<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?

The Melbourne-based developer Little Projects has secured approval for its redesigned its Broadbeach apartment tower Aperture, which had been knocked back at council.

Now unnamed, the project&nbsp;at 20 Mary Avenue, on the border of the Broadbeach State School, has been successfully redesigned by Plus Architecture following initial designs by Elenberg Fraser which were refused.

They've cut it in half from its 34 levels to just 18, and created a more curved facade.

<a data-entity-type="" data-entity-uuid="" href="/new-apartments/broadbeach-qld-4218"><img alt="First look: Little Projects redesign luxury Broadbeach tower to meet council pushback" 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/inline-images/Screen%20Shot%202022-10-18%20at%208.46.01%20am.png?VersionId=ncLyeEvmWBG7NpCI5vbRiqHwbpgBteQi" /></a>

It will still be as high-end as it was previously, just with fewer levels and apartments. Instead of 29 full floor and double-storey apartments, it will now be 17 full-floor apartments across 18 levels.

Level one will still home the resident facilities. There will be a pool, spa, barbecue area, and a gym with sauna and steam room.

From levels two to 18 will be 17 full-floor apartments, with three bedrooms each across its 158 sqm floorplate. There will be a further 13 sqm of balcony.&nbsp;

<a data-entity-type="" data-entity-uuid="" href="/new-apartments/broadbeach-qld-4218"><img alt="First look: Little Projects redesign luxury Broadbeach tower to meet council pushback" 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/inline-images/Aperture.jpg?VersionId=qKgruOANowoiDwi13BEtM5.JQiH6Hxhv" /></a>

The new plans for 20 Mary Avenue, left and right, and the former plans, centre

Little Projects, headed by Paris Lechte and Leighton Pyke, have had success in Broadbeach before, selling out their nearby development Signature before it was completed.

They also have a development application sitting nearby for another high-end tower at 118 Old Burleigh Road. Expected to be in a joint venture with fellow Melbourne developer R.Corp, they are wanting to develop 33 apartments across&nbsp;37 levels on the corner of Old Burleigh Road and Australia Avenue.

<a data-entity-type="" data-entity-uuid="" href="/new-apartments/broadbeach-qld-4218"><img alt="First look: Little Projects redesign luxury Broadbeach tower to meet council pushback" 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/inline-images/Screen%20Shot%202022-10-18%20at%209.22.32%20am.png?VersionId=9ToZ2k3HNZ4xvIe2m5ISWSUCW5hgg_lr" /></a>

It will tower over the neighbouring Ocean Royale and Boulevard Tower, which are 16 and 17 levels respectively. They are also more focused on short-term accomodation apartments, whereas the new project, dubbed One Australia, will be another by Little Projects targeting the high-end owner-occupier.

<a href="/news/dko-architecture-on-the-changing-face-of-hotel-design" target="">DKO Architecture</a>&nbsp;has put forward the designs for the slender tower, which will have full floor apartments, with 218 sqm of living space, from level two to level 33. Above will be a three-level penthouse with its own rooftop pool.

Little Projects, headed by Paris Lechte and Leighton Pyke, have had success in Broadbeach before, selling out their nearby development Signature before it was completed

Little Projects secure approval for redesigned luxury Broadbeach apartment tower

Billionaire Harry Triguboff's&nbsp;<a href="/developers/meriton" target="">Meriton</a>&nbsp;has been given the green light by the Gold Coast City Council for its three-tower apartment development, Cypress.

They're set to add another 1,000 apartments to the Surfers Paradise skyline, finalizing plans for their fourth, fifth and six towers in the heart of the tourist district in recent years.

During proceedings of the Committee Meeting, Deputy Mayor Dona Gates said "I just want it to be noted that their investment [Meriton] doesn't go unnoticed and will help us meet our requirements in regard to housing supply."

Cypress will be&nbsp;Triguboff's 21st high-rise development on the Gold Coast, having first visited the now thriving tourist mecca six decades ago.

“I have loved the Gold Coast since my first visit in the 1960’s, and after all my travels internationally, I still believe the Surfers Paradise beachfront is one of the best in the world," Triguboff told Urban.

“I have been very passionate about designing and delivering buildings that are in tune with the ocean and the golden beach that is just metres away.”

