Homecorp has secured approval for a $360 million apartment development at Budds Beach, paving the way for one of the Gold Coast's most amenity-rich residential projects to launch later this year.

Gold Coast City Council has approved Lýon Residences, a 32-level tower that will deliver 178 two and three-bedroom apartments across a prominent corner site at 8-10 Acacia Avenue and 25-27 Oak Avenue.

The approval comes as developers continue to invest in premium lifestyle-driven apartment projects on the Gold Coast, where owner occupiers are increasingly prioritising amenity as much as apartment size and location.

<a href="https://www.apartments.com.au/new-apartments/l-on-residences-25-27-oak-avenue-surfers-paradise-qld-4217">Lýon Residences</a> has been designed around a resort-style wellness offering, headlined by a Moroccan-inspired spa precinct featuring treatment rooms, a Nordic sauna and steam room, hot and cold plunge pools, a soaking pool and a residents-only juice bar.

The rooftop will include a heated infinity pool and spa, residents' lounge with private kitchen and bar, gymnasium, yoga and Pilates studio, outdoor entertaining areas and barbecue facilities overlooking the Surfers Paradise skyline.

<img alt="Lyon" data-entity-type="file" data-entity-uuid="2d3e29af-8793-486e-a684-52cef862241f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-15%20at%204.32.26%E2%80%AFPM.png?VersionId=ayG2zpLf3SS6Zy8XmKDcQods4kVWb0gm" />

Homecorp Founder and CEO Ron Bakir said Budds Beach provided the ideal location for the company's latest luxury apartment project.

"Budds Beach represents one of the most unique and sought-after pockets of the Gold Coast, and Lýon Residences has been designed to reflect that sense of rarity and refinement," Bakir said.

The project arrives as wellness continues to become a defining feature of new residential developments both in Australia and internationally.

The latest Global Wellness Institute figures show wellness real estate remains the fastest-growing segment of the global wellness economy and is forecast to exceed $1.8 trillion by 2030. Australia continues to rank among the world's 15 largest wellness real estate markets, with developers increasingly integrating health, recreation and community facilities into apartment projects.

Queensland is also experiencing strong population growth, with the Gold Coast continuing to outperform many other Australian cities as demand for new housing remains elevated ahead of the 2032 Olympic and Paralympic Games.

Bakir said the project had been designed to respond to that shift in buyer expectations.

"Strong population growth and sustained demand across the Gold Coast continue to highlight the need for well-designed new housing supply. Lýon Residences responds directly to this demand while setting a new benchmark for residential living," he said.

Each apartment has been designed to maximise views across the coastline, the Nerang River and the Gold Coast hinterland.

Located just minutes from Surfers Paradise beach and the Broadwater, the development also offers easy access to the light rail network, Broadbeach and Burleigh Heads.

Early site works are underway, with construction expected to commence later this year.

Joel Robinson

Homecorp approved for Budds Beach apartment tower, Lýon Residences

New apartment developments with uninterrupted, north-facing views over Perth's Swan River are exceptionally rare.

Recognising just how limited those opportunities are, <a href="https://www.apartments.com.au/developers/edge-visionary-living">Edge Visionary Living</a>, one of Perth's most respected builder-developers, targeted <a href="https://www.apartments.com.au/developments/applecross-wa-6153">Applecross</a>, assembling an unrepeatable 6,342 sqm riverfront site on the corner of Moreau Mews and Canning Beach Road to create one of Perth's only new north-facing apartment developments directly overlooking the Swan River.

Today, <a href="https://www.apartments.com.au/buildings/riviere-residences-applecross-59-canning-beach-road-applecross-wa-6153">Rivière Residences</a> offers buyers a unique opportunity to choose between completed residences ready to move into now and off-the-plan homes in the final stage, Rivière West.

[smartcode_project:default project_id=28384 project_image_fid=3823]

Across the completed East and Central buildings, residents are already enjoying the development's luxury amenity, while two of the precinct's hospitality venues are now open.

The completed component of the development gives buyers the advantage of experiencing the finished product firsthand, including its uninterrupted river views, while still having the opportunity to secure a residence in the final stage.

"People are wowed by the view and the quality of the apartments,"&nbsp;Edge Visionary Living Sales Executive, Holly McSweeney, says.

"They're looking for the convenience of lock-and-leave living, but they're not looking to downsize on quality."

