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?

The leading Western Sydney apartment developer, ALAND, has seen a sharp pick up in investor sales in the last quarter.

At their Parramatta tower, Paramount on Parkes, ALAND&nbsp;saw a 54 per cent uplift in purchases by investors over the last quarter, with&nbsp;ALAND's Chief Executive&nbsp;George Tadrosse saying that&nbsp;demand for quality affordable apartments in Sydney is outstripping supply, which is good news for savvy investors and homebuyers seeking solid future growth.

"There will be very little stock coming onto the unit market over the next 24 months and that is largely due to increased government red tape and increased demand from several buyer types," Tadrosse said, suggesting that those who wait might find themselves out of options.

“Demand for units is high as rising interest rates encourage domestic buyers to shift their focus to the apartment market.

[smartcode_project:default project_id=9187 project_image_fid=164849]

"But now that international borders have opened up, apartment purchasers will also have to face competition from foreign residents who may be looking to rent or buy in Sydney,” Tadrosse said, adding that the two-fold demand was especially good news for investors.

Located at 14-20 Parkes Street Harris Street, Paramount on Parkes offers a mix of one, two and three-bedroom apartments across a 39-level building, along with a resort-inspired pool with a 300 sqm terrace and barbecue area, lush landscaping, and residents’-only children’s play areas.

Construction is well underway on the project and completion is slated for late 2023.

[smartcode_project:default project_id=9187 project_image_fid=181002]

The supply shortage is only set to be exacerbated by the recent announcement to raise the home loan deposit scheme threshold to $900,000 this coming July allowing more first home buyers and first-time investors to enter the market while they can.

While this month’s interest rate rise has given both owner-occupiers and investors pause for thought, Sydney’s unit market remains strong and is shaping up as a popular space for homebuyers, investors and renters alike

“For owner-occupiers, a rate rise can feel more onerous but for investors, it is far less concerning as the interest component of an investor loan is largely tax deductible. We may see a lift in asking rents as interest rates increase, as landlords look to offset any additional expense,” said Tadrosse.

[smartcode_project:default project_id=9187 project_image_fid=164851]

“The good news for owner-occupiers is that lending policies have accounted for an inevitable rate rise to help future proof the serviceability of loans,” he added.

New data from CoreLogic supports the strength of the apartment market, indicating rents are now outpacing those of houses. In its latest Quarterly Rental Review, CoreLogic showed national unit rents have bucked the trend seen since May 2019 and actually rose at a faster pace than national house rents over the first three months of 2022, recording a quarterly growth of 3 per cent while houses only increased by 2.4 per cent.

Similar to the national results, unit rents in the combined capitals also outperformed house rents over the first quarter, increasing 3.1 per cent compared to 2.2 per cent. According to the CoreLogic report, the median Sydney unit rent by the end of March was $546 a week, an 8.3 per cent change over 12 months.

[smartcode_project:default project_id=9187 project_image_fid=164857]

Compared to the previous quarter, gross rental yields for units also rose across Sydney, up 2.3 per cent during the quarter to 3.1 per cent.

Bianca Anton, General Manager of ALAND, said switched on investors are realising the true value of bricks and mortar as a long-term strategy and see units as the more affordable path to that financial freedom.

“Buyers are becoming more educated about the pending gap in their wealth creation so are looking for ways to ride the apartment price wave as far as possible. And with only a limited amount of new apartments available in Sydney right now, it really is a race of ‘first in, best dressed’ especially for those seeking to secure quality property,” she said.

Developer ALAND reveals investor sales soar as demand drives up rental yield

ALAND see apartment investors pour back into to Sydney's west

Parramatta is set to see a solid pipeline of new housing following the sign off of the Parramatta CBD Planning Proposal.

The long-awaited changes to the planning rules for the area will offer&nbsp;the potential to create much needed housing supply and quality jobs for Sydney&rsquo;s second city.

Urban Taskforce CEO Tom Forrest has welcomed the finalisation of the Parramatta CBD Planning Proposal said the new amendments provide capacity for approximately 11,900 new dwellings in the CBD.

