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

Joel Robinson

The inflation result the property market was waiting for

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

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

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

First look: Bridgewell, SLD Development double down on Killara Golf Club

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

Central Element seeks second Drummoyne apartment development

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

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

Design-driven residential developer Milieu has always broken the mould when it comes to new homes.

Those who live in Melbourne’s inner north know when they’re walking past a Milieu development. Recently the developer branched out to Melbourne’s south-east, bringing their signature style to <a href="/new-apartments/plant-street-by-milieu-malvern-1-plant-street-malvern">Plant Street Malvern</a>. Now they’ve revealed their next development, and it’s probably one of the most unique they’ve produced since being founded 15 years ago.

Having secured the 11,740 sqm site of the former ABC Studios on Gordon Street in Elsternwick back in 2022, Milieu has spent the last two years working alongside Woods Bagot, OCULUS Broached Commissions and March Studio to create a garden-centric community they’re calling <a href="/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens by Milieu</a>.

[smartcode_project:default project_id=136535 project_image_fid=288414]

With nearly half of the site reserved for landscaping, Elsternwick Gardens, as the name suggests, will be a garden oasis. The project comprises six low-rise buildings, divided into three distinct interior design offerings. Milieu has assembled a stellar team of interior designers comprising K.P.D.O., Woods Bagot and Flack Studio.

One of the biggest considerations in the planning phase was how to not only incorporate, but celebrate and take advantage of the neighbouring Rippon Lea Estate, the landmark 19th century mansion surrounded by seven hectares of gardens that are deemed some of the best in the country. The estate is listed on the National Heritage Register as one of the finest examples of original suburban estates in Australia.

Future residents of Elsternwick Gardens will have direct access through a private, secure gate to Rippon Lea Estate. Another plus for those who will call Elsternwick Gardens home is that the head gardener of Rippon Lea Estate will oversee maintenance of the landscaping and gardens throughout Elsternwick Gardens, making sure the grounds essentially extend from Rippon Lea Estate through the new development.

[smartcode_project:default project_id=136535 project_image_fid=288420]

The Elsternwick Gardens site was previously part of the wider Rippon Lea Estate, before it was carved up and became the industrial production facility for ABC Studios with the advent of television in Australia. That building is currently being demolished ready for construction to commence.&nbsp;

The design process has involved extensive research and consultation with community groups and stakeholders to ensure the project positively contributes to the social fabric of <a href="/developments/elsternwick-vic-3185">Elsternwick</a>.&nbsp;

Residents will have access to a lounge area at ABC Lane, the precinct's entry point, as well as health and wellness facilities including a fitness centre with sauna, steam room, mineral bath, cold plunge, yoga, pilates, and a simulation golf area. The precinct will also include amenities for pet care, car washing facilities and hobby workshops, as well as a hospitality offering.

[smartcode_project:default project_id=136535 project_image_fid=288412]

<a href="/developers/milieu-property">Milieu</a> Managing Director Michael McCormack said Elsternwick Gardens is a once-in-a-generation opportunity.

“The sheer scale of the project, alongside the historical and cultural importance of the site, renders this our most significant undertaking to date," McCormack says.

"Close to our hearts and planted firmly front of mind, it’s the project that we believe will define our legacy as a creative developer.”

[smartcode_project:default project_id=136535 project_image_fid=288415]

Progressive, sustainable design has always been central to Milieu’s creative development. Milieu’s buildings consistently achieve a NatHERS rating of at least 7.0 on average, and Elsternwick Gardens will be no different. There will be provision for EV charging, carbon-neutral energy supplies, solar power collection and cross-flow ventilation to the apartments. Every apartment will be completely fossil fuel-free and have no connection to the natural gas network. Homes can be powered with 100 per cent renewable energy. Water tanks will harvest rainwater for landscape irrigation minimising residents use of fresh water and impact on Melbourne's stormwater system.

