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“Minister Chanthivong and his team have shown real leadership in replacing an outdated two-year bond with cover that matches the lifespan of the buildings people are buying into.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

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

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

Launch Alert: Level 33 launch Wollongong apartment development, Easterly

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

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

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

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


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

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

DOMA starts construction on Newcastle's The Store apartments

Construction company&nbsp;<a href="/builders/cs-development-group">CS Development Group</a>&nbsp;has completed the demolition at Pavilion The Residences in Upper Mount Gravatt, the latest development by&nbsp;local developer&nbsp;<a href="/developers/oakridge-property-group">Oakridge Property Group</a>,

<a href="/new-apartments/pavilion-the-residences-upper-mount-gravatt-110-klumpp-road-upper-mount-gravatt">Pavilion The Residences</a>, situated adjacent to the Mimosa Creek nature reserve, is designed to encompass three five-level pavilion-style structures, replacing the existing two-storey residence on the site. The buildings are scheduled to commence construction in June.

[smartcode_project:default project_id=134587 project_image_fid=238079]

Once completed, Pavilion The Residences will offer a total of 144 apartments with a diverse range of configurations, including 52 one-bedroom, 72 two-bedroom, and 20 three-bedroom units.

Oakridge enlisted <a href="/architects/mas-architecture-studio">MAS Architecture Studio</a> to craft the design for the Pavilion, employing a sub-tropical aesthetic marked by profound balcony overhangs and strategic fenestration to prioritise solar aspect, orientation, and harmonious integration with the natural surroundings.&nbsp;

Nick Simmons, director of <a>MAS Architecture Studio</a> said that the process for Pavilion has been very collaborative with interior design studio Corner iD and the landscape architect "to make sure our design is holistically gelled together as one entire piece."

[smartcode_project:default project_id=134587 project_image_fid=238077]

Pavilion The Residences also includes exclusive amenities including a landscaped central courtyard which will be used as a common recreation space. That will feature barbecue facilities and a swimming pool which will sit between each tower's lobby.

The development is strategically located less than 15 minutes from <a href="/new-apartments/brisbane-qld">Brisbane</a>'s CBD, with easy access to major transport hubs like the M1 and Brisbane Metro.

The first stage to hit the market will be the Hibiscus Residences.

[smartcode_project_cta:default project_id=134587]

The first stage to hit the market will be the Hibiscus Residences

Demolition paves way for Upper Mount Gravatt's Pavilion The Residences

Builder developer Bathla has submitted $286 million plans for a new mixed-use development in Cabramatta.

The masterplan will comprise six buildings, each with a distinct architectural character, comprising a total of 673 apartments and 2,576 sqm of non-residential space.

They've commissioned HCKL Architecture to create a "vibrant and inclusive community by combining residential and mixed-use elements within the site."

<img alt="Bathla submits $286 million mixed-use development in Cabramatta" data-entity-type="file" data-entity-uuid="42d79580-0eec-43a9-bbc9-453b6ec20d13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/CABRAMATTA%20location.png?VersionId=rFVZNH0AzhW88UKqFS8ccoOoM9OND_D5" />

Each building showcases unique architectural details, using materials such as timber-look cladding, concrete finishes, and varied render colours to create visually appealing structures.&nbsp;

The development will provide extensive public areas, including a plaza and park, to enhance community engagement and connectivity.

<img alt="Bathla submits $286 million mixed-use development in Cabramatta - buildings" data-entity-type="file" data-entity-uuid="de029f76-52ec-4e3d-964c-cfa74681cd27" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/CABRAMATTA%20buildings.png?VersionId=.3pGoPpJ17ca8Amj_YnWd_G0Dp0sNU3E" />

The layout strategically places the building blocks along the site's axis, creating a thoroughfare that links a proposed public plaza on Longfield Street with a park on Chadderton Street. Basement parking access points are situated at the four corners of the site.

Public landscaped areas and secure, enclosed "urban backyards" are integrated into the building footprints, offering a blend of public and private green spaces. These areas aim to balance urban and residential elements, providing serene environments amidst the bustling urban setting.

Project Breakdown:

<ul>
	<li>Block 1, located in the southwest corner, will feature 100 residential units and non-residential spaces on the ground level, opening onto a proposed plaza.</li>
	<li>Block 2, with 171 units, will be in the site's western middle section, offering an internal backyard for residents.</li>
	<li>Block 3, in the northwest corner, will include 96 units and provide seamless access to the proposed park.</li>
	<li>Block 4, situated in the northeast corner, will house 110 units and feature a secure internal backyard.</li>
	<li>Block 5, on the eastern side opposite Block 2, will have 126 units and an internal backyard.</li>
	<li>Block 6, with 70 units, will be on Longfield Street in the southeast corner, facing Block 1 and opening onto the vibrant plaza.</li>
</ul>

The masterplan will comprise six buildings, each with a distinct architectural character, comprising a total of 673 apartments



Bathla plots $286 million mixed-use development in Cabramatta

Melbourne developers Roulston and Moda have teamed up to release a rare opportunity to buy an off the plan apartment on Malvern East's Central Park.

