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?

National property group Traders in Purple has topped out <a href="/new-apartments/northsea-15-19-crown-street-wollongong">Northsea</a>, the <a href="/new-apartments/wollongong-nsw-2500">Wollongong apartment development</a> they've been working on with the&nbsp;NSW Land and Housing Corporation and community housing provider Housing Trust to help bridge the gap in affordable housing.

Sold out earlier this month, <a href="/new-apartments/northsea-15-19-crown-street-wollongong">Northsea</a> integrates&nbsp;affordable rental and privately owned apartments in a single building, a deliberate move to provide more equitable access to secure quality housing.

Due for completion in mid-2024, <a href="/new-apartments/northsea-15-19-crown-street-wollongong">Northsea</a> rises 13 storeys overlooking Wollongong’s beaches and consists of 38 two and three-bedroom private apartments, 18 apartments for Land and Housing Corporation and nine&nbsp;for Housing Trust, dedicated to affordable housing.

<img alt="Northsea" data-entity-type="file" data-entity-uuid="37ed2e0e-e99d-4808-9afd-544ba065fe7a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-19%20at%208.53.50%20am.png?VersionId=hO_eVtcjwtB0gLR6wZ9SxthHbSkNtY._" />

The 65 new homes will relieve some of the housing pressure in <a href="/new-apartments/wollongong-nsw-2500">Wollongong</a>, where vacancy rates remain stubbornly below one per cent, but barely puts a dent in the shortfall of houses. The housing shortage is affecting the local economy where a recent survey revealed 93 per cent of businesses were suffering workforce shortages which 43 per cent attributed to the lack of affordable housing.

The survey also found that the rising cost of private rental housing meant key workers were paying 40 per cent of their income on rent.

Traders In Purple Director Charles Daoud, a passionate advocate for increasing the supply of community housing, said the lack of affordable homes risked undermining the fabric of Australian communities.

“People who are couch surfing, eking out an existence on inadequate retirement savings or trying to raise a family while paying half their income in rent, deserve better in a country like Australia,” Daoud said.

“Many of these people are key workers carrying out essential but often low paid jobs.

“The public private partnership behind <a href="/new-apartments/northsea-15-19-crown-street-wollongong">Northsea</a> gives hope to people who have a valuable contribution to make but are hindered by the costs or unavailability of a decent, affordable home. Local businesses are hurting too because the workers they need to operate at full capacity cannot find an affordable place to live.”

<img alt="Northsea" data-entity-type="file" data-entity-uuid="582d6f9d-9a5e-4002-88d0-2c801bb4e927" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-19%20at%208.54.03%20am.png?VersionId=rgWZgklvZndKE3bE3ONsMpuFuhnvQPNL" />

Daoud said the proposition to integrate private and community housing in a single building was considered by many as posing a risk to the marketability of the private dwellings.

“Contrary to many expectations purchasers were comfortable about living with community housing tenants once they understood their neighbours would be people just like them,” said Daoud.

<a href="/new-apartments/northsea-15-19-crown-street-wollongong">Northsea</a>&nbsp;was 85 per cent sold before construction commenced and completely sold out before the topping out.

Daoud says he wants&nbsp;the industry and politicians of all stripes to take notice of the success of Northsea.

"This is the blueprint for dealing with the current housing crisis, with a financial model that works and a social return that is beyond calculation.”

NSW Land and Housing Corporation&nbsp;Chief Executive Michael Wheatley reiterated the role of partnerships in addressing the urgent need for additional housing.

“The housing crisis is real and growing, and it’s only through innovative partnerships like this one, which leverages the expertise of the community housing sector that we’re able to deliver much needed housing sooner,” Wheatley said.

Traders in Purple has over $3 billion of projects under construction or in planning across NSW, Queensland and Tasmania. It is delivering five projects in partnership with NSW Land and Housing Corporation, including Canvas, the largest land subdivision currently in market in metropolitan Sydney.

Traders recently <a href="/news/qld/first-look-traders-in-purple-secure-approval-for-woody-point-apartment-development-on-former-palace-hotel-site">secured approval for a Woody Point apartment development</a>, on the site of the former Palace Hotel.

Charles Daoud says he wants the industry and politicians of all stripes to take notice of the success of Northsea

Traders in Purple top out Northsea Wollongong with mix of affordable and private apartments

Sekisui House is expanding into Castle Hill with a new site acquisition for its premium home building brand, SHAWOOD.

They've secured a 1.2-hectare site at&nbsp;2 McIntyre Place, where they intend to develop 16 detached homes each on 700 sqm which they will start construction on in mid-2024.

The acquisition comes off the back of continued growth for Sekisui House Australia, with the business recently announcing 10 acquired parcels of land across Sydney, NSW.&nbsp;

Sean Osawa, CEO of Residential Communities and Home Building at Sekisui House Australia, said the expansion into Castle Hill represents a key milestone in our growth journey across New South Wales.

"This project, like our other communities, is set to meet our high standards of innovation, design and sustainability but also resonate deeply with the local community."

The development is strategically located in a leafy area of Castle Hill and offers&nbsp;one of the last in-fill sites in the area.

<img alt="Sekisui Castle Hill" data-entity-type="file" data-entity-uuid="3805198f-2faf-492f-a710-05b8d6aa70d4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-18%20at%2012.20.20%20pm.png?VersionId=Qcao3paqY45JLXdQsk.UxRXVQEMuCD28" />

"At Castle Hill, our vision extends beyond constructing homes. We aim to cultivate a living environment that reflects the aspirations of our residents, enhancing the local community fabric," Osawa added.

"Each SHAWOOD home will be custom designed for the site, demonstrating the highest quality workmanship and curated Smart Home and sustainability inclusions."

The project&nbsp;is expected to draw significant interest due to its proximity to key infrastructure in The Hills Shire, including North Connex, the Metro North-West, arterial freeways to Sydney’s CBD, Castle Hill Towers shopping precinct, and educational facilities.

The development's strategic location, offering easy access to the city via the Castle Hill Metro Station and major roads.

Sean Osawa, CEO of Residential Communities and Home Building at Sekisui House Australia, said the expansion into Castle Hill represents a key milestone in our growth journey across New South Wales

Sekisui House Australia secure Castle Hill land site for townhouse development

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

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