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

Joel Robinson

The inflation result the property market was waiting for

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

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

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

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

Central Element seeks second Drummoyne apartment development

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

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

Off-the-plan property explained: What is stamp duty?

The ambitious $900 million redevelopment of Tweed Shopping Mall has received concept approval, setting the stage for a significant transformation of the site into a mixed-use precinct.&nbsp;

The approved masterplan encompasses a vast 178,601 sqm area at <a href="/new-apartments/36-bay-street-tweed-heads">36 Bay Street</a> and 16-32 Wharf Street in <a href="/developments/tweed-heads-nsw-2485">Tweed Heads</a>,&nbsp;just south of the NSW-Queensland border.

The redevelopment will introduce 13 new buildings, each with a maximum height of 15 levels, including nearly 1,400 residential units comprising townhouses and apartments.&nbsp;

The project will also feature extensive commercial, retail, and recreational facilities, ensuring a diverse and vibrant environment for both residents and visitors.

&nbsp;

<img alt="Staged $900 million redevelopment set to transform Tweed Shopping Mall" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-23%20at%2011.34.52%20am.png?VersionId=Ob6ujTkmt.Cz25oTw4HcP5FwFscZ4f65" />

Central to the master plan is the integration of open spaces and public domains, with 24,665 sqm dedicated to green areas and 4,156 sqm to landscaping, which will enhance the aesthetic appeal and promote sustainability within the precinct.&nbsp;

Over 45,000 sqm of retail space will be anchored by three supermarkets and a fresh food market, catering to everyday shopping needs while promoting a healthy lifestyle.&nbsp;

Additionally, a 52-key hotel will be built on the site, covering 4,537 sqm, further boosting local tourism and supporting the economy.

The project also includes more than 14,000 sqm of office space, a medical centre, a cinema complex, a gym, a child care centre with a capacity of 200 children, and a wellness centre.&nbsp;

The development is designed to integrate seamlessly with the existing road network, introducing a new street and pedestrian network to facilitate smooth traffic flow and enhance accessibility.

<img alt="tweed" data-entity-type="file" data-entity-uuid="be735921-0697-46c8-8d83-5917d53a2668" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-27%20at%208.42.34%E2%80%AFAM.png?VersionId=gU58qtRE_LT5RMDu7K0n8S0VC8x0f1TV" />

The Tweed Shire Council granted deferred commencement approval in mid-June, aligning the project with the strategic vision for the Tweed CBD.&nbsp;

This approval marks a critical step forward in the revitalisation of Tweed Heads, positioning the area for continued growth and modernisation.&nbsp;

Elanor Investors Group's master plan aims to create a sustainable, integrated town centre that meets the growing demand for housing and aligns with modern consumer preferences for living, working, and leisure spaces.

The redevelopment of Tweed Shopping Mall reflects broader trends in the region, where similar projects are reshaping the landscape.

This approval marks a critical step forward in the revitalisation of Tweed Heads, positioning the area for continued growth and modernisation

$900m plans to reshape Tweeds Heads secure approval

Owner-occupiers looking for a new apartment in Brisbane's inner suburbs have taken to Chermside's Estilo on the Park, the newest development by the family run developer builder, Gardner Vaughan Group.

The new development on Kittyhawk Drive,&nbsp;flanked by the expansive 73-hectare Seventh Brigade Park and one of the largest Westfield shopping centres in the southern hemisphere, was a hit with first home buyers earlier this year, who made up over half of the enquiry on Apartments.com.au. They were drawn to the apartments that offered over 100 sqm on title, with two bedrooms and two bathrooms.

Over 95 per cent of enquiry has come from owner-occupiers. More recently that demographic has shifted to the rightsizers and downsizers who have identified the three and four-bedroom apartments that range in size from 182 sqm to 280 sqm.

