Apartment buyers in New South Wales are set to gain a decade of insurance-backed protection against major building defects, after the NSW Parliament passed the Fair Trading and Building Legislation Amendment Bill 2026.&nbsp;

The Bill establishes decennial defect insurance, known in the market as Latent Defects Insurance (LDI), as an alternative to the existing two-year strata building bond. It cleared the Legislative Council with amendments on Tuesday evening (August 4, 2026), with the Legislative Assembly agreeing to those amendments shortly after.

Under the reform, eligible developers can satisfy their statutory bond obligation by taking out an approved decennial-style policy that gives owners 10 years of cover for major structural defects from completion, claimable directly, without first having to pursue developers or builders through costly legal action.&nbsp;

The change forms the final tranche of amendments arising from the 2021 statutory review of the Strata Schemes Management Act 2015 and related legislation.

Resilience Insurance, which originated the cover in Australia and has delivered it in NSW since 2022, welcomed the passage and credited the NSW Government for delivering it.

“This is protection apartment buyers have needed for a long time, and the credit for delivering it belongs to the NSW Government,”&nbsp;said Corey Nugent, CEO of Resilience Insurance.

“Minister Chanthivong and his team have shown real leadership in replacing an outdated two-year bond with cover that matches the lifespan of the buildings people are buying into. Reform like this is what good, evidence-based regulation looks like.”

Resilience has delivered LDI in NSW since 2022, protecting thousands of apartments, giving the State, and now the country, real-world evidence of how decade-long, no-fault protection works in practice.

The reform also places NSW within a wider national shift.

NSW is the third jurisdiction to put decennial cover into law. The ACT legislated for it in 2024, with the scheme taking effect in late 2025, and Victoria passed its own framework on 17 June. Between them, the three cover the majority of Australia's apartment market.

The reform commences once the legislation is proclaimed, which is expected in the coming weeks. From that point, developers of Class 2 residential apartment buildings can meet their statutory obligation with an approved decennial policy in place of the bond.

Buyers who purchased into projects that took out the cover early are among the first in the country to take keys to apartments carrying decade-long structural protection.

“With the legislation passed, the focus now turns to making it work for buyers,”&nbsp;Nugent said.

“There are already thousands of apartments in NSW covered by this insurance, bought by developers who moved early. The question every buyer should be asking in a display suite is a simple one: does this building come with 10-year defect cover, and who stands behind it?&nbsp;

“We look forward to working with the Government and the Building Commission in coming weeks as the framework moves to implementation, and to sharing what we have learned over the past four years so the protection reaches owners as smoothly and quickly as possible.”

Other states are working through their own reform programs. Western Australia has indicated that decennial cover is within consideration a later stage of its reform sequence, and Queensland has been examining the settings as it looks at the development pipeline ahead of the 2032 Olympics.

Resilience Insurance acknowledges the NSW Government’s continued focus on strengthening consumer protection while supporting housing delivery across the State.

Fast Facts: What the reform means

<ul style="color:#222222; font-family:Arial, Helvetica, sans-serif; font-size:small; font-style:normal; font-variant-ligatures:normal; font-weight:400; text-align:start; white-space:normal; background-color:#ffffff; text-decoration-thickness:initial; text-decoration-style:initial; text-decoration-color:initial">
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Proven at scale:&nbsp;Decennial cover has operated in NSW since 2022, protecting thousand of apartments.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">10 years of cover:&nbsp;Protection for major structural defects runs for a decade from completion, claimable directly and with no legal action required.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">An alternative to the bond:&nbsp;Eligible developers can meet their statutory obligation with an approved decennial-style policy in place of the 2% strata building bond.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Part of a national shift:&nbsp;The ACT has had decennial provisions in force since 2025 and Victoria passed its framework in June. NSW now joins them.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">No-fault, first resort:&nbsp;Owners corporations claim directly from the insurer without first having to establish who is liable for the defect.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Cost-competitive:&nbsp;At approximately 1.8% of build cost, LDI is typically priced below the 2% bond while offering broader, longer protection.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Market position:&nbsp;Resilience originated LDI in Australia and has delivered it in NSW since 2022.</li>
</ul>

Fast Facts: What is Resilience LDI?

<ul style="color:#222222; font-family:Arial, Helvetica, sans-serif; font-size:small; font-style:normal; font-variant-ligatures:normal; font-weight:400; text-align:start; white-space:normal; background-color:#ffffff; text-decoration-thickness:initial; text-decoration-style:initial; text-decoration-color:initial">
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Resilience Latent Defects Insurance (LDI):&nbsp;Covers major structural defects for 10 years from completion.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Consumer-first:&nbsp;Direct claim access, no need for lengthy legal action.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Cost advantage:&nbsp;At approximately 1.8% of build cost, LDI is typically priced below the traditional 2% Strata Bond while offering broader protection.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Market leader:&nbsp;&nbsp;Resilience Insurance originated LDI in Australia and is the national market leader.</li>
</ul>

Joel Robinson

NSW parliament passes 10-year defect insurance laws for new apartment buyers

Builder-developer <a href="https://www.apartments.com.au/developers/mcnab-developments">McNab</a> has wasted little time reshaping one of South Brisbane's most significant undeveloped apartment sites after acquiring the property earlier this year.&nbsp;

McNab has lodged plans to scrap an existing approval for two 30-storey towers and instead deliver a single 28-storey residential building, preserving part of the site for a future development opportunity.

