<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?

Since launching the redevelopment of Moonee Valley Park back in 2019, Melbourne developer Hamton has continued to transform the racecourse surroundings into a $2 billion masterplan.

With everything going on at Moonee Valley Park in <a href="/new-apartments/moonee-ponds-vic-3039">Moonee Ponds</a>, Apartments.com.au CEO Mike Bird sat down with Hamton Managing Director Matt Malseed to discuss the development.

<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/PElObglwXRc?si=Wt4gK08_CO3PXLaH" title="YouTube video player" width="560"></iframe>

Builder ICON recently kicked off construction of the latest stage of Moonee Valley Park, <a href="/new-apartments/trackside-house-moonee-ponds-moonee-valley-racecourse-moonee-ponds">Trackside House</a>, the first building in the precinct that overlooks the track back to the city. It will also have the only units that will overlook the finishing straight.

Malseed says one of the unique features of the masterplan is that all of the buildings are spread out.&nbsp;

"It isn't just one good side and one not so good side, there's incredible aspects all around our botanical park. The vision for the precinct is for a neighbourhood within a botanical park."

[smartcode_project:default project_id=105114 project_image_fid=210517]&nbsp;

<a href="/new-apartments/trackside-house-moonee-ponds-moonee-valley-racecourse-moonee-ponds">Trackside House</a> will comprise just over 200 apartments across 11 levels.&nbsp;

Also under construction is <a href="/new-apartments/stonepine-house-at-moonee-valley-park-kenna-street-moonee-ponds">Stonepine House</a>, that includes&nbsp;119 one, two and three-bedroom units.

Both buildings will have extensive resident amenity like a rooftop pool, hobby room, state of the art gym, and private dining areas which are bookable by the resident app.

[smartcode_project:default project_id=110367 project_image_fid=199239]

<a data-saferedirecturl="https://www.google.com/url?q=https://www.urban.com.au/developers/hamton&amp;source=gmail&amp;ust=1705021977799000&amp;usg=AOvVaw0E_KxTvB4sh4R5VDysaj1S" href="/developers/hamton" target="_blank">Hamton</a>&nbsp;has worked with&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://www.urban.com.au/architects/rothelowman&amp;source=gmail&amp;ust=1705021977799000&amp;usg=AOvVaw0Of0cUOZCUhZcA2AbzprPG" href="/architects/rothelowman" target="_blank">Rothelowman</a>&nbsp;for completed residential stages in the project. They're also working on Trackside and Stonepine House.

Cera Stribley has put plans together for the next stage of the precinct, which will be home a further 442 apartments to the growing community.

[smartcode_project_cta:default project_id=110367]

Since its launch in 2019, Hamton, a prominent Melbourne developer, has been steadily shaping the $2 billion masterplan of Moonee Valley Park. In a recent interview with Hamton's Managing Director, Matt Malseed, Urban.com.au CEO Mike Bird explores key insights for potential buyers.

Michael Bird

Everything a buyer needs to know about Moonee Valley Park: Five minutes with Hamton's Matt Malseed

Sydney builder developer Luxcon Group's debut <a href="/developments/gold-coast-qld">Gold Coast apartment development</a>, Escape, is set to begin its construction phase after securing $75 million worth of sales in the Garfield Terrace, <a href="/developments/surfers-paradise-qld-4217">Surfers Paradise</a>&nbsp;building.

The $250 million <a href="/new-apartments/escape-surfers-paradise-63-garfield-terrace-surfers-paradise">Escape</a> comprises 31 full-floor private residences and two double-level penthouses. Nine apartments have sold so far, predominantly to Gold Coast locals.

The apartments, priced from $6.45 million, each have 360-degree views of Gold Coast’s famous shoreline and its beaches, as well as the hinterland.

[smartcode_project:default project_id=113448 project_image_fid=221791]

Project sales and marketing agency TOTAL Property Group saying the sales, secured before the display gallery was opened, demonstrated the “unprecedented” high demand for ultra-premium apartments in Gold Coast’s most desirable beachfront location.&nbsp;

TOTAL Property Group Managing Director Adrian Parsons says demand for Escape’s elite full-floor sky home apartments can be attributed to the absolute beachfront location, the quality of the architectural and interior design and confidence in the builder developer's reputation for the impeccable level of attention taken to deliver some of Australia’s most prestigious private apartment residences.

“Luxcon is a vertically integrated builder developer with a strong reputation for successfully delivering ultra-luxury residential projects in some of Australia’s most highly desirable and exclusive locations,” Parsons said.

“They have an impressive portfolio of award-winning high-end developments in Sydney and Melbourne’s exclusive residential areas and this gives prestige property purchasers a great deal of confidence when buying off the plan.

