Gold Coast-based developer <a href="https://www.apartments.com.au/developers/ignite-projects">Ignite Projects</a> has lodged a Development Application for a landmark $120 million precinct set to transform the southern gateway of the much-loved Spit.

Positioned at the most prominent entry point to the iconic peninsula, the project has been designed with a strong focus on architecture, public space, heritage and connectivity, delivering a revitalised parkland setting that invites locals and visitors to engage with the Broadwater.

Central to The Isles proposal is a significantly upgraded public realm, including landscaped open space, a new waterfront café, and a family-friendly park featuring a naval-themed playground, open lawns and improved pedestrian connections.

<img alt="Ignite Projects unveils exciting details of landmark gateway precinct for the Spit" data-entity-type="file" data-entity-uuid="de83a270-6091-4b26-bed0-86f9248e7f9e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20Isles%201.jpg?VersionId=vt79HlCOwV9F7eLQe9.Z3bv9JGLMaSP2" />

The design retains and celebrates key elements of the site’s history. The training mast from the vacant and degraded naval cadet building, which forms part of a former Navy minesweeper, will be preserved. The existing Navy Memorial will be relocated and upgraded in collaboration with the RSL, allowing it to be publicly accessible for the first time in years. 
&nbsp; 
Heritage-listed Humphreys Boat Shed remnants will remain and be incorporated into the landscape, while the site’s established Norfolk Pines will be retained, reinforcing the area’s character and sense of place. The enhanced parkland will ultimately create a long-term community asset at the entry to The Spit. 
&nbsp; 
The Development Application (DA) lodged with Gold Coast City Council includes 28 waterfront apartments across three levels, ranging in size from 145sqm to 383sqm, designed as a feature landmark within the precinct and complement the public domain.

<img alt="Ignite Projects unveils exciting details of landmark gateway precinct for the Spit" data-entity-type="file" data-entity-uuid="bbf94e00-b56a-47fb-a15d-3d17b0b1ec76" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20Isles%203.jpg?VersionId=A0vmBNE_KohYJo1EoZcmF5IVW4tT5aDo" /> 
&nbsp; 
Ignite Projects Director Josh Foote said the project as a whole had been carefully shaped to deliver a meaningful outcome for the wider community, not just future residents. 
&nbsp; 
“This is about more than delivering opulent apartments – it’s about creating a welcoming and memorable gateway to The Spit that people can enjoy every day,” Mr Foote said. 
&nbsp; 
“We’ve worked hard to ensure the public realm is a central part of the project, from the landscaped parklands and family-friendly spaces through to the preservation and celebration of important local heritage.”

<img alt="Ignite Projects unveils exciting details of landmark gateway precinct for the Spit" data-entity-type="file" data-entity-uuid="443bbde5-8221-45f8-a549-dad2623df20c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20Isles%204.jpg?VersionId=iUl6nc.sHkjMdo_1RigwbwUz_celHJ3H" /> 
&nbsp; 
Designed by <a href="https://www.apartments.com.au/architects/contreras-earl-architecture">Contreras Earl Architecture</a>, The Isles adopts a considered subtropical approach, with the building form shaped to maximise natural light, cross ventilation and views to the Broadwater and surrounding parklands. 
&nbsp; 
Architect Rafael Contreras said the design responded directly to its unique coastal setting. 
&nbsp; 
“Rather than a typical built form, the architecture has been shaped by performance and experience – from optimising outlook and privacy to creating a strong connection to landscape and climate,” Mr Contreras said. 
&nbsp; 
“A central landscaped courtyard allows light, air and greenery to permeate the building, while the articulated façade introduces movement and rhythm inspired by the Broadwater.

“The Isles will create a place where people can gather, relax and connect with the water, while also delivering a refined residential product that responds to its unique setting.”

<img alt="Ignite Projects unveils exciting details of landmark gateway precinct for the Spit" data-entity-type="file" data-entity-uuid="1089570d-1120-4302-9900-fb9f75c75c26" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20Isles%205.jpg?VersionId=pl9qmKZNbaL3A7XjmD7sjhLwmXaqzzLZ" /> 
&nbsp; 
The DA relates to the residential and public realm components, with a proposed boutique marina to be progressed as part of a future stage, subject to separate approvals. 
&nbsp; 
The Isles is being delivered under The Spit Master Plan, a collaborative vision to create a new residential, tourism, leisure, natural environment and cultural heritage hub on the iconic and much-loved peninsula.&nbsp; 
&nbsp; 
Ignite Projects has an established track record delivering premium residential projects across the Gold Coast, including The Monaco at Main Beach and Cabana at Palm Beach. 
&nbsp; 
Sales for The Isles are expected to commence in coming months from an on-site display suite, with construction targeted to begin later this year, subject to approvals.

Joel Robinson

Ignite Projects unveils exciting details of landmark gateway precinct for the Spit

The Federal Government’s sweeping changes to negative gearing and capital gains tax could trigger an unintended consequence: a surge of investor demand into the new and off the plan apartment sector.

While Treasurer Jim Chalmers has framed the reforms as a way to improve housing affordability and rebalance the tax system, the carve-outs for newly built housing are already positioning off the plan apartments as one of the few remaining tax-effective property investment plays.

Under the changes handed down in the Federal Budget, investors purchasing established properties after budget night will no longer be able to access negative gearing benefits. The Government will also replace the long-standing 50 per cent capital gains tax discount with a new inflation-indexation model and introduce a minimum 30 per cent tax on gains from July 2027.

However, there is a major exemption.

Investors buying new builds, including off the plan apartments, will still be eligible for negative gearing and will be able to choose between retaining the current 50 per cent CGT discount or adopting the new indexed model.

That distinction is expected to reshape investor behaviour almost immediately.

