<p>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.</p>

<p>The circa $100 million development will rise 18 storeys and deliver 131 apartments, offering a mix of one, two-, and three-bedroom residences.</p>

<p>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.</p>

<p>&nbsp;</p>

<p>[smartcode_project:default project_id=108736 project_image_fid=367993]</p>

<p>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.</p>

<p>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.</p>

<p>"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.</p>

<p>"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."</p>

<p>&nbsp;</p>

<p>[smartcode_project:default project_id=108736 project_image_fid=368000]</p>

<p>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."</p>

<p>"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."</p>

<p>[smartcode_project:default project_id=108736 project_image_fid=367999]</p>

<p>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.</p>

<p>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.</p>

<p>&nbsp;</p>

<p>[smartcode_project:default project_id=108736 project_image_fid=367991]</p>

<p><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.</p>

<p>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.</p>

<p>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.</p>

<p>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.</p>

<p>[smartcode_project_cta:default project_id=108736]</p>


Joel Robinson

Goldfields sets the stage as Quartet Milton launches

<p><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.</p>

<p>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.</p>

<p>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.</p>

<p><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" /></p>

<p>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.</p>

<p>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;</p>

<p>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;</p>

<p><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" /></p>

<p>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.</p>

<p>Minister for Housing and Homelessness Rose Jackson said the changes were critical to maintaining Waterloo’s social diversity.</p>

<p>“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.</p>

<p>“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;</p>

<p>Minister for Planning and Public Spaces Paul Scully said the project would reshape the precinct for generations.</p>

<p>“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.</p>

<p>“Importantly, alongside the new homes the plan also proposes new open space where residents and the broader community can gather, relax and play.”&nbsp;</p>

<p><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" /></p>

<p>Stockland Managing Director and CEO Tarun Gupta said the project had been shaped around long-term liveability and community infrastructure.</p>

<p>“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;</p>

<p>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;</p>

<p>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;</p>

<p>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;</p>

<p>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.</p>


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

<p><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.</p>

<p>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.</p>

<p>[smartcode_project:default project_id=140747 project_image_fid=367540]</p>

<p>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.</p>

<p>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.</p>

<p>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.</p>

<p>[smartcode_project:default project_id=140747 project_image_fid=367529]</p>

<p>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.</p>

<p>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.</p>

<p>[smartcode_project_cta:default project_id=140747]</p>


Smith by Valli delivers design-led apartments to Melbourne’s inner north

<p><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;</p>

<p>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.</p>

<p>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.</p>

<p>"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.</p>

<p>[smartcode_project:default project_id=509 project_image_fid=365684]</p>

<p>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.</p>

<p>Unlike traditional CBD developments that prioritised investor stock, 640 Bourke Street has been repositioned to respond to changing buyer expectations.</p>

<p>"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;</p>

<p>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;</p>

<p>“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;</p>

<p>[smartcode_project:default project_id=509 project_image_fid=365687]</p>

<p>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;</p>

<p>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.</p>

<p>"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.</p>

<p>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.</p>

<p>[smartcode_project:default project_id=509 project_image_fid=365689]</p>

<p>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.</p>

<p>"We believe it's the best site left in the city of Melbourne," Craig Williams, Executive Director at Far East Consortium, said.&nbsp;</p>

<p>640 Bourke Street is Far East Consortium’s 14th building in Melbourne’s western CBD.</p>

<p>"A very elegant designed building. It's going to be a Melbourne statement for many, many years to come."</p>

<p>One-bedroom apartments are priced from around $640,000, with 640 Bourke Street targeting completion in 2029.</p>

<p><em>Renders shown are Artist's Impressions correct as of May 2026.</em></p>

<p>[smartcode_project_cta:default project_id=509]</p>


Heritage-led design anchors Far East Consortium’s 640 Bourke St, Melbourne

<p><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.</p>

<p>The sale equates to around $37,500 per sqm.</p>

<p>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.</p>

<p>Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.</p>

<p>“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.</p>

<p>“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”</p>

<p>[smartcode_project:default project_id=146358 project_image_fid=323057]</p>

<p>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.</p>

<p>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.</p>

<p>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.</p>

<p>“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.</p>

<p>“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”</p>

<p>[smartcode_project:default project_id=146358 project_image_fid=323055]</p>

<p>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.</p>

<p>Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.</p>

<p>“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”</p>

<p>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.</p>

<p>[smartcode_project:default project_id=146358 project_image_fid=323052]</p>

<p>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.</p>

<p>Mould said the design intent was to balance that outlook with a sense of retreat.</p>

<p>“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.”</p>

<p>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.</p>

<p>[smartcode_project_cta:default project_id=146358]</p>


MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

<p>Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.</p>

<p>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;</p>

<h2>What is the Help to Buy Scheme?</h2>

<p>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.</p>

<p>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).</p>

<p>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.</p>

<p>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.</p>

<p>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.</p>

<p>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.</p>

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

<p>To qualify for the Help to Buy Scheme, applicants must meet the following conditions:</p>

<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>

<p>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.</p>

<p>The scheme is expected to commence in NSW in late 2025, as part of a national rollout.</p>


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

<p>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.</p>

<p>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.</p>

<p>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.</p>

<p>Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.</p>

<h2>New South Wales First Home Owner Grant</h2>

<p><strong data-end="252" data-start="225">First Home Owner Grant:</strong> 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.</p>

<p><strong data-end="413" data-start="389">Stamp Duty Benefits:</strong> Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.</p>

<h2>Victoria South Wales First Home Owner Grant</h2>

<p><strong>First Home Owner Grant:</strong> Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.</p>

<p><strong>Stamp Duty Benefits</strong>: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.</p>

<h2>Queensland First Home Owner Grant</h2>

<p><strong data-end="920" data-start="893">First Home Owner Grant:</strong> 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.</p>

<p><strong data-end="1162" data-start="1135">Stamp Duty Concessions:</strong> Provides additional concessions for properties valued up to $800,000.</p>

