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

Goldfields sets the stage as Quartet Milton launches

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

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

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

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

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

A private Singaporean developer is seeking to create the newest tower in the evolution of St Leonards in North Sydney.

Plans have been filed for a 39-level, mixed-use tower by&nbsp;Elegant Private, which is directed by the China-born Zirong Zhao.

Zhao has previously sought to develop student accomodation in Sydney's Haymarket. Elegant Private is a subsidy of the Singapore-based commercial property developer Grantal Enterprise.

The plans for the $123 million tower at 100 Christie Street, just across the road from the St Leonards train station and adjoining Christie Street Reserve, include over 5,700 sqm of commercial space in the five-level podium, set above ground floor retail and a six-level basement which will hold 112 resident parking spaces.&nbsp;

<img alt="Christie St" data-entity-type="file" data-entity-uuid="4ca46635-0dae-4fec-9fa6-812a8272d130" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-19%20at%201.20.55%20pm.png?VersionId=4gRKAFTgE2LiIweaWl0Jnqk5I.g.xMKK" />

The residential section of the building will start from level seven, above the landscaped level six outdoor communal area which will feature an extensive variety of resident facilities, from an outdoor cinema to yoga lawns.

A mix of 186 one, two and three-bedroom apartments will be spread over the next 32 levels, with an average of six apartments per floor.

Levels 37 and 38 will home four two-level penthouse apartments, each with five bedrooms, a soaring void over the ground level living area and a butler's pantry.

PTW Architects have designed the tower. Director Simon Parsons, who signed off on the design statement lodged with the North Sydney Council, suggested in the submission that the proposal presents a high-quality mixed-use development in a liveable and connected precinct, to utilise the nearby amenity of St Leonards and Metro Stations and future St Leonards Plaza.

<img alt="Christie " data-entity-type="file" data-entity-uuid="a29dd4bf-88d3-45a0-9466-0b95716dfb73" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-19%20at%201.21.00%20pm.png?VersionId=Xs.kokTraxmKLNKK5rABtG895lisBZFo" />

"The proposed development consists of a tower and podium form, which is in line with the desired future character of the street and surrounding buildings," PTW wrote in their statement.

PTW also suggested the mix, weighted toward two-bedroom apartments, provides&nbsp;great housing choices to the community, but also responds appropriately to the market demand in the St Leonards area.&nbsp;

<img alt="Christie " data-entity-type="file" data-entity-uuid="a52b5d72-64c8-41ba-8ab6-1e7b7610a6ca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-19%20at%202.24.13%20pm.png?VersionId=zLOoAivTjFsTuzPf7sORzS6_25ilO5nK" />

The site is divided into two distinct components. On the southern part of the site is a 12-level commercial tower, and to the north is Christie Street Reserve.

As&nbsp;part of a voluntary planning agreement, Christie Street Reserve and Sergeants Lane will be upgraded to a design by RPS landscape architects.

PTW note that the tower and the upgrade of the landscaped areas will combine to create a major piece of urban design that will transform a key hub within the heart of St Leonards.&nbsp;

"The design proposes to transform the public domain by facilitating movement, activating retail frontages, enhancing sight lines and amenities and an overall better connection to Christie Street reserve and the wider community."

<h2>100 Christie Fast Facts</h2>

<ul>
	<li>Commercial/Retail GFA: 5,708 sqm</li>
	<li>Residential GFA: 18,466 sqm</li>
	<li>Total GFA: 24,174 sqm</li>
	<li>Apartment Mix - Total 184 units</li>
	<li>12 One Bed units (6%)</li>
	<li>132 Two Bed units (72%)</li>
	<li>36 Three Bed units (20%)</li>
	<li>4 Penthouse units (2%)</li>
	<li>DDA Units - 37 Adaptable units (20%)</li>
	<li>37 Silver units (20%)</li>
	<li>A communal open space on level six&nbsp;provides for a range of activities for the residents, which include;
	<ul>
		<li>Outdoor kitchen and dining areas.</li>
		<li>Outdoor cinema</li>
		<li>Outdoor golf simulator</li>
		<li>Outdoor office and seating areas</li>
		<li>Outdoor lounge areas</li>
		<li>Yoga lawns</li>
		<li>Playgrounds</li>
		<li>Off leash dog areas</li>
	</ul>
	</li>
</ul>

A mix of 186 one, two and three-bedroom apartments will be spread over the next 39-level tower, an average of six apartments per floor

First look: New mixed-use tower planned for St Leonards

ASX-listed developer Mirvac has revealed its $350 million luxury residential tower, Trielle, the tallest building to be introduced to their multi-award-winning Yarra’s Edge community in Melbourne.

Formerly referred to as Tower 9, the 45-level tower will be the jewel in the crown of the vibrant precinct, commanding an unrepeatable waterfront position on the Collins Street axis of Melbourne, just 12.5 metres from the Yarra River.

