<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?

Melbourne developer&nbsp;Wickton, in collaboration with Will Leaf's architecture firm Ewert Leaf, has prioritised a balance between aesthetics and sustainability at their Hampton apartment development, Linacre Rise.

<a href="/new-apartments/linacre-rise-hampton-8-10-linacre-road-hampton">Linacre Rise</a>, bringing 27 more apartments to <a href="/developments/hampton-vic-3188">Hampton</a>, was designed to exude openness, brightness and an elevated aesthetic that will also stand the test of time.

[smartcode_project:default project_id=95289 project_image_fid=229694]

Solar panels will be installed to reduce reliance on conventional energy sources, lower electricity bills, and decrease the building's carbon footprint.

A rainwater harvesting system will collect and store rainwater, which is then used for toilet flushing and landscape irrigation. This system conserves potable water and reduces overall water consumption.

The development will also be equipped with low-flow toilets and faucets, as well as efficient dishwashers, to minimize water usage without sacrificing performance.

Shared EV charging stations will be available to support the transition to electric vehicles by providing convenient charging options for residents.

[smartcode_project:default project_id=95289 project_image_fid=229695]

Located next to Linacre Private Hospital and within a few hundred metres of Peace Park, Sandringham Golf Club, and Sandringham Beach, Linacre Rise's location also supports convenient access to essential local amenities, encouraging residents to walk or bike.

Appointed builder <a href="/builders/balmain-co">Balmain &amp; Co</a> is anticipating a Q1 2025 completion for <a href="/new-apartments/linacre-rise-hampton-8-10-linacre-road-hampton">Linacre Rise</a>.

[smartcode_project_cta:default project_id=95289]

Linacre Rise will feature EV charging, solar panels, and rainwater tanks

mikah.m@urban.com.au

The sustainability factor at Hampton's Linacre Rise apartments

Top Spring Australia's $500 million residential community, <a>The Newlands</a>, has made a significant mark as the first development approved in Lane Cove's rezoned St Leonards South Precinct.&nbsp;

Designed by <a href="/architects/bates-smart">Bates Smart</a> and landscaped by <a href="/landscape-architect/arcadia-landscape-architecture">Arcadia Landscape Architecture</a>, The Newlands emphasises a pedestrian-oriented precinct with a focus on the natural landscape of Newlands Park.

We recently visited the display suite, onsite at&nbsp;21 Canberra Avenue, St Leonards, to look more into what's on offer.

<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/xrSgS_0Mx1U?si=s2mmYdLdOINEHZY1" title="YouTube video player" width="560"></iframe>

Architectural Vision and Design

<a href="/new-apartments/the-newlands-st-leonards-21-41-canberra-avenue-st-leonards">The Newlands</a> comprises five buildings ranging from eight to twelve levels. The first released building, Verdant, offers 99 one, two, and three-bedroom apartments. These apartments boast garden terraces, communal lawns, and a pedestrian link to Newlands Park. The development’s emphasis on green spaces and natural aesthetics aims to provide a serene, urban living experience.

[smartcode_project:default project_id=24509 project_image_fid=263841]

Verdant's Features and Market Appeal

High demand has prompted the expedited launch of the next building, Glade, a boutique nine-level building. Glade features one, two, and three-bedroom apartments alongside The Newlands' 5,700 sqm green spine. <a href="/project-marketer/colliers">Colliers</a> Director Daniel McMahon noted that the majority of buyers are professional couples, with significant interest from downsizers within the Lower North Shore area.

"The Newlands is a development for every generation," said McMahon. "The mix of buyers includes young families valuing the large apartments and parkland proximity, as well as empty nesters who appreciate the premium finishes and walkable lifestyle."

The most recent buildings launched were Saige and Gaia, which will form the heart of the masterplan.

Community and Sustainability

The community-driven design of The Newlands resonates with buyers’ values of sustainability and connection to nature. Around 90 per cent of apartments and terrace homes will offer green landscape views, with some providing direct park frontage. The buildings are interconnected by a 5,700 sqm communal green spine featuring boardwalks and lush landscapes.

