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“Minister Chanthivong and his team have shown real leadership in replacing an outdated two-year bond with cover that matches the lifespan of the buildings people are buying into.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?

Joint venture partners&nbsp;Abadeen Group and PERIFA have received the green light to develop their first mixed-use project together – Putney Wharf Residences.

The $300 million heritage adaptive reuse site, being financed by Phoenix Property Investors and Mitsubishi Estate Asia, boasts 300 metres of water frontage on the harbour at Putney in Sydney’s northwest, 14km from the CBD.

Located on the historic site of the former Halvorsen’s boatshed, <a href="/new-apartments/putney-wharf-residences-20-waterview-street-putney">Putney Wharf Residences</a> will comprise a premium, lifestyle-oriented, mixed-use wharf precinct including 67 luxury apartments and townhouses complemented by sophisticated waterfront dining and retail along with a 36-berth marina.

[smartcode_project:default project_id=13962 project_image_fid=291195]

The project will offer a mix of three-storey townhouses and apartments comprising heritage components including original timber beams and other preserved materials, creating stunning character-rich interiors with a nod to the boating history of the site.&nbsp;

<a href="/developers/perifa">PERIFA</a> Managing Director and Co-Founder Fabrizio Perilli called Putney a "hidden harbourside gem."&nbsp;

“Putney Wharf Residences represents a flagship development for PERIFA as our first major prestige harbourfront mixed-use development in Sydney, and the first of what we hope will be many more ventures with Abadeen, delivering excellence and innovation.

“<a href="/developments/putney-nsw-2112">Putney</a> is a hidden harbourside gem, and Putney Wharf Residences offers an extraordinary opportunity to transform this rare waterfront site into a premium mixed-use development akin to the prestigious Woolloomooloo Wharf, with exceptional dining and residential combined to create the ultimate in waterfront living.”

[smartcode_project:default project_id=13962 project_image_fid=291196]

Designed by acclaimed local Sydney architects&nbsp;<a href="/architects/sjb-architects">SJB</a>, in close collaboration with Heritage Consultants Curio Projects and landscape architects&nbsp;<a href="/landscape-architect/dangar-barin-smith">Dangar Barin Smith</a>, Putney Wharf Residences located at 20 Waterview Street along Putney’s harbourfront, will offer three residential components:

<ol>
	<li>Boatshed Apartments. A full restoration of the heritage-listed Halvorsen’s Boatshed, comprising nineteen oversized apartments: seventeen three-bedrooms and one two, four-bedroom residences.&nbsp;</li>
	<li>Waterview Terraces. Located on Waterview Street comprising 18 three-storey, four-bedroom terraces.</li>
	<li>The Residences at Putney Wharf. Consisting of two new-build three-storey apartment buildings, offering 30 apartments; a mix of two-bedrooms and three-bedroom.</li>
</ol>

Apartments are expected to be priced starting from $1.9 million for a two-bedroom apartment, $3.5 million for a three-bedroom apartment, and $3.9 million for a four-bedroom terrace. The development will also deliver a 213 sqm four-bedroom penthouse within the heritage-restored Boatshed Apartments complex capturing uninterrupted, 180-degree, panoramic harbour views.

[smartcode_project:default project_id=13962 project_image_fid=291199]

<a href="/developers/abadeen-group">Abadeen Group</a>&nbsp;Chief Operating Officer Joe Tack said the regeneration of the Putney Wharf Residences precinct is an important restoration project for the community, having been&nbsp;disused and closed to the public for several decades.

"With such a rich history having been the home to Sydney’s most successful and prolific boat building business established in 1939 by the Halvorsen family, we feel a sense of pride in restoring, preserving and celebrating a significant piece of Sydney’s boating history.&nbsp;

"This is a unique opportunity to revitalise, restore and breathe new life into a significant waterfront parcel of land, delivering a premium lifestyle-oriented wharf precinct within which all of Sydney will want to live, dine, entertain and socialise, and we’re delighted to be partnering with PERIFA to bring this new precinct to life.”

With development approval now received, construction is due to commence imminently with the project expected to be completed by 2027.

[smartcode_project_cta:default project_id=13962]

Set to transform the historic Halvorsen Boat Building facility into luxury homes and restaurants

Abadeen and PERIFA greenlit to develop Putney Wharf Residences

Canberra's inner city suburb of Deakin is set for one of its most luxury apartment developments to date.

Plans have been filed for a mixed-use development including 53 apartments, a day spa, a club lounge, and a public art gallery at 38 Grey Street, Deakin, next to Canberra Girls Grammar School.

The site had previously been occupied by the Margaret Dimoff Art Gallery, and had been subject to a development application for a 102-bed aged care development in 2017.

The new plans, linked to an unknown developer with a registered address in Melbourne, align more closely with the site's proximity to Parliament.

<img alt="Embassy" data-entity-type="file" data-entity-uuid="a2454d3e-da0e-4ecd-ba93-9549d1b5008a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-14%20at%209.12.17%E2%80%AFAM.png?VersionId=5vi8Yyh50natyyPbuU8LUa1FnQ65FKlB" />

The development has been called Embassy Residences in the application and will span six levels.

&nbsp;

The apartment sizes are generous, starting from 160 sqm and ranging up to 600 sqm. There will be two, three and four-bedroom apartments on offer.