Trielle will feature the most abundant amenity offered to date.

Residents will have access to a library and work pods, the Saletta Business Lounge, a piano bar with self-playing piano, a&nbsp;wine cellar, games room and cocktail bar, theatre, and a golf simulator.

There's also the Oasis Retreat, complete with&nbsp;urban rainforest gardens, a Scandinavian-inspired wellness centre, 25-metre pool, magnesium pool, spa, sauna, cold-pailing and treatment rooms.

<img alt="Trielle" data-entity-type="file" data-entity-uuid="40b1ab35-52e2-4acf-b3e2-35e25ebe09cf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-19%20at%2012.05.30%20pm.png?VersionId=2syZpjAGjF.aSJ4e0r51kb5_aubXLj2m" />

Mirvac’s announcement follows planning amendment approval received earlier this year, with Mirvac’s General Manager, Residential Development Victoria, Elysa Anderson, saying the upcoming launch in 2023 of Trielle demonstrated prospective purchasers’ ongoing appetite for premium, lifestyle-focused apartments.

“Market vacancy across the east coast residential market has fallen to around 1.5%, new apartment starts are at lowest levels seen since 20122 , and with the recent increase of permanent migration caps, we are seeing an acceleration in population growth, Anderson says.

"Discerning buyers are acting decisively in the tightening market to secure quality, larger apartments setting themselves up for future growth.

“In particular we are seeing demand from customers that are wanting to downsize – especially when presented with a compelling value proposition like Trielle, in a location with so much going for it.”

Anderson said Trielle will likely appeal to a broad owner-occupier demographic, most predominantly the right-sizer buyers looking for a new lifestyle offering, close to the city, with unrivalled amenity. Anderson is anticipating out-of-towners looking for a city base, and experienced apartment dwellers looking to upgrade, to make up a good portion of demand.

<img alt="Trielle 2" data-entity-type="file" data-entity-uuid="81af8803-29d9-4a03-8fb5-76038b78bec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-19%20at%2012.05.40%20pm.png?VersionId=U45uaf2yXJ6SrSLiVatI7Z4TAFMua5L0" />

“Our highly anticipated Trielle tower will deliver a legacy project to our vibrant waterfront precinct and draws on our 50 years of experience to offer a new level of prestige and sophistication in apartment living in a location like nothing else in Melbourne,” Anderson added.

With architecture and interiors by Mirvac’s award-winning in-house design team, Mirvac Design,&nbsp;Trielle tower will combine its exclusive location and north-facing riverfront orientation, with 191 apartments, a nine-level podium, ground-level retail space and above-ground parking.

The all-electric tower has also been designed to go beyond current sustainable building codes and will evolve under construction, with a centralised electric heat pump hot water system, rainwater and stormwater storage and reuse and induction cooktops as standard.

Mirvac Design Director, Michael Wiener, said the tower was “jewel-like” in appearance, faceted like a gem, with an angular glazed façade to reflect light and “shine like a diamond.

“Trielle offers riverside rarity and timeless luxury with impeccable craftmanship,” Wiener said.

“The design hinges on the waterfront aspect of Trielle, its view of the city and its commanding presence on the city’s skyline. There is no other site like it in Melbourne that brings together the city, the river and the sky in such a striking way.

<img alt="Trielle 3" data-entity-type="file" data-entity-uuid="261078d6-8cdb-4492-ba95-2d352e542a33" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-19%20at%2012.05.35%20pm.png?VersionId=0VtW2DjRaG0Dr1XsWh32EOpPNcgKEV4x" />

“Trielle will create breathtaking moments for residents, evoking a response of pride of ownership. Residents will be proud that they are a part of something truly beautiful and unique.”

Trielle’s landscape design will flow from the promenade and through the building, creating an ‘urban forest’ at Yarra’s Edge, that is continued throughout the building’s common areas.

“Trielle’s amenity is focused on making time for wellness,” Mr Wiener said. “The level of luxury and amenity is unprecedented, with a particular focus on celebrating life’s most precious commodity – time – freeing residents up to make time for what matters most, their health and wellbeing.”

Trielle will join Mirvac’s impressive Victorian apartments portfolio, which encompasses Voyager at Yarra’s Edge, The Eastbourne’s luxury residences in East Melbourne, and the recently topped-out Forme at Apartments of Tullamore in Doncaster.

Yarra’s Edge is a coveted 14.5-hectare inner-city waterfront community located on the north-facing bank of the Yarra River that has been developed by Mirvac for more than 20 years.

Now home to over 3,000 residents, Yarra’s Edge is anticipated to include 2,300 dwellings once complete. Designed around wellbeing, Yarra’s Edge already features extensive parkland, state-of-the-art health and fitness facilities at Wharf Club and a marina, with future plans for a boutique retail hub to serve the local community, the broader Fishermans Bend, and Docklands catchment areas.

