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?

Woolworths Group's proposal for a mixed-use development in Waterloo is taking a significant step forward with its recent determination approval.

Their development arm Fabcot <a href="/news/nsw/woolworths-venture-into-apartment-projects-starting-in-sydneys-waterloo">moved into the residential development sector</a> around three years ago, signalling their intent first in Waterloo, before revealing more projects in Neutral Bay and Rose Bay.

The planning proposal for their site at 923-935 Bourke Street, <a href="/developments/waterloo-nsw-2017">Waterloo</a>, which garnered unanimous support from the Central <a href="/developments/sydney-nsw">Sydney</a> Planning Committee (CSPC) and the City of Sydney Council in late 2023, was officially gazetted in March 2024.

Concept plans have been put together by <a href="/architects/bates-smart" target="">Bates Smart</a> for the development, which will see apartments sit above a new Woolworths Metro, with some dedicated to affordable housing for key workers. At this stage, all images are concept plans.

<img alt="Woolworths Group receive determination approval for Waterloo mixed-use" data-entity-type="file" data-entity-uuid="e44d1932-f8e0-4395-adad-d65f1f6f6795" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/woolworths-waterloo-design-features.jpg?VersionId=E.VxfkxoBcjztrMcRxIO1gx2sEnmnYqG" />

Waterloo and its neighbouring suburbs have witnessed substantial population growth in recent years, with projections indicating an influx of approximately 40,000 new residents by 2036.

Despite this growth, the area remains underserved by full-line supermarkets, making Woolworths' mixed-use development a significant addition to address a 9000-sqm undersupply of supermarket floor space in the area.

Once completed, the development is expected to become a vibrant local hub offering not only a full-line Woolworths supermarket but a range of amenities, including 2000 sqm of commercial space, 1500 sqm of specialty retail, dining options, landscaped open areas, and 120 architecturally designed apartments.&nbsp;

A Design Excellence Competition was conducted to select the project's architect, with the winner to be announced in June 2024.

<img alt="Waterloo" data-entity-type="file" data-entity-uuid="35748dce-8d01-4020-b6bb-b665347a3a90" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-08%20at%2010.25.36%20am.png?VersionId=FxYZGw2Gh8YkjACuDTitcPt8Eklbydsv" />

The project also encompasses pedestrianised through-site links, retention of over 80 per cent of existing street trees and provision of 10 per cent affordable housing.

In addition to meeting the housing and retail needs of the community, the development will exceed BASIX requirements and support the City of Sydney’s Net Zero 2026 initiatives.&nbsp;

The strategic location of the mixed-use development, being a 10-minute walk to public transport including Green Square Train Station and Waterloo Metro Station, along with its proximity to parks, cafes, and other local attractions, makes it an increasingly desirable and accessible area to residents and visitors alike.

The development is expected to become a vibrant local hub offering a full-line Woolworths, 2000 sqm of commercial space, 1500 sqm of specialty retail, dining options and 120 apartments. 

Woolworths receive determination approval for mixed-use Waterloo development

The burgeoning Stones Corner in Brisbane, on the fringe of the Woolloongabba Olympic precinct, is set for a new apartment development with the recent approval of a two-tower project just off Hanlon Park.

Peter Gartshore from the family-ran Idec Group is behind the plans on the 3,846 sqm site at <a href="/new-apartments/73-85-cleveland-street-stones-corner">73-85 Cleveland Street</a>, which will feature a striking skybridge connecting the two recreational rooftops designed by NMDS Architecture.

The development will have 226 apartments, split into 79 one-bedroom apartments, 83 two-bedders, 62 three-bedroom units, and only two four-bedroom apartments.

The skybridge will connect the two rooftop recreation areas that total 1273 sqm, allowing residents from both towers to access the full range of recreational facilities that include&nbsp;a pool, spa, terrace area, gym, sauna, showers, change rooms, alfresco and indoor dining areas, a theatre, community garden, and a dedicated dog walking area.

The submitted town planning report highlights the strategic importance of the proposed site in&nbsp;<a href="/developments/stones-corner-qld-4120">Stones Corner</a>, stating that it falls within a growth node on a selected transport corridor identified under the City Plan. It emphasises that areas within these nodes offer opportunities for more intense urban forms that cater to the needs of the local community.

