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?

Following the successful stage one launch of its $800 million Broadbeach dual tower mega-development, Victoria &amp; Albert Broadbeach, developer Iris Capital has released the second and final collection of apartments in its mixed-use development.

Spurred by strong sales in the project&rsquo;s preliminary release of apartments in its Victoria tower, Iris&nbsp;has fast-tracked the launch of its sister-tower, Albert Residences, to meet growing demand for apartments on the Gold Coast.&nbsp;

[smartcode_project:default project_id=107928 project_image_fid=184935]

Albert Residences will feature 121 oversized apartments with its own private amenity, separate from the Victoria offering,&nbsp;including a 25-metre heated lap pool, spa, lounge, wine cellar, gym, zen garden, steam and sauna rooms, fire pit and yoga studio, all across the level four floorplate. &nbsp;

The entire level 40 rooftop enjoys private dining space and a chef&rsquo;s kitchen, along with indoor and outdoor barbecue areas, an extensive sky lounge, cellar, cards room, library, as well as multiple indoor and outdoor entertaining areas.

[smartcode_project:default project_id=107928 project_image_fid=198887]

While the neighbouring Victoria Residences were designed primarily to cater to a lifestyle residence market, Albert is dedicated exclusively for the owner-occupier to gain a foothold in the rapidly transforming cosmopolitan heart of the Gold Coast.

Interstate buyers have led the charge on the V&amp;A apartments to date, however Residential director of Colliers Gold Coast, David Higgins said they were anticipating an influx of local interest in the owner-occupier collection in the newly released Albert Residences.

&ldquo;Strong enquiry and sales have been driven predominantly by end-users and lock and leave buyers out of NSW and Victoria, attracted to the prime location and world class amenity on offer,&rdquo; he said.

[smartcode_project:default project_id=107928 project_image_fid=198886]

&ldquo;Given the severe lack of new apartment product across the Gold Coast, we anticipate Albert will be met with fierce interest by local buyers who recognise the value and scarcity of quality apartment stock at the moment.&rdquo;

Albert will comprise a mix of two and three-bedroom apartments, along with upper residences available in three-bedroom-plus-MPR and four-bedroom configurations.

&ldquo;The strength of V&amp;A&rsquo;s launch is a testament to the development&rsquo;s ability to complement the lifestyle and convenience of its location in the heart of Gold Coast&rsquo;s cosmopolitan centre, and the enduring strength of the Gold Coast market,&rdquo; said Higgins.

[smartcode_project:default project_id=107928 project_image_fid=198888]

The dual tower mega-development will deliver two individually crafted towers across 56-storeys in Victoria and 40-storeys in Albert, in addition to an activated ground-plane with high-end retail, dining, and commercial office space.

[smartcode_project_cta: project_id=107928]

Iris has fast-tracked the launch of its sister-tower, Albert Residences, to meet growing demand for apartments on the Gold Coast


Iris Capital launch second tower in V&A Broadbeach, with critical timing to a growing stock shortage 

KM Develop, the development arm of investment and advisory firm KordaMentha, has recently launched its luxury Ashburton apartment project to the market.

The development, known as Chapter, delivers a boutique collection of just 24 one, two and three-bedroom apartments at 363-367 High Street, Ashburton - in the heart of Melbourne&#39;s&nbsp;thriving southeast.

KM Develop&#39;s Managing Director Steven Wong says Chapter is a rare offering for Ashburton and surrounding suburbs.

[smartcode_project:default project_id=105071 project_image_fid=198018]

&quot;Apartment projects of this quality do not exist in Ashburton&quot; Wong says.

&quot;The options for people to downsize within this area are very limited. People love living in Ashburton because of it&#39;s&nbsp;great vibe and strong sense of community. We saw an opportunity to fill a gap and to provide high quality apartments equal to those you see in Glen Iris, Malvern and Camberwell.&rdquo;

Wong says Ashburton and the location of &lsquo;Chapter&rsquo; is similar, if not better to other high end apartment projects you see along High Street and Malvern Road in Glen Iris and Toorak Road in Camberwell.&nbsp;

[smartcode_project:default project_id=105071 project_image_fid=198015]

&quot;We can offer the same quality and amenity at Chapter for a far more affordable price, and there is far less competing projects in Ashburton which assists capital appreciation and rental values,&quot; Wong added.

