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?

On July 1, concessions changed for first home buyers in New South Wales.&nbsp;

First home buyers now won't be subject to stamp duty on any property under $800,000, considerably higher than the $650,000 cap previously.

Concessions will also be applicable to properties worth up to $1 million, up from the previous limit of $800,000.

The NSW government estimates that around 84 per cent of first home buyers will benefit from the reforms, paying either a reduced rate or no stamp duty at all.

It's estimated that a first home buyer purchasing an $800,000 property will save up to $31,090 under the new rules.

We've put together a list of the best apartments where first home buyers can benefit from the new stamp duty reforms.

<h2>Project: The Grand</h2>

<h2>Suburb: Gosford</h2>

<h2>Developer TQM &amp; Ace Property</h2>

<h2>Price: Two-bedrooms from $717,500</h2>

Prospective buyers at The Grand, the new Gosford development by TQM and Ace Property Group, can pay no stamp duty for the two-bedroom apartments, which started from $717,500.

The Kann Finch-designed tower achieved over $25 million in sales over the official launch weekend last month.

[smartcode_project:default project_id=22753 project_image_fid=210668]

Situated on Gosford's Mann Street, the project offers one of the most desirable locations for apartment seekers across the entire Central Coast.

The 18-level tower will home 138 apartments, set above a podium which will feature a striking infinity pool and landscaped garden.

[smartcode_project:default project_id=22753 project_image_fid=210686]

The development will also activate the street level. At the base of the tower will be a number of food and beverage establishments.

<h2>Project: Spring Square by Poly</h2>

<h2>Suburb: Bankstown</h2>

<h2>Developer: Poly Global</h2>

<h2>Price: Two-bedrooms from $705,800</h2>

Spring Square by Poly, which is slated for completion later this year, also has two-bedroom apartments for under the $800,000 stamp duty threshold. Their two-bedroom apartments start from $705,850, with the one-bed units priced from $429,400.

Developer Poly Global just announced the launch of a new tower in the development, which will provide additional housing options to the Bankstown area.&nbsp;

[smartcode_project:default project_id=7054 project_image_fid=47637]

Expressions of interest are being taken in what will be the third building in the burgeoning project, which is set to be one of the most sought-after buildings given it is north-facing and oriented toward the park.

Poly Global are also offering buyers a five per cent discount on the retail pricing for all apartments in Spring Square, making it even easier for first home buyers to enter the market.

[smartcode_project:default project_id=7054 project_image_fid=47627]

Drawing inspiration from Bankstown's rich history, Spring Square aims to deliver an enriched urban neighbourhood experience that extends far beyond the four walls of an apartment.

Upon completion, the entire development will be home to five residential buildings, with each boasting a range of modern and varied living options, including one, two and three-bedroom floorplans.&nbsp;

[smartcode_project:default project_id=7054 project_image_fid=47633]

Future residents will benefit from a suite of amenity right on their doorstep, including childcare facilities, health services, and a range of communal spaces, with interconnecting walkways and green parks.&nbsp;

<h2>Project: Hills Showground Village</h2>

<h2>Suburb: Castle Hill</h2>

<h2>Developer: Deicorp</h2>

<h2>Price: One-bedrooms from $625,000</h2>

Over 200 apartments are on offer in Deicorp's Hills Showground Village that benefit from the New South Wales Government's stamp duty reforms.&nbsp;

The one-bedroom apartments begin from $625,000, with one-bedders plus a study space priced from&nbsp;$650,000.&nbsp;

[smartcode_project:default project_id=133881 project_image_fid=209816]

Due to popular demand, the group has only recently released a new collection of apartments in the development, with all designed by Turner Studio.&nbsp;

The apartments boast high-quality appliances, including a SMEG oven, gas cooktop and microwave, coupled with open plan living and dining areas which extend to generously-sized balconies that take in views over the leafy surroundings.&nbsp;

Residents will be afforded with never-to-be-built-out views as they sit adjacent to the new Showground precinct, with the picturesque surroundings complemented by landscaped native gardens and green spaces.