<h2>Western Australia First Home Owner Grant</h2>

<p>&nbsp;</p>

<p><strong>First Home Owner Grant:</strong> 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.</p>

<p><strong>Stamp Duty Concessions:</strong> Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.</p>

<h2>Australian Capital Territory First Home Owner Grant</h2>

<p><strong data-end="1617" data-start="1590">First Home Owner Grant:</strong> Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.</p>

<h2>South Australia First Home Owner Grant</h2>

<p><strong>First Home Owner Grant:</strong> 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.</p>

<p><strong>Stamp Duty Relief:</strong> Available for new homes and vacant land purchases.</p>

<h2>Tasmania First Home Owner Grant</h2>

<p><strong>First Home Owner Grant</strong>: Offers a $10,000 grant for new homes and off the plan purchases.</p>

<p><strong>Stamp Duty Exemption</strong>: 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.</p>

<h2>Northern Territory First Home Owner Grant</h2>

<p><strong>First Home Owner Grant:</strong> The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.</p>

<p><strong>Stamp Duty Exemption</strong>: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).</p>

<p><em>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.</em></p>


Every First Home Owner Grant for new property by state

<p>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.</p>

<p>Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.</p>

<p>Some systems assess individual building components, while others provide an overall rating for the entire structure.</p>

<p>A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.</p>

<p>NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.</p>

<p>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.</p>

<h2>What is NatHERS?</h2>

<p>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;</p>

<p>NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;</p>

<p>NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.</p>

<p>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.</p>

<h2>How NatHERS Ratings Work</h2>

<p>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.</p>

<p>The tools can model complex effects of building mass, insulation, window size, and other elements.</p>

<p>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.</p>

<p>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;</p>

<p>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.</p>

<p>Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.</p>

<h2>Benefits of Higher NatHERS Ratings</h2>

<p><strong>Energy Efficiency:</strong> 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.</p>

<p><strong>Cost Savings:</strong> 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.</p>

<p><strong>Environmental Impact:</strong> 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.</p>

<p><strong>Improved Comfort: </strong>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.</p>

<p><strong>Market Value and Desirability:</strong> 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.</p>

<p><strong>Compliance with Building Codes:</strong> 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.</p>


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?

<p>Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.</p>

<p>Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.</p>

<p>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.</p>

<h3>Convenience and accessibility</h3>

<p>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.</p>

<p>[smartcode_project:default project_id=114215 project_image_fid=204874]</p>

<p>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.</p>

<h3>Vibrant lifestyle and community</h3>

<p>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.</p>

<p>[smartcode_project:default project_id=107714 project_image_fid=214122]</p>

<p>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.</p>

<h3>Potential for higher rental yields and property value appreciation</h3>

<p>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.</p>

<p>[smartcode_project:default project_id=139989 project_image_fid=212887]</p>

<p>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.</p>

<h3>Enhanced security and maintenance</h3>

<p>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.</p>

<p>[smartcode_project:default project_id=108019 project_image_fid=212658]</p>

<p>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.</p>

<h3>Live-work-play balance</h3>

<p>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.</p>

<p>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.</p>


alisonwarters@gmail.com

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

<p style="line-height: 1.38;">When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.</p>

<p style="line-height: 1.38;">Often the largest outlay, after the deposit which goes to the bank, is stamp duty.</p>

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

<p>Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.</p>

<p>It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.</p>

<p style="line-height: 1.38;"><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></p>

<h2>Who pays Stamp Duty?</h2>

<p>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.</p>

<h2>How much does Stamp Duty cost?</h2>

<p>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.</p>

<p>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!</p>

<p>Overall, the stamp duty you need to pay will depend on:</p>

<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>

<p style="line-height:1.38">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.</p>


Ellen Walker

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

<p style="line-height:1.38">Purchasing an apartment in Melbourne can be a significant financial commitment, and it's important to make sure you're getting the best deal possible.</p>

<p style="line-height:1.38">Here are some tips and strategies for negotiating the best price for your apartment in Melbourne:</p>

<h2>Know your budget</h2>

<p>It's important to have a clear understanding of how much you can afford to spend on an apartment before you start your search.</p>

<p>[smartcode_project:default project_id=110367 project_image_fid=199018]</p>

<p>This will help you negotiate a price that is within your budget and prevent you from wasting time looking at properties that are out of your price range.</p>

<h2>Research the market</h2>

<p>Familiarize yourself with the current real estate market in Melbourne. Look at listings for similar apartments in the area to get an idea of what prices are reasonable.</p>

<p>[smartcode_project:default project_id=110367 project_image_fid=199214]</p>

<p>This will give you a strong negotiating position when it comes to the purchase price.</p>

<h2>Get pre-approved for a mortgage</h2>

<p>Before you start shopping for an apartment, get pre-approved for a mortgage.</p>

<p>This will give you a clear understanding of how much you can borrow and help you negotiate a better price with the seller.</p>

<h2>Determine your must-haves</h2>

<p>Make a list of the features that are most important to you in an apartment, such as location, size, number of bedrooms, and amenities.</p>

<p>This will help you prioritize your search and avoid getting overwhelmed by too many options.</p>

<h2>Consider alternative financing options</h2>

<p>If you're having trouble securing a mortgage or affording the price of an apartment, consider alternative financing options such as owner financing or a lease-to-own agreement.</p>

<h2>Be flexible</h2>

<p>Consider being flexible on closing dates, closing costs, and other negotiation points to get a better deal.</p>

<p>[smartcode_project:default project_id=5495 project_image_fid=207663]</p>

<p>For example, if you're willing to close sooner or pay a higher down payment, you may be able to negotiate a lower purchase price.</p>

<h2>Hire a real estate agent</h2>

<p>Working with a real estate agent can be a huge help in finding and negotiating the purchase of an apartment in Melbourne. They have access to a wide range of properties and can help negotiate the purchase price and other terms on your behalf.</p>

<h2>Make a competitive offer</h2>

<p>When you find an apartment that you want to purchase, make a competitive offer. This may mean offering a higher purchase price or including contingencies that protect your interests.</p>

