<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?

Sekisui House Australia secured over 50 sales at the launch of Veue Central, the latest stage of their $1 billion <a href="/developments/norwest-nsw-2153">Norwest</a> masterplan The Orchards, at the launch this weekend.

Veue, the fourth stage and the tallest tower in the precinct at 22 levels, saw more than $63 million worth of apartments snapped up, predominantly bought by locals.

One of the sales, a four-bedroom penthouse which sold for $3.2 million, set a new apartment record for Sydney's Northwest.&nbsp;

The majority of the 53 sales were two-bedroom apartments (38). Eight one-bedroom apartments were sold, as were five three-bedroom apartments and two four-bed penthouses.

Sekisui Sales Manager David Lee said sales in The Orchards continue to demonstrate strength in <a href="/developments/norwest-nsw-2153">Norwest</a> and the Sydney market generally.

"Over 60 per cent of purchases came from locals, whilst the remainder was mostly spread across 15 Sydney suburbs," Lee said.

[smartcode_project:default project_id=140704 project_image_fid=217810]

“There was a diverse mix of buyers from owner-occupiers and downsizers to first home buyers and renewed interest from overseas investors from South-East Asia. This cohort of purchasers recognize the benefits of buying in a well-located area such as Norwest, a north-west growth suburb.

“It is all about location for them and making the numbers work. The ability to walk to Norwest Business Park and Norwest Metro Station is very appealing to renters. Rental demand continues to soar in Norwest due to supply constraints in this area, which is an attractive proposition for investors."

Lee said three key aspects helped secure owner-occupier sales; Veue’s unique design elements, quality finishes, and Sekisui House’s local and international reputation to deliver high-end luxury apartments.

"Upsizers and empty nesters looking to downsize and use the equity from their homes to move into a ‘lock-up’ and leave luxury apartment represented several apartment sales.”

"The splendid uninterrupted northerly views overlooking Castle Hill Country Club, Norwest Lakes to the south and the Blue Mountains to the west also captured buyer interest.”

Veue is one of six buildings in The Orchards, which vary in height from nine levels to 22 levels. Veue homes nearly half of all of the apartments in The Orchards.

Crone Architects has created Veue’s residential towers with a vertical green spine complemented by an open landscaped recreational central core, connecting residents to parklands that extend from the eastern part of the site all the way to the creek in the west.

“Veue’s design vision compliments The Orchards’ natural surrounds with residences maximising connection to the landscape and nature," Julian Venning, Crone Architects Principal said.

"The green of the gardens is drawn into the resident experience. A sense of wellness is promoted in the design within the wonderful natural environment. A place to return to from the fast pace of the city to a garden setting for which Baulkham Hills is renowned."

[smartcode_project:default project_id=140704 project_image_fid=217808]

Floor to ceiling glazing to capture panoramic views to nature, optional interior schemes including diverse materials and tonal finishes, oversized balconies on upper levels and EV charging within the resident car park are some of the meticulously designed features Veue purchasers can expect.

Prices start from $840,000 for the 76 sqm, two-bedroom apartments.

Veue will also home a wellness centre with gym and pool, which connects directly to the garden. Veue residents can entertain up to 100 guests within the adjacent communal function centre for parties and special occasions. A concierge service is also available to service the needs of all residents.

The masterplan, designed by Turner, is spread across five stages. When completed, the community will comprise 1,300 apartments.

The Orchards is located approximately 31 kilometres north-west of Sydney’s CBD and is nestled in Norwest. It is strategically positioned 800 metres from Norwest Metro Train Station and 600 metres from&nbsp; Norwest Marketown as well as Norwest Business Park - currently housing over 30,000 employees.

Construction is expected to start on Veue in 2024.

[smartcode_project_cta:default project_id=140704]

Veue, the fourth stage and the tallest tower in the precinct at 22 levels, saw more than $63 million worth of apartments snapped up, predominantly bought by locals.

Sekisui secure over 50 sales at The Orchards Norwest latest apartment release, Veue Central

When the concept of West Side Place was first imagined a decade ago, it promised to deliver a <a href="/developments/melbourne-vic">new Melbourne address</a> unlike any other. Today, that vision and promise have been realised in the form of one of Melbourne's biggest inner-city mixed-use developments, transforming the former Age newspaper site into a vibrant precinct that occupies an entire city block.

Designed by Cottee Parker, the ambitious project stands tall with four residential towers and the prestigious Ritz-Carlton and Dorsett Hotels, all interconnected by a vibrant central laneway.&nbsp;

The masterplan of West Side Place aimed to redefine <a href="/developments/melbourne-vic">Melbourne's urban living experience</a> by creating an integrated precinct that harmoniously combines residential, commercial, and hospitality elements.&nbsp;

[smartcode_project:default project_id=1270 project_image_fid=141273]

The four residential towers offer luxurious living spaces catering to diverse lifestyles and preferences. From stylish apartments with views to world-class amenities, the towers set a new standard for urban living in Melbourne.

The inclusion of the Ritz-Carlton Melbourne and Dorsett Hotels adds an element of luxury and prestige, making West Side Place a world-class destination. The Ritz-Carlton's exceptional service and opulent accommodations promise an unparalleled experience, while the Dorsett Hotel caters to modern travellers seeking chic and comfortable stays.

Central to West Side Place's appeal is the vibrant central laneway, a hub of activity and social interaction. Lined with diverse cafes, restaurants, boutiques, and specialty stores, the pedestrian-friendly space fosters a strong sense of community and connectivity, enriching the overall living experience for residents and visitors.

[smartcode_project:default project_id=1270 project_image_fid=217064]

The on-site retail arcades at West Side Place offer convenience and diversity at residents' doorstep, providing an array of shops and services to meet every need.&nbsp;

What truly sets West Side Place apart are its world-class amenities, designed to elevate residents' lifestyle to unprecedented levels. State-of-the-art fitness and wellness facilities, private dining rooms, tranquil rooftop gardens, and swimming pools promote wellness, relaxation, and social engagement.&nbsp;

With its completion, West Side Place marks a momentous milestone in <a href="/developments/melbourne-vic">Melbourne's urban evolution</a>. As Victoria's largest residential development to date, it stands tall as a testament to Melbourne's commitment to innovation, urban renewal, and the well-being of its residents and visitors.&nbsp;

[smartcode_project_cta:default project_id=1270]

The masterplan of West Side Place aimed to redefine Melbourne's urban living experience by creating an integrated precinct that harmoniously combines residential, commercial, and hospitality elements

Construction completes at Far East Consortium's West Side Place, Melbourne apartment development

New developer JSMN has quickly had its first residential apartment development approved, on Fitzroy's popular Napier Street.

