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?

Billionaire John Van Lieshout is putting down a marker on Brisbane's residential real estate market.

His development firm, Unison Projects, has just lodged plans for two very different apartment developments. One is for a boutique project on a recently acquired site in Herston, the other a striking Rothelowman-designed tower in the heart of West End.

The West End tower, dubbed Bank &amp; Mollison due to its prime 2,074 sqm amalgamated site straddling Mollison and Bank streets, sits next to Sekisui Australia's award-winning West Village.

Rothelowman, who also designed the towers in West Village, have taken into consideration the future towers in West Village when designing Banks &amp; Mollison.

They've cleverly staggered the three-structured tower. Its 18-level peak notions toward West Village, and descends toward Bank Street to the smaller 14 level and 10 level buildings.

<img alt="17 Mollison West End" data-entity-type="file" data-entity-uuid="fd29b0d3-e87b-45d8-9b7a-dbdb2c304e88" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-12%20at%202.35.42%20pm.png?VersionId=8pDLeHIBxP.wghDHiiIa8Wa4DF5gmOh1" />

"The tower is a clearly designed collection of distinct towerettes linked by a green lattice, entwined with landscape," Rothelowman wrote in their design statement submitted to the Brisbane City Council.

They said each&nbsp;facade of the building takes a different approach to capturing its natural assets, protecting from the harsh elements of the environment and ensuring privacy between their urban neighbours.

The apartments will sits atop an inverted podium which will home a tenancy which could suit retail,&nbsp;commercial, or community use. A separate food an drink outlet is also planned, along with a landscaped foyer entrance to the building and extensive work from home space for residents.

"The lowest level of apartments has been lifted to create a voluminous subtropical, light filled parkland for the public", Rothelowman added.

There's a gym on level 11, which spills onto an outdoor gym and wellness lawn, complete with a cold plunge and magnesium spa. Level 12 will home a lap pool and pool deck, and a lounge and dining space.

<img alt="17 Mollison West End" data-entity-type="file" data-entity-uuid="196f4fd8-c08e-4e68-be75-f0746ad291ba" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-12%20at%202.44.36%20pm.png?VersionId=vgXCGinDtQjstQCG0A4ZMakR8QRfy3yt" />

There will be 101 apartments in the development, designed to target the owner-occupier. The majority of units have three-bedrooms (76). There are 24 two-bedroom units, and a single four-bedroom penthouse.

Rothelowman said Bank and Mollison presents an opportunity to create place, place based on need, and a vision for the potential future of our subtropical city.

"It seeks to be aspirational and progressive in its attitude towards community, inclusivity and generosity whilst seeking influence from the rich, layered and diverse history of the suburb in which it is situated.

"The project examines the challenges of rapid transformation and urbanisation whilst seeking to maintain the “casual suburbaness” that typifies the culture of living in Brisbane."

Planning consultants Mewing said the proposal showcases a high quality architectural and landscape design outcome, which provides an exemplar subtropical design response that celebrates Brisbane’s climate and lifestyle.

"The design concept pursues a high quality architecturally designed and landscaped outcome over the site, to establish a public benefit for the locality, together with creating a very liveable and sub-tropical design exemplar.

<img alt="17 Mollison West End" data-entity-type="file" data-entity-uuid="c5c09fcb-cbbf-4875-8759-bfa639bde5a4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-12%20at%202.46.12%20pm.png?VersionId=0ep8wBi_x8jesl1A8IHbq.a_HAHs_7Cf" />

"The proposed development responds to and addresses the site and contextual characteristics, together with all relevant planning, design and technical provisions of the planning framework, to create a positive and suitably balanced development outcome."

Mewing said&nbsp;South Brisbane and West End have observed a notable gentrification and evolution over the recent decades, creating a weaving of old and new local stories.

They note however that many of the outcomes are done in isolation.

"There are, by comparison, some infill sites that provide the ability to reflect upon the evolution and stitch together the fabric that has evolved. The subject site at Mollison Street and Bank Street, West End is one of those valuable infill opportunities to be pursued."

Unison secured the 2074 sqm corner site in late 2021 for $7.4 million.

It was a big 2021 for Unison. They also spent&nbsp;$8.2 million on a 5,623 sqm site on Fleming Road in Herston and $9.4 million on a seven-lot amalgamation, some 1.3 hectares, in Labrador on the Gold Coast. In 2021 Unison also contracted from Stockland two adjoining 3,004 sqm sites in Birtinya which now have development applications.

Also in their pipeline is the <a href="/news/qld/newsteads-federal-boot-factory-apartment-development-plans-get-refresh">Newstead Federal Boot Factory</a>, which was bought for $5.7 million in 2020. Unison amended the Joe Adsett plans that came with the sale, calling on Ellivo Architects to amend the density down from 52 apartments to 41.

Unison now have a pipeline of over 430 apartments with an end value in excess of $450 million.

Earlier this week Unison lodge plans for their recently acquired Herston project, a boutique 38-apartment block designed by Ellivo Architects.

To read more about their Herston project, <a href="/news/qld/unison-secure-residential-development-site-in-brisbanes-herston">click here</a>.

