Iwan Sunito's vision for a landmark mixed-use precinct in Sydney's Inner West has taken a major step forward, with approval granted for the $1.9 billion Five Dock development first unveiled earlier this year.

The approved scheme by <a href="https://www.apartments.com.au/developers/one-global-capital">One Global Capital</a> will deliver an 80,500 sqm mixed-use precinct comprising 840 apartments, integrated hotel accommodation, commercial and retail space, alongside publicly accessible open space designed to create a new destination for the growing suburb.

"This is a significant milestone for One Global Capital and for the future of housing delivery in Sydney," Sunito said.

"The Housing Delivery Authority was established to identify major housing projects capable of delivering meaningful supply more efficiently, and we are delighted that Spencer Street has been recognised as one of those projects.”

He said the declaration reflected the rapid progress achieved since acquiring control of the site.

"In less than seven months we have progressed from taking control of the site to securing entry into one of the NSW Government's most important planning pathways. It reflects the experience of our team, the strength of our consultant group led by Urbis, and our long-term commitment to delivering transformational projects that contribute to Sydney's future."

When the project was revealed earlier this year, Sunito described the opportunity as one of the strongest development sites he had worked on.

"I probably hadn't appreciated the uniqueness of the site until more recently when putting together the concept plans," Sunito said.

"The proximity to the water, and the golf course opposite, is unlike any other part of Parramatta Road. We have a unique position and view corridors over the water that makes this one of the best sites I've worked on."

The development has evolved since its initial announcement, with the approved plans increasing the residential component from the originally proposed 750 apartments to 840 homes while retaining the project's focus on creating an integrated neighbourhood rather than a standalone residential development.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/a-city-within-a-city-iwan-sunito-flags-1-5-billion-mixed-use-precinct-in-five-dock">"A city within a city": Iwan Sunito flags $1.5 billion mixed-use precinct in Five Dock</a>

The precinct will combine apartments with hotel accommodation, commercial workplaces, retail offerings and public spaces, creating a mixed-use environment intended to serve both residents and the broader Five Dock community. The proposal also continues the collaboration between One Global Capital and internationally recognised architect <a href="https://www.apartments.com.au/architects/koichi-takada-architects">Koichi Takada</a>, whose previous work with Sunito includes Infinity, Arc and Skye North Sydney.

Takada previously said the design was driven by a philosophy of integrating nature into the built environment.

"The concept for this development is born from our design approach to naturalising architecture," Takada said.

"The public realm benefits from biophilic design that integrates generous landscaping, and the development is optimised for natural daylight, airflow and water views to foster wellbeing, sustainability and spaces that foster community interaction."

Sunito has consistently described the project as a "city within a city", with a strong emphasis on creating a destination that extends beyond housing.

"We want to create a development that's not only to be seen, but to be experienced by the whole local community," he said.

The approval comes as Five Dock continues its transformation ahead of the opening of the Sydney Metro West line, with the new Five Dock station set to significantly improve connections between the Inner West, Parramatta and the Sydney CBD.&nbsp;

The precinct will also benefit from its proximity to the Parramatta Road corridor, nearby waterfront parklands and established retail and dining offerings that have made Five Dock one of Sydney's most tightly held Inner West suburbs.

Joel Robinson

Iwan Sunito secures approval for $1.9 billion Five Dock mixed-use precinct

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]

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

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?

Joint venture partners Deicorp and PAYCE have launched the first collection of apartments in their $700 million Melrose Park development.

<a href="/new-apartments/melrose-central-melrose-park-33-hope-street-melrose-park-nsw-2114">Melrose Central</a>&nbsp;will form part of the 30 hectare&nbsp;Melrose Park North Urbal Renewal Project&nbsp;near the Parramatta River and will deliver just under 500 one, two and three-bedroom apartments starting from $650,000.

The six buildings designed by <a href="/architects/turner-studio">Turner Studio</a> will sit above a five-level podium that will home a 30,000 sqm shopping centre anchored by a Coles supermarket and supported by several speciality stores, health and wellness facilities, and retail and hospitality venues.

&nbsp;

[smartcode_project:default project_id=134220 project_image_fid=289882]

Melrose Central has been eight years in the making. The initial planning discussions for the unused site kicked off back in 2016.

One of the biggest drawcards to Melrose Central will be how connected it is to Greater Sydney. It will have its own station as part of the Parramatta Light Rail Link which will be two stops to Wentworth Point, near its ferry terminal, six stops to Sydney Olympic Park, and nine stops to Parramatta.

[smartcode_project:default project_id=134220 project_image_fid=289877]

The development will incorporate private communal spaces and reinforce key site links established in the masterplan, dividing the large site into smaller, walkable building footprints.

The project will feature four distinct quadrants, each with its unique colour palette, materials, and place-making elements to emphasise the identity of the corner buildings.

[smartcode_project:default project_id=134220 project_image_fid=289888]

Stage one will see the five-level podium constructed, as well as three of the buildings. They will rise six, 15, and 24 levels, with the same heights planned for the other three buildings.

Early site works kicked off on site back in February. Deicorp is expecting Melrose Central to be complete by 2027. There will be around 6,000 apartments in the broader Melrose Park precinct.

<a href="/developers/deicorp">Deicorp</a>, founded in 1999 by&nbsp;Fouad Deiri, is currently building&nbsp;4,400 new apartments across 11 projects in Greater Sydney.

