<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> and <a href="https://www.apartments.com.au/developers/perifa">PERIFA</a> have celebrated the topping out of <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf,</a> marking a significant milestone in the delivery of one of Syd​ney's most anticipated waterfront communities.

Located on Sydney's harbourfront at <a href="https://www.apartments.com.au/developments/putney-nsw-2112">Putney</a>, the project has now reached its highest structural point, with construction progressing strongly towards completion in 2027. 
&nbsp; 
The milestone was celebrated on-site with project partners Phoenix Property Investors, Mitsubishi Estate Asia, Versatile Construction, <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, consultants and stakeholders, to recognise the collective effort behind the transformation of the historic waterfront site into a vibrant new residential, marina and lifestyle destination.

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&nbsp; 
<a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> will deliver a mix of waterfront residences and terraces, complemented by a private 36-berth marina, waterfront dining opportunities and a revitalised foreshore designed to reconnect the community with the river's edge. 
&nbsp; 
Abadeen Executive Chairman and Founder Justin Brown said the project represented a rare opportunity to create the next chapter in Sydn​ey's long history of successful waterfront precincts. 
&nbsp; 
"Throughout Sydney, some of the city's most sought-after addresses have emerged from carefully considered waterfront precincts such as Woolloom​ooloo Wharf, Walsh Bay and Breakfast Point," Brown said.

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&nbsp; 
"What makes these places so successful is that they become much more than residential developments," Brown said.

"They bring together homes, hospitality, marina facilities, public spaces and a strong sense of community in locations where future supply is incredibly limited."

Brown has long described absolute waterfront land in Sy​dney as "finite."

"Once these opportunities are developed, they are rarely replicated. That's why Syd​ney's waterfront precincts have consistently demonstrated strong demand and long-term value growth over many decades. 
&nbsp; 
"<a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> is one of the few remaining opportunities to secure a residence within a masterplanned waterfront community that combines direct water access, marina ownership opportunities and a genuine village lifestyle just moments from the Sy​dney CBD."

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&nbsp; 
PERIFA Founder and Managing Director Fabrizio Perilli said the project reflected a shared commitment to delivering exceptional places that create long-term value for residents and the broader community. 
&nbsp; 
"The topping out milestone is a significant achievement for the Versatile Group and a testament to the collaboration between all project partners, consultants and contractors involved," Perilli said. 
&nbsp; 
"Beyond the residences themselves, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> will establish a new waterfront destination that celebrates the history, character and lifestyle of this unique location while creating a lasting legacy for future generations."

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&nbsp; 
Construction is being delivered by <a href="https://www.apartments.com.au/builders/versatile">Versatile Construction</a>, with structural works now substantially complete across the precinct. Attention will progressively shift to the construction of the waterview terraces, apartment façades, services and interior fit-out works over the coming months. 
&nbsp; 
With limited residences and marina berths remaining, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> continues to attract strong interest from owner occupiers and downsizers seeking a premium waterfront lifestyle within close proximity to Putne​y Village, Rh​odes, Top Ry​de and the Syd​ney CBD. 
&nbsp; 
As one of the last opportunities to secure a residence within a new masterplanned waterfront community on Sy​dney Harbour, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> is expected to remain a highly sought-after address for years to come.

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Joel Robinson

Abadeen, PERIFA, top out Putney Wharf harbourfront precinct

Kew has long been regarded as one of Melbourne's premier residential suburbs. It's a location defined by its grand period homes, leafy streets and some of the city's most prestigious schools, yet it has often sat just outside the spotlight cast on neighbouring Hawthorn and Camberwell.

Increasingly, however, buyers are recognising that Kew offers much of what draws people to those suburbs, with a quieter residential setting, exceptional amenity and long-term owner-occupier appeal.

Within a few minutes' walk, residents can access Kew Junction, one of Melbourne's most established village centres. Cafés, bakeries, restaurants, supermarkets, boutique retailers and everyday services are all on the doorstep, with local favourites including Centonove, Adeney Milk Bar Cafe, and Frank &amp; Harri creating the type of walkable lifestyle that has become increasingly difficult to find in Melbourne's inner east. Beyond the immediate neighbourhood, Glenferrie Road's renowned shopping and dining precinct in Hawthorn and the retail, dining and entertainment offerings of Camberwell Junction are both just a short drive or tram ride away.

The suburb is equally well connected. Tram routes 48 and 109 provide direct access to the CBD, while High Street and Cotham Road connect residents to the wider inner east.&nbsp;Nearby access to the Eastern Freeway also places the Yarra Valley, Mornington Peninsula and Melbourne Airport within easy reach, adding another layer of convenience for weekend travel.&nbsp;It's a rare combination of connectivity and tranquillity, where quiet residential streets sit just moments from some of Melbourne's most established shopping and lifestyle precincts.

For families, Kew remains one of Melbourne's most tightly held addresses. Carey Baptist Grammar School, Xavier College, Methodist Ladies' College, Trinity Grammar, Ruyton Girls' School and Genazzano FCJ College are all nearby, while the Yarra River parklands, walking trails and sporting clubs provide another layer of lifestyle appeal.

It's within this established pocket that developer Ricdanic is delivering <a href="https://www.apartments.com.au/new-apartments/wimba-ave-kew-9-11-wimba-avenue-kew-vic-3101">Wimba Ave</a>, a boutique collection of just 13 residences across two buildings named after its location on the tree-lined Wimba Avenue,&nbsp;within one of Kew's most prestigious pockets where homes have been known to sell up to and above $8 million.

[smartcode_project:default project_id=140755 project_image_fid=354809]

The residences prioritise the space that buyers are increasingly searching for but struggling to find in established suburbs. Living areas extend beyond five metres in width, ceiling heights range from three to five metres, and apartments open onto private gardens averaging around 125 sqm. Selected residences also feature balconies of approximately 60 sqm, while premium inclusions include Miele appliances, double-glazed windows, EV readiness, fully electric systems and a 7.2 NatHERS energy rating.