<img alt="Twin tower apartment development proposed for Stones Corner" 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%202023-05-16%20at%2010.57.15%20am_0.png?VersionId=HA9ugUKWWoVT.sMLNezZta6A1OGOH1dn" />Render of the proposed twin tower&nbsp;<a href="/developments/stones-corner-qld-4120">Stones Corner</a>&nbsp;development. Credit: NMDA Architecture

The report emphasises the housing crisis in the southeast Queensland region, with low rental and housing stock levels, and states that the project will provide 226 additional housing opportunities near centres, community services, and transport options.

<a href="/developments/stones-corner-qld-4120">Stones Corner</a>, located just over two kilometres from Woolloongabba, the home of the 2032 Olympic Games, is undergoing significant urban transformation with the aim of residential and mixed-use densification.<img alt="Twin tower apartment development proposed for Stones Corner" 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%202023-05-16%20at%2010.57.40%20am.png?VersionId=gqA7E4EGRrPWzlrhMaNWTPJ1RuYS0exI" />Render of the proposed twin tower&nbsp;<a href="/developments/stones-corner-qld-4120">Stones Corner</a>&nbsp;development. Credit: NMDA Architecture

The development will prioritise green spaces and landscaping. The landscaping design by Wild Studio includes vertical green walls extending the full height of the building, feature trees at the main entrance on Cleveland Street, raised garden beds, and planter boxes with climbing and cascading plants.

The integration of greenery aims to create a vertical, subtropical micro-climate that enhances the building's appearance, provides cooling to residents, and contributes to the overall streetscape.

The development will include three basement levels with space for 330 cars. While the area is well-serviced by public transport, alternative transportation options will also be provided to residents. A car share system will enable those without vehicles to access ten electric vehicles, and there will be ample bicycle parking spaces, 283 in total, supported by an on-site bicycle workshop.

The project will comprise 226 apartments ranging from one to four bedrooms on a 3,846 sqm site at 75-85 Cleveland Street

New apartment development approved for Stones Corner

Latent Defects Insurance (LDI), is changing the game for off the plan apartment buyers in Australia.

This insurance product provides off-the-plan apartment buyers with a 10-year warranty on their new apartment and the building it's situated in. The cover is purchased by the property developer/builder (pre-construction) and is designed to protect owners against any immediate or future problems with the structural components of their new property, from leaks to cracks and everything in between.

Some of Sydney’s biggest and most respected developers have embraced the new insurance. The likes of Deicorp, Kanebridge, <a href="/developers/abadeen-group">Abadeen</a>, Coronation Property and Urban Property Group have rolled out the insurance across some, if not all of the projects they’re currently undertaking.&nbsp;

Sydney-based Resilience Insurance, the first insurer to launch LDI in Australia, is now taking the product national, and is having conversations with developers in Melbourne, Brisbane, the Gold Coast and Perth.&nbsp;

<h2>How does Latent Defects Insurance work?</h2>

Resilience Insurance CEO Corey Nugent says the insurance, which has been around for about seven decades across the globe, benefits both the purchaser and the developer.

“Ultimately what we’re trying to do is build better buildings the consumers can have trust in, but more importantly improve the post completion and settlement process, so that when buyers take possession, they have full insurance protection, from day one, for 10 years” Nugent says.

“The insurance protects the buyer from any structural defects in the building, and developers who have taken Resilience LDI have reported an uptick in both sales volumes and sale values compared to competing developments that don’t have Resilience LDI.”

[smartcode_project:default project_id=7106 project_image_fid=239175]

While giving confidence to the consumer at the end of the build, Resilience LDI is actually in place throughout the build process. Rather than it solely being used as a rectification product, the insurance kicks in to fix issues when they arise, rather than down the track following completion. Of course the insurance protects owners at that stage too, however the ideal scenario is any problems that come up during the building get fixed well before settlement.

Resilience has a string of expert partners who are onsite even before construction has started to ensure even the ground the development is being built on is structurally sound.