JMSN, founded by Sam Jamieson, the son of Harry the Hirer founder Rick Jamieson, submitted the application for the boutique block of 10 apartments earlier this year.

Read more:&nbsp;<a href="/news/vic/first-look-exclusive-jmsn-file-plans-for-first-apartment-development-in-fitzroy">First look exclusive: JMSN file plans for first apartment development in Fitzroy</a>

The project, dubbed ns227 at 227 Napier Street, has been designed by Warren and Mahoney and comprises two and three-bedroom sustainable apartments which envelope around an internal courtyard.

The six-storey building is inspired by&nbsp;townhouses seen in Paris and London, which are celebrated for the sustainable merits of their high-density, mid-rise typologies.

JMSN acquired the site in 2022 for $4.5m. Zoned for mixed-use development, the building’s facade extends to the fourth floor without a setback, a planning concession Jamieson says is key to responsible development in the area.

“Fitzroy is a suburb that is densifying and needs to densify, but it can be done in a way that honours the existing neighbourhood and avoids overdevelopment,” Jamieson says.

“With ns227, we are looking to set a new benchmark of what that can look like, taking the learnings from Europe’s mature, urban cities and applying them in a way that is thoughtful and conducive to modern Australian lifestyles — an approach that will underscore all JMSN projects in future.”

Having worked in the family business for 15 years, Jamieson travelled the globe extensively to procure the temporary structures Harry the Hirer is recognised for, including the Victorian Spring Racing Carnival ‘Birdcage’ and marquees for iconic events such as the Australian Grand Prix and the Australian Open.

It was during his travels, particularly in Paris and London, where Jamieson cultivated an appreciation forEuropean architecture and observed that its design principles could be better incorporated into Australian homes.

“The evolution of inner city developments has seen many inspired by Brooklyn-style warehouse conversions, but in Fitzroy, a neighbourhood defined by its Victorian terrace homes, JMSN is exploring influences from Paris and London that better reflect local lifestyles and the aesthetic vernacular of the area,” Jamieson added.

“The brief for our architect was to take the form, flow and materiality of European architecture and add a distinctly modern Australian flair. It was important to pick up cues and best practice, but never about replication.”

European influences are identified in the Juliet windows, which allow for larger living spaces with the versatility of use in summer and winter. Juxtaposing this, a contemporary curved entrance defines the ground floor, while concrete polished lintels offer a modern contrast to the classic textured brick façade.

Warren and Mahoney principal Nick Deans says the sensitive design approach is considerate of the end user and surrounding neighbours.

“This lot is located in a special part of Napier Street and the considered design of ns227 blends seamlessly into a neighbourhood of high-calibre developments,” Deans says.

“The design speaks directly to the Victorian vernacular of Fitzroy and has a feeling of solidity and timelessness about it. It’s a building that is good now and will only get better with age. All of the apartments are unique in layout, offer generous floorplans and delightful finishes, which are sure to create 
welcoming homes for owner-occupiers.”

An internal courtyard filled with greenery, a central water feature and arch windows will orient the residences, providing natural light, amenity and reducing the impact of shadow on neighbouring homes.

On Napier Street, window planter boxes will spill hardy and long-flowering geraniums, while an ivy will fill the facade in a nod to both London homes and the surrounding Fitzroy context.

Warren and Mahoney has delivered multiple residential projects in the area including The Spanish Club by GURNER. Works are slated to begin mid-2024.

The project, dubbed ns227 at 227 Napier Street, has been designed by Warren and Mahoney and comprises two and three-bedroom sustainable apartments which envelope around an internal courtyard

First look: JMSN get sign off for first apartment development on Fitzroy's Napier Street

July was a busy month for development applications across Sydney.

Well-known developers secured sign off to go ahead with a number of projects, while some were submitting applications and bolstering their development pipeline into 2024.

We've put together a list of development movements in the off the plan apartment space in July.

<h2>Central Element get sign off for Bianca Drummoyne</h2>

Central Element and joint venture partner Develotek are set to launch their luxury Drummoyne waterfront project Bianca Drummoyne, after receiving the green light form the Inner West Council.

Bianca Drummoyne will comprise just 12 three and four-bedroom apartments at 2C–2D Wolseley Street, an elevated position on the northern edge of Drummoyne's peninsula overlooking the water.

<a data-entity-type="file" data-entity-uuid="59d98b4d-479e-4185-96c9-aa5bc5b37d86" href="/new-apartments/bianca-drummoyne-2c-2d-wolseley-street-drummoyne"><img alt="Bianca Drummoyne" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-04%20at%203.00.06%20pm.png?VersionId=IK.BW87Cg65ioPaOA56v4XFUB8GAndQl" /></a>

Apartments start from 120 sqm and get as large of 290 sqm. They have direct lift access from the carpark, where there's double garaging and storage rooms for each apartment. They will each feature an expansive outdoor entertaining area and an individual wine cellars.

Read more:&nbsp;<a href="/news/nsw/central-element-and-develotek-set-to-launch-bianca-drummoyne-apartments-following-council-sign-off">Central Element and Develotek set to launch Bianca Drummoyne apartments following council sign off</a>

<h2>Time &amp; Place seek Manly apartment development</h2>

Melbourne-based developer Time &amp; Place are continuing their push into Sydney, lodging plans for a boutique apartment development in Manly's General Conservation area, adjacent to Manly Oval.&nbsp;

Time &amp; Place, who are working through plans for the redevelopment of the well-known Chimes building in Potts Point, are seeking to develop a four-level building with 25 apartments,&nbsp;above a ground floor commercial level and two underground basement carpark levels.

