<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?

The leafy Malvern East is set to welcome its newest apartment development with the upcoming release of Taylor, a boutique collection of price-pointed apartments in Malvern East.

Developed by&nbsp;<a href="/developers/eve-holdings">EVE Holdings</a>, Taylor comprises 16 one, two, and three-bedroom apartments on a large corner site in the <a href="/developments/malvern-east-vic-3145">prestigious suburb</a>, near East Malvern Station and Waverley Oval.

Taylor has been designed by the renowned architectural firm <a href="/architects/rothelowman">Rothelowman</a>&nbsp;and features a striking&nbsp;facade characterised by a strong sense of symmetry with classic materials such as brick, timber, and concrete.

The carefully designed porch was inspired by the surrounding heritage homes, while cascading greenery softens the linear composition.

[smartcode_project:default project_id=143954 project_image_fid=253003]

“The durability and materiality of Taylor is very much considered with the future in mind.," Rothelowman Director Stuart Marsland said.

"So we chose bricks and powder-coated metal because these kinds of materials stand the test of time with the rigour of the Australian sun."

The layered and textured minimalist design continues to inside the apartments which feature a neutral palette with stone accents and timber flooring.

[smartcode_project:default project_id=143954 project_image_fid=253008]

The open-plan living area is flooded with natural light, courtesy of floor-to-ceiling windows and full-height sliding doors that offer views of the treetops.&nbsp;

The indoor-outdoor flow extends to private landscaped terraces and courtyards, designed by landscape architect <a href="/architects/john-patrick-landscape-architects">John Patrick</a>.

The kitchen has bespoke stone benchtops and is well-equipped with high-end integrated appliances.

[smartcode_project:default project_id=143954 project_image_fid=253009]

The master bedroom features 100 per cent wool carpets, a walk-in robe and an ensuite with natural porcelain tiles and fluted joinery.

Location is a key highlight of Taylor, as it sits in a prime position close to both the East Malvern Station and the Monash Freeway. Just the other side of the freeway is the Malvern Valley Golf Club, Darling Park, and Basil Reserve.

Construction of Taylor by builder D5 Build is underway. Jellis Craig Projects Director Stephen Bowtell is marketing the project, with prices starting from $620,000.

[smartcode_project_cta:default project_id=143954]

Construction of Taylor by builder D5 Build is underway

Malvern East's latest apartment development revealed

Property developer <a href="/developers/hewson">Hewson</a>&nbsp;has appointed Cobild as the construction partner for their Armadale apartment development, The Carlile.

The Carlile comprises a limited collection of just nine full-floor apartments, strategically positioned on High Street, right near the&nbsp;<a href="/developments/armadale-vic-3143">Armadale</a>&nbsp;train station.

The development is crowned by three full-floor penthouse residences, each with direct lift access and private garages.

[smartcode_project:default project_id=93833 project_image_fid=196528]

Designed by <a href="/architects/bayley-ward">Bayley Ward</a>, The Carlile draws inspiration from the adjacent Art Deco architecture.&nbsp;

"A restrained palette of textured, coloured concrete and fine metalwork completes the composition, establishing a sensitive and tactile edifice that is unabashedly contemporary," Bayley Ward said.

"The two heritage buildings are retained, restored, and sensitively integrated into the development providing boutique retail tenancies fronting High Street."

A discreet vine-covered archway serves as the pedestrian entry to the residences, landscaped by <a href="/landscape-architect/acre">Acre</a>.

[smartcode_project:default project_id=93833 project_image_fid=196510]

Each apartment features spacious living areas with oak flooring and floor-to-ceiling glazing offering uninterrupted views and doors opening to terraces with low-maintenance flowering plantings and trees.

A ground-floor north-facing unit has private gardens with a private swimming pool.

Kitchens, with an oversized island bench as a centrepiece,&nbsp;are well-appointed by VZUG appliances.

[smartcode_project:default project_id=93833 project_image_fid=196501]

The master bedrooms feature walk-in wardrobes and ensuites, while some apartments include a library, a bar nook, and walk-in laundries.

Acre has also paid attention to the development's communal spaces, creating a café courtyard with a feature deciduous tree and an open aspect to the street, adding character and seasonal colour to the property.

The Carlile is situated just 10 kilometres from the CBD.

