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.

Joel Robinson

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

For the first time in a long time, Australia's inflation story is starting to look more like a landing than a fight.

The latest Consumer Price Index figures from the Australian Bureau of Statistics showed annual inflation eased to four per cent in May, down from 4.2 per cent in April. On the surface, that might not seem like a major move. Inflation remains above the Reserve Bank's target range and some categories continue to record stubborn price growth.

But the significance of this result lies less in where inflation sits today and more in what it means for where interest rates are likely heading next.

The biggest takeaway is that inflation continues to move in the right direction.

Markets had been bracing for another sticky result after a period where progress appeared to stall. Instead, headline inflation came in softer than expected, helped by falling fuel prices and easing transport costs. Annual transport inflation halved from 6.6 per cent in April to 3.3 per cent in May, while automotive fuel prices fell 11.9 per cent during the month following lower oil prices and the impact of reduced fuel excise measures.

While petrol prices don't solve Australia's affordability challenges, they are one of the most visible and immediate costs for consumers. Falling fuel costs feed through the economy quickly, helping ease pressure on household budgets and business operating expenses.

The ABS data also showed headline inflation is now sitting at its lowest annual level in several months, reinforcing the broader trend that price growth is gradually moderating.

That trend is important because it aligns with what many economists and lenders have been saying for the last month.

Prior to this week's inflation data, ANZ, NAB and Commonwealth Bank had all shifted their forecasts, now believing the Reserve Bank had likely reached the peak of the interest rate cycle. Following the May inflation release, ANZ reaffirmed that view.

In its latest economic update, ANZ said it expects quarterly trimmed mean inflation to come in at 3.7 per cent for the June quarter, slightly below the Reserve Bank's forecast of 3.8 per cent. Importantly, the bank said that outcome, when combined with slowing economic activity, "supports our view that the cash rate has peaked".

The Reserve Bank has spent the better part of three years attempting to bring inflation under control through higher interest rates. If Australia's major banks are correct and rates have now peaked, the conversation shifts from how much higher rates could go to when they might begin coming down.

Westpac's caution comes from underlying inflation. The trimmed mean, the measure most closely watched by the Reserve Bank, increased from 3.4 per cent to 3.6 per cent annually. Housing inflation remains elevated at 6.5 per cent, reflecting ongoing increases in rents, electricity costs and new dwelling construction.

Electricity prices remain particularly problematic, rising 21.1 per cent over the past year following the removal of government rebates.

Housing construction costs are also showing signs of renewed pressure. ANZ noted new dwelling costs rose 0.9 per cent in May and are now running at an annualised pace of 8.6 per cent over the past three months. Builders continue to face higher labour, fuel and material costs, a reminder that inflationary pressures have not completely disappeared.

Housing affordability has deteriorated largely because of higher interest rates rather than higher property prices alone. Even modest reductions in mortgage rates would improve borrowing capacity, increase buyer confidence and reduce repayment pressure on existing homeowners.

While August is far from a certainty, the latest inflation result has strengthened the view that the next move in rates is more likely to be down than up. For borrowers, buyers and the development sector, that alone represents a significant shift from the conversation that dominated much of the past two years.

The inflation result the property market was waiting for

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?

With its central location, diverse community, abundance of amenities, and transport links, East Victoria Park has established itself as a vibrant and desirable suburb in Perth.

Now the sought-after suburb is set to welcome the latest addition to its apartment landscape, with Perth-based construction and development firm JCM set to complete construction on the project this month.&nbsp;

Set around a lush, open-air atrium, The Brixton will feature just 36 apartments across four levels, with the first buyers expected to move into the development in July.&nbsp;

[smartcode_project:default project_id=22021 project_image_fid=213569]

The development, just&nbsp;five kilometres from the Perth CBD, has been popular among buyers, with all the three-bedroom floorpans sold out and only a limited collection of one and two-bedroom apartments remaining.&nbsp;

The one-bedroom apartments have been designed to offer considerably more space than any other neighbouring project. They have 75 sqm of internal living area, and are priced from $520,000.

The two-bedroom apartments start from $690,000 and have 99 sqm of living area.

[smartcode_project:default project_id=22021 project_image_fid=213570]

The Brixton is tucked away behind shady trees on a quiet residential street.

