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?

First home buyers, investors and downsizers alike will find comfort knowing that you can find a brand-new luxury apartment in New South Wales&nbsp;at an affordable price point.

Urban takes a look at five new developments on the market under $440,000, approximately&nbsp;43&nbsp;per cent lower than <a href="/news/nsw/may-2021-how-did-the-sydney-apartment-market-perform-in-april" target="_blank">Sydney's median unit price of&nbsp;$771,859</a>, calculated by CoreLogic.

1. Georgette, Schofields 
Address: 23-27 Schofields Road, Schofields NSW 2768 
One-bedroom apartments from $440,000

[smartcode_project:default project_id=32227]

Georgette is the second stage of Positive Investment Enterprise’s Kew Schofields project, integrating convenient living with natural beauty in one of Sydney’s newest suburbs, Schofields.

Slated for completion later this year, Georgette boasts light-filled apartments in one and two-bedroom configurations.

Designed by PBD Architects, the residences feature ample storage, extended gardens and state-of-the-art energy and storage innovations thanks to a partnership with Tesla.&nbsp;

2. Mason &amp; Main 
Address:&nbsp;249-258 Merrylands Road, Merrylands NSW 2160 
One-bedroom apartments from $394,000

[smartcode_project:default project_id=31751 project_image_fid=160996]

Coronation Property’s latest master-planned community, Mason &amp; Main, offers smart-designed apartments&nbsp;set above an exciting new gourmet dining and fresh food marketplace.

Designed by Woods Bagot on Merrylands Road, Mason &amp; Main features a green roof, communal amenities and public space on the ground floor with commercial premises.

One-bedroom apartments in the development, slated for completion in late 2022, start from $394,000.

3. Riva, Parramatta 
Address: 30 Charles Street, Parramatta NSW 2150 
One-bedroom apartments from $405,000

[smartcode_project:default project_id=25842]

Offering apartments that are an impressive 20 per cent more spacious than those in neighbouring buildings, Riva offers brand-new luxury residences at an affordable $405,000.

Buyers can choose from studios, dual key and oversized configurations, with each residence in the Meriton project boasting floor-to-ceiling joinery, panoramic views and contemporary design.

The complete and ready to move in Riva development is part of the future 180 George mixed-use precinct, set to deliver world-class facilities, from dining and retail to resort-style facilities.

4. Collection, Rouse Hill 
Address: 49 Terry Road, Rouse Hill NSW 2155 
One-bedroom apartments from $399,000

[smartcode_project:default project_id=6284]

As the most affordable property on this list, the Marquess Group’s Rouse Hill project, Collection, offers 311 residences in one, two and three-bedroom configurations in Sydney’s growing north-west.

The DKO Architecture-designed development features luxury and modern design with spacious open-plan layouts, walk-in showers and on-site amenities.

Generous entertainer balconies boast beautiful views of the surrounding landscape and Berowra Valley National Park.

5. Lumina, Penrith 
Address: 26 Lord Sheffield Circuit, Penrith&nbsp;NSW 2750 
One-bedroom apartments from $395,000

[smartcode_project:default project_id=7320 project_image_fid=75378]

Developed by Urban Property Group,&nbsp;Sheffield Quarter’s Lumina is a rare find that raises the bar on contemporary luxury living.&nbsp;

Situated in one of Australia's fastest-growing regions, the project is located in close proximity to Penrith's dining precinct, stunning parklands, the Nepean River and the Blue Mountains.

Residences at Lumina, Sheffield Quarter offer a choice of one, two, or three-bedroom apartments and&nbsp;features inspired design by DKO Architecture, premium finishes and a lush rooftop garden.

5. Concerto, Merrylands 
Address: 228 Pitt Street, Merrylands NSW 2160 
One-bedroom apartments from $415,000

[smartcode_project:default project_id=24321]

Dyldam’s masterplanned precinct, Opera, comprising 1,200 residential units over a 2.5-hectare site has introduced their first stage, Concerto.

Located just five minutes from the Parramatta CBD, the 19-storey project offers one, two and three-bedroom residences with a variety of configurations and floor-plans.

