<a href="https://www.apartments.com.au/new-apartments/smith-by-valli-collingwood-224-228-smith-street-collingwood-vic-3066">Smith Collingwood</a> is a new boutique apartment development bringing a refined, design-led approach to one of Melbourne’s most established inner-city neighbourhoods.

Designed by <a href="https://www.apartments.com.au/architects/pandolfini-architects">Pandolfini Architects</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/lisa-buxton-interiors">Lisa Buxton</a>, Smith by Valli sits on iconic Smith Street and comprises just 22 residences tailored toward owner-occupiers seeking a more considered style of apartment living.

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The design of Smith focuses on a north-facing orientation across all residences, a relatively uncommon feature in dense inner-Melbourne settings. Each apartment has been planned to maximise natural light and outlook, alongside a material palette defined by warm tones, custom joinery, and a full suite of Gaggenau appliances.

The development comprises a mix of one, two, and three-bedroom apartments, with pricing currently ranging from just under $1 million to around $4.85 million for the premium penthouse-level residences, reflecting growing demand for luxury owner-occupier product in Melbourne’s inner urban market.

Residents will also have access to a private rooftop garden designed as an elevated retreat above the city, &nbsp;featuring curated landscaping, veggie boxes, intimate seating areas and spaces for relaxed gatherings. Sustainability has also been integrated into the project through a 7-star energy rating and two secure bicycle facilities for every residence.

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Smith by Valli sits in the heart of one of Melbourne’s most established retail and hospitality strips, within walking distance of venues such as Falco Bakery, Carnation Canteen and Alimentari, alongside parks and everyday services. With a Walk Score of 99, the location reinforces the project’s positioning toward buyers prioritising walkability and access over car dependency.

With only a limited number of residences, Smith reflects growing demand for smaller, highly curated apartment developments that prioritise design quality, liveability, and connection to neighbourhood character.

[smartcode_project_cta:default project_id=140747]

Joel Robinson

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

<a href="https://www.urban.com.au/developers/far-east-consortium">Far East Consortium</a>’s 640 Bourke Street stands as a testament to&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic-3000">Melbourne</a>’s ability to bridge its storied past with a bold vision for the future.&nbsp;

Rising above the heritage-listed Eliza Tinsley building, the development reflects a broader shift toward adaptive reuse in the city, where historical assets are retained and reinterpreted as part of new residential development.

Designed by <a href="https://www.urban.com.au/architects/rothelowman">Rothelowman</a>, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> incorporates the Eliza Tinsley building as its foundation, housing a grand gallery and lobby space that serve as both a functional and symbolic centrepiece. The heritage façade informs the tower’s design, creating a connection between Melbourne’s past and its contemporary skyline.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

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Above this historic base, the 68-storey tower will deliver just over 600 residences, a notable reduction from earlier schemes, reflecting a deliberate move toward larger-format apartments and a stronger owner-occupier focus.

Unlike traditional CBD developments that prioritised investor stock, 640 Bourke Street has been repositioned to respond to changing buyer expectations.

"The discussion was all around making 640 Bourke Street the best residence to live in, to be much more focused on the people in the building rather than people looking at the building," Marsland explained.&nbsp;

This shift is evident in the development’s interiors, which emphasise practical luxury with spacious layouts, high ceilings, and floor-to-ceiling windows framing sweeping views of Melbourne and Port Phillip Bay.&nbsp;

“What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Lauren Sheldon, Far East Consortium’s Director of Sales and Marketing, said.&nbsp;

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Rothelowman Associate Jun Chang added, "We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."&nbsp;

Amenities spanning more than 3,000 sqm across multiple levels further reinforce this focus on resident experience. These include a pool, gym, co-working areas, and a range of hospitality-inspired spaces such as a whisky lounge, library, and private dining rooms, many drawing reference from traditional bathhouses and Melbourne’s laneway culture.

"We wanted to make both the pool and the gym area to be absolutely destinational, and when you traverse across to these spaces, there is a gentle familiarity to the beautiful notions of the hammams and the Roman baths, a gentle nod to history," Chang noted.

At street level, the project contributes to the ongoing transformation of the western CBD, with upgrades to Langs Lane and the introduction of retail, hospitality, and gallery spaces designed to activate the precinct and strengthen its connection to the surrounding city fabric.

