The new <a href="https://www.apartments.com.au/new-apartments/yarraville-green-42-stephen-street-yarraville-vic-3013">Yarraville Green</a> development in Melbourne's inner west is showing that landscaping can be just as influential as architecture, with buyers responding strongly to the garden-first approach adopted from the outset by developer Excelon Projects and the project's design team.

Excelon appointed Six Degrees Architects and landscape architects SBLA to work collaboratively on the development, with a brief to create "a sustainable, design-led building with a focus on community."

That approach has resonated with buyers. According to Next Chapter Director Tom Hirini, who is leading the sales campaign, the landscaped communal garden has become one of the project's defining features, alongside its boutique scale and European-inspired cluster housing concept.

Local downsizers, right-sizers and established families already living in Yarraville and surrounding suburbs have accounted for the majority of purchasers.

[smartcode_project:default project_id=144913 project_image_fid=297740]

Yarraville Green will comprise 53 homes, including apartments and townhomes, arranged around the shared central garden to maximise connections to the landscaped open space. Parking has been moved underground, allowing the ground plane to be dedicated to greenery, pedestrian movement and communal spaces.

The landscape extends well beyond passive planting. Productive garden beds, a pergola, communal gathering spaces, garden sheds and a pet wash have all been integrated into the masterplan, creating spaces designed to encourage everyday interaction between residents.

[smartcode_project:default project_id=144913 project_image_fid=297741]

The interiors continue Excelon's focus on craftsmanship, incorporating bespoke elements by Melbourne artisans including leadlight detailing by Adadaz, hand-turned timber hardware by Auburn Woodturning and blown-glass lighting by Ruth Allen.

Sustainability has also been embedded throughout the project, with Yarraville Green targeting an average 7-star NatHERS energy rating through passive design principles, rooftop solar servicing common areas and rainwater harvesting for landscape irrigation.

[smartcode_project:default project_id=144913 project_image_fid=297735]

Construction continues to progress at Yarraville Green, with structural works well underway and framing works approaching completion under builder Balmain &amp; Co. The project remains on track for completion in mid-2027.

Apartments at Yarraville Green are currently priced from $625,000, while townhomes start from $1.4 million.

[smartcode_project_cta:default project_id=144913]

Joel Robinson

Garden-led design drives buyer demand at Yarraville Green

National diversified developer Fortis has officially launched Crest &amp; Walker, its latest Brisbane apartment development, with construction now underway on the 20-storey Newstead project.

Award-winning builder BINAH has commenced construction on the Bureau^Proberts-designed building, which will deliver a limited collection of 65 two and three-bedroom apartments on Kyabra Street.

[smartcode_project:default project_id=145922 project_image_fid=373556]

The project marks Fortis' fourth active residential development in Brisbane, following River House, which is nearing completion, alongside projects in New Farm and Hamilton as the national developer continues to expand its South East Queensland pipeline.

Fortis General Manager – Development Queensland Dan Boman said Crest &amp; Walker reflects the developer's long-term commitment to delivering design-led residential projects in Brisbane's established inner-city suburbs.

"We're proud to be strengthening our presence in Brisbane with Crest &amp; Walker, particularly in such a sought-after lifestyle destination as Newstead," Boman said.

"Every Fortis project is shaped by its context, and we approach each one with the respect and care it deserves.

"Our focus is always on creating places that feel connected to their neighbourhood and elevate the everyday experience for residents. Newstead continues to evolve as one of Brisbane's most sought-after urban communities, and Crest &amp; Walker reflects our ambition to contribute meaningfully to that story."

[smartcode_project:default project_id=145922 project_image_fid=373559]

Positioned between Gasworks Plaza and James Street, <a href="https://www.apartments.com.au/new-apartments/crest-walker-newstead-12-kyabra-street-newstead-qld-4006">Crest &amp; Walker</a> has been designed as a boutique residential address offering privacy and generous living spaces within one of Brisbane's most established lifestyle precincts.

The building features a contemporary brick podium softened by integrated landscaping, while the upper levels are characterised by restrained architecture and enduring materiality. Interiors have been designed to maximise natural light, acoustic performance and long-term liveability.

[smartcode_project:default project_id=145922 project_image_fid=373583]

Residences comprise spacious two and three-bedroom floorplans, with two-bedroom apartments priced from $1.55 million and three-bedroom, half-floor residences from $3.95 million.

Residents will have access to a wellness-focused rooftop featuring a swimming pool, sauna, steam room, landscaped dining spaces and outdoor lounge areas overlooking Newstead and the Brisbane CBD.

[smartcode_project:default project_id=145922 project_image_fid=373571]

Sales are being managed by Slaite Projects, with Fortis expecting strong demand from owner-occupiers seeking a high-quality, design-focused apartment in one of Brisbane's most tightly held inner-city suburbs.

Completion of Crest &amp; Walker is slated for late 2028.

[smartcode_project_cta:default project_id=145922]

Fortis expands Brisbane pipeline with launch of Crest & Walker in Newstead

The enormity of delivering a true skyscraper in Australia's new development market is often overlooked.

It has taken the best part of a decade since plans for Chevron One were first unveiled, but the 41-storey tower is now complete, with residents collecting their keys and moving into what has become one of the Gold Coast's most recognisable new landmarks.

Rising 127 metres above Chevron Island, Chevron One stands almost twice as high as any other building on the island. Its scale places it alongside the trio of towers at Jewel, arguably the last truly significant addition to the central Gold Coast skyline when they were completed around six years ago.

While there are several developments underway around a similar height to Chevron One, they are more concentrated within clusters of the highest towers in the city. The fact Chevron One sits within a developing precinct, looking back at the other high-rise developments in Surfers Paradise and Broadbeach, makes it a different proposition altogether. It will certainly become a reference point on the Gold Coast skyline.

