Apartment buyers in New South Wales are set to gain a decade of insurance-backed protection against major building defects, after the NSW Parliament passed the Fair Trading and Building Legislation Amendment Bill 2026.&nbsp;

The Bill establishes decennial defect insurance, known in the market as Latent Defects Insurance (LDI), as an alternative to the existing two-year strata building bond. It cleared the Legislative Council with amendments on Tuesday evening (August 4, 2026), with the Legislative Assembly agreeing to those amendments shortly after.

Under the reform, eligible developers can satisfy their statutory bond obligation by taking out an approved decennial-style policy that gives owners 10 years of cover for major structural defects from completion, claimable directly, without first having to pursue developers or builders through costly legal action.&nbsp;

The change forms the final tranche of amendments arising from the 2021 statutory review of the Strata Schemes Management Act 2015 and related legislation.

Resilience Insurance, which originated the cover in Australia and has delivered it in NSW since 2022, welcomed the passage and credited the NSW Government for delivering it.

“This is protection apartment buyers have needed for a long time, and the credit for delivering it belongs to the NSW Government,”&nbsp;said Corey Nugent, CEO of Resilience Insurance.

“Minister Chanthivong and his team have shown real leadership in replacing an outdated two-year bond with cover that matches the lifespan of the buildings people are buying into. Reform like this is what good, evidence-based regulation looks like.”

Resilience has delivered LDI in NSW since 2022, protecting thousands of apartments, giving the State, and now the country, real-world evidence of how decade-long, no-fault protection works in practice.

The reform also places NSW within a wider national shift.

NSW is the third jurisdiction to put decennial cover into law. The ACT legislated for it in 2024, with the scheme taking effect in late 2025, and Victoria passed its own framework on 17 June. Between them, the three cover the majority of Australia's apartment market.

The reform commences once the legislation is proclaimed, which is expected in the coming weeks. From that point, developers of Class 2 residential apartment buildings can meet their statutory obligation with an approved decennial policy in place of the bond.

Buyers who purchased into projects that took out the cover early are among the first in the country to take keys to apartments carrying decade-long structural protection.

“With the legislation passed, the focus now turns to making it work for buyers,”&nbsp;Nugent said.

“There are already thousands of apartments in NSW covered by this insurance, bought by developers who moved early. The question every buyer should be asking in a display suite is a simple one: does this building come with 10-year defect cover, and who stands behind it?&nbsp;

“We look forward to working with the Government and the Building Commission in coming weeks as the framework moves to implementation, and to sharing what we have learned over the past four years so the protection reaches owners as smoothly and quickly as possible.”

Other states are working through their own reform programs. Western Australia has indicated that decennial cover is within consideration a later stage of its reform sequence, and Queensland has been examining the settings as it looks at the development pipeline ahead of the 2032 Olympics.

Resilience Insurance acknowledges the NSW Government’s continued focus on strengthening consumer protection while supporting housing delivery across the State.

Fast Facts: What the reform means

<ul style="color:#222222; font-family:Arial, Helvetica, sans-serif; font-size:small; font-style:normal; font-variant-ligatures:normal; font-weight:400; text-align:start; white-space:normal; background-color:#ffffff; text-decoration-thickness:initial; text-decoration-style:initial; text-decoration-color:initial">
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Proven at scale:&nbsp;Decennial cover has operated in NSW since 2022, protecting thousand of apartments.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">10 years of cover:&nbsp;Protection for major structural defects runs for a decade from completion, claimable directly and with no legal action required.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">An alternative to the bond:&nbsp;Eligible developers can meet their statutory obligation with an approved decennial-style policy in place of the 2% strata building bond.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Part of a national shift:&nbsp;The ACT has had decennial provisions in force since 2025 and Victoria passed its framework in June. NSW now joins them.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">No-fault, first resort:&nbsp;Owners corporations claim directly from the insurer without first having to establish who is liable for the defect.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Cost-competitive:&nbsp;At approximately 1.8% of build cost, LDI is typically priced below the 2% bond while offering broader, longer protection.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Market position:&nbsp;Resilience originated LDI in Australia and has delivered it in NSW since 2022.</li>
</ul>

Fast Facts: What is Resilience LDI?

<ul style="color:#222222; font-family:Arial, Helvetica, sans-serif; font-size:small; font-style:normal; font-variant-ligatures:normal; font-weight:400; text-align:start; white-space:normal; background-color:#ffffff; text-decoration-thickness:initial; text-decoration-style:initial; text-decoration-color:initial">
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Resilience Latent Defects Insurance (LDI):&nbsp;Covers major structural defects for 10 years from completion.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Consumer-first:&nbsp;Direct claim access, no need for lengthy legal action.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Cost advantage:&nbsp;At approximately 1.8% of build cost, LDI is typically priced below the traditional 2% Strata Bond while offering broader protection.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Market leader:&nbsp;&nbsp;Resilience Insurance originated LDI in Australia and is the national market leader.</li>
</ul>

Joel Robinson

NSW parliament passes 10-year defect insurance laws for new apartment buyers

Builder-developer <a href="https://www.apartments.com.au/developers/mcnab-developments">McNab</a> has wasted little time reshaping one of South Brisbane's most significant undeveloped apartment sites after acquiring the property earlier this year.&nbsp;

McNab has lodged plans to scrap an existing approval for two 30-storey towers and instead deliver a single 28-storey residential building, preserving part of the site for a future development opportunity.

The proposal, lodged over <a href="https://www.apartments.com.au/new-apartments/64-peel-street-south-brisbane-qld-4101">64 Peel Street and 9 Cordelia Street</a>, is for a residential-led mixed-use development comprising 124 apartments above a landscaped podium, alongside a boundary realignment that preserves part of the land for a future residential project.

<img alt="First look: McNab resets decade-old South Brisbane approval with 124-apartment tower" data-entity-type="file" data-entity-uuid="743bf564-3f8f-45fc-b8d3-bbf18f5b628f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/mcnab%20Peel%20st%20podium.png?VersionId=EhCxGrVn_VFH3qTbKnI4WppGwaMnOn0t" />

Designed by <a href="https://www.apartments.com.au/architects/hayball">Hayball</a>, the development will deliver 119 two-bedroom and five three-bedroom apartments across 23 residential levels. A five-level podium will accommodate 135 car spaces, while the ground floor will include a 66 sqm commercial tenancy, an activated residential lobby with work-from-home spaces, and a publicly accessible landscaped plaza linking Cordelia and Peel streets.&nbsp;

Communal amenities will span Level 6 and the rooftop, including indoor and outdoor recreation spaces, a swimming pool, barbecue facilities, kitchen and dining areas, lawn space, sauna, steam room and yoga facilities.