<h2>What does LDI mean for off the plan apartment buyers?</h2>

A survey undertaken by MatterFact, Apartments.com.au’s data product, shows the biggest thing holding back prospective purchasers from buying an off the plan apartment is the trust and faith they have in the developer, followed closely by the concern the build won’t be of good quality. It was a common consensus on the survey conducted from state to state, where delivery was much more of an issue raised compared to budgets, approvals or price of the apartment.

[smartcode_project:default project_id=112966 project_image_fid=213736]

“LDI is about to change the game in the off the plan apartment market,” Apartments.com.au CEO Mike Bird says, adding that the insurance will be a huge boost to helping solve Australia’s housing crisis.

“With the large imbalance of supply and demand in Australia, there has to be a move to off the plan apartments, but to get there, consumers need to be more confident in delivery.

“Unfortunately the industry has been tarnished by a small number of developers who haven’t acted on behalf of the consumer in the last five years or so. Developers who have Resilience LDI are telling consumers that they’re in a partnership with them, and they will deliver the quality that they promised. If they don’t, then the insurance protects the purchaser, without all the trials and tribulations of litigations and long, drawn out court cases which often cost thousands of dollars as well as significant upheaval whether it be mental or physical.

<h2>How does Latent Defects Insurance impact the developer?</h2>

Data collected by MatterFact also showed 60 per cent of off the plan apartment seekers would pay over 1.5 per cent of the apartment price for it to have LDI cover, which typically outweighs how much it costs a developer to purchase Resilience LDI.&nbsp;

Nugent says there have been instances already where developers have reported prices with a four to five per cent increase due to them having LDI, compared to similar projects in the same area.

[smartcode_project:default project_id=134951 project_image_fid=223715]

While there’s been a handful of progressive new tools to try and build confidence in the off the plan industry, such as the iCIRT-rating system and KMPG’s Building Trustworthy Indicator, no one has gone as far as Resilience LDI in terms of actual protection for an off the plan apartment buyer.

NSW Building Commissioner David Chandler recently lauded the introduction of LDI, suggesting it will improve the design and construction of apartment buildings in NSW.

“These reforms have come about due to the united commitment of government and industry to transform the NSW construction sector,” Chandler said.

“NSW is now in the position of being a national leader in offering an insurance product of this type for Class 2 buildings because of the three years of conscious effort and commitment by Government and industry to the journey we have been on under Construct NSW.

“We’re looking to clean up the market and bring an end to expensive litigation against developers who have deep pockets or subsequently vanish into thin air.”

To find out more about Resilience LDI, <a href="https://resilienceinsurance.com.au/">click here</a>.

Resilience Insurance CEO Corey Nugent says the insurance, which has been around for about seven decades across the globe, benefits both the purchaser and the developer

What is Latent Defects Insurance and is it bringing confidence to the off the plan apartment market?

Melbourne developer Givoni Projects has revealed its latest apartment development.

After success in boutique apartment developments in Toorak and Prahran, Givoni, led by Paul Givoni, has launched <a href="/new-apartments/caulfield-north-110-112-balaclava-road-caulfield-north">Caulfield North Residences</a>, named after their location in <a href="/new-apartments/caulfield-north-vic-3161">Caulfield North</a>. Gary Peer is marketing the development of just 17 two and three-bedroom apartments which start from $1.65 million.

Designed by <a href="/architects/telha-clarke-architects">Tehla Clarke</a>, Caulfield North Residences exhibits a sense of elegance and grandeur characterised by its symmetrical forms, deep window reveals, and horizontal detailing, integrating with the surrounding landscape while exuding permanence.&nbsp;

The fusion of admired nuances of European Modernist architecture and contemporary attributes creates a welcoming and spacious environment inside the homes.

<img alt="Caulfield North" data-entity-type="file" data-entity-uuid="8c305b34-a7a9-4b63-aa56-30137c4ccfe3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-07%20at%2012.25.19%20pm.png?VersionId=VwdkPVWVXvEcFBFkYpsKbYUSaHr6aBnO" />

Generous living areas with timber floorboards meet floor-to-ceiling windows which maximise natural light and open to a balcony. The living spaces also meet the kitchens that feature stone countertops and state-of-the-art appliances and tapware.