Their recent applications have been for new precincts in <a href="/news/nsw/first-look-exclusive-deicorp-submit-plans-for-joynton-square-mixed-use-zetland-precinct">Zetland</a> and <a href="/news/nsw/deicorp-lodge-state-significant-development-application-for-1-200-apartments-in-five-dock">Five Dock</a>.

[smartcode_project_cta:default project_id=134220]

Melrose Central has been eight years in the making. The initial planning discussions for the unused site kicked off back in 2016

First opportunity to buy Melrose Central apartments in Melrose Park

Demand for new apartments on the Lower North Shore increased to their highest levels in over two years in the second quarter of 2024.

Data from <a href="https://industry.urban.com.au/data-insights">MatterFact</a>, <a href="/" target="">Apartments.com.au's</a>&nbsp;new data product, showed enquiry jumped 20 per cent between Q1 2024 to Q2 2024 across Lower North Shore suburbs, with the likes of <a href="/new-apartments/north-sydney-nsw">North Sydney</a>, <a href="/new-apartments/crows-nest-nsw-2065">Crows Nest</a>, <a href="/new-apartments/mosman-nsw-2088">Mosman</a> and <a href="/new-apartments/roseville-nsw-2069">Roseville</a> seeing the largest increases.

Enquiry hasn't been at this level since 2022.

Increased levels of enquiry were the most prevalent at the upper end of the market. While the most popular price point enquired on across the Lower North Shore in Q2 2024 was between $1.5 million to $2 million, the biggest increase in enquiry came in the $3.5 million to $4.5 million range.

Smaller, boutique apartment developments in some of the Lower North Shore's most affluent suburbs saw a lot of interest, while the ever-popular <a href="/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA by Aqualand</a>, recently completed by Aqualand's inhouse construction arm on North Sydney's dress circle Walker Street, saw an increase in its luxury three-bedroom apartments toward the top of the Woods Bagot designed tower.

[smartcode_project:default project_id=30959 project_image_fid=286062]

The suburb search on Apartments.com.au didn't throw up too many curveballs for the Lower North Shore compared to recent quarters.&nbsp; The most searched suburb for every quarter over the&nbsp;last 12 months has been <a href="/developments/chatswood-nsw-2067">Chatswood</a>,&nbsp;one of the northernmost suburbs in the Lower North Shore.

There are only a handful of new apartment developments in the market in Chatswood. Central Element's <a href="/new-apartments/ethos-15-ellis-street-753-pacific-highway-chatswood">Ethos Chatswood</a> launched in late 2022 and is on track to complete its construction by late 2025. Over 70 per cent of the 49 apartments have sold to date. Goldfields Group is developing <a href="/new-apartments/the-bryson-of-chatswood-871-877-pacific-highway-chatswood">The Bryson of Chatswood</a> nearby, 70 apartments across a 23-level tower.

The newest entry to the Chatswood new apartments market has been <a href="/new-apartments/hammond-greens-chatswood-5-9-gordon-avenue-chatswood">Hammond Greens</a>&nbsp;by Tian An, one of Australia’s oldest listed property developers. The FJC Studio designed tower offers 64 apartments across 27 levels on Gordon Avenue, next to the Chatswood Bowling Club.

The apartments will sit above&nbsp;1,476 sqm of retail and commercial space, aiming to offer a diverse hybrid work environment and communal spaces to foster connection with the local and broader community.

[smartcode_project:default project_id=142900 project_image_fid=252178]

Chatswood buyers are expected to have more choice next year given the number of development applications filed last year following the amendment to the&nbsp;Chatswood CBD Planning and&nbsp;Urban Design Strategy&nbsp;2026. The amendment saw the CBD boundary expanded to the north which opened up the height limit to another area of the city.

Last year Bridgestone <a href="/news/nsw/bridgestone-file-for-two-tower-chatswood-apartment-project">filed for two towers with 95 apartments</a>, while VIMG <a href="/news/nsw/first-look-vimg-plot-two-tower-chatswood-apartment-development-nelson-place">wants to develop two towers</a> with over 190 apartments.

Busy developer <a href="/developers/billbergia">Billbergia</a> also proposed two new towers, their first development in the area. They're planning <a href="/news/nsw/billbergia-focus-on-hybrid-remote-working-at-new-chatswood-apartment-development">two slim 27-level towers with 251 apartments</a> atop a podium with retail, commercial showrooms and&nbsp;flexible SOHO style live/work offerings.

<a href="/developers/coronation-property">Coronation Property</a> is expecting to launch its Chatswood tower in 2025. That will have around <a href="/news/nsw/coronation-property-acquires-200-million-chatswood-development-site-expect-130-apartment-tower">114 apartments at 57-61 Archer Street</a>, in the centre of the suburb and across the road from key amenities including Westfield Chatswood and Chatswood Chase.

<img alt="Coronation" data-entity-type="file" data-entity-uuid="f05e8633-0532-4cfa-a309-20e7fd32fbcf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-06%20at%2010.10.18%E2%80%AFAM.png?VersionId=uTqa0zg.Zj88AMRoj3nP.s_N5aLFdrJl" />Coronation Property's Chatswood apartment development on Archer Street. Image credit: Coronation Property

There's been noteworthy development applications filed in Q2 2024, pointing to further improved supply in the medium term.