The application also proposes a boundary realignment to create a standalone 1,290 sqm development lot while retaining an adjacent parcel for future redevelopment, allowing the balance of the site to contribute additional housing over time.

Hayball said the architecture has been shaped by the site's elevated corner position at the intersection of Peel and Cordelia streets and Brisbane's subtropical climate.

The design incorporates generous landscaped setbacks, a masonry podium wrapped with planting, large north-facing balconies, and a slender tower profile intended to maximise natural light, cross ventilation and long-range views. The rooftop has been conceived as a wellness-focused retreat overlooking Brisbane, with amenities positioned to capture views towards Mount Coot-tha and the CBD.

<img alt="First look: McNab resets decade-old South Brisbane approval with 124-apartment tower" data-entity-type="file" data-entity-uuid="c5f99e84-6ad8-4a87-82d1-869685b754d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/mcnab%20tower%20perspective.png?VersionId=Gw0IuJaSAlk.tvGBxInhZOcQAdIB..2b" />

The planning submission positions the proposal as a response to both changing market conditions and Brisbane's Kurilpa Sustainable Growth Precinct planning reforms.

McNab acquired the site after the previous approval was granted, with the existing scheme no longer reflecting current residential market demands, economic conditions, construction challenges, construction efficiencies or the quality of development outcome now being pursued, the planning report noted.

McNab continues to expand its residential development pipeline across Brisbane and the Gold Coast. The developer recently launched The Tannery in West End, securing more than 60 per cent of apartments before the project's public release. It is also delivering Elements Budds Beach in Surfers Paradise and Lucia Highgate Hill, an eight-apartment boutique development overlooking the Brisbane River.

McNab resets decade-old South Brisbane approval with 124-apartment tower

A steeply sloping Bellevue Hill site is set to accommodate a new mid-rise apartment development, with plans lodged for 20 homes that respond to the site's dramatic topography.

The proposal for the consolidated land at <a href="https://www.apartments.com.au/new-apartments/138a-140-bellevue-road-bellevue-hill-nsw-2023">138A-140 Bellevue Road</a> has been designed by Sydney architecture practice Common Office, which has used the site’s substantial fall to distribute the building’s scale and unlock 20 apartments without presenting the full height to the street.&nbsp;

“The unique design strategy leverages the site’s substantial topographical fall to facilitate increased density, presenting a seven-storey profile to Bellevue Road while rising to 10 storeys at the rear,” Common Office said in its architectural design report.

The apartment mix spans one, two, three- and four-bedroom residences. Four two-bedroom apartments are designated as affordable housing, while the plans also include two adaptable dwellings. The mix is majority three-beds, with the typical three-bed apartment offering around 144 sqm internally, with balconies of around 15 sqm.

The affordable housing component represents 15 per cent of the residential floor area and allows the project to access additional height and floor space under the NSW Government’s in-fill affordable housing provisions. The site also falls within the inner area of the Low and Mid-Rise Housing Policy because it is within 400 metres walking distance of Double Bay Town Centre.

<img alt="First Look: Plans lodged for topography-led affordable housing project in Bellevue Hill" data-entity-type="file" data-entity-uuid="b1230d0f-3bfa-4a11-abaf-0928c66ef345" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bellevue%20da.png?VersionId=dZeMK3P.OutGjN8ycjsxm8uNsj_QFWQv" />

Common Office has arranged the building around a masonry podium and a lighter upper volume, drawing on two recurring elements of Bellevue Hill’s established architecture: sandstone bases and the vertical proportions of local Inter-war Art Deco apartment buildings.

“The proposal is governed by a holistic design language that reconciles the solid horizontal masonry of the neighbourhood’s podiums with the elegant verticality of its Art Deco heritage,” the architect said.

“The building maintains a consistent rhythmic logic utilising deep recesses and a sophisticated material transition to break down the 10-storey scale into a series of articulated, human-scale volumes.”

<img alt="First Look: Plans lodged for topography-led affordable housing project in Bellevue Hill" data-entity-type="file" data-entity-uuid="0147f503-1af1-4d51-97fb-c2f1cba63a9d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bellevue%20bldg.png?VersionId=GoW7q3NlK67OpnePXhk7zvklrlKb72Qc" />

Large-format sandstone tiles will define the lower levels, establishing a robust base that negotiates the change in elevation from Bellevue Road. Above, red-tinted precast concrete frames, recessed balconies, anodised aluminium screens and expanded metal details will create a more vertically expressed façade. Integrated planter beds will introduce greenery across balcony edges and recessed sections of the building.

The elongated northern façade has been divided into three recessed vertical masses to reduce its perceived length. Triangular window elements and metal privacy screens reference the geometry of nearby Art Deco buildings while controlling overlooking toward surrounding homes. The southern elevation will incorporate further privacy screening, landscaped edges and deep balconies to maintain light and ventilation.

<img alt="First Look: Plans lodged for topography-led affordable housing project in Bellevue Hill" data-entity-type="file" data-entity-uuid="e8679cf1-18bc-4447-8a0f-0052b94ab83c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bellevue%20da%20rooftop.png?VersionId=5SQqQqRFf76rvE2p1TbxJSweMN70AIbc" />

Private and communal landscaping is distributed throughout the development. A landscaped garden apartment is positioned within the lower portion of the site, while a communal terrace on Level 5 will include a central timber deck, barbecue facilities, resident planting plots and areas for outdoor dining and informal gatherings.

Common Office described the terrace as an elevated sanctuary designed to capture district views and sunlight. Its planting strategy incorporates endemic species associated with the Eastern Suburbs Banksia Scrub, extending the landscape vertically through the building and providing habitat for local flora and fauna.

A second communal outdoor area is proposed at roof level, with built-in seating, paved gathering areas and perimeter planting.

Bellevue Hill is enjoying renewed momentum in the new apartment market, with several boutique developments recently launched and currently under construction. Positive Investment Enterprise is delivering the 16-apartment Kew Palm House on Birriga Road, while Chanine Developments is also under construction at Florian, a 36-apartment project on Banksia Road.

&nbsp;

Bellevue Hill is enjoying renewed momentum in the new apartment market, with several boutique developments recently launched and currently under construction.

First Look: Apartment development pitched for Bellevue Hill, Double Bay fringe

South Brisbane's apartment pipeline continues to build momentum, with <a href="https://www.apartments.com.au/developers/trk-property-group">TRK Property Group</a> lodging plans for a 161-apartment tower on Montague Road as developers accelerate investment across the Kurilpa Sustainable Growth Precinct.

