Melbourne developer Spacious Group has completed Voyage Altona, one of the closest new apartment developments to Altona Beach.

Off the plan purchasers have started moving into the 49-apartment project on Pier Street, with the remaining move-in-ready one-, two- and three-bedroom apartments starting from just over $500,000.

Display apartments have now been fitted out, allowing prospective buyers to inspect the completed residences by appointment.

[smartcode_project:default project_id=112195 project_image_fid=372638]

The completed apartments feature open-plan living and dining areas which extend onto private balconies and terraces, while full-height glazing maximises natural light throughout the interiors.&nbsp;

Hybrid timber-look flooring, stone benchtops, Miele appliances, porcelain-tiled bathrooms and generous storage feature throughout the building which also features landscaped communal areas, expansive shared terraces, lift access and secure on-grade parking.

Drawing inspiration from its bayside setting, Voyage adopts a restrained palette of warm neutral tones and textured finishes. Many of the apartments take advantage of views across Port Phillip Bay, while the indoor-outdoor living spaces have been designed to make the most of the coastal outlook.

[smartcode_project:default project_id=112195 project_image_fid=3286]

Voyage was developed to address what Spacious Group identified as an undersupply of higher-quality apartment product in Altona, with a focus on owner-occupiers looking to remain within the bayside community.

"Voyage responds to very strong local buyer demand for quality, owner-occupier-focused product," says Barry Plant Projects Director Jarrod Farey, who has handled sales since the project's launch.

"The project delivers an elevated lifestyle proposition, with its design and quality of finish far exceeding anything previously produced in the area, as well as its proximity to Pier Street Village and the beach."

The majority of purchasers have been local downsizers and owner-occupiers looking to stay within the Altona community but who previously had limited opportunities to buy a brand-new apartment.

[smartcode_project_cta:default project_id=112195]

Joel Robinson

Spacious Group completes Voyage Altona in Altona's beachside precinct

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.

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

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

&nbsp;

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Staff Writer

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

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Ellen Walker

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

One Darling Point, the much talked about project on the corner of New South Head Road and Darling Point Road, is set for a new owner.

International development company Anka Property, directed by Andrew and Vera Boyarsky, have long been in discussion with the Woollahra Council for the 1,748 sqm site at 136-148 New South Head Road, opposite the Edgecliff Centre and Edgecliff Station.

Despite initially being refused by the council back in 2021, they backflipped on the design earlier this year, paving the way for the tower which is nearly four times the area height limited.

<img alt="NSW" data-entity-type="file" data-entity-uuid="9b5105e3-6b5c-4403-9e59-1660542fc593" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-25%20at%201.45.39%20pm.png?VersionId=aZErgrJecn5kZrMVudRd14xCggm2yH2h" />

The 12-level building is expected to home around 40 apartments, the majority two and three-beds.

Group CSA said in the initial Urban Design Report that the&nbsp;site’s access to the Edgecliff public transport interchange and proximity to the Sydney CBD makes it a good location for promoting transit-oriented development (TOD), supported by well-designed public spaces and a vibrant local economy.

"The site location responds to 30-minute city established by the Greater Sydney Commission and can leverage nearby natural environments and proximity to infrastructure as potential opportunities in the design response," the report read.

"The vision of the metropolis of three cities seeks to further increase Edgecliff’s role as a key transport interchange. This direction is therefore likely to impact on Edgecliff’s strategic position in the future."<img alt="One Darling Point For Sale - Views" data-entity-type="file" data-entity-uuid="65ce4b4c-9a2c-4661-93fc-ce3fc3b94522" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/One%20Darling%20Point%20Views.jpg?VersionId=71LksFA3HBxpdQdvyATFwWgdpQhed49m" />

Colliers and CBRE are both marketing the site.

Anka was founded by Andrew's father Alex in 1968 Their Sydney projects have included 2 Bay and 30 Bay in Double Bay and The Hensley in Potts Point.

The 12-level building is expected to home around 40 apartments, the majority two and three-beds

Developers to circle prime Darling Point apartment development site

Leading Australian integrated property development group, <a href="/developers/aqualand-australia">Aqualand</a>, is reaping the rewards of the strong demand for luxury apartments in <a href="/new-apartments/sydney-nsw">Sydney</a>, achieving $100 million in sales for its AURA by Aqualand project in February 2024 alone.