“Being an award-winning builder-developer that specialises in the construction and delivery of exclusive ultra-luxury residential projects, we expect apartment sales to increase when construction begins.

“The opportunity to develop a premium absolute beachfront site and an unprecedented demand for this type of luxury on the Gold Coast motivated Luxcon Group to create a premium apartment development and offer two different floor plans that meet the unique needs and wants of prestige property purchasers."

[smartcode_project:default project_id=113448 project_image_fid=221792]

Buyers of the full-floor sky homes, designed by PBD Architecture with interiors by Coco Republic, have the option of two floorplan configurations that include one with a master bedroom on the beachfront for people who want to wake up and look at the ocean and the second floorplan for people who want to maximise their living and entertaining spaces looking out to the beach and ocean. The floorplans range from 311 sqm to 293 sqm.

Exclusive residents’ amenities include a beachfront pool, outdoor lounge and cabanas, surfboard storage, oceanfront business centre with boardroom facilities, private fitness centre, and sauna and steam room.

[smartcode_project:default project_id=113448 project_image_fid=221790]

Parsons says the&nbsp;architectural design and two whole floors of extensive five-star amenities have been extremely favourable with apartment buyers.

<a href="/developers/luxcon-group">Luxcon Group’s </a>Founder and Managing Director Ilya Melnikoff said it was encouraging to see early market acceptance for the Group’s first Gold Coast development of five-star private sky home residences at Escape.

“Working with PBD Architecture, Coco Republic and TOTAL Property Group in planning Escape, the focus was to create a point of difference in the beachfront apartment living with Australia’s natural coastal beauty and complement the unique cosmopolitan style of the Gold Coast,” Melnikoff said.

“Our vision for Escape is to offer beachfront residences characterised by unparalleled style and quality.

"We are thrilled by the incredibly positive reception, particularly from local buyers who are demonstrating strong confidence in the development. As the builder and developer responsible for delivering this project, we will ensure the building will be delivered to the same ethos as we show in all of our marketing and past projects and philosophy that will follow throughout our project.”

[smartcode_project_cta:default project_id=113448]

Adrian Parsons says the architectural design and two whole floors of extensive five-star amenities have been extremely favourable with apartment buyers.

Luxcon to commence construction on Escape, Surfers Paradise apartments after first release sellout

Veteran Brisbane developer <a href="/developers/stockwell">Stockwell</a> is continuing to expand its Fish Lane residential portfolio.

Their latest step in development surrounding the sought-after pocket toward the northern end of South Brisbane is a 30-level tower at <a href="/new-apartments/175-melbourne-street-south-brisbane">175 Melbourne Street</a>, South Brisbane, a 1,40 sqm site on the corner of Melbourne Street and Edmondstone Street. The site is next door to The Standard by ARIA Property Group, the developer of Fish Lane's buzzing retail and dining strip.

Stockwell, the family-run developer who has been developing in Brisbane since the early 1950s, is producing a heavily-targeted owner-occupier tower, with the majority of the 130 apartments four and five-bed. They're proposing just 27 two-beds and 25 three-beds, some 52 four-bedroom apartments, and 26 five-bedroom apartments.

The apartments will sit above a three-level parking podium and a ground level commercial tenancy, while resident amenity is provided in the form of a rooftop garden with a 17-metre swimming pool and spa, a function room with an outdoor terrace, a gym, yoga lawn and dog park. There will be 240 parking spaces and 164 bicycle spaces.

Stockwell will be delivering the project in two stages, the first being the basement, podium, and tower up to level 20, and the second stages level 21 to 30.

<img alt="Stockwell" data-entity-type="file" data-entity-uuid="d6ca72ac-bdeb-4565-8310-517046e43164" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-05%20at%201.56.55%20pm.png?VersionId=rZ06E5KS5q41KGsSWy744by6KlYWmKf8" />

Architecture firm MODE said in their design statement that the&nbsp;design has been developed to provide a high-quality building with extensive landscaping and materiality to further enhance Melbourne Street as a sub-tropical boulevard.

"The front edge of the building is landscaped with large deep planters to soften this edge and contribute to the sub-tropical nature of Melbourne Street," the report read.

They said the design of the streetscape has many opportunities for the display of public art.

"The lobby and tenancy raised to the required flood level, gives the opportunity to introduce a prominent grand entry staircase and ramp integrated with extensive landscaping. Large glazed facades are featured on the entry lobby and tenancy to facilitate street activation and casual surveillance."

Mode said the&nbsp;existing seats, artwork and planting on Melbourne Street will be retained and create a dialogue with the new entry steps.