Designed by renown architects Ewert Leaf, Chapter presents secure residences encased in a timeless fa&ccedil;ade, with spacious&nbsp; and well thought out open plan living arrangements, lots of natural light, generous private open spaces and high quality fixtures and fittings.

Ewert Leaf Managing Director, Will Leaf says &ldquo;Chapter incorporates a timeless fa&ccedil;ade and immaculate interiors reflecting an organic palette of warm timbers and natural stone, taking cues from the leafy surroundings of Gardiner&rsquo;s Creek, local parks and reserves set in amongst the heart of Ashburton.&rdquo;

[smartcode_project:default project_id=105071 project_image_fid=198021]

&lsquo;Chapter&rsquo; is being marketed and sold by Farey &amp; Co.&nbsp;

Director Jarrod Farey says Chapter is a high quality, boutique development in a fantastic location.&nbsp;

&quot;We&rsquo;ve had some strong success to date and the majority of the buyers have been downsizers and owner occupiers attracted by the amenity, surrounding the project, the generous apartment sizes, design quality and value,&quot; Farey says.

Green spaces and landscaping has been designed by John Patrick Landscape Architects.

[smartcode_project:default project_id=105071 project_image_fid=198012]

&ldquo;Chapter&rsquo;s generous outdoor spaces have been designed to foster a seamless connection between in and out,&quot; Farey added.

&quot;The plant palette features lush, fast growing vegetation that will provide a wonderful sense of tranquillity, and an exceptional level of privacy.&rdquo;&nbsp;

The site has been cleared in preparation for the commencement of construction. Hamilton Marino, one of Victoria&rsquo;s most respected residential apartment builders has been earmarked for the project.&nbsp;

Completion is slated for third quarter 2023.

[smartcode_project_cta: project_id=105071]

Nestled within walking distance from the lively Ashburton village hub and the convenience of the Ashwood retail strip, KM Develop’s Chapter residences have been designed with the owner-occupier in mind.


A new Chapter for Ashburton

The wave of low-rise apartment developments in the best pockets in Mermaid Beach is continuing.

The new plans are on the exclusive Albatross Avenue, the beachside strip just south of&nbsp;Hedges Avenue, dubbed the millionaire&#39;s row of Mermaid Beach. Albatross is still revered, considered the next best street in the small Gold Coast enclave.

The latest plans has been filed by a company co-directed by Alroe Constructions&#39; Tye Alroe, who is seeking to create a four-level, eight-apartment project at 120-122 Albatross Avenue.

<a href="/new-apartments/120-122-albatross-avenue-mermaid-beach"><img alt="" height="602" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-14_at_9.20.40_am.png" width="1118" /></a> 
Render of the proposed development at 120-122 Albatross Ave, Mermaid Beach.&nbsp;

There will be just two apartments per floor.

The design statement from Impact Design the two per floor villas will&nbsp;provide a high standard of liveability and generate an appropriate scale in the developing context.

&ldquo;The villas provided are large liveable dwellings that can cater for families and focus on maximising natural ventilation and natural light,&rdquo;

Each villa will feature open plan living arrangements with dining, living and kitchens opening onto generous outdoor living spaces.

The three-bedroom villas all consist of two-and-a-half bathrooms, with villas three to eight also including an additional multi-purpose area.

<a href="/new-apartments/120-122-albatross-avenue-mermaid-beach"><img alt="" height="612" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-14_at_9.20.35_am.png" width="1102" /></a> 
Render of the proposed development at 120-122 Albatross Ave, Mermaid Beach.

Villas one and two feature plunge pools with private gardens and landscaping at the ground level, whilst both villas seven and eight have access to private roof terraces that home barbecue facilities, raised plunge pools and landscaped planter boxes.

Architecturally, the design is contemporary and minimal. Lending itself to the beachside locality, the building is characterised by white feature walls, timber look cladding, natural timber look screens, raw stone and a natural tonal palette.

&quot;The architectural language is contemporary and minimal with a beachside tone,&quot; the statement added.

