For the first time in a long time, Australia's inflation story is starting to look more like a landing than a fight.

The latest Consumer Price Index figures from the Australian Bureau of Statistics showed annual inflation eased to four per cent in May, down from 4.2 per cent in April. On the surface, that might not seem like a major move. Inflation remains above the Reserve Bank's target range and some categories continue to record stubborn price growth.

But the significance of this result lies less in where inflation sits today and more in what it means for where interest rates are likely heading next.

The biggest takeaway is that inflation continues to move in the right direction.

Markets had been bracing for another sticky result after a period where progress appeared to stall. Instead, headline inflation came in softer than expected, helped by falling fuel prices and easing transport costs. Annual transport inflation halved from 6.6 per cent in April to 3.3 per cent in May, while automotive fuel prices fell 11.9 per cent during the month following lower oil prices and the impact of reduced fuel excise measures.

While petrol prices don't solve Australia's affordability challenges, they are one of the most visible and immediate costs for consumers. Falling fuel costs feed through the economy quickly, helping ease pressure on household budgets and business operating expenses.

The ABS data also showed headline inflation is now sitting at its lowest annual level in several months, reinforcing the broader trend that price growth is gradually moderating.

That trend is important because it aligns with what many economists and lenders have been saying for the last month.

Prior to this week's inflation data, ANZ, NAB and Commonwealth Bank had all shifted their forecasts, now believing the Reserve Bank had likely reached the peak of the interest rate cycle. Following the May inflation release, ANZ reaffirmed that view.

In its latest economic update, ANZ said it expects quarterly trimmed mean inflation to come in at 3.7 per cent for the June quarter, slightly below the Reserve Bank's forecast of 3.8 per cent. Importantly, the bank said that outcome, when combined with slowing economic activity, "supports our view that the cash rate has peaked".

The Reserve Bank has spent the better part of three years attempting to bring inflation under control through higher interest rates. If Australia's major banks are correct and rates have now peaked, the conversation shifts from how much higher rates could go to when they might begin coming down.

Westpac's caution comes from underlying inflation. The trimmed mean, the measure most closely watched by the Reserve Bank, increased from 3.4 per cent to 3.6 per cent annually. Housing inflation remains elevated at 6.5 per cent, reflecting ongoing increases in rents, electricity costs and new dwelling construction.

Electricity prices remain particularly problematic, rising 21.1 per cent over the past year following the removal of government rebates.

Housing construction costs are also showing signs of renewed pressure. ANZ noted new dwelling costs rose 0.9 per cent in May and are now running at an annualised pace of 8.6 per cent over the past three months. Builders continue to face higher labour, fuel and material costs, a reminder that inflationary pressures have not completely disappeared.

Housing affordability has deteriorated largely because of higher interest rates rather than higher property prices alone. Even modest reductions in mortgage rates would improve borrowing capacity, increase buyer confidence and reduce repayment pressure on existing homeowners.

While August is far from a certainty, the latest inflation result has strengthened the view that the next move in rates is more likely to be down than up. For borrowers, buyers and the development sector, that alone represents a significant shift from the conversation that dominated much of the past two years.

Joel Robinson

The inflation result the property market was waiting for

Commercial property group FiveX is doubling down on its move into the residential space.

The group, founded by Joshua and Marko Berger more than five decades ago, has followed up its plans for a 39-storey tower on North Sydney's Alfred Street with a proposed 61-storey tower in Chatswood.

The new tower at <a href="https://www.apartments.com.au/new-apartments/815-pacific-highway-chatswood-nsw-2067">815 Pacific Highway</a>, which would be one of the tallest proposed in Chatswood in recent years, will comprise 490 apartments, 76 of which will be dedicated affordable housing and managed by Evolve Housing for a minimum of 15 years.

The project will replace the long-standing Panorama Building, originally known as the BMA Tower, a 14-storey office building completed in 1972 and designed by Hungarian-born architect Hugo Stossel. At the time of its completion, the building was the tallest structure in Chatswood and became a local landmark due to its distinctive curved form and external glass lift.

<img alt="FiveX" data-entity-type="file" data-entity-uuid="956bd299-3864-47a0-8ea6-162b5524c5d8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-24%20at%201.02.03%E2%80%AFPM.png?VersionId=EWx7teUr7RcYrI9mgRytwppwt5AdUDtb" />

fjcstudio is behind the designs. Its Architectural Design Report argues the ageing commercial building no longer reflects Chatswood's role as one of Sydney's key strategic centres and that the site is ideally positioned to support significantly higher residential density.

"The site is located at the heart of Chatswood, within the TOD accelerated rezoning area that supports higher density development around the new Metro station," the report states.

"The site's role within a walkable 400-metre radius catchment is where housing, employment, retail and community uses are encouraged to cluster in support of transit-oriented living."

