Apartment buyers in New South Wales are set to gain a decade of insurance-backed protection against major building defects, after the NSW Parliament passed the Fair Trading and Building Legislation Amendment Bill 2026.&nbsp;

The Bill establishes decennial defect insurance, known in the market as Latent Defects Insurance (LDI), as an alternative to the existing two-year strata building bond. It cleared the Legislative Council with amendments on Tuesday evening (August 4, 2026), with the Legislative Assembly agreeing to those amendments shortly after.

Under the reform, eligible developers can satisfy their statutory bond obligation by taking out an approved decennial-style policy that gives owners 10 years of cover for major structural defects from completion, claimable directly, without first having to pursue developers or builders through costly legal action.&nbsp;

The change forms the final tranche of amendments arising from the 2021 statutory review of the Strata Schemes Management Act 2015 and related legislation.

Resilience Insurance, which originated the cover in Australia and has delivered it in NSW since 2022, welcomed the passage and credited the NSW Government for delivering it.

“This is protection apartment buyers have needed for a long time, and the credit for delivering it belongs to the NSW Government,”&nbsp;said Corey Nugent, CEO of Resilience Insurance.

“Minister Chanthivong and his team have shown real leadership in replacing an outdated two-year bond with cover that matches the lifespan of the buildings people are buying into. Reform like this is what good, evidence-based regulation looks like.”

Resilience has delivered LDI in NSW since 2022, protecting thousands of apartments, giving the State, and now the country, real-world evidence of how decade-long, no-fault protection works in practice.

The reform also places NSW within a wider national shift.

NSW is the third jurisdiction to put decennial cover into law. The ACT legislated for it in 2024, with the scheme taking effect in late 2025, and Victoria passed its own framework on 17 June. Between them, the three cover the majority of Australia's apartment market.

The reform commences once the legislation is proclaimed, which is expected in the coming weeks. From that point, developers of Class 2 residential apartment buildings can meet their statutory obligation with an approved decennial policy in place of the bond.

Buyers who purchased into projects that took out the cover early are among the first in the country to take keys to apartments carrying decade-long structural protection.

“With the legislation passed, the focus now turns to making it work for buyers,”&nbsp;Nugent said.

“There are already thousands of apartments in NSW covered by this insurance, bought by developers who moved early. The question every buyer should be asking in a display suite is a simple one: does this building come with 10-year defect cover, and who stands behind it?&nbsp;

“We look forward to working with the Government and the Building Commission in coming weeks as the framework moves to implementation, and to sharing what we have learned over the past four years so the protection reaches owners as smoothly and quickly as possible.”

Other states are working through their own reform programs. Western Australia has indicated that decennial cover is within consideration a later stage of its reform sequence, and Queensland has been examining the settings as it looks at the development pipeline ahead of the 2032 Olympics.

Resilience Insurance acknowledges the NSW Government’s continued focus on strengthening consumer protection while supporting housing delivery across the State.

Fast Facts: What the reform means

<ul style="color:#222222; font-family:Arial, Helvetica, sans-serif; font-size:small; font-style:normal; font-variant-ligatures:normal; font-weight:400; text-align:start; white-space:normal; background-color:#ffffff; text-decoration-thickness:initial; text-decoration-style:initial; text-decoration-color:initial">
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Proven at scale:&nbsp;Decennial cover has operated in NSW since 2022, protecting thousand of apartments.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">10 years of cover:&nbsp;Protection for major structural defects runs for a decade from completion, claimable directly and with no legal action required.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">An alternative to the bond:&nbsp;Eligible developers can meet their statutory obligation with an approved decennial-style policy in place of the 2% strata building bond.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Part of a national shift:&nbsp;The ACT has had decennial provisions in force since 2025 and Victoria passed its framework in June. NSW now joins them.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">No-fault, first resort:&nbsp;Owners corporations claim directly from the insurer without first having to establish who is liable for the defect.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Cost-competitive:&nbsp;At approximately 1.8% of build cost, LDI is typically priced below the 2% bond while offering broader, longer protection.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Market position:&nbsp;Resilience originated LDI in Australia and has delivered it in NSW since 2022.</li>
</ul>

Fast Facts: What is Resilience LDI?

<ul style="color:#222222; font-family:Arial, Helvetica, sans-serif; font-size:small; font-style:normal; font-variant-ligatures:normal; font-weight:400; text-align:start; white-space:normal; background-color:#ffffff; text-decoration-thickness:initial; text-decoration-style:initial; text-decoration-color:initial">
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Resilience Latent Defects Insurance (LDI):&nbsp;Covers major structural defects for 10 years from completion.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Consumer-first:&nbsp;Direct claim access, no need for lengthy legal action.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Cost advantage:&nbsp;At approximately 1.8% of build cost, LDI is typically priced below the traditional 2% Strata Bond while offering broader protection.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Market leader:&nbsp;&nbsp;Resilience Insurance originated LDI in Australia and is the national market leader.</li>
</ul>

Joel Robinson

NSW parliament passes 10-year defect insurance laws for new apartment buyers

Builder-developer <a href="https://www.apartments.com.au/developers/mcnab-developments">McNab</a> has wasted little time reshaping one of South Brisbane's most significant undeveloped apartment sites after acquiring the property earlier this year.&nbsp;

McNab has lodged plans to scrap an existing approval for two 30-storey towers and instead deliver a single 28-storey residential building, preserving part of the site for a future development opportunity.

The proposal, lodged over <a href="https://www.apartments.com.au/new-apartments/64-peel-street-south-brisbane-qld-4101">64 Peel Street and 9 Cordelia Street</a>, is for a residential-led mixed-use development comprising 124 apartments above a landscaped podium, alongside a boundary realignment that preserves part of the land for a future residential project.

<img alt="First look: McNab resets decade-old South Brisbane approval with 124-apartment tower" data-entity-type="file" data-entity-uuid="743bf564-3f8f-45fc-b8d3-bbf18f5b628f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/mcnab%20Peel%20st%20podium.png?VersionId=EhCxGrVn_VFH3qTbKnI4WppGwaMnOn0t" />

Designed by <a href="https://www.apartments.com.au/architects/hayball">Hayball</a>, the development will deliver 119 two-bedroom and five three-bedroom apartments across 23 residential levels. A five-level podium will accommodate 135 car spaces, while the ground floor will include a 66 sqm commercial tenancy, an activated residential lobby with work-from-home spaces, and a publicly accessible landscaped plaza linking Cordelia and Peel streets.&nbsp;

Communal amenities will span Level 6 and the rooftop, including indoor and outdoor recreation spaces, a swimming pool, barbecue facilities, kitchen and dining areas, lawn space, sauna, steam room and yoga facilities.

The application also proposes a boundary realignment to create a standalone 1,290 sqm development lot while retaining an adjacent parcel for future redevelopment, allowing the balance of the site to contribute additional housing over time.

Hayball said the architecture has been shaped by the site's elevated corner position at the intersection of Peel and Cordelia streets and Brisbane's subtropical climate.

The design incorporates generous landscaped setbacks, a masonry podium wrapped with planting, large north-facing balconies, and a slender tower profile intended to maximise natural light, cross ventilation and long-range views. The rooftop has been conceived as a wellness-focused retreat overlooking Brisbane, with amenities positioned to capture views towards Mount Coot-tha and the CBD.