[smartcode_project:default project_id=6515 project_image_fid=68833]

Developer Bensons Property Group is behind the 41-storey tower, which has 229 apartments, along with an exhaustive list of resident amenity spread across what is the largest development site ever assembled on Chevron Island.

The tower has been the talk of the town for years, says Ray White Projects Gold Coast agent Caitlin Rosenboom, who is selling the remaining apartments.

"People have been watching Chevron One go up for years," Rosenboom says, adding that many prospective buyers have been surprised by the scale of the views once they step inside.

"It's only when they walk through a completed apartment that they truly understand the position of the building," Rosenboom says.

"The views are jaw-dropping. Whether you're looking east over the ocean, across Surfers Paradise, along the river systems or out to the hinterland, every level offers something different but equally impressive."

[smartcode_project:default project_id=6515 project_image_fid=360215]

One of Chevron One's defining advantages is its location on the eastern side of Chevron Island on Stanhill Drive, a position which protects the views forever.

"There's only one row of houses between Chevron One and the water, and the height restrictions along the river means views from Chevron One can never be built out,"&nbsp;Rosenboom says.

While new apartment developments continue to emerge across the Gold Coast, Rosenboom says opportunities to secure a completed apartment with this level of outlook are becoming increasingly rare.

"The size of the site is something that would be incredibly difficult to replicate today," she says.

"That's allowed Chevron One to deliver the sort of amenity, open space and resident facilities that very few projects can offer. There are not many completed apartment buildings on the Gold Coast right now that can compete with the combination of scale, quality and amenity."

[smartcode_project:default project_id=6515 project_image_fid=68839]

There's around 2,000 sqm of amenity solely for the use of residents of Chevron One. Club One features a uniquely shaped swimming pool that mirrors the footprint of the building itself, set within a extensively landscaped gardens. There's also an indoor pool and spa, a fully equipped gym with a Pilates room, a yoga garden, a bookable private dining area and lounge that can host up to 30 people, and a 24-hour concierge service.

As for the buyers, Rosenboom is fielding enquiry from everywhere: Sydneysiders and Melburnians looking at the new and off-the-plan market following the changes in the Federal Budget, as well as those looking to relocate, through to South East Queenslanders seeking either a permanent home or a weekender bolthole.

"The Gold Coast lifestyle continues to resonate with people relocating from the southern states, and when they see the views and the quality of what's been delivered at Chevron One, it becomes very easy for them to understand the appeal," Rosenboom says.

A diverse mix of one, two and three-bedroom apartments remain available, with each offering "something a little different", be it the orientation and views, configuration, or level, to suit a wide variety of buyers.

The remaining apartments are ready to inspect in person, by appointment.

[smartcode_project_cta:default project_id=6515]

A decade in the making: Residents to move into Chevron One as construction wraps up

A general rule of thumb in new apartment developments is that the penthouses get the rooftop.

It's a formula that's become commonplace across Australia's apartment market. Residents might have access to a pool, gym or barbecue facilities on a dedicated lower level, but the most desirable outdoor spaces are typically reserved for the highest-priced homes at the top of the building.

<a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Property Group</a> has taken the opposite approach.

Rather than dedicating the rooftop to a handful of buyers, the Gold Coast developer has made it the centrepiece of its Flourish collection, creating expansive shared spaces from the best vantage point in the building.

The philosophy has reached its most ambitious expression at <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> in Palm Beach, where two rooftop precincts connected by a skybridge will deliver one of the most extensive lifestyle offerings seen in a residential apartment project on the Gold Coast.

[smartcode_project:default project_id=150017 project_image_fid=374053]

"We're seeing a clear move toward developments that offer more than just an apartment," Sherpa Group founder Christie Leet said.

"People want spaces that support how they actually live, whether that's working from home, staying active, or spending time with family and friends.

"That's where amenity becomes critical. It's not just about what's included, but how those spaces are designed to be used every day."

[smartcode_project:default project_id=150017 project_image_fid=374052]

The breadth of amenity has already attracted buyers across multiple demographics. Younger first home buyers have been drawn to Soleira's one-bedroom apartments, a product rarely delivered in Palm Beach, while families have responded to practical inclusions such as the shallow children's pool adjoining the main lap pool and the extensive communal recreation areas.

Instead of a single rooftop, Soleira delivers two distinct lifestyle zones.

[smartcode_project:default project_id=150017 project_image_fid=372547]

The southern rooftop has been dedicated to wellness, featuring a gym, yoga and Pilates studio, work-from-home facilities, a wellness centre, spa, and hot and cold plunge pools.

The northern rooftop focuses on recreation and entertaining, incorporating a heated resort-style pool, private dining rooms, pizza ovens, barbecues, a golf simulator, children's recreation areas, and what is expected to be the Gold Coast's first rooftop basketball court, which will also double as a squash court.

[smartcode_project:default project_id=150017 project_image_fid=374054]

Beyond the rooftops, Soleira will introduce 1,500 sqm of curated retail beneath the towers, creating one of Palm Beach's first genuinely mixed-use lifestyle precincts where cafés, restaurants and convenience retail become part of residents' everyday lives.

Sherpa has also retained management rights across the development, allowing it to oversee the long-term operation of the building through a 24-hour concierge model. The developer is also exploring additional revenue streams within the precinct aimed at helping offset ongoing body corporate costs for residents.

[smartcode_project:default project_id=150017 project_image_fid=370962]

While Soleira is the largest project Sherpa has delivered, the rooftop-first philosophy has been evolving for several years.

It began with <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>, the first project released under the Flourish brand. Rather than competing at the ultra-luxury end of the market with oversized half-floor and full-floor residences, Sherpa focused on creating lifestyle-driven apartments supported by resort-style shared spaces.

Amargo introduced more than 800 sqm of rooftop amenity, combining wellness facilities, heated pools, entertaining areas, cabanas, pizza ovens and private dining spaces into what was designed as an extension of residents' homes rather than a facility used only occasionally.

