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;

[smartcode_project:default project_id=108736 project_image_fid=367993]

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;

[smartcode_project:default project_id=108736 project_image_fid=368000]

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."

[smartcode_project:default project_id=108736 project_image_fid=367999]

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;

[smartcode_project:default project_id=108736 project_image_fid=367991]

<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.

[smartcode_project_cta:default project_id=108736]

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.

[smartcode_project:default project_id=140747 project_image_fid=367540]

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.

[smartcode_project:default project_id=140747 project_image_fid=367529]

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.

[smartcode_project_cta:default project_id=140747]

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.

[smartcode_project:default project_id=509 project_image_fid=365684]

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;

[smartcode_project:default project_id=509 project_image_fid=365687]

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.

[smartcode_project:default project_id=509 project_image_fid=365689]

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.

[smartcode_project_cta:default project_id=509]

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.”

[smartcode_project:default project_id=146358 project_image_fid=323057]

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.”

[smartcode_project:default project_id=146358 project_image_fid=323055]

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.

[smartcode_project:default project_id=146358 project_image_fid=323052]

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.

[smartcode_project_cta:default project_id=146358]

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.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

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

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

Ellen Walker

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

A 53 residential-project and reimagining of a historic mansion and former Catholic convent as a private home is on track to create Geelong’s most expensive waterfront real estate.

After a number of years under the name CostaFox, the group are establishing themselves under a new identity, MONNO, and relaunching with a luxury Geelong project, Stella Maris.

Spearheading the team is Managing Director Geno Hubar, along with partner and CostaFox co-founder and Chairman, Robert Costa, with the group currently boasting seven live projects.

MONNO’s latest residential project joins a pipeline amassing a diverse $1.2 billion portfolio of residential and commercial projects in premium locations across Greater Melbourne and the Bellarine Peninsula.

<img alt="Render of the Stella Maris development on the Geelong coastline" data-entity-type="file" data-entity-uuid="2eef508b-5e97-4902-89a7-8fa3de60c66d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/COST2002_Stella%20Maris_IV13%20Balcony.jpg?VersionId=8hXF2nT9rqIyqIDTmVpF5eEAjc3cdtNw" />Render of the Stella Maris development at 39 Bay Street.

Stella Maris takes inspiration from the site’s Italianate heritage mansion which will be returned to its former glory , setting up shop along Geelong’s waterfront at 39 Bay Street, Rippleside.&nbsp;

Offering unencumbered views of Corio Bay and the Geelong city skyline, the $125 million development will deliver 50 generously-sized apartments, along with three exclusive townhomes.&nbsp;

Designed by award winning architects Rothelowman, in collaboration with Carr Design, Stella Maris is one of the most premium apartment or townhouse offerings to hit the Bellarine Peninsula, positioning itself as the first truly luxurious waterfront residential development in Geelong.&nbsp;

The Italianate mansion at the centre of Stella Maris was built in 1848 and was one of the earliest mansion houses in Geelong. Known as St Helens, it was originally a substantial coastal private residence prior to being acquired by the Sisters of Mercy in 1923 and renamed Stella Maris – “Star of the Sea” – to be used as a convent and teaching institution.

MONNO engaged Rothelowman to reimagine the 1.25 hectare waterfront site with contemporary residential buildings centred around the retained and celebrated St Helens. Carr is tasked with returning the mansion back to its former glory as a single coastal residence paired with a contemporary rear addition with all the mod-cons synonymous with luxurious and contemporary living by the sea.&nbsp;

One-bedders in Stella Maris will start at $595,000, with the six three and four-bedroom penthouses ranging from $4 million to $6 million.&nbsp;

<img alt="Render of the wellness centre set for Stella Maris" data-entity-type="file" data-entity-uuid="f59ac893-d566-4057-ae5d-c18834901139" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/COST2002_Stella%20Maris_CV04%20Pool%20Vignette.jpg?VersionId=2JCsPUEXuoXa9dhQgTZirZVnvZ7cgZkM" />Render of the wellness centre set for Stella Maris.

The project will include layered and textured landscaping, as well as sustainability features throughout, with the development boasting a fossil fuel free status.&nbsp;

As per all luxury developments, a host of residential amenity offerings will find a home within Stella Maris, with a comprehensive wellness centre planned, inclusive of a lap pool, gym, yoga and steam room, in addition to an edible garden, dog washing facilities and EV charging bays.&nbsp;

Hubay said the group was incredibly confident to bring Stella Maris to the market.

