The Gold Coast economy has grown by 25 per cent since 2020/21 to surpass $55 billion, but perhaps the more significant story is what sits behind the headline number.

For decades, the Gold Coast has been viewed through the lens of tourism, lifestyle and population growth. The latest State of the City Report suggests that perception is increasingly out of step with reality.

Released by Invest Gold Coast, the report ranks the Gold Coast as Australia's largest non-capital city economy and, perhaps more notably, second nationally behind Sydney for Economic Complexity, a measure that assesses the diversity and sophistication of an economy.

It's a result that places the Gold Coast ahead of Melbourne, Brisbane, Perth and Adelaide, highlighting the extent to which the city's economic base has broadened beyond its traditional industries.

Today, the Gold Coast supports more than 350,000 jobs, is home to over 83,000 businesses and generates $19 billion in annual exports. Manufacturing now accounts for 62 per cent of international export growth, while sectors including health, education, advanced manufacturing, technology and professional services are becoming increasingly important contributors to the local economy.

[smartcode_project:default project_id=150017 project_image_fid=372547]

Gold Coast Mayor Tom Tate said the report confirmed the city's evolution into one of Australia's most significant economies.

"The Gold Coast economy continues to grow at an incredible pace. This is no surprise to those of us who have watched the evolution up close," Mayor Tate said.

"As one of the most entrepreneurial, investment driven and opportunity focused economies in the country our ambition has been realised and possibilities are endless.

"The Gold Coast has built a reputation as the city that says yes. We say yes to investment, yes to opportunity and yes to people who want to build something.

"It's this mindset helping us drive major growth across health, advanced manufacturing, screen production, marine, technology and the knowledge economy."

[smartcode_project:default project_id=149670 project_image_fid=360975]

While population growth has been one of the defining stories of the past decade, the report points to a broader economic transformation taking place.

The city's knowledge economy now contributes $7.9 billion annually and supports around 31,000 jobs, while the health and wellbeing sector contributes $5.2 billion and employs more than 42,000 people. Together, the six priority sectors identified in the report account for almost $24 billion in economic output and more than 145,000 jobs.

One of the strongest examples is the Gold Coast Health and Knowledge Precinct at Southport. The 200-hectare precinct now contains more than $5 billion worth of health, education, research and innovation infrastructure and supports over 16,000 jobs.

The report also highlights the growing role of advanced manufacturing, particularly in aerospace, defence and modular construction.

Gold Coast-based Gilmour Space Technologies recently became the first Australian commercial company to attempt an orbital launch, while companies including Modscape and ModnPods are helping establish the Yatala-Stapylton corridor as one of Australia's fastest-growing advanced manufacturing hubs.

The city's entrepreneurial culture is also translating into business growth.

Since 2019/20, the number of businesses operating on the Gold Coast has increased by 22 per cent, while firms employing more than 200 people have grown by 80 per cent. The report suggests the next challenge is converting more local start-ups and medium-sized businesses into nationally significant companies.

Development activity remains another key indicator of confidence.

There are currently more than $23 billion worth of major projects underway across the Gold Coast, supported by a record 75 active cranes, a figure that now exceeds Brisbane and represents a 150 per cent increase since 2016.

[smartcode_project:default project_id=112024 project_image_fid=343235]

Importantly, the report notes the next phase of investment will need to extend beyond residential development.

While 93 per cent of crane activity is currently tied to housing, Invest Gold Coast argues future investment will increasingly need to focus on cultural, civic, infrastructure and industry-enabling projects that strengthen the city's long-term economic resilience.

Invest Gold Coast Chair Will Hodgman said the city was now benefiting from years of economic diversification.

"What is happening on the Gold Coast is the result of the city's economic base broadening, fuelled by industries with long-term, high-growth potential," Mr Hodgman said.

"This is no longer a secondary Australian economy, the Gold Coast is becoming a globally connected city with deeper capability across health, knowledge and creative industries, advanced manufacturing, technology and exports."

[smartcode_project:default project_id=108274 project_image_fid=365786]

Looking ahead, the Gold Coast's population is projected to exceed one million residents by 2046.

For a city that was once largely defined by tourism and lifestyle, the latest figures suggest the Gold Coast is becoming something more significant, one of Australia's most diverse and economically sophisticated urban economies, and increasingly one that national and international investors can no longer afford to overlook.

Joel Robinson

75 cranes, $23 billion pipeline and a $55 billion economy: Inside the Gold Coast economic boom

Ron Bakir's Homecorp has sold more than 75 per cent of the apartments in its wellness-driven Florence Residences in Surfers Paradise following its first weekend release.

The <a href="https://www.apartments.com.au/new-apartments/florence-residences-24-monte-carlo-avenue-surfers-paradise-qld-4217">26-storey project on Monte Carlo Avenue</a>, which commenced construction earlier this year, has seen a flurry of buyers secure their slice of the Gold Coast's latest wellbeing-focused offering in one of the nation's most competitive property markets.

Since the pandemic, the Gold Coast's population has grown by more than 11 per cent, a rate approximately four times faster than Sydney's, driven largely by lifestyle changes and interstate migration. While buyer activity has moderated in some markets nationally, demand for newly built dwellings on the Gold Coast continues to gain momentum as purchasers increasingly prioritise lifestyle, amenity, wellbeing, liveability and long-term investment potential.

&nbsp;

[smartcode_project:default project_id=150414 project_image_fid=372743]

Homecorp CEO Ron Bakir says buyers today are looking for more than just a home.

"What we are seeing is a shift in how people define value in property," Bakir says.

"What attracts residents to new developments is a desire for more than just a residence. They are looking for a place that complements their lifestyle, supports their wellbeing and reflects the way they want to live into the future.

"Lifestyle, longevity, proactive health, wellbeing, connection and a sense of community are increasingly shaping purchasing decisions, particularly on the Gold Coast, where these factors continue to be a major drawcard."

[smartcode_project:default project_id=150414 project_image_fid=372744]

Bakir says Homecorp is responding to this shift through an approach that places greater emphasis on design, amenity and experience working together to create places that feel considered, connected and enduring in value.

Inspired by Eastern European design, Florence Residences will comprise 120 apartments alongside a private residents-only wellness club featuring a resort-style rooftop pool, hot and cold plunge pools, a spa retreat, contemporary gymnasium, and a spacious yoga and Pilates studio.

The development will also feature a residents-only lounge with private dining facilities and a rooftop bar, premium outdoor entertaining areas, a hotel-style lobby lounge, generous bike parking, and pet-friendly amenities including a heated dog wash.

[smartcode_project:default project_id=150414 project_image_fid=372742]

A limited number of apartments remain available, with an exclusive collection of four-bedroom sub-penthouses set to be released in the coming months.

Florence is one of the latest additions to Homecorp's expanding multi-billion-dollar property portfolio, which also includes plans for a <a href="https://www.apartments.com.au/news/qld/homecorp-lodges-plans-for-260-million-moroccan-bathhouse-inspired-tower-in-budds-beach">$260 million development in Budds Beach</a> tailored to the growing wellness market.