Designed by <a href="/architects/hugh-gordon-architects">Hugh Gordon Architects</a>, the building's orientation, form, and scale have been planned to enhance residential amenity while complementing the area's emerging built form.

Embassy Residences' design incorporates features such as physical stepping, architectural elements, balconies, and shading structures to create visual interest and differentiation from neighbouring properties and maintain privacy.

The building's façade will utilise a mix of face bricks, matt monument black, off-white render arches, and brushed brass balustrades, chosen for both aesthetic appeal and ease of maintenance.

<img alt="Embassy" data-entity-type="file" data-entity-uuid="7971da7a-20ad-4a28-b1a8-981799565586" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-14%20at%209.12.11%E2%80%AFAM.png?VersionId=cfJoalk8xjneAI28YSAM.LHQLjTX5ZBB" />

Ground floor units will include courtyards, while penthouses will offer private lifts and rooftop terraces exceeding 200 sqm.&nbsp;All apartments are equipped with EV charging points.

The proposed development is situated adjacent to a planned light rail stop connecting Civic and Woden.

The proposed development is situated adjacent to a planned light rail stop connecting Civic and Woden.

First look: Embassy Residences set for Canberra's Deakin

Gamuda Land’s new St Kilda apartment development, Fareham, will become one of the greenest multi-residential buildings within Melbourne, setting the benchmark for eco-conscious living.&nbsp;

Designed by award-winning architects <a href="/architects/bayley-ward">BayleyWard</a>, <a href="/new-apartments/fareham-st-kilda-95-st-kilda-road-st-kilda">Fareham</a> will target net zero in operations and will achieve a minimum 8-star average NatHERS rating. The project will be powered by an embedded network that provides 100 per cent renewable energy, including rooftop solar photovoltaic panels.&nbsp;

The 73 apartments will feature a mix of water-efficient WELS-rated fixtures and fittings ranging from dishwashers to taps, with additional features including EV charging capabilities, secure bike parks and an onsite bicycle workshop to encourage residents to opt for greener travel arrangements.&nbsp;

[smartcode_project:default project_id=137950 project_image_fid=281436]

With the construction sector accounting for 37 per cent of global emissions, Gamuda Land has turned to family-owned construction firm <a href="/builders/markscon">Markscon</a>, responsible for constructing two industry-leading Nightingale projects, to implement sustainable construction techniques throughout the build.&nbsp;

This includes incorporating passive design principles, utilising green concrete technology where possible and prefabricating concrete elements offsite to reduce the amount of new materials used. Markscon will also aim to divert 90 per cent of all waste from landfills by sorting materials to ensure they can easily be recycled.&nbsp;

Passive design principles will greatly benefit future residents including air-tight construction, high-performance, thermally-broken windows and high levels of insulation, meaning more consistent internal temperatures and lower energy bills.&nbsp;

Material selection during the build includes low to zero-VOC paints and utilising recycled materials or locally manufactured products, where possible.&nbsp;

&nbsp;

[smartcode_project:default project_id=137950 project_image_fid=281439]

Reaching 16 levels high, Fareham will offer bay views, with a maximum of six apartments per floor. Residents will have access to a communal garden on level one, a wellbeing room on level two, and a communal rooftop on level 15.

<a href="/developers/gamuda-land">Gamuda Land</a> General Manager Jarrod Tai said Fareham is not only an exemplar of eco-conscious living in the City of Port Phillip but the broader multi-residential space within Melbourne.&nbsp;

[smartcode_project:default project_id=137950 project_image_fid=281448]

“In 2021, Gamuda Land unveiled the Gamuda Green Plan - a commitment to sustainable construction and development, with specific steps to reduce corporate greenhouse gas emission intensity by 30 per cent in 2025, and by 45 per cent in 2030. Our mission has always been to work with nature, preserve what was there before us and find innovative ways to incorporate it into our design.&nbsp;

“We are bringing this same commitment to our Melbourne projects and believe Fareham will help set the standard with its target of 8-star NatHERS and its goal of being net zero in operation.”&nbsp;

According to CSIRO, 72.5 per cent of new homes within Victoria have an average rating of 6-Star, while only 3.77 per cent of dwellings are rated 8-star or higher.

Fareham is currently under construction and is due for completion in 2026.

[smartcode_project_cta:default project_id=137950]

Gamuda Land General Manager Jarrod Tai said Fareham is not only an exemplar of eco-conscious living in the City of Port Phillip but the broader multi-residential space within Melbourne

St Kilda new apartments to become one of Melbourne's greenest apartment buildings

Brisbane's supercharged property market is continuing its bull run in 2024.

If it wasn't for Perth, Brisbane would be the best performing capital city unit market in the country.&nbsp;

CoreLogic's Monthly Hedonic Index showed the value of Brisbane units, which incorporates both apartments and townhouses, rose 1.9 per cent in July.&nbsp;

So far in 2024, units in Brisbane are now 12.8 per cent higher than they started the year, taking the median value from $561,000 to $638,000, surpassing Melbourne and Canberra to become the second most expensive capital city unit market in the country.

CoreLogic Research Director, Tim Lawless, said available supply is a key factor explaining the diverse outcomes in housing growth trends.

“The number of homes for sale in Brisbane, Adelaide and Perth is more than 30 per cent below average for this time of the year, while weaker markets like Melbourne and Hobart are recording advertised supply well above average levels,” Lawless said.