[smartcode_project:default project_id=28384 project_image_fid=3826]

The rarity of the development hasn't been lost on prospective buyers, McSweeney says.

For McSweeney, it all comes back to a location that is becoming increasingly difficult to replicate.

"Location, location, location," she says. "We are nestled right on the front of the Swan River. You can never get built out, so wherever you are in Rivière Residences, you've got views of the river forever."

The unique waterfront position has resonated particularly strongly with local downsizers. McSweeney says many buyers are long-time Applecross residents looking to transition from large family homes into a luxury apartment without sacrificing space, quality or the lifestyle they've enjoyed for decades.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/N_FowNW0wu8?si=vb25XFq1wZ-iufAW" title="YouTube video player" width="560"></iframe>

A major focus for Edge in recent years has been resident amenity. Across its apartment portfolio, from beachfront developments in Scarborough to luxury towers in South Perth, the developer has increasingly invested in the spaces beyond the apartment itself.

The strategy has largely been shaped by downsizer demand. Many buyers are moving from large family homes with swimming pools and established gardens. While they're looking to leave the maintenance behind, they don't want to compromise on lifestyle.

At Rivière, <a href="https://www.apartments.com.au/architects/hillam-architects">Hillam Architects</a> designed the resident facilities as an extension of each apartment. A 25-metre heated swimming pool takes advantage of the north-facing river outlook, complemented by a large gym, sauna and steam rooms, private dining spaces, residents' lounges, a cinema, games room, and dedicated wine and whisky rooms.

[smartcode_project:default project_id=28384 project_image_fid=372542]

The waterfront location has also proved to be a major drawcard. Residents are within walking distance of the Raffles Hotel, South of Perth Yacht Club, the Heathcote Cultural Precinct and the cafés, restaurants and boutiques along Ardross Street.

Beyond the location and amenity, McSweeney says many buyers take confidence from Edge's fully integrated development model.

Having delivered apartments across Perth for decades, Edge now designs, develops and constructs its projects in-house, giving the company greater control over quality, delivery and the finished product.

"What I love is when people walk through their apartment for the first time and say, 'This is better than what we imagined,'" McSweeney says. "We hear that all the time."

Completed apartments in the East and Central buildings are now available to inspect by appointment, while Rivière West, the final stage of the precinct, is expected to be completed in the first quarter of 2027.

[smartcode_project_cta:default project_id=28384]

North-facing Swan River views drive demand at Rivière Residences in Applecross

Nearly 60 per cent of apartments at McNab Group's $220 million The Tannery development in Brisbane's West End have sold ahead of the project's public launch, including a suburb-record $2.57 million sale for a two-bedroom apartment.

The early sales campaign has secured buyers for 50 of the project's 87 apartments, highlighting continued demand for larger owner-occupier apartments that combine generous floorplans with premium lifestyle amenities in one of Brisbane's most tightly held inner-city suburbs.

[smartcode_project:default project_id=143337 project_image_fid=374768]

McNab Group Executive Chairman Michael McNab said selling more than half the project before launch reflected changing buyer expectations.

"Selling more than half the project before public sales open tells us buyers are actively seeking apartments that offer something genuinely different," McNab said.

"Today's buyers are looking beyond four walls. They want homes that genuinely enhance the way they live, with spaces that support health, connection and everyday wellbeing."

[smartcode_project:default project_id=143337 project_image_fid=374767]

A key point of difference for the project is the adaptive reuse of the heritage-listed Dixon's Tannery building, which will become The Retreat, a residents-only wellness precinct rather than being redeveloped into additional apartments.

The Retreat will feature a sauna and steam room, hot and cold plunge pools, a commercial-grade gym, Pilates studio, cinema, library, co-working spaces and private dining room. Rooftop amenities will include a swimming pool, landscaped gardens, outdoor entertaining areas and dog-friendly spaces.

[smartcode_project:default project_id=143337 project_image_fid=374760]

Designed by Cottee Parker Architects with interiors by Tom Mark Henry and landscape architecture by Aspect Studios, The Tannery comprises 87 two, three and four-bedroom apartments across 11 levels overlooking the Brisbane River.

Cottee Parker principal Dee Passenger said preserving the original tannery building had been central to the project's design.

"The easy option would have been to maximise the site's development potential with additional apartments. Instead, McNab has chosen to preserve the original tannery as a shared wellness retreat, ensuring this important piece of Brisbane's history remains at the heart of the community."

