<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?

TOGA has secured 70 sales at its new Macquarie Park apartment development, Macquarie Rise, accounting for around 50 per cent of the first stage release.

Construction will begin in the second half of 2024 on the Herring Road development which will comprise three residential buildings, ranging from 12 to 14 levels with 265 apartments.

Allan Vidor AM, Managing Director at TOGA, said TOGA's long-standing commitment to creating quality developments and unique experiences has resonated strongly with buyers.

&nbsp;

“The sales success reflects the strong market demand for our high-quality, flexible apartments, as well as the trust in our ability to deliver exceptional living spaces," Vidor said.

"By accelerating the construction timeline, we are fast-tracking the supply of apartments into Macquarie Park, and the Sydney market."&nbsp;

[smartcode_project:default project_id=89243 project_image_fid=242695]

The development has attracted a diverse range of buyers, including owner-occupiers, first home buyers, families looking to upsize, and downsizers. Most of the buyers are locals, residing within a 10km radius of Macquarie Park, and are primarily interested in being close to amenity and transport.

The most popular product types have been the one and two-bedroom apartments with multi-purpose rooms, giving the opportunity for a study, music room or nursery, reflecting the market's evolving need for flexible living spaces.

[smartcode_project:default project_id=89243 project_image_fid=242700]

Macquarie Rise offers residents unparalleled access to Macquarie Centre, Macquarie University, Macquarie University train station and the upcoming Metro line due to open in 2024. The development is replete with exceptional lifestyle amenities, including a 20-metre lap pool, a club lounge with work and study areas, a pilates studio, gym, and cinema- karaoke room.

TOGA's General Manager of Sales, Anthony Falas, said the sales success reflects the exceptional design and amenity of the project, combined with a great location that’s connected to Macquarie Park and key transport hubs.

“Macquarie Park continues to show strong fundamentals for both investors and owner-occupiers with its vibrant community and thriving neighbourhood," Falas said.

Located at 122 Herring Road, Macquarie Park, the development will be delivered in partnership with Baptist Union NSW and Morling College with a value of $375 million and is expected to be completed by the end of 2026.&nbsp;

[smartcode_project_cta:default project_id=89243]

TOGA's General Manager of Sales, Anthony Falas, said the sales success reflects the exceptional design and amenity of the project

TOGA's Macquarie Rise apartment development sells 50% of first stage release

Renowned Perth developer Edge Visionary Living has appointed award-winning Tier 1 builder Roberts Co to construct The Dunes, Edge's striking Scarborough apartment development.

Edge Managing Director Gavin Hawkins said he is thrilled to have Roberts Co choose the world-class Dunes project to establish their presence in Western Australia.&nbsp;

“The partnership with Roberts Co is a meeting of like minds, with each party possessing an unwavering commitment to delivering The Dunes to the highest design and construction standards.”&nbsp;

Roberts Co CEO Matt Bourne said the 100% Australian-owned builder is excited to partner with Edge on the company’s first project in Western Australia.&nbsp;

“We are proud to continue the Roberts family legacy in WA, building on strong relationships and over 60 years of history. I would like to thank Gavin Hawkins and his team for the opportunity and trust in us to deliver a project of this quality.”&nbsp;

“Over the past 12 months, we are proud to have grown Roberts Co’s headcount by nearly 20%, including multiple key appointments in Western Australia to spearhead The Dunes project.”

The Dunes is a collection of 223 two and three-bedroom luxury apartments, sub-penthouses, and penthouses. The project will comprise two boutique buildings, each with around 115 residences.

<img alt="The Dunes" data-entity-type="file" data-entity-uuid="e4f82492-e4e4-4027-af49-d3c1a8d22837" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-11%20at%2010.26.35%20am.png?VersionId=r_11nXQCsVXbVl56cfatr8ZG5PwQjDyt" />

Designed by Hillam Architects, The Dunes celebrates its iconic site with a curved façade rich in its palette of coastal-inspired materials and textures to reflect the ebb and flow of the tide and ever-changing forms of the undulating dunes.

The Dunes will offer residents direct beach access at the northern end of the Scarborough foreshore and uninterrupted views across the ocean to Rottnest Island, north over Trigg Bushland Reserve and the lights of Mindarie, and south to Fremantle Port.

