<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?

Gardner Vaughan Group Zinc has made sure it caters for families at it's Sunshine Coast development Zinc, with a number of three and four-bedroom apartment and townhouse options at the Bokarina project.

Adding to the family appeal is the resident's heated swimming pool on the podium level of the project. That includes a kids shallow area.

The Brisbane-based developer has commenced construction at the beachfront project, which has 92 apartments and townhouses on offer. They're targeted a completion date of early 2024.

[smartcode_project:default project_id=109240 project_image_fid=208019]

GVG wanted to create homes that feel like traditional houses, ensuring that residents have plenty of space to relax, entertain, and truly make their own.

There's further amenity past the swimming pool. Zinc also features recreational areas, including multiple barbecue areas and herb and vegetable gardens. There's a fully-equipped gym, as well as a function room complete with a kitchenette.&nbsp;

Inside the apartments, no detail has been overlooked. Each residence is appointed with luxury inclusions and finishes, coupled with high ceilings, zoned and ducted air conditioning, and commercial acoustic glazing throughout.

Each apartment comes with residential parking and storage space, while Zinc will also offer ample visitor parking and charging stations for electric cars.

Outdoor enthusiasts will be pleased to find outdoor showers and a surfboard washroom, as well as a wall-mounted bike rack for each car park, in addition to car wash and vacuum bay.&nbsp;

[smartcode_project:default project_id=109240 project_image_fid=208032]

Location-wise, Zinc offers the best of both worlds.

Situated just 20 minutes from the Sunshine Coast Airport, it is easily accessible for both domestic and international travellers, while&nbsp;Brisbane Airport is also within reach, just 64 minutes away.

The Sunshine Coast University Hospital and Private Hospital are just a short 5-minute drive away, while families will appreciate the proximity to Kawana State School, ensuring a quick and easy commute for the kids.

[smartcode_project_cta:default project_id=109240]

GVG have taken to creating homes that feel like traditional houses, ensuring that residents have plenty of space to relax, entertain, and truly make their own

Gardner Vaughan Group offering house-like apartments in Zinc Bokarina

Ellipse Property Group has received approval from the Hills Shire Council to develop its $850 million masterplanned community, Carrington Place, in Castle Hill.

The huge 3.2 hectare project, which will be the largest residential project in Castle Hill when it hits the market later this year, will bring five buildings with 771 apartments to the burgeoning Hills District.

The first stage to be released to the market will be Atrium, the gateway building to the new urban village. There will be 151 apartments on offer across the eight-level building which will feature a rooftop with recreational spaces which will have views of the surrounding landscape.

[smartcode_project:default project_id=89496 project_image_fid=216766]

Tony Own Partners, in collaboration with Stanisic Architects, have designed the buildings to blend with the surrounding&nbsp;natural landscapes while complementing the curve of the tranquil Cattai Creek which runs along the western border of the development.

There will be around 20,000 sqm of outdoor recreational space across the whole site, made up of recreational space, and gardens conceived by landscape architect Site Image Landscape Architects.

A key feature of the project will be a one-kilometre boardwalk running the length of the Cattai Creek connecting to Fred Caterson Reserve, a 58-hectare local reserve featuring picnic tables, children’s playgrounds, along with multiple sports facilities.

Ellipse Property, who bought the site in 2016, has committed to dedicate over 6500 sqm of the Cattai Creek back to the community in this masterplan.

Ellipse Property has also worked closely with the local council on the revegetation management and landscaping of the Cattai Creek Masterplan spanning the Carrington Place site known locally as ‘The Green Belt’. The area is home to an array of wildlife, flora and fauna, in particular The Powerful Owl, the largest owl on the Australian continent.

[smartcode_project:default project_id=89496 project_image_fid=216770]

Carrington Place Project Director Joseph Chiha emphasized that Carrington Place is envisioned as a multi-staged urban village with a strong connection to nature, prioritizing lifestyle, sustainability, and community.

"The project seamlessly blends with the surrounding nature and aims to become one of Sydney's most sustainable urban communities,&nbsp;Chiha said.

Ellipse Property Founder Sam El Rihani said Carrington Place represents a significant milestone for the company, as evidenced by the anticipation surrounding its highly anticipated launch.