<a href="/builders/cobild">Cobild</a>&nbsp;has already kicked off construction.&nbsp;<a href="/buildings/the-carlile-armadale-929-933-high-street-armadale">The Carlile</a> is slated for completion in February 2025.

[smartcode_project_cta:default project_id=93833]

Designed by Bayley Ward, The Carlile draws inspiration from the adjacent Art Deco architecture

Hewson appoint Cobild to build Carlile Armadale apartments

Sydney developer ALAND has sold the last of its 289 apartments at Carson on the Park in St Marys, just as the project reaches completion.

The $170 million masterplanned community, the first of its kind in St Marys, sits on a one-hectare site in the heart of the town centre and contains a mix of one, two and three-bedroom apartments across four eight-storey buildings.&nbsp;

With prices ranging from $495,000 for a one-bedroom apartment to $722,500 for a three-bedroom apartment, the project has attracted interest from buyers across Greater Sydney with over 50 per cent sold to first-home buyers and 41 per cent sold to investors.&nbsp;

&nbsp;

<img alt="Carson" data-entity-type="file" data-entity-uuid="5b8c9ae4-5ed2-4d04-af63-f260868d2657" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-02-16%20at%202.36.57%20pm.png?VersionId=dOGNqSuOY_KWDeteFuGVZWpAokWkR3SC" />

ALAND Chief Executive Officer George Tadrosse says the positive response to Carson on the Park vindicated ALAND’s commitment to build affordable, quality housing in areas of high growth and comes at a time when Australia faces an acute shortage of new housing.&nbsp;

“When we announced the project in July 2022, we quickly sold over 100 apartments off-market and continued to see strong demand right up until completion. To see that amount of interest, particularly from first home buyers, is proof that we’re delivering homes that people want,” he said.&nbsp;

“This development is a prime example of what we stand for -- a strategically positioned and well built property that gives people the ability to live in a high-quality home, but also take the opportunity to create a property portfolio.”&nbsp;

The federal government has set a target of building 1.2 million new dwellings between now and 2029, but the NSW Premier Chris Minns has already admitted that the state will struggle to meet its goal of building 75,000 new houses and apartments each year.&nbsp;

Carson on the Park is located close to St Marys Village Shopping Centre and several parks and reserves, plus an abundance of schools, shopping and medical facilities, positioning it as an ideal place to live and also as a sound investment opportunity. &nbsp;

<img alt="Carson" data-entity-type="file" data-entity-uuid="0c161de1-90a9-479f-8b4e-f11d7918d424" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-02-16%20at%202.37.12%20pm.png?VersionId=2fwjl3i_QayJvD0wlDTZsnG0DrXlQgTb" />

The development includes communal outdoor spaces with barbecue areas and a children’s playground. Each apartment features a spacious balcony or courtyard with state-of-the-art kitchens fitted with energy-efficient Fisher &amp; Paykel appliances and stone benchtops.&nbsp;

ALAND Head of Sales Scott Rudgley says the success at Carson on the Park is indicative of the underlying strength of the Western Sydney residential property market.&nbsp;

“It’s been fantastic to see the project sell out at completion. This a testament to the community’s trust in ALAND and the Western Sydney market generally,” he said.

St Marys is one of the major beneficiaries of more than $20 billion worth of NSW Government investment earmarked for Western Sydney, with several major civic, health, retail, and transport projects due to be completed within the next few years.&nbsp;

“People see enormous opportunity in this location on the back of several major infrastructure projects, including the new metro line and Western Sydney International Airport,” said Mr Rudgley.&nbsp;

Established over 20 years ago, ALAND is known for delivering high-quality, mixed-use developments in fast-growing regions across Western Sydney and NSW Central Coast.&nbsp;

The multi-disciplinary development and construction company has a pipeline of more than 6,500 apartments throughout Greater Sydney and the NSW Central Coast, with over 1,300 apartments currently under construction.&nbsp;

[smartcode_project_cta:default project_id=13486]

ALAND Chief Executive Officer George Tadrosse says the positive response to Carson on the Park vindicated ALAND’s commitment to build affordable, quality housing in areas of high growth and comes at a time when Australia faces an acute shortage of new housing

First home buyers and investors snap up new St Marys apartments

The evolution of Robina is set to continue in 2024 with Immerse Projects revealing&nbsp;its eight-storey mixed-use development, Ombré, ahead of the project’s launch in March.

