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

Joel Robinson

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

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

Lendlease selected to deliver transformative South Brisbane riverfront precinct

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

First look: Level 33 upsizes Wollongong apartment towers

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

First look: Urban Property Group plans next major Wollongong tower

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

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

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.

It's the second sign off for a luxury development in Sydney's inner west in a matter of weeks, following the approval of <a href="/news/nsw/corsa-mortlake-luxury-apartments-approved">Made Property's waterfront Corsa Mortlake</a>.

<a href="/new-apartments/bianca-drummoyne-2c-2d-wolseley-street-drummoyne">Bianca Drummoyne</a> will comprise just 12 three and four-bedroom apartments at&nbsp;<a name="m_2146136283900342608__Hlk139531929">2C–2D Wolseley Street, an elevated position on the northern edge of Drummoyne's peninsula overlooking the water.</a>

The project will consist of two components. The first, on Wolseley Street set along the ridge, boasts expansive views of the harbour the city skyline. Along the foreshore, the second element is north-facing, connecting with the harbour’s edge.

<a data-entity-type="file" data-entity-uuid="6adffe4f-7f23-4e29-9c59-1d59761b10cc" href="/new-apartments/bianca-drummoyne-2c-2d-wolseley-street-drummoyne"><img alt="Central Element Bianca" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-03%20at%202.11.24%20pm.png?VersionId=yrzfOfl_jEydYUhcVog4KDIK5ckvRcGS" /></a>

Bianca's penthouse, which will be released at a later date, will benefit from both panoramic water and city views.

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.

The resident amenity will be down on the water, where there will be gardens, open lawns, and an outdoor swimming pool.

<a data-entity-type="file" data-entity-uuid="72144efe-4d3c-4cae-a745-386fda1cf040" 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%202023-08-03%20at%202.11.36%20pm.png?VersionId=sVVuSNHPN41tOlWEyscfwcy5YCbLyshx" /></a>

SJB, who have worked with <a href="/developers/central-element">Central Element</a> on a number of their developments such as <a href="/new-apartments/ethos-15-ellis-street-753-pacific-highway-chatswood">Ethos</a> in <a href="/new-apartments/chatswood-nsw-2067">Chatswood</a> and <a href="/new-apartments/pienza-neutral-bay-12-waters-road-neutral-bay">Pieza</a> in <a href="/new-apartments/neutral-bay-nsw-2089">Neutral Bay</a>, have designed Bianca, with the main focus to frame the waterfront views.

SJB Principal Adam Haddow said with Bianca, they endeavour to create a home completely connected to its location.

"The architecture is in response to the site’s unique topography, with individual rooms and openings adjusted to ensure that views and privacy are maximised," Haddow said.

"Each home features spaces that immerse you in the incredible location, with generous open plan living and dining areas flowing out to oversized balconies allowing residents to see the water, feel the breeze, soak in the sun, and enjoy waterfront living at its finest.”

<a data-entity-type="file" data-entity-uuid="97833b0e-cf0d-404d-98b5-21e8c1d7d7b2" 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%202023-08-03%20at%202.11.29%20pm.png?VersionId=uZlMuP0ne_S05JZzwjN4uV83aEjIWr0I" /></a>

Central Element has a multi-billion dollar portfolio of residential and lifestyle precincts, having delivered over 500 apartments across Sydney metropolitan locations.

Nathan Chivas, Managing Director of <a href="/developers/central-element">Central Element</a>, said Bianca will further elevate their position as a key player in delivering this level of product to Sydney.

"This rare opportunity reflects our vision of seeking out exceptional sites in premium suburbs to build luxurious living spaces of the highest quality.

"Our position as force in the luxury residential market was further bolstered with the DA approval on the world-class mixed-use landmark Hyde Park site earlier in the month.

"Offering the epitome of premium waterfront living, unparalleled views, and the convenience of a six-kilometre drive or 18-minute ferry to the city, we are expecting record sales as Bianca launches to market.”

