National diversified developer <a href="https://www.apartments.com.au/developers/goldfields-group">Goldfields</a> has launched its latest Brisbane apartment project, <a href="https://www.apartments.com.au/new-apartments/quartet-milton-33-manning-street-milton-qld-4064">Quartet Milton</a>, marking its entry into the sought-after inner-city suburb just two kilometres from the CBD.

The circa $100 million development will rise 18 storeys and deliver 131 apartments, offering a mix of one, two-, and three-bedroom residences.

Ideally located on Manning Street, Quartet residents will be within 300 metres of Milton Station, 500 metres from the Milton Ferry Wharf, and a short walk to Milton Markets, the iconic Park Road, as well as a range of breweries and cafés.

&nbsp;

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Designed by architecture firm <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> and brought to life by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, the building features a simple, gridded façade paired with generous glazing to enhance views, maximise aspect, and capture both sunrises and sunsets from within the apartments and their generously sized balconies.

Residents will have access to a 1,000 sqm rooftop, curated to balance wellness and entertaining, in response to increasing demand for wellness-focused shared spaces.

"We've approached Quartet Milton as a complete lifestyle offering, not just apartments, but a place where the design, amenities, and location all work together in a meaningful way," says Goldfields Managing Director Lachlan Thompson.

"Buyers are looking for that sense of confidence, knowing the vision has been carefully thought through not just by us as developers, but by all our consultants appointed to bring this together, and that it will be delivered to the standard they expect."

&nbsp;

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Cera Stribley Co-Founder and Managing Principal Domenic Cerantonio said the rooftop is designed to feel like a place "you'd genuinely use every day."

"A 25-metre pool framed by city and mountain views, wellness areas, and private dining spaces for evenings with friends create a setting designed for year-round comfort and effortless Brisbane living."

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In addition to the 25-metre pool, the rooftop will include a sauna, cold plunge, fully equipped gym, and zen gardens, all complemented by panoramic views of the city and river.

While the building is expected to appeal predominantly to owner-occupiers, Goldfields anticipates interest from investors seeking strong rental returns, driven by the project's design, location, and the city's projected capital growth in the lead-up to the 2032 Brisbane Olympics.

&nbsp;

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<a href="https://www.apartments.com.au/developments/milton-qld-4064">Milton</a>, widely regarded as one of Brisbane's most desirable inner-ring suburbs due to its lifestyle offering and proximity to the CBD, has experienced a shortage of new apartment supply in recent years.

Goldfields is already active in the Brisbane residential market through its Ripley Valley masterplanned community, Hayfield. The 109-hectare neighbourhood is already home to more than 300 families and features a large community park.

Plans for the precinct include a 4 km running track, future schools, and retail and commercial amenities, all within a 35-minute drive of the Brisbane CBD.

Goldfields also plans to deliver a new mixed-use tower at 88 Robertson Street in Fortitude Valley, within the James Street precinct. The project will include 16,000 sqm of boutique commercial space, two levels of wellness facilities, and a rooftop restaurant and event space, akin to Goldfields House in South Yarra, its flagship mixed-use development on Chapel Street, which is crowned by the Beverly Rooftop bar—one of Melbourne’s best-known venues.

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Joel Robinson

Goldfields sets the stage as Quartet Milton launches

<a href="https://www.apartments.com.au/developers/stockland">Stockland</a> and Homes NSW have taken the next major step in the transformation of Waterloo Estate, lodging a Concept State Significant Development Application and concurrent rezoning proposal for the renewal of Waterloo South.

The proposal, now on public exhibition, outlines plans for around 3,300 new homes across the 12.3-hectare precinct. A minimum 30 per cent of residential gross floor area will be delivered as social housing, approximately 20 per cent as affordable housing, and a maximum 50 per cent as market housing. The redevelopment would more than quadruple the number of homes currently on the site and more than double the existing supply of social and affordable housing.

The renewal of Waterloo South forms the first stage of the broader Waterloo Estate transformation and is set to unfold over the next 10 to 15 years. The estate currently contains 750 social housing dwellings and 120 private homes.

<img alt="First look: Stockland and Homes NSW unveil plans for 3,300-home Waterloo South renewal" data-entity-type="file" data-entity-uuid="ba2da34b-171b-4ff1-b0c7-4baf0bce97f2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Waterloo%20public.png?VersionId=S5apPKOqjPHJhk_SzCvdVPxsEBYs300o" />

The proposal, prepared by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a> and Beam Planning, spans 10 street blocks bounded by Cope, Raglan, George, Wellington, Gibson, Kellick, Pitt and McEvoy Streets, directly adjoining the Waterloo Metro Station precinct and within walking distance of Redfern and Green Square stations.

Under the masterplan, building heights would range from two to 33 storeys, delivering approximately 282,485 sqm of residential floor space alongside at least 10,000 sqm of non-residential uses and a minimum 5,000 sqm of community space. The planning framework has been specifically structured to support the mixed-tenure outcome, with the residential gross floor area capped at a maximum 50 per cent market housing allocation.&nbsp;

The Urban Design Report describes the vision as creating “a unique and vibrant mixed-tenure housing precinct that supports the needs of the community and delivers much needed housing in response to National and State Government priorities.”&nbsp;

<img alt="First look: Stockland and Homes NSW unveil plans for 3,300-home Waterloo South renewal" data-entity-type="file" data-entity-uuid="6e1a6d8b-0626-4fa7-94fc-aa91c0af86dc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/waterloo%20per.png?VersionId=duyiJTFOeezTNdM22leI3SoHuqnW6ZaY" />

A major focus of the revised proposal has been increasing the social and affordable housing component. The Minns Government increased the affordable and public housing allocation from 35 per cent to 50 per cent after coming to office in 2023.

Minister for Housing and Homelessness Rose Jackson said the changes were critical to maintaining Waterloo’s social diversity.

“When we came to government, we immediately reviewed the plans for the Waterloo renewal and boosted the number of public and affordable homes from 35 to 50 per cent,” Jackson said.

“This was a crucial step to ensure Waterloo remains a welcoming place for people from all walks of life to call home now and into the future.”&nbsp;

Minister for Planning and Public Spaces Paul Scully said the project would reshape the precinct for generations.

“This concept DA brings thousands of new public, affordable and market homes on the doorstep of the Waterloo Metro station another step closer to reality,” Scully said.

