A trio of Queensland property groups have unveiled plans for a $300 million mixed-use redevelopment of the former Noosa Bowls Club site, a proposal that would deliver more than 200 new homes in one of the Sunshine Coast's most supply-constrained markets.

Kilter Property, Frank Developments and Calile Malouf Investments are behind the plans for the 1.8-hectare site at <a href="https://www.apartments.com.au/new-apartments/99-noosa-drive-noosa-heads-qld-4567">99 Noosa Drive</a>, which would transform the long-vacant site into a new residential precinct featuring 208 apartments, retail, hospitality and public space.

The proposal comes as Noosa continues to grapple with housing affordability and a shortage of permanent accommodation, particularly for key workers. The site's location in Noosa Junction, close to shops, public transport and employment, aligns with the direction of Noosa Council's Housing Strategy, which encourages higher-density housing within established activity centres rather than continued urban expansion.

The draft plans include 48 affordable-by-design apartments and 48 rooming accommodation units aimed at key workers. Around 2,000 sqm of ground-floor retail and food and beverage space would activate the street frontage, alongside a new public town square and landscaped open space.

<img alt="Noosa" data-entity-type="file" data-entity-uuid="2dd02f53-1360-4e51-801e-bfd61a6c980e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-26%20at%208.44.34%E2%80%AFPM.png?VersionId=x1iNs3BSMN6Jy7YUwaBZMHRrrKX2hMpy" />

&nbsp;

Frank Developments Founder and Director Frank Licastro said the development would continue the company's focus on architecturally-led residential projects while addressing one of the region's biggest challenges.

"Not only will this project exude a sense of luxury, it will also enhance not only the built environment but also the surrounding community," Licastro said.

"Noosa's success relies on the people who live and work here. Providing well-designed accommodation for key workers is critical to supporting the local economy and ensuring the Shire can continue to thrive."

Kilter Property Co-Founder Huw Williams said the focus was on delivering additional permanent housing while creating a mixed-use destination that benefits both residents and the wider community.

"Our focus is on delivering a well-considered mixed-use project that provides more permanent housing options, supports local workers and businesses, and delivers an exceptional product for the local market," Williams said.

"The redevelopment vision aligns with the long-term evolution of Noosa Junction as a vibrant activity centre, creating a destination that enhances the area's character while delivering significant economic and community benefits."

Calile Malouf Investments, best known for its role in Brisbane's James Street precinct and The Calile Hotel, will bring its place-making experience to the project. The company recently commenced construction on The Calile Noosa hotel and says the residential development will complement its growing investment in the region.

CMI Director Cal Malouf said the aim was to create a walkable precinct combining housing, retail and hospitality while remaining true to Noosa's character.

"We see a similar opportunity in Noosa to deliver a vibrant, walkable destination that combines exceptional housing, hospitality and retail in one integrated project," Malouf said.

Brisbane-based Cavill Architects has been appointed to design the project.

Joel Robinson

Noosa Bowls Club to be redeveloped into mixed-use apartment precinct

One of Brisbane's last major riverfront redevelopment opportunities has taken a significant step forward, with Lendlease selected as the Queensland Government's preferred development partner for the former Visy site in South Brisbane.

The seven-hectare industrial site, positioned between South Bank and West End and 1.3 kilometres from the Brisbane CBD, will be transformed into a mixed-use precinct expected to deliver more than 4,000 new homes alongside extensive public open space and riverfront parkland.

The project is one of the largest urban renewal opportunities currently planned in Brisbane and is expected to play a key role in accommodating the city's growing population ahead of the 2032 Olympic and Paralympic Games.

Plans for the precinct include a network of riverfront promenades and boardwalks, new public plazas, parkland, amphitheatre-style gathering spaces and shared pedestrian and cycling links designed to reconnect the long-isolated site with the Brisbane River.

The Queensland Government is targeting delivery of the first homes and key public spaces before the 2032 Games, allowing the precinct to begin contributing new housing and public amenity well before the broader masterplan is complete.

The redevelopment is also expected to support more than 3,000 jobs across planning, construction and ongoing operations.

For Lendlease, the appointment adds another major urban regeneration project to its Queensland portfolio. The developer has operated in the state for more than 70 years and has delivered a number of large-scale mixed-use precincts in partnership with government.

Lendlease Development CEO Claire Johnston said the project represented one of Brisbane's most significant redevelopment opportunities.

"The transformation of the former Visy site represents a rare opportunity to reimagine one of Brisbane's most significant riverfront locations, deliver thousands of much-needed homes, and create long-term legacy," Johnston said.

"In partnership with the Queensland Government, we have the opportunity to create a new riverside destination that will help shape Brisbane's growth and how people experience the city for decades to come.

"This is exactly the type of large-scale, city-shaping development that will provide lasting benefits for Queensland, bringing together housing, jobs and world-class public spaces."

Deputy Premier and Minister for State Development, Infrastructure and Planning Jarrod Bleijie said the riverfront transformation would deliver a thriving new community precinct.

“The Crisafulli Government is delivering this golden opportunity to unlock a riverfront jewel for all Queenslanders,” Deputy Premier Bleijie said.

“This is a once-in-a-generation moment to reshape a significant slice of Brisbane and deliver lasting benefits – thousands of new homes, and public spaces for all Queenslanders to enjoy well beyond the 2032 Olympic and Paralympic Games – unlike Labor’s plan which would have delivered zero benefits and zero new homes.

“Queensland is well and truly open for business and through partnership with the private sector, we are accelerating delivery while ensuring strong housing, community and economic outcomes."

Early works on the precinct are expected to commence in April 2027.

Lendlease selected to deliver transformative South Brisbane riverfront precinct

Eddy Haddad's <a href="https://www.apartments.com.au/developers/level-33">Level 33</a> is levelling up its approved Wollongong development, as the coastal city south of Sydney continues to prove popular in the high-density development space.

Level 33, a longtime developer in the Wollongong area, has gone through the NSW Government's Housing Delivery Authority to upsize its approved two-tower development on the corner of Crown Street and Gladstone Avenue, just 100 metres from Wollongong Station.

The developer currently has approval for 252 apartments across two buildings rising to 19 storeys. It is now seeking approval for 33 and 38-storey towers that would deliver 467 apartments, including 67 affordable homes.

Designed by <a href="https://www.apartments.com.au/architects/bka-architecture">BKA Architecture</a>, the development would comprise apartments above a three-level podium with around 1,100 sqm of retail space, along with basement parking for 448 vehicles.

According to the Urban Design Report by BKA, the proposal has the capacity to "reinforce the precinct's identity by strengthening links between health, education, and transport services, while also contributing to Wollongong's ongoing evolution as a key regional centre."

Wollongong is somewhat in vogue. Between Level 33 and Urban Property Group, the two developers have several thousand apartments planned across the city.

Level 33 is currently delivering Easterly Wollongong, one of its most boutique projects to date with just 21 high-end apartments, as well as Atchison &amp; Kenny, a 329-apartment development due for completion later this year.

