A trio of Queensland property groups have unveiled plans for a $300 million mixed-use redevelopment of the former Noosa Bowls Club site, a proposal that would deliver more than 200 new homes in one of the Sunshine Coast's most supply-constrained markets.

Kilter Property, Frank Developments and Calile Malouf Investments are behind the plans for the 1.8-hectare site at <a href="https://www.apartments.com.au/new-apartments/99-noosa-drive-noosa-heads-qld-4567">99 Noosa Drive</a>, which would transform the long-vacant site into a new residential precinct featuring 208 apartments, retail, hospitality and public space.

The proposal comes as Noosa continues to grapple with housing affordability and a shortage of permanent accommodation, particularly for key workers. The site's location in Noosa Junction, close to shops, public transport and employment, aligns with the direction of Noosa Council's Housing Strategy, which encourages higher-density housing within established activity centres rather than continued urban expansion.

The draft plans include 48 affordable-by-design apartments and 48 rooming accommodation units aimed at key workers. Around 2,000 sqm of ground-floor retail and food and beverage space would activate the street frontage, alongside a new public town square and landscaped open space.

<img alt="Noosa" data-entity-type="file" data-entity-uuid="2dd02f53-1360-4e51-801e-bfd61a6c980e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-26%20at%208.44.34%E2%80%AFPM.png?VersionId=x1iNs3BSMN6Jy7YUwaBZMHRrrKX2hMpy" />

&nbsp;

Frank Developments Founder and Director Frank Licastro said the development would continue the company's focus on architecturally-led residential projects while addressing one of the region's biggest challenges.

"Not only will this project exude a sense of luxury, it will also enhance not only the built environment but also the surrounding community," Licastro said.

"Noosa's success relies on the people who live and work here. Providing well-designed accommodation for key workers is critical to supporting the local economy and ensuring the Shire can continue to thrive."

Kilter Property Co-Founder Huw Williams said the focus was on delivering additional permanent housing while creating a mixed-use destination that benefits both residents and the wider community.

"Our focus is on delivering a well-considered mixed-use project that provides more permanent housing options, supports local workers and businesses, and delivers an exceptional product for the local market," Williams said.

"The redevelopment vision aligns with the long-term evolution of Noosa Junction as a vibrant activity centre, creating a destination that enhances the area's character while delivering significant economic and community benefits."

Calile Malouf Investments, best known for its role in Brisbane's James Street precinct and The Calile Hotel, will bring its place-making experience to the project. The company recently commenced construction on The Calile Noosa hotel and says the residential development will complement its growing investment in the region.

CMI Director Cal Malouf said the aim was to create a walkable precinct combining housing, retail and hospitality while remaining true to Noosa's character.

"We see a similar opportunity in Noosa to deliver a vibrant, walkable destination that combines exceptional housing, hospitality and retail in one integrated project," Malouf said.

Brisbane-based Cavill Architects has been appointed to design the project.

Joel Robinson

Noosa Bowls Club to be redeveloped into mixed-use apartment precinct

One of Brisbane's last major riverfront redevelopment opportunities has taken a significant step forward, with Lendlease selected as the Queensland Government's preferred development partner for the former Visy site in South Brisbane.

The seven-hectare industrial site, positioned between South Bank and West End and 1.3 kilometres from the Brisbane CBD, will be transformed into a mixed-use precinct expected to deliver more than 4,000 new homes alongside extensive public open space and riverfront parkland.

The project is one of the largest urban renewal opportunities currently planned in Brisbane and is expected to play a key role in accommodating the city's growing population ahead of the 2032 Olympic and Paralympic Games.

Plans for the precinct include a network of riverfront promenades and boardwalks, new public plazas, parkland, amphitheatre-style gathering spaces and shared pedestrian and cycling links designed to reconnect the long-isolated site with the Brisbane River.

The Queensland Government is targeting delivery of the first homes and key public spaces before the 2032 Games, allowing the precinct to begin contributing new housing and public amenity well before the broader masterplan is complete.

The redevelopment is also expected to support more than 3,000 jobs across planning, construction and ongoing operations.

For Lendlease, the appointment adds another major urban regeneration project to its Queensland portfolio. The developer has operated in the state for more than 70 years and has delivered a number of large-scale mixed-use precincts in partnership with government.

Lendlease Development CEO Claire Johnston said the project represented one of Brisbane's most significant redevelopment opportunities.

"The transformation of the former Visy site represents a rare opportunity to reimagine one of Brisbane's most significant riverfront locations, deliver thousands of much-needed homes, and create long-term legacy," Johnston said.

"In partnership with the Queensland Government, we have the opportunity to create a new riverside destination that will help shape Brisbane's growth and how people experience the city for decades to come.

"This is exactly the type of large-scale, city-shaping development that will provide lasting benefits for Queensland, bringing together housing, jobs and world-class public spaces."

Deputy Premier and Minister for State Development, Infrastructure and Planning Jarrod Bleijie said the riverfront transformation would deliver a thriving new community precinct.

“The Crisafulli Government is delivering this golden opportunity to unlock a riverfront jewel for all Queenslanders,” Deputy Premier Bleijie said.

“This is a once-in-a-generation moment to reshape a significant slice of Brisbane and deliver lasting benefits – thousands of new homes, and public spaces for all Queenslanders to enjoy well beyond the 2032 Olympic and Paralympic Games – unlike Labor’s plan which would have delivered zero benefits and zero new homes.

“Queensland is well and truly open for business and through partnership with the private sector, we are accelerating delivery while ensuring strong housing, community and economic outcomes."

Early works on the precinct are expected to commence in April 2027.

Lendlease selected to deliver transformative South Brisbane riverfront precinct

Eddy Haddad's <a href="https://www.apartments.com.au/developers/level-33">Level 33</a> is levelling up its approved Wollongong development, as the coastal city south of Sydney continues to prove popular in the high-density development space.

Level 33, a longtime developer in the Wollongong area, has gone through the NSW Government's Housing Delivery Authority to upsize its approved two-tower development on the corner of Crown Street and Gladstone Avenue, just 100 metres from Wollongong Station.

The developer currently has approval for 252 apartments across two buildings rising to 19 storeys. It is now seeking approval for 33 and 38-storey towers that would deliver 467 apartments, including 67 affordable homes.

Designed by <a href="https://www.apartments.com.au/architects/bka-architecture">BKA Architecture</a>, the development would comprise apartments above a three-level podium with around 1,100 sqm of retail space, along with basement parking for 448 vehicles.

According to the Urban Design Report by BKA, the proposal has the capacity to "reinforce the precinct's identity by strengthening links between health, education, and transport services, while also contributing to Wollongong's ongoing evolution as a key regional centre."