Architect Chris Idle says opportunities to deliver homes of this scale within established suburbs have become increasingly uncommon.

"There are very few opportunities to do these kinds of developments in leafy, established suburbs," he says. "To get this level of amenity, natural light, and architectural freedom in such a setting is extremely rare."

[smartcode_project:default project_id=140755 project_image_fid=366267]

The architecture draws on Kew's established character through the use of handmade Krause bricks, while landscaping by John Patrick introduces 23 plant species, including nine native varieties, creating an environment which focuses just as much on nature as it does the building.

Construction on Wimba Ave is well underway by renowned high-end builder Sinjen, with completion expected in late 2027. Prices start from $2.22 million.

[smartcode_project_cta:default project_id=140755]

The enduring appeal of Kew's tree-lined streets and village lifestyle

"For me, it's the location." That was the first thing Chris pointed to when reflecting on why he and his wife Marita decided to purchase at Candela Ivanhoe, the under-construction new apartment development by Salter Brothers in the heart of the north-eastern M​elb​ourne​ suburb. ​

"We've lived here before… everything is here," Chris said.

"Our doctor is around the corner, there's dentists, pilates, everything we need, restaurants, fast food places, two train stations, Ivanhoe and Darebin, both in walking distance. You don't need anything else."

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Just 10 kilometres from Melbo​urn​e's CBD, Ivanhoe combines direct city connectivity with the amenity of an established village community. Residents have access to highly regarded schools, expansive parklands, public transport, and a thriving retail and hospitality precinct centred around Upper Heidelberg Road, all within a neighbourhood that has retained its leafy character despite its proximity to the city.

<a href="https://www.apartments.com.au/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe-vic-3079">Candela Ivanhoe</a> sits within the heart of this established landscape, positioned just moments from Ivanhoe Village and within walking distance of many of the suburb's most sought-after amenities.

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From Candela, residents can access cafés, grocers, wine bars, restaurants and essential services on foot, while Ivanhoe Station and Darebin Station provide direct connectivity across Mel​bour​ne. The development is also surrounded by some of the suburb's best-known lifestyle destinations, including Pinkie, Laurent, Enni, Docasa and Woodfire Pizza e Cucina, alongside Ivanhoe Plaza, Woolworths, pharmacies and specialty retailers.

Green space is another defining feature of the suburb. Darebin Parklands, Ivanhoe Park, Nellie Ibbot Park and the Yarra River trail network provide extensive opportunities for recreation, while Ivanhoe Golf Course and Ivanhoe Tennis Club continue to underpin the area's long-established lifestyle appeal.

The suburb's education offering further strengthens demand. Ivanhoe Grammar School, Ivanhoe Girls' Grammar School, Mary Immaculate Primary School and Ivanhoe Primary School have helped establish the area as one of Melbou​​rne's most sought-after schooling precincts, attracting families and downsizers alike who want to remain connected to the area.

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While location was the priority for Marita and Chris, the project itself also needed to meet their expectations.

"Whilst location was paramount, I was also looking at design of the environment and Candela ticked every box," Marita said.

"We're just thrilled with our choice."

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Developed by <a href="https://www.apartments.com.au/developers/salter-brothers">Salter Brothers</a>, Candela Ivanhoe has been designed to complement its village setting, with an emphasis on generous floorplans, natural light and practical everyday living.

Residents will have access to a range of shared amenities, including a communal rooftop garden and dedicated residential lounge, complemented by a ground-floor café and lifestyle wellbeing centre, helping foster the sense of community already emerging among future owners.

That approach has resonated strongly with the market. More than 90 per cent of purchasers at Candela Ivanhoe are owner-occupiers, with buyers ranging from downsizers and second-home buyers to young families and first home buyers, creating a genuinely multi-generational community of grandparents, parents and children. It reflects a broader shift across Melbo​​urne's apartment market, where buyers are increasingly prioritising neighbourhood quality, lifestyle amenity and long-term liveability.

Currently under construction by Ironside, Candela Ivanhoe comprises 58 apartments. Candela Ivanhoe is scheduled for completion in the coming months, and residents can move in from September. One to four bedroom residences, prices from $649,000 and limited opportunities remaining.

[smartcode_project_cta:default project_id=342]

Location and lifestyle drive demand at Candela Ivanhoe

As apartment buyers increasingly look beyond the four walls of their residence, the quality and depth of shared amenity has become a defining factor in how developments are designed and experienced, particularly in the high-rise, new apartment development space.

In Southbank, where high-density living continues to evolve, developers are placing greater emphasis on creating environments that support wellbeing, connection, and convenience as part of everyday life.

That approach sits at the heart of <a href="https://www.apartments.com.au/new-apartments/aura-at-melbourne-square-7-hoff-boulevard-southbank-vic-3006">AURA</a>, the latest residential tower in <a href="https://www.apartments.com.au/developers/osk-property">OSK Property</a>’s $3.5 billion Melbourne Square precinct. Rising 67 storeys above Hoff Boulevard, the 673-apartment development has been conceived around what OSK describes as a “vertical wellness ecosystem”, a layered collection of amenities that extends throughout the building rather than being confined to a single podium level.

[smartcode_project:default project_id=151921 project_image_fid=370263]

The amenity offering begins on the seventh level within the AURA Club, a dedicated resident hub focused on health, relaxation, and daily convenience. Here, residents will have access to an indoor swimming pool, cold plunge, spa, sauna, and steam room, alongside a fully equipped gym, reformer Pilates studio, and yoga room.

The wellness facilities are complemented by a range of spaces that acknowledge the changing ways people live and work. Work-from-home lounges and co-working areas sit alongside a library, music room, games room, cinema facilities, and open-air terrace spaces, providing residents with flexible environments that can adapt throughout the day.

[smartcode_project:default project_id=151921 project_image_fid=367468]

Beyond the internal amenity, AURA introduces a series of Japanese-inspired gardens that form a quieter counterpoint to the tower’s social spaces.

