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>.

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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.

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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?

New apartment owners are increasingly seeking developments that connect to nature due to a growing awareness of the benefits of green living.

As urbanization accelerates, the need for natural spaces within residential areas becomes more pronounced.

Proximity to nature is known to enhance well-being by reducing stress, improving mental health, and fostering physical activity. Natural elements in residential developments, such as parks, green roofs, and landscaped gardens, create a serene environment that contrasts sharply with the often hectic pace of city life.

Part of the trend toward nature in new apartment developments is a rising desire for&nbsp;sustainable living, driven by environmental concerns. Developments that integrate nature often employ eco-friendly practices, such as energy-efficient designs and sustainable materials, appealing to environmentally conscious buyers. These spaces not only offer a healthier lifestyle but also contribute to lower carbon footprints.

Natural surroundings can also enhance the aesthetic appeal and overall value of a property. Buyers are increasingly looking for homes that provide a harmonious balance between modern conveniences and natural beauty, reflecting a broader shift towards lifestyles that prioritize well-being and environmental stewardship. This trend underscores a collective recognition of the importance of integrating nature into everyday living spaces.

In a city where land is at a premium, it's difficult for developers in Sydney to put together a large enough development site to incorporate a significant amount of nature.

We've wrapped up the most nature-fuelled new apartment developments on the market in Sydney right now.

<h2>Project: The Newlands, St Leonards</h2>

<h3>Location: 21-41 Canberra Avenue, St Leonards NSW 2065</h3>

<h3>Developer: Top Spring Australia</h3>

Following its initial launch to the market in late 2022, Sydney developer <a href="/developers/top-spring-australia">Top Spring Australia</a>'s parkside masterplan,&nbsp;<a href="/new-apartments/the-newlands-st-leonards-21-41-canberra-avenue-st-leonards">The Newlands</a>, has been one of the most sought-after developments in the St Leonards South precinct.

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.

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Quietly set off Canberra Avenue, just minutes from the <a href="/developments/st-leonards-nsw-2065">St Leonards</a> activity centre and the train station but with the peace and privacy that living opposite a park brings.

“The Newlands is a breath of fresh air for purchasers looking for lower density, leafy spaces, and a more suburban neighbourhood," Colliers Project Director, Daniel McMahon, said.

[smartcode_project:default project_id=24509 project_image_fid=234815]

The Newlands will be home to 319 apartments across five low and mid-rise buildings. 90 per cent of apartments and terrace homes at The Newlands will have green landscape views and some offer absolute park frontage to the soon-to-be expanded Newlands Park, and all the buildings are connected by a 5,700 sqm communal green spine with boardwalks.

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Bordered by parkland on three sides, the community provides unrivalled resident facilities including rooftop dining and entertaining spaces, pool, gym, communal electric vehicles and e-bikes for hire, refrigerated parcel lockers for grocery deliveries, and a digital concierge to connect services such as cleaners, personal trainers, and dog walkers.

The Newlands is under construction with 4.5-star iCIRT-rated builder <a href="/builders/dasco-australia">DASCO</a>, and the first stage is due for completion in late 2025.

<h2>Project: The Orchards | Veue Parkside</h2>

<h3>Location: 15-19 Spurway Drive, Norwest NSW 2153</h3>

<h3>Developer: Sekisui House Australia</h3>

<a href="/developers/sekisui-house-australia">Sekisui House</a> Australia has committed to nature in its $1 billion Norwest masterplan, The Orchards.

Veue, stage four of the $1 billion masterplanned community, comprises 583 apartments, nearly half of the total apartments that will make up the 8.1-hectare The Orchards.

[smartcode_project:default project_id=145924 project_image_fid=287363]

Sekisui's most recent stage, <a href="/new-apartments/the-orchards-veue-parkside-norwest-15-19-spurway-drive-norwest-nsw-2153">Veue Parkside</a>, is the most nature-focussed release to date.

Designed by <a href="/architects/crone-architects">Crone Architects</a>, every element of the parkside homes - from the architectural vision to the selection of material - has been carefully curated to reflect and celebrate the ever-changing beauty of nature.