“It’s an exceptional coastal enclave that offers striking architecture with a new kind of living that the Bellarine Peninsula has not seen before. The project’s size and location are unique for Geelong and we’re excited about launching this November,” Hubay said.&nbsp;

Construction is set to commence in Q3 of 2023, with completion forecast for 2025.&nbsp;

[smartcode_project_cta:default project_id=136222]

MONNO launch new brand with Geelong development Stella Maris in the pipeline

Following its full project sell-out amid commencing construction just last month, Third.i’s $180 million project, Balfour Place has taken home the win for two awards at this year’s PropertyGuru Asia Property Awards.

The Lindfield project was officially named the Best Low Rise Mixed Use Development of 2022 along with receiving the country award for Best Mixed Use Development (Australia) in the grand final.

[smartcode_project:default project_id=112016 project_image_fid=194986]

The award-winning project sold over $100 million in sales in its launch weekend alone, shortly securing the final sales thereafter to achieve its sell-out status.

After conducting market research and listening to the needs of the community, Third.i reduced the number of apartments on its development application as there was high demand for spacious living arrangements.&nbsp;

As a result, apartment numbers were dropped from 70 to 59, with the residences set to sit atop a new 4,500 sqm Coles Supermarket, a cafe and a heritage building that will be restored and leased as a commercial office space and beauty offering.

Balfour Place comprises a collection of one, two, three and four-bedroom apartments with sweeping views to the south-west, topped by a residents-only rooftop garden with communal facilities and a central podium courtyard with fresh greenery.

Construction crews have now kick-started works to bring the award-winner to fruition, with Australian builder Conquest appointed to the build, with completion slated for November 2024.

[smartcode_project:default project_id=112016 project_image_fid=194987]

Third.i. Co-Founder, Luke Berry said Balfour Place is a prime example of how the group is building communities that align with the needs of the market.&nbsp;

“The level of design and architecture has been carefully curated and I think it’s struck a chord with buyers who have recognised that we had larger living spaces on offer in an idyllic location&nbsp; with lifestyle amenities on your doorstep," he said.

“It truly will be a legacy destination for the area and we couldn’t be more thrilled to commence construction,” concluded Berry.

Balfour Place comprises a collection of one, two, three and four-bedroom apartments with sweeping views to the south-west, topped by a residents-only rooftop garden with communal facilities and a central podium courtyard with fresh greenery.

Balfour Place named best mixed-use development at PropertyGuru Asia Property Awards

Electric vehicle (EV) chargers are becoming a standard inclusion in many apartment developments nowadays.&nbsp;

Demand continues to increase for EV outlets across the country as more Australia’s move toward a more economical and sustainable future.

[smartcode_project:default project_id=4124 project_image_fid=187628]

Last month, Building and Energy Ministers from across the nation agreed to update the National Construction Code (NCC) minimum energy efficiency requirement from six to seven stars to ensure the homes built now are equipped for the future.

The reforms, which will commence from May next year, will include additional energy efficiency measures, including additional insulation, high quality glazing, increased focus on solar orientation, energy efficient appliances, roof-top solar and batteries, all of which will improve amenity and drive down energy bills.

The Ministers also agreed it was critical to make new homes electric vehicle-ready to avoid the costly exercise of retrofitting chargers.

Federal Industry Minister Ed Husic said new apartment buildings would also have to incorporate base infrastructure for future cabling and control-point installation to make them EV charger-ready.

One development group buying into planning for tomorrow is ASX-listed, Cedar Woods.

[smartcode_project:default project_id=8950 project_image_fid=187606]

Cedar Woods’ environmental, social, and corporate governance (ESG) strategy has resulted in the early adoption of many new environmental measures that will soon be required under the new NCC.

From achieving 7-star NaTHERS ratings, incorporating solar energy, zero landfill technology and EV infrastructure across a range of residential and commercial properties nationally, Cedar Woods recognises the role for developers to create sustainable communities that seek to minimise carbon emissions.

Cedar Woods’ Managing Director Nathan Blackburne said the property developer was proud of its reputation for being environmentally and socially responsible.

“We continually look for ways to reduce our ecological footprint and think about tomorrow,” Blackburne said.&nbsp;

“We are constantly assessing the design of all of our projects to ensure they adapt to the changing world in which we live and meet the needs of purchasers now and in the future.”

