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“Minister Chanthivong and his team have shown real leadership in replacing an outdated two-year bond with cover that matches the lifespan of the buildings people are buying into.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?

When asked about the key strengths of <a href="/developers/citinova">Citinova</a>’s Albero development, the response from the Urban community was clear: it’s all about location.&nbsp;

Nestled in the heart of <a href="/developments/greensborough-vic-3088">Greensborough</a>, Albero has drawn attention, from first home buyers to investors, not just for its modern design but for the unique balance it offers—urban convenience intertwined with the charm of a tight-knit community.

As part of a Victorian Government high-priority precinct, the suburb is expected to see a population increase of seven per cent by 2027, which has spurred demand for housing.&nbsp;

<a href="/buildings/albero-greensborough-4-poulter-avenue-greensborough">Albero</a>, being the only new apartment development in the suburb, stands to benefit from this growth, as well as from recent government-led infrastructure upgrades, such as the modernized Greensborough Station, which has improved local connectivity.

The combination of these infrastructure improvements and the stable local economy, supported by a mix of healthcare, retail, and hospitality industries, has made Greensborough a strong investment opportunity.&nbsp;

[smartcode_project:default project_id=4722 project_image_fid=240437]

Nearly half of the local population earns over $1,000 a week, with many looking for housing close to work, further contributing to the demand for quality residential developments like Albero.

Albero itself has capitalised on the community’s desire for connected living, offering two-bedroom apartments that cater to the needs of both downsizers and first-home buyers.

Its functional and liveable design, handled by Biasol, incorporates elements that reflect the surrounding natural landscape, enhancing the connection to Greensborough’s leafy setting.&nbsp;

Communal terraces and outdoor spaces within the development encourage social interaction among residents, complementing the broader community feel of the suburb.&nbsp;

[smartcode_project:default project_id=4722 project_image_fid=240440]

The proximity to parks, walking trails, and green open spaces also aligns with the lifestyle that Greensborough residents seek, offering a retreat-like atmosphere without sacrificing convenience.

Greensborough’s robust amenities and the balanced lifestyle it offers continue to draw buyers, and the completion of Albero marks an important milestone for the suburb.&nbsp;

Albero’s one, two, and three-bedroom apartments are ready for residents to move in.

[smartcode_project_cta:default project_id=4722]

As part of a Victorian Government high-priority precinct, the suburb is expected to see a population increase of seven per cent by 2027, which has spurred demand for housing. 

The impact Albero apartments has had on the Greensborough community

Harry Triguboff's Meriton has submitted plans for its latest apartment development in Sydney's Zetland.

Having already completed several buildings in Zetland in the last decade, Meriton is proposing another two more, one 26-level high-rise with 230 apartments, the other eight levels with 72 apartments and 28 townhouses.

Part of the $221 million proposal for 905 South Dowling Street is for&nbsp;a 125-place childcare centre, a supermarket, and three basement levels for 444 cars.&nbsp;

<img alt="Meriton Zetland DA" data-entity-type="file" data-entity-uuid="0b05c472-8611-4953-adce-fd181a766c45" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Zetland%20DA.png?VersionId=r37JJGNEDqgXuPKiP4nDuy_guA92dqtc" />

The application aligns with the Sydney Local Environmental Plan 2012 and the Sydney Development Control Plan 2012 and is part of a broader effort to redevelop the site at 118-130 Epsom Road and 905 South Dowling Street, which is strategically located within a corridor between the Sydney CBD and the airport.

&nbsp;

The main tower will have 31 one-beds, 152 two-bed apartments, and 47 three-beds.

Mako Architecture and Aileen Sage Architects won the Competitive Design Alternatives Process undertaken by Meriton at the start of 2024.<img alt="Meriton Zetland DA mid storey" data-entity-type="file" data-entity-uuid="a7e002e4-87a1-47b6-bcdc-f8e1a096f0d3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Meriton%20Zetland%20DA%20mid%20storey.png?VersionId=.VelYoTgPDflhC5DpRoWmyJXP.bqms64" />

&nbsp;

The diversity of dwelling types allows for a range of living configurations, making the project suitable for various household sizes and needs, including work-from-home arrangements.

