<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?

Nestled along the banks of the Yarra River – known as Birrarung in the local indigenous language – lies the charming suburb of <a href="/developments?title=south+yarra">South Yarra.</a>

Bordered by Punt Road to the east and extending south to Commercial Road, the delightful neighbourhood is flanked by the serene expanse of the Royal Botanic Gardens. Steeped in historical significance, <a href="/developments?title=south+yarra">South Yarra</a> remains a place of enduring importance to the First Peoples, who once hunted eels in the billabong, now preserved as part of the picturesque Ornamental Lake.

Divided between the City of Melbourne and the City of Stonnington, <a href="/developments?title=south+yarra">South Yarra</a> is home to 25,028 residents, with around 23 percent residing in the small section under the City of Melbourne's jurisdiction.

A thriving community, nearly 35 percent of the population falls within the age group of 25 to 34 years and predominantly opts for apartment living, enjoying the convenience and vibrancy of inner-city life.

Renting proves to be a popular choice in <a href="/developments?title=south+yarra">South Yarra</a>, with nearly 62 percent of residents renters, while just under 18 percent own their home outright.

The suburb's allure lies in its seamless integration of natural beauty and urban amenities, dotted with lush green spaces, iconic heritage buildings, and leafy residential streets.

<h2>Off the plan apartment development in South Yarra</h2>

In an area dominated by high-rise, high-density towers - such as Ecoworld International's sold out&nbsp;248-apartment tower Yarra One -&nbsp;Wattletree and Dorman Capital are looking to offer a more boutique product to <a href="/developments?title=south+yarra">South Yarra </a>with South Yarra House.

Read more:&nbsp;<a href="/news/vic/a-return-to-south-yarra-grandeur-and-refinement-how-sjb-designed-south-yarra-house">"A return to South Yarra grandeur and refinement": How SJB designed South Yarra House</a><a href="/news/vic/a-return-to-south-yarra-grandeur-and-refinement-how-sjb-designed-south-yarra-house">&nbsp;</a>

Delivering just 60 apartments across 20 levels, the $190 million is set for on one of the suburb's last remaining riverside sites on the Claremont Street dress circle.&nbsp;

[smartcode_project:default project_id=112970 project_image_fid=214718]

Just 300-metres from South Yarra House, another joint venture project is taking place, this one between Cbus Property and Sterling Global.&nbsp;

The duo had&nbsp;Hacer Group recently begin construction on the latest release in Como Terraces,&nbsp;with the Alexandra Collection featuring just 11 luxurious residences, each characterised by spaciousness and a frontage onto the tree-lined Alexandra Avenue and the Yarra River.

[smartcode_project:default project_id=112238 project_image_fid=208338]

Read more:&nbsp;<a href="/news/vic/construction-begins-on-south-yarras-como-terraces-latest-release">Construction begins on South Yarra's Como Terraces latest release</a>

<h2>What are the transport connections in South Yarra?</h2>

South Yarra boasts excellent transport links, making it a highly accessible suburb within Melbourne.

Train Services:&nbsp;Train services are a prominent feature of South Yarra's transport infrastructure. The suburb is served by South Yarra railway station, a major stop on Melbourne's train network. This station falls on the busy Pakenham, Cranbourne, and Frankston lines, ensuring seamless connectivity to the city centre and surrounding suburbs.

The upcoming Metro Tunnel Anzac Station will soon grace South Yarra, promising improved accessibility and reducing pressure on the bustling St Kilda Road – one of the busiest tram corridors globally.

Tram Services:&nbsp;Trams are another popular mode of transport in South Yarra. The suburb is well-served by several tram routes, including the bustling St Kilda Road, one of Melbourne's busiest tram corridors, offering frequent tram services, providing an essential link to the city's CBD and beyond.&nbsp;

Bicycle Paths and Shared Paths:&nbsp;For those who prefer cycling, South Yarra provides a cyclist-friendly environment. The suburb offers dedicated bike lanes and paths, encouraging sustainable transportation and promoting a healthy lifestyle.

Major Roads:&nbsp;South Yarra boasts excellent road connections. Major arterial roads such as Punt Road, Toorak Road, and Chapel Street traverse the suburb.