Expressions of interest are now being registered for Trielle by Mirvac, with the official launch planned for early 2023 and construction anticipated to commence in mid to late 2023.&nbsp;

Formerly referred to as Tower 9, the 45-level tower will be the jewel in the crown of the vibrant precinct, commanding an unrepeatable waterfront position on the Collins Street axis of Melbourne

First look: Mirvac reveal Yarra's Edge tallest tower, Trielle

The Mirvac Construction team continue to make progress on-site in Tullamore, a testament to Mirvac's reputation for delivering exceptional living experiences for the last 50 years. Construction is on-track, as completion on the final residential building in the prestigious masterplanned community in Melbourne’s Doncaster,&nbsp;FORME fast approaches - an exciting milestone for the group.

Buyers won't want to miss the final opportunity to become one of the fortunate few to call FORME home, with a limited number of two-bedroom residences remaining. Designed by Mirvac's award-winning in house design team, the luxury residences have been inspired by the natural elements with every feature, from the soft curves to the warm timbers, each a gentle nod to the splendour of the established community.&nbsp;

[smartcode_project:default project_id=100322 project_image_fid=163028]

Crafted with natural details and timeless sophistication, FORME'S expansive two-bedroom residences include large kitchens and light-filled living and dining areas, with seamless indoor and outdoor living created through the adjoining terrace balconies, with lush garden planters designed by Paul Bangay.&nbsp;&nbsp;

Stuart Penklis, Mirvac Head of Residential said they were extremely proud to be able to deliver the 47-hectare award-winning community in Doncaster, which is already home to over 2000 residents.

“Tullamore is a premier example of our pursuit to deliver quality and care in every little detail.&nbsp; Home to over 900 residences it includes a mix of house and land, premium built homes and the prestigious apartments of the Tullamore Precinct with buildings Phoenix, Folia, and FORME. Formally the Eastern Golf Course, Mirvac acquired the site in 2015 and has worked collaboratively with local council, the community, and project stakeholders to create an outstanding living environment inspired by the natural surrounds,” he&nbsp;said.&nbsp;

Diana Sarcasmo, General Manager Mirvac Design Marketing and Sales said it was really important that Mirvac enhanced, conserved and celebrated the natural beauty of the iconic site, adding new residences and amenity in the most environmentally friendly way.&nbsp;

[smartcode_project:default project_id=100322 project_image_fid=167728]

“Our talented in-house design team have taken the utmost care to ensure the built form is integrated seamlessly into the existing landscape, with approximately 30 per cent of the community devoted to Green open space encouraging an active lifestyle,” Sarcasmo said.&nbsp;

As the last of its kind, FORME is the final opportunity to secure your place in Mirvac's coveted Apartments of Tullamore precinct in Doncaster.

"Mirvac’s goal has always been to create a vibrant and diverse community at Tullamore leaving a lasting legacy that encourages integration and interaction. This dedication to quality and care in every detail has resulted in numerous repeat purchases in Tullamore with residents encouraging their friends, parents, children and siblings to also live in the community,” Sarcasmo said.&nbsp;

[smartcode_project_cta:default project_id=100322]

As the last of its kind, FORME is the final opportunity to secure your place in Mirvac's coveted Apartments of Tullamore precinct in Doncaster.

FORME by Mirvac nears sell out - final opportunities remaining 

Work has&nbsp; commenced on a 136-hectare masterplannned community in the heart of the regional city, Busselton.&nbsp;

Positioned at the gateway to the Western Australian food and wine mecca of the Margaret River, the new community, Embark, is located in one of the fastest growing regions in the southern half of the state, which Yolk Property Group and Banner Asset Management are set to capitalise on.&nbsp;

Banner Asset Management Chief Investment Officer, John Byrne, said the project is the company’s first in Western Australia, marked as a strategic investment which diversifies its product portfolio and expands its national footprint.

“In addition to the asset’s outstanding location and residential zoning, we were drawn to the region’s rapidly growing population which is being stimulated by a broadening employment base and coastal lifestyle attractions,” he said.

<img alt="Render of Embark" data-entity-type="file" data-entity-uuid="01ab509d-034e-4f5f-be25-42da50fc7fcd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Embark%20Busselton_Hero_View_High%20res_REV2%206k.jpg?VersionId=1L.trI5CTtKN49ZT774HShcHlCSBnJsH" />Render of the masterplanned community, Embark. Image supplied.&nbsp;

“Busselton has benefitted from significant private and civic infrastructure investment over the past few years making this an attractive long-term opportunity.”

