Sydney developer&nbsp;<a href="https://www.apartments.com.au/developers/central-element">Central Element</a>&nbsp;is doubling down in Drummoyne, lodging plans for a boutique apartment development on St Georges Crescent, only one-kilometre down the road from its first Drummoyne development, Bianca.

The new project at 15A-21 St Georges Crescent,&nbsp;a&nbsp;1,701sqm north-facing site overlooking Iron Cove, will have 45 apartmnts across 10 levels. Eight of the units will be dedicated to affordable housing.

The site sits within walking distance of Drummoyne Village, Birkenhead Point, ferry services and the Bay Run, and offers harbour views towards the Sydney Harbour Bridge and CBD skyline.

Designed by MHN Design Union, the development will deliver a mix of one, two and three-bedroom apartments, alongside resident amenity including a gym, landscaped communal open space and three levels of basement parking.

The project has been lodged under the NSW Government's Low and Mid-Rise Housing reforms, with Drummoyne Village identified as a town centre capable of accommodating additional housing supply.

Central Element acquired the site earlier this year as part of its continued expansion across Sydney's eastern suburbs, lower north shore and inner west.

The developer's current pipeline includes luxury apartment projects Pearl Bondi and a separate development on Lamrock Avenue in Bondi, a residential project in Barry Street, Neutral Bay, and a mixed-use seniors living community in Greenwich.

Central Element Managing Director Nathan Chivas said the project would address a shortage of new owner-occupier housing opportunities in Drummoyne.

"While we're seeing a significant shift across Canada Bay as major infrastructure investment, population growth and planning reform drive a new chapter for the region, in suburbs like Drummoyne there remains a genuine shortage of new boutique luxury housing opportunities for owner occupiers," Chivas said.

"Sites of this nature are increasingly difficult to secure, particularly those that combine a north-facing aspect with direct water outlook. Our St Georges Crescent project responds directly to the market demand, offering a level of exclusivity, outlook and lifestyle in the highly sought after suburb."

The development application has been lodged with the City of Canada Bay Council, with the project expected to launch to market in early 2027.

&nbsp;

Joel Robinson

Central Element seeks second Drummoyne apartment development

The NSW Government has unveiled plans that could deliver around 1,300 new homes across Nowra and Kiama, continuing its push to unlock housing in well-located regional centres along the South Coast.

The proposals, now on public exhibition, would pave the way for around 830 homes in Nowra and a further 450 homes in Kiama, while also introducing affordable housing requirements and increased building heights in key locations.

The larger of the two proposals is centred on Nowra, where the NSW Government is seeking to rezone land within the Mandalay and Riverfront precincts.

The Mandalay sub-precinct, located close to Shoalhaven Memorial Hospital, Nowra Library and the city's aquatic centre, could accommodate around 530 new homes. Around 30 per cent of housing delivered on Homes NSW-owned land would be dedicated to social and affordable housing, equating to roughly 100 homes. Building heights would increase from the current two-storey limit to between three and six storeys.

A separate rezoning proposal for the Nowra Riverfront Precinct would unlock a further 377 homes while creating stronger connections between the Shoalhaven River and the CBD. The plans include building heights ranging from five to 12 storeys, floor space ratios of up to 2:1 and a requirement for two per cent affordable housing.

Together, the two proposals would deliver more than 900 homes across the broader Nowra area, reinforcing the city's role as one of regional NSW's key growth centres.

The housing push builds on previous infrastructure commitments in the Shoalhaven, including government funding aimed at supporting thousands of future homes in West Nowra through upgrades to water and wastewater infrastructure.

Further north, the NSW Government is also progressing plans for the former Kiama Depot site, a two-hectare parcel near Kiama's town centre.

The rezoning proposal would transform the former industrial site into a residential community capable of delivering up to 450 homes. Buildings would range between six and eight storeys, with at least 10 per cent of homes allocated as affordable housing. The proposal also includes approximately 600 parking spaces and improved walking and cycling connections.

Planning Minister Paul Scully said the proposals are designed to increase housing supply in locations close to jobs, transport and services.

"For too long, families have struggled to find somewhere to live, and activating underutilised sites allows us to deliver the new homes these families need," Scully said.

"The Minns Labor Government is getting on with the job of unlocking well-located sites close to transport, jobs, and town centres and building the homes our communities need.

"These rezonings are about removing barriers to housing delivery and making sure land is put to better use so more people can find a place to call home within the communities they choose."

The latest rezonings form part of the Minns Government's broader strategy to accelerate housing delivery across NSW, particularly in established centres where existing infrastructure can support additional population growth.

Community consultation on the proposals is now underway, with feedback set to inform the final planning controls before the rezonings are determined.

Around 1,300 new homes earmarked for Nowra and Kiama as NSW Government pushes housing supply

<a href="https://www.apartments.com.au/developers/mrcb">MRCB International</a> has commenced construction on its latest Gold Coast apartment development, Maris, on the site of the former Sundale Motel in Southport.

The start of construction by <a href="https://www.apartments.com.au/builders/binah-constructions">Binah</a> follows an exceptionally strong sales campaign, with more than 90 per cent of apartments sold since launch. Every purchaser has been local, an&nbsp;indicator of confidence in both the development and Southport's evolution into a thriving CBD.

<a href="https://www.apartments.com.au/new-apartments/maris-southport-20-queen-street-southport-qld-4215">Maris</a> will deliver 192 residences across 20 levels. The project forms part of MRCB's Australian and New Zealand development pipeline now exceeding $1.6 billion in gross development value, alongside a growing portfolio of projects globally.

[smartcode_project:default project_id=134403 project_image_fid=350663]

The company also commenced construction on its $600 million 26 Vista residences in Surfers Paradise last year, following strong sales momentum, with over 70 per cent of residences sold.