[smartcode_project:default project_id=24509 project_image_fid=257585]

Prime Location and Connectivity

Located just minutes from the heart of&nbsp;<a href="/developments/st-leonards-nsw-2065">St Leonards</a>, The Newlands is a 10-minute walk to the Harbour and close to Crows Nest and North Sydney, benefiting from the area's major projects, transport, and employment opportunities.

Market Reception and Pricing

<a href="/developers/top-spring-australia">Top Spring Australia</a> broke ground late last year, with construction on stage one by 4.5-star iCIRT-rated builder DASCO expected to complete in late 2025. The project has garnered interest primarily from owner-occupiers attracted to its amenities and the green, harbourside lifestyle.

[smartcode_project:default project_id=24509 project_image_fid=263846]

The Newlands is marketed by Colliers, with prices starting at $878,000 for one-bedroom apartments, $1.48 million for two-bedroom apartments, and $2.45 million for three-bedroom apartments. The next stage release will soon bring additional opportunities for potential buyers to join this thriving community.

[smartcode_project_cta:default project_id=24509]

Inside The Newlands, St Leonards apartments: Urban's display suite tour of Top Spring Australia's newest apartment development

Luxury apartment developer and hotel operator, KTQ Group, has cleared the final hurdle in its Kirra Beach Hotel redevelopment project.

A court appeal to stop the development of a further three buildings in the transformative project has recently been dismissed, paving the way for more apartments above a slew of new retail and services spaces in the sought-after surf mecca.

Following the first stage completion of Miles Residences, which recently settled, Peggy Flannery's&nbsp;<a href="/developers/ktq-group">KTQ Group</a> will now push on with another 16-level building with 116 apartments, a 13-level building with 87 apartments, and a seven-level hotel with 92 rooms.

&nbsp;

The development will also feature food and drink outlets, shops, offices, health care services, service industries, and indoor sports and recreation facilities.

<img alt="KTQ bring Kirra Point development forward by three years" 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/field/image/kirra_miles.jpg?VersionId=mSbyH2mnz.oWdw69pnWrpbBrs1fyNYo5" />

<a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta">Miles Residences</a>&nbsp;was the first stage of the redevelopment that was released to the market in late 2020. It witnessed overwhelming demand, with all apartments sold within a few months. The success prompted the expedited construction of Miles Residences, alongside the replacement of the original Kirra Beach Hotel with a new pub and pavilion.

Other revisions to the initial 2022 plans include the removal of building four, the introduction of indoor sport and recreation facilities, design changes, and height increases for smaller buildings.

The development will be home to a total of 203 apartments and a 92-room hotel, with a notable shift towards fewer one-bedroom and more four-bedroom apartments compared to earlier proposals.

<img alt="KTQ bring Kirra Point development forward by three years" 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/pictures/article-images/_g1a2346-x311.jpg" />

The final plans, designed by <a href="/architects/little-boat-projects">Little Boat Projects</a> with support from <a href="/architects/nettletontribe">Nettleton Tribe</a>, were approved following additional information on the noise impacts of the rooftop pool and bar area.&nbsp;

The rooftop area is designated for exclusive use by hotel guests and will not host live music events.

The project, expected to be completed by 2026, has already commenced construction, with initial demolition, excavation, and groundwork underway.&nbsp;

The project, expected to be completed by 2026, has already commenced construction, with initial demolition, excavation, and groundwork underway

KTQ clears final approval for Kirra Beach Hotel redevelopment

Development Victoria is bringing some much-needed affordable supply to Melbourne's booming western corridor, a growing area where the suburb of Sunshine is the focal point.

<a href="/developers/development-victoria">Development Victoria</a>&nbsp;is currently developing LUMA in <a href="/developments/sunshine-north-vic-3020">Sunshine North</a>, a masterplanned townhouse community near Sunshine Station.

Stage one of the community is also sold out and under construction, while stage two construction is soon to kick off under the same builder, SAW Construction.

[smartcode_project:default project_id=27783 project_image_fid=286483]

Development Victoria is offering a wide variety of townhouses, a mix of configurations from one through to four bedrooms.