“Importantly, alongside the new homes the plan also proposes new open space where residents and the broader community can gather, relax and play.”&nbsp;

<img alt="First look: Stockland and Homes NSW unveil plans for 3,300-home Waterloo South renewal" data-entity-type="file" data-entity-uuid="867520cb-6e07-4204-885e-53793ac88066" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Waterloo%20public%20a.png?VersionId=lgSI85Q23xBLYLC9NcWKuWZY2HfP4zQ3" />

Stockland Managing Director and CEO Tarun Gupta said the project had been shaped around long-term liveability and community infrastructure.

“As delivery partner, Stockland is proud to be working with the NSW Government on the renewal of Waterloo South – a significant project with community at its heart,” Gupta said.&nbsp;

The planning documents place strong emphasis on “Designing with Country,” recognising the site’s location on Gadigal land. The masterplan incorporates new east-west pedestrian links, activated streetscapes, rooftop communal spaces, retail frontages, and landscaped public areas intended to improve permeability and community connection throughout the estate.&nbsp;

The proposal also seeks to establish a more flexible planning framework for future detailed SSDAs, including updated provisions for educational uses, creative industries, rooftop communal areas, and active frontages. A minimum seven per cent of residential floor space will be delivered as affordable housing managed in perpetuity by community housing provider City West Housing.&nbsp;

The Social Impact Assessment prepared by Urbis describes the renewal as one of Australia’s most significant public housing transformations, identifying substantial long-term positive impacts associated with housing supply, accessibility, public domain improvements, and community infrastructure.&nbsp;

Stockland and Homes NSW have already commenced the first stage of resident relocations, with some tenants moved into newly completed homes at Waterloo Metro Quarter and the Boronia development nearby.

First look: Stockland, NSW Gov, unveils plans for 3,300-home Waterloo South renewal

<a href="https://www.apartments.com.au/new-apartments/smith-by-valli-collingwood-224-228-smith-street-collingwood-vic-3066">Smith Collingwood</a> is a new boutique apartment development bringing a refined, design-led approach to one of Melbourne’s most established inner-city neighbourhoods.

Designed by <a href="https://www.apartments.com.au/architects/pandolfini-architects">Pandolfini Architects</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/lisa-buxton-interiors">Lisa Buxton</a>, Smith by Valli sits on iconic Smith Street and comprises just 22 residences tailored toward owner-occupiers seeking a more considered style of apartment living.

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The design of Smith focuses on a north-facing orientation across all residences, a relatively uncommon feature in dense inner-Melbourne settings. Each apartment has been planned to maximise natural light and outlook, alongside a material palette defined by warm tones, custom joinery, and a full suite of Gaggenau appliances.

The development comprises a mix of one, two, and three-bedroom apartments, with pricing currently ranging from just under $1 million to around $4.85 million for the premium penthouse-level residences, reflecting growing demand for luxury owner-occupier product in Melbourne’s inner urban market.

Residents will also have access to a private rooftop garden designed as an elevated retreat above the city, &nbsp;featuring curated landscaping, veggie boxes, intimate seating areas and spaces for relaxed gatherings. Sustainability has also been integrated into the project through a 7-star energy rating and two secure bicycle facilities for every residence.

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Smith by Valli sits in the heart of one of Melbourne’s most established retail and hospitality strips, within walking distance of venues such as Falco Bakery, Carnation Canteen and Alimentari, alongside parks and everyday services. With a Walk Score of 99, the location reinforces the project’s positioning toward buyers prioritising walkability and access over car dependency.

With only a limited number of residences, Smith reflects growing demand for smaller, highly curated apartment developments that prioritise design quality, liveability, and connection to neighbourhood character.

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Smith by Valli delivers design-led apartments to Melbourne’s inner north

<a href="https://www.urban.com.au/developers/far-east-consortium">Far East Consortium</a>’s 640 Bourke Street stands as a testament to&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic-3000">Melbourne</a>’s ability to bridge its storied past with a bold vision for the future.&nbsp;

Rising above the heritage-listed Eliza Tinsley building, the development reflects a broader shift toward adaptive reuse in the city, where historical assets are retained and reinterpreted as part of new residential development.

Designed by <a href="https://www.urban.com.au/architects/rothelowman">Rothelowman</a>, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> incorporates the Eliza Tinsley building as its foundation, housing a grand gallery and lobby space that serve as both a functional and symbolic centrepiece. The heritage façade informs the tower’s design, creating a connection between Melbourne’s past and its contemporary skyline.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

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Above this historic base, the 68-storey tower will deliver just over 600 residences, a notable reduction from earlier schemes, reflecting a deliberate move toward larger-format apartments and a stronger owner-occupier focus.

Unlike traditional CBD developments that prioritised investor stock, 640 Bourke Street has been repositioned to respond to changing buyer expectations.

"The discussion was all around making 640 Bourke Street the best residence to live in, to be much more focused on the people in the building rather than people looking at the building," Marsland explained.&nbsp;

This shift is evident in the development’s interiors, which emphasise practical luxury with spacious layouts, high ceilings, and floor-to-ceiling windows framing sweeping views of Melbourne and Port Phillip Bay.&nbsp;

“What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Lauren Sheldon, Far East Consortium’s Director of Sales and Marketing, said.&nbsp;

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Rothelowman Associate Jun Chang added, "We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."&nbsp;

Amenities spanning more than 3,000 sqm across multiple levels further reinforce this focus on resident experience. These include a pool, gym, co-working areas, and a range of hospitality-inspired spaces such as a whisky lounge, library, and private dining rooms, many drawing reference from traditional bathhouses and Melbourne’s laneway culture.

"We wanted to make both the pool and the gym area to be absolutely destinational, and when you traverse across to these spaces, there is a gentle familiarity to the beautiful notions of the hammams and the Roman baths, a gentle nod to history," Chang noted.

At street level, the project contributes to the ongoing transformation of the western CBD, with upgrades to Langs Lane and the introduction of retail, hospitality, and gallery spaces designed to activate the precinct and strengthen its connection to the surrounding city fabric.

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The location places residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market, and the Docklands waterfront, positioning the development within a rapidly evolving inner-city neighbourhood.

"We believe it's the best site left in the city of Melbourne," Craig Williams, Executive Director at Far East Consortium, said.&nbsp;

640 Bourke Street is Far East Consortium’s 14th building in Melbourne’s western CBD.

"A very elegant designed building. It's going to be a Melbourne statement for many, many years to come."

One-bedroom apartments are priced from around $640,000, with 640 Bourke Street targeting completion in 2029.

Renders shown are Artist's Impressions correct as of May 2026.

