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“Minister Chanthivong and his team have shown real leadership in replacing an outdated two-year bond with cover that matches the lifespan of the buildings people are buying into.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

Joel Robinson

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

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

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

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

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

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

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

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

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

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

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

&nbsp;

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Staff Writer

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[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?

John Camilleri, the breeder of legendary racehorse Winx, is set to deliver a landmark two-tower beachfront development that would redefine the Surfers Paradise skyline.

Camilleri, who spent around $100 million acquiring development sites across the Gold Coast in 2025, has lodged plans for two new towers on the dress-circle stretch of Garfield Terrace, just two days before Christmas.

In assembling the site, Camilleri's Celestino Developments has effectively acquired the 71 Garfield project by Iris Capital and AALTO by Weiya Holdings, creating an unrivalled <a href="https://www.apartments.com.au/new-apartments/63-79-garfield-terrace-surfers-paradise-qld-4217">4,000 sqm beachfront holding along Garfield Terrace</a>.

The proposal comprises two residential towers of 55 and 48 storeys, linked by a dramatic skybridge which will home “exclusive VIP and wellness amenities.”

In total, the development would deliver 275 two-, three- and four-bedroom apartments across the two towers, rising above a shared landscaped podium that incorporates a central green space and a beachfront swimming pool stretching more than 90 metres.

<img alt="DBI" data-entity-type="file" data-entity-uuid="097900f3-6bef-4919-b168-b08f2f762876" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-30%20at%209.37.58%E2%80%AFAM.png?VersionId=et0SpmcvaPPVrexI_zWi46BVFtZBxAzx" />

Architecture firm DBI, in documents submitted to Gold Coast City Council, said the project at 63–79 Garfield Terrace would “establish a new benchmark for beachfront residential living on the Gold Coast.”

"The project occupies a rare, uninterrupted oceanfront site and has been shaped by a design philosophy that merges architectural elegance with environmental responsiveness and a carefully curated lifestyle experience. Together, the 48-storey North Tower and 55-storey South Tower form a distinctive twin-tower composition whose dynamic silhouette will make a significant contribution to the Surfers Paradise skyline."

DBI said the architectural language draws inspiration from the fluidity and movement of the coastal landscape.

"Each tower is defined by organic, curving forms and continuous balcony ribbons that wrap the buildings, providing deep shading, enhancing environmental performance, and reinforcing the rhythmic, sculptural expression of the façade. These balcony forms also reduce the apparent mass of the towers while maintaining strong visual continuity from podium to summit. Sculpted reflective downturns run along the western spine of both towers, shifting and lifting as they extend upwards to frame service zones and open eastward to maximise ocean views."

<img alt="Garfield" data-entity-type="file" data-entity-uuid="a2a00ce3-a0e9-45d6-b4b5-b7baed592ac5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-30%20at%209.53.40%E2%80%AFAM.png?VersionId=DnruWV1dhLrtXOeElwekyd7vPq2gw55t" />

The project’s most striking feature is the skybridge at level 45, which will house executive lounges, formal dining spaces, wellness facilities and panoramic ocean-facing views.

“The skybridge enhances the identity of the development, promotes social interaction, and delivers a lifestyle experience not found elsewhere on the Gold Coast,” DBI added.

The podium will host an extensive suite of recreational amenities, including resident lounges, private dining rooms, a large open green lawn, and the signature 90-metre pool stretching along the beachfront. The pool is divided into lap, lounge and children’s zones.

The southern end of the podium will accommodate additional wellness facilities, including a gymnasium, plunge pools, treatment rooms and a dedicated yoga lawn.

<img alt="Garfield" data-entity-type="file" data-entity-uuid="ee1b4f25-231f-4804-83b1-a573a1481962" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-30%20at%209.55.47%E2%80%AFAM.png?VersionId=zObzIA3D5w7EwqPsHjr2pKrA4vbB28zL" />

There will be 127 apartments in the North Tower and 148 in the South Tower, including multiple penthouses, while the Enderley Avenue and Oceanway frontages will be activated by a series of food and beverage tenancies.

Camilleri emerged as the most active site acquirer on the Gold Coast in 2025. He spent just over $30 million acquiring Pacific Point, a 10-level Surfers Paradise apartment block and an adjoining three-level duplex, from fellow racing identity and Aquis billionaire Tony Fung. Plans are now underway for a 93-apartment, 40-storey tower on the 1,682 sqm site.

He also paid $53.65 million for the 1,500 sqm Garfield Terrace site previously marketed as AALTO by Weiya Holdings, before acquiring the adjoining parcel from hotel billionaire Sam Arnaout’s Iris Capital, the developer behind V&amp;A Broadbeach.

First look exclusive: Billionaire Winx breeder’s bold two-tower Surfers Paradise play with 45th-storey skybridge

The Melbourne-based HLA Group is the latest developer to expand into South East Queensland, lodging plans for a unique mixed-use short-term accomodation and apartment building in Taringa, with the building design inspired by the Glasswing Butterfly.

