<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?

Chinese developer Poly Global has welcomed buyers to its latest residential apartment development, Spring Square by Poly in Sydney's Bankstown.

The state-owned developer had Australian builder Westbourne Constructions handle the build of the entire Kitchener Parade masterplan, a stone's throw from the Bankstown Station.

With the final release of the last remaining residences, Poly Global is extending a&nbsp;five per cent discount on the retail pricing for all apartments at Spring Square, making it even easier for first home buyers to enter the market and for investors looking to make their yields stack up.

Read more:&nbsp;<a href="/news/nsw/how-bankstowns-spring-square-by-poly-apartments-tick-all-the-boxes-for-a-first-home-buyer">How Bankstown's Spring Square by Poly apartments tick all the boxes for a first home buyer</a>

<a href="/news/nsw/how-bankstowns-spring-square-by-poly-apartments-tick-all-the-boxes-for-a-first-home-buyer">[smartcode_project:default project_id=7054 project_image_fid=245521]</a>

Spring Square by Poly, on a 4.6-hectare site which used to be the old Bankstown RSL, has been designed by Scott Carver and comprises 516 apartments across five towers, with the lower and ground floor laden with significant retail and commercial space for convenience.

The apartments come in various single and double-level layouts and crossover arrangements. The mix of living options is designed to provide a flexible and dynamic living environment for diverse residents.

The master plan includes retail shops, a health services facility and a childcare centre. Spring Square will be home to a garden, several small cafes, bars, and outdoor al fresco dining options that will spill onto the podium and ground level.

Residents also benefit from various communal spaces, with interconnecting walkways and green parks.&nbsp;

[smartcode_project:default project_id=7054 project_image_fid=245523]

With sustainability no longer optional for residential design, Poly Australia also integrated sustainability measures into the development, including greywater recycling, a central hot water system, solar panels, and energy-efficient air-conditioning. The project has received a BASIX rating for water efficiency.

Situated at the northern end of Bankstown's commercial precinct, Spring Square by Poly is strategically positioned to benefit from the renewed Canterbury-Bankstown to Sydenham corridor and the new Sydney Metro train line, just 300 metres away.

Read more:&nbsp;<a href="/news/nsw/how-spring-square-by-poly-taps-in-to-its-burgeoning-location">How Spring Square by Poly taps in to its burgeoning location</a>

Spring Square by Poly, on a 4.6-hectare site which used to be the old Bankstown RSL, has been designed by Scott Carver and comprises 516 apartments across five towers

Buyers move into Spring Square by Poly, Bankstown's newest apartment development

Like most markets nationally, Sydney's off the plan apartment market had its fair share of ups and downs in 2023.

Overall sentiment was positive, with developers and agents reporting that buyers are showing a willingness to transact on good product.

Most readers last year were craving fresh projects, with news about project launches top of the category list for 2023.

We've wrapped up the most consumed news articles in Sydney in 2023, as we look ahead to what 2024 has in store.

<h3>Builder appointed for $400 million City Tattersall Club redevelopment</h3>

The redevelopment of the <a href="/new-apartments/sydney-house-194-204-pitt-street-sydney">City Tattersall Club</a> in Sydney's CBD has progressed with the appointment of <a href="/builders/richard-crookes-constructions">Richard Crookes Constructions</a> as the builder.&nbsp;

The joint venture between First Sponsor and <a href="/developers/icd-property">ICD Property</a> secured development approval for the project at 194-204 Pitt Street in November 2021.&nbsp;

[smartcode_project:default project_id=12428 project_image_fid=152517]

The plan involves replacing most of the existing building with a new 50-level tower comprising 241 apartments and a high-end hotel with approximately 110 rooms.&nbsp;

The heritage ground floor area will be preserved but undergo significant upgrades. Richard Crookes Constructions will collaborate with project architects Fjmt and BVN Architecture to deliver guest rooms and residences honouring the site's heritage.&nbsp;

Read more: <a href="/news/nsw/builder-appointed-for-400-million-city-tattersall-club-redevelopment-sydney-house">Builder appointed for $400 million City Tattersall Club redevelopment</a>

<h3>How Piety Group are attracting first home buyers and investors to ONE The Waterfront apartments in Wentworth Point</h3>

Despite concerns about rising interest rates, Piety Group and <a href="/project-marketer/laver-residential-projects">Laver Residential Projects</a> have implemented an industry-first freeze on interest rate hikes to attract buyers, resulting in increased demand through Christmas and into 2023.&nbsp;

Piety Group offers free strata levies and a limited-time offer for a five per cent deposit exchange at their Wentworth Point apartment precinct, <a href="/buildings/one-the-waterfront-17-amalfi-drive-wentworth-point">ONE The Waterfront</a>.&nbsp;

[smartcode_project:default project_id=5751 project_image_fid=209846]

Additionally, first-home buyers can avoid stamp duty on apartments under $1.5 million as part of the NSW Government's First Home Buyer Choice scheme.&nbsp;

