Eddy Haddad's <a href="https://www.apartments.com.au/developers/level-33">Level 33</a> is levelling up its approved Wollongong development, as the coastal city south of Sydney continues to prove popular in the high-density development space.

Level 33, a longtime developer in the Wollongong area, has gone through the NSW Government's Housing Delivery Authority to upsize its approved two-tower development on the corner of Crown Street and Gladstone Avenue, just 100 metres from Wollongong Station.

The developer currently has approval for 252 apartments across two buildings rising to 19 storeys. It is now seeking approval for 33 and 38-storey towers that would deliver 467 apartments, including 67 affordable homes.

Designed by <a href="https://www.apartments.com.au/architects/bka-architecture">BKA Architecture</a>, the development would comprise apartments above a three-level podium with around 1,100 sqm of retail space, along with basement parking for 448 vehicles.

According to the Urban Design Report by BKA, the proposal has the capacity to "reinforce the precinct's identity by strengthening links between health, education, and transport services, while also contributing to Wollongong's ongoing evolution as a key regional centre."

Wollongong is somewhat in vogue. Between Level 33 and Urban Property Group, the two developers have several thousand apartments planned across the city.

Level 33 is currently delivering Easterly Wollongong, one of its most boutique projects to date with just 21 high-end apartments, as well as Atchison &amp; Kenny, a 329-apartment development due for completion later this year. The developer also plans to redevelop the 13,088 sqm WIN Grand megasite into a new $500 million precinct with nearly 600 apartments and has more than 900 apartments planned for the former Bunnings Warehouse site at the intersection of Gipps and Flinders streets.

Urban Property Group is also playing a major role in the city's transformation. Its five-tower Keira Place precinct will deliver more than 800 homes, and it has recently lodged plans for a further 300 apartments near Wollongong Station.

Joel Robinson

First look: Level 33 upsizes Wollongong apartment towers

Just a week after filing plans for the final stage of its major Keira Place masterplan, <a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has unveiled another significant housing proposal in Wollongong, this time targeting a prominent site opposite North Wollongong Station.

The developer has lodged a State Significant Development Application for a 38-storey mixed-use tower at <a href="https://www.apartments.com.au/new-apartments/4-4a-flinders-street-north-wollongong-nsw-2500">4-4A Flinders Street</a>, around one kilometre north of the <a href="https://www.apartments.com.au/new-apartments/keira-place-wollongong-120-122-smith-street-wollongong-nsw-2500">Keira Place precinct</a> currently taking shape on the edge of the CBD.

<img alt="First look: Urban Property Group plans 38-storey North Wollongong tower as Keira Place expansion gathers pace" data-entity-type="file" data-entity-uuid="2b6428f1-6405-4038-8476-897de440e90d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/flinders%20podium.png?VersionId=QLqEvK0OuCEwRC47oHNftrw2B1YqaHF8" />

Designed by Studio.SC, the proposal comprises a 38-storey mixed-use development containing 303 apartments, including 45 affordable housing units, alongside 174 co-living residences. The scheme also includes ground-floor retail space, extensive landscaping and public domain improvements.

Studio.SC noted in the proposal it "outlines a vision for a landmark transit-oriented mixed-use development centred around North Wollongong Station, designed to support the city’s future growth while responding to the NSW Government’s housing and planning reforms."

The architecture firm said the proposal responds to the opportunities and constraints shaping future growth within the 400-metre catchment of the station and represents "a coordinated and future-focused approach to urban intensification, contributing to the long-term evolution of North Wollongong as a connected, walkable and high-density station precinct."

The site occupies a strategic corner bounded by Flinders Street, Station Street, Stafford Street and the Princes Highway, directly opposite North Wollongong Station.

<img alt="First look: Urban Property Group plans 38-storey North Wollongong tower as Keira Place expansion gathers pace" data-entity-type="file" data-entity-uuid="7863adad-1f71-4022-b850-f44b252738fd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/flinders%20podium%20a.png?VersionId=WsU7av0g8_8R2tGHWxgHeFSlhu7yeY1V" />

The proposal follows Urban Property Group's recent submission for the second and final stage of Keira Place, which would deliver a further three buildings comprising 657 homes opposite Beaton Park. It builds on the first stage, which features 150 apartments across two towers and recently commenced construction.

Urban Property Group CEO Patrick Elias said breaking ground on the first stage marked a significant milestone for Wollongong and reflected the developer's long-term commitment to regional cities.

"Today's groundbreaking is about turning approvals into homes and moving quickly to deliver much-needed housing in Wollongong's city centre," Elias said.

"Keira Place will provide a diverse mix of homes close to jobs, transport and services, while setting a high benchmark for quality, durability and consumer protection."

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/urban-property-group-unveils-trio-of-towers-for-next-stage-of-new-wollongong-precinct-keira-place">Urban Property Group unveils trio of towers for next stage of new Wollongong precinct, Keira Place</a>

First look: Urban Property Group plans next major Wollongong tower

<a href="https://www.apartments.com.au/developers/arada">Arada</a> has wasted little time expanding its ambitions in Campsie, lodging plans for a second major project in the rapidly transforming town centre just months after unveiling its three-tower One Campsie proposal on Beamish Street.

The UAE-backed developer has now taken aim at one of the suburb’s most strategically positioned sites, filing a State Significant Development Application for a <a href="https://www.apartments.com.au/new-apartments/10-north-parade-campsie-nsw-2194">33-storey mixed-use tower</a> at 10 London Street and 43 North Parade, directly opposite the future Campsie Metro Station. The proposal is currently on public exhibition and represents another significant vote of confidence in Campsie's emergence as one of Sydney’s key transit-oriented growth centres.

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the development would deliver 156 apartments above a podium containing retail and commercial space, creating a new residential and commercial gateway to the town centre. The scheme also includes a four-level above-ground parking podium and a dedicated residential amenity floor featuring wellness and recreation facilities. At least 10 per cent of the apartments would be allocated as affordable housing for a period of 10 years.

The proposal occupies a 1,631 sqm site bounded by London Street, North Parade and Dispensary Lane, immediately adjoining the future Metro station precinct and just metres from Beamish Street’s retail and dining strip. According to the Urban Design Report, the project seeks to deliver "a great place that prioritises human-scaled experience and provides spatial improvements to the area."

<img alt="First look: Arada doubles down in Campsie with 33-storey Metro-front tower plans" data-entity-type="file" data-entity-uuid="175a8324-015b-4856-abe3-ce6f23199fa7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium%20campsie.png?VersionId=742UGwXFhFBX4GEl6wX4PYIWREAgn6il" />

Woods Bagot describes the tower as a key marker within Campsie's next phase of growth.

"Located directly opposite the new Campsie Metro Station on North Parade, 10 London Street is a thoughtfully composed 33-storey mixed-use tower that contributes to the ongoing transformation of the town centre," the Architectural Design Report states. The report says the project is intended to provide "high-quality homes within a vibrant, connected urban environment, while helping define Campsie's future skyline."

A strong emphasis has been placed on the public realm. The ground floor incorporates over 500 sqm of retail space and active frontages along both London Street and North Parade, while the podium is wrapped by extensive landscaped planting intended to soften the building's scale and strengthen the pedestrian experience. The development would also widen surrounding footpaths and improve connections between the Metro station and the broader town centre.

Above the podium, residents would have access to more than 1,400 sqm of communal amenities, including a pool, gym and landscaped recreation spaces. A distinctive green-wall treatment extending across four podium levels forms a major architectural feature, helping differentiate the project within the emerging high-density precinct.

The tower's design is closely tied to the broader Campsie Town Centre Master Plan and the arrival of Sydney Metro. The Urban Design Report notes the proposal "directly supports the Campsie Town Centre Master Plan by delivering new homes in a location explicitly identified for growth, improved accessibility, and high-quality urban renewal." It adds that the project contributes to the master plan's vision for a strengthened town centre supported by thousands of new homes around the future Metro station.