The developer plans to redevelop the 13,088 sqm WIN Grand megasite into <a href="https://www.apartments.com.au/new-apartments/crown-square-216-238-keira-street-wollongong-nsw-2500">Crown Square</a>, a new $500 million precinct with nearly 600 apartments. It also has more than 900 apartments planned for the former Bunnings Warehouse site at the intersection of Gipps and Flinders streets.

Urban Property Group is also playing a major role in the city's transformation. Its five-tower Keira Place precinct will deliver more than 800 homes, and it has recently lodged plans for a further 300 apartments near Wollongong Station.

First look: Level 33 upsizes Wollongong apartment towers

Just a week after filing plans for the final stage of its major Keira Place masterplan, <a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has unveiled another significant housing proposal in Wollongong, this time targeting a prominent site opposite North Wollongong Station.

The developer has lodged a State Significant Development Application for a 38-storey mixed-use tower at <a href="https://www.apartments.com.au/new-apartments/4-4a-flinders-street-north-wollongong-nsw-2500">4-4A Flinders Street</a>, around one kilometre north of the <a href="https://www.apartments.com.au/new-apartments/keira-place-wollongong-120-122-smith-street-wollongong-nsw-2500">Keira Place precinct</a> currently taking shape on the edge of the CBD.

<img alt="First look: Urban Property Group plans 38-storey North Wollongong tower as Keira Place expansion gathers pace" data-entity-type="file" data-entity-uuid="2b6428f1-6405-4038-8476-897de440e90d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/flinders%20podium.png?VersionId=QLqEvK0OuCEwRC47oHNftrw2B1YqaHF8" />

Designed by Studio.SC, the proposal comprises a 38-storey mixed-use development containing 303 apartments, including 45 affordable housing units, alongside 174 co-living residences. The scheme also includes ground-floor retail space, extensive landscaping and public domain improvements.

Studio.SC noted in the proposal it "outlines a vision for a landmark transit-oriented mixed-use development centred around North Wollongong Station, designed to support the city’s future growth while responding to the NSW Government’s housing and planning reforms."

The architecture firm said the proposal responds to the opportunities and constraints shaping future growth within the 400-metre catchment of the station and represents "a coordinated and future-focused approach to urban intensification, contributing to the long-term evolution of North Wollongong as a connected, walkable and high-density station precinct."

The site occupies a strategic corner bounded by Flinders Street, Station Street, Stafford Street and the Princes Highway, directly opposite North Wollongong Station.

<img alt="First look: Urban Property Group plans 38-storey North Wollongong tower as Keira Place expansion gathers pace" data-entity-type="file" data-entity-uuid="7863adad-1f71-4022-b850-f44b252738fd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/flinders%20podium%20a.png?VersionId=WsU7av0g8_8R2tGHWxgHeFSlhu7yeY1V" />

The proposal follows Urban Property Group's recent submission for the second and final stage of Keira Place, which would deliver a further three buildings comprising 657 homes opposite Beaton Park. It builds on the first stage, which features 150 apartments across two towers and recently commenced construction.

Urban Property Group CEO Patrick Elias said breaking ground on the first stage marked a significant milestone for Wollongong and reflected the developer's long-term commitment to regional cities.

"Today's groundbreaking is about turning approvals into homes and moving quickly to deliver much-needed housing in Wollongong's city centre," Elias said.

"Keira Place will provide a diverse mix of homes close to jobs, transport and services, while setting a high benchmark for quality, durability and consumer protection."

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/urban-property-group-unveils-trio-of-towers-for-next-stage-of-new-wollongong-precinct-keira-place">Urban Property Group unveils trio of towers for next stage of new Wollongong precinct, Keira Place</a>

First look: Urban Property Group plans next major Wollongong tower

<a href="https://www.apartments.com.au/developers/arada">Arada Australia</a> has wasted little time expanding its ambitions in Campsie, lodging plans for a second major project in the rapidly transforming town centre just months after unveiling its three-tower One Campsie proposal on Beamish Street.

The UAE-backed developer has now taken aim at one of the suburb’s most strategically positioned sites, filing a State Significant Development Application for a <a href="https://www.apartments.com.au/new-apartments/10-north-parade-campsie-nsw-2194">33-storey mixed-use tower</a> at 10 London Street and 43 North Parade, directly opposite the future Campsie Metro Station. The proposal is currently on public exhibition and represents another significant vote of confidence in Campsie's emergence as one of Sydney’s key transit-oriented growth centres.

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the development would deliver 156 apartments above a podium containing retail and commercial space, creating a new residential and commercial gateway to the town centre. The scheme also includes a four-level above-ground parking podium and a dedicated residential amenity floor featuring wellness and recreation facilities. At least 10 per cent of the apartments would be allocated as affordable housing for a period of 10 years.

The proposal occupies a 1,631 sqm site bounded by London Street, North Parade and Dispensary Lane, immediately adjoining the future Metro station precinct and just metres from Beamish Street’s retail and dining strip. According to the Urban Design Report, the project seeks to deliver "a great place that prioritises human-scaled experience and provides spatial improvements to the area."

<img alt="First look: Arada doubles down in Campsie with 33-storey Metro-front tower plans" data-entity-type="file" data-entity-uuid="175a8324-015b-4856-abe3-ce6f23199fa7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium%20campsie.png?VersionId=742UGwXFhFBX4GEl6wX4PYIWREAgn6il" />

Woods Bagot describes the tower as a key marker within Campsie's next phase of growth.

"Located directly opposite the new Campsie Metro Station on North Parade, 10 London Street is a thoughtfully composed 33-storey mixed-use tower that contributes to the ongoing transformation of the town centre," the Architectural Design Report states. The report says the project is intended to provide "high-quality homes within a vibrant, connected urban environment, while helping define Campsie's future skyline."

A strong emphasis has been placed on the public realm. The ground floor incorporates over 500 sqm of retail space and active frontages along both London Street and North Parade, while the podium is wrapped by extensive landscaped planting intended to soften the building's scale and strengthen the pedestrian experience. The development would also widen surrounding footpaths and improve connections between the Metro station and the broader town centre.

Above the podium, residents would have access to more than 1,400 sqm of communal amenities, including a pool, gym and landscaped recreation spaces. A distinctive green-wall treatment extending across four podium levels forms a major architectural feature, helping differentiate the project within the emerging high-density precinct.

The tower's design is closely tied to the broader Campsie Town Centre Master Plan and the arrival of Sydney Metro. The Urban Design Report notes the proposal "directly supports the Campsie Town Centre Master Plan by delivering new homes in a location explicitly identified for growth, improved accessibility, and high-quality urban renewal." It adds that the project contributes to the master plan's vision for a strengthened town centre supported by thousands of new homes around the future Metro station.