Following on from Ocean and the two-tower Iconica both on The Esplanade,&nbsp;<a href="/developers/meriton" target="">Meriton</a>&nbsp;will add a further three towers in their new development Cypress, at&nbsp;3346 Surfers Paradise Boulevarde, on&nbsp;top of the Cypress Ave G-Link light rail.

The nine site, 8083 sqm amalgamation spreads across Surfers Paradise Boulevarde, Palm Avenue, and Cypress Avenue, the latter which inspired the project name.

Cypress will sit one street away from&nbsp;<a href="/developers/gurner" target="">Gurner</a>'s approved La Pelago and two streets from SPG's approved Paradiso Place.

<img alt="First look exclusive: Meriton propose three-tower Surfers paradise apartment development, Cypress" 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/inline-images/Screenshot%202023-04-20%20at%204.04.11%20pm_0.png?VersionId=5jsv8prADyG49yqZ6VMF19wZ.uNJ96D7" />

Triguboff says, recalling on some of his earliest developments, that he didn't think he'd ever be able to purchase a site like this one.

“<a href="/developers/meriton" target="">Meriton</a>’s first Gold Coast towers were Florida in Surfers Paradise and the Nelson at Paradise Waters at the start of the 1980’s, almost 40 years ago. Xanadu in the late 1990’s and Pacific Views in 2002 on the western side of&nbsp;<a href="/developments/main-beach-qld-4217">Main Beach Parade</a>&nbsp;that overlooked the Pacific Ocean continued our high-rise love affair with the Gold Coast.

"Little did I know that one day I would have the opportunity to purchase a site that is so dear to me, arguably the most central land in Surfers Paradise and design a trilogy of the country’s tallest towers."

There will be 994 apartments across the 73 and 80-level towers. The smaller 53-level tower will home 327 serviced apartments. Each of the three towers feature a rooftop garden with a pool and a gym space.

<a href="/developers/meriton" target="">Meriton</a>&nbsp;had DBI, who designed their Iconica project nearby, have taken the architectural reigns for Cypress.

They said in their design statement submitted to the Gold Coast City Council that the design of the three towers aims to create a bold and iconic presence as a gateway site to the Gold Coast CBD, while incorporating subtropical principles and street activation.

"The integration of the design elements creates a unique and vibrant addition to the Surfers Paradise skyline, creating a landmark destination for both residents and visitors," the local architecture firm noted.

"The towers are designed to maximize the potential of the site, with careful consideration given to the orientation, views and access to natural light and ventilation."

<img alt="First look exclusive: Meriton propose three-tower Surfers paradise apartment development, Cypress" 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/inline-images/Screenshot%202023-04-20%20at%204.13.33%20pm.png?VersionId=b2HAs.i6LO4m6HqFJYvWZfjsjY9oRBJw" />

DBI said one&nbsp;of the key design features of the towers is the slab projection facing the streets, which creates a strong visual connection with the surrounding urban fabric.

"This design element not only provides shading and environmental control to the towers but also creates a sense of scale and texture, breaking down the massing of the towers and providing a&nbsp;<a href="/news/the-human-scale" target="">human scale</a>&nbsp;to the development."

"A golden spine acts as a unifying&nbsp;element that ties the towers together, providing a strong visual presence on the skyline. The spine is also designed to provide shading and environmental control to the towers, while also serving as a sculptural element that adds to the overall aesthetic and elegance of the development."

The five-level podium engages with the street level and will feature a mix of retail, dining, and entertainment spaces.

There's an elevated pool on level six, designed in a lagoon style to take advantage of the subtropical climate.&nbsp;

<img alt="First look exclusive: Meriton propose three-tower Surfers paradise apartment development, Cypress" 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/inline-images/Screenshot%202023-04-20%20at%204.13.41%20pm.png?VersionId=H.7MZ8g2O45FNyMwQjYtbdB4TkNNfU7m" />

"The sculptural elements of the podium create a cohesive design language throughout the development, adding to its elegance and sophistication," DBI added.

"The towers are deeply rooted in subtropical principles, with careful consideration given to sun and wind orientation, thermal mass, natural ventilation, and shading. The towers are designed to provide a comfortable and sustainable living environment for residents and guests while minimizing their environmental impact."