The proposed development also includes extensive landscaping and green corridors that aim to enhance the site's integration with its surroundings.&nbsp;A communal terrace on the rooftop of the tower and another on the podium level will offer shared outdoor spaces for residents.&nbsp;

<img alt="Meriton Zetland DA townhouse" data-entity-type="file" data-entity-uuid="002f49fe-a82e-4275-b73f-fac8115b2915" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Meriton%20Zetland%20DA%20townhouse.png?VersionId=1rN.MvFCfMciP0G.qteuhFJ0PhHMt2WS" />

&nbsp;

Earlier this year Meriton sold out its 260-apartment development, Allegra, which they completed mid-last year.

Fellow high-rise developer Deicorp is also in planning mode in Zetland. In July they filed plans for Joynton Square, nine new buildings at the end of Zetland Avenue, near Gunyama Park. There will be a total of 574 apartments at a cost of just over $300 million.

Read more:&nbsp;<a href="/news/nsw/first-look-exclusive-deicorp-submit-plans-for-joynton-square-mixed-use-zetland-precinct">First look exclusive: Deicorp submit plans for Joynton Square, mixed-use Zetland precinct</a>

Mako Architecture and Aileen Sage Architects won the Competitive Design Alternatives Process undertaken by Meriton at the start of 2024.

Meriton plots next stage of Zetland precinct

Walker Corp is continuing its push in South East Queensland.

A few weeks after its Robina megasite was given fast tracked approval to develop 2,750 homes, Walker Corp has pushed the go button on <a href="/new-apartments/sol-by-walker-maroochydore-first-ave-maroochydore">Sol by Walker</a>, on its large Maroochydore CBD site.

The developer has filed $220 million plans for a two-tower, mixed-use development with 251 dwellings. The towers will share a three-level podium that will home extensive commercial and retail spaces.

The 6,715 sqm sits on the corner of&nbsp;First Avenue and Future Way. The 19-level towers will be inlign with Habitat Development Group's recently completed The Corso apartment development.

<img alt="Walker Corp" data-entity-type="file" data-entity-uuid="7fb0bfe3-6331-4bfa-b604-a7af5c572305" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-10-09%20at%208.19.24%E2%80%AFPM.png?VersionId=XMYI2L9aRTpfJ85Q7FLUUSp2eT.fEoLh" />

Walker Corp is proposing 55 one-bedroom apartments, 111 two-bedrooms, 80 three-bedrooms, including 11 townhouses, and five four-bedroom apartments.&nbsp;

The town planning report by Walker Corporation&nbsp;Principal Planner,&nbsp;Nicole Topple, said the proposed diversity of housing stock in the development will provide dwellings at various price points, allowing a cross-section of the population with differing demographics and family sizes to move into the development. A third of the proposed dwellings comprise three or more bedrooms, providing opportunities for families.

<img alt="Plus" data-entity-type="file" data-entity-uuid="c6fb9398-4416-4874-a771-b8a4bbfe6452" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-10-09%20at%208.20.20%E2%80%AFPM.png?VersionId=YyW6gp3XLSnWX6tsEoYgUZ4Y0dz3nSGk" />

Plus Architecture said in its design report that&nbsp;Sol in Maroochydore sets a new benchmark for high-quality residential living, serving as a catalyst for future development in the Maroochydore Town Centre.

"This project seamlessly combines design excellence, sustainability, and sub-tropical living principles, creating a vibrant and engaging public realm."

<img alt="Plus" data-entity-type="file" data-entity-uuid="3bb558e0-cc38-430d-b17e-7236b34d10d3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-10-09%20at%208.20.37%E2%80%AFPM.png?VersionId=b4R0bEvcj2DG1SWysyId8wD9pFXoL2.G" />

They said the development goes beyond being a residential building, offering active public interfaces, inviting lobbies, and shaded public spaces that foster community interaction.

"Awnings along commercial and retail frontages, along with integrated street trees and vegetation, enhance the pedestrian experience and reflect sub-tropical design considerations. Robust materials and thoughtful landscaping ensure the building's longevity, allowing it to withstand coastal conditions while remaining aesthetically appealing."

Sustainability is at the core of the design, Plus noted, with provisions for electric vehicle (EV) charging, resilient plant species, and vegetated rooftops that reduce the heat island effect and enhance the urban environment.

