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?

The Towers at Elizabeth Quay, Perth's most coveted waterfront address, is giving buyers a chance to turn their rent payments into an investment towards owning an apartment.

For a limited-time rent-to-buy option,&nbsp;Far East Consortium are allowing tenants to put up to their first year's rent towards the purchase price, provided settlement occurs within two years from the lease commencement.

Nestled in the heart of Elizabeth Quay, The Towers offer a unique living experience, where luxury meets convenience. Boasting views of the Swan River in every direction, residents can revel in the beauty of their surroundings, whether facing east, west, or south.

[smartcode_project:default project_id=7854 project_image_fid=85814]

The opportunity to convert rent into equity sets The Towers apart from traditional rental offerings. By allocating a portion of their rental payments towards the purchase price, tenants have the chance to secure a stake in one of Perth's most enviable riverside locations, offering a pathway to homeownership within a two-year timeframe from the start of the lease.

The Towers, situated in Elizabeth Quay, Perth's most prestigious precinct, redefine the concept of spectacular living. With its affiliation with The Ritz-Carlton hotel, the development exudes elegance and sophistication.&nbsp;

The Towers is positioned along the waterfront of Perth's most premium locale, is in close proximity to Perth's best restaurants, bars, cafes, entertainment venues, art galleries, theatres, museums, shopping malls, medical centres, and universities.

[smartcode_project:default project_id=7854 project_image_fid=85809]

The residential complex features a secure intercom system, gated car park, CCTV surveillance, and a dedicated concierge team at the residents' lobby, with a mix of two and three-bedroom apartments remaining.&nbsp;

Internally the floor-to-ceiling glass façades allow for panoramic views from the living areas, while winter gardens create seamless indoor-outdoor living throughout the year.

With fingertip-controlled automation, large windows open effortlessly, inviting the outside in, with the apartments also featuring fully integrated European appliances, including gas cooktops, and boast exceptional tiling, carpeting, fittings, and fixtures.

[smartcode_project_cta:default project_id=7854]

Far East Consortium are allowing tenants to put up to their first year's rent towards the purchase price, provided settlement occurs within two years from the lease commencement.

Rent-to-buy option opens doors to luxury living at The Towers at Elizabeth Quay

Casurban are giving buyers a chance to buy into their Eumemmerring development, Medina Park, with just a $9,000 deposit.&nbsp;

Offering spacious three and four-bedroom townhomes, the estate, around 30 kilometres south-east of Melbourne, provides an ideal living environment surrounded by an array of amenities.

Buyers need only pay an initial deposit of $9,000, making it an enticing prospect for those looking to enter the property market or rightsizers seeking to upgrade to a brand new property. Completion is slated for mid-2024.

[smartcode_project:default project_id=138763 project_image_fid=213152]

The townhomes boast open plan living and dining areas, providing ample space for families, with separate retreat areas offering privacy and versatility, catering to various lifestyle needs.

They also feature double car garages and ample storage space, as well as spacious balconies and 2,000 rainwater tanks, promoting sustainability and reducing water consumption.&nbsp;

Prospective homeowners can choose from two interior colour schemes, allowing them to personalise their living spaces according to their preferences and style.

[smartcode_project:default project_id=138763 project_image_fid=210503]

The estate is centrally located amidst parklands and reserves, providing residents with access to natural beauty and recreational spaces, with the convenience of nearby schools, shopping centres such as Dandenong and Endeavour Hills, and medical facilities like Dandenong and Casey hospitals.

The well-connected suburb of Eumemmerring also offers easy access to major arterials and public transport options.

The three-bedroom townhomes are priced from&nbsp;$590,000, with the four-bedroom townhouses starting from&nbsp;$720,000.