Passenger said sustainability also played a key role in the design, with materials from the original industrial site salvaged and repurposed throughout the development.

[smartcode_project:default project_id=143337 project_image_fid=374761]

Motiv CEO Carly Cottam said buyers had responded strongly to the combination of larger apartments, wellness facilities and the West End lifestyle.

"We are seeing more buyers looking for homes in the sky that provide the space and functionality of a traditional home, while benefiting from the convenience and lifestyle that apartment living brings," Cottam said.

She said purchasers included both owner occupiers and investors, with demand coming from local buyers as well as interstate purchasers.

Coinciding with the public launch, McNab also announced a partnership with Queensland Ballet, whose neighbouring Thomas Dixon Centre shares historical ties with the original Dixon family.

Located on a 4,465 sqm site at 439 Montague Road, The Tannery overlooks the Brisbane River and is around 10 minutes from the CBD.

Construction is underway, with completion expected in the second half of 2027.

[smartcode_project_cta:default project_id=143337]

More than half of residences sold before public sales as McNab announces significant partnership with Queensland Ballet

McNab's The Tannery nears 60 per cent sold before public release, sets two-bedroom West End record

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.

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

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>
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Ellen Walker

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

Sekisui House&nbsp;Australia has submitted a development application for the construction of three multi-storey apartment towers in Melrose Park.

The $450 million project outlines the construction of a 21 and 24-level, plus a central seven-level tower above a podium level at 82-84 Wharf Road.&nbsp;

The buildings will be home to a total of 468 apartments and will include three basement levels providing 584 car parking spaces.

The current proposal is for the sixth stage of the broader <a href="/new-townhouses/melrose-park-nsw-2114">Melrose Park</a> master plan, which aims to deliver 6000 homes upon completion. Group GSA says the block for the new building, referred to in the planning documentation as Lot A,&nbsp;interfaces with previously approved residential flat buildings which buffer the site from Victoria Road, along the northern edge.

"As approved outside of the current DCP and masterplan, these built, or under-construction forms, present our site with a varied interface of 7-11 storeys in building heights and the street wall condition, and will be inconsistent with the DCP controls that influence our site," Group GSA noted.

"As a result, the proposed massing for Lot A seeks to address both conditions and to provide an appropriate contextual response.

<img alt="MElrose Park" data-entity-type="file" data-entity-uuid="82807457-145a-4164-b9ce-3a4df5cae738" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-06-11%20at%201.55.36%20pm.png?VersionId=7s1uZtt...xrAFtzA4P7l3RToi7TPlnd" />

This application follows another submitted by <a href="/developers/sekisui-house-australia">Sekisui</a>&nbsp;earlier this year for stage five which proposed 368 apartments, also designed by <a href="/architects/group-gsa">Group GSA</a>.&nbsp;

Planning for Melrose Park’s redevelopment began in 2016, with the area rezoned in 2022 following the council’s endorsement of the <a href="/new-townhouses/parramatta-nsw">Parramatta</a> Employment Lands Strategy.&nbsp;

The precinct is undergoing a transition from industrial to mixed-use development, including high-density residential, open space, retail/commercial uses, and a new school.

The extensive Melrose Park master plan has attracted attention from various developers, including <a href="/developers/deicorp">Deicorp</a>, highlighting its growing appeal and connectivity after the approval of Parramatta Light Rail Stage 2.

The light rail will provide a direct public transport link between Melrose Park, <a href="/new-townhouses/wentworth-point-nsw-2127">Wentworth Point</a>, Sydney Olympic Park, and Parramatta CBD.

"Melrose Park provides for a peaceful and family-friendly atmosphere, making it a sought-after place to live that attracts a mix of families, professionals, and retirees who appreciate its safe and serene environment," Group GSA added.

The extensive Melrose Park master plan has attracted attention from various developers, including Deicorp, highlighting its growing appeal and connectivity after the approval of Parramatta Light Rail Stage 2

Sekisui file sixth stage of Melrose Park masterplan

Kassis Homes has reached a significant milestone in the development of its Grand Reve apartment project in Castle Hill.

They've officially topped out the two-tower, 185-apartment development, planting an olive tree on the roof and a barbeque lunch for the site team, consultants, the project marketing team at&nbsp;<a href="/project-marketer/mcgrath-projects">McGrath Projects</a>, and special guest Councilor Mark Hodges.

