<a href="https://www.urban.com.au/developers/far-east-consortium">Far East Consortium</a>’s 640 Bourke Street stands as a testament to&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic-3000">Melbourne</a>’s ability to bridge its storied past with a bold vision for the future.&nbsp;

Rising above the heritage-listed Eliza Tinsley building, the development reflects a broader shift toward adaptive reuse in the city, where historical assets are retained and reinterpreted as part of new residential development.

Designed by <a href="https://www.urban.com.au/architects/rothelowman">Rothelowman</a>, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> incorporates the Eliza Tinsley building as its foundation, housing a grand gallery and lobby space that serve as both a functional and symbolic centrepiece. The heritage façade informs the tower’s design, creating a connection between Melbourne’s past and its contemporary skyline.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=365684]

Above this historic base, the 68-storey tower will deliver just over 600 residences, a notable reduction from earlier schemes, reflecting a deliberate move toward larger-format apartments and a stronger owner-occupier focus.

Unlike traditional CBD developments that prioritised investor stock, 640 Bourke Street has been repositioned to respond to changing buyer expectations.

"The discussion was all around making 640 Bourke Street the best residence to live in, to be much more focused on the people in the building rather than people looking at the building," Marsland explained.&nbsp;

This shift is evident in the development’s interiors, which emphasise practical luxury with spacious layouts, high ceilings, and floor-to-ceiling windows framing sweeping views of Melbourne and Port Phillip Bay.&nbsp;

“What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Lauren Sheldon, Far East Consortium’s Director of Sales and Marketing, said.&nbsp;

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Rothelowman Associate Jun Chang added, "We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."&nbsp;

Amenities spanning more than 3,000 sqm across multiple levels further reinforce this focus on resident experience. These include a pool, gym, co-working areas, and a range of hospitality-inspired spaces such as a whisky lounge, library, and private dining rooms, many drawing reference from traditional bathhouses and Melbourne’s laneway culture.

"We wanted to make both the pool and the gym area to be absolutely destinational, and when you traverse across to these spaces, there is a gentle familiarity to the beautiful notions of the hammams and the Roman baths, a gentle nod to history," Chang noted.

At street level, the project contributes to the ongoing transformation of the western CBD, with upgrades to Langs Lane and the introduction of retail, hospitality, and gallery spaces designed to activate the precinct and strengthen its connection to the surrounding city fabric.

[smartcode_project:default project_id=509 project_image_fid=365689]

The location places residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market, and the Docklands waterfront, positioning the development within a rapidly evolving inner-city neighbourhood.

"We believe it's the best site left in the city of Melbourne," Craig Williams, Executive Director at Far East Consortium, said.&nbsp;

640 Bourke Street is Far East Consortium’s 14th building in Melbourne’s western CBD.

"A very elegant designed building. It's going to be a Melbourne statement for many, many years to come."

One-bedroom apartments are priced from around $640,000, with 640 Bourke Street targeting completion in 2029.

Renders shown are Artist's Impressions correct as of May 2026.

[smartcode_project_cta:default project_id=509]

Joel Robinson

Heritage-led design anchors Far East Consortium’s 640 Bourke St, Melbourne

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

[smartcode_project:default project_id=146358 project_image_fid=323057]

The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

[smartcode_project:default project_id=146358 project_image_fid=323055]

Each residence has been configured with four bedrooms, multiple living zones, a private office, and expansive ocean-facing terraces. Interiors draw on a restrained material palette, including travertine stone, timber joinery, and integrated premium appliances.

Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.

“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”

Residents will have access to a suite of wellness-focused amenities, including pools, sauna facilities, and dedicated relaxation spaces, reflecting a broader shift toward lifestyle-driven apartment design on the Gold Coast.

[smartcode_project:default project_id=146358 project_image_fid=323052]

The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

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MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

Apartment developers in the Gold Coast are finding new, creative ways to differentiate themselves from competing projects, as new supply starts to flow through up and down the Coast.

Developer BIG Projects brought in the renowned Sydney-based design studio YSG Studio to craft the interiors for The Frederick, BIG Projects' new Mermaid Beach project and YSG Studio's first move into the multi-residential development space.

[smartcode_project:default project_id=110588 project_image_fid=5346]

It was a strategic move for BIG Projects to bring in a Sydney eye to the development.

“Our role is to give our design partners the space and freedom to explore,” says Matt Barrett, Director of BIG Projects.

“We wanted YSG Studio to capture the essence of Nobby’s, to design a building that embraces life, light and connection, while creating a genuine sense of place.”

There are only 39 apartments in The Frederick, including a striking beach house, just 100 metres from the booming Nobby Beach precinct.&nbsp;

[smartcode_project:default project_id=110588 project_image_fid=5347]

Yasmine Ghoniem, Director of YSG Studio, says their vision&nbsp;for The Frederick "reinvents coastal living."

“Nobby’s has such an iconic energy, it’s one of those rare pockets of the Gold Coast where the community, the beach, and the streets all feel connected,” Ghoniem says.

"Responding to the neighbouring coastline, soothing curves add a relaxing regional overlay, while unique detailing really sets it apart. It’s a place that feels lived in from the moment you step inside.”