Designed by Plus Architecture, the 363-resident building is expected to reach completion this year, featuring amenities such as a rooftop courtyard, pool, gym and barbeque facilities.

With four levels of secure parking for cars and bicycle spaces, come home to a space filled with light and effortless style at Concerto.

View the top five <a href="/news/nsw/june-2021-the-top-five-two-bedroom-apartments-you-can-buy-in-sydney-under-655000">two-bedroom&nbsp;apartments you can buy in Sydney&nbsp;here</a>.

With Sydney's median unit price at $771,859 in April, Urban takes a look at five new developments on the market that you can secure for under $440,000

max.kwok_55688

July 2021: Top affordable apartments in Greater Sydney for under $440,000

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Sydney's inner city unit market recorded the second largest falls this year down -5.7 per cent over 2020, according to CoreLogic’s Rental Review for the December 2020 quarter.

In terms of rental dollar value, Sydney has long been the most expensive market in which to rent, however 2020 saw Canberra surpass Sydney as the most expensive market to rent a house at $624 p/w, $10 p/w more expensive than the typical house in Sydney.

Sydney units however maintained their position as the nation’s most expensive capital city in which to rent a unit despite the $36 reduction recorded in the year to December.

<img alt="" height="650" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sydney_unit_rents_1.jpg" width="847">

Median unit rent's in Sydney are currently $504, just $8 ahead of Canberra. 

Unit rental prices across the city are down -0.6 per cent for the month, -2.7 per cent for the quarter and -5.7 per cent for the year. However for the decade, the rental market is up 11.8% for units.

<img alt="" height="855" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sydney_unit_rents_2.jpg" width="940">

The area's hit hardest in Sydney were the City &amp; Inner South down -12.8 per cent and North Sydney &amp; Hornsby down -7.1 per cent. Following close behind those loss leaders were Ryde and the Inner West, -6.9 per cent as well as Parramatta and the Inner South, -5.3 per cent.

Some regions did see improvement across the wider NSW region including Sutherland and the Central Coast which saw the strongest growth at 5.5 per cent and 5 per cent respectively.

Rental conditions in regional markets have been outperforming capital cities with unit markets recording weak conditions across the largest capital cities.

December 2020 saw Australia’s dwelling market record the largest monthly increase in rental rates since 2010, up 0.6 per cent over the month. The 10 year record can be attributed to growth across the house market which saw a 0.9 per cent rise in rental rates over the month, more than offsetting a -0.1 per cent fall in unit rents.

Across the broad regions, regional markets were the standout performer with both house and unit rents up 1.1 per cent in December, taking house rents 2.9 per cent higher over the final quarter of 2020 and unit rents 2.6 per cent higher.

Unit rental rates across the capital cities fell -0.3 per cent over the month to be down -1.6 per cent over the December quarter. Despite the diverse performance over the year, national rents rose by 1.9 per cent annually in 2020, which was the largest annual increase across the dwelling market since mid-2018. 
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Sydney has long been the most expensive market in which to rent, however 2020 saw Canberra surpass Sydney as the most expensive market to rent a house, with unit prices barely holding their lead

urban.com.au

Sydney unit rental prices plummet, barely $8 ahead of Canberra

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Knowing the developer and their projects is an important step in preparing to purchase an off-the-plan property.

But, navigating through pages of reviews on past projects – on top of the already exhausting task of searching for a home – might seem daunting to some first home buyers.

Urban takes a look at ten developers operating in the NSW that you should know about. 
 

1. <a href="/developers/meriton" target="_blank">Meriton</a>

One of Australia’s most successful residential property developers, Meriton is expected 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.

<a href="/new-apartments/trilogy-112-talavera-road-macquarie-park"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/destination-114-talavera-road-macquarie-park-a01e0c0989e3e71fbf549469c332ad75_0.jpg" width="1920"></a>

Among their project includes Destination in Macquarie Park and Zetland’s Eminence [smartcode_project:default project_id=21882].

Destination is located within NSW’s second-largest business district and offers residents convenience, timeless design and views from every angle.