Rothelowman, who also designed the towers in Sekisui's neighbouring West Village, have taken into consideration the future towers in West Village when designing Banks & Mollison.



First look: Billionaire's Unison Projects lodge plans for subtropical Rothelowman apartment tower in West End

Socially conscious developer Nightingale is set to create nearly 300 apartments in the heart of Brunswick, another project in which the affordability-first developer won't be seeking to make a profit.

Nightingale's latest project is across a massive 6,437 sqm site at 17-19 Hope Street, down the road from their successful Nightingale Village.

They're seeking to create five distinguishable buildings, with five different architects tasked with the designs of each.

Hayball,&nbsp;Neeson, Murcutt + Neille,&nbsp;Kennedy Nolan, WOWOWA, and LIAN are the architecture and design studios have put together plans for a building each. They will each have eight levels and between 53 and 58 apartments in each.

Across the project will be 36 studio apartments, 88 one-bed units, 144 two-bedroom apartments, and 14 three-bedders, as well as 219 sqm of street-level retail.

<img alt="Nightingale Building A" data-entity-type="file" data-entity-uuid="404a2227-b0be-4bc1-acce-3e9e63f56d51" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-12%20at%2011.35.40%20am.png?VersionId=YlcBkvBS7mZKPoAIhKXCBP3UNRzRLcqt" />Building A by&nbsp;Neeson Murcutt + Neille

Nightingale will be developing the apartments at cost,&nbsp;meaning it that the apartments will be sold for what it costs to procure, design, manage and construct.

Between 10 to 20 per cent of the project will be either affordable or social housing, with a further 20 per cent of the apartments only offered to key worker groups, such as carers, individuals who work in or support the arts and culture industry, or vulnerable members of the community.

Urban planner Hansen Partnership created the Planning Report which was submitted to the Merri-bek Council.

They said the plan aspires to the idea of the 20 Minute Neighbourhood,&nbsp;where most journeys people make, whether to the shops, work or development, do not exceed 20 minutes.

"To reach this aim, development is encouraged in well-serviced areas close to public transport options," the report stated.

<img alt="Nightingale Building C" data-entity-type="file" data-entity-uuid="19adb024-a85d-4c1a-8944-c84c62772294" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-12%20at%2011.37.07%20am.png?VersionId=_rl1UhwhdN4w2leO7tzTGenyGdoZ.kI3" />Building C by WOWOWA

"Given the subject site is located on the edge of an activity centre, within walking distance of Anstey Station, it is an ideal location to accommodate medium density residential development."

There will be 15 car share pods to encourage a lifestyle without a car, and 464 bike spaces.

Each building will have an indoor community room for residents, as well as a rooftop garden and communal terrace with generous landscaping.

Nightingale will also create&nbsp;2,750 sqm of open space, which will include Linear Park.&nbsp;The northern entry to the park will be marked by a pavilion surrounded by indigenous species that are a calendar of sorts to the seven seasons of the Wurundjeri Woi-wurrung.

In addition to the park, the precinct also proposes a large open space in between the east and the west side of the buildings “the Courtyard” and another open space to the east of the buildings “the Backyard”.

<img alt="Nightingale 17-19 Hope Street Brunswick" data-entity-type="file" data-entity-uuid="1a5996f7-8a40-4b32-8020-30b7985fa87f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-12%20at%201.31.00%20pm.png?VersionId=WngJI9BqwQ0_av_Gr8zxuxtkhx61Mj.." />All of the buildings proposed

&nbsp;

Hansen noted in the planning report that the&nbsp;character of the area has changed over the last few years, the largely industrial precinct giving way to a more mid-rise, residential form.

"The cul-de-sacs created by the Upfield Train line and the large industrial lots together have provided the ideal context for this transformation of Brunswick into a beacon of architecturally-conceived, pedestrian-focused mid-rise development," Hansen said.

"The success of not only single building mixed use developments, but also entire precincts, has shown that there is a significant desirability within the Brunswick, Merri-Bek and Melbourne communities to live in accessible, sustainable and communal developments."

Nightingale has had success in Brunswick before with the recently completed Nightingale Village. Banco Group's East Brunswick Village precinct is under construction, as is&nbsp; Assemble's 4 Ballarat Street.

Mirvac and Milieu will also be creating over 500 build-to-rent apartments at their Albert Fields project on the nearby Albert Street.

<h2>Fast Facts 17-19 Hope Street, Brunswick</h2>

<ul>
	<li>Address: 17-19 Hope Street, Brunswick, VIC</li>
	<li>Site area: 6,437 sqm</li>
	<li>282 dwellings</li>
	<li>36 studio apartments</li>
	<li>88 one bedroom apartments</li>
	<li>144 two bedroom apartments</li>
	<li>14 three-bedroom apartments</li>
	<li>Building A -&nbsp;Neeson Murcutt + Neille - 53 apartments</li>
	<li>Building B - Kennedy Nolan - 56 apartments</li>
	<li>Building C - WOWOWA - 58 apartments</li>
	<li>Bulding D - Hayball - 58 apartments</li>
	<li>Building E - LIAN - 57 apartments</li>
	<li>219 sqm of retail</li>
	<li>15 car share pods</li>
	<li>464 bike spaces</li>
	<li>2,750 sqm of open space</li>
</ul>

Nightingale's latest project is across a massive 6,437 sqm site at 17-19 Hope Street, down the road from their successful Nightingale Village

First look: Nightingale plan not-for-profit Brunswick apartment development

Architect-cum developer Joe Adsett's luxury Gold Coast apartment project, Rockpool Rainbow Bay, is starting its construction.