<img alt="First look: Arada doubles down in Campsie with 33-storey Metro-front tower plans" data-entity-type="file" data-entity-uuid="bfd17654-253e-489a-bade-6278d63db412" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/base%20campsie.png?VersionId=3roJPMQGs36dazpkhvpvbDDP73Ld.Ica" />

The application follows Arada Australia's recently lodged One Campsie project at 124–142 Beamish Street and 16–18 Ninth Avenue, where the developer is seeking approval for 346 apartments across three towers rising 24, 32 and 39 storeys. Together, the two proposals would cement Arada Australia as one of the most influential developers shaping Campsie's future urban form.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-arada-files-for-trio-of-apartment-towers-in-campsie-town-centre">First Look: Arada Australia files for trio of apartment towers in Campsie town centre</a>

Arada Australia entered the Australian market in 2024 and has rapidly assembled a significant development pipeline across Sydney. Alongside its Campsie holdings, the developer is soon to launch <a href="https://www.apartments.com.au/new-apartments/wattle-green-2-fishburn-crescent-castle-hill-nsw-2154">Wattle Green</a> in Castle Hill, and has expanded its local operations following its acquisition of construction firm Roberts &amp; Co.

Located around 14 kilometres south-west of the Sydney CBD, the site sits at the centre of one of Sydney's fastest-changing middle-ring precincts. The Metro conversion of Campsie Station, combined with Canterbury-Bankstown Council's master planning framework, is driving significant residential intensification around Beamish Street and North Parade, with thousands of new homes expected over coming decades.

First look: Arada Australia doubles down in Campsie with 33-storey Metro-front tower plans

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?

The whole face of Southport, the waterside suburb in the north of the Gold Coast, might be about to change with a mega development site up for grabs.

Developers will be licking their lips at the massive 13,785 sqm parcel at 60 Marine Parade which has preliminary approved plans by DBI for a five-tower masterplanned precinct which could suit a range of uses including&nbsp;tourism and resort facilities, hotels, various forms of residential complexes, retail precincts, cafes, restaurants, offices, and international conference and exhibition centres.

The towers can rise as high as 335 metres. DBI's highest tower is 68 levels.

The approval timeframe for the project to be realised is four months, which means progress on the development could start early next year.

The towers, on Broadwater, will offer&nbsp;views over The Spit, Pacific Ocean and Gold Coast skyline.

Also available under the same ownership is the adjoining retail and commercial component at 1, 1A and 5 Nerang Street, Southport.

The Queensland Government and Gold Coast City Council have already granted preliminary development approval, designating it as a Priority Development Area (PDA) within the Southport Central Business District.

Canford agents Roland Evans and Angus Cottrell are selling the site in conjunction with Cushman &amp; Wakefield's Brad Hamilton and Josh Cullen.

"Rarely does a site of this size and location become available as a complete blank canvas," Evans said.

"The panoramic views and the surrounding facilities that the end development will experience are unmatched.”

Brad Hamilton of Cushman &amp; Wakefield said the development is set to become the most iconic site on the Gold Coast.

"Its strategic location, coupled with the unprecedented support from the Queensland Government and Gold Coast City Council, makes it an unparalleled investment opportunity. Given the weight of capital with appetite for mixed use / living investments, we expect high levels of interest from a multitude of different purchasers,"&nbsp;Hamilton said.

The masterplanned precinct could suit a range of uses including tourism and resort facilities, hotels, various forms of residential complexes, retail precincts, cafes, restaurants, offices, and international conference and exhibition centres.

Five-tower masterplan set for Southport as Marine Parade site gets pitched to developers

The <a href="/new-apartments/gold-coast-qld">Gold Coast unit market</a> continues to post impressive month-on-month growth.

Another 1.6 per cent value gain in the unit market across October marked the sixth consecutive month of plus one per cent growth,&nbsp;CoreLogic's monthly Home Value Index found.

The median unit value on the <a href="/new-apartments/gold-coast-qld">Gold Coast</a> is now $717,000, up 3.9 per cent on the rolling quarter and 8.8 per cent over 2023.

Comparing it to the capital city markets, the median is just over $100,000 less than the <a href="/news/nsw/city-beat-october-2023-all-markets-transacting-in-the-sydney-off-the-plan-apartment-market">Sydney unit median</a> and over $100,000 more than the next most expensive capital, Melbourne.&nbsp;

Despite many suggesting the traditionally cyclical <a href="/new-apartments/gold-coast-qld">Gold Coast</a> market would come crashing down when people started heading back into the office and not have the ability to work remotely, the market has bucked opinion and has been one of the best performing markets in the whole country this year.

Read more:&nbsp;<a href="/news/qld/city-beat-september-2023-gold-coast-unit-values-pass-700k-after-continued-2023-growth">City Beat September 2023: Gold Coast unit values pass $700k after continued 2023 growth</a>

<h1>What's happening in the Gold Coast off the plan market?</h1>

The COVID-19 pandemic lit a fire under the <a href="/new-apartments/gold-coast-qld">Gold Coast property market</a>, particularly in the off the plan apartment space.

Those who bought anywhere between 2020 and 2021 are starting to see their projects complete.&nbsp;

Despite interest rates rising significantly over the last 18 months, the overwhelming majority of buyers are still settling and are just having to accept an interest rate repayment they never thought would be this high when they purchased. That's because for the last two to three years, prices have skyrocketed. Most buyers are getting their valuations coming back for their completed apartments at 30 per cent more than what they paid.

And what's more, prices haven't come down like the rest of the country. The <a href="/new-apartments/gold-coast-qld">Gold Coast </a>has proven to be one of the most resilient markets in Australia, and the tight supply v high demand has been the contributing factor.

An interesting insight is that southern demand has continued well into 2023. Initially the southern boom, whether it was for migration purposes or an investment, started when southeners wanted to escape both the cold and the rolling lockdowns for the beach, with the ability to work from anywhere in the country at an all time high.

Now that's over, the expectation was southern interest would taper. But that's not what local agents have found.

Pezet Matheson Director Todd Matheson says southeners are still making up a large portion of both enquiry and purchases.

"Those buyers from the southern states aren't just investors looking to take advantage of the Gold Coast's tight rental yields, they're buying off the plan as a future home," Matheson says.

Southern city dwellers, as well as downsizing locals and those from Brisbane who are looking ahead to retirement, have dominated the sale of the Signature Residences at <a href="/new-apartments/lagoon-main-beach-11-23-cronin-avenue-main-beach">Lagoon Main Beach</a>, the under construction <a href="/developments/main-beach-qld-4217">Main Beach apartment development</a> by Drew Group.

[smartcode_project:default project_id=108747 project_image_fid=221589]

Pezet Matheson secured $43 million worth of sales in the last six weeks at <a href="/new-apartments/lagoon-main-beach-11-23-cronin-avenue-main-beach">Lagoon Main Beach</a>, the majority of whom were new buyers to the <a href="/new-apartments/gold-coast-qld">Gold Coast</a>.

"There's been a large cohort of buyers who have come in and transacted quickly in the last month and a half," Matheson says, adding that the status of the project, and the fact it's under construction by one of the biggest and best builders in the country in Hutchisons, goes a long way in the current market.