Aside from the residences, The Dunes' amenities are unrivalled in the area. They include a protected lagoon pool and pavilion, multiple ocean-facing lounges and dining areas, a sunset terrace, and a wine cellar and tasting room. Additional features include a gymnasium, a sauna and steam room, a games room, and a book retreat.&nbsp;

<img alt="The Dunes" data-entity-type="file" data-entity-uuid="517b1834-e6eb-42a7-b36f-a222ed9515b8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-11%20at%2010.26.31%20am.png?VersionId=BtSddzRZaAKyugs2CTc.VZm2_rU9Jh8g" />

The Dunes Beachfront Residences is the first of the award-winning company’s oceanfront developments launched last year.

“Our vision is to create Perth’s most sophisticated residential offering on Western Australia’s most recognised coastal strip,” Edge Visionary Living Managing Director Gavin Hawkins said.

Residents can secure the government's off-the-plan stamp duty rebate of up to $50,000.

The Dunes is estimated to be completed in October 2025.

[smartcode_project_cta:default project_id=134709]

The Dunes is a collection of 223 two and three-bedroom luxury apartments, sub-penthouses, and penthouses

Edge Visionary Living appoint builder for The Dunes Scarborough apartment development

Homebuyers have a new reason to be confident about building quality in NSW with the official opening of Building Commission NSW this week, the state’s first ever dedicated building regulator.

From today Building Commission NSW, led by Commissioner David Chandler, will open its doors.

The newly established agency will lift the existing Office of the Building Commissioner out of NSW Fair Trading to give staff dedicated resources and a clear focus on the building sector.

Delivering a standalone regulator was a key election promise of the Minns Labor government, ensuring builders and the homes they construct in NSW are compliant, safe and durable.

The change means NSW will go from just 40 staff dedicated to enforcing quality and standards in the building industry to more than 400.

Funded by a $24 million down payment in the NSW Budget, Building Commission NSW will be a one stop shop for regulation, licensing and oversight of the sector.

While the NSW Government is committed to tackling the NSW housing supply crisis after over a decade of inaction, the government will not allow quantity of homes to come at the expense of quality.

This is another milestone in the work the NSW Government has already completed to lift standards across the industry, including:

<ul>
	<li>new laws to dramatically expand the Building Commissioner’s powers over freestanding residential homes.</li>
	<li>elevating the sector to cabinet level with the first ever Minister for Building.</li>
	<li>boosting the capacity of smaller builders to deliver quality medium-density housing through initiatives like BuiltIt NSW.</li>
</ul>

The recent completion of Parq Bexley marks&nbsp;the first building in Australia to be covered by Decennial Liability Insurance (DLI), a decade-long guarantee against serious defects.

Parq’s builder Urban Property has also announced that DLI will be rolled out across all future projects.

[smartcode_project:default project_id=29078 project_image_fid=216582]

Owners in buildings covered by DLI can make a claim to get defects repaired for up to a decade after completion, whether their builder is still operating or not.

NSW is the first state in the nation to offer decennial liability insurance and the NSW Government recently passed laws to encourage more builders to sign up and protect buyers.

“In recent years we’ve heard horror stories about defects in apartment buildings but we’re turning the tide with Building Commission NSW," NSW Premier Chris Minns said:

“The Building Commissioner has made a start restoring integrity, now we’ve given him the powers and resources he needs to get on with the job.”

Minister for Building Anoulack Chanthivong said the Building Commission NSW will turbocharge our work to restore trust and integrity in the building sector, while&nbsp;Building Commissioner David Chandler OAM says the Commission's team comprises amazing, talented and committed people.

“It will be my privilege to lead this next phase of delivering the trusted housing that the state's community desperately needs.

“When I started this work everyone was driving towards the bottom of quality, now we are all working towards the top and Urban Property is a great example.”

Funded by a $24 million down payment in the NSW Budget, Building Commission NSW will be a one stop shop for regulation, licensing and oversight of the sector

Building Commission NSW opens to ensure compliant new housing

The Minns Labor government has announced discussions have commenced with the Australian Turf Club (ATC) on a proposal to relocate Rosehill Race Course and build tens of thousands of new homes, surrounded by greenspace and a new Sydney Metro West station.

The proposal, which was brought to the NSW Government by the ATC, centres around the potential to build more than 25,000 new homes on the Rosehill Racecourse site. This would allow the government to explore the feasibility of a new Metro West Station at Rosehill.

The proposal will also turbocharge NSW’s world-class racing industry, securing its long-term future.