A standout feature of The Frederick is its rooftop terrace, an uncommon inclusion for a boutique, low-rise building, where amenity is typically concentrated at ground level.

[smartcode_project:default project_id=110588 project_image_fid=5360]

Positioned to capture panoramic views from the hinterland to the ocean, the rooftop has been designed as a series of intimate zones. It includes a pool, sauna, sun decks, workspaces and dedicated entertaining areas.

“The rooftop was conceived as a collection of spaces where residents can unwind and connect, an extension of the Nobby’s lifestyle,” Barrett says.

Architecture for the project was led by Plus Studio, with landscape design by LDG Landscape Architecture.

SRQ Projects Director Nick Clydsdale, who is handling sales at The Frederick, says the majority of enquiry is coming from South East QLD and Victorian buyers who have been actively searching between Broadbeach and Mermaid Beach for some time.

"They’ve reviewed a number of projects, however this one has stood out for its unique detailing and compelling design,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. BIG Projects is targeting a late 2027 completion.

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Sydney’s YSG Studio makes Gold Coast multi-residential debut with BIG Projects at The Frederick

Melbourne-based property developer ALTA Property has this week achieved planning approval for the adaptive re-use of a former commercial tower into a $200 million, 169-apartment project at 10 Queens Road, one of the last developable sites along the Albert Park Lake-fronting boulevard.&nbsp;

Set within one of Melbourne’s most sought-after precincts and designed by <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser and Partners</a>, the illustrious building will offer unparalleled views across Albert Park Lake, Port Phillip Bay and Melbourne CBD.&nbsp;

The mix of 1, 2 and 3-bedroom residences will be complemented by a ground-floor amenity featuring private dining, a lounge bar, gym and wellness spaces, co-working, outdoor communal gardens, and retail.&nbsp;

The 17-storey building is a masterclass in adaptive re-use, with the existing commercial building’s façade, shell and internal structure to be retained, before high-end residences are built from the ground up in a newly built Albert Park facing addition to the building.&nbsp;

Sitting atop the building will be two 320+sqm penthouses with private rooftop terraces, which are expected to be priced between $9 - $11 million.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="aa11211b-5581-43f9-940c-fc84d30a0e61" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/C_04.png?VersionId=Yhf5p_1EgGDu_zOIMFgvA8Ug8j3sTFQs" />

Architecturally, the building will feature a curved, geometric façade that celebrates and elevates the existing structure, with warm, muted tones which were selected to extend the materiality of the existing building rather than contrast it.&nbsp;

Interiors will bring together three metre high ceilings with waffle concrete in some spaces, natural timber, granite and Australian materials, culminating in crafted, generous and considered spaces that are defined by authenticity.&nbsp;

The adaptive re-use means that the Queens Road project will be a sustainability led, high-quality finished product, with a 62% saving in carbon emissions by re-using the existing structure rather than knocking it down and rebuilding.&nbsp;

ALTA Property was launched by Nigel Givoni in 2023, bringing over 25 years of experience in multi level residential delivery.&nbsp;

Melbourne’s property market growth is currently led by apartments. According to RPM VIC Apartments &amp; Townhomes Market Report (April 2026), units are outpacing houses, especially in the middle ring suburbs where median prices hit $757,500 – a four-year high that represents 2.9 percent growth quarter-on-quarter.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="647e13d7-b4bc-433a-9bc9-fe3c3dd4f2ec" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/V_06.png?VersionId=ou4NUCWUgA3NAy.6CQJlEdKX50j3dOk6" />

For ALTA Property Founder Nigel Givoni, this performance speaks to the confidence he has in the Melbourne market.&nbsp;

“Queens Road represents a rare opportunity to continue to shape our presence in the Melbourne market.,"&nbsp;Givoni says.

"With a considered project team and a premier site along one of the city’s most sought-after boulevards, we look forward to contributing to the fabric of this established address.

“Other Australian markets are getting a lot of attention, but I believe the depth of value in Melbourne is being overlooked. The fundamentals are strong, population growth is steady and, based on our preliminary conversations with a leading builder, construction costs are beginning to normalise, creating further opportunity."

Givoni says the project is a&nbsp;highly considered example of adaptive re-use, delivering quality, high-end residences, premium hotel-inspired amenities and an architecturally striking façade, all achieved without the need to remove the existing structure.

"We are really looking forward to the market’s response,” he said.&nbsp;

ALTA Property to deliver $200 million Queens Road apartment tower

Construction is set to begin at <a href="https://www.apartments.com.au/new-townhouses/orchard-mews-glen-iris-18-scott-grove-glen-iris-vic-3146">Orchard Mews</a> in Glen Iris, with&nbsp;PC Whitehall &amp; Sons&nbsp;now appointed as the townhome development moves into its next phase.

The development by&nbsp;<a href="https://www.apartments.com.au/developers/montcoeur">MontCoeur</a>,&nbsp;located at 18 Scott Grove, is now around 30 per cent sold, with completion targeted for late-2027.