<img alt="Plus" data-entity-type="file" data-entity-uuid="86d6c724-0825-455e-836c-b5f8aa17f3b9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-10-09%20at%208.20.45%E2%80%AFPM.png?VersionId=dyfHiEB6b0H88AYCdnUXT1ofe4pbEbgT" />

They said expansive recreational areas promote community interaction, creating a strong sense of belonging among residents.

"Architecturally, the design is inspired by the natural formations of the Sunshine Coast and the Maroochy River, with towers oriented to capture stunning views of the ocean, river, hinterland, and city. Full-height glazing, deep slab projections, and permeable balustrades maximize natural light, airflow, and shading, ensuring comfortable, energy-efficient living spaces that connect residents to their surroundings.

"By combining timeless design with innovative and sustainable practices, the project is designed to create a development that remains relevant and cherished for generations, setting a new standard for living in Maroochydore.

<img alt="Plus" data-entity-type="file" data-entity-uuid="f1f2bcf7-1d6b-4f1f-8e77-ab5c9fb5093a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-10-09%20at%208.20.31%E2%80%AFPM.png?VersionId=ZMWok2py4rW97fuKF3Z17ecdzwnPDAlg" />

There were three pre-lodgement meetings with council before the recent application.

Over the next 25 years, the South East Queensland population is expected to grow by 2.2 million to almost six million.&nbsp; The Sunshine Coast is anticipated to grow by 219,000 people, requiring 84,800 new homes.

At least 4,000 new homes will be delivered in the Maroochydore City Centre Priority Development Area,&nbsp;a 62-hectare site centrally located in Maroochydore. It includes the former Horton Park Golf Course, privately owned land, and a drainage reserve.

Over the next 25 years, the South East Queensland population is expected to grow by 2.2 million to almost six million.  The Sunshine Coast is anticipated to grow by 219,000 people, requiring 84,800 new homes

Walker Corp unveils Sol by Walker in Maroochydore CBD

Wollongong developer&nbsp;Level 33&nbsp;has revealed what it intends to do with its recently acquired WIN Grand development.

<a href="/developers/level-33">Level 33</a>, led by Eddy Haddad, bought the 13,088 sqm megasite for a reported $70 million from&nbsp;media veteran and billionaire Bruce Gordon earlier this year. Now Level 33 has submitted a $500 million, State Significant Development Application for <a href="https://www.apartments.com.au/new-apartments/crown-square-216-238-keira-street-wollongong-nsw-2500">Crown Square</a>, three residential towers, between eight and 40 levels, a commercial office building, and a hotel. There will also be extensive retail on the ground and podium levels, entertainment facilities, and a wellness centre.

A total of 578 apartments have been proposed, of which around 100 will be designated affordable housing under the infill affordable housing bonus scheme.

The original scheme, for the entire city block that borders Crown, Keira, Burelli, and Atchison streets,&nbsp;was approved in December 2022, but Level 33 has now refined the original vision, appointing a new design team, to rework the site’s development approach.&nbsp;

Their key objectives for the site were to:

• Rationalise the proposed retail uses to ensure the provision is compatible with and enhances the retail primacy of Crown Street and aligns with current market trends and needs analysis.

• Update residential mix to meet local housing needs in Wollongong.

• Enhance the pedestrian experience around and through the site to improve permeability and movement to and from the Train Station and Crown Street Mall.

• Implementing a staged approach to ensure longer-term leases remain operational during site development.

• Incorporated a hotel component into the architectural proposal to enhance the overall design and functionality

<img alt="Wollongong" data-entity-type="file" data-entity-uuid="b99be0b5-2fdd-4389-8984-6aa23d654c54" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-10-09%20at%207.56.37%E2%80%AFPM.png?VersionId=ai495PUGcatYI29t1wkiCnprIzw5nZ2z" />

Located within <a href="/developments/wollongong-nsw-2500">Wollongong</a>’s central business district, WIN Grand is well-positioned, just 280 metres from Wollongong Train Station and adjacent to Wollongong Central Shopping Centre.&nbsp;

The project aims to enhance pedestrian movement between the train station, Crown Street Mall, and the surrounding areas through a central plaza, while also maintaining the historic facade of buildings on the site.&nbsp;

"Level 33 have appointed a new design team to review the existing development consent and take a fresh approach to the site," the developer noted in the application.

"This fresh approach seeks to refine what has been approved and identify opportunities for additional market and affordable housing using the infill affordable bonus, and in doing so maximising the sites highly accessible location in Wollongong.

