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“Minister Chanthivong and his team have shown real leadership in replacing an outdated two-year bond with cover that matches the lifespan of the buildings people are buying into.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

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

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

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

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

mikah.m@urban.com.au

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

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

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

Princeton launch Rockdale's newest apartment development, Marque Rockdale

<a>Brunswick Established</a>, the latest project by Melbourne-based property developer Beulah and architects Six Degrees, has quickly established itself as one of the most groundbreaking concepts in property design with its commitment to the well-being of people and planet.&nbsp;

Set within one of Melbourne’s most desirable neighbourhoods, <a href="/new-townhouses/brunswick-established-23-hodgson-st-brunswick-vic-3056">Brunswick Established</a> is a limited collection of 23 sustainable heritage townhomes, and the first heritage townhome community for circular living in <a href="/developments/brunswick-vic-3056">Brunswick</a>.&nbsp;

Located at 23 Hodgson Street, the project represents Six Degrees's environmentally progressive and highly considered design process, drawing inspiration from the site’s history, while employing new design principles to place sustainability and wellbeing at the forefront.&nbsp;

[smartcode_project:default project_id=136451 project_image_fid=277194]

<a href="/architects/six-degrees-architects">Six Degrees</a> Director Peter Malatt was initially drawn to the brickwork, not just for its practicality and tactility but its ability to convey the site’s rich history.&nbsp;

“The buildings are inspired by the work of Robin Boyd in the 1960s, using simple materials such as recycled brick, white painted brick and metal," Malatt said.

"We were also interested in London Mews, two-storey buildings which once housed carriages and horses and now form a lively community of housing.&nbsp;The decision to reuse the bricks and timber from the site is not only an aesthetic choice but has a deeper meaning, a resourcefulness that carries memory and the character of history.”&nbsp;

Up to 80 per cent of the original brick heritage building facade will remain, with the new townhomes designed to sit behind this existing facade. The design will also seek to reuse original timber from the warehouse ceiling to create bold features that tell a story.&nbsp;

Brunswick Established is also crafted to enable residents to live sustainably and responsibly once the project is complete - providing them with the opportunity to reuse, recycle and reduce waste and carbon emissions. Onsite solar panels will produce renewable energy, the homes are all electric and will have rainwater tanks for collection and reuse of water and productive food garden options.

[smartcode_project:default project_id=136451 project_image_fid=277190]

Malatt said the team aims to create a best practice outcome for sustainability, with a target of 7-star average energy rating.&nbsp;

“We have an industry-wide responsibility to reduce energy and materials used in construction, which is one of the largest carbon users and contributors to landfill waste. It is essential to reduce, reuse and avoid the creation of waste as much as possible.”&nbsp;

In addition to being a site rich in heritage, Brunswick Established has also been designed to be ‘future-proofed’ and ‘multi-generational’.&nbsp;

Six Degrees Associate Architect Amy Hall said the&nbsp;approach is to celebrate the heritage qualities of the site to make sure they are protected into the future.

"The homes are built to last and are suitable for a range of different lifestyles and families via adaptable and flexible floorplans. There are a variety of options to turn parts of the homes into an office, a studio, a playroom, a gym and more."

Responsible for both the architecture and interior design, Six Degrees’ holistic approach enabled the team to ensure an intrinsic link between the design outcomes; a seamless, harmonious flow from the outside to within, continuing the reuse and recycling of materials, with natural timber finishes used to warm the interiors.&nbsp;

“There is an industrial robustness in our material choices such as a welcoming brick paved entry sitting alongside a keenness for mid-century craft in joinery elements with highlights of reeded glass and metal,” said Amy.&nbsp;

[smartcode_project:default project_id=136451 project_image_fid=275570]

Select townhomes will feature the existing beautiful heritage sawtooth ceiling, creating an impressive entrance at approximately six metres high, with skylights providing a warm, sun-drenched space; each generously planned with attention to detail across design and functionality. Residents will experience improved health benefits via improved indoor air quality through natural materials, timber flooring, wool mix carpets, low VOC finishes, and recycled bricks, which also contribute to environmental benefits.&nbsp;

“Attention to detail and functionality is at the centre of the floorplan design," Hall added.

"Key considerations include ensuring open-plan layouts to facilitate effective cross ventilation, optimising access to natural light and nurturing ample connections to outdoor green spaces. These considerations were all aimed at supporting better well-being."

Inspired by traditional London Mews, Six Degrees sees this project becoming home to a vibrant authentic Brunswick community that provides strong social benefits for residents. The laneway will be a safe place for kids to play and for neighbours to interact, while courtyards and rooftops will allow for private rest and relaxation.&nbsp;

[smartcode_project:default project_id=136451 project_image_fid=270371]

“The homes will be spacious, comfortable, low maintenance and cost-effective to run. Plus, residents will be close to beautiful parks and easily accessible public transport as well as cafes, bars and shops, all within walking distance.&nbsp;The history and theme of this site ultimately is adaptation, from a brickworks to a textile factory, to an importer of Mediterranean goods; Brunswick Established is the next layer of site history,” Hall said.&nbsp;

Adelene Teh, <a href="/developers/beulah">Beulah</a> Executive Director, said Six Degrees has an innate ability to truly embrace each site and this is evident in their approach to Brunswick Established, having surveyed the neighbourhood, explored the history of the site and produced a distinct yet very naturally aligned addition to the streetscape.

[smartcode_project_cta:default project_id=136451]

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

Six Degrees and Beulah lead the way for next era of sustainable homes and design

Joint venture partners, <a href="/developers/abadeen-group">Abadeen Group</a> and <a href="/developers/perifa">PERIFA</a>, have unveiled their exciting, bold vision for the former historic Halvorsen Boat Shed precinct, on the water at <a href="/developments/putney-nsw-2112">Putney</a> in Sydney’s north.

Boasting 300 metres of absolute waterfrontage, the site will undergo a dramatic transformation bringing its rich boating history and the Norwegian boat building family, the Halvorsens, who owned it since the early 1900s, along with it.

<a href="/new-apartments/putney-wharf-residences-20-waterview-street-putney">Putney Wharf Residences</a> (PWR) will comprise a vibrant mixed-use wharf precinct comprising a mix of luxury two, three and four-bedroom apartments and townhouses suited to local downsizers and owner-occupiers. The precinct will be complemented by dynamic waterfront dining and retail along with a marina of approximately 36 berths.

<img alt="Abadeen" data-entity-type="file" data-entity-uuid="0226e478-53ac-4ee5-9ef3-f3364474904f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-18%20at%202.30.46%E2%80%AFPM.png?VersionId=CqP43qNse9sagV9WI1tHC3rBO.uUfYHP" />

Abadeen Group’s Executive Chairman Justin Brown said Putney Wharf Residences presents an extraordinary opportunity to transform this rare waterfront site into a dynamic mixed-use wharf precinct featuring bespoke retail, waterfront dining and luxury residential – akin to Woolloomooloo Wharf.

“While you’re unlikely to see the Sydney high society or celebrities at Putney Wharf Residences as you do at Woolloomooloo Wharf, PWR will attract high net worth local professional families who are looking for waterfront living with great dining on their doorstep, without having to leave their precinct – while, for some, mooring their boat in the marina out front,” Brown said.