[smartcode_project:default project_id=146527 project_image_fid=366550]

That approach continued with Flourish Oasis, where the same amenity-led philosophy was refined into a more boutique development. Strong demand from Sherpa's growing VIP database saw much of the project sold before it reached the broader market, reinforcing buyer appetite for apartment communities centred around shared lifestyle experiences.

Flourish Amargo is slated for completion mid-way-through next year, with Oasis to be delivered by late 2027. Flourish Soleira is expected to complete in 2030.

[smartcode_project_cta:default project_id=150017]

Sherpa takes amenity to the sky as Flourish Soleira captures booming Palm Beach demand

As apartment living continues to evolve across Sydney's growth corridors, the quality and distribution of shared spaces is increasingly shaping how residents experience home. Rather than functioning as add-ons, amenities are being embedded into the daily rhythm of a building, supporting everything from quiet retreat to social interaction, often within a single vertical community.

At <a href="https://www.apartments.com.au/new-apartments/aeris-melrose-park-nursery-street-melrose-park-nsw-2114">Aeris</a> in Melrose Park, this approach is resolved through a layered amenity offering that unfolds from ground level through to its upper podium. Developed by <a href="https://www.apartments.com.au/developers/sekisui-house-australia">Sekisui House Australia</a> in partnership with Hankyu Hanshin Properties, the project introduces 468 apartments across two towers and a mid-rise building, positioned at the highest point of the broader masterplan.

[smartcode_project:default project_id=426 project_image_fid=359199]

The amenity experience begins at street level, where two courtyards sit within a landscaped setting that connects residents to the wider network of parks and green spaces. These green spaces are not isolated pockets but part of a wider pedestrian network that links Aeris to the surrounding <a href="https://www.apartments.com.au/developments/melrose-park-nsw-2114">Melrose Park</a> precinct, including Central Park, future schools, and the Town Centre opening in July 2026. The result is a transition that moves from public to private without abrupt boundaries, allowing residents to pass through shaded, tree-lined environments before reaching the building itself.

Moving upward, the focus shifts to the level five podium, where the primary communal facilities are concentrated. This space brings together a 16-metre swimming pool, outdoor seating areas, and a communal BBQ zone arranged to take advantage of elevated outlooks. Seating is positioned beneath pergolas, creating pockets of shade that extend the usability of the space throughout the day. The pool edge aligns with views toward the wider district, reinforcing the sense of elevation that defines the project’s positioning.

In the adjacent building, this is complemented by quieter, more contemplative spaces, including an outdoor cinema set within the same level. Positioned to operate primarily in the evening, it introduces a different tempo to the shared environment, shifting from daytime activity to after-hours use without requiring separate zones.

[smartcode_project:default project_id=426 project_image_fid=360299]

The podium also accommodates an intimate private resident gym. Located on the lower levels, it gives residents convenient access to fitness facilities without leaving the building.

Above, the elevated podium sky deck extends the amenity offering, providing additional open-air spaces with elevated outlooks across the surrounding landscape. While more restrained in program, this upper level reinforces the project’s vertical progression, from ground-level greenery to elevated outlook, allowing residents to move between distinct spatial conditions within a single address.

This distribution of amenities reflects a deliberate response to how residents use space across the day. Sekisui House Australia Sales and Marketing Director Peter Kalaf points to the role these shared areas play in shaping buyer demand. Aeris has been conceived as more than a collection of apartments, with the podium pool, gym and outdoor cinema forming part of a broader lifestyle offering that extends the home beyond each individual residence.

[smartcode_project:default project_id=426 project_image_fid=360300]

What distinguishes Aeris is not the inclusion of these elements individually, but how they are arranged in relation to one another. Active, social, and passive spaces are layered vertically rather than separated, allowing residents to choose between them without leaving the building or moving far from their apartment. This proximity supports both routine use, such as a morning swim or evening workout, and more occasional gatherings, whether around the BBQ area or within the cinema setting.

The amenity design also sits within a broader framework of connectivity across Melrose Park. The Melrose Park Town Centre, anchored by Coles and Dan Murphys, features a mix of retail, dining, health and lifestyle offerings, bringing everyday convenience closer to residents. By the end of the year, more than five hectares of parks and open space, equivalent to around seven football fields of green space on residents' doorstep, will further enhance the precinct, allowing the internal facilities at Aeris to operate as an extension of the wider neighbourhood rather than a substitute for it.

Construction at Aeris continues to gather momentum, with ground floor slabs expected to be completed in late 2026 before the first sections of the buildings begin to rise above ground.

[smartcode_project_cta:default project_id=426]

Elevated amenity anchors daily life at Aeris, Melrose Park

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>

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Ellen Walker

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

Prolific developer Billbergia is teaming up with&nbsp;Legacy Property&nbsp;for a two-tower development in Macquarie Park.

The $181 million plans at&nbsp;88 Waterloo Road, in the heart of <a href="/developments/macquarie-park-nsw-2113">Macquarie Park</a> next to the town centre, are for two towers, at 21 and 19 levels, dubbed Cottonwood and Waterloo.

Cottonwood and Waterloo will home 255 one, two and three-bedroom apartments above a shared mixed-use podium with car parking and retail.

Over 2,400 sqm, almost half of the total site area, will be dedicated to communal open space, while a further 30 per cent of the site will be covered by tree canopies.

The project prioritizes reconnecting landscaped areas to the surrounding Sydney Turpentine Ironbark Forest ecosystem, particularly contributing to the Waterloo Road Linear Park, a green spine running through the city centre. &nbsp;&nbsp;

<img alt="Legacy Property Billbergia Macquarie Park proposal" data-entity-type="file" data-entity-uuid="98225a57-ad51-47b9-ac89-fdaa59b6bded" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Cottonwood%20ground.png?VersionId=9OM_VQHUgu3U4Q1JAa8jWNTPxgdJc.f5" />

Billbergia Development Director of Planning and Development,&nbsp;Saul Moran, said Macquarie Park is a rapidly evolving suburb that is well-positioned to benefit from increased density.