<a href="/developers/meriton" target="">Meriton</a>&nbsp;have long had a reputation as one of the most prominent developers across New South Wales. Their most recent developments near the Glitter Strip have been Ocean by&nbsp;<a href="/developers/meriton" target="">Meriton</a>&nbsp;at 84 The Esplanade, a soaring 76-level tower with 722 apartments. That's now 85 per cent sold, with just 40 apartments remaining in the completed project.

Down the road they more recently launched ICONICA by&nbsp;<a href="/developers/meriton" target="">Meriton</a>, a further 637 apartments across two&nbsp;50 and 70-levels at 152 The Esplanade. Works recently began on the prime site opposite the beach.

Cypress will be Triguboff's 21st high-rise development on the Gold Coast, having first visited the now thriving tourist mecca six decades ago.

Meriton get sign off for three-tower Surfers Paradise apartment development Cypress

Following the success of Park House, the first stage of Highett Common, Sunkin has launched its townhouse collection as part of the sustainable masterplan.

Sunkin unveiled the townhouses at a grand launch event Saturday October 21 at the Highett Common Display Suite at 37 Graham Road in Highett. The three and four-bedroom townhouses have been designed to target the family buyer. Each will have either two or three levels, and a rear landscaped garden off the main open plan kitchen, living and dining area.

[smartcode_project:default project_id=143259 project_image_fid=243951]

The kitchen has been kitted out with a 900 mm SMEG induction cooktop and oven, induction because the Highett Common masterplan is seeking to be Victoria's first Net Zero Community.

The bedrooms are located privately upstairs, while Sunkin expects the majority of buyers to use the third of fourth bedrooms as a multi-purpose room which might suit a second living area, home office, or media room.

[smartcode_project:default project_id=143259 project_image_fid=243950]

Every townhouse features independent entry off the street, and internal access from the lockable private garage.

The three-bedroom townhouses start from $1,614,000. Sunkin are also releasing a handful of three-bedroom loft apartments from $1,401,600.

Part of the townhome reveal is the next stage of resident amenity, which comes in the form of an indoor pool, to complement the outdoor pool revealed in stage one, and a wellness hub with a state-of-the-art gym and yoga space, and a new library for residents.

[smartcode_project:default project_id=143259 project_image_fid=243948]

Residents can book the wide range of amenity through Highett Common Connect, a mobile or laptop app which will be updated with&nbsp;community events, connections to social clubs and sport and fitness groups, and integrations with smart home automation.

Park House, which comprises two buildings and 165 apartments, is already over 60 per cent sold.

Sunkin have reserved over 40 per cent of the 10-hectare masterplan for open spaces, with parks, playgrounds, and landscaped outdoor areas the cornerstone of the precinct.

The $500 million masterplan will home over 1000 residences when completed.

[smartcode_project_cta:default project_id=143259]

Sunkin will unveil the townhouses at a grand launch event Saturday October 21 at the Highett Common Display Suite at 37 Graham Road in Highett

Sunkin launch townhomes at Highett Common after Park House success

Developer Iris Capital has joined the growing number of developers bringing construction in house.

Approaching completion of early construction works by CF Group, the Sam Arnaout-led developer will be building the next stage of construction of its much anticipated two-tower development Victoria &amp; Albert by itself.

They've announced Iris Built, already fully licensed with the QBCC. They've assembled an experienced and dedicated Tier 1 construction team with extensive major project experience to focus fully on the delivery of V&amp;A.

[smartcode_project:default project_id=107928 project_image_fid=184933]

Local project manager Eastview Australia had been working away trying to identify builders who have the experience and strength to deliver the next phase of construction,

The Iris Built team will continue to work closely with Eastview Australia, an experienced project management business that has been delivering major high-rise developments on the Gold Coast for over 20 years.

This structure will allow the project to be delivered to the highest possible standards, with an Iris Group business acting in the capacity of builder.

[smartcode_project:default project_id=107928 project_image_fid=208685]

Over half of the 399 apartments in Victoria &amp; Albert have sold.

The apartments have been designed by renowned&nbsp;<a href="/architects/dbi">architecture firm DBI</a>, who drew inspiration from the coastal environment.

