<a href="https://www.urban.com.au/developers/far-east-consortium">Far East Consortium</a>’s 640 Bourke Street stands as a testament to&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic-3000">Melbourne</a>’s ability to bridge its storied past with a bold vision for the future.&nbsp;

Rising above the heritage-listed Eliza Tinsley building, the development reflects a broader shift toward adaptive reuse in the city, where historical assets are retained and reinterpreted as part of new residential development.

Designed by <a href="https://www.urban.com.au/architects/rothelowman">Rothelowman</a>, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> incorporates the Eliza Tinsley building as its foundation, housing a grand gallery and lobby space that serve as both a functional and symbolic centrepiece. The heritage façade informs the tower’s design, creating a connection between Melbourne’s past and its contemporary skyline.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=365684]

Above this historic base, the 68-storey tower will deliver just over 600 residences, a notable reduction from earlier schemes, reflecting a deliberate move toward larger-format apartments and a stronger owner-occupier focus.

Unlike traditional CBD developments that prioritised investor stock, 640 Bourke Street has been repositioned to respond to changing buyer expectations.

"The discussion was all around making 640 Bourke Street the best residence to live in, to be much more focused on the people in the building rather than people looking at the building," Marsland explained.&nbsp;

This shift is evident in the development’s interiors, which emphasise practical luxury with spacious layouts, high ceilings, and floor-to-ceiling windows framing sweeping views of Melbourne and Port Phillip Bay.&nbsp;

“What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Lauren Sheldon, Far East Consortium’s Director of Sales and Marketing, said.&nbsp;

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Rothelowman Associate Jun Chang added, "We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."&nbsp;

Amenities spanning more than 3,000 sqm across multiple levels further reinforce this focus on resident experience. These include a pool, gym, co-working areas, and a range of hospitality-inspired spaces such as a whisky lounge, library, and private dining rooms, many drawing reference from traditional bathhouses and Melbourne’s laneway culture.

"We wanted to make both the pool and the gym area to be absolutely destinational, and when you traverse across to these spaces, there is a gentle familiarity to the beautiful notions of the hammams and the Roman baths, a gentle nod to history," Chang noted.

At street level, the project contributes to the ongoing transformation of the western CBD, with upgrades to Langs Lane and the introduction of retail, hospitality, and gallery spaces designed to activate the precinct and strengthen its connection to the surrounding city fabric.

[smartcode_project:default project_id=509 project_image_fid=365689]

The location places residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market, and the Docklands waterfront, positioning the development within a rapidly evolving inner-city neighbourhood.

"We believe it's the best site left in the city of Melbourne," Craig Williams, Executive Director at Far East Consortium, said.&nbsp;

640 Bourke Street is Far East Consortium’s 14th building in Melbourne’s western CBD.

"A very elegant designed building. It's going to be a Melbourne statement for many, many years to come."

One-bedroom apartments are priced from around $640,000, with 640 Bourke Street targeting completion in 2029.

Renders shown are Artist's Impressions correct as of May 2026.

[smartcode_project_cta:default project_id=509]

Joel Robinson

Heritage-led design anchors Far East Consortium’s 640 Bourke St, Melbourne

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

[smartcode_project:default project_id=146358 project_image_fid=323057]

The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

[smartcode_project:default project_id=146358 project_image_fid=323055]

Each residence has been configured with four bedrooms, multiple living zones, a private office, and expansive ocean-facing terraces. Interiors draw on a restrained material palette, including travertine stone, timber joinery, and integrated premium appliances.

Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.

“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”

Residents will have access to a suite of wellness-focused amenities, including pools, sauna facilities, and dedicated relaxation spaces, reflecting a broader shift toward lifestyle-driven apartment design on the Gold Coast.

[smartcode_project:default project_id=146358 project_image_fid=323052]

The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

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MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

Apartment developers in the Gold Coast are finding new, creative ways to differentiate themselves from competing projects, as new supply starts to flow through up and down the Coast.

Developer BIG Projects brought in the renowned Sydney-based design studio YSG Studio to craft the interiors for The Frederick, BIG Projects' new Mermaid Beach project and YSG Studio's first move into the multi-residential development space.

[smartcode_project:default project_id=110588 project_image_fid=5346]

It was a strategic move for BIG Projects to bring in a Sydney eye to the development.

“Our role is to give our design partners the space and freedom to explore,” says Matt Barrett, Director of BIG Projects.

“We wanted YSG Studio to capture the essence of Nobby’s, to design a building that embraces life, light and connection, while creating a genuine sense of place.”

There are only 39 apartments in The Frederick, including a striking beach house, just 100 metres from the booming Nobby Beach precinct.&nbsp;

[smartcode_project:default project_id=110588 project_image_fid=5347]

Yasmine Ghoniem, Director of YSG Studio, says their vision&nbsp;for The Frederick "reinvents coastal living."

“Nobby’s has such an iconic energy, it’s one of those rare pockets of the Gold Coast where the community, the beach, and the streets all feel connected,” Ghoniem says.

"Responding to the neighbouring coastline, soothing curves add a relaxing regional overlay, while unique detailing really sets it apart. It’s a place that feels lived in from the moment you step inside.”