Aside from being located next door to Rippon Lea Estate, future Elsternwick Gardens residents will be a short walk from the centre of Elsternwick to the south, with its train station, shopping precinct and range of restaurants and cafes and the vibrant village or Ripponlea Village to the northwest.&nbsp;

Milieu is currently fitting out an onsite display at 8 Gordon Street that will be ready for prospective buyers in late August.&nbsp;

Register your interest to have first access to information in August ahead of the future public launch.

[smartcode_project_cta:default project_id=136535]

With nearly half of the site reserved for landscaping, Elsternwick Gardens, as the name suggests, will be a garden oasis

Exclusive: Milieu unveils anticipated Elsternwick Gardens precinct on the fringe of Rippon Lea Estate

Construction has officially commenced on Matrix Development's 333 STK apartment development in St Kilda, undertaken by builder Balmain &amp; Co.

Designed by <a href="/architects/rothelowman">Rothelowman</a>, 333 STK will consist of 76 one, two, and three-bedroom apartments, as well as two limited penthouse duplexes.&nbsp;

[smartcode_project:default project_id=112949 project_image_fid=252261]

The development will feature two retail spaces at ground level, anticipated to be a mini grocer and a specialty bakery cafe.

Residents will have exclusive access to communal amenities, including a private dining room, a multifunctional lounge that can serve as a media room or conference space, a rooftop retreat with a barbecue area, and a fully equipped gym.

[smartcode_project:default project_id=112949 project_image_fid=269318]

<a href="/new-apartments/333-stk-333-st-kilda-road-st-kilda">333 StK</a> is strategically located on a 2,540 sqm corner site along St Kilda Road and Blanche Street.

The site offers excellent connectivity with a high transit score of 81, placing future residents just metres from a tram stop and benefiting from the nearby ANZAC Station.&nbsp;

Residents will also enjoy close proximity to local attractions and amenities such as the St Kilda Esplanade Market, The Avenue Hospital, St Kilda Park Primary School, St Mary College, St Kilda Beach, St Kilda Botanical Garden, and Luna Park.

[smartcode_project:default project_id=112949 project_image_fid=252262]

<a href="/builders/balmain-co">Balmain &amp; Co</a>&nbsp;is targeting a Q4&nbsp;2025 completion date. Stamp duty savings are currently available for prospective buyers.&nbsp;

Prices for the apartments range from $645,000 to $4.8 million.

<a href="/developers/matrix-developments">Matrix Development&nbsp;Australia</a>&nbsp;is the Australian division of Matrix Concepts Holdings Berhad&nbsp;(MCHB). MCHB has been operating as a public listed property developer in Malaysia since 1996.

In 2016, Matrix launched its first foray into the Melbourne market with the development of M.Carnegie, a 52-apartment low rise that was 100 per cent sold upon completion in 2018.

[smartcode_project_cta:default project_id=112949]

mikah.m@urban.com.au

Balmain & Co commences construction on 333 StK, St Kilda apartment development

Castle Hill's latest residential development, Astrid, by local developer and builder CBD Core, is now ready for occupancy.&nbsp;

The two-building project marks <a href="/developers/cbd-core">CBD Core</a>'s second apartment development within the Hills Showground Precinct, following the completion of the Oriel apartments.

<a href="/buildings/astrid-castle-hill-11-15-fishburn-crescent-castle-hill">Astrid</a> comprises 94 one, two, and three-bedroom apartments and dual-level penthouses with personal lifts across two modern buildings by <a href="/architects/zhinar-architects">Zhinar Architects</a>.

[smartcode_project:default project_id=22748 project_image_fid=286292]

Responding to the evolving needs of apartment dwellers post-COVID-19, CBD Core has incorporated extensive work-from-home facilities within the development.&nbsp;

The Astrid Lounge, an exclusive resident-only zone, offers a conducive environment for both relaxation and productivity.&nbsp;

[smartcode_project:default project_id=22748 project_image_fid=286293]

The lounge features dedicated workstations and a solar roof-powered outdoor workspace cabana, enhancing the work-from-home experience with lush landscaping.