With everything going on at <a href="/new-townhouses/luma-sunshine-north-247-st-albans-road-sunshine-north-vic-3020">LUMA</a>, we sat down with Development Victoria's Development Director, Tyson Burkett, to talk about the development.

<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/3dFz8Iqfc4k?si=m4HaKBdrqewf1YRd" title="YouTube video player" width="560"></iframe>

Burkett emphasises <a href="/new-townhouses/luma-sunshine-north-247-st-albans-road-sunshine-north-vic-3020">LUMA</a>'s focus on sustainability, showcasing its seven-star energy-rated homes equipped with solar panels and electric vehicle (EV) charging stations. These features not only reduce environmental impact but also lower ongoing costs for homeowners, making sustainable living accessible and practical.

[smartcode_project:default project_id=27783 project_image_fid=96896]

Future plans for the site include a pedestrian and vehicle bridge over Stony Creek via Metherall Street, providing a link between LUMA and the existing community, and new commercial and retail precincts featuring a mix of retail outlets such as supermarkets and specialty stores to support the everyday needs of local residents.

<a href="/builders/saw-construction">SAW Construction</a>&nbsp;is currently building stage one of LUMA, with those townhomes expected to be ready for occupancy early next year.

[smartcode_project_cta:default project_id=27783]

With everything going on at LUMA, we sat down with Development Victoria's Development Director, Tyson Burkett, to talk about the development

Michael Bird

Everything a buyer needs to know about Development Victoria's LUMA, Sunshine North townhouse development

Sydney's busiest apartment developer Deicorp is continuing its dominance in Sydney's inner-city suburbs.

They've filed plans with the City of Sydney Council for their <a href="/new-apartments/130-joynton-avenue-zetland">2.86-hectare Joynton Avenue site</a>, the former AusGrid facility they secured two years ago.

The proposal is for nine new buildings as part of a new mixed-use precinct at the end of Zetland Avenue, near Gunyama Park. There will be a total of 574 apartments at a cost of just over $300 million.

Akin to its other Zetland apartment development Downtown, the new development, dubbed The Avenues, in the planning documents, will have extensive retail at street level.

Designs have been drawn up by Fender Katsalidis, Candalepas Associates and Lachlan Seegers Architects for the nine buildings.&nbsp;The larger buildings, labelled A, B and C on the perimeter of the site, have been designed by Fender Katsalidis.&nbsp;

<img alt="Deicorp" data-entity-type="file" data-entity-uuid="6fb264fa-6872-42b8-81a6-18be48abf870" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-13%20at%2010.47.05%E2%80%AFAM.png?VersionId=VRb2qLsnaakvT8Lyll54bVMQECaltz7N" />Building A by Fender Katsalidis

Building A, next to Woolwash Park, will be the tallest of the three at 14 levels. That will home 93 apartments. Building B will have 76 apartments across 12 levels, while building C, next to Biyanbing Park, will rise just eight levels with 61 apartments

Building A will home a providore grocer, cafe and bistro on the ground floor. Building B will have a coffee pop up, juice bar, and a speciality food retailer and Building C will have a large restaurant, a smaller restaurant, and a food and beverage outlet.

The three buildings FK has designed will home 230 apartments, 44 one-beds, 162 two-beds and 24 three-bedroom units.

<img alt="FK" data-entity-type="file" data-entity-uuid="69fdba1d-896f-494d-b7ee-6c9a9cd8a251" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-15%20at%209.39.26%E2%80%AFAM.png?VersionId=ha84O5O5hpAyE21fEr6f.3MAtSm8xEDX" />Building C by Fender Katsalidis

Candalepas designed several of the other smaller buildings. They will bring the other 344 apartments,&nbsp;62 one-beds, 231 two-beds and 51 three-bedroom units.

The Design Verification Statement, signed by&nbsp;Angelo Candalepas, said the proposed building provides a density within the constructs of both the Sydney Local Environmental Plan and the City of Sydney’s current Development Control Plan.

"As such, the proposal is reflective of the future desired character for this area. Given its inner-city location, the Site is well-serviced by local infrastructure, public transport, employment, community facilities, parks, shopping etc."