Residents have the flexibility to combine floor plans and customise spaces according to their preferences, ensuring that each home reflects the unique style and preferences of its occupants.<img alt="Caulfield North" data-entity-type="file" data-entity-uuid="8823ce57-d0b4-4d75-8817-4ae5c3c4a0d3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-07%20at%2012.25.31%20pm.png?VersionId=kF104mErduIDOJ9wOVkE3Wr_D8tx.CiF" />

Caulfield North Residences come with single-level car parking for security and convenience, and the inclusion of EV charging stations within the garage underscores a commitment to sustainability and modernity.

Located at 110-112 Balaclava Road, Caulfield North Residences offer the perfect blend of tranquillity and accessibility, less than a 15-minute walk to Caulfield Park, a five-minute ride to Caulfield Racecourse, and a 27-minute drive to <a href="/new-apartments/melbourne-vic">Melbourne</a> CBD.

Caulfield North Residences is slated for completion in July 2025.

[smartcode_project_cta:default project_id=139176]

Located at 110-112 Balaclava Road, Caulfield North Residences offer the perfect blend of tranquillity and accessibility, less than a 15-minute walk to Caulfield Park, a five-minute ride to Caulfield Racecourse, and a 27-minute drive to Melbourne CBD

Launch Alert: New Caulfield North apartments revealed

Tim Forrester's Aria Property Group is set to continue its transformation of South Brisbane with another sustainable apartment development approved.

They've been given the green light by the Brisbane City Council to develop a new tower on a triple block at <a href="/new-apartments/164-190-melbourne-street-south-brisbane">164-190 Melbourne Street</a>, where the former Malouf's Fruit Shop and Bond's Sweet Factory once stood.

<img alt="ARIA Property Group South Brisbane apartment tower" data-entity-type="file" data-entity-uuid="4e4cefd0-ab13-4f32-ab2c-8a7077f95164" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ARIA%20South%20Brisbane%20podium.jpg?VersionId=Qvpj8vTV5gasTbYdKC.LL20ejymtsQym" />

The sustainably conscious developer, known for their signature rooftop amenity and sustainability efforts, will be constructing a new apartment tower at 33 Manning Street, on the corner of Melbourne and Manning Streets—the first of three towers across the amalgamated site.

Aria has collaborated with <a href="/architects/bates-smart">Bates Smart</a> and <a href="/architects/richards-and-spence">Richards &amp; Spence</a> for the design and development of the approved tower, slated to feature 84 apartments spread across 14 levels, along with extensive rooftop amenities.

The design statement submitted to the <a href="/new-apartments/brisbane-qld">Brisbane</a> City Council emphasised the tower's spacious dwellings catering to a diverse population, including families and students.

The design emphasises natural light, cross ventilation, and practical living considerations, including private bedrooms, generous kitchens, and flexible living spaces.&nbsp;

<img alt="ARIA Property Group South Brisbane apartment tower - pool" data-entity-type="file" data-entity-uuid="151973fe-6fd1-47e4-ac32-86c6e45b45d5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ARIA%20South%20Brisbane%20pool.jpg?VersionId=omiTiq1hYRaI1XODP3dMZajkJxWqDnO7" />

The tower's amenities include a commercial gym on the first level, a 20-metre pool at the heart of the rooftop, a plunge pool with city views, an amphitheatre for evening cinema, and a residents' dining room.

The new project adds to Aria's portfolio in <a href="/developments/south-brisbane-qld-4101">South Brisbane</a>, following their successful <a href="/new-apartments/trellis-20-edmondstone-street-south-brisbane">Trellis</a> development known for its sustainable features and their flagship development, <a href="/buildings/the-standard-13-17-manning-street-south-brisbane">The Standard</a>, located in the vibrant Fish Lane precinct.

[smartcode_project_cta:default project_id=112380]

The new project adds to Aria's portfolio in South Brisbane, following their successful Trellis development known for its sustainable features and their flagship development, The Standard, located in the vibrant Fish Lane precinct

Aria set for new South Brisbane apartment tower after council nod

Sydney's skyline is set to transform with the approval of new dual-tower development plans overlooking Hyde Park in the heart of the city.&nbsp;

The project, which is linked to Chinese developer Shimao Group Holdings, will comprise 259 apartments across two 28 and 30-level towers, set above commercial and street-level&nbsp;retail at <a href="/new-apartments/169-183-liverpool-street-sydney">175 Liverpool Street</a>.