Residents can also enjoy a range of amenities including a heated lap pool with a sun deck, commercial outdoor barbecue facilities, and a state-of-the-art gym, ensuring a balanced lifestyle of work and leisure.

[smartcode_project:default project_id=22748 project_image_fid=286272]

<a href="/project-marketer/turner-wolfe">Turner Wolfe</a> Director Matt Wolfe says there are a lot of young professionals in the Hills District, and he expects more to populate the growing <a href="/developments/castle-hill-nsw-2154">Castle Hill</a> area, particularly given Astrid is only minutes from the Showground Metro station.

There are a handful of completed two and three-bedroom apartments remaining for sale.

[smartcode_project_cta:default project_id=22748]

Responding to the evolving needs of apartment dwellers post-COVID-19, CBD Core has incorporated extensive work-from-home facilities within the development

CBD Core complete Castle Hill apartment development, Astrid

Serial Gold Coast apartment developer, Marquee,&nbsp;has commenced construction on La Belle Palm Beach, its luxury apartment project located on the northern Palm Beach beachfront.

Since its launch just a few months ago, over 70 per cent of the apartments have sold, making it the fastest-selling project in the Gold Coast for 2024.

The Penthouse Collection is due to be released to the market later this year.

<a href="/new-apartments/la-belle-palm-beach-332-the-esplanade-palm-beach">La Belle Palm Beach</a> will feature 75 apartments spread across 14 levels, featuring panoramic views stretching from Surfers Paradise to Coolangatta.

The project caters to the discerning owner-occupier market on the Gold Coast, with three, four and five-bedroom apartments on offer.

&nbsp;

[smartcode_project:default project_id=102340 project_image_fid=273591]

Jacques Winterburn, Director of Marquee Development Partners, said&nbsp;Marquee is renowned for delivering exceptional projects.

"La Belle Palm Beach will be no exception”, Winterburn said.&nbsp;

“The swift commencement of construction underscores the high demand for premium beachfront living in <a href="/developments/palm-beach-qld-4221">Palm Beach</a>. We are excited to bring to life not just the residences, but a lifestyle synonymous with the world’s top beachfront resorts."

Winterburn said buyers&nbsp;have been drawn to the practical layouts and the unparalleled absolute beachfront location, coupled with the extensive amenities package for the expansive 3,300 square metre site.

“Our investment of over $10 million in world-class amenities has resonated with our discerning purchasers”.

[smartcode_project:default project_id=102340 project_image_fid=273598]

Premium residential amenity is a trademark of Marquee projects across the Gold Coast, giving back to residents more space and facilities to be used as an extension of their home and enjoyed with family and friends.

Residents will have access to a heated outdoor pool and spa, multiple teppanyaki dining bars and entertaining areas, and a resident's lounge featuring a bar and billiards table.

A state-of-the-art wellness centre will offer a fully equipped gymnasium, yoga and Pilates studios, Nordic and Infrared saunas, cold plunge pools and indoor hydrotherapy spa.&nbsp;

[smartcode_project:default project_id=102340 project_image_fid=274769]

Azura Griffen, Sales Manager at <a href="/developers/marquee">Marquee Development Partners</a>, said buyers have not only come from Palm Beach and the southern Gold Coast, but also from major cities like Brisbane, Sydney, and Melbourne.&nbsp;

“This project exemplifies our dedication to creating a residential experience that exceeds expectations and meets the highest standards of coastal luxury," Griffen said.

&nbsp;

[smartcode_project:default project_id=102340 project_image_fid=274444]

Located at 332 The Esplanade, La Belle Palm Beach provides residents with direct access to both the quietness of Palm Beach and the vibrant amenities of nearby Burleigh Heads.&nbsp;

A variety of three-bedroom apartments, some with multi-purpose rooms, and four-bedrooms, also with MPR's, are still available. Prices start from $2.995 million.

