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?

When Michael&nbsp;Pesochinsky co-founded PB &amp; Co. in 2018, his vision was a simple yet ambitious one, to create an unparalleled level of luxury never seen in the Australian property market.

While luxury is a subjective term, banded around the real estate industry like boutique, there's no denying what PB &amp; Co. have produced, and are looking to produce, doesn't fall under the luxury in anyone's eyes.

Their most recent project, Fifty Two Black, has elevated the status of luxury in Brighton, one of Melbourne's most affluent areas.

Recently catching up with Pesochinsky, he said that when the team were putting the plans together for 52 Black, they asked themselves the question: 'How do we create something of the absolute highest quality that hasn't been done before?'

They concluded that things like 3.3-metre high ceilings, Wolf and Sub Zero appliances, and 15 different types of stone and marble which took six months for artisans to craft, were some of the key inclusions in the project of just five apartments.

"Because we were targeting the ultra luxury downsizer market, who are looking at something like 52 Black as their true forever home, we needed to create something that they weren't accustom to seeing in the high-end downsizer space before,"&nbsp;Pesochinsky said.

<img alt="52 Black" data-entity-type="file" data-entity-uuid="965c0e07-60f9-4eb9-86de-bca4be543926" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-13%20at%203.13.41%20pm.png?VersionId=ddZTPp7Hs5OoYPtg2XUoq7D0.cJetpXN" />

Pesochinsky said that while a lot of other developers are looking at cutting costs to either make projects financially viable or to maximise profits, they decided to go the other way.

"We wanted to create something buyers would typically expect when building their own home.

"When you build your own home, particularly the affluent suburbs, a lot of the time you tend to over capitalize. We wanted to essentially take that headache away, and have these features all included in the sale price."

The project secured silver in the Melbourne Design Awards, and it's looking likely it will be a finalist in the 2023 Dezeen awards, the revered architecture, interiors and design magazine.

Pesochinsky decided to wait for the project to be finished to sell the apartments due to the stop start nature of construction, and therefore marketing campaigns, throughout the rolling COVID lockdowns.

And while stock at that end of the market takes longer to sell than more traditional newly completed stock given the price tag, the apartments are yielding around two and a half times the standard rental prices seen in Brighton.

Having completed high-end projects on Toorak's Clendon Road and East Melbourne's Jolimont Street, PB &amp; Co are off to Sydney in their next venture, a luxury project on the Harbour's edge.

They secured a prime waterfront site in Kurraba Point, in the Lower North Shore, three years ago.

"We felt at the time the market in Sydney was about to explode," Pesochinsky recalls.

"It was bubbling, and prices were rising, but subsequent to our purchase, prices escalated."

The decision was both economically driven, given the capital growth of the Sydney luxury market, and a personal one.

"If you're going to produce the best, you've got to be in the best location,"&nbsp;Pesochinsky said.

"To create a product that is at that pinnacle of luxury, you need to be in an appropriate location to sustain the prices it'll cost. We really wanted to get into that next level of quality and luxury, because that further's people's buying capacity."

PB &amp; Co. had renowned architect Koichi Takada put plans together for just 10 residences across the 4,200 sqm block&nbsp;in Kurraba Point, which slopes down to the water.

<img alt="Takada" data-entity-type="file" data-entity-uuid="7fc981b2-7244-4567-ae11-bab4d536f657" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-13%20at%203.07.11%20pm.png?VersionId=_7ltJaMYfqo4I3vep2rkpotkH8qElrkZ" />

Speaking on using Takada,&nbsp;Pesochinsky said that they wanted to make sure, if they were going into the Sydney market, they were going to go with someone who represents quality and luxury in design.

A conscious effort has gone in for the project to be highly sustainable. Not only has the project been designed carbon neutral, but it will operate carbon neutral too.&nbsp;

Takada said in the design statement submitted to the local council last November that the&nbsp;overall vision is for a transformative project which embodies the idea of ‘regenerative luxury,’ inspiring a zero-carbon lifestyle for it’s residents.

"This project will lead the way in the luxury housing market and support the New South Wales state government objective to achieve carbon neutrality by 2050."

<img alt="Takada" data-entity-type="file" data-entity-uuid="c4986dbc-ca27-4ed4-bc17-549da3062428" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-13%20at%203.07.18%20pm.png?VersionId=5Sbdi9gTzzbLGLMDIaR0chg_qo7B9x6W" />

Pesochinsky says that while Melbourne has a lot going for it, consistently named one of the most liveable cities in the world, it will never compete with Sydney in the luxury apartment space.

"The big difference between Melbourne and Sydney is that Melbourne doesn't have the views, that's what escalates the prices," Pesochinsky says.

"The landmarks in Sydney on the Harbour takes luxury to the next level. There's not too many places in the world that can match it."

Pesochinsky said that while $15 million plus in Melbourne would be a particularly high price paid for an apartment, it's "the norm" in Sydney.

PB &amp; Co. are hoping for development approval in Kurraba Point toward the end of 2023.