&quot;This decision is welcome as it will provide more opportunities to boost housing supply in this LGA and assist the City of Parramatta to reach its five-year housing target of 23,660 new homes by 2026,&rdquo; Forrest said.

[smartcode_project:default project_id=9187 project_image_fid=164849]

However, the final changes to the Local Environmental Plan contain decisions that&nbsp;reduce the proposed development area and remove critical incentives for development of office space.

Urban Taskforce notes that Parramatta North and the Phillip Street Block have been excluded from the process with decisions postponed due to concerns over their heritage and public amenity values.

During the finalisation of the Planning Proposal, Council excluded sites previously endorsed in the Parramatta CBD Planning Investigation Area, inevitably &lsquo;kicking the can down the road&rsquo; to be progressed at a later stage.

[smartcode_project:default project_id=9187 project_image_fid=164848]

This has happened again in the Parramatta North and Phillip Street Block and is a missed opportunity to utilise the full potential of the CBD area, according to Forrest.

The other last-minute DPE change to the plan includes restrictions to the floor space ratio (FSR) from those originally proposed by Parramatta Council.

&ldquo;Parramatta Council proposed an exemption from any FSR controls for office development (greater than 1,800 sqm) in the Commercial Core and the Mixed Use zone. This was proposed to allow for maximum flexibility and as an incentive to future investors.

[smartcode_project:default project_id=7642 project_image_fid=197136]

&ldquo;The Urban Taskforce has repeatedly called for flexibility in the planning controls which will enable the market to create developments that are best suited to the area and best respond to the demand for office spaces, retail, and homes. Council had proposed precisely this and DPE re-imposed unwelcome controls which will limit commercial development and opportunities for quality new jobs,&rdquo; Forrest said.

&ldquo;Parramatta Council&rsquo;s worthy intention was to enable A-Grade office towers to be built with modern designs. The competitive and creative designs of today&rsquo;s modern office towers ensure great look, functional space and build form which is best suited to the demand of the market today and in the future,&rdquo; he added.

Notwithstanding the reduced size of the development area and the FSR restrictions, the finalisation of the CBD Planning Proposal will finally give some certainty to investors.

The amended Parramatta Local Environmental Plan commences on 14 October 2022 but is expected to guide the economic development of the CBD for the foreseeable future.

&ldquo;It is great to see the NSW Government, led by Planning Minister Roberts, tackling housing supply and this is a positive step,&rdquo; Forrest concluded.

The long-awaited changes to the planning rules for the area will offer the potential to create much needed housing supply and quality jobs for Sydney’s second city



Parramatta could see 12,000 new dwellings as CBD Planning Proposal gets greenlight

Alton Property Group have amalgamated a massive nine lot site in the heart of the exclusive Neutral Bay on Sydney&#39;s Lower North Shore, with plans to create a 40-apartment development.

Designed by A+ Design Group at 4-14 Merlin Street,&nbsp;the proposal involves alterations and additions to an existing nine-storey residential building, demolition of existing dwellings on six lots, and&nbsp;the construction of a four-storey residential flat development with a rooftop communal open space and residential amenities on the ground floor.

&ldquo;The scale of the buildings has been carefully modulated in bulk, height, landscaped area and spatial separation controls to represent an expression of the desired character in the locality,&rdquo; A+ Design Group Architect, Tony Leung, noted in their submission.

<img alt="" height="1098" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-10_at_10.55.02_pm.png" width="2214" /> 
A render of the proposed development at 4-14 Merlin St, Neutral Bay. Image credit&quot; A+ Design Group.&nbsp;

Set to comprise a mix of four one-bedroom, 17 two-bedroom and 19 three-bedroom apartments, the development aims to keep with the demand in the marketplace, which is predominantly for owner occupiers looking for two and three-bedroom spaces.

The planning and arrangement of the apartments have been designed to maximise solar access, natural ventilation and daylight with a focus on blending the inside to the out.

&ldquo;The proposal contains an appropriate composition of building and landscape elements, textures, materials and colours to reflect the positive elements of the existing neighbourhood,&rdquo; Leung added.

