<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>

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Ellen Walker

Off-the-plan property explained: What is stamp duty?

As construction comes toward the pointy end of their sold out <a href="/developments/palm-beach-qld-4221">Palm Beach apartment development</a> Esplanade, veteran developer Pask Group has secured its next <a href="/developments/gold-coast-qld">Gold Coast apartment development</a> site.

They've grabbed a 1,012 sqm site at 216 Esplanade in Burleigh Heads, which came with approved plans for a luxury apartment development designed by Koichi Takada, who has put his stamp on the Burleigh Heads beachfront in recent years.

He first designed FORME's award-winning Goodwin Terrace apartment project The Norfolk, and the recently launched Isabel by Mosaic, which is just a few doors down from Pask's new project.

Nearly 18 months ago plans were filed for a 17-level tower then dubbed Palms. Just 28 half and full-floor apartments were signed off by the Gold Coast City Council in February.

<img alt="Koichi Takada back with new luxury Burleigh Heads apartment development" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-30_at_2.10.44_pm.png" />

The three-bed apartments, 23 of them, will start from 205 sqm&nbsp;internally, and the five four-bedroom apartments start from 411 sqm of living space across a full floor. They will have a butler's pantry in the kitchen, a second living space/rumpus room, and high-end wine storage.

The tower will be crowned with two two-level penthouses, with the 295 sqm half floor apartments on level one, with level two set to home a huge master suite, an outdoor dining terrace with built-in barbecue kitchen, a sun deck, and a private plunge pool.

The resident amenity is located on the&nbsp;second&nbsp;level, where there will be a resort-style pool with ice bath, hot tub, two saunas, and an outdoor shower. A lounge zone will meet a barbecue space, and toward the rear of the building is a gym with an outdoor space, and a yoga studio. A three-bedroom apartment is also located on this level, with its own plunge pool in a wrap around garden.

<img alt="Koichi Takada back with new luxury Burleigh Heads apartment development" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-30_at_2.17.08_pm.png" />

Takada says the development is inspired by its natural surroundings.

"216 The Esplanade is designed in homage to the coastal locale, with a sculptural form evocative of ocean waves and composed of materials that reference nature and the lifestyle aspect of Burleigh Heads," Takada wrote in the design statement in the development application.

<img alt="Koichi Takada back with new luxury Burleigh Heads apartment development" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-30_at_2.17.12_pm.png" />

"The distinctive design of the building and its sculptural features are intended to position the building as a landmark in this visually prominent location and in turn as a catalyst to encourage higher quality development ion the adjoining area."

Pask, founded by Nev Pask back in 1969 and currently ran by son Dean, are also preparing to launch 250 Albert Street, a striking collection of just 23 apartments in East Melbourne.

Exclusive: Pask Group secure next Gold Coast apartment development site

Just two apartments remain in Beulah's completed <a href="/developments/camberwell-vic-3124">Camberwell apartment development</a>, <a href="/buildings/890-toorak-road-camberwell">Provenance</a>.

The Elenberg Fraser-designed <a href="/buildings/890-toorak-road-camberwell">Provenance</a> comprises ten house-sized residences and two luxury penthouses set over three levels and surrounded by Openwork's landscaping.

The three-storey building will include elements from Elenberg Fraser’s groundbreaking new format for residential living, The New Standard.&nbsp;

"Provenance is a project that will shift your expectations and understanding of what it is to live in a multi-residential building, now and into the future," Callum Fraser said.

[smartcode_project:default project_id=9099 project_image_fid=217666]

Revolutionising apartment living, Elenberg Fraser’s The New Standard is dedicated to standardising and continuously improving a high-quality, ultra-sustainable design for multi-residential living—starting with a building's entry configuration.

Already considerable in size, each <a href="/buildings/890-toorak-road-camberwell">Provenance</a> residence will feature this new wave of technology, bringing the privacy and security of a single-dwelling home into the multi-residential realm.&nbsp;

Beginning with the entrance, a direct lift seamlessly transports residents to their homes, directly opening into a private micro lobby, removing the need to navigate a public lobby or corridor.