In Victoria, EV chargers have already been installed at Cedar Woods’ Huntington Apartments and are proposed for Aster Apartments at Jackson Green in Clayton South.&nbsp;

Residents at Aster and Huntington Apartments will also be able to hire an electric vehicle, a Tesla Model 3 by the hour. As the first car share initiative for Cedar Woods, the developer is hoping the program will encourage the uptake of EV’s in Australia.&nbsp;

[smartcode_project:default project_id=4124 project_image_fid=187629]

Blackburne said at Glenside, in Adelaide’s east in South Australia all apartments were designed EV ready and there are two chargers at Botanica Apartments for resident use.&nbsp;

Monarch Apartments, situated within the development, is also the first to incorporate new Cedar Woods’ apartment standards.

“Our new requirements mean EV infrastructure must be installed in a way that services all cars in the building. This includes switchboard sizing, off peak load management and cable trays for future EV charging installations by the purchasers,” Blackburne said.

Coupled with a multitude of other environmental features, the future proofing consideration of the building contributed to its early success, achieving 70 per cent sold out within three months of launching, and a 7.7-star NatHERS rating.&nbsp;As a result, the apartments began construction five months ahead of schedule.

“We recognise that our customers are becoming more environmentally conscious and increasingly they are expecting energy efficient features in homes.

“Planning for tomorrow will future-proof today’s projects, with all aspects from initial design through to approvals and the cost of electricity to be considered in development projects that are currently in the early-stages,” Blackburne added.&nbsp;

[smartcode_project:default project_id=8950 project_image_fid=187622]

Head of Energy and Infrastructure at the Electric Vehicle Council, Ross De Rango said that planning and preparation for a world with electric vehicles needs to happen now.&nbsp;

“EVs are the way of the future, so it is important we set up that future now. With the new National Construction Codes all apartment buildings will soon be required to incorporate readiness for electric vehicle chargers into their developments,” Rango said.

“It is far easier and cheaper to set up EV chargers during the construction process than installing them later down the track, particularly for large scale apartment developments.

<h2>Advantages of Electric Vehicles</h2>

Rango says that recent research shows that even if EV was charged by coal-fired electricity, it would still generate lower net emissions than internal combustion engine vehicles.

“As electricity grids become cleaner, so will EVs,” he said.&nbsp;

Reduced operating costs were also a significant motivator for people wanting to buy an EV, 
which are sometimes up to 10 times cheaper to run.&nbsp;

Rango said that the move to EVs would ultimately result in the $50 billion per year currently 
spent on importing fuel for road transport being redirected. With some distributed to the electricity sector to generate and deliver the extra electricity needed, a majority will instead be tracked back into the pockets of Australians.

[smartcode_project:default project_id=4124 project_image_fid=203080]

<h2>Supply and demand issues</h2>

Rango suggested there was no doubt Australian consumers wanted to buy EVs.&nbsp;

“The problem is we have a supply issue and the reason for this is because every other developed country, other than Australia and Russia, have minimum requirements for fuel efficiency standards and the introduction of EVs.”

The current supply issue is the key limiting factor preventing Australians from getting into EVs faster. In 2020 just 0.75 per cent of new car sales in Australia were EVs, in comparison to Norway, who boasts the biggest proportion of all new cars sold, with EVs comprising 70 per cent of the market.

<h2>Cost implications&nbsp;</h2>

Rango said the way forward was for developers to begin installing the EV stations during construction when the cost was significantly lower, compared to installing after.&nbsp;

“It is expected the cost of installing chargers during development will have a minimal impact on prices,” he said.

“However, if there is one resident who has an EV after the apartments are developed, the cost to incorporate a charging point could weigh heavily on everyone else in the building, with upgrades potentially costing tens of thousands of dollars.

“Incorporating charging infrastructure into construction projects will help to break down barriers to EV ownership and boost consumer confidence in EVs.”

[smartcode_project:default project_id=8950 project_image_fid=187621]

<h2>Preparing for tomorrow</h2>

In addition to incorporating chargers, Rango said developers would also need to have a plan for how charging will work in their apartment projects.&nbsp;

“If every car in the complex was charging at the same time, it would be very costly. Developers need to include systems that will schedule the majority of EV charging to off-peak times, when electricity will be cheaper, such as at night when residents are sleeping and there is spare network capacity.”

“There is also a need to incorporate costs in a way that doesn’t impact residents who are not using EVs. This could be done through specified strata fees or an external network provider,” Rango said.

[smartcode_project_cta:default project_id=4124]

Cedar Woods’ environmental, social, and corporate governance (ESG) strategy has resulted in the early adoption of many new environmental measures that will soon be required under the new NCC.