<h2>Negotiate in person</h2>

<p>If possible, try to negotiate the purchase price of the apartment in person rather than over the phone or email.</p>

<p>[smartcode_project:default project_id=5495 project_image_fid=190763]</p>

<p>This will give you the opportunity to build a rapport with the seller and potentially come to a mutually beneficial agreement.</p>

<h2>Trust your instincts</h2>

<p>Trust your gut when it comes to negotiating the purchase of an apartment. If something doesn't feel right, it probably isn't.</p>

<p>By following these tips, you'll be well on your way to negotiating the best price for your apartment in Melbourne. Happy house hunting!</p>


Read our blog on how to negotiate the best price for your Melbourne apartment

Michael Bird

How to negotiate the best price for your apartment in Melbourne

<p style="line-height:1.38">Deciding whether to rent or buy an apartment in Melbourne can be a tough decision, as both options have their own set of pros and cons.</p>

<p style="line-height:1.38">Here's a closer look at the benefits and drawbacks of both renting and buying an apartment in Melbourne:</p>

<h1>Pros of renting:</h1>

<h2>More flexibility</h2>

<p>Renting an apartment allows you to move more easily and without the burden of selling a property.</p>

<p>[smartcode_project:default project_id=3127 project_image_fid=181270]</p>

<h2>Lower upfront costs</h2>

<p>Renting generally requires a smaller upfront investment than buying, as you don't have to come up with a down payment or closing costs.</p>

<h2>Lower monthly costs</h2>

<p>In some cases, renting can be cheaper than buying on a monthly basis, especially if you're unable to afford a large mortgage payment.</p>

<h2>No maintenance costs</h2>

<p>As a renter, you're not responsible for maintaining the apartment or paying for repairs.</p>

<h1>Cons of renting:</h1>

<h2>Lack of control</h2>

<p>As a renter, you don't have control over the property and may have to deal with landlords who are unresponsive to your needs.</p>

<h2>Limited ability to make changes</h2>

<p>Renters are generally not allowed to make major changes to the property, such as renovations or additions.</p>

<h2>No equity</h2>

<p>When you rent, you're not building equity in the apartment or house you're renting.</p>

<h1>Pros of buying</h1>

<h2>Building equity</h2>

<p>When you buy an apartment, you're building equity in the property as you pay off your mortgage.</p>

<p>[smartcode_project:default project_id=110367 project_image_fid=199209]</p>

<p>This can be a good long-term investment, as the value of the property may increase over time.</p>

<h2>Control</h2>

<p>As a homeowner, you have more control over the property and can make changes and improvements as you see fit.</p>

<h2>Potential tax benefits</h2>

<p>Owning an apartment may offer tax benefits such as the ability to deduct mortgage interest and property taxes from your taxes.</p>

<p>[smartcode_project:default project_id=112971 project_image_fid=198408]</p>

<h1>Cons for buying</h1>

<h2>Higher upfront costs</h2>

<p>Buying an apartment requires a larger upfront investment, as you'll need to come up with a down payment and closing costs.</p>

<h2>Higher monthly costs</h2>

<p>In some cases, buying an apartment may be more expensive on a monthly basis than renting, especially if you have a large mortgage payment.</p>

<h2>Maintenance costs</h2>

<p>As a homeowner, you're responsible for maintaining the apartment and paying for repairs, which can be costly.</p>

<h2>Lack of flexibility</h2>

<p>Buying an apartment may limit your flexibility to move or change living arrangements, as you'll need to sell the property before you can move.</p>

<p>Ultimately, whether to rent or buy an apartment in Melbourne depends on your individual circumstances and financial goals. It's important to carefully consider both options and weigh the pros and cons before making a decision.</p>


There are both pros and cons between buying an apartment and renting one in Victoria's capital city

The pros and cons of renting vs buying an apartment in Melbourne

<p style="line-height:1.38">When searching for an apartment in Melbourne, it's important to consider the amenities that are most important to you.</p>

<p style="line-height:1.38">These amenities can greatly impact your daily life and overall enjoyment of your new home.</p>

<p style="line-height:1.38">Here are the top amenities to look for in an apartment in Melbourne:</p>

<h2>Location</h2>

<p>One of the most important amenities to consider is location.</p>

<p>[smartcode_project:default project_id=112174 project_image_fid=199603]</p>

<p>Look for an apartment that is conveniently located near your work, schools, public transportation, and other necessities.</p>

<h2>Size</h2>

<p>Consider the size of the apartment and whether it will meet your needs.</p>

<p>[smartcode_project:default project_id=112174 project_image_fid=199678]</p>

<p>Do you need a large apartment with multiple bedrooms, or are you looking for something smaller and more compact?</p>

<h2>Number of bedrooms</h2>

<p>Think about how many bedrooms you need and whether the apartment has enough space to accommodate your needs. If you have children or plan to start a family, you'll likely need more bedrooms.</p>

<h2>Parking</h2>

<p>Depending on your needs, you may want to look for an apartment that has dedicated parking or is located near public transportation. This can be especially important if you have a car or plan to get one.</p>

<h2>Storage</h2>

<p>Look for an apartment with ample storage space, such as walk-in closets, pantries, and additional storage units. This can be a big help in keeping your apartment organized and clutter-free.</p>

<h2>Kitchen</h2>

<p>The kitchen is an important room in any apartment, so consider whether the one in the apartment you're considering meets your needs.</p>

<p>[smartcode_project:default project_id=3127 project_image_fid=181987]</p>

<p>Look for features such as modern appliances, plenty of counter space, and ample storage.</p>

<h2>Bathroom</h2>

<p>The bathroom is another important room in an apartment, so look for one with modern fixtures, good lighting, and ample space. A master bathroom with a large shower or tub can be a nice luxury.</p>

<h2>Laundry facilities</h2>

<p>Consider whether the apartment has in-unit laundry facilities or access to shared laundry facilities. This can be a big convenience and save you time and money.</p>

