<a href="https://www.apartments.com.au/new-apartments/smith-by-valli-collingwood-224-228-smith-street-collingwood-vic-3066">Smith Collingwood</a> is a new boutique apartment development bringing a refined, design-led approach to one of Melbourne’s most established inner-city neighbourhoods.

Designed by <a href="https://www.apartments.com.au/architects/pandolfini-architects">Pandolfini Architects</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/lisa-buxton-interiors">Lisa Buxton</a>, Smith by Valli sits on iconic Smith Street and comprises just 22 residences tailored toward owner-occupiers seeking a more considered style of apartment living.

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The design of Smith focuses on a north-facing orientation across all residences, a relatively uncommon feature in dense inner-Melbourne settings. Each apartment has been planned to maximise natural light and outlook, alongside a material palette defined by warm tones, custom joinery, and a full suite of Gaggenau appliances.

The development comprises a mix of one, two, and three-bedroom apartments, with pricing currently ranging from just under $1 million to around $4.85 million for the premium penthouse-level residences, reflecting growing demand for luxury owner-occupier product in Melbourne’s inner urban market.

Residents will also have access to a private rooftop garden designed as an elevated retreat above the city, &nbsp;featuring curated landscaping, veggie boxes, intimate seating areas and spaces for relaxed gatherings. Sustainability has also been integrated into the project through a 7-star energy rating and two secure bicycle facilities for every residence.

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Smith by Valli sits in the heart of one of Melbourne’s most established retail and hospitality strips, within walking distance of venues such as Falco Bakery, Carnation Canteen and Alimentari, alongside parks and everyday services. With a Walk Score of 99, the location reinforces the project’s positioning toward buyers prioritising walkability and access over car dependency.

With only a limited number of residences, Smith reflects growing demand for smaller, highly curated apartment developments that prioritise design quality, liveability, and connection to neighbourhood character.

[smartcode_project_cta:default project_id=140747]

Joel Robinson

Smith by Valli delivers a refined collection of luxury residences to Melbourne’s inner north

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

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

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

Sydney’s YSG Studio makes Gold Coast multi-residential debut with BIG Projects at The Frederick

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

ALTA Property to deliver $200 million Queens Road apartment tower

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>

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Ellen Walker

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

Arium, the new apartment development arm of Sunland's Abedian family, has rethought its plans for its prime Greenmount Beach Hotel site, one of the best undeveloped sites on the Southern Gold Coast.

It was 2021 when the Abedian family paid $42.3 million for the amalgamated 7,071 sqm block, bordering Marine Parade, Eden Avenue and Hill Street, before going into planning mode for the prime site which sits between Rainbow Beach and Greenmount Beach and offers never-to-be-built-out views over the sand.

In May 2023 Arium submitted plans for a 16-level tower with 54 apartments designed by Contreras Earl Architecture.

<img alt="Abedian" data-entity-type="file" data-entity-uuid="c278b11b-ef81-492c-96c2-2d9d0ef1df9c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-26%20at%209.39.37%20pm.png?VersionId=lTJRLfOTlMtbcdNEkSs5GSpwyfK0hfLB" />The former plans by&nbsp;Contreras Earl Architecture.

But now Arium has filed new plans with the Gold Coast City Council, with 111 Design Studio proposing a complete redesign which has changed the scale and density of the project.

There will now be two towers, both 14 levels, two levels lower than what Arium had pitched nearly 12 months ago.

<img alt="Greenmount" data-entity-type="file" data-entity-uuid="f9639ad1-91e2-4639-a1e4-bbf0235ef359" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-26%20at%208.58.10%20pm.png?VersionId=jTE197DZEUl2dzxPBT4sptPN6S9PoUCt" />The new plans by&nbsp;111 Design Studio.

Zone Planning Group wrote in their Planning Assessment that the decision to remove two levels was made to respond to the context of the area and the height of the Norfolk Island Pines trees on Greenmount Headland, as well as to be consistent with the neighbouring Rockpool development by Joe Adsett which is also 14 levels.

There will now be 63 apartments, 28 in tower one and 35 in tower two. The towers will be divided by a striking central entry area which will have water features and a lap pool in landscaping by Urbis.

<img alt="Abedian" data-entity-type="file" data-entity-uuid="072f55ca-f615-49c0-ae48-225ca6795b8f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-26%20at%209.01.07%20pm.png?VersionId=0EzBdvU5TlDnUr3YFMNpFaNbnoEkRRtU" />

Each tower will have two, three and four-bedroom apartments. In total, there will be 15 two-bedroom apartments, 38 three-bed apartments, and 10 four-bedroom apartments.