Landscaped retreats feature curated outdoor dining, tranquil courtyard seating, fire pit, and a tea house pavilion. Rather than functioning as simple recreational areas, the gardens have been designed as places for reflection and informal gathering, drawing on principles of balance, nature, and calm that underpin the project's broader design philosophy.

[smartcode_project:default project_id=151921 project_image_fid=367810]

The social amenity continues to evolve as residents move higher through the building. Levels 49 and 50 house the Meridian Club, where a lounge bar, conservatory spaces, and private dining rooms take advantage of elevated city views. At the summit of the tower, the exclusive Cumulus Club spans Levels 66 and 67, offering additional lounges, private dining, and meditation and treatment rooms positioned above Melbourne’s skyline.

For OSK Property, the extensive amenity offering reflects a broader focus on wellbeing as a core component of apartment living rather than an added feature.

“Aura stands tall as an exemplar of holistic wellness – its focus on social, physical and mental health culminate in a building that is calming, restorative and relaxing, where residents will have their own sanctuary within the well-connected and sought-after Southbank,” says OSK Property CEO Chong Boon Woon.

[smartcode_project:default project_id=151921 project_image_fid=367796]

AURA’s amenity strategy extends beyond the tower itself through its integration with the wider Melbourne Square precinct.

Residents will have direct access to Kennedy Park, Southbank’s 3,745 sqm landscaped public park, alongside a full-line Woolworths supermarket, childcare centre, hospitality venues, and approximately 1,600 sqm of additional retail planned within AURA’s lower levels. Together, these elements create a highly connected residential environment where daily needs, recreation, and wellness are woven into the fabric of the community.

[smartcode_project:default project_id=151921 project_image_fid=370253]

As Melbourne’s apartment market continues to mature, developments are increasingly judged by the lifestyle they provide beyond individual residences.

Through its combination of wellness facilities, landscaped retreats, social clubs, and precinct-wide amenity, AURA represents a shift toward a more comprehensive model of vertical living, one where shared spaces play as significant a role as the homes themselves.

[smartcode_project_cta:default project_id=151921]

AURA elevates amenity living at Melbourne Square

Builder-developer Scion is the latest to target Sydney's booming Hills Showground Metro precinct, filing plans for more than 100 apartments within walking distance of the station.

Scion has lodged a concurrent rezoning and State Significant Development Application for <a href="https://www.apartments.com.au/new-apartments/27-33-middleton-avenue-castle-hill-nsw-2154">27–33 Middleton Avenue</a>, where it plans to replace four existing homes with an 11 and 14-storey mixed-use development comprising 109 apartments, six affordable housing dwellings, and a ground-floor café.

Designed by BHK Architects, the proposal includes three levels of basement parking with 174 spaces, more than 1,200 sqm of communal open space, and extensive landscaping across the 3,791 sqm site.

The development has been designed as two buildings connected by a recessed wintergarden spine, with the 14-storey building positioned to the south and the 11-storey building to the north.

<img alt="Scion" data-entity-type="file" data-entity-uuid="64dc359d-736b-43b8-87a8-70a8285cab47" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-25%20at%208.47.01%E2%80%AFPM.png?VersionId=PXh.m8id_aevBPHEckPf88wQ2RQThPos" />

The apartment mix has been weighted towards owner-occupiers, with 13 one-bedroom apartments, 55 two-bedroom residences, 31 three-bedroom apartments, six three-bedroom lofts, and four four-bedroom homes. Six apartments will be dedicated as affordable housing in line with the NSW Housing SEPP.

According to the Architectural Design Report by BKH, the proposal seeks to create "a place-responsive architecture" inspired by the natural landscape surrounding Cattai Creek, while strengthening the public domain through landscaping, active frontages and a neighbourhood café.

Atlas Urban, in its Urban Design Report, says the proposal takes a different approach to increasing density around Hills Showground Station by favouring a more slender, vertically articulated built form over a conventional mid-rise outcome. The report argues this allows for greater deep soil planting, improved solar access and a better public domain outcome, while still delivering additional housing close to rapid public transport.

The site sits around 500 metres from Hills Showground Metro Station, within a precinct earmarked for significant residential intensification following the opening of the Sydney Metro Northwest line. Planning documents accompanying the application note that Greater Sydney's population has grown by more than one million people since planning for the precinct first began, reinforcing the need to accelerate housing delivery around existing transport infrastructure.

Scion is expanding its development pipeline which also includes <a href="https://www.apartments.com.au/new-apartments/chatham-west-ryde-2-6-chatham-road-west-ryde-nsw-2114">Chatham in West Ryde</a>, 62 apartments which are approaching completion. They also have a State Significant Development Application with the NSW Government's Housing Delivery Authority for <a href="https://www.apartments.com.au/new-apartments/96-anzac-avenue-west-ryde-nsw-2114">145 apartments on Anzac Avenue</a>, also in West Ryde.

First look: Scion plots Castle Hill apartment development near Hills Showground Metro Station

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?

The Victoria-based developer Property Solutions Australia has lodged plans for their second apartment project in the Gold Coast's Southport area.

PSA, led by developer Fabio Rossi, is seeking to create an eight-level building with 36 apartments at 77 Pohlman Street, near the Nerang and Queen Street intersection and bordering Southport's Priority Development Area.

Each apartment will have between 85 sqm and 105 sqm internally, with further balconies and roof terraces.

<img alt="A tower" data-entity-type="file" data-entity-uuid="ff25b6e9-793e-4cd6-bba2-3d48e18ce157" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-20%20at%209.15.05%20am.png?VersionId=3hqUIJzwhqZubJ9DT_qkw9J2OMURJUGD" />

A mid-1970's home will make way for the&nbsp;BDA Architecture-designed building, which will feature a&nbsp;ground level gym with yoga space and an indoor outdoor area meeting a barbecue space. There will be ocean and Broadwater views on offer from the upper levels.