<h2>Outdoor space</h2>

<p>If you enjoy spending time outdoors, look for an apartment with a balcony, patio, or shared outdoor space. This can provide a great place to relax and enjoy the fresh air.</p>

<h2>Security</h2>

<p>Security is an important consideration when it comes to choosing an apartment.</p>

<p>[smartcode_project:default project_id=3127 project_image_fid=181988]</p>

<p>Look for an apartment that has secure access, surveillance cameras, and other security features to ensure your safety.</p>

<h2>Fitness centre</h2>

<p>If you enjoy working out or want to stay active, look for an apartment that has a fitness centre or access to a gym. This can save you money on gym memberships and provide a convenient way to stay in shape.</p>

<h2>Swimming pool</h2>

<p>If you enjoy swimming or want to have the option to cool off during the warmer months, look for an apartment that has a pool.&nbsp;</p>

<p>[smartcode_project:default project_id=2929 project_image_fid=201020]</p>

<p>This can be a great amenity to have access to and can provide a fun way to relax and unwind.</p>

<h2>Social activities</h2>

<p>Some apartments offer social activities and events for residents, such as movie nights, game nights, or happy hours. If this is important to you, look for an apartment that offers these types of activities.</p>

<h2>Pet-friendly</h2>

<p>If you have a pet or plan to get one, look for an apartment that is pet-friendly. This may include features such as a dog park or designated pet areas.</p>

<h2>On-site maintenance</h2>

<p>Look for an apartment that has on-site maintenance staff to handle any issues that may arise. This can be a big convenience and ensure that any problems are dealt with quickly.</p>

<p>By considering these top amenities, you'll be well on your way to finding an apartment in Melbourne that meets your needs and enhances your quality of life.</p>


Amenities an greatly impact a residents' daily life

The top amenities to look for in an apartment in Melbourne

<p>When searching for apartments in Melbourne, the neighbourhood you choose can greatly impact your daily life and overall enjoyment of your new home.</p>

<p>Here are the top neighbourhoods for apartments in Melbourne:</p>

<h2>The Melbourne CBD</h2>

<p>The central business district (CBD) is the heart of Melbourne and a popular choice for apartment living due to its proximity to work, shopping, and entertainment.</p>

<p>[smartcode_project:default project_id=1260 project_image_fid=177635]</p>

<p>Apartments in the CBD tend to be more expensive than other areas of the city.</p>

<h2>South Yarra</h2>

<p>Located south of the CBD, South Yarra is a trendy neighborhood known for its fashionable boutiques, trendy cafes, and popular nightlife.</p>

<p>[smartcode_project:default project_id=3127 project_image_fid=181274]</p>

<p>It's a popular choice for young professionals and students due to its proximity to the CBD and excellent public transportation.</p>

<h2>St Kilda</h2>

<p>St Kilda is a beachside suburb located southeast of the CBD and a popular choice for families and beach lovers due to its excellent schools and outdoor recreational opportunities.</p>

<p>St Kilda is known for its laid-back atmosphere and popular tourist attractions such as St Kilda Beach and Luna Park.</p>

<h2>Carlton</h2>

<p>Carlton is a lively neighbourhood located north of the CBD and a popular choice for students and young professionals due to its proximity to the University of Melbourne and RMIT University. Carlton is known for its vibrant cultural scene and excellent dining options.</p>

<h2>Fitzroy</h2>

<p>Fitzroy is a bohemian neighbourhood located north of the CBD and a popular choice for young professionals and artists due to its edgy atmosphere and proximity to the CBD. Fitzroy is known for its vibrant street art, trendy cafes, and popular nightlife.</p>

<h2>Southbank</h2>

<p>Southbank is an upscale neighbourhood located south of the CBD and a popular choice for professionals and families due to its excellent amenities and proximity to the CBD.</p>

<p>[smartcode_project:default project_id=3260 project_image_fid=206134]</p>

<p>Southbank is known for its trendy restaurants, popular nightlife, and cultural attractions such as the Melbourne Arts Precinct.</p>

<h2>Prahran</h2>

<p>Prahran is a fashionable neighbourhood located south of the CBD and a popular choice for young professionals and students due to its proximity to the CBD and excellent public transportation.</p>

<p>Prahran is known for its trendy boutiques, popular nightlife, and excellent dining options.</p>

<h2>Richmond</h2>

<p>Richmond is a diverse neighbourhood located east of the CBD and a popular choice for families and sports fans due to its excellent schools and recreational opportunities.</p>

<p>&nbsp;</p>

<p>[smartcode_project:default project_id=95458 project_image_fid=201271]</p>

<p>Richmond is known for its excellent dining scene and popular sporting events at the Melbourne Cricket Ground and Melbourne Park.</p>

<h2>Brunswick</h2>

<p>Brunswick is a trendy neighbourhood located north of the CBD and a popular choice for students and young professionals due to its proximity to the University of Melbourne and RMIT University.</p>

<p>Brunswick is known for its bohemian atmosphere, popular nightlife, and excellent dining options.</p>

<h2>Northcote</h2>

<p>Northcote is a vibrant neighbourhood located north of the CBD and a popular choice for families and outdoor enthusiasts due to its excellent schools and proximity to the Yarra Valley. Northcote is known for its diverse dining scene, popular nightlife, and excellent parks and recreational facilities.</p>

<p>When considering these top neighbourhoods for apartments in Melbourne, it's important to think about your budget, lifestyle, and personal preferences. Take the time to explore different neighbourhoods and get a feel for each one to find the best fit for you.</p>


Which Melbourne neighbourhood is the best to live in?