<img alt="Deicorp" data-entity-type="file" data-entity-uuid="533d57d2-ebc6-4278-a731-7aff71abc137" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-13%20at%2010.44.48%E2%80%AFAM.png?VersionId=RFUzElWmRRukb8VkxBiRTDfzW6yvMkRl" />Building D1 by&nbsp;Candalepas Associates

On the design, Candalepas said the materials are unified and developed as a series of earth-coloured brick structures that provide a deliberate warmth to the centre of the heavily landscaped site.

"The proposal is based around building forms with elegant proportions, contextual linkages as well as a number of pleasuring aesthetic offerings such as textural variety and the carefully considered interplay of light and shadow."

<img alt="Deicorp" data-entity-type="file" data-entity-uuid="dae51cfc-3655-457e-801b-400480bc3bc8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-15%20at%209.47.58%E2%80%AFAM.png?VersionId=WXY42GnG41Rh7kdWGOd_6JV2rkaQqA74" />Building E2 by&nbsp;Lachlan Seegers Architects

The buildings will be sustainable, with the design of the&nbsp;façade developed as a thermally efficient high-performance envelope, to optimise passive thermal design principles and provide user-controlled, external shading devices in conjunction with natural ventilation to regulate thermal comfort.

"We propose to deliver an Environmentally Sustainable Design (ESD) that will not only respond to the regulatory challenges of achieving BASIX and SEPP Sustainable Buildings 2022 targets, but will also provide a vibrant, engaging and healthy development for residences,"&nbsp;Candalepas noted.

Deicorp is one of Sydney's most active developers. It has live developments in Zetland, Parramatta and several in Sydney's Hills District, while also preparing to launch apartments in Melrose Park, Rhodes and Crows Nest.

<h2>Joynton Square Summary</h2>

Address: 130 Joynton Avenue, Zetland

Site: 27,980 sqm

Developer: Deicorp

Architects: Candalepas Assocaites, FK and&nbsp;Lachlan Seegers Architects

Apartments: 574

Parking: 229

First look exclusive: Deicorp submit plans for The Avenues, mixed-use Zetland precinct

Developer Siera Group has quickly established itself as one of the busier apartment developers on the Gold Coast in recent years.

Having launched Tapestry on Chevron Island 18 months ago, Siera has since progressed quickly on two more developments, Pipis on the Bilinga beachfront, and a soon to be launched project on <a href="/new-apartments/exhale-surfers-paradise">Enderley Avenue</a>, just off Northcliffe Beach in <a href="/developments/surfers-paradise-qld-4217">Surfers Paradise</a>.

With everything going on at <a href="/developers/siera">Siera Group</a>, we catch up with Siera Group's Founder and Managing Director, Brent Thompson, to talk about what they're up to.

<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/KQ9mbDD0Mgs?si=7hlovVic1Z3nYElJ" title="YouTube video player" width="560"></iframe>

With everything going on at Siera Group, we catch up with Siera Group's Founder and Managing Director, Brent Thompson, to talk about what they're up to

Inside Siera Group's three very different Gold Coast apartment developments

Metro Equity PG is attracting families to its unique Doncaster townhouse development, <a href="/new-townhouses/arden-residences-doncaster-east-18-amdura-road-doncaster-east">Arden Residences</a>.

The townhouses are designed for a large family. Each townhome has four bedrooms across a three-level floor plan, with an open-plan layout that connects the kitchen, dining, and lounge to north-facing outdoor areas for indoor-outdoor living and entertaining.

Arden Residences' large family-centred design combined with its strategic location further caters to family buyers seeking a new home in a well-connected and vibrant community.

[smartcode_project:default project_id=142485 project_image_fid=229775]

Strategically located 17 kilometres east of Melbourne’s CBD and within the highly sought-after <a href="/developments/doncaster-east-vic-3109">East Doncaster</a> Secondary College and Donburn Primary school zones, Metro Equity PG positions the family buyers at the epicentre of education and leisure.

The surrounding area is home to libraries, parks, and restaurants, offering a well-rounded lifestyle for young and established families.