Develotek Director John Fernandes says Wolseley Street will witness the first and potentially the last major development in a generation.

"From the outset, our mission was to discover the perfect partner to collaborate with and bring an unprecedented level of luxury to this highly coveted location.

"Pressing ahead with Bianca in conjunction with <a href="/developers/central-element">Central Element</a> is the first milestone of a conscious effort and push by Develotek to enter the high-end Inner West market which we see as chronically undersupplied, and we look forward to delivering a new benchmark to Drummoyne over the coming years.”

McGrath's Tracey Dixon and Rob Alfeldi are marketing the project.&nbsp;Building is expected to commence early 2024. &nbsp;

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

Central Element and Develotek set to launch Bianca Drummoyne apartments following council sign off

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.

Read more:&nbsp;<a href="/news/nsw/exclusive-first-look-time-place-lodge-potts-point-apartment-plans">Exclusive first look: Time &amp; Place lodge Potts Point apartment plans</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;

<a data-entity-type="file" data-entity-uuid="8522b14e-2b24-4cc5-85f8-7eaeabb9f6df" href="/new-apartments/two-tides-manly-9-raglan-street-manly-nsw-2095"><img alt="Render of the proposed development at 35 Belgrave St." 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%205.49.53%20pm.png?VersionId=FIVeR3_LbhqiVlSqbT48PkOtBYv0kIWE" /></a>Render of the proposed development at 35 Belgrave St. Credit: SJB

The site currently contains four existing low-scale buildings of various ages which will be demolished to make way for the new apartments.

While the proposed building exceeds the 15-metre height limit in place for the site, it remains&nbsp;consistent with the surrounding building's, including a recent approval at the adjacent site 21 Whistler Street as well as the bookend corner site at 21 Belgrave Street.

<img alt="Time &amp; Place Manly" data-entity-type="file" data-entity-uuid="c9db132e-38f8-4156-a7cf-8f4f85e7a48f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-03%20at%2012.59.44%20pm.png?VersionId=lMMHg7Guer87SrDh95MQlz2dZ1tdKCYM" />

The built heritage character of the area consists of masonry and stone buildings with finely detailed openings and parapet elements, with SJB drawing on the heritage of the suburb for the design of the new apartments.&nbsp;

"The introduction of colour at the base and soffit of the roof, ties the building together and creates a level of interest when viewed from different vantage points and distances," SJB said in their design verification statement.

"Vaulted spaces at roof level are expressive, ensuring the building touches the sky in an interesting way whilst also creating unique, volumetric spaces within the apartments."

At the heart of the development will be a central oasis, with the lush communal garden serving not only as a social space for residents, but as a verdant outlook for each of the apartments.&nbsp;

<a data-entity-type="file" data-entity-uuid="6a851447-6539-45ee-b065-2fc0aa3e044d" href="/new-apartments/two-tides-manly-9-raglan-street-manly-nsw-2095"><img alt="Render of the central oasis within the development" 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%205.50.13%20pm.png?VersionId=ilg2emft3MMGAJsrlj5F7YGm0qwkiaJu" /></a>Render of the central oasis at the heart of the development. Credit: SJB

"The central oasis will be a cool space with a unique planting character that responds to its specific sunlight conditions 
year round."

A number of sustainability principles have been incorporated within the design, including exceeding BASIX Energy by 5 per cent and maintaining a 7-Star NatHERS Average across the development.

The site will be predominantly constructed from locally produced, sustainable materials, chosen favouring longevity and minimising maintenance, with 100 per cent of the apartments cross-ventilated and maximising on natural sunlight.&nbsp;On-site energy generation will come through a major solar PV array on the rooftop, in a bid to reduce operational energy and GHG emissions associated with the site.

Time &amp; Place are currently marketing The Queensbridge building in <a href="/developments/southbank-vic-3006">Melbourne's Southbank</a>.

Time & Place had the award-winning SJB design the Manly project, which will comprise 15 two-bedroom and 10 three-bedroom apartments

Time & Place expand Sydney footprint, plot Manly apartment development

South East Queensland developer Spyre Group has amalgamated the two final apartments in their record-breaking Glasshouse Burleigh Heads project.

