<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.

[smartcode_project:default project_id=140747 project_image_fid=367540]

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.

[smartcode_project:default project_id=140747 project_image_fid=367529]

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.

[smartcode_project:default project_id=509 project_image_fid=365684]

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;

[smartcode_project:default project_id=509 project_image_fid=365687]

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.

[smartcode_project:default project_id=509 project_image_fid=365689]

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.

[smartcode_project_cta:default project_id=509]

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.”

[smartcode_project:default project_id=146358 project_image_fid=323057]

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.”

[smartcode_project:default project_id=146358 project_image_fid=323055]

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.

[smartcode_project:default project_id=146358 project_image_fid=323052]

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.

[smartcode_project_cta:default project_id=146358]

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;

[smartcode_project:default project_id=110588 project_image_fid=5347]

Yasmine Ghoniem, Director of YSG Studio, says their vision&nbsp;for The Frederick "reinvents coastal living."

“Nobby’s has such an iconic energy, it’s one of those rare pockets of the Gold Coast where the community, the beach, and the streets all feel connected,” Ghoniem says.

"Responding to the neighbouring coastline, soothing curves add a relaxing regional overlay, while unique detailing really sets it apart. It’s a place that feels lived in from the moment you step inside.”

A standout feature of The Frederick is its rooftop terrace, an uncommon inclusion for a boutique, low-rise building, where amenity is typically concentrated at ground level.

[smartcode_project:default project_id=110588 project_image_fid=5360]

Positioned to capture panoramic views from the hinterland to the ocean, the rooftop has been designed as a series of intimate zones. It includes a pool, sauna, sun decks, workspaces and dedicated entertaining areas.

“The rooftop was conceived as a collection of spaces where residents can unwind and connect, an extension of the Nobby’s lifestyle,” Barrett says.

Architecture for the project was led by Plus Studio, with landscape design by LDG Landscape Architecture.

SRQ Projects Director Nick Clydsdale, who is handling sales at The Frederick, says the majority of enquiry is coming from South East QLD and Victorian buyers who have been actively searching between Broadbeach and Mermaid Beach for some time.

"They’ve reviewed a number of projects, however this one has stood out for its unique detailing and compelling design,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. BIG Projects is targeting a late 2027 completion.

[smartcode_project_cta:default project_id=110588]

Sydney’s YSG Studio makes Gold Coast multi-residential debut with BIG Projects at The Frederick

Melbourne-based property developer ALTA Property has this week achieved planning approval for the adaptive re-use of a former commercial tower into a $200 million, 169-apartment project at 10 Queens Road, one of the last developable sites along the Albert Park Lake-fronting boulevard.&nbsp;

Set within one of Melbourne’s most sought-after precincts and designed by <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser and Partners</a>, the illustrious building will offer unparalleled views across Albert Park Lake, Port Phillip Bay and Melbourne CBD.&nbsp;

The mix of 1, 2 and 3-bedroom residences will be complemented by a ground-floor amenity featuring private dining, a lounge bar, gym and wellness spaces, co-working, outdoor communal gardens, and retail.&nbsp;

The 17-storey building is a masterclass in adaptive re-use, with the existing commercial building’s façade, shell and internal structure to be retained, before high-end residences are built from the ground up in a newly built Albert Park facing addition to the building.&nbsp;

Sitting atop the building will be two 320+sqm penthouses with private rooftop terraces, which are expected to be priced between $9 - $11 million.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="aa11211b-5581-43f9-940c-fc84d30a0e61" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/C_04.png?VersionId=Yhf5p_1EgGDu_zOIMFgvA8Ug8j3sTFQs" />

Architecturally, the building will feature a curved, geometric façade that celebrates and elevates the existing structure, with warm, muted tones which were selected to extend the materiality of the existing building rather than contrast it.&nbsp;

Interiors will bring together three metre high ceilings with waffle concrete in some spaces, natural timber, granite and Australian materials, culminating in crafted, generous and considered spaces that are defined by authenticity.&nbsp;

The adaptive re-use means that the Queens Road project will be a sustainability led, high-quality finished product, with a 62% saving in carbon emissions by re-using the existing structure rather than knocking it down and rebuilding.&nbsp;

ALTA Property was launched by Nigel Givoni in 2023, bringing over 25 years of experience in multi level residential delivery.&nbsp;

Melbourne’s property market growth is currently led by apartments. According to RPM VIC Apartments &amp; Townhomes Market Report (April 2026), units are outpacing houses, especially in the middle ring suburbs where median prices hit $757,500 – a four-year high that represents 2.9 percent growth quarter-on-quarter.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="647e13d7-b4bc-433a-9bc9-fe3c3dd4f2ec" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/V_06.png?VersionId=ou4NUCWUgA3NAy.6CQJlEdKX50j3dOk6" />

For ALTA Property Founder Nigel Givoni, this performance speaks to the confidence he has in the Melbourne market.&nbsp;

“Queens Road represents a rare opportunity to continue to shape our presence in the Melbourne market.,"&nbsp;Givoni says.

"With a considered project team and a premier site along one of the city’s most sought-after boulevards, we look forward to contributing to the fabric of this established address.

“Other Australian markets are getting a lot of attention, but I believe the depth of value in Melbourne is being overlooked. The fundamentals are strong, population growth is steady and, based on our preliminary conversations with a leading builder, construction costs are beginning to normalise, creating further opportunity."