Designed by MJA, The Brixton’s white and charcoal facade is complemented by vertical greenery, glass balustrades, perforated screens and warm red brickwork, while internally the apartments follow a clever design which incorporates well-appointed kitchens, open plan living areas, large master bedrooms and intelligent storage solutions.&nbsp;

The light-filled apartments also benefit from generously proportioned balconies or courtyards, which provide views to the verdant surrounds of the inner city locale.&nbsp;

[smartcode_project:default project_id=22021 project_image_fid=213566]

However you choose to travel, the Brixton makes getting around easy. It’s just minutes from convenient public transport, major road links and an extensive network of walkways and cycle paths, with more on the way.

There’s a plethora of local pubs and restaurants nearby, while a quick train trip is all it takes to get to Crown Entertainment Complex, Optus Stadium, NIB Stadium or Northbridge.&nbsp;

If you’re in the need for some retail therapy, it’s only a short drive to the major shopping precincts of Perth, with Belmont Forum and the recently upgraded Westfield Carousel nearby.&nbsp;

[smartcode_project_cta:default project_id=22021]

The development, just five kilometres from the Perth CBD, has been popular among buyers, with all the three-bedroom floorpans sold out and only a limited collection of one and two-bedroom apartments remaining. 

Limited opportunities remain at East Victoria Park apartments, The Brixton

AVJennings have made a name for themselves within the property space as community-developing&nbsp;experts.&nbsp;

They've been developing Waterline Place in Williamstown for a number of years, as well as masterplan communities in Clyde North, Wollert, and Mernda.

Now it's time for them to take on Melbourne's inner-ring, in the bustling suburb of Brunswick West.

Their new community,&nbsp;Harvest Square, will tap into the charm of the inner north suburb, with the unique community offering a blend of modern living with nature and convenience.

[smartcode_project:default project_id=139951 project_image_fid=212687]

Located just six kilometres from Melbourne's CBD, the vibrant neighbourhood boasts a diverse and friendly community that welcomes a range of occupiers, including families, young professionals, and retirees.

Harvest Square offers a range of housing options, including apartments and townhomes, linked by green pathways, gardens, and landscaped thoroughfares.

One of the key benefits of living in Harvest Square is the proximity to a plethora of amenities.

From authentic culinary delights, boutique shopping, and art galleries to everyday shopping needs, the neighbourhood has it all. Sydney Road is a popular destination for foodies, with the Brunswick Market offering an essential stop for Middle Eastern delicacies. Meanwhile, Barkly Square Shopping Centre has everything for daily needs, including Woolworths and ALDI supermarkets.

Harvest Square is also surrounded by green spaces, allowing residents to connect with nature while enjoying the benefits of inner-city living. Dunstan Reserve, situated adjacent to the community, is a favourite among families, with its children's playground, walking and cycling paths, and community garden. Cyclists will also appreciate the network of bike tracks nearby, including those in Moonee Ponds and Merri Creek.

[smartcode_project:default project_id=139951 project_image_fid=212924]

In terms of transportation, Harvest Square is well-connected to the rest of Melbourne.

Commuters can easily access the CBD via trams, buses, and trains. CityLink also acts as a connector throughout Melbourne and into regional Victoria, making it easier for residents to explore the state.

There's also a range of educational institutes within proximity, from childcare to tertiary education, including Brunswick North West Primary School which is a short walk away, while RMIT University Brunswick Campus is also nearby.

[smartcode_project_cta:default project_id=139951]

AVJennings take advantage of Brunswick West's charm for new residential community 

Coastal and convenient don't often go hand in hand.

But Level 33's latest apartment development, Atchison &amp; Kenny in Wollongong, offers both.

Strategically located on Ellen Street, the striking two-tower project is a stones throw from the Wollongong Train Station, while just a few hundred metres to the sand the other way.

Presenting a collection of one, two and three-bedroom apartments,&nbsp;Atchison &amp; Kenny has been designed for the end user, with spacious living areas featuring floor-to-ceiling glass doors which open to a balcony with views of the surrounding city.

&nbsp;

[smartcode_project:default project_id=135321 project_image_fid=206326]

The hybrid floorboards add a touch of elegance, while carefully selected Franke appliances feature within the kitchens.

With multiple aspect selections available, buyers can choose an apartment that suits their personal taste and lifestyle, with only a $10,000 deposit required currently to exchange.