<a data-entity-type="file" data-entity-uuid="50316fe9-2265-496d-9a18-2f4d4abe1c7a" href="/new-apartments/two-tides-manly-9-raglan-street-manly-nsw-2095"><img alt="Time &amp; Place - manly " data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-02%20at%205.49.06%20pm.png?VersionId=BgqxHbRB5Ap1gp0LaFxZ02WiO77EuHfO" /></a>

Time &amp; Place had the award-winning SJB design the Manly project, which will comprise 15 two-bedroom and 10 three-bedroom apartments.&nbsp;

Read more:&nbsp;<a href="/news/nsw/time-place-expand-sydney-footprint-plot-manly-apartment-development">Time &amp; Place expand Sydney footprint, plot Manly apartment development</a>

<h2>Podia reveals North Sydney apartment project</h2>

Prominent Sydney developer Podia has submitted plans for its next apartment project.

In a joint venture with CASA, Podia is seeking to developer 71 dwellings, a mix of apartments and townhouses, at 45 McLaren Street, North Sydney.

<img alt="Podia &amp; CASA's Walker St. North Sydney mixed-use tower" data-entity-type="file" data-entity-uuid="3b3af1a1-5c23-4755-9065-43990232e698" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-04%20at%203.34.15%20pm.png?VersionId=n1R6f5NR3tLPTwi9ZPR.mzPZ_aPjlrPP" />

The $68.7 million project, opposite the recently topped out AURA by Aqualand, has been cleverly designed by Bates Smart and features a striking stepped form which has the building stagger up to it's 14th level, allowing for a number of large terraces on the upper floors.

Read more:&nbsp;<a href="/news/nsw/first-look-podia-and-casa-lodge-bates-smart-plans-for-walker-st-north-sydney-mixed-use-tower">First look: Podia and CASA lodge Bates Smart plans for Walker St, North Sydney mixed-use tower</a>

<h2>Made Property secure green light for Corsa Mortlake luxury waterfront apartments</h2>

The iCIRT-rated luxury builder developer Made Property has been given the green light to proceed with Corsa Mortlake, their absolute waterfront residential community on Sydney Harbour's Majors Bay.

Corsa Mortlake, on one of Mortlake Point's last remaining foreshore development sites and the last significant parcel of land at the end of Tennyson Road, will comprise just 20 three-bedroom residences and a private marina berth.

<img alt="Corsa's Mortlake apartments" data-entity-type="file" data-entity-uuid="3699e4d3-b937-49d0-a48d-72e669f75895" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-04%20at%203.36.11%20pm.png?VersionId=11IaPDmezZzCur2FmxI8eV6RupZD7DOp" />

Drawing inspiration from the Italian Riviera, Corsa Mortlake offers the ultimate in waterfront luxury, privacy and exclusivity with only one or two home-sized apartments sharing the lobby.

Read more:&nbsp;<a href="/news/nsw/corsa-mortlake-luxury-apartments-approved">Corsa Mortlake luxury apartments approved</a>

<h2>Bridgestone file plans for Chatswood apartment development</h2>

Sydney developer Bridgestone has filed plans for a new $90 million apartment development in&nbsp;Chatswood.

They're proposing 95 apartments across two towers, linked by a green spine and retail and commercial podium, on a 2,687 sqm site at 44-52 Anderson Street.

<img alt="Bridgestone's two-tower Chatswood apartments" data-entity-type="file" data-entity-uuid="3da21ed2-7da1-4e77-9365-361d09c4ac2d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-04%20at%203.38.06%20pm.png?VersionId=_m9hLNWODCRwAbH_ipb_L5eXWk47pYhT" />

The focus has been on a larger apartment configuration. There will be just six one-bed and 16 two-bed apartments across the 25-level buildings. Nearly three quarters of the building will be three-bedroom, duplex-style apartments, which occupy levels eight through to 21. From level 22 and up will be large sub penthouses and penthouses, the latter with private rooftop gardens.

Read more:&nbsp;<a href="/news/nsw/bridgestone-file-for-two-tower-chatswood-apartment-project">Bridgestone file for two-tower Chatswood apartment project</a>

<h2>New Hyde Park tower for Central Element gets sign off</h2>

Sydney developer Central Element has been given the green light by the&nbsp;City of Sydney&nbsp;for their Hyde Park development at 271 Elizabeth Street.&nbsp;

The mixed-use project, being developed in collaboration with equity partner MaxCap and the current landowner, will be designed by the renowned architects Murcutt&nbsp;Candalepas.

<img alt="Central Element's mixed-use Hyde Park tower" data-entity-type="file" data-entity-uuid="46809cd1-9b88-4b88-ba44-ccd10ecc0633" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-04%20at%203.39.43%20pm.png?VersionId=lZ.u9lM95O9zNVkEkpWwTa1Luw95.JdW" />

The transformation of the Hyde Park site will include the development of 42 apartments, many of which will offer panoramic views of the park and over the Royal Botanic Gardens to Sydney Harbour. The project will also feature hospitality spaces and a range of amenities.

Read more:&nbsp;<a href="/news/nsw/central-element-get-sign-off-for-mixed-use-hyde-park-tower-in-sydney-cbd">Central Element get sign off for mixed-use Hyde Park tower in Sydney CBD</a>

<h2>Full-floor apartments set for Potts Point</h2>

Luxury developer Terra Ferma and joint venture partner Knox Group have teamed up on an apartment project in Potts Point.

They're seeking to convert a 20-studio apartment building on Oak Lane, the Woolloomooloo-side of Potts Point, into a five-level building with just five apartments.

The team spent nearly a year amalgamating 20 owners across two rundown buildings.

<img alt="Terra Ferma &amp; Knox Group's Potts Point apartments" data-entity-type="file" data-entity-uuid="4457dfb7-9087-4c9a-8d2e-37bda4ed0fa1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-04%20at%203.41.07%20pm.png?VersionId=iLrT1E.mrTHyz93XE9odiuCZkqBFyJtC" />

The boutique nature of the offering, something which Potts Point and the nearby Elizabeth Bay isn't known for, particularly in the new and off the plan apartment space, means apartments are expected to sell for record prices.