Construction by iCIRT-rated builder <a href="/builders/dasco-australia">Dasco</a> continues steadily to ready and deliver the apartments on track for a late 2024 move-in.

Service installations began in January 2024 and are around halfway completed.&nbsp;Interior fittings and fixtures commenced in February, with material procurement now reaching up to level seven.

[smartcode_project:default project_id=94147 project_image_fid=197727]

Grand Reve is the debut apartment development by&nbsp;<a href="/developers/kassis-homes">Kassis Homes</a>, a long-time luxury home builder in the area.

The project offers 37 different floor plans, ranging from studios to three-bedroom units and townhouse-style dwellings.&nbsp;

Grand Reve also emphasises outdoor space, with 2,300 square meters dedicated to landscaped communal gardens.

[smartcode_project:default project_id=94147 project_image_fid=203072]

The project has garnered attention from various buyer demographics, including downsizers, first-home buyers, upsizers, and investors.

The development's popularity is attributed to the growing interest in <a href="/developments/castle-hill-nsw-2154">Castle Hill</a>, driven by the new North West Metro and Hills Showground Precinct redevelopment.

<a href="/buildings/grand-reve-castle-hill-8-18-garthowen-crescent-castle-hill">Grand Reve</a> provides prospective buyers with the option to secure an apartment with a $10,000 deposit in partnership with Coposit and includes 10-year structural defect insurance.&nbsp;

Prices start at $570,000 for studios, making it an attractive option in the in-demand Hills District housing market.

[smartcode_project_cta:default project_id=94147]

The project has garnered attention from various buyer demographics, including downsizers, first-home buyers, upsizers, and investors

mikah.m@urban.com.au

Dasco tops out Kassis Homes' Grand Reve, Castle Hill apartment development

Lower North Shore developer WINIM has been one of the most active in taking up the new 10-year Latent Defects Insurance offered to developers by Resilience Insurance.

<a href="/news/what-is-latent-defects-insurance-and-is-it-bringing-confidence-to-the-off-the-plan-apartment-market">Latent Defects Insurance</a>, or LDI, the new game-changing policy that has just made it to Australia, covers an off the plan property buyer for 10 years post-completion for any costs associated with structural defects in their new apartment and the building as a whole.

Read more:&nbsp;<a href="/news/what-is-latent-defects-insurance-and-is-it-bringing-confidence-to-the-off-the-plan-apartment-market">What is Latent Defects Insurance and is it bringing confidence to the off the plan apartment market?</a>

In a short space of time, WINIM has taken the policy out on two of its latest residential developments, and it now forms a strong part of its business model,&nbsp;WINIM's Senior Development Manager Peitra Creak says.

Creak says the team were completely sold on the insurance once they understood the intricacies of the policy and how it works for both the purchaser and the developer.

Creak underscores its value as having a "dual benefit," for both developer and purchaser.

"First and foremost, Resilience LDI is a purchaser-led policy that protects off the plan property buyers and will drive confidence in our industry," Creak says, adding that there are significant benefits to the developer that make it even more attractive.

[smartcode_project:default project_id=143528 project_image_fid=253689]

"The last few years have been such a wild ride and we can't have predicted what has happened in terms of builder insolvencies, but we can learn lessons from it. We believe having Resilience LDI, as well as partnering with an iCIRT-rated builder, we're pre-empting and avoiding future issues in the built environment."

Creak says one of the biggest bonuses of Resilience LDI is that they get another set of eyes during the build process, something that can prove invaluable during the construction phase.

"The insurer is there to de-risk the project, and they do so by partnering with developers with a track record, strong finances, and consistently being a part of the build process. They have their teams on site before a shovel has been put in the ground, undertaking technical inspection services at frequent intervals."

[smartcode_project:default project_id=142292 project_image_fid=228505]

The fact Resilience LDI is a first right insurance was also another value add.

"With it being a first right insurance, we can factor it into our feasibility well before we start building the project. It also means that action is taken as soon as an issue occurs during the build, rather than at the end of construction.&nbsp; That means for buyers they don't have to pay a penny if there's any sort of rectification order, and, if it ever came to it, they would have accommodation paid for if they couldn't occupy the building."

Creak says they think developers could fall behind if they don't have Resilience LDI.

"If there are two similar, competing projects in the same area, then the buyer is definitely going to opt for the one with LDI over the one that doesn't have the policy."