For those who love to entertain or simply relax outdoors, the outdoor terrace offers a perfect retreat. Take in the views while enjoying a morning coffee or unwind with friends in the evening against the backdrop of Wollongong's vibrant skyline.&nbsp;

Location is key, and Atchison &amp; Kenny is ideally situated just minutes away from the train station. This means that commuting or exploring the city is a breeze, allowing you to make the most of your time.

[smartcode_project:default project_id=135321 project_image_fid=206330]

Whether you're a beach lover, a fan of local breweries, a shopping enthusiast, or an art aficionado, all of these experiences are within easy reach of your new address. Wollongong's diverse attractions and amenities await, ensuring that there is something for everyone to enjoy.

All the three-bedroom apartments have already been sold in the development, with prices for a one-bedder starting from&nbsp;$505,000, while two-bedders are priced from $655,000.

[smartcode_project_cta:default project_id=135321]

Strategically located on Ellen Street, the striking two-tower project is a stones throw from the Wollongong Train Station, while just a few hundred metres to the sand the other way

How Wollongong apartment development Atchison & Kenny offers the best of both worlds

De Burgh, along with its neighbouring buildings The Sullivan and Embark, is part of Northbourne Avenue's transformation into a vibrant boulevard in Canberra.

Part of JWLand’s focus for De Burgh was creating a sustainable and environmentally-friendly collection of residences at Northbourne Village.

De Burgh's focus on light and air is evident in the apartment layouts that prioritise natural sunlight.

[smartcode_project:default project_id=139989 project_image_fid=212911]

The building comprises two structures, separated by a landscaped throughway that encourages pedestrian movement and maximises natural light to all apartments.

Passive solar design principles have been employed to optimise heat storage in winter and reduce heat transfer in summer, thereby reducing energy use. High efficiency reverse-cycle air conditioning, double-glazed windows, and appliances with high energy-star ratings are further initiatives to help keep energy bills under control.

Technology was another focus in the design of De Burgh. An App-controlled lighting and air conditioning system installed as standard allows residents to control their homes from their phones.

[smartcode_project:default project_id=139989 project_image_fid=212887]

This feature allows residents to turn everything on and off remotely, making their homes brighter and more comfortable upon their arrival. The Smart Lock™ system (an optional upgrade) also lets residents unlock their doors with their phones, giving them control over who has digital keys to their homes and when they can use them.

The apartments also feature Fisher &amp; Paykel appliances, including an induction cooktop, wall oven, multi-function dishwasher, and ducted range hood.

Honouring the heritage of the suburb with its name, De Burgh features a nine-storey frontage to Northbourne Avenue before stepping down to six-storeys on its namesake street, with the building’s landscaped public spaces enhancing its contemporary built form.&nbsp;

[smartcode_project:default project_id=139989 project_image_fid=212906]

The development features a mix of floorplans, including studio, one-bedroom, two-bedroom and three-bedroom apartments. There’s also a collection of two and three-bedroom, dual-level loft-style apartments.

Construction is due to commence in July this year, with completion slated for mid 2025.&nbsp;

[smartcode_project_cta:default project_id=139989]

Passive solar design principles have been employed to optimise heat storage in winter and reduce heat transfer in summer, thereby reducing energy use

Sustainability a focus at Northbourne Village's De Burgh apartments in Canberra

Local developer Central Element's newest project, Ethos, will bring the Lower North Shore suburb it's most high-end apartment tower to date.

Gold star ICIRT rated builder Growthbuilt have already kicked off construction on the project that borders Ellis Street and the Pacific Highway, which offers future residents views either back to the city or out as far as the Blue Mountains.

With an array of one, two, three, and four-bedroom options, Ethos offers a living space that combines opulence and sophistication with the convenience and vibrancy of Chatswood CBD.

[smartcode_project:default project_id=93751 project_image_fid=213495]

The architectural and interior designs for Ethos have been crafted by the acclaimed SJB, a name synonymous with innovative and contemporary designs.

Their vision for Ethos is a testament to their commitment to excellence and will surely captivate even the most discerning buyers.

&nbsp;

[smartcode_project:default project_id=93751 project_image_fid=213496]

Residents of Ethos will have exclusive access to a range of premium amenities, such as a wellness studio and a sky lounge, ensuring a lifestyle of comfort and sophistication.

Shopping destinations like Westfield and Chatswood Chase are just a stone's throw away, providing an unparalleled retail experience.