V&amp;A is being built in the heart of&nbsp;<a href="/new-apartments/broadbeach-qld-4218">Broadbeach</a>, on the old Niecon Plaza site, which has been demolished. The towers will sit atop a $200 million commercial, retail and fresh food precinct.&nbsp;Colliers sales agent Paul Putsay says the commercial offering has&nbsp;particularly resonated with buyers from Melbourne and Sydney, who appreciate the convenience and vibrancy offered by a vibrant commercial hub.

[smartcode_project:default project_id=107928 project_image_fid=198884]

V&amp;A will also feature&nbsp;a 25-metre lap pool with an outdoor dining and barbecue area, a spa and steam room, a Zen garden, a yoga deck, a boutique resident's lounge, and a kid's club area with a playground, all surrounded by sub-tropical gardens.

The project also includes a residents sky lounge on the top level of the Victoria tower, complete with luxury dining, lounge, wellness, and work zones, taking in ocean and city skyline views.

[smartcode_project_cta:default project_id=107928]

Local project manager Eastview Australia had been working away trying to identify builders who have the experience and strength to deliver the next phase of construction

Iris Capital create construction arm to build Victoria & Albert Broadbeach apartments

Located on Templestowe’s golden mile, Serpells Place is the work of Hub Property Group, Hewson and Gacesa.&nbsp;

The joint venture engaged Kavellaris Urban Design to curate the 20-apartment project, with the Cremorne-based architect firm's Director, Billy Kavellaris at the helm.&nbsp;

[smartcode_project:default project_id=34209 project_image_fid=196184]

Crafted to command the streetscape whilst honouring its esteemed location, the building features a bold and engaging facade design, with clean lines and robust materials juxtaposing with the vibrant greenery of the landscape.

To the middle level, the building is softened by fluid curves, imbuing a sculptural quality that is only enhanced by cascading vines, while expansive glazing allows abundant natural light into the homes whilst allowing for a connection to the landscaping and surrounding views.

“A composition of contemporary form, enduring materiality and generous scale, the architecture of Serpells Place has been born out of a commitment to excellence.” Kavellaris said.

Renowned for its rolling hills, abundant landscaping and mature trees,&nbsp;Kavellaris drew great inspiration from the location of Serpells Place.

[smartcode_project:default project_id=34209 project_image_fid=196185]

"Serpells Road is one of the most esteemed streets in Templestowe. It’s wide, filled with trees and has a beautiful link to the past, lined by large acreage properties," he said.

"We took elements of the area and then metaphorically put them together to create something that is dynamic and engaging. There’s a lot of fluid forms and a nice combination of organic and industrial materials. There’s also beautiful facade articulation, with three layered planes that present individual design moments to create one unified gesture."

"Also, every residence is huge – they’re essentially home-style residences,"&nbsp;Kavellaris added.

Large openings create a physical connection to the outdoors, while the expansive terraces, which adjoin to each of the homes, further connect Serpells Place to its surrounds.&nbsp;

[smartcode_project:default project_id=34209 project_image_fid=196193]

"There’s also visual connections from living spaces, which look out to the landscaping and surrounding views. And then we have large light courts that allow sunlight and ventilation in through two sides of the residences, which is really quite rare," Kavellaris said.

Through envisioning the interiors and exteriors as a combined concept, the architecture seen from the streetscape is transported inside.&nbsp;

"Whenever we design a building, there’s a language we explore on the outside, and then we pick up on these cues internally. It might be in the materials, the textures, or a form. The idea is that as you walk in, there’s a language and a story that unfolds in a linear way."

Whilst designing the interiors, KUD took cues from the facade to create a seamless, free flowing transition between in and out. Favouring soft textures, natural materials and cool tones, the finishes palette has been carefully curated to cultivate a rich and harmonious sensory experience, enhanced by plentiful natural light.

[smartcode_project:default project_id=34209 project_image_fid=196186]

“No expense was spared for the finishes and fixtures of Serpells Place. Enhanced by expansive living spaces, the level of quality and craftsmanship speaks for itself."

The pièce de résistance is the sophisticated chef’s kitchen, where you’ll find features of everyday luxury including a sleek wine fridge, state-of-the-art appliances, a butler’s pantry and a bar area.