"88 Waterloo Road will deliver 255 critically-needed new homes, serviced by essential retail and the new Metro station, while offering close access to key employment and study hubs."

Cottonwood Tower will deliver 124 apartments, while Waterloo Tower will feature 131 apartments. There will be a mix of configurations, with 60 one-bedroom, 98 two-bedroom, 85 three-bedroom, and 12 three-bedroom penthouses proposed.

Legacy Property CEO, Matthey Hyder, said the&nbsp;development is in one of the best locations in Sydney, opposite Macquarie Centre, overlooking a new park, within 200 metres of the new Macquarie Uni Metro station and Macquarie University.

Jim Koopman, Studio Director at architecture firm AJC, said&nbsp;88 Waterloo redefines urban living in Macquarie Park by blending high-quality residences with natural beauty.

"Our design integrates bioclimatic principles and eco-friendly features to create a sustainable and comfortable living environment.\

<img alt="Billbergia and Legacy Property Macquarie Park streetfront" data-entity-type="file" data-entity-uuid="b04bfa68-3cf1-444b-a51e-24e4065d9f4d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/02_StreetFront%20%28Credit%20AJC%20Architects%29.jpg?VersionId=Y0ynrG5f5EVvsp2hrk6hYaR5mrZQ2hch" />Credit:&nbsp;AJC Architects, 255-apartment complex in Macquarie Park

Macquarie Park is the largest non-CBD office market in Australia and home to the Macquarie Park Innovation Precinct, a group of organisations centred around Macquarie University.

The suburb was identified as an accelerated precinct under the NSW Government’s Transport Oriented Development (TOD) program in 2020. Macquarie Park Innovation Precinct Stage Two, a recent rezoning proposal by the Minns government, could see over 4,500 new homes delivered in the years to come - thanks to new residential zoning and developer concessions on build-to-rent (BTR) projects.

The proposal represents&nbsp;Billbergia’s second development on Sydney’s North Shore, on the backof its proposed $700 million mixed-use project at 8 Wilson Street in Chatswood.

Billbergia Development Director of Planning and Development, Saul Moran, said Macquarie Park is a rapidly evolving suburb that is well-positioned to benefit from increased density

Billbergia and Legacy Property plan $182m twin towers in Macquarie Park

It was just over a year ago that Ellipse Property Group announced it had received approval for one of the largest, and greenest, masterplanned developments in the booming Castle Hill.

Since then, they've launched the first stage, <a href="/new-apartments/carrington-place-castle-hill-36-carrington-road-castle-hill">Atrium</a>, sold half of its apartments, and begun groundworks after demolishing the previous buildings on the expansive 3.2-hectare site in the rapidly growing Showground Precinct.

Atrium comprises 147 apartments and sits as the gateway building to nature-fuelled masterplan that has over 30 per cent of site coverage dedicated to green open spaces.

[smartcode_project:default project_id=89496 project_image_fid=216770]

Ellipse Head of Development, Nigel Farquhar, said buyers have responded well to the design and amenity put into the apartments.

"Owner-occupiers have jumped at the opportunity to be a part of what is likely to be the greenest community to be produced in <a href="/developments/castle-hill-nsw-2154">Castle Hill</a>," Farquhar says, adding the team is seeing significant interest in the upper end of the market.

While generally downsizers are happy to wait for construction to be further advanced so they have more firm timelines to get their affairs in order and sell their current home, Farquhar says that hasn't been the case for some purchasers at Atrium.

[smartcode_project:default project_id=89496 project_image_fid=216765]

Downsizers, in particular, have been drawn to the design, finishes, and spacious layouts we offer, as well as the unique opportunity to collaborate with Ellipse's design team to alter floor plans at this early stage of construction,” says Farquhar.

“They are confident in committing, knowing that Ellipse is the developer and Decode, a gold star iCIRT-rated builder, is behind the project. They recognize the distinctiveness we’re offering and don’t want to risk missing out on the one-of-a-kind layouts available at this stage.

Farquhar notes that the architecture by Stanisic Architects and Tony Owen Partners, along with the masterplan’s landscape design by Site Image, has been a major drawcard for buyers.

“Ellipse’s design team, led by Associate Director Puja Khanna, recently refined some of the designs for the upper levels and penthouses. These updates were soft-launched and received a strong market response, with one penthouse being reserved at the early stage of hand sketches,” Farquhar says.

[smartcode_project:default project_id=89496 project_image_fid=216764]

Many apartments in Atrium are tailored to suit downsizers or right-sizing owner-occupiers, featuring expansive internal spaces that open onto generously sized balconies or garden courtyards.

A factor for these buyers has been the abundance of nature and space at Carrington Place, with over 20,000 sqm of recreational space and the one-kilometre boardwalk along Cattai Creek that connects the precinct to the nearby Fred Caterson Reserve.

Farquhar explains that future stages—of which there will be five—are designed to attract a broader range of demographics into the masterplan.

“The next stage will feature more diverse apartment configurations that will appeal to first home buyers and investors, while the current stage is primarily attracting owner-occupiers," he says. "There’s a significant demand for this type of product, but there isn’t much available on the market."

[smartcode_project:default project_id=89496 project_image_fid=216769]

Farquhar highlights that the new metro line has been a game-changer, particularly for investors. “The fundamentals haven’t been favourable for investors in recent years, as seen by the decline in investor activity across Greater Sydney and Australia. However, the shortage of rental apartments in the area, combined with the new metro opening, which provides young professionals with easy access to the city, is expected to offer investors a strong yield."

The new Hills Showground Metro will transport Castle Hill residents to Barangaroo in just 33 minutes.