The Micro Lobby is a transitional space with a lockable door to the apartments. For the security-conscious or the frequent traveller, it offers a safe delivery space, a storage area and a coat or shoe cupboard.&nbsp;

[smartcode_project:default project_id=9099 project_image_fid=217661]

In the event of a complete failure of the security system or electrical failure, the deadlocks on the door are activated and will keep the apartment safe and secure.

Grand in scale, residents will be welcomed to their apartments by an open living and dining space.&nbsp;

The heart of the home, a house-sized kitchen, is centred by a sculptural island bench and furnished with a suite of Gaggenau appliances and ample storage.

The bedrooms have an ensuite and walk-in-robe giving every member of the family the space they deserve.

[smartcode_project:default project_id=9099 project_image_fid=217669]

Floor-to-ceiling windows and doors open up, allowing indoor entertainment spaces to flow seamlessly into the spacious north-facing terraces and private balconies overlooking vistas of the surrounding landscaped gardens and the Toorak Road streetscape.

Less than 15 minutes walking distance from <a href="/buildings/890-toorak-road-camberwell">Provenance</a> is the Tooronga Shopping Centre and Anderson Park, while the CBD is only a 15-minute car ride.&nbsp;

[smartcode_project_cta:default project_id=9099]

The three-storey building will include elements from Elenberg Fraser’s groundbreaking new format for residential living, The New Standard

Final two apartments at Beulah's completed Provenance Camberwell apartment development

St Leonards is set to welcome one of its tallest towers, with Anson Group seeking to develop a 50-level tower right next to St Leonards train station.

They've submitted $187 million plans for a 173-metre tall tower at 617-621 Pacific Highway, bounded by&nbsp;Atchison Street, Pacific Highway and Christie Street. It will top JQZ 2022-completed tower 88 by JQZ, which is 157 metres tall.&nbsp;

The proposed mixed-use tower will home 195 apartments above six-level podium with retail and commercial floors, basement car parking for 72 cars, a new community and arts centre, and a mid-tower communal level. The project will neighbour Stockland's office tower which they are <a href="/news/stockland-plans-to-supersize-its-st-leonards-renewal-opportunity">seeking to redevelop into two 63 and 45-level towers</a>.

&nbsp;

<img alt="Christie" data-entity-type="file" data-entity-uuid="f7908389-50ce-410e-9a6b-cb06b5d810f1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-05%20at%207.00.36%20pm.png?VersionId=IN0x71vMGe_A40iQPx0dUmjDG_w3LGdB" />

Architecture firm BVN drew inspiration from New York's Flatiron building, suggesting it will be a "new market for St Leonards."

"Because of the site's unique geometry, there is opportunity to celebrate the site location and geometry. A 'flat-iron' building, which creates a unique building identity," BVN noted in their Architectural Design Report submitted to the North Sydney Council.

"The unique nature of the permissible envelope creates a unique and identifiable western facade where the building is one-apartment in width."

BVN said there are&nbsp;two key themes that strongly reflect their architecture - the materiality and landscape of the building.

"The facade colour palette takes inspiration from the colour of the clay-rich soil and Ashfield slate bedrock upon which the site sits, to create a visually grounded and warm appearance."

Over half of the apartments are two-bedrooms (104), while there are 36 one-bedders and 50 apartments with three-bedrooms or more.

<img alt="St Leonards" data-entity-type="file" data-entity-uuid="cba7ba99-c8ff-4db2-9ec1-9b64c43974f9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-05%20at%207.03.08%20pm.png?VersionId=_n9egSUF.g17aoU7R.grRD1QH22b4NjP" />

The Access Report report Argentum Group said the North Sydney&nbsp;Development Control Plan is 10 years old, and the apartment mix provision applies as a blanket approach across the entire LGA and thus not specific to the locality.

"As such it does not reflect the most current shift in lifestyle and market preference for apartment living and desire for additional bedrooms in St Leonards," they stated.

"This has been a consistent market direction over the last 5 years across Sydney.

They said the proposed mix has been designed to adapt to the change in apartment living preference, that has been accentuated post COVID lockdown period where there has been a shift to working from home and consequently the need for larger apartments with better spatial amenity are more desired."

At the top of the building is a two-level penthouse which BVN describes as a "multilevel crown".

"This provides a distinctive architectural profile to the tower. At these levels the glazing is profiled to match triangulated elements within the tower."