Walking: South Yarra is a relatively walkable suburb, with cafes and everyday conveniences dotted along more popular streets such as Chapel Street, while the meandering river provides a more serene outlook for walkers.&nbsp;

<h2>What are the best schools?</h2>

While just over 30 per cent of the South Yarra population are families with at least one child, the suburb is home to an array of quality schools.

1. Melbourne High School: Renowned for its academic excellence and strong emphasis on developing well-rounded individuals, Melbourne High School is a prestigious boys' selective school.

2. Melbourne Girls Grammar School: The prestigious all-girls school has a rich history and a strong reputation for providing a holistic education.

3. South Yarra Primary School: Located right in the heart of South Yarra, the public primary school offers a nurturing and supportive learning environment for young students.

4. Melbourne Grammar School: Founded in 1858, Melbourne Grammar School is one of Australia's leading independent schools. It offers co-educational learning from Prep to Year 6 and single-sex education from Year 7 to 12.

5.&nbsp;Scotch College: An esteemed boys' school with a long and distinguished history, Scotch College focuses on academic excellence, character development, and community engagement.

<h2>What are the best eateries?</h2>

Milton and the surrounds has also evolved into a haven for foodies, with the streets lined with an array of trendy cafes, eclectic restaurants, and bars that cater to various tastes.

Cafes:

1. Ned's Bake South Yarra:&nbsp;More than just a bakery, Ned's serves up a brunch menu that's been deemed too good not to try.

2.&nbsp;Abacus Bar &amp; Kitchen:&nbsp;A lush fig tree takes pride of place in this light-filled dining room. The all-day diner takes you from blue swimmer crab crumpets for breakfast, to slow-cooked beef cheek and Australian wines for dinner.

3. Lawson Grove Shop:&nbsp;Eat breakfast, then take lunch or a litre of milk home.

4. Market Lane Coffee Prahran Market:&nbsp;A cafe and roasting operation with a strong focus on education.

5. Darling Cafe:&nbsp;Whether you like raw greens or dessert for breakfast, this spot has it covered.

6. The Final Step:&nbsp;A tiny, friendly coffee shop with a charitable streak.

Restaurants:

1.&nbsp;Matilda:&nbsp;A bold, contemporary diner dedicated to cooking with fire and smoke, from the owner-chef of Estelle and Saint Crispin.

2. Yugen Dining:&nbsp;Rough-hewn stone walls, six-metre ceilings and glowing gold accents set the mood at this high-end Japanese restaurant in a basement.

3. Omnia:&nbsp;An elegant, produce-driven menu by a former Vue de Monde and Eleven Madison Park chef is the draw at this soaring European bistro on the ground floor of the Capitol Grand building.

4. Atlas Dining:&nbsp;Ambitious young owner-chef Charlie Carrington changes the cuisine every four months.

5. France Soir:&nbsp;Open since 1986, France Soir is one of Melbourne’s pre-eminent restaurants, with classic French staples&nbsp;from steak tartare to margret de canard.

<h2>Is South Yarra dog friendly?</h2>

No man left behind seems to be the motto when it comes to South Yarra, with pets welcomed across a number of spaces and venues around the suburb.&nbsp;

1. Fawkner Park: One of the most beloved green spaces in the area for dog owners to take their pets is the 41-hectare Fawkner Park, designed in 1862 and cherished by locals and visitors. The park's pathways are adorned with Moreton Bay figs, elms, poplars, and oaks, offering a serene escape from the city's hustle and bustle.

2. Pet-Friendly Cafes and Restaurants: South Yarra boasts a vibrant café and restaurant scene, and many establishments in the area are pet-friendly. Some cafes have outdoor seating areas where you can enjoy a meal or a coffee with your four-legged companion by your side.

A thriving community, nearly 35 percent of the South Yarra population falls within the age group of 25 to 34 years, and predominantly opts for apartment living

South Yarra: Inner city living on the fringe of Melbourne

Prominent Melbourne developer Golden Age has sold its 425-apartment project in Box Hill to Build-To-Rent specialist Local.