Four of the 10 four-bedroom apartments will be the penthouses, each occupying half a floor and spanning two levels. They will have half of a rooftop which will feature a plunge pool in each corner of the building as it curves to overlook&nbsp;Marine Parade and the beaches. There's also a roof terrace, dining area and landscaped gardens.<img alt="Abedian" data-entity-type="file" data-entity-uuid="80f66d7d-0ca0-4140-9e66-2c2a99be7e64" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-26%20at%209.01.39%20pm.png?VersionId=RkO7E4BKLz1kK0YLpQkdZavExT8ocGNT" />

The ground floor of Tower One will have a wellness centre, with four hot and cold plunge pools, a sauna, a steam room, a salt cave, and a central room labelled snow, an uncommon wellness feature which is a room "chilled to a perfect 14-degrees Fahrenheit and features actual snow flurries all year round."

The foot of tower two will home a pilates and yoga studio, a gym, a kid's play area, a function room and a meeting space.

There will be 145 resident&nbsp;car parking spaces and 10 visitor car parking spaces within two basement levels.

<img alt="Abedian" data-entity-type="file" data-entity-uuid="56f4cad5-bc85-423d-8b7c-b8c13bb8b872" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-26%20at%209.19.39%20pm.png?VersionId=ZhXTWUzxkKtQdw96xJiqCnq7AGIoEvYA" />The prime site at 55 Eden Avenue.

Zone Planning Group said the development adopts a high-quality architectural appearance comprising a unique façade where extensive curved glass panels wrap around the balconies.

"The tower form also comprises of distinctive shape in which the tower floorplate increases in size up to Level 9 and then tapers in up to Level 14. The tower appearance consists of a fluid/rhythmic appearance to complement the natural/coastal setting of the site."

<img alt="Abedian" data-entity-type="file" data-entity-uuid="108a93cc-42a6-4d2f-bf46-b2bb01fda243" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-26%20at%209.00.52%20pm.png?VersionId=wgG8uo299kfv1L_WFMNPVoEag4h9pWXH" />

The Abedian family shut up shop of Sunland Group in 2022, shedding its assets including its&nbsp;<a href="/developments/benowa-qld-4217">Benowa</a>&nbsp;retail. They recently completed the build of 272 Hedges Avenue which was their last residential development.

Sunland were behind some of the Gold Coast's most well-known buildings, including Palazzo Versace and Q1.

When telling shareholders Sunland was exiting the development game, the Abedian family always said they would run a private development company.

Arium is only using two of the three sites as part of this development. They advise a 2,934 sqm portion on the corner of Eden Avenue and Hill Street will be used for stage two of the project.

The Abedian family's new development arm, Arium, has filed new plans for the site at 55 Eden Avenue


First look exclusive: Abedian family completely redesign Greenmount Beach Hotel redevelopment in Coolangatta

Sydney's affluent Lower North Shore is generally a region which is starved of apartment stock for the majority of the population.

Given the area's status as one of the priciest spots in Sydney, the majority of the apartments are half or full-floor, they sit close to the harbour, and they command prices often starting at around the $5 million mark.

It was this knowledge, pared with market feedback during the early stages of marketing of the new architecturally striking Willoughby development Willoughby Grounds, that developer First Quadrant Properties, who is working alongside funding partner&nbsp;<a href="/developers/qualitas">Qualitas</a>, went back to the Willoughby Council to create more four bedroom apartments.

[smartcode_project:default project_id=135512 project_image_fid=251218]

While already offering a handful, they sought to convert 20 apartments into 10, creating more large-scale, four-bedroom apartments that would give prospective buyers an opportunity to buy something that Willoughby hasn't seen before.

LINK Project Marketing Director Ben Hamblett made the recommendation to create larger apartments having fielded significant enquiry from those looking to buy two two-bedroom units.

Hamblett, who has sold a number of the four-bedroom apartments already, said they're a perfect market fit.