The proposal for 176–186 Montague Road would replace an existing office building with a 20-storey residential tower designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, adding to a growing pipeline of high-density projects reshaping one of Brisbane's fastest-evolving inner-city precincts.

The project has been conceived as a "living building", featuring a flowing tower form, extensive vertical landscaping, and generous communal spaces that respond to the evolving Kurilpa Sustainable Growth Precinct.

TRK Property Group Development Director Matt Kan said the project reflected the confidence developers have in South Brisbane's long-term future.

"South Brisbane is entering an incredibly exciting period, and we see Montague Road sitting right at the heart of that evolution," Kan said.

"With the former Visy site directly opposite us and significant investment planned throughout the broader Kurilpa precinct, there is a real sense of momentum around this part of the city and what it will become over the coming years.

"For TRK, this is an opportunity to be part of that next chapter and deliver a project that responds to where the precinct is heading, while contributing to the continued evolution of Brisbane's river edge."

<img alt="First look: TRK Property joins South Brisbane apartment surge with Montague Road tower plans" data-entity-type="file" data-entity-uuid="590fe1ad-f892-4446-a679-80e33a16d029" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/TRK%20tower%20facade.png?VersionId=uOJStrcKpyHFcPE1w6_9SMAFzVMCcZll" />

The scheme includes a mix of one, two, three and four-bedroom apartments, incorporating multi-purpose rooms in selected residences to provide additional flexibility for home offices or expanded living areas. The proposed mix comprises 15 one-bedroom, 13 one-bedroom plus MPR, 73 two-bedroom, 26 two-bedroom plus MPR, 30 three-bedroom, and four four-bedroom apartments.

Rather than adopting a conventional rectilinear tower, COX Architecture has developed a sculpted form inspired by the movement of the Brisbane River.

"The proposal has been designed by COX Architecture as a 'living building' that responds to the site's riverine setting, floodplain history and evolving urban context within the Kurilpa Sustainable Growth Precinct," the planning report states.

"The architectural form draws from the fluid nature of the Brisbane River, with a curved and undulating tower form that creates a varied architectural edge and avoids a conventional rectilinear tower expression."

The podium has also been designed as an architectural feature rather than a conventional parking structure, with cascading planting, screening and natural-toned materials softening its appearance. Resident parking is elevated above ground level to address the site's flood constraints, while habitable apartments sit above flood planning levels. Upper-level communal facilities are designed to accommodate shelter-in-place arrangements during major flood events.

<img alt="First look: TRK Property joins South Brisbane apartment surge with Montague Road tower plans" data-entity-type="file" data-entity-uuid="01fa15d0-90df-46c7-9555-7941fc45373c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/TRK%20podium.png?VersionId=mHyua.w1pHGBt9qEdWzrlsv.leztUCwO" />

Communal amenity is a major focus of the proposal. Around 1,815 sqm of shared resident space is proposed across the ground floor, level 19 and the rooftop, including co-working areas, indoor and outdoor recreation spaces, wellness facilities, dining and gathering areas, lawn spaces, a rooftop pool and spa, and extensive landscaping. At street level, a landscaped forecourt and approximately 345 sqm of publicly accessible open space along Montague Road are intended to improve the pedestrian experience while activating the building's frontage.

The development will provide 163 car spaces, including 152 resident bays and 11 visitor spaces, together with 144 bicycle spaces incorporating resident storage, visitor parking, bicycle maintenance facilities and e-mobility charging infrastructure.

The site sits within one of Brisbane's fastest-changing inner-city precincts, less than two kilometres from the CBD and within easy reach of South Bank, West End, the Queensland Cultural Centre and extensive public transport connections. The Kurilpa Sustainable Growth Precinct planning framework is encouraging higher-density residential development to help meet Brisbane's housing supply targets while supporting walkable, transit-oriented neighbourhoods.

TRK Property joins South Brisbane apartment surge with Montague Road tower plans

Article summary

<ul data-end="785" data-start="311">
	<li data-end="459" data-section-id="5hbcyr" data-start="311">Pikos Group has released the five-penthouse collection at Skye Kangaroo Point, headlined by a two-storey sky home spanning more than 1,000 sqm.</li>
	<li data-end="561" data-section-id="1p7lq8n" data-start="460">Early buyer interest suggests the residences could set a new Queensland apartment price record.</li>
	<li data-end="667" data-section-id="1y70z0l" data-start="562">The collection includes four move-in ready penthouses and the highly customised Skye One residence.</li>
	<li data-end="785" data-section-id="yvm0y1" data-start="668">The release caps one of Bri​sbane's most ambitious luxury apartment developments overlooking the Brisbane River.</li>
</ul>

<hr data-end="790" data-start="787" />
Pikos Group has released the five-penthouse collection at its <a href="https://www.apartments.com.au/buildings/skye-residences-by-pikos-kangaroo-point-8-river-terrace-kangaroo-point-qld-4169">Skye by Pikos</a> development in Kangaroo Point, with early buyer interest indicating the flagship residences could eclipse every apartment sale previously recorded in Queensland.

The collection crowns the luxury riverfront development with five residences, including four completed penthouses and Skye One, a two-level sky home spanning more than 1,000 sqm that will be tailored to its eventual owner.

[smartcode_project:default project_id=90059 project_image_fid=374075]

Wanting to offer a fully customisable home, Pikos is offering Skye One as a blank canvas, allowing the buyer to work alongside the developer's design team to customise the home's layout, finishes and internal spaces.

The residence will feature a 247 sqm private rooftop terrace with its own swimming pool, sauna, steam room, outdoor kitchen and multiple entertaining areas overlooking the Brisbane River and CBD skyline.

The remaining four penthouses have been completed and are ready for immediate occupation, each offering four bedrooms, expansive open-plan living areas, soaring ceilings and private lift access.

[smartcode_project:default project_id=90059 project_image_fid=374059]

One of the defining features throughout the project is its use of Roman Classic Travertine, with more than 20,000 sqm of the natural stone imported from Italy after being personally selected by Pikos Group Founder and Executive Director Pedro Pikos, interior designer Julie Williamson and third-generation stone specialist Mario Caucci.

Pikos said the penthouse collection represented the culmination of the company's long-term vision for Skye.

"True legacy isn't measured by what we build today, but by what endures tomorrow," Pikos said.

"Our ambition is to create places that become more valuable with time, enrich the lives of generations, and stand as timeless landmarks long after we've stepped away."

[smartcode_project:default project_id=90059 project_image_fid=374060]

Williamson said the interiors were inspired by the natural character of Kangaroo Point and the Brisbane River rather than international design trends.

"Materiality tells the story of a place," Williamson said.