Read more:&nbsp;<a href="/news/nsw/terra-ferma-and-knox-group-team-up-for-potts-point-apartment-project">Terra Ferma and Knox Group team up for Potts Point apartment project</a>

<h2>Gurner to push on with Barana Group's Baranagaroo luxury apartment towers</h2>

Tim Gurner's GURNERTM has secured a trophy site in Sydney's Barangaroo area, with a view to develop two towers of apartments.

The $800 million project at 189 Kent Street is the first seed site to have capital deployed within the developer’s $2 billion Build-to-Sell development fund, which is backed by a global institutional investor.

<img alt="Gurner's luxury Barangaroo towers" data-entity-type="file" data-entity-uuid="cd1b82d1-e881-4861-ab8d-fb386b7ead62" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-04%20at%203.42.12%20pm.png?VersionId=QxIJRqmZjYlXCxHPZXkstu.7CxWbq9I0" />

The 1,195sqm site, which adjoins the Barangaroo precinct, currently houses a commercial office tower that was built in the 1960s, with current tenancies in place that GURNERTM will hold until completion of leases. The site has recently been granted planning approval for a residential development after a lengthy approval process by the site’s vendor Barana Group, who has held the asset since 2002.

Read more:&nbsp;<a href="/news/nsw/gurner-to-develop-luxury-barangaroo-apartment-towers">GURNER™ to develop luxury Barangaroo apartment towers</a>

<h2>Roche Group seek mixed-use Lilyfield development</h2>

The Roche Group is trying again for its prime Lilyfield site on the fringe of Rozelle opposite Callan Park.

The Double Bay-based developer has submitted plans for a mixed-use development on their large 6,824 sqm site at 469-483 Balmain Road. They're seeking to build 89 apartments, 6,000 sqm of flexible employment space, and 1,200 sqm reserved for creative purposes.

<img alt="Roche submit plans for Lilyfield mixed-use development " data-entity-type="file" data-entity-uuid="596471ee-e9d5-4f90-b699-3ff41271e6ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-04%20at%203.45.41%20pm.png?VersionId=hu_1_Qz2YcjSlrIGE9WFCi2Qo7eOWUAK" />

Five percent of the apartments will be reserved for affordable housing.

Read more:&nbsp;<a href="/news/nsw/roche-group-submit-plans-for-impressive-lilyfield-mixed-use-development">Roche Group submit plans for impressive Lilyfield mixed-use development</a> 
&nbsp;

Well-known developers secured sign off to go ahead with a number of projects, while some were submitting applications and bolstering their development pipeline into 2024

Sydney's July development application wrap: What's coming to Sydney's off the plan apartment development market

Sydney's unit market continued to see growth over July, however at a slightly slower pace than recorded in the two months prior.

Property data analytics firm CoreLogic's Monthly Hedonic Home Value Index found the value of <a href="/developments/sydney-nsw">Sydney units</a> grew 0.7 per cent in July, a tad softer than the 1.2 per cent gains in June and the 1.8 per cent in May.

<a href="/developments/sydney-nsw">Sydney</a> unit values are now 4.2 per cent up year to date and just&nbsp;-1.4 per cent down compared to this time last year.

Nationally it was a fifth consecutive month of housing value recovery, however the rate of growth has lost momentum over the past two months.

CoreLogic Research Director, Tim Lawless, noted the most substantial reduction in growth has occurred in <a href="/developments/sydney-nsw">Sydney</a>.

“After leading the upswing, the monthly pace of growth in Sydney housing values has halved from a recent high of 1.8 per cent in May to 0.9 per cent in July," Lawless said about both houses and units.

He said the significant rise in fresh listings has also proven to be a contributor. They're up nearly 10 per cent compared to this time last year, and 18 per cent above the previous five-year average.

"An increased flow of new listings provides more choice and may be working to reduce some of the urgency felt among prospective buyers,” Lawless said.

<h2>What's happening in the Sydney off the plan apartment market?</h2>

While the supply of fresh listings is improving across the <a href="/developments/sydney-nsw">Sydney</a> property market, it's not the case in the off the plan property space, where there's been little to no new projects launch in the last month or so.

Top Spring Australia has seen records smashed at Ode <a href="/developments/double-bay-nsw-2028">Double Bay</a>,&nbsp;with the penthouse and sub-penthouse both breaking the previous $16 million record in the affluent suburb.

Sydney Ma, Managing Director at Top Spring Australia, says&nbsp;Sydney remains one of the country’s strongest and most consistent performers.

"Within inner city areas like the Lower North Shore and Eastern Suburbs, the product-driven demand for high quality properties with a truly unique lifestyle hasn’t wavered."

They've seen success at <a href="/new-apartments/the-newlands-st-leonards-21-41-canberra-avenue-st-leonards">The Newlands</a>, their park front <a href="/developments/st-leonards-nsw-2065">St Leonards masterplan</a>, with a number of purchasers coming from the North Shore and Lower North Shore.

[smartcode_project:default project_id=24509 project_image_fid=203619]

"These sites, so close to the <a href="/developments/sydney-nsw">Sydney CBD</a> and bordered by absolute park front on three sides, are incredibly rare and in an area where glass towers dominate," Ma said.

"In our experience, purchasers are expecting more luxury finishes and timeless architecture with opportunity for investment upside. The access to lifestyle and culture opportunities in these prime locations is key and our response at <a href="/new-apartments/the-newlands-st-leonards-21-41-canberra-avenue-st-leonards">The Newlands</a> is human-centric design in a resort-style setting that sets a new lifestyle benchmark."

David Lee, who is handling sales at <a href="/new-apartments/the-orchards-i-veue-central-norwest-104-fairway-drive-norwest-nsw-2153">Sekisui's The Orchards</a> masterplan in <a href="/new-apartments/norwest-nsw-2153">Norwest</a>, said he's seen&nbsp;a surge of investor activity, despite the significant interest rate moves over the last 15 months.

"This cohort of purchasers recognize the benefits of buying in a <a href="/new-apartments/norwest-nsw-2153">well-located area such as Norwest, a north-west growth suburb</a>. It is all about location for them and making the numbers work.