Wollongong is somewhat in vogue. Between Level 33 and Urban Property Group, the two developers have several thousand apartments planned across the city.

Level 33 is currently delivering Easterly Wollongong, one of its most boutique projects to date with just 21 high-end apartments, as well as Atchison &amp; Kenny, a 329-apartment development due for completion later this year.

The developer plans to redevelop the 13,088 sqm WIN Grand megasite into <a href="https://www.apartments.com.au/new-apartments/crown-square-216-238-keira-street-wollongong-nsw-2500">Crown Square</a>, a new $500 million precinct with nearly 600 apartments. It also has more than 900 apartments planned for the former Bunnings Warehouse site at the intersection of Gipps and Flinders streets.

Urban Property Group is also playing a major role in the city's transformation. Its five-tower Keira Place precinct will deliver more than 800 homes, and it has recently lodged plans for a further 300 apartments near Wollongong Station.

First look: Level 33 upsizes Wollongong apartment towers

Just a week after filing plans for the final stage of its major Keira Place masterplan, <a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has unveiled another significant housing proposal in Wollongong, this time targeting a prominent site opposite North Wollongong Station.

The developer has lodged a State Significant Development Application for a 38-storey mixed-use tower at <a href="https://www.apartments.com.au/new-apartments/4-4a-flinders-street-north-wollongong-nsw-2500">4-4A Flinders Street</a>, around one kilometre north of the <a href="https://www.apartments.com.au/new-apartments/keira-place-wollongong-120-122-smith-street-wollongong-nsw-2500">Keira Place precinct</a> currently taking shape on the edge of the CBD.

<img alt="First look: Urban Property Group plans 38-storey North Wollongong tower as Keira Place expansion gathers pace" data-entity-type="file" data-entity-uuid="2b6428f1-6405-4038-8476-897de440e90d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/flinders%20podium.png?VersionId=QLqEvK0OuCEwRC47oHNftrw2B1YqaHF8" />

Designed by Studio.SC, the proposal comprises a 38-storey mixed-use development containing 303 apartments, including 45 affordable housing units, alongside 174 co-living residences. The scheme also includes ground-floor retail space, extensive landscaping and public domain improvements.

Studio.SC noted in the proposal it "outlines a vision for a landmark transit-oriented mixed-use development centred around North Wollongong Station, designed to support the city’s future growth while responding to the NSW Government’s housing and planning reforms."

The architecture firm said the proposal responds to the opportunities and constraints shaping future growth within the 400-metre catchment of the station and represents "a coordinated and future-focused approach to urban intensification, contributing to the long-term evolution of North Wollongong as a connected, walkable and high-density station precinct."

The site occupies a strategic corner bounded by Flinders Street, Station Street, Stafford Street and the Princes Highway, directly opposite North Wollongong Station.

<img alt="First look: Urban Property Group plans 38-storey North Wollongong tower as Keira Place expansion gathers pace" data-entity-type="file" data-entity-uuid="7863adad-1f71-4022-b850-f44b252738fd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/flinders%20podium%20a.png?VersionId=WsU7av0g8_8R2tGHWxgHeFSlhu7yeY1V" />

The proposal follows Urban Property Group's recent submission for the second and final stage of Keira Place, which would deliver a further three buildings comprising 657 homes opposite Beaton Park. It builds on the first stage, which features 150 apartments across two towers and recently commenced construction.

Urban Property Group CEO Patrick Elias said breaking ground on the first stage marked a significant milestone for Wollongong and reflected the developer's long-term commitment to regional cities.

"Today's groundbreaking is about turning approvals into homes and moving quickly to deliver much-needed housing in Wollongong's city centre," Elias said.

"Keira Place will provide a diverse mix of homes close to jobs, transport and services, while setting a high benchmark for quality, durability and consumer protection."

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/urban-property-group-unveils-trio-of-towers-for-next-stage-of-new-wollongong-precinct-keira-place">Urban Property Group unveils trio of towers for next stage of new Wollongong precinct, Keira Place</a>

First look: Urban Property Group plans next major Wollongong tower

<a href="https://www.apartments.com.au/developers/arada">Arada Australia</a> has wasted little time expanding its ambitions in Campsie, lodging plans for a second major project in the rapidly transforming town centre just months after unveiling its three-tower One Campsie proposal on Beamish Street.

The UAE-backed developer has now taken aim at one of the suburb’s most strategically positioned sites, filing a State Significant Development Application for a <a href="https://www.apartments.com.au/new-apartments/10-north-parade-campsie-nsw-2194">33-storey mixed-use tower</a> at 10 London Street and 43 North Parade, directly opposite the future Campsie Metro Station. The proposal is currently on public exhibition and represents another significant vote of confidence in Campsie's emergence as one of Sydney’s key transit-oriented growth centres.

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the development would deliver 156 apartments above a podium containing retail and commercial space, creating a new residential and commercial gateway to the town centre. The scheme also includes a four-level above-ground parking podium and a dedicated residential amenity floor featuring wellness and recreation facilities. At least 10 per cent of the apartments would be allocated as affordable housing for a period of 10 years.

The proposal occupies a 1,631 sqm site bounded by London Street, North Parade and Dispensary Lane, immediately adjoining the future Metro station precinct and just metres from Beamish Street’s retail and dining strip. According to the Urban Design Report, the project seeks to deliver "a great place that prioritises human-scaled experience and provides spatial improvements to the area."

<img alt="First look: Arada doubles down in Campsie with 33-storey Metro-front tower plans" data-entity-type="file" data-entity-uuid="175a8324-015b-4856-abe3-ce6f23199fa7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium%20campsie.png?VersionId=742UGwXFhFBX4GEl6wX4PYIWREAgn6il" />

Woods Bagot describes the tower as a key marker within Campsie's next phase of growth.

"Located directly opposite the new Campsie Metro Station on North Parade, 10 London Street is a thoughtfully composed 33-storey mixed-use tower that contributes to the ongoing transformation of the town centre," the Architectural Design Report states. The report says the project is intended to provide "high-quality homes within a vibrant, connected urban environment, while helping define Campsie's future skyline."

A strong emphasis has been placed on the public realm. The ground floor incorporates over 500 sqm of retail space and active frontages along both London Street and North Parade, while the podium is wrapped by extensive landscaped planting intended to soften the building's scale and strengthen the pedestrian experience. The development would also widen surrounding footpaths and improve connections between the Metro station and the broader town centre.

Above the podium, residents would have access to more than 1,400 sqm of communal amenities, including a pool, gym and landscaped recreation spaces. A distinctive green-wall treatment extending across four podium levels forms a major architectural feature, helping differentiate the project within the emerging high-density precinct.