For years, established housing has dominated investor purchases because of its perceived lower risk, immediate rental returns and stronger historical capital growth. But with the tax advantages now heavily skewed toward new housing supply, the economics are changing rapidly.

The Federal Government has been explicit about its intent.

“The housing market and tax system are broken,” Chalmers said ahead of the Budget, arguing that existing concessions were disproportionately rewarding speculation rather than supporting housing supply.

The Government says the reforms are designed to encourage investment into new housing rather than established stock, a move aimed at increasing supply during a prolonged housing shortage.

According to the official Budget papers, limiting negative gearing to newly built homes is intended to “better align tax incentives with housing supply objectives.”

For the apartment development sector, particularly the off the plan market, the changes could become one of the strongest investor tailwinds in years.

Developers across Sydney, Melbourne and Brisbane have spent the past two years battling elevated construction costs, higher interest rates and subdued investor confidence. Many projects have struggled to secure sufficient pre-sales to commence construction, particularly in markets heavily reliant on investor demand.

The Budget changes may now alter that equation.

Investors seeking tax-effective property exposure will increasingly find themselves funnelled toward newly built apartments simply because established dwellings no longer offer the same benefits.

Commonwealth Bank described the reforms as one of the most significant shifts to residential property investment settings in decades, noting that the package is centred around “limiting negative gearing for residential property to new builds” while replacing the existing CGT framework.

That could have profound implications for the apartment sector.

Off the plan apartments already hold several advantages for investors. Purchasers typically secure a property at today’s price while settlement occurs years later, allowing time for capital growth and reducing the upfront capital burden. Brand-new apartments also generally attract depreciation benefits, lower maintenance costs, and stronger appeal to renters seeking modern amenity.

Now, they may also become one of the only residential property types still offering the full suite of historical tax advantages.

Industry analysts expect investor demand to increasingly migrate toward projects that can clearly demonstrate strong rental demand, transport connectivity and long-term supply constraints.

The shift is likely to be particularly pronounced in apartment markets already underpinned by structural undersupply, including inner Brisbane, the Gold Coast, parts of Sydney’s Lower North Shore and select Melbourne precincts where new apartment commencements have collapsed over recent years.

The reforms also arrive at a time when apartment supply nationally remains critically constrained.

Australia is already struggling to meet the Federal Government’s target of delivering 1.2 million new homes over five years. Construction feasibility pressures have delayed or shelved thousands of apartments across the country, particularly as building costs remain elevated and financing conditions remain tight.

Critics of the Budget changes argue the reforms could reduce overall investor participation in the housing market and place upward pressure on rents by discouraging investment in established housing.

Some economists estimate the measures could reduce housing supply over the longer term if overall investor appetite weakens.

However, the Government is betting that redirecting investor capital into new housing supply will offset those concerns.

“To continue to incentivise construction of new housing, investors building new residential properties will be able to choose either the 50 per cent CGT discount or the new arrangements,” the Budget papers stated.

That wording has been closely watched by the development industry because it effectively positions new apartments as the preferred investment class within residential property.

For off the plan developers, the reforms could become a powerful sales tool.

Projects that have increasingly relied on owner-occupier demand may once again attract investors seeking to preserve the tax advantages still attached to newly built housing before the July 2027 changes take effect.

The reforms are also expected to sharpen the divide between established and new housing markets.

Rather than a broad investor retreat from property altogether, many analysts expect a redistribution of capital toward sectors still supported by Government incentives.

That could create stronger demand for apartment projects in key urban growth corridors and transit-oriented precincts where population growth, migration and rental shortages remain elevated.

The policy direction also aligns with the Government’s broader push toward increasing housing density in established urban areas.

Across Sydney, Brisbane and Melbourne, planning reforms are increasingly encouraging higher-density apartment development around transport infrastructure and activity centres. By maintaining tax incentives for new housing, the Federal Government is effectively reinforcing that agenda from a taxation perspective.

For apartment developers who have spent years navigating subdued investor confidence, the changes may ultimately become the catalyst that reactivates parts of the off the plan market.

While the broader property sector is still digesting the long-term implications of the Budget, one thing is already becoming clear.

The era of investors buying established apartments and houses primarily for tax advantages may be ending.

But for off the plan apartments, the investment story may just be beginning.

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Investors to flood off the plan apartment market?

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

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

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

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

National diversified developer <a href="https://www.apartments.com.au/developers/goldfields-group">Goldfields</a> has launched its latest Brisbane apartment project, <a href="https://www.apartments.com.au/new-apartments/quartet-milton-33-manning-street-milton-qld-4064">Quartet Milton</a>, marking its entry into the sought-after inner-city suburb just two kilometres from the CBD.

The circa $100 million development will rise 18 storeys and deliver 131 apartments, offering a mix of one, two-, and three-bedroom residences.

Ideally located on Manning Street, Quartet residents will be within 300 metres of Milton Station, 500 metres from the Milton Ferry Wharf, and a short walk to Milton Markets, the iconic Park Road, as well as a range of breweries and cafés.

[smartcode_project:default project_id=108736 project_image_fid=367993]

Designed by architecture firm <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> and brought to life by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, the building features a simple, gridded façade paired with generous glazing to enhance views, maximise aspect, and capture both sunrises and sunsets from within the apartments and their generously sized balconies.

Residents will have access to a 1,000 sqm rooftop, curated to balance wellness and entertaining, in response to increasing demand for wellness-focused shared spaces.

"We've approached Quartet Milton as a complete lifestyle offering, not just apartments, but a place where the design, amenities, and location all work together in a meaningful way," says Goldfields Managing Director Lachlan Thompson.