The sales success has broken the North Shore record for the highest sales volume and revenue achieved in one month (not including the month a project launches). It's some 263 per cent higher than AURA's last biggest non-launch sales month, in April 2023 when they sold $40 million of apartments.

With the record-breaking performance of the <a href="/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">$1 billion luxury mixed-use tower</a> continuing in earnest, remarkably, March’s figures are currently on track to surpass February’s record. Month-on-month increases are expected until April, then steady until the project’s construction completion in June, when a substantial spike in sales is again expected.&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=249157]

The record month further signifies strong buyer demand for the luxury project, which was initially demonstrated when over $100 million was transacted on its market launch day on 4 December 2021.

Aqualand’s Head of Sales and Marketing, Alex Adams, said the figure represented the biggest jump in sales activity on any project he’d experienced.

“Considering we hadn’t just launched the project or even released a new stage, this is by far the most impressive month I’ve seen in my career to date, and as far as we know it also exceeds every other project currently in market in Sydney, in terms of February’s sales volume,” he said.

&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=202656]

Adams believes February’s sales success can be attributed to a range of internal and external market factors.

“We’ve found potential buyers who had previously enquired, but weren’t quite ready to commit, have recently returned to the market. Those waiting to transact closer to the building’s completion have now seen its construction progress and have made the decision to buy,” Adams said.

“We also recently completed a number of stunning display apartments on levels six and ten of the building, which clearly showcase the outstanding build quality and high level of finishes.&nbsp;

“Our new year strategy to open the display apartments has definitely increased conversion.&nbsp;

“We’d always anticipated a spike in February and it’s pleasing that we outperformed our forecast. It’s even more pleasing that March is on track to outperform February."

&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=202991]

Aqualand has recently changed the buyer journey, moving&nbsp;AURA’s display showroom on-site which Adams says enables buyers to experience the actual building firsthand.

"Being in the completed building structure, in a brand-new showroom fit out, as opposed to overlooking it from across the street in our previous showroom, really builds confidence in the client’s mind," Adams said.

“We understand that luxury buyers, whilst they appreciate the off-the-plan offering, are less likely to transact until they can experience the quality, materials and our fanatical attention to detail firsthand. With this in mind, we’ve been encouraging as many prospective purchasers to visit the display apartments as quickly as possible, which also contributed to the jump in sales in February. This came down to properly maintaining historical enquiries over a length of time, on top of managing the newer ones."

Adams says external market factors, including the recent stability in interest rates and more talk about a cut rather than a hike, as well as a lack of competition and the continued growth in North Sydney.

“The ongoing transformation of <a href="/developments/north-sydney-nsw">North Sydney</a> is also becoming more obvious of late, with the new Victoria Cross Station so close to officially opening, and newer restaurant and retail offerings in the area. It’s clear to all that North Sydney’s evolution is on track, placing AURA in the right place at the right time,” Adam said.

&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=202995]

Families continue to be the lead clientele, while the stabilising interest rates, and the ability to now see the product at the new display apartments, is also attracting more investors, who are showing more interest in their searches.

“At AURA’s launch, the majority of clients were downsizers, but then families took over the buyer demographic. We’re seeing plenty of families choosing to make the decision to upscale, or as we call it, ‘right size’, into our generous three or four-bedroom apartments."

Recently, downsizers have come back, with more four-bedroom sales at around $7 million.

“With the housing market stabilising, and even increasing, they now have confidence selling their home. Also, with the interest rates steadying they can list their homes until they get the price they want. &nbsp;

“The timing couldn’t be better as this year is Aqualand’s 10th anniversary, and AURA was designed to showcase a defining project for Aqualand within our beautiful city. It’s the perfect project to celebrate the calibre of products we’ve brought to market over the last 10 years, so it’s exciting we’ll complete AURA during our 10th birthday.&nbsp;

“Having a decade in the market also instils confidence in our clients who are also encouraged to view the other high-end projects we’ve delivered. When they visit BLUE at Lavender Bay or <a href="/buildings/the-revy-pyrmont-8-darling-island-road-pyrmont">The REVY</a> in <a href="/new-apartments/pyrmont-nsw-2009">Pyrmont</a>, they can see the design and construction quality we’re now known for."

