<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>

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?

Melbourne's Footscray is continuing its gentrification with a boutique apartment development recently launched on Victoria Street.

The project, simply named <a href="/new-apartments/11-victoria-street">11 Victoria Street</a> due to its prime position on the connected street, comprises just 18 one, two and three-bedroom apartments which start from $415,000.

The wide variety of configurations will likely attract young professionals and local downsizers who haven't had much of an opportunity to buy a brand new apartment in a low-rise building.

[smartcode_project:default project_id=143391 project_image_fid=245697]

The contemporary apartments feature timber floorboards throughout and high 2.7-metre ceilings.&nbsp;

The kitchens are well equipped with Bosch appliances, complemented by Caesarstone benchtops paired with gunmetal grey fittings and modern gold handles.

&nbsp;

[smartcode_project:default project_id=143391 project_image_fid=256065]

The bathrooms follow suit with matching Caesarstone benchtops, gunmetal grey fittings, curved-edge vanities, and round basin combos set against contemporary feature tiles.

The carpeted bedrooms include built-in robes and dedicated ceiling fans, while efficient air conditioning and heating ensure year-round comfort for residents throughout the home.

11 Victoria sits at the northern end of Victoria Street, right next to Barkly Street and its bars and restaurants. The project is just a short walk down either Barkly or Paisley streets to the <a href="/developments/footscray-vic-3011">Footscray</a> Plaza shopping mall.

11 Victoria Street is currently under construction by <a href="/developers/buckner-built">builder developer Buckner Built</a>, who is targeting a December 2024 completion date.

[smartcode_project_cta:default project_id=143391]

11 Victoria Street is currently under construction by builder developer Buckner Built, who is targeting a December 2024 completion date

Boutique apartment development launches in Footscray

Developer M3 Group identified Reservoir, the growing suburb 12 kilometres north of Melbourne, as a prime location for their latest collection of contemporary townhouses.

They honed in on a pocket near Ruthven Station, on the fringe of the Reservoir activity centre as well as a stone's throw to Bundoora Park Public Golf Course, where they secured a number of development sites for three new townhouse projects.

Simply named after their street name, <a href="/buildings/48-dundee-st-by-m3-group-48-dundee-street-reservoir">48 Dundee Street</a>, <a href="/buildings/69-hickford-st-by-m3-group-69-hickford-street-reservoir">69 Hickford Street</a> and <a href="/buildings/158-purinuan-rd-by-m3-group-158-purinuan-road-reservoir">158 Purinuan Road</a>, the trio of townhouse collection sit with a few hundred metres of each other.

[smartcode_project:default project_id=142462 project_image_fid=230651]

The townhouses have proven incredibly popular, in a suburb not known for new homes. The five two and three-bedroom townhomes at 48 Dundee Street have sold, while 69 Hickford Street offers just four three and four-bedroom townhomes. Two out of the four have been snapped up.

158 Purinuan Road offers the most affordable product, with four two-bedroom townhouses starting from $779,000.

[smartcode_project:default project_id=142461 project_image_fid=240516]

The townhouses have attracted a number of buyers given its proximity to Melbourne and easy connectivity by train or car.

The location of the townhouses have been a real stand out. They're located a short walk to both Dr&nbsp;Atkinson Reserve and JC Donath Reserve, the latter regional sports park with a skate park, exercise equipment and a kids playground. The Bundoora Park Public Golf Course is a 10-minute drive.

Residents will also have no shortage of food options with numerous eateries nearby, including Tre Bambinis Papillon's Pizza, Hi Italy Pizzeria, and Kusina ni Lola.

[smartcode_project:default project_id=142460 project_image_fid=240501]

The townhomes are just an eight-minute drive to the centre of Reservoir, where the train station is located surrounded by more restaurants, cafes, bars, and a Coles supermarket.

For prospective homebuyers who are looking for a home base that is close to schools, 69 Hickford St is adjacent to Reservoir Views Primary School, with Maharishi Elementary School, Reservoir High School, and the La Trobe University campus in close proximity.

Blair Property's Darren Blair is marketing the townhomes.

<a href="/developers/m3-group">M3 is a one stop shop</a>. The developer builds its own projects through its construction arm, and their <a href="/architects/m3-design">M3 Design</a> team creates them.