<h2>What happened in Brisbane’s off the plan apartment market in July</h2>

<a href="/developers/sekisui-house-australia" target="">Sekisui House</a>&nbsp;Australia secured a $5.25 million sale of a penthouse atop Altura, one of its buildings in its $1 billion&nbsp;<a href="/developments/west-end-qld-4101">West End</a> masterplan, West Village.

They've seen a 'reverse sea changer' trend at&nbsp;<a href="/new-apartments/the-allere-collection-west-village-mollison-street-west-end">West Village</a>, which is approaching its final tower release. The buyers,&nbsp;business owners Leo Nipperess and partner Brett Park, are coming from a large home on Sovereign Island.

Nipperess and Park were drawn to the expansive 368 sqm layout complete with multiple living and entertaining zones, five bedrooms, four bathrooms and multiple balconies, only 800m from the Brisbane CBD.

[smartcode_project:default project_id=114215 project_image_fid=257538]

West End is also set for some more future supply with builder-developer Zen Group planning two&nbsp;"climate-responsive and contextually driven" apartment towers at <a href="/new-apartments/24-duncan-street-west-end">24 Duncan Street</a>, near Montague Markets.

The towers will home just over 200 apartments.

<img alt="West End set for climate-responsive apartments" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_900,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Duncan%20Street.png?VersionId=.A9VkekWac99LJ7L8mqewo7AAsg4Vwb_" />

The vision aligns with Brisbane's goal to become a New World City by 2031, promoting a globally recognisable subtropical urban lifestyle.

Duncan Street will comprise two 17-level buildings housing 202 apartments, from one-bedroom plus study apartments through to three-bedroom units.

Read more:&nbsp;<a href="/news/qld/west-end-set-for-climate-responsive-apartments">West End set for climate-responsive apartments</a>

The riverside has been where it's at in July. Across the Brisbane River in St Lucia, developer <a href="/developers/dusk-group">Dusk Group</a>&nbsp;has found a gap in the market with its latest project,&nbsp;<a href="/new-townhouses/aurora-on-depper-st-lucia-68-72-depper-street-st-lucia">Aurora on Depper</a>.

Aurora on Depper presents an attractive opportunity, considering the scarcity of townhouses in the suburb and the competitive starting price of $1.55 million.

The townhouses,&nbsp;currently under construction by Akam Constructions, feature three bedrooms, a two-car garage, kitchens with zero silica benchtops and butler's pantries, and hybrid timber flooring throughout the living areas.

The townhouses are expected to complete by mid-2025.

Read more:&nbsp;<a href="/news/qld/aurora-on-depper-townhouses-to-target-st-lucias-missing-middle">Aurora on Depper townhouses to target St Lucia's "missing middle"</a>

[smartcode_project:default project_id=139032 project_image_fid=232287]

The <a href="/developments/bulimba-qld-4171">Bulimba</a> riverfront is also set for a new collection of apartments. Architect-turned-developer&nbsp;<a href="/architects/joe-adsett-architects" target="">Joe Adsett</a>&nbsp;is teaming up with developer Zephyr Group QLD for Palais Bulimba at&nbsp;<a href="/new-apartments/palais-bulimba-25-27-byron-street-bulimba">25-27 Byron Street</a>.

Adsett has designed the two buildings that will home just 13 luxury apartments, focused on taking advantage of the 30 metres of absolute river frontage, connecting residents to nature and views with river-facing balconies.&nbsp;

&nbsp;

<img alt="First look exclusive: Joe Adsett partners with Zephyr Group for luxury Bulimba apartment development, Palais Bulimba" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_900,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-07-26%20at%2012.03.10%E2%80%AFPM.png?VersionId=fqJQZmCijuLhkR7A1hYV8JBIaOmOrqZe" />

Adsett is expecting Palais Bulimba to attract significant interest from both local and interstate buyers. Construction is slated to commence later this year, with completion expected in mid-2026.

Read more:&nbsp;First look exclusive: <a href="/news/qld/first-look-exclusive-joe-adsett-partners-with-zephyr-group-for-luxury-bulimba-apartment-development-palais-bulimba">Joe Adsett partners with Zephyr Group for luxury Bulimba apartment development, Palais Bulimba</a>

The only true tower development to launch in 2023,&nbsp;Ruby Ruby&nbsp;in the riverside suburb of <a href="/developments/milton-qld-4064">Milton</a>, got a little bigger in July.

National developer&nbsp;<a href="/developers/kokoda-property" target="">Kokoda Property</a>&nbsp;was given the green light to add another four levels to the Crombie Street tower. The enhanced scheme will see a further 34 apartments added

<a href="/new-apartments/ruby-ruby-milton-12-crombie-street-milton">Ruby Ruby</a>&nbsp;now comprises 178 apartments across a 26-level building designed by&nbsp;<a href="/architects/cottee-parker-architects">Cottee Parker</a>.

Read more:&nbsp;<a href="/news/qld/kokoda-adds-more-apartments-to-ruby-ruby-in-milton">Kokoda adds more apartments to Ruby Ruby in Milton</a>

Read more:&nbsp;<a href="/news/qld/city-beat-july-2024-brisbane-units-on-course-for-20-per-cent-gains-in-2024">City Beat July 2024: Brisbane units on course for 20 per cent gains in 2024</a>

Read more:&nbsp;<a href="/news/qld/city-beat-june-2024-brisbane-overtakes-canberra-as-australias-second-most-expensive-capital">City Beat June 2024: Brisbane overtakes Canberra as Australia's second most expensive capital</a>

[smartcode_project_cta:default project_id=139032]

CoreLogic Research Director, Tim Lawless, said available supply is a key factor explaining the diverse outcomes in housing growth trends

City Beat August 2024: Brisbane property boom continues

The builder-developer model isn't new.