The $390 million project, on a 4,000 sqm plus site, an amalgamation not seen since the&nbsp;1980s,&nbsp;comprises two towers of 259 apartments on the sought-after Cronin Avenue.

The two towers are called Sunrise and Sunset, each taking in either views of the Pacific Ocean or the hinterland.

<a href="/new-apartments/lagoon-main-beach-11-23-cronin-avenue-main-beach">Lagoon Main Beach</a> comes&nbsp;comes with a high-end range of amenities designed to compliment the coastal way of life. The name Lagoon stems from the lagoon-style pool oasis, with private cabanas and a heated spa, which sits between the two towers,. There's also indoor and outdoor lounges, a fitness centre, yoga deck, a business hub, storage for surfboards.

[smartcode_project:default project_id=108747 project_image_fid=221590]

Total Property Group are also seeing significant demand from southeners at the luxury end of the market they market in. They're marketing Royale, Jewel and Escape, and have recently launched Burly Residences, the North Burleigh apartment development by David Devine's DD Living.

Total Property Group Managing Director Adrian Parsons says however that recently the most robust enquiry at the top end has come from the local <a href="/new-apartments/gold-coast-qld">Gold Coast</a> and Brisbane markets.

"At this point it’s probably the strongest demographic we see," Parsons says.

They've had a strong resposne to the launch of <a href="/new-apartments/burly-residences-north-burleigh-264-268-the-esplanade-burleigh-heads">Burly Residences</a>, the Koichi Takada-designed apartment development with interiors by Mim Design.

[smartcode_project:default project_id=134791 project_image_fid=223390]

"We knew the market response would be strong having sold out developments in Burleigh previously," Parsons said, adding however that North Burleigh is a little different when being compared to Burleigh Heads.

"It’s quieter and suits the owner-occupier or quiet holiday maker, footsteps from the ocean. Despite its more peaceful outlook, <a href="/new-apartments/burly-residences-north-burleigh-264-268-the-esplanade-burleigh-heads">Burly Residences</a> is also just a short stroll from the amenity at nearby Miami and Nobby Beach, presenting the best of both worlds."

Read more: <a href="/news/qld/dd-living-reveal-luxury-burly-residences-development">DD Living reveal luxury Burly Residences development</a>

[smartcode_project:default project_id=134791 project_image_fid=220106]

Parsons says buyers have been attracted to the "playground of six-star amenities", which have a real focus on R&amp;R.

Residents of <a href="/new-apartments/burly-residences-north-burleigh-264-268-the-esplanade-burleigh-heads">Burly Residences</a> will have access to two floors of resort amenities, including resort-style pools set amid tropical gardens, a pool deck, and a luxury beach club.

There's also wellness facilities in the form of a gym, yoga and Pilates lounge, Peloton room, steam room and a sauna.

City Beat October 2023: Southern boom continues in Gold Coast off the plan apartment market

Third.i and Toohey Miller's <a href="/developments/potts-point-nsw-2011">Potts Point</a> joint venture, <a href="/new-apartments/muse-potts-point-30-34-brougham-street-potts-point">Muse Potts Point</a>, has kicked off its sales campaign.

The newly launched project of just 13 one, two and three-bedroom apartments on Brougham Street near Woolloomooloo has been designed by WMK Architecture to reflect the architectural and natural heritage in one of Sydney's oldest neighbourhoods.&nbsp;

The design has been curated to evoke a sense of elegance, with a contemporary yet timeless render that will blend into the <a href="/developments/potts-point-nsw-2011">local Potts Point area</a>. Wide flowing terraces will amplify the sweeping views on select residences, drawing from the beauty of the harbour and city landscapes.

[smartcode_project:default project_id=112613 project_image_fid=231687]

A communal rooftop will top the project, complete with a residents only pool and expansive scenery.

Read more: <a href="/news/nsw/city-beat-october-2023-all-markets-transacting-in-the-sydney-off-the-plan-apartment-market">City Beat October 2023: All markets transacting in the Sydney off the plan apartment market</a>

The interiors have been in the control of architecture and interior design practice Mathieson and will encompass large&nbsp;living spaces, with bespoke finishes.

Phillip Mathieson said&nbsp;each apartment "has been designed to capture the essence of inner-city living, and beauty in simplicity."

Each apartment will have rich artisan detailing and capacious oak veneer cabinetry that seamlessly blends into the open living areas. A floating limestone clad fireplace shapes an atmospheric place to retreat, entertain and live.

The spaces will feature a suite of high-end appliances including a Wolf induction cooktop, built- in microwave oven, and pyrolytic oven, a V-Zug fully integrated dishwasher, and a fridge and freezer by Sub Zero.

Italian lighting studio, Viabizzuno, will be providing all the lighting at <a href="/new-apartments/muse-potts-point-30-34-brougham-street-potts-point">Muse</a>, marking the first development in Australia to be exclusively Viabizzuno. Known for coupling beautiful materials with the best in lighting technology, Viabizzuno lighting is the favoured lighting supplier in numerous luxury fashion houses including Chanel, Gucci and Valentino.

[smartcode_project:default project_id=112613 project_image_fid=231688]

Third.i Co-Founder and Director Luke Berry said they are thrilled to be launching the company’s first project in <a href="/developments/potts-point-nsw-2011">Potts Point</a>, sharing that they worked with the council and responded to the needs of the local community to create a legacy project that will complement the area, limit impact to the neighbours and support the growth of the suburb. 
 
“We have brought together some of the best minds of design and architecture, to deliver something truly unique to Potts Point," Berry said.

"<a href="/new-apartments/muse-potts-point-30-34-brougham-street-potts-point">Muse</a> not only encapsulates the essence of the neighbourhood and suburb, but also presents stunning apartments that are skilfully designed to optimise the seamless integration of indoor and outdoor living spaces.

“We are thrilled to offer buyers an opportunity to secure their slice of boutique living in the heart of <a href="/developments/potts-point-nsw-2011">Potts Point</a>. Residents will have effortless access to an array of amenities included in <a href="/developments/potts-point-nsw-2011">Potts Point's vibrant lifestyle</a>, ensuring they can fully embrace the offerings of this dynamic neighbourhood."

[smartcode_project:default project_id=112613 project_image_fid=231689]

The demand for premium, lifestyle properties in <a href="/developments/potts-point-nsw-2011">Potts Point</a> and Sydney’s East remains strong due to prestige downsizers looking to sell their family homes.

<a href="/new-apartments/muse-potts-point-30-34-brougham-street-potts-point">Muse Potts Point</a> is located on Brougham Street and is within walking distance of the Royal Botanic Garden, the recently opened Sydney Modern Art Gallery, and the vibrant local dining and café scene.

Construction is scheduled to begin in late 2023 and works are expected to wrap up by the end of 2025.