<a href="/new-apartments/120-122-albatross-avenue-mermaid-beach"><img alt="" height="596" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-14_at_9.19.47_am.png" width="1062" /></a> 
Aerial shot of the proposed site at 120-122 Albatross Ave, Mermaid Beach.&nbsp;

The sweeping curves of the built form pay homage to the nearby beach, complemented by fixed batten screens giving depth to the fa&ccedil;ade, along with privacy from the street and neighbours.

Located between the Nobby Beach cafe and restaurant precinct and the Broadbeach shopping and restaurant precinct, residents benefit from a long list of amenity, just steps from the 810 sqm site.&nbsp;&nbsp;

[smartcode_project_cta: project_id=113112]

The design statement from Impact Design the two per floor villas will provide a high standard of liveability and generate an appropriate scale in the developing context

First look: Luxury apartments to hit Mermaid Beach's Albatross Avenue

Despite Australia being renowned for its&nbsp;world-renowned beaches, Aussies love the snow.

There&#39;s no shortage of ski fields, albeit for Sydneysiders they&#39;re a six hour drive to the closest, well inland from Canberra. Melburnians have a slightly easier drive to Mt Buller, which is about half the distance.

And while the ski fields are more locals, most Aussies who are keen ski enthusiasts look elsewhere in the southern hemisphere when they dig out their salopettes once a year.&nbsp;

The most favoured spot is Queenstown, where some of the world&#39;s best ski fields live. For Sydneysiders, it can take less time to fly to Queenstown and hit the slopes than to drive to Thredbo or Perisher.

The Auckland-based developer&nbsp;Safari Group&nbsp;recently noted the number of Queenstown residents who were based in Australia when they were putting together plans for their recently launched development Lakecrest,&nbsp;25 well-appointed apartments and six multi-level villas on Queenstown&#39;s sought-after hill.

<a href="https://lakecrestqueenstown.co.nz/"><img alt="" height="1090" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-07-18_at_1.24.39_pm.png" width="1958" /></a> 
A render inside one of the villas. Image supplied

&ldquo;What we have seen over the past few months, with the border reopening and now the relaxation of pre-departure testing, is a massive influx of bookings from our Australian friends,&quot;&nbsp;Safari&rsquo;s Senior Development Manager, Simon Taylor says.

&quot;We know that prior to Covid, over 70 per cent&nbsp;of all international arrivals who skied were Australian, and when they come down to Queenstown, they fall in love and before they leave, are planning their next trip back.&rdquo;

<a href="https://lakecrestqueenstown.co.nz/"><img alt="" height="1084" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-07-18_at_1.25.05_pm.png" width="1952" /></a> 
A render inside one of the villas. Image supplied

Taylor says while many Australians have already purchased a holiday home in Queenstown, there will still be more who are looking at Queenstown as a potential option for retirement.

&quot;Queenstown is no longer just a tourist destination, it has steadily grown as a popular retreat for those wanting retirement with a stunning backdrop, access to world class golf courses, walks, lakes and wineries.&quot;

Lakecrest is located in Queenstown&#39;s most sought-after spot. Anything on the hill looks down to Lake Wakatipu and has sweeping views across the whole of the town.

Lakecrest&#39;s six luxury villas are located at the top of the elevated site and offer either three, four or five bedrooms, with extensive terracing off the living areas. And of course each come with a fireplace.

There will be 25 two and three-bedroom apartments on offer,&nbsp;

&quot;Given this special location, we wanted ensure the offering was a perfect pairing,&quot; Taylor added.&nbsp;

Construction on Lakecrest will start at the end of the year, with completion slated for early 2024.

Lakecrest is Safari Group&#39;s fifth Queenstown project, having previously delivered Residences Queenstown Central and&nbsp;Residences Kawarau River. They own and operate the Wyndham Garden and LQ Kawarau River hotels.

The Australian attraction to Queenstown's famous hill

The latest Queens Wharf Tower is taking Queensland’s sales records to new heights, with over 90 per cent of the apartments already sold after launching just four weeks ago.

Since mid-2020, when Far East Consortium’s, Queen's Wharf Residences apartments flew off the shelves, prospective buyers in the $3.6 billion Queen's Wharf precinct on the Brisbane River have been awaiting another opportunity.