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The location places residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market, and the Docklands waterfront, positioning the development within a rapidly evolving inner-city neighbourhood.

"We believe it's the best site left in the city of Melbourne," Craig Williams, Executive Director at Far East Consortium, said.&nbsp;

640 Bourke Street is Far East Consortium’s 14th building in Melbourne’s western CBD.

"A very elegant designed building. It's going to be a Melbourne statement for many, many years to come."

One-bedroom apartments are priced from around $640,000, with 640 Bourke Street targeting completion in 2029.

Renders shown are Artist's Impressions correct as of May 2026.

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Heritage-led design anchors Far East Consortium’s 640 Bourke St, Melbourne

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

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The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

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Each residence has been configured with four bedrooms, multiple living zones, a private office, and expansive ocean-facing terraces. Interiors draw on a restrained material palette, including travertine stone, timber joinery, and integrated premium appliances.

Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.

“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”

Residents will have access to a suite of wellness-focused amenities, including pools, sauna facilities, and dedicated relaxation spaces, reflecting a broader shift toward lifestyle-driven apartment design on the Gold Coast.

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The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

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MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

Apartment developers in the Gold Coast are finding new, creative ways to differentiate themselves from competing projects, as new supply starts to flow through up and down the Coast.

Developer BIG Projects brought in the renowned Sydney-based design studio YSG Studio to craft the interiors for The Frederick, BIG Projects' new Mermaid Beach project and YSG Studio's first move into the multi-residential development space.

[smartcode_project:default project_id=110588 project_image_fid=5346]

It was a strategic move for BIG Projects to bring in a Sydney eye to the development.

“Our role is to give our design partners the space and freedom to explore,” says Matt Barrett, Director of BIG Projects.

“We wanted YSG Studio to capture the essence of Nobby’s, to design a building that embraces life, light and connection, while creating a genuine sense of place.”

There are only 39 apartments in The Frederick, including a striking beach house, just 100 metres from the booming Nobby Beach precinct.&nbsp;

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Yasmine Ghoniem, Director of YSG Studio, says their vision&nbsp;for The Frederick "reinvents coastal living."

“Nobby’s has such an iconic energy, it’s one of those rare pockets of the Gold Coast where the community, the beach, and the streets all feel connected,” Ghoniem says.

"Responding to the neighbouring coastline, soothing curves add a relaxing regional overlay, while unique detailing really sets it apart. It’s a place that feels lived in from the moment you step inside.”

A standout feature of The Frederick is its rooftop terrace, an uncommon inclusion for a boutique, low-rise building, where amenity is typically concentrated at ground level.

[smartcode_project:default project_id=110588 project_image_fid=5360]

Positioned to capture panoramic views from the hinterland to the ocean, the rooftop has been designed as a series of intimate zones. It includes a pool, sauna, sun decks, workspaces and dedicated entertaining areas.

“The rooftop was conceived as a collection of spaces where residents can unwind and connect, an extension of the Nobby’s lifestyle,” Barrett says.

Architecture for the project was led by Plus Studio, with landscape design by LDG Landscape Architecture.

SRQ Projects Director Nick Clydsdale, who is handling sales at The Frederick, says the majority of enquiry is coming from South East QLD and Victorian buyers who have been actively searching between Broadbeach and Mermaid Beach for some time.

"They’ve reviewed a number of projects, however this one has stood out for its unique detailing and compelling design,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. BIG Projects is targeting a late 2027 completion.

[smartcode_project_cta:default project_id=110588]

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

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

ALTA Property to deliver $200 million Queens Road apartment tower

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

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

Privately owned award-winning building and construction company Samssons Projects took to the <a href="/developments/ivanhoe-vic-3079">vibrant suburb of Ivanhoe</a> for their newest apartment development, Ivory.

Offering just 14 low-rise apartments and town residences, Ivory homes boast a blend of modern design, spacious layouts, and prime location, with the boutique project complete and ready-to-move-in to.&nbsp;

The architectural design by C Kairouz Architects, complemented by the landscaping expertise of John Patrick, creates a harmonious blend of old and new, reflecting the unique character of Ivanhoe.