Designed by local Sydney architects&nbsp;<a href="/architects/sjb-architects">SJB</a>, Putney Wharf Residences located at 20 Waterview Street along Putney’s spectacular harbourfront, will offer three residential components comprising a mix of apartments and terraces.

While the majority of the apartments will have water views, at the heart of the precinct will be a contemporary and sophisticated waterfront dining, entertainment and retail precinct becoming a vibrant new destination for the local community.

Sitting on an expansive 15,870 square-metre waterfront in the northern Sydney area, the site represents a rare opportunity to regenerate a significant infill site with 300 metres of waterfrontage.&nbsp;

<img alt="Putney" data-entity-type="file" data-entity-uuid="1dd2b32a-e8ee-438a-8a3f-ee68649815c4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-18%20at%202.30.50%E2%80%AFPM.png?VersionId=XaLpKAu26OSSQWg0qvKrEcsX.x5o.NAh" />

Marina Berths up to 20 metres

With its own state-of-the-art private marina of approximately 36 berths (subject to DA), the project is expected to appeal to boat owners who will have the option of purchasing a marina without having to purchase a property.

Having been disused and closed to the public for several decades, the regeneration of the Putney Wharf Residences precinct is an important restoration project for Putney and is envisaged to become a highly desirable waterfront destination and residential address for local downsizers and upgraders looking for premium lifestyle amenity.&nbsp;

Mr Brown said: “With such a rich boating history having been the home to Sydney’s most successful and prolific boat-building business established in 1939 by the Halvorsen family originally from Norway, we feel obligated to restore, preserve and celebrate the site’s history and to deliver a state-of-the-art mixed-use wharf precinct Sydney’s boating community will be proud of and want to live, dine and socialise here.”

The project will offer a mix of three-storey townhouses and apartments defined by high ceilings and heritage components using original timber beams and other preserved materials, repurposed into the apartments creating stunning character-rich interiors.

Transformation of historic Halvorsen Boat Shed into luxury homes and waterfront dining

Abadeen & PERIFA to bring Woolloomooloo Wharf-inspired waterfront precinct to Putney

Coronation Property has topped out the second stage of its $700 million master-planned precinct, <a href="/buildings/mason-main-merrylands-245-merrylands-road-merrylands-nsw-2160">Mason &amp; Main</a>&nbsp;in <a href="/developments/merrylands-nsw-2160">Merrylands</a>.

The celebration was marked with an event attended by <a href="/developers/coronation-property">Coronation Property</a>'s owner Joe Nahas, contract partners, suppliers, and executive staff.

Nahas said the topping out of Mason &amp; Main Stage Two is a major milestone for the project, following the recent opening of Stage One earlier this year.&nbsp;&nbsp;

“The topping out of Mason &amp; Main Stage Two signifies our commitment to working on-the-ground increasing the supply of quality, new homes in Sydney.

“We’re proud to be providing a premium lifestyle destination for the residents of Western Sydney – places that people are truly proud of living in.”&nbsp;&nbsp;

Read more:&nbsp;<a href="/news/nsw/inside-mason-main-merrylands-urbans-display-apartment-tour-of-coronations-latest-placemaking-project">Inside Mason &amp; Main Merrylands: Urban's display apartment tour of Coronation's latest placemaking project</a>

[smartcode_project:default project_id=31751 project_image_fid=161007]

David Borger, Executive Director of Business Western Sydney, said this was an important development for the people in Sydney's vibrant Western suburbs.&nbsp;

“Mason &amp; Main is a fantastic example of what can be achieved for the people of Western Sydney," Borger said.

"This development is providing residents the opportunity to live in a well-connected area that’s close to their social networks and workplaces, while enjoying the kind of quality product that’s usually reserved for inner city suburbs."

Mason &amp; Main Stage Two consists of 415 build-to-sell apartments across two buildings, offering studio, one, two, and three-bedroom configurations.&nbsp;

The project, designed by <a href="/architects/woods-bagot">Woods Bagot</a> and 360 Degrees Landscape Architects, will include amenities such as a swimming pool, gymnasium, and outdoor dining facilities.

[smartcode_project:default project_id=31751 project_image_fid=160996]

Upon completion, Stage Two will complement Stage One, which features 434 build-to-rent apartments, the largest such development in New South Wales.&nbsp;

The precinct will also feature a 9,000 sqm dining and retail area known as 'Eat Street,' comprising over 25 retail occupants including Macelleria, Yuzu Dining, One Playground gym, Hilltop Childcare Centre, and various beauty and health services.

Read more:&nbsp;<a href="/news/nsw/coronation-welcomes-new-eat-street-tenants-to-mason-main-in-merrylands">Coronation welcomes new Eat Street tenants to Mason &amp; Main in Merrylands</a>

[smartcode_project_cta:default project_id=31751]

Mason & Main Stage Two consists of 415 build-to-sell apartments across two buildings, offering studio, one, two, and three-bedroom configurations

Coronation tops out Mason & Main, Merrylands second stage

When it comes to buyers looking at apartments in new developments in Melbourne and its surrounding suburbs, the level of amenities on offer can often be the deciding factor for a buyer.

Amenity has been a huge focus in the last five years, particularly since the onset of COVID which saw a significant amount of people work from home. That trend may never go away, and that's seen most developers incorporate co-working spaces as part of the amenity of the building. Pre-COVID, this type of amenity didn't exist.

But developers on this list didn't stop there when it came to creating a point of difference in their building. From cinemas and rooftop dining areas to running tracks and wellness centres, we've wrapped up the best apartment developments around Melbourne with a significant list of amenities.

<h2>Project: R.Iconic, South Melbourne</h2>

<h3>Address: 259 Normanby Road, South Melbourne VIC 3205</h3>

<h3>Developer: R.Corporation</h3>

<a href="/developers/rcorporation">R. Corporation</a>'s latest apartment development, <a href="/buildings/r-iconic-south-melbourne-259-normanby-road-south-melbourne">R.Iconic</a>, is one of the most amenity-fuelled developments ever produced in South Melbourne.

The recently completed first building at 259 Normanby Road features all the bells and whistles of a resort-style hotel.

[smartcode_project:default project_id=5234 project_image_fid=233904]

Set among landscaped gardens designed by the renowned <a href="/landscape-architect/paul-bangay-garden-design">Paul Bagnay</a>, R.Iconic features an expansive backyard featuring one acre of space.&nbsp;

The rooftop is where most of the action is. There's a heated outdoor pool, an infinity running track, an outdoor gym, a tranquil zen garden, and an adventure playground for children. Also featuring on the roof are two dining pavilions, two barbecue spaces and a firepit area.

There's another indoor gym that includes a steam room and a sauna, while a cinema and karaoke room, a&nbsp;24/7 concierge, dog grooming station, and EV charging stations and bicycle storage make up the rest of the amenity.

[smartcode_project:default project_id=5234 project_image_fid=233907]

Penthouse and townhouse owners in R.Iconic also get exclusive access to the Horizon Lounge, a sky-high private level with Bayside views, lounge areas for entertaining, a kitchen and dining space, and a mezzanine meeting area.