&ldquo;We&rsquo;ve intended to achieve a clean modern aesthetic through a selected palette of materials, as well as the articulation of the building mass.&rdquo;

<img alt="" height="1016" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-10_at_10.55.12_pm.png" width="2198" /> 
A render of the proposed development at 4-14 Merlin St, Neutral Bay. Image credit&quot; A+ Design Group.&nbsp;

A number of canopy trees will feature around the perimeter of the site, with planting along the street frontages providing privacy and a softening to the built forms, as well as planting along the western boundary creating a buffer from the Warringah Freeway.

&ldquo;The proposed landscape design is an integral part of the overall design intent&rdquo;, said Leung, with over 1,191 sqm of the site dedicated to green and open spaces.

Set to comprise a mix of four one-bedroom, 17 two-bedroom and 19 three-bedroom apartments, the development aims to keep with the demand in the marketplace, which is predominantly for owner occupiers looking for two and three-bedroom spaces.

First look: Alton Property Group to create Neutral Bay apartment development

The Bradford in Kew presents an opportunity to join the ranks of one of the Melbourne&rsquo;s most exclusive enclaves, with heritage overlays and planning controls limiting obtainability.

Developed by Jafari Property Group with a focus on those looking to downsize without compromising on quality and luxury appointments, The Bradford offers discerning buyers the chance to secure a blue-chip property and enhanced lifestyle, enjoying the area&rsquo;s abundance of amenities and relaxed community atmosphere.

Located in the tightly-held Sackville Ward, The Bradford beats at the heart of Kew&rsquo;s rich history.

[smartcode_project:default project_id=112356 project_image_fid=197079]

Surrounded by grand estates and mansions and tree-lined thoroughfares, The Bradford comprises 10 luxury residences curated by the highly-regarded Cera Stribley architecture and interior design studio.

Designed over three levels, the building integrates into the surrounding streetscape, cleverly divided into four smaller entities, each with their own identity to imbue a sense of privacy and individuality according to the developers, connected by a secure lobby.

The generously-proportioned single-level apartments, including two penthouses, range from 95 sqm to 227 sqm, with gardens and outdoor terraces from 13 sqm to 148 sqm adding to the sense of light and space.

[smartcode_project:default project_id=112356 project_image_fid=197093]

Expansive floorplans encompass two or three-bedrooms and up to three-bathrooms and a powder room. Residences also feature sumptuous living spaces leading to private outdoor living areas, with the basement providing storage and dual private parking, with three spaces allocated for each penthouse.

Cera Stribley&rsquo;s signature brick exterior is a nod to the local heritage and neighbouring period dwellings, acknowledging the surrounding context while reinterpreting the past with a restrained and contemporary architectural vision

[smartcode_project:default project_id=112356 project_image_fid=197084]

The exterior combines brick and timber materials to give the building a striking yet delicate aspect, while the visual bulk has been skilfully softened by the fracturing of the buildings into four entities, each articulated differently in its facade expression, colour and texture, to more closely reflect the established character of the neighbouring houses.

Significant landscaping along the building&rsquo;s two street frontages further softens the fa&ccedil;ade, with the ground-floor apartments all enjoying lush gardens, and the terrace landscaping adding to the restrained silhouette.

[smartcode_project_cta: project_id=112356]

Located in the tightly-held Sackville Ward, The Bradford beats at the heart of Kew’s rich history.



Jafari Property Group launch The Bradford, Kew's latest luxury apartments

The Brisbane-based Di Carlo Property Group has ventured back in to the Gold Coast market.

The family run company, who in recent years have been developing boutique projects in Brisbane's inner ring, have lodged plans for their first tower in Broadbeach, dubbed Lusso Sky Homes.

Lusso Sky Homes (Lusso is Italian for luxury) - is a collection of just 17 full-floor apartments at 11 Anne Avenue.

Designed by&nbsp;Hayes Anderson Lynch Architects, the four-bedroom apartments span over 200 sqm internally, with a further 40 plus sqm of balcony space.