While luxury is a subjective term, banded around the real estate industry like boutique, there's no denying what PB & Co. have produced, and are looking to produce, doesn't fall under the luxury in anyone's eyes

How PB & Co. are redefining the luxury downsizer market: Five minutes with Michael Pesochinsky

Burwood, known for its established and leafy streets, is set to welcome a new architectural gem that reimagines modern living.

The charming suburb's newest project, McIntyre, developed by First Urban and designed by Embrace Architects, showcases a thoughtful approach to design, elevating the essentials of contemporary life, with oversized apartments inspired by nature and indulgent luxury.

The architects have crafted a modern interpretation of a tranquil, tree-lined neighbourhood, infusing McIntyre with a timeless style that incorporates texture, form, and light.

Spread across four levels, the development comprises 36 one, two, and three-bedroom apartments, as well as single-level penthouses, with the floorplans designed to optimise natural light.

[smartcode_project:default project_id=9120 project_image_fid=199281]

The architecture of McIntyre acknowledges its elevated position, seamlessly integrating with the natural landscape. The building ascends the gentle slope of the site, offering views and a strong connection to the outdoors, with cubed and rectilinear volumes forming the structure, blending harmoniously with the north-facing location.

The use of white concrete render-work cleverly frames and highlights the individual terraces and gardens, creating a play of light and shade. The façade's detailing, including glazed panels and timber and metal battens, further accentuates the interplay of light throughout the day.

Ground-level garden residences offer a unique connection to nature, while mid-level residences boast private outdoor terraces. The upper-level luxury penthouses provide a panoramic view of the surrounding greenery, including parkland and the Gardiners Creek Trail.

[smartcode_project:default project_id=9120 project_image_fid=199282]

The secure basement level ensures convenience with ample parking spaces, private storage, bicycle bays, and visitor parking, all accessible through secure stair and lift access to every level.

Embrace has carefully selected a refined palette of natural materials, including timber, Italian marble, and terrazzo stone, creating a sense of elegance throughout. The custom-designed joinery, finished in timber grain veneer or sleek 2pac surfaces, adds to the flow and visual appeal of the spaces.&nbsp;Built-in joinery can be found in select entryways, niche study zones in the living areas or master bedrooms, European or walk-in laundries, substantial full-length wardrobes in the bedrooms, and even smart walk-through robes in most master bedrooms.

[smartcode_project:default project_id=9120 project_image_fid=199288]

Open-plan living areas are bathed in natural light, with thoughtful inclusions that contribute to modern comfort and convenience. Timber floors lead to full-height glass sliders and glazed French doors, seamlessly merging indoor and outdoor spaces. Expansive glass windows allow sunlight to fill the interiors, framed by sleek black metal frames.

The attention to detail extends beyond the interiors, as the outdoor terrace and courtyard garden offer a peaceful retreat. Walls of greenery, mature trees, and open areas feature, while ample sunlight bathes the space. The outdoor areas serve as practical extensions of the living areas, providing room for outdoor furniture and fostering a sense of connection with nature.&nbsp;

[smartcode_project_cta:default project_id=9120]

The architects have crafted a modern interpretation of a tranquil, tree-lined neighbourhood, infusing McIntyre with a timeless style that incorporates texture, form, and light

Embrace Architects redefine modern living with McIntyre Residences in Burwood

<a href="/new-apartments/hornsby-nsw-2077">Hornsby</a>, once known as a quiet suburb on the outskirts of <a href="/new-apartments/sydney-nsw">Sydney</a>, has transformed into a thriving hub of urban culture.

The migration of the city's dining scene to the northern enclave has brought with it a delightful array of espresso bars, artisan bakeries, and bustling brasseries.

Whether you crave a freshly brewed coffee from your favourite barista, an alfresco breakfast at a buzzing local café, or a leisurely evening sipping cocktails in a cozy wine bar, <a href="/new-apartments/hornsby-nsw-2077">Hornsby has it all</a>.&nbsp;

[smartcode_project:default project_id=6784 project_image_fid=199389]

Nestled within this vibrant locale is L &amp; C Foundation's Linea, an address that seamlessly blends luxury and convenience, and with its prime location, residents of Linea enjoy a lifestyle that caters to their every need.

For those seeking retail therapy, the sprawling Westfield Hornsby is just a leisurely 350-metre stroll away. Here, a treasure trove of department stores, supermarkets, specialty shops, fashion boutiques, and cinemas await.&nbsp;

[smartcode_project:default project_id=6784 project_image_fid=199385]

Transportation is also a breeze for Linea residents. The train station, a mere 200 metres away, provides direct access to Wynyard Station in just over 40 minutes. The Pacific Highway, the main road link <a href="/new-apartments/sydney-nsw">to the CBD</a>, also <a href="/new-apartments/hornsby-nsw-2077">passes through Hornsby</a>, offering a convenient route for those who prefer to drive. For those seeking an even quicker journey, the entry to Sydney's M1 Motorway and NorthConnex is just five minutes away.