"Four-bedroom apartments don't exist in&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://c-jD404.na1.hs-sales-engage.com/Ctc/W2%2B23284/c-jD404/Jl22-6qcW7lCdLW6lZ3p-W4-pVY58fCxmFW3CvLxJ2bxwW9W2Hjm-j2mJhtsW7WLSfW991ZYZW6SPV5S8kg4KvW8HRg4H3DHX5TV45l0m5MsNP1W8lNk3-1knRSwW6H-_NV6BkslbW1hdgtl6mz3SnW3Tr1MH5BLfvNN7hLb4XpCcMwW5kp7_717N4xLW6d8DWm6MJgD5W1w06bX5CG8RSN4w4Ys_BzlJrW67dFpQ18Cf-7W25jF-s3DtNnvN17M1dSskjwZW6R-TQr8ttLnDMjV31Mgzk-rW2cL1951ZyRpBW7csltm7DmJFQW66rxK07wS40Kf3jrNkz04&amp;source=gmail&amp;ust=1711530027689000&amp;usg=AOvVaw25piQogND_39uC9ZjnACUn" href="https://c-jd404.na1.hs-sales-engage.com/Ctc/W2+23284/c-jD404/Jl22-6qcW7lCdLW6lZ3p-W4-pVY58fCxmFW3CvLxJ2bxwW9W2Hjm-j2mJhtsW7WLSfW991ZYZW6SPV5S8kg4KvW8HRg4H3DHX5TV45l0m5MsNP1W8lNk3-1knRSwW6H-_NV6BkslbW1hdgtl6mz3SnW3Tr1MH5BLfvNN7hLb4XpCcMwW5kp7_717N4xLW6d8DWm6MJgD5W1w06bX5CG8RSN4w4Ys_BzlJrW67dFpQ18Cf-7W25jF-s3DtNnvN17M1dSskjwZW6R-TQr8ttLnDMjV31Mgzk-rW2cL1951ZyRpBW7csltm7DmJFQW66rxK07wS40Kf3jrNkz04" target="_blank">Willoughby</a>, even in some of the other new developments. However there is a strong underlying demand for them," Hamblett says, adding that the only opportunity to buy four bedrooms is in the housing market, and that can cost upwards of $4 million.

"Even at that price, there are likely renovations and maintenance works that need to be considered, which some people can't afford. This four-bedroom product bridges that gap between getting something smaller and having to reach toward a house."

[smartcode_project:default project_id=135512 project_image_fid=251222]

Hamblett says there's a large cohort of buyers who aren't willing to downgrade either in terms of the size of the home or the location.

"With current interest rates and renovation costs, it is nearly impossible for many buyers to upgrade or purchase a quality family house in Willoughby. This recalibration of expectations is perfectly filled by the luxury house-sized apartments found at Willoughby Grounds. This is the way for the family buyers in Willoughby."

Indeed since the launch of the project, which will be delivered in five stages, reflective of the number of buildings there are in the mini-masterplan, over 20 per cent of the enquiry on Urban have been on the four-bedroom configurations, with a further 20 per cent on the large, 200 sqm three-bed apartments on offer.

[smartcode_project:default project_id=135512 project_image_fid=251213]

There will be around 160 apartments spread across the five buildings in Willoughby Grounds, with around 30 to 35 units in each building.

Mo Chehelnabi from Architecture Urbaneia has designed each building to pay homage to the&nbsp;unique industries that used to exist in the&nbsp;<a href="/developments/willoughby-nsw-2068">Willoughby</a>&nbsp;area; tanneries, pottery, blacksmiths, logging and brickworks.&nbsp;

The design brief was to allow the multi-layered architecture and flourishing natural landscape to work in unison to create a sense of serenity and connection to place.

[smartcode_project_cta:default project_id=135512]

LINK Project Marketing Director Ben Hamblett says there's a large cohort of buyers who aren't willing to downgrade either in terms of the size of the home or the location.

Buyers look for size on Sydney's Lower North Shore as large apartments snapped up at Willoughby Grounds

Brisbane property developer&nbsp;Opalyn Property Group is luring first home buyers to its high-end Indooroopilly apartment development, Natura.

The price of the two-bedroom apartments, with two bathrooms, two parking spaces, and 90 sqm of living space, are being offered at $749,000, under the government's $750,000 cap for first home buyers to trigger the $30,000 First Home Owners Grant.

<a href="/new-apartments/natura-indooroopilly-55-york-street-indooroopilly-qld-4068">Natura</a>&nbsp;comprises 35 apartments in the heart of&nbsp;<a href="/developments/indooroopilly-qld-4068">Indooroopilly</a>&nbsp;on York Street, not far from Indooroopilly Shopping Centre and around 800 metres from Taringa Train Station.

[smartcode_project:default project_id=94606 project_image_fid=213600]

There are two and three-bedroom apartments on offer in the five-level building designed by&nbsp;<a href="/architects/vsa-designs">VSA Designs</a>. The&nbsp;interiors feature a neutral palette inspired by nature, accentuated by high-quality finishes and fixtures sourced from renowned brands.

The living areas are characterised by their spaciousness and abundance of natural light. Generous glazing, coupled with the Whisper window glazing system, allows sunlight to permeate throughout the interiors, creating a bright and airy ambience.

[smartcode_project:default project_id=94606 project_image_fid=160863]

Each apartment features two balconies, extending the living areas and offering residents a connection to the outdoors. Each also has two undercover secure car parks with intercom security access.

The kitchens within Natura are designed to be both stylish and functional, equipped with SMEG appliances and stone benchtops.

