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

Joel Robinson

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

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

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

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

ALTA Property to deliver $200 million Queens Road apartment tower

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

A new residential development is in the works for Brisbane's&nbsp;<a href="/new-apartments/chermside-qld-4032">Chermside</a>.

A private Sydney developer has lodged plans for a new 12-level apartment building at 8-12 Playfield Street, a 1890 sqm site on the fringe of Westfield Chermside.

There a currently a handful of houses on the four-site amalgamation that will make way for the new project.

<img alt="Proposed apartment development at Chermside site" data-entity-type="file" data-entity-uuid="76a44105-7afb-43b0-a811-19e5413e9531" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Chermside%20apartments%20building.png?VersionId=NR_ztolgWYbkDb1b3HQCKWvMG5p5iQAd" />

The development plan includes 62 apartments designed squarely for the owner-occupier. There will be 40 three-bedroom apartments, 20 four-bedrooms, and two five-bedroom penthouses.

The larger apartments have been incorporated to provide an alternative to families and professionals looking for detached or semi-detached housing, the planning documents note.

The project includes parking for 151 vehicles spread across three basement levels, 135 spaces allocated for residents and 16 for visitors.

Designed by <a href="/architects/ana-architects">Angelo Nicolosi &amp; Associates Architects</a>, the proposed apartment building includes an attractive pedestrian access point connecting directly to the proposed footpath on Playfield Street.&nbsp;

<img alt="Proposed apartment development at Chermside site - entrance" data-entity-type="file" data-entity-uuid="eb1e0943-e0e5-4926-8f54-c27a98bedb15" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Chermside%20apartments%20entrance.png?VersionId=EAy.lDRAYEtA1g1ZMSQA5KCmsL0FCclY" />

The entryway is designed to be clear, defined, easily accessible, and complemented by generous landscaping, leading to the lobby, lifts, and the ground floor private wellness centre gym.&nbsp;

All apartments are designed for low-maintenance living, offering high-quality, house-sized units with ample private open spaces directly accessible from primary living areas—following the principles of subtropical design. This design approach aims to optimise natural elements such as sunlight, ventilation and breezes for future occupants.&nbsp;

Situated in Chermside's heart, the development offers proximity to key amenities such as the Prince Charles Hospital, Chermside Shopping Centre, recreational spaces, and public transport infrastructure.

Sydney developer proposes new Chermside apartments

The Victorian Government's property developer, <a href="/developers/development-victoria">Development Victoria</a>, has revealed detailed plans to redevelop the <a href="/developments/ivanhoe-vic-3079">Ivanhoe</a> water tank site, and its looking for a development partner.

The 6,220 sqm site at 421 Upper Heidelberg Road, which includes a decommissioned Yarra Valley Water tank that has been inactive since 2004, sits near the Austin Hospital on the corner of Bell Street and Upper Heidelberg Road.

Around 275 apartments designed by Architectus are envisioned for the site, with a minimum of 10 per cent for affordable housing.

Development Victoria is working with Banyule City Council, the Ivanhoe community and other stakeholders on a Development Plan for the decommissioned Yarra Valley Water tank site. The Development Plan includes provision for up to 12 levels of housing that would suit several development outcomes, including build-to-sell, build-to-rent, retirement and aged care.

<img alt="Ivanhoe Water Tank Site - building" data-entity-type="file" data-entity-uuid="2970f7d1-5ed6-4898-b167-ab386de00bc5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Redevelopment%20of%20the%20Ivanhoe%20Water%20Tank%20Site%20-%20building%20orientation.png?VersionId=Cze_kErZezu03REetfdGxZhidJvS8Y48" />

Development Victoria's plan includes a new council par. kIn addition to housing, the plan emphasises the creation of flexible ground-level spaces capable of accommodating commercial uses and high-amenity communal areas, which will offer park vistas, integrated seating, shelters, barbecues, and gardens landscaped by <a href="/landscape-architect/tract-landscape-architects">Tract</a>.