The development application for 10 Morrow Street seeks approval for a total of 232 dwellings, comprising 116 residential apartments and 116 short-stay accommodation units. The build-to-sell residential component is made up of 31 one-bedroom apartments, 67 two-bedroom apartments, 17 three-bedroom apartments, and a single four-bedroom apartment, offering a diverse mix aimed at singles, couples, families, and downsizers.

<img alt="Taringa" data-entity-type="file" data-entity-uuid="33913cd4-9839-4456-b325-d35b3f8b4694" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.40.26%E2%80%AFPM.png?VersionId=sLvc7jUrYzDwqPDZBPrXTosKHDSp.qrt" />

Designed by Ellivo Architects, the tower takes strong inspiration from nature, with the architectural language driven by one of Queensland’s most delicate species. As described in the planning documents submitted to Brisbane City Council, Ellivo Architects state the design is “inspired by the elegance of the Glasswing butterfly," and mirrors the graceful sweep of its wings, a form that feels light, fluid, and alive.

“Lush subtropical greenery is throughtfull woven throughout, transforming the building into a sanctuary in the heart of the city.”

The proposal positions the building as more than a conventional residential tower, with Ellivo Architects describing 10 Morrow Street as “an urban oasis that blends short term accomodation with residential living. A destination for rest, relaxation, and renewal.”

<img alt="Taringa" data-entity-type="file" data-entity-uuid="84e9a0ff-464e-4973-bffe-5d5a8fe9f087" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.40.32%E2%80%AFPM.png?VersionId=dhX9eVgUaQE2TvCzJPhF8N8_hzYSKpyK" />

Formally, the building’s massing and floorplate are directly shaped by its butterfly inspiration. Ellivo explain that, “adopting the wings of the Glasswing Butterfly, the tower's plan is divided into four distinct quadrants, each shaped to mirror the wing's segmented geometry and taking the slender ‘veins’ up the facade of the tower.”

"This approach results in a sculpted tower form with articulated façades and a strong vertical expression."

<img alt="Taringa" data-entity-type="file" data-entity-uuid="5947011d-ff6c-4a57-bdc1-9072a472a79c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.40.29%E2%80%AFPM.png?VersionId=nnGqd4WCZM8AOJZY.c3u49BO4LurKRhb" />

The Assessment Report by Human Habitats said the 19-storey tower capitalises on its strategic connectivity and prominence at the entrance of Taringa Village and adjoining the Taringa Station.

"The proposal offers a significant revitalisation of the subject site that integrates architectural excellence, innovation, and sustainable design to directly address long-standing connectivity and safety challenges, housing supply , and diversity together with enhanced streetscape activation and convenient access to major transport corridors."

HLA Group Australia is registered to South Yarra and is currently delivering Adamson No.5, just 15 luxury apartments that start from around $2 million.&nbsp;

The Butterfly Effect: Glasswing butterfly inspires Taringa apartment development

Sutherland Shire-based developer Sammut Group, who was one of the first Sydney developers to jump to the Gold Coast at the onset of the pandemic back in 2020, is looking to expand its QLD pipeline.

The developer, who will complete COAST on Surfers Paradise's beachfront Garfield Terrace early next year, has filed plans for a 42-unit block on the river in Toowong.

Bureau^proberts designed the Glen Road building, suggesting that 44 Glen "acknowledges a transitioning suburb."

"A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintain its character and charm," the architecture noted in the Urban Design Report submitted to the Brisbane City Council.

The "well-considered residential offerings" no doubt refers to Consolidated Properties Monarch Residences, which is approaching completion on Coronation Drive, and Spyre's ARC Residences a few doors down.

<img alt="Sammut" data-entity-type="file" data-entity-uuid="bc73fa6a-e0c9-4ab1-b8d1-84cb8b45a932" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.22%E2%80%AFPM.png?VersionId=fxM0S81Jd.qZJTe5Wdju0TuOfnyxbM3C" />

"With a site rich in history - proud in its riverfront setting, the architectural form of 44 Glen is a direct influence of its contextual place," the report added.

"The considerations of a flood impacted site, adjacent development scales, local view corridors, unique dual river vantage &amp; city aspects result in a shaped, elegant building form proud in its setting."

<img alt="Sammut" data-entity-type="file" data-entity-uuid="53469fd8-e7e4-4a50-a992-417221187e93" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

They said the mix of four and two-bedroom apartments capture the "fundamental qualities of Queenslander living," translated into the context of a contemporary subtropical building.

Public records show the last time the site traded was last year when JGL Properties bought it for $8.7 million. It sold to Sammut with development approval for The Dell, just 22 luxury apartments.

The Assessment Report by Urbis suggested the new plans "are consistent with the City Plan provisions, particularly the themes and outcomes of the strategic framework, purpose, overall outcomes and the intent of the High Density Residential Zone."

"The proposed changes are generally consistent with the previous approval. Notably, the development continues to deliver a residential scheme with high quality architectural design and features."

They said the proposed change maximises the number of dwellings overlooking the Brisbane River, highlighting its importance as a natural asset in inner city developments.

Sammut makes Brisbane apartment play

After several years defined by rapid price growth, tightening construction conditions and a thinning development pipeline, the Gold Coast apartment market is entering a more considered phase.