Orchard Mews comprises a curated collection of three- and four-bedroom customisable townhomes, positioned within one of <a href="https://www.apartments.com.au/developments/glen-iris-vic-3146">Glen Iris</a>’ more tightly held residential streets. The low-density project has been designed by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jack-merlo">Jack Merlo</a>, bringing together a team known for high-end residential projects across Melbourne.

[smartcode_project:default project_id=150128 project_image_fid=366285]

The development is defined by its focus on flexible living and long-term usability. Each residence includes multiple living zones and a customisable multipurpose room, allowing buyers to tailor spaces to suit changing needs, whether as a home office, additional bedroom, wellness area or entertainment space.

Architecturally, the townhomes emphasise natural light and spatial volume, with dual-aspect layouts and double-height living areas incorporated into the design. Interiors feature natural stone benchtops, premium appliances, and a neutral material palette intended to support everyday functionality rather than statement-driven finishes.

All residences are all-electric and include private lifts and secure double garages, reflecting a broader shift toward sustainability and future-focused housing in Melbourne’s established suburbs.

[smartcode_project:default project_id=150128 project_image_fid=366277]

Outdoor connections are also central to the offering, with a mix of private courtyards and terraces extending internal living spaces and integrating with the landscaped surrounds.

The Scott Grove address places Orchard Mews within close proximity to some of Melbourne’s key lifestyle and education amenities, including Scotch College, Sacré Cœur, Cabrini Hospital and the retail hub of Chadstone. Public transport access is also nearby, with trams and Gardiner Station providing connectivity to the CBD and surrounding suburbs.

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Construction to commence at luxury Glen Iris townhome project, Orchard Mews

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?

Boutique property developer Kervale's completed Brighton apartment development, ESSENCE, has only one penthouse remaining.

The remaining penthouse is part of <a href="/buildings/essence-brighton-66-70-black-street-brighton">ESSENCE</a>'s Lux Living Collection, which includes four penthouses ranging from 200 sqm to 400 sqm with outdoor areas.

The available penthouse features a modern open-plan living space extending to a spacious terrace for outdoor entertaining.&nbsp;

[smartcode_project:default project_id=112893 project_image_fid=204990]

The interior includes a marble kitchen with an island bench and a master suite featuring a walk-in robe and an ensuite with a bathtub.&nbsp;

Secure car parks and a private storage room complete the unit.

Designed by the renowned <a href="/architects/bruce-henderson-architects">Bruce Henderson Architecture &amp; Interiors</a>, ESSENCE comprises 22 completed apartments spread across two distinct wings divided by a central courtyard.

The development includes 18 two or three-bedroom apartments with two bathrooms and two car parks, while the upper penthouse has four bedrooms and the remaining boasts three bedrooms, three bathrooms and three car parks.&nbsp;

<a href="/developers/kervale">Kervale</a> has smashed the <a href="/developments/brighton-vic-3186">Brighton</a> price record for selling the four-bedroom penthouse off-the-plan within its ESSENCE project for $10.2 million, equating to a whopping $22,000 sqm rate.&nbsp;

“The four-bedroom penthouse is the jewel in the crown, it has all the elements often reserved for an expansive house and truly is the epitome of luxury living in Brighton,” Kervale Sales Director Michael Ryan said.&nbsp;

Kervale Development Director, Stephen Horn said the sales were evidence the luxury apartment market is still thriving.&nbsp;

“The Brighton market is still thriving with buyers eager to capitalise on the limited new quality-focused stock hitting the market,” Horn said.&nbsp;

“ESSENCE offers a number of unique factors and features not available in nearby developments and the boutique nature of the project is highly appealing. This has led to a varied buyer demographic, ranging from young professionals to downsizers.”

[smartcode_project:default project_id=112893 project_image_fid=204989]

Located beneath the ground floor is a secluded set of amenities, including a private residents' area with a wine cellar, residents lounge area, private dining room, kitchenette, billiards table, and private gym and yoga studio.

Graham Morrison, Managing Director and Corporate Director of Bruce Henderson Architects, said the amenities on offer are reminiscent of a 6-star hotel.

“The idea behind the design was to be able to provide people with large homes to be able to downsize but still have the facilities they’re used to. In some cases they haven’t experienced this level of comfort before,” Morrison said.

In the parking area, amenities such as electric vehicle charging points, pet grooming facilities, bicycle storage, golf club lockers, and a car washing station make ESSENCE living unparalleled in terms of convenience.

[smartcode_project_cta:default project_id=112893]

Designed by the renowned Bruce Henderson Architecture & Interiors, ESSENCE comprises 22 completed apartments spread across two distinct wings divided by a central courtyard

One penthouse remaining in ESSENCE Brighton

Local Brisbane developer&nbsp;JGL Properties has completed its luxury Kangaroo Point apartment development, <a href="/buildings/thornton-11-thornton-street-kangaroo-point">Thornton</a>.

Recently delivered by&nbsp;<a href="/builders/hutchinson-builders">Hutchinson Builders</a>, Thornton is a 14-level residential building comprises just 16 full-floor, north-facing riverfront apartments at 11 Thornton Street, Kangaroo Point.

Simon Caulfield at Place Kangaroo Point secured the sell-out of all the apartments prior to completion.