Ethos comprises just 49 apartments, which are slated for completion mid-2025.

[smartcode_project_cta:default project_id=93751]

The architectural and interior designs for Ethos have been crafted by the acclaimed SJB, a name synonymous with innovative and contemporary designs

Unrivalled from what's been before: What Central Element's Ethos is bringing to Chatswood

Hutchinson Builders are well underway with construction on&nbsp;Hirsch &amp; Faigen's Mermaid Beach development, Yves.&nbsp;

The group is anticipating a mid-2024 completion date, with buyers within the project eagerly awaiting their move in date.&nbsp;

Situated on Mermaid Avenue, Yves enjoys a prime location between the lively Broadbeach and the trendy Miami neighbourhoods, directly opposite Pacific Fair Shopping Centre.

[smartcode_project:default project_id=102451 project_image_fid=186075]

The sought-after address provides residents with easy access to the vibrant local scene and a relaxed coastal lifestyle.

Mermaid Esplanade, known for its tranquility and favoured by locals, is just a leisurely stroll away, offering a serene beach experience for residents to enjoy at their leisure.

Yves also offers convenient light rail access, making transportation a breeze for its future residents.&nbsp;

The building itself boasts an array of amenities designed to enhance residents' lifestyles.

Fitness enthusiasts will have access to a state-of-the-art gym, while those seeking relaxation can unwind in the sauna. There's also a barbecue and garden lounge, in addition to the rooftop lounge, providing the perfect place to take in ocean vistas.&nbsp;

[smartcode_project:default project_id=102451 project_image_fid=194832]

Comprising 26 levels and housing a total of 146 apartments, the design of Yves is the work of renowned architecture studio Rothelowman, which in collaboration with Hutchies has ensured that the building's design will be both visually striking and in harmony with its natural surroundings.

The fluid scalloped lines of the building mimic the ebb and flow of the ocean, while the integration of subtropical greenery adds a touch of serenity to the development's overall aesthetic.

Two, three and four-bedroom apartments can still be purchased in Yves, with prices starting from $1 million.&nbsp;

[smartcode_project_cta:default project_id=102451]

The sought-after address provides residents with easy access to the vibrant local scene and a relaxed coastal lifestyle

Yves Mermaid Beach to welcome buyers next year

Melbourne's inner north is undergoing a rapid evolution, and one residential development that's contributing to that growth is Kincaid's Cultivate.

Construction on the project began back in November 2021, with the completion of the project drawing near. It's expected to wrap up in October this year, with the first crop of buyers eagerly awaiting their move in date.&nbsp;

The project offers a range of one, two and three-bedroom residences that boast spacious floor plans, full-size kitchens, and premium finishes.

[smartcode_project:default project_id=628 project_image_fid=180702]

Kincaid, a builder developer, has taken great care to ensure that the residences are reasonably priced, making them an attractive option for first home buyers looking to enter the property market. Cultivate also offers stamp duty savings for first home buyers, making the prospect of owning a home even more accessible.

The living spaces are designed to be spacious, with the added bonus of balconies that provide stunning views of natural parklands, the cityscape, and riverways.

The spacious floor plans at Cultivate provide ample room for residents to create their ideal living spaces. Whether it's a home office or an entertainment area, the residences can accommodate a variety of needs.&nbsp;

[smartcode_project:default project_id=628 project_image_fid=180701]

Situated in one of Melbourne's last affordable pockets, just 12 kilometres from the CBD, Cultivate benefits from its proximity to various healthcare facilities such as Austin Hospital, The Mercy, and La Trobe Private Hospital. Additionally, the development is conveniently located near RMIT and La Trobe University, making it an ideal choice for students and staff.

One, two and three-bedroom floorplans are still remaining in the development, with prices starting from just&nbsp;$402,000 for a one-bedder. A one-bedroom apartment with a car space is priced from&nbsp;$404,000, while the two-bedders start from&nbsp;$524,000, and the three-bedders from&nbsp;$797,200.

[smartcode_project_cta:default project_id=628]

Construction on the project began back in November 2021, with the completion of the project drawing near

Kincaid approach construction completion at Cultivate, Heidelberg West apartment development

Prominent luxury home builder and apartment developer Kassis Homes is offering a rare 10-year structural defect guarantee at its under construction Castle Hill apartment development, Grand Reve.

