Adding to Chatswood’s growing skyline, <a href="https://www.apartments.com.au/new-apartments/the-anderson-chatswood-54-56-anderson-street-chatswood-nsw-2067">The Anderson</a> is grounded in a simple principle: apartment living in a major centre does not have to come at the expense of space and outlook.

Set on Anderson Street in the heart of <a href="https://www.apartments.com.au/developments/chatswood-nsw-2067">Chatswood</a>, the new residential tower, a collaboration between developers <a href="https://www.apartments.com.au/developers/changfa-group">Changfa Group</a> and <a href="https://www.apartments.com.au/developers/huirong-group">Huirong Group</a> with architecture and interiors by <a href="https://www.apartments.com.au/architects/ajc-architects">AJC Architects</a>, will introduce 122 apartments that prioritise generous proportions, considered orientation, and a strong connection to the surrounding heritage precinct.

The design originated from a Design Excellence Competition, where AJC proposed a building that combines suburban-style apartment scale with the density expected in a transport-rich centre. The development will include more than 1,800 square metres of retail and commercial space at street level, landscaped communal roof terraces, and a ground-floor pocket park framed by canopy trees. Together these elements aim to create a building that integrates with Chatswood’s evolving streetscape while maintaining a strong residential focus.

[smartcode_project:default project_id=151353 project_image_fid=353250]

A key driver behind the architecture was the desire to deliver family-sized apartments rarely seen in the Chatswood market. The Anderson includes a mix of one to four-bedroom apartments, with around 35 per cent of the residences configured as three or four-bedroom homes. At the top of the building, two double-storey penthouses span approximately 200 square metres each, reinforcing the project’s emphasis on scale and long-term liveability for both downsizers and intergenerational households.

Orientation and outlook were central to the planning of the building. The apartments are positioned to maximise views to the north and east across Chatswood’s heritage precinct, with upper levels capturing glimpses of the Pacific Ocean. South-facing apartments gain distant views toward the Sydney CBD and Harbour Bridge, while the building’s configuration intentionally reduces western exposure at lower levels to minimise overlooking toward the nearby railway corridor.

The external design references the character of the surrounding conservation area without replicating it directly. A brick podium anchors the building to the street and introduces a series of architectural portals that draw inspiration from the nearby Chatswood Presbyterian Church. Above this base, the tower shifts to a lighter, more open expression defined by horizontal lines and carefully detailed balconies that balance privacy with outward views.

[smartcode_project:default project_id=151353 project_image_fid=353254]

Toward the top of the tower, AJC introduces a distinctive lantern-like element formed by sliding screens. These screens provide both solar shading and privacy while also creating a visual marker for the building within the Chatswood skyline. The feature reinforces the architectural intent of the project, a structure that is visually refined while still responding to the practical requirements of apartment living.

Inside the residences, interior architecture by Hayball focuses on clear spatial flow and practical everyday use. Open-plan living areas connect directly to large balconies, extending the internal living spaces outward and allowing natural light to move deeper into the apartments. Kitchens are designed as central working spaces with premium appliances and carefully selected materials, positioned to serve both daily living and entertaining.

[smartcode_project:default project_id=151353 project_image_fid=353256]

Bathrooms follow a similarly restrained design language, using refined fixtures and materials to create calm, functional spaces, while wardrobe areas adopt a gallery-style layout with integrated lighting and generous storage. These elements reflect a broader design approach that prioritises clarity, functionality, and durability over decorative gestures.

Positioned just a short walk from Chatswood Interchange, residents will have direct access to rail, metro, retail, and dining. The Metro extension allows travel from Chatswood to Martin Place in approximately 11 minutes, placing the CBD within easy reach for residents while maintaining the convenience of a walkable North Shore neighbourhood.

One-bedroom apartments at The Anderson start from $1,022,000.

[smartcode_project_cta:default project_id=151353]

Joel Robinson

How AJC designed The Anderson to bring oversized apartment living to Chatswood

<a href="https://www.apartments.com.au/developers/bridgewell-development">Bridgewell Capital</a> has lodged plans for a major mixed-use apartment development in the heart of Maroubra, seeking a significant uplift in height and density controls to deliver 120 apartments and a 120-place childcare centre near Maroubra Junction.

The State Significant Development application, filed through the NSW Government’s Housing Delivery Authority pathway, covers a 3,270 sqm amalgamated site at 251-257 Maroubra Road and 133-135 Garden Street. The proposal includes a concurrent rezoning that would increase the maximum building height from 12 metres to 35.6 metres and lift the floor space ratio to 4.02:1.