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<a href="/developers/sekisui-house-australia">Sekisui House Australia</a>&nbsp;sales manager David Lee says Veue Parkside’s direct connection to nature via a vertical green building spine supported by splendid northerly views overlooking&nbsp;<a href="/developments/castle-hill-nsw-2154">Castle Hill</a>&nbsp;Country Club and panoramic aspects across to the Blue Mountains from the west will capture the interest of perceptive buyers.

On its launch, <a href="/news/nsw/sekisui-house-australia-secure-over-85-million-in-apartment-sales-at-veue-parkside-the-orchards-community-in-norwest">over half of the apartments</a> in Veue Parkside sold.&nbsp;Over 60 per cent of sales were secured by&nbsp;Hills Shire residents and the remainder from across Sydney including Vaucluse, Bondi Junction and Maroubra

<h2>Project: Willoughby Grounds</h2>

<h3>Location: 5 Walter Street, Willoughby NSW 2068</h3>

<h3>Developer: First Quadrant Properties</h3>

<a href="/new-apartments/willoughby-grounds-5-walter-street-willoughby">Willoughby Grounds</a> puts you in the heart of everything great about the warm, green suburb of <a href="/developments/willoughby-nsw-2068">Willoughby</a>.

The development sits in one of the most beautiful pockets of Sydney – a diverse natural landscape of native bushland, the Lane Cove River and the Middle Harbour estuary.

[smartcode_project:default project_id=135512 project_image_fid=251210]

“Willoughby Grounds is really the best of both worlds – it’s that feeling of being part of a secluded, tucked-away private sanctuary with easy access to the wider amenities of Sydney," Adam Reeves of <a href="/developers/first-quadrant-properties">First Quadrant Properties</a> said.

There will be around 160 apartments spread across the five buildings in Willoughby Grounds, with around 30 to 35 units in each building.

[smartcode_project:default project_id=135512 project_image_fid=251214]

The design brief was to allow the multi-layered architecture and flourishing natural landscape to work in unison to create a sense of serenity and connection to the place.

The communal rooftop, overlooking district views, also reflects its rich natural surroundings, with a garden featuring sculpted stone furniture and blooming plants in large planters.

[smartcode_project:default project_id=135512 project_image_fid=251221]

First Quadrant has the iCIRT-rated builder DASCO currently constructing the project. The first apartments will be ready later this year, and the rest by mid-2025.&nbsp;

In a city where land is at a premium, it's difficult for developers in Sydney to put together a large enough development site to incorporate a significant amount of nature

mikah.m@urban.com.au

Sydney's most nature-fuelled new apartment developments

Four and five-bedroom penthouses are hard to come by in Brisbane's West End, which makes Sekisui House Australia's final release in its latest stage of its $1.2 billion West Village precinct, all the more unique.

The Opulent Release, part of the two-tower Allere Collection that is over 95 per cent sold, presents a rare opportunity for those looking for a city bolthole within a thriving lifestyle precinct, where everything is at their doorstep.

The apartments start at a generous 185 sqm and have been cleverly designed by regarded architecture firm&nbsp;<a href="/architects/rothelowman">Rothelowman</a>&nbsp;so all of the rooms take in sweeping views across Brisbane.

[smartcode_project:default project_id=114215 project_image_fid=257538]

Premium quality finishes and fixtures feature throughout, but are no more evident than in the kitchen where there's premium marble benchtops, a five-burner gas cooktop, an electric oven, an integrated dishwasher, and a recirculating range hood.&nbsp;

The open kitchen flows into the dining and living areas, extending to a 41 sqm balcony suitable for alfresco entertaining.&nbsp;

A second, more private living area in between the bedrooms is available for intimate family gatherings.

Soundproofing material has been used in the windows and doors, and ducted and zoned air conditioning can be controlled via mobile for year-round comfort.

[smartcode_project:default project_id=114215 project_image_fid=257539]

Residents of the Opulent Release will have access to amenities across both rooftops, with UNO featuring a private regeneration zone with city views, an infinity edge pool, an off-leash green space, Paw Pavilion, and a dog wash bay.&nbsp;

DUO offers a pool and spa surrounded by palm trees, outdoor lounges, and dining spaces.

[smartcode_project:default project_id=114215 project_image_fid=207148]

The development includes onsite property management by LivKey, year-round community and resident events, and two electric vehicles for exclusive use by all residents of&nbsp;<a href="/new-apartments/the-allere-collection-west-village-mollison-street-west-end">The Allere Collection</a>.