<img alt="" data-entity-type="" data-entity-uuid="" height="932" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-13_at_8.34.52_am.png" width="1074" />

The kitchen (complete with butler's pantry), meets the&nbsp;living and dining space, which opens to the balcony&nbsp;oriented to front Anne Avenue and capture south east ocean views. The master suite, complete with walk in wardrobe and ensuite, is also cleverly located at the front of the apartment to capture the views.

In addition to the master, there are a further two bedrooms and a multi-purpose room, which has been designed o act as either a second living area, a home office, or a fourth bedroom.

Crowning Lusso will be the resident amenity rooftop terrace, featuring&nbsp;a&nbsp;pool, gym, sauna and barbecue facilities.

Alfie Di Carlo, one of the family directors at the company, says the design offering should hit the mark for the luxury buyer.

<img alt="" data-entity-type="" data-entity-uuid="" height="414" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-11_at_5.35.47_pm.png" width="631" />

"We produce boutique, owner-occupier developments in Brisbane so we definitely wanted to stay in our lane and produce something that would service that type of buyer on the Gold Coast," Di Carlo told Urban.

"Its a really nice pocket of the Gold Coast and it's always been on the agenda," Di Carlo added.

"This site ticked all the boxes given its centrally located between the beach, the Broadbeach entertainment and dining precinct, the Star Casino and Pacific Fair Shopping Centre."

Di Carlo expects a healthy enquiry mix from local downsizers cashing in on their houses but not wanting to compromise on space, and interstate and Brisbane holiday makers who are looking for a high-end holiday home or weekender.

The development acts as another diversification for the Di Carlo Group, who have recently started developing&nbsp;in&nbsp;the retail and commercial space.

The team have over 40 years experience building and managing in excess of $500 million&nbsp;of property development and construction projects across South East Queensland.

The family run company, who in recent years have been developing boutique projects in Brisbane's inner ring, have lodged plans for their first tower in Broadbeach, dubbed Lusso Sky Homes

Di Carlo Property Group set for Broadbeach owner-occupier apartment tower

Interstate dwellers seeking a safe haven on the Gold Coast was one of the biggest property trends of 2020 and 2021 since the onset of COVID.

Many have reported locals are now the ones driving the continued success in the Gold Coast market, but the latest luxury tower to hit Surfers Paradise, Aspire, is still seeing plenty of interstate interest.

Kollosche New Projects agent Andrew Ramsey says the interstate market is favourable for this type of project.

"There's still plenty of interest from both Sydney and Melbourne for this high-end stock, which is still undersupplied in the local market," Ramsey says.

[smartcode_project:default project_id=111652 project_image_fid=196986]

"Everything with a crane on the Gold Coast has virtually sold out, so there's not a lot of opportunity at the top end of the market."

Aspire, which is being developed by the Sydney-based developer on the sought-after Garfield Terrace beachfront, will comprise just 37 apartments over 24 levels.

Each of the half-floor apartments have between 207 sqm and 217 sqm of space, with the six full-floor apartment offering a huge 414 sqm of space.&nbsp;

[smartcode_project:default project_id=111652 project_image_fid=196975]

The tower will be crowned with a two-level penthouse spanning 716 sqm of internal space.

Designed by <a aria-label="Mosca Pserras Architects - opens in new tab" data-uw-rm-brl="false" data-uw-rm-ext-link="" data-uw-styling-context="true" href="/news/profiling-woods-bagots-role-in-western-sydney-universitys-new-liverpool-campus" target="_blank" uw-rm-external-link-id="https://www.urban.com.au/news/profiling-woods-bagots-role-in-western-sydney-universitys-new-liverpool-campus$moscapserrasarchitects">Mosca Pserras Architects</a>,&nbsp;each apartment has been crafted with sophisticated comfort and luxury in mind, featuring high-end fit outs from European Oak floors to Gaggeneau appliances.

Residents of Aspire will have private access to exclusive amenity, including a luxury&nbsp;infinity pool, a gym with yoga room,&nbsp;steam room, and&nbsp;infra-red sauna. There will be a&nbsp;barbecue space, a&nbsp;bar and residents'&nbsp;lounge, a modern office space with conference room, and even a surfboard store.