Underground basement car parking will be provided for residents, alongside sustainable transport initiatives such as cycling facilities, car-share programs, and a suite of sustainable development features.&nbsp;

<img alt="Ivanhoe Water Tank Site - park" data-entity-type="file" data-entity-uuid="beaa0386-b129-400d-a38c-9d9785e50414" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Redevelopment%20of%20the%20Ivanhoe%20Water%20Tank%20Site%20-%20Park.png?VersionId=p20_ChTxi0wc1sooQyLMCKPrWMvQP00H" />

An Environmentally Sustainable Development (ESD) Report prepared by <a href="/developers/hip-v-hype">Hip V. Hype</a> outlines key targets, including Green Star Buildings 5-star certification, 7.5-star average NatHERS rating, and 6.5-star minimum NatHERS rating for each apartment.

Over the coming months, the project will advance to the next phase which involves mitigating risks through demolition and site remediation.

Colliers’ Residential National Director, Jozef Dickinson, said partnership opportunities with esteemed sponsors like Development Victoria are exceedingly rare and we anticipate robust interest from capable developers to form part of this process.

"In an environment where discussion around housing supply has never been more prominent, it a great to see Development Victoria keen to get on with delivering a great vision for the site in an ideal&nbsp;location for housing, close to public transport, the Austin Hospital, quality schools and a thriving retail community,” Dickinson said.

Colliers’ Development Sites Executive, Philip Heberling, said that the asset is a key opportunity to implement a holistic response to sustainable development.

“The Development Plan aims to effectively integrate occupant-focused spaces, reductions in life-cycle carbon emissions, improved resource efficiency, and enhanced natural systems consistent with climate resilient principles," Heberling said.

“The project prioritises sustainable outcomes to realise a high-performing project that benefits people, place and planet."

Development Victoria seek partner for Ivanhoe Water Tank Site redevelopment

Following the success of its most recent Collins Wharf apartment tower, Regatta, ASX-listed developer Lendlease has unveiled its next stage.

They're launching <a href="/new-apartments/ancora-at-collins-wharf-docklands-971-collins-street-docklands-vic-3008">Ancora at Collins Wharf</a>, at 971 Collins Street, Docklands, having sold over 80 per cent of <a href="/new-apartments/regatta-at-collins-wharf-docklands-951-collins-street-docklands">Regatta</a>.

Warren and Mahoney has been engaged again to design Ancora, a 28-level tower with 303&nbsp;residences that offer uninterrupted views of either Victoria Harbour towards the city or the Yarra River across to Port Phillip Bay.

[smartcode_project:default project_id=9779 project_image_fid=263996]

Prices will start from $660,000 for the 276 one, two and three-bedroom apartments that sit in the Waterfront Collection.

The Premier Collection comprises 27&nbsp;residences across a range of townhouses, penthouses, and larger-scale apartments that will soon become available.

Ancora residents will enjoy a hotel-style lobby with concierge service, a private dining room to entertain guests, and the lush, landscaped surrounds of two rooftop terraces located at level for and level 16 with panoramic views, plus a wintergarden.

[smartcode_project:default project_id=9779 project_image_fid=263997]

Ancora will also connect to the neighbouring Regatta via a podium that allows easy access for residents to a range of facilities that promote wellness including an indoor swimming pool, spa, sauna and steam room, gym and multipurpose rooms.

Designed as an all-electric building with electric vehicle infrastructure, the development will target 5 Star Green Star certification.

As part of the Collins Wharf precinct, Lendlease is delivering new public spaces. Ancora will be surrounded by over 5,000sqm of new parkland including a new green space being delivered in tandem with the residences. Designed by landscape architect Openwork and inspired by First Nations culture, it will feature Indigenous plants and include workout and fitness stations, covered seating areas, play zones, and open lawns.

[smartcode_project:default project_id=9779 project_image_fid=263995]

Residents will enjoy being only a short walk from Melbourne’s CBD and the close proximity to Melbourne city’s best hospitality, sports, arts and entertainment while having access to exceptional transport options at the doorstep.

Early works for Regatta are already underway, with construction of Ancora set to commence later this year and anticipated for completion in 2027.

Daniel Dugina, Executive Director of Development at Lendlease, said the release has been brought forward in response&nbsp;to the demand from buyers seeking a quality home within this desirable waterfront neighbourhood, on the edge of the CBD.

“Ancora at Collins Wharf is the next stage of our ongoing commitment to deliver more housing in prime locations in Melbourne, with the precinct stretching the city’s famed Collins Street further westwards to engage with the water, connecting its maritime past with the contemporary vibrancy of the city.”

