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

Joel Robinson

The inflation result the property market was waiting for

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

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

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

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

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

Central Element seeks second Drummoyne apartment development

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

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

<a href="/developers/golden-age-group">Golden Age Group</a> has appointed Icon Construction as the builder for its high-rise development, SKY SQR, in Box Hill.&nbsp;

The $450 million project is set to transform <a href="/developments/box-hill-vic-3128">Box Hill</a> into a hub of connectivity and culture, featuring a mix of residential, retail, and community spaces.

[smartcode_project:default project_id=4720 project_image_fid=20186]

<a href="/new-apartments/sky-sqr-517-521-station-street-box-hill">SKY SQR</a> will encompass nearly 50,000 sqm of build-to-rent accommodation, commercial and retail spaces, and a childcare facility.&nbsp;

It will also include 1,180 sqm open public space with multiple street frontages and a range of exclusive amenities.

The development partner, Local: Residential, will manage and operate 425 apartments.

<img alt="Golden Age Group appoints Icon Construction as builder for SKY SQR, Box Hill - podium" data-entity-type="file" data-entity-uuid="a314ae42-0d14-4e64-84e4-fbd953dafe85" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/SKY%20SQR%20podium.jpg?VersionId=sec9ZxO3iGaTFFNRHPwYBjkPeHVhAt4A" />

The two-tower, 18-level development will centre around a town square concept with a diverse mix of retailers.

SKY SQR will feature a three-level retail podium and food precinct with tenancies ranging from 16 sqm to 2,000 sqm.

Located 14 kilometres from the <a href="/new-apartments/melbourne-vic">Melbourne</a> CBD, SKY SQR is strategically placed near Box Hill Station and the newly opened Harrow Street Car Park—offering residents and locals a quick access to transportation and recreational hubs.

[smartcode_project_cta:default project_id=4720]

The two-tower, 18-level development will centre around a town square concept with a diverse mix of retailers.

Golden Age Group appoints Icon Construction as builder for SKY SQR, Box Hill

Sydney's affluent Vaucluse has welcomed a new boutique apartment development.

<a href="/developers/aspire-developments">Aspire Developments</a> has completed its luxury project <a href="/buildings/yugen-vaucluse-12-burge-street-vaucluse">Yugen</a>, a collection of&nbsp;garden apartments and a three-bedroom full-floor penthouse.&nbsp;

[smartcode_project:default project_id=112916 project_image_fid=277985]

Designed by <a href="/architects/koichi-takada-architects">Koichi Takada Architects</a>, "Yugen" is derived from a Japanese aesthetic concept often associated with “an emotional response that is so deep it cannot be expressed in mere words", encapsulating a sense of elegance and serenity.&nbsp;

The project includes lush landscaped spaces designed by <a href="/developments/sydney-nsw">Sydney</a>-based landscape architects Wyer &amp; Co., featuring prominent trees that offer residents a sense of privacy.&nbsp;

[smartcode_project:default project_id=112916 project_image_fid=277984]

Yugen Vaucluse is situated close to nature, with access to coastal strolls along the Diamond Bay Cliffwalk, secluded beaches, and various natural reserves.&nbsp;

The development is also conveniently located near cafes, restaurants, and a short drive from <a href="/developments/bondi-nsw-2026">Bondi</a> and <a href="/developments/rose-bay-nsw-2029">Rose Bay</a>.

Ray White Projects is marketing Yugen.

[smartcode_project_cta:default project_id=112916]

The project includes lush landscaped spaces designed by Sydney-based landscape architects Wyer & Co., featuring prominent trees that offer residents a sense of privacy

Aspire Developments completes Yugen Vaucluse apartments

Prominent developer&nbsp;<a href="/developers/deicorp">Deicorp</a> has secured planning approval for its first ever Rhodes apartment development.

They've been given the go ahead to developer&nbsp;<a href="/new-apartments/marquet-mary-rhodes-1-9-marquet-street-rhodes-nsw-2138">Marquet &amp; Mary</a>, a 32-level mixed-use tower in the heart of Rhodes designed by Fender Katsilidis.