&nbsp;

Residents of Natura will also have exclusive access to a rooftop terrace designed to facilitate social gatherings and provide additional areas for entertainment, complete with BBQ facilities, a separate dining area, and break-out zones enveloped by lush manicured gardens.&nbsp;

[smartcode_project:default project_id=94606 project_image_fid=160862]

Natura has already reached its pre-sales milestones, with anticipation that the remaining apartments will be quickly snapped up once construction commences.

Cule Constructions has been appointed to oversee the construction of Natura, slated for completion in May 2025.

<a href="/developers/opalyn-property-group">Opalyn Property Group</a>&nbsp;has been developing in Brisbane for over four decades, creating a number of projects in Chermside.

[smartcode_project_cta:default project_id=94606]

Cule Constructions has been appointed to oversee the construction of Natura, slated for completion in May 2025

Natura Indooroopilly apartments give first home buyers a boost with $30k government incentives on offer

Ellipse Property's $850 million Carrington Place masterplan in Castle Hill has recently kicked off with the launch of its first stage, Atrium, which will be the gateway to what will be one of the area's greenest communities when completed in 2032.

There's been a wide range of purchasers since the first 151 apartments were launched in the project back in October.

A recent buyer was&nbsp;Lauren Spencer-Salt, a primary school teacher at St Andrew’s Primary School in <a href="/new-apartments/quakers-hill-nsw-2763">Quakers Hill</a>. She secured one of the&nbsp;larger-sized two-bedroom apartments in <a href="/new-apartments/carrington-place-castle-hill-36-carrington-road-castle-hill">Carrington Place</a>.

Lauren said she researched various projects in the area including the likes of&nbsp;<a href="/new-apartments/rouse-hill-nsw-2155">Rouse Hill</a>, <a href="/new-apartments/kellyville-nsw-2155">Kellyville</a>, Quakers Hill and The Ponds, before ultimately selecting Carrington Place.

[smartcode_project:default project_id=89496 project_image_fid=216768]

She said the interior design was a really important factor.

“I wanted a layout where I had a bigger living area. I wanted open-plan living," Lauren said.

“When I went to Carrington Place, not only were the size of apartments larger, because I bought an oversized two bedroom with a study and a family room, all of the upgrades offered were already included. It had everything I wanted."

The apartment came with Miele appliances as standard and feature wooden floors.&nbsp;Lauren said the only addition was&nbsp;sheer curtains because she said it brings light into the interior room.

[smartcode_project:default project_id=89496 project_image_fid=216765]

"I was particularly drawn to the project's neutral palette and luxurious finishes, which allows buyers to imbue their living spaces with their own style and personality. There was also a huge array of apartment configurations or layout options to choose from which other surrounding projects just didn’t offer."

Situated directly opposite the Hills Showground Station, Carrington Place stood out due to its thoughtful design and the developer's reputation for excellence and reliability.

The vibrant community, coupled with its proximity to transport links, development of the Showgrounds precinct with new cafes, restaurants and shops coming, made Castle Hill the perfect choice for her forever home.

"I’m going to have a lifestyle and I know all the upgrades, what they are doing at the Showground, cafes and shops and to know that I’m amongst and apart of that," Lauren added.

[smartcode_project:default project_id=89496 project_image_fid=216764]

Another factor in the purchase was the integration of the natural landscape from Cattai Creek, creating a&nbsp;harmonious living environment.&nbsp; Additionally, the precinct will feature over 20,000 square metres of recreational space, making it one of the greenest master-planned communities in the Hills district.

Ellipse Property’s Head of Development, Nigel Farquhar said it is nice to see purchasers like Lauren realising their dream of homeownership at Carrington Place and really buying into the vision they're creating.

“We are so delighted to see buyers so happy with the quality, location and service,” he said.

“We believe one of the greatest attributes of Atrium is being part of a master-planned community – a sense of neighbourhood that connects well-designed natural internal landscaped amenity with the Cattai Creek future nature walk.&nbsp;

“The project boasts a broad range of unique floor plans, curved architecture with superior quality finishes and many larger-sized apartments that gives people a strong sense of home with the Metro Line on their doorstep”.

[smartcode_project:default project_id=89496 project_image_fid=216768]

Carrington Place's first residential stage, <a href="/new-apartments/atrium-at-carrington-place-40-42-ashford-avenue-castle-hill">Atrium</a>, offers 151 apartments within a mid-rise eight-storey building, boasting rooftop recreational spaces with stunning views of the surrounding landscape and Cattai Creek.