<a href="/developers/cbus-property">Cbus</a> and Galileo <a href="/news/nsw/first-look-exclusive-cbus-and-galileo-revise-plans-for-new-north-sydney-apartment-development-east-walker-street">revised plans for their North Sydney apartment development</a> on Walker Street, just up the road from AURA by Aqualand.

Urban revealed in mid-2022&nbsp;<a href="/news/nsw/first-look-cbus-lodge-plans-for-striking-walker-street-apartment-tower-in-north-sydney">Cbus' original plans</a>&nbsp;for the new on a prime 3,950 sqm site across 173-179 Walker Street and 11-17 Hampden Street.

They've gone back to the drawing board and brought in&nbsp;<a href="/architects/rothelowman" target="">Rothelowman</a>&nbsp;to rejig the plans, add more levels, and reconfigure the apartment mix to have 258 apartments, over five per cent of which are reserved for affordable housing which now triggers increased height levels for new apartment developments.

Developer <a href="/developers/twt-property-group">TWT</a> is pushing forward with its multi-stage, 9,500 sqm masterplan <a href="/new-apartments/the-collective-crows-nest-23-35-atchison-st-crows-nest">The Collective</a>, on the fringe of Crows Nest. Soon to launch the first building of apartments, TWT <a href="/news/nsw/first-look-exclusive-twt-expand-1-billion-st-leonards-precinct">filed for a future stage</a>, two mixed-use buildings with 137 apartments above what will become a thriving commercial, retail and hospitality precinct.

Earlier this year&nbsp;<a href="/news/nsw/twt-appoint-westbourne-construction-to-build-first-stage-of-1-billion-st-leonards-masterplan-the-collective">TWT apppointed Westbourne Constructions</a>&nbsp;as the builder of the masterplan.

The inaugural phase of The Collective will introduce 93 residences with one to four-bedroom configurations. The low-density design has been created by Team2 Architects and will have interiors by DBI.

What are new apartment buyers in Sydney's Lower North Shore looking for? MatterFact Insight

Integrated builder, architect and developer TQM is planning more apartments in Sydney's burgeoning southern suburbs.

They've sought to develop a 12-level building at 41-51 Duncan Street, Arncliffe, in between <a href="/developments/arncliffe-nsw-2205">Arncliffe</a> Station and Kogarah Golf Club. It will have 94 one, two and three-bedroom apartments. It will sit next to their recently completed development, <a href="/buildings/ventura-residences-arncliffe-2-kyle-street-arncliffe">Ventura Residences</a>.

There had been previous approval from Bayside Council for 60 apartments across a seven-level building before the upscale plans were recently submitted for the&nbsp;3,070 sqm site on the corner of Duncan Street and Kyle Street.

<img alt="Duncan St Arncliffe" data-entity-type="file" data-entity-uuid="39ae54f7-11bc-4c06-9d90-d3136c41ce8b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-06%20at%209.05.13%E2%80%AFAM.png?VersionId=S68t.DO7qRRtInHx9Kzqg6rz9d1n3rjJ" />

The $32 million project aims to address the demand for affordable housing, targeting very low to moderate-income households and providing adaptable living options for people with disabilities.&nbsp;

The development will offer 11 one-bedroom, 69 two-bedroom, and 14 three-bedroom apartments atop a three-level basement for 92 residential parking spaces, 19 visitor parking spaces, eight motorcycle spaces, and 114 bicycle spaces.

The Duncan Street development was designed by <a href="/architects/design-workshop-australia">Design Workshop Australia</a> to maximise solar access and minimise overshadowing, with units primarily facing north.&nbsp; The building layout also ensures adequate separation between structures for ventilation, daylight, and outlook.

The project will also include 1,161 sqm of communal open space and landscaping that will feature indigenous plants to integrate with the natural environment.

<a href="/developers/tqm-group">TQM</a>, founded in 1999 by Maroun Taouk, has an extensive pipeline of apartments, predominantly in South Sydney, but as far south as Wollongong and as far north as Gosford.

They're currently selling <a href="/new-apartments/fox-lane-rockdale-499-princes-highway-rockdale">Fox Lane in Rockdale</a>, <a href="/new-apartments/lotus-residence-hurstville-105-forest-road-hurstville">Lotus Hurstville</a>, and <a href="/new-apartments/the-grand-gosford-27-37-mann-street-gosford">The Grand Gosford</a>.

mikah.m@urban.com.au

TQM file for more Arncliffe apartments

As Sydney exits winter, the Eastern Suburbs new apartment market is starting to hot up once more.

Despite the chill setting in, enquiry across Australia's most affluent region remained strong.

Q1 2024 saw the highest level of enquiries for the Eastern Suburbs on Urban since 2022, surpassing the previous peak in Q4 2023, according to data from <a href="https://industry.urban.com.au/data-insights">MatterFact</a>, Apartments.com.au's new data product.

While demand cooled from the Q1 spike, Q2 2024 was comparable with Q4 2023, showing a prolonged increase in demand in the last three quarters in the Eastern Suburbs.

Demand in Q1 2024 was primarily driven by the upper end of the market. There were more enquiries for apartments between $2.5 million and $4 million than there were for apartments priced under $2.5 million.

Q2 saw a shift back to affordability, with the final release of apartments at Crown Group's <a href="/developments/eastlakes-nsw-2018">Eastlakes</a> apartment development, <a href="/buildings/the-grand-residences-eastlakes-16-evans-avenue-eastlakes">The Grand Residences</a>. The two-bedroom apartments in The Grand Residences are selling for well below $1 million.

