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“Minister Chanthivong and his team have shown real leadership in replacing an outdated two-year bond with cover that matches the lifespan of the buildings people are buying into.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

Joel Robinson

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

Boutique property developer Kervale's completed Brighton apartment development, ESSENCE, has only one penthouse remaining.

The remaining penthouse is part of <a href="/buildings/essence-brighton-66-70-black-street-brighton">ESSENCE</a>'s Lux Living Collection, which includes four penthouses ranging from 200 sqm to 400 sqm with outdoor areas.

The available penthouse features a modern open-plan living space extending to a spacious terrace for outdoor entertaining.&nbsp;

[smartcode_project:default project_id=112893 project_image_fid=204990]

The interior includes a marble kitchen with an island bench and a master suite featuring a walk-in robe and an ensuite with a bathtub.&nbsp;

Secure car parks and a private storage room complete the unit.

Designed by the renowned <a href="/architects/bruce-henderson-architects">Bruce Henderson Architecture &amp; Interiors</a>, ESSENCE comprises 22 completed apartments spread across two distinct wings divided by a central courtyard.

The development includes 18 two or three-bedroom apartments with two bathrooms and two car parks, while the upper penthouse has four bedrooms and the remaining boasts three bedrooms, three bathrooms and three car parks.&nbsp;

<a href="/developers/kervale">Kervale</a> has smashed the <a href="/developments/brighton-vic-3186">Brighton</a> price record for selling the four-bedroom penthouse off-the-plan within its ESSENCE project for $10.2 million, equating to a whopping $22,000 sqm rate.&nbsp;

“The four-bedroom penthouse is the jewel in the crown, it has all the elements often reserved for an expansive house and truly is the epitome of luxury living in Brighton,” Kervale Sales Director Michael Ryan said.&nbsp;

Kervale Development Director, Stephen Horn said the sales were evidence the luxury apartment market is still thriving.&nbsp;

“The Brighton market is still thriving with buyers eager to capitalise on the limited new quality-focused stock hitting the market,” Horn said.&nbsp;

“ESSENCE offers a number of unique factors and features not available in nearby developments and the boutique nature of the project is highly appealing. This has led to a varied buyer demographic, ranging from young professionals to downsizers.”

[smartcode_project:default project_id=112893 project_image_fid=204989]

Located beneath the ground floor is a secluded set of amenities, including a private residents' area with a wine cellar, residents lounge area, private dining room, kitchenette, billiards table, and private gym and yoga studio.

Graham Morrison, Managing Director and Corporate Director of Bruce Henderson Architects, said the amenities on offer are reminiscent of a 6-star hotel.

“The idea behind the design was to be able to provide people with large homes to be able to downsize but still have the facilities they’re used to. In some cases they haven’t experienced this level of comfort before,” Morrison said.

In the parking area, amenities such as electric vehicle charging points, pet grooming facilities, bicycle storage, golf club lockers, and a car washing station make ESSENCE living unparalleled in terms of convenience.

[smartcode_project_cta:default project_id=112893]

Designed by the renowned Bruce Henderson Architecture & Interiors, ESSENCE comprises 22 completed apartments spread across two distinct wings divided by a central courtyard

One penthouse remaining in ESSENCE Brighton

Local Brisbane developer&nbsp;JGL Properties has completed its luxury Kangaroo Point apartment development, <a href="/buildings/thornton-11-thornton-street-kangaroo-point">Thornton</a>.

Recently delivered by&nbsp;<a href="/builders/hutchinson-builders">Hutchinson Builders</a>, Thornton is a 14-level residential building comprises just 16 full-floor, north-facing riverfront apartments at 11 Thornton Street, Kangaroo Point.

Simon Caulfield at Place Kangaroo Point secured the sell-out of all the apartments prior to completion.

<img alt="JGL Properties completes Thornton, Kangaroo Point" data-entity-type="file" data-entity-uuid="94a981e9-b744-4dbc-981d-67779b73e178" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Thornton%20living.jpg?VersionId=75d615B5IlVxHRTglb2Ua37le0lq8PNF" />

Designed in a collaborative effort involving <a href="/architects/bureauproberts">Architect Liam Proberts</a>, chef and restaurateur Thierry Galichet, gallerist and curator Phillip Bacon AO and artist Ralph Wilson, Thornton's contemporary glass tower and interiors combine functionality with aesthetic appeal.