Designed by <a href="https://www.apartments.com.au/architects/bka-architecture">BKA Architecture</a>, the project would replace a mechanic’s workshop and several detached homes with a 10-storey residential building above four basement levels.

The scheme comprises 120 apartments, including 27 affordable housing units to be managed by a community housing provider for 15 years, alongside 203 basement car spaces and 92 bicycle spaces. A childcare centre occupying nearly 900 sqm of floor area would sit at ground level and be capable of accommodating 120 children and 22 staff.

<img alt="First look: Bridgewell plots 120 apartments and childcare centre in Maroubra town centre" data-entity-type="file" data-entity-uuid="038a0639-f9e4-4303-8fcc-d43e73fa480f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bridgewell%20pers.png?VersionId=eGBElxmNqJW.YF3JFYgHTnPgAstdyXR3" />

According to the Design Report, the project has been conceived as a “gateway proposal” that responds to Maroubra’s evolving urban character and its proximity to the town centre.

“Designed to complement the character of Maroubra’s town centre, this gateway proposal features a building scale that matches its surroundings,” the report stated.

“It integrates residential units above a ground-level childcare centre, fulfilling the strategic objectives of the Randwick City Council Masterplan.”

The apartment mix is weighted toward larger residences aimed at families and downsizers, reflecting changing demographics in the Randwick LGA and increasing demand for medium-density housing close to transport and amenity.

BKA Architecture said the proposal seeks to reinforce Maroubra Road as a civic spine while improving the pedestrian experience around the site through landscaping and upgraded public interfaces.

“The design capitalises on the following site opportunities: reinforcement of Maroubra Road as a civic spine, enhancement of pedestrian pathways and the public interface via new landscaping, and strong market demand for two and three-bedroom apartments to support families and down-sizers,” the Design Report noted.

<img alt="First look: Bridgewell plots 120 apartments and childcare centre in Maroubra town centre" data-entity-type="file" data-entity-uuid="ee509779-3c7e-4918-b03d-761c785459d0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bridgewell%20site.png?VersionId=eZC4Ruyn.C7O.Qwfr1SVeP5.ds1c5.66" />

The building has been designed with setbacks and articulation intended to transition between the commercial intensity of Maroubra Junction and the surrounding lower-scale residential neighbourhoods. Communal open space is proposed on level one, while upper-level apartments would secure views towards Port Botany, Maroubra Beach and Sydney’s eastern suburbs.

The development sits around 200 metres east of the Maroubra Junction intersection of Anzac Parade and Maroubra Road, within one of Randwick’s identified strategic centres. The site is close to Pacific Square Shopping Centre, major bus routes, schools, parks and future cycling infrastructure proposed under the Maroubra Junction Masterplan.

The Maroubra proposal aligns with broader NSW Government initiatives encouraging higher-density housing near established centres and transport corridors, particularly where affordable housing is incorporated.

Bridgewell is also working on a <a href="https://www.apartments.com.au/news/qld/goldfields-sets-the-stage-as-quartet-milton-launches">new 55-unit project in Killara</a>.

First look: Bridgewell plots 120 apartments and childcare centre in Maroubra town centre

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.

[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."

[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.

[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, a level 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]

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

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?

Marking the third and final apartment building in Mirvac’s master planned Tullamore precinct, FORME is inspired by the natural elements with a collection of one and two-bedroom apartments.&nbsp;

For a limited time, through Mirvac’s exclusive management agency, Real Estate Services by Mirvac, secure a five percent rental guarantee when you purchase one of the final two-bedroom FORME residences*.&nbsp;

This exclusive offer is only available to the first three eligible buyers, before October 31, with prices for a two-bedder starting from $630,000.&nbsp;

[smartcode_project:default project_id=100322 project_image_fid=163036]

Crafted with natural details and a timeless sophistication, FORME'S generous two-bedroom residences feature large kitchens, light-filled living and dining areas and spacious balconies, which take in the surrounding leafy views.

Spanning from 83 sqm to 104 sqm, the remaining two-bedroom apartments feature an open plan design, with the kitchens featuring reconstituted stone benchtops, brushed platinum tapware, fluted glass cabinetry and Miele appliances.

[smartcode_project:default project_id=100322 project_image_fid=163024]

Full height, double glazed windows, and sliding doors seamlessly connect the indoors to the out, whilst also providing ample light into each of the homes.&nbsp;

With the prestigious Tullamore community nearing completion, don't miss your opportunity to secure one of the final FORME residences and enjoy the convenience of unrivalled amenity and open green space at your doorstep.&nbsp;&nbsp;

Set in an architectural landmark once known as the Elephant House - which was built to house prized racehorses - the Stables Provedore Cafe offers a local destination for FORME residents to meet, eat and relax amidst the tranquil grounds of Tullamore, while the Next Gen Health and Lifestyle Club delivers a full suite of studio classes, indoor and outdoor pools, a spa and tennis courts.