Read more: <a href="/news/nsw/how-piety-group-are-attracting-first-home-buyers-and-investors-to-one-the-waterfront-apartments-in-wentworth-point">How Piety Group are attracting first home buyers and investors to ONE The Waterfront apartments in Wentworth Point</a>

<h3>Rozelle Village, former Balmain Leagues Club redevelopment, set to launch</h3>

Heworth is set to launch <a href="/new-apartments/rozelle-village-rozelle-152-victoria-road-rozelle-nsw-2039">Rozelle Village</a>, a vibrant mixed-use precinct developed on the former Balmain Leagues Club site in Sydney's inner west.&nbsp;

Marketed through CBRE, the development centres around a new village square with retail spaces and apartments above. Recently amending the approved development application, Heworth seeks to reduce the number of apartments from 167 to 147 and change the mix to include more two and three-bedroom units.&nbsp;

<img alt="Urban's top five most read in 2023 in NSW" data-entity-type="file" data-entity-uuid="18513ff6-fe4a-4e8f-b8a2-1afed117f480" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Rozelle%20Village.png?VersionId=N3f_hkdIP2TeqzGuf2t6pkPBJrVntzGe" />

<a href="/architects/scott-carver">Scott Carver Architects</a> and <a href="/architects/richards-stanisich">Richards Stanisich</a> collaborate on the project, envisioning a cultural and community-focused precinct that integrates residential, commercial, and public spaces.

Read more: <a href="/news/nsw/rozelle-village-former-balmain-leagues-club-redevelopment-set-to-launch">Rozelle Village, former Balmain Leagues Club redevelopment, set to launch</a>

<h3>First look: Double Bay's Knox Street to get facelift with Koichi Takada development</h3>

Renowned Eastern suburbs developer Eduard Litver, known for the Bondi Pacific redevelopment, is set to introduce an unprecedented project to <a href="/developments/double-bay-nsw-2028">Double Bay</a>, collaborating with Japanese architect Koichi Takada.&nbsp;

The mixed-use development, located at 27-37 Knox Street opposite The Cosmopolitan Centre, features retail and food spaces on the ground floor, commercial space on levels 1-3, two large double-storey apartments on levels 4 and 5, and parking across the basement and level 1.

<img alt="Urban's top five most read in 2023 in NSW" data-entity-type="file" data-entity-uuid="a011d3bf-7aae-4e5c-a8d3-7c705edfa676" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Koichi%20Takada%20Knox%20Street.png?VersionId=godD6EIGqebJcgSdD2oawIvXheL_lmTb" />

The proposed development aims to harmoniously enhance the streetscape with contemporary design elements, including sculpted timber-look aluminium framing, timber batten screens, glazing, and upper-level planting, according to the Urban Design Report by AE Design Partnership.&nbsp;

Read more: <a href="/news/nsw/first-look-double-bays-knox-street-to-get-facelift-with-koichi-takada-development">First look: Double Bay's Knox Street to get facelift with Koichi Takada development</a>

Urban's top most read articles in Sydney in 2023

There's a lot going for the Melbourne off the plan apartment market.&nbsp;

The sheer statistics of the imbalance between dwelling approvals, construction of dwellings, and population growth, shows a frightening landscape for the Victoria capital.&nbsp;

Not so much for those however who have a foot on the property ladder. Investors are, and will continue to reap the rewards of a high migration numbers, pushing rents up, while owner-occupiers, generally, will see the value of their property rise with demand, again both local and international, outstripping supply.

With that in mind we've taken a look back at what piqued our readers interest in 2023.

<h3>Richmond's Victoria Shopping Centre redevelopment to create new urban village with over 1,600 new apartments</h3>

In February it was revealed&nbsp;<a href="/developments/richmond-vic-3121">Richmond</a>'s Victoria Gardens Shopping Centre will undergo a significant transformation with a $900 million redevelopment, led by co-owners Vicinity Centres and Salta Properties.&nbsp;

The ambitious project aims to convert the landmark site into a vibrant urban village, seamlessly integrating residential, commercial, retail, lifestyle, and entertainment spaces.&nbsp;

<img alt="Urban's top five most read in 2023 in VIC" data-entity-type="file" data-entity-uuid="5078cc50-dc2e-4a18-978a-b79db249ce5e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20Victoria%20Gardens%20Shopping%20Centre%20redevelopment.png?VersionId=nxYDSnEN6_npBQvx_nEae2xJYcIlY6Xh" />

Divided into two key precincts, the Doonside Precinct and River Boulevard Precinct, the redevelopment includes 1,679 new homes, a fresh food Market Hall, extensive open spaces, bike facilities, and parking.&nbsp;

The project, which is expected to create 680 construction jobs annually and over 3,300 ongoing jobs, is currently seeking planning approvals through the Victorian Government's Development Facilitation Program.

Read more: <a href="/news/vic/richmonds-victoria-shopping-centre-redevelopment-to-create-new-urban-village-with-over-1-600-new-apartments">Richmond's Victoria Shopping Centre redevelopment to create new urban village with over 1,600 new apartments</a>

<h3>Multiplex to build $2 billion STH BNK By Beulah towers</h3>

Beulah had a huge build up to the announcement of their construction partner for their $2 billion, twin-tower <a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK by Beulah</a> development back in August.