Glasshouse already holds the off the plan apartment record in Queensland, secured when the penthouse sold for $20 million in March last year. Now the <a href="/developments/brisbane-qld">Brisbane-based</a> developer, who also hold the off the plan apartment record in the <a href="/developments/brisbane-qld">Queensland capital</a>, have put together what were the bottom two apartments in the formerly boutique complex of just three units.

The amalgamated residence will span three levels and have five bedrooms, two living spaces, an additional media room, a full guest suite, a wine room, home office, and a private pool, as well as garaging for six cars.

The master retreat is one of the most striking features, with an 11-metre frontage offering direct ocean views from the private balcony.

Read more:&nbsp;<a href="/news/qld/spyre-group-smash-queensland-apartment-record-with-20-million-burleigh-heads-penthouse-sale">Spyre Group smash Queensland apartment record with $20 million Burleigh Heads penthouse sale</a>

<img alt="Glasshouse" data-entity-type="file" data-entity-uuid="43f89602-106a-45ed-84cf-085373029eb1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-03%20at%209.38.04%20am.png?VersionId=xorZRNLGFTG7jUyZdMxoN9rgVEOPfL7t" />

Spyre Managing Director Daniel Laruccia said they recognised a gap in the market for an ultra-luxury product in <a href="/new-apartments/burleigh-heads-qld-4220">Burleigh Heads</a>.

“The amalgamated residence will provide the functionality of a very large home within a location that is essentially reserved for multi-residential living on Burleigh’s beachfront,’’ he said.

Laruccia said Glasshouse is capable of outshining prestigious large-scale homes in areas such as Hedges Avenue at <a href="/new-apartments/mermaid-beach-qld-4218">Mermaid Beach</a>, Noosa on the Sunshine Coast and Byron Bay.

“Glasshouse will stand as an iconic coastal expression, respectful to its origins while boundless in its pursuit of excellence."

Construction started on the project in August 2022, and is expected to be complete in the first quarter of 2024.

<img alt="Glasshouse" data-entity-type="file" data-entity-uuid="2ee3783c-a658-42e0-a02b-b297bd3613f0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-03%20at%209.38.13%20am.png?VersionId=B8u9inTpCiuESYe6EXEH0sG6bDYxyiPU" />

The development features glass on its eastern and western sides to capture the panorama of the&nbsp;Gold Coast sands and the Coral Sea.

Designed by architects bureau^proberts with landscaping by CUSP, the residence flows seamlessly from the outdoor courtyard and pool to internal stairs which lead to the living and dining area and kitchen on level one.

Living spaces are designed to establish an immersive ocean-front experience with fluted glass walls creating windbreaks while maintaining unobstructed view lines to the ocean and sky.

The new amalgamated residence has high ceilings, a continuous indoor-outdoor floor finish, and full perimeter layered sheer curtains to provide privacy when necessary.

Read more:&nbsp;<a href="/news/qld/how-bureau-proberts-designed-spyre-groups-glasshouse-at-burleigh-heads">How bureau^proberts designed Spyre Group's Glasshouse at Burleigh Heads</a>

<img alt="Glasshouse" data-entity-type="file" data-entity-uuid="1d0a3bea-f7cd-4745-88f2-f7e1d099ab49" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-03%20at%209.38.09%20am.png?VersionId=KaJ6JXJMfWoeyuAXhaJawBxIkhsegyED" />

The kitchen is the centrepiece of the open floor plan. Its focal point is a sculptural island bench forged in stone that repeats the natural headland formations of the beach. Behind it are functional meal preparation areas powered by an induction cooktop, concealed fridges and freezers and a butler’s laundry.

The master bedroom is on level two, offering a truly private sanctuary nestled in the foothills of Burleigh Heads with an expansive view of the Coral Sea. A secondary bedroom, also on level two, contains its own ensuite derived from the striking stone of the master suite.