A standout feature of The Frederick is its rooftop terrace, an uncommon inclusion for a boutique, low-rise building, where amenity is typically concentrated at ground level.

[smartcode_project:default project_id=110588 project_image_fid=5360]

Positioned to capture panoramic views from the hinterland to the ocean, the rooftop has been designed as a series of intimate zones. It includes a pool, sauna, sun decks, workspaces and dedicated entertaining areas.

“The rooftop was conceived as a collection of spaces where residents can unwind and connect, an extension of the Nobby’s lifestyle,” Barrett says.

Architecture for the project was led by Plus Studio, with landscape design by LDG Landscape Architecture.

SRQ Projects Director Nick Clydsdale, who is handling sales at The Frederick, says the majority of enquiry is coming from South East QLD and Victorian buyers who have been actively searching between Broadbeach and Mermaid Beach for some time.

"They’ve reviewed a number of projects, however this one has stood out for its unique detailing and compelling design,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. BIG Projects is targeting a late 2027 completion.

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Sydney’s YSG Studio makes Gold Coast multi-residential debut with BIG Projects at The Frederick

Melbourne-based property developer ALTA Property has this week achieved planning approval for the adaptive re-use of a former commercial tower into a $200 million, 169-apartment project at 10 Queens Road, one of the last developable sites along the Albert Park Lake-fronting boulevard.&nbsp;

Set within one of Melbourne’s most sought-after precincts and designed by <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser and Partners</a>, the illustrious building will offer unparalleled views across Albert Park Lake, Port Phillip Bay and Melbourne CBD.&nbsp;

The mix of 1, 2 and 3-bedroom residences will be complemented by a ground-floor amenity featuring private dining, a lounge bar, gym and wellness spaces, co-working, outdoor communal gardens, and retail.&nbsp;

The 17-storey building is a masterclass in adaptive re-use, with the existing commercial building’s façade, shell and internal structure to be retained, before high-end residences are built from the ground up in a newly built Albert Park facing addition to the building.&nbsp;

Sitting atop the building will be two 320+sqm penthouses with private rooftop terraces, which are expected to be priced between $9 - $11 million.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="aa11211b-5581-43f9-940c-fc84d30a0e61" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/C_04.png?VersionId=Yhf5p_1EgGDu_zOIMFgvA8Ug8j3sTFQs" />

Architecturally, the building will feature a curved, geometric façade that celebrates and elevates the existing structure, with warm, muted tones which were selected to extend the materiality of the existing building rather than contrast it.&nbsp;

Interiors will bring together three metre high ceilings with waffle concrete in some spaces, natural timber, granite and Australian materials, culminating in crafted, generous and considered spaces that are defined by authenticity.&nbsp;

The adaptive re-use means that the Queens Road project will be a sustainability led, high-quality finished product, with a 62% saving in carbon emissions by re-using the existing structure rather than knocking it down and rebuilding.&nbsp;

ALTA Property was launched by Nigel Givoni in 2023, bringing over 25 years of experience in multi level residential delivery.&nbsp;

Melbourne’s property market growth is currently led by apartments. According to RPM VIC Apartments &amp; Townhomes Market Report (April 2026), units are outpacing houses, especially in the middle ring suburbs where median prices hit $757,500 – a four-year high that represents 2.9 percent growth quarter-on-quarter.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="647e13d7-b4bc-433a-9bc9-fe3c3dd4f2ec" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/V_06.png?VersionId=ou4NUCWUgA3NAy.6CQJlEdKX50j3dOk6" />

For ALTA Property Founder Nigel Givoni, this performance speaks to the confidence he has in the Melbourne market.&nbsp;

“Queens Road represents a rare opportunity to continue to shape our presence in the Melbourne market.,"&nbsp;Givoni says.

"With a considered project team and a premier site along one of the city’s most sought-after boulevards, we look forward to contributing to the fabric of this established address.

“Other Australian markets are getting a lot of attention, but I believe the depth of value in Melbourne is being overlooked. The fundamentals are strong, population growth is steady and, based on our preliminary conversations with a leading builder, construction costs are beginning to normalise, creating further opportunity."

Givoni says the project is a&nbsp;highly considered example of adaptive re-use, delivering quality, high-end residences, premium hotel-inspired amenities and an architecturally striking façade, all achieved without the need to remove the existing structure.

"We are really looking forward to the market’s response,” he said.&nbsp;

ALTA Property to deliver $200 million Queens Road apartment tower

Construction is set to begin at <a href="https://www.apartments.com.au/new-townhouses/orchard-mews-glen-iris-18-scott-grove-glen-iris-vic-3146">Orchard Mews</a> in Glen Iris, with&nbsp;PC Whitehall &amp; Sons&nbsp;now appointed as the townhome development moves into its next phase.

The development by&nbsp;<a href="https://www.apartments.com.au/developers/montcoeur">MontCoeur</a>,&nbsp;located at 18 Scott Grove, is now around 30 per cent sold, with completion targeted for late-2027.