<img alt="First look: Arada doubles down in Campsie with 33-storey Metro-front tower plans" data-entity-type="file" data-entity-uuid="bfd17654-253e-489a-bade-6278d63db412" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/base%20campsie.png?VersionId=3roJPMQGs36dazpkhvpvbDDP73Ld.Ica" />

The application follows Arada's recently lodged One Campsie project at 124–142 Beamish Street and 16–18 Ninth Avenue, where the developer is seeking approval for 346 apartments across three towers rising 24, 32 and 39 storeys. Together, the two proposals would cement Arada as one of the most influential developers shaping Campsie's future urban form.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-arada-files-for-trio-of-apartment-towers-in-campsie-town-centre">First Look: Arada files for trio of apartment towers in Campsie town centre</a>

Arada entered the Australian market in 2024 and has rapidly assembled a significant development pipeline across Sydney. Alongside its Campsie holdings, the developer is soon to launch <a href="https://www.apartments.com.au/new-apartments/wattle-green-2-fishburn-crescent-castle-hill-nsw-2154">Wattle Green</a> in Castle Hill, and has expanded its local operations following its acquisition of construction firm Roberts &amp; Co.

Located around 14 kilometres south-west of the Sydney CBD, the site sits at the centre of one of Sydney's fastest-changing middle-ring precincts. The Metro conversion of Campsie Station, combined with Canterbury-Bankstown Council's master planning framework, is driving significant residential intensification around Beamish Street and North Parade, with thousands of new homes expected over coming decades.

First look: Arada doubles down in Campsie with 33-storey Metro-front tower plans

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

The inflation result the property market was waiting for

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

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

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?

Brisbane's unit growth over April was so strong that it doubled the growth in its house market, which in itself was the third best performing capital city house market in the country.

CoreLogic's Home Value Index showed unit values in the Queensland capital jumped another 1.6 per cent, compared to the 0.8 per cent growth in houses.

It was a fourth straight month of one per cent plus gains in the unit market, which is now up 6.2 per cent over&nbsp;2024, the second best performing capital city unit market only behind Perth (8.2 per cent).

The median value for units in Brisbane has now risen over $600,000 for the first time and is closing the gap on Melbourne's median unit value ($613,000).

<h2>What happened in Brisbane's off the plan apartment market in April?</h2>

The biggest news in the off the plan apartment market in Brisbane came from the riverfront where the two-level penthouse atop <a href="/new-apartments/sorano-house-kangaroo-point-12-hamilton-street-kangaroo-point">Sorano House</a>&nbsp;in&nbsp;<a href="/developments/kangaroo-point-qld-4169">Kangaroo Point</a>&nbsp;sold for $14 million, setting a price per square metre record

The sale, to a local, reflected an internal price per sqm of over $45,000, bettering the former record at&nbsp;<a href="/new-apartments/moray-house-65-moray-street-new-farm">Moray House</a>&nbsp;by&nbsp;<a href="/developers/spyre-group">Spyre Group</a>&nbsp;in&nbsp;<a href="/new-apartments/new-farm-qld-4005">New Farm</a>, which set the record at $35,000 per sqm late last year.

The penthouse, with 311 sqm of internal living space, a 39 sqm balcony and a 333 sqm rooftop, is one of just seven apartments in the Hamilton Street development by&nbsp;<a href="/developers/trezetto-developments">Trezetto Development</a>.

[smartcode_project:default project_id=6206 project_image_fid=231550]

There was more news from the affluent riverside suburb in April with&nbsp;<a href="/news/qld/pikos-property-group-changes-to-kangaroo-point-maroochydore-employment-hub-of-the-sunshine-coast">Pikos Group</a>&nbsp;securing approval for their latest instalment of apartments in Kangaroo Point.

Having launched Skye Residences late last year, Pikos has been given the green light for&nbsp;Gaia, two 15-level buildings&nbsp;designed by&nbsp;<a href="/architects/dko-architecture">DKO Architecture</a> at&nbsp;<a href="/new-apartments/gaia-kangaroo-point-108-lambert-street-kangaroo-point">108 Lambert Street</a>&nbsp;which will home 215 apartments and a full acre of inner-city parklands in the process.

<img alt="Pikos Group secures approval for Gaia Kangaroo Point apartments" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Gaia_0.png?VersionId=4s4TxYvYiVdAXS.zvdzYcdPMrzQRA2z6" />

<a href="/news/qld/pikos-property-group-changes-to-kangaroo-point-maroochydore-employment-hub-of-the-sunshine-coast">Pikos Group</a>&nbsp;founder and Executive Director Pedro&nbsp;<a href="/developers/pikos-group">Pikos</a>&nbsp;said the vision for Gaia has been a decade in the making and follows the amalgamation of eight individual lots to create 5,284 sqm of pure river frontage.&nbsp;

Read more: <a href="/news/qld/pikos-group-secures-approval-for-gaia-kangaroo-point-apartments">Pikos Group secures approval for Gaia Kangaroo Point apartments</a>

Prominent developer Aria is making further moves in Kangaroo Point, securing the site next to their approved <a href="/new-apartments/canopy-house-by-aria-58-62-leopard-street-kangaroo-point">Canopy House</a> project which has allowed them to go back to the drawing board and make the project bigger.<img alt="First look: Aria bulk up Canopy House in Kangaroo Point by buying next door" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-16%20at%208.29.27%20pm.png?VersionId=EcbkV1.4aU3qa_g5kxyNXsrkqKpgJOuZ" />

They're trying to bulk up the development, now across 2,300 sqm at 50-62 Leopard Street, proposing to add a further four levels to the 29-level tower by <a href="/architects/rothelowman" target="">Rothelowman</a>. That will see it add a further 60 apartments, taking it from 136 units to 196.

Read more: <a href="/news/qld/first-look-aria-bulk-up-canopy-house-in-kangaroo-point-by-buying-next-door">First look: Aria bulk up Canopy House in Kangaroo Point by buying next door</a>

Brisbane townhouse developer <a href="/developers/tocu-properties">Tocu Properties</a> is too looking central with their first apartment tower.

They've looked to&nbsp;<a href="/developments/west-end-qld-4101">West End</a> where they've had&nbsp;<a href="/architects/woods-bagot">Woods Bagot</a>&nbsp;draw up plans for a seven-level apartment development on a six-lot amalgamation, one of the last remaining infill development sites.

<img alt="First look: Tocu Properties file West End apartment plans" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-08%20at%202.55.00%20pm.png?VersionId=kmmVDJLDjORu2KAAqTiHkM1FwIhGBEPp" />

The proposal is for 42 two and three-bedroom apartments, 30 of which will have an additional multi-purpose room.

Read more: <a href="/news/qld/first-look-tocu-properties-file-west-end-apartment-plans">First look: Tocu Properties file West End apartment plans</a>

The Gold Coast-based architecture firm&nbsp;<a href="/architects/contreras-earl-architecture">Contreras Earl Architecture</a>&nbsp;is continuing to add its striking design eye to Brisbane.

Having submitted&nbsp;<a href="/news/qld/first-look-architectural-apartments-set-for-st-lucia">plans for Vista in St Lucia late last year</a>&nbsp;for five striking apartments,&nbsp;Contreras Earl Architecture has put together a design for Victa's next project in the neighbouring&nbsp;<a href="/new-apartments/taringa-qld-4068">Taringa</a>.

The project, dubbed La Flor at 128-130 Swann Road will replace two single-level houses on 1,042 sqm.

<img alt="First look: Contreras Earl pen new Taringa apartment project, La Flor" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-22%20at%208.32.15%20pm.png?VersionId=axXVW32r_DyNT1ZFLyGBSZCj1l6xzUZj" />

La Flor draws inspiration from nature, with its design metaphorically likened to the unfolding petals of a flower and translates into an architectural interplay between openness and enclosure.&nbsp;

The six-level building will have eight three-bedroom apartments and a four-bedroom penthouse with a private rooftop. The rest of the rooftop is reserved for resident amenities, comprising a resort-style pool, a sauna, extensive seating, barbecue spaces and sun lounges.

Read more: <a href="/news/qld/first-look-contreras-earl-pen-new-taringa-apartment-project-la-flor">First look: Contreras Earl pen new Taringa apartment project, La Flor</a>

Another interesting development application came in from the Melbourbe-based&nbsp;diversified investment group and property developer <a href="/developers/salter-brothers">Salter Brothers</a>.