The podium façade is clad in a brick skin and brick fins in reference to the local context and identity of South Brisbane, a material&nbsp;featured along Melbourne St and Fish Ln on both historic and new buildings including Stockwell's under construction apartment developments Croft on Fish Lane and Cremorne on Fish Lane.

<img alt="Stockwell" data-entity-type="file" data-entity-uuid="3acab36d-6b9b-4d18-b8e5-a5d487b4a810" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-05%20at%202.02.46%20pm.png?VersionId=1YrEmL.LJXruJsK.Tt01PJupuKQnaDmF" />

Stockwell, led by managing director Mark Stockwell, has a number of projects in development across Brisbane.

Their most impressive is Stones Corner Village, where they're intending to redevelop their current retail and dining precinct just off Hanlon Park.

They've proposed a new mixed-used precinct at 405 Logan Road, which will incorporate 209 apartments across two towers, dubbed Logan and Cleveland, which will sit above 3,000 sqm of retail.

Read more:&nbsp;<a href="/news/qld/first-look-stockwell-plot-stones-corner-village-redevelopment">First look: Stockwell plot Stones Corner Village redevelopment</a>

Stockwell has owned the 5,709 sqm site since 2006, which currently homes 20 retailers and is anchored by an Aldi. Over 500 new car parking spaces will be provided, and 252 bicycle spaces.

Stockwell also has a&nbsp;build to rent project in West End at 399 Montague Road, a few doors down from <a href="/news/qld/first-look-mcnab-file-for-montague-street-west-end-apartment-development">McNab''s recently filed plans for the redevelopment of the former Dixon's Tannery</a>.

Stockwell, led by managing director Mark Stockwell, has a number of projects in development across Brisbane

First look: Stockwell to pad out Fish Lane precinct with more apartments

Given the further interest rate rises in 2023, it was no surprise to anyone that the dominant buyer demographic in the off the plan property market was downsizer.

Not subject to large mortgages given they're selling their longtime family home and looking for something smaller, downsizers are the only buyer camp who doesn't tend to need to look at what moves the RBA are making each month.

It's particularly the case in Sydney where the price of houses has skyrocketed more than any other capital over the last two to three decades. That's put an astronomical amount of money in their pockets which they'd struggle to spend even downsizing to the most luxurious apartment.

We've looked at our data to see which were the most popular suburbs for downsizers on Urban in 2023.

<h2>Castle Hill</h2>

Situated in Sydney's northwest, Castle Hill has emerged as a top pick for both rightsizers and downsizers. The area is being given a facelift with the $1 billion Metro Showground redevelopment and the introduction of the new Sydney Metro, connecting residents to the city in as little as half an hour.

Popular with downsizers who were both buying the penthouse size apartments as well as amalgamating is Grand Reve, the Garthowen Crescent development by luxury home builder turned developer Kassis Homes.

Billed as the most prestigious development in the Hills area, Grand Reve comprises to buildings – one 12 storeys and the other 16 storeys. Kassis were clever in the design phase, developing floorplate which lent themselves to apartment amalgamations should the question be posed.

[smartcode_project:default project_id=94147 project_image_fid=197727]

McGrath Projects Associate Director Adam Sparkes said the majority of the purchasers throughout the whole campaign have been downsizers and rightsizers.

Hills District local Lillian took just a month to decide Grand Reve was where she wanted to downsize to.

"At Grand Reve, I feel as though I’m in a leafy, quiet family suburb but also incredibly close to a mega shopping centre with good retailers, entertainment and restaurants," Lillian says, adding that the metro also being close by is "win-win".

[smartcode_project:default project_id=94147 project_image_fid=197721]

Lillian purchased a three-bedroom apartment, emphasising that the sunshine aspect and the view from the apartment were important features for her.

"Grand Reve has quality, good design and size, and the location is excellent.

"Functionality and design are both important and foremost in my thoughts, being middle-aged, well versed in life experiences, busy and ready for refinement and minimal fuss."

<h2>North Sydney</h2>

Known for its vibrant atmosphere and strategic location, North Sydney remains one of the top favourites for downsizers looking to maintain an urban connection amidst picturesque parks and cultural attractions.

Aura by Aqualand in North Sydney has become the preferred choice for downsizers as the development checks all the essential boxes.

[smartcode_project:default project_id=30959 project_image_fid=202656]

First and foremost, the size and aspects of the apartments at AURA align with the downsizer brief. AURA's oversized apartments exceed the North Sydney Council's minimum building requirements by a large margin.&nbsp;

The standard size for a two-bedroom apartment in the area is 80 sqm, with AURA’s measuring 95 sqm, plus a wintergarden, making them well over 100 sqm in total.

