National diversified developer <a href="https://www.apartments.com.au/developers/goldfields-group">Goldfields</a> has launched its latest Brisbane apartment project, <a href="https://www.apartments.com.au/new-apartments/quartet-milton-33-manning-street-milton-qld-4064">Quartet Milton</a>, marking its entry into the sought-after inner-city suburb just two kilometres from the CBD.

The circa $100 million development will rise 18 storeys and deliver 131 apartments, offering a mix of one, two-, and three-bedroom residences.

Ideally located on Manning Street, Quartet residents will be within 300 metres of Milton Station, 500 metres from the Milton Ferry Wharf, and a short walk to Milton Markets, the iconic Park Road, as well as a range of breweries and cafés.

&nbsp;

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Designed by architecture firm <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> and brought to life by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, the building features a simple, gridded façade paired with generous glazing to enhance views, maximise aspect, and capture both sunrises and sunsets from within the apartments and their generously sized balconies.

Residents will have access to a 1,000 sqm rooftop, curated to balance wellness and entertaining, in response to increasing demand for wellness-focused shared spaces.

"We've approached Quartet Milton as a complete lifestyle offering, not just apartments, but a place where the design, amenities, and location all work together in a meaningful way," says Goldfields Managing Director Lachlan Thompson.

"Buyers are looking for that sense of confidence, knowing the vision has been carefully thought through not just by us as developers, but by all our consultants appointed to bring this together, and that it will be delivered to the standard they expect."

&nbsp;

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Cera Stribley Co-Founder and Managing Principal Domenic Cerantonio said the rooftop is designed to feel like a place "you'd genuinely use every day."

"A 25-metre pool framed by city and mountain views, wellness areas, and private dining spaces for evenings with friends create a setting designed for year-round comfort and effortless Brisbane living."

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In addition to the 25-metre pool, the rooftop will include a sauna, cold plunge, fully equipped gym, and zen gardens, all complemented by panoramic views of the city and river.

While the building is expected to appeal predominantly to owner-occupiers, Goldfields anticipates interest from investors seeking strong rental returns, driven by the project's design, location, and the city's projected capital growth in the lead-up to the 2032 Brisbane Olympics.

&nbsp;

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<a href="https://www.apartments.com.au/developments/milton-qld-4064">Milton</a>, widely regarded as one of Brisbane's most desirable inner-ring suburbs due to its lifestyle offering and proximity to the CBD, has experienced a shortage of new apartment supply in recent years.

Goldfields is already active in the Brisbane residential market through its Ripley Valley masterplanned community, Hayfield. The 109-hectare neighbourhood is already home to more than 300 families and features a large community park.

Plans for the precinct include a 4 km running track, future schools, and retail and commercial amenities, all within a 35-minute drive of the Brisbane CBD.

Goldfields also plans to deliver a new mixed-use tower at 88 Robertson Street in Fortitude Valley, within the James Street precinct. The project will include 16,000 sqm of boutique commercial space, two levels of wellness facilities, and a rooftop restaurant and event space, akin to Goldfields House in South Yarra, its flagship mixed-use development on Chapel Street, which is crowned by the Beverly Rooftop bar—one of Melbourne’s best-known venues.

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Joel Robinson

Goldfields sets the stage as Quartet Milton launches

<a href="https://www.apartments.com.au/developers/stockland">Stockland</a> and Homes NSW have taken the next major step in the transformation of Waterloo Estate, lodging a Concept State Significant Development Application and concurrent rezoning proposal for the renewal of Waterloo South.

The proposal, now on public exhibition, outlines plans for around 3,300 new homes across the 12.3-hectare precinct. A minimum 30 per cent of residential gross floor area will be delivered as social housing, approximately 20 per cent as affordable housing, and a maximum 50 per cent as market housing. The redevelopment would more than quadruple the number of homes currently on the site and more than double the existing supply of social and affordable housing.

The renewal of Waterloo South forms the first stage of the broader Waterloo Estate transformation and is set to unfold over the next 10 to 15 years. The estate currently contains 750 social housing dwellings and 120 private homes.

<img alt="First look: Stockland and Homes NSW unveil plans for 3,300-home Waterloo South renewal" data-entity-type="file" data-entity-uuid="ba2da34b-171b-4ff1-b0c7-4baf0bce97f2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Waterloo%20public.png?VersionId=S5apPKOqjPHJhk_SzCvdVPxsEBYs300o" />

The proposal, prepared by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a> and Beam Planning, spans 10 street blocks bounded by Cope, Raglan, George, Wellington, Gibson, Kellick, Pitt and McEvoy Streets, directly adjoining the Waterloo Metro Station precinct and within walking distance of Redfern and Green Square stations.

Under the masterplan, building heights would range from two to 33 storeys, delivering approximately 282,485 sqm of residential floor space alongside at least 10,000 sqm of non-residential uses and a minimum 5,000 sqm of community space. The planning framework has been specifically structured to support the mixed-tenure outcome, with the residential gross floor area capped at a maximum 50 per cent market housing allocation.&nbsp;

The Urban Design Report describes the vision as creating “a unique and vibrant mixed-tenure housing precinct that supports the needs of the community and delivers much needed housing in response to National and State Government priorities.”&nbsp;

<img alt="First look: Stockland and Homes NSW unveil plans for 3,300-home Waterloo South renewal" data-entity-type="file" data-entity-uuid="6e1a6d8b-0626-4fa7-94fc-aa91c0af86dc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/waterloo%20per.png?VersionId=duyiJTFOeezTNdM22leI3SoHuqnW6ZaY" />

A major focus of the revised proposal has been increasing the social and affordable housing component. The Minns Government increased the affordable and public housing allocation from 35 per cent to 50 per cent after coming to office in 2023.

Minister for Housing and Homelessness Rose Jackson said the changes were critical to maintaining Waterloo’s social diversity.