<h2>Project: BLVD at Melbourne Square</h2>

<h3>Address: 19 Hoff Boulevard, Southbank VIC 3006</h3>

<h3>Developer: OSK Property</h3>

OSK Property's&nbsp;<a href="/new-apartments/blvd-at-melbourne-square-19-hoff-boulevard-southbank">BLVD</a> is another building in the multi-billion dollar Melbourne Square precinct in&nbsp;<a href="/developments/southbank-vic-3006">Southbank</a> that will deliver a significant amount of building amenity.

The 602 residences receive access to private dining rooms, state-of-the-art gyms, a 25-metre indoor swimming pool, spa, sauna, golf simulator, entertainment and lounge spaces, and a double-storey co-working area on levels 55 and 56.&nbsp;

[smartcode_project:default project_id=107714 project_image_fid=211867]

Beyond its architectural grandeur designed by <a href="/architects/cox-architecture">Cox Architecture</a>, BLVD embodies a commitment to sustainability and well-being, &nbsp;featuring carbon-neutral operation-enabled residences, gas-free design, and EV charging stations.&nbsp;

<a href="/builders/multiplex">Multiplex</a> has recently broken ground on BLVD and commenced construction of the 74-level tower. They're expecting to complete the building in Q1 2028.

<h2>Project: Trielle at Yarra's Edge, Docklands</h2>

<h3>Address: 16 Point Park Crescent, Docklands VIC 3008</h3>

<h3>Developer: Mirvac</h3>

<a href="/developers/mirvac">Mirvac</a>'s Trielle at Yarra's Edge is one of the most highly coveted and exclusive residential towers in Mirvac's $1.2 billion masterplan on the <a href="/developments/docklands-vic-3008">Docklands</a> waterfront.

<a href="/new-apartments/trielle-at-yarras-edge-docklands-16-point-park-crescent-docklands">Trielle</a> is one of Mirvac's most amenity-filled projects they've ever developed. It has everything a buyer could want

[smartcode_project:default project_id=114216 project_image_fid=211520]

A full wellness centre has been designed by Australia’s leading spa expert Naomi Gregory, complete with a 25-metre lap pool and spa, biophilic gym, magnesium spa, cold-pail contrast treatment and day spa treatment rooms.

There's flexi-working spaces, of course, with a resident library complete with business-class work pods as well as dedicated office spaces dubbed Mills Place.

[smartcode_project:default project_id=114216 project_image_fid=212015]

Relaxation and entertainment amenity has not been overlooked with a piano bar, resident dining room, cinema room, games room, golf simulator studio and a teppanyaki barbecue with adjoining outdoor dining.

Trielle also embraces sustainability with its fully electric building and EV charging stations.

Trielle is slated for completion in mid-2027.

<h2>Project: Highett Common</h2>

<h3>Address: 37 Graham Road, Highett VIC 3190</h3>

<h3>Developer: Sunkin Property Group</h3>

<a href="/developers/sunkin-property-group">Sunkin</a>&nbsp;Property Group's&nbsp;<a href="/new-apartments/highett-common-37-graham-road-highett-vic-3190">Highett Common</a>, a masterplan in the heart of <a href="/developments/highett-vic-3190">Highett</a>, will home more than 1,000 residents across a 9.3-hectare site when it's completed.

The first release, Park House, already 70 per cent sold, offers one, two, and three-bedroom residences designed by <a href="/architects/clarke-hopkins-clarke-0">Clarke Hopkins Clarke Architects</a> and <a href="/landscape-architect/tract-landscape-architects">Tract Landscape Architects</a> to harmonise with the surrounding environment.

[smartcode_project:default project_id=108019 project_image_fid=213936]

The state-of-the-art amenities include gyms and wellness areas, swimming pools and sun-drenched decks, providing residents with a resort-like living experience.

Meanwhile, residents can host celebrations with family and friends in a private dining room and expansive indoor and outdoor lounge areas.&nbsp;

[smartcode_project:default project_id=108019 project_image_fid=213939]

The development also incorporates dedicated spaces for work and study, workshops, and community meetings at the new public Highett Library.

<a href="/builders/sk-construction">SK Construction</a> has commenced construction of Highett Common’s $70 million stage 1 construction program, completed by late 2025.

<h2>Project: Louise Melbourne</h2>

<h3>Address: 8 Louise Street, Melbourne VIC 3004</h3>

<h3>Developer: Samuel Property</h3>

<a href="/developers/samuel-property">Samuel Property</a>'s Louise Melbourne, just off St Kilda Road, is another building brining premium amenity to its residents.

Designed by <a href="/architects/cera-stribley-architects">Cera Stribley</a>, <a href="/new-apartments/louise-melbourne-8-louise-street-melbourne">Louise</a> will feature 88 one, two, three and four-bedroom apartments with amenity like a&nbsp;a swimming pool, cleverly positioned beneath a distinctive skylight, forming the focal point of a wellness centre with a steam room.&nbsp;

[smartcode_project:default project_id=112174 project_image_fid=199646]

A landscaped outdoor terrace wraps around communal areas, complemented by a bookable private dining room with a full kitchen and a private lounge area.

The 16-level development is currently under construction by the renowned builder <a href="/builders/hamilton-marino">Hamilton Marino</a>&nbsp;who is working toward a&nbsp;2025 completion.

<h2>Project: Malvern Collective</h2>

<h3>Address: 2 Station Place, Malvern VIC 3144</h3>

<h3>Developer: Kokoda Property</h3>

Melbourne developer <a href="/developers/kokoda-property">Kokoda Property</a> has created an even more convenient neighbourhood than the 15-minute neighbourhood at their new zero-minute mixed-used precinct, <a href="/new-apartments/malvern-collective-2-station-place-malvern">Malvern Collective</a>.

Malvern Collective comprises 205 one to three-bedroom apartments above a soon-to-be-thriving hospitality precinct, offering future residents every convenience at their doorstep, including a Woolworths Metro, six hospitality venues, and a straightforward commute to the city.

[smartcode_project:default project_id=12457 project_image_fid=217249]

Residents of Malvern Collective will also enjoy exclusive amenities within the project, such as a co-working space, a cinema, a swimming pool, a wellness centre with hot and cold plunge pools, and a private dining area.

Construction on Malvern Collective is well underway, with completion slated for late 2024.

<h2>Project: The Eighth, South Melbourne</h2>

<h3>Address: 22 Kings Place, South Melbourne VIC 3205</h3>

<h3>Developer: Projects by Crema</h3>

<a href="/developments/south-melbourne-vic-3205">South Melbourne</a>'s recently completed <a>The Eighth</a> by <a href="/developers/crema-group">Projects by Crema</a> offers some of the largest apartments on offer in the sought-after suburb on the fringe of the St Kilda Rd precinct.

Designed by <a href="/architects/fraser-partners-0">Elenberg Fraser</a> and Kennon, the 18-level building includes two levels of commercial office space, 36 high-end apartments, a resident rooftop with a swimming pool and bar, and a holistic corporate wellbeing business on the podium level.

[smartcode_project:default project_id=5345 project_image_fid=269736]

Convenience is at the foot of the building in the Palms Cafe and Beppi's Wine Bar is on the ground floor.