Maris has been designed to meet evolving buyer demand, offering architecturally designed layouts suited to long-term liveability. The approach reflects a growing preference for quality and adaptability among Gold Coast buyers.

Positioned next to the Broadwater in the <a href="https://www.apartments.com.au/developments/southport-qld-4215">Southport</a> CBD, Maris sits directly opposite the Broadwater Parklands light rail station and within easy reach of retail, dining and lifestyle precincts, placing residents at the centre of one of the Gold Coast's most connected and rapidly maturing urban centres.

[smartcode_project:default project_id=134403 project_image_fid=372756]

Maris will offer a full suite of resort-style residential amenities, including a pool, gym and sauna, along with a rooftop level featuring decks, lounges and dining and yoga areas that command sweeping views across the Broadwater and out to the ocean.

Binah, a New South Wales headquartered company co-founded by Amen Zoabi and Khalil Hafza in 2008, has expressed its excitement at establishing its first partnership with MRCB.

Binah's Managing Director Khalil Hafza said partnering with MRCB on Maris is a significant moment for Binah.

"MRCB's financial strength and a track record that speaks for itself give this project a solid foundation, and this marks the beginning of what will be a long and successful relationship.

"With the right people, systems and partnerships behind it, Maris is set to become a significant addition to the Gold Coast's premium residential market."

[smartcode_project:default project_id=134403 project_image_fid=350664]

MRCB International CEO Ravi Krishnan said the project's progression to construction reflects both sustained demand and tightening conditions across the apartment sector, as well as MRCB's continued confidence in the Gold Coast market.

"Commencing construction at Maris is a significant step and reflects the depth of demand for quality apartments in well-connected urban locations," said Krishnan.

"Across Southeast Queensland, new apartment supply remains constrained, particularly in established precincts with infrastructure and amenity already in place. Projects like Maris are increasingly critical in meeting that demand, especially on the Gold Coast and in the city's CBD precinct."

[smartcode_project:default project_id=134403 project_image_fid=372761]

Krishnan said Southport's ongoing transformation, supported by infrastructure investment and long-term planning, was underpinning renewed buyer confidence.

"We're seeing a clear shift back towards well-located urban centres where infrastructure, connectivity and amenity are already established," said Mr Krishnan. "Southport is evolving into a more mature CBD environment, and that is being reflected in buyer behaviour."

Construction at Maris is anticipated to be completed in 2029.

[smartcode_project_cta:default project_id=134403]

Construction commences on MRCB’s $200m Maris Residences in Southport

Moonee Valley Park’s latest residential release <a href="https://www.apartments.com.au/new-apartments/the-eveline-at-moonee-valley-park-moonee-ponds-100-thomas-street-moonee-ponds-vic-3039">The Eveline</a>, has achieved a new benchmark for off-the-plan apartment sales in the suburb, with the sale of The Alexandra penthouse selling for $5,435,000.

Positioned on the top floor of a 16-level residential building, the three-bedroom, three and-a-half-bathroom penthouse features uninterrupted city skyline views across the future Valley racetrack.&nbsp;

The landmark sale comes as momentum at the precinct continues to build, with the Moonee Valley Racing Club progressing works on its new racetrack ahead of the 2027 Cox Plate. The transformative development will see MVRC reimagine the beloved Valley as a vibrant year-round entertainment and lifestyle destination.

Alongside a world-class racing experience, the historic precinct will be activated with events, hospitality and public green spaces designed to attract broader audiences, while breathing new life into one of Melbourne’s most iconic destinations.&nbsp;

[smartcode_project:default project_id=142519 project_image_fid=372786]

Development partners <a href="https://www.apartments.com.au/developers/hamton">Hamton Property Group</a> and Hostplus have delivered five residential stages over the past four years, the most recent in November 2025 with Trackside House and Stonepine House. The flourishing community is now home to almost 500 families.&nbsp;

The latest residential release, The Eveline, has recorded strong demand since launching publicly last July, securing more than $200 million in sales to date, satisfying its pre sales hurdle for construction to commence.&nbsp;

Hamton Founder and Executive Chairman, Paul Hameister OAM said, the sales&nbsp;team have been overwhelmed by demand for these unique homes in this unique project.

"Buyers continue to be predominantly hyperlocal and attracted by the 40 hectare botanic masterplan in Melbourne’s inner north west," Hameister said.

[smartcode_project:default project_id=142519 project_image_fid=372788]

Hamton’s Sales and Marketing Director Fergus Humphries said the team has achieved more than 70 sales over the past eight weeks, including the penthouse purchase by a local buyer.

"These results reinforce that, even in a challenging market, purchasers continue to be drawn to quality projects that offer more than just a home, they offer a lifestyle.”

Designed by Cera Stribley, the penthouse has been created with entertaining in mind, spanning close to 400 sqm of indoor and outdoor living space, including multiple terraces designed to capture sweeping views across Melbourne’s skyline, the new Valley racecourse and sunset views over Moonee Ponds.

Moonee Valley Park is one of Melbourne’s largest urban renewal projects, transforming the iconic racecourse site into a vibrant mixed-use neighbourhood integrating homes, parklands, retail, racing and community amenities.

[smartcode_project_cta:default project_id=142519]

Moonee Valley Park penthouse sets suburb record as sales surge clears construction benchmark

A company linked to one of Australia's largest privately owned cattle businesses has lodged plans for a new residential tower in <a href="https://www.apartments.com.au/developments/newstead-qld-4006">Newstead</a>, continuing the rapid transformation of one of Brisbane's most sought-after, inner-city precincts.