The proposal, lodged over <a href="https://www.apartments.com.au/new-apartments/64-peel-street-south-brisbane-qld-4101">64 Peel Street and 9 Cordelia Street</a>, is for a residential-led mixed-use development comprising 124 apartments above a landscaped podium, alongside a boundary realignment that preserves part of the land for a future residential project.

<img alt="First look: McNab resets decade-old South Brisbane approval with 124-apartment tower" data-entity-type="file" data-entity-uuid="743bf564-3f8f-45fc-b8d3-bbf18f5b628f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/mcnab%20Peel%20st%20podium.png?VersionId=EhCxGrVn_VFH3qTbKnI4WppGwaMnOn0t" />

Designed by <a href="https://www.apartments.com.au/architects/hayball">Hayball</a>, the development will deliver 119 two-bedroom and five three-bedroom apartments across 23 residential levels. A five-level podium will accommodate 135 car spaces, while the ground floor will include a 66 sqm commercial tenancy, an activated residential lobby with work-from-home spaces, and a publicly accessible landscaped plaza linking Cordelia and Peel streets.&nbsp;

Communal amenities will span Level 6 and the rooftop, including indoor and outdoor recreation spaces, a swimming pool, barbecue facilities, kitchen and dining areas, lawn space, sauna, steam room and yoga facilities.

The application also proposes a boundary realignment to create a standalone 1,290 sqm development lot while retaining an adjacent parcel for future redevelopment, allowing the balance of the site to contribute additional housing over time.

Hayball said the architecture has been shaped by the site's elevated corner position at the intersection of Peel and Cordelia streets and Brisbane's subtropical climate.

The design incorporates generous landscaped setbacks, a masonry podium wrapped with planting, large north-facing balconies, and a slender tower profile intended to maximise natural light, cross ventilation and long-range views. The rooftop has been conceived as a wellness-focused retreat overlooking Brisbane, with amenities positioned to capture views towards Mount Coot-tha and the CBD.

<img alt="First look: McNab resets decade-old South Brisbane approval with 124-apartment tower" data-entity-type="file" data-entity-uuid="c5f99e84-6ad8-4a87-82d1-869685b754d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/mcnab%20tower%20perspective.png?VersionId=Gw0IuJaSAlk.tvGBxInhZOcQAdIB..2b" />

The planning submission positions the proposal as a response to both changing market conditions and Brisbane's Kurilpa Sustainable Growth Precinct planning reforms.

McNab acquired the site after the previous approval was granted, with the existing scheme no longer reflecting current residential market demands, economic conditions, construction challenges, construction efficiencies or the quality of development outcome now being pursued, the planning report noted.

McNab continues to expand its residential development pipeline across Brisbane and the Gold Coast. The developer recently launched The Tannery in West End, securing more than 60 per cent of apartments before the project's public release. It is also delivering Elements Budds Beach in Surfers Paradise and Lucia Highgate Hill, an eight-apartment boutique development overlooking the Brisbane River.

McNab resets decade-old South Brisbane approval with 124-apartment tower

A steeply sloping Bellevue Hill site is set to accommodate a new mid-rise apartment development, with plans lodged for 20 homes that respond to the site's dramatic topography.

The proposal for the consolidated land at <a href="https://www.apartments.com.au/new-apartments/138a-140-bellevue-road-bellevue-hill-nsw-2023">138A-140 Bellevue Road</a> has been designed by Sydney architecture practice Common Office, which has used the site’s substantial fall to distribute the building’s scale and unlock 20 apartments without presenting the full height to the street.&nbsp;

“The unique design strategy leverages the site’s substantial topographical fall to facilitate increased density, presenting a seven-storey profile to Bellevue Road while rising to 10 storeys at the rear,” Common Office said in its architectural design report.

The apartment mix spans one, two, three- and four-bedroom residences. Four two-bedroom apartments are designated as affordable housing, while the plans also include two adaptable dwellings. The mix is majority three-beds, with the typical three-bed apartment offering around 144 sqm internally, with balconies of around 15 sqm.

The affordable housing component represents 15 per cent of the residential floor area and allows the project to access additional height and floor space under the NSW Government’s in-fill affordable housing provisions. The site also falls within the inner area of the Low and Mid-Rise Housing Policy because it is within 400 metres walking distance of Double Bay Town Centre.

<img alt="First Look: Plans lodged for topography-led affordable housing project in Bellevue Hill" data-entity-type="file" data-entity-uuid="b1230d0f-3bfa-4a11-abaf-0928c66ef345" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bellevue%20da.png?VersionId=dZeMK3P.OutGjN8ycjsxm8uNsj_QFWQv" />

Common Office has arranged the building around a masonry podium and a lighter upper volume, drawing on two recurring elements of Bellevue Hill’s established architecture: sandstone bases and the vertical proportions of local Inter-war Art Deco apartment buildings.

“The proposal is governed by a holistic design language that reconciles the solid horizontal masonry of the neighbourhood’s podiums with the elegant verticality of its Art Deco heritage,” the architect said.