"At Ellipse Property, we believe in creating more than just buildings; we strive to develop thriving communities," El Rihani said.

[smartcode_project:default project_id=89496 project_image_fid=216769]

"With Carrington Place, our goal is to foster a sense of belonging and connection among residents. We envision a place where neighbours become friends, where families create lasting memories, and where the community flourishes together."

Each tower within the development will achieve a minimum average 6-star NATHERS rating.

Located directly opposite The Hills Showground Metro Station, Carrington Place will provide future residents with connectivity to Sydney’s CBD, Chatswood, North Sydney, Macquarie Park and Norwest Business Park.

Construction is planned to commence in Q3 2023 with Stage 1 Atrium due for completion in Q3 2025. The entire five-stage precinct is due for completion in 2032.

The huge 3.2 hectare project, which will be the largest residential project in Castle Hill when it hits the market later this year, will bring five buildings with 771 apartments to the burgeoning Hills District.

Ellipse secure green light for $850 million Castle Hill masterplan, Carrington Place

Construction on the latest Brunswick residential development is well underway, with Brunswick Yard set to welcome it's first residents later this year.&nbsp;

Nestled in the heart of the suburb, in the quiet backstreets of Brunswick, just a few minutes' walk from the train station and trams, Brunswick Yard offers convenience and accessibility.

The location allows residents to easily explore the vibrant neighbourhood, with nearby attractions including the renowned Oven Street Bakery and a local Mediterranean supermarket. For those with vehicles, ample secure car parking is available, and bicycle storage facilities cater to eco-conscious commuters.

[smartcode_project:default project_id=4867 project_image_fid=159053]

Prospective buyers can secure an apartment in Brunswick Yard with the development offering substantial stamp duty savings, coupled with eligibility for the First Home Owner Grant. These incentives make it an attractive opportunity for first-time buyers to secure their dream homes in a sought-after location.

Designed by Carr Design, the recipient of the prestigious 2021 AIA Interior Architecture Award, Brunswick Yard boasts modernist-inspired interiors and architecture that pay homage to the site's industrial history. The architectural language adopted by Carr adds to the aesthetic evolution of Brunswick, enhancing its unique character.

One of the standout features of Brunswick Yard is its expansive internal gardens, designed by 360 Degrees Landscape Architecture, which earned the firm the 2021 National Landscape Architecture Awards' Award of Excellence. The lush green spaces serve as a sanctuary for residents, promoting mindfulness, personal wellbeing, and a sense of community.

Brunswick Yard is not just aesthetically pleasing, it also prioritises sustainability. As a seven-plus Star NATHERS rated development, it focuses on natural ventilation, energy-conserving fixtures, and drought-resistant native planting.

[smartcode_project:default project_id=4867 project_image_fid=159061]

The material selection, with an emphasis on concrete, steel, and glass, is designed to withstand the test of time with minimal maintenance required, setting a standard for long-lasting quality.

To showcase the offerings of Brunswick Yard, a new Display Suite has opened recently by appointment at 459a Sydney Rd, providing interested buyers with the opportunity to experience the spacious layouts, premium appliances, and modern design firsthand.

One, two and three-bedroom apartments are still available in Brunswick Yard, with prices starting from&nbsp;$475,000.

[smartcode_project_cta:default project_id=4867]

Residents set to move into Brunswick Yard later this year

Construction is officially underway at PAMA Casuarina, a rare new apartment development in the NSW North Coast region.

Developed by Holm Developments in a joint venture with&nbsp;DeMartini Fletcher, PAMA will deliver&nbsp;only 47 residences, with the project proving to be a popular option for buyers with only a limited number of residences remaining.&nbsp;

The architectural design of PAMA Casuarina is a testament to sophistication and style, with renowned firm Plus Architecture seamlessly blending coastal elegance with the iconic mid-century charm of Palm Springs.

[smartcode_project:default project_id=112236 project_image_fid=202264]

Each residence at PAMA Casuarina boasts spacious floor plans and private balconies, with the balconies complete with built-in barbecues, allowing residents to fully embrace the alfresco lifestyle that the coastal location offers.