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Heritage-led design anchors Far East Consortium’s 640 Bourke St, Melbourne

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

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The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

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Each residence has been configured with four bedrooms, multiple living zones, a private office, and expansive ocean-facing terraces. Interiors draw on a restrained material palette, including travertine stone, timber joinery, and integrated premium appliances.

Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.

“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”

Residents will have access to a suite of wellness-focused amenities, including pools, sauna facilities, and dedicated relaxation spaces, reflecting a broader shift toward lifestyle-driven apartment design on the Gold Coast.

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The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

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MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

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.

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The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

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

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

Ellen Walker

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

Joint venture partners Rebel Property Group &amp; Braxton Capital, both privately held Sydney-based development firms, have unveiled plans to build 10 townhomes in Sydney’s affluent Lower North Shore.&nbsp;

The proposal is planned for a 2,400 sqm site close to Chatswood acquired last year from Uniting Church Australia. The site at 7-9 Lynvale Close had been under the same ownership for 50 years before the partners swooped.&nbsp;

Braxton owner Andrew Donnelly said they had been drawn to the site due to its ideal location: a quiet street across from a park, close to elite schools, a quick walk to the shops at Lane Cove or Chatswood and close to multiple train stations.

“The proposed scheme will be the first collection of houses by Rebel &amp; Braxton and has been developed in response to the increased demand&nbsp;for luxury homes in Sydney’s Lower North Shore,” Donnelly said.&nbsp;

The 2400 sqm site, currently occupied by a derelict aged care facility, will be redeveloped into a collection of residences designed by their longstanding architect partner Popov Bass. Each residence will have views of Helen St Park and will contain up to three separate living areas, three bedrooms, generous gardens and double lock-up basement parking and storage.

<img alt="The residences will replace a disused aged care facility at 7-9 Lynvale Close. " data-entity-type="file" data-entity-uuid="0806ee84-ea4c-42b0-b694-875271a89d53" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Disused%20aged%20care%20facility%20at%207-9%20Lynvale%20Close.png?VersionId=GUjiLxvam6JPSQ4tbi9RdOGPRBbrdhBF" />

Allen Linz from Rebel said: “We’ve worked closely with Council to achieve an outcome that improves the streetscape and provides for much-needed accommodation within the area.”&nbsp;

Designed with owner-occupiers in mind and at the top end of the market, each home will have a private lift and private master retreats including large bedrooms, walk-in robes and ensuites, a laundry room and integrated appliances. Select residences will also have a third living area that can be converted into a gym or studio, cinema room, private art studio or a kids’ rumpus room.&nbsp;

The developers are aiming to start construction by mid-2023, having just received planning approval from Lane Cove Council.

Rebel and Braxton have been busy over the past 18 months, padding out a substantial development pipeline with high-end residential apartment projects and commercial projects across Sydney. They hold a major focus on the core metro areas of Sydney such as the Inner West, Lower North Shore and the Eastern Suburbs.&nbsp;

<img alt="Rebel" data-entity-type="file" data-entity-uuid="580b06f3-4e8a-4339-8c44-4456318f63eb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-18%20at%2012.11.01%20pm.png?VersionId=CNvpMD4cybsRyYaEevzbkmESYrZEJrK8" />

In Marrickville, the group, in partnership with Toga Group, has recently secured pre-sales and started construction on an $80 million multi-level industrial complex after buying the 3500 sam site at 18-36 Faversham Street in 2022.&nbsp;

It also has plans for another Marrickville site it amalgamated earlier this year. The group secured 41-47 Farr Street, which it has since adjoined with a neighbouring site at 37 Farr Street, to create a 2,450 sqm block.

It now has plans for a <a href="/news/nsw/rebel-and-braxton-secure-greenlight-for-marrickvilles-first-timber-yards-precinct-apartments">$100-million project comprising five storeys of residential apartments</a> and a 600 sqm community pocket park.

Rebel and Braxton have been busy over the past 18 months with high-end residential apartment projects and commercial projects planned across Sydney

Rebel and Braxton unveils luxe Lane Cove townhouse project

The top 16 Sydney off the plan apartment developers to look out for in 2024

Rarely does an opportunity come along to buy brand new in the heart of the UNESCO World Heritage-listed Blue Mountains west of Sydney.

Yarrabee, in Katoomba,&nbsp;comprises just 24 designer three-bedroom duplex residences designed by Gelder Group Architects overlooking the old Katoomba Golf Course.

Yarrabee aims to provide residents with a lifestyle focused on wellness and rejuvenation amidst nature. The homes ensure maximum comfort and convenience against a tranquil parkland backdrop.

Constructed from robust concrete and masonry, each residence prioritises durability and longevity. Thoughtfully crafted floor plans seamlessly connect living and bedroom spaces, whilst timber stairwells promote a sense of connection and continuity within the home.

[smartcode_project:default project_id=142688 project_image_fid=233338]

An open-plan layout fosters a warm, inviting atmosphere in every home's living and dining spaces. Large glass sliding doors and commercial glazing usher natural light and frame views into the parklands—creating a bright, airy atmosphere, while ducted air conditioning ensures year-round comfort. Residents can enjoy the afternoon breeze while sharing a meal with family or entertaining friends.

The kitchen features engineered stone benchtops, brushed nickel tapware, SMEG appliances, and premium finishes for a perfect balance of functionality and aesthetics.

Residents can unwind in style and comfort in Yarrabee’s luxurious bedrooms, featuring terrace access and versatile usability options.&nbsp;

[smartcode_project:default project_id=142688 project_image_fid=233340]

Abundant natural light enhances each bedroom's warm and inviting ambience, while premium-selected carpets offer a touch of luxury underfoot. The terrace access provides residents a private spot to enjoy the early morning Blue Mountains air.&nbsp;

Oversized master bedrooms boast ensuite bathrooms, with some residences featuring a walk-in wardrobe for ample space.

Designed with versatility, the third bedroom allows residents to use it as a home office, nursery, or guest bedroom.

From elegant tapware to a spacious, light-filled design, Yarrabee’s bathrooms are the perfect places to start and end the day. The light colour scheme and strategically placed windows create openness, welcoming natural light while maintaining privacy. Brushed nickel tapware adds an elegant touch, and mirrored wall cabinets offer beauty and practical storage.

[smartcode_project:default project_id=142688 project_image_fid=233342]

All residences include spacious garage access and a security intercom system, optimising space for functionality, comfort, and security. A selection of the tri-level duplexes facing the parklands offers internal lift access.