The insurance coverage ensures that any structural defects discovered within the first ten years of ownership will be addressed and remedied by the developer at no additional cost to the homeowner.

The 4.5 star iCIRT rated builders Dasco are well underway with construction of the twin-tower project, which is set to be completed in early to mid-2024.

[smartcode_project:default project_id=94147 project_image_fid=197727]

In order to make purchasing an apartment in Grand Reve even more accessible, the developer is now accepting Coposit. With just a $10,000 deposit, potential buyers can secure their dream apartment in the development, making it an attractive opportunity for those looking to enter the property market or invest in the Hills District.

With 37 apartment configurations available, Grand Reve offers a variety of options to suit different lifestyles and preferences, with studio, one, two, or three-bedroom apartment, and even split-level townhouse-style units on offer.&nbsp;

Designed by Turner Studio, every space in the Grand Reve apartments has been designed with elegance and functionality in mind, with the kitchens featuring stone benches and curved joinery, as well as Wolf appliances and the option to upgrade to Sub-Zero appliances, while the&nbsp;bathrooms incorporate stone benches, brass fixtures, and ample storage space.&nbsp;

[smartcode_project:default project_id=94147 project_image_fid=203074]

Beyond the individual apartments, Grand Reve offers an array of communal amenities. The 2,300 sqm of landscaped gardens provide a peaceful retreat for residents, while there's also a dedicated concierge service.

As Castle Hill experiences significant population growth and benefits from the proximity to the North West Metro, it is rapidly emerging as a sought-after suburb. Offering genuine value compared to more established apartment markets like Chatswood, St Leonards, and Macquarie Park, Grand Reve is attracting a diverse range of buyers, including first home buyers, investors, downsizers, and upsizers.

Situated just 350 metres from the Metro and 200 metres from Castle Towers, residents will have convenient access to transportation and a vibrant shopping centre.

The development is being touted as one of the most prestigious offerings in the Hills District.

[smartcode_project_cta:default project_id=94147]

The 4.5 star iCIRT rated builders Dasco are well underway with construction of the twin-tower project, which is set to be completed in early to mid-2024

Buy with confidence: Kassis Homes offers 10 year structural defect insurance at Grand Reve

Architecture firm Bayley Ward pushed the envelope when designing Willow, the newest addition to the luxury Brighton apartment market.

The striking curved facade creates a street presence on the tree-lined Well Street. Still, it remains quietly shielded by the generous setback from the street and extensive landscaping providing greenery throughout the building's front facade.&nbsp;

From the outset, Bayley Ward focused on delivering elegance through arches defining each residence's façade and many interior spaces.

[smartcode_project:default project_id=27554 project_image_fid=214529]

Internally, the residences are light-filled in abundance, with three-metre, floor-to-ceiling windows providing generous natural light and ventilation into each space.

"We wanted each owner to experience a home that’s truly a step above," says Romy Jackson, Development Director at Samuel Property.

"Every residence is tailored to sit comfortably within the tranquillity of the leafy streetscape, whilst optimising the quality of views, light, acoustics and air quality.&nbsp;

“Willow has been designed and built for longevity. We consider the final outcome to be a timeless contribution to the character of the neighbourhood."

[smartcode_project:default project_id=27554 project_image_fid=214545]

The award-winning team at ACRE, who delivered the extensive greenery in the project, says it's a landscape designer's role to help complement the architect and improve the overall outcome for the project and its residents by creating a connection to the living world. At Willow, this was certainly achieved.&nbsp;

The project team's focus on biophilic design creates a sanctuary to be lived in - a home that feels welcoming and also embraces each of Melbourne's seasons. The goal was also to enhance the streetscape of Well Street, Brighton, which is already a prime location.

Beyond the incredible design and layout of each two, three, and four-bedroom home, Willow also exceeded expectations by delivering luxury finishes that make each residence special.

Willow is also in the best part of Brighton. Just a few hundred metres from the convenience of retail and hospitality on Church Street - the perfect reason downsizers chose this Bayside address.&nbsp;

[smartcode_project:default project_id=27554 project_image_fid=214575]

Darren Blair of Blair Property Group, who is selling the residences at Willow, says interest has been the strongest from those already living in the Bayside area and looking to downsize.

"We've had significant interest from those in Brighton who have been wanting to downsize for a while but haven't found anything suitable; this project ticks so many boxes for that forever home," Blair says.

