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?

Louise Melbourne, the striking Samuel Property-developed, Cera Stribley-designed apartment project just off Albert Park, has hit a major milestone.

The 16-level development, which launched last year, is now 70 per cent sold, after a strong run of sales in the first half of 2023.

Blair Property Group's Darren Blair, who is exclusively marketing Louise, says the majority of apartments have been snapped up by downsizers.

"Every purchaser from level 10 and above is a downsizer," Blair says.

"They picked up all of the big apartments on the sought-after north west corner, which will offer the best views in the building."

[smartcode_project:default project_id=112174 project_image_fid=199592]

Blair says there was a big run of sales to downsizers and owner-occupiers toward the back end of last year, and that's spilled into 2023.

"Buyers are starting to see some positives in the market in 2023", Blair notes.

"There's also a large cohort&nbsp;who are wanting to completely exit the rental market, as prices continue to trend upwards."

The diverse product mix in Louise, a mix 89 one, two and three-bedroom apartments, has seen a diverse number of buyers come through the door.

[smartcode_project:default project_id=112174 project_image_fid=199599]

Blair has said investors are slowly starting to come out of the woodwork, primarily from overseas, as local investors wait to see the RBA's next move.

The development team, led by prominent developer Samuel Property, are also well advanced in their construction phase. They're hoping to start demolition of the block of 1950s flats on the 1224 sqm site in March, with the aim of commencing construction on Louise in May.

Well regarded builder Hamilton Marino will be in charge of construction.&nbsp;

"They're a well versed builder with a good name in the market, which will breed further confidence for buyers," Blair added.

[smartcode_project:default project_id=112174 project_image_fid=199597]

Prices start at just over $500,000 for the one-bedroom apartments in Louise Melbourne, and $719,500 for the two-bedrooms.

Aptly named Louise, the site is&nbsp;situated on the north-west corner of Louise Street and Queens Lane, and is a nod to the surrounding art deco architecture, blending 1920's design charm with the sensibilities of modern urban living.&nbsp;&nbsp;

There's extensive resident amenity in the building. A swimming pool, which is located beneath a distinctive skylight, forms the heart of a wellness centre, which also features a steam room and a landscaped outdoor terrace that wraps around the communal areas.

[smartcode_project:default project_id=112174 project_image_fid=199646]

There's also&nbsp;a bookable private dining room, which comes with a fully-equipped kitchen, and a private lounge area, which has been designed as a&nbsp;space for more informal get-togethers.

Samuel Property,&nbsp;who since being founded in 2009 by its current Managing Director Illan Samuel, have predominantly concentrated on the high-end boutique owner-occupier market in some of Melbourne's most affluent suburbs.

Their last two projects have been Willow, just 14 apartments in Brighton, and most recently Edition in Toorak, on the dress circle Lansell Road, which has just three house-sized residences.

They have just received approval for 91 apartments across two five-level buildings on Phillip Island.

[smartcode_project_cta:default project_id=112174]

Blair Property Group's Darren Blair, who is exclusively marketing Louise, says the majority of apartments have been snapped up by downsizers.

Louise Melbourne hits 70% sold

Wanda Terraces is a new residential development that is set to raise the bar for luxury living.

Located at 14-16 Hawthorn Road, developers Platinum are set to offer timeless architecture and interiors in the new residential project, along with verdant landscaping and a range of amenities that are designed to provide residents with an unparalleled living experience.

Designed by award-winning Ewert Leaf, the oversized luxury apartments offer full customisation of layouts and finishes, ensuring that each home is unique and tailored to the individual needs of its residents.

Wanda Terraces comprises a mix of 24 two and three-bedroom apartments, with floorplans spanning from 90 sqm to 226 sqm.&nbsp;

[smartcode_project:default project_id=112388 project_image_fid=208647]

<h2>First-Class Amenities for a Convenient and Secure Lifestyle</h2>

Wanda Terraces is designed with convenience and security in mind. Every apartment comes with two car parks and features number plate recognition for added security. The development also features biometric fingerprint access security, ensuring that only residents have access to their homes and the communal facilities.