Southeast Queensland building firm Tomkins Commercial has started earthworks on the prime site at 154-156 Marine Parade, which will offer never-to-be-built-out views to Rainbow Bay and Snapper Rocks.

The $100 million project will comprise 21 high-end apartments

Adsett's design ethos was to deliver a "sub-tropical modernist architectural approach to beachfront apartment living."

80 per cent of apartments in Rockpool are already accounted for.

<a href="/news/qld/tower-reveal-architect-joe-adsett-officially-lodges-plans-for-rainbow-bay-tower-rockpool">Read more:&nbsp;Tower reveal: Architect Joe Adsett officially lodges plans for Rainbow Bay tower Rockpool</a>

[smartcode_project:default project_id=94018 project_image_fid=169982]

“I am pleased to announce that Rockpool is well and truly underway, and we look forward to seeing our vision come to life,” Adsett says.

“Tomkins have been one of Queensland’s leading construction companies for over 70 years and they are well equipped to ensure the delivery of the project.”

In recent years the southern tip of the Gold Coast has undergone a significant urban renewal and gentrification, spearheaded by high demand and limited development sites available.

Three full-floor penthouses have just been released to the market through Pezet Matheson.

[smartcode_project:default project_id=94018 project_image_fid=212061]

“Now that the project is under construction and we have reached 80 per cent sold, we will be launching the hotly anticipated Rockpool penthouse collection,” Adsett says.

Offering from 520 sqm of luxury living, the jewel in the crown penthouse collection features five bedrooms, five and a half bathrooms, three living areas, four garaged car parks, a private wine cellar, fireplace, and uninterrupted ocean views, never to be built out.

A mix of three, four and five-bedroom floorplans will be on offer in Rockpool, with sizes ranging from 245 sqm through to 512 sqm.&nbsp;

<a href="/news/qld/joe-adsetts-rockpool-rainbow-bay-apartments-get-green-light-after-unbelievable-buyer-interest">Read more: Joe Adsett's Rockpool Rainbow Bay apartments get green light after "unbelievable" buyer interest</a>

[smartcode_project:default project_id=94018 project_image_fid=212060]

The exclusive resident amenity includes a private heated lap pool, sauna, gym, beach lockers, and private office space.

Rockpool has secured funding by ANZ with the tower expected to come out of the ground this year.

It's the fourth major funding facility provided by ANZ to the architect-developer in the luxury residential space. ANZ partnered with Joe Adsett and Tomkins to deliver Botanic in New Farm.

[smartcode_project_cta:default project_id=94018]

The $100 million project will comprise 21 high-end apartments all with ocean views over Rainbow Bay and Snapper Rocks

Construction commences at Joe Adsett's Rockpool Rainbow Bay

New Melbourne developer JMSN has lodged plans for its first residential apartment development in the heart of Fitzroy.

JMSN, led by Sam Jamieson, is seeking to develop a six-level building at 227 Napier Street, Fitzroy, a 394 sqm site which they acquired mid-last year.

The plans are for just 10 apartments, four two-bedroom units and six three-bedders, with internal living spaces ranging from around 120 sqm to the 205 sqm whole floor penthouse, which has has two living areas, two balconies, and a private roof terrace.

<a href="/architects/warren-and-mahoney">Warren &amp; Mahoney</a>, who are well known for their interpretation of designs with a heritage element, have handled the architecture, noting the project vision is supported by a high quality architectural design response that will see the development fit within its context - neighboured by highly praised and awarded multi-residential developments.

"JMSN is heavily influenced by European heritage architecture and global street culture - delivering a residential building that takes influence from the area’s hospitality and retail offering while also paying tribute to beautiful heritage homes and materiality," Warren &amp; Mahoney noted in the Urban Context Report submitted to the Yarra City Council.

To be alerted when 227 Napier Street hits sales, <a href="/new-apartments/ns227-fitzroy-227-napier-street-fitzroy">enquire here</a>.

<a data-entity-type="file" data-entity-uuid="ec9b9748-b543-433f-9967-369a581a3338" href="/new-apartments/ns227-fitzroy-227-napier-street-fitzroy"><img alt="227 Napier Street" data-entity-type="file" data-entity-uuid="ec9b9748-b543-433f-9967-369a581a3338" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-11%20at%209.38.54%20am.png?VersionId=zLTt57Bx6cAbwu4.JTtQBPeY4E2mimsO" /></a>

"227 Napier Street is in the heart of Melbourne’s coolest suburb - Fitzroy - and is surrounded by other award-winning and highly revered multi-residential developments."