Cedar Woods commits to build for tomorrow, today

Inspired by its coastal topography and local maritime history, Merchant Apartments are situated in the heart of AVJennings masterplanned community, Waterline Place.&nbsp;

As the grandest and final release within the community, Merchant comprises one, two and three-bedroom apartments, along with an exclusive collection of luxury Sky Homes on the upper levels.&nbsp;

Envisioned by internationally acclaimed architectural firm Elenberg Fraser, Merchant’s facade is inspired by the expansive views and coastal environment that envelopes it.

[smartcode_project:default project_id=112774 project_image_fid=197058]

From the upper levels, a glance in any direction presents aspects to either the waters in the south, the lights of the CBD to the east and far-reaching views across Williamstown and beyond to the west.

Set to be home to 14 residential buildings when completed, which will bring around 510 apartments and townhouses to the sought-after Williamstown pocket, the masterplanned community is all brought together by a series of active and pedestrian friendly streets and laneways - with&nbsp;Merchant Apartments at the centre of it all.

Offering a lifestyle with&nbsp;bayside&nbsp;charm, suburban vibrancy and ultimate connectivity, Merchant sits just 12 kilometres from the CBD, with Williamstown Train Station just a short walk away.

[smartcode_project:default project_id=112774 project_image_fid=197060]

With a rich maritime history, this picturesque&nbsp;bayside&nbsp;suburb is situated within Hobson Bay and offers cafes, restaurants, supermarkets, shops, swimming beaches and renowned boating clubs, all within walking distance or a short car-ride.&nbsp;

Residents can take the West Gate Freeway to access the city or surf the coast,&nbsp;or catch&nbsp;a&nbsp;ferry for a scenic journey across the bay.

Williamstown Botanical Gardens also sit just a short stroll away from Merchant, along with the many cafes scattered along Nelson Place.&nbsp;

Construction has commenced. Buy now and save on stamp duty.

[smartcode_project_cta:default project_id=112774]

The vision for Waterline Place was to be a village within a village

How Merchant Apartments compliment the Williamstown community

Having recently launched it's latest project Lumina in Stones Corner, Brisbane developer Oakridge have their sights on their new project.

The Andrew Niven-founded private developer has lodged plans for The Pavilion in Upper Mount Gravatt.&nbsp;

A two-storey residence, which currently occupies the site, will be demolished to make way for three residential towers, set to comprise 144 apartments.

There's a full mix of configurations; 52 one-beds, 72 two-bedroom apartments, and 20 three-bed offerings.

Oakridge engaged architects MAS to design the residences, which take on a sub-tropical design.&nbsp;

<img alt="r" data-entity-type="file" data-entity-uuid="3bfaacc9-7528-46e2-8a69-f7b3bf18a5f9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-12-08%20at%2010.19.09%20am.png?VersionId=1K.sx7luuedsErnasiQFt34wQeLgq6fh" />

Towers one and three span the majority of the site, with a predominantly rectangular footprint, located along the south and north boundaries. The central tower, on the other hand, has a predominant square shape, aligning to the west boundary.

A central courtyard will be used as a common recreation space, with barbecue facilities and a swimming pool, which are threaded together with softened landscaping and meandering footpaths that arrives at each tower lobby.&nbsp;

Orientation and solar aspect are front of mind in the project, with deep balcony overhangs and fenestration to combat the effects of the Australian sun. The west orientated faces of the building are treated with louvred screens that work to both filter sunlight and add privacy to the western neighbouring complex.&nbsp;

A subdued and refined material palette including off form concrete coupled with black and white tones has been selected to allow the vertical greenery elements be the focal point of attention.

Timber tones have been utilised on balcony roof ceilings along with secluded and muted dark tones which accentuate the presence of the highly densely populated gum trees. Tinted and clear glazing is interwoven with dark structural elements, adding contrast and texture, while powder-coated elements accent the external envelope, either in vertical or horizontal orientations.&nbsp;

<img alt="r" data-entity-type="file" data-entity-uuid="4e8a0e0c-754c-467a-9a42-dbd590157406" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-12-08%20at%2010.20.19%20am.png?VersionId=8LSvdNQQuIyi2Qp1A1ihZ3YWPuxLzcbA" />

Access to the residential basement level occurs on the south side of the site, at the bottom end of Hibiscus Place, with the volumetric level transitioning between body, podium and basement to become a visual experience as well as tying into the verdant surrounds.