Yarrabee, with its unmatched lifestyle and connectivity options, is just a short drive from local landmarks such as The Three Sisters, Everglade House &amp; Gardens, The Scenic Skyway, and Leura Cascades.&nbsp;

Yarrabee is under construction by builder Hancon, with completion expected in early 2024.

[smartcode_project_cta:default project_id=142688]

Yarrabee is under construction by builder Hancon, with completion expected in early 2024

Yarrabee Katoomba: Rare new off the plan duplexes in the Blue Mountains

KDMC, a long-time developer in Sydney's North West, is set to launch its next residential apartment development, Ophora in Tallawong, which will become one of&nbsp;Sydney's most affordable apartment complexes to offer a coveted 10-year Latent Defects Insurance (LDI), and the first within Blacktown City Council.

Ophora, which will comprise 81 residential apartments that are priced from $475,000 for a one-bedroom apartment, is currently under construction and due for completion next year.

KDMC&nbsp;is a leading Australian provider of property development, management, and capital services. KDMC was one of the first developers to identify Sydney’s North West as a potential for future growth back in 2009, and among the first to make applications to the Blacktown City Council for high-density residential projects in the area.

According to SHC Insurance Brokers, Ophora is one the city’s most affordable developments to come with the new LDI, which offers buyers a 10-year insurance policy post-completion on all structural elements of the building. LDI is being offered exclusively through Resilience Insurance, with SHC Brokers being one of only four approved distributors of the insurance nationally.

<img alt="Ophora Tallawong" data-entity-type="file" data-entity-uuid="1d3a643d-4889-4900-8754-e926519e3cbd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-13%20at%2010.30.06%20am_0.png?VersionId=UminHMbQ52A0e4KRMrcSCqKx3fsGySVq" />

Just under 60 developments across the nation now boast LDI, which was brought to Australian shores in November last year. It is a government-approved alternative to the mandatory Strata Bond – worth two per cent of a building’s construction cost and is tipped to play a role in building buyer confidence.

LDI was incorporated by the NSW Government and the NSW Building Commissioner - David Chandler OAM - into the 2019 building reforms to extend consumer protection. The reforms strengthen the administration of building regulation and certification and enhance the accountability of certifiers while also maintaining a best practice building regulation and certification system.

How LDI is driving buyer confidence across Sydney’s residential buildings&nbsp;

KDMC Development Manager, Ronnie Rahme, said while their projects had long been synonymous with providing much needed quality housing across Sydney’s North West, offering LDI at Ophora meant they could provide peace of mind to first home buyers and investors, offering 10-year insurance and coverage over $50 million.

“Rebuilding confidence among apartment buyers has become crucial for many Sydney developers since the Opal Tower crisis back in 2019, when occupants noticed major defects in the building not long after it was completed. It’s why, in a nutshell, we were quick to acquire LDI before we began construction on Ophora,” Rahme said.

“This means a far higher surety of compliance with standards, codes, and safety for our buyers’ new home is provided in addition to Design and Building reforms implemented by the NSW Building Commissioner.&nbsp;

“Given the gravity of the nation’s housing crisis, coupled with a slew of construction horror stories that rocked the apartment sector over the past few years, we understand there’s a greater need than ever to provide safe, quality and affordable housing to all. LDI removes a lot of the unethical and untrustworthy behaviour we’ve witnessed from builders across Sydney. It helps us send the message that entry-level prices don’t equate to a sacrifice on safety or quality."

<img alt="Ophora Talllawong" data-entity-type="file" data-entity-uuid="f3540717-8095-4e32-b15e-92f8d0c75a31" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-13%20at%2010.32.02%20am.png?VersionId=l32YExJkQpn.wRqMSyn2d8a_98y8ApbM" />

KDMC are also&nbsp;in the process of incorporating the&nbsp;KPMG&nbsp;Building Trustworthy Indicator, which collates data on the regulated design and construction process in a bid to build trust of the building ecosystem by providing transparency to buyers.

SHC Insurance Brokers founder Stefan Hicks said while a handful of Sydney developments were quick to embrace it, KDMC’s Ophora would be among the first entry-level residential apartment complexes to offer LDI, and the first in Blacktown City council.

“Gaining LDI is no mean feat," Hicks said.

"It’s offered selectively to developers and builders with a quality building history, and it requires both parties to employ an independent inspection service throughout construction. While this insurance is well-established around the world in about 40 countries, in Australia we’re typically seeing high-end buildings covet LDI. The fact that Ophora has joined this exclusive list of quality-assured builds is a coup for entry-level home buyers.”

About KDMC’s Ophora residential project

Ophora is one of three developments currently under construction in Tallawong, within the city’s fast-growing North West corridor.

<img alt="Ophora" data-entity-type="file" data-entity-uuid="d3659684-db9c-4888-ba0b-fec6f60887ab" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-13%20at%2010.30.14%20am.png?VersionId=TIJS6LP5JbZxTwtJLV6jOQgpbHF8jc_b" />

Ophora is located just two kilometres from two train stations (the new Tallawong Metro Station and Schofields Train Station) while being less than a two-minute walk from the nearest bus station. One-bedroom apartments are priced from $475,000, two-bedroom apartments from $625,000, and three-bedroom homes are from $745,000.

Rahme said while construction was due to be completed around the third quarter of 2024, they had already received strong interest from potential buyers, with a strong surge of first home buyers taking advantage of the Government’s $10,000 First Home Owner Grant.

Ophora’s display suite launch is scheduled for early 2024.

Ophora is one of three developments currently under construction in Tallawong, within the city’s fast-growing North West corridor

New Tallawong apartment development to offer 10-year Latent Defects Insurance

Spring Square by Poly ticks all the boxes for the first home buyer: affordability, community, strategic location, and quality interiors.

The <a href="/news/nsw/nsw-stamp-duty-the-july-1-2023-change-that-will-affect-first-home-buyers">substantial change in stamp duty concessions</a> by the NSW Government earlier has kicked started first home buyer interest in the off the plan apartment market. Every apartment at Spring Square subject to no stamp duty for first home buyers.

The previous threshold of $650,000 has now increased to $800,000, with staggered concessions applicable for properties up to $1 million. The New South Wales government estimates that a first home buyer acquiring an $800,000 property will save up to $31,090 under the revised regulations.

Apartments at <a href="/buildings/spring-square-by-poly-bankstown-32-kitchener-parade-bankstown-nsw-2200">Spring Square by Poly </a>start from just over $450,000, and the two-bedrooms from $645,050. The priciest two-beds start from $714,400.