[smartcode_project:default project_id=111652 project_image_fid=196989]

The materials of Aspire have been carefully selected to promote a natural colour palette that reflects the colours of golden sands, giving a sense of warmth that balances the cool ocean backdrop.

Ramsey says there's still been plenty of locals, predominantly downsizers who are wanting to move in to a space with extensive square metreage and a prime location.

Kollosche will soon be opening the Aspire display suite, complete with a full kitchen and bathroom, at 4 Charles Avenue, Broadbeach, on the ground floor of Oracle. There are 3D tours available of the three and four-bedroom apartments, the amenities, and the exterior of the building.

Demolition has begun at 9 Garfield Terrace, with the development approved project expected to take builder Descon Group Australia under two years to build.

[smartcode_project_cta: project_id=111652]

"There's still plenty of interest from both Sydney and Melbourne for this high-end stock, which is still undersupplied in the local market," Kollosche agent Andrew Ramsey says.



Interstate buyers still keen at Gold Coast's high end as Aspire Surfers Paradise attracts Sydney and Melbourne interest

The international developer Mulpha, who are developing the $1 billion zero-carbon, masterplanned Norwest Quarter project, have already secured over a third of the sales in the first release.

The recently approved first stage of two apartment buildings, Banksia and Lacebark, will home a total of 196 apartments. The first stage will also include&nbsp;more than 3,000 sqm of specially curated and sustainably led retail and commercial space, including a full-floor commercial gym, fresh food grocer, medical services and restaurants.

The initial sales have shown a strong interest from&nbsp;a mix of owner occupiers, including young families, and local investors.

Mulpha has appointed Parkview Construction to build the project, with work expected to commence in June, with a focus on quality control and delivering new benchmarks in sustainable design and construction.

[smartcode_project:default project_id=103264 project_image_fid=196023]

&ldquo;We are very excited to launch the first apartment buildings in Norwest Quarter which we believe will set a new benchmark in lifestyle design with its focus on community, sustainability and harmony with the natural environment,&rdquo; said Mulpha Head of Developments, Tim Spencer.

The 115-apartment Banksia building, designed by leading architects Bates Smart, will offer a choice of one, two and three-bedroom open plan apartments, with views north towards Castle Hill Country Club and southwest over Norwest Lake. Banksia&rsquo;s design prioritises outdoor space and connecting to nature, with each apartment featuring one or more oversized balcony, complimented with lush landscaping.

The 81-apartment Lacebark building, designed by Smart Design Studio, comprises generously sized one, two, and three-bedroom apartments, along with three-bedroom penthouses, all with curved balconies and angled blades, designed to bring in more sunlight in the winter and protection from the sun in the summer.

[smartcode_project:default project_id=103264 project_image_fid=196019]

Banksia will also be home to a residents-only podium rooftop, which will have a swimming pool, sunlit garden, a lounge, work from home pods, and function room for hire, while Lacebark is set to include a resident&rsquo;s lounge and a comunal garden, complete with a kitchen, sundeck, and barbecues.

&ldquo;The design of both buildings far exceeds standard sustainability regulations with best practice passive design principles and high-performance environmental initiatives throughout,&rdquo; Spencer said.

An open public plaza will link the two buildings together, with a wild botanical garden, as well as an amphitheatre, timber walkways, water and wild play for children, decked areas and seating, with the plaza contributing to the 70 percent of open green space within the precinct.

[smartcode_project:default project_id=103264 project_image_fid=196021]

The Norwest Quarter environment has also been designed to minimise the urban heat island effect (UHIE) through substantial re-wilding of the natural landscape, which in turn will promote local flora and fauna.

Initiatives to enhance long term re-wilding include pollination and soil health management, which will all contribute to the creation of a cooler and healthier environment throughout the precinct. Apartments in Norwest Quarter will consume two thirds less energy than a typical apartment, and one third less water from the grid.

Due to the strong sustainability credentials of the apartments, purchasers may also be eligible for discounted green mortgages, potentially providing a lower interest rate on their mortgage.