The elevated development at 46 Scottsdale Drive will deliver a collection of 95 one, two and three- bedroom apartments alongside private resident amenities and integrated retail and commercial spaces.

<a href="/developers/immerse-projects">Immerse Projects</a> founder and Managing Director, John Kearney, said <a href="/new-apartments/ombre-robina-46-scottsdale-drive-robina">Ombré</a> was the latest offering in <a href="/new-apartments/robina-qld-4226">Robina</a> as the suburb evolved into a thriving urban lifestyle hub.

“The Gold Coast market is one of the strongest in the country and the demand for new housing continues to outpace supply,” Kearney said.

“This is especially the case in the local lifestyle market, which has been overlooked in recent years in the race to deliver ultra-luxury projects that are simply out of most people’s reach.

“Ombré goes against this trend by designing from the inside out, embodying a ‘homely’ approach to modern architecture that delivers spacious floor plans, and skyline and hinterland views.

“This supply is essential in a suburb under pressure with a vacancy rate of just 0.5 per cent.”

[smartcode_project:default project_id=143341 project_image_fid=251416]

While pricing has not yet been released, a portion of apartments at Ombré have been priced below $750,000, well suited to first home buyers who can take advantage of the new $30,000 FHOG.

Read more:&nbsp;<a href="/news/qld/queenslands-first-home-owner-grant-doubles-to-get-more-first-home-buyers-into-the-property-market">Queensland's First Home Owner Grant doubles to get more first home buyers into the property market</a>

Kearney said development opportunities were becoming increasingly rare in Robina as the suburb’s rapid transformation approached a new phase of maturity with an Olympic Village to be built and the Robina Parklands Greenheart underway.

“Ombré’s distinctive design brings Brisbane City-style sophistication to an urban landmark specifically designed with the central Gold Coast market in mind,” Kearney said.

“It will become a signature landmark in the area, building on the history of Robina and connecting residents, visitors, and neighbourhoods with considerable and convenient amenities. There is no project like it, and no similar apartments available on the Gold Coast.”

[smartcode_project:default project_id=143341 project_image_fid=251417]

Kearney said leading contract builder <a href="/builders/greyburn">Greyburn</a>, of which he is also Managing Director, had been appointed to deliver the project after the team recently completed Robina Grand, a nine-storey building with 73 units.

“Greyburn Constructions is the exclusive contract builder for Immerse Projects and this association brings local experience, a trusted 30-year history, and capacity to deliver. It’s advantageous for both companies, and our purchasers, creating alignment between the development and construction outcomes and driving confidence in completion.”

[smartcode_project:default project_id=143341 project_image_fid=251420]

Located close to major retail, education and employment centres and well connected to the Gold Coast’s beaches, Kearney said Ombré would give its residents endless opportunities to live life in their own way.

Designed by BDA Architecture, Ombré features a mix of one, two and three-bedroom apartments. Private resident amenities include a residents’ lounge, function room, games room, spacious pool and landscaped outdoor spaces.

Construction of Ombré is expected to begin in May.

[smartcode_project_cta:default project_id=143341]

Designed by BDA Architecture, Ombré features a mix of one, two and three-bedroom apartments

Immerse Projects reveal Ombré Robina apartments

Sherpa Property Group has appointed LPS Group to build its luxury Palm Beach apartment, Perspective Nexus.

Appointing a builder to the project, which is now fully approved by council, comes on the heels of Sherpa edging towards a 50 per cent sellout after securing contracts totalling $48 million.

LPS Group only works with a small number of key developers to ensure the successful delivery of quality projects.

[smartcode_project:default project_id=108324 project_image_fid=228359]

“Receiving development approval and having a reputable builder locked in and ready to go marks a significant milestone for <a href="/new-apartments/palm-beach-qld-4221">Perspective Nexus</a>, affirming its journey from vision to reality,” Sherpa Property Ground founder Christie Leet said.

Leet says LPS Group is one of Queensland’s most accomplished builders and a perfect partner to bring Perspective Nexus to fruition.

“LPS Group shares the same ‘less is more’ approach that we take with our business,” Leet said.

“We only take on the work we can handle which allows us to focus on delivering a quality finished product and in LPS we are partnering with a builder that fully understands our vision for Nexus.”

LPS, which is currently progressing construction of Siera's&nbsp;<a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">Pipis at Bilinga</a> on the <a href="/developments/gold-coast-qld">Gold Coast</a> after completing Bide at <a href="/developments/newstead-qld-4006">Newstead</a> in Brisbane’s inner north, prides itself on engaging in all aspects of a project’s life cycle.