Poly Global also extends a five per cent discount on the retail pricing for all apartments at <a href="/buildings/spring-square-by-poly-bankstown-32-kitchener-parade-bankstown-nsw-2200">Spring Square</a>, making it even easier for first home buyers and opening the door to savvy investors.&nbsp;

[smartcode_project:default project_id=7054 project_image_fid=47627]

Located on a 46,400 sqm site at <a href="/buildings/spring-square-by-poly-bankstown-32-kitchener-parade-bankstown-nsw-2200">32 Kitchener Parade</a> at the site of an old RSL, <a href="/buildings/spring-square-by-poly-bankstown-32-kitchener-parade-bankstown-nsw-2200">Spring Square</a> comprises 516 apartments across five towers over significant retail and commercial space.

Designed by Scott Carver, the buildings take on a striking contrast of tonal brick, extensive glazing, and vertical louvres.

The master plan includes retail shops, a 684 sqm “health services facility,” a childcare centre, and a basement car park with 714 parking spaces.

Residents also benefit from various communal spaces, with interconnecting walkways and green parks.&nbsp;

[smartcode_project:default project_id=7054 project_image_fid=47631]

One of the standout features of Spring Square is the through-site link steps that traverse the development, serving as its iconic landmark. These steps provide access to both sides of the precinct and serve as a meeting point for residents to socialise and foster community.&nbsp;

The gardens within Spring Square are a vibrant and diverse playground with lush green lawns and native trees, offering the perfect backdrop for outdoor activities and relaxation, encouraging residents to unwind and connect with nature.

The outdoor barbecue and kitchen areas allow residents to enjoy alfresco dining with family and friends. Interspersed throughout the gardens are seating nooks that offer peaceful spots to relax, read a book, or enjoy the surroundings.&nbsp;

[smartcode_project:default project_id=7054 project_image_fid=47632]

But it's not just about the green spaces. Spring Square will also be home to several small cafes, bars, and outdoor al fresco dining options. These will spill out onto the podium and ground level, creating a vibrant social hub at the residents' doorstep.

Upon entering Spring Square, residents and visitors are greeted by the grand ceiling of the impressive lobby, featuring detailed bronze textures and warm lighting for a welcoming atmosphere reminiscent of a boutique hotel.&nbsp;

The apartments come in various single and double-level layouts and crossover arrangements. The mix of living options caters to diverse residents, providing a flexible and dynamic living environment.

Each open-plan apartment features floor-to-ceiling windows that bring the outside into the living and dining areas, overlooking Spring Square's landscaped plaza.

[smartcode_project:default project_id=7054 project_image_fid=47636]

The modern kitchens boast ample storage space and high-end appliances. The 20-millimetre Caesarstone benchtops, powerful gas cooktops, and contemporary chrome tapware add to the elegant vibe, while the tinted mirror splashbacks elevate the overall aesthetic.

The bedrooms also feature large windows that invite morning sunlight and fresh air, while the plush carpets add an element of warmth and cosiness to the space. Some bedrooms have outdoor balconies and courtyards, allowing residents to bask in the first light of the day from the comfort of their beds.

Designed with style and functionality, the bathrooms have wall-hung vanities, streamlined shower screens, and a shower and bathtub.

With sustainability no longer optional for residential design, Poly Australia also integrated sustainability measures into the development, including greywater recycling, a central hot water system, solar panels, and energy-efficient air-conditioning. The project holds a BASIX rating for water efficiency.

Situated at the northern end of Bankstown's commercial precinct, Spring Square by Poly is strategically positioned to benefit from the renewed Canterbury-Bankstown to Sydenham corridor and the new Sydney Metro train line, just 300 metres away.

[smartcode_project_cta:default project_id=7054]

The substantial change in stamp duty concessions will also help more prospective buyers to enter the market, with every apartment at Spring Square subject to no stamp duty for first home buyers

How Bankstown's Spring Square by Poly apartments tick all the boxes for a first home buyer

It's always quite fascinating talking to developers. No two conversations are ever the same.

They've all got a different story, a varying level of experience and completed development pipeline. Most importantly, every developer has a different way of doing things, from how they identify development sites to what type of product they develop.

Established Sydney property developer <a href="/developers/billbergia">Billbergia</a> found where they would sit in the Sydney off the plan apartment market in the mid 1990s, after starting life in 1988 as a civil contracting company before focusing on townhouses and low-density apartment development.

The strategy was a simple but effective one, and it was a strategy that relied heavily on location.

They doubled down on the waterfront, where they've in essence created whole suburbs. While the strategy has evolved in recent years to create communities around strong transport links in the likes of Lidcombe, Arncliffe and West Ryde, waterside suburbs are where the developer is still where the action is.

Speaking recently to Joseph Kinsella, third generation Kinsella who is the group Director, it was clear <a href="/developers/billbergia">Billbergia</a> knew what type of apartment developer they would become right from the outset.

"Dad [<a href="/developers/billbergia">Billbergia</a> Founder John Kinsella AM] saw an opportunity to acquire and amalgamate areas near both water and transport and took ownership of large sites in Meadowbank, Rhodes, Wentworth Point and Camelia.

"History has always turned its back to the water. It's where industrial precincts were located and where unloading and loading were the main activity. But the natural transition, as Sydney's gentrified and come out of the industrial era, these locations are at a premium," Kinsella says.

<a href="/developers/billbergia">Billbergia</a> completed their Meadowbank precinct, Waterpoint Shepherds Bay&nbsp;complex where the family office is located, over a decade ago, and with it between 800 and 1000 apartments.

Meadowbank is located just across the Parramatta River from Rhodes and Wentworth Point, where <a href="/developers/billbergia">Billbergia</a> is still developing.&nbsp; They've been developing in Wentworth Point almost as long as the suburb has existed. Previously part of Homebush Bay West, it was only 2009 when Wentworth Point became its own suburb.

"Construction in Wentworth Point started in around 2010, but the visioning of the project happened long before that," Kinsella said.

"There were mostly just four to eight-level apartment projects, no real town centre, no schools, and not much opportunity for pedestrian activity or transport.&nbsp;

"Fast forward 12 years and there's a thriving community with a vibrant town centre, around 3,000 apartments, and transport in and out of the suburb, both by bus, car, and the now famous public transit and active transport Bennelong Bridge.

<a href="/developers/billbergia">Billbergia</a> has just unveiled updated plans for its Bennelong Cove project,&nbsp;the final stage of the multi-national award-winning 11-hectare master-planned community at Wentworth Point in Sydney’s inner-west.