[smartcode_project:default project_id=13276 project_image_fid=80720]

The fifth and tallest tower in the Queens Wharf devel​opment has been as equally successful as its predecessor, securing in sales with 778 of the 819 apartments&nbsp;since launch.

Managing Director YPM Group, Bryce O’Connor recently noted the success as a sales outcome not reached previously by any building of this scale in Queensland with over 9000 enquires, 1100 appointments and more than $820 million in sales.

The 71-level tower, which will soar 250 metres in to the sky, making it the sixth highest tower in the Queensland capital, will home 819 one, two and three-bedroom apartments, as well as a handful of exclusive penthouses upon completion.

[smartcode_project:default project_id=13276 project_image_fid=80722]

The tower is in its final release stage, offering three-bedroom Diamond Residences, which were brought forward by the group due to the overwhelming demand.

Occupying levels 49 through to 70, the Diamond Residences are amongst the most exclusive residences within Queen’s Wharf, benefiting from bespoke finishes, luxury appliances, and unrivalled views.

Gaggenau appliances, natural stone benchtops and feature 2Pac joinery are all standard in the residences, complemented by versatile outdoor living spaces, featuring lift and tilt windows to extend the expansive alfresco areas.

[smartcode_project:default project_id=13276 project_image_fid=80732]

Sitting on the corner of Margaret and William Street, apartments in Queen's Wharf Tower are designed by&nbsp;<a href="/architects/cottee-parker-architects" target="_blank">Cottee Parker</a>, taking advantage of city, Botanic Gardens, or river views.

[smartcode_project_cta: project_id=13276]

The fifth and tallest tower in the Queens Wharf development has hit the ground running, surging in sales with 778 of the 819 apartments snapped up since launching.



Queens Wharf Tower achieves over $820 million in sales after just four weeks on the market

If your dream lifestyle includes living within walking distance from a golden sand beach in a brand new home with resort-style amenities, then you'll love Broadbeach's brand new development, Victoria &amp; Albert. You'll get to enjoy not one but two cinemas, with wellness and workout zones designed to capture the spectacular coastline views – and you can stroll down to Kurrawa Beach in less than 5 minutes.&nbsp;

Watch 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/fXPQWFQJGbQ" title="YouTube video player" width="660"></iframe>

<h2>VICTORIA &amp; ALBERT</h2>

Address:&nbsp;12-18 Albert Avenue, Broadbeach QLD 4218 
Developer:&nbsp;Iris Capital 
Architect:&nbsp;DBI Design

[smartcode_project_cta: project_id=107928]

Set to be the largest scale Broadbeach development in over a decade, the DBI Architects-designed development has been split into two stylish towers.&nbsp;

You can also choose from a fantastic selection of meticulously thought-out floorplans, including one-four bedroom apartments, skyhomes and a collection of penthouses.

[smartcode_project:default project_id=107928 project_image_fid=184933]

Located at 2-18 Albert Avenue in Broadbeach, you've also got Pratten Park, complete with sporting grounds, children's playgrounds and The Oasis Shopping Mall, all just across the road. You’re also spoilt for choice with popular cafes and restaurants nearby. Venture south along the coastline and find Mermaid Beach, while four minutes north, you'll reach the famous Surfers Paradise Beach. V&amp;A will also deliver a brand new vibrant retail and dining precinct, replacing the current Niecon Plaza centre.

Architecturally designed by DBI Design, each floorplan has been uniquely crafted to offer you the most liveable layout, ensuring there is plenty of natural light, with many apartments offering separate multipurpose rooms and bedrooms with ensuites and walk-in-wardrobes.

[smartcode_project:default project_id=107928 project_image_fid=184934]

At Victoria &amp; Albert, you will enjoy access to Podium Club facilities, featuring plenty of lush subtropical planting, multiple outdoor swimming pools, a zen garden, a yoga deck and dining facilities – you'll feel as though you live at your own private resort. Indoors you'll find a palatial resident's lounge with a wine cellar, a kid's club, and a spa and steam room. There is also a separate full suite of rooftop amenities, including a lounge and dining area with incredible views.