<a href="/developers/ellipse-property-group">Ellipse Property Group</a> currently has two projects on the market: <a href="/new-apartments/carrington-place-castle-hill-36-carrington-road-castle-hill">Carrington Place</a>, featuring over 750 units, and <a href="/new-apartments/east-cowper-granville-2-6-cowper-street-granville">East and Cowper</a>&nbsp;in <a href="/developments/granville-nsw-2142">Granville</a>, offering 264 units. The group maintains a robust development pipeline with plans to deliver more than 1,000 homes in the next few years.&nbsp;

Ellipse is planning to release the second stage of the Carrington Place masterplan early next year, with <a href="/builders/decode">Decode</a> already on-site at Carrington Place, aiming to complete Atrium by late 2025. The entire masterplan is expected to be finalized by 2032.

&nbsp;

[smartcode_project_cta:default project_id=89496]

Farquhar explains that future stages—of which there will be five—are designed to attract a broader range of demographics into the masterplan

Inside the first stage success of Ellipse's $850 million Castle Hill masterplan, Carrington Place

<a href="/developers/coronation-property">Coronation Property</a> has launched the final apartments and terraces in the first stage of its unique multi-residential development in Sydney's inner west.

The $200 million <a href="/new-townhouses/ashbury-terraces-ashbury-165-171-milton-street-ashbury">Ashbury Terraces</a> offers something unseen before in the heritage suburb of <a href="/developments/ashbury-nsw-2193">Ashbury</a>, just past Dulwich Hill and south of Ashfield where there has been little to no new development in decades. That's because the majority of Ashbury is designated as a heritage conservation area, and is dominated by post-war brick bungalows.&nbsp;

There are so few development opportunities in the suburb that is only home to 3,000 people.&nbsp;

Designed by Coronation's longterm architecture partner <a href="/architects/sjb-architects">SJB</a>, Ashbury Terraces comprises 59 garden terraces and 68 premium apartments, as well as three penthouses.

[smartcode_project:default project_id=112253 project_image_fid=294597]

The one-bedroom apartments are considered, with a separate study nook positioned off the open-plan living spaces. The one, two and three-bedroom apartments feature integrated Fisher &amp; Paykel appliances and north-facing balconies.

The two and three-bedroom apartments have private balconies for each bedroom. Their balconies overlook The Garden, a private green space with landscaped pathway central to Ashbury Terraces, as well as the neighbouring W H Wagener Oval.

[smartcode_project:default project_id=112253 project_image_fid=294593]

The Terrace Collection features multi-level garden homes with three bedrooms, two bathrooms, and two parking spaces. These terraces are characterised by open atriums, skylights, private rooftop retreats, and spacious backyards and courtyards.

The development also includes several amenities for residents, such as a heated pool, outdoor dining spaces with barbeque facilities, a fully equipped gym, and access to electric car chargers.&nbsp;

with barbeque facilities, a fully equipped gym

[smartcode_project:default project_id=112253 project_image_fid=294629]

The first stage of Ashbury Terraces is now topped out and is expected to see residents move in by Christmas.

The second stage of the development, which has already commenced construction, is slated for completion in late 2025.

[smartcode_project_cta:default project_id=112253]

The first stage of Ashbury Terraces is now topped out and is expected to see residents move in by Christmas

Coronation Property release final residences in first stage of Ashbury Terraces as buyers eye Christmas move-in

Prolific property developer, ALAND, has brought yet another residential development to Sydney's western suburbs.

ALAND Founder and Owner Andrew Hrsto, along with Dr Andrew Charlton and Parramatta&nbsp;Lord Major Cr Pierre Esber, cut the ribbon on Paramount on Parkes, the latest in a long line of new apartment developments <a href="/builders/aland">ALAND</a> has delivered over the last two decades.

The $357 million, 46-level tower features 331 apartments and over 3,000 sqm of premium commercial space, cleverly located on the top five levels of the building.&nbsp;

[smartcode_project:default project_id=9187 project_image_fid=294800]

Dr Andrew Charlton praised ALAND for supplying exactly the type of high-quality homes that Parramatta needs to help drive the city’s future economic growth.

“We’ve got fantastic new transport infrastructure – from the light rail to the new Metro, wonderful new parks and recreation areas, the new pool and a new stadium,” Dr Charlton said at the ribbon cutting.

“What we need in this city is high-quality housing stock and we need it here in the CBD -- and that’s what you’ve provided. ALAND had the vision and the capability to create a building near public transport, in the middle of this thriving city – and that is what Australia needs right now."

<img alt="Hrsto" data-entity-type="file" data-entity-uuid="5a89bb70-5445-4002-8bb8-9039596de03c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Hrsto%20Parramatta.jpg?VersionId=8T4M9K7buOS11RCdL5dRxBKNdvfmbJHv" />Andrew Hrsto alongside Dr Andrew Charlton and Lord Mayor Cr Pierre Esber. Image supplied

<a href="/buildings/paramount-on-parkes-harris-park-14-20-parkes-street-harris-park">Paramount on Parkes</a>, which features amenities such as a swimming pool, landscaped gardens and a children’s play area, was named Best Mixed-Use Development in Australia at the prestigious 2023 Asia Pacific International Property Awards.

Parramatta Lord Mayor Cr Esber told the gathering that he would like to see many more buildings like Paramount on Parkes going up around the city in order to meet Parramatta’s current and future housing needs.

“There are only a few [construction] firms in Sydney that are capable of doing these projects and ALAND is one of them,” he said.&nbsp;

[smartcode_project:default project_id=9187 project_image_fid=294803]

Andrew Hrsto paid tribute to the entire ALAND team that has worked on Paramount on Parkes – the tallest structure in its 22-year history.

“I couldn’t be prouder of this building,” he said. “It’s a great achievement.”

Hrsto said putting his company’s name on the top of the building symbolised ALAND’s ongoing role in the development of Parramatta.

“This project is a centrepiece for ALAND, so much so that we will be moving our corporate headquarters here next year. That’s how committed we are to the future of Parramatta.”

ALAND has six display apartments to show prospective buyers.

