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“Minister Chanthivong and his team have shown real leadership in replacing an outdated two-year bond with cover that matches the lifespan of the buildings people are buying into.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

Joel Robinson

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

No single developer has contributed to the apartment market in Bondi Junction more than local developer Stargate Property Group.

Having completed five towers in the Eastern Suburbs shopping hub and currently developing their sixth, Stargate, led by Igal and Elia Leis, has filed for its seventh.

They're staying on Oxford Street, where they're currently developing The Centennial Collection and have completed several other buildings. They've submitted $80 million plans for <a href="https://www.apartments.com.au/new-apartments/signature-362-384-oxford-street-bondi-junction-nsw-2022">Signature</a>, two towers at 362-384 Oxford Street, an amalgamated site on the corner of Oxford and Newland Street.

Stargate secured three of the shops for $8.75 million in 2016 and was set to submit a development application for a smaller project before the opportunity arose to secure the three adjoining shops in 2021. They paid $15 million to expand their holding to 1,553 sqm which suited a larger tower.

They are having to keep three of the shopfronts, as they have heritage significance. Architecture firm SJB, who has also designed The Centennial Collection, has incorporated the shopfronts into the designs for the street level. The other three shops have been demolished and will be replaced with a striking curved entry to the building, as well as more retail spaces.

The development application is State Significant, so it goes through the NSW Planning Panel.

The new 15-level project will have 111 apartments, a mix of 48 one-bed, 52 two-bed, and 11 three-bedroom apartments. The building will be split into two sections, connected by an internal bridge. There will be a communal rooftop with resident amenity, as well as commercial spaces on the first two levels.

The builder-developer has already cleared the site, aside from the heritage shops, and has started excavating for the six levels of basement that will have parking for 119 vehicles. They're approaching bottoming out the basement just 400 metres away at The Centennial Collection which is on track for completion late next year.

First look exclusive: Stargate seek new Oxford St, Bondi Junction apartment development

In a show of confidence, one of the northern Gold Coast’s most prolific developers, Lewis Land, has appointed leading builder Greyburn to deliver the first stage of its visionary Harbour Shores master plan.&nbsp;

The announcement coincides with the formal launch of sales in the Gold Coast’s first 6 Star Green Star Community, which will be delivered over the next decade.&nbsp;

[smartcode_project:default project_id=113271 project_image_fid=247280]

<a href="/developers/lewis-land-group">Lewis Land</a> Chief Executive Officer, Brett Draffen, said Greyburn’s appointment signified the group’s commitment to delivering the first three residential collections as swiftly as possible.&nbsp;

“Bringing new supply to the market has never been so important for the Gold Coast and home buyers need to have confidence that the projects they’re investing in will be delivered,” Draffen said.&nbsp;

“<a href="/builders/greyburn">Greyburn</a>&nbsp;Building Contractors has a 35-year history specialising in home and boutique apartment construction and this partnership demonstrates our confidence in their capacity, local teams, and trusted supplier networks.&nbsp;

“This is a tremendous outcome for the project, and the future residents of Harbour Shores.”&nbsp;

[smartcode_project:default project_id=113271 project_image_fid=214288]

The 16ha <a href="/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters">Harbour Shores</a> masterplan, located directly opposite Harbour Town, is one of the last remaining large-scale, greenfield waterfront development sites on the <a href="/new-apartments/gold-coast-qld">Gold Coast</a>.&nbsp;

Draffen said construction will commence on the luxury waterfront homes, called The Residences, in July followed by the two apartment collections – The Waterline and Palm House.&nbsp;

“The central community parkland, waterfront boardwalk, resort-style clubhouse, pool and tennis court will also be delivered in this first stage,” he said.&nbsp;

“Based on the current construction program, the first residents of Harbour Shores will be welcomed into &nbsp;their homes in 2026.”&nbsp;

Greyburn Building Contractors Director, Aaron Hook, said the company’s expertise in boutique residential projects was a strong advantage. &nbsp;

“There’s a fantastic synergy between Lewis Land’s vision for Harbour Shores and our specialist approach to the delivery of boutique residential projects,” Hook said.&nbsp;

“As a local Gold Coast business, we are incredibly proud to be able to deliver the first stage of this future-focused development.”&nbsp;