The guest bedroom is located on the ground floor, featuring its own private outdoor terrace, full- height robes, an ensuite and a study.

The amalgamated residence will span three levels and have five bedrooms, two living spaces, an additional media room, a full guest suite, a wine room, home office, and a private pool, as well as garaging for six cars

Spyre amalgamate at Glasshouse Burleigh Heads to create three-level apartment

Beulah has appointed Multiplex to construction their $2 billion mixed-use Southbank project, <a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK By Beulah</a>.

<a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK By Beulah</a> will be the tallest skyscraper in the southern hemisphere when it's completed in 2029. Beulah are forecasting a five-year build, with early works to commence in late 2023 or early 2024.

The announcement follows an extensive review of globally competent and respected construction companies around the world with Multiplex chosen due to their strong history spanning over 60 years, having completed over 1,100 projects valued at over US$100 billion. Notable projects within its portfolio include the Southern Hemisphere’s highest residential tower <a href="/buildings/australia-108-southbank-70-southbank-boulevard-southbank">Australia 108</a>, also in <a href="/new-apartments/southbank-vic-3006">Southbank</a>, <a href="/buildings/collins-arch-447-collins-street-melbourne">Collins Arch</a>, Jewel on the Gold Coast, 80 Collins Street, Federation Square, and Principal Tower, one of Europe’s tallest residential towers.

[smartcode_project:default project_id=8804 project_image_fid=217269]

The acclaimed builder is also responsible for international stadiums and landmarks including England’s renowned Wembley Stadium and Stamford Bridge, Elephant and Castle Town Centre, University of Glasgow, Dubai’s The Address Beach Resort, Abu Dhabi’s Eastern Mangroves and many more.

Soaring 365-metres high, Multiplex will be responsible for bringing the hyper-mixed-use <a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK by Beulah</a> to life; Australia’s first 5-minute vertical city which includes two twisting towers and a world-class retail precinct home to an impressive selection of shops, a comprehensive wellness precinct, a childcare centre, a Four Seasons Hotel, an innovative cultural centre in partnership with Centre Pompidou, commercial office space, a diverse residential offering, numerous pocket parks as well as the world’s tallest vertical garden.

Beulah Managing Director Jiaheng Chan said Multiplex was chosen due to its wealth of global experience in building tall towers that push the envelope in terms of design and construction while ensuring sustainability remains central to its core operations.

[smartcode_project:default project_id=8804 project_image_fid=217270]

“Multiplex is responsible for delivering some of Australia’s most significant and iconic projects, many of which push the boundaries in terms of engineering and design," Chan said.

"Following an extensive review period, we believe them to be the most experienced to be our builder partner for such an iconic project and look forward to a long-term partnership that will see <a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK by Beulah</a> come to life.

“Over 50 per cent of Multiplex’s Melbourne portfolio is built for repeat clients, with this signalling the second time we have worked with them, following the successful delivery of our award-winning Paragon project in 2021.

"Additionally, <a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK By Beulah</a> has a strong emphasis on sustainability and biophilia and Multiplex’s commitment to reducing its carbon footprint was also taken into consideration; Multiplex is committed to net zero carbon buildings and sites by 2030 and a net zero carbon value chain by 2050.”

<a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK By Beulah</a> has already seen a string of high-profile sales of its 691 apartments, with a number of sales ranging between $30 million and $38 million.

[smartcode_project_cta:default project_id=8804]

STH BNK By Beulah will be the tallest skyscraper in the southern hemisphere when it's completed in 2029

Multiplex to build $2 billion STH BNK By Beulah towers

Construction has commenced on Windsor Park, one of the newest apartment developments in <a href="/developments/windsor-vic-3181">Melbourne's Windsor</a>.

The 33-apartment development at&nbsp;61-71 McIlwrick Street is a joint venture between developer Sinclair Brook and investment firm Wilbow Group, who are expecting residents to move into the Jackson Clements Burrows-designed building by mid-2024 after a 12-month build.