The project, dubbed&nbsp;<a href="/new-apartments/central-park-malvern-east-385-387-wattletree-road-malvern-east-vic-3145">Central Park</a>, has been designed by architecture firm <a href="/architects/ewert-leaf">Ewert Leaf</a> at 385-387 Wattletree Road, at the northern end of Central Park near Riserva Wine and the Burke Rd/Wattletree Rd tram stop.

Construction will commence in August 2024 on the 29 apartments that will match the landscaping of the neighbouring seven-hectare park.

<img alt="Central Park" data-entity-type="file" data-entity-uuid="7c5f2673-54cd-42d7-af72-70a871517caf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-27%20at%201.22.02%20pm.png?VersionId=ED3GdnvoZjyxYFNtGjv9MdHaymxxjo1a" />

Central Park will be built in compliance with the Nationwide House Energy Rating Scheme’s (NatHERS) new Whole of Home rating, helping to support the economy’s transition to net zero emissions by 2050. It will be home to around 1,843 plants, enforcing&nbsp;a strong commitment to sustainability as well as connecting residents directly with nature with landscaping by <a href="/landscape-architect/jack-merlo">Jack Merlo</a>.

It will feature a&nbsp;30,000-litre rainwater tank and high-quality insulation for energy efficiency, as well as EV charging&nbsp;capabilities in each car space, rooftop panels targeting sustainable energy production and lower energy bills, as well as parcel lockers with a smart lock system.

<img alt="Central Park" data-entity-type="file" data-entity-uuid="c1577427-65bd-45d7-a081-c00d4261f483" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-27%20at%201.21.54%20pm.png?VersionId=Cmzd8COc7NI4sE6DZt9WMtN.DPX8tUUA" />

<a href="/project-marketer/marshall-white-projects">Marshall White Projects</a> Director Leonard Teplin said Central Park represents a unique amalgamation of high-end luxury living against the backdrop of <a href="/new-apartments/malvern-east-vic-3145">tranquil suburbia</a>.

“Central Park is being built with sustainability for the future at the forefront of its design and this is reflected in both the extensive amenities and natural surrounds on offer to all residents,” Teplin said.

“This development is situated directly opposite the iconic Malvern East Central Park, and as a result, residents will have access to the best of both worlds – leafy surrounds and the iconic Malvern shopping precinct.

“Purchasing an apartment at Central Park will be a rare opportunity for buyers to live in a modern apartment directly opposite this landmark Malvern East location.”

[smartcode_project_cta:default project_id=134094]

Marshall White Projects Director Leonard Teplin said Central Park represents a unique amalgamation of high-end luxury living against the backdrop of tranquil suburbia

Rare new apartment development launched on Malvern East's best park

There's no slowing down in the prestige sector of the market on the Gold Coast.

FARO Broadbeach, the joint venture between&nbsp;<a href="/developers/bottega-property-group">Bottega Property Group</a> and <a href="/developers/5point-projects-pty-ltd">5Point</a>, has seen its penthouse sell for over $10 million, selling for $30,000 per sqm, a record for an off-beach apartment development.

The sale took the luxury development at 123 Old Burleigh Road to 50 per cent sold, with <a href="/news/qld/faro-broadbeach-secures-15-million-in-sales-following-christmas-launch">$15 million worth of apartments sold within the first week of marketing</a>.

[smartcode_project:default project_id=31666 project_image_fid=246696]

The $80 million <a href="/new-apartments/faro-broadbeach-123-old-burleigh-road-broadbeach">FARO</a>, comprising just 15 apartments just one row back from the Broadbeach sand, is a redesign and relaunch of the former 123OBR project which Bottega was marketing before COVID hit.

Designed by <a href="/architects/plus-architecture">Plus Architecture</a>, FARO will home 11 full-floor, three-bedroom apartments, three five-bedroom sub-penthouses, and a sprawling three-level penthouse spread across the top three levels of the 21-level building.

The residences at FARO are a rare collection of full-floor homes, characterised by generous, curated interiors defined by relaxed textures and opulent finishes.

[smartcode_project:default project_id=31666 project_image_fid=246689]

All FARO residents will enjoy a range of premium on-site amenities on the first-floor recreation terrace including a magnesium pool, private lounges, gymnasium, cabana, outdoor barbecue and entertaining area, sauna, lockers as well as a pet wash and surfboard wash.

FARO Broadbeach is positioned within easy reach of Broadbeach’s many open spaces, including Federation Park, Victoria Park and Kurrawa Park, and close to the Oceanway pedestrian and cycling path which spans the central Gold Coast beachfront.

<a href="/builders/5point-projects">5Point</a> will be building FARO and is expecting a late 2025 completion. Pezet Matheson is marketing FARO Broadbeach.

[smartcode_project_cta:default project_id=31666]

5Point will be building FARO and is expecting a late 2025 completion

FARO Broadbeach breaks records as sales top 50%

Diversified Sydney developer&nbsp;Tian An is bringing a rare townhouse development on the edge of the expansive Henley Park in <a href="/developments/enfield-nsw-2136">Enfield</a>.