They chose&nbsp;<a href="/builders/multiplex">Multiplex</a> as the builder of the two intertwining towers which are set to become the tallest skyscrapers in the southern hemisphere upon completion in 2029.&nbsp;

The five-year construction timeline will commence in late 2023 or early 2024.&nbsp;

[smartcode_project:default project_id=8804 project_image_fid=221202]

With a height of 365 metres, Multiplex will bring to life Australia's first 5-minute vertical city, featuring two twisting towers, a world-class retail precinct, wellness facilities, a childcare centre, a Four Seasons Hotel, a cultural centre in partnership with Centre Pompidou, commercial office space, residential offerings, and the world's tallest vertical garden.&nbsp;

The project has already garnered significant attention with high-profile sales of its 691 apartments, including transactions ranging from $30 million to $38 million.

Read more: <a href="/news/vic/multiplex-to-build-2-billion-sth-bnk-by-beulah-towers">Multiplex to build $2 billion STH BNK By Beulah towers</a>

<h3>First look: South Yarra House apartments set to launch</h3>

Due to the scarcity of new development in Melbourne's sought-after South Yarra,&nbsp;<a href="/developers/wattletree-property-group">Wattletree</a> and Dorman Capital's release of&nbsp;<a href="/new-apartments/south-yarra-house-49-55-claremont-street-south-yarra">South Yarra House</a>, a $190 million project set on one of <a href="/developments/south-yarra-vic-3141">South Yarra</a>'s last remaining riverside sites, was a popular read.

The joint venture marks Wattletree's fifth project and its first collaboration with Dorman Capital. South Yarra House, now over 60 per cent sold, will feature around 60 apartments across 20 levels, with architecture firm SJB drawing inspiration from the simple, brutalist, art-deco architecture of New York. &nbsp;

[smartcode_project:default project_id=112970 project_image_fid=214722]

Initially intended for a commercial office project, the collaboration between Wattletree and Dorman Capital evolved into a residential development that addresses the growing market demand for quality owner-occupier and downsizer apartment products.&nbsp;

Read more: <a href="/news/vic/first-look-south-yarra-house-apartments-set-to-launch">First look: South Yarra House apartments set to launch</a>

<h3>STH BNK by Beulah breaks Melbourne apartment record</h3>

People always love reading about records being broken, and it was no different in 2023 when the aforementioned Beulah set the new Melbourne apartment record with a $38 million sale.

It topped the $35 million record, set in the same building in 2022.

The record sub-penthouse above level 75 offers a customisable floor plan, allowing the transcontinental business owner buyer to personalise the design to suit their lifestyle.&nbsp;

[smartcode_project:default project_id=8804 project_image_fid=221169]

The apartment, with its 360-degree city view, resort-style concierge services, and world-class amenities, is among the highest in Melbourne.&nbsp;

The project, achieving over $600 million in sales within four months, reflects the robust demand for luxury apartments near Melbourne's gardens and cultural landmarks and the convenience of hotel living.&nbsp;

Despite challenges in the market, the prestige sector remains active, attracting diverse buyers who value tailor-made configurations and services, such as Beulah's 'Tailored Living' option.&nbsp;

Read more: <a href="/news/vic/sth-bnk-by-beulah-breaks-melbourne-apartment-record-again">STH BNK by Beulah breaks Melbourne apartment record</a>

<h2>Andrews Labor Government to ramp up apartment approvals across Melbourne</h2>

In September it was announced the then Andrews Labor Government was working on reforms to clear&nbsp;the backlog of approvals and build more homes, faster.

Over the last year to September, the number of dwellings approved across the state fell by 26.1 per cent.

At a council level, there’s a backlog of around 1,400 planning permit applications for multi-unit housing that have been sitting with councils for more than six months waiting for a decision. Some 550 of those applications have been waiting for more than a year.

Of these, 78 projects have a development cost of more than $10 million – and would deliver around 4,900 new homes.

Premier Daniel Andrews said "building, buying, renovating or renting shouldn't be this hard."

"We need to build more homes, with the best design standards, where people want to live. And that means going up and out – not just out," Mr Andrews said.

Minister for Planning Sonya Kilkenny said&nbsp;Victorians deserve a planning system that works with them – not against them.

"It should be a clear, transparent and accountable system – because Victorians deserve to know who is planning our city and state.”

Read more:&nbsp;<a href="/news/vic/andrews-labor-government-to-ramp-up-apartment-approvals-across-melbourne">Andrews Labor Government to ramp up apartment approvals across Melbourne</a>

Urban's top five most read articles in Melbourne in 2023

<a href="/developers/aniko-group">Aniko Group</a>’s debut Chevron Island apartment development Orama has generated over $100 million worth of sales, prompting the builder developer's own construction arm to kick off the build.

The $135 million development with 102 apartments on Weemala Street has proven popular with local owner-occupiers and downsizers.