Milieu's 231 Napier Street and Whitlam Place are just a few doors down, as is Dealcorp's CF Row, designed by Woods Bagot.&nbsp;

"The development will be a good neighbour," the architecture firm suggested.

"A good neighbour to its context in that it respects the architecture that is already there; in that it reflects the historical development of the area; in that it seeks to provide cohesion between the buildings already on the block; and in that it provides high quality and higher density living option for Fitzroy residents. It is a building that you want to be in your community; it’s a good neighbour."

The project will feature a large light well, another nod to neighbouring buildings. The large void will create a large courtyard in the middle of the building to ensure apartments get good access to natural light.

"The building seeks to be timeless - built with natural materials and a formality that doesn’t date, as if it has always been there."

The building will sit less than 200 metres from tram stops for the 11 and 86 lines, while bicycle routes line Napier and Brunswick streets.

To be alerted when 227 Napier Street hits sales, <a href="/new-apartments/ns227-fitzroy-227-napier-street-fitzroy">enquire here</a>.

<a data-entity-type="file" data-entity-uuid="f1ce00e7-8cd3-4b9f-9329-72ed47aa46a3" href="/new-apartments/ns227-fitzroy-227-napier-street-fitzroy"><img alt="227 Napier Street" data-entity-type="file" data-entity-uuid="f1ce00e7-8cd3-4b9f-9329-72ed47aa46a3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-11%20at%209.44.21%20am.png?VersionId=wL3HBJumHgWI0pnED7LDN1ta.RH_D0Cy" /></a>

There was a pre-application meeting held in October, with planning consultant Tract noting the comments in the meeting were&nbsp;overwhelmingly positive, particularly in regard to the high level of internal amenity afforded through generous voids and lights courts, and the considered response to massing and articulation of form in response to adjoining buildings.

"The development plans were subsequently refined with a focus on the interface of the building with Napier Street and as guided by consultant input in relation to ESD, waste, traffic, heritage, landscape, wind and acoustic considerations," Tract's planning report read.

When securing the site last year, Sam Jamieson said that "securing the A-grade site in a suppressed market, coupled with a market wide undersupply of apartment developments, gives them supreme confidence in this investment opportunity.

"You&nbsp;only have to look at the success of the neighbouring multi-award-winning developments to see the great results so far," Jamieson said. 
 
"We look forward to sharing the JMSN vision and executing a boutique residential apartment development that will align with the community and stand the test of time."

Fitzroy has been a popular spot for larger, owner-occupier focused apartments in recent years.

Veteran Melbourne developer Piccolo has just launched <a href="/new-apartments/a-piccolo-house-gore-st-fitzroy-385-gore-street-fitzroy">A Piccolo House</a> on Gore Street, while Pace, who are developing The Darley on Flemington Racecourse, will launch their heritage-focused Fabbrica later this year.

JMSN, led by Sam Jamieson, is seeking to develop a six-level building at 227 Napier Street, Fitzroy, a 394 sqm site which they acquired mid-last year

First look exclusive: JMSN file plans for first apartment development in Fitzroy

Amalgamated Property Group has fast kicked off construction of its latest apartment development, Amaya, their $160 million tower in Broadbeach.

The project, which is a joint venture between APG and Base Developments is now on track for completion in late 2024. Gold Coast Builders GCB Constructions kicked off the earthworks in December, and started the foundation work in January.&nbsp;

More than 40 per cent of the 120 apartments have sold at Amaya, which will rise on a prime 1214 sqm site at 30 First Avenue on the quiet northern end of Broadbeach.

Nicholas Clydsdale, Senior Director of CBRE Residential Projects, said the combined strength of APG and Base Developments and their ability to commence projects without financial restrictions imposed by lenders, positions Amaya as a rare gem in the current market where buyers are seeking certainty.

[smartcode_project:default project_id=111866 project_image_fid=203516]

“We are seeing a flight to quality in the market and the top priority for apartment buyers at present is certainty of delivery and product quality,” Clydsdale says.

“Both APG and Base have an enviable reputation for project delivery that underpins the success of the many projects they have undertaken on the Gold Coast and nationally.

“The strong financial backbone of these companies has enabled the project partners to progress construction without delay, well before sales targets have been achieved. Our team is anticipating sales will accelerate as Amaya starts to come out of the ground."

Amaya, which is located just 300 metres from the beachfront, will deliver a premier residential address comprising generous floorplans and high functionality to suit downsizers, allowing them to take full advantage of the idyllic coastal lifestyle Broadbeach offers.

Designed by Gold Coast architecture firm DBI Design, Amaya presents a collection of two and three-bedroom residences featuring floor-to-ceiling windows to take advantage of coastal and hinterland views, as well as large balconies, contemporary yet timeless interiors and materials with high-end fixtures to complement a modern lifestyle.

[smartcode_project:default project_id=111866 project_image_fid=205113]

Amaya’s two-bedroom apartments are priced from $935,000 and offer around 100 sqm of living space, while three-bedroom layouts will offer generous living areas of nearly 150 sqm.