<img alt="JGL Properties completes Thornton, Kangaroo Point" data-entity-type="file" data-entity-uuid="94a981e9-b744-4dbc-981d-67779b73e178" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Thornton%20living.jpg?VersionId=75d615B5IlVxHRTglb2Ua37le0lq8PNF" />

Designed in a collaborative effort involving <a href="/architects/bureauproberts">Architect Liam Proberts</a>, chef and restaurateur Thierry Galichet, gallerist and curator Phillip Bacon AO and artist Ralph Wilson, Thornton's contemporary glass tower and interiors combine functionality with aesthetic appeal.

Each unit within Thornton is designed for optimal cross-flow ventilation, facilitated by operable edges, and a façade made from insulated glass panels.&nbsp;

The panels create a fluid exterior that provides both shelter and airflow to the interior, while a glass frit adds density and shade, echoing Brisbane’s traditional veranda design.

<img alt="JGL Properties completes Thornton, Kangaroo Point - panels" data-entity-type="file" data-entity-uuid="4ac24ec0-9233-4772-af5b-60655e437d06" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Thornton%20bedroom.jpg?VersionId=4aJXd63VOPgPF4LJmd_gZte53sXUh663" />

Thornton is located on the final riverside address at <a href="/developments/kangaroo-point-qld-4169">Kangaroo Point</a>, offering 33 metres of direct Brisbane River and park frontage, where residents can enjoy panoramic views spanning from the Botanic Gardens, across the city skyline, to the Story Bridge.

The development is within walking distance of the new Kangaroo Point Pedestrian Green Bridge, Woolworths, cafes, and Queen's Wharf.&nbsp;

Thornton is also directly connected to riverfront walkways and bikeways, with the Thornton Street ferry terminal offering transit to New Farm, Teneriffe, Howard Smith Wharves, the city centre, QPAC, and South Bank.&nbsp;

Leading educational institutions such as Anglican Church Grammar School, Somerville House, and All Hallows' are also nearby.

[smartcode_project:default project_id=9018]

Thornton was designed in a collaborative effort involving Architect Liam Proberts, chef and restaurateur Thierry Galichet, gallerist and curator Phillip Bacon AO and artist Ralph Wilson

JGL completes Thornton, Kangaroo Point apartments

The City of Sydney has approved the development application for Toohey Miller's new apartment project on Liverpool Street, Darlinghurst.&nbsp;

The development will deliver 14 two and three-bedroom units to the market, marking the second collaboration between Toohey Miller and renowned architectural firm <a href="/architects/woods-bagot">Woods Bagot</a>.

The seven-storey building on a 685 sqm site at 379 Liverpool Street will sit in the heritage-rich environment of <a href="/developments/darlinghurst-nsw-2010">Darlinghurst</a> and will offer panoramic views of the Sydney skyline, including landmarks such as the Harbour Bridge and the Opera House.&nbsp;

The project aims to integrate seamlessly with the architectural character of the area, drawing on the heritage fabric of the surrounding streetscape.

<img alt="Toohey Miller to build art-deco apartments on Darlinghurst heritage-conservation 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/inline-images/Screen%20Shot%202022-09-06%20at%2010.56.31%20am.png?VersionId=DTvy.fB6J_khIJ2C.0OvkjVbx7qQadIr" />

&nbsp;

Two apartments will sit across each floor, spanning from 95 sqm to 150 sqm, with the level six apartments benefiting from a private rooftop terrace with a plunge pool and seating.&nbsp;&nbsp;

In keeping with surrounding roof terraces, the proposal celebrates the crowning space with a communal resident’s space, complete with dining and seating space in addition to the covered amenity space across the ground level.&nbsp;

<img alt="Toohey Miller to build art-deco apartments on Darlinghurst heritage-conservation 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/inline-images/Screen%20Shot%202022-09-06%20at%2011.06.37%20am.png?VersionId=.fJls1JT0hU5e6l3__v4EpvIXarzJPW1" />

The building palette is derived from the site through native planting, sandstone materiality, and detailing reminiscent of the original buildings that surround it. Dangar Barin Smith is handling the landscaping.

It's been two application approvals in two weeks for <a href="/developers/toohey-miller">Toohey Miller</a>, led by Nick&nbsp;Couloumbis. Earlier this month they got the green light for their boutique Elizabeth Bay apartment development,&nbsp;<a href="/new-apartments/barncleuth-square-elizabeth-bay-4-4a-barncleuth-square-elizabeth-bay-nsw-2011">Barncleuth Square</a>. That will have just&nbsp;10 large owner-occupier apartments designed by SJB with views over Ruushcutters Bay.

It follows on from Toohey Miller's debut Elizabeth Bay project, <a href="/new-apartments/no-1-onslow-place-elizabeth-bay-1-onslow-place-elizabeth-bay">No.1 Onslow Ave</a>, which is now under construction.

It's been two application approvals in two weeks for Toohey Miller, led by Nick Couloumbis

Toohey Miller greenlit for Liverpool Street, Darlinghurst apartment development

Prominent Lower North Shore developer <a href="/developers/winim">WINIM</a> has filed plans for its next project.