[smartcode_project:default project_id=100682 project_image_fid=285061]&nbsp;

<a href="/new-apartments/estilo-on-the-park-chermside-81-kittyhawk-drive-chermside">Estilo on the Park</a>&nbsp;comprises three towers. Lujosa and Belleza are both sold out, while Esencia, which homes 50 of the 122 apartments in the three-building project, was released to the market at the start of 2024.

Each apartment in Esencia features open-plan living spaces extending to large entertainer's balconies.

The kitchens are fitted with integrated European appliances and stone benchtops, while the large master suites feature walk-in wardrobes and en suites with double vanities, imported tiles and designer tapware.

In a conscious effort to cater to the work-from-home trend, some apartments have a private study space or a home office.

[smartcode_project:default project_id=100682 project_image_fid=186914]

Apartments at Esencia will sit above four commercial and retail tenancies, likely to home a cafe.

Residents will also have access to a rooftop terrace with indoor and outdoor dining, in addition to several relaxation zones, a central outdoor pool, and landscaped gardens.

<a href="/developers/gardner-vaughan-group">Gardner Vaughan Group</a>&nbsp;is approaching the final stages of construction, with the building nearly topped out. They're expecting residents to move into Esencia in early 2025.

[smartcode_project_cta:default project_id=100682]

Gardner Vaughan Group is approaching the final stages of construction, with the building nearly topped out

Owner occupiers seek larger apartments, target Chermside's Estilo on the Park

Aqualand&nbsp;has broken the North Shore record for the highest sales revenue achieved in one week at its recently completed North Sydney apartment development, AURA by Aqualand.

The integrated developer-builder has sold $40 million worth of apartments in the luxury Walker Street building that was <a href="/news/nsw/aqualand-officially-opens-landmark-north-sydney-apartment-development-aura-by-aqualand">officially completed in late June</a>.

<a href="/developers/aqualand-australia">Aqualand</a> expects to break the record again in the coming weeks as sales momentum continues to ramp up. They saw over $100 million in sales in February 2024, the most in a single month since the&nbsp;<a href="/developments/north-sydney-nsw-2060">North Sydney</a> tower was launched in December 2021.

[smartcode_project:default project_id=30959 project_image_fid=292862]

Aqualand has been a record-setter in the North Shore before, at its luxury&nbsp;<a href="/buildings/blue-at-lavender-bay-61-lavender-street-milsons-point">BLUE at Lavender Bay</a>&nbsp;development where they sold a penthouse for around $9 million in 2018, the highest price paid for an apartment at the time in the region. That was then broken a few weeks later with a $10.5 million sale.

Aqualand’s Head of Sales and Marketing, Alex Adams, said contracts were exchanged across all configurations at&nbsp;<a href="/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA by Aqualand</a>,&nbsp;including one, two, three and four-bedroom residences.

“It’s been interesting that no particular product has outperformed the others, with sales evenly spread across all apartment types," Adams said.

"Every aspect of the building is selling extremely well, which proves our product offering perfectly reflects buyer demand."

Adams believes the increase in buyer commitment that week reflected the building’s recent completion, as well as the ongoing evolution of North Sydney, with the long-awaited opening of the Victoria Cross Station and broader Sydney Metro, as well as the opening of AURA’s four world-class hospitality outlets in the new Walker Street Precinct; Genzo, Sol Bread and Wine, Una Providore and Soluna.

[smartcode_project:default project_id=30959 project_image_fid=292863]

“Our market campaign was also amplified leading up to AURA’s completion, resulting in enquiries over the past six months from potential buyers who weren’t yet ready to transact, reengaging with the project and returning to buy," Adams added.

“We also know the change to our buyer journey moving our display showroom into the completed building, was well worth the significant investment, as they can now directly experience the completed building firsthand. They can see the build quality in the new showroom, and when we take them up into the stunning display apartments, the build quality and high-level of finishes is reinforced in their mind, instils confidence in us leading to increased conversion. These apartment tours have been heavily booked, and with all the amenities finished, they can see it offers the best quality in the Sydney market.