“When we came to government, we immediately reviewed the plans for the Waterloo renewal and boosted the number of public and affordable homes from 35 to 50 per cent,” Jackson said.

“This was a crucial step to ensure Waterloo remains a welcoming place for people from all walks of life to call home now and into the future.”&nbsp;

Minister for Planning and Public Spaces Paul Scully said the project would reshape the precinct for generations.

“This concept DA brings thousands of new public, affordable and market homes on the doorstep of the Waterloo Metro station another step closer to reality,” Scully said.

“Importantly, alongside the new homes the plan also proposes new open space where residents and the broader community can gather, relax and play.”&nbsp;

<img alt="First look: Stockland and Homes NSW unveil plans for 3,300-home Waterloo South renewal" data-entity-type="file" data-entity-uuid="867520cb-6e07-4204-885e-53793ac88066" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Waterloo%20public%20a.png?VersionId=lgSI85Q23xBLYLC9NcWKuWZY2HfP4zQ3" />

Stockland Managing Director and CEO Tarun Gupta said the project had been shaped around long-term liveability and community infrastructure.

“As delivery partner, Stockland is proud to be working with the NSW Government on the renewal of Waterloo South – a significant project with community at its heart,” Gupta said.&nbsp;

The planning documents place strong emphasis on “Designing with Country,” recognising the site’s location on Gadigal land. The masterplan incorporates new east-west pedestrian links, activated streetscapes, rooftop communal spaces, retail frontages, and landscaped public areas intended to improve permeability and community connection throughout the estate.&nbsp;

The proposal also seeks to establish a more flexible planning framework for future detailed SSDAs, including updated provisions for educational uses, creative industries, rooftop communal areas, and active frontages. A minimum seven per cent of residential floor space will be delivered as affordable housing managed in perpetuity by community housing provider City West Housing.&nbsp;

The Social Impact Assessment prepared by Urbis describes the renewal as one of Australia’s most significant public housing transformations, identifying substantial long-term positive impacts associated with housing supply, accessibility, public domain improvements, and community infrastructure.&nbsp;

Stockland and Homes NSW have already commenced the first stage of resident relocations, with some tenants moved into newly completed homes at Waterloo Metro Quarter and the Boronia development nearby.

First look: Stockland, NSW Gov, unveils plans for 3,300-home Waterloo South renewal

<a href="https://www.apartments.com.au/new-apartments/smith-by-valli-collingwood-224-228-smith-street-collingwood-vic-3066">Smith Collingwood</a> is a new boutique apartment development bringing a refined, design-led approach to one of Melbourne’s most established inner-city neighbourhoods.

Designed by <a href="https://www.apartments.com.au/architects/pandolfini-architects">Pandolfini Architects</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/lisa-buxton-interiors">Lisa Buxton</a>, Smith by Valli sits on iconic Smith Street and comprises just 22 residences tailored toward owner-occupiers seeking a more considered style of apartment living.

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The design of Smith focuses on a north-facing orientation across all residences, a relatively uncommon feature in dense inner-Melbourne settings. Each apartment has been planned to maximise natural light and outlook, alongside a material palette defined by warm tones, custom joinery, and a full suite of Gaggenau appliances.

The development comprises a mix of one, two, and three-bedroom apartments, with pricing currently ranging from just under $1 million to around $4.85 million for the premium penthouse-level residences, reflecting growing demand for luxury owner-occupier product in Melbourne’s inner urban market.

Residents will also have access to a private rooftop garden designed as an elevated retreat above the city, &nbsp;featuring curated landscaping, veggie boxes, intimate seating areas and spaces for relaxed gatherings. Sustainability has also been integrated into the project through a 7-star energy rating and two secure bicycle facilities for every residence.

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Smith by Valli sits in the heart of one of Melbourne’s most established retail and hospitality strips, within walking distance of venues such as Falco Bakery, Carnation Canteen and Alimentari, alongside parks and everyday services. With a Walk Score of 99, the location reinforces the project’s positioning toward buyers prioritising walkability and access over car dependency.

With only a limited number of residences, Smith reflects growing demand for smaller, highly curated apartment developments that prioritise design quality, liveability, and connection to neighbourhood character.

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Smith by Valli delivers design-led apartments to Melbourne’s inner north

<a href="https://www.urban.com.au/developers/far-east-consortium">Far East Consortium</a>’s 640 Bourke Street stands as a testament to&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic-3000">Melbourne</a>’s ability to bridge its storied past with a bold vision for the future.&nbsp;

Rising above the heritage-listed Eliza Tinsley building, the development reflects a broader shift toward adaptive reuse in the city, where historical assets are retained and reinterpreted as part of new residential development.

Designed by <a href="https://www.urban.com.au/architects/rothelowman">Rothelowman</a>, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> incorporates the Eliza Tinsley building as its foundation, housing a grand gallery and lobby space that serve as both a functional and symbolic centrepiece. The heritage façade informs the tower’s design, creating a connection between Melbourne’s past and its contemporary skyline.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

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Above this historic base, the 68-storey tower will deliver just over 600 residences, a notable reduction from earlier schemes, reflecting a deliberate move toward larger-format apartments and a stronger owner-occupier focus.

Unlike traditional CBD developments that prioritised investor stock, 640 Bourke Street has been repositioned to respond to changing buyer expectations.

"The discussion was all around making 640 Bourke Street the best residence to live in, to be much more focused on the people in the building rather than people looking at the building," Marsland explained.&nbsp;

This shift is evident in the development’s interiors, which emphasise practical luxury with spacious layouts, high ceilings, and floor-to-ceiling windows framing sweeping views of Melbourne and Port Phillip Bay.&nbsp;

“What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Lauren Sheldon, Far East Consortium’s Director of Sales and Marketing, said.&nbsp;

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Rothelowman Associate Jun Chang added, "We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."&nbsp;

Amenities spanning more than 3,000 sqm across multiple levels further reinforce this focus on resident experience. These include a pool, gym, co-working areas, and a range of hospitality-inspired spaces such as a whisky lounge, library, and private dining rooms, many drawing reference from traditional bathhouses and Melbourne’s laneway culture.