[smartcode_project:default project_id=133881 project_image_fid=209805]

The Hills Showground Village will also offer an array of communal facilities and amenities that cater to residents' every need, from barbecue areas to dining and entertainment facilities.&nbsp;

The convenience of everyday essentials is within arm's reach, with the Hills Showground Village to boast a full-line supermarket, along with 30 speciality retail outlets.&nbsp;

<h2>Project: Tallawong Village</h2>

<h2>Suburb: Rouse Hill</h2>

<h2>Developer: Deicorp</h2>

<h2>Price: Two-bedrooms from $655,000</h2>

There's a number of apartments in Deicorp's $670 million Tallawong Village that are exempt from stamp duty costs.&nbsp;

First home buyers can pick up a two-bedroom apartment from $655,000, well under the $800,000 cap. There's also a range of one-bedroom and one-bedroom plus study space apartments which don't require buyers to pay stamp duty.&nbsp;

[smartcode_project:default project_id=106821 project_image_fid=169991]

Tallawong Village is the group's largest north-west development, delivering a collection of one, two and three-bedroom apartments, the varying floorplans are targeting the owner-occupier market, along with investors with a keen eye for the developing market.&nbsp;

The Turner Studio-designed apartments have been a popular option among buyers, with new stages in the development brought forward due to the strong demand experienced so far.&nbsp;

Internally, the living and dining spaces lead to open-air terraces and balconies, with the apartments featuring warm carpets, engineered timber floorboards and contemporary floor tiles throughout.

[smartcode_project:default project_id=106821 project_image_fid=169998]

Situated on the doorstep of the Sydney Metro Tallawong Station, Tallawong Village boasts unparalleled connectivity, with existing access to the Sydney CBD, and plans already underway to connect Tallawong to the future Western Sydney International Airport.

The village will also benefit from the planned future Tallawong Town Centre, which will deliver up to 30,000 sqm of retail floorspace, while the bustling Rouse Hill Town Centre is just one stop away on the Metro.&nbsp;

<h2>Project: Downtown Zetland</h2>

<h2>Suburb: Zetland</h2>

<h2>Developer: Deicorp</h2>

<h2>Price: One-bedrooms from $758,000</h2>

First home buyers aren't just benefitting from Deicorp across Sydney's northwest growth corridor. The group are also currently underway with works at their inner-city Green Square project, Downtown Zetland.&nbsp;

One-bedroom apartments fall below the now $800,000 stamp duty cap, priced from $723,500. Studio apartments can also be snapped up with zero stamp duty costs. They are priced at $520,000.

[smartcode_project:default project_id=7106 project_image_fid=152670]

Occupying a prime location at 106-116 Epsom Road, Downtown encompasses four distinct buildings, housing a total of 437 apartments, designed in a collaborative effort between renowned architectural firms MHNDU and BVN Architects.

An inviting connection between indoor and outdoor living spaces is seamlessly achieved through private balconies, cleverly positioned as additional areas for entertainment, while the kitchens boast high-quality SMEG appliances.&nbsp;

[smartcode_project:default project_id=7106 project_image_fid=211701]

Crowning the buildings will be rooftop gardens, while an intricate network of verdant pathways interconnects the buildings and fosters a sense of community cohesion.

Situated just a leisurely stroll away from the East Village shopping centre, residents can indulge in retail therapy and explore a multitude of dining options. Green Square Train Station, a mere stone's throw away, offers residents connectivity to the CBD, while also providing convenient access to the airport in a 20 minutes. 
 
NB: This article was updated December 11 2023

First home buyers now won't be subject to stamp duty on any property under $800,000, considerably higher than the $650,000 cap previously

The best NSW off the plan apartments first home buyers can buy with $0 stamp duty

Sydney developer Coronation Property has expanded its presence in the heritage-conservation suburb of Ashbury in Inner West Sydney.

They've secured the neighbouring development site to their current project, Ashbury Terraces, spending $45 million on the 1.64 hectare site that was listed by Michael Teplitsky, Felix Milgrom and Boris Markovsky.

The shovel-ready project at&nbsp;149-163 Milton Street has plans for 59 apartments and 68 multi-level townhouses designed by SJB.

Coronation's Managing Director Joe Nahas called the acquisition a "no brainer."

&nbsp;

<img alt="Render of the proposed second Ashbury development" data-entity-type="file" data-entity-uuid="a2651fa7-5014-45e0-9dbe-2d3c62e38703" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Ashbury%20Stage%202%20-%20001.jpg?VersionId=RDPtg5BW.z83wcNnf_PXMe6ZhusmsGGD" />Render of Coronation's new Ashbury development site. Credit: SJB

&nbsp;

“Off the back of the incredible sales success at Ashbury Terraces with more than 50 percent of the terraces and over 50 percent of apartment sales, it was a no brainer for us to acquire the adjacent site to offer additional quality housing stock to our purchasers," Nahas said.