The resident amenity will be on the 24th level in the form of a swimming pool, spa, multipurpose room, and outdoor terraces.&nbsp;There's nearly 400 sqm of retail across and over 2,600 sqm commercial space.

There were a handful of pre-lodgement meetings with council after an initial design scheme was put together by fjmt.&nbsp;

The 1,062 sqm site is currently occupied by two mid-rise commercial buildings in a&nbsp;Modernist/Brutalist architectural style, dating back over four decades, with exposed concrete-aggregate finish.

BVN said the&nbsp;character of Pacific Highway, Atchison, and Christie Streets is in transition as a significant number of new developments have been delivered or are in design phase.

<img alt="Christie Street" data-entity-type="file" data-entity-uuid="df36ceb5-15a8-4f7b-ba34-8b5d0db3f1ba" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-05%20at%206.50.28%20pm.png?VersionId=Cl1xOf.891_G04fyYeWf0NvebLl72QFa" />

"The redevelopment of the site for a mixed use development will significantly improve the amenity of the surrounding area by delivering a mix of commercial, residential, retail, art, and community uses," BVN stated.

"The character of the proposal reflects its residential use and utilises strategies to introduce warmth/scale and connection from internal to external spaces. It provides opportunities to introduce planting and greenery. This signals a shift from the previous commercial context of St Leonards."

Last year Anson Group filed plans for a four-building, 200-apartment development in Sydney's&nbsp;Kensington.

&nbsp;

Read more:&nbsp;<a href="/news/nsw/first-look-anson-group-plot-mixed-use-kensington-development">First look: Anson Group plot mixed-use Kensington development</a>

They've submitted $187 million plans for a 173-metre tall tower at 617-621 Pacific Highway, bounded by Atchison Street, Pacific Highway and Christie Street

First look: St Leonards set for tallest tower as Anson Group file for mixed-use development

Brisbane-based developer Frank Development and joint venture partner Epoca Property Group has achieved a major milestone at their <a href="/developments/teneriffe-qld-4005">Teneriffe apartment development</a>, Ducale.

They've sold half of the 26 apartments in the <a href="/new-apartments/ducale-teneriffe-33-wyandra-street-teneriffe">Wyandra Street building</a>, having reduced the density from 37 units due to the growing demand for family-sized apartments in Brisbane.

&nbsp;

The BYculprit-designed development offers one and two-level apartments with two and three-bedroom configurations starting from $1.1 million.

The three ground-floor apartments each comprise two bedrooms and a private plunge pool.

<a data-entity-type="file" data-entity-uuid="90cd2948-a795-4fc8-8481-2b6daeece2f9" href="/new-apartments/ducale-teneriffe-33-wyandra-street-teneriffe"><img alt="Ducale" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-05%20at%201.28.52%20pm.png?VersionId=vWBk016txNXHh3Pog5QzVG2CFfFrzrw." /></a>

The penthouse and sub-penthouse units have four bedrooms, three bathrooms and spacious living and dining areas with panoramic views of the CBD, Teneriffe Hill and the Brisbane River.

Frank Developments has placed a strong emphasis on a future-focused design that revolves around sustainability, technology, and lifestyle considerations in the years to come.

<a data-entity-type="file" data-entity-uuid="95244b24-4ce5-4bea-96cd-f55ab4d1f0d9" href="/new-apartments/ducale-teneriffe-33-wyandra-street-teneriffe"><img alt="Ducale" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-05%20at%201.29.00%20pm.png?VersionId=WrxduiGsZowxBZ0f.8qCqSpFu73ymftW" /></a>

The building includes provisions for EV bicycle charging and a future rooftop landing pad for drone deliveries atop the eight-level structure.

BYculprit drew inspiration from the colour and textures of Brisbane's vernacular and the Brisbane River, blending Italian heritage with the elegance of nature to evoke a sense of retreat and home.

“Ducale’s slender vertical form rests lightly on the urban streetscape deviating from the typical podium style architecture and establishing a more graceful architectural outcome,” BYculprit co-founder, Luke Henderson said.