"We wanted to make both the pool and the gym area to be absolutely destinational, and when you traverse across to these spaces, there is a gentle familiarity to the beautiful notions of the hammams and the Roman baths, a gentle nod to history," Chang noted.

At street level, the project contributes to the ongoing transformation of the western CBD, with upgrades to Langs Lane and the introduction of retail, hospitality, and gallery spaces designed to activate the precinct and strengthen its connection to the surrounding city fabric.

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The location places residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market, and the Docklands waterfront, positioning the development within a rapidly evolving inner-city neighbourhood.

"We believe it's the best site left in the city of Melbourne," Craig Williams, Executive Director at Far East Consortium, said.&nbsp;

640 Bourke Street is Far East Consortium’s 14th building in Melbourne’s western CBD.

"A very elegant designed building. It's going to be a Melbourne statement for many, many years to come."

One-bedroom apartments are priced from around $640,000, with 640 Bourke Street targeting completion in 2029.

Renders shown are Artist's Impressions correct as of May 2026.

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Heritage-led design anchors Far East Consortium’s 640 Bourke St, Melbourne

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

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The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

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Each residence has been configured with four bedrooms, multiple living zones, a private office, and expansive ocean-facing terraces. Interiors draw on a restrained material palette, including travertine stone, timber joinery, and integrated premium appliances.

Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.

“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”

Residents will have access to a suite of wellness-focused amenities, including pools, sauna facilities, and dedicated relaxation spaces, reflecting a broader shift toward lifestyle-driven apartment design on the Gold Coast.

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The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

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MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

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.

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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?

Everything is pointing to a prolonged growth cycle in the Melbourne property market.

From immigration forecasts to supply issues, with a sprinkle of increase buyer demand now the RBA has signalled the official cash rate is close to its peak, the belief is that Melbourne property is ready to boom.

First and foremost, the markets look to have bottomed. CoreLogic's Home Value Index showed another month of stable values, a modest 0.1 per cent gain in unit values and 0.2 per cent in house values as markets recover from a near year long downturn.

And as quickly as the markets showed signs of recovery, buyers have been back in force. Melbourne was the busiest auction market this week, with a preliminary clearance rate of 78 per cent, the highest clearance rate the Victoria capital has seen since October 2021.

“There’s countless reasons to be confident about the short, medium, and long term prospects of the apartment market in Australia, particularly in Melbourne," Apartments.com.au Chief Executive Mike Bird says.

"The immigration numbers forecasted will put huge pressure on the government to act, as there’s simply not enough housing, both currently and in the pipeline, to keep up with population growth. We've got a range of government incentives for buyers, but developers need to be incentivised to build.

Melbourne recently overtook Sydney as Australia’s most populous city, the first time since 1905 Melbourne topped the charts. Melbourne had been outpacing Sydney for the last decade, primarily down to international migration. The 2021 Census suggests there are 4.875 million who call Melbourne home, a number which will reach around eight million by 2051.

Projects by Buxton Director Heath Thompson says he doesn't believe we're having to look into a crystal ball anymore when predicting the next phase of the Melbourne property market.

"It takes about 4-5 years to realise a project, and that's if people are transacting on sites now, which we know they're not," Thompson says, suggesting we're around 5-6 years away from supply even remotely keeping up with demand.

[smartcode_project:default project_id=112375 project_image_fid=204404]

"Cost of construction isn't coming down, development approvals are down, building starts are down, and there's no sign of that changing anytime soon. Any project being built now is gold really, because the next one has to be more expensive than the last, or it won't be built."

Sunkin's Head of Sales and Marketing, Scott Jessop, says in this current environment of low supply, it doesn't seem to matter where the projects are located, there's a strong response everywhere.

"There’s always key locations and blue chip suburbs, but currently there’s not an area of the market that isn’t seeing demand, which is evident in auction clearance rates consistently sitting over 70 per cent," Jessop says.

[smartcode_project:default project_id=108019 project_image_fid=212514]

While rate hikes are all but over, Jessop says there are still some buyers who have issue with finances, many who have seen their budgets cut by 10 to 20 per cent in the last 12 months. He does however suggest more prospective buyers, who were maybe keen on sitting on their hands in the short term, have moved into "decision mode" following the pause from the RBA.

Sunkin have had a great response to their soon-to-be launched Highett masterplan, Highett Commons, with over 300 enquiries just through the project website. They'll be launching the sustainability-focussed project mid-May.&nbsp;

[smartcode_project:default project_id=108019 project_image_fid=212557]

Highett Commons will assist in Melbourne's chronic supply issues.

Charter Keck Kramer found that around 13,500 apartments need to be built each year in Melbourne to support the population growth. There were just 6,300 apartments completed in 2022 in Metro Melbourne, across 94 projects.

Marshall White Director Leonard Teplin says the population surge has created a supply and demand imbalance.&nbsp;

[smartcode_project:default project_id=8945 project_image_fid=178925]

"The immigration and housing crisis in Australia is worsening, particularly in Melbourne," Teplin says.

"The government has pledged to build 10,000 homes a year, but with millions of visa applications pouring in, more effective action is necessary.

Teplin believes that, while short-term fluctuations may occur, Melbourne's population growth and limited housing supply are expected to sustain demand for new construction and off the plan properties.

"The current market conditions present investment opportunities in Melbourne's property market.”