"Buyers are looking for that sense of confidence, knowing the vision has been carefully thought through not just by us as developers, but by all our consultants appointed to bring this together, and that it will be delivered to the standard they expect."

[smartcode_project:default project_id=108736 project_image_fid=368000]

Cera Stribley Co-Founder and Managing Principal Domenic Cerantonio said the rooftop is designed to feel like a place "you'd genuinely use every day."

"A 25-metre pool framed by city and mountain views, wellness areas, and private dining spaces for evenings with friends create a setting designed for year-round comfort and effortless Brisbane living."

[smartcode_project:default project_id=108736 project_image_fid=367999]

In addition to the 25-metre pool, the rooftop will include a sauna, cold plunge, fully equipped gym, and zen gardens, all complemented by panoramic views of the city and river.

While the building is expected to appeal predominantly to owner-occupiers, Goldfields anticipates interest from investors seeking strong rental returns, driven by the project's design, location, and the city's projected capital growth in the lead-up to the 2032 Brisbane Olympics.

[smartcode_project:default project_id=108736 project_image_fid=367991]

<a href="https://www.apartments.com.au/developments/milton-qld-4064">Milton</a>, widely regarded as one of Brisbane's most desirable inner-ring suburbs due to its lifestyle offering and proximity to the CBD, has experienced a shortage of new apartment supply in recent years.

Goldfields is already active in the Brisbane residential market through its Ripley Valley masterplanned community, Hayfield. The 109-hectare neighbourhood is already home to more than 300 families and features a large community park.

Plans for the precinct include a 4 km running track, future schools, and retail and commercial amenities, all within a 35-minute drive of the Brisbane CBD.

Goldfields also plans to deliver a new mixed-use tower at 88 Robertson Street in Fortitude Valley, within the James Street precinct. The project will include 16,000 sqm of boutique commercial space, a level of wellness facilities, and a rooftop restaurant and event space, akin to Goldfields House in South Yarra, its flagship mixed-use development on Chapel Street, which is crowned by the Beverly Rooftop bar, one of Melbourne’s best-known venues.

[smartcode_project_cta:default project_id=108736]

Goldfields sets the stage as Quartet Milton launches

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?

Most known for where Chris Hemsworth lives, Byron Bay is set for a rare apartment development which will benefit the part-time investor, part-time holiday maker.

The Sydney developed Podia has launched The Barbotine, a collection of hotel-style apartments which operate in a similar vein to Airbnb, but will be managed more like a hotel when the apartment owner isn't in residence.

Podia had The Calile Hotel, Brisbane designers, Richards &amp; Spence, create the project at 116-118 Jonson Street, next to Mercato on Byron, the most used gateway into town. There will be just 41 apartments on offer across three low-rise levels, anchored by a landscaped central courtyard which will meet a mix of public retail, wellness and dining venues.

There are two, three and four-bedroom hotel-apartments, which offer an alternative to Airbnb ownership. Buyers will be able to own their own hotel residence to use as both a part-time personal Byron retreat and also use as an income stream when not using the property.

<a href="/new-apartments/the-bonobo-by-raes-byron-bay"><img alt="" data-entity-type="" data-entity-uuid="" height="1064" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-07-25_at_9.41.54_am.png" width="1452" /></a>

Podia director Michael Grassi said The Barbotine intentionally redefines the hotel experience and curates an unforgettable destination in Byron Bay that can be enjoyed by everyone.

“The Barbotine is a new concept catering for guests who want the intimacy and home away from home feel of an Airbnb, but with the service of a boutique luxury hotel; and for investors who want the returns of an incredible holiday property but without the hassle of upkeep and security," Grassi said.

The dual key apartments allow apartments to be divided into two completely separate apartments, while also cater for larger groups.

<a href="/new-apartments/the-bonobo-by-raes-byron-bay"><img alt="" data-entity-type="" data-entity-uuid="" height="1098" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-07-25_at_9.41.59_am.png" width="1658" /></a>

The hotel will be managed by Jeremy &amp; Jones, purveyors and operators of independent luxury hotels and deliver a guest experience unlike any other that is expected to make it a premier accommodation choice in a town where hotel-style tourism accommodation is scarce.

Jeremy &amp; Jones Director Jeremy Holmes said this is apartment living delivered through the lens of a hotelier.

"Not only will guests enjoy the kind of luxury personalisation you’d expect of a hotel, but owners visiting for the weekend benefit from a concierge they can instruct from afar to have a surfboard tucked away in their room ready for their arrival,” Holmes said.

<a href="/new-apartments/the-bonobo-by-raes-byron-bay"><img alt="" data-entity-type="" data-entity-uuid="" height="1110" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-07-25_at_9.42.06_am.png" width="1996" /></a>

A communal rooftop crowns the building and features a central swimming pool set amid landscaped surrounds, with private rooftop terraces adding further amenity.

Construction is expected to commence mid-2022, targeting a completion in late 2023.

The Sydney developed Podia has launched The Barbotine, a collection of hotel-style apartments which operate in a similar vein to Airbnb, but will be managed more like a hotel when the apartment owner isn't in residence.



Rare Byron Bay off the plan apartment development an alternative to Airbnb management

The Sydney-based IPM has secured approval&nbsp;for their new Coogee project.

Randwick Council gave the green light to IPM to create a three-level, 20-apartment building at&nbsp;201-207 Carrington Road, halfway between Coogee Beach and Randwick.

The privately owned development and investment group will add to their already impressive portfolio which includes in excess of $2.5 billion worth of real estate projects.&nbsp;

There will be a mix of one, two and three-bedroom apartments in the block across the 2268 sqm site, which currently homes four single dwellings.