Located in Melbourne's Domain Precinct, <a href="/buildings/the-eighth-south-melbourne-22-kings-place-south-melbourne">The Eighth</a> is in an ideal transport pocket, just off the bus stops on Park Street and the new ANZAC Station.

<h2>Project: Victoriana, Melbourne</h2>

<h3>Address: 20 Queens Road, Melbourne VIC 3004</h3>

<h3>Developer: CDG Group</h3>

The 2021-completed project by <a href="/developers/cdg-group">CDG Group</a> comprises a mix of one, two, three and four-bedroom apartments, with the interiors focusing on creating a balance between space and elegance.

The 16-level building has been designed by <a href="/architects/rothelowman">Rothelowman</a> with cascading terraces, a vertical garden, and careful consideration of the natural landscape.

[smartcode_project:default project_id=1979 project_image_fid=78670]

Beyond the confines of the apartments, residents at <a href="/buildings/victoriana-melbourne-20-queens-road-melbourne">Victoriana</a> are treated to a range of resort-inspired amenities that rival those of a six-star hotel.

There's a heated indoor swimming pool, a steam room and a sauna, as well as a state-of-the-art gym, equipped with cardio and weights, a lounge and garden terrace, services like concierge assistance, secure video intercom entry, high-speed lift access, and a porte-cochere.

With the St Kilda Road trams just a stone's throw away and the upcoming Anzac Railway Station in close proximity, commuting and exploring the city has never been easier.

<h2>Project: West Side Place, Melbourne</h2>

<h3>Address: 250 Spencer Street, Melbourne VIC 3000</h3>

<h3>Developer: Far East Consortium</h3>

<a href="/developers/far-east-consortium">Far East Consortium</a>'s completed $1 billion <a href="/buildings/west-side-place-melbourne-250-spencer-street-melbourne-vic-3000">West Side Place</a> stands tall with four residential towers and the prestigious Ritz-Carlton and Dorsett Hotels at 250 Spencer Street.

Designed by <a href="/architects/cottee-parker-architects">Cottee Parker</a>, residents can choose from a one-bedroom, one-bedroom plus study, and multiple two-bedroom configurations.&nbsp;

[smartcode_project:default project_id=1270 project_image_fid=217072]

The amenity, both in and out of the building, has been a major driver at West Side Place.&nbsp;

The development has a swimming pool with a steam room and sauna, a gymnasium with an open terrace, function and meeting rooms, open terraces with seating and BBQ facilities, a private cinema, and even karaoke and virtual golf facilities.

The on-site retail arcades at West Side Place also offer convenience and a diversity of shops and services at the residents' doorstep.

<h2>Project: The Albertine by Mirvac, Melbourne</h2>

<h3>Address: 31 Queens Lane, Melbourne VIC 3004</h3>

<h3>Developer: Mirvac</h3>

<a href="/new-apartments/the-albertine-by-mirvac-melbourne-31-queens-lane-melbourne">The Albertine</a> is one of ASX-listed developer Mirvac's latest projects in <a href="/developments/melbourne-vic-3004">Melbourne</a>.

The new apartment development will home 98 one, two and three-bedroom apartments, catering for every buyer cohort in the market.

[smartcode_project:default project_id=138659 project_image_fid=215874]

Like Mirvac's portfolio, particularly across their Melbourne projects, there's also a high level of amenity for residents.

The resident facilities are split across different levels. The Circadian Club will feature an indoor pool and spa, state-of-the-art gym, yoga and Pilates studio, and sauna, while the Elysian Room on level 10 will be residents' exclusive dining space with sweeping views across Melbourne.

[smartcode_project:default project_id=138659 project_image_fid=215878]

Residents at the $200 million development, will be ideally positioned to take advantage of the new ANZAC Station from its Queens Lane address.

<a href="/builders/mirvac-construction">Mirvac Construction</a>&nbsp;commenced early site works in The Albertine recently.

From rooftop running tracks to piano bars: Melbourne's best apartments with significant resident amenities

‘Reverse sea changers’ are returning to Brisbane as the city’s vibrant culture, food and lifestyle offering comes of age.

Sekisui House Australia sold its penthouse atop Altura, in its multi-award winning <a href="/developments/west-end-qld-4101">West End</a> masterplan, <a href="/new-apartments/the-allere-collection-west-village-mollison-street-west-end">West Village</a>, to a couple coming from a large home on Sovereign Island.

The penthouse was purchased for $5.25 million by business owners Leo Nipperess and partner Brett Park, who 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.

Nipperess, after owning more than 25 properties, cited the lifestyle offering of West Village convinced them to relocate from their expansive waterfront home on the Gold Coast to the house-like proportions of the Altura penthouse.

[smartcode_project:default project_id=114215 project_image_fid=257538]

“Brisbane has certainly come of age,” Nipperess said.

“We owned a place at West End years ago, and it’s incredible how much West Village has lifted the entire area."

Nipperess first purchased in West Village as an investment and spent nine months living in an apartment in the Arcadia building.

“After we inspected the Altura penthouse, we decided to make the move permanently. You feel like you’re coming home to a six-star hotel. We just love it here,” Nipperess added.

[smartcode_project:default project_id=114215 project_image_fid=204874]

Nipperess and Park say they don’t regret their decision to leave behind the often too-quiet coastal lifestyle and grueling commute on the M1 Motorway.&nbsp;

“The difference is you come home from work and there's a whole other life to enjoy,’’ Nipperess said.&nbsp;

“Any night of the week here we can walk downstairs to restaurants or collect fresh food for dinner, it’s just so easy, and day or night there are different views to enjoy from every window.

“I think the friendliness at Altura was something we didn't expect, and the sense of community is quite unique.

“We look forward to entertaining at home and enjoying the resident amenities, especially the pool and spa right above us and the working from home space.”

[smartcode_project:default project_id=114215 project_image_fid=204848]

Taku Hashimoto, Project Director, Apartment and Mixed-Use Developments at Sekisui House Australia, said there had been a noticeable trend of buyers returning from their pandemic-inspired sea-change back to Brisbane.

“Leo and Brett are among a growing number of buyers at West Village who are relocating from the Gold Coast to be closer to work, without sacrificing lifestyle,” Hashimoto said.

“West Village is a unique inner-city community where convenience, sustainability, and residential living coexist.

“There are more than 30 retailers, restaurants and health and wellness providers here, anchored by Harris Farm Markets and Woolworths.

“Major hospitals, schools and universities, and Brisbane’s CBD, are all nearby, as well as the river walk which connects West Village to South Bank’s cultural and parkland precinct. Everything is at your doorstep.”&nbsp;

Altura, Brisbane’s first neuroarchitecture building, sold out ahead of its completion in September last year. West Village’s latest apartment release, The Allere Collection, is under construction and over 95 per cent sold. With the <a href="/news/qld/sekisui-release-final-apartments-in-west-villages-allere-collection">final Opulent Release recently going to market</a>, only a handful of four and five-bedroom residences remain.

[smartcode_project_cta:default project_id=114215]

“After we inspected the Altura penthouse, we decided to make the move permanently. You feel like you’re coming home to a six-star hotel. We just love it here,” buyer Leo Nipperess said

‘Reverse sea changers’ return to city life as West End penthouse fetches $5.25 million

While established markets tend to take a breather over winter as agents head overseas, it's a busy time in the off the plan development space.