[smartcode_project:default project_id=100322 project_image_fid=163030]

Inside FORME, residents will be greeted with a striking double-height entrance and sculptured artwork by acclaimed artist Anna-Wili Highfield, along with&nbsp;a resident's lounge and dining room, complete with a kitchen and garden terrace.&nbsp;

Additional lounges are located on levels two and four, which also include sculptured artworks by Highfield, along with double height ceilings.&nbsp;

*Terms and conditions apply

[smartcode_project_cta:default project_id=100322]

Crafted with natural details and a timeless sophistication, FORME'S generous two-bedroom residences feature large kitchens, light-filled living and dining areas and spacious balconies, which take in the surrounding leafy views.

FORME's final two-bed apartments offering buyers five per cent rental guarantee

As quality living spaces become more sought after, Crown have taken to rejigging their debut Brisbane apartment project, lodging an updated set of plans to the local council.&nbsp;

The initial plans were scrapped off the back of community feedback, with Crown then engaging renowned Japanese architect, Kengo Kuma to design the new project, in addition to local architects, Plus.

<img alt="Render of the proposed West End development" data-entity-type="file" data-entity-uuid="2d91b4e3-36a8-41ae-8d9e-319e6818cea1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-05%20at%204.43.57%20pm.png?VersionId=1eQcQ6JkxtSTp8AYSbX2.WPI3HncjVbT" />Render of the proposed river-fronting West End development by Crown.&nbsp;

Crown and Kuma have previously collaborated, at Crown’s Sydney Waterloo development, Mastery by Crown.

The re-lodged plans for the 1.25 hectare site at 117 Victoria St incorporate designs for 473 apartments, with the group increasing apartment numbers from 455.&nbsp;

The plans say the design of the West End project began by asking what is the spatial quality to be sought after in this new paradigm of living.&nbsp;

“In answering this question, the goal of the project has been set to create a strong connection to the immediate outdoors, to the neighbourhood, and to the surrounding natural landscape," the design submission read.

The $500 million riverfront project will deliver four 12-storey residential towers, with a mix of 126 one-bedroom apartments, 225 two-bedroom apartments, 111 three-bedroom, and 11 four-bedroom apartments.&nbsp;

<img alt="Render of the proposed amenity offering in the West End development" data-entity-type="file" data-entity-uuid="248c93af-1490-4e26-b5ce-fe8b37862672" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-05%20at%204.43.50%20pm.png?VersionId=arSn45fY57c2QEGAJpF3kihDjGI89mi4" />Render of the proposed amenity offering in the West End development

"Located on a riverfront in the West End district, the project is privileged with the beautiful natural environment of the site, with the ambition of the design not only to connect the residents to the riverfront, but also to bring together the landscape, the residents, and the greater West End community," the statement read.

"The central park, defined by the orientation of the four towers, connects residents to the river physically and sensually, with the area scattered with places to sit and relax."

The communal ground floor space separates each of the towers, with the area also set to include a lagoon-style pool, outdoor lounge areas and nature play zones.&nbsp;

Crowning building’s one and four will also be additional communal recreation space, with rooftop pools, entertainment decks, indoor gyms and lounge and dining areas.&nbsp;

[smartcode_project_cta:default project_id=8572]

The initial plans were scrapped off the back of community feedback, with Crown then engaging renowned Japanese architect Kengo Kuma

Crown update plans for debut Brisbane development

Multi-billion-dollar developer GURNERTM has solidified its Queensland presence with a high-profile local senior team and a new office location, building on the developer’s Melbourne Head office and recently announced Sydney expansion.

GURNERTM has recently appointed Rob Cooke as Chief Delivery Officer and Jaime Cali as its Queensland Project Director, who joins the team after five and half years as Project Director of the Destination Gold Coast Consortium.

Rob Cooke has been an industry leader for over 30 years, working at Far East Consortium for 20 years and prior to that employed at Multiplex. Rob joins the GURNERTM team to work across all major projects as the brand continues to push into large-scale mixed-use precincts across Australia.

While Jaime Cali in her previous role led the development of the Consortium’s $2 billion dollar masterplan and the delivery of the first two stages at The Star Gold Coast.

Jaime will join three other local GURNERTM team members in Queensland at a recently established Brisbane head office, to be led by GURNERTM founder and CEO, Tim Gurner, and Chief Delivery Officer Rob Cooke, as the brand rapidly expands its Queensland pipeline.