AURA’s design was revised three times to increase the size of the apartments, with the initial plan decreasing from 448 residences to 386.

[smartcode_project:default project_id=30959 project_image_fid=202994]

The location of Aura in North Sydney has been an important driver in purchasers. Being situated in the heart of the city's activities, the development places downsizers amid the happenings.&nbsp;

The convenience of ground-level amenities, including retail and commercial options right at the doorstep, adds a layer of accessibility and ease to daily life.&nbsp;

Additionally, local amenities, such as nearby hospitality establishments, further enhance the appeal. Meanwhile, surrounding transportation hubs ensure downsizers remain well-connected to the broader urban landscape.

[smartcode_project:default project_id=30959 project_image_fid=241200]

<h2>Gosford</h2>

Gosford has long been known as the gateway to the Central Coast. Now it's undergoing a full transformation and is becoming a sought-after suburb in its own right.

Taking advantage of the demand in Gosford is&nbsp;TQM and Ace Property Group, who are joint venture partners on what will soon be one of the area's most striking buildings, The Grand Gosford. The project has proven popular with Central Coast locals who want to sell their family home yet move somewhere where there's a significant lifestyle precinct.

[smartcode_project:default project_id=22753 project_image_fid=210675]

The 18-level tower designed by Kann Finch comprises one, two, and three-bedroom apartments with floor-to-ceiling glass windows, providing panoramic views of the water or the broader Central Coast district. The apartments sit above a podium level which homes a glass-bottomed swimming pool set in&nbsp;extensive landscaping with lounge and dining areas.

[smartcode_project:default project_id=22753 project_image_fid=210684]

Situated towards the southern end of Mann Street, The Grand enjoys convenient Central Coast Highway access and is within 700 metres of Gosford Train Station. This accessibility facilitates an easy commute to the city and exploration of nearby beaches, forest reserves, and beachfront national parks. The project is slated for completion in late 2025.

[smartcode_project:default project_id=22753 project_image_fid=210688]

Gosford's strategic location and connectivity via the Sydney Olympic Park Ferry make it an enticing choice for those seeking a vibrant yet relaxed lifestyle.

<h2>Bondi Junction</h2>

Bondi Junction has been starved of quality downsizer stock to cater for those looking for the connected lifestyle in the Eastern Suburbs. No other eastern suburb is as well connected by transport, with extensive retail and hospitality amenity, as Bondi Junction.

For those reasons, as well as developer Stargate's history in the suburb and the striking designs of SJB, that The Centennial Collection has been a hit with downsizers.

[smartcode_project:default project_id=136076 project_image_fid=212615]

Ray White have been handling the sales of the project on the fringe of Centennial Park, with projects partner Marcello Bo saying he's never seen so much appetite for customisation from downsizers.

Most downsizers have come from the local area, but there's been a number from the North Shore who have seen The Centennial Collection as the best opportunity to buy this level of luxury on the fringe of Sydney's best park.

[smartcode_project:default project_id=136076 project_image_fid=212620]

Positioned on one of the highest points in the eastern suburbs, Centennial Collection features 70 one, two, three and four-bedroom apartments with wrap-around balconies capturing panoramic views of the harbour, city skyline, and Centennial Park.&nbsp;

Described as a "castle high on the hill," The Centennial Collection sets a new benchmark for luxurious interiors and amenities, including two house-sized penthouses with rooftop swimming pools and terraces.

[smartcode_project:default project_id=136076 project_image_fid=212622]

The development's iconic gateway location overlooking Centennial Park and proximity to Woollahra's Queen Street offers an enviable lifestyle with access to hatted restaurants, wine bars, shopping, and schools.&nbsp;The project includes curated ground-level retail, creating a vibrant village setting adding to what Bondi Junction already offers.

Construction for The Centennial Collection is set for completion by the end of 2025.&nbsp;

Downsizers have been looking all over Sydney to find their next home

Sydney's top four suburbs for downsizers in 2023

Developer Legacy Property has teamed up with the Illawarra Coke Company to create The Works, a new community in Corrimal north of <a href="/new-apartments/wollongong-nsw-2500">Wollongong</a>, following the rezoning of just over 18-hectares of land formerly occupied by the Corel Coke Works on Railway Street.

Sales will launch this year for the new community, which will comprise of multiple&nbsp;low to mid-rise apartment buildings and townhouses, with a mix of one to four-bedroom dwellings on offer and some with&nbsp;scenic views of the escarpment.

<a href="/new-apartments/the-works-stage-one-27-railway-street-corrimal">The Works</a> aims to establish a vibrant focal point within a connected, walkable neighbourhood between the coast and the escarpment.