"The kitchens are probably bigger than what you’d find in a residential house. They’ve got extensions of bars and their own butler’s pantry as well as heaps of storage. These residences are for people who want spacious, high-quality design with the low maintenance lifestyle of an apartment."

The striking island bench has been designed to emulate the soft curves of the facade, adorned in an elegant and durable grey marble.

[smartcode_project:default project_id=34209 project_image_fid=196188]

Sophisticated yet comfortable, the open-plan living area is a haven for unwinding or entertaining. Here, soaring windows provide seamless outlooks to the landscaping, encouraging residents to feel as if they are wholly immersed in nature.

Sliding doors collapse the boundaries between in and out, allowing the terrace, living, dining and kitchen areas to become one all-encompassing sanctuary.

"Afforded with timber floorboards, there is a warmth to this space that evokes the essence of a home, complemented by an opulent fireplace for cosy nights in during the colder months of the year,"&nbsp;Kavellaris concluded.

[smartcode_project_cta:default project_id=34209]

How KUD's Billy Kavellaris designed the Templestowe apartments, Serpells Place

Developer SIDG has sold one of its penthouses in its St Kilda Road apartment development <a href="/new-apartments/park-quarter-melbourne-474-st-kilda-road-melbourne">Park Quarter</a> for $13 million.

LAWD Director Henry Burbury negotiated the sale of the north west-facing penthouse on behalf of Danny Thomas, a senior director at LAWD who specialises in agriculture and farm sales.

<a data-entity-type="file" data-entity-uuid="6cb40a3a-433e-4613-b4be-daf0340d6e35" href="/new-apartments/park-quarter-melbourne-474-st-kilda-road-melbourne"><img alt="Park Quarter" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-19%20at%2010.33.05%20am.png?VersionId=ansT6EQoz1AebgXgxBJnC2C9EXx2jlC6" /></a>The luxury wine room in the penthouse. Image supplied

Burbury says it's the best penthouse on offer at the 18-level building, given its north west views capture both the city and Albert Park and will never be built out. the rooftop has a private terrace with a swimming pool.

The penthouse is one of four in the $170 million tower which SIDG launched in March.

Read more:&nbsp;<a href="/news/vic/park-quarter-launches-on-melbournes-sought-after-st-kilda-rd-precinct">Park Quarter launches on Melbourne's sought-after St Kilda Rd precinct</a>

<a data-entity-type="file" data-entity-uuid="796cb0df-7f7e-4492-9d52-1bb3fcb4d82e" href="/new-apartments/park-quarter-melbourne-474-st-kilda-road-melbourne"><img alt="Park Quarter" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-19%20at%2010.32.49%20am.png?VersionId=9Of4Mc6j6zc4ZnImZ3eFU1_ynANRrFdw" /></a> 
The living area of the penthouse with sweeping Albert Park views. Image supplied

Park Quarter is now over 60 per cent sold and the team at SIDG are in the final stages of appointing a builder for the project, which they expect to start construction on next year and complete in 2026.

There are 244 apartments in total at <a href="/new-apartments/park-quarter-melbourne-474-st-kilda-road-melbourne">Park Quarter</a>, which start from level six. They will sit atop a Marriott Executive Apartment, one of the first in Australia. The building has been designed by COX Architecture, with interiors by DKO.

[smartcode_project:default project_id=134959 project_image_fid=210773]

Residents of <a href="/new-apartments/park-quarter-melbourne-474-st-kilda-road-melbourne">Park Quarter </a>can have access to all of the hotel amenity through a club membership subscription, but they'll also have their own amenity. They will have everything from a 24/7 concierge, a pool, gym, and co-working spaces, to a theatre room and a golf simulator, plus pet wash room, mud room equipped with high pressure wash machine, and smart parcel lockers.

Earlier this year we caught up with Colliers Director Zoe Powell, who is in charge of sales at Park Quarter. She said residents can opt in or out of the extensive amenity on offer in the building, which can lower their strata fees.