The development's location also provides access to natural reserves and major sports and entertainment precincts, supporting a balanced lifestyle of convenience and recreation.

[smartcode_project:default project_id=142485 project_image_fid=229776]

The proximity to Tunstall Square Shopping Centre ensures residents have access to daily necessities, including retail outlets, cafés, and bakeries.&nbsp;

Westfield Doncaster Shoppingtown, one of Victoria’s largest shopping centres, provides a broader range of retail stores, galleries, and diverse dining options.

Arden Residences starts at $1.49 million, with potential homebuyers eligible for stamp duty savings.

[smartcode_project_cta:default project_id=142485]

Arden Residences will sit within the highly sought-after East Doncaster Secondary College and Donburn Primary school zones

Metro Equity PG caters to families in Doncaster townhouse development, Arden Residences

Sherpa Property Group&nbsp;has announced a significant donation to Serving Our People.

It's giving all the proceeds of a $1.2 million apartment in its luxury Palm Beach apartment development,&nbsp;<a href="/new-apartments/perspective-nexus">Perspective Nexus</a>&nbsp;to Serving Our People's essential projects, such as The People’s Market, Feeding Our People, and other programs addressing current rising cost of living and welfare to the community across Queensland and New South Wales.

The proceeds will provide crucial support in the form of non-perishable groceries and household items as well as other vital programs such as Youth Empowerment, and children and family welfare programs supporting all those in need.

[smartcode_project:default project_id=108324 project_image_fid=231830]

"At&nbsp;<a href="/developers/sherpa-property-group">Sherpa Property Group</a>, community upliftment is paramount. This donation underscores our dedication to making a positive difference in the community," said Christie Leet, Founder of Sherpa Property Group.&nbsp;

“Sherpa remains in true alignment with the values of Sherpas, with an unwavering commitment to serving people and our community and facilitating the journey of others.

“We’re honoured to be cultivating a culture of giving back to the wider community with partnerships amongst the many consultants, builders, trades, suppliers and subcontractors involved in Nexus.

“Our partnership with the incredible team at <a href="/builders/lps-group">LPS Group</a> has been monumental, their contribution of expertise has maximised the impact of the donation and has ensured that every dollar raised directly benefits Serving Our People’s vital initiatives.”

[smartcode_project:default project_id=108324 project_image_fid=250148]

Mark Short, Director of construction firm LPS Group, emphasised the project's significance amid the ongoing housing crisis.&nbsp;

"Joining forces with Sherpa Property Group to support Serving Our People is both an honour and a responsibility. Together, we're leveraging our expertise to drive tangible change, underscoring our collective dedication to community welfare.&nbsp;

“It's truly rewarding to be involved in a project that has such a meaningful impact on the community.”

Since its inception in 2020, Serving Our People has been at the forefront of addressing the intensified challenges faced by Australians from all walks of life, including homelessness, food insecurity, unemployment, and housing instability.&nbsp;

With a surge in demand for support, Serving Our People's initiatives, like The People’s Market, have become lifelines for vulnerable individuals and families.

[smartcode_project:default project_id=108324 project_image_fid=250147]

Yas Daniel Matbouly, Founder and CEO of Serving Our People, said the donation is the single largest the charity has received

"The funds raised will directly impact The People’s Market, Feeding Our People program, Feed 100 children as well as our emergency relief and vital programs who need them most”, Matbouly said.

&nbsp;

As Serving Our People continues to expand its reach and impact, Sherpa Property Group's donation stands as a testament to the power of collective action in fostering positive change within communities. Together, they are paving the way for a future where every individual has access to the resources they need to thrive.

Serving Our People’s The People’s Chance Raffle platform could present an opportunity for this apartment to be raffled contributing to Serving Our People's impactful initiatives while also having a chance to win a prestigious property.

[smartcode_project_cta:default project_id=108324]

Sherpa Property Group Makes record $1.2 million apartment donation to Serving Our People charity to fight food insecurity and cost of living crisis

Sherpa donate $1.2 million apartment proceeds to Serving Our People

After completing the transfer of the One Global Conference Centre, Iwan Sunito’s <a href="/developers/one-global-capital">One Global Capital</a> has continued its buying spree securing The Grand Shopping Centre at <a href="/developments/eastlakes-nsw-2018">Eastlakes</a> in Sydney’s east.

