<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?

Highett Common by Sunkin Property Group is set to rise from <a href="/new-apartments/highett-vic-3190">one of the best spots in Bayside</a>, connected to both extensive public transport, amenity, and the beach.

We recently visited the <a href="/new-apartments/highett-common-37-graham-road-highett-vic-3190">Highett Common</a> display suite at <a href="/new-apartments/highett-common-37-graham-road-highett-vic-3190">37 Graham Road</a> to look at the project in more detail.

<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/m_OkpzOXFS4?si=99Oi8HMW38waEN0K" title="YouTube video player" width="560"></iframe>

In a city like Melbourne, where public transport is so good, buying a home in an up-and-coming fringe suburb is always an astute choice. Highett is a prime example – you're close to the beach, there's a thriving hub of bars and eateries, and you can hop on the train and be in the city in under 40 minutes.

Architecturally designed by famed Melbourne-based design practice ClarkeHopkinsClarke, <a href="/new-apartments/highett-common-37-graham-road-highett-vic-3190">Highett Common's thoughtful masterplan</a> offers provisions for sustainable living, verdant green spaces and apartments crafted using the finest quality materials.

[smartcode_project:default project_id=108019 project_image_fid=212654]

Whether you're after a one, two or three-bedroom apartment, <a href="/new-apartments/highett-common-37-graham-road-highett-vic-3190">Highett Common</a> has a range of intuitive floorplans to choose from. What I love is that all apartments have been thoughtfully oriented with floor-to-ceiling glazing to make the most of the parkland views – it's the kind of attention to detail that comes with great design.

The 9.3-hectare masterplan includes a Conservation Reserve, a one-hectare public park and playground and a new community library – with walkways taking you through leafy, tree-lined corridors and boulevards. In fact, over 40 per cent of the site is dedicated to green open space.

At <a href="/new-apartments/highett-common-37-graham-road-highett-vic-3190">Highett Common</a>, you'll also have access to multiple state-of-the-art gymnasiums with wellness areas and two luxurious swimming pools, one outdoor and one indoor – as well as residents' dining room and lounge perfect for hosting gatherings with friends and family.

[smartcode_project:default project_id=108019 project_image_fid=213936]

You'll also have access to a platform that enables you to connect with your neighbours via a smart community app, enabling you to book amenities, receive project updates and alerts, join social clubs, sign up for fitness and wellness activities and access local business services.

As the first medium-density masterplanned, Net Zero Carbon community in Victoria, the all-electric development boasts solar panels for energy generation into the development, smart car charging capability, recycled rainwater for irrigation, sustainably sourced timber and steel and many more energy efficiency features.

[smartcode_project:default project_id=108019 project_image_fid=212514]

Located at 37 Graham Road, <a href="/new-apartments/highett-vic-3190">Highett</a> Station is literally a two-minute walk away; <a href="/new-apartments/highett-vic-3190">Highett</a> Shopping Centre with a Woolworths supermarket and specialty shops right next door.

You can cycle to the beach and bay trail, and you're spoilt for choice when it comes to dining and bar options along <a href="/new-apartments/highett-vic-3190">Highett</a> Road. Civil works across the whole masterplan are currently well underway, with completion of the first stage of <a href="/new-apartments/highett-common-37-graham-road-highett-vic-3190">Highett Common</a> slated for mid-2025.

[smartcode_project_cta:default project_id=108019]

We recently visited the Highett Common display suite at 37 Graham Road to look at the project in more detail

Display Suite Tour: Inside the Highett Common masterplanned development by Sunkin Property Group

111 Castlereagh signifies the transformative redevelopment of one of Sydney's esteemed heritage structures.&nbsp;

Developed by Cbus Property, the residence is situated atop the former David Jones department store, originally constructed in 1938.

The original department store will be restored and converted into a nine-level podium, more common in new developments, with the new structure rising from it. The department store will home a mix of commercial office space and retail.

[smartcode_project:default project_id=94354 project_image_fid=170431]

<a href="/new-apartments/111-castlereagh-sydney-111-castlereagh-street-sydney">111 Castlereagh</a> comprises an exclusive collection of 98 apartments, varying from one to four bedrooms, including a limited collection of four four-bedroom skyhomes, in the heart of Sydney.

As the cityscape has evolved, the experience and architecture of the former store have continued to resonate with Sydneysiders. In homage to this cherished heritage, the new tower's organic forms establish a meaningful connection with its historical foundation, honouring the city's past, present, and future.