Demand for well-located, design-led apartments remains strong, particularly in established coastal suburbs where supply is constrained and planning controls are more defined. At the same time, elevated construction costs, financing pressures and longer approval timelines have forced many developers to recalibrate, resulting in fewer projects, but generally higher-quality ones.

The result is a market that is increasingly polarised. At one end are tightly held, boutique developments targeting owner-occupiers seeking generous internal space, high levels of amenity and proximity to the beach. At the other are larger mixed-use or higher-density schemes that rely on scale, strong branding and careful staging to proceed. What has largely disappeared, although some developers are able to make it work, is the mid-market volume product along the coast.

<article data-scroll-anchor="true" data-testid="conversation-turn-16" data-turn="assistant" data-turn-id="request-68be079c-2280-8332-8559-2c8fc21704c5-15" dir="auto" tabindex="-1">
Buyer demographics are still mixed. Local buyers from South East Queensland are now driving the majority of enquiry and transactions. Where purchasers were predominantly cashed-up buyers from southern capitals which really kicked off the multi-year boom, recent price growth across Queensland has shifted that profile, with SEQ-based buyers increasingly well capitalised and active in the market.

Like the majority of the country, the Gold Coast is expected to fall well short of its housing targets. Around 38,000 new dwellings are required over the next decade to keep pace with population growth, with the majority expected to be apartments in new high-rise buildings. That equates to roughly 50 high-rise developments each year, a figure that is unattainable in the current environment of elevated construction costs and ongoing labour constraints.

When supply falls this far short of demand, upward pressure on prices becomes inevitable, placing developers in a strong position across much of the coast.

Below are 10 of the most notable Gold Coast apartment projects set to come to market next year, developments that reflect where the market is heading and the type of product buyers are increasingly seeking.
</article>

<h2>Exhale 
Where: Surfers Paradise 
Who: SIERA</h2>

SIERA will launch its beachside Surfers Paradise apartment development, Exhale, in early 2026. The project targets the suburb’s missing middle near Northcliffe Beach, delivering just 54 generously scaled two- and three-bedroom apartments, a density blend between high-rise living and full-floor residences rarely seen locally.

Designed by BDA Architecture, the 25-level tower will house a maximum of three residences per floor.

[smartcode_project:default project_id=112661 project_image_fid=300829]

The slender form draws from surrounding sand dunes and the coastal landscape, with two dedicated entry points, one toward Northcliffe light rail station and the other providing direct beach access just 60 metres from the site.

Wellness underpins Exhale’s design. A two-level podium will feature a heated spa, sauna and gym, a Zen garden, a north-east-facing pool, and private dining and lounge spaces that extend daily living beyond the apartment.

[smartcode_project:default project_id=112661 project_image_fid=355937]

SIERA Founder and Director Brent Thompson says the project was shaped around how residents would live, a design process that began even before securing the prime site.

<h2>Sandpiper 
Where: Broadbeach 
Who: Polycell</h2>

Polycell will launch its second Broadbeach project in early 2026, following the success of its debut development, The Rochester, which is approaching sell-out ahead of its late-2027 completion.

<a href="https://www.apartments.com.au/new-apartments/sandpiper-broadbeach-155-old-burleigh-road-broadbeach-qld-4218">Sandpiper</a> will replace the existing Sandpiper Resort on Old Burleigh Road, rising more than 50 storeys and delivering around 200 apartments, predominantly two- and three-bedroom residences, alongside a limited collection of four- and five-bedroom homes.

<img alt="Sandpiper" data-entity-type="file" data-entity-uuid="d4ca0547-afd0-4e1f-9b24-2ebbc0ef3dd6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Sandpiper%202.jpg?VersionId=m8fhW_jnIA9G93M79AQsw29j5NT9r8Bl" />

Designed by BDA, Sandpiper will mirror the elevated amenity offering seen at The Rochester. Residents will arrive via a porte-cochere into a hotel-style lobby, with private facilities spread across three levels including a lap pool with floating day beds, hot and cold plunge pools, sauna and steam rooms, gym and yoga studio, golf simulator, private dining spaces, wine room, and an upper-level residents’ club.

MOTIV is handling the sales campaign.

<h2>Josephine by Mosaic 
Where: Burleigh Heads 
Who: Mosaic</h2>

Bullet-proof South East Queensland developer Mosaic Property Group will unveil its latest luxury Burleigh Heads beachfront apartment development in the new year.

Located on the Esplanade, Mosaic's third on the exclusive strip, <a href="https://www.apartments.com.au/new-apartments/josephine-by-mosaic-166-the-esplanade-burleigh-heads-qld-4220">Josephine</a> will comprise just 27 high-end half- and full-floor homes, all with uninterrupted views across the beach and Pacific Ocean.

[smartcode_project:default project_id=149424 project_image_fid=353507]

Part of Mosaic's Masterpiece Series, Josephine is positioned at the ultra-boutique end of the market, offering generous internal volumes framed by full-height glazing, hand-selected stone, rich timbers and bespoke detailing. The sculptural form, defined by soft curves and arching elements, is informed by the natural movements of wind, water and dunes along the Burleigh and Palm Beach shoreline.