[smartcode_project:default project_id=140704 project_image_fid=217809]

"The ability to walk to <a href="/new-apartments/norwest-nsw-2153">Norwest</a> Business Park and <a href="/new-apartments/norwest-nsw-2153">Norwest</a> Metro Station is very appealing to renters. Rental demand continues to soar in Norwest due to supply constraints in this area which is an attractive proposition for investors."

Lee says owner occupiers have been focused on three key aspects before buying off the plan; design elements, quality of finishes, and track record of developers.

[smartcode_project:default project_id=140704 project_image_fid=217810]

"An amplified interest in developer track record is driven by an increase in construction companies heading into administration," Lee says.

He says the larger apartments across <a href="/new-apartments/the-orchards-i-veue-central-norwest-104-fairway-drive-norwest-nsw-2153">The Orchards</a> have been favoured by upsizers and downsizers using the equity from their home to move into a lock up and leave apartment. The larger units have also been popular with those who are more often than not working from home.&nbsp;

"Demand continues to outstrip supply," Lee says.

Sekisui has just launched <a href="/new-apartments/the-orchards-i-veue-central-norwest-104-fairway-drive-norwest-nsw-2153">Veue Central</a>, the latest stage at the $1 billion The Orchards masterplan.

Read more: <a href="/news/nsw/sekisui-reveal-veue-central-the-next-stage-of-their-1-billion-norwest-masterplan-the-orchards">Sekisui reveal Veue Central, the next stage of their $1 billion Norwest masterplan, The Orchards</a>

Read more:&nbsp;<a href="/news/nsw/city-beat-july-2023-sydney-growth-continues-as-first-home-buyers-get-new-stamp-duty-concessions">City Beat July 2023: Sydney growth continues as first home buyers get new stamp duty concessions</a>

Read more:&nbsp;<a href="/news/nsw/city-beat-june-2023-sydney-secures-off-the-plan-sales-success-at-affordable-and-luxury-ends-of-the-market">City Beat June 2023: Sydney secures off the plan sales success at affordable and luxury ends of the market</a>

Sydney unit values are now 4.2 per cent up year to date and just -1.4 per cent down compared to this time last year

City Beat August 2023: Sydney unit value growth softens as listings rise, but not in the off the plan apartment market

The recent hikes in interest rates has kept everyone guessing month on month.

Ryan Middlemas, Managing Director at <a href="/developments/brisbane-qld">Brisbane-based</a> Carrick Developments, says property buyers had become used to having many properties on the market and cheap and easy finance available. &nbsp;As interest rates rose rapidly and many vendors held properties off the market, both of those factors changed. The quick succession of rate rises was "like a game of musical chairs." as buyers were forced to rapidly adjust their expectations.

"When the music stops, you end up on whatever chair you end up on," Middlemas says.

While many prospective purchasers have seen their serviceability and budgets decrease since the RBA started hiking rates over 12 months ago, Middlemas says ultimately, people still want to buy property.

"People have still made the decision to buy, and while they now can't necessarily afford what they could 12 months ago, their circumstances and appetite to buy generally hasn't changed.

"Buyers maybe take a few months to adjust their expectations. Initially they're saying to themselves 'I could have previously afforded X and I don’t want to compromise, but after a few months, they just accept the new normal and get on with it."

Middlemas says they're seeing a different cohort of buyers because of the rate rises.

"It's almost the opposite of a bracket creep," Middlemas says.

"While many developers feared there would no longer be buyers for their product, from our point of view, it's just a different cohort of people who will be the buyers. They were maybe looking at buying a house 12 months ago, but now their budget only extends to an apartment. They've had to change their expectations. Although it is a different buyer than it might have been previously, the raw number of buyers is relatively unchanged."

Carrick Developments will begin construction on their Indooroopilly project Natura in August 2023. Securing a builder for the project at a workable price had its challenges given conditions in the South East Queensland construction industry.

[smartcode_project:default project_id=94606 project_image_fid=160862]

"It's been a long road like a lot of projects in Brisbane," Middlemas said, noting the dynamic shift in trying to find a builder.

"The construction industry is still operating well beyond capacity. &nbsp;Larger builders are typically not accepting new work, and in any case you have to query how much exposure they still have behind the scenes to unprofitable projects priced prior to the big spike in construction cost, though we are probably past the worst of it.&nbsp;Some smaller builders are stepping into the mid-tier space."

He said previously a developer would have been able to shop around for a builder, creating a shortlist of three then going through a tender process to select one.

"Builders typically refuse to participate in tenders now," Middlemas says.

"If they're not the only one looking at it, they're not going to bother. So now instead of going to three you have to go to one, and if that one doesn't work out, you have to start the whole process again with the next builder."

Middlemas has appointed Cule Constructions to build Natura, following a successful collaboration at Carrick’s Bellevue Clayfield project.

[smartcode_project:default project_id=94606 project_image_fid=160859]

Carrick has hit its pre sales milestones at the project of 35 apartments, and Middlemas expects that when construction has commenced, the remaining apartments will be quickly snapped up.

"What we’re seeing is that few projects are getting more than a quarter or so into their build without being sold out," Middlemas says.

"Whatever you've got left when the cranes go up is going to fly out of the door in a couple of months, as buyers then have the confidence that the project is definitely happening."

Carrick is working on amalgamating a site in Labrador on the Gold Coast for a higher density project in the near future, and will shortly submit a development application for 62 apartments in Brisbane’s Upper Mount Gravatt.

"Brisbane will produce roughly half the number of apartments per year in the next two years as it did in the years prior to Covid. The supply of new apartments will get worse before it gets better." 
&nbsp;

Ryan Middlemas, Managing Director at Brisbane-based Carrick Developments, says the quick succession of rate rises was "like a game of musical chairs."

"It's like musical chairs": How expectation management has kept the Brisbane off the plan market ticking

Milton, an inner-riverside suburb of Brisbane, has become a popular area for young professionals in recent years.

The suburb has undergone a large gentrification over the last five years which has seen an influx of young professionals call it home.

The latest Census data from the Australian Bureau of Statistics showed nearly three quarters of the Milton population were between ages 20 and 34, and they predominantly live in apartments.