<img alt="fjc" data-entity-type="file" data-entity-uuid="8d198f5e-cc71-4175-9357-be6ec7207473" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-24%20at%201.18.27%E2%80%AFPM.png?VersionId=5WUFc3IYBPvhQMBUYLCsjJhzdcVeYodE" />

The proposal has undergone two rounds of review by the NSW State Design Review Panel, with the design evolving through an extensive assessment process focused on design excellence, public realm outcomes, residential amenity and the integration of affordable housing.

fjcstudio says the residential component provides a diverse mix of apartment typologies, supporting a broad demographic and contributing to housing supply in a highly accessible location close to major transport, employment and retail infrastructure.

The application follows FiveX's plans for a 39-storey tower at <a href="https://www.apartments.com.au/new-apartments/275-alfred-street-north-north-sydney-nsw-2060">275 Alfred Street</a>, which it <a href="https://www.apartments.com.au/new-apartments/275-alfred-street-north-north-sydney-nsw-2060">submitted through the same NSW Government pathway</a> in December. That's for 184 apartments.

Recent activity in Chatswood includes Hyecorp launching its Archer Street project, Celine, and Develotek securing approval for a 34-storey tower.

First look: FiveX targets Chatswood skyline with 61-storey tower after North Sydney plans

Bridgewell Capital and SLD Development seem to be bullish on the Killara apartment market, filing plans for a second new development next to the Killara Golf Club.

The new plans are for 79 apartments across an amalgamated 4,989 sqm site on Buckingham Road.&nbsp;The project has been designed by BKA Architecture and is being assessed under the NSW Government's Low and Mid-Rise Housing and Infill Affordable Housing reforms. It is just 300 metres from&nbsp;Killara train station.

The majority of the apartments are three-bedrooms (46), with 23 two-bedroom apartments, seven one-beds, and three four-bedroom apartments. 17 of the apartments&nbsp;are proposed as affordable housing, representing 15 per cent of the project's gross floor area, allowing the development to access additional floor space and height incentives available under the NSW Housing SEPP.

There will be 131 resident and visitor car spaces, and more than&nbsp;1,450 sqm of communal open space. Landscaped areas would account for approximately 45 per cent of the site.

<img alt="Killara" data-entity-type="file" data-entity-uuid="75ef5ef7-a53b-4932-a8f1-38f63169eec9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-24%20at%2011.04.00%E2%80%AFAM.png?VersionId=d_lG1A1StDaMQilljy25Fr8SF1BnAmKE" />

The site currently contains three detached dwellings and occupies a prominent position on the eastern side of Buckingham Road, with frontage to an area that has already begun transitioning towards higher-density housing. Existing apartment buildings of up to six storeys surround the site, while the Killara Golf Club forms its southern boundary.

The application has been lodged as a State Significant Development due to the affordable housing component and the scale of the project.

According to the design report, the proposal has been shaped by the area's evolving planning framework, which is encouraging greater housing density around transport infrastructure.

"The site sits along a growth area anticipated to undergo transformation in line with broader trends across New South Wales, driven by the implementation of the Low and Mid-Rise and Transport-Oriented Development State Housing Policies," the report states.

"Being within 800 metres walking distance to Killara Train Station, the project seeks to provide high-quality apartments designed for various family sizes, located in a vibrant landscaped setting."

The Upper North Shore suburb has become one of the most closely watched testing grounds for the NSW Government's housing reforms. A number of developers have moved quickly to consolidate sites around railway stations across suburbs including Killara, Lindfield, Gordon and Roseville, where the new planning settings are creating opportunities for apartment developments that would previously have been difficult to achieve.

The likes of Aqualand, Hyecorp, Holdmark and Vermont Property Group have projects in the region.

Bridgewell has several developments in the pipeline. Last September they submitted plans for <a href="https://www.apartments.com.au/news/nsw/bridgewell-capital-seeks-55-apartment-project-in-killara">55 new apartments</a> at&nbsp;23-25 Lorne Avenue in Killara, just the other side of Regimental Park from their new project. In May they filed for <a href="https://www.apartments.com.au/news/nsw/first-look-bridgewell-plots-120-apartments-and-childcare-centre-in-maroubra-town-centre">120 apartments in Maroubra</a>.

&nbsp;

&nbsp;

&nbsp;

First look: Bridgewell, SLD Development double down on Killara Golf Club

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;

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

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>

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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?

Melbourne's housing supply could see a significant boost through strata reform, according to new research by Urbis.