Resident amenities will include a pool, spa, gym and sauna.

<h2>Palmiere 
Where: Palm Beach 
Who: BPG Developments</h2>

BPG Developments will return to Palm Beach early next year with <a href="https://www.apartments.com.au/new-apartments/palmiere-66-jefferson-lane-palm-beach-qld-4221">Palmiere</a>, seven years after completing Sable Palm Beach nearby.

Led by Glen Williams and Nick Parr, the builder-developer will deliver 71 two- and three-bedroom apartments and a small collection of townhouses across a 14-storey building fronting Jefferson Lane.

Designed by Plus Studio, the project draws on Queensland’s coastal vernacular through textured render, rebated concrete panels and aluminium fins. Wellness facilities will include a pool, gym and yoga deck.

<img alt="Palmiere" data-entity-type="file" data-entity-uuid="593192d9-1c75-49e3-980f-e2e9d2f124b3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%209.47.40%E2%80%AFAM.png?VersionId=OJ09LnC.q2eXAiqJWG6QLr0JRxhkISlC" />

“Palmiere represents a natural extension of BPG Developments’ growing coastal portfolio and reinforces our commitment to delivering high-calibre residential projects across Southeast Queensland.”

“Palm Beach embodies the core principles of our approach. A bespoke, refined design, exceptional craftsmanship and a genuine connection to place.

MOTIV will handle the sales campaign.

Director Carly Cottam says Palmiere will appeal to a large section of the market seeking a luxury address in an attainable price point, just one block back from the beach. 
 
“A site like this is incredibly rare and we expect the market to react positively and swiftly when we launch early next year.”

<h2>What: Bronze on Chevron 
Where: Chevron Island 
Who: Gardner Vaughan Group</h2>

Brisbane-based Gardner Vaughan Group (GVG) is making its Gold Coast debut with<a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-surfers-paradise-qld-4217">Bronze on Chevron</a>, a 119-apartment development scheduled to launch in early 2026.

The project will comprise one- to four-bedroom apartments alongside two ground-floor retail tenancies designed to complement Chevron Island’s village character.

<img alt="Bronze" data-entity-type="file" data-entity-uuid="57842e97-394c-4c3d-b51d-03925f3645b8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%2010.41.33%E2%80%AFAM.png?VersionId=87P1xIhmx0D3.ITqxcL8dxSSj3I_nCXB" />

GVG Chief Executive Officer Simon Betteridge described the move as “a strategic and natural evolution” of the company's growth, extending its legacy of reliable delivery across Brisbane, the Sunshine Coast, and Moreton Bay.

“Our entry into the Gold Coast is both a strategic and natural evolution of our business,” said Simon Betteridge, Chief Executive Officer of GVG. “We’ve long admired the Gold Coast’s lifestyle offering, cultural vibrancy and strong demand for thoughtfully designed homes. We’re excited to bring our approach to development into this dynamic market.”

Colliers will manage the sales campaign.

<h2>Rana 
Where: Palm Beach 
Who: Macquarie York</h2>

Macquarie York is expanding its Palm Beach portfolio with <a href="https://www.apartments.com.au/new-apartments/rana-palm-beach-16-20-twenty-third-avenue-palm-beach-qld-4221">Rana</a>, a 13-storey residential development designed by Plus Studio.

Located on Twenty Third Avenue across an amalgamated 1,215 sqm site, Rana will deliver 60 apartments, 44 two-bedroom and 16 three-bedroom homes, supported by a recreation deck featuring a pool, gym, sauna and BBQ terrace.

<img alt="Rana" data-entity-type="file" data-entity-uuid="6afd9552-f6c5-4a79-8316-dd850663469d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%2010.42.54%E2%80%AFAM.png?VersionId=1KkD2F9cLVCpiihmG9DZJKrx3EM.llGQ" />

The design adopts a refined, coastal palette of natural materials, defined by slim slab edges, vertical battens, and deeply set recesses that enhance both privacy and architectural rhythm.

Plus describes the tower as “a refined yet understated aesthetic that balances warmth with contemporary elegance”.

The developer, led by Roy Skaf, also has a luxury project on Jefferson Lane, Azariah, launching in 2026, as well as a riverfront tower on Sunset Blvd in Surfers Paradise.

<h2>Where: Kirra 
Who:&nbsp;Immerse Projects</h2>

Immerse Projects will bring its next Kirra development to market in 2026, following the completion of Rhythm earlier this year.

Founded by industry veteran John Kearney, the group will deliver 105 apartments across a 14-storey tower on <a href="https://www.apartments.com.au/new-apartments/5-haig-street-coolangatta-qld-4225">Haig Street</a>,, just metres from the beach. The mix includes two- and three-bedroom apartments, as well as three two-storey beach houses.

Apartments will start from 70 sqm internally, while the amenity-rich podium will feature a lap pool, spa, gym, children’s play area, and co-working spaces designed to complement a relaxed, connected lifestyle.