Due to a shareholder dispute, Crown Group was placed into provisional liquidation in August 2023. The apartments are now being released to the market in an ordinary wind-down of the Group. &nbsp;

The first stage of the project, above a vibrant precinct with 15 retailers, features Crown Group’s signature high-end amenity that includes a 25-metre heated pool, gym, landscaped gardens, BBQ facilities, and rooftop deck with panoramic views.

[smartcode_project:default project_id=7652 project_image_fid=262585]

<a href="/developments/bondi-junction-nsw-2022">Bondi Junction</a> proved to be the most popular eastern suburb in Q2 2024. It was the most searched postcode on Urban in the three months to July, followed by <a href="/developments/rose-bay-nsw-2029">Rose Bay</a>, <a href="/developments/bellevue-hill-nsw-2023">Bellevue Hill</a> and <a href="/developments/maroubra-nsw-2035">Maroubra</a>.

<a href="/new-apartments/the-centennial-collection-east-sydney-2-nelson-street-bondi-junction">The Centennial Collection</a>, at the eastern end of Bondi Junction bordering Centennial Park, is the only&nbsp;new development in market in the area. The two adjoining 10-level buildings with 73 apartments feature two swimming pools, one on the roof and one winter pool, protected on the side of one building.

The Centennial Collection is on target to be completed by late 2025.

[smartcode_project:default project_id=136076 project_image_fid=212615]

Its developer, Stargate, <a href="/news/nsw/first-look-exclusive-stargate-seek-new-oxford-st-bondi-junction-apartment-development">filed plans for another Bondi Junction site</a>&nbsp;recently, just 400 metres down the road from The Centennial Collection. They're proposing 111 apartments across a 15-level building designed by SJB at 362-384 Oxford Street, on the corner of Oxford and Newland Street.

There's been significant newsworthy activity across the Eastern Suburbs in Q2 2024, however the most significant was probably from Bondi Beach where the penthouse atop Hall &amp; Campbell at 124-126 Campbell Parade, developed by Allen Linz's Rebel Property and Eduard Litver's Capitel Group, <a href="/news/nsw/hall-campbell-sets-new-apartment-record-in-bondi-beach">sold for a record $105,000 per square metre</a>.

The $23 million, five-bedroom apartment sits atop the building that is currently under construction by Trescon.

The redevelopment of the&nbsp;<a href="/news/nsw/coogee-bay-hotel-redevelopment-gets-the-green-light-after-five-years-of-planning">Coogee Bay Hotel into a mixed-use development</a> with 58 new apartments above 11 new retail spaces was greenlit, while builder, developer, and architect powerhouse <a href="/developers/orosi">Orosi</a> sought to create <a href="/news/nsw/first-look-exclusive-orosi-plan-rose-bay-shoptop-on-key-gateway-site">one of the largest developments</a> Rose Bay has seen in decades.

<img alt="Orisi" data-entity-type="file" data-entity-uuid="a20f43b1-e0f0-41a3-847d-2e48134b7cab" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-05%20at%2010.32.52%E2%80%AFAM.png?VersionId=vENx8CogDGDxxynmUV4eXN_0lctM.MSq" />The Rose Bay plans submitted by Orosi for <a href="/new-apartments/orosi-rose-bay-1-the-avenue-rose-bay">1 The Avenue</a>. Image supplied

At the halfway point in the year, we pulled together the top new proejcts that are expected to be live and in market before the end of 2024.

To see that list, which covers projects in Bondi, Edgecliff and Rose Bay, <a href="/news/nsw/the-eight-hottest-off-the-plan-apartment-developments-coming-to-sydney-in-2024">click here</a>.

What are new apartment buyers in Sydney's Eastern Suburbs looking for? MatterFact Insight

The Avidan family's DARE Property Group is taking its well-regarded Eastern Suburbs development ethos to Mosman, where they're planning on bringing in a new era of shoptop housing to the Lower North Shore's most affluent suburb.

Earlier this year <a href="/developers/dare-property-group">DARE</a> secured a prime&nbsp;1,286 sqm, triple site at&nbsp;696, 700 and 706 Military Road, in the heart of Mosman.

It is&nbsp;currently occupied by tired shoptop housing, which is set to make way for&nbsp;<a href="https://www.apartments.com.au/new-apartments/amara-mosman-696-706-military-road-mosman-nsw-2088">AMARA</a>, a fresh new building designed by DKO Architecture who says the proposal considers Mosman’s eclectic character, materiality and colour along Military Road and heritage surrounds.

"As&nbsp;Mosman evolves further to meet changing conditions, it is vital that its architecture and built fabric changes to preserve and improve on its identity, while responding to the needs of a new generation," DKO noted in the Design Outline submitted to the local council.

<img alt="DARE" data-entity-type="file" data-entity-uuid="cbc79f40-4763-4e74-9826-089fbf16aeb7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-05%20at%209.14.10%E2%80%AFAM.png?VersionId=Qckx.F2O3M6oTEFn.elZpxX6f05BlPaw" />

The plan is for 27 apartments above a revived street-level retail. There will be one, two and three-bedroom largescale apartments on offer.

The apartments wrap around a central courtyard which DKO says is a key feature for the project and a point of difference for the development's community.

"Open to the sky, this central courtyard is filled with natural daylight, allowing plants to thrive. Additionally, planters off each level’s residential lobby places nature at the doorsteps of individual homes. With common corridors open to the sky and landscape, a unique entry experience is crafted for residents."