Developers, media agencies and project marketers start to firm up plans for a spring launch of their developments, giving prospective buyers the biggest hit of supply they'll see all year.

Anecdotal feedback from developers and project marketers is that there's enough demand for new apartments at the moment, based on the lack of supply and as long as the product is being delivered by a team with a strong background in development.&nbsp; Many of those who make this list have been in the development game for decades.

We've wrapped up the top developments that are set to launch before the end of 2024.

<h2>Who:&nbsp;Milieu</h2>

<h2>What: Elsternwick Gardens by Milieu</h2>

<h2>Where: 8 Gordon Street, Elsternwick</h2>

Having secured the 11,740 sqm site of the former ABC Studios on Gordon Street in Elsternwick back in 2022, design-focussed developer Milieu has spent the last two years working alongside Woods Bagot, K.P.D.O., Flack Studio, OCULUS, Broached Commissions and March Studio to create a garden-centric community they’re calling <a href="/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens by Milieu</a>.

Elsternwick Gardens by Milieu is a low-rise, campus-style development of six buildings and over half a hectare of green open space.

[smartcode_project:default project_id=136535 project_image_fid=288414]

One of the biggest considerations in the planning phase was how to not only incorporate, but celebrate and take advantage of the neighbouring Rippon Lea Estate, the landmark 19th century mansion surrounded by seven hectares of gardens that are deemed some of the best in the country. The estate is listed on the National Heritage Register as one of the finest examples of original suburban estates in Australia.

Elsternwick Gardens by Milieu residents will have private access to the heritage gardens through a gate that can only be accessed by its occupants.

[smartcode_project:default project_id=136535 project_image_fid=288420]

Milieu Managing Director Michael McCormack said Elsternwick Gardens is a once-in-a-generation opportunity.

“The sheer scale of the project, alongside the historical and cultural importance of the site, renders this our most significant undertaking to date. Close to our hearts and planted firmly front of mind, it’s the project that we believe will define our legacy as a creative developer."

<h2>Who:&nbsp;ANGLE</h2>

<h2>What: Fernhurst, 20 apartments and homes&nbsp;</h2>

<h2>Where: Fernhurst Grove, Studley Park Kew</h2>

Boutique apartment developer <a href="/developers/angle">ANGLE</a> is set to launch its Kew apartment development, <a href="/new-apartments/fernhurst-kew-11-15-fernhurst-grove-kew-vic-3101">Fernhurst</a>, in the coming months, having received development approval for the luxury 20-residence project late last year.

The development, on a 4,000 sqm site on the corner of Stawell Street and Fernhurst Grove in Studley Park, will comprise 17 apartments and three homes, ranging in price between $2 million and $7 million.

The site has around 113 metres of frontage to Fernhurst Grove and Stawell Street. Every ground-floor apartment will have an average garden area of over 150 sqm, ANGLE’s most extensively landscaped project to date.

<img alt="ANGLE" data-entity-type="file" data-entity-uuid="246001fb-e79f-43f7-9a0a-9aff444919ae" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-06-27%20at%2012.54.04%E2%80%AFPM.png?VersionId=kF88TNHudK4SzCOzGmC.SYV9LmR58yhB" />

Having successfully developed the award-winning Fenwick project together just over 500 metres away, ANGLE is once again partnering with architecture practice Edition Office and landscape designer Eckersley Garden Architecture to deliver Fernhurst.

Director Lachie Gibson says Fernhurst will follow in the footsteps of ANGLE’s nearby projects, representing another opportunity for the team to demonstrate its industry-leading focus on design, landscaping and architecture.

Jellis Craig Projects Director Stephen Bowtell is handling the sales.

<h2>Who:&nbsp;DARE Property Group</h2>

<h2>What: St David</h2>

<h2>Where: 33 St David Street, Fitzroy</h2>

Sydney-based developer DARE Property Group is breaking into the high-end residential market in Melbourne.

Its debut development will be in Fitzroy where they're soon to launch <a href="/new-apartments/saint-david-fitzroy-33-st-david-street-fitzroy-vic-3065">St David</a>, just 17 apartments named after its prime position on St David Street, between Smith and Brunswick streets.

<img alt="St David" data-entity-type="file" data-entity-uuid="7ffa4d4c-aa34-43b8-947d-0237d9865eda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-02%20at%2010.02.30%E2%80%AFPM.png?VersionId=J9PA7SR2URyiXowjP8pfmYOBOKGfUk5B" />

Designed by Cera Stribley, St David will have five two-bedroom apartments, nine three-bed apartments, and three penthouses.

Cera Stribley says 33 St David St "demands a structure of architectural distinction."

"Our design draws inspiration from the rich local context, specifically the iconic Rojo Stools from the former furniture factory. The proposed fluted facade pays homage to the curved form of the stool's seat, creating a simple yet striking architectural tectonic."

<h2>Who: Kincrest</h2>

<h2>What: The Osment - 22 apartments on Grattan Gardens</h2>

<h2>Where: 3-7 Grattan Street, Prahran</h2>

Developer <a href="/developers/kincrest">Kincrest</a> will be bringing one of the best parkside developments to Prahran in Spring after they put together a prime 1,613 sqm site on Grattan Gardens.

They'll be launching 22 two, three and four-bedroom apartments across a seven-level building at <a href="/new-apartments/the-osment-prahran-3-7-grattan-street-prahran">3-7 Grattan Street</a>, a site with a 35-metre frontage to the popular <a href="/developments/prahran-vic-3181">Prahran</a> park.

<img alt="Exclusive first look: Kincrest plots new Prahran apartments" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-06-11%20at%2010.36.50%20am.png?VersionId=CHSl4.FRxEblmX8Chkbm5NRiGvmTYAZE" />

The mixed-use plans by <a href="/architects/cheah-saw-architecture">Cheah Saw Architecture</a>&nbsp;will include two levels of strata offices and a ground-floor cafe and retail space that will face the park.

"The Greville St precinct, with positive input from the City of Stonnington, has rejuvenated in recent years, we’re really excited to be within such a historical, vibrant area of life," Kincrest Director Tom Howgate says.

"We see this development as contributing to a world-class location."

<h2>Who:&nbsp;Abadeen</h2>

<h2>What: 26 apartments by Carr</h2>

<h2>Where: 616-646 High Street, Prahran</h2>

The Victorian division of Sydney's longtime luxury Lower North Shore development company Abadeen, is continuing its push into Melbourne's owner-occupier market.

<a href="/developers/abadeen-group">Abadeen</a>, led locally by former CBRE Director Andrew Leoncelli, is looking to launch its Prahran apartment development, subject to council approval.

<img alt="First look: Abadeen lodge plans for second Melbourne apartment development" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-04-17%20at%2011.05.29%20am.png?VersionId=79fVjZ.l2snAFEPFAw3RuGyQuZFmK7pW" />

Abadeen will be developing a boutique building at 616-646 High Street, on the corner of Airlie Avenue and High Street near Toorak Park and Orrong Romanis Reserve.