For added convenience, Wanda Terraces has a secure lock-up storage area for parcel deliveries, ensuring that residents never have to worry about missing a package delivery again. The development also features electric vehicle chargers, providing residents with a convenient and eco-friendly way to recharge their vehicles.

For pet owners, Wanda Terraces has a dog wash facility, making it easy to keep your furry friend clean and well-groomed. The development also features walk-in robes, providing residents with ample storage space.

[smartcode_project:default project_id=112388 project_image_fid=208650]

<h2>Oversized Gardens and Terraces for Outdoor Living</h2>

One of the standout features of Wanda Terraces is the oversized gardens and terraces that come with each apartment. The outdoor areas offer residents the perfect space for relaxing, entertaining, and enjoying the lush surroundings.

With landscaped gardens by John Patrick, residents can enjoy a tranquil and peaceful environment, right outside their door.

<h2>Perfectly Located in the Heart of Caulfield</h2>

Wanda Terraces is conveniently located close to Caulfield Park, the tram, and Malvern Central.

This means that residents are never far from the action, with a range of shopping, dining, and entertainment options just a short stroll away.

[smartcode_project_cta:default project_id=112388]

Wanda Terraces comprises a mix of 24 two and three-bedroom apartments, with floorplans spanning from 90 sqm to 226 sqm

Wanda Terraces: Delivering a new standard in luxury living to Caulfield North

One of Perth’s biggest shopping centres has been given the green light for expansion in Booragoon.&nbsp;

The major milestone development is located adjacent to Iris Residential’s apartment project, Amara City Gardens, putting residents in prime position of the $792 million expansion of Westfield Booragoon.

Planning Minister Rita Saffioti said the expansion of the popular and iconic Westfield Booragoon Shopping Centre will not only create new retail opportunities, but it will also improve amenity for the local community, with the redevelopment’s new leisure, hospitality and entertainment precinct.&nbsp;

“The project is the latest to be approved through the Part 17 pathway which is helping streamline the assessment of complex, significant projects, injecting significant investment into the State's economy and creating a pipeline of jobs for Western Australians,” Saffioti said.&nbsp;

[smartcode_project:default project_id=8266 project_image_fid=210093]

Residents of Amara City Gardens will have easy access to the new indoor/outdoor dining and entertainment precinct planned for the shopping centre, which will include landscaped and activated spaces, a town centre, and a new High Street linking Almondbury Road to Davy Street, connecting the Melville City Centre and Wireless Hill Park, in addition to creating easier links from Amara City Gardens to the centre.&nbsp;

With no need to worry about parking, resident’s will be able to walk their trolley to their door, with the new pedestrian links set to make it even easier, putting Amara residents within a short stroll of everyday necessities and leisure opportunities. &nbsp;

Stage One of the shopping centre expansion will include an upgrade to the existing cinema complex, as well as numerous food and beverage tenancies and a tavern. Retail will also be expanded, including a new boutique supermarket, a relocated and expanded Woolworths, and numerous mini and major speciality food tenancies, including a food laneway.

Stage Two will welcome an enhanced southern fashion mall, including an expanded and relocated David Jones, in addition to a number of mini and major retail upgrades.&nbsp;

[smartcode_project:default project_id=8266 project_image_fid=199958]

Over 70 per cent of the apartments in Amara City Gardens have already been sold, with prospective buyers still able to snap up a two or three-bedroom apartment in the ideally located development.&nbsp;

Life at Amara City Gardens is already convenient with dining, entertainment, medical services and retail on its doorstep. This expansion will further 
benefit residents with additional life changing amenities, giving them the gift of more free time. Amara City Gardens proves to be a sound investment&nbsp;due to its positioning next to not only the already iconic Westfield Booragoon Shopping Centre, but now Western Australia’s future biggest shopping centre.