"We looked to the movement of the Brisbane River, the texture of the cliff face and the warmth of the surrounding landscape to create interiors that feel understated, enduring and unmistakably Brisbane."

Positioned above the Kangaroo Point cliffs, Skye places residents within walking distance of Howard Smith Wharves, South Bank and James Street while offering uninterrupted river and city views.

[smartcode_project_cta:default project_id=90059]

Brisbane's next apartment price record? Pikos unveils Skye's exclusive penthouse collection

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.

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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.

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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.

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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.

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<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?

The 10-year Latent Defects Insurance (LDI) policy, now one of the most important considerations on an off-the-plan apartment buyer’s checklist, has expanded its growing presence to another Sydney suburb.

Norwest-based developer Haitchin Group has secured the policy through Resilience Insurance for its recently launched Hornsby project, Habitat. The cover will protect the development’s 67 apartment owners against structural and waterproofing defects that may arise within the first 10 years after completion.

Located just 200 metres from Westfield Hornsby, Habitat will also include two retail tenancies and 15 commercial suites, creating additional opportunities for investors and owner-occupiers while contributing to the vibrancy of the surrounding precinct.

Read more: <a href="https://www.apartments.com.au/news/what-is-latent-defects-insurance-and-is-it-bringing-confidence-to-the-off-the-plan-apartment-market">What is Latent Defects Insurance and is it bringing confidence to the off the plan apartment market?</a>

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PRD Norwest Director David Inkster, who is managing sales for Habitat, said today’s buyers are seeking certainty and quality above all else.

“Location, reliable delivery teams and confidence in the finished product are paramount,” Inkster said.

“Buyers want proximity to retail, transport and green space, and reassurance that both the developer and builder have proven track records.”

He added that initiatives such as Latent Defects Insurance are playing an increasingly important role in restoring confidence among both owner-occupiers and investors by mitigating concerns around major structural issues.

Read more: <a href="https://industry.apartments.com.au/updates/resilience-latent-defect-insurance-protection-runs-hot-in-new-south-wales">Resilience Latent Defect Insurance protection runs hot in New South Wales</a>

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The development team is pitching Hornsby as a "compelling investment destination", underpinned by strong fundamentals, excellent infrastructure connectivity and a resilient rental market.

With strong rail access, proximity to major retail and employment hubs, and sustained demand from professionals, downsizers and essential workers, Hornsby offers investors an attractive balance of affordability, yield stability and long-term capital growth potential.

Habitat is the first new-build residential development to come to the local market in more than seven years. The undersupply of new housing, particularly three-bedroom apartments, will likely see Habitat's apartments perform well into the future.

“Off-the-plan investors are showing renewed confidence, supported by improving economic conditions and a greater willingness to commit when the right product is offered in the right location," Inkster added.

“The off-the-plan apartment market in Sydney is not just surviving, it’s adapting and evolving in response to buyer needs, setting the stage for a promising revival.”

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Haitchin Group General Manager Rob Tasevski said the vision with Habitat is to deliver a residential address that combines world-class architecture with interiors meticulously designed for owner-occupiers and downsizers, while also offering a compelling proposition for investors seeking stability and long-term value.

“Our previous masterplanned community, Infinity Park, set a new benchmark in the Hills District. With Habitat, we are proud to deliver the first development in Hornsby to offer Latent Defects Insurance, providing purchasers with an additional layer of confidence and security.”

Two-bedroom apartments with a car space are priced from $845,000.

[smartcode_project_cta:default project_id=6784]

Hornsby becomes the latest suburb with new apartments backed by Resilience Insurance's 10-year Latent Defects Insurance policy

Leading Australian developer <a href="https://www.apartments.com.au/developers/homecorp">Homecorp</a> has officially kicked off construction on its $210 million Florence Residences, ushering in the Gold Coast’s next era of wellness-infused luxury as the city continues to top sales charts nationwide.&nbsp;

Rising 26-storeys above the Surfers Paradise and Broadbeach skylines, <a href="https://www.apartments.com.au/new-apartments/florence-residences-24-monte-carlo-avenue-surfers-paradise-qld-4217">Florence Residences</a> will deliver 120 curated homes paired with a private residents’ only wellness club including a resort-style rooftop pool, hot and cold plunge pools, a spa retreat, contemporary gymnasium and a spacious yoga and Pilates studio.&nbsp;

The project is anticipated to complete in late 2027.&nbsp;

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“This project was an opportunity to deliver something truly special for the Gold Coast," said Ron Bakir, Founder and CEO of Homecorp.

"We have listened and we have researched to develop a project that has been designed to meet a powerful shift in what buyers are craving around the world. The wellness residential market is one of Australia’s fastest-growing sectors and we wanted to deliver a place that feels like an escape from the everyday.

“Florence Residences is a community where architecture, lifestyle and wellness converge, designed as a home for the future, one that will truly stand the test of time. A place that can be passed down through generations, in a city where lifestyle never compromises. With construction underway, we mark not just the beginning of a build, but the start of a new era for our buyers, for Surfers Paradise and for the Gold Coast.”

Beyond each residence, the Eastern European-inspired project introduces a holistic lifestyle destination within one of the city’s most exclusive coastal and park-side enclaves, boasting social and community-focused spaces, including a resident-only lounge with private dining and a rooftop bar, premium outdoor entertaining areas, a striking hotel-style lobby lounge, generous bike parking and pet-friendly perks including a heated dog wash.

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Mayor of the City of the Gold Coast, Councillor Tom Tate, said&nbsp;Florence Residences offers more variety of high-quality product for the Gold Coast, featuring a lot of rare wellness facilities for buyers chasing a lifestyle with a large focus on health.

"This project is one of the best to be bought to our skyline," Tate says.

"This city has something for everyone and in the lead up to the 2032 Olympics, projects like this are important to provide more homes for Gold Coasters."

Buyer demand on the Gold Coast remained exceptionally strong in the third quarter of 2025, with the region home to Australia’s highest-selling residential developments, including Homecorp’s $250 million Cienna Varsity Ridge Stage Two which led national results, selling out all 289 apartments and outperforming more than 161 developments across the country.

“The Gold Coast is truly growing and we have an opportunity to provide not only housing for local residents, but offer a lifestyle that you can’t find anywhere else," Gold Coast Councillor Darren Taylor says.

"From Surfers Paradise to the Gold Coast, those that call this area home are chasing a lifestyle that’s connected with access to the light rail and nestled between the gardens and the iconic coastline.

“Construction commencing at Florence Residences is really exciting for this city. Demand is continuing to soar across the Gold Coast, particularly in Surfers Paradise and Broadbeach, and this is a project that is helping to meet that demand.”