They had <a href="/architects/carr-design">Carr</a> design a four-level building that curves around a Smooth Bark Apple tree, immovable as it's listed as a national trust significant tree.

There will be 26 apartments across the four levels, a mix of two-beds, two-bed plus study's, and three-bed apartments.

Abadeen announced itself to the Melbourne owner-occupier market with <a href="/new-apartments/malea-94-burke-road-malvern-east">Maléa</a>, just seven parkside apartments on Malvern East's Central Park.

<h2>Who: Salvo</h2>

<h2>What: Moray House, 305 apartments</h2>

<h2>Where: 42 Moray Street and 11-13 Hancock Street, Southbank</h2>

Prominent Melbourne fringe developer <a href="/developers/salvo">Salvo</a> is set to kick off the demolition phase of its recently-unveiled Southbank tower, <a href="/new-apartments/moray-house-42-moray-street-southbank">Moray House</a>.

Rising 56 levels on a prime corner site across 42 Moray Street and 11-13 Hancock Street, Moray House will comprise 305 apartments. More than 240 of the apartments&nbsp;have already been snapped up by a variety of demographics, from parents purchasing apartments for their children, professionals seeking a city base, families moving back to inner Melbourne post-COVID, and investors.

The $200 million project is primarily made up of two and three-bedroom apartments designed by interior designer David Hicks, as well as two double-level penthouses with never-to-be-built-out views. Moray House also comprises eight levels of office space, hi-tech co-working facilities and two floors of residential amenity with wellness and relaxation at its core.

<img alt="First look: Salvo set to launch Southbank apartment tower Moray House" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-05-01%20at%2010.37.30%20am.png?VersionId=LJb_JYW9EVD0758ZDbTu4jdOV640X6Ca" />

<a href="/developers/salvo">Salvo</a>&nbsp;Managing Partner James Maitland said&nbsp;<a href="/developers/salvo" target="">Salvo</a>’s&nbsp;Now Generation&nbsp;blueprint underscores the project’s design approach to how people live, work and relax today, based around health and wellness, connectivity, work-life balance, and practical luxuries.

“The pandemic accelerated a shift in the way people live and awareness of the critical role that internal and external environments play in our physical and mental health and wellbeing," Maitland said.

“Traditional apartment living has evolved to vertical communities and urban placemaking where residents can make new social connections in various communal indoor and outdoor spaces. They also expect resort-style amenities and connectivity with their local environment."

<h2>Who:&nbsp;Second Nature Developments</h2>

<h2>What: 21 sustainable apartments and townhouses</h2>

<h2>Where:&nbsp;197-205 St Georges Road, Fitzroy North</h2>

Later this year Fitzroy North will welcome its first fossil-fuel-free apartment development with the recent approval of a boutique mixed-use building on St Georges Road.

Second Nature Developments is behind the unique project that features 21 dwellings and three retail tenancies across a part two-level, part six-level development.

<img alt="First look: Approval secured for new fossil fuel-free Fitzroy apartment development" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-05-22%20at%204.17.25%20am.png?VersionId=Ny54GyIyU8s5nV_Sb298zLnN8ptNcm5X" />

The building will sit across 197-201 and 203-205 St Georges Road, a 989 sqm block near Edinburgh Gardens.

Austin Maynard Architects are behind the designs for the new project which will have 17 apartments two and three-bedroom apartments and four double-storey townhouses to the western side of the building.

Project by Buxton Director Heath Thompson will be marketing the development.&nbsp;

<h2>Who: Wickton</h2>

<h2>What: Seven apartments above retail and offices</h2>

<h2>Where: 387-403 Malvern Road, South Yarra</h2>

Property developer <a href="/developers/wickton">Wickton</a> is continuing to move fast in Melbourne's development space.

Wickton, led by Blanco Norton and architect Will Leaf, will be taking to market their mixed-use development in the Hawksburn Village precinct, on the border of South Yarra and Prahran.

Leaf’s architecture practice <a href="/architects/ewert-leaf">Ewert Leaf</a> redesigned the plans to create seven two and three-bedroom luxury apartments above a vibrant ground floor retail with premium hospitality and retail spaces that will anchor three levels of strata offices.

<img alt="First look exclusive: Wickton look to South Yarra for latest mixed-use development" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-04-23%20at%2010.49.55%20am.png?VersionId=vAFBrjQB3nIdlo6ep0roVh2Se0zTQl6L" />

The designs were altered from the previous plans so the floorplates expanded, which meant the apartments sat above the building's large privacy screens and the adjoining buildings so both levels of apartments take in uninterrupted views across Melbourne and back to the city skyline.

Wickton is expecting to start demolition of the bottle shop and adjoining commercial building on the site later this year and start the build in early 2025.&nbsp;

<h2>Who: Sun Property Group</h2>

<h2>What: 18 apartments by Cera Stribley</h2>

<h2>Where: 226-228 Williams Road, Toorak</h2>

National apartment developer <a href="/developers/sun-property-group">Sun Property Group</a>&nbsp;(SPG) is continuing its push into Melbourne with their second project in the city's most affluent postcode.

SPG's latest development, on a double block at 226-228 Williams Road in Toorak, will comprise 18 apartments in a three-level building designed by&nbsp;<a href="/architects/cera-stribley-architects">Cera Stribley</a>. There will be a&nbsp;mix of 10 two-bedroom apartments, four three-beds, and four penthouses on offer.

<img alt="SPG" data-entity-type="file" data-entity-uuid="c4766722-ccb6-479c-af46-eea637d2389e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-06-27%20at%205.21.13%E2%80%AFPM.png?VersionId=Z8ItfTh4zF5B3dgJAmFRugfGZrTtXPVw" />

"This intersection seamlessly blends the charm of <a href="/new-apartments/toorak-vic-3142">Toorak</a>’s leafy streets, Prahran’s urban lifestyle, and South Yarra’s cosmopolitan atmosphere," Cera Stribley said in their submissions to the local council.

The new development is around&nbsp;500 metres away from SPG's debut Melbourne development, The Brookville.

<h2>Who: Ondas</h2>

<h2>What: Shoptop development with 16 apartments</h2>

<h2>Where: 3-15 Fitzroy Street, St Kilda</h2>

Billionaire tech entrepreneur Robin Khuda's development arm <a href="/developers/ondas">Ondas</a>&nbsp;will too be planning the launch of their Fitzroy St, St Kilda shoptop development after securing approval earlier this year.

Designed by <a href="/architects/warren-and-mahoney">Warren &amp; Mahony</a>, the $22 million project will encompass 16 apartments, predominantly three-bedders, above 244 sqm of commercial space and 327 sqm of retail space across the four amalgamated sites which will span 3-15 Fitzroy Street, just down the road from Fortis.

<img alt="Robin Khuda's Ondas gets greenlight for $22 million St Kilda apartment development" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-02-28%20at%201.24.37%20pm.png?VersionId=Y.yNxKuhgCRHCgsy_C5UnztOm2rmtwI_" />

In their Urban Context Report submitted to the City of Port Phillip Bay Council, Warren and Mahoney said the apartments are designed as "urban villas".

"The villas are all planned with private open spaces in mind; to host families, friends or colleagues."

The 10 hottest off the plan apartment developments coming to Melbourne in 2024 

Sydney's off the plan apartment market has been buoyant so far in 2024.