The NSW Government and the ATC have signed a memorandum of understanding (MOU) on the potentially historic plan, which would be subject to the NSW Government’s unsolicited proposals process.

<h2>Under the ATC’s proposal:</h2>

<ul>
	<li>A centre of excellence horse training facility at Horsley Park to accommodate the relocation of 300 to 400 horses from Rosehill Gardens stables.</li>
	<li>Warwick Farm redeveloped as a state-of-the-art racing, training, member and spectator facility.</li>
	<li>Several sites across Sydney will be earmarked and investigated for a new, world-class racecourse track and facilities.</li>
	<li>ATC retains and develops the Rosehill Gardens site for housing (potentially 25,000 homes), entertainment, green space and a new school.</li>
	<li>Funds from the development invested in racing, training and member and spectator facilities at all racing, training and stabling venues.</li>
	<li>The NSW Government explores the feasibility of a new metro station at Rosehill to deliver reliable public transport for the new Rosehill Gardens community.</li>
</ul>

We know that housing affordability and availability are at their lowest levels in decades, and we are facing the lowest rates of rental vacancies and a slowdown in building approvals and construction activity.

This is the biggest single pressure facing the people of NSW, with mortgage payments or rent the largest expense for most households.

The NSW Government is committed to building more housing in the right places, where people want to live – to improve affordability, reduce building and infrastructure costs and create thriving communities.

<h2>The unsolicited proposals process includes:</h2>

<ul>
	<li>Strong probity, conflict of interest and confidentiality arrangements, including the appointment of a probity adviser to advise, monitor and report at each stage of the assessment process.</li>
	<li>Prohibitions on the proponent lobbying ministers or officials on the proposal, with clear communication channels established.</li>
	<li>Clear assessment criteria, timeframes and a streamlined process for objectively assessing the proposal.</li>
</ul>

NSW Premier Chris Minns said this is a once-in-a-generation opportunity.

"The ATC sees this as a chance to secure the future of racing in NSW," Minns said.

“The government sees this as an opportunity to put its money where its mouth is and build more housing, close to transport links, with plenty of green space for new families.

“This is exactly the type of proposal my government has been talking about over the last 6 months.

“The fact is we have a housing crisis – we aren’t building enough homes. The more supply we have, the more we can drive down cost of living pressures, whether it’s for renters or those wanting to buy their own home.”

NSW Premier Chris Minns said this is a once-in-a-generation opportunity

Minns Labor government to discuss converting Rosehill Racecourse into 25,000 new homes

We've not seen any slowing down in demand, and with supply levels at significant lows due to the current construction issues, the Gold Coast market has continued to outperform the rest of the country

The top 12 developers to watch out for on the Gold Coast in 2024

If you're in search of an apartment in Southbank, Melbourne Square is likely on your radar. The $2.8 billion master plan precinct by OSK Property Group is making waves, with its latest stage, Boulevard, redefining urban living. In this article, we'll take you through a virtual tour, providing insights into the design, amenities, and unique features that set Boulevard apart.

&lt;p&gt;&lt;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/ALHDNjP-Oxo?si=l28q5qJV1PLi6jm-" title="YouTube video player" width="560"&gt;&lt;/iframe&gt;&lt;/p&gt;

[smartcode_project_cta:default project_id=107714]

Unparalleled Design by Cox Architecture: Boulevard stands tall at 73 levels, a geometrically intricate curved building designed by Cox Architecture. This design allows numerous apartments to enjoy breathtaking, uninterrupted views of Melbourne's CBD, the Royal Botanic Gardens, Albert Park Lake, and Port Philip Bay. The location within Melbourne Square ensures proximity to the Arts Precinct, Flinders Station, and the South Melbourne markets.

Exquisite Interiors by Carr: OSK Property enlisted Carr, one of Melbourne's most decorated design firms, to manage the interiors. From one-bedroom apartments to the expansive options, each residence boasts beautifully restrained and timeless interior architecture. Gallery residences feature integrated Bosch appliances, while the premium Domain Collection includes Gaggenau appliances, natural stone finishes, and Toto toilets in bathrooms.

[smartcode_project:default project_id=107714 project_image_fid=214122]

Unique Loft-Style Residences: Boulevard introduces a rarity in Melbourne's real estate - loft-style residences. Crafted in collaboration between Carr and Cox Architecture, these unique offerings add a distinctive touch to Melbourne Square.