RPM Projects Director Nic Cuni says townhouses, or boutique apartment projects, have been in favour in 2023. Cuni says he's seen a large difference however in what has always been deemed as "inner-city".

"Typically inner-city has been between 2-10 kilometres from the city, but we’ve been finding recently, due to the affordability issues in Australia, that is now extended a little bit further out."

Cuni has found success in RPM Group's first project their newly formed project marketing division has launched, DM Property's Early 3191.

[smartcode_project:default project_id=138081 project_image_fid=209564]

The 35 Rothelowman-designed townhouses are exactly what buyers want in Bayside, Cuni says.

"Buyers want the postcode without the price tag. They want to get into the suburb they love, that they can get their favourite coffee, food etc, but pay less than the average house price."

An uptick in enquiry and buyer presentations has been seen by Next Chapter Projects Director Tom Hirini, which is translating into a moderate increase in sales. Hirini however says there's still a small element of buyer hesitancy given how well researched buyers are nowadays.

"Buyers are still very alert to the challenges the construction industry is facing with increasing material costs and labour shortages," Hirini says.

[smartcode_project:default project_id=112765 project_image_fid=200556]

"Confidence behind the developer and builder has never been more important to purchasers.

"I can see the sentiment towards off-plan purchases improving significantly once the headwinds the construction industry is facing abate."

From immigration forecasts to supply issues, with a sprinkle of increase buyer demand now the RBA has signalled the official cash rate is close to its peak, the belief is that Melbourne property is ready to boom.

City Beat May 2023: Prolonged growth cycle for Melbourne's off the plan apartment market?

When it comes to urban living with a relaxed attitude, Chevron Island’s village is the place to be.&nbsp;

Uniquely located between the suburbs of Surfers Paradise and Bundall but separated by the waters of the Nerang River, Chevron’s charm comes through its connection to the surrounding suburbs whilst still seeming worlds away.

And now, a new luxury tower is set to take centre stage in the sought after suburb with Aniko's Orama.

[smartcode_project:default project_id=111898 project_image_fid=209595]

Orama, which means "vision" in Ancient Greek, is a 21-storey tower that will offer 102 luxury residences. The development's unparalleled location next to the water and just a few steps away from the heart of the Gold Coast – Surfers Paradise – gives residents not only unparalelled views but also a remarkable amount of privacy.

Despite its proximity to Surfers Paradise, Chevron Island is a quiet residential suburb that's perfect for people who want to live near the beach without the noise and crowds of a busy tourist destination.

And with the newly developed Green Bridge linking residents to Surfers Paradise, Chevron Island is also a key extension of the Arts and Culture Precinct, headquartered at the famed Home of The Art (HOTA).

Orama residents will be able to enjoy a host of fine dining restaurants, eateries, and cafes just a short stroll away. Places like Fu Manchu Oriental, Bottega Italian Restaurant, and Palette Restaurant offer a range of dining options for discerning palates.

[smartcode_project:default project_id=111898 project_image_fid=209597]

Located at 12-16 Weemala Street, Orama sits just off from the main drag of Chevron Island, with Thomas Drive featuring a crop of boutique retailers amongst the offerings as well as the Colin Sweeny Art Gallery, Chevron Island’s fishing platform and Chevron’s Rowing Club also sitting amongst the wealth of amenity surrounding the residences.

Other nearby destinations for shopping, dining, and world-class entertainment include Pacific Fair Shopping Centre, Capri on Via Roma, and The Star Casino.

And with easy access to public transport, major shopping centres, and entertainment venues, Chevron Island is a central location that's perfect for busy urbanites.

Chevron Island is also only a short walk from some of the Gold Coast's most popular beaches, such as Surfers Paradise Beach, Broadbeach, and Burleigh Heads. This makes it the perfect location for those who want to enjoy the sun, sand, and surf without having to travel far from home.

[smartcode_project_cta:default project_id=111898]

Despite its proximity to Surfers Paradise, Chevron Island is a quiet residential suburb that's perfect for people who want to live near the beach without the noise and crowds of a busy tourist destination

Why the village vibe of Chevron Island is drawing attention

The Lendlease apartment community, Toorak Park, arguably holds one of the best locations in the affluent suburb.

The completed mini masterplan gets its name from the neighbouring Toorak Park on Orrong Road, which has stood proudly at the heart of the area since it was opened in 1893.

It is most well known as the home of the Prahran Football Club, who played in the now defunct VFA. More recently the&nbsp;Old Xaverians and Prahran Assumption, who play in the VAFA, call it home, as do the Prahran Cricket Club, who play in the Victorian Premier Cricket competition.

[smartcode_project:default project_id=377 project_image_fid=211681]

The sports ground is getting a full overhaul by the local council, which is well underway. The current pavilion is being demolished, and will be replaced with a new Jackson Architects-designed pavilion with new lighting and terraced seating.

While under construction, with a forecasted end date toward the end of 2024, Toorak Park residents are only another 100 metres down the road from Orrong Romanis Reserve, home of Melbourne Rugby Union Football Club.

[smartcode_project:default project_id=377 project_image_fid=211680]

Orrong Romanis Reserve&nbsp;has two rugby and cricket ovals and a tennis centre, as well as an off-leash dog space, a playground, and barbecue facilities.

While surrounded by park opportunities, Toorak Park appeals to the city worker, given the location of Toorak train station just the other side of the oval.&nbsp;

Surrounding the train station, spilling onto Malvern Road, is a number of cafes and restaurants, as well as tram and bus stops.

A rare opportunity to buy near-new in Lendlease's completed Toorak Park has come up, after an international fund manager secured a number of one, two, three and four-bedrooms directly from Lendlease when the building was complete.

[smartcode_project:default project_id=377 project_image_fid=33599]

Now they're divesting the portfolio, which is giving apartment seekers an opportunity to buy a near-new unit in Toorak from $520,000.