“Given most buyers are owner-occupiers, with downsizers being overtaken by more and more families leading the buyer demographic, there is a select number of luxury buyers less likely to transact on off-the-plan projects and wait until they can experience the build quality, materials and attention to detail firsthand. They’re conscious they’ll experience the building on a daily basis, so they need reassurance the quality and lifestyle offering we’ve delivered is exactly as promised."

[smartcode_project:default project_id=30959 project_image_fid=292866]

Adams said there are more families choosing to right-size into a three-bedroom apartment, and now downsizers,&nbsp;who initially led the charge of sales, are starting to come back, resulting in more four-bedroom sales around the $7 million mark.

“We know one main reason downsizers held back is because they had to sell their family home with little security around what they could sell for. However, the housing market has been more stable recently and values have increased, so this has provided more confidence, especially with interest rates stabilising as well. This provided more time to list their homes until they got the price they wanted.

“There’s still also a distinct lack of competition, with the ongoing shortage of project approvals due to council rejections, and hence other developers not submitting plans, which results in fewer options for purchasers of luxury property."

[smartcode_project:default project_id=30959 project_image_fid=292884]

Towering 28 storeys above the streetscape, and commanding extensive views of Sydney Harbour, the&nbsp;<a href="/architects/woods-bagot">Woods Bagot</a>-designed mixed-use residential community comprises 386 luxury apartments above a community precinct that includes a two-level curated food and beverage podium with four world-class venues operated by their hospitality business, Etymon Projects.

Residents are set to benefit from an elevated luxury lifestyle with amenities including a dedicated concierge service, wellness centre with gym equipped with world-leading fitness technology brand TechnoGym, pool and spa, as well as a rooftop with a sun deck, private dining spaces, and a barbecue and kitchen space.

[smartcode_project_cta:default project_id=30959]

Aqualand’s Head of Sales and Marketing, Alex Adams, said contracts were exchanged across all configurations at AURA by Aqualand, including one, two, three and four-bedroom residences

AURA by Aqualand sees record sales week as Sydney's luxury new apartment market ramps up

Perth is set for one of Australia's largest urban renewal projects with the landmark $3.8 billion development of the Belmont Racecourse Precinct.

<a href="/developers/golden-sedayu">Golden Sedayu</a>&nbsp;recently revealed&nbsp;<a href="/new-townhouses/burswood-point-saintly-entrance-burswood">Burswood Point</a>, a 38-hectare masterplan that will bring 4,500 apartments and a significant amount of amenity and hospitality to the immediate area surrounding the racecourse.

Buyers have now been given the first chance to buy in Burswood Point, with the release of apartments in the first two towers, Somerset East and Somerset West.

[smartcode_project:default project_id=142314 project_image_fid=263313]

Part of the first two towers is a suite of amenities&nbsp;including a 20-metre infinity pool with views towards the Swan River, an observation deck with private views of the racetrack and Optus Stadium, and a wellness centre.&nbsp;

The first tranche of retail and hospitality will also feature in this stage.

With everything going on at Burswood Point, we went to visit the display suite at 1 Saintly Entrance, <a href="/developments/burswood-wa-6100">Burswood</a>, to delve into the first stage of this 20-year project.

<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/QBKkNbxwSZY?si=fV5NySPiHQRBnTpr" title="YouTube video player" width="560"></iframe>

[smartcode_project_cta:default project_id=142314]

Inside Burswood Point: Urban's display suite tour

Buyers have jumped at the opportunity to become among the first to secure an apartment in the first apartment release at Melrose Central, the new multi-stage masterplan by Deicorp and PAYCE in the transformative Melrose Park urban renewal project.

CBRE took 40 deposits on the opening launch of the display suite at <a href="/new-apartments/melrose-central-melrose-park-33-hope-street-melrose-park-nsw-2114">Melrose Central</a>&nbsp;which will deliver a new community in the heart of the new Melrose Park Town Centre, on the edge of the Parramatta River. It will comprise around 500 apartments set above 30,000 sqm of retail and commercial space.