A limited collection of half-floor apartments have just been released to the market, from level 27 up. They have over 250 sqm of living space.

Amaya residents will have exclusive access to two floors of state-of-the-art resident-only facilities, including a gym, sauna, steam room, pool, spa, barbecue and patio, all enhanced by green outdoor spaces with resort-style zones.

[smartcode_project:default project_id=111866 project_image_fid=205115]

Amaya has been designed to seamlessly connect residents with all that Broadbeach has to offer, from the beachfront, to the river, restaurants, shops and a G:link light-rail station just 150 metres away offering easy access to Surfers Paradise, Pacific Fair and eventually Burleigh Heads with completion of the next stage which is currently under way.

Among the recent buyers have been Gold Coasters downsizing from large family homes and looking to move closer to the beachfront. Interstate families and couples have also been attracted to the development and its proximity to the array of urban amenities at Broadbeach.

“For many buyers, Amaya is an upgrade from their current home by offering three-bedroom homes with the combination of luxury interior design and spectacular views; it is ticking all the boxes and providing everything they’re looking for,” Clydsdale added.

[smartcode_project:default project_id=111866 project_image_fid=205115]

Clydsdale said many of the&nbsp;interstate buyers have been regular holidaymakers to Broadbeach.

"[They're] looking for a combination of premium amenities and finishes with a quiet location close to the heart of the action.

“Amaya’s generous floorplans and their high functionality have made Amaya a compelling choice for many of these buyers who are quite discerning and want to ensure their beachside home will work for them in reality.”

In 2024 APG will launch <a href="/new-apartments/affinity-broadbeach-40-46-chelsea-avenue-broadbeach">Affinity Broadbeach</a>, having picked up a <a href="/news/qld/first-look-amalgamated-property-group-double-down-on-broadbeach-apartment-market-with-raptis-site-acquisition">Chelsea Avenue site from Raptis</a>.

[smartcode_project_cta:default project_id=111866]

More than 40 per cent of the 120 apartments have sold at Amaya, which will rise on a prime 1214 sqm site at 30 First Avenue

Amalgamated Property Group starts construction of Amaya, Broadbeach apartment tower

The Isle of Capri on the Gold Coast is set to see the first large scale residential project in the tightly held island in over three decades.

Local developer Monaco Property Group (MPG) has been given the green light to develop Capri, a gated community with just 48 two and three-level villas.

Designed by award-winning firm Plus Architecture, the 1.2 hectare masterplan will have a central residents lounge, BBQ pavilion, resort style swimming pool, relaxation and cabana areas, and lush tropical gardens.

[smartcode_project:default project_id=139511 project_image_fid=213450]

Monaco Property Group Managing Director Jonathan Grasso says the project will bring a new level of luxury and inner city living to Isle of Capri.

“Capri includes five unique villa designs, with large open plan living, multipurpose rooms and villa options of three or four bedrooms," Grasso says.

“Capri will feature three storey residences on Elliott Street with private landscaped courtyard entries, two storey residences on Salerno Street with articulated courtyards, and a mixture of two storey residences opening into the communal area."

[smartcode_project:default project_id=139511 project_image_fid=213457]

Landscape architecture firm LDG has designed a lush tropical oasis at the heart of the estate.

The sales display suite is on site, with kitchen and bathroom interiors and the luxury finishes of Gaggenau appliances, marble bench tops and European oak timber floors.

NPA Projects Director Andrew Erwin, who will handle the marketing of the project, says Capri offers buyers possibly the best new and most strategic inner city real estate on the Gold Coast.

“Isle of Capri is unparalleled with its level of connectivity, allowing simple and quick access to Southport and its private schools, Broadbeach and its dining, shopping and entertainment precinct, Bundall and the commercial centre and the HOTA arts precinct.

“Residents will be just a short walk to the vibrant Capri on Via Roma shopping and dining precinct, Surfers Paradise, and world-famous beaches. It ticks every conceivable box.”

[smartcode_project_cta:default project_id=139511]

Monaco Property Group Managing Director Jonathan Grasso says the project will bring a new level of luxury and inner city living to Isle of Capri

Isle of Capri to get first large scale residential development in three decades

As Melbourne's population continues to grow, the city is witnessing an emergence of urban neighbourhoods that are transforming the way people live, work and play. One hot on the list is West Melbourne.

With a population growth rate of 5.8 per cent projected by 2031, it is no surprise that developers are investing in the area, with developer JT Rosslyn the latest to join the ranks.&nbsp;

JT Rosslyn has taken inspiration from the history of the suburb, blending the old with the new at their latest development, Felton &amp; Grimwade.

Completion on the project is set to conclude in May. Prices for the remaining one-bedders start from $545,000. Two-bedroom apartments with one-bathroom are priced from $657,500, while two-beds with two-bathrooms start from $1,365,000.

<h2>A Rich History</h2>

The building that is now Felton &amp; Grimwade has a rich history that dates back to 1942, when it served as a home to Felton, Grimwade &amp; Co. during World War II.