<a data-entity-type="file" data-entity-uuid="cf662f40-7b12-4d0f-97fa-d39d1150fdde" href="/new-apartments/ducale-teneriffe-33-wyandra-street-teneriffe"><img alt="Ducale" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-05%20at%201.27.56%20pm_0.png?VersionId=bKEYjM_MtcGfxcwL4sEE.c2CRK93.ELo" /></a>

The comfort of the apartments extends to Ducale’s rooftop pool, state-of-the-art gym, and beautifully curated dining and entertaining areas.&nbsp;

The pet-friendly building also offers the option of serviced, interchangeable Dog Porch potties—transportable boxes of fresh grass for balconies.

Ducale follows closely on the heels of Maison on Moray Street at New Farm, a prior collaboration between Frank Developments and Graya.

The BYculprit-designed development offers one and two-level apartments with two and three-bedroom configurations starting from $1.1 million

Teneriffe apartment development Ducale hits 50% sold

Design-driven developer <a href="/developers/neometro">Neometro</a> has revealed its latest project.

Their luxury <a href="/developments/south-yarra-vic-3141">South Yarra apartment development</a>, <a href="/new-apartments/49-walsh-street-south-yarra-49-walsh-street-south-yarra">49 Walsh Street</a>, has just 10 two, three and four-bedroom apartments within the heart of Melbourne’s iconic Domain Precinct bordering the Royal Botanic Gardens, the Tan, the Yarra River and the CBD.

This historically significant part of the city boasts some of Melbourne's most iconic architecture. MORQ, the design firm behind <a href="/new-apartments/49-walsh-street-south-yarra-49-walsh-street-south-yarra">49 Walsh Street</a>, aimed to harmonise the development with its historic surroundings with a design that is grounded in timeless architectural principles.

[smartcode_project:default project_id=141589 project_image_fid=229317]

“We strive to design buildings that stand outside of time, untethered to any singular era, style or place," MORQ Director Andrea Quagliola said.

"Buildings that get this right can’t be reduced to a movement, fashion or label. There’s a sense of restrained monumentality in their simplicity that feels eternal."

The development, marking Neometro’s most high-end work to date, draws inspiration from natural light, geometry, and materiality.

[smartcode_project:default project_id=141589 project_image_fid=229320]

The ground-floor apartments provide a sense of seclusion and a strong connection to nature, featuring private courtyards with abundant greenery, two bedrooms and private entrances.

On levels one and two, enveloped by a canopy of trees and bathed in dappled light, the apartments include spacious main bedrooms, butler's kitchens and dedicated entry halls.

All apartments have generous living areas, well-appointed kitchens, laundry areas, and outdoor cooking and dining spaces.

MORQ's work is distinguished by a deep connection to Rome's historical heritage and an appreciation for its enduring European architectural design adapted to a modern Australian context.

[smartcode_project:default project_id=141589 project_image_fid=229323]

Residents at <a href="/new-apartments/49-walsh-street-south-yarra-49-walsh-street-south-yarra">49 Walsh Street</a> will enjoy a well-rounded and convenient lifestyle, surrounded by natural beauty like the Royal Botanic Gardens, Yarra River, Fawkner Park, and Albert Park Lake. Urban amenities, such as the restaurants and cafes that line Toorak Rd, <a href="/developments/south-yarra-vic-3141">South Yarra</a> Station, and The Como Centre Shopping Mall, are within a 20-minute walk from the property.

This project marks MORQ's first multi-residential project in Melbourne. The majority of their portfolio comprises luxury houses in Italy, earning them numerous awards and international recognition.&nbsp;

Their Floeat, Perth house, Cloister House, received the Marshall Clifton Award for Residential Architecture at the WA Institute of Architecture Awards in 2019. Additionally, a house they designed in Noosa secured the Building of the Year award at the 2015 Sunshine Coast Regional Architecture Awards by the Australian Institute of Architects.

<a href="/developers/neometro">Neometro</a> have been at the forefront of forward-thinking development since 1985 when they were founded by Jeff Provan and Barry Ludlow, who from the outset had a focus on providing striking new apartment developments across Melbourne.

Apartments at <a href="/new-apartments/49-walsh-street-south-yarra-49-walsh-street-south-yarra">49 Walsh Street</a> start at $3.975 million, with an estimated completion date set for July 2025.

[smartcode_project_cta:default project_id=141589]

“We strive to design buildings that stand outside of time, untethered to any singular era, style or place," MORQ Director Andrea Quagliola said

Neometro reveal luxury South Yarra apartment development, 49 Walsh Street

The Park Ridge area is poised for growth and development.