Construction on La Belle Palm Beach has now commenced, with completion projected for Q2 2026.

[smartcode_project_cta:default project_id=102340]

Buyers have not only come from Palm Beach and the southern Gold Coast, but also from major cities like Brisbane, Sydney, and Melbourne

Marquee break ground on La Belle Palm Beach amid record sales

Brisbane's West End is set for two "climate-responsive and contextually driven" apartment towers.

Builder developer Zen Group is planning two towers at <a href="/new-apartments/24-duncan-street-west-end">24 Duncan Street</a>, near Montague Markets, that will home just over 200 apartments.

<img alt="24 Duncan Street in West End, Brisbane perspective" data-entity-type="file" data-entity-uuid="a37fa519-5736-4a62-9ef4-ef6c888a94a2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Duncan%20Street%20pers.png?VersionId=v5jkWHHLHqSp4ZufMS5xX7.kp5UFY.2c" />

Betts + Partners said in their Architectural Design Report that two diverse urban conditions exist within the West End site context that are separated by Montague Rd.

"The Riverside South Precinct to the west is a high-density residential zone comprising predominantly apartment buildings and contrasted by the established suburban character to the east with primarily post-war single detached dwellings. The contextual design strategy is to celebrate the qualities found within the established West End suburban character in providing elevated high-quality subtropical apartment living with exceptional communal recreational amenity."

They said the aim is to positively contribute to the evolution of a new subtropical urbanity that is both contextually responsive and prioritises humanism in connection with place.

<img alt="24 Duncan Street in West End, Brisbane podium" data-entity-type="file" data-entity-uuid="e2fdfee4-3f41-4ac1-bf6e-f845b2963fd7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Duncan%20Street%20podium.png?VersionId=9rT_Flr5ti7UezHohKtkGU5s4d_V3npx" />

The vision aligns with Brisbane's goal to become a New World City by 2031, promoting a globally recognisable subtropical urban lifestyle.

Duncan Street comprises two 17-level buildings housing 202 apartments, from one-bedroom plus study apartments through to three-bedroom units.

The 2600 sqm resident rooftop includes three pools, a fitness centre, private dining rooms, a cinema room, resident lounges, a library, and comprehensive wellness facilities with hot and cold plunge pools, yoga, pilates, a sauna, treatment room, and a contemplative garden.

<img alt="24 Duncan Street in West End, Brisbane balcony" data-entity-type="file" data-entity-uuid="85de7756-ba8f-49ff-bf07-5a2b6f18798c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Duncan%20Street%20balcony.png?VersionId=X0eXUNPhXFiltc_XH2lwq9Ph837r4HbL" />

Active retail frontages on Duncan and Rogers Streets will sleeve ground floor services and visitor car parking.&nbsp;

The two-level podium includes green walls, planters, and textured facades with integrated vertical greenery to enhance the streetscape.&nbsp;

Movement in the balconies and structural elements of the towers optimises light, shade, and private open space.

<img alt="24 Duncan Street in West End, Brisbane rooftop" data-entity-type="file" data-entity-uuid="fd8214df-15be-4787-9dea-8225896351da" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Duncan%20Street%20rooftop.png?VersionId=MzXW0hkOghQmE0HLxzI5iUwNNY6OfrVa" />

Apartments are oriented to maximise views and privacy, with operable glazing and brise soleil for climate control.&nbsp;

"Conceptual drivers from West End’s urban context inform the design parti strategy that include; the River, the Backyard and the Verandah," Betts+Partners suggested.

"Each quality is reinterpreted in the sectional and plan parti and manifest in the three-dimensional building expression."

24 Duncan Street is only a three-minute walk from the Brisbane River, six minutes to the nearest ALDI, and 12 minutes to Davies Park, where The West End Markets is held every Saturday.

West End set for climate-responsive apartments

Chevron Island's street party, It’s ON ChevrON, is back for its latest installment.

The annual street celebration is set to take place on Sunday, 28th July 2024, on the main street of Thomas Drive.