Salter Brothers, who own and operate a handful of retreats across the Gold Coast and outer Brisbane through their Spicers Retreats brand which they acquired in late 2022, is seeking&nbsp;to demolish the Mercure Brisbane Garden City Hotel in&nbsp;<a href="/new-apartments/upper-mount-gravatt-qld-4122">Upper Mount Gravatt</a>&nbsp;and develop a new 17-level apartment building at 18 Macgregor Street.

<img alt="First look exclusive: Salter Brothers plot new Brisbane apartments" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-04-23%20at%201.23.47%20pm_0.png?VersionId=LH.BweyVRU7hUcA4BfOYHT5O630PJLYQ" />

They've had&nbsp;<a href="/architects/bates-smart" target="">Bates Smart</a>, who has worked more in Sydney and Melbourne since it was founded in the mid-1850s, create the plans for the mixed-use building that will have 101 apartments above a four-level podium. That will home a 90-space childcare centre and parking for 107 cars.

The debut project will rise on a 5,356 sqm site ideally located a five-minute walk from Garden City Westfield, one of Brisbane's largest shopping centres.

Read more: <a href="/news/qld/first-look-exclusive-salter-brothers-plot-new-brisbane-apartments">First look exclusive: Salter Brothers plot new Brisbane apartments</a>

The biggest news in the off the plan apartment market in Brisbane came from the riverfront where the two-level penthouse atop Sorano House in Kangaroo Point sold for a record $14 million

City Beat May 2024: Brisbane unit growth doubles houses in April

The owners of Labrador's&nbsp;Golden Shores Holiday Club have secured development approval to redevelop their Marine Parade resort.

They'll be creating a 25-level tower at&nbsp;<a href="/new-apartments/210-marine-parade-labrador">210 Marine Parade</a>&nbsp;that will home 85 apartments.

<img alt="First look: Golden Shores Holiday Club to become new apartment tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202023-05-24%20at%208.57.10%20am.png?VersionId=NCdG1Wj0.OsZFiVweU4mPbsv1srIGhXT" />

The development will comprise 49 two-bedroom units, 14 of which will feature a multi-purpose room, and 35 three-bedroom apartments, offering frontage to the Broadwater and adjacent public open space.

A full-floor penthouse spanning 458 sqm with five bedrooms, each with an ensuite and walk-in wardrobe, is also part of the development plan.

<img alt="First look: Golden Shores Holiday Club to become new apartment tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-24%20at%208.57.21%20am.png?VersionId=wZ255HCrEno_MVJwHFHQV59BuFLjC2S_" />

The approval aligns with the broader regional plan for the Gold Coast, which targets an annual supply of 4,010 new high-rise units aiming to address the ongoing demand-supply imbalance.

Designed by <a href="/architects/bda-architecture">BDA Architecture</a>, all apartments will have glimpses towards <a href="/developments/broadwater-qld-4380">Broadwater</a> because of the tower's slender form. The building fans out towards the rear, which allows even the apartments at the back of the building to take in water views.&nbsp;

<img alt="First look: Golden Shores Holiday Club to become new apartment tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-24%20at%208.57.39%20am.png?VersionId=omXg3cnQ8YSGmeJDZO1uNzEXFpArCU7b" />

On the roof will be a swimming pool and lounge areas with kitchenettes, while the 24th level will home a gym.

While primarily geared towards permanent residential occupancy, the development includes provisions for short-term accommodation so future apartment owners can rent their apartments as a holiday let.

While primarily geared towards permanent residential occupancy, the development includes provisions for short-term accommodation so future apartment owners can rent their apartments as a holiday let

Golden Shores Holiday Club in Labrador to be redeveloped into apartments

Not enough housing to meet demand.

That's the state of the market in the Gold Coast, where the lack of activity in the new development space is a growing concern for the coastal hotspot that is still seeing surging population growth following a boom during the COVID-19 pandemic.

Real Estate Institute of Australia spokesperson, Andrew Bell, said the unprecedented demand for properties on the Gold Coast is unlikely to ease.

“It is simply an equation of supply and demand,” Bell said.

“What has happened, particularly post-COVID, has been a significant transfer of wealth from other parts of Australia including <a href="/developments/melbourne-vic?sort=">Melbourne</a> and <a href="/developments/sydney-nsw?sort=">Sydney</a>.

“During the pandemic, there was an increase in divorces, downsizing and simply relocation. We are also seeing a lot of high-wealth people, with the capacity to pay higher prices, moving to Queensland. In <a href="/developments/surfers-paradise-qld-4217">Surfers Paradise</a> and <a href="/developments/broadbeach-qld-4218">Broadbeach</a>, 24 per cent of sales have been cash purchases.”

Bell said while this was a major positive for the state, and a “coming of age” for Queensland, this northward migration had resulted in a decline in affordability for many buyers and renters.

“We don’t have enough properties to meet the huge influx of residents, especially workers who will contribute to strong economic growth.”

Read more:&nbsp;<a href="/news/qld/city-beat-may-2024-gold-coast-unit-market-continues-to-surge">City Beat May 2024: Gold Coast unit market continues to surge</a>

There was only one new apartment development launched to the market in April on the Gold Coast, <a href="/new-apartments/la-belle-palm-beach-332-the-esplanade-palm-beach">La Belle Palm Beach</a> by Marquee.

Despite the lack of new supply in the market, there were several development applications submitted to the Gold Coast City Council in April.&nbsp;

Of course, these projects won't be realised for several years, with the approval phase, marketing, and then the build generally making the lifespan of a new development between three to five years, depending on density and the speediness of the approval process.

We've wrapped up the top three apartment developments that went through council in April.

<h2>Address: 14 Chelsea Avenue, Broadbeach</h2>

<h3>Developer: Morris Property Group</h3>

Veteran Gold Coast developer,&nbsp;<a href="/developers/morris-property-group">Morris Property Group</a>, is planning their 10th residential development in Broadbeach, the majority of which have been delivered in the last few years.

<img alt="Exclusive first look: Morris Property Group plot another Broadbeach tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-04-16%20at%2012.19.37%20pm.png?VersionId=Uq9PTtSp1oEQp41rCDLZXE0_CyXITfY2" />

Morris has submitted plans for a high-end tower focused on the more affluent owner-occupier on a 607 sqm site next to their <a href="/buildings/opus-16-18-chelsea-avenue-broadbeach">Opus Broadbeach</a> tower which they completed in 2021.

They've had <a href="/architects/cottee-parker-architects">Cottee Parker</a> design a 25-level building with 22 full-floor apartments and a sole two-bed unit. They will sit above three basement levels which will have 45 parking spaces.

Read more: <a href="/news/qld/exclusive-first-look-morris-property-group-plot-another-broadbeach-tower">Exclusive first look: Morris Property Group plot another Broadbeach tower</a>

<h2>Address: 137 Old Burleigh Road, Broadbeach</h2>

<h3>Developer: DVB Projects</h3>

DVB Projects, the developer behind Broadbeach's Sea Glass development that is currently in market, is doubling down in the burgeoning suburb.

<a href="/developers/dvb-projects">DVB</a>, led by Dean Brown, has filed plans for a similar tower at&nbsp;<a href="/new-apartments/137-old-burleigh-road-broadbeach">137 Old Burleigh Road</a>, a 1,156 sqm site near the Old Burleigh Road and Queensland Avenue roundabout that is currently home to the 12-unit, 1980s block Gala.

<img alt="First look exclusive: DVB Projects doubles down in Broadbeach" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-05-01%20at%208.48.56%20pm.png?VersionId=nidO61LOnRCtr5DX95__x0hSybjrub4J" />

They've called on&nbsp;<a href="/architects/rothelowman" target="">Rothelowman</a>&nbsp;again to handle the design of the 105-metre, 32-level building that will have 39 half-floor and full-floor apartments and a two-level penthouse.

Read more:&nbsp;<a href="/news/qld/first-look-exclusive-dvb-projects-doubles-down-in-broadbeach">First look exclusive: DVB Projects doubles down in Broadbeach</a>

<h2>Address: 118 Old Burleigh Road, Broadbeach</h2>

<h3>Developer: Little Projects &amp; R.Corp</h3>

Two&nbsp;<a href="/developments/melbourne-vic" target="">Melbourne</a>&nbsp;developers are pushing on with their prime apartment development site on one of Broadbeach's best streets.