[smartcode_project:default project_id=113271 project_image_fid=247284]

Designed by <a href="/architects/bda-architecture">BDA</a> architects as a ‘village of villages’, Harbour Shores will evolve over the next decade to deliver a mix of boutique apartments and villas, communal open spaces and parklands, a waterfront boardwalk, private marina berths, and a range of resort-style resident amenities.&nbsp;

It is also the Gold Coast’s most sustainable community, achieving a 6 Star Green Star Communities V1.1 Rating from the Green Building Council of Australia - a world-class standard.&nbsp;

Lewis Land has a long-standing history on the northern Gold Coast, pioneering the creation of the &nbsp;Sovereign Islands, Ephraim Island, Paradise Point Keys, Huntington Harbour and Harbour Town, redefining luxury, lifestyle and destination retail.&nbsp;

[smartcode_project_cta:default project_id=113271]

Lewis Land Chief Executive Officer, Brett Draffen, said Greyburn’s appointment signified the group’s commitment to delivering the first three residential collections as swiftly as possible

Lewis Land appoints Greyburn to deliver first stage of Harbour Shores in Biggera Waters

Development Victoria creates places for people. As the development arm of the Victoria Government, they deliver places that make a genuine difference to Victorians. Development Victoria builds great homes and communities where people can thrive while catering to different budgets, lifestyles and needs so that more people can live where they want to be at prices they can afford.

Development Victoria is progressing with its development in Sunshine North at a strong pace. With Stage 1 homes already sold out at LUMA, homes, Stage 2 homes launched earlier this year, continuing the momentum of interest in the development. Stage Two has a collection of around 85 one, two, three and four-bedroom homes, an intentional variety of configurations to cater for every kind of buyer.&nbsp;

The homes at LUMA are designed with a focus on sustainability and are all electric, featuring solar PV with battery storage, double-glazed windows, and a minimum 7-star NatHERS energy rating. The development is well-connected, with proximity to train stations, the Western Ring Road, Sunshine Hospital, and various local amenities.

[smartcode_project:default project_id=27783 project_image_fid=96894]

Future plans for the site include a pedestrian and vehicle bridge over Stony Creek via Metherall Street, providing a link between LUMA and the existing community, and new commercial and retail precincts featuring a mix of retail outlets such as supermarkets and specialty stores to support the everyday needs of local residents.

Development Victoria has appointed SAW Construction to deliver Stage 2 homes who have over 15 years' experience in townhouses construction across Victoria. SAW Constructions are also building the homes in Stage 1 which will be ready to occupy early next year.

The LUMA community will also boast a strategically positioned, 3,600 sqm park, located central to all homes. The park will feature a children’s playground, barbecue facilities, and shaded picnic areas.

[smartcode_project:default project_id=27783 project_image_fid=96896]

Development Victoria is offering prospective purchasers an opportunity to buy with just a five per cent deposit, with no progress payments until construction is complete. For a limited time, they also have an added offer of a $5,000 free upgrade package that can be used to select from a range of upgrades at no additional cost.

To make homeownership possible for more Victorians, Development Victoria aims to offer at least a quarter of the homes they build to households eligible for affordable housing through their Priority Access program. This program offers eligible households exclusive access to purchase high-quality homes at affordable prices before they are made available to the open market.

[smartcode_project:default project_id=27783 project_image_fid=255556]

LUMA’s Urban and Tempo range of homes offer innovative floorplans, some featuring two-living areas perfect for teenagers or as a work from home space, have captured the attention of a range of buyers seeking a low-maintenance family-sized home.

LUMA’s latest release of townhouses is now selling.

[smartcode_project_cta:default project_id=27783]

Development Victoria is offering prospective purchasers  the  opportunity to buy with just a five per cent deposit, with no progress payments until construction is complete

Development Victoria's LUMA Sunshine North community gathers pace

Melbourne developer Noetic Place has launched its eponymous Hampton apartment development, Noetic Places, offering some of the largest apartments on the market in the burgeoning Bayside suburb.

<a href="/developers/noetic-places">Noetic Places</a> is a celebration of design, landscape and community. <a href="/new-apartments/noetic-place-hampton-28-34-service-street-hampton">Noetic Place</a>, led by Stephen Barrow-Yu, worked extensively with the local council and community to create something that the community could celebrate, and to do that, they brought in the best collaborators.