BDA designed PSA's previous Southport development, The Mill 137, which was just 27 apartments.

On the new project, BDA noted in their design submission to council that the&nbsp;project offered the opportunity to design an innovative architectural building and provide a higher residential density development bordering Southport’s ‘Priority Development Area’.

It's around the corner from the Queen Street light rail line and is within walking distance to the Nerang Street Light Rail Station, Queen&nbsp;Street Village and to the Southport Health Precinct.

"This project looks to offer quality residential apartment living in a central location and at an affordable price point," BDA noted, adding that the apartments are functional and liveable and can cater for families, focusing on maximising natural ventilation and light.

<img alt="The top of an apartment building" data-entity-type="file" data-entity-uuid="f5af1856-91c9-41e1-ac63-2d9e41211ccb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-20%20at%209.14.38%20am.png?VersionId=qz_Ugh8WfKfkM4y1y6ZT7jJZE1sTfnxG" />

All apartments are provided with functional balconies that can be used as an outdoor living room.

The podium is a landscaped and gently curved base, while the building form is a contrast of expressed horizontal slab edges and strong blade walls.

"Both the tower and its podium base have been considered as 3-dimensional forms in the urban context of the city," BDA state.

"The simple podium base with its horizontal lines and openness allows for cascading landscaping to spill over the podium edge.

"The ‘rectangular’ plan form of the tower is aligned with the site boundaries, reflecting the site’s shape and respecting the existing spatial geometry of the urban context."

PSA Group was established in 2009 by Rossi, who has over two decades of experience in property development. PSA has developed a number of projects across Victoria and Queensland, including Wembley Gardens in Melbourne's Donvale and Eleven93 in Highett.

They have a number of projects in the pipeline across both Queensland and Victoria.

BDA designed PSA's previous Southport development, The Mill 137, which was just 27 apartments.

PSA lodge plans for Southport apartment development

For years Gold Coast locals have been drawn to Kirra, a small pocket within the wider Coolangatta suburb. Its beautiful beach, quiet, laid-back lifestyle, and also being recognised as Australia’s spiritual home of surfing, makes it now one of the most popular spots across the whole of the Gold Coast.

But it was only the pandemic that highlighted all of the above to the rest of the country, and even a few locals, with Kirra one of the most in demand areas across the country, as the Gold Coast enjoyed a property boom like no other region. Sydneysiders and Melburnians descended on the area, seeking a change in lifestyle that only somewhere like Kirra can bring.

Anyone with a board knows Kirra Beach. It is part of the Gold Coast World Surf Reserve, one of only eight in the world. Kirra Point, separating Kirra Beach to the West and Coolangatta Beach to the East, is one of the Gold Coast’s and the world’s premiere surf breaks.

[smartcode_project:default project_id=112210 project_image_fid=198836]

It’s not just surfers who are taking advantage of what Kirra has to offer, albeit every new apartment development must have surf racks and a beach shower.

Families young and old have shown significant interest in Kirra, due to the beach being one of four (Coolongatta, Greenmount and Rainbow Bay), all within easy walking distance. Kirra’s rare north-facing beach, only really comparable with the likes of Byron Bay and Noosa, provides beautiful turquoise water, protected from the elements.

Azura Griffen, who heads up sales for the prominent local Gold Coast developer Marquee Development Partners, said that despite being a lifelong Gold Coast local, she had only recently discovered how special Kirra is.&nbsp;

“It’s truly the hidden gem of the coast,” Griffen suggested.

[smartcode_project:default project_id=112210 project_image_fid=198838]

“Sitting at the southern end of the Gold Coast, nestled within Coolangatta, and just a stone's throw away from northern NSW, Kirra has a vibrant, relaxed village atmosphere filled with beachfront cafes, restaurants and parks.”

The village vibe will be heightened with the $385 million redevelopment of the Kirra Beach Hotel retail &amp;amp; entertainment precinct, which is currently being undertaken by the same team behind the popular, award-winning hotel and spa Elements of Byron.

The access to the airport compared to some of the more headline grabbing area of Main Beach and Broadbeach has proven to be another drawcard for those looking for weekenders and future retirement homes, with the proximity to the M1 also presenting direct access to Brisbane, Surfers Paradise, Byron Bay and the Gold Coast airport.

Lack of high-end stock is expected in the incredibly tightly held area, with construction costs soaring to record highs and land values also hitting records. The area is so tightly held, Marquee Developments, who recently sold-out SOL Kirra to their database, spent years working on creating a development site which they knew would bring one of the best apartment projects to Kirra.

[smartcode_project:default project_id=112210 project_image_fid=198835]

Monterey, set at the quiet northern end of Musgrave Street, is just a stroll down the popular strip to the cafes and restaurants, and the brand- new beachfront Siblings Restaurant and Bar. To the north is the upcoming Native Stage Fitness and Wellness Centre, which is set to open in 2023, as well as the North Kirra Surf Lifesaving Club.&nbsp;

What’s most special about Monterey is what is directly in front of it. Marquee put together 12 individual apartment owners to create a site with the largest expanse of beach frontage on the southern Gold Coast. The site is half the size of a footy field.

Each apartment in Monterey, a maximum of just three per floor, will have views both along the coastline towards Surfers Paradise or over the Pacific Ocean to Snapper Rocks. Traditionally developments along the Gold Coast beachfront offer one or the other, nowhere else do you enjoy both the iconic skyline and Snapper views.

[smartcode_project:default project_id=112210 project_image_fid=198837]

Surf racks and surfboard wash station on entry, Monterey offers just 35 three, four and five-bedroom apartments and penthouses, designed with the open plan kitchen living and dining space, as well as the master bedroom suite, to open up to the postcard views.&nbsp;

Marquee knew they would get extensive enquiry from Sydney and Melbourne, which has also been met with prospective buyers from the US and New Zealand, so they have strict agreements with owners that the apartments are not available for short-term letting, a move in which they believe will make for a more community-focused building of likeminded residents.