Education is another area where Hornsby excels. With abundant and highly regarded educational facilities nearby, Linea is an ideal choice for families, with childcare centres, primary schools, secondary schools, and TAFE institutions are all within easy reach.

[smartcode_project:default project_id=6784 project_image_fid=199388]

Private institutions such as Barker College, St Leo's Catholic College, Our Ladies of Rosary Catholic School, Abbotsleigh School for Girls, and Knox Grammar School offer excellent options for families seeking a private education. Public schools like Hornsby North Public School, Hornsby Public School, Hornsby South Public School, and Hornsby Heights Public School provide further choices for families looking for quality public education.

While the area has developed, nature is still aplenty, with the picturesque Ku-ring-gai Chase National Park within close proximity to Linea. Residents will also be near to the Hornsby Aquatic and Leisure Centre, while the Lisgar Gardens provide a tranquil oasis not too far away.&nbsp;

With over 130 parks, playgrounds, and gardens, there's no shortage of places to relax and unwind.&nbsp;

[smartcode_project_cta:default project_id=6784]

The migration of the city's dining scene to the northern enclave has brought with it a delightful array of espresso bars, artisan bakeries, and bustling brasseries

Linea, Hornsby: A vibrant location with an enviable lifestyle

In the vibrant landscape of north-west <a href="/new-apartments/sydney-nsw">Sydney</a>, a new urban village has re-envisioned modern living.

Greenland Australia's completed development, NBH at Lachlan's Line in <a href="/new-apartments/macquarie-park-nsw-2113">Macquarie Park</a>, offers 900 apartments spread across three towers designed by the architects at Bates Smart.

Soaring above a bustling town square, the development is located at the gateway to <a href="/new-apartments/macquarie-park-nsw-2113">Macquarie Park</a>, within the Lachlan's Line masterplan.&nbsp;

[smartcode_project:default project_id=5788 project_image_fid=95907]

Residents enjoy easy access to a range of amenities, including a supermarket, high-end and casual dining venues, a medical centre, a commercial gym, and an array of retail stores, including a dry cleaner, baker, florist, newsagent, and chemist.

The development's centrepiece, the 7,000 sqm Lachlan's Square Village, adds to its allure. Complete with an amphitheater and a childcare facility operated by Ryde Council, the vibrant communal space serves as the beating heart of the community.

Beyond the immediate surroundings, NBH at Lachlan's Line benefits from its position within the Macquarie Park employment corridor, Sydney's second-largest business hub. This bustling hub hosts some of the world's most innovative companies, such as Microsoft, Oracle, and 3M, earning the area the moniker of the harbour city's 'Silicon Valley'.

[smartcode_project:default project_id=5788 project_image_fid=95902]

Situated a mere 15 kilometres from the <a href="/new-apartments/sydney-nsw">Sydney CBD</a>, residents have convenient access to the city's cultural and economic offerings. Multiple transport options are within minutes' walk, including the North Ryde and Macquarie Park Metro stations, as well as Epping Road bus services.

One of Australia's top 10 universities, Macquarie University, is easily accessible within a 5-minute drive or via public transport.

In addition, major regional shopping centres such as Macquarie, Top Ryde, and <a href="/new-apartments/chatswood-nsw-2067">Chatswood</a> are just moments away, providing a wealth of retail opportunities.

Adjacent to the <a href="/new-apartments/lane-cove-nsw-2066">Lane Cove</a> National Park, residents can also immerse themselves in nature's beauty, while golf enthusiasts will appreciate the world-class <a href="/new-apartments/north-ryde-nsw-2113">North Ryde</a>, <a href="/new-apartments/chatswood-nsw-2067">Chatswood</a>, and Avondale golf courses located nearby.

[smartcode_project_cta:default project_id=5788]

Greenland Australia's completed development, NBH at Lachlan's Line, offers 900 apartments spread across three towers designed by the architects at Bates Smart.

NBH at Lachlan's Line: Urban living in Sydney's North West

A new townhouse development in <a href="/developments/wollstonecraft-nsw-2065">Wollstonecraft</a> on Sydney's Lower North Shore is expected to meet a large gap in the market for downsizers.

PBD Architects have put the plans together for a 10-townhouse development at 7-9 Selwyn Street, a 1,546 sqm site near the Wollstonecraft Train Station.&nbsp;

Each of the townhomes will have three-bedrooms across three levels, and a shared basement with parking for 16 cars.

Local agency Atlas provided advice on the project. They said there's a gap in the market for this type of product.

"Due to the nature of the area, there has been a shift over the past three years of local residents wanting to downsize but struggling to find the right accommodation, particularly older residents given most options in the area are limited to older homes with stairs or conservatively sized apartments," the submission by Atlas agent John Melville said.