Each unit within Thornton is designed for optimal cross-flow ventilation, facilitated by operable edges, and a façade made from insulated glass panels.&nbsp;

The panels create a fluid exterior that provides both shelter and airflow to the interior, while a glass frit adds density and shade, echoing Brisbane’s traditional veranda design.

<img alt="JGL Properties completes Thornton, Kangaroo Point - panels" data-entity-type="file" data-entity-uuid="4ac24ec0-9233-4772-af5b-60655e437d06" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Thornton%20bedroom.jpg?VersionId=4aJXd63VOPgPF4LJmd_gZte53sXUh663" />

Thornton is located on the final riverside address at <a href="/developments/kangaroo-point-qld-4169">Kangaroo Point</a>, offering 33 metres of direct Brisbane River and park frontage, where residents can enjoy panoramic views spanning from the Botanic Gardens, across the city skyline, to the Story Bridge.

The development is within walking distance of the new Kangaroo Point Pedestrian Green Bridge, Woolworths, cafes, and Queen's Wharf.&nbsp;

Thornton is also directly connected to riverfront walkways and bikeways, with the Thornton Street ferry terminal offering transit to New Farm, Teneriffe, Howard Smith Wharves, the city centre, QPAC, and South Bank.&nbsp;

Leading educational institutions such as Anglican Church Grammar School, Somerville House, and All Hallows' are also nearby.

[smartcode_project:default project_id=9018]

Thornton was designed in a collaborative effort involving Architect Liam Proberts, chef and restaurateur Thierry Galichet, gallerist and curator Phillip Bacon AO and artist Ralph Wilson

JGL completes Thornton, Kangaroo Point apartments

The City of Sydney has approved the development application for Toohey Miller's new apartment project on Liverpool Street, Darlinghurst.&nbsp;

The development will deliver 14 two and three-bedroom units to the market, marking the second collaboration between Toohey Miller and renowned architectural firm <a href="/architects/woods-bagot">Woods Bagot</a>.

The seven-storey building on a 685 sqm site at 379 Liverpool Street will sit in the heritage-rich environment of <a href="/developments/darlinghurst-nsw-2010">Darlinghurst</a> and will offer panoramic views of the Sydney skyline, including landmarks such as the Harbour Bridge and the Opera House.&nbsp;

The project aims to integrate seamlessly with the architectural character of the area, drawing on the heritage fabric of the surrounding streetscape.

<img alt="Toohey Miller to build art-deco apartments on Darlinghurst heritage-conservation 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/Screen%20Shot%202022-09-06%20at%2010.56.31%20am.png?VersionId=DTvy.fB6J_khIJ2C.0OvkjVbx7qQadIr" />

&nbsp;

Two apartments will sit across each floor, spanning from 95 sqm to 150 sqm, with the level six apartments benefiting from a private rooftop terrace with a plunge pool and seating.&nbsp;&nbsp;

In keeping with surrounding roof terraces, the proposal celebrates the crowning space with a communal resident’s space, complete with dining and seating space in addition to the covered amenity space across the ground level.&nbsp;

<img alt="Toohey Miller to build art-deco apartments on Darlinghurst heritage-conservation 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/Screen%20Shot%202022-09-06%20at%2011.06.37%20am.png?VersionId=.fJls1JT0hU5e6l3__v4EpvIXarzJPW1" />

The building palette is derived from the site through native planting, sandstone materiality, and detailing reminiscent of the original buildings that surround it. Dangar Barin Smith is handling the landscaping.

It's been two application approvals in two weeks for <a href="/developers/toohey-miller">Toohey Miller</a>, led by Nick&nbsp;Couloumbis. Earlier this month they got the green light for their boutique Elizabeth Bay apartment development,&nbsp;<a href="/new-apartments/barncleuth-square-elizabeth-bay-4-4a-barncleuth-square-elizabeth-bay-nsw-2011">Barncleuth Square</a>. That will have just&nbsp;10 large owner-occupier apartments designed by SJB with views over Ruushcutters Bay.