956 new housing lots will be created across the site, which is bounded by the Vasse Highway, Bussell Highway and Outer Bussell Highway.&nbsp;

Plans are also already underway to open a pop-up café on site at Embark in the new year, and Yolk is working with the City of Busselton to fast-track an adventure playground and display village.&nbsp;

Tao Bourton, CEO of Yolk Property Group, said the company was pleased to see earthworks for the project get underway.&nbsp;

“We’re looking forward to bringing to Busselton our fresh-thinking approach to community, housing design and liveable neighbourhoods,” said Bourton, who has family ties to Busselton.&nbsp;

“The scale of the development at Embark will enable significant investment in community infrastructure, while the new design and landscaping concept will complement the natural landscape and adjoining residential community.”&nbsp;

In line with Yolk Property Group’s commitment to innovation, the focus at Embark Busselton will be on bigger blocks, with the average parcel of land spanning 650 sqm, in addition to more trees and natural vegetation, along with a host of features designed with the community and their lifestyle in mind.&nbsp;

<img alt="Render of Embark" data-entity-type="file" data-entity-uuid="03e45997-1867-452b-86bb-a1b82e132bc7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Embark%20Busselton_Streetscape_View_01_01_High%20res%206k.jpg?VersionId=jVvWidwLgqWnr.MAgoVO4uLICanDjTfr" />Render of the masterplanned community, Embark. Image supplied.&nbsp;

As the largest masterplanned community in Busselton, Embark will deliver a range of housing choices, including retirement living, along with a new town centre as well.&nbsp;

Mayor Grant Henley, who recently turned the first sod at the project site said Embark had an important role to play as the City of Busselton continued to evolve and grow in the coming years.

“Embark will help meet escalating demand for new housing as our population heads towards 50,000 people by 2026,” Henley said.

“Investment in infrastructure, attractions and our beloved foreshore have reaffirmed Busselton’s popularity as a thriving destination for visitors and thousands of new locals alike.”

Yolk is inviting expressions of interest in the first lots at Embark, due for release in February 2023.

Yolk Property Group and Banner Asset Management to deliver Busselton’s largest master planned community

Leading South East Queensland builder turned developer Graya is continuing to bolster it's Palm Beach, Gold Coast apartment development pipeline.

Having filed <a href="/news/qld/exclusive-first-look-graya-set-for-ripple-palm-beach-apartments">plans for Ripple Palm Beach in August</a>,&nbsp;Graya, led by brothers Rob and Andrew Gray, have lodged plans for Kloud Palm Beach, a collection of just 20 apartments on the sought-after Jefferson Lane dress circle.

The 824 sqm site at 154 Jefferson Lane was put together and sold by local development site amalgamation specialists GV Property Group.

Kloud will rise 10 levels and have a mix of two, three and four-bedroom apartments.

Graya now has four projects planned across Mermaid Beach, Burleigh Heads and Palm Beach. Their other Palm Beach project Ripple is just up the road on the beachfront.

<img alt="d" data-entity-type="file" data-entity-uuid="a8190c8d-08fe-4409-9959-4926ae5c0689" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-19%20at%209.16.33%20am.png?VersionId=Qz3A5uS7xND4SLPO6CHZrseHtw.Gazbx" />

Graya Managing Director Rob Gray says Palm Beach ticks all the boxes for what the team were looking for.

"When selecting a site, we look closely at all of the fundamentals - demand, future infrastructure investment, and lifestyle," Gray says.

"After carefully assessing these criteria, it was a no-brainer when selecting Palm Beach as the ideal location for our next multi-residential development.

"Palm Beach has evolved to be the lifestyle capital of the Gold Coast, with some of the coasts best cafes, bars and restaurants in the precinct, and of course, easy access to one of Queensland's best beaches."

<img alt="d" data-entity-type="file" data-entity-uuid="30fdb7ce-d97d-4757-b079-dc14bf6e6069" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-19%20at%208.13.34%20am.png?VersionId=sN1Gng1i4ux20ZVep0gQIfdp4NH_AkJz" />

In the design submission lodged with the Gold Coast City Council, Graya's inhouse design team said&nbsp;Kloud is a concept that formed from exploration of the coastal lifestyle and its daily patterns and routines.

"Waking with the sunrise, an early morning surf and grabbing a coffee from the local. These patterns are fluid but define a strong rhythm unique to coastal living.&nbsp;

The apartments are primarily oriented towards the coastline, offering sweeping views and visually extending the outdoor spaces.

A communal swimming pool is located on the ground level.

&nbsp;<img alt="f" data-entity-type="file" data-entity-uuid="1a9ca3dc-53eb-4d91-a7ff-8055c9fd2202" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-19%20at%209.16.47%20am.png?VersionId=7NP1IiOboxl1Z_vRwa.6ALLnhOFTrkvc" />

Andrew Gray, Graya's Co-Managing Director, says the&nbsp;Gold Coast is synonymous with beaches, great weather, and a strong sense of community.

"We're looking forward to showcasing our first Gold Coast multi-residential development, Kloud, and everything it offers.

"This luxury development will be designed and built by Graya. We opted for the name Kloud as it reflects our vision to bring sky homes that float above the horizon, with long views along the beach to Burleigh Headland in the North and Currumbin Headland to the South."