Atop each tower of the development is an exquisite Residents Skylounge, home to a dining room, cozy lounge, and wellness and work zones – boasting the most incredible ocean views.&nbsp;

[smartcode_project:default project_id=107928 project_image_fid=180734]

Now is the perfect time to secure your future at Victoria &amp; Albert, at one of Broadbeach's most sought-after new residential towers. Enquire today via Urban to learn more and download the Urban app to receive development updates.

urban.com.au

Display Tour Video: Victoria & Albert by Iris Capital at 12-18 Albert Avenue, Broadbeach, QLD

The exclusive Point Piper development, Piper, a rare new development in Australia&#39;s most affluent suburb, has been a hit with buyers all over Sydney.

The project, a collaboration between two prominent eastern suburbs developers&nbsp;Fortis and Dare, has flown through the 50 per cent sold mark in just a few months, having launched the boutique collection of just 15 residences at the back end of March.

CBRE Residential Projects head&nbsp;Ben Stewart said&nbsp;they were seeing buyer enquiry coming in from everywhere from the inner west and lower north shore, with locals from Vaucluse and Dover Heights also showing keen interest.

[smartcode_project:default project_id=6126 project_image_fid=191994]

There was even a sale to a soon-to-be downsizing owner-occupier from Point Piper&#39;s exclusive Wolseley Road, who were looking for something brand new.

&ldquo;It&rsquo;s really evident how well the apartments match up to what downsizers are looking for, both in size and their finish,&quot; Stewart says.

&quot;The apartments on offer&nbsp;a great size, anywhere from&nbsp;200 sqm to 250 sqm internal, while also still incorporating a few special features, such as some feature a swimming pool, or big gardens,&quot; Stewart added.

[smartcode_project:default project_id=6126 project_image_fid=199320]

&quot;The apartments are beautifully appointed with very high-level finishes, and a number of enticing factors that are turning people toward Piper.&quot;&nbsp;

Sharing its postcode with some of Australia&rsquo;s most prestigious and historic homes, Piper delivers on its vision with interiors by leading interior design studio, Mim Design, and acclaimed landscape architects, Dangar Barin Smith.

Inspired by the intimacy and grandeur of a private estate, Piper delivers a mix of two, three and four-bedroom apartments across the four-level building.

[smartcode_project:default project_id=6126 project_image_fid=199321]

Each apartments features soaring ceiling, open layouts and large living, entertaining and outdoor areas, with some even including their own private pool.

Stewart says the latest interest rate movements haven&#39;t put buyers off, in fact, it&#39;s been the opposite.

[smartcode_project:default project_id=6126 project_image_fid=191996]

&quot;Those buyers who are looking at an of​f the plan property,&nbsp;particularly those not due to be complete for another few years, haven&#39;t shown too much concern about the current interest rate hikes,&quot; Stewart says.

&quot;Where for the last six to 12 months we&#39;ve seen people locking in interest rates, we&#39;re now seeing people jumping into the off the pl​an market, hedging their bets that rates will be coming back down in 18 months or so when projects come up for completion.&quot;

Stewart also says buyers are believing now is the right time to move into the apartment space, with the price gap between houses and apartments at record highs.

[smartcode_project_cta: project_id=6126][smartcode_project_cta: project_id=6126]

“It’s really evident how well the apartments match up to what downsizers are looking for, both in size and their finish," CBRE's Residential Projects head Ben Stewart said



Buyers come from all over Sydney to take Piper to 50% sold

The prominent Sydney building development firm TOGA has quietly seen success at its recently launched eastern suburbs apartment project, The Kensington.

Having launched earlier this year, TOGA has sold around 25 per cent of the building, without a big song and dance of the project launching.

TOGA&#39;s General Manager of Sales Anthony Falas says the days of long lines of prospective buyers queuing up outside the display suite to get the first chance to buy an apartment might be gone, but that&#39;s not to say sales success isn&#39;t being secured.

The majority of buyers have been locals, either those looking to downsize and stay in the area, or professionals at nearby hospitals or universities.

[smartcode_project:default project_id=110959 project_image_fid=199276]

TOGA has seen exactly what they thought they&#39;d see pre-launch, which Falas says is a testament to the team and the research they undertook while in the design and development phase.