Offering a well-connected lifestyle, The Pavilion is situated approximately 11-kilometres from Brisbane’s CBD, and within walking distance to Griffith University and Westfield Mt Gravatt.

Oakridge are soon to demolish the&nbsp;landmark Freemason building in Stones Corner, replacing it with a 12-level glass-swathed tower with 97 apartments.

<img alt="Lumina" data-entity-type="file" data-entity-uuid="238742d5-0fbd-46c1-85fc-9e9bebd9a821" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Stones%20Corner%20Rooftop%20View%2001%20Final%20www.nordstudio.com_.au%20-JPG%20%28lower%20resolution%20for%20email%20use%20only%29.jpg?VersionId=NY9iIXmoR8TAO9Wd6x.osvqZ0fI1cLP9" />

Lumina, at 17 Cleveland Street in Stones Corner, just south of the Woolloongabba Olympic precinct, will also feature two ground level retail spaces and an impressive rooftop amenity.

On the roof is a&nbsp;dedicated kids play area, with an acrylic or astro turfed floor which will be netted. There will be a roofed area for further activity, as well as two pools, a spa, private dining space with kitchen, barbecue areas, a communal garden, and a gym with a sauna.

NMDS Architecture has drawn up the plans for the tower, which has been orientated to take in extensive views. The bigger three-bedroom units, which are expected to appeal to the family demographic, face both the park and the city.

Lumina will also offer a mix of one, two and three-bedroom apartments, to cater for&nbsp;all types of buyers, from investors and first home buyers to rightsizers, downsizers, and families.

A two-storey residence, which currently occupies the site, will be demolished to make way for three residential towers, set to comprise 144 apartments

First look: Oakridge lodge plans for Upper Mount Gravatt apartment project, The Pavilion

The luxury eastern suburbs apartment developer Clutch Capital has lodged plans for their latest residential development.&nbsp;

The group, who have a string of projects across Bellevue Hill, Bondi Junction and Rose Bay, will develop just seven apartments on a large 1470 sqm block at 440 Edgecliff Road.

PBD has handled the architecture, aiming to blend the new&nbsp;six-storey building seamlessly with the surrounding context.

Four three-bedroom apartments and three penthouse-size apartments will be on offer, each extending onto generously-sized balconies or terraces, positioned to flow from primary living spaces and take advantage of the sites northernly aspect.

A modulated facade will front Edgecliff Road, with a central void space at the lower ground floor and ground floor levels. Levels four to six will reduce the perceived external bulk and scale, with setbacks applied to the front, sides and rear of the building. 

Tying in with the Edgecliff locale, an exisiting sandstone wall will be preserved on the site, with masonry cladded blade walls used as a unifying element to the upper and lower levels of the building.

<img alt="Render of the proposed building" data-entity-type="file" data-entity-uuid="32c680f5-0bd3-41a1-bbf2-4e0fef3561ae" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-12-09%20at%209.44.16%20am.png?VersionId=qrODsE5LYByQ1C64pX5OiHq.CAjMLOEh" />

Cross flow ventilation has been maximised where possible, while overhang depths and recessed balconies will provide shade in the summer months and promote thermal heat gain during the winter months.&nbsp;

Energy efficient appliances and fixtures are provided with low maintenance, long lifecycle and reusable materials, with communal recycling and waste management facilities are provided for on-site rainwater detention and re-use.

A close collaboration with renowned landscape architect Myles Baldwin has resulted in a synthesis of building design and it's natural surroundings, with the landscape design drawing upon the unique ecological character of Edgecliff. 
 
A communal open space will also be featured in the project, complete with a pool, lounge and outdoor seating, in addition to landscaped areas which have been created to promote social interaction and create a sense of community within the building.&nbsp;

The site is also located within close proximity to a number of convenient facilities including public transport, supermarkets, educational and leisure facilities as well as schools and healthcare.&nbsp;

Clutch are behind Bellevue Hill's newest project MIRA, as well as NOVE, DUSK and OPUS in Rose Bay, and BRONTE and PORTER in Bondi Junction.

PBD has handled the architecture, aiming to blend the new six-storey building seamlessly with the surrounding context

Luxury developer Clutch Capital lodge plans for Edgecliff apartments

Since the onset of COVID-19, there's simply not been enough apartment stock on the Gold Coast.

The Coast was well placed in the lead up to 2019, but an influx of demand, both locally and interstate when COVID-19 grabbed hold of the local market in mid-2019, demand has heavily outstripped supply.