[smartcode_project:default project_id=134220 project_image_fid=289883]

CBRE Residential Project Managing Director, David Milton, says Melrose Central represents great value for buyers.

"Our two-bedroom, two-bathroom apartments are priced under $1 million. If you go to any of the neighbouring suburbs, you can't get that kind of value," Milton suggests.

Milton says the buyer pool has been diverse, with first home buyers, local owner-occupiers, and even investors purchasing.

[smartcode_project:default project_id=134220 project_image_fid=289894]

Since the bumper sales day at the weekend, CBRE has signed several more contracts, taking sales closer to 50.

Designed by <a href="/interior-designers/turner-studio">TURNER STUDIO</a>, the $700 million Melrose Central is a key component of the 55-hectare Melrose Park North Urban Renewal Precinct near the Parramatta River.

Melrose Central is positioned to offer residents the convenience of living near a major shopping centre, parks, and open spaces, all within proximity to the planned Parramatta Light Rail.&nbsp;

The development will include six buildings, each with its unique design elements, rising above a five-level podium that will house a Coles supermarket, specialty stores, health and wellness facilities, and various retail and hospitality venues.&nbsp;

[smartcode_project:default project_id=134220 project_image_fid=289887]

Work on the site has already begun in February, and stage one will see the construction of the podium and three of the six buildings, with completion expected by mid-2027.&nbsp;

The remaining three buildings will follow, culminating in a development that will contribute to the broader Melrose Park precinct which in total will deliver around 6,000 apartments to Sydney's chronically undersupplied housing market.

The Melrose Park urban renewal project has been eight years in the making, with initial planning discussions dating back to 2016.&nbsp;

[smartcode_project_cta:default project_id=134220]

CBRE Residential Project Managing Director, David Milton, says Melrose Central represents great value for buyers.

Melrose Central apartments fly off the shelves at weekend launch

Lendlease&nbsp;has confirmed to its shareholders that it will again team up with&nbsp;Mitsubishi Estate Asia on a new development in Sydney's Eastern Suburbs.

The much-publicised site at 1 Darling Point Road had been owned by international development company Anka Property, who for years had&nbsp;been in discussion with the Woollahra Council for the 1,748 sqm site opposite the Edgecliff Centre and Edgecliff Station.

Despite initially being refused by the council back in 2021, they backflipped on the design earlier this year, paving the way for the tower which is nearly four times the area height limited.

Anka then decided to sell the 1,700 sqm site, on the corner of New South Head Road and Darling Point Road.&nbsp;<a href="/developers/lendlease-development">Lendlease</a> and&nbsp;Mitsubishi Estate Asia is now planning a&nbsp;mixed-use, residential-led scheme with associated amenities and commercial and retail spaces, subject to planning approval. Anka had planned a 12-level building with around 40 apartments.

<img alt="Darling Point" data-entity-type="file" data-entity-uuid="2b7c41d4-3b7b-4cf2-8100-e94d25637f13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-22%20at%2011.24.27%E2%80%AFAM.png?VersionId=T_YTjahY9OLlek8EvfkfjTUkoQudWOAl" />

The 50/50 joint venture marks the sixth project <a href="/developers/lendlease-development">Lendlease</a> and Mitsubishi Estate Asia&nbsp;have undertaken together. Previous ventures include <a href="/new-apartments/one-sydney-harbour-6-watermans-quay-barangaroo">One Sydney Harbour</a>, <a href="/new-apartments/one-circular-quay-1-alfred-street-sydney">One Circular Quay</a>, Sydney Place, and <a href="/buildings/east-tower-melbourne-quarter-628-flinders-street-docklands">Melbourne Quarter’s East Tower</a>.&nbsp;

Construction is earmarked to start on the development in 2026.

Tom Mackellar, CEO of Development Lendlease, said the&nbsp;acquisition supports the strategic growth of their development pipeline in Australia.