Some of Queensland's best developers have been vertically integrated builder-developer for decades.

The challenging construction environment on the Gold Coast, characterized by a substantial increase in apartment projects since COVID-19, along with limited labor resources and rising costs for materials and labor, has led some developers to adjust their strategies to incorporate construction as part of their core service.

The likes of <a href="/developers/morris-property-group">Morris Property Group</a>&nbsp;and <a href="/developers/mosaic-property-group">Mosaic Property Group</a> have had their own building arm for years. They've created the blueprint that a lot of developers on the Gold Coast are looking toward.

[smartcode_project:default project_id=112024 project_image_fid=286004]

<a href="/developers/siera">Siera Group</a>, who made the move from Brisbane to the Gold Coast a few years ago, has for a long time had construction in-house when building luxury townhouse developments across Brisbane's inner ring. They've now decided to do the same at <a href="/new-apartments/tapestry-chevron-island-39-darrambal-street-chevron-island">Tapestry on Chevron Island</a>.

<a href="/developers/marquee">Marquee</a> Development Partners have brought construction in-house for <a href="/new-apartments/la-belle-palm-beach-332-the-esplanade-palm-beach">La Bella Palm Beach</a>, as have <a href="/developers/iris-capital">Iris Capital</a> for its $1 billion Broadbeach development <a href="/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">Victoria &amp; Albert</a> and Steer Developments for its <a href="/new-apartments/c-te-palm-beach-3-thirteenth-avenue-palm-beach">COTE Palm Beach</a> project.

[smartcode_project:default project_id=108641 project_image_fid=192961]

Antonio Mercuri, who heads up site amalgamation specialists GV Property Group, says a key point the team look for&nbsp;when selling a site is if the buyer (developer) has a genuine track record of finishing their projects.

“If you see a high or midrise under construction on the Gold Coast at the moment, chances are, they’re a builder-developer,” Mercuri says.

“It's been a trend in the past couple of years, and very much so in the past 12 months.

“There are so many builders collapsing in Queensland at the moment under that rising cost of construction, and that’s leaving limited competition in the market.&nbsp;It’s forcing a change and as a result, many developers have started building themselves. They’re the ones delivering on these projects - it’s no coincidence."

[smartcode_project:default project_id=102340 project_image_fid=273593]

Mercuri says if someone is looking to buy off the plan, they should do&nbsp;their homework and check if they’re either a builder developer, or in the least, have a builder who they’ve worked alongside in the past.

&nbsp;

“It’s devastating for a buyer who’s handed over a hard earned deposit, only to be told their apartment simply isn't being built.

“Ideally, the project goes up and their unit appreciates in value but that’s not always the case.”

Antonio Mercuri, who heads up site amalgamation specialists GV Property Group, says a key point the team look for when selling a site is if the buyer (developer) has a genuine track record of finishing their projects

The growing trend of the builder-developer, and why it impacts the Gold Coast off the plan apartment market more than most

Eddy Haddad's&nbsp;<a href="/developers/level-33">Level 33</a>, arguably one of the biggest developers in Wollongong, is joining forces with the community affordable housing City West Housing to bring a much-needed influx of apartments to the growing coastal city.

The joint venture means there will be an affordable housing component that will be managed by&nbsp;City West Housing, a registered Community Housing Provider. Of the 906 apartments that have been proposed in the State Significant development application, around 220 will be affordable.

The leaves nearly 700 apartments that will hit the traditional off the plan apartment market in the coming years, pending NSW Government approval.

The 30,130 sqm site&nbsp;at the <a href="/new-apartments/60-74-flinders-street-wollongong">intersection of Gipps and Flinders Streets</a>&nbsp;is currently occupied by an old Bunnings Warehouse which ceased trading at the start of 2023, as well as extensive car parking space and a small brick building.

<img alt="Level 33" data-entity-type="file" data-entity-uuid="97c11568-ff91-4521-9e02-bd42fc0a101c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-13%20at%2011.48.53%E2%80%AFAM.png?VersionId=y7XuNDoFsxEYSDE.IVAMpXeElcivleOs" />A key corner view from Gipps Street. Image credit: DKO

The apartments, will be spread across five mixed-use buildings, ranging in height from seven to 13 levels.

The ground floor of the buildings will be&nbsp;dedicated to business and retail spaces, takeaway food premises, specialised retail, and a gallery. The proposal also includes two levels of basement parking, with vehicle access from Throsby Drive and Gipps Street.

The project will be constructed in stages, beginning with Buildings 4 and 5, the latter of which will house the affordable apartments.&nbsp;

<img alt="Level 33 Wollongong masterplan" data-entity-type="file" data-entity-uuid="266ca885-4362-4dc2-ace2-ab81d4639dbe" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Wollongong%20DA%20masterplan.png?VersionId=PpTvdklskSFJESZ1564pj8Dhc92_VeJ7" /> 
The view of the development from Beaton Park. Image credit: DKO

The plans have been drawn up&nbsp;<a href="/tag/dko-architecture">DKO</a>&nbsp;Architecture with a vision that emphasises a connection to the natural surroundings, particularly Mount Kiera.&nbsp;

A plaza with a viewing deck to Mount Kiera has been proposed as part of the wider development. That will include fitness stations, a central lawn, public art installations, a suspending walk viewing deck, and a bushtucker native garden. 
 