[smartcode_project:default project_id=4522 project_image_fid=208466]

Founded in 1902, the company started as wholesale druggists and soon expanded, building a factory on Flinders Street and a three-storey warehouse on Flinders Lane.

They were also responsible for selling Australia's first true export, Eucalyptus Oil. Today, the building has been transformed into 30 boutique residences across seven levels, each one reflecting the contemporary style of modern-day West Melbourne.

<h2>The Design</h2>

CHT Architects handled the designs for Felton &amp; Grimwade, keeping the facade of the original building while seamlessly integrating it within the industrial architecture of West Melbourne.&nbsp;

[smartcode_project:default project_id=4522 project_image_fid=208469]

The kitchens and sleek bathrooms are designed with function in mind, while the light-filled master bedrooms adapt to each resident's lifestyle, with clean lines, flowing spaces, and a mix of natural materials including timber flooring, stone benchtops, and splashbacks.

The living areas provide an ideal vantage point to experience views of Melbourne's cityscape while expansive windows throughout the home allow for plenty of natural light, creating a tranquil inner-city escape from the hustle and bustle outside.

Residents will also be able to take in views of the city skyline from the crowning communal rooftop terrace, which features an array of seating options, barbecue facilities and landscaped gardens.&nbsp;

[smartcode_project:default project_id=4522 project_image_fid=208471]

Sustainability is at the forefront of the design too, with energy-efficient appliances, a two-way waste chute, electric car charging station, and a rainwater tank incorporated,&nbsp;lowering utility bills and minimising environmental impact.

<h2>The Future of West Melbourne</h2>

With the West Melbourne Structure Plan in place, the area is set to undergo further development, with the character and heritage of local buildings maintained while Spencer Street transforms into a new high street precinct.

[smartcode_project:default project_id=4522 project_image_fid=208468]

The proposed extended tram network and metro tunnel will improve public transport options, making it even easier to explore all that Melbourne has to offer.

<h2>Inner-City Convenience</h2>

Felton &amp; Grimwade is located just a short stroll from a number of inner-city conveniences, with the neighbourhood brimming with local amenities and excellent transport links including trains and trams, while also being just a short distance from the CBD.

Flagstaff Gardens is under a five-minutes walk, with the tranquil inner-city escape the perfect place to enjoy nature and a spot of sunshine, while the Queen Victoria Market is also just a stone's throw from the steps of the site, offering fresh produce and unique culinary delights every day of the week.

The Queen Victoria Markets are also currently undergoing a $250 million dollar redevelopment, which means the atmosphere and offerings at the iconic Melbourne institution are only set to improve in the coming years.

[smartcode_project_cta:default project_id=4522]

West Melbourne apartment development Felton & Grimwade set to welcome residents by June

Sydney unit values continued their upward trajectory over March, posting the strongest gains of any capital city across the country.

Following the end of the downturn over February when values rose 0.3 per cent, March saw increasingly improved value rise, up one per cent. That made unit values flat over the quarter.

Annually unit values are down -8.7 per cent, to a new median of $776,780. Hosue values across Sydney also posted gains (1.5 per cent). Their median is now $1.23 million, down -13.3 per cent annually.

Colliers Director Ian Bennett says the price gaps shows how much room there is to grow in the apartment market.

"The traditional price gap between existing houses and apartments sits at around 40 per cent, with the number currently at around 70 per cent this year. At one point in 2022 it sat at 100 per cent, but there is still a very long way to go to get close to any normal levels.

"This in turn shows how much room there is to grow in the apartment market.

[smartcode_project:default project_id=21170 project_image_fid=210274]

"Our experience this year has shown the bottom of the market seemed to be at the end of 2022, with statistics revealing our three-bedroom stock increasing in value in the last 3 months by 14 per cent.

"The price growth achieved over the last three years increased dramatically, giving owners large equity within their homes. This made it less likely for owners to want to reduce pricing or sell at a loss, putting more pressure on the supply.

"People who purchased three years ago are still better off than they were even after the loss of the last 10 months by at least 15 per cent from when they purchased."

Ray White Projects Western Sydney Managing Director Mark Bernberg saw strong demand continue through March,&nbsp;consistent with the whole of the first quarter of 2023.

[smartcode_project:default project_id=112005 project_image_fid=191253]

"Lead generation has been strong," Bernberg says, although says what isn't changing is buyers' appetite to buy.

"There’s no urgency in the market and people are still not sure what their borrowing capacity will be.

"The RBA needs to get the cash rate to the peak, and quickly, so buyers can have confidence in what they can spend and what their repayments will be."

Bernberg says Labor raising the stamp duty concessional rate to $800,000 was also a strong move for the market.

Across the country, values were up 0.6 per cent in March, the first rise since April 2022.

Dwelling values were higher across the four largest capital cities and most of the broad ‘rest-of-state’ regions, led by a 1.4 per cent gain in Sydney.&nbsp;The lift in housing values has been most evident across the upper quartile of Sydney’s housing market, CoreLogic note.