“SJB’s early engagement, coupled with the existing involvement of our in-house design team, dedicated development, construction, and sales and marketing teams working on Ashbury Terraces, it will be a seamless and efficient progression for us to extend our efforts next door."

The original Ashbury development was a shortlisted finalist in the 2022 World Architecture Festival (awards) for Future Projects. That too features a mix of apartments and terraces. They recently announced they've sold out 80 per cent of stage two of the project, with the final release of residences expected hit the market at the beginning of next year.&nbsp;

Ashbury Terraces is on track for completion by the end of 2024.

[smartcode_project:default project_id=112253 project_image_fid=193253]

NSW Premier Chris Minns recently announced plans to help tackle the existing housing crisis by streamlining and accelerating the approval process, given the&nbsp;population of New South Wales estimated to increase by 85,000 residents per year until 2041, meaning there is an urgent need for 314,000 new dwellings over the next five-year period.

To expedite new housing supply, the Premier’s proposal will provide developers access to a fasttrack approval process through a ‘state significant development’ pathway for projects exceeding $75 million and comprising a minimum 15 percent affordable housing.

Nahas welcomed Minns’ announcement, saying it’s encouraging to see the Premier taking significant steps to facilitate an increase in affordable housing availability in the market and an overall boost in the number of new homes for the residents of New South Wales.

"As a company, we value our capacity to offer highly sought-after, quality residences. With this new initiative, we firmly believe that we can efficiently deliver a balanced combination of quality off-the-plan, build-to-rent, and key worker dwellings within a reduced timeframe," Nahas said.&nbsp;

"This will not only provide a broad range of housing options but importantly will make a significant contribution to meeting the escalating demand for new homes across Sydney in particular.”

[smartcode_project_cta:default project_id=112253]

The shovel-ready project at 149-163 Milton Street has plans for 59 apartments and 68 multi-level townhouses designed by SJB

Coronation Property expands its Ashbury Terraces site with $45 million purchase

Expressions of interest are starting to be taken at Carrington Place, the $850 million Castle Hill masterplan by local developer Ellipse Property Group.

Carrington Place will deliver 771 apartments spread across seven architecturally distinctive buildings designed by Scott Carver. There will be a range of one, two and three-bedroom apartments.

The first stage to be released, Atrium, will comprise 151 apartments within one eight-storey building with rooftop recreational spaces that provide views of the surrounding landscape.

[smartcode_project:default project_id=89496 project_image_fid=216766]

Atrium will be the gateway to the Carrington Place precinct, embodying the essence of the community’s vision for a sustainable and healthy lifestyle.

PRD Norwest Managing Director, David Inkster, in collaboration with Ellipse Salesteam, said Atrium will be the most premium apartments in Castle Hill.

“With a deep connection to nature immersed in the peaceful bushland of Cattai Creek, Atrium will provide residents with spacious homes featuring two design schemes," Inkster said.

"These will be the most premium apartments in Castle Hill, primely located directly opposite the Hills Showground Metro Station."

[smartcode_project:default project_id=89496 project_image_fid=216770]

&nbsp;

Scott Carver’s Senior Interior Designer, Helen Morrow, says there are two colour palettes at Atrium for buyers to choose from.

"The Tranquil palette is a very calm, neutral environment," Morrow said.

"The Luminous on the other hand is a warmer, more expressive palette and that’s more for energy and rejuvenation so it’s modern, fuss-free, it will allow people to really live their best lives."

Award-winning architecture firms Tony Owen Partners and Stanisic Architects have designed the buildings to immerse with its surrounding natural landscapes while complementing the curve of the tranquil Cattai Creek which runs along the western border of the development.

[smartcode_project:default project_id=89496 project_image_fid=216764]

&nbsp;

Uniquely, the precinct will be home to over 20,000 sqm of outdoor recreational space and lush gardens, conceived by landscape architect, Ross Shepherd, Director of Site Image Landscape Architects, making it one of the greenest masterplanned communities in the Hills district.

“The lifestyle of this precinct is quite a cosmopolitan meets environmental lifestyle. I think it’s a lovely balanced environment for people to enjoy,” Shepherd said.

A key feature of the project will include a one-kilometre boardwalk running the length of the Cattai Creek connecting to Fred Caterson Reserve, a 58-hectare local reserve featuring picnic tables, children’s playgrounds, along with multiple sports facilities.

[smartcode_project:default project_id=89496 project_image_fid=216768]

Ellipse Property has committed to dedicate over 6500 sqm of the Cattai Creek back to the community in this masterplan.