The expectation at the start of the year was that there would be a spike in buyer sentiment with more positive news about inflation and interest rates, and buyers would come flooding back into the sector.

It's not quite panned out that way. With a cut likely pushed into 2025 or further, the&nbsp;spike developers and project marketers were forecasting failed to materialize.

That being said, there was plenty of activity in Sydney's off the plan apartment development space, far-reaching across the whole of the city.

Records were broken in Bondi Beach, while huge, suburb-shaping precincts are being delivered by <a href="/developers/sekisui-house-australia?referrer=Sekisui%20House%20Australia">Sekisui House Australia</a> in <a href="/developments/norwest-nsw-2153">Norwest</a> and Deicorp in the Hills District.

Lendlease completed One Sydney Harbour in Barangaroo, home to Australia's most expensive piece of real estate (a $140 million, three-level penthouse). Aqualand also&nbsp;<a href="/news/nsw/aqualand-officially-opens-landmark-north-sydney-apartment-development-aura-by-aqualand">welcomed buyers</a> to its flagship North Sydney apartment development, AURA by Aqualand.

<a href="/developers/top-spring-australia">Top Spring Australia</a>, as well as First Quadrant and Qualitas, have enjoyed success at each of their respective multi-stage developments. Top Spring's <a href="/new-apartments/the-newlands-st-leonards-21-41-canberra-avenue-st-leonards">The Newlands</a> continues to break records in <a href="/new-apartments/st-leonards-nsw-2065">St Leonards</a>, while First Quadrant and Qualitas quickly sold out the first stage of their <a href="/new-apartments/willoughby-grounds-5-walter-street-willoughby">Willoughby Grounds</a> project, breaking apartment sale prices for the area in the process.

Developers are now waiting on the weather, preparing their marketing material during winter, waiting to push the go button come September and get their projects in market for the famous spring and summer selling seasons Sydney so famously enjoys.

We've taken a look at the best to come for the rest of 2024.

<h2>Who: Clutch</h2>

<h3>Where: 135 – 155 Curlewis St, Bondi Beach</h3>

<h3>What: Avra, Bondi Beach - 18 luxury apartments above retail</h3>

Clutch is set to make a big splash in the Eastern Suburbs market later this year.

As they approach completion of their luxury Bellevue Hill apartment developer MIRA Bellevue Hill, Clutch will launch <a href="/new-apartments/avra-bondi-beach-141-155-curlewis-street-bondi-beach-nsw-2026">Avra</a> just 18 luxury apartments at 141-155 Curlewis Street, about 150 metres from Campbell Parade.

<img alt="Clutch Bondi" data-entity-type="file" data-entity-uuid="4d98c3f3-cb6f-4955-a341-f29c2626d96c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-15%20at%2011.42.12%E2%80%AFAM.png?VersionId=TSVxw6x4qCOMpQsjBD48HoIAfxiUNiK3" />

Each of the apartments, designed by PBD and with interiors by Woods Bagot, will have three bedrooms, except the sprawling four-bedroom penthouses. Apartment sizes start from over 170 sqm.

The apartments will sit above three new retail tenancies.

<h2>Who: Clutch&nbsp;</h2>

<h3>Where: 440 Edgecliff Road, Edgecliff</h3>

<h3>What: Margaux, Edgecliff - Eight luxury apartments</h3>

Clutch is planning to go back to back in the affluent East. They're looking at launching Margaux, another luxe development in Edgecliff, around the same time as Avra.

<a href="/new-apartments/margaux-edgecliff-440-edgecliff-road-edgecliff">Margaux</a> will comprise just eight three-bedroom apartments, not far from Woollahra Village.

<img alt="Margaux" data-entity-type="file" data-entity-uuid="272a4640-8866-4260-93ca-5e1c2a2c8657" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-15%20at%2011.42.28%E2%80%AFAM.png?VersionId=yHTJjKzl.ECr4sVW7LvFoxeOzc2irTkc" />

There's a huge focus on the interiors at Margaux. <a href="/developers/clutch-capital">Clutch</a> has used Decus, a local interior design firm who has an enviable portfolio working on some of Sydney's finest homes. Margaux will be the first ever mutli-residential off the plan apartment development Decus has worked on.

On offer will be four full-floor, penthouse-style apartments and four split-level apartments, each extending onto generously sized balconies or terraces, positioned to flow from primary living spaces and take advantage of the site's northernly aspect.

A communal open space will include a pool, lounge and outdoor seating. CBRE is marketing both Avra and Margaux.

<h2>Who: Abadeen &amp; PERIFA</h2>

<h2>Where: Putney</h2>

<h2>What: Putney Wharf Residences - 49 apartments, 18 townhouses, and a 36-berth marina</h2>

Fabrizio Perilli's&nbsp;<a href="/developers/perifa">PERIFA</a> is partnering up with Justin Brown's&nbsp;<a href="/developers/abadeen-group">Abadeen</a> to create a new waterfront precinct in <a href="/new-apartments/putney-nsw-2112">Putney</a>, intending on creating a premium mixed-use development on the harbour.

<img alt="Abadeen" data-entity-type="file" data-entity-uuid="a8a03994-4959-491f-b60e-936f5937f237" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-15%20at%203.47.08%E2%80%AFPM.png?VersionId=xr3_247oqqBhLhYeuipQEukP4bz1X736" />

The project, <a href="/new-apartments/putney-wharf-residences-20-waterview-street-putney">Putney Wharf Residences</a>, spans 15,870 sqm and includes the refurbishment of Halvorsen's boatshed to create a waterfront dining and commercial area, two three-level apartment buildings with 49 one, two and three-bedroom apartments, and 18 four-bedroom townhouses.

Part of the offering development will see 36 new marina berths created.

Joe Tack, Abadeen's Chief Operating Officer, sees the project as a rare opportunity to regenerate a significant infill site with 300 metres of waterfrontage.

<h2>Who: Fortis</h2>

<h3>Where: Onslow &amp; Billyard Avenue, Elizabeth Bay</h3>

<h3>What: Regency House - 22 luxury apartments</h3>

Luxury developer&nbsp;<a href="/developers/fortis" target="">Fortis</a>&nbsp;is set to develop its first project in&nbsp;<a href="/developments/elizabeth-bay-nsw-2011">Elizabeth Bay</a>.

Regency House will home 22 apartments across two buildings that will front two of Elizabeth Bay's best streets, Onslow and Billyard Avenue.

<img alt="Fortis" data-entity-type="file" data-entity-uuid="9647bb82-808b-4436-81ef-849d0573208d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-12%20at%209.07.32%E2%80%AFAM.png?VersionId=Cbbu7DLIGQEkX74O5N_SdRufhxzREv.T" />

The two strikingly distinctive buildings by Smart Studio will have three two-bed apartments, 18 three-beds, and sole four-bedroom apartment.&nbsp;

Private rooftop terraces for the penthouses of 10 Onslow and 21C Billyard will have barbecue and lounge areas and private pools.