House values within the most expensive quarter of Sydney’s market were up two per cent in March and the upper quartile of the Sydney unit market was 1.4 per cent higher over the month.

“Sydney upper quartile house values fell by -17.4% from their peak in January 2022 to a recent low in January 2023, the largest drop from the market peak of any capital city market segment."

CoreLogic’s Research Director, Tim Lawless, put the rise down to a combination of low advertised stock levels, extremely tight rental conditions and additional demand from overseas migration.

“Although interest rates are high and there is an expectation the economy will slow through the year, it’s clear other factors are now placing upwards pressure on home prices,” Lawless said.

“Advertised supply has been below average since September last year, with capital city listing numbers ending March almost -20% below the previous five-year average. Purchasing activity has also fallen but not as much as available supply; capital city sales activity was estimated to be roughly -7% below the previous five-year average through the March quarter.

“With rental markets this tight, it’s likely we are seeing some spillover from renting into purchasing, although, with mortgage rates so high, not everyone who wants to buy will be able to qualify for a loan. Similarly, with net overseas migration at record levels and rising, there is a chance more permanent or long-term migrants who can afford to, will skip the rental phase and fast track a home purchase simply because they can’t find rental accommodation.”

<a href="/news/nsw/city-beat-sydney-unit-market-insights-for-february">Read more:&nbsp;City Beat: Sydney unit market insights for February</a>

Colliers Director Ian Bennett says the price gaps shows how much room there is to grow in the apartment market

City Beat: Sydney unit market insights for March

Apartment buyers are continuing to head back to the Melbourne CBD in droves, following the COVID-induced exodus from the city a number of years ago.

Urban.com.au data found the Melbourne 3000 postcode was the most popular suburb across Victoria in March, particularly for first home buyers. The CBD, and surrounds, have a number of off the plan and ready to move in apartment developments currently on the market.

We've crunched the numbers and looked at the top three most searched suburbs in Victoria on Urban across March.&nbsp;

<h2>Melbourne</h2>

The Melbourne 3000 postcode was again the most searched suburb on Urban in March, making it the most searched across the quarter.

The growth in migration has seen a number of prospective buyers seek out completed stock, with construction timelines currently fairly problematic, and a rental market as tight as it's even been.

Brady Group's 380 Melbourne has been one of the most popular projects in March. The&nbsp;twin tower project is home to a mix of one, two and three-bedroom apartments, which start from $570,000.&nbsp;

[smartcode_project:default project_id=2064 project_image_fid=210658]

Designed by Elenberg Fraser, the 65-level towers are located in the heart of the city on Lonsdale Street.

The towers also include 300 hotel suits, along with a retail and cafe arcade, which links the development to the public domain through a low-lying podium that resembles a cascading ripple.&nbsp;

An array of resident's only amenity has also been incorporated, with a resident's lounge and a games room with table tennis, air hockey and foosball tables.

[smartcode_project:default project_id=2064 project_image_fid=210654]

There's also a private cinema and karaoke room, along with steam rooms, a sauna, private bar dining and lounge areas, a rooftop garden, 25-metre heated lap pool, and an outdoor terrace with barbecue facilities and seating.&nbsp;

<h2>Southbank</h2>

South of the Yarra River has been another hotspot for buyers across March, with the well-connected suburb known for its vibrant atmosphere, modern architecture, and views of the city skyline.

The most recent collection of apartments to hit the market is the second tower in OSK Property's near $3 billion billion masterplan, Melbourne Square.

[smartcode_project:default project_id=107714 project_image_fid=211874]

The latest release, which follows the recently completed East Tower, comprises 610 one, two and three-bedroom apartments, starting from $521,000.

The tower is one of&nbsp;the first residential projects in Australia registered to pursue WELL Certification.&nbsp;It offers a podium gym, spa, sauna, and a 25 metre indoor swimming pool, as well as a Zen garden, alfresco dining area and BBQ facilities.

The tower is expected to be completed in late 2026.

[smartcode_project:default project_id=107714 project_image_fid=211872]

The most recently completed apartment tower in Southbank is Central Equity's FOCUS, which has proved a popular choice for locals who want to remain near the city while enjoying a neighbourhood feel.

The 50-level building, with a mix of one, two and three-bedroom apartments starting from $499,000, is ideally located on City Road.&nbsp;

[smartcode_project:default project_id=3260 project_image_fid=210866]

Buyers have been sold on the location of FOCUS, which places residents on the doorstep of the arts precinct and its upcoming $1.7 billion revamp.

"Southbank has a leafier feel than the city," Central Equity's Sales Manager Neil Singh&nbsp;says, adding that the suburb still offers all the pros of inner-city living.

[smartcode_project:default project_id=3260 project_image_fid=206134]

"Within minutes, residents can be at the NGV and Arts Centre, or walk less than a kilometre to reach the Queen Victoria Gardens."

<h2>Brighton</h2>

Melbourne's bayside has long been a sought after address for buyers, with more and more developers taking to the idyllic oceanside for their residential developments.

One of the most popular projects is Martin Brighton, a rare offering in the exclusive suburb due to its interiors, which have been crafted by the legendary Miriam Fanning's MIM Design.