It's planning a 42-apartment development in <a href="/new-apartments/lane-cove-nsw-2066">Lane Cove</a>, on a near-3000 sqm site across 1 Gatacre Avenue &amp; 1-5 Allison Avenue, a site they secured in 2021 for around $25 million.

The boutique building designed by <a href="/architects/pbd-architects">PBD Architects</a>, near the border of Artarmon, will replace an old three-level motel.

PBD said in their Design Report submitted to the Lane Cove Council the proposal seeks to sit in harmony with the existing context and also the newer developments that are arising in the nearby area, adding to and not diminishing the existing character.

"The architectural expression of the proposal seeks to find a balance between the existing neighbourhood character and to create a fresh new contemporary development that will bring great comfort, sanctuary and harmony to its occupants and also to the greater community and neighbourhood.

"Massing and façade details are designed to respond to both the desired character of the area and the existing context."

<img alt="PBD" data-entity-type="file" data-entity-uuid="e9d557f3-67c5-4916-865b-4f63215ae54f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-16%20at%2011.56.01%20am.png?VersionId=q9vQQ0dnTjNEYbPERYfigXHFzRAk1aDg" />

The building will have 44 units, a mix of six one-bed apartments, 18 two and 18 three-bedrooms, and two townhouses.

PBD says the proposal reflects current market demands to typologies and living patterns currently established in the local area.

Future residents will have access to community amenities found on the ground floor in the form of a cinema room and adjoining wine-tasting room. The building will be surrounded by landscaping by <a href="/landscape-architect/arcadia-landscape-architecture">Arcadia</a>.

WINIM has been busy in 2024, launching four residential projects.

They kicked off the year with <a href="/news/nsw/winim-reveal-huntington-residences-cremorne-luxury-apartment-development">Huntington Residences in Cremorne</a> then <a href="/news/nsw/winim-launch-second-apartment-development-in-2024-as-kl-o-mosman-hits-the-market">Kleo in Mosman</a> before more recently revealing <a href="/news/nsw/launch-alert-lume-gordon-townhouses-mark-winims-third-residential-launch-in-2024">Lume Gordon</a> and two <a href="/news/nsw/first-look-winim-reveal-newcastles-most-expensive-penthouses-atop-parnell-house">record-breaking penthouses in Newcastle</a>.&nbsp;&nbsp;

WINIM has been busy in 2024, launching four residential projects

First look exclusive: WINIM lodge plans for Lane Cove apartment development

<a href="/developers/huon-property-group">Huon Property Group</a> has received approval for their new residential development project in Brisbane's <a href="/developments/stones-corner-qld-4120">Stones Corner</a>.&nbsp;

The approved plans involve constructing a 15-level apartment tower at 22 Cleveland Street, which will consist of 114 apartments. This development is part of Huon's strategy to capitalise on the 2032 Summer Olympics hub in nearby <a href="/developments/woolloongabba-qld-4102">Woolloongabba</a>.

The tower, designed by <a href="/architects/z-architects">Z Architects</a>, will feature a mix of 78 two-bedroom units, including 20 with multi-purpose rooms, 41 three-bedroom units, with 15 also having a multi-purpose room, and ten double-storey sky homes, with the upper-floor sky homes offering private rooftop spaces.

The architectural design gives the appearance of two distinct towers, separated by a central recess on the north-western side.&nbsp;

<img alt="Huon Property Group lodge plans for Stones Corner apartment tower" 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%202023-03-09%20at%202.50.15%20pm.png?VersionId=x2fjUprALIr5DXEETSidSfdvg7Gm0M6H" />

The larger tower form will be located on the eastern part of the site towards Logan Road, while a narrower, more slender form will be on the western part towards Cleveland Street.&nbsp;

The design aims to preserve the original shop front, street entrance, and awning of the commercial character buildings along Logan Road, although parts of these structures will be partially demolished.

Landscaping is a significant aspect of the project, with deep planting and containerised planting above the podium level to enhance the building's breathability and reduce heat load.&nbsp;

These efforts are intended to contribute to the site's subtropical character and microclimate, with additional planting across the rooftop terrace.

The apartments are designed for modern living, featuring open-plan living areas and private balconies with views of the city skyline and surrounding neighbourhoods.&nbsp;

<img alt="Huon Property Group lodge plans for Stones Corner apartment tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-09%20at%202.53.15%20pm.png?VersionId=emi3CU32pRM42mVT4P0nVMa6U02FnL0f" />

The sky homes will have exclusive access to a portion of the rooftop terrace, while the remaining rooftop area will offer communal facilities, including a swimming pool, pool deck, barbecue area, co-working space, cinema, and formal dining room.

Additional communal facilities will be available on the podium level, such as a function room, gym, and communal lounge with terraces.&nbsp;

The development also includes 327 car parking spaces for residents and visitors, distributed across two basement levels, the ground level, and podium car parking areas. A stacker system will be used where possible to maximise space utility.

A proposed cross-block link will provide direct pedestrian access between Logan Road and Cleveland Street, running along the north-western boundary.&nbsp;

This link aims to improve pedestrian connectivity and break up the long stretch of Cleveland Street between Logan Road and the proposed Arcade on the northern boundary of Stones Corner Village.