The top neighbourhoods for apartments in Melbourne

<p style="line-height:1.38">If you're planning to buy an off-the-plan property in Melbourne, there are a few important things to keep in mind to ensure that you find a place that meets your needs and fits your budget.</p>

<p style="line-height:1.38">Here are the top tips for buying off-the-plan properties in Melbourne:</p>

<h2>Determine your budget</h2>

<p>Before you start looking for off-the-plan properties, it's important to determine your budget and what you can afford in terms of a down payment and monthly mortgage payments.</p>

<p>[smartcode_project:default project_id=112174 project_image_fid=199593]</p>

<p>Keep in mind that you'll also need to budget for closing costs, property taxes, and other expenses.</p>

<h2>Make a list of must-have amenities</h2>

<p>Think about the amenities that are most important to you and make a list of them.</p>

<p>[smartcode_project:default project_id=2929 project_image_fid=201005]</p>

<p>This could include things like a fitness centre, swimming pool, or outdoor space.</p>

<h2>Search online</h2>

<p>There are many websites and online platforms that can help you find off-the-plan properties in Melbourne.</p>

<p>These sites often allow you to filter your search by location, price, and amenities, which can make it easier to find the perfect place.</p>

<h2>Consider the location</h2>

<p>Location is an important factor when it comes to buying an off-the-plan property in Melbourne.</p>

<p>Look for a property that is conveniently located near your work, schools, and other necessities.</p>

<h2>Review the floor plans and renders</h2>

<p>When buying an off-the-plan property, it's important to review the floor plans and renderings to get a feel for the layout and design of the property.</p>

<p>[smartcode_project:default project_id=1260 project_image_fid=177987]</p>

<p>This will help you envision what the finished product will look like and ensure that it meets your needs.</p>

<h2>Get a mortgage pre-approval</h2>

<p>Before you start making offers on off-the-plan properties, it's a good idea to get a mortgage pre-approval from a lender.</p>

<p>This will give you an idea of how much you can afford and help you make more competitive offers.</p>

<h2>Make an offer</h2>

<p>Once you've found an off-the-plan property you're interested in, it's time to make an offer. Work with your real estate agent to come up with a competitive offer that takes into account the current market conditions and the seller's asking price.</p>

<h2>Get a contract review</h2>

<p>Before you finalize the purchase of an off-the-plan property, it's a good idea to have a lawyer review the contract to ensure that all of the terms and conditions are fair and in your best interests.</p>

<p>[smartcode_project:default project_id=3260 project_image_fid=206124]</p>

<h2>Finalise the purchase</h2>

<p>Once you've negotiated the terms of the purchase and had the contract reviewed, it's time to finalize the deal. This will require signing a purchase agreement and paying the down payment and closing costs.</p>

<h2>Wait for construction to be completed</h2>

<p>One of the biggest differences between buying an off-the-plan property and a traditional property is that you'll need to wait for construction to be completed before you can move in. Make sure you understand the estimated completion date and any potential delays that could impact that timeline.</p>

<p>By following these tips, you'll be well on your way to finding and buying the perfect off-the-plan property in Melbourne. While buying an off-the-plan property can require more patience and planning than buying a traditional property, it can also offer some unique benefits, such as the opportunity to customize finishes and take advantage of pre-construction pricing.&nbsp;</p>


If you're planning to buy an off-the-plan property in Melbourne, there are a few important things to keep in mind to ensure that you find a place that meets your needs

The top tips for buying off the plan properties in Melbourne

<p style="line-height:1.38">If you're considering living in an apartment in Melbourne, there are many benefits to consider.</p>

<p>Whether you're a student, young professional, or retiree, there are plenty of reasons to choose an apartment as your home.</p>

<p>Here are the top benefits of living in an apartment in Melbourne:</p>

<h2>Convenience</h2>

<p>One of the biggest benefits of living in an apartment is the convenience it offers. Apartments are often located in the heart of the city, close to public transportation, shops, restaurants, and other amenities. This can save you time and make it easier to get around.</p>

<p>[smartcode_project:default project_id=3260 project_image_fid=207262]</p>

<p>In Melbourne, you'll find a wide range of apartment options, from high-rise buildings in the CBD to more low-key buildings in the suburbs. No matter where you choose to live, you'll be close to the action and all that Melbourne has to offer.</p>

<h2>Affordability</h2>

<p>In general, apartments tend to be more affordable than houses, especially in the CBD and other popular neighborhoods. This can make it easier to get into the Melbourne housing market, especially for first-time buyers or those on a budget.</p>

<p>[smartcode_project:default project_id=1260 project_image_fid=177635]</p>

<p>If you're looking to save money on your housing costs, an apartment can be a great choice. While you'll still have to pay rent or a mortgage, you'll likely save on things like property taxes, insurance, and maintenance costs.</p>

<h2>Low maintenance</h2>

<p>Another benefit of living in an apartment is the low maintenance it requires. With apartments, you don't have to worry about yard work, roof repairs, or other maintenance tasks that come with owning a house. This can save you time and money.</p>

<p>Many apartment buildings have on-site maintenance staff who can take care of any issues that arise, so you don't have to worry about handling repairs yourself.</p>

<h2>Amenities</h2>

<p>Many apartments come with a range of amenities, such as a fitness centre, swimming pool, and outdoor space. This can add value to your living experience and provide opportunities for recreation and relaxation.</p>

<p>[smartcode_project:default project_id=112174 project_image_fid=199646]</p>

<p>If you enjoy staying active, you'll love having access to a gym or pool right in your own building. And if you like to spend time outdoors, you may appreciate having a patio or balcony to relax on.</p>

<h2>Security</h2>

<p>Many apartments have secure access and surveillance cameras, which can provide an added layer of security and peace of mind. If you're concerned about safety, you'll love the extra security measures that many apartments offer. From secure entry systems to on-site security guards, you'll have peace of mind knowing that your home is safe and secure.</p>

<h2>Community</h2>

<p>Living in an apartment can also provide a sense of community and connection.</p>

<p>[smartcode_project:default project_id=2929 project_image_fid=201009]</p>

<p>Many apartments have common areas where residents can socialize, and you may find that you get to know your neighbours better in an apartment setting. If you enjoy the social aspect of living in a community, an apartment may be a great fit for you.</p>

<h2>Easy to decorate</h2>

<p>Finally, one of the benefits of living in an apartment is that it's easy to decorate. With smaller spaces and fewer walls to worry about, it's easier to create a cohesive design aesthetic and make the most of your living space. You can also take advantage of the many design resources available online to get ideas and inspiration for your apartment.</p>