[smartcode_project:default project_id=103264 project_image_fid=196003]

&ldquo;I believe people will choose to live here for the opportunity to be part of a community, aiming for a better future, targeting 100 percent renewable energy, reduced waste, and efficient use of resources including water,&rdquo; Spencer added.&nbsp;

Both buildings will also feature rooftop solar panels, electric vehicle charging with fast charges, and high-performance, centralised air-conditioning. Apartments will benefit from high efficiency lighting and appliances, and are 100 per cent electric with induction cooktops and electric hot water.

Other sustainable community initiatives will include communal electric barbecues, communal gardens, productive beehives for enhanced pollination, worm farms, composting and natural landscapes.

Once complete, Norwest Quarter will transform over 3.8-hectares of greenfield land into a vibrant village centre for over 2,000 residents. There will be nine residential towers containing 864 apartments, with 6,000 sqm of space provided for cafes, restaurants, neighbourhood shops and childcare facilities.

[smartcode_project_cta: project_id=103264]

Over a third of the first release residences sold out within the first two weeks, with a strong interest from a mix of owner occupiers, including young families, and local investors.



Mulpha secure quick sales in first stage of Norwest Quarter zero-carbon apartments

The team at Urban rounded up the top 5 properties perfect for those looking to buy in the City of Melbourne.

Watch the video to learn more about stamp duty savings and the fantastic amenities you could live minutes from.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/61Mw5-Ljj0M" title="YouTube video player" width="660"></iframe>

Learn more about the listings mentioned in the video:

<h2>MELBOURNE SQUARE</h2>

The design focus by Cox Architecture centred on creating a community where a resident's every need could be met within a short walk. Southbank VIC has access to some of Melbourne's most dynamic activity zones: the arts precinct, Yarra River, sporting venues and park network. At the Melbourne Square residential towers, you will be a convenient short distance from the renowned Crown Casino, as well as much more amenity the suburb of Southbank VIC has to offer.

[smartcode_project:default project_id=2929 project_image_fid=137896]

<h2>MELBOURNE GRAND</h2>

Melbourne Grand is recently completed &amp; ready to move in, Melbourne Grand offers stunning city views &amp; outstanding living experience rising 58 storeys above the CBD. Just a short walk to Queen Vic Market, Southern Cross Station &amp; Flagstaff Gardens.

[smartcode_project:default project_id=3490 project_image_fid=92417]

<h2>ESCALA NEWQUAY</h2>

A great range of lofts, apartments and SOHO’s are still available. MAB Corporation is proud to present Escala Newquay – an eclectic collection of innovative lofts, stylish apartments and home offices designed by Six Degrees Architects.

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<h2>EAST TOWER, MELBOURNE QUARTER</h2>

Find the perfect work-life balance at the residential Melbourne Quarter’s East Tower, Flinders Street. Melbourne, Australia is famous around the country for its great food, culture, and retail. The Melbourne Quarter Tower building location bridges the gap between Melbourne’s central business district and the thriving South Wharf, Docklands, and Port Phillip Bay.&nbsp;

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<h2>ENCOMPASS</h2>

Encompass Carlton Fitzroy is at the centre of everything.&nbsp;Located at the corner of Elgin and Nicholson Streets, Encompass delivers bright and spacious 1, 2 &amp; 3 bed apartments with generous balconies and exclusive resident amenities. 50% have already sold!&nbsp;

Living spaces at Encompass are open and bright, and encourage the connection between indoor and outdoor living. Every apartment incorporates a paved terrace or balcony, opening off the living area.

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The team at Urban rounded up the top 5 New Developments with residences perfect for those looking to buy in the City of Melbourne.
Watch the video to learn more about stamp duty savings and the fantastic amenities you could live minutes from.

urban.com.au

Urban’s Top 5 Melbourne Property Picks for First Home Buyers | Video

Aqualand has just released stage two of its North Sydney development, AURA.&nbsp;

The $1 billion luxury mixed-use residential development sits among an area undergoing a huge revitalisation, with plans already underway to deliver public domain works that complement the suburb&rsquo;s new transport, commercial and cultural infrastructure.&nbsp;

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Aqualand&rsquo;s stage two is a new release of one, two, three and four-bedroom apartments range from 55 sqm to 262 sqm, with most featuring north-facing living rooms offering abundant sunlight, west views out to the sunset and district views out to the horizon.