&nbsp;

Ellipse Property has also collaborated closely with Council on the revegetation management and landscaping of the Cattai Creek Masterplan spanning the Carrington Place site, known locally as ‘The Green Belt’. The area is home to an array of wildlife, flora and fauna, in particular The Powerful Owl, the largest owl on the Australian continent.

Located directly opposite the Hills Showground Metro Station, the development will provide future residents with connectivity to Sydney’s CBD, Chatswood, North Sydney, Macquarie Park and Norwest Business Park. With trains operating every four minutes in peak hour in each direction, residents are offered the highest convenience on Australia’s first driverless railway.

Construction is planned to commence in Q3 2023 with Stage 1 Atrium due for completion in Q3 2025. The entire five-stage precinct is due for completion in 2032.

[smartcode_project_cta:default project_id=89496]

The first stage to be released, Atrium, will comprise 151 apartments within one eight-storey building with rooftop recreational spaces that provide views of the surrounding landscape



$850 million Castle Hill masterplan Carrington Place starts selling

Sydney unit values are continuing to bounce back from their 2022 losses.

Property data analytics firm CoreLogic's Monthly Hedonic Home Value Index found the value of Sydney units grew by 1.2 per cent in June, showing a consistent pattern following gains of 1.1 per cent in May and 1.2 per cent in April.

Sydney unit values are now 3.5 per cent year up year to date and just&nbsp;-3.4 per cent down compared to this time last year.

CoreLogic's Research Director Tim Lawless says a lack of available supply continues to be the main factor keeping upwards pressure on housing values.

“Through June, the flow of new capital city listings was nearly -10% below the previous five-year average and total inventory levels are more than a quarter below average.

Read more:&nbsp;<a href="/news/nsw/city-beat-june-2023-sydney-secures-off-the-plan-sales-success-at-affordable-and-luxury-ends-of-the-market">City Beat June 2023: Sydney secures off the plan sales success at affordable and luxury ends of the market</a>

"Simultaneously, our June quarter estimate of capital city sales has increased to be 2.1% above the previous five-year average.”

Although housing values continue to record a broad-based upswing, the pace of growth across most capitals eased in June.

“A slowdown in the pace of capital gains could be a reflection of a change in sentiment as interest rate expectations revise higher,”&nbsp;Lawless added.

“Higher interest rates and lower sentiment will likely weigh on the number of active home buyers, helping to rebalance the disconnect between demand and supply.”

<h1>Sydney's off the plan update July 2023</h1>

A number of agents across Sydney are suggesting sentiment is continuing to grow in the off the plan apartment market.

Colliers National Director Blake Schulze says, while sales are happening in both the top and bottom ends of the market, a significant trend has been the time taken to convert a lead.

“One notable observation is that the time it takes for buyers to move from an initial enquiry to a sale has reduced by 50 per cent, which is a significant trend," Schulze says.

There's been more enquiry come through from investors, Schulze says, however the purchasers are still primarily owner-occupiers. Schulze has also seen enquiry rise from first home buyers, who have been waiting for the NSW stamp duty saving changes that came into force July 1.

Read more:&nbsp;<a href="/news/nsw/nsw-stamp-duty-the-july-1-2023-change-that-will-affect-first-home-buyers">NSW Stamp Duty: The July 1 2023 change that will affect first home buyers</a>

James Lampropoulos, Director and Partner at Laver Residential Projects, says the company have had their best selling month in around six months.

"The market sentiment across the board is still quite strong, in particular we are seeing the high end of the market (over $3 million) in Sydney performing very well as well as good quality stock up to $1 million," Lampropoulos said.

"These buyers are very active and still believe that property is the best asset class to secure their financial future."

Lampropoulos says they've already seen a surge in demand following the new stamp duty rules across their projects in&nbsp;Bexley, North Strathfield and Wentworth Point.

[smartcode_project:default project_id=5751 project_image_fid=209834]

Laver has had success at the top end in&nbsp;The Rathbone in Surry Hills and Munro House in Elizabeth Bay in the last few weeks, which represent the middle to higher end of the market.

"Both projects are under construction, which tends to draw more buyers at this stage of the marketing,"&nbsp;Lampropoulos said.

"Those in the $2 million to $5 million range are looking for something nearing completion. They’re not jumping in at the absolute off the plan, pre sales stage, because they tend to need to sell their current home to buy.&nbsp;They need peace of mind they’re buying and selling in a similar market.