[smartcode_project:default project_id=7645 project_image_fid=82649]

Open-plan living and dining areas provide a sense of boundless space, while the kitchens are equipped with high-quality, integrated, stone-topped Miele appliances.

The bathrooms are adorned with luxurious Rogerseller tapware and feature fully tiled finishes, with the homes also boasting concealed laundries.

For those who love to entertain or simply unwind outdoors, the courtyards and terraces have been thoughtfully designed to accommodate everyday living and dining. French grey oak flooring, plush carpets, and sleek tiling add an extra touch of elegance to the interiors, while the homes also feature heating/cooling systems and double glazing, ensuring comfort all year-round.

The development offers video intercom access and a lift for easy mobility, with residents also having the convenience of basement car parking and storage compartments.

[smartcode_project:default project_id=7645 project_image_fid=82645]

Ivanhoe itself is a suburb known for its charm and desirable amenities. Residents will find Ivanhoe Plaza shopping within walking distance, along with a variety of parks to enjoy.

The development is also conveniently located near Zone 1 trains, ensuring easy access to Melbourne's city centre. Families will also appreciate the proximity to renowned schools, and commuters will benefit from quick freeway connections to the city.

Ivory homes cater to a wide range of residents, from busy professionals seeking a stylish retreat, to growing families in need of space, and even recent downsizers looking for a low-maintenance living option.

Three-bedroom apartments are still remaining, with prices starting from&nbsp;$1.35 million.

[smartcode_project_cta:default project_id=7645]

The architectural design by C Kairouz Architects, complemented by the landscaping expertise of John Patrick, creates a harmonious blend of old and new, reflecting the unique character of Ivanhoe

Inside the completed Ivanhoe apartment development, Ivory

It was a little over two years ago when Shayher Group completed their 81-level Brisbane CBD apartment tower, The One Residences.

The tower at 300 George Street, next door to Brisbane Square and behind Brisbane City Hall, is one of three that make up Shayher's $1 billion mixed-use precinct, Brisbane Quarter.

Brisbane Quarter comprises the aforementioned The One Residences, a 40-level commercial tower, and a 5-star W Brisbane Hotel, all set above a thriving retail and dining precinct.

The sprawling 7,892 sqm riverfront site was formerly the site of the Supreme Court of Queensland. It fronts North Quay, George, Adelaide, and Ann streets.

[smartcode_project:default project_id=7992 project_image_fid=179254]

Shayher Group’s Group Director, John Lin, said the precinct sets a new benchmark for luxury construction in Australia and we will look to continue our development efforts in Queensland as it experiences an era of growth.

The $300 million The One Residences home&nbsp;467 residential units. Two and three-bedroom apartments are still available in the development, which features extensive resident amenity.

At the top of the long amenity list is the exclusive Riverdeck. Surrounded by lush greenery and with an alfresco-inspired yoga area and a 15-metre swimming pool, the oasis offers an escape from the hustle and bustle of city life.&nbsp;

[smartcode_project:default project_id=7992 project_image_fid=179265]

Outdoor amenity was also considered, with The One benefitting from outdoor barbecue facilities, as well as a children's playground and a pool terrace.&nbsp;

To truly elevate the luxury living experience, The One also boasts a well-appointed sky-high Quarterdeck. The centrepiece of the&nbsp;area is a 12-metre heated swimming pool, along with a state-of-the-art gym and private dining areas.

[smartcode_project:default project_id=7992 project_image_fid=179266]

The residents' lounge offers another quiet breakout space within the tower, complimented by an adjacent reading space. Further relaxation space can be found within The One at the spa, complete with rejuvenation-inspired day beds.&nbsp;

Two and three-bedroom apartments are still available in the development.

[smartcode_project_cta:default project_id=7992]

The sprawling 7,892 sqm riverfront site was formerly the site of the Supreme Court of Queensland. It fronts North Quay, George, Adelaide, and Ann streets

The One Residences prime location on the Brisbane River

Nestled on the border of Roseville village and the commercial hub of Chatswood, DASCO's newest apartment development One Rose offers an exceptional location that seamlessly blends urban vitality with suburban tranquility.

The residential development provides residents with the best of both worlds, boasting a peaceful lifestyle while enjoying the convenience and vibrancy of one of Sydney's most thriving urban centres, with proximity to major amenities and transportation links.