<img alt="Selwyn" data-entity-type="file" data-entity-uuid="ff8409b9-cd68-4b5b-acce-566bce4c241f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-10%20at%201.59.05%20pm.png?VersionId=8ZkS632mzC5Hb8eoJ0DWEzkrYepuvQkZ" />

He said the team has seen a 42 per cent increase&nbsp;in enquiry for clients looking for three bedroom townhomes.

"We find most people looking to downsize find a three bedroom home as the most suitable option," he said, noting that they see this development as an opportunity to fill a gap in the market for townhouses with an internal lift, that will have a wide appeal to a range of different buyer dynamics, but largely will suit older residents looking for a suitable downsizing option that don’t want to live in an apartment.

Ray White Lower North Shore Principal Tim Abbott shared the sentiment, suggesting the proposal will be highly sought after because of the townhouse configurations with additional family rooms and studies, and the generous sizing which ranges from 170 sqm to 173 sqm internally.

"These sizeable spaces are highly desired and are rare to find," Abbott's submission read.

"There is a high level of demand for high-quality three bedroom residences with additional amenities within the Wollstonecraft area and surrounding suburbs, this is driven by strong levels of enquires. The demand for this product generally comes from a high net-worth demographic of an aging population who is struggling to secure sizable, low maintenance residences within the Wollstonecraft region, and are not yet ready to transition into apartment living."

<img alt="Selwyn" data-entity-type="file" data-entity-uuid="714489ba-4142-49cd-ac4e-3067ddf03c19" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-10%20at%201.59.55%20pm.png?VersionId=YR4Acq5HEXajwBAeyoxVq2AMm2KHs28o" />

He said much of the&nbsp;existing stock within the market is apartments, restrictive in size, and does not include high levels of specifications.

"A low supply of high-quality stock is seeing many locals relocate to neighbouring regions to meet their needs and expectations and this is highlighting a clear gap within the market."

Their comparable sales list of new three-bedroom townhouses showed that only&nbsp;one other development within Wollstonecraft, The Greenwood Collection by Metro Properties, offered high-quality three-bedroom residences. The rest were in surrounding suburbs <a href="/developments/crows-nest-nsw-2065">Crows Nest</a>, <a href="/developments/naremburn-nsw-2065">Naremburn</a>, <a href="/developments/willoughby-nsw-2068">Willoughby</a>, <a href="/developments/waverton-nsw-2060">Waverton</a>, and <a href="/developments/cremorne-nsw-2090">Cremorne</a>.

PBD said in their Design Verification Statement&nbsp;that the design&nbsp;of the development is focused on creating a cohesive and visually pleasing aesthetic that complements its surroundings.

<img alt="Selwyn" data-entity-type="file" data-entity-uuid="1124d9ea-ade3-4766-b699-9b12d0f96015" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-10%20at%201.59.38%20pm.png?VersionId=mZN44QXEyOEU2_cq3KivfBQqnmmC3c_k" />

"The use of natural materials and incorporation of greenery throughout the development creates a harmonious and inviting atmosphere.

"The design also takes advantage of the local climate to provide a comfortable and enjoyable living experience for residents.

They said the overall design ensures that visitors and residents feel welcomed and comfortable within a lush green environment, and the design&nbsp;takes into consideration current market demands and living patterns in the local area.&nbsp;

Each of the townhomes will have three-bedrooms across three levels, and a shared basement with parking for 16 cars

First look: Boutique Wollstonecraft townhouse development to meet market gap

Diversified Australian property developers Conquest have achieved success with their latest project, <a href="/buildings/la-luna-residences-23-george-street-burwood">La Luna Residences</a> in <a href="/developments/burwood-nsw-2134">Sydney's Burwood</a>.

Over 95 per cent of the <a href="/buildings/la-luna-residences-23-george-street-burwood">18-level George Street building</a> has sold. Just a handful of two-bedroom apartments remain, starting from $995,000.

Each of the remaining two-bedroom apartments spans 80 sqm and offers two bathrooms along with a convenient car space.

[smartcode_project:default project_id=6552 project_image_fid=209907]

Designed under the guidance of Luis La Pegna, La Luna boasts a sophisticated and elegant selection of materials throughout its architecture. Functionality takes centre stage in this development, as the open plan dining and living zones seamlessly flow onto main balconies, allowing residents to enjoy breathtaking views of the city skyline and CBD.

“We design our apartments as if we were living in them ourselves - l’art de vivre,” said La Pegna.

“We’ve selected the fixtures, fittings and finishes we aspire for in our home. The floorplans are designed with easy living in mind, and a layout is created that is functional and elegant, and even more, appealing to the contemporary buyer.”

The apartments at La Luna Residences also prioritise practicality, incorporating internal laundries that are concealed and inbuilt to maximise space. Additionally, linen storage and study spaces are thoughtfully provided to enhance residents' daily living experience.