A development application has been lodged for a 27-storey, 156-residence tower at 8–10 Acacia Avenue and 25–27 Oak Avenue, featuring a residents-only Moroccan spa-inspired sanctuary.

Apartments at Florence Residences are priced from $1,249,000, with construction expected to be completed by late 2027.

[smartcode_project_cta:default project_id=150414]

Buyers rush to Homecorp's Florence Residences as Gold Coast wellness trend gains momentum

The NSW Government has expanded its $1 billion Pre-sale Finance Guarantee program, broadening access for affordable housing providers and smaller residential developments as it seeks to accelerate housing delivery across the state.

The Minns Government says the program has already helped bring forward more than 600 homes across Sydney and regional NSW since launching in September 2025, with similar models now adopted in South Australia and Western Australia.

The latest changes, announced by Treasurer Daniel Mookhey and Minister for Planning and Public Spaces Paul Scully, are designed to improve access to finance for projects that have planning approval but are struggling to secure funding.

Among the key changes is an expansion of support for community housing providers. The program will now support up to 100 per cent affordable housing projects valued at up to $30 million when delivered by not-for-profit providers, while support for larger affordable housing developments will increase for projects worth up to $80 million.

The government says the changes will help accelerate the delivery of housing for low-income workers, older people, people living with disability, and those at risk of homelessness, while reducing reliance on direct grants or subsidised loans to bridge funding gaps.

The eligibility criteria for smaller residential developments have also been broadened. The previous $5 million minimum project value threshold has been removed and replaced with a requirement that projects deliver at least four homes.

Support has also increased for projects delivering fewer than 20 homes, with the guarantee now able to cover up to 75 per cent of dwellings in a development, capped at $30 million per project.

The changes are expected to particularly benefit smaller-scale and regional developments, which often face greater challenges meeting pre-sale requirements imposed by lenders.

Treasurer Daniel Mookhey said the scheme demonstrates how government can use its balance sheet to stimulate housing supply without relying solely on taxpayer-funded grants.

"The Pre-sale Finance Guarantee shows how this Government is using its balance sheet to reduce risk and unlock private investment, enabling new homes to move from design to construction faster," Mookhey said.

"This landmark reform allows us to deliver homes for working families at a lower cost to taxpayers, while also maintaining strong financial discipline."

Planning Minister Paul Scully said the program had already proven effective in bringing stalled projects to market.

"The Pre-sale Finance Guarantee has already proven it can unlock stalled projects and accelerate housing delivery by giving lenders the confidence they need to back good developments," Scully said.

"These changes will allow more affordable housing and smaller developments to access support so more homes can be built faster where communities need them most."

Housing Minister Rose Jackson said the expansion would help community housing providers overcome financing barriers that often delay projects.

"We know community housing providers are ready to build more homes, too often they're held back by barriers to finance," Jackson said.

"Expanding the Pre-sale Finance Guarantee helps remove those barriers so more affordable homes can get off the ground sooner."

The announcement was welcomed by the Property Council of Australia, which has long advocated for measures aimed at improving project feasibility and access to finance.

Property Council NSW Executive Director Katie Stevenson described the expansion as a practical intervention that addresses one of the most immediate constraints on housing delivery.

"This is exactly the kind of practical intervention we need right now, focused on getting projects out of the ground, not just approved," Stevenson said.

"It builds on a model the Property Council has worked closely with government to develop following calls for such a scheme ahead of last year's NSW Budget, so it's great to see it being expanded."

Stevenson said the reforms would help unlock projects that are ready to proceed but have been delayed by financing challenges. However, she noted that broader feasibility issues remain a significant barrier to increasing housing supply.

"The biggest challenge in NSW housing today is delivery. Too many projects have planning approval but are simply not financially viable to proceed under current settings," she said.

Speaking at the Property Council's NSW Housing Summit, Housing Minister Rose Jackson acknowledged that feasibility and financing pressures continue to constrain housing delivery, while reaffirming the government's commitment to work with industry on solutions.

Stevenson said the government's recognition of those challenges was encouraging ahead of next week's state budget.

"It's positive to see the government clearly recognising that feasibility pressures are now a binding constraint on supply," she said.

"With the Budget just days away, the focus must be on backing delivery, making sure projects stack up, finance can flow, and more homes can move from approval to construction."

The expanded Pre-sale Finance Guarantee forms part of the NSW Government's broader housing agenda, which also includes planning reforms, the NSW Housing Pattern Book, and a series of rezonings intended to increase housing capacity across the state.

NSW expands Pre-sale Finance Guarantee to unlock more affordable and regional housing

Design-led developer-builder Lowe Living has unveiled its latest residential development, Jardin House, marking its first foray into Melbourne's blue-chip City of Boroondara.

Located a short walk from Camberwell Junction, <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House</a> has been designed to appeal to affluent local downsizers and established families seeking a low-maintenance alternative to the large homes that have long defined Camberwell and surrounding suburbs.

The project will comprise a collection of two and three-bedroom apartments ranging from 92 sqm to 280 sqm, alongside a limited number of penthouse residences featuring rooftop terraces spanning more than 100 sqm, with optional private pools.

&nbsp;

[smartcode_project:default project_id=146717 project_image_fid=372212]

Lowe Living Co-Founder and Managing Director Tim Lowe said Camberwell represented a natural next step for the developer as it expands into some of Melbourne's most tightly held residential markets.

"Jardin House is an important project for our team as it marks the next evolution of our portfolio into different well-established blue-chip pockets of Melbourne," Lowe said.

"Camberwell, with its incredible walkability, family-led neighbourhood feel and superb access to education and transport, makes it a natural choice for us."

[smartcode_project:default project_id=146717 project_image_fid=372227]

Designed by Tristan Wong Architects, with interiors by Hecker Guthrie and landscaping by Acre, the development takes inspiration from the Art Deco architecture that remains a defining feature of many of Camberwell's established streets.

A curved facade, arched openings, textured brickwork and sculpted forms reference the suburb's architectural heritage, while extensive landscaping softens the building's presence and creates a strong connection to the surrounding tree-lined streetscape.

The project will be set behind a secure gated entrance, with residents arriving through landscaped gardens designed to create a transition between the public realm and private residences.

Inside, the residences feature natural stone and timber finishes, full-height glazing, Miele appliances and generous open-plan living areas designed for long-term owner occupation.

[smartcode_project:default project_id=146717 project_image_fid=372225]

While the apartments themselves have been designed to attract discerning owner-occupiers, it is the amenity offering that sets Jardin House apart from many other boutique projects currently launching across Melbourne.

The centrepiece is a 350 sqm private bathhouse curated in partnership with Aurora Spa &amp; Bathhouse founder Lyndall Mitchell.

The wellness precinct includes mineral pools, hydrotherapy experiences, a Himalayan salt room, sauna, steam room, cold plunge pools and dedicated relaxation spaces, creating what Lowe Living describes as a private wellness retreat exclusively for residents.

[smartcode_project:default project_id=146717 project_image_fid=372222]

The collaboration follows Lowe Living's recent partnership with Aurora at Maison Savoy in Brighton, although Jardin House is the first project to incorporate both indoor and outdoor wellness experiences.