The development site is located within four kilometres of <a href="/developments/brisbane-qld">Brisbane</a>'s CBD and is close to public transport options, including Stones Corner Busway Station and Buranda Train Station. The area also offers various retail amenities.&nbsp;

Huon Property Group is concurrently developing another project in Oxley, comprising 170 townhouses under the name Arabella.

The architectural design gives the appearance of two distinct towers, separated by a central recess on the north-western side

Huon Property Group secure approval for Stones Corner apartment development

Frasers has unveiled the heart of its $500 million masterplanned community, The Quarry.

The hub of the masterplan,&nbsp;a transformation the 48.7-hectare <a>Keperra</a> Quarry, is the recently completed $5 million resort-style facility ClubQ.

The facility features a 25-metre lap pool with an infinity edge, two further resort-style walk-in pools with an integrated waterfall and a kid's splash and play area, and a private wellness centre featuring a fully equipped gym and meditation room.&nbsp;

ClubQ also has a kitchen, an art gallery and future communal dining space, shared green space, and a sunset deck with sunken levels and built-in seating to capture panoramic views of the local D’Aguilar Range and beyond.&nbsp;

[smartcode_project:default project_id=141197 project_image_fid=228243]

<a href="/architects/rothelowman">Rothelowman</a> Project Leader Megan Schulte said the space had been designed to amplify life at <a href="/new-townhouses/the-quarry-by-frasers-property-1004-samford-road-keperra-qld-4054">The Quarry</a>.&nbsp;

“The built form of ClubQ takes cues from the existing environment and colours, reusing materials mined on site to build a sense of place,” Schulte said.&nbsp;

“Water and earth are celebrated throughout the ClubQ footprint as the lifeforce and heart of everything, &nbsp;even to the imposing 4-metre high, 54-tonne granite boulder that forms part of the building itself.”&nbsp;

“We have truly left no stone unturned to connect these vastly distinct spaces, from reusing site materials &nbsp;including monolithic stone in the spacious kitchen, to subtle touches like the geometry of the footpath and pool &nbsp;edges which resemble the microscopic edges of granite.”&nbsp;

&nbsp;

[smartcode_project:default project_id=141197 project_image_fid=228244]

The entertainment space overlooks a 3.7-metre LED screen and a collection of curated visual storytelling pieces presented as an art gallery that will become a communal dining space for future residents.&nbsp;

A mature Kauri Pine Tree sits front and centre at ClubQ, encased by windows as it seamlessly blends the inside and outside realms, adding natural light for picturesque views and enhanced golden hour scenes all year round.&nbsp;

Scott Ullman, General Manager of Queensland Development at Frasers Property Australia, said the ClubQ brought unique amenities and design aesthetic to a rugged environment.&nbsp;

“As The Quarry transforms over the next decade, ClubQ will become a timeless space for future residents to come together and enjoy social events and recreation long into the future,” he said.&nbsp;

“More than 40 per cent of the community is dedicated to existing bushland and newly curated green space and resident amenities. ClubQ is the heart of the Quarry, and an extension of the residents’ homes.” &nbsp;

&nbsp;

[smartcode_project:default project_id=141197 project_image_fid=228249]

The Quarry will feature a mix of 500 home and land sites, Rothelowman-designed terrace homes, and extensive placemaking.

The existing Keperra Quarry mines granite and will progressively curb operations as the development of the residential stages advances.&nbsp;

&nbsp;

[smartcode_project_cta:default project_id=141197]

The Quarry will feature a mix of 500 home and land sites, Rothelowman-designed terrace homes, and extensive placemaking

Frasers unveil ClubQ at $500 million Keperra Quarry masterplan

National developer&nbsp;<a href="/developers/equire">Equire</a>&nbsp;has started to welcome off the plan apartment buyers into its recently completed Ivanhoe apartment development,&nbsp;<a href="/new-apartments/locale-ivanhoe-1023-heidelberg-road-ivanhoe">Locale</a>.

Construction firm&nbsp;<a href="/builders/balmain-co">Balmain &amp; Co</a>&nbsp;recently finished off the build of the <a href="/architects/dko-architecture">DKO Architecture</a>-designed building at 1023 Heidelberg Road, next to Darebin Station.

The development is home to&nbsp;44 apartments, characterised by open-plan layouts and high-quality finishes, including stone-topped Miele appliances and integrated fridge-freezers.

[smartcode_project:default project_id=8748 project_image_fid=274671]

Each apartment extends onto either a courtyard, terrace or balcony, blurring the lines between indoor and outdoor living, while double glazing and heating and cooling ensure comfort year-round, along with energy efficiency.&nbsp;

Located just nine kilometres from the CBD, residents are strategically placed to take in all the city centre has to offer, along with the best of <a href="/developments/ivanhoe-vic-3079">Ivanhoe</a>, including shops, cafes, restaurants, schools, public transport and lush parklands.

Completed two-bedroom apartments start from $760,000.