Over 40 per cent of its 11 two and three-bedroom apartments have been snapped up. Luxury developer EBG Developments has recently released an incentive offer for buyers. Their discounted five per cent deposit (half of the standard 10 per cent deposit across other projects) - will sit in a high interest account and earn seven per cent per annum, until the project is completed, which is expected to be in early 2024.

[smartcode_project:default project_id=5495 project_image_fid=207664]

One of Brighton's most recently completed projects, 448 Brighton by Sunkin Property Group.

The project has just 20 apartments starting from $1.4 million.&nbsp;

It was designed by renowned architecture firm SJB and sits in landscaped gardens by the equally renowned Jack Merlo.&nbsp;

[smartcode_project:default project_id=31946 project_image_fid=211970]

The kitchens are the focal point of the apartment, featuring a sculpted natural marble stone benchtop and appliances by&nbsp;Gaggenau and Bora.

448 Brighton was named both after its location at 448 St Kilda Street, and its proximity to the beach, just 448 metres. It's on the doorstep of Elwood and Elsternwick Parks and a number of&nbsp;cafes, restaurants and private schools.

We've crunched the numbers and looked at the top three most searched suburbs in Victoria on Urban across March. 

Urban's most popular suburbs for Melbourne apartment buyers in March

A major construction milestone for the second 65-storey tourism tower at The Star Gold Coast has been ticked off, with the top of the 200 room 5-star hotel completed to level 21, which also includes a new luxury pool area and suite of residential amenity.&nbsp;

Joint venture partners The Star Entertainment Group’s Hong Kong-based partners, Chow Tai Fook Enterprises and <a href="/developers/far-east-consortium">Far East Consortium</a>,&nbsp;are delivering the hotel and apartment tower as part of the $2 billion masterplan, with project director Silas Croucher saying the concrete pour of level 21 represents completion of the first third of the tower structure.&nbsp;

“The top out of the hotel is a significant construction marker as the vertical build continues and we remain on track for an end of 2024 completion,” Croucher said.

<img alt="Render of The Star development pool area" data-entity-type="file" data-entity-uuid="76763fe3-e969-40e5-b601-1bd5ebd11ae3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/FAR1476_StarIRDGoldCoast_S250_EXT_ResiPool_FINAL_EpsilonFilter.jpg?VersionId=YhWVO85jPQPJUKw4a5hu7udv2uSk.ZiF" />Render of the $400 million The Star Gold Coast tower's pool area. Image supplied.&nbsp;

“The ongoing rise of the 200 metre high tower will be noticeable now as we see the structure rising at approximately one level per week.

“The glass façade installation is also underway and quite visible on the skyline, so it’s exciting to see the new tower starting to take shape."

The internal fit-out of the hotel is also underway, while 475 new car park spaces will soon be opened for public use.

The new five-star hotel will sit above the six-level podium connecting directly to The Star Gold Coast's other resort offerings via a continuation of the ground level boardwalk, a level three retail promenade and the recreation deck.

All 437 of the one, two and three-bedroom residential apartments in the second tower have been sold and are unconditional.

The Star Gold Coast General Manager Hotel and Residences Mark Hodge said The Star is proud of its ongoing investment and job creation in the city and the new tourism amenities, including events and conferring spaces, it is bringing to the region.

“We have mapped out a visionary masterplan and are expanding as a world-class tourism and entertainment destination in one of Australia’s biggest tourism markets,” Hodge said.

<img alt="Render of the new The Star development" data-entity-type="file" data-entity-uuid="ca6d33cd-36ea-4128-87b1-00f83c881168" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/FAR1476_StarIRDGoldCoast_S030_EXT_HeroFromMeriton_Final.jpg?VersionId=D7AAKeG3_5HEryIQ23h0Ero5l.um5.yF" />Render of the $2 billion masterplan at The Star Gold Coast. Image supplied.&nbsp;

“There has been great demand for the new The Star Residences and Dorsett Hotel since opening. And together with The Star Grand and the luxury all suite The Darling the current accommodation options at The Star Gold Coast is well over 1,100 rooms.&nbsp;

“By the time the new tower is complete we will have as many hotel rooms as Marina Bay Sands in Singapore."

Hodge says The Star is well down the green and gold runway with our suite of tourism, events and hospitality offerings as we countdown to the 2032 Olympic and Paralympic Games.”

The joint venture partners are also developing the transformational <a href="/new-apartments/queen-s-wharf-residences-23-margaret-street-brisbane">Queen’s Wharf Brisbane</a> project, which is due to commence a staged opening from December 2023.

<h3>Tower 2 fast facts:</h3>

<ul>
	<li>
	The tower building and residential apartments have been designed by DBI Design
	</li>
	<li>
	The hotel interiors have been designed by Hachem
	</li>
	<li>
	The appointed builder of the tower is <a href="/builders/multiplex">Multiplex</a>
	</li>
</ul>

[smartcode_project_cta:default project_id=7840]

All 437 of the one, two and three-bedroom residential apartments in the second tower have been sold and are unconditional

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