[smartcode_project:default project_id=111898 project_image_fid=209596]

The remaining two-bedroom apartments at Orama range from $995,000 to $1.45 million while the three-bedroom skyhomes, which start from $1,995,000, offer panoramic views over the central <a href="/new-apartments/gold-coast-qld">Gold Coast</a> skyline.&nbsp;

Sales Director of Aniko Group, Peter Malady says that Orama is a rare and incredibly attractive proposition for buyers in today’s off-the-plan property market, and its significant interest is a testament to this.&nbsp;

“Market demand in the prestigious precinct continues to be bolstered by local downsizers seeking a more maintenance-free lifestyle in a village community, with the majority of the purchases coming from locals from <a href="/new-apartments/chevron-island-qld-4217">Chevron Island</a>, or within a five-kilometre radius," Malady says.

“Our secondary largest buying demographic is lock up and leave holidaymakers from <a href="/new-apartments/sydney-nsw">Sydney</a> and <a href="/new-apartments/melbourne-vic">Melbourne</a>.”

Everything about Orama has been created with the intent to provide buyers with the best experience and amenities of any project on the market in the precinct.

“Orama will exude luxury, from the quality of each residence to the 550 sqm rooftop recreation area comprising of a gymnasium, pool, spa, residents lounge and a host of other amenities,” said Aniko Group Managing Director George Mastrocostas.

[smartcode_project:default project_id=111898 project_image_fid=209597]

“As we can see from our sales success, we have delivered a product that the local area has responded to well,” Mastrocostas said.

The developer is readying the first release of its <a href="/new-apartments/the-landmark-mermaid-beach-14-seaview-avenue-mermaid-beach-qld-4218">$2 billion The Landmark masterplanned precinct</a> at <a href="/new-apartments/mermaid-beach-qld-4218">Mermaid Beach</a>.

Read more:&nbsp;<a href="/news/qld/aniko-group-plot-launch-of-four-tower-mermaid-beach-development-the-landmark-after-council-approval">Aniko Group plot launch of four-tower Mermaid Beach development The Landmark after council approval</a>

[smartcode_project_cta:default project_id=111898]

Sales Director of Aniko Group, Peter Malady says that Orama is a rare and incredibly attractive proposition for buyers in today’s off the plan property market

Aniko secure over $100m in sales at Orama Chevron Island apartment development as construction kicks off

Last year the Queensland Government increased its support for first-home buyers in Queensland, doubling the First Home Owner Grant (FHOG) from $15,000 to $30,000 for eligible first home buyers.

The move saw Queensland FHOG became the highest first home owner grant in Australia.

The FHOG grant in Queensland however only applies to units less than $750,000.

The government estimates that this increase in the grant will assist around 12,000 buyers in acquiring their first homes by the time the boost expires on 30 June 2025.&nbsp;

We've looked at the best off the plan apartments in Queensland where first home buyers can secure the $30,000 FHOG.

<h2>Project: St Clair Birtinya</h2>

<h3>Price: Two-bedroom from $749,000</h3>

<h3>Developer: Habitat Development Group</h3>

<a href="/new-apartments/sunshine-coast-qld">Sunshine Coast</a> developer <a href="/developers/habitat-development-group">Habitat</a>'s recently launched St Clair in <a href="/new-apartments/birtinya-qld-4575">Birtinya</a> offers FHOG-eligible two-bedroom apartments starting at $749,900, with only limited units remaining for the 113 sqm two-bedder.&nbsp;

Designed by <a href="/architects/k-architecture">KArchitecture</a>, the $150 million development, on two side-by-side blocks on Waterfront Retreat, will comprise two eight-level residential towers with 200 two, three and four-bedroom apartments.

[smartcode_project:default project_id=108399 project_image_fid=230367]

There will be a maximum of 13 apartments on each level. Some of the large penthouse apartments will have over 50 sqm of outdoor space, while a handful of courtyard apartments will have around 90 metres of gardens.

Crowning St Clair is a communal rooftop terrace enveloped by lush subtropical landscaping with an outdoor kitchen and BBQ facilities. The rooftop deck faces Bokarina Beach towards the east, while the lounge overlooks the hinterland to the west.

A 25-metre resort-style lap pool is on the ground level, featuring a five-metre shallow wading entry adjacent to a BBQ pavilion. A residents' 16-seat dining room with a private outdoor terrace complements the pool for social gatherings.&nbsp;

[smartcode_project:default project_id=108399 project_image_fid=230359]

There's also a 1,000 sqm of exclusive resident parklands with barbecue facilities and a firepit area.&nbsp;

St Clair is in the heart of the Sunshine Coast's Health Precinct and less than a five-minute drive from Stockland Birtinya Shopping Centre and Bokarina Beach.&nbsp;

The development is under construction by <a href="/builders/habitat-construction-group">Habitat Construction Group</a>, with estimated completion in Q1 of 2026.