Lifestyle Beyond Living: Boulevard isn't just a place to live; it's a lifestyle. Residents benefit from Melbourne Square's established precinct, featuring a supermarket, bottle shop, restaurant, cafe, childcare center, and a vast park. The health and wellness offerings in Boulevard include a gym, a 25-meter swimming pool, spa, zen garden, golf simulator, cinema room, and more.

Sky-High Luxuries: Occupying the 55th level, The Horizon dining rooms offer unbeatable views, while the co-working space and Sky Club on levels 55 and 56 provide exclusive amenities for premium residences. Luxurious lounges, cocktail bars, private dining rooms, and additional gyms elevate the living experience to new heights.

[smartcode_project:default project_id=107714 project_image_fid=218319]

Smart Technology and Sustainability: Boulevard incorporates smart technology throughout, enhancing the resident experience. Designed with sustainability in mind, it's one of Australia's first residential projects pursuing WELL Pre-Certification for healthy living. Optimum access to natural light, thermal comfort, and indoor air quality are key considerations.

OSK Property Group's Legacy: Founded in 1997 in Malaysia, OSK Property Group has garnered a string of awards for its developments in both Malaysia and Australia. Melbourne Square has already received accolades, including the Best Mixed-Use Development and Best High-Rise Architecture Awards at the Asia Pacific Property Awards.

[smartcode_project:default project_id=107714 project_image_fid=218317]

Conclusion: Boulevard at Melbourne Square isn't just a residence; it's a lifestyle choice. With its unmatched design, top-tier amenities, and a commitment to sustainability, it sets a new standard for luxury living in Southbank. If you're considering making Boulevard your home, Urban can help you connect with OSK Property Group.

[smartcode_project_cta:default project_id=107714]

[smartcode_project:default project_id=107714 project_image_fid=214124]

Embark on a virtual journey through luxury with our exclusive video tour of Melbourne Square's Boulevard. Discover the $2.8 billion masterpiece by OSK Property Group, where design meets lifestyle in the heart of Southbank. From the geometrically intricate architecture by Cox Architecture to the timeless interiors crafted by Carr.

Discover the Luxury Living Experience at Melbourne Square's BLVD: A Comprehensive Video Tour

Joint venture partners GURNER™ and Qualitas has announced a partnership with OSK Property to deliver a build to rent residential tower within OSK's booming $2.8 billion Melbourne Square precinct in Melbourne's Southbank.

The OSK Group is a publicly listed developer in Malaysia with over five decades of experience. They will retain an ownership stake in the BTR asset alongside GURNER™ and Qualitas' joint venture group GQ who will develop, manage and operate the BTR tower.

The new BTR tower will be designed by Cox Architecture and will further enhance the mixed-use offering at the Melbourne Square precinct, delivering around 500 residences and extensive communal amenities.

The tower will be another new addition to Melbourne Square, a precinct focused on&nbsp;world-class resident facilities, health and wellness amenities, and a range of apartment options that have so far appealed to a diverse mix of residents.

OSK has completed the first two towers in Melbourne Square, and earlier this year launched BLVD, arguably the most impressive tower to date.

[smartcode_project:default project_id=107714 project_image_fid=218317]

The $2.8 billion Melbourne Square precinct encompasses five towers, a 3,745 sqm public park, full- line Woolworths, childcare and a number of retailers.

In keeping with GQ’s industry leading commitment to sustainability, the tower will feature environmentally sustainable design including 5-Star Green Star certification, an inset energy network and a net-zero energy emissions outcome. With low cost, 100 percent renewable energy available, and an all-electric building, the development is set to be carbon neutral in operation.

Partnering with GQ to develop, manage and operate the BTR tower means OSK Property can convert one of the Melbourne Square towers into a retained asset within its portfolio, an appealing proposition that will see the developer diversify asset classes within a single project.

GQ and OSK Property have strong confidence in the Southbank market. GQ has a separate BTR project under construction on City Road in Southbank, while OSK Property recently completed two transactions, acquiring neighbouring properties totalling 7,800 sqm at 87-117 Queensbridge Street and 190 City Road for a future mixed-use development.

[smartcode_project:default project_id=107714 project_image_fid=211866]

The GQ BTR platform launched in 2021 with three initial seed sites: in Melbourne, the $300 million Beach House in Melbourne’s St Kilda – which is nearing completion ahead of the first residences hitting the market in early 2024 and a $350 million tower at City Road in Southbank, and in Sydney the 61-storey, $450 million project in Hassall Street, Parramatta.