[smartcode_project:default project_id=108324 project_image_fid=250147]

“We’re very excited to be involved in Perspective Nexus and we’re pleased to be partnering with Sherpa which has an industry reputation for creating developments that stand the test of time,” says LPS Director Mark Short.

“After working closely with Sherpa in the lead-up to our appointment as builder, we are confident that with Nexus we will be delivering an iconic residential development for the southern Gold Coast.”

<a href="/news/qld/sherpa-launch-perspective-nexus-palm-beach-apartments">Perspective Nexus</a>, the product of a detailed design process led by HAL Architects, will rise on a 1,583 sqm site at 949-953 Gold Coast Highway, <a href="/new-apartments/palm-beach-qld-4221">Palm Beach</a>.

The nine-storey project will deliver an exclusive collection of 32 spacious apartments, including two half-floor penthouses and three sky homes with their own private rooftops.

Perspective Nexus residents will share in a wide range of luxurious communal amenities, including a dedicated wellness space with features such as a cold plunge pool, sauna, magnesium pool and steam room with internal stairs down to the residents’ recreational space which includes a spa, pool, private dining and wellness garden.&nbsp;

[smartcode_project:default project_id=108324 project_image_fid=231830]

The project will also boast 79 car parks for both residents and visitors, electric car charging stations, individual apartment storage, car wash bay, parcel delivery storage, including cold store and more.&nbsp;

Perspective Nexus builds on an impressive portfolio of projects by Sherpa Property Group and is the 12th undertaken by the company in the Gold Coast region.

Leet said the strong market response from buyers, predominantly locals, following the official launch of the project in December has prompted Sherpa to fast-track construction.

“After securing contracts for half of the residences, and several prospective buyers sitting on the sidelines, we are looking forward to commencing construction soon."

Construction is planned to start in the first quarter of 2024 for completion in the third quarter of 2025.

[smartcode_project_cta:default project_id=108324]

Construction is planned to start in the first quarter of 2024 for completion in the third quarter of 2025

Sherpa appoints builder for fully approved Perspective Nexus, Palm Beach apartment development

TWT Property Group has appointed Westbourne Constructions as the builder for stage one of their transformative St Leonards mixed-use precinct, The Collective

<a href="/new-apartments/the-collective-crows-nest-23-35-atchison-st-crows-nest">The Collective</a>, 23-35 Atchison Street, stands as a cornerstone of TWT Property Group’s visionary plan to revitalize the <a href="/new-apartments/st-leonards-nsw-2065">St Leonards</a> area, with the $1 billion project encompassing around 13,000 sqm of prime real estate.

Construction for The Collective's first stage is scheduled to commence in the third quarter of 2024, with the project slated for launch in mid-2024.

The inaugural phase of The Collective will introduce 93 residences ranging from one to four-bedroom configurations. The low-density design has been created by Team2 Architects and interiors by DBI.

Situated in of St Leonards, The Collective sits in a convenient pocket in St Leonards on Atchison Street, near both the Metro and train stations.

Part of the development will be the&nbsp;Creative Precinct initiative, which <a href="/developers/twt-property-group">TWT</a> will integrate into the wider masterplan.

<img alt="TWT" data-entity-type="file" data-entity-uuid="3d2174d5-2ef3-47db-b3ff-315deb754dd8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-02-16%20at%208.58.50%20am.png?VersionId=m2IjuQ6nfm3aJiHtU7IfS6xGyqRarfrp" />

&nbsp;

Westbourne Constructions, which has been operating for over 20 years, has won&nbsp;multiple Master Builders Association Excellence in Construction Awards and the prestigious Urban Taskforce Development Excellence Award for Adaptive Re-Use.

Gavin Zhang, Director&amp; General Manager of TWT Property Group said the partnership isn't just about constructing homes, it's about sculpting environments that elevate and enrich lives.

"Westbourne Constructions' commitment to quality and their proven track record in delivering world-class, award-winning residential projects make them the ideal partner for The Collective."

TWT Property Group has a rich history of transformative developments, including Grande Pyrmont Bay Estate, NewLife Bondi Junction, NewLife Darling Harbour, and T1 St Leonards.