[smartcode_project:default project_id=113191 project_image_fid=216999]

Roseville has long been regarded as a family friendly suburb, predominantly due to the fact over two thirds of dwellings in the suburb are houses, and it's near a number of some of the best schools in the state.

Commuting to and from the Sydney CBD is simple with both the Roseville Train Station and Chatswood Interchange in close proximity to One Rose. The train takes just 25 minutes into the city centre.

It's well connected to shopping precincts such as Chatswood Chase and Roseville Village, which offer both high-end retailers and daily essentials.&nbsp;

[smartcode_project:default project_id=113191 project_image_fid=204907]

For dining and entertainment, the surrounding area offers a diverse array of options. There's Calibrate Coffee which is just under a 10-minute walk, or the up-scale French restaurant&nbsp;Saveur which is also just a short stroll away from One Rose.

Residents can catch a show at The Concourse, or experience the latest movies at Roseville Cinemas.&nbsp;

Roseville is known for it's abundance of greenery, with a number of parks and recreational facilities just moments from the development. Residents can relish the green spaces of Beauchamp Park and Blue Gum Reserve, or take a swing at Chatswood Golf Club and Castlecove Golf Club within minutes of leaving One Rose.&nbsp;

[smartcode_project_cta:default project_id=113191]

The residential development provides residents with the best of both worlds, boasting a peaceful lifestyle while enjoying the convenience and vibrancy of one of Sydney's most thriving urban centres

Delivering a balance of urban and suburban living: How One Rose takes advantage of its Roseville location

Parramatta's urban landscape is continuing to evolve as it reaffirms itself as Sydney's second CBD.

Privately-owned developer Coronation Property's mixed-use development 8 Phillip Street, is central to <a href="/new-apartments/parramatta-nsw">Parramatta's growing charm</a>.

The 55-level tower is set to&nbsp;redefine luxury living, art, and hospitality, bringing together a unique fusion of design elements to create a landmark destination.

In collaboration with the renowned global architects Woods Bagot, the tower's unique reverse-step podium design not only extends the ground floor public domain but also pays homage to the existing heritage buildings, with a particular focus on preserving the St Andrew's Church Hall.&nbsp;

[smartcode_project:default project_id=5849 project_image_fid=34791]

Aras Labutis, Head of Urban Transformations at Coronation Property, confirmed that the development exemplifies the progressive future of Parramatta by establishing an attractive new precinct for both residents and visitor whilst respecting the historical significance of the area.

"8 Phillip Street pays tribute to the century-old St Andrew’s Church and Church Hall with an adaptive re-use approach at the urban level, while the sculptural tower sits above an activated ground plane," Labutis said.&nbsp;

“With the tower responding to its surrounds, coupled with the layering of local heritage, amenity, hospitality and luxury residences, the project delivers an unrivalled vertical lifestyle destination to Western Sydney."

Crowning the building is an iridescent silhouette that will serve to illuminate the building and define 8 Phillip as a landmark destination on Parramatta’s night skyline.

[smartcode_project:default project_id=5849 project_image_fid=34786]

The towering silhouette of 8 Phillip Street will be graced with an iridescent crown, transforming the building into a luminous beacon that will define Parramatta's nighttime skyline, with the illuminated crown not only adding a striking visual element but also underscores the tower's status as a landmark destination within the city.

The tower comprises 314 residences that seamlessly blend indoor and outdoor spaces, with a mix of one, two and three-bedroom apartments and penthouses. The apartments will sit alongside Parramatta's first luxury QT Hotel, spanning from the ground floor to level 17 of the tower. QT Hotels are known for their distinct style, rooted in creative collaborations with local communities across various artistic mediums.&nbsp;

Residents benefit from a host of resort-inspired amenity, including a pool, outdoor terrace with landscaped relaxing areas, wellness facilities and two fine-dining restaurants on the ground floor.&nbsp;

Woods Bagot said 8 Phillip Street signals the future of Western Sydney, both as the starting point for a new precinct and a compelling destination for local residents and visitors alike.