<a href="/architects/fk-australia">Fender Katsalidis</a>&nbsp;designed the building, while the everpresent <a href="/architects/eckersley-garden-architecture">Eckersley</a> Garden Architecture handled the landscaping.

[smartcode_project:default project_id=134934 project_image_fid=277892]

The building, home to 33 two, three and four-bedroom apartments, has been designed to appear as three individual homes, mimicking the scale of nearby houses on the tree-lined Service Street, within a stroll of Hampton's beach, village and station.

The project's stepped façade features Krause bricks in sandy bayside tones, balancing the warmth of bronze metallic finishes. The exterior design is inspired by local Edwardian homes and beachy tones, featuring a light sandy brick facade with warm metallic details and timber battens.

The development is the second for Hampton-based boutique developer Noetic Places, building on the character of its first – Reunion Place - designed and delivered by the same team 500 metres away.

[smartcode_project:default project_id=134934 project_image_fid=277887]

Barrow-Yu involved neighbours in Noetic Place's design, taking time to listen to community concerns to ensure it is embraced by the Hampton community.

"We know that great architecture and design, and spaces of planted beauty, lift the spirit and add to the environment," Barrow-Yu said.

Two basement levels provide ample car spaces for residents, each with an electric charging capability.

Noetic Place prioritises green spaces by retaining established trees on-site and introducing curated pockets of local and native flora.

Upon entering Noetic Place, residents will be greeted by a lobby where the exterior brickwork textures smoothly transition into a spacious triple-height area featuring rose-tinted travertine stone, lush greenery, an overhead oculus skylight, and distinctive paving below.

[smartcode_project:default project_id=134934 project_image_fid=277890]

For the interiors of the apartments,&nbsp;Fender Katsalidis has chosen finishes and fixtures that align more with custom-designed, architecturally crafted homes.&nbsp;

Each residence is individually designed to maximise natural light and provide views of gardens or the neighbourhood.

[smartcode_project:default project_id=134934 project_image_fid=277881]

Residents will have access to several communal amenities, including a garden to the south of the site, featuring a pavilion with a kitchenette and a library for residents to enjoy.

Noetic Place is only 500 metres from Hampton Street, Hampton's go-to retail strip with specialty stores and eateries, including a grocer, baker, gourmet delicatessen, juice bar and a fruit market.

Evoke Property is marketing Noetic Place.

[smartcode_project_cta:default project_id=134934]

Noetic Place will comprise just 33 large-scale apartments designed by Fender Katsilidis just 500 metres from Hampton Street

Noetic Place Hampton: A celebration of design, landscaping and community

Allen Linz's Rebel Property Group has teamed up with luxury developer Somerset Development Group to launch the latest luxury apartment development in Sydney's affluent Mosman.

They're launching <a href="/new-apartments/eden-mosman-5-brady-street-mosman">Eden</a>, just 13 apartments designed by&nbsp;<a href="/architects/pbd-architects">PBD Architects</a>&nbsp;and&nbsp;<a href="/interior-designers/mim-design">MIM Design</a>&nbsp;at 5 Brady Street, just off Military Road near Hotel Mosman and Harris Farm.

<img alt="Eden" data-entity-type="file" data-entity-uuid="82526720-372c-40db-830d-4d5dd1ad8ae4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-06-12%20at%2011.54.26%20am.png?VersionId=HNtNxyPmZx9RHYRtUoSqNSCuhVhrpR_s" />

&nbsp;

Eden features a sculpted form with an emphasis on enduring materials and rich textures. The facade incorporates subtle curves that create a sense of movement, while extensive glazing offers sweeping views of <a href="/developments/sydney-nsw">Sydney</a> Harbour.

“The masculinity of the built form is tempered through a finer grain layer of detailing including timber-toned screens and natural sandstone landscaped planter walls,” PBD Architects Founder Paul Buljevic said.