[smartcode_project_cta:default project_id=30959]

AURA by Aqualand achieves $100M in sales in February breaking second North Shore record for Aqualand 

AURA by Aqualand secures record $100 million in sales in February

Sydney developer and investment firm Inca Property Group has revealed its newest apartment development.

They'll be developing in <a href="/new-apartments/st-ives-nsw-2075">St Ives</a> where they've submitted plans for a five-level building on a 1,927 sqm, two-site amalgamation at 6-8 Newhaven Place, near St Ives Shopping Village.

The project, dubbed <a href="/new-apartments/ellis-residences-st-ives-6-8-newhaven-place-st-ives-nsw-2075">Haven Place</a>, will comprise 18 three-bedroom apartments which will fill a gap in the undersupplied downsizer market in the&nbsp;Ku-ring-gai&nbsp;area.

Tony Leung's A+ Design Group created the project, saying in their Design Verification submitted to the local council that the&nbsp;proposed development responds to the context of the site by providing built forms that sit in a landscaped setting, providing a positive contribution to the public domain.

"The proposed development achieves an appropriate built form in terms of building alignment, proportion and manipulation of building elements.

"The approach to the design proposal is to create simple, yet elegant built forms that sit harmoniously within the existing contextual environment. The balconies have been designed to be an extension of the living spaces so that outdoor living can be maximised."

The apartments start from 60 sqm and range in size to 157 sqm internally. Every apartment has a terrace or balcony, ranging from 13 sqm to 89 sqm. There will be a maximum of four apartments per floor, just two on the top level.

36 resident parking spaces across the three basement levels, two for each apartment, as well as five visitor spaces.

Inca's website suggested the "strategic move underscores Inca Group’s commitment to crafting exceptional homes in prime locations, emphasizing a blend of tranquillity and convenience for discerning residents in the prestigious North Shore area."&nbsp;

They're forecasting a mid-2026 completion.

<a href="/developers/inca-property-group">Inca</a>, founded by Joshua Thompson, have developed across both Sydney and <a href="/developments/byron-bay-nsw-2481">Byron Bay</a>. They created Byron's popular Depot Byron, 26 industrial warehouse spaces on Centennial Circuit near the Stone &amp; Wood Brewery. They've also completed apartment projects in Caringbah and Lane Cove.

Inca is also working on the <a href="/news/nsw/tara-on-park-launches-to-undersupplied-waitara-apartment-market">recently launched Tara on Park</a> in Waitara.

Inca, founded by Joshua Thompson, have developed across both Sydney and Byron Bay

First look: INCA Property lodge plans for Haven Place, St Ives apartments

National developer Sekisui House has spent just over $110 million on a prime development site in St Leonards for its next apartment development.

<a href="/developers/sekisui-house-australia">Sekisui</a>, currently developing the $1 billion Norwest masterplan as well as the $1.2 billion West Village community in Berisbane's West End, bought the 8,758 sqm freehold site across&nbsp;22-34 Berry Road, 42-46 River Road, and 21-31 Holdsworth Avenue.

[smartcode_project:default project_id=134191 project_image_fid=230]

The sale came with approved plans for 230 apartments across five four to eight-level buildings, as well as a central north-south 'green spine' which will feature a swimming pool area. Some 28 per cent of the site, 2,411 sqm, will be dedicated to communal open space.

The majority of apartments in the project, <a href="/new-apartments/holdsworth-avenue-st-leonards">Waterstone</a>, will be two-bedders, around 50 per cent. There will be roughly 46 three-bedroom apartments and 74 one-bedrooms, catering to a wide range of buyers.

<a href="/project-marketer/colliers">Colliers</a> Asia Markets team secured the <a href="/new-apartments/st-leonards-nsw-2065">St Leonards</a>&nbsp;sale through an off-market campaign process with a short four-week settlement.

"This has been a strong result despite current market conditions as active developers continue to seek DA approved development opportunities in a prime location," the Colliers team advised.

[smartcode_project:default project_id=134191 project_image_fid=234]

They said the&nbsp;strategic location of the sites within the St Leonards South precinct adds to their appeal, as they are among the few remaining parcels of land with such immense development potential.