The brand-new apartments are now complete and ready-to-move in, with two-bedrooms starting from $550,000 and three-bedrooms starting from $790,000

[smartcode_project_cta:default project_id=8266]

Amara City Gardens in prime position to take advantage of one of Perth's biggest shopping centres

Luxury penthouse offerings have become a must within Gold Coast apartment developments, and the latest project by Pacific View is stepping up to the plate with Navini.&nbsp;

Situated within the sought-after suburb of Bilinga, Navini takes advantage of its beachfront position, nestled between Currumbin and Coolangatta, and the village-like atmosphere of Tugun.&nbsp;

[smartcode_project:default project_id=113047 project_image_fid=206626]

Spanning two levels, Navini delivers two penthouses, the North and South Penthouse, which sit atop a further 13 apartments.&nbsp;

Delivering an expansive 445 sqm of living space, access to the residences is via a direct lift, with the crowning jewels of the project designed to embrace the indulgent sense of lifestyle penthouse living is supposed to offer.&nbsp;

Designed by Boker Architecture and the award-winning studio Boris Design, the penthouses feature four-bedrooms, in addition to four-bathrooms and two car spaces, with residents set to benefit from further amenity in the form of an exclusive rooftop master suite and private plunge pool.&nbsp;

[smartcode_project:default project_id=113047 project_image_fid=206632]

The expansive living spaces are made up of a refined palette inspired by the neighbouring coastline, with custom joinery, timber flooring, stone benchtops and premium Miele appliance fitting out the residences.&nbsp;

Construction is due to kick off shortly on the project, with Groupline Construction set to bring over 60 years of experience to the build.&nbsp;

Completion of Navini is slated for the second half of 2024.

[smartcode_project_cta:default project_id=113047]

Inside the expansive penthouses crowning Navini, Bilinga 

While construction costs still plague the industry across the country, a number of developers are still well on track to complete their residential projects.

We've looked across Melbourne and have picked the top three developments set to complete construction this year.

<h2><a href="/buildings/forme-57-stables-circuit-doncaster">FORME</a> 
Developer: <a href="/developers/mirvac">Mirvac</a></h2>

ASX-listed developer Mirvac's latest residential project, FORME, the last stage in the&nbsp;group’s popular masterplanned Doncaster community, Tullamore, is on track to be completed this year.

Construction is expected to&nbsp;wrap up sometime in the middle of the year.

[smartcode_project:default project_id=100322 project_image_fid=163024]

There are just two-bedroom apartments remaining in the development, which have been designed by Mirvac’s award-winning, in-house design team.&nbsp;

The expansive two-bedders include large kitchens and light-filled living and dining areas, which seamlessly connect to outdoor living spaces, in the form of terrace balconies, with lush garden planters designed by renowned landscape architect, Paul Bangay.&nbsp;

Following an open-plan design, the kitchens incorporate reconstituted stone benchtops, along with brushed platinum tapware, fluted glass cabinetry and Miele appliance.&nbsp;

[smartcode_project:default project_id=100322 project_image_fid=163036]

Full height, double glazed windows and sliding doors aid in the transition from indoor to outdoor living within the homes, whilst also inviting an abundance on natural light in.&nbsp;

FORME will comprise 92 apartments upon completion, and will sit alongside the sold-out Phoenix and Folia.&nbsp;

<h2><a href="/buildings/due-north-preston-70-82-high-street-preston">Due North</a></h2>

Popular for a combination of its rooftop amenity and low entry point, Due North, the Preston development by Caydon, will complete construction in 2023.

The project on High Street, in the heart of the action, will have 107 apartments across 12 levels.

Prices start from $610,000 for the two-bedroom apartments.

[smartcode_project:default project_id=5502 project_image_fid=155330] 
&nbsp; 
Located just 20-minutes from the Melbourne CBD, Due North draws on the suburb’s rich history, with its vibrant culture and diversity.&nbsp;

A maximum of 12 apartments will be spread across each level, with a mix of one and two and three-bedroom residences, along with a dedicated communal rooftop space, a co-working area in the lobby and three retail spaces.&nbsp;

The rooftop is the focal point of the resident amenity, featuring space for a work-out, a dedicated yoga lawn and gym area with weights and aerobics equipment.