[smartcode_project_cta:default project_id=112613]

“We have brought together some of the best minds of design and architecture, to deliver something truly unique to Potts Point," Third.i's Luke Berry said



Third.i and Toohey Miller launch Muse Potts Point apartments

Design-led developer Lowe Living has announced the sales launch of their latest development, <a href="/new-apartments/emerald-place-by-lowe-living">Emerald Place</a> in <a href="/developments/south-melbourne-vic-3205">South Melbourne</a>.

Alongside joint venture and development partner ICON Developments, a wholly owned subsidiary of Japanese property giant Kajima Corporation, the $160 million mixed-use project located at <a href="/new-apartments/emerald-place-by-lowe-living">182-200 Clarendon Street in South Melbourne</a> will deliver 1,500 sqm of ground-floor retail, 12 premium commercial tenancies over two levels and six levels of 36 apartments.

Following a <a href="/news/vic/lowe-living-secure-quick-approval-for-160-million-south-melbourne-development">fast-tracked planning permit within four months</a>, the two groups continue to remain focused on delivering a market-leading design, leading build quality and a high-quality end product.

[smartcode_project:default project_id=135816 project_image_fid=231196]

Promising to deliver a significant addition to the area's vibrant urban landscape, the project’s design partners include architect, Woods Bagot and landscape architect Acre.

The design vision for <a href="/new-apartments/emerald-place-by-lowe-living">Emerald Place</a> embraces the rich architectural history of the <a href="/developments/south-melbourne-vic-3205">surrounding late 19th and early 20th-century buildings</a>. Woods Bagot's innovative approach incorporates polychromatic brickwork and scale, that harmoniously blends with the site context. Acre has complemented the architecture to deliver a lush, verdant botanic setting in vertical landscapes, ensuring a seamless connection with nature.

Ana Sá, Associate Principal at Woods Bagot highlights, says&nbsp;<a href="/new-apartments/emerald-place-by-lowe-living">Emerald Place</a> represents a prominent corner statement and a contemporary interpretation of Victorian charm that sits sympathetically within its South Melbourne context.

“Drawing inspiration from the ubiquitous corner pubs, the design principles of detailed brickwork and a strong vertical grid have informed the project's narrative. The polychromatic brickwork references the local 19th-century palette in a uniquely contemporary expression for a timeless architecture that is truly of its place.”

[smartcode_project:default project_id=135816 project_image_fid=231203]

The residential offering includes a collection of two and three-bedroom apartments, as well as a limited number of three and four-bedroom Skyhomes, coming to market soon. Lowe Living has received a high-level of interest in the project off-market and is currently working with waitlisted clients.

The two-bedroom apartments on offer have internal areas between 111 sqm to 132 sqm are priced from $1.55 million, while the three-bedroom apartments, spanning between 135 sqm to 268 sqm, start from $1.99 million.

The Skyhomes will comprise of four expansive apartments positioned at the top of the building on levels seven and eight, with internal areas ranging from 268 to 391 sqm. These apartments also offer bay or city views with triple-aspect outlooks, with pools to select apartments.

High-quality finishes and appliances feature throughout the apartments, with natural stones, porcelain tiles, engineered timber flooring, wool carpets, premium fixtures, as well as Gaggenau and Liebherr appliances.

[smartcode_project:default project_id=135816 project_image_fid=231200]

<a href="/developers/lowe-living">Lowe Living</a> is targeting a minimum 7-Star NatHERs rating in operation. The commercial offering comprises 12 premium strata office tenancies which are also available for sale. Two have already been snapped up. The adjacent three-level car park is currently on the title to service the car parking needs of the office and retail tenancies.

Drawing on their expertise in the boutique luxury development space, Lowe Living aimed to draw on this to deliver a premium offering whilst retaining a distinct customer focus on luxury owner-occupier.

<a href="/developers/lowe-living">Lowe Living</a> Founder and Managing Director Tim Lowe says the team are&nbsp;very excited to bring this unique project to market.

"No detail has been spared in <a href="/new-apartments/emerald-place-by-lowe-living">Emerald Place</a>, and it truly embodies our commitment to excellence and innovation," Lowe said.

[smartcode_project:default project_id=135816 project_image_fid=231201]

"We were astutely focused on the luxury owner occupier, therefore we wanted to ensure the design responded to both the expectations of this buyer, as well as the desired lifestyle with local amenity on your doorstep.

"We worked closely with Woods Bagot to ensure the floorplans offered a variety of considered layouts to suit the unique needs of our buyers with expansive and thoughtfully landscaped private outdoor spaces by Acre. Arriving home to <a href="/new-apartments/emerald-place-by-lowe-living">Emerald Place</a> is an opportunity for our buyers to escape the urban atmosphere of South Melbourne and step inside a verdant, tranquil and luxurious haven.”

ICON Developments is expected to start construction early next year, with a build time of around 20 months meaning completion will fall around mid to late 2025.

[smartcode_project_cta:default project_id=135816]

Design-led developer Lowe Living has announced the sales launch of their latest development, Emerald Place in South Melbourne

Lowe Living launch Emerald Place, South Melbourne apartments

Seldom will there be another opportunity to live within 300 metres from the heart of the Olympics.

That's what prominent <a href="/developments/woolloongabba-qld-4102">Woollangabba</a> developer <a href="/developers/sarazin">Sarazin</a> are offering with their latest project, <a href="/new-apartments/murcia-residences-east-brisbane-9-overend-street-east-brisbane">Murcia Residences</a>, a literal stones throw from the hallowed turf off The Gabba.&nbsp;

While technically sitting in <a href="/developments/east-brisbane-qld-4169">East Brisbane</a> as the boundaries of the suburbs is Wellington Road, for&nbsp;all intents and purposes, <a href="/new-apartments/murcia-residences-east-brisbane-9-overend-street-east-brisbane">Murcia</a> is a <a href="/developments/woolloongabba-qld-4102">Woolloongabba</a> address.

The <a href="/new-apartments/murcia-residences-east-brisbane-9-overend-street-east-brisbane">Overend Street project</a> and its 187 apartment residents will take advantage of every part of the billions of dollars worth of investment being thrown at the Olympic precinct by both government and private investors. The aim is to create a 24/7 precinct, which will live long after the 2032 Olympic and Paralympic Games has finished.

Earlier this year the Queensland and federal governments reached a $7 billion funding agreement to transform Brisbane's sporting and event venues ahead of the&nbsp;2032 Olympic and Paralympic Games, which included a rebuild of The Gabba. Following the demolition, which started earlier this year, construction will start in 2026 and be complete in 2030. The Gabba will be the central hub of the Games, and will host the opening and closing ceremonies.

For those buying a north-facing apartment on an upper level, they'll be able to take in the Games from their balcony. Sarazin have long known the importance of rooftop amenity, particularly in this location, so they've created a viewing deck which will literally looks down into stadium.

[smartcode_project:default project_id=135094 project_image_fid=214681]

Even before the overhaul of <a href="/developments/woolloongabba-qld-4102">Woolloongabba</a> and <a href="/developments/east-brisbane-qld-4169">East Brisbane</a>, Murcia sat in a fantastic pocket to enjoy the local dining precinct with the Italian&nbsp;1889 Enoteca and the fairy-lit courtyard garden of Canvas Club which servces cocktails and tapas.