<h2>Project: Murcia Residences, East Brisbane</h2>

<h2>Price: One-bedroom apartments from $695,000</h2>

<h3>Developer: Sarazin</h3>

Prominent <a href="/new-apartments/woolloongabba-qld-4102">Woolloongabba</a> developer <a href="/developers/sarazin">Sarazin</a>'s <a href="/new-apartments/murcia-residences-east-brisbane-9-overend-street-east-brisbane">Murcia Residences</a> is offering one-bedroom apartments starting at $685,000, eligible for QLD's double FHOG scheme.

Located only 500m from the new Cross River Rail and 2032 Games precinct, the <a href="/architects/hal-architects">HAL Architects</a>-designed Murcia comprises 187 one, two, three and four-bedroom apartments, all designed to offer spacious and open-plan living.&nbsp;

The one-bedroom units feature large floor-to-ceiling glass windows and up to three metres of ceiling to allow plenty of natural light to flood in, combined with the generous proportions of the living spaces that extend to the balcony.

[smartcode_project:default project_id=135094 project_image_fid=241262]

The kitchens will be well-appointed with a choice of sophisticated Miele or ILVE kitchen appliances including an integrated dishwasher, oven and cooktop.

Crowning the development will be a suite of residential amenities, including an infinity pool, accompanied by private poolside cabanas and sun lounges.

Just steps away from the pool will lie the unique wellness centre, where residents can benefit from chilled and heated magnesium plunge pools, a steam room and a sauna, as well as alfresco private dining and barbecue facilities.&nbsp;

Completion of Murcia Residences is slated for March 2026.

<h2>Project: Andiamo Apartments, Hope Island</h2>

<h2>Prices: Two-bedroom apartment from $544,488</h2>

<h3>Developer: Robert Laybutt</h3>

Developer Robert Laybutt is offering some of the most affordable apartments on Hope Island at Andiamo Apartments.

They have two-bedroom apartments range between $544,488 and $700,816, before the $30,000 Government assistance.

[smartcode_project:default project_id=139743 project_image_fid=218960]

Andiamo had already been a hit with local first home buyers even before the increase in the QLD FHOG was announced.

Andiamo Apartments comprises 76 apartments centred around a resort-style pool on Broadwater Avenue.

First home buyers have also been attracted to the low body corp, just $70 a week, despite the swimming pool, barbecue area, multi-purpose room and access to lifts.

The top three off the plan apartments that trigger Queensland's new $30k first home buyer grant

Queensland's off the plan property market, dominated by Brisbane the Gold Coast, and the Sunshine Coast, was arguably the most talked about market in 2023 as development ahead of the 2032 Brisbane Summer Olympics continued to be the largest topic of conversation.

The Queensland Government also released their ShapingSEQ 2023, the longterm vision for South East Queensland and how they're going to build enough houses to meet increasing population growth.

We've wrapped up the top five most engaging articles on Apartments.com.au in Queensland in 2023.&nbsp;

<h3>The top 16 Gold Coast apartment developments launching in 2023</h3>

The year kicked off with a forward view as to what was looking at launching in 2023.

A number of the projects listed have been held back until 2024 as develops continue to monitor build costs.

Those that did make it into market, like <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">MRCB's Vista project in Surfers Paradise</a> and Aniko Group's <a href="/new-apartments/chevron-island-qld-4217">Chevron Island apartment development</a> <a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a>, have benefited from continued high demand for Gold Coast apartments, demand which is still far outstripping supply.

[smartcode_project:default project_id=112730 project_image_fid=211248]

A number of the projects listed, like <a href="/news/qld/gurner-to-push-on-with-burleigh-heads-after-green-light-from-council">Gurner's Burleigh Heads project</a> and <a href="/news/qld/first-look-siera-group-set-for-beachside-surfers-paradise-apartment-development-exhale-surfers-paradise">Siera's Enderley Avenue tower in Surfers</a>, are expected to hit the market in the first half of this year.

Read more: <a href="/news/qld/the-top-16-gold-coast-apartment-developments-launching-in-2023">The top 16 Gold Coast apartment developments launching in 2023</a>

<h3>First look exclusive: Meriton propose three-tower Surfers Paradise apartment development, Cypress.</h3>

<a href="/developers/meriton">Meriton</a>&nbsp;always draws eyeballs whenever they file apartment plans, particularly on the Gold Coast.

Harry Triguboff's apartment giant is set to expand its presence further in <a href="/developments/surfers-paradise-qld-4217">Surfers Paradise</a>, lodgining&nbsp;plans for a three-tower development known as&nbsp;<a href="/new-apartments/cypress-palms-surfers-paradise-3346-surfers-paradise-boulevarde-surfers-paradise">Cypress</a>, adding 1,000 apartments to the skyline.&nbsp;

The&nbsp;<a href="/architects/dbi">DBI</a>-designed Cypress will consist of 73 and 80-level towers housing 994 apartments, with an additional 327 serviced apartments in a 53-level tower, each featuring rooftop gardens with pools and gym spaces.&nbsp;

<img alt="Urban's top five most read in 2023 in QLD" data-entity-type="file" data-entity-uuid="ed35c3c9-07a7-43b3-bb26-470a7699c65e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20proposed%20podium%20of%20Cypress.%20Image%20credit%20DBI.png?VersionId=49BsOVkxGnQ_CXbuL7jfaRHyi9S2jCbG" />

The Cypress project holds sentimental value for Triguboff, marking a significant addition to his longstanding contributions to the Gold Coast skyline over six decades.