Orchard Mews comprises a curated collection of three- and four-bedroom customisable townhomes, positioned within one of <a href="https://www.apartments.com.au/developments/glen-iris-vic-3146">Glen Iris</a>’ more tightly held residential streets. The low-density project has been designed by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jack-merlo">Jack Merlo</a>, bringing together a team known for high-end residential projects across Melbourne.

[smartcode_project:default project_id=150128 project_image_fid=366285]

The development is defined by its focus on flexible living and long-term usability. Each residence includes multiple living zones and a customisable multipurpose room, allowing buyers to tailor spaces to suit changing needs, whether as a home office, additional bedroom, wellness area or entertainment space.

Architecturally, the townhomes emphasise natural light and spatial volume, with dual-aspect layouts and double-height living areas incorporated into the design. Interiors feature natural stone benchtops, premium appliances, and a neutral material palette intended to support everyday functionality rather than statement-driven finishes.

All residences are all-electric and include private lifts and secure double garages, reflecting a broader shift toward sustainability and future-focused housing in Melbourne’s established suburbs.

[smartcode_project:default project_id=150128 project_image_fid=366277]

Outdoor connections are also central to the offering, with a mix of private courtyards and terraces extending internal living spaces and integrating with the landscaped surrounds.

The Scott Grove address places Orchard Mews within close proximity to some of Melbourne’s key lifestyle and education amenities, including Scotch College, Sacré Cœur, Cabrini Hospital and the retail hub of Chadstone. Public transport access is also nearby, with trams and Gardiner Station providing connectivity to the CBD and surrounding suburbs.

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Construction to commence at luxury Glen Iris townhome project, Orchard Mews

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?

First home buyers have descended on Coronation Property's under-construction apartment development in Sydney's west.

Since the start of 2024, nearly 90 per cent of sales enquiries on the two build-to-sell buildings out of the five total buildings in the Merrylands development on <a href="/">Apartments.com.au</a> has come from first home buyers. This is not surprising given the combination of the affordability on offer as well as the rare opportunity to buy a brand new apartment in the area.

The studio apartments start from $520,000, which allows first home buyers to pay no stamp duty under the NSW Government First Home Buyer Assistance scheme.

The two-bedroom, two-bathroom apartments have been the most popular starting from $760,000, and each have a car space. First home buyers also won't pay stamp duty on the two-bedroom apartments, given they fall under the $800,000 threshold.

[smartcode_project:default project_id=31751 project_image_fid=257777]

<a href="/buildings/mason-main-merrylands-245-merrylands-road-merrylands-nsw-2160">Mason &amp; Main</a> has been designed to be the leader of gentrification in Merrylands, with not only an influx of well-designed apartments by Woods Bagot but also to create a central precinct that goes beyond the four walls of the homes.

The new apartments will sit above a new ‘Eat Street’, hosting various retail and dining options including popular gym One Playground, Macelleria, Hilltop Childcare, Oakberry, Mase &amp; Co, Peanut Butter Bar, Iftar Lebanese, Hayat Turkish, and Yuzu Dining.

This central precinct aims to provide a comprehensive lifestyle hub for residents and the wider community.

Read more: <a href="/news/nsw/coronation-welcomes-new-eat-street-tenants-to-mason-main-in-merrylands">Coronation welcomes new Eat Street tenants to Mason &amp; Main in Merrylands</a>

[smartcode_project:default project_id=31751 project_image_fid=161005]

Joe Nahas, Managing Director at Coronation Property, said the high demand shown by first home buyers reflects the overwhelming trust Mason &amp; Main customers have placed in Coronation Property’s vision for the development.

“The response from homebuyers, especially first home buyers, has been truly incredible, reaffirming our commitment to delivering exceptional properties that transform the local areas in which we develop,” Nahas said.

Mason &amp; Main offers a total of 415 one, two, and three-bedroom apartments, located just south of Parramatta. The precinct has been designed to cater to various demographics, including young families, investors, and downsizers.

[smartcode_project:default project_id=31751 project_image_fid=161018]

Some of the apartments include large multipurpose rooms, providing residents with versatile spaces that can serve as home offices, additional bedrooms, or nurseries. Each apartment adjoins a balcony that has views of either the Blue Mountains or the Sydney CBD.

Coronation has long known the importance of developing in a connected suburb. Mason &amp; Main is less than 400 metres from Merrylands Station, which is one stop from Parramatta Station and a short-minute commute into Central Station.

Read more:&nbsp;<a href="/news/nsw/how-the-small-western-suburb-of-merrylands-is-undergoing-a-drastic-gentrification">How the small western suburb of Merrylands is undergoing a drastic gentrification</a>

[smartcode_project:default project_id=31751 project_image_fid=257780]

Everything is at the foot of the master plan.

Stockland Merrylands, with 180 retailers and anchored by a Woolworths, Coles, Aldi and a Kmart sits behind the project, while the Merrylands RSL, Billabong Hotel, and Merrylands best restaurants, are all centred around the heritage-listed train station.

[smartcode_project_cta:default project_id=31751]

Joe Nahas, Managing Director at Coronation Property, said the high demand shown by first home buyers reflects the overwhelming trust Mason & Main customers have placed in Coronation Property’s vision for the development

mikah.m@urban.com.au

First home buyers snap up Mason & Main, Merrylands apartments

When it comes to apartment investing, one of the most important factors is securing a tenant.