The design for the $435 million project, which was selected by an expert design jury last year, has been approved by the <a href="/new-apartments/sydney-nsw">Sydney</a> Eastern City Planning Panel.&nbsp;

Above a four-level podium, that will home retail and commercial spaces,&nbsp;a community rooftop terrace and garden, and a residential courtyard, will be 214 one, two and three-bedroom apartments, a community rooftop terrace and garden,&nbsp;

Deicorp’s Chairman, Fouad Deiri OAM, said the landmark&nbsp;building will bring much-needed new homes to the heart of Rhodes.

“Designed by one of Australia’s leading design practices, <a href="/architects/fk-australia">FK</a>, Marquet &amp; Mary delivers on Deicorp’s business values of strong design and high-quality amenities,” Deiri said.&nbsp;

<img alt="FK designed Marquet &amp; Mary tower in Rhodes" data-entity-type="file" data-entity-uuid="34c90f90-7488-40be-bf75-80daa4822e63" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/FKMED_22228_N15_M%26M.jpg?VersionId=67Xp2pkr17BJBVAux92vq1f00n0gQkq5" />

FK Partner Craig Baudin said Canada Bay City Council's swift approval of the development application underscores the recognition that this project goes beyond simply providing much-needed housing.

"It also completes a crucial missing piece in the precinct - the revitalisation of an underutilised low-rise lot," Baudin said.

"With this momentum, the DA approval paves the way for delivering a transformative project for Rhodes."

Positioned strategically at the corner of Marquet and Mary streets, the&nbsp;<a href="/developments/rhodes-nsw-2138">Rhodes</a> peninsula is home to an established precinct of shopping, dining, leisure and transport - including the nearby Rhodes train station.

Recognised by an independent judging panel when awarding FK the project following a design excellence competition in 2023, FK’s design was praised for the provision of a public plaza at the southern entrance and the fine-grain design of the ground plane.&nbsp;

The mixed-use precinct will create new laneways and foster greater connectivity throughout central Rhodes. A new public landscaped laneway, enlivened by active retail uses on the ground level, aims to connect the development to its surroundings.&nbsp;

“With ongoing pressures on the construction sector and a persistent housing shortage, we’re proud to be collaborating on this project with Deicorp to provide generous family residences with spectacular views, accessibility to transport links, and great amenities at a time of need in Sydney,” Baudin added.&nbsp;

[smartcode_project_cta:default project_id=141515]

Deicorp’s Chairman, Fouad Deiri OAM, said the landmark building will bring much-needed new homes to the heart of Rhodes.

Deicorp greenlit for Marquet & Mary tower in Rhodes

Joint Venture partners Keylin and Kinstone Group have revealed a collection of absolute waterfront villas at Lakeside, the fourth and final precinct at their 62-hectare Serenity 4212 masterplan near Hope Island.

Construction is underway on the 16 north-facing villas. They each feature four bedrooms, with some also having a pontoon and their own pool.

Adjoining the <a href="/developments/coombabah-qld-4216">Coombabah</a> Lakelands Conservation Area, Lakeside’s vibrant precinct plan is being finalised for the sales launch and is likely to include a mix of low to medium-rise apartments with sculptural architectural design, resident recreational amenities, open spaces, and commercial and retail amenities.&nbsp;

<img alt="Rare villas revealed at thriving waterfront community - slabs down" data-entity-type="file" data-entity-uuid="85c5c32f-e977-4c71-9e59-19c292a20e2d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Lakeside_Slabs%20down.jpg?VersionId=788sTrmvzyuJO.c2gEfpv9aqop4uINOg" />

Adjoining the <a href="/developments/coombabah-qld-4216">Coombabah</a> Lakelands Conservation Area, Lakeside’s vibrant precinct plan is being finalised for the sales launch and is likely to include a mix of low to medium-rise apartments with sculptural architectural design, resident recreational amenities, open spaces, and commercial and retail amenities.&nbsp;

<a href="/developers/keylin-group">Keylin</a> Managing Director Louis Cheung said Lakeside was a rare waterfront offering in the area with access to exclusive resort-style amenities when the precinct is complete.&nbsp;

“When the joint venture acquired Serenity 4212 in 2019, we knew the waterfront real estate and gentle density of the Lakeside precinct was unlikely to ever be replicated at the northern <a href="/developments/gold-coast-qld">Gold Coast</a>, in part due to some of the development’s original planning approvals dating back 20 years,” Cheung said.&nbsp;

“Lakeside’s north-facing villas are in a class of their own and designed to capture breathtaking views of the &nbsp;private Lake Serenity.