Construction for The Collective's first stage is scheduled to commence in the third quarter of 2024, with the project slated for launch in mid-2024

TWT appoint Westbourne Construction to build first stage of $1 billion St Leonards masterplan, The Collective

Prominent Sydney lower North Shore developer Abadeen branched out into the owner-occupier market in Melbourne late last year.

They announced former CBRE executive Andrew Leoncelli as their managing director, as well as their first two developments, <a href="/new-apartments/malea-94-burke-road-malvern-east">Malea</a> in Malvern East, and an upcoming project at <a href="/new-apartments/grandview-prahran-616-646-high-street-prahran-vic-3181">646 High Street, Prahran</a>.

With everything going on at <a href="/developers/abadeen-group">Abadeen</a>, we caught up with Andrew Leoncelli to discuss the strategic decision in taking over Abadeen's push in Melbourne.&nbsp;

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/IDhD4kU2ces?si=V-c_H935hByoLuIk" title="YouTube video player" width="560"></iframe>

Leoncelli says Abadeen is a great business to be a part of.

"Abadeen Group in Sydney, run by Justin Brown is a very successful, luxury high end property developer with lots of runs on the board, lots of great projects, lots of great delivered projects and lots of great capital partners and consultants," Leoncelli says.

The focus for Abadeen VIC is Melbourne's east and south-east, owner-occupier stock in the best locations.

There are just seven apartments on offer at Malea, the only new development on Malvern East's Central Park.

[smartcode_project:default project_id=141969 project_image_fid=222388]

Abadeen will be submitting an application for 646 High Street in Prahran soon, and pending council approvals which they hope to come later this year, will launch either at the end of 2024 or more likely the start of 2025.

"Identifying sites where there's retail amenity, good public transport, some lifestyle amenity, whether that be a park, beach, those sort of things, is key for us," Leoncelli says.

"High Street is moments to High Street Armadale, it's in <a href="/new-apartments/prahran-vic-3181">Prahran</a> East village, it gets great city views, it's surrounded by good public transport and infrastructure, great restaurants, pubs. It's a really exciting little pocket of Melbourne."

Leoncelli says there hasn't been a lot of high end development in that community

"I think it's a really great opportunity working with Carr to deliver a really high end product."

The project will target the downsizer with two and three-bedrooms. The two-bed apartments will start from over 100 sqm, and the three's with a study will have over 200 sqm of living space.

"It will suit those looking for something of high quality and size that matches their needs."

Read more:&nbsp;"<a href="/news/nsw/theres-big-demand-for-the-empty-nester-five-minutes-with-abadeens-justin-brown">There's big demand for the empty nester": Five minutes with Abadeen's Justin Brown</a>

Michael Bird

How Abadeen will contribute to Melbourne's high end owner-occupier market: Five minutes with Andrew Leoncelli

Sydney property developer KDMC will officially launch sales of the first-release apartments at its affordable Tallawong development, Ophora, in February.

The development is set to become Blacktown Council's first apartment complex to include a 10-year Latent Defect Insurance.

Ophora comprises 81 one, two, and three-bedroom apartments spread across five storeys.&nbsp;The one-bedroom units start at $475,000, 40 per cent below Sydney's average, two-bedroom units from $625,000, 30 per cent below the average, and three-bedroom units from $745,000, almost 70% below Sydney's average.

<img alt="Luxury Tallawong apartments, Ophora" data-entity-type="file" data-entity-uuid="81d3091e-0afa-498f-92b6-c2fda7b55356" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Ophora%20Perspective.png?VersionId=YaFbJOZLYdvuc4JEpVQPQOJG.aGIob8G" />

Each apartment features open-plan layouts that residents can personalise with two colour schemes - warm wood and cream or stone-grey finish.

Expansive doors and windows frame views of <a href="/developments/tallawong-nsw-2762">Tallawong</a>, with the living area and many bedrooms offering direct access to balconies overlooking The Hills.

The kitchens are equipped with Fisher &amp; Paykel appliances and Smartstone Santorini-engineered benchtop islands.

<img alt="Luxury Tallawong apartments, Ophora" data-entity-type="file" data-entity-uuid="c384e619-cef0-4815-9bb7-6301d9faf4fe" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Ophora%20Kitchen.png?VersionId=al5XIYpfH.JMsV_pU2D7fQTcS6QytZ1I" />

The bathrooms have semi-frameless showers, polished chrome tapware, and stone-look porcelain tiles. Some of the larger apartments feature an oval free-standing bathtub.