<a href="/new-apartments/murcia-residences-east-brisbane-9-overend-street-east-brisbane">Murcia</a> is also just&nbsp;200 metres from the popular Logan Road, which is lined with heritage pubs, cafes and bars like whiskey bars Detour, set in a restored Sergeant Tyre factory, and Mrs J Rabbits.

[smartcode_project:default project_id=135094 project_image_fid=214685]

Away from the convenience of entertaining, nature is also at the forefront of the location. Just the other side of The Gabba are the Kangaroo Point Cliffs, which has a river walk and cycle path which runs alongside the Brisbane River. Coming out of <a href="/new-apartments/murcia-residences-east-brisbane-9-overend-street-east-brisbane">Murcia</a> and heading east, within 500 metres is <a href="/developments/woolloongabba-qld-4102">Woolloongabba</a> Rotary Park and Norman Creek, which is flanked by trees and greenery.

The project is also just&nbsp;two kilometres from the city, making it easily accessible by foot or bike. Well timed for <a href="/new-apartments/murcia-residences-east-brisbane-9-overend-street-east-brisbane">Murcia's</a> forecasted mid-2026 completion will be the new Cross River Rail, which is expected to be complete a year earlier. That will put residents just one stop to the new Queens Wharf precinct and two stops from Roma Street Station.

[smartcode_project:default project_id=135094 project_image_fid=214684]

The current <a href="/developments/woolloongabba-qld-4102">Woolloongabba</a> Station is also a five-minute walk. Commuters only need to be on the train for 90 seconds before making it into the city.

Residents can go on a quick coffee run at Brown Dog Cafe just four minutes from <a href="/new-apartments/murcia-residences-east-brisbane-9-overend-street-east-brisbane">Murcia</a>, or The Baker's Arms bakery.

An eight-minute walk southeast of <a href="/new-apartments/murcia-residences-east-brisbane-9-overend-street-east-brisbane">Murcia</a> is the retail, dining and entertainment precinct South/City/Sq. The precinct buzzes day and night, with a gym, yoga studio, art-house cinema complex, barber and beauty studio. Some restaurants and bars to check out around the precinct are Casa Chow, South City Wine, and Purple Palm.

<a href="/new-apartments/murcia-residences-east-brisbane-9-overend-street-east-brisbane">Murcia</a> is close to three major university campuses – UQ, QUT and Griffith South Bank – and within the catchment for Brisbane’s first new inner-south high school in more than 50 years.

[smartcode_project:default project_id=135094 project_image_fid=214684]

Designed by HAL Architects, <a href="/new-apartments/murcia-residences-east-brisbane-9-overend-street-east-brisbane">Murcia</a> spans 18 levels and has a mix of one, two, three and four-bedroom apartments. All of the one-bedroom apartments have been snapped up.

The name and design of the project stems from the Spanish city <a href="/new-apartments/murcia-residences-east-brisbane-9-overend-street-east-brisbane">Murcia</a>. HAL were inspired by the Mediterranean style of the Spanish orchard city, blending the style with the best Antipodean subtropical design and cascading landscape.

Each apartment has been crafted to open to a covered balcony from the open plan living, kitchen and dining area. A number of the apartments include multi-purpose rooms and study nooks for future residents to decide what to do with.

While central to everything, <a href="/developers/sarazin">Sarazin</a> will also be providing even closer amenity, with new cafes on the ground level of the building. The second level will home a resident gym and bike repair workshop, while the rooftop will feature an infinity pool, private poolside cabanas and sun loungers, and a wellness area with cold and warm magnesium plunge pools, a sauna, steam room and outdoor showers, as well as alfresco private dining and barbecue facilities.&nbsp;

[smartcode_project_cta:default project_id=135094]

While technically sitting in East Brisbane as the boundaries of the suburbs is Wellington Road, for all intents and purposes, Murcia is a Woolloongabba address

A front row seat to the 2032 Brisbane Olympics: How Murcia Residences is set to take advantage of Woolloongabba boom

Wanda Terraces, developer Platinum's residential development of only 24 apartments in the heart of Caulfield North, will rise from its Hawthorn Road location by early 2025.

Wanda Terraces has 24 two and three-bedroom apartments starting from a generous 90 sqm, ranging in size to 262 sqm. Each apartment has two bathrooms and two secure parking spaces.

[smartcode_project:default project_id=112388 project_image_fid=208645]

Inspired by the heritage and distinct character of Caulfield North's tree-lined streets, architectural practice Ewert Leaf merges classic and contemporary architectural elements and materials into an understated façade wrapped in textural elements of raw concrete, natural timber and metal accents draped in lush, cascading greenery.

"We have created a unique sense of luxury in one of Melbourne’s most desirable locations," said Ewert Leaf Director&nbsp;Cathryn Tattersall, while Will Leaf said the aim was to create a collection of homes with a point of difference and exclusivity.

Inside the Wanda Terraces apartments, residents will enjoy bespoke detailing and refined fittings, fixtures and finishes - pale oak flooring and textured stone surfaces - and cutting-edge home technology like biometric finger access and an app-enabled video intercom.&nbsp;

[smartcode_project:default project_id=112388 project_image_fid=208647]

The apartments have an open floor layout where the oversized living, designer kitchen and dining area open into expansive private ground-floor courtyards or elevated terraces. These outdoor spaces overlook established gardens and the lush expanse of Caulfield Park.

Wanda Terraces also boast electronic parcel lockers, electric car charging stations, number plate recognition and car and dog washing amenities.

Beyond the walls of Wanda Terraces, Malvern Central, Glenferrie Road Shopping Precinct, and High Street Shopping Village are only a five-minute car ride north from the property.&nbsp;

[smartcode_project:default project_id=112388 project_image_fid=208651]

Caulfield Park, the North Caulfield Medical Centre and several international cuisine restaurants, local grocers, bistros and bakery cafes can be found along the Hawthorn Road and Balaclava Road intersection south of the property.

For those who crave the sand and surf, the beach suburbs of St Kilda and Elwood are a quick 15-minute drive from the property.

With a tram stop right at the property's doorstep and Malvern Train Station just 500 metres away, commuting eight kilometres southeast to the CBD or exploring neighbouring suburbs has never been more accessible.

[smartcode_project_cta:default project_id=112388]

"We have created a unique sense of luxury in one of Melbourne’s most desirable locations," said Ewert Leaf Director Cathryn Tattersall

mikah.m@urban.com.au

"Aiming to create a point of difference and exclusivity": Inside Caulfield North's Wanda Terraces

Melbourne unit value growth again outstripped houses for the fourth time in five months, according to CoreLogic's monthly Home Value Index.

Units, which incorporates both apartments and townhouses, saw values rise by 0.7 per cent over October, compared to 0.4 per cent for houses.

Over 2023 Melbourne unit values are now 3.7 per cent higher than they were at the start of the year, with the new median unit value now $615,000.