The proposal also incorporates a waterfront promenade with amphitheatre, restaurants, cafes and a registered club and pub to activate the foreshore promenade with a major 16,000 sqm new park in the heart of the town centre. It’s accompanied by $70 million in new community and social infrastructure, a $36 million multi-purpose indoor and outdoor sports and recreation centre with outdoor courts, as well as two childcare centres.

Read more:&nbsp;<a href="/news/nsw/billbergia-unveils-updated-plans-for-bennelong-cove-wentworth-point-masterplan">Billbergia unveils updated plans for Bennelong Cove, Wentworth Point masterplan</a>

<img alt="Billberbergia" data-entity-type="file" data-entity-uuid="b8e06889-191b-4fe6-9ddd-3dc5aae3c865" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-11%20at%203.40.26%20pm.png?VersionId=uqGmynh1w0AWIAHVqVVxPD7WiO8AkuNw" />

Over in Rhodes, accessed by Bennelong Bridge from Wentworth Point over Parramatta River which <a href="/developers/billbergia">Billbergia</a>&nbsp;developed, Kinsella says they've seen a number of different markets and cycles over the 15 years they've been developing in the suburb.

"The unit mix back in the early 2010's was typically more investor focused, ones and two-beds mainly. You couldn't sell a three-bed apartment 15 years ago," Kinsella said.

"Now there's more infrastructure, a primary school and construction nearing completion for a new high school, the suburb has transitioned from investor friendly to owner-occupier. Everything is two and three-bedrooms with some family four-bedders.

"Owner-occupiers are seeing a suburb which is more appealing, affordable and lower maintenance home for family living compared to the traditional family home which is now out of reach for so many in a quality suburb. There's everyone from families to young professionals who both Rhodes and Wentworth Point are appealing to."

Kinsella says there are two halves to Rhodes, the east and the west, with the train station as the centrepoint.

"The west side is where the majority of rezoning happened in the early 2000s, and that's all but delivered. We recently completed the Super neighbourhood shopping centre Rhodes Central, adjacent to the train station entry on the west side. That's really the hub of the suburb for shopping."

<a href="/developers/billbergia">Billbergia</a> is currently developing stages two and three of Rhodes Central, two apartment towers with a community recreation centre on three levels in the podium. The two towers, with 674 apartments, will be the second to last piece in that precinct, with <a href="/developers/billbergia">Billbergia</a> currently in discussions with council about providing additional infrastructure to the suburb with the possibility of a bus interchange adjoining the train station.

In October <a href="/developers/billbergia">Billbergia</a> submitted plans for&nbsp;a 37-level, 244-apartment tower at&nbsp;9-13 Blaxland Road, Rhodes.

The proposed new sustainable tower features a striking slender form designed by architects GroupGSA in collaboration with Singaporean landscape studio Salad Dressing - whose exterior design concept earned them first place in a design excellence competition for the site.

Aligned with the principles of the 2021 Rhodes Place Strategy, the proposed new tower sits within the&nbsp;<a href="/developments/rhodes-nsw-2138">Rhodes</a>&nbsp;Station Gateway East precinct that was rezoned by NSW State Government in 2021 following extensive community consultation.

Read more:&nbsp;<a href="/news/nsw/billbergia-file-for-sustainable-rhodes-apartment-development">Billbergia file for sustainable Rhodes apartment development</a>

While continuing their strong foothold in Wentworth Point and Rhodes, <a href="/developers/billbergia">Billbergia</a> has branched out over recent years.

They have Arncliffe Central, a multi-stage development near the Sydney Airport and the first masterplanned community of its scale in Arncliffe.

In partnership with the NSW Government Land and Housing Corporation and community housing provider Evolve Housing, Arncliffe Central will deliver four towers with over 800 apartments above a retail podium, as well as parklands, a&nbsp;brand-new community centre, childcare facility, full-line supermarket with supporting retail, and an ‘eat street’ restaurant and café precinct on the 1.3-hectare site.

They also have just completed four towers at Lidcombe Rise adjacent to the Station, providing 41 per cent social and affordable housing, and three apartment towers at The Parade in West Ryde, next to the West Ryde Train Station.

<a href="/developers/billbergia">Billbergia</a>&nbsp;is widening its net once again, not only to a new suburb, but a whole new area with their latest plans, a two-tower, work-from-home focused development in Chatswood.

The PBD Architects-designed towers at 8 Wilson Street, which will be the developers first foray into the North Shore market, will be connected by a podium with retail, commercial showrooms, and flexible SOHO style live/work offerings.&nbsp;

The two 27-level towers will have 251 apartments.&nbsp;

Read more:&nbsp;<a href="/news/nsw/billbergia-focus-on-hybrid-remote-working-at-new-chatswood-apartment-development">Billbergia focus on hybrid, remote working at new Chatswood apartment development</a>

<a href="/news/nsw/billbergia-focus-on-hybrid-remote-working-at-new-chatswood-apartment-development"><img alt="Bilbergia" data-entity-type="file" data-entity-uuid="9e7d0170-c7d9-4645-a989-50aaba2c237b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-11%20at%204.23.09%20pm.png?VersionId=.vmbAC9dlcoQ8xiN0RFJTqPhEHSa7YyO" /></a>

To highlight Billbergia's long standing in the Sydney off the plan apartment market, they were one of the first developers to work directly with Building Commissioner David Chandler OAM before highly anticipated iCIRT rating system was in place.

"We were one of the industry leaders who worked hand in hand to put the iCIRT rating system together, and we were one of the first to achieve the rating," Kinsella said, adding that the system is starting to make an impact.

"Initially the rating system was a bit slow until it got consumer recognition, but it's starting to get there," Kinsella said.

"It can be more of a marketing push for more and more developers, but ultimately from a consumer point of view, if you're set on a suburb and you see one developers project with it and another without it, people will naturally start gravitating to those developers."

On the outlook of the Sydney off the plan apartment market in 2024, Kinsella said there's a lot of demand drivers which will point to growth.

"Migration is there and there's growing demand, while supply is quite constrained due to planning, and even when supply is available, many projects still aren't feasible.

"Prices need to catch up, and off the plan apartment prices will have to go up for buildings to be developed."

Speaking recently to Joseph Kinsella, third generation Kinsella who is the group Director, it was clear Billbergia knew what type of apartment developer they would become right from the outset

Billbergia: The suburb-creating developer expanding its horizons

The Minns Labor government has announced an enhanced Sydney Metro West project will be delivered, with the potential addition of new stations to help drive new housing supply.