[smartcode_project_cta:default project_id=138763]

The three-bedroom townhomes are priced from $590,000, with the four-bedroom townhouses starting from $720,000

Buy in Eumemmerring's Medina Park with just a $9k deposit 

Deicorp has unveiled a new collection of apartments in their Castle Hill development, Hills Showground Village.&nbsp;

The new release includes a selection of one, two and three-bedroom apartments, further enhancing the product offering already available at the&nbsp;430-apartment project.&nbsp;

[smartcode_project:default project_id=133881 project_image_fid=209811]

Designed by&nbsp;Turner Studio, the apartments boast high-quality appliances, including a SMEG oven, gas cooktop and microwave, coupled with open plan living and dining areas which extend seamlessly to spacious balconies that take in views over the leafy surroundings.&nbsp;

Residents will be afforded with never-to-be-built-out views as they sit adjacent to the new Showground precinct, with the picturesque surroundings complemented by landscaped native gardens and green spaces.

The Hills Showground Village will also offer an array of communal facilities and amenities that cater to residents' every need, from barbecue areas to dining and entertainment facilities.&nbsp;

[smartcode_project:default project_id=133881 project_image_fid=209805]

The convenience of everyday essentials is within arm's reach, with the Hills Showground Village to boast a full-line supermarket, along with 30 speciality retail outlets.&nbsp;

Food lovers will be delighted with the thriving café, restaurant, and bar scene in the area, with a dining and retail precinct on their doorstep.

Construction is well underway on the landmark development, with prices for a one-bed plus study apartment starting from&nbsp;$640,000.

[smartcode_project_cta:default project_id=133881]

Residents will be afforded with never-to-be-built-out views as they sit adjacent to the new Showground precinct, with the picturesque surroundings complemented by landscaped native gardens and green spaces

Deicorp release new apartments in the Hills Showground Village

In recent years, there has been a noticeable shift in the amenities offered by apartment developments, with developers recognising the importance of promoting health and well-being among residents.

One amenity that is increasingly gaining popularity is dedicated yoga rooms or spaces within developments.

They're particularly popular on the Gold Coast, and in beachfront projects, where the building opens up to the ocean and sand, creating a space perfect for yoga and meditation.&nbsp;

We've had a look at the Gold Coast's most insta-worthy projects with a yoga space.

<h2>AURA on the Beach</h2>

<h2>Address: 59 Garfield Terrace, Surfers Paradise</h2>

<h2>Developer: ASF Group</h2>

AURA on the Beach, the latest release by ASX-listed Sydney-based ASF Group on the coveted Garfield Terrace offers a dedicated yoga space within the development.

The development provides a comprehensive resident-only amenity offering.

In addition to an ocean-view infinity pool, cabana, and gym on the podium floor, AURA also boasts a dedicated yoga room.

[smartcode_project:default project_id=9097 project_image_fid=209165]

Designed by Brisbane-based Blight Rayner, the development takes full advantage of its coastal location, offering a tranquil space where residents can engage in yoga and meditation practices.

With each full-floor apartment featuring four bedrooms, 3.5 bathrooms, and over 10 meters of direct ocean frontage, AURA on the Beach provides a luxurious and serene living experience.

<h2>Victoria &amp; Albert</h2>

<h2>Address: 12-18 Albert Avenue, Broadbeach</h2>

<h2>Developer: Iris Capital</h2>

Iris Capital's $800 million Victoria &amp; Albert development in Broadbeach offers multiple dedicated yoga spaces across it's towers.

Nestled in the Victoria Club, located on the fourth podium level, offers an array of amenities, with the yoga lawn and studio being standout features.

[smartcode_project:default project_id=107928 project_image_fid=184934]

Surrounded by lush greenery and nestled between two pools, the yoga lawn provides residents with an outdoor space to practice yoga while enjoying the sub-tropical climate and sunny nature of the Gold Coast.

[smartcode_project:default project_id=107928 project_image_fid=198886]

For those seeking an indoor option, a yoga studio is conveniently situated across from the lawn.

Alongside these yoga facilities, the Victoria &amp; Albert development offers a wide range of premium indoor and outdoor amenities, including a gym, wellness room, resident's lounge, children's area, cinema, outdoor dining, and barbecue pods, all beautifully integrated with verdant landscaping.

<h2>Vista</h2>

<h2>Address:&nbsp;26 Vista Street, Surfers Paradise</h2>

<h2>Developer: MRCB International</h2>

MRCB International's Surfers Paradise development also embraces the trend of dedicated yoga spaces is 26 Vista, situated at a prime location just one street back from Northcliffe Beach.