<img alt="First look: McNab resets decade-old South Brisbane approval with 124-apartment tower" data-entity-type="file" data-entity-uuid="c5f99e84-6ad8-4a87-82d1-869685b754d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/mcnab%20tower%20perspective.png?VersionId=Gw0IuJaSAlk.tvGBxInhZOcQAdIB..2b" />

The planning submission positions the proposal as a response to both changing market conditions and Brisbane's Kurilpa Sustainable Growth Precinct planning reforms.

McNab acquired the site after the previous approval was granted, with the existing scheme no longer reflecting current residential market demands, economic conditions, construction challenges, construction efficiencies or the quality of development outcome now being pursued, the planning report noted.

McNab continues to expand its residential development pipeline across Brisbane and the Gold Coast. The developer recently launched The Tannery in West End, securing more than 60 per cent of apartments before the project's public release. It is also delivering Elements Budds Beach in Surfers Paradise and Lucia Highgate Hill, an eight-apartment boutique development overlooking the Brisbane River.

McNab resets decade-old South Brisbane approval with 124-apartment tower

A steeply sloping Bellevue Hill site is set to accommodate a new mid-rise apartment development, with plans lodged for 20 homes that respond to the site's dramatic topography.

The proposal for the consolidated land at <a href="https://www.apartments.com.au/new-apartments/138a-140-bellevue-road-bellevue-hill-nsw-2023">138A-140 Bellevue Road</a> has been designed by Sydney architecture practice Common Office, which has used the site’s substantial fall to distribute the building’s scale and unlock 20 apartments without presenting the full height to the street.&nbsp;

“The unique design strategy leverages the site’s substantial topographical fall to facilitate increased density, presenting a seven-storey profile to Bellevue Road while rising to 10 storeys at the rear,” Common Office said in its architectural design report.

The apartment mix spans one, two, three- and four-bedroom residences. Four two-bedroom apartments are designated as affordable housing, while the plans also include two adaptable dwellings. The mix is majority three-beds, with the typical three-bed apartment offering around 144 sqm internally, with balconies of around 15 sqm.

The affordable housing component represents 15 per cent of the residential floor area and allows the project to access additional height and floor space under the NSW Government’s in-fill affordable housing provisions. The site also falls within the inner area of the Low and Mid-Rise Housing Policy because it is within 400 metres walking distance of Double Bay Town Centre.

<img alt="First Look: Plans lodged for topography-led affordable housing project in Bellevue Hill" data-entity-type="file" data-entity-uuid="b1230d0f-3bfa-4a11-abaf-0928c66ef345" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bellevue%20da.png?VersionId=dZeMK3P.OutGjN8ycjsxm8uNsj_QFWQv" />

Common Office has arranged the building around a masonry podium and a lighter upper volume, drawing on two recurring elements of Bellevue Hill’s established architecture: sandstone bases and the vertical proportions of local Inter-war Art Deco apartment buildings.

“The proposal is governed by a holistic design language that reconciles the solid horizontal masonry of the neighbourhood’s podiums with the elegant verticality of its Art Deco heritage,” the architect said.

“The building maintains a consistent rhythmic logic utilising deep recesses and a sophisticated material transition to break down the 10-storey scale into a series of articulated, human-scale volumes.”

<img alt="First Look: Plans lodged for topography-led affordable housing project in Bellevue Hill" data-entity-type="file" data-entity-uuid="0147f503-1af1-4d51-97fb-c2f1cba63a9d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bellevue%20bldg.png?VersionId=GoW7q3NlK67OpnePXhk7zvklrlKb72Qc" />

Large-format sandstone tiles will define the lower levels, establishing a robust base that negotiates the change in elevation from Bellevue Road. Above, red-tinted precast concrete frames, recessed balconies, anodised aluminium screens and expanded metal details will create a more vertically expressed façade. Integrated planter beds will introduce greenery across balcony edges and recessed sections of the building.

The elongated northern façade has been divided into three recessed vertical masses to reduce its perceived length. Triangular window elements and metal privacy screens reference the geometry of nearby Art Deco buildings while controlling overlooking toward surrounding homes. The southern elevation will incorporate further privacy screening, landscaped edges and deep balconies to maintain light and ventilation.

<img alt="First Look: Plans lodged for topography-led affordable housing project in Bellevue Hill" data-entity-type="file" data-entity-uuid="e8679cf1-18bc-4447-8a0f-0052b94ab83c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bellevue%20da%20rooftop.png?VersionId=5SQqQqRFf76rvE2p1TbxJSweMN70AIbc" />

Private and communal landscaping is distributed throughout the development. A landscaped garden apartment is positioned within the lower portion of the site, while a communal terrace on Level 5 will include a central timber deck, barbecue facilities, resident planting plots and areas for outdoor dining and informal gatherings.

Common Office described the terrace as an elevated sanctuary designed to capture district views and sunlight. Its planting strategy incorporates endemic species associated with the Eastern Suburbs Banksia Scrub, extending the landscape vertically through the building and providing habitat for local flora and fauna.

A second communal outdoor area is proposed at roof level, with built-in seating, paved gathering areas and perimeter planting.

Bellevue Hill is enjoying renewed momentum in the new apartment market, with several boutique developments recently launched and currently under construction. Positive Investment Enterprise is delivering the 16-apartment Kew Palm House on Birriga Road, while Chanine Developments is also under construction at Florian, a 36-apartment project on Banksia Road.

&nbsp;

Bellevue Hill is enjoying renewed momentum in the new apartment market, with several boutique developments recently launched and currently under construction.

First Look: Apartment development pitched for Bellevue Hill, Double Bay fringe

South Brisbane's apartment pipeline continues to build momentum, with <a href="https://www.apartments.com.au/developers/trk-property-group">TRK Property Group</a> lodging plans for a 161-apartment tower on Montague Road as developers accelerate investment across the Kurilpa Sustainable Growth Precinct.

The proposal for 176–186 Montague Road would replace an existing office building with a 20-storey residential tower designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, adding to a growing pipeline of high-density projects reshaping one of Brisbane's fastest-evolving inner-city precincts.

The project has been conceived as a "living building", featuring a flowing tower form, extensive vertical landscaping, and generous communal spaces that respond to the evolving Kurilpa Sustainable Growth Precinct.

TRK Property Group Development Director Matt Kan said the project reflected the confidence developers have in South Brisbane's long-term future.

"South Brisbane is entering an incredibly exciting period, and we see Montague Road sitting right at the heart of that evolution," Kan said.

"With the former Visy site directly opposite us and significant investment planned throughout the broader Kurilpa precinct, there is a real sense of momentum around this part of the city and what it will become over the coming years.

"For TRK, this is an opportunity to be part of that next chapter and deliver a project that responds to where the precinct is heading, while contributing to the continued evolution of Brisbane's river edge."

<img alt="First look: TRK Property joins South Brisbane apartment surge with Montague Road tower plans" data-entity-type="file" data-entity-uuid="590fe1ad-f892-4446-a679-80e33a16d029" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/TRK%20tower%20facade.png?VersionId=uOJStrcKpyHFcPE1w6_9SMAFzVMCcZll" />

The scheme includes a mix of one, two, three and four-bedroom apartments, incorporating multi-purpose rooms in selected residences to provide additional flexibility for home offices or expanded living areas. The proposed mix comprises 15 one-bedroom, 13 one-bedroom plus MPR, 73 two-bedroom, 26 two-bedroom plus MPR, 30 three-bedroom, and four four-bedroom apartments.