“The building maintains a consistent rhythmic logic utilising deep recesses and a sophisticated material transition to break down the 10-storey scale into a series of articulated, human-scale volumes.”

<img alt="First Look: Plans lodged for topography-led affordable housing project in Bellevue Hill" data-entity-type="file" data-entity-uuid="0147f503-1af1-4d51-97fb-c2f1cba63a9d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bellevue%20bldg.png?VersionId=GoW7q3NlK67OpnePXhk7zvklrlKb72Qc" />

Large-format sandstone tiles will define the lower levels, establishing a robust base that negotiates the change in elevation from Bellevue Road. Above, red-tinted precast concrete frames, recessed balconies, anodised aluminium screens and expanded metal details will create a more vertically expressed façade. Integrated planter beds will introduce greenery across balcony edges and recessed sections of the building.

The elongated northern façade has been divided into three recessed vertical masses to reduce its perceived length. Triangular window elements and metal privacy screens reference the geometry of nearby Art Deco buildings while controlling overlooking toward surrounding homes. The southern elevation will incorporate further privacy screening, landscaped edges and deep balconies to maintain light and ventilation.

<img alt="First Look: Plans lodged for topography-led affordable housing project in Bellevue Hill" data-entity-type="file" data-entity-uuid="e8679cf1-18bc-4447-8a0f-0052b94ab83c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bellevue%20da%20rooftop.png?VersionId=5SQqQqRFf76rvE2p1TbxJSweMN70AIbc" />

Private and communal landscaping is distributed throughout the development. A landscaped garden apartment is positioned within the lower portion of the site, while a communal terrace on Level 5 will include a central timber deck, barbecue facilities, resident planting plots and areas for outdoor dining and informal gatherings.

Common Office described the terrace as an elevated sanctuary designed to capture district views and sunlight. Its planting strategy incorporates endemic species associated with the Eastern Suburbs Banksia Scrub, extending the landscape vertically through the building and providing habitat for local flora and fauna.

A second communal outdoor area is proposed at roof level, with built-in seating, paved gathering areas and perimeter planting.

Bellevue Hill is enjoying renewed momentum in the new apartment market, with several boutique developments recently launched and currently under construction. Positive Investment Enterprise is delivering the 16-apartment Kew Palm House on Birriga Road, while Chanine Developments is also under construction at Florian, a 36-apartment project on Banksia Road.

&nbsp;

Bellevue Hill is enjoying renewed momentum in the new apartment market, with several boutique developments recently launched and currently under construction.

First Look: Apartment development pitched for Bellevue Hill, Double Bay fringe

South Brisbane's apartment pipeline continues to build momentum, with <a href="https://www.apartments.com.au/developers/trk-property-group">TRK Property Group</a> lodging plans for a 161-apartment tower on Montague Road as developers accelerate investment across the Kurilpa Sustainable Growth Precinct.

The proposal for 176–186 Montague Road would replace an existing office building with a 20-storey residential tower designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, adding to a growing pipeline of high-density projects reshaping one of Brisbane's fastest-evolving inner-city precincts.

The project has been conceived as a "living building", featuring a flowing tower form, extensive vertical landscaping, and generous communal spaces that respond to the evolving Kurilpa Sustainable Growth Precinct.

TRK Property Group Development Director Matt Kan said the project reflected the confidence developers have in South Brisbane's long-term future.

"South Brisbane is entering an incredibly exciting period, and we see Montague Road sitting right at the heart of that evolution," Kan said.

"With the former Visy site directly opposite us and significant investment planned throughout the broader Kurilpa precinct, there is a real sense of momentum around this part of the city and what it will become over the coming years.

"For TRK, this is an opportunity to be part of that next chapter and deliver a project that responds to where the precinct is heading, while contributing to the continued evolution of Brisbane's river edge."

<img alt="First look: TRK Property joins South Brisbane apartment surge with Montague Road tower plans" data-entity-type="file" data-entity-uuid="590fe1ad-f892-4446-a679-80e33a16d029" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/TRK%20tower%20facade.png?VersionId=uOJStrcKpyHFcPE1w6_9SMAFzVMCcZll" />

The scheme includes a mix of one, two, three and four-bedroom apartments, incorporating multi-purpose rooms in selected residences to provide additional flexibility for home offices or expanded living areas. The proposed mix comprises 15 one-bedroom, 13 one-bedroom plus MPR, 73 two-bedroom, 26 two-bedroom plus MPR, 30 three-bedroom, and four four-bedroom apartments.

Rather than adopting a conventional rectilinear tower, COX Architecture has developed a sculpted form inspired by the movement of the Brisbane River.

"The proposal has been designed by COX Architecture as a 'living building' that responds to the site's riverine setting, floodplain history and evolving urban context within the Kurilpa Sustainable Growth Precinct," the planning report states.

"The architectural form draws from the fluid nature of the Brisbane River, with a curved and undulating tower form that creates a varied architectural edge and avoids a conventional rectilinear tower expression."