The unique location will be transformed into a residential community comprising around 550 dwellings, new parks, and a heritage precinct celebrating the site's history. The <a href="/new-apartments/the-works-stage-one-27-railway-street-corrimal">first stage</a> will see 181 apartments released.

<img alt="The Works Corrimal" data-entity-type="file" data-entity-uuid="e979e74e-d983-4ae4-afc5-095b9591c8d8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-05%20at%2012.23.26%20pm.png?VersionId=d4pTqlKoGL_O5fTv30_sU8Lp7UAY.pWQ" />

With a commitment to affordable housing, <a href="/new-apartments/the-works-stage-one-27-railway-street-corrimal">The Works</a> includes 35 affordable dwellings in the overall master plan approval.

Valued at $600 million, <a href="/new-apartments/the-works-stage-one-27-railway-street-corrimal">The Works </a>incorporates the adaptive reuse of significant heritage elements from the Coke Works, such as the iconic 1912 brick chimney, part of the original C1 Coke oven battery, as well as the former powerhouse building.

Legacy Property engaged with the local Corrimal community through a Community Consultation session last November, allowing residents to pose questions and gain insights into the demolition process and the planned reuse of heritage items.

<a href="/new-apartments/the-works-stage-one-27-railway-street-corrimal">The Works</a> is expected to be <a href="/new-apartments/wollongong-nsw-2500">Wollongong's</a> first&nbsp;5-Star Green Star-rated community, with sustainability a key focus in the design, construction and operation of the project.

<a href="/new-apartments/the-works-stage-one-27-railway-street-corrimal">The Works Corrimal</a> emphasises the reuse of original materials and responsibly sourced new materials, aiming to reduce construction and demolition waste to landfills by at least 80 per cent.&nbsp;

The creek riparian zone will be restored with 150,000 native plantings, promoting biodiversity and creating a landscape buffer for visiting flying foxes.&nbsp;Water-sensitive urban design will also ensure that every drop of water is left in a better state.

<a href="/new-apartments/the-works-stage-one-27-railway-street-corrimal">The Works</a> plans to integrate these sustainable and rehabilitation efforts with new green open spaces, community gardens, and recreational facilities supporting a healthy, active lifestyle.&nbsp;

<img alt="The Works Corrimal" data-entity-type="file" data-entity-uuid="90aa5648-59dd-4d81-83c1-7c28212d8ebd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-05%20at%2012.22.53%20pm.png?VersionId=d7xv.yJJiP1wBmNxtbOM8Gkq8yWiEx4N" />

The Southern Park and riparian corridor, spanning over seven hectares, will feature a nature play area for children, a half basketball court, a multipurpose fenced area, and community gardens.&nbsp;<a href="/new-apartments/the-works-stage-one-27-railway-street-corrimal">The Works</a> will also offer active transport links, a dog park, a heritage plaza, neighbourhood shops, and a proposed childcare centre.

Conveniently located near Corrimal Town Centre and within walking distance of the coastline, the precinct encompasses Corrimal Station, ensuring excellent connectivity to the Sydney CBD via rail.

Situated less than seven kilometres from the heart of <a href="/new-apartments/wollongong-nsw-2500">Wollongong</a>, <a href="/new-apartments/the-works-stage-one-27-railway-street-corrimal">The Works</a> provides future residents access to a thriving hub of employment, extensive shopping options, entertainment, WIN Stadium for sporting events, <a href="/new-apartments/wollongong-nsw-2500">Wollongong</a> Hospital, and the University of <a href="/new-apartments/wollongong-nsw-2500">Wollongong</a>.

Demolition of other structures commenced late last year and is expected to continue for at least the next six months.

Valued at $600 million, The Works incorporates the adaptive reuse of significant heritage elements from the Coke Works, such as the iconic 1912 brick chimney, part of the original C1 Coke oven battery, the former powerhouse building

Wollongong set for new masterplan as The Works Corrimal precinct revealed

U-Home Oceania is set to launch Yarra Park, a collection of townhomes in <a href="/new-townhouses/alphington-vic-3078">Melbourne's Alphington</a>, seven kilometres north-east of the city.

The three and four-level townhomes have been designed by <a href="/architects/rothelowman">Rothelowman</a> to bring a low maintenance option to <a href="/new-townhouses/alphington-vic-3078">Alphington</a>, a suburb generally starved of brand new townhouses.

There will be 109 townhouses in the release, around the corner from <a href="/new-townhouses/alphington-vic-3078">Alphington</a> Park Oval and <a href="/new-townhouses/alphington-vic-3078">Alphington</a> Bowling Club.