WINIM has several new developments on the way, in Lane Cove and Neutral Bay, that they intend on taking out the Resilience Latent Defect Insurance policy on.

<h2>What is Resilience LDI?</h2>

Resilience LDI is the first Latent Defects Insurance policy in Australia. The insurance provides off the plan apartment buyers with a 10-year warranty on their new apartment and the building it's situated in.

The cover is purchased by the property developer/builder (pre-construction) and is designed to protect owners against any immediate or future problems with the structural components of their new property, from leaks to cracks and everything in between.

For more information about Resilience LDI,&nbsp;<a href="/news/what-is-latent-defects-insurance-and-is-it-bringing-confidence-to-the-off-the-plan-apartment-market">click here</a>.

Why WINIM has embraced Resilience LDI

The Sydney suburb Eastlakes, a gateway to Australia’s most sought-after region for real estate, often gets overlooked by some of its more well-known Eastern Suburbs and inner-east neighbours.&nbsp;

In recent years however, the suburb has undergone a huge transformation, led by Crown Group who identified Eastlakes as the perfect place to develop a $1 billion mixed-use precinct.

They completed the first stage of the precinct at the start of 2022, winning the <a href="/news/urban-taskforce-australia-says-ia-report-reinforces-the-need-for-urban-densities">Urban Taskforce Australia</a> Development Excellence Awards in the Mixed-Use Development category the same year, one of the most prestigious awards a development can get in Australia.

Now, following the provisional liquidation of <a href="/developers/crown-group">Crown Group</a> late last year, the final apartments remaining in the first stage, known as <a href="/buildings/the-grand-residences-eastlakes-16-evans-avenue-eastlakes">The Grand Residences</a> Eastlakes, have been released to the market, at a price point unheard of in the Eastern Suburbs. Furthermore, every apartment at The Grand Residences has at least one parking space.

[smartcode_project:default project_id=7652 project_image_fid=262590]

Both the price point and the position of The Grand Residences Eastlakes will be difficult to replicate given the soaring costs of building since the pandemic, as well as the boom in real estate values in Sydney’s East.&nbsp;

Residents of The Grand Residences Eastlakes will find themselves in the heart of the suburb, providing easy access to a wide range of amenities to suit all lifestyles. It’s surrounded by parks, golf courses, beaches, sports facilities, top schools and universities, and is a short commute to the Sydney CBD. Eastlakes' connectivity is enhanced by easy access to major roadways like the Eastern Distributor Motorway and the Sydney Bus Network, which connects to extensive light rail, train, and metro services.

The Grand Residences Eastlakes is surrounded by four premier golf courses and multiple community parklands. To the north across Gardeners Road is The Australian Golf Club, while to the east across Southern Cross Drive are Eastlakes Golf Club, The Lakes Golf Club, and Bonnie Doon Golf Club.

Reserves like Bridget Tight and Jack Mundey Reserve are just a short three-minute walk away, with larger parks like Astrolabe Park accessible within a three-minute drive.

[smartcode_project:default project_id=7652 project_image_fid=262592]

Large stretches of parkland, golf courses and green spaces surrounding The Grand Residences Eastlakes are complemented with a short trip to world-renowned beaches like Coogee, Bronte, and Bondi, as well as the City of Sydney’s new Gunyama Park Aquatic and Recreation Centre.

The Grand Residences Eastlakes also benefits from easy access to vibrant suburbs like Waterloo, Zetland, Surry Hills, and Alexandria, offering residents a variety of excellent retail, eateries, and cafes, including popular spots like Three Blue Ducks, Black Star Pastry, Gelato Messina, and Da Mario in Rosebery, all within a 10-minute drive.

There is also the highly-rated Common Cafe and Go Go Gozleme at The Eastlakes Shopping Centre just a stone’s throw from the apartments, while Westfield Eastgardens, home to Woolworths, Coles, Myer and Kmart among a further 200 other retailers and several more restaurants and cafes, is only a nine-minute drive from The Grand Residences.&nbsp;

[smartcode_project:default project_id=7652 project_image_fid=262602]

Families are also well catered for at The Grand Residences Eastlakes. From its privileged position, the development is only within a 10-minute drive to Eastlakes Public School, St Therese Catholic Primary School, JJ Cahill Memorial High School, and highly-ranked high schools like Sydney Girls High School and Sydney Boys High School.&nbsp;

Since the apartments have been released to market through McGrath Projects and Crown Property Agency, there has been a diverse range of buyers, from first home buyers to investors and upsizers.