“We look forward to working alongside our trusted development partner, Mitsubishi Estate Asia, to deliver high-quality housing to this highly connected and sought-after neighbourhood in Sydney’s Eastern Suburbs.”&nbsp;

Head of Australia, Mitsubishi Estate Asia Head of Australia,&nbsp;Yuzo Nishiyama, said the&nbsp;highly strategic investment that Mitsubishi Estate Asia has made with Lendlease will capitalise and extend on the strong success they have shared together in Sydney’s luxury residential market. &nbsp;

It also reinforces our commitment to do more with our partners in sectors that deliver attractive risk-adjusted returns for our Australian business. We look forward to making more investments in Australia’s residential market to help address the prevailing supply shortage.”

Tom Mackellar, CEO of Development Lendlease, said the acquisition supports the strategic growth of their development pipeline in Australia

Lendlease and Mitsubishi Estate Asia confirm new Darling Point apartment development

A decade of construction that will deliver homes for thousands of Gold Coast residents commenced this week as ceremonial shovels hit soil at Lewis Land’s visionary Harbour Shores community.&nbsp;

Gold Coast Mayor Tom Tate, Councillor Mark Hammel and Councillor Shelley Curtis were among the guests celebrating the milestone, which will deliver up to 5,000 new construction jobs over the next 10 years, a new community parkland, public boardwalk, and the most sustainable homes in the city’s history.&nbsp;

<a href="/developers/lewis-land-group">Lewis Land</a> Chief Executive Officer Brett Draffen said the vacant 16-hectare site, which has been held by the group for more than 40 years, would be transformed into a vibrant ‘village of villages’ that will ultimately be home to more than 4,000 people.&nbsp;

[smartcode_project:default project_id=113271 project_image_fid=290036]

“<a href="/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters">Harbour Shores</a> represents the largest and most dynamic community development in Lewis Land’s 65-year history, delivering architectural homes and apartments immersed in nature and world-class amenities,” Draffen said.&nbsp;

“From the outset, we assembled a first-class team of architects, landscape designers, planners and placemaking experts and set an ambitious sustainability goal for Harbour Shores to become the group’s first completely fossil-fuel-free development."

[smartcode_project:default project_id=113271 project_image_fid=290045]

Harbour Shores has received a 6 Star Green Star Communities rating from the Green Building Council of &nbsp;Australia, a world leadership standard, making it the most sustainable development in the history of the Gold Coast.&nbsp;

“More than 200,000 new native and tropical plants will immerse the residential spaces in nature, while rainwater harvesting and retention tanks, solar power, and electric vehicle charging stations will ensure Harbour Shores is built for the future.&nbsp;

“Respected local builder <a href="/builders/greyburn">Greyburn</a> has been appointed to deliver the first collection of boutique buildings and we’re thrilled to have their expertise on this project.”&nbsp;

[smartcode_project:default project_id=113271 project_image_fid=290022]

Lewis Land has a long-standing history on the northern Gold Coast, pioneering the creation of the &nbsp;Sovereign Islands, Ephraim Island, Paradise Point Keys, Huntington Harbour and Harbour Town, redefining luxury, lifestyle and destination retail.&nbsp;

Designed by <a href="/architects/bda-architecture">BDA architects</a>, Harbour Shores will evolve over the next decade to deliver a mix of boutique apartments and villas, communal open spaces and parklands, a 1.2-kilometre waterfront boardwalk, private marina berths, and a range of resort-style resident amenities.&nbsp;

Draffen said the first residential releases at Harbour Shores include a collection of waterfront villas known as The Residences, and the boutique apartment collection The Waterline, connected by extensive landscaping, green spaces and pedestrian networks.&nbsp;

“The majority of buyers in our first release are local which is a fantastic endorsement of our vision for &nbsp;Harbour Shores,” he said. “More than 40% of the first release is already under contract and based on the current timeline, the first residents will be welcomed to Harbour Shores in mid-2026.”&nbsp;

The collection of three and four-bedroom waterfront villas at The Residences, each with their own private plunge pools, are priced from $3.05 million.