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From coastal horizons to Hinterland contours and calm waterways, each residence is framed by a unique outlook that evokes a sense of calm, clarity and connection. Perfectly positioned, the project is just minutes from world-class dining, shopping and entertainment in Broadbeach and Surfers Paradise.

Florence Residences officially launched to the market in late 2025, with prices beginning from $1,249,000.

[smartcode_project_cta:default project_id=150414]

Homecorp commences construction on $210 million wellness-infused Florence Residences in Surfers Paradise

The final piece of Norwest’s most ambitious residential puzzle is falling into place.

<a href="https://www.apartments.com.au/new-apartments/zeste-at-the-orchards-norwest-104-fairway-drive-norwest-nsw-2153">Zeste</a>, the concluding release in Sekisui House Australia’s decade-long masterplan, The Orchards, delivers the final 200 apartments to the already thriving Hills District community.

Several thousand residents already call the $1 billion masterplanned community home. Ideally positioned on the fringe of Norwest’s town centre, The Orchards sits close to Norwest Marketown and the Norwest Metro Station.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/_HSzhcjpB_Q?si=snRoQIPupjxGlxaI" title="YouTube video player" width="560"></iframe>

Set among landscaped parkland and walking trails, with the energy of an emerging lifestyle precinct at its doorstep, Zeste has been designed by award-winning architecture firm Rothelowman. Interiors draw on Japanese-inspired craftsmanship, prioritising restraint, material quality, and longevity, hallmarks increasingly sought after by owner-occupiers and downsizers alike.

With a mature community already established at The Orchards, Sekisui House Australia has spent years understanding how residents actually live. That insight has shaped Zeste’s refined apartment mix and intelligent floorplan designs, tailored to the expectations of today’s discerning buyers.

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This buyer-led approach has been reflected in strong early demand. Since launch, nearly half of all reservations have been secured by the Sky Home collection, premium upper-level residences offering private breezeway entries, oversized balconies, and cross-ventilated north–south layouts, a rare and highly prized combination in Sydney’s apartment market.

In some cases exceeding 200 sqm, the Sky Homes challenge traditional downsizer stereotypes, offering house-like proportions without the upkeep.

“Our apartment is over 200 sqm, so there is plenty of space,” says Ashwin, a Castle Hill local moving into Zeste with his wife, Dilu.

“The layout, light timber finishes, Japanese craftsmanship, balcony overlooking a landscaped courtyard, and concierge were standout features. Proximity to friends, shops, restaurants, Sydney Olympic Park, walk and cycle paths, and the new Metro made our decision very easy.”

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Reflecting its local appeal, almost 90 per cent of buyers to date are Hills District locals, many transitioning from family homes into low-maintenance apartments without sacrificing space or lifestyle.

Inside, Zeste continues Sekisui House’s philosophy of balancing home, people, and nature. Dual-aspect apartments maximise natural light and cross-ventilation, while timber-toned joinery, cathedral glass, and stone benchtops reference the site’s orchard heritage. Two interior schemes,&nbsp;Sunrise and Twilight,&nbsp;allow buyers to personalise their homes while maintaining a calm, cohesive aesthetic that matches the overall building palette.

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Residents will also enjoy access to a private pavilion overlooking the central courtyard, complemented by resort-style amenities including a lagoon-style pool, gym, function spaces, and barbecue areas.

The broader Orchards community is anchored by 1.4 hectares of parkland, complete with an outdoor cinema, playgrounds, and direct access to Norwest’s growing cycleway network.

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From above, Zeste reads as a green thread within Norwest’s evolving urban fabric. At street level, it offers a highly connected lifestyle, just 600 metres from Norwest Metro, adjacent to Norwest Marketown and Castle Hill Country Club, and within easy reach of Sydney Olympic Park.

Construction is scheduled to commence in early 2026, with completion anticipated in 2028.

[smartcode_project_cta:default project_id=150510]

A decade in the making: Inside Zeste, the final chapter at $1 billion Norwest masterplan, The Orchards

With demand for high-quality family homes in the inner west continuing to rise, young families are increasingly turning to new forms of multi-generational living.

At <a href="https://www.apartments.com.au/buildings/ashbury-terraces-ashbury-165-171-milton-street-ashbury-nsw-2193">Ashbury Terraces</a>, Nikki Pham and Danny Lai are among the growing number of residents choosing the precinct for its space, design integrity and strong sense of community.

For Nikki and Danny, purchasing a three-storey terrace was about securing a long-term home for their young family. Having spent most of their lives in the inner west, they first discovered the project while it was under construction.

“We walked past and had a look during the build and instantly felt the vibe. It had everything we were looking for,” said Nikki.

<img alt="Ashbury" data-entity-type="file" data-entity-uuid="4b291ce7-8a6f-4d50-bcd5-c491109d572e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Ashburry_Buyers_7_JAN_26_-038.jpg?VersionId=bcHDxXSwQbIbkkgO0YddUb_Ye5MlTLTB" />

A return to green, open spaces was a major drawcard after living closer to the CBD.

“We like going for walks, and here it feels like a mini oasis while still being central to everything we need,” she said.&nbsp;

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Inside, the couple were immediately drawn to the craftsmanship.&nbsp;

“I love the Calacatta marble and timber detailing. If I’d designed it myself, these are exactly the fittings and fixtures I would have picked,” Nikki said. “There’s actually very little I’d change.

“We’ve found the craftsmanship has been great and I believe the beautiful arches and curves, including on our stunning staircase, are all made by hand.”

Since moving in with their seven-month-old baby in mid-August, the family has been making the most of the amenities, especially the pool.&nbsp;

“We love using the shallow area with the baby. It’s great for kids, and the sunbeds are perfect when it’s not too hot,” Danny said.

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The home features kitchen, living and dining areas on the ground floor with courtyard access to the pool, two bedrooms and a study on the middle level, and a master suite on the top floor. The proximity to local parks, childcare, and schools also made it an easy choice.

Nikki has noticed the project is sparking interest from the extended families of new residents.&nbsp;

“Several of our neighbour’s parents have now bought here too. It’s ideal for multi-generational living because everyone has their own space but you’re still close by.”

<h2>A growing trend in the inner west</h2>

Aras Labutis, Head of Urban Transformations at <a href="https://www.apartments.com.au/developers/coronation-property">Coronation Property</a>, said families like Nikki and Danny’s reflect a broader shift.

“Ashbury Terraces was designed for families at different life stages who want to stay connected to the inner west, including multi-generational households," Labutis said.

"Some terraces even include lifts, which make them ideal for older residents who want to remain independent while living close to children or grandchildren."