[smartcode_project_cta:default project_id=8748]

Locale is home to 44 apartments, characterised by open-plan layouts and high-quality finishes, including stone-topped Miele appliances and integrated fridge-freezers

Equire and Balmain & Co complete Ivanhoe apartment development, Locale

Just two weeks after its official public launch, La Belle&nbsp;Palm Beach, the new luxury apartment development by serial Gold Coast apartment developer Marquee Development Partners, has netted over $100 million in sales.

In a testament to the ongoing strength of the southern Gold Coast market, <a href="/new-apartments/la-belle-palm-beach-332-the-esplanade-palm-beach">La Belle Palm Beach</a> has become the city’s fastest-selling project of 2024, with sales prices ranging from $2.5 million to $7 million.

Marquee Director Jacques Winterburn said the sales reflected an unyielding demand for the rare, absolute beachfront apartments in <a href="/developments/palm-beach-qld-4221">Palm Beach</a> from predominantly southern <a href="/new-apartments/gold-coast-qld">Gold Coast</a> locals.

[smartcode_project:default project_id=102340 project_image_fid=273589]

"It's a remarkable outcome for Marquee, our 11th and most impressive project to date," Winterburn said.

"The response has been overwhelming but expected. To receive over 1000 inquiries before launch underscores the considerable demand for this project and location."

Winterburn said the&nbsp;majority of buyers have emerged from the Palm Beach and southern Gold Coast, with some from <a href="/new-apartments/brisbane-qld">Brisbane</a>, <a href="/new-apartments/sydney-nsw">Sydney</a> and <a href="/new-apartments/melbourne-vic">Melbourne</a>.

Significant interest has also been observed from buyers in <a href="/new-apartments/burleigh-heads-qld-4220">Burleigh Heads</a>, with many looking to transition from esplanade-front properties to absolute beachfront residences in the serene northern Palm Beach area while still staying connected to Burleigh.

“Buyers have loved the layouts, uniqueness of the absolute beachfront position and the amenities package reflective of the large beachfront site – more than 3,300 sqm with over 40 metres of absolute beachfrontage - which we are spending more than $10 million enhancing with world-class amenities."

[smartcode_project:default project_id=102340 project_image_fid=273595]

&nbsp;

Many purchasers are local business owners downsizing or for use as lock and leave apartments.

“Interestingly, a number of purchasers work within the property and construction sector which shows how unique the project is and exemplifies the quality Marquee delivers,” Winterburn said.

[smartcode_project:default project_id=102340 project_image_fid=273593]

La Belle Palm Beach will rise 14 levels and offer 75 beachfront apartments in three, four, and five-bedroom layouts.

Residences will feature living spaces ranging from 150 sqm to 680 sqm, tailored for the discerning owner-occupier.

Leveraging the expansive site, <a href="/developers/marquee">Marquee</a>&nbsp;has integrated a series of five double-storey beach homes into La Belle Palm Beach, featuring spacious living areas of up to 388 sqm.

&nbsp;

[smartcode_project:default project_id=102340 project_image_fid=273596]

La Belle Palm Beach promises a diverse array of upscale amenities, including a heated outdoor pool and spa, multiple teppanyaki dining bars, and a resident’s lounge equipped with a billiard room, bar, and large screen TV for gatherings.

The development will feature a wellness centre featuring a state-of-the-art gymnasium, yoga and Pilates room, Nordic and Infrared saunas, indoor hydrotherapy hot pool, and two cold plunge immersion baths. Complementing these features is a 5-star hotel-style lobby with Porte cochère drop off, an arrival lounge and fully equipped private offices, catering to work-from-home needs.

Construction of La Belle Palm Beach is anticipated to commence in June 2024.&nbsp;

[smartcode_project_cta:default project_id=102340]

The majority of buyers have emerged from the Palm Beach and southern Gold Coast, with some from Brisbane, Sydney and Melbourne

Marquee net $100 million in sales at La Belle Palm Beach apartment development

The development site of the recently launched The Highlander, one of the first Melbourne CBD towers to be launched for several years, has hit the market.

The 352 sqm site&nbsp;at <a href="/new-apartments/the-highlander-melbourne-490-flinders-street-melbourne">490 Flinders Street</a>&nbsp;and 1-9 Highlander Lane comes with approved plans for a 24-level tower designed by Metier 3.&nbsp;

[smartcode_project:default project_id=13067 project_image_fid=256355]

Singaporean investment firm Havenport Investments had been seeking to develop the building that has 35 apartments, a ground floor with a residential lobby, a cafe, retail spaces, a basement level with a car stacker for 10 vehicles, bicycle parking, and site services.

&nbsp;

&nbsp;

<a href="/project-marketer/colliers">Colliers</a> is expecting the site to sell for around $12 million.&nbsp;

&nbsp;

[smartcode_project:default project_id=13067 project_image_fid=256357]

Colliers, Head of Investment Services – Victoria, Matt Stagg, said the permitted project is well advanced, offering an approved building envelope, positioned to capitalise on the premium view lines over the Yarra River and the high-end amenity stemming from the Rialto precinct that is around 75 metres away.

“We expect both local and offshore build-to-sell developers to compete for the site, as apartment pre-sales rates are improving across Melbourne," Stagg said.