[smartcode_project:default project_id=5502 project_image_fid=155342]

The façade of the tower will display an industrial yet elegant aesthetic, with raw brickwork, exposed concrete, custom metalwork and glass, while internally, the apartments boast an array of stylish features, including timber floorboards, floor-to-ceiling windows, plush carpets in bedrooms, stone benchtops, integrated Baumatic appliances with optional Smeg upgrade and ample storage.

<h2><a href="/buildings/gramercy-terraces-38-bendigo-street-richmond">Gramercy Terraces</a> 
Developer: <a href="/developers/lendlease-development">Lendlease Development&nbsp;</a></h2>

Lendlease's Gramercy Terraces, which are being built on the Richmond site once home of the Nine Network studio, are expected to complete in late 2023.

A majority of the 31 three and four-level terraces were purchased before construction even began, with all four-bedders completely sold. Just a selection of three-bedroom configurations remain.&nbsp;

[smartcode_project:default project_id=95458 project_image_fid=201245]

The terraces have been designed to bring in as much natural light as possible. Each terrace features a full void and a backyard, while some have&nbsp;rooftop terraces with city views.&nbsp;

The architecture drew inspiration from the iconic Federation-era red brick of Bendigo Street, paying homage to those who formerly resided there.&nbsp;

[smartcode_project:default project_id=95458 project_image_fid=201243]

Each home will be filled with pieces by artisan brands, including Jean Francois D'or pendant lights, Astra Walker tapware and Signorino stone benchtops.&nbsp;

The terraces have been designed&nbsp;to achieve a 6.5-star average NatHERS rating, with precast concrete partition walls and suspended concrete slabs used for greater thermal comfort and acoustic performance.

We've looked across Melbourne and have picked the top three developments set to complete construction this year

Melbourne off the plan apartment developments completing construction in 2023

Nearly seven years after buying a development site in Brisbane's Albion, property investment specialist OpenCorp has finalised what it wants to do with it.

Opencorp, founded by&nbsp;Matthew and Allister Lewison in 2005, have filed plans for two 11-storey towers at 31 Dover Street, Albion, a 5,600 sqm site they bought for $11 million in 2016.

They've had Hayes Anderson Lynch (HAL) draw up the plans for the development, which will home 218 one, two and three-bedroom apartments across both stages.

HAL have pointed the two towers together to form a V shape, which helps maximise daylight and passive ventilation to all sides of the development. They also prioritized&nbsp;views towards the project’s green spaces, as well as the wider city skyline. The premium apartments toward the top of the towers will have uninterrupted city vews.

<img alt="Render of the Dover Street site" data-entity-type="file" data-entity-uuid="b6853f3d-4f4b-42bd-b0eb-98201bfe9fef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-09%20at%203.46.06%20pm.png?VersionId=bxXBnbheep8Z4OUXdY96R.C7JTCKMuP5" />Render of the Dover Street site in Albion. Credit: HAL Architects.

The 'V' shape allows for a larger average setback to the side boundaries and street frontage of the development, while also increasing the average setback between towers, which supports the ground floor communal space. This 'V' shape also ensures that each residence's balcony to the inside of the site has a view into the communal courtyard and away from the other tower.

A lush oasis will be developed across the ground floor, with the communal area featuring a gym, functional space and barbecue facilities, along with a variety of seating areas nestled within verdant landscaping.&nbsp;

Each of the towers will also include a communal rooftop area, offering views toward the city and across the surrounding suburb. They will each have their own pool.

<img alt="Render of the Dover Street site" data-entity-type="file" data-entity-uuid="b4af8bed-e2dc-40c5-b7fd-9857794fbbda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-09%20at%203.45.28%20pm.png?VersionId=uyosSIdzYoTUSummxbDF3HVGuBlD_Ioh" />Render of the Dover Street site in Albion. Credit: HAL Architects.

OpenCorp co-founder Allister Lewison says the project will suit those buyers who are priced out of neighbouring Newstead.