The $110.5 million sale equates to approximately $480,000 per unit site and $4,853 per sqm on GFA.&nbsp;

The vision of the St Leonards South Precinct, described within Lane Cove Development Control Plan 2009, is for a "liveable, walkable, connected, safe, precinct which builds upon the transit and land use opportunities of St Leonards and Metro Stations and commercial centre."

<img alt="St Leonards South" data-entity-type="file" data-entity-uuid="882155e8-b587-4a66-93be-dd12d9f179bd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-19%20at%209.32.40%20am.png?VersionId=MalpWFM81TcsJj.XwWhscj4zGoL3xdgR" /> 
A concept image of St Leonards South. Image credit: North Sydney Council

Within the St Leonards South precinct is Top Spring's multi-stage development&nbsp;<a href="/new-apartments/the-newlands-st-leonards-21-41-canberra-avenue-st-leonards">The Newlands</a>, as well as Hyecorp's under construction <a href="/new-apartments/audrey-st-leonards-13-19-canberra-avenue-st-leonards">The Audrey</a>.

Meanwhile, Sekisui recently&nbsp;unveiled the final release of apartments in the penultimate stage of their multi-award-winning <a href="/new-apartments/west-end-qld-4101">West End</a> master plan.

They've just taken to market the Opulent release, a collection of four and five-bedroom luxury apartments in the <a href="/new-apartments/the-allere-collection-west-village-mollison-street-west-end">Allere Collection</a>, which comprises two towers, Uno and Duo.

Uno and Duo, which are 95 per cent sold, will be the second to last buildings in the 2.6-hectare West Village precinct which Sekisui started developing in 2016.

Colliers Asia Markets team secured the St Leonards sale through an off-market campaign process with a short four-week settlement

Sekisui buys St Leonards development site for Waterstone apartments

Busy North Shore developer WINIM has appointed builder <a href="/builders/trescon">Trescon</a> to construct their senior living-focused apartment development Longhouse in <a href="/developments/st-ives-nsw-2075">St Ives</a>.

<a href="/new-apartments/longhouse-st-ives-14-collins-road-st-ives">Longhouse</a> comprises just 18 single-level three-bedroom apartments, strategically designed to cater to over 55 living.

[smartcode_project:default project_id=29965 project_image_fid=189107]

Designed by renowned architecture firm and WINIM's longtime preferred designer partner&nbsp;<a href="/architects/rothelowman">Rothelowman</a>, Longhouse took inspiration from the classic Scandinavian 'Langhaus' design, boasting grand proportions and light-filled structures.

Longhouse cleverly mimics a cluster of small houses, complemented by lush landscaping that enhances the overall ambience.

The landscape-rich setting features strategic plantings, hedging, and carefully outlined boundaries, creating a tranquil and inviting atmosphere for residents.

[smartcode_project:default project_id=29965 project_image_fid=189104]

Construction for the Longhouse is scheduled to commence shortly.

<a href="/developers/winim">WINIM</a> has had a busy start to 2024, launching two luxury projects, <a href="/new-apartments/kleo-mosman-8-12-gurrigal-street-mosman">Kléo Mosman</a>, just 14 apartments on Gurrigal Street, and <a href="/new-apartments/huntington-residences-9-11a-chelmsford-avenue-lutwyche">Huntington Residences</a> in <a href="/new-apartments/cremorne-nsw-2090">Cremorne</a>, another boutique development of just 13 apartments.

&nbsp;

Late last year WINIM <a href="/developments/northbridge-nsw-2063">launched Flo Residences</a> in <a href="/developments/northbridge-nsw-2063">Northbridge</a>, a mix of apartments and townhouses.

[smartcode_project_cta:default project_id=29965]

WINIM has had a busy start to 2024, launching two luxury projects in Mosman and Cremorne

WINIM appoint Trescon to build Longhouse St Ives apartments

A local downsizing couple has spent a record $13 million on the penthouse in Podia's new Neutral Bay apartment development, Wirra.

The size of the apartment, at 200 sqm, and the location of&nbsp;<a href="/new-apartments/wirra-neutral-bay">Wirra</a>, on Ben Boyd Road next to <a href="/developments/neutral-bay-nsw-2089">Neutral Bay</a> Village, were the two contributing factors for the couple.

The apartment has three bedrooms, four bathrooms, and parking for three cars. The buyer hadn't initially been searching in Neutral Bay.