The event is presented by Division 10 Councillor Darren Taylor – City of Gold Coast, in partnership with <a href="/new-apartments/chevron-one-36-46-stanhill-drive-chevron-island">Chevron One Residences</a>, and hosted by the Chevron Island Business &amp; Residents Association.

The street party will feature live and free entertainment from 12 noon until 4pm.

<img alt="It’s ON ChevrON Street Party" data-entity-type="file" data-entity-uuid="48569909-3072-47bf-9128-a3e767308fa1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Event.png?VersionId=Hu9DaEF5NsNgWfO7n3We6Rx3a_myeXiz" />

Chevron Island, located between Surfers Paradise and the Home of the Arts (HOTA), is known for its cultural diversity, offering a range of restaurants, lifestyle, and residential opportunities.&nbsp;

The island broke headlines in 2017 when Melbourne-based developer <a href="/developers/bensons-property-group">Bensons Property</a> announced it was going to develop Chevron One, a 41-level tower on Stanhill Drive.

Chevron One will be the only skyscraper on the island due to changes in planning laws following its approval.&nbsp;

Upon completion in late-2025, Chevron One's 41 levels will home 229 one, two and three-bedroom apartments and nearly 2000 sqm of resort-style amenities.&nbsp;

[smartcode_project:default project_id=6515 project_image_fid=215812]

The development has attracted both locals and interstate buyers, drawn by the island’s proximity to Surfers Paradise just over the bridge, but also the fact it's just outside of the hustle and bustle Surfers brings.

Thomas Drive on Chevron Island features famous local cafés, bars, al fresco dining and a diverse range of restaurants across multiple cuisines.&nbsp;

The nearby Surfers Paradise Boulevard and Cavill Avenue also host a lively retail and dining precinct that leads to the Surfer Paradise Esplanade and the beachfront.

The <a href="/architects/marchese-partners">Marchese Partners</a>-designed Chevron One is currently under construction by <a href="/builders/icon">ICON</a>.

[smartcode_project_cta:default project_id=6515]

The street party will feature live and free entertainment from 12 noon until 4 pm on July 28

Chevron One partners for 'It’s ON ChevrON' street party

St Lucia has long been one of Brisbane's premier riverfront suburbs.

The sought-after suburb, named after the West Indian island, is well known for its leafy streets, the Brisbane Botanic Garden, and the main campus for the University of Queensland.

As it's grown from its origins as a cotton farming district, significant riverside development has grown with it.&nbsp;One market that's been missed however is the growing market frequently being called the "missing middle".

The missing middle in this instance is the townhouse market, a&nbsp;market that sits between apartments and houses. A third of <a href="/developments/st-lucia-qld-4067">St Lucia</a> is made up of standalone homes, and another 60 per cent on apartments. According to the latest 2021 ABS Census, less than seven per cent are townhouses.

Brisbane developer <a href="/developers/dusk-group">Dusk Group</a> is hitting St Lucia's missing middle with its latest residential development, <a href="/new-townhouses/aurora-on-depper-st-lucia-68-72-depper-street-st-lucia">Aurora on Depper</a>.

[smartcode_project:default project_id=145923 project_image_fid=287620]

Named after its position at 68-72 Depper Street, just 300 metres from the City Cat and major bus networks, Aurora on Depper comprises just eight three-level townhouses pitched at downsizers, young families, and those with children who attend the nearby main campus of the University of Queensland.

Aurora on Depper presents an attractive opportunity, considering the scarcity of townhouses in the suburb and the competitive starting price of $1.55 million

Each townhouse, designed by Elevate Design Studio, offers three bedrooms, a two-car garage, kitchens with zero silica benchtops and butler's pantries, and hybrid timber flooring throughout the living areas.

[smartcode_project:default project_id=145923 project_image_fid=287619]

The versatile multi-purpose rooms are expected to be used as home offices for young professionals, a second living area, or a fourth bedroom.