<img alt="DARE" data-entity-type="file" data-entity-uuid="c8a324c2-5cfe-448d-a5fe-f832ec05a028" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-05%20at%209.15.44%E2%80%AFAM.png?VersionId=BPcSeEYttGWgCoFP17PDUebF1SZemBEb" />

David Avidan says Mosman is at a crucial point in the suburb's lifecycle.

"As consumers pivot away from shopping malls, the opportunity has never been greater to reinvigorate the local streetscape with European-style cafes, bars and desirable retail," Avidan said.

"DARE is committed to delivering a project that will meet the needs of the Mosman community, as well as compliment the existing village life by way of delivering spaces that will attract renowned retailers who would have previously overlooked the idyllic enclave” &nbsp;

DARE is committing to the NSW Government's push for affordable housing. Eight of the 27 apartments will be affordable housing.

"Providing diversity in housing for the Mosman community assists in creating a vibrant and inclusive neighbourhood," DKO noted.

DARE Property Group has predominantly operated in the luxury Eastern Suburbs market. They're currently developing <a href="/buildings/fontaine-vaucluse-63-new-south-head-road-vaucluse">Fontaine at Vaucluse</a>, just six luxury apartments, as well as <a href="/new-apartments/piper-2a-wunulla-road-point-piper">Piper</a>, 15 apartments on Point Piper's dress circle Wolseley Road in a joint venture with Fortis.

In mid-2023 DARE completed <a href="/new-apartments/kalypso-63-fletcher-street-tamarama">Kalypso</a> in Tamarama, where the $17 million penthouse sold for a record $96,500 per sqm.

"As consumers pivot away from shopping malls, the opportunity has never been greater to reinvigorate the local streetscape with European-style cafes, bars and desirable retail," David Avidan said.

First look exclusive: Established luxury developer Dare Property Group plants a flag in Mosman with AMARA

Billbergia, one of Sydney's most active developers, is continuing to assist in helping the NSW Government reach its ambitious goal of delivering 376,000 new dwellings, including approximately 15,800 social and affordable homes, by 2029.

<a href="/developers/billbergia">Billbergia</a> has lodged a State Significant Development Application for a mixed-use apartment development at a 1,537 sqm site in <a href="/developments/rhodes-nsw-2138">Rhodes</a>. They're seeking a 30 per cent height uplift, given the amount of affordable housing they're including in the tower.

The Design Excellence Scheme by Group GSA was for 37 levels, but Billbergia is seeking to add a further 11 levels given their commitment to 15 per cent affordable housing. The uplift takes the 117-metre permitted height to 152 metres.

<img alt="Billbergia" data-entity-type="file" data-entity-uuid="273a3e54-c278-4918-87b9-2d716c7487f8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-02%20at%2011.50.50%E2%80%AFAM.png?VersionId=g6tIkgXkLZR3wWddt5n0u.MHYSrLAfI_" />

The site at 9 Blaxland Road and 424 Concord, situated in the central area of Rhodes, has been identified as an important Strategic Centre in the Eastern City District Plan, with significant potential for creating additional jobs and homes.

Currently occupying the site is the Rhodes Business Centre, a four level commercial office building which Group GSA says "lacks active frontages at the ground level and engages with the surrounding public domain poorly."

The new development aims to capitalise on Rhodes' proximity to transport corridors, employment centres, and recreational facilities, making it suitable for affordable and market housing.

<img alt="Billbergia Rhodes" data-entity-type="file" data-entity-uuid="00ac135c-3e83-43bc-95db-8a300cd374e9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-07%20at%2010.27.50%E2%80%AFAM.png?VersionId=dfX75J49coa.udoSoWhCBKAnuMCYjgvK" />

The 48-level mixed-use residential tower will home 319 apartments, with 15 per cent designated to affordable housing.&nbsp;

The apartment mix comprises 13 studios, 54 one-bedroom apartments, 129 two-beds, 114 three-beds, five four-bedroom, and four five-bedroom units, set above 1,333 sqm of retail and commercial spaces in the podium.

An architectural design competition held in April 2023 saw&nbsp;<a href="/architects/group-gsa">Group GSA</a>&nbsp;chosen to design the building which will sit in landscaping by&nbsp;Singapore-based landscape architects Salad Dressing.

"The landscape design has been embedded into the architecture of the proposed building, creating a ‘vertical forest’ and ‘community in the sky’," the documents submitted to NSW Major Projects planning portal.

"The vertical forest will soften the building and improve the visual amenity of the site."

There will be a green link between the ground floor and the public domain up to the rooftop canopy.

<img alt="Billbergia" data-entity-type="file" data-entity-uuid="7c1b479c-7ed9-4d33-9174-26f8bee43bbc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-02%20at%2011.50.57%E2%80%AFAM.png?VersionId=sNgqfPi8Ar0FI.Nlpuwu_bFbjVvI..Kr" />

Communal spaces are also integrated into the design, with two areas of communal open space for residents.

The development will include 12 basement levels for 280 car parking spaces, 723 bicycle parking spaces, and 64 motorbike spaces.

New street trees will be planted in the public domain and along all road frontages, and a rooftop canopy will offer additional greenery.

The site's location is highly accessible, with an entry portal to the Rhodes Train Station immediately adjacent to Blaxland Road and nearby bus services on Concord Road.