[smartcode_project:default project_id=112750 project_image_fid=232634]

All the penthouse levels have now been snapped up, with 30 per cent of the 20 apartments already sold.

The sale was facilitated by Michelle Dong from Australian Property Group in partnership with Atlas. Dong said the sale underscored the growing demand for high-end living spaces with iconic panoramic city and harbour views in the suburb.&nbsp;

“This sale firmly positions Wirra, Neutral Bay alongside similarly luxurious projects in Sydney’s CBD and Eastern Suburbs,” Dong says.

[smartcode_project:default project_id=112750 project_image_fid=232640]

Wirra joins Podia’s portfolio of growing projects including the new luxury hotel-apartment development <a href="/new-apartments/the-bonobo-by-raes-byron-bay">The Bonobo by Raes</a>&nbsp;in <a href="/new-apartments/byron-bay-nsw-2481">Byron Bay</a>, in partnership with hotel and hospitality brand, Raes. The project sits&nbsp;opposite Merivale’s hospitality redevelopment of the former Cheeky Monkey’s.

The Bonobo by Raes, under construction and 75 per cent sold, comprises 41 two, three and four-bedroom hotel apartments which are due for completion in the next 12 months.&nbsp;

Podia has also recently purchased a 16,000 sqm mixed-use site in Salt Village, <a href="/new-apartments/kingscliff-nsw-2487">Kingscliff</a> that they are redeveloping into a community-focused precinct which will offer a diverse variety of housing and accommodation options.&nbsp;

[smartcode_project:default project_id=112750 project_image_fid=232669]

Wirra Neutral Bay, a collaboration between Podia and Centennial, has been designed by&nbsp;<a href="/builders/mhn-design-union">MHNDU</a> with interiors by <a href="/interior-designers/richards-stanisich">Richards Stanisich</a>.&nbsp;

Ultra Building Co will build Wirra, which is slated for completion in late 2025.

[smartcode_project_cta:default project_id=112750]

$13 million Wirra penthouse sets Neutral Bay off the plan apartment record

Prominent Sydney developer&nbsp;<a href="/developers/deicorp">Deicorp</a> has released the final units within its <a href="/developments/zetland-nsw-2017">Zetland</a> mixed-use development, Downtown.

The final release, The Arches, completes the 546 apartments the project is set to deliver in the inner-city precinct at 106-116 Epsom Road, on the <a href="/news/nsw/how-deicorps-downtown-is-taking-advantage-of-zetlands-popularity-boom">fringe of the creative suburb Rosebery</a>.

The Arches is characterised by "an iconic archway entrance that transitions to peaceful inner courtyard spaces."

[smartcode_project:default project_id=7106 project_image_fid=239170]

Designed by architecture giants <a href="/architects/mhn-design-union">MHNDU</a> and <a href="/architects/bvn-architecture">BVN,</a> The Arches offers open floor plans with generous balconies designed to let in ample natural light and enjoy the surrounding views.&nbsp;

Upon completion, <a href="/buildings/downtown-zetland-106-116-epsom-road-zetland">Downtown Zetland</a> will comprise four distinct residential buildings ingeniously connected via laneways, creating a vibrant village where residents can enjoy absolute convenience.

[smartcode_project:default project_id=7106 project_image_fid=239172]

In addition to the various verdant pathways, the buildings at Downtown will be crowned by rooftop gardens, surrounded by generous lush landscaping.

Downtown has experienced strong buyer demand from both owner-occupiers and investors. As the project nears its completion, inquiries and sales continue to surge.

The Epsom Road, city fringe location has been one of the main drivers in demand at Downtown.&nbsp;

Read more:&nbsp;<a href="/news/nsw/how-deicorps-downtown-is-taking-advantage-of-zetlands-popularity-boom">How Deicorp's Downtown is taking advantage of Zetland's popularity boom</a>

[smartcode_project:default project_id=7106 project_image_fid=239176]

Downtown is conveniently located just a short stroll to the East Village shopping centre, as well as Green Square Train Station, which will get residents to the CBD in a flash or the airport in just 20 minutes.&nbsp;

The City of <a href="/new-apartments/sydney-nsw">Sydney</a> has also committed $540 million to create world-class community facilities including an innovative new library and plaza, an aquatic centre, many parks and playgrounds, a childcare centre and a creative hub, which upon completion will put residents within five kilometres of 127 parks, cafes and restaurants.&nbsp;

There are now just a handful of apartments left to sell, ahead of Downtown's estimated completion in mid-2024.