[smartcode_project:default project_id=100691 project_image_fid=186114]

"In contrast, those buying in the very top end of the market with budgets over $7 million or so aren’t so reliant on selling their current home, so they’re the more likely the early buyers."

Trio Property Agency's Thomas Panson has too seen first home buyers jump, in part due to the stamp duty concessions under $800,000, but also from renters who are now looking to buy due to increased rental prices across the city.

Panson says this has particularly affected the buyers in the $800,000 to $1 million range.

[smartcode_project:default project_id=7054 project_image_fid=47637]

There's been success in both Newcastle and Orange for Urban Activation, who are marketing Iris Capital's East End development in Newcastle and 103 Prince in the popular wine region of Orange.

Urban Activation's Sales and Marketing Director Matt George says local&nbsp;first home buyers, downsizers and investors from the Hunter region and Sydney make up a large portion of the purchasers in Newcastle. 

"Large scale two and three bedroom apartments are in demand with a continuing growing trend towards the limited supply of three bedrooms," George says.

[smartcode_project:default project_id=107744 project_image_fid=211155]

George cites Newcastle infrastructure pipeline as an attractive proposition for both investors and owner-occupiers.

"Newcastle has had a huge amount of infrastructure, particularly with light and heavy rail over recent years, and has a wide range of growth plans into the future with Iris Captial’s East End Development and Honeysuckle HQ continually improving the retail and hospitality offerings substantially."

Urban Activation is also working on 103 Prince, the first multi-residential apartments and townhouse project in the Central West area. The project filled such a niche it sold out around half of the residences before it even launched.

[smartcode_project:default project_id=114129 project_image_fid=214387]

The development approved project has been popular with local downsizers, particularly farm owners, who have never had an opportunity to downsize to something new. There's also been steady and regular interest from Sydney and New South Wales investors.

City Beat July 2023: Sydney growth continues as first home buyers get new stamp duty concessions

Sydney developer and builder ALAND has unveiled its collection of penthouse atop their new Gosford apartment development, Archibald by ALAND.

The 12 penthouse apartments, across the top two levels of the Donnison Street tower, have been dubbed the Signature Collection, featuring extensive views across both the surrounding water and mountains.

The three and four-bedroom penthouses range in size from 176 sqm to 280 sqm, and are priced from $2,320,000.&nbsp;

The Signature Collection is expected to attract discerning buyers from Gosford, Newcastle and Sydney who are either looking to downsize, buy a high-end weekender, or make plans for future retirement on the Central Coast.&nbsp;

ALAND Founder and Director Andrew Hrsto says The Signature Collection is a masterclass in contemporary apartment design and also demonstrates his own passion for high-quality finishes.&nbsp;

&nbsp;

[smartcode_project:default project_id=134670 project_image_fid=215488]

“Our design brief was to create something glamourous and yet understated and timeless – and I believe we’ve achieved that brilliantly,” Hrsto said.

“At the same time I wanted the Collection to incorporate a rich blend of prestige materials, such as Tundra Grey marble benchtops, Carrara marble tiles and Australian oak floorboards.”

Apart from their generous floorplans, the penthouses feature elevated ceilings to ensure that residents make the most of their sweeping ocean and mountain views.

“Everything in these apartments and penthouses is about creating a sense of space and light,” Hrsto added.

&nbsp;

[smartcode_project:default project_id=134670 project_image_fid=215487]

“That is why we’ve introduced higher ceiling heights and fluted cabinetry throughout.”

The Signature Collection penthouses feature premium fittings such brushed-nickel Grohe tapware and Series 9 Fisher &amp; Paykel appliances. Penthouses also include fireplaces, cocktail-style bar areas, wine fridges, stacked double ovens and a butler’s pantry.

ALAND Head of Development Ryan Lane&nbsp;says The Signature Collection captures a sense of coastal elegance, combining timeless interior design with a sophisticated use of materials and colours.

“The finishes, such as the fluted joinery are very tactile and textured, while the curvilinear shapes embody the dynamic nature of water. This is appropriate since most of the living spaces look out over Brisbane Water,” Lane said.

&nbsp;

[smartcode_project:default project_id=134670 project_image_fid=215489]

“Residents of these penthouses will enjoy an enviable lifestyle. The seamless flow between inside and outside spaces will make entertaining family and friends at home a pleasure. Residents and their guests can also enjoy a cocktail at the Skybar &amp; Lounge on level 28 or meet at the podium level swim-up bar or the ground floor Union Hotel."