Bottletree Holdings, an entity associated with Stanbroke Managing Director Brendan Menegazzo, has submitted a development application for a 28-storey mixed-use tower at <a href="https://www.apartments.com.au/new-apartments/9-longland-street-newstead-qld-4006">9 Longland Street</a>, a site that made headlines last year when it changed hands in an off-market transaction that reportedly set a benchmark land rate for the suburb.

The proposal would replace an existing two-storey commercial building on the 1,510 sqm corner site with a Bureau Proberts-designed tower comprising 76 apartments, ground-floor retail, office space and a suite of resident wellness amenities.

<img alt="9 Longland" data-entity-type="file" data-entity-uuid="c710a836-568e-4382-bc91-3c34b8e80a8b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.41.45%E2%80%AFAM.png?VersionId=Vy.mQWBc7GA_a.vIBdxKqRC9XGjWalo2" />

According to planning documents lodged with Brisbane City Council, the development would comprise a mix of 36 two-bedroom apartments, 24 three-bedroom apartments and 16 four-bedroom residences, positioning the project firmly at the premium end of the market. The apartments would sit above a podium containing retail and commercial space, with three levels of communal recreation facilities spread throughout the tower. The proposal also includes 198 car spaces and 95 bicycle spaces.

Bureau Proberts has drawn heavily on Newstead's industrial heritage in developing the architectural response.

"Occupying a prominent corner in the heart of Newstead, the proposal draws from the area's industrial lineage of robust brick warehouses to deliver a distinctly contemporary response," the architects said in the design statement.

"It is conceived as a subtropical sanctuary and elevated private retreat embedded within one of Brisbane's most vibrant lifestyle precincts."

The design seeks to reinterpret the traditional Queensland vernacular through wraparound verandahs, deep shading elements and permeable facades that respond to Brisbane's subtropical climate.

<img alt="9 Longland" data-entity-type="file" data-entity-uuid="25524f59-395c-4825-8fad-9b639822fa8a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.42.09%E2%80%AFAM.png?VersionId=dlWlbpCc_g3Y6yTLGqRVKvGJvO2ubMJ3" />

Planning documents describe the building as embodying the principles of "buildings that breathe", a design approach increasingly favoured in Brisbane's apartment market as developers focus on natural ventilation and outdoor living spaces.

The tower itself would rise above a heavily landscaped podium designed to reference the woolstore architecture that helped define Newstead and neighbouring Teneriffe for generations. At ground level, fine-grain retail tenancies would activate Longland Street, Wyandra Street and the existing Wyatt Street laneway, further extending the pedestrian network that has become a hallmark of the Gasworks precinct.

The application notes that more than 54 per cent of the site would be dedicated to landscaping and deep planting, while approximately 1,750 sqm of communal recreation space would be delivered across multiple levels.

<img alt="Planning" data-entity-type="file" data-entity-uuid="fed3b189-1054-4b68-af5f-b0befc4a66e5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.42.19%E2%80%AFAM.png?VersionId=gqeE3cjsbnLAfeTUKA1HtPZfqDs6S4Xa" />

Bottletree paid $22 million for the 1,510 sqm development site, equating to more than $14,500 per sqm, a reflection of the strong demand for development opportunities in Newstead. The suburb continues to attract both developers and buyers, underpinned by the ongoing evolution of the Gasworks and Teneriffe precincts into some of Brisbane's most sought-after lifestyle destinations.

Brisbane City Council's Sustainable Growth Strategy and Inner City Strategy both identify Newstead as a priority growth precinct capable of accommodating additional housing density due to its proximity to employment hubs, public transport and lifestyle infrastructure.

The proposed tower joins a growing pipeline of high-end apartment developments in the suburb. Fortis recently launched <a href="https://www.apartments.com.au/new-apartments/crest-walker-newstead-12-kyabra-street-newstead-qld-4006">Crest &amp; Walker</a>, a 65-apartment owner-occupier-focused development on Kyabra Street, while Consolidated Properties Group is preparing to launch <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a>, a 227-apartment waterfront project on Skyring Terrace.

Meanwhile, builder-developer BPG is planning its own Newstead project on Maud Street, comprising just over 100 apartments and more than 1,380 sqm of dedicated wellness and resident amenity spaces, further highlighting the shift towards lifestyle-driven apartment developments in Brisbane's inner-city market.

Newstead apartment boom continues with Longland Street tower plans

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Sam Arnaout's Iris Capital has been given the green light to complete the final phase of its landmark Newcastle city centre development, East End.

Iris Capital's involvement in Newcastle started way back in 2016 when it acquired the Hunter Street Mall, a prime 1.66-hectare street site in the heart of the city.

Now Iris Capital, the owner of a multi-billion dollar hospitality portfolio across the country and the developer of two landmark projects in the Gold Coast including the $800 million Victoria &amp; Albert in Broadbeach, is soon to complete its ambitious precinct that has truly changed the face of Newcastle.

[smartcode_project:default project_id=107744 project_image_fid=211154]

The $1 billion East End masterplan is already well established, with several apartment buildings and retail and commercial spaces delivered in the first two stages, perfectly positioned just minutes from the Crown Street Light Rail Station and 200m from Newcastle Beach.

The final stages will include more boutique retail outlets, dining experiences, green public spaces, and modern one, two, three and four-bedroom apartments designed by SJB Architects.

[smartcode_project:default project_id=107744 project_image_fid=216984]

“We are thrilled to have received approval to move forward with the next stage of <a href="/new-apartments/east-end-newcastle-143-hunter-street-newcastle">East End Newcastle</a>,” said Sam Arnaout, CEO of Iris Capital.

“This development is a testament to our commitment to creating a connected, lively, and sustainable community in Newcastle’s city centre. Our vision is to blend heritage and contemporary design to provide a unique space where people can live, work, and enjoy everything this great city has to offer.”