Paramount on Parkes is expected to welcome its first residents next month.

[smartcode_project_cta:default project_id=9187]

Andrew Hrsto paid tribute to the entire ALAND team that has worked on Paramount on Parkes – the tallest structure in its 22-year history

ALAND opens Paramount on Parkes, Parramatta's new landmark apartment development

Deicorp's Marquet &amp; Mary, the prolific developer's first apartment development in <a href="/developments/rhodes-nsw-2138">Rhodes</a>, has got off to a flying start.

They've just secured a record two-bedroom apartment sale for the suburb, with an 87 sqm apartment on the 30-th level of the 32-level tower selling for $1.72 million.

The price was driven both by the track record that Deicorp is bringing to Rhodes, and the sweeping views the apartment will offer.

[smartcode_project:default project_id=141515 project_image_fid=287870]

Interest in the project has been high since the unveiling of its display suite at suite 803/5 Rider Boulevard, Rhodes, less than 300 metres from the site of the development at 1-9 Marquet Street.

<a href="/new-apartments/marquet-mary-rhodes-1-9-marquet-street-rhodes-nsw-2138">Marquet &amp; Mary</a> offers a total of 212 apartments in a building designed by popular architect&nbsp;<a href="/architects/fk-australia">Fender Katsalidis</a>&nbsp;who were appointed after winning a design excellence competition last year.

[smartcode_project:default project_id=141515 project_image_fid=287857]

The tower's apartments range from one to three bedrooms, with views either towards the Sydney skyline to the east or the Blue Mountains to the west.&nbsp;

The apartments will sit above a four-level podium that will include commercial and retail space.&nbsp;Residents will also have access to a rooftop terrace and garden, as well as another courtyard garden.

[smartcode_project:default project_id=141515 project_image_fid=287863]

<a href="/developers/deicorp">Deicorp</a>&nbsp;has had overwhelming success at the first stage of its <a href="/news/nsw/melrose-central-apartments-fly-off-the-shelves-at-weekend-launch">other recently launched apartment development</a>, Melrose Central.

CBRE took 50 contracts over the first weekend of its launch.&nbsp;<a href="/new-apartments/melrose-central-melrose-park-33-hope-street-melrose-park-nsw-2114">Melrose Central</a>&nbsp;will deliver a new community in the heart of the new Melrose Park Town Centre, on the edge of the Parramatta River. It will comprise around 500 apartments set above 30,000 sqm of retail and commercial space.

[smartcode_project_cta:default project_id=141515]

Marquet & Mary offers a total of 212 apartments in a building designed by popular architect Fender Katsalidis

Deicorp set new Rhodes apartment record with Marquet & Mary sale

The <a href="/developers/roche-group">Roche Group</a> has secured approval for its mixed-use development in <a href="/developments/lilyfield-nsw-2040">Lilyfield</a>, marking a significant milestone for the prime site at 469-483 Balmain Road, opposite Callan Park.

The approved plans allow for the construction of 89 apartments, 6,000 sqm of flexible employment space, and 1,200 sqm dedicated to creative purposes on the 6,824 sqm site. Five per cent of the residential units will be allocated for affordable housing.

The development will include six residential buildings, comprising 22 studio apartments, 40 two-bedroom apartments, and 27 three-bedroom units.&nbsp;

<img alt="Roche Group submit plans for impressive Lilyfield mixed-use development" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202023-07-06%20at%201.38.06%20pm.png?VersionId=1ko3Bkod_csZb3AXiS_KEGmL2eEfzo3D" />

The proposal also features the creation of a publicly accessible area, Bakers Square, situated behind the existing historic bakery building on the site.

The project aims to enhance the industrial employment offerings in the area, support the local artistic community, and introduce new urban living opportunities.

Designed by the architecture firm <a href="/architects/chrofi">CHROF</a>I, the development will blend residential and industrial spaces, fostering a community where people can live and work.

The design includes a 'Super Shed' and a 'Small Shed,' each carefully articulated to ensure good access to outlook, daylight, and ventilation.

<img alt="Roche Group submit plans for impressive Lilyfield mixed-use development" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-06%20at%201.25.37%20pm.png?VersionId=_2Zp2ydNRFYmTIMw9Ihl9d7BIJsYc7ge" />

These structures, along with the retained character buildings from the early 1900s, are intended to create a cohesive and vibrant precinct that connects new and old architecture.

The heritage impact statement prepared by NBRS notes that while the character buildings have undergone significant modifications over the years, they remain an important aspect of the site’s history.&nbsp;

The two-storey brick structures, originally constructed for the Pilchers Bakery Company, will be preserved as part of the development, maintaining a link to the area's industrial past.

With the approval now in place, the Roche Group's vision of a dynamic mixed-use precinct in Lilyfield is set to contribute to the ongoing revitalisation of the area.

[smartcode_project_cta:default project_id=140909]

Designed by the architecture firm CHROFI, the development will blend residential and industrial spaces, fostering a community where people can live and work

Roche Group approved for Lilyfield mixed-use development

The ambitious $900 million redevelopment of Tweed Shopping Mall has received concept approval, setting the stage for a significant transformation of the site into a mixed-use precinct.&nbsp;

The approved masterplan encompasses a vast 178,601 sqm area at <a href="/new-apartments/36-bay-street-tweed-heads">36 Bay Street</a> and 16-32 Wharf Street in <a href="/developments/tweed-heads-nsw-2485">Tweed Heads</a>,&nbsp;just south of the NSW-Queensland border.

The redevelopment will introduce 13 new buildings, each with a maximum height of 15 levels, including nearly 1,400 residential units comprising townhouses and apartments.&nbsp;

The project will also feature extensive commercial, retail, and recreational facilities, ensuring a diverse and vibrant environment for both residents and visitors.