Lane says that Archibald by ALAND, which is scheduled to be completed at the end of 2024, will be a one-of-a-kind offering on the Central Coast, providing easy access to the region’s beautiful beaches and national parks, transport links and many local services.&nbsp;

“The town of Gosford offers a wealth of natural beauty, but still offers great connectivity to Sydney and regional NSW. At the same time residents will find much of what they need, such as dining, shopping and entertainment options, literally on their doorstep.”

The mixed-use project comprises 323 apartments, 130 hotel rooms, and a cosmopolitan dining precinct at the foot of the building.

[smartcode_project_cta:default project_id=134670]

ALAND Founder and Director Andrew Hrsto says The Signature Collection is a masterclass in contemporary apartment design and also demonstrates his own passion for high-quality finishes

ALAND unveil penthouse collection at Archibald by ALAND in Gosford

Construction is nearing completion on the latest Kogarah apartments.&nbsp;

The aptly named project, Kogarah, will soon deliver 66 apartments to the suburb, with construction due to wrap in July.&nbsp;&nbsp;

[smartcode_project:default project_id=7551 project_image_fid=64221]

Positioned in a prime location, Kogarah offers residents unparalleled convenience, situated a mere 100 metres away from the train station, shopping centre, and hospital.

Residents will be a mere 12-minute drive to both Sydney's Domestic and International terminals, while there's also an array of parks, education and employment hubs within proximity also.&nbsp;

Internally, Kogarah boasts spacious and luxurious interiors, with the open plan living spaces adjoining generously-proportioned balconies, blurring the lines between indoor and outdoor living.&nbsp;

[smartcode_project:default project_id=7551 project_image_fid=64227]

The homes also feature contemporary finishes, including timber flooring, stone benchtops and premium European appliances.&nbsp;

Crowning the building will be a rooftop infinity pool, along with outdoor barbecues and an entertainment area.&nbsp;

There's only a selection of two-bedroom apartments remaining in the project, with prices starting from&nbsp;$829,000. The floorplans span from 86 sqm through to 126 sqm, with each offering two bathrooms and one car space.&nbsp;

[smartcode_project_cta:default project_id=7551]

The aptly named project, Kogarah, will soon deliver 66 apartments to the suburb, with construction due to wrap in July

Limited stock remains at Kogarah apartments as construction nears completion

Following the successful sell out of stage one, Mayrin have released stage two of their Rouse Hill development, Verset.

Situated in close proximity to Rouse Hill Station and Rouse Hill shopping centre, Verset provides residents with unrivalled convenience.

[smartcode_project:default project_id=24445 project_image_fid=195358]

The area is teeming with a plethora of amenities, including an array of cafes and restaurants, retail shops, supermarkets, expansive parklands, playgrounds, as well as plans for a future hospital and retail expansion.&nbsp;

The apartments in Verset are designed with open-plan layouts, seamlessly integrating the living, lounge, and dining areas. Each of the living spaces extend to either an entertainer's balcony or a garden.

The kitchens feature stone benchtops and gas cooking facilities, along with European appliances, while the&nbsp;master bedrooms are generously sized, complete with an en-suite and built-in wardrobes.&nbsp;

[smartcode_project:default project_id=24445 project_image_fid=195364]

Residents of Verset will also benefit from a communal space at the centre of the site, with the space including an entertaining area and barbecue facilities.&nbsp;

Upon completion, Verset will be home to 185 apartments, set across two four-storey buildings.

[smartcode_project_cta:default project_id=24445]

The apartments in Verset are designed with open-plan layouts, seamlessly integrating the living, lounge, and dining areas

Mayrin launch stage two of Rouse Hill apartments, Verset

From July 1 first home buyers in New South Wales won't be subject to stamp duty on any property under $800,000.

The NSW Government has raised the stamp duty concession cap from $650,000, with the intention to assist first home buyers getting into the market.

Concessions will also be applicable to properties worth up to $1 million, up from the previous limit of $800,000.

The NSW government estimates that around 84 per cent of first home buyers will benefit from the reforms, paying either a reduced rate or no stamp duty at all.

It's estimated that a first home buyer purchasing an $800,000 property will save up to $31,090 under the new rules.

The NSW government's legislation will also introduce tighter scrutiny by including an eligibility requirement mandating that purchasers must reside in the purchased property for a minimum of one year.

The new concessions will come into place following the expiry of the&nbsp;First Home Buyer Choice scheme, which was brought in by the Coalition state government. That allowed first home buyers to buy a property up to the value of $1.5 million and choose to pay an annual property tax rather than stamp duty.