[smartcode_project:default project_id=6552 project_image_fid=202005]

“The sites and locations are optimal. The floor plans are thoughtfully planned to maximise light, views, and functionality,” La Pegna added.&nbsp;

“The Conquest™ attention to detail is apparent; from the distinctive facades, colours and glass, to the custom fixtures, hardware, stone, metals and interior design work, to the welcoming lobbies. These are properties that will be appreciated by generations to come.”&nbsp;

Situated in the heart of <a href="/developments/burwood-nsw-2134">Burwood</a>, La Luna Residences benefit from their proximity to the diverse cultural offerings for which the inner-city suburb is renowned.

[smartcode_project:default project_id=6552 project_image_fid=202004]

With convenient walk-through access to the retail options available at Westfield Shopping Centre, residents can easily indulge in shopping sprees or enjoy a variety of dining experiences. Moreover, La Luna is located on the cusp of Burwood's vibrant restaurant district, which includes the famous Burwood Chinatown and Crowne Plaza Sydney Burwood.

The location of La Luna Residences ensures that transportation is a breeze for its residents. Burwood Train Station, located within a mere 250 metres, provides seamless commuting options into the city, which is 12 kilometres away. Residents will soon also benefit from the upcoming construction of the proposed Burwood Metro Station, which will be just a short stroll away from La Luna.

[smartcode_project_cta:default project_id=6552]&nbsp;

Over 95 per cent of the 18-level George Street building has sold

Buyer handbook: A buyer's guide to Conquest's Burwood apartment development, La Luna

A new development in Byron Bay is hoping to create a new blue-print for all future mixed-use developments in the <a href="/developments/byron-bay-nsw-2481">Byron Shire Council</a>.

The new three-level project at 9 Marvell Street, near a number of cafes, restaurants, and the <a href="/developments/byron-bay-nsw-2481">Byron Bay</a> Bowling Club, will have a mix of eight three and four-bedroom apartments above ground floor commercial tenancies, and a resident-only rooftop with swimming pool and barbecue deck.

Australian research lab Finding Infinity prepared a&nbsp;Design Excellence Report - Sustainability, for the project, stating is has the potential to "offer better experience."

"This project is an opportunity for leadership - to create an example that makes it easy for everyone else to follow," the Report read.

The Report said it can be a place that’s easy for residents to have a positive environmental impact, calling it a "finely tuned machine."

"A building that is built cost-effectively and is high performance with a positive impact. It functions simply, and has ultra-low operating costs. It’s easy to maintain and run. Spaces are comfortable and the community thrives. A zero-carbon operational building."

They said the building could reach&nbsp;the environmental-financial threshold, where every profitable initiative is implemented, improving both the environmental and financial performance of the project.

<img alt="Byron" data-entity-type="file" data-entity-uuid="3a132943-252d-41dc-afda-b6ec0c863882" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-07%20at%2011.55.11%20am.png?VersionId=0HWkwOCF5tXlvgdqdp5Bpf69Vdl30y1E" />

The 1,013 sqm site, currently home to the Byron Bay Dive Centre, has been owned by local businessman Perry Bartholomew, who is the Dive Centre's Managing Director, since 2009, when it was bought for $2,275,000.

<a href="/architects/harley-graham-architects">Harley Graham Architects</a>, who also designed <a href="/new-apartments/bohemian-90-96-jonson-street-byron-bay">The Bohemian</a> for <a href="/developers/luxcon-group">Luxcon Group</a>,&nbsp;put the plans together for the $12 million development. The average apartment size is 140 sqm.

There will be EV charging facilities in one car share space in the building, however provisions are proposed for an additional eight charging spaces to meet future demand.

Finding Infinity's Report said that it is predicted that by 2035, 50 per ent of new car sales in Australia will be electric.

Research done for the City of Sydney showed that 81 per cent of residents were in favour of installing EV charging.

<h2>Sustainability initiatives</h2>

<ul>
	<li>High performance facade and considered orientation</li>
	<li>Mixed Mode Ventilation</li>
	<li>Efficient lighting, appliances, equipment, and HVAC systems</li>
	<li>100% electric, no gas connection</li>
	<li>Heat pump DHW</li>
	<li>Rooftop Solar PV</li>
	<li>Imported GreenPower</li>
	<li>EV charging and future-proofing</li>
	<li>Smart controls and apartment kill switches</li>
	<li>Efficient water fittings and fixtures</li>
	<li>Rainwater collection and reuse</li>
	<li>Recycled water connection</li>
	<li>Zero-waste tenancy agreements</li>
	<li>E-water systems</li>
	<li>Organic waste separation</li>
	<li>Non Toxic Construction</li>
</ul>

&nbsp;

Australian research lab Finding Infinity prepared a Design Excellence Report - Sustainability, for the project, stating is has the potential to "offer better experience."

First look: Mixed-use development to reinvent sustainability in Byron Bay

Mike Bird: We're here at the Hyde Metropolitan by Deicorp. I'm here with CBRE managing director for CBRE Residential Projects, Dave Milton. Well, look, we're doing something a bit different today, we've taken requests from buyers in terms of the hard questions that they want to know about the project, so we're going to ask you those and really provide them the opportunity to kind of have a real good look at what are the drivers, what are the things that they should be thinking about. So we'll get started, yeah?