The Council envisions the area as a highly desirable place to live and work, taking advantage of its natural assets. With the recent upgrade of the Mt Lindesay Highway, Park Ridge has become a strategically positioned suburb with significant potential, despite being 30 kilometres away from the Brisbane CBD.

The Park Ridge Master Planned Area (MPA), according to the Logan City Council's vision, aims to develop as an integrated and sustainable urban community. The MPA is expected to accommodate a population of approximately 30,000 people and provide up to 8,000 jobs by 2026.

One developer tapping into the anticipate growth is Property &amp; Equity who have delivered a collection of 23 townhomes to the area.&nbsp;

[smartcode_project:default project_id=110047 project_image_fid=185736]

Wattlebrush Gardens offers a prime location that has attracted homebuyers and investors alike, situated near the entrance to the Mount Lindsay Highway.

Residents will benefit from the recent completion of the Logan Hospital expansion, a $145 million project, which has transformed the hospital into a state-of-the-art health facility, catering to the growing population in the southwest growth corridor.

Just over one kilometre away lies the Park Ridge Town Centre retail precinct, which features popular supermarkets Coles and Woolworths, as well as a range of specialty retail, food, and health stores.&nbsp;

For additional shopping needs, the Grand Plaza Shopping Centre in Brown Plains is a short seven-minute drive from Wattlebrush Gardens, offering a wide selection of stores.

[smartcode_project:default project_id=110047 project_image_fid=185739]

Educational facilities are also a hot commodity in Park Ridge, with Wattlebrush Gardens nearby to a number of schools.&nbsp;Park Ridge State High School and Park Ridge Primary are both within close proximity, as is Park Ridge Childcare and Preschool, a spacious centre situated on 2.5 acres of land.

Within a 20-minute drive, residents can reach renowned universities such as the University of Southern Queensland and Griffith University, Logan Campus, as well as the TAFE QLD Brisbane Loganlea Campus.&nbsp;

Three-bedroom townhomes are still available in Wattlebrush Gardens, with prices starting at an affordable point of&nbsp;$490,000.&nbsp;

[smartcode_project_cta:default project_id=110047]

Wattlebrush Gardens offers a prime location that has attracted homebuyers and investors alike, situated near the entrance to the Mount Lindsay Highway

Wattlebrush Gardens to take advantage of Park Ridge development

Fresh of securing development approval, <a href="/new-apartments/eden-garden-residences-20-bauer-street-southport">Eden Garden Residences</a>, perfectly positioned between the Nerang River and Southport's shopping hub, has launched to the market.

The BDA Architecture-designed development on the northeast corner of Bauer Street and Chester Terrace comprises eight levels with just 54 apartments starting from $760,000.

&nbsp;

Eden's design is characterised by its minimalistic and contemporary features, including softly curved balconies and vertical blade walls that gracefully transition into curved podium planters at the base. The building's simple podium base allows for cascading landscapes to spill over the podium edge.&nbsp;

[smartcode_project:default project_id=136286 project_image_fid=228935]

The facade incorporates lightly textured face brick and a combination of coloured and rendered concrete, resulting in a warm and natural aesthetic that compliments surrounding homes in this desirable location.&nbsp;

The interiors are thoughtfully designed, featuring modern fixtures with a touch of coastal textures. Practicality combines with aesthetics to provide a luxurious yet functional living space with a serene ambience.

<a href="/new-apartments/eden-garden-residences-20-bauer-street-southport">Eden Garden Residences</a> offer integrated home offices, secure basement car parking, private balconies connected to modern interiors, ground-floor amenities, and a communal rooftop terrace providing a panoramic 270-degree view of the Gold Coast, Broadwater, and the city skyline.

[smartcode_project:default project_id=136286 project_image_fid=228937]

Known for its scenic waterways and family-friendly Broadwater parklands which has recently had a major injection of $42 million, <a href="/new-apartments/southport-qld-4215">Southport</a> is perfect for young couples or families to settle and enjoy a relaxed yet connected and convenient lifestyle.

The suburb is located approximately four kilometres north of Surfers Paradise and afforded efficient public transport right at Eden's doorstep, connecting the area to the wider Gold Coast.