<img alt="Mosman Eden Launch - interior" data-entity-type="file" data-entity-uuid="f185b1ce-06d5-4aef-ad43-6beb0077b999" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Eden%20Mosman%20kitchen.jpg?VersionId=JFzAgeA6djLQLKBSmTQvUxT9xmsl9HDd" />

Each apartment includes contemporary interiors and lush outdoor spaces designed to capture natural light.

Interior designer Miriam Fanning said their focus is to inspire their clients with a finished project that goes beyond their expectations.

"Our philosophy is to produce unique and individual design results that not only reflect our clients or their brand, but enhance their lives."

<img alt="Eden" data-entity-type="file" data-entity-uuid="78dcc454-19f1-493d-b95f-19229fa8a15e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-06-12%20at%2011.49.18%20am_0.png?VersionId=IM9VzYW9.w9fl6vz_S8FNzks7n_p7.dp" />

Located just 100 metres from shops and services, Eden offers residents a vibrant harbourside lifestyle in one of Sydney’s most sought-after suburbs.

Somerset Development Group are more well known for building and restoring landmark homes across Sydney, while <a href="/developers/rebel-property-group">Rebel Property Group</a>&nbsp;has created some of Bondi Beach's best apartments.

Eden joins the likes of <a href="/new-apartments/redan-lane-22-redan-street-mosman">Redan Lane</a> by Prosker Property, Kleo by WINIM, and <a href="/new-apartments/mosman-residences-22-clifford-street-mosman">Mosman Residences</a> by Abadeen on the luxury Mosman off the plan apartment market.&nbsp;

mikah.m@urban.com.au

Mosman's luxury off the plan apartment injection continues with Eden launch

National property developer <a href="/developers/sarazin">Sarazin</a> has appointed <a href="/builders/hutchinson-builders">Hutchinson Builders</a> as the construction partner for its new Woolloongabba apartment development, Murcia Residences.

The project, inspired by the Spanish city of Murcia, is designed by <a href="/architects/hal-architects">HAL Architects</a> and aims to offer a relaxed, Mediterranean ambience with extensive outdoor amenities.

<a href="/new-apartments/murcia-residences-east-brisbane-9-overend-street-east-brisbane">Murcia Residences</a> comprises 186 one, two, three, and four-bedroom apartments with open-plan living spaces that integrate indoor and outdoor areas.&nbsp;

Residents will enjoy views of the city, river, and eastern suburbs from deep balconies designed for alfresco living.

[smartcode_project:default project_id=135094 project_image_fid=214645]

Crowning the development will be an infinity pool, accompanied by private poolside cabanas and sun lounges.

Just steps away from the pool will lie the unique wellness centre, where residents can benefit from cold and warm magnesium plunge pools, a sauna, steam room and outdoor showers, as well as alfresco private dining and barbecue facilities.&nbsp;

Read more:&nbsp;<a href="/news/qld/hovering-above-the-gabba-sarazin-produce-special-rooftop-at-murcia-residences">Hovering above The Gabba: Sarazin produce special rooftop at Murcia Residences</a>

Residential amenities will also be featured across the ground level, with new cafes offering a convenient pit stop for residents. The second level of Murcia will feature a fully equipped gym, while there'll also be a dedicated bike repair workshop.

[smartcode_project:default project_id=135094 project_image_fid=214685]

Aside from the luxurious features within Murcia, residents will benefit from their positioning within East Brisbane.&nbsp;

A mere 500-metre walk away from Murcia lies the new Cross River Rail Station, slated for completion in early 2025, with the convenient transportation hub set to connect residents to the rest of the city.

The Overend Street project and its residents will benefit from the substantial investment in the Olympic precinct. Both government and private investors are injecting billions of dollars to establish a thriving 24/7 precinct that will endure long after the conclusion of the 2032 Olympic and Paralympic Games.

Murcia Residences is slated for completion in late 2026.