<img alt="Viewing deck" data-entity-type="file" data-entity-uuid="34c675b3-93fd-4cfd-82de-4c354858049f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-13%20at%2011.46.32%E2%80%AFAM.png?VersionId=hemtwwaGELo6dw8SaEcAHT.kHjKQtnhq" /> 
A sketch of the viewing deck. Image credit: DKO

The design that has been submitted to the NSW State Significant Register has been revised following feedback from the State Design Review Panel.

The Scoping Report by Sutherland &amp; Associates Planning says the proposal is a "high-quality, transit-orientated development that will provide both housing choice in a location that enjoys exceptional access to the Wollongong Commercial Centre and other amenities within the City of Wollongong."

Level 33 <a href="/news/nsw/launch-alert-level-33-launch-wollongong-apartment-development-easterly">recently revealed</a> its latest Wollongong apartment development, <a href="/new-apartments/easterly-wollongong-13-crown-street-wollongong">Easterly Wollongong</a>, on one of the best sites in area opposite WIN Stadium.

They're also preparing to launch their <a href="/new-apartments/19-21-bourrool-street-kiama">first apartment development in Kiama</a>.

The proposal is a "high-quality, transit-orientated development that will provide both housing choice in a location that enjoys exceptional access to the Wollongong Commercial Centre and other amenities within the City of Wollongong."

First look exclusive: Level 33 to team up with City West Housing for over 900 new Wollongong apartments

The unit market in Sydney, both established and new, is ramping up.

CoreLogic's Monthly Hedonic Index shows another 0.4 per cent gain in the value of units across July, compared to 0.2 per cent in the house market. It's the fourth consecutive month units have outperformed houses according to CoreLogic's Index.

While only modest growth compared to the likes of Brisbane (+1.9 per cent) and Perth (+2.1 per cent), Sydney's unit market continues to show resilience despite being the most expensive capital city in an environment of heightened interest rates.

The Sydney unit median is now $852,000, more than $200,000 more than the next capital (Brisbane, $638,000).

Sydney's new and off the plan apartment market hasn't taken a break in winter either.

There's been record-breaking sales, new apartment developments launched to market, and several suburb-shaping development applications submitted to various councils across Greater Sydney in July.

&nbsp;

<h2>What happened in Sydney’s off the plan apartment market in July</h2>

Winter did not hinder apartment sales in Sydney’s <a href="/developments/norwest-nsw-2153">Norwest</a>.

<a href="/developers/sekisui-house-australia">Sekisui House Australia</a> secured over $85 million in sales within a few hours of the new apartment release at its $1 billion masterplan The Orchards

<a href="/new-apartments/the-orchards-veue-parkside-norwest-15-19-spurway-drive-norwest-nsw-2153">Veue Parkside</a> features 156 apartments distributed across two buildings, each standing nine and 14 levels tall.

[smartcode_project:default project_id=145924 project_image_fid=287359]

More than 80 sales came on the day, the majority being for the two-bedroom units.

Sales Manager David Lee said buyers came in large numbers to secure a carefully curated apartment in Veue Parkside, which he called "an architectural masterpiece."

[smartcode_project:default project_id=135129 project_image_fid=258271]

July saw the record sale of an apartment in the Eurobodalla Shire.

The penthouse atop&nbsp;<a href="/new-apartments/kailani-batemans-bay-50-52-beach-road-batemans-bay">Kailani</a>, the only new apartment development in&nbsp;<a href="/developments/batemans-bay-nsw-2536">Batemans Bay</a>, sold for $2.75 million, a record for the whole region. The four-bedroom penthouse crowns the low-rise Beach Road building that is currently under construction by builder-developer <a href="/developers/kela-building-group">KELA Building Group</a>.

<a href="/project-marketer/mcgrath-projects">McGrath Projects</a> agent Adam Sparkes said the buyer was also a local and is intending on reconfiguring the large floorplan.

[smartcode_project:default project_id=136442 project_image_fid=277072]

Princeton Financial Services launched its Rockdale development to the market in July.

<a href="/new-apartments/marque-rockdale-602-608-princes-highway-rockdale">Marque Rockdale</a>&nbsp;comprises 58 one, two, and three-bedroom designer apartments that are ideally located to take advantage of living on the coastal peninsula.

Marque will also be the first development in the area with <a href="/news/resilience-latent-defects-insurance">Resilience Latent Defects Insurance</a>, the first defect insurance in Australia that <a href="/news/what-is-latent-defects-insurance-and-is-it-bringing-confidence-to-the-off-the-plan-apartment-market">covers the cost of structural defects</a> for 10 years post-completion of the building.

[smartcode_project:default project_id=31751 project_image_fid=161005]

July also saw the topping out of the second stage of&nbsp;<a href="/buildings/mason-main-merrylands-245-merrylands-road-merrylands-nsw-2160">Mason &amp; Main</a>&nbsp;in&nbsp;<a href="/developments/merrylands-nsw-2160">Merrylands</a>, the $700 million masterplanned precinct by&nbsp;<a href="/news/coronation-property-launches-its-first-release-in-merrylands-development-mason-main">Coronation Property</a>.