[smartcode_project_cta:default project_id=9779]

Lendlease unveil latest Collins Wharf apartment tower, Ancora

New apartment plans have been lodged for a $67 million shop-top apartment development in Rouse Hill.

The project, on a 12,000 sqm site at&nbsp;87 Cudgegong Road, involves the amalgamation of three super lots where a private developer&nbsp;is planning two five-level buildings designed by&nbsp;<a href="/architects/srh-architecture">SRH Architecture</a>.

The three lots will be carved up, with building one positioned on 3,719 sqm fronting a new road to be delivered by the NSW Government, and lot two spanning 5,002 sqm. Lot three, at just over 3,000 sqm, will be given back to the Blacktown Council to form a public reserve.<img alt="Rouse Hill proposal - apartment front" data-entity-type="file" data-entity-uuid="cc4c1569-0931-40c5-bad9-86d5941a1a22" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/87%20CUDGEGONG%20ROAD%2C%20ROUSE%20HILL%20-%20Front.png?VersionId=OvhZSx42lZaosypPRzgSwkFGzBwJoWFW" />

&nbsp;

The building on the smaller lot will have 84 apartments with 101 parking spaces, while the larger lot will have 92 apartments across five levels.

The 176 apartments will sit above three commercial tenancies and an 85-place childcare facility, as well as 288 car parking spaces across both buildings. There will be nearly 60 per cent two-bed apartments and around 30 per cent one-beds, with the rest three-bedrooms.

&nbsp;

First look: $67 million shoptop apartment development in Rouse Hill proposed

To make homeownership accessible to a wider demographic, Spacious Property&nbsp;is offering buyers at their Voyage Altona apartments an opportunity to secure them with just a five per cent deposit.

Situated on a 2,000 sqm plot in the heart of the major activity centre, <a href="/new-apartments/voyage-altona-102-106-pier-street-altona">Voyage</a> will consist of 52 one, two, and three-bedroom apartments.

With prices starting from $502,000 for a one-bedroom, buyers can secure an apartment with a $25,100 deposit, or a $52,000 deposit for a three-bed which start at $1.04 million.

[smartcode_project:default project_id=112195 project_image_fid=241500]

Designed by <a href="/architects/map-architecture">MAP Architecture</a>, Voyage Altona showcases an asymmetrical form and refined materiality that pays homage to its location.

The interiors feature a layered and textured minimalist design aesthetic, characterised by a neutral colour palette, warm tones, and timber flooring.

[smartcode_project:default project_id=112195 project_image_fid=241503]

Apartments come equipped with Miele appliances and stone benchtops and feature full-height windows that offer panoramic views of the bay and surrounding landscape.

Situated approximately 13 kilometres southwest of <a href="/new-apartments/melbourne-vic">Melbourne</a>'s CBD and adjacent to <a href="/new-apartments/williamstown-vic-3016">Williamstown</a>, Voyage Altona provides convenient access to urban amenities, public transportation, the <a href="/developments/altona-vic-3018">Altona</a> shopping centre, and Altona beach, making it an attractive choice for potential residents seeking a well-connected and vibrant lifestyle.

Voyage Altona is slated for completion by <a href="/builders/valeo-construction">Valeo Construction</a> in mid-2025.

[smartcode_project_cta:default project_id=112195]

Voyage Altona is slated for completion by Valeo Construction in mid-2025

Five per cent deposit offer at Voyage Altona apartments

First home buyers are back in the market across Sydney.

Having left in droves following the RBA's quickfire burst of interest rate hikes, first home buyers are starting to emerge in the off the plan apartment space.

Data from Apartments.com.au's data product MatterFact shows a 30 per cent spike in enquiry from first home buyers in the first three months of 2024 compared to the last three months of 2023.

Compared to 12 months ago, first home buyer enquiry is up 35%.

The spike in enquiry is part due to more confidence in the interest rate having more than likely reached its ceiling, and part due to an increase in stock levels in more affordable projects. It's now been three consecutive months where the RBA has kept interest rates on hold, and the expectation is, despite higher than expected inflation figures in Q1, that rates will start to come down a few times in 2025, if not earlier.

Data from the ABS suggests first home buyers are too. Nationally first home buyers rose by 4.3 per cent to 9,377 of new loans written after a 5.6 per cent fall in January. In New South Wales first home buyer activity rose 6.4 per cent, double the rate of Queensland. First home buyer loans rose just 1.3 per cent in Victoria.