Read more:&nbsp;<a href="/news/one-of-melbournes-first-project-launches-in-three-years-unpacking-sunnylands-park-quarter-with-colliers-director-zoe-powell">One of Melbourne's first project launches in three years: Unpacking Sunnyland's Park Quarter with Colliers Director Zoe Powell</a>

Park Quarter is now over 60 per cent sold and the team at SIDG are in the final stages of appointing a builder for the project

SIDG secure $13 million penthouse sale at Park Quarter on St Kilda Road

It was 2017 when prominent developer Kokoda Property swooped on what was an amalgamation of old brick buildings and warehouses.

Before they even purchased the site, which had been their largest acquisition in their 18-year history at that point, they knew the importance of what they were going to develop, and the impact it would have on the local community.

Kokoda appointed heritage consultant Lovell Chen early in the peace to work out exactly how they could keep the grandeur of the vast 4,720 sqm site.&nbsp;Some elements of what was on the vast development opportunity were almost as old as the suburb itself.

It was banker and pastoralist John Gardiner, among others, who settled Malvern back in 1835. The land was named Malvern by barrister and land developer Charles Skinner, after his ancestral home, Malvern Hills, in England.

Read more:&nbsp;<a href="/news/vic/it-will-be-a-landmark-for-generations-to-come-how-jackson-clements-burrows-designed-malvern-collective">"It will be a landmark for generations to come"; How Jackson Clements Burrows designed Malvern Collective</a>

What was once known as the Gardiner Hotel was developed on the site some time before 1856.&nbsp;It was altered in the 1880s, and then in 1925 it was extensively remodelled to create the interwar Free Classical style façade which remains today.

Back in the 1860s, the licensee of the Gardiner Hotel was well-known Melbourne cricketer, William Greaves, who, as an added attraction or the hotel, built what is believed to be the first bowling green in Victoria.

Also on the site is Station Place. A collection of Victorian-era shops which were located at the gateway to Station Place, once the home of grocer and merchants Lindsay Bros.

<img alt="Lindsay Bros" data-entity-type="file" data-entity-uuid="edba09ec-a2cf-4567-8b79-62023e6b2d36" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-18%20at%208.52.13%20am.png?VersionId=wnaGzox_jY5u9i314rHxdPILGs7JMHR2" />

In the late nineteenth century, Dandenong Road consisted mainly of residential buildings, with Station Place providing access for people between the street and Malvern Station.

"We’re really pleased to see this being reactivated aspart of Malvern Collective,"&nbsp;Lovell Chen Senior Associate John Statham says.

When Kokoda secured the site, only the former Railway Hotel, now known as the Angel Tavern, and two Victorian-era shops on Station Place, survived from the earliest period of development on the corner site.

[smartcode_project:default project_id=12457 project_image_fid=217254]

Statham says the style of the shops&nbsp;would be described as ‘polychrome Italianate’.

"Polychrome refers to the multi-coloured bricks used to create the decorative patterns around the windows and doors. Italianate refers to the revival of an Italian Renaissance style which was popular in the late nineteenth century."

[smartcode_project:default project_id=12457 project_image_fid=217264]

The shops have been restored, and will form part of the buzzing hospitality precinct Kokoda have put together. They've called the project a 0-minute neighbourhood, given the extensive amenity at the foot of two strikingly modern residential towers and its proximity to Malvern Station.

Read more:&nbsp;<a href="/news/vic/how-kokoda-is-creating-a-0-minute-neighbourhood-at-the-malvern-collective">How Kokoda is creating a 0-minute neighbourhood at The Malvern Collective</a>

[smartcode_project:default project_id=12457 project_image_fid=217263]

Under construction with completion slated for early 2024, Malvern Collective comprises 205 apartments with interiors by Carr.&nbsp;

Residents of Malvern Collective will have private access to a&nbsp;co-working space, a cinema, a swimming pool, a wellness centre with hot and cold plunge pools, and a private dining area, bookable through the residents' app.

[smartcode_project:default project_id=12457 project_image_fid=217249]

Using the app, residents can order a coffee from their room&nbsp;and pick it up before jumping on the train, or have the concierge make dinner reservations, not only for the hospitality in Malvern Collective, but anywhere in Melbourne.