[smartcode_project_cta:default project_id=7106]

Upon completion, Downtown Zetland will comprise four distinct residential buildings ingeniously connected via laneways, creating a vibrant village where residents can enjoy absolute convenience

Deicorp release The Arches, final Downtown Zetland release

Third.i Group has appointed iCIRT-rated builder&nbsp;Dilcara as the builder for its boutique Potts Point apartment development, Muse.

The decision follows Dilcara's track record as a renowned builder with expertise in delivering luxury projects across Australia.

[smartcode_project:default project_id=112613 project_image_fid=231689]

Adam Marshall, Head of Development at Third.i, expressed excitement about the collaboration, highlighting Dilcara's reputation as a trusted builder and long-standing relationship with Third.i.

"Dilcara will be coming into an established consultant group of leading designers like WMK and Mathieson," Marshall said.

Dilcara has worked with <a href="/developers/thirdi-group">Third.i</a> for several years, previously building their headquarters in North Sydney.

"We have been working alongside Third.i since we first started our business. There's been a really long relationship," <a href="/developers/dilcara-construction">Dilcara</a>&nbsp;Managing Director Antonie&nbsp;Gittany said.

[smartcode_project:default project_id=112613 project_image_fid=231690]

<a href="/new-apartments/muse-potts-point-30-34-brougham-street-potts-point">Muse</a> in <a href="/developments/potts-point-nsw-2011">Potts Point</a> is Third.i's&nbsp;debut project in the affluent harbourside suburb. It comprises just 13 one, two, and three-bedroom apartments on Brougham Street near <a href="/new-apartments/woolloomooloo-nsw-2011">Woolloomooloo</a>.&nbsp;

Designed by <a href="/architects/wmk-architecture">WMK Architecture</a>, the project aims to reflect the architectural and natural heritage of one of <a href="/new-apartments/sydney-nsw">Sydney</a>'s oldest neighbourhoods.

A communal rooftop with a residents-only pool and expansive scenery will top off the project.

[smartcode_project:default project_id=112613 project_image_fid=231686]

"Now Dilcara have joined the team, we're just a few weeks away from starting demolition on site," Marshall added.

Construction is expected to wrap up by the end of 2025.

[smartcode_project_cta:default project_id=112613]

Dilcara has worked with Third.i for several years, previously building their headquarters in North Sydney

Third.i appoint builder at Muse Potts Point

Sustainability-focused developer <a href="/developers/orosi">OROSI</a> has successfully obtained approval for its boutique Randwick apartment project.

They're now set to demolish the houses at 3-4 Llanfoyst Street, near <a href="/new-apartments/randwick-nsw">Randwick</a>&nbsp;high street, following sign off from the Land and Environment Court to build a four-level development with 11 apartments.

OROSI, who do it all including designing and building the project, said in their design statement submitted to the Randwick City Council that the project is designed to integrate into the site and the locality and reflect the style and design of character provided for in the Councils future vision for the area.

"The context of the area of Randwick is largely characterised by a mix of 2-4 storey multi-unit and two storey dwellings. The building aims to sit comfortably in its context with the front and rear setbacks being mindful of the existing neighbouring buildings.

"The purposed building proposes to use concrete as the primary exterior skin and a brick podium base to further embed the proposal within its context."

They said the project will provide "quality residential housing to suit the local market demand."

Residents will have access to the wellness facilities in the building which will include a&nbsp;sauna, spa, plunge pool, and zen garden.

OROSI has already completed several multi-residential projects in Randwick, including one on Stanly Street, another on Llanfoys Street, and two on Carrington Road.

OROSI ready new Randwick apartment development after court approval

Investors in Sydney haven't been deterred by the 2023 interest rate hikes which took

Data by MatterFact, Apartments.com.au's new data product, shows there have been just as many investors so far in 2024 compared to the same time in 2023.

Numbers are still around 20 per cent down from where they were in early 2022, when the official cash rate was at a record low 0.1 percent and investors could make investing stack up on a wider scale.

Investors have tended to look outside of the city for affordability, apart from <a href="/news/nsw/game-changing-north-sydney-apartments-approach-completion-as-aqualand-reveal-aura-display-apartments">Aqualand's game-changing AURA by Aqualand project</a> which is soon to complete.