Luxury finishes are a hallmark of PAMA Casuarina, with stone benchtops, tiled flooring, brushed nickel tapware, and Miele appliances adorning the residences. The floor-to-ceiling glass sliding doors not only flood the interiors with natural light but also offer panoramic views of the sought after surroundings.

Residents can rest easy knowing that secure basement parking is available for all residences, with most featuring space for two cars and additional storage.

A range of amenities also await residents, including a resort-style pool with a wet deck area, an outdoor kitchen with barbecue facilities, an expansive board storage facility, outdoor showers, and exclusive use of vintage bicycles.

[smartcode_project:default project_id=112236 project_image_fid=202263]

The location of PAMA Casuarina has been a main driver for buyers in the development, with Casuarina's finest cafes, restaurants, and boutique shops all within walking distance. For those who love to travel, the nearby M1 provides easy access to both Brisbane and Byron Bay, while the Gold Coast International Airport is just a short 20-minute drive away.

Nestled in a tranquil and untouched section of the coastline, PAMA Casuarina is set to become a sought-after residential address, with only a limited remaining supply of two, three and four-bedroom apartments remaining.&nbsp;

[smartcode_project_cta:default project_id=112236]

The architectural design of PAMA Casuarina is a testament to sophistication and style, with renowned firm Plus Architecture seamlessly blending coastal elegance with the iconic mid-century charm of Palm Springs.

Construction kicks off at Holm's PAMA Casuarina

The Fitzroy development George Street, conceived by developer Ben White and award-winning architecture firm Bergman &amp; Co., is set to welcome residents by Q3 2023.

Location is key at George Street, which is located within walking distance of Brunswick Street, Smith Street, and Johnston Street.

Residents will find themselves surrounded by an abundance of amenities, including trendy cafes, boutique shops, and vibrant entertainment venues.

[smartcode_project:default project_id=8068 project_image_fid=167333]

Fitzroy itself is bursting at the seams with culture, character, and creativity. Known as Melbourne's artistic hub, it offers a thriving arts scene, an eclectic mix of galleries, and a diverse range of cultural experiences.

What sets George Street Apartments apart is its exclusivity. The boutique development comprises just 15 apartments, ensuring a sense of privacy and an intimate community atmosphere

The thoughtfully designed apartments offer generous open-plan living spaces, with each apartment crafted with deep timber accents and warm grey cabinetry.

[smartcode_project:default project_id=8068 project_image_fid=169724]

The kitchens feature&nbsp;monolithic terrazzo island bench, which takes centre stage of every apartment, coupled with&nbsp;top-of-the-line V-ZUG Swiss appliances.&nbsp;

The remaining apartments include two and three-bedroom floorplans, spanning from&nbsp;145 sqm through to&nbsp;184 sqm.&nbsp;

Each apartment features one car space and two-bathrooms, with prices starting from&nbsp;$1.49 million for a three-bedder.&nbsp;

[smartcode_project_cta:default project_id=8068]

Location is key at George Street, which is located within walking distance of Brunswick Street, Smith Street, and Johnston Street

Fitzroy's George Street apartment development to welcome buyers in August

South Yarra, renowned for its prime location beside the picturesque Yarra River and its cityscape views, has solidified its reputation as the pinnacle of sophisticated living.

Nestled amidst lush green parklands, esteemed private schools, and an array of iconic shopping and dining destinations, South Yarra presents an exclusive lifestyle unlike any other.

The completed 661 Chapel St by Gamuda Land fits into the South Yarra landscape, named after its location towering high above the bustling Chapel Street.

[smartcode_project:default project_id=600 project_image_fid=140802]

The ready-to-move-in project has been crafted with attention to detail and original materials, with architects Bird de la Couer infusing international design DNA into every facet of the development.

By seamlessly combining opulence with functionality, they have created a vertical village that fosters a sense of community and interaction among its residents.

The building stands tall, boasting 30 floors comprising spacious one, two, three, and four bedroom residences. At the pinnacle lies a duplex penthouse, complete with a private rooftop offering panoramic vistas.

As residents enter the soaring private lobby spanning four levels, they are greeted by a gallery-like space adorned with renowned artworks, setting the tone for the exceptional experience that awaits within.