The pair will partner up on the $360 million, dual tower project at 517-521 Station Street Box Hill, the site of the former Whitehorse City Council car park.

With architecture and interiors by leading architecture and interiors firm Fender Katsalidis, the development sits at the heart of the suburb’s transformation area, above Golden Age’s new food, lifestyle and retail precinct known as SKY SQR. The expansive three-level podium and food precinct spans around 12,000 sqm. It has been designed by world-renowned Oval Partnership.

Residents will have access to 1,170sqm of outdoor green spaces designed by landscape architect Aspect Studios alongside a range of exclusive amenities. Residents will have access to an 80-seat co-working space, three private dining rooms, a 20m indoor pool, exercise and wellness studios, games and entertainment rooms, and pet wash and electric car share facilities.

Local Co-CEO Matt Berg said the growth in the market of Box Hill has been extraordinary, and they&nbsp;believe the location will endure through market cycles.

"We’re excited to be partnering with Jeff and his best in class team to deliver this project," Berg said.

The Box Hill development will be Local’s first BTR residential project outside Melbourne's inner-city ring. Construction will commence in Q1 2024, with residents moving in late 2025.

<img alt="Box Hill" data-entity-type="file" data-entity-uuid="bc8f05b8-4774-4469-a5d1-d9ec22ac117d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-31%20at%209.11.50%20am.png?VersionId=6TQo8yR502JGZYxc2wnaXuzKNgMaE3Os" />

With a strong local community and economy built on the back of the Eastern Health Precinct and the Box Hill Institute of TAFE, the area is positioned for incredible growth with the development of the suburban rail loop connecting key metropolitan activity centres with the outer suburbs of Melbourne.&nbsp;

Local’s Head of Capital Transactions, Chris Axsentieff, said the move shows Local’s commitment to providing much needed supply in well-connected inner to middle ring locations.

“With a growing need to deliver quality housing alongside access to education, employment and culture outside of the Melbourne CBD, Local is determined to deliver attainable projects in inner to middle ring locations so more renters can enjoy thriving suburbs like Box Hill, which are tightly held, established residential markets with amenity that appeals to a broad range of prospective residents,"&nbsp;Axsentieff said.

"We take a focused approach when considering our development sites, identifying the specific needs of an area and what value we can bring the local community.

"When we looked at Box Hill, we saw a close-knit, diverse community and strong local economy, which we want to build on. The current and future Box Hill infrastructure will continue to drive demand and is unique in Melbourne, being somewhat of a second CBD. We are excited to be partnering with Golden Age Group to create residential projects for new and existing residents to enjoy this vibrant and well-connected suburb.”

Golden Age Group Founder and Managing Director Jeff Xu said Local is the perfect partner to deliver the Build-to-Rent component of the Box Hill project.&nbsp;

“We have spent considerable time exploring and researching the right direction for this project to ensure it caters to the suburb’s ever-evolving needs. Box Hill is the perfect location for build-to-rent and we have always seen ourselves as a co-developer of Box Hill so it’s important every project aligns with the council’s strategic vision and the needs of current and future residents. Local’s commitment to community aligns closely with ours and collectively, we will deliver an unprecedented and iconic project to Box Hill, continuing to shape this vibrant suburb by providing a fresh offering.&nbsp;

“We are excited to be working with the calibre of industry professionals of Dan McLennan and Matt Berg who are distinguished leaders in their fields,” he said.

In line with Local’s ESG commitments, 37 apartments in the development are committed to impact housing. Local has successfully established a housing model delivering tangible social benefits whilst achieving commercial returns without the assistance of government support or tax concessions. It's impact housing model incorporates a minimum of 10 per cent social, affordable and specialist disability accommodation in each of its developments, to grow this to a minimum of 1,500 social and affordable homes over the next decade as part of its development pipeline target of over $5 billion.

Local Co-CEO Matt Berg said the growth in the market of Box Hill has been extraordinary, and they believe the location will endure through market cycles.



Golden Age to partner with Local on Box Hill apartment development

South Kingsville might only cover 0.7 square kilometres and have a population of 2,156, but the quiet suburb near Spotswood and Newport is attracting attention for its connection to everything Melbourne has to offer.