To do so, apartments need to cater for the owner-occupier. Given the huge growth in the cost of rentals in the last three years, cookie-cutter apartments in a high-rise tower won't do.

At the same time, unit values have also jumped significantly across most parts of the country, which shows investors are not only reaping strong rents, but they're also netting a strong compound growth rate in the value of their investment.

One of the main factors in securing a tenant is supply v demand. Investors need to hit a spot where there's a lot of demand, ideally from a wide range of demographics, but also an area where there's less supply than demand.

<a href="/developers/jwland-development">JWLand</a>, one of Canberra's leading builder developers, is currently developing De Burgh in Northbourne Village in<a href="/developments/lyneham-act-2602"> Lyneham</a>, a suburb north of the centre Canberra which is largely populated by young professionals, students, and growing families.

[smartcode_project:default project_id=139989 project_image_fid=212887]

Lyneham's proximity to the city centre, coupled with local parks, wetlands, and a well-connected light rail service, makes it an ideal spot for those seeking convenience and an active suburban lifestyle.

Additionally, the area is near the Australian National University and various top-rated public schools, making it appealing for both students and families.

Investors have been attracted to the growth in Lyneham where the typical rental yield is five per cent, while unit growth rates average 5.8 per cent per annum over the past three years.&nbsp;

[smartcode_project:default project_id=139989 project_image_fid=212914]

The median price for units has surged by 22.3 per cent in the past year, now standing at $608,000. Weekly rents in the area are robust, with median figures of $480 for one-bedroom apartments, $560 for two-bedroom apartments, and $750 for three-bedroom apartments.&nbsp;

These figures, along with a vacancy rate of just 1.9 per cent, indicate a strong and competitive rental market.

<a href="/developers/jwland-development">JWLand Development</a> has already sold out Embark and almost sold out The Sullivan, the first two stages of Northbourne Village. The third and final residential release,<a href="/new-apartments/de-burgh-at-northbourne-village-40-de-burgh-street-lyneham-act-2602"> De Burgh</a>, is set to welcome new residents in the second half of 2025.

[smartcode_project:default project_id=139989 project_image_fid=212915]

Boasting a central position in the Village, De Burgh is located just three kilometres from the city centre, placing future residents in a prime position to take in all Canberra has to offer.

Situated on Northbourne Avenue, just three kilometres from Canberra's city centre, De Burgh offers a range of one, two, and three-bedroom apartments, each light-filled with living areas connecting to outdoor spaces.

[smartcode_project:default project_id=139989 project_image_fid=212889]

Buyers can opt in for various upgrades to enhance their living experience at De Burgh. There's the option to include an electric vehicle charger in a car spot, or add the Smart Lock system to your phone which gives control of who has the digital keys to the apartment and when they can use them.

Other features of De Burgh include energy-efficient inclusions, embedded network services, a landscaped central courtyard, a parcel locker system, and low-cost levies. For those who love to entertain, there's also a rooftop garden and residents' lounge room.

[smartcode_project_cta:default project_id=139989]

Investors have been attracted to the growth in Lyneham where the typical rental yield is five per cent, while unit growth rates average 5.8 per cent per annum over the past three years. 

Why JWLand's De Burgh apartments in Lyneham present an ideal investment opportunity

Construction at <a href="/developers/dealcorp">DealCorp</a>'s NOVA townhouse development, the final release at their 10-hectare Polaris 3083 community in Bundoora, is nearing completion.

The <a href="/new-apartments/nova-at-polaris-3083-bundoora-5-nova-circuit-bundoora">NOVA</a> stage includes a mix of two, three, and four-bedroom townhomes that blend heritage and contemporary designs, inspired by the heritage building on the Nova Circuit site.

[smartcode_project:default project_id=94966 project_image_fid=163800]

Originally constructed in 1938, the Tudor Revival facade maintains its imposing street presence and grand entrance off Galileo Gateway.&nbsp;

<a href="/architects/mgs-architects">MGS Architects</a> drew inspiration from the building’s formal symmetry, with the 28 two-story contemporary townhomes completing the natural axis of the site.&nbsp;

A pedestrian spine runs from the historic front door on Galileo Gateway through to Nova Circuit.

[smartcode_project:default project_id=94966 project_image_fid=163795]

Located just 300 metres from the bustling Polaris Town Centre, NOVA residents will have immediate access to 33 essential services and prominent retailers, including Woolworths, Dan Murphy's, and Chemist Warehouse.

<a href="/developments/bundoora-vic-3083">Bundoora</a>, known as Melbourne's Northern "University City," is also home to La Trobe University and RMIT Bundoora Campus, both situated in the immediate precinct.&nbsp;

[smartcode_project:default project_id=94966 project_image_fid=163801]

Polaris, the inner north’s largest master-planned precinct, spans 12 hectares and is surrounded by native parkland and flourishing activity centres.&nbsp;

The community is already home to over 750 residents and features a modern retail and dining precinct.

Move-in is expected in late 2024.

[smartcode_project_cta:default project_id=94966]

The community is already home to over 750 residents and features a modern retail and dining precinct.