[smartcode_project_cta:default project_id=142462]

M3 is a one stop shop. The developer builds its own projects through its construction arm, and their M3 Design team creates them

Inside M3 Group's newest contemporary townhouses in Reservoir

Late last year architecturally driven developer Wickton released Linacre Rise, one of the closest new developments to Sandringham Beach.

Wickton, led by Blanco Norton and architect Will Leaf, has put together a contemporary beachside building with 27 two and three-bedroom apartments just behind Peace Park and Triangle Gardens.

Leaf's architecture firm <a href="/architects/ewert-leaf">Ewert Leaf</a>&nbsp;aimed to create a living environment that exudes openness, brightness and an elevated aesthetic that will also stand the test of time.

[smartcode_project:default project_id=95289 project_image_fid=229694]

"Capitalising on a location in one of <a href="/developments/hampton-vic-3188">Hampton</a>’s highest areas, each residence at Linacre Rise has been carefully designed to capture superb views in every direction," the architecture firm said.

"Drawing on the timeless warmth and craftsmanship of traditional brickwork for the exterior. The building itself nestles into terraced landscaping, with ground apartments elevated above the street and generous balconies on higher levels offering views across landscaped planters to the bay."

<a href="/new-apartments/linacre-rise-hampton-8-10-linacre-road-hampton">Linacre Rise</a>&nbsp;covers 58 per cent of the 2,415 sqm double-block, which will sit in landscaping by <a href="/architects/john-patrick-landscape-architects">John Patrick Landscape Architects</a>.

The project offers thoughtfully designed homes with spaces ideal for both entertaining and relaxation. In the main living area, the herringbone timber flooring complements the sleek wall panelling with integrated storage.

The kitchen combines visual appeal with practicality, well-equipped with Swiss V-Zug appliances, an island bench, natural stone benchtops, premium joinery finishes, and crafted handle details.

[smartcode_project:default project_id=95289 project_image_fid=229698]

The dining area brings the kitchen and living spaces together, while the inclusion of a wine fridge adds to the space’s functionality.

The bedroom and dressing room areas feature full-height robes with double-hanging and full-hanging sections and drawers.

Linacre Rise has also been designed to be environmentally responsible and energy efficient for residents. Every apartment gets at least two parking spots in the basement parking which has electric vehicle charging points.&nbsp;

[smartcode_project:default project_id=95289 project_image_fid=229695]

The inclusion of solar panels aims to decrease dependence on traditional energy sources to lower electricity bills and reduce carbon footprint.

A rainwater harvesting system is in place to collect and store water for toilet flushing and landscape irrigation, while water-efficient fixtures and appliances have also been selected to minimise water consumption.&nbsp;

<a href="/developers/wickton">Wickton</a> is anticipating a Q1 2025 completion for Linacre Rise.

[smartcode_project_cta:default project_id=95289]

Wickton is anticipating a Q1 2025 completion for Linacre Rise

Inside Hampton's newest off the plan apartment development, Linacre Rise

Renowned Perth developer Edge Visionary Living&nbsp;is witnessing an unprecedented surge in penthouse sales across its luxury waterfront apartment portfolio in Western Australia.&nbsp;

Within the past quarter alone, <a href="/developers/edge-visionary-living">Edge</a>&nbsp;has seen remarkable traction with the sale of two sub-penthouses and three penthouses, collectively valued at $36 million.

The highest sale came from their&nbsp;<a href="/developments/scarborough-wa-6019">Scarborough</a>&nbsp;apartment development&nbsp;<a href="/new-apartments/the-dunes-beachfront-residences-scarborough-1-reserve-street-scarborough-wa-6019">The Dunes Beachfront Residences</a>, where they secured a $12.5 million buyer for the 809 sqm penthouse crowning one of the two beachfront buildings, setting a new residential price record in the process.

[smartcode_project:default project_id=134709 project_image_fid=248347]

The Dunes Beachfront Residences was the first of the award-winning company’s oceanfront developments launched last year.

The project is a collection of 223 two and three-bedroom luxury apartments, sub-penthouses, and penthouses. The project will comprise two boutique buildings, each with around 115 residences.

Edge has Tier 1 builder Roberts Co engaged to construct The Dunes, with completion slated for October 2025.

[smartcode_project:default project_id=138456 project_image_fid=214907]

Edge also saw success at&nbsp;<a href="/new-apartments/broadway-on-the-bay-crawley-168-broadway-crawley-wa-6009">Broadway on the Bay</a> in <a href="/developments/crawley-wa-6009">Crawley</a>, where they sold the 337 sqm riverfront penthouse for $8.22 million. Broadway on the Bay, another project which is expected to complete in late 2025, has just 21 apartments across eight levels on a prime 1,413 sqm block at 168 Broadway.