The suburb is in fact so small that two parks cover over eight per cent of its total area.&nbsp;

South Kingsville perfectly combines the trendy café culture of Yarraville with the beachside allure of Port Phillip Bay's fishing havens.&nbsp;

It was this blend that attracted Frater Group to the suburb for their latest townhouse development, Knew, just 32 townhouses which have recently been completed.

[smartcode_project:default project_id=95138 project_image_fid=246104]

The New Street project, which has two, three and four-bedroom townhouses on offer, was designed by&nbsp;IN8 Architects who created facades built on bold geometric lines and shapes and European-style terraces.&nbsp;

Knew residents have&nbsp;direct access to Patchwork Park, one of the two parks in South Kingsville. They're just 10 minutes away from the recently upgraded Edwards Reserve, which has a kid's playground and barbecues.

The exclusive South Kingsville address also offers residents proximity to an impressive selection of educational institutions, with 11 schools within a two-kilometre radius.&nbsp;

St Margaret Mary's School, Newport Lakes Primary School and Emmanuel College are some of the nearest schools to the property.

Westbourne Grammar and Heatherdale Christian College, which rank among Melbourne's top 50 VCE performers, are a seven-minute drive from Knew.

[smartcode_project:default project_id=95138 project_image_fid=204623]

The development also includes a new childcare centre managed by Community Children. The South Kingsville childcare centre allocates space for five children’s rooms and a cot room on the ground floor, especially for working families that need extended daycare.

As far as eateries go, there's everything from&nbsp;the award-winning Middle Eastern cuisine at Dukkah to delectable soul food BBQ at Burn City Smokers.&nbsp;

Motorino Pizzeria offers authentic Italian pizza, pasta, and gelato, while BlackSheep is a popular spot for breakfast and coffee—all within a ten-minute walk to Vernon Street.

[smartcode_project:default project_id=95138 project_image_fid=246099]

On the weekend, residents can tee off on the lush greens of Altona Lakes, Westgate and Stony Creek golf courses.

Perfect for picnics, birdwatching, and nature hikes with pets, the 33-hectare Newport Lakes Reserve is only a 10-minute walk from KNEW, with its dramatic dividing stones between the North and South Lakes and various walking tracks.

The townhouses are now ready to move in.

[smartcode_project_cta:default project_id=95138]

The suburb is in fact so small that two parks cover over eight per cent of its total area

South Kingsville: The unassuming Melbourne suburb that offers everything

Urban Develop has launched Burnley Maltings, a collection of new heritage terraces townhouses which will be developed as an&nbsp;adaptive reuse of the heritage-protected landmark building Barrett &amp; Burston Maltings in Burnley.

Over the years, the landmark building has undergone numerous transformations, evolving from Terry's Burnley Brewery in the late 1800s into the recently vacated Barrett &amp; Burston Maltings.

Today, it stands on the precipice of another remarkable transformation as Burnley Maltings takes centre stage.&nbsp;

<img alt="Burnley" data-entity-type="file" data-entity-uuid="e02681c8-3e84-4e8e-86b8-959dd61ad698" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-14%20at%203.03.22%20pm.png?VersionId=_e1mi2Vb.CkepDkcZuD0eQRQBXr0eQGC" />

Burnley Maltings comprises only 37 two and three-bedroom heritage and contemporary townhouses with a rooftop terrace overlooking uninterrupted views of the Yarra River, the CBD skyline, and glimpses of Melbourne's prestigious mansions along Alexandra Parade, South Yarra, and St Georges Road, Toorak.

The townhouses will surround the iconic Burnley heritage silos and a lush, green courtyard landscaped by the renowned Jack Merlo.

The architectural vision for this project is to acknowledge and celebrate the site's heritage while ushering in a new chapter of its storied existence.

<img alt="Burnley" data-entity-type="file" data-entity-uuid="8cdf47bb-82ee-4cb6-b764-de8abe5d5ce7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-14%20at%203.03.29%20pm.png?VersionId=cgj3P37kiigVboV43MChj8SXwlPpugj." />

Inspired by Burnley's urban, industrial, landscape, and residential heritage, Freadman White Architects integrated the heritage-protected grain silos and iconic facades on Gibdon Street and the Monash Freeway into the new architectural design, artfully modernised with contemporary elements such as large windows and vertical louvres.