DealCorp approach completion of Bundoora masterplan Polaris 3083 as NOVA townhouse construction advances

Civil and infrastructure works at Sunkin Property Group's Highett Common are all but complete, signalling significant progress toward Victoria's first medium-density net zero community.&nbsp;

The advancements in the project's early stages will pave the way for the main works on site to continue to move forward.

[smartcode_project:default project_id=108019 project_image_fid=212656]

The latest updates from the construction team highlight the installation of inground electrical infrastructure and street lighting to ensure Highett Common remains a connected community precinct and achieves the goal of an all-electric development.

Extensive work has also been undertaken on sub-base installation and access roads.&nbsp;

Additionally, basement works in the two apartment buildings of stage one are progressing, with wall concreting at 80 per cent completion and ongoing waterproofing at North Lane.

Construction work continued to advance following the project’s sod-turning ceremony in May.&nbsp;

[smartcode_project:default project_id=108019 project_image_fid=213936]

In June, <a href="/builders/sk-construction">SK Construction</a> made significant strides in the installation of precast columns and stair and lift shafts extending from the basements to the underside of the second levels, marking a further progression in the vertical construction of the building.&nbsp;

Read more:&nbsp;<a href="/news/vic/sunkin-property-group-break-ground-at-highett-common-masterplan">Sunkin Property Group break ground at Highett Common masterplan</a>

&nbsp;

<a href="/new-apartments/highett-common-37-graham-road-highett-vic-3190">Highett Common</a>, situated on a 9.3-hectare site, will eventually accommodate over 1,000 residents.&nbsp;

The first release, Park House, is already 70 per cent sold and features one, two, and three-bedroom residences designed by <a href="/architects/clarke-hopkins-clarke-0">Clarke Hopkins Clarke Architects</a> and <a href="/landscape-architect/tract-landscape-architects">Tract Landscape Architects</a>.

The <a href="/developments/highett-vic-3190">Highett</a>&nbsp;development includes state-of-the-art amenities such as gyms, wellness areas, swimming pools and sun-drenched decks.&nbsp;

It also features a private dining room, indoor and outdoor lounge areas, and spaces dedicated to work, study, workshops, and community meetings, including a new public library.

<a href="/developers/sunkin-property-group">Sunkin Property Group</a>&nbsp;is expecting the first stage of the development to be complete by late 2025.

[smartcode_project_cta:default project_id=108019]

Highett Common, situated on a 9.3-hectare site, will eventually accommodate over 1,000 residents

Highett Common about to come out of the ground as early site works approach completion

With their MAIHA apartment development approaching completion this year, local boutique Gold Coast apartment developer&nbsp;Quid Property Group has another project lined up for Tugun.&nbsp;

They've submitted plans for a&nbsp;nine-level building with just eight apartments above 17 car parking spaces.

Designed by Rachel Norman Architect, the building will feature a light and non-intrusive colour scheme, incorporating materials such as vertical screening, large glazing elements, extensive planters, and protruding awnings to protect privacy.&nbsp;

The architectural design aims to reflect the diverse character of Tugun, which includes a mix of beach shacks, mid-century apartment blocks, larger resort-style developments, and new slender single-lot apartment buildings.&nbsp;

"Fair to say that despite a lack of cohesive architectural language [in <a href="/new-apartments/tugun-qld-4224">Tugun</a>], the character of the place is defined by a celebration of beach lifestyle whether that’s the liveliness and transience of a holiday resort or the relaxed vibe of a beach shack turned unit building," the design statement by Rachel Norman Architect read.

"While the scale of building is changing the language of place, [it] all harks back to that lifestyle."

<img alt="329 Golden Four Drive Tugun building" data-entity-type="file" data-entity-uuid="2f691689-7c4f-4e9d-80fd-1d07aad79f53" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Golden%20Drive%20Tugun%20building.png?VersionId=YEViYyQhE_CJLYddEYUGlsQAWBR4rhPg" />

The design emphasises the beach lifestyle by incorporating curves to create dynamic visual elements and using earthy and natural materials to provide a tactile, human quality.&nbsp;

An undulating screen on the building’s northwest side mimics the movement of water and sand, with shadow play throughout the day creating a shifting, moiré pattern.

Inside, the units are designed to blend indoor and outdoor spaces, supporting a sub-tropical lifestyle that celebrates outdoor living.&nbsp;

From the third level upwards, the glazing opens the corner to integrate dining, living, kitchen, and deck areas into one cohesive space.&nbsp;

Smaller terraces with cascading plants provide private outdoor connections and shade from the western sun.

<img alt="329 Golden Four Drive Tugun rooftop" data-entity-type="file" data-entity-uuid="52fbd800-2bb6-4251-9aea-849a27de4c9a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Tugun%20rooftop.png?VersionId=POILun4pYnOaPUu792xvxy34NJIvUWBb" />

Privacy measures are also integrated into the design, with bathroom windows featuring opaque glass and minimised side elevation windows to prevent overlooking neighbouring properties.

The terraces also offer passive surveillance of the driveway without impacting neighbours' privacy.&nbsp;

Crowning the development will be a rooftop with amenities including an outdoor dining area, terrace, spa, and pool.