“Designed by <a href="/architects/mas-architecture-studio">MAS Architecture Studio</a>, the villas offer spacious living zones to seamlessly blend the inside and outside, complete with high-end finishes, double-storey voids and entertainer kitchens, complimenting the unique natural surrounds of Lake Serenity and Coombabah Lakelands Conservation Area."

<img alt="Rare villas revealed at thriving waterfront community - living room" data-entity-type="file" data-entity-uuid="5b3a4fbf-3389-496f-b626-f544051f22ac" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Lakeside_Living%20room%20render.jpg?VersionId=kd4_H8aMPH3Tr1pkdYgrjzP1nc4URXCD" />

Cheung said builder Resort Homes was a strong building partner to bring the Lakeside villas to life and kick-start the final piece of the Serenity 4212 master plan.&nbsp;

“Resort Homes has collaborated with us to finalise the design and building program for this architectural villa collection, which appeals to those looking for an off-the-plan opportunity with delivery certainty in a rare northern Gold Coast waterfront position,” Cheung said.&nbsp;

Located near the Hope Island Marketplace and Links Golf Course, Lakeside is minutes from hospitals, childcare and leading schools, including A.B. Paterson College.

Cheung said the location of Serenity 4212 was unmatched, as a peaceful and relaxing yet well-connected precinct.&nbsp;

“This high-growth northern Gold Coast corridor has really flourished over the past two decades and what we are delivering reflects the modern lifestyle aspirations and amenities that homeowners value,” he said.&nbsp;

“Residents at Serenity 4212 will soon benefit from the <a href="/developments/coomera-qld-4209">Coomera</a> Connector Stage 1 and Hope Island train station, both under construction and set to significantly enhance the area’s connectivity.”&nbsp;

The villas are due for completion by late 2025, and the collection follows the sold-out land release at Serenity Waters, completion of the award-winning Serenity Green townhomes, and completion of Serenity Reserve’s first townhomes and amenities, with the final townhomes under construction.&nbsp;

Keylin Managing Director Louis Cheung said Lakeside was a rare waterfront offering in the area with access to exclusive resort-style amenities when the precinct is complete

Keylin and Kinstone reveal final stage of Serenity 4212, Helensvale precinct

South East Queensland developer Mosaic Property Group has secured a prime site in Palm Beach.

The Brook Monahan-led, Brisbane-based developer who has developments from the Sunshine Coast to the Gold Coast, has grabbed a 1,615 sqm block at <a href="/new-apartments/sophia-by-mosaic-1357-gold-coast-highway-palm-beach">1357 Gold Coast Highway</a>,&nbsp;toward the northern end of&nbsp;<a href="/developments/palm-beach-qld-4221">Palm Beach</a>.

The land was trading for the first time in nine decades and represents one of the last remaining sites of such scale in the area.

<a href="/developers/mosaic-property-group">Mosaic</a> is joining forces with architecture firm <a href="/architects/bureauproberts">bureau^proberts</a> for the third time to conceive a bespoke collection of house-sized residences and luxury amenity.