<img alt="Haig" data-entity-type="file" data-entity-uuid="61362ae6-6ee6-4f91-9e4d-854243d04399" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%2010.47.10%E2%80%AFAM.png?VersionId=cmfd_Lg0ahgroMZiOBqDa3.SI0aUqiLR" />

Kearney says the design “embraces its coastal setting,” enhancing Kirra’s distinctive character while providing attainable alternatives to the full-floor apartments that dominate the beachfront.

“Kirra has much more amenity on its doorstep than other parts of Coolangatta,” Kearney said. “There’s a real sense of identity here-it’s a really special place”.

<h2>Nalu 
Where:&nbsp;Miami 
Who:&nbsp;Monaco Property Group</h2>

Monaco Property Group will launch <a href="https://www.apartments.com.au/new-apartments/nalu-miami-122-marine-parade-miami-qld-4220">Nalu</a> next year, a luxury beachfront apartment development on Marine Parade in Miami.

Designed by Koichi Takada Architects in collaboration with BDA, the low-rise, U-shaped building will deliver 46 two- to five-bedroom residences, each with expansive wrap-around balconies capturing panoramic ocean views.

The project occupies a 7,238 sqm site acquired for $70 million and will feature resort-style amenities including a pool, lounge areas, yoga space, hammam, steam rooms, and hot and cold plunge pools, all set within a lush landscaped environment.

<img alt="Nalu" data-entity-type="file" data-entity-uuid="9e2fecb7-81b0-44e5-8c02-05ff08f1c603" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%209.37.10%E2%80%AFAM.png?VersionId=Ci91LNpLfK_9S5uexOfGwaTmybM6DPoc" />

Monaco Property Group Co-founder Jonathan Grasso says their plans for Nalu will be defined by a commitment to quality, incredible landscape, world class amenity and wellness and an architectural statement of excellence.

“The site is not only one of the largest beachfront development sites on the Gold Coast, but its position overlooking the beachfront and close proximity to the heart of Nobby Beach provides a truly unique opportunity for our team to create an incredible residential development that will be a legacy for years to come."

<h2>Avva 
Where: Broadbeach 
Who: Bassar Group</h2>

Bassar Group will take to market Avva next year, its sister tower to the successful Infinity development on Surf Parade.

Designed by BDA, the 33-storey tower will deliver 56 half- and full-floor three-bedroom apartments, each spanning approximately 166 sqm. The angular form will add a sculptural presence to the Broadbeach skyline.

<img alt="Bassar" data-entity-type="file" data-entity-uuid="6eafc222-7da9-4e42-8a1a-998d8a2ae06d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%208.56.00%E2%80%AFAM.png?VersionId=br3dEys85q0fB2bmwbDLfTgSaeKqM7Z8" />

Amenities will include a lap pool, wellness area, yoga deck and sauna facilities. The project will replace the former MaxMar apartment block.

Bassar Group Director Leo Sarris said the team is proud to contribute to a suburb they call home, describing Avva as a “wonderful addition” to Broadbeach.

<h2>Where: Kirra 
Who: MAYD Group</h2>

MAYD Group is expected to launch its $350 million luxury hotel and apartment development in North Kirra next year.

Designed by MAS Studio in collaboration with Mim Design, the mixed-use project will comprise a 160-room five-star hotel and 60 private residences, including two penthouses and five double-storey beach houses, across a 4,742 sqm site with 90 metres of beachfront.

Resident amenities will include a private pool with wet edge, yoga lawn, bar, cinema and relaxation zones, alongside access to hotel concierge services, dining and lounges.

<img alt="Mayd" data-entity-type="file" data-entity-uuid="fe40866c-79b1-4cd9-8b69-0c92ff3fe509" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%208.57.10%E2%80%AFAM.png?VersionId=M0pZ9asXdlH2XBf4.im70vVMzzukzuFd" />

MAYD Group Founder and Director Todd Mould said the project capitalises on North Kirra’s rare beachfront scale and proximity to the expanding Gold Coast Airport, offering a balance between holiday and permanent living.

&nbsp;

“We are extremely bullish on the Gold Coast luxury market and will continue to invest in strategic sites that allow us to deliver best-in-class luxury projects across residential and mixed-use asset classes," Mould says.

The top 10 new apartment projects to launch on the Gold Coast in 2026

Geocon Group has been given the green light to develop its Woden Pool Project, securing the future of the aging community facility with a contemporary aquatic centre designed for year-round use by families, schools, fitness enthusiasts and the broader community.&nbsp;

There will be 286 new units delivered as part of the first stage. There will be around 700 units across three stages.

“This approval represents an important step forward for Woden and reflects a significant private investment into a major community sport and recreation facility," Geocon says.

"We understand how important the Woden Pool has been to local families over the years and we are proud to be contributing to infrastructure that will deliver long-term benefits for residents, families and the broader community, while supporting the continued revitalisation of the Woden Town Centre.”