Not to be left out of the penthouse surge, their Mindarie beachfront project <a href="/new-apartments/claytons-mindarie-beachfront-mindarie-50-alexandria-view-mindarie-wa-6030">Claytons</a> also saw a record breaking sale. The 274 sqm penthouse sold for $3.052 million.

The highest sale came from their Scarborough apartment development The Dunes Beachfront Residences, where they secured a $12.5 million buyer for the 809 sqm penthouse

Edge Visionary Living see penthouse sales flurry across Perth-wide portfolio

The redevelopment of the heart of Main Beach on the Gold Coast looks set to continue with one of the streets best trophy assets hitting the market.

Listed for the first in nearly a decade is eight of the 10 lots in <a href="/new-apartments/main-beach-qld-4217">Main Beach</a> Plaza, at 20-22 Tedder Avenue, which are being sold under the hammer by Harcourts Coast Commercial Directors Jared Johnson and Lachlan Marshall.

The property has already generated strong interest from investors and developers.

Johnson said that an opportunity on Tedder Avenue like this comes once in a generation.

“Tedder Avenue has historically been regarded as one of the most tightly held, affluent retail catchments on the Gold Coast," Johnson said.

"Main Beach is booming, currently benefitting from a high-density collection of luxury residential developments. The property has substantial rental, repositioning, and obvious future development upside.”

<img alt="Main Beach" data-entity-type="file" data-entity-uuid="e56317fe-9d3a-4b55-9bc6-2a9f90bf0a53" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-02-29%20at%203.07.31%20pm.png?VersionId=JnzeXvDDacADOBnZfQQTTRjgU0W4wocR" />

The multi tenanted asset is 100 per cent leased and generates over $535,000 per year from 10 tenants.

The iconic Shuck restaurant, which is on the southern corner of the 1012sqm plaza site, has occupied the premises for 23 years.

Other restaurant tenants include, Senza Noma, Main Beach Fish Grotto and Thyme. The first-floor office tenants incudes the Drew Group, which is currently developing twin-tower Main Beach project Lagoon over on Cronin Avenue.

The auction will take place March 13.

The property has already generated strong interest from investors and developers

Blue-chip Tedder Avenue asset to sell with development upside in Main Beach

Off the plan apartment sales continued to flow in the Gold Coast at the back end of last year, with the latest data from Urbis reporting 236 apartment sales in Q4 2023.

<a href="/new-apartments/gold-coast-qld">Gold Coast</a> Central Precinct remained the city’s most active precinct, with the highest number of apartment sales achieved in the $500 million <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">Vista</a> residential tower in Surfers Paradise, being developed by the&nbsp;Malaysian conglomerate <a href="/developers/mrcb">MRCB</a>.

A total of 46 apartments were sold in Vista for a total value of more than $60 million at an average weighted sale price of $1.434 million. The number of sales was almost twice the number of the next best performing project, Marina Point at Hope Island.

Marina Point secured 26 apartment sales, at an average price of $1.4 million, while Morris Property's&nbsp;<a href="/new-apartments/crest-broadbeach-13-armrick-avenue-broadbeach">Crest Broadbeach</a>&nbsp;saw 25 sales at an average $1,089,000.

[smartcode_project:default project_id=112024 project_image_fid=241132]

Mosaic's luxury <a href="/new-apartments/isabel-by-mosaic-96-the-esplanade-burleigh-heads">Isabel project on the Burleigh Heads beachside</a> was fourth with an average sale price of $3.8 million.

Urbis director Paul Riga said the sales showed a continued strong demand for apartments across the Gold Coast, particularly along the traditional beachside strip between <a href="/developments/surfers-paradise-qld-4217">Surfers Paradise</a>, <a href="/new-apartments/broadbeach-qld-4218">Broadbeach</a>, and <a href="/new-apartments/burleigh-heads-qld-4220">Burleigh Heads</a>.

“We’re seeing consistent sales results being achieved along the Gold Coast despite the current interest rate environment, and we think this reflects a solid level of local buyer interest as well as the continued migration from the southern states and those downsizing from existing homes into apartment living,” said Mr. Riga.