&nbsp;

Graya now has four projects planned across Mermaid Beach, Burleigh Heads and Palm Beach.

GRAYA unveil second Gold Coast apartment project

Following hot on the heels of Bassar Construction Group’s sell-out success project, Infinity, the group has launched its sister development on a prime beachside site in Broadbeach.&nbsp;

Hutchinson Builders are due to complete work on Infinity in the second quarter of 2023 before moving on to start construction on Eternity, which has been designed by the award-winning Plus Architecture.&nbsp;

Conceived as a slender and coastal-inspired tower, the building will be interwoven with elements of nature.&nbsp;

[smartcode_project:default project_id=108356 project_image_fid=208981]

Lush landscaping and perimeter planting is set to don the ground level of the development, with Bassar’s Leo Sarris saying they want people to feel a connection to nature the moment they enter Eternity.&nbsp;

“We want people to feel that connection to nature from the moment they step inside the grounds, from the comfort of their living spaces, and from their balconies facing the ocean,” he said.&nbsp;

“Even though Broadbeach is an inner-city suburb, you have this wonderful foreshore and the beach right there on the doorstep.”

[smartcode_project:default project_id=108356 project_image_fid=208983]

The project will deliver 88 apartments across 35 levels, in addition to a full level dedicated to residential amenity, including a pool, gym, yoga lawn, an outdoor deck with barbecue facilities, a private dining room, and a business centre to cater for remote workers.&nbsp;

A mix of floorplans will be on offer at Eternity with three-bedroom apartments planned for the lower levels, spanning from 189 sqm to 214 sqm. 300 sqm half-floor sky homes will also be available, featuring four-bedrooms plus a multi-purpose room, along with two 597 sqm penthouses which will be set over two levels, complete with a rooftop terrace.&nbsp;

[smartcode_project:default project_id=108356 project_image_fid=208984]

Located at 14-18 Mary Avenue, view lines are set to be the main attraction at Eternity, with the eye travelling to the ocean over school grounds which will never be built out.&nbsp;

“For those who are downsizing from a house in a suburb away from the beach or coming from city locations, views of the ocean are number one,” said Sarris.

“Having lived through the events of the past two years, the ability to sit outside, see the water, and walk to the beach or exercise along the foreshore are almost non-negotiable.”

[smartcode_project:default project_id=108356 project_image_fid=174111]

Finishes in a classic coastal palette will reflect a laid back luxury beachside lifestyle, with wide engineered oak floorboards complementing natural stone bench tops, brushed metal tap ware, wool carpet, and timber veneer cabinetry.

Apartments are priced from $1,750,000 with&nbsp;Sales Agent, Andrew Ramsey suggesting&nbsp;Eternity is ticking the right boxes with buyers.

“Eternity was presented to the Kollosche database as well as those who purchased in Infinity,” Ramsey said.&nbsp;

“Buyers have instantly seen the value of the location, size, and finishes on offer at Eternity.”

[smartcode_project_cta:default project_id=108356]

Bassar Group launch Eternity, the sister apartment development to Infinity Broadbeach

Mirvac are teaming up with the multi-award winning Smart Design Studio to bring a collection of terraces to the rapidly expanding Green Square Town Centre.&nbsp;

Portman St Terraces by Mirvac will introduce seven limited edition terrace homes to the leafy Portman Street, forming a contemporary extension to the Victorian-era terraces and cottages that have endured since the 19th century.

<img alt="Portman St Terrace" data-entity-type="file" data-entity-uuid="ebe0a3c0-7499-4405-a701-448a257c4df7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/MIR2466_GreenSquareBuildingDTerraces_S010_EXT_Facade_Final2000.jpg?VersionId=0pUXElb3MHq1MESlT3yDW5749CvYVJtH" />Render of a&nbsp;Portman St Terrace by Mirvac. Image supplied.

Displaying the signature white on white that has become synonymous with the William Smart led studio, the Portman St Terraces will benefit from their own street address and entry, in addition to a lift from the secure basement parking and a rooftop entertaining deck, complete with an outdoor kitchen and flexible family room.

“There was a sense of creating something quite grand and luxurious but with an understated approach to luxury,” Smart said.

“Something that would feel on trend now and in 30 years. It’s more about the precision of the detailing and quality of the materials and the way they work together.”

The terrace homes will deliver open plan living on the ground level, with four-bedrooms spread across two levels. The kitchens will feature timber joinery and large format stone benchtops, as well as Gaggenau appliances, connecting to timber wall panelling in the living and dining areas.

“The colour palette is also pared back; where Victorian terraces typically favour high contrast, we were interested in exploring a subtle and harmonious combination of materials and colours."

In a further break with Victorian tradition the terraces will be light and airy, with courtyards both in the front and back, along with a central sculptural staircase that funnels light through the building to the rooms on every level.