[smartcode_project:default project_id=107744 project_image_fid=216988]

Construction has already commenced on the final stages of East End. The development has already garnered several awards, from the 2022 NSW Mixed Use Development of the Year awarded by the Urban Development Institute of Australia to the Urban Taskforce Australia's 2022 Adaptive Reuse Development Excellence Award.

The apartments are expected to be in high demand from professionals, families, and retirees.

[smartcode_project_cta:default project_id=107744]

Iris Capital to push on with final stage of game-changing Newcastle precinct, East End

The recently released building approval data from the&nbsp;Australian Bureau of Statistics shows new home building in New South Wales to be at its lowest level in 12 years.

You'd have to go back to 2012 when New South Wales saw lower approvals that 2024. Just 42,800 homes were approved in 2024, five per cent below 2023, and 42 per cent lower than the calendar&nbsp;year peak of over 73,000 approvals in 2016.

[smartcode_project:default project_id=136076 project_image_fid=212615] 
 
“Building approvals remain our best indicator of future supply. With the disappointment of 2024 still top of mind, it is time that Government looks to 2025 and beyond to get NSW back on track to achieve our state's share of the National Housing Accord targets,” said Stuart Ayres, CEO, UDIA NSW. 
 
The differences between the highs of 2016 and lows of 2024 can be seen across all housing typologies, but are&nbsp;most pronounced in the apartment market where new approvals sit more than 22,000 lower than&nbsp;in 2016.

<img alt="Aryes" data-entity-type="file" data-entity-uuid="2fc7f389-7d32-4d28-8911-84c2b8384791" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-02-03%20at%203.27.37%E2%80%AFPM.png?VersionId=e9mk1OT80dgpK2dr4xc7YBSElhci9OrS" /> 
 
“The sharp declines in apartment approvals reinforce&nbsp;UDIA’s ongoing messaging that the combination of weak feasibility and slow planning reform&nbsp;has led to a failure to implement the immediate step change that was desperately needed in infill development to achieve the Accord target of 75,000 new homes a year,” Ayres said.

[smartcode_project:default project_id=136108 project_image_fid=303417] 
 
The detached housing market has also fared poorly, with approvals falling below 22,000 in the 12 months to December 2024, for the first time since January 2014.

The development industry continues&nbsp;to wait for details on the Low and Mid-Rise Reform, and first tranche of EOIs from the Housing Delivery Authority. UDIA says the Government also needs to remain focused on supporting the more feasible greenfield market.

[smartcode_project:default project_id=148093 project_image_fid=319996]

“Without a pivot back to feasible greenfield development with a diversity of housing typologies, NSW will keep falling further behind its housing targets,” Ayres added. 
 
“These poor building approvals reinforce the desperate need for reform of the Planning Act and urgency in implementing the Low and Mid-Rise reforms."

The differences between the highs of 2016 and lows of 2024 can be seen across all housing typologies, but are most pronounced in the apartment market where new approvals sit more than 22,000 lower than in 2016.

Apartment supply suffers as NSW building approvals hit 12-year low

Developers could face financial penalties for failing to deliver homes and unfairly profiting off buyers under reforms being considered by the NSW Government.

Feedback is being sought on stronger protections for consumers in off the plan contracts for homes and land in NSW, to guide the delivery of new housing and prevent lengthy delays that leave people out of pocket.

An off the plan contract is an agreement for the sale and purchase of a property that is yet to be developed or constructed. These contracts can apply to the sale of a proposed lot in a strata or community land scheme or to the sale of land in a conventional subdivision.

The reforms are being designed to help increase housing supply by providing greater certainty and clearer deadlines for home buyers and to free up land for development faster by removing outdated restrictions on development sites.

The reforms are intended to help more people achieve the Australian dream of home ownership and build greater confidence in the housing market by improving protections for buyers and preventing developers from delaying homes they have been contracted to deliver.

About five per cent of 180,000 residential purchases in NSW last financial year were off the plan contracts which allow a buyer to commit to purchasing a property before the complex is built or land is subdivided.

Potential reforms being released for comment aim to tighten contract rules to give buyers a clearer understanding of when they can expect to move into their new home, reducing uncertainty and the risk of being left behind in the market when a contract is cancelled.

This could include scrapping the ability for developers to draw the contract out with indefinite sunset clauses which give buyers no clear path forward, or ability to exit the arrangement.

Other proposed changes the NSW Government is considering include:

<ul>
	<li>Making sunset clauses mandatory in contracts so that buyers can withdraw if sunset events do not occur by a set time</li>
	<li>Requiring developers to disclose the status of the development against construction milestones so buyers have a better understanding of timeframes and potential risks</li>
	<li>Limiting a developer’s ability to extend sunset dates only for certain reasons beyond the developer’s control such as weather or supply issues, and imposing time limits on extensions</li>
	<li>Requiring developers to take reasonable steps to meet dates by potentially introducing penalties for inaction.</li>
	<li>The Government is also looking at unlocking potential development sites by making it easier to remove private, outdated agreements from land titles (known as obsolete restrictive covenants) which can limit how land is used or developed.</li>
</ul>

Covenants can continue to bind future landowners indefinitely, even if they become outdated – for example, an obsolete covenant may prevent more than one property from being built on the land or ban the use of certain building materials.

To support the reforms, the Office of the Registrar General has released a discussion paper called ‘Contracts and Covenants: Reforms to support development of land’ outlining the options.

The community is invited to respond to survey questions or upload a submission on the reform proposals and share their experiences on the NSW Government’s Have Your Say platform.

The consultation will lay the groundwork for legislation to be developed in 2025.

The Contracts and Covenants consultation is open until 7 March 2025.

Minister for Customer Service and Digital Government Jihad Dib said these proposals are designed to provide greater certainty and consistency.