The study identified over 1,000 strata sites within a 15km radius of Melbourne's CBD that could collectively deliver over 100,000 additional dwellings.&nbsp;

Urbis utilised spatial data to locate all strata developments within <a href="/developments/melbourne-vic">15km of Melbourne CBD</a> with more than one property/lot present and an existing address pre-2010. &nbsp;

[smartcode_project:default project_id=107714 project_image_fid=227201]

The study identified all lots with zoning that allows for residential use and calculated the potential additional dwelling capacity based on current planning controls.&nbsp;

The research found that the underlying land value of these sites exceeds the value of the existing strata titled lots. &nbsp; 
This indicates a significant opportunity for redevelopment and uplift in the housing supply.&nbsp;

"Repositioning underdeveloped strata sites has the potential to deliver a much-needed uplift in well-located housing supply," said Mark Dawson, Director at Urbis.&nbsp;

"Notably, around half of this dwelling uplift is located within the <a href="/developments/melbourne-vic-3000">City of Melbourne</a>. With over 140,000 &nbsp;key workers employed within the City of Melbourne, additional housing supply close to employment centres would provide critical relief to those who often need to live close to where they work."

[smartcode_project:default project_id=3260 project_image_fid=218718]

The research also highlights the need for legislative reform to facilitate these changes. Urbis suggests amendments to the Owners Corporations Act 2006 to allow for a collective sale with a 75 per cent consensus and the introduction of legislation similar to the NSW Act - Strata Schemes Development Act 2015.&nbsp;

Urbis Director, Alex Nunn, said the&nbsp;State's ambition to deliver 70 per cent of new housing in infill areas is well-supported by this strata reform.

"Measures that align and amplify proposed policy to unlock housing supply within the inner and middle ring are highly welcomed," Nunn said.

"The liveability and demand for housing in these localities has been proven over the years and ageing strata developments occupy some of the most sought-after real estate in Victoria."

Urbis concludes that strata reform could unlock significant housing supply in <a href="/developments/melbourne-vic">Melbourne's inner and middle rings</a>, aligning with the State's infill housing supply goals and providing much-needed housing for key workers.

"The State's ambition to deliver 70 per cent of new housing in infill areas is well-supported by this strata reform."

Strata reform could trigger 100,000 new dwellings in Melbourne: Urbis

State governments in Tasmania and Western Australia have introduced new stamp duty discounts aimed at encouraging the construction and purchase of new apartments and units.

These measures are part of broader efforts to increase housing density and provide more affordable housing options in regions where new construction has lagged behind demand.

In Tasmania, a 50 per cent stamp duty concession has been implemented for buyers of new apartments and units that are either off-the-plan or under construction.

The discount applies to properties valued at up to $750,000 and is available until June 30, 2026. This initiative is designed to support medium-density housing and make apartment living more accessible to Tasmanians.&nbsp;

The state government hopes that this will not only boost construction activity but also provide greater certainty for builders and developers by reducing financial risks associated with large-scale projects.

Western Australia has also introduced stamp duty exemptions and discounts to stimulate the new apartment market.&nbsp;

Buyers can benefit from a full stamp duty exemption on off-the-plan apartment purchases valued at up to $650,000 if the property is bought before construction begins.

For properties under construction, a 75 per cent stamp duty discount is available, also on purchases up to $650,000. Additional concessions are offered for homes worth up to $750,000.&nbsp;

[smartcode_project:default project_id=142314 project_image_fid=263307]

The new policies reflect a growing recognition of the need to address housing affordability and supply issues, particularly in cities like Hobart and Launceston, where housing density remains low.&nbsp;

Although the Tasmanian housing market saw an 8.8 per cent increase in dwelling approvals in June, the state still trails significantly behind others.

The effectiveness of these discounts in driving new apartment construction will depend not only on buyer uptake, but also on the willingness of local governments to approve higher-density developments, a process that has historically faced challenges in Tasmania.

These stamp duty concessions are part of a broader debate on the role of such taxes in the property market.&nbsp;

Some economic analysts argue that removing or significantly reducing stamp duty could be a key factor in making housing more accessible to a wider range of buyers, particularly in regions where the tax represents a substantial portion of the cost of purchasing a home.&nbsp;

The latest measures in Tasmania and Western Australia are seen as steps towards addressing these concerns, although their long-term impact on housing supply and affordability remains to be seen.

The new policies reflect a growing recognition of the need to address housing affordability and supply issues, particularly in cities like Hobart and Launceston, where housing density remains low

Tasmania joins Western Australia in introducing stamp duty discounts to off the plan property buyers

Boutique Gold Coast developer, Alroe, has revealed one of the most exclusive low-rise apartment developments Main Beach has seen in years.

Lune, overlooking the Broadwater on the corner of Rankin Parade and Peak Avenue, comprises just six half-floor apartments, that present more like villas, across a three-level building.

Lune apartments present more like villas due to their large footprint, with a footprint of nearly 300 sqm of indoor and outdoor living.

[smartcode_project:default project_id=146373 project_image_fid=297485]

Each of the apartments offer three ensuited bedrooms and extensive outdoor entertainment space, be it the rooftop for the penthouses, balconies with water views from the second-level apartments, or wrap-around courtyard gardens for the ground-floor apartments.