<img alt="Portman St Terrace" data-entity-type="file" data-entity-uuid="afe7eecf-cf80-462b-b884-fc9a7f4cabb4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/MIR2466_GreenSquareBuildingDTerracesStills_S030_INT_Kitchen_Final2000.jpg?VersionId=5Jc6nmavpTFTUVH8.JFYXoSKGwS15tkv" />Render inside one of the&nbsp;Portman St Terraces by Mirvac. Image supplied.

Mirvac General Manager of Residential Development NSW, Toby Long said the opportunity to own a Smart-designed, Mirvac terrace home in a neighbourhood where new construction tends towards apartments not houses, would satisfy the interest from buyers in search of high-end homes at Green Square.

“Green Square Town Centre has become a magnet for people in search of a luxury designer home where they can enjoy the urban buzz and still be close to the CBD,” said Long.

“The demand for three and four-bedroom residences at The Frederick, a collaboration with Smart Design Studio and Mirvac Design, has been extraordinary. We had the same experience with Portman on the Park and Portman House, a CO-AP and Mirvac Design collaboration, which led to a number of apartment amalgamations to form larger residences.”

“Our Green Square properties have been selling extremely well, signalling the strength of the owner occupier market and the growing appeal of this neighbourhood to those seeking a high end luxury home,” Long added.&nbsp;

While details of the Portman St Terraces have been kept under wraps before the official marketing launch, word of mouth has led to a steady stream of inquiry which has come as no surprise to Long.

“William Smart is one of Australia’s most celebrated architects,” he said.&nbsp;

“We have partnered with Smart Design Studio on several previous projects, including Maxwell Place at Harold Park and The Moreton at Bondi, and The Frederick, which is now under construction.”

In a further break with Victorian tradition the terraces will be light and airy, with courtyards both in the front and back, along with a central sculptural staircase that funnels light through the building to the rooms on every level.

Mirvac reimagines the traditional victorian terrace at Green Square

Polites Property Group has bolstered it's growing Gold Coast apartment development pipeline, submitting plans for a boutique tower on a recently acquired site on Surf Parade in Broadbeach.

Acquired off market, the 607 sqm 152 Surf Parade site is located in the heart of Broadbeach, opposite Nikiforides Family Park and near to Broadbeach Bowls Club and Broadbeach Surf Life Saving Club.

It will home just 21 apartments, 18 three-bed units and three four-bedroom apartments.

With sweeping protected views overlooking the green expanses of the park extending to the ocean, Polites joint Managing Director, Marcus Polites said the site had been purchased with the intention of building a boutique project featuring an exclusive number of full-floor residences.

“With an idyllic location opposite one of Broadbeach’s most iconic parks, this site offers a unique aspect in a coveted, central location,” Polites said.

“There is strong demand for large format, full floor apartments along the coastal strip and in Broadbeach, this is hard to come by.”

<img alt="Polites Surf Parade" data-entity-type="file" data-entity-uuid="8ebd91fd-823d-4c4d-954d-18207fad06b7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-23%20at%202.03.30%20pm_0.png?VersionId=F6VQSR7qVCOmqSK0rkBUTWkMwYiVljbU" />

“Our intention is to create a development that provides a boutique offering comprising 22 full floor residences including two sub penthouses and a penthouse boasting exceptional park, ocean, and coastline views. The residences will be accompanied by an array of premium, exclusive and private luxurious amenities and four levels of basement parking.”

Marcus and his twin brother Alex are the grandson’s of late property tycoon and BRW rich-lister Con Polites, who amassed a portfolio of more than 50 Adelaide CBD buildings before his death in 2001, which the Polites family still own, manage and develop.

Reaping the benefits of three generations of property experience and a track record working with some of the best in the business, the brothers are the developers behind several prominent Gold Coast sites, all of which are being developed as joint ventures, including the sell-out success Cabana at Palm Beach, Belvue Broadwater at Runaway Bay, and La Mer at Main Beach.

<img alt="Polites Surf Parade" data-entity-type="file" data-entity-uuid="4630f150-e19d-42a6-9687-21dab2267278" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-23%20at%203.09.47%20pm.png?VersionId=ZZtsZKXFDbEfZQxmM550ZgU1lpzfVlK7" />

Polites said the proposed development is expected to assist with addressing the significant dwelling supply shortfall in the city and will add a new level of sophistication and luxury to the residential apartment offering in the thriving suburb of Broadbeach.

“Broadbeach is peaking in popularity as the suburb redefines itself as the Gold Coast’s celebrated epicentre,” he said.&nbsp;

“As a result, a broad demographic of residents are seeking out the suburb to experience everything the iconic Gold Coast lifestyle has to offer, with easy access to premium lifestyle amenities in a stunning yet central beachside location.