[smartcode_project:default project_id=94354 project_image_fid=170432]

<blockquote>
"Rising above heritage and Hyde Park, 111 Castlereagh will stand out on the Sydney skyline, yet feel as if it has always been part of the city fabric." 
Adrian Pozzo, Cbus Property CEO
</blockquote>

A remarkable feat of engineering and design, the new curvilinear tower of <a href="/new-apartments/111-castlereagh-sydney-111-castlereagh-street-sydney">111 Castlereagh</a> references futuristic forms seemingly suspended over, yet integrated into, the historic foundation below.&nbsp;

Crafted exclusively with custom-designed details and curated selections by FJCstudio, each residence at <a href="/new-apartments/111-castlereagh-sydney-111-castlereagh-street-sydney">111 Castlereagh</a> is bathed in natural light, creating an ethereal atmosphere and a sense of weightlessness in the sky.

<blockquote>
"We create a building form which is very unusual, it seems like a form that floats in the air within the heritage building. Below is an atrium space which draws natural light around this form deep into the interior right down to the ground floor." 
FJCstudio Director Richard Francis-Jones.
</blockquote>

Residents can choose from three interior design palettes, each offering a selection of statement stones and exclusive options.&nbsp;

The kitchen island, a work of art in itself, serves as a stunning centrepiece of every home, which can be tailored to the resident's choice of hand-finished stone for the Skyhomes.

Floor-to-ceiling windows in the bedrooms frame a private panorama of treetops and the harbour.&nbsp;

[smartcode_project:default project_id=94354 project_image_fid=170429]

The Skyhomes' master ensuite features his and her vanity with stone benchtops extending to the curved stone walls separating the shower and toilet and custom-designed 111 Castlereagh tapware and fittings by fjcinteriors.

Custom-designed walk-in wardrobes, butler's pantries, and multiple bathrooms provide ample storage and practicalities for the Skyhomes.

<a href="/new-apartments/111-castlereagh-sydney-111-castlereagh-street-sydney">111 Castlereagh</a> has been carefully designed with rare and exclusive wellness spaces, amenities and services for all residents to access and use.

[smartcode_project:default project_id=94354 project_image_fid=170428]

Residents will enjoy dedicated concierge services day and night, and access to a private wellness space overlooking Hyde Park with a heated open-air pool, fitness studio, and yoga deck.

The residents' lounge and dining room open onto a leafy terrace, perfect for private celebrations. The state-of-the-art cellar, exclusive to a select few residents, offers the perfect setting for savouring a glass with family and friends. The Archibald Room provides a backdrop for private dining experiences or transforms into an AV-enabled boardroom for essential meetings by day.

The rooftop gardens with secluded views overlooking the harbour add to the allure of <a href="/new-apartments/111-castlereagh-sydney-111-castlereagh-street-sydney">111 Castlereagh</a>. Perfectly situated at the top end of Hyde Park, it offers stunning views across Sydney's oldest park and the iconic fashion precinct.

<a href="/new-apartments/111-castlereagh-sydney-111-castlereagh-street-sydney">111 Castlereagh</a> places residents at the very centre of all that Sydney offers. The development is surrounded by several train stations, metro and light rail for easy connectivity within and outside of Sydney.

11 Castlereagh is currently under construction by Scentre Group.

[smartcode_project_cta:default project_id=94354]

111 Castlereagh places residents at the very centre of all that Sydney offers

111 Castlereagh: The restoration and transformation of a Sydney landmark

There may never be another opportunity to buy an apartment overlooking <a href="/developments/bellevue-hill-nsw-2023">Bellevue Hill's</a> landmark Cooper Park.

Prominent Sydney developer Denwol, led by Philip Wolanski, has released the final few apartments in their 25-apartment development Splendour, hovering over the 15-hectare Cooper Park on Victoria Road.

Completing construction early next year, Splendour represents one of the most exclusive address in the eastern suburbs postcode, the <a href="/developments/bellevue-hill-nsw-2023">priciest non-waterfront postcode in the east</a>.

Splendour comprises 25 two, three and four-bedroom apartments designed to take in as much nature as possible by UP Architects.

<img alt="Splendour" data-entity-type="file" data-entity-uuid="9ad3ddc0-5fa8-4735-a863-6956ddae1238" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-30%20at%208.35.04%20am.png?VersionId=kVkR7lSVh9rnCfI3OVP9V41Q8c.2K47q" />

Designed by UP Architects, the architectural approach involves breaking the project into smaller-scale, discrete buildings cascading down the site. This design ensures each residence maintains a distinct address while benefiting from optimal sunlight, cross ventilation, and expansive views.