<img alt="Yarra Park" data-entity-type="file" data-entity-uuid="b77e5449-1a49-4bc7-a7b5-ea88cbab761f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-05%20at%2011.44.31%20am.png?VersionId=0f2tvlcTl.nUh_._Q9wSRxY.SK.Zaer5" />

Each residence has been designed with sustainable principles at the forefront, featuring intelligent layouts that optimise climate orientation for passive sustainability gains.&nbsp;

Inside and out, the townhomes feature a modern aesthetic, with floor-to-ceiling doors and glazing that embrace the living and dining areas connecting to balconies and terraces.

<img alt="Alphington" data-entity-type="file" data-entity-uuid="f10b00d4-4b3f-4a6a-a59b-96c538f253c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-05%20at%2011.44.16%20am.png?VersionId=qcQbaTkV1KP.PV5Dupx9JvE1nU7dets6" />

The open kitchens are sleek and functional, centred around a breakfast and wine bar and surrounded by modern integrated appliances.

The ensuite bathrooms have dual vanities, a bathtub, and a generously sized shower area with floor-to-wall tiles.

<img alt="Yarra" data-entity-type="file" data-entity-uuid="e692f844-1116-452e-b9e8-618995f74cc1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-05%20at%2011.44.26%20am.png?VersionId=NXGIdZgXyhuhj.9Yi2ALVGMIHQ95mHsI" />

U-Home Oceania, directed by Jack Wang, has appointed Burbank Urban as the builder for Yarra Park.&nbsp;

U-Home Oceania, directed by Jack Wang, has appointed Burbank Urban as the builder for Yarra Park

Yarra Park townhomes soon to launch to Alphington market

Tier-one builder Multiplex has been appointed to build Gordon Corp's $300 million <a href="/new-apartments/the-mantaray-marina-residences-503-seaworld-drive-main-beach-queensland-4217">Mantaray Marina and Residences</a> in <a href="/new-apartments/main-beach-qld-4217">Main Beach</a>.

The ultra-luxury development on the Southport Spit is being developed by&nbsp;Gordon Corp founder Tim Gordon and Bruce Mathieson Group baron Bruce Mathieson. The project marks the first significant development of The Spit since the establishment of Palazzo Versace over two decades ago.

The Rothelowman-designed development comprises 24 waterfront two, three, and four-bedroom apartments and villas, as well as the&nbsp;exclusive Mataray Health Club and a 67-berth superyacht marina and resort facilities. The standout feature is The Mantaray Club, an exclusive on-water lounge accessible only to members.

The Mantaray Club, positioned as the superyacht precinct's focal point, includes an arrival and departure lounge, restaurant and bar facilities, sun deck, and private dining and meeting rooms.

[smartcode_project:default project_id=110018 project_image_fid=234897]

Members of The Mantaray Club will also enjoy access to general superyacht marina services, boat and berth hire, and concierge services.&nbsp;

The superyacht marina itself, designed to 'Platinum' Gold Anchor standards, offers long and short-term berth leasing, immediate ocean passage through the Gold Coast Seaway, year-round deep-water access, top-notch marina operations, on-site security, and full-service concierge.

The 250 sqm Mantaray Health Club offers premium gym and training facilities, hot and cold-water plunge pools, yoga, sauna, and steam rooms.&nbsp;

[smartcode_project:default project_id=110018 project_image_fid=234896]

Residents will also benefit from a dedicated concierge service offering personalised assistance, reinforced by 24/7 onsite security personnel and a state-of-the-art CCTV system.

An activated retail plaza and high street promenade will link The Mantaray Marina and Residences to the surrounding area and provide access to leading restaurants and cafes.

Residences at <a href="/new-apartments/the-mantaray-marina-residences-503-seaworld-drive-main-beach-queensland-4217">The Mantaray</a>, starting from $8.5 million for three and four-bedroom units and $14.4 million for the penthouse collection, target a discerning clientele seeking a new standard of luxury in Australia's real estate landscape.

The mixed-use project <a href="/news/qld/gordon-corp-launches-mantaray-residences-on-the-spit-with-two-12-million-sales">has already seen two $12 million villas sold</a> to one Gold Coast family on its launch late last year.

Construction, led by Multiplex regional director Michael Sinclair, will commence in early 2024. The project is expected to generate up to 300 jobs during its two-year construction phase.

[smartcode_project_cta:default project_id=110018]

The mixed-use project has already seen two $12 million villas sold to one Gold Coast family on its launch late last year

Multiplex to build $300 million Mantaray Marina and Residences in Main Beach

The final apartments have been offered to the market in Brisbane's priciest apartment development, <a href="/buildings/443-queen-street-brisbane-443-queen-street-brisbane">443 Queen Street</a>.