Emma Lowe, Co-Founder and Managing Director of Lowe Living, said wellness was becoming an increasingly important consideration for apartment buyers.

"Collaborating with Lyndall Mitchell from Aurora Spa &amp; Bathhouse for a second time is an intentional nod to creating residences that are more than just homes, but a way to enrich the lives of our residents through wellness and longevity," Lowe said.

The amenity offering is complemented by a Technogym fitness studio, residents' lounge, private dining spaces and concierge services.

The launch comes as developers increasingly target Melbourne's established eastern suburbs, where rising land values, ageing housing stock and growing downsizer demand are creating opportunities for boutique apartment projects.

Lowe said the company expects significant generational wealth transfer across suburbs such as Camberwell in coming years, creating further demand for luxury apartment living.

"Camberwell is a blue-chip suburb where homes regularly transact for multiple millions of dollars," he said.

"The generational change of wealth in these locations expected in the coming years is significant, so we see an opportunity to create exclusive residences that appeal to older families and downsizers in order to meet this demand."

Apartments at Jardin house start from $1,195,000. The project forms part of Lowe Living's near-$1 billion portfolio of new developments across Melbourne.

[smartcode_project_cta:default project_id=146717]

Lowe Living launches Jardin House in Camberwell

As <a href="https://www.apartments.com.au/developments/north-sydney-nsw-2060">North Sydney</a> continues its transition from a commercial centre into a more layered residential and lifestyle precinct, a new generation of apartment developments is reshaping expectations around scale, amenity, and long-term liveability.

Improved transport connections through the Victoria Cross Metro, continued investment in dining and public spaces, and a constrained supply of new luxury apartments have sharpened demand for homes that combine proximity to the CBD with the privacy and outlook traditionally associated with harbourside houses.

At 177 Walker Street, <a href="https://www.apartments.com.au/developers/aland">ALAND</a>’s new apartment development <a href="https://www.apartments.com.au/new-apartments/the-walden-north-sydney-177-walker-street-north-sydney-nsw-2060">The Walden</a> enters the market with a distinctly residential approach to high-rise living. The 30-level tower will deliver 161 residences, ranging from one-bedroom apartments through to sub-penthouses and a full-floor penthouse, all oriented to capture uninterrupted views across Sydney Harbour, the Opera House, and out toward the Pacific Ocean.

[smartcode_project:default project_id=134323 project_image_fid=6395]

Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, the project takes advantage of the site’s natural topography and elevated position above the harbour. Rather than relying on density alone, the architecture focuses on outlook, orientation, and spatial flow, with every apartment occupying a corner position to maximise natural light and cross ventilation.

Rothelowman says the site itself shaped much of the architectural response.

“The site has a long history in terms of its inevitable transformation and when we came in, we took inspiration from the idea of reestablishing a sense of the site’s natural terrain and fall. Our scheme aims to integrate with the terrain and the landscape, using the undulating site to slowly reveal glimpses and views of the harbour. The rotation of the tower off grid means every apartment has a view and is naturally cross ventilated. The building's colour palette is quintessentially Sydney, with bronze and sandstone and a luminescent green colour in the glass, making it very earthy and grounded in its location.”

[smartcode_project:default project_id=134323 project_image_fid=6399]

Inside the residences, the emphasis moves toward larger-format living typically associated with standalone homes. Kitchens sit at the centre of the apartments, connecting directly to open-plan dining and living areas before extending outward into expansive winter gardens and balconies. Calacatta marble, bespoke joinery, integrated appliances, and custom metal detailing are used throughout, while three distinct interior palettes, Terrace, Opera, and Harbour, allow buyers to personalise the spaces without compromising the architectural consistency of the project.

The larger residences place particular attention on separation between entertaining and private zones. In many apartments, master suites occupy the outer corners of the floorplates, allowing bedrooms to benefit from floor-to-ceiling glazing and harbour outlooks independent of the living spaces. Dressing rooms and ensuites continue the material palette through fluted detailing, freestanding baths, and layered stone finishes.

Rothelowman says the design intent centred on creating homes that feel enduring rather than transient.

“Our philosophy is all about the way people live in these spaces, and we wanted to create homes that reflect the quality of life in this unique Sydney location. The apartments showcase expansive living spaces that are generous, sophisticated, and bold, with the ability to connect with views throughout each apartment.”

[smartcode_project:default project_id=134323 project_image_fid=353235]

A separate four-storey amenity building known as The Pavilion expands the residential offering beyond the apartments themselves. Positioned alongside the tower, the building consolidates wellness, recreation, and social spaces into a dedicated resident retreat. Facilities include a 20-metre rooftop pool and sundeck, sauna, spa, ice bath, wellness studio, gymnasium, concierge service, wine cellar, residents’ lounge, private dining spaces, and dedicated co-working areas with meeting rooms and boardroom facilities.

The amenity mix reflects the buyer profile emerging in North Sydney, where owner-occupiers and downsizers are increasingly prioritising convenience, apartment scale, and long-term usability over purely investment-driven decisions.

The Walden also represents a significant milestone for ALAND, marking the company’s first major move into Sydney’s inner-city luxury apartment market after more than two decades delivering large-scale residential communities across Greater Sydney. Founder Andrew Hrsto says the Walker Street site stood apart because of both its positioning and its rarity.

[smartcode_project:default project_id=134323 project_image_fid=6390]

“As a company, we had been searching for a site in one of Sydney’s blue-chip locations, spanning the Eastern Suburbs, the Sydney CBD and the North Shore, and when we had the opportunity to purchase this site, we immediately recognised that it could be something iconic.”

At launch, The Walden recorded more than $103 million in sales, with buyers drawn to the project’s harbour positioning, apartment scale, and proximity to the Metro, which now connects North Sydney to Barangaroo in three minutes and Martin Place in five.

ALAND has commenced construction, and is expecting a completion date in 2028.

[smartcode_project_cta:default project_id=134323]

The Walden pairs house-scale living with North Sydney connectivity

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.

<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?

Demand for townhouses in Melbourne’s inner west has surged as buyers seek the elusive combination of space, affordability, and location.&nbsp;

With family-first apartments increasingly rare and standalone homes often out of reach, townhouses have emerged as the new sweet spot, delivering generous living areas with lower maintenance needs within close proximity to the Melbourne CBD.&nbsp;

<a href="https://www.apartments.com.au/new-townhouses/kings-lane-south-kingsville-50-58-new-street-south-kingsville-vic-3015">Kings Lane</a>, the new townhouse development by the family-owned developer&nbsp;<a href="https://www.apartments.com.au/developers/blue-run">Blue Run</a>&nbsp;in South Kingsville, responds directly to this trend. Comprising just 25 residences designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, the project offers a compelling alternative to both apartment downsizers and family upsizers. With three-bedroom homes priced under $1 million, it presents one of the area’s rare attainable pathways to townhouse living less than eight kilometres from the CBD.