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Recent ABS data shows around one in five Australian households is now multigenerational, following a 22 per cent rise in the five years to 2021.

“The demand we’re seeing aligns with broader national data showing ongoing growth in multi-generational living as families look for practical, long-term solutions in well-connected suburbs.”

<h2>Milton Estate launches as the precinct’s next chapter</h2>

Following this strong response, Coronation is now registering expressions of interest for Milton Estate, the next evolution of the precinct. Strong sales and sustained interest in family-focused inner west homes have underpinned the decision to bring this next stage to market sooner than anticipated.&nbsp;

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The new collection continues the same design principles, quality materials, heritage sensitivity and family-focused layouts, and its launch reflects demand from both local buyers and extended families who want to remain part of the growing community at Ashbury Terraces.

<h2>A new neighbourhood taking shape</h2>

Designed by award-winning architects <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, and brought to life with landscaping by <a href="https://www.apartments.com.au/landscape-architect/360-degrees-landscape">360 Degrees</a>, Ashbury Terraces comprises 136 residences across five low-rise buildings, supported by amenities including a pool, gym and landscaped communal spaces.

For Nikki and Danny, it already feels like a place to grow for years to come.

“We’ve found great childcare nearby, and Ashbury Primary and Trinity Grammar are within easy reach. There are other excellent public and private school options too,” Nikki said.

“It’s hard to find something like this in the Inner West,” she added. “It’s certainly unique in <a href="https://www.apartments.com.au/developments/ashbury-nsw-2193">Ashbury</a>. We’ve got everything we need here and it already feels like home.”

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Ashbury Terraces proves a perfect fit for growing families and multi-generational living

Apartments account for just 15 per cent of total dwelling stock in <a href="https://www.apartments.com.au/developments/balwyn-vic-3103">Balwyn</a>, reinforcing the suburb’s long-standing identity as a low-density, detached housing area.

As a result, new apartment development has historically been limited in both volume and density. For homeowners considering a move out of larger family houses, options that maintain a residential setting while offering a genuine alternative to detached living have remained relatively scarce.

One of the most recent apartment developments completed in the suburb is <a href="https://www.apartments.com.au/buildings/threadneedle-balwyn-1-5-threadneedle-street-balwyn-vic-3103">Threadneedle</a>, a boutique project named after its location on the tree-lined Threadneedle Street. There are just 17 residences across two low-rise buildings.

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Developed by <a href="https://www.apartments.com.au/developers/wulff-projects">Wulff Projects</a> in partnership with PGA Group, the project has been deliberately limited in scale, with just eight and nine residences per building, reflecting an approach more closely aligned with long-term owner-occupiers than higher-density apartment models.

At Threadneedle, the shift to apartment living has been approached as a recalibration rather than a compromise. The project is shaped around maintaining space, privacy and amenity while reducing the ongoing upkeep associated with a traditional family home, a balance that increasingly defines downsizing decisions in established suburbs.

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Rather than maximising yield, the design prioritises spatial comfort and landscape, with more than one-third of the site dedicated to gardens by Ben Scott Garden Design.

This emphasis on greenery creates separation between buildings, reinforces privacy and establishes a sense of domestic calm that mirrors the garden settings many residents are accustomed to.

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That residential character continues through the architecture by <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, which draws directly from the surrounding neighbourhood where many homes date back to the interwar period. The buildings are conceived as traditional residences rather than a single apartment form, allowing them to sit comfortably within the existing streetscape.

“Given the quiet residential character of the street, we approached Threadneedle wanting it to appear less as a collection of apartments and more as a traditional residence,” said John Scaramuzzino, director at Bruce Henderson Architects. “That led to creating two buildings that could breathe, with larger garden-based apartments functioning more like small homes.

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Inside, the residences are defined by proportions and layouts more commonly associated with houses than apartments, reinforcing the project’s alignment with buyers transitioning from detached living. All homes are three-bedroom configurations, many incorporating dedicated studies designed as separate rooms rather than adapted corners. Living areas extend to generous terraces or courtyards, while three-metre-high ceilings, oversized internal doors and full-height glazing enhance openness and natural light without sacrificing privacy.

“The interior design evolved from the architecture and garden setting,” said Chantelle Sinnott of Bruce Henderson Interiors. “We wanted to create spaces that feel connected to nature, with flexibility and functionality that supports how people actually live.”

Each residence has been individually planned to maximise privacy and outlooks, with garden views prioritised across multiple aspects. Parking and storage are treated as essential components rather than secondary considerations, aligning with expectations shaped by years of living in detached homes and reinforcing the project’s house-like approach to apartment living.

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Together, these characteristics, generous internal space, private outdoor areas, low-density form and a strong connection to landscape, closely mirror the qualities many downsizers seek as they transition out of family homes, without requiring a departure from the neighbourhoods they know.

Leafy streets, village-scale retail and established community networks underpin daily life, while access to public transport along Whitehorse Road and nearby parklands supports walkability and convenience. For many residents, the ability to remain within a familiar suburb is central to the downsizing decision.

With construction now complete, a limited number of residences remain available, including a top-floor penthouse offering single-level living with three bedrooms, a dedicated study and expansive terraces.

[smartcode_project_cta:default project_id=27816]

Why downsizers are choosing Threadneedle, Balwyn's newest apartment development

Twelve multimillion-dollar homes on one of Mosman's last large consolidated residential blocks are set to make way for The Oswald, a 103-apartment development that puts the suburb's Low and Mid-Rise Housing reforms to their most visible test yet.

The site at 42A-52 Rangers Avenue and 21-31 Brierley Street was assembled last year for a reported $86 million by entities linked to Arissa Group and its director Frank Scarf.

The consolidated 5,638 sqm block, bounded by Rangers Avenue to the north and Brierley Street to the south, with Cartreff Lane running along its eastern edge, gives the project an unusual three-street presence and a site footprint that is rare for the Lower North Shore.

<img alt="First Look: The Oswald rises from Mosman's $86 million supersite" data-entity-type="file" data-entity-uuid="19dd6171-74ed-4e39-83a2-6c4f45057c7c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/mosman%20a.png?VersionId=F.7cdgrjPHdF8VdabP2m3g9NPIcdFRe5" />

<a href="https://www.apartments.com.au/architects/dko-architecture">DKO Architecture</a> has designed a six and seven-storey building that steps across the sloping site in a U-shaped form, with the gap between the two arms of the building opening inward toward a central communal space that includes a pool and landscaped garden.&nbsp;

The form is explicitly drawn from the material language of the surrounding streets: a brick base articulated into finer-grain bays that roughly match the width of the bungalows being replaced, stepping up and down with the natural fall of the land rather than imposing a uniform datum.&nbsp;

Upper levels set back further from the street edge, keeping the building's presence lower and more domestic at the perimeter while the bulk consolidates toward the centre of the site.