David Milton: Definitely. You are aware I'm a little bit biased because I think this will be one of the preeminent Sydney residential development on this southern end of Hyde Park in the future.

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MB: So, for those buyers that are thinking about right now, should they buy an established apartment maybe in the broader area, you know, what would you say to them as the kind of advantage of this project as opposed to that?

DM: Well, I think there's a lot of advantages to this project in the design, style, the apartments, and the views. But it often comes down to the buyer, whether they're needing to move now or it's a future move. New design often brings better design, new initiatives, better IT, better security, more functionality.

And, you know, I'd say to a lot of buyers, if you're going to be living in the city for some time, waiting a small time to get what you want is really more often worth it than compromising on a decision to buy now.

[smartcode_project:default project_id=21809 project_image_fid=215728]

MB: And so with that in mind, we look back over the past couple years, it's been a bit of a rocky time for the property market from a pricing standpoint. You know, what would you say to buyers that are thinking about that, uncertain about the interest rates and looking forward?

DM: In terms of the opportunity now, I think we're starting to see change in the market already. We're set by sentiment. You know, we've had all the banks out forecasting price growth, which is in a real turnaround. And I'll say all property pundits and researchers saying the market's changing.

We've got an acute shortage of property. Building costs have risen substantially and still rising, and that hasn't fed through yet into asking prices. So if you sort of said, "What's the time to buy?" It probably is right now, where interest rates are nearly at their peak or at their peak predicted. Then to follow a stabilization, they'll come down. Building prices will continue to rise, and today you can, if you're bought here, you're locking in on today's price, and you're not settling for three and a half years, four years. So the market in four years is going to be very different, particularly with 975,000 new immigrants expected to arrive in that time in Australia.

MB: It's a crazy amount of people coming into the country. Clearly, we've got a supply shortage with not enough projects coming to market.

DM: An enormous supply, like all the stats are, I don't know where people are going to be housed, and there's a big push back to city living. People want the convenience. And so you're starting to see the market where we're getting more and more demand in areas where really, where there's very tight supply.

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MB: The obviously the project is high spec, high-end design, all the rest of it, but Liverpool Street isn't often known as kind of one of those real prestigious streets. You know, what do you think about that?

DM: I think it's overlooked there, and I think it is really a prestigious address. You've got Tech Central now with the development of the Atlassian building and a lot of other high-rise commercial that's going to go in there. That's over 20 hectares being developed there, and that's a few hundred meters away. You're right, you're very close to the city center, David Jones Center, shopping center, but you're on Hyde Park. And if you look at Liverpool Street and the developments, the residential developments that have taken place, they're the most tightly held, and buyers love it here.

We've had buyers that we originally sold to in the residence buy in here. We've had buyers that have bought in here that are renting next door. And without a doubt, it will become a more and more prestigious address and more tightly held.

MB: With the park, obviously, like a huge value add for the project overall, you know, if I was a buyer, one of the things I'd be worried about is getting my view blocked out over time. You know, what would you say to a buyer who also shares my concern with that?

DM: That's one of the beauties of this site. There's the high plain of Elizabeth Street, which is where this building looks over, is governed by the sun plane, allowing winter sun onto the park. So it's not an arbitrary council control. It's locked in stone. So as the sun starts to set in the east, it'll change. But while the sun sets in the west, that is the high plane locked in.

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MB: How does that work? So the government, the council can't change the rules. Why would they make it like that?

DM: Well, you want the sun on Hyde Park, so the grass grows. Fair enough. You know, that's why it is. It's about amenity, and what happens in most councils, buildings can't be overshadowing parks because it takes away from the amenity and the ability for the park to survive.

I might also add there's going to be a further shortage of residential accommodation in the city, and this is one of the last developments we approved under the previous planning codes. Council has now put in place controls restricting or reducing the buildable area on sites where they're residential sites. So basically, proving up the value as commercial use is not residential. So what it means is when developers are looking at sites, there'll be more commercial buildings and less residential.

MB: If it was one of your family members looking to buy and downsizing into an apartment, looking to buy it off the plan, what would you say to them and what tips would you give them?

DM: It's a really great question because you talk about downsizers and the words now moved to empty nesters and right-sizers. So often what we're getting is people moving out of their family home, wanting a large apartment that replicates a lot of their lifestyle within that home but without the maintenance and with more convenience. So you've got downsizers moving into something smaller.

And so often, they think about what's the critical things that they need. They're often looking to save some money to invest somewhere else, buy a country farm or a coastal property. You've got right-sizers that are saying, "Well, we like the size of our house, and we want that type of space." So they look at larger apartments.

You've got retirees again with different needs. I think developers are so much more aware of the nuances of the different markets that they're providing all of the needs those buyers want, like additional storage, larger rooms. Apartments that were previously often criticized for being small or not being adequate in what they provide for a homeowner, we've now got generous robes, larger bathrooms, kitchens that are really functional.