The government is moving to link the construction of major new transport infrastructure in Sydney to major new housing uplift, and this focus will underpin Metro West.

It’s why the NSW Government has also directed Sydney Metro to work on increasing the delivery of new housing supply along the Metro West alignment, to support the government’s plan to build more well-located homes near new and existing transport infrastructure.

If we are going to tackle this crisis, to create more housing supply that will drive down the cost of renting or buying a home, our city is going to have to change.

We need well-located houses and apartments near well-connected transport infrastructure, so people have a place to call home, where they can move around our city easier. Metro West is the beginning of this.

<h3>More sustainable timeline to be adopted following Sydney Metro Review</h3>

The project will be reset to a more sustainable timeline, with the project expected to be completed by 2032.

The additional construction time means taxpayers will not be paying a premium to deliver the project and will provide the necessary timeframe to explore additional station and housing options.

The previous government left a 7-kilometre gap between Sydney Olympic Park and Parramatta metro stations.

To continue this project without maximising its potential to underpin the construction of thousands of new homes would have been an incredibly wasteful missed opportunity.

To that end, the NSW Government has directed Sydney Metro to complete scoping studies for up to 2 new stations to be constructed west of Sydney Olympic Park, along the existing planned route, with a decision made based on their ability to drive greater urban infill housing.

The announcement has been endorsed by the recommendations of the Sydney Metro Independent Review.

Independent reviewers Amanda Yeates and Mike Mrdak have concluded their thorough analysis of the Sydney Metro project. Their findings include:

<ul>
	<li>The government should commit to the current 9 station alignment of Sydney Metro West at a minimum, targeting an opening date of 2032. The reviewers made a point of noting the “arbitrary” nature of the previously announced delivery date determined by the former government.</li>
	<li>Ensure the current design and construction plans do not preclude additional stations from being considered as station locations in future.</li>
	<li>That Sydney Metro to provide a consolidated property and placemaking strategy across all existing lines to support the government’s priorities regarding housing supply.</li>
	<li>That a business case should be prepared to improve bus and active transport connections to broaden the catchment of the existing alignment.</li>
</ul>

Sydney Metro West will ensure tens of thousands of people will be able to live next to a ‘turn up and go’ service that connects them to their jobs, their services and their communities with a train every 4 minutes.

Sydney Metro will move to shortlist delivery partners and develop a procurement model that provides opportunities to get the most housing and the best return from this significant investment for the people of NSW.

<h3>MOU with the Australian Turf Club on Rosehill Racecourse</h3>

The critical need to deliver housing in well located areas, along transport links means the Minns Labor government has commenced discussions with the Australian Turf Club (ATC) on a <a href="/news/nsw/minns-labor-government-to-discuss-converting-rosehill-racecourse-into-25-000-new-homes">proposal to relocate Rosehill Racecourse and build up to 25,000 new homes</a>, surrounded by greenspace and a new Sydney Metro West station.

The proposal, which was brought to the NSW Government by the ATC, centres around the potential to build more than 25,000 new homes on the Rosehill Racecourse site. This would allow the government to explore the feasibility of a new Metro West Station at Rosehill.

The plan will secure the long-term future of horse racing in NSW and the 90,000 jobs it supports with several sites across Sydney to be earmarked and investigated for a new, world-class racecourse track and facilities.

The NSW Government and the ATC have signed an MOU on the potentially historic plan, which would be subject to the NSW Government’s unsolicited proposals process.

<h3>Enhancing transport links and boosting housing across the Sydney Metro West project</h3>

The Minns Labor government has also announced further work will also be considered to broaden the catchment of all Metro West stations with enhanced land transport links, like rapid buses to ensure that more communities will be able to benefit from this once-in-a-generation investment.

Sydney Metro has been tasked with preparing a rapid assessment to create new bus connections to broaden the catchment of the existing alignment.

This work will be subject to a future NSW Government investment decision, which would seek to have this infrastructure and services operational in time for first passenger services on Metro West.

The government will use the already legislated Housing and Productivity Contributions system to ensure some of the value created by government investments will fund future infrastructure.

NSW Premier Chris Minns said this project won’t just change the way people move around the city; it will now also provide the well-located homes for future generations to live in.

“Sydney Metro West is the biggest public transport project in the country. But we’re resetting Metro West to ensure it will be the city-shaping project it always should have been."

Transport Minister Jo Haylen said the&nbsp;review into Metro projects delivers Sydney an improved version of Metro West.

"It’s a new project for the whole of Sydney, building more housing and doubling rail capacity between the Parramatta and Sydney CBDs.

“It won’t just mean a new metro service, it means better train services for Western Sydney too, including in the outer west and Blue Mountains on the T1 Western line.

"Metro West will also cut crowding by 30% at stations like Strathfield, Redfern and Burwood.”

NSW Premier Chris Minns said this project won’t just change the way people move around the city; it will now also provide the well-located homes for future generations to live in.

Enhanced Sydney Metro to drive new housing supply

TOGA has secured 70 sales at its new Macquarie Park apartment development, Macquarie Rise, accounting for around 50 per cent of the first stage release.

Construction will begin in the second half of 2024 on the Herring Road development which will comprise three residential buildings, ranging from 12 to 14 levels with 265 apartments.

Allan Vidor AM, Managing Director at TOGA, said TOGA's long-standing commitment to creating quality developments and unique experiences has resonated strongly with buyers.

&nbsp;

“The sales success reflects the strong market demand for our high-quality, flexible apartments, as well as the trust in our ability to deliver exceptional living spaces," Vidor said.

"By accelerating the construction timeline, we are fast-tracking the supply of apartments into Macquarie Park, and the Sydney market."&nbsp;

[smartcode_project:default project_id=89243 project_image_fid=242695]

The development has attracted a diverse range of buyers, including owner-occupiers, first home buyers, families looking to upsize, and downsizers. Most of the buyers are locals, residing within a 10km radius of Macquarie Park, and are primarily interested in being close to amenity and transport.

The most popular product types have been the one and two-bedroom apartments with multi-purpose rooms, giving the opportunity for a study, music room or nursery, reflecting the market's evolving need for flexible living spaces.

[smartcode_project:default project_id=89243 project_image_fid=242700]

Macquarie Rise offers residents unparalleled access to Macquarie Centre, Macquarie University, Macquarie University train station and the upcoming Metro line due to open in 2024. The development is replete with exceptional lifestyle amenities, including a 20-metre lap pool, a club lounge with work and study areas, a pilates studio, gym, and cinema- karaoke room.