Aurora on Depper is currently under construction by Akam Constructions and is expected to be complete by mid-2025.

[smartcode_project_cta:default project_id=145923]

Aurora on Depper presents an attractive opportunity, considering the scarcity of townhouses in the suburb and the competitive starting price of $1.55 million

Aurora on Depper townhouses to target St Lucia's "missing middle"

<a href="/developers/giancorp-property-group">Giancorp</a>'s Penny Lane apartment development in <a href="/developments/moonee-ponds-vic-3039">Moonee Ponds</a> is now ready for residents to move in, with only a five per cent deposit required on selected apartments.

Designed by <a href="/architects/clarke-hopkins-clarke-0">Clarke Hopkins Clarke Architects</a>, <a href="/buildings/penny-lane-moonee-ponds-6-14-young-street-moonee-ponds">Penny Lane</a> comprises a total of 109 completed apartments, each offering generous balconies or terraces.&nbsp;

A five per cent deposit offer on the remaining apartments, which start at just under $700,000, is around $35,000.

[smartcode_project:default project_id=1676 project_image_fid=268932]

The apartments have kitchens at the heart of the home, equipped with Miele appliances and stone benchtops, with options for light or dark colour schemes.

Bedrooms include built-in robes, while the bathrooms maintain a neutral colour palette for a contemporary yet timeless look.

[smartcode_project:default project_id=1676 project_image_fid=268936]

Residents have access to several amenities, including a level three podium garden with a full-line gymnasium, private lounge, designer kitchen, and dining rooms for social gatherings.

A level nine terrace offers expansive views and landscaped spaces.&nbsp;

[smartcode_project:default project_id=1676 project_image_fid=268413]

Moonee Ponds features Melbourne's newest cinema complex with a luxury rooftop cinema, Platinum lounge, and various cafes and casual dining options.

Penny Lane is located near Moonee Valley Racecourse, home of the Cox Plate, and is a short distance from Queen's Park, Moonee Valley's oldest park, which includes a lake, a pool, a cottage café, and extensive garden spaces.

[smartcode_project_cta:default project_id=1676]

Five per cent deposit offer at Moonee Ponds apartment development, Penny Lane

Integrated property fund and developer, Princeton Financial Services, identified Rockdale as a suburb where they wanted to put their signature stamp on.

They've recently launched <a href="/new-apartments/marque-rockdale-602-608-princes-highway-rockdale">Marque Rockdale</a>, 58 one, two, and three-bedroom designer apartments that are ideally located to take advantage of living on the coastal peninsula.

Marque, to be built by 3.5-star iCIRT-rated builder Coplex, will feature a handful of SOHO apartments (Small Office Home Office), a hybrid apartment/work space that will bring a vibrant atmosphere to the street level.

Marque will also be the first development in the area with Resilience Latent Defects Insurance, the first defect insurance in Australia that covers the cost of structural defects for 10 years post-completion of the building.

Read more:&nbsp;<a href="/news/what-is-latent-defects-insurance-and-is-it-bringing-confidence-to-the-off-the-plan-apartment-market">What is Latent Defects Insurance and is it bringing confidence to the off the plan apartment market?</a>

[smartcode_project:default project_id=136442 project_image_fid=277075]

Each apartment features a suite of beautiful materials, stylish contemporary appointments, and a neutral-hued colour palette combined to create inviting modern interiors that exude warmth and enduring appeal.

Expansive glass walls greet residents upon entry into their homes, allowing natural light to illuminate the generously sized, high-ceiling interconnected kitchen, living, and dining areas

Engineered timber floors add a touch of warmth to every room, complemented by LED downlights that contribute to a stylish ambience.

[smartcode_project:default project_id=136442 project_image_fid=277074]

The kitchen is designed to be a focal point for social gatherings, equipped with quality appliances and adorned with Caesarstone benchtops and splashbacks.&nbsp;

Ensuite bathrooms embrace chic minimalism, featuring terra-white floor and wall tiles, brushed nickel tapware, stone vanities, and LED-lit mirrors. Select apartments offer the luxury of a bathtub.