Rather than adopting a conventional rectilinear tower, COX Architecture has developed a sculpted form inspired by the movement of the Brisbane River.

"The proposal has been designed by COX Architecture as a 'living building' that responds to the site's riverine setting, floodplain history and evolving urban context within the Kurilpa Sustainable Growth Precinct," the planning report states.

"The architectural form draws from the fluid nature of the Brisbane River, with a curved and undulating tower form that creates a varied architectural edge and avoids a conventional rectilinear tower expression."

The podium has also been designed as an architectural feature rather than a conventional parking structure, with cascading planting, screening and natural-toned materials softening its appearance. Resident parking is elevated above ground level to address the site's flood constraints, while habitable apartments sit above flood planning levels. Upper-level communal facilities are designed to accommodate shelter-in-place arrangements during major flood events.

<img alt="First look: TRK Property joins South Brisbane apartment surge with Montague Road tower plans" data-entity-type="file" data-entity-uuid="01fa15d0-90df-46c7-9555-7941fc45373c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/TRK%20podium.png?VersionId=mHyua.w1pHGBt9qEdWzrlsv.leztUCwO" />

Communal amenity is a major focus of the proposal. Around 1,815 sqm of shared resident space is proposed across the ground floor, level 19 and the rooftop, including co-working areas, indoor and outdoor recreation spaces, wellness facilities, dining and gathering areas, lawn spaces, a rooftop pool and spa, and extensive landscaping. At street level, a landscaped forecourt and approximately 345 sqm of publicly accessible open space along Montague Road are intended to improve the pedestrian experience while activating the building's frontage.

The development will provide 163 car spaces, including 152 resident bays and 11 visitor spaces, together with 144 bicycle spaces incorporating resident storage, visitor parking, bicycle maintenance facilities and e-mobility charging infrastructure.

The site sits within one of Brisbane's fastest-changing inner-city precincts, less than two kilometres from the CBD and within easy reach of South Bank, West End, the Queensland Cultural Centre and extensive public transport connections. The Kurilpa Sustainable Growth Precinct planning framework is encouraging higher-density residential development to help meet Brisbane's housing supply targets while supporting walkable, transit-oriented neighbourhoods.

TRK Property joins South Brisbane apartment surge with Montague Road tower plans

Article summary

<ul data-end="785" data-start="311">
	<li data-end="459" data-section-id="5hbcyr" data-start="311">Pikos Group has released the five-penthouse collection at Skye Kangaroo Point, headlined by a two-storey sky home spanning more than 1,000 sqm.</li>
	<li data-end="561" data-section-id="1p7lq8n" data-start="460">Early buyer interest suggests the residences could set a new Queensland apartment price record.</li>
	<li data-end="667" data-section-id="1y70z0l" data-start="562">The collection includes four move-in ready penthouses and the highly customised Skye One residence.</li>
	<li data-end="785" data-section-id="yvm0y1" data-start="668">The release caps one of Bri​sbane's most ambitious luxury apartment developments overlooking the Brisbane River.</li>
</ul>

<hr data-end="790" data-start="787" />
Pikos Group has released the five-penthouse collection at its <a href="https://www.apartments.com.au/buildings/skye-residences-by-pikos-kangaroo-point-8-river-terrace-kangaroo-point-qld-4169">Skye by Pikos</a> development in Kangaroo Point, with early buyer interest indicating the flagship residences could eclipse every apartment sale previously recorded in Queensland.

The collection crowns the luxury riverfront development with five residences, including four completed penthouses and Skye One, a two-level sky home spanning more than 1,000 sqm that will be tailored to its eventual owner.

[smartcode_project:default project_id=90059 project_image_fid=374075]

Wanting to offer a fully customisable home, Pikos is offering Skye One as a blank canvas, allowing the buyer to work alongside the developer's design team to customise the home's layout, finishes and internal spaces.

The residence will feature a 247 sqm private rooftop terrace with its own swimming pool, sauna, steam room, outdoor kitchen and multiple entertaining areas overlooking the Brisbane River and CBD skyline.

The remaining four penthouses have been completed and are ready for immediate occupation, each offering four bedrooms, expansive open-plan living areas, soaring ceilings and private lift access.

[smartcode_project:default project_id=90059 project_image_fid=374059]

One of the defining features throughout the project is its use of Roman Classic Travertine, with more than 20,000 sqm of the natural stone imported from Italy after being personally selected by Pikos Group Founder and Executive Director Pedro Pikos, interior designer Julie Williamson and third-generation stone specialist Mario Caucci.

Pikos said the penthouse collection represented the culmination of the company's long-term vision for Skye.

"True legacy isn't measured by what we build today, but by what endures tomorrow," Pikos said.

"Our ambition is to create places that become more valuable with time, enrich the lives of generations, and stand as timeless landmarks long after we've stepped away."

[smartcode_project:default project_id=90059 project_image_fid=374060]

Williamson said the interiors were inspired by the natural character of Kangaroo Point and the Brisbane River rather than international design trends.

"Materiality tells the story of a place," Williamson said.

"We looked to the movement of the Brisbane River, the texture of the cliff face and the warmth of the surrounding landscape to create interiors that feel understated, enduring and unmistakably Brisbane."

Positioned above the Kangaroo Point cliffs, Skye places residents within walking distance of Howard Smith Wharves, South Bank and James Street while offering uninterrupted river and city views.

[smartcode_project_cta:default project_id=90059]

Brisbane's next apartment price record? Pikos unveils Skye's exclusive penthouse collection

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?

Boutique apartment developer&nbsp;Alroe&nbsp;is currently delivering the most luxurious apartment project in <a href="/developments/main-beach-qld-4217">Main Beach</a> right now.

Different to what would be classed as a typical apartment development, the residences at Lune have been designed to be more like exclusive villas, with just six apartments in the building, located on the fringe of Broadwater and only a short walk from Tedder Avenue.

[smartcode_project:default project_id=146373 project_image_fid=297482]

<a href="/new-apartments/lune-main-beach-19-21-rankin-parade-main-beach-qld-4217">Lune</a> marks the latest milestone in Alroe’s reputation as a leader in low-density developments. With over 13 years of experience across South East Queensland, <a href="/developers/alroe-constructions">Alroe</a> has delivered exceptional homes under its own brand, as well as for other developers, through its in-house construction arm, Alroe Constructions.

We recently visited the Lune site and spoke with Tye Alroe about the project, alongside <a href="/project-marketer/new-property-agent-qld-npa">NPA Projects</a> Director Andrew Erwin, who is overseeing the sales and marketing of the apartments.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/pUFkz6F0q4I?si=Do1_3Ayooj6MfxMT" title="YouTube video player" width="560"></iframe>

“We designed this architectural building to truly bring the outside in,” Alroe said, adding that the structure's half-moon design was inspired by the ebb and flow of the tides in Main Beach.

The apartments at Lune start from nearly 300 sqm and each have three bedrooms, three and a half bathrooms, and three parking spaces.

Both of the ground-level apartments, and the two two-level penthouses, each have their own private swimming pools.

[smartcode_project:default project_id=146373 project_image_fid=297498]

Andrew Erwin says&nbsp;Lune delivers exactly what the Main Beach market has been seeking.