Four of the six apartments have swimming pools; the two ground-level apartments and the two penthouses, the latter with their own private rooftop terrace.

<a href="/developers/alroe-constructions">Alroe</a> Founder and Managing Director, Tye Alroe, says <a href="/new-apartments/lune-main-beach-19-21-rankin-parade-main-beach-qld-4217">Lune</a>&nbsp;captures the essence of <a href="/developments/main-beach-qld-4217">Main Beach</a> living through a bespoke offering that he believes is unrivalled in the market.

“We are creating an exclusive collection of finely crafted villas that are designed to truly capture the laid-back Main Beach lifestyle of a bygone era - while unashamedly delivering an uber-luxurious residential offering for residents.

“Each of these villas provides living areas equivalent to a large home with a level of private amenities that you would expect from a luxurious coastal beach house.”

[smartcode_project:default project_id=146373 project_image_fid=297498]

Alroe, which has an enviable record of project completion in Southeast Queensland over the past 12 years, began construction of Lune in May this year. The project is scheduled to welcome its first residents from mid-2025.

Construction is being undertaken by in-house subsidiary Alroe Constructions, a custom-build partner that operates in the multi-residential sector delivering luxury townhouses, low and mid-rise apartments, and NDIS special-needs apartments.

Alroe has delivered an extensive portfolio of boutique projects in Southeast Queensland and Northern NSW.

“Launching off the success of our most recent development, The Finn, Lune continues the legacy of excellence synonymous with the Alroe name,” Alroe added.

“The Finn achieved record-breaking sales prices, with five out of eight apartments sold within the first 10 weeks of the campaign, underscoring its unparalleled appeal in today's market.

“Projects of this calibre are becoming increasingly rare due to rising land prices, which are driving down feasibility and leading to the shelving of similar developments. Lune distinguishes itself with spacious villas and unobstructed views, setting new standards for size and vistas in the area."

[smartcode_project:default project_id=146373 project_image_fid=297491]

The villa lifestyle at Main Beach has been reimagined at Lune where the master suite has been elevated to provide a new level of indulgence through inclusions such as a sizeable dual dressing zone and ensuite.

The two ground-floor villas offer extensive outdoor living, lush gardens and their own private pool, while residences on the upper levels have been designed with generous balconies and access to their own private rooftop gardens providing views of the Broadwater.

The two large living spaces in each villa are complemented by a galley-style kitchen and generous dining area.

Lune villas have already attracted strong interest from local and interstate buyers.

Construction on Lune commenced April 2024, and is expected to be completed around June 2025.

[smartcode_project_cta:default project_id=146373]

Alroe Founder and Managing Director, Tye Alroe, says Lune captures the essence of Main Beach living through a bespoke offering that he believes is unrivalled in the market.

Alroe reveals luxury Main Beach apartment development, Lune

TWT Property Group has secured over $30 million worth of sales at the first release of its new Crows Nest masterplanned community, The Collective.

Locals drove demand for the first release of just 25 apartments, with 60 per cent of them snapped up on the opening weekend.

<a href="/project-marketer/belle-property">Belle Property</a>&nbsp;International's Murray Wood said younger couples and downsizer owner-occupiers were among the first buyers.

"The enthusiasm we’ve seen on day one confirms that there’s a real appetite for boutique-style residences in this area," Wood said.

"Buyers are very keen to secure a foothold in <a href="/developments/crows-nest-nsw-2065">Crows Nest</a>, especially given the new Metro station's convenience. The market is showing resilience, and these sales reflect strong confidence in premium, well-connected developments like <a href="/new-apartments/the-collective-crows-nest-23-35-atchison-st-crows-nest">The Collective</a>."

[smartcode_project:default project_id=94318 project_image_fid=293323]

Prices for the one-bedroom apartments start from $935,000, with two-beds from $1.48 million and three-bedrooms from $2.3 million. The exclusive four-bedroom apartment start at $3.05 million.

The larger two and three-bedroom residences have been the most sought after, particularly by owner-occupiers seeking generously proportioned, well-designed spaces, Wood added.

"The lifestyle-oriented location, combined with a two-year completion horizon, is giving families time to plan their moves."

The newly operational Crows Nest Metro station has been a clear drawcard for buyers, with several purchasers highlighting the Metro as a ‘game-changer’ for their next property move.

[smartcode_project:default project_id=94318 project_image_fid=294220]

Gavin Zhang, General Manager of <a href="/developers/twt-property-group">TWT Property Group</a>, said after 10 years of planning and development, it was "fantastic to see such strong interest in The Collective."

"We’ve been confident that this project would be a great addition to the neighbourhood, and the results speak for themselves," Zhang says.

"The broader vision for this development is not just about creating high-quality residences, but also fostering a community-focused, arts-inspired precinct that will be a landmark for years to come."