West Village is situated on Boundary Street, just 800 metres from the Brisbane CBD. It boasts a walk score of 99/100, with transportation, retail, dining, and health and wellness services in close proximity.

The broader 2.6-hectare West Village precinct also includes the heritage-listed former Peters Ice Cream Factories, highlighting the area's industrial heritage.&nbsp;

Upon completion, the <a href="/developments/west-end-qld-4101">West End</a>&nbsp;precinct will feature 1,200 residences, 20,000 sqm of commercial space, an 18,000 sqm retail precinct, and one hectare of open parklands and heritage laneways.

[smartcode_project_cta:default project_id=114215]

Rare four and five-bedroom penthouses offered in West End's West Village precinct

Winter did not hinder apartment sales in Sydney’s Norwest at the weekend with Sekisui House Australia securing over $85 million in sales within a few hours of the new apartment release at its masterplanned community in Norwest.

Over 150 people registered to attend the launch to secure a nature-inspired apartment in the exclusive new release,&nbsp;<a href="/new-apartments/the-orchards-veue-parkside-norwest-15-19-spurway-drive-norwest-nsw-2153">Veue Parkside</a>.

More than 80 sales came on the day, the majority being for the two-bedroom units. There were also two four-bed penthouses sold, as well as two of the three-bedroom townhome-style apartments.

Sales ranged between $690,000 for a one-bedroom apartment up to $3.3 million for a four-bed penthouse with over 200 sqm of internal space. The latter was sold to a Hills Shire downsizer and equalled the record for the most expensive apartment purchase in the project.&nbsp;

Veue Parkside features 156 modern apartments distributed across two buildings, each standing nine and 14 levels tall.

Veue, the fourth stage of The Orchards, comprises 577 light-filled apartments,&nbsp;nearly half of the total apartments that will make up the 8.1-hectare masterplan.

[smartcode_project:default project_id=145924 project_image_fid=287366]

Sales Manager David Lee said buyers came in large numbers to secure a carefully curated apartment in Veue Parkside, which he called "an architectural masterpiece."

"Downsizers seeking an oversized parkside home with large living spaces as well as owner-occupiers and young professionals looking for an additional ‘work from home’ space represented the largest cohort of purchasers," Lee said.

“Oversized apartments presenting a two-storey living, most of which are now sold, properties enjoying a northerly aspect overlooking the prestigious Castle Hill Country club and two-bed max’s were the first to sell.”

Over 60 per cent of sales were secured by&nbsp;Hills Shire residents and the remainder from across Sydney including Vaucluse, Bondi Junction and Maroubra.

"To achieve another $3.3 million penthouse sale in the latest stage demonstrates renewed strength in the market for high-quality, well-located apartments,” Lee added.

“Sekisui House Australia’s highly regarded reputation for building quality homes continues to attract perceptive home buyers in The Orchards as well as its focus on working within the natural environment to create homes that last across generations, surrounded by green spaces, recreational parks and stunning landscaping.”

[smartcode_project:default project_id=145924 project_image_fid=287377]

Veue Parkside’s design vision by <a href="/architects/crone-architects">Crone Architects</a> defers to The Orchards’ natural surrounds with residences maximising connection to the landscape and nature.

Modern facilities encompassing a wellness centre with an indoor swimming pool, gymnasium and communal function centre that links directly to the landscaped garden will form part of Veue Parkside’s eye-catching piece of architecture.

Veue Parkside residents can entertain up to 100 guests within the communal function centre that opens up to landscaped parklands. A concierge service is also available in the adjacent Building A, servicing the needs of all residents at The Orchards.&nbsp;

[smartcode_project:default project_id=145924 project_image_fid=287378]

The masterplan, designed by Turner is spread across five stages. When completed, the community will comprise 1,300 generously proportioned apartments located approximately 31 kilometres north-west of Sydney’s CBD in <a href="/developments/norwest-nsw-2153">Norwest</a>.&nbsp;

Veue Parkside is located at 15–19 Spurway Drive, Norwest. Construction has started and the first residents are expected to move in in mid-2026.

Close to 650 apartments have already been sold in The Orchards.