The site at 329 Golden Four Drive is in an established residential area with convenient public transport access, including a bus station at the property's frontage.&nbsp;

<img alt="329 Golden Four Drive Tugun" data-entity-type="file" data-entity-uuid="5e9671f2-fbee-417d-ab34-728405ff16ed" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Tugun%20site.png?VersionId=5ZzBQjSdi7l.iF5NDixyZc6wuZu3DUaA" />

The development is also located just a kilometre from Tugun Commercial Centre, with public parks and amenities nearby, including Tugun Park and the Betty Diamond Sports Complex within 400 metres, and direct access to the Oceanway.

<a href="/developers/quid-property">Quid Property Group</a> is also developing MAIHA, a boutique block of 10 beachside apartments in Tugun, designed by Plus Architecture. Slated for completion in late 2024, only two units remain available, starting from $1.49 million.

First look exclusive: Quid Property Group to double-down in Tugun

Queensland developer Sherpa Property Group is moving ahead with construction of its latest Gold Coast apartment development.

They've appointed <a href="/builders/lps-group">LPS Group</a>&nbsp;to deliver <a href="/new-apartments/perspective-helm">Perspective Helm</a> at <a href="/developments/chevron-island-qld-4217">Chevron Island</a>, just 10 residences on a north-facing riverfront site at 107 Stanhill Drive.

There are four waterfront villas on offer, four river residences, and two two-level penthouses. Prices start from $3.7 million and range up to $10 million. Each will have three to four bedrooms and multi-purpose rooms.

[smartcode_project:default project_id=143018 project_image_fid=288900]

<a href="/developers/sherpa-property-group">Sherpa</a>&nbsp;General Manager, Daniel Clarke, said there's already been two contracts from local buyers.

“Our confidence in Perspective Helm continues to grow with each project milestone completed, from receiving development approval to securing a reputable and respected builder and incredibly strong inquiry.

“We just want to get in and start and that’s why we have fast-tracked to construction after the recent approval. Perspective Helm is unlike anything we’ve previously introduced to the market, and LPS Group was truly the perfect match to bring our vision to fruition.”

[smartcode_project:default project_id=143018 project_image_fid=288901]

Perspective Helm will be designed by architecture firm&nbsp;<a href="/architects/hal-architects">HAL Architects</a>&nbsp;and with interior design by MAS Architecture.

In addition to Perspective Helm, LPS Group was recently appointed to deliver Sherpa’s Perspective Nexus at Palm Beach, which is currently under construction.

Following development approval in May, the Perspective Helm site is to settle in late July, with construction commencing on August 1.

[smartcode_project_cta:default project_id=143018]

Sherpa General Manager, Daniel Clarke, said there's already been two contracts from local buyers

Sherpa appoint LPS Group to build Perspective Helm, Chevron Island apartments

Architect turned developer Joe Adsett is teaming up with developer Zephyr Group QLD for Palais Bulimba, a boutique collection of high-end apartments on the Brisbane River.

The duo has just filed a minor-change application for the project on a prime 1,991 sqm site at <a href="/new-apartments/palais-bulimba-25-27-byron-street-bulimba">25-27 Byron Street</a>.

Adsett has designed the two buildings that will home just 13 luxury apartments, each offering expansive living areas, state-of-the-art kitchens and premium fixtures and fittings. Residents will also have access to a communal rooftop terrace with a lap pool, gym, sauna, and private gardens.

Adsett's design focused on taking advantage of the 30 metres of absolute river frontage, connecting residents to nature and views with river-facing balconies.&nbsp;

&nbsp;

Adsett is expecting Palais Bulimba to attract significant interest from both local and interstate buyers. Construction is slated to commence later this year, with completion expected in mid-2026.

<img alt="Palais" data-entity-type="file" data-entity-uuid="b2e59fe5-274a-4ff1-8855-3e85329fee14" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-26%20at%2012.03.30%E2%80%AFPM.png?VersionId=S8yAXZZQp.iwL7z1EAHx2.7O9sIJqxMv" />

Adsett and his team will be designing, managing the sales and development in partnership with developer Zephyr Group Qld, who will also build the project internally through their building division Zephyr Build.

"We are thrilled to have teamed up with Joe Adsett for this iconic project," said Zephyr Group Qld Managing Director Shane Winterton.

"Joe Adsett's vision for Palais Bulimba blends minimalist luxury in perfect harmony and is set to become a new icon in Bulimba."

&nbsp;

Zephyr Group Qld and subsidiary Zephyr Build Qld are a seasoned builder-developer with a proven track record spanning over a decade.

Adsett is one of Brisbane's most well-known architects. Since turning his eye to development, he's delivering <a href="/new-apartments/rockpool-rainbow-bay-154-156-marine-parade-coolangatta">Rockpool at Rainbow Bay</a> and <a href="/new-apartments/lagune-by-joe-adsett-20-queen-of-colonies-parade-moffat-beach">Lagune at Moffat Beach</a>.