[smartcode_project:default project_id=600 project_image_fid=94612]

Collaborating with a selection of renowned artists, including the famed British artist Damien Hirst who is known for his ability to transcend artistic boundaries and challenge contemporary beliefs, 661 Chapel is an art connoisseurs dream.

Hirst's contribution to the collaboration, titled "Eternal," showcases the butterfly motif in three forms, symbolising love, hope, and beauty.

Expansive living areas with floor-to-ceiling glass windows offer captivating views, coupled with engineered timber floors in neutral tones and plush carpets.&nbsp;

The kitchens are a testament to culinary excellence, featuring premium stone surfaces, designer appliances by Miele and Gaggenau, soft-closing doors, and high-quality European fixtures.&nbsp;

[smartcode_project:default project_id=600 project_image_fid=140796]

Beyond the confines of the apartments, Bird de la Couer has curated an array of communal spaces that epitomise a lifestyle centred around pampering, pleasure, and practicality.

Entertain guests in the private dining rooms, indulge in a movie at the theatre, or lose yourself in the pages of a book in the library.

For wine enthusiasts, a climate-controlled wine cellar is at your disposal. Residents can also revel in the benefits of healthy living through the state-of-the-art 25-metre lap pool, cantilevered to overlook Chapel Street, along with a spa, steam room, sauna, and fully equipped gymnasium.

[smartcode_project_cta:default project_id=600]

The ready-to-move-in project has been crafted with attention to detail and original materials, with architects Bird de la Couer infusing international design DNA into every facet of the development

661 Chapel Street offers ready-to-move-in apartments in South Yarra

Castle Hill is set to welcome the arrival of its newest residential resort, with Bridgestone Project's Château Showground set to welcome its first residents in September.

The development has been met with solid demand, with 70 per cent of the 296 residences sold. Prices start from $646,000 for the remaining one-bed units, which includes a separate study space, and $859,000 for the two-bedroom apartments.

The three-bedrooms are priced from just over $1 million.

[smartcode_project:default project_id=13888 project_image_fid=159884]

Château Showground will be one of the earliest projects completed in the transformation of the Showground Precinct, which has been a popular spot for buyers since development was given the green light by the NSW Government to allow for residential apartment projects.

Chateau's architectural design combines elegance and functionality to create an unparalleled living experience, with PTW Architects handling the design of the residences.&nbsp;

With options including single-level and two-storey apartments, residents can choose the layout that best suits their preferences and needs.

[smartcode_project:default project_id=13888 project_image_fid=159888]

Situated just 250 metres from the Showground Metro Station, residents will have easy access to public transportation, enabling seamless connectivity to the wider region.

Resident's will also benefit from the resort's rooftop terrace, complete with an infinity pool, overlooking the nearby surroundings, along with barbecue facilities, alfresco dining space and a Zen garden.

[smartcode_project:default project_id=13888 project_image_fid=159883]

There'll also be a state-of-the-art gym available, equipped with top-of-the-line equipment and facilities, in addition to an outdoor cinema.&nbsp;

With all the terrace and townhome options already sold out, prospective buyers are still able to purchase either a one, two or three-bedroom apartment in Chateau.&nbsp;

The one-bed options include separate study space, with prices from&nbsp;$646,000. The two-bedders are priced from&nbsp;$859,000, while the three-bedroom options begin from just over $1 million.&nbsp;

[smartcode_project_cta:default project_id=13888]

The development has been met with solid demand, with 70 per cent of the 296 residences sold

Move in to Castle Hill's Château Showground September this year

Surfers Paradise is set to welcome another oceanside neighbourhood to it's portfolio, and one that might be sold out before construction completes.

SPG Land's Paradiso Place, the striking Rothelowman-designed tower on Ferny Avenue, has sold over 75 per cent of its 258 apartments.&nbsp;

Boasting an unrivalled location, Paradiso Place is Australia's first luxury oceanside neighbourhood, combining the allure of the coastal lifestyle with the comforts of a contemporary home.

[smartcode_project:default project_id=106566 project_image_fid=185853]

Each of the one, two and three-bedroom apartments within the development offer sweeping views, allowing residents to immerse themselves in the beauty of the surrounding natural environment.