The podium has also been designed as an architectural feature rather than a conventional parking structure, with cascading planting, screening and natural-toned materials softening its appearance. Resident parking is elevated above ground level to address the site's flood constraints, while habitable apartments sit above flood planning levels. Upper-level communal facilities are designed to accommodate shelter-in-place arrangements during major flood events.

<img alt="First look: TRK Property joins South Brisbane apartment surge with Montague Road tower plans" data-entity-type="file" data-entity-uuid="01fa15d0-90df-46c7-9555-7941fc45373c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/TRK%20podium.png?VersionId=mHyua.w1pHGBt9qEdWzrlsv.leztUCwO" />

Communal amenity is a major focus of the proposal. Around 1,815 sqm of shared resident space is proposed across the ground floor, level 19 and the rooftop, including co-working areas, indoor and outdoor recreation spaces, wellness facilities, dining and gathering areas, lawn spaces, a rooftop pool and spa, and extensive landscaping. At street level, a landscaped forecourt and approximately 345 sqm of publicly accessible open space along Montague Road are intended to improve the pedestrian experience while activating the building's frontage.

The development will provide 163 car spaces, including 152 resident bays and 11 visitor spaces, together with 144 bicycle spaces incorporating resident storage, visitor parking, bicycle maintenance facilities and e-mobility charging infrastructure.

The site sits within one of Brisbane's fastest-changing inner-city precincts, less than two kilometres from the CBD and within easy reach of South Bank, West End, the Queensland Cultural Centre and extensive public transport connections. The Kurilpa Sustainable Growth Precinct planning framework is encouraging higher-density residential development to help meet Brisbane's housing supply targets while supporting walkable, transit-oriented neighbourhoods.

TRK Property joins South Brisbane apartment surge with Montague Road tower plans

Article summary

<ul data-end="785" data-start="311">
	<li data-end="459" data-section-id="5hbcyr" data-start="311">Pikos Group has released the five-penthouse collection at Skye Kangaroo Point, headlined by a two-storey sky home spanning more than 1,000 sqm.</li>
	<li data-end="561" data-section-id="1p7lq8n" data-start="460">Early buyer interest suggests the residences could set a new Queensland apartment price record.</li>
	<li data-end="667" data-section-id="1y70z0l" data-start="562">The collection includes four move-in ready penthouses and the highly customised Skye One residence.</li>
	<li data-end="785" data-section-id="yvm0y1" data-start="668">The release caps one of Bri​sbane's most ambitious luxury apartment developments overlooking the Brisbane River.</li>
</ul>

<hr data-end="790" data-start="787" />
Pikos Group has released the five-penthouse collection at its <a href="https://www.apartments.com.au/buildings/skye-residences-by-pikos-kangaroo-point-8-river-terrace-kangaroo-point-qld-4169">Skye by Pikos</a> development in Kangaroo Point, with early buyer interest indicating the flagship residences could eclipse every apartment sale previously recorded in Queensland.

The collection crowns the luxury riverfront development with five residences, including four completed penthouses and Skye One, a two-level sky home spanning more than 1,000 sqm that will be tailored to its eventual owner.

[smartcode_project:default project_id=90059 project_image_fid=374075]

Wanting to offer a fully customisable home, Pikos is offering Skye One as a blank canvas, allowing the buyer to work alongside the developer's design team to customise the home's layout, finishes and internal spaces.

The residence will feature a 247 sqm private rooftop terrace with its own swimming pool, sauna, steam room, outdoor kitchen and multiple entertaining areas overlooking the Brisbane River and CBD skyline.

The remaining four penthouses have been completed and are ready for immediate occupation, each offering four bedrooms, expansive open-plan living areas, soaring ceilings and private lift access.

[smartcode_project:default project_id=90059 project_image_fid=374059]

One of the defining features throughout the project is its use of Roman Classic Travertine, with more than 20,000 sqm of the natural stone imported from Italy after being personally selected by Pikos Group Founder and Executive Director Pedro Pikos, interior designer Julie Williamson and third-generation stone specialist Mario Caucci.

Pikos said the penthouse collection represented the culmination of the company's long-term vision for Skye.

"True legacy isn't measured by what we build today, but by what endures tomorrow," Pikos said.

"Our ambition is to create places that become more valuable with time, enrich the lives of generations, and stand as timeless landmarks long after we've stepped away."

[smartcode_project:default project_id=90059 project_image_fid=374060]

Williamson said the interiors were inspired by the natural character of Kangaroo Point and the Brisbane River rather than international design trends.

"Materiality tells the story of a place," Williamson said.

"We looked to the movement of the Brisbane River, the texture of the cliff face and the warmth of the surrounding landscape to create interiors that feel understated, enduring and unmistakably Brisbane."

Positioned above the Kangaroo Point cliffs, Skye places residents within walking distance of Howard Smith Wharves, South Bank and James Street while offering uninterrupted river and city views.

[smartcode_project_cta:default project_id=90059]

Brisbane's next apartment price record? Pikos unveils Skye's exclusive penthouse collection

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

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

Decade of construction commences at visionary Harbour Shores community

Lewis Land break ground at Harbour Shores in Biggera Waters

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

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

M3 Group expands into Preston with boutique townhouse project

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

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

Burleigh Beach Houses near completion with just two villas remaining

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

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

Rare new apartments pitched for Highgate Hill

Prominent Canberra and Gold Coast developer,&nbsp;<a href="/developers/morris-property-group">Morris Property Group</a>, has unveiled one of its most luxury apartment developments to date.