"This review is about making sure home buyers have the right protections and information they need to make informed decisions.

“Off the plan contracts play a crucial role in supporting essential housing supply initiatives in NSW. They allow buyers to purchase property early in the development process, while giving developers the confidence and financial security to build.”

“We know that most developers do the right thing, but we don’t want situations where businesses try to run down the clock on a contract to sell to a higher bidder or mislead consumers by unfairly changing the goalposts for when they can move into their dream home.

“These reforms are designed to provide greater transparency as well as encourage the delivery of new homes. These proposals are about encouraging developers to be upfront about timelines and challenges to assist homeowners.”&nbsp;

“We encourage people to have their say on these proposals which aim to boost consumer confidence in the off the plan contract process and help NSW achieve our housing targets.”

Off the plan contract laws under review to provide greater certainty to buyers

Joint venture partners Lendlease and Mitsubishi Estate are progressing with its recently acquired landmark site on the border of Darling Point and Edgecliff.

They've provided a sneak peak as to what they have planned for the 1,748 sqm site at 1 Darling Point Road, following the purchase from Anka Property last year.

There were approved plans in plans for a 12-level building with 40 apartments, plans that had been back and forth between the Woollahra Council given the substantial uplift they were seeking.

<a href="/developers/lendlease-development">Lendlease</a> and Mitsubishi Estate, the latter of whom is one of the largest real estate developers in Japan and worked with Lendlease on One Sydney Harbour and One Circular Quay, has submitted a Concept State Significant Development Application to the NSW Government for a 17-level tower (with the affordable housing uplift).

The concept, which comes before the full State Significant Development applications, will have 60 apartments, 21 of which will be designated as affordable.

Architecture firm&nbsp;<a href="/architects/tzannes-architects">Tzannes</a> has been called in to handle the design of the building.

<img alt="Tzannes" data-entity-type="file" data-entity-uuid="5fe43b2d-6490-4900-a084-a29ec5349def" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-02-05%20at%2012.37.27%E2%80%AFPM.png?VersionId=hQdOFK3DWauBl_e6nlCAf4f4o00op3CU" />

Tzannes, led by regarded architect Alex Tzannes, calls 1 Darling Point Road a "landmark opportunity to create architecture that is placeshaping for Edgecliff Station and community building for the greater eastern suburbs.

"With its unique topographical elevation overlooking the Harbour City and connections with existing transport infrastructure, this site is ready for urban densification," the architecture firm noted in the Architectural Design Report

"This project will contribute to Sydney's growing need for quality well-designed, and well-located, homes and amenities."

<img alt="Lendlease" data-entity-type="file" data-entity-uuid="1fdf903c-b044-4f69-8199-dad1c71c239c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-02-03%20at%202.25.44%E2%80%AFPM.png?VersionId=7br7HgVNsnlMJPoqFcajaBWSUjWeKgaT" />

The plan is to retain and refurbish the existing heritage building at 136 New South Road Road and also include retail space and 1,516 sqm of commercial office space located in the podium levels.

There will be 16 one-bed apartment on offer, jsut three two-bed apartments, 34 three-bedders, and eight four-bedroom apartments. A single 350 sqm-plus penthouse will crown the 16th level.

&nbsp;

The <a href="/developments/edgecliff-nsw-2027">Edgecliff</a> evelopment aligns with the NSW government's target of delivering 1,900 new dwellings in the Woollahra local government area by 2029.&nbsp;

&nbsp;

The project is expected to have an end value of around $500 million. Construction is anticipated to commence in 2026.

The project is expected to have an end value of around $500 million. Construction is anticipated to commence in 2026

Preliminary apartment plans revealed for landmark Darling Point site by Lendlease and Mitsubishi Estate

<a href="/developers/bridgestone-projects">Bridgestone Projects</a> is looking to push its rejected Chatswood apartment towers higher.

Around 18 months after submitting to the local Willoughby Council for a two-tower development at 44-52 Anderson Street, Bridgestone has gone to the NSW Government for a&nbsp;$90 million State Significant Development.

It will see the two towers on the 2,687 sqm site, which will share a podium level, reach 33 levels, higher than the 25 levels that were approved in September.

The uplift comes as a trigger of affordable housing in the development.

Since late 2023, the NSW Government has encouraged developers to include affordable housing. If they have at least 10 to 15 per cent of the total apartments as affordable, they can build a tower 20 to 30 per cent higher than without.

Bridgestone had previously sought 96 apartments. Now they are proposing 123 apartments, 36 of which will be affordable.

<img alt="Bridgestone Projects Aims to Transform Anderson Street with 33-Storey Twin Tower" data-entity-type="file" data-entity-uuid="7893692b-1730-4843-8db4-de9b6432ed88" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Anderson%20st%20site.png?VersionId=SFkYhsa7LOw51eMRKZvJFPlurXoiRBlK" />

The Anderson Street development will feature a two-level podium with commercial and retail spaces on the ground floor, with vehicular access planned from Day Street.&nbsp;

The apartment mix is still weighted toward three-bedrooms (89). 18 two-bedrooms have been put forward, as well as nine one-bedroom apartments and seven four-beds.

<img alt="Bridgestone Projects Aims to Transform Anderson Street with 33-Storey Twin Tower" data-entity-type="file" data-entity-uuid="b664b7eb-5354-45ef-b730-855b9e1255e6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Anderson%20st%20bldg.png?VersionId=xe2ZGtKYxmTS72SGemX0CSfOJNGdVraM" />

A green spine will link the two residential towers, and communal open space will be located on Level 2. This design element aims to provide shared external spaces, enhance visual appeal, and integrate natural elements throughout the development.&nbsp;

Residents will have access to shared outdoor spaces, a swimming pool, sauna, BBQ area, and associated amenities.