"We're located in a pocket where we're surrounded by Newstead, Hamilton, and Ascot, some of the more affluent suburbs in Brisbane,"&nbsp;Lewison said.

When developing plans for the project, the team commissioned&nbsp;The National Property Research Co. to dig into the demographics of Albion, which found the average Albion resident is getting younger.

"We conducted our research and found a lot of mid 20s and 30-year old renters living in neighbouring areas aren't likely to be able to afford the increasingly unaffordable suburbs," Lewison says.

"We've created a product mix where we can offer something for the first home buyer, as well as rightsizers and young families.

The The National Property Research Co. report says around one third of Albion's population sits in the in the 25 to 34 age bracket. They said employment opportunities, as well as the suburb's&nbsp;location and proximity to entertainment precincts such as Race Course Road, James Street and Fortitude Valley, have been driving factors in the millennial demographic surge.

Lewison expects there to be a good balance between both owner-occupiers and investors, given soaring rents and the extensive infrastructure planned in the area as part of the 2032 Brisbane Olympics.

Last year the Brisbane City Council announced Crosby Park and the Albion Park Raceway, less than 100 metres from the Dover Street site, would be redeveloped into a 29 hectare sports precinct which will include the&nbsp;Brisbane Indoor and Para Sports Centre for the Olympic Games.

<img alt="Render of the Dover Street site" data-entity-type="file" data-entity-uuid="2402b68b-9efa-43f4-a995-9a8a93f2e442" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-09%20at%203.44.55%20pm.png?VersionId=X1K6KNwqGVCpPQlOcOImnPYHsylvEIot" />Render of the Dover Street site in Albion. Credit: HAL Architects.

Celebrating Brisbane’s subtropical environment, landscaping and subtropical design are integral to the Dover Street development’s design. Landscape elements have been integrated throughout the building, from the green spaces along the street, to the communal courtyard which will be located toward the back of the development. Planter boxes will also be used on the facade, which will not only support the green environment but also add a layer of detail to the facade.

The site will embrace its inner-city locale, providing over 270 resident and visitor bike parking spaces, while also being near to the Albion Train Station, in addition to a number of bus stops, helping to reduce the reliance on car transport.&nbsp;

[smartcode_project_cta:default project_id=138619]

Opencorp, founded by Matthew and Allister Lewison in 2005, have filed plans for two 11-storey towers at 31 Dover Street, Albion, a 5,600 sqm site they bought for $11 million in 2016.

First look exclusive: OpenCorp lodge plans for Albion apartment development 

Australian developer Third.i, and real estate private equity group Phoenix Property Investors have further expanded their partnership in Sydney, acquiring the last two of Sydney Metro’s Crows Nest over station development sites in the Lower North Shore.

The joint venture acquired the site via Private Treaty with Sydney Metro and the NSW Government, with the deal negotiated by&nbsp;Third.i’s Head of Acquisitions, Florian Caillon, and Sydney Metro’s commercial team.

The Crows Nest over station development is situated over the new Crows Nest Metro Station, which is due to be operational by 2024. As one of six new stations planned for the Sydney Metro City and Southwest regions, the new developments will extend the Metro Rail from Chatswood, under the Sydney Harbour and through the Sydney CBD to Bankstown.

The concept proposal for both over station developments was approved by the Minister for Planning and Public Spaces in December 2020, with the first site, referred to as Lot A, set to deliver an innovative commercial and retail development above the station, with plans to have health and wellness at the forefront of design.

The second site, Lot B, will deliver a mixed-use site consisting of ground floor retail with an overhead residential offering, helping Crows Nest secure its place as one of the best areas to live, work and play on Sydney’s Lower North Shore.

Co-founder &amp; Director of Acquisitions at Third.i, Bob Huxley said the project will be a legacy development for Third.i and will add significant value to the Crows Nest community.

“Third.i is extremely excited to commence a relationship with Sydney Metro and the NSW Government and work with them to deliver what will be an outstanding, market-leading project for the Sydney region,” said Huxley.