<a href="/developers/little-projects-co">Little Projects</a>, in a joint venture with fellow&nbsp;Melbourne-based developer R.Corp, has gone back to the drawing board for their luxury apartment tower&nbsp;at 118 Old Burleigh Road, on the corner of Australia Avenue.

Since being knocked back by the Gold Coast City Council for their&nbsp;<a href="/news/qld/first-look-exclusive-little-projects-set-for-third-broadbeach-apartment-development-with-r-corp-joint-venture">initial 30-level plans by DKO</a>&nbsp;in early 2023 which would have seen 33 apartments delivered, Little Projects and R.Corp have been working with council and have now officially submitted new plans by&nbsp;<a href="/architects/plus-architecture" target="">Plus Architecture</a>.

<figure><img alt="First look: Little Projects redesign Old Burleigh Road, Broadbeach apartment tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-05-01%20at%2012.32.04%20pm.png?VersionId=ItXi3S7WYGZhd3YQUCUP6ZGzkz7Mf84U" /></figure>

They will be still targeting the high-end buyer in the building that was initially dubbed&nbsp;<a href="/new-apartments/enclave-by-graya-118-old-burleigh-road-broadbeach">One Australia</a>.

Read more:&nbsp;<a href="/news/qld/first-look-little-projects-redesign-old-burleigh-road-broadbeach-apartment-tower">First look: Little Projects redesign Old Burleigh Road, Broadbeach apartment tower</a>

<h2>Address: 402-404 The Esplanade, Palm Beach</h2>

<h3>Developer: Chanine Developments</h3>

The latest play on luxury apartment developments on the Palm Beach beachfront is by Sydney-based developer <a href="/developers/chanine-developments">Chanine Developments</a> who secured a large site through site amalgamation specialists <a href="/project-marketer/gv-property-group">GV Property Group</a>.

<img alt="Sydney developer eyes Palm Beach luxury apartments" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-04-22%20at%204.39.07%20pm.png?VersionId=VBLJlBRgbOmL4loVoGpTKlJxfE7LNxNd" />

Chanine, led by Marwan Chanine, has now lodged plans for a boutique eight-level building with 15 half-floor apartments and a massive five-bedroom penthouse.

There will be 16 apartments in the building which has been designed by CDArchitects. The 15 three-bedroom apartments will sit beneath a massive 354 sqm, five-bedroom penthouse with its own rooftop pool, barbecue kitchen and alfresco space.

Read more: <a href="/news/qld/sydney-developer-eyes-palm-beach-luxury-apartments">Sydney developer eyes Palm Beach luxury apartments</a>

<h2>Address: 50 Sunset Boulevarde, Surfers Paradise</h2>

<h3>Developer: Macquarie York</h3>

It's taken less than five months for Roy Skaf's <a href="/developers/macquarie-york">Macquarie York</a> to secure approval for its upcoming absolute waterfront Surfers Paradise project.

Macquarie York will develop a 17-level tower at 50 Sunset Boulevarde, a 1,057 sqm riverfront block on the Nerang River facing Chevron Island's Home of The Arts building.

<img alt="Macquarie York secure approval for new Surfers Paradise apartments" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/50%20Sunset%20Bvd%20Surfers%20Paradise.jpg?VersionId=AtiCmJhE3qMpYlsaNO7Zgpi4uhAhzJHJ" />

<a href="/architects/plus-architecture">Plus Architecture</a>, led locally by Danny Juric, says the project has been "meticulously designed to seamlessly blend with its urban and natural surroundings, achieving a harmonious balance between the human-scale streetscape, riverscape, and the emerging skyline."

Among the amenities planned for residents is a dedicated recreation level on the second floor boasting a swimming pool, lounge area, BBQ space, gym, sauna, steam room, and work-from-home office space complete with desks and a boardroom.&nbsp;

Read more: <a href="/news/qld/macquarie-york-secure-approval-for-new-surfers-paradise-apartments">Macquarie York secure approval for new Surfers Paradise apartments</a>

Despite the lack of new supply in the market, there were several development applications submitted to the Gold Coast City Council in April.

Every new apartment development planned across Gold Coast in April

Brisbane is crying out for new supply in the off the plan apartment market.

Confidence in the Queensland capital is at an all-time high, and there's no suggestion of a slowdown in demand.

Assisting in the growth in the unit market is the lack of new projects. There's not been a release of a new apartment development, certainly nothing close to a tower development, in months.

Developers have been active however over April, which bodes well for Brisbane's future supply.

Of course, these projects won't be realised for several years, with the approval phase, marketing, and then the build generally making the lifespan of a new development between four to five years, depending on density and the speediness of the approval process.

We've wrapped up the top five apartment developments that were submitted to the Brisbane City Council in April.

<h2>Address: 18 Macgregor Street, Upper Mount Gravatt</h2>

<h3>Developer: Salter Brothers</h3>

One of the most interesting apartment developments submitted in Brisbane in April was in <a href="/developments/upper-mount-gravatt-qld-4122">Upper Mount Gravatt</a>, where&nbsp;diversified investment group and property developer <a href="/developers/salter-brothers">Salter Brothers</a>&nbsp;has sought to create their first project in Brisbane.

Salter Brothers is seeking to demolish the Mercure Brisbane Garden City Hotel&nbsp;and develop a new 17-level apartment building at <a href="/new-apartments/18-macgregor-street-upper-mount-gravatt">18 Macgregor Street</a>.

<img alt="First look exclusive: Salter Brothers plot new Brisbane apartments" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-23%20at%201.25.21%20pm.png?VersionId=7_hXoO1RkzCAYSX0V_05iv_vT4kAgzO5" />

They've had <a href="/architects/bates-smart">Bates Smart</a> create the plans for the mixed-use building that will have 101 apartments above a four-level podium. That will home a 90-space childcare centre and parking for 107 cars.

There will be eight apartments per floor, six two-beds and two three-bedders. The apartments are expressed as "gently undulating petals," Bates Smart wrote in their submission to the Brisbane City Council.

Read more: <a href="/news/qld/first-look-exclusive-salter-brothers-plot-new-brisbane-apartments">First look exclusive: Salter Brothers plot new Brisbane apartments</a>

<h2>Address: 28 Beesley Street, West End</h2>

<h3>Developer: Tocu Properties</h3>

<a href="/developers/tocu-properties">Tocu Properties</a>, which has been developing townhouses across Brisbane's inner-ring suburbs, is moving into the apartment market in the <a href="/developments/west-end-qld-4101">West End</a>.

They've had&nbsp;<a href="/architects/woods-bagot">Woods Bagot</a>&nbsp;draw up plans for a seven-level apartment development on the corner of Beesley and Filmer streets, one of the last remaining infill development sites within the highly sought-after West End precinct.

<img alt="First look: Tocu Properties file West End apartment plans" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-08%20at%202.55.00%20pm.png?VersionId=kmmVDJLDjORu2KAAqTiHkM1FwIhGBEPp" />

The proposal is for 42 two and three-bedroom apartments, 30 of which will have an additional multi-purpose room.

Crowning the building will be a 656 sqm rooftop amenity level with an infinity edge pool, hot and cold plunge pools, and open lawn and barbecue areas with views over <a href="/developments/brisbane-qld">Brisbane</a>.

Read more: <a href="/news/qld/first-look-tocu-properties-file-west-end-apartment-plans">First look: Tocu Properties file West End apartment plans</a>

<h2>Project: Canopy House by Aria, Kangaroo Point</h2>

<h3>Address: 58-62 Leopard Street Kangaroo Point, Kangaroo Point QLD 4169</h3>

<h3>Developer: ARIA Property Group</h3>

<a href="/developers/aria-property-group">ARIA</a> is again seeking to bulk up its upcoming <a href="/developments/kangaroo-point-qld-4169">Kangaroo Point</a> apartment project, <a href="/new-apartments/canopy-house-by-aria-58-62-leopard-street-kangaroo-point">Canopy House</a>.