Spanning an impressive 3,568 sqm, the Barrett &amp; Co Maltings site is only four kilometres from the CBD, at the centre of inner-city amenities, roads and parks and boasts extensive panoramic views—highly appealing attributes to prospective buyers in the Melbourne market.

<img alt="Burnley" data-entity-type="file" data-entity-uuid="e4d17258-e1ac-46ec-a3cd-0d90036215bb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-14%20at%203.03.39%20pm.png?VersionId=Ekfn8fOZHNE1uANwQPeT3opbUobdzPwl" />

Colliers agent Peter Bremner says it's probably one of the largest undeveloped titles in Burnley. It offers impressive views of the CBD skyline from higher levels and provides good panoramic views in all directions.

The Burnley Maltings Display, housed in the old caretaker's quarters, provides a compelling insight into how the project will marry contemporary living with historical preservation. Every aspect, from signage to display items, has been thoughtfully curated to align with strict heritage overlays, ensuring that the rich history of this site is revered and celebrated.

Burnley Maltings comprises only 37 two and three-bedroom heritage and contemporary townhouses with a rooftop terrace overlooking uninterrupted views of the Yarra River and the CBD skyline

Urban Develop launch Burnley Maltings

The luxury penthouses and sub penthouses in Ode, Double Bay, the high-end apartment development by Top Spring, have officially sold out, and with an average sale price of $20 million across the five residences.

Ode first set the sales record for Double Bay with its $24.9 million penthouse sale last year and since then has <a href="/news/nsw/top-spring-secure-double-bays-second-most-expensive-apartment-at-ode-double-bay">consistently achieved strong sales</a>.

Read more:&nbsp;<a href="/news/nsw/downsizers-splash-21-49-million-on-ode-double-bay-penthouse">Downsizers splash $21.49 million on Ode Double Bay penthouse</a>

The six-storey building, designed by celebrated Sydney architect Luigi Rosselli, is located in the village heart of Double Bay on Cross Street, best known for its restaurants and art galleries.

Construction <a href="/news/nsw/construction-commences-at-top-springs-ode-double-bay-apartment-development">commenced on the project</a> in July.

Top Spring Australia Managing Director, Sydney Ma, said buyers have been drawn to the Double Bay village lifestyle and Ode’s extraordinary blend of architecture, art and culture.

“Buyers recognise that Ode will become a sculptural landmark in Double Bay and is a defining point in its renaissance, bringing to life the symbiotic relationship between architecture and art,” Ma said.

“They also appreciate the meticulously curated interiors by Alwill that connects with the purchasers’ own sense of style and aesthetic, whether it be the curved wine wall or Rosselli's signature statement fireplace design.’’

<img alt="ODe Double Bay" data-entity-type="file" data-entity-uuid="da43b63a-7e40-4067-927b-d1ace1283dd8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-26%20at%202.58.30%20pm.png?VersionId=VnRR4U7YHh9wzAnbt8nu_aM0kcRjla5z" />

He said the final eight apartments, known as The Village Residences, were next to sell.

“The final release within Ode encapsulates the same level of design-thinking and personalisation as the penthouse collection, and connection to the vibrant village atmosphere,” Ma added.

“Ranging in size from 234 sqm to 309 sqm they are effectively the size of a single-level home, with the added security and privacy of apartment living.

“Each of the 15 residences has access to a dedicated on-site concierge who will curate a range of services and experiences including private meal deliveries from Double Bay institution Indigo, which is 
expanding into the building.

“The concierge service can also organise drycleaning, parcel collections, or theatre, restaurant and water taxi bookings. At its core is the concept of ‘giving time back’ so residents can enjoy more of the things they most desire to do.’’