The 2.5 hectare project was designed in collaboration between&nbsp;<a href="/architects/denton-corker-marshall" target="">Denton Corker Marshall</a>&nbsp;and&nbsp;<a href="/architects/carr-design" target="">Carr Design Group</a>.

The 16 building-project features extensive landscaping by landscape architecture by Tract. Open space makes up about up a third of the development, which also features a&nbsp;bluestoned plaza with a convenience store and cafe, as well as communal gardens.

[smartcode_project_cta:default project_id=377]

The completed mini masterplan gets its name from the neighbouring Toorak Park on Orrong Road, which has stood proudly at the heart of the area since it was opened in 1893

Toorak Park: The inviting park side lifestyle in Melbourne's most affluent suburb

Ready to move in, riverfront apartments come few and far between in Perth, but award-winning developers Edge Visionary Living still have a handful of residences remaining in their Vantage development in Rivervale.&nbsp;

Located in the popular Springs precinct at 60 Riversdale Road, Hillam Architects have designed the project to offer a blend of five-star hotel resort living and private residences.

[smartcode_project:default project_id=7780 project_image_fid=75504]

The lobby is the ultimate welcome, with contemporary finishes and angular voids that define the space and begin the luxury hotel-like experience.

That experience is only enhanced by the resort-style amenity, with the pool deck oasis a standout feature. An infinity pool and spa overlooks the river, and it's accompanied by a barbecue cabana, and a gym with a steam room.

There's also the&nbsp;expansive Sky Terrace which has similarly sweeping views, as well as an outdoor kitchen and dining spaces, a yoga deck, and even a rooftop cinema.

[smartcode_project:default project_id=7780 project_image_fid=75522]

The two and three-bedroom apartments feature large floor-to-ceiling windows that fill the space with natural light and offer uninterrupted views of the Swan River, Perth City, and the Perth Hills, while shadow-line cornices add a touch of sophistication.

The kitchens are the heart of the homes, with AEG appliances and stone benchtops, which are both stylish and functional, designed as the perfect place to entertain.&nbsp;

[smartcode_project:default project_id=7780 project_image_fid=75493]

The location is one of the biggest drawcards to Vantage.

Absolute riverfront access means that you can kayak, swim, or simply take in the views of the river whenever you like.

And if you're a sports fan, Optus Stadium and Crown Perth are also within walking distance.

[smartcode_project_cta:default project_id=7780]

Located in the popular Springs precinct at 60 Riversdale Road, Hillam Architects have designed the project to offer a blend of five-star hotel resort living and private residences

Move-in ready apartments on the Swan River: Inside Edge Visionary Living's Vantage

Despite persistent labour shortages and price volatility in materials such as timber and metal, there are indications that the pressure on construction costs is beginning to ease.

According to the Cordell Construction Cost Index (CCCI) by CoreLogic, which tracks the cost to build a typical new home, the growth rate for the first three months of 2023 was 0.9 per cent, a level not seen since March 2021.

The quarterly growth rate was less than half the Q4 2022 figure of 1.9 per cent, and there was a significant slowdown compared to the September quarter results of 4.7 per cent.

The annual growth rate of 10.2 per cent eased back from an index high of 11.9 per cent recorded in the 12 months to December 2022, which was the largest annual increase on record, excluding the period impacted by the introduction of the GST.

The news will be welcomed for the many developers set to undertake projects across the state, including&nbsp;Consolidated Properties Group who recently launched their Toowong project Monarch Residences as well as Sekisui Australia who are currently underway with their West End project, West Village.&nbsp;

[smartcode_project:default project_id=113455 project_image_fid=211490]

Although the growth in construction costs is easing, the annual rate of change remains 2.8 times higher than the pre-COVID five-year average of 3.6 per cent. Queensland had the highest quarterly and annual growth changes of 1.2 per cent and 11.6 per cent, respectively.

CEO of Gold Coast based Orchard Property Group, Ted Cronin, said the easing of construction costs is welcome news for the housing industry, which has been struggling to keep up with demand due to high costs and supply chain issues.

“Construction costs are finally showing signs of easing after two years of consistent increases, which is extremely positive news for both homeowners and builders.” said Cronin.

[smartcode_project:default project_id=114215 project_image_fid=210749]

“This is a great development for the industry, as we've seen many builders and contractors struggle with rising costs over the past few years.

“We faced significant supply and resource constraints on the delivery of subdivisions compounded by timber shortages for builders, and that led to a lot of frustration for all of us, including buyers.”

The annual growth rate of 10.2 per cent eased back from an index high of 11.9 per cent recorded in the 12 months to December 2022

Construction costs set to ease?

Sam Arnaout’s Iris Capital is set to fast-track development of the final stages of its $1 billion East End Village in Newcastle after securing $50 million in sales just a month into their launch.

The rich lister is aiming to start construction of stages three and four of the transformational development by the end of this year following the massive sales run that has been led by local buyers.

“The market response to our final release of apartments has been exceptional and we will begin construction as soon as final approvals have been granted,” said Arnaout.

<img alt="Render of the final East End stage in Newcastle" data-entity-type="file" data-entity-uuid="66cdd2cc-c38c-4a88-b318-b23cc700aaf2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/EE_S3_S4_Cam09B_FINAL.jpg?VersionId=TfiV3Zq550nZ7EUsXrSkHFOBXAAQZjY_" />Render of the final East End stage in Newcastle

“We entered the Newcastle market with confidence when we took on the East End Village development in 2016, and that confidence has never waned. The infrastructure spent over recent years to transform the city have made Newcastle CBD one of the most sought-after addresses for locals as well as buyers from Sydney.”

Project marketers Urban Activation, led by Matt George, was appointed in early March to oversee marketing and sales of the East End Village with the team for the $450 million final stages.