[smartcode_project_cta:default project_id=12457]

Kokoda appointed heritage consultant Lovell Chen early in the peace to work out exactly how they could keep the grandeur of the vast 4,720 sqm site

The history behind the Malvern Collective apartments

ANZ has executed $295m of debt facilities to deliver the next stage of the $2 billion redevelopment of Moonee Valley Racecourse, known as Moonee Valley Park.

The loan to the developer, a joint venture between leading Melbourne private developer Hamton and leading industry superannuation fund Hostplus, represented by its Investment Manager ISPT, will primarily fund delivery of the next two residential stages, Trackside House and Stonepine House, comprising 325 apartments.

[smartcode_project:default project_id=110367 project_image_fid=199206]

Funds will also be used to seek planning permits on the balance of the development land and sitewide works to prepare for the Club’s works, which are due to commence in November 2025.

Hamton’s Executive Chairman, Paul Hameister, said, the scale of the debt package with ANZ is a reflection of the strength of security offered by the Hamton-Hostplus-MVRC partnership and the presale success of the latest stages.

[smartcode_project:default project_id=105114 project_image_fid=210523]

“It shows that for the right projects and the right developers, build-to-sell is still a development strategy that will secure the support of the big four banks,"&nbsp;Hameister said.

“ANZ’s collaborative approach and innovative thinking has added a lot of value to the project to date and we look forward to continuing that partnership through until project completion over the next decade."

Trackside and Stonepine House will&nbsp;sit alongside the already completed Feehan Row and Thomas Street, in addition to a range of premium residential amenity.&nbsp;

[smartcode_project:default project_id=105114 project_image_fid=210529]

Trackside House will comprise just over 200 apartments across 11 levels, while&nbsp;Stonepine House, now over 80 per cent sold, will have 119 two and three-bedroom units. Both buildings will have extensive resident amenity like a rooftop pool, hobby room, state of the art gym, and private dining areas which are bookable by the resident app.

Both projects are being built by Icon, who were appointed to construct the latest stages of the masterplan earlier this year.

Read more: <a href="/news/vic/hamton-appoints-builder-for-stonepine-and-trackside-house-in-moonee-valley-park-redevelopment">Hamton appoints builder for Stonepine and Trackside House in Moonee Valley Park redevelopment</a>

Trackside and Stonepine House will sit alongside the already completed Feehan Row and Thomas Street, in addition to a range of premium residential amenity

ANZ backs Hamton-Hostplus with $295m loan for Moonee Valley Park development

Castle Hill and Baulkham Hills have long been the two most populous suburbs in Sydney's Hills District, around 30 kilometres north west of the city.

The emergence however of the Sydney Metro out to the Hills District has seen Castle Hill become the epicentre of activity.

New data from CBRE and PropTrack highlights that&nbsp;Castle Hill has recorded capital value growth of 72 per cent compared to the 49 per cent growth that’s occurred in the non-Metro suburb of Baulkham Hills.

CBRE’s Pacific Head of Research Sameer Chopra has dubbed it a “metro-fication”, which is transforming the living experience, work patterns and retail choices of Sydneysiders close to the city’s new railway stations.

"Since 2011, population has grown by 23 per cent in metro-line suburbs, eight per cent higher than in suburbs further out," Chopra says.

“By 2030, Sydney will have a network of four Metro lines, 46 stations and 113km of new Metro rail.

"We’ve already seen early evidence of this driving higher residential price growth and we see this outperformance increasing once the next stage is completed, with shorter commute times being a key driver."

Chopra says apartment development has unlocked opportunity for residents to live in more affordable yet well-connected areas.

[smartcode_project:default project_id=29359 project_image_fid=207473]

The research found the younger demographic is happier than ever to move out to the Hills District, driven largely by the fact a train to the city will pass through the soon to be opened Castle Hill metro stop every four minutes.

​​"We found that 45 per cent of residents in suburbs along the Metro line stations are Gen Z and Gen Y, five per cent higher than in suburbs slightly further out," Chopra says.

McGrath Projects Associate Director Adam Sparkes, who is marketing Grand Reve which is set to complete in just over 12 months, says the metro line has increased the attractiveness for first home buyers.

[smartcode_project:default project_id=94147 project_image_fid=203067]

"While the majority of our buyers currently are downsizers, who aren't particularly impacted by interest rate rises, the early phase of marketing last year saw a number of first home buyers snap up the one-bedroom apartments."