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<a href="https://www.apartments.com.au/developments/south-kingsville-vic-3015">South Kingsville</a> itself is quietly becoming one of Melbourne’s most dynamic pockets of urban renewal. Flanked by the established appeal of Yarraville, Newport and Williamstown, the suburb balances quiet, village-like streetscapes with major infrastructure upgrades and a growing slate of retail, dining and lifestyle amenity.&nbsp;

Kings Lane occupies a well-connected site at 50–58 New Street, just off Blackshaws Road and within walking distance of the emerging Union Quarter precinct, a major retail destination anchored by Woolworths, specialty food outlets and wellness services.

A 400-metre stroll brings residents to the Vernon Street shops, a local favourite known for its mix of independent grocers, cafes and family-run eateries. For broader shopping options, Altona Gate Shopping Centre and Yarraville Square are both within a short drive. Spotswood IGA and the Williamstown retail strip further broaden the convenience of daily essentials.

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Dining options in the area lean toward eclectic and community-driven, with standouts like Rocco’s Deli, Dad and Dave’s, and Pizza d’ASPORTO offering a range of casual and elevated menus. Cafés such as Hudson Road Wine &amp; Beer and Blacksheep Coffee add to the lively yet local feel of the neighbourhood.

Green space is another hallmark of life at Kings Lane. Edwards Reserve is close enough for morning walks or casual sport, while larger parks like Newport Lakes, Yarraville Gardens, and Cruickshank Park are all a few minutes’ drive away. More than half of the nine-hectares of new green space or parkland being created as part of the West Gate tunnel works is located just at the end of New Street, the same street as Kings Lane.

For those with school-age children, South Kingsville is home to a range of quality childcare centres and schools, including Kingsville Primary, Spotswood Primary, and Williamstown North Primary. Community Children’s childcare and South Kingsville Preschool are nearby, making the suburb particularly attractive to young families.

Transport links continue to improve, with Spotswood Station and the West Gate Freeway both within a five-minute radius. Future upgrades, including the proposed sky rail for Newport and Spotswood, and the delivery of the West Gate Tunnel project, promise even better access to the CBD and Melbourne Airport in the years to come.

Kings Lane's 25 all-electric townhouses are currently under construction, and will complete in late 2026.

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Kings Lane townhouses offers rare value in Melbourne's thriving inner west

Developer-builder <a href="https://www.apartments.com.au/developers/billbergia">Billbergia</a> has set a new apartment price record for <a href="https://www.apartments.com.au/developments/rhodes-nsw-2138">Rhodes</a>, a suburb the company has been instrumental in transforming over the past two decades.

The milestone follows the delivery of thousands of apartments across the harbourside peninsula, culminating in the $4.5 million sale of a 220 sqm penthouse in the <a href="https://www.apartments.com.au/buildings/rhodes-central-oasis-39-marquet-street-rhodes-nsw-2138">Rhodes Central Oasis</a> building, which Billbergia completed earlier this year. It is the first apartment in Rhodes to surpass not only the $4 million mark for settled sales, but also the $3 million mark, eclipsing the previous $2.75 million record set in 2021.

The purchaser had originally secured several apartments in the 40-storey tower off the plan as investments. During settlement, she spent more time in the Rhodes area and was so impressed with the building that she decided to downsize from her Northbridge home into the four-bedroom plus MPR penthouse.

The sale underscores the long-term work Billbergia has undertaken in Rhodes since the early 2000s. The company, rated 4.5 Gold Stars under the NSW iCIRT system, identifying it as one of the state’s most trustworthy and financially secure developers, was a pioneer of the area’s urban renewal. What was once a heavily industrial waterfront has become one of Sydney’s most successful examples of transit-oriented development.

<img alt="Billbergia" data-entity-type="file" data-entity-uuid="56093d7f-db18-42f4-bf9b-115bdf76f5f3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-11-26%20at%2011.10.06%E2%80%AFAM.png?VersionId=pca77Mr.H83nwXbJexmaLUAqBewtQ7d9" />

Billbergia is now driving the peninsula’s next major evolution: the most ambitious project in its nearly four-decade history. They are planning the Rhodes Bay Masterplan, an eight-tower, mixed-use precinct on Leeds Street. Currently with the NSW Government’s Housing Delivery Authority which is now championing large-scale projects across the state, the Rhodes Bay Masterplan lays the groundwork for a generational reshaping of this important pocket of Sydney’s Inner West.

The masterplan spans more than 31,000 sqm of amalgamated industrial land along the foreshore, land that has been privately held and inaccessible to the community for more than a century. According to Billbergia’s Development Director, Saul Moran, reclaiming this land for public use is central to the company’s vision. 
 
“What’s so exciting is that we have over 300 metres of privately-held industrialised waterfront, land that’s been locked away for more than 100 years, which we’re bringing back to the community,” he says. “It’s taken many years to assemble sites like these, and the goal now is to transform them into meaningful public space where new homes can be built in an integrated, amenity-rich setting.”

At full completion, the Rhodes Bay Masterplan is expected to deliver over 2000 apartments, with the first 1000 to be completed by 2029. Billbergia’s design focused on nine slender towers, so they could give back more to the ground plane. There will be more than 16,000sq m of new parkland and recreation space, including sports fields, a foreshore play area and waterfront green links. Around 14,600 sqm of retail is also proposed, extending the precinct’s role as a true mixed-use hub.

<img alt="Rhodes Bay" data-entity-type="file" data-entity-uuid="240ffc41-4f26-421a-9606-5c56f6fc2d93" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-11-26%20at%2011.05.48%E2%80%AFAM.png?VersionId=BkBxZr7S8CAt1vgNa8AF3zjdc3YuVh0L" />

“Density only works when it’s paired with amenity, transport and open space, and that’s what’s made Rhodes such an amazing success story,” Moran says, adding that the demographic shift Billbergia has seen over the last two decades has informed their future development pipeline in the suburb.

“Rhodes has moved from being largely an investor market to a strong owner-occupier community,” Moran says. “There’s real demand for three-bedroom homes, flexible intergenerational layouts, and apartments people can grow into.”

&nbsp;“We’re designing taller, more slender towers to free up the ground level for sport, recreation and green space. High-density communities thrive when people have the best backyards in Australia, and that’s what we want to create here.”

Demand remains robust, evidenced by Billbergia’s recent results. “We achieved a record sale across the entirety of Rhodes Central just last week,” Moran says. “It shows the depth of confidence buyers have in what’s being built here.”

Billbergia’s vertically integrated model allows them to overcome the recent cost escalation and challenges in the build environment. “Having an in-house construction team lets us control feasibility, value management and quality from day one,” Moran says. “It’s critical in the current market, where construction escalation is at the forefront of every project’s viability.”

The company is also leveraging the NSW Government’s new Housing Delivery Authority process, which Moran describes as a more efficient pathway without compromising design standards. 
 
“We’re really applauding the NSW Government for its efforts to increase housing supply. There’s been a remarkable improvement in how they’re helping deliver more homes, more quickly.”

Billbergia has already commenced construction of Stage One of the Rhodes Bay masterplan. They will be lodging the State Significant Development Application before Christmas.

“We’re moving quickly, but with due care,” Moran says. “This is a generational precinct, and it needs to be done right.”

Billbergia smashes suburb record as Rhodes transformation continues

The sheer scale of the two skyscrapers at <a href="https://www.apartments.com.au/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach-qld-4218">Victoria &amp; Albert</a>, soaring 40 and 64 storeys above the heart of Broadbeach, was always destined to deliver some of the highest and most luxurious apartments ever built in the suburb.