Paul Buljevic Design (PBD) designed the building, which will connect to its surrounding context through landscaping and&nbsp;a three-pod approach, allowing for full breaks between buildings, as well as giving relief to the bulk of the built form.&nbsp;

"The interplay of planes and introduction of finer vertical grains to the front facade breaks down the bulk further, along with creating a defined entry point to the building," the design statement read.

Each apartment is orientated toward the north, enhancing cross flow ventilation, solar access, and views.&nbsp;

"The design of the proposal responds to the current market demands, in relation to typologies and living patterns currently established in the local area, with apartments generously sized, following an open-plan layout, that maximises the use of the north-facing layout," the statement noted.

IPM has made themselves at home amongst the affluent suburbs over the years, with a portfolio featuring some of the most sought-after addresses.&nbsp;

Developing in some of Sydney's best beachside pockets, the group has taken up a number of projects from Sydney's east to as far north as Palm Beach.

Their latest is in Mona Vale, in the heart of the Mona Vale Town Centre on the Northern Beaches. They'll be delivering apartments above retail at&nbsp;19 Bungan Street. Their Palm Beach project on Barrenjoey Road will&nbsp;comprise just eight&nbsp;apartments, each with panoramic views across the waters of Pittwater.

The group will also build on a Newport site at&nbsp;11-17 Ocean Avenue which will home "coastal-inspired residences."

The privately owned development and investment group will add to their already impressive portfolio which includes in excess of $2.5 billion worth of real estate projects


IPM secure approval for Coogee apartments 

Buying a home is likely the biggest purchase one will make in their lifetime.

And while the off the plan property market is quickly tarnished in the media, the truth is less than one percent of developments across Australia will face extensive defects, and the chances of those coming from a reputable developer are slim to none.

But now prospective buyers will be able to buy with full confidence and transparency of who they are buying from. Data analytics house Equifax, backed by the NSW Government, have created an independent construction industry ratings tool, or iCIRT,&nbsp;a star rating outcome on a firm&rsquo;s capability and willingness to deliver reliable and trustworthy built assets.

Equifax do a full sweep of the developer or builder with a fine tooth comb, analyzing their&nbsp;full&nbsp;financial and development history,&nbsp;before they are given the accreditation.

Urban Property Group CEO Patrick Elias says it&#39;s great to have a list that allows consumers a way of verifying developers past just the marketing.

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&quot;Unfortunately, the industry has been plagued with bad press from a few bad players which has concerned buyers. It is important for the development industry as a whole to give confidence back to consumers so that off the plan sales can start to gain momentum. More importantly it gives consumers a choice when looking to purchase.&quot;

Elias acted swiftly to secure the status as soon as it was announced.

&quot;By becoming an early adopter, we believe it really demonstrates the confidence we have in our business and brand.&quot;

One of Sydney&#39;s most prominent developers, Deicorp, were another among the first to apply and secure their rating.

Deicorp Chief Financial Officer Bruce Rayner said the list is an incredibly valuable tool for purchasers.

[smartcode_project:default project_id=29984 project_image_fid=170448]

&quot;It&#39;s a simple, ready reckoner of which builders and developers have the confidence to submit their business for assessment,&quot; Rayner says.

Deicorp have developed and delivered over 8,000 apartments since 1999, and Rayner says they understand&nbsp;how important purchaser confidence is in the buying decision.

&quot;Anything that helps buyers have confidence in their choice is very positive,&quot; Rayner added.

Rayner says that already&nbsp;some buyers are looking for rated developers when buying off the plan.

&quot;Over time, it will commonplace for buyers to seek out developers who have achieved a positive rating.&quot;

Another who moved quickly was the North Sydney-based Made Property Group, who have been creating high-end, multi-residential developments across Sydney for over two decades.&nbsp;One of their most recent was Crenelle, the luxury Neutral Bay collection of just 11 house-sized apartments.

[smartcode_project:default project_id=23288 project_image_fid=194336]

Made also applied for the iCIRT rating&nbsp;soon as the accreditation was available.

&quot;We always had every intention of seeking to gain a rating as we see it as the most important new initiative in our industry in a long time,&quot; Made&#39;s Managing Director Davin Finn said.

&quot;Whilst the assessment was rigorous, time-consuming and thorough, if you have all the information, systems and processes ingrained in your business already and the performance history in place, it is a reasonably simple process. If you don&rsquo;t however, there is no hiding.&quot;

Finn said consumers deserve to have a high level of confidence and trust in their decision to purchase an off the plan property.

&quot;Purchasing a home is most likely the single biggest purchase anyone makes in their lifetime and to make the decision to purchase off the plan from a glossy brochure or display suite can seem a real leap of faith and can often feel like a gamble. It shouldn&rsquo;t ever be that way.&nbsp;It should be a time of excitement not trepidation or simply hoping for some luck.

&quot;The companies that achieve an iCIRT rating are the ones that have been proven to deliver on the marketing material promised at time of purchase.&quot;

<div>
Finn thinks it&#39;s crucial the industry promotes the existence of the rating system and advocates for consumers to deal with developers and builders from the list.&nbsp;

&quot;Whilst most purchasers will do their own due diligence, nothing can replace a rigorous and independent rating system which requires the industry to fully participate and engage and be marked on past performance, current and future capabilities, and open their financial books and businesses processes to a third party for assessment.

&quot;The independent rating system now provides a very useful tool for consumers to enable them to make informed decisions about who and what they choose to purchase and enable them to have confidence in that decision&quot;

[smartcode_project:default project_id=27691 project_image_fid=188218]
</div>

TOGA are currently working through the process. Their&nbsp;General Manager of Sales Anthony Falas says there will come a point in the future where people will only purchase off developers on the rating system, and everyone else will carry a risk having not been independently verified.