Blair says several buyers from suburbs like Sandringham, Hampton, and Toorak are a testament to how good this location is - its proximity to Church Street makes the perfect daily stroll for a coffee or glass of wine.

"The striking building is unique because it has an extensive street frontage that commands a presence on esteemed Well Street. &nbsp;

"The way Willow was conceptualized, it acts as a quiet retreat. However, location-wise, it has everything a downsizer would need, from the Church Street shops to the train station within walking distance".

Each residence features the highest level of design, finish, and appliances, with Liebherr and Vzug featuring in the kitchens.&nbsp;

[smartcode_project:default project_id=27554 project_image_fid=214562]

Willow residents also have access to a communal wine space, a large temperature-controlled wine room with allocated storage for each residence. One of the penthouses in Willow sold for an undisclosed price in August 2022, at the time setting a Brighton record.

Three-bedroom residences starting from $1,665,000.&nbsp;

[smartcode_project_cta:default project_id=27554]

From the outset, Bayley Ward focused on delivering elegance through arches defining each residence's façade and many interior spaces

The curved new entry to Brighton: Samuel Property complete Willow apartments

A rare opportunity has opened up at Cloverton, the largest masterplanned community currently being developed across the whole of Victoria.

Builder developer Kincaid, who cover everything from developing apartments towers in Melbourne to building houses within new neighbourhoods, are creating just six contemporary townhouses in Stockland's $4.6 billion masterplanned community in Kalkallo, near&nbsp;Donnybrook, 30 kilometres north of Melbourne.

The four-bedroom townhouses offer a fully turnkey solution, and flexible living arrangements to suit guest accomodation and the now essential work from home space.

Kincaid's General Manager of Sales, Jason De Felice, says their experience developing in Ivanhoe, Preston and Kew has influenced their design of the striking townhouses.

"We're trying to bring that level of design to Cloverton and create a point of difference in the community," De Felice says.

"Like every development we do, but particularly in the townhouse space, we always try and step into the mind of the end user. We try and visualize ourselves living in it."

[smartcode_project:default project_id=140239 project_image_fid=213612]

Kincaid's attention to detail has seen them push the envelope past what's expected in a new townhouse.

"We're giving our residents porcelain tiles over ceramic, 40mm stone in the kitchen compared to the standard 20mm, rainwater showers and high-end tapware.

"They might not seem like major points of difference, but it shows we go to the nth degree for our buyers."

The fact that the property is fully turnkey is something Kincaid pride themselves on. Some developers leave out cooling systems and landscaping, but Kincaid cover everything so they buyer can pick up the keys and live in the home immediately. There's even covering the Community Structure Levy Fee for buyers.

About 3,000 residents already call Cloverton home, with the first phases of infrastructure already complete in the 1,141 hectare development which began back in 2015. That number will grow to over 30,000 in the next three decades.

[smartcode_project:default project_id=140239 project_image_fid=213614]

Cloverton is remaining true to nature, with 80 hectares of conservation area to be untouched. That's around the size of 11 MCG's.

There's been a significant number of owner-occupiers, from first home buyers and young families to retirees already purchase in Cloverton, however more recently investors are looking at the opportunity due to the area's significant infrastructure pipeline.

There's already the Donnybrook Train Station, which connects Cloverton residents to the Melbourne CBD in 36 minutes, while another train station, and a new village bus network, are also in the works. There's eight proposed schools, a mix of private and government operated, plus tertiary and childcare options.

There is planned for a major shopping centre which will be walking distance from the townhouses.

The townhomes also have an estimated rental of $400 to $420 a week, which would represent a yield of over four per cent. Prices range between $499,000 and $579,000 for the house and land package, with land sizes starting from 174 sqm.

From signing the contract with Kincaid, the build should take around 12 months from when the concrete is first poured.

[smartcode_project_cta:default project_id=140239]

Kincaid's attention to detail has seen them push the envelope past what's expected in a new townhouse.

Latest Property News

Lendlease selected to deliver transformative South Brisbane riverfront precinct

Guides

Editor's Picks

Guides

Developments

New apartments

New townhouses

News

Latest Property News

Lendlease selected to deliver transformative South Brisbane riverfront precinct

Guides

Editor's Picks

Receive the latest news stories to your inbox

Guides

Developments

New apartments

New townhouses

News