Now, builder-developer <a href="https://www.apartments.com.au/developers/iris-capital">Iris Capital</a> has unveiled the Horizon Collection, a selection of residences with the largest floorplans and most commanding views in the towers. The three-bedroom apartments, starting from $4.64 million, include butler’s pantries, multi-purpose rooms, and, in some layouts, master retreats with private sitting areas.

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The most prestigious apartments in the Horizon Collection are the sub-penthouses and penthouses. The two sub-penthouses on the 38th level of the Albert Tower are priced at $8.85 million.

Each features three bedrooms, a study, and a flexible multi-purpose room with a sliding partition that allows half the space to function as a games room.

The open-plan kitchen, living, and dining area, complete with a butler’s kitchen and private wine cellar, flows onto a full-width balcony framing panoramic coastal views.

[smartcode_project:default project_id=107928 project_image_fid=3943]

There is now just one sub-penthouse for sale on the 62nd level of the Victoria Tower, with one already secured by an expat owner-occupier. The remaining sub-penthouse, priced at $8.95 million, offers four bedrooms and a wraparound balcony that captures panoramic views up and down the Coast. vistas from every angle.

Crowning each tower is a full-floor penthouse offering multiple expansive indoor and outdoor living and entertaining spaces. Atop the Victoria building is Oceania, which measures over 735 sqm of living space, and Kurrara atop the Albert Tower, which is almost 800 sqm. They each have four bedrooms, including a master and guest suites, a full 360-degree panorama of the Gold Coast, and all the bells and whistles expected of a luxury penthouse. They are priced from a little over $18 million.

“Every detail, every finish has been thoughtfully considered to imbue the penthouses with the ultimate sense of luxury,” says Susan Rossi, Director of Interior Design at <a href="https://www.apartments.com.au/architects/dbi">DBI</a>, who led both the architecture and interiors for V&amp;A. “We shaped these skyhomes to embody the spirit of Gold Coast luxury.”

[smartcode_project:default project_id=107928 project_image_fid=234091]

Victoria &amp; Albert, colloquially known as V&amp;A, is the flagship Gold Coast development by the Sydney-based Iris Capital. Led by developer and hotelier Sam Arnaout, Iris Capital acquired the landmark Niecon Plaza site in 2021. At the time, Arnaout described the company’s expansion into Queensland as a strategic move to capitalise on one of Australia’s strongest growth markets.

“We were initially looking to expand into Victoria, but the massive migration to the regions that followed the pandemic created a new dynamic across the Australian market,” Arnaout said.

“From a strategic point of view, Queensland — and the Gold Coast in particular — is the perfect fit for our business. The fundamentals here are strong: genuine employment growth, high net migration, and an undersupply of apartments driven by strong demand. The Gold Coast has matured into a thriving, progressive regional city with a fantastic future.”

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Across its two towers, V&amp;A will deliver 425 luxury apartments, supported by a suite of resort-style resident amenities. These include a subtropical podium featuring a 25-metre lap pool, gym, yoga deck, residents’ lounge, kids’ play area, zen garden, and barbecue terraces with outdoor dining spaces.

<a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a> Queensland Director David Higgins, who has managed sales at V&amp;A since its 2021 launch, says the project has set a new benchmark for Broadbeach’s luxury apartment market. Colliers Queensland Director David Higgins, who has managed sales at V&amp;A since its 2021 launch, says the project has set a new benchmark for Broadbeach’s luxury apartment market.

“The premium market has definitely spoken, with V&amp;A having now reached over half a billion dollars in presales since our launch,” Higgins says, adding that over 65 per cent of V&amp;A is now sold.

“Our buyers continue to validate the success of the Victoria &amp; Albert development vision and the luxury amenity that comes along with their apartment purchase. Of course, Broadbeach’s most walkable location, just 100m from the Broadbeach surfing beach, makes this luxury apartment a compelling addition to your real estate portfolio.”

Last year, Iris Capital brought construction in-house through its new arm, Iris Built. Completion of the 40-level Albert Tower is scheduled for late 2027, with the 64-level Victoria Tower, the taller of the two, expected to follow in mid-2028.

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Victoria & Albert’s Horizon Collection takes Broadbeach living to new heights

From next year, residents of <a href="https://www.apartments.com.au/new-apartments/chevron-one-36-44-stanhill-drive-chevron-island-qld-4217">Chevron One</a> will enjoy a level of luxury and exclusivity unmatched anywhere on Chevron Island, living in the tallest building that is, and likely ever will be, built on the island.&nbsp;

Tier 1 construction firm <a href="https://www.apartments.com.au/builders/icon">ICON</a> is fast approaching completion of the 41-level, 127-metre skyscraper, a height unrivalled on the island and now difficult to reproduce given the increased costs of both labour and materials in recent years.

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<a href="https://www.apartments.com.au/developers/bensons-property-group">Bensons</a> enlisted international architecture firm <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a> to bring something new to the Gold Coast. “We started by looking at the nature and local context of the Gold Coast and knew immediately we wanted to create a sculptured object that maximised the well-positioned site and spectacular water views,” says Frank Ehrenberg, Principal at Marchese Partners.&nbsp;

“The result is equally inspired by the ripples of the ocean, sand, and dunes. This was further developed through material finishes reflecting the timeless shades of luxurious white and the warmth of sand.”

[smartcode_project:default project_id=6515 project_image_fid=167320]

For the interiors of the 229 apartments, Ehrenberg says the focus was on creating an all-year-round lifestyle for residents. “We worked hard to ensure residents could move into the sunshine in winter and enjoy breezes in summer through oversized balconies. These spaces bring residents closer not only to the views, but also to the surrounding sights and sounds, creating a more immediate sense of being in this special address.”

This sensitivity to both location and lifestyle infuses every element of Chevron One, from the curve of its façade to the feel of timber underfoot. The interiors, anchored by kitchens curated by acclaimed chef Shannon Bennett, offer a balance of natural light and luxury finishes.

The tower’s height, positioning on the eastern side of the island, and floor-to-ceiling windows ensure most residences enjoy uninterrupted views of the Gold Coast skyline, the Nerang River, and the hinterland.

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Bensons knew that with a tower of this magnitude, the amenity offering had to match, and they’ve delivered with Club One, nearly 2,000 sqm of private resident facilities comprising private dining spaces, a curated wellness precinct with indoor and outdoor pools, and a gym surrounded by landscaped gardens for yoga.

A 24-hour concierge, more akin to a five-star hotel, will service the luxury lobby, which will feature a range of artworks from local and international artists, a staple in Benson’s new developments given Chairman Elias Jreissati’s long-standing support of the arts.

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Over the years, several premium apartments have achieved big-ticket sales, none more notable than the $9 million sale of a four-bedroom residence in the Daylight Sky Homes collection, sold to a Sydney family for $25,000 per square metre, a record for the Gold Coast at the time.