The tower's design is closely tied to the broader Campsie Town Centre Master Plan and the arrival of Sydney Metro. The Urban Design Report notes the proposal "directly supports the Campsie Town Centre Master Plan by delivering new homes in a location explicitly identified for growth, improved accessibility, and high-quality urban renewal." It adds that the project contributes to the master plan's vision for a strengthened town centre supported by thousands of new homes around the future Metro station.

<img alt="First look: Arada doubles down in Campsie with 33-storey Metro-front tower plans" data-entity-type="file" data-entity-uuid="bfd17654-253e-489a-bade-6278d63db412" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/base%20campsie.png?VersionId=3roJPMQGs36dazpkhvpvbDDP73Ld.Ica" />

The application follows Arada Australia's recently lodged One Campsie project at 124–142 Beamish Street and 16–18 Ninth Avenue, where the developer is seeking approval for 346 apartments across three towers rising 24, 32 and 39 storeys. Together, the two proposals would cement Arada Australia as one of the most influential developers shaping Campsie's future urban form.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-arada-files-for-trio-of-apartment-towers-in-campsie-town-centre">First Look: Arada Australia files for trio of apartment towers in Campsie town centre</a>

Arada Australia entered the Australian market in 2024 and has rapidly assembled a significant development pipeline across Sydney. Alongside its Campsie holdings, the developer is soon to launch <a href="https://www.apartments.com.au/new-apartments/wattle-green-2-fishburn-crescent-castle-hill-nsw-2154">Wattle Green</a> in Castle Hill, and has expanded its local operations following its acquisition of construction firm Roberts &amp; Co.

Located around 14 kilometres south-west of the Sydney CBD, the site sits at the centre of one of Sydney's fastest-changing middle-ring precincts. The Metro conversion of Campsie Station, combined with Canterbury-Bankstown Council's master planning framework, is driving significant residential intensification around Beamish Street and North Parade, with thousands of new homes expected over coming decades.

First look: Arada Australia doubles down in Campsie with 33-storey Metro-front tower plans

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

&nbsp;

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Staff Writer

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

Off-the-plan property explained: What is stamp duty?

If you're looking for a suburb that offers the perfect balance of natural beauty and urban convenience, then Alphington should be at the top of your list. The Melbourne suburb, located just seven kilometres northeast of the city's CBD, has become a hot spot for families due to its exceptional transport links, educational opportunities and outdoor pursuits.

With a population of over 5,000, Alphington offers an ideal combination of urban convenience and natural beauty that ticks all the boxes when it comes to raising a family.

Tucked away in the leafy suburb is HOME, the 324-apartment project, bound by Heidelberg Road to the north, Darebin Creek and the Yarra River to the south and south-east, while Merri Creek sits to the west of the site.

[smartcode_project:default project_id=24441 project_image_fid=84981]

The development offers a range of two and three-bedroom apartments, which capitalise on the community's proximity to all things convenient and sought after by families and children alike.&nbsp;

Education is a strong suit of Alphington, with some of Melbourne's most prestigious educational institutions located within a 10-minute drive from HOME. From primary to tertiary, there are plenty of options to choose from, including Alphington Grammar School, which offers co-educational learning for students from pre-school to year 12, in addition to several primary schools in the area, including St Anthony's Primary School and Alphington Primary School.&nbsp;

For families with younger children, Alphington also offers a range of childcare and early learning centres as well.&nbsp;

Additionally, major retail hubs are also located within close proximity, making shopping and entertainment easy and convenient, with&nbsp;Highpoint Shopping Centre and Northland Shopping Centre nearby, along with several boutique stores and independent retailers along&nbsp;Station Street and Heidelberg Road.

Aside from education, Alphington boasts of an abundance of green spaces and recreational facilities, making it an ideal location for families who enjoy outdoor activities.

[smartcode_project:default project_id=24441 project_image_fid=84979]

From bushland and parks to open spaces and river trails, the suburb has it all. Darebin Parklands, Yarra Bend, and Alphington Park are just a few of the natural gems waiting to be explored. For sports enthusiasts, there are plenty of options too, including the Alphington Bowls Club, Alphington Netball Club, Yarra Bend Golf Course, and Latrobe Golf Club.

Alphington's transport links are another major drawcard. With exceptional train and bus connections within easy walking distance, getting around is a breeze. The recently upgraded Hurstbridge line runs regular services to the CBD, while several bus routes make travelling by public transport even more convenient.

For those who prefer to drive, major employment, health and tertiary precincts are nearby and easily accessible via the recently expanded Chandler Highway.

For cyclists, Alphington offers an extensive network of bike trails that skirt the Yarra River on the Darebin Trail, taking riders on picturesque routes all the way to the city.

Catering to small families or growing families, the spacious two-bedroom apartments span from&nbsp;81 sqm, offering two-bathrooms and one car space, while the three-bedders cover from 142 sqm, with two-bathrooms and two car spaces.&nbsp;

[smartcode_project:default project_id=24441 project_image_fid=167646]

With style and function the guiding principles in the design of the HOME apartments,&nbsp;each feature timeless oak timber for all the flooring and cabinetry, which connect to open plan living spaces, opening up the homes to the whole family.

Generous storage keeps the apartments uncluttered, while stone benchtops, open shelving and European appliances make the kitchens the heart of the homes and a place for the whole family to enjoy.&nbsp;

The building itself is also home to its own park, located on level four of the development, with over&nbsp;3035 sqm of open space.&nbsp;Here residents will find a communal garden with plenty of seating, along with a barbecue area, a kid's play zone and a dedicated dog run.

There's also a rooftop cinema, as well as a Star Garden and lounge, and a glass-edged pool, which takes in expansive vistas to the city skyline and surroudning suburbs.&nbsp;

[smartcode_project_cta:default project_id=24441]

Why HOME is ticking all the boxes for families and kids 

Melbourne’s Altona North is renowned for its industrial past.

The suburb's industrial origins can be traced back to the establishment of the Altona Oil Refinery in 1949, which was built by BP and was the largest oil refinery in Australia at the time.

Factories and warehouses followed, as did prominent industrial companies, with the likes of Ford Motor Company establishing themselves in the area in 1956.&nbsp;

The industrial development of the suburb had a significant impact on the local community. A population boom ensued as people moved to the area in search of employment, which led to extensive infrastructure improvements such as roads, schools, and healthcare facilities.

[smartcode_project:default project_id=29947 project_image_fid=187293]

And now Altona North, just 11 kilometres of Melbourne CBD, is undergoing a huge gentrification, and is being targeted by young professionals and families.

Acquiring the site back in 2017, ASX-listed developer Stockland identified Altona North as a thriving suburb for their latest residential community, Haven.