Dave Milton, CBRE Managing Director of Residential Projects, says they've seen first home buyer numbers increase by 11 per cent in the first four months of 2024 compared to 2023.

[smartcode_project:default project_id=112233 project_image_fid=221620]

Milton says the majority of those first home buyers (56 per cent), are seeking two-bedroom apartments rather than one-bedrooms.

"First home buyers are arguably the savviest cohort in the market at the moment," Milton says.

"They're calculating how much they can spend and they're moving quickly before there are price increases, which are happening across the whole market. They don't want to wait and find their budget, which could have got them a two-bedroom apartment a few months ago, now only gets them a one-bed."

The value of off the plan apartments is too rising quickly.&nbsp;The average sale price for first home buyers across CBRE's projects has jumped over 10 per cent year on year, from $748,000 to $827,000.

Most first home buyers are couples who are buying the more expensive two-beds, CBRE's data shows, happier to pay more for what they want rather than drop their requirements to fall under the government's stamp duty benefits.

The biggest increase in first home buyer activity has been in the Hills District, in particular in Castle Hill's Showground Precinct where CBRE is selling Deicorp's Hills Showground Village and The Ashford.

[smartcode_project:default project_id=133881 project_image_fid=209805]

"First home buyers are recognising the lifestyle Castle Hill offers, with the important driver the new Sydney Metro which will open in mid-2024 and connect Castle Hill to Barangaroo in 33 minutes," Milton says.

Then there's the evolution of the northwest growth corridor as a whole. Castle Hill has seen significant investment over the last five years, while its location on the fringe of Chatswood adds further connectivity and&nbsp;another retail precinct.

"It's now a convenient choice for young first home buyers, with access to both the city and an increasing amount of local amenity," Milton says, adding that demand from first home buyers is only likely to increase over the course of 2024.

Dave Milton, CBRE Managing Director of Residential Projects, says they've seen first home buyer numbers increase by 11 per cent in the first four months of 2024 compared to 2023

First home buyer activity lifts across Sydney's off the plan apartment market as interest rates steady

Romano Property Group (RPG) has unveiled its latest project, the Napier 235 apartment development, situated in the heart of Fitzroy.&nbsp;

The fully integrated property developer led by Maurice Romani has launched <a href="/new-apartments/napier-235-235-napier-street-fitzroy">Napier 235</a>, a boutique project of just 14 two and three-bedroom apartments named after its ideal location at 235 Napier Street, near the Napier Hotel and <a href="/developments/fitzroy-vic-3065">Fitzroy's thriving hospitality scene</a>.

<img alt="Napier 235 launch - dining" data-entity-type="file" data-entity-uuid="b3f4ae2d-0b1a-48cb-8036-217439fc62d5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Napier%20235%20Dining.png?VersionId=_Wy4FDumD_WeDItSPf80taD5i48SYuqp" />

Designed by <a href="/architects/ewert-leaf">Ewert Leaf</a>, Napier 235 features sculptural geometric exteriors that blend with the lush green surroundings landscaped by <a href="/landscape-architect/florian-wild">Florian Wild</a>.&nbsp;

Each residence is designed to be light-filled and north-facing, with living areas that connect to private terraces via floor-to-ceiling sliding doors and windows, offering treetop views.

The focal point of the apartments is the kitchen, equipped with Miele and Gaggenau appliances and featuring a 3.5-meter-long, full-stone dining and kitchen island bench. Most units include a built-in bar with a wine fridge and a walk-in pantry.

<img alt="Napier 235 launch - kitchen" data-entity-type="file" data-entity-uuid="396f65ec-df3e-4d2a-b492-ff03ad0d102b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Napier%20235%20Kitchen.png?VersionId=AHV74x1MmnD4nYqa1N7s.MyynrOLdpmR" />

Residents of Napier 235 will also have access to a shared rooftop area. The development is recognised for its sustainability efforts, ranking in Victoria's top five per cent for sustainable developments as per Victorian Planning Policy benchmarks.

Situated adjacent to Brunswick Street and Johnston Street, Napier 235 offers easy access to the vibrant Fitzroy scene, where residents can enjoy a plethora of dining options, trendy cafes, shopping boutiques, and green spaces right at their doorstep.