&nbsp;

<img alt="Sicard Pty Ltd green lit for dual-tower apartment overlooking Hyde Park " data-entity-type="file" data-entity-uuid="0f690a00-e5c3-43b3-8af3-2c22fb918670" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Hyde%20Park%20Liverpool%20st.png?VersionId=EiLiXUnLjhXpspp0yp8rcqO.WXxvxJQr" />

The design, selected through a competitive process that highlighted <a href="/architects/bates-smart">Bates Smart</a> as the winning scheme, was praised for its thoughtful integration with the surrounding environment, including a respectful approach to the adjacent ANZAC War Memorial and Hyde Park.

"To respect the primacy of the Memorial we designed a ‘quiet’ building free from visual distractions and unnecessary formal manipulation, that would not distract from the visual prominence of the memorial," the statement read.

<img alt="Sicard Pty Ltd dual-tower apartment overlooking Hyde Park " data-entity-type="file" data-entity-uuid="faf55f44-9e38-4558-87a1-1a1604cf083f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Hyde%20Park%20podium.png?VersionId=dcw7NAN89zYwUHfXCxonWBVMeIxLSolf" />

The project's suitability for the site and its context, with careful consideration given to neighbouring developments, streetscape aesthetics, and the overall urban setting was one of the crucial aspects contributing to the approval of the proposal.

The mix of land uses, including residential, commercial, and retail, is also expected to invigorate the area's vitality without compromising environmental or amenity standards.&nbsp;

Moreover, amendments made to the initial proposal address community concerns, underscoring a commitment to responsible urban development.

This approval adds to the interest in development around Hyde Park, reflecting a broader trend of urban revitalisation in Sydney.&nbsp;

With projects like <a href="/new-apartments/111-castlereagh-sydney-111-castlereagh-street-sydney">111 Castlereagh Street</a>&nbsp;by <a href="/developers/cbus-property">Cbus</a>, the <a href="/new-apartments/sydney-house-194-204-pitt-street-sydney">City Tattersall Club</a> redevelopment by <a href="/developers/icd-property">ICD</a>,&nbsp;and Deicorp's <a href="/new-apartments/hyde-metropolitan-sydney-133-141-liverpool-street-sydney">Hyde Metropolitan</a> down the road, the approval of the dual tower highlights Sydney's ongoing commitment to balanced urban growth.

The approval adds to the interest in development around Hyde Park, reflecting a broader trend of urban revitalisation in Sydney. 

Two-tower apartment development greenlit on Sydney's Hyde Park

Brisbane developer Skyhold has settled on its prime Balmoral site where it will soon be launching a new $150 million apartment development.

Skyhold's Zhen Chen bought <a href="/new-apartments/91-lytton-road-balmoral">91 Lytton Road, Balmoral</a>, a 23,265 sqm site, for $27.5 million three years ago, with settlement just occurring.

Last year Skyhold <a href="/news/qld/fender-katsalidis-designed-plans-lodged-for-balmoral-apartment-development">submitted plans to the Brisbane City Council</a> for four medium-density buildings that were recently approved. There will be&nbsp;mix of two and three-bedroom apartments and penthouses, as well as 14 townhouses.

“<a href="/developers/skyhold">Skyhold</a> is excited to be launching our next signature project within the upmarket <a href="/new-apartments/bulimba-qld-4171">Bulimba</a>/<a href="/new-apartments/balmoral-qld-4171">Balmoral</a> catchment," Zhen Chen said.

"Opportunities of this scale within the inner city are almost non-existent and our vision for the site aligns with this once-in-a-generation opportunity.

“Our vision, designed by internationally celebrated architect Fender Katsalidis responds to current market demands, resulting in generous private open space alongside intergenerational communal recreation opportunities. The development offers housing diversity for housing entrants as well as 
right-sizers within the area."