Apartments within The Waterline, which enjoys water and park views, start from $1.22 million for a two-bedroom apartment and $1.62 million for a three-bedroom apartment. &nbsp;

Harbour Shores is being marketed by Colliers International.

[smartcode_project_cta:default project_id=113271]

Decade of construction commences at visionary Harbour Shores community

Lewis Land break ground at Harbour Shores in Biggera Waters

The family-run M3 Group is continuing its pursuit of developing architecturally striking and affordable new townhouses in Melbourne's north-eastern suburbs.

Having successfully completed a trio of boutique townhouse developments in Reservoir, M3 Group, which was founded three decades ago by the Mancuso family who still run the business today,&nbsp;has launched its next townhouse installment in nearby&nbsp;<a href="/developments/preston-vic-3072">Preston</a>.

The four townhouses, <a href="/new-apartments/23-sussex-st-by-m3-group-preston-23-sussex-preston-vic-3072">23 Sussex Street</a>, on the Preston Thornbury border,&nbsp;are designed with a distinctive gable roof, arched forms, curved brickwork, and timber entry doors that contribute to the unique character of the residences.

[smartcode_project:default project_id=145878 project_image_fid=289257]

Each townhouse will include four bedrooms, a landscaped courtyard, and either a double garage or two car spaces, catering to the needs of families.

&nbsp;

The open-plan living, kitchen, and dining areas are designed to maximise space, leading out to the courtyard.

[smartcode_project:default project_id=145878 project_image_fid=289259]

The upper level of each townhouse provides flexibility, with a fourth bedroom that can be converted into a rumpus room or a large study.

Sustainability is also a key focus of the development, with the townhouses aiming for a 6-star energy rating. Double-glazed windows are included to enhance insulation, improve energy efficiency, and reduce noise.&nbsp;

Located just off Dundas Street and near the Preston Activity Area, 23 Sussex Street offers convenient access to local amenities.

[smartcode_project:default project_id=145878 project_image_fid=289256]

M3 Group’s in-house construction team, which completed the Reservoir townhouses in just eight months, is set to begin construction soon.

M3 Group is fully integrated, not only handling the development and construction of its projects, but the design as well.

"There's a sense of playfulness to its form, yet each space is highly functional," Gianni Mancuso, Architect M3 Group, said.

"There is undeniable street appeal as you approach,"

[smartcode_project:default project_id=145878 project_image_fid=289255]

The launch of 23 Sussex Street follows the successful sell-out of their townhouse project at <a href="/buildings/158-purinuan-rd-by-m3-group-158-purinuan-road-reservoir">158 Purinuan Road</a> in Reservoir, where all residences were purchased by owner-occupiers before completion.&nbsp;

&nbsp;

They only have one townhouse left in each of&nbsp;<a href="/buildings/48-dundee-st-by-m3-group-48-dundee-street-reservoir">48 Dundee Street</a>&nbsp;and&nbsp;<a href="/buildings/69-hickford-st-by-m3-group-69-hickford-street-reservoir">69 Hickford Street</a>, both also in <a href="/developments/reservoir-vic-3073">Reservoir</a>.

&nbsp;

&nbsp;

[smartcode_project_cta:default project_id=145878]

M3 Group is fully integrated, not only handling the development and construction of its projects, but the design as well

M3 Group expands into Preston with boutique townhouse project

Local developer 21 Property Group is approaching construction completion at Burleigh Beach Houses, a luxury collection of just six villas just two streets back from the beach.

Only two of the six townhouses remain, the final two to&nbsp;

<a href="/buildings/burleigh-beach-houses-2-banksia-broadway-burleigh-heads">Burleigh Beach Houses</a> present almost as three duplexes, with each pair of townhouses having their own architectural style.

The last two townhouses, on the end of the road on Banksia Way, feature a sculpted, curved facade which immediately capture the eye.