They've launched <a href="/buildings/malo-broadbeach-8-jubilee-avenue-broadbeach-qld-4218">Malo</a>, just 16 half-floor apartments on Jubilee Avenue in Broadbeach, their ninth <a href="/developments/broadbeach-qld-4218">Broadbeach</a> development since breaking into the Gold Coast market in the late 1990s.

[smartcode_project:default project_id=112549 project_image_fid=293549]

Designed by Morris' go-to architecture firm, the&nbsp;Canberra-based&nbsp;<a href="/architects/guida-moseley-brown-architects">Guida Moseley Brown Architects</a>, Malo's three-bedroom apartments have around 130 sqm of internal living space and feature floor-to-ceiling windows and balconies that capture extensive views across the Gold Coast skyline and over the beach.

The apartments feature&nbsp;Cassa Lusso tapware, Franke kitchen appliances, and Bosch laundry appliances.

[smartcode_project:default project_id=112549 project_image_fid=293547]

Malo, currently under construction and expected to welcome residents in late 2024, neighbours several of Morris' previous projects, Qube and Synergy.

Malo’s location offers residents easy access to Surf Parade, known for its dining options, as well as Pacific Fair, the largest shopping centre on the Gold Coast.

[smartcode_project:default project_id=112549 project_image_fid=293555]

It's a stone's throw from the Broadbeach North light rail station, as well as the Gold Coast Convention and Exhibition Centre which is slated for a $700 million redevelopment to turn it into a world-class entertainment precinct.

Kurrawa Beach and its surrounding parklands are also nearby, providing opportunities for outdoor pursuits.&nbsp;

[smartcode_project_cta:default project_id=112549]

Malo, currently under construction and expected to welcome residents in late 2024, neighbours several of Morris' previous projects, Qube and Synergy

Morris Property Group launch half-floor apartments at Malo Broadbeach

Harry Triguboff's love affair with Surfers Paradise is showing no sign of waivering.

His apartment development giant, Meriton, has filed plans for yet another soaring tower on the Surfers Paradisde beachfront, its fourth in as many years.

The new development, Meriton Shore, at 126 Esplanade Surfers Paradise, takes its name from the 52-year-old high-rise, The Shore, which currently sits on the vast 3,460 sqm site along with The Dolphins boutique apartment block and several high-street retail spaces.

Meriton Shore will have 519 one, two, three and four-bedroom apartments across a 73-level tower designed by Cottee Parker with landscaping by DBI.

The majority of the apartments will be located above a seven-level podium, which will be crowned by an indoor and outdoor amenity level. There will be an outdoor pool, with integrated spa and kids pool, as well barbecue facilties, a sauna, and an indoor pool. On the level below will be a gym and a lounge room.

<img alt="Meriton" data-entity-type="file" data-entity-uuid="f54cec93-b2b5-4c90-adce-bb6e0693e7e4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-21%20at%201.59.50%E2%80%AFPM.png?VersionId=F5V2Mqhx0hM2VZzm1BI9EoKHxLIM4ALT" />

At the foot of the tower will be five food and beverage tenancies, fronting Esplanade and Ocean Avenue.

The apartment mix is weighted towards two bedrooms (278) and three bedrooms (136). 86 one-beds are planned, and 19 four-bedroom apartments.

he Town Planning Report from UPS said&nbsp;the proposal will contribute highly desirable outcomes for the subject site and the Light Rail Urban Renewal Area and urban neighbourhood in which it is located, through the high-quality architectural design, bespoke integration of landscape design outcomes and the mix of land use activities to invigorate the public realm around the site.

"The proximity of the site to the high-frequency light rail network represents an opportunity to bring forward substantial investment and renewal of the site to deliver upon the intent for Surfers Paradise and the Light Rail Urban Renewal Area to transition toward the highly-connected, compact, mixed-use environment that is envisaged both by the Council and State Government," UPS noted in its submission.

<img alt="Meriton" data-entity-type="file" data-entity-uuid="4e985f4b-b587-43be-84c1-b282e2208496" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-21%20at%2012.58.37%E2%80%AFPM.png?VersionId=lDAqucZt91wxX3B2P8K.94Vvy7QAy600" />

"The proposed development seizes the opportunity to deliver a mixed-use environment promoting highly efficient use of the subject site, creating active frontages to The Esplanade, Ocean Avenue and Surfers Paradise Boulevard, through ground-level tenancies planned to accommodate food and drink outlets with outdoor dining spaces engaging with street life."

The 3,460 sqm site is less than 300&nbsp;metres from the under construction Iconica, 260 metres from Ocean that was completed in 2022, and 700 metres from the recently launched Cypress Palms, set back from the beach on Cypress Avenue.

The four developments total well over 2,000 apartments.