The lack of stock has seen a new trend emerge. Established stock has been commanding similar prices to off the plan stock. It's a trend that&nbsp;Evan Raptis, the joint managing director of longtime Gold Coast developer Raptis, believes won't change for the next three to five years.

"We’ve never seen the gap close like this on the Gold Coast before," Raptis says.

"The trend has come about because there's not enough finished stock coming to market between Coolangatta and Hope Island.

"Southerners who have relocated to the Gold Coast post-COVID have had to look to resales to get into the market, and that’s pushed up the price of established stock."

[smartcode_project:default project_id=106752 project_image_fid=182210]

Two-bed apartments under 100 sqm have been selling in some of Broadbeach's better towers for $1.2 million, which Raptis says is&nbsp;comparable to what developers are taking deposits on for planned and under construction projects.

Broadbeach is where Raptis will be turning their focus to next, while they complete Pearl at Main Beach.

In early 2023 they'll be launching The Sterling at 6-8 George Avenue. Raptis has just gone back to the drawing board however to amend the application, with the aim of wanting to meet market demand earlier than they previously forecasted. The tower has been&nbsp;designed by the prominent architect Koichi Takada, who only has a handful of Gold Coast developments to his name.

Raptis says Broadbeach has&nbsp;evolved heavily since 2007, when he followed in the footsteps of his father Jim, co-founding developer Emandar Group alongside Aniko Group's George Mastrocostas.

[smartcode_project:default project_id=106752 project_image_fid=169993]

"Broadbeach has seen a lot of regeneration with Star Entertainment Group’s opening of The Dorsett hotel and the light rail now allowing people to travel to Surfers Paradise and Southport via the light rail network, as well as south. The new Langham Hotel has opened up as well which will bring more global travellers to the suburb."

Raptis are currently developing Pearl in Main Beach, and have sold 80 per cent of the two and three-bedroom apartments.

Apartments have been snapped up largely by owner-occupiers, both locals who are looking to downsize from their family home, and interstate couples who are pre-retirement age.

Two sub-penthouses have sold, and Raptis will be releasing more to the booming penthouse market soon.

[smartcode_project:default project_id=106752 project_image_fid=182207]

Raptis has now reached level 17 of construction of the 29-level building at 3550-3552 Main Beach Parade.

Raptis says Main Beach will feel like Australia's own version of Monaco, with the future $480 million redevelopment of Mariners Cove which will include a new superyacht marina and a Ritz-Carlton hotel.

Despite the country working its way back to normal in the post pandemic world, Raptis says there's still strong&nbsp;interest in the Gold Coast lifestyle and the desire for new premium apartments with premium amenities in desirable locations.

Raptis has considerable faith in the Gold Coast market, suggesting the city is&nbsp;in a better position to manage national price moderations than it has been in previous cycles.

[smartcode_project:default project_id=106752 project_image_fid=182214]

"The city’s economy has matured significantly with investment in health and knowledge, film and creative industries, sports and digital industries," Raptis notes.

"The Work from Home movement has enabled professionals to hold national roles and still live on the Gold Coast. You can even have a role in a global team with the international terminal at Coolangatta Airport opening recently."

Raptis says the 2032 Olympics and Paralympics will further promote the Gold Coast lifestyle, with considerable planned infrastructure to transform the wider South East Queensland location.

"The coastal strip will be beamed around-the-world and we’ll see a new wave of global hotel brands wanting to establish themselves here."

Broadbeach is where Raptis will be turning their focus to next, while they complete Pearl at Main Beach.

Why the Gold Coast apartment market is better placed than ever before: Five minutes with Evan Raptis

Hyecorp's latest apartment development Audrey, has been purposefully designed to cater for every buyer demographic.

First home buyers have shown significant interest in the entry-level apartments, which start from $860,000, due to the extra multi-purpose rooms on offer.

The two and three-bedroom apartments each also have a multi-purpose room. The two-bedders start from $1.45 million and three-bedroom apartments from $2.15 million.&nbsp;

The inclusion of multi-purpose rooms in every apartment was a conscious effort from Hyecorp to offer more than what is on offer elsewhere in the area. Potentially even acting as a second bedroom, the MPR is primarily targeted at those who are still frequently working from home, and want a separate office room away from their every day living space.&nbsp;

Construction at the Canberra Avenue site, across the road from Newlands Park, is set to commence this month, with the prominent lower north shore developer targeting a mid-2024 completion date.