The Q4 data is consistent with the 288 sales in Q1 2023 and 211 in Q2. There was a sales spike in Q3 when there were 470 sales.

Read more:&nbsp;<a href="/news/qld/gold-coast-apartment-sales-jump-in-q3-2023-urbis">Gold Coast apartment sales jump in Q3 2023: Urbis</a>

Riga said rising construction costs, which were impacting the viability of projects, had constrained supply but those with the delivery capability and experience to take projects to the market and construct were continuing to launch new projects.

Vista has been a standout performer in the Gold Coast market with almost half of the 280 apartments in the project sold for a total value of $170 million.

[smartcode_project:default project_id=112730 project_image_fid=211248]

Vista sales agent Matt George, who heads the national agency Urban Activation which sells high-end projects across Australia, said the sales in Vista reflected a ‘flight to quality’.

“Buyers are more aware and searching for well-funded developers undertaking well-finished high-quality projects in good locations near the beach with a guaranteed commencement of construction and delivery by a tier one builder,” George said.

“The developers of Vista are a solid multi-national company with a large balance sheet and the project they have introduced in Vista is of premium quality, designed by renowned local architects DBI.

“These factors have certainly come to the fore over the last 12 to 18 months.”

[smartcode_project_cta:default project_id=112730]

The Q4 data is consistent with the 288 sales in Q1 2023 and 211 in Q2. There was a sales spike in Q3 when there were 470 sales.



Gold Coast apartment sales remain strong as Vista Surfers Paradise and Crest Broadbeach stand out

The Gold Coast off the plan apartment market is expected to have another strong year, anecdotal feedback from local agents paired with data from Australia’s largest dedicated off the plan property website suggests.

Research collected by MatterFact, the new data product from Apartments.com.au who have hundreds of thousands of prospective off the plan apartment buyers visit their platform each month, shows there was consistent enquiry volumes throughout 2022 and 2023 on the <a href="/new-apartments/gold-coast-qld">Gold Coast</a>, despite the much-publicized lack of available stock for buyers to choose from.

Apartments.com.au CEO Mike Bird says, “he was surprised when analysing the numbers given the lack of new projects being launched to the market”.

Apartments.com.au surveyed its user base in Gold Coast, digging deeper into what the barriers are for them to purchase.

The overarching response was a lack of trust in the developer or the builder. Over two-thirds of respondents said they didn’t know if they could trust the two biggest stakeholders in the project.&nbsp;

[smartcode_project:default project_id=113271 project_image_fid=214288]

The next two biggest barriers were also both tied to the builder. 60 per cent of respondents also said a barrier to purchase was the uncertainty of move-in timelines, while half of the respondents said they were concerned with what the build quality would be like come completion.

“These are fairly common concerns statewide when it comes to buying an off-the-plan apartment,” Bird says, however, he adds that the concern is more exacerbated in the Gold Coast than anywhere else in the country.

“There needs to be full confidence now in every stakeholder in the project. The first or second question from the prospective buyer isn’t related at all to the apartment they’re purchasing, it’s related to the developer and the builder.&nbsp;

[smartcode_project:default project_id=113271 project_image_fid=247284]

The latest research was presented the&nbsp;<a href="/project-marketer/colliers">Colliers Residential</a> developers’ lunch on the Gold Coast in late February. &nbsp;David Higgins Director of Residential who hosts the function, says the chronic undersupply on the Gold Coast that has been getting worse for years and with a drop in confidence in builders and developers unable to deliver the much-needed supply only adds to the problem.

"It seems the lack of trust of builder-developer is the number one current issue with off the plan buyers, in fact, it’s almost now secondary to be sold on the apartment configuration or the price, the buyer needs to be sold on the fact the project will be built, and to a high quality.”

“The positive for the market is that Builders and Developers who can demonstrate certainty, and have earned the trust of the buyer, will be supported by strong buyer ongoing demand from both the end user and investors”. Higgins added.

[smartcode_project:default project_id=107928 project_image_fid=234095]

Less than a third of respondents said a barrier to entry was finding value for money in the market, which is incredibly surprising given the Gold Coast’s boom in recent years.

Despite there being very little to choose from in terms of marketed projects on the Gold Coast, only a quarter of respondents said they were struggling to find an apartment that fit their needs.

Bird said that where in other states price and product mix are huge barriers to entry, that doesn’t seem to be the issue in the Gold Coast.