We've crunched the numbers and wrapped up the top five apartment developments that have drawn the interest of first home buyers so far in 2024.

<h2>Projects: The Grand</h2>

<h3>Location: 27-37 Mann Street, Gosford NSW 2250</h3>

<h3>Developer: TQM Group</h3>

<a href="/developments/gosford-nsw-2250">Gosford</a>, the entry point to the Central Coast, is undergoing a huge gentrification, which kicked off at the start of COVID-19 when the need to be in the office five days a week became redundant.

With that trend continuing, more so in <a href="/new-apartments/sydney-nsw">Sydney</a> than any other capital city, Gosford is still in vogue for both owner-occupiers and investors.

While development is rife, joint venture partners <a href="/developers/tqm-group">TQM</a> and <a href="/developers/ace-property-group">Ace Property Group</a> have sought to make their Gosford project, <a href="/new-apartments/the-grand-gosford-27-37-mann-street-gosford">The Grand</a>, stand out.

[smartcode_project:default project_id=22753 project_image_fid=210668]

The 18-level tower, designed by Sydney-based, internationally recognised architecture firm <a href="/architects/kannfinch">KANNFINCH</a>, will house 138 apartments, set above an activated podium.

Within the podium, on street level, will be several food and beverage tenancies when the building is complete in 2025.

The podium levels will be crowned by a residents' infinity pool and a landscaped garden, designed by <a href="/landscape-architect/site-image">Site Image Landscape Architects</a>.

The Grand is located toward the southern end of Mann Street, near the water. However, The Grand’s easy access to the Central Coast Highway, and its proximity to the Gosford Train Station less than 700 metres away, makes it an easy commute to both the city and exploration of the surrounding beaches, forest reserves, and beachfront national parks.&nbsp;

<h2>Projects: Fox Lane</h2>

<h3>Location: 2 Fox Lane, Rockdale NSW 2216</h3>

<h3>Developer: TQM Group</h3>

TQM Group's next generation of urban-designed apartments has become one of the most sought-after addresses in <a href="/new-apartments/rockdale-nsw-2216">Rockdale</a>, particularly by investors and first-home buyers alike.

<a href="/new-apartments/fox-lane-rockdale-499-princes-highway-rockdale">Fox Lane</a> comprises 43 studio, one, two and three-bedroom lofty, modern apartments with balconies above two ground-floor commercial spaces. The apartments start at $539,000.

The <a href="/architects/place-studio">Place Studio</a>-designed building is crowned by rooftop amenities, including a cinema, pool and BBQ area, which are complemented by easy access to some of Rockdale’s many local amenities and urban conveniences.

[smartcode_project:default project_id=141702 project_image_fid=228149]

The $50 million project is conveniently located at 2 Fox Lane, a quiet but active corner just off Princess Highway.&nbsp;

Fox Lane is only an eight-minute walk to Rockdale or Banksia Station, for a hassle-free 30-minute commute to the CBD.

The Place Studio-designed development also places residents within reach of an array of local amenities. Whether it's a day at Brighton-Le-Sands Beach, a visit to the Ador Park Precinct, or a round of golf at Bardwell Valley Golf Club, recreational options are plentiful.

The culinary scene around Fox Lane is equally impressive, teeming with a vibrant café and restaurant scene with some of the best food and dining spots nearby.

<h2>Projects: Auburn Square</h2>

<h3>Location: 26-36 Northumberland Road, Auburn NSW 2144</h3>

<h3>Developer: Tian AN Australia Ltd</h3>

<a href="/new-apartments/auburn-nsw-2144">Auburn</a> is a hub of connectivity situated in the geographical heart of Sydney, offering the benefits of suburban living, with great transport accessibility to business centres including <a href="/new-apartments/parramatta-nsw">Parramatta</a> and the CBD, only ten minutes away by train. This strategic location enhances the property's potential for long-term residency and rental yield.

There is no end of demand from home buyers and investors who want to live in Sydney’s gentrifying inner Western suburbs, especially since having turned around from the coronavirus-induced slump that occurred throughout much of 2020.