“We have an established network of retail operators, and have already had a number of world class businesses express an interest in pre-committing to space at the Crows Nest over station development, which is just incredible. It really demonstrates the demand and need for this type of development in Sydney’s Lower North Shore."

With the acquisition bringing Third.i's overall project pipeline to over $4 billion across Australia and the UK, the project will also mark the fifth joint venture for Third.i and Phoenix Property Investors.

Trent Winduss, Head of Australia at Phoenix Property Investors, said they were excited to continue their strong track record with Third.i, which has proven success especially across Sydney's North Shore.&nbsp;

“This includes the selling out of the major residential project Balfour Place in Lindfield as well as the sale of the Blue &amp; William commercial precinct in North Sydney to Lendlease that was acquired by Keppel REIT," Winduss concluded.&nbsp;

Read more on residences set for above new Sydney Metro stations:

<a href="/news/nsw/first-look-designs-revealed-for-towers-above-parramatta-metro-station">First look: Designs revealed for towers above Parramatta Metro Station</a>

<a href="/news/nsw/first-look-towers-planned-above-new-sydney-olympic-park-metro-station">First look: Towers planned above new Sydney Olympic Park Metro Station</a> 
&nbsp;

Third.i and Phoenix Property Investors team up for Crows Nest over-station development

Gramercy Terraces may be centrally located in the eastern pocket of Richmond, but Developer Lendlease have drawn its inspiration from New York to create the residential development.&nbsp;

Not just a name, but a word synonymous with music greats and a grand Manhattan hotel with an inspiring rooftop terrace vibe, Gramercy is also the name of an independent record label, as well as New York’s Gramercy Park Hotel, which has played host to music legends from Bob Dylan to Bob Marley and features a notable rooftop terrace perfect for inspiring alfresco entertaining.&nbsp;

“With the rich on-site musical history of our own Gramercy Terraces, the nod to music legends, alfresco entertaining and grand luxury was the perfect composition,” the group say.&nbsp;

[smartcode_project:default project_id=95458 project_image_fid=201245]

Gramercy Terraces will deliver a collection of just 31 three and four-level, individually titled three and four-bedroom townhouses.

The development presents the final opportunity to own a rare freehold property within the heritage precinct on Bendigo Street, which was home to the former ‘Studio Nine’ as well as once being the site of the Wertheim Piano Factory.&nbsp;

Gramercy Terraces offer a sanctuary within the inner-city, with light filled stairwells that cascade natural light and spacious individual rooftop terraces with city views.

Construction on stage one of the project is progressing well, says Lendlease, with Balmain &amp; CO continuing to impress with their attention to detail.&nbsp;

[smartcode_project:default project_id=95458 project_image_fid=201244]

The final release of three-bedroom residences are currently selling, spanning from 222 sqm, with each buyer given a complimentary Interior Decoration Service by Coco Republic and a 15 per cent discount across their furniture and homewares range.

Future residents will benefit from amenities on their doorstep, sitting within close proximity to restaurants, cafes and boutiques on Swan Street and easy connection to the rest of the city from Burnley Station.

The precinct will also target a 6-star Green Star Communities rating from the Green Building Council of Australia, representing a world standard in sustainable design.

Gramercy Terraces will be joined in the precinct by Ardency Kennedy Place, Lendlease’s five-star luxury retirement living community, a new onsite café and provedore and the existing Richmond Community Learning Centre.

[smartcode_project_cta:default project_id=95458]

Gramercy Terraces draws inspiration from New York rooftop terraces for its design

Just seven weeks after the rezoning of the Bella Vista precinct, Sydney developer Landen has filed plans to create a six-building project just off Old Windsor Road.

The project at 40 Memorial Avenue, an 18,790 sqm site Landen secured toward the back end of last year, will have 244 apartments and will take advantage of the rezoning, which now allows for a mix of R4 high-density residential and R3 medium density residential.