[smartcode_project_cta:default project_id=145924]

Over 60 per cent of sales were secured by Hills Shire residents and the remainder from across Sydney including Vaucluse, Bondi Junction and Maroubra

Sekisui House Australia secure over $85 million in apartment sales at Veue Parkside, The Orchards community in Norwest

<a href="/developers/giancorp-property-group">Giancorp Property Group</a> has introduced a new dimension to modern living with its Penny Lane apartment development in Moonee Ponds.&nbsp;

<a href="/buildings/penny-lane-moonee-ponds-6-14-young-street-moonee-ponds">Penny Lane</a> integrates Melbourne’s iconic laneway culture with a suite of exclusive amenities, offering residents a well-rounded lifestyle that extends beyond their homes.

&nbsp;

The development features a range of communal spaces designed to foster a sense of community.&nbsp;

Residents will have exclusive access to a level three podium garden with a full-line gym and private lounge areas.

&nbsp;

[smartcode_project:default project_id=1676 project_image_fid=268952]

There are also dining rooms with a designer kitchen intended for more intimate social gatherings.&nbsp;

Expansive views and landscaped spaces can also be enjoyed on the exclusive level nine terrace.

&nbsp;

[smartcode_project:default project_id=1676 project_image_fid=268932]

Penny Lane’s precinct places a strong emphasis on lifestyle, characterised by al fresco dining options and commissioned street art.

The precinct is home to Melbourne’s newest cinema complex, featuring a luxury rooftop cinema, a Platinum lounge, and various cafes and casual dining venues.&nbsp;

[smartcode_project:default project_id=1676 project_image_fid=268950]

Residents will benefit from the convenience of picking up dinner on the way home or meeting friends for coffee right at their doorstep.

[smartcode_project:default project_id=1676 project_image_fid=268412]

Designed by <a href="/architects/clarke-hopkins-clarke-0">Clarke Hopkins Clarke Architects</a>, Penny Lane is home to 109 ready-to-move-in apartments, each featuring generous balconies or terraces.&nbsp;

The location further adds to its appeal, being close to the <a href="/developments/moonee-ponds-vic-3039">Moonee Ponds</a> Racecourse, known for the prestigious Cox Plate horse race, and just a few minutes away from Queen’s Park.&nbsp;

The park, which is Moonee Valley’s oldest, offers a lake, a pool, a cottage café, and expansive garden spaces.

[smartcode_project_cta:default project_id=1676]

Residents will have exclusive access to a level three podium garden with a full-line gym and private lounge areas

Designed to foster a sense of community: Inside the amenities at Penny Lane, Moonee Ponds apartment development

Luxury developer Aqualand's involvement in the transformation of North Sydney started right from the company’s outset.

It was 2015 when Aqualand secured a 4,000 sqm site at 168 Walker Street, one of its first site acquisitions just a short walking distance to the new Victoria Cross Station. At that time, the plans for the station were only being drafted.

Now, with construction recently completed on schedule, which is rare in the industry, the timing couldn’t be better for Aqualand to be welcoming new residents to its luxury apartment precinct, <a href="/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA by Aqualand</a>. Victoria Cross Station is to open imminently, and will take <a href="/developments/north-sydney-nsw-2060">North Sydney</a> residents to Barangaroo in just three minutes.

[smartcode_project:default project_id=30959 project_image_fid=284260]

There are also new laneways as part of the Metro that has completely revitalised North Sydney. No longer just a commercial precinct, North Sydney is well and truly on the map for everything from cafes and culture to connectivity and convenience.

The recent announcement that Reddam House, one of the most prestigious private schools in the country, is coming to North Sydney, is also now drawing families to the area. Reddam House North Shore is being developed directly across the road from AURA.

<a href="/developers/aqualand-australia">Aqualand</a> wanted to do more to contribute to the transformation of North Sydney over and above crafting a luxury apartment building. They wanted to create a community, not only for their residents, but integrate them with the wider North Sydney neighbourhood.

On the doorstep of AURA by Aqualand is a two-level curated food and beverage podium with four world-class venues operated by their hospitality business Etymon Projects. They have recently opened and are thriving under the eye of former Sepia chef Rhys Connell. Within the podium there's Sol, a bakery and wine bar; Una, an artisanal providore; Soluna, an LA-inspired, relaxed dining, bar and lounge and Genzo, a Japanese restaurant (pictured below).