“Our team hit the ground running with the latest release of apartments which offer buyers the last chance to be a part of the most significant urban renewal development ever undertaken in Newcastle,” George said.

“Our team has been inundated with inquiries from buyers, most of them locals, as demand for inner-city living in Newcastle continues to firm in the current market. Buyers are looking for premium residences with urban amenities right at their doorstep.

“The sales already achieved by our team support our longer-term view that Newcastle and the Hunter Valley are among the strongest residential property markets in Australia at the moment.”

<img alt="Render of the Newcastle project East End" data-entity-type="file" data-entity-uuid="15f79f65-9643-4f6f-b248-fa64145bc171" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/EE_S3_S4_Cam03A_FINAL.jpg?VersionId=g1DuBHs_YcGgIPYiRYKEb8_b6s0x6q_m" />Render of the Newcastle project East End.

Iris Capital’s vision for East End Village spans twelve new buildings over four blocks in the Newcastle CBD, including the sold out first stage comprising the historic Fabric House, Washington House, and Perkins &amp; King buildings which have been transformed into a retail and multi-residential precinct that is centred on the open space of Lyrique Lane.

The final two stages are a collaboration between three architectural firms, SJB, DBJ and Curious Practice, all of which won a design competition for the best achieved design excellence amongst their peers.

One-bedroom residences in the final stages of East End Village are priced from $750,000, while two-bedroom offerings are priced from $1.15 million and three-bedrooms from $2.75 million.

[smartcode_project_cta:default project_id=107744]

Iris Capital secure $50m sales blitz in a month for final Newcastle East End stages

Design-led developer Lowe Living has partnered with established property developer and financer ICON Kajima to deliver its $160 million mixed-use project in South Melbourne which has received a fast-tracked planning permit after just four months.

The announcement comes after Lowe Living first acquired the site at 200 Clarendon Street and achieved the fast-tracked planning permit, which motivated Lowe Living to bring on a trusted joint venture partner in the form of ICON Kajima to accelerate the project’s construction timeframe.

The swift approval was a result of Lowe Living’s intrinsic focus on market-leading design, architectural expression – led by architect Woods Bagot – and functional built-form which gave the City of Port Phillip confidence in greenlighting the notice of decision (NoD).

The appointment of Woods Bagot as architect also gave council confidence in granting the approval – the practice worked in lockstep with Lowe Living to control design outcomes and create a carefully considered architectural product.

The project will consist of a 2,000 sqm two-level commercial office building with an adjacent 500 sqm car park alongside 1,000 sqm of ground-floor retail, and 36 apartments which range from 110 sqm – 390 sqm across two, three and four-bedroom offerings. The building will be targeting a minimum 7-Star NatHERs rating in operation.

The official sales launch for the $160m project is scheduled to commence in Q3 2023, with construction commencement in Q4. The build is expected to take 18 months.

<img alt="Lowe South Melbourne" data-entity-type="file" data-entity-uuid="a48ec8cb-7cef-4450-9457-83df559bc03f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Lowe%20Toorak.jpg?VersionId=I2YJahPz12WipOrzdURpk5gmlboV5v1A" />

Poised to be a leading precinct on the corner of Clarendon Street and York Street, on the edge of the Melbourne CBD, the two groups are focused on delivering functionality, enduring design and trust, alongside luxurious finishes, high-quality end product and leading build quality. As Lowe Living continues to expand its portfolio of larger-scale mixed-use developments across residential, commercial and retail, adding to its already established stable of high-end boutique projects in Melbourne’s bayside suburbs, the South Melbourne joint venture partnership represents the next evolution in the Lowe Living portfolio, said founder and managing director Tim Lowe.

“We feel very confident in South Melbourne’s owner-occupier market, and believe strongly that Lowe Living’s focus on luxury boutique projects across design and quality product will translate to a larger mixed-use precinct," Lowe said.

“The fundamental reason for the joint venture partnership is ICON Kajima’s experience in delivering exceptional projects of comparable size and scale.

“Our aim is to continue to acquire and bring to market 1 – 2 of these larger scale projects per annum; this partnership with ICON Kajima allows us to fast-track this objective for this South Melbourne project while maintaining our current pipeline activity across our boutique division.

<img alt="Lowe South Melbourne" data-entity-type="file" data-entity-uuid="25328225-28a8-4b1a-8ea1-60fab45ff5b2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-27%20at%203.33.09%20pm.png?VersionId=JDhDYuZpl7pfk32AjOUY5eWem5uRLhmA" />

“We worked closely with both Woods Bagot and the City of Port Phillip to achieve the permit in under 4 months. The approval means we are now ready to hit the ground running on this major site."

Lowe said the team are actively pursuing further acquisitions across Melbourne.

ICON Kajima Chief Executive Officer Matthew Bourke said they are looking forward to working on delivering&nbsp;a market-leading project to one of Melbourne’s most sought-after commercial areas.

“Icon Kajima is pleased to partner with Lowe Living for what is set to be one of the most exciting built-form precincts in South Melbourne – as has been recognised by the City of Port Phillip.

"The strength of our multi-faceted business model positions us well to deliver quality and scalable mixed-use projects with a structured finance solution. With our proven track record and Kajima Corporations' balance sheet capacity, this will allow the joint venture to realise innovative outcomes and play a significant role in shaping the built environment of Clarendon and York Streets, South Melbourne.”

ICON Kajima has a $1 billion project portfolio of residential, commercial and mixed-use sites across Australia and NZ.

The official sales launch for the $160m project is scheduled to commence in Q3 2023, with construction commencement in Q4



Lowe Living secure quick approval for $160 million South Melbourne development

Property developer Holdmark Group is set to create another mixed-use village in Sydney's west, submitting plans for a huge 5.5 hectare site in Kingswood, next door to Penrith

The Caddens Corner project, neighbouring&nbsp;Western Sydney University and TAFE NSW,&nbsp;will flank the Caddens Corner Shopping Centre on O'Connell Street. The plans are for a 19-building community, which will bring new residential, retail and commercial, as well as extensive landscaping and community gardens.