Dubbed <a href="/new-townhouses/the-henley-enfield-6-mitchell-street-enfield">The Henley</a>, the <a href="/architects/dko-architecture">DKO</a>-designed development comprises 70 two, three, and four-bedroom townhouses.

[smartcode_project:default project_id=110387 project_image_fid=252118]

Residents at The Henley will enjoy direct access to Henley Park, a popular local spot with sports fields, outdoor exercise equipment, barbecues, picnic shelters, and playgrounds. It also houses Sydney’s first Olympic-sized swimming pool.&nbsp;

The park is currently undergoing upgrades to further enhance its amenities and environment.

[smartcode_project:default project_id=110387 project_image_fid=252112]

The Henley townhouses are designed with open-plan layouts, large picture windows, outdoor terraces and rear gardens, all designed to maximise natural light, capitalise on parkside views, and foster a seamless connection with the surrounding parkland.

The heart of each home is the kitchen, equipped with extensive storage, Smeg cookware, and fixtures from Brodware or Phoenix.&nbsp;

Buyers can choose from two colour schemes and have options for further customisation through available upgrades.

[smartcode_project:default project_id=110387 project_image_fid=252113]

Residents at The Henley will not only enjoy the wealth of local amenities but will also have access to exclusive facilities within their community, including a BBQ and outdoor dining area, a yoga and meditation garden, a communal vegetable garden, landscaped seating areas, and a dog washing station.

There is also the inclusion of the latest technologies and services designed to make The Henley more secure and future-proof. Technological features include four electric vehicle charging stations, a building manager, a residents' app, security cameras, underground security parking, and an embedded energy network with smart energy monitoring.

Strategically located at 6 Mitchell Street, The Henley also provides easy access to local shops, cafes, top Sydney schools, and multiple public transport options, facilitating convenient travel within the area and to the city.

<a href="/developers/tian-an-australia">Tian An</a>&nbsp;recently announced their Auburn apartment development,&nbsp;<a href="/buildings/auburn-square-26-36-northumberland-road-auburn">Auburn Square</a>, <a href="/news/nsw/auburn-square-apartments-90-per-cent-sold">hit 90 per cent sold</a>.

Late last year they <a href="/news/nsw/first-look-hammond-greens-chatswood-apartment-tower-revealed">launched Hammond Greens</a> in <a href="/new-apartments/chatswood-nsw-2067">Chatswood</a>, <a href="/new-apartments/hammond-greens-chatswood-5-9-gordon-avenue-chatswood">64 two, three and four-bedroom apartments</a> over the Chatswood Bowling Club.

[smartcode_project_cta:default project_id=110387]

Strategically located at 6 Mitchell Street, The Henley also provides easy access to local shops, cafes, top Sydney schools, and multiple public transport options

Tian An brings rare townhouse development to Henley Park in Enfield

Gamuda Land has commenced construction on its $90 million Fareham apartment development in St Kilda, following the appointment of family-owned construction firm Markscon.&nbsp;

<a href="/new-apartments/fareham-st-kilda-95-st-kilda-road-st-kilda">Fareham</a> will deliver a 16-level sustainable building with&nbsp;73 apartments on St Kilda Road. It will also boost the local economy via the creation of 130 jobs throughout the build.&nbsp;

Designed by architects <a href="/architects/bayley-ward">BayleyWard</a>, Fareham will aim to achieve a minimum 7.5 Star NatHERS rating and will be powered by an embedded network providing 100 per cent renewable energy, including rooftop solar photovoltaic panels. Additional features include EV charging capabilities, secure bike parks and an onsite bicycle workshop to encourage residents to opt for greener travel arrangements.&nbsp;

[smartcode_project:default project_id=137950 project_image_fid=257445]

Fareham will comprise a maximum of six apartments per floor with the majority offering bay views. Residents will have access to a communal garden on level one, a well-being room on level two and a communal rooftop on level 15.&nbsp;

Gamuda Land’s global DNA of building in harmony with nature is threaded throughout the design, with Fareham featuring extensive landscaping and greenery by Loci Design Collection.&nbsp;

<a href="/developers/gamuda-land">Gamuda Land</a>&nbsp;General Manager Jarrod Tai said Markscon was appointed due to their stellar track record and capability to self-perform construction of critical elements.&nbsp;

“Markscon has helped deliver some of Melbourne’s most boundary-pushing projects, including two Nightingale projects,"&nbsp;Tai said.

"Both Markscon and Gamuda share a vision of creating meaningful and sustainable urban environments.”&nbsp;

[smartcode_project:default project_id=137950 project_image_fid=257440]

The City of Port Phillip showed its support for the project during the groundbreaking ceremony, with Cr Marcus Pearl, Cr Peter Martin and Cr Christina Sirakoff attending on behalf of the Mayor of the City of Phillip.&nbsp;

Fareham is due for completion in 2026.

[smartcode_project_cta:default project_id=137950]

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