The Tim Forrester-led developer is seeking to add a further four levels to the previous 29-level tower by&nbsp;<a href="/architects/rothelowman" target="">Rothelowman</a>, which were approved in August after a&nbsp;change application in June last year.

<img alt="First look: Aria bulk up Canopy House in Kangaroo Point by buying next door" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-16%20at%208.29.27%20pm.png?VersionId=EcbkV1.4aU3qa_g5kxyNXsrkqKpgJOuZ" />

The new design will also see an extended podium which will now feature a resident park with a barbecue kitchen and outdoor dining area, playground, and seating pods.

The documents suggest the new design will improve the facade, providing a "greater visual relief to the built form and significantly increasing the project’s ‘Green Factor’."

Read more: <a href="/news/qld/first-look-aria-bulk-up-canopy-house-in-kangaroo-point-by-buying-next-door">First look: Aria bulk up Canopy House in Kangaroo Point by buying next door</a>

<h2>Project: La Flor, Taringa</h2>

<h3>Address: 128-130 Swann Road</h3>

<h3>Developer: Vista Projects</h3>

The Gold Coast-based architecture firm <a href="/architects/contreras-earl-architecture">Contreras Earl Architecture</a> has put together a design for their next project in the neighbouring&nbsp;<a href="/new-apartments/taringa-qld-4068">Taringa</a>&nbsp;on behalf of developer <a href="/developers/vista-projects">Vista Projects</a>.

<img alt="First look: Contreras Earl pen new Taringa apartment project, La Flor" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-22%20at%208.32.03%20pm.png?VersionId=HeeqUErVssguFX_j7YbQb3AwAQUvGMVZ" />

The six-level project, dubbed La Flor, will have eight three-bedroom apartments and a four-bedroom penthouse with its own private rooftop. The rest of the rooftop is reserved for resident amenities, comprising a resort-style pool, a sauna, extensive seating, barbecue spaces and sun lounges.

La Flor draws inspiration from nature, with its design metaphorically likened to the unfolding petals of a flower and translates into an architectural interplay between openness and enclosure.&nbsp;

Read more: <a href="/news/qld/first-look-contreras-earl-pen-new-taringa-apartment-project-la-flor">First look: Contreras Earl pen new Taringa apartment project, La Flor</a>

&nbsp;

<h2>&nbsp;Project: Gaia</h2>

<h3>Address: 108 Lambert Street, Kangaroo Point QLD 4069</h3>

<h3>Developer: Pikos Group</h3>

Even rarer than a submission at the moment is the approval of a new tower.

Brisbane developer&nbsp;<a href="/news/qld/pikos-property-group-changes-to-kangaroo-point-maroochydore-employment-hub-of-the-sunshine-coast">Pikos Group</a>&nbsp;is backing up its recently launched Skye Residences in Kangaroo Point with another project in the affluent suburb.

They've been given the green light for Gaia, two 15-level buildings at&nbsp;<a href="/new-apartments/gaia-kangaroo-point-108-lambert-street-kangaroo-point">108 Lambert Street</a>&nbsp;which will home 215 apartments as well as creating a full acre of inner-city parklands in the process.

<img alt="Pikos Group secures approval for Gaia Kangaroo Point apartments" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Gaia_0.png?VersionId=4s4TxYvYiVdAXS.zvdzYcdPMrzQRA2z6" />

Designed by&nbsp;<a href="/architects/dko-architecture">DKO Architecture</a>, both residential towers at Gaia have been oriented to capture sweeping views of the city and river, with all apartments featuring luxury internal finishes of natural stone, timber flooring and premium appliances.&nbsp;

The River Tower includes a mix of three and four-bedroom apartments, some with a multi-purpose room, while the City Tower will have two and three-bedroom apartments with an additional multi-purpose room.

Read more: <a href="/news/qld/pikos-group-secures-approval-for-gaia-kangaroo-point-apartments">Pikos Group secures approval for Gaia Kangaroo Point apartments</a>

There has been new developments plans submitted by Aria, Salter Brother and Tocu Properties across Brisbane in April

The top five new apartment developments planned across Brisbane in April

Melbourne's well-documented supply chain woes aren't easing in a hurry.

There were some notable development applications however submitted across the capital in April, some of which will bring some much-needed density to the apartment sector.

Of course, these projects won't be realised for several years, with the approval phase, marketing, and then the build generally making the lifespan of a new development between four to five years, depending on density and the speediness of the approval process.

We've wrapped up some of the biggest and best development applications across Melbourne in April.

<h2>Address: 99-109 Lorimer Street, Docklands</h2>

Melbourne&nbsp;developer Ross&nbsp;Pelligra&nbsp;is set to take on one of his largest projects to date, lodging plans for a huge multi-stage precinct in Melbourne's&nbsp;growing Fishermans Bend precinct.

Development manager <a href="/developers/citinova">Citinova</a> has proposed a four-tower development, designed as a "cohesive 'family' of towers" by Architectus, that will bring over 1000 apartments to the chronically undersupplied Melbourne market.

One of the towers will be dedicated build-to-sell, while there will be more build-to-sell apartments in tower two that will also home 200 hotel rooms and extensive amenities.

<img alt="First look exclusive: Citinova plot multi-tower development in Fishermans Bend" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-04-19%20at%204.18.10%20pm.png?VersionId=eogu21v9z8UCqB3bNm08l5GSzxKbbgXs" />

Tower three will be a commercial office tower that may suit a coworking provider, and Tower Four will be build-to-rent apartments. All the towers will be linked by a podium that will feature vibrant laneways with an arts and culture hub, retail tenancies and an urban grocer.

The five-stage project will also include an unencumbered 3,075 sqm public open space.

Landscape architect <a href="/landscape-architect/mala">Mala Studio</a> has been part of the design, as have planning consultants <a href="/landscape-architect/tract-landscape-architects">Tract</a>.

Read more:&nbsp;<a href="/news/vic/first-look-exclusive-citinova-plot-multi-tower-development-in-fishermans-bend">First look exclusive: Citinova plot multi-tower development in Fishermans Bend</a>

<h2>Address: 616-646 High Street, Prahran</h2>

<h2>Developer:&nbsp;Abadeen</h2>

Having launched&nbsp;<a href="/new-apartments/malea-94-burke-road-malvern-east">Maléa</a>, a collection of just seven luxury apartments on&nbsp;<a href="/developments/malvern-east-vic-3145">Malvern East</a>'s Central Park,&nbsp;<a href="/developers/abadeen-group">Abadeen</a>, led locally by former&nbsp;<a href="/project-marketer/cbre-residential-australia" target="">CBRE</a>&nbsp;Director&nbsp;<a href="/content/abadeen-officially-announce-expansion-into-victoria-with-two-luxury-projects" target="">Andrew Leoncelli</a>, has filed plans for its next project.

They'll be developing a boutique building in Prahran at&nbsp;<a href="/new-apartments/grandview-prahran-616-646-high-street-prahran-vic-3181">616-646 High Street</a>,&nbsp;on the corner of&nbsp;Airlie Avenue and High Street near&nbsp;<a href="/expert-insights/buying/toorak-park-delivers-where-it-matters-most">Toorak Park</a>&nbsp;and Orrong Romanis Reserve.

<img alt="First look: Abadeen lodge plans for second Melbourne apartment development" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-04-17%20at%2011.05.29%20am.png?VersionId=79fVjZ.l2snAFEPFAw3RuGyQuZFmK7pW" />

They had&nbsp;<a href="/architects/carr-design" target="">Carr Design</a>&nbsp;a four-level building that curves around a Smooth Bark Apple tree, immovable as it's listed as a national trust significant tree.

There will be 26 apartments across the four levels, a mix of two-bed, two-bed plus studies, and three-bed apartments. They will sit above two levels of the basement with parking for 56 cars.

Read more:&nbsp;<a href="/news/vic/first-look-abadeen-lodge-plans-for-second-melbourne-apartment-development">First look: Abadeen lodge plans for second Melbourne apartment development</a>

<h2>Address: 38 Clarke Street, Southbank</h2>

<h2>Developer: LAS Group</h2>

Melbourne developer&nbsp;<a href="/developers/las-group" target="">LAS Group</a>&nbsp;has submitted plans for a new 25-level tower in the heart of&nbsp;<a href="/developments/southbank-vic-3006">Southbank</a>.