Dasco has been given a rating&nbsp;for its building arm, and is working through the process to get their developer status added. Platino Properties, who primarily develop in the lower north shore, also made the list.

Dasco&nbsp;General Manager, Martin Vaughan said the status&nbsp;is an important part of the group&#39;s future planning to be well-recognised not only by its industry peers, but also by the broader community.

&quot;DASCO has been an active participant in the industry since 1993. To be able to participate in the assessment process and be accredited by an independent body is important in maintaining our reputation for quality and security. To have been awarded a 4.5 Star rating is a significant achievement,&quot; he said.&nbsp;

[smartcode_project:default project_id=94147 project_image_fid=197727]

Vaughan&nbsp;outlined the assessment process as extremely rigorous, with&nbsp;an in-depth examination of all elements of Dasco&#39;s operation.

&quot;The Company was judged for its building quality and practices as well as its financial stability to provide an overall picture of the Company&rsquo;s recent and long-term performance,&quot; he added.&nbsp;

&quot;Dasco&#39;s Executive Directors&nbsp;saw this as an intrinsic step in demonstrating DASCO&rsquo;s credibility but also supporting the changes currently underway in the industry.&quot;

Vaughan said there were obvious benefits for the company to be highly rated by independent review, forming a significant part of the evaluation process for a potential buyer.&nbsp;

&quot;As more and more buyers become familiar with the rating system and understand it&rsquo;s reliability, it could become a significant list of reference to buyers seeking to by off-the-plan.&quot;

&quot;As the media and the NSW Building Commissioner continue to uncover more and more projects with structural issues, buyers will continue to feel apprehensive about buying off-the-plan unless a builder/developer has been deemed &lsquo;trustworthy&rsquo; by accredited parties,&quot; Vaughan said.&nbsp;

[smartcode_project:default project_id=6912 project_image_fid=153922]

Urban Property Group CEO Patrick Elias says it's great to have a list that allows consumers a way of verifying developers past just the marketing

How iCIRT is changing the off the plan industry for the better: The Sydney developers to first secure the accreditation

Buyers at Kokoda Property&#39;s Malvern Collective, on the southern end of the dress circle Glenferrie Road, will be offered the ultimate convenience, with Woolworths signing as anchor tenant at the new mixed-use project.

The 600 sqm Woolworths Metro will adjoin&nbsp;the precinct&#39;s central piazza,&nbsp;a mix of high-end food and entertainment-focused specialty retailers, which connect via laneways to Glenferrie Road and offers direct commuter access to Malvern train station.

Malvern Collective will home 265 residences across its JCB-designed tower, with interiors by Carr Design.

[smartcode_project:default project_id=12457 project_image_fid=200172]

Kokoda Property&rsquo;s founder and managing director, Mark Stevens, says as the largest privately led urban renewal development in the suburb&rsquo;s history, Malvern Collective is set to restore a significant part of Malvern&rsquo;s original high street.

&ldquo;The arrival of Woolworths is testament to our group&rsquo;s vision to reinvigorate this prominent section and bring it back to its former glory,&rdquo; Stevens said.

Today with a median house price of $3.1 million, Malvern is a highly sought-after lifestyle suburb.

[smartcode_project:default project_id=12457 project_image_fid=200188]

&ldquo;Malvern Collective presents a rare opportunity to introduce luxury apartments alongside carefully curated fresh food retail, health and wellness services, and high-end food and entertainment offerings,&rdquo; Stevens added.

&ldquo;Ultimately, this is about place making and bringing together the fundamental elements that contribute to community wellbeing, and reflecting where the suburb&rsquo;s culture, design and demographic are moving.&rdquo;

Furthermore, approximately 1.1 million passengers use Malvern station each year &ndash; representing an average of 3,000 commuters per day. This number is set to increase when the $2.7 billion Metro Tunnel project is completed in 2025.

[smartcode_project:default project_id=12457 project_image_fid=200159]

&ldquo;The precinct will not only reinvigorate the southern end of Glenferrie Road, but also create considerable convenience, connectivity and amenity to commuters who frequent Malvern station,&rdquo; Mr Stevens said.

Early site works commenced at Malvern Collective in 2020 with the $1 million refurbishment and reopening of the suburb&rsquo;s oldest pub, The Angel. The historic watering hole reopened in March with a new front bar, kitchen and head chef, alongside regular live entertainment.

The next phase of construction has commenced earlier this year, with the mixed-use development scheduled for completion in Q1 2024.

[smartcode_project_cta: project_id=12457]

Malvern Collective will home 265 residences across its JCB-designed tower, with interiors by Carr Design

Kokoda Property secure Woolworths as anchor tenant at Malvern Collective development

North-facing, sustainable and walking distance to great amenities – these are the features we like to hear when looking for a brand new property.&nbsp;Recently we were invited to check out&nbsp;the beautiful display suite of Iris Residential's latest development, The Terraces, Claremont.&nbsp;

Take a look at our recent display suite tour:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/8UI9j2HAAyE" title="YouTube video player" width="660"></iframe>

<h2>THE TERRACES AT A GLANCE</h2>

Address:&nbsp;3 Shenton Road, Claremont WA 6010 
Developer:&nbsp;Iris Residential 
Architect:&nbsp;Hassell&nbsp;

[smartcode_project_cta: project_id=111894]

Crafted with the owner-occupier in mind, the Hassell-designed development features 137 residences, with a diverse collection of 1, 2 and 3 bedroom floorplans to choose from. As you can already tell from the display suite, the homes feature generous rooms with plenty of storage and flexible living spaces.