"Redevelopment of the site will act as a catalyst for improving this part of Wollongong and stimulating broader renewal of the town centre."

The design maximises solar access for private and public spaces and takes care to avoid overshadowing MacCabe Park, less than 50 meters away.

WIN Grand is expected to stimulate economic growth in Wollongong, acting as a catalyst for the broader renewal of the town centre.&nbsp;The proposal also reflects Level 33’s strategy of delivering mixed-use developments that cater to both the residential and commercial sectors.&nbsp;The developer’s previous projects in Wollongong, such as Easterly Wollongong and Skye Towers, demonstrate its familiarity with the local market.&nbsp;

A total of 578 apartments have been proposed, of which around 100 will be designated affordable housing under the infill affordable housing bonus scheme.

First look exclusive: Level 33 reveal $500 million WIN Grand, Wollongong development

Leading Australian development and construction group ALAND has taken over another development site from Jean Nassif's disgraced Toplace.

A few weeks after announcing it would be <a href="/news/nsw/aland-to-deliver-final-three-buildings-in-toplaces-skyview-apartment-development-in-castle-hill">developing the final three towers</a> in Toplace's five-tower Castle Hill development Skyview, Andrew Hrsto's <a href="/developers/aland">ALAND</a> has swooped on 189 Macquarie Street in the heart of <a href="/developments/parramatta-nsw">Parramatta</a>.

The $100 million deal for the 5,213 sqm site is ALAND's&nbsp;largest individual property acquisition since the company was founded in 2002.

Plans had been for two 54 and 41-level towers, however ALAND is now scaling back those plans, instead opting for two 30-level towers with 425 apartments, 1,550 sqm of communal open space, 317 sqm of retail floor space, and 715 public and 389 resident parking spaces

<img alt="ALAND" data-entity-type="file" data-entity-uuid="00bf008f-ee21-4729-a6d7-9a467ddc95b3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-10-08%20at%202.37.33%E2%80%AFPM.png?VersionId=M_tlGJiNmM090eCBL8d83eUqjwDMkHJl" />

ALAND Founder and Owner Andrew Hrsto says the acquisition of the Macquarie Street site further demonstrates ALAND’s commitment to delivering properties of exceptional quality at an affordable price to the people of Greater Western Sydney. &nbsp;

“ALAND has a strong focus on only delivering precisely what the local community needs, and we continue to invest heavily in Parramatta – in line with the state government’s commitment to employment, lifestyle and amenity in the area,” Hrsto said.

“We’ve had a long and proud relationship with this community. Not only have we been the major sponsor of the Parramatta Eels for many years, but we will soon be moving our company headquarters into the new ALAND building in Parramatta CBD.”

Hrsto says that a design masterplan for 189 Macquarie Street, Parramatta, will be developed over the coming months.

Aligned with ALAND's development ethos, the local community will be kept informed at all times.

189 Macquarie St is just 250 metres away from ALAND's recently completed <a href="/buildings/paramount-on-parkes-harris-park-14-20-parkes-street-harris-park">Paramount on Parkes</a> building.

Read more:&nbsp;<a href="/news/nsw/aland-opens-paramount-on-parkes-parramattas-new-landmark-apartment-development">ALAND opens Paramount on Parkes, Parramatta's new landmark apartment development</a>

ALAND Founder and Owner Andrew Hrsto says the acquisition of the Macquarie Street site further demonstrates ALAND’s commitment to delivering properties of exceptional quality at an affordable price to the people of Greater Western Sydney

First look exclusive: ALAND take over second Toplace site, plot two 30-level apartment towers

Local downsizers are approaching settlement stage at the soon-to-be-completed luxury Toorak apartment development, ADA Toorak by&nbsp;<a href="/developers/buxton-projects">Buxton Projects</a>.

Construction firm Manresa is finalizing the build of the 22 three-bedroom apartments, with buyers expected to be moving in before Christmas.

Located at 1093-1099 Malvern Road, the $22 million ADA Toorak is one of few apartment buildings designed by Conrad Architects, led by sought-after architect Paul Conrad.

Conrad has created some of the best homes in the&nbsp;<a href="/developments/toorak-vic-3142">Toorak</a>&nbsp;and wider Stonnington area, while also carrying an enviable workbook overseas. He's designed mansions in Los Angeles and New York, while also lending his interior eye to the Dubai Hotel.