<img alt="Meriton" data-entity-type="file" data-entity-uuid="cf13cc61-2603-4fcb-93a7-f278f1985504" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-21%20at%202.04.41%E2%80%AFPM.png?VersionId=0_d9m91_LGjnUinbZBd8h6M8UI5N4Isb" />

On <a href="/news/qld/harry-triguboffs-meriton-spends-67-5-million-on-another-esplanade-surfers-paradise-site">spending $67.5 million on the site</a>, which took Meriton's spending on Surfers Paradise sits to more than $176 million in the past year,&nbsp;Triguboff said he is putting his Gold Coast wallet away for the time being and had no plans for more buys.

Triguboff said the latest purchase was not just a sign of confidence in Surfers Paradise, but also a reflection on how much easier it was to do business on the Gold Coast than in Sydney.

“In Sydney you talk to the city’s town planners and get a ‘take it or leave’ attitude," Triguboff said.

“That’s not the case on the Gold Coast and in Brisbane, where the planners and councils are fair and, if a rule clearly is wrong, they’ll change it.

“In other words, life’s a lot easier for me in Queensland.”

On spending $67.5 million on the site, which took Meriton's spending on Surfers Paradise sits to more than $176 million in the past year, Triguboff said he is putting his Gold Coast wallet away for the time being and had no plans for more buys.



First look exclusive: Meriton continue Surfers Paradise domination with another apartment tower proposed

Ballina has long been known as the southern neighbour of the popular tourist hotspot, Byron Bay.

But the coastal enclave just south Byron is starting to have its time in the sun, much like Byron had during the pandemic.

That's what <a href="/developers/omira-property-group">Omira Property Group</a> saw in <a href="/developments/ballina-nsw-2478">Ballina</a> when they secured a prime site on Norton Street, on the fringe of the centre of the township.

"Ballina has everything Byron Bay has and more," Omira Property Group Founder Alasdair Baker says.

&nbsp;

Omira has recently launched <a href="/new-townhouses/mana-ballina-86-90-norton-street-ballina">Mana</a>, just 14 villas both in the heart of Ballina and on the fringe of North Creek. Omira has previously completed successful developments in both Byron Bay and the southern Gold Coast.

They brought the same team down from Byron Bay, which includes C2 Architecture, to create a slice of <a href="/developments/byron-bay-nsw-2481">Byron</a> in Ballina.

WATCH:&nbsp;<a href="/news/nsw/inside-mana-ballina-urban-speaks-to-the-key-stakeholders-in-ballinas-best-new-development">Inside Mana Ballina: Urban speaks to the key stakeholders in Ballina's best new development</a>

Set privately off Norton Street, the Mana villas each offer three bedrooms and over 200 sqm of internal living space.

&nbsp;

[smartcode_project:default project_id=144558 project_image_fid=264603]

The location of Mana in particular lends itself to either the holidaymaker or local downsizer.

Ballina is centrally located to several different beaches and bays, each offering something different, whether it be walking paths or lookouts.

Metres from the doorstep of Mana is&nbsp;Meldrum Park and playground, as well as The Kerry Saxby Walkway which stretches one kilometre across Commemoration Park, Missingham Park and Kingsford Smith Park to Missingham Beach.

[smartcode_project:default project_id=144558 project_image_fid=261478]

Aside from its natural beauty, Ballina is also known for its strong sense of community. The town has a vibrant arts and culture scene with regular events such as the Ballina Fine Food and Wine Festival and the Northern Rivers Performing Arts program, embracing the village vibe.

The Ballina Farmers Market is just a seven-minute walk from Norton Street, across Kingsford Smith Park, where residents can also buy fresh produce directly from the grower.

The Ballina Fair Shopping Centre and Ballina Central Shopping Centre are adjacent to each other and both are only a four-minute drive from Mana.&nbsp;

The malls are home to Palace Fair Cinemas, Woolworths, Kmart, Coles, SUPA VALU IGA Supermarket, Big W and 23 specialty shops including over nine dine-in and takeaway food stores.

[smartcode_project:default project_id=144558 project_image_fid=293913]

For the holidaymakers, Ballina is just five minutes down the highway from Ballina Airport, the second busiest regional airport in Australia which offers short flights to all major capital cities.

Mana presents a unique opportunity for buyers in Ballina, not only due to the fact new development is incredibly scarce in the area, but that only 20 per cent of the current residential property makeup of Ballina is townhouses.

"We're providing barefoot luxury in a low-maintenance environment," Baker says.

&nbsp;

[smartcode_project_cta:default project_id=144558]

Ballina is centrally located to several different beaches and bays, each offering something different, whether it be walking paths or lookouts.

How Mana takes advantage of the very best of Ballina's beaches and bays

TWT Property Group has been quietly expanding its prime Atchison Street holding in St Leonards for several years, with the goal of creating a suburb-defining precinct.

Now the developer, known for its luxury projects across Sydney, has released the first set of apartments in the arts-focussed community.

The first stage will introduce 93 one, two, three and four-bedroom apartments on the cusp of Crows Nest Village, a short walk from Crows Nest Metro which will no doubt draw buyers who want easy access to the city.

[smartcode_project:default project_id=94318 project_image_fid=293323]

The curved, 16-level building features interiors by&nbsp;<a href="/architects/dbi">DBI</a>&nbsp;who has created an interior scheme that is focused on creating functional living spaces, like the inclusion of study nooks and protected balconies.