Once known as Australia&rsquo;s largest office precinct outside of a capital city CBD, North Sydney is experiencing a growing demand for larger homes and apartments and is set to transform into a more vibrant and liveable place.

Economist Nerida Conisbee says the transformation will pose an exciting investment opportunity for property investors and owner-occupiers alike as demand for housing in North Sydney explodes over the next five-years.&nbsp;

&ldquo;Given the high level of amenity and proximity to other parts of the city, there is very strong demand for housing in North Sydney, driven by a combination of increasing population growth and the move to apartment living in inner Sydney,&quot; Conisbee says.

&quot;This major transformation will make it an even more attractive, sustainable, and vibrant place for residents, workers and businesses.

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&ldquo;Unit price growth over the past 2 years has been unprecedented, doubling over the past decade and increasing by 12% over the past 12 months. As North Sydney transforms, it will attract more than 6,000 new residents over the next 15 years, with nearly 3,600 new dwellings required to accommodate them.

&ldquo;As empty nesters and downsizers are the main growth category, most will need to be suitable for couples without children and singles. Due to land shortages, almost all will need to be medium to high density.&quot;

AURA by Aqualand, featuring architectural design by award-winning firm Woods Bagot and interiors by Richards Stanisich, will offer residents extensive&nbsp;views,&nbsp;leafy surrounds and unmatched urban convenience.

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Aqualand&#39;s stage two release features apartments&nbsp;aligned with a modern&nbsp;lifestyle, with residences offering&nbsp;a multi-functional room that can be used to create a second living area, home office or guest room. Select apartments will also enjoy sunlit, glazed studies.

Residents will have a choice between three&nbsp;colour schemes, with Dark, Mid and Light.&nbsp;Spaces are flexible and generous, allowing for greater lifestyle flexibility and&nbsp;the seamless balance between living and working from home. Each AURA residence is unique in planning and proportion, offering different models and solutions to balancing work and home life in the same space. Marble benchtops anchor kitchen spaces that balance form and function, with touches of rich oak and dark bronze adding artistic luxury, while the bathrooms feature marble flooring and bronze powder-coated, framed mirrors.

AURA by Aqualand features a range of community amenities, including an expansive pool and gym, sun deck and community centre, reserved for residents&rsquo; private use.

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High-end dining and entertaining is only moments from the apartments, with&nbsp;Aqualand&rsquo;s hospitality arm, Etymon Projects, also curating and managing AURA&rsquo;s multi-level hospitality precinct, which is set to home a providore, bakery, diner, and contemporary Japanese eatery.

Further afield, the new North Sydney metro station is a short stroll from AURA, giving residents convenient access to the rest of Sydney.

Etymon Projects will also deliver&nbsp;24/7 concierge services to AURA residents. Customised to AURA residents&#39; lifestyles, services will include everything you&rsquo;d expect from a luxury concierge, including home management and event planning, welcoming guests, making dining reservations, and planning itineraries.

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The $1 billion luxury mixed-use residential development sits among an area undergoing a huge revitalisation, with plans already underway to deliver public domain works that complement the suburb’s new transport, commercial and cultural infrastructure. 



Growing demand for larger apartments in North Sydney sees Aqualand launch stage two of AURA

Inspired by the sun-soaked charm of coastal living and fused with timeless elegance, Lagoon provides a collection of residences that mirror Main Beach&rsquo;s landscape and lifestyle.

The Lagoon residences present a range of two and three-bedroom apartments, along with the signature range of sky homes and duel level penthouse suites.&nbsp;

Demand has been unsurprisingly high, with developer Drew Group planning to bring to market the second tower much earlier than planned and build them simultaneously.&nbsp;

We&rsquo;ve taken a closer look at Lagoon Main Beach and what buyers will love about the rare project.

<h2>The Design</h2>

Set in the heart of Main Beach at 11-23 Cronin Avenue, Lagoon comprises two architecturally stunning towers with 248 residences.