Residents can choose between lighter or darker colour schemes to personalise their Marque Rockdale homes.&nbsp;

[smartcode_project:default project_id=136442 project_image_fid=277073]

The crowning feature of the seven-level building is a communal rooftop herb garden with over 100 sqm of break-out space, accompanied by a barbecue area, a children's play zone, a pergola-shaded dining area, and integrated seating for residents to unwind, read a book, and enjoy the surroundings.

Marque is located just 200 metres from Rockdale Plaza, 500 metres from Rockdale Station, and under one kilometre from Brighton Le-Sands beach.

Ray White Projects Western Sydney Managing Director, Mark Bernberg, says Marque offers everything an owner-occupier could need.

"Suburbs that are one step in from the beach, like a Rockdale or a Randwick, are becoming more and more popular as both affordability and amenity take buyers away from the beach," Bernberg says.

"Future residents of Marque will get to take advantage of all of the benefits of peninsula living but without the pricetag.&nbsp;

"Rockdale is somewhere that is well serviced by shops, cafes and restaurants, and is well connected to Sydney's train network, while also being a short walk from the water and the bay."

<h2>Who is Princeton?</h2>

<a href="/developers/princeton">Princeton</a> started life as a commercial debt funder before moving into residential development a few years ago.

They acquired development sites across a wide range of Sydney metro suburbs, from Campbell Parade on the dress circle&nbsp;<a href="https://eurangibondibeach.com.au/">Bondi Beach</a>&nbsp;to a warehouse in Balmain that will be one of the last warehouse conversions in the Balmain village.

Led by co-founders George Gadallah and Craig Anderson, Princeton intends to deliver a standard of development that is well above that of its peers in its respective market.

"We're taking the same level of finish from our $20 million Bondi Beach penthouse to areas that haven't had that level of quality before," Gadallah said.

"We engage some of the country's best architects and interior designers, creating bespoke buildings in areas they've never really designed anything in before. This is the unique offering we want to take to different suburbs across Sydney."

Read more:&nbsp;<a href="/news/nsw/princetons-decade-long-evolution-from-commercial-fund-to-luxury-off-the-plan-apartment-developer">Princeton's decade-long evolution from commercial fund to luxury off the plan apartment developer</a>

[smartcode_project_cta:default project_id=136442]

Ray White Projects Western Sydney Managing Director, Mark Bernberg, says Marque offers everything an owner-occupier could need

Princeton launch Rockdale's newest apartment development, Marque Rockdale

<a>Brunswick Established</a>, the latest project by Melbourne-based property developer Beulah and architects Six Degrees, has quickly established itself as one of the most groundbreaking concepts in property design with its commitment to the well-being of people and planet.&nbsp;

Set within one of Melbourne’s most desirable neighbourhoods, <a href="/new-townhouses/brunswick-established-23-hodgson-st-brunswick-vic-3056">Brunswick Established</a> is a limited collection of 23 sustainable heritage townhomes, and the first heritage townhome community for circular living in <a href="/developments/brunswick-vic-3056">Brunswick</a>.&nbsp;

Located at 23 Hodgson Street, the project represents Six Degrees's environmentally progressive and highly considered design process, drawing inspiration from the site’s history, while employing new design principles to place sustainability and wellbeing at the forefront.&nbsp;

[smartcode_project:default project_id=136451 project_image_fid=277194]

<a href="/architects/six-degrees-architects">Six Degrees</a> Director Peter Malatt was initially drawn to the brickwork, not just for its practicality and tactility but its ability to convey the site’s rich history.&nbsp;

“The buildings are inspired by the work of Robin Boyd in the 1960s, using simple materials such as recycled brick, white painted brick and metal," Malatt said.