Hutchies is putting the final touches to the 47-level tower having <a href="/news/qld/hutchinsons-take-over-probuild-construction-of-cbus-propertys-brisbane-apartment-tower-443-queen-st">taken over the build from Probuild in mid-2022</a>.

Aptly named <a href="/buildings/443-queen-street-brisbane-443-queen-street-brisbane">443 Queen Street</a> after its prime location adjacent to the heritage-listed Customs House, the project by prominent developer CBUS has been a huge success as far as sales are concerned since initially launching back in 2017.

[smartcode_project:default project_id=6226 project_image_fid=37149]

Now the final opportunity to buy in the building has presented itself, with just a handful of apartments recently hitting the market.

The one-bedroom apartments start from $950,000 and top $1.5 million for the 81 sqm configuration. The two-bedrooms are priced from $2.3 million and span just over 100 sqm and have a car space, while the four-bedroom units have over 200 sqm of space and start from $5 million.

Prices at <a href="/buildings/443-queen-street-brisbane-443-queen-street-brisbane">443 Queen</a> had initially started from under $500,000, with the four-bedroom apartments selling at $2 million.

[smartcode_project:default project_id=6226 project_image_fid=37148]

443 Queen Street was designed by globally renowned architectural firms WOHA and Architectus to harmonise with Brisbane's subtropical climate. They say the building is a living, breathing entity, ensuring a constant flow of natural and fresh air.

“We believe in innovative, sustainable architecture based on a clear humanist social agenda," WOHA's Richard Hassell said.

"People do not want to live in stacked, sealed boxes."

The emphasis on sustainable and energy-efficient design sets <a href="/buildings/443-queen-street-brisbane-443-queen-street-brisbane">443 Queen Street</a> apart as a world-class development. Lush gardens integrated throughout the building enhance aesthetic appeal and contribute to reducing energy consumption.

<a href="/buildings/443-queen-street-brisbane-443-queen-street-brisbane">443 Queen Street's</a> appeal is further elevated by a dedicated full-floor recreation deck on level seven which comprises a 25-metre riverside infinity pool with cabana lounges, a gym, yoga terrace, and a dining room with terrace.

[smartcode_project:default project_id=6226 project_image_fid=37091]

<a href="/buildings/443-queen-street-brisbane-443-queen-street-brisbane">443 Queen Street</a> also includes a boardwalk-level restaurant, providing a dining experience complementing its location on one of Brisbane’s last remaining riverfront sites.

Strategically located between Queen Street and the <a href="/new-apartments/brisbane-qld">Brisbane</a> River, 443 Queen neighbours a small park and sits within close proximity to the CBD's best cafes, restaurants, and retailers.

Prices at 443 Queen had initially started from under $500,000, with the four-bedroom apartments selling at $2 million.



Last knockings for Brisbane's priciest apartments as prices at 443 Queen Street double since launch

Wollongong is to the Illawarra Region what the Eastern Suburbs are to Sydneysiders. It's the place to be. Its beaches, lifestyle, and culture, are just a handful of the reasons why prospective buyers are lining up to call Wollongong home.

Over the last two decades in particular, Wollongong has become the hub of the region, with extensive development of retail and hospitality precincts, the introduction of the electrified train line in the early 1990s, and hospitals and other industries making it the anchor point for all those who live in the district.

Wollongong has also become a realistic and viable option as a place to live for those who have previously been more central to Sydney, given the train network and the new way of working from home.

Wollongong is thriving with multiple suburbs having their own distinct personalities contributing to Wollongong’s culture.

The majority of the development has been in what locals call the "Wollongong CBD" changing the landscape of the city, while&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://www.urban.com.au/developments/north-wollongong-nsw&amp;source=gmail&amp;ust=1705008823631000&amp;usg=AOvVaw2J50W8pSSAjqmY2F7doGTB" href="/developments/north-wollongong-nsw-2500" target="_blank">North Wollongong</a>, benefitting from all of the new investment in Wollongong, has arguably retained its charm and stunning coastal views and lifestyle. There's also&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://www.urban.com.au/developments/north-wollongong-nsw&amp;source=gmail&amp;ust=1705008823631000&amp;usg=AOvVaw2J50W8pSSAjqmY2F7doGTB" href="/developments/north-wollongong-nsw-2500" target="_blank">North Wollongong</a>&nbsp;Beach, popular with surfers, swimmers, and pet owners.

North Wollongong is of course the home of the University of Wollongong, which has seen it attract both first time renters and first home buyers looking to live near where they study. There's also the mum and dad investor who have earmarked an apartment for their student-age children. There's also North Wollongong Beach, popular with surfers, swimmers, and pet owners.