&nbsp;

<img alt="Staged $900 million redevelopment set to transform Tweed Shopping Mall" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-23%20at%2011.34.52%20am.png?VersionId=Ob6ujTkmt.Cz25oTw4HcP5FwFscZ4f65" />

Central to the master plan is the integration of open spaces and public domains, with 24,665 sqm dedicated to green areas and 4,156 sqm to landscaping, which will enhance the aesthetic appeal and promote sustainability within the precinct.&nbsp;

Over 45,000 sqm of retail space will be anchored by three supermarkets and a fresh food market, catering to everyday shopping needs while promoting a healthy lifestyle.&nbsp;

Additionally, a 52-key hotel will be built on the site, covering 4,537 sqm, further boosting local tourism and supporting the economy.

The project also includes more than 14,000 sqm of office space, a medical centre, a cinema complex, a gym, a child care centre with a capacity of 200 children, and a wellness centre.&nbsp;

The development is designed to integrate seamlessly with the existing road network, introducing a new street and pedestrian network to facilitate smooth traffic flow and enhance accessibility.

<img alt="tweed" data-entity-type="file" data-entity-uuid="be735921-0697-46c8-8d83-5917d53a2668" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-27%20at%208.42.34%E2%80%AFAM.png?VersionId=gU58qtRE_LT5RMDu7K0n8S0VC8x0f1TV" />

The Tweed Shire Council granted deferred commencement approval in mid-June, aligning the project with the strategic vision for the Tweed CBD.&nbsp;

This approval marks a critical step forward in the revitalisation of Tweed Heads, positioning the area for continued growth and modernisation.&nbsp;

Elanor Investors Group's master plan aims to create a sustainable, integrated town centre that meets the growing demand for housing and aligns with modern consumer preferences for living, working, and leisure spaces.

The redevelopment of Tweed Shopping Mall reflects broader trends in the region, where similar projects are reshaping the landscape.

This approval marks a critical step forward in the revitalisation of Tweed Heads, positioning the area for continued growth and modernisation

$900m plans to reshape Tweeds Heads secure approval

Aqualand&nbsp;has broken the North Shore record for the highest sales revenue achieved in one week at its recently completed North Sydney apartment development, AURA by Aqualand.

The integrated developer-builder has sold $40 million worth of apartments in the luxury Walker Street building that was <a href="/news/nsw/aqualand-officially-opens-landmark-north-sydney-apartment-development-aura-by-aqualand">officially completed in late June</a>.

<a href="/developers/aqualand-australia">Aqualand</a> expects to break the record again in the coming weeks as sales momentum continues to ramp up. They saw over $100 million in sales in February 2024, the most in a single month since the&nbsp;<a href="/developments/north-sydney-nsw-2060">North Sydney</a> tower was launched in December 2021.

[smartcode_project:default project_id=30959 project_image_fid=292862]

Aqualand has been a record-setter in the North Shore before, at its luxury&nbsp;<a href="/buildings/blue-at-lavender-bay-61-lavender-street-milsons-point">BLUE at Lavender Bay</a>&nbsp;development where they sold a penthouse for around $9 million in 2018, the highest price paid for an apartment at the time in the region. That was then broken a few weeks later with a $10.5 million sale.

Aqualand’s Head of Sales and Marketing, Alex Adams, said contracts were exchanged across all configurations at&nbsp;<a href="/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA by Aqualand</a>,&nbsp;including one, two, three and four-bedroom residences.

“It’s been interesting that no particular product has outperformed the others, with sales evenly spread across all apartment types," Adams said.

"Every aspect of the building is selling extremely well, which proves our product offering perfectly reflects buyer demand."

Adams believes the increase in buyer commitment that week reflected the building’s recent completion, as well as the ongoing evolution of North Sydney, with the long-awaited opening of the Victoria Cross Station and broader Sydney Metro, as well as the opening of AURA’s four world-class hospitality outlets in the new Walker Street Precinct; Genzo, Sol Bread and Wine, Una Providore and Soluna.

[smartcode_project:default project_id=30959 project_image_fid=292863]

“Our market campaign was also amplified leading up to AURA’s completion, resulting in enquiries over the past six months from potential buyers who weren’t yet ready to transact, reengaging with the project and returning to buy," Adams added.

“We also know the change to our buyer journey moving our display showroom into the completed building, was well worth the significant investment, as they can now directly experience the completed building firsthand. They can see the build quality in the new showroom, and when we take them up into the stunning display apartments, the build quality and high-level of finishes is reinforced in their mind, instils confidence in us leading to increased conversion. These apartment tours have been heavily booked, and with all the amenities finished, they can see it offers the best quality in the Sydney market.

“Given most buyers are owner-occupiers, with downsizers being overtaken by more and more families leading the buyer demographic, there is a select number of luxury buyers less likely to transact on off-the-plan projects and wait until they can experience the build quality, materials and attention to detail firsthand. They’re conscious they’ll experience the building on a daily basis, so they need reassurance the quality and lifestyle offering we’ve delivered is exactly as promised."

[smartcode_project:default project_id=30959 project_image_fid=292866]

Adams said there are more families choosing to right-size into a three-bedroom apartment, and now downsizers,&nbsp;who initially led the charge of sales, are starting to come back, resulting in more four-bedroom sales around the $7 million mark.

“We know one main reason downsizers held back is because they had to sell their family home with little security around what they could sell for. However, the housing market has been more stable recently and values have increased, so this has provided more confidence, especially with interest rates stabilising as well. This provided more time to list their homes until they got the price they wanted.

“There’s still also a distinct lack of competition, with the ongoing shortage of project approvals due to council rejections, and hence other developers not submitting plans, which results in fewer options for purchasers of luxury property."

[smartcode_project:default project_id=30959 project_image_fid=292884]

Towering 28 storeys above the streetscape, and commanding extensive views of Sydney Harbour, the&nbsp;<a href="/architects/woods-bagot">Woods Bagot</a>-designed mixed-use residential community comprises 386 luxury apartments above a community precinct that includes a two-level curated food and beverage podium with four world-class venues operated by their hospitality business, Etymon Projects.