This development is Triguboff's 21st high-rise on the Gold Coast and will be near <a href="/developers/gurner">GURNER</a>'s <a href="/new-apartments/aquia-la-pelago-108-ferny-avenue-surfers-paradise">La Pelago</a> and <a href="/developers/spg-land">SPG</a>'s <a href="/new-apartments/paradiso-place-surfers-paradise-103-ferny-avenue-surfers-paradise-qld-4217">Paradiso Place</a>.

Read more: <a href="/news/qld/first-look-exclusive-meriton-propose-three-tower-surfers-paradise-apartment-development-cypress">First look exclusive: Meriton propose three-tower Surfers Paradise apartment development, Cypress</a>

<h3>First look exclusive: Frasers plans revealed for Keperra Quarry site</h3>

In April national developer&nbsp;<a href="/developers/frasers-property">Frasers</a>&nbsp;unveiled plans for the former Keperra Quarry in <a href="/developments/brisbane-qld">Brisbane</a>'s north-west, outlining two residential precincts, a sports and recreational precinct, and a conservation zone.&nbsp;

<a href="/architects/rothelowman">Rothelowman</a>'s designs for the first precinct feature 91 townhouses spread across 5,043 sqm of the overall 18.9-hectare residential site.&nbsp;

<img alt="Urban's top five most read in 2023 in QLD" data-entity-type="file" data-entity-uuid="400721f3-ed95-4b3d-a926-6dd8c230f3ed" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20proposed%20plans%20for%20the%20townhouses.%20Image%20credit%20Rothelowman.png?VersionId=99b0EzjWHx0FObRLL1IM5rgn9R5bMFJQ" />

The townhouses will feature a mix of three or four bedrooms across two or three levels, with a minimum gross floor area of 140 sqm and a dedicated private open space of 35 sqm.&nbsp;

Extensive facilities, including two swimming pools, a recreation centre, and a gym, are planned for the first precinct.

Read more: <a href="/news/qld/first-look-exclusive-frasers-plans-revealed-for-keperra-quarry-site">First look exclusive: Frasers plans revealed for Keperra Quarry site</a>

<h3>Inside look: Residential opportunity at new $500 million Marina Mirage, Main Beach redevelopment</h3>

We released the first look at the new $500 milllon Marina Mirage, <a href="/developments/main-beach-qld-4217">Main Beach</a> redevelopment <a href="/news/qld/inside-look-residential-opportunity-at-new-500-million-marina-mirage-main-beach-redevelopment">back in February</a>.

South Australian shopping centre tycoon Con Makris revealed plans&nbsp;by Melbourne architect <a href="/architects/fraser-partners-0">Elenberg Fraser</a>&nbsp;for&nbsp;a new retail and dining precinct, a 110-room hotel, 44 apartments, and 46 villas.&nbsp;

<img alt="Urban's top five most read in 2023 in QLD" data-entity-type="file" data-entity-uuid="60b572a0-9932-4df0-943d-16ce8b583b9d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Marina%20Mirage.png?VersionId=0JVDX4MIBBdy3EyXdc2eJr2R2csMizCc" />

The development aims to attract affluent buyers, retirees, and families seeking beach leisure, fine dining, and cultural exploration.

Read more: <a href="/news/qld/inside-look-residential-opportunity-at-new-500-million-marina-mirage-main-beach-redevelopment">Inside look: Residential opportunity at new $500 million Marina Mirage, Main Beach redevelopment</a>

<h3>The top 12 developers to watch out for on the Gold Coast in 2024</h3>

One of the most popular articles was sent at the end of last year, looking forward to 2024 and reviewing which developers are likely to be the most active this year.

Sales momentum gathered at a strong rate toward the end of 2023, which will have had developers licking their lips and doing what they can to get their projects in market.&nbsp;

There were 400 apartments sold in Q3 2023 across prominent areas like <a href="/developments/broadbeach-qld-4218">Broadbeach</a>, Main Beach, and Surfers Paradise.

Developers like Siera, who will have three projects in market when they launched in Surfers, Lewis Land, who are set to launch their <a href="/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters">$1.5 billion Harbour Shores development</a> in <a href="/new-apartments/biggera-waters-qld-4216">Biggera Waters</a>, made the list.

Read more: <a href="/news/qld/the-top-12-developers-to-watch-out-for-on-the-gold-coast-in-2024">The top 12 developers to watch out for on the Gold Coast in 2024</a>

Urban's top five most read articles in Queensland in 2023

Brisbane developer Pyco Group is expanding its footprint in South East Queensland, and it's doing so in one of the region's best locations.