The new facility will comprise:

• An eight-lane 25 metre lap pool

• A 20-metre warm water program pool with relaxation zone

• Dedicated facilities for families and recreation, including a toddlers’ pool, learn to swim pool, leisure pool, and indoor and outdoor water play splash pads

• Wellness amenities, including steam and sauna facilities, a marshalling area to support organised programs and events, and an on-site café

These inclusions have been designed to support year-round use, cater to a wide range of user groups and meet contemporary standards aquatic facilities. Supporting Woden's Evolution The Woden Pool Project aligns with the ACT Government's vision for Woden Town Centre as a vibrant, high amenity urban hub.

With approval secured, Geocon Group is preparing to formally release the associated residential apartments to the market, capitalising on the project’s prime Woden Town Centre location and its integration with a major new indoor aquatic facility.

“We have designed the residential apartments as part of a well-considered Woden precinct that prioritises lifestyle, long-term amenity and connectivity," added Geocon.

"Future residents will benefit from a premium town centre location and the integration of high-quality recreation and lifestyle infrastructure, providing confidence in the quality and longevity of the development.”

The residential release will highlight the unique opportunity to secure housing within a precinct anchored by significant new lifestyle and recreation infrastructure. Works are expected to commence on site once all relevant approvals are in place. The existing ice rink will continue to operate as usual, and the current 50-metre outdoor pool will remain operational during its normal seasonal opening days and hours.

Geocon approved for Woden Pool project

<a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Group</a> has secured development approval for its $240 million Flourish Symphony, a project set to bring affordable apartment living to <a href="https://www.apartments.com.au/developments/south-brisbane-qld-4101">South Brisbane</a>.

With prices starting from $665,000, Sherpa begins to move <a href="https://www.apartments.com.au/new-apartments/symphony-south-brisbane-21-23-cordelia-street-south-brisbane-qld-4101">Symphony</a> into its delivery phase, with construction now commenced. They will deliver 138 apartments across 27 levels, offering a mix of one, two, and three-bedroom residences.

Brisbane is experiencing a major population growth as it gears up for the Olympics, with research suggesting its population will reach 4.34 million by 2066, leading to a surge in demand for affordable residential apartments.&nbsp;

“Getting council approval marks an exciting milestone for us at Sherpa,” said Christie Leet, founder of Sherpa Group.

[smartcode_project:default project_id=7574 project_image_fid=3770]

“Brisbane is such an incredible location and is undergoing a period of major growth as it looks to host the 2032 Olympic Games and enjoys significant population growth and supply challenges. We hope to accommodate this growth by delivering affordable apartments that locals have a genuine chance of securing when some apartments in the market are cost-prohibitive.”

The DA approval follows closely behind Symphony’s sales success, which has seen 73 per cent of apartments sold within one week of launching.

The project builds on the group’s success in Palm Beach on the Gold Coast, where it has recently launched Flourish Oasis.

“We are immensely humbled by the response we have received for the Flourish brand so far -it’s clear each project has resonated with buyers seeking thoughtful, innovative design,” added Leet.

“We want to create spaces where everyday life feels extraordinary – that’s what Flourish is about.”

[smartcode_project:default project_id=7574 project_image_fid=5155]

Located at 21–23 Cordelia Street, Symphony is positioned at the heart of Brisbane’s entertainment, offering exceptional walkability to dining, leisure, galleries, the CBD and transport hubs.&nbsp;

Residents will have access to a rooftop oasis that rivals 5-star resorts, showcasing a wellness and recreation area spanning more than 1,400 sqm across two levels, featuring a heated pool, steam room, saunas, and hot and cold plunge pools.

Additional amenities include work-from-home spaces, private treatment room, pool deck cabanas and private outdoor BBQ areas; a private dining room and residents’ lounge; a fully equipped gym and yoga studio; and panoramic views of the Brisbane skyline and Mt Coot-tha.

Sherpa Group has been among the most prolific developers on the Gold Coast in recent years, undertaking 15 projects since 2018, now adding Symphony to its $1.35 billion workbook.

[smartcode_project_cta:default project_id=7574]

Sherpa approved to develop Symphony, South Brisbane

Longstanding local builder-developer&nbsp;<a href="https://www.apartments.com.au/developers/gwh">GWH</a> has broken ground on its flagship Newcastle West development, ERA,&nbsp;signalling a significant step forward for what will become the city’s newest residential address.&nbsp;

The milestone marks the beginning of construction on the 266-apartment project, which GWH describes as a defining moment in its continued growth across the region.

<a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> has been more than two years in planning, shaped through collaboration with financier Qualitas and its design project partners from&nbsp;<a href="https://www.apartments.com.au/architects/fk-australia">FK Australia</a>&nbsp;and&nbsp;<a href="https://www.apartments.com.au/landscape-architect/oculus">OCULUS</a>.

Before the first sod was turned, over 50 per cent of the building has been snapped up,&nbsp;a sign of buyer confidence in both the development itself and inner-city Newcastle more broadly.

[smartcode_project:default project_id=135096 project_image_fid=351103]

Positioned on Bull Street in Newcastle West, the dual-tower project will introduce 266 one-, two-, and three-bedroom apartments, supported by more than 2,000 sqm of resident amenity including a podium pool deck, gym, sauna, cinema room and two rooftop terraces with harbour and ocean views.