While the building is currently still undergoing detailed design, Mosaic is working within Palm Beach's height regulations. The project will be boutique in nature offering a collection of highly exclusive and large private beachfront residences.&nbsp;

Targeting swift progress, Mosaic endeavours to expedite the Code-Assessable Development Application and anticipates an exclusive unveiling to registered VIPs later this year. Construction, facilitated by Mosaic's in-house building arm, is slated to get underway in early 2025.&nbsp;

<img alt="Mosaic" data-entity-type="file" data-entity-uuid="65f795d0-ad1d-4266-a51e-4ccdbd828eb3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-30%20at%2010.13.44%20am.png?VersionId=BlQQNBbG4Lyypyi3.AtfMwmo0z0yaYNC" />

The prolific developer has built a significant footprint on the Gold Coast, with six premium addresses completed in the past three years alone. Its latest achievements include <a href="/new-apartments/dawn-by-mosaic-15-peerless-avenue-mermaid-beach">Dawn by Mosaic</a> in <a href="/new-apartments/mermaid-beach-qld-4218">Mermaid Beach</a>, <a href="/buildings/bianca-by-mosaic-1-surf-street-bilinga-qld-4225">Bianca by Mosaic</a> in <a href="/new-apartments/bilinga-qld-4225">Bilinga</a>, and <a href="/new-apartments/luca-7-douglas-street-coolangatta-qld-4225">Luca by Mosaic</a> in <a href="/new-apartments/kirra-qld-4225">Kirra</a>, all having wrapped up between late 2023 and early 2024.&nbsp;

Currently, the company is actively constructing a further five all-but sold-out luxury multi-residential projects on the Gold Coast through its own building arm, <a href="/builders/mosaic-construction">Mosaic Construction</a>, totalling $650 million and comprising 275 apartments.&nbsp;

Five additional projects are being built by Mosaic Construction in <a href="/new-apartments/brisbane-qld">Brisbane</a> and on the <a href="/new-apartments/sunshine-coast-qld">Sunshine Coast</a>, bringing its combined construction portfolio to 10 projects valued at over $1.2 billion, translating to the delivery of 750 homes within the next two years.&nbsp;

Mosaic's Founder and Managing Director, Brook Monahan, said they are continuing to actively and very selectively seek out opportunities to secure prime sites on the Gold Coast and across South East Queensland to keep delivering its signature brand of luxurious and highly functional living.&nbsp;

"We're excited to have the opportunity to create another collection of beautiful homes to fulfil the strong sustained demand for Mosaic products on the Gold Coast," Monahan said.

"We're highly selective and strategic in our site acquisitions. Any opportunity undergoes a painstakingly detailed evaluation and extensive investment into relationships with locals to ensure the outcomes align with our vision for luxury living and long-term growth. This approach takes time, but it ensures we create exceptional quality and value for our customers while contributing meaningfully to the communities we are lucky to be a part of.

"This is such an incredible, rare, ideally positioned piece of beachfront real estate and we feel &nbsp;fortunate that the current ownership group chose Mosaic to be the best custodians of this amazing &nbsp;beachfront land that had been in their family for almost 90 years.”&nbsp;

Monahan said that while the design was in its early stages, it was set to be the latest offering in its ultra-luxury Mosaic Masterpiece Series.&nbsp;

“Every minute detail will be considered to establish an address that takes full advantage of its &nbsp;incredible location and elevates the living experience for those who will call it home.”

"In a time when "luxury" is defined by more than just opulence but by the seamless fusion of design &nbsp;excellence and functional practicality, these homes will be curated to reflect the essence of &nbsp;sophisticated, effortless living, where every detail serves an aesthetic and utilitarian purpose.”

Mosaic's Founder and Managing Director, Brook Monahan, said they are continuing to actively and very selectively seek out opportunities to secure prime sites on the Gold Coast and across South East Queensland

Mosaic secures beachfront Palm Beach site for latest luxury apartment development

<a href="/developers/uem-sunrise" target="">UEM Sunrise</a>&nbsp;has submitted plans for its first residential developments outside of Melbourne.

Having acquired a prime <a href="/developments/subiaco-wa-6008">Subiaco East</a> site in Perth, some 4,930 sqm, UEM has proposed two mixed-use residential buildings that will sit just beyond the boundary line of the iconic Subiaco Oval and alongside Haydn Bunton Drive. The proposed development is the first within the overall Subiaco East Masterplan by DevelopmentWA, the Western Australian State Government’s central development agency.

The proposed development will comprise around 340 apartments and is expected to accommodate more than 1,000 future residents, with up to 12% of the apartments providing affordable housing in the Western suburbs. The proposal aims to offer a distinct opportunity for future residents to enjoy the unique Subiaco lifestyle.