<a href="/developers/pyco-group">Pyco</a>, led by Lachlan Cottee, is set to transform a prime corner block just one row back from the Kirra Beach into a 14-level tower with 97 apartments dubbed <a href="/new-apartments/onde-kirra-10-churchill-street-coolangatta">Onde Kirra</a>.

The owner-occupier-focused developer, who is currently developing&nbsp;<a href="/new-apartments/atelier-110-vulture-street-west-end">Atelier</a> in <a href="/developments/west-end-qld-4101">West End</a> and <a href="/new-apartments/nouveau-albion-8-16-anstey-street-albion">Nouveau</a> in <a href="/developments/albion-qld-4010">Albion</a>, is creating some of the largest apartments in the neighbourhood. Of the 97 apartments proposed, 79 are three bed, while the other 18 have two bedrooms.

<img alt="PYco" data-entity-type="file" data-entity-uuid="cdb9b975-4e24-4128-883d-b4d41b50a9e6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-19%20at%2012.07.49%20pm.png?VersionId=XY39wNeKPRZvi4xH7UHBzyr8J1Rq6trJ" />

Pyco has amalgamated four sites,&nbsp;10 and 12 Churchill Street, 17 Miles Street and 51 Winston Street, to create the 2,044 sqm site for the project, dubbed in the planning application "Kirra Beach Residences".

Architecture firm DAHA said in their design statement submitted with the application to the Gold Coast City Council that their approach creates a space that complements the natural beauty of the Gold Coast landscape whilst elevating the experience of beachside living.

"Taking cues from the vibrant local context of Kirra and Coolangatta,&nbsp;our&nbsp;design&nbsp;boasts&nbsp;a&nbsp;harmonious fusion of local colour schemes, material paleƩes,&nbsp;and&nbsp;lush&nbsp;landscaping&nbsp;that&nbsp;seamlessly&nbsp;blurs&nbsp;the boundary between architecture and natural environment.

"Stepped facades, meticulously&nbsp;crafted&nbsp;to&nbsp;ensure&nbsp;equal&nbsp;light,&nbsp;refreshing&nbsp;breezes,&nbsp;and&nbsp;breathtaking views for each apartment, epitomize a thoughtful&nbsp;approach&nbsp;to&nbsp;elevated&nbsp;coastal&nbsp;living,&nbsp;creating&nbsp;an oasis of comfort."

<img alt="Pyco" data-entity-type="file" data-entity-uuid="ab84fb7e-de1b-4892-80b7-c50ee5270c05" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-19%20at%2012.10.05%20pm.png?VersionId=urZykZlYltqZXmU4oe.ogh_w7IcJAV0x" />

The three-bedroom apartment sizes start from 113 sqm.

The resident amenity on the ground floor, set back from the street and elevated, includes a swimming pool, gym, sauna, resident work from home office space, and a media room.

The site is currently occupied by two houses, two low-rise blocks with four units in each, and two small-scale commercial tenancies. Two years ago approval was given on the Churchill St sites for a nine-level, 40-unit building.

<img alt="Pyco" data-entity-type="file" data-entity-uuid="8ffdeac8-cf53-4c68-a79c-0ce64e874d7a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-19%20at%2012.10.15%20pm.png?VersionId=ykN0nU0G30xmTUpDQdRkwxo0lDG_AhjS" />

The Town Planning Report by Mewing Planning Consultants said the height of the proposed building height complies with the Strategic Framework provisions that enables up to 50 per cent additional height above the acceptable outcome.

"The building height is consistent with the established and new developments in the locality," the report noted.

The <a href="/developments/coolangatta-qld-4225">Coolangatta</a> neighbourhood, Kirra in particular, has seen a wave of off the plan interest in the last few years, with the likes of Hirsch &amp; Faigen's Emerson Kirra, Awaken and Esprit by S&amp;S Projects, and Rhythm Kirra Hill by Immerse Projects.

Pyco's new project bridges the affordability gap and will bring something different to the surf mecca. Pyco is also preparing a project in Sydney's Freshwater.

First look exclusive: Coolangatta's newest apartment tower plans revealed

<a href="/developers/greenland-australia">Greenland Australia</a>&nbsp;has said it has been fully cooperative with the Building Commission NSW following their decision to serve them with a Draft Work Rectification Order at its North Ryde apartment development,&nbsp;<a href="/buildings/nbh-at-lachlan-s-line-25-27-epping-road-macquarie-park">NBH</a>.

There are six buildings in the NBH Lachlan's Line complex, which were completed in 2020 by GN Residential Construction Pty Ltd. There's over 880 apartments in the buildings.

"Greenland can confirm it received a Draft Work Rectification Order (Draft BWRO) from the Building Commission NSW (the Commission), at the end of October 2023, to which it promptly responded. Greenland has been fully cooperating with the Commission following the issue of the Draft BWRO," a statement from Greenland read.

"Greenland engaged multiple suitably qualified engineering consultants to undertake investigations in accordance with the requests of the Commission, within the Draft BWRO. Their initial investigations have identified the BWRO issues are localised in the lower car park levels only and that there is no risk of collapse of the building’s towers. There is no serious damage or serious structural defects at the project, as some media outlets have claimed."