Designed by FK Australia, ERA aims to set a new benchmark for urban living in Newcastle. The architecture positions the towers as a new marker on the city skyline, while the interiors emphasise daylight, generous glazing and modern finishes. Large balconies, thoughtful storage and contemporary kitchens cater to the growing owner-occupier demand in the CBD.

[smartcode_project:default project_id=135096 project_image_fid=351104]

GWH says ERA represents “continued momentum for GWH, continued investment in our region, and continued delivery of projects that raise the benchmark for quality and liveability.”&nbsp;

ERA’s location in the city’s west end, within walking distance of the harbour, the Newcastle Interchange, Honeysuckle dining precinct and the University of Newcastle’s city campus, positions it well for professionals, downsizers and investors seeking both connection and long-term value.

[smartcode_project:default project_id=135096 project_image_fid=351106]

The developer will also construct the project, supported by the Hunter Construction Group, adding an additional layer of certainty for purchasers.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/building-from-the-ground-up-gwh-takes-fully-integrated-development-model-to-new-heights">Building from the ground up: GWH takes fully-integrated development model to new heights</a>

Buyers will also be buoyed with the fact GWH has taken out the&nbsp;coveted 10-year Latent Defects Insurance policy on ERA, one of the only new developments under construction in the region with the new cover.

Offered by <a href="https://www.apartments.com.au/news/resilience-latent-defects-insurance">Resilience Insurance</a>, LDI is a first-right insurance product that protects purchasers from structural or waterproofing defects within the first 10 years after completion. GWH's adoption of the policy aligns with broader industry movement toward more rigorous assurances and supports buyer expectations around long-term asset performance.

With construction now officially underway and pre-construction pricing still available, the East Tower release offers a selection of remaining two- and three-bedroom apartments priced from $980,000 to $2.8 million.&nbsp;

Completion is anticipated for early 2028.

[smartcode_project_cta:default project_id=135096]

GWH commences construction at ERA, Newcastle's newest residential address

The Deery family, long established in Australian hospitality, is set to deliver another landmark in central Brisbane.

An entity linked to Richard Deery has filed plans for a mixed-use hotel and apartment development on a prime 2,600 sqm site across <a href="https://www.apartments.com.au/new-apartments/215-229-main-street-kangaroo-point-qld-4169">215-229 Main Street</a>, adjacent to the family's Story Bridge Hotel, which they have owned and operated since 1967.

The new development, designed by <a href="https://www.apartments.com.au/architects/wallacebrice-architecture">WallaceBrice Architecture</a>, will comprise two towers, one rising 18 levels and the other smaller building topping out at eight levels. Both towers sit atop a shared podium that includes communal open space and rooftop terraces, and they will be anchored by a ground-level cafe and hotel lobby.

<img alt="Main St" data-entity-type="file" data-entity-uuid="0e7ca583-2dff-4475-a9a3-1817c4348c30" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-22%20at%209.38.59%E2%80%AFAM.png?VersionId=8kuR4C3xnS1QnG4MSYBvgi0W4.VEn.Nr" />

“The proposed built form is sympathetic to the surrounding skyline south of Baildon and Bright Streets, and preserves views to and from the Story Bridge,” WallaceBrice Architecture stated in their Design Report.

Whilst the site has no frontage to the Brisbane River the site retains views between existing towers across to the Town Reach of river and towards the city centre as well as to the north up Main Street to the Story Bridge.

The assessment report by Planning Initiatives states the Deery family, who&nbsp;have lived and worked on the Kangaroo Point Peninsula for over 60 years, are "strongly invested in the local community and aim to make a meaningful and lasting contribution to the area."

"The proposal is intended to complement surrounding entertainment uses such as provided by the historic Story Bridge Hotel opposite on Main Street thus supporting a land use synergy between the hotel component and the Story Bridge Hotel."

Central to the proposal is a commitment to "city making." The development incorporates a luminous art feature by Illuminart, conceived as a live data-responsive installation that subtly responds to environmental cues like tides, wind, and sky colour. This illuminated plane aims to create a dynamic, non-intrusive landmark visible between the Story Bridge and the new Kangaroo Point Green Bridge.

“The installation is conceived as a slender vertical feature... responding to environmental conditions along the Brisbane River,” the Landmark Illumination Report notes, adding that it will contribute to Brisbane’s evolving night-time identity in the lead-up to the 2032 Olympic Games.

&nbsp;

<img alt="First look: Deery family proposes twin-tower hotel and apartment development at Kangaroo Point" data-entity-type="file" data-entity-uuid="7089d281-bcca-484a-9d3c-ae2ee61b0ea5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/illumination.png?VersionId=XZxYX_ossM6XOtT5e4ynzoC07CBO1T4y" />

The apartment mix targets owner-occupiers, with 12 three-bedroom and 17 four-bedroom dwellings, each featuring expansive outdoor living spaces, cross-ventilation, and sub-tropical design principles aligned with Brisbane’s “Buildings that Breathe” guidelines.