Nearly 70 per cent of the Milton population rent, with just 30 per cent owning their property.

The gentrification has seen the suburb become a hotbed for breweries,&nbsp;with the XXXX Brewery, <a href="/developments/milton-qld-4064">Milton</a> Common, Newstead Brewing Co and Castlemaine Perkins all calling <a href="/developments/milton-qld-4064">Milton</a> home.

Milton has also evolved into a haven for foodies, with the streets lined with an array of trendy cafes, eclectic restaurants, and bars that cater to various tastes. <a href="/developments/milton-qld-4064">The suburb</a> has managed to strike the right balance between modernity and preserving its historical charm, adding to its appeal.

Among the many draws of this burgeoning neighbourhood, the Milton Markets stand out as a must-visit destination. Every weekend, locals and visitors gather to indulge in an assortment of fresh produce, gourmet treats, artisanal crafts, and live entertainment.&nbsp;

For outdoor enthusiasts, <a href="/developments/milton-qld-4064">Milton</a> doesn't disappoint either. The suburb is blessed with a range of beautiful parks and green spaces, providing ample opportunities for leisure and recreation.&nbsp;

Quality schools and childcare facilities within the suburb and nearby areas make it an appealing destination for young families as well.

<h2>Off the plan apartment development in Milton</h2>

Prominent developers Mosaic and Kokoda have led the charge for new and off the plan apartment buildings in Milton.

Mosaic is currently building The Manning by Mosaic on Railway Terrace, while Kokoda has also recently signed off on the all-but sold out The Ambrose.

They're onto their next project, Ruby Ruby, which draws inspiration from prominent 1850's Milton business developer, Ambrose Eldrige, who's farm name, Milton Farm, was how the suburb was named.&nbsp;

<img alt="Milton" data-entity-type="file" data-entity-uuid="afc85cc0-0b59-4e20-8ec8-a6d6234afd9c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-04%20at%208.54.36%20am.png?VersionId=hYH9NdBy6hqeXHyHK3q9Bd_Ov2clbThT" />

Read more:&nbsp;<a href="/news/qld/first-look-kokoda-file-plans-for-latest-milton-apartment-tower-ruby-ruby">First look: Kokoda file plans for latest Milton apartment tower, Ruby Ruby</a>

The suburb has become so popular that Melbourne developer Goldfields chose it for their debut Queensland project, 33 Manning, which is over half sold.

The 130-apartment building designed by Rothelowman has been popular with&nbsp;owner occupiers seeking value in a city-fringe riverside suburb, access to quality amenities, and forward-thinking design. &nbsp;

[smartcode_project:default project_id=108736 project_image_fid=209694]

Coming up is Anthony John Group's tower which is inspired by a Paperbark Tree. The bureau^proberts-designed tower will have just 50 apartments across 24 levels.

Read more:&nbsp;<a href="/news/qld/first-look-anthony-john-group-plot-milton-apartment-tower-inspired-by-a-paperbark-tree">First look: Anthony John Group plot Milton apartment tower inspired by a Paperbark Tree</a>

<img alt="Milton" data-entity-type="file" data-entity-uuid="2f6b01c0-8751-4f04-a455-b697f9d10621" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-04%20at%208.52.32%20am.png?VersionId=W0OPJ_8SJvKrpEcH.oLLOALznZubo2uD" />

<h2>Is Milton dog friendly?</h2>

Milton has a number of parks which have large expanses of grass.

1. Gregory Park: Located in Milton, Gregory Park is a small but well-maintained park with open grassy areas, shaded seating, and playground facilities for children.

2. Frew Park: Situated near Milton, Frew Park is a popular destination with various recreational amenities, including basketball courts, a tennis court, playgrounds, and open spaces for picnics.

3. Suncorp Stadium Park: This green space surrounds the famous Suncorp Stadium and offers areas for picnics and leisure activities. On event days, it becomes a vibrant hub for sports fans.

4. Ithaca War Memorial Park: Just a short distance from Milton, this park in nearby Paddington features beautiful landscaping, a children's playground, and a war memorial commemorating fallen soldiers.

5. Rosalie Park: Located in the neighboring suburb of Rosalie, this park is within walking distance of Milton and offers recreational facilities, sports fields, and shaded areas.

6. Roma Street Parkland: Although not directly in Milton, Roma Street Parkland is a stunning botanical garden and park nearby, with a variety of themed gardens, walking paths, and recreational spaces.

<h2>What are the transport connections in Milton?</h2>

Because Milton is so close to the city, it has excellent transport links

Train Services: Milton is served by the Milton and Roma Street railway stations. Both stations are part of the Queensland Rail City network and provide frequent train services to various destinations in Brisbane and surrounding suburbs. Roma Street Station, located nearby, also offers connections to regional and interstate train services.

Bus Services: Milton is well-serviced by buses operated by TransLink, the public transport authority in South East Queensland. Several bus routes pass through Milton, providing access to different parts of Brisbane.

CityCat Ferries: While Milton is not directly located along the Brisbane River, it is within a reasonable distance of CityCat ferry terminals, such as the nearby Regatta Ferry Terminal in Toowong. CityCat ferries offer an enjoyable and scenic mode of transportation along the river, connecting various points in the city.

Bicycle Paths and Shared Paths: Brisbane has an extensive network of bicycle paths and shared paths, and Milton is no exception. Cyclists can use these paths to commute or explore the area while enjoying a more active mode of transportation.

Major Roads: Milton is well-connected to major roads, including the Inner City Bypass (ICB) and the Riverside Expressway. These roads provide easy access to the CBD and other parts of Brisbane.

Walking: Milton is a relatively walkable suburb, with many amenities and services within walking distance for residents. The area's pedestrian-friendly environment encourages walking as a convenient means of transport for short distances.

<h2>What are the best schools?</h2>

While Milton is predominantly young professionals, there are still over 25 per cent who are families with at least one child.

There are a number of schools within the Milton and the neighbouring suburbs of Toowong and Spring Hill.