Sparkes says they've been attracted to both the proposition of being in Barangaroo in just over 30 minutes on the Metro, but also the amenity that Castle Hill offers, in the form of Castle Towers which has undergone a full redevelopment.

Chopra says the precinct developments the younger, more vibrant demographic, is being drawn to higher density living and eating out, the latter of which has been a sticking point for the first home buyer pool in the past, but not so much now with the introduction of extensive hospitality options.

He said the near-Metro suburbs have 12 cafes per 10,000 residents and hold an average of 23 liqour licences, compared to eight cafes and an average 10 liquor licences for every 10,000 residents in suburbs further away.

Deicorp's two biggest Hills District projects, Hills Showground in Castle Hill and Tallawong Village in Rouse Hill, have been designed more like precincts than just apartment towers.

[smartcode_project:default project_id=133881 project_image_fid=209815]

They're each bringing a wide variety of lively food and beverage options to the base of their buildings and walkways interwoven through the precinct.

Hills Showground Village is advertising 9,500 sqm of retail, including a full line supermarket and over 30 speciality retailers next door to the future Metro stop, while their retail spaces in their Tallawong Village precinct are already 70 per cent taken.

[smartcode_project:default project_id=133881 project_image_fid=209816]

The expectation is the population of Castle Hill and the surrounding Hills District suburbs will continue to grow, with a number of masterplan projects in development and under construction. Add to that the $300 million Rouse Hill Hospital which has just commenced construction. The broader Hills Shire is expected to see an increase of 44 per cent in its population by 2036.

New data from CBRE and PropTrack highlights that suburbs along the Metro line have experienced a 49 per cent increase in capital value over the past decade

The impact the Sydney Metro has had on Castle Hill apartment prices and suburb gentrification

The Canberra-based Willemsen Group has secured a prime site on Biggera Waters dress circle Marine Parade.

They've paid $4.1 million for 456 Marine Parade, a 1088 sqm block facing Wave Break Island, and have submitted plans for a boutique 10-level building with just 12 apartments.

The plans for 456 Marine Parade inlude a swimming pool, resident lounge, and alfresco dining space on the ground level and a gym, meeting room, and multipurpose room on the level above. The two levels were designed so the&nbsp;resident lounge and gym enjoy an uninterrupted view along an infinity edge pool out towards the Broadwater.

<img alt="Biggera" data-entity-type="file" data-entity-uuid="3675abb8-dacd-4d26-97b8-241aa8e14f6b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-18%20at%202.45.38%20pm.png?VersionId=6xvt.U7ExfNcBinMsx0HTP2JElryuYTL" />

The majority of apartments are three-bed plus study, spanning half a floor. The two half-floor penthouses each have a second level which homes a fourth bedroom and a media room.

Each three-bed apartment has nearly 180 sqm of internal space and 65 external.&nbsp;

Willemsen's own internal architecture team, led by architect Richard Willemsen, filed the plans.

They said in their submission that the intent is to create "an elegant, sequential and memorable building that is design driven, enhances property values and establishes a sense of place within the community of Biggera Waters."

<img alt="Biggera" data-entity-type="file" data-entity-uuid="83412c10-ad16-4c63-8b72-56451af1444e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-18%20at%202.44.24%20pm.png?VersionId=JV0Oczn_gGaso975p_.vkqRqzqvoKYwL" />

Shepherd Urban Landscape Architecture said the landscape concept for the proposed residential development is based on the surrounding context, response to the proposed architectural layout and expression including the desired outcomes of the City of Gold Coast Council City Plan.

"The design intent is to contribute positively to the image and overall quality of the proposed residential development by providing a contemporary, sensitive and appropriate landscape environment."

The project will push past the height limit allowed on the Gold Coast City Plan. The 32.7-metres exceeds the 29-metre height limit, however is within the 50 per cent uplift acceptable in an Urban Neighbourhood.

The Town Planning Report by Civity stated the height&nbsp;is consistent with the long-term intent for this high amenity infill area, and that the additional building height is driven by the two levels of expansive communal recreational areas, a feature that is unusual in a building of this scale with just 12 dwellings.

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