The developer’s national pipeline now well exceeds $10 billion with over $2 billion of that now focussed in Queensland across six residential towers and existing investment assets.

That pipeline includes GURNERTM’s city-shaping $1.5billion La Pelago island precinct, which is expected to hit the market sometime in 2023, consisting of four residential towers and hotel.

[smartcode_project:default project_id=108339 project_image_fid=200435]

The pipeline also includes a recently acquired Burleigh development and a 250+ apartment project in Fortitude Valley next to GURNERTM’s completed half-a-billion-dollar FV asset, which was completed in 2017 and consists of 1,000 apartments over three 30-storey towers.

GURNERTM is also looking at further acquisitions in Brisbane, Gold Coast and surrounding locations, to continue to bolster the QLD business.

“Queensland is a big part of our brand’s history and will continue to be a huge strategic focus for us in the next two to five years," Gurner says.

[smartcode_project:default project_id=108339 project_image_fid=200438]

“We are very excited to establish the office in Queensland and ensure we have the absolute best local team to ensure we can deliver these projects to the exacting standards by which the GURNERTM brand has become so well known.

“We believe the Gold Coast in particular is going through a once in a generation reinvigoration and we plan to be at the forefront of this with a presence across residential, hotel, hospitality and wellness brands.

“Our aim is for Queensland to represent roughly 10-15% percent of our pipeline in the coming years so this investment into a best-in-class local team means we can continue to raise the bar for luxury residential design in Australia.

[smartcode_project:default project_id=108339 project_image_fid=200437]

“It is a very interesting time in Queensland with construction pricing causing a lot of angst in the industry. We are aware of what is going on and that upheaval in the market is one of the big reasons for our focus on the region.

“We have been through this cycle before in Brisbane with FV and so we are aware of how it plays out and confident that the market will calibrate and construction prices will drop again, as there is absolutely no work in the pipeline beyond mid-year for anything major scale residential, with a large number of jobs pulled or not going ahead.

“That huge drop in supply combined with the incredible demand from state migration is setting up Queensland to be a great place for us to invest into the future."

[smartcode_project:default project_id=108339 project_image_fid=200436]

GURNERTM Chief Delivery Officer Rob Cooke said the team are&nbsp;looking to create in Queensland is going to set a new benchmark for the state.

“We are investing heavily in our team and the state as we strongly believe that COVID has really changed the outlook for Queensland with immense immigration from the southern states as people prioritise this lifestyle and weather.

“We are putting together a world class team in Queensland that will be lead by Jaime who is best in class, and a great asset for the future of the business.”

GURNERTM Queensland Project Director, Jaime Cali, said, as a Queensland local, she has&nbsp;witnessed the area’s transformation over the past decade.

"I've never been more excited about the future of this city than right now," Cali said.

“Joining GURNERTM at this pivotal moment as the team prepares to launch and deliver La Pelago is an exciting milestone. I’m excited to bring my expertise to the team and help lead the creation of this once-in-a-lifetime precinct.”

The GURNERTM team is currently finalising plans for its $1.5billion La Pelago precinct, which has been designed by international architects, Warren &amp; Mahoney, and is centred around the concept of a luxurious ‘private island resort – a truly unique offering for Australia and the Gold Coast’.

The developer’s national pipeline now well exceeds $10 billion, with over $2 billion of that now focussed in Queensland


Gurner to open QLD office to service over $2 billion local pipeline

The collapsed apartment developer Caydon Property has filed plans for a massive 36-level tower in Harris Park, bordering Parramatta, just days after listing the prime development site for sale.

The 1,818 sqm site at 114-118 Harris Street is just 850m from Parramatta Train station, 750m from the Parramatta Ferry and 240m from the new Parramatta Light Rail stop.

The documents submitted to the Parramatta City Council are dated across May and June, a month before it was announced the Melbourne-based developer collapsed.&nbsp;

MHNDU, led by Brian Meyerson, won the Parramatta City Council’s Architectural Design Excellence Competition for the project, dubbed Clay Cliff Point due to its&nbsp;location adjacent to Clay Cliff Creek, an important water way for the Burramattagal people of Parramatta.

<img alt="Clay Cliff location" data-entity-type="file" data-entity-uuid="d4fba4d3-3970-47e6-9173-e330b2097dda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-05%20at%204.11.16%20pm.png?VersionId=enYC9sP4BxVeKc05cFXbkzU9aEru3Ciu" />

"With an intrinsic connection to place as a guiding principle for our design, we are taking inspiration from the nearby waterway to attune the significant multi- residential building with its surrounding natural landscape," MHNDU said on the design.