"We were also interested in London Mews, two-storey buildings which once housed carriages and horses and now form a lively community of housing.&nbsp;The decision to reuse the bricks and timber from the site is not only an aesthetic choice but has a deeper meaning, a resourcefulness that carries memory and the character of history.”&nbsp;

Up to 80 per cent of the original brick heritage building facade will remain, with the new townhomes designed to sit behind this existing facade. The design will also seek to reuse original timber from the warehouse ceiling to create bold features that tell a story.&nbsp;

Brunswick Established is also crafted to enable residents to live sustainably and responsibly once the project is complete - providing them with the opportunity to reuse, recycle and reduce waste and carbon emissions. Onsite solar panels will produce renewable energy, the homes are all electric and will have rainwater tanks for collection and reuse of water and productive food garden options.

[smartcode_project:default project_id=136451 project_image_fid=277190]

Malatt said the team aims to create a best practice outcome for sustainability, with a target of 7-star average energy rating.&nbsp;

“We have an industry-wide responsibility to reduce energy and materials used in construction, which is one of the largest carbon users and contributors to landfill waste. It is essential to reduce, reuse and avoid the creation of waste as much as possible.”&nbsp;

In addition to being a site rich in heritage, Brunswick Established has also been designed to be ‘future-proofed’ and ‘multi-generational’.&nbsp;

Six Degrees Associate Architect Amy Hall said the&nbsp;approach is to celebrate the heritage qualities of the site to make sure they are protected into the future.

"The homes are built to last and are suitable for a range of different lifestyles and families via adaptable and flexible floorplans. There are a variety of options to turn parts of the homes into an office, a studio, a playroom, a gym and more."

Responsible for both the architecture and interior design, Six Degrees’ holistic approach enabled the team to ensure an intrinsic link between the design outcomes; a seamless, harmonious flow from the outside to within, continuing the reuse and recycling of materials, with natural timber finishes used to warm the interiors.&nbsp;

“There is an industrial robustness in our material choices such as a welcoming brick paved entry sitting alongside a keenness for mid-century craft in joinery elements with highlights of reeded glass and metal,” said Amy.&nbsp;

[smartcode_project:default project_id=136451 project_image_fid=275570]

Select townhomes will feature the existing beautiful heritage sawtooth ceiling, creating an impressive entrance at approximately six metres high, with skylights providing a warm, sun-drenched space; each generously planned with attention to detail across design and functionality. Residents will experience improved health benefits via improved indoor air quality through natural materials, timber flooring, wool mix carpets, low VOC finishes, and recycled bricks, which also contribute to environmental benefits.&nbsp;

“Attention to detail and functionality is at the centre of the floorplan design," Hall added.

"Key considerations include ensuring open-plan layouts to facilitate effective cross ventilation, optimising access to natural light and nurturing ample connections to outdoor green spaces. These considerations were all aimed at supporting better well-being."

Inspired by traditional London Mews, Six Degrees sees this project becoming home to a vibrant authentic Brunswick community that provides strong social benefits for residents. The laneway will be a safe place for kids to play and for neighbours to interact, while courtyards and rooftops will allow for private rest and relaxation.&nbsp;

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“The homes will be spacious, comfortable, low maintenance and cost-effective to run. Plus, residents will be close to beautiful parks and easily accessible public transport as well as cafes, bars and shops, all within walking distance.&nbsp;The history and theme of this site ultimately is adaptation, from a brickworks to a textile factory, to an importer of Mediterranean goods; Brunswick Established is the next layer of site history,” Hall said.&nbsp;

Adelene Teh, <a href="/developers/beulah">Beulah</a> Executive Director, said Six Degrees has an innate ability to truly embrace each site and this is evident in their approach to Brunswick Established, having surveyed the neighbourhood, explored the history of the site and produced a distinct yet very naturally aligned addition to the streetscape.

[smartcode_project_cta:default project_id=136451]

Inspired by traditional London Mews, Six Degrees sees this project becoming home to a vibrant authentic Brunswick community that provides strong social benefits for residents

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