&nbsp;

The Hills Shire Council has a 30-year vision for the redevelopment and revitalisation of the Castle Hill Showground Precinct, located directly opposite the Carrington Place project, planned to create a new 15-hectare entertainment and recreation hub including a variety of community, arts, sporting and leisure activities. The iconic Showground site will become the primary civic space for a new precinct of the future local Hills communities.&nbsp;

Located directly opposite the Hills Showground Metro Station, residents of Carrington Place will have access to <a href="/new-apartments/sydney-nsw">Sydney</a>’s CBD, <a href="/new-apartments/chatswood-nsw-2067">Chatswood</a>, <a href="/new-apartments/north-sydney-nsw">North Sydney</a>, <a href="/new-apartments/macquarie-park-nsw-2113">Macquarie Park</a> and <a href="/new-apartments/norwest-nsw-2153">Norwest</a> Business Park. With trains operating every four minutes in peak hour in each direction, residents are offered the highest convenience on Australia’s first driverless railway.&nbsp;

Construction is planned to commence imminently by iCIRT-rated builder Decode, with Stage One Atrium due for completion in Q4 2025. The entire five-stage precinct is due for completion in 2032.

[smartcode_project_cta:default project_id=89496]

Construction is planned to commence imminently by iCIRT-rated builder Decode, with Stage One Atrium due for completion in Q4 2025


Why I bought an apartment in Castle Hill's $850 million masterplan, Carrington Place

The Maroochydore CBD is set for a new apartment development that has been inspired by the ocean and will serve as a "metaphorical umbrella".

The 12-level building at&nbsp;<a href="/new-apartments/el-parasol-15-17-ocean-street-maroochydore">15-17 Ocean Street</a>, Maroochydore, is being planned by building firm <a href="/builders/rocking-horse-constructions">Rocking Horse Constructions</a>, who had Ferro Chow Architecture create the unique design for the project which they are calling&nbsp;El Parasol.

El Parasol will bring 53 apartments to the heart of the Maroochydore CBD, in a pocket that hasn't had much supply in recent years.

<img alt="Maroochydore" data-entity-type="file" data-entity-uuid="ff08f8d7-84d6-4a0b-b3c1-9ecb10eeb505" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-25%20at%204.49.55%20pm.png?VersionId=SlXVWpQk_ClwDMZkwsGJq4gJnW.ri_62" />

There will be 16 two-bedroom apartments and 32 three-bed units, half of which will have their own study. Four four-bedroom apartments occupy the penthouse level on level 12.

There are communal facilities on level three in the form of a swimming pool and spa with cabanas, a gym, and a kitchen and dining area.

The ground level will have a hospitality venue, while level two and the other half of level three will home four two-level office spaces.

<img alt="Maroochydore" data-entity-type="file" data-entity-uuid="3c706474-84e2-4dce-8761-646da091d213" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-25%20at%204.52.39%20pm.png?VersionId=DUTd7IIHWK7oNzTieRdLd_FU1wu7NB0x" />

There will be 128 parking spaces, 82 for the apartments, 14 for visitors, 15 for the retail space, and 17 for the offices.

Ferro Chow wrote in their documentation submitted to the Sunshine Coast Council that their architectural vision is to seamlessly weave multiple dwellings, a vibrant food and drink outlet, and flexible office spaces into a harmonious, multi-residential community.

"Our vision is to create a thriving, interconnected community that embodies the spirit of Maroochydore while embracing the beauty of the ocean’s forms and the patterns of life in a vibrant, evolving city,"&nbsp;the report read.

“El Parasol, an embodiment of an ‘umbrella: providing shelter from the sun,’ symbolizes our inspiration. Drawing from the dynamic lifestyle and mixing multiple uses, our project is poised to transform Maroochydore’s celebrated landscape."

<img alt="Maroochydore" data-entity-type="file" data-entity-uuid="2f72c15f-510c-42be-9ecb-c15bc2692b19" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-25%20at%204.52.02%20pm.png?VersionId=5W9KOLWhLC3hEVfc9v7nDcMLTEwoRaSr" />

Ferro Chow, led by Jared Chow, said the building&nbsp;integrates seamlessly into a vibrant entertainment precinct surrounded by various retail and commercial establishments.

"The street-level experience is thoughtfully curated, boasting an activated and landscaped podium with abundant greenery for screening, fostering a strong connection between common areas and the lively street."

They said El Parasol employs&nbsp;earthy, pared-back materials, sculpting a form that is both sculptural and sensitive to its coastal landscape.

"The use of off-form concrete, timber, and rammed earth contributes to a natural, organic aesthetic, further enhanced by hanging planters and perimeter planting, reducing the building’s mass."

<img alt="Maroochydore" data-entity-type="file" data-entity-uuid="def2fd20-d242-4e9f-a1b6-f98bf3f05e84" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-25%20at%204.54.00%20pm.png?VersionId=BtPqERtx1xfxT5DbkvHoT7CuEoYdHPxS" />

&nbsp;

The project, on a 2,190 sqm site which is currently a retail strip, will sit directly opposite&nbsp;Big Top Shopping Centre.