In conjunction with the property undergoing a rezoning from Industrial use to General Residential Use, the newly established community was created as one with convenient connectivity and liveability, catering to residents from all walks of life.

Haven forms part of a broader 67 hectare Precinct 15 urban renewal zone which will eventually include approximately 3,000 new dwellings as well as office buildings, retail premises, and public areas.

Stockland, during the design phase, focused on a vision to create an active inner west neighbourhood that brings together contemporary designs influenced by the industrial heritage.&nbsp;

In collaboration with renowned SJB Architects, the homes boast seamless, open-plan living spaces that integrate with the surrounding environment.&nbsp;

In conjunction with this, one of Haven’s key pillars is a strong sustainability focus and that is showcased through community initiatives and townhome designs.

The community combines smart, sustainable features as standard with open, flowing living spaces.&nbsp;

[smartcode_project:default project_id=29947 project_image_fid=159031]

The townhomes, which have an average 6.5 star Nationwide House Energy Rating Scheme (NatHERS) rating, have features including 1.5kW of solar panels, double glazing, a rainwater tank or solar hot water unit, while also incorporating natural light and economical water usage to reduce the overall household carbon footprint and energy bills.&nbsp;

The biggest uptake in the community has come from first home buyers, due to Haven’s competitive price point, with the cheapest two-bedroom offering currently priced from $694,065.

Connectivity has also been a big drawcard, with the suburb easily accessible by car, train, bus and bike, offering quick and easy access to Newport and Spotswood train stations, which connect directly to Melbourne’s CBD within 15 minutes. And for those heading further afield, the train line offers a direct link to regional centres like Geelong, Ballarat, and Bendigo.

A number of bus routes traverse Altona North as well, while cycling and walking trails along the Maribyrnong River offer a scenic way to explore the area. For drivers, the West Gate Freeway is just a stone’s throw away, making it easy to commute to the heart of Melbourne’s CBD.

What sets Haven apart, however, is its commitment to creating a sustainable, green, and close-knit community. Stockland is creating a small neighbourhood, which includes a 4,000 sqm park with a playground designed for four to 10-year-olds, a picnic shelter, and barbecue facilities. The park will be the focal point for community events.

[smartcode_project:default project_id=29947 project_image_fid=93185]

Haven’s parks and trees will be nurtured with passive irrigation that captures storm water without wasting precious drinking water. This improves tree growth and increases amenity in the streetscapes.

Residents will also be within close proximity to a range of sports and recreational facilities within the Altona North community, including a gym, public pool, badminton centre, indoor climbing, and a golf course. And with the Maribyrnong cycle path, parklands, and reserves all within reach, there will be no shortage of opportunities to stay active and explore the neighbourhood.

Of course, it’s not all about physical activity. Altona North also offers an abundance of local eateries, shops, and retail therapy opportunities, from major shopping centres to local boutiques.

For families with young children, Altona North has plenty to offer as well. With quality day care, swimming, art, and drama centres all within the catchment area, with families well catered for in the area.

Plus, there are a number of established schools within walking distance, including Altona North Primary School, Newport Lakes Primary School, and Bayside Secondary College. The nearby Altona North Library also provides learning options and community activity spaces.

[smartcode_project_cta:default project_id=29947]

Altona North: From thriving industrial precinct to creative corridor

The Melbourne unit market looks like it's following the upward swing in capital city property prices across the country.

The unit market, which incorporates apartments and townhouses, contracted -0.2 per cent over February, but that followed steep -1.1 per cent declines in January and -0.8 per cent in December.

Melbourne's unit market is now -2 per cent down so far in 2023, and 5.7 per cent over the last 12 months, the third worst performing capital city unit market behind Hobart (-10.1 per cent) and Sydney (-10 per cent).

The unit market in the Victorian capital has considerably outperformed the housing market over the last year. That's down -11.2 per cent, nearly double the unit market, after further -0.5 per cent declines over February.

Projects by Buxton Director Heath Thompson says the February rate increase has resulted in poor market sentiment from buyers, as well as decreased volume of enquiry.

"What was even more impactful was the commentary from the RBA around the rate announcement, suggesting multiple interest rates are likely to follow in the coming months," Thompson says.

[smartcode_project:default project_id=5495 project_image_fid=210547]

There are some factors however which are pointing to a positive outlook, Thompson suggests.

"The market fundamentals have some blue sky on the supply and demand equation.

"Rents are increasing at speeds not seen in recent memory and new dwelling approvals are the lowest since 2012. New construction starts are showing even less supply is coming to the market.

"On the demand side, we see buyers with very little choice for established or new property, increasing immigration and significant lack of rental property to service growing demand."

According to data from Charter Keck Cramer,&nbsp;there were a total of 5,100 apartments launched to the market in 2022, the lowest number of launches recorded over the past decade and was almost -80 per cent lower than the peak levels during 2014 and 2015.

[smartcode_project:default project_id=112375 project_image_fid=204410]

"In “normal markets” these conditions would see price rises which is what I’m expecting in the next 12-18 months, allowing more projects to absorb constructions costs and we will likely see a rapid rise in new development approvals and construction starts."

Thompson believes the bottom of the market can't be far off.

"The question we often get asked is “when is the market going to bottom out?” I don’t know the answer to that however, it can’t be far off and I do know that new projects will have to rise in value to become feasible.

"Rises in value are inevitable, its just a matter of when."

The median unit value in Melbourne is now $585,000, down from $626,000 this time last year.

CoreLogic's national index declined -0.14 per cent over February 2023, the smallest monthly fall since May 2022 (-0.13 per cent), when rate hikes commenced.&nbsp;

CoreLogic’s research director, Tim Lawless, said the stabilisation in housing values over the month coincides with consistently low advertised supply levels and a rise in auction clearance rates.

“The past four weeks have seen the flow of new capital city listings tracking -17.0% lower than a year ago and -11.9% below the previous five-year average,” Lawless said.

“This trend towards a below average flow of new listings has been evident since September last year, coinciding with a loss of momentum in the rate of value decline.”

[smartcode_project:default project_id=108897 project_image_fid=180973]

“The past four weeks have seen the flow of new capital city listings tracking -17 per cent lower than a year ago and -11.9 per cent below the previous five-year average,” Lawless added.

“This trend towards a below average flow of new listings has been evident since September last year, coinciding with a loss of momentum in the rate of value decline.”

Lawless however suggested the recent stronger results don't necessarily indicate the market has bottomed.

“Considering the RBA’s move to a more hawkish stance at the February board meeting, along with an expectation for a weaker economic&nbsp; performance and a loosening in labour markets, there is a good chance this reprieve in the housing downturn could be short-lived,” Lawless said.

“We also have the fixed-rate cliff ahead of us; arguably the full impact of the aggressive rate hiking cycle is yet to play out.”