An eight-level basement car park will be part of the development providing 296 parking spaces, which aims to support sustainable transport options, with proximity to Chatswood Station and public transport networks.

<img alt="Bridgestone Projects Aims to Transform Anderson Street with 33-Storey Twin Tower" data-entity-type="file" data-entity-uuid="609d995d-888a-4000-afcf-80943eeffc3c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Anderson%20st%20bldg%20podium%20facade.png?VersionId=Iu3KncBZgOjLHRh0SPRA7QBT20e3igce" />

Architectural firm Make has designed the project, focusing on integrating the new development within the evolving Chatswood CBD while maintaining a connection with the surrounding built environment.

<a href="/architects/make-architecture">MAKE Architects</a> won the design competition, impressing the jury with their solution to balancing the scale of the towers with the heritage conservation areas to the east, achieved by dividing the building into two slender forms.

The façade design incorporates a contemporary aesthetic inspired by the local area's brick buildings with a focus on solar access, natural ventilation, and shading elements to improve energy efficiency.

The documents submitted to the NSW Government suggest the proposal "aligns with planning objectives for increasing housing diversity, particularly through the inclusion of in-fill affordable housing."

Approved were 96 apartments. Now Bridgestone is proposing 123 apartments, 36 of which will be affordable

Bridgestone to push dual-tower Chatswood apartment tower higher

Brisbane’s suburban renewal continues to gain momentum with a transformative vision for Alderley, where&nbsp;Darveniza Group is planning to convert an industrial site into a vibrant residential community.

The new project, to be known as&nbsp;<a href="/new-apartments/station-quarter-78-farrington-street-alderley">Station Quarter</a> on Farrington Street, will put residents adjacent to&nbsp;<a href="/developments/alderley-qld-4051">Alderley</a> train station. The 17,167 sqm masterplan by Nettletontribe will have seven low to mid-rise apartment buildings, ranging between four and 10 levels, and have around 400 new apartments.

Darveniza Group is led by Queensland richlister Jane Darveniza, the widow of millionaire property developer Bojan Darveniza.

<img alt="Station Quarter Alderley" data-entity-type="file" data-entity-uuid="4f30454c-4781-4ad5-81b1-da2e7f447cdb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Station%20Quarter%20building%20one.png?VersionId=jsW_dHEXIr.wseqsVxyM9T9IpkRJQg8t" />

The precinct will be anchored by a central 1,750 sqm communal open walkway with extensive retail spaces.

The Farrington Street address, opposite Alderley Station with street frontage to Huddart Street, is surrounded by established amenities, including schools, parks, and shops, with direct access to major arterial roads and the Ferny Grove train line.&nbsp;

The masterplan aims to offer diverse housing options to cater to a wide range of residents, including affordable choices that address Brisbane’s growing housing demand.The first stage will comprise two buildings, one with 34 units across a four-level block, the smallest in the development, and 66 units in an eight-level building.

The 100 apartments in this initial phase will range from one to three bedrooms, with a 102 sqm ground-floor space for a café.

<img alt="Alderley" data-entity-type="file" data-entity-uuid="655d1e5c-3951-4d66-81de-13104db77c89" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-01-30%20at%209.29.20%E2%80%AFAM.png?VersionId=2yXwMWIvdOpkTbG5uyDNt8FsqqbHrPPi" />

The Town Planning Report by Urbis suggested Station Quarter is a "catalyst for Alderley and its evolution as a growth node."

"Station Quarter is set to redefine urban living in Alderley, by transitioning from low impact industry to a dynamic, low-medium density residential community," the report noted.

"Station Quarter is more than just a residential project; it is a commitment to sustainable urban development. By replacing industrial land uses with residential, the project not only meets the immedaite housing needs but also fosters a thriving, connected community within Brisbane's inner 5km radius."

Alderley isn't a suburb often associated with new apartment development. The last time a new project launched was nearly 12 months ago.

Breathe Residences, by&nbsp;joint venture partners&nbsp;<a href="/developers/capital-prudential">Capital Prudential</a>&nbsp;and the architecturally-driven property developer&nbsp;<a href="/developers/guavalime">Guavalime</a>, will be just across 800m from Station Quarter.

Alderley set for 400-apartment Station Quarter development opposite train station

Pembrook Homes has delivered over 1,000 homes across Melbourne's inner-city suburbs for over two decades.

Their latest pursuit of delivering contemporary, low-maintenance townhouses to family-friendly suburbs has taken them to REservoir, where they've previously completed several boutique developments in recent years.

The new townhouses at <a href="/new-townhouses/41-home-street-reservoir-41-home-street-reservoir">41 Home Street</a>, a row of just four, sit in the sought-after Oak Hill Estate, one of the most premium pockets in <a href="/developments/reservoir-vic-3073">Reservoir</a>.

Not subject to owners corp like the majority of townhouse developments, 41 Home Street townhouses are priced between $1,125,000 for the three-bedroom homes, and $1,195,000 for the sole four-bed townhouse.

&nbsp;

[smartcode_project:default project_id=148861 project_image_fid=319809]

The homes feature open-plan layouts that connect the kitchen, dining, and living spaces, leading to private courtyards designed for additional outdoor living.

Kitchens are equipped with 900mm Bosch stainless steel appliances, stone benchtops, and sleek cabinetry, anchored by a kitchen island which forms a versatile additional dining or entertaining space.

[smartcode_project:default project_id=148861 project_image_fid=319811]

Each home also meets a 6-Star NatHERS energy rating, designed to minimise their environmental impact without compromising on quality or comfort.&nbsp;

Landscaping has been thoughtfully planned to enhance privacy and integrate greenery throughout the site.