In the kitchen, you'll love cooking with Smeg's top-of-the-line Dolce Stil Novo range, with particular attention to storage solutions and quality finishes.&nbsp;

[smartcode_project:default project_id=111894 project_image_fid=190166]

The bathrooms feature full wall and floor tiling, and include elevated details such as the floor-to-ceiling frameless shower glass and built-in shower recess, as well as LED feature lighting.&nbsp;

You'll have three timeless colour schemes to choose from, and can buy with confidence knowing your home has been built with sustainability at the forefront of design. The Terraces achieves a 8.05-star average&nbsp;NatHERS rating, plus a 35% reduction in energy use, and solar to reduce power consumption in common areas.&nbsp;

[smartcode_project:default project_id=111894 project_image_fid=190176]

On-site, you'll also have access to two private landscaped podiums, a resident's lounge, a bookable dining area, and a gymnasium.

The location is perfectly positioned within minutes from Claremont Quarter, one of Perth's top luxury shopping precincts. You're also within walking distance to Claremont Station and an IGA supermarket and a stone's throw to the Aquatic Centre, Claremont Oval, the local Golf Course, and in the catchment of the prestigious Scotch College.&nbsp;&nbsp;

[smartcode_project:default project_id=111894 project_image_fid=190170]

The Terraces is on track for completion late 2024, so now is the perfect time to enquire early to secure your new home.&nbsp;

Olivia Round

Display Tour Video: The Terraces by Iris Residential at 3 Shenton Road, Claremont, WA

Developer 3L Alliance has picked up the highly-coveted Residential High Rise Development award at the 2022 Asia Pacific Property Awards for its recently completed Queens Place Tower 1 in Melbourne.

The award was officially presented at the 2022 Asia Pacific Property Awards ceremony held in London.

Known as the largest, most prestigious, and widely recognised awards program, the Asia Pacific Property Awards are judged by an independent panel of over 80 industry experts with criteria spanning design, quality, service, innovation, originality, and commitment to sustainability.

[smartcode_project:default project_id=2806 project_image_fid=175415]

Completed in January, 2022 by leading global construction company, Multiplex, Queens Place Tower 1 is the first residential tower in 3L Alliance’s $1 billion landmark mixed-use development in Melbourne’s CBD.

Prominently located at 350 Queen Street at the verge of Flagstaff Hill, the development comprises 819 apartments within a tower spanning 80 levels set above a six-level commercial and retail podium. Once complete, Queens Place will be the tallest twin skyscrapers in Australia.

“Queens Place began with a vision to create an authentic site response for one of the most coveted locations in Melbourne’s CBD, and almost five years later, now stands as a compelling architectural statement that many residents are now proud to call home," 3L Alliance Chief Executive Arthur Williams says.

[smartcode_project:default project_id=2806 project_image_fid=175419]

3L Alliance is honoured that our vision for Queens Place has been recognized on an international stage – not only for its’ stature and scale, but also for its’ purposeful ground level activation, which has contributed to the distinct local character and lifestyle by introducing vibrant new site links and public open spaces."

Designed by Cox Architecture, Fender Katsalidis, Queens Place features 6,000 square metres of commercial office space, a retail precinct, a public plaza with a laneway, and luxurious lifestyle amenities such as private cinemas, library, poker and mahjong room, private garden terraces, karaoke suite and resident gym.

Queens Place also comprises exclusive double-height amenities on Levels 51 and 52, including a pool, spa, sauna, dining rooms and exclusive resident lounge with views over the Melbourne CBD skyline.

[smartcode_project:default project_id=2806 project_image_fid=175420]

The building’s striking aesthetic required meticulous attention to detail, with Multiplex installing several hundred architecturally designed fins, a signature feature of the design.

The distinct curtain wall façade of Queens Place includes over 11,000 custom-made façade panels, while a custom anodised aluminium ‘Lantern’ roof screen on Level 80 provides another unique feature for the precinct.

The main feature lobby entrance contains over 2,000 individual anodised aluminium extrusion light fittings along with crafted Italian marble stone slabs on the walls and columns.

[smartcode_project_cta: project_id=2806]

The building’s striking aesthetic required meticulous attention to detail, with Multiplex installing several hundred architecturally designed fins, a signature feature of the design

Queens Place takes out Residential High Rise Development award at 2022 Asia Pacific Property Awards

Topping out ceremonies are a time-honoured tradition that signify the successful completion of the structural phase of a project.

For centuries, these ceremonies have celebrated the moment a structure reaches its highest point, marking this milestone of construction and granting the opportunity for the individuals involved in the construction of the project to celebrate the progress made.

Modern day, topping out ceremonies are celebratory affairs that bring together project teams to observe the progress made on site, as well as an opportunity to thank the people involved in erecting the structure.

In June, Bensons Property Group and Hickory celebrated the topping out of Liberty One, Bensons contemporary Footscray apartment development.&nbsp;

[smartcode_project:default project_id=709 project_image_fid=200205]

In honour of tradition, tree or sapling branch are still included in these ceremonies. In Liberty One&rsquo;s case, a native gum tree was brought in to honour not only this tradition but pay respect to the traditional land the project stand on.

Rick Curtis, Bensons Property Group Managing Director, said the team&nbsp;are proud to have arrived at this tremendous milestone of topping out the construction of Liberty One at Footscray.

&quot;This ceremony is symbolic in many ways, but is especially importantly it is a celebration of the support provided by all of those involved in the project,&quot; Curtis said.

&quot;It is through their hard work and perseverance that it is successfully moving to completion.

&quot;Liberty One will be a landmark of the inner west of Melbourne that will welcome a lively community of new residents.&rdquo;

[smartcode_project:default project_id=709 project_image_fid=200206]

There are sweeping views back to the Melbourne CBD from the Liberty One rooftop, as well as over Flemington Racecourse.