Designed by DKO Architecture, the development boasts serene garden terraces and house-like proportions at an entry price of $600,000.

In 2020, the group’s Dee Why development, Lighthouse, was named the best mixed-use development of the year by the Property Council of Australia.

[smartcode_project:default project_id=6337]

Complete and ready to move in, Lighthouse is built over four buildings rising above the suburb’s tallest towers and features views of the ocean, beach and lagoon. 
 

2. <a href="/developers/deicorp" target="_blank">Deicorp</a>

One of the younger developers on the list, Deicorp was founded in 1999 and today has over $2.5 billion of residential, retail and commercial real estate in the pipeline.

<a href="/buildings/highline-westmead-7-maple-tree-road-westmead"><img alt="" height="1100" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/highline-164-hawkesbury-road-westmead-5b058f384c87f98e131cbc72bbe5e277.jpg" width="2000"></a>

The privately-owned development group has delivered over 8,000 apartments and is comprised of development, construction, marketing and project managers as well as a range of other trade professionals.

Following their success in 2020, the Sydney-based group is expected to continue delivering successful developments across NSW, cementing their position as one to watch.

Among their recently completed developments is the Westmead project, Highline, situated at 7 Maple Tree Road. Surrounded by parklands and heritage buildings, the project offers 556 apartments and offers resort-style amenities, barbeque pavilions and 360 degree views of Parramatta Park and Blue Mountains bushland.

[smartcode_project:default project_id=6114]

3. <a href="/developers/frasers-property" target="_blank">Frasers Property</a>

With over 95 years’ heritage in Australia, Singapore-based Frasers Property operates across residential, retail, commercial and industrial property markets.

Building upon a successful year, the property group is expected to reach new heights in 2021, with the development of their new $2.1 billion community, Midtown MacPark in Sydney’s Macquarie Park.

[smartcode_project:default project_id=29969]

With upcoming projects including the renewable Ed.Square, a net-zero energy demand home project in Edmonson Park, Frasers Property continues to strive towards a green future without sacrificing high-quality developments, convenience and style.

[smartcode_project:default project_id=5995]

Ed.Square homes went on sale in November last year and is expected to save residents up to 43 per cent of their energy costs.

Last November, Frasers Property was won two awards in the Global Real Estate Sustainability Benchmark (GRESB) rankings, named the ‘global development sector leader – residential’ and the ‘global non-listed sector leader – diversified office/industrial’.

<a href="/new-townhouses/central-park-at-ed-square-edmondson-park-54-soldiers-parade-edmondson-park"><img alt="" height="1665" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/edsquare-cnr-soliders-pde-and-campbelltown-road-edmondson-park-d2814fe4b33c98dd948caa3aa60aeb4e.jpg" width="2500"></a>

CEO Anthony Boyd said the rankings were a reflection of the company’s consideration of environmental, social and financial sustainability in all its operations. 
 

4. <a href="/developers/crown-group" target="_blank">Crown Group</a>

Taking out the Housing Institute of Australia's apartment complex award last year, the Crown Group has secured a position as a must-watch developer. Crown’s NSW operations are constantly winning awards, with major residential apartment projects including Infinity at Green Square, Arc and V by Crown.

 [smartcode_project:default project_id=26390]

Led by chairman Iwan Sunito, the group has a $5 billion development pipeline across its apartment, commercial and hotel projects spanning five cities and three continents.

In 2021, Mastery by Crown Group is expected to reach completion, delivering five buildings in Sydney’s Waterloo.

[smartcode_project:default project_id=7020]

Comprising 368 luxury apartments designed by Kengo Kuma, Koichi Takada and Silvester Fuller, Mastery offers “an escape from today’s demanding urban lifestyle,” the project marketing reads. It will also be home to Sydney’s first Japanese-oriented eat street.

<img alt="" height="512" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kkaa_kta_lunance_roof-top_v2_low-1024x512.jpg" width="1024">

5. <a href="/developers/cbus-property" target="_blank">Cbus Property</a>

At Cbus Property, a stringent environmental policy hopes to benefit the environment as well as communities. Aiming to achieve a minimum five-star design and ‘as-built’ rating under the Green Star system, the development group assures sustainable business practices in all their new developments.