&nbsp;

[smartcode_project:default project_id=148861 project_image_fid=319808]

The Oak Hill Estate is an attractive area to live in Reservoir because within its small four-kilometre square boundary it has the likes of&nbsp;Darebin Community Sports Stadium, Reservoir Leisure Centre, Summerhill Village Shopping Centre, Broadway Shopping Centre, C.H. Sullivan Memorial Park, C.T. Barling Park, and several schools.

Home Street runs adjacent to Plenty Road where the 86 Tram heads into the city to Docklands or north to Bundoora RMIT.

<a href="/developers/pembrook-homes">Pembrook Homes</a>, who build all of their own developments, are expecting to complete the townhouses later this year.

[smartcode_project_cta:default project_id=148861]

Pembrook Homes, who build all of their own developments, are expecting to complete the townhouses later this year

Pembrook Homes to bring contemporary townhomes to Reservoir

Transport Oriented Developments have taken a hold of the Sydney development market in recent months, particularly since the opening of the extended Sydney Metro line.

Third.i is building Hume Place above Crows Nest Metro, while Mirvac and John Holland have revealed their future plans for Waterloo Quarter.

<a href="/developers/holdmark-property-group">Holdmark</a> is the latest to look to the ToD, which the government says "encourages sustainable and mixed-use development around transport and aims to create vibrant and walkable communities."

They have proposed three structures in <a href="/developments/macquarie-park-nsw-2113">Macquarie Park</a>, on a&nbsp;12,720 sqm site at 2-4 Giffnock Avenue, strategically located near the Macquarie Park Metro station, Macquarie Centre, and Macquarie University.&nbsp;

The proposal includes just under 600 apartments, with 10 per cent allocated as affordable housing.

The development will also incorporate retail spaces, including a supermarket, and essential infrastructure such as open space and road networks.

<img alt="2-4 Giffnock Avenue Macquarie Park" data-entity-type="file" data-entity-uuid="aa573be2-ab30-4736-ad7e-6aa918ebdc51" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site.png?VersionId=C1kfLHjpR1WHsWB043K2Enx59vV_YBXd" />

The site has been rezoned to allow for mixed-use development, with a maximum incentive height of 130 meters.

The development plan includes two slender residential towers and a smaller building above a shared podium. It aims to deliver a built form that reflects the evolving urban character of Macquarie Park while providing active ground-level uses and green spaces.

"Holdmark's proposal aligns with the precinct's goals of creating walkable, vibrant neighbourhoods with enhanced connectivity," the State Significant Development Application noted.

Studio SC, formerly Scott Carver, has handled the preliminary designs for the towers.

<img alt="Holdmark" data-entity-type="file" data-entity-uuid="158b54d2-872a-477e-92af-85f7af31beeb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-01-29%20at%208.04.45%E2%80%AFAM.png?VersionId=ZG.PM2H0GjFOGi4rmBm1fLih11q0JCIO" />

The precinct is one of six accelerated housing areas designated by the Department of Planning, Housing and Infrastructure, aiming to boost housing supply near major transport hubs while retaining job opportunities and improving public amenities.

"NSW needs more housing supply," the NSW Government says.

"We have a once-in-a-lifetime chance to shape the Six Cities Region’s city planning around Sydney’s new world-class metro system and leverage existing rail stations to serve generations to come.

"By building more housing near the metro and rail stations, we can enable more people to live close to transport, jobs, services, night life and amenities.

"The Transport Oriented Development (TOD) Program will create sustainable and connected cities now and for future generations."

The proposal includes just under 600 apartments, with 10 per cent allocated as affordable housing

First look: Holdmark submits Sydney's latest Transport Oriented Development at Macquarie Park	

Boutique townhouse developer,&nbsp;<a href="/developers/sloane-property">Sloane</a>, is accepting deposits of just five per cent at its under-construction Brighton townhouse development, 111 Carpenter.

The lower deposit, plus significant stamp duty savings since the government <a href="/news/vic/vic-government-slashes-stamp-duty-for-off-the-plan-property-buyers-savings-available-immediately-oct-2024">abolished stamp duty in October 2024 for 12 months</a>, aims to provide greater accessibility to purchasers seeking larger homes in one of Melbourne's most sought-after suburbs.

Located on Carpenter Street, the project comprises just seven townhomes designed by award-winning architecture firm Megowan, who has a deep understanding of the area and its lifestyle demands. Megowan has designed several successful projects for Sloane across Melbourne.

[smartcode_project:default project_id=7517 project_image_fid=214118]

Each townhouse has been crafted to maximise the northern exposure of the site, with key living spaces oriented to optimise passive solar gain and cross-ventilation.&nbsp;

The two and three-level townhouses, under construction with multi-award winning builder Virgon Constructions, offers three to four-bedroom configurations with north-facing open plan living areas and private courtyards designed by <a href="/landscape-architect/john-patrick-landscape-architects">John Patrick Landscape Architects</a>.

Sloane Managing Director, Adam Sloane, highlighted the location as a major drawcard, citing <a href="/developments/brighton-vic-3186">Brighton</a>’s combination of beachside living, parks, cafes, retail, and highly regarded schools.&nbsp;

With the project situated amongst tree-lined streets and close to shops and public transport,&nbsp;Sloane noted that the development provides an ideal base for families wanting a low-maintenance yet spacious home in the Bayside area.

[smartcode_project:default project_id=7517 project_image_fid=218198]

While apartments in the area cater largely to downsizers and Brighton's grand mansions suit families seeking large-scale homes, Brighton has had a lack of new townhouse development in recent years, a dwelling type designed to bridge the gap between apartment and house-sized living.

The projects is weeks away from lock-up and is on track to complete in late 2025.