<img alt="Ode Double Bay" data-entity-type="file" data-entity-uuid="270cb5e7-9144-4d55-9cf7-2022b4b4c59c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-26%20at%202.58.38%20pm.png?VersionId=hfbHLqYshi5utV4WNWHgi04hdmGW7SFH" />

Managing Director of 1st City Projects, Brad Caldwell-Eyles, said Ode’s architecture, location and extraordinary attention to detail captivated the attention of well-heeled buyers looking to downsize from 
their large harbourside homes.

“Travel plays a large part of the lives of our buyers, so Ode’s ability to deliver the size and comfort of a luxury home with security and a low maintenance ‘lock and go’ home in the heart of the Double Bay village has incredible appeal,” Caldwell-Eyles said.

“Ode’s dedicated concierge service and the inclusion of two outstanding restaurants – Indigo and Carte Café – also plays into the incredible lifestyle experience on offer.”

Prices in The Village Residences collection start from $9.7 million for a three-bedroom residence. Ode’s neighbouring sales gallery is open by appointment and includes Rosselli's signature statement fireplace design, timber and travertine floors, stone benchtops, and premium cabinetry.

Top Spring Australia’s other Sydney projects under construction include Munro House in Elizabeth Bay and The Newlands, a $600 million master planned community in St Leonards.

Top Spring Australia Managing Director, Sydney Ma, said buyers have been drawn to the Double Bay village lifestyle and Ode’s extraordinary blend of architecture, art and culture

Top Spring sell out Ode, Double Bay penthouses at an average of $20 million

Builder developer Buildkomm has officially launched GENOA Residence in Moorabbin, only a few months before construction is set to conclude.

GENOA Residence comprises 33 one, two and three-bedroom apartments across a five-level, low-rise building, located in the heart of the Bayside's neighbourhoods lively retail centre.

The new development, designed by BK World, offers various apartment sizes and layouts which will likely cater to both young professionals and families. Families will be particularly interested in the project given it's just two streets away from Southmoor Primary School.

[smartcode_project:default project_id=137028 project_image_fid=226734]

&nbsp;

Each unit features a gourmet kitchen with integrated Fisher &amp; Paykel appliances, modern tapware and tiling in the bathrooms, split system heating and cooling and video intercom systems. Each apartment also has a balcony which flows from the open plan living area.

Both the Highett and Moorabbin Train Stations are within a 30-minute walk from the Genoa Street project, while there's extensive bus services on South Road and the Nepean Highway.

&nbsp;

Residents however won't have to go far for local amenity.&nbsp;GENOA Residence is ideally located a stone's throw from the local village which has a Woolworths supermarket and a number of cafes and restaurants. Southland Shopping Centre is also just a seven-minute drive.

[smartcode_project:default project_id=137028 project_image_fid=226939]

GENOA Residence is located within close proximity to the Woolworths supermarket, Moorabbin train station, local village shopping, major arterial roads, Southland Shopping Centre, and the expansive Bricker Reserve.

Residents will also be just down the road from Bricker Reserve, which has sports grounds, a&nbsp;sporting pavilion, two playgrounds,&nbsp;landscaped gardens,&nbsp;outdoor exercise equipment and an off-leash dog area.

&nbsp;

These apartments are expected to be fully completed and ready for occupancy by November of this year. Potential buyers can take advantage of the current stamp duty rules and regulations before construction completes.

[smartcode_project_cta:default project_id=137028]

The new development, designed by BK World, offers various apartment sizes and layouts which will likely cater to both young professionals and families

Buildkomm launches GENOA Residence in Moorabbin ahead of Christmas completion

The laid-back atmosphere and the closeness to Gold Coast's best beaches, national parks and family-friendly areas continue to attract homebuyers to Burleigh Heads, one of Queensland's most sought-after coastal communities.

21 Property Group met the demand with the Burleigh Beach Houses, a&nbsp;limited collection of four-bedroom townhouses, each offering an oversized 330 sqm of living space spread across three levels.

[smartcode_project:default project_id=141528 project_image_fid=220051]

The beach houses capture the relaxed yet refined essence of Burleigh Heads with its understated weatherboard and rendered façade softened by lush greenery cascades from the garden beds above—symbolic of the surf, sand and national parks of Burleigh.