Rising 51 levels, this development by DBI Design offers 280 apartments, as well as six three-storey townhouses facing Northcliffe Light Rail Station.

[smartcode_project:default project_id=112730 project_image_fid=211258]

The tower, covering only 30 per cent of the site, has been designed to take advantage of its coastal proximity, maximising views towards the river and the hinterland.

[smartcode_project:default project_id=112730 project_image_fid=211250]

Located on the fourth level, residents will have access to a wellbeing precinct which ensures&nbsp;that residents can prioritise their physical and mental well-being without ever having to leave the comfort of their home, with the outdoor yoga space a notable highlight.&nbsp;

Residents of Vista will also have access to a gym featuring an outdoor yoga space, an outdoor pool and spa, sauna, steam room, and a resident's lounge.

Yoga rooms have become particularly popular on the Gold Coast, and in beachfront projects, where the building opens up to the ocean and sand, creating a space perfect for yoga and meditation. 

The growing yoga room trend: The Gold Coast's best apartment developments with dedicated yoga space

While a number of new residential developments are currently being built or are in planning in the convenient suburb of&nbsp;Carnegie, there's very limited opportunity to buy now into a completed development in the area.&nbsp;

Big C&amp;S Group Pty Ltd's Bloom delivers buyers just that, with a range of one, two, three and four-bedroom apartments ready to be occupied. The variety of apartment configurations on offer will likely attract a wide and diverse range of buyers.

[smartcode_project:default project_id=2700 project_image_fid=29622]

The building's facade features contrasting dark and light elements, creating a visually striking appearance, while internally, each of the apartments feature large open plan living areas, which flow seamlessly to private outdoor courtyards or terraces.&nbsp;

Designed by&nbsp;Caulfield Krivanek Architecture, the homes are equipped with integrated Bosch appliances, coupled with stone finishes throughout, as well as oak timber flooring and ducted heating and cooling systems.&nbsp;

Residents have access to secure basement car parking, for one or two cars, in addition to separate storage space.&nbsp;

[smartcode_project:default project_id=2700 project_image_fid=29627]

Situated within minutes' walking distance to Glenhuntly and Koornang Roads, residents will have easy access to a wide range of shopping options, cafés, restaurants, as well as essential amenities, while the&nbsp;Chadstone Shopping Centre is located only a short seven-minute drive away

The nearby train station offers convenient transportation links, making commuting a breeze and for nature lovers, parklands are just a stone's throw away.

Castran Gilbert are marketing the apartments in Bloom where the one-bedders are priced from&nbsp;$445,000and the two-bedders from&nbsp;$585,000.

The three-bedroom floorplans are priced from&nbsp;$835,000, while the four-bedroom apartments start from $1.179 million.&nbsp;

[smartcode_project_cta:default project_id=2700]

The building's facade features contrasting dark and light elements, creating a visually striking appearance, while internally, each of the apartments feature large open plan living areas, which flow seamlessly to private outdoor courtyards or terraces. 

Bloom delivers completed apartments to Carnegie 

With a wealth of amenity in and around South Melbourne, developers could be guilty of relying on what's around the project rather than the amenity that they could offer in it.

Not R.Corporation, who has gone to great lengths by providing wealth of residential amenity within one of their most recent developments, R.Iconic.

The Plus Architecture-designed twin tower development, two 31-level buildings one with a hotel and the other apartments, offer everything from a rooftop running track to a whiskey lounge.

&nbsp;

[smartcode_project:default project_id=5234 project_image_fid=210229]

Set among landscaped gardens designed by the renowned Paul Bagnay, R.Iconic features an expansive backyard featuring one acre of space.&nbsp;

Residents will also have access to&nbsp;a state-of-the-art gym, an infinity pool, running track, fitness stations, a tranquil zen garden, and an adventure playground for children.

[smartcode_project:default project_id=5234 project_image_fid=210227]

There's also a multitude of entertainment options, including outdoor dining pods, a cinema, karaoke room, wine vault and a whiskey lounge.&nbsp;

Generally high amenity comes with high body corporate fees, however the fees at R.Iconic can be as low as $60*.

Prices at R.Iconic start from $540,000.