“Main Beach is evolving into a luxury destination with a growing demand for boutique, high-quality residences like these,” Erwin explained.&nbsp;

&nbsp;

[smartcode_project:default project_id=146373 project_image_fid=297485]

Construction is well underway, with the building set to top out by Christmas 2024 and handovers expected by mid-2025.&nbsp;

Not since The Monaco, which all-but sold out several years ago, has there been an opportunity to buy something of this luxury and scale in Main Beach.

[smartcode_project_cta:default project_id=146373]

Andrew Erwin says Lune delivers exactly what the Main Beach market has been seeking.

"Exactly what the market has been seeking": Inside Lune Main Beach, the epitome of luxury living in Main Beach

Developer&nbsp;<a href="/developers/wickton">Wickton</a> has officially commenced construction on Linacre Rise, their new apartment development in Hampton.

<a href="/builders/balmain-co">Balmain &amp; Co.</a>&nbsp;will handle the build of the boutique project at&nbsp;8-10 Linacre Road, 27 two and three-bedroom apartments near Linacre Private Hospital and within close proximity to Peace Park, Sandringham Golf Club, and Sandringham Beach.&nbsp;

[smartcode_project:default project_id=95289 project_image_fid=229694]

Designed by architecture firm <a href="/architects/ewert-leaf">Ewert Leaf</a>, the low-rise development aims to blend modern living with energy efficiency and sustainability. The landscape architecture is by John Patrick Landscape Design, adding natural elements to the project.

The design of <a href="/new-apartments/linacre-rise-hampton-8-10-linacre-road-hampton">Linacre Rise</a> emphasises environmentally responsible living. Solar panels have been incorporated into the design to reduce dependence on traditional energy sources, potentially lowering electricity bills and minimising the carbon footprint of residents.&nbsp;

Shared electric vehicle charging stations and a rainwater harvesting system for landscape irrigation further demonstrate the development's focus on sustainability.

[smartcode_project:default project_id=95289 project_image_fid=229695]

Internally, the apartments offer sophisticated and functional living spaces. Kitchens are equipped with natural stone benchtops, premium joinery, and expansive island benches, complemented by herringbone timber floors and sleek wall panelling throughout the living areas.&nbsp;

The location of Linacre Rise offers residents easy access to a variety of local amenities, 250m from&nbsp;<a href="/developments/hampton-vic-3188">Hampton</a>&nbsp;Beach,&nbsp;benefits from nearby public transport, and a range of educational institutions.&nbsp;

Construction of Linacre Rise is expected to be completed in late 2025.

[smartcode_project_cta:default project_id=95289]

Construction of Linacre Rise is expected to be completed in late 2025

Construction commences at Linacre Rise, new Hampton apartments

Sculpt in Hawthorn has been recognised with the Best Apartment Architectural Design Award (Victoria) at the Property Guru Asia Property Awards 2024.

<a href="/new-apartments/sculpt-hawthorn-43-riversdale-road-hawthorn-vic-3122">Sculpt</a>, just 18 apartments being developed by Monolith Projects, was designed in a collaboration between architecture firm&nbsp;<a href="/architects/parallel-workshop-architecture">Parallel Workshop</a>, popular interior studio&nbsp;<a href="/interior-designers/mim-design">Mim Design</a>, and renowned landscape architect <a href="/landscape-architect/jack-merlo">Jack Merlo</a>.

The building is&nbsp;defined by its neutral brick palette and bronze detailing, reflecting a sense of timelessness and connection to nature.

&nbsp;

&nbsp;

[smartcode_project:default project_id=144271 project_image_fid=279489]

The sculptural form of the building complements the leafy character of <a href="/developments/hawthorn-vic-3122">Hawthorn</a>, a feature emphasised by Miriam Fanning of Mim Design, who notes the neutral interior palette mirrors the natural beauty of the neighbourhood.

The development comprises offers two, three, and four-bedroom options, each focussed on indoor-outdoor living.&nbsp;

Floor-to-ceiling windows capture views while maximising natural light, further blending the interiors with the surrounding landscape.&nbsp;

[smartcode_project:default project_id=144271 project_image_fid=279492]

Inside, the apartments are outfitted with a variety of high-end details, including bespoke integrated bars, custom display plinths, and electric fireplaces.&nbsp;

Kitchens feature natural marble island benches and Miele appliances, while master bedrooms offer hotel-inspired designs, complete with walk-in robes and bespoke dressers.&nbsp;

&nbsp;

[smartcode_project:default project_id=144271 project_image_fid=279494]

Outside, the landscaping by Jack Merlo incorporates over 2550 plants, reflecting the local environment while ensuring a low-maintenance lifestyle for residents.

Sustainability is also a key component of the design, with a 10 kW solar system planned for the rooftop, provisions for electric vehicle charging, and a 27-kL rainwater tank for stormwater collection.

Jellis Craig Projects Director Stephen Bowtell is marketing Sculpt.

[smartcode_project_cta:default project_id=144271]

Sculpt Hawthorn wins Best Apartment Architectural Design Award

Quietly positioned among the leafy streets and million-dollar homes of Rochedale, national developer&nbsp;<a href="/developers/metro-property-group">Metro Property </a>is bringing a fresh offering to the booming suburb with its new development, Citrine Townhomes.

With townhouses comprising just six per cent of Rochedale’s dwellings, <a href="/new-apartments/citrine-townhomes-rochedale-311-gardner-road-rochedale">Citrine Townhomes</a> presents a rare opportunity for families seeking an alternative to traditional detached homes, without compromising on size, lifestyle, amenities or location.

Known for its premium real estate, <a href="/developments/rochedale-qld-4123">Rochedale</a> is home to luxury properties set amid green spaces, top-tier schools, and a wide range of amenities. As one of Greater Brisbane’s fastest-growing suburbs, it continues to attract families and professionals drawn to its peaceful atmosphere and excellent connectivity.

[smartcode_project:default project_id=136295 project_image_fid=273135]

&nbsp;

The 90 three and four-bedroom townhouses at Citrine are centrally located, a short walk to&nbsp;Rochedale Village.&nbsp;Anchored by a large Coles supermarket, the village also features dining options, medical services, pharmacies, and fitness facilities, all within 500 metres of the development.&nbsp;

For broader retail and entertainment options, Westfield Garden City is less than five minutes away by car, boasting over 400 specialty stores, event cinemas, and dining establishments.

Future upgrades to Rochedale Town Centre promise an even greater array of amenities, including a new supermarket, additional retail and dining options, and improved pedestrian access.&nbsp;

[smartcode_project:default project_id=136295 project_image_fid=273134]

Flying Pepper and Hutongli Restaurant are some of the nearest dining options from Citrine, en route to several parks that are dotted around the neighbourhood.

Pask Family Park, Kev Vanstone Park, Strawberry Fields Place, and Fischer Family Park are some of the nearby parks with playgrounds within a 15-minute walk from Citrine.

The suburb's educational infrastructure further underscores Rochedale’s appeal as a family-friendly destination, offering a range of highly regarded schools, such as Rochedale State School, Redeemer Lutheran College, and St Peters Catholic Primary School, all located within a short drive.

[smartcode_project:default project_id=136295 project_image_fid=273139]

The suburb’s strategic location also ensures easy access to key employment hubs, including Brisbane Technology Park, Garden Square Office Park, and the light industrial precincts of Underwood and Springwood.&nbsp;

Major institutions like Griffith University’s Nathan and Mt Gravatt campuses and QE2 Jubilee Hospital are also within a 15-minute drive, making Rochedale ideal for professionals and students alike.