It follows on from Toohey Miller's debut Elizabeth Bay project, <a href="/new-apartments/no-1-onslow-place-elizabeth-bay-1-onslow-place-elizabeth-bay">No.1 Onslow Ave</a>, which is now under construction.

It's been two application approvals in two weeks for Toohey Miller, led by Nick Couloumbis

Toohey Miller greenlit for Liverpool Street, Darlinghurst apartment development

Prominent Lower North Shore developer <a href="/developers/winim">WINIM</a> has filed plans for its next project.

It's planning a 42-apartment development in <a href="/new-apartments/lane-cove-nsw-2066">Lane Cove</a>, on a near-3000 sqm site across 1 Gatacre Avenue &amp; 1-5 Allison Avenue, a site they secured in 2021 for around $25 million.

The boutique building designed by <a href="/architects/pbd-architects">PBD Architects</a>, near the border of Artarmon, will replace an old three-level motel.

PBD said in their Design Report submitted to the Lane Cove Council the proposal seeks to sit in harmony with the existing context and also the newer developments that are arising in the nearby area, adding to and not diminishing the existing character.

"The architectural expression of the proposal seeks to find a balance between the existing neighbourhood character and to create a fresh new contemporary development that will bring great comfort, sanctuary and harmony to its occupants and also to the greater community and neighbourhood.

"Massing and façade details are designed to respond to both the desired character of the area and the existing context."

<img alt="PBD" data-entity-type="file" data-entity-uuid="e9d557f3-67c5-4916-865b-4f63215ae54f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-16%20at%2011.56.01%20am.png?VersionId=q9vQQ0dnTjNEYbPERYfigXHFzRAk1aDg" />

The building will have 44 units, a mix of six one-bed apartments, 18 two and 18 three-bedrooms, and two townhouses.

PBD says the proposal reflects current market demands to typologies and living patterns currently established in the local area.

Future residents will have access to community amenities found on the ground floor in the form of a cinema room and adjoining wine-tasting room. The building will be surrounded by landscaping by <a href="/landscape-architect/arcadia-landscape-architecture">Arcadia</a>.

WINIM has been busy in 2024, launching four residential projects.

They kicked off the year with <a href="/news/nsw/winim-reveal-huntington-residences-cremorne-luxury-apartment-development">Huntington Residences in Cremorne</a> then <a href="/news/nsw/winim-launch-second-apartment-development-in-2024-as-kl-o-mosman-hits-the-market">Kleo in Mosman</a> before more recently revealing <a href="/news/nsw/launch-alert-lume-gordon-townhouses-mark-winims-third-residential-launch-in-2024">Lume Gordon</a> and two <a href="/news/nsw/first-look-winim-reveal-newcastles-most-expensive-penthouses-atop-parnell-house">record-breaking penthouses in Newcastle</a>.&nbsp;&nbsp;

WINIM has been busy in 2024, launching four residential projects

First look exclusive: WINIM lodge plans for Lane Cove apartment development

<a href="/developers/huon-property-group">Huon Property Group</a> has received approval for their new residential development project in Brisbane's <a href="/developments/stones-corner-qld-4120">Stones Corner</a>.&nbsp;

The approved plans involve constructing a 15-level apartment tower at 22 Cleveland Street, which will consist of 114 apartments. This development is part of Huon's strategy to capitalise on the 2032 Summer Olympics hub in nearby <a href="/developments/woolloongabba-qld-4102">Woolloongabba</a>.

The tower, designed by <a href="/architects/z-architects">Z Architects</a>, will feature a mix of 78 two-bedroom units, including 20 with multi-purpose rooms, 41 three-bedroom units, with 15 also having a multi-purpose room, and ten double-storey sky homes, with the upper-floor sky homes offering private rooftop spaces.

The architectural design gives the appearance of two distinct towers, separated by a central recess on the north-western side.&nbsp;

<img alt="Huon Property Group lodge plans for Stones Corner 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%202023-03-09%20at%202.50.15%20pm.png?VersionId=x2fjUprALIr5DXEETSidSfdvg7Gm0M6H" />

The larger tower form will be located on the eastern part of the site towards Logan Road, while a narrower, more slender form will be on the western part towards Cleveland Street.&nbsp;

The design aims to preserve the original shop front, street entrance, and awning of the commercial character buildings along Logan Road, although parts of these structures will be partially demolished.