<h2>Who: Deicorp</h2>

<h2>Where: 33 Hope Street, Melrose Park</h2>

<h2>What: Melrose Central - 494 apartments above mixed-use precinct</h2>

Busy Sydney developer <a href="/developers/deicorp?referrer=Deicorp">Deicorp</a> is turning a 55-hectare patch of dirt just outside of Parramatta into a full mixed-use community.

Deicorp, who are teaming up with fellow developer <a href="/developers/payce-consolidated-limited">PAYCE</a> on the huge $700 million project dubbed <a href="/new-apartments/melrose-central-melrose-park-33-hope-street-melrose-park-nsw-2114">Melrose Central</a>, engaged Turner Architects to draw up the plans.

<img alt="Melrose" data-entity-type="file" data-entity-uuid="5810a2d4-f501-4d62-9ede-21463d04b2b1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-15%20at%202.25.43%E2%80%AFPM.png?VersionId=7Zsxhf6dxCC4fcl52asIzy0B2q3PTVOJ" />

<a href="/new-apartments/melrose-central-melrose-park-33-hope-street-melrose-park-nsw-2114">Melrose Central</a> will see 494 apartments built across six buildings, above commercial, retail, and medical tenancies at street level and in the podium.

Melrose Central will feature a major supermarket and several&nbsp;specialty stores, as well as outdioor dining spaces and health and wellness facilities. It will be well-connected to the rest of Sydney with the second stage of the&nbsp;Parramatta Light Rail to run right outside.

<img alt="Melrose" data-entity-type="file" data-entity-uuid="960ab82c-f0aa-4656-90de-e16770ff6179" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-15%20at%202.26.21%E2%80%AFPM.png?VersionId=rANByiL20Ao1YGNNUuyU.i_3dq8S_dsG" />

<h2>Who: DASCO</h2>

<h3>Where: Waterloo&nbsp;</h3>

<h3>What: Mixed-use precinct with 373 apartments and 17 retail spaces</h3>

Builder developer DASCO is looking to launch their recently acquired Waterloo masterplan.

<a href="/builders/dasco-australia">DASCO</a>, a 4.5-star iCIRT-rated builder, secured a 1.7-hectare site at 903-921 Bourke Street, a former industrial site on the corner of Bourke, McEvoy and Young streets, from Melbourne developer Dahua earlier this year.

It was sold with&nbsp;development approval for a new mixed-use precinct with around 370 apartments and retail and commercial spaces.

<img alt="Exclusive: DASCO secure Waterloo mixed-use development from Dahua Group" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-04-03%20at%209.02.48%20am.png?VersionId=0oXgeER5QqAkDglZlmWTmfB120pERqTn" />The plans submitted by Dahua Group in 2022

The six new buildings, not including the two heritage-listed buildings that will be restored, will be focused around a central plaza with retail space and new parks&nbsp;with lush landscaping and multiple public art installations.

Two buildings will flank Young Street, one being the tallest tower proposed. Described as a stepped tower with family-targeted terraces that address the park, the building will have 147 apartments across its 20 levels.

Next door will be a six-storey plaza building with 23 apartments, defined as "quirky" by Bates Smart, while along Young Street there will be two other buildings, one with 21 apartments and the other with 32 apartments, designed by Richards and Spence who worked in collaboration with Bates Smart on the tower and the plaza.

<img alt="Exclusive: DASCO secure Waterloo mixed-use development from Dahua Group" 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://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-02-02_at_8.01.25_am.png" />The plans submitted by Dahua Group in 2022

"The quirky 6-storey plaza building defines the heritage square, with clear reference to the industrial brick buildings of the past," the design statement as part of the 2022 development submission noted.

There will be a further two buildings facing Bourke Street, designed by architect MHNDU in collaboration with Fieldwork. They will have a combined 150 apartments, taking the total number of apartments across the precinct to 373 apartments.

<h2>Who: Orosi</h2>

<h3>Where: 1 The Avenue, Rose Bay</h3>

<h3>What: 50 luxury apartments next to Royal Sydney Golf Club</h3>

Eastern Suburbs developer <a href="/developers/orosi">Orosi</a> is taking on its largest project to date, which will also be one of the largest the affluent Rose Bay has seen in years.

The integrated developer, who serves as both the architect and builder of its projects, will be <a href="/new-apartments/orosi-rose-bay-1-the-avenue-rose-bay">launching the new development</a> in the coming months, some 50 two and three-bedroom apartments&nbsp;across a structure that ranges from four to five levels.

There will be 34 two-bedroom apartments and 16 three-bed apartments.

<img alt="First look exclusive: Orosi plan Rose Bay shoptop on key gateway site" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-06-19%20at%2011.09.02%E2%80%AFAM.png?VersionId=t.b8xaySLGRrwkYlGmrxHdsEI41l7Ub1" />

Orosi,&nbsp;led by Founder and Managing Director Hamid Samavi, secured the vast 3,000 sqm gateway site, a two year-long amalgamation of several lots over The Avenue,&nbsp;<a href="/buildings/dusk-625-627-old-south-head-road-rose-bay">Old South Head Road</a>&nbsp;and William Street, last year.

The building,&nbsp;across the road from the Royal Sydney Golf Club, will be divided into two adjacent, inter-connected buildings to reduce its overall bulk, setting back the development from The Avenue and William Street boundaries.

"The apartments are on the larger side, so they will suit a wide range of demographics, not just downsizers,"&nbsp;Samavi told Urban, adding that&nbsp;the vision is to create an iconic landmark that serves as a welcoming gateway to&nbsp;<a href="/new-apartments/rose-bay-nsw-2029">Rose Bay</a>.

"OROSI&nbsp;<a href="/new-apartments/rose-bay-nsw-2029">Rose Bay</a>&nbsp;will set a new benchmark for architecture and sustainability in The Eastern Suburbs, featuring state-of-the-art facilities and curated retail spaces, including a Kosher café, an organic restaurant, and Sydney’s most iconic wellness centre," Samavi said.

<h2>&nbsp;Who: Level 33</h2>

<h3>Where: 19-21 Bourrool Street, Kiama</h3>

<h3>What: 21 luxury three-bedroom apartments&nbsp;</h3>

Prominent Wollongong developer <a href="/developers/level-33">Level 33</a> will be launching its first development in Kiama.&nbsp;

PBD designed the four-level building with just 15 apartments above two levels of basement parking at <a href="/new-apartments/19-21-bourrool-street-kiama">19-21 Bourrool Street</a>, at the south end of the Kiama Surf Beach.

The proposed residential flat building is designed to respond cohesively to the existing and desired future character of the neighbourhood streetscape with appropriate build form and material palette that respond thoughtfully to the immediate context.

<img alt="Level 33" data-entity-type="file" data-entity-uuid="3d2a4a8a-4c84-4ce1-8718-6ad7cc9d9380" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-12%20at%201.08.49%E2%80%AFPM.png?VersionId=U_XEy9g2y4nMgaEDvhrlsMFOSimR38hC" />

The 15 three-bedroom apartments are inline with the apartment sizes within the area, architect PBD suggests. They said the proposal reflects current market demands in relation to typologies and living patterns in the local area.

They have another project in Kiama, having acquired the Akuna St car park for $28 million last year. They’re planning a shoptop development with 82 apartments above a retail precinct with 24 tenancies, two major supermarkets, and 344 basement car parking spaces.

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