Construction for the Melbourne Square site is due to commence in Q1 2025.

Gurner Group Chief Development Officer Robert Clarke said the team have been watching Melbourne Square for a number of years.

"We are looking forward to contributing first-class rental accommodation to the precinct," Clarke said.

“This joint venture makes a lot of sense for us as it’s a shovel-ready precinct that will deliver much needed rental supply to the market in an area that’s growing and supporting a large population.

“With the current demand for rental stock still at historical highs, we are actively looking at many different ways to add to our portfolio whether that be partnerships, joint ventures or traditional acquisitions."

[smartcode_project:default project_id=107714 project_image_fid=211867]

OSK Property Australia CEO Chong Boon Woon said the joint venture with GQ represents the next evolution of their Australia pipeline.

“Our development philosophy is very much focused on strategic, risk-adjusted decision-making and a quality over quantity approach to individual projects and acquisitions.

“This joint venture with GQ represents the next evolution of our Australian pipeline, allowing us to go where the market is, recognising the under-supply of the rental accommodation in Melbourne, while enhancing the offering at Melbourne Square and maximising the position of our existing portfolio.

“OSK Property has a strong reputation as a high-quality developer in Malaysia, and given the success and proven track record of delivery at Melbourne Square we would like to think the Australian market can see that we are trustworthy and that we do what we say we will.

“We were motivated to seek a joint venture partner after recognising the under-supply of rental accommodation throughout Melbourne – we are looking forward to contributing to high-quality rental options in the city, while providing another architectural landmark building in an amenity-rich precinct."

The tower will be another new addition to Melbourne Square, a precinct focused on world-class resident facilities, health and wellness amenities, and a range of apartment options that have so far appealed to a diverse mix of residents

Gurner announces build to rent tower in OSK's Melbourne Square, Southbank masterplan

High-end Sydney property developer <a href="/developers/abadeen-group">Abadeen</a> has officially launched its Victorian arm, commencing work with two projects in <a href="/developments/prahran-vic-3181">Prahran East</a> and <a href="/developments/malvern-east-vic-3145">Malvern East</a>.

The expansion into Victoria aligns Abadeen's national growth strategy, having successfully delivered 80-plus projects over the past 28 years totalling over $3 billion of premium commercial, residential, and mixed-use developments, predominantly in Sydney's Lower North Shore.

Andrew Leoncelli, the former CBRE Residential Projects Director in <a href="/developments/melbourne-vic">Melbourne</a> and development manager for Hamton Property Group, will be heading up <a href="/developers/abadeen-group">Abadeen</a> Victoria as their managing director. He's worked alongside Abadeen founder and chief executive Justin Brown for the last 15 years.

"<a href="/developers/abadeen-group">Abadeen</a> is renowned for crafting beautiful, lasting and aesthetically pleasing spaces that seamlessly blend with their surroundings and communities," Brown says.

"As we establish new standards for quality and collaboration in the Sydney market, our goal is to replicate this success in Victoria."

Brown says Leoncelli's&nbsp;wealth of local relationships perfectly aligns with their consumer-centric approach to development and placemaking, while Leoncelli says he holds a true&nbsp;appreciation for Brown's approach to bespoke development.

"I’ve worked in the property sector for over 20 years and have an appreciation and understanding of all aspects of the process-from identifying a site to bringing a project to life.

”Abadeen is backed by the strength of its people, partnerships, and an in-depth understanding of the Australian property market, and I look forward to elevating the business's success and creating more opportunities in Victoria.”

Abadeen Victoria recently unveiled its first luxury project,&nbsp;<a href="/new-apartments/malea-94-burke-road-malvern-east">Maléa</a> in <a href="/developments/malvern-east-vic-3145">Malvern East</a>, just seven parkside apartments designed by Ewert Leaf.

[smartcode_project:default project_id=141969 project_image_fid=222406]

They've also secured a site for their second project, 646 High Street in <a href="/developments/prahran-vic-3181">Prahran East</a>, where they're planning a 24 two and three-bedroom apartment development designed by Carr Design.

The four-level building, with city and bay views, is located in close&nbsp;proximity to Armadale, Hawksburn, and Toorak Villages.

Leoncelli says the timing of the launch of both the <a href="/new-apartments/malea-94-burke-road-malvern-east">Maléa</a> and 646 High Street projects aligns with Abadeen’s vision and strategy for Victoria, as the group seeks to capitalise on the current resurgence of interest in luxury off-the-plan residences, particularly among downsizers and right-sizers in the market.