[smartcode_project_cta:default project_id=5234]

The Plus Architecture-designed twin tower development, two 31-level buildings one with a hotel and the other apartments, offer everything from a rooftop running track to a whiskey lounge

Southbank's R.Iconic offering 30 world-class amenities from only $60 a week* 

Perth's prestigious Applecross neighbourhood is in the midst of witnessing the rise of a new icon of luxury living.

Award-winning apartment developer Edge has begun construction on Rivière Residences, with the prime waterfront site set to offer views of the Swan River, Perth City, Kings Park, and the Darling Scarp.

Designed by Hillam Architects, Riviere will deliver a collection of one, two and three-bedroom apartments, along with an array of sub-penthouses and two-storey penthouses.&nbsp;

[smartcode_project:default project_id=28384 project_image_fid=178835]

The residences feature soaring ceilings and full-height double-glazed windows, framing the picturesque views while also flooding the interiors with natural light.

Across the podium level, residents will benefit from a number of luxurious amenities, including a 25-metre heated infinity pool, along with a residents' lounge and dining areas, a climate-controlled wine cellar and tasting room, whiskey den and a library.&nbsp;

There'll also be a sauna and steam room, as well as a gold class-style cinema, state-of-the-art gym and health club, and a five-star games room.&nbsp;

[smartcode_project:default project_id=28384 project_image_fid=178848]

The project also features publicly accessible restaurants, wine bars, and a community hub at street level, which is expected to become a popular destination for residents and visitors alike.

Aside from its luxurious offerings, Rivière Residences benefits from its proximity to established neighbourhood conveniences, community sporting facilities, public transport networks, and freeway connections.

Prices start from $640,000, with completion of the project slated for September 2024.

[smartcode_project_cta:default project_id=28384]

Designed by Hillam Architects, Riviere will deliver a collection of one, two and three-bedroom apartments, along with an array of sub-penthouses and two-storey penthouses

Construction underway at Edge Visionary's Riviere Residences in Applecross

Nestled in the heart of Southport, La Isla boasts a location that offers a multitude of benefits to its residents.

Situated as the productive centre of the renowned Gold Coast, the residential development provides not only a gateway to beaches and a vibrant dining scene but also a plethora of adventurous opportunities.

The strategic positioning of La Isla allows residents to effortlessly indulge in the best that the area has to offer.

[smartcode_project:default project_id=134731 project_image_fid=213011]

From the windows of every apartment, residents can gaze upon the picturesque landscapes that surround them. The panoramic vistas include the Gold Coast Broadwater, the Pacific Ocean, and the lush greenery of suburban Southport.

These scenic sights draw parallels to the laid-back and breezy atmospheres found in European coastal towns, creating an organic and connected ambiance with the outdoors.

La Isla takes full advantage of its prime location in Southport, at the heart of the Gold Coast.

Its residents enjoy a unique and enviable lifestyle that encompasses the best of Southport and its stunning surroundings.

Situated at the intersection of the Pacific Ocean and Broadwater, residents can savour a waterfront lifestyle without leaving the comfort of their home.&nbsp;

[smartcode_project:default project_id=134731 project_image_fid=213241]

Beyond the idyllic surroundings, La Isla offers exceptional convenience for its residents.

During the week, the Gold Coast light rail passes by, providing efficient transportation to various destinations. Stops at prestigious institutions such as Griffith University, Gold Coast University Hospital, Gold Coast Private Hospital, and numerous business centres ensure seamless access for education, healthcare, and work purposes.

Additionally, the proximity to premier educational institutions, ranging from early learning to tertiary studies, is a valuable asset for families residing in La Isla.

The strategic positioning of the complex also guarantees easy access to the motorway and Gold Coast Highway, connecting residents to Brisbane, Byron Bay, and all corners of the Gold Coast.

[smartcode_project:default project_id=134731 project_image_fid=213243]

Whether you're a young family, a professional, an adventurer, medical staff, or someone fuelled by saltwater activities, the one, two, and three-bedroom apartments cover all bases.&nbsp;

Living in La Isla means embracing the extensive walking and biking routes offered by Southport Broadwater Parklands, which lie just across the road, while residents will also never be far from the local theme parks, world-class shopping destinations and the marina.