<img alt="Etymon" data-entity-type="file" data-entity-uuid="eebb17aa-a7d3-4afc-b63a-f60e1abb5348" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-30%20at%204.45.23%E2%80%AFPM.png?VersionId=pNcM1KDBrhcBZCBajiHLEmKyW_SOxxIQ" />

Aqualand Head of Sales and Marketing, Alex Adams, says there's never been a better time to be in North Sydney.

“We’re proud to be a leading the way in North Sydney’s rapid transformation into one of the harbour city’s most sought-after new residential lifestyle destinations," Adams says.

“With the ongoing commitment of North Sydney Council to revitalise North Sydney CBD, and the recent grand opening of our landmark AURA by Aqualand precinct, there’s never been a better time to be in this part of Sydney."

Adams says the growth of North Sydney as a live-work-play destination is bringing the community, workers, students and more visitors to the CBD by supporting activities after work hours, transforming it into a more vibrant and attractive suburb.

“Key to this vision is the investment in infrastructure with the Victoria Cross Metro opening early August and a series of activated laneways that connect Miller Street to two new plazas, while Ward Street across from AURA is being pedestrianised and will link to Denison Street, completing part of the north-south laneway network running from St. Leonards Park to the North Sydney train station then onto Lavender Bay.&nbsp;

“This pedestrian-friendly laneway and café culture will promote connectivity within the town centre, creating enticing pockets filled with lively cafés, bars and walking trails that add to the evolving cultural ecosystem of the area."

Aqualand scaled back its initial 2016 plans for 441 apartments so they could offer larger floorplans for their residents. Now there are 386 apartments in the 28-level <a href="/architects/woods-bagot">Woods Bagot</a>-designed tower that feature luxury interiors by Richards Stanisich.

[smartcode_project:default project_id=30959 project_image_fid=286062]

Kirsten Stanisich, Director and Founder of Richards Stanisich, said their interior design interprets the architectural concept for the building to reflect the sculptural shorelines and cliff faces of Sydney Harbour. Three colour schemes are available, light, mid, or dark palettes.

All residences afford a seamless flow from open space living to winter gardens, while some apartments feature a multi functional room that facilitates use as a secondary living area, an office, bedroom, or guest room. Completing the offering, select apartments enjoy sunlit glazed studies instead.&nbsp;

Having recently taken a tour of AURA by Aqualand, the apartment size, configurations, fixtures and fittings, are truly unmatched in North Sydney.

A combination of one, two, three and four-bedroom apartments remain and are ready to move in now

[smartcode_project_cta:default project_id=30959]

Having recently taken a tour of AURA by Aqualand, the apartment size, configurations, fixtures and fittings, are truly unmatched in North Sydney

AURA by Aqualand residents to benefit from North Sydney's continuing transformation

Sunshine Coast developer&nbsp;Cube&nbsp;has been given the green light to push on with its latest local apartment development, Lago.

The&nbsp;<a href="/developments/birtinya-qld-4575">Birtinya</a> apartment development at&nbsp;2 Prosperity Drive will comprise just 47 luxury apartments, continuing Cube’s commitment to delivering residential projects in premium coastal locations up and down the Sunshine Coast.

With luxury apartments riding a wave of popularity on the Sunshine Coast, Cube Senior Development Manager Daniel Ryan said he expected a very strong response to the new project.

“With premium amenity and accessibility in a growing location, we anticipate a very strong response when Lago is released to market towards the end of this year,’’ Ryan said.

Lago is the latest in a successful pipeline of <a href="/developers/cube-developments">Cube</a> projects including Nature at Cotton Tree which is now sold out, Oasis at Bokarina Beach, and Lumeah Peregian.

“The demand for premium coastal apartments is driven by their unique blend of lifestyle, convenience, and investment potential,’’ Ryan added.

“Our projects, such as Lago, offer residents an unparalleled living experience with views, resort-style amenities, and close proximity to key lifestyle features.

“Coastal destinations such as the Sunshine Coast continue to attract both local and interstate buyers looking for a superior quality of life.

“We are confident that Lago will meet the high expectations of buyers and contribute to the ongoing appeal of our world-class region."

First look exclusive: Cube Developments secures approval for Birtinya apartment development, Lago

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

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

First home buyers snap up Mason & Main, Merrylands apartments

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

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

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

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

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

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

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

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

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