[smartcode_project:default project_id=141969 project_image_fid=222393]

“There is an ever-growing appetite from local wealthy downsizers, wanting bespoke high-end apartment living," Leoncelli says.

"They have lived their entire adult life in the family home which they don’t need anymore. They want to upgrade their lifestyles whilst downsizing their maintenance and they want the very best of everything-all in walking distance to their favourite parks, restaurants, cafes and shops.

“The two sites we have bought demonstrate the very best of these ideals and the design teams we are working with, and the builders understand this market like very few can.”

Maléa celebrated its official launch to market on 18 November, with Stephen Bowtell, director of project sales for Jellis Craig in Stonnington, <a href="/developments/richmond-vic-3121">Richmond</a> &amp; Surrounds, leading the sales campaign.

Permits have been secured for both projects, with <a href="/new-apartments/malea-94-burke-road-malvern-east">Maléa</a> due to start construction at the end of March 2024. 646 High Street is due to be lodged for town planning applications in Q1 2024

Abadeen Victoria recently unveiled its first luxury project, Maléa in Malvern East, just seven parkside apartments designed by Ewert Leaf

Abadeen officially announce expansion into Victoria with two luxury projects

The Gold Coast City Council has approved plans for a $300 million 'Integrated Surf Park Village' at The Club at Parkwood Village.

The Parkwood Village Golf and Surf Resort introduces a four-hectare dual-zone Endless Wave surfing lagoon as the centrepiece—the city's first wave park.&nbsp;

Dubbed Endless Surf Wave Lagoon, the wave pool will offer customisable wave configurations to cater to different surfer preferences and abilities.

The project will be categorised into six precincts spread across sixteen new and modified main buildings, which consist of eight residential apartments and short-term accommodation buildings, 12 no. resort villas, a pavilion and brewhouse, retail and commercial tenancies, a 120-person childcare centre, a maintenance building, a golf pro shop and a wedding chapel.&nbsp;

Designed by BDA Architecture, the vision for the resort is to create a defined architectural character that reflects the Gold Coast 'Palm Springs' architectural language and contemporary commercial architecture.

“The Residential &amp; Serviced Apartments, Central, Pavilion &amp; Brewhouse, Resort Villas, Commercial Buildings, and its podium base have been considered as a three-dimensional form in the urban context of the Parkwood Precinct,” BDA said in their design brief.

“The simple curved podium base with its horizontal lines and openness allows cascading landscapes to spill over the podium edge, softening its appearance whilst allowing for flooding.

“The curved plan form of the development is aligned and reflects the site’s shape and existing spatial geometry of the site context.”

<img alt="Park" data-entity-type="file" data-entity-uuid="4a52e0eb-9746-490e-9d46-cfc53bee1ff1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%201.50.16%20pm.png?VersionId=xYV6Jp1Uwf79tdMwYjqupC75KGUxtH0." />

Anticipated as a new attraction for locals and tourists, the large 'endless surf' wave pool will sit alongside an 18-hole golf course on site.

The $10 million transformation of the Parkwood Golf Course is a pivotal aspect of the development, promising a PGA tour-level golf course to enhance the overall golfer experience within a scenic landscape.

A mini-golf, ten-pin bowling, and Top Golf Swing Suites add more entertainment options to the development, while diverse dining options, from casual dining to beach club and beachfront fine dining, complete the hospitality precinct at Parkwood Village. A European-style beach club is on the beach's northern end, and a family beach precinct is at the southern end.&nbsp;

The resort will also feature a mix of hotel accommodations private residences, and host a retirement community in collaboration with Living Choice.

<img alt="Park" data-entity-type="file" data-entity-uuid="48a99407-c1f7-4f15-8bdb-cc505b764e60" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%201.50.23%20pm.png?VersionId=H7RK9SsW6iL3EpsFkwrzemcsl_zwzXNE" />

The Surf HQ building, positioned between the apartment buildings and located centrally fronting the Endless Surf Wave Lagoon, is a focal point associated with the wave pool. It will house ancillary retail, café spaces, and office areas primarily for wave pool staff.