The first stage of the masterplan will feature 3,000 sqm of commercial space, part of the 10,000 sqm of commercial space that will be on offer across the total 1.3-hectare development.&nbsp;

[smartcode_project:default project_id=94318 project_image_fid=293333]

Wood suggested the&nbsp;outlook for The Collective and the surrounding area remains optimistic.

“With escalating land values in Crows Nest and limited new supply, we would expect The Collective to perform well in the long term,”&nbsp;he said.

"We’ve provided detailed, local sales evidence that clearly shows The Collective is well-placed in terms of value. I even told one buyer, ‘If you find another property in this location, with this level of quality and pricing, I’ll buy it myself!’ That’s how confident we are."

While The Collective is technically within <a href="/developments/st-leonards-nsw-2065">St Leonards</a>, its location on the northern side of the Pacific Highway places it closer to the established, thriving hubs of Crows Nest and Naremburn.

[smartcode_project:default project_id=94318 project_image_fid=294224]

With the first stage well underway,&nbsp;<a href="/builders/westbourne-constructions">Westbourne Constructions</a>&nbsp;anticipates completion of the first stage in Q3 2026.

<a href="/architects/team2-architects">Team2</a> and <a href="/interior-designers/dbi">DBI</a>&nbsp;are the architectural and interior design team behind the project, while artist&nbsp;Mel O’Callaghan,&nbsp;globally known for her large-scale vibrant artworks, has created a 22-metre piece titled 'Vertical Flow’ that will sit within the façade of the building.

[smartcode_project_cta:default project_id=94318]

The larger two and three-bedroom residences have been the most sought after, particularly by owner-occupiers seeking generously proportioned, well-designed spaces.

Local apartment buyers snap up The Collective, Crows Nest on weekend launch

This week marks the opening of their 9 new apartments for young women experiencing homelessness&nbsp;&nbsp;

Opening September 17, <a href="https://bridgeit.org.au/">Bridge It</a>, a charity providing homes for young women (ages 17-21) who have experienced the out-of-home care system or homelessness, has partnered with <a href="https://www.housingfirst.org.au/work-with-us">HousingFirst</a> to extend their capacity from 7 to 16 studio apartments within their supportive housing program, “The Cocoon.”&nbsp;

<blockquote>
<a href="https://bridgeit.org.au/home/support-us/">To donate to Bridge It head to: https://bridgeit.org.au/home/support-us/&nbsp;
</blockquote>

<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/DTdxbjhv7XQ?si=9Y8Lw_Mg8tl_Cr5U" title="YouTube video player" width="560"></iframe>

With 38,000 young people aged 15–24 years sleeping on the streets, couch surfing, and shelter hopping, heavily impacted by the exponential rise in rental prices, coupled with record-low vacancy rates, Bridge It’s CEO and founder, Carla Raynes can see clear gaps in government funding and policy that leaves residents like hers falling through the cracks.&nbsp;&nbsp;

"With systemic underfunding across the homelessness sector, radical collaboration is key. We simply can’t expect the government alone to fix this crisis,” states Carla. “Our goal at Bridge It is to replicate Cocoon's success nationwide, ensuring every state has a Cocoon so young women can access this transformative program.”&nbsp;&nbsp;

"Homelessness in Victoria rose 24% at the last Census, and we need to act now to ensure that we don’t end up with more children and young people without a home. Across 20 years in the sector, I have never seen anything like the Cocoon. The support we provide is holistic and wraps around our young residents in every area of their lives. In our pilot phase, we provided a home to 11 young women and transitioned from our accommodation into the housing of their choice. We refuse to give up on our young people.”&nbsp;&nbsp;

Since launching in 2021, Bridge It has raised a huge $2.5M in donations from generous donors,&nbsp; foundations and corporates including Sir Richard Branson, Mirvac, ANZ, Westpac and AMP to fund the Cocoon project. This funding supports young women to stay in the residence for 12-18 months, providing time to stabilise, learn life and living skills and move positively into adulthood.&nbsp;&nbsp;

<img alt="Bridge It" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/Screenshot%202024-09-15%20at%202.54.14%20pm.png?VersionId=vKxfHCe71jozEi.aUn7kyT0vp1zbl8yV" />

This project marks a private sector, charity, and social services collaboration that integrates lived experience mentoring, therapies like acupuncture, and activities such as zoo visits and cooking lessons, paving pathways to independent housing and employment. Bridge It has had a 100% success rate in its beta program where they placed all 11 Cocoon residents into secure housing. If adopted nationally, this model could be crucial in ending youth homelessness in Australia.&nbsp;

The expansion marks a milestone in Cocoon’s efforts to provide safe, supportive spaces for Australian youth; made possible through a partnership between Bridge It and Housing All Australians who engaged industry leaders: Mirvac, Dulux, RPS, K2LD, Simon Ellis, Apartments.com.au and many others who have donated pro bono work and products valued at $1.5M. &nbsp;