Melbourne's unit market is now -2 per cent down so far in 2023, and 5.7 per cent over the last 12 months

City Beat: Melbourne unit market insights for February

The redevelopment of the Sydney CBD landmark City Tattersall Club has taken a step closer, with Richard Crookes Constructions appointed to handle the build.

Joint venture partners, Singapore-listed First Sponsor and the Melbourne-based ICD Property, secured development approval for the project at 194-204 Pitt Street in November 2021, which will involve the majority of the building making way for a new 50-level tower with 241 apartments and high-end hotel with around 110 rooms.

The heritage ground floor area will remain, but will undergo major upgrades.

Richard Crookes Constructions will work alongside project architects fjmt and BVN Architecture to deliver the guest rooms and residences that pay homage to the site’s heritage significance.

<img alt="City Tatts" data-entity-type="file" data-entity-uuid="c295e848-f856-4a81-a8e4-255e6dbba63b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-01%20at%202.33.38%20pm.png?VersionId=VeNkO1StJIwITfVB.dpHgpU_Xmra.cYJ" />

“Richard Crookes’ robust standing within Sydney’s construction landscape coupled with their proven track record of delivering award-winning, luxury residential and mixed-use projects make them a perfect fit to deliver this unique project,” ICD Property CEO Matt Khoo said.“This is a major milestone for everyone involved, and one that will have an everlasting impact on the future residents, neighbouring community, and wider city of Sydney.

"We couldn’t be prouder to be&nbsp;partnering with the Richard Crookes team on this city defining project and look forward to delving deeper into conversations regarding innovative construction methodology, particularly those concerned with improving efficiency and reducing our carbon footprint which are values that we felt were in close alignment between us and Richard Crookes.”

Richard Crookes Constructions are currently undertaking the redevelopment of the landmark building Sirius in The Rocks. In 2021 they completed the Opera Residences,which recently received an honourable mention at the 2022 International Architecture Awards by the Chicago Athenaeum.

<img alt="City Tatts" data-entity-type="file" data-entity-uuid="e2ea24d4-337a-49a7-a75a-002175f73d32" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-01%20at%202.33.43%20pm.png?VersionId=6SdlsVwyhFyGYMUxoI_F1HD._Wh33iih" />

First Sponsor’s Group CEO Neo Teck Pheng said the City Tattersalls Club redevelopment has advanced from strength to strength despite market conditions.

Located directly in the heart of Pitt Street, near Westfield’s entertainment, dining, and shopping precinct, as well as Hyde Park, these residences will offer it all - connection, amenities, location, uninterrupted water views.

"We left no stone unturned during the design of these residences, wanting them to join the ranks of the world’s most highly regarded homes," Pheng added.

The project is expected to support more than 1,600 jobs during construction and create significant long-term economic benefits once completed.

Richard Crookes Constructions will work alongside project architects fjmt and BVN Architecture to deliver the guest rooms and residences that pay homage to the site’s heritage significance

Builder appointed for $400 million City Tattersall Club redevelopment, Sydney House

Luxury developer Tim Gurner and his wife Aimee have listed their luxury two-level apartment at GURNER's&nbsp;Saint Moritz project in St Kilda.

The two-level, 500 sqm apartment has four bedrooms, five bathrooms, a six-car garage, and is one of just 20 apartments in St Moritz that features floor-to-ceiling water views and private lift access.

The Gurner's retained the apartment when the project, designed by Fender Katsalidis, Koichi Takada, and interior designer David Hicks, was first launched.

<img alt="Saint Moritz" data-entity-type="file" data-entity-uuid="35ec3cce-2c1d-4246-9e8d-be382cfc47e2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-03%20at%201.59.50%20pm.png?VersionId=obEPjndb3_8K4TQpxHfsy26fHAhg6aRN" />

The interiors have been completely customised and designed personally by Tim and Aimee, who is an interior designer, in consultation with the GURNERTM design team.

Entry is through a marble-clad lift lobby, which meets a six-metre double-height void in the kitchen, living and dining zones to maximise the water views.

Over $500,000 worth of Italian stone and marble including Calacatta Gold, Nero Marquina and Travertine frame the interiors from the custom kitchen island through to the custom-designed cabinetry and joinery.

<img alt="Gurner" data-entity-type="file" data-entity-uuid="837d7271-7778-4fbd-bfb9-e044360b10e3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-03%20at%202.00.03%20pm.png?VersionId=Z3XOgZnRPd8CIN1iAcAp2yvhzH2D3ZiG" />

The kitchen features an almost five-metre long island, and a concealed butler’s kitchen.

The second living and entertaining space showcases a bespoke billiards table complete with custom finishes and design detailing, while the secluded games lounge is equipped with a kitchenette featuring integrated Liebherr and Vintec refrigeration.

A curved custom-designed helical staircase leads to the second level,&nbsp;finished in polished plaster with a custom brass floating handrail and feature LED lighting. The staircase cost $500,000 to install.

The master suite occupies almost the entire top floor, complete with a custom $120,000 sauna in the grand ensuite, an expansive walk-in robe, separate study and stunning private living retreat with an open fireplace to soak up the bay views.

<img alt="Saint Moritz" data-entity-type="file" data-entity-uuid="26df2d7a-6e78-4098-95ed-4c13ad8151b9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-03%20at%202.00.11%20pm.png?VersionId=6RFAP1M83c2mIuwpOufBJUx2TtMAt6HD" />

"When we launched Saint Moritz, we set out to create something that simply did not yet exist in the market, something that had no comparable sales or properties, something that was only emulated in five star resorts in places like New York, Miami or London," Tim Gurner says.

“We took inspiration from around the globe and then pushed it even further with the on-site amenity and dedication to wellness at Samsara. The result is like having your own private-day spa retreat downstairs.

“These unique and truly incomparable elements led to the insatiable demand when Saint Moritz first went to market.

“My wife Aimee and I worked closely with our GURNER design team to create a residence that represents the most luxurious elements of modern life, while taking the Saint Moritz experience to another level yet again.

“Wellness is such a pivotal pillar of my life which is why we wanted to complement the amenities of Samsara downstairs with the residence’s own private wellness features. The benefits of infra-red saunas are incredible and I incorporate the practice into my own daily routine, so we included the custom sauna to the master suite upstairs.

“After living through COVID, we as a community have turned to more intimate dining and entertaining with friends so the custom bar, games lounge and billiards table make the most of this incredible residence – why go out when the new owner can entertain guests at home while Port Phillip Bay shimmers in the foreground.

“My favourite element of the residence has to be the incredibly rare and sought after double height living and dining space that open up to the incredible bay and water views, which offer a front row seat to some of the most breathtaking sunsets I have ever seen.