And a testament to TOGA&#39;s research in the design and development phase, having spoken with the team when the project application was lodged back in January, TOGA have seen&nbsp;exactly what they&#39;d expected in terms of sales and demographics.

&quot;It means we&#39;ve done our research and understand the audience of the market we&#39;re entering,&quot; Falas says.

&quot;We&#39;ve dedicated over 75 per cent of the building to the two and three-bedroom product, offering something that is rare for&nbsp;the area.&quot;

[smartcode_project:default project_id=110959 project_image_fid=199277]

Falas added that TOGA wanted to cater for a different market than the area is used to, going away from the more common developments which are targeted at the&nbsp;student accomodation given the proximity to the UNSW Randwick Campus.

They changed the mix slightly knowing there were a number of student accomodation buildings in the local area both established and soon to be under construction.

What did surprise Falas&nbsp;however was at how much of the top-end stock in the development went first.

[smartcode_project:default project_id=110959 project_image_fid=199278]

&quot;The sales of the bigger apartments, upward of around $1.9 million and $2 million, have been among some of the most popular, which is a sign that the current interest rate climate isn&#39;t dampening buyer demand at the top end of the off the plan market if you&#39;re a reputable developer where buyers have confidence in your product.&quot;

On interest rates, Falas says buyers haven&#39;t been overly concerned with rate rises. The off the plan market offers a different prospect to buyers compared&nbsp;the established market, given purchasers are not&nbsp;beholden&nbsp;to starting mortgage repayments until the project is completed. And for Kensington, that&#39;s expected to be over two and a half years away.

&quot;We&#39;re not expecting The Kensington to be completed until the end of 2024, so the current interest rate movements won&#39;t affect an off the plan purchaser until they settle, and by that time forecasts suggest rates won&#39;t be rising as sharply as they are now,&quot; Falas says.

&quot;Remember, we&#39;re still in an incredibly low interest rate environment, and while current home owners or buyers on variable rates will be seeing their rates go up to repayments they haven&#39;t seen before, we are still at a very low base. New mortgage holders won&#39;t quite&nbsp;feel that&nbsp;same impact as current mortgage holders who have been living in the lowest interest rate environment&nbsp;Australia has seen.&quot;

[smartcode_project:default project_id=110959 project_image_fid=199275]

TOGA has managed to swerve some of the construction pitfalls which have been damaging the development industry given they also build their project, although Falas says there were, and still are, a few hurdles to overcome.

&ldquo;Labour costs, costs to procure, they&rsquo;ve all risen, but we&rsquo;ve pulled a few levers to help ease the rising rates such as direct sourcing our materials,&quot; Falas noted.

But he stressed there&#39;s no cutting corners in the development, and certainly not in the finishes on offer.

The Kensington features full marble kitchens and marble and stone bathrooms, with the interiors designed by Richards Stanisich, who worked in collaboration with&nbsp;architects&nbsp;Turner Studio, who also designed TOGA&#39;s Wicks Place in Marrickville.&nbsp;

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The majority of buyers have been locals, either those looking to downsize and stay in the area, or workers at the nearby hospitals or university

TOGA see success following The Kensington apartment launch

Central Element has lodged plans for a $150 million mixed-use tower at 15 Ellis Street and 753 Pacific Highway, Chatswood.

Sydney architects, SJB are behind the design of the plans after winning a design excellence competition process endorsed by the Willoughby Council.

The design statement, signed off by SJB&nbsp;Director&nbsp;Adam Haddow, said the tower will be set&nbsp;on a stone base &ndash; a reference to the former rocky ridgelines that Sydney is famous for.

&nbsp;<a href="/new-apartments/ethos-15-ellis-street-753-pacific-highway-chatswood"><img alt="" height="1050" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-10_at_2.08.09_pm.png" width="956" /></a>

Render of the proposed developed along the Pacific Highway. Credit: SJB

&ldquo;Our proposal has sparked an excitement for the potential of this unique site and the role the project could play in the Chatswood built form milieu,&rdquo; the statement read.

There&rsquo;ll be 49 apartments delivered in the tower, including one one-bedroom, 16 two-bedroom and 32 three-bedroom residences, typically with four apartments per floorplate, each with a corner frontage.