The apartments boast spacious living areas with elegant timber floorboards leading to full-width glass sliding doors, opening onto a generous terrace with panoramic views of Cooper Park's tree canopy, the Sydney City skyline, Harbour Bridge, and Opera House.

The gourmet gas kitchen showcases a striking stone island, benchtops, and splashbacks, complemented by beautifully crafted joinery and premium integrated appliances.

<img alt="Splendour" data-entity-type="file" data-entity-uuid="11714446-c501-46f6-8e14-c47232e629a9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-30%20at%208.35.14%20am.png?VersionId=YF.HahpEsHVEmy_ISFg23jARTsitvQHY" />

The master bedroom suite offers a decadent experience with a sublime outlook, bespoke joinery, and a lavish ensuite. The second and third bedrooms feature generous sizing and the same high-quality joinery.

The impeccable main bathroom provides a soothing oasis-like space with a striking stone vanity and a freestanding bath.

Homeowners can choose from two colour schemes: the uplifting Dawn or the evocative Dusk. Splendour also includes an innovative, flexible room for additional living space.

Additional features include a laundry, two undercover secure car spaces with storage, and the communal Secret Garden landscaped by Sturt Nobel Associates.

Sitting majestically on the clifftop and forming a botanical escarpment, the Secret Garden is the residents' idyllic slice of heaven year-round. A diverse botanical array and ornamental water features surround the manicured lawns. Along the cliff edge, native climbers cascade downwards, while the eye is inevitably drawn out to the immense green of Cooper Park and beyond.

<img alt="Splendour" data-entity-type="file" data-entity-uuid="3d7490e2-4626-4137-a8b3-a208ff8443da" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-30%20at%208.35.28%20am.png?VersionId=zYFBvH4ZYnU1WbuS_Ogdnv7RyV3hruZA" />

Situated at 206D Victoria Road, Splendour enjoys a prime position near Bellevue Hill Village, Westfield Bondi Junction, medical facilities, public transport, and prestigious schools.

The project is on the same street where there's been five $30 million plus house sales, the highest price secured for Belhaven which sold for $52.5 million late last year.

Builder Growthbuilt is expected to complete construction in the first quarter of 2024.

Completing construction early next year, Splendour represents one of the most exclusive address in the eastern suburbs postcode, the priciest non-harbourfront postcode in the east

Overlooking Bellevue Hill's Cooper Park: Denwol release final apartments in Splendour

Veteran Brisbane developer&nbsp;Gardner Vaughan Group knew the value of developing on a park when they acquired a Flora Street site in Stones Corner.

What they hadn't banked on was a $21.5 million, government-funded rejuvenation of the 5.21-hectare Hanlon Park, which was voted Australia's best park in 2023 at Build Australia's 2023 National Awards.

The park&nbsp;won an Award of Excellence in the Parks and Open Space category, a Landscape Architecture Award in the Land Management category and a Climate Positive Design Award.

Facing the park will be Gardner Vaughan Group's new apartment development, Stonebrook.

s[smartcode_project:default project_id=114094 project_image_fid=223429]

The nine-level building will have 90 one, two, three and four-bedroom apartments, and will be crowned by a communal rooftop terrace with views over the park.

Stonebrook will house 90 one to four-bedroom apartments and penthouses across nine levels, including communal ground floor and rooftop amenities.

With a spotlight on simplicity and style, residents can expect high-quality fixtures and finishes within all carefully crafted homes. Penthouse residents can customise their interiors from the exclusive penthouse collection interiors.

[smartcode_project:default project_id=114094 project_image_fid=223432]

The modern, minimalist kitchens are centred on a large island with a bar sink and seating for added functionality.

The bathrooms feature a floating vanity under a mirrored storage cabinet that reaches the ceiling. The open shower is bordered by a frameless glass on one side and an illuminated shower niche on the other.

Outdoors, residents can stay active with the on-site gymnasium or dip in the heated ground pool.

Entertainers will enjoy the indoor and outdoor dining spaces overlooking park views on the communal rooftop terrace to host family and friends.