"As part of our overall concept, we are devising a re-naturalisation of the nearby Clay Cliff Creek. By investing in the regeneration of this ecosystem, we envisage that our development will enhance the ecological condition of the waterway and provide public amenity for the broader community. "

There are 203 apartments planned, a mix of 38 one-beds, 142 two-bedders, and 23 three-bed apartments. There's also a marked effort for public artworks to engage the wider community.

<img alt="The plans by MHNDU" data-entity-type="file" data-entity-uuid="c9e7a1f6-452a-47a1-8071-402fa5cd5880" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-05%20at%204.10.32%20pm.png?VersionId=_VvB9XXtgg.neB1YXLKQdvZ9oqy5GwaY" />

"The heritage of Parramatta is perhaps amongst the richest in the State, but struggles with the primacy of change and that change sometimes overwhelms the scale and nature of the 18th, 19th &amp; 20th century heritage and its fabric," Cracknell &amp; Lonergan Architects noted in the documents submitted.

"The three proposed visual artists, Brendan Van Hek, Justene Williams and Gemma Smith are all contemporary Sydney based artists with nationally recognised public artworks/ installations. Through a public art proposal these stories can be retold in a contemporary and didactic manner to inspire and educate occupants of, and visitors to the building."

The plans include a large ground floor retail space and four commercial spaces on level one, which will within a red brick podium.&nbsp;The communal facilities will be located on level four, with a pool, gym, sauna, steam room and function room proposed.

Caydon collapsed in July owing debts of a reported $200 million.

The documents submitted to the Parramatta City Council are dated across May and June, a month before it was announced the Melbourne-based developer collapsed

First look exclusive: Caydon lodge Parramatta apartment tower plans to flip project

Sekisui House Australia has saved the best until last at West Village, their West End redevelopment of the Peter's Ice Cream Factory site.

They've lodged plans for the final tower in the incredibly successful nine-tower project, which they started redeveloping back in 2016. Since then West Village has won more than 40 awards, the most recent being the&nbsp;internationally renowned 2022 ULI APAC Award for Excellence.

Dubbed Callista on Park due to its premier location fronting Mollison Park, the most sculptural and refined offering in the village with north east aspect views, the new building is aiming to capture a different cohort of buyers compared to the more diverse towers that have come before it. The Callista on&nbsp;Park is boutique in nature and will feature just&nbsp;74 apartments,&nbsp;all&nbsp;three and four-bedroom configurations. There will be 34 three-bedroom apartments, each with a multi-purpose room, and 35 four-bedroom units. There will be a single two-bedroom apartment.

An extensive heritage impact statement was prepared for the building given its proximity to the heritage-listed Peters Ice Cream Factory, which sits next door.

<img alt="Callista on Park West Village 2" data-entity-type="file" data-entity-uuid="c2d75589-2367-4d98-a617-d97663a0d7ee" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-05%20at%202.34.45%20pm_0.png?VersionId=7kmWeYCIyHJaspxEY67azbkzN2KQxxTR" />

But the designs by FJMT studio&nbsp;responds sensitively to the 1928-built factory, which acts as the focal point of the whole development. That now homes a farmers market, and sits opposite a lawn which hosts&nbsp;the annual Brisbane Ice Cream Festival, pizza and pinot evenings, gardening workshops and fashion events.

"The new podium facade adjacent to the Factory respects the built form, reflecting its human scale and overall proportions," FJMT studio&nbsp;noted in their architectural&nbsp;design submitted as part of the application.

"The materiality of the facade is a response to the natural stone in its immediate landscape context with a warm and earthy palette."

The new building is divided into two distinctly expressed volumes, with a green seam weaving through the facade. With the most impressive views and location in West End, Callista on Park will celebrate its garden character wrapping Mollison park up its façade plateauing on a true sky garden designed by RPS.&nbsp;

"As an extension of the glazed facade, the roof is expressed as a ‘lantern,’ anchoring itself as a beacon down Melbourne St where the open air conservatory sits as a celebration of Brisbane’s subtropical climate," FJMT note.

The roof terrace is a series of generous lush gardens with intimate break out spaces, an infinity pool edge a wellness area and dining areas with stunning views are nestled into the landscape. The open air conservatory with a rich planting palette crowns the top of an unified architectural form.

"A layered and dialectic approach of two contrasting materials is employed with the use of new and light materials for the northern volume and a warmer palette as a sympathetic response to the heritage building and the contemporary Queenslander vernacular for the southern volume,"&nbsp;FJMT&nbsp;state.&nbsp;

“The largely glazed northern volume provides a long perimeter of glazed facade to the most desirable orientation.&nbsp;The taller of the two volumes is characterised by a unified and continuous louvres on the outside, shading the north facing balcony gardens and living spaces.”