Utilising every square inch was a major design focus for the group, with apartments spanning from 69 sqm to 172 sqm.

&ldquo;We believe that the best residential apartment plans are simple. Straight forward rectilinear geometry helps to deliver spaces that are easy to furnish, are flexible over time and are easy to use. Real Estate is expensive in Sydney &ndash; we need to make every square meter count,&rdquo; the statement added.

There will be some 1200 sqm of retail and commercial space,&nbsp;set out&nbsp;across the podium levels of the tower, as well as dedicated communal facilities planned for levels two and nine,&nbsp;with a wellness centre and communal lounge proposed.

<a href="/new-apartments/ethos-15-ellis-street-753-pacific-highway-chatswood"><img alt="" height="1214" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-10_at_2.07.21_pm.png" width="910" /></a> 
Render of the proposed developed along the Pacific Highway. Credit: SJB

&ldquo;In the current environment where people are spending more time at home, the proposal seeks to provide a unique offering to residents at their doorstep,&quot; the statement continued.

The wellness centre will home a variety of flexible indoor and outdoor spaces, including a spa, change rooms, a gym and a yoga deck. A generous rooftop podium will also be available to residents at this level, with outdoor seating integrated with landscaping to form a series of habited gardens.

The level nine communal lounge will provide additional amenity and space for residents, with a generous balcony space capturing views towards the city.

The tower is slated for completion by 2024. CBRE will be handling the sales of the tower which will launch later this year.

[smartcode_project_cta: project_id=93751]

Sydney architects, SJB are behind the design of the plans after winning a design excellence competition process endorsed by the Willoughby Council

Central Element lodge plans for $150 million Chatswood apartment tower

Recently we were invited to visit the virtual display suite of Awaken – the second luxury Bayside residential release from developer Skelton.

Take a look at our display tour video:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/iRrXlIldf1E" title="YouTube video player" width="660"></iframe>

<h2>AWAKEN AT A GLANCE</h2>

Address:&nbsp;30-32 Rooding Street, Brighton 
Developer: Skelton 
Architect:&nbsp;Travis Walton

[smartcode_project_cta: project_id=30087]

Skelton's sound track-record can be seen in the work of past projects such as Avenue, which saw incredible attention to detail, and development completion to an exceptional standard.&nbsp;

Situated on Rooding Street in Brighton, Awaken's situated only a 3-minute walk away from North Brighton Station, and minutes to Bay Street dining precinct or Brighton Beach.&nbsp;

You can also access Melbourne CBD in less than 20 minutes via car or public transport, offering you a coveted lifestyle, with world-class amenities at your doorstep.&nbsp;

[smartcode_project:default project_id=30087 project_image_fid=177703]

When you visit the display suite, you'll be immersed in interactive floorplans and cabinetry details showcased as a projection spanning the entire wall.&nbsp;

The development is the collaborative work of three world-class firms, including architect Travis Walton, landscape architecture practice ACRE and Brompton Construction.&nbsp;

The 11 apartments and 2 penthouses are completed with dark electro-bronze detailing in a stunning contrast to the intricate pattern of locally sourced European-style brickwork. Each home is softened by lush, cascading greenery – with a combination of both natives and evergreen planting to accommodate the change in seasons.

In summer, you can push open the wide sliding double glazed doors and enjoy a seamless connection to your private outdoor courtyard or balcony – and in cooler months, penthouse residents can relax in front of the statement marble fireplace.&nbsp;

[smartcode_project:default project_id=30087 project_image_fid=143715]

Flooring throughout each home is natural oak timber, while bedrooms offer fully fitted wardrobes and luxurious warm wool&nbsp;carpets.

The range of fixtures and fittings are timeless – including Roger Seller brushed stainless tapware, bespoke timber joinery and integrated Miele appliances. Detailed nuances such as hidden LED lights, and floating shelves show the care that has been taken to enhance each home's liveability and aesthetic.&nbsp;

[smartcode_project:default project_id=30087 project_image_fid=143717]

To learn more about Awaken Brighton, enquire today as these properties are in high demand. Request a call from a Skelton sales consultant via Urban.&nbsp;

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