Chevron One sits just minutes from the Thomas Drive bridge, connecting residents to Surfers Paradise in under five minutes. Thomas Drive remains the beating heart of <a href="https://www.apartments.com.au/developments/chevron-island-qld-4217">Chevron Island</a>, lined with cafés and boutiques, while a new pedestrian bridge links directly to HOTA’s cultural precinct, complete with a rooftop bar, fine dining restaurant, and waterfront parklands that perfectly capture the island’s laid-back lifestyle.

Bensons is selling the final apartments in Chevron One, which is estimated to complete in early 2026.

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Reaching new heights on Chevron Island

It’s been nearly two decades since Barry Morris’ then-burgeoning Canberra-based property development company, <a href="https://www.apartments.com.au/developers/morris-property-group">Morris Property Group</a>, expanded into the Gold Coast apartment market, and there are no signs of them slowing down. Morris has developed a particular penchant for Broadbeach, having completed eight projects in the sought-after suburb since Verve on Old Burleigh Road in 2006.

Their most recent completion was around 12 months ago, when Morris’ in-house construction arm finished Malo Broadbeach, 16 half-floor apartments on Jubilee Avenue, neighbouring their earlier projects, Qube and Synergy.

One of their latest releases, <a href="https://www.apartments.com.au/new-apartments/maison-broadbeach-22-chelsea-avenue-broadbeach-qld-4218">Maison Broadbeach</a>, continues the developer’s focus on boutique, low-density living. Maison will comprise just 21 full-floor apartments on Chelsea Avenue, one of Broadbeach’s most in-demand streets given its position across from Broadbeach Park. Each three-bedroom residence spans more than 180 sqm and features open-plan living and dining areas that extend to private balconies with parkland and coastal views.

[smartcode_project:default project_id=113008 project_image_fid=318654]

Buyers can choose between two interior schemes, Lumière, a light coastal palette, or Noir, a richer, moodier aesthetic, both designed in collaboration with Poppy Designs. Premium finishes include Siemens and Bosch appliances, Vintec wine fridges, Villeroy &amp; Boch fittings, and herringbone flooring throughout the main living areas.

Residents will also have access to a suite of rooftop amenities on level 24, including a pool and deck, gym and sauna, residents’ lounge, and barbecue pavilion, all designed to take full advantage of elevated views over Broadbeach and the Surfers Paradise skyline.

[smartcode_project:default project_id=113008 project_image_fid=352171]

Morris has a proven track record of delivering both boutique and large-scale developments, reflected in their other major Broadbeach project currently under construction, Crest Broadbeach. One of the most popular Gold Coast apartment developments on Apartments.com.au since its launch, Crest will bring around 340 apartments to Armrick Avenue.

Much like Maison, <a href="https://www.apartments.com.au/new-apartments/crest-broadbeach-13-armrick-avenue-broadbeach-qld-4218">Crest</a> has drawn strong demand due to its prime location. The development is ideally positioned on the highly sought-after Armrick Avenue, a tightly held street that has seen surprisingly little apartment development despite Broadbeach’s ongoing boom. No developer has successfully delivered a high-rise on the street, until now.

[smartcode_project:default project_id=112024 project_image_fid=343117]

Armrick Avenue offers two key advantages for both investors and owner-occupiers: its proximity to Broadbeach Park, one of the suburb’s most beloved green spaces, and its adjacency to local icons such as the Broadbeach Bowls Club, a community fixture since the 1950s, and the Broadbeach Surf Life Saving Club. Crest residents will enjoy protected, uninterrupted southern views thanks to the park’s government-owned land, which will never be built upon.

Beyond its location and natural outlook, Crest will offer residents an extensive range of on-site amenities, including a fully equipped gym, resort-style pool, and barbecue and alfresco entertaining areas. Around 80 per cent of the apartments in the first tower have already sold, prompting the recent release of the second tower.

[smartcode_project:default project_id=112024 project_image_fid=343237]

Morris is delivering both towers simultaneously, with construction well underway, the tower crane is now installed on-site, and excavation is nearing completion on the fifth basement level. Both towers are scheduled for completion by mid-2027.

[smartcode_project_cta:default project_id=113008]

[smartcode_project_cta:default project_id=112024]

Morris Property continues to reshape Broadbeach skyline

<a href="https://www.apartments.com.au/developers/northland">Northland Group</a> has marked a significant construction milestone at Central Quarter, officially topping out the 22-storey structure in the heart of Merrylands.

For the Sydney-based developer–builder, the moment represents more than structural progress, it signals the emergence of a new mixed-use residential, retail, and commercial precinct at one of Western Sydney’s most connected transport gateways.

Executive Director at Business Western Sydney, Mr David Borger attended and spoke at the ceremony, commending the team's desire to positively contribute to the suburb’s next chapter. “This is the perfect example of good quality housing,” Borger said, praising the development’s promise and highlighting its community benefit.

[smartcode_project:default project_id=5660 project_image_fid=1674]

CEO of Resilience Insurance, Corey Nugent, said that Central Quarter is one of only a handful of developments in&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://www.apartments.com.au/developments/sydney-nsw&amp;source=gmail&amp;ust=1764118068771000&amp;usg=AOvVaw1umQGjZtW7fyDkwFKpekYZ" href="https://www.apartments.com.au/developments/sydney-nsw" id="m_3439471637559591274OWA6ec3f35d-5631-3998-289e-eeff041be45c" rel="noopener noreferrer" target="_blank" title="https://www.apartments.com.au/developments/sydney-nsw">Sydney</a>’s west, and the only one in&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://www.apartments.com.au/developments/merrylands-nsw-2160&amp;source=gmail&amp;ust=1764118068771000&amp;usg=AOvVaw04LK-WNjWmozinqnnaGled" href="https://www.apartments.com.au/developments/merrylands-nsw-2160" id="m_3439471637559591274OWA3ee924c8-5fa4-930f-ba76-784fa010f835" rel="noopener noreferrer" target="_blank" title="https://www.apartments.com.au/developments/merrylands-nsw-2160">Merrylands</a>, to offer the sought-after 10-year Latent Defects Insurance policy, which covers significant structural and waterproofing defects.

A requirement of the policy is that a Technical Inspection Service (TIS) regularly attends the site during construction to ensure the building is being delivered to code. SDSS, which operates the TIS, says Central Quarter has consistently ranked within the top one per cent of more than 100 projects they monitor for build quality, a strong endorsement at this stage of delivery.

[smartcode_project:default project_id=5660 project_image_fid=1605]

Developed and constructed entirely by Northland Group, Central Quarter is on track for completion in early-to-mid 2026 and will deliver 194 one, two, and three-bedroom apartments atop a mixed-use retail and commercial podium.&nbsp;

The developer launched the project only after construction was well underway, a move intended to give buyers greater clarity and confidence around timelines and delivery.

[smartcode_project:default project_id=5660 project_image_fid=1616]

Inside, apartments feature engineered timber flooring, plush carpeting, zoned air conditioning, and Smeg appliances with Villeroy &amp; Boch tapware, alongside full-height bathroom tiling and stone benchtops.&nbsp;

Open-plan living areas connect to tiled balconies, maximising natural light and supporting indoor–outdoor living, key considerations for owner-occupiers and investors alike.