Givoni says the project is a&nbsp;highly considered example of adaptive re-use, delivering quality, high-end residences, premium hotel-inspired amenities and an architecturally striking façade, all achieved without the need to remove the existing structure.

"We are really looking forward to the market’s response,” he said.&nbsp;

ALTA Property to deliver $200 million Queens Road apartment tower

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

&nbsp;

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Staff Writer

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

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

Australian property developer Third.i and joint venture partner Phoenix Property Investors (PPI), are planning to provide frontline Sydney healthcare workers with a range of new affordable housing at their Crows Nest Metro over-station project, Hume Place.

In an industry-first, Third.i and PPI are partnering with one of Australia’s largest community housing providers, Evolve Housing, and proposing to designate 15 per cent of the mixed-used development to nurses, midwives, health professional and services staff working at nearby Royal North Shore (RNS) Hospital and other local health facilities.

This will allow health workers, who are unable to find affordable rental apartments within the local government area, to live close to their workplaces. A demographic study 1 commissioned by Third.i and PPI shows that local health workers and services staff are being forced to travel between 30-50 kilometres to get to work every day or night. Workers from Royal North Shore Hospital living alone are paying up to 58 per cent of their salary for a studio in the local area.

Health Services Union Secretary, Gerard Hayes, said we have a housing crisis that is becoming a health crisis.

"Essential health workers are already making the tough decision to leave the sector in search of work closer to home. A hospital cleaner, a physiotherapist, a wardsperson, these workers shouldn’t have to travel for hours each day, coming to work already exhausted. We need solutions that mean these workers can afford to live in the communities they serve," Hayes said.

<img alt="Hume Place" data-entity-type="file" data-entity-uuid="b635fca7-b5b2-4d32-a604-b218a2c2e2e5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-09%20at%208.53.14%20am.png?VersionId=y.4veFgMUYw6FaOrPXbVk50XN3mlyxBw" />

NSW Nurses and Midwives’ Association General Secretary, Shaye Candish, welcomed the Third.i and Evolve partnership, pointing to a new member survey, which showed the lack of affordable housing was causing stress and anxiety for many healthcare workers.

“Many nurses and midwives in NSW struggle to secure affordable housing. 76% of respondents to our member survey said a lack of affordable housing was a problem, and over half indicated they were insecure in their current accommodation or didn’t have a steady place to live,” Candish said.

“Proximity to work is particularly relevant because of nurses and midwives’ work patterns, including shift work. 90% want to live near their workplace and access to affordable housing influences their employment decisions. 69% of respondents said they were experiencing rental stress.

“With the crippling cost-of-living pressures, the harsh reality is that the overwhelming majority of healthcare workers simply cannot find, let alone afford, to live near RNS, The Mater or other health facilities on the lower north shore.

Evolve CEO Lyall Gorman said&nbsp;demand for affordable housing far out-strips the current supply on to the market.

“That’s why we’re delighted that Evolve’s partnership with Third.i will potentially deliver a pipeline of new affordable housing for healthcare workers, who otherwise would be travelling between 1-2 hours to get to work every day.”

Third.i Director and Co-Founder Robert Huxley said Third.i was excited that the ‘Hume Place’ development could help address the chronic shortage of quality, affordable housing on Sydney’s lower north shore.

“We want to give frontline healthcare workers, like nurses, midwives, paramedics, and health professional and services staff, the chance to finally find quality, affordable housing options, close to Royal North Shore Hospital, The Mater Hospital and other local health facilities,” Mr Huxley said.

“The strategic location of the development, right above the Crows Nest Metro, will allow health care workers to easily access Royal North Shore Hospital, RPA, Sydney and St Vincent’s Hospitals, within just a few minutes. “Our proposed amended design aligns with the Minns Government’s drive to get more housing in connected, urban areas around stations and transport hubs, allowing key workers to live close to their work.”

<img alt="Third.i" data-entity-type="file" data-entity-uuid="a2ecf4a7-3137-48b8-a6de-525722a8afd1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-09%20at%209.03.57%20am.png?VersionId=Y3aguPjFQxw9fYnZFZRNYMAjqpQ25HOX" />

Third.i and PPI have already been granted Stage 1 approval for the Metro Precinct (Site A and B) development, but due to a decreased demand for office space, the urgent need for additional residential density in the LGA and in line with the Minns Government’s commitment to increasing the low supply of affordable housing, Third.i and PPI are proposing to amend the concept SSD for Site A for mixed-use, which includes a mix of affordable housing, private residential, retail, and commercial floor space.

Huxley said Hume Place will not only address the growing residential needs of the community, but create much-needed economic activity for local businesses.

“Should the project be approved, it will offer frontline workers a new benchmark of affordable and convenient inner city living; close to transport hubs, amenities and major hospitals in the Northern Sydney Local Health District. Frontline health workers, cleaning and catering staff working at local hospitals will all benefit from the affordable housing options, greatly-reduced travel times and improved work-life balance. 3 “These new residents will shop and spend locally which will be an added bonus for the local business community.”

Third.i will hand over the title of the affordable tower to Evolve, should the amended application be approved. The proposed precinct is set to launch to market on 15 October 2023 at the local community event, Crows Nest Fest.

Third.i has partnered with over 40 local businesses to offer attendees the chance to win one of three $10,000 voucher packs, to be used throughout Crows Nest.