Adsett is expecting Palais Bulimba to attract significant interest from both local and interstate buyers

First look exclusive: Joe Adsett partners with Zephyr Group for luxury Bulimba apartment development, Palais Bulimba

Kailani, the only new apartment development on Batemans Bay's dress circle Beach Road, has smashed not only the local record for the highest apartment sale, but for the whole Eurobadalla Shire.

The $2.75 million sale of the penthouse crowns the low-rise building that is currently under construction by builder-developer&nbsp;<a href="/developers/kela-building-group">KELA Building Group</a>.

McGrath Projects agent Adam Sparkes said the buyer was a local, and is intending on reconfiguring the large floorplan.

[smartcode_project:default project_id=135129 project_image_fid=258269]

The 219 sqm penthouse, with uninterrupted views of the bay and marina, has four bedrooms and two living zones, as well as a master suite with a walk-in robe and ensuite with dual vanity, a freestanding bath, and a shower.

The penthouse also includes a large front-facing terrace and a separate side balcony accessible from the second living area, offering a prime north-westerly aspect.

There are now just four apartments left in&nbsp;<a href="/new-apartments/kailani-batemans-bay-50-52-beach-road-batemans-bay">Kailani</a>, currently under construction with a completion date of early 2025.

Each of the remaining apartments have three bedrooms and interiors by&nbsp;<a href="/interior-designers/archebiosis-architects">Archebiosis Interior Architects</a>&nbsp;who were inspired by&nbsp;the natural beauty of the South Coast region, incorporating organic textures and three earth-inspired palettes.

[smartcode_project:default project_id=135129 project_image_fid=258271]

The location of Kailani is one of the best in the whole of Batemans Bay, and is unlikely to be repeated.

The golf club is one of the biggest drawcards in the whole of Batemans Bay. The championship Catalina Club Golf Course is accompanied by the Catalina Country Club, arguably one of the most popular spots in Batemans Bay and the wider Eurobodalla Shire.

Kailani residents will be a level walk to the Batemans Bay township where there are two shopping centres, Village Centre and Bridge Plaza. The marina across the road is a boaties paradise with all required amenities. It is also home to seafood restaurants Southern Catch and JJ's at The Marina

"The immediate surrounds of Kailani suits any kind of buyer, from families and holidaymakers who can be on the water in moments to retirees and downsizers who have cafes, all essential amenities and a 27-hole golf course 200m away from their front door," KELA Director James Lawson said.

Read more:&nbsp;<a href="/news/nsw/the-best-of-batemans-bay-why-kailanis-location-will-be-hard-to-repeat">The best of Batemans Bay: Why Kailani's location will be hard to repeat</a>

[smartcode_project_cta:default project_id=135129]

Batemans Bay apartment record smashed as Kailani penthouse sells

Burgeoning developer Toohey Miller is continuing its expansion into Sydney's most expensive property markets.

The developer, led by third-generation family member Nick Couloumbis whose grandfather founded <a href="/developers/toohey-miller">Toohey Miller</a> back in 1955 as an architecture practice, is heading to Woollahra, where they've convinced 16 owners to team up and part ways with their units in an interconnected, two-building development from the 1980s.

Plans with the Woollahra Council are for a new $29 million development designed by <a href="/architects/smart-design-studio">Smart Design Studio</a> at <a href="/new-apartments/3-fullerton-street-woollahra">3 Fullerton Street</a>, ideally located just behind Matt Moran's The Chiswick and a short walk from Woollahra's amenity on Ocean and Queen Streets.

The new development will be part five, part six level and home 15 apartments, the majority three-bedders.

Two basement levels will provide 31 parking spaces, while the huge four-bedroom penthouse will occupy the whole top floor and also have access to its own private rooftop terrace, complete with a swimming pool. Wyer &amp; Co is handling the landscaping.

<img alt="Fullerton" data-entity-type="file" data-entity-uuid="2dc4c137-fbe4-4d7d-9be6-add5c408cad1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-24%20at%202.45.44%E2%80%AFPM.png?VersionId=7VZxgbWkALfTNni44112iq0BZjTyuCbp" />

The existing building was considered for adaptive reuse; however, it does not comply with current Building Code of Australia (BCA) standards concerning accessibility, floor-to-ceiling heights, fire safety, mechanical systems, electrical systems, lift, hydraulic/stormwater, and energy efficiency.&nbsp;

Consequently, the decision was made to demolish the current structure and replace it with a new residential development that pays homage to nearby heritage and contributory buildings.

The site is located within the Woollahra Heritage Conservation Area (HCA) and the Rosemont Precinct. It is adjacent to a heritage-listed item on its east side, separated by a narrow grass path.&nbsp;

The development aims to respect the heritage items in the vicinity and the heritage significance of the HCA, enhancing the streetscape and contributing positively to the area.

Although the new building will be taller than the existing structure, it has been designed to minimise any adverse visual impact on nearby heritage items and the HCA.&nbsp;

<img alt="Woollahra" data-entity-type="file" data-entity-uuid="f18eb5fa-a39e-44a6-849b-c8a489b27634" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-24%20at%202.45.54%E2%80%AFPM.png?VersionId=4TBfo6rzHx.UlW.OLrqEA7icl9C7jNjc" />

Tall mature trees will largely obscure the view of the new development. The building's form, massing, setback, and materiality have been planned to be sympathetic to the surrounding heritage items and the HCA and the use of face brick will align with the existing inter-war flat buildings in the Rosemont Precinct, enhancing the site's streetscape presentation.