[smartcode_project_cta:default project_id=134731]

The strategic positioning of La Isla allows residents to effortlessly indulge in the best that the area has to offer

A gateway to convenience, adventure, and natural beauty: How La Isla takes advantage of it's Southport location

The Sunshine Coast market has performed as well anywhere in the country over the last five years.

Following a nation-wide decline in property values when the RBA started hiking rates, the Sunshine Coast has bounced back strongly, posting two per cent gains over the last three months, after seeing the market contract over 13 per cent.

But the upswing in values was so large, Sunshine Coast housing values are over 35 per cent, or around $239,000, higher than they were prior to the onset of COVID in March 2020, data&nbsp;exclusively commissioned from CoreLogic found.

CoreLogic Research Director Tim Lawless says it's yet to be seen whether the recent upswing can be sustained in the face of higher interest rates.

"Offsetting the downside effects of high interest rates and low sentiment is a persistently low number of listings," Lawless said.

"At the end of May, advertised supply levels were tracking 26.9 per cent below the previous five year average and one per cent lower than a year ago."

Lawless says the outlook remains strong for the Sunshine Coast property market.

"With interstate and internal migration rates expected to support demand across the region, the outlook for housing demand remains strong against a backdrop of reasonably tight housing supply.

"While we could see the pace of growth in housing values reduce, or even go backwards, if interest rates hold higher for longer, the medium to long term outlook for the Sunshine Coast remains positive."

The continued strong performance of Maroochydore, the Sunshine Coast CBD which has seen unit values jump over 40 per cent since 2018, paired with the relative affordability compared to Sydney, has Sydney-based investors not only window shopping, but going in the store and buying. And they're doing so in large numbers.

Sydney investors have made up&nbsp;nearly 50 per cent of all purchases in The Corso, the new two-tower development from prominent local builder developer Habitat Development Group.

[smartcode_project:default project_id=100708 project_image_fid=197260]

The development is only the second tower in the evolving Maroochdyore CBD, which is one of just a handful of greenfield CBD's in the world. In Layman's terms, the Sunshine Coast City Council are building the CBD from scratch, and therefore are able to effectively create a city built with more modern technology than other cities across the world. Think automated waste tunnels underground rather than rubbish trucks.

The multi-billion dollar investment is turning what was once a retirement town into a thriving city with a self-sustaining economy. Health related services and construction are the two biggest employers in the burgeoning region, whose economy now mirrors that of Adelaide

There's the internationally-designated airport which has been a huge drawcard for investment, as well as overseas population growth, aided by the award-winning Sunshine Coast University, who are making waves all over the world for their green environmental work. The university recently ranked among the world’s top two per cent of universities according to the Times Higher Education Rankings.

[smartcode_project:default project_id=100708 project_image_fid=194875]

The next step for Maroochydore is the public transport links, with a light rail under proposal to connect the housing precincts with the key employment hubs like&nbsp;the university, hospital, and the new CBD.&nbsp;Last year's budget proposed a $3.2 billion plan to connect Maroochydore to Brisbane by train, a commute of just over an hour.

The proposition of an affordable entry point compared to Sydney, paired with a significant infrastructure pipeline, have been the major drivers for Sydney investors.

Habitat Development Group's Sales Director Michael Schenk however says the buyers so far aren't a typical investor.

"They're also looking for an asset that they can use,"&nbsp;Schenk says.

"Nearly all of the purchasers have looked at the apartments long-term, with a view that they could capitalise on strong rental prices over the next decade, before moving into the apartment and either making a sea change or retiring."

[smartcode_project:default project_id=100708 project_image_fid=198824]

The Sunshine Coast is no different to the rest of the country with how tight rental markets are, Schenk says however it's not a new trend locally.

"The tight rental market in the Sunshine Coast isn't following the pattern of the other capital cities across the country.

"Across our portfolio for the last six years or so, vacancy rates have been well below one per cent.

"Maybe the recent crisis has brought it down closer to 0 per cent than one per cent, but the demand for rentals in the Sunshine Coast has been apparent for a number of years."

[smartcode_project:default project_id=100708 project_image_fid=209866]

A local leasing agency expect the two-bedroom apartments in The Corso to secure a tenant between $720 to $790 a week, depending on which floor plan and level the apartment sits.