Designed by Ewert Leaf, Napier 235 features sculptural geometric exteriors that blend with the lush green surroundings landscaped by Florian Wild. 

New Fitzroy apartment development, Napier 235, launches

Builder developer&nbsp;Burbank Urban has launched a limited release of homes in its new townhouse development in the heart of Camberwell.

No.1 Camberwell comprises 16 three and four-bedroom free-standing and semi-detached homes starting from $2.3 million.

More than half of the homes sit on large corner lots with&nbsp;spacious courtyards and multiple perspectives, while over half of the 5,000 sqm plus site at 1 Cooloongatta Road, just off Riversdale Road, is dedicated to greenery and open space.

<img alt="No.1 Camberwell launch - back" data-entity-type="file" data-entity-uuid="a85c9b8a-9852-46f1-b6c5-3fa932348ee2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/No.1%20Camberwell%20back.jpg?VersionId=SGlqEV0Ro2yGpAcEjPKPU_jT3xBPoZSU" />

Designed by <a href="/architects/genton">Genton</a>, each home at No.1 Camberwell showcases a rare proposition in a premium location - unique architectural style, premium finishes, and diverse floor plans.

“We strove to design well-functioning, warm and inviting spaces that still have that grandeur and can impress,” Sylvanna Mitri, Interior Designer at Austin Design Associates, said.

<img alt="No.1 Camberwell launch - interior" data-entity-type="file" data-entity-uuid="1c97d765-ad07-40ab-8098-edbba86d4b9e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/No.1%20Camberwell%20interior.jpg?VersionId=GGTwBryblfGy74IYLLgiRph5VFS6X0g4" />

This approach is evident in the expansive high-ceiling rooms and large double-glazed windows that provide outlooks onto greenery.

Ben Scott from Ben Scott Garden Design said a standout feature of the homes is their serene, immersive outdoor spaces.

"Expansive and inviting, they extend each home far beyond four walls," Scott said.

<a href="/builders/burbank-urban">Burbank Urban</a>&nbsp;will be builder developer on No.1 <a href="/developments/camberwell-vic-3124">Camberwell</a>.

&nbsp;

Burbank Urban launch No.1 Camberwell townhouses

Queensland developer Marquee Development Partners has launched its 11th apartment development on the Gold Coast, on a prized&nbsp;beachfront site at the booming southern end of the region.

<a href="/new-apartments/la-belle-palm-beach-332-the-esplanade-palm-beach">La Belle Palm Beach</a>, on the Gold Coast’s largest remaining absolute beachfront site and which was formerly owned by multiple world motorcycle champion Mick Doohan, will comprise 74 premium beachfront apartments over 14 levels that will take advantage of sweeping views from <a href="/developments/surfers-paradise-qld-4217">Surfers Paradise</a> to <a href="/developments/coolangatta-qld-4225">Coolangatta</a>.

The project on 3300 sqm with 40 metres of beach frontage, hass three, four and five-bedroom configurations on offer, with internal living spaces between 150 sqm and 680 sqm, catering for the owner-occupier.

[smartcode_project:default project_id=102340 project_image_fid=273591]

The scale of the site has allowed Marquee to infuse a collection of five double-storey beach homes into the La Belle <a href="/developments/palm-beach-qld-4221">Palm Beach</a> design, with beach homes offering up to a generous 388 sqm of living space.

Apartments will be surrounded by a beach oasis which will be accentuated by the size of the site and the boutique nature of the larger apartment designs. They are priced from $2.15m.

“Palm Beach has emerged as one of the Gold Coast’s most sought-after markets and La Belle is a world-class project that we have designed to meet sustained demand for premium residences on the southern Gold Coast,” Marquee Development Partners Director, Jacques Winterburn, said.

“We’re taking full advantage of this extremely rare site to create a residential masterpiece that not only meets the needs of discerning buyers, but also remains true to the spirit that sets the southern Gold Coast apart.

“La Belle Palm Beach stands as Marquee's crowning achievement, marking our 11th venture on the Gold Coast.

"With seven successful projects already completed and three more sold out and underway, we’re excited to be presenting another development that we know will resonate with owner-occupiers, as well as people seeking a holiday home”.