Health Services Union Secretary, Gerard Hayes, said we have a housing crisis that is becoming a health crisis

Third.i to offer affordable housing to frontline workers at Crows Nest over-station development Hume Place

Off the plan purchasers&nbsp;have moved into 225 Burke Road in Glen Iris following its recent completion.

Only a few of the 16 contemporary apartments remain for sale. The two-bedroom apartments were snapped up pre-completion, leaving just a few three-bedroom apartments for sale.

[smartcode_project:default project_id=5016 project_image_fid=225966]

A three-bedroom garden apartment with extensive landscaping is priced at $1.67 million. The three-bedroom penthouse is also still for sale. The penthouse features sweeping views of Melbourne, a kitchen with a butler’s pantry, and a home office.

Melbourne-based C. Kairouz Architects designed the building with a robust façade, which gives way to warm, inviting, and minimalist apartments designed to cater to the needs of modern living with contemporary fixtures and finishes.

[smartcode_project:default project_id=5016 project_image_fid=225961]

The kitchens feature striking natural stone benchtops, and top-of-the-line integrated Miele appliances, while the bathrooms feature rainwater showers, and the master ensuites have double vanities.

The oak floorboards add warmth, character and balance to the home, while floor-to-ceiling double-glazed windows envelop the living areas, flooding the home with abundant natural light.

[smartcode_project:default project_id=5016 project_image_fid=225965]

225 Burke Road boasts an enviable location within walking distance of High Street trams, shops, cafes, esteemed schools, Glen Iris station, and the M1 Freeway, which offers easy access to the rest of Melbourne.&nbsp;

Gardiners Creek Trail and Central Park are also nearby, making it an ideal choice for those who enjoy an active outdoor lifestyle.

Jellis Craig Projects Sales Director Stephen Bowtell is marketing the ready-to-move-in apartments.

[smartcode_project_cta:default project_id=5016]

Only a few of the 16 contemporary apartments remain for sale

Glen Iris apartment development 225 Burke Rd welcomes residents following completion

Residential developer Azure has secured a buyer for the most expensive penthouse in their Toowong apartment development, One Earle Lane.

The penthouse, one of four that will top the project in Brisbane's inner west, sold for $3.85 million to a local buyer.

One Earle Lane by Azure, which is taking shape on a 2,697 sqm parkside block on the corner of Sylvan Road and Earle Lane, comprises 90 apartments across eight levels.

Just eight apartments are left in the project, including three penthouses which start from $3.6 million.

[smartcode_project:default project_id=112120 project_image_fid=206696]

Azure Director Trent Kiernan said One Earle Lane has been "extremely well received by the market."

“We’re pleased to announce that, with construction now well under way, the first of our exclusive penthouse collection has sold to a local buyer capping off a strong run of sales across the development,” Kiernan said.

“One Earle Lane has been extremely well received by the market with buyers recognising our vision to create a premium project that offers a suite of superbly appointed residences and amenities.”

Designed by Paul Conrad from Conrad Architects, One Earle Lane will deliver a collection of one-, two- and three-bedroom apartments that have been crafted to take advantage of the site’s proximity to urban and natural amenity, including Toowong Park and the nearby Brisbane River.

[smartcode_project:default project_id=112120 project_image_fid=206695]

Residences in the Parkview and Penthouse Collection each deliver unobstructed northern views across the heritage-listed park.

The four penthouse apartments command park and city views on the northern façade and provide spacious living areas that are enhanced by expansive balconies.

Each penthouse features three bedrooms plus a multi-purpose room.

“Among the buyers showing interest in the remaining Parkview and Penthouse Collection are affluent downsizers from surrounding suburbs who appreciate everything the area has to offer,” Keirnan added.

“As One Earle Lane starts to take shape, we anticipate that interest in our Parkview and Penthouse Collections will continue to increase.”

One Earle Lane takes residential living in Toowong to a new level, from the entry lobby, concierge desk and business lounge, to the rooftop residents club above the eighth floor with its resort-style facilities including a wellness area with a large sauna, steam room, hot and cold magnesium plunge baths and gymnasium.

The rooftop recreation club will feature a 25-metre swimming pool with sun lounges and barbecue area, while the wellness centre will deliver a combined offering of restoration zones and physical activities.

[smartcode_project:default project_id=112120 project_image_fid=206691]

The indoor spaces within the residents’ recreation club include a cinema and a private dining room, which is fully equipped with a chef’s kitchen to provide a true residential dining experience - or it can double as a luxe boardroom or an area for business presentations.

One Earle Lane, with its dominating frontage along the tree-lined Sylvan Road, takes advantage of its prime location in Toowong, the western gateway to Brisbane’s CBD and surrounded by natural and urban amenities, including retail, education and professional employment nodes.

Keirnan said Azure has taken a global design approach with One Earle Lane to create bespoke residences that are aligned with the demands of owner occupiers.

“We pride ourselves on creating communities in which people live and One Earle Lane epitomises this philosophy. The level of amenity to be found is the kind that would only be available in a building with twice the number of apartments.

“One Earle Lane also delivers a diverse range of residences to cater for a range of buyers looking for a chic and sophisticated lifestyle that truly feels like home. We are pleased to say that our buyers recognise the level of detail and planning that has gone into this project to achieve this.”

One Earle Lane is under construction by 5Point Projects, the builder that is currently progressing construction of Azure’s One Five Six project in New Farm, which is due for completion in the first quarter of 2024.