<img alt="Skyhold" data-entity-type="file" data-entity-uuid="acfe7666-58f7-486a-b5c0-e71d24febc1e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-07%20at%209.58.59%20am.png?VersionId=i8s6WSG9EUd6WdRdgczJO4UN0pQCQ3eC" />

Knight Frank's Blake Goddard, who sold the site, said it was sought after during the sales campaign.

“During the campaign we had strong interest in the property, with over 120 enquiries from a range of buyers attracted to the uniquely large parcel of land with multiple favourable development outcomes," Goddard said.

“The site lies within one of Brisbane’s most popular and prestigious residential locations, <a href="/new-apartments/balmoral-qld-4171">Balmoral</a>, a suburb that has ideal neighbourhood amenity and close proximity to the Brisbane River, less than four kilometres from the CBD.

“A residential development on the site will benefit from the strong demand to live in the area and the high surrounding residential dwelling price."

Fender Katsilidis, who designed the project, said in the Urban Context Report as part of the project submission that their vision is to repurpose an under-utilised site into a vibrant, medium-density residential precinct optimising its existing natural landscape and bring greenery across the precinct and into the residences spread across the site.

The site will home four medium-density buildings with a range of apartments and townhouses on offer

Skyhold settle on Balmoral site for $150 million new apartment development

The billionaire Neilson family has revealed plans to revitalize an old commercial strip in the heart of Redfern.

The plans, which will transform a row of industrial-style commercial spaces across&nbsp;<a href="/new-apartments/2-30-vine-street-redfern">2-30 Vine Street and 32-34 Eveleigh Street</a>, have been filed by a company tied to Paris Neilson, the daughter of billionaire arts patron Judith Neilson and investment banker Kerr Neilson, and her husband Todd Barcombe

They're proposing a new mixed-use building on the three-lot amalgamation, creating a 2,406 sqm, L-shaped site.&nbsp;

<img alt="Neilson" data-entity-type="file" data-entity-uuid="a30c862c-f79c-4a3e-b22d-203fbea50eeb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-06%20at%2012.27.46%20pm.png?VersionId=X3wmIxL5VYekUUaozqOwqWIbSYMssYN9" />

The $30 million sketch plans have been submitted as a State Significant Development to the NSW Government, given the estimated cost exceeds the $10 million requirement to be categorised as State Significant Development under Schedule 2 of the Planning Systems SEPP.

Because the proposed&nbsp;building does not exceed more than six levels from ground level, it did not require a competitive design process. Koichi Takada Architects won a limited architectural competition for the site in November 2023.

<img alt="Takada" data-entity-type="file" data-entity-uuid="60f7a54d-d877-432f-839b-08afd60b42f8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-06%20at%2012.20.55%20pm.png?VersionId=9PILSqZK0dviFu1MKT67X7cGfQ7krtT2" />

Their plans envision a part three-level, part six-level building with&nbsp;retail, commercial, and residential spaces above basement parking. Proposed are&nbsp;a total of 20 commercial spaces and two street-level retail tenancies.

A through-site pedestrian link will be created at the heart of the development, connecting Vine Street to Hudson Street. Partially open communal spaces will be created fronting Eveleigh Street to the east.

There are 23 apartments planned, 12 one-beds, nine two-beds, and two three-bedroom units.

The site is around 500 metres from Judith Neilson's famous White Rabbit Gallery in Chippendale.

There are 23 apartments planned, 12 one-beds, nine two-beds, and two three-bedroom units.​​​​​​

First look exclusive: Billionaire Neilson family to develop new Redfern mixed-use building

Hampton is renowned for its beaches, charming streets, and strong community spirit.

Its open parklands and lively centre featuring popular cafes, restaurants, and shopping destinations contribute to making <a href="/developments/hampton-vic-3188">Hampton</a> an appealing residential choice at any stage of life.&nbsp;

Future residents of developer <a href="/developers/wickton">Wickton</a>'s <a href="/new-apartments/linacre-rise-hampton-8-10-linacre-road-hampton">Linacre Rise</a> can anticipate various local amenities within convenient reach, starting with Linacre Private Hospital just next door, ensuring peace of mind especially for older residents and their families.