“This suburb has long been renowned for its high level of walkability, and with easy access to more than 50 quality cafes and restaurants, high-end retail at Pacific Fair, the casino, the convention centre and surf clubs plus the beach and parklands - it is no surprise that Broadbeach continues its reign as one of the Gold Coast’s most desired destinations.

Polites said the proposed development is expected to assist with addressing the significant dwelling supply shortfall in the city and will add a new level of sophistication and luxury to the residential apartment offering in the thriving suburb of Broadbeach.

Polites plot $89 million luxury Broadbeach apartment project on Surf Parade 

ALAND has welcomed the first crop of residents in two of their Western Sydney projects; Lotus and Breynia in Schofields and The Hoxton in Liverpool.&nbsp;

Delivering 677 homes to market at a time when New South Wales is facing one of the most dire supply shortages in decades, a majority of the stock has been taken up by first home buyers, looking to get their foot in the property market door.&nbsp;

According to the 2022 Apartment Supply Pipeline Report just delivered by the Urban Development Institute of Australia (UDIA) NSW, the state’s current apartment deficit of 48,000 units is expected to get worse before apartment completions would eventually reach demand.&nbsp;

The report shows that New South Wales would need to produce 25,000 new apartments each year for the next 13 years to balance the scales.

&nbsp;

[smartcode_project:default project_id=29042 project_image_fid=165521]

ALAND founder and director Andrew Hrsto said despite the sobering outlook and the rising interest rate environment, the grroup has forged ahead this year to settle 374 apartments in stages five and six of its staged Schofield Gardens project along with 303 apartments at The Hoxton, a 32-storey apartment project in Liverpool.

“We have been able to find the formula for creating quality homes at affordable prices in locations that are future growth centres,” Hrsto said.&nbsp;

“We’ve been very encouraged that the apartments are settling – the valuations have held up, and our buyers are able to lock in the finance and that’s exceptional news,” Andrew Hrsto says.”

ALAND will have over 1300 apartments under construction in 2023, with 652 apartment units expected to be completed in the second half of the year, as well as progressing the planning of a further 5500 homes.

Currently under construction is ALAND’s Carson on the Park in St Marys that will bring 289 apartments priced from $475,000, Paramount in Parkes in Parramatta will deliver 331 apartments with prices beginning from $655,000.

[smartcode_project:default project_id=9187 project_image_fid=181002]

In Merrylands, The Gladstone Village offers 363 apartments starting at $482,000, while Archibald in Gosford offers 363 apartments starting at $475,000.

“We are dedicated to making a positive contribution to the future of Western Sydney and both Schofield Gardens and The Hoxton, Liverpool are a reflection of that promise. Our commitment is to deliver quality homes that represent true value for money for all buyers,” he added.

Both the Schofields Gardens stages and The Hoxton Liverpool are sold out with more than half of the apartments bought by first-home buyers. At Schofield Gardens, where sale prices were between $430,000 for a one-bedroom and $800,000 for a three bedroom, approximately 56 per cent of the apartments were purchased by first-timers. The Hoxton Liverpool, where prices ranged between $432,000 and $709,000, approximately 55 per cent of apartments were sold to first-home buyers.

[smartcode_project:default project_id=9198 project_image_fid=164866]

“At ALAND, we see an opportunity to help even up that disconnect between supply and demand while delivering quality homes and investment opportunities in Western Sydney, specifically in areas supported by great infrastructure.”

“Liverpool and Schofields are two vibrant communities offering residents a wealth of amenities including lifestyle facilities, great transport connections and employment hubs. We’re delighted to have created these landmark properties which will provide high quality accommodation for hundreds of people for decades to come.”

NSW Treasury data has revealed Liverpool and Schofields were the top two in-demand suburbs for first home buyers over the last financial year. Both developments fell within the price thresholds for a variety of government assistance schemes, therefore allowing hundreds of buyers to get onto the property ladder sooner.

In the year to July 31, the NSW Government assisted first-home buyers with almost $566 million in grants, duty exemptions and concessions.&nbsp;

From January 16, eligible first-home buyers purchasing a home under $1.5 million can also avoid a hefty up-front stamp duty fee by opting into an on-going property tax instead.

[smartcode_project:default project_id=7642 project_image_fid=197136]

ALAND CEO George Tadrosse said by supplying the market with a variety of quality affordable housing stock, both first-home buyers and investors are able to tap into the power of real estate as a source of wealth creation.

“Investors have been turning to these projects in Schofields and Liverpool in the knowledge that there is a genuine need for more rental stock in Sydney. With low vacancy rates and an influx of post-pandemic immigration on the cards, investors are filling an incredible need for accommodation,” Tadrosse said.

In stages five and six of Schofield Gardens approximately 26 per cent of the apartments went to investors while at The Hoxton Liverpool investors accounted for 34 per cent of the sales.