Construction of One Earle Lane began in January this year, with Azure targeting completion in the fourth quarter of next year.

[smartcode_project_cta:default project_id=112120]

One Earle Lane by Azure, which is taking shape on a 2,697 sqm parkside block on the corner of Sylvan Road and Earle Lane, comprises 90 apartments across eight levels

Azure secure priciest sale in One Earle Lane, Toowong apartment development

Johnson Property Group has received State significant masterplan approval for its $600 million Trinity Point development in Lake Macquarie.

The green light fast-tracks the masterplanned community’s plans to provide a unique blend of sustainable luxury living and a significant economic boost to Lake Macquarie and surrounding areas.

Set against the scenic 3.8-hectare backdrop of waterfront property overlooking Barden’s Bay, Trinity Point promises a mix of premium resort hospitality, retail spaces and apartments, as well as a state-of-the-art marina and helipad.

<a data-entity-type="file" data-entity-uuid="4e7a4306-1545-4303-8757-498bd3b47266" href="/new-apartments/trinity-point-estate-81-trinity-point-drive-morisset-park"><img alt="Johnson" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-06%20at%2012.36.07%20pm.png?VersionId=5OaqRTMm9aqE.5x_GFEQmXQllS.Ru0_0" /></a>

The masterplan features 180 luxury apartments with 614 car spaces, a 218-room hotel, a function centre for up to 300 people, a medispa and wellness retreat, six serviced apartments and two 300-seat restaurants.

Currently on the site sits restaurant 8 at Trinity.

Johnson Property Group's Natalie Johnson says they built an $8 million, 350-seat pop-up&nbsp;restaurant to showcase a taste of what is to come in the proposed development.

“It currently attracts up to 1000 to 1200&nbsp; customers per day with 80% travelling up from Sydney for the experience," Johnson says.

"It makes you feel like you could be anywhere in the world without getting on a plane, proving the incredible demand and future success of a project of this calibre.”

<a data-entity-type="file" data-entity-uuid="e4cdfd47-2eaa-4633-9b26-87babcec951b" href="/new-apartments/trinity-point-estate-81-trinity-point-drive-morisset-park"><img alt="Johnson" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-06%20at%2012.36.33%20pm.png?VersionId=ticI7ug2NWq91pN_CnXjhT6NapWCo82J" /></a>

Trinity Point’s 188-berth marina is poised to become one of New South Wales’ largest, creating hundreds of new jobs in the region.&nbsp;

Keith Johnson of Johnson Property Group said Trinity Point isn’t merely a development, it’s a world-class resort development.

"[The] 188-berth marina will attract tourism from around the World because there is nothing else like it in Australia," Johnson says. The marina will become one of&nbsp; New South Wales’ largest marinas, creating hundreds of new jobs in the region.&nbsp;

Renowned architect Koichi Takada has been in charge of the designs of the new stage of Trinity Park. He took&nbsp;inspiration from the serene surroundings and rolling Watagan Mountains.

“Our design concept aims for harmonious interaction with nature,” Takada said.

Fluid, sculptural forms are blanketed with green roofs touching the ground in the same manner as the nearby mountains meet the lake.

<a data-entity-type="file" data-entity-uuid="63d1d846-fc91-4791-b71d-02f57cf1ba5c" href="/new-apartments/trinity-point-estate-81-trinity-point-drive-morisset-park"><img alt="Jonson" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-06%20at%2012.38.27%20pm.png?VersionId=e3FTqZw3lOSRCBZkQmc8oxcQ2f_a4OKe" /></a>

Much of the site will remain publicly accessible, featuring a major public pedestrian walkway along the foreshore and secondary through-site links weaving around the buildings. These walkways offer a trail experience, connecting private and public areas.

Koichi Takada Architects will also bring its signature biophilic design to Trinity Point. Think solar panels tucked between lush green roofs, rainwater collection systems, and boardwalks that don’t just look good—they do good.&nbsp;

Lake Macquarie’s property market has shown up to a 40 per cent increase over the last year alone. The recent completion of the Sydney–Newcastle Expressway adds to the region’s desirability.

The masterplan features 180 apartments, a 218-room hotel, a function centre, a medispa and wellness retreat, six serviced apartments and two 300-seat restaurants

Johnson Property Group secure approval for Koichi Takada-designed Trinity Point, Lake Macquarie development

Developer Spark Projects is on track to complete the construction of Triple 1 Residences, their boutique Elsternwick apartment development of just 10 apartments.

Only three two-bedroom apartments remain in Triple 1, which has been sought-after by homeowners who have wanted convenience at their fingertips.&nbsp;

[smartcode_project:default project_id=141885 project_image_fid=225911]

The Finnis Architects-designed building on Gardenvale Road is ideally located near several cafes, wine bars, and retail, while also just 300 metres from Gardenvale Train Station, which will take residents to the Melbourne CBD in around half an hour.

On the doorstep of Triple 1 is Omar and The Marvelous Coffee Bird, while a three-minute walk down Martin Street is King Prawn Seafood &amp; Grill, Italian restaurant Fox in the Box, Escargot Bakery, and Grape and Grocer. The Brighton Bay Medical Centre and several health clinics are on the adjacent block.

[smartcode_project:default project_id=141885 project_image_fid=225916]

Martin Street leads to the Elwood Beach Bay Trail, providing walkable access to the shoreline and Elwood Park. Other nearby landscapes include Elsternwick Park and Elster Creek.