Landscaping is a significant aspect of the project, with deep planting and containerised planting above the podium level to enhance the building's breathability and reduce heat load.&nbsp;

These efforts are intended to contribute to the site's subtropical character and microclimate, with additional planting across the rooftop terrace.

The apartments are designed for modern living, featuring open-plan living areas and private balconies with views of the city skyline and surrounding neighbourhoods.&nbsp;

<img alt="Huon Property Group lodge plans for Stones Corner 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%202023-03-09%20at%202.53.15%20pm.png?VersionId=emi3CU32pRM42mVT4P0nVMa6U02FnL0f" />

The sky homes will have exclusive access to a portion of the rooftop terrace, while the remaining rooftop area will offer communal facilities, including a swimming pool, pool deck, barbecue area, co-working space, cinema, and formal dining room.

Additional communal facilities will be available on the podium level, such as a function room, gym, and communal lounge with terraces.&nbsp;

The development also includes 327 car parking spaces for residents and visitors, distributed across two basement levels, the ground level, and podium car parking areas. A stacker system will be used where possible to maximise space utility.

A proposed cross-block link will provide direct pedestrian access between Logan Road and Cleveland Street, running along the north-western boundary.&nbsp;

This link aims to improve pedestrian connectivity and break up the long stretch of Cleveland Street between Logan Road and the proposed Arcade on the northern boundary of Stones Corner Village.

The development site is located within four kilometres of <a href="/developments/brisbane-qld">Brisbane</a>'s CBD and is close to public transport options, including Stones Corner Busway Station and Buranda Train Station. The area also offers various retail amenities.&nbsp;

Huon Property Group is concurrently developing another project in Oxley, comprising 170 townhouses under the name Arabella.

The architectural design gives the appearance of two distinct towers, separated by a central recess on the north-western side

Huon Property Group secure approval for Stones Corner apartment development

Frasers has unveiled the heart of its $500 million masterplanned community, The Quarry.

The hub of the masterplan,&nbsp;a transformation the 48.7-hectare <a>Keperra</a> Quarry, is the recently completed $5 million resort-style facility ClubQ.

The facility features a 25-metre lap pool with an infinity edge, two further resort-style walk-in pools with an integrated waterfall and a kid's splash and play area, and a private wellness centre featuring a fully equipped gym and meditation room.&nbsp;

ClubQ also has a kitchen, an art gallery and future communal dining space, shared green space, and a sunset deck with sunken levels and built-in seating to capture panoramic views of the local D’Aguilar Range and beyond.&nbsp;

[smartcode_project:default project_id=141197 project_image_fid=228243]

<a href="/architects/rothelowman">Rothelowman</a> Project Leader Megan Schulte said the space had been designed to amplify life at <a href="/new-townhouses/the-quarry-by-frasers-property-1004-samford-road-keperra-qld-4054">The Quarry</a>.&nbsp;

“The built form of ClubQ takes cues from the existing environment and colours, reusing materials mined on site to build a sense of place,” Schulte said.&nbsp;

“Water and earth are celebrated throughout the ClubQ footprint as the lifeforce and heart of everything, &nbsp;even to the imposing 4-metre high, 54-tonne granite boulder that forms part of the building itself.”&nbsp;

“We have truly left no stone unturned to connect these vastly distinct spaces, from reusing site materials &nbsp;including monolithic stone in the spacious kitchen, to subtle touches like the geometry of the footpath and pool &nbsp;edges which resemble the microscopic edges of granite.”&nbsp;

&nbsp;

[smartcode_project:default project_id=141197 project_image_fid=228244]

The entertainment space overlooks a 3.7-metre LED screen and a collection of curated visual storytelling pieces presented as an art gallery that will become a communal dining space for future residents.&nbsp;

A mature Kauri Pine Tree sits front and centre at ClubQ, encased by windows as it seamlessly blends the inside and outside realms, adding natural light for picturesque views and enhanced golden hour scenes all year round.&nbsp;

Scott Ullman, General Manager of Queensland Development at Frasers Property Australia, said the ClubQ brought unique amenities and design aesthetic to a rugged environment.&nbsp;

“As The Quarry transforms over the next decade, ClubQ will become a timeless space for future residents to come together and enjoy social events and recreation long into the future,” he said.&nbsp;

“More than 40 per cent of the community is dedicated to existing bushland and newly curated green space and resident amenities. ClubQ is the heart of the Quarry, and an extension of the residents’ homes.” &nbsp;

&nbsp;

[smartcode_project:default project_id=141197 project_image_fid=228249]

The Quarry will feature a mix of 500 home and land sites, Rothelowman-designed terrace homes, and extensive placemaking.