At the time the Labor Party described it as a "forever tax on your home" and had promised to abolish it.

Comparatively, Queensland's no stamp duty threshold is $500,000, and Melbourne's is $600,000.

The NSW government estimates that around 84 per cent of first home buyers will benefit from the reforms, paying either a reduced rate or no stamp duty at all

NSW Stamp Duty: The July 1 2023 change that will affect first home buyers

As solid demand continues for apartments in Sydney’s north-west, Sekisui House Australia will soon introduce Veue Central (Veue), which will be the tallest and most prominent stage&nbsp;in The Orchards, Sekisui's $1 billion masterplanned community in Norwest.

Veue is located in the heart of The Orchards and will stand across six buildings ranging from 9 to 22 storeys, comprising 583 nature-inspired apartments.

Veue’s VIP release is on 1 July with the official public launch 5 August.

Award winning Crone Architects has created Veue’s residential towers with a vertical green spine complemented by an open landscaped recreational central core, connecting residents to parklands that extend from the eastern part of the site all the way to the creek in the west.

Julian Venning, Principal – Design at Crone Architects, says Veue’s design vision defers to The Orchards’ natural surrounds with residences maximising connection to the landscape and nature.

"The green of the gardens is drawn into the resident experience," Venning said.

"A sense of wellness is promoted in the design within the wonderful natural environment. A place to return to from the fast pace of the city to a garden setting for which Baulkham Hills is renowned.

“The curved form and soft corners of the building allow the towers to be seen in the round continuing greenery up the façade to integrate landscape and built form."

<img alt="Veue Central" data-entity-type="file" data-entity-uuid="f68d8488-c526-4831-a4de-a142e7c99dac" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-30%20at%209.21.05%20am.png?VersionId=Yv5Cle_tT31cmKDYb6DO6wKsalTIYX5X" />

All apartments have views to the gardens or green edging to their balconies and have floor to ceiling glazing to capture panoramic views to nature. Veue is built around a central garden as a sustainable oasis of wellness encouraging exploration and relaxation.

“Veue is invested in a sustainable future and committed to environmental sustainability, bringing together multiple technologies to lower emissions and energy consumption as well as supporting The Orchards community,” Venning added.

David Lee, Sales Manager, Apartments &amp; Mixed-Use Developments – The Orchards at Sekisui House Australia, expects strong interest from owner occupiers and local downsizers.

“Strong demand is expected in Veue with light-filled apartments boasting splendid uninterrupted northerly views overlooking Castle Hill Country Club, Norwest Lakes to the south and the Blue Mountains to the west," Lee said.

“It is anticipated selective owner occupiers or local downsizers moving from a larger home will purchase the exclusive upper level ‘homes in the sky’, whilst smaller apartment types (one and two-beds) will be popular choices for first home buyers and investors. Apartment configurations with additional rooms or studies will suit buyers who work from home.”

Lee says Veue will be home to state-of-the-art facilities that are unrivalled within Norwest.

"These amenities will be connected through a central open cooking and dining hub that gives parents the opportunity to relax and children the ability to play.”

<img alt="Veue Central" data-entity-type="file" data-entity-uuid="4bbc1217-55c2-4f71-85c6-b781d70a9b40" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-30%20at%209.21.09%20am.png?VersionId=.gAOW70Ntu3nYlCXguoJ0t22MgRnW2E4" />

Prices start from $840,000 for the one-bedroom apartments, which have up to 76 sqm of internal space. The four-bedroom penthouse, which has over 200 sqm of internal living area, is priced at $3.2 million.

A wellness centre provides a gymnasium and pool connected directly to the garden. Veue residents can entertain up to 100 guests within the adjacent communal function centre for parties and special occasions. A concierge service is also available to service the needs of all residents.

Sekisui House’s vision for The Orchards is to create a world-class sustainable and prosperous community, a place where people want to live, work and enjoy their lives. Inspired by timeless Japanese quality, homes and communities are designed to improve with time and last for generations.

The masterplan, designed by Turner, is spread across five stages. When completed, the community will comprise 1,300 apartments.

The Orchards is located approximately 31 kilometres north-west of Sydney’s CBD and is nestled in Norwest. It is strategically positioned 800 metres from Norwest Metro Train Station and 600 metres from Norwest Marketown as well as Norwest Business Park - currently housing over 30,000 employees.

Construction on Veue is expected to start in 2024.