Due to the size of North Wollongong, just 136 hectares, there's not too much opportunity to buy a brand new apartment. Comparatively the suburb of Wollongong is almost 10 times North Wollongong. A size of a suburb&nbsp;always tells us there's unlikely going to be an oversupply, which helps support prices for the long term.

iCIRT-rated builder developer MODCO Constructions has been clever in its approach to its nearly completed North Wollongong apartment development, Heritage Wollongong.

[smartcode_project:default project_id=142643 project_image_fid=236247]

They've catered for a number of different lifestyle in the five-level project at 37 Virginia Street, under 500 metres from North Beach. Despite only having 22 apartments, they've had PRD Architects design the floorplans so they're offering one, two, and three-bedroom apartments, which will appeal to everyone from first home buyers and investors to rightsizers and downsizers.

PRD Architects had to be strategic in their approach to the design of the building. They had to work with a heritage-listed Magnolia tree, which now forms the focal point of the landscaped gardens.

[smartcode_project:default project_id=142643 project_image_fid=236238]

The apartments feature a free-flowing design and hardwood European oak flooring throughout. The open plan kitchen and living and dining area opens to private outdoor terraces which are designed to offer both alfresco dining and allow for maximum natural light to flood the living spaces. There's also a private terrace off the master bedroom in some apartments.

Expansive outdoor terraces flood the home with abundant natural light, extending the living spaces and providing a tranquil streetscape backdrop for alfresco gatherings and dining.

[smartcode_project:default project_id=142643 project_image_fid=236236]

The kitchens feature stone benchtops, Polyurethane cabinetry, Parisi tapware, and AEG appliances, while the bathrooms feature freestanding bathtubs, an open shower, and floor to ceiling tiles.

Modco has a history in the Illawara region, recently completing Aire Wollongong. They also have plans for a new development on 30 Bourke Street, North Wollongong, and 10 Pleasant Avenue in the same suburb.&nbsp;

[smartcode_project_cta:default project_id=142643]

North Wollongong: The coastal cool on the fringe of the city

Brisbane-based developer Frank Developments has seen huge success at its luxury maiden Gold Coast apartment development, <a href="/new-apartments/mira-61-garfield-terrace-surfers-paradise-qld-4217">MIRA</a>.

The 25-level tower at <a href="/new-apartments/mira-61-garfield-terrace-surfers-paradise-qld-4217">61 Garfield Terrace</a>, the dress circle address in Surfers Paradise&nbsp;is made up of just 12 apartments which have been pitched as vertical beach houses. The project has already secured eight sales.

The average sale price so far is $8.25 million, with the final four apartments priced from $8.5 million.

Each of the apartments has two levels, except from the tri-level penthouse which feature its own rooftop terrace and private pool.

Frank Development CEO and Founder Frank Licastro says the double-level floorplan is traditionally reserved for the penthouse purchaser.

"At MIRA, every apartment is dual-level, meaning every resident will experience the penthouse way of life – private, elevated and life enhancing."

<img alt="MIRA" data-entity-type="file" data-entity-uuid="82d4947a-037b-4c03-92d5-084785347bce" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-04%20at%2011.23.19%20am.png?VersionId=j2al1kDlu6bf17W_ZZDbpQML6XT0quMd" />

The two-level apartments, designed by Ferro Chow Architects and BYculprit, span&nbsp;376 sqm and feature open-plan living spaces with oceanfront balconies that capture expansive views of the beach, skyline, river, and hinterland.&nbsp;

Inspired by the natural landscape of its iconic beachfront address, MIRA's design incorporates refined details, native tones, natural lines, and a neutral palette of raw stone, organic timber, and curved glass.

Each unit at MIRA comprises four ensuite bedrooms and a versatile multi-purpose room.

<img alt="MIRA" data-entity-type="file" data-entity-uuid="3ae83412-76b7-4883-8640-47dbe43ba3e9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-04%20at%2011.22.50%20am.png?VersionId=ZXAJ288OCAKgY9OSU3gZncfdMEbhnIj5" />

Residents at MIRA will enjoy a host of resident amenities including a private beach cove, an infinity-edge pool, a wet deck, a gymnasium, a sauna, a yoga space, as well as an alfresco barbecue kitchen and dining area surrounded by tropical landscaping.

MIRA is located on Garfield Terrace, Surfers Paradise's premier beachfront strip. It's just two blocks away from the renovated Northcliffe Beach Club.

Construction of <a href="/new-apartments/mira-61-garfield-terrace-surfers-paradise-qld-4217">MIRA</a> is currently underway and is expected to be completed in late 2025.

MIRA is located on Garfield Terrace, Surfers Paradise's premier beachfront strip. It's just two blocks away from the renovated Northcliffe Beach Club

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