Read more:&nbsp;<a href="/news/qld/a-front-row-seat-to-the-2032-brisbane-olympics-how-murcia-residences-is-set-to-take-advantage-of-woolloongabba-boom">A front row seat to the 2032 Brisbane Olympics: How Murcia Residences is set to take advantage of Woolloongabba boom</a>

[smartcode_project_cta:default project_id=135094]

Murcia Residences is slated for completion in late 2026

Hutchies to build Sarazin's Murcia Residences in Woolloongabba

Gold Coast downsizers are seeking quality alternatives to traditional housing and apartment options with leading agents claiming the lifestyle demographic is prioritising dwellings with larger floor plans, privacy, and increased security in prime locations.&nbsp;

The multi-award-winning villas at <a href="/developments/isle-of-capri-qld-4217">Isle of Capri</a>’s newest community, <a href="/new-townhouses/capri-villas-81-salerno-street-isle-of-capri">Capri</a>, currently under construction, are hitting the mark with empty nesters, with the majority of sales to date made to downsizers from the surrounding suburbs.

Construction is on schedule for a late 2025 completion, with the first pour of internal roads complete and the first slabs being poured this week.

[smartcode_project:default project_id=139511 project_image_fid=216115]

Local downsizers Chris and Julie Kelaart were quick to secure a three-bedroom villa at <a href="/new-townhouses/capri-villas-81-salerno-street-isle-of-capri">Capri</a> after the <a href="/new-townhouses/gold-coast-qld">Gold Coast</a> couple decided they wanted to elevate their lifestyle while minimising the upkeep and maintenance required by their family home.

“We have lived on the Gold Coast for almost 14 years and with all of our children married it was time to sell the 17-acre family property and downsize to a home that reflects the lifestyle we want for the next stage of our lives,” Mr Kelaart said.

“When we started looking for our next home, we were set on purchasing a new property and we were prepared to buy off the plan.

“With <a href="/new-townhouses/capri-villas-81-salerno-street-isle-of-capri">Capri</a> under construction, we are just so excited because it’s all good and well to look at plans and designs but to see it coming out of the ground is amazing.”

[smartcode_project:default project_id=139511 project_image_fid=213455]

<a href="/new-townhouses/capri-villas-81-salerno-street-isle-of-capri">Capri</a>, developed by Gold Coast-based <a href="/developers/monaco-property-group">Monaco Property Group (MPG)</a> and being built by <a href="/builders/greyburn">Greyburn Building Contractors</a>, is a landmark project representing the largest residential project in the suburb in more than three decades. <a href="/new-townhouses/capri-villas-81-salerno-street-isle-of-capri">Capri</a> occupies a prime 1.2-hectare site set to house 48 architecturally designed luxury villas.

Coming from a large family home, Mrs Kelaart said she was drawn to Capri because she didn’t feel she was compromising on space and liveability yet she gained a new level of luxury with an architecturally-designed villa that felt like a separate dwelling.&nbsp; 
&nbsp; 
“We chose a villa at <a href="/new-townhouses/capri-villas-81-salerno-street-isle-of-capri">Capri</a> because of the exceptional high-quality workmanship and the beautiful design,” says Mrs Kelaart.&nbsp;

“The generous floorplans made us feel like we weren’t resizing our whole lives to fit into a downsizing option and we still have plenty of room to comfortably accommodate our family and friends when they visit with the extra bedrooms and bathrooms.

“The resident facilities are top notch too so the days of Chris sitting on the mower for hours on end are long gone and having someone else to look after the pool will be fantastic.”

[smartcode_project:default project_id=139511 project_image_fid=213450]

Designed by global practice <a href="/architects/plus-architecture">Plus Architecture</a> and award-winning local firm <a href="/architects/bda-architecture">BDA Architecture</a>, the project offers two and three-level villas ranging in size from 241 sqm to 370 sqm with three and four-bedroom options available along with multi-purpose rooms and secure double garages.

NPA Director Andrew Erwin says a villa at <a href="/new-townhouses/capri-villas-81-salerno-street-isle-of-capri">Capri</a> is the “ultimate rightsizer”, offering house-size dimensions in a blue-chip location within a secure, gated community.

“Downsizing is often considered a compromise as it implies you are sacrificing or giving up something but many people in this age bracket do not want to compromise on space and liveability in their new home, instead they want to upscale their lifestyle to suit the next stage of their lives,” Erwin says.

“<a href="/new-townhouses/capri-villas-81-salerno-street-isle-of-capri">Capri</a> offers a villa lifestyle where you don’t have to compromise on space or privacy, yet you have the added benefits of extra security, access to resort-style amenities that you don’t have to maintain, and a prime location close to all the Gold Coast has to offer.