With a portfolio exceeding $5 billion across investments and developments in the commercial, residential and retail sectors, Urban believes that Cbus is one to watch over the coming year.

Known for their commitment to partners, commercial success and sustainable design, the group’s Newmarket project in Randwick is no exception. Expected to reach completion in mid-2021, Newmarket provides 17 residential apartment buildings to be developed in three stages.

[smartcode_project:default project_id=7591]

Designed by Bates Smart, the project will include terraced lawn seating, a large open green space, a community barbeque and seating area, as well as a series of outdoor garden rooms.

The Langston’s second stage, Central, is also expected to reach completion this year in Sydney’s Epping, delivering 180 one, two and three-bedroom apartments and other mixed-use offerings over 24-storeys. 
[smartcode_project:default project_id=29936]

6. <a href="/developers/novm">Aoyuan International</a>

Specialising in the investment and management of international property development projects, Aoyuan International has proven its strength and capabilities worldwide.

As one to watch in 2021, Aoyuan is expected to complete various projects this year, including 412-resident development, The Lennox, in Parramatta.

[smartcode_project:default project_id=5743]

Each residence within the complex presents as a luxurious and timeless home, highlighting exceptional views and modern functionality. Amenities within the Lennox include a residents’ lounge, 25-metre pool, terrace and gym.

Completing construction this year and one-to-watch is the group’s Adela project in the inner-western suburb of Burwood.

<img alt="" height="1500" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/adela-1-7-gloucester-avenue-burwood-9b9ecbb7ad1c9740c5300d1245cefd1f.jpg" width="2000">

Overlooking Burwood Park, Adela offers shared walkways, green communal areas and courtyards. Designed by PDB Architects, the thoughtful design includes full-height glazing, sliding doors to balconies and quality finishes. 

[smartcode_project:default project_id=6842]

Since its acquisition of Sydney-based developer Capital Bluestone in 2018, Aoyuan has expanded its NSW presence, delivering Veridian Kogarah among other high-quality developments. 
 

7. <a href="/developers/poly-global" target="_blank">Poly Global</a>

Poly Global is a diversified property developer with a portfolio of residential and commercial projects in multiple stages of construction across New South Wales. Poly Australia, which was established in Sydney in 2015, has expanded in the last five years, producing a number of significant residential developments across the Eastern seaboard.

Known for creating sustainable and liveable urban environments, Poly Global is one to watch over the next year, with a company philosophy that aims to enhance each community through clever design.

Now selling in Sydney, is Bankstown’s Spring Square, offering floor-to-ceiling windows, an outdoor oasis and views of the Syndey CBD and Olympic Park.

[smartcode_project:default project_id=7054]

The development group’s Rouse Hill project, Aurora Terraces, is expected to launch soon, presenting investors and first home buyers with three, four and five-bedroom terrace homes in Sydney’s north-west growth corridor. 
 

8.<a href="/developers/thirdi-group" target="_blank"> Thirdi Group</a>

Well-known for delivering large-scale residential projects in Sydney and Newcastle, Thirdi Group has become one of Australia’s leading property development firms.

With a development pipeline exceeding $500 million, Thirdi has established its place on this list as a recognised industry leader.

The group’s experience in delivering beautiful homes and investment properties are key reasons for their ongoing success.

Among these projects is the harbourfront development, Kurraba Residences, which launched last November.

[smartcode_project:default project_id=13992]

The $170 million development, designed by SJB Architects and Mathieson Architects paid homage to the classic 1920s apartment buildings on the Kurraba Point headland, with views of Sydney Opera House and the Botanical Gardens.

In another collaboration with SJB, Thirdi will complete construction on their Mount Street Residences development in Pyrmont next month. Following the success of their Paragon at Pyrmont project, Mount St will offer five timeless inner-city four-bedroom homes with floor-to-ceiling glazing, a two-car garage and a sophisticated design. 
 