[smartcode_project:default project_id=95289 project_image_fid=229699]

Positioned on a quiet, tree-lined street at 8-10 Linacre Road, residents can enjoy a peaceful environment that is characteristic of Hampton living.&nbsp;

Peace Park, just a two-minute walk away, offers a quiet green space for relaxation and meditation.&nbsp;

The dog-friendly beach at Sandringham Harbour is an eight-minute walk, providing an opportunity for residents to enjoy the beach with their furry pets.

Meanwhile, golf enthusiasts can indulge in their passion at the Sandringham Golf Club, only an eight-minute drive from Linacre Rise.

[smartcode_project:default project_id=95289 project_image_fid=229696]

Connectivity is another strong point for Linacre Rise. Hampton Train Station is a convenient seven-minute walk away, facilitating easy commuting for residents relying on public transport. There is also a Woolworths situated near the station.

Within a 500-metre radius, residents can explore several restaurants and cafes, including Merrymen Café with just a three-minute walk, and Jac and Mooki, Sebastian’s Food &amp; Wine, and Brown Cow all within a five-minute walking distance.

Education options are also easily accessible. Sandringham Primary School, St Mary's School, and Hampton Primary School are all just a five-minute drive away.&nbsp;

St Leonard's College is six minutes away, and Monash University can be reached within a 20-minute drive.

[smartcode_project:default project_id=95289 project_image_fid=229694]

Linacre Rise offers 15 two-bedroom apartments starting at $1,275,000, and 12 three-bedroom apartments at $2.05 million.

The development is released back-to-back with its six-apartment counterpart <a href="/new-apartments/58-beach-hampton-58-beach-road-hampton">58 Beach</a>, located just a six-minute walk away.

[smartcode_project_cta:default project_id=95289]

Positioned on a quiet, tree-lined street, Linacre Rise residents can enjoy a peaceful environment that is characteristic of Hampton living. 

Between Hampton and Sandringham: How Linacre Rise takes advantage of two of Bayside's best suburbs

Developer Wickton&nbsp;entered the Hampton off the plan apartment market late last year with two different projects.

They're both aimed at the owner-occupier, but their more boutique project, <a href="/new-apartments/58-beach-hampton-58-beach-road-hampton">58 Beach</a>,&nbsp;only has two of the six large beachside apartments left, just a four-minute walk from <a href="/developments/hampton-vic-3188">Hampton</a> Beach.

[smartcode_project:default project_id=141530 project_image_fid=229655]

Designed by <a href="/architects/ewert-leaf">Ewert Leaf Architects</a> and landscaping by <a href="/landscape-architect/john-patrick-landscape-architects">John Patrick</a>, 58 Beach is a balance of the built and natural environment.

"The architecture’s coastal-inspired palette combines smooth, filleted concrete spandrels and textured parchment tone bricks, all crowned by verdant pre-oxidised shingles."&nbsp;Ewert Leaf described.

"From within, full-height windows frame immersive views of the lush gardens and the indigo hues of the bay beyond, with intention.

“Each residence is individually crafted through practical spatial planning, abundant natural light, refined materiality, bespoke detailing and premium fixtures and fittings. The interiors are both honest and unique, tailored for the address and crafted for the residents. A distinct feeling of home.”

The living and dining spaces are designed to flow into wraparound garden courtyards or expansive terraces, providing residents with wide beachfront vistas.&nbsp;

[smartcode_project:default project_id=141530 project_image_fid=229653]

The warm, minimalist interiors boast wide-plank engineered European oak timber flooring, concealed shelf lighting, and a natural stone plinth.

The kitchen, a practical and elegant space, features natural stone benchtops, extensive joinery, brushed nickel cupboard pulls, premium tapware, feature spotlights above preparation areas, and is well-equipped with Swiss V-ZUG appliances housed in a tower arrangement.

[smartcode_project:default project_id=141530 project_image_fid=229649]

The master suite features a walk-in robe and built-in robes in additional bedrooms.

The estimated completion date for 58 Beach is&nbsp;December 2024. Construction company&nbsp;<a href="/builders/2-moro-group">2 Moro Group</a>&nbsp;is overseeing the building for&nbsp;<a href="/developers/wickton">Wickton</a>.

[smartcode_project_cta:default project_id=141530]

The estimated completion date for 58 Beach is December 2024. Construction company 2 Moro Group is overseeing the building

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