The location is one of the key components of Burleigh Beach Houses. It's ideally located to be just a five-minute walk from&nbsp;highly rated restaurants, bars and cafes, such as The Little Plate, Street Corner Espresso, Commune Cafe, and Crispy Italian Bar.

Heading five-minutes south of the townhouses, residents can shop their produce at the Village's Market and Burleigh Farmers Market every Saturday. The Burleigh Heads State School is also conveniently located in this vicinity.

[smartcode_project:default project_id=141528 project_image_fid=220042]

Across the street, residents can conveniently grab a snack from Pie Pie on their way to The Esplanade, which is just 550 metres away, or enjoy the cosmopolitan James Street cuisine scene approximately 900 metres from the property. Two kilometres further south lies the Stockland Burleigh Heads Shopping Centre, located in the industrial precinct of the suburb.

Directly across the road from Burleigh Beach Houses are the 700 and 765 bus stop routes, providing a convenient half-hour commute north to the Broadbeach South Station.

Beyond the dining and shopping convenience, Burleigh Beach Houses is surrounded by abundant natural features.&nbsp;

The iconic Burleigh Beach shoreline is just a short walk away. At the same time, for hiking enthusiasts, the Burleigh Ridge Park and Burleigh Head National Park offer various trails like the Rainforest Track, Ocean View Lookout Track, and Ocean View Track within a 10-minute drive.&nbsp;

For a more relaxed experience, families can ride their bikes to Burleigh Lake, where parents can enjoy a steaming cup of espresso at Lakeview Espresso or a picnic with the whole family at Lake View Park.

Construction completion of Burleigh Beach Houses is slated for the second quarter of 2024.

[smartcode_project_cta:default project_id=141528]

Burleigh Heads is one of Queensland's most sought-after coastal communities

Laidback coastal luxury: How Burleigh Beach Houses offer the best of Burleigh Heads

Deicorp's highly anticipated Downtown Zetland project is rapidly taking shape, with recent construction updates revealing significant milestones that have investors and potential homeowners buzzing.

Andrew Coleman, Deicorp's Construction and Development Executive, said Building A's entire concrete superstructure is set to be completed by December, with works across the other building's also progressing well.&nbsp;&nbsp;

[smartcode_project:default project_id=7106 project_image_fid=215764]

Building B, another integral part of the development, has reached a noteworthy milestone as well.

"Concrete structure works have been topped out, up to the roof level, on Building B," Coleman said.

“External face brickwork and installation of windows has advanced up to Levels 5 and 6. Finishing trades are now preparing to commence on ground floor and lift lobby areas.”

The attention to detail extends below ground as well. Residential storage cages and high-level drainage systems are being fitted to all basement car parking areas.

[smartcode_project:default project_id=7106 project_image_fid=215744]

Downtown has experienced strong buyer demand from both owner-occupiers and investors.&nbsp;As the project nears its completion, inquiries and sales continue to surge.

There's now just 20 apartments left to sell in Building B and Building C, with a strong demand from both investors and owner-occupiers.

Designed to reflect the urban energy of Zetland, Downtown boasts four distinct buildings crafted by renowned architects MHNDU and BVN Architects.

&nbsp;

[smartcode_project:default project_id=7106 project_image_fid=215773]

Offering a range of floor plans, including open-plan two-level apartments with off-street access, the project is set to deliver a total of 546 apartments upon completion.

The buildings are ingeniously connected via laneways, creating a vibrant village where residents can enjoy the utmost convenience, while rooftop gardens offer tranquil spaces surrounded by lush landscaping, providing residents with a peaceful retreat in the heart of the city.

[smartcode_project_cta:default project_id=7106]

There's now just 20 apartments left to sell in Building B and Building C, with a strong demand from both investors and owner-occupiers

Deicorp progress toward major milestone at Downtown Zetland apartment development

North Sydney is set to welcome a new apartment development with Chinese developer Wu Investments soon to launch&nbsp;Serendipity, a collection of 29 apartments near North Sydney's Northpoint Tower retail hub.

Prices will start from $1.23 million for the one-bedroom apartments with a study at 5 Doohat Avenue. The two-beds, also with a study, are priced from $1,765,000, and the three-bedroom apartments from $3.09 million.