[smartcode_project:default project_id=110261 project_image_fid=216133]

The building, which has interiors curated by Hecker Guthrie and sits in gardens by Eckersley Garden Architecture, has never to be built out views of <a href="/new-apartments/windsor-park-prahran-61-71-mcilwrick-street-prahran">Windsor Park</a>. It sits in an enviable pocket, boasting an international walk score of 95.

Prices start from $1.7 million for the three-bedroom apartments which have two bathrooms and two car spaces.

[smartcode_project:default project_id=110261 project_image_fid=216141]

The aim of Windsor Park was to create a beautiful environment that enriches the urban fabric while evoking a profound sense of home. The development features a series of smaller buildings spread across three levels. Privacy was considered, with canopy landscaping enveloping each residence, connecting them organically to the adjacent parkland. There's a central courtyard which further enhances the park-like atmosphere.

A palette of&nbsp;concrete, warm metals, and neutral brick were used for the exterior of the building, while the interiors combine earth tones, concrete, and soft timber.

Apartments have been designed to offer&nbsp;multiple aspects and floor-to-ceiling windows that frame views of private landscaped gardens, treetops, and the city skyline.

[smartcode_project:default project_id=110261 project_image_fid=216143]

Each apartment features&nbsp;V-ZUG kitchen appliances, Brodware tapware, integrated Leibherr fridge/freezers, double-glazed windows, and premium natural stones and tiles.

Sinclair Brook is offering an extended building warranty at Windsor Park, past the standard warranty which all off the plan developers need to offer.

Windsor Park is the second collaboration between Sinclair Brook, Jackson Clement Burrows and Eckersley Garden Architecture. The trio worked together Compose Hawthorn, a boutique collection of terraces on Glenferrie Road.

[smartcode_project_cta:default project_id=110261]

Developer Sinclair Brook and investment firm Wilbow Group are expecting residents to move into the Jackson Clements Burrows-designed building by mid-2024

Construction commences on Sinclair Brook’s Windsor Park apartment development

ASX-listed developer Mirvac has launched the expressions of interest campaign at its latest Melbourne apartment development, Prince &amp; Parade, on a prime park-facing block on the fringe of Brunswick's Princes Park.

The building, designed by Bates Smart in collaboration with Mirvac Design and in landscaping by Jack Merlo, comprises 166 one, two three and four-bedroom apartments.

The striking project is targeting the owner-occupier, particularly local downsizers who currently live in houses or terraces and are starting to see equity build back up in their homes. It's also expected to be popular with affluent young professionals.

[smartcode_project:default project_id=4802 project_image_fid=217127]

Mirvac has had parkside success previously when collaborating with Bates Smart at their Fitzroy Gardens development The Eastbourne, which won the 2020 UDIA High Density Development Award. They've also worked together on The Melburnian on St Kilda Rd, which too was a UDIA Award winner.

Prince &amp; Parade has been designed to orient the park, taking advantage of the 100 metre frontage to Park Street. The orientation means that not only will residents benefit from park views through the floor to ceiling glass.

It's been cleverly designed so it reaches a height of nine levels to the north building on Brunswick Road, and five levels on the south-facing building on Park Street.

[smartcode_project:default project_id=4802 project_image_fid=217110]

The fully electric building features a residents' lounge and dining room, as well as a rooftop terrace with extensive panoramic views of Melbourne.

A library and a full wellness studio complete the private amenity spaces.

[smartcode_project:default project_id=4802 project_image_fid=217134]

The location of Prince &amp; Parade, on Park Street, is just four kilometres to the CBD and is within walking distance of the historically vibrant suburbs of Melbourne's inner-north. It's also just a short walk to Jewell Train Station and Royal Park Train Station.

Construction of Prince &amp; Parade is expected to kick off in late 2023 or early 2024.

[smartcode_project_cta:default project_id=4802]

The building, designed by Bates Smart in collaboration with Mirvac Design and in landscaping by Jack Merlo, comprises 166 one, two three and four-bedroom apartments


Mirvac reveal latest Melbourne apartment development, Prince & Parade Brunswick

Brisbane's Toowong is set for a new $1 billion town centre after a prime development site was snapped up for $53 million.