<p>[smartcode_project:default project_id=3730 project_image_fid=195901]</p>

<p>Overall, owning an apartment in Melbourne can offer a range of benefits, from convenience and affordability to low maintenance and a sense of community. Whether you're a student, young professional, or retiree, there's an apartment in Melbourne that can meet your needs and fit your budget. So if you're considering making the move to an apartment, keep these benefits in mind and start exploring your options today!</p>


The top benefits of living in an apartment in Melbourne

<p>The Miles Residences penthouse at Kirra Point will be the most elevated penthouse on the southern Gold Coast when it’s completed at the end of 2023.</p>

<p>The sprawling 760 sqm, split-level apartment tops Miles Residences, the residential component of regarded developer KTQ’s $380 million redevelopment of the Kirra Beach Hotel.</p>

<p>It crowns a further 114 apartments, which were all snapped up in just a couple of months in late 2020 when the striking project was launched.</p>

<p>But the penthouse was reserved for a little later in the marketing campaign, given it's uniqueness, but also to it’s $16.75 million price tag, which would make it the second most expensive off the plan apartment sale on the whole of the Gold Coast.</p>

<p>Exclusive selling agent of Miles Residences, Tim Keenan from the newly formed Keenan &amp; Byrne project marketing agency, says so far the penthouse has predominantly piqued the interest of Sydneysiders and locals.</p>

<p>[smartcode_project:default project_id=27575 project_image_fid=209121]</p>

<p>Apart from the obvious draws of the penthouse; it's rooftop pool, sweeping views, and prime location; Keenan says one of the most attractive propositions has been the rarity of what's on offer.</p>

<p>"It's an opportunity which will likely never again be repeated in this exclusive pocket," Keenan says, adding that the finishes and detailing of the penthouse are of a calibre he's never seen in an apartment before.</p>

<p>Some of the most impressive finishes and inclusions are in the kitchen and butler's bar, the heart of the home adjoining the main living area on the&nbsp;eastern wing of the first level.</p>

<p>The space is anchored by a 5m long, monolithic sculptural island bench and a full suite of Gaggenau appliances (nine in total), supported by sub zero refridgeration, wolf BBQ’s (one on each level) and Eurocave wine storage</p>

<p>There's a butler's pantry with full kitchen capabilities, as well as a separate bar area featuring a smaller version of the kitchen island bench and a serious wine storage zone.</p>

<p>[smartcode_project:default project_id=27575 project_image_fid=187457]</p>

<p>That's not the only kitchen in the huge penthouse.</p>

<p>Upstairs there’s a sprawling terrace with its own roofed kitchen and bar area complete with BBQ and pizza oven for entertaining family and friends.</p>

<p>That adjoins an outdoor dining area which is just steps to an elevated private pool and terrace which has sweeping views across Kirra and Snapper. Also on the upper level is an indoor multi purpose entertaining room and lounging space.</p>

<p>KTQ Development Director Jeremy Holmes says it will offer a view that is impossible to recreate.</p>

<p>"The penthouse is located on the north-east corner of the building, designed to take advantage of an incredible aspect with views of both the surf and the sweeping bays of the Southern Gold Coast.</p>

<p>"The best way to describe the view was as if someone walked down the street, stood in the perfect spot to look back at The Superbank, and decided to build an apartment there. That's how we know we're creating something that just won't be replicated."</p>

<p>[smartcode_project:default project_id=27575 project_image_fid=187456]</p>

<p>The first level of the penthouse comprises five bedrooms, each with their own ensuite and walk-in wardrobe.</p>

<p>The master retreat features the largest ensuite, with a curved feature bath, double vanity, and double shower, as well as a full walk-in wardrobe with dresser.</p>

<p>&nbsp;</p>

<p>[smartcode_project:default project_id=27575 project_image_fid=209217]</p>

<p>Four of the bedrooms are located off a second living or multi-purpose space, where there's also a study or kids playroom, a separate home office, and a separate indoor outdoor gym terrace.</p>

<p>The two levels of the apartment are connected by both an internal lift and a sweeping feature staircase through the void between the levels.</p>

<p>On top of the high level of finish of the penthouse, Keenan says what's also attracting buyers is the firm completion date, ready in time for the summer holidays 2023.</p>

<p>"A firm completion date for before next Christmas really fits the enquiry profile we're seeing, and ultimately the profile of the buyer we expect to see take the keys," Keenan says.</p>

<p>"Most of the interest has come from those&nbsp;who have previously holidayed on the Southern Gold Coast and have an affinity with the area, those who have done well in life, and want to live their dream for their kids, but at the highest level possible.</p>

<p>"They'll likely want to bring all of the extended family together, given the five large bedrooms, over holiday periods."</p>

<p>[smartcode_project:default project_id=27575 project_image_fid=138611]</p>

<p>The Kirra Point redevelopment will form the focal point of the Southern Gold Coast when fully completed in 2026.</p>

<p>The red hot South East Queensland market, from Burleigh to Coolangatta, will also benefit prospective buyers of the second stage of the Kirra Point redevelopment, which will be launched at the end of 2023, around the same time Miles Residences completes.</p>

<p>There's been a number of sell-outs across the Southern Gold Coast since the start of the pandemic, and when they're built, even more people are set to move to the area, Keenan says, noting that there will be even more holidaymakers in the area as hotels start to be developed.</p>

<p>"There are new cafes, restaurants, and hotels being built around the area ready for the influx of tourism and migration.</p>

<p>Holmes says Kirra Point, which will have 15 specialist shops, will be a highly curated retail and food and beverage experience that stays true to the region and what is has to offer.</p>

<p>Despite a wave of redevelopment over the southern Gold Coast in recent years, Keenan says the area remains true to what the Gold Coast lifestyle is all about.</p>

<p>"The draw of the Southern Gold Coast and the Miles Residences Penthouse is that you can see the glittering high-rises of Surfers and Broadbeach, but you're tucked away in a pocket that's the epitome of the relaxed Gold Coast beach lifestyle," Holmes added.</p>