The celebration was marked with an event attended by Coronation Property's owner Joe Nahas, contract partners, suppliers, and executive staff.

Mason &amp; Main Stage Two consists of 415 build-to-sell apartments across two buildings, offering studio, one, two, and three-bedroom configurations.&nbsp;

[smartcode_project:default project_id=31751 project_image_fid=257777]

There was plenty activity in the development application space across Greater Sydney in July, namely from&nbsp;<a href="/developers/deicorp">Deicorp</a>.

They first filed plans for <a href="/new-apartments/130-joynton-avenue-zetland">Joynton Square</a>, another community-style development in <a href="/new-apartments/zetland-nsw-2017">Zetland</a>. The mixed-use precinct at 130 Joynton Avenue, pegged at just over $300 million, will see 574 apartments delivered across nine buildings designed by&nbsp;<a href="/architects/fk-australia" target="">Fender Katsalidis</a>&nbsp;and&nbsp;<a href="/architects/candalepas-associates">Candalepas</a>&nbsp;Associates.

Read more:&nbsp;<a href="/news/nsw/first-look-exclusive-deicorp-submit-plans-for-joynton-square-mixed-use-zetland-precinct">First look exclusive: Deicorp submit plans for Joynton Square, mixed-use Zetland precinct</a>

<img alt="First look exclusive: Deicorp submit plans for Joynton Square, mixed-use Zetland precinct" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-13%20at%2010.47.05%E2%80%AFAM.png?VersionId=VRb2qLsnaakvT8Lyll54bVMQECaltz7N" /> 
One of the buildings in the Zetland precinct

Deicorp then went again later in July, filing for just under 1,200 apartments in&nbsp;<a href="/developments/five-dock-nsw-2046">Five Dock</a>.

The apartments will be spread across six towers which will sit above a six to eight-level podium&nbsp;that will comprise commercial and retail spaces, including a full-line supermarket and an indoor recreation facility.

A competitive design process has already been held for the project. It invited four architectural firms to prepare a mixed-use development proposal, which was considered by a Jury of five members who unanimously decided that the <a href="/architects/turner-studio">Turner</a> scheme had the best potential to achieve design excellence.

Read more:&nbsp;<a href="/news/nsw/deicorp-lodge-state-significant-development-application-for-1-200-apartments-in-five-dock">Deicorp lodge State Significant Development application for 1,200 apartments in Five Dock</a>

<img alt="Deicorp lodge State Significant Development application for 1,200 apartments in Five Dock" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_900,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-07-31%20at%206.35.47%E2%80%AFPM.png?VersionId=bRW97op0_lKBvUJWbcNrdYS99n6PRaOT" />

There was a significant move just north of the bridge where joint venture partners&nbsp;<a href="/developers/cbus-property" target="">Cbus Property</a>&nbsp;and&nbsp;<a href="/developers/galileo-group" target="">Galileo Group</a>&nbsp;scaled up their plans for their prime 3,950 sqm Walker St site in North Sydney.

They've gone back to the drawing board and brought in Rothelowman to rejig the plans, add more levels, and reconfigure the apartment mix. They are now proposing 258 apartments.

Read more:&nbsp;<a href="/news/nsw/first-look-exclusive-cbus-and-galileo-revise-plans-for-new-north-sydney-apartment-development-east-walker-street">First look exclusive: Cbus and Galileo revise plans for new North Sydney apartment development</a>

<img alt="First look exclusive: Cbus and Galileo revise plans for new North Sydney apartment development" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_900,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-07-11%20at%204.47.10%E2%80%AFAM.png?VersionId=5Yoe1XDt4w_3flgagSB5ejSCn80ZksY_" />

Sydney’s affluent Eastern Suburbs is also set for an injection of supply.

Ali Mohammed's&nbsp;<a href="/developers/positive-investment-enterprise" target="">Positive Investment Enterprise</a> has filed plans for its rare three-lot amalgamation at 80-84 Drumalbyn Road, <a href="/developments/bellevue-hill-nsw-2023">Bellevue Hill</a>.

They're planning 26 two, three and four-bedroom apartments across a six-level building.

<img alt="First look: Positive Investment Enterprise reveal Bellevue Hill apartment plans" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-24%20at%2010.34.11%E2%80%AFAM.png?VersionId=iH6Wu_u1d_jyg.dB.egjYFUVAlEchehl" />

The building, which will cost nearly $34 million to construct, has been designed by MHNDUnion who says the apartment mix is consistent with market demand and would suit the demographic mix of couples, small families, retirees and downsizers living within the surrounding area.

Read more:&nbsp;<a href="/news/nsw/first-look-positive-investment-enterprise-reveal-bellevue-hill-apartment-plans">First look: Positive Investment Enterprise reveal Bellevue Hill apartment plans</a>

Nearby in Woollahra, burgeoning developer <a href="/developers/toohey-miller">Toohey Miller</a> is continuing its expansion into Sydney's most expensive property markets, with plans for a new $29 million development designed by&nbsp;<a href="/architects/smart-design-studio">Smart Design Studio</a> at 3 Fullerton Street, just behind Matt Moran's The Chiswick and a short walk from Woollahra's amenity on Ocean and Queen Streets.<img alt="First look: Toohey Miller reveal new Woollahra apartment plans" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_900,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-07-24%20at%202.02.13%E2%80%AFPM.png?VersionId=bX1YmDkVQUztIuMYYAQGOz9bPc52fcR7" />

The new development will be part five, part six level and home 15 apartments, the majority three-bedders.