The latest data from Apartments.com.au, shows investors are interested in developer <a href="/developers/tian-an-australia">Tian An LFD</a>'s Auburn apartment development, <a href="/buildings/auburn-square-26-36-northumberland-road-auburn">Auburn Square</a>.

[smartcode_project:default project_id=7317 project_image_fid=248566]

Auburn Square comprises 427 residences in one, two, and three-bedroom configurations, including nine retail and commercial suites and various amenities.

The development offers affordable apartments, with one-bedroom and two-bedroom units starting below $600,000—below the Sydney median. This affordability makes it a feasible entry point for first-home buyers and investors.

The first stage of Auburn Square, which comprises 148 apartments across a ten-level building, has recently been completed and is ready for occupancy.&nbsp;

Retail spaces on the ground floor, along Northumberland Rd, connecting directly to Auburn Town Centre, are also now available for lease.

<h2>Projects: AURA by Aqualand</h2>

<h3>Location: 168 Walker Street, North Sydney NSW 2060</h3>

<h3>Developer: Aqualand Australia</h3>

Exciting changes are coming to <a href="/new-apartments/north-sydney-nsw">North Sydney</a>, making it a vibrant hub for new homeowners, businesses, and visitors.&nbsp;

With plans for rejuvenated public spaces, the upcoming Victoria Cross metro line, $11 billion in proposed building projects, and over 30 new retail and hospitality brands on the way, North Sydney is set to become more connected and convenient.

<a href="/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA by Aqualand</a> will be the first grand residence in the area and is the anchor to it all.

While the majority of buyers in <a href="/developers/aqualand-australia">Aqualand</a>'s game-changing North Sydney landmark were downsizers and young families, now at 90 per cent complete, Apartments.com.au is seeing several buyers looking to invest in AURA.

[smartcode_project:default project_id=30959 project_image_fid=202996]

AURA by Aqualand comprises 386 apartments above a two-level podium with several retail and commercial spaces which will activate the Walker Street streetscape.

AURA by Aqualand’s extensive retail precinct will provide residents with a curated shopping and dining destination on their doorstep, including a providore, bakery, café and wine bar, an all-day diner and a contemporary Japanese restaurant.&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=218392]

Other resident amenities include a 24-hour concierge service, a Technogym-equipped gymnasium, a wellness room, a pool of Tesla cars to share, and end-of-trip facilities. A glamorous rooftop area offers a sky sun deck, private dining rooms, barbecue and kitchen space for year-round al fresco entertaining.

The building will also benefit from a building management system to monitor and control the building’s services to ensure efficient management and allow for early detection and rectification of any issues to ensure the building is always operating optimally.

Aqualand has also engaged a third party to undertake a peer review on quality assurance once the fit-out is complete, giving buyers even more assurance of a quality build.

<h2>Projects: Heritage</h2>

<h3>Location: 37 Virginia Street, North Wollongong NSW 2500</h3>

<h3>Developer: MODCO Constructions</h3>

Over the last two decades in particular, <a href="/new-apartments/wollongong-nsw-2500">Wollongong</a> has become the hub of the region, with extensive development of retail and hospitality precincts, the introduction of the electrified train line in the early 1990s, and hospitals and other industries making it the anchor point for all those who live in the district.

The appeal extends to Wollongong's beaches, lifestyle, and cultural offerings, making it an attractive location for owner-occupiers and especially investors.

iCIRT-rated builder developer <a href="/builders/modco-constructions">MODCO Constructions</a> has been clever in its approach to its nearly completed <a href="/new-apartments/north-wollongong-nsw-2500">North Wollongong</a> apartment development, <a href="/buildings/heritage-37-virginia-street-north-wollongong">Heritage</a>.

[smartcode_project:default project_id=142643 project_image_fid=236240]

Despite only having 22 apartments, they've had PRD Architects design the floor so they're offering one, two, and three-bedroom apartments, which has especially appealed to investors enquiring in Apartments.com.au recently.&nbsp;

Heritage presents a rare opportunity to purchase a brand-new apartment just 400 metres from North Beach.

Due to the size of North Wollongong, just 136 hectares, there's not too much opportunity to buy a brand new apartment. Comparatively, the suburb of Wollongong is almost ten times North Wollongong. The size of a suburb always tells us there's unlikely going to be an oversupply, which helps support prices for the long term.

Homeowners can anticipate a swift move-in by early next year.

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