Just under 600 dwellings are planned as part of the&nbsp;$283.5 million masterplan.

Holdmark, who are involved in the development of a vibrant community in Melrose Park, said they took learnings from the Caddens community which helped shape the design.

"We have learnt a lot about Caddens and the greater region through our experience with the community and shoppers at Caddens Corner," a Holdmark spokesperson said.

"We understand what they love about Caddens and we also understand what they want to see for the area."

<img alt="Caddens Corner" data-entity-type="file" data-entity-uuid="c5b9320a-249f-4108-833c-d3063fa1eef8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-26%20at%203.23.24%20pm.png?VersionId=OpC_D_Jj6QmriawZPwu_H.pzGeiJ.BSm" />

Holdmark says the&nbsp;project was created with the community at the forefront of design and place making.

"The development aims to further establish Caddens a strong and vibrant community precinct with many different civic, natural and urban spaces all connected together.&nbsp;

"New community meeting places, parks, natural reserves and walkways will be accessible to the community and delivered part of this project."

The project will be delivered in four stages, the first stage bringing 145 dwelling across five buildings. There will be around four to five buildings delivered per stage. The last stage, which will see six buildings constructed, will also include four shops and new food and beverage tenancies.

<img alt="Caddens Corner" data-entity-type="file" data-entity-uuid="c137a140-6991-4711-8292-5ff418809c9a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-26%20at%203.22.52%20pm.png?VersionId=mMDJyG6IOsDMWdksA2N6LUgrc6WinjiH" />

Part of the brief to architect Turner Studio was to create a number of different housing typologies which would suit a variety of buyer.

"The project creates a diverse product offering appealing to different purchasers at different stages in their lives, whether it be ground floor lofts or upper level terraces with landscaped rooftop community spaces," Holdmark said.

Turner Studio noted that the proposed design will incorporate this generic suburban shopping centre into a pedestrian friendly village centre.

"The proposal to enhance the quality of the site by transforming it into a mixed-use precinct will bring vibrancy and interconnectedness to the existing retail centre and the emerging locality," Turner wrote in their Design Report to the Penrith City Council.

<img alt="Caddens Corner" data-entity-type="file" data-entity-uuid="c625f33f-6dc5-4481-9dad-a4540563ed7b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-26%20at%203.23.30%20pm.png?VersionId=7iRppm4WYHsHAAU7bSYtLVHtbsTcX1cj" />

"The public spaces drive the overall design of the precinct, with a series of public spaces in the form of tree-lined streets courtyards, a retail plaza, a public park that are connected by streets and laneways with unique characters."

Turner says the&nbsp;development proposal builds upon the vision and objectives of the Caddens DCP by creating a vibrant and diverse mixed-use development that responds to local needs by supporting the future culture of the local community.

The project is around five kilometres from downtown Penrith.

First look exclusive: Caddens Corner to secure nearly 600 dwellings in $283 million masterplan

Just seven kilometres north-west of the Melbourne CBD, nestled amongst vast expanses of green open space and the iconic Moonee Valley Racecourse comes the mixed-use precinct, Mason Sq.&nbsp;

Marked by four distinct residential towers, Rise forms the final piece of the residential puzzle, with a collection of luxury penthouse-style skyhomes and residences.

Located in the heart of Moonee Ponds, Rise is a rare find, with all the one-bedroom apartments already sold out and only a limited number of two and three-bedroom floorplans remaining.&nbsp;

At 29 levels, the building offers some of the highest views north of the Melbourne CBD, connecting Moonee Ponds to the city skyline.&nbsp;

[smartcode_project:default project_id=5328 project_image_fid=155345]

The tower begins at the podium level, with its reflective glass helping Rise to embrace its surroundings.&nbsp;

Many elements of the building’s exterior echoes the other buildings in the precinct through the use of similar metallic aspects such as copper, black metal accents and bronze glazing.&nbsp;

Internally, floor-to-ceiling glass invites an abundance of natural light to filter through each of the residences, while also allowing residents to benefit from sweeping views.

The rounded dimensions of the living areas are generous and harmonious, with special attention paid to the colour palette and timber-feature design, while the bathrooms are fitted out with a custom designed and personalised wall mounted basin, in an exclusive partnership with Omvivo.

In recent years Omvivo’s products have been selected for prominent projects including the award-winning Qatar Science and Technology Park, Sydney Opera House and Permira’s London headquarters, while also winning several Paris-based Design Awards as well as the Australian IDEA award and the 2011 Staron design award.&nbsp;

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The 'Omvivo for Rise' basin is crafted from a solid surface which has a durable and easy to maintain smooth matt finish, with the building’s distinctive “R” logo lasered onto the basin, completing the customised nature of the apartments.&nbsp;

Rise also includes an exclusive suite of residential amenity, split across different sections in the building, beginning in the lobby, which is a connecting force linking the courtyard with the pedestrian laneway.