Since announcing themselves on the development scene in 2022,&nbsp;<a href="/developers/toohey-miller">Toohey Miller</a>&nbsp;has been busy acquiring sites across some of Sydney's best suburbs.

They've&nbsp; the majority of apartments in their luxury&nbsp;<a href="/developments/elizabeth-bay-nsw-2011">Elizabeth Bay</a>&nbsp;apartment development,&nbsp;<a href="/new-apartments/no-1-onslow-place-elizabeth-bay-1-onslow-place-elizabeth-bay">No.1 Onslow Place</a>. They're a joint venture partner on&nbsp;<a href="/new-apartments/muse-potts-point-30-34-brougham-street-potts-point">Muse Potts Point</a>&nbsp;nearby, while they're putting the finishing touches to their approved Darlinghurst apartment development,&nbsp;<a href="/new-apartments/henri-house-349-liverpool-street-darlinghurst">Henri House</a>.

Read more:&nbsp;<a href="/news/nsw/first-look-toohey-miller-reveal-new-woollahra-apartment-plans">First look: Toohey Miller reveal new Woollahra apartment plans</a>

Read more:&nbsp;<a href="/news/nsw/city-beat-july-2024-sydney-units-continue-to-outperform-houses">City Beat July 2024: Sydney units continue to outperform houses</a>

Read more:&nbsp;<a href="/news/nsw/city-beat-june-2024-sydney-off-the-plan-apartment-development-plans-pile-up-as-unit-growth-continues">City Beat June 2024: Sydney off the plan apartment development plans pile up as unit growth continues</a> 
&nbsp;

City Beat August 2024: Sydney's new apartment market secures record sales and city-shaping development plans

Diversified national property developer <a href="/developers/goldfields-group">Goldfields</a>&nbsp;is heading to Richmond for its latest residential development.

Goldfields, led by Marco Gattino and Lachlan Thompson, has a national portfolio of land, commercial, and residential developments in several states across Australia. It is planning a 12-level, mixed-use building with 125 residences above ground floor retail at&nbsp;9-15 Brighton Street, <a href="/developments/richmond-vic-3121">Richmond</a>. &nbsp;

Rob Granger, Goldfields General Manager – Built Form, said the new project, that has been designed by <a href="/architects/cera-stribley-architects">Cera Stribley</a>&nbsp;and will sit in landscaping by <a href="/landscape-architect/jack-merlo">Jack Merlo</a>, will bring another high-quality residential development to Richmond.

“Goldfields has a strong track record of delivery and we believe our experience in residential development and product marketing will be key to ensuring this project’s success,” Granger said.&nbsp;

In addition to the 125 apartments and townhouses, the building will feature ground floor and rooftop amenities as well as a three-level basement.

The strategically located site is zoned for mixed-use development and offers future residents a high-quality lifestyle through its proximity to the CBD, major tram and cycling routes, Richmond Train Station, the Barkly Gardens, the Melbourne Sports and &nbsp;Entertainment Precinct, and the iconic Chapel Street retail hub. &nbsp;

Subject to relevant approvals, construction will commence in mid-2025, with completion targeted for 2027.

The project, comprising one, two and three-bedroom apartments and townhouses, is expected to hit the market in early 2025.

Goldfields is currently selling land in Margaret River in Western Australia, and is developing <a href="/new-apartments/the-bryson-of-chatswood-871-877-pacific-highway-chatswood">The Bryson</a> in Sydney's <a href="/developments/chatswood-nsw-2067">Chatswood</a>.

The project, comprising one, two and three-bedroom apartments and townhouses, is expected to hit the market in early 2025

Goldfields ready new $150 million mixed-use development in Richmond

The transformation of Fitzroy into one of Melbourne's coolest inner-city suburbs is set to continue with another visually appealing, sustainable apartment development on the cards.

Plans have been filed by well-known construction firm Cobild for a 10-level development at <a href="/new-apartments/johnston-napier-159-167-johnston-street-fitzroy">159-167 Johnston Street</a>. Cobild Director, Rotem Rotenberg, placed a caveat on the title of the three adjoining lots, totaling 1,978 sqm, on the corner of Johnston and Napier St last year. The site is currently home to three attached, single-level commercial buildings.

The busy Cera Stribley has been called on the design what's being dubbed Johnston &amp; Napier. The 57 owner-occupier focussed apartments, all two and three-bedrooms, have an average internal size of 132 sqm and have their own private terraces.

<img alt="Cera Stribley" data-entity-type="file" data-entity-uuid="c09341e2-8c95-4baf-95b3-2ff4feb34bc3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-12%20at%204.11.51%E2%80%AFPM.png?VersionId=JARizOowqxqiKuv.jfzboqLXGWABNF2v" />

Cera Stribley said in its Design Report they were inspired by the influence landscape has on architecture.

"Inspired by the rich cultural and geographical context of Ngár-go, the “high ground” as recognised by the Wurundjeri Woi Wurrung people, our design intent is deeply rooted in the profound influence of the natural landscape, observing how cities organically evolve in response to their surroundings," CS noted.

"In embracing the notion of Higher Ground, we conceptualise the natural ground plane extending vertically throughout the site, unlocking vast opportunities for on-site amenity."