The first stage of the masterplan will feature 3,000 sqm of commercial space, part of the 10,000 sqm of commercial space that will be on offer across the total 1.3-hectare development.&nbsp;

[smartcode_project:default project_id=94318 project_image_fid=293323]

"Art inspires and excites," TWT says.

"It enriches our buildings and the lives of those who live in them.

“In our buildings, in our architecture, and within our precincts, we always bring artistic expression and tangible artistic components to our work."

[smartcode_project:default project_id=94318 project_image_fid=293333]

TWT Property Group has already appointed Westbourne Constructions to build the first stage of <a href="/new-apartments/the-collective-crows-nest-23-35-atchison-st-crows-nest">The Collective</a>. Construction is scheduled to commence in the third quarter of 2024.

<a href="/developers/twt-property-group">TWT Property Group</a> has a strong record of delivering quality projects in some of Sydney's best suburbs. They've been behind Grande Pyrmont Bay Estate, NewLife Bondi Junction, NewLife Darling Harbour, and T1 St Leonards.

Belle Property is opening the display suite, onsite at 64 Atchison Street, this weekend, for prospective buyers to get the first chance at buying at what will become the newest lifestyle hub in the Lower North Shore

[smartcode_project_cta:default project_id=94318]

TWT Property Group has already appointed Westbourne Constructions to build the first stage of The Collective. Construction is scheduled to commence in the third quarter of 2024.

TWT kicks off new Crows Nest precinct, The Collective, with first apartments released

Sekisui House&nbsp;Australia has revealed plans for its final stage of its successful Norwest masterplanned community, The Orchards.

The fifth and final stage, to be decided by the Sydney Central City Planning Panel, will bring the final 209 apartments to the 8.1-hectare precinct at 104 Fairway Drive, strategically located on the edge of the new Norwest Business Park and the Castle Hill Country Club.

The application is for three more buildings, to add to the 1,100 residences either already delivered or under construction. A 12-level and nine-level building, designed by <a href="/architects/rothelowman">Rothelowman</a>, will home the apartments, while the third building will feature the communal amenity.

The design draws inspiration from natural forms, with the primary building mass resembling an eroded stone structure, featuring apertures and openings that optimise daylight, views, and connectivity with the surrounding landscape.

<img alt="Sekisui Final Stage of The Orchards" data-entity-type="file" data-entity-uuid="ee73e473-eb26-42d6-ae03-aaa901f14eb7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20Orchards%20Stage%205%20pers%20a.png?VersionId=HXEeR5mpLwTcGsNM7YF7JgMdNSadV7Su" />

The unit designs within the development vary to maximise the benefits of the site’s unique context. The western tower apartments are designed to capture northern sunlight while minimising exposure to the western sun, thanks to the strategic placement of balconies.&nbsp;

The breezeway units offer natural ventilation and northern aspect views, while the palace units are designed with two-bedroom wings and a large central living area that opens out towards the creek to take in the northeastern views.

&nbsp;

<img alt="Sekisui Fifth Stage of The Orchards" data-entity-type="file" data-entity-uuid="3031dcff-23cc-4a97-a170-c3617152db76" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20Orchards%20Stage%205%20pers.png?VersionId=jvvRD714M3DvSuq83dfF_167LCYVRX0K" />

As the westernmost marker within The Orchards, the proposed buildings are designed to create a gateway element that reflects the thematic principles of the broader master plan.&nbsp;

Residents will have access to a ground floor communal courtyard, characterised by expansive lawns that allow for flexible use to accommodate large groups and smaller gatherings.&nbsp;

A communal lagoon pool with dining facilities will enhance the amenities available to residents of the precinct.

Sustainability is also a key consideration in the development, with measures including electric vehicle charging infrastructure in the basement, bioswales within the landscaped area, photovoltaic panels on the roof, and the retention of existing trees.

&nbsp;<img alt="Sekisui Final Stage of The Orchards Application site" data-entity-type="file" data-entity-uuid="28aeda23-86a4-449e-984e-8d732e89bb28" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20Orchards.png?VersionId=kUKyYLrHA57S9DbCbIoHpYTdduBAn5sc" />

<a href="/developers/sekisui-house-australia">Sekisui House Australia</a> has been selling The Orchards since 2017.

The most recent release, <a href="/new-apartments/the-orchards-veue-parkside-norwest-15-19-spurway-drive-norwest-nsw-2153">Veue Parkside</a>, secured $85 million worth of sales at its <a href="/news/nsw/sekisui-house-australia-secure-over-85-million-in-apartment-sales-at-veue-parkside-the-orchards-community-in-norwest">launch weekend in July</a>. More than 80 of the 156 apartments sold.

[smartcode_project:default project_id=145924 project_image_fid=287361]

Veue, the fourth stage of The Orchards, comprises 577 apartments,&nbsp;nearly half of the total apartments that will make up the 8.1-hectare masterplan.

&nbsp;

The Orchards is located around 31 kilometres north-west of Sydney’s CBD. It is 800 metres from <a href="/developments/norwest-nsw-2153">Norwest</a> Metro Train Station and 600 metres from Norwest Marketown as well as Norwest Business Park - currently housing over 30,000 employees.&nbsp;

The masterplan, designed by <a href="/interior-designers/turner-studio">Turner</a>, is spread across five stages. When completed, the community will comprise 1,300 apartments.