The site at 9 Blaxland Road and 424 Concord Road, situated in the central area of Rhodes, has been identified as an important Strategic Centre in the Eastern City District Plan

First look: Billbergia plot Rhodes tower with affordable housing uplift

Sydney and Melbourne property developer, Time &amp; Place, has been given the green light for its first project on Sydney's Northern Beaches.

They'll be developing in <a href="/developments/manly-nsw-2095">Manly</a>&nbsp;where they've secured approval for Two Tides, a five-level, $100 million development with 24 apartments at <a href="/new-apartments/two-tides-manly-9-raglan-street-manly-nsw-2095">35-43 Belgrave Street</a>.

The two and three-bedroom apartments will sit above ground-floor retail.

Designed by&nbsp;<a href="/architects/sjb-architects">SJB Architects</a>&nbsp;to target&nbsp;local downsizers and rightsizers, the development primarily aims to appeal to residents who have lived in Manly for many years and want to stay in the suburb.

<a href="/developers/time-place">Time &amp; Place</a> Director, and Manly local, Evan Papadopoulos, said they have developed a building that they believe is tailored to optimise all the best things Manly has to offer.

"Future residents will appreciate the proximity to the beach and convenience to the ferry. They likely have grown up in Manly or lived here for many years and appreciate the unique lifestyle that Manly offers, where you can wake up at 6:30, be surfing by 7, then be back home, showered, and in the city by 8:30am."

<img alt="Manly" data-entity-type="file" data-entity-uuid="192b4ba2-c97b-460f-aa6c-6b6a55472899" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-01%20at%205.55.55%E2%80%AFPM.png?VersionId=sDBLUOWqc95g3E7.xq6Zdyw6thZRpagm" />

He said the team is particularly proud of the penthouses which will introduce generous outdoor spaces that offer unparalleled views.

&nbsp;

"As a Manly local, I am incredibly proud to bring this exceptional development to the heart of our vibrant neighbourhood. Time &amp; Place is deeply invested in Manly, and we are keen to establish ourselves as an integral part of this tight-knit community.

"This development will not only bolster the local economy but also enrich the lives of residents, enhancing the unique and inspiring lifestyle that makes Manly so special. We are steadfast in our commitment to this amazing part of Sydney and are actively looking for new opportunities in the area."

Time &amp; Place is currently in active conversations with a local favourite retailer to occupy the ground floor retail space.

Time & Place Director Evan Papadopoulos, said they have developed a building that they believe is tailored to optimise all the best things Manly has to offer.



Time & Place secure approval for Two Tides, Manly apartment development

There's no slowing down Fouad Deiri and <a href="/developers/deicorp">Deicorp</a>.

The Sydney developer, who will complete over 2,000 new apartments by the end of 2024, is adding a further 1,200 apartments to its ever-growing pipeline.

They're preparing plans in <a href="/developments/five-dock-nsw-2046">Five Dock</a>&nbsp;where they've submitted the first stage of a State Significant Development with the NSW Government for six towers up to 30 levels, with 1,185 apartments, of which 15 per cent will be affordable. There will also be some apartments designed specifically for build to rent.

<img alt="Deicorp" data-entity-type="file" data-entity-uuid="3858784d-2a66-4696-b4ee-f1543d49a22d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-31%20at%207.12.31%E2%80%AFPM.png?VersionId=6sjxvLWZyzDwHVGrSBX1R5YajceydyU9" />

The apartments will sit above a six to eight-level podium that will comprise commercial and retail spaces, including a full-line supermarket and an indoor recreation facility.

A competitive design process has already been held for the project. It invited four architectural firms to prepare a mixed-use development proposal, which was considered by a Jury of five members who unanimously decided that the <a href="/architects/turner-studio">Turner</a> scheme had the best potential to achieve design excellence.

The masterplan also includes a basement parking with a tunnel connecting two parking lots beneath a proposed council road, and extensive public benefits, such as 2,290 sqm of public open space, new public roads, and pedestrian pathways.

<img alt="Deicorp" data-entity-type="file" data-entity-uuid="36ba4bb6-3883-4f94-8d5d-bac5c10f18e9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-31%20at%207.12.41%E2%80%AFPM.png?VersionId=xvqp7HYIS54RzMFqjLK5YVl.P9uJzkLO" />

The three-hectare site, incorporating 53-75 Queens Road and 129-153 Parramatta Road, a site which Deicorp picked up last year for a reported $260 million, is strategically located within 400 metres of regular bus services on Parramatta Road.

The site was part of the broader revitalisation of the Parramatta Road Corridor as outlined in the NSW Government's 2016 strategy which&nbsp;aims to enhance the 20-kilometre corridor with better amenities, improved transport, walkable neighbourhoods, and diverse housing options.

The development is part of a larger master plan by the City of Canada Bay Council, which envisions 2,500 homes by 2050.&nbsp;

<img alt="Deicorp five dock site" data-entity-type="file" data-entity-uuid="02a619eb-26fd-40f7-916f-fb4ad636f448" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Deicorp%20site.png?VersionId=ehFaVpOrZAAligMs3yNWIJ2j7omicpcH" />

The Five Dock project, dubbed <a href="/new-apartments/kings-bay-village-53-75-queens-road-five-dock">Kings Bay Village</a>, is also in proximity to the planned Burwood North and Five Dock metro stations, aligning with the Minns government's support for development near new transport hubs.