The new plans are a scaled-down version of the plans approved back in 2020. That had 66 apartments and 44 short-term accommodation units across a larger 4,200 sqm site.

Rocking Horse Constructions is led by building veteran Alex Schiavo and is currently building Sorano House, the luxury Kangaroo Point apartment development.&nbsp;

&nbsp;

El Parasol will bring 53 apartments to the heart of the Maroochydore CBD, in a pocket that hasn't had much supply in recent years

"El Parasol": First look at new apartments planned for Maroochydore's centre

Greg Norman's Brookwater championship golf course in Springfield is set for a new neighbour, with multi-residential Queensland developer Azure set to developed a new terrace community next door.

The $72 million townhouse development, Oakmont by <a href="/developers/azure">Azure</a>, will comprise 61 townhouses and will sit on the edge of the eighth hole of the course which Norman designed.

The&nbsp;<a href="/new-apartments/springfield-qld-4300">Springfield</a> project, in the smaller suburb of Brookwater in the City of Ipswich, will offer direct frontages and views over the golf course and beyond to the mountains.

<img alt="Oakmont by Azure" data-entity-type="file" data-entity-uuid="3b651590-cb3a-4ad6-aa62-86ffcaf83518" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Oakmont%20by%20Azure%20community.png?VersionId=3hajV1fq36WQmW1BaT0309CBKco5HZ4c" />

“We are thrilled to have secured development approval for Oakmont which has already garnered significant interest from the market,” Azure Director Trent Keirnan said.

“Oakmont epitomises the Azure philosophy of creating residences of distinction that are ultimately designed for owner occupiers and investors seeking a quality residential offering.&nbsp;

“A quality terrace home of three bedrooms plus multi-purpose room is the minimum offering for this development, which is complemented by the desirable setting of wide, open spaces that a championship golf course provides.”

<img alt="Oakmont by Azure - Front" data-entity-type="file" data-entity-uuid="c54bdb85-708d-4cf0-a8df-eff9daae254e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Oakmont%20by%20Azure%20House.png?VersionId=ZWipQ5tZhtZ9fKdKkh2j5aIGekxh0Aba" />

Designed in collaboration with award-winning firm <a href="/architects/plus-architecture">Plus Architects</a>, Oakmont by Azure will deliver four distinct terrace types that respond to the site’s sloping terrain with two and three-level configurations that allow views over the top of the terraces below and across to the golf course.

Each of the residences will either have three or four bedrooms, plus an additional multi-purpose room. All have 2.5 bathrooms and most two-car accommodation.&nbsp;

Oakmont by Azure has been crafted to embrace green spaces, with significant landscaped gardens and front entries, a communal amenity area and a central pedestrian link providing residents with opportunities for relaxation, recreation, and a strong sense of community.&nbsp;

<img alt="Oakmont by Azure - Perspective" data-entity-type="file" data-entity-uuid="ac4ec3ea-1f3a-4739-91f7-c2c38155a611" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Oakmont%20by%20Azure%20Pers.png?VersionId=6hnf6fKx7KtvBq8LemNCkbC4cbmYYfIl" />

Residents will have access to a wellness pavilion featuring a steam room, sauna, hot and cold magnesium plunges, and a fully equipped gymnasium, as well as a 20-metre lap pool with a lily pond.

The pool area will feature extensive lounging zones, while a recreational lawn has been positioned among beautifully landscaped areas on the 2.36-ha site.

Oakmont by Azure will be built by Azure's in-house construction arm <a href="/builders/azure-build">Azure Build</a>, which has delivered&nbsp;more than 1,000 residences to the South East Queensland market over the past decade.

Azure currently has six projects under construction, including, <a href="/buildings/one-five-six-156-oxlade-drive-new-farm">One Five Six</a> by Azure in <a href="/new-apartments/new-farm-qld-4005">New Farm</a>, Willow by Azure at <a href="/new-apartments/north-lakes-qld-4509">North Lakes</a> and Munro by Azure in <a href="/new-apartments/bundamba-qld-4304">Bundamba</a>.

Construction of Oakmont by Azure is expected to commence in the first quarter of 2025 with completion set for the third quarter of 2026, and forms part of Azure's $1.3 billion pipeline in South East Queensland.

Each of the residences will either have three or four bedrooms, plus an additional multi-purpose room

Springfield set for new townhouse development as Oakmont by Azure gets green light

Milieu&nbsp;has been one of the most forward-thinking developers in the last decade in Melbourne's off the plan apartment space.

Milieu, who has been developing in Melbourne's coolest inner-northern suburbs since 2010, recently branched outside of its comfort zone, launching its first project in Melbourne's south-east.