“With construction now full steam ahead and the first residents expected to be welcomed next year, Capri is the perfect option for buyers who want to embrace a lifestyle change within the foreseeable future.”

<a href="/new-townhouses/capri-villas-81-salerno-street-isle-of-capri">Capri</a> offers an exclusive gated community surrounded by world-class resort-style, resident-only amenities including a pool with submerged lounge chairs, a sundeck, an outdoor dining terrace, a covered barbeque area, and a residents lounge complete with kitchen, bar, TV, lounge, and fireplace.

<a href="/new-townhouses/capri-villas-81-salerno-street-isle-of-capri">Capri</a> is more than 60 per cent sold.

[smartcode_project_cta:default project_id=139511]

NPA Director Andrew Erwin says a villa at Capri is the “ultimate rightsizer”, offering house-size dimensions in a blue-chip location within a secure, gated community.

Why rightsizers and downsizers are buying new villas on Isle of Capri

The Department of Planning, Housing and Infrastructure (DPHI) has gazetted an amendment to the <a href="/developments/woollahra-nsw-2025">Woollahra</a> Local Environmental Plan (LEP) 2014, allowing the planning proposal at 136-148 New South Head Road, <a href="/developments/edgecliff-nsw-2027">Edgecliff</a> to proceed with increased density.

The amendment raises the height limit from 14 metres to 46 metres at the 1,748 sqm mixed-use site located three kilometres from the CBD and&nbsp;opposite the Edgecliff Centre and Edgecliff Station.

<a href="/architects/group-gsa">GroupGSA</a> delivered the planning proposal for the development dubbed One Darling Point, which is currently for sale through CBRE and Colliers. International development company,&nbsp;<a href="/developers/anka-property-group">Anka Property Group</a>,&nbsp;directed by Andrew and Vera Boyarsky, are the vendors.

GroupGSA urban design principal Jenna Keyes said the site’s significant location, situated directly across from Edgecliff Station and bus interchange, will contribute to the NSW Government’s aspiration for Sydney to be a 30-minute city.&nbsp;

“Appropriate development of this site presents an opportunity to maximise the benefits of active and efficient transport for more residents and support the newly released housing targets from the NSW Government,” Keyes said.&nbsp;

The New South Head Road corridor provides essential access to transport and services and a significant catchment area including <a href="/developments/darling-point-nsw-2027">Darling Point</a> Peninsula, <a href="/developments/paddington-nsw-2021">Paddington</a>, <a href="/developments/double-bay-nsw-2028">Double Bay</a> and <a href="/developments/rushcutters-bay-nsw-2011">Rushcutters Bay</a>.&nbsp;

Keyes said the rezoning will support future renewal objectives set out in the Greater Sydney Region Plan, including providing an appropriate location for additional housing, fostering growth to meet the community's needs for goods and services, and enhancing the area's roles in recreation, culture, arts, and community hubs.

<img alt="Developers to circle prime Darling Point apartment development site" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-03-25%20at%201.45.01%20pm.png?VersionId=nlFrd7aAx8ImJ3GO0WqpiR_7fPsZHdIB" />

GroupGSA developed a concept design for the site to align with the client’s and Woollahra Council’s vision of delivering the highest standard of architectural and urban design within the rejuvenated urban corridor and revitalised core.

GroupGSA Architecture principal Alister Eden said the site, positioned at the prominent intersection of New South Head and Darling Point Roads, presented “an opportunity to create a gateway building and new focal point” in the transformation of Edgecliff.

“The design is a direct nod to the retained art deco former bank building, and adjacent buildings of a similar architectural style,” Eden said. “The concept was conceived to work in harmony with the existing urban condition, while also delivering a contemporary response to this changing environment.&nbsp;

“An activated public interface on the ground plane is designed to enhance the pedestrian experience of the centre, within what is currently a very vehicle-centric environment. This will improve the social and economic conditions of Edgecliff as a whole, aligning with the future development that is anticipated across adjacent sites.”

In July 2022, Woollahra Council refused the proposal, prompting Anka to call for a rezoning review. Following the success of that outcome, the NSW Department of Planning announced a gateway determination in March of this year.

Council backflipped on its decision by supporting the plans in February 2024, following public submissions which saw 63 per cent of residents in favour of the high-rise development.