The housing market growth has tapered off since it turned a corner earlier this year. Sydney and Melbourne led the property market rebound, driven by low listing. Their growth has slowed the most however due to an increased level of supply most evident heading into spring and summer.

Where there's still a significant shortage in supply is in the off the plan apartment market, with developers continuing to battle the challenges of construction costs and the increased cost of land.

<h1>What's happening in the Melbourne off the plan market?</h1>

The aforementioned supply issue is still a critical issue in Melbourne, and looks like it will be for some time. There were a handful of projects go live o\ver October, but not enough to keep up with projected population forecasts.

Projects by Buxton Director Heath Thompson said the lack of supply is driving interest in stock which at one time or another has been overlooked.

“We’ve seen that residual stock is now starting to sell easily," Thompson says.

"Apartments that had been on the market for an extended period, having at one time, when supply was better, been viewed as being either expensive, compromised in outlook, or the floorpan wasn’t right, now an attractive purchase, given the lack of supply on the market."

Thompson is marketing Martin Brighton, a new boutique apartment development in Melbourne's Bayside. He's just sold a two-bedroom apartments to a Sydney investor, site unseen.

[smartcode_project:default project_id=5495 project_image_fid=220683]

Thompson says Martin ticks the right boxes in the off the plan apartment market at the moment.

"The project is under construction, with a timeframe in which people can start to prepare for their next move. The move in date of early next year means those downsizers can start to look at selling their house and what their next move looks like. It's a little easier when the building is six months away from completion compared with a few years ago. The stage of which construction is at is also particularly attractive in the current climate. There's certainty the project will complete, and that's worth its weight in gold."

On the Sydney buyer, Thompson says the buyer was particularly attracted to the longer term capital growth Brighton, and in particular Martin, represents," Thompson says.

"Martin sits in a niche pocket where you don't have to win the lottery to afford one of the apartments, but nor is it typical investor-grade, first home buyer stock. It sits in the middle tier, and suits the downsizer who doesn't have, or doesn't want to spend, $3 million plus, which the majority of new apartments in Brighton cost."

[smartcode_project:default project_id=5495 project_image_fid=190763]

Thompson has also seen renewed interest in a penthouse he's been marketing for a while, also in Brighton.

"A penthouse in Brighton we’ve been marketing has had no activity for months, but in the last week we’ve had three inspections for it.

No issues with interest rate rises at the moment as Thompson's main buyer demographic at the moment is downsizers.

Noorden Property agent David Lamond is seeing buyers cautiously await the RBA news, and the timing of the hike hasn't helped.

"It just speeds up the Christmas break for prospective buyers," Lamond says, where typically sales don't tend to occur. He says there will still be enquiry, but their timeline to purchase won't be until well into the new year once they've seen evidence of the RBA's willingness to hold rates for a prolonged period.

Lamond recently launched Marlu, a collection of just four townhouses in Hampton.

[smartcode_project:default project_id=140140 project_image_fid=219622]

In a similar fashion to Thompson's Martin, Marlu bridges a gap, in this instance between a grand $5 million plus mansion and an apartment.

"The project resonates with those not wanting to downsize fully to an apartment, but don't want the maintenance of a large family home."

Lamond forecasts that August 2024 will be a key month where developers will start to be able to put their foot on the gas once more after a few years of status quo, which will help the Melbourne supply issues.

"When looking at the supply pipeline for buyers, developers are starting to look at site acquisitions in the new year, with the view that by August, a few current challenges in the build space might tip in their favour.

"Trades are expected to start running out of work, and they won’t be able to command exorbitant prices like they are now, and materials, while not coming down, will start to at least plateau which will make it easier for a developer to accurately price a project."

Where there's still a significant shortage in supply is in the off the plan apartment market, with developers continuing to battle the challenges of construction costs and the increased cost of land.

City Beat October 2023: Buyer activity improves in Melbourne's off the plan apartment market

Award-winning developer Kokoda Property has continued its pursuit of creating a wellness-led lifestyle at its newest <a href="/developments/milton-qld-4064">Milton apartment development</a>, <a href="/new-apartments/ruby-ruby-milton-12-crombie-street-milton">Ruby Ruby</a>.

Residents of the 144 one, two and three-bedroom apartments will have private access to a suite of&nbsp;comprehensive recreational facilities designed to provide a mix of relaxation, entertainment, and health and wellbeing activities, enhancing the resident's comfort and lifestyle.

The rooftop will feature an wet-edge swimming pool that spans the full width of the building. It has sweeping city views, as well as several cabanas and day beds, while tropical palms with also be planted to create a holiday environment. There's also a firepit area, barbecues and alfresco spaces, and a private dining and bar area.

[smartcode_project:default project_id=139032 project_image_fid=232307]

Completing the fitness component of the rooftop is a heath and wellness space with a gym, infrared sauna, spa, plunge pool and a yoga studio.&nbsp;

Kokoda is also catering for the working from home trend with a number of meeting rooms on the ground level, while the podium will home a&nbsp;private dining and lounge area, a cinema room, and a billiards room.

[smartcode_project:default project_id=139032 project_image_fid=232299]

The pet-friendly building also caters for furry friends with its own onsite dog washing facility.

"<a href="/new-apartments/ruby-ruby-milton-12-crombie-street-milton">Ruby Ruby</a> is packed with an incredible range of extensive amenities that offer buyers an elevated luxury apartment living experience in Brisbane," Kokoda Property Founder and Managing Director Mark Stevens said.

Read more:&nbsp;<a href="/news/qld/how-a-love-of-architecture-inspired-a-move-into-property-development-five-minutes-with-kokodas-mark-stevens">How a love of architecture inspired a move into property development: Five minutes with Kokoda's Mark Stevens</a>

[smartcode_project:default project_id=139032 project_image_fid=232298]

<a href="/new-apartments/ruby-ruby-milton-12-crombie-street-milton">Ruby Ruby</a> is Kokoda's third&nbsp;apartment development in Brisbane, following the success of the completed Chester &amp; Ella project in Newstead and the recently completed <a href="/buildings/the-ambrose-19-23-mcdougall-street-milton">The Ambrose in Milton</a>.

The project has been designed by Cottee Parker, who also worked on The Ambrose.

[smartcode_project:default project_id=139032 project_image_fid=232301]

<a href="/new-apartments/ruby-ruby-milton-12-crombie-street-milton">Ruby Ruby</a> will rise 21 levels from 12-18 Crombie Street and will comprise 144 apartments, ranging from 65 sqm to 155 sqm. There will also be a spacious 164 sqm penthouse, one of the largest ever developed in Brisbane.

Prices for <a href="/new-apartments/ruby-ruby-milton-12-crombie-street-milton">Ruby Ruby</a> start at $654,000.

The <a href="/new-apartments/ruby-ruby-milton-12-crombie-street-milton">Ruby Ruby</a> Penthouse Collection, a highlight of this project, features eight penthouses, comprising six sub-penthouses and two master penthouses, with sizes ranging from 188 sqm to 392 sqm and prices starting from $3.75 million.