<img alt="Callista on Park West Village 2" data-entity-type="file" data-entity-uuid="4d0e1dec-e17b-4751-a3c4-d9a8dfc86ff2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-05%20at%202.34.40%20pm.png?VersionId=A.uAEmNhV3atxr5hAex_j0IrOQTy87j3" />

FJMT Studo said each unit is carefully designed to optimise views,&nbsp;natural ventilation, thermal comfort, and refined with its own unique character.

"The apartments are homes centred around generous areas of balconies and gardens, which open up to expansive views of the Brisbane skyline, parklands and river."

The apartments will sit above a strategically designed new childcare centre elevating West Villages offering. Callista on Park is located next door to the recently launched Allere Collection, comprising buildings Uno and Duo and is the final stage in West Village.

[smartcode_project:default project_id=114215]

Sekisui recently released seven sustainable apartments in the Allere collection, focused on giving back to the planet.

Residents of apartments in the Sustainability Series will have access to two Tesla vehicles in partnership with OhmieGo.&nbsp;

The new building is divided into two distinctly expressed volumes, with a green seam weaving through the facade

First look exclusive: Sekisui's plans for West Village final tower, Callista on Park

It was another month where units outperformed houses across Sydney, Melbourne and Brisbane.

The Sydney unit market was one of the worst affected across September, according to CoreLogic, down -1.0 per cent. However the housing market has been fairing considerably worse during the downturn.

Sydney houses contracted -2.1 per cent, more than double the losses seen in units (which incorporates both apartments and townhouses). It's unsurprising for Sydney to scale back more than any other state due to the heightened cost of its real estate in comparison to other capitals.

[smartcode_project:default project_id=22748 project_image_fid=204929]

Sydney units are now back -2.6 per cent on the quarter and -3.3 percent on the year, with houses back -7.0&nbsp;per cent on the quarter and -9.2 per cent&nbsp;on the year.

It's a similar story in Melbourne, where units contracted -0.8 percent in September. Houses went backwards -1.2 per cent in comparison.

Melbourne's median unit value is now $603,276, down -2.6 per cent for the quarter and -3.3 per cent for the year. Houses are down -6.2 per cent down for the year.

[smartcode_project:default project_id=110367 project_image_fid=199206]

The biggest divergence between the house and unit market was in Brisbane, where units declined -0.1 per cent and houses -2 per cent.

Brisbane's units are still up 8.7 per cent over 2022, with the median unit value still just over $501,000. Houses are up 3.7 per cent, but the rolling quarter has seen values fall back -5.1 per cent.

[smartcode_project:default project_id=102309 project_image_fid=163978]

While the wider property market downturn in September wasn't as significant as it was in August, CoreLogic Research Director Tim Lawless said it is probably too early to suggest the housing market has moved through the worst of the downturn.&nbsp;

“It’s possible we have seen the initial shock of a rapid rise in interest rates pass through the market and most borrowers and prospective home buyers have now ‘priced in’ further rate hikes. However, if interest rates continue to rise as rapidly as they have since May, we could see the rate of decline in housing values accelerate once again,” Lawless said.

While the values continue to fall across the country, it’s suggested they would need to fall at least a further 14 percent before wiping out the gains of the recent growth cycle.&nbsp;

The reduction in the rate of decline came alongside an improvement in other indicators, with &nbsp;the flow of fresh listings continue to slide through the first month of spring, which is uncommon for this time of the year.

There was further good news for investors, with the&nbsp;national rental index increasing by 0.6 percent in September. The growth in rents however has been in a slowing pattern, which has been surprising given tightening&nbsp;rental vacancy rates across the country in recent months.

“A gradual slowdown in rental growth in the face of such low vacancy rates could be an early sign that renters are reaching an affordability ceiling,” Lawless added.

As rents continue to rise and dwelling values generally trend lower, gross rental yields remain on a rapid upwards trajectory. Capital city gross yields (3.36 percent) are now at the highest level since January 2021 after rising 40 basis points from the February 2022 record low. This was largely led by a 55 basis point rise in unit yields, while house yields rose by 23 basis points.&nbsp;

Units outperform houses in nation’s three largest capital city markets: CoreLogic  

While sitting just seven kilometres from the Melbourne CBD, Windsor has still maintained its quiet suburban charm.