<a href="/new-apartments/southport-qld-4215">Southport</a> boasts one of the largest advanced healthcare facilities in Queensland and is home to Griffith University, and prestigious private schools and childcare facilities a stone's throw away from the property.

&nbsp;

[smartcode_project:default project_id=136286 project_image_fid=228942]

The nearby Ferry Road Markets stand out as a prominent shopping destination, housing a variety of retailers offering fresh produce, gourmet foods, fashion, and homewares. Meanwhile, Gold Coast’s many beaches are only a short drive from <a href="/new-apartments/eden-garden-residences-20-bauer-street-southport">Eden</a>.

With an abundance of outdoor amenities, including golf courses, botanic gardens, and a world-class marina, this well-equipped suburb cultivates a wonderful sense of community.

<a href="/new-apartments/eden-garden-residences-20-bauer-street-southport">Eden Garden Residences</a> is estimated to be completed in late 2025.

[smartcode_project_cta:default project_id=136286]

The BDA Architecture-designed development on the northeast corner of Bauer Street and Chester Terrace comprises eight levels with just 54 apartments starting from $760,000

Eden Garden Residences: Gold Coast's newest apartment development launches in Southport

Sydney unit values are approaching new highs after CoreLogic's national Home Value Index showed another month of growth for apartments and townhouses in the harbour capital.

Values rose 0.6 per cent over October, taking Sydney's 2023 unit growth to eight per cent.

Despite the median unit value ($832,000) being over $200,000 more than the next most expensive capital city unit median (Melbourne, $615,000), Sydney units have proven to be one of the best performing unit markets in the country over the year, third only to Perth (+9 per cent) and Brisbane (+9.8 per cent).

CoreLogic's overall index has been tracking upwards since&nbsp;finding a trough in January when the market bottomed out after losses over 2022 when the RBA started its rate tightening cycle.

The trend in advertised stock levels remains a critical feature of the market influencing housing trends, CoreLogic Research Director Tim Lawless says.

"After 10 months of below-average vendor activity, the flow of new capital city listings has ramped up through winter and spring to be almost 12 per cent higher than a year ago," Lawless says.

"Although total listings (ie new listings plus relistings) remain lower than this time last year and below the previous five-year average, it is clear that inventory levels are rising."

Sydney's advertised stock levels are 9.3 per cent up through spring.

<h2>What's happening in Sydney's off the plan apartment market?</h2>

Supply has too been one of the leading contributors to the success in the off the plan apartment market for the majority of 2023.

While in October there were <a href="/news/nsw/five-development-applications-submitted-across-sydney-in-october-2023">some&nbsp;significant development applications submitted</a> which will assist in the supply moving forward, the number of new apartment projects coming to market has been critically low.

Agents across Sydney are reporting that each segment of the market is moving.

Colliers National Director Blake Schulze says there's appetite for luxury apartments, middle tier stock, and the more price pointed units.

Schulze says it's still a strong owner-occupier market, but investor activity has started to pick up. Not so much by way of increase enquiry however, more so a higher conversion from investor enquiry to sale than there has been in a while. The investor purchasing hasn't necessarily been on the most price pointed stock either.

"Investors have a more owner-occupier mindset now," Schulze says.

"They're looking forward to owning it as a short-term investment, but something they will reside in in the future."

[smartcode_project:default project_id=21170 project_image_fid=231163]

Most of the buyers Schulze and the Colliers team are working with are off the plan buyers for the first time.

"A number of buyers have been priced out of the housing market, and are now looking at apartments as a viable option, and that's all phases of life, whether it be young professionals, young families, or even established families.

"Traditionally the lifecycle of homeownership is that you'd move into an apartment when you're young, move out and buy a house, then maybe downsize and move back into an apartment in later life. Now however, if the apartment is set up right, particularly in a masterplanned, placemaking way with well curated amenity and lifestyle, then the middle phase of that cycle is conducive."

David Highland's Highland Property sold nearly $200 million worth of apartments off the plan in October across their portfolio, holding 2,300 buyer inspections, which he says is an important metric to track.

"It shows buyers are out there, and if not yet transacting, they're starting their journey to do so," Highland said.

Highland recently relaunched Nautique in Rushcutters Bay, the large scale apartment building in the harbourside suburb in 13 years.