Construction of Citrine Rochedale has commenced through&nbsp;<a href="/developers/creation-homes">Creation Homes</a>, Australia’s largest semi-detached builder.&nbsp;

&nbsp;

Citrine is slated for completion in late 2025.

[smartcode_project:default project_id=136295]

Rochedale continues to attract families and professionals drawn to its peaceful atmosphere and excellent connectivity

Why families are descending on Citrine Townhomes in Rochedale

<a href="/developers/forte-group">Forte Group</a>’s commitment to excellence goes beyond strategic site acquisition—its <a href="/new-apartments/nexus-apartments-thomastown-240-high-street-thomastown">Nexus Apartments</a> project is a true reflection of the location.

Designed by the award-winning <a href="/architects/hachem-and-cornetta-partners-architects">Hachem Architecture</a> in collaboration with Cornetta Partners, the development consists of two five-level buildings at 240 High Street, just steps from the town’s historic 1880s train station.

The proximity to the railway isn’t merely a convenience; it has been integrated into the design, enhancing both accessibility and the overall living experience.

[smartcode_project:default project_id=29208 project_image_fid=89943]

Large, carriage-shaped windows further reinforce this connection, offering residents views that recall the romance of rail travel.

The architectural concept goes beyond aesthetics, incorporating practical considerations. The ground-level facade of the buildings is designed to reflect the flow of the railway, with the two structures appearing to slide past each other like trains on parallel tracks.&nbsp;

The transition from the exterior to the interior is marked by a careful blend of materials, creating a connection between the facade and the lobby’s textured design elements.

[smartcode_project:default project_id=29208 project_image_fid=89951]

Inside, the apartments are designed to be both functional and a refuge from the busy world outside.&nbsp;

The interiors feature soft edges and bold shapes that tie into the overall architectural theme, with finishes and fixtures selected for their practicality and stylish appeal.

Large windows and expansive outdoor spaces allow natural light to flood the living areas, offering views of both the urban landscape and the surrounding suburban greenery.&nbsp;

The kitchen is equipped with premium Bosch stainless steel appliances, including a 60 cm four-burner gas cooktop, oven, and matching dishwasher, combining practicality with refined style.

[smartcode_project:default project_id=29208 project_image_fid=89950]

A stone benchtop and splashback with laminate cabinetry and a single-bowl undermount sink complete the contemporary design.

The bathrooms maintain this high standard, featuring brushed finish fixtures, glass shower screens, and vitreous china basins. Floor and wall tiles create a streamlined, low-maintenance aesthetic.

The bedrooms are spacious, with timber or carpet flooring, built-in robes, and LED lighting that enhances the overall atmosphere.

[smartcode_project:default project_id=29208 project_image_fid=89946]

The public space at the centre of the development enhances the sense of community. This bustling area, located between the two buildings, is designed as a dynamic hub where residents and visitors can gather.

Retail offerings on the ground floor will include cafes, with seating spilling into the open courtyard. The space is intended to evolve, with potential for events such as musical performances, pop-up bars, and art installations.

“As Architects and designers, we want to create places that endure. With Nexus, we think we’ve produced a landmark building that people will be happy to return to for years to come," Fady Hachem, Principal Director of Hachem Architecture, said.

[smartcode_project:default project_id=29208 project_image_fid=89942]

The development’s location, with easy access to the <a href="/developments/thomastown-vic-3074">Thomastown</a> train station and key roads, ensures convenient movement between Melbourne’s CBD and the northern suburbs.&nbsp;

Nexus Apartments is on track to complete in early 2025.

[smartcode_project_cta:default project_id=29208]

The architectural concept goes beyond aesthetics, incorporating practical considerations

Forte Group's design-led approach to Nexus Apartments, Thomastown

Pymble has long been regarded as one of the North Shore's best suburbs.

Dominated by large house estates and most popular with families given the proximity to some of Sydney's best schools, Pymble is an affluent, family-friendly suburb offering a peaceful, suburban lifestyle.

The best street?&nbsp;Telegraph Road.

There have been nine sales over $5 million in the last five years. The street record was set earlier this year when a 2021-built home sold for just over $8 million.

Telegraph Road delivers the best of <a href="/developments/pymble-nsw-2073">Pymble</a>, a leafy street with large estate, but with the added value of close proximity to the Pacific Highway and Mona Vale Road.

At the Eastern end of Telegraph Road, local developer <a href="/developers/harvie-group">Harvie Group</a> secured over 3,000 sqm and is delivering <a href="/new-townhouses/coachwood-pymble-76-telegraph-road-pymble">Coachwood</a>, some of the only townhouses in the suburb.

[smartcode_project:default project_id=146554 project_image_fid=296344]

Of the 4,000 homes in Pymble, less than 100 are a townhouse, the last census showed.

The rarity of such a development hasn't been lost on locals, with three of the 10 townhouses already snapped up.

The townhouses have been designed to cater for the downsizer. Each have three bedrooms, three bathrooms, a fireplace, and outdoor enteratining areas.

Some residences offer the buyer to include a private lift.

[smartcode_project:default project_id=146554 project_image_fid=296345]

Future residents of Coachwood will be a short walk from&nbsp;local boutiques, cafés, and restaurants, which are increasing in number.

Public transport options are also easily accessible, with Pymble Train Station just minutes away.

Down the road is the&nbsp;Dalrymple-Hay Nature Reserve, where the Browns Forest loop trail offers an unspoilt walking experience amid the Blue Gum forest, and the&nbsp;revered Pymble Golf Club is a five-minute drive.

Bobbin Head, located 18 minutes away, provides further opportunities for outdoor activities, including bushwalking, fishing, and picnicking.

[smartcode_project:default project_id=146554 project_image_fid=316592]

Coachwood is also well-positioned near top educational institutions, including Sacred Heart Pymble Primary School, Pymble Public School, and Pymble Ladies’ College.

Construction firm&nbsp;<a href="/builders/dilcara">Dilcara</a> has already commenced construction of Coachwood, and is estimating a late 2025 completion.

[smartcode_project_cta:default project_id=146554]

Future residents of Coachwood will be a short walk from local boutiques, cafés, and restaurants, which are increasing in number

Telegraph Road set to score Pymble rare new townhouse development

Recent Gold Coast downsizers Kim and Adam Crawford didn't just settle for one apartment in Nera, one of the new apartment developments on <a href="/developments/chevron-island-qld-4217">Chevron Island</a>.

The Gold Coast locals first bought a three-bedroom apartment in the Parneno Street building, which will be their new home. Impressed with the value on offer, they also secured a two-bedroom apartment.

“My husband and I were nervous about moving from our larger home to a sky home, fearing that we might feel rather claustrophobic," Kim, who hails from Wimbledon in England, says.

"However, Nera’s wow factor pleasantly surprised us, and we don’t feel that this change is like downsizing at all."

[smartcode_project:default project_id=108640 project_image_fid=259355]

As an entrepreneur running her own beauty business from home, Kim was delighted Nera offered the prospect of still being fully equipped to operate her business and continue doing what she loves.

“We were in total awe of the stunning scenery that surrounds us, with a little bit of everything from the hinterland, river to the ocean, it’s truly breathtaking.”

While some living space is sacrificed, residents benefit from significant amenity, which was a big attraction to Kim.

“I cannot speak more highly of the rooftop amenities, the pool that overlooks Surfers, a yoga platform, and plunge pools are a few indulgences that I love about Nera.”