The existing Keperra Quarry mines granite and will progressively curb operations as the development of the residential stages advances.&nbsp;

&nbsp;

[smartcode_project_cta:default project_id=141197]

The Quarry will feature a mix of 500 home and land sites, Rothelowman-designed terrace homes, and extensive placemaking

Frasers unveil ClubQ at $500 million Keperra Quarry masterplan

National developer&nbsp;<a href="/developers/equire">Equire</a>&nbsp;has started to welcome off the plan apartment buyers into its recently completed Ivanhoe apartment development,&nbsp;<a href="/new-apartments/locale-ivanhoe-1023-heidelberg-road-ivanhoe">Locale</a>.

Construction firm&nbsp;<a href="/builders/balmain-co">Balmain &amp; Co</a>&nbsp;recently finished off the build of the <a href="/architects/dko-architecture">DKO Architecture</a>-designed building at 1023 Heidelberg Road, next to Darebin Station.

The development is home to&nbsp;44 apartments, characterised by open-plan layouts and high-quality finishes, including stone-topped Miele appliances and integrated fridge-freezers.

[smartcode_project:default project_id=8748 project_image_fid=274671]

Each apartment extends onto either a courtyard, terrace or balcony, blurring the lines between indoor and outdoor living, while double glazing and heating and cooling ensure comfort year-round, along with energy efficiency.&nbsp;

Located just nine kilometres from the CBD, residents are strategically placed to take in all the city centre has to offer, along with the best of <a href="/developments/ivanhoe-vic-3079">Ivanhoe</a>, including shops, cafes, restaurants, schools, public transport and lush parklands.

Completed two-bedroom apartments start from $760,000.

[smartcode_project_cta:default project_id=8748]

Locale is home to 44 apartments, characterised by open-plan layouts and high-quality finishes, including stone-topped Miele appliances and integrated fridge-freezers

Equire and Balmain & Co complete Ivanhoe apartment development, Locale

Just two weeks after its official public launch, La Belle&nbsp;Palm Beach, the new luxury apartment development by serial Gold Coast apartment developer Marquee Development Partners, has netted over $100 million in sales.

In a testament to the ongoing strength of the southern Gold Coast market, <a href="/new-apartments/la-belle-palm-beach-332-the-esplanade-palm-beach">La Belle Palm Beach</a> has become the city’s fastest-selling project of 2024, with sales prices ranging from $2.5 million to $7 million.

Marquee Director Jacques Winterburn said the sales reflected an unyielding demand for the rare, absolute beachfront apartments in <a href="/developments/palm-beach-qld-4221">Palm Beach</a> from predominantly southern <a href="/new-apartments/gold-coast-qld">Gold Coast</a> locals.

[smartcode_project:default project_id=102340 project_image_fid=273589]

"It's a remarkable outcome for Marquee, our 11th and most impressive project to date," Winterburn said.

"The response has been overwhelming but expected. To receive over 1000 inquiries before launch underscores the considerable demand for this project and location."

Winterburn said the&nbsp;majority of buyers have emerged from the Palm Beach and southern Gold Coast, with some from <a href="/new-apartments/brisbane-qld">Brisbane</a>, <a href="/new-apartments/sydney-nsw">Sydney</a> and <a href="/new-apartments/melbourne-vic">Melbourne</a>.

Significant interest has also been observed from buyers in <a href="/new-apartments/burleigh-heads-qld-4220">Burleigh Heads</a>, with many looking to transition from esplanade-front properties to absolute beachfront residences in the serene northern Palm Beach area while still staying connected to Burleigh.