Wu Investments already have a builder appointed,&nbsp;Novati, who will begin construction next year. The four-level building has been designed by&nbsp;Mackenzie Architects International, with interiors by Tesser Arch and landscaping by Conzept Architects.

One of the drawcards of the project is the location, just a 10-minute&nbsp;walk to North Sydney station, Greenwood Plaza, and the North Sydney metro, due to be completed Q2 of 2024.

Ray White Projects Western Sydney Managing Director Mark Bernberg expects high demand for the boutique apartments situated in a quiet street.&nbsp;

"Sitting amongst close distance to medical, school and transport and a short walk to Sydney CBD, Serendipity is a reflection of the strong market we’re seeing for off-the-plan projects," Bernberg says,

Bernberg says buyers are now looking to transact with interest rate hikes all but over.

"There has been a lot of uncertainty surrounding interest rates, with people sitting on their hands and not willing to commit. What we’re starting to see now is confidence in both home buyers and investors as we realise that interest rate hikes are unlikely with the most likely move next year being downward.

"We’re in a unique position with our off the plan project, with North Sydney looking to grow year on year and interest rate rises coming to a stop, investors and home buyers can see strong ROI and positive rental history and high capital growth opportunities.&nbsp;

&nbsp;

North Sydney has seen a sales turnover of 4.4 per cent in the past 12 months, with an annual 10-year compound growth rate at a steady 4.2 per cent and a 3.3 per cent rental yield.

The average person holding their property for 12.2 years shows strong opportunities for investors.&nbsp;

&nbsp;

Wu Investments have previously developed in the North Shore before, completing&nbsp;Thirty 8 Albert Avenue, a mix of apartments, a 100-room hotel, and an eye hospital, back in 2015.

Ray White Projects Western Sydney Managing Director Mark Bernberg expects high demand for the boutique apartments situated in a quiet street

Serendipity, North Sydney apartment development, to launch

Bondi Junction is set to receive one of its first ever full-floor apartment developments with the launch of Landmax Group's Waverley Residences.

Waverley Residences, half way between the heart of Bondi Junction and Waverley Park at 40 Waverley Street, will have eight full floor apartments, each with either two or three-bedrooms.

Designed by Sydney-based architecture and interior design firm DStudio, the interiors use warm, rich materials and a modern palette with cutting-edge smart features and a premium suite of Miele appliances.

Each of the apartments feature an open plan kitchen, living and dining area designed for entertaining. This space, which also includes a built-in study nook, opens to an outdoor terraces, some of which have glimpses of the ocean.

<img alt="Waverley" data-entity-type="file" data-entity-uuid="98f8ae61-6783-4efe-bfec-3281c17468f5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-25%20at%2010.57.54%20am.png?VersionId=VFQbFf.x.Z3qSLNRpsA4OIRga2j.S_0j" />

The bathrooms feature sculptural stone, Parisi brushed brass tapware and freestanding baths. Each apartment comes with at least one parking space

The rooftop offers a communal outdoor entertaining area with a firepit and views of the Sydney Harbour.

Waverley Residences is ideally located near Bondi Junction, the transport hub of the eastern suburbs.&nbsp;Bondi Junction train station is just 700 metres away, with restaurants, retail and one of Australia's largest Westfield shopping centres even closer.

<img alt="Waverley" data-entity-type="file" data-entity-uuid="e5b7ad4d-0c46-4055-a1bc-30408f76b0d6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-25%20at%2010.59.06%20am.png?VersionId=dkAujqIp6VkwJc4dr8swfHzgOBuxkQ8n" />

There's significant nature nearby in the form of Centennial Park, Queens Park, and Bondi Beach, all within close proximity to the project.

CBRE Residential Projects are marketing Waverley Residences.

Bondi Junction doesn't often see new off the plan apartment developments. The only other apartment project in Bondi Junction which is currently in market is Centennial Collection, the two-tower development by Stargate Property.

That's now under construction having achieved strong presales to locals within a three kilometre radius, as well as some interest from the North Shore.

Waverley Residences, half way between the heart of Bondi Junction and Waverley Park at 40 Waverley Street, will have eight full floor apartments

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