[smartcode_project:default project_id=102340 project_image_fid=273595]

The Palm Beach development comes on the heels of a sellout of the company’s latest Gold Coast project, the $126 million Monterey Kirra Beach, which is earmarked for one of the last remaining beachfront sites at Kirra. Apartments at Monterey sold for an average of $5.79 million each during the last three months of sales.

Marquee has already fielded inquiries from local downsizers and interstate buyers for La Belle Palm Beach.

Marquee Development Partners Sales Manager, Azura Griffen, said many inquiries have come from several buyers who have purchased in their earlier projects.

“We are seeing demand for our products holding up extremely well, especially for beachfront apartments where we know there is an acute shortage of supply." Griffen said.

[smartcode_project:default project_id=102340 project_image_fid=273598]

Designed by award-winning Cottee Parker Architects and detailed by BDA Architecture, La Belle&nbsp;is set to offer a diverse range of amenities including a heated outdoor pool and spa, multiple teppanyaki dining bars and entertaining areas, and a resident’s lounge with a billiard room, bar and a large screen TV, designed for entertaining and hosting gatherings.

La Belle Palm Beach will also feature a wellness centre with a state-of-the-art gymnasium, yoga and Pilates movement room, Nordic and Infrared saunas, indoor hydrotherapy hot pool and two cold plunge immersion baths.

A hotel style lobby with arrival lounge comes with private offices, meeting work-from-home needs.

[smartcode_project:default project_id=102340 project_image_fid=273597]

La Belle Palm Beach is located at 332 The Esplanade in the highly coveted North Palm Beach area.

“La Belle Palm Beach presents a unique opportunity where residents can seamlessly step straight onto the sand without navigating through roads or pedestrian pathways,” Griffen added.

“Situated next to a thriving small community surf lifesaving club and cafe, it provides the rare privilege of enjoying a year-round patrolled beach right at your doorstep and a sensational spot to catch up with friends for a café latte.”

Marquee is anticipating a start to construction for La Belle Palm Beach in July 2024.

[smartcode_project_cta:default project_id=102340]

Marquee is anticipating a start to construction for La Belle Palm Beach in July 2024

Marquee launch La Belle Palm Beach apartments

Construction has commenced on the $20 million <a href="/new-apartments/one-reynolds-1-5-reynolds-street-hampton-east">One Reynolds</a> apartment development in <a href="/developments/hampton-east-vic-3188">Hampton East</a>, marking a significant milestone in the project's contribution to the State Government Social Housing Program.

<a href="/builders/chase-building-group">Chase Group</a>, in collaboration with <a href="/builders/casurban">CasUrban</a>, has been selected as the builder for One Reynolds, an eight-level development set to house 83 apartments designated for Housing Choices Australia.

<img alt="One Reynolds construction commenced - front" data-entity-type="file" data-entity-uuid="441e363f-8c59-4ce9-b021-44b5905e9425" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/One%20Reynolds%20front.jpg?VersionId=Y_zWC.Gl4WpzsgA6TIicBDDX.5RBUb8." />

Designed by <a href="/architects/rothelowman">Rothelowman</a>, One Reynolds features a range of flexible floor plans, offering one, two, and three-bedroom apartments.

The emphasis is on creating functional, modern living spaces that maximise natural light and provide views of the surrounding gardens and urban scenery.

Each apartment will feature Bosch cooking appliances, stone benchtops, and a palette of neutral tones inspired by the ocean, fostering a sense of coastal warmth.

The design encourages residents to personalise their living spaces while maintaining a cohesive aesthetic throughout the development.

<img alt="One Reynolds construction commenced - backyard" data-entity-type="file" data-entity-uuid="b23837ad-699d-4373-aaac-f8edad8c5066" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/One%20Reynolds%20backyard.jpg?VersionId=NAz6Hf5K0lj0986GwL3w6XAPnz9RDt8y" />

One Reynolds places a significant focus on its commitment to creating a vibrant and engaging living environment through communal rooftop amenities, including edible gardens, and entertainment areas overlooking panoramic views from the bay to the city skyline.

Conveniently located, One Reynolds places residents within 350 metres of Moorabbin station, just a five-minute drive from Westfield Southland and seven minutes from Hampton Beach.

Completion for One Reynolds is slated for late 2025.

[smartcode_project_cta:default project_id=134533]

Designed by Rothelowman, One Reynolds features a range of flexible floor plans, offering one, two, and three-bedroom apartments

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