[smartcode_project_cta:default project_id=112210]

It’s not just surfers who are taking advantage of what Kirra has to offer, albeit every new apartment development must have surf racks and a beach shower

Noosa, Byron and now Kirra… Why Kirra is becoming the most sought-after beachfront destination on the east- coast

The Foundry is Coronation Property's fourth and final addition to the award-winning Paper Mill Precinct located in Liverpool, southwest of Sydney. The Foundry offers buyers affordable riverfront luxury living, plus construction is complete and apartments are now ready to move into.

Take a look at our recent display suite tour where we explore a one-bedroom apartment and the stunning on-site amenities.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/eld6epMxa3s" title="YouTube video player" width="660"></iframe>

<h2 style="line-height: 1.38; text-align: justify;">THE FOUNDRY AT A GLANCE</h2>

Address:&nbsp;32-34 Shepherd Street, Liverpool 
Developer:&nbsp;<a aria-label="www.urban.com.au" data-uw-rm-brl="false" data-uw-rm-empty-ctrl="" href="/developers/coronation-property">Coronation Property</a> 
Architect:&nbsp;<a data-uw-rm-brl="false" href="/architects/sjb-architects">SJB Architects</a>

[smartcode_project_cta:default project_id=5847]

The Foundry was built and developed by Coronation Property, a privately owned and operated Sydney developer, that has a sound track record for delivering high-spec homes, optimising space, natural light, views, and an abundance of amenities while keeping costs competitive.&nbsp;

At The Foundry, you'll be able to move in straight away and access the exceptional amenities the Paper Mill Precinct has to offer – including the riverwalk along Georges River which is set to open at the end of the year.&nbsp;

On-site, you'll be welcomed home to the grand open-void garden atrium and can keep fit at the state-of-the-art techno-gym. There's also a 1,200 square metre rooftop garden boasting 360 views all the way to Sydney CBDs skyline, and an infinity pool overlooking the picturesque river below.

[smartcode_project:default project_id=5847 project_image_fid=34774]

Architecturally designed by the internationally acclaimed architects at SJB, each apartment features a considered material palette and a well-thought-out layout. With a choice of a light or dark colour scheme, each apartment also offers double-sized bedrooms with spacious built-in wardrobes and storage, internal laundry and an entertainer's balcony. In the kitchen, you've got quality DeLonghi appliances and an extra generous island breakfast bar.

The homes have been designed with plenty of operable windows to create an abundance of natural light, capture the surrounding views and create excellent airflow throughout the apartments.

[smartcode_project:default project_id=5847 project_image_fid=200498]

In addition to the apartment's thoughtful design, a bonus media room has been included and comes with the flexibility to be turned into a home office, playroom, media room or nursery.&nbsp;

When you take into account the apartment's functionality, luxury fixtures and inclusions, plus the secure underground parking and resort-style amenities, these standout apartments' price point is definitely competitive for the area.

Living at The Paper Mill Precinct means you have what has been voted one of Sydney’s best dining precincts, The Paper Mill Food, on your doorstep. The food and beverage venue is located within the precinct and boasts four unique eateries.

With Sydney CBD only 29kms away, and Paramatta a stone's throw away, this convenient and central location leaves you close to everything.&nbsp;

[smartcode_project:default project_id=5847 project_image_fid=200459]

This is the final release of homes on the market at Coronation Property’s multi-award-winning The Paper Mill Precinct. Don't delay; enquire about The Foundry via Urban today.

Olivia Round

Display Tour Video: The Foundry by Coronation Property at 32-34 Shepherd Street, Liverpool

Sekisui House Australia has recently launched their latest collection of residences in their West End project, West Village.&nbsp;

The Allere Collection features two connected vertical communities, Uno and Duo, delivering a mix of one, two, three, four and five-bedroom residences.

[smartcode_project:default project_id=114215 project_image_fid=205524]

Local West End-based architecture firm, Rothelowman, designed the apartments in the 20-storey towers, with both towers set to be constructed simultaneously.

Fronting Mollison Street, Uno will comprise 94 residences upon completion, along with two levels of commercial space.&nbsp;

Filling in the upper levels of the tower is a collection of luxury penthouses and a sub-penthouse, with the latter boasting a home-sized floor plan featuring four-bedrooms and three-bathrooms, across 222 sqm of space.&nbsp;

<img alt="Image: four-bed sub-penthouse floorplan" data-entity-type="file" data-entity-uuid="1ea7d1c3-3ecd-4e64-98df-3deaacb9c25e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-15%20at%205.09.35%20pm.png?VersionId=uGoRqdXOjmS.jtGD0ETHHNxZTV7RQqlT" />

Priced at $3,686,499*, the sub-penthouse is targeting the downsizer market, or those looking to live somewhere well connected, with the West Village precinct achieving a 99/100 walk score rating.&nbsp;

Allowing connections to occur through meaningful spatial experiences, each of the residences has been designed to respond to the ever-changing needs of its occupants, with a character inspired by the urban fabric of West End.&nbsp;

Designed with a distinctive sculptured tectonic wall, Uno is emblazoned with subtropical greenery that projects outwardly through the generously-sized verandas to the north and south, along with integrated landscaping along the upper level terraces.

Crowning Uno will be a pool, enclosed dining space, seating areas, a vegetable garden, conservatory, as well as ‘Paw Pavilion’, which provides an off leash dog space within the building.&nbsp;

[smartcode_project:default project_id=114215 project_image_fid=205525]

The towers are set within a living heritage village that pays homage to the Peters Ice Cream and Cone Factories, built in 1920, located just 800 metres from the Brisbane CBD. 
&nbsp; 
A full-line Woolworths supermarket takes up shop in the community, along with Harris Farm Markets, Goodlife Health Clubs, a chemist, medical centre and more than 25 food and lifestyle providores.&nbsp; 
&nbsp; 
*Price correct at time of publication.