[smartcode_project_cta:default project_id=7652]

Since the apartments have been released to market through McGrath Projects and Crown Property Agency, there has been a diverse range of buyers, from first home buyers to investors and upsizers

The prime Eastern Suburbs location of The Grand Residences, Eastlakes

ASX-listed developer Lendlease have some of Australia's most impressive projects under their banner.

Their focus is primarily on Australia's largest gateway cities of Sydney, Melbourne and Brisbane, creating landmark, precinct-style developments that change the skyline of each city.

They recently settled One Sydney Harbour, their luxury Barangaroo apartment tower that had prices range from $1,515,000 to $140 million, while in Melbourne they're continuing to progress with their multi-stage Collins Wharf development.

We recently caught up with Daniel Dugina, Lendlease Executive Director for Victoria, to chat about Lendlease and how they develop.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/4dZGiT6TXTY?si=cEXnRO7cfk-omo8S" title="YouTube video player" width="560"></iframe>

We recently caught up with Daniel Dugina, Lendlease Executive Director for Victoria, to chat about Lendlease and how they develop.

Michael Bird

Lendlease's focus on Australia's biggest precinct developments: Five minutes with Lendlease Executive Director Daniel Dugina

Coronation Property Group&nbsp;has announced an exciting new list of ‘Eat Street’ tenants at Mason &amp; Main, including the renowned inner-city ‘butcher-restaurant,’ Macelleria - providing a superior, new dining precinct for Sydney’s west.

Located in the revitalised Merrylands CBD, Mason &amp; Main features 434 Build-to-Rent (BTR) and 415 Build-to-Sell (BTS) apartments, in studio, one, two and three-bed configurations.

Designed by global architects <a href="/architects/woods-bagot">Woods Bagot</a>, the project offers premium resident amenities such as a resort-style swimming pool, rooftop gardens, a sauna, private dining rooms, cinema rooms and co-working spaces. &nbsp;

Eat Street is part of Mason &amp; Main’s 9,000 sqm dining and retail precinct, comprising more than 25 retail occupants including <a href="/news/nsw/one-playground-expands-into-coronations-mason-main-merrylands-masterplanned-precinct">the first One Playground gym to open in Western Sydney</a>, a childcare centre as well as beauty and health services.&nbsp;

[smartcode_project:default project_id=31751 project_image_fid=161005]

The new dining hub will see inner-city food favourites Macelleria, Peanut Butter Bar, Yuzu Dining, San Churro and Oakberry open their doors alongside a range of exciting new locally inspired eateries including Mase &amp; Co, Hayat Turkish, and Iftar Lebanese to deliver a true ‘destination dining’ experience.

Founder of Macelleria, Peter Zaidan said they have a strong Western Sydney customer base who regularly travels to our Newtown and Bondi stores.

"We’re thrilled to offer those regulars a local option that they can share with their family and friends,"&nbsp;Zaidan said.

“Not only is the location very central with plenty of parking options and close to public transport but we’re very excited about the opportunity to help put Merrylands on the food map."

Macelleria’s innovative restaurant will offer a large selection of high-grade meat cuts, signature sausages, skewers, and burgers. While poultry, seafood, vegetarian options, and freshly baked bread on the premises, round out the menu.

Featuring pedestrian-only laneways, 147 dedicated retail car spaces, EV charging stations and GoGet car share services - all just 350 metres from major public transport networks, the Mason &amp; Main dining and retail precinct will provide a lifestyle destination not yet seen in the area.

[smartcode_project:default project_id=31751 project_image_fid=161017]

Coronation’s Owner, Joe Nahas, said the team was delighted to welcome such a high calibre of retail tenants to <a href="/buildings/mason-main-merrylands-245-merrylands-road-merrylands-nsw-2160">Mason &amp; Main</a>.

“We see Eat Street as a significant opportunity to bring Mason &amp; Main residents, the local community, families and friends together in a shared experience that’s usually reserved for the inner city. Our vision is to introduce diverse dining options to <a href="/developments/merrylands-nsw-2160">Merrylands</a>, for everyone to enjoy."

Rosemary Georges and Maria Moussa, co-owners of local Mase Café on McFarlane Street, are opening a second site within Mason &amp; Main’s Eat Street. Already popular with locals, the new Mase &amp; Co restaurant will offer a modern style menu with a Mediterranean twist, including a fully functional bar.