<a href="/new-apartments/plant-street-by-milieu-malvern-1-plant-street-malvern">Plant Street by Milieu</a> in Malvern, in partnership with Penfolds, will comprise just 21 apartments designed by RITZ&amp;GHOUGASSIAN.&nbsp;

Milieu has several projects that they're working towards, the first being <a href="/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens by Milieu</a> on a sprawling 11,740 sqm, the site of the former ABC Studios.

They also have a project coming up, likely later this year, in Brunswick East next to the iconic Brunswick Baths building.

With everything going on, we caught up with Michael McCormack, the co-founder at Milieu, to talk about how they as a development company have matured with the apartment market.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/rk9-qCtTTWw?si=ujRLHFhQ0hJOtPnD" title="YouTube video player" width="560"></iframe>

McCormack says when the company was founded, a number of the team were working for a developer who had turned to creating larger projects, recalling that at the time the type of product being developed was more investor grade stock.

"There just seemed to be a gap in the market which was developing that kind of attainable townhouse or apartment in a location that we wanted to live," McCormack says.

Their first project in Fitzroy was just five townhouses, each selling to owner-occupiers. Four of the five buyers still live there today.

"We did that successfully over a number of projects before five townhouses grew to 15 townhouses, to 30 apartments, and so on."

McCormack says the intention of the company stems from the name. Milieu is a French word which&nbsp;means the environment or context in which one lives and is influenced.

"That's kind of at the core of whenever we're looking for a project it's response to place that's how we kind of start so we think about really the local area and how we can contribute to and improve that with our project."

To find out more about Milieu, visit their Apartments.com.au Developer Profile <a href="/developers/milieu-property">here</a>.

With everything going on, we caught up with Michael McCormack, the co-founder at Milieu, to talk about how they as a development company have matured with the apartment market

Michael Bird

Inside Milieu's design-led approach to apartment development: Five minutes with Michael McCormack

Queensland developer Cube is approaching completion of its luxury Cotton Tree residential project Nature, where just one exclusive residence remains for sale.

<a href="/developers/cube-developments">Cube</a> spokesperson Daniel Ryan said the last remaining opportunity with its expansive Ocean and River views had attracted strong local and national interest.

“Buyers have realised that uncompromised living such as this, high above the Maroochy River with spectacular views and resort-style amenity seldom presents itself,’’ Ryan said.

“As such, 12 of the 13 luxury residences have already been snapped up with the building now well under construction, for a combined value in excess of $45 million."

[smartcode_project:default project_id=89721 project_image_fid=249311]

The remaining penthouse has three bedrooms, two bathrooms and a powder room, and an open plan kitchen, living and dining area which spills out onto a balcony with the best views in the building. Never-to-be-built out, views encompass Mount Coolum and Old Woman Island.

Downsizers and astute luxury buyers were driving demand for Nature with the majority of interest coming from Sydney, Brisbane and the Sunshine Coast.

Nature occupies one of the best sites on the highly sought-after Cotton Tree Esplanade.

[smartcode_project:default project_id=89721 project_image_fid=249314]

Just 500 metres from the heart of Cotton Tree&amp;#39;s town centre, future residents will enjoy world-class views and amenity.

Nature offers residents a range of opulent features including a lap pool, private dining, gym, sauna, steam room and yoga lawn surrounded by an abundance of greenery.

Architecture firm Cottee Parker worked closely alongside Cube&amp;#39;s Design Manager Sarah Busch to design <a href="/buildings/nature-by-cube-maroochydore">Nature by Cube</a>.

Cube's brief to <a href="/architects/cottee-parker-architects">Cottee Parker</a> was to create the best the Sunshine Coast has ever seen.

Nature is expected to be completed by September 2024.

[smartcode_project_cta:default project_id=89721]

Cube's brief to Cottee Parker was to create the best the Sunshine Coast has ever seen

Cube’s luxury Nature project nears completion, only one penthouse remains

<a href="/developers/gurner">GURNER™</a> has revealed that each of its six ultra-luxury mansions at the $35 million Huntingtower Place on the sough-after Huntingtower Road in <a href="/developments/armadale-vic-3143">Armadale</a> – which were inspired by the spectacular homes of Los Angeles – have now sold out after just six weeks on the market.&nbsp;

The six bespoke homes are currently under construction by <a href="/builders/krongold-constructions">Krongold Construction</a> and are due for completion in 2025, designed by sustainable design practice <a href="/architects/wolveridge-architects">Wolveridge Architects</a>, complete with landscape design by Myles Baldwyn. &nbsp;

The buyer pool was largely downsizers from nearby suburbs like <a href="/developments/malvern-vic-3144">Malvern</a>, <a href="/developments/toorak-vic-3142">Toorak</a> and <a href="/developments/south-yarra-vic-3141">South Yarra</a>, which have historically been starved of opportunities for top-end low-maintenance residences scaled for families in Armadale’s tightly held residential market.&nbsp;