[smartcode_project:default project_id=108640 project_image_fid=253873]

The resident’s roof deck has 360-degree views along with amenities including an infinity rooftop pool, wellness spas, a fitness centre, residents’ private dining, sky lounges with fire pits, and a yoga platform.

<a href="/new-apartments/nera-residences-chevron-island-8-10-parneno-street-chevron-island">Nera</a>, developed by <a href="/developers/bastion">Bastion Property Group</a>, comprises 81 apartments, six sky homes, and a full-floor penthouse.

Construction has commenced. Nera is expected to be completed in 2026.

[smartcode_project_cta:default project_id=108640]

Nera, developed by Bastion Property Group, comprises 81 apartments, six sky homes, and a full-floor penthouse

From Wimbledon to Chevron Island: Urban Buyer Q&A

It's been well documented that the Brisbane unit market has been one of the strongest property markets in Australia in 2024.

Only bettered by Perth, the growth in the unit market in <a href="/developments/brisbane-qld">Brisbane</a> has been the strongest it has been in around four decades, exclusive data from property data analytics company CoreLogic found

You'd have to go <a href="/news/qld/brisbane-units-growing-at-fastest-rate-since-1988">back to the 1980s</a> to find a better year of growth.

The tight supply in both the established and off the plan market has driven the growth in both segments. When there has been new projects launched in 2024, which have been few and far between, the apartments have been snapped up.

While there are several key developments that have been submitted to the Brisbane City Council, and approved, over the course of 2024, it's difficult to know when those large-scale projects will go to market given the complexities in the built environment in South East Queensland.

In this article, we take a closer look at the&nbsp;what, the&nbsp;who, and the&nbsp;where&nbsp;of the best new apartment developments launching in Brisbane in 2025.

<h2>What: Callista on Park</h2>

<h2>Where: 111 Boundary Street, West End QLD 4101</h2>

<h2>Who: Sekisui House Australia</h2>

After nearly a decade of redefining the apartment landscape in <a href="/developments/west-end-qld-4101">West End</a>, <a href="/developers/sekisui-house-australia">Sekisui House Australia</a> is set to pull the final curtain at its $1.2 billion, multi-award-winning West Village community.

The final tower, <a href="/new-apartments/callista-on-park-west-end-49-mollison-street-west-end">Callista on Park</a>,&nbsp;will have 96 two, three and four-bedroom apartments and a roof terrace with an infinity pool edge, a wellness area, dining areas, and an open-air conservatory, all of which will be surrounded by landscaping and extensive city views.

<img alt="Callista" data-entity-type="file" data-entity-uuid="a1d31f65-f46f-4b84-a972-956a7ba6e00d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-11-28%20at%2010.18.21%E2%80%AFAM.png?VersionId=BY_11kYw4SM8LcmOaOvULHBWX7B6BtVy" />

Renowned architecture firm Rothelowman has designed Callista, having previously been the lead architect for the village's penultimate stage, The Allere Collection, where there are just a handful of apartments remaining.

The Opulnet Collection has the largest floorplans that have been produced in the now thriving community. There are four and five-bedroom configurations on offer, with internal living spaces ranging from 184 sqm to 300 sqm.

[smartcode_project:default project_id=114215 project_image_fid=257538]

<a href="/new-apartments/the-allere-collection-west-village-mollison-street-west-end">The Allere Collection</a> will finish construction in early 2025, paving the way for Callistra construction to start later in the year.

<h2>What: One Hundred on Leichhardt</h2>

<h2>Where:&nbsp;100 Leichhardt Street, Spring Hill</h2>

<h2>Who: Dibcorp</h2>

Franco Di Bartolomeo's <a href="/developers/dibcorp-properties">Dibcorp</a> will be taking its redevelopment of the <a href="/developments/spring-hill-qld-4000">Spring Hill</a> Hotel to market in the coming months.

Dibcorp, who sold out Bide Newstead before its completion last year, will be launching <a href="/new-apartments/one-hundred-spring-hill">One Hundred on Leichhardt</a>, an 18-level tower above the former Spring Hill Hotel.

[smartcode_project:default project_id=142092 project_image_fid=314270]

As part of the development, Dibcorp will be restoring the old hotel which has fallen into disrepair in recent years.

Above the hotel, and new retail and commercial spaces will be 119 two and three-bedroom apartments.&nbsp;

To give buyers confidence, Dibcorp has already started construction on site at 100 Leichhardt Street, just down the road from Roma St Parklands and the convenience of Boundary Street that runs through from Brisbane Grammar School to the Howard Smith Wharves.

Milestone Property Group, led by veteran project marketer Jeremy Gilmore, will be handling the sales and marketing.

<h2>&nbsp;What: Two towers, 795 apartments</h2>

<h2>Where: 204 Alice Street, Brisbane</h2>

<h2>Who: Meriton</h2>

Harry Triguboff's apartment giant&nbsp;<a href="/developers/meriton" target="">Meriton</a> will be expected to launch its two-tower <a href="/new-apartments/204-alice-street-brisbane">Alice Street, Brisbane CBD development</a> next year, having secured approval for the&nbsp;$1.3 billion project in October.

There will be just under 800 apartments across the two skyscrapers,&nbsp;designed by their go-to architect in Queensland&nbsp;<a href="/architects/dbi">DBI</a>&nbsp;who has designed Meriton's recent Gold Coast portfolio.

<img alt="First look: Meriton's full plans for first Brisbane apartment development revealed" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-01-10%20at%208.44.57%20am.png?VersionId=7Vg2Y5kpSLuqC9s7YnnHzJ5lciB87Bzn" />

The towers will sit on the 5,485 sqm site directly across the road from the City Botanic Gardens from the Alice Street frontage. They will include a childcare centre, retail and food and beverage spaces, and communal open space facilities like swimming pools, an outdoor gym and play space on the level five podium level before it gives way to the main tower structure.

<h2>What: The Bedford by Mosaic</h2>

<h2>Where: 16-30 Prospect Street,&nbsp;Kangaroo Point</h2>

<h2>Who: Mosaic Property Group</h2>

Bulletproof builder-developer, <a href="/developers/mosaic-property-group" target="">Mosaic Property Group</a>, has two new projects set to launch in Kangaroo Point.

The most impressive is <a href="/new-apartments/the-bedford-by-mosaic-16-30-prospect-street-kangaroo-point">The Bedford by Mosaic</a>, 128 apartments above a full-line Woolworths on a Prospect Street site that has been vacant for over three decades.

<img alt="Mosaic" data-entity-type="file" data-entity-uuid="c108d7ce-fb95-40d7-bc3c-267d4db5b0f9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-11-28%20at%2012.03.43%E2%80%AFPM.png?VersionId=kW9khnSPUgM83ssVxwNBzadD.o0VL5os" />

Morris tweaked the plans they inherited from Woolworths' development arm Fabcot, bringing in <a href="/architects/cottee-parker-architects" target="">Cottee Parker</a> to revise the scheme to include more three and four-bedroom apartments.

The building will also have a gym on the podium level, with the majority of facilities, like a 20m pool, wellness space with sauna and ice plunge, golf simulator and kitchen and dining space, located on the rooftop.

<h2>What: 23-level tower, 126 apartments</h2>

<h2>Where: Linton Street, Kangaroo Point</h2>

<h2>Who: Mosaic Property Group</h2>

After The Bedford, Mosaic will no doubt be looking to take advantage of the boom around the Olympics precinct.