[smartcode_project:default project_id=5788 project_image_fid=95907]

Greenland says since then they have undertaken additional investigations.

"Recommendations were made by the external engineering consultants to undertake localised repairs, to ensure the long-term durability and structural integrity of building’s concrete slabs and joints, as identified in the Draft BWRO.

"Greenland has been following all directions made by the Commission and its specialist consultants and remains fully committed to working closely with the Commission to satisfactorily resolve the situation."

Greenland has confirmed that no other buildings that it has developed are impacted by this issue.

&nbsp;

Greenland has confirmed that no other buildings that it has developed are impacted by this issue

Greenland "fully cooperative" with Building Commission investigation into North Ryde project NBH Lachlan's Line

Prolific Wollongong builder developer Level 33 is close to unveiling its next project.

Level 33, headed by&nbsp;longtime developer Eddy Haddad, will soon launch Easterly Wollongong, one of their most boutique projects they've undertaken in the area.

<a href="/new-apartments/easterly-wollongong-13-crown-street-wollongong">Easterly Wollongong</a> will comprise just 21 apartments across 14 levels at&nbsp;at 13 Crown Street, just the other side of Harbour Street from WIN Stadium.

The apartments will sit above a two-level podium and two ground floor retail spaces, one fronting Crown Street and the other on Harbour Street.

There will be 10 two-bedroom apartments and 11 three-bedroom units, as the developer mixes up their portfolio.

Level 33 is one of the biggest names in apartment development in the <a href="/new-apartments/wollongong-nsw-2500">Wollongong</a> district. They're the brains behind the Skye Tower on Railway Parade. Their most recent project was further north toward <a href="/new-apartments/sydney-nsw">Sydney</a> in <a href="/new-apartments/kogarah-nsw-2217">Kogarah</a>, where in 2021 they completed Kogarah Central.

They also have <a href="/news/nsw/level-33-file-plans-for-mixed-use-wollongong-development">another project on Wollongong's Crown Street</a>, near the train station on the corner of Gladstone Avenue,&nbsp;which they'll also be expecting to launch this year.

The two 19-level apartment towers on an amalgamated 6,514 sqm will have 262 apartments designed by BKA Architecture, located above a five-level podium with 1,200 sqm of retail and office space.

Read more:&nbsp;<a href="/news/nsw/north-wollongong-the-coastal-cool-on-the-fringe-of-the-city">North Wollongong: The coastal cool on the fringe of the city</a>

Level 33 have two projects on Crown Street they'll be expecting to launch this year

Level 33 to unveil next Wollongong apartment development, Easterly Wollongong

Hirsch &amp; Faigen are fast approaching sell out of their third Gold Coast apartment development, <a href="/new-apartments/yves-mermaid-beach-7-9-mermaid-avenue-mermaid-beach">Yves Mermaid Beach</a>.

Just two two-bedroom apartments remain in the <a href="/new-apartments/mermaid-beach-qld-4218">Mermaid Avenue development</a>, after the penthouse and sub penthouse sold for $6 million and $5 million a piece over the Christmas period.

Both were snapped up by locals, Hirsch &amp; Faigen's Sales Director Matt George says. Local demand has been a consistent theme over the last 12 months, according to George.

[smartcode_project:default project_id=102451 project_image_fid=186077]

Completion of the 146 Rothelowman-designed apartments is slated for later this year, with tier one builder Hutchies handling the construction.

The final four-bedroom sub-penthouse which fetched $5 million features open-plan living areas and spacious balconies overlooking the Pacific Ocean. A Melbourne investor purchased the other sub-penthouse last year.

[smartcode_project:default project_id=102451 project_image_fid=186081]

The $6 million penthouse has its own private terrace and 335 sqm of interior living space. It has four bedrooms, a study, four and a half baths, and three car spaces. It offers a sought-after northeast view of the Pacific Ocean and the Gold Coast city skyline.&nbsp;

The resident amenity in Yves include a&nbsp;state-of-the-art gym with a sauna, and a pool.

The two remaining apartments at Yves, both with two bedrooms, start from $1.25 million.

[smartcode_project:default project_id=102451 project_image_fid=186085]

&nbsp;

Matt George says there's been more enquiry in 2023 than there was in 2022, which is a promising sign for the Gold Coast apartment market.

George still has the final piece of the puzzle at Hirsch &amp; Faigen's <a href="/buildings/emerson-kirra-100-musgrave-street-coolangatta">Emerson Kirra</a> development, the $10 million penthouse, to sell before calling that a sell out. There's a few interstate parties interested.

The Melbourne developer's first <a href="/new-apartments/gold-coast-qld">Gold Coast apartment development</a>, Hemingway at <a href="/new-apartments/palm-beach-qld-4221">Palm Beach</a>, recently settled with a 100% settlement rate.

[smartcode_project_cta:default project_id=102451]

Completion of the 146 Rothelowman-designed apartments is slated for later this year, with tier one builder Hutchies handling the construction

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