[smartcode_project_cta:default project_id=140704]

Veue is located in the heart of The Orchards and will stand across six buildings ranging from 9 to 22 storeys, comprising 583 nature-inspired apartments

Sekisui reveal Veue Central, the next stage of their $1 billion Norwest masterplan, The Orchards

Prominent Western Sydney developer builder&nbsp;ALAND&nbsp;is on track to deliver 652 new homes this year to the heavily undersupplied New South Wales property market.

&nbsp;

ALAND, who recently celebrated 20&nbsp;years in operation, is on track to deliver hundreds of new homes after topping out two of its most significant residential projects in Sydney’s western suburbs.

Stage one of The Gladstone Village in Merrylands, dubbed Quartz, and their Carson on the Park project in St Marys, both reached their highest structural points recently.

The 652 apartments set to be completed this year make up around 50 per cent of&nbsp;ALAND&nbsp;apartments currently under construction this year, with a further 6,500 new homes in the pipeline.&nbsp;

[smartcode_project:default project_id=7642 project_image_fid=197117]

ALAND&nbsp;Chief Executive Officer George Tadrosse says Sydney’s chronic housing shortage and a high demand from buyers and investors was driving its strategy.

“We take a medium- to long-term view on our projects,"&nbsp;Tadrosse says.

"We can see development approvals dropping off and supply slowing yet demand continues to increase. There’s a need for projects in Western Sydney for buyers who want to enter the market or investors looking to build their wealth.

“Our expertise is in identifying the best sites for quality living for owner occupiers and tenants, close to amenities, and beautiful finishes at an affordable price point. We’ve proven there’s demand for this and we continue to deliver on our promise to provide much-needed housing.”&nbsp;

Tadrosse attributes&nbsp;ALAND’s successful project delivery to its position as a multidisciplinary development and construction company&nbsp;

“As a developer builder, we are better equipped to be able to manage the various pressures at play and keep moving ahead,” Tadrosse added.

“We have between 300-400 construction workers on each project, some of whom have been with&nbsp;ALAND&nbsp;for up to 20 years. We’re fortunate to have a loyal and dedicated team that shares&nbsp;ALAND’s vision and commitment to deliver high-quality stock to the market.”

On track for completion this year is Carson on the Park in St Marys which will deliver 289 new apartments priced from $475,000 and Quartz in The Gladstone Village, Merrylands offering 363 new apartments starting at $567,000 for a one-bedroom.&nbsp;

[smartcode_project:default project_id=7642 project_image_fid=197136]

By 2024, Paramount on Parkes in Harris Park, on the fringe of Parramatta CBD will deliver 331 new apartments with prices beginning from $705,000 and Archibald by&nbsp;ALAND&nbsp;in Gosford with 363 new apartments starting from $450,000 for a one-bedroom.

ALAND&nbsp;Founder and Director Andrew Hrsto says with its focus on meeting the demand for inexpensive housing stock in NSW,&nbsp;ALAND&nbsp;is committed to forging ahead and delivering new homes to the market where they’re needed most.&nbsp;&nbsp;&nbsp;

“The completion of these projects has been a priority for us as we recognise the urgent need for affordable housing options in the region. This is in line with our commitment to deliver quality homes that represent true value for money to help alleviate the current housing supply issue in NSW,” Hrsto says.&nbsp;&nbsp;

“We are dedicated to providing immediate relief to the market and we understand that solving the housing crisis requires more than just a pipeline of future developments. It is about forward thinking and addressing the issue head-on to ensure that stock is available now.”

The average price for a two-bedroom apartment across available&nbsp;ALAND&nbsp;stock is $650,000 – around 38 per cent less than Sydney's median dwelling value – allowing more people to enter the market as property in this price range qualifies for several government incentives.&nbsp;

[smartcode_project:default project_id=134670 project_image_fid=208154]

“At our accessible price points, we continue to see interest from first home buyers and investors, with the majority of&nbsp;ALAND&nbsp;projects selling out prior to completion, proving there is demand for high-quality housing where prices are achievable for buyers entering into the market,” Hrsto says.

Carson on the Park is over 85 per cent sold, with first-home buyers and investors accounting for a significant portion of the sales. Earlier this year, Quartz released its final apartments to the market, creating a significant increase in enquiries as the building begins to take on a more prominent position in the local skyline.&nbsp;

ALAND, who recently celebrated 20 years in operation, is on track to deliver hundreds of new homes after topping out two of its most significant residential projects in Sydney’s western suburbs

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