<img alt="Cera Stribley Johnston St" data-entity-type="file" data-entity-uuid="ee790e65-67ef-4ef3-bd9b-9325bd5a6005" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-12%20at%204.11.55%E2%80%AFPM.png?VersionId=fcHhfA07uCVRZWZJEkDIMKEuRblMOq8l" />

CS said communities flourish in natural spaces.

"Prioritizing landscape in our urban environments ensures greener futures, promotes environmental sustainability, biodiversity, and a healthier quality of life for communities living in them.&nbsp;A strong relationship between people and their environment fosters well-being, connection, and a shared commitment to preserving the beauty of the surroundings."

As well as the apartments, residents will have exclusive access to a private courtyard, garden, and resident lounge on level one with a communal kitchen and dining space, with accompanying landscaping by Florian Wild Landscape Architect. Also part of the development will be 639 sqm sqm of office space, three street-level retail spaces, and a "vibrant cafe".

"This multi-faceted approach ensures that the development not only enhances the residential experience but also contributes positively to the local community and urban fabric of Fitzroy," CS added.

<img alt="Cera Stribley Fitzroy" data-entity-type="file" data-entity-uuid="5b69634a-20dc-4424-85f0-f622cc8bb620" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-12%20at%204.11.59%E2%80%AFPM.png?VersionId=s_hd89rrqb6tj6Qmxfy4iDPseyxwf5fX" />

There will be 28 two-bed apartments on offer and 29 three-beds, of which five are subpenthouses that will have 3.5 bathrooms and a second living area.

There is a push for the development to be sustainable.

"Every project is an opportunity to help accelerate Greater Melbourne’s transition towards becoming the world’s first Self Sufficient City," Cera Stribley noted.

"We are extremely excited about this opportunity to work together with City of Yarra to create an example to help future generations. We are not interested in doing less harm, it’s time for us to create a positive impact through the construction industry."

<img alt="Cera Stribley Johnston St" data-entity-type="file" data-entity-uuid="9e8d9b84-4233-40a7-8656-5f93763158fc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-12%20at%204.12.05%E2%80%AFPM.png?VersionId=7V3rivVRARUCocwHukCbVXJ9qDmuxmr3" />

The aim is for there to be a 51 per cent reduction in energy usage and 15 per cent renewable energy generation, and a 25 per cent reduction in water usage.

Contour Consultants said in its Town Planning Report the proposal "embodies architectural and urban design excellence and will make a positive contribution to the appearance, amenity and safety of the public realm."

Johnston St has been particularly busy in recent months. <a href="/developers/sma-projects">SMA Projects</a> is preparing its latest development, <a href="/new-apartments/the-regent-fitzroy-340-fitzroy-street-fitzroy-vic-3065">The Regent Fitzroy</a>, following development approval, while further down Johnston St in <a href="/developments/abbotsford-vic-3067">Abbotsford</a>, Valeo Construction has recently started the build of <a href="/new-apartments/new-johnston-abbotsford-400-johnston-street-abbotsford-vic-3067">New Johnston</a> for <a href="/developers/dcf-property">DCF Property</a>.

[smartcode_project_cta:default project_id=146251]

First look exclusive: Cobild plot Johnston St, Fitzroy new apartments

Rhodes has become a popular spot for some of Sydney's biggest developers.

The likes of Billbergia and Deicorp have taken to the peninsula suburb to develop some of its most architecturally striking skyscrapers.

However the latest plans, filed by a company linked to Joseph and Pierre Jacobs of Prolet Construction, are for something more boutique.

They're seeking to develop an eight-level building on a&nbsp;1854 sqm triangular site at 2-4 Denham St. It will have 34 apartments above three basement levels of parking for 34 cars and 68 bicycles.

There will be six one-bedroom apartments on offer, 18 two-beds, and 10 three-bed apartments.

Designed by <a href="/architects/pbd-architects">PBD Architects</a>, the Denham St development will incorporate a podium form to create a balanced, human-scale streetscape that aligns with the existing lower-scale development and the desired future character of the area.

<img alt="2-4 Denham St Rhodes apartment development" data-entity-type="file" data-entity-uuid="390e9770-9753-4404-8da6-156251650e46" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/2-4%20Denham%20St%20Rhodes.png?VersionId=bkOjwx_MaDyueVq3e8wT6xX6CoNMnIHo" />

The building's massing and façade details are designed to harmonise with the local character while responding to the sun, views, setbacks, and the site's context.&nbsp;

The design is characterised by using differently pigmented precast concrete and a curtain wall system, which are durable and hard-wearing materials to ensure the development's longevity and enhance its integration into the neighbourhood.

The apartments are designed to maximise the north-facing aspect, ensuring adequate daylight access during winter, with private open space balconies or terraces to further maximise cross-flow ventilation.

<img alt="2-4 Denham St" data-entity-type="file" data-entity-uuid="3d1b9a15-960c-4452-bf38-58f956659b96" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/2-4%20Denham%20St%20Rhodes%20site.png?VersionId=1kUPX39iUzOURy3DX4Qe4vNjz4Is4eU_" /> 
The developer has also collaborated with landscape architect <a href="/landscape-architect/site-image">SITE IMAGE</a> to integrate the building design with its natural surroundings, using a predominantly native planting palette to soften the building footprint and connect it with the existing local environment.

Strategically located, Denham St is conveniently within 210 metres from a proposed primary school site, 450 metres from a proposed ferry wharf, and 750 metres from the Rhodes train station.

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