TOGA's General Manager of Sales, Anthony Falas, said the sales success reflects the exceptional design and amenity of the project, combined with a great location that’s connected to Macquarie Park and key transport hubs.

“Macquarie Park continues to show strong fundamentals for both investors and owner-occupiers with its vibrant community and thriving neighbourhood," Falas said.

Located at 122 Herring Road, Macquarie Park, the development will be delivered in partnership with Baptist Union NSW and Morling College with a value of $375 million and is expected to be completed by the end of 2026.&nbsp;

[smartcode_project_cta:default project_id=89243]

TOGA's General Manager of Sales, Anthony Falas, said the sales success reflects the exceptional design and amenity of the project

TOGA's Macquarie Rise apartment development sells 50% of first stage release

Homebuyers have a new reason to be confident about building quality in NSW with the official opening of Building Commission NSW this week, the state’s first ever dedicated building regulator.

From today Building Commission NSW, led by Commissioner David Chandler, will open its doors.

The newly established agency will lift the existing Office of the Building Commissioner out of NSW Fair Trading to give staff dedicated resources and a clear focus on the building sector.

Delivering a standalone regulator was a key election promise of the Minns Labor government, ensuring builders and the homes they construct in NSW are compliant, safe and durable.

The change means NSW will go from just 40 staff dedicated to enforcing quality and standards in the building industry to more than 400.

Funded by a $24 million down payment in the NSW Budget, Building Commission NSW will be a one stop shop for regulation, licensing and oversight of the sector.

While the NSW Government is committed to tackling the NSW housing supply crisis after over a decade of inaction, the government will not allow quantity of homes to come at the expense of quality.

This is another milestone in the work the NSW Government has already completed to lift standards across the industry, including:

<ul>
	<li>new laws to dramatically expand the Building Commissioner’s powers over freestanding residential homes.</li>
	<li>elevating the sector to cabinet level with the first ever Minister for Building.</li>
	<li>boosting the capacity of smaller builders to deliver quality medium-density housing through initiatives like BuiltIt NSW.</li>
</ul>

The recent completion of Parq Bexley marks&nbsp;the first building in Australia to be covered by Decennial Liability Insurance (DLI), a decade-long guarantee against serious defects.

Parq’s builder Urban Property has also announced that DLI will be rolled out across all future projects.

[smartcode_project:default project_id=29078 project_image_fid=216582]

Owners in buildings covered by DLI can make a claim to get defects repaired for up to a decade after completion, whether their builder is still operating or not.

NSW is the first state in the nation to offer decennial liability insurance and the NSW Government recently passed laws to encourage more builders to sign up and protect buyers.

“In recent years we’ve heard horror stories about defects in apartment buildings but we’re turning the tide with Building Commission NSW," NSW Premier Chris Minns said:

“The Building Commissioner has made a start restoring integrity, now we’ve given him the powers and resources he needs to get on with the job.”

Minister for Building Anoulack Chanthivong said the Building Commission NSW will turbocharge our work to restore trust and integrity in the building sector, while&nbsp;Building Commissioner David Chandler OAM says the Commission's team comprises amazing, talented and committed people.

“It will be my privilege to lead this next phase of delivering the trusted housing that the state's community desperately needs.

“When I started this work everyone was driving towards the bottom of quality, now we are all working towards the top and Urban Property is a great example.”

Funded by a $24 million down payment in the NSW Budget, Building Commission NSW will be a one stop shop for regulation, licensing and oversight of the sector

Building Commission NSW opens to ensure compliant new housing

The Minns Labor government has announced discussions have commenced with the Australian Turf Club (ATC) on a proposal to relocate Rosehill Race Course and build tens of thousands of new homes, surrounded by greenspace and a new Sydney Metro West station.

The proposal, which was brought to the NSW Government by the ATC, centres around the potential to build more than 25,000 new homes on the Rosehill Racecourse site. This would allow the government to explore the feasibility of a new Metro West Station at Rosehill.

The proposal will also turbocharge NSW’s world-class racing industry, securing its long-term future.

The NSW Government and the ATC have signed a memorandum of understanding (MOU) on the potentially historic plan, which would be subject to the NSW Government’s unsolicited proposals process.

<h2>Under the ATC’s proposal:</h2>

<ul>
	<li>A centre of excellence horse training facility at Horsley Park to accommodate the relocation of 300 to 400 horses from Rosehill Gardens stables.</li>
	<li>Warwick Farm redeveloped as a state-of-the-art racing, training, member and spectator facility.</li>
	<li>Several sites across Sydney will be earmarked and investigated for a new, world-class racecourse track and facilities.</li>
	<li>ATC retains and develops the Rosehill Gardens site for housing (potentially 25,000 homes), entertainment, green space and a new school.</li>
	<li>Funds from the development invested in racing, training and member and spectator facilities at all racing, training and stabling venues.</li>
	<li>The NSW Government explores the feasibility of a new metro station at Rosehill to deliver reliable public transport for the new Rosehill Gardens community.</li>
</ul>

We know that housing affordability and availability are at their lowest levels in decades, and we are facing the lowest rates of rental vacancies and a slowdown in building approvals and construction activity.

This is the biggest single pressure facing the people of NSW, with mortgage payments or rent the largest expense for most households.

The NSW Government is committed to building more housing in the right places, where people want to live – to improve affordability, reduce building and infrastructure costs and create thriving communities.

<h2>The unsolicited proposals process includes:</h2>

<ul>
	<li>Strong probity, conflict of interest and confidentiality arrangements, including the appointment of a probity adviser to advise, monitor and report at each stage of the assessment process.</li>
	<li>Prohibitions on the proponent lobbying ministers or officials on the proposal, with clear communication channels established.</li>
	<li>Clear assessment criteria, timeframes and a streamlined process for objectively assessing the proposal.</li>
</ul>

NSW Premier Chris Minns said this is a once-in-a-generation opportunity.

"The ATC sees this as a chance to secure the future of racing in NSW," Minns said.

“The government sees this as an opportunity to put its money where its mouth is and build more housing, close to transport links, with plenty of green space for new families.

“This is exactly the type of proposal my government has been talking about over the last 6 months.

“The fact is we have a housing crisis – we aren’t building enough homes. The more supply we have, the more we can drive down cost of living pressures, whether it’s for renters or those wanting to buy their own home.”

NSW Premier Chris Minns said this is a once-in-a-generation opportunity

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