“Due to the investment into quality, rarity, luxury and the lived experience in both this residence and Saint Moritz, we are expecting interest from both local and international buyers,” Gurner said.

Within the home is an exclusive selection of furniture, handpicked by Tim and Aimee, from luxury overseas brands including B&amp;B ITALIA, MAXALTO and Louis Poulsen, complemented by bespoke pieces locally produced by Australian artisans and manufacturers.

The furniture is worth a combined total of over $500,000 and is available for select buyers.

Full inclusions and custom design elements include: 
 
• Three bio-ethanol fireplaces clad in feature stone (living/dining, games bar lounge and 
executive lounge with a total approx. cost of $150k) 
• Bespoke sauna to master ensuite (total cost approx. $120K) 
• Hand selected Calacatta gold marble to kitchen, ensuites, bedrooms and entry lobby 
• Nero Marquina marble to games room bar, entry lobby and powder room 
• Italian Travertine throughout all bathrooms and bespoke TV niche/ fireplace to the executive 
and games lounge (total combined value of marble exceeds $500k) 
• Exclusive underground VIP lockable store fitted with a 50-bottle Vintec Wine Fridge 
• 6 car private garage 
• Bespoke billiard table with custom finishes and details 
• Private lift entrance 
• Bar area 
o 2 x Liebherr integrated below bench fridges 
o 2 x Vintec wine fridges 
o 2 x Vintec bar fridges 
o Kitchenette with Gaggenau oven, gas cooktop, and dishwasher 
• Kitchen/butlers 
o 2 x Gaggenau ovens 
o Large 900mm wide Gaggenau Gas cooktop 
o 2 x fully integrated Gaggenau Dishwashers 
o 1 x Gaggenau Steam Oven 
o 1x Gaggenau Combi Microwave

The residence also has access to the building’s luxury private club facilities including:

• Samsara, the most ambitious health and wellness facility ever offered on a private residential 
scale, including an underground pool, cryotherapy chambers, float tanks, private bookable 
spa and treatment rooms, salt rooms and on-call treatment practitioners and services 
• A luxury South Yarra BMW 7-series car and private driver bookable for residents’ personal 
use 
• 5.5m-high Porte Cochere entrance leading to a hotel-style welcome lobby with a full-time 
concierge and valet 
• A 12-seat private bookable cinema room 
• 16 full-time staff across resident services, concierge, wellness and valet 
• An underground ‘Champagne Bar’ and wine room 
• Services including car washing, dog minding and grooming, housekeeping and laundry 
services, along with private dining and catering, all managed in-house and available on-call

Tim Gurner lists private Saint Mortiz apartment for $15 million

Prominent Sydney and Melbourne proprety developer Landream are well and truly ready to take advantage of the $750 million of the Sydney Fish Markets at Blackwattle Bay.

They're pushing on with their $330 million Wattle Street project, across the road from Wentworth Park and a stone's throw away from the popular Fish Markets, which following the redevelopment which will create a major food and dining precinct for the area.

Landream secured the 12,381 sqm site at 14-26 Wattle Street in 2021 from the Sydney City Council, pending approval of a Stage 1 Concept DA, which was approved in May 2021.

<img alt="Landream Pyrmont" data-entity-type="file" data-entity-uuid="bfd00297-19d8-4040-91bd-ed15efcc34b9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-28%20at%202.24.13%20pm.png?VersionId=..UJ3giwAYTVZfhUtYRSxhsz.HobgN_C" />

The Sydney City Council acquired the site in 1906 as a road works depot. Facilities to support the depot were constructed on site between 1912- 1921. They're the only buildings that stand on the large site which straddles Wattle, Fig and Jones Streets.&nbsp;The site was previously used as a sandstone quarry, formally known as Hell Hole Quarry.

Prior to the submission of the recent development application, the Sydney-based architecture&nbsp;firm BVN won the project's&nbsp;Architectural Design Competition, beating design submissions from&nbsp;likes of&nbsp;Carter Williamson, Tzannes, SJB and Bates Smart in the Architectural Design Competition.

The jury said BVN's scheme was "considered, engaging, pragmatic and rooted in concept, materiality, and place making."

<img alt="Landream Pyrmont" data-entity-type="file" data-entity-uuid="1bd3f65b-4941-4c38-8778-6ac9c33349e7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-28%20at%202.26.45%20pm.png?VersionId=wn8DWQNpu20tSZ9IezS81YU0JeeKG7yS" />

"The design is underpinned by the current and future site context and character, seeking to contribute to and unlock the natural advantages of the environment and the approved concept scheme," the jury continued.

"The jury appreciated the design development of the approved concept scheme, benefiting the public realm and enhancing the residential amenity. The modified massing allows the development to be read as a ‘family of buildings’, rather than as a single complex.

"Each building is unique in design approach and they work together to establish a cohesive and comfortable environment within the site."

The jury also noted the clever design of the ‘Garaban’, the central residential building, one of five buildings proposed, which will deliver high amenity residential living.

"It is appreciated that this structure presents 100 per cent north facing apartments and 100 per cent cross ventilated apartments to deliver positive sustainability goals."

<img alt="Wattle" data-entity-type="file" data-entity-uuid="381da9ce-aad8-4cab-9d5b-661eef5403f5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-28%20at%202.26.07%20pm.png?VersionId=TxNl0LJ_zHURbO9rf_RHRkMqphrGIGZs" />

Four of the five buildings will home 237 apartments. There will be 50 one-bed units (21 per cent), 101 two-beds (42 per cent), and 82 three-bedroom apartments (35 per cent), as well as a handful of studios and large four-bed apartments.

The fifth building will solely home commercial and office space, while one of the residential buildings will also feature a recreation centre with two multi-purpose indoor courts, and a childcare centre.

BVN's Design Statement, part of the extensive submission to the City of Sydney Council, said&nbsp;14-26 Wattle Street is located in the Innovation Corridor of the Sydney Harbour CBD, a unique precinct in the city that is undergoing rapid transformation.

"Previously an underutilised area of the city, it is developing into a prime mixed-use precinct to help strengthen the Harbour.

"Capitalising on its easy access to Pyrmont, Blackwattle Bay, the Fishmarket, Darling Harbour and the central CBD Precinct, it is set to become a sought-after destination with a strong focus in connecting Pyrmont to the Sydney CBD.&nbsp;The work/live industrial history of Pyrmont and Ultimo is still evident in the urban fabric."

<img alt="Landream Pyrmont" data-entity-type="file" data-entity-uuid="4bbd7983-3fd0-4cd7-b519-a7013785916d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-28%20at%202.27.00%20pm.png?VersionId=jQ3TKnthbLutaPKPAMk67M2UoLe1NgEd" />

The report, signed off by BVN Principal Phillip Rossington, noted a number of sustainability initiatives in the project.