[smartcode_project:default project_id=139032 project_image_fid=232296]

The development will offer a variety of unit configurations, including 54 one-bedroom units, 77 two-bedroom units, 12 three-bedroom units, and two four-bedroom penthouses on the 20th floor.

Kokoda Property collaborated with their long-term partners, Cottee Parker Architects, and Carr Design for the sub and master penthouse interior design.

A builder is expected to be announced in Q4 2023,&nbsp;with construction slated to commence in early 2024 and a target completion date in late 2025.

[smartcode_project_cta:default project_id=139032]

In true Brisbane style, where developers are focusing their amenity outside, Kokoda has located the majority of Ruby Ruby's amenities on the roof

A rooftop wellness retreat and a luxe cinema: Inside the facilities at Kokoda's Ruby Ruby apartments in Milton

Lucent Group has launched a new sustainable townhouse collection in Melbourne's inner-city suburb Northcote.

Lucent Group, led by Founder and Managing Director&nbsp;Panos Miltiadou, secured the 6,131 sqm site at 84-96 Bastings Street, located in the family-friendly Westgarth neighbourhood near Johnson Park, in 2021.

Since then they've been putting together plans for Bastings, just&nbsp;47 townhouses designed by Melbourne architecture firm Kavellaris Urban Design (KUD).

[smartcode_project:default project_id=134979 project_image_fid=231078]

The townhouses offer a mix of configurations, with two, three and four-bedrooms on offer across either two or three-levels.&nbsp;

Prices for the townhouses range&nbsp;from $1.38 million to $2.4 million.

Arranged in four rows on either side of a pedestrian boulevard off Bastings Street, one of the area's historic residential streets, all 47 townhomes are north-south aligned, with north-facing secluded private courtyards. Those along the fourth row also enjoy sweeping views of the city.

[smartcode_project:default project_id=134979 project_image_fid=231064]

Bastings Community is committed to achieving Operational Carbon Neutrality for at least a decade.&nbsp;Carbon neutrality means&nbsp;having a balance between emitting carbon and absorbing carbon from the atmosphere in carbon sinks.

KUD have ensured that Bastings is centred on creating a sustainable home and lifestyle for its future residents.

Sustainably sourced, environmentally responsible materials predominate throughout the two distinct interior schemes.

Each townhouse is equipped with a private lockable basement garage that offers up to 30 sqm of multipurpose space, along with provisions for hydronic heating and individual electric vehicle chargers.&nbsp;

[smartcode_project:default project_id=134979 project_image_fid=231075]

Maximised natural light access and cross-flow ventilation, as well as a minimum of six rooftop solar panels, are some of Bastings' key sustainable features.&nbsp;

Every other aspect of this sustainable design encourages connection, embraces individuality, and contributes in a meaningful way to its setting.

The development has a large centralised communal open space piazza to build a community amongst the residents.

Lucent's portfolio consists of mostly sold-out apartments across Melbourne. They've previously had success in Northcote's neighbouring Brunswick East, where they are currently construction the sold-out, 69-residence Stewart Collective.

Some of Lucent's other developments include boutique townhouse collections No. 121 Chomley Street in Prahran and the under-construction Slate House in Brighton.

[smartcode_project_cta:default project_id=134979]

Bastings comprises just 47 townhouses designed by Melbourne architecture firm Kavellaris Urban Design (KUD).

Lucent Group launch Northcote townhouse community, Bastings Street

Sydney-based developer <a href="/developers/jqz">JQZ</a> is onto its next <a href="/new-apartments/st-leonards-nsw-2065">St Leonards apartment development </a>following the completion of their $1.6 billion <a href="/buildings/eighty-eight-st-leonards-88-christie-street-st-leonards">Eighty-Eight</a>, the tallest residential tower in the northern Sydney suburb.

They've released to the market <a href="/new-apartments/park-avenue-residences-26-50-park-road-st-leonards">Park Avenue Residences</a>, four 10-level buildings which will home 306 apartments, from studios all the way through to five-bedroom penthouses.

The buildings' interiors and architecture are thoughtfully curated by David Hicks, in collaboration with the multi-award-winning architect DKO.

Read more:&nbsp;First look: <a href="/news/nsw/first-look-st-leonards-set-for-tallest-tower-as-anson-group-file-for-mixed-use-development">St Leonards set for tallest tower as Anson Group file for mixed-use development</a>

In line with David Hicks' signature style in crafting luxury private residences, <a href="/new-apartments/park-avenue-residences-26-50-park-road-st-leonards">Park Avenue Residences</a> apartments boast well-appointed spaces that exude timeless opulence and refined comfort, with many affording captivating views of the picturesque harbour. The apartments are flooded with natural light, welcoming occupants with meticulous detailing and modern design and amenities.

The New York-style lobbies blend contemporary aesthetics with vintage elements, capturing the essence of St Leonard's rich history and its vibrant cosmopolitan spirit.

<img alt="Park Avenue REsidences" data-entity-type="file" data-entity-uuid="24eddbe0-f640-4888-85c6-80cf08417def" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-06%20at%203.56.00%20pm.png?VersionId=kS89bw2ed711iMMNR_O7QrZr7uPZ_7ne" />

Residents are welcomed inside <a href="/new-apartments/park-avenue-residences-26-50-park-road-st-leonards">Park Avenue Residences</a> by wide plank timber floors paired with cream and dark grey stonework as a textural backdrop.

The master bedrooms feature a soft, stylish wall finish and convenient built-in robes, complete with state-of-the-art electrical curtains for effortless comfort.

The bathrooms are adorned with a palette of stone, full-height tiles, and metal trims. The ensuite bathrooms feature separate wet and dry areas, while the modern laundry has been designed to accommodate a washer-dryer combination.

Future residents will take in the panoramic views of Sydney's CBD skyline and harbour from the expansive rooftop terrace. The resort-style outdoor swimming pool offers a tranquil and refreshing experience, complemented by a sun-drenched lounge deck.

Situated on the fringes of a bustling city hub, <a href="/new-apartments/park-avenue-residences-26-50-park-road-st-leonards">Park Avenue Residences</a> offers convenient access to elite sandstone schools, historic Greenwich baths, and landmarks around the harbour.

Just below the residents' doorstep, lush green corridors cascade toward the harbour, leading to extensive natural parks and the Berry Island Reserve lining the undulating bays and shorelines of Sydney Harbour.

<a href="/developers/jqz">JQZ</a> have been busy in St Leonards. Earlier this year they completed their latest commercial project, Mall 88,&nbsp; 10-minute walk from <a href="/new-apartments/park-avenue-residences-26-50-park-road-st-leonards">Park Avenue Residences</a>. Mall 88 is home to a global dining precinct, convenient shopping, and a variety of health and lifestyle brands.

Park Avenue Residences comprise four 10-level buildings which will home 306 apartments, from studios all the way through to five-bedroom penthouses.



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