1. Milton State School: Located in the heart of Milton, this public primary school offers education from Prep to Year 6.

2. Petrie Terrace State School: Situated near Milton, this public primary school provides education from Prep to Year 6.

3. Ithaca Creek State School: Located in the neighboring suburb of Bardon, this public primary school offers education from Prep to Year 6.

4. Kelvin Grove State College: A larger educational institution nearby, Kelvin Grove State College provides education from Prep to Year 12.

5. Brisbane Grammar School: Situated in nearby Spring Hill, Brisbane Grammar School is a well-established private school offering education for boys from Year 5 to Year 12.

6. St Joseph's College, Gregory Terrace: Also located in Spring Hill, this private school is an all-boys Catholic college catering to students from Year 5 to Year 12.

7. Stuartholme School: Located in Toowong, the neighboring suburb to Milton, Stuartholme School is an independent Catholic girls' school offering education from Year 7 to Year 12.

8. Queensland Academy for Science Mathematics and Technology (QASMT): Situated in Toowong, QASMT is a public selective entry high school specializing in science, mathematics, and technology education.

9. The Gap State High School: Although not in Milton itself, The Gap State High School serves the western suburbs of Brisbane and offers education from Year 7 to Year 12.

<h2>What are the best eateries?</h2>

Milton and the surrounds has also evolved into a haven for foodies, with the streets lined with an array of trendy cafes, eclectic restaurants, and bars that cater to various tastes.

Cafes:

<ol>
	<li>
	Bunker Coffee: Hole-in-the-wall spot in a converted bomb shelter covered in vines for artisanal coffee and sweets.
	</li>
	<li>
	Whisk &amp; Ladle Cafe: Contemporary cafe serving breakfast and lunch in Milton.
	</li>
	<li>
	Tognini's Cafe &amp; Deli: Established around a common passion for gourmet food, entertaining and great coffee, the Café is your local for great coffee and delicious food.
	</li>
	<li>
	Corgi Garden: Corgi Garden is a yellow and white striped pup-friendly cafe with a theme based entirely around the owners’ four-legged baby, a three-year-old corgi named KitKat.&nbsp;
	</li>
</ol>

Restaurants:

<ol>
	<li>
	Tuk Tuk Restaurant &amp; Bar: Low-lit restaurant serving Thai standards in a stylish space or leafy terrace tables by outdoor bar.
	</li>
	<li>
	La Dolce Vita Ristorante: An opulent Italian restaurant and cafe with street-side seating under giant blue umbrellas.
	</li>
	<li>
	Mrs Luu's Vietnamese Canteen: Traditional dishes whipped up in a lively space with caricatures on the walls and outdoor tables.
	</li>
	<li>
	China Sea Milton: Chinese eatery in hotel complex, with a carpeted dining room, lazy Susan tables, and outdoor seats.
	</li>
</ol>

The suburb has undergone a large gentrification over the last five years which has seen an influx of young professionals call it home.

The rise of Milton: What's driving off the plan apartments buyers to the inner-Brisbane suburb

The headquarters of Icon Construction on Abbotsford's Victoria Street is set for a redevelopment.

EG Funds Management is proposing to demolish the three-level office building at <a href="/new-apartments/675-victoria-street-abbotsford">675 Victoria Street</a> and develop a 13-level mixed-use building with offices and apartments.

There will be 134 apartments, above ground-level office and amenity on the 3,459 sqm site. Over half of the apartments will have two-bedrooms (73), while another 42 will be three-bedders and just 19 one-bedroom apartments are planned.&nbsp;There are 43 different apartment configurations.

<img alt="Victoria St Abbotsford" data-entity-type="file" data-entity-uuid="57124f71-35e4-4919-b4ae-4440da6a3a68" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-04%20at%206.45.03%20am.png?VersionId=WZffpT38SMz9GDsWgGpv5O8_7EXx19n3" />

SJB has designed the building which will be located across the road from the Victoria Gardens Shopping Centre, which too is undergoing a huge redevelopment.&nbsp;

Read more:&nbsp;<a href="/news/vic/richmonds-victoria-shopping-centre-redevelopment-to-create-new-urban-village-with-over-1-600-new-apartments">Richmond's Victoria Shopping Centre redevelopment to create new urban village with over 1,600 new apartments</a>

"The integration of the building's robust architectural forms and features draw upon the Yarra River flow and Dight Falls," SJB noted in the planning application submitted to Yarra Council.

"The project's palette and materiality is driven by the Abbotsford's natural features and built heritage to deepen the connection with the areas rich history.

"The use of warm tones embody the mature gum trees present in the surrounding landscape."

One of the main focuses of the development is how it interacts with the Yarra and the character of <a href="/developments/abbotsford-vic-3067">Abbotsford</a>.

Central part of the development is its provision of a pedestrian link between Victoria Street and the Yarra River corridor. The publicly accessible link provides a visual connection with the Yarra River from Victoria Street and allows convenient and safe access for pedestrians travelling between Victoria Street and the River.

SJB has sculpted the facade around an existing canopy tree.

<img alt="Victoria St Abbotsford" data-entity-type="file" data-entity-uuid="0b950c9e-be4a-4440-9356-c29a12439bb3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-04%20at%206.30.24%20am.png?VersionId=N20PjaQYFvM1JHZzeLB38heuIDoZST08" />

"The existing tree is not treated as an encumbrance but rather is built into the design to provide a distinctive sense of entry to the site and soften the visual connection with Victoria Street," the Town Planning Report by Tract says.

Tract notes that,&nbsp;in contrast to the fine-grain activity centre surrounding Church Street, Lennox Street and North Richmond Station, the eastern extent of Victoria Street exhibits an emerging urban renewal character, featuring many high-density contemporary commercial and residential buildings.

"This built form character is reflective of the subdivision patterns of the commercial and industrial activity that took place along the Yarra River historically, as well as the proximity of this precinct to public transport, open space, and other amenities which makes it suitable for development of the emerging scale."

The building will also incorporate ground-level amenity in the form of a communal lounge, multi-purpose room, gym, two private dining rooms with kitchens, a cinema, and an outdoor terrace which meets landscaped gardens fronting the river.

The proposal includes a partnership with the Little B.I.G Foundation, a charitable organisation set up to tackle loneliness in Australia by developing places, programs and events for social connection.