"It’s purely related to developer and builder confidence. If the market can find a way to fix that, and more projects can get out of the ground, then the market could pop again.”

Urban.com.au surveyed its user base in Gold Coast, digging deeper into what the barriers are for them to purchase

What are buyers saying about buying off the plan property on the Gold Coast in 2024?

Chevron Island's village lifestyle is drawing both developers and buyers to the small island directly inland of Surfers Paradise.

The latest developer to take advantage of the in-demand suburb is&nbsp;<a href="/developers/bastion">Bastion</a>, whose new $90 million&nbsp;<a href="/new-apartments/nera-residences-chevron-island-8-10-parneno-street-chevron-island">NERA Residences</a>&nbsp;will take up position toward the northern end of the island at 8-10 Parneno Street, just two streets away from the high street strip of Thomas Drive.

Thomas Drive hosts a variety of boutique retailers, highly-rated restaurants, and cafes, including Curry Muncher, Wagyu-Ya, Arlo's Pizzeria, Casa Brasil, The Balkan Est, and The Noodle House. Thomas Drive is also the main thoroughfare through Chevron Island, a bridge to <a href="/new-apartments/surfers-paradise-qld-4217">Surfers Paradise</a> to the east and <a href="/developments/southport-qld-4215">Southport</a> to the west.

[smartcode_project:default project_id=108640 project_image_fid=241577]

Chevron Renaissance, the largest shopping centre in Surfers Paradise, is just across the bridge to Surfers, while the retail hubs of Surfers Paradise Boulevard and Cavill Avenue are less than two kilometres away from NERA.

Although a relatively small suburb compared to its neighbours, Chevron Island boasts a number of riverside parks and reserves like Chevron Island Park and Korman Family Park, as well as park and fishing spots at Darrambal Street Reserve.

[smartcode_project:default project_id=108640 project_image_fid=241579]

The Home of The Arts (HOTA) precinct, located south of Chevron Island and connected by Bundall Rd over the Nerang River, is set to activate artistic programs, markets, festivals, film events, family recreation, and architectural showcases from Melbourne-based practice ARM.

While <a href="/developments/chevron-island-qld-4217">Chevron Island</a> isn't home to any educational institutions, its central location puts it only a short drive from&nbsp;Surfers Paradise State School, The Southport School, and Keebra Park State High School.

[smartcode_project:default project_id=108640 project_image_fid=253875]

NERA comprises 87 two and three-bedroom apartments, half-floor sky homes, and a penthouse over 28 levels, with panoramic views of the Pacific Ocean and Gold Coast Hinterland.

The rooftop features 360-degree views and is home to an&nbsp;infinity pool, wellness spas, and a fitness centre, as well as&nbsp;resident private dining areas and outdoor sky lounges with fire pits.

NERA's construction will commence soon, with completion slated for mid-2026.

[smartcode_project_cta:default project_id=108640]

The prime location of Chevron Island's newest apartment development, NERA Residences

Alderley, the quiet suburb north of Brisbane, is set for a rare injection of new apartments with the upcoming launch of Breathe Residences.

The boutique project is being developed by joint venture partners <a href="/developers/capital-prudential">Capital Prudential</a>, who are behind the recently released Noosa townhouse development JURA Noosa, and the architecturally-driven property developer <a href="/developers/guavalime">Guavalime</a>.

<a href="/new-apartments/breathe-residences-alderley-27-lorne-street-alderley-qld">Breathe Residences</a> occupies a prime site at 27 Lorne Street, ideally located across the road from <a href="/developments/alderley-qld-4051">Alderley</a> Station and its surrounding amenity.

<img alt="Breathe Residences" data-entity-type="file" data-entity-uuid="bbba5da6-c109-434f-9de3-2cfe53ac7184" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-02-29%20at%2011.00.03%20am.png?VersionId=THvaTaZh_XBqZgiqClj4orlzx_ZEiT_c" />

<a href="/architects/loucas-architects">Loucas Architects</a> designed Breathe Residences, capturing modern Australian design. The central concept focuses on the building’s "lungs" – a garden courtyard at the core, surrounded by pathways promoting mobility, connections, and peaceful moments within the gardens.

Inside, the apartments feature exposed concrete ceilings in the living area, while balconies or outdoor rooms feature built-in bench seats and planter boxes, extending living spaces outdoors while offering opportunities for relaxation and greenery.

The kitchen is finished with reconstituted stone benchtops and kitted with Bosch appliances, including induction cooktops.