The scheme will see two well-designed residential buildings on Lot 1 with a tiered height of 25 and 35 stories plus a ground floor, creating a strong visual aesthetic for the landmark development. This will be complemented by a 10-storey building plus a ground floor on Lot 2.

The proposed design for the mixed-use residential precinct will promote communal interaction through well-curated spaces, 400sqm of retail space on the ground floor of Lot 1, which permeates into gardens and landscaping that augment the public facilities at The Oval site.

<img alt="Subiaco" data-entity-type="file" data-entity-uuid="63c77c49-542f-46b1-ba4b-d9dcd277ebe4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-30%20at%205.05.07%20pm.png?VersionId=.IV.XYW5_SseIP82gP52XMN8k21WtnJx" />

UEM Sunrise Chief Executive Officer Sufian Abdullah said the DA submission represented an exciting step forward for the company and its first development for the Perth residential market.

“We have had a significant presence in Australia for many years and we’re delighted to be delivering this landmark project in our first venture into Western Australia. We will bring our considerable local and global expertise in mixed-use developments to the Perth residential market to create a vibrant and connected new community in Subiaco East.” 
 
“This proposed development will create a high-quality residential precinct at an important time in the WA housing market – delivering new housing supply at scale, with more than 340 new homes for a wide range of residents. Our unique offering will appeal to home-owners – individuals and families – at different stages in their life, with greater flexibility and opportunity for intergenerational living, work-life integration and connection to a diverse community.”

UEM Sunrise is committed to delivering a design excellence outcome for Lots 1 and 2 including targeting a 5-star Green Star Buildings v1.0 certification with the Green Building Council of Australia. The 5-star Green Star Buildings certification represents Australian excellence in better, healthier and more responsible buildings, providing significant community and environmental benefits exceeding the Subiaco Oval and Railway Design Guidelines requirements for sustainability and building on the 6-star Green Star Communities v1.1 certification achieved by Development WA for the Subiaco East Redevelopment.

Construction of the proposed development is expected to commence in 2026.

UEM Sunrise Chief Executive Officer Sufian Abdullah said that the company was thrilled to secure the prized site and expand its presence in the Australian market

UEM Sunrise submit Subiaco Oval apartment development plans

Prominent South Sydney developer,&nbsp;<a href="/developers/level-33">Level 33</a>, has launched one of its most boutique apartment developments to date.

The go-to developer in Wollongong has revealed Easterly, directly opposite WIN Stadium at 13 Crown Street, a short walk from the beach.

<a href="/new-apartments/easterly-wollongong-13-crown-street-wollongong">Easterly</a> comprises 21 luxury two and three-bedroom apartments and three penthouses, all designed in collaboration with <a href="/architects/turner-studio">Turner Architects</a>.

Easterly’s design integrates coastal elements with robust structural components, reflecting the nearby ocean and land in both its architecture and interiors.&nbsp;

"Given such an important location so close to the beach, we sought to create residences that maximise your experience of the water, with views from almost every vantage point enhanced by expansive balconies and full-height windows to the eastern façade," Karl May, Managing Director of Turner Architects, said.

<img alt="Level 33 launch Wollongong apartment development, Easterly - views" data-entity-type="file" data-entity-uuid="40daed04-0cbc-4feb-8d06-5e6cc8e0503a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Easterly_Residences%20view.jpg?VersionId=91Ag8olkl689M3ssPedhJklp..IUZcax" />

"A subtle architectural connection to the ocean plays out in the rounded balconies like stones washed smooth from the waves."

The apartments offer expansive balconies and floor-to-ceiling windows, providing ample natural light and views.

"Distinctions of Easterly’s interior design are evident through a seamless interplay between the carefully curated materiality and depth of detail, crafting thoughtful, bespoke residences," Turner Interiors explained.

<img alt="Level 33 launch Wollongong apartment development, Easterly - balcony" data-entity-type="file" data-entity-uuid="0797c29c-8fa1-486c-8d69-b9ec46026249" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Easterly_Residences%20balcony.jpg?VersionId=Lx9t0nHRPLM4REI8Pw2WuwDEh6skBXoU" />

The interiors are well-equipped with premium Gaggenau appliances and adorned by stone finishes, bespoke joinery, spa-inspired bathrooms with freestanding baths, and custom wardrobes in the bedrooms.