With ceiling heights of nearly three metres in all living and bedroom areas, the residences create a sense of grandeur and spaciousness, with the thoughtfully designed floor plans maximising liveability, ventilation, and natural light.

[smartcode_project:default project_id=106566 project_image_fid=185852]

Furthermore, residents have the option to customise their homes with additional upgrade options and smart home automation, providing a truly personalised living experience.

Paradiso Place's exterior design further enhances the serene ambiance, with sub-tropical landscapes, gardens, and resort-style luxury throughout.

The development features three swimming pools, including a round-shaped infinity pool, a 20-metre lap pool, and a shallow lounging pool. Residents can also enjoy a private poolside dining area.

[smartcode_project:default project_id=106566 project_image_fid=185857]

For those seeking an active lifestyle, Paradiso Place offers a state-of-the-art gym, yoga studio, and wellness centre.&nbsp;

A standout feature of this exceptional development is the Sky Lounge located on level 26. The luxurious space encompasses co-working and private working spaces, a social lounge, and a Coffee Emporium.&nbsp;

A&nbsp;$4 million sales gallery is open seven days a week to prospective buyers.

[smartcode_project_cta:default project_id=106566]

Boasting an unrivalled location, Paradiso Place is Australia's first luxury oceanside neighbourhood, combining the allure of the coastal lifestyle with the comforts of a contemporary home

SPG Land sell over 75% of Surfers Paradise tower Paradiso Place

Hurstville, a thriving suburb located just 16 kilometres from Sydney's CBD, is continuing its transformation through high-density residential projects.

Developer Fridcorp recently took the wraps off Beyond, their four-tower project on Forest Road.

Designed by award-winning architects DKO and Woods Bagot, the project offers a range of brand new one, two, three-bedroom apartments that are ready for occupancy.&nbsp;

[smartcode_project:default project_id=6798 project_image_fid=214102]

Beyond offers an extensive array of indoor and outdoor multi-functional amenity spaces, including a meditation deck, a communal barbecue area, private gardens designed by 360 Degrees, a well-equipped gym and sauna.

Beyond also homes a laneway retail precinct, boasting a recently opened Woolworths and BWS, with&nbsp;upcoming cafes, retail shops, and dining options set to enhance the community atmosphere. This integrated retail space ensures residents have easy access to everyday essentials and a variety of conveniences right at their doorstep.

Security and pet-friendliness are also prioritised in Beyond. Residents can enjoy peace of mind with the building's secure features, and pet owners will appreciate the pet-friendly environment that welcomes their furry companions.

[smartcode_project:default project_id=6798 project_image_fid=214111]

Inside the apartments, open-plan living takes centre stage. The residences feature Wellness Systems, including air purification, water filtration, and circadian lighting, coupled with&nbsp;Oak timber flooring adds a touch of elegance while providing low-maintenance living.

The full kitchens are complete with SMEG appliances, while the Fridcorp custom bar, featuring brushed brass finishes, adds a touch of sophistication to the living space.

The bedrooms feature mirrored built-in robes, high ceilings, and full-height windows, creating a sense of space and luxury, coupled with bathrooms with bathtubs and separate internal laundries.

[smartcode_project:default project_id=6798 project_image_fid=214097]

The strategic location of Beyond ensures residents can enjoy the quintessential Sydney lifestyle. With Allawah and Hurstville train stations in close proximity, commuting to the CBD is a breeze, with just a 19-minute express train ride.

The heart of Hurstville and Westfield Shopping Centre, which offers a wide range of retail brands and dining experiences, is within a short walking distance, with residents also set to benefit from the open spaces of Kempt Field Park, situated right next to the development.&nbsp;

Prices at Beyond starting at $610,000 for a one-bedroom apartment, $845,000 for two-bedroom unit, and $1.31 million for three-bed apartments.&nbsp;

[smartcode_project_cta:default project_id=6798]

Designed by award-winning architects DKO and Woods Bagot, the project offers a range of brand new one, two, three-bedroom apartments that are ready for occupancy

Beyond by Fridcorp delivers brand new apartments to Hurstville 

The ASX-listed Mirvac has officially topped out the main structures of three residential apartment buildings at Green Square in Sydney’s Zetland, signalling the near completion of 311 new homes as part of one of the largest urban renewal projects in Australia.