Central Quarter’s location remains one of its strongest drawcards. Positioned directly beside Merrylands Station and bus interchange, and across the road from Stockland Merrylands, residents will have frequent public transport, nearly 200 retailers, and diverse dining options at their doorstep.&nbsp;

[smartcode_project:default project_id=5660 project_image_fid=343732]

The podium levels of Central Quarter will also introduce a 24/7 gym, childcare centre, and additional retail amenity at ground level, further activating the precinct.

As construction moves into its final stages, the topping out of Central Quarter marks a clear signal of progress for both the developer and Merrylands’ evolving urban landscape.&nbsp;With structural works now complete, internal fit-outs and façade detailing will take centre stage as the project moves toward its 2026 completion.

[smartcode_project_cta:default project_id=5660]

Northland Group top outs Central Quarter, marking a major step in Merrylands’ regeneration

<a href="https://www.apartments.com.au/developers/gibson-property-corporation">Gibson Property Corporation</a> (GPC) and McMillan Property Group (MPG) are advancing plans to deliver a large-scale mixed-use development in Mill Park, with a fresh planning application now lodged for land at 18 Bush Boulevard.

Occupying a vacant 1.378-hectare parcel within the Plenty Valley Activity Centre, the proposal outlines a new residential and commercial precinct comprising 254 apartments across two eight-storey buildings, alongside a six-storey standalone car park. The plan aims to build upon an earlier approval for a slightly smaller scheme, introducing greater density and a more robust offering of affordable housing options.

Designed by <a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>, the proposal is configured across three buildings that respond to the site’s irregular shape and prominent corner exposure to Bush Boulevard, Oleander Drive, and Wealthiland Drive. “Each building presents its own unique presentation and identity to the public realm,” according to the Town Planning Assessment by Planning &amp; Property Partners.

The residential offering includes a mix of 110 one-bedroom, 125 two-bedroom, and 19 three-bedroom apartments, split between the two main buildings. A range of commercial uses is proposed across the ground floors, totalling over 5,000 sqm and encompassing shops, restricted retail, food and drink premises, and a medical centre. Each use is designed to activate the street level and contribute to the walkability of the emerging precinct.

A dedicated six-storey car parking building, Building C, will house 443 car spaces, a split of 273 resident bays and 153 publicly accessible spaces. 324 bike spaces and associated end-of-trip facilities also exceed planning requirements.

<img alt="18 Bush Blvd" data-entity-type="file" data-entity-uuid="c723bac9-6d85-4a1f-b4c9-907fd39bd315" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bush%20render_0.png?VersionId=jXTmwMs7spFJQn86KX8vvkxNojb6HUNG" />

According to the assessment report, the design "seeks to engage with its abuttal to the public realm with an active commercial presentation at ground floor level,” with prominent use of glazing and warm, textured materials to add visual depth. Rooftop green spaces and communal areas are proposed for each building, enhancing amenity for residents and softening the urban form.

The project site sits within Sub-precinct 4B of the Plenty Valley Town Centre Structure Plan, designated the “Live and Work Precinct,” an area envisioned for integrated residential and commercial development with strong public transport links. The site is within walking distance of Westfield Plenty Valley and is already served by multiple bus routes and nearby rail access at South Morang Station.

The development builds upon an earlier approval which allowed for two buildings of up to seven storeys containing 175 dwellings, and a car park. The uplift in density is largely driven by the project’s affordable housing component, with 10 per cent of dwellings earmarked as affordable, a key eligibility criterion for streamlined assessment under Clause 53.23 of the Whittlesea Planning Scheme.

“The proposal responds to the State’s identified housing crisis and provides an opportunity to deliver affordable housing within the Plenty Valley Activity Centre," the planning report added.

First look: GPC and MPG team up for 254 new homes in Mill Park

Online shopping has surged since the onset of COVID, and delivery services are continuing to invest heavily in new solutions to keep up with the growing demand. Australia Post, which delivered over 2.3 billion items nationwide during the 2023–2024 financial year, is continuing to evolve its services in the delivery space to accommodate the increase in online shopping.

One of the most recent developments is the expansion of its popular Parcel Locker system, which was first introduced in 2011 when it trialled 24 different sites. The network expanded significantly in 2012, with hundreds of 24-hour parcel lockers deployed across 250 locations nationwide. By 2024, the Parcel Locker network has grown to 773 sites and more than 59,000 individual compartments.

The next phase of the Parcel Locker expansion focuses on getting them into new apartment developments across the country, bringing the service as close to consumers’ front doors as possible. With online shopping continuing to surge, integrating these lockers into new apartment buildings provides substantial benefits for both residents and developers.

The delivery of 2.3 billion items demonstrates strong demand for online shopping given Australia was grappling with a cost of living crisis which saw mortgage rates reach 10-year highs. The peak Christmas season saw nearly 103 million parcels delivered across Australia alone. In 2024, Australians spent a record $69 billion online, marking a 12 per cent year-on-year increase.

Generational spending patterns in 2024 revealed significant, and sometimes surprising, shifts. Millennials (27–43 years) led eCommerce spending with nearly $25 billion, accounting for 36 per cent of total online spend. Baby Boomers (60–78 years) embraced eCommerce more than ever before, spending 17.6 per cent more online in 2024 than in 2023. Given that the majority of new developments nationwide are currently geared toward downsizers, primarily Baby Boomers, there is a strong opportunity to enhance the value of a new project by strategically incorporating a Parcel Locker within the building. Gen X (ages 44–59) saw only a one per cent increase in online spending, while Gen Z (18–26-year-olds) spent 11 per cent less than the year prior.

Australia Post Parcel Lockers are automated, secure units that allow individuals to collect, send, or return parcels at their convenience. Parcel Lockers provide a contactless solution for parcel delivery and retrieval. When a parcel is delivered to a Parcel Locker, the recipient is notified via the Australia Post app or SMS and can access their designated locker using a one-time PIN. These lockers can accommodate parcels up to 16 kg and 35 x 44 x 61 cm in size, ensuring convenience and security.

Parcel Lockers can be installed across a number of locations within apartment buildings. The lobby or mail room are the most ideal spots for both developers and residents as they are central, have high foot traffic, and are easily accessible. For buildings without mail rooms or smaller lobbies, placing the lockers in basement-level parking areas may be an option. Alternatively, lockers could be installed outside the building, making them accessible not only to residents but also to the wider public.

For residents who have Parcel Lockers installed within their apartment complex, the main benefits include convenient 24/7 parcel access and eliminating the need to be home during delivery hours. Parcel Lockers also offer the most secure way of delivering and storing parcels, reducing the risk of theft. In addition to parcel collection, these lockers can also facilitate returns, with Australia Post handling both deliveries and returns.

For developers, integrating Parcel Lockers brings a tech-forward solution, in a world where new apartment buyers expect the latest in technology. With Australia Post covering installation and maintenance, Parcel Lockers bring a unique value proposition to a building with little cost.