[smartcode_project_cta:default project_id=114215]

Priced at $3,686,499*, the sub-penthouse is targeting the downsizer market, or those looking to live somewhere well connected, with the West Village precinct achieving a 99/100 walk score rating. 

Inside the Allere Collection: A look into the Uno sub-penthouse

Perth locals, Stirling Capital, have long had a desire to produce sustainable and environmentally conscious projects.

The group, led by Managing Director, Luke Reinecke, incorporates designs with embedded networks that use smart metres, renewable energy sources such as solar panels, and measures to optimise energy savings for residents of every project.

[smartcode_project:default project_id=108682 project_image_fid=200530]

“Sustainability is integral to every brief we provide to our architects – from water and energy efficiency to materials selection and other initiatives, we consider sustainability throughout every stage of every project to ensure optimum environmental performance from the ground up.”

Stirling’s Jolimont project, Florin, follows suit with the group’s sustainable ambitions, with the Parkside residences achieving a 5 Star Green Star rating.

Launched by Green Building Council of Australia (GBCA) in 2003, Green Star is Australia’s largest voluntary and truly holistic sustainability rating system for buildings, fit-outs and communities.

[smartcode_project:default project_id=108682 project_image_fid=200529]

Green Star aims to reduce the impact of climate change by promoting developments and communities that support a more sustainable way of life, with all projects displaying a Green Star Certification Trademark passing through an independent assessment process.

With a 5 Star Green Star rating, Florin represents Australian Excellence in sustainability, with features such as ceiling fans, energy-efficient lighting and appliances, a highly efficient heat pump water system, and 40kW solar helping the project reach the mark.

All common areas are also serviced by 100 per cent renewable energy, while extensive landscaping ensures the living spaces are directly connected to nature, blending seamlessly with the neighbouring park.

These benefits also help to keep living costs down for residents.

[smartcode_project:default project_id=108682 project_image_fid=200535]

The $37 million project will deliver 63 residences to the Jolimont area, with the family-sized apartments offering sweeping views to the neighbouring park and CBD skyline.

One, two three and four-bedroom apartments are still remaining in the project, with completion slated for the back-end of 2023.

[smartcode_project_cta:default project_id=108682]

Stirling’s Jolimont project, Florin, follows suit with the group’s sustainable ambitions, with the Parkside residences achieving a 5 Star Green Star rating.

How Florin Parkside takes on a sustainable design 

Differentiating itself from the larger projects on the market in the area, the Riva Ridge-developed Soul Hampton offers just eight apartments across the site.

The group engaged locals, Finnis Architecture and Interiors to design the building, with the apartments incorporating natural stone and veneer timber panelling, packed with fine finishes and Gaggenau appliances

[smartcode_project:default project_id=93042 project_image_fid=197035]

With a focus on maximising space, the project delivers a mix of two and three-bedroom apartments, ranging from 120 sqm to 181 sqm.&nbsp;

With a majority of the residences already sold, Noorden Sales Agent, David Lamond highlighted the limited opportunity in the sought-after project, with just two residences remaining.&nbsp;

“The two-bedroom apartment is possibly the largest two-bed option available in Hampton, which just adds to the project, with its already amazing location,” Lamond said.&nbsp;

[smartcode_project:default project_id=93042 project_image_fid=197392]

Starting from $1,595,000, the 143 sqm two-bedroom apartment finds its home on level one of Soul, appointed with a large and luxurious floorplan.&nbsp;

A ground floor apartment is also up for grabs, spanning 231 sqm, with a price tag of $1,925,000.&nbsp;

The three-bedroom offering benefits from an expansive landscaped courtyard, with the south-facing area also including an alfresco dining space.&nbsp;

[smartcode_project:default project_id=93042 project_image_fid=193034]

With two-bathrooms and two car spaces, both of the apartments also come with a storage room in the basement.&nbsp;

[smartcode_project_cta:default project_id=93042]

With a focus on maximising space, the project delivers a mix of two and three-bedroom apartments, ranging from 120 sqm to 181 sqm. 

A look into the remaining apartments at Soul Hampton

Boutique property developer Kervale has smashed the Brighton price record for an apartment, selling a four-bedroom penthouse off-the-plan within its ESSENCE project for $10.2 million, equating to a whopping $22,000 sqm rate.&nbsp;

The sale breaks the current sqm rate for the suburb, which was achieved in August last year for a five-bedroom house at $19,000 sqm.&nbsp;

[smartcode_project:default project_id=112893 project_image_fid=204989]

It is also the highest price ever achieved for an apartment, smashing the $8.2 million record achieved in 2019 for a three-bedroom apartment.&nbsp;

The sale is made even more impressive with ESSENCE having only launched to market in April.&nbsp;

ESSENCE comprises two buildings with 11 residences in each, with the state-of-the-art residences designed with discerning owners inmind.&nbsp;

Kervale Sales Director Michael Ryan said the record-breaking sale is evidence that the luxury apartment market is still thriving.&nbsp;

[smartcode_project:default project_id=112893 project_image_fid=204995]

“The four-bedroom penthouse is the jewel in the crown, it has all the elements often reserved for an expansive house and truly is the epitome of luxury living in Brighton,” he said.&nbsp;

The local buyer comes from Hawthorn and while not downsizing, was attracted to the luxurious design of ESSENCE, which includes a private rooftop and swimming pool, complete with city and bay views.&nbsp;

Designed by the renowned Bruce Henderson Architecture and Interiors, ESSENCE offers design and amenities that would be difficult to rival in Brighton, says Ryan.