9. <a href="/developers/greenland-australia" target="_blank">Greenland Australia</a>

Founded in China in 1992, Greenland Group has become a global powerhouse, recognised as a Fortune 500 company for nine consecutive years. Its subsidiary, Greenland Australia, was established in Sydney in 2013, becoming one of NSW’s leading developers of residential communities.

<img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/park-sydney-149-163-mitchell-road-erskineville-3022c2f59a5844468def3def80fc0527.jpg" width="1200">

Greenland Group is known for their ‘Park Sydney’ project in Erskineville, one of the most significant urban renewal projects in Sydney, in collaboration with GH Australia. Designed around a new public park, and offering cycle and pedestrian links, Park set to be one of Sydney’s leading planned communities.

[smartcode_project:default project_id=5811]

Two-bedroom apartments in the community’s first buildings, Botany and Cascade, begin at $1.15 million, designed by WMK Architecture.

Further north-west is the firm’s nbh at Lachlan’s Line development, an urban village delivering superior design, green open spaces and an unparalleled lifestyle.

<img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/nbh-at-lachlans-line-25-27-epping-road-macquarie-park-13a916adcb18298badcc42cf3d20e43c.jpg" width="1200">

Positioned in Macquarie Park and designed by architects Bates Smart, nbh offers impressive interior design touches in every room, high-end dining venues and leafy, tree-lined parks. 
 

10. <a href="/developers/level-33" target="_blank">Level 33</a>

Founded in Sydney in 1999, Level 33 is a family-owned and operated business, praised for its innovative designs and meticulous standard of workmanship.

The premier property development group specialises in premium multi-residential and commercial projects, led by leaders in development and construction.

Among their projects is the Wolli Creek development, Vicinity, with an entry price under $500,000, making it an affordable Sydney home.

[smartcode_project:default project_id=14641]

Located near the Cooks River, Vicinity is offering a one-bedroom, one-bathroom residence with a car space at $585,000 or without the car space at $465,000.

The modern apartments are “strikingly contemporary”, the marketing reads, offering stylish kitchens, oversized terraces and open-plan living.
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Urban takes a look at ten developers operating in the NSW that you should watch this year

10 developers to watch in NSW in 2021

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Laing+Simmons Corporation has been purchased by a partnership comprising members of the company’s head office team.

The likes of managing director Leanne Pilkington, who is also the president of the Real Estate Institute of NSW, and some of the network’s highest-profile and longest-serving principals including D’Leanne Lewis, Ray Fayad and Nicholas Efrossynis, are part of the buying syndicate.

The New South Wales-based boutique real estate franchise, which has a total of 43 offices in metro and regional NSW, was bought from the Dexar Group for an undisclosed sum.

Leanne Pilkington said the purchase by members of the network demonstrates the value and belief in the brand.

“The purchase of Laing+Simmons by network members highlights the confidence we have in the business and the potential for growth we see in the future.

"When the opportunity to acquire Laing+Simmons arose, the demand among franchisees was strong and the offer was fully subscribed quickly, demonstrating the belief in the brand,” Ms Pilkington said. 

“Laing+Simmons has been a fixture in the New South Wales real estate landscape since 1967. We recognise the industry is undergoing rapid evolution, which means franchising needs to evolve as well.

“No-one is better placed to understand the needs of today’s business owners than agency principals, who operate at the coal face every day.

“The new shareholding group is very diverse, in relation to age, location and of course gender. This will ensure a holistic direction is set for the business which welcomes and benefits a broader demographic of network partners and their teams.

“This diversity will underpin our future growth as we look to grow the Laing+Simmons network in select metropolitan and regional locations in 2021 and beyond.

“This internal acquisition means we have skin in the game. We believe so strongly in the brand that we acquired it. Our future partners and office principals can be confident in our commitment to support them and the growth of their business with a view to helping them create a long-term asset for the future.

“The ambitions of ownership, our existing franchisees and those we welcome in the future are completely aligned. This provides us a solid platform for future growth,” she said.
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The New South Wales-based boutique real estate franchise, which has a total of 43 offices in metro and regional NSW, was bought from the Dexar Group for an undisclosed sum.