<img alt="Landen" data-entity-type="file" data-entity-uuid="c4f99e71-e006-456b-9d32-ffc4feeb82e4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-08%20at%202.41.12%20pm.png?VersionId=tP_QwxysXx2a93KKmMzmrqqlUvrfzWiD" />

The six buildings will rise between five and seven storeys, and will sit in 9560 sqm of landscaping, almost half of the size of the site.

Just over 20 per cent of the development will be one-bed apartments (50 units), a mix of smaller and larger configurations (some at 58 sqm).

Nearly 60 per cent of the apartments on offer will be two-bedders (127 units), again with a collection of larger two-bed apartments at 110 sqm.

The remanining apartments are three bedrooms (47), and will have some larger product spanning 135 sqm. There will also be a handful of two-level townhomes.

In the design statement submitted to the Hills Shire Council, architecture firm Turner said the&nbsp;architectural form seeks to acknowledge its surroundings in its design strategy.

<img alt="Bella Vista Landen" data-entity-type="file" data-entity-uuid="e04f0a3f-3302-489c-a109-3dec63ea303c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-08%20at%202.41.19%20pm.png?VersionId=A8ZQFSUumGg_G8T9m_Utyv9fD.js0cLM" />

"The proposed development will provide a built environment suited to the context that responds to the desired future characteristics of the area, while taking cues from the existing context in terms of landscaping and materials."

They cited the local Bella Vista Farm, which was established in the late 1700s, as an inspiration for their design of the new project.

"The proposed design seeks to be place-specific and connected to the history of the area. We aim to reinterpret historical references in a new and contemporary manner."

It's the homestead in particular Turner reference.

<img alt="Turner" data-entity-type="file" data-entity-uuid="28492b44-0c76-4345-b095-d9f5ea0f45ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-08%20at%202.50.06%20pm.png?VersionId=_2hXCRZDrFE.j6aAusdiRiWDsQzLZkYU" />

"Due to its cultural significance to the nation, Turner feels it is appropriate for the proposal to pay homage to the existing landscape, use and architecture of the area by setting buildings within the landscape and taking design cues from Australian vernacular architecture as exemplified by this two-storey homestead within the Bella Vista Farm complex."

The project will be delivered in three phases; the first demolition and two new roads, and half of the buildings. The final three buildings, including a landscaped podium with a resident swimming pool connecting two buildings, will be part of phase two. Phase three will see a community area and park developed.

There will be sustainability initiatives at the project, including provisions for 100 per cent charging EV, low e-glazing, and bicycle parking.

The project, to be delivered in three phases, will have 244 apartments and will take advantage of the rezoning, which now allows for a mix of R4 high-density residential and R3 medium density residential.

Landen plot $107 million, 224-apartment development in Bella Vista after rezoning

The Marina Mirage, the longtime hub of popular Gold Coast beachside suburb Main Beach, is set for a $500 million redevelopment by its owner, South Australian shopping centre tycoon Con Makris.

Makris, who has owned the Marina Mirage at&nbsp;74 SeaWorld Drive, Main Beach, since 2013, has filed plans for a full redevelopment which will turn it into a world-class destination for both Australian and international tourism.

<img alt="Marina Mirage" data-entity-type="file" data-entity-uuid="7f736e58-8b58-4726-acfa-800d7a221567" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-08%20at%208.27.12%20am.png?VersionId=g5p9LoSWWh8cQs0Rml8cP.1s99jFsnhg" />

There's a limited opportunity to buy into the exclusive project which fronts SeaWorld Drive, Palazzo Versace, Mariners Cove and Broadwater.

As well as an extensive retail and dining precinct and a 110-room hotel, which will come with all the trimmings expected of a high-end hotel, on offer will be 44 apartments and 46 villas.&nbsp;

There will be just four four-bedroom offerings, 56 three-bed residences, and 32 two-beds.The villas will be spread across four buildings, either side of the central pool, and the two residential buildings pointing toward the hotel block.