A number of apartments will have a Butler's kitchen. So there's been enormous more focus on design to meet that market's requirements. And then they buy. What they should be doing is doing research on who the developer is&nbsp;

[smartcode_project:default project_id=21809 project_image_fid=215731]

In terms of investors, we emphasize the importance of researching the developer's track record and their capacity to deliver on their promises. We advise investors to look into the developer's past experience, their capability, and whether they have built similar projects before. This information should be readily available and easily accessible. If a developer cannot provide this information, it's advisable to be cautious and wary.

For investors, similar to owner-occupiers, it's essential to consider the same factors such as the developer's track record, their capacity to deliver, and the quality of the apartment. In addition to these factors, investors should also focus on the proximity of the property to good transport solutions. Properties near convenient transportation options tend to have higher rental returns and attract tenants more easily.

It's important for investors to understand that the best time to buy is often now. There is a shortage of available properties, and building costs have increased substantially, which will eventually impact sale prices. Moreover, with a significant influx of immigrants expected and predicted decline in interest rates, buying now can lead to higher rental returns in the future and allow investors to enter the market before prices rise further.

Overall, investors should conduct thorough research on the developer, consider the property's location and convenience, and take advantage of the current market conditions to make informed investment decisions.

[smartcode_project_cta:default project_id=21809]

"This will be one of the preeminent Sydney residential development on this southern end of Hyde Park." 
Urban CEO Mike Bird & CBRE's David Milton discuss Hyde Metropolitan, Sydney's newest landmark tower.

Why should you buy a new apartment at Sydney's Hyde Metropolitan?

Casuarina, a quiet suburb on the fringe of New South Wales and Queensland in the Tweed Shire, was long a quiet neighbour to the more well known Kingscliff.

It was popular for weekenders from Brisbane and the Gold Coast, and holiday homes for those further afield in Sydney, as well as retirees and families.

Large houses make up the majority of the residential spread, but new opportunities on undeveloped land has seen apartment developers descend on the coastal suburb.

Holm Developments and joint venture partner&nbsp;DeMartini Fletcher put it on the map in the off the plan apartment market when they announced PAMA, their 47 apartment project on Grand Parade, in 2021.

Last year Brisbane-based Azure Developments <a href="/news/nsw/azure-to-venture-to-nsw-with-subtropical-apartment-and-townhouse-development-in-casuarina">filed for a 91-dwelling coastal resort</a> with both apartments and terrace homes on the same street.

<img alt="Azure" data-entity-type="file" data-entity-uuid="99fd63ef-12e5-4d00-80c7-525265a39109" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-07%20at%209.16.09%20am.png?VersionId=g5IeNYxKGoon42_mKfGfi3fDbgzwSyqf" />Azure's plans for their Grand Parade site. Image supplied

Now Clarence Property has listed one of the last undeveloped beachside sites through CBRE, who is expecting interest from both Australian and offshore developers.

The one hectare offering, split into five lots of land, is also on Grand Parade, just 100 metres to the beach.&nbsp;

The five sites range from 1283 sqm to 2,482 sqm offering a combined total of up to 9,663 sqm, with access from and frontages to Grand Parade, Candlenut Street, Black Wattle Circuit, Habitat Drive and Blue Horizon Drive. They're being sold either separately or in one line.

Holm and DeMartini Fletcher paid $8.69 million for their 4,083 sqm PAMA site in late 2021, while Azure spent nearly $21 million on their larger 7,354 sqm site around the same time.

Over 70 per cent of the 47 apartments in PAMA have sold. The project is now under construction through Hutchies.

[smartcode_project:default project_id=112236 project_image_fid=202262]

CBRE Gold Coast managing director Mark Witheriff and associate director Daniel Doran, together with Colliers director of development sites Brendan Hogan and Gold Coast director-in-charge Steven King, are marketing the sites in an expressions-of-interest campaign closing on August 16.

Witheriff said he expected a bevy of premium residential and mixed-use developers to run the rule over the sites which are approved for a mix of three and four storey developments up to 13.6 metres in height.

“This is an unprecedented opportunity to deliver a landmark mixed-use promenade precinct close to the beach offering unimpeded ocean views from the upper levels within one of the most sought- after coastal communities in the country,” Witheriff said.

“The approved Casuarina Beach Town Centre plan permits a broad range of uses including shop-top housing with ground level commercial, medical and retail spaces fronting Grand Parade as well as three-storey residential-only boutique apartments.

Colliers agent Brendan Hogan said the range of convenience amenities in walking distance, including the thriving Coles- anchored Casuarina Village as well as The Commons retail and dining precinct, strengthened the appeal of the final precinct of Casuarina Beach.

<img alt="Casuarina" data-entity-type="file" data-entity-uuid="98f0f740-8c65-4f36-826d-0e8215eba8af" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-06%20at%203.32.41%20pm.png?VersionId=C6HP9sANS_QGuNbl53gf3vBEhBV7._eV" />The five beachside lots. Image supplied

“It’s not just the Casuarina Beach community that has come along in leaps and bounds in recent years but the wider region as well, with more than $1 billion in major infrastructure projects adding to its transformation,” Mr Hogan said.