Laing + Simmons bought by their top network members

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The City of Parramatta Council has approved plans to build a 25-storey apartment building in Granville, set to be delivered by Chinese developer Starryland.

Located at 26-38 Good Street and 59-61 Cowper Street, the developer acquired the amalgamation of commercial sites from private owners for $36 million.

The 5,150sqm mixed-use site will offer 373 residences, along with residents’ communal gardens, barbeque facilities and 1,171sqm of retail space.

The developer, an Australian division of the Chinese publicly listed company Fuxing Huiyu Real Estate, has previously worked on projects within the Parramatta CBD, including the $550 million sold-out Promenade at Parramatta project.

According to Starryland’s managing director Hao Liu, Granville is considered an undervalued suburb in the Parramatta region.

“[It] is predicted to one of the upcoming Sydney hotspots”, Liu said.

The project aims to set a benchmark for quality design and finishes in Granville, sales manager James Swete said.

Situated in close proximity to the Granville train station, the project will focus on providing affordably priced apartments targeting first home buyers and young professionals.

“We don’t want to compete in apartment-heavy suburbs with expensive units", Liu said. "Which is why we believe in the areas in Sydney’s west which need more homes.”

Granville, which boasts some of the most affordable house prices in Sydney, has seen growing developer competition with the presence of multiple projects in recent years. According to Liu, not only will this competition this place Granville on the housing map, but it will pave the way for better sales for Starryland's new development.

The project will be designed by PBD Architects, who were assigned to the project after participating in a competitive design process involving three nominated architects.

<h2>Other projects designed by PBD Architects in Greater Sydney</h2>

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/KwiYcb9bbdI" width="560"></iframe>

<a href="/new-apartments/kew-schofields-stage-2-georgette-23-27-schofields-road-schofields">Georgette, Kew Schofields</a>

Located in one of Sydney’s newest suburbs, Kew Schofields offers a harmonious living experience, balancing privacy with the north-west region’s endless employment opportunities.

Similarly designed by PBD Architects, Kew Schofields’ second stage, Georgette, offers contemporary design, functional storage and interior spaces designed to become the “perfect backdrop to home and family life,” PBD writes.

<a href="/new-apartments/kew-schofields-stage-2-georgette-23-27-schofields-road-schofields"><img alt="" height="628" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kew-schofields-stage-2-27-schofields-road-schofields-ff94cf047ee9db640ae8e3661936bf61.jpg" width="1200"></a>

The master-planned community offers 2,700sqm of retail space, parks and recreational facilities, with one and two-bedroom configurations priced from $428,000.

Georgette is expected to reach completion late this year.
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Designed by PBD Architects, the 5,150sqm mixed-use site will offer 373 residences, residents’ communal gardens and 1,171sqm of retail space

Parramatta Council green lights latest Starryland development in Granville

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The off the plan buyer of a sub-penthouse in Sydney’s Loftus Lane development has scored a big resale as the project nears completion.

The sub-penthouse A603 in the luxury project near Sydney Harbour sold for $5.4 million, having been snapped up at the sales launch back in mid-2017 for $4.975 million direct from the developer AMP Capital.

Ayre Real Estate director Craig Donohue sold the apartment to a Northern Beaches local who had been looking for a Sydney CBD base for around 12 months.

<a href="/buildings/quay-quarter-18-loftus-street-sydney"><img alt="" height="889" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/8_loftus_lane_circular_2.jpg" width="1200"></a>

Donohue said the buyer was shown a few apartments in established and other new developments in the CBD but Loftus Lane's location was a stand out.

"He also loved the fact that this property had a substantial and very usable outdoor space and was really impressed with the design of the building", Donohue said.

Due to settle in April, 8 Loftus Lane has been designed by Studio Bright and will comprise 106 apartments across three Art Deco-style buildings.

<a href="/buildings/quay-quarter-18-loftus-street-sydney"><img alt="" height="730" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/8_loftus_2.jpg" width="1200"></a>

Loftus Lane is part of Quay Quarter Sydney, the dynamic new neighbourhood and major redevelopment of two complete city blocks up near Circular Quay.