<img alt="Bridge It, St Kilda" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/Screenshot%202024-09-15%20at%202.53.57%20pm.png?VersionId=_HhmOC5SLOMv24Sl5bOrcFnClSXIO1NA" />

Elysa Anderson, General Manager Residential Victoria and Western Australia at Mirvac&nbsp; highlights their commitment: "Mirvac is proud to collaborate with Housing All Australians and&nbsp; Bridge It to refurbish these apartments, aiming to provide a new home and supportive&nbsp; community for young people transitioning from care."&nbsp;&nbsp;

<blockquote>
<a href="https://bridgeit.org.au/home/support-us/">To donate to Bridge It head to: https://bridgeit.org.au/home/support-us/&nbsp;
</blockquote>

Opening September 17, Bridge It has partnered with HousingFirst to extend their capacity from 7 to 16 studio apartments within their supportive housing program, “The Cocoon.”

Bridge It leads radical St Kilda Homelessness Collaboration

Gordon Corp has again teamed up with the Mathieson family as they unveil plans for their latest luxury Gold Coast apartment development.

They've joined the hot <a href="/developments/palm-beach-qld-4221">Palm Beach off the plan apartment market</a>, lodging plans for <a href="/new-apartments/elle-on-jefferson-62-64-jefferson-lane-palm-beach-qld-4221">Elle on Jefferson</a>, a nine-level building at&nbsp;62-64 Jefferson Lane, just one row back from the beach.

The building, designed by Cottee Parker, comprises 47 two and three-bedroom apartments.

<img alt="Palm Beach" data-entity-type="file" data-entity-uuid="e7bfc100-b6ed-4437-89ad-31e89058f43b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-09-13%20at%2012.41.07%E2%80%AFPM.png?VersionId=MAtUYadsbJZiLzfcWmTwG_BRG57ll0PO" />

The large 2,185 sqm site neighbours the&nbsp;Pavilions Palm Beach retail precinct.

Gordon Corp Sales and Marketing Director Lara Dimond said the&nbsp;vision for the project is to deliver a boutique development with a strong focus on wellness and liveability.

"We have been very deliberate in not pushing scale, or density,” Dimond said.

“The building includes 450 sqm of landscaped green space, equating to 20.6 per cent of the site. This focus on landscape extends to the very heart of the building itself, where a stunning atrium delivers cross ventilation and light throughout the building."

Dimond says the development is a complete lifestyle offering, with the beachfront&nbsp;less than 60m away and the retail and dining precincts&nbsp;on its doorstep.

The apartments start from 115 sqm and range in size to 275 sqm. Private resident amenities have been incorporated on the ground floor. There will be a 15m lap pool with day beds and cabanas, a wellness centre with cold plunge and a hot spa, as well as a sauna and steam room. The wellness centre will also feature a&nbsp;state-of-the-art gym.

<img alt="Palm Beach" data-entity-type="file" data-entity-uuid="96fdf117-3edb-422b-a7ca-e6f6ed303bca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-09-13%20at%2012.41.12%E2%80%AFPM.png?VersionId=5cF3YeqXuFjY.l6sxCVUGYdBVfMWJNzf" />

Gordon Corp Managing Director, Tim Gordon, said the project was a welcome addition to the group’s growing residential portfolio, which includes the ultra-luxe The Mantaray Marina &amp; Residences – its first project with the Mathieson family - currently under construction on The Spit.

“Luxury isn’t just in the location, it’s in the detail, and we’ve have been able to channel the same elevated design approach from The Mantaray into our plans for Palm Beach,” Gordon said.

“Once this has progressed through the planning process, our intention is to break ground as swiftly as possible.”

<img alt="Gordon Corp" data-entity-type="file" data-entity-uuid="0f3505de-72c2-4e87-88a5-f6be333bc7b0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-09-13%20at%2012.41.43%E2%80%AFPM.png?VersionId=4TQw0JdakjuAS_BVfzxHNp7MQXpTZWIQ" />

Bruce Mathieson jnr. said Gordon Corp and the Mathiesons were aligned in their vision for ultra- luxe living in south-east Queensland.

“We are pleased to partner with Gordon Corp on another luxury project as we continue to redefine what it means to live on the Gold Coast,” Mathieson said.

“This project has outstanding potential and will truly stand out from the rest at its prime Palm Beach location.”

The Mantaray Marina &amp; Residences is being delivered by Multiplex and on track for completion in early 2026. The $300 million project represents the first new development on The Spit since Palazzo Versace, Sheraton Mirage and Mariner’s Cove more than 20 years ago.

It is also the first development to be delivered under The Spit Master Plan.

The Palm Beach apartment market has been running hot for several years, and has recently had another wave of development applications hit the table of the Gold Coast City Council.