“Buyers have loved the layouts, uniqueness of the absolute beachfront position and the amenities package reflective of the large beachfront site – more than 3,300 sqm with over 40 metres of absolute beachfrontage - which we are spending more than $10 million enhancing with world-class amenities."

[smartcode_project:default project_id=102340 project_image_fid=273595]

&nbsp;

Many purchasers are local business owners downsizing or for use as lock and leave apartments.

“Interestingly, a number of purchasers work within the property and construction sector which shows how unique the project is and exemplifies the quality Marquee delivers,” Winterburn said.

[smartcode_project:default project_id=102340 project_image_fid=273593]

La Belle Palm Beach will rise 14 levels and offer 75 beachfront apartments in three, four, and five-bedroom layouts.

Residences will feature living spaces ranging from 150 sqm to 680 sqm, tailored for the discerning owner-occupier.

Leveraging the expansive site, <a href="/developers/marquee">Marquee</a>&nbsp;has integrated a series of five double-storey beach homes into La Belle Palm Beach, featuring spacious living areas of up to 388 sqm.

&nbsp;

[smartcode_project:default project_id=102340 project_image_fid=273596]

La Belle Palm Beach promises a diverse array of upscale amenities, including a heated outdoor pool and spa, multiple teppanyaki dining bars, and a resident’s lounge equipped with a billiard room, bar, and large screen TV for gatherings.

The development will feature a wellness centre featuring a state-of-the-art gymnasium, yoga and Pilates room, Nordic and Infrared saunas, indoor hydrotherapy hot pool, and two cold plunge immersion baths. Complementing these features is a 5-star hotel-style lobby with Porte cochère drop off, an arrival lounge and fully equipped private offices, catering to work-from-home needs.

Construction of La Belle Palm Beach is anticipated to commence in June 2024.&nbsp;

[smartcode_project_cta:default project_id=102340]

The majority of buyers have emerged from the Palm Beach and southern Gold Coast, with some from Brisbane, Sydney and Melbourne

Marquee net $100 million in sales at La Belle Palm Beach apartment development

The development site of the recently launched The Highlander, one of the first Melbourne CBD towers to be launched for several years, has hit the market.

The 352 sqm site&nbsp;at <a href="/new-apartments/the-highlander-melbourne-490-flinders-street-melbourne">490 Flinders Street</a>&nbsp;and 1-9 Highlander Lane comes with approved plans for a 24-level tower designed by Metier 3.&nbsp;

[smartcode_project:default project_id=13067 project_image_fid=256355]

Singaporean investment firm Havenport Investments had been seeking to develop the building that has 35 apartments, a ground floor with a residential lobby, a cafe, retail spaces, a basement level with a car stacker for 10 vehicles, bicycle parking, and site services.

&nbsp;

&nbsp;

<a href="/project-marketer/colliers">Colliers</a> is expecting the site to sell for around $12 million.&nbsp;

&nbsp;

[smartcode_project:default project_id=13067 project_image_fid=256357]

Colliers, Head of Investment Services – Victoria, Matt Stagg, said the permitted project is well advanced, offering an approved building envelope, positioned to capitalise on the premium view lines over the Yarra River and the high-end amenity stemming from the Rialto precinct that is around 75 metres away.

“We expect both local and offshore build-to-sell developers to compete for the site, as apartment pre-sales rates are improving across Melbourne," Stagg said.

"Population growth estimates show Melbourne to have the largest forecast migration of all the capital cities in Australia in the next 10 years”.&nbsp;

&nbsp;

Colliers is expecting the site at 490 Flinders Street and 1-9 Highlander Lane to sell for around $12 million.

The Highlander, Melbourne development site hits the market

A few months after launching their luxury Bondi Beach apartment development Mayfair, developer&nbsp;<a href="/developers/fenbury">Fenbury</a> is set to launch a new project on Pittwater.

They've revealed&nbsp;The Moorings, just eight home lots on&nbsp;Winji Jimmi Bay in <a href="/new-apartments/newport-nsw-2106">Newport</a>. Each has their own private and enclosed marina berth that can accomodate vessels between 25 to 30 metres.

Plans for the homes, across a&nbsp;6,000 sqm site at 122 Crescent Road, are by&nbsp;<a href="/interior-designers/scott-carver">Scott Carver</a>.