When the apartments hit the market in mid-2017, they all sold out within two hours of the launch.

Donohue says there is strong buyer demand for luxury apartments in the CBD.

“The Sydney CBD landscape is changing from a business district to a luxury world class lifestyle hub”, Donohue says.

“As the new developments come closer to completion, buyer can not only see what the final product looks like, but also plan to take occupancy this year which is generating lots of excitement”.
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Ayre Real Estate director Craig Donohue, who sold the apartment, says there is strong buyer demand for luxury apartments in the CBD.

Off the plan buyer success in Sydney’s Loftus Lane development

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Designed by award winning architects SJB, Polo Collection comprises 275 luxury apartments with grand proportions across four striking buildings, set amongst tree-lined boulevards, and neighbouring the newly created Rosebery Park.  
Dynamic and elegant, the buildings incorporate various forms of materials including bricks, tiles, timber and steel mesh which pays homage to Rosebery’s industrial past and interacts with the surrounding landscape. Overlooking Rosebery Park to the east, and west over Sweetacres Park, these residences have been designed to capture the green vistas through floor to ceiling glass windows.

[smartcode_project:default project_id=7588] 
Polo Collection presents an assortment of only 15 luxurious, contemporary four bedrooms, north facing terrace homes designed by renowned architects, Tribe Studios. Characterised by meticulous attention to detail and expansive floorplans with the benefits of living within a vibrant master-planned neighbourhood. 
Get to know the blossoming Rosebery scene. Just around the corner you can experience a delicious day out with Saporium satisfying all of your culinary desires. Here, greengrocers, butchers, bakers, coffee roasters, restaurateurs and many other proud purveyors put their finest produce on show. Housed in a revived warehouse in The Cannery Rosebery, Saporium is a place where producers and shoppers come together. A place where everyone shares their passion for great-tasting food and drink. 
Pedestrian and bike-friendly paths and streets lead you to the visionary new Green Square retail, leisure and transport hub linking you to the CBD in under 10 minutes. From Green Square station, it’s 5 minutes to the CBD, the harbour and Sydney airport. One train stop to Central and two stops to Town Hall, this is now one of Sydney’s most connected inner-city villages.
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Polo Collection is your chance to treat yourself to something special

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The ABC has signalled its proceeding with its proposal to sell its production site in Artarmon.

The public broadcaster has announced initial steps to “dispose” of the 14,000 sqm studios and production facility.

It is on Campbell St and Lanceley Place.

The likely listing follows a review of its property holdings across Australia.

The site, known as Studio 26, is used for various productions and contains a soundstage. 

The will seek leaseback arrangements for a period of time with the buyer.

The move will end the ABC’s presence on Sydney’s north shore after relocating its headquarters to Ultimo in 2003 from the Gore Hill studios, located next to Studio 26, that operated from 1956.

It is now the Gore Hill Technology Park with a data centre currently under construction on the corner of the Pacific Hwy and Broadcast Way.

Channel 9 closed its Sydney headquarters in Willoughby to relocate last year to North Sydney.

The Mirvac Group secured the landmark site last year in a deal worth about $227 million.

After the sale by Colliers International, Mirvac advised it intends to redevelop the site in accordance with the previously approved plans for 460 units across 10 buildings of up to nine storeys tall.

The vendors, Michael Jiang’s Lotus Capital and Hong Kong-based Euro Properties, had paid $147 million for the site in 2015.
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The public broadcaster has announced initial steps to “dispose” of the 14,000sqm studios and production facility

jchancellor

The ABC to proceed with proposal to sell its Artarmon production site

Lifestyle markets in the Greater Sydney region were among a number&nbsp;council areas with the highest incidence of profitability,&nbsp;according to CoreLogic’s recent Pain and Gain report.

While&nbsp;the higher-end housing market of Hunters Hill recorded the highest rate of profitable sales at 97.8 per cent, Sydney's lifestyle markets also saw significant profit-making sales.

“Council regions toward the top of the list for profitability included the Blue Mountains and Central Coast,” the report noted.