Finnis Architects created a striking façade with modern lines to make Triple 1 stand out from the streetscape. The apartments feature kitchens with Miele appliances and Franke and Phoenix Tapware.&nbsp;

[smartcode_project:default project_id=141885 project_image_fid=225912]

The open-plan dining and living areas extend to a balcony with treetop views.

Prices for the completed apartments start from $850,000.

[smartcode_project_cta:default project_id=141885]

Only three two-bedroom apartments remain in Triple 1, which has been sought-after by homeowners who have wanted convenience at their fingertips

Triple 1 Residences construction to conclude and ready for move-in this month

It's been around 15 years since a new apartment project was developed in Bargara, the small coastal town around 13 kilometres east of Bundaberg.

Longtime Brisbane real estate agent Graham Furtado saw it as an opportunity to return to his hometown and create what locals are saying is the first off the plan apartment opportunity since 2007.

Furtado has recently launched MIRA Living, just 25 apartments on a site which Furtado describes as the best in Bargara.

[smartcode_project:default project_id=138280 project_image_fid=222855]

"We're strategically located at the south end of Esplanade, which in itself is a busy street given it faces the beach," Furtado says.

"We're however within touching distance of all the amenity the comes with a beachfront strip, but we're quietly positioned at the end of the street, just a few hundred metres from the sand and the beachfront."

The peninsula location puts future MIRA Living residents just 300 metres to Bargara Golf Club, 400 metres to the shops and cafes on the Esplanade, and 300 metres to Kelly's Beach and the Basin.

While Furtado knew he was tapping into a market which has been starved of off the plan product, he hadn't expected sales to come at the rate they have.

[smartcode_project:default project_id=138280 project_image_fid=222667]

"Around 30 per cent of the project has already sold, much quicker than anticipiated," Furtado says. His buyers have predominantly been locals, while there's been a couple from the Sunshine Coast and one from Brisbane.

"The demand is definitely there in Bargara," Furtado says. "If there's another opportunity to acquire a site with similar density then there's certainly opportunity to serve an undersupplied market."

Designed by Mondo Architects in collaboration with design specialist Sarah Wood Design, MIRA Living comprises 25 three-bedroom apartments which cater for the owner-occupier. A number of the apartments, which all feature high-end European appliances, master bedrooms with walk-in wardrobes and ensuites, have a study or multi-purpose room.

[smartcode_project:default project_id=138280 project_image_fid=222661]

Each apartments also has basement garaging for two cars. Residents will have private amenity in the form of a tropical landscaped pool and gardens adjoining a communal alfresco area.

The site has been cleared, and Furtado is hoping to commence construction early next year, with a mid-2025 completion date anticipated.

Furtado has been an estate agent across Brisbane for the best part of three decades.

[smartcode_project_cta:default project_id=138280]

Furtado has recently launched MIRA Living, just 25 apartments on a site which Furtado describes as the best site in Bargara.

Furtado Property secure early success at rare Bargara apartment development MIRA Living

Boutique luxury developer builder MADE Property are launching Corsa Mortlake, their absolute waterfront development&nbsp;on Majors Bay in Sydney Harbour, this weekend.

The Mortlake development has just 20 three-bedroom apartments designed by SJB, all of which capture uninterrupted panoramic water views. One of the unique selling points of the project is the private 230metre marina berth, which accommodates boats from 12 to 20 metres in length.

Corsa Mortlake is located on Mortlake Point's last remaining foreshore site.

<a data-entity-type="file" data-entity-uuid="e55b8e99-dac0-4f1f-8f04-56c4b3654ff4" href="/new-apartments/corsa-mortlake-140-tennyson-road-mortlake"><img alt="Corsa Mortlake Marina" data-entity-type="file" data-entity-uuid="e55b8e99-dac0-4f1f-8f04-56c4b3654ff4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Mortlake_CGI_Marina_R04.jpg?VersionId=kZknfLanWpoS3Pg9xsLD_z8Ntm.47_qE" /></a>

&nbsp;

SJB also handled the interiors of Corsa Mortlake.&nbsp;SJB’s Design Director Adam Haddow said the&nbsp;project feels as though it has grown from the ground up.

"Engulfed in generous landscaping, each space has a view toward the natural. It was paramount to ensure that each space had a stunning outlook, so much so that each apartment has a unique layout to maximise views and space.&nbsp;

&nbsp;

"Achieving 100% cross ventilation, the spaces feel light and airy, with connection to the waterfront informing every design decision. Light masonry tones reference the Parramatta foreshore, with subtle textures and details replicating the natural landscape.”

Read more:&nbsp;<a href="/news/nsw/how-sjb-designed-made-propertys-corsa-mortlake-apartment-development">How SJB designed Made Property's Corsa Mortlake apartment development</a>

&nbsp;

Leading marina industry consultant, Brett Bolton of Coriolis Marine, said it is well known that Sydney Harbour currently has a significant shortage of marina berths in comparison to boating demand, especially for larger-sized boats. &nbsp;This will only get tighter as the industry continues to grow and there are limited opportunities in the Harbour to build new or expand existing marinas.&nbsp;

‘It’s extraordinarily rare to buy an off the plan waterfront apartment with the opportunity to acquire a strata-titled marina berth," Bolton says.