Ophora is crowned by a&nbsp;landscaped rooftop terrace with barbecue spaces, power outlets and wi-fi provisions.

<img alt="Luxury Tallawong apartments, Ophora" data-entity-type="file" data-entity-uuid="9885f010-f722-4aed-912c-9bd1a5475c55" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Ophora%20Rooftop.png?VersionId=7mBT3KO2.rfjOEa8LdtNSUCPDb.Lzy3p" />

<a href="/developers/kdmc">KDMC</a>&nbsp;has also included EV charging stations in the development to reflect Ophora's commitment to sustainability and future-forward living.

Conveniently located just two kilometres from the new Tallawong Metro Station and Schofields Train Station, Ophora offers quick connectivity to the wider Sydney region.

Construction is underway, with completion slated for August 2024.

mikah.m@urban.com.au

Tallawong apartment development with Latent Defect Insurance launched

Glen Iris in Melbourne's inner east is well known for its leafy streets, charming period homes, and family-friendly atmosphere.

Developer <a href="/developers/lk-property-group">LK Property Group</a>, led by billionaire NBL owner Larry Kestelman, identified a small pocket where they knew future residents of their recently launched townhouse development, Lori, would be able to take advantage of the best <a href="/new-townhouses/glen-iris-vic-3146">Glen Iris</a> has to offer.

In 2021 they snapped up an unusually shaped 1,120 sqm site on Malvern Road, an irregular site which allowed for a creative design of eight townhouses set well back from the street.

[smartcode_project:default project_id=114100 project_image_fid=246532]

Lori, at 1610 Malvern Road, sits opposite a direct laneway through to Gardiners Creek where there's the Gardiners Creek Trail, a 40-minute trail to the city, as well as Nettleton Dog Park and Howard Dawson Reserve.

Just 500 metres down Malvern Road is the popular independent craft brewery Deeds Brewery, as well as the Glen Iris Station, connecting future Lori residents to the city in around 20 minutes.

On the way to the station is Platform Espresso, the popular commuter coffee stop, while just past the station is the hospitality strip on Malvern Road. There's&nbsp;That Greek Tavern, Pimento Thai Cuisine, Beans Republique, bagels and pastries at 3146 Bagels or AM Bakehouse, Italian pizza at Teo's, dinner at Hen's House, and a nightcap at Milton Wine Shop. They all sit within less than 500 metres from Lori.

Glen Iris is a well established, family friendly community, and with that comes excellent schools. The likes of Caulfield Grammer, Sacre Coeur, Auburn High, and Korowa Anglican Girls' School which all feature in the states top 10 per cent best schools list.

There's close physical amenity in the form of&nbsp;the TH King Oval, the aforementioned Gardiners Creek Trail, Gardiner Tennis Court, and Harold Holt Pool, which is just over one kilometre away from Lori.

Lori will be inkeeping with the wider Glen Iris community. The&nbsp;100-year old trees on the site will be preserved, creating a tree canopy from Lori's master suites located on the upper level

Each Lori townhouse will have three bedrooms across two levels, as well as parking for two cars.

[smartcode_project:default project_id=114100 project_image_fid=246531]

Award-winning architectural practice&nbsp;<a href="/architects/megowan-architectural">Megowan</a>&nbsp;has designed&nbsp;<a href="/new-apartments/lori-glen-iris-1610-malvern-road-glen-iris">Lori</a>.

Every part of the house is smartly designed, with careful thought put into every square metre for usability. The space under the stairs turns into a concealed study nook that opens to the living space.

The Miele-appointed kitchens feature a highly functional and adaptable open cupboard with plenty of storage space. The location of the kitchen&nbsp;allows for entertaining from the kitchen's terrazzo and natural stone benchtops to flow into the dining and living spaces.

Immerse Constructions is currently building Lori, which is slated for completion in Q4 2024.

[smartcode_project_cta:default project_id=114100]

Lori, at 1610 Malvern Road, sits opposite a direct laneway through to Gardiners Creek where there's the Gardiners Creek Trail, a 40-minute trail to the city, as well as Nettleton Dog Park and Howard Dawson Reserve

Family friendly and surrounded by nature: Lori's supreme location in Glen Iris

Australian buyers have dived into one of the most unique residential offerings in Australasia, making up the bulk of almost $NZ100 million in sales in the first stage of a $2 billion plus master-planned precinct transforming the New Zealand skiing mecca of Queenstown.