<a href="/architects/fk-australia">Fender Katsalidis</a> has put together plans for the 188-apartment tower at 38 Clarke Street, on the corner of City Road and Clarke Street just behind Crown Melbourne.

<img alt="First look exclusive: LAS Group propose Fender Katsilidis apartment tower in Southbank" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/38%20Clarke%20-%20render.jpg?VersionId=B3il28IAk1qJEHo4edK3uCToCRSrDKVc" />

In contrast to the neighbouring buildings with predominantly glass facade buildings, 38 Clarke Street embraces the industrial heritage of the area, with the building's lower level finishes drawing on the 19th-century local vernacular found on City Road with rich red brick detailing and arched windows.&nbsp;

The lower ground level at street level features resident amenities including a dedicated bike lobby and parking area, pool and gym.&nbsp;

The top of the podium features a densely planted native garden bed designed by renowned Tract Landscape Architects.&nbsp;

Read more:&nbsp;<a href="/news/vic/first-look-exclusive-las-group-propose-fender-katsilidis-apartment-tower-in-southbank">First look exclusive: LAS Group propose Fender Katsilidis apartment tower in Southbank</a>

<h2>Address: 81A Bell Street, Coburg</h2>

<h2>Developer: Blue Earth Group</h2>

Amenity-centric Melbourne&nbsp;developer&nbsp;<a href="/developers/blue-earth-group">Blue Earth Group</a>&nbsp;is trying again to get its&nbsp;<a href="/developments/coburg-vic-3058">Coburg</a>&nbsp;development approved.

The plan is for over 444 apartments and townhouses designed by&nbsp;<a href="/architects/cht-architects" target="">CHT</a>&nbsp;Architects on what the planning documents call a "significant land parcel" given its location on the south-western corner of Bell and Rodda Street which forms the entrance/gateway to the&nbsp;<a href="/new-apartments/coburg-vic-3058">Coburg</a>&nbsp;Major Activity Centre (‘MAC’).

<img alt="Blue Earth Group to push on with three-tower Coburg development" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-04-02%20at%209.52.17%20am.png?VersionId=33G.L9WvG3b_3KSGDsF.27.kfuTMfVy1" />

The revised design response continues a similar design concept, containing three buildings ranging in height from five to 11 storeys, with large areas of publicly accessible open space and pedestrian links provided within the site that is bordered by ground floor activity with the provided building separation and setbacks consistent with the Tribunal’s findings in maximising daylight receipt to the apartments and sunlight to provide open space areas.

Proposed are 223 one-bedroom apartments, the majority with a study, 195 two-bedders, 15 three-bed apartments, and 11 townhouses.

There will be around 239 sqm of shop floor space and 106 sqm of food and drink premises.

Read more:&nbsp;<a href="/news/vic/blue-earth-group-to-push-on-with-three-tower-coburg-development">Blue Earth Group to push on with three-tower Coburg development</a>

There's been applications submitted in April from Citinova, Blue Earth Group, Abadeen, and LAS Group

The top four new apartment developments planned across Melbourne in April

It's continued month-on-month gains in the Gold Coast unit market.

CoreLogic's Home Value Index showed another solid gain of one per cent over April, following growth of 1.1 per cent in both March and February.

The median value for a Gold Coast unit, which incorporates both townhouses and apartments, is now at $768,000, having started the year at $727,000. The median far outstrips the median unit value in Brisbane ($600,000) and Melbourne ($613,00).

Read more:&nbsp;<a href="/news/qld/city-beat-march-2024-what-is-happening-in-the-gold-coast-off-the-plan-apartment-market">City Beat March 2024: What is happening in the Gold Coast off the plan apartment market?</a>

<h2>What happened in the Gold Coast off the plan market in April?</h2>

There was little activity on the Gold Coast in the way of new projects launching to the market in April, however many more are coming in the pipeline.

The only project to launch was Marquee's latest Gold Coast development, La Belle at Palm Beach.

<a href="/new-apartments/la-belle-palm-beach-332-the-esplanade-palm-beach">La Belle Palm Beach</a>&nbsp;will comprise 74 premium beachfront apartments over 14 levels that will take advantage of sweeping views from&nbsp;<a href="/developments/surfers-paradise-qld-4217">Surfers Paradise</a>&nbsp;to&nbsp;<a href="/developments/coolangatta-qld-4225">Coolangatta</a>.

[smartcode_project:default project_id=102340 project_image_fid=273590]

The development, with 40 metres of beach frontage, has three, four and five-bedroom apartments on offer, with internal living spaces between 150 sqm and 680 sqm, catering for the owner-occupier.

Designed by award-winning&nbsp;<a href="/architects/cottee-parker-architects" target="">Cottee Parker</a>&nbsp;Architects and detailed by <a href="/architects/bda-architecture">BDA Architecture</a>, 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.

There will also be 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.

[smartcode_project:default project_id=102340 project_image_fid=273596]

Given how tight the market is for new projects, developers who can get their projects in market, with confidence that they're going to go ahead, are seeing strong results.

John Kearney's&nbsp;<a href="/developers/immerse-projects" target="">Immerse Projects</a>&nbsp;has seen a surge in sales at their <a href="/new-apartments/ombre-robina-46-scottsdale-drive-robina">Ombré</a> apartment development in <a href="/developments/robina-qld-4226">Robina</a>, hitting the $40 million mark within just four weeks of launching.&nbsp;

[smartcode_project:default project_id=143341 project_image_fid=251416]

<a href="/new-apartments/ombre-robina-46-scottsdale-drive-robina">Ombré</a>, comprising 95 apartments designed by BDA Architecture, offers a diverse range of floor plans. Some of the one-bedroom apartments have two living areas, as do some of the two-bedrooms. They've been popular given there's nothing like that on the market in the whole of the&nbsp;<a href="/developments/gold-coast-qld?sort=">Gold Coast</a>.

Kearney's construction company&nbsp;<a href="/builders/greyburn">Greyburn</a>&nbsp;will build Ombré, which is slated for completion in December 2025.

[smartcode_project:default project_id=112024 project_image_fid=241133]

Veteran Gold Coast developer, Morris Property, is also seeing success at their Broadbeach apartment development, Crest.

<a href="/new-apartments/crest-broadbeach-13-armrick-avenue-broadbeach">Crest&nbsp;Broadbeach</a>, which marks Morris Property Group's eighth high-rise residential project in&nbsp;<a href="/developments/broadbeach-qld-4218">Broadbeach</a>, recently hit the 50 per cent sold milestone. The first tower in the project tapped into the demand for new apartments in the sought-after Broadbeach postcode.

In the fourth quarter of 2023, Crest saw a total of 25 sales, with an average sale price of $1,089,000 per apartment.

[smartcode_project:default project_id=112024 project_image_fid=241132]

&nbsp;

Morris has padded out its future pipeline in their favourite suburb, submitting plans for their 10th residential development&nbsp;<a href="/developments/broadbeach-qld-4218">in the suburb</a>&nbsp;neighbouring Surfers Paradise.

Morris has submitted plans for a high-end tower focused on the more affluent owner-occupier at 14 Chelsea Avenue, Broadbeach, a 607 sqm site next to their&nbsp;<a href="/buildings/opus-16-18-chelsea-avenue-broadbeach">Opus</a>&nbsp;Broadbeach tower which they completed in 2021.

<img alt="Exclusive first look: Morris Property Group plot another Broadbeach tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-04-16%20at%2012.19.37%20pm.png?VersionId=Uq9PTtSp1oEQp41rCDLZXE0_CyXITfY2" /> 
The plans for 14 Chelsea Avenue. Image credit: Cottee Parker

They've had&nbsp;<a href="/architects/cottee-parker-architects">Cottee Parker</a>&nbsp;design a 25-level building with 22 full-floor apartments and a sole two-bed unit. They will sit above three basement levels which will have 45 parking spaces.

"Buyers love Broadbeach because it offers beachside living with metropolitan amenities, which is what the market is after," Morris told Urban back in 2022.