"This is what makes the offering at Corsa Mortlake highly exclusive."

The marina has been designed to the latest Australian Standard and incorporates extra wide walkway, three phase power, water, CCTV, and a coffee kiosk.

<a data-entity-type="file" data-entity-uuid="3b8d7ea2-9ab0-4b97-91db-7c6acc4a77ff" href="/new-apartments/corsa-mortlake-140-tennyson-road-mortlake"><img alt="Corsa Mortlake Balcony" data-entity-type="file" data-entity-uuid="3b8d7ea2-9ab0-4b97-91db-7c6acc4a77ff" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Mortlake_CGI_Balcony_R06.jpg?VersionId=BvXOLf765WFC1abAn9jxa0D.BBzKDkck" /></a>

As part of the development, the boardwalk which fronts the project will be extended as part of the Canada Bay Council Foreshore Access Strategy, which aims to improve and increase access to the foreshore areas around Canada Bay.&nbsp;

MADE Property Development Manager Todd Moody said Corsa Mortlake will offer a truly exceptional boutique waterfront development ideal for local downsizers looking for the ultimate lifestyle investment potentially with the added convenience of mooring their boat at their residential address. &nbsp;

The project is expected to be popular with local downsizers and empty nesters.

Corsa Mortlake helping to alleviate shortage of marinas in Sydney Harbour


MADE Property to launch luxury Corsa Mortlake apartments

Mirvac has firmed up plans for the next stage of Zetland's burgeoning Green Square precinct.

The ambitious $13 billion Green Square redevelopment has been a longstanding collaboration between Mirvac and Landcom, the NSW Government owned property developer, since 2012. Over the last decade they've focused on the 13.7 hectare block of land surrounding the Green Square Train Station, which has seen them already construct hundreds of apartments, extensive food and beverage tenancies, a library, and a primary school.

The latest $315 million plans are a revision on a 2017-approved development application. Proposed are three towers at 960A Bourke Street, two designed by Tzannes Architects and one designed by Bates Smart, both in collaboration with Mirvac's in house design team.

The amalgamated 3,688 sqm block, referred to as Site 7, Site 17 and Site 18, will flank the Green Square central plaza, opposite the Green Square Library and the Green Square Train Station and next door the the award-winning completed residential development Infinity by Crown Group.

<img alt="Mirvac Green Square" data-entity-type="file" data-entity-uuid="1eb84464-9f8e-4011-ba0b-ff3615062b52" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-05%20at%203.17.22%20pm.png?VersionId=CZPBLVddBwqcqI4jv4KaWvbG.FeLeNOO" />

The buildings will rise 13, 18 and 20 storeys.

The 13 and 18-storey buildings, designed by Tzannes, were designed to be&nbsp;complimentary in their form, but display individual identities through differing materials, vertical and horizontal articulation, Tzannes noted in their Design Statement submitted to City of Sydney Council.

The Site 7 tower has been designed with a glazed commercial podium with a residential tower floating above, while Site 17 is a brick apartment building, with "reference to Sydney’s long history of small and medium sized brick residential fl at buildings."

There will be 183 dwellings spread across the two buildings, the majority two-bedrooms apartments. There will also be a handful of two and three-bedroom townhouses.

At the foot of the two Tzannes-designed buildings will be 14 retail spaces.

<img alt="Tzannes Mirvac" data-entity-type="file" data-entity-uuid="d84ff26f-6b5c-4130-80f6-0c13c4134226" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-05%20at%203.21.18%20pm.png?VersionId=goVrkEdtfpSAOhbd5D1qH8R09xrDIOIb" />

Bates Smart has designed the tower, referred to as Site 18, on the smallest section of the site.

That will have just 77 apartments, again heavily weighted towards two-bedrooms (67%).&nbsp;Bates Smart said the change in the apartment mix was due to the evolution of Green Square since they designed the original tower over six years ago.

"Green Square has undergone radical change in recent years as the public domain and community infrastructure envisioned by the Green Square DCP has come to life," the architecture studio wrote in their Design Statement.

"The completion of key community buildings has made for a highly liveable town centre, including; the Green Square Library and Plaza, Community Centre, Gunyama Park Aquatic and Recreation Centre and the Drying Green. Future Improvements including the Green Square Public School and an ever growing retail network will only continue to make the area more desirable.

"This changing context has seen a shift in the market from investor product to larger owner-occupied dwellings which has underpinned the re-thinking of the design of Site 18."

They said the&nbsp;façade approach "contrasts a crisp white frame with a family of ‘cool’ infill elements that provide a calm and elegant backdrop for the staggered primary frame."

<img alt="Bates Smart Mirvac" data-entity-type="file" data-entity-uuid="9b7a2503-eb7f-4881-b25c-7a72ccf9a070" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-05%20at%203.50.34%20pm.png?VersionId=kEP.xfcQi_iD830tne4YbSQ7f5v9Lkem" />

&nbsp;

Mirvac recently topped out three of their Green Square apartment developments,&nbsp;The Frederick, Portman on the Park, and Portman House,&nbsp;which have a combined construction value of over $210 million.

&nbsp;

Over 80% of the apartments are sold, to a mix of owner occupiers, young first home buyers and investors.

<a href="/developers/mirvac" target="_blank">Mirvac</a>&nbsp;CEO Development Stuart Penklis said the completion of the three buildings forms a significant milestone for the ongoing evolution of Green Square from one of the city’s oldest industrial suburbs to Sydney’s first new town centre in more than a century.