"Population growth estimates show Melbourne to have the largest forecast migration of all the capital cities in Australia in the next 10 years”.&nbsp;

&nbsp;

Colliers is expecting the site at 490 Flinders Street and 1-9 Highlander Lane to sell for around $12 million.

The Highlander, Melbourne development site hits the market

A few months after launching their luxury Bondi Beach apartment development Mayfair, developer&nbsp;<a href="/developers/fenbury">Fenbury</a> is set to launch a new project on Pittwater.

They've revealed&nbsp;The Moorings, just eight home lots on&nbsp;Winji Jimmi Bay in <a href="/new-apartments/newport-nsw-2106">Newport</a>. Each has their own private and enclosed marina berth that can accomodate vessels between 25 to 30 metres.

Plans for the homes, across a&nbsp;6,000 sqm site at 122 Crescent Road, are by&nbsp;<a href="/interior-designers/scott-carver">Scott Carver</a>.

Land and marina berth prices start from $5.5 million, with prices for the land, marina berth and custom homes starting from around $9 million subject to size and finish.&nbsp;

&nbsp;

<img alt="The Moorings - dock" data-entity-type="file" data-entity-uuid="c3b1ee87-c261-4070-8a4e-15ede724b688" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Moorings%20dock.jpg?VersionId=Tq0yEUMjDVp6IVJiq8Nt0NTW9H682j5a" />

Domain Projects agent Peter Grant, who is marketing The Moorings, says it represents a rarity in the Australian real estate landscape that truly has the potential to meet buyers’ every need. &nbsp;

“Not often does a buyer have the luxury of creating a beautiful, unique custom-built home with an ongoing concierge service to ensure that every desire is catered for from design through to completion," Grant says.

“Underpinned by <a href="/developers/fenbury">Fenbury</a>, a developer that prides itself on creating and enhancing prestigious property portfolios, The Moorings genuinely provides an all-in-one solution for the most discerning buyers, the privileged few, who are also looking to establish and protect generational wealth.

"This value proposition, &nbsp;blending the ultimate in lifestyle with a future-proof asset is an aspect of the property journey that will appeal to astute buyers who place as much emphasis on the fiscal return as they do the value in living day-to-day in enviable luxury and share the experiences of a wonderful waterfront lifestyle that allows them to set sail from their very own doorstep."&nbsp;&nbsp;

<img alt="The Moorings - living" data-entity-type="file" data-entity-uuid="384cc5ae-305d-4536-b863-197194d2729c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Moorings%20interior.jpg?VersionId=NGWf2iUtkW4Bh9iUG0WVx5GeKxa8SJzP" />

Fenbury Founder and Managing Director, Sammy Soliman, says The Moorings is a perfect example of their vision to set their clients and their families up for continued success, in prestigious waterfront locations that are not only highly sought after right now, but so rare that their ongoing value is guaranteed.

"We are providing an end-to-end solution for those purchasers fortunate to be taking the ultimate step in their property journey as they set to focus on a luxurious lifestyle and sacred family time spent in a generational home that fulfils their dreams,” Soliman said. &nbsp;

<img alt="The Moorings - kitchen" data-entity-type="file" data-entity-uuid="9bcaa0b3-e413-4b1b-af72-961430f36eca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Moorings%20kitchen.png?VersionId=Y3MDEQ_CvSGWPGuAgkCOnna9DMRfl6u5" />

The configurations of the homes, which will be built with natural materials and stone can be chosen by the buyer but could include up to four bedrooms,&nbsp;a wine cellar, a cinema room, a pool and lift access. &nbsp;

&nbsp;

&nbsp;

<img alt="The Moorings - bathroom" data-entity-type="file" data-entity-uuid="3f3aecb9-f93b-4edf-b92b-c6467c40296c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Moorings%20bathroom.jpg?VersionId=LypVsF8tBVLVhynvwPJmvdu1iGyhuSEk" />

Director of Scott Carver Architects, Edward Salib, said the essence of The Moorings from a design perspective, lies in Fenbury’s commitment to individuality. &nbsp;

“The homes to be built at The Moorings, pending individual approvals subject to each owner’s personal vision, will ultimately be more than just buildings; but instead, living, breathing embodiments of &nbsp;Pittwater's history and the vision for an enriched, harmonious life. Each home will represent the intersection of where the past meets the future in a celebration of comfort, elegance, and a deep connection to the land and sea,” said Mr Salib. &nbsp;

The key to this remarkable approach lies in the recognition that every home is one of a kind. Each house, in its own way, will become a reflection of the land it graces and the views it beholds.&nbsp;

With planning approvals in place for site works, and lots prepared for immediate construction commencement, expressions of interest are now open for interested parties.

Fenbury’s residential pipeline includes the recently launched <a href="/new-apartments/mayfair-bondi-beach-58-campbell-parade-bondi-beach">Mayfair Bondi Beach</a>, a selection of seven three-bedroom residences on Bondi Beach, as well as Avalon Waterfront, an expansive 8,500 sqm site planned for subdivision into two one-acre lots that will home two luxury residences.

A collection of eight house, land and private marina berths on Sydney's northern beaches 

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