Where luxury, art and hospitality converge: Inside Coronation Property's 8 Phillip Street, Parramatta apartment development

Nestled on the crest of a hill with sweeping views of the <a href="/developments/maribyrnong-vic-3032">Maribyrnong</a> River and the Melbourne city skyline lies <a href="/new-apartments/tommy-residences-13-thomas-holmes-street-maribyrnong">Tommy Residences</a>, standing tall as a landmark address in Maribyrnong's Edgewater Estate Precinct.

Offering an exclusive collection of one, two, and three-bedroom residences just seven-kilometres from the CBD, <a href="/new-apartments/tommy-residences-13-thomas-holmes-street-maribyrnong">Tommy Residences</a> is designed to complement its natural surroundings and provide residents with a serene, yet vibrant lifestyle.

A series of leafy laneways seamlessly connect residents to nearby parks and the tranquil riverside, fostering a welcoming and neighbourly atmosphere.

[smartcode_project:default project_id=111515 project_image_fid=212247]

Tommy is within proximity to 30 acres of open space, offering winding trails and large parks right at its doorstep. For nature enthusiasts and outdoor lovers, this means easy access to an active and healthy lifestyle. Whether it's jogging along the 25-kilometre Maribyrnong River Trail, cycling to Docklands, or enjoying sports activities in the nearby ovals and golf clubs, residents will have no shortage of options to stay active and connected with nature.

Beyond the natural beauty, <a href="/new-apartments/tommy-residences-13-thomas-holmes-street-maribyrnong">Tommy Residences</a> ensures a seamless connection to modern amenities. World-class retail, dining, and entertainment options await just moments away at the renowned Highpoint shopping centre.

The surrounding village shopping precinct offers a vibrant hub during the day, boasting a variety of cafes, markets, and providores. As the sun sets, residents can explore the lively wine bars and restaurants on Union Road or indulge in Footscray's multicultural culinary delights.

[smartcode_project:default project_id=111515 project_image_fid=212254]

From breakfast at The Boathouse, to enjoying lunch at Poyntons Nursery, and dinner at Anglers Tavern,&nbsp;residents can savour the best of both worlds - a peaceful retreat amidst greenery and the convenience of urban amenities.

Transportation is made effortless with an abundance of public transport options available, making it convenient to come home to Tommy after a day's work in Melbourne's bustling CBD. Its strategic location strikes a perfect balance between a peaceful residential setting surrounded by greenery and the vibrant city life within easy reach.

[smartcode_project_cta:default project_id=111515]

A series of leafy laneways seamlessly connect residents to nearby parks and the tranquil riverside, fostering a welcoming and neighbourly atmosphere

Overlooking the Maribyrnong River: Around the Tommy Residences apartment development

Brisbane developer Azure has broken ground on their sell-out Munro by Azure, the company’s first <a href="/developments/ipswich-qld">Ipswich project</a>.

The 2.22-hectare development at 33 River Road in Bundamba will comprise&nbsp;100 terrace homes in an exclusive gated estate to meet unprecedented demand for Queensland’s fastest-growing city.

Construction of Munro has begun on on schedule following a rapid sell-out of the project, just weeks after its official launch in April this year.

Azure director Trent Keirnan says while Munro by Azure represents a creative approach to urban design and modern living space, the project also delivers on the company’s mission to enhance affordability amid an ongoing housing crisis.

“Munro represents truly affordable luxury that will contribute much-needed housing supply to Ipswich with a diversity of housing options in a city that is thriving with employment and business opportunities,” Keirnan said.

“We are especially proud that this collection of 100 terrace homes holds true to our focus on quality for all amid the current housing crisis, allowing us to enhance affordability so that more people can acquire a brand-new home.”

The townhouses, priced from $545,000 to $557,000, offer a combination of three bedrooms, two bathrooms, and single-car garage plus a driveway parking facility.

The communal facilities are set across 1,500 sqm of open space which includes&nbsp;a 20-metre pool with cabanas and sun lounges, as well as a large lawn area for resident recreation.

<img alt="Azure" data-entity-type="file" data-entity-uuid="dbaef860-d6fe-4fd9-bf96-70a0027f7003" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-23%20at%208.02.00%20am.png?VersionId=cQ8tfnBoyAYoz_3jlGuk5jO_4MU5wd3o" />

“A scarcity of superior living options has allowed us to present this project to cater for a changing demographic in Ipswich, a city that is undergoing a major transformation,” Keirnan added.