The St Leonards tower will home 80 apartments across 12-storeys, with local architecture group SJB on board to handle the architecture.&nbsp;

[smartcode_project:default project_id=110379 project_image_fid=198685]

Some of the one-bedroom plus multi-purpose-room apartments offer a car space, and start from $975,000. They have over 60 sqm of open plan living space, where residents will be able to enjoy an amplified sense of space that seamlessly flows from indoor to outdoor living.

The two-bedroom residences have 105 sqm of internal living space.

The multi-purpose room offerings provides buyers with an additional space in their homes, suited to all lifestyles, with the room fit to be utilised for a multitude of options including as a separate study space, a nursery or a guest bedroom.&nbsp;

[smartcode_project:default project_id=110379 project_image_fid=208406]

Positioned in the heart of the home, the kitchens feature pull out pantries, along with a spice rack and Miele appliances, including a fully integrated refrigerator and dishwasher.&nbsp;

Bespoke joinery extends from the kitchens into the open plan living by incorporating a built in entertainment unit and integrated storage.

Buyers will also be able to customise each apartment if they purchase before construction commences later in the month, with Hyecorp’s point of difference, the Live your Way service, which offers buyers a five-hour consultation with the group’s Interior Designer in which they can customise their home.&nbsp;

[smartcode_project:default project_id=110379 project_image_fid=192150]

Taking inspiration from five-star resorts, Audrey will also be home to a suite of residential amenity, including an onsite day care and cafe.&nbsp;

Crowning the tower will be a resident’s rooftop, complete with barbecue facilities, dining room, personal training studio, music room, cinema, a pool and a spa.&nbsp;

[smartcode_project_cta:default project_id=110379]

The multi-purpose room inclusion drawing buyers to Hyecorp's St Leonards apartment development, Audrey

Prominent Sydney developer Urban Property Group have lodged a new development application for their coastal Little Bay apartment project.

After securing court approval for a concept development application at their 11,612 sqm Jennifer Street block, they've now recently filed the detailed development application to Randwick City Council that comprises of 76 apartments designed by Hill Thalis Architecture at 11 Jennifer Street.

The proposal adopts the courtyard apartment type, which Hill Thalis founding principal Philip Thalis says is puzzlingly rare in Australian cities, despite its suitability to the climate and long architectural traditions of sociability.

"The courtyard garden type has antecedents in many urban cultures around the world," Hill Thalis noted in the design statement submitted to the council.

"As is the case in many examples of this type, the courtyards organise the primary access and address to the various cores, and they are planted with endemic species and dotted with seats.

"The entry (northern) courtyard has framed vistas open to the landscape on the east side, and back to Reservoir Street to the west. The southern courtyard opens to the ESBS."

<img alt="Jennifer St" data-entity-type="file" data-entity-uuid="6680aba7-d7d7-4fe7-accb-1fc47a2fe74a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-06%20at%202.01.08%20pm.png?VersionId=hvTxc4Al4.oYYgJTqLf9TyzwaxQqp_Vj" />

The proposal is for 76 dwellings in three separate buildings that frame two substantial landscape courtyards. While the pair of northern buildings that front Crown Road are linear, the larger southern building has a U-shaped configuration.

The apartments are distributed over three and part four residential levels above a single level basement car park.

There will be 10 one-bedroom apartments, 38 two-bedders, and 28 three-bed units. 15 of the ground floor garden apartments have direct street or garden access and private gardens. The top floor apartments on both levels two and three have larger floorplans and have extensive terraces.

"The proposed development provides a mix of accommodation to support the needs of a future population, including families given the sizes and mix of apartments," Hill Thalis added.

Urban Property Group went through the Land and Environment Court to obtain approval for 38 apartments and 8 townhouses back in 2019, but have since been back and forth with design proposals for the site.

The Little Bay area on the eastern side of Anzac Parade has seen new urban precincts created over the last two decades, including the redevelopment of the former Prince Henry Hospital site and the early stages of Little Bay Cove to its immediate north.

The Little Bay project is part of UPG's continually growing development pipeline.

In the past month they've submitted applications in Penrith, and a townhouse and apartment project at Edmondson Park both close to train station infrastructure. Those two projects alone add a further 1,100 dwellings to UPG's pipeline.