"Harmonious textures and tones create a unified aesthetic, representing the intricate relationship between the sea, radiant sunshine and qualities of the Illawarra coastline," Turner added.

Residents can choose between two interior palettes, Ripple and Ridge, allowing for personalisation of their living spaces.

<img alt="Level 33 launch Wollongong apartment development, Easterly - podiun" data-entity-type="file" data-entity-uuid="1c6ad1fe-2001-450d-9d0f-c43131e2b774" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Easterly_Residences%20podium.jpg?VersionId=o1MyFSHgnETNRJqnkh0KYzh7U2IBs4gx" />

Easterly also includes a ground-floor retail space with alfresco seating, promoting a convenient café lifestyle.

The café lifestyle extends to Easterly's vibrant neighbourhood with numerous cafes, bars, and restaurants nearby.

Strategically located at 13 Crown Street, the development is also within easy access to several attractions, including the historic Flagstaff Point Lighthouse, Wollongong Botanic Gardens, and Blue Mile Pathway.

[smartcode_project_cta:default project_id=139092]

Turner says a subtle architectural connection to the ocean plays out in the rounded balconies, like stones washed smooth from the waves

Launch Alert: Level 33 launch Wollongong apartment development, Easterly

Grant Price's <a href="/developers/balito-investments">Balito Investments</a> has submitted a development application for a new mixed-use building in North Curl Curl.

The new mixed-use development at 142-146 Pitt Road, near Curl Curl North Public School, will comprise 11 apartments across a low-rise, three-level building. They will sit atop five retail tenancies.

Designed by <a href="/architects/warren-and-mahoney">Warren and Mahoney</a>, the proposed building's exterior will feature metal stud and brick walls, timber cladding, screens, and concrete edge planter boxes to reflect the natural materials and tones of the local area.

<img alt="Balito Investments submits development application for North Curl Curl" data-entity-type="file" data-entity-uuid="8ce7ead5-5244-4616-bdb6-6deb5866ba19" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Curl%20Curl%20DA%20est.png?VersionId=gLKQbeIZlS7NLTV0xtq9DwbaGBR411Yv" />

The ground floor will feature five retail tenancies totalling 333 sqm, while the upper floors will house a mix of two two-bedroom units, eight three-bedroom units, and one four-bedroom unit with amenities such as garden spaces, internal courtyards, and outlooks towards the northern beaches.

"The development is an elegant coming together of retail and commercial uses and high-quality residential units that provide a harmonious relationship between built form and landscape," Warren &amp; Mahoney noted in the planning application submitted to the Northern Beaches Council.

The development will also incorporate green roofs and vegetation to enhance biodiversity and reduce the urban heat island effect.&nbsp;The landscape design features drought-resistant, locally appropriate species that will improve the site's green links.

The basement level will include parking for 22 vehicles and 16 bicycle spaces.

The site is conveniently located approximately 1.3 kilometres from <a href="/developments/north-curl-curl-nsw-2099">North Curl Curl</a> Beach, one of <a href="/developments/sydney-nsw">Sydney</a>'s premier surfing beaches, and is well-serviced by public transport, with a bus stop 120 metres west of the site.&nbsp;

First look: Rare new off the plan apartment development set for North Curl Curl

Apartment giant Meriton has launched its latest instalment of apartment towers on the Gold Coast, with one of the towers set to host the highest apartments in the Gold Coast hotspot.

<a href="/developers/meriton" target="">Meriton</a> has launched Cypress Palms, a two-tower development on a vast 8,083 sqm site at 3346 Surfers Paradise Boulevarde, on&nbsp;top of the Cypress Ave G-Link light rail

The towers will home just shy of 1000 apartments across two 76 and 90-level towers.