Liberty One rises 24 levels from its Warde Street site, set near the burgeoning Joseph Road precinct, some 12,000 sqm&nbsp;of restaurants, cafes and wine bars, three new parks, yoga studios, gyms and a large-scale commercial supermarket.

Liberty One&nbsp;was designed by&nbsp;CHT Architects, whose&nbsp;design intent was to create a building that reinforces the metaphorical link between the flow of the river and the dynamic culture of&nbsp;Footscray.

Residents are connected to the surrounds both inside and outside of their apartments. Each apartment features floor to ceiling windows, spacious terrace balconies and the latest in smart home technologies.

[smartcode_project_cta: project_id=709]

Rick Curtis, Bensons Property Group Managing Director, said the team are proud to have arrived at this tremendous milestone of topping out the construction of Liberty One at Footscray

Liberty One, Footscray apartment development, tops out

Strong population growth, a fast-growing economy and more than $20 billion in infrastructure and investment ahead of the 2032 Olympic Games will continue to drive the Gold Coast property market over the next decade, according to a new report by Colliers.

With vacancies in both the commercial and residential property sectors at new lows, Colliers&rsquo; latest Gold Coast Market Overview forecasts the city will continue outperforming the rest of the country, becoming&nbsp;the epicentre of the post-COVID recovery for investors and national developers.

&nbsp;

[smartcode_project:default project_id=107520 project_image_fid=183047]

The Colliers report says confidence in the market is supported by the Gold Coast Metro residential vacancy rate which has halved to 0.4 per cent over the past year and is now well below Sydney Metro (1.6 per cent) and Brisbane Metro (0.7 per cent).

However, the report warns that rising costs could stall future residential developments, which could further fuel the supply and demand imbalance already impacting the market.

&ldquo;Despite the headwinds facing the residential sector nationally, the forward-looking fundamentals of the Gold Coast market are as robust as we have seen at any other time in the past two years,&rdquo; said Colliers Director, Steven King.&nbsp;

&nbsp;

[smartcode_project:default project_id=108640 project_image_fid=186593]

&ldquo;The city&rsquo;s expected population growth over the next decade will continue to drive demand for housing at a time when supply remains very tight and vacancy rates are at record lows.&rdquo;

The Colliers report reveals that the Gold Coast is on track to grow its population by 145,000 to almost 800,000 by 2032 as the region plays host the Olympic Games.

That&nbsp;means the Gold Coast will need to accommodate an average of 14,500 additional residents every year until the Games.

&nbsp;

[smartcode_project:default project_id=107928 project_image_fid=184934]

With the median price of homes on the Gold Coast at $940,000, the demand shift to apartments will increasingly fill the gap of affordability for new residents, the report finds.

The Gold Coast&rsquo;s economic dynamo is expected to drive the population and property boom over the next decade with the city&rsquo;s economic growth rate currently outpacing those of Melbourne, Sydney and Brisbane, with the Gold Coast economy doubling&nbsp;over the past 10 years to $39.24 billion, accounting&nbsp;for more than 10 per cent of the Queensland economy.

The economy is forecast to grow by 5.6 per cent in 2022, driven by a broad-based recovery of the tourism sector and significant expansion of the healthcare sector which has been the fastest-growing sector of the Gold Coast economy over the past five years.

&nbsp;

[smartcode_project:default project_id=107928 project_image_fid=180734]

The Gold Coast has added 15,600 jobs in the 12 months to the end of March, bringing the city&rsquo;s workforce to 302,397 &ndash; or almost half its resident population of more than 643,000.

The Colliers report has highlighted $20.9 billion in public and private infrastructure spending as the catalyst for sustained growth from projects such as the Southport CBD rejuvenation ($5 billion), Gold Coast Health and Knowledge Precinct investment ($5 billion), Olympic rail infrastructure upgrade ($2.2 billion) and the stage three extension of the Gold Coast light rail ($1 billion).

&ldquo;The improved regional transport infrastructure will positively impact the scale and investment profile of the local property market, attracting capital from institutional investors,&rdquo; said King.

&nbsp;

[smartcode_project:default project_id=107520 project_image_fid=189933]

&ldquo;More jobs, more people, a bigger economy, improved infrastructure and higher demand from businesses will be the key drivers of growth. Infrastructure spending for the Olympics will play a significant role in this growth, but even without this in the mix, the Gold Coast is still the best placed market for growth in Australia in the near term.&rdquo;

The Colliers report finds that lifestyle buyers continue to flock to the Gold Coast post pandemic, inspired by the &lsquo;work from home&rsquo; phenomenon.

&ldquo;Rising interest rates will have some effect on residential demand, and we&rsquo;re seeing that in Sydney and Melbourne,&rdquo; said King.

&ldquo;However, despite the gains we&rsquo;ve seen on the Gold Coast in the past two years, property affordability remains compelling to interstate buyers who are also attracted by a city that is firing on all cylinders.&rdquo;

With vacancies in both the commercial and residential property sectors at new lows, Colliers’ latest Gold Coast Market Overview forecasts the city will continue outperforming the rest of the country



$20 billion infrastructure boom to keep the Gold Coast property market firing: Colliers

Melbourne&rsquo;s Carter family and luxury property developer Orchard Piper have entered into a partnership to undertake a $300m redevelopment of 448 St Kilda Road, one of the last remaining parcels of land on the coveted boulevard.

Spanning 2,400 sqm, the submitted plans will include a contemporary 5-star hotel, along with Orchard Piper residences which will see residents set to benefit from hotel services and amenities. The project will also comprise a 500 sqm day spa, mezzanine restaurant and bar, street level caf&eacute;, and exceptional health and wellness amenities with conferencing and event facilities.

Orchard Piper has appointed world-renowned Kerry Hill Architects (KHA) to deliver what will be its first project in Melbourne.