Residents are set to benefit from an elevated luxury lifestyle with amenities including a dedicated concierge service, wellness centre with gym equipped with world-leading fitness technology brand TechnoGym, pool and spa, as well as a rooftop with a sun deck, private dining spaces, and a barbecue and kitchen space.

[smartcode_project_cta:default project_id=30959]

Aqualand’s Head of Sales and Marketing, Alex Adams, said contracts were exchanged across all configurations at AURA by Aqualand, including one, two, three and four-bedroom residences

AURA by Aqualand sees record sales week as Sydney's luxury new apartment market ramps up

Buyers have jumped at the opportunity to become among the first to secure an apartment in the first apartment release at Melrose Central, the new multi-stage masterplan by Deicorp and PAYCE in the transformative Melrose Park urban renewal project.

CBRE took 40 deposits on the opening launch of the display suite at <a href="/new-apartments/melrose-central-melrose-park-33-hope-street-melrose-park-nsw-2114">Melrose Central</a>&nbsp;which will deliver a new community in the heart of the new Melrose Park Town Centre, on the edge of the Parramatta River. It will comprise around 500 apartments set above 30,000 sqm of retail and commercial space.

[smartcode_project:default project_id=134220 project_image_fid=289883]

CBRE Residential Project Managing Director, David Milton, says Melrose Central represents great value for buyers.

"Our two-bedroom, two-bathroom apartments are priced under $1 million. If you go to any of the neighbouring suburbs, you can't get that kind of value," Milton suggests.

Milton says the buyer pool has been diverse, with first home buyers, local owner-occupiers, and even investors purchasing.

[smartcode_project:default project_id=134220 project_image_fid=289894]

Since the bumper sales day at the weekend, CBRE has signed several more contracts, taking sales closer to 50.

Designed by <a href="/interior-designers/turner-studio">TURNER STUDIO</a>, the $700 million Melrose Central is a key component of the 55-hectare Melrose Park North Urban Renewal Precinct near the Parramatta River.

Melrose Central is positioned to offer residents the convenience of living near a major shopping centre, parks, and open spaces, all within proximity to the planned Parramatta Light Rail.&nbsp;

The development will include six buildings, each with its unique design elements, rising above a five-level podium that will house a Coles supermarket, specialty stores, health and wellness facilities, and various retail and hospitality venues.&nbsp;

[smartcode_project:default project_id=134220 project_image_fid=289887]

Work on the site has already begun in February, and stage one will see the construction of the podium and three of the six buildings, with completion expected by mid-2027.&nbsp;

The remaining three buildings will follow, culminating in a development that will contribute to the broader Melrose Park precinct which in total will deliver around 6,000 apartments to Sydney's chronically undersupplied housing market.

The Melrose Park urban renewal project has been eight years in the making, with initial planning discussions dating back to 2016.&nbsp;

[smartcode_project_cta:default project_id=134220]

CBRE Residential Project Managing Director, David Milton, says Melrose Central represents great value for buyers.

Melrose Central apartments fly off the shelves at weekend launch

Lendlease&nbsp;has confirmed to its shareholders that it will again team up with&nbsp;Mitsubishi Estate Asia on a new development in Sydney's Eastern Suburbs.

The much-publicised site at 1 Darling Point Road had been owned by international development company Anka Property, who for years had&nbsp;been in discussion with the Woollahra Council for the 1,748 sqm site opposite the Edgecliff Centre and Edgecliff Station.

Despite initially being refused by the council back in 2021, they backflipped on the design earlier this year, paving the way for the tower which is nearly four times the area height limited.

Anka then decided to sell the 1,700 sqm site, on the corner of New South Head Road and Darling Point Road.&nbsp;<a href="/developers/lendlease-development">Lendlease</a> and&nbsp;Mitsubishi Estate Asia is now planning a&nbsp;mixed-use, residential-led scheme with associated amenities and commercial and retail spaces, subject to planning approval. Anka had planned a 12-level building with around 40 apartments.

<img alt="Darling Point" data-entity-type="file" data-entity-uuid="2b7c41d4-3b7b-4cf2-8100-e94d25637f13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-22%20at%2011.24.27%E2%80%AFAM.png?VersionId=T_YTjahY9OLlek8EvfkfjTUkoQudWOAl" />

The 50/50 joint venture marks the sixth project <a href="/developers/lendlease-development">Lendlease</a> and Mitsubishi Estate Asia&nbsp;have undertaken together. Previous ventures include <a href="/new-apartments/one-sydney-harbour-6-watermans-quay-barangaroo">One Sydney Harbour</a>, <a href="/new-apartments/one-circular-quay-1-alfred-street-sydney">One Circular Quay</a>, Sydney Place, and <a href="/buildings/east-tower-melbourne-quarter-628-flinders-street-docklands">Melbourne Quarter’s East Tower</a>.&nbsp;

Construction is earmarked to start on the development in 2026.

Tom Mackellar, CEO of Development Lendlease, said the&nbsp;acquisition supports the strategic growth of their development pipeline in Australia.

“We look forward to working alongside our trusted development partner, Mitsubishi Estate Asia, to deliver high-quality housing to this highly connected and sought-after neighbourhood in Sydney’s Eastern Suburbs.”&nbsp;

Head of Australia, Mitsubishi Estate Asia Head of Australia,&nbsp;Yuzo Nishiyama, said the&nbsp;highly strategic investment that Mitsubishi Estate Asia has made with Lendlease will capitalise and extend on the strong success they have shared together in Sydney’s luxury residential market. &nbsp;

It also reinforces our commitment to do more with our partners in sectors that deliver attractive risk-adjusted returns for our Australian business. We look forward to making more investments in Australia’s residential market to help address the prevailing supply shortage.”

Tom Mackellar, CEO of Development Lendlease, said the acquisition supports the strategic growth of their development pipeline in Australia

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