Cronulla 
Address: 13 Arthur Avenue, Cronulla NSW 2230 
Apartment prices available upon request

[smartcode_project:default project_id=29824]

Tucked away in a quiet beachfront cul-de-sac, Luna is only a short stroll from the central hub of bustling Cronulla.

Situated steps from the water’s edge, Luna provides everything at your doorstep, from gold courses, expansive parklands and magnificent beaches.

Delivered by Plank Developments and designed by Vic Lake Architects, Luna was designed with a timeless and sophisticated edge, enhancing its oceanfront position.

Among its amenities include alfresco living space, secure basement car parking and sun-drenched interiors. 
 

6. Soul, Cronulla 
Address: 131-133 Gerrale Street, Cronulla NSW 2230 
Apartment prices available upon request

[smartcode_project:default project_id=25138]

Located in Sydney’s southern beaches and just footsteps from the sands of Cronulla, Soul offers relaxed coastal living.

Boasting sweeping ocean views and outlooks in every direction, the development offers the ideal sanctuary from busy city living.

Soul’s two and three-bedroom residences deliver floor-to-ceiling windows and open-plan interiors.

Among the project’s features are modern designs, decadent finishes and, in the luxury penthouse, a private rooftop courtyard and a swimming pool.
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Urban takes a look at six stunning coastal properties to consider in NSW

Wanting to extend summer? Check out six of NSW's best coastal apartment developments

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There’s a new town centre set to be constructed in Sydney’s thriving north-west.

The Minister for Planning and Public Spaces Rob Stokes announced the new town centre will change the face of The Hills Showground area.

“This exciting new development in the heart of The Hills will create homes, jobs and outstanding public spaces on the doorstep of a Metro station,” Mr Stokes said.

“It will offer a diversity of housing for people with different lifestyles and open space that will include a park and plaza.

The development will also inject $995 million into the economy while creating 1,920 construction jobs and 674 operational jobs.

The plans include up to 1,620 new homes and more than 13,000 square metres of commercial floor space.

There will be at least five per cent affordable housing for a minimum of 10 years.

Following consultations the plans reduced the total of new homes from 1,900 to 1,620.

The development will include nine building envelopes, ranging in height from three to 21 storeys.

The NSW Government and Federal Government will jointly fund upgrades to intersections of Showground Road with Carrington Road and De Clambe Drive, Castle Hill.
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The Minister for Planning and Public Spaces Rob Stokes announced the new town centre will change the face of The Hills Showground area

New town centre set for The Hills in Sydney's North-West

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Several apartment complex opportunities have been listed around Bondi.

There is a block of eight units, known as 48 Roscoe Street, Bondi Beach (pictured below) to be sold in one line on February 23 through Sotheby’s.

<img alt="" height="804" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/glenayr.jpg" width="1199">

A whole strata block of four on Bondi North’s Ben Buckler peninsula was listed last month. Each semi style unit at 138 Hastings Parade comprises two bedrooms plus study, plus outdoor area.

Its marketing was through Raine &amp; Horne Double Bay agents Ric Serrao and Dion Markovics. 

There are plans for an additional level penthouse.

Serrao also has a former block of four apartments listed on O’Brien Street (pictured in title). It has been a synagogue with upstairs accommodation.

It has been listed in conjunction with Metro Commercial.
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Several apartment complex opportunities have been listed around Bondi including a former block of four apartments listed on O’Brien Street

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