The 9,000 sqm development site, on the corner of Sherwood Road and High Street, was slated to home Aviary <a href="/developments/toowong-qld-4066">Toowong</a>, but the current construction crisis in Queensland meant State Development Corporation and partner RW Capital offloaded the site, to a <a href="/developments/brisbane-qld">Brisbane</a> investment company.

They intend on undertaking a joint venture with the adjoining site owner to&nbsp;integrate the two properties and create a $1 billion retail, office, and residential development over a combined 1.3 hectares.

The proposed new <a href="/developments/toowong-qld-4066">Toowong</a> Town Centre will not only create a new town centre in the heart of <a href="/developments/toowong-qld-4066">Toowong</a>, but will add significant community benefits to the precinct and the western corridor.

Ross McKinnon, MD of State Development Corporation, said the sale of the land enables RW Capital to deliver a return to its investors after many months of uncertainty.

"We are delighted that the purchaser will look to develop the property,” McKinnon said.

“Since launching the development in 2020, we have received overwhelming support from council, local residents and retail tenants, and we have no doubt that once built, the project will provide fantastic amenity to the <a href="/developments/toowong-qld-4066">Toowong</a> community."

Christian Sandstrom of Knight Frank originally sold the site to State Development Corporation and introduced the new purchaser in the recent sale.

“This property is in a prime site in the heart of Toowong, and will follow other recent developments including the Monarch development on the old ABC site and Mosaic developments on Sylvan Road and Archer Street.”

The sale was completed in conjunction with Ian Heatherington from Ray White.

The new owner will team up with next door to create a $1 billion retail, office, and residential development over a combined 1.3 hectares




Site sale paves the way for $1 billion Toowong Town Centre

Mermaid Beach has long been the darling of the <a href="/new-apartments/gold-coast-qld">Gold Coast</a>.

It's where the millionaires across the country choose to have their beach houses. Lavish mansions line the beach on Hedges Avenue, one of the most expensive streets in Queensland, and the equally sought-after Albatross Avenue.

Medium-density apartment developments don't come around often in the suburb which has managed to retain it's typical Gold Coast charm, not overran by interstate investors or overdevelopment.

Both the density, and location, is what makes Dankav's <a href="/new-apartments/laani-26-28-alexandra-avenue-mermaid-beach">LAANI Mermaid Beach</a> development a rare proposition. Located on Alexandra Avenue, at the north end of Mermaid Beach bordering Broadbeach, <a href="/new-apartments/laani-26-28-alexandra-avenue-mermaid-beach">LAANI</a> has just 50 apartments across its 18 levels, a maximum of four units per floor.

[smartcode_project:default project_id=6997 project_image_fid=185191]

It hits the sweet spot between density and pricing. The more dense <a href="/new-apartments/yves-mermaid-beach-7-9-mermaid-avenue-mermaid-beach">Yves Mermaid Beach</a>, which has been hugely popular with locals, has 146 apartments.

The rest of the developments within the suburb are low density, which often command considerably higher prices, while projects in planning are either high-rise or low-rise.

Prices start at $1,150,000 for the two-bedroom apartments at <a href="/new-apartments/laani-26-28-alexandra-avenue-mermaid-beach">LAANI</a>, and $1.75 million for the three-bedroom units.

Residents have luxury amenity in the building. Level seven will home a heated lap pool and adjoining day beds, a gym with a sauna, a cinema room, shared office space, a private dining room, and an outdoor sunken lounge and barbecue space.

[smartcode_project:default project_id=6997 project_image_fid=185664]

Completion of LAANI is slated for later this year.

Dankav has a long affiliation with development up and down the <a href="/new-apartments/gold-coast-qld">Gold Coast</a>, and <a href="/new-apartments/mermaid-beach-qld-4218">Mermaid Beach</a> in particular.