“Casuarina Beach is just a five-minute drive from the new $723 million Tweed Valley Hospital nearing completion and due to open early next year and under 20 minutes’ drive to Gold Coast International Airport, which recently underwent a $260 million terminal expansion.

“The region is playing host to a massive amount of investment which is underpinning strong population growth and sustained long-term growth in property values.”

They are located within the Casuarina Beach Town Centre, which enjoys NSW State Government concept plan and project approval, which details the applicable built form and land use provisions permitted.

Large houses make up the majority of the residential spread, but new opportunities on undeveloped land has seen apartment developers descend on the coastal suburb

More off the plan apartments slated for prime Casuarina Beach development site

The Roche Group is trying again for its prime Lilyfield site on the fringe of Rozelle opposite Callan Park.

The Double Bay-based developer has submitted plans for a mixed-use development on their large 6,824 sqm site at&nbsp;469-483 Balmain Road. They're seeking to build 89 apartments, 6,000 sqm of flexible employment space, and 1,200 sqm reserved for creative purposes.

Five percent of the apartments will be reserved for affordable housing.

Part of the application is to develop&nbsp;a publicly accessible square named Bakers Square behind the old bakery building.

The Urban Design Report prepared by architecture firm Chrofi said the vision of the project is to radically improve the industrial employment offer, revitalise and develop the existing local artistic community within the site, and to establish new opportunities for urban living in Sydney.

<img alt="Roche" data-entity-type="file" data-entity-uuid="c3409098-bffb-4e0c-8040-8e7dfa8ac8ba" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-06%20at%201.25.37%20pm.png?VersionId=_2Zp2ydNRFYmTIMw9Ihl9d7BIJsYc7ge" />

"The proposal will feature a dynamic and unique precinct that leverages the interaction of new and old buildings while combining a variety of employment and residential uses on a large and currently underutilised site in single ownership.

"At the core of this new community will be a vibrant mix of artists, start-ups, independent market traders, creative industries, and residents that enjoy an urban lifestyle."

They said the&nbsp;outcome will be an engaging blend of residential and industrial spaces that fosters a community where people can live, work and recreate in close proximity.

There are six residential buildings proposed, which will home&nbsp;22 studio apartments,&nbsp;40 two-bedroom apartments, and 27 three-bedroom units.

<img alt="Roche" data-entity-type="file" data-entity-uuid="b687acf1-b770-4c8b-a48a-c179e9a5de47" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Roche%20Lilyfield.jpg?VersionId=NpQOWKcrSMIv37mrzjNkW8Yu9.KgpgK1" />Clockwise from bottom left; Residential buildings A &amp; B;&nbsp;Residential buildings A &amp; B; Residential building C; Residential buildings D,E and F. Image credit: Chrofi

Chrofi described buildings A and B as "two-of-a-kind designed to be seen in composition with the Super Shed."

"These two buildings are detailed in steel to reference industrial materiality."

The Super Shed is the part of the refinement of the initial proposal, which has been amended since the Roche Groiup initially submitted plans back in 2016.

"The design now features a ‘Super Shed’ and a ‘Small Shed’ to compliment the retained Character Buildings with each building being carefully articulated to ensure all tenancies have good access to outlook, daylight, and ventilation," CHROFI noted in their submission.

"The Super Shed provides large floor plates over three levels interconnected with a central atrium. This organising spine provides access and egress if spaces are subdivided into smaller tenancies in the future, while at the same time, giving the building a campus feel that will contribute a collegiate culture for tenants within the building and broader precinct.

"The Small Shed and retained Character Buildings each provide floor space over 2-levels providing a range of spaces for smaller scale businesses. These buildings are grouped and connected by bridges to further promote a precinct/campus sensibility to the Proposal."

<img alt="Roche" data-entity-type="file" data-entity-uuid="5185ea3d-81a8-4f0c-bf89-1f85a2a9cf85" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-06%20at%201.25.52%20pm.png?VersionId=ewfMDV3tiV0yugPA6G_Vv1XZ1bruOdAD" /> 
The 1,314 sqm of public domain space. Image credit: CHROFI

Part of the development will be keeping the buildings that were built in the early 1900's for the Pilchers Bakery Company. There were identified by the Inner West Council as 'character buildings'.

"The character buildings represent the earliest construction phase and comprise two-storeyed face brickwork structures with timber framed interiors and trussed gabled roofs," a heritage impact statement by NBRS stated.

It added however that much of the physical fabric is heavily modified from its original configuration and the site shows evidence of several periods of unrelated growth and redevelopment.

They've proposed a mixed-use development on the 6,824 sqm site at 469-483 Balmain Road, comprising 89 apartments, 6,000 sqm of flexible employment space, and 1,200 sqm reserved for creative purposes.


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