Generous landscaping across podium and rooftop levels contributes to the subtropical character of the project, with over 1,130 sqm of green space proposed, nearly 43 per cent of the total site. Communal amenities include a wellness centre, rooftop pools, barbecue areas, and private lounges. The apartments will sit above the hotel suites which will occupy the ground, first, and second floor.

First look: Story Bridge Hotel owners propose hotel and apartments at Kangaroo Point

<a href="https://www.apartments.com.au/developers/finbar">Finbar Group</a>, one of Perth's most successful developers, has received development approval for a 16-level apartment project in Rivervale.

The new building, within the&nbsp;established Springs precinct at 2 Hawksburn Road, will comprise 108 apartments across studio, one-, and two-bedroom layouts, targeting the mid-range segment of the Perth apartment market. Finbar holds a 50 per cent interest in the project, which marks its fifth development within the Rivervale precinct.&nbsp;

The site spans approximately 2,370 sqm and is located around five kilometres from the Perth CBD, with proximity to the Swan River, surrounding parklands and high-frequency public transport along Great Eastern Highway. Optus Stadium sits about 1.5 kilometres away, reinforcing the project’s appeal to both owner-occupiers and investors seeking well-connected urban locations.&nbsp;

Residents are planned to have access to a range of shared amenities including a gymnasium, pickleball court, residents’ lounge and games room, outdoor BBQ areas and a dedicated co-working space. At ground level, the development will also introduce a new pedestrian laneway linking Shortland Jones Park to Leslie Deague Park, framed by a public art installation to enhance local connectivity and public realm outcomes.&nbsp;

Finbar CEO Ronald Chan said the approval reflects the group’s ability to progress its development pipeline while responding to current market conditions.

“This DA approval demonstrates Finbar’s ability to progress and add value to its five-year development pipeline, and it continues to execute its strategy of delivering affordable mid-range product into a supply constrained market,” Chan said.&nbsp;

He pointed to recent performance across nearby projects, including the near sell-out of Riverbank Residences in Rivervale and the completed Bel Air development in Belmont, as evidence of sustained demand for apartments close to the city, airport and riverfront amenity.&nbsp;

Finbar General Manager Scott Cameron described the approval as another key milestone for the group’s Perth apartment portfolio, acknowledging the consultant team involved in securing the outcome and noting the project’s role in strengthening pedestrian links and local amenity.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/ss-chang-architects">Chang Architects</a>, the Rivervale project forms part of Finbar’s broader strategy to deliver diverse housing options as it marks 30 years as a property developer in Western Australia.

Finbar secures approval for Rivervale apartment tower

Gold Coast developer <a href="https://www.apartments.com.au/developers/monaco-property-group">Monaco Property Group</a> has tapped into the strong demand for luxury Gold Coast communities, with the completion and near sell-out of its $116 million residential community on the <a href="https://www.apartments.com.au/developments/isle-of-capri-qld-4217">Isle of Capri</a>.

Located at 81 Salerno Street, each villa at <a href="https://www.apartments.com.au/buildings/capri-villas-81-salerno-street-isle-of-capri-qld-4217">Capri</a> features three or four bedrooms, open-plan living, private courtyards, secure double garage - a configuration that has attracted downsizers and lifestyle-driven buyers seeking low-maintenance modern living.&nbsp;

With all 48 villas now completed at Capri, Monaco Property Group turns its attention to <a href="https://www.apartments.com.au/new-apartments/nalu-miami-122-marine-parade-miami-qld-4220">NALU</a>, the group’s <a href="https://www.apartments.com.au/news/qld/monaco-property-group-approved-for-500-million-nalu-apartments-on-miami-beach">$500 million project in Miami</a>, which will be one of the most luxurious projects ever seen on the Gold Coast and set to launch in 2026.

[smartcode_project:default project_id=139511 project_image_fid=358033]

Jonathan Grasso, co-founder of Monaco Property Group, said the "incredible" response for Capri is a testament to the hard work and meticulous craftsmanship of our team.”

“Capri has attracted a high level of interest from both local and interstate buyers, and we take great pleasure in the experience the residents are enjoying in these truly luxurious residences," Grasso said.

“Completion now enables us to turn our attention to the delivery phase of our next project, NALU, which will be extraordinary for the Gold Coast property industry.”

[smartcode_project:default project_id=139511 project_image_fid=351872]

Residents of Capri have access to the most comprehensive amenity offerings ever delivered on the exclusive island, including a designer pool with submerged lounges, a resident lounge, outdoor BBQ and dining pavilion, all set within secure landscaped surrounds.&nbsp;

Nestled, just 800 metres from the Capri on Via Roma retail and dining precinct, Capri is within easy reach of schools, the beach, and Gold Coast cultural and health hubs, offering the perfect lifestyle destination.&nbsp;

“From the beginning, our focus was on creating a lifestyle-rich community,” added Grasso.

“Capri was designed as a place residents are proud to call home, with a private, resort-style amenities that ensure the ultimate Gold Coast lifestyle.”

&nbsp;

Only a handful of villas at Capri remain.

[smartcode_project_cta:default project_id=139511]

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