The Blue Mountains reported 96.6 per cent of all sales as profit-making with a median profit of $305,000, similar to the median profit of North Shore properties in Ku-Ring-Gai and Lane Cove.&nbsp;

95.5 per cent of Central Coast properties sold for a profit over the September quarter, with a total value of profit recorded at over $600 million, second only to the Northern Beach's $845 million.&nbsp;

Across Greater Sydney, the portion of profit-making sales increased 70 basis points to 91.9 per cent, with houses faring better than units.

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-01-19_at_5.40.39_pm.png" rel="gallery-all"><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="401" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2021-01-19_at_5.40.39_pm.png?itok=5DzoMLA1" width="580" /></a>

Across the council regions of Sydney, the highest portion of loss-making sales were in Strathfield and Parramatta, at 18.7 per cent and 18.4 per cent respectively.

88.1 per cent of the loss-making sales in Parramatta were units, 76.1 per cent of which were investor owned.

With a trend towards recovery in the Sydney dwelling market over the December quarter, CoreLogic predicts profitability may increase across the Sydney market in the coming months.

<h2>Residences on the market in Sydney’s profit-making Central Coast region</h2>

1. <a href="/developments/gosford-nsw-2250">The Archibald</a>, Gosford 
Address: 110-118 Mann Street, Gosford NSW 2250

<a class="colorbox colorbox-insert-image" href="/developments/gosford-nsw-2250" rel="gallery-all" target="_blank"><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="347" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/archibald.png?itok=skyOdEz9" width="580" /></a>

The Archibald is a statement of cosmopolitan living and relaxed luxury. This amenity-rich project&nbsp;is set to become one of the Central Coast’s most vibrant and dynamic urban villages, combining architectural design, luxury&nbsp;apartment living, and a premium hotel.

Taking its name from&nbsp;Archibald&nbsp;Acheson, the second Earl of&nbsp;Gosford&nbsp;circa 1839, The&nbsp;Archibald&nbsp;has an innate refinement&nbsp;with a contemporary laidback appeal. 
&nbsp;

2. Ravello, Point Frederick 
Address: 65 Masons Parade, Point Frederick NSW 2250

<img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="370" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/ravello-65-masons-parade-point-frederick-c5aaeb0223ea1baf93bd99719ae86c1b.jpg?itok=QJl3HX-H" width="580" />

Few locations rival Point Frederick’s intimate embrace of the coast. Prized for its substantial homes, leafy streets and magnificent views, it is one of the most tightly-held enclaves on the Central Coast.

Ready to move in 2021, Ravello offers waterside residences with spacious living and large outdoor terraces. Designed by White + Dickson Architects, the residence includes wine cellars, furnished lobby and views over Brisbane Water. &nbsp;

Council regions toward the top of the list for profitability included the Blue Mountains and Central Coast

Greater Sydney lifestyle markets fared well in 2020: CoreLogic

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Sydney's harbourfront Rose Bay is set to get a new boutique beachfront apartment development.

Plans have been lodged for a small project of three apartments at 5 Collins Avenue, on the beach and facing the Sydney Harbour.

The $3.43 million plans will see the current 1910's Federation Arts &amp; Crafts mansion demolished.

The property belongs to Kate Champion, the wife of the Laser Clinics founder Alistair Champion. It last sold for $18 million in 2019.

<img alt="" height="881" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/champion_rose_bay.jpg" width="1200">

The MHNDUnion designs (pictured top and below) have two two bedroom apartments on the ground level, one with its living area opening to a private swimming pool, and the adjoining apartment with its own garden terrace.

Unit one, with the garden, spans 93 sqm internally and next door with the pool has 108 sqm of living space.

<img alt="" height="813" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/5_collins_rose_bay_2.jpg" width="1200">

Upstairs is the 214 sqm, full floor penthouse. It will have three bedrooms, including one master suite with walk in wardrobe, a TV room, a study and four bathrooms.

Each apartment is designed with the open plan kitchen, living and dining area oriented to face the harbour.

The Champions are based in the luxury Woollahra mansion Ilicus which they bought for $13 million in 2017.
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