Sherpa, one of the most active developers in Palm Beach, has <a href="/news/qld/first-look-sherpa-file-plans-for-first-gold-coast-apartment-development-under-new-flourish-brand">filed plans for Flourish on Sixth</a> which <a href="/new-apartments/flourish-on-sixth-ave-6-12-sixth-avenue-palm-beach">will have 94 apartments</a>.&nbsp;Builder developer 5Point is also doubling down on the suburb, seeking to <a href="/news/qld/5point-go-again-in-palm-beach-with-palm-shores-apartment-development">develop another luxury project</a> on Jefferson Lane.

First look exclusive: Gordon Corp team up again with Mathieson family and join booming Palm Beach off the plan apartment market

<a href="/developers/deicorp">Deicorp</a> has commenced construction on its latest project, Marquet &amp; Mary in Rhodes, with a traditional sod-turn and blessing event attended by key project partners.&nbsp;

The event marked the beginning of a significant development that will see the construction of a 42-level tower comprising 274 apartments, with a portion designated as affordable housing for essential workers.

<a href="/new-apartments/marquet-mary-rhodes-1-9-marquet-street-rhodes-nsw-2138">Marquet &amp; Mary</a>, located at the corner of Marquet and Mary streets, has been designed by <a href="/architects/fk-australia">Fender Katsalidis</a>&nbsp;who won a&nbsp;design excellence competition to take the artchitectural reins.&nbsp;

[smartcode_project:default project_id=141515 project_image_fid=287865]

The building will serve as a new landmark in the <a href="/developments/rhodes-nsw-2138">Rhodes</a> town centre, with its design emphasising elegant internal apartment planning, a tripartite vertical rhythm on the facade, and a human-scaled design for the podium.

The tower will offer one, two, and three-bedroom apartments with views ranging from the Sydney skyline to the east to the Blue Mountains in the west.&nbsp;

In addition to residential spaces, the development will feature a four-level podium with commercial and retail spaces, along with a rooftop terrace, a courtyard garden, and a new public plaza at the southern entrance.&nbsp;

The project is strategically located within walking distance of Rhodes Train Station and is directly connected to Rhodes Central shopping centre.

[smartcode_project:default project_id=141515 project_image_fid=287864]

<a href="/developers/deicorp">Deicorp</a> Chairman, Fouad Deiri OAM, highlighted the importance of collaboration in delivering projects of this scale and recognized the contributions of everyone involved in the project so far.&nbsp;

The Marquet &amp; Mary development is part of a larger effort by Deicorp, which currently has 3,200 apartments under construction across Sydney, to provide the homes and communities needed in the area.

The development's swift approval by Canada Bay City Council and the record-setting sales achievements underscore the project's significance in the region.&nbsp;

An 87 sqm two-bedroom apartment on the 30th level recently set a suburb record by selling for $1.72 million, driven by Deicorp’s reputation and the impressive views offered by the property.

Read more:&nbsp;<a href="/news/nsw/deicorp-set-new-rhodes-apartment-record-with-marquet-mary-sale">Deicorp set new Rhodes apartment record with Marquet &amp; Mary sale</a>

[smartcode_project_cta:default project_id=141515]

The project is strategically located within walking distance of Rhodes Train Station and is directly connected to Rhodes Central shopping centre.

Construction starts on Marquet & Mary apartments in Rhodes

Plans have been finalized for a towering green apartment building by Koichi Takada in Brisbane.

The development, at <a href="/new-apartments/25-mary-street-brisbane">25 Mary Street</a>, is to be developed by&nbsp;<a href="/developers/ks-property">KS Property</a>&nbsp;and will be one of the Queensland capital's tallest towers at 264 metres, only behind&nbsp;the Brisbane Sky Tower and The One Residences by Shayher Group.

The 71-level building by the&nbsp;renowned Japanese architect will home 527 one, two, three, and four-bedroom apartments and over 4,000 sqm of communal recreational space.

The design of the tower is inspired by natural forms, with the building's height evoking the image of a tree trunk rising into the sky, while the recreational levels are conceptualised as "nests" scattered throughout the structure.

<img alt="Inside Koichi Takada's designs for one of Brisbane's tallest apartment towers" 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%202024-02-07%20at%2010.06.52%20am.png?VersionId=AOihWxSl4StHqBaIHTx6ciUofXJjyOgH" />

Facilities on levels six and seven will cater to all residents, offering amenities such as a pet spa, yoga rooms, float therapy and a gym.

Higher up, on levels 23, 39, and 66, exclusive amenities will be provided for different apartment collections, including business centres, golf simulators, libraries, and private training rooms.

The podium and ground-level design also reflect the building's overall organic aesthetic, featuring cascading plants, green walls, and tactile materials that enhance the pedestrian experience.&nbsp;

The lobby will provide a generously proportioned, open space for residents and offer opportunities for passive surveillance of the street.