Residents will have access to Mason Garden, a half-acre of lush gardens and recreational areas. A new landscaped public thoroughfare linking Hall St and Homer St has also been incorporated into the precinct, with the urban plaza to be home to an array of eateries, pop-up markets and places to sit and relax.&nbsp;

Club Rise will find its home on level three of Rise, with the exclusive health and fitness destination including a fully equipped gym, along with a sauna and a yoga studio. Level three will also include an outdoor terrace, providing ample seating for residents to settle into.&nbsp;

Level four of Rise will include a suite of residential amenities as well.&nbsp;

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Dubbed, Mason Terraces, the area will feature a private dining room and lounges, along with an indoor pool and spa as well as multiple barbecue facilities.&nbsp;

The established inner suburb is currently experiencing a boom in popularity, with its leafy streetscapes, landscaped parks and striking mix of architecture providing residents with the best of city life, whilst still maintaining an urban charm.&nbsp;

The suburb is a public transport hub and offers easy connectivity, while the expansive parklands and the Maribyrnong River offer an abundance of recreational opportunities including rowing and cycling.&nbsp;

The main urban village of Puckle St, will provide residents with everything from fresh produce and artisan bakeries to boutique fashions and designer wares, with the well-established and well-frequented strip close to the Mason Sq precinct.&nbsp;

Moonee Ponds is close to some of Melbourne’s finest primary and secondary schools and the nearby 59 tram runs directly to Melbourne University. Moonee Ponds offers sophisticated living on the edge of the city making it one of Melbourne’s most desirable addresses.

&nbsp;

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Marked by four distinct residential towers, Rise forms the final piece of the residential puzzle, with a collection of luxury penthouse-style skyhomes and residences.

Rise: Inside the final piece of the puzzle of Mason Sq. 

AURA by Aqualand, the $1 billion mixed-use development in North Sydney, has achieved a construction milestone, reaching the top of the tower, contributing to the evolving skyline of the area.

Part of any good marketing campaign is the showroom or display suite, particularly for a project of this size and calibre. Aquland's overall marketing strategy for AURA by Aqualand has&nbsp;earned the company a nomination as a finalist in the AREA Awards' 'Game Changer of the Year' category.

The nomination recognises Aqualand's progressive approach towards customer experience, providing prospective buyers with comprehensive information about North Sydney's public domain strategy, future amenities, transport, and growth areas.

This approach has been facilitated through technology that has not been previously seen in Australia.

Since the launch of the marketing campaign in December 2021, AURA has generated solid sales enquiries, with a significant contribution from the evocative computer-generated images (CGI) and animation produced by the reputable architectural visualisation company, Binyan Studios.

<img alt="Image inside the AURA by Aqualand display suite, showcasing the innovative features the group has included" data-entity-type="file" data-entity-uuid="12e852a8-e14e-41ef-80ac-c0e8056477cf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/AURA%20Display%20Suite%203.12.21_13.jpg?VersionId=EkJCh1KznMUx.5sG66TEZ1VzLRUQN3rx" />Image inside the AURA by Aqualand display showroom, showcasing the innovative DS-Immersion wall.

The CGI and animations take centre stage in AURA's display showroom, which showcases a newly installed interactive digital masterplan of the new North Sydney.

This display has been created in partnership with the proptech company, DisplaySweet. The use of advanced technology in the marketing campaign has set a new benchmark in the industry, making Aqualand's nomination well-deserved.

The display showroom revolutionises the property marketing customer journey and challenges traditional sales methods, Aqualand’s Head of Sales and Marketing Alex Adams said.

“A big feature of the display showroom is the interactive digital masterplan, which highlights projects outlined in the North Sydney Strategy and is not only a visually impressive tool; it also demonstrates our commitment to providing our clients with a wealth of information and context about the area they are investing in,” Adams said.

“This allows them to make informed decisions and visualise the long-term value of their investment.”

Aqualand’s Group Managing Director, Jin Lin, credits his team’s dedication and approach to collaborative partnerships with industry leaders including Binyan Studios, DisplaySweet and The Property Agency, for the award nomination.

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“Part of the reason AURA has been so successful since its launch is also due to the visually breathtaking creative used across its marketing campaign, including advertising, brochures and website all designed by specialist agency The Property Agency, who’ve branded developments across Australia for over 35 years,” Lin said.

“We’re proud to be recognised for our efforts to reshape the industry and create unparalleled experiences for our customers.

“Being named a ‘Game Changer of the Year’ finalist is a testament to the hard work and dedication of our team and our partners,” he added.

According to DisplaySweet ANZ Account Director Marcus Skeggs, the display showroom is “easily the most innovative in the country.”

“AURA’s interactive display showroom transforms the customer journey, allowing buyers to visualise their future homes through cutting-edge technology, including the DS-Immersion Wall, DS-Immersion Room, and interactive digital masterplan of North Sydney, Sydney’s CBD and Sydney Harbour," Skeggs said.

“Aqualand continues to set new standards and drive positive change, cementing its reputation as a true game changer."

<img alt="Image inside the AURA by Aqualand display suite, showcasing the innovative features the group has included" data-entity-type="file" data-entity-uuid="6fa2208e-efd8-45b4-a821-4b3d46ac558f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/AURA%20Display%20Suite%203.12.21_14.jpg?VersionId=jaJTWQSftHtqDuPvvqSGm1qvkXCD6vJh" />Image inside the AURA by Aqualand display showroom, showcasing the innovative DS-Immersion room.

With the recent introduction of the interactive digital masterplan in the AURA showroom, Aqualand has demonstrated its vision for the future of luxury property marketing and customer engagement.

“Aqualand’s in-house delivery and state-of-the-art approach to the display showroom exemplifies the kind of innovation and commitment to excellence that we need in the property development sector,” Lin added.

“By incorporating technology and working with the best in the industry, we’re transforming the way people experience luxury property marketing.”

Construction on the landmark mixed-use development at 168 Walker Street has reached midway point and is slated for completion in mid-2024. The project is being delivered by Aqualand’s internal construction arm, which the developer launched to safeguard the integrity, efficiency and safety of its projects.

In addition to the $1 billion North Sydney project, Aqualand's pipeline also includes their upcoming Central Barangaroo project which is the final stage of the Sydney CBD waterfront precinct.&nbsp;

[smartcode_project_cta:default project_id=30959]

Aquland's overall marketing strategy for AURA by Aqualand has earned the company a nomination as a finalist in the AREA Awards' 'Game Changer of the Year' category

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