“Our goal moving forward is to continue to help Sydney meet this growing demand by releasing more stock into the marketplace. There are ongoing challenges including the impacts of a complicated planning environment, but we remain hopeful that we’ll be able to continue to progress the additional 5500 homes we have in the earliest stages of delivery next year,” George Tadrosse added.

In stages five and six of Schofield Gardens approximately 26 per cent of the apartments went to investors while at The Hoxton Liverpool investors accounted for 34 per cent of the sales.

ALAND set to deliver over 675 apartments amid New South Wales supply shortage 

A new trend of sorts is starting to occur at one of Melbourne’s newest addresses.&nbsp;

More than half the buyers at an exclusive hotel-branded residences in the last quarter have reserved more than one apartment.&nbsp;

80 per cent of the apartments at Riverlee’s luxury mixed-use precinct, Seafarers, have been sold, taking the project’s sales total to $170 million, with just 18 properties left on the market.&nbsp;

[smartcode_project:default project_id=27728 project_image_fid=173915]

The $550 million project has been crafted in collaboration with&nbsp;renowned architecture firms Fender Katsalidis, Oculus, CARR design and ODO,&nbsp;centred on an inspired reimagining of the heritage-protected Goods Shed No.5.

The landmark development heralds a new era of luxury riverfront living, with the five-star amenity and services of the world’s leading sustainable luxury hotel at its centre. The precinct will feature a luxurious lobby lounge bar, world-class event venue and meeting spaces, a state-of-the-art health centre, food and beverage offerings, and a 3,500 sqm landscaped haven, known as Seafarers Rest.

Recent sales data has also revealed that purchasers are finding value in a new approach to multi-generational living, purchasing more than one residence to accommodate extended family members and guests.

Colliers director Brett Griffith says as more downsizers embrace luxury apartment living, they are finding unique ways to still accommodate their loved ones under one roof.

“The majority of the Seafarers community are downsizers, and 50 per cent of our buyers in the last quarter have purchased more than one apartment. We are now seeing existing Seafarers purchasers reserve additional residences for their loved ones, including one family that has bought multiple apartments,” he said.

[smartcode_project:default project_id=27728 project_image_fid=173922]

“While it may seem unconventional at first glance, one of the biggest concerns for downsizers is where they will accommodate guests, older parents or mature-age children when the need arises. Leveraging the equity from their old family home to invest in a second property within the same building presents a solution to this.”

Home to Australia’s first 1 Hotel property, and Melbourne’s first international hotel-branded residences, Seafarers will provide residents with all the luxury amenity and services on offer within the building’s five-star hotel, including housekeeping, in-house maintenance, room service and a 24-hour valet.

In addition to the amenity, the hotel provides an additional opportunity for residents to have their friends and family stay with them under the same roof, but not in the same home.

Riverlee Development Director, David Lee said the range of luxury amenities and unparalleled level of service on offer at Seafarers appealed to a broad demographic.

“The multitude of hotel services offered – concierge, valet, personal shopping, botanical care, and many others – really appeals to many different purchaser profiles. Speaking to our purchasers, those downsizing find the hotel and included amenity a great comfort,” Lee said.&nbsp;

[smartcode_project:default project_id=27728 project_image_fid=173924]

“Their day-to-day life no longer requires a four-bedroom home, but having children and grandchildren stay, remains a constant. The hotel affords them the ability to have family stay, while at the same time enjoy the luxuries of a lower maintenance lifestyle.”

“Our residents are optimising on the opportunity to share the convenience and lifestyle benefits of Seafarers with their friends and families, and that will ultimately play a really vibrant role in the fabric of the Seafarers community.

“Seafarers has broad appeal across age groups because it brings so many elements together. It’s the combination of the sustainable luxury of 1 Hotel Melbourne and the bespoke interiors, all within the context of a Fender Katsalidis-designed building that reactivates an iconic heritage site for all of the community to enjoy.”

Between 2012 and 2015, a study conducted by the University of New South Wales found that 20 per cent of Australians live in multigenerational households — homes with more than one generation of adults.

Senior Research Fellow from the UNSW City Futures Research Centre, Dr Edgar Liu, studies the emergence of multigenerational housing in Australia. He says that while housing affordability is one of the key drivers behind the growth of multigenerational living, there were emotional factors.

[smartcode_project:default project_id=27728 project_image_fid=173918]

“Both housing affordability and lack of quality aged care supply were factors, but many parents also reported they feel a sense of obligation in looking after their children or older parents,” Liu said.

“Those we interviewed were more likely to comment, ‘I can’t bear the thought of sending mum to a nursing home’ than, ‘I can’t find a nursing home to send mum to’. When faced with these scenarios, wealthier families are able to have more options when it concerns their living arrangements,” he added.

Currently under construction, Seafarers is slated for completion in 2024.

[smartcode_project_cta:default project_id=27728]

In addition to the amenity, the hotel provides an additional opportunity for residents to have their friends and family stay with them under the same roof, but not in the same home.

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