“Our approach has been to invest in key growth areas and creating communities that focus on liveability with the inclusion of prized indoor-outdoor living areas that define the southeast Queensland lifestyle.”

The development, strategically located close to urban amenities, transport and diverse employment opportunities, has benefitted from the strength of the Ipswich property market and the city’s position as the fastest growing in the state.

“We’re thrilled to welcome Azure to Ipswich and delighted that construction of this exciting new project is officially under way,” said Ipswich Mayor Teresa Harding.

“As Ipswich continues to grow, the delivery of 100 new homes from this project will be most welcomed at a time of elevated demand. We thank the Azure team for showing their faith in Ipswich and look forward to the first residents moving in and enjoying the superb lifestyle that the people of Ipswich appreciate every day.”

Munro by Azure is building on the success of similar projects undertaken by Azure's building arm, Azure Build, across southeast Queensland.

Munro by Azure is being delivered in two stages, with the first stage comprising 70 terrace homes. The first stage is set for completion in the first quarter of 2025, while the second stage of 30 terraces will follow in the second quarter of 2025.

After completion, Azure will maintain its ties to the property by overseeing the management of Munro, ensuring that all shared amenities are maintained to the highest standard.

The company’s extensive property management portfolio currently comprises more than 800 residences.

Construction of Munro has begun on on schedule following a rapid sell-out of the project, just weeks after its official launch in April this year

Azure break ground on Ipswich townhouse development, Munro

Leading Australian property group Aqualand is in the early stages of planning its first build to rent project, with the company adding the burgeoning housing model to its portfolio to assist in easing Sydney’s high-quality rental shortage.

The project, which is planned to be built on the site of Aqualand’s existing commercial building at 146 Arthur Street in <a href="/developments/north-sydney-nsw">North Sydney</a>, has recently had a Secretary’s Environmental&nbsp;Assessment Requirements (SEARs) application issued.

The proposed 40-storey project will see around 300 apartments available for rent above a lively ground floor retail and commercial precinct in the heart of the rejuvenated North Sydney CBD, just 400 metres from North Sydney Station and 250 metres from the future Victoria Cross Metro Station.

Aqualand sees the move of adding build to rent to its growing range of property offerings as a natural pivot to help alleviate the restricted rental market, which is an increasingly important segment of the local housing sector, by helping to address the rising demand for rentable, high quality and professionally managed residences.

“We look forward to being committed to our future residents by providing them with a high-quality rental product with a large range of amenities and services designed to elevate their lifestyle experiences and create a strong sense of community,"&nbsp;Jin Lin, Aqualand’s Group Managing Director, said.

The redevelopment will include a&nbsp;sky deck, lounge area/bar, pool, gym, workspaces and communal dining room.

“Given the model’s popularity overseas, we’re keen to see it grow here, where there’s a growing need for local residents to secure long-term tenancies that offer a large range of amenities,” Lin added.

“Whilst the preference for rented accommodation has traditionally been strong with younger generations, the demand for high quality rental product now spans across multiple generations.

“We are already deeply committed to the North Sydney council area, as evidenced by our AURA by Aqualand residential project at 168 Walker Street, which is set to open in mid-2024, and our award-winning BLUE at Lavender Bay which was completed in 2021.

[smartcode_project:default project_id=30959 project_image_fid=202986]

"We also have other commercial assets in North Sydney, including 15 Blue Street and 132 Arthur Street, which are potential future redevelopment sites. Etymon Projects, the lifestyle and hospitality brand in the Aqualand Group, is bringing world-class hospitality venues to the North Sydney market with Loulou Bistro in Milsons Point, Poetica opening soon at 1 Denison Street and four new venues planned at AURA to open next year.

“These key projects are set to make a significant contribution to the vibrancy of the 18-hour economy in this important CBD precinct, which is in the midst of a major rejuvenation.”

Aqualand make first play in build to rent sector in North Sydney

Sydney's Hills District is abuzz with development activity of late. The work around the Hills Showground precinct has stolen much of the show in the local area, but Norwest, the new suburb only established five years ago, is starting to attract attention.

Haitchin Property Group have been working on Infinity Park, their Norwest masterplan, since securing approval in 2019. It includes 290 apartments across three distinct buildings.