Bordered to the north by Prahran along with St Kilda to the south, Windsor has access to all the inner-city has to offer, whilst still enjoying the peace and quiet of the suburbs, with a number of parks and green open spaces scattered around.&nbsp;

[smartcode_project:default project_id=3575 project_image_fid=201762]

A growing number of independent retailers, bars, restaurants and cafes have made a home in the leafy suburb, many of which can be found along Punt Road, known to locals as Little Windsor on Punt.&nbsp;

Windsor is also home to the famous shopping mecca of Chapel Street, which runs through the suburb, providing residents with an array of upscale boutiques, theatres and music venues.&nbsp;

The streets of Windsor are lined with a diverse range of housing, from Victorian-style terrace homes, to semi-detached cottages, as well as the ever-increasing apartment building.&nbsp;

[smartcode_project:default project_id=3575 project_image_fid=201758]

CV Windsor is the latest residential project to join the ranks, dipping into the potentials of the pocket of suburbia.&nbsp;

The project offers a completed and ready to move-in option for the area, comprising a mix of one, two, three and four-bedroom apartments.

While the well-connected site sits among traffic-heavy areas, CV Windsor has been designed as a sanctuary amongst the hustle and bustle.

Designed by deciBel Architecture, CV Windsor’s built form comprises a concrete structure, which helps reduce the impact of sound, with complex geometry driving its design.

[smartcode_project:default project_id=3575 project_image_fid=201752]

Just moments from the doorstep of the building sits near Prahran Railway Station and tram number 6 on the nearby High Street, along with being just a short walk to all the tram options on St Kilda Rd, providing connectivity to the greater Melbourne region.&nbsp;

[smartcode_project_cta:default project_id=3575]

CV Windsor is the latest residential project to join the ranks, dipping into the potentials of the pocket of suburbia. 


Around the ready to move in apartments, CV Windsor 

The first development of Soheil Abedian following the closure of Sunland Group has been granted approval.

Abedian's new Abedian &amp; Co venture will be developing Peerless in Mermaid Beach, not far from Sunland's successful 272 Hedges Ave which was recently completed.

The approval comes just four months after the plans for Peerless were filed with the Gold Coast City Council.

The project site at 35-41 Peerless Avenue will sit next door to the recently completed Bela by Mosaic.

<img alt="Render of the Mermaid Beach project" data-entity-type="file" data-entity-uuid="edec96ac-459a-4ee1-a9e1-325a113a13f7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/screen_shot_2022-06-22_at_3.39.49_am.jpeg?VersionId=OOAF7YI4Qh.ne2DV3d9GoVD2aaMmZv5D" />

Gold Coast-based Spatium Architects designed the plans for the 124-metre high tower, which focuses on the owner-occupier, dominated by a suite of three-bedroom apartments.&nbsp;

There will be 103 apartments in total, 44 two-beds which start at a generous 117 sqm internal living space and a further 11 sqm balcony.

Some 64 three-bed apartments are planned, which will start from nearly 200 sqm internally and have nearly 20 sqm balcony space. The sub-penthouse three-beds will span half a floor.

There will be a sole four-bedroom apartment, the sprawling rooftop penthouse, which will span over 400 sqm of living space and a further 280 sqm of outdoor area which will feature its own lawn.

A landscaped elevated podium will round out the recreational offering within the tower, featuring a 25 metre lap pool with a lagoon and inpool and spa, poolside garden pods, a garden barbecue terrace with lounge seating, a gym, a yoga room and a yoga lawn, along with two saunas and a steam room.&nbsp;

Away from the pool will also be a private bar and dining room with a green roof, which can be booked out by residents, along with further work from home space, provided in the form of a lounge with a library and meeting room.

<img alt="Render of the Mermaid Beach project" data-entity-type="file" data-entity-uuid="704db858-2d97-4591-a278-6c6b30c4d6ca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/screen_shot_2022-06-22_at_3.39.44_am.jpg?VersionId=LMw8atbslJObUKjiXw5iblHljOfW3Zy7" />

It is proposed the development will become a landmark building along the southern high rise fringe, with the site maintaining high visual exposure from the Gold Coast Highway and Hedges Avenue.

"The vision for this development is simple in the desire to create a carefully crafted residential project which not only provides a beautiful living environment for the residents, but also pays respect to the community in the way it integrates with its street context and the city skyline," Spatium noted in the development application.

They said that all apartments are generously sized to provide genuinely liveable spaces and that the unit mix, rather than being focused solely on high income earners, provides well designed homes for a large cross section of the community in the form of two, three and four-bedroom apartments.

[smartcode_project_cta:default project_id=113185]

Abedian gets sign off for Mermaid Beach apartment project, Peerless 

Fabcot, the development arm of supermarket giant Woolworths, has gone back to the drawing board to increase the size of their Kangaroo Point, Brisbane, mixed-use development.

They've had local architecture firm Cottee Parker Architects add a further seven levels to the previous development approval, taking the total levels now to 17. That will see the apartment numbers increase from 62 to 130.