The Foundation will manage and operate a residential community space located on the river-fronting side of the buildings whch forms part of the residential amnities and provide an events program for residents and the surrounding community.&nbsp;

The community space can also be booked through the Foundation for use by residents an the broader community, with the spce having a strong onnection to the Yarra River Corridor.

The building will be services with 203 parking spaces, 187 for residents and 16 for office use, and 198 bicycle spaces.

The City of Yarra is required to provide 12,800 additional dwellings under Melbourne 2030, in line with population growth forecasts.

"Yarra has become a preferred location for many smaller and medium-sized buisinesses, and this trend is expected to continue," Tract added.

"Yarra's vibrant Major Activity Centres, including Victoria Street, are a powerful economic engine for the municipality. These activity centres are considered a vital part of Yarra's culture."

SJB has designed the building which will be located across the road from the Victoria Gardens Shopping Centre, which too is undergoing a huge redevelopment. 

First look: Icon Construction HQ in Abbotsford set for new apartment and office development

A lot of developers have looked to try and develop the 15-minute neighbourhood, the term coined by French professor Carlos Moreno.

According to Moreno, each 15-minute city should fulfil six&nbsp;social functions—living, working, supplying, caring, learning and enjoying. It reduces residents’ environmental footprints by boosting green initiatives, creativity and wellbeing at a neighbourhood level and reducing travel, urban density, pollution and loneliness.

Longstanding Melbourne developer Kokoda Property, who have been synonymous for quality developments across the Victoria capital since 1997, have created an even more convenient neighbourhood at their new mixed-use precinct, Malvern Collective.

What they've put together they're calling a 0-minute neighbourhood, and it's hard to argue with.

[smartcode_project:default project_id=12457 project_image_fid=217233]

Their Malvern Collective project encompasses a number of apartments above a soon-to-be thriving hospitality precinct that will reshape the affluent suburb.

The middle of the one-acre Station Place site, opposite Malvern Station, was previously a laneway called Station Place. That's just been acquired from the local council, with the view to give that back to the public. It will offer future residents&nbsp;every convenience on their doorstep, from a Woolworths Metro, six hospitality venues, concierge, and a simple commute to the city. Above the precinct will be two striking glass buildings which will home a collection of apartments.

"Malvern Collective is a lifestyle and transported oriented development," Kokoda Founder and Managing Director Mark Stevens says.

"The project is one of the last urban infill apartment sites in Melbourne's east. It offers proper food and beverage options and transport links, which is uncommon for Melbourne."

[smartcode_project:default project_id=12457 project_image_fid=217254]

Stevens says the project will revolutionize the southern end of Malvern.

"While the number one priority is to cater for our residents, we're expecting the hospitality precinct to be popular with those who are commuting in and out of the city, hopping off the train at Malvern, wining and dining, and then continuing their commute home. Nowhere else in Melbourne offers that."

The station is a large commuter pass through and takes four train lines which go north, south and east.

The Malvern Collective apartments have been popular in recent months with owner-occupiers, who see a crane on site, and a clear timeline of construction.

[smartcode_project:default project_id=12457 project_image_fid=217259]

They've not only been drawn to the rare proposition of Malvern Collective and the design of the apartments, but also the superior concierge service, which acts more like a high-end hotel, and is managed in a residents' app. They can order coffee from their room and pick it up before jumping on the train, or have the concierge make dinner reservations, not only for the hospitality in Malvern Collective, but anywhere in Melbourne.

The concierge will connect with locals businesses to create new services, anything from housekeeping to laundry services and dog washing.

As well as the hospitality precinct downstairs which will be shared with the local community, Malvern Collective residents will have exclusive amenity within the project. There will be a co-working space, a cinema, a swimming pool, a wellness centre with hot and cold plunge pools, and a private dining area, bookable through the residents' app.

[smartcode_project:default project_id=12457 project_image_fid=217249]

Kokoda held a design competition for Malvern Collective, selecting Jackson Clement Burrows to collaborate with Carr who have handled the interiors of the project.

Construction on Malvern Collective is well advanced, with completion slated for H1 2024.

[smartcode_project_cta:default project_id=12457]

How Kokoda is creating a 0-minute neighbourhood at The Malvern Collective

&lt;iframe width="560" height="315" src="https://www.youtube.com/embed/L4vAsrhOngM" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen&gt;&lt;/iframe&gt;

When it comes to purchasing a property off-the-plan in the vibrant region of <a href="/developments/gold-coast-qld">Gold Coast, Queensland</a>, it's crucial to approach the process with careful consideration and thorough research. Buying off-the-plan can be an exciting opportunity, offering the potential for significant capital gains and a chance to secure your dream home or investment property.

Laura-Jade, the Director of <a href="https://bymanifesto.com/">Manifesto</a>, a full-service creative practice collaborating with developers and projects teams, sheds light on the essential factors buyers should bear in mind to ensure a smooth and successful off-the-plan property purchase in this beautiful coastal paradise. With years of experience in the industry, Laura-Jade shares invaluable tips to help you make an informed decision that aligns perfectly with your needs and aspirations.

<a href="/developments/gold-coast-qld">Discover New Properties on the Gold Coast</a>

One of the critical aspects to consider is the developer's track record. Conducting thorough research into the developer's past projects can provide valuable insights into their reliability and success rate. A reputable developer with a history of delivering quality projects instills confidence in the investment and minimises potential risks.

By taking these factors into account and conducting comprehensive research, you can confidently navigate the off-the-plan property market on the <a href="/developments/gold-coast-qld">Gold Coast</a>. Laura-Jade's expert advice, backed by <a href="https://bymanifesto.com/">Manifesto's</a> industry expertise, ensures that you are well-equipped to seize the opportunities presented by this dynamic market while mitigating potential challenges. So, approach your off-the-plan purchase with diligence, and you'll be one step closer to realising your property ownership dreams in this coastal paradise.

Laura-Jade, the Director of Manifesto, a full-service creative practice collaborating with developers and projects teams, sheds light on the essential factors buyers should bear in mind to ensure a smooth and successful off-the-plan property purchase in this beautiful coastal paradise. 

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