[smartcode_project:default project_id=92806 project_image_fid=175567]

The architecture of ADA Toorak features a modest, contemporary design, and sits in landscaping planned by Jack Merlo to include private botanical terraces and courtyards, ensuring that each apartment benefits from green surroundings.

The apartments at ADA Toorak are certainly "house-sized", with floorplans ranging from 183 sqm to 289 sqm.

Each residence is designed with expansive living areas, featuring floor-to-ceiling double-glazed windows and doors that maximize natural light.&nbsp;

High-end finishes such as travertine stone and limestone are used throughout, and the kitchens are equipped with Miele and Barazza appliances, including a butler's pantry for added convenience.&nbsp;

&nbsp;

[smartcode_project:default project_id=92806 project_image_fid=175568]

Ground-floor apartments will feature large outdoor living spaces, some as large as 205 sqm, complete with built-in barbecues, offering ample space for outdoor entertainment.&nbsp;

The apartments on higher levels will have private terraces, maintaining a strong connection to the outdoors.

The carefully designed landscape includes the retention of existing trees, as well as new plantings of Pin Oaks, shrubs, and hedges to ensure privacy and blend with the surrounding streetscape.

Situated in one of Melbourne’s most prestigious suburbs, <a href="/buildings/ada-toorak-1093-1099-malvern-road-toorak">ADA Toorak</a> places residents within walking distance of High Street and Glenferrie Road, providing easy access to a range of shopping, dining, and entertainment options.

[smartcode_project_cta:default project_id=92806]

Situated in one of Melbourne’s most prestigious suburbs, ADA Toorak places residents within walking distance of High Street and Glenferrie Road, providing easy access to a range of shopping, dining, and entertainment options

ADA Toorak apartments approach completion

Sunshine Coast builder-developer Habitat has completed construction of The Corso, its latest residential apartment development in <a href="/developments/maroochydore-qld-4558">Maroochydore</a>.&nbsp;

<a href="/buildings/the-corso-maroochydore-20-south-sea-islander-way-maroochydore">The Corso</a>, which comprises 158 two and three-bedroom apartments across two towers, has started welcoming its first residents.

Just three-bedroom apartments remain in the development that is strategically located in the heart of the burgeoning&nbsp;Maroochydore CBD.

The sub penthouse is priced at $1.59 million and has three bedrooms, a study, two bathrooms, and parking for two cars, while the final remaining penthouse is priced at just under $1.7 million.

&nbsp;

[smartcode_project:default project_id=100708 project_image_fid=294387]

The Corso comprises a 15-level south tower with 116 apartments and a smaller nine-level north tower with 42 apartments.&nbsp;

Residents will have access to various communal amenities, such as a resort-style pool with cabanas, day beds, and a lawn area. A&nbsp;private terrace spans both towers, offering panoramic views and a dining area for exclusive use by residents. The Corso also features ground-level commercial spaces for retail and café outlets.&nbsp;

Designed by <a href="/architects/k-architecture">K Architecture</a>, the development rises above landscaped parklands and a proposed convention centre.

&nbsp;

[smartcode_project:default project_id=100708 project_image_fid=294382]

Just minutes from Maroochydore’s coastline, the area provides access to beaches, rivers, and parklands like Maroochydore Rotary Park and Cotton Tree Pier.

The Corso is the second residential project in Maroochydore CBD by&nbsp;<a href="/developers/habitat-development-group">Habitat Development Group</a>, following the successful Market Lane project.

&nbsp;

High demand in the Sunshine Coast’s rental market, combined with Habitat Development Group’s track record of maintaining vacancy rates under one per cent, suggests strong potential for investors.

[smartcode_project:default project_id=100708 project_image_fid=291147]

The Corso will also benefit from Maroochydore’s transformation from a tourism and retirement destination to a hub of economic activity with world-class infrastructure.

The region now boasts its airport and a Greenfield CBD, and future transport projects, including plans for light rail and train connections to Brisbane, enhancing the area's accessibility.