There will be rainwater storage, landscaping on the open rooftop with climate and location suitable plant selection, natural light and ventilation to the majority of apartments, as well as efficient services throughout the building like extensive bicycle parking, energy efficient light, and composting facilities.&nbsp;

BVN said the key to the proposed development was understanding the extremely different contexts on the three addresses (Jones, Fig and Wattle), and providing appropriate responses to each.

"This approach allows the development to be read as a family of buildings rather than one large complex," BVN said.

<img alt="Landream Pyrmont" data-entity-type="file" data-entity-uuid="983a790d-d847-4760-9ec5-9027b8d69599" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-28%20at%202.25.48%20pm.png?VersionId=7moQOTibeYcHQFTN0CiaduJtMt4x04Pv" />

"The Jones building is set back and articulated to complement the existing Jones Street Terraces. The Wattle Street aesthetic draws on neighbouring buildings’ arches and strong lines. The Courtyard building is a smaller more boutique building with a focus on it’s true north facing aspect and enhanced sustainability features, and the Fig Street commercial building reflects the rhythm of the Winchcombe Carson building."

The Winchcombe Carson building, bordering the site on Fig and Wattle Street, is a landmark building and former woolstore, which opened in 1894.

<h2>Fig &amp; Wattle Fast Facts</h2>

<ul>
	<li>Address: 14-26 Wattle Street</li>
	<li>Site size: 12,381 sqm</li>
	<li>Adaptable apartments - 36 units</li>
	<li>Liveable Housing Units - 48 units</li>
	<li>Internal Communal Residential Space - 228 sqm</li>
	<li>External Private Communal Open Space - 2,795 sqm</li>
	<li>External Public Accessible Open Space - 2,457 sqm</li>
	<li>Apartments - 237</li>
	<li>Studio&nbsp;- 2 (1%)</li>
	<li>1 bed - 50 (21%)</li>
	<li>2 bed - 101 (42%)</li>
	<li>3 bed - 82 (35%)</li>
	<li>4 bed - 2 (1%)</li>
	<li>Residential GFA - 27,434 sqm</li>
	<li>Commercial GFA&nbsp;- 16,215 sqm</li>
	<li>Retail GFA&nbsp;- 428 sqm</li>
	<li>Childcare Centre GFA - 1810 sqm</li>
	<li>Recreation Centre GFA - 2684 sqm</li>
</ul>

Landream secured the 12,381 sqm site at 14-26 Wattle Street in 2021 from the Sydney City Council, pending approval of a Stage 1 Concept DA, which was approved in May 2021

First look exclusive: Landream's $330 million mixed-use Pyrmont plans revealed

After annualised -10 per cent declines, it seems the Sydney unit market has possibly bottomed out.

Property data firm CoreLogic found that, despite two consecutive monthly declines of over one per cent, the Sydney unit market posted surprising gains over February.

Corelogic's Home Value Index showed the unit market in the harbour capital grew 0.3 per cent growth, the first gains since February 2022.

Over the last 12 months Sydney's median apartment value has dropped from $831,000 to $769,00.

[smartcode_project:default project_id=112005 project_image_fid=191248]

CoreLogic's national index declined -0.14 per cent over February, the smallest monthly fall since May 2022 (-0.13 per cent), when rate hikes commenced.&nbsp;

CoreLogic’s research director, Tim Lawless, said the stabilisation in housing values over the month coincides with consistently low advertised supply levels and a rise in auction clearance rates.

“The past four weeks have seen the flow of new capital city listings tracking -17 per cent lower than a year ago and -11.9 per cent below the previous five-year average,” Lawless said.

“This trend towards a below average flow of new listings has been evident since September last year, coinciding with a loss of momentum in the rate of value decline.”

[smartcode_project:default project_id=7054 project_image_fid=47626]

Lawless however suggested the recent stronger results don't necessarily indicate the market has bottomed.

“Considering the RBA’s move to a more hawkish stance at the February board meeting, along with an expectation for a weaker economic&nbsp; performance and a loosening in labour markets, there is a good chance this reprieve in the housing downturn could be short-lived,” Lawless said.

“We also have the fixed-rate cliff ahead of us; arguably the full impact of the aggressive rate hiking cycle is yet to play out.”

Mark Bernberg, Managing Director of Ray White Projects Western Sydney, says he believes a new reality is dawning.

"I think buyers are well, well versed that 0.1 per cent were emergency interest rates, based on a once in a lifetime pandemic," Bernberg says.

[smartcode_project:default project_id=29359 project_image_fid=207473]

"It's still well below the long term average, and having an interest rate with a three, or potential four, in front of it, is a new reality, and one that people are adjusting to.

"Humans are resilient, and human resilience is creating a new reality. Now they've got over the shock of rate rises, and now there's less of a fear of how far they can go, their expectation has been realigned, and now they're just trying to find value within their new borrowing power."

Property advisory firm Charter Keck Cramer's recently released H2 2022 report noted that, for a second year in a row, Sydney has built fewer apartments than Melbourne, which Bernberg believes will create an apartment boom.

[smartcode_project:default project_id=30959 project_image_fid=202986]

"Simply put, demand is still massively outstripping supply, even in a correcting market, and clearly it will continue to do so as building approvals decline and apartment completion forecasts don't stack up to the surge in population we are set to experience," Bernberg added.

Charter Keck Cramer's report says there continues to be a growing mismatch between several supply and demand side metrics which is leading to a substantial shortage of supply of apartments in Sydney over the next few years.

"The NSW Department of Planning &amp; Environment significantly reduced population projections in 2022 anticipating average growth of 60,000 persons per annum, down from circa 92,500 persons per annum pre-COVID in 2019.

"Based on the reduced population projections, implied dwelling demand will average circa 28,500 dwellings per annum of which apartments will need to (and have historically) comprised the majority of new dwelling supply.

"With only 17,000 forecast apartment completions in 2023, 11,400 completions in 2024 and 2,800 completions in 2025, the imbalance between demand and supply continues to grow."

Mark Bernberg, Managing Director of Ray White Projects Western Sydney, says he believes a new reality is dawning

City Beat: Sydney unit market insights for February

Bridgehill, the well-known property developer behind the popular UNO and JADE residences in Green Square, has recently announced the launch of their latest Green Square project, ALBA.

The group has appointed Westbourne Construction to handle the build of the new development, marking the sixth collaboration between the two.&nbsp;

ALBA will comprise 360 apartments across two buildings of 10 and 15 storeys, with a mix of one, two and three-bedroom apartments, as well as generously proportioned double-storey penthouses.