The Marque tower, soaring 25 levels, and the low-rise Alpha and Omega buildings, home a mix of one, two and three-bedroom apartments, with extensive amenity featuring throughout the large Maitland Place site.

[smartcode_project:default project_id=94408 project_image_fid=214930]

At its heart is a sprawling tropical lagoon pool, the largest of its kind in the Hills District, winds through the lush landscaping. There's around 7,650 sqm of green space throughout the development.

PRD Norwest Managing Director David Inkster says what has been an attractive proposition for buyers in the provision of a car space in every apartment. The larger&nbsp;two and three-bedroom units offer two car spaces.

Inkster says it's essential to have a car when living in the Hills, even with the newly operational Metro Stations.

[smartcode_project:default project_id=94408 project_image_fid=214927]

Award-winning&nbsp;architects Turner have designed Infinity Park, which is slated for completion by mid-2025, while the sole commercial building will be complete in mid-2024.

The Marque building, the tallest of the three, seamlessly integrates with the natural surroundings through its organic curved balconies and balustrades, creating a harmonious dialogue between the edifice and its environment.&nbsp;

[smartcode_project:default project_id=94408 project_image_fid=214929]

The project has received strong interest from local downsizers not wanting to miss out on the opportunity to live at Infinity Park, Inkster says.

"Infinity Park is certainly one of the most premium mixed-use communities in Norwest."

The project is located at one of the highest points in Norwest, offering residents views that span from the city skyline to the Blue Mountains.

[smartcode_project_cta:default project_id=94408]

The project is located at one of the highest points in Norwest, offering residents views that span from the city skyline to the Blue Mountains

What's driving buyers to Norwest masterplan, Infinity Park

Prospective home buyers at Grand Reve, the soon to be completed Castle Hill apartment development by luxury home builder turned developer Kassis Homes, are able to buy apartments with just a $10k deposit.

It means a buyer can pay with as little as a $10k deposit. The balance of the 10 per cent deposit is payable in equal weekly instalments over the construction time frame up until practical completion, which at the time of writing 48 weeks.

McGrath Projects Director Adam Sparkes says since the&nbsp;introduction of the new finance model at Grand Reve, they have secured several property purchases ranging from a $620,000 studio to a $1,335,000 oversized two bedroom plus study apartment.

"The notion of paying by instalments is appealing to all buyer profiles including first home buyers and even downsizers, who are transferring the money from their super," Sparkes says.

Prices start at $580,000 at the two-tower project which has been popular with everyone from first home buyers, downsizers, upsizers, and even investors, given the surge in population growth of Castle Hill due to the new North West Metro and Hills Showground Precinct redevelopment.

[smartcode_project:default project_id=94147 project_image_fid=203070]

Grand Reve sits just 350 metres from the Metro and 200 metres from Castle Towers, which has undergone a significant $300 million investment will produce a new multi-level upgrade and an expansion to over 300 stores.

There are 37 different floorplans available at Grand Reve, with configurations ranging from studios to three-bedroom units, and even a handful of split-level, townhouse-style dwellings.

Kassis Homes pushed the envelope when it came to finishes and fittings. All of the apartments at Grand Reve feature Wolf appliances, with the large two and three-bedroom options also including Sub-Zero refrigeration systems as standard inclusions.

Sam Kassis said when they were putting the plans together for the project, they sat down with a number of suppliers and they showed them the packages that they offer higher density developments, but something didn't quite sit right.

"It just didn't feel right," Kassis says, suggesting that their whole point of Grand Reve was for it to be different from everything else.

"We didn't want to do the same as what everyone else was doing."

[smartcode_project:default project_id=94147 project_image_fid=197728]

So Kassis approached&nbsp;the high-end appliance retailer&nbsp;Wolf and Sub-Zero, who he has been using for 30 years in his luxury home building career. The premium appliance selection&nbsp;is usually reserved for more boutique projects in inner-city locations - apartments that carry a hefty price tag to match the calibre of appliance.

"We're the only development north of the city and surrounds to be using Wolf and Sub-Zero appliances." At the time Wolf said they never fit out developments of this scale, stating that "no one under the age of 45 has Wolf appliances."