It's paid $19.5 million, on a yield of seven per cent, for the shopping centre that sits beneath the Crown Group developed The Grand Residences Eastlakes.

“This acquisition will bring One Global Capital’s investment asset value to be in excess of $750 million,” One Global Capital Chairman and Group CEO Iwan Sunito said.

“We are at the early stage of growth phase of the company. I am very happy with the strategic acquisition that I have built up in the last two years.

“This significant acquisition forms part of a strategic seven-year vision to go public while growing the ‘recurring income’ of the company and building its mixed-use development capacity."

[smartcode_project:default project_id=7652 project_image_fid=262582]

The centre will eventually be rebranded from The Grand to The One Global Centre.

"The team is immediately working towards adding more mix including more convenience stores. We expect to fill up the space within three months following completion of the acquisition."

The first stage of The Grand Shopping Centre, which opened in July 2021, comprises over 3,000 sqm of retail space and consists of 16 outlets including a larger format ALDI, a Woolworths Metro and a range of specialty stores including Pattison Pattiserie, Wholelife Pharmacy, Australia Post and Newsagency, Ausome Nails, Akira Sushi, Hatch Espresso, SP mobile and Val Morgan Retail.

[smartcode_project:default project_id=7652 project_image_fid=262600]

Sunito said they want The One Global Centre to be the new community hub for the East.&nbsp;

“I am greatly inspired on the ‘walking village’ and ‘green concept’ of Brisbane’s James Street in Fortitude Valley and West Hollywood. We want The One Global Centre to be a centre that brings green to the area and also to rediscover its social and cultural roots.

“I believe that The One Global Centre being surrounded by many of the residents around it and the low-rise buildings is ideal for this walkable village and green centre concept.”

[smartcode_project_cta:default project_id=7652]

The Grand Residences Eastlakes to benefit from One Global Capital's shopping centre purchase

The NSW government has announced the development of three new mini-cities in <a href="/developments/sydney-nsw">Sydney</a>'s north and northwest, which will include tens of thousands of new homes situated close to train or metro lines.

These projects are part of the $520 million Transport Oriented Development (TOD) Program, aimed at addressing the housing shortage by creating high-density residential areas well-connected to public transport.

The first rezoning proposals have been released, targeting <a href="/developments/kellyville-nsw-2155">Kellyville</a> and <a href="/developments/bella-vista-nsw-2153">Bella Vista</a>, <a href="/developments/hornsby-nsw-2077">Hornsby</a>, and <a href="/developments/macquarie-park-nsw-2113">Macquarie Park</a>.&nbsp;

These areas will see the addition of 30,000 new homes, with a focus on affordability and accessibility.&nbsp;

The developments will be high-density and fast-tracked through fundamental changes to planning laws, with a two-year timeframe set for commencement.

Kellyville and Bella Vista precincts, encompassing Stanhope Gardens and Glenwood, are among the first to be transformed.&nbsp;

These areas, located near metro stations and public transport interchanges, are primed for increased housing density.&nbsp;

The TOD Program's rezoning proposal for these precincts includes the potential for up to 20,700 additional homes, with a mandatory affordable housing contribution of three to eight per cent, resulting in 620–1,650 affordable homes managed by a registered Community Housing Provider.&nbsp;

The precincts' boundary has been defined to include housing within 1,200 metres of transport hubs, promoting walking and cycling as primary modes of transportation and reducing reliance on personal vehicles.&nbsp;

Previous infrastructure upgrades, including the Sydney Metro NorthWest line, road enhancements, and new school facilities support this strategic planning.

Additionally, new open spaces, pathways, and cycleways are planned to enhance the livability of the area.

The planning for Kellyville and Bella Vista has involved extensive consultation with The Hills Shire Council, Blacktown City Council, and other government agencies to ensure the necessary infrastructure is in place to support the new homes.

This collaborative approach will also consider community feedback, with the final proposal set to reflect the views and needs of local stakeholders.

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