<img alt="Marina Mirage" data-entity-type="file" data-entity-uuid="b6d2cd86-c292-40fb-b269-b734ee2c84c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-08%20at%208.19.09%20am.png?VersionId=z.u1erTfnV0CII3vHPvaVP39eJVoNDez" />

Extensive amenity is spread across a number of areas. A ground floor pool will dissect the whole development. A further three swimming pools are planned, across three different rooftops, one of which (crowning the hotel) will have a bar and a seating lounge.

Melbourne architect Elenberg Fraser has handled the design of the seven-building project, with each structure having a height limit of 15 metres, or three levels.

The architecture firm, who have designed Vitale's mixed-use project The Mondrian in Burleigh Heads, will be keeping the iconic Marina Mirage sails. They will be reintroduced as part of the development at the same height as they currently are. They've been the entry point to Main Beach since the Marina Mirage opened in 1998.

<img alt="Marina Mirage" data-entity-type="file" data-entity-uuid="4d1b0fad-d487-4436-846c-13cfd6c83393" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-08%20at%208.27.24%20am.png?VersionId=dl5LwF1TKbmV4BIu0q1tqrEwlF2cUfml" />

The buyer profile of the apartments and villas has also been highlighted in the documentation submitted to the Gold Coast City Council.

Makris expects the project to suit retirees, independent and affluent buyers, well established couples, and families.

They will enjoy beach leisure, fine dining, museums and galleries, and cultural exploration.

The report even goes as far as what they desire. Health and well being, quality family time, reduced maintenance, and ownership and freedom are the key desires of the future buyers.

Elenberg Fraser wanted to bring a level of coastal ecology to the project.

<img alt="Marina Mirage" data-entity-type="file" data-entity-uuid="45cb1407-e971-4a73-a28d-4bb95a73bbe4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-08%20at%208.26.32%20am.png?VersionId=dU70UBYic2yvDBjVJ76swYzcPY96MMvu" />

"Historically, the relationship between people, plants and animals has been one of dependence and happy coexistence," the report by Elenberg Fraser noted.

"However, since colonisation people have become increasingly isolated from both plants and animals in their natural habitat. Instead of vegetated landscapes teeming with life, animals and plants have been pushed out of the hard urban environment of our cities."

They say Marina Mirage will reconstruct this ecosystem.

I"t will be a cohesive, wholistic environment, where people live in the landscape with animals, forming relationships with place.

"This re-wilded site will be heavily planted with native species, allowing native animals to return home, co-existing harmoniously with people."

<img alt="Marina Mirage" data-entity-type="file" data-entity-uuid="634ca1c9-3809-42cf-83b3-2b601f9ec808" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-08%20at%208.26.42%20am.png?VersionId=08lMJ6iG75722Y.xWC9EJ3KVwqZsD1Dq" />

Outdoor spaces were also a key element in the design process of both the apartments and the wider project.

"With more than 300 ‘comfortable’ days in Gold Coasts subtropical climate, outdoor spaces are critical in making the most out of our environment.

"Green spaces, balconies, terraces, laneways and water areas provide a seamless transition from indoor to outdoor, public and private and generate a greater thermal environment.

"The consideration to city rooms encourages occupation with public congregation spaces that have access to natural air and subtropical vegetation. Balconies laneways and terraces allow for indoor and outdoor spaces to be protected by natural elements; sun, wind and rain, and transforms the areas by creating private and public spaces.

"Outdoor spaces are especially relevant in ensuring the typology is activated and engaged by the city and its occupants. It encourages outdoor spaces within the building to create habitable green and elevated areas for entertainment."

Fast facts about the Marine Mirage redevelopment

<ul>
	<li>2,421 sqm of retail</li>
	<li>6,591 sqm of resort area</li>
	<li>10,852 sqm of villa area</li>
	<li>7,397 sqm of residential area</li>
	<li>4,695 sqm of landscaping</li>
	<li>110 resort rooms</li>
	<li>44 apartments</li>
	<li>46 villas</li>
	<li>381 carparks</li>
</ul>

Makris expects the project to suit retirees, independent and affluent buyers, well established couples, and families

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