[smartcode_project_cta:default project_id=145924]

Sekisui House Australia has been selling The Orchards since 2017

First look exclusive: Sekisui reveal final stage of $1 billion Norwest masterplan, The Orchards

Listed developer Lendlease has unveiled Australia’s most opulent hotel-style amenities at its highly anticipated, once-in-a-generation residential development <a href="/new-apartments/one-sydney-harbour-6-watermans-quay-barangaroo">One Sydney Harbour</a>&nbsp;in Barangaroo.

Beyond simple shared residential amenities, One Sydney Harbour’s three towers combine exclusive residents’ wellness and social spaces with private retreats and experiences befitting one of Sydney’s most coveted addresses.

&nbsp;

<a href="/developers/lendlease-development">Lendlease</a> has partnered with architect Renzo Piano (Renzo Piano Building Workshop) and interior architect Daniel Goldberg (State of Craft) to create The Club, which features sophisticated health and wellness spaces, indoor and outdoor pools, social terraces, and private rooms to entertain.

&nbsp;

<img alt="One Sydney Harbour gymnasium" data-entity-type="file" data-entity-uuid="b606237e-7761-49bb-be34-ff50387873bf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/unnamed%20%283%29_0.jpg?VersionId=3Fkg9GYWRrRoATN2k.sPU9Blc8C90RAc" />

The Club is made up of six distinct zones incorporating The Pool House, The Garden Terrace, The Sanctuary, The Pool Deck, The Club House and The Sky Terrace, each with their own distinct amenities.

Inspired by the Blue Mountains’ lush vegetation and private rock pools, The Pool House is awash in deep green marble to create a temple-like space that seems almost carved from crystalline green rock.

Daniel Goldberg of State Craft says research shows that different colours can evoke different psychological and physiological responses, which can influence our overall wellness.

“We chose this shade of green for The Pool House for its ability to promote a sense of balance and harmony. It symbolises nature and growth, is soothing on the eyes and can help reduce anxiety and stress.”

Illuminated from within and set amid a glazed façade that runs along three sides overlooking Hickson Park, the crystal-clear water creates the illusion of swimming in nature. Classic columns, ceiling blades and statement artwork heighten the sense of grandeur while palm fronds, cane and linen furniture create a tropical oasis.

Residents can access The Spa, The Sauna and The Steam Room directly from The Pool House via a natural stone clad freestanding wall.

<img alt="One Sydney Harbour spa" data-entity-type="file" data-entity-uuid="c9d9d36f-6181-413e-9e46-0102cc560137" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/unnamed%20%282%29_1.jpg?VersionId=ZCdk8JqE0N6AFAGacAHz3r8_Nsrp5ljH" />

One Sydney Harbour’s Outdoor Garden Terrace on Level 2 is a private garden conceived by Renzo Piano as a space where residents can relax and find respite from the busy CBD. Visible from the apartments above, it overlooks Watermans Cove and features impressive views across the harbour towards Balmain and Pyrmont framed by a lush mix of native and exotic plantings that link it with the surrounding terraces and podiums.

The Sanctuary is an open-plan temple to self-care. It features high-energy workout spaces, two wellness rooms, for treatments and massages, and a multi-functional studio realised in light timber and subtle, integrated lighting for yoga and pilates classes, complete with equipment. A separate area for beauty treatments, hair and makeup means residents can book their self-care treatments close to home.

The Renzo Piano-designed Pool Deck is a tranquil space surrounded by foliage with uninterrupted views over Waterman’s Cove. Complete with rows of sun loungers a la the French Riviera or straight out of a Hollywood movie, it promises to be one of Sydney’s most chic places to soak up Sydney’s glorious rays.

The Sky Terrace is inspired by a Mediterranean olive grove conceptualised by Renzo Piano Building Workshop as a breakout space high above the harbour, where residents can enjoy BBQs and entertain against a backdrop of stunning CBD views.

In addition to One Sydney Harbour’s health and wellness amenities, many opportunities exist for entertaining in 'The Club’. The Orangery is inspired by European 18th-century greenhouses with a stone floor, rattan-lined ceiling, and adjoining veranda.

Three linked spaces; The Billiards Room, The Wine Gallery and The Blue Room, are serviced by a commercial kitchen nearby simply dubbed The Kitchen.

The Billiards Room has a central pool table that converts to a table for cocktails with a custom lid.

<img alt="One Sydney Harbour wine room" data-entity-type="file" data-entity-uuid="034cda01-2a7d-40be-8bbc-5d9c3a11d183" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/unnamed%20%281%29_1.jpg?VersionId=tnKrorWmTQ9nbKYVcotfKN82NSC3hwbr" />

Next door is The Wine Gallery that features extensive copper and native Australian timber. The Blue Room is a more intimate private dining space with a feature blue leather-clad wall for wine tastings and entertaining for up to 10 guests.

One Sydney Harbour’s tallest tower, Residences One, is now complete with first residents moving in. Residences Two and Waterman’s Residences will be complete this year.

[smartcode_project_cta:default project_id=139801]

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