[smartcode_project:default project_id=143502 project_image_fid=249941]A number of ground floor apartments have their own entry courtyards, promoting cross-flow ventilation and providing space for personalization with bike racks or plantings.

Local builder&nbsp;<a href="/builders/geocal-group">Geocal Group</a> has already been appointed to build Breathe Residences, which is expected to officially launch soon through Position Property.

[smartcode_project_cta:default project_id=143502]

Local builder Geocal Group has already been appointed to build Breathe Residences

Alderley to receive new apartment injection as Breathe Residences approaches launch

After successfully selling down a number of apartments off market, Orb Property Partners has hit the go button on WOBO, in the North Melbourne Tapestry precinct which is set to be a game changer for the area.

WOBO, designed by <a href="/architects/fk-australia">Fender Katsilidis</a>, is part of the first stage of Tapestry, the 1.4-hectare lifestyle-led project bounded by Alfred Street and Boundary Road.

<a href="/new-apartments/wobo-north-melbourne-103-105-boundary-road-north-melbourne">WOBO</a> will comprise&nbsp;99 one, two and three-bedroom warehouse-style apartments. All one-beds have already been snapped up, leaving two and three-bedrooms starting from $590,000.

[smartcode_project:default project_id=112082 project_image_fid=249769]

<a href="/developers/orb-property-partners">Orb Property Partners</a> Director David Wardlaw said it had been a long hard road to getting the project live, having initially bought the site well over a decade ago.

"The philosophy was to make a community-focused precinct which would bring in a diverse mix of residents, from frontline workers to young families and downsizers," Wardlaw said.

"We looked at some of the best lifestyle precincts in the world, from the US to Europe, and tried to create something similar in Melbourne, far and above what's come before."

[smartcode_project:default project_id=112082 project_image_fid=249784]

There was a conscious effort during the design and development phase from Orb and FK to cater for families, who Wardlaw says aren't really catered for in the modern day apartment developments.

"We tried to encourage a family lifestyle, with larger apartments crafted with dedicated kids zones. We want families to be integrated with the community."

The precinct will feature significant communal facilities in the form of a sustainable wellness centre, fresh food marketplace, co-working spaces, alfresco areas, and the Private Members Lounge complete with a central fireplace and&nbsp;modular lounges, designed to bring the residents of WOBO together.

The ground level will be activated with everything a resident could need, with premium retail, cafes and restaurants, as well as a bar, bakery, hairdressers, beauty salon and a medical centre.

[smartcode_project:default project_id=112082 project_image_fid=249783]

The apartments merge the industrial heritage of <a href="/new-apartments/north-melbourne-vic-3051">North Melbourne</a> with the cool, loft-style living of New York.&nbsp; Living spaces are framed by white oak, while timber floors lie under foot, with exposed concrete ceilings above.

Light and bright kitchens of refined joinery, premium SMEG appliances and natural stone benchtops connect to bathrooms, fitted with future-retro style fluted glass and bronze finishes.

[smartcode_project:default project_id=112082 project_image_fid=249773]

Part of the design brief was for the apartments to have sustainability benefits.

There's solar panels on the rooftops, a state of the art organic energy plant in the precinct, electric vehicle shares cars, and the retail and hospitality venues will be waste free.

[smartcode_project:default project_id=112082 project_image_fid=249788]

<a href="/project-marketer/projects-by-buxton">Projects by Buxton</a> Director Heath Thompson says Tapestry will be the&nbsp;preeminent hub of North Melbourne when it’s completed in 2026, with a community-led precinct at its core.

"We're seeing a complete suite of demographics, with investors, slightly older first home buyers, and families all showing interest," Thompson says.

"We anticipate there to be some regional buyers who are looking for a city bolthole, as well as those on the fringes of Melbourne like Seddon and Footscray. It will have a broad appeal."

Genuine prospective buyers at WOBO can walk around the floorplans in real life at the nearby Big Plans warehouse space, which allows buyers to literally walk around the apartment they're looking at buying, with the floorplan projected onto the floor. Furniture on wheels allows buyers to get a true sense as to how they would live in the apartments.

Demolition on site is expected to be complete toward Q2 2024, with construction to kick off soon after. Completion is slated for early 2026.

[smartcode_project_cta:default project_id=112082]

Demolition on site is expected to be complete toward Q2 2024, with construction to kick off soon after. Completion is slated for early 2026

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