[smartcode_project:default project_id=141528 project_image_fid=264406]

They have four bedrooms across three levels and have 330 sqm of internal and external living space which includes a north-facing rear garden with outdoor kitchen, alfresco area, and a plunge pool. An internal lift services all levels, futureproofing the home for generations.

The other four townhouses have been snapped up pre-completion by a mix of buyers. One was bought by an investor from Sydney, one went to a Melburnian who is set to relocate to the Gold Coast, and another was picked up by a local who sold their family home nearby.

One of the builders from <a href="/developers/carmichael-build">Carmichael Build</a> has purchased a townhouse, which often boosts confidence among other prospective buyers when a builder invests in a development they've built.

[smartcode_project:default project_id=141528 project_image_fid=264399]

Burleigh Beach Houses is strategically positioned just outside of the centre of <a href="/developments/burleigh-heads-qld-4220">Burleigh Heads</a>, a short walk to James Street and the Burleigh Pavilion.&nbsp;

Burleigh Heads has been a popular spot on the beachfront, with luxury apartments being developed all the way up The Esplanade, but townhouse developments with the craftmanship of Burleigh Beach Houses have been few and far between.

[smartcode_project_cta:default project_id=141528]

The last two townhouses, on the end of the road on Banksia Way, feature a sculpted, curved facade which immediately capture the eye

Burleigh Beach Houses near completion with just two villas remaining

The small riverside suburb of Highgate Hill often gets overshadowed by its more popular neighbour West End.

But the newest plans submitted to Brisbane City Council are for a rare multi-residential apartment development just a few rows off Vulture Street which divides the two suburbs.

The new development, Westbourne Residences,&nbsp;is being pitched by Riccardo and Mark Berlese, the latter of whom is the&nbsp;COO ​and Company Secretary&nbsp;at Sarina Russo Group. They're proposing 47 new apartments across a three-to-four-level building at <a href="/new-apartments/13-19-westbourne-street-highgate-hill">13-19 Westbourne Street</a>, 800 metres from South Bank Station.

It will offer something for everyone, with 10 one-bedroom apartments, 34 two-beds, and three three-bedroom apartments.

<img alt="Westbourne Residences DA" data-entity-type="file" data-entity-uuid="0260ab84-d0fd-46b9-84ea-dd1c2e5bedad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Westbourne%20Residences%20pers.png?VersionId=F8gXL1wPg5Wu83kj95TepprKBcsrwYXv" />

Designed by <a href="/architects/nettletontribe">Nettletontribe</a>, Westbourne Residences "aims to reflect and respect the rich historical context of Highgate Hill," the documents submitted to the Brisbane City Council suggest.

The building's façade will feature red brick, a nod to the area's heritage architecture, while the hit-and-miss brick detailing is intended to complement the timber and tin character of the neighbourhood.&nbsp;

The design features a building envelope divided into two distinct forms, incorporating landscaped arrival spaces and circulation around garden balconies.

The communal space is located on the rooftop and will feature a&nbsp;swimming pool with a deck, adjoining barbecue facilities and breakout area, and a gym. 
 
<img alt="Westbourne Residences DA amenities" data-entity-type="file" data-entity-uuid="a23d9863-b924-45f1-8588-225b46618bf7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Westbourne%20Residences%20amenities.png?VersionId=Ow1PAocf.xdITTpN5NT_DAzWwj.m.5W1" />

The site is just 400 metres from Brisbane State High School and within walking distance of several amenities including The Collective Markets, West Village Shopping Precinct, and South Bank Parklands.

The last apartment development pitched for <a href="/new-apartments/highgate-hill-qld-4101">Highgate Hill</a> was by Sabi Property, led by Bluebird Founder Riye Arai-Coupe. McNab is now believed to be developing the Dudley Street site.

The site is just 400 metres from Brisbane State High School and within walking distance of several amenities including The Collective Markets, West Village Shopping Precinct, and South Bank Parklands

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