<img alt="Inside Koichi Takada's designs for one of Brisbane's tallest apartment towers" 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/Screenshot%202024-02-07%20at%2011.58.10%20am.png?VersionId=IXuU2rWmC0xhyCycGaUBTE6liEYi3P.y" />

The tower will sit on a 2,736 sqm site that spans 25 Mary Street and 98 and 98A Margaret Street, just two streets away from the Brisbane City Botanic Gardens and a short distance from Queens Wharf Brisbane.&nbsp;

The site is adjacent to the Unilodge campus apartment building, Metro 21 apartment building, and the 23-level commercial office building, Mineral House.

[smartcode_project_cta:default project_id=143854]

Plans approved for one of Brisbane's tallest apartment towers by Koichi Takada

North Shore development specialists, Harvie Group, has unveiled its latest development, in the heart of one of the area's most sought-after postcodes.

Harvie's new development is in <a href="/developments/pymble-nsw-2073">Pymble</a>, on the exclusive Telegraph Road, where they're set to deliver <a href="/new-townhouses/coachwood-pymble-76-telegraph-road-pymble">Coachwood</a>, a collection of just 10 townhouses that will cater for the local downsizer.

Three of the 10 townhouses have already been snapped up.

[smartcode_project:default project_id=146554 project_image_fid=296344]

Each townhouse has been designed by&nbsp;<a href="/architects/gelder-group-architects">Gelder Group Architects</a>&nbsp;and each offers three bedrooms and three bathrooms.

The design places a strong emphasis on entertaining, both indoors and outdoors.&nbsp;

The open-plan living areas, complete with a feature fireplace, create a seamless flow from indoor to outdoor entertaining spaces, where residents can enjoy patio and landscaped courtyards.

Each residence is also equipped with premium kitchen appliances, including a five-burner cooktop and a 90cm oven, while the bathrooms feature&nbsp;bespoke inclusions&nbsp;by&nbsp;<a href="/interior-designers/bentley-rd">Bentley Rd</a>&nbsp;such as custom-designed joinery, brushed brass fixtures, and heated towel railings.

[smartcode_project:default project_id=146554 project_image_fid=296345]

Some residences offer the buyer to include a private lift. Each townhouse has two secure parking spaces.

Located within walking distance of local shops and transport, Coachwood is well-connected while maintaining the tranquillity of its North Shore setting.&nbsp;

Telegraph Road is one of Pymble's best addresses, with nine sales above $5 million on the street in the last five years. The street record was set earlier this year when a 2021-built home sold for just over $8 million.

Builder <a href="/builders/dilcara">Dilcara</a> will commence construction of Coachwood in September.

[smartcode_project_cta:default project_id=146554]

Located within walking distance of local shops and transport, Coachwood is well-connected while maintaining the tranquillity of its North Shore setting. 

Harvie Group reveal rare new Pymble townhouse development, Coachwood

Development giant ALAND has stepped in to complete the construction of the final three buildings in Toplace's besieged Castle Hill apartment development, Skyview.

Two buildings in the five-building development at 51-53 Old Castle Road have been completed. The third is around 80 per cent complete, while buildings four and five are yet to come out of the ground, but the basement levels have been dug. <a href="/developers/aland">ALAND</a> will be rectifying any potential defects in the existing shared basement.

ALAND has been appointed following a comprehensive process by receivers KordaMentha to determine the pathway for the completion of the development. ALAND will now work closely with the Building Commission NSW to complete the construction of the Castle Hill complex.

ALAND Founder and Owner Andrew Hrsto says ALAND has a strong record of turning around challenging projects and transforming them into award-winning residential complexes in sought-after suburbs.

“ALAND maintains an end-to-end capability that uniquely positions us to take on these types of projects,” he said.&nbsp;

“Both KordaMentha and the Building Commission NSW clearly recognise our strong reputation, the quality of our product and our expertise and we are excited to drive this entire complex to completion.”

The complete development will provide a total of 964 apartments housing 2500 people, making a significant impact on the Sydney housing crisis.

Upon completion, buildings C, D and E at Castle Hill will be offered as build-to-rent homes and will dramatically increase rental property availability in North West Sydney with 532 apartments providing much-needed rental housing for 1500 residents.

ALAND has a long history, completing 100 per cent of projects for more than 20 years.

The company has recently been awarded an iCIRT Gold rating following a rigorous and independent review process to determine its capability, capacity and commitment. &nbsp;

<a href="/developments/castle-hill-nsw-2154">Castle Hill</a> has been in the news several times this week, with <a href="/developers/kassis-homes">Kassis Homes</a>, the developer behind <a href="/buildings/grand-reve-castle-hill-8-18-garthowen-crescent-castle-hill">Grand Reve</a> which is across the road from Skyview, securing a site next door and <a href="/news/nsw/reve-group-file-for-new-four-tower-development-in-castle-hill">filing for a four-tower masterplan</a>.

The complete development will provide a total of 964 apartments housing 2500 people, making a significant impact on the Sydney housing crisis

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