[smartcode_project:default project_id=108896 project_image_fid=180670]

He said the launch gave them a good gauge of what's selling.

"The launch showed there's demand from every segment, with sales from the low $1 million's to $15 million, and everything in between."

Highland says the top end of the market is "incredibly strong."

"Anything over $10 million is selling quickly. There’s not enough stock for this market and we’re getting significant enquiry for this type of product from downsizers. The middle market and investment level are too buoyant given the lack of supply across the majority of Sydney."

[smartcode_project:default project_id=108896 project_image_fid=229979]

That's been the case over in nearby Elizabeth Bay where Toohey Millers' debut project has seen three out of the five full-floor apartments sales snapped up just a few weeks into the launch. Sales ranged between $8.25 million and $13 million.

CBRE Residential / Stewart Residential's Ben Stewart has been marketing No.1 Onslow Avenue, saying the project has resonated with a number of different buyers.

"While nearly all of the enquiry has come from downsizers, it's not necessarily all been localized," Stewart says, noting that wile Elizabeth Bay, Potts Point and the nearby harbourside suburbs domianted enquiry, there's been interest from the Lower North Shore too.

[smartcode_project:default project_id=141600 project_image_fid=219763]

Stewart puts the success down to the limited supply in an area like Elizabeth Bay. He's also grabbed a couple of sales at&nbsp;Eurangi, the new MH Design Union block of just eight apartment on Bondi Beach's dress circle Campbell Parade.

"Much like Elizabeth Bay, there's only even going to be a limited amount of supply in these premium suburbs, particularly on the streets either on the beach or the harbour."

Stewart is about to launch Muse Potts Point, the joint venture between Toohey Miller and Third.i just off Victoria Street.

[smartcode_project:default project_id=112613 project_image_fid=231686]

The 13 apartments, designed by WMK Architecture and Mathieson Architects, capture significant harbour views from the higher apartments in the Brougham Street building.

"The great thing about Potts Point is it appeals to such a diverse market," Stewart says.

"There's nothing like Potts Point anywhere else in Sydney. It's got cosmopolitan amenity with a food and restaurant lifestyle, by the way, and the convenience of being to walk into work while looking at the harbour."

Values rose 0.6 per cent over October, taking Sydney's 2023 unit growth to eight per cent

City Beat October 2023: All markets transacting in the Sydney off the plan apartment market

Boutique Melbourne residential developer Gestalt is introducing a collection of modern three-level townhouses in <a href="/developments/kew-vic-3101">Kew</a>.&nbsp;

<a href="/new-apartments/clyde-street-kew-733-high-street-kew">Clyde Street</a> presents three apartments and 11 house-sized townhouses with various floor plans designed to cater to the different life stages of its future residents.

Each townhouse comprises three bedrooms, two bathrooms, two living spaces, a car garage, and a storage room – as well as all the shopping, dining, education and transport advantages of this coveted location at its door.

Read more:&nbsp;<a href="/news/vic/striking-kew-east-townhouses-clyde-street-launch">Striking Kew East townhouses Clyde Street launch</a>

[smartcode_project:default project_id=139984 project_image_fid=212839]

<a href="/new-apartments/clyde-street-kew-733-high-street-kew">Clyde Street</a> is conveniently located within walking distance of a tram stop at the corner of High Street, providing easy access to <a href="/developments/kew-vic-3101">Kew</a> Junction, Richmond, and the CBD, just fifteen minutes away.

Whether walking, driving or commuting by tram, Clyde Street is ideally placed to access the best of East Kew, its neighbouring suburbs and connections to the inner city.

Residents will also have easy connectivity by car with the Eastern Freeway close by and by bike along the Main Yarra Trail.

Heritage architecture and neighbourhood cafés, bars and restaurants dot the landscape. The closest options include Gilbert's, Kuche and The Bean Thief Cafe.

[smartcode_project:default project_id=139984 project_image_fid=212840]

Harp Village is only a four-minute walk for shopping and groceries, while the nearest Coles in Balwyn North is only a three-minute drive from Clyde Street.&nbsp;

Within a one-kilometre radius of the property, residents can find outdoor spaces for picnics, hiking, and sports. Stradbroke Park, including a playground and off-leash area, is a 15-minute walk east of Clyde Street, while the Anniversary Trail and Victoria Park are just 10 minutes from the site.