Since announcing themselves on the development scene in 2022,&nbsp;<a href="/developers/toohey-miller">Toohey Miller</a> has been busy acquiring sites across some of Sydney's best suburbs.

They've&nbsp; the majority of apartments in their luxury <a href="/developments/elizabeth-bay-nsw-2011">Elizabeth Bay</a> apartment development, <a href="/new-apartments/no-1-onslow-place-elizabeth-bay-1-onslow-place-elizabeth-bay">No.1 Onslow Place</a>. They're a joint venture partner on <a href="/new-apartments/muse-potts-point-30-34-brougham-street-potts-point">Muse Potts Point</a> nearby, while they're putting the finishing touches to their approved Darlinghurst apartment development, <a href="/new-apartments/henri-house-349-liverpool-street-darlinghurst">Henri House</a>.

The site is located within the Woollahra Heritage Conservation Area (HCA) and the Rosemont Precinct

First look: Toohey Miller reveal new Woollahra apartment plans

Consistent sales in the first stage of Veue, the latest stage of Sekisui House Australia's The Orchards masterplan in Norwest, has brought forward the release of its next stage, Veue Parkside.

<a href="/new-apartments/the-orchards-veue-parkside-norwest-15-19-spurway-drive-norwest-nsw-2153">Veue Parkside</a>&nbsp;comprises 156 apartments across two nine and 14-level buildings. There are four townhouse-style residences, as well as 10 two-level units.

Veue, stage four of the $1 billion masterplanned community, comprises 583 apartments, nearly half of the total apartments that will make up the 8.1-hectare The Orchards.

[smartcode_project:default project_id=145924 project_image_fid=287362]

<a href="/developers/sekisui-house-australia">Sekisui House Australia</a>&nbsp;sales manager David Lee says there are few&nbsp;opportunities in Sydney’s north-west to purchase carefully curated two-storey apartments as well as a collection of oversized four-bed sky homes.

"Veue Parkside is a masterpiece in craftsmanship, luxurious living surrounded by green spaces, recreational parks and stunning landscaping," Lee says.

“Veue Parkside’s direct connection to nature via a vertical green building spine supported by splendid northerly views overlooking Castle Hill Country Club and panoramic aspects across to the Blue Mountains from the west will capture the interest of perceptive buyers."

[smartcode_project:default project_id=145924 project_image_fid=287358]

Lee has been fielding interest from downsizers, young families, investors and first home buyers.

"[They] already know the many lifestyle benefits associated with residing in <a href="/developments/norwest-nsw-2153">Norwest</a> including its proximity to Norwest Metro Train Station, Norwest Marketown and major employment hubs such as Norwest Business Park will appreciate the exclusive purchasing opportunities in Veue Parkside."

Veue Parkside’s design vision defers to The Orchards’ natural surrounds with residences maximising connection to the landscape and nature, according to <a href="/architects/crone-architects">Crone Architects</a>&nbsp;Principal Julian Venning.

“The green of the gardens is drawn into the resident experience, while a sense of wellness is promoted in the design within the natural environment," Venning says.

"The curved form and soft corners of the buildings allow the towers to be seen in the round continuing greenery up the façade to integrate landscape and built form.

“All apartments have views to the gardens or green edging to their balconies. Veue Parkside is built around a central garden as a sustainable oasis of wellness encouraging exploration and relaxation."

&nbsp;

[smartcode_project:default project_id=145924 project_image_fid=287364]

Homes in The Orchards are supported by the idea of ‘Keinen Bika’ whereby a community is created that seamlessly blends in with the natural environment and surrounding scenery.

Floor-to-ceiling glazing to capture panoramic views of nature, optional interior schemes including diverse materials and tonal finishes, oversized balconies on upper levels and EV charging within the resident car park (optional upgrade) are some of the exceptional features Veue Parkside purchasers can expect.&nbsp;

Veue Parkside residents can entertain up to 100 guests within the communal function centre that opens up to landscaped parklands and a central podium. A concierge service is also available in the adjacent Building A, servicing the needs of all residents at The Orchards.&nbsp;

[smartcode_project:default project_id=145924 project_image_fid=287379]

The masterplan, designed by <a href="/architects/turner-studio">Turner</a>, is spread across five stages. When completed, the community will comprise 1,300 apartments.

The Orchards is located approximately 31 kilometres north-west of Sydney’s CBD and is nestled in Norwest. It is strategically positioned 800 metres from Norwest Metro Train Station and 600 metres from Norwest Marketown as well as Norwest Business Park - currently housing over 30,000 employees.&nbsp;

Veue Parkside is located at 15 – 19 Spurway Drive, Norwest. Construction has started and the first residents are expected to move in mid-2026. Close to 600 apartments have already been sold in The Orchards.&nbsp;

[smartcode_project_cta:default project_id=145924]

The Orchards, designed by Turner, is spread across five stages. When completed, the community will comprise 1,300 apartments.

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