[smartcode_project:default project_id=114094 project_image_fid=223430]

The pet-friendly development also has onsite parcel and bike storage, 14 visitor car spaces, provision for EV charging stations and solar compatibility. Stonebrook is a proud UDIA-certified EnviroDevelopment.&nbsp;

Stonebrook is just five kilometres from the Brisbane CBD via the Buranda Train &amp; Busways and moments from the first-class restaurants at Logan Rd. With direct accessibility to Hanlon Park, residents can enjoy a quiet morning stroll, jog, or cycle daily.

The development is estimated to be completed in December 2024.

[smartcode_project_cta:default project_id=114094

Facing Hanlon Park will be Gardner Vaughan Group's new apartment development, Stonebrook

Adjacent to Australia's best park: Inside Gardner Vaughan Group's Stones Corner apartment development, Stonebrook

Esplanade Brighton Beach, one of Bayside's most architecturally striking apartment developments, is approaching completion.

The project of just 11 residences at 26-28 The Esplanade is being developed by SC Land and built by Minicon Construction.

Perfectly positioned between Brighton Beach and Brighton Middle Beach, Esplanade Brighton Beach comprises 11 three-bedroom apartments, including a penthouse, spread across two four-level buildings—overlooking Green Point Park with never-to-be-built-out bay and beach views.

[smartcode_project:default project_id=6866 project_image_fid=25043]

Characterised by curved architectural forms, the Wood Marsh-designed buildings house four and three apartments each. The bold and artistic aesthetic of the two buildings are entirely different but bear recognisable influences inspired by the surrounding water.&nbsp;

"We wanted to create an emotional response to living so close to the water's edge," Randal Marsh from Woods Marsh says.

"Each aspect has been carefully controlled to frame individual features. These spaces were approach like works of art."&nbsp;

<img alt="Brighton Esplanade" data-entity-type="file" data-entity-uuid="30b301d6-3b07-4764-8014-df8458f8ae16" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-29%20at%208.24.13%20pm.png?VersionId=ouVogBRyVDYXrF5vCUcDtNeX1sHifkbx" />

One building features a series of fins for privacy and sun protection, clad in dark zinc metal, while off-white rendered masonry and porthole-like windows distinguish the other.

Apartments are situated on entire floors or half-floors accessible from private lift lobbies in each building.

To complement the waterfront setting, the interior design aims to evoke a casual and chic beachside atmosphere, utilising textures, colours, natural timbers, and marbles for a serene and sophisticated look and feel.

The generously sized floor plans, up to 270 sqm, distinguish this development from the others in the area. All apartments feature two living areas, two bathrooms, and a powder room.

<img alt="Esplanade Brighton" data-entity-type="file" data-entity-uuid="becc08f0-19b4-440f-bfa2-5bbb66efe8de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-29%20at%208.24.00%20pm.png?VersionId=VyolPWr.R2dlV8vXymw3LKq7_.zCsos7" />

Travertine marble-clad open gas fireplaces are visual focal points in living areas, complemented by wide board European Oak timber floors.

In the kitchens, superb functionality and luxurious materials blend with the full suite of top-of-the-line Gaggenau kitchen appliances, including a steam oven, induction cooktop, and built-in fridge.

Master bedrooms boast timber walls and generous walk-in wardrobes, while master en-suites feature Hammam steam showers. All bathrooms are well-appointed by Vola tapware and are finished with travertine floor and wall tiles.

<img alt="Brighton" data-entity-type="file" data-entity-uuid="73183c32-38b4-4501-8170-81092647fb6a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-29%20at%208.24.06%20pm.png?VersionId=EbVt9_6wf0MklrihiuMI0demgXg7auo5" />

In-slab hydronic radiant heated floors in living and bathroom areas provide gentle and ambient heat that is efficient and silent.

The verdant landscaping, designed by award-winning landscape architect Taylor Cullity Lethlean (TCL), is tailored to evoke lush thematic gardens for each ground-level Garden Terrace Residence.

Each residence has two parking spaces and generous secure storage areas on the basement level.

Located on Melbourne's most famous waterfront address, Esplanade Brighton Beach's picturesque location is ideal for those who dream of tranquillity and views of Port Phillip Bay with the convenience of local transport and shops.

"We wanted to create an emotional response to living so close to the water's edge," Randal Marsh from Woods Marsh says

Construction approaches completion on one of Brighton's most luxe apartment developments

Following the administration of GCB Constructions, developer GDI Group has decided to bring construction in house to complete their luxury Main Beach apartment development, Drift Residences.