In July 2022, Woollahra Council refused the proposal, prompting Anka to call for a rezoning review. Following the success of that outcome, the NSW Department of Planning announced a gateway determination in March of this year

New Edgecliff gateway development expected after height limit triples

Popular watering hole the Northbridge Hotel, and the adjoining commercial precinct Northbridge Village, are set to make way for a new mixed-use retail and apartment building.

SJD, who is well known in Sydney's east for developing the luxury apartment project 1788, has filed plans with Willoughby Council for a new $45 million development comprising 24 apartments above street-level retail at 57-69 Strathallen Avenue, just off Sailors Bay Road and not far from Northbridge Plaza.

Bates Smart has designed the five-level building which has a mix of just three and four-bedroom apartments. Two EV charging bays will feature in the two-level basement that will cater for 51 cars for both residential and retail use.

There's been little in the way of off the plan activity in Northbridge in recent years. There had previously been plans for Escarp, across the road at 46 Strathallen Avenue, however they failed to eventuate.

The only recent project to launch locally was with WINIM, who in October last year launched&nbsp;Flō, just seven townhomes and five apartments opposite Northbridge Shore Playing Fields and just a few hundred metres down the road from Northbridge Plaza and the popular Warners Park.

First look: Northbridge Hotel to make way for new mixed-use development

Sekisui House&nbsp;Australia has released an exclusive collection for the second stage of Glade Apartments in their Wentworth Point masterplan community, Sanctuary.

The exclusive release comprises just eight four-bedroom waterside apartments boasting generous floor plans ranging from 198 sqm to 204 sqm.

<img alt="Stage Two of Glade Apartments, Sanctuary - living kitchen" data-entity-type="file" data-entity-uuid="3bab5a09-9792-4dfe-9073-8095f9032989" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Glade-Apartments-kitchen.jpg?VersionId=NuXHkugqnLaDkXmJ2YU0FZDHp27kep3H" />

Each residence features meticulously designed interiors with open-plan living areas and multiple balconies that offer north-west and east-south views of the river and parklands.

Central to these residences is the expansive kitchen equipped with a full-height pantry cupboard and upgraded Fisher &amp; Paykel appliances, including a fully integrated fridge.

<img alt="Stage Two of Glade Apartments - balcony" data-entity-type="file" data-entity-uuid="b44057d8-907d-4910-86f2-a76a897d8115" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Glade%20balcony%20%281%29.jpg?VersionId=GxvXnUe_vp7cjSpwo_j5LlEkQwyX8EZL" />

The balcony is an extension of the living space, featuring a BBQ unit and a stone bench for convenient alfresco hosting.

With a focus on the health and wellbeing of residents, this stage will feature a central 3,150 sqm Neighbourhood Green providing an elevated flexible open space, covered communal dining area, BBQ area, and water play along with an exclusive multi-level facilities building—Revive.

<img alt="Stage Two of Glade Apartments, Sanctuary - Revive amenities" data-entity-type="file" data-entity-uuid="f3b982b4-00c1-491f-8485-f915773a6c63" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Glade%20Revive-min.jpg?VersionId=znFjHzkT_uZEnJwHn2adXqQmUBqGZTkJ" />

Upon completion, the six-stage Sanctuary masterplan by&nbsp;<a href="/developers/sekisui-house-australia">Sekisui</a>&nbsp;will be home to around 2000 waterfront apartments, specialty retail and dining surrounded by generous public open spaces and outdoor activations such as foreshore park, BBQ areas and children’s playgrounds.

Released after the sold-out Landing stage, <a href="/new-apartments/laguna-glade-3-5-sea-rush-street-wentworth-point">Laguna &amp; Glade</a> is located at the heart of Sanctuary’s master plan and consists of a total of 163 premium waterside apartments.&nbsp;

<a href="/architects/pbd-architects">PBD Architects</a> designed the 13-level Laguna building and the eight-level, 70-apartment Glade.

The starting price for Glade's exclusive release is set at $3 million, with move-ins expected by the end of 2024.

[smartcode_project_cta:default project_id=139793]

The starting price for Glade's exclusive release is set at $3 million, with move-ins expected by the end of 2024

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