Australia Post Head of Product &amp; Head of Out of Home Rushika Kumar says what the company has in common with a new apartment developer is that they too want to focus on the end user, which is ultimately the resident/buyer. “Our goals are aligned with those of residential developers — we both want to create spaces that are livable, future-ready, and resident-focused. Parcel Lockers are a simple yet powerful way to elevate the experience of apartment living. We want to enhance the everyday lives of Australians,” Rushika added. “By integrating Parcel Lockers into new apartment buildings, we’re not just delivering parcels, we’re delivering convenience, security, and peace of mind right to people’s homes.”

Rushika says recent surveys with AusPost users point to a desire to use Parcel Lockers more frequently. “One in four Gen Zs and Millennials say they’ll use Out of Home (OOH Collection) points, like parcel lockers, more often in 2025, should they be well located and within close proximity,” Rushika says. “One in three Gen Zs always have their parcels delivered to a collection point, while six in 10 millennials choose a collection point when they know they won’t be home. There’s a preference towards Parcel Lockers, and we are investing significantly in bringing them to every Australian. Whether you’re a busy millennial, a downsizing baby boomer, or someone who simply values flexibility, Parcel Lockers offer a secure and accessible solution that meets people where they are, literally at their doorstep.”

Australia Post to bring Parcel Lockers into new apartment buildings as eCommerce growth booms

The Minns Labor Government and Ku-ring-gai Council are together unlocking more than 24,000 new homes with the finalisation of the alternative Transport Oriented Development scheme.

The finalisation of the scheme brings all 13 councils on board with the Transport Oriented Development program.

The scheme replaces the original Transport Oriented Development planning controls for precincts at Gordon, Killara, Lindfield and Roseville, and provides for an additional 3,300 homes. It also prioritises new open space and infrastructure, while protecting the area’s heritage.

The scheme allows for taller, mixed-use buildings in existing centres and seeks to protect high-value heritage conservation areas and buildings.

Key features of the new scheme include:

<ul>
	<li>Focusing new housing in Gordon and Lindfield, allowing for more high-density mixed-use development, with buildings in the centres ranging from 6-24 storeys (and up to 28 storeys on a key site at Gordon).</li>
	<li>A more moderate housing uplift in Killara and Roseville, with buildings up to 8 storeys in these areas so they transition smoothly between high-density and low-density and heritage areas.</li>
	<li>Boosting affordable housing, with up to 10% of dwellings required for affordable housing on key sites, depending on site feasibility.</li>
	<li>Rezoning some residential areas within 800 metres of train stations for apartment buildings.</li>
	<li>Transitioning building heights near low-density areas to reduce the impact of new development on neighbouring properties.</li>
	<li>Testing of the alternative scheme indicates it will provide capacity for approximately 24,728 homes, compared with 21,430 homes possible under the previous TOD controls.</li>
</ul>

More than 290 written submissions were received by Council following public exhibition of the alternative scheme in April 2025. Council considered the submissions in finalising the alternative scheme submitted to the Department of Planning, Housing and Infrastructure in June.

Importantly, all development applications lodged or State significant development applications with valid Secretary’s Environmental Assessment Requirements will not be impacted and will continue to be assessed under the TOD SEPP controls.

To make sure the scheme delivers the best outcome for Ku-ring-Gau the NSW Government made a few changes to Council’s plan including:

<ul>
	<li>Increasing height and floor space controls for key sites in Gordon and Lindfield to allow for well-designed taller buildings.</li>
	<li>Changes to heights to improve transitions to surrounding heritage items and heritage conservation areas.</li>
	<li>Amendment of some affordable housing contribution rates to deliver affordable housing on council-owned land.</li>
</ul>

The new planning controls are set out in the Council’s Local Environmental Plan and enable the alternative scheme to take effect. For more information on the Transport Oriented Development program, visit NSW Planning.

“This is a great outcome which will deliver more homes close to transport, jobs and services while also protecting heritage, and responding directly to what the people of Ku-ring-gai said they value most,"&nbsp;Minister for Planning and Public Spaces Paul Scully said.

“Importantly the new scheme is set to deliver an additional 3,330 and even more affordable homes. The Minns Labor Government introduced Transport Oriented Development to increase the supply of well-located homes in areas with existing infrastructure and this scheme does exactly that.”

3,300 extra homes unlocked in Ku-Ring-Gai

<a href="https://www.apartments.com.au/developers/walker-corporation">Walker Corporation</a>’s flagship residential project in Maroochydore isn’t just bringing new apartments to market, it’s embedding a layered amenity into the foundation of a growing city centre.&nbsp;

Currently under construction, <a href="https://www.apartments.com.au/new-apartments/sol-by-walker-maroochydore-first-avenue-maroochydore-qld-4558">SOL by Walker</a> will introduce 248 residences and a two-tiered amenity offering designed to support year-round coastal living across leisure, wellness, and social use.

"SOL by Walker establishes a new standard in apartment quality, seamlessly integrating superior craftsmanship with unmatched comfort," says David Gallant, Chief Executive Officer &amp; Managing Director of Walker Corporation.

[smartcode_project:default project_id=147777 project_image_fid=3393]

The bulk of the facilities are concentrated in a dedicated Level 4 precinct known as The Sanctuary. A 20-metre pool forms the centrepiece of a wellness spine that includes a cold plunge, spa, steam room and sauna.&nbsp;The inclusion of multiple hydrotherapy options is notable, rather than a single-function pool deck, residents are offered a full spectrum of recovery-focused facilities within a single vertical footprint.

A gym with floor-to-ceiling glazing opens directly onto an adjacent outdoor yoga lawn, illustrating the project’s integration of indoor fitness with landscaped open space.&nbsp;

[smartcode_project:default project_id=147777 project_image_fid=3397]

Alongside this, barbecue zones and communal long tables serve a practical social function, complemented by a dedicated vegetable garden for resident use. These aren’t standalone inclusions, they form part of a broader layout that encourages informal gathering across structured and unstructured environments.

At the southern edge of the podium, the Sunset Gardens introduce another typology entirely: an open-air green space designed for low-intensity use. Landscaped mounds, firepits, and shaded seating are arranged to capture afternoon light, while providing spatial separation from the more active areas to the north. It’s a deliberate modulation of pace that’s rare in large-scale residential developments, where amenity zones are often over-programmed.

Further elevation, both literal and figurative, comes via the rooftop Sky Terrace. Here, a second pool, co-working lounge, function room and library are paired with expansive views across the Maroochy River and hinterland. The mix of uses reflects changing resident expectations, with spaces supporting remote work, private events, and casual downtime all within a single rooftop setting.

[smartcode_project:default project_id=147777 project_image_fid=319847]

Retail and dining offerings at street level extend the building’s amenity profile to the broader precinct. The ground floor will host specialty outlets and cafes, while EV charging stations and bike storage serve both residents and public users. This permeability between private and public domains mirrors the project’s role in the <a href="https://www.apartments.com.au/developments/maroochydore-qld-4558">Maroochydore</a> City Centre more broadly: not just a housing solution, but a component of civic infrastructure.

As the city prepares for major population and economic growth ahead of the 2032 Games, SOL’s amenity model provides a case study in multi-level, precinct-integrated residential planning. It’s not trying to replicate suburban home features, it’s responding to density with diversity, and backing it with spatial intent.

[smartcode_project_cta:default project_id=147777]

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