"The new community we are delivering in partnership with state and local government at Green Square has already contributed homes for over 1,000 residents, and these three new apartment buildings will see a further 685 residents calling the precinct home by the end of 2023," Penklis said.

When Mirvac complete Green Square they will have delivered more than 1,600 apartments.

<h1>Fast Facts about 960A Bourke Street, Zetland</h1>

Site 7: 19-storey building with an 8-storey podium fronting Green Square Plaza comprising ground floor retail, ground floor loading dock, commercial uses within the podium, 124 apartments, landscaped communal open space and landscaped podium roof terrace.

Site 17: 14-storey building with a 4-storey podium fronting Green Square Plaza comprising ground floor retail, commercial uses within the podium, 183 apartments and a landscapes podium roof terrace.

Site 18: 21-storey building comprising ground floor retail, 77 apartments and a landscaped roof terrace

The ambitious $13 billion Green Square redevelopment has been a longstanding collaboration between Mirvac and Landcom, the NSW Government owned property developer, since 2012

First look: Mirvac continue Green Square transformation with three-tower mixed-use development

Melbourne unit value growth doubled month on month in September, with the growth in apartments and townhouses outstripping house value growth.

Following modest gains of 0.4 per cent in July and 0.3 per cent in August, Melbourne units grew 0.6 per cent over September, compared to the 0.3 per cent growth houses in the Victoria capital posted, according to&nbsp;CoreLogic's Monthly Hedonic Home Value Index.

Melbourne unit values are now 1.6 per cent up over the rolling quarter, and 3.3&nbsp;per cent year to date. The median value for units in Melbourne is now $612,585.

CoreLogic Research Director Tim Lawless noted that in&nbsp;the more expensive cities, Sydney and Melbourne, the broad middle of the market is now recording the highest growth rate after previously being led by the upper quartile.

“Possibly we are starting to see renewed affordability challenges deflecting more demand towards the middle of the market where barriers to entry are lower,” Lawless said.

Read more:&nbsp;<a href="/news/vic/city-beat-august-2023-buyers-start-to-emerge-in-melbournes-off-the-plan-market">City Beat August 2023: Buyers start to emerge in Melbourne's off the plan market</a>

<h2>What's happening in the Melbourne off the plan market?</h2>

Melbourne is arguably the slowest of markets to understand the value that off the plan apartments offer currently.

Everything in Melbourne points to a prolonged period of growth. The supply and demand imbalance is the largest in the country by some distance, and the most concerning part for Melbourne is that the gap is likely to widen, not narrow. Not enough apartment developments are getting launched, nor are development sites transacting. At the same time, immigration numbers are expected to be the highest in the country.

Anecdotal feedback from agents however is that the majority of buyers are not ready to commit to a purchase yet, with confidence of deliver an issue. However more buyers are starting, or restarting, their purchasing journey now there's more confidence in the RBA holding rates.

Buxton Projects Director Josh Buxton believes there's a real opportunity to make money in the off the plan apartment market at the moment.

"Over the next decade we’re going to see a large shortfall of supply, and at some stage those pressures will come in and people will realise there’s money to be made in buying off the plan property," Buxton said.

"When property prices jumped by 40 per cent in some areas during COVID, off the plan prices didn’t move which is incredible. That means you’re still buying at a price that you might have afforded back in 2020. Buyers can’t do that in the established market after such significant price jumps."

Buxton recently started construction on ADA Toorak, just 22 three-bedroom apartments designed by Paul Conrad on Malvern Road.

[smartcode_project:default project_id=92806 project_image_fid=175568]

Buxton said he couldn't believe how quickly enquiry changed when they started building.

"There was a really distinct line. It wasn’t when the site was demolished, or site prep, but as soon as the concrete was poured, then we got activity."

Construction on the striking building is slated for mid-2024. Buxton says ADA brings something different to Toorak, offering a more affordable solution to the bluechip suburb without compromising on quality.

"We wanted to provide the quality Toorak locals have come to expect from high-end homes but in an apartment. We really pushed on the landscaping too so downsizers are still surrounded in greenery without the maintenance of a large yard.

[smartcode_project:default project_id=92806 project_image_fid=175569]

OSK Property is finding buyers are saying the same about builder confidence at BLVD, their latest stage of their&nbsp;$2.8 billion Melbourne Square development in Southbank.

BLVD, which follows two completed residential towers, comprises 591 apartments and a suite of wellness facilities and sustainability features which have become the cornerstone of the masterplan.

OSK Property Sales and Marketing Director Ivy Chen said they are seeing success because of the certainty they bring to the off the plan apartment market.

"What is influencing buyers is having the&nbsp;certainty that construction will indeed go ahead. They will research the quality of past projects as evidence too."

[smartcode_project:default project_id=107714 project_image_fid=214124]

Chen says&nbsp;demand for both completed and off the plan apartments is very strong at the moment.

"There has been a big change from previous years with a noticeable switch of purchaser type from investors to owner occupiers. Now more than half are owner occupiers," Chen advised.

She says buyers are more demanding in their requirements for floor plan layouts, views, and storage space, as well as&nbsp;whether the development has any sustainability or wellness features, the latter more of a requirement since COVID.

"People are definitely more focused on their mental and physical health now," Chen noted.