“We are delighted to join Eat Street and expand on our existing café which has been successfully operating in Merrylands for the past five years - this is doing wonderful things for the local area, and we wanted to be a part of that,” Georges said.

<a href="/developers/coronation-property">Coronation</a>&nbsp;will open Eat Street in September this year.

[smartcode_project_cta:default project_id=31751]

The new dining hub will see inner-city food favourites Macelleria, Peanut Butter Bar, Yuzu Dining, San Churro and Oakberry open their doors alongside a range of exciting new locally inspired eateries including Mase & Co, Hayat Turkish, and Iftar Lebanese to deliver a true ‘destination dining’ experience

Coronation welcomes new Eat Street tenants to Mason & Main in Merrylands

Eastern Suburbs builder-developer, Stargate Property, has launched to market its under-construction luxury Rose Bay apartment development, Everose.

The project of 26 two and three-bedroom apartments at&nbsp;575 Old South Head Road, just north of the <a href="/new-apartments/rose-bay-nsw-2029">Rose Bay</a> Village, is slated for completion later this year.

Ray White Projects has a fully fitted display apartment to show prospective buyers through.

[smartcode_project:default project_id=113391 project_image_fid=277970]

DJRD Architects have designed Everose. Each apartment features an open plan kitchen, living and dining area that extends to&nbsp;to outdoor terraces or balconies.

The kitchens are designed for practicality and style and are equipped with premium V-Zug appliances.

Bathrooms are fitted with natural honed stone flooring and wall tiles, stone top vanities, and frameless glass shower screens. Some apartments also include a freestanding bathtub.

The development also includes provisions for electric car charging, reflecting a commitment to modern amenities and sustainability.

[smartcode_project:default project_id=113391 project_image_fid=277972]

<a href="/developers/stargate-property">Stargate</a>&nbsp;is currently developing Centennial Collection, the two-tower development on the fringe of Centennial Park and Bondi Junction, the latter being where Stargate predominantly have developed over the last two decades.

Centennial Collection has been designed by SJB on one of the most elevated sites in Bondi Junction. There are 73 apartments across the two buildings, as well as two swimming pools, one on the roof of one building and the other protected from the elements that can be used all year round. There's also a&nbsp;state-of-the-art fitness studio with cardio and personal training areas and a concierge in the architecturally pleasing lobby.

Ray White Projects has a fully fitted display apartment to show prospective buyers through


Stargate launch Rose Bay apartment development, Everose

<a href="/developers/deicorp">Deicorp</a> has released to market the fourth stage of its Hills Showground Village in <a href="/developments/castle-hill-nsw-2154">Castle Hill</a>.

Stage four introduces new one, two, and three-bedroom apartments ranging from $700,000 to $1.34 million, with many of the units including studies. All come with parking.

[smartcode_project:default project_id=133881 project_image_fid=209804]

Designed by <a href="/architects/turner-studio">Turner Studio</a>, the <a href="/new-apartments/hills-showground-village-castle-hill-2-mandala-parade-castle-hill">Hills Showground Village</a> aims to integrate with the existing suburban architecture of Castle Hill, known for its green leafy streets and brick buildings.&nbsp;

"We wanted to reimagine that suburban brick architecture within the project so that it has very much a sense of place and context," James McCarthy, Director of Turner Studio, explained.&nbsp;

[smartcode_project:default project_id=133881 project_image_fid=209812]

Nick Turner, Principal Architect of Turner Studio, also emphasised the importance of apartment design in the project.&nbsp;

"We want to optimise apartment plans, we want clarity in those apartment plans. Spaces are clear, clean, well proportioned, really functional and then respond to each of the aspects with which they look to," Turner said.&nbsp;

The apartments feature floor-to-ceiling glass walls to maximise natural light in the apartments.

[smartcode_project:default project_id=133881 project_image_fid=209807]

The kitchens are equipped with SMEG appliances, including an oven, gas cooktop, and microwave.&nbsp;They also feature an integrated pull-out pantry and a study area with shelving.

Internal spaces extend to outdoor entertaining areas with views of the new Showground precinct.

[smartcode_project:default project_id=133881 project_image_fid=209808]

"A lot of the apartments are either north-facing or corner apartments that create a unique offering,"&nbsp;McCarthy added.

"There's a real strength in the visual connection into the showgrounds, parklands, with views from the apartment side into the tree canopy directly opposite."