Read more:&nbsp;<a href="/news/qld/exclusive-first-look-morris-property-group-plot-another-broadbeach-tower">Exclusive first look: Morris Property Group plot another Broadbeach tower</a>

Getting closer to the launch of their next project is&nbsp;Aniko Group who on their flagship $2 billion mixed-use development, The Landmark in Mermaid Beach.&nbsp;

They <a href="/news/qld/aniko-settle-on-32-5-million-mermaid-beach-the-landmark-site">settled on their $32.5 million</a>&nbsp;<a>Mermaid Beach</a>&nbsp;site, earmarked for&nbsp;four towers which are set to transform the long-vacant property into a&nbsp;<a href="/new-apartments/the-landmark-mermaid-beach-14-seaview-avenue-mermaid-beach-qld-4218">vibrant new residential, commercial, dining and leisure precinct</a>.

<a href="/developers/aniko-group">Aniko</a>&nbsp;purchased the 1.13ha site, located at the corner of the&nbsp;<a href="/new-apartments/gold-coast-qld">Gold Coast</a>&nbsp;Highway and Seaview Avenue, in 2022.

<img alt="Aniko settle on $32.5 million Mermaid Beach The Landmark site" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/JPEG_aerial_aniko_masterplan_3_3d_render_by_volumevision.jpg?VersionId=1.uLIVBpLz2pmKWHXojCQzLNEk6zvYrM" />

Elsewhere on the Coast, Sydney apartment developer&nbsp;<a href="/developers/chanine-developments" target="">Chanine</a>&nbsp;Developments settled on a secured a site across 1407 Gold Coast Highway and 402-404 The Esplanade through site amalgamation specialists GV Property Group.

<a href="/developers/chanine-developments" target="">Chanine</a>, led by Marwan&nbsp;<a href="/developers/chanine-developments" target="">Chanine</a>, has now lodged plans for a boutique eight-level building with 15 half-floor apartments and a massive five-bedroom penthouse.

<a href="/developers/chanine-developments" target="">Chanine</a>&nbsp;said the vision&nbsp;is to bring the opulence of the Eastern Suburbs to&nbsp;<a href="/developments/palm-beach-qld-4221">Palm Beach</a>, in both finishes and aesthetics.

<img alt="Sydney developer eyes Palm Beach luxury apartments" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-22%20at%204.38.57%20pm.png?VersionId=y4ALTq055_MU5Wgcg6pnUfQ6iLLkhQvj" />

<a href="/developers/macquarie-york">Macquarie York</a> is another starting to put their marketing together for their next project, having received approval from the Gold Coast City Council for&nbsp;a 17-level tower&nbsp;at 50 Sunset Boulevarde, a 1,057 sqm riverfront block on the Nerang River facing&nbsp;<a href="/developments/chevron-island-qld-4217">Chevron Island</a>'s Home of The Arts building.

<a href="/architects/plus-architecture" target="">Plus Architecture</a>&nbsp;designed the building which will have 42 two and three-bedroom apartments and a three-level, four-bedroom penthouse.

Plus, led locally by Danny Juric, says the project has been "meticulously designed to seamlessly blend with its urban and natural surroundings, achieving a harmonious balance between the human-scale streetscape, riverscape, and the emerging skyline."

Read more:&nbsp;<a href="/news/qld/macquarie-york-secure-approval-for-new-surfers-paradise-apartments">Macquarie York secure approval for new Surfers Paradise apartments</a>

Read more:&nbsp;<a href="/news/qld/city-beat-march-2024-what-is-happening-in-the-gold-coast-off-the-plan-apartment-market">City Beat March 2024: What is happening in the Gold Coast off the plan apartment market?</a> 
&nbsp;

The median value for a Gold Coast unit is now at $768,000, having started the year at $727,000

City Beat May 2024: Gold Coast unit market continues to surge

ASX-listed developer Mirvac is continuing to position itself as one of the biggest apartment developers in Melbourne, with a string of their completed developments and new projects resulting in a huge contribution to the Melbourne apartment market.

One of their newest towers is <a data-saferedirecturl="https://www.google.com/url?q=https://www.urban.com.au/new-apartments/trielle-at-yarras-edge-16-point-park-crescent-docklands&amp;source=gmail&amp;ust=1715126368950000&amp;usg=AOvVaw278ZIHnPwnmeJ2MGVfEyqc" href="/new-apartments/trielle-at-yarras-edge-docklands-16-point-park-crescent-docklands" target="_blank">Trielle</a>, part of the Yarra's Edge precinct <a data-saferedirecturl="https://www.google.com/url?q=https://www.urban.com.au/developers/mirvac&amp;source=gmail&amp;ust=1715126368950000&amp;usg=AOvVaw1ddk-ImzH0WJSVM44ekpDc" href="/developers/mirvac" target="_blank">Mirvac</a> been masterfully developing for over two decades.

Perfectly positioned on the north-facing bank of the Yarra River, just two kilometres from Melbourne’s bustling CBD, Yarra’s Edge offers lush parks and playgrounds, a&nbsp;1.3 kilometre riverfront promenade, retail and dining options, and for boating enthusiasts – Marina YE.

Trielle&nbsp;is one of&nbsp;Mirvac's most amenity-filled projects they've ever developed, with every facility from a&nbsp;wellness centre designed by&nbsp;Australia’s leading&nbsp;spa expert Naomi Gregory&nbsp;complete with 25-metre lap pool and spa, biophilic gym, magnesium spa, cold-pail contrast treatment and day spa treatment rooms to hybrid and flexible work options including a resident library with business-class work pods as well as the Mills Place dedicated office spaces.

Relaxation and entertainment amenity has not been overlooked with a piano bar, resident dining room, cinema room, games room, golf simulator studio, teppanyaki barbecue with adjoining outdoor dining and dog wash bay being a welcome addition to every resident's home.

We recently visited Trielle's display suite, onsite at 16 Point Park Crescent, Docklands,&nbsp;to look at the development in more detail.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/ippjTj29tiM?si=meGYAojUHdUthdUE" title="YouTube video player" width="560"></iframe>

[smartcode_project_cta:default project_id=114216]

ASX-listed developer Mirvac is continuing to position itself as one of the biggest apartment developers in Melbourne, with a string of their completed developments and new projects resulting in a huge contribution to the Melbourne apartment market.

Inside Trielle: Urban's display suite tour of Mirvac's latest stage at Yarra's Edge

Property developer Wickton is continuing to move fast in Melbourne's development space.

<a href="/developers/wickton">Wickton</a>, led by Blanco Norton and architect Will Leaf, has just secured approval for a mixed-use development in the Hawksburn Village precinct, on the border of South Yarra and Prahran.

They secured 387-403 Malvern Road, near Hawksburn Station,&nbsp;late last year. The 1,436 sqm site had approvals in place for both a full residential project and a full commercial project.

Leaf, whose architecture practice <a href="/architects/ewert-leaf">Ewert Leaf</a>&nbsp;is designing three other mixed-use buildings in the Hawksburn Village precinct, redesigned the plans to create a collection of luxury apartments above strata offices and ground-level retail.

"Our goal is to create a true mixed-use typology that draws inspiration from the locale's rich contextual fabric," Will Leaf said.

The design blends brick, steel, and glass with strong vertical forms and generous apertures to create a balanced and sympathetic addition to the village streetscape.

<img alt="Malvern Wickton" data-entity-type="file" data-entity-uuid="9081276c-fd7c-4bcb-8853-3256ad181afa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-23%20at%2010.49.59%20am.png?VersionId=xSgeVO3PqivKPJOHBrzST63JHqNxOlYb" />

There will be a vibrant ground floor retail with premium hospitality and retail spaces that will anchor three levels of strata offices. Seven two and three-bedroom apartments will occupy the top two levels of the building,

The designs were altered from the previous plans so the floorplates expanded, which meant the apartments sat above the building's large privacy screens and the adjoining buildings so both levels of apartments take in uninterrupted views across Melbourne and back to the city skyline.

Blanco Norton said Hawksburn Village is going through a&nbsp;renaissance.

"The village is starting to come alive again," Norton said.

"It's a much more affordable proposition from both a residential and commercial standpoint compared to Toorak village, with all the same level of amenity on the doorstep. It will be the place to be."