The apartments are also fitted with Parisi tapware, brass feature fixtures, and stone kitchen bench tops.

[smartcode_project:default project_id=94147 project_image_fid=197723]

"It's a high-end finish in every apartment, for an affordable price point," Kassis suggests.

A major focus for Grand Reve was to offer residents extensive outdoor space within the development. Some 2,300 sqm has been reserved for landscaped communal gardens.&nbsp;

[smartcode_project:default project_id=94147 project_image_fid=203074]

Kassis Homes is also offering an extended 10-year structural guarantee at Grand Reve, meaning the developer would cover all costs of any defects up until 2034.

The 4.5-star iCIRT rated builder DASCO, one of the first to go through the rigorous process of getting iCIRT verified, is well underway with construction.

[smartcode_project_cta:default project_id=94147]

McGrath Projects Director Adam Sparkes says since the introduction of the new finance model at Grand Reve, they have secured several property purchases ranging from a $620,000 studio to a $1,335,000 oversized two bedroom plus study apartment

Grand Reve apartments in Castle Hill offer purchase with just $10k deposit

A building over a decade old in the heart of <a href="/developments/fortitude-valley-qld-4006">Brisbane's Fortitude Valley</a> is set to be revived, and a neighbouring tower built, as part of the latest development application in the inner-city suburb.

Longtime landholder Ace Property Holdings, who names local businessman John Homewood as a sole director, has owned the 3,059 sqm site across Hynes, Light, and Knapp Street, for over three decades.

They've had Think Tank Architects put the plans together for the project, which plans to retain, raise, and renovate a pre-1911 building which will home two-bedrooms and a 90 sqm office.

There will be a further eight three-bedroom townhouses, five of which will have a multi-purpose room, and a 15-level apartment tower with 14 full-floor apartments. 
 
<img alt="Fortitude Valley" data-entity-type="file" data-entity-uuid="078affcf-72f6-4ac0-a4ba-5938b53cbe08" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-21%20at%2012.06.03%20pm.png?VersionId=V8iw3LCFCVhuTGdOh8zaopBB9XqqF1ic" />

The Town Planning Application Report by Murray Bell Holdings says the project "seeks to deliver high quality infill development on a premier, substantial landholding on the fringe of <a href="/developments/fortitude-valley-qld-4006">Fortitude Valley</a>."

"The unique design focusses on delivering a residential product that is unique to Fortitude Valley," the report read.

"The design focuses on high end luxury apartments and townhouses that will broadly appeal to professionals, families, downsizers and retirees seeking to age in place."

Each of the apartments will have up to 300 sqm of internal floor-to-ceiling windows&nbsp;

Each townhouse, which will front Hynes Street, will have up to 300 sqm of internal living area and will feature courtyards and/or rooftop terraces and three-car garages. The townhomes with multi-purpose rooms have been designed to provide direct access to the street, which the submission suggests would be ideal for a home-based business.&nbsp;

The rooftop garden of the apartment tower will offer views of the <a href="/developments/brisbane-qld">Brisbane CBD</a> skyline.

<img alt="Fortitude Valley" data-entity-type="file" data-entity-uuid="d3b830b9-3dbf-4d2b-b352-84b849ddd7d7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-21%20at%201.03.06%20pm.png?VersionId=exKe8F3NgHRio5yhHvMx68tddnXyBpLE" />

The report highlighted the rarity of this type of apartment configuration in Fortitude Valley, which is more widely known for its high-rise towers, hotels, and nightlife.

"In seeking to deliver a product that is unique to <a href="/developments/fortitude-valley-qld-4006">Fortitude Valley</a> and <a href="/developments/brisbane-qld">Brisbane</a>, the design provides one apartment per floor level which is suited to the narrow and slender built form of tower component.

"This type of building configuration is not frequently seen in <a href="/developments/fortitude-valley-qld-4006">Fortitude Valley</a> however, the Applicant is committed to delivering a unique resident product by providing ‘penthouse’ style apartments on all levels of the residential tower."

The tower will comprise 28 resident car parking spaces and three visitors, while the townhouses will offer 23 parking spaces and two visitors.

The Town Planning Application Report by Murray Bell Holdings says the project "seeks to deliver high quality infill development on a premier, substantial landholding on the fringe of Fortitude Valley."

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