The 103 apartments span a mix of 14 one-bedroom, 58 two-bedroom, 29 three-bedroom and two four-bedroom homes, spread across three basement levels that also accommodate 198 car spaces accessed from Cartreff Lane.

<img alt="First Look: The Oswald rises from Mosman's $86 million supersite" data-entity-type="file" data-entity-uuid="1e5e5ea1-96d3-4d3f-a872-ab202450bf4e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Mosman%20b.png?VersionId=L43LKdPuoUiKYTtIdtaefVivyTrvlcVo" />

The site sits within easy walking distance of Cremorne town centre to the west, where the Spofforth Street strip offers cafes, grocers and everyday retail.&nbsp;

The Cremorne Point ferry wharf puts the CBD roughly 20 minutes away by water, with bus services along Military Road providing additional links across the Lower North Shore.&nbsp;

Mosman is going through a wave of new apartment projects, with the likes of Abadeen, WINIM, DARE, and Toohey Miller with apartment developments underway and in planning.

The Oswald apartments pitched as Mosman density-push continues

High-rise developer Level 33 is continuing to venture out of its Wollongong heartland.

The developer, which has several projects completed, underway, and planned in the third-largest city in New South Wales, is heading to Homebush, where it plans to develop more than 300 apartments across two towers.

Like most developers, it has sought approval through the NSW Government’s Housing Delivery Authority, filing a State Significant Development Application for what they will call <a href="https://www.apartments.com.au/new-apartments/soleil-17-24-loftus-crescent-homebush-nsw-2140">Soleil</a>.

The DKO-designed towers, 27 and 35 storeys in height, will replace seven detached homes. The apartments will sit above a four-storey podium, which will be crowned with a pool, dining areas, and landscaped spaces.

<img alt="17-24 Loftus Cr, Homebush" data-entity-type="file" data-entity-uuid="28be85ce-0e00-495d-9528-b9ca3f85e583" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/perspective_4.png?VersionId=N6zmNAUwvZOElnX6IgLOEeON7yaoBx0p" />

According to the Urban Design Report prepared by DKO Architecture, the proposal “supports residential growth with housing diversity” and is designed to “create inviting, safe public spaces with strong environmental amenity that encourage social interaction and pedestrian movement”.

Level 33, founded by Eddy Haddad, has thousands of apartments in the pipeline. They have their 500-plus-unit WIN Grand redevelopment, and another 900 units to be developed in replace of the old Bunnings Warehouse on the corner of&nbsp;<a href="https://www.apartments.com.au/new-apartments/60-74-flinders-street-wollongong">Gipps and Flinders Streets</a>.

They are soon to launch their second stage of their Kogarah development, and will also hope to&nbsp;launch Summit Wollongong, later this year, pending approvals to upsize the development to have over 330 apartments. Also set to hit the market is their boutique Kiama development, Elan.

Level 33 adds to 2,000-unit pipeline with Soleil, new two-tower Homebush plans

<a href="https://www.apartments.com.au/developers/consolidated-properties">Consolidated Properties Group</a> (CPG) has unveiled Gloriette, its new 25-storey luxury residential tower set to rise within its Yeerongpilly Green (YG) precinct in Brisbane’s inner south.&nbsp;

Designed by award winning architects <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, <a href="https://www.apartments.com.au/new-apartments/gloriette-30-bedivere-street-yeerongpilly-qld-4105">Gloriette</a> will deliver 181 luxury two- and three bedroom apartments on King Arthur Terrace, offering uninterrupted views across the Brisbane River, Indooroopilly Golf Course and the Brisbane CBD.&nbsp;

The reveal of the project follows its development approval by Brisbane City Council within the evolving <a href="https://www.apartments.com.au/new-apartments/yeerongpilly-green-21-queens-way-yeerongpilly-qld-4105">Yeerongpilly Green</a> masterplanned community late last year.&nbsp;

The formal market launch will be later this year.

The name “Gloriette” is drawn from classical European architecture, referring to a garden pavilion traditionally set within palace landscapes.&nbsp;

CPG says its choice reflects Gloriette’s strong connection to landscape, outlook and amenity, with refined architecture complemented by lush gardens, exceptional rooftop facilities and an emphasis on light, views and liveability.&nbsp;

[smartcode_project:default project_id=150713 project_image_fid=359985]

Set on a 4,323 sqm site, Gloriette has been designed to integrate with its surroundings, prioritising green space and community connection with more than 2,000 sqm of landscaped gardens to surround the tower, creating privately owned, publicly accessible parkland. Located within one of Brisbane’s 2032 Olympic Games precincts, the development is literally minutes’ walk of the future Olympic tennis venue and the upgraded Yeerongpilly Cross River Rail station.&nbsp;

CPG Head of Residential James MacGinley says Gloriette represents a defining addition to the Yeerongpilly Green precinct.&nbsp;

Gloriette is a natural evolution of Yeerongpilly Green and our commitment to creating places where people genuinely love to live,” MacGinley said.&nbsp;

“The views from Gloriette will be unlike anything else in Brisbane. Elevated northern aspects taking in two reaches of the Brisbane River, Indooroopilly and Brisbane golf courses, the city skyline and Mt Coot-tha are exceptionally rare. We expect buyers will immediately recognise the uniqueness of this opportunity.&nbsp;

“The generous apartment sizes will appeal to people looking to downsize without compromise, offering luxury, spacious, light filled apartment living without the intensity of inner-city congestion.

“Developments like Gloriette also play an important role in addressing Brisbane’s housing needs, with the potential to free up 181 houses for local families.”&nbsp;

[smartcode_project:default project_id=150713 project_image_fid=359988]

Gloriette will complement the award-winning YG Riverside Village, home to Woolworths, Goodlife Health Clubs, new Doctors surgery and a growing dining precinct that continues to attract locals and visitors alike.&nbsp;

<a href="https://www.apartments.com.au/builders/hutchinson-builders">Hutchinson Builders</a> has been appointed as builder, with <a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a> International confirmed as sales agent. A dedicated display suite is scheduled to open for the public launch in the second half of 2026 in a heritage-listed Queenslander opposite the site.&nbsp;

Andrew Scriven, Director of Residential at Colliers International, says buyer interest is already building.&nbsp;

“Gloriette offers a rare opportunity to secure a high-end riverside home within a major lifestyle precinct,” Scriven said.&nbsp;

“We’re inviting buyers to sign up to the VIP list today to receive exclusive updates, early information and priority access ahead of the formal launch.”