Further north across the Eastern Freeway is the Yarra River, the <a href="/developments/kew-vic-3101">Kew</a> East Tennis Club, Hays Paddock and <a href="/developments/kew-vic-3101">Kew</a> Golf Club.

[smartcode_project:default project_id=139984 project_image_fid=212849]

Given Kew's reputation for hosting some of the country's top schools, this project will likely attract family buyers. St Anne's School, Kew East Primary School and Kew High School are less than 500 metres from Clyde Street.

Jellis Craig Projects Director Stephen Bowtell says the townhomes offer everything a buyer could want, with a flexible floor plan for both families and downsizers to use as they wish.

"It ticks all the boxes. The convenience of dual living, a study, and multiple living areas. Clyde Street offers it all."

The development is scheduled for completion in January 2025.

Read more:&nbsp;<a href="/news/vic/the-architecture-has-grabbed-the-market-how-ma-architects-designed-kews-clyde-street-development">"The architecture has grabbed the market": How MA Architects designed Kew's Clyde Street development</a>

[smartcode_project_cta:default project_id=139984]

Clyde Street presents three apartments and 11 house-sized townhouses with various floor plans designed to cater to the different life stages of its future residents

How Clyde St townhouses fit into Kew's high street lifestyle

The first stage of&nbsp;<a href="/new-apartments/chapman-gardens-castle-hill-19-dawes-avenue-castle-hill-nsw-2154">Chapman Gardens</a> by CG Group, in the burgeoning <a href="/developments/castle-hill-nsw-2154">Castle Hill</a>, stands as one of the firswt&nbsp;completed off the plan apartment developments in the new $1 billion Showground Precinct.

<a href="/new-apartments/chapman-gardens-castle-hill-19-dawes-avenue-castle-hill-nsw-2154">Chapman Gardens</a>, situated on a substantial 12,000 sqm site on Dawes Crescent, comprises three buildings: The Chapman, Greenview, and Parkfront, all set within lush landscaping.

The first stage of the PTW Architects-designed project offers100 one, two, and three-bedroom duplex-style apartments, conveniently located just six minutes from the Hills Showground metro station. All up the three buildings, which will all be complete next year, will have 258 apartments.

[smartcode_project:default project_id=29359 project_image_fid=199352]

The apartments feature ample entertaining areas, high ceilings, and low-maintenance alfresco zones, with a select number of apartments boasting private courtyards and direct street access.

Chapman Gardens is the only development in the area that offers an exclusive park-front view of the future 6000 sqm Chapman Reserve.

The ongoing plan to expand the existing Chapman Reserve to 6,200 sqm ensures easy access to the park right at the residents' doorstep.&nbsp;

[smartcode_project:default project_id=29359 project_image_fid=207473]

Aside from the on-site reserve, Castle Hill is also renowned for its recreational offerings and abundant green open spaces, including picnic areas, walking tracks, and playgrounds, all conveniently close to this development.

Commuters, professionals and families of Chapman Gardens will be spoiled for choice when it comes to convenience.

Well-connected by public transport, commuters will only have to travel a short distance into employment hubs such as Chatswood and Parramatta. The Metro Station is a mere 7-minute walk, providing direct access to Norwest Business Park, Chatswood, and Sydney CBD.&nbsp;

[smartcode_project:default project_id=29359 project_image_fid=207482]

Evolved into a hotspot for middle and upper-middle-class families, Chapman Gardens offers residents the chance to reside in the affluent Showground precinct without compromising on affordability.

The Showground Planned Precinct will rise with future amenities like stores, cafes, supermarkets, and an entertainment hub adjacent to the new Showground Metro Station.

The Castle Mall Shopping Centre, Castle Towers and HomeCo Castle Hill also surround the property for more retail and dining options.

The proximity to highly ranked public schools and premium selective and private schools ensures that education is within reach. The state-ranked Baulkham Hills High School is located a short bus trip away, as well as numerous private schools.

[smartcode_project_cta:default project_id=29359]

Chapman Gardens, situated on a substantial 12,000 sqm site on Dawes Crescent, comprises three buildings: The Chapman, Greenview, and Parkfront, all set within lush landscaping

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