They have another site in Kangaroo Point, just one row back from The Gabba at <a href="/new-apartments/77-linton-street-kangaroo-point">77 Linton Street</a>, where they have approved plans for a 23-level, BDA Architecture-designed tower with 126 apartments.

They will be 80 two-bed and 46 three-bedroom apartments in the building that also borders Vulture Street.

<img alt="Linton" data-entity-type="file" data-entity-uuid="bd0d05f1-888d-4119-bbb3-5e98b65cc446" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-11-28%20at%2012.15.40%E2%80%AFPM.png?VersionId=7CmiFiqe69f4YjxgRe1gfYrrz.5P_igr" />

The level 24 rooftop will have a swimming&nbsp;pool, outdoor theatre area, barbecue areas, and a sauna.

BDA wrote in their planning documentation that the surrounding density of the "exceptional site" suggests it is the perfect location for the proposed development.

"The site’s prime location in close proximity to The Gabba Stadium provides an ideal opportunity to create long and short term accommodation options for sporting and entertainment events," BDA said.

In this article, we take a closer look at the what, the who, and the where of the best new apartment developments launching in Brisbane in 2025.

Brisbane's top five new apartment developments to go to market in 2025

The hot new apartment market in Palm Beach is set to receive another injection of luxury apartments in early 2025, with two recent approvals paving the way for more half and full-floor apartments near the beach.

Sydney-based developer <a href="/developers/chanine-developments">Chanine Developments</a> has been given the green light to develop its first project outside of New South Wales, while local developer <a href="/developments/palm-beach-qld-4221">Macquarie York</a> has its sights set on launching <a href="/new-apartments/cirrus-palm-beach-1101-gold-coast-highway-palm-beach">Cirrus</a> after its recent approval.

Earlier this year Chanine Developments secured a prime site across 1407 Gold Coast Highway and 402-404 The Esplanade, swiftly filing plans for a boutique eight-level building with 15 half-floor apartments and a massive five-bedroom penthouse with a private rooftop pool.

Read more:&nbsp;Palm Beach: <a href="/news/qld/palm-beach-the-most-indemand-off-the-plan-apartment-market-on-the-gold-coast">The most indemand off the plan apartment market on the Gold Coast</a>

<img alt="Sydney developer eyes Palm Beach luxury apartments" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-22%20at%204.38.57%20pm.png?VersionId=y4ALTq055_MU5Wgcg6pnUfQ6iLLkhQvj" />

Marwan&nbsp;Chanine&nbsp;said the vision&nbsp;is to bring the opulence of the Eastern Suburbs to&nbsp;<a href="/developments/palm-beach-qld-4221">Palm Beach</a>, in both finishes and aesthetics.

"The team is consistently looking across the entire eastern seaboard, and we've always loved Queensland,"&nbsp;<a href="/developers/chanine-developments" target="">Chanine</a>&nbsp;said of their first project outside of New South Wales.

"We're not building anymore coastline, so there's always value on the water."

<img alt="Chanine" data-entity-type="file" data-entity-uuid="98a968e1-568e-44cc-b141-32476bc91e2e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-11-27%20at%2010.20.14%E2%80%AFAM.png?VersionId=iRFhstOTIAPiff6GtQREYWsNuwu4JIby" />

Chanine has completed several developments across Sydney over the years, and is soon to launch a new project in Bellevue Hill, one of Sydney's most affluent suburbs.

The project is expected to hit the market in the first quarter of 2025.

Macquarie York is working toward an early 2025 launch of Cirrus, which also recently received approval from the Gold Coast City Council.

Cirrus is further south than the Chanine development, near the Palm Beach Surf Club and meeting the prestigous Jefferson Lane. It will comprise just 10 full-floor apartments and a two-level penthouse.

[smartcode_project:default project_id=22108 project_image_fid=312173]

Cirrus will also feature a level one recereation deck with a swimming pool and lounge area overlooking the ocean.

Macquarie York secured a height uplift for Cirrus, at 13 levels. Managing Director Roy Skaf highlighted the strong engagement from the Gold Coast City Council to get the project approved.

“I want to acknowledge the exceptional engagement from Gold Coast City Council Oﬃcers throughout the assessment process, and thank both the Planning &amp; Regulation Committee and Full Council for their overwhelming support of this landmark development," Skaf said.

"Their vision and support have been instrumental in bringing Cirrus to life.”

Macquarie York had Plus Architecture take the architectural lead for the development.

“Having experienced Plus Architecture’s design excellence capabilities on Nina Chevron Island and Sunset Residence in Surfers Paradise, we knew they could help us achieve something truly exceptional here," Skaf added.

"The result speaks for itself – Cirrus will be an iconic addition to Palm Beach’s skyline and sets new standards for sophisticated beachfront living on the Gold Coast.”

<img alt="Cirrus" data-entity-type="file" data-entity-uuid="24f97903-bc4d-4cae-9432-314759d35c6a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-11-27%20at%2010.25.29%E2%80%AFAM.png?VersionId=l4NNVnkqsAVVuyZ3954sY7YZrVIMrUx0" />

Plus Director Danny Juric said they approached the&nbsp;project as an opportunity to demonstrate how design excellence can transform a site into an architectural landmark.

"Our collaborative process with Council, often involving real-time design refinements sketched during meetings, helped us create a building that not only maximises resident amenity but makes a genuine contribution to Palm Beach’s urban fabric.”

“The building’s form is deliberately shaped to maximise setbacks and optimise views, while its street level interface creates a welcoming presence that strengthens Palm Beach’s emerging village heart.”

Palm Beach has been one of the most searched suburbs on Urban since the pandemic hit in early 2020, and its popularity hasn't abated.&nbsp;

The problem has only been surrounding stock, rather than demand. Projects back in 2021 and 2022 flew off the shelves and quickly sold out, leaving buyers waiting for the next available development, which wasn't forthcoming as the market went through a cycle of developers buying sites and submitting applications.

Luke Reaby from site amalgamation specialists GV Property Group says record revenues in the off the plan sector have renewed developer confidence, especially in beachside areas, making luxury projects the most feasilbe to deliver

Palm Beach has been one of the most searched suburbs on Urban since the pandemic hit in early 2020, and its popularity hasn't abated

Two new luxury apartment developments coming to Palm Beach in early 2025

The <a href="/developments/gold-coast-qld">Gold Coast</a> is set to see an exciting wave of new apartment developments completed in 2025, adding to the region's ever-growing skyline and reinforcing its reputation as one of Australia's most sought-after destinations for both investors and residents.

As demand for premium living spaces continues to rise, these seven new off the plan developments each offer a distinct style of living, ranging from island retreats and gated communities to absolute beachfront properties—and everything in between.

Several of these developments, marketed during and shortly after the pandemic, have attracted a significant portion of buyers from Sydney and Melbourne, many of whom plan to relocate to the Gold Coast upon completion or soon after.

In this article, we take a closer look at the what, the who, and the where of the best new developments completing on the Gold Coast in 2025.

<h2>What: Pipis</h2>

<h3>Who:&nbsp;SIERA</h3>

<h3>Where:&nbsp;303 Golden Four Drive, Bilinga QLD 4225</h3>

The best beachfront apartment development to complete next year is SIERA's <a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">Pipis</a> in <a href="/developments/bilinga-qld-4225">Bilinga</a>.