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The Corso is the second residential project in Maroochydore CBD by Habitat Development Group, following the successful Market Lane project

Habitat complete The Corso, Maroochydore apartment development

Brisbane developer&nbsp;Consolidated Properties Group&nbsp;has revealed its final release of six residences in its $450 million absolute riverfront Monarch Residences development at Toowong.&nbsp;

The Penthouse Collection encompasses the largest and most lavishly appointed apartments within Monarch Residences and the final six are hitting the market.&nbsp;

Astute buyers keen to own in what is Brisbane’s finest current apartment offering are expected to move quickly on the release, says Colliers Brisbane Director of Residential, Andrew Scriven.

“This is a once-in-a-lifetime opportunity to own such a home of this calibre, with a breathtaking landscape with vistas of the city and 130 metres of north-facing riverfront,” Scriven said.

“There will never be another place like <a href="/new-apartments/monarch-residences-toowong-600-coronation-drive-toowong">Monarch Residences</a>.” &nbsp;

[smartcode_project:default project_id=113455 project_image_fid=302324]

The Penthouses have been curated by <a href="/developers/consolidated-properties">Consolidated Properties Group</a>&nbsp;(CPG)&nbsp;in partnership with John Wardle, the Melbourne-based Architectural Institute of Australia gold medal-winning architect, and leading national architectural practice Cottee Parker.&nbsp;

The Penthouse Collection features elevated ceiling heights, starting at a minimum of 3.2m, that create a volume of space, openness to uninterrupted views, and an abundance of natural light and river breezes.

[smartcode_project:default project_id=113455 project_image_fid=302328]

In addition, the penthouses feature premium interior finishes including Herringbone European oak timber flooring, oak finished bespoke joinery, paired with luxurious Dolce Vita quartzite benchtops and a suite of European appliances.&nbsp;

The individualised floorplans allow each penthouse to showcase its own views and unique features, ensuring each of the collection’s apartments stands out from the rest.

Apartments in the Penthouse Collection range in size between 295 sqm and 347 sqm and are priced between $5.75 million and $7.9 million.

[smartcode_project:default project_id=113455 project_image_fid=302329]

Consolidated Properties Group CEO and chairman Don O’Rorke says the final release of the Penthouse Collection is a case of leaving the best until last.

“We launched Monarch Residences in early 2023 and it’s been one of the best received residential projects in our 45-year history, as well as Brisbane’s, with the apartments now 95 per cent sold out ahead of construction completion end of next year,” O’Rorke said.

“There is no better-connected site in Brisbane with its rail, bus, ferry, pedestrian and cycleway linkages at its doorstep – and we have aimed to deliver apartments, amenities and a design ethos that does justice to the quality of the land and which reflects quintessential Queensland living.

“We have designed each penthouse as a sanctuary right in the heart of the city. They are the epitome of luxury, elegance and security overlooking the Brisbane River – the purchasers will be securing something truly special.”

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Architect John Wardle says that when designing interiors for The Collection, his team wanted to create a feeling of harmony and connect owners to the Brisbane Riverfront.

“Our design philosophy focuses on creating spaces that harmonise with their surroundings," Wardle says.

"The Collection not only captures breathtaking views but also embodies the true essence of what it means to live in Brisbane, ensuring residents feel a true connection to the riverfront.

“Each residence is a testament to modern design capability, sophistication, architectural excellence and remarkable construction.”

[smartcode_project:default project_id=113455 project_image_fid=211466]

&nbsp;

In addition to owning one of Brisbane’s most exclusive apartments, residents at Monarch Residences will have direct access to the historic heritage-listed Middenbury House, which sits on the site and is currently being restored and refurbished with the public able to access the house for the first time since it was built in 1865.

Monarch Residences is currently under construction with Hutchinson Builders, with an anticipated move-in by the end of 2025.&nbsp;

Prospective buyers can visit the multi-million-dollar, riverfront sales office on-site at 600 Coronation Drive, <a href="/developments/toowong-qld-4066">Toowong</a>. The sales display will be closing at the end of the year to make way for construction.

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The Penthouses have been curated by Consolidated in partnership with John Wardle, the Melbourne-based Architectural Institute of Australia gold medal-winning architect, and leading national architectural practice Cottee Parker. 