Drift Residences, at 16-18 Hughes Avenue, just a stroll from Tedder Avenue and the Main Beach sand, will have just 46 apartments across its 31 levels, a maximum of two apartments per floor.

Dean Gallagher, GDI Group Director, has assembled a top-tier line-up with a proven track record in the industry to deliver the rest of the building.

"It's a formidable team," Gallagher says.

[smartcode_project:default project_id=93593 project_image_fid=194364]

Construction is already well advanced on Drift, which is expected to be complete toward the end of 2024.

There's three different types of apartments in the Plus Architecture-designed tower. The Residence Collection, which occupy levels three to 23, have three bedrooms, three bathrooms, and 262 sqm of living space, and start from just under $3 million.

The penthouse collection is just a handful of full floor apartments with 531 sqm of living space. They have four bedrooms, four bathrooms, a media room, home office, and four car spaces.&nbsp;

[smartcode_project:default project_id=93593 project_image_fid=194365]

Crowning the building is a two-level penthouse across levels 30 and 31, complete with five bedrooms, five bathrooms, five car garaging, an entertainment room, home office, and a plunge pool and spa.

Resident amenity is located toward the bottom end of the tower. There's a spa and health club with an&nbsp;infinity pool, hot and cold spas, an infrared sauna, and a steam room. The gymnasium features a yoga studio and private massage rooms.

[smartcode_project:default project_id=93593 project_image_fid=194366]

There's also a residents lounge with&nbsp;a BBQ, butler’s pantry, outdoor dining area and powder room, as well as a luxe fireplace.

Kollosche is marketing Drift Residences.

[smartcode_project_cta:default project_id=93593]

Dean Gallagher, GDI Group Director, has assembled a top-tier line-up with a proven track record in the industry to deliver the rest of the building

GDI Group bring construction in house to deliver Drift Residences in Main Beach

Newcastle and Lake Macquarie apartment developer Next Level Seven has officially launched Watervue, a bold new statement to the growing Newcastle skyline.

Watervue, at 10 Steel Street, comprises 106 apartments spread across a 19-level tower that offers panoramic views of the city and the harbour.&nbsp;

Designed by Stewart Architecture, prospective homeowners can select from a range of apartment options, including one-bedroom, one-bedroom plus study, two-bedroom, and three-bedroom configurations, as well as two luxury penthouses. Serviced by three lifts, each floor accommodates a maximum of seven apartments.&nbsp;

<img alt="Watervue" data-entity-type="file" data-entity-uuid="d3e20beb-d6c0-46d3-be01-b650e37780f1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-29%20at%207.29.09%20pm.png?VersionId=4S2qizWWBxynzfc.Kyq.m0Ds9y6EjHGY" />

The generous floor plans, featuring 2.7-metre high ceilings, are strategically designed to optimise views and infuse the interiors with natural light. Expansive balconies extend an invitation to outdoor living.

Watervue, strategically positioned at a corner, captures east-northeast aspects and accompanying breezes. The east-northeast orientation ensures apartments bask in the morning sun while benefiting from coastal breezes during summer.

The double glazing and ducted air conditioning without condensers on verandahs further emphasise Watervue's priority for resident comfort.

<img alt="Watervue" data-entity-type="file" data-entity-uuid="30764554-22f5-4815-8476-b8eea4a684a7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-29%20at%207.29.40%20pm.png?VersionId=jBDuUcEPRfoxDzAbyJGAB8zsTiYpy1W7" />

The well-appointed designer kitchens boast stone benchtops and stainless steel Miele appliances. Luxurious bathrooms showcase floor-to-ceiling tiles and premium fixtures.

Exclusive upgrade packages are available for all apartments, including appliance upgrades, heated bathroom floors and towel rails, ceiling fans, and power outlets in car spaces. Secure parking is provided for all apartments, with each car space having a storage cage.

On the podium, residents can socialise in the fourth-floor residents’ lounge or take advantage of the well-equipped business hub. Residents can pick herbs from the lush edible garden on the podium rooftop, get together on the pool deck or take a dip in the 25-metre heated lap pool.

<img alt="Watervue" data-entity-type="file" data-entity-uuid="2d1a05f4-e857-481b-a546-cebb81070d73" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-29%20at%207.29.46%20pm.png?VersionId=6stEIQ0kUZkTc1LZC.yIP0KmNMW1X9k6" />

Situated just one block from Newcastle’s harbour, apartments from level 12 and above offer uninterrupted views of the busy working waterway. Lower levels provide view corridors to the harbour along with aspects overlooking Watervue’s private swimming pool, with its beach area and landscaped surrounds.

Watervue is just a short stroll from major supermarkets, light rail, the Newcastle Transport Interchange, cafés, restaurants, bars, and the Newcastle Cruising Yacht Club, with easy access to Market Town shopping centre, the inner city and Cooks Hill.

Next Level Seven appointed builder Bloc Constructions to build Watervue, with an estimated completion date in September 2024. Street Property is marketing the project.

Watervue, at 10 Steel Street, comprises 106 apartments spread across a 19-level tower that offers panoramic views of the city and the harbour

Rare new off the plan apartment development launches in Newcastle

Sekisui House Australia is set to welcome more than 350 new residents to its latest completed stage at its West Village masterplan, Altura.

Altura, the tallest apartment tower and the fifth to be completed in West End’s landmark $1.2 billion West Village precinct, comprises 146 apartments, which will be occupied just in time for Christmas.

The 22-level tower was designed with a&nbsp;unique neuro-architectural approach that aims to promote a feeling of wellness through design, textures and colours.

With concept design by Smart Design Studio, detailed design by nettletontribe and landscape design by RPS, Altura’s rooftop boasts a ‘Wellness Regeneration Zone’ with infinity edge pool, magnesium spa, outdoor kitchen, barbecue area and sunken fire pit for residents to rest and recharge.

&nbsp;

<img alt="Altura" data-entity-type="file" data-entity-uuid="135b3a12-f217-4a38-9218-bdb6bd4cefe2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-30%20at%2010.11.22%20am.png?VersionId=wwfVvInvKIP7fepHVAtEn_aB2Qui8gR2" />Altura's rooftop: Image credit Lucas Munro

The podium ‘Lifeplace Level’ features communal areas for connectivity, including a library, cinema rooms, private dining room with kitchenette and workspace productivity pods, while 14-metre mature kauri pines line the base of the tower forming the tranquil Kauri Grove on Kauri Lane.

nettletontribe Director David Cohen said the quality of living spaces in each Altura residence was further enhanced through connections with nature.

“One of the underpinning design principles across the West Village master plan is the integration of built form with the natural environment, which has a positive flow-on effect on our health and wellbeing,” Cohen said.

“Altura embodies this principle by incorporating greenery vertically up the building, benefiting not only the residences and balcony environments, but also the surrounding buildings in the broader West Village community.

“The design of the balconies and the façade were key to delivering a quality space for each residence that achieved outlook and connection to the natural environment, including access to natural light and ventilation.”

&nbsp;

Only two residences remain available at Altura starting from $3.6 million, including the five-bedroom, four-and- half bathroom penthouse on level 22 and the four-bedroom, three-and-a-half bathroom sub-penthouse on level 21.

<img alt="Altura" data-entity-type="file" data-entity-uuid="baaee00e-1b2e-4c0c-84dd-37d72f066c69" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-30%20at%2010.12.27%20am.png?VersionId=nwB9neuZHL4jd.wNaBMoWM1XuzirPAmM" /> 
A built in fireplace on the roof: Image credit Lucas Munro

West Village Project Director Taku Hashimoto said the distinctive Altura residence reinforced the benefits of living in West Village where community, lifestyle and wellbeing were at the forefront.

“West Village provides an unparalleled setting, combining heritage, environmental connectivity, creativity, and health and wellness aspects that encourage residents and visitors to thrive,” Hashimoto said.

“It also boasts a 99 out of 100 Walk Score, enabling residents to easily access the precinct’s Harris Farm Markets, Goodlife Health Clubs, medical and beauty hubs, and the 25-plus retail and dining options.

“We are proud to deliver Altura as part of the West Village master plan and provide its soon-to-be residents with multi-sensory, luxury living and innovation, all within a vibrant community and a stone’s throw from the city."

&nbsp;

Three final buildings are to be completed at West Village, including the Allere Collection which is currently under construction and features two connected, vertical communities Uno and Duo, 90 per cent of which is already sold out with limited residences remaining across three, four and five-bedroom options.

The Allere Collection is a curated collection of 203 residences designed by Rothelowman, with a unique, pet- friendly focus integrated across both communities and shared communal spaces set to entice families, including rooftop pools, enclosed dining spaces, seating areas, a vegetable garden and an off-leash rooftop dog space, ‘Paw Pavilion’.

[smartcode_project:default project_id=114215 project_image_fid=204857]

West Village’s master developer Sekisui House Australia is proud to continue to create homes and communities that improve with time and last for generations.

With developments in Queensland and New South Wales, Sekisui House Australia’s approach to design honours its Japanese heritage, with design guided by the principle of Satoyama — connecting people through ‘ribbons of green’ to ensure communities are in harmony with their natural surroundings.

[smartcode_project_cta:default project_id=114215]

West Village Project Director Taku Hashimoto said the distinctive Altura residence reinforced the benefits of living in West Village where community, lifestyle and wellbeing were at the forefront

Sekisui to welcome residents to Altura, West Village precinct after construction completion

Off the plan apartment sales jumped in Q3 2023, according to consulting firm Urbis.

Their Apartment Essentials report showed a jump in sales from 200 in Q2 2023 to 470 in Q3 2023, primarily driven by sales in the Gold Coast Central area.

Read more: <a href="/news/qld/gold-coast-apartment-sales-jump-in-q3-2023-urbis">Gold Coast apartment sales jump in Q3 2023: Urbis</a>

There's still a healthy supply of apartments in the Central area however, with just over 1,200 for sale. It's the Gold Coast Fringe area which is starved of stock, after the best performing project in the Gold Coast sold out all of its first stage.

<img alt="Gold Coast" data-entity-type="file" data-entity-uuid="fc864b01-b223-4cbd-82bf-f21d5a4ffde0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-29%20at%203.57.48%20pm.png?VersionId=qByITmF_kHTRsHRi9nOr7kbWR3Fs.Zri" />

We've taken a look at the top five best performing projects across the Gold Coast

<h3>1. Cienna Varsity Ridge, Varsity Lakes</h3>

The top performing new and off the plan apartment project in the Gold Coast was the first stage of Homecorp's Cienna Varsity Ridge community in Varsity Lakes.

There were 85 sales in Q3 2023, which took the first stage of 257-apartments to a sell out. The second stage will bring a further two buildings.

The four-building project has been designed by BDA and will consist of four separate&nbsp;connected across a central podium featuring landscaping, lawns, a pool, and other communal amenities.

<img alt="Gold Coast" data-entity-type="file" data-entity-uuid="c9870445-da86-4dba-a770-de444880384b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-29%20at%203.50.22%20pm.png?VersionId=5lKAgmGQEExYjeRxSZVG2Jm88mU2ejRr" />

The project will have 446 apartments across the buildings, with one-bedroom plus media rooms and two-bedroom apartments on offer.

<h3>2. Vista, Surfers Paradise</h3>

Vista, the debut Surfers Paradise apartment development by Malaysian/Melbourne developer MRCB, saw 80 of its 280 apartments sold in the third quarter of 2023, at an average price of $1,013,138.

The 51-level development comprises 280 one, two and three-bedroom apartments priced from $890,000.

[smartcode_project:default project_id=112730 project_image_fid=211248]

In line with prioritising residents' well-being, 26 Vista boasts lifestyle amenities such as a yoga deck and a cycle room, a gym and a pool. It in fact will have the highest resident swimming pool in Surfers Paradise in the $15 million penthouse.

The building is&nbsp;all-electric, with no gas, and a low carbon footprint proposition.

[smartcode_project:default project_id=112730 project_image_fid=209972]

The development is just a short walk north to Surfers Paradise and south to Broadbeach.

There are 187 apartments still available in 26 Vista.

<h3>3. Lagoon Sunrise Tower</h3>

Lagoon, the two-tower project by Jon Drew's Drew Group, had strong success from both its towers. The Sunrise Tower edged out sales of the Sunset Tower, securing 77 sales at an average price point of $1,415,260.

The Sunrise Tower, spanning 31 levels, offers a mix of two and three-bedroom apartments, along with Drew Group's Signature Collection residences.&nbsp;

[smartcode_project:default project_id=108747 project_image_fid=190743]

Positioned in the centre of Main Beach, Lagoon Main Beach will reside just a stone’s throw from the Gold Coast’s premier lifestyle destinations and high-class dining precincts.

Currently under construction, the Sunrise Tower has less than half of its 66 units remaining.

<h3>4. Lagoon Sunset Tower</h3>

Not far behind was the neighbouring tower which sold 30 fewer apartments at 47 averaging $1,171,809 sale price.

Rising 24 levels, the Sunset Tower features 116 apartments with one, two, and three-bedroom configurations, providing unobstructed views of the Broadwater, Hinterland, and Southport Marina. Although it had fewer sales than the Sunrise Tower, Sunset Tower only has 69 units available.

[smartcode_project:default project_id=108747 project_image_fid=221590]

This fully-funded twin-tower apartment complex comprises 259 apartments, including 12 premium sky homes and three dual-level penthouses from the Signature Collection.

Families, retirees, upsizers and downsizers, along with their pets, are welcome at Lagoon Main Beach to enjoy a luxury resort-style indulgence right at home.&nbsp;

[smartcode_project:default project_id=108747 project_image_fid=221589]

All residents of Lagoon will have access to the podium-level amenities, featuring a barbecue garden with designer cooking stations, a fully equipped function lounge, a fitness centre with a connected yoga terrace, and a 24/7 network-connected boardroom designed to meet the flexible co-working needs of today.

Lagoon is currently under construction, with an estimated completion date of December 2025.&nbsp;

<h3>5. Crest Broadbeach</h3>

Morris Property Group's Crest Broadbeach secured 41 sales in its Broadbeach apartment development on Armrick Avenue.

There are over 150 apartments in the 37-level project which has prices from $899,000.

<img alt="Crest Broadbeach" data-entity-type="file" data-entity-uuid="3616a1c0-fc17-4c3a-a1ea-68a0be37ea21" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-29%20at%204.08.34%20pm.png?VersionId=V9gJi.yD6jXAloxegSnWOE7qIsGk9Bz_" />

They had&nbsp;Canberra architecture firm Guida Moseley Brown design the tower which also features three podium levels an whole amenity level above.

That level,&nbsp;wrapped in terraces with seating and dining areas, features a pool, gym, lounge space, a private barbecue and dining space which can be hired, and a communal barbecue area.

Read more:&nbsp;<a href="/news/qld/morris-property-group-set-for-crest-broadbeach-apartments">Morris Property Group set for Crest Broadbeach apartments</a>

There's still a healthy supply of apartments in the Central area, with just over 1,200 for sale

The Gold Coast's top selling off the plan apartment developments in Q3 2023: Urbis

In an exclusive interview, Apartments.com.au CEO Mike Bird sits down with Daniel Clarke, General Manager at Sherpa Property Group, to delve into the fascinating journey of Nexus, the sixth project under the renowned Perspective brand. Initially approved as a 14-level building, the project faced a twist when the courts overturned the decision. However, Clarke shares how this setback became an opportunity for redesign, resulting in what they believe is the best code-accessible development.

&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/vTRw2CJauWI?si=XQSO5QL8qhCchg6c" title="YouTube video player" width="560"&gt;&lt;/iframe&gt;&lt;/p&gt;

[smartcode_project_cta:default project_id=108324]

Clarke expresses his excitement about the redesigned project, emphasising its enhanced functionality and aesthetic appeal. The article highlights the positive response from existing buyers, who, despite the project's initial hiccups, have shown confidence in Sherpa Property Group's commitment to delivering an exceptional product.

[smartcode_project:default project_id=108324 project_image_fid=232460]

As the conversation unfolds, Clarke sheds light on the buyer demographic, emphasising the spaciousness of the apartments, which range up to 200 square meters. The mix includes three to four-bedroom units, attracting a local market, down-sizers, and even interest from interstate buyers, particularly from Sydney and Melbourne.

The article concludes with insights into Sherpa Property Group's development philosophy under the Perspective brand. With a focus on the "less is more" approach, Clarke explains how their design strategy evolved based on feedback and interest generated by earlier projects. The Perspective brand's consistent emphasis on larger, more livable spaces resonates with buyers and reflects the company's commitment to creating unique and appealing coastal living experiences.

[smartcode_project:default project_id=108324 project_image_fid=232523]

Prospective buyers are encouraged to explore the recently finished display suite at Perspective on Albatross, showcasing the company's commitment to quality and innovative design. The interview offers a unique perspective on Sherpa Property Group's approach, providing potential buyers with valuable insights into the developer's track record and commitment to delivering outstanding coastal living experiences.

[smartcode_project_cta:default project_id=108324]

[smartcode_project:default project_id=108324 project_image_fid=231829]

&nbsp;

Join us in this insightful interview with Daniel Clarke, the General Manager at Sherpa Property Group, as he discusses the exciting journey of the Nexus project, the sixth under the Perspective brand.

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