[smartcode_project_cta:default project_id=150713]

Consolidated Properties Group unveils Gloriette in Yeerongpilly Green precinct

Develotek has secured State Significant Development approval for its 34-storey mixed-use tower on the Pacific Highway in Chatswood.

The developer pumped up the height under the in-fill affordable housing uplift to create a 101-unit building with 27 apartments dedicated as affordable. It was previously approved for 89 apartments across a 27-storey tower.

In granting consent, the NSW Department of Planning, Housing and Infrastructure cited the project’s alignment with state and regional planning objectives, including the National Housing Accord and the Chatswood CBD Strategy. It will also pump over $107 million of capital investment into the state, as well as 180 operational jobs and 182 construction jobs.

The site, across <a href="https://www.apartments.com.au/new-apartments/691-699-pacific-highway-chatswood-nsw-2067">691-699 Pacific Highway</a>, sits around 500 metres from the Chatswood Transport Interchange and within walking distance of the retail core.

<img alt="Develotek secures approval for 34-storey mixed-use tower on Pacific Highway, Chatswood" data-entity-type="file" data-entity-uuid="65261a56-ef10-479b-941a-d4e3f22cd973" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29%20%281%29_1.png?VersionId=PFN5_svoAwQgHPM1K9XJFlg9BJSfArm0" />

Designed by Squillace Architects, the tower will rise to 117 metres and sit above a two-storey podium and eight basement levels of parking. The residential mix includes one, two, and three-bedroom apartments, with affordable housing to be managed by a registered community housing provider for a minimum of 15 years.

The tower’s built form is characterised by a slender, articulated residential element set above a more robust podium, with commercial uses activating the street edge. Communal amenities are located within the podium and upper levels, including landscaped open space, a pool, gym, and shared facilities, contributing to resident amenity while reinforcing the mixed-use nature of the precinct.

<img alt="Develotek secures approval for 34-storey mixed-use tower on Pacific Highway, Chatswood" data-entity-type="file" data-entity-uuid="2672fcb7-aa48-4f99-a6e5-aedf9d506973" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium_1.png?VersionId=mP29SWoVfCvI_hMODNx6QJ00VT435B33" />

&nbsp;

The approval represents one of the larger residential-led developments to proceed under the NSW Government’s infill affordable housing pathway, reinforcing Chatswood’s role as a high-density employment and residential centre on Sydney’s North Shore.

Chatswood is going through another growth phase, with the likes of Changfa Group, Billbergia, Coronation, Tian An LFD, Bridgestone, and Hyecorp all planning projects in the suburb. The NSW Gov is also proposing a further <a href="https://www.apartments.com.au/news/nsw/nsw-gov-landcom-plan-1-500-new-apartments-in-chatswood-cbd">1,500 new homes on the former contruction site of the Sydney Metro</a>.

Develotek secures approval for 34-storey Chatswood tower

Off the plan apartments buyers have started to move into <a href="https://www.apartments.com.au/buildings/louise-melbourne-8-louise-street-melbourne-vic-3004">Louise</a>, the flagship Albert Park apartment development by local developer Samuel Property.

Construction firm Hamilton Marino has recently completed the two-year build of the 16-storey Louise Street tower, just off St Kilda Road.

Developer Illan Samuel says the project’s strong sales result, with around 90 per cent of apartments sold ahead of its construction completion, is a “good news story for Melbourne”.

“Melbourne hasn’t had the easiest time in the off the plan development space in recent years,” Samuel says, pointing to rising taxes and limited growth in the established property market. However, there are signs of improvement, with build costs having normalised and now “only moving modestly”, and improving sentiment among buyers both local and interstate that Melbourne is the city of opportunity.

Samuel attributes the success of Louise to a combination of the project team, design, location and apartment mix, noting strong investor interest driven by high rental yields and comparatively low body corporate fees.

While only about 20 apartments are currently being leased, they are achieving yields of between 5.5 and 6 per cent.

“The maths show investors are receiving neutral or even positive cash flow on a city-fringe residential asset that has grown by around 5 per cent year on year for the past three years&nbsp;based on our pricing strategy on&nbsp;incremental price rises during construction and sales milestones, while much of the broader market has remained relatively flat,” he says.

<img alt="Samuel" data-entity-type="file" data-entity-uuid="79b97c26-6fc6-4887-984a-8de45f0e1e6d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/8-Louise-St-33.jpg?VersionId=Egjy9IyMg5Y9M3X1WTEQU0riRCDAdLVG" />

A handful of apartments remain, with one-beds starting from $595,000, two's from $779,000, and three-beds from $2,445,000. All but one sub penthouses have been sold, and that is priced from just shy of $14 million. It has four bedrooms and five bathrooms across its 600 sqm, and parking for five cars.

Darren Blair from Blair Property Group has handled the sales campaign.

<a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a> designed the 89-unit building, on the fringe of St Kilda Road and Albert Park, to respond directly to its heritage-rich context, where historic mansions and retained period buildings continue to shape the streetscape.&nbsp;

The completed building reflects this influence through its brick façade and art-deco detailing, drawing cues from neighbouring heritage structures while delivering a contemporary residential format suited to modern inner-city living.

<img alt="Cera Stribley" data-entity-type="file" data-entity-uuid="c6067811-6d0d-4057-b77c-2b5fde0a5602" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/8-Louise-St-36.jpg?VersionId=YfEOR_L10AI4JgGDtD_ZjaxeT0DL4PRe" />

Amenities were conceived as an extension of daily life rather than a checklist of inclusions. Residents now have access to a ground-floor pool illuminated by a central skylight, a fully equipped gym, steam room, private dining room, lounge, and a landscaped outdoor terrace that wraps the communal spaces.&nbsp;

The amenity offering reflects a biophilic design approach, with water and greenery used to soften the building’s urban setting and support wellbeing.

<img alt="Louise" data-entity-type="file" data-entity-uuid="531e3e37-5e48-4af6-8b9c-49fa91504175" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/8-Louise-St-184.jpg?VersionId=KA.jqRLlSggTvJ.FWLtU47IOwDI9LF61" />

Samuel now shifts its focus to <a href="https://www.apartments.com.au/new-townhouses/hali-dromana-105-111-point-nepean-road-dromana-vic-3936">Hali</a>, its beachside townhouse development in <a href="https://www.apartments.com.au/developments/dromana-vic-3936">Dromana</a>, which has been popular among city dwellers looking for a low-maintenance bolthole on the Mornington Peninsula.

Samuel recently began the construction phase of the&nbsp;73-townhome community, one of the most unique developments the Mornington Peninsula has seen in decades.

[smartcode_project_cta:default project_id=112174]

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