Reflecting Australia’s long-held affinity with Queenstown, more than 70 per cent of buyers in the project are Australian, with the remainder coming from New Zealand and some interest from the United States, sales agency New Zealand Sotheby’s International Realty announced.

Lakeview Te Taumata is being undertaken in a joint venture between ASX-listed Centuria Capital and Melbourne-based 94 Feet.

<img alt="Lakeview Te Taumata Project At Queenstown" data-entity-type="file" data-entity-uuid="8abda746-f454-4d9d-8317-cb2453e80898" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Exterior%20Hovering.png?VersionId=UPQOp7_y60V2fGuVRF.gcq4zIqrmC7HK" />

The partners spent the last five years working closely with New Zealand regulatory authorities and local Maori groups to secure the approval of what is being described as the ‘Aspen of the southern hemisphere’.

The project has been officially launched to the market over the weekend (February 10), with the first two stages comprising 224 apartments released.

Sales achieved have ranged from $NZ750,000 for studio apartments to $NZ9.8 million for a 256 sqm, three-bedroom apartment, complete with 44 sqm terrace with sweeping views over Lake Whakatipu and Queenstown’s renowned ski region, The Remarkables.

“We’re not surprised at the level of interest – this project is incredibly unique, has been very carefully planned and represents one of the most unique residential offerings ever seen in New Zealand,” said Mark Harris, CEO of New Zealand Sotheby’s International Realty.

“We are talking a $2+ billion precinct in one of the world’s most well-known ski and lifestyle destinations. It’s where Aspen meets Whistler and Pebble Beach meets Augusta.

“Australians have a very strong affinity with Queenstown and that’s one of the reasons why we’re seeing the level of sales and inquiry, aided by the benefits of a favourable exchange rate.”

The first stage of the project – comprising three buildings ranging from nine to 12 levels and named the Roto Collection – is set to undergo construction late 2024.

The Roto Residences will deliver a mix of designs including studio and one-bedroom apartments, complemented by two and three-bedroom residences offering living spaces from 77 sqm to 149 sqm with terraces of up to 22 square metres overlooking the lake.

<img alt="Lakeview Te Taumata Project At Queenstown" data-entity-type="file" data-entity-uuid="e856a444-1dd0-4433-a23b-5fdf725004ea" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Lakeview.png?VersionId=rY43K9tqhphfreqeDfnmGF7hHTvfkgyc" />

A selection of sub-penthouses will feature four and five-bedroom layouts startingt from 221 sqm and reaching 392 sqm.

The sub-penthouses, which will span over half a floor, are priced from NZ$8 million to NZ$11 million.

The Roto collection will be topped by a sprawling penthouse offering the ultimate in mountain, city and lake views with 475 sqm of living space including an expansive 37 square metre balcony.

The penthouse is available in two designs - one featuring five bedrooms and 5.5 bathrooms and the other offering four larger bedrooms and 4.5 bathrooms. Each alternative penthouse layout is complemented by a private wine cellar, gym/wellness centre and the option of a sauna.

Harris said the Roto Collection’s penthouse, which is on the market for NZ$25.5 million, has garnered significant interest from buyers.

“We have been fielding inquiries from multiple high-net worth buyers who recognise the transformational nature of this development and its positioning as a world-class residential-resort in the heart of Queenstown,” Harris said.&nbsp;

The Lakeview Te Taumata precinct, to be delivered in multiple stages over the next decade, has been designed as a complementary extension of the existing Queenstown town centre.

When completed, it will comprise an extensive range of luxurious residences, four hotels, including a premier six-star offering and a lifestyle and wellness hotel, as well as ground-floor retail, restaurants, bars, art gallery, public plaza and a hot-pools attraction. 
The official launch of the development and the strength of preliminary sales marks a major milestone for the project and its development partners.

“The early market response has established a firm timeline for a start to construction late this year,” said 94 Feet Development Manager Charmaine Balchin.

“Our team has been gearing up for this project for many years now, working with multiple stakeholders to create an exciting development that enriches the Queenstown experience for visitors while delivering significant benefits to the local community including extensive infrastructure works.”

The sale and development plans for the Lakeview site represents almost 20 years of planning, public consultation and decision making by the local council after it identified the need to expand the Queenstown town centre to facilitate economic growth for the area.

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