[smartcode_project:default project_id=133881 project_image_fid=209813]

Situated opposite the Showground Metro Station, the precinct includes a full-line supermarket and over 30 specialty retail outlets, cafés, and restaurants.&nbsp;

The development also offers a range of communal facilities including barbecue areas, dining options, entertainment facilities, and a playground, all set amidst landscaped native gardens and green spaces.

[smartcode_project_cta:default project_id=133881]

Situated opposite the Showground Metro Station, Hills Showground Village includes a full-line supermarket and over 30 specialty retail outlets, cafés, and restaurants. 

Deicorp release fourth stage of Castle Hill masterplan, Hills Showground Village

The fringe of Double Bay is set for a striking new apartment development.

Architecture firm&nbsp;<a href="/architects/antoniades-architects">Antoniades Architects</a>&nbsp;has worked with a private developer on the eight-level development at 252-254 New South Head Road, on the border of <a href="/developments/double-bay-nsw-2028">Double Bay</a> and Edgecliff, where they're proposing to demolish a deteriorating apartment building.

There will be 24 studio, one, two and three-bedroom apartments across the $22 million development that has been designed to optimise the site’s northern orientation for both solar benefits and views of the Sydney Harbour.

<img alt="Antoniades Architects design Double Bay development application" data-entity-type="file" data-entity-uuid="b0a9aa4a-aab2-4903-82d0-61b869689297" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/252-254%20NEW%20SOUTH%20HEAD%20ROAD.png?VersionId=3JLyYAwuGBUiqMDFw8La_Fr1sLCPS.Mo" />

The apartment layouts are designed to provide larger living spaces with various room sizes to accommodate different uses. Each apartment will have private open balconies.

A communal room on level one will adjoin an outdoor and undercover area equipped with seating and BBQ facilities, intended for social interaction. This space will connect to common gardens, featuring a pathway to a northern setback area designed for active and passive recreation.

Level eight will feature another communal open space with seating, shaded planting areas, and views of Sydney Harbour.

For residents' convenience, appropriate bicycle parking will be provided along with charging stations for electric vehicles.&nbsp;Other sustainable design features include the use of low-maintenance plant species and on-site water-saving measures such as rainwater storage and reuse for landscaping.

First Look: Antoniades Architects design new Double Bay apartment development

Urban Property Group&nbsp;has picked&nbsp;Central Coast Quarter, the mixed-use development in Gosford, from collapsed developer St Hilliers Group.

The development comprises 334 apartments, 2,800 sqm of retail space, and a public domain, including a food and beverage precinct.

The <a href="/new-apartments/central-coast-quarter-32-mann-street-gosford">Central Coast Quarter</a> project transition to <a href="/developers/urban-property-group">Urban Property Group</a> reflects the NSW Industry reforms of the past five years, aimed at fostering trust and quality in the building sector.

David Chandler OAM, NSW Building Commissioner, highlighted this, stating, “Trustworthy players delivering trustworthy buildings – which we backed by the assurance of iCIRT ratings and LDI – 10-year warranty insurance.”

Urban Property Group views this acquisition as a strategic investment in the Central Coast. The company is committed to resuming construction immediately, starting with stage one, dubbed The Waterfront.&nbsp;

This phase will involve the development of a 25-storey mixed-use building. Sales for the project will recommence this month, and existing sales agreements will be honoured.

To protect buyers, Urban Property Group will implement 10-year Latent Defects Insurance, offering protection against unforeseen construction defects for a decade from the purchase date.&nbsp;

Read more:&nbsp;<a href="/news/what-is-latent-defects-insurance-and-is-it-bringing-confidence-to-the-off-the-plan-apartment-market">What is Latent Defects Insurance and is it bringing confidence to the off the plan apartment market?</a>

The move aims to provide additional security and confidence to buyers, who have already been given the option to rescind their contracts if desired.

Patrick Elias, CEO of Urban Property Group, highlighted the crucial role of well-capitalised and well-managed property groups in maintaining stability and revitalising projects during uncertain times to ensure continuity for buyers, the construction industry, and communities.

Urban Property Group, a family business with over three decades of experience, plans to leverage its comprehensive capabilities in funding, designing, developing, and building to ensure the successful completion of the Central Coast Quarter project.

To protect buyers, Urban Property Group will implement 10-year Latent Defects Insurance, offering protection against unforeseen construction defects for a decade from the purchase date

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