The project, slated for 25 Ferry Street which will also front&nbsp;Deakin and Prospect Street's, will have a mix of just seven one-bed apartments, 75 two-bedders, 44 three-bed units and four four-bed apartments.

<img alt="Woolworths Kangaroo Point" data-entity-type="file" data-entity-uuid="5045db25-d04a-4f76-98b3-fc407f1ab58e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-05%20at%2010.11.20%20am.png?VersionId=_jq.9.Vbgj7DTqWb.9Yq9EMrA68876BC" />

There will be a rooftop pool, gym, and outdoor barbecue space with seating.

The tower will rise above a full-line, 2,240 sqm Woolworths.

Town planner Urbis noted the change application was through further design planning, and the acquisition of another lot to make a 3,197 sqm site.

"The site is in a well-positioned location that boasts strong connections to the river, CBD, Howard Smith Wharves dining precinct, the Story Bridge and a variety of walking and cycling paths," Urbis noted in their submission to the Brisbane City Council.

<img alt="Woolwor" data-entity-type="file" data-entity-uuid="8add64c3-12ad-4794-a426-3495f3145e24" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-05%20at%2010.11.15%20am.png?VersionId=iY9o4TX0cAECzyxlEiQg2kL1msvlYJcq" />

Approval for the former 10-level, 62-apartment project had been granted in December 2021.

The Kangaroo Point project is yet another application submitted by Fabcot so far in a busy 2022. In May they submitted plans in Sydney to&nbsp;reinvigorate an existing retail space in Neutral Bay Village, activating a pedestrian laneway and plaza and building 91 apartments above a Woolworths. The proposal also includes extensive office space.

It was revealed late last year that Woolworths were venturing into the residential development space, with the first announcement a $200 million mixed-use building in Sydney's Waterloo.

The project, to be known as Bourke &amp; Young at 923-935 Bourke Street, is being drawn up by&nbsp;Sydney architects Bates Smart. It is expected to have some apartments dedicated to affordable housing for key workers.

Fabcot plans similar residential and retail projects in Elsternwick and Glen Iris in Melbourne and at Scarborough in Perth.

&nbsp;

It was revealed late last year that Woolworths were venturing into the residential development space, with the first announcement a $200 million mixed-use building in Sydney's Waterloo

First look: Woolworths plot larger Kangaroo Point mixed-use apartment and retail development

Veteran Gold Coast apartment developer David Devine is making his Esplanade, Miami apartment development larger.

He's scrapped plans for the sold-out $105 million Alba Residences, on the border of Miami and Burleigh, after buying the site next door. Now he's planning for a $400 million apartment tower designed by the renowned architecture firm Koichi Takada.

There will be 100 apartments planned for the 24-level tower, now on a 2024 sqm site across 264 and 266 Esplanade.

The project will now be known as Burly, and will also feature improved&nbsp;amenities for residents on the lower levels.

<img alt="The Burly" data-entity-type="file" data-entity-uuid="e639f3ec-623a-48e6-87f2-44b8414ff818" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-05%20at%2010.04.14%20am.png?VersionId=qEKIApg3sj1LnuSmob9nHwLER6cR4uY5" />

In the statement submitted to the Gold Coast City Council, Takada noted that Burly&nbsp;is inspired by the waves crashing against the beach directly across the road.&nbsp;

"With a fluid silhouette and dynamic facade, the building is designed to read from the street as a series of staggered wavelike forms floating above a more solid, grounded base," the report read.&nbsp;

"The building is located on an amalgamated site with a wide 40 metre frontage, affording the opportunity to position the development with generous setbacks to the side boundaries and still provide residents with extensive, lush landscaped areas and well-proportioned residential spaces.

<img alt="The Burly tower" data-entity-type="file" data-entity-uuid="c753ec72-4117-4c44-ba4f-852633c1c811" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-05%20at%2010.04.19%20am.png?VersionId=zxwGVQgDuoTCDgxupSl4pUZPw1kFpFZc" />

"A series of operable screens spanning the length of the sides allow occupants to control privacy and shading, while creating a dynamic, layered facade.&nbsp;

Apartment layouts will also be oriented to maximise views and natural light from the living areas. Uniquely, the size of the site is such that it allows all apartments, including those at the rear, to capture the distant views from their living areas and balconies.&nbsp;

The plans for Burly doubles DD Living’s development portfolio on the Gold Coast to $800 million after the company kicked off construction of its $400 million Royale Gold Coast in Surfers Paradise in August.

There will be 100 apartments planned for the 24-level tower, now on a 2024 sqm site across 264 and 266 Esplanade.

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