Deicorp's active role in addressing Sydney's housing challenges is underscored by its recent acquisitions and large-scale projects. It currently has&nbsp;4,400 new apartments currently under construction across 11 projects in Greater Sydney.

Its most recent development application came in Zetland where the vertically integrated builder developer is <a href="/news/nsw/first-look-exclusive-deicorp-submit-plans-for-joynton-square-mixed-use-zetland-precinct">planning nine new buildings</a> that will form a new precinct they're calling Joynton Square.

Deicorp's active role in addressing Sydney's housing challenges is underscored by its recent acquisitions and large-scale projects. It currently has 4,400 new apartments currently under construction across 11 projects in Greater Sydney.

Deicorp lodge State Significant Development application for 1,200 apartments in Five Dock

Housing affordability is always the hottest topic of conversation in the Sydney real estate market.

Recent research highlights the increasing difficulty for first home buyers to enter the Sydney property market, with projections indicating that housing will remain unaffordable until at least the 2030s.&nbsp;

The study by Dr Mustapha Bangura from the University of Technology Sydney (UTS) and UNSW Sydney Professor Chyi Lin Lee found that neither median part-time nor full-time incomes are sufficient to purchase property anywhere in Greater Sydney without additional financial support.

Developer <a href="/developers/australia-ymci-pty-ltd">Australia YMCI</a>&nbsp;(AYMCI) is offering affordable apartments, under the threshold for full stamp duty concessions, at its Sydney Olympic Park development, <a href="/buildings/ruby-apartments-lidcombe-1-kingfisher-street-lidcombe">Ruby Apartments</a>.

[smartcode_project:default project_id=143641 project_image_fid=274364]

A handful of the final apartments left in the completed development are under $800,000, which means first home buyers pay no stamp duty through the NSW Government First Home Buyers Assistance Scheme.

“We are committed to providing affordable apartments and projects designed to integrate convenience and luxury, offering residents unparalleled access to transportation options and community amenities,” said Australia YMCI Director Jason Tan.

"We understand the challenges many first-home buyers face in today’s market. Our goal is to provide affordable and quality housing options that do not compromise on luxury or convenience."

&nbsp;

The two-bedroom apartments under $800,000 each have two bathrooms, one an ensuite with a deep bath tub, an integrated study nook that can comfortably fit a sofa bed, and a parking space.

[smartcode_project:default project_id=143641 project_image_fid=283189]

Located near Accor Stadium and Qudos Bank Arena, Ruby Apartments also benefit from proximity to a vibrant hospitality strip and future developments around Olympic Station, which is set for a $585 million investment.

Read more:&nbsp;<a href="/news/nsw/new-nsw-gov-stimulus-draws-buyers-to-sapphire-apartments-in-sydney-olympic-park">New NSW Gov stimulus draws buyers to Sapphire Apartments in Sydney Olympic Park</a>

Sydney Olympic Park features numerous parks and green spaces, creating a diverse and expansive environment for recreation and leisure. Notable parks within the area include Bicentennial Park, Blaxland Riverside Park, Wentworth Common, and the Badu Mangroves.

[smartcode_project:default project_id=143641 project_image_fid=289363]

The broader Sydney Olympic Park area contains various smaller parks, wetlands, and conservation zones, all contributing to its rich biodiversity and outdoor activities.

The future is also bright for Sydney Olympic Park. The NSW Government has put together a 2030 Master Plan that will revitalize the area with a&nbsp;new town centre, educational facilities, shopping precinct, new homes, more jobs, increased open space, increased community facilities and facilitation of a new Metro station.

There are also plans being drawn up for Master Plan 2050, given the population of Sydney Olympic Park is expected to jump from 3,700 to nearly 30,000.

[smartcode_project_cta:default project_id=143641]

$0 stamp duty incentive drawing first home buyers to Ruby Apartments in Sydney Olympic Park

New apartment owners are increasingly seeking developments that connect to nature due to a growing awareness of the benefits of green living.

As urbanization accelerates, the need for natural spaces within residential areas becomes more pronounced.

Proximity to nature is known to enhance well-being by reducing stress, improving mental health, and fostering physical activity. Natural elements in residential developments, such as parks, green roofs, and landscaped gardens, create a serene environment that contrasts sharply with the often hectic pace of city life.

Part of the trend toward nature in new apartment developments is a rising desire for&nbsp;sustainable living, driven by environmental concerns. Developments that integrate nature often employ eco-friendly practices, such as energy-efficient designs and sustainable materials, appealing to environmentally conscious buyers. These spaces not only offer a healthier lifestyle but also contribute to lower carbon footprints.

Natural surroundings can also enhance the aesthetic appeal and overall value of a property. Buyers are increasingly looking for homes that provide a harmonious balance between modern conveniences and natural beauty, reflecting a broader shift towards lifestyles that prioritize well-being and environmental stewardship. This trend underscores a collective recognition of the importance of integrating nature into everyday living spaces.

In a city where land is at a premium, it's difficult for developers in Sydney to put together a large enough development site to incorporate a significant amount of nature.

We've wrapped up the most nature-fuelled new apartment developments on the market in Sydney right now.

<h2>Project: The Newlands, St Leonards</h2>

<h3>Location: 21-41 Canberra Avenue, St Leonards NSW 2065</h3>

<h3>Developer: Top Spring Australia</h3>

Following its initial launch to the market in late 2022, Sydney developer <a href="/developers/top-spring-australia">Top Spring Australia</a>'s parkside masterplan,&nbsp;<a href="/new-apartments/the-newlands-st-leonards-21-41-canberra-avenue-st-leonards">The Newlands</a>, has been one of the most sought-after developments in the St Leonards South precinct.