<p>Architect Mark Damant from Little Boat Projects, who handled the designs of Miles Residences and the Kirra Point redevelopment when he was principal at Woods Bagot, has designed the next stage of Kirra Point, which includes a further 88 apartment in a 13-level tower, crowned by a rooftop pool and recreation area, as well as a separate luxury 92-room hotel in a six-level building fronting Marine Parade.</p>

<p>[smartcode_project:default project_id=27575 project_image_fid=138620]</p>

<p>KTQ Group have an enviable track record of producing the highest level of both residential and commercial developments. They developed and currently operate the go-to Byron Bay resort Elements of Byron, and they recently received approval for the Serēn project, bringing a level of luxury unseen in the Gold Coast market before.</p>

<p>Serēn, pronounced serene, will comprise an independent, luxury 60-room hotel, with some suites offering over 100 sqm of living space. The hotel will occupy levels three to six, then above is the hotel and the residences pool and recreation decks. Then above the level nine wellness level are the 60 residences, the smallest on offer spanning a huge 350 sqm and offering three-bedrooms and a multi-purpose room.</p>

<p>[smartcode_project_cta:default project_id=27575]</p>


Apart from the obvious draws of the penthouse; it's rooftop pool, sweeping views, and prime location; Keenan says one of the most attractive propositions has been the size, which in turn is reflected in the price

The Miles Residences Penthouse: The crowning jewel in the transformation of Kirra Point

<p>Established Sydney-based developer ASF Group have begun to receive offers on the first limited release of their new beachfront Northcliffe project, AURA on the Beach.</p>

<p>Following on from their sold-out Hope Island masterplan The Peninsula, and their beachside tower The AU which is well on its way to achieving sold-out status, AURA sits in one of the best spots in the whole of the central Gold Coast.</p>

<p>AURA will see only 26 full-floor residences on offer, and a single multi-level penthouse, one of the largest on the Surfers Paradise beachfront.</p>

<p>[smartcode_project:default project_id=9097 project_image_fid=209161]</p>

<p>ASF Group Marketing Director Daniel Fang says they have already received offers on most first-release apartments, with buyer interest ranging from sophisticated early birds to international sunseekers.</p>

<p>“AURA is a highly sought after offering of only 27 beachfront homes – there are only so many absolute beachfront residential opportunities, let alone at this calibre of design, finish and amenity," Fang says</p>

<p>Not only located on the dress circle Garfield Terrace, the 31-level tower sits on one of the only corner blocks on the exclusive street with the beach entry just steps from AURA's front door.</p>

<p>It's also located directly across the road from Northcliffe Surf Club, which means two things for buyers; the convenience of one of the most popular, recently renovated, surf clubs in town, and the sweeping views down to Coolangatta to the south that will never be built out.</p>

<p>[smartcode_project:default project_id=9097 project_image_fid=209169]</p>

<p>AURA on the Beach has been designed by Brisbane-based Blight Rayner, led by its director and acclaimed architect Michael Rayner, to harness the strengths of its coastal location.</p>

<p>Each full-floor apartment will have four bedrooms, 3.5 bathrooms, and more than 10 metres of direct ocean frontage.</p>

<p>With an existing approval in place, ASF and Blight Rayner have sought to enhance the usability of AURA's outdoor spaces.</p>

<p>"We wanted to create an outdoor space that beckoned residents to use it. This gave rise to the fluid morphology of the balcony which shelters users from the elements whilst offering a depth ideal for relaxation, entertainment, and regular use." Fang says.</p>

<p>[smartcode_project:default project_id=9097 project_image_fid=209166]</p>

<p>"In addition to the ocean views that are part and parcel with the location, the Juliet balconies on AURA's western façade will offer a desirable vantage point to soak in sunset views of the Hinterland or cityscape."</p>

<p>ASF also expanded AURA's resident-only amenity offering which will include an ocean-view infinity pool, cabana, gym, and yoga room on the podium floor.&nbsp;</p>

<p>There will now be a rooftop alfresco entertainment area with views of the Gold Coast's cityscape and hinterland.</p>

<p>Only a handful of the full-floor apartments remain available in AURA's limited release.</p>

<p>[smartcode_project_cta:default project_id=9097]</p>


AURA will see only 26 full-floor residences on offer, and a single multi-level penthouse, one of the largest on the Surfers Paradise beachfront

AURA on the Beach full-floor residences at Northcliffe set for exclusive release

<p>Full-floor apartment projects have been at a premium since COVID-19 drove both locals and interstate buyers to the Gold Coast, seeking the largest apartments on the market.</p>

<p>But for the last six months or so, there's been little to no projects which are catering for the demand which, local agents report, is still very high.</p>

<p>Enter Nineteen, the new luxury address in a unique pocket on the border of Broadbeach and Surfers Paradise.</p>

<p>[smartcode_project:default project_id=110953 project_image_fid=209067]</p>

<p>Local Gold Coast developer Amansi Projects, led by Ayrton Mansi who has&nbsp;a proven track record in successful developments and land acquisitions, has assembled a team of the industry's top consultants to deliver the ultimate coastal living experience in what is being billed as a one-of-a-kind development.</p>

<p>Mansi says residents will experience the best of&nbsp;both worlds at Nineteen.</p>

<p>"You're close enough to all the amenities of which Broadbeach and Surfers Paradise have to offer, without living in the busy city centre", Mansi says.&nbsp;</p>

<p>“The position and aspect of the site inspired the design direction, resulting in a very special, one-of-a-kind, project that would be very hard to replicate on any other site in the surrounding areas.”</p>

<p>[smartcode_project:default project_id=110953 project_image_fid=209173]</p>

<p>The sought-after corner site had been tightly held since the 1960s, and has long been admired by developers as having all of the attributes to deliver an unrepeatable apartment development.</p>