Wickton is expecting to start demolition of the bottle shop and adjoining commercial building on the site later this year, and start the build in early 2025. The luxury apartments, two and three-bedders, will hit the market in Q3 2024.

Wickton has been busy in Bayside where late last year they took two owner-occupier focussed projects, both in&nbsp;<a href="/developments/hampton-vic-3188">Hampton</a>, to the market in the space of a week.

The first project,&nbsp;<a href="/new-apartments/linacre-rise-hampton-8-10-linacre-road-hampton">Linacre Rise</a>, comprises 27 modern apartments, while the latest release,&nbsp;<a href="/new-apartments/58-beach-hampton-58-beach-road-hampton">58 Beach</a>, has just six apartments with views of both Hampton and&nbsp;<a href="/developments/sandringham-vic-3191">Sandringham</a>&nbsp;Beach. Both were also designed by Leaf's architecture firm&nbsp;<a href="/news/steller-and-ewert-leaf-combine-for-a-reworked-south-melbourne-apartment-tower" target="">Ewert Leaf</a>.

Wickton also has another upcoming project in the Bayside area.

First look exclusive: Wickton look to South Yarra for latest mixed-use development

WINIM is set to launch its Parnell House Penthouses in Newcastle this month, atop a new 46-room luxury hotel.

The penthouses, Sand and Dune, will offer something Newcastle hasn't seen before.&nbsp;

Designed by SDA Architects and MXM Design in collaboration, the twin penthouses, priced at $10 million and $14 million, occupy the entire rooftop of the boutique hotel, Parnell House.

Parnell House will reside within a celebrated heritage building at 21 Parnell Place, the former Newcastle Beach Hotel, artfully re-imagined. Alongside the luxury accommodation is a café, bar, restaurant and wellness spa.

<img alt="Parnell" data-entity-type="file" data-entity-uuid="eb2ac439-e0b6-4fb8-a2bf-d6fc46038b9e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-08%20at%204.34.51%20pm.png?VersionId=PNsuEwFxHWKC1LWi_rCRElr1I4yv3r85" />

The $10 million, three-bedroom penthouse will have 191 sqm of internal living space and 78 sqm of terraces, while the adjoining four-bedroom penthouse will have 245 sqm internally and 123 sqm of terraces.

The penthouses pay homage to the barefoot nostalgia of Newcastle’s past while setting a new benchmark for the future. They feature abundant light, organic curves and natural materials, with high-end finishes and hand-crafted pieces throughout.

Each penthouse has an expansive entertaining space with a covered outdoor kitchen, dining terrace and sun deck leading to a private plunge pool nestled in a private courtyard.

Residents will have access to resort-style services from Parnell House, including five-star dining without leaving home, room service, hotel concierge and cleaning services.&nbsp;

Construction on Parnell will begin in August 2024, with completion expected in Q3 2025.

<img alt="Penthouse" data-entity-type="file" data-entity-uuid="1c2e5f6d-fcac-4a35-babd-dae48696f830" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-08%20at%204.35.02%20pm.png?VersionId=OJMTiv3DbY_Eof9r3i2QZ288BHgv2uca" />

Leading hospitality and management company EVT, which&nbsp;currently manages 80 hotels and 12,000 rooms across Asia Pacific with brands such as QT, Rydges, will operate the hotel.

According to a March report by CoreLogic, high-end home prices have been on the rise in Newcastle since the pandemic. There's been a string of multimillion-dollar sales over the past 12 months, including a city penthouse apartment for $8.5 million in The Royal Apartments building on King Street.

The rise in high-end properties accompanies broader economic and regional growth, including population, commerce, education, and infrastructure investments. The city’s population grew by nearly one per cent between 2023 and 2024, buoyed by Newcastle University’s expansion, the reopening of the Royal Newcastle Private Hospital following a $1 billion investment, and the expansion and upgrade of Newcastle Airport.

High-end buyers moving into the city are a mix of Sydneysiders, Melburnians, and Hunter Valley locals, drawn by its mix of natural beauty, community atmosphere, career opportunities, and cultural activities.

Newcastle is also well-connected locally and nationally, with a compact city that’s easy to navigate and good public transport, making it convenient for residents to commute and explore.

Parnell House will reside within a celebrated heritage building at 21 Parnell Place, the former Newcastle Beach Hotel, artfully re-imagined

First look: WINIM reveal Newcastle's most expensive penthouses atop Parnell House

Sydney’s iconic Coogee Bay Hotel is set for a transformation.

Plans have now been approved to transform the landmark watering hole and hotel on the corner of Arden Street and Coogee Bay Road, creating new hotel rooms, a refurbishment of the current building, and the addition of a shoptop housing development with 58 apartments, 11 retail premises, and an internal laneway from Coogee Bay Road.

The approval comes after more than four years of design and planning, discussions with stakeholders, community consultation and mediation between the owners of the <a href="/developments/coogee-nsw-2034">Coogee</a> Bay Hotel and <a href="/developments/randwick-nsw">Randwick</a> City Council. &nbsp;

The Sydney Eastern City Planning Panel&nbsp;granted a Deferred Commencement Consent, consent that will become operational once there has been a resolution of a noise management plan with Randwick City Council.&nbsp;

In their determination, the Panel considered the major changes made by the applicant to their original development application lodged in July 2021. These included an improvement of bulk and scale, a reduction in height, removal of the proposed supermarket and improvement of urban form and amenity. It was also noted by the Panel that view loss was reduced by the amended plans.&nbsp;

<img alt="Coogee Bay Hotel redevelopment gets the green light - internal laneway" data-entity-type="file" data-entity-uuid="d40acb8d-20ea-42ce-919d-901766674e83" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Coogee%20Bay%20Hotel%20Redevelopment%20Internal%20Lanway%20from%20Coogee%20Bay%20Road%20to%20Arden%20Street.jpg?VersionId=_J8cZuNHA6PjB36ZsvFxzdjRoelvecMv" />

Chris Cheung, Managing Director of the Coogee Bay Hotel, said: “We are happy to be finally moving forward and excited to deliver a renewed Coogee Bay Hotel that will reinvigorate the &nbsp;Precinct. &nbsp;

“This significant 8500 sqm site is in the heart of Coogee, provides a gateway to the oceanfront, and offers excellent access to services and public transport," Cheung said."&nbsp;&nbsp;

“As members of the community for the past 30 years, we understand the local environment and believe our plans will better integrate the hotel within the community and reinvigorate the entire site. The proposal will enhance the heritage elements of the hotel building, upgrade its accommodation offering, create a wider range of entertainment, dining options and public meeting spaces, and create a more family-friendly environment. &nbsp;

“Re-casting the Coogee Bay Hotel as a more family-friendly place will improve social outcomes, add value to local business, boost the local economy and complement the character of the local area."

<img alt="Coogee Bay Hotel redevelopment gets the green light - vicar street" data-entity-type="file" data-entity-uuid="2bcbf36e-e823-4ca2-8ee2-4b68b855afec" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Coogee%20Bay%20Hotel%20Redevelopment%20from%20Vicar%20Street.jpg?VersionId=akWABmOSGS2gAHA1JA828IwEejnLc9SI" />

The approval includes the demolition of buildings, works to the Coogee Bay Hotel including refurbishment to provide for 18 hotel rooms, a new three-storey building to the southern side of the beer garden with 13 new hotel rooms (resulting in a total of 31 hotel rooms), construction of five/six storey shop top housing comprising 58 dwellings, 11 retail premises, internal laneway from Coogee Bay Road, basement parking for 158 cars, subdivision, landscaping and associated works. &nbsp;

Discussions between the owners and Randwick City Council on the redevelopment proposal began in 2019. &nbsp;

The original development application was lodged in July 2021 and an 18-month mediation process with Randwick City Council in the Land and Environment Court has led to the grant of the Development Consent. &nbsp;

Discussions between the owners and Randwick City Council on the redevelopment proposal began in 2019

Latest Property News

First look: Level 33 upsizes Wollongong apartment towers

Guides

Editor's Picks

Guides

Developments

New apartments

New townhouses

News

Latest Property News

First look: Level 33 upsizes Wollongong apartment towers

Guides

Editor's Picks

Receive the latest news stories to your inbox

Guides

Developments

New apartments

New townhouses

News