Located beneath the ground floor of the complex are a secluded and sophisticated set of amenities to replenish and recharge the senses and to bring something extra to apartment living, including a wine cellar, residents lounge area, private dining room, kitchenette, billiards table, and private gym and yoga studio.&nbsp;

[smartcode_project:default project_id=112893 project_image_fid=204990]

“The local buyer had been searching for a long time to find an expansive home with city views that was really special and the ESSENCE penthouse offered just that - four bedrooms, two studies, an eight-car garage, a spiral staircase to a private rooftop complete with a pool and all the amenities reserved exclusively for residents, all while providing a lock up and leave lifestyle,” he added.&nbsp;

ESSENCE homes are spread across two distinct wings of the building, offering the ultimate quiet, intimate refuge.&nbsp;

The central courtyard creates a street presence that aligns with the natural rhythm of Black Street via purposeful architecture.&nbsp;

18 of the homes are composed of two or three-bedrooms, two-bathrooms and two car parks, while the remaining two penthouses boast three-bedrooms, three-bathrooms and three car parks.&nbsp;

[smartcode_project:default project_id=112893 project_image_fid=204993]

Managing Director and Corporate Director of Bruce Henderson Architects, Graham Morrison, said the amenities on offer are reminiscent of a 6-star hotel.&nbsp;

“The idea behind the design was to be able to provide people with large homes to be able to downsize but still have the facilities they’re used to. In some cases they haven’t experienced this level of comfort before,” said Morrison.&nbsp;

In the parking area, amenities such as the electric vehicle charging points, pet grooming facilities, bicycle storage, golf club lockers, and a car washing station make ESSENCE living unparalleled in terms of convenience.&nbsp;

“Lifestyles need to incorporate more than just a living space; they need areas, landscapes and buildings which are interesting and liveable. Large open living spaces provide exclusive, thoughtful design outcomes with lots of important detailing,” he said.&nbsp;

[smartcode_project:default project_id=112893 project_image_fid=204991]

Internally, the interiors are inspired by the external facade, designed to embrace open space.&nbsp;

Each room encapsulates sophistication via a clean, neutral palette within, while adding modern, exciting touches with natural stone, quality joinery, tapware, lighting and appliances such as VZUG and Liebeherr.&nbsp;

It is currently under construction and is scheduled for completion in early 2023. Remaining apartments are priced from $1.495 million and $3.5 million for penthouses.

[smartcode_project_cta:default project_id=112893]

It is also the highest price ever achieved for an apartment, smashing the $8.2 million record achieved in 2019 for a three-bedroom apartment. 

Kervale’s ESSENCE Brighton Project Smashes Price Record at $10.2 million

A crop of new residents will soon be calling Footscray home.

The Keystone Property Group project, Ovation, recently topped out, with Platinum Construction behind the build of the inner-city apartments.

[smartcode_project:default project_id=5490 project_image_fid=78497]

Located just 5.6 kilometres from the Melbourne CBD, Footscray is one of those rare suburbs that, while possessing a strong village-like atmosphere, enjoys the same connectivity to that of a city fringe locale.

Designed by architects, Kavellaris Urban Design (KUD), Ovation delivers 131 residences to the heart of the suburb, with a mix of two and three-bedroom apartments.&nbsp;

Ovation’s façade speaks to the domain’s industrial past, featuring red brick, concrete and steel, while the interiors have been designed to evoke a homely atmosphere and a sense of familiarity for its residents.&nbsp;

[smartcode_project:default project_id=5490 project_image_fid=78494]

Textured timber joinery teams with oak floors, imbuing living spaces with a neutral warmth - a blank canvas of sorts, to suit every buyer’s style.&nbsp;

Kitchen benchtops are appointed with a modern concrete finish for style and durability, next to plentiful integrated storage.&nbsp;

The interiors of Ovation are also very much defined by what exists outside of the apartments, with full height windows inviting in ample sunlight along with views to the city skyline and surrounding streetscapes.

Bringing a layer of greenery to the development, John Patrick Landscape Architects designed the verdancy to integrate tactfully into recesses on the façade, juxtaposing the building’s built form with lush, natural beauty.

[smartcode_project:default project_id=5490 project_image_fid=78492]

Two and three-bedders can still be snapped up in the development, with prices starting from $572,500.

[smartcode_project_cta:default project_id=5490]

Located just 5.6 kilometres from the Melbourne CBD, Footscray is one of those rare suburbs that, while possessing a strong village-like atmosphere, enjoys the same connectivity to that of a city fringe locale.

Construction wraps on Footscray apartments, Ovation

There’s nothing quite like looking down from the top floors of a building to the surrounding vistas.

Despite a slowing market, it’s still been a landmark year for Sydney penthouse sales.&nbsp;

A collection of penthouses has recently been released in AURA by Aqualand, with four sub-penthouses already sold.&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=202986]

The most recent was purchased by a downsizer from Northbridge, who snapped up the four-bedroom residence for $7.25 million.&nbsp;

The owner plans to downsize from a larger family home and was attracted to the convenience and amenity of North Sydney, along with the area’s unique new CBD masterplan, along with some key trends which universally appeal to penthouse purchasers.

The interiors at Aura have been designed by Kirsten Stanisich of Richards Stansich, with the designer highlighting the top six penthouse features and trends that continue to tick the box for capital growth prospects.&nbsp;

“Glorious views are first on the list. In Sydney, that means harbour, bridge, or Opera House views and choosing a penthouse with any of these is paramount to maintain value over time,” Stanisich said.&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=202994]&nbsp;

Location is always vital, says CBRE’s Ben Stewart.

“Penthouses close to the CBD and within walking distance to lifestyle amenities like great cafés, bars, fine dining, and parks are high on the list for penthouse buyers right now,” he said.

While a property’s location is vital for retaining value for any purchase, buying a penthouse is as much about prestige.&nbsp;

Iconic architecture that stands out against the city skyline combined with timeless interiors created by sought-after architects and designers will win out over less salubrious developments when it comes to steady capital growth prospects.&nbsp;

“Overall, our clients are looking for beautiful high-quality interiors, an elegant materials palette and a sense of permanence,” explained Stanisich.&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=202655]

The layout and planning of penthouse spaces are also essential, says Stanisich.&nbsp;

“Living and sleeping areas should be separately zoned, and there should always be a sense of arrival at the entry as a transition from the building’s common areas to the privacy and intimacy of the penthouse.”