<p>The project will sit on an amalgamated 809 sqm block at 17-19 First Avenue, 200 metres to the beach. It's located on the corner of First Avenue and Surf Parade, where the likes of Vue Apartments, Infinity, and The Gallery Residences have been developed in recent years.</p>

<p>"The site provides the convenience of being just minutes away from the luxurious Langham hotel and other great amenities," Mansi added.</p>

<p>Each apartment will span 280 sqm of internal floor space, with the balcony taking the total to 300 sqm. They will have three ensuited bedrooms, a multi-purpose room, and a study. There's also two parking spaces per apartment. Prices start from just under $3 million, a price which is expected to increase as construction gets closer. Completion is slated for early 2025.</p>

<p>The apartments feature timber flooring, stone benchtops, brushed nickel tapware, feature lighting, V-Zug appliances and&nbsp;smart home automation.</p>

<p>[smartcode_project:default project_id=110953 project_image_fid=209073]</p>

<p>The customisable 527 sqm, two-level penthouse offers four bedrooms, two multi-purpose rooms, and its own private terrace with a sunken lounge with firepit and a swimming pool.</p>

<p>Mansi says the project was designed to meet the needs of the downsizing market from the surrounding local suburbs and interstate buyers looking for a luxurious, owner-occupier apartment with all the facilities and amenities to match.</p>

<p>Nineteen will have two levels of resident’s recreation and amenity, featuring a resort style pool and spa, a gymnasium, sauna and steam room and barbeque areas. Designed for modern living, residents will also have exclusive access to work-from-home suites and a boardroom, with a community lounge and library.</p>

<p>[smartcode_project:default project_id=110953 project_image_fid=209075]</p>

<p>Andrew Erwin at NPA Projects, who are exclusively marketing the project, says the market needs a project like Nineteen.</p>

<p>"It's all about getting the size right in these instances, which Nineteen definitely has. To be offering 280 sqm in every apartment, and not be commanding beachfront prices which could be 30 or 40 per cent higher for the same product, is a huge advantage."</p>

<p>Due to the extensive work from home facilities, Erwin believes he'll be fielding enquiry from those who are still able to work remotely.</p>

<p>"The project talks to the gig economy," Erwin says.</p>

<p>"People can live, work and play in Broadbeach, and also do it within their own building. They're only ever likely to share the space with a handful of other residents at any one time. It almost becomes a private office.</p>

<p>Eastview Australia, which has delivered over $2 billion worth of innovative and sophisticated projects on the Gold Coast, has been appointed as the project and development manager.</p>

<p>[smartcode_project_cta:default project_id=110953]</p>


Full-floor apartment projects have been at a premium since COVID-19 drove both locals and interstate buyers to the Gold Coast

Nineteen at Broadbeach to take advantage of lack of full-floor apartment stock on the Gold Coast

<p>Buyers following the journey of developer Aniko Group are set to be offered something different in the prominent developer's portfolio.</p>

<p>Aniko, who have been responsible of the extensive residential development on Hope Island over the last few years, are branching out, but sticking with island life.</p>

<p>Their latest project to launch is Orama, on the in-demand Chevron Island, which has seen a boom in development in the last few years since the establishment of the Home of the Arts (HOTA) precinct.</p>

<p>Orama will rise 21 levels from 12-16 Weemala Street, conveniently located just off Thomas Drive, the retail, food and cafe which dissects the island. The site, put together by GV Property Group, is also located on the sought-after eastern side of Chevron Island, which makes it just a short 950 metre walk over the bridge to the heart of Surfers Paradise.</p>

<p>[smartcode_project:default project_id=111898 project_image_fid=209174]</p>

<p>There will be 102 apartments in the tower, six units per floor on the lower levels comprising two-bed, two-bath units with a study, and most with two car parks. Prices start from $795,000.</p>

<p>&nbsp;</p>

<p>On the higher levels there are three-bedroom skyhomes and two penthouses.</p>

<p>Plus Architecture has designed the tower, noting in their submission that they&nbsp;always design with the intent to produce buildings that are not only beautiful, but considered, functional and lasting.</p>

<p>A statement of Aniko's efficiency in the development space, they've taken just 10 months to go from site acquisition to project launch, having secured the sqm site in February. They got the green light from the Gold Coast City Council in October, and are expecting to start construction in the first half of next year.</p>

<p>Aniko Managing Director George Mastrocostas said they were extremely happy to have council approval behind them, as they now look to the next phase of delivering Aniko’s signature dose of luxury to Chevron Island</p>

<p>“With all approvals now in place, we are looking forward to carrying the next luxury offering into Chevron Island, which will be competitively priced against other off the plan stock in the area,” Mastrocostas said.</p>

<p>[smartcode_project:default project_id=111898 project_image_fid=209175]</p>

<p>&nbsp;</p>

<p>While still delivering their projects on Hope Island, Aniko looked away from the popular pocket to bring something new to their portfolio.</p>

<p>“This pocket of the Gold Coast has a unique character that you can’t replicate elsewhere – its exclusive, its vibrant and its quickly becoming one of the most sought after residential enclaves on the coast,” Mastrocostas said.</p>

<p>“Orama is just a short walk to Surfers Paradise, the beach, the Gold Coast’s cultural heart and all the amenities the central Gold Coast has to offer.”</p>

<p>Mastrocostas said the apartment development would appeal to a wide buyer demographic, from discerning owner occupiers through to long-term investors when it launches to the market in the coming months.</p>

<p>[smartcode_project:default project_id=111898 project_image_fid=209176]</p>

<p>“This project will cater to a broad market of buyers, from the interstate migrants to local downsizers or luxury upgrader, its idyllic layout makes it the ultimate location for households both big and small."</p>

<p>The rooftop of Orama will feature a sprawling rooftop recreation area overlooking the Surfers Paradise skyline.</p>

<p>The full 21st level will home a&nbsp;lap pool and spa with 180 degree views across the ocean, a gym with a sauna and a yoga space, and a business lounge with private offices, booths, and a boardroom.</p>

<p>[smartcode_project_cta:default project_id=111898]</p>


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