Consolidated release final Penthouse Collection at Brisbane’s Monarch Residences

Nestled within the Martha Cove marina community, <a href="/developers/figurehead">Figurehead Group</a>’s Osprey development is a collection of 18 luxury coastal apartments that perfectly blend architectural elegance with its scenic surroundings.&nbsp;

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The multi-award-winning developer recently completed <a href="/buildings/osprey-safety-beach-15-martha-cove-boulevard-safety-beach-vic-3936">Osprey</a>, which was honoured with the Urban Developer’s Development of the Year award.&nbsp;

We recently toured the completed apartment with <a href="/project-marketer/projects-by-buxton">Projects by Buxton</a> director, Heath Thompson.

<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/dCCTNwG1VUU?si=dN3KMFSQnXQgmlxA" title="YouTube video player" width="560"></iframe>

Designed by <a href="/architects/wolveridge-architects">Wolveridge Architects</a>, the two and three-bedroom apartments are inspired by the marina setting, with curved architectural details capturing the essence of the coastal location.&nbsp;

The curved facades flow into the interiors, providing uninterrupted views of the marina both from inside the apartments and on the spacious balconies.

Entry to each residence is through a central lightwell breezeway, emphasising the indoor-outdoor design concept.&nbsp;

[smartcode_project:default project_id=138447 project_image_fid=290632]

Located less than 200 metres from the vibrant Martha Cove marina, residents can enjoy quick access to Martha's Table, the local café, wine bar, and Mediterranean restaurant that serves as a hub for the community.&nbsp;

Osprey’s proximity to <a href="/developments/safety-beach-vic-3936">Safety Beach</a> and the wider Mornington Peninsula further enhances its appeal, offering a blend of seaside living and easy access to surrounding attractions.

Osprey apartments are now complete and ready for new residents to move in.

[smartcode_project_cta:default project_id=138447]

Designed by Wolveridge Architects, Osprey's two and three-bedroom apartments are inspired by the marina setting, with curved architectural details capturing the essence of the coastal location. 

Inside Figurehead’s Osprey in Safety Beach: Urban’s completed apartment tour

Sunkin Property Group has revealed the next phase of its game-changing Highett community, Highett Common, following the success of the first two stages of the net-zero masterplan.

Currently building Highett Common's stage one and two, the former of which is 85 per cent sold, Sunkin is set to launch The Mews Collection, a trio of buildings with 185 one, two and three-bedroom apartments.

[smartcode_project:default project_id=108019 project_image_fid=300057]

The apartments will feature&nbsp;floor-to-ceiling glazed windows, to take advantage of the views of the surrounding parklands, as well as all-electric kitchens with stone surfaces, Bosch appliances, and induction cooktops.

Several apartments in the collection feature wrap-around terraces.

[smartcode_project:default project_id=108019 project_image_fid=300054]

The Mews Collection also includes the first luxury apartments within the precinct.

The 12 apartments, dubbed the Luxury Collection are a step up in design, with&nbsp;Gaggenau appliances, herringbone timber flooring, marble benchtops, and advanced home automation systems that are integrated with the Highett Common Connect app.&nbsp;

Buyers in the Luxury Collection will also receive a $12,000 styling&nbsp;consultation from <a href="/interior-designers/coco-republic-interior-design">Coco Republic</a> to further customise their interiors.

[smartcode_project:default project_id=108019 project_image_fid=300048]

The Mews Collection also introduces the first neighbourhood facilities that will be accessible to the wider Highett community.

There will be a new two-level public library, part of the Bayside Community Facility, which will have study areas, rooms for community classes and meetings, and an adjacent café.&nbsp;

The Northern Residents’ Amenity is part of the Mews Collection stage and will comprise&nbsp;a lap&nbsp;indoor pool, a gym with a wellness area, and a bookable private dining room.

The Southern Residents’ Amenity will bring another gym with green views, an outdoor swimming pool, wellness hubs and a cinema.

[smartcode_project:default project_id=108019 project_image_fid=300074]

<a href="/new-apartments/highett-common-37-graham-road-highett-vic-3190">Highett Common</a> is part of an ambitious project to create Victoria’s first medium-density, net-zero community, located on a 9.3-hectare site in the heart of Highett, ideally position to take advantage of Highett Road's lively bar and restaurant scene. Future residents will also be in close proximity to Sandringham Beach, Highett Shopping Centre and Highett Train Station.

SK Construction has already been appointed to deliver the whole project, which will be home over 1,000 apartments and townhouses when complete in 2029.

[smartcode_project_cta:default project_id=108019]

The Mews Collection also includes the first luxury apartments within the precinct

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