[smartcode_project:default project_id=107714 project_image_fid=211867]

Lendlease have quickly secured two thirds of sales at their Regatta at Collins Wharf development, which has prices starting from $591,500 through to nearly $4.7 million.

<a href="/developers/lendlease-development">Lendlease</a>&nbsp;Head of Apartments Daniel Dugina&nbsp;said the&nbsp;significant demand demonstrates the return of confidence in the off the plan housing market.

[smartcode_project:default project_id=134684 project_image_fid=224391]

He said the development has been welcomed by first home buyers through to downsizers seeking a quality home within the desirable dual-waterfront neighbourhood with easy access to the CBD.

“Regatta at Collins Wharf is the next stage of our ongoing investment in the area, with the precinct’s location presenting an exciting opportunity for Melbourne's city centre to stretch further westwards and engage with the water, connecting its maritime past with the contemporary vibrancy of the city for residents, workers and visitors.”

Melbourne unit values are now 1.6 per cent up over the rolling quarter, and 3.3 per cent year to date

City Beat September 2023: Melbourne unit growth outstrips houses as buyers look ahead

Top Spring Australia put ceremonial shovels to the ground last week on its $580 million St Leonards project, The Newlands.&nbsp;

The 1.26-hectare master-planned community is revolutionising urban living in a bushland setting by putting leading biophilic design principles at its core.&nbsp;

&nbsp;

The major milestone follows several months of demolition and clearance work on the Canberra Avenue site, making way for 4.5-star iCIRT-rated builder DASCO to commence construction on stage one of The Newlands.&nbsp;

Top Spring Australia Managing Director, Sydney Ma, said The Newlands represents a new era of urban design that enhances wellness and lifestyle from the inside out.&nbsp;

“The Newlands is more than just a place where people live,” Ma said.

“It is designed to change their lifestyle for the better, and it achieves this through biophilic design elements that enhance access to natural light, fresh air, beauty and connection to landscape and green spaces.&nbsp;At its heart is an enduring focus on wellbeing, connectivity and community."

[smartcode_project:default project_id=24509 project_image_fid=203619]

Ma said The Newlands delivers&nbsp;a rare opportunity for urban renewal and housing diversity with 330 homes across five low and medium-rise buildings, just five kilometres from the CBD and a short walk through bushland trails to the shores of Sydney Harbour.

Top Spring Australia Development Director, Jeff Curnow, said The Newlands reflected a rare opportunity to fulfil a community-driven design approach embracing the tree canopy of the century-old Newlands Park, with half of the site dedicated to green and open spaces.&nbsp;

&nbsp;

“It’s a remarkable design achievement by Bates Smart that 90 per cent of apartments and terrace homes have direct landscape outlooks,’’ Curnow said.&nbsp;

“Newlands Park, with its open spaces and towering trees, will provide residents with both a tranquil escape and a permanent green canopy to view from their apartments.&nbsp;

“The ‘tree-change’ lifestyle also connects within the development’s central 5,700 sqm green spine, communal landscaped gardens and 1,500 sqm of communal rooftop amenity.’’&nbsp;

[smartcode_project:default project_id=24509 project_image_fid=203623]

&nbsp;

The project is achieving strong sales from buyers keen for an alternative to high-rise living, recording $165 million in sales in the past six months, bringing the total value of sales to more than $215 million.&nbsp;

Demand has led Top Spring Australia to fast-track the release of the Glade collection, a boutique nine-level building of one, two and three-bedroom apartments situated beside the community’s tranquil green spine, future pocket park and nature pathways.&nbsp;

The Bates Smart-designed project has achieved a 6.5 NatHERS rating across the site. Sustainability features include energy-efficient appliances, water fitments and lighting, 100KW of solar panels to contribute to power in common areas and 30 EV communal recharging stations with infrastructure in place for chargers on each car space.&nbsp;

&nbsp;

Other resident services include communal wellness spaces with gym facilities, saunas and pool, private dining area with city skyline views, electric vehicles and e-bikes for exclusive use by residents, refrigerated parcel lockers for grocery deliveries, and a digital concierge to connect services such as cleaners, personal trainers, and dog walkers.

[smartcode_project:default project_id=24509 project_image_fid=203622]

Premium finishes such as timber flooring and 60mm natural stone kitchen benchtops are standard, with buyers able to choose from a range of luxurious upgrades and light or dark colour palettes. &nbsp;

The Newlands is being marketed by Colliers International, with prices starting at $870,000 for a one-bedroom apartment, $1.465 million for two-bedroom apartments, and $2.43 million for three-bedroom apartments.&nbsp;

The first stage of The Newlands is due for completion in late 2025.&nbsp;

Top Spring Australia’s other Sydney projects under construction include the ultra-luxury Munro House in Elizabeth Bay and Ode, Double Bay.&nbsp;

[smartcode_project_cta:default project_id=24509]

Top Spring Australia Managing Director, Sydney Ma, said The Newlands represents a new era of urban design that enhances wellness and lifestyle from the inside out

Latest Property News

Smith by Valli delivers a refined collection of luxury residences to Melbourne’s inner north

Guides

Editor's Picks

Guides

Developments

New apartments

New townhouses

News

Latest Property News

Smith by Valli delivers a refined collection of luxury residences to Melbourne’s inner north

Guides

Editor's Picks

Receive the latest news stories to your inbox

Guides

Developments

New apartments

New townhouses

News