Just two half-floor apartments remain, not including the two-level penthouses which will be released to the market early next year.

[smartcode_project:default project_id=138311 project_image_fid=264300]

Pipis comprises just 17 apartments on the dress circle Golden Four Drive and will also feature&nbsp;a heated lap pool, gym, and sun lounge deck.&nbsp;

Around 65 per cent of the buyers so far have been from the Gold Coast and Brisbane, a mix of owner-occupiers, downsizers and investors, while 35 per cent have come from interstate, outside of Sydney and&nbsp;<a href="/developments/melbourne-vic" target="">Melbourne</a>.

[smartcode_project:default project_id=138311 project_image_fid=264308]

<a href="/builders/lps-group">LPS Group</a> has officially topped out Pipis, with the internal fit out coming soon which will see residents move in in early 2025.

<h2>What: Tapestry</h2>

<h3>Who:&nbsp;SIERA</h3>

<h3>Where:&nbsp;39 Darrambal Street, Chevron Island QLD 4217</h3>

<a href="/developers/siera">SIERA</a> is also working on <a href="/new-apartments/tapestry-chevron-island-39-darrambal-street-chevron-island">Tapestry</a> on Chevron Island, its debut Gold Coast apartment development.

The 22-level, <a href="/architects/bda-architecture">BDA</a>-designed tower comprises 113 apartments that have proven popular with downsizers and those from regional NSW and VIC.

[smartcode_project:default project_id=108641 project_image_fid=192961]

The rooftop is one of the best on the Gold Coast, with home to a private dining space and kitchen, which can be closed off, lounge and fire pit, yoga lawn, pool, spa and sundeck, barbecue and alfresco area, gym, sauna, steam room, and lounge area separated by extensive landscaping.

Tapestry was the first development SIERA took on in the Gold Coast, having spent several years building boutique townhouse developments in Brisbane's inner-ring.

[smartcode_project:default project_id=108641 project_image_fid=192964]

SIERA Founder Brent Thompson had been&nbsp;scoping out the Gold Coast market for 18 months before purchasing a prime 1500 sqm site on Darrambal Street.

On submitting plans for Tapestry in 2021, Thompson said&nbsp;<a href="/developments/chevron-island-qld-4217">Chevron Island</a>&nbsp;has a "great local community".

"It's a tight-knit community, while being ideally located just a five-minute walk from the international tourist hub of Surfers Paradise."

SIERA's in-house construction team is delivering Tapestry, a 22-level tower with 113 apartments just off the Thomas Street retail strip.

"We have always built in-house, so it was really more about building a team of experienced high-rise staff to deliver Tapestry as we always have as builder/ developer," Thompson says.

<h2>What: Capri</h2>

<h3>Who:&nbsp;Monaco Property Group</h3>

<h3>Where:&nbsp;81 Salerno Street, Isle Of Capri QLD 4217</h3>

<a href="/new-townhouses/capri-villas-81-salerno-street-isle-of-capri">Capri</a> will be the only major townhouse development to be completed in the heart of the Gold Coast in 2025.

More like a luxury villa community rather than the traditional townhouse, Capri, named after its location on the Isle of Capri, is being built by Greyburn on behalf of developer <a href="/developers/monaco-property-group">Monaco Property Group</a>.

Construction is on track for completion in late 2025.&nbsp;

[smartcode_project:default project_id=139511 project_image_fid=298833]

The gated Capri comprises&nbsp;48 two and three-level villas designed by <a href="/architects/plus-architecture">Plus Architecture</a> and BDA Architecture.&nbsp;

The villas have been cleverly oriented around central resort-style amenities like a resort-style pool,&nbsp;barbecue area, and a lounge with a kitchen and fireplace.

[smartcode_project:default project_id=139511 project_image_fid=298822]

Capri is just a short walk from the cafes and shops of Capri on Via Roma.

So far the villas have been popular with empty nesters from nearby suburbs, as well as from interstate early retirees.

<h2>What: Lagoon</h2>

<h3>Who:&nbsp;Drew Group</h3>

<h3>Where:&nbsp;11 Cronin Avenue, Main Beach QLD 4217</h3>

Jon Drew's <a href="/developers/drew-group">Drew Group</a> is progressing well in its twin-tower Main Beach development, <a href="/new-apartments/lagoon-main-beach-11-23-cronin-avenue-main-beach">Lagoon Main Beach</a>.

The $390 million development is currently under construction by building giant <a href="/builders/hutchinson-builders">Hutchison's</a>, who are expecting a Q3 2025 completion.

[smartcode_project:default project_id=108747 project_image_fid=224106]

Lagoon is the largest development in the area in three decades with 259 apartments.&nbsp;

Designed by Plus Architecture, Lagoon boasts premium amenities, including a central pool oasis, fitness centre, yoga deck and a business hub.

[smartcode_project:default project_id=108747 project_image_fid=221589]

It's attracted a wide variety of buyers, given it has offered one, two, three and four-bedroom apartments since its launch.

Lagoon Main Beach is around 85 per cent sold.

<h2>What: Lune</h2>

<h3>Who:&nbsp;Alroe Constructions</h3>

<h3>Where:&nbsp;19-21 Rankin Parade, Main Beach QLD 4217</h3>

Another development that will also be completed in <a href="/developments/main-beach-qld-4217">Main Beach</a>, less than 600 metres from Lagoon, is&nbsp;<a href="/developers/alroe-constructions">Alroe</a>’s boutique development, Lune.

<a href="/new-apartments/lune-main-beach-19-21-rankin-parade-main-beach-qld-4217">Lune</a> is a low-rise project comprising six half-floor apartments, each with nearly 300 sqm of living space.&nbsp;

[smartcode_project:default project_id=146373 project_image_fid=297482]

Each villa-style apartment includes three ensuite bedrooms, expansive outdoor areas, and private pools for the ground-level apartments and penthouses.

Designed to provide a spacious, laid-back coastal lifestyle, Lune has already garnered strong local and interstate interest.

[smartcode_project:default project_id=146373 project_image_fid=297485]

Alroe's in-house construction company, <a href="/builders/alroe-constructions">Alroe Constructions</a>, is handling the build. Construction began in May 2024, with completion anticipated in mid-2025.&nbsp;

<h2>What: Yves</h2>

<h3>Who:&nbsp;Hirsch &amp; Faigen</h3>

<h3>Where:&nbsp;7-9 Mermaid Avenue, Mermaid Beach QLD 4218</h3>

The sold-out <a href="/new-apartments/yves-mermaid-beach-7-9-mermaid-avenue-mermaid-beach">Yves Mermaid Beach</a> is Melbourne developer <a href="/developers/hirsch-faigen">Hirsch &amp; Faigen</a>'s third successful development on the Gold Coast. They debuted with Hemingway Palm Beach, before then completing Emerson in Kirra earlier this year.

Yves, their largest development on the Gold Coast, has 146 apartments across a 26-level building not far from the beach.

[smartcode_project:default project_id=102451 project_image_fid=186080]

They've had the same team throughout their Gold Coast journey, with <a href="/architects/rothelowman">Rothelowman</a> handling all the designs and Hutchinson's building each development

Hutchies is forecasting a mid-2025 completion of Yves, which features a&nbsp;gym, sauna, barbecue areas, and a rooftop lounge with ocean views.&nbsp;

In this article, we take a closer look at the what, the who, and the where of the best new developments completing on the Gold Coast in 2025

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