Orchard Piper Director Luke McKie says&nbsp;

&quot;This property is in the most premium residential section of St Kilda Road, between Toorak and Commercial Roads - with Fawkner Park, Albert Park and the Botanic Gardens all within walking distance,&rdquo; says Orchard Piper Director Luke McKie.

&ldquo;We are proud to welcome Kerry Hill Architects to Melbourne, a firm we&rsquo;ve long admired for its design integrity and rigour. This building will be a streetscape asset and beautiful addition to Melbourne&rsquo;s rich architectural lineage.&rdquo;

<a href="/new-apartments/the-carter-building-st-kilda-road-448-st-kilda-road-melbourne-vic-3000"><img alt="" height="1084" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-24_at_9.09.11_am_0.png" width="878" /></a>

Fellow director Rick Gronow says Orchard Piper and the Carter family has a&nbsp;shared vision for the site and are looking forward to delivering an outstanding building on this long-held land.

Situated in the epicentre of Melbourne&rsquo;s sporting and entertainment heartland, the project will specifically aim to service the myriad of world-class events that Melbourne hosts and will act as an added drawcard for those looking to experience premium hospitality and spa offerings.

KHA, known for designing international 5-star luxury hotels for over 40 years, including global luxury chain Aman Hotels, will showcase its expertise with a design that pays homage to quintessential Melbourne characteristics.

A central component of the design will centre around bluestone, with the building&rsquo;s exterior set to be derived from locally sourced, sawcut bluestone - a nod to St Kilda Road&rsquo;s earliest and most notable buildings including the Victoria Barracks, Melbourne Grammar School and the National Gallery of Victoria.

The Carter family is no stranger to the hotel game, with the family&rsquo;s 60-year long property history including, amongst other projects, the development of luxury boutique hotels Tingirana and Seahaven in Noosa, as well as the landmark residential project, Albert Tower in Melbourne.

Signalling its confidence in the project, Orchard Piper and the Carter family intend to co-own the hotel, restaurants, and spa as long-term assets. The Carter family says they&nbsp;have formed a strong relationship with Orchard Piper for over 15 years.

&quot;We have a joint appreciation for Melbourne as a city, as well as the architecture and buildings that define it, and we look forward to delivering a diverse mixed-use offering that will service locals and the broader market,&rdquo; the&nbsp;family adds.

Permit applications for 448 St Kilda Road are slated to be secured later this year, with construction planning to commence in Q1 of 2024.

Orchard Piper recently secured the Mercedes Benz dealership in Toorak for&nbsp;$67 million, with a view to create a new mixed-use precinct.

The sprawling 3,600 sqm&nbsp;site at 7-11A and&nbsp;17-19 Carters Avenue, in the heart of Toorak&#39;s retail and commercial precinct, will see&nbsp;$150 million worth of luxury apartments developed, as well as offices and shops, to revamp the village as a vibrant and modern-day high street.

Orchard Piper has appointed world-renowned Kerry Hill Architects (KHA) to deliver what will be its first project in Melbourne.

Orchard Piper and Carter Group set for $300 million St Kilda Rd hotel and apartments

The now national apartment developers,&nbsp;Sun Property Group, are heading back to Sydney’s Lower North Shore for their latest residential project, with plans submitted for a nearly 1600 sqm site in Mosman.

The group has previously developed in the area, with their award-winning central junction apartments, Ashton - which were named in honour of artist and teacher Julian Ashton – also in Mosman, along with projects across Cremorne, Lane Cove and Willoughby.

SPG’s latest acquisition at 64-66 Spit Road is the home of the old Mosman Post Office, which will be transformed into 34 luxury apartments, along with retail tenancy space.

<a href="/new-apartments/mosman-nsw-2088"><img alt="" data-entity-type="" data-entity-uuid="" height="794" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-23_at_4.37.29_pm.png" width="1582" /></a>

Render of the proposed apartment building at 64-66 Spit Rd, Mosman. Credit: a+ design group

Sydney-locals, A+ design will handle the design of the mixed-use site that SPG say will be developed to suit the owner-occupier and local business owner.

A mix of one, two and three-bedroom apartments will be on offer, ranging from 80 sqm to 125 sqm internally.

Each adjoins to generous winter gardens, which have been designed as an extension of the living spaces, so that views and outdoor living can be maximised.

Crowning the building will be a communal residents’ area, complete with dining space and seating areas, basking in landscaped gardens and greenery.

<a href="/new-apartments/mosman-nsw-2088"><img alt="" data-entity-type="" data-entity-uuid="" height="726" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-23_at_4.38.06_pm.png" width="1277" /></a> 
Render of the proposed apartment building at 64-66 Spit Rd, Mosman. Credit: a+ design group

The $28 million project will add to a growing list the group currently has in their pipeline.

Currently under-construction and designed again by a+ design, SPG will soon deliver a collection of apartments to Lane Cove, with, Lane Cove Central, along with 19 two and three-bedroom apartments at Neutral Bay with, Bala.

SPG recently branched out into the Melbourne market with Euroka in Toorak, one of Melbourne's blue chip suburbs.

[smartcode_project:default project_id=109759 project_image_fid=185211]

Euroka&nbsp;is inspired by Melbourne’s iconic Roy Grounds House – once home to one of Victoria’s most influential modern architects.

The renowned architect and design firm,&nbsp;Carr Design, has created the 10 luxury apartments, which includes two ultra-luxury penthouses.

They have another site in Toorak at 226-228 Williams Road which will also home&nbsp;a boutique apartment project.

Earlier this year they secured a Chatswood site with a view to create two towers and around 180 apartments.

A mix of one, two and three-bedroom apartments will be on offer, ranging from 80 sqm to 125 sqm internally.



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