Their successful Mali project, down the road on Alexandra Avenue, was another to hit that sweet spot of around 50 apartments. That sold out before completion, which occurred in mid-2021.

[smartcode_project_cta:default project_id=6997]

Medium-density apartment developments don't come around often in the suburb which has managed to retain it's typical Gold Coast charm

How Laani is bringing something different to the Mermaid Beach apartment landscape

Fabcot, the development arm of Woolworths Supermarkets, has been given the green light for their expanded version of the group's <a href="/new-apartments/brisbane-qld">inner city Brisbane development</a>.

The amended proposal included adding seven storeys and constructing more than 70 apartments adjacent to the existing development in <a href="/new-apartments/kangaroo-point-qld-4169">Kangaroo Point</a>.&nbsp;

The initial approval for a 10-storey residential tower with 53 apartments, three levels of parking, and a supermarket was granted in December of 2021. After acquiring an additional 149 sqm lot at 14 Prospect Street in January 2021, Fabcot sought to modify the existing approval to accommodate the new purchase and create a larger and more extensive development.

<h4>Read more:&nbsp;<a href="/news/qld/first-look-woolworths-plot-larger-kangaroo-point-mixed-use-apartment-and-retail-development">First look: Woolworths plot larger Kangaroo Point mixed-use apartment and retail development</a></h4>

Fabcot's land package now spans a total of 3,197 sqm with frontages along Ferry, Prospect, and Deakin Streets, with part of the land reserved for potential future road widening.

<img alt="Render of the initial shoptop project submitted by Fabcot" data-entity-type="file" data-entity-uuid="92cf87c7-c84a-46ad-a2ee-88b050a16e86" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-01%20at%205.05.52%20pm.png?VersionId=xMrsJLU1mMf7eIgNPVoNIbPKeu1Xg9JI" />Render of the initial shoptop development submitted by Fabcot.

The revised plan are for a 17-storey building with 130 apartments, a considerable increase from the originally approved 53 apartments. There will be seven one-bedroom apartments, 75 two-bedrooms, 44 three-bedrooms, and four four-bedroom apartments.

Amenities for the development will comprise a rooftop pool, gym, and outdoor barbecue space with seating. Around 2,600 sqm of space has been allocated for commercial use, allowing for a larger supermarket than initially proposed. The supermarket will now resemble a full-line store, catering to the needs of the Kangaroo Point community while adhering to a similar building footprint.

The development will take place in two stages.

The first stage encompasses four basement levels (one more than originally approved), ground-level retail and commercial space, and rooftop services such as plant rooms and the condenser deck. The second stage will involve floors one to 15, along with the rooftop area, which will feature a garden, pool, barbecue area, and indoor gym.

Urbis explained that the staged development will allow the supermarket to open ahead of the completion of the residential apartments above, ensuring a timely and efficient progression of the project.

The amended proposal included adding seven storeys and constructing more than 70 apartments adjacent to the existing development in Kangaroo Point

Woolworths green lit for expanded mixed-use Kangaroo Point development 

Melbourne's unit market continued to see growth over July, however at a slightly slower pace than recorded in the two months prior.

CoreLogic's Monthly Hedonic Home Value Index found that&nbsp;value of <a href="/developments/melbourne-vic">Melbourne units</a> grew by 0.4 per cent in July, following strong gains of one per cent in June and 0.9 per cent in May.

The July gains better the housing market for the second month in a row. House values grew by 0.3 per cent in July.

Unit values are now 2.2 per cent up over the rolling quarter, and 1.4 per cent year to date. The median value for units in <a href="/developments/melbourne-vic">Melbourne</a> is now $602,000.

<h2>What's happening in the Melbourne off the plan apartment market?</h2>

The biggest news in July came from property advisory firm Charter Keck Cramer, who believe <a href="/news/vic/melbourne-off-the-plan-apartment-values-could-spike-25-per-cent-charter-keck-cramer">off the plan apartment prices could rise by as much as 25 per cent</a>.