In keeping with GURNER™’s sustainability ethos, each Huntingtower Place residence will be built with water harvesting, solar power generation, and double-glazed windows and door systems, all culminating in carbon-neutral homes.&nbsp;

<img alt="GURNER sell out $35m Huntingtower Place - Green" data-entity-type="file" data-entity-uuid="6c5986d0-5337-4377-acc4-e4380c9c4268" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Huntingtower%20Place%20Green.jpg?VersionId=A7AidMz02MwYKtHwq4R6u62hhVyNtgqF" />

Huntingtower Place’s palatial residences offer access to GURNER™ Design House, which works with buyers one-on-one to customise every aspect of their home. This allowed for inclusions like bespoke wine showcases, extensive home offices, private gym and wellness hubs and dedicated private wings for guests or returning children.&nbsp;

GURNER™ Boutique team will now turn its sights to key areas in Queensland and Victoria.

Brooke Formosa,&nbsp;GURNER™ Head of Boutique, said&nbsp;Huntingtower Road is one of the most sought-after and exclusive streets in Melbourne.

"We’re proud to be delivering such a high-quality product that will embody the most luxurious homes of Los &nbsp;Angeles while celebrating the character of Armadale," Formosa said.&nbsp;

“Buyers really don’t get opportunities like these in Armadale – the chance to work with a world-class architect to design your dream home in one of the nicest parts of Melbourne is extremely rare, and that definitely inspired our buyers to act quickly.

“The basis of everything we do is design – we build our towers, residences and boutique homes to be architecturally timeless and homely and to push the boundaries of what’s possible, and we love working one-on-one with buyers who share that passion."

<img alt="GURNER sell out $35m Huntingtower Place - Bedroom" data-entity-type="file" data-entity-uuid="ca9676fc-e5b2-4921-ae9e-13549327905c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Huntingtower%20Place%20Bedroom.jpg?VersionId=3RJRLCcY8hH317spv73o7UDRaBqlW0vF" />

Formosa said the aim is&nbsp;to deliver six to eight boutique projects per year in their boutique division.

"We have an incredible network of existing buyers who are showing a strong appetite for the product, so we know the luxury market is active.&nbsp;

“Being able to work so closely with Simon our Head of Interior Design and our Design House team is a rare opportunity, and allows for buyers to design the home they’ve always dreamt of in one of the most discerning parts of Melbourne.&nbsp;

“We offer a very unique customisation process to our buyers, where they really get to design the entire home hand-in-hand with a world-class team that has delivered many high-end residences."

GURNER™ Boutique team will now turn its sights to key areas in Queensland and Victoria

GURNER sells out $35 million Armadale mansions in Boutique collection

One Darling Point, the much talked about project on the corner of New South Head Road and Darling Point Road, is set for a new owner.

International development company Anka Property, directed by Andrew and Vera Boyarsky, have long been in discussion with the Woollahra Council for the 1,748 sqm site at 136-148 New South Head Road, opposite the Edgecliff Centre and Edgecliff Station.

Despite initially being refused by the council back in 2021, they backflipped on the design earlier this year, paving the way for the tower which is nearly four times the area height limited.

<img alt="NSW" data-entity-type="file" data-entity-uuid="9b5105e3-6b5c-4403-9e59-1660542fc593" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-25%20at%201.45.39%20pm.png?VersionId=aZErgrJecn5kZrMVudRd14xCggm2yH2h" />

The 12-level building is expected to home around 40 apartments, the majority two and three-beds.

Group CSA said in the initial Urban Design Report that the&nbsp;site’s access to the Edgecliff public transport interchange and proximity to the Sydney CBD makes it a good location for promoting transit-oriented development (TOD), supported by well-designed public spaces and a vibrant local economy.

"The site location responds to 30-minute city established by the Greater Sydney Commission and can leverage nearby natural environments and proximity to infrastructure as potential opportunities in the design response," the report read.

"The vision of the metropolis of three cities seeks to further increase Edgecliff’s role as a key transport interchange. This direction is therefore likely to impact on Edgecliff’s strategic position in the future."<img alt="One Darling Point For Sale - Views" data-entity-type="file" data-entity-uuid="65ce4b4c-9a2c-4661-93fc-ce3fc3b94522" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/One%20Darling%20Point%20Views.jpg?VersionId=71LksFA3HBxpdQdvyATFwWgdpQhed49m" />

Colliers and CBRE are both marketing the site.

Anka was founded by Andrew's father Alex in 1968 Their Sydney projects have included 2 Bay and 30 Bay in Double Bay and The Hensley in Potts Point.

The 12-level building is expected to home around 40 apartments, the majority two and three-beds

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