<a href="/news/nsw/exclusive-first-look-urban-property-group-prepare-over-1100-dwellings-in-penrith-and-edmondson-park-developments">Read more:&nbsp;Exclusive first look: Urban Property Group prepare over 1100 dwellings in Penrith and Edmondson Park developments</a>

The proposal adopts the courtyard apartment type, which Hill Thalis founding principal Philip Thalis says is puzzlingly rare in Australian cities


Exclusive first look: Urban Property Group reveal Little Bay apartments project

First home buyers and investors are driving the demand in the apartment market in Sydney's western suburbs.

That's what Ray White Projects Western Sydney Managing Director Mark Bernberg, who has seen the market go back and forth in 2022, recently told Urban.

He's calling it the "summer of love" for the two buyer camps.

"First home buyers are taking advantage of the generous government incentives, opting either for the government's stamp duty concessions, or choosing to pay a land tax rather than stamp duty all together," Bernberg says, adding that investors are also well and truly back in the market after a hiatus over the last few years.

"Investors are acting on the current rental crisis which is happening Sydney-wide. They're coming into the market in the knowledge that when projects are complete, they'll be seeing considerably stronger yields than they ever have before."

Sydney was the only capital which bucked the trend of quarterly rental growth decline, according to CoreLogic. Sydney recorded a new cyclical peak of 43 per cent over the three months to October, thanks to the strong return of overseas migration.

Demand for first home buyers and investors was obvious in the Castle Hill apartment development Castle Island by KWG (pictured main), where Ray White Projects sold out all of the one-bedders in the project in double-quick time.

[smartcode_project:default project_id=112005 project_image_fid=191253]

The demographic Bernberg is seeing less of is downsizers, who were prominent at the start of the year, but are now starting to reconsider their options as the established housing market continues to dip.

"The majority of downsizers are feeling like they missed the boat to sell their current family home for a premium when prices were at an all time high earlier this year," Bernberg suggests.

He is still seeing some activity in the downsizer market, from those who believe the market could scale back another 10 to 15 per cent and they want to sell sooner rather than later.

Bernberg, who helped set up Ray White's new projects division in Western Sydney earlier this year, believes apartments will outperform houses over the next 12 to 18 months.

"The apartment market as an asset class has everything going for it," Bernberg says.

"Apartments are more affordable than houses, yields are considerably better, there's never been more government incentives in place , and migration is starting to climb."

Demand has bounced around in 2022, which, rather than a tale of two halves, has almost been a tale of three thirds.

"We started the year with real positive momentum. Even in the early stages of the RBA's interest rate hikes, we were still seeing good enquiry and transacting well," Bernberg says. There was considerable success particularly at RWPWS's Jordan Springs project Kala, just outside of Penrith.

[smartcode_project:default project_id=27460 project_image_fid=195123]

The strong start to the year began to fade however across the board, as it often does heading into winter, but Bernberg said this winter was different to any other.

"We were into the fourth, fifth and sixth interest rate hikes over what is always the quietest time of the year every year, so prospective buyers were holding off committing to a purchase as they waited to see when the RBA would stop lifting rates."

Despite the expectation the RBA will continue to hike rates into early 2023, Bernberg said that as soon as the sun started shining, buyers were back out in force.

"It was almost like a switch was flicked around September where buyers were starting to come back out. They were starting to see an end in sight for the rate rises, and were able to factor that into their spending. They also wanted to lock in their approvals and purchases before rates continued to climb and their borrowing capacity shrunk further."

[smartcode_project:default project_id=27460 project_image_fid=195122]

Bernberg says there's a complicated gap at the moment in the off the plan space, which is being driven by the increased cost in construction.

"In a market downturn, developers would often shave a bit off the price of the apartments in their development," Bernberg states. He adds however that developers just can't&nbsp;

"Given the rising costs of labour and materials, they can't offer sweeping discounts or they won't be able to make the project stack up financially.

"Some prospective buyers are getting some joy in negotiating prices. They're looking for what they deem to be a bargain. If there is wiggle room, and they feel like they're able to get a couple of percent off the original asking price of the apartment, then they're happy to transact and everyone's a winner."

Bernberg, who helped set up Ray White's new projects division in Western Sydney earlier this year, believes apartments will outperform houses over the next 12 to 18 months

Latest Property News

Goldfields sets the stage as Quartet Milton launches

Guides

Editor's Picks

Guides

Developments

New apartments

New townhouses

News

Latest Property News

Goldfields sets the stage as Quartet Milton launches

Guides

Editor's Picks

Receive the latest news stories to your inbox

Guides

Developments

New apartments

New townhouses

News