"There are a number of fundamental reasons that support the thesis that off the plan apartment value rates across the entire apartment market in&nbsp;<a href="/developments/melbourne-vic">Melbourne</a>&nbsp;will simply have to recalibrate upwards over the next 12 months," Charter Keck Cramer's research report noted.

They cited booming immigration forecasts, a tight supply of apartments, and land and construction prices not likely to fall below pre-COVID levels.

<img alt="Melbourne off the plan apartment values could spike 25 per cent: Charter Keck Cramer" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-21%20at%2010.58.55%20am.png?VersionId=r6aa0O4FUpEfD_wEqQl078dOfISsfsHN" />

Pace Development Group Sales &amp; Marketing Director Ash Bramich says current sentiment has been largely influenced by buyers and developers too nervous to act, one by rising interest rates, and the other by feasibilities that just don’t stack up.

He adds however, for buyers with little&nbsp;to no borrowing required, the market has been fuelled by a shortage of stock, which has been reflected in many boutique projects in desirable suburbs selling very well, even at todays required square metre rates.

"Our lead generation for the yet to launch Fabricca in the always in demand <a href="/developments/fitzroy-vic-3065">Fitzroy</a> has been overwhelming," Bramich says.

"Targeting downsizers, of whom the majority are locals, and those from the inner east who are selling their family homes between $3 million to $7 million are looking for curated projects by recognised developers."

Bramich says PACE are very bullish about the medium to longer term prospects of the market, so long as employment stays strong and immigration continues to flourish.

"As construction prices stabilise, experienced developers are re-entering the market, recognising that the supply and demand imbalance is too great to sit on the sidelines."

Read more:&nbsp;<a href="/news/vic/pace-take-advantage-of-demand-v-supply-in-2022-and-kick-off-construction-in-flemington-and-coburg">Pace take advantage of demand v supply in 2022 and kick off construction in Flemington and Coburg</a>

PACASA Director Stefano Paciocco says the much publicised lack of supply won't be fixed in the near term, because there's currently a mismatch between what developers can pay for land to make a project viable, and vendor’s expectations of what the land is worth.

"If the mismatch continues, there will be even less supply than there is currently,"&nbsp;Paciocco says.

It's the lack of supply of high-quality apartments, paired with a prime location and striking design, which has driven sales&nbsp;at PACASA's recently launched <a href="/developments/richmond-vic-3121">Richmond project</a>, <a href="/new-apartments/park-house-richmond-hill-268-270-church-street-richmond">Park House</a>.

Read more:&nbsp;<a href="/news/vic/locals-drive-sales-at-pacasas-recently-launched-richmond-apartment-development-park-house">Locals drive sales at PACASA's recently launched Richmond apartment development, Park House</a>

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"We’re seeing that those with a lot of equity in their homes, who have waited through the COVID period, are now eager to make their next purchase," Paciocco says.

"There’s a lack of availability of quality owner-occupier and downsizer stock across Melbourne’s inner-ring, which has driven sales at Park House.

"These buyers know there’s not a significant amount of new projects coming in the short-term because of the cost of both land and construction."

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Carpe Co-Founder and Director Tim Campbell says the market is running at two different paces.

"While we’re still actively doing sales across our projects, buyers are definitely a lot more discerning," Campbell says.

[smartcode_project:default project_id=135736 project_image_fid=208613]

"They’re asking a lot more questions over builders, finance, and construction timelines."

There doesn't seem to be an issue in prices being sought, Campbell said. The overarching decision factor is the confidence the development is going to go ahead.

Carpe take buyers through their recently completed Brighton townhouse project, which has been designed by the same architect and built by the same construction firm as their Kew project, The Walton, which is 50 per cent sold.

<a href="/news/vic/city-beat-july-2023-melbourne-units-outperform-houses-as-growth-soars">Read more: City Beat July 2023: Melbourne units outperform houses as growth soars</a>

The biggest news in July came from property advisory firm Charter Keck Cramer, who believe off the plan apartment prices could rise by as much as 25 per cent

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