<a href="/new-apartments/cypress-palms-surfers-paradise-3346-surfers-paradise-boulevarde-surfers-paradise">Cypress Palms</a>&nbsp;will be Harry Triguboff's 21st high-rise development on the&nbsp;<a href="/new-apartments/gold-coast-qld">Gold Coast</a>, having first visited the now thriving tourist mecca six decades ago.

[smartcode_project:default project_id=139696 project_image_fid=277713]

There are one-bedroom plus multi-purpose room units on offer, as well a two-beds, two-beds with MPR, and three-bedrooms.

The new apartments offer uninterrupted views over <a href="/developments/surfers-paradise-qld-4217">Surfers Paradise</a>e Beach, <a href="/new-apartments/burleigh-heads-qld-4220">Burleigh Heads</a>, <a href="/new-apartments/main-beach-qld-4217">Main Beach</a>, the <a href="/new-apartments/broadwater-qld-4380">Broadwater</a>, and the Nerang River towards the Hinterland.&nbsp;

Residents at Cypress Palms will have access to several amenities, starting with the double-height lobby surrounded by retail and dining options such as a supermarket, café, and various restaurants.

[smartcode_project:default project_id=139696 project_image_fid=277722]

Exclusive facilities for residents include a sub-tropical landscaped podium with a cascading lagoon pool, a children's waterfall play area, BBQ, dining pavilion, and an indoor wellness centre equipped with a lap pool, gym, and sauna.

Cypress Palms is uniquely positioned with a four-street frontage, just 150 metres from Surfers Paradise Beach.&nbsp;

The development is also located near the G-Link Light Rail and Bus Station, providing residents easy access to the Gold Coast's airports, educational institutions, hospitals, shopping centres, and other attractions.

[smartcode_project:default project_id=139696 project_image_fid=277712]

Construction of Cypress Palms is already underway. Meriton, with its 60-year history and a 100 per cent completion record, offers buyers confidence and reliability, backed by a 4.5-star iCIRT rating.

Meriton&nbsp;has long had a reputation as one of the most prominent developers across New South Wales. Their most recent developments near the Glitter Strip have been <a href="/buildings/ocean">Ocean by&nbsp;Meriton&nbsp;at 84 The Esplanade</a>, a soaring 76-level tower with 722 apartments.

Down the road they also have <a href="/new-apartments/iconica">ICONICA by&nbsp;Meriton</a>, a further 637 apartments across two&nbsp;50 and 70-levels at 152 The Esplanade.

[smartcode_project_cta:default project_id=139696]

Cypress Palms will be Harry Triguboff's 21st high-rise development on the Gold Coast, having first visited the now thriving tourist mecca six decades ago


Launch Alert: Meriton launch Gold Coast's tallest apartment towers, Cypress Palms

Less than two hours from Sydney, Newcastle marks itself as the hub for the Hunter region.

A short drive to the Hunter Valley wineries, Nelson Bay, and a pristine countryside, the city is continuing to develop into one of the most attractive places to live along Australia’s east coast.

Downtown Newcastle continues its transformation into a modern metropolis with an ever-expanding range of dining, shopping and lifestyle choices filling the streets.

Canberra-based property group, Doma will make their mark again on the suburb, putting the shovel in the ground on the site of their new residential tower, The Store, on Hunter Street.

Doma is no stranger to the Newcastle area, having undertaken several projects across the region including the Bishopsgate Apartments in Wickham and Lume in the CBD.

The Hunter and Central Coast Regional Planning Panel gave the group the green light, with the project taking its name from the site’s original façade and window shapes that adorned the former Store building.

Taking cues from other historical buildings across Newcastle, masonry forms the primary material in The Store’s podium level, complemented with modern luxuries inspiring a new era of growth on the city’s edge

When completed, The Store Residences will bring to the Newcastle market a further 360 residences.

A mix of one, two, three and four-bedroom apartments will be set amongst a landscaped acre of resort-style facilities, including a 25-metre lap pool, a tennis court, multiple barbecue areas, community gardens, a children’s playground, outdoor dining and lounge areas, as well as a rooftop observation deck, creating a new precedent for apartment living in the coastal suburb.

DOMA is forecasting a late 2026 completion date of The Store.

[smartcode_project_cta: project_id=13536]

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