Designed by <a href="/architects/bates-smart">Bates Smart</a> and landscaped by <a href="/landscape-architect/arcadia-landscape-architecture">Arcadia Landscape Architecture</a>, The Newlands emphasises a pedestrian-oriented precinct with a focus on the natural landscape of Newlands Park.

[smartcode_project:default project_id=24509 project_image_fid=257584]

Quietly set off Canberra Avenue, just minutes from the <a href="/developments/st-leonards-nsw-2065">St Leonards</a> activity centre and the train station but with the peace and privacy that living opposite a park brings.

“The Newlands is a breath of fresh air for purchasers looking for lower density, leafy spaces, and a more suburban neighbourhood," Colliers Project Director, Daniel McMahon, said.

[smartcode_project:default project_id=24509 project_image_fid=234815]

The Newlands will be home to 319 apartments across five low and mid-rise buildings. 90 per cent of apartments and terrace homes at The Newlands will have green landscape views and some offer absolute park frontage to the soon-to-be expanded Newlands Park, and all the buildings are connected by a 5,700 sqm communal green spine with boardwalks.

[smartcode_project:default project_id=24509 project_image_fid=263845]

Bordered by parkland on three sides, the community provides unrivalled resident facilities including rooftop dining and entertaining spaces, pool, gym, communal electric vehicles and e-bikes for hire, refrigerated parcel lockers for grocery deliveries, and a digital concierge to connect services such as cleaners, personal trainers, and dog walkers.

The Newlands is under construction with 4.5-star iCIRT-rated builder <a href="/builders/dasco-australia">DASCO</a>, and the first stage is due for completion in late 2025.

<h2>Project: The Orchards | Veue Parkside</h2>

<h3>Location: 15-19 Spurway Drive, Norwest NSW 2153</h3>

<h3>Developer: Sekisui House Australia</h3>

<a href="/developers/sekisui-house-australia">Sekisui House</a> Australia has committed to nature in its $1 billion Norwest masterplan, The Orchards.

Veue, stage four of the $1 billion masterplanned community, comprises 583 apartments, nearly half of the total apartments that will make up the 8.1-hectare The Orchards.

[smartcode_project:default project_id=145924 project_image_fid=287363]

Sekisui's most recent stage, <a href="/new-apartments/the-orchards-veue-parkside-norwest-15-19-spurway-drive-norwest-nsw-2153">Veue Parkside</a>, is the most nature-focussed release to date.

Designed by <a href="/architects/crone-architects">Crone Architects</a>, every element of the parkside homes - from the architectural vision to the selection of material - has been carefully curated to reflect and celebrate the ever-changing beauty of nature.

[smartcode_project:default project_id=145924 project_image_fid=287380]

<a href="/developers/sekisui-house-australia">Sekisui House Australia</a>&nbsp;sales manager David Lee says Veue Parkside’s direct connection to nature via a vertical green building spine supported by splendid northerly views overlooking&nbsp;<a href="/developments/castle-hill-nsw-2154">Castle Hill</a>&nbsp;Country Club and panoramic aspects across to the Blue Mountains from the west will capture the interest of perceptive buyers.

On its launch, <a href="/news/nsw/sekisui-house-australia-secure-over-85-million-in-apartment-sales-at-veue-parkside-the-orchards-community-in-norwest">over half of the apartments</a> in Veue Parkside sold.&nbsp;Over 60 per cent of sales were secured by&nbsp;Hills Shire residents and the remainder from across Sydney including Vaucluse, Bondi Junction and Maroubra

<h2>Project: Willoughby Grounds</h2>

<h3>Location: 5 Walter Street, Willoughby NSW 2068</h3>

<h3>Developer: First Quadrant Properties</h3>

<a href="/new-apartments/willoughby-grounds-5-walter-street-willoughby">Willoughby Grounds</a> puts you in the heart of everything great about the warm, green suburb of <a href="/developments/willoughby-nsw-2068">Willoughby</a>.

The development sits in one of the most beautiful pockets of Sydney – a diverse natural landscape of native bushland, the Lane Cove River and the Middle Harbour estuary.

[smartcode_project:default project_id=135512 project_image_fid=251210]

“Willoughby Grounds is really the best of both worlds – it’s that feeling of being part of a secluded, tucked-away private sanctuary with easy access to the wider amenities of Sydney," Adam Reeves of <a href="/developers/first-quadrant-properties">First Quadrant Properties</a> said.

There will be around 160 apartments spread across the five buildings in Willoughby Grounds, with around 30 to 35 units in each building.

[smartcode_project:default project_id=135512 project_image_fid=251214]

The design brief was to allow the multi-layered architecture and flourishing natural landscape to work in unison to create a sense of serenity and connection to the place.

The communal rooftop, overlooking district views, also reflects its rich natural surroundings, with a garden featuring sculpted stone furniture and blooming plants in large planters.

[smartcode_project:default project_id=135512 project_image_fid=251221]

First Quadrant has the iCIRT-rated builder DASCO currently constructing the project. The first apartments will be ready later this year, and the rest by mid-2025.&nbsp;

In a city where land is at a premium, it's difficult for developers in Sydney to put together a large enough development site to incorporate a significant amount of nature

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