A new mixed-use precinct will also extend existing commercial tenancies at The Club at Parkwood Village and introduce new retail and commercial spaces surrounding the surf lagoon.&nbsp;

Spearheaded by the Gold Coast Titans, the health, sports, and recreation precinct will include a high-performance recovery centre, altitude training facilities, and state-of-the-art medical spaces accessible to the public.

Adding an Active Hub reinforces Parkwood Village as a wellness hub, offering world-class facilities for recovery, training, medical services, and overall health and well-being.

Designed by BDA Architecture, the vision for the resort is to create a defined architectural character that reflects the Gold Coast 'Palm Springs' architectural language and contemporary commercial architecture

$300 million Parkwood Village Golf and Surf Resort with apartments given green light

Chevron Island is poised to welcome an exciting new apartment development after a private consortium revealed plans for a striking $140 million residential tower.

Nera, located in the heart of Chevron Island at 8-10 Parneno Street, will deliver 87 apartments across a 28-level building.

The project is being undertaken by the Bastion development group which is made up by a private consortium of national and expat developers. This will be the company’s first of a number of projects on the Gold Coast after Bastion also purchased another site in Surfers Paradise for a future apartment development.

One of the developers in Bastion, Alex Wood, describes Nera as more than a residential project, saying it's a symbol of evolved luxury and sophistication.

“Nera isn't just another residential project, it's a statement and a testament to the evolving tastes and preferences of those seeking a premium living space and will represent a community that cherishes the finer aspects of life,” said Mr Wood.

“The location of Nera is strategic, offering residents the unique blend of Chevron Island's intimate village atmosphere and close proximity to the Gold Coast's bustling hotspots like HOTA, Surfers Paradise, and dining precincts."

<img alt="NERA" data-entity-type="file" data-entity-uuid="9d117d2f-e354-4967-9031-8c8bbd0aa51a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%201.35.27%20pm.png?VersionId=2gZwJLzsl4iqWdv00YMPuriob_HrUslJ" />

Bastion has worked up new plans for the Chevron Island site in order to meet demand for premium residences in one of the Gold Coast’s most in-demand suburbs.

Leading South East Queensland architecture firm, Plus Architecture has been engaged to design the Chevron Island project, which will offer spacious floorplans for functional apartment living without compromise.

“We’ve worked closely with Plus Architecture to curate spaces that seamlessly blend opulence with functionality, ensuring that every resident feels a sense of exclusivity and luxury in their daily lives,&amp;quot; said Wood.

There are 87 two and three-bedroom apartments, three-bedroom half-floor sky homes, and a full-floor penthouse with panoramic views of the Pacific Ocean and Gold Coast Hinterland.

Architecture firm Plus Architecture is tasked with delivering the tower's distinctive curvature and detailing, designed to capture the essence of 'barefoot luxury.'

Levels 2-19 will house only four 90 sqm to 118 sqm two-bedroom apartments per floor, some featuring a multi-purpose room.

<img alt="NERA" data-entity-type="file" data-entity-uuid="b712627c-9cc1-41ff-a04b-146f5c3b487e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%201.35.12%20pm.png?VersionId=H8WQSnzi8c5b2n9BVvTAXI7OM_4qPcSV" />

The three-bedroom apartments and half-floor sky homes, ranging from 179-236 sqm, will be on Levels 20-26, with just two units per floor.

Lastly, the four-bedroom full-floor penthouse, spanning 412 sqm, will be on the 27th level overlooking 360-degree views.&nbsp;

All apartment units feature open-plan layouts with spacious balconies showcasing ocean, river, or hinterland views.

A mezzanine-level wellness centre with a yoga deck, gym, sauna, and shower facilities is available on the ground floor, while the rooftop will home an&nbsp;infinity pool, private dining areas, and outdoor lounges with fire pits.

<img alt="Nera" data-entity-type="file" data-entity-uuid="70347e0a-17aa-4b5b-a5c4-e47ba69d2999" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%201.35.22%20pm.png?VersionId=AWDmFLX39FhxMG8HxtIyZ9g7regWsUnp" />

&nbsp;

ONE:PM is marketing Nera, which is expected to start construction in Q2 2024.

"Bastion has revisited and re-envisioned the project, tailoring it to meet the current market demands and buyer needs, enhancing the quality and finishes to create something truly exceptional,” ONE:PM Managing Director Alex De Vincentiis says.

[smartcode_project_cta:default project_id=108640]

Architecture firm Plus Architecture is tasked with delivering the tower's distinctive curvature and detailing, designed to capture the essence of 'barefoot luxury.'

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