<a href="/developers/drew-group" target="_blank">Drew Group</a>&nbsp;appointed Plus Architecture&nbsp;to design the development with sustainability, environmental, infrastructure and urban renewal at the forefront of their brief resulting in a well crafted design that answers the needs of modern apartment living.

Danny Juric, Director at Plus Architecture, had a clear vision&nbsp;for&nbsp;Lagoon&nbsp;and what he wanted to bring to Main Beach, embracing the coastal living with elegantly expressed modern architecture, with a twist of Palm Springs minimalism.

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With all apartments&nbsp;oriented to maximise the views,&nbsp;Tower 1, named Sunrise, is the larger of the two, rising 31 levels with 143 apartments. Comprising a mix of two-bedroom apartments, which start from 91 sqm of internal space, along with 27 three-bedroom-apartments,&nbsp;which start from 154 sqm of living space, the typical floor-plate is made up of five apartments per floor, up until level 27, where the Signature Collection begins.&nbsp;

The duel-level&nbsp;penthouse suites are located at level 31, with the&nbsp;first&nbsp;floor home to three of the four bedrooms, as well as the kitchen living and dining space. The second-level feature&nbsp;the master suite, along with a media room, and an expansive&nbsp;terrace,&nbsp;spanning&nbsp;over 100 sqm with an outdoor kitchen, dining area, and private plunge pool.

Buyers of the dual-level penthouse suites will have the opportunity to give the home a personal touch with an allocation provided to complete the look with personalised fittings and finishes in consultation with interior designer and architect.

Tower 2, aptly named Sunset, rises 23 levels and has 111 apartments, with a breakdown of one, two and three-bedroom apartments.&nbsp;

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Both towers have podium level access to all the facilities, including the heated lagoon pool, barbecue and leisure areas, the business hub and the fitness centre.&nbsp;

<h2 data-uw-styling-context="true">The Developer</h2>

Established in 1982, Drew Group is a family-orientated property development and investment company, that operates out of Main Beach, Gold Coast. With over 40 years&rsquo; experience in the development industry, Drew Group started at grass roots in Brisbane across all sectors including commercial, industrial, retail, and residential.&nbsp;

Both personable and community focused, Drew Group&rsquo;s focus on opportunities has been market driven; diversifying their portfolio has provided a wide scope of experience across a range of project types.

Drew Group have evoked their community focus, through their deep passion for delivering practical and stylish developments.

&ldquo;Through a very &ldquo;hands on&rdquo; approach to all aspects of the development process, we manage to successfully obtain optimal outcomes for our buyers and investors,&rdquo; say Drew Group.

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The group are no strangers to Main Beach, having completed a luxury 16-storey development back in 2018, delivering 29 luxury apartments to the area.

With projects extending up the coastline, the group&rsquo;s previous projects have all been sell-outs, giving buyers assurance in the quality and integrity of their work.

<h2>The Location</h2>

It doesn&rsquo;t get much better than waking up to the sounds and smells of the neighbouring ocean. &nbsp;With expansive golden beaches bordered by verdant bushland and green spaces, Main Beach is defined by its landscape.

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Lagoon occupies the largest landholding in Main Beach, the careful amalgamation of seven sites, with the site occupying a length of street stretching almost from street corner to street corner.

Beyond the picturesque setting, Lagoon Main Beach lands on the doorstep to a cosmopolitan lifestyle that rivals the offerings of world-renowned destinations.

Tedder Avenue is just 50-metres from Lagoon, while residents will only have to walk 200-metres to access the beach.

Public transport access is easy with Lagoon sitting just 400-metres from the tram line, while MacIntosh Park and Boat ramp are only 900-metres. &nbsp;

<h2>The Amenity</h2>

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Lagoon Main Beach is aptly named after its central leisure facilities, with the lagoon-style pool and the Palm Springs-inspired escape being&nbsp;the focal point to the development.

The recreational podium level, shared between the two buildings, also features a spa,&nbsp;integrated lounges and cabanas, a gym, and barbecue areas, showers, surfboard storage,&nbsp;work from home spaces and a business hub and lounge with a board room.

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We’ve taken a closer look at Lagoon Main Beach and why buyers should have it at the top of their list.



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