Prices for the two-bedroom apartments start from $849,900, which would give an investor a rental yield of between 4.4 per cent and 4.8 per cent.

The agency also noted that, given the development is to be completed within the next year, investors could realistically factor in rental growth expectations between five and 10 per cent per annum on current prices.

Habitat are currently building The Corso, and are up to level seven of the build which is expected to be completed by July 2024.

[smartcode_project_cta:default project_id=100708]

The development is only the second tower in the evolving Maroochdyore CBD, which is one of just a handful of greenfield CBD's in the world

Why Sydney investors are dominating in Maroochydore's The Corso development on the Sunshine Coast

It was 2015 when OSK Property announced it was to develop a $2.8 billion community on a prime two-hectare site in Melbourne's Southbank, the largest precinct ever proposed in the popular suburb south of the Yarra.

They're only two towers into the grand six-tower masterplan, and they've already lit a spark in property seekers looking for a combination of convenient amenity and lifestyle opportunities.

The project is already multi-award winning, having won the Best Mixed Use Development and the Best High Rise Architecture awards at the Asia Pacific Property Awards in 2020.

Locally Melbourne Square has been a finalist at the UDIA Awards for Excellence in 2021 and the Property Council Australia Awards in 2022.

OSK recently completed stage one of Melbourne Square, two towers already set in an established community with a 3,745 sqm park and double-storey Woolworths, the first in Melbourne, also completed as part of the first stage.

OSK has just launched their second stage, BLVD, another striking 73-level skyscraper with extensive resident amenity more commonly found in a hotel.

[smartcode_project:default project_id=107714 project_image_fid=211867]

BLVD, which is expected to complete in early 2027, will sit within an already established community. OSK started their work on the Hoff Boulevard site in 2017, and to show for it have the completed East and West Towers, the sprawling Kennedy Park, and extensive retail within the development.&nbsp;

The retail component was bought&nbsp;by PrimeWest for $70 million back in 2020, a major transaction before it was completed which highlighted the level of quality OSK was putting together. As well as the Woolworths, there's an adjoining BWS,&nbsp;Pacific Asian grocery store, the 10 Hoff Café, an 87-place childcare centre, and more still to come.

[smartcode_project:default project_id=107714 project_image_fid=211870]

Kennedy Park was created to act as a natural escape from busy city life. It features extensive established gardens and a waterfall, so residents can connect with nature.

BLVD sits at the heart of the masterplan, located on the fringe of Melbourne's famed Arts Precinct.

[smartcode_project:default project_id=107714 project_image_fid=211869]

The Arts Precinct pulsates with a rich cultural energy, where Melbourne's most progressive, acclaimed, and dynamic galleries, theatres, performances, and exhibitions take centre stage all year round.

As the Arts Precinct redevelopment evolves, BLVD residents will find themselves at the heart of a globally-recognised cultural centre.

[smartcode_project:default project_id=107714 project_image_fid=211874]

Southbank is one of the top locations for both investors and owner-occupiers who want all of the benefits of the Melbourne CBD without actually living in it.

It's a 15-minute walk to Flinders St station, or a 10-minute tram from the tram stop across the road on Sturt Street.

BLVD within Melbourne Square is poised to redefine urban living in Southbank. With its unparalleled location on the fringe of the Arts Precinct, immersive landscape design, and sustainable architecture, it presents a unique opportunity for residents to experience a tranquil urban sanctuary like no other. Melbourne Square is not just a place to live; it's a community that thrives on its rich cultural heritage and unrivalled amenities.

[smartcode_project:default project_id=107714 project_image_fid=211872]

As the precinct continues to take shape, it solidifies its status as the epitome of cosmopolitan living in the heart of Melbourne.

OSK have further shown their commitment to Southbank, last year securing a 7,800 sqm site fronting both City Road and Queensbridge Street.

OSK was founded in 1997 in Malaysia and have won a string of awards for their developments across the country.

[smartcode_project_cta:default project_id=107714]

OSK has just launched their second stage, BLVD, another striking 73-level skyscraper with extensive resident amenity more commonly found in a hotel

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