They simultaneously topped out&nbsp;The Frederick, Portman on the Park, and Portman House,&nbsp;which have a combined construction value of over $210 million.

Over 80% of the apartments are already sold, to a mix of owner occupiers, young first home buyers and investors.

Mirvac CEO Development Stuart Penklis said the completion of the three buildings forms a significant milestone for the ongoing evolution of Green Square from one of the city’s oldest industrial suburbs to Sydney’s first new town centre in more than a century.

"The new community we are delivering in partnership with state and local government at Green Square has already contributed homes for over 1,000 residents, and these three new apartment buildings will see a further 685 residents calling the precinct home by the end of 2023," Penklis said.

[smartcode_project:default project_id=109956 project_image_fid=186239]

“On completion, Mirvac will deliver more than 1,600 apartments in Green Square, along with state-of- the-art office and vibrant retail spaces, and substantial public spaces within the Green Square Town Centre.

"The precinct is close to public transportation, healthcare, education, and community services and promotes social inclusion and diversity and fosters a sense of community among its residents."

Penklis said&nbsp;Green Square is a great example of government and industry coming together to not only generate more places close to the city for Sydney-siders to call home, but also foster a community that will meet the needs of its residents for years to come.

"This commitment could not be more important as we play our part in resolving the most significant housing crisis of our generation.”

[smartcode_project:default project_id=30049 project_image_fid=162884]

Green Square by Mirvac has been coming to life for over nine years, and the precinct is now home to a library and Civic Plaza, as well as the 6,200 sqm Drying Green, Gunyama Park Aquatic and Recreation Centre, Green Square train station, Joynton Avenue Creative Centre, Goodstart Waranara Early Education Centre and over 40 parks.

The Green Square Public School, which will cater to 600 primary students, commenced construction in August 2022.

Landcom, the NSW Government's land and property development organisation, and Mirvac began working together on the Green Square urban renewal project in 2012. In October 2020 Mirvac began acquiring Landcom’s ownership of the future stages of Green Square Town Centre.

[smartcode_project:default project_id=100811 project_image_fid=162907]

Lord Mayor of Sydney, Clover Moore, said the $13 billion Green Square precinct renewal was one of the City’s greatest challenges, but also one of their greatest successes. By 2030, it will have 70,000 residents and 22,000 workers and will still be growing.

“Safe, secure and affordable housing for essential workers and for those on low and very low incomes is essential for a cohesive and economically successful city," Moore said.

“Mirvac’s Green Square mixed-use apartment complex is the result of a design competition which resulted in four buildings containing more than 300 homes and retail spaces and a contribution to affordable housing."

The Frederick is the tallest of the trio of buildings at 23 levels. That has been designed by Smart Design Studio in collaboration with Mirvac Design and will home 151 apartments with views of the Sydney CBD.&nbsp; It is also home to a resident only Business Studio, a Wellness Studio, and Sky Lounge, a bookable private dining space exclusive for residents and their guests.

[smartcode_project:default project_id=109956 project_image_fid=186227]

The Portman Collection comprises Portman on the Park and Portman House and was designed by certified carbon neutral architectural practice CO-AP in collaboration with Mirvac Design.

Portman on the Park includes 116 apartments, many with dual aspect views of Sydney’s CBD and the Drying Green, which maximise the free flow of air and capture natural light. Portman House is a boutique offering of 44 apartments across 12 levels, just four apartments per floor.

Mirvac has also started construction on the nearby Portman St Terraces, designed in collaboration with Smart Design Studio.

[smartcode_project:default project_id=100811 project_image_fid=162900]

Drawing inspiration from the surrounding traditional Victorian terraces, these seven, contemporary spacious homes feature open plan living, four bedrooms, rooftop entertaining deck, courtyards and flexible family room.

Mirvac CEO Development Stuart Penklis said the completion of the three buildings forms a significant milestone for the ongoing evolution of Green Square from one of the city’s oldest industrial suburbs to Sydney’s first new town centre in more than a century.

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