“We carefully consider connections between living, dining and kitchen areas and include amenities like a back kitchen or scullery to minimise cooking smells and visual sight lines of daily clutter,” she said.&nbsp;

Generous shower sizes, huge guest powder rooms, high-quality appliances using the latest technologies, with steam ovens and warming drawers, generous pantries and a separate bar or wine cellar with temperature-controlled wine storage are high on Stanisich’s design list.

“Penthouses with private pools are right on trend at the moment also. High-net-worth buyers want expansive spaces to entertain outdoors, so large, luxuriously appointed terraces and private rooftop gardens will appeal in any market,” she said.&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=203001]

Many architects specify penthouse finishes one would typically find in a stand-alone family home, like statement fireplaces and sculptural island benches.&nbsp;

These add to the sense you’ve arrived somewhere truly extraordinary, says Stanisich.

“Often downsizers moving from larger homes are looking for the ease of apartment living without compromising on size,” she said.&nbsp;

Bedrooms and bathrooms should create a feeling of welcome retreat from the work-a-day world outside.&nbsp;

“Main bedrooms should be generous and open to views and abundant natural light. Robes and ensuites should feel spacious and well connected, while each bathroom feature should create individual moments for restfulness, thought or relaxation. I think using natural materials is also important for their beauty and ultimate longevity.”

[smartcode_project:default project_id=30959 project_image_fid=202989]

Ample parking is another must, says Stanisich.&nbsp;

“It may sound pedestrian, but a great lifestyle location often means parking is at a premium.”

"A penthouse must have multiple, spacious, secure and convenient parking for multiple cars, and if it includes a private lift from the carpark to the penthouse, all the better.”

There’s no denying that penthouse apartments are a different kind of real estate. And those lucky to have the resources to buy penthouses have a very different mindset from other property buyers.&nbsp;

At the lofty end of the market, buyers seek the ultimate expression of lifestyle, luxury and prestige rather than simply a place to live or purely a return on investment.

[smartcode_project_cta:default project_id=30959]

A collection of penthouses has recently been released in AURA by Aqualand, with four sub-penthouses already sold. 

What penthouse buyers are looking for in today’s market; a look into AURA by Aqualand’s penthouse collection 

Low-rise apartments continue their descent on the popular Albatross Avenue, with Mermaid Beach maintaining its place as a hotspot for developers.&nbsp;

The new plans come from Burleigh Heads-based developers, Highlife Homes, headed by James George, who founded the company, steadily progressing from renovating new homes, to luxury homes and duplexes and then to townhouse developments.

<img alt="Render of the 68 Albatross Ave project" data-entity-type="file" data-entity-uuid="fa345470-e8bb-4b85-a7ba-ee23682e345d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-14%20at%209.25.06%20pm.png?VersionId=oiL3TWHnwrymSm_SmXmjC1Qvb7PLuwsU" />Render of the proposed Albatross Avenue development. Credit:&nbsp;Raunik

The group has lodged plans for an 809 sqm site at 68 Albatross Ave, with plans for a four-storey, eight-apartment project, offering a mix of three-bedroom residences, designed by architects, Raunik Design Group.

Taking inspiration from its coastal location, the building incorporates materials, colours and textures prevalent to the beachside locality, including light-toned timber look features, timber soffits, feature stone cladding, glazed balustrades and landscaped planters which soften and juxtapose the concrete render.&nbsp;

The development also seeks to provide a higher-end product, in a bid to allow local residents to “age in place” within the local community as they downsize from traditionally larger family homes to a more compact, lower-maintenance dwelling typology, without necessitating moving out of the Mermaid Beach locale.&nbsp;

<img alt="Render of the proposed Albatross Avenue development. Credit: Raunik" data-entity-type="file" data-entity-uuid="6919ffd3-9811-45d9-8a7a-ad76203ac2c7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-14%20at%209.25.20%20pm.png?VersionId=2vjPWdGOioIq7tCDZrELB0ci4I.1aZ4V" />Render of the proposed Albatross Avenue development. Credit:&nbsp;Raunik

Each floor will house two apartments, with the homes adopting an open plan layout, with the living, dining and kitchen adjoining to generously-sized terraces and balconies, oriented toward the east.&nbsp;

Crowning the building will be a rooftop terrace, for the use of the penthouse residents.

Designed for outdoor entertaining, the space is equipped with a barbecue area, as well as a dining space with a lightweight pergola, outdoor seating, a spa and a plunge pool.&nbsp;

Highlife’s project will join a string of projects taking up a spot in the coveted Gold Coast pocket.&nbsp;

[smartcode_project:default project_id=108737 project_image_fid=199485]

Just down the road, Hutchinson Builders recently started work on the Niecon project, Ventura Residences, which will deliver 45 apartments come mid-2023.&nbsp;

The Ventura Road development, just 250 metres from the Mermaid Beach sand, has been a hit with owner-occupiers, who have snapped up all of the two-bedroom apartments on offer, with a handful of three and four-bedroom north-facing apartments, which feature city skyline and ocean views, as well as two exclusive villas still remaining.&nbsp;

Hutchies are also behind the $200 million Hirsch &amp; Faigen project, Yves, with the development a rare high-rise offering in the area.&nbsp;

[smartcode_project:default project_id=102451 project_image_fid=186077]

The three-tower development at 7-9 Mermaid Avenue has been designed by the renowned architecture firm Rothelowman, delivering 145 luxury residences, with a mix of one, two and three-bedroom apartments, in addition to the premium offerings of two four-bedroom, half-floor sub-penthouses and a single full-floor penthouse.

More than half of the apartments in Yves were snapped up in the first two months of marketing, unsurprisingly with locals dominating the purchasing, with select two, three and four-bedroom apartments remaining.&nbsp;

The group has lodged plans for an 809 sqm site at 68 Albatross Ave, with plans for a four-storey, eight-apartment project, offering a mix of three-bedroom residences, designed by Raunik Design Group Architects.



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