<img alt="ALBA" data-entity-type="file" data-entity-uuid="e44ae957-151e-4543-980f-783172bb7f81" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/LAAN%20S050_FINAL2500.jpg?VersionId=PRzPmH9mCESUkOAW_rRDzdYds2pWsb6z" />

Westbourne will also complete the roadworks and public domain which divide the buildings.&nbsp;

Designed in collaboration by McNally Architects and Sissons Architects, ALBA will feature warm, textured terracotta masonry, paying homage to Green Square's rich industrial heritage.&nbsp;

Completed is slated for Q3 2024.

Located in the heart of one of Sydney's most vibrant and eclectic neighbourhoods and just four-kilometres from the CBD, ALBA is surrounded by a wealth of urban delights.

<img alt="ALBA" data-entity-type="file" data-entity-uuid="9f3815e7-6f56-4020-ab5a-8cf3f11c0636" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/LAAN%20S040_FINAL2500.jpg?VersionId=6M3eASdOA1r2NIT6l0j1bq78Mwfjm5f9" />

From dog-friendly parks and vibrant galleries to the bustling precincts of Alexandria, Waterloo, Erskineville, and Kensington, there is always something new to discover in this dynamic part of the city.

Residents will also be within proximity to the popular Grounds of Alexandria and Carriageworks, as well as Green Square Library and Bourke St Bakery. The project is just 200 metres from Green Square Station.

[smartcode_project_cta:default project_id=138830]

ALBA will comprise 360 apartments across two buildings of 10 and 15 storeys

Bridgehill launch ALBA apartments in Zetland's Green Square precinct

Brisbane unit values continued to show signs of improvement over February, as overall market sentiment across the country saw dwelling value declines flatten.

CoreLogic's March Home Value Index showed that, for the first time since August, units values in Brisbane didn't decline. They didn't rise either, with CoreLogic suggesting they stayed flat over February.

The previous monthly performance of the Brisbane unit market (which incorporates both apartments and townhouses) suggests values will start rising across March.

Over December, unit values contracted -0.4 per cent, then an improved -0.2 per cent decline across January. February's flatline has forecasters expecting modest growth next month.

August 2022 was the last time unit values in Brisbane rose, by 0.7 per cent, which took the unit median to $504,520.

[smartcode_project:default project_id=108736 project_image_fid=209692]

Since then there have been modest declines, not as severe as other property market segments or locations.

The median value has now slipped to $490,000. Over the last 12 months, unit values are still 3.5 per cent higher than they were in March 2022.

The Brisbane unit market is performing much stronger than the housing market, which is now -8.6 per cent lower than it was this time last year. Values contracting a further -0.4 per cent over February, to a median of $767,000.

CoreLogic's national index declined -0.14 per cent over February, the smallest monthly fall since May 2022 (-0.13 per cent), when rate hikes commenced.&nbsp;

[smartcode_project:default project_id=114215 project_image_fid=210749]

CoreLogic’s research director, Tim Lawless, said the stabilisation in housing values over the month coincides with consistently low advertised supply levels and a rise in auction clearance rates.

“The past four weeks have seen the flow of new capital city listings tracking -17.0% lower than a year ago and -11.9% below the previous five-year average,” Lawless said.

“This trend towards a below average flow of new listings has been evident since September last year, coinciding with a loss of momentum in the rate of value decline.”

[smartcode_project:default project_id=112924 project_image_fid=204776]

Lawless however suggested the recent stronger results don't necessarily indicate the market has bottomed.

“Considering the RBA’s move to a more hawkish stance at the February board meeting, along with an expectation for a weaker economic&nbsp; performance and a loosening in labour markets, there is a good chance this reprieve in the housing downturn could be short-lived,” Lawless said.

“We also have the fixed-rate cliff ahead of us; arguably the full impact of the aggressive rate hiking cycle is yet to play out.”

Brisbane's unit market is becoming more and more attractive for investors. Since the early phases of the pandemic, weekly rental values are up nearly 24 per cent in Brisbane, compared to 10.4 per cent in Melbourne and 19 per cent in Sydney.

August 2022 was the last time unit values in Brisbane rose, by 0.7 per cent, which took the unit median to $504,520

City Beat: Brisbane unit market insights for February

In the heart of Ivanhoe, a sought-after pocket of Melbourne, lies a residential development that has been designed to provide residents with an unparalleled living experience.

Developed by KM Develop, Rose St. Quarter has been designed by award-winning architects Ewert Leaf, delivering a collection of generously proportioned one, two and three-bedroom residences that offer all the benefits of a premium, hillside corner location, many with unobstructed views to the city and surrounds, and easy accessibility to nearby amenity including Ivanhoe Village and Darebin Station.

But what also sets Rose St. Quarter apart from other residential developments in the area is its array of amenities that are designed to simplify each residents life and give more time for the things that are enjoyed.

[smartcode_project:default project_id=109831 project_image_fid=205110]

<h2>EV Charging</h2>

For those who own electric vehicles, charging them can be a hassle. But not at Rose St. Quarter.

The development offers an option for individual power outlets to all resident car parking spaces, making charging electric vehicle as easy as plugging it in.

<h2>Integrated Parcel Delivery</h2>

With the rise of online shopping, parcel delivery has become an essential part of our lives. But worrying about missing a delivery or having to wait in line at the post office can be a real inconvenience.

At Rose St. Quarter, residents can enjoy the convenience of contactless, secure, integrated parcel delivery at any time of the day, thanks to the convenient parcel lockers in the lobby.

[smartcode_project:default project_id=109831 project_image_fid=197206]

<h2>Car Wash</h2>

No one enjoys spending their weekends washing their car.

Rose St. Quarter mitigates the hassle, allowing residents to save time and money with the convenience of an onsite car wash in the basement.&nbsp;

<h2>Dog Wash Bay</h2>

Furry friends haven't been forgotten at Rose St. Quarter either, with an integrated dog wash bay implemented in the design.

The on-site bay gives residents the opportunity to enjoy the local parks and gardens with their pets, without having to track the outside into their apartments.

[smartcode_project:default project_id=109831 project_image_fid=197201]

<h2>Security</h2>

Feeling safe and secure is essential for any resident.

At Rose St. Quarter, residents will feel safe and secure with card access to the building, remote control access to the car park, audio and video intercom, and CCTV security throughout.

<h2>A Tranquil Sanctuary</h2>

With the hustle and bustle of city living, having a space where you can unwind and relax is crucial.

Rose St. Quarter adopts a clever stepped back design, double glazing, and strategic planting, which ensures that residents can enjoy a restful space away from the outside world, while always being connected with nature.&nbsp;

[smartcode_project_cta:default project_id=109831]

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