[smartcode_project_cta:default project_id=7517]

Sloane is closing in on lock up stage and are on track to complete in late 2025

5% deposit offer - Buy into Brighton's affluent property market with 111 Carpenter townhomes

Australia’s first four-tower vertical stair climb challenge is set to debut in 2025, with Towers 4 Change aiming to raise over $400,000 – or $100,000 per tower – at Far East Consortium's West Side Place precinct in the Melbourne CBD.

As Australia’s largest stair climb charity event, and with the highest tower exceeding 80 levels and 1400 stairs, Towers 4 Change not only offers a physical challenge but also provides a powerful way for individuals and groups to ‘Step Up For Charity’ and raise money to support a charity that they connect with.

Each of the four towers at <a href="/buildings/west-side-place-melbourne-250-spencer-street-melbourne-vic-3000">West Side Place</a> will be dedicated to raising much-needed funds for a different and deserving cause, including building homes for women and children escaping family violence, supporting those living with life-altering conditions, and vital medical research.

<ul>
	<li>Tower 1: Ovarian Cancer Research Foundation</li>
	<li>Tower 2: Friedreich Ataxia Research Association (fara Australia)</li>
	<li>Tower 3: Good Friday Appeal</li>
	<li>Tower 4: The Victorian Homeless Fund</li>
</ul>

<img alt="West Side Place" data-entity-type="file" data-entity-uuid="f1443c90-8098-433a-9c7c-5e7251502425" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/West%20Side%20Place%20Towers.jpg?VersionId=hL563J70gxDdhXbtDWtu_ZG9cKDjTT2A" />

Lauren Sheldon, Director of Marketing and Sales at <a href="/developers/far-east-consortium">Far East Consortium</a>, said the developer is excited to contribute to Melbourne’s vibrant event scene and raise awareness for these worthy causes.

"This four-tower climb exemplifies our commitment to fostering a vibrant community. By bringing people together for this unique event, we aim to benefit everyone involved, from residents to participants and beyond,” Sheldon said.

EVENT DETAILS 
What | Towers 4 Change 
Where | West Side Place, 250 Spencer Street, Melbourne, VIC 3000 Date | Sunday 30th March 2025 
Time | 7am – 1pm

<h2>ABOUT THE CHARITY PARTNERS</h2>

<h2>Good Friday Appeal</h2>

Since 1931, the Good Friday Appeal has been dedicated to fundraising for The Royal Children’s Hospital so that it can continue to provide world-class care for children in Victoria and beyond. Funds from the Good Friday Appeal go towards ground-breaking research, state-of-the-art equipment and technology, education and family-centred care programs. GFA funds over 28 different projects each year - some are across multiple years, others one-off purchases.

“We are thrilled to be selected as a charity partner for the West Side Place Towers 4 Change, a unique and challenging event," Rebecca Cowan, Executive Director of the Good Friday Appeal, said.

"These funds will have a profound impact on funding state-of-the-art equipment, research, training, and patient- and family-centred care programs to continue the world-class care provided by The Royal Children's Hospital."

<h2>Friedreich Ataxia Research Association (fara Australia)</h2>

fara raises funds for research into treatments and a cure for Friedreich Ataxia (FA). FA is a rare genetic and progressive neuro-muscular disorder that is typically diagnosed in children or teens. It leads to loss of muscle coordination, fatigue, vision impairment, hearing loss, slurred speech, and then a serious heart condition which in many cases turns fatal by the mid-thirties. One in every 30,000 in Australia is affected. One in 90 people are carriers. There is currently no cure and no approved treatment in Australia.

Brad Hyde, Chief Executive Officer of fara Australia, says&nbsp;Friedreich Ataxia robs you of muscle strength, mobility and the ability to do even the everyday things we might take for granted.

"At fara, we are a small, rare disease charity with no government funding, raising funds for FA medical research. Being a partner of West Side Place Towers 4 Change will deliver the single greatest boost to awareness and fundraising beyond our own community. Every step climbers take will Lend Some Muscle to those living with FA and get us closer to finding that cure.”

<h2>Ovarian Cancer Research Foundation</h2>

The Ovarian Cancer Research Foundation (OCRF) supports vital research across the country that will help better detect, treat and prevent ovarian cancer. The OCRF is Australia’s largest independent funder of ovarian cancer medical research. Ovarian cancer is the most lethal women’s cancer with a five-year survival rate that has barely changed in decades, languishing at under 50 per cent. Addressing health disparity and funding inequity in cancer research is fundamental to achieving higher survival rates for ovarian cancer.

“West Side Place Towers 4 Change is a great new event that symbolises the heights we can achieve when we unite together for a cause, " Ovarian Cancer Research Foundation CEO&nbsp;Robin Penty says.

"Every step up, and every dollar raised, will directly support our vision of a healthy future for those impacted by ovarian cancer. This challenge is a powerful statement of hope, resilience, and the belief that each of us can make a difference. We are deeply grateful to the climbers and supporters helping OCRF achieve a step-change for women’s cancers, both figuratively and literally!"

<h2>The Victorian Homeless Fund</h2>

The Victorian Homeless Fund (VHF) is a Melbourne-based charity committed to providing safe and stable long-term housing for women and children escaping family violence. By building homes on unused residential land, the VHF offers families a fresh start and the opportunity to rebuild their lives. At its core, the VHF believes that everyone deserves a safe place to call home.

 
Colleen May, Victorian Homeless Fund Chair, says domestic violence is the single biggest cause of homelessness in Australia, and it's such a&nbsp;significant problem, it can't be solved by one group.

"If individually we all give a little, then collectively, we can change people’s lives. Every home we build is about extending a helping hand to those most in need, and providing a family with more than just a home—they gain hope and a future."

[smartcode_project_cta:default project_id=1270]

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