Land and marina berth prices start from $5.5 million, with prices for the land, marina berth and custom homes starting from around $9 million subject to size and finish.&nbsp;

&nbsp;

<img alt="The Moorings - dock" data-entity-type="file" data-entity-uuid="c3b1ee87-c261-4070-8a4e-15ede724b688" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Moorings%20dock.jpg?VersionId=Tq0yEUMjDVp6IVJiq8Nt0NTW9H682j5a" />

Domain Projects agent Peter Grant, who is marketing The Moorings, says it represents a rarity in the Australian real estate landscape that truly has the potential to meet buyers’ every need. &nbsp;

“Not often does a buyer have the luxury of creating a beautiful, unique custom-built home with an ongoing concierge service to ensure that every desire is catered for from design through to completion," Grant says.

“Underpinned by <a href="/developers/fenbury">Fenbury</a>, a developer that prides itself on creating and enhancing prestigious property portfolios, The Moorings genuinely provides an all-in-one solution for the most discerning buyers, the privileged few, who are also looking to establish and protect generational wealth.

"This value proposition, &nbsp;blending the ultimate in lifestyle with a future-proof asset is an aspect of the property journey that will appeal to astute buyers who place as much emphasis on the fiscal return as they do the value in living day-to-day in enviable luxury and share the experiences of a wonderful waterfront lifestyle that allows them to set sail from their very own doorstep."&nbsp;&nbsp;

<img alt="The Moorings - living" data-entity-type="file" data-entity-uuid="384cc5ae-305d-4536-b863-197194d2729c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Moorings%20interior.jpg?VersionId=NGWf2iUtkW4Bh9iUG0WVx5GeKxa8SJzP" />

Fenbury Founder and Managing Director, Sammy Soliman, says The Moorings is a perfect example of their vision to set their clients and their families up for continued success, in prestigious waterfront locations that are not only highly sought after right now, but so rare that their ongoing value is guaranteed.

"We are providing an end-to-end solution for those purchasers fortunate to be taking the ultimate step in their property journey as they set to focus on a luxurious lifestyle and sacred family time spent in a generational home that fulfils their dreams,” Soliman said. &nbsp;

<img alt="The Moorings - kitchen" data-entity-type="file" data-entity-uuid="9bcaa0b3-e413-4b1b-af72-961430f36eca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Moorings%20kitchen.png?VersionId=Y3MDEQ_CvSGWPGuAgkCOnna9DMRfl6u5" />

The configurations of the homes, which will be built with natural materials and stone can be chosen by the buyer but could include up to four bedrooms,&nbsp;a wine cellar, a cinema room, a pool and lift access. &nbsp;

&nbsp;

&nbsp;

<img alt="The Moorings - bathroom" data-entity-type="file" data-entity-uuid="3f3aecb9-f93b-4edf-b92b-c6467c40296c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Moorings%20bathroom.jpg?VersionId=LypVsF8tBVLVhynvwPJmvdu1iGyhuSEk" />

Director of Scott Carver Architects, Edward Salib, said the essence of The Moorings from a design perspective, lies in Fenbury’s commitment to individuality. &nbsp;

“The homes to be built at The Moorings, pending individual approvals subject to each owner’s personal vision, will ultimately be more than just buildings; but instead, living, breathing embodiments of &nbsp;Pittwater's history and the vision for an enriched, harmonious life. Each home will represent the intersection of where the past meets the future in a celebration of comfort, elegance, and a deep connection to the land and sea,” said Mr Salib. &nbsp;

The key to this remarkable approach lies in the recognition that every home is one of a kind. Each house, in its own way, will become a reflection of the land it graces and the views it beholds.&nbsp;

With planning approvals in place for site works, and lots prepared for immediate construction commencement, expressions of interest are now open for interested parties.

Fenbury’s residential pipeline includes the recently launched <a href="/new-apartments/mayfair-bondi-beach-58-campbell-parade-bondi-beach">Mayfair Bondi Beach</a>, a selection of seven three-bedroom residences on Bondi Beach, as well as Avalon Waterfront, an expansive 8,500 sqm site planned for subdivision into two one-acre lots that will home two luxury residences.

A collection of eight house, land and private marina berths on Sydney's northern beaches 

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