<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?

Buyers looking around the south east Melbourne suburbs are set for a rare opportunity to buy a brand new townhouse in Ashburton, one of the more affluent suburbs in the area.

DeveloperLeeka Group has launched their latest project, Burton Place, just eight four-bedroom townhouses designed by RS Architecture at 12-14 High Street Road.

[smartcode_project:default project_id=4398 project_image_fid=230143]

The design-centric exterior with contemporary lines, modern brick construction and full-length windows features across two symmetrical three-storey residential blocks.&nbsp;

Each block accommodates four residences, divided by a wide shared driveway and manicured landscaped paths by Etched Landscape Architects.

The lavishly styled residences showcase Burton Place's contemporary kitchen as the heart of the home. Custom joinery, clever cabinetry, natural stone surfaces, soft close drawers, and Bosch appliances contribute to the kitchen's aesthetic appeal and practicality.

[smartcode_project:default project_id=4398 project_image_fid=230147]

Full-length windows and glass doors in the living and dining areas open onto generous balconies shielded by privacy screens, seamlessly connecting the indoors with the outdoors.

The intimate bathrooms stand out in each home, emphasising discreet lighting that complements brushed nickel fittings and tapware, porcelain tiles, and polished stone benchtops. The spacious walk-in shower takes centre stage, while clever storage solutions maintain clean, light, and clutter-free spaces.

Generously styled for tranquillity and comfort, the master bedrooms boast walk-in closets and deluxe ensuites. Other well-sized bedrooms feature ample built-in storage, soft underfoot plush carpet, and easy access to shared bathrooms.

[smartcode_project:default project_id=4398 project_image_fid=230146]

Each townhouse has a double car park, a sizeable study, a state-of-the-art security system, built-in heating and cooling, sunny private open spaces, and a balcony.

Burton Place is a quick 25-minute drive to the Melbourne CBD via Citylink. The development is scheduled for completion in early 2025.

[smartcode_project_cta:default project_id=4398]

The design-centric exterior with contemporary lines, modern brick construction and full-length windows features across two symmetrical three-story residential blocks.

Ashburton to receive injection of new townhomes with Burton Place launch

Local architecture firm BDA were inspired by the pocket of southern Broadbeach for DANKAV's new Mermaid Beach apartment development, LAANI.

Under construction with a completion date of Q4 2024, LAANI will rise 17 levels, 15 of which will home just 48 apartments. They will sit above two podium levels.

BDA said both the tower and it’s podium base have been considered as three dimensional forms in the urban context of the precinct.

"The simple podium base, with it’s composition of varying screening elements and cascading landscapes, creates a soft podium edge. The floor plan, with it’s curved edges, provides a softer form of the tower aligning with site boundaries and reflecting the site’s shape," BDA said.

[smartcode_project:default project_id=6997 project_image_fid=185190]

Rhythmic facade elements, hewn from robust natural materials, define the exterior of Laani, with the elements paying homage to the architectural context of the nearby Broadbeach.&nbsp;

"The proposed architecture is minimal and timeless, with large cantilevered balconies, simple horizontal soft lines and cascading planters to the eastern and western façade. A simple material palette of white, painted dark façade and a landscape planted facade&nbsp;defines the tower."

[smartcode_project:default project_id=6997 project_image_fid=185191]

At the heart of Laani's design philosophy lies the seamless integration of indoor and outdoor living.

Light-filled interiors flow into expansive balconies, embracing fluidity and reinforcing the bond between the community and its surroundings.

There are just 48 two and three-bedroom apartments in the building, with prices start from&nbsp;$1.2 million.&nbsp;

Residents will also have a whole floor of amenity on level 10. It will feature a&nbsp;heated lap pool and adjoining day beds, a gym with a sauna, a cinema room, shared office space, a private dining room, and an outdoor sunken lounge and barbecue space.

[smartcode_project:default project_id=6997 project_image_fid=185664]

Northern NSW builders Groupline Constructions, who have also been building&nbsp;Ention's Chevron Island project Greenwich and Spyre Group's record-breaking Burleigh Heads development Glasshouse, <a href="/news/qld/construction-kicks-off-at-laani-mermaid-beach-apartment-development">recently started the build of LAANI</a>.

LJ Hooker Broadbeach agent Dean Muldoon, who is selling LAANI, said activity on site is now one of the biggest milestones, with the need to instil confidence in buyers more paramount than ever.

"There is an exceptional amount of interest in Laani Mermaid Beach as construction has really kicked into gear onsite," Muldoon says.

"Once that builder has been engaged, buyers know they can work to a more structured timeline, and work out what the next 18 months look like for them leading up to project completion."

&nbsp;

&nbsp;

[smartcode_project_cta:default project_id=6997]

Rhythmic facade elements, hewn from robust natural materials, define the exterior of Laani, with the elements paying homage to the architectural context of the nearby Broadbeach.

BDA draws on local historical materials in design of Laani, Mermaid Beach

Melbourne-based Hirsch &amp; Faigen is edging closer to a sellout of its $350 million debut Gold Coast portfolio, with two projects nearing completion and construction of a third well under way.

Their first Gold Coast project, Hemingway Palm Beach, sold out a while ago, and their beachside Emerson Kirra is just the penthouse away from too being all sold. Both of those projects are under construction, and both will be completed in the next six months.

Hirsch &amp; Faigen's latest project, the $200 million Yves Mermaid Beach – is 90 per cent sold, with the company confident that it will sell the remaining apartments in coming months.&nbsp;

All three developments are currently under construction by one of Queensland’s largest and most reputable builders in the industry, Hutchinson Builders, with Hemingway and Emerson both topped out.

[smartcode_project:default project_id=106646 project_image_fid=184792]

Yves Mermaid Beach, Hirsch &amp; Faigen’s largest development to date in Australia’s premier lifestyle market, is currently taking shape with construction reaching the ground floor level following the recent completion of the basement carparking.

Hirsch &amp; Faigen director Daniel Faigen says with all three projects under construction simultaneously, the development group has given a clear signal of its commitment to the Gold Coast market since first exploring opportunities in the city several years ago.

“When we entered the Gold Coast market with our first project in early 2021, we did so with a great deal of confidence that we could replicate the quality we are renowned for in Melbourne on the Gold Coast, but with that distinctive coastal style that buyers in the region expect,” Faigen said.

“With our debut development Hemingway Palm Beach selling rapidly, our faith in the Gold Coast was further affirmed by the success of Emerson and Yves.

“We have been especially proud that apartment buyers have recognised our reputation for project delivery, which has helped drive our sales success across all three projects.”

[smartcode_project:default project_id=102451 project_image_fid=186081]

Hirsch &amp; Faigen has just one apartment remaining at the nearly completed Emerson Kirra – a full-floor penthouse that sits atop the 13-level residential tower in the heart of the southern Gold Coast’s most sought-after beachside suburb.

The penthouse, which offers unrivalled ocean and city skyline views, is on the market at $10 million following the sell-out of the 26 half-floor apartments in the development.

Yves Mermaid Beach, which comprises a total of 146 luxury apartments over 25 levels, has just seven residences left comprising five two-bedroom apartments and two penthouses.

Hirsch &amp; Faigen Sales Director Matt George said&nbsp;Yves is still generating strong interest from a broad range of buyers looking for the lifestyle afforded by this exclusive pocket of Mermaid Beach, just a stroll away from Pacific Fair and the Broadbeach entertainment precinct.

[smartcode_project:default project_id=102451 project_image_fid=186079]

“We’ve witnessed strong sales from southerners who are seeking generous living spaces where they can be host to visiting family. Whereas, on the other end of the scale, we’ve been inundated by sales from local buyers who are looking to downsize from a house to an apartment, without compromising the Gold Coast lifestyle they love.”

“Given the rapid pace with which apartments have been purchased to date, we expect the remaining apartments to sell out this year.”

Apartments at Yves are priced from $1.05 million to $1.3 million, with the penthouses priced from $5 million to $6.5 million.

The success of its debut Gold Coast projects has whetted the appetite of Hirsch &amp; Faigen for future developments in the city.

“Our team is always reviewing opportunities across the territories in which we operate, and the Gold Coast will remain a focus for us in future,” Faigen said.

All three developments are currently under construction by one of Queensland’s largest and most reputable builders in the industry, Hutchinson Builders

Hirsch & Faigen edge closer to sell out of debut of Gold Coast apartment developments

Off the plan buyers in the ACT are set to save even more on stamp duty following another government amendment to the threshold.

From November 27, the stamp duty threshold will move to $800,000, from $700,000.

The government estimates that on an $800,000 purchase, buyers could save nearly $23,000 in stamp duty. It's only for the owner-occupier, so to be eligible for the stamp duty waiver, at least one buyer must live in the home continuously for 12 months within a year of settlement.

The raise is part of the government's strategic plan to phase out stamp duty in the territory, replacing it with higher general rates.

[smartcode_project:default project_id=139989 project_image_fid=212887]

&nbsp;

With Canberra currently holding the position as the nation's third-most expensive unit market with a median price of $567,059, the adjustment is a timely measure to enhance affordability for potential home buyers—especially for those looking to transition to higher-density living options like apartments and townhouses.

Property Council ACT executive director Shane Martin welcomes the move, describing stamp duty as an "inefficient tax" that hinders home purchases and discourages downsizing. The expectation is that removing this barrier will motivate older Canberrans to put their existing homes on the market, thereby increasing the housing supply and freeing up stand-alone properties for growing families.

However, concerns are also raised about the need for more land release. Experts argue that apartments and detached homes require additional land supply to meet the growing demand. The Property Council suggests exploring the sale of smaller blocks, offering a potentially more affordable entry point for developers and buyers alike.

[smartcode_project:default project_id=139989 project_image_fid=218009]

The ACT's stamp duty concession stands out compared to similar schemes in other Australian states. In Victoria, first-home buyers are exempt from stamp duty for properties valued at $750,000 or less. In New South Wales, buyers have a generous 15-month window to pay the levy on off-the-plan purchases. Meanwhile, Western Australian buyers can secure a stamp duty exemption for off-the-plan deals valued at $650,000 or under until June 2025.

This adjustment is poised to shape buyer behaviour and preferences in the Canberra real estate market. As the city continues to evolve, the government's proactive measures aim to create a more accessible and appealing property market for a diverse range of home buyers.

The government estimates that on an $800,000 purchase, buyers could save nearly $23,000 in stamp duty



Stamp duty threshold for off the plan buyers in Canberra jumps

Australian developer Billbergia has revealed the high-level architectural plan for a $170 million mixed-use development in Chatswood, set to deliver Sydney’s North Shore’s first ever next-generation residences designed to cater to post-COVID hybrid and remote working needs.

Located at 8 Wilson Street at the northern tip of the Chatswood CBD - the new development represents Billbergia’s first residential development on the North Shore,with the prolific developer renowned for its urban renewal projects on the Wentworth Point and Rhodes peninsulas.

It features striking architecture by multidisciplinary firm PBD Architects, whose design was selected following a competitive design excellence process.

Saul Moran, Billbergia's Development Director Planning and Design, said the&nbsp;new project will feature innovative live-work typologies and deliver critically needed new housing along with next-generation commercial spaces.

"It will be a dynamic, highly liveable, and activated precinct upon completion, one which adapts seamlessly to more flexible post-COVID working styles and the continued trend of working from home."

<img alt="Billbergia" data-entity-type="file" data-entity-uuid="498cfec8-0431-4861-8106-019a6165bad2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-17%20at%2011.18.12%20am.png?VersionId=Rvp.M1.8xacaHZYgB4QCsWHzvq98_d38" />

According to the Australian Bureau of Statistics, around 40 per cent of Australians now work from home at least part of the week and Billbergia anticipates the curated live-work design will resonate with the North Shore market.

The proposed development will deliver 251 apartments across two slender 27-storey towers, which rise above a two-storey commercial podium. The podium will include a diverse mix of uses, including retail, commercial showrooms, and flexible SOHO style live/work offerings, where residents can work remotely in a comfortable and private setting separate to their home.

A 70-place childcare centre will also be located within the podium, offering unparalleled convenience for working parents.

Residents will also have exclusive access to a range of communal facilities, including an outdoor swimming pool, landscaped communal areas, and private open rooftop spaces for some residents.

<img alt="Billbergia" data-entity-type="file" data-entity-uuid="005b4bf4-bc9d-4837-9335-ce8f73439990" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-17%20at%2011.28.52%20am.png?VersionId=z_85XsgRoUOsmDntTTn6QB3au6GFsj2J" />

Two landscaped, through-site pedestrian links have also been incorporated into the site plan, forming a highly activated, cross-shaped laneway connection with retail tenancies and live-work spaces,

“A combination of residential apartments, vibrant retail laneways, communal open spaces, childcare and dedicated co-working facilities will shape this revolutionary. new development as a well-connected and highly liveable place,” Moran added.

“We are very excited to be developing such a ground-breaking project in Chatswood.It will embody our long-standing focus on quality and liveability, while delivering a new transport-oriented community in Sydney’s North.”

<img alt="Billbergia" data-entity-type="file" data-entity-uuid="32a560a0-01c0-4a6d-8497-595b0ee27f71" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-17%20at%2011.18.33%20am.png?VersionId=AzkD41c1_JRx5Y0_zP_rsjIqWvPRB9nh" />

Paul Buljevic, Managing Director of PBD Architects said an ensemble of slender tower forms shift to address each prominent corner.&nbsp;

"Each pod has been carefully articulated to respond to environmental consideration through the use of materiality, detailing and architectural expression. The lighter, sand-coloured façade will cover the buildings’ western side, minimising heat absorption and maintaining thermal comfort for residents, while a darker copper-coloured coloured façade will face the eastern side in order to minimise glare and capture warmth from the early-morning sun."

The criteria for the design competition placed a strong emphasis on sustainability.

The new development will incorporate a holistic sustainability strategy that will reduce its environmental footprint, including rainwater harvesting, which will be irrigated into the development’s landscaped areas, gardens, and bathrooms for toilet flushing.

The podium’s landscaped areas will act as an additional thermal buffer, while its rooftop gardens will reduce rainwater runoff and provide additional insulation. Solar photovoltaic panels will be installed on the roof, supplementing the development’s energy usage with a renewable source.

Construction is expected to commence in late 2024, subject to development approval.

Saul Moran, Billbergia's Development Director Planning and Design, said the new project will feature innovative live-work typologies and deliver critically needed new housing along with next-generation commercial spaces.



Billbergia focus on hybrid, remote working at new Chatswood apartment development

Mantaray Marina and Residences on the Gold Coast marks a significant milestone as Australia's inaugural superyacht-centric living, leisure, and lifestyle precinct.&nbsp;

Situated on the renowned Spit Peninsula in Main Beach, the visionary mixed-use waterfront venture secures its position as the only integrated residential project approved for this sought-after location.

[smartcode_project:default project_id=110018 project_image_fid=234857]

Joint venture partners Gordon Corp, led by Tim Gordon, and The Bruce Mathieson Group, the family business of the pub baron Bruce Mathieson, secured the greenfield site, nearly 10,000 sqm at 503 Sea World Drive,&nbsp;through a 120-year lease agreement with the Department of State Development, Manufacturing, Infrastructure, and Planning.

The project is the first of its kind on the Gold Coast, if not Australia, with private amenities including The Mantaray Club – an exclusive members-only on-water lounge in the heart of the superyacht marina, a health and wellness club, resort-style pool, and access to the private grounds of Rivermead Estate in the Gold Coast Hinterland.

The top-tier marina features 67 dedicated superyacht berths with 24/7 marina concierge and security, plus exclusive access to Mantaray Club and Australia’s first Riva lounge and bar.

[smartcode_project:default project_id=110018 project_image_fid=234843]

Designed to ‘Platinum’ Gold Anchor status, the superyacht marina will provide long and short-term berth leasing and offer year-round deepwater access with immediate passage to the Pacific Ocean via the Gold Coast Seaway.&nbsp;

Only 24 luxury waterfront residences are part of the huge project, which will also include&nbsp;resort facilities, an exclusive Mantaray Health Club, and ground-floor retail and dining experiences.

[smartcode_project:default project_id=110018 project_image_fid=234848]

The Rothelowman-designed two, three and four-bedroom apartments, villas, and penthouses, are arranged in a U-shape and revolve around the resort-style amenity on the ground level, including two lap pools surrounded in lush tropical landscaping.

[smartcode_project:default project_id=110018 project_image_fid=234897]

The 250 sqm Mantaray Health Club offers premium gym and training facilities, hot and cold-water plunge pools, yoga, sauna, and steam rooms. Residents will also benefit from a dedicated concierge service offering personalised assistance, reinforced by 24/7 onsite security personnel and a state-of-the-art CCTV system.

[smartcode_project:default project_id=110018 project_image_fid=234912]

An activated retail plaza and high street promenade will link The Mantaray Marina and Residences to its surroundings and provide access to leading restaurants and cafes.

Two and three-bedroom residences start from $4.1 million, four-bedroom roof terrace residences start from $11.1 million, and the penthouse collection starts from $14.4 million.

The Mantaray Marina and Residences is scheduled for completion by November 2025.

The Rothelowman-designed two, three and four-bedroom apartments, villas, and penthouses, are arranged in a U-shape and revolve around the resort-style amenity on the ground level


Inside Mantaray Residences, set to redefine luxury at Main Beach

Nestled amidst the tranquility of its surroundings, Chapel Hill, <a href="/new-apartments/como-wa-6152">Como's newest vibrant community</a>, is redefining the art of holistic living.

Developer Baptist Development Australia recently&nbsp;released stage one of the two-building project, <a href="/new-apartments/chapel-hill-stage-1-the-promontory-469-471-canning-highway-como">The Promontory</a>,&nbsp;which comprises 87 one, two and three-bedroom apartments.

Crafted as a building which focuses on the wellbeing of mind, body, and spirit, <a href="/new-apartments/chapel-hill-stage-1-the-promontory-469-471-canning-highway-como">The Promontory</a> offers a unique blend of amenities that seamlessly blend into the fabric of a thriving neighbourhood.

Every communal space has been designed to be an extension of the apartments, whether its finding wellness in nurturing a garden, or seeking a spot to indulge in a good book or meditate, <a href="/new-apartments/chapel-hill-stage-1-the-promontory-469-471-canning-highway-como">The Promontory</a> caters for a wide variety of lifestyles.

&nbsp;

<h3>The Community Kitchen Garden</h3>

For those with a green thumb, the Community Kitchen Garden is a sanctuary, offering an opportunity to grow and harvest fresh produce in a communal backyard.

[smartcode_project:default project_id=141847 project_image_fid=221693]

Beyond gardening, the vibrant space serves as a hub for forming connections, sharing gardening tips, and exchanging recipes with neighbours. It's also a spot for meditation, book reading, or simply basking in the serenity of nature.

<h3>The Coffee Deck</h3>

A cup of coffee shared with friends or a borrowed book from the community library finds a perfect home on the Coffee Deck.

[smartcode_project:default project_id=141847 project_image_fid=221689]

The deck provides views of lush greenery and the tree-lined Robert Street below, with the space ideal for quiet personal time, socialising with friends, or hosting community coffee mornings and brunches.&nbsp;

<h3>The Rooftop</h3>

Perched like an urban oasis, The Rooftop is where residents can entertain friends and family or unwind amongst the fresh air. With a number of seating options and alfresco dining furniture, the space seamlessly extends the living areas of the apartments at <a href="/new-apartments/chapel-hill-stage-1-the-promontory-469-471-canning-highway-como">The Promontory</a>.

&nbsp;

[smartcode_project:default project_id=141847 project_image_fid=221691]

Complete with barbecue facilities and a fire table, The Rooftop is the perfect space to take in the far-reaching views of the surrounding Swan RIver.&nbsp;

<h3>The Body Space</h3>

Whether a residents wellness journey involves Pilates, strength training, or meditation, The Body Space is a sanctuary designed to pamper the senses and inspire a commitment to healthy living and happiness.

[smartcode_project:default project_id=141847 project_image_fid=221690]

Amidst lush greenery and natural colours and materials, the outdoor workout and meditation sanctuary encourages social interaction while also providing a peaceful nook for meditation. It's a place where residents can embrace fitness goals without the need for extensive travel.

c[smartcode_project_cta:default project_id=141847]

Crafted as a building which focuses on the wellbeing of mind, body, and spirit, The Promontory offers a unique blend of amenities that seamlessly blend into the fabric of a thriving neighbourhood


A wellness oasis redefining community living: Inside Como's latest apartment building, The Promontory

<a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK by Beulah</a>, the landmark <a href="/new-apartments/southbank-vic-3006">$2 billion Southbank project</a> set to change the Melbourne skyline, has sold 80 per cent of its apartments even before it's started its build.

The two twisting towers on Southbank Boulevard will home 705 apartments, as well significant health, wellness, and social facilities for residents, a Four Seasons Hotel Melbourne, and the country’s first innovative cultural centre for young people.

[smartcode_project:default project_id=8804 project_image_fid=221156]

When the project launched in April 2022, it achieved <a href="/news/vic/sth-bnk-by-beulah-nets-over-400m-in-sales-at-launch-weekend">over $400 million in sales on the first weekend</a>.

Sales have averaged out at $1.5 million, ranging from $534,000 to a record $38 million sub-penthouse sale. There's been a number of sales in the $15 million to $38 million range.

Read more:&nbsp;<a href="/news/vic/sth-bnk-by-beulah-breaks-melbourne-apartment-record-again">STH BNK by Beulah breaks Melbourne apartment record, again</a>

A recent release has seen a handle of one and two-bedroom apartments become available.

Three-bedroom and four-bedroom apartments are amongst some of the most popular layouts, with a number of buyers amalgamating or customising interiors to create their dream home in a landmark building.

[smartcode_project:default project_id=8804 project_image_fid=221169]

Many of its purchasers are in their mid-30s to 40s ranging from local Southbank residents and early downsizers from inner Melbourne looking to upgrade. Regional Victorians have also been in search 
of a holiday home, as well as interstate and international purchasers looking for an investment or relocation.

Beulah Executive Director, Adelene Teh, said the strong sales performance is reflective of the growing demand for luxury apartments that offer something distinctly different, while being centrally located within the Melbourne CBD.

“<a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK By Beulah</a> is redefining what can be made possible by exploring true vertical living," Teh says.

"By providing a mini metropolis that truly has everything within walking distance, individuals can spend more time on what matters most, as opposed to travelling or commuting. <a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK By Beulah</a> prioritises not just health and wellness, but ultimate convenience and this adds to the holistic wellbeing for our future residents.

“Sales are consistent across all collections as they suit different demographics and price points; Garden Rise Residences are set above the energy of the podium and provide the closest connection to the pulse of Southbank, while floorplans become more spacious and grander the higher up you go."

[smartcode_project:default project_id=8804 project_image_fid=221152]

A key feature that purchasers are continuing to take advantage of is the customisable ‘Tailored Living’ services, which will see the total number of apartments in <a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK By Beulah</a> continue to decrease as a result of more tailored configurations; a curated service that extends to custom interiors as well. This has been a key selling point for residents purchasing the units on higher floors.

Future residents will also have access to STH BNK Concierge Services including housekeeping, shopping, childminding, and pet services, plus an on-call doctor, beauty and wellness treatments.

[smartcode_project:default project_id=8804 project_image_fid=221168]

Designed in partnership with UNStudio and Cox Architecture, Residents will have access to the vibrant and comprehensive lifestyle podium; a wellness and culture precinct comprising premium retail, inspiring cultural events and engaging entertainment, childcare centre, outdoor gardens and rooftop spaces and a first-of-its-kind fleet of luxury vehicles for residents to use at their convenience.

<a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK By Beulah</a> is due to commence early works in early 2024 and will take approximately five years to complete. Earlier this year Beulah <a href="/news/vic/multiplex-to-build-2-billion-sth-bnk-by-beulah-towers">announced Mutliplex as the builder</a> of <a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK by Beulah</a>.

[smartcode_project_cta:default project_id=8804]

Beulah Executive Director, Adelene Teh, said the strong sales performance is reflective of the growing demand for luxury apartments that offer something distinctly different


STH BNK by Beulah apartments now 80% sold

In the heart of Bayside's 3191 postcode, DM Property has begun construction on their exclusive <a href="/new-townhouses/sandringham-vic-3191">Sandringham development</a>, <a href="/buildings/early-3191-sandringham-3-11-george-street-sandringham">Early 3191</a>. The project represents a harmonious blend of sophisticated design, luxury living, and community-focused development.

They're targeting a mid-2024 completion date for the&nbsp;Rothelowman-designed townhouses which boast a&nbsp;timeless facade that boldly contrasts textured materials, creating an eye-catching visual statement in the neighbourhood.

[smartcode_project:default project_id=138081 project_image_fid=209568]

Drawing inspiration from the surrounding coastal areas and neighbouring heathlands, Rothelowman's design incorporates a unified and simple palette of materials and colours, ensuring that Early 3191 seamlessly integrates with its natural surroundings.

<a href="/architects/rothelowman" target="_blank">Rothelowman</a>&nbsp;Principal Stuart Marsland said the brief&nbsp;<a href="/architects/rothelowman" target="_blank">Rothelowman</a>&nbsp;were given for <a href="/buildings/early-3191-sandringham-3-11-george-street-sandringham">Early 3191</a> was to create a series of townhomes that would elevate the standard of <a href="/new-townhouses/sandringham-vic-3191">suburban living in Sandringham</a>.

"The brief was to bring townhome living to a new level in <a href="/new-townhouses/sandringham-vic-3191">Sandringham</a> and deliver a series of homes through a calm landscape driven concept with a generosity for spacious living," Marsland said.

Read more:&nbsp;<a href="/news/vic/elevating-the-standard-of-living-in-sandringham-how-rothelowman-designed-early-3191">Elevating the standard of living in Sandringham: How Rothelowman designed Early 3191</a>

[smartcode_project:default project_id=138081 project_image_fid=209566]

<a href="/buildings/early-3191-sandringham-3-11-george-street-sandringham">Early 3191</a> offers a diverse range of living options to cater to various needs. Three-bedroom townhouses feature two bathrooms and two car spaces, while the four-bedroom townhouses come with three bathrooms and two car spaces. This flexibility ensures that families of different sizes can find their perfect home within this development.

Internally, <a href="/buildings/early-3191-sandringham-3-11-george-street-sandringham">Early 3191</a> features&nbsp;refined interiors crafted by award-winning designer Adele Bates. Each townhouse showcases a considered palette featuring warm timbers, textural natural stone, CDK marble benchtops, and premium SMEG and Fisher &amp; Paykel appliances.&nbsp;

[smartcode_project:default project_id=138081 project_image_fid=209569]

One of the key design elements of <a href="/buildings/early-3191-sandringham-3-11-george-street-sandringham">Early 3191</a> is the emphasis on natural light and seamless indoor-outdoor living. Large windows flood the interior spaces with sunlight, creating a welcoming atmosphere. Each home is thoughtfully designed to connect with spacious terraces, allowing residents to enjoy the outdoors from the comfort of their own homes.

Beyond the design and high-quality finishes, <a href="/buildings/early-3191-sandringham-3-11-george-street-sandringham">Early 3191</a> prioritises community living. The central mews area not only provides a sense of privacy but also fosters a vibrant community spirit.&nbsp;

[smartcode_project_cta:default project_id=138081]

Designed by the award-winning Rothelowman, the townhouses boast a timeless facade that boldly contrasts textured materials, creating an eye-catching visual statement in the neighbourhood

Construction underway at Sandringham townhouse development, Early 3191

Since being founded over a decade ago, arguably no one has put more of a stamp on the luxury end of the Melbourne apartment market than Orchard Piper.

Three of their most architecturally-focused projects over the years have been in Toorak, which is not only one of Melbourne's, but one of Australia's most affluent suburbs.

More billionaires call Toorak home than Sydney's harbourfront Point Piper, which says two things: Land that can make financial sense for a project is incredibly hard to come by, and what you have to put together has to be right, because the buyer is someone who sits in Australia's top one per cent, and they won't settle for anything less.

Orchard Piper's latest play is in Toorak, and&nbsp;it's quite possibly their most strategic development yet.&nbsp;

For the last few years they've been putting together a site in Toorak Village where they've recently released just nine luxury apartments above office and retail. They've already sold five out of the nine apartments without any fanfare, with prices starting from $4,995,000. The 400 sqm penthouse sold off market for $12.5 million.

They had the Singapore-based Kerry Hills Architects design the building, their first project in Australia.

<img alt="Toorak Village" data-entity-type="file" data-entity-uuid="4953e130-f411-43dc-8887-208add967ce5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/03.%20Toorak%20Village_External_Toorak%20Road%20copy.jpg?VersionId=9zqAGbbnyGnL7ZqACqLEk0XV.QLtBzsQ" />

I recently caught up with Luke McKie, who said that while Toorak has always attracted people looking for larger properties, the high street has lagged behind.

But McKie says the village is now starting to catch up.

"It's not too dissimilar to Double Bay in Sydney five years or so ago, where the whole village has undergone a repositioning," Mckie says.

"That's now well underway in Toorak and will bring the high street to the same level of what the suburb deserves."

Orchard Piper were clever in their planning phase. They knew the market in Toorak was for large apartments. Ones or twos won't have sufficed. So they created an incredibly exclusive development of just nine three-bed apartments, activating the streetscape below with hospitality spaces and office stock which will contribute to the transformation of Toorak Village.

McKie says every buyer has been from the Toorak postcode, and exclusively downsizers.

<img alt="Toorak" data-entity-type="file" data-entity-uuid="3bcab178-3c64-4328-9c67-f91a619ab4ab" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Toorak%20Village_Commercial_Interior.png?VersionId=5_WpJiT0pDDpEHq3g6zXO5RAVAqFlY.H" />

"Anyone that's local knows how rare this opportunity is," McKie adds.&nbsp;

"It's a consolidation of land in Toorak Village which hasn't happened before, and will be difficult to ever replicate. Most of the buyers already knew the site, and knew we were going to do the project, it was then just a case of timing.&nbsp;

"We knew the play was to keep the local market up to date with what's happening, rather than looking to get in front of as many eyes as possible through traditional marketed methods. It's been a hyper localized campaign, serving individuals rather than the masses."

OP have a full book heading into 2024 with Toorak Village and a luxury apartment and hotel development on St Kilda Rd, the first time Orchard Piper has ventured into that type of product.

The project&nbsp;will include a contemporary 5-star hotel, along with&nbsp;<a href="/news/orchard-pipers-luke-mckie-discusses-the-shift-to-the-owner-occupier-market" target="">Orchard Piper</a>&nbsp;residences, a 500 sqm day spa, mezzanine restaurant and bar, street level café, and health and wellness amenities with conferencing and event facilities.

<img alt="St Kilda rd" data-entity-type="file" data-entity-uuid="e0cf6291-c5a8-4232-94bd-3c05c9cf17a7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-16%20at%202.40.29%20pm.png?VersionId=fFeW_Qi6ysahdzA2FRewVPYQw9zFOLk8" />

They're teaming up with the Carter family, who have a long development history having developed the&nbsp;luxury boutique hotels Tingirana and Seahaven in Noosa, as well as the landmark residential project, Albert Tower in Melbourne.

"It's a perfect partnership because we bring the residential knowledge to the project, and the Carter family has the land and development expertise, and history in hospitality. Together it will make for a landmark project."

McKie says they very much see value in amenity and service to high end apartments, and hotels are a good way to do that.

"We certainly see there’s a market that’s demanding a higher level of service, not